Finance Score: -2

Governance Score: -11

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5

No conflicts policy: -1
2 Trustees: -2
Narrow trustee age band: -2
Very static board: -5

No supporters identified

Overall GiG Score: -13

THE AMJAD AND SUHA BSEISU FOUNDATION

The Foundation invites applications for funding of projects through various sources. The applications ar reviewed by the trustees who ensure that they are in accordance with the Foundation's objectives which are to relief poverty and sickness, to advancement of education and to help with any other charitable objectives at the discretion of the trustees.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet

Regulatory & Governance issues to consider:

This charity does not have a Conflict of Interests policy
There are only 2 trustees
The Board composition appears to be very static and has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £12,559,574 available, equivalent to 252 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
31/12/22		£3,099	£599	£2,500	£0	£12,560	£12,560	251.7	4
31/12/21		£434	£844	£-410	n/a	n/a	n/a	n/a	n/a
31/12/20		£872	£475	£397	£0	£10,008	£10,008	252.8	2
31/12/19		£2,035	£686	£1,349	£0	£11,265	£11,265	197	3
31/12/18	*	£1,299	£507	£792	£0	£8,178	£8,178	193.7	0
31/12/17		£630	£344	£286	£0	£7,051	£7,051	245.7	0
31/12/16		£413	£337	£76	£0	£0	£0	n/a	0
31/12/15		£639	£204	£436	£4	£5,115	£5,115	301.5	0
31/12/14		£1,067	£182	£885	£2	£4,505	£4,505	296.4	0
31/12/13		£477	£108	£369	£0	£0	£0	n/a	0
31/12/12		£683	£99	£585	£2	£2,765	£2,765	335.9	0
31/12/11		£955	£124	£831	£-1	£2,122	£2,122	204.7	0
31/12/10		£791	£55	£736	£1	£1,254	£1,254	276.1	0
31/12/09	*	£222	£32	£190	£0	£0	£0	n/a	0
31/12/08		£354	£38	£315	£0	£0	£0	n/a	0
31/12/07	*	£59	£46	£13	£0	£0	£0	n/a	0

Show more rows -->

Show financials table -->

Download accounts

Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 4%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 251.7 months
Net Current Assets/Spending: 11 months
Quick Ratio: 3.7

Asset Split ?

Established: 17 years

02079254900

Charity Commission for England and Wales

Listed activities

Education/Training
General Charitable Purposes
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
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (2)

Current Trustees appointed

Age Range of Trustees: 53-61

AMJAD ADNAN NUREDDIN BSEISU (Chair) Appointed: 2006, Occupation: Chief Executive Officer, Enquest, Other trusteeship: ALFANAR,

SUHA RIAD TAWFIQ BSEISU Appointed: 2006, Occupation: Housewife

Legal constitution

Charitable company registered in England & Wales on 26/03/2007, number: 1118545
Registered at Companies House on 04/12/2006, number: 06018191

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Investment
Risk management

Filing Record

16 returns made; AR18: 22 days late, AR09: 11 days late, AR07: 119 days late,

Main office

5th Floor, Cunard House
15 Regent Street
LONDON
SW1Y 4LR

Objectives

TO FURTHER SUCH EXCLUSIVELY CHARITABLE OBJECTS AS THE DIRECTORS IN THEIR ABSOLUTE DISCRETION THINK FIT BUT TO INCLUDE THE FOLLOWING:(1) THE ADVANCEMENT OF EDUCATION BY ANY OR ALL OF THE FOLLOWING MEANS:(A) ESTABLISHING AND SUPPORTING SCHOOLS, UNIVERSITIES AND OTHER EDUCATIONAL FACILITIES.(B) COMMISSIONING, SUPPORTING OR PROMOTING RESEARCH AND PUBLISHING IN ANY MEDIA THE RESULTS OF THAT RESEARCH OR ANY OTHER EDUCATIONAL MATERIALS.(C) ORGANISING CONFERENCES.(D) PROVIDING SCHOLARSHIPS FOR SCHOOLS AND UNIVERSITIES IN PARTICULAR TO SUPPORT UNDERPRIVILEGED CHILDREN TO PURSUE EDUCATION.(2) THE RELIEF OF POVERTY AND SICKNESS.(3) THE PROMOTION OF KNOWLEDGE AND MUTUAL UNDERSTANDING BETWEEN DIFFERENT RACIAL GROUPS.

Defined Area of Benefit:

NOT DEFINED IN PRACTICE WORLDWIDE

Data Sources