REDBRIDGE ISLAMIC CENTRE
Provides religious services to the Muslim community in order to promote Islamic culture and teachings to foster better understanding, tolerance, diversity, peace and social cohesion. Provides humanitarian service to people affected by war, flood, famine and other natural disaster and to alleviate poverty. Offer advice, information, help and support to wider community to promote community relation
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £187,446 for the year ended 31 December 2024, increasing its total net assets to £3,144,861. The trustees report that free reserves of £750,000 exceed their stated policy target of six months' expenditure (approximately £215,000). The financial position is described as healthy, with reserves considered adequate for future uncertainties.
What the accounts disclose
“Wages and salaries 165,001”
“Wages and salaries 165,001”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ABUL KHAYAR ALIchair
- Basharat Hamzah Hameed
- Faheed Ramzan
- MD MAHFOZOR RAHMAN BHUIYAN
- MOHAMMED FARUQUE AHMED
- Oli Uddin
- Shah Abdul Sadek
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £510k | £323k |
| 31/12/2023 | £571k | £375k |
| 31/12/2022 | £586k | £337k |
| 31/12/2021 | £340k | £209k |
| 31/12/2020 | £175k | £178k |
Common questions
Is REDBRIDGE ISLAMIC CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £187,446 for the year ended 31 December 2024, increasing its total net assets to £3,144,861. The trustees report that free reserves of £750,000 exceed their stated policy target of six months' expenditure (approximately £215,000). The financial position is described as healthy, with reserves considered adequate for future uncertainties. Its FY2024 accounts were independently examined.
What does the highest-paid employee of REDBRIDGE ISLAMIC CENTRE earn?
Per its FY2024 accounts, the highest-paid employee was in the £150,001 - £160,000 band, and 1 employees earned over £60,000.
Charities like this
- MARKAZ UD DAWAT WAL IRSHAD LONDON UK MUSLIM COMMUNITY CENTRE
- BOW MUSLIM COMMUNITY CENTRE
- SOUTH LONDON ISLAMIC CENTRE
- MADINA MOSQUE AND COMMUNITY CENTRE
- ISLAMIC CENTRE OF ENGLAND LIMITED
- ISLAMIC ASSOCIATION OF NORTH LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| REDBRIDGE ISLAMIC CENTRE | £510k | £150,001 - £160,000 | 1 | above | — | no doubt |
| MARKAZ UD DAWAT WAL IRSHAD LONDON UK MUSLIM COMMUNITY CENTRE | £358k | — | 0 | above | — | no doubt |
| BOW MUSLIM COMMUNITY CENTRE | £183k | — | 0 | above | — | no doubt |
| SOUTH LONDON ISLAMIC CENTRE | £648k | — | 0 | above | — | no doubt |
| MADINA MOSQUE AND COMMUNITY CENTRE | £441k | — | 0 | above | 6.0% | no doubt |
| ISLAMIC CENTRE OF ENGLAND LIMITED | £635k | — | 0 | unclear | — | no doubt |