DATE PALM FOUNDATION
Community centre
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £63,328 at the end of the period, with no formal reserves policy in place but a target of holding three to six months of running costs. The charity reported total receipts of £271,549 against total payments of £538,615, resulting in a net decrease in cash funds of £267,066 for the year. The financial statements were subject to an independent examination which reported no material matters requiring attention.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Awais Shah
- Haris Ahmed
- Iswan Hussain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £272k | £539k |
| 31/03/2024 | £330k | £2k |
| 31/03/2023 | £0 | £0 |
Common questions
Is DATE PALM FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £63,328 at the end of the period, with no formal reserves policy in place but a target of holding three to six months of running costs. The charity reported total receipts of £271,549 against total payments of £538,615, resulting in a net decrease in cash funds of £267,066 for the year. The financial statements were subject to an independent examination which reported no material matters requiring attention. Its FY2025 accounts were independently examined.