BALQEES WELFARE FOUNDATION

Registered charity 1185768 · accounts filings on the Charity Commission register

For the public benefit, the relief of those in need, by reason of age, ill-health, disability, financial hardship or any other disadvantage in Pakistan with the provision of financial or material aid through the provision of grants to individuals and organisations.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.3m
Latest spending
£1.4m
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £3,406,260, which is above the charity's stated policy target of three to five months of unrestricted expenditure. The charity reported a net income of £736,396 for the year, funded primarily by donations from a related party, with no staff costs incurred.

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

What the accounts disclose

Largest income source: Allied International Trading Ltd (100% of income)
“Principal funding source for the charity is Allied International Trading Ltd, a business setup by Mr. & Mrs. Akhtar who are also the founding trustees of the charity.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: three to five months unrestricted expenditure (held: £3.4m)
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, ata level which equates to approximately three to five months unrestricted expenditure.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Allied International Trading Limited, a company where two founding trustees are major shareholders.
“Two of the founding trustees Mr. Parvez Akhtar and Mrs. Rehana Jabeen Pervez are also major shareholders in Allied International Trading Limited, UK the main donor organisation to the UK charity. Donations Received from: Allied international Trading limited: £1,238,950 (2022 - £1,031.379)” — page 9
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Alderton Accountancy Limited. Discloses 5 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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

Total income
£1.3m
Total spending
£1.4m
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter 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: Pakistan

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.4m
31/12/2023£1.2m£503k
31/12/2022£1.0m£477k
31/12/2021£1.4m£1.5m
31/12/2020£7.0m£4.7m

Common questions

Is BALQEES WELFARE FOUNDATION financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted reserves stood at £3,406,260, which is above the charity's stated policy target of three to five months of unrestricted expenditure. The charity reported a net income of £736,396 for the year, funded primarily by donations from a related party, with no staff costs incurred. Its FY2023 accounts were audited by Alderton Accountancy Limited.

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BABULILM FOUNDATION UK.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BALQEES WELFARE FOUNDATION£1.3m—0above—no doubt
BABULILM FOUNDATION UK FY2024£639k—0unclear—no doubt
HAYAAT WELFARE TRUST FY2025£451k—0unclear—no doubt
MUHAMMAD BILAL WELFARE FOUNDATION FY2025£159k—0unclear—no doubt
CHILDREN OF PAKISTAN EARTHQUAKE FY2025£396k—0unclear—no doubt
B&Q Foundation FY2026£2.8m—0unclear—no doubt

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