EMAAN RELIEF
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £184,098 for the year, resulting in total net assets decreasing to £47,998. Per the trustees' report, unrestricted reserves are in deficit by £12,587, a position the Trustees acknowledge as a shortfall against their reserves target but consider temporary. The Trustees remain confident that forthcoming unrestricted income and active fundraising will restore reserves to the desired level within the next financial year.
What the accounts disclose
“The Trustees aim to maintain unrestricted reserves equivalent to approximately six months of core operating expenditure” — page 8
Corporate structure
- Registered company of the charity Companies House 12676853
Structured financials (annual return, FY ending 17/12/2024)
Trustees
- Hichem Bellachair
- Hamza Mukadam
- Ibrahim Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 17/12/2024 | £1.9m | £2.1m |
| 17/12/2023 | £888k | £724k |
| 17/12/2022 | £684k | £666k |
Common questions
Is EMAAN RELIEF financially healthy?
The accounts state that the charity reported a net expenditure deficit of £184,098 for the year, resulting in total net assets decreasing to £47,998. Per the trustees' report, unrestricted reserves are in deficit by £12,587, a position the Trustees acknowledge as a shortfall against their reserves target but consider temporary. The Trustees remain confident that forthcoming unrestricted income and active fundraising will restore reserves to the desired level within the next financial year. Its FY2024 accounts were audited by KWSR & Co. Chartered Accountants & Registered Auditors.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOLDMAN SACHS GIVES (UK) | 1 | £1.3m |
| THE BRADLEY AND KATHERINE WICKENS FOUNDATION | 1 | £161k |
| VALLI CHARITABLE TRUST | 1 | £2k |
| SAYABAN WELFARE TRUST | 1 | £1k |