ANJUMAN-E-SAIFEE (LEICESTER)
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased to £436,196, which the trustees consider adequate to meet ongoing overheads. The charity reported a net income of £48,997 for the year, with total income of £396,869 against charitable expenditure of £347,872. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves policy is to hold funds to enable the Trust to carry out its operations and at an adequate level to meet its objectives. This provides for sufficient funds to be available for all management and administrative costs as well as ensuring adequate funds continue to be available for the costs of the Trust's charitable activities.” — page 7
“During the year salaried remuneration was paid to Trustees or their immediate family amounting to £1,320 (2022 : £1,320). During the year two of the trustees immediate family and Trustee were reimbursed for general expenses incurred by the Charity amounting to £3,170 ( 2022 : £5,412)” — page 18
“At the balance sheet date the amount due to Saifee Foundation of Europe was £60,000 (2022 - £70,000).” — page 22
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Husain Mukarram Asgerally
- Hussein Esmail
- Huzefa Abizer Husami
- Kezar Jivanji
- MR OR MULLA Aziz Mohamedali Sulemanji
- MR OR MULLA MUSTAFA NABEE
- MR OR SHAIKH IBRAHIM SHAIKH
- SHABBIR IBRAHIM SHEIKH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £937k | £347k |
| 31/12/2023 | £370k | £348k |
| 31/12/2022 | £528k | £680k |
| 31/12/2021 | £1.3m | £4.4m |
| 31/12/2020 | £496k | £345k |
Common questions
Is ANJUMAN-E-SAIFEE (LEICESTER) financially healthy?
The accounts state that unrestricted reserves increased to £436,196, which the trustees consider adequate to meet ongoing overheads. The charity reported a net income of £48,997 for the year, with total income of £396,869 against charitable expenditure of £347,872. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Tahas & Co Ltd.
Who funds ANJUMAN-E-SAIFEE (LEICESTER)?
Funders whose own accounts filings name ANJUMAN-E-SAIFEE (LEICESTER) as a grant recipient include DAWAT-E-HADIYAH TRUST (UNITED KINGDOM), THE SAIFEE FOUNDATION OF EUROPE.
Known funders
| Funder | Year | Amount |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | FY2021 | £614k |
| THE SAIFEE FOUNDATION OF EUROPE | FY2024 | £501k |
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | FY2024 | £3k |
| THE SAIFEE FOUNDATION OF EUROPE | FY2021 | £786 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZAIMAH | 1 | £150 |