Finance Score: 3

Governance Score: 2

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2
Fundraising costs low: +3

12+ Trustees: -1
Dynamic board: +3

No supporters identified

Overall GiG Score: 5

THE SAIFEE FOUNDATION OF EUROPE

Advancement of religion, the relief of poverty, the advancement of education and learning, the provision of medical aid and any other objects of a charitable nature beneficial to the public at large

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
Fundraising costs are unusually low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
There are 17 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £10,042,106 available, equivalent to 305 months of spending and so may not be able to utilise additional funding

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
31/12/22		£2,241	£395	£1,846	£37	£10,042	£10,042	305.2	0	0
31/12/21		£118	£120	£-2	n/a	n/a	n/a	n/a	n/a	0
31/12/20		£119	£157	£-38	n/a	n/a	n/a	n/a	n/a	2
31/12/19		£124	£98	£26	n/a	n/a	n/a	n/a	n/a	0
31/12/18		£140	£37	£104	£0	£0	£0	n/a	0	0
31/12/17		£148	£82	£66	£0	£0	£0	n/a	0	0
31/12/16		£30	£93	£-63	£0	£0	£0	n/a	0	0
31/12/15		£98	£50	£48	£0	£0	£0	n/a	0	0
31/12/14		£139	£22	£118	£0	£0	£0	n/a	0	0
31/12/13		£60	£32	£28	£0	£0	£0	n/a	0	0
31/12/12		£721	£178	£543	£12	£7,132	£6,982	470.9	0	0
31/12/11		£1,056	£38	£1,018	£14	£6,590	£3,179	997.8	0	0
31/12/10		£279	£44	£235	£0	£0	£0	n/a	0	0
31/12/09		£52	£118	£-66	£0	£0	£0	n/a	0	0
31/12/08		£1,384	£39	£1,345	£12	£7,019	£2,107	644.6	0	0
31/12/07		£45	£38	£8	£0	£0	£0	n/a	0	0
31/12/06		£1,547	£31	£1,516	£0	£0	£0	n/a	0	0
31/12/05		£2,150	£39	£2,111	£0	£0	£0	n/a	0	0
31/12/04	*	£76	£72	£5	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 2.2%
Fundraising Costs/Total Spending: 12.1%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 2%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 305.2 months
Net Current Assets/Spending: 195 months
Quick Ratio: 77.8

Asset Split ?

Established: 59 years

saifeefoundationeurope.org.uk

farzdaq@dawatuk.org

02088390750

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Amateur Sport
Animals
Arts/Culture/Heritage/Science
Disability
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Overseas Aid/Famine Relief
Religious Activities
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

International poverty relief

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides advocacy/advice/information
Provides human resources
Provides other finance

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People Of A Particular Ethnic Or Racial Origin
People With Disabilities
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (17)

Current Trustees appointed

AMIRALI TAIBALI KADERBHAI Appointed: 2019

AMMAR SHABBIR ABIDALI

ALIASGAR IBRAHIM RANGWALA Appointed: 2022

ALIHUSSEIN YUSUFALI HASSANALI Appointed: 2022, Other trusteeship: HUSAINI MASJID AND MOHAMMEDI PARK MANAGEMENT TRUST,

DILAVER ESMAIL KHANBHAI Appointed: 2019

DR SIRAJ NATALWALA Appointed: 2019

FARAZDAQ ZAINUDDIN

HUZAIFA ZAINUDDIN Appointed: 2022

IBRAHIM ESMAIL MOHAMMEDALI SHEIKH Appointed: 2019

IBRAHIM JAFAR ZAINI Appointed: 2019

MOHAMMED HUSAIN Appointed: 2019

MOEZ RAJABALI DUNGARWALA Appointed: 2022

SHABBIR IBRAHIM SHEIKH

SHAIKH SHAIKH MUSTAFA ALIBHAI Appointed: 2019, Other trusteeship: ANJUMAN-E-EZZI (NOTTINGHAM),

SHABBIR AMMAR JAMALUDDIN Appointed: 2022, Other trusteeship: ANJUMAN-E-BURHANI (LONDON),

SHAHZADA AMMAR MOHAMMED BURHANUDDIN JAMALUDDIN Appointed: 2022, Other trusteeship: HUSAINI MASJID AND MOHAMMEDI PARK MANAGEMENT TRUST,

YUNUS ABDULKADER Appointed: 2019

Legal constitution

Charity registered in England & Wales on 07/07/1965, number: 241048

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR04: 1 days late,

Main office

THE SAIFEE FOUNDATION OF EUROPE
6 MOHAMMEDI PARK
ROWDELL ROAD
NORTHOLT
MIDDLESEX
UB5 6AG

Objectives

THE ADVANCEMENT OF RELIGION, THE RELIEF OF POVERTY, THE ADVANCEMENT OF EDUCATION AND LEARNING, THE PROVISION OF MEDICAL AID AND ANY OTHER OBJECTS OF CHARITABLE NATURE BENEFICIAL TO THE PUBLIC AT LARGE.

Defined Area of Benefit:

NATIONAL AND FOREIGN.

Data Sources