NIALLS FOUNDATION
Latest income
£912k
Latest spending
£309k
Registered
2017
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £1,198,830, significantly exceeding the charity's stated policy of holding no reserves. The charity reported a net income surplus of £328,520, funded primarily by donations from a related party, Fuel Service Ltd.
What the accounts disclose
Reserves policy: not to hold any reserves (held: £1.2m)
“The policy of the charity is not to hold any reserves. All funds received are used to fund grants at the earliest opportunity.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/06/2025)
Total income
£912k
Total spending
£309k
Reserves (reported)
£1.8m
Employees
0
Trustees
- NIALL EL-ASSAADchair
- Ryan El-Assaad
- SOPHIE EL-ASSAAD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £912k | £309k |
| 30/06/2024 | £681k | £353k |
| 30/06/2023 | £356k | £173k |
| 30/06/2022 | £521k | £202k |
| 30/06/2021 | £268k | £13k |
Common questions
Is NIALLS FOUNDATION financially healthy?
The accounts state that unrestricted reserves increased to £1,198,830, significantly exceeding the charity's stated policy of holding no reserves. The charity reported a net income surplus of £328,520, funded primarily by donations from a related party, Fuel Service Ltd. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEAULAND LIMITED | 1 | £57k |
| THE ROGER AND JEAN JEFCOATE TRUST | 1 | £7k |
| SIR SAMUEL SCOTT OF YEWS TRUST | 1 | £5k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 1 | £1k |