COMMUNITY WELFARE TRUST
Advancement of education & trainingSupporting older & vulnerable peopleEmpowering local communitiesDeveloping stronger bonds between communities across Tees ValleyRelief of poverty & health inequalitiesConduit for communities to mainstream services.Advancement of the Muslim religion, beliefs, Islamic values & moral welfare
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £521,880.79 at the end of the year, which the trustees consider sufficient to support the charity for six to nine months. The charity reported a net deficit of £28,395.00 for the year, with total resources expended exceeding incoming resources. The trustees consider this result satisfactory despite activities being impaired by national restrictions.
What the accounts disclose
“The trustees aim to maintain free reserves that are sufficient to support the charity for six to nine months” — page 5
Trustees
- Haydar Hussain
- Mahfooz Hussain
- Mahmood Ghazni
- Mohammed Shafiq
- Tariq Mahmood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £50k | £78k |
| 31/03/2024 | £47k | £93k |
| 31/03/2023 | £66k | £81k |
| 31/03/2022 | £77k | £52k |
| 31/03/2021 | £95k | £83k |
Common questions
Is COMMUNITY WELFARE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £521,880.79 at the end of the year, which the trustees consider sufficient to support the charity for six to nine months. The charity reported a net deficit of £28,395.00 for the year, with total resources expended exceeding incoming resources. The trustees consider this result satisfactory despite activities being impaired by national restrictions. Its FY2025 accounts were independently examined.