Finance Score: 3

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Strong growth: +2
Multiple Deficits: -2

Gender balanced board: +3

No supporters identified

Overall GiG Score: 6

THE COSARAF CHARITABLE FOUNDATION

The Foundation makes grants and donations to support projects in the UK and overseas, with a particular focus on Africa (especially East Africa) and South East Asia. Trustees' focus is on: - promoting strong and cohesive communities;- enabling young people to realise their potential; and, - empowering women and girls

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
The Board appears to be well diversified in terms of gender

Financial issues to consider:

On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
05/04/23	£1,934	£2,454	£-520	£0	£1,746	£1,742	8.5	1	0
05/04/22	£891	£1,181	£-289	£0	£2,222	£2,194	22.3	1	0
05/04/21	£950	£1,043	£-93	£0	£2,371	£2,286	26.3	1	0
05/04/20	£1,166	£1,058	£109	£0	£2,269	£2,106	23.9	0	3
05/04/19	£312	£693	£-382	n/a	n/a	n/a	n/a	n/a	0
05/04/18	£326	£310	£15	£0	£0	£0	n/a	0	0
05/04/17	£429	£403	£26	£0	£0	£0	n/a	0	0
05/04/16	£399	£326	£73	£0	£0	£0	n/a	0	0
05/04/15	£1,137	£368	£769	£8	£2,041	£1,694	55.3	0	0
05/04/14	£356	£288	£68	£0	£0	£0	n/a	0	0
05/04/13	£104	£213	£-109	£0	£0	£0	n/a	0	0
05/04/12	£286	£215	£71	£0	£0	£0	n/a	0	0
05/04/11	£103	£186	£-83	£0	£0	£0	n/a	0	0
05/04/10	£265	£131	£135	£0	£0	£0	n/a	0	0
05/04/09	£0	£50	£-50	£0	£0	£0	n/a	0	0
05/04/08	£282	£46	£236	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 8.5 months
Net Current Assets/Spending: -0 months
Quick Ratio: 0.6

Asset Split ?

Established: 17 years

http://www.cosaraf.org

info@cosaraf.org

0300 111 7890

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
Overseas Aid/Famine Relief
Religious Activities
The Advancement Of Health Or Saving Of Lives

GiG Classification

Services for females

How it operates

Makes Grants to Individuals
Makes Grants to Organisations

Where it operates

Bangladesh, India, Kenya, Pakistan, Throughout England, Zimbabwe,

Who it helps

Children/Young People
Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (10)

Gender Split

Based on 9/10 persons

NAUREEN SHEIKH Appointed: 2015

AKBAR RASHID SHEIKH Appointed: 2012

ALI RASHID SHEIKH Appointed: 2022

HAMZA RASHID SHEIKH Appointed: 2022

RUKHSANA SHEIKH Appointed: 2018

SABA NAZ SHEIKH

SEEMA JABEEN SHEIKH

YUSUF RASHID SHEIKH Appointed: 2019

FAROUQ RASHID SHEIKH OBE, Other trusteeship: CARETECH CHARITABLE FOUNDATION,

HAROON RASHID SHEIKH, Other trusteeship: CARETECH CHARITABLE FOUNDATION,

Legal constitution

Charity registered in England & Wales on 22/03/2007, number: 1118481

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

16 returns made; all on time

Main office

Metropolitan House
3 Darkes Lane
Potters Bar
Hertfordshire
EN6 1AG

Objectives

1) TO ADVANCE THE EDUCATION OF THE PUBLIC;2) THE ADVANCEMENT OF THE MUSLIM RELIGION IN ACCORDANCE WITH THE TENETS AND DOCTRINES OF ISLAM THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS, PRODUCING AND/OR DISTRIBUTING LITERATURE ON ISLAM TO ENLIGHTEN OTHERS ABOUT THE ISLAMIC FAITH;3) THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY OR OTHER MEANS DEEMED SUITABLE FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES AFFECTED INCLUDING THE PROVISION OF MEDICAL AID;4) THE RELIEF AND ASSISTANCE OF PEOPLE IN ANY PART OF THE WORLD WHO ARE THE VICTIMS OF WAR OR NATURAL DISASTER, TROUBLE OR CATASTROPHE IN PARTICULAR BY THE SUPPLY OF MEDICAL AID TO SUCH PERSONS;5) TO RELIEVE FINANCIAL HARDSHIP, SICKNESS AND POOR HEALTH AMONGST ELDERLY PEOPLE;6) THE RELIEF OF FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR GOODS, SERVICES OF FACILITIES THE RELIEF OF THE SICK AND THE POOR;7) TO ASSIST IN THE TREATMENT AND CARE OF PERSONS SUFFERING FROM MENTAL OR PHYSICAL ILLNESS OF ANY DESCRIPTION OR IN NEED OF REHABILITATION AS A RESULT OF SUCH ILLNESS, BY THE PROVISION OF FACILITIES FOR WORK AND RECREATION;8) SUCH OTHER CHARITABLE OBJECTS OR PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Defined Area of Benefit:

NOT DEFINED IN PRACTICE NATIONAL

Data Sources