1692
Financial health, per its FY2025 accounts
The accounts state that the charity reported unrestricted reserves of £156,593 at the end of the period, which the trustees consider to be within their stated policy target of maintaining three to six months of expenditure. The charity generated a net income surplus of £51,474 from total donations of £462,000, with total expenditure amounting to £306,940. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- RAHEEM STERLINGchair
- ABDIKARIM FARAH
- CLIVE ELLINGTON
- NADINE CLARKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £462k | £307k |
| 30/06/2024 | £478k | £432k |
| 30/06/2023 | £115k | £166k |
| 30/06/2022 | £210k | £90k |
Common questions
Is 1692 financially healthy?
The accounts state that the charity reported unrestricted reserves of £156,593 at the end of the period, which the trustees consider to be within their stated policy target of maintaining three to six months of expenditure. The charity generated a net income surplus of £51,474 from total donations of £462,000, with total expenditure amounting to £306,940. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds 1692?
Funders whose own accounts filings name 1692 as a grant recipient include THE JD FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE JD FOUNDATION | FY2023 | £561k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |