KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMINGHAM

Charity number: 1170675
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The objective of the charity is to promote Islam and teachings of Islam per the Holy Quran in accordance with the Shia Jaafery faith. The principle objective of the Charity are to arrange religious functions in the Islamic calender, provision of secular education, social & welfare of its members and establish capital projects to care for its needs.

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

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • Religious Activities
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Advocacy/advice/information
Where the charity operates:
  • Birmingham City

Governance

Registration history:
  • 09 December 2016: CIO registration
  • 18 May 2022: Funds received from 510406 KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY OF BIRMIN...
Organisation type:
CIO
Other names:
  • KSIMC OF BIRMINGHAM (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
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
  • 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

15 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
MUSLIM KHOJA Chair 18 April 2022
LADY SUMAYYA HUMANITARIAN AID FOUNDATION LIMITED
Received: On time
G F FOUNDATION LIMITED
Received: On time
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
Mujtaba Asgarali Virani Trustee 09 August 2024
None on record
RIDHWAN ABDULHUSSEIN HAMER Trustee 09 August 2024
None on record
Abbas Mohammed Taki Esmail Trustee 26 July 2024
None on record
Faiza Muhammad Mawji Trustee 26 July 2024
None on record
Hussein Elias Trustee 14 April 2023
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
THE COUNCIL OF EUROPEAN JAMAATS
Received: On time
Hasnain Asaria Trustee 24 November 2022
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
SHAN - E- ABBAS SADIK HASSANALI HASSAM Trustee 28 April 2022
None on record
Rizwan Haiderali Alidina Trustee 28 April 2022
None on record
HUSNA KHIMJI Trustee 28 April 2022
None on record
FATIM RIYAZ BANDALI Trustee 18 April 2022
THE COUNCIL OF EUROPEAN JAMAATS
Received: On time
Dr Mubarakali Nisarhussein Janmohamed Trustee 18 April 2022
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
Hussein Jaffer Trustee 18 April 2022
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
MOHAMED ARIF RIZWAN RAILEY Trustee 01 June 2018
KHOJA SHIA ITHNA-ASHERI MUSLIM COMMUNITY (BAQUIR) LIMITED
Received: On time
Hasnain Gulamabbas Abdulrasul Bandali Trustee 01 June 2018
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 £1.89m £1.99m £1.12m £1.62m £3.25m
Total expenditure £1.19m £913.76k £1.06m £1.53m £1.89m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £25.00k £27.50k N/A N/A
Income - Donations and legacies £1.29m £1.50m £586.55k £915.09k £2.32m
Income - Other trading activities £0 £78.96k £54.40k £141.41k £173.40k
Income - Charitable activities £243.09k £183.18k £189.07k £252.47k £322.82k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £229.11k £232.60k £288.55k £307.35k £423.95k
Income - Other £126.94k £0 £0 £1.10k £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.17m £896.80k £1.03m £1.27m £1.53m
Expenditure - Raising funds £20.55k £16.95k £22.61k £258.49k £358.79k
Expenditure - Governance £0 £0 £0 £6.83k £9.71k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £9.97k £44.18k
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 £6.33m £6.58m £6.59m £12.69m £15.58m
Long-term investments £3.53m £3.53m £3.53m £0 £0
Other assets £2.34m £3.10m £3.03m £2.82m £2.60m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.69m £1.62m £1.49m £3.03m £3.16m

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 15 October 2024 On Time
Accounts and TAR 31 December 2023 15 October 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 07 September 2022 On Time
Accounts and TAR 31 December 2021 07 September 2022 On Time Download Open in new window
Annual return 31 December 2020 05 October 2021 On Time
Accounts and TAR 31 December 2020 05 October 2021 On Time Download Open in new window
Annual return 31 December 2019 10 October 2020 On Time
Accounts and TAR 31 December 2019 10 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
17 CLIFTON ROAD
BALSALL HEATH
BIRMINGHAM
B12 8SX
Phone:
01214466437