MERCY MISSION UK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £1,832,765 for the year ended 31 December 2024, with total unrestricted reserves standing at £1,244,260. The trustees consider the charity's financial position satisfactory and maintain reserves between three and six months of expenditure as per their stated policy. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity 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 8
Leadership, per the charity’s website
- Shahid Ikram — Chairman
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Sahira Dar
- Mohammed Saqub
- SULTAN CHOUDHURY
- Zainab Kidwai
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £23.5m | £21.7m |
| 31/12/2023 | £16.8m | £12.9m |
| 31/12/2022 | £12.8m | £10.9m |
| 31/12/2021 | £577k | £402k |
| 31/12/2020 | £228k | £157k |
Common questions
Is MERCY MISSION UK financially healthy?
The accounts state that the charity reported a net surplus of £1,832,765 for the year ended 31 December 2024, with total unrestricted reserves standing at £1,244,260. The trustees consider the charity's financial position satisfactory and maintain reserves between three and six months of expenditure as per their stated policy. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Pearlman Rose.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |