PENNY APPEAL

Charity number: 1128341
Charity reporting is up to date (on time)

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

Charitable expenditure

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.

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
Who the charity helps:
  • Children/young People
  • Elderly/old People
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • 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

Registration history:
  • 02 March 2009: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
Land and property:
This charity owns and/or leases land or property

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
Mohammed Jahangir Chair 16 November 2020
None on record
Mohammed Khizar Trustee 13 November 2024
Sufi Abdullah Foundation
Received: On time
Mohammed Junaid Akhtar Trustee 13 November 2024
BIRMINGHAM VOLUNTARY SERVICE COUNCIL
Received: On time
Huma Shamas Trustee 13 November 2024
None on record
Umber Farooque Sheraz Trustee 16 November 2020
None on record
ADEEM YOUNIS Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 30/04/2020 30/04/2021 31/12/2021 31/12/2022 31/12/2023
Total gross income £31.50m £28.68m £16.19m £23.09m £22.43m
Total expenditure £30.91m £23.29m £17.16m £22.12m £23.82m
Income from government contracts N/A N/A N/A N/A N/A
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
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £16.17m £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £14.07k £30.57k £19.07k £260.96k £288.15k
Income - Other £0 £2.62m £0 £2.19m £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £25.13m £19.99m £13.12m £15.27m £17.30m
Expenditure - Raising funds £5.20m £3.29m £4.04m £6.85m £6.51m
Expenditure - Governance £255.86k £271.72k £225.13k £482.98k £689.70k
Expenditure - Grants institution £12.49m £12.26m £7.02m £6.57m £8.28m
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £576.61k £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

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 Investments

Investments 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.

Other assets

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 liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These 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.

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Asset / Liability 30/04/2020 30/04/2021 31/12/2021 31/12/2022 31/12/2023
Own use assets £2.59m £2.60m £3.27m £1.73m £1.55m
Long-term investments £0 £0 £0 £3.00m £3.00m
Other assets £2.74m £7.06m £4.84m £5.01m £4.54m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £2.34m £1.28m £693.53k £1.07m £1.80m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
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
Submit annual return Open in new window

Contact information

Address:
Penny Appeal Campus
Thornes Park
WAKEFIELD
West Yorkshire
WF2 8QZ
Phone:
03000111111