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.
Financial health, per its FY2025 accounts
The accounts state that the group reported a net deficit of £31,888 for the year ended 31 March 2025, primarily due to a £21,000 revaluation loss on investment properties. Per the trustees' report, unrestricted reserves of £10,339,315 are significantly above the stated policy target of approximately £50,000, and the charity has sufficient funds to cover the net expenditure of the reporting 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). There are no other disclosable related party transactions during the current or preceding year.” — 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). There are no other disclosable related party transactions during the current or preceding year.” — 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
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 group reported a net deficit of £31,888 for the year ended 31 March 2025, primarily due to a £21,000 revaluation loss on investment properties. Per the trustees' report, unrestricted reserves of £10,339,315 are significantly above the stated policy target of approximately £50,000, and the charity has sufficient funds to cover the net expenditure of the reporting 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 IMAM HUSSEIN FOUNDATION | 1 | £2k |
Charities like this
- THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON
- MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER
- KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT
- KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM
- THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
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 | unclear | — | no doubt |
| THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON | £7.2m | Over £60,000 | 1 | unclear | — | no doubt |
| MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER | £1.0m | — | 0 | above | — | no doubt |
| KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT | £1.5m | — | 0 | unclear | — | no doubt |
| KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM | £3.0m | — | 0 | unclear | — | no doubt |
| THE MUSLIM SHIA ITHNA-ASHERI JAMAAT OF ESSEX | £254k | — | 0 | unclear | — | no doubt |