THE PRESTON MUSLIM SOCIETY-MASJIDE QUBA
OUR CHARITY PROVIDES ISLAMIC EDUCATION FOR YOUNG CHILDREN & A PLACE FOR WORSHIP FOR ADULTS.
Objects
A. TO PROMOTE THE MUSLIM FAITH PARTICULARLY THE DEO BANDI MUSLIK SCHOOL OF THOUGHT. B. TO PROMOTE ENCOURAGE AND ADVANCE THE EDUCATION OF MUSLIN CHILDREN. C. IN PARTICULAR TO SUPPORT EXPAND AND DEVELOP THE PRAYER HALL FINANCIALLY AND OTHERWISE.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted cash and bank balances of £158,959 as of 31 December 2024, against total receipts of £52,961 and total payments of £63,477 for the year. The trustees report that the charity performed well in line with its objectives and maintain a policy of utilizing donations to meet ongoing operating costs. No funds were materially in deficit, and the charity repaid a £30,000 interest-free loan during the period.
What the accounts disclose
“Friday Prayer Collection £ 17,933” — page 11
“The Charity aims to maintain sufficient unrestricted reserves to cover its ongoing operating costs and to provide financial stability in the event of unforeseen circumstances.” — page 9
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- IJAZ AHMEDchair
- AMAR BEG
- Makmal Wasif Syed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £53k | £33k |
| 31/12/2023 | £53k | £29k |
| 31/12/2022 | £43k | £45k |
| 31/12/2021 | £80k | £41k |
| 31/12/2020 | £53k | £29k |
Common questions
Is THE PRESTON MUSLIM SOCIETY-MASJIDE QUBA financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted cash and bank balances of £158,959 as of 31 December 2024, against total receipts of £52,961 and total payments of £63,477 for the year. The trustees report that the charity performed well in line with its objectives and maintain a policy of utilizing donations to meet ongoing operating costs. No funds were materially in deficit, and the charity repaid a £30,000 interest-free loan during the period. Its FY2024 accounts were independently examined.