TURKISH STUDENTS WELFARE CHARITY
The main objectives of the charity are:- to relieve poverty among Turkish students in the UK- to promote advancement of education among Turkish students in the UK- to promote religion of Islam among Turkish students in the UK- to provide hostels for the accommodation of Turkish students in the UK- to organise celebration of religious festivals
Financial health, per its FY2024 accounts
The accounts state that the charity generated £118,730 in income and incurred £69,060 in charitable expenditure, resulting in a net income of £49,670 for the year. Per the trustees' report, free reserves stood at £95,523, which exceeds the stated policy target of four months' operating costs. The independent examiner confirmed that accounting records were kept and the financial statements accorded with those records.
What the accounts disclose
“Their policy is to hold enough funds to meet four months’ operating costs of the premises.” — page 5
Property (HM Land Registry)
Trustees
- Professor ABDULBARI BENERchair
- Burhan YILDIRIM
- Dr Eyup Kahveci
- Dr Huseyin ASLAN
- Dr Naim Baydar
- Fatih ERDOGAN
- Kadir Sefiloglu
- Professor Ahmet Zeki Sengil
- Professor Emir KAYA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £119k | £69k |
| 31/12/2023 | £98k | £71k |
| 31/12/2022 | £254k | £62k |
| 31/12/2021 | £37k | £40k |
| 31/12/2020 | £51k | £26k |
Common questions
Is TURKISH STUDENTS WELFARE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated £118,730 in income and incurred £69,060 in charitable expenditure, resulting in a net income of £49,670 for the year. Per the trustees' report, free reserves stood at £95,523, which exceeds the stated policy target of four months' operating costs. The independent examiner confirmed that accounting records were kept and the financial statements accorded with those records. Its FY2024 accounts were independently examined.