Charity Accounts Intelreading the accounts so you don’t have to

AKIM

Registered charity 241458 · accounts filings on the Charity Commission register · also known as THE FRIENDS OF AKIM

RAISING FUNDS FOR MENTALLY HANDICAPPED CHILDREN

Causes: Disability · Get email alerts

Latest income
£53k
Latest spending
£43k
Registered
1965
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £8,396 for the year, resulting in unrestricted fund balances decreasing from £12,522 to £4,126. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Administrative costs were kept to an absolute minimum, with total resources expended significantly exceeding incoming resources.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: funds retained until they reached a certain target for the next gift to Israel (held: £4k)
“The review concluded that there were no fixed commitments but that the charity obviously had a responsibility to fund the annual Supper quiz evening. All other funds were only being retained until these had reached a certain target for the next gift to Israel as the trustees have planned.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Akim (matched by registered charity number).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2025£53k£43k
31/12/2024£31k£29k
31/12/2023£12k£19k
31/12/2022£9k£22k
31/12/2021£26k£5k

Common questions

Is AKIM financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £8,396 for the year, resulting in unrestricted fund balances decreasing from £12,522 to £4,126. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Administrative costs were kept to an absolute minimum, with total resources expended significantly exceeding incoming resources. Its FY2024 accounts were independently examined.