ISLAMIC DA'AWAH ACADEMY
Financial health, per its FY2025 accounts
The accounts state that total funds increased significantly to £32m, predominantly due to the revaluation of buildings, with unrestricted funds at £4.1m. The trustees report that the charity aims to maintain reserves of approximately four months of operating expenses, holding circa £250,000 for this purpose, while the remainder of the balance is designated for significant capital expenditure projects.
What the accounts disclose
“The IDA aims to maintain reserve funds to cover approximately four months of future operating expenses. Based on this policy the reserves of circa £250,000 were held during the financial period.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- AHMED ALI DHORAT
- AYAZ SIDAT
- ISMAIL DHORAT
- MOHMED SALIM DHORAT
- SULEMAN DAWOOD ALI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.7m |
| 31/03/2024 | £1.8m | £1.3m |
| 31/03/2023 | £1.7m | £1.6m |
| 31/03/2022 | £1.3m | £1.1m |
| 31/03/2021 | £995k | £923k |
Common questions
Is ISLAMIC DA'AWAH ACADEMY financially healthy?
The accounts state that total funds increased significantly to £32m, predominantly due to the revaluation of buildings, with unrestricted funds at £4.1m. The trustees report that the charity aims to maintain reserves of approximately four months of operating expenses, holding circa £250,000 for this purpose, while the remainder of the balance is designated for significant capital expenditure projects. Its FY2025 accounts were audited by NAMS Accountants Ltd.