THE HABIB UNIVERSITY TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held total net assets of £1,455,880 as of 31 March 2024, comprising £1,440,662 in restricted funds and £15,218 in unrestricted funds. Per the trustees' report, the charity expended a substantial amount as a grant to Habib University Foundation in Pakistan during the year. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- ASIF RANGOONWALA
- Charles Dorsey MACKAY CBE
- Faheen Habib
- JAMES CAAN
- Murtaza Jessa
- Syed Kausar Kazmi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £163k | £241k |
| 31/03/2024 | £86k | £8k |
| 31/03/2023 | £27k | £3k |
| 31/03/2022 | £57k | £3k |
| 31/03/2021 | £310k | £2k |
Common questions
Is THE HABIB UNIVERSITY TRUST financially healthy?
The accounts state that the charity held total net assets of £1,455,880 as of 31 March 2024, comprising £1,440,662 in restricted funds and £15,218 in unrestricted funds. Per the trustees' report, the charity expended a substantial amount as a grant to Habib University Foundation in Pakistan during the year. The auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by K K Associates.
Who funds THE HABIB UNIVERSITY TRUST?
Funders whose own accounts filings name THE HABIB UNIVERSITY TRUST as a grant recipient include Z V M RANGOONWALA FOUNDATION.
Shared trustees with funders
- ASIF RANGOONWALA — trustee here and at Z V M RANGOONWALA FOUNDATION
Known funders
| Funder | Year | Amount |
|---|---|---|
| Z V M RANGOONWALA FOUNDATION | FY2025 | £38k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| National Philanthropic Trust UK Limited | 1 | £14.8m |