INTERNATIONAL WAQF FUND

Charity Number: 1162805
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Fundraising and distribution to charitable programmes

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£851,610

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Donations and legacies £851.61k
Charitable activities £0
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£325,281

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Raising funds £195.58k
Charitable activities £129.70k
Other £0

£0 investments gains (losses)

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.

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Raising funds and other expenditure £195.58k
Charitable expenditure £129.70k
Retained for future use £526.33k

People

4 Employee(s)

4 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Accommodation/housing
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Throughout England And Wales
  • Afghanistan
  • Albania
  • Australia
  • Bangladesh
  • Belgium
  • Bosnia And Herzegovina
  • Chad
  • China
  • Eritrea
  • Ethiopia
  • Germany
  • Haiti
  • India
  • Indonesia
  • Iraq
  • Ireland
  • Italy
  • Jordan
  • Kenya
  • Kosovo
  • Malawi
  • Malaysia
  • Mauritius
  • Netherlands
  • Pakistan
  • Russia
  • Somalia
  • South Africa
  • Spain
  • Sri Lanka
  • Sudan
  • Sweden
  • Switzerland
  • United States
  • Yemen

Governance

Registration history:
  • 23 July 2015: Standard registration
Organisation type:
Charitable company
Other names:
  • ISLAMIC RELIEF WAQF (Previous name)
Company number:
08612172 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity does not own and/or lease 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

4 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Dr Aqsa Noreen Aziz Chair 09 July 2023
HUMANITARIAN ACADEMY FOR DEVELOPMENT
Received: On time
ISLAMIC RELIEF WORLDWIDE
Received: On time
Magdalena binti Samsuddin Trustee 09 July 2023
None on record
ALIJA AVDUKIC Trustee 03 April 2021
TAYBAH RELIEF UK
Recently registered
Awadh S A Alasaime Trustee 15 June 2019
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 £698.30k £730.35k £761.75k £1.03m £851.61k
Total expenditure £325.05k £400.88k £365.89k £369.23k £325.28k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £698.30k £730.35k £761.75k £1.03m £851.61k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £295.50k £323.45k £332.83k £372.30k £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £376.21k
Expenditure - Charitable activities £135.73k £196.10k £158.86k £146.26k £129.70k
Expenditure - Raising funds £189.32k £204.77k £207.02k £222.97k £195.58k
Expenditure - Governance £5.91k £23.00k £7.53k £7.03k £6.61k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

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 £3.02k £1.79k £3.31k £3.27k £2.60k
Long-term investments £0 £0 £0 £0 £0
Other assets £499.08k £759.81k £1.12m £1.79m £2.30m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £128.84k £58.89k £25.11k £38.71k £14.56k

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 22 August 2024 On Time
Accounts and TAR 31 December 2023 22 August 2024 On Time Download Open in new window
Annual return 31 December 2022 31 October 2023 On Time
Accounts and TAR 31 December 2022 31 October 2023 On Time Download Open in new window
Annual return 31 December 2021 30 June 2022 On Time
Accounts and TAR 31 December 2021 30 June 2022 On Time Download Open in new window
Annual return 31 December 2020 16 September 2021 On Time
Accounts and TAR 31 December 2020 16 September 2021 On Time Download Open in new window
Annual return 31 December 2019 17 October 2020 On Time
Accounts and TAR 31 December 2019 17 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 16/07/2013 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 21/07/2015 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 25 FEB 2019

