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KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT

Registered charity 287686 · accounts filings on the Charity Commission register · also known as HYDERI ISLAMIC CENTRE

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Latest income
£1.5m
Latest spending
£1.2m
Registered
1983
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net movement in funds of £208,762 for the year ended 31 December 2024, resulting in total net assets of £9,275,300. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient reserves. The charity's unrestricted funds stood at £7,841,364, while restricted funds totaled £1,433,936.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £7.8m)
“the unrestricted funds held by the Charity should continue to be a minimum of 3 months of the unrestricted expenditure of Hyderi only. This equates to approximately £246,196” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remittance of external restricted funds to Council of European Jamaats (COEJ)
“During the year, the external restricted funds of £129,789 (2023 - £22,341) were remitted to COEJ.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Brian Paul Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.5m
Total spending
£1.2m
Cost of raising funds
£15k
Reserves (reported)
£246k
Employees
14

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Croydon · Lambeth

Income and spending

Financial year endIncomeSpending
31/12/2024£1.5m£1.2m
31/12/2023£1.4m£1.1m
31/12/2022£1.3m£912k
31/12/2021£1.9m£888k
31/12/2020£3.9m£632k

Common questions

Is KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT financially healthy?

The accounts state that the charity reported a net movement in funds of £208,762 for the year ended 31 December 2024, resulting in total net assets of £9,275,300. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing sufficient reserves. The charity's unrestricted funds stood at £7,841,364, while restricted funds totaled £1,433,936. Its FY2024 accounts were audited by Brian Paul Limited.