INDIAN MUSLIM PATEL SOCIETY
Advancing the religious and Social wellbeing of the muslim community. This is carried out by way of providing a place of worship for the daily prayers. Also to provide the children of the community with the facilities to learn about their Islamic and Social Responsibilities, which will enable them to become better citizens who will serve the people.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £79,666 for the year ended 31 December 2024, resulting in total funds decreasing from £121,876 to £42,209. The trustees maintain a reserves policy of three to six months' expenditure, but the actual unrestricted reserves of £6,753 are significantly below this target. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“The charity has a policy of maintaining unrestricted funds, which are not designated for a specific purpose, at a level equivalent to three to six months' expenditure.” — page 4
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Adam Umarji Patel
- Ilyas Essap Ahmed Dalal
- Rashid Yusuf
- Yunus Gajra
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £310k | £389k |
| 31/12/2023 | £497k | £727k |
| 31/12/2022 | £886k | £760k |
| 31/12/2021 | £761k | £648k |
| 31/12/2020 | £1.5m | £524k |
Common questions
Is INDIAN MUSLIM PATEL SOCIETY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £79,666 for the year ended 31 December 2024, resulting in total funds decreasing from £121,876 to £42,209. The trustees maintain a reserves policy of three to six months' expenditure, but the actual unrestricted reserves of £6,753 are significantly below this target. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2024 accounts were independently examined.
Charities like this
- KASIM BIN MOHAMMED AL-THANI
- PAKISTAN MOSQUE COMMITTEE AND ISLAMIC EDUCATION CENTRE
- UNITED KINGDOM TURKISH ISLAMIC ASSOCIATION
- ANJUMAN-UL-MUSLIMEEN LTD
- NUNEATON MUSLIM SOCIETY
- MUSLIM SOCIETY OF PRESTON NEW ROAD, BLACKBURN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| INDIAN MUSLIM PATEL SOCIETY | £310k | — | 0 | unclear | — | no doubt |
| KASIM BIN MOHAMMED AL-THANI | £535k | — | 0 | unclear | — | no doubt |
| PAKISTAN MOSQUE COMMITTEE AND ISLAMIC EDUCATION CENTRE | £183k | — | 0 | unclear | — | no doubt |
| UNITED KINGDOM TURKISH ISLAMIC ASSOCIATION | £292k | — | 0 | unclear | — | no doubt |
| ANJUMAN-UL-MUSLIMEEN LTD | £265k | — | 0 | above | — | no doubt |
| NUNEATON MUSLIM SOCIETY | £211k | — | 0 | above | — | no doubt |