TAIBA WELFARE FOUNDATION
ADVANCE THE ISLAMIC RELIGION FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF PRAYERS MEETINGS, LECTURES, PUBLIC CELEBRATION OR RELIGIOUS FESTIVALS, PRODUCING AND/OR DISTRIBUTING LITERATURE TO ENLIGHTEN OTHERS ABOUT THE ISLAMIC RELIGION. B) TO FURTHER OR BENEFIT THE RESIDENTS OF EDGWARE, MIDDLESEX AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, RACE, RELIGIOUS, POLITICAL ETC
Financial health, per its FY2024 accounts
The accounts state that the charity reported a significant drop in turnover from £904,806 in 2023 to £87,608 in 2024, resulting in an operating surplus of £8,482. Per the balance sheet, total net assets stood at £865,817, with the majority (£818,593) held in freehold tangible assets. The filing notes that the company is exempt from statutory audit requirements under the small companies regime.
What the accounts disclose
“Donations Received 87,608”
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/11/2023)
Trustees
- Bolanle Olanshile Shobowale
- Dr ALHAGI MANTA DRAMMEH
- Naffisa Al-Tayeb Cham
- TAYEB MUSTAPHA CHAM
- Yaqoob Johnson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £60k | £59k |
| 30/11/2024 | £88k | £79k |
| 30/11/2023 | £907k | £35k |
| 30/11/2022 | £33k | £31k |
| 30/11/2021 | £28k | £29k |
Common questions
Is TAIBA WELFARE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a significant drop in turnover from £904,806 in 2023 to £87,608 in 2024, resulting in an operating surplus of £8,482. Per the balance sheet, total net assets stood at £865,817, with the majority (£818,593) held in freehold tangible assets. The filing notes that the company is exempt from statutory audit requirements under the small companies regime. Its FY2024 accounts were independently examined.