PARADISE RIDA SCHOOL TRUST
The Trust?s primary activity is that of the running an Independent Muslim faith school. The Trust also considers its objectives;? The education of young people through the establishment and maintenance of an educational facility? to promote learning for people no longer in full time education? to assist in efforts to relieve poverty at a local, national and international level
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £184,344 for the year ended 31 August 2025, driven by improved cost retention. However, the independent auditors issued a disclaimer of opinion, citing an inability to verify key balances including trade debtors, cash, and income due to insufficient evidence from management. Despite these audit limitations, the trustees maintain that the charity has adequate resources to continue as a going concern.
What the accounts disclose
“It is the Trustees’ intention to increase its level of reserves to the equivalent value of three months operating costs” — page 6
“We do not express an opinion on the accompanying financial statements of the charitable company. Because of the significance of the matters described in the basis for disclaimer of opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 12
“The maximum loan balance with this related party during the year was £20,000. As of 31 August 2025, the outstanding amount owed to Little Wonders was £nil.” — page 30
“The maximum loan balance with this related party during the year was £61,500. As of 31 August 2025, the outstanding amount owed to Yasir Patel was £nil.” — page 30
“The maximum loan balance with this related party during the year was £20,000. As of 31 August 2025, the outstanding amount owed to Little Wonders was £nil.” — page 30
“The maximum loan balance with this related party during the year was £61,500. As of 31 August 2025, the outstanding amount owed to Yasir Patel was £nil.” — page 30
“The maximum loan balance with this related party during the year was £20,000. As of 31 August 2025, the outstanding amount owed to Little Wonders was £nil.” — page 30
“The maximum loan balance with this related party during the year was £61,500. As of 31 August 2025, the outstanding amount owed to Yasir Patel was £nil.” — page 30
“The maximum loan balance with this related party during the year was £20,000. As of 31 August 2025, the outstanding amount owed to Little Wonders was £nil.” — page 30
“The maximum loan balance with this related party during the year was £61,500. As of 31 August 2025, the outstanding amount owed to Yasir Patel was £nil.” — page 30
“Because of the significance of the matters described in the basis for disclaimer of opinion section of our report, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion on these financial statements.” — page 13
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- ELYAS ESSAP AHMED DALAL
- YASIR PATEL
- Yunus Gajra
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.3m | £1.1m |
| 31/08/2024 | £1.4m | £1.3m |
| 31/08/2023 | £974k | £1.1m |
| 31/08/2022 | £476k | £565k |
| 31/08/2021 | £485k | £432k |
Common questions
Is PARADISE RIDA SCHOOL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £184,344 for the year ended 31 August 2025, driven by improved cost retention. However, the independent auditors issued a disclaimer of opinion, citing an inability to verify key balances including trade debtors, cash, and income due to insufficient evidence from management. Despite these audit limitations, the trustees maintain that the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by KJA Kilner Johnson Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SISTERS OF CHARITY OF ST PAUL THE APOSTLE | 1 | £330k |
| THE REECE FOUNDATION | 1 | £90k |
| THE CHARIS TRUST | 1 | £54k |
| THE ROTHERMERE FOUNDATION | 1 | £35k |
| THE BAILY THOMAS CHARITABLE FUND | 1 | £25k |
| SPORTS PARTNERSHIP HEREFORDSHIRE AND WORCESTERSHIRE | 1 | £7k |
| THE ROGER & DOUGLAS TURNER CHARITABLE TRUST | 1 | £5k |
| THE ROTHLEY TRUST | 1 | £5k |
Charities like this
- THE PETERBOROUGH SCHOOL LIMITED
- DOLPHIN SCHOOL TRUST
- KINGSWOOD HOUSE SCHOOL TRUST LIMITED
- The Frances Johnstone Legacy Limited
- THE ODELL TRUST
- THE CATHOLIC SCHOOLS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PARADISE RIDA SCHOOL TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| THE PETERBOROUGH SCHOOL LIMITED | £8.2m | — | — | above | — | no doubt |
| DOLPHIN SCHOOL TRUST | £2.2m | — | — | unclear | — | no doubt |
| KINGSWOOD HOUSE SCHOOL TRUST LIMITED | £4.3m | — | — | unclear | — | no doubt |
| The Frances Johnstone Legacy Limited | £3.3m | — | — | below | — | noted |
| THE ODELL TRUST | £796k | — | 0 | unclear | — | no doubt |