DIVERSECITY DEVELOPMENT TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £23,906.99 for the year, resulting in a decrease in total funds carried forward from £8,932.59 to £-14,973.40. Per the statement of financial position, the charity holds £4,889.47 in cash at bank but has current liabilities totaling £19,862.98, leading to a net current liability position.
What the accounts disclose
Trustees
- Hiba Amin-Uddin
- Naeem Najib
- Sabia Rehman
- shahida siddique
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £238k | £262k |
| 31/03/2024 | £70k | £129k |
| 31/03/2023 | £260k | £263k |
| 31/03/2022 | £244k | £174k |
Common questions
Is DIVERSECITY DEVELOPMENT TRUST financially healthy?
The accounts state that the charity incurred a net expenditure of £23,906.99 for the year, resulting in a decrease in total funds carried forward from £8,932.59 to £-14,973.40. Per the statement of financial position, the charity holds £4,889.47 in cash at bank but has current liabilities totaling £19,862.98, leading to a net current liability position. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DINA PERELMAN TRUST LIMITED | 1 | £10k |
| EAST END COMMUNITY FOUNDATION | 1 | £10k |
| PAROCHIAL CHURCH COUNCIL OF ABBEYDALE AND MILLHOUSES | 1 | £2k |