Finance Score: -1

Governance Score: 0

Support Score: 0

Poor Liquidity: -1
Accounts filed more than 5 days late: -2 times
Strong growth: +2

No supporters identified

Overall GiG Score: -1

Z V M RANGOONWALA FOUNDATION

ZVM Rangoonwala Foundation's objective is to provide financial support for exclusively charitable purposes including the relief of hardship, the relief of the elderly, advancement of education and the arts, and other charitable purposes for the benefit of the community. The Foundation provides support to projects and programmes both in the UK and internationally.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

Liquidity appears to have been slender at the latest year end
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

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
30/06/23		£2,620	£2,673	£-53	£0	£183	£183	0.8
30/06/22	*	£2,159	£2,058	£100	£0	£237	£237	1.4
30/06/21	*	£765	£816	£-51	£0	£136	£136	2
30/06/20		£1,295	£1,172	£123	£0	£187	£187	1.9
30/06/19	*	£1,235	£1,204	£31	£0	£64	£64	0.6
30/06/18		£995	£975	£20	£0	£34	£34	0.4
30/06/17		£800	£799	£1	£67	£14	£14	0.2
30/06/16		£510	£578	£-68	£0	£13	£13	0.3
30/06/15		£525	£488	£37	£40	£81	£81	2
30/06/14		£375	£348	£27	£0	£0	£0	n/a
30/06/13		£350	£350	£0	£0	£0	£0	n/a
30/06/12		£300	£263	£37	£0	£0	£0	n/a
30/06/11		£250	£247	£3	£0	£0	£0	n/a
30/06/10	*	£150	£180	£-30	£0	£0	£0	n/a
30/06/09		£120	£127	£-7	£0	£0	£0	n/a
30/06/08		£116	£83	£33	£0	£0	£0	n/a
30/06/07		£41	£80	£-39	£0	£0	£0	n/a
30/06/06	*	£26	£22	£4	£0	£0	£0	n/a
30/06/05?		£44	£45	£-1	£0	£0	£0	n/a
31/03/04	*	£47	£23	£24	£0	£0	£0	n/a

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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: 0%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 0.8 months
Net Current Assets/Spending: 1 months
Quick Ratio: 34.9

Asset Split ?

Established: 48 years

info@rangoonwalafoundation.org

02079352838

Charity Commission for England and Wales

Listed activities

Arts/Culture/Heritage/Science
Disability
Education/Training
General Charitable Purposes
Overseas Aid/Famine Relief
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Grant-making foundations

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

NAWABZADA KHAWAJA SALIMULLAH ASKARI Appointed: 2000

AZAM RANGOONWALA Appointed: 2022

MEHEEN DALAMAL (Chair) Appointed: 2013, Other trusteeship: MULTI AGENCY INTERNATIONAL TRAINING AND SUPPORT,

SHAKIBA RANGOONWALA Appointed: 2003

ASIF RANGOONWALA Appointed: 1995, Other trusteeships: MEMON ASSOCIATION UK, WORLD MEMON FOUNDATION, WHITEFIELD DEVELOPMENT TRUST, THE BRITISH ASIAN TRUST, BRITISH PAKISTAN FOUNDATION FOR DEVELOPMENT, P1 MARINE FOUNDATION, THE HABIB UNIVERSITY TRUST,

Legal constitution

Charity registered in England & Wales on 17/05/1976, number: 271513

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

20 returns made; AR22: 10 days late, AR21: 5 days late, AR19: 39 days late, AR10: 59 days late, AR06: 1534 days late, AR04: 1 days late,

Recent reorganisation events:

Asset transfer in from S-H-A-R-E FOUNDATION on 22/09/2022

Main office

ZVM RANGOONWALA FOUNDATION
86-87 WIMPOLE STREET
LONDON
W1G 9RL

Objectives

TO PROVIDE FINANCIAL SUPPORT FOR PURPOSES REGARDED AS EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES INCLUDING THE RELIEF OF HARDSHIP THE RELIEF OF THE ELDERLY THE ADVANCEMENT OF EDUCATION AND THE ARTS AND OTHER CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY

Defined Area of Benefit:

NOT DEFINED

Data Sources