GREEN LANE MASJID AND COMMUNITY CENTRE
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £401,483 for the year, with total incoming resources of £5,380,031 against expenditures of £5,048,978. Per the trustees' report, unrestricted reserves stood at £5,029,448, with free reserves calculated at £2,245,028, which exceeds the stated policy target of four months' operational expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern.
What the accounts disclose
“Green Lane Masjid and Community Centre has set its reserves at approximately four months operational expenditure.” — page 50
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.4m | £5.0m |
| 31/12/2023 | £5.0m | £4.8m |
| 31/12/2022 | £4.8m | £4.5m |
| 31/12/2021 | £4.7m | £3.6m |
| 31/12/2020 | £3.6m | £3.2m |
Common questions
Is GREEN LANE MASJID AND COMMUNITY CENTRE financially healthy?
The accounts state that the charity generated a surplus of £401,483 for the year, with total incoming resources of £5,380,031 against expenditures of £5,048,978. Per the trustees' report, unrestricted reserves stood at £5,029,448, with free reserves calculated at £2,245,028, which exceeds the stated policy target of four months' operational expenditure. The auditor confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern. Its FY2024 accounts were audited by Dains Audit Limited.