Charitable objects

TAKING INTO ACCOUNT THE GENERAL PRINCIPLES OF WAQF AND THE ASPIRATION OF THE CHARITY, WHICH IS A PRACTICAL MANIFESTATION AND APPLICATION OF HUMANITARIAN VALUES, INSPIRED BY THE ISLAMIC FAITH, THE OBJECTS OF THE CHARITY ARE: 1) THE ADVANCEMENT OF EDUCATION, BY MEANS INCLUDING (BUT NOT LIMITED TO): (A) ESTABLISHING, OPERATING AND MAINTAINING SCHOOLS; (B) PROVIDING TRAINING, PROGRAMMES, COURSES, SEMINARS, CLASSES, WORKSHOPS, PERFORMANCES, SCHOLARSHIPS, BURSARIES, AWARDS, GRANTS, BOOKS, EQUIPMENT AND EDUCATIONAL AIDS; (C) ESTABLISHING, MAINTAINING AND OPERATING LIBRARIES; (D) ESTABLISHING, MAINTAINING AND OPERATING EDUCATIONAL TRAINING CENTRES; 2) THE RELIEF OR PREVENTION OF POVERTY, BY MEANS INCLUDING (BUT NOT LIMITED TO): (A) THE PROVISION OF EMERGENCY ASSISTANCE TO ASSIST THOSE PEOPLE AFFECTED BY CONFLICT OR DISASTER; (B) THE PROVISIONS OF FOOD SUPPLIES; (C) THE PROVISION OF FINANCIAL, TECHNICAL OR OTHER SUPPORT FOR SMALL BUSINESS AND ENTERPRISE DEVELOPMENT, WHICH ARE OWNED BY AND/OR PRIMARILY EMPLOY POOR PERSONS, ENABLING THEM TO GENERATE A SUSTAINABLE INCOME AND BE SELF-SUFFICIENT; (D) INITIATIVES TO ADDRESS UNEMPLOYMENT; 3) THE PROMOTION AND PRESERVATION OF HEALTH AND WELL-BEING AND THE PREVENTION AND TREATMENT OF DISEASE, BY MEANS INCLUDING (BUT NOT LIMITED TO): (A) THE PROVISION OF SAFE AND ACCESSIBLE WATER SUPPLIES AND IMPROVED SANITATION; AND (B) THE RELIEF, CARE AND WELFARE OF CHILDREN AND IN PARTICULAR ORPHAN CHILDREN. 4) THE ADVANCEMENT OF SUSTAINABLE DEVELOPMENT, BY MEANS INCLUDING (BUT NOT LIMITED TO): (A) THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE ENVIRONMENT AND THE PRUDENT USE OF RESOURCES; (B) THE RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES; (C) THE PROMOTION OF SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTH AND REGENERATION; (SUSTAINABLE DEVELOPMENT MEANS “DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.”) 5) THE PROMOTION OF THIRD SECTOR ORGANISATIONS AND THE EFFICIENCY AND EFFECTIVENESS OF THIRD SECTOR ORGANISATIONS; (“THIRD SECTOR ORGANISATIONS” MEANS CHARITIES, VOLUNTARY ORGANISATIONS AND OTHER FORMS OF SOCIAL ENTERPRISES ESTABLISHED FOR PUBLIC AND COMMUNITY BENEFIT). FOR THE PURPOSE OF THIS CLAUSE, CHARITIES ARE ORGANISATIONS WHICH ARE ESTABLISHED FOR EXCLUSIVELY CHARITABLE PURPOSES AS INTERPRETED IN ACCORDANCE WITH THE LAWS OF ENGLAND AND WALES. VOLUNTARY AND NOT FOR PROFIT ORGANISATIONS ARE INDEPENDENT ORGANISATIONS WHICH ADD VALUE TO THE COMMUNITY AS A WHOLE, OR A SIGNIFICANT SECTION OF THE COMMUNITY. VOLUNTARY ORGANISATIONS DO NOT INCLUDE LOCAL GOVERNMENT OR OTHER STATUTORY AUTHORITIES. 6) THE ADVANCEMENT OF SUCH OTHER PURPOSES AS ARE EXCLUSIVELY CHARITABLE IN ENGLAND AND WALES AS THE TRUSTEES SHALL DETERMINE IN THEIR SOLE DISCRETION. PROVIDED THAT THE CHARITY MAY NOT FURTHER ANY PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH THE LAWS OF SCOTLAND OR NORTHERN IRELAND.

Contact information

Address:
22-24 Sampson Road North
Birmingham
Phone:
01216220716
Email:
Waqf@waqf.org
Website:

www.waqf.org Open in new window