BAYT UL MAQDIS FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £65,040 for the year ended 30 June 2025, with total unrestricted reserves of £614,610. The trustees confirm that these reserves align with their stated policy target of holding six months of average charitable expenditure. The filing confirms the charity is a going concern with adequate resources to meet current and future commitments.
What the accounts disclose
“The Board of Trustees aims to hold a level of free reserves (unrestricted funds not tied up in fixed assets) equivalent to six months of average charitable expenditure.”
Trustees
- Dr ADEL ABDUL-QADIR MOHAMED SABIR
- Rachid Aissou
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £422k | £357k |
| 30/06/2024 | £443k | £350k |
| 30/06/2023 | £332k | £330k |
| 30/06/2022 | £332k | £278k |
| 30/06/2021 | £307k | £195k |
Common questions
Is BAYT UL MAQDIS FOUNDATION financially healthy?
The accounts state that the charity reported a net income of £65,040 for the year ended 30 June 2025, with total unrestricted reserves of £614,610. The trustees confirm that these reserves align with their stated policy target of holding six months of average charitable expenditure. The filing confirms the charity is a going concern with adequate resources to meet current and future commitments. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Gerald and Gail Ronson Family Foundation | 1 | £1.6m |
| THE MAURICE WOHL CHARITABLE FOUNDATION | 1 | £900k |
| DAVID & RUTH LEWIS FAMILY CHARITABLE TRUST | 1 | £305k |
| THE EXILARCH'S FOUNDATION | 1 | £205k |
| THE MAURICE AND VIVIENNE WOHL PHILANTHROPIC FOUNDATION | 1 | £180k |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £103k |
| THE DYNA AND FALA WEINSTOCK CHARITABLE TRUST | 1 | £80k |
| LOFTUS CHARITABLE TRUST | 1 | £65k |