INAS (ITALIAN WELFARE) LIMITED
To provide general advice and assistance, particularly in social security and state benefit matters, to persons of Italian nationality and to other European citizens resident in the UK.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £7,032 for the year, resulting in unrestricted fund balances decreasing from £93,319 to £86,287. Per the trustees' report, the charity is heavily dependent on grants from its Head Office in Rome, which provided 96% of total income. The document notes no future major capital commitments are planned and the charity remains a going concern with adequate resources.
What the accounts disclose
“The majority of core funding (96%) continued to be provided by the Head Office in Rome, Italy” — page 4
“All the activities of the charity are governed, directed and mainly financed by the Instituto Nazionale Di Assistenza Sociale Head Office in Rome, Italy. All the funds provided by its Head Office and donations received are unrestricted funds to be used as required to finance the general activities of the company.” — page 4
Property (HM Land Registry)
Trustees
- GIANLUIGI PETTENIchair
- Antonietta Bortone-Tinney
- DOMENIC PINI
- Dr GIAN LUCA LODETTI
- LUCIANO LAMBERTI
- MARTINO CRANCHI
- RONALD PATRICK DOUGLAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £351k | £358k |
| 31/12/2023 | £350k | £371k |
| 31/12/2022 | £271k | £332k |
| 31/12/2021 | £302k | £337k |
| 31/12/2020 | £366k | £331k |
Common questions
Is INAS (ITALIAN WELFARE) LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £7,032 for the year, resulting in unrestricted fund balances decreasing from £93,319 to £86,287. Per the trustees' report, the charity is heavily dependent on grants from its Head Office in Rome, which provided 96% of total income. The document notes no future major capital commitments are planned and the charity remains a going concern with adequate resources. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WEMBLEY NATIONAL STADIUM TRUST | 1 | £10k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | 1 | £5k |
Charities like this
- IRAQI WELFARE ASSOCIATION
- THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND
- LA SCUOLA ITALIANA A LONDRA
- RINA CHARITABLE TRUST
- FERDINANDO & LUIGI INNOCENTI FOUNDATION
- UKCISA
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INAS (ITALIAN WELFARE) LIMITED | £351k | — | 0 | unclear | — | no doubt |
| IRAQI WELFARE ASSOCIATION | £96k | — | 0 | above | — | no doubt |
| THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND | £1.6m | £80,001 - £90,000 | 1 | above | — | no doubt |
| LA SCUOLA ITALIANA A LONDRA | £2.7m | £100,001 - £110,000 | 2 | unclear | — | no doubt |
| RINA CHARITABLE TRUST | £336k | — | 0 | above | — | no doubt |
| FERDINANDO & LUIGI INNOCENTI FOUNDATION | £649k | £80,001 - £90,000 | 1 | unclear | — | no doubt |