QUBA INITIATIVE

Registered charity 1169490 · accounts filings on the Charity Commission register

The charity aims to provide relief to poverty and promote Islamic learning and spirituality in Manchester and surrounding areas.These aims are delivered by the provision of essential food items to families in need, the organisation of courses, lectures and conferences on Islamic sacred knowledge and the holding gatherings of prayers and remembrance of God and Prophet Muhammad.

Objects

THE CHARITY'S OBJECTS ('THE OBJECTS') ARE(1) THE PREVENTION OR RELIEF OF POVERTY IN MANCHESTER, GREATER MANCHESTER ANDSURROUNDING AREAS THROUGH THE PROVISION OF ESSENTIAL FOOD ITEMS TO INDIVIDUALSAND FAMILIES IN NEED,(2) THE ADVANCEMENT OF EDUCATION THROUGH PROVIDING EDUCATIONAL COURSES, LECTURES,CONFERENCES AND OTHER EVENTS WHICH PROMOTE, SUSTAIN AND INCREASE INDIVIDUALAND COLLECTIVE KNOWLEDGE AND UNDERSTANDING ON TOPICS RELATED TO ISLAMICTHEOLOGY, JURISPRUDENCE AND SPIRITUALITY AND OTHER ISLAMIC SCIENCES.(3) TO ADVANCE THE ISLAMIC FAITH THROUGH THE HOLDING OF REGULAR PRAYER MEETINGSWHERE PEOPLE GATHER TO SING ISLAMIC HYMNS IN PRAISE OF GOD AND THE PROPHETMUHAMMAD.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income

£36k

Latest spending

£46k

Registered

2016

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased from £22,802 to £11,981 due to a net expenditure of £10,821 against incoming resources of £35,664. The trustees report that the charity's reserves policy target of three to six months' expenditure has been maintained throughout the year, although the absolute reserve balance has fallen. No staff costs were incurred, and the charity remains a going concern with adequate resources for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three and six month’s expenditure (held: £12k)

“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Complaints handling
Conflicting interests
Engaging external speakers at charity events policy and procedures
Internal charity financial controls policy and procedures
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Trustees · trustee networks

AMJED ZAFARchair
Mohammed Mohasan Anwar
Mubarakhusain Dawood · trustee of 1 other charity

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bolton · Bury · Manchester City · Oldham · Rochdale · Stockport

Income and spending

Financial year end	Income	Spending
31/12/2024	£36k	£46k
31/12/2023	£35k	£30k
31/12/2022	£38k	£47k
31/12/2021	£28k	£26k
31/12/2020	£22k	£14k

Common questions

Is QUBA INITIATIVE financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £22,802 to £11,981 due to a net expenditure of £10,821 against incoming resources of £35,664. The trustees report that the charity's reserves policy target of three to six months' expenditure has been maintained throughout the year, although the absolute reserve balance has fallen. No staff costs were incurred, and the charity remains a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.