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WADI FUNERALCARE

Registered charity 1198705 · accounts filings on the Charity Commission register

To advance the Islamic Religion by the provision of the funeral and burial services in accordance with Islamic teachings and beliefs. To relieve poverty and distress by the provision of financial assistance to persons in necessitous circumstances to assist family members in the burial of their deceased.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£44k
Latest spending
£28k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net income surplus of £16,321 for the year ended 31 December 2024, resulting in unrestricted fund balances of £12,640. Per the trustees' report, the charity maintains reserves equivalent to three to six months of expenditure, a level considered adequate to continue activities in the event of a significant drop in funding. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six month’s expenditure (held: £13k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Eldest Foundation, a UK registered charity in which one of the Trustees is also a trustee, provided temporary conduit funding to Wadi Funeralcare. Included within other creditors is a concessionary loan from The Eldest Foundation totalling £6,154 (2023: £16,369) at the reporting date.
“During the period, The Eldest Foundation, a UK registered charity in which one of the Trustees is also a trustee, provided temporary conduit funding to Wadi Funeralcare. Included within other creditors is a concessionary loan from The Eldest Foundation totalling £6,154 (2023: £16,369) at the reporting date.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£44k£28k
31/12/2023£0£0
31/12/2022£0£0

Common questions

Is WADI FUNERALCARE financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a net income surplus of £16,321 for the year ended 31 December 2024, resulting in unrestricted fund balances of £12,640. Per the trustees' report, the charity maintains reserves equivalent to three to six months of expenditure, a level considered adequate to continue activities in the event of a significant drop in funding. The trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.