TURKISH EDUCATION FOUNDATION UK
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net expenditure of £46,554, resulting in total unrestricted reserves of £321,704. This figure is above the trustees' stated policy target of holding around £250,000 in free reserves. The independent examiner confirmed that no material matters were found that would cast doubt on the accounts or the charity's compliance with accounting records.
What the accounts disclose
“The charity’s policy is to hold around £250,000 as free reserves (unrestricted general funds less net book value of fixed assets); a sum deemed by the trustees to be appropriate in the light of the commitments of the charity and other uncertainties.”
Trustees
- Sait Ergun Ozenchair
- Dalinc Ariburnu
- Sezai Emin Taskent
- Sule Arinc
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £125k | £171k |
| 31/12/2023 | £280k | £167k |
| 31/12/2022 | £313k | £118k |
| 31/12/2021 | £131k | £71k |
Common questions
Is TURKISH EDUCATION FOUNDATION UK financially healthy?
The accounts state that the charity ended the year with a net expenditure of £46,554, resulting in total unrestricted reserves of £321,704. This figure is above the trustees' stated policy target of holding around £250,000 in free reserves. The independent examiner confirmed that no material matters were found that would cast doubt on the accounts or the charity's compliance with accounting records. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| THE A B CHARITABLE TRUST | 1 | £300k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| CINVEN FOUNDATION | 1 | £100k |
| OLLINGHAM LIMITED | 1 | £100k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |