COMPASSION FOR CREATION
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,561,527 against a stated policy target of twenty-four months of operational costs. The trustees and auditors confirm the charity is a going concern, although the notes explicitly state that the going concern basis is dependent on continuing donations from the local community and nationally.
What the accounts disclose
“The charity operates a reserve policy of twenty four months to cover operational costs.” — page 5
“The charity is entirely dependent on continuing donations from the local community and nationally. As a consequence the going concern basis is also dependent on the continuing donations.” — page 12
Structured financials (annual return, FY ending 01/06/2025)
Trustees
- Aydarus Elmichair
- Hassan Hamid
- Syed Talha Asad Ullah Jung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/06/2025 | £5.2m | £1.9m |
| 01/06/2024 | £0 | £0 |
Common questions
Is COMPASSION FOR CREATION financially healthy?
The accounts state that the charity holds unrestricted reserves of £2,561,527 against a stated policy target of twenty-four months of operational costs. The trustees and auditors confirm the charity is a going concern, although the notes explicitly state that the going concern basis is dependent on continuing donations from the local community and nationally. Its FY2025 accounts were audited by Adam & Co Accountancy Ltd.