ISLAMIC NETWORK
Our aim is to empower and support community organisations with programmes that help them to engage and nurture young people of faith and no faith on a weekly basis in their community. We do this through a bespoke training and coaching programme that addresses the local needs of young people in each community.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing of resources of £4,612 for the year ended 31 December 2024, resulting in a decrease in unrestricted fund balances from £23,660 to £19,048. The balance sheet indicates that current liabilities of £720 exceeded current assets of £19,769, leading to a net current asset position that contributed to the overall fund balance. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting requirements.
What the accounts disclose
Trustees
- Jameil Chaudhrychair
- AMIR MALIK
- Rejaul Islam
- Rukasana Bhaijee
- Sumir Akhtar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £188k | £192k |
| 31/12/2023 | £135k | £112k |
| 31/12/2022 | £132k | £121k |
| 31/12/2021 | £139k | £128k |
| 31/12/2020 | £86k | £89k |
Common questions
Is ISLAMIC NETWORK financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing of resources of £4,612 for the year ended 31 December 2024, resulting in a decrease in unrestricted fund balances from £23,660 to £19,048. The balance sheet indicates that current liabilities of £720 exceeded current assets of £19,769, leading to a net current asset position that contributed to the overall fund balance. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting requirements. Its FY2024 accounts were independently examined.
Charities like this
- JAMIA ISLAMIA (ISLAMIC STUDIES CENTRE) TRUST
- MADINA-TUL-ULOOM AL ISLAMIYA
- ISLAMIC ASSOCIATION OF NORTH LONDON
- ISLAMIA SCHOOLS LIMITED
- ORGANISATION OF CULTURE AND CHARACTER
- ISLAMIC SHAKHSIYAH FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ISLAMIC NETWORK | £188k | — | 0 | unclear | — | no doubt |
| JAMIA ISLAMIA (ISLAMIC STUDIES CENTRE) TRUST | £395k | — | 0 | above | — | no doubt |
| MADINA-TUL-ULOOM AL ISLAMIYA | £1.1m | — | 0 | unclear | — | no doubt |
| ISLAMIC ASSOCIATION OF NORTH LONDON | £1.5m | — | 0 | unclear | — | no doubt |
| ISLAMIA SCHOOLS LIMITED | £2.1m | £60,001 - £70,000 | 1 | unclear | — | noted |
| ORGANISATION OF CULTURE AND CHARACTER | £1.5m | — | 0 | unclear | — | no doubt |