HA MEEM FOUNDATION
GENERAL EDUCATIONAL AND TUTORIAL ACTIVITIES
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £707,090, which the trustees report has decreased from the previous year due to relocation costs but remains within the stated policy target of six months' expenditure. The trustees confirm the charity has adequate resources to continue as a going concern, citing a strong asset base and cash reserves despite uncertain economic conditions.
What the accounts disclose
“Unrestricted funds were maintained at this level throughout the year and are regularly reviewed by the management. However, with the relocation to a new premise the funds have decreased in line with the increased cost of rent and advanced deposit.”
“The charity has provided an interest free loan of £29,310.00 to Ha Meem Foundation.”
Trustees
- DJAMEL AYACHI
- Dr RIZWAN SALEEM
- Faisal Majid
- Sayed Qadri
- Sheikh Mohd Faridz Sheikh Saleh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £496k | £402k |
| 31/03/2024 | £498k | £446k |
| 31/03/2023 | £412k | £342k |
| 31/03/2022 | £362k | £344k |
| 31/03/2021 | £477k | £416k |
Common questions
Is HA MEEM FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £707,090, which the trustees report has decreased from the previous year due to relocation costs but remains within the stated policy target of six months' expenditure. The trustees confirm the charity has adequate resources to continue as a going concern, citing a strong asset base and cash reserves despite uncertain economic conditions. Its FY2025 accounts were independently examined.