DURONIC FOUNDATION LIMITED
1. SUPPORTING AND FUNDING EMERGENCIES2. BUILDING HOMES FOR POOR PEOPLE IN THIRD WORLD COUNTRIES3. PROVIDING MEDICAL CARE FOR PEOPLE IN THIRD WORLD COUNTRY4. PROVIDING EDUCATIONAL SUPPORT TO POOR PEOPLE5. FEEDING THE HOMELESS
Objects
THE CHARITY’S OBJECTS (“OBJECTS”) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:THE OBJECTS OF THE CHARITY ARE:(1) THE PREVENTION AND RELIEF OF POVERTY IN THE UK AND OVERSEAS BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.(2) THE ADVANCEMENT OF EDUCATION IN THE UK AND OVERSEAS BY PROVIDING GRANTS TO INDIVIDUALS AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO IDENTIFY CHILDREN WHO REQUIRE ASSISTANCE IN GAINING EDUCATION.(3) THE RELIEF OF SICKNESS AND PRESERVATION OF HEALTH IN THE UK AND OVERSEAS BY PROVIDING GRANTS TO INDIVIDUALS AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PROVIDE HEALTHCARE AND CLEAN WATER WELLS.(4) THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY (OR OTHER MEANS DEEMED SUITABLE) FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES AFFECTED.
Financial health, per its FY2025 accounts
The accounts state that the charity holds £63,000 in reserves, which the trustees confirm are sufficient to support ongoing projects and continue operations. The financial review describes the position as satisfactory with enough funds to continue.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- MOHAMMED SAJID ALI MENONchair
- MIJ
- SAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £61k | £66k |
| 31/01/2024 | £78k | £78k |
| 31/01/2023 | £81k | £78k |
| 31/01/2022 | £87k | £87k |
| 31/01/2021 | £26k | £59k |
Common questions
Is DURONIC FOUNDATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds £63,000 in reserves, which the trustees confirm are sufficient to support ongoing projects and continue operations. The financial review describes the position as satisfactory with enough funds to continue.