THE AKHTER EDUCATIONAL FOUNDATION
THE CREATION, MAINTENANCE AND FUNDING OF GRANTS,BURSARIES, SCHOLARSHIPS, PRIZES AND REWARDS FOR YOUNG CHILDREN IN ANY PART OF THE WORLD FOR THE ADVANCEMENT OF THEIR EDUCATION AND GOOD STANDARDS OF STUDY.
Objects
THE CREATION MAINTENANCE AND FUNDING OF GRANTS, BURSARIES, SCHOLARSHIPS, PRIZES AND REWARDS FOR THE ADVANCEMENT FOR THE BENEFIT OF THE PUBLIC ON THE EDUCATION OF ORPHANED MOSLEM CHILDREN IN ANY PART OF THE WORLD WHO HAVE ACHIEVED OR WISH TO ACHIEVE A GOOD STANDARD OF ISLAMIC STUDY AND OTHER SUCH ORPHANED CHILDREN WHOSE GUARDIANS INTEND THAT THEY SHOULD CONTINUE WITH THEIR ISLAMIC STUDIES AND FOR EDUCATIONAL AND THE PROMOTION OF THE RELIGIOUS PURPOSES OF THE ISLAMIC FAITH GENERALLY
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves stood at £259,514.96, significantly exceeding the previous year's figure of £116,664.13. The charity reported a surplus of £145,740.62 for the year, funded by voluntary income of £183,684.62 against fundraising costs of £37,944. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Charitable activities 183,684.62” — page 11
“The Charity aims to build reserve which will enable it to meet its average annual operational need.” — page 5
Policies the charity declares
- Complaints handling
- Conflicting interests
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
- Dr Wassim Mughal
- HUMAYUN AKHTER MUGHAL
- Nadia Mughal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2026 | £184k | £38k |
| 30/06/2025 | £153k | £75k |
| 30/06/2024 | £72k | £112k |
| 30/06/2023 | £91k | £69k |
| 30/06/2022 | £80k | £80k |
Common questions
Is THE AKHTER EDUCATIONAL FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves stood at £259,514.96, significantly exceeding the previous year's figure of £116,664.13. The charity reported a surplus of £145,740.62 for the year, funded by voluntary income of £183,684.62 against fundraising costs of £37,944. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2026 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RANDEREE CHARITABLE TRUST | 1 | £91k |
| MAYFAIR CHARITIES LIMITED | 1 | £21k |
Charities like this
- HUMAN PRACTICE FOUNDATION UK
- AL RISALAH EDUCATION TRUST
- AZHAR ACADEMY
- THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED
- BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
- BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE AKHTER EDUCATIONAL FOUNDATION | £184k | — | 0 | unclear | — | no doubt |
| HUMAN PRACTICE FOUNDATION UK | £184k | — | 0 | unclear | — | no doubt |
| AL RISALAH EDUCATION TRUST | £1.5m | — | 0 | unclear | — | no doubt |
| AZHAR ACADEMY | £3.4m | — | 0 | unclear | — | no doubt |
| THE CHOIR SCHOOLS ASSOCIATION BURSARY TRUST LIMITED | £322k | — | 0 | within | — | no doubt |
| BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS | £110k | — | 0 | unclear | — | no doubt |