The Shuaib Chaudhary Foundation
Grant making charity in order to help other charities or voluntary bodies.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE SUCH CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT AS THE CHARITY TRUSTEES FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £415,282, which the trustees deem plentiful to meet objectives. The charity reported a net income increase of £927 for the year, with total income of £31,494 against expenditure of £30,567. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees will ensure that sufficient reserves are maintained to continue the work of the Foundation for the foreseeable future.” — page 5
“During the previous financial year, Shuaib Chaudhary, a Trustee, donated £100,000 to the Foundation.” — page 14
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Shuaib Chaudharychair
- Anthony Turner
- Arshad Chaudhary
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £31k | £31k |
| 30/06/2024 | £128k | £1k |
| 30/06/2023 | £90k | £21k |
| 30/06/2022 | £140k | £950 |
| 30/06/2021 | £80k | £894 |
Common questions
Is The Shuaib Chaudhary Foundation financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £415,282, which the trustees deem plentiful to meet objectives. The charity reported a net income increase of £927 for the year, with total income of £31,494 against expenditure of £30,567. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.