MOHAMMADI CHARITABLE TRUST
Financial health, per its FY2022 accounts
The accounts state that the charity's financial position is satisfactory, with total funds increasing from £219,897 to £236,584 during the year. The trustees consider reserves to be more than adequate for the charity's needs, noting that the trust has no financial obligations and nearly all funds are used to support other organisations. The principal funding source is rental income, which contributed £27,626 to total incoming resources of £41,626.
What the accounts disclose
Trustees
- SABIHA PATEL
- SAJEED PATEL
- SHABIR PATEL
- SHANAJ PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £137k | £77k |
| 31/12/2023 | £74k | £84k |
| 31/12/2022 | £42k | £57k |
| 31/12/2021 | £61k | £17k |
| 31/12/2020 | £20k | £4k |
Common questions
Is MOHAMMADI CHARITABLE TRUST financially healthy?
The accounts state that the charity's financial position is satisfactory, with total funds increasing from £219,897 to £236,584 during the year. The trustees consider reserves to be more than adequate for the charity's needs, noting that the trust has no financial obligations and nearly all funds are used to support other organisations. The principal funding source is rental income, which contributed £27,626 to total incoming resources of £41,626. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROZAC CHARITABLE TRUST | 1 | £9k |