MUHAMMADIYAH HOUSE OF WISDOM
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds increased from £122,241 to £235,179, driven by a net income of £112,938 against total expenditure of £184,399. The charity holds no restricted funds and has negligible current liabilities of £1,499, resulting in a strong net asset position. The independent examiner confirmed that accounting records were kept and the accounts accord with those records.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALI MUHAMMED ANEES
- Gulfam Hussain
- MOHAMMED NAWAZ
- Muhammed Gulam Kibria
- SHIRAJUL ISLAM
- Shaheen Akhtar Hussain
- Zafar Majid
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £738k |
| 31/12/2023 | £297k | £184k |
| 31/12/2022 | £150k | £145k |
| 31/12/2021 | £117k | £139k |
| 31/12/2020 | £65k | £38k |
Common questions
Is MUHAMMADIYAH HOUSE OF WISDOM financially healthy?
The accounts state that unrestricted funds increased from £122,241 to £235,179, driven by a net income of £112,938 against total expenditure of £184,399. The charity holds no restricted funds and has negligible current liabilities of £1,499, resulting in a strong net asset position. The independent examiner confirmed that accounting records were kept and the accounts accord with those records. Its FY2023 accounts were independently examined.