QUBA WELFARE FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity raised £125,100 in income and incurred £122,646 in charitable expenditure, resulting in a net surplus of £2,454 for the year. Per the trustees' report, unrestricted reserves stand at £173 against a policy target of three months of expenditure, while total funds increased to £11,403. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity reserves funds to cover 3 months expenditure which will ensure that the charity can continue its activities for that length of time even if there is a sudden and significant drop in funding.” — page 4
Trustees
- Abdul Sattar Asimchair
- Abdullah Asim
- Atta Ur Rehman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/03/2025 | £125k | £123k |
| 30/03/2024 | £14k | £5k |
Common questions
Is QUBA WELFARE FOUNDATION financially healthy?
The accounts state that the charity raised £125,100 in income and incurred £122,646 in charitable expenditure, resulting in a net surplus of £2,454 for the year. Per the trustees' report, unrestricted reserves stand at £173 against a policy target of three months of expenditure, while total funds increased to £11,403. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.