ZAIMAH
THE RELIEF OF POVERTY AND SICKNESS ANYWHERE IN THE WORLD; ESPECIALLY FOR THOSE AFFECTED BY NATURAL DISASTERS OR BY WARS AND OTHER CONFLICTS, THROUGH THE PROVISION OF FINANCIAL OR OTHER ASSISTANCE, INCLUDING MEDICINES, HOSPITALS, SHELTER AND FOOD.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with total income of £1,431,938 and closing unrestricted reserves of £1,376,078. The trustees report confirms that the reserves policy target of 3–6 months of core expenditure was met during 2024. The independent auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to maintain unrestricted reserves equivalent to 3–6 months of core expenditure to ensure continuity of operations in the event of reduced income. This target was met during 2024.” — page 4
“During the year the charitable company received unrestricted donations totalling £4,904 (2023: £Nil) from one of trustees. No other related party transactions took place in the period of account, other than certain Trustees' remuneration and expenses already disclosed in note 5.” — page 18
Leadership, per the charity’s website
- Musaeen Qureshi — Chair of Trustees
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Musaeen Qureshichair
- Jannathur Rahman Chowdhury
- Mohammed Kazi Abdul Hai
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £814k |
| 31/12/2023 | £891k | £487k |
| 31/12/2022 | £570k | £403k |
| 31/12/2021 | £902k | £527k |
| 31/08/2020 | £72k | £40k |
Common questions
Is ZAIMAH financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with total income of £1,431,938 and closing unrestricted reserves of £1,376,078. The trustees report confirms that the reserves policy target of 3–6 months of core expenditure was met during 2024. The independent auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Eureka Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONWIDE FOUNDATION | 1 | £1.9m |
| TRUST FOR LONDON | 1 | £124k |
| THE WESTMINSTER FOUNDATION | 1 | £94k |
| BOURNEHEIGHTS LIMITED | 1 | £87k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £50k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £50k |
| CLOSEHELM LIMITED | 1 | £44k |
| WESTMINSTER AMALGAMATED CHARITY | 1 | £34k |
Charities like this
- AZAD WELFARE TRUST (UK)
- AID THE NEEDY
- EZRA UMARPEH LIMITED
- THE ZACCHAEUS 2000 TRUST
- ZARINA FOUNDATION
- LIA RELIEF TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ZAIMAH | £1.4m | — | 0 | above | — | no doubt |
| AZAD WELFARE TRUST (UK) | £333k | — | 0 | unclear | — | no doubt |
| AID THE NEEDY | £104k | — | 0 | unclear | — | no doubt |
| EZRA UMARPEH LIMITED | £403k | — | 0 | below | — | no doubt |
| THE ZACCHAEUS 2000 TRUST | £956k | £70,001 - £80,000 | 1 | within | — | no doubt |
| ZARINA FOUNDATION | £176k | — | 0 | unclear | — | no doubt |