ISLAMIC ACADEMY OF COVENTRY (IAC)

Registered charity 1124362 · accounts filings on the Charity Commission register

The Islamic Academy Of Coventry was established as a resource for Islamic knowledge for all Muslims regardless of background, creed or culture. IAC intends to be a centre of learning in the heart of Coventry.

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

Latest income
£38k
Latest spending
£28k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £10,545 for the year, resulting in total unrestricted funds of £423,974. The trustees' reserves policy is to spend all unrestricted funds on charitable activities in any given year, maintaining a small surplus for stability. The independent examiner confirmed that no matters came to their attention requiring further explanation.

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

What the accounts disclose

Reserves policy: spend all unrestricted funds on charitable activities in any given year (held: £424k)
The trustees' reserves policy is to spend all unrestricted funds on charitable activities in any given year. — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Islamic Academy of Coventry (matched by registered charity number).

Trustees · trustee networks

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

Operates in: Coventry City

Income and spending

Financial year endIncomeSpending
31/12/2024£38k£28k
31/12/2023£39k£26k
31/12/2022£163k£18k
31/12/2021£34k£6k
31/12/2020£32k£8k

Common questions

Is ISLAMIC ACADEMY OF COVENTRY (IAC) financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £10,545 for the year, resulting in total unrestricted funds of £423,974. The trustees' reserves policy is to spend all unrestricted funds on charitable activities in any given year, maintaining a small surplus for stability. The independent examiner confirmed that no matters came to their attention requiring further explanation. Its FY2024 accounts were independently examined.