KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
We provide Education/Training, Accommodation/Housing and Religious activities
Objects
3. THE OBJECTS OF THE CHARITY ARE THE ADVANCEMENT AND PRESERVATION OF ISLAM IN ACCORDANCE WITH THE DOCTRINES OF THE SHIA ITHNA-ASHERI JAFARI FAITH AND IN PARTICULAR (BUT NOT EXCLUSIVELY) TO:(I) ARRANGE, PROVIDE AND PROPAGATE RELIGIOUS, SOCIO-ECONOMIC FUNCTIONS, RELIGIOUS AND SECULAR EDUCATION;(II) PERFORM MARRIAGE CEREMONIES AND BURIAL RITES IN ACCORDANCE WITH THE SHIA ITHNA-ASHERI JAFARI FAITH;(III) CO-ORDINATE AND UNIFY THE CUSTOMS, CONVENTIONS AND OBSERVANCES OF THE SHIA ITHNA-ASHERI JAFARI FAITH;(IV) WORK IN HARMONY WITH OTHER SHIA ITHNA-ASHERI MUSLIM COMMUNITIES AND OTHER CHARITABLE ORGANISATIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity made a net surplus of £131,576 for the year, reversing a significant deficit from the previous period. Unrestricted reserves increased to £2,998,232, which the trustees consider to be within their stated policy target of three to six months' expenditure. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Rental Income from investment properties 264,853” — page 31
“Costs of raising donations and legacies 246,540”
“It is the policy of the Income Funds that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 7
“The management of residential investment properties is undertaken by Khoja Shia lthna-Asheri Muslim Community (Jaafery) Limited ("Jaafery"), the wholly owned subsidiary of the charitable company.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Murtaza Masterchair
- Dr Mubarakali Nisarhussein Janmohamed
- Hasnain Gulamabbas Abdulrasul Bandali
- Ismat Anis Ramji
- MOHAMED ARIF RIZWAN RAILEY
- Mujtaba Asgarali Virani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £703k | £571k |
| 31/12/2024 | £681k | £550k |
| 31/12/2023 | £643k | £557k |
| 31/12/2022 | £447k | £402k |
| 31/12/2021 | £437k | £281k |
Common questions
Is KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a net surplus of £131,576 for the year, reversing a significant deficit from the previous period. Unrestricted reserves increased to £2,998,232, which the trustees consider to be within their stated policy target of three to six months' expenditure. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Brian Paul Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IHELP GLOBAL | 1 | £24k |
Charities like this
- MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER
- ANJUMAN-UL-MUSLIMEEN LTD
- LITTLEHAMPTON MUSLIM TRUST
- ISLAMIC ASSOCIATION OF NORTH LONDON
- BOW MUSLIM COMMUNITY CENTRE
- 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 |
|---|---|---|---|---|---|---|
| KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED | £703k | — | 0 | within | 34.9% | no doubt |
| MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER | £1.0m | — | 0 | above | — | no doubt |
| ANJUMAN-UL-MUSLIMEEN LTD | £265k | — | 0 | above | — | no doubt |
| LITTLEHAMPTON MUSLIM TRUST | £253k | — | 0 | unclear | — | no doubt |
| ISLAMIC ASSOCIATION OF NORTH LONDON | £1.5m | — | 0 | unclear | — | no doubt |
| BOW MUSLIM COMMUNITY CENTRE | £183k | — | 0 | above | — | no doubt |