LONDON COLNEY ISLAMI CENTRE ST ALBANS

Registered charity 1105092 · accounts filings on the Charity Commission register · also known as LONDON COLNEY ISLAMI CENTRE

Educational and religious activities provided for local muslim community

Causes: Education/training · Religious Activities · Get email alerts

Latest income
£30k
Latest spending
£35k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net movement in funds of (4,943) GBP, resulting in unrestricted reserves of 53,051 GBP. The trustees' report indicates that current reserves are adequate based on their knowledge and experience, despite the deficit for the year. The charity holds significant fixed assets (tangible assets) valued at 187,172 GBP against long-term liabilities of 136,250 GBP.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: twelve months ahead (held: £53k)
The Trustees have resolved to establish over the next few years reserves to provide for future activities, and to provide funding for the expected expenditure for twelve months ahead. — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£30k£35k
31/12/2023£20k£27k
31/12/2022£20k£27k
31/12/2021£27k£29k
31/12/2020£26k£29k

Common questions

Is LONDON COLNEY ISLAMI CENTRE ST ALBANS financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of (4,943) GBP, resulting in unrestricted reserves of 53,051 GBP. The trustees' report indicates that current reserves are adequate based on their knowledge and experience, despite the deficit for the year. The charity holds significant fixed assets (tangible assets) valued at 187,172 GBP against long-term liabilities of 136,250 GBP. Its FY2024 accounts were independently examined.