THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE
Latest income
£133k
Latest spending
£89k
Registered
2023
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £113,905, which the trustees consider sufficient to ensure continuity of activities. The filing notes that the charity's primary income source is donations from trustees, and no independent audit was required for the period.
What the accounts disclose
Reserves policy: sufficient to ensure continuity of activities in the event of an external shock or reduction in donations (held: £114k)
“The Trustees believe it is important to maintain reserves at a level sufficient to ensure continuity of activities in the event of an external shock or reduction in donations.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Zakaria Shafichair
- MUSARRAT IQBAL
- NADEEM SHAFI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/07/2025 | £133k | £89k |
| 01/07/2024 | £98k | £28k |
Common questions
Is THE FOUNDATION FOR EDUCATION, ARTS AND CULTURE financially healthy?
The accounts state that the charity holds unrestricted reserves of £113,905, which the trustees consider sufficient to ensure continuity of activities. The filing notes that the charity's primary income source is donations from trustees, and no independent audit was required for the period. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MANCHESTER CITY GALLERIES TRUST | 1 | £36k |