Quba Islamic Foundation
RELIGIOUS ACTIVITIES,EDUCATION. ADVISE AND SUPPORT, RECREATIONAL SERVICES, HEALTH PROMOTION
Objects
A) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES FOR THE ADVANCEMENT OF EDUCATION AND IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;B) TO RELIEVE POVERTY, SICKNESS AND DISTRESS, AND TO ADVANCE EDUCATION FOR THE BENEFIT OF PEOPLE IN SOMALIA AND THE SOMALI COMMUNITY IN THE UK;C) TO PROMOTE ANY OTHER CHARITABLE PURPOSES THAT THE TRUSTEES FROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net incoming resource of £111,890 for the year, increasing its total unrestricted funds to £123,234. The trustees maintain a reserves policy of twelve months of unrestricted expenditure, and the current unrestricted balance of £123,234 is significantly below this target. The charity is operated on a going concern basis with no material uncertainties identified.
What the accounts disclose
“The charity reserves policy is to maintain unrestricted funds at a level which equates to approximately twelve months unrestricted expenditure.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Abubakar Jama Egalchair
- Jama Osman Egal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £244k | £132k |
| 31/03/2024 | £184k | £173k |
| 31/03/2023 | £107k | £107k |
| 31/03/2022 | £96k | £137k |
| 31/03/2021 | £148k | £86k |
Common questions
Is Quba Islamic Foundation financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net incoming resource of £111,890 for the year, increasing its total unrestricted funds to £123,234. The trustees maintain a reserves policy of twelve months of unrestricted expenditure, and the current unrestricted balance of £123,234 is significantly below this target. The charity is operated on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 30/07/2020 | £10k | Coronavirus Community Support Fund |