MATW PROJECT
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net surplus of £2,668,916 for the year, with total funds increasing to £7,636,854. However, the trustees note that the unrestricted general fund reduced by £176,281, placing the free reserves toward the lower end of the policy range. The charity confirmed it has sufficient resources to continue operating for at least twelve months with no material uncertainties identified.
What the accounts disclose
“the pace of growth during the year placed the unrestricted position toward the lower end of the policy range” — page 31
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Mahmoud Ismailchair
- Farhan Iqbal
- Mohamed Bali
- Rabih El Ayoubi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £67.6m | £65.0m |
| 31/08/2024 | £24.8m | £20.1m |
| 31/08/2023 | £409k | £75k |
Common questions
Is MATW PROJECT financially healthy?
The accounts state that the charity recorded a net surplus of £2,668,916 for the year, with total funds increasing to £7,636,854. However, the trustees note that the unrestricted general fund reduced by £176,281, placing the free reserves toward the lower end of the policy range. The charity confirmed it has sufficient resources to continue operating for at least twelve months with no material uncertainties identified. Its FY2025 accounts were audited by Pearlman Rose, Chartered Accountants & Statutory Auditors.