THE EDITH EVELYN WALI MOHAMMAD MEMORIAL FUND
The WMT gives grants to deserving students from Pakistan at Universities in the UK who are in need of funds to complete their course of study. The grants are restricted to science, medicine and technology.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total funds of £561,636, derived from an investment portfolio managed by Brown Shipley. The trustees report that there are no free reserves and the reserves policy is to spend annual income after administrative expenses on grants. The filing confirms the charity is prepared on a going concern basis with adequate cash resources for the next twelve months.
What the accounts disclose
“The charity does not hold any free reserves.” — page 5
Trustees
- DR MAQSOOD ALI SIDDIQI
- Dr Zahid Durrani
- Hasan Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £33k | £0 |
| 31/12/2023 | £14k | £0 |
| 31/12/2022 | £12k | £20k |
| 31/12/2021 | £7k | £78 |
| 31/12/2020 | £5k | £156 |
Common questions
Is THE EDITH EVELYN WALI MOHAMMAD MEMORIAL FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total funds of £561,636, derived from an investment portfolio managed by Brown Shipley. The trustees report that there are no free reserves and the reserves policy is to spend annual income after administrative expenses on grants. The filing confirms the charity is prepared on a going concern basis with adequate cash resources for the next twelve months. Its FY2024 accounts were independently examined.