PEACE WELFARE TRUST
Objects
THE ADVANCEMENT OF THE ISLAMIC FAITH FOR THE PUBLIC BENEFIT, MAINLY IN NUNEATON AND THE SURROUNDING AREAS, INCLUDING THE PROVISION OF COLLECTIVE AND INDIVIDUAL PRAYER, EDUCATION, LECTURES AND RAISING AWARENESS ABOUT THE ISLAMIC FAITH.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £326,884 against total incoming resources of £377,415. The charity holds a freehold property valued at £432,500 but carries an interest-free loan liability of £108,000. The independent examiner noted a prior-year compliance issue regarding the basis of preparation, which has been rectified.
What the accounts disclose
“The single highest value donation received from a related party during the financial period is £7,400.” — page 9
“The CIO has prepared its accounts on a receipts and payments (cash) basis. For a Charitable Incorporated Organisation with gross income exceeding £250,000, the accounts should be prepared on an accruals basis in accordance with the Charities SORP (FRS 102).” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 3
Trustees
- Farid Siddatchair
- Abdullah Ahmedabadi
- Zainul Shaikh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2k | £11k |
| 31/12/2024 | £351k | £24k |
Common questions
Is PEACE WELFARE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £326,884 against total incoming resources of £377,415. The charity holds a freehold property valued at £432,500 but carries an interest-free loan liability of £108,000. The independent examiner noted a prior-year compliance issue regarding the basis of preparation, which has been rectified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROZAC CHARITABLE TRUST | 1 | £12k |
| THE THOMAS WALL TRUST | 1 | £8k |
| DUKE OF DEVONSHIRE'S CHARITABLE TRUST | 1 | £5k |
| JOHN JACKSON CHARITABLE TRUST | 1 | £4k |
| THE BISHOP RADFORD TRUST | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WILLINGDON | 1 | £1k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £1k |
Charities like this
- PEACE AND RELIEF INTERNATIONAL
- M I CHARITABLE TRUST
- SPEAR TRUST
- LILONGWE WELFARE TRUST
- PEOPLE MATTER TRUST
- M O CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PEACE WELFARE TRUST | £2k | — | 0 | unclear | — | no doubt |
| PEACE AND RELIEF INTERNATIONAL | £308k | — | 0 | unclear | — | no doubt |
| M I CHARITABLE TRUST | £21k | — | 0 | unclear | — | no doubt |
| SPEAR TRUST | £25k | — | 0 | unclear | — | no doubt |
| LILONGWE WELFARE TRUST | £28k | — | 0 | unclear | — | no doubt |
| PEOPLE MATTER TRUST | £452k | — | 0 | unclear | — | no doubt |