SPOT PROJECT
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £584,274 for the year ended 31 May 2025, resulting in total reserves of £2,767,598. The trustees consider the current level of unrestricted reserves to be appropriate for supporting ongoing activities and maintaining financial resilience. The auditor confirmed that the charity has adequate resources to continue in operational existence for at least another 12 months.
What the accounts disclose
“The trustees review the charity’s reserves position regularly and consider the current level of unrestricted reserves to be appropriate in supporting the charity’s ongoing activities while maintaining financial resilience.”
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Bilal Abdul-Khaliqchair
- Fatima Batrane
- Nurma Khanum
- Shahima Khanum
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £1.6m | £1.0m |
| 31/05/2024 | £1.2m | £590k |
| 31/05/2023 | £1.8m | £1.8m |
| 31/05/2022 | £1.4m | £1.0m |
| 31/05/2021 | £1.4m | £890k |
Common questions
Is SPOT PROJECT financially healthy?
The accounts state that the charity generated a net surplus of £584,274 for the year ended 31 May 2025, resulting in total reserves of £2,767,598. The trustees consider the current level of unrestricted reserves to be appropriate for supporting ongoing activities and maintaining financial resilience. The auditor confirmed that the charity has adequate resources to continue in operational existence for at least another 12 months. Its FY2025 accounts were audited by Abacus Partners (Ldn) LLP.