THE QIMA FOUNDATION
(A) DESIGNING AND IMPLEMENTING SUSTAINABLE AGRICULTURE PROJECTS THAT SUPPORT FARMING COMMUNITIES TO GENERATE A SUSTAINABLE INCOME(B) SUPPORTING THE SOCIOECONOMIC DEVELOPMENT OF WOMEN THROUGH INCREASING ACCESS TO KNOWLEDGE AND RESOURCES(C) DESIGNING AND IMPLEMENTING EDUCATION AND FUTURE CAREER OPPORTUNITIES FOR DISADVANTAGED CHILDREN AND YOUTH
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £7,273 for the year ended 31 January 2025, resulting in total unrestricted funds falling to a negative balance of £1,553. The trustees acknowledge that the charity relies on donations and support from Qima Coffee Ltd, which provided £75,203 in funding during the period. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Board of Trustees continues to review the Charity’s reserves policy annually, to ensure that sufficient funds are maintained to meet operational commitments and respond effectively to increasing humanitarian needs and emergency situations. The policy remained effective during the year, enabling the Charity to act promptly and responsibly when required.” — page 5
“Qima Coffee Ltd, a company incorporated in England & Wales, has pledged to support The Qima Foundation through direct funding, with 10% of all Company profits being donated to The Qima Foundation. During the period, Qima Coffee Ltd donated £75,203 towards the running and charitable cause of The Qima Foundation (2024: £70,604) Qima Coffee Ltd is considered a related party, given one of the Trustees of the Qima Foundation being a director and significant shareholder of the company.” — page 13
Trustees
- Fahad Raja
- Faris Abubaker Ahmed Sheibani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £76k | £83k |
| 31/01/2024 | £96k | £89k |
| 31/01/2023 | £22k | £22k |
| 31/01/2022 | £23k | £23k |
Common questions
Is THE QIMA FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £7,273 for the year ended 31 January 2025, resulting in total unrestricted funds falling to a negative balance of £1,553. The trustees acknowledge that the charity relies on donations and support from Qima Coffee Ltd, which provided £75,203 in funding during the period. Despite the deficit, the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.