CROWN CREST CHARITABLE INCORPORATED ORGANISATION
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted funds of £10,847,722, representing a decrease from the previous year's £11,144,780 due to charitable expenditure exceeding incoming resources. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity received significant donations of £10,000,000 in the current year, which were largely applied to grant funding.
What the accounts disclose
“During the year, £Nil (2022: £10,000,000) was received as donations from Poundstretcher Limited where Mr S A Tayub is a director.” — page 16
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- SHEHZAD TAYUB
- SUHAIL TAYUB
- Timothy Andrew Shattock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.1m | £645k |
| 05/04/2024 | £4.8m | £234k |
| 05/04/2023 | £2 | £297k |
| 05/04/2022 | £10.0m | £102k |
| 05/04/2021 | £1.3m | £2k |
Common questions
Is CROWN CREST CHARITABLE INCORPORATED ORGANISATION financially healthy?
The accounts state that the charity holds unrestricted funds of £10,847,722, representing a decrease from the previous year's £11,144,780 due to charitable expenditure exceeding incoming resources. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity received significant donations of £10,000,000 in the current year, which were largely applied to grant funding. Its FY2023 accounts were audited by Kilsby & Williams LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEREN ASSOCIATION LIMITED | 1 | £94k |