THE SAID FOUNDATION

Charity number: 1125521
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Said Foundation's mission is to bring positive and lasting change to the lives of children, young people and the wider community through five related programmes: the Said Business School Programme; Humanitarian Programme; Scholarships Programme (financial support for people from the Levant to pursue higher education); Amal (funding Muslim arts and culture in the UK) and the Toucan Project.

Income and expenditure

Data for financial year ending 31 August 2024

Total income:
£4,895,000

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £1.03m
Charitable activities £0
Other trading activities £0
Investments £3.84m
Other £21.00k

Total expenditure:
£19,356,000

Text alternative for this canvas graphic is in the data table below.
Raising funds £1.72m
Charitable activities £17.63m
Other £0

-£3,326,000 investments gains (losses)

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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £1.72m
Charitable expenditure £17.63m

People

4 Employee(s)

9 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£100k to £110k 1

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
  • Arts/culture/heritage/science
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 14 August 2008: Standard registration
  • 27 March 2012: Funds received from 1137880 SYRIA HERITAGE FOUNDATION
Organisation type:
Charitable company
Other names:

No other names

Company number:
06621764 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
WAFIC RIDA SAID Chair
None on record
Nadine Zakaria Trustee 25 November 2015
None on record
SIR MICHAEL PEAT Trustee 02 May 2013
THE HINTZE FAMILY CHARITABLE FOUNDATION
Received: On time
JONATHAN AITKEN Trustee
CENTRE FOR CULTURAL WITNESS
Received: On time
KHALED SAID Trustee
QUINTESSENTIALLY FOUNDATION
Received: On time
ROSEMARY SAID Trustee
None on record
Dr Rasha Rida Said Trustee
None on record
LORD POWELL OF BAYSWATER Trustee
None on record
SIRINE IDILBY Trustee
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Total gross income £3.90m £3.86m £3.35m £8.88m £4.89m
Total expenditure £5.71m £4.82m £5.37m £8.48m £19.36m
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 £69.00k £132.00k £79.00k £5.09m £1.03m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.80m £3.62m £3.25m £3.77m £3.84m
Income - Other £34.00k £107.00k £22.00k £21.00k £21.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.78m £3.75m £3.54m £6.94m £17.63m
Expenditure - Raising funds £1.93m £1.06m £1.83m £1.54m £1.72m
Expenditure - Governance £83.00k £72.00k £89.00k £81.00k £74.00k
Expenditure - Grants institution £2.31m £2.14m £1.24m £5.56m £16.15m
Expenditure - Investment management £1.93m £524.00k £846.00k £624.00k £938.00k
Expenditure - Other £0 £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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/08/2020 31/08/2021 31/08/2022 31/08/2023 31/08/2024
Own use assets £0 £61.05m £866.00k £0 £0
Long-term investments £84.69m £19.54m £80.64m £67.21m £57.16m
Other assets £20.98m £18.56m £15.79m £15.73m £12.44m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £46.57m £45.97m £41.23m £39.79m £44.33m

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 August 2024 25 June 2025 On time
Accounts and TAR 31 August 2024 25 June 2025 On time
Annual return 31 August 2023 29 June 2024 On time
Accounts and TAR 31 August 2023 29 June 2024 On time
Annual return 31 August 2022 31 May 2023 On time
Accounts and TAR 31 August 2022 31 May 2023 On time
Annual return 31 August 2021 12 May 2022 On time
Accounts and TAR 31 August 2021 12 May 2022 On time
Annual return 31 August 2020 07 December 2020 On time
Accounts and TAR 31 August 2020 07 December 2020 On time
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 17 JUN 2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 07 AUG 2008 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 01 NOV 2017

Charitable objects

THE CHARITY IS ESTABLISHED TO ADVANCE ALL EXCLUSIVELY CHARITABLE PURPOSES IN ACCORDANCE WITH ENGLISH LAW FOR THE PUBLIC BENEFIT

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, NATIONAL AND OVERSEAS.

Contact information

Address:
College House
272 King's Road
Chelsea
London
Phone:
02075935420
Email:
admin@saidfoundation.org
Website:

www.saidfoundation.org Open in new window