HASSANALI & JENNABAI VISRAM FOUNDATION (AKA H & J VISRAM FOUNDATION
To advance:- The religion of Islam for the benefit of the public and the education of the public by providing facilities. To assist in the care of persons suffering from illness of any description or in need of rehabilitation. The relief of hardship among people living or working anywhere by providing such persons with assistance.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £431,385, which the trustees consider sufficient to protect ongoing work and meet objectives. The charity reported a net income of £124,895 and held total funds of £997,570 at year-end. The trustees confirmed there are no significant factors affecting the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity received donations of £141,342 (2023: £44,347) and received investment income of £32,713 (2023: £30,842).” — page 3
“The level of free reserves as at 31 December 2024 was approximately £431,385 (2023: £309,581).” — page 5
“During the year, the Charity received donations of £122,342 (2023: £34,713) from various related entities. Mohamed Visram, Yasmin Somji and Kulsum Visram are trustees of the H & J Visram Foundation and are also directors/trustees of the donating entities.” — page 14
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- GEOFFREY NEWHOUSEchair
- Fatemah Bhanji
- Kulsum Visram
- MOHAMED ROSHANALI VISRAM
- SHAMIM MANJI
- YASMIN SOMJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £174k | £49k |
| 31/12/2023 | £75k | £85k |
| 31/12/2022 | £68k | £109k |
| 31/12/2021 | £158k | £126k |
| 31/12/2020 | £166k | £94k |
Common questions
Is HASSANALI & JENNABAI VISRAM FOUNDATION (AKA H & J VISRAM FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £431,385, which the trustees consider sufficient to protect ongoing work and meet objectives. The charity reported a net income of £124,895 and held total funds of £997,570 at year-end. The trustees confirmed there are no significant factors affecting the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £79k |
| IHELP GLOBAL | 1 | £24k |
Charities like this
- IMAM ALI FOUNDATION
- AL KHIDMAH FOUNDATION
- HUSSAINI ISLAMIC MISSION
- IMAM HUSSEIN CHARITY
- HUDA ACADEMY
- HAZRAT SULTAN BAHU TRUST (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HASSANALI & JENNABAI VISRAM FOUNDATION (AKA H & J VISRAM FOUNDATION | £174k | — | 0 | above | — | no doubt |
| IMAM ALI FOUNDATION | £836k | — | 0 | above | — | no doubt |
| AL KHIDMAH FOUNDATION | £164k | — | 0 | unclear | — | no doubt |
| HUSSAINI ISLAMIC MISSION | £126k | — | 0 | unclear | — | no doubt |
| IMAM HUSSEIN CHARITY | £615k | — | 0 | above | — | no doubt |
| HUDA ACADEMY | £530k | — | 0 | above | — | no doubt |