KINGSTON MUSLIM ASSOCIATION
Financial health, per its FY2023 accounts
The accounts state that the charity maintained a period of stability and remained on a secure financial footing despite economic downturns. However, the filing notes an operating loss of £12,466 for the year, primarily driven by increased salary costs, energy prices, and legal expenses. Total unrestricted reserves stood at £1,135,867, while restricted reserves were £624,790.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £734k | £773k |
| 31/03/2024 | £525k | £514k |
| 31/03/2023 | £510k | £522k |
| 31/03/2022 | £435k | £335k |
| 31/03/2021 | £320k | £257k |
Common questions
Is KINGSTON MUSLIM ASSOCIATION financially healthy?
The accounts state that the charity maintained a period of stability and remained on a secure financial footing despite economic downturns. However, the filing notes an operating loss of £12,466 for the year, primarily driven by increased salary costs, energy prices, and legal expenses. Total unrestricted reserves stood at £1,135,867, while restricted reserves were £624,790. Its FY2023 accounts were audited by M.XAIDI AND CO.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MIRZA SHARIF AHMAD FOUNDATION | 1 | £5.6m |
| MAJLIS ANSARULLAH (UK) LTD | 1 | £265k |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £238k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £2k |