NUNEATON MUSLIM SOCIETY
The society is established for the advancement of Islam, particularly by the provision of a place for worship and facilities for other functions of religious character. The society provides Islamic education courses for anyone interested in it. The society holds seminars and meetings with other organisations to exchange ideas and views of concern to the Muslims of Nuneaton and surrounding areas.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,680,209, which exceeds the trustees' stated policy target of three months' expenditure. The charity reported a net surplus for the year, with total incoming resources of £445,051 against total resources expended of £343,178, indicating strong financial stability.
What the accounts disclose
“The charity’s main source of income is donations.” — page 7
“The charity's policy is to maintain unrestricted funds, not designated for specific use, at a level equivalent to three months' expenditure.” — page 6
“During the year, Ml. A Khalifa, a Holding Trustee and a part time employee received a remuneration of £5,690.” — page 15
“During the year, Ml. A Khalifa, a Holding Trustee and a part time employee received a remuneration of £5,690.” — page 15
Trustees
- Abbas Khalifa
- Ahmed Ismail
- ISMAIL MALIK
- Ibrahim Bham
- Imran Khan
- Imtiaz Ahmedabadi
- Javid Mehmud Jogiat
- Mustafa Khalifa
- Shauqat Mangera
- YUSUF PATEL
- Yunus Patel
- Zahir Abbas Aadam
- Zakariya Ahmedabadi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £211k | £211k |
| 31/12/2023 | £191k | £183k |
| 31/12/2022 | £182k | £149k |
| 31/12/2021 | £151k | £131k |
| 31/12/2020 | £91k | £108k |
Common questions
Is NUNEATON MUSLIM SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,680,209, which exceeds the trustees' stated policy target of three months' expenditure. The charity reported a net surplus for the year, with total incoming resources of £445,051 against total resources expended of £343,178, indicating strong financial stability. Its FY2024 accounts were independently examined.
Charities like this
- MUSLIM SOCIETY OF PRESTON NEW ROAD, BLACKBURN
- MILTON KEYNES MUSLIM ASSOCIATION
- THE SIKH SOCIETY OF MILTON KEYNES
- EPSOM AND EWELL ISLAMIC SOCIETY
- THE LIVERPOOL MUSLIM SOCIETY
- THE BRAHMIN SOCIETY NORTH LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NUNEATON MUSLIM SOCIETY | £211k | — | 0 | above | — | no doubt |
| MUSLIM SOCIETY OF PRESTON NEW ROAD, BLACKBURN | £146k | — | 0 | unclear | — | no doubt |
| MILTON KEYNES MUSLIM ASSOCIATION | £382k | — | 0 | unclear | — | no doubt |
| THE SIKH SOCIETY OF MILTON KEYNES | £179k | — | 0 | unclear | — | no doubt |
| EPSOM AND EWELL ISLAMIC SOCIETY | £240k | — | 0 | unclear | — | no doubt |
| THE LIVERPOOL MUSLIM SOCIETY | £979k | — | 0 | above | — | no doubt |