BUSHEY ISLAMIC CIRCLE
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net surplus of £58,737 for the period, resulting in unrestricted reserves of £58,737. The trustees consider this level of reserves to be satisfactory and consistent with their policy of maintaining three to six months of operating expenditure. The charity has no material debt and the trustees confirm adequate resources for the foreseeable future.
What the accounts disclose
“It is the policy of the CIO 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
Trustees
- Anas Gaffar
- MOHAMMED SHAHARIA AHMED
- Shoaeb Anwari
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £190k | £131k |
Common questions
Is BUSHEY ISLAMIC CIRCLE financially healthy?
The accounts state that the charity recorded a net surplus of £58,737 for the period, resulting in unrestricted reserves of £58,737. The trustees consider this level of reserves to be satisfactory and consistent with their policy of maintaining three to six months of operating expenditure. The charity has no material debt and the trustees confirm adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £616k |
| THE SAIFEE FOUNDATION OF EUROPE | 1 | £502k |