ZOBIA NAZLEY MEMORIAL TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £371,004 and restricted reserves of £171,861, totaling net assets of £542,865 as of 31 December 2023. Per the trustees' report, the charity generated a surplus of £46,921 from incoming voluntary income of £72,030 against total expenditures of £25,109. The document does not disclose a specific reserves policy target for comparison.
What the accounts disclose
Trustees
- MOHAMMAD IQBALchair
- MOHAMMED SADDIQUE
- QAMAR-UL-HAQ QURESHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £118k | £34k |
| 31/12/2023 | £72k | £25k |
| 31/12/2022 | £83k | £23k |
| 31/12/2021 | £70k | £15k |
| 31/12/2020 | £75k | £29k |
Common questions
Is ZOBIA NAZLEY MEMORIAL TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £371,004 and restricted reserves of £171,861, totaling net assets of £542,865 as of 31 December 2023. Per the trustees' report, the charity generated a surplus of £46,921 from incoming voluntary income of £72,030 against total expenditures of £25,109. The document does not disclose a specific reserves policy target for comparison. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | 1 | £310k |
| WYCHDALE LIMITED | 1 | £258k |
| THE ABC TRUST | 1 | £50k |
| MERKAZ HATORAH LIMITED | 1 | £35k |
| TZEDOKOH VECHESED LIMITED | 1 | £27k |
| FOUNTAIN OF CHESSED LIMITED | 1 | £22k |
| MW (GK) FOUNDATION | 1 | £10k |