ISLAMIC EDUCATIONAL AND RECREATIONAL INSTITUTE
The principal activity of the Charity during the year was the advancement of the religion of Islam andthe education of Muslim children in accordance with the teaching of Quran and Sunnah.TEACHING OF QURANQuran classes for young children continued throughout the year.Girls school is operational and registered recognised by the DFE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net loss of £55,974 for the year, with total expenditure exceeding total income. However, unrestricted reserves stood at £2,543,341, which the trustees confirm meets their policy target of maintaining at least one month's unrestricted payments (£65,000).
What the accounts disclose
“School fee of £270,917” — page 9
“It is the charity’s policy to maintain a balance on unrestricted funds (if possible), which equates to at least one month’s unrestricted payments, equivalent to £65,000” — page 9
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ABDUL HAFIZ BHATTI
- AQIQ AKRAM KHAN
- MOHAMMAD ASHRAF KHAN
- MOHAMMAD HANIF KHAN
- Mohammed Asghar Asghar
- ZAHID HAMID ABBASI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £673k | £729k |
| 31/12/2023 | £588k | £711k |
| 31/12/2022 | £630k | £716k |
| 31/12/2021 | £415k | £534k |
| 31/12/2020 | £403k | £552k |
Common questions
Is ISLAMIC EDUCATIONAL AND RECREATIONAL INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net loss of £55,974 for the year, with total expenditure exceeding total income. However, unrestricted reserves stood at £2,543,341, which the trustees confirm meets their policy target of maintaining at least one month's unrestricted payments (£65,000). Its FY2024 accounts were independently examined.
Charities like this
- SOUTH LONDON ISLAMIC CENTRE
- CROYDON MOSQUE AND ISLAMIC CENTRE
- BAYTUL ILM TRUST
- COMMUNITY EDUCATION INSTITUTE
- SUFFAH ISLAMIC EDUCATIONAL AND COMMUNITY CENTRE
- DAR UL HADITH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ISLAMIC EDUCATIONAL AND RECREATIONAL INSTITUTE | £673k | — | 0 | above | — | no doubt |
| SOUTH LONDON ISLAMIC CENTRE | £648k | — | 0 | above | — | no doubt |
| CROYDON MOSQUE AND ISLAMIC CENTRE | £645k | — | 0 | above | — | no doubt |
| BAYTUL ILM TRUST | £375k | — | 0 | above | — | no doubt |
| COMMUNITY EDUCATION INSTITUTE | £231k | — | 0 | unclear | — | no doubt |
| SUFFAH ISLAMIC EDUCATIONAL AND COMMUNITY CENTRE | £120k | — | 0 | unclear | — | no doubt |