Indigent Welfare and Education Trust
The relief of need, hardship or distress of the poor in particular poor orphan children and widows and the relief of sickness of the disabled and the advancement of education in England and throughout the world by providing sustainable aid concentrating on education, digital and welfare projects.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £103,109 to £51,347 due to the purchase of an investment property costing £150,685. The charity notes that commercial property in the Bolton area remains difficult to let, resulting in empty property rates being paid on four owned properties.
What the accounts disclose
“The Trustees remain aware that commercial property in the Bolton area remains difficult to let. This gives rise to empty property rates which are currently being paid on 4 of the properties owned.”
Trustees
- YUSUF AHMED PATELchair
- Noor Mohammed Yusuf
- Zakariyya Patel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £103k | £208k |
| 31/12/2023 | £90k | £58k |
| 31/12/2022 | £97k | £68k |
| 31/12/2021 | £85k | £76k |
| 31/12/2020 | £84k | £39k |
Common questions
Is Indigent Welfare and Education Trust financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £103,109 to £51,347 due to the purchase of an investment property costing £150,685. The charity notes that commercial property in the Bolton area remains difficult to let, resulting in empty property rates being paid on four owned properties. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C B AND H H TAYLOR 1984 TRUST | 1 | £12k |
| WEMBLEY NATIONAL STADIUM TRUST | 1 | £10k |
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | 1 | £5k |
Charities like this
- AZAD WELFARE TRUST (UK)
- ANGEL WELFARE AND EDUCATION TRUST
- THE MATLIWALA FAMILY CHARITABLE TRUST
- HELP INTERNATIONAL WELFARE TRUST UK
- IRAQI WELFARE ASSOCIATION
- NORMAN WHITELEY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Indigent Welfare and Education Trust | £103k | — | 0 | unclear | — | noted |
| AZAD WELFARE TRUST (UK) | £333k | — | 0 | unclear | — | no doubt |
| ANGEL WELFARE AND EDUCATION TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| THE MATLIWALA FAMILY CHARITABLE TRUST | £1.4m | — | 0 | above | — | no doubt |
| HELP INTERNATIONAL WELFARE TRUST UK | £213k | — | 0 | unclear | — | no doubt |
| IRAQI WELFARE ASSOCIATION | £96k | — | 0 | above | — | no doubt |