THE YUSUF AND FARIDA HAMIED FOUNDATION

Registered charity 1183715 · accounts filings on the Charity Commission register

The charity funds/donates to laboratories and academic institutions to educate individuals about health issues or prevent sickness, primarily impacting people in the developing work. The charity operates throughout England & Wales, Spain, Lithuania & United States of America.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£7.3m
Latest spending
£6.3m
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves increased to £670,995 at year-end 2023, up from £310,308 in 2022, following a net surplus for the year. The trustees report that there is no formal reserves policy in place and that fixed expenses are low, with no ongoing commitments infringing on the ability to meet obligations. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Note 14
“Professional fees of £20,554 (2022 - £16,056) were charged by Dixcart International Limited during the year. PA. Robertson, one of the trustees of the Foundation, is a Director of Dixcart International Limited.” — page 17
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Ward Williams. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£7.3m
Total spending
£6.3m
Reserves (reported)
£1.6m
Employees
0

Reported reserves equal ~3.1 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lithuania · Spain · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£7.3m£6.3m
31/12/2023£1.6m£1.3m
31/12/2022£10.0m£13.2m
31/12/2021£3.0m£201k
31/12/2020£29.2m£28.8m

Common questions

Is THE YUSUF AND FARIDA HAMIED FOUNDATION financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted reserves increased to £670,995 at year-end 2023, up from £310,308 in 2022, following a net surplus for the year. The trustees report that there is no formal reserves policy in place and that fixed expenses are low, with no ongoing commitments infringing on the ability to meet obligations. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Ward Williams.

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.

FunderSimilar charities fundedAmount to them
UK GIVES LTD1£35k
UBS UK Donor-Advised Foundation1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE HARRY & MARY FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE YUSUF AND FARIDA HAMIED FOUNDATION£7.3m—0unclear—no doubt
THE HARRY & MARY FOUNDATION FY2025£632k—0unclear—no doubt
SHAHID AFRIDI FOUNDATION (UK) FY2024£558k—0unclear—no doubt
FREILICH FAMILY FOUNDATION FY2024£347k—0unclear—no doubt
WITH LOVE ALL THINGS ARE POSSIBLE FY2025£149k—0unclear—no doubt
ISSA FOUNDATION FY2024£9.9m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.