GS TRUST
We advance the religion by providing facilities for worship, Islamic education, community services via community projects, spiritual counseling, drop-in surgeries, seminars, workshops, interfaith, rites of passage for births, marriages and deaths. Engaging neighbours, schools, charities, council, professionals, males, females, elderly and the young in line with our purposes without discrimination.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £16,888 for the year, resulting in a decrease in unrestricted funds from £2,313,632 to £2,296,744. The trustees confirmed adequate resources for the next 12 months and adopted the going concern basis, with no material uncertainties disclosed regarding the charity's ability to continue. The charity holds unrestricted reserves of £2,296,744 against total assets of £2,296,744.
What the accounts disclose
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Muhammad Zahid Sultanichair
- Huzaifa Zahid
- Wazarat Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £2.8m | £268k |
| 29/02/2024 | £3.2m | £65k |
| 28/02/2023 | £38k | £54k |
| 28/02/2022 | £91k | £30k |
| 28/02/2021 | £64k | £26k |
Common questions
Is GS TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net expenditure of £16,888 for the year, resulting in a decrease in unrestricted funds from £2,313,632 to £2,296,744. The trustees confirmed adequate resources for the next 12 months and adopted the going concern basis, with no material uncertainties disclosed regarding the charity's ability to continue. The charity holds unrestricted reserves of £2,296,744 against total assets of £2,296,744. Its FY2023 accounts were independently examined.