DAR ALHEKMA TRUST
The charity is established by a trust deed. The objectives for which the charity is established are to advance the Islamic religion and education as well as poverty relief
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds decreased from £3,923,052 to £3,547,073, primarily due to a £748,000 revaluation loss on tangible fixed assets and a net expenditure on charitable activities exceeding income. Despite this reduction, the charity holds significant unrestricted reserves and the trustees confirm adequate resources for future operations.
What the accounts disclose
Trustees
- Dr Ali Alfaraj
- Dr saeed shehabi
- Hasan Abdulla
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £101k | £157k |
| 31/12/2023 | £123k | £172k |
| 31/12/2022 | £109k | £160k |
| 31/12/2021 | £113k | £137k |
| 31/12/2020 | £98k | £138k |
Common questions
Is DAR ALHEKMA TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds decreased from £3,923,052 to £3,547,073, primarily due to a £748,000 revaluation loss on tangible fixed assets and a net expenditure on charitable activities exceeding income. Despite this reduction, the charity holds significant unrestricted reserves and the trustees confirm adequate resources for future operations. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | £84k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
Charities like this
- ELRAHMA CHARITY TRUST
- THE DAKRI CHARITABLE TRUST
- THE LADY FATEMAH (A.S.) CHARITABLE TRUST
- ALYMOS LTD
- DARUL-ARQAM EDUCATIONAL TRUST
- DABBAGH WELFARE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAR ALHEKMA TRUST | £101k | — | 0 | unclear | — | no doubt |
| ELRAHMA CHARITY TRUST | £798k | — | 0 | unclear | — | no doubt |
| THE DAKRI CHARITABLE TRUST | £113k | — | 0 | within | 24.4% | no doubt |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | £4.1m | — | 0 | below | — | no doubt |
| ALYMOS LTD | £401k | — | 0 | above | — | no doubt |
| DARUL-ARQAM EDUCATIONAL TRUST | £478k | — | 0 | unclear | — | noted |