13 FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity began operating in 2024 with total income of £20,338 and expenditure of £9,250, resulting in a net surplus. Per the trustees' report, the charity holds financial reserves to safeguard operations against income delays or unforeseen costs, and the independent examiner confirmed no material matters came to attention during the examination.
What the accounts disclose
Trustees
- IFTAKHAR IFRAHIMchair
- ASIF AYUB
- EBRAHIM SACHA
- HUZAIFA BINYAMEEN ZAHOOR
- MAJID IFRAHIM
- TAHIR SADIQ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £127k | £107k |
| 31/12/2024 | £20k | £9k |
| 31/12/2023 | £0 | £0 |
| 31/12/2022 | £0 | £0 |
| 31/12/2021 | £0 | £0 |
Common questions
Is 13 FOUNDATION financially healthy?
The accounts state that the charity began operating in 2024 with total income of £20,338 and expenditure of £9,250, resulting in a net surplus. Per the trustees' report, the charity holds financial reserves to safeguard operations against income delays or unforeseen costs, and the independent examiner confirmed no material matters came to attention during the examination. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE COLES-MEDLOCK FOUNDATION | 1 | £21k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £14k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |