Charity Accounts Intelreading the accounts so you don’t have to

WISE

Registered charity 1001136 · accounts filings on the Charity Commission register · also known as AL-ISLAM MUSLIM CIRCLE, WISE Welfare, WYCOMBE ISLAMIC SOCIETY

Latest income
£853k
Latest spending
£726k
Registered
1991
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £127,109 for the year ended 31 October 2024, with total funds increasing to £3,004,541. The trustees consider unrestricted reserves of £50,000 to be sufficient to maintain activities for at least six months, and confirm there are no material uncertainties regarding the charity's ability to continue operating.

What the accounts disclose

Highest-paid employee band: Under £60,000 — below the median for charities its size (£60k)
“No employee received employee benefits of more than £60,000 during the year.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: six months of unrestricted expenditure (held: £2.2m)
“Reserves of £50,000 are considered sufficient to maintain the activities of the charity for at least 6 months.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/10/2024)

Total income
£853k
Total spending
£726k
Cost of raising funds
£711
Reserves (reported)
£50k
Employees
2

Reported reserves equal ~0.8 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bangladesh · Bosnia And Herzegovina · Buckinghamshire · Burma · Egypt · India · Malawi · Morocco · Nigeria · Occupied Palestinian Territories · Pakistan · Slovakia

Income and spending

Financial year endIncomeSpending
31/10/2024£853k£726k
31/10/2023£751k£624k
31/10/2022£722k£644k
31/10/2021£538k£389k
31/10/2020£313k£299k

Common questions

Is WISE financially healthy?

The accounts state that the charity reported a net surplus of £127,109 for the year ended 31 October 2024, with total funds increasing to £3,004,541. The trustees consider unrestricted reserves of £50,000 to be sufficient to maintain activities for at least six months, and confirm there are no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were independently examined.

What does the highest-paid employee of WISE earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
WISDOM HOSPICE SUPPORT1£90k
THE THOMAS J HORNE MEMORIAL TRUST1£8k
THE WILLIE AND MABEL MORRIS CHARITABLE TRUST1£500

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