ALFANAR
Alfanar assists organisations in the Arab region that are improving the lives and opportunities of the communities they serve. Alfanar's partners, who may be start up or more established organisations, take enduring and entrepreneurial approaches and are committed to finding diverse ways to generate income. Alfanar provides them with a combination of financial support, advice and expertise.
Objects
a. the advancement of education and learning for the public benefit, and in particular to educate men and women and young people of all ages from a broad range of geographical, ethnic, social and economic backgrounds in the Arab world, to enable them to realise their full potential as individuals, within society as a whole; andb. the relief and prevention of poverty, in particular among socially and economically disadvantaged communities in countries in the Arab world by providing or assisting in the provision of education, training and other support designed to enable members of those communities to generate a sustainable income and be self-sufficient;provided always that nothing contained herein shall authorise or be deemed to authorise the carrying on of any activity for any purposes except those regarded as charitable by the laws of England and Wales.
Financial health, per its FY2025 accounts
The accounts state that Alfanar recorded a total income of £3.5m in FY2025, a 76% increase from the previous year, driven by major funding agreements. However, free reserves fell to £137k, which is below the Board's policy target of covering six months of projected expenditure (target range £500k), covering only two months' expenditure. The Trustees maintain that the going concern basis is appropriate, citing positive downside cash flow projections through 2027 and expected incoming funding in early 2026.
What the accounts disclose
“leaving free reserves at £137k (2024: £90k; 2023 £428k). This is below the reserves target range, covering two months’ projected expenditure.” — page 40
“Alfanar board member Cynthia Oakes, is also on the board of Alfanar Inc. In 2025, Alfanar received grants and donations from Alfanar Inc., US amounting to £196,629” — page 63
“Alfanar board member Lubna Olayan, is also on the board of Dara Management. In 2025, Alfanar received support from Dara Management amounting to £ 394,000” — page 63
“Alfanar board member Cynthia Oakes, is also on the board of Alfanar Inc. In 2025, Alfanar received grants and donations from Alfanar Inc., US amounting to £196,629” — page 63
“Alfanar board member Lubna Olayan, is also on the board of Dara Management. In 2025, Alfanar received support from Dara Management amounting to £ 394,000” — page 63
“Alfanar board member Cynthia Oakes, is also on the board of Alfanar Inc. In 2025, Alfanar received grants and donations from Alfanar Inc., US amounting to £196,629” — page 63
“Alfanar board member Lubna Olayan, is also on the board of Dara Management. In 2025, Alfanar received support from Dara Management amounting to £ 394,000” — page 63
“To further the objects of the Charity, the Trustees established a trading subsidiary ‘Beacon Social Capital’, which was incorporated on 27 December 2018 (No. 11741458). This company has yet to commence direct trading” — page 30
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £90,001–£100,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 15
- Employees paid over £60,000: 3 (£70,001–£80,000: 3)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 12
- Employees paid over £60,000: 3 (£70,001–£80,000: 2; £90,001–£100,000: 1)
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 05141908
- Trading subsidiary: BEACON SOCIAL CAPITAL LIMITED Companies House 11741458
- Issued share capital of £1
Company officers (Companies House)
- KABLAWI, Hani on trustee list
- STOITCHKOVA, Jeni not on trustee list
- SUKHTIAN, Muna not on trustee list
- ABDEL MAJEID, Joud not on trustee list
- FODA, Sherif, Mr. on trustee list
- OLAYAN, Lubna Suliman on trustee list
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- LUBNA OLAYANchair
- Evguenia Stoitchkova
- Hani Kablawi
- Joud Abdel Majeid
- Sherif Foda
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.5m | £3.3m |
| 31/12/2024 | £2.0m | £2.8m |
| 31/12/2023 | £2.5m | £2.5m |
| 31/12/2022 | £2.5m | £2.1m |
| 31/12/2021 | £2.1m | £2.0m |
Common questions
Is ALFANAR financially healthy?
Per its FY2025 accounts: The accounts state that Alfanar recorded a total income of £3.5m in FY2025, a 76% increase from the previous year, driven by major funding agreements. However, free reserves fell to £137k, which is below the Board's policy target of covering six months of projected expenditure (target range £500k), covering only two months' expenditure. The Trustees maintain that the going concern basis is appropriate, citing positive downside cash flow projections through 2027 and expected incoming funding in early 2026. Its FY2025 accounts were audited by Sayer Vincent LLP.
Who funds ALFANAR?
Funders whose own accounts filings name ALFANAR as a grant recipient include THEIRWORLD, THE ASFARI FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LIFE GENERATION LIMITED | FY2022 | Unverified read£177k | Impact Lebanon |
| THEIRWORLD | FY2022 | £60k | Global Education |
| THE ASFARI FOUNDATION | FY2023 | £60k | Youth Learning, Entrepreneurship, and Innovation |
| THEIRWORLD | FY2021 | £8k | Global Education |
| THE HOTSPUR TRUST | FY2024 | Unverified read£1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR HARRY PILKINGTON FUND | 1 | £6k |
| THE DAVID AND RUTH BEHREND FUND | 1 | £2k |
Charities like this
- AL ANSAR FOUNDATION
- ALBIRR FOUNDATION UK
- AL ANSAAR
- AL BASAR INTERNATIONAL FOUNDATION
- UK ALBANIAN MUSLIM COMMUNITY & CULTURAL CENTRE LTD
- ALTOR FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ALFANAR | £3.5m | — | — | below | — | no doubt |
| AL ANSAR FOUNDATION | £225k | — | 0 | unclear | — | no doubt |
| ALBIRR FOUNDATION UK | £757k | — | 0 | above | — | no doubt |
| AL ANSAAR | £196k | — | — | unclear | — | no doubt |
| AL BASAR INTERNATIONAL FOUNDATION | £18.6m | — | 0 | above | — | no doubt |
| UK ALBANIAN MUSLIM COMMUNITY & CULTURAL CENTRE LTD | £247k | — | 0 | below | — | no doubt |