ASIAN FOUNDATION FOR HELP
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £97,160 for the year, resulting in a decrease in total funds from £314,713 to £217,553. The trustees note that costs have been well managed and the charity continues to raise funds through special events. No material uncertainties affecting the charity's ability to continue as a going concern are disclosed.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds so that it can offer a faster response to new and existing charitable causes, with a minimum reserve for organising and setup costs.” — page 2
Trustees
- HITESH POPATchair
- ANITA RUPARELIA
- Bharat Kotak
- GOVIND PATEL
- KETAN MEHTA
- NARENDRA KOTECHA
- PRIYA PURRYAG
- VINOD KOTECHA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £206k | £236k |
| 31/12/2023 | £166k | £157k |
| 31/12/2022 | £103k | £153k |
| 31/12/2021 | £134k | £163k |
| 31/12/2020 | £112k | £140k |
Common questions
Is ASIAN FOUNDATION FOR HELP financially healthy?
The accounts state that the charity reported a net expenditure of £97,160 for the year, resulting in a decrease in total funds from £314,713 to £217,553. The trustees note that costs have been well managed and the charity continues to raise funds through special events. No material uncertainties affecting the charity's ability to continue as a going concern are disclosed. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SHANTA FOUNDATION | 1 | £50k |
| THE GOYAL FOUNDATION | 1 | £10k |
| KADWA PATIDAR SAMAJ (UK) LIMITED | 1 | £1k |