JMWM HUSSAIN FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £273,654, a decrease from the previous year's £437,254, driven by charitable expenditure of £230,296 against incoming resources of £66,696. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. No specific reserves policy target is stated, only that reserves are held to ensure commitments to good causes can be met.
What the accounts disclose
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MAJID HUSSAIN MBEchair
- JAWID HUSSAIN
- MOZAM HUSSAIN
- WAJID HUSSAIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £855k | £503k |
| 05/04/2024 | £67k | £230k |
| 05/04/2023 | £11k | £57k |
| 05/04/2022 | £400k | £21k |
| 05/04/2021 | £31k | £19k |
Common questions
Is JMWM HUSSAIN FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £273,654, a decrease from the previous year's £437,254, driven by charitable expenditure of £230,296 against incoming resources of £66,696. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future, adopting the going concern basis. No specific reserves policy target is stated, only that reserves are held to ensure commitments to good causes can be met. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £720k |
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| THE BORROWS CHARITABLE TRUST | 1 | £10k |