Causes
 X
Resources
 X
User Services
 X
home >> charity search >> the bestway foundation
Finance Score: -2
Governance Score: -1
Support Score: 0
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Large legacies income: +2
  • Multiple Deficits: -2
  • No conflicts policy: -1
  • No supporters identified
Overall GiG Score: -3 ?

THE BESTWAY FOUNDATION

Providing scholarships/grants to University students of South Asian origin both in the UK and overseas.The relief of sickness and the preservation of health both in the UK and in South Asia by way of grants to hospitals, medical research establishments, by building, new hospitals, or in such other manner as the Trustees shall in their absolute discretion decide.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • This charity has received more than half of its income from legacies in recent years

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • This charity does not have a Conflict of Interests policy

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £4,015,157 available, equivalent to 110 months of spending and so may not be able to utilise additional funding
  • 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 £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
30/06/23£702£438£263£0£4,447£4,015109.900
30/06/22£22£1,281£-1,259n/an/an/an/an/an/a
30/06/21£49£354£-305n/an/an/an/an/an/a
30/06/20£238£412£-174n/an/an/an/an/an/a
30/06/19£226£483£-257n/an/an/an/an/an/a
30/06/18£409£401£8n/an/an/an/an/an/a
30/06/17£363£423£-60n/an/an/an/an/an/a
30/06/16£252£445£-193n/an/an/an/an/an/a
30/06/15£907£1,533£-627£7£6,383£6,3835000
30/06/14£648£416£233£16£7,035£7,035203.100
30/06/13£737£438£300£12£6,755£6,755185.100
30/06/12£822£682£140£0£5,766£5,766101.500
30/06/11£991£486£505£0£6,205£6,205153.100
30/06/10£886£502£384£0£5,482£5,48213100
30/06/09£972£348£624£0£4,842£4,842166.900
30/06/08£980£501£479£0£4,414£4,414105.800
30/06/07*£931£564£367£0£4,155£4,15588.400
30/06/06£786£762£24n/an/an/an/an/an/a
30/06/05£506£204£301n/an/an/an/an/an/a
30/06/04*£742£846£-104n/an/an/an/an/an/a
Show more rows -->

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: 5%
Unrestricted Funds/Total Funds: 90%
Reserves/Spending: 109.9 months
Net Current Assets/Spending: 122 months
Quick Ratio: 118.1
Asset Split ?
Balance Sheet History
Established: 37 years

hhttp://www.bestwaygroup.co.uk/page/bestway-f

bestway.foundation@bestway.co.uk

02084531234

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Disability
  • Education/Training
  • Overseas Aid/Famine Relief
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Medical research
How it operates
  • Makes grants to individuals
  • Makes grants to organisations
Where it operates
  • Bangladesh, India, Northern Ireland, Pakistan, Scotland, Sri Lanka,
Who it helps
  • People Of A Particular Ethnic Or Racial Origin

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)
Current Trustees appointed

  • DAWOOD PERVEZ Appointed: 2013
  • LORD ZAMEER MOHAMMED CHOUDREY CBE SI PK Appointed: 1987
  • M Y SHEIKH Appointed: 1987
  • RIZWAN PERVEZ Appointed: 2013
  • SIR ANWAR PERVEZ (Chair) Appointed: 1987
  • THE HONOURABLE HAIDER ZAMEER CHOUDREY Appointed: 2021
Legal constitution
  • Charity registered in England & Wales on 09/07/1987, number: 297178
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
There are no Policies registered with the Charities Commission
Filing Record
20 returns made; AR07: 0 days late, AR04: 8 days late,
Main office

BESTWAY FOUNDATION
2 ABBEY ROAD
LONDON
NW10 7BW

Objectives

THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT IN BOTH THE UK AND OVERSEAS BY PROVIDING ASSISTANCE BY WAY OF GRANTS, ENDOWMENTS, SCHOLARSHIPS, LOANS OR OTHERWISE.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales

Tips for Selecting Charities

Which areas of philanthropy are most effective?
 The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
 Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
 In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Watch Inspiring Videos

Save the upside down forest
Change the ending - the pain of Alzheimers
Help Dads in prison stay in touch with their children
Giving is Great
Share
Copy Link
×