THE ISLAMIC ACADEMY OF MANCHESTER
Friday congregation & five times daily prayer services, daily after school Quranic classes for children, adult Quranic (Arabic) classes, chaplaincy services to hospitals & prisons, marriages and social welfare services to communities. We seek to advance education and relieve poverty and to provide facilities for social welfare including recreational activities for the betterment of our society.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £1,445,850, up from £1,420,421 in the prior year, driven by net income of £25,429. The charity holds significant tangible fixed assets valued at £1,416,649, primarily freehold property, while maintaining relatively low current liabilities of £3,783.
What the accounts disclose
Trustees
- Mohammed Atif Hamidchair
- Dr Mohammed Riaz Akhtar
- Mohammad Farooq
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £145k | £119k |
| 31/12/2023 | £171k | £76k |
| 31/12/2022 | £144k | £89k |
| 31/12/2021 | £117k | £110k |
| 31/12/2020 | £83k | £82k |
Common questions
Is THE ISLAMIC ACADEMY OF MANCHESTER financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £1,445,850, up from £1,420,421 in the prior year, driven by net income of £25,429. The charity holds significant tangible fixed assets valued at £1,416,649, primarily freehold property, while maintaining relatively low current liabilities of £3,783. Its FY2024 accounts were independently examined.
Charities like this
- MADINA MOSQUE AND COMMUNITY CENTRE
- JAMIAT-UL-MUSLEMEEN QUWAT-UL-ISLAM MASJED
- KASIM BIN MOHAMMED AL-THANI
- MORDEN ISLAMIC CENTRE
- JAMIAT UL MUSLIMIN, MANCHESTER
- ISLAMIC CENTRE OF ENGLAND LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ISLAMIC ACADEMY OF MANCHESTER | £145k | — | 0 | unclear | — | no doubt |
| MADINA MOSQUE AND COMMUNITY CENTRE | £441k | — | 0 | above | 6.0% | no doubt |
| JAMIAT-UL-MUSLEMEEN QUWAT-UL-ISLAM MASJED | £388k | — | 0 | unclear | — | no doubt |
| KASIM BIN MOHAMMED AL-THANI | £535k | — | 0 | unclear | — | no doubt |
| MORDEN ISLAMIC CENTRE | £925k | — | 0 | unclear | — | no doubt |
| JAMIAT UL MUSLIMIN, MANCHESTER | £1.4m | — | 0 | unclear | — | no doubt |