BABULILM FOUNDATION UK
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £134,223 for the year ended 31 January 2023, with total income of £230,143 and total expenditure of £95,920. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. As this was the charity's first year of operation, no reserves policy had yet been established.
What the accounts disclose
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Mohammed Akbar Alichair
- Azhar Aijaz Abedi
- Rizwan Rahemtulla
- Syed Tahir Hassan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £639k | £574k |
| 31/01/2024 | £302k | £238k |
| 31/01/2023 | £230k | £96k |
Common questions
Is BABULILM FOUNDATION UK financially healthy?
The accounts state that the charity reported a net surplus of £134,223 for the year ended 31 January 2023, with total income of £230,143 and total expenditure of £95,920. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties. As this was the charity's first year of operation, no reserves policy had yet been established. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Indigent Welfare and Education Trust | 1 | £4k |