SMA Interfaith
WOMEN'S EMPOWERMENT, YOUTH DEVELOPMENT, EDUCATION, FAMILY FUN DAYS, COMMUNITY COHESION & FOOD BANKS.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £18,208.43 for the year ended 31 December 2024, with total income of £126,027.82 against expenditure of £107,819.39. The trustees' report indicates a policy of building up reserves for a permanent building when the need arises, though no specific monetary target or unrestricted reserves figure is disclosed in the provided text. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.
What the accounts disclose
“To further the charities aims & ambitions; as well as building up reserves for a permanent building, when the need arises.” — page 3
Trustees
- USMAN BOOTAchair
- ARSHAD MAHMOOD
- Khalida Mahmood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £126k | £108k |
| 31/12/2023 | £43k | £23k |
| 31/12/2022 | £44k | £15k |
| 31/12/2021 | £21k | £12k |
| 31/12/2020 | £39k | £8k |
Common questions
Is SMA Interfaith financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £18,208.43 for the year ended 31 December 2024, with total income of £126,027.82 against expenditure of £107,819.39. The trustees' report indicates a policy of building up reserves for a permanent building when the need arises, though no specific monetary target or unrestricted reserves figure is disclosed in the provided text. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/11/2020 | £5k | BAME - COVID SUPPORT |