The Trust Foundation
Focus will be on the poor and needy, children and the elderly, marginalised communities
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £3,326 for the year ended 31 December 2024, with total unrestricted reserves of £4,635,601. The trustees confirm that assets are adequate to fulfil obligations and that the charity is in a strong position to continue its activities. The charity does not undertake any fundraising activities and relies on donations from companies.
What the accounts disclose
“The charity received donations of £3,000,000 (2023: £2,400,000) and bank interest received of £4,008 (2023: £18,876).” — page 15
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Adam Awan
- Nasir Awan
- Shiraz Omar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.0m | £3.0m |
| 31/12/2023 | £2.4m | £3.1m |
| 31/12/2022 | £3.0m | £3.8m |
| 31/12/2021 | £2.7m | £1.2m |
| 31/12/2020 | £7k | £900k |
Common questions
Is The Trust Foundation financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £3,326 for the year ended 31 December 2024, with total unrestricted reserves of £4,635,601. The trustees confirm that assets are adequate to fulfil obligations and that the charity is in a strong position to continue its activities. The charity does not undertake any fundraising activities and relies on donations from companies. Its FY2024 accounts were audited by Sumer Auditco Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Leathersellers' Foundation | 1 | £275k |
| THE CRUCIBLE FOUNDATION | 1 | £170k |
| CLASSQUOTE LIMITED | 1 | £30k |
| THE 4814 TRUST | 1 | £25k |
| KMB ESTATES | 1 | £18k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
| The Lord Leonard and Lady Estelle Wolfson Foundation | 1 | £5k |
| THE RAYNE FOUNDATION | 1 | £2k |
Charities like this
- The Family Trust
- TRUSTWELL LIMITED
- THE IMMIGRANTS' AID TRUST
- SANGAT TRUST
- TENDER EDUCATION AND ARTS
- THE FOCUS FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Trust Foundation | £3.0m | — | 0 | above | — | no doubt |
| The Family Trust | £4.8m | — | 0 | unclear | — | no doubt |
| TRUSTWELL LIMITED | £162k | — | 0 | above | — | no doubt |
| THE IMMIGRANTS' AID TRUST | £106k | — | 0 | unclear | — | no doubt |
| SANGAT TRUST | £848k | — | 0 | unclear | — | no doubt |
| TENDER EDUCATION AND ARTS | £1.8m | Over £60,000 | 1 | unclear | — | no doubt |