M Z AND K Z SHAH FOUNDATION
The charity supports communities worldwide, directly or in partnership with other like minded registered charities and voluntary bodies, by providing relief to the poor, disabled, sick, and elderly; advancing education; developing land and buildings, including educational and recreational facilities for public benefit; and offering aid to victims of natural or manmade disasters.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £435,224, an increase from the previous year's £391,402. The trustees report that the charity has adequate procedures to mitigate risks and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The administration of the Charity is carried out from the home of Mr Mukesh Shah, one of the trustees, at no charge.” — page 3
Trustees
- MUKESH SHAH MBEchair
- KIRAN SHAH
- Ninna Mukesh Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £141k | £97k |
| 31/12/2023 | £278k | £138k |
| 31/12/2022 | £119k | £123k |
| 31/12/2021 | £410k | £367k |
| 31/12/2020 | £223k | £176k |
Common questions
Is M Z AND K Z SHAH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £435,224, an increase from the previous year's £391,402. The trustees report that the charity has adequate procedures to mitigate risks and no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PRISM THE GIFT FUND | 1 | £664k |
| GIVE A GIFT | 1 | £10k |
Charities like this
- ABU ZAHRA FOUNDATION
- SHAHID AFRIDI FOUNDATION (UK)
- MIRZA SHARIF AHMAD FOUNDATION
- AL-MAHMOOD FOUNDATION
- ZOUQ FOUNDATION
- NATIONAL ZAKAT FOUNDATION (NZF)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| M Z AND K Z SHAH FOUNDATION | £141k | — | 0 | unclear | — | no doubt |
| ABU ZAHRA FOUNDATION | £1.9m | — | 0 | unclear | — | no doubt |
| SHAHID AFRIDI FOUNDATION (UK) | £558k | — | — | unclear | — | no doubt |
| MIRZA SHARIF AHMAD FOUNDATION | £1.0m | — | 0 | unclear | — | noted |
| AL-MAHMOOD FOUNDATION | £202k | — | 0 | unclear | — | noted |
| ZOUQ FOUNDATION | £600k | — | 0 | unclear | — | no doubt |