QASR-E-SAJJAD AS
To advance the islamic faith in Bolton and the surrounding area for the public benefit.Promote knowledge and mutual understanding and respect of the beliefs and practices of different religious faiths in the Shi'a community of Bolton and Manchester.To provide a platform for the Shi'ite community to mainly but not exclusively provide a place of worship, religious education and cultural activities
Financial health, per its FY2024 accounts
The accounts state that the entity reported a net profit of £122,481 for the year ended 31 December 2024, driven primarily by a significant increase in donations. The balance sheet shows a net asset position of £189,453, supported by tangible assets valued at £530,000 and cash reserves of £40,155, despite current liabilities exceeding current assets.
What the accounts disclose
Trustees
- Raza-E-Abbas Khanchair
- Hassan Syed
- Shabaz Ali Hussain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £129k | £7k |
| 31/12/2023 | £12k | £5k |
| 31/12/2022 | £25k | £13k |
| 31/12/2021 | £5k | £50 |
| 31/12/2020 | £9k | £2k |
Common questions
Is QASR-E-SAJJAD AS financially healthy?
Per its FY2024 accounts: The accounts state that the entity reported a net profit of £122,481 for the year ended 31 December 2024, driven primarily by a significant increase in donations. The balance sheet shows a net asset position of £189,453, supported by tangible assets valued at £530,000 and cash reserves of £40,155, despite current liabilities exceeding current assets.