THE KHOJA SHIA ITHNAASHERI MUSLIM COMMUNITY OF LONDON

Charity number: 288356
Charity reporting is up to date (36 days late)

Charity overview

Activities - how the charity spends its money

The objects for which the Charity has been established is to promote and advance the Islamic Religion in accordance with the principles of the Shia Ithna-Asheri Sharia and to provide for the relief of poverty among Muslims of the Shia Ithna-Asheri faith.

Income and expenditure

Data for financial year ending 31 December 2023

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Recreation
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 19 December 1983: Standard registration
Organisation type:
Other
Other names:
  • HUSSEINI ISLAMIC CENTRE STANMORE MOSQUE (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

14 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sadikally Premji Trustee 11 June 2024
None on record
Ilyas Govani Trustee 02 June 2024
None on record
Asad Hamir Trustee 02 June 2024
None on record
Arif Hussein Trustee 02 June 2024
None on record
Samana Fazel Trustee 02 June 2024
BIRMINGHAM COMMUNITY SPIRIT
Received: On time
Shiraz Jessa Trustee 02 June 2024
PANJU JESSA CHARITABLE TRUST
Received: 23 days late
Murtaza Gulamhusein Trustee 02 June 2024
THE COUNCIL OF EUROPEAN JAMAATS
Received: On time
Doureine Hiridjee Trustee 02 June 2024
THE COUNCIL OF EUROPEAN JAMAATS
Received: On time
Bashir Pirbhai Trustee 02 June 2024
None on record
Mohammed Ghoghai Trustee 02 June 2024
None on record
Arifali Mohammed Husain Punjani Trustee 02 June 2024
None on record
Soukeina Premdjee Trustee 02 June 2024
None on record
Sajjad Tejani Trustee 08 May 2022
MEDEWELL INTERNATIONAL
Received: On time
Imam Zamana Trust
Received: On time
Sukaina Hassanali Nurmohamed Trustee 08 May 2022
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £2.03m £1.93m £1.91m £10.71m £7.16m
Total expenditure £1.96m £1.97m £1.92m £2.75m £5.93m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £127.02k £100.05k £106.24k N/A
Income - Donations and legacies £1.16m £763.86k £1.13m £9.59m £2.91m
Income - Other trading activities £53.19k £65.30k £70.21k £83.73k £0
Income - Charitable activities £712.63k £665.04k £609.46k £659.37k £1.23m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £74.18k £61.48k £71.83k £378.46k £1.97m
Income - Other £35.15k £374.70k £29.08k £0 £1.05m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.86m £1.94m £1.90m £2.04m £2.63m
Expenditure - Raising funds £35.78k £33.25k £19.93k £709.13k £96.04k
Expenditure - Governance £0 £31.50k £68.57k £50.25k £68.03k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £664.66k £0
Expenditure - Other £63.19k £0 £0 £0 £3.21m

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £6.95m £6.92m £6.90m £6.86m £40.36m
Long-term investments £1.63m £1.63m £1.63m £34.63m £1.63m
Other assets £1.79m £1.81m £1.89m £3.73m £3.09m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £276.80k £299.49k £375.11k £27.22m £25.85m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 06 December 2024 36 days late
Accounts and TAR 31 December 2023 06 December 2024 36 days late Download Open in new window
Annual return 31 December 2022 25 October 2023 On Time
Accounts and TAR 31 December 2022 25 October 2023 On Time Download Open in new window
Annual return 31 December 2021 11 October 2022 On Time
Accounts and TAR 31 December 2021 11 October 2022 On Time Download Open in new window
Annual return 31 December 2020 20 October 2021 On Time
Accounts and TAR 31 December 2020 20 October 2021 On Time Download Open in new window
Annual return 31 December 2019 26 October 2020 On Time
Accounts and TAR 31 December 2019 26 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
ISLAMIC CENTRE
WOOD LANE
STANMORE
HA7 4LQ
Phone:
02089546247