JAMIATUS SALIHAT TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £84,082, exceeding the policy target of approximately 12 months of unrestricted expenditure. The trustees confirm that resources are sufficient to permit the Trust to continue in operation in the medium to long term. No material uncertainties regarding the charity's ability to continue as a going concern were identified.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds at a level, which equate to approximately 12 months unrestricted expenditure.” — page 5
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).
Trustees
- IMRAN MOHMED CHATI
- MOHMED SHAFI ISMAIL AHMED
- MOHMEDYASIN ABDULHAQ MAULVI
- ZIYAULHAQ SANAULLAH AHMED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £156k | £108k |
| 31/03/2024 | £112k | £66k |
| 31/03/2023 | £69k | £121k |
| 31/03/2022 | £40k | £39k |
| 31/03/2021 | £85k | £10k |
Common questions
Is JAMIATUS SALIHAT TRUST financially healthy?
The accounts state that unrestricted funds increased to £84,082, exceeding the policy target of approximately 12 months of unrestricted expenditure. The trustees confirm that resources are sufficient to permit the Trust to continue in operation in the medium to long term. No material uncertainties regarding the charity's ability to continue as a going concern were identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VALLI CHARITABLE TRUST | 1 | £2k |
| SAYABAN WELFARE TRUST | 1 | £1k |