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.

Objects

1 TO ADVANCE EDUCATION GENERALLY AND THE EDUCATION OF MUSLIMS, PROVIDING EDUCATIONAL SERVICES ON A FULL TIME OR PART TIME BASIS TO PEOPLE OF ALL AGES. SUPPORT AND PROVIDE MUSLIMS IN THE PURSUIT OF TRADITIONAL ISLAMIC KNOWLEDGE WITH RECOURSE TO CLASSICAL SOURCES.2 THE ESTABLISHMENT MAINTAINING AND MANAGEMENT OF BUILDINGS IN ORDER TO FULFIL THE OBJECTIVES SET OUT IN THIS CLAUSE.3 ANY CHARITABLE PURPOSES FOR GENERAL BENEFIT OF THE PEOPLE LIVING IN COVENTRY AND THE UNITED KINGDOM AS THE TRUSTEES SHALL THINK FIT.

Area of benefit: COVENTRY AND THE UNITED KINGDOM

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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.