ABU BAKR AND ZAKERIYA MEMORIAL CHARITABLE TRUST
To relieve persons, whether or not they are resident or temporarily located in Uganda, United Kingdom, India or any other countries agreed by the Trustees, but in particular widows and children who are in conditions of need, hardship or distress as a result of local, national or international disaster or by reason of their social and economic circumstances,To further the education of students.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £718,902 to £662,717 due to net expenditure exceeding income. The charity holds tangible fixed assets valued at £290,783 and has no stated reserves policy target. The independent examiner confirmed that no material matters came to attention during the examination.
What the accounts disclose
“Included within other debtors are the following amounts due to the charity from related parties: 1). Lomax Ventures Limited owed the charity £145,000 (2024: £145,000). Mr N H Karbani is a director and shareholder of this company.” — page 12
“2). Akin Investments Limited owed the charity £182,500 (2024: £225,000). Mr N H Karbani is a director and shareholder of this company.” — page 12
“Included within other debtors are the following amounts due to the charity from related parties: 1). Lomax Ventures Limited owed the charity £145,000 (2024: £145,000). Mr N H Karbani is a director and shareholder of this company.” — page 12
“2). Akin Investments Limited owed the charity £182,500 (2024: £225,000). Mr N H Karbani is a director and shareholder of this company.” — page 12
Trustees
- NASIMUL HAQUE KARBANI
- ZARINA KARBANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £92k | £148k |
| 05/04/2024 | £116k | £162k |
| 05/04/2023 | £180k | £116k |
| 05/04/2022 | £126k | £123k |
| 05/04/2021 | £213k | £133k |
Common questions
Is ABU BAKR AND ZAKERIYA MEMORIAL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds decreased from £718,902 to £662,717 due to net expenditure exceeding income. The charity holds tangible fixed assets valued at £290,783 and has no stated reserves policy target. The independent examiner confirmed that no material matters came to attention during the examination. Its FY2025 accounts were independently examined.