THE MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF PETERBOROUGH
1. To promote the Shia Shariat of the Islamic religion as intepreted by the Shia Ithna-Asheri through the Holy Mujtahid of the Shia Ithna-Asheri both in the city of Peterborough and beyond.
Objects
TO ADVANCE THE ISLAMIC RELIGION IN ACCORDANCE WITH THE SHIA ITHNA-ASHERI JAFFERI FAITH.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total net assets of £10,559,943, with unrestricted funds of £10,339,315 significantly exceeding the stated reserves policy target of approximately £50,000. Although the group reported a net deficit for the year of £31,888, the Trustees confirm adequate resources exist to continue as a going concern. The charity relies on investment properties and donations, with no trustee remuneration paid during the period.
What the accounts disclose
“The Trustees and the management committee aim to maintain unrestricted reserves at a level which equates approximately to three months of its unrestricted charitable expenditure, which amounts to approximately £50,000.” — page 6
“During the reporting period, trustees and their close family members made donations amounting to £35,988 (2024: £21,021).” — page 32
“During the year, the amounts collected on their behalf were £75,074 (2024: £64,482) and payments of £89,089 (2024: £112,897) were made during the period.” — page 32
“During the reporting period, trustees and their close family members made donations amounting to £35,988 (2024: £21,021).” — page 32
“During the year, the amounts collected on their behalf were £75,074 (2024: £64,482) and payments of £89,089 (2024: £112,897) were made during the period.” — page 32
“The group financial statements include the financial statements of The Muslim Khoja Shia Ithna-Asheri Community of Peterborough, The Muslim Khoja Shia Ithna-Asheri Community of Peterborough Trust Corporation, 313 Project Ltd and 313 Trust Corporation Ltd.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 80
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 75
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2023
- Volunteers: 70
- Has a trading subsidiary
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Abbas Walji
- MOHAMED ABBAS KARIM
- Nazir Virji
- SAJJAD ALI JAFFER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £535k | £546k |
| 31/03/2024 | £488k | £564k |
| 31/03/2023 | £602k | £485k |
| 31/03/2022 | £433k | £152k |
| 31/03/2021 | £901k | £382k |
Common questions
Is THE MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF PETERBOROUGH financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total net assets of £10,559,943, with unrestricted funds of £10,339,315 significantly exceeding the stated reserves policy target of approximately £50,000. Although the group reported a net deficit for the year of £31,888, the Trustees confirm adequate resources exist to continue as a going concern. The charity relies on investment properties and donations, with no trustee remuneration paid during the period. Its FY2025 accounts were audited by Deitch Cooper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £520k |
| THE SANITA MERALI TRUST | 1 | £11k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £2k |
Charities like this
- MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER
- THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON
- KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT
- KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM
- THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX
- IMAMIA MISSION EAST LONDON UK LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF PETERBOROUGH | £535k | — | 0 | above | — | no doubt |
| MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER | £1.0m | — | 0 | above | — | no doubt |
| THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON | £7.2m | Over £60,000 | 1 | unclear | — | no doubt |
| KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT | £1.4m | — | 0 | above | — | no doubt |
| KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM | £3.0m | — | 0 | above | — | no doubt |
| THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX | £254k | — | 0 | unclear | — | no doubt |