AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £11,442,038 against outgoing resources of £10,331,844, resulting in a net income of £1,110,194. The charity holds total funds of £9,241,153, comprising £5,177,212 in unrestricted funds and £4,063,941 in restricted funds. The trustees are satisfied that the charity's activities have met their objectives and that the financial position at the year end is sound.
What the accounts disclose
“As the work continues, the trustees have decided to continue to maintain a reasonable surplus which covers a significant part of annual expenditure.”
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- ABDUL RAZZAQ SAJIDchair
- RIZWANA LATIF
- RUBINA KHAWAJA
- SHAMAMA SHAHID LATEEF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £11.4m | £10.3m |
| 31/10/2023 | £9.1m | £7.5m |
| 31/10/2022 | £8.7m | £5.9m |
| 31/10/2021 | £7.4m | £5.2m |
| 31/10/2020 | £4.4m | £3.2m |
Common questions
Is AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD financially healthy?
The accounts state that total incoming resources were £11,442,038 against outgoing resources of £10,331,844, resulting in a net income of £1,110,194. The charity holds total funds of £9,241,153, comprising £5,177,212 in unrestricted funds and £4,063,941 in restricted funds. The trustees are satisfied that the charity's activities have met their objectives and that the financial position at the year end is sound. Its FY2024 accounts were audited by K K Associates.