HAND IN HAND FOR AID AND DEVELOPMENT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £2,250,735 for the year ended 31 December 2024, resulting in a decrease in total net assets from £7,787,891 to £5,537,156. The trustees' report notes that funding remains a significant challenge due to shifts in donor priorities and competing crises, while the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Employees paid between £80,000 and £90,000 a year 2”
“The Trustees have a policy of holding back £300,000 of unrestricted reserves to meet any unforeseen costs of relief required in an emergency.” — page 13
“Two Trustees (Faddy Sahloul and Fadi Al-Dairi) were renumerated as they hold full-time management positions. Their total costs including social security, and pension contributions, were £175,504” — page 29
“Two Trustees (Faddy Sahloul and Fadi Al-Dairi) were renumerated as they hold full-time management positions. Their total costs including social security, and pension contributions, were £175,504” — page 29
“One close family member of a Trustee received £9,913 (2023 : £15,927), as an employee of the charity.”
“Two Trustees (Faddy Sahloul and Fadi Al-Dairi) were renumerated as they hold full-time management positions. Their total costs including social security, and pension contributions, were £175,504” — page 29
“One close family member of a Trustee received £9,913 (2023 : £15,927), as an employee of the charity.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (24/03/2020)
Trustees
- OMAR ABDUL GABBARchair
- Aula Abbara
- Dr Mohammad Alhadj Ali
- Dr Nilesh Anil Dayaram
- FADDY SAHLOUL
- FADI AL-DAIRI
- Noor Al-Dairi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27.1m | £29.4m |
| 31/12/2023 | £33.7m | £32.4m |
| 31/12/2022 | £22.4m | £21.6m |
| 31/12/2021 | £19.5m | £21.0m |
| 31/12/2020 | £24.7m | £20.2m |
Common questions
Is HAND IN HAND FOR AID AND DEVELOPMENT financially healthy?
The accounts state that the charity reported a net deficit of £2,250,735 for the year ended 31 December 2024, resulting in a decrease in total net assets from £7,787,891 to £5,537,156. The trustees' report notes that funding remains a significant challenge due to shifts in donor priorities and competing crises, while the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Abacus Partners (Ldn) LLP.
What does the highest-paid employee of HAND IN HAND FOR AID AND DEVELOPMENT earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Who funds HAND IN HAND FOR AID AND DEVELOPMENT?
Funders whose own accounts filings name HAND IN HAND FOR AID AND DEVELOPMENT as a grant recipient include CHOOSE LOVE.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CHOOSE LOVE | FY2025 | £170k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PENNY APPEAL | 1 | £644k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £28k |
| INTO GIVING LIMITED | 1 | £12k |
| G M C TRUST | 1 | £7k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| SAVE THE MOTHERS TRUST (SMT) | 1 | £5k |
| THE GSR FOUNDATION | 1 | £0 |