ISA FOUNDATION
The prevention or relief of poverty or financial hardship in the UK and the world, specifically in Pakistan, Turkey, Lebanon and Africa, by providing grants to organisations and individuals for the provision of emergency aid, education, training, healthcare projects and the provision of all the necessary support designed to enable individuals to generate a sustainable income and be self sufficient
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £1,955 to £47,015, resulting in a net income of £45,060 for the year. The trustees report that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities. The charity is exempt from statutory audit requirements and has no employees.
What the accounts disclose
“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 between three and six month’s expenditure.” — page 4
Trustees
- Iqtasham Sunny Arafchair
- Alia Karim
- Janed Karim
- NIDA RASHEED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £50k | £4k |
| 31/12/2023 | £500 | £82k |
| 31/12/2022 | £3k | £243k |
| 31/12/2021 | £466k | £142k |
Common questions
Is ISA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £1,955 to £47,015, resulting in a net income of £45,060 for the year. The trustees report that reserves are maintained at a level equivalent to between three and six months' expenditure, which they consider sufficient to continue activities. The charity is exempt from statutory audit requirements and has no employees. Its FY2024 accounts were independently examined.