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up-to-date

Data for financial year ending 31 March 2019

Read Foundation

  • Income

    £3.1M

  • Spending

    £3.5M

  • Status

    Up-to-date

Charity no. 1160256 Company no. 09195667

Contact details

Public address

  • Read Foundation, Victoria Court, 376 Wilmslow Road, Manchester, M14 6AX

Aims & activities

READ FOUNDATION CHANGED ITS LEGAL STRUCTURE FROM A TRUST TO A CHARITABLE COMPANY, NO:1160256. HISTORICAL INFORMATION IS AVAILABLE UNDER THE PREVIOUS CHARITY NUMBER: 1114808. READ Foundation builds purpose built schools to provide quality education for poor and rural communities. It sponsors orphans & needy children to gain the skills needed to help themselves out of poverty.

What the charity does

  • General charitable purposes
  • Education/training
  • The prevention or relief of poverty

Who the charity helps

  • The general public/mankind

How the charity works

  • Provides human resources
  • Provides services

Income and Endowments:

£3.1M

Expenditure:

£3.5M

Assets and liabilities

  • £5.9K Own use assets
  • £0.0K Long term investments
  • £0.0K Defined benefit pension scheme asset or liability
  • £1.2M Other assets
  • £797.6K Total liabilities
Financial history
Compliance history

Fundraising

Raises funds from the Public

Gift aid

Recognised by HMRC for gift aid

Charitable spending ratios

84%
27%
0%

Charitable objects

1.1 FOR PUBLIC BENEFIT TO PROMOTE THE EDUCATION INCLUDING SOCIAL, MORAL AND PHYSICAL TRAINING OF PEOPLE OF ANY AGE ANYWHERE IN THE WORLD IN SUCH WAYS AS THE ORGANISATION THINKS FIT INCLUDING BUT NOT LIMITED TO BY THE ESTABLISHMENT, MAINTENANCE AND ASSISTANCE OF SCHOOLS, COLLEGES AND OTHER INSTITUTIONS; 1.2 THE PREVENTION OR THE RELIEF OF POVERTY ANYWHERE IN THE WORLD BY PROVIDING GRANTS, ITEMS AND SERVICES TO THE INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY; 1.3 RELIEF OF FINANCIAL NEED AND SUFFERING AMONGST VICTIMS OF NATURAL OR OTHER KINDS OF DISASTERS IN THE FORM OF MONEY OR OTHER MEANS DEEMED SUITABLE FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES AFFECTED, INCLUDING THE PROVISION OF MEDICAL AID.

Governing document

MEMORANDUM AND ARTICLES INCORPORATED 30 AUG 2014

Area of benefit

Anywhere In The World

Organisation type

Standard registration

Policies

Risk management
Safeguarding vulnerable beneficiaries
Conflicts of interest
Volunteer management
Complaints handling
Paying staff

Land And Property

This charity owns and/or leases land or property.

  • 6 Trustees
  • 13 Employees
  • 30 Volunteers

Trustee board

Trustee Other trusteeships Charity status
Asif Ansari None on record
Haroon Rashid Hafsa Foundation Up-to-date
Igive Up-to-date
Quranic Arabic Foundation Up-to-date
Dr Yaqub Hussain (Chair) None on record
Rizwan Rashid Igive Up-to-date
Dr Usman Choudry None on record
Sarah Salam None on record

Areas of operation

List of regions

  • Afghanistan
  • Bangladesh
  • Lebanon
  • Pakistan
  • The Gambia