FAIZ WELFARE AID
Latest income
£112k
Latest spending
£101k
Registered
2021
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total income increased to £111,560 from £80,003 in the prior year, resulting in a net income surplus of £10,509. Per the trustees' report, unrestricted funds rose to £15,376, and the trustees consider the financial performance satisfactory with sufficient resources to cover temporary timing differences and core costs.
What the accounts disclose
Reserves policy: sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which will allow them to respond quickly to the needs of the Charity (held: £15k)
“The Trustees aim to maintain sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which will allow them to respond quickly to the needs of the Charity.”
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Mohammad Ali Battiwalachair
- Afeef Abdulgani
- Soeb Adam Vali Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £112k | £101k |
| 31/10/2024 | £80k | £89k |
| 31/10/2023 | £61k | £51k |
| 31/10/2022 | £67k | £63k |
Common questions
Is FAIZ WELFARE AID financially healthy?
The accounts state that total income increased to £111,560 from £80,003 in the prior year, resulting in a net income surplus of £10,509. Per the trustees' report, unrestricted funds rose to £15,376, and the trustees consider the financial performance satisfactory with sufficient resources to cover temporary timing differences and core costs. Its FY2025 accounts were independently examined.