MUHADDIS-E-AZAM MISSION
To advance the education of in particular young people in the subject of Quranic Study
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net deficit of £2,997.69 for the year, with total expenditure of £50,470.00 exceeding income of £47,472.31. Per the trustees' report, the charity is a going concern, though trustees are monitoring finances carefully to manage costs and improve sustainability. Free reserves at year-end were £1,033.64.
What the accounts disclose
“The charity’s income for the year consisted mainly of voluntary donations totaling £47,472.31.” — page 8
“The trustees maintain a financial reserves policy to ensure the charity can meet its ongoing commitments. Due to the nature of the charity’s activities, reserves are kept at a modest level while ensuring essential costs such as staff wages and rent can be met.” — page 9
Trustees
- MOHAMMED SHAFIQchair
- MOHAMMED AYUB
- Omar Shafiq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £50k |
| 31/03/2024 | £50k | £71k |
| 31/03/2023 | £82k | £75k |
| 31/03/2022 | £69k | £63k |
| 31/03/2021 | £53k | £44k |
Common questions
Is MUHADDIS-E-AZAM MISSION financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net deficit of £2,997.69 for the year, with total expenditure of £50,470.00 exceeding income of £47,472.31. Per the trustees' report, the charity is a going concern, though trustees are monitoring finances carefully to manage costs and improve sustainability. Free reserves at year-end were £1,033.64. Its FY2025 accounts were independently examined.