NAIK TRUST
The Charity's principal activity continues to be that of providing religious education in Islamic Faith.
Objects
THE OBJECTS OF THE CHARITY ARE: A) TO ADVANCE THE ISLAMIC FAITH PRIMARILY BUT NOT EXCLUSIVELY FOR YOUNG PEOPLE RESIDENT IN LANCASHIRE (BETWEEN THE AGES OF 3 AND 25 HEREINAFTER REFERRED TO AS 'THE BENEFICIARIES') IN ACCORDANCE WITH THE TEACHINGS OF THE HOLY QURAN; B) TO PROVIDE RECREATIONAL FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR THOSE PEOPLE WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, ABILITY, SOCIAL OR ECONOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE; C) TO RELIEVE POVERTY, SICKNESS AND DISTRESS ARISING THEREFROM BOTH IN THE UNITED KINGDOM AND ABROAD.
Financial health, per its FY2025 accounts
The accounts state that free reserves are held to secure long-term financial security and are considered sufficient to fulfil obligations. The charity's income is primarily generated through monthly tuition, annual membership donations, voluntary contributions, local business support, and weekly collections. No specific financial figures for reserves, income, or expenditure are provided in the document.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- QASIM SAGHIRchair
- Asma Kauser
- Nahida Khan
- Yusuf Saghir
- Zahida Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £56k | £21k |
| 31/03/2025 | £36k | £26k |
| 31/03/2024 | £24k | £29k |
| 31/03/2023 | £25k | £18k |
| 31/03/2022 | £25k | £14k |
Common questions
Is NAIK TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves are held to secure long-term financial security and are considered sufficient to fulfil obligations. The charity's income is primarily generated through monthly tuition, annual membership donations, voluntary contributions, local business support, and weekly collections. No specific financial figures for reserves, income, or expenditure are provided in the document.