PENNY APPEAL
Charity overview
Activities - how the charity spends its money
Penny Appeal provides poverty relief across Asia, the Middle East and Africa, with dedicated programmes to help the poor and needy by building wells, caring for orphans, providing nutritious food, delivering emergency aid in response to crisis situations and providing healthcare. Penny Appeal also works in the UK to help homeless people and women who have experienced domestic abuse.
Income and expenditure
Data for financial year ending 31 December 2023
Total income:
£22,429,858
Donations and legacies | £22.14m | |
Charitable activities | £0 | |
Other trading activities | £0 | |
Investments | £288.15k | |
Other | £0 |
Total expenditure:
£23,816,643
Raising funds | £6.51m | |
Charitable activities | £17.30m | |
Other | £0 |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
Raising funds and other expenditure | £6.51m | |
Charitable expenditure | £17.30m |
People
90 Employee(s)
6 Trustee(s)
40 Volunteer(s)
Employees with total benefits over £60,000
Number of employees | |
---|---|
£60k to £70k | 2 |
£90k to £100k | 3 |
£100k to £110k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- General Charitable Purposes
- Education/training
- The Advancement Of Health Or Saving Of Lives
- The Prevention Or Relief Of Poverty
- Overseas Aid/famine Relief
- Children/young People
- Elderly/old People
- Makes Grants To Organisations
- Throughout England And Wales
- Afghanistan
- Australia
- Azerbaijan
- Bangladesh
- Bosnia And Herzegovina
- Burma
- Cameroon
- Central African Republic
- Djibouti
- Eritrea
- Ethiopia
- Greece
- Guinea
- Guinea-bissau
- India
- Indonesia
- Iraq
- Israel
- Kenya
- Lebanon
- Mali
- Mauritania
- Nepal
- Niger
- Nigeria
- Occupied Palestinian Territories
- Pakistan
- Rwanda
- Senegal
- Sierra Leone
- Somalia
- South Africa
- Sri Lanka
- Sudan
- Syria
- Tanzania
- The Gambia
- Turkey
- United Arab Emirates
- United States
- Yemen
Governance
- 02 March 2009: Standard registration
No other names
- Bullying and harassment 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
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
6 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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Mohammed Jahangir | Chair | 16 November 2020 |
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Mohammed Khizar | Trustee | 13 November 2024 |
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Mohammed Junaid Akhtar | Trustee | 13 November 2024 |
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Huma Shamas | Trustee | 13 November 2024 |
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Umber Farooque Sheraz | Trustee | 16 November 2020 |
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ADEEM YOUNIS | Trustee |
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Financial history
Financial period end date
Income / Expenditure | 30/04/2020 | 30/04/2021 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Total gross income | £31.50m | £28.68m | £16.19m | £23.09m | £22.43m | |
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Total expenditure | £30.91m | £23.29m | £17.16m | £22.12m | £23.82m | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | N/A | N/A | N/A | N/A | |
|
Income - Donations and legacies | £31.49m | £26.03m | £0 | £20.63m | £22.14m | |
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Income - Other trading activities | £0 | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £0 | £0 | £16.17m | £0 | £0 | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £14.07k | £30.57k | £19.07k | £260.96k | £288.15k | |
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Income - Other | £0 | £2.62m | £0 | £2.19m | £0 | |
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Income - Legacies | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Charitable activities | £25.13m | £19.99m | £13.12m | £15.27m | £17.30m | |
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Expenditure - Raising funds | £5.20m | £3.29m | £4.04m | £6.85m | £6.51m | |
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Expenditure - Governance | £255.86k | £271.72k | £225.13k | £482.98k | £689.70k | |
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Expenditure - Grants institution | £12.49m | £12.26m | £7.02m | £6.57m | £8.28m | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £576.61k | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
Asset / Liability | 30/04/2020 | 30/04/2021 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Own use assets | £2.59m | £2.60m | £3.27m | £1.73m | £1.55m | |
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Long-term investments | £0 | £0 | £0 | £3.00m | £3.00m | |
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Other assets | £2.74m | £7.06m | £4.84m | £5.01m | £4.54m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £2.34m | £1.28m | £693.53k | £1.07m | £1.80m |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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Annual return | 31 December 2023 | 31 October 2024 | On Time | |
Accounts and TAR | 31 December 2023 | 31 October 2024 | On Time | Download Open in new window |
Annual return | 31 December 2022 | 31 October 2023 | On Time | |
Accounts and TAR | 31 December 2022 | 31 October 2023 | On Time | Download Open in new window |
Annual return | 31 December 2021 | 31 October 2022 | On Time | |
Accounts and TAR | 31 December 2021 | 31 October 2022 | On Time | Download Open in new window |
Annual return | 30 April 2021 | 28 February 2022 | On Time | |
Accounts and TAR | 30 April 2021 | 28 February 2022 | On Time | Download Open in new window |
Annual return | 30 April 2020 | 20 January 2021 | On Time | |
Accounts and TAR | 30 April 2020 | 20 January 2021 | On Time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES INCORPORATED 28/04/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/01/2009 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 11/01/2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 10 NOV 2017 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19 JUN 2023
Charitable objects
(1) TO PREVENT AND/OR RELIEVE POVERTY BY PROVIDING HUMANITARIAN ASSISTANCE AND OTHER MEANS: TO ADVANCE AND PROMOTE EDUCATION. (2) THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER (3) TO DEVELOP THE CAPACITY AND SKILLS OF MEMBERS OF THE SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES. (4) TO PROMOTE HUMAN RIGHTS (5) TO PROMOTE SUBSTAINABLE DEVELOPMENT (6) TO BENEFIT THE RESIDENTS IN LOCALITIES WHICH THE CHARITY CARRIES OUT ITS CHARITABLE OBJECTIVES (7) TO PROVIDE OR ASSIST IN THE PROVISION FACILITIES IN THE INTEREST OF SOCIAL WELFARE (8) THE PROMOTION OF RELIGIOUS HARMONY FOR THE PUBLIC BENEFIT (9) TO PROMOTE SOCIAL INCLUSION (10) TO HELP YOUNG PEOPLE (11) TO PROMOTE SUCH OTHER CHARITABLE PURPOSES AS MAY FORM TIME TO TIME BE DETERMINED AND AGREED BY THE TRUSTEES
Area of benefit
JEHLUM DISTRICT, PAKISTAN
Contact information
- Address:
-
Penny Appeal Campus
Thornes Park
WAKEFIELD
West Yorkshire
WF2 8QZ
- Phone:
- 03000111111
- Email:
- info@pennyappeal.org
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