THE JAMEEL EDUCATION FOUNDATION UK
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net income of £114,406 from unrestricted donations of £1,815,000, resulting in total unrestricted funds of £114,406 at the end of the period. The trustees consider that reserves of three months' expenditure are adequate, and the current held funds meet this policy target. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At 31 March 2023 the Foundation held total funds of £114,406, all included within the unrestricted fund. All reserved income will be spent in the next accounting period. All income is spent on grant making activities.” — page 4
“Total donations received of £1,815,000 were from related companies under common directorship. All donations made were unrestricted to be used to meet the objects of the Foundation as deemed suitable by the Trustees.” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Omar Yousef Jamilchair
- Ahmed Iqbal Bangee
- Muhammed Stephen Harold Farnsworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.4m |
| 31/03/2024 | £3.0m | £2.1m |
| 31/03/2023 | £1.8m | £1.7m |
Common questions
Is THE JAMEEL EDUCATION FOUNDATION UK financially healthy?
The accounts state that the charity generated a net income of £114,406 from unrestricted donations of £1,815,000, resulting in total unrestricted funds of £114,406 at the end of the period. The trustees consider that reserves of three months' expenditure are adequate, and the current held funds meet this policy target. The independent auditors reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SABENO LIMITED | 1 | £10k |