Finance Score: -5
Governance Score: 3
Support Score: 0
  • Accounts filed more than 5 days late: -3 times
  • Spending declining: -1
  • Volatile income
  • spending growth: -1
  • Good trustee age range: +3
  • No supporters identified
Overall GiG Score: -2 ?

THE WORLD MEMON ORGANISATION CHARITABLE FOUNDATION 

Assisting and promoting the religious, technical and professional, general and further education of Memons including education concerning the cultural and religious identity, customs and language of the world wide Memon community.
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of age

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

  • Accounts have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended
  • Spending is declining
  • Income has been volatile recently but spending has been maintained

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/22£508£526£-17£0£3,351£1603.600
31/12/21£690£738£-48£61£721£4847.91010
31/12/20*£637£597£40£0£607£53910.8010
31/12/19*£446£435£11n/an/an/an/an/a10
31/12/18*£1,057£1,074£-17£1,074£1,186£1,18613.2025
31/12/17*£837£812£25£0£374£260.400
31/12/16£536£579£-43£0£301£-75-1.600
31/12/15*£359£193£165£0£0£0n/a00
31/12/14*£153£255£-103£0£0£0n/a00
31/12/13£327£360£-32£0£0£0n/a00
31/12/12*£131£45£86£0£0£0n/a00
31/12/11£56£12£44£0£0£0n/a00
31/12/10*£135£189£-55£0£0£0n/a00
31/12/09£138£130£8£0£0£0n/a00
31/12/08?*£2,843£2,867£-24£2,867£464£4641.900
31/12/06*£21£5£16£0£0£0n/a00
31/12/05*£473£178£295£0£0£0n/a00
31/12/04*£476£139£336£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 3%
Unrestricted Funds/Total Funds: 5%
Reserves/Spending: 3.6 months
Net Current Assets/Spending: 76 months
Quick Ratio: 204.2
Asset Split ?
Established: 20 years

https://wmoworld.org/

ecaccounts@wmoworld.org

07792028509

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Amateur Sport
  • Arts/Culture/Heritage/Science
  • Disability
  • Economic/Community Development/Employment
  • Education/Training
  • Environment/Conservation/Heritage
  • General Charitable Purposes
  • Overseas Aid/Famine Relief
  • Religious Activities
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Muslim religious associations
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Individuals
  • Makes Grants to Organisations
  • Provides buildings/facilities/open space
  • Provides human resources
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)
Current Trustees appointed

Age Range of Trustees: 45-70
Legal constitution
  • Charitable company registered in England & Wales on 08/01/2004, number: 1101413
  • Registered at Companies House on 03/12/2003, number: 04984474
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
18 returns made; AR20: 79 days late, AR19: 136 days late, AR18: 40 days late, AR17: 58 days late, AR15: 145 days late, AR14: 10 days late, AR12: 6 days late, AR10: 116 days late, AR08: 162 days late, AR06: 189 days late, AR05: 84 days late, AR04: 17 days late,
Main office

Memon Centre
3 Weir Road
LONDON
SW12 0LT

Objectives

1. THE OBJECTS OF THE WMO (THE OBJECTS”) ARE, THROUGHOUT THE WORLD SPECIFICALLY RESTRICTED TO PROMOTING AND ADVANCING: 1.1 THE RELIGIOUS, TECHNICAL AND PROFESSIONAL, GENERAL AND FURTHER EDUCATION OF ALL MEMONS IN PARTICULAR AND ALL MUSLIMS IN GENERAL INCLUDING BUT NOT RESTRICTED TO EDUCATION CONCERNING THE CULTURAL AND RELIGIOUS IDENTITY, CUSTOMS AND LANGUAGE OF THE WORLD WIDE MEMON COMMUNITY; 1.2 THE RELIEF OF POVERTY, SICKNESS, DISTRESS AND SUFFERING OF ANY PERSONS WHO ARE IN NEED IRRESPECTIVE OF THEIR RACE, CASTE, NATIONALITY AND CREED BUT WITH A PREFERENCE FOR MEMONS OVER NON-MEMONS; 1.3 THE PROVISION OF RECREATIONAL FACILITIES AND ACTIVITIES IN THE INTERESTS OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THOSE MEMONS AND NON-MEMONS IN NEED OF SUCH FACILITIES; 1.4 THE ADVANCEMENT OF THE FAITH AND RELIGIOUS PRACTICES OF ISLAM IN ACCORDANCE WITH THE QUR’AN AND THE SUNNAH, AMONGST THE WORLD WIDE MEMON COMMUNITY IN PARTICULAR AND MEMBERS OF THE GENERAL PUBLIC IN GENERAL; 1.5 THE ADVANCEMENT OF RELIGIOUS HARMONY FOR THE BENEFIT OF THE PUBLIC BY:(A) PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING BETWEEN DIFFERENT RELIGIOUS AND RACIAL GROUPS;(B) ADVANCING EDUCATION AND RAISING AWARENESS ABOUT DIFFERENT RELIGIOUS AND RACIAL GROUPS IN ORDER TO PROMOTE GOOD RELATIONS BETWEEN PERSONS BELONGING TO DIFFERENT RELIGIOUS AND RACIAL GROUPS(C) WORKING TOWARDS THE ELIMINATION OF DISCRIMINATION ON THE GROUNDS OF RELIGION AND RACE; AND1.6 SUCH OTHER CHARITABLE OBJECTS AS THE BOARD OF TRUSTEES MAY FROM TIME TO TIME THINK FIT FOR THE BENEFIT OF THE WORLD WIDE MEMON COMMUNITY, PROVIDED ALWAYS THAT THESE ARE IN HARMONY WITH THE QUR’AN AND THE SAHIH HADITHS.

Defined Area of Benefit:

THROUGHOUT THE WORLD.

Data Sources

Charity Commission for England and Wales
CharityBase
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