MALIK FOUNDATION
CHARITABLE PROJECTS FOR THOSE IN NEED
Objects
(1)TO RELIEVE FINANCIAL HARDSHIP, DISTRESS AND SUFFERING AMONG POOR PEOPLE, HOMELESS PERSONS, VICTIMS OF NATURAL DISASTERS AND OTHER PEOPLE IN NEED BY MEANS OF, BUT NOT EXCLUSIVELY, MAKING GRANTS OR LOANS FOR PROVIDING OR PAYING FOR ITEMS, EQUIPMENT, SERVICES AND FACILITIES, INCLUDING THE PROVISION OF FOOD, CLEAN WATER AND CLOTHING FOR THE BENEFIT OF THE SAID PERSONS;(2)TO ADVANCE THE RELIGION OF ISLAM, BY MEANS OF, BUT NOT EXCLUSIVELY, PROVISION OF FACILITIES FOR ISLAMIC EDUCATION, IN ACCORDANCE WITH THE TEACHINGS OF THE QUR’AAN AND THE SUNNAH OF THE PROPHET MUHAMMAD (PEACE BE UPON HIM) AS DEFINED AND INTERPRETED BY THE AHLE SUNNAH WAL JAMAA SCHOOL OF THOUGHT.
Financial health, per its FY2025 accounts
The accounts state that the charity generated unrestricted income of £87,176 and incurred total expenditure of £53,532, resulting in a surplus of £33,644 for the period. Per the trustees' report, total unrestricted reserves stood at £105,008, which the trustees intend to retain for future charitable expenditure and payment of liabilities.
What the accounts disclose
“THE CHARITY EXPENDED £53,532 OF WHICH GRANTS WERE £46,873. THIS RESULTED IN A SURPLUS OF £33,644 FOR THE PERIOD WHICH WAS ADDED TO PRIOR YEAR SURPLUS TO GIVE TOTAL SURPLUS FUNDS AS £105,008 WHICH WILL BE RETAINED FOR FUTURE CHARITABLE EXPENDITURE IN THE COMING YEAR.THE TRUSTEES HAVE A POLICY NOT TO HOLD ANY RESERVES APART FROM FUNDS THAT ARE COMMITTED FOR FUTURE CHARITABLE EXPENDITURE AND PAYMENT OF LIABILITIES.”
“THE TRUSTEES HAVE A POLICY NOT TO HOLD ANY RESERVES APART FROM FUNDS THAT ARE COMMITTED FOR FUTURE CHARITABLE EXPENDITURE AND PAYMENT OF LIABILITIES.”
Policies the charity declares
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
Trustees
- SHAHID MALIKchair
- Hasan Bhatti
- MOHAMMED MUSTAFA MALIK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £81k | £54k |
| 31/07/2024 | £106k | £92k |
| 31/07/2023 | £98k | £84k |
| 31/07/2022 | £72k | £69k |
| 31/07/2021 | £76k | £41k |
Common questions
Is MALIK FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated unrestricted income of £87,176 and incurred total expenditure of £53,532, resulting in a surplus of £33,644 for the period. Per the trustees' report, total unrestricted reserves stood at £105,008, which the trustees intend to retain for future charitable expenditure and payment of liabilities. Its FY2025 accounts were independently examined.