POSSUK LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity holds total reserves of £3,605,119 with free reserves of £48,444, noting that trustees believe sufficient funds are available to meet liabilities due to high rental yields and discretionary grant obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At the year end, the Charity had total reserves of £3,605,119 (2023: £3,702,631) and free reserves totalling £48,444 (2023: £206,346).” — page 4
“During the year, the charity received donations aggregating £85,500 (2023: £10,921) from its subsidiary undertaking.” — page 16
“The Charity's wholly owned subsidiary Besafe Investments Limited is engaged in property investments.” — page 3
Trustees
- MR A DZIALOWSKIchair
- FEYGA DZIALOWSKI
- MR J STERN
- MR KASRIEL DZIALOWSKI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £318k |
| 31/12/2023 | £62k | £136k |
| 31/12/2022 | £107k | £130k |
| 31/12/2021 | £86k | £75k |
| 31/12/2020 | £93k | £147k |
Common questions
Is POSSUK LIMITED financially healthy?
The accounts state that the charity holds total reserves of £3,605,119 with free reserves of £48,444, noting that trustees believe sufficient funds are available to meet liabilities due to high rental yields and discretionary grant obligations. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.