MARKAZ BUKHARI
To advance the Islamic religion for the benefit of the public through holding prayers, lectures, regular classes and producing and distributing literature on Islam to enlighten others about Islam
Objects
TO ADVANCE THE ISLAMIC RELIGION FOR THE BENEFIT OF THE PUBLIC THROUGH HOLDING PRAYERS, LECTURES, REGULAR CLASSES AND PRODUCING & DISTRIBUTING LITERATURE ON ISLAM TO ENLIGHTEN OTHERS ABOUT ISLAM.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £13,573 for the year ended 31st January 2025, with total reserves standing at £231,796. The trustees confirmed that the charity has adequate reserves to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting.
What the accounts disclose
“Total income for the period was £37,271 (2024: £65,970) of which £31,746 (2024: £11,070) related to funding for projects upon which restrictions are placed.” — page 3
“It is the policy of the Charitable Incorporated Organisation to maintain unrestricted funds, which are free reserves of one month's running costs should no further funding be received.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Abdikarim Mohamudchair
- Abdi Fatah Musa
- Awil Abokor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £37k | £24k |
| 31/01/2024 | £66k | £15k |
| 31/01/2023 | £73k | £5k |
| 31/01/2022 | £23k | £3k |
| 31/01/2021 | £29k | £2k |
Common questions
Is MARKAZ BUKHARI financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £13,573 for the year ended 31st January 2025, with total reserves standing at £231,796. The trustees confirmed that the charity has adequate reserves to continue in operational existence for the foreseeable future, adopting the going concern basis of accounting. Its FY2025 accounts were independently examined.