HMC (UK)
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £131,937 for the year ended 31 March 2025, with total unrestricted reserves standing at £598,675. The trustees acknowledge that the current financial position has not permitted the trust to build cash reserves to achieve their stated policy objective of covering 12 months of running costs. Despite this, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Unfortunately with the current economic downturn, and hence reduction in donations - the current financial position has not permitted the trust to build cash reserves to achieve this objective.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sikander Khan Pathan
- UMAR SHEIKH
- Yaseen Khalifa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.9m | £2.7m |
| 31/03/2024 | £2.7m | £2.7m |
| 31/03/2023 | £2.5m | £2.6m |
| 31/03/2022 | £2.5m | £2.3m |
| 31/03/2021 | £2.5m | £2.3m |
Common questions
Is HMC (UK) financially healthy?
The accounts state that the charity generated a surplus of £131,937 for the year ended 31 March 2025, with total unrestricted reserves standing at £598,675. The trustees acknowledge that the current financial position has not permitted the trust to build cash reserves to achieve their stated policy objective of covering 12 months of running costs. Despite this, the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Shareef.