MADRASSA ZIA-UL QURAN
Mosque and Religious Teaching Institute
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,912,635, which the Trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net income surplus of £27,335 for the year, with total charitable activities income of £164,730 against expenditure of £137,395. No material uncertainties affecting going concern were identified by the trustees.
What the accounts disclose
“It is the policy of the Madrassa Zia Ul Quran that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Trustees
- KHAWAJA MOHAMMED SHAFIQUE
- MOHAMMED FAROOQ
- MOHAMMED KHALIL
- MOHAMMED YOUNAS
- MOHAMMED YOUNIS
- RASHID AHMED
- SHAH BAN
- WALAYAT HUSSAIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £165k | £137k |
| 31/12/2023 | £157k | £126k |
| 31/12/2022 | £191k | £110k |
| 31/12/2021 | £164k | £103k |
| 31/12/2020 | £109k | £90k |
Common questions
Is MADRASSA ZIA-UL QURAN financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,912,635, which the Trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net income surplus of £27,335 for the year, with total charitable activities income of £164,730 against expenditure of £137,395. No material uncertainties affecting going concern were identified by the trustees. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £768k |
| THE MONTEFIORE ENDOWMENT | 1 | £194k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £73k |
| THE MARCUS MARGULIES CHARITABLE TRUST | 1 | £72k |
| RANDEREE CHARITABLE TRUST | 1 | £56k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £50k |
| THE PHILLIPS AND RUBENS CHARITABLE TRUST | 1 | £37k |
| IHELP GLOBAL | 1 | £24k |
Charities like this
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- THE ISLAMIC CULTURAL CENTRE ZAKARIYYA JAAM'E MASJID
- AZHAR ACADEMY
- THE LONDON SCHOOL OF JEWISH STUDIES
- HAZRAT SULTAN BAHU TRUST (UK)
- AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MADRASSA ZIA-UL QURAN | £165k | — | 0 | unclear | — | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |
| THE ISLAMIC CULTURAL CENTRE ZAKARIYYA JAAM'E MASJID | £972k | — | 0 | above | — | no doubt |
| AZHAR ACADEMY | £3.4m | — | 0 | unclear | — | no doubt |
| THE LONDON SCHOOL OF JEWISH STUDIES | £1.8m | — | — | unclear | — | no doubt |
| HAZRAT SULTAN BAHU TRUST (UK) | £3.1m | — | 0 | above | — | no doubt |