MUSLIM CHARITY HELPING THE NEEDY
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £7.09 million, broadly similar to the previous year, with total expenditure on charitable activities and fundraising amounting to £7.15 million. The charity reports a net decrease in funds of £65,683 and holds total unrestricted and restricted reserves of £3.78 million, which exceeds its stated policy target of six months of fixed operating costs. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The UK Director of Muslim Charity: Helping the Needy, Mr M. G. Pirzada, was paid a remuneration of £28,000 in the current year. Mr M. G. Pirzada is the brother of the Chairman, Mr. B. H. Pirzada.” — page 75
“Muslim Charity: Helping The Needy has established TEAMMC LTD, a UK-registered trading subsidiary” — page 75
Structured financials (annual return, FY ending 31/10/2024)
Register events
- Received assets from another charity (13/10/2020)
Trustees
- BAKHTYAR HAIDER PIRZADAchair
- ALI QUDAR RAJA
- GHULAM FATIMA
- MOHAMMAD IMDAD HUSSAIN PIRZADA
- MOHAMMED YOUSAF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £7.1m | £7.2m |
| 31/10/2023 | £7.2m | £6.9m |
| 31/10/2022 | £7.5m | £6.0m |
| 31/10/2021 | £5.7m | £4.6m |
| 31/10/2020 | £4.1m | £3.6m |
Common questions
Is MUSLIM CHARITY HELPING THE NEEDY financially healthy?
The accounts state that total income for the year was £7.09 million, broadly similar to the previous year, with total expenditure on charitable activities and fundraising amounting to £7.15 million. The charity reports a net decrease in funds of £65,683 and holds total unrestricted and restricted reserves of £3.78 million, which exceeds its stated policy target of six months of fixed operating costs. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by KBM UK Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RANDEREE CHARITABLE TRUST | 2 | £40k |
| SHELTERBOX TRUST | 1 | £1.4m |
| PENNY APPEAL | 1 | £644k |
| THE CMA WELFARE TRUST | 1 | £296k |
| INTERNATIONAL RESCUE COMMITTEE, U.K | 1 | £287k |
| GIVE A GIFT | 1 | £139k |
| CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT | 1 | £96k |
| START NETWORK | 1 | £89k |