AL - MEDINA TRUST
Help in Education and needy and relief of poverty globally.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £158,337, bringing total unrestricted funds to £2,504,040. However, the trustees have decided to close the Trust due to ill health and other commitments, with assets to be transferred to other charities. The accounts were prepared on a going concern basis despite the planned closure.
What the accounts disclose
“The trustees consider that the reserves held are sufficient to continue the charities activity in future years.” — page 3
Trustees
- DR MANAZIR AHSAN
- Dr ZAHID ALI PARVEZ
- FAROOQ SALMAN MURAD
- Ismail Gitay
- Mohammed Saeed
- Ziaul Haq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £177k | £19k |
| 31/12/2023 | £164k | £96k |
| 31/12/2022 | £163k | £46k |
| 31/12/2021 | £148k | £71k |
| 31/12/2020 | £153k | £89k |
Common questions
Is AL - MEDINA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net surplus of £158,337, bringing total unrestricted funds to £2,504,040. However, the trustees have decided to close the Trust due to ill health and other commitments, with assets to be transferred to other charities. The accounts were prepared on a going concern basis despite the planned closure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IHELP GLOBAL | 1 | £24k |
| UNSEEN (UK) | 1 | £20k |
Charities like this
- MADINA TRUST
- MEDWAY EDUCATION TRUST
- THE MEDLOCK CHARITABLE TRUST
- GLOBAL UMMAH TRUST
- AL MADINA TRUST
- HAZRAT SULTAN BAHU TRUST (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AL - MEDINA TRUST | £177k | — | 0 | above | — | no doubt |
| MADINA TRUST | £120k | — | 0 | above | — | no doubt |
| MEDWAY EDUCATION TRUST | £2.3m | — | 0 | unclear | — | no doubt |
| THE MEDLOCK CHARITABLE TRUST | £1.1m | — | 0 | unclear | — | no doubt |
| GLOBAL UMMAH TRUST | £351k | — | 0 | unclear | — | no doubt |
| AL MADINA TRUST | £150k | — | 0 | unclear | — | no doubt |