TEARS OF JOY FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £15,845 at the end of the year, with unrestricted funds standing at £13,849. The trustees report that the charity has sufficient funds to meet liabilities for the next 12 months, indicating no material uncertainty regarding going concern. The document notes challenges including limited resources and logistical constraints but confirms the charity remains operational.
What the accounts disclose
Trustees
- ABDUL HAKEM OMAR HAJIchair
- AMAR SAID SALUM
- AMEIR AHMED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £105k |
| 31/12/2023 | £105k | £93k |
Common questions
Is TEARS OF JOY FOUNDATION financially healthy?
The accounts state that total funds increased to £15,845 at the end of the year, with unrestricted funds standing at £13,849. The trustees report that the charity has sufficient funds to meet liabilities for the next 12 months, indicating no material uncertainty regarding going concern. The document notes challenges including limited resources and logistical constraints but confirms the charity remains operational. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COLES-MEDLOCK FOUNDATION | 1 | £21k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £15k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £14k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £10k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £5k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |