THE BARAKAT TRUST
Registered charity 1176631 · accounts filings on the Charity Commission register
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £174,611 for the year ended 31 December 2023, with total funds increasing to £2,134,927. The trustees confirmed that free reserves amounted to £870,965, which significantly exceeds the stated policy target of £100,000 required to cover four months of operational activities. The trustees also expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Reserves policy: four months of unrestricted expenditure (held: £871k)
“Based on current commitments, this requirement is £100,000.”
Per its FY2023 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit).
Structured financials (annual return, FY ending 31/12/2023)
Cost of raising funds
£40k
Reported reserves equal ~20.1 months of spending — above the median for charities its size (median 7.0 months; benchmarks).
Register events
- Received assets from another charity (15/08/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
- Hamida Ali Alireza
- Mustafa Hussain
- RABYA ALFADL
- SARA ABDULLAH ALIREZA
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is THE BARAKAT TRUST financially healthy?
The accounts state that the charity reported a surplus of £174,611 for the year ended 31 December 2023, with total funds increasing to £2,134,927. The trustees confirmed that free reserves amounted to £870,965, which significantly exceeds the stated policy target of £100,000 required to cover four months of operational activities. The trustees also expressed a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with AL JAMEAH AL SAYFIYAH TRUST.