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ABU HANEEFA EDUCATIONAL TRUST

Registered charity 1079416 · accounts filings on the Charity Commission register · also known as ABU HANEEFA TRUST

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Latest income
£1.2m
Latest spending
£944k
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £1,239,354, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £244,663 for the year, funded by donations and charitable activities, with total income exceeding £1.1 million.

What the accounts disclose

Reserves policy: three to six months' expenditure (held: £1.2m)
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Governance: The examiner notes the accounts may need qualification due to lack of audit, as the charity failed to meet audit requirements under the Charities Act.
“The accounts may need to be qualified due to the lack of audit. Audit requirements: The charity trustees have become aware that the charity’s accounts are required to be audited in accordance with the Charities Act.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.2m
Total spending
£944k
Cost of raising funds
£393k
Reserves (reported)
£0
Employees
33

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Slough

Income and spending

Financial year endIncomeSpending
31/12/2024£1.2m£944k
31/12/2023£978k£902k
31/12/2022£896k£752k
31/12/2021£734k£626k
31/12/2020£547k£522k

Common questions

Is ABU HANEEFA EDUCATIONAL TRUST financially healthy?

The accounts state that unrestricted reserves stood at £1,239,354, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £244,663 for the year, funded by donations and charitable activities, with total income exceeding £1.1 million. Its FY2024 accounts were independently examined.