MOHADDIS E AZAM MISSION PRESTON
Providing the best possible Islamic education and guidance in the form of voluntary eveningclasses to students aged between 5 to 16 years.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £353,338 at the end of the year, which is significantly above its stated policy target of £5,000. The trustees consider the financial position satisfactory and confirm that income was adequate to cover overheads, with no material uncertainties regarding going concern.
What the accounts disclose
“Currently, the reserves level is set at £5,000.00 which would cover utility bills and teaching staff expenditure that would be due to be paid for three months.” — page 6
Property (HM Land Registry)
Trustees
- Asif Kamalchair
- Aamir Patel
- Amjad Ismail
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £95k | £53k |
| 31/12/2023 | £84k | £54k |
| 31/12/2022 | £73k | £57k |
| 31/12/2021 | £69k | £39k |
| 31/12/2020 | £275k | £39k |
Common questions
Is MOHADDIS E AZAM MISSION PRESTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £353,338 at the end of the year, which is significantly above its stated policy target of £5,000. The trustees consider the financial position satisfactory and confirm that income was adequate to cover overheads, with no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.