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.
Objects
I. The provision of relief to the poor, the disabled, the sick and the elderly living in any part of the world.II. The advancement of education of people living in any part of the world.III. The provision of land and buildings including educational and recreational facilities for public use in any part of the worldIV. The provision of relief for victims of natural or manmade disasters of people living in any part of the world.
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
Policies the charity declares
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
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) | £425k | — | 0 | unclear | — | no doubt |
| MIRZA SHARIF AHMAD FOUNDATION | £1.0m | — | 0 | unclear | — | noted |
| AL-MAHMOOD FOUNDATION | £274k | — | 0 | unclear | — | noted |
| ZOUQ FOUNDATION | £600k | — | 0 | unclear | — | no doubt |