GEAR TRUST UK

Registered charity 1196937 · accounts filings on the Charity Commission register

1. Provision of micro finance including loans and/or equity funding for small enterprises;2. Provision of assistance in the establishment of small businesses and the provision of support for small businesses owned by and primarily employing those in poverty or financial hardship;3. Promote education by awarding scholarships etc;4. Provision of food and medical treatment for poor people.

Objects

THE OBJECTS OF THE CIO ARE THE RELIEF OF POVERTY AND FINANCIAL HARDSHIP THROUGH:-A. THE PROVISION OF MICRO FINANCE AND TECHNICAL ASSISTANCE INCLUDING LOANS AND/OR EQUITY FUNDING FOR SMALL ENTERPRISES AND OR THEIR PROPRIETORS.B. THE PROVISION OF ASSISTANCE IN THE ESTABLISHMENT OF SMALL BUSINESSES AND THE PROVISION OF SUPPORT FOR SMALL BUSINESSES OWNED BY AND PRIMARILY EMPLOYING THOSE IN POVERTY OR FINANCIAL HARDSHIP.C. TO PROMOTE THE EDUCATION SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING BY AWARDING SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS TENABLE AT ANY UNIVERSITY, COLLEGE OR INSTITUTION OF EDUCATION.D. THE PROVISION OF FOOD, FINANCIAL SUPPORT HEALTHCARE AND MEDICAL TREATMENT AND MAKING OF GRANTS AND/OR PAYING FOR ITEMS, EQUIPMENT, SERVICES AND FACILITIES.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that total unrestricted funds carried forward were £342,454.49, representing a net movement of £20,981.85 for the year. The charity reported total income of £789,049.85 against total expenditure of £768,925.50. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Discloses 2 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Complaints handling
• Complaints policy and procedures
• Internal charity financial controls policy and procedures
• Paying staff
• Serious incident reporting policy and procedures

Structured financials (annual return, FY ending 31/12/2024)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

• Mohammad Zafrullahchair
• Ahmed Jamal Khan
• Fayaz Shah

Trustee list from the Charity Commission register (current, not historical).

Operates in: Pakistan · Throughout England And Wales

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with KTRUST LIMITED.

• KTRUST LIMITED income £240k
• GLOBAL UMMAH TRUST income £351k
• Big Issue Trust income £972k
• TS TRUST income £533k
• RENTRUST FOUNDATION LIMITED income £168k
• GILCHRIST EDUCATIONAL TRUST income £125k

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.