NOSTOS HOMES
For the public benefit, the relief of those in need by reason of social and economic disadvantage who are (i) forcibly displaced and have lost their homes as a result of violent conflict or catastrophe or (ii) living in areas lacking necessary infrastructure, in particular by the supply of emergency shelters, longer-term housing, medical centres, schools, and community spaces.
Financial health, per its FY2024 accounts
The accounts state that the charity reported total income of £32,949.86 against charitable expenditure of only £71.40 for the year, resulting in a significant surplus. The trustees hold unrestricted reserves of £53,755.01 but note that current fundraising is ad hoc and dependent on individual networks, creating a dependency on securing more consistent funding sources to maintain future operations.
What the accounts disclose
“The charity’s principal funding sources were donations from individuals, the entailing gift matches, and grants from corporate donors.”
Trustees
- Madhav Dattchair
- Kaushal Shetty
- Pok Yan Felix Chu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £71 |
| 31/12/2023 | £19k | £9k |
| 31/12/2022 | £20k | £28k |
| 31/12/2021 | £23k | £6k |
Common questions
Is NOSTOS HOMES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported total income of £32,949.86 against charitable expenditure of only £71.40 for the year, resulting in a significant surplus. The trustees hold unrestricted reserves of £53,755.01 but note that current fundraising is ad hoc and dependent on individual networks, creating a dependency on securing more consistent funding sources to maintain future operations. Its FY2024 accounts were independently examined.