AHLULBAYT CULTURAL CENTRE
Provide religious education, Festive and Other Religious Activities, Financial Assistance for the needy/poor/orphons/handicaps and Collection of funds to meet these special projects in and outside the community within UK or Overseas.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased to £54,918 from £67,953 in the prior year, following a net expenditure of £13,035. The trustees consider that current levels of reserves are sufficient to maintain activities and mitigate risks, noting that systems are in place to mitigate exposure to major risks. The charity received total income of £72,502 against total spending of £85,537 for the year ended 31 December 2024.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be kept at a level sufficient to maintain the level of activities and facilities.” — page 7
“Related party transactions The charity operates from 35 Hanover Square, Leeds which is a property owned and controlled by the family of S.Ali, the use of this property has been on a rent-free, no obligation basis.”
Trustees
- Hussain Abdul-Ameer
- Safaa Ali
- Zena Al-Mausawe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £86k |
| 31/12/2023 | £89k | £106k |
| 31/12/2022 | £64k | £52k |
| 31/12/2021 | £38k | £23k |
| 31/12/2020 | £97k | £86k |
Common questions
Is AHLULBAYT CULTURAL CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased to £54,918 from £67,953 in the prior year, following a net expenditure of £13,035. The trustees consider that current levels of reserves are sufficient to maintain activities and mitigate risks, noting that systems are in place to mitigate exposure to major risks. The charity received total income of £72,502 against total spending of £85,537 for the year ended 31 December 2024. Its FY2024 accounts were independently examined.