SIMPLE REASON
1.1 To provide financial support among the victims of natural or other kind of disaster. 1.2 To advance the education of the public by providing grants, donations and services
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £4,887 for the year ended 31 January 2025, compared to a loss of £29,003 in the prior year. However, the balance sheet reveals net liabilities of £11,254, indicating that total liabilities exceed total assets. The trustees' report notes that the charity aims to maintain unrestricted funds at a level equivalent to its expenditure to ensure continuity of activities.
What the accounts disclose
“Reserve Policy: It is the policy of the charity that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to its expenditure.”
Trustees
- HUSSAIN AHMEDchair
- Emdadul HAQUE
- Mahbooba Sultana Quadir
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £61k | £61k |
| 31/01/2025 | £97k | £93k |
| 31/01/2024 | £101k | £130k |
| 31/01/2023 | £51k | £38k |
| 31/01/2022 | £22k | £31k |
Common questions
Is SIMPLE REASON financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £4,887 for the year ended 31 January 2025, compared to a loss of £29,003 in the prior year. However, the balance sheet reveals net liabilities of £11,254, indicating that total liabilities exceed total assets. The trustees' report notes that the charity aims to maintain unrestricted funds at a level equivalent to its expenditure to ensure continuity of activities. Its FY2025 accounts were independently examined.