ALTAF AND SHEELA GATRAD CHARITY FOUNDATION
Public benefit mainly overseas but UK consideredRelieve poverty, advance education and relieve sickness especially overseas on merit Prioritise disability, mental health and blindnessHelp orphans, food parcels and access to clean water in natural disaster zonesMaintain human dignity with food, clothing, shelter, education UK registered charities only; contact Altaf Gatrad post/email
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £7,649 for the year ended 30 April 2025, with unrestricted reserves increasing to £13,739. The trustees confirmed that the charity has no paid employees and its costs are limited to professional governance fees and charitable donations. The independent examiner reported no material matters requiring attention, confirming that accounting records were kept in accordance with the Charities Act 2011.
What the accounts disclose
“Voluntary income of £58,000 (2024 - £92,500) received includes £30,000 (2024 - £46,750) from Sheelaltaf Perpetual Investments Ltd”
“It is the policy of the charity to maintain unrestricted funds at a level which allows the trustees to pursue the aims of the charitable trust.” — page 4
“Loan from AM & SA Gatrad (trustees) 30000”
Trustees
- ALTAF GATRADchair
- Kunal Harish Thakrar
- Martin Sharman
- Sheela Gatrad
- Sophia Gatrad Khimji
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £75k | £67k |
| 30/04/2024 | £93k | £90k |
| 30/04/2023 | £65k | £64k |
| 30/04/2022 | £55k | £52k |
Common questions
Is ALTAF AND SHEELA GATRAD CHARITY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £7,649 for the year ended 30 April 2025, with unrestricted reserves increasing to £13,739. The trustees confirmed that the charity has no paid employees and its costs are limited to professional governance fees and charitable donations. The independent examiner reported no material matters requiring attention, confirming that accounting records were kept in accordance with the Charities Act 2011. Its FY2025 accounts were independently examined.