AGOY CHARITABLE TRUST
The objects of the charity are the advancement of the Islamic religion, to advance academic education and to relieve poverty worldwide as a result of natural disasters.
Objects
1. TO ADVANCE THE ISLAMIC RELIGION IN ACCORDANCE WITH THE TEACHINGS OF THE HOLY QURAN AND THE SUNNAH OF THE PROPHET MUHAMMED (MBPU) AND TO ADVANCE ENGLISH, URDU, GUJRATI AND OTHER ACADEMIC EDUCATION.2. TO RELIEVE POVERTY WORLDWIDE AS A RESULT OF NATURAL DISASTERS.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a deficit of £34,618 for the year ended 28 February 2025, compared to a surplus of £26,984 in the previous year. Per the balance sheet, net assets stood at £10,987, derived from accumulated funds of £45,605 reduced by the current year's deficit. The trustees maintain a reserves policy aiming to ensure sufficient funds are maintained to carry out activities.
What the accounts disclose
“The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out its activities.” — page 3
Policies the charity declares
- Internal charity financial controls policy and procedures
- Risk management
Trustees
- FEROZ ABDUL OMARJI
- FIAZ ABDUL GAFAR OMARJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £45k | £80k |
| 29/02/2024 | £113k | £86k |
| 28/02/2023 | £29k | £42k |
| 28/02/2022 | £20k | £44k |
| 28/02/2021 | £55k | £19k |
Common questions
Is AGOY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a deficit of £34,618 for the year ended 28 February 2025, compared to a surplus of £26,984 in the previous year. Per the balance sheet, net assets stood at £10,987, derived from accumulated funds of £45,605 reduced by the current year's deficit. The trustees maintain a reserves policy aiming to ensure sufficient funds are maintained to carry out activities. Its FY2025 accounts were independently examined.