THE WAQF FUND
Financial health, per its FY2024 accounts
The accounts state that the charity generated a total surplus of £418,496 for the period, resulting in net assets of £418,496. The trustees confirmed that no material uncertainties were identified regarding the entity's ability to continue as a going concern, citing support from its parent organization. The charity holds unrestricted reserves of £1,143 and endowment funds of £417,353.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 14790001
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Kamil Zakariyya Omotesochair
- Dr Emir Camdzic
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £563k | £145k |
Common questions
Is THE WAQF FUND financially healthy?
The accounts state that the charity generated a total surplus of £418,496 for the period, resulting in net assets of £418,496. The trustees confirmed that no material uncertainties were identified regarding the entity's ability to continue as a going concern, citing support from its parent organization. The charity holds unrestricted reserves of £1,143 and endowment funds of £417,353. Its FY2024 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |