THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON

Registered charity 288356 · accounts filings on the Charity Commission register · also known as HUSSEINI ISLAMIC CENTRE STANMORE MOSQUE · filing overdue (register status)

The objects for which the Charity has been established is to promote and advance the Islamic Religion in accordance with the principles of the Shia Ithna-Asheri Sharia and to provide for the relief of poverty among Muslims of the Shia Ithna-Asheri faith.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£7.2m
Latest spending
£5.9m
Registered
1983
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted general reserves stood at £1,244,406, which is above the trustees' stated policy target of approximately £300,000. However, the President's report notes that cash flows were significantly affected by rising utility expenses and refurbishment costs, urging continued member contributions to sustain operations.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Over £60,000 — below the median for charities its size (£70k)
“There was one employee who's remuneration and emoluments was over £60,000 (2022: none).” — page 19
Per its FY2023 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“There was one employee who's remuneration and emoluments was over £60,000 (2022: none).” — page 19
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £1.2m)
“To safeguard the core activities in periods of fluctuating income, where possible, the Trustees have determined to establish free reserves (i.e. those unrestricted reserves not tied up in tangible fixed assets) at a level sufficient to meet the Charity’s requirements for a minimum period of 3 months of unrestricted expenditure in any given year equating to approximately £300,000.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payment to CoEJ
“£309,005 (2022: £260,134) has been paid out to CoEJ which includes funds received for religious dues and sadka.” — page 25
“Included within creditors, amounts falling due after more than one year, is an amount £8,083,412 (2022: £8,083,412) from the World Federation. There is no interest attached to this amount.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Loan from WF
“£309,005 (2022: £260,134) has been paid out to CoEJ which includes funds received for religious dues and sadka.” — page 25
“Included within creditors, amounts falling due after more than one year, is an amount £8,083,412 (2022: £8,083,412) from the World Federation. There is no interest attached to this amount.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payments to other related parties
“£309,005 (2022: £260,134) has been paid out to CoEJ which includes funds received for religious dues and sadka.” — page 25
“Included within creditors, amounts falling due after more than one year, is an amount £8,083,412 (2022: £8,083,412) from the World Federation. There is no interest attached to this amount.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations from trustees
“£309,005 (2022: £260,134) has been paid out to CoEJ which includes funds received for religious dues and sadka.” — page 25
“Included within creditors, amounts falling due after more than one year, is an amount £8,083,412 (2022: £8,083,412) from the World Federation. There is no interest attached to this amount.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Loans from trustees
“£309,005 (2022: £260,134) has been paid out to CoEJ which includes funds received for religious dues and sadka.” — page 25
“Included within creditors, amounts falling due after more than one year, is an amount £8,083,412 (2022: £8,083,412) from the World Federation. There is no interest attached to this amount.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: 01Futr Limited
“The charity owns 100% shares through its trustees of 01Futr Limited, a limited company, registered in England & Wales, company number 15077776.” — page 18
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Gerald Edelman LLP. Discloses 6 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2022 and FY2023 accounts as analysed by this site.

Public fundraising profile: JustGiving — KSIMC of London (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2023)

Total income
£7.2m
Total spending
£5.9m
Cost of raising funds
£96k
Reserves (reported)
£1.7m
Employees
28

Reported reserves equal ~3.5 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (41% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024——
31/12/2023£7.2m£5.9m
31/12/2022£10.7m£2.8m
31/12/2021£1.9m£1.9m
31/12/2020£1.9m£2.0m

Common questions

Is THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted general reserves stood at £1,244,406, which is above the trustees' stated policy target of approximately £300,000. However, the President's report notes that cash flows were significantly affected by rising utility expenses and refurbishment costs, urging continued member contributions to sustain operations. Its FY2023 accounts were audited by Gerald Edelman LLP.

What does the highest-paid employee of THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON earn?

Per its FY2023 accounts, the highest-paid employee was in the Over £60,000 band, and 1 employees earned over £60,000.

Who funds THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON?

Funders whose own accounts filings name THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON as a grant recipient include THE IMAM HUSSEIN FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE IMAM HUSSEIN FOUNDATIONFY2022£2k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE LADY FATEMAH (A.S.) CHARITABLE TRUST1£520k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON£7.2mOver £60,0001unclear—no doubt
KHOJA SHIA ITHNA-ASHRI (SOUTH LONDON) JAMAAT FY2024£1.5m—0unclear—no doubt
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM FY2025£3.0m—0unclear—no doubt
MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER FY2024£1.0m—0above—no doubt
THE MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF PETERBOROUGH FY2025£535k—0unclear—no doubt
KSI MUSLIM COMMUNITY OF MILTON KEYNES FY2025£165k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.