MADINA TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £129,816 for the year ended 31 March 2024, driven by total income of £135,867 against expenditure of £6,051. Total unrestricted funds carried forward increased to £2,063,609, with the trustees confirming adequate resources to continue operations. The significant increase in surplus was attributed to administrative difficulties in processing applications in the prior year.
What the accounts disclose
“The trustees consider that the endowment funds held are sufficient to continue the charities activity in future years.” — page 5
Trustees
- Dr ZAHID ALI PARVEZ
- Emma Hassan
- FAROOQ SALMAN MURAD
- IMRAN HASSAN
- Nadeem Hassan
- Omer Farooq Ali
- SHAHNAZ HASSAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £120k | £87k |
| 31/03/2024 | £136k | £6k |
| 31/03/2023 | £132k | £68k |
| 31/03/2022 | £137k | £56k |
| 31/03/2021 | £118k | £58k |
Common questions
Is MADINA TRUST financially healthy?
The accounts state that the charity reported a net surplus of £129,816 for the year ended 31 March 2024, driven by total income of £135,867 against expenditure of £6,051. Total unrestricted funds carried forward increased to £2,063,609, with the trustees confirming adequate resources to continue operations. The significant increase in surplus was attributed to administrative difficulties in processing applications in the prior year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £412k |
| ANJUMAN-E-JAMALI (BRADFORD) | 1 | £280k |
| ANJUMAN-E-ZAINEE (CROYDON) | 1 | £112k |
| ANJUMAN-E-SAIFEE (LEICESTER) | 1 | £63k |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £34k |