FRIENDS FOUNDATION
General charitable purposes
Objects
THE OBJECTS OF THE CIO ARE TO FURTHER SUCH PURPOSES WHICH MAY BE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES SEE FIT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income deficit of £3,229 for the year ended 31 March 2024, resulting in a decrease in unrestricted fund balances from £31,478 to £28,249. The trustees noted that limited funds are available to distribute each year, and the charity holds no employees. The independent examiner reported no matters requiring attention regarding accounting records or compliance.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Anisa Bhojani
- Mohammad Rafique Bhojani
- Shabbir Hussain Bhojani
- Zain Abbas Yahya Bhojani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £103k | £71k |
| 31/03/2024 | £118k | £121k |
| 31/03/2023 | £116k | £105k |
| 31/03/2022 | £79k | £66k |
| 31/03/2021 | £34k | £33k |
Common questions
Is FRIENDS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income deficit of £3,229 for the year ended 31 March 2024, resulting in a decrease in unrestricted fund balances from £31,478 to £28,249. The trustees noted that limited funds are available to distribute each year, and the charity holds no employees. The independent examiner reported no matters requiring attention regarding accounting records or compliance. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BRITISH FRIENDS OF MASAT MOSHE | 1 | £448k |
| AHAVAS SHALOM TRUST | 1 | £348k |
| CHALFORDS LIMITED | 1 | £200k |
| HOLMFIELD CHARITABLE TRUST | 1 | £181k |
| FRIENDS OF FEDERATION OF JEWISH COMMUNITIES OF UKRAINE | 1 | £80k |
| LATATE LIMITED | 1 | £36k |
| BELZ FOUNDATION LTD | 1 | £27k |
| MOLE CHARITABLE TRUST | 1 | £22k |
Charities like this
- THE FREDERICK MULDER FOUNDATION
- MY FOUNDATION
- FRIENDS OF FEDERATION OF JEWISH COMMUNITIES OF UKRAINE
- THE ROY BARD CHARITABLE FOUNDATION
- FRIENDS OF CHARITY INTERNATIONAL
- THE MARTYN BRACEGIRDLE CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FRIENDS FOUNDATION | £103k | — | 0 | unclear | — | no doubt |
| THE FREDERICK MULDER FOUNDATION | £223k | — | 0 | unclear | — | no doubt |
| MY FOUNDATION | £430k | — | 0 | unclear | — | no doubt |
| FRIENDS OF FEDERATION OF JEWISH COMMUNITIES OF UKRAINE | £56k | — | 0 | unclear | — | no doubt |
| THE ROY BARD CHARITABLE FOUNDATION | £475k | — | 0 | unclear | — | no doubt |
| FRIENDS OF CHARITY INTERNATIONAL | £121k | — | 0 | unclear | — | no doubt |