UNIVERSAL DEVELOPMENT AND EDUCATION SOLIDARITY UK
CHARITABLE PROJECTS FOR THE NEEDY
Latest income
£158k
Latest spending
£149k
Registered
2020
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £8,953 for the year ended 31 December 2024, with total funds held at the end of the period amounting to £10,541. The trustees have adopted a policy of not holding reserves beyond using the surplus for future charitable expenditure.
What the accounts disclose
Largest income source: Donations
“The charity secured donations of £157,945 (2023:£118,679) and had expenditure of £148,992 (2023:£135,840) of which the majority was grants of £142,661 for the year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: not to hold reserves beyond using the surplus for future expenditure (held: £11k)
“The trustees have a policy not to hold reserves beyond using the surplus for future expenditure.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- HAMID ABOUBAKARchair
- ALIOU OUSMAN TINGUERE
- MOHAMMED ANEES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £158k | £149k |
| 31/12/2023 | £119k | £136k |
| 31/12/2022 | £136k | £128k |
| 31/12/2021 | £72k | £62k |
Common questions
Is UNIVERSAL DEVELOPMENT AND EDUCATION SOLIDARITY UK financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £8,953 for the year ended 31 December 2024, with total funds held at the end of the period amounting to £10,541. The trustees have adopted a policy of not holding reserves beyond using the surplus for future charitable expenditure. Its FY2024 accounts were independently examined.