AKRAM AID
To relieve financial hardship, distress & suffering among poor people, widows,orphans, victims of natural disasters & other people in need by means of, butnot exclusively, making grants for providing or paying for items, equipment,services, & facilities, including the provision of food, clean water & clothing,medical treatment & cost for attending school for the benefit of the said persons
Objects
TO RELIEVE FINANCIAL HARDSHIP, DISTRESS AND SUFFERING AMONG POOR PEOPLE, WIDOWS, ORPHANS, VICTIMS OF NATURAL DISASTERS AND OTHER PEOPLE IN NEED BY MEANS OF, BUT NOT EXCLUSIVELY, MAKING GRANTS FOR PROVIDING OR PAYING FOR ITEMS, EQUIPMENT, SERVICES, AND FACILITIES, INCLUDING THE PROVISION OF FOOD, CLEAN WATER AND CLOTHING, MEDICAL TREATMENT AND COSTS FOR ATTENDING SCHOOL FOR THE BENEFIT OF THE SAID PERSONS.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £19,088 for the year ended 31 December 2024, with total reserves increasing to £31,565. Unrestricted funds stood at £4,595, which the trustees consider a strong position relative to their monthly running costs of approximately £500. The charity operates on a 100% donation policy for its activities, with administration costs covered by specific donations and gift aid.
What the accounts disclose
“The Charity Commission recommends that, in order to ensure ongoing viability, a charity should hold between 9 and 15 months of total running costs. Akram Aid’s monthly running costs are now approximately £500 and, on this basis, we should be holding between £4,500 and £7,500.” — page 9
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Aaliyah Sohail
- Mohammed S Qulzam
- SAIMA SADIQ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £45k | £26k |
| 31/12/2023 | £47k | £39k |
| 31/12/2022 | £62k | £57k |
Common questions
Is AKRAM AID financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £19,088 for the year ended 31 December 2024, with total reserves increasing to £31,565. Unrestricted funds stood at £4,595, which the trustees consider a strong position relative to their monthly running costs of approximately £500. The charity operates on a 100% donation policy for its activities, with administration costs covered by specific donations and gift aid. Its FY2024 accounts were independently examined.