ALGBRA X
Promote or carry out research and publish the useful results thereof. Support underrepresented communities.
Objects
THE OBJECT OF THE CIO IS TO ADVANCE FOR PUBLIC BENEFIT SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that Algbra X held £51,153 in unrestricted cash reserves at the end of the period, with no stated reserves policy target. The charity reported total receipts of £132,431 and total payments of £120,183, resulting in a net surplus, while relying on operational support from its related party, Algbra FS UK Limited.
What the accounts disclose
“The relationship with Algbra is governed by a memorandum of understanding (MOU) which defines the roles and services provided to the charity and the basis of remuneration, if any. As part of this MOU Algbra provides operational support including staff time, project management and administrative assistance.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- 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
- Investing charity funds policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Zeiad Idrischair
- Alexander Daly
- HUMA TARIQ
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £132k | £82k |
| 31/05/2024 | £163k | £127k |
| 31/05/2023 | £97k | £94k |
Common questions
Is ALGBRA X financially healthy?
Per its FY2025 accounts: The accounts state that Algbra X held £51,153 in unrestricted cash reserves at the end of the period, with no stated reserves policy target. The charity reported total receipts of £132,431 and total payments of £120,183, resulting in a net surplus, while relying on operational support from its related party, Algbra FS UK Limited. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 1 | £999k |
| THE JD FOUNDATION | 1 | £561k |
| COUNTYPIER LIMITED | 1 | £116k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £67k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £31k |
| REIFER MEMORIAL LIMITED | 1 | £20k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £15k |
| COVENTRY CHURCH (MUNICIPAL) CHARITIES | 1 | £14k |
Charities like this
- MANNING AND ANDERDON ALMSHOUSES
- AVE FENIX ALBION FOUNDATION LIMITED
- ALEXANDER SHTIEBEL
- WAY UK
- ST ALBANS COMMUNITY ASSOCIATION
- PUBLISH WHAT YOU FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ALGBRA X | £132k | — | 0 | unclear | — | no doubt |
| MANNING AND ANDERDON ALMSHOUSES | £109k | — | 0 | unclear | — | no doubt |
| AVE FENIX ALBION FOUNDATION LIMITED | £47k | — | 0 | unclear | — | no doubt |
| ALEXANDER SHTIEBEL | £248k | — | 0 | above | — | no doubt |
| WAY UK | £210k | — | 0 | within | — | no doubt |
| ST ALBANS COMMUNITY ASSOCIATION | £1.1m | — | 0 | unclear | — | no doubt |