ISLAMIC WAQF FOUNDATION
Islamic activities serving the needs of the public in Leicester by providing premises for use for worship and education
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £162,178 for the year ended 31 March 2025, with total income of £169,055 against expenditure of £6,877. Per the trustees' report, the charity held unrestricted reserves of £267,257 to fund future property extension and refurbishment projects. The trustees explicitly state there is no policy to retain reserves and all surplus funds will be spent on future charitable activities.
What the accounts disclose
“The charity secured donations and grants of £166,921 and interest of £2,134 during the period, giving a total income of £169,055.” — page 4
Trustees
- ABDIRAHMAN ALI MIRE
- AHMED ALI GUREY
- Abdi aziz Mohamed Isse
- CHAIRMAN SHAYKH ABDALLA MOHAMED MAHAMUD
- Mohammed Abdullahi Said
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £169k | £7k |
| 31/03/2024 | £28k | £7k |
| 31/03/2023 | £13k | £21k |
| 31/03/2022 | £40k | £9k |
| 31/03/2021 | £21k | £4k |
Common questions
Is ISLAMIC WAQF FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £162,178 for the year ended 31 March 2025, with total income of £169,055 against expenditure of £6,877. Per the trustees' report, the charity held unrestricted reserves of £267,257 to fund future property extension and refurbishment projects. The trustees explicitly state there is no policy to retain reserves and all surplus funds will be spent on future charitable activities. Its FY2025 accounts were independently examined.