HUDA ACADEMY
Financial health, per its FY2025 accounts
The accounts state that the charity held total net assets of £640,224 at the end of the financial period, comprising £570,434 in unrestricted funds and £69,790 in restricted funds. Per the trustees' report, the charity was in a stable financial position with sufficient funds to meet ongoing operational commitments and held no formal reserves due to its size and funding model. The trustees confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees have reviewed the charity’s reserves policy and have determined that it is not necessary to hold formal reserves due to the charity’s size and the nature of its activities.”
“There were no related party transactions during the year ended 2025” — page 13
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- ABDULLAH MOHAMMEDALI PATEL
- Dr MOHIB AHMAD KHAN
- Dr Yaqub Hussain
- MOHAMMAD YUSUF
- MOHAMMED SARWAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £530k | £462k |
| 05/04/2024 | £291k | £301k |
| 05/04/2023 | £198k | £129k |
Common questions
Is HUDA ACADEMY financially healthy?
The accounts state that the charity held total net assets of £640,224 at the end of the financial period, comprising £570,434 in unrestricted funds and £69,790 in restricted funds. Per the trustees' report, the charity was in a stable financial position with sufficient funds to meet ongoing operational commitments and held no formal reserves due to its size and funding model. The trustees confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZAIMAH | 1 | £150 |