WABIL
Latest income
£3.4m
Latest spending
£3.0m
Registered
1985
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £785,283 for the year, driven largely by a £1.2 million loss on the revaluation of investment property. Despite this deficit, the trustees confirm the charity has adequate resources to continue in operational existence and has adopted the going concern basis.
What the accounts disclose
Reserves policy: appropriate to the charity's objectives (held: £2.9m)
“The trustees consider the current level of reserves to be appropriate to the charity's objectives.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£3.4m
Total spending
£3.0m
Reserves (reported)
£2.9m
Employees
1
Trustees
- EMAD DEAN HILLI
- SAYYED MOHAMMED MUSAWI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.4m | £3.0m |
| 31/03/2024 | £4.4m | £4.4m |
| 31/03/2023 | £3.7m | £4.4m |
| 31/03/2022 | £3.4m | £2.9m |
| 31/03/2021 | £3.2m | £2.7m |
Common questions
Is WABIL financially healthy?
The accounts state that the charity reported a net expenditure of £785,283 for the year, driven largely by a £1.2 million loss on the revaluation of investment property. Despite this deficit, the trustees confirm the charity has adequate resources to continue in operational existence and has adopted the going concern basis. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 2 | £1.0m |
| THE SAIFEE FOUNDATION OF EUROPE | 1 | £502k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £2k |