RAEDAN INSTITUTE
For the public benefit in such ways as the charity trustees think fit for the people of Leicestershire and those in need: Obj 1: To promote the education of people.Obj 2: To promote and support the Health & Well-being of the general public in the interests of social welfare, with the aim of improving their conditions of life.Obj 3:The prevention or relief of poverty for the public benefit.
Objects
“3. ObjectsThe objects of the RI are3.1 for the public benefit in such ways as the charity trustees think fit for people living in the midlands of the UK and in particular Leicestershire: 3.1.1 to promote the education of people by providing educational services in different subjects; and/or 3.1.2 to provide facilities for recreation or other leisure time occupation for the members of the public in the interests of social welfare, with the objective of improving their conditions of life; and/or 3.1.3 to promote the preservation of mental health and to assist in relieving persons suffering from mental disorders or conditions of emotional or mental distress; and/or 3.1.4 to relieve emotional distress caused by the break-up of family relationships by the promotion of centres, support facilities and other ancillary and associated services. 3.2 for the public benefit, the relief of those in need anywhere in the world by reason of financial hardship or poverty including, but not limited to providing food packs, debt relief and financial support and such other services for those in need as the trustees may determine
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £182,050, up from £120,375 in the prior year, driven by total incoming resources of £295,142 against resources expended of £233,468. The charity holds tangible fixed assets and investments with a net book value of £119,961 and maintains positive net current assets of £62,089. Per the trustees' report, the charity is continuing to expand its teaching activities and has developed systems to monitor and control major risks.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- 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
Trustees
- MR M SIDATchair
- Adam Dhorat
- Mizba Shaikh
- Muhammad Ibraheem Moinuddin Kolia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £295k | £233k |
| 31/03/2024 | £223k | £190k |
| 31/03/2023 | £149k | £96k |
| 31/03/2022 | £168k | £137k |
| 31/03/2021 | £139k | £135k |
Common questions
Is RAEDAN INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £182,050, up from £120,375 in the prior year, driven by total incoming resources of £295,142 against resources expended of £233,468. The charity holds tangible fixed assets and investments with a net book value of £119,961 and maintains positive net current assets of £62,089. Per the trustees' report, the charity is continuing to expand its teaching activities and has developed systems to monitor and control major risks. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 09/06/2011 | £10k | Piece - Initiative |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FOOTBALL FOUNDATION | 1 | £550k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £178k |
| THE ACCESS TO JUSTICE FOUNDATION | 1 | £173k |
| NORTHAMPTONSHIRE COMMUNITY FOUNDATION | 1 | £20k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £3k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| CIVIC POWER FUND | 1 | £1k |
| R. DAPHNE PLUNKET CHARITABLE TRUST | 1 | £500 |
Charities like this
- CITIZENS ADVICE LEICESTERSHIRE
- VOLUNTARY ACTION RUTLAND
- READING FC COMMUNITY TRUST
- ZEST-HEALTH FOR LIFE LIMITED
- CITIZENS ADVICE LIVERPOOL LIMITED
- SUPPORT NORTHAMPTONSHIRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RAEDAN INSTITUTE | £295k | — | 0 | unclear | — | no doubt |
| CITIZENS ADVICE LEICESTERSHIRE | £1.7m | — | — | below | — | no doubt |
| VOLUNTARY ACTION RUTLAND | £277k | — | 0 | unclear | — | no doubt |
| READING FC COMMUNITY TRUST | £2.4m | — | — | above | — | no doubt |
| ZEST-HEALTH FOR LIFE LIMITED | £395k | — | 0 | within | — | noted |
| CITIZENS ADVICE LIVERPOOL LIMITED | £4.3m | — | 0 | within | — | no doubt |