PAKAID
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £1,293,316 at year-end, with total net assets of £3,307,179. The trustees report that the charity has an appropriate system of controls and is satisfied that all major risks have been identified. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Aisha Chaudhrychair
- Almas Iqbal
- Nabeel Javaid
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.4m | £2.6m |
| 31/12/2023 | £1.4m | £1.9m |
| 31/12/2022 | £2.7m | £3.4m |
| 31/12/2021 | £2.7m | £1.4m |
| 31/12/2020 | £666k | £1.3m |
Common questions
Is PAKAID financially healthy?
The accounts state that unrestricted reserves were £1,293,316 at year-end, with total net assets of £3,307,179. The trustees report that the charity has an appropriate system of controls and is satisfied that all major risks have been identified. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties. Its FY2024 accounts were audited by Elliot, Woolfe & Rose Audit and Advisory Services LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PENNY APPEAL | 1 | £644k |
| OVE ARUP PARTNERSHIP CHARITABLE TRUST | 1 | £11k |
| SAVE THE MOTHERS TRUST (SMT) | 1 | £5k |