THE CAMBRIDGE MOSQUE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £392,978 for the year, resulting in a decrease in total net assets from £30,679,126 to £30,286,148. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and identified no material uncertainties regarding its going concern status.
What the accounts disclose
“It is the policy of the charity that the unrestricted funds which have not been designated for a specific use, be maintained at a level equivalent to at least 2 months mosque running expenditures approximately £145,000.” — page 6
“During the year, the charity acquired 100% of the share capital of Countryside Burials Limited, a trading subsidiary established to support the charitable objectives of Cambridge Mosque Trust through the provision of high-quality, Sharia-compliant burial services.” — page 4
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Timothy Winterchair
- Burhanettin Aktas
- Dr Henning Majid Grosse Ruse-Khan
- Dr Selim Argun
- Erdem Arioglu
- Prof Aziz Akgul
- Shahida Rehman
- Sohail Bhatti
- Zeynep Koc
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £2.0m |
| 31/12/2023 | £1.7m | £2.0m |
| 31/12/2022 | £956k | £1.9m |
| 31/12/2021 | £493k | £1.6m |
| 31/12/2020 | £367k | £1.6m |
Common questions
Is THE CAMBRIDGE MOSQUE TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £392,978 for the year, resulting in a decrease in total net assets from £30,679,126 to £30,286,148. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and identified no material uncertainties regarding its going concern status. Its FY2024 accounts were audited by Cooper Young & Partners Ltd.