FAIZAN GLOBAL RELIEF FOUNDATION UNITED KINGDOM
Welfare and Relief
Latest income
£1.7m
Latest spending
£871k
Registered
2022
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds held were £4,517 against unrestricted income of £14,660 for the year. The Trustees believe the financial position is satisfactory and that the charity will have sufficient reserves to meet its obligations in the future.
What the accounts disclose
Reserves policy: enough reserves to produce income in order to meet any commitments that they have made and in order to support appropriate causes (held: £5k)
“It is the Trustees’ policy to maintain enough reserves to produce income in order to meet any commitments that they have made and in order to support appropriate causes when they come to the attention of the Trustees.”
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/10/2024)
Total income
£1.7m
Total spending
£871k
Cost of raising funds
£2k
Reserves (reported)
£655k
Employees
1
Trustees
- Rezwan Ali Asgharchair
- Muhammad Shahzad Ashraf
- Rizwan Rasheed
- Syed Muhammad Faisal Sami
- Toheid Latif
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £1.7m | £871k |
| 31/10/2023 | £412k | £82k |
Common questions
Is FAIZAN GLOBAL RELIEF FOUNDATION UNITED KINGDOM financially healthy?
Per its FY2023 accounts: The accounts state that unrestricted funds held were £4,517 against unrestricted income of £14,660 for the year. The Trustees believe the financial position is satisfactory and that the charity will have sufficient reserves to meet its obligations in the future. Its FY2023 accounts were independently examined.