ASUM UK
Charitable activities for the needy
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £373,000 to £159,526 during the year, driven by resources expended exceeding incoming donations. The charity holds no restricted funds and maintains a reserves policy aimed at covering timing differences and working capital, though no specific monetary target is defined. The independent examiner reported no matters requiring attention, indicating the accounts comply with statutory requirements.
What the accounts disclose
“The Trustees aim to maintain sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which allow them to respond quickly to the needs of the Trust.” — page 2
Trustees
- RIAZ MAHOMED IQBAL JUMA GHUMRA
- ROMIN YUSUF TAYUB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £73k |
| 31/12/2023 | £191k | £125k |
| 31/12/2022 | £448k | £462k |
| 31/12/2021 | £471k | £135k |
| 31/12/2020 | £118k | £85k |
Common questions
Is ASUM UK financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £373,000 to £159,526 during the year, driven by resources expended exceeding incoming donations. The charity holds no restricted funds and maintains a reserves policy aimed at covering timing differences and working capital, though no specific monetary target is defined. The independent examiner reported no matters requiring attention, indicating the accounts comply with statutory requirements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LPW LIMITED | 1 | £291k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| CHARITWORTH LIMITED | 1 | £110k |
| THE KNIGHTLAND FOUNDATION | 1 | £80k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| SF FOUNDATION | 1 | £33k |
| UOHC FOUNDATION LTD | 1 | £25k |
Charities like this
- YAD VEACHISOMOCH L'CHAIM
- HAILSHAM PAVILION LIMITED
- BRITISH FRIENDS OF CHATZER HAKODESH VIZNITZ
- BRITISH FRIENDS OF DARCHE NOAM
- MEKADSHEI SHEVEI CHARITABLE TRUST
- SELLATA LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ASUM UK | £160k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| HAILSHAM PAVILION LIMITED | £193k | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF CHATZER HAKODESH VIZNITZ | £998k | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF DARCHE NOAM | £139k | — | 0 | unclear | — | no doubt |
| MEKADSHEI SHEVEI CHARITABLE TRUST | £156k | — | 0 | unclear | — | no doubt |