QISMAT TRUST
Qismat is committed to innovation in tackling the UN SDGs to end extreme poverty and promote peace & prosperity. Our initiatives include Rickshaws for Relief, Impact Incubator Hubs for social entrepreneurs, a mobile Micro Donations Platform, Youmanity.me a social network for changemakers & Brydg, a financial marketplace to build trust protocols for the future of credit & financial freedom.
Objects
THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:FOR THE BENEFIT OF THE PUBLIC IN UNDERDEVELOPED COUNTRIES:-A) THE RELIEF OF POVERTY BY ENGAGING IN RELIEF, RECOVERY AND RECONSTRUCTION PROJECTS THAT AIM TO ENSURE THE IMMEDIATE AND MEDIUM TERM NEEDS OF AFFECTED PEOPLE. B) TO PROMOTE SUSTAINABLE DEVELOPMENT BY:I) THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; ANDII) THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION;SUSTAINABLE DEVELOPMENT MEANS "DEVELOPMENT THAT MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS".C) TO FURTHER SUCH OTHER PURPOSES THAT ARE CHARITABLE UNDER THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £56,996 for the year ended 28 February 2025, with total unrestricted funds of £93,002. The trustees consider reserves adequate against a policy target of three months of core operating costs. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The Trustees have established a reserves policy aimed at maintaining sufficient unrestricted reserves to cover approximately three months of core operating costs.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ANTONIO ARENAS LOPEZ
- Peter Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £213k | £156k |
| 29/02/2024 | £124k | £132k |
| 28/02/2023 | £115k | £114k |
| 28/02/2022 | £138k | £120k |
| 28/02/2021 | £139k | £165k |
Common questions
Is QISMAT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £56,996 for the year ended 28 February 2025, with total unrestricted funds of £93,002. The trustees consider reserves adequate against a policy target of three months of core operating costs. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | £84k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
Charities like this
- ISLAMIC AID
- AHLUL ISTIQAMAH TRUST UK
- ZAWIYA TRUST LIMITED
- THE UMEED WELFARE TRUST (UNITED KINGDOM)
- THE QAMAR TRUST
- GLOBAL UMMAH TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| QISMAT TRUST | £213k | — | 0 | above | — | no doubt |
| ISLAMIC AID | £6.6m | — | 0 | within | — | no doubt |
| AHLUL ISTIQAMAH TRUST UK | £160k | — | 0 | unclear | — | no doubt |
| ZAWIYA TRUST LIMITED | £254k | — | 0 | unclear | — | no doubt |
| THE UMEED WELFARE TRUST (UNITED KINGDOM) | £238k | — | 0 | unclear | — | no doubt |
| THE QAMAR TRUST | £1.1m | — | 0 | unclear | — | no doubt |