Finance Score: 0

Governance Score: -2

Support Score: 3

Low unrestricted reserves: -2
Strong growth: +2

Narrow trustee age band: -2

Gov Income
Overall weighted support: +3

Overall GiG Score: 1

ALFANAR

Alfanar assists organisations in the Arab region that are improving the lives and opportunities of the communities they serve. Alfanar's partners, who may be start up or more established organisations, take enduring and entrepreneurial approaches and are committed to finding diverse ways to generate income. Alfanar provides them with a combination of financial support, advice and expertise.

Analysis by Giving is Great

Positives:

The charity has received Government grants
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23		£2,453	£2,473	£-20	£327	£1,260	£530	2.6	22	12
31/12/22		£2,504	£2,053	£451	£519	£1,455	£689	4	20	7
31/12/21		£2,127	£1,961	£166	£279	£1,004	£247	1.5	10	8
31/12/20		£2,190	£1,825	£366	£280	£839	£231	1.5	9	4
31/12/19		£1,341	£1,477	£-136	£257	£473	£213	1.7	9	8
31/12/18		£1,478	£1,248	£230	£332	£609	£386	3.7	10	0
31/12/17		£960	£1,057	£-97	£160	£379	£277	3.1	14	0
31/12/16		£1,011	£1,354	£-343	£216	£476	£335	3	11	0
31/12/15	*	£1,085	£793	£291	£184	£819	£587	8.9	7	0
31/12/14		£806	£679	£127	£104	£528	£397	7	8	0
31/12/13		£721	£586	£136	£96	£400	£238	4.9	4	0
31/12/12		£445	£432	£13	n/a	n/a	n/a	n/a	n/a	n/a
31/12/11		£300	£360	£-60	n/a	n/a	n/a	n/a	n/a	n/a
31/12/10		£422	£231	£191	n/a	n/a	n/a	n/a	n/a	n/a
31/12/09		£192	£149	£43	n/a	n/a	n/a	n/a	n/a	n/a
31/12/08		£246	£278	£-32	n/a	n/a	n/a	n/a	n/a	n/a
31/12/07		£203	£156	£47	n/a	n/a	n/a	n/a	n/a	n/a
31/12/06		£68	£56	£12	n/a	n/a	n/a	n/a	n/a	n/a
31/12/05		£118	£91	£27	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 14%
Fundraising Costs/Total Spending: 13.2%
Senior Staff Costs/Total Spending: 12%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 11%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 42%
Reserves/Spending: 2.6 months
Net Current Assets/Spending: 6 months
Quick Ratio: 7.5

Asset Split ?

Balance Sheet History

Established: 20 years

www.alfanar.org.uk

info@alfanar.org.uk

02076088144

Charity Commission for England and Wales

Tweets

Listed activities

Economic/Community Development/Employment
Education/Training
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 organisations
Provides human resources

Where it operates

City Of London, Egypt, Jordan, Lebanon, Libya,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (9)

Current Trustees appointed

Age Range of Trustees: 52-69

AMJAD ADNAN NUREDDIN BSEISU Appointed: 2013, Occupation: Chief Executive Officer, Enquest

CYNTHIA OAKES Appointed: 2010, Occupation: Housewife

CHARLOTTE BOYLE Appointed: 2013, Occupation: Partner, The Zygos Partnership

HUSSAIN ALNOWAIS Appointed: 2021, Occupation: Company Director

JULIA MIDDLETON Appointed: 2005, Occupation: Company Director

LUBNA OLAYAN (Chair) Appointed: 2006, Occupation: C E O

MAYSA JALBOUT Appointed: 2020, Occupation: International Development Advisor

SAMIR ASSAF Appointed: 2019, Occupation: Banker

SHERIF FODA Appointed: 2015, Occupation: Group President, Production Schlumberger Limited

Legal constitution

Charitable company registered in England & Wales on 22/07/2004, number: 1105048
Registered at Companies House on 01/06/2004, number: 05141908

Gift Aid

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
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management 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
Volunteer management

Filing Record

19 returns made; AR15: 0 days late,

Main office

38 Artillery Lane
LONDON
E17LS

Objectives

a. the advancement of education and learning for the public benefit, and in particular to educate men and women and young people of all ages from a broad range of geographical, ethnic, social and economic backgrounds in the Arab world, to enable them to realise their full potential as individuals, within society as a whole; andb. the relief and prevention of poverty, in particular among socially and economically disadvantaged communities in countries in the Arab world by providing or assisting in the provision of education, training and other support designed to enable members of those communities to generate a sustainable income and be self-sufficient;provided always that nothing contained herein shall authorise or be deemed to authorise the carrying on of any activity for any purposes except those regarded as charitable by the laws of England and Wales.

Defined Area of Benefit:

OVERSEAS

Data Sources

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