World Care Foundation
Latest income
£4.7m
Latest spending
£4.0m
Accounts read
FY2025
Form
SCIO (Scottish Charitable Incorporated Organisation)
Financial health, per FY2025 accounts
The accounts state that the charity generated a net income of £818,066 for the year ended 31 May 2024, with total funds carried forward reaching £3,173,972. The trustees report no concerns regarding going concern and note that unrestricted reserves stood at £27,055. The charity operates a defined contribution pension scheme and has no disclosed pension deficit.
What the accounts disclose
Reserves position: below the charity's own stated policy
“It is the policy of the charity to maintain funds at a level to meet the current and future activities of World Care Foundation. The total level of unrestricted reserves at 31 May 2024 was £27,055” — page 6
Per FY2025 accounts as filed with OSCR.
Payments to trustees: One trustee's business received £24,554 in expenses for administration costs to allow the trustee to carry out duties overseas.
“During the year, one of the trustees’ businesses received £24,554 in expenses. These expenses were to cover administration costs incurred by the business to allow the trustee to carry out their duties overseas.” — page 19
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee balance
“Included in closing debtors is a balance of £6,921 (2023: creditor - £4,600) due to A. Umar, a trustee. This balance has been repaid after the year end and relates to expenditure for the various overseas projects.” — page 34
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee donations
“Included in closing debtors is a balance of £6,921 (2023: creditor - £4,600) due to A. Umar, a trustee. This balance has been repaid after the year end and relates to expenditure for the various overseas projects.” — page 34
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Trustee business expenses
“Included in closing debtors is a balance of £6,921 (2023: creditor - £4,600) due to A. Umar, a trustee. This balance has been repaid after the year end and relates to expenditure for the various overseas projects.” — page 34
Per FY2025 accounts as filed with OSCR.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with OSCR.
Independent examiner: O'Haras Accountants Limited
Per FY2025 accounts as filed with OSCR.