Charity Accounts Intelreading the accounts so you don’t have to

THE CAMBRIDGE MUSLIM TRUST

Registered charity 1125964 · accounts filings on the Charity Commission register · also known as CAMBRIDGE ISLAMIC CENTRE AND MASJID AL-IKHLAS, CAMBRIDGE MUSLIMS · listed website unreachable when last crawled

Latest income
£547k
Latest spending
£308k
Registered
2008
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £238,600 for the year ended 31 December 2024, with total income of £546,848 and total expenditure of £308,249. The trustees note that while reserves cover 3.2 months of operating expenses, this level is currently below what is needed for long-term sustainability given growth and rising costs.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“We achieved our 3month reserve target (currently 3.2 months). However, given our growth and rising costs, this remains below the level needed for long-term sustainability.” — page 42
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£547k
Total spending
£308k
Reserves (reported)
£63k
Employees
0

Reported reserves equal ~2.4 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Bedford · Cambridgeshire · Central Bedfordshire · Essex · Hertfordshire · Norfolk · Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2024£547k£308k
31/12/2023£384k£269k
31/12/2022£581k£118k
31/12/2021£260k£69k
31/12/2020£68k£53k

Common questions

Is THE CAMBRIDGE MUSLIM TRUST financially healthy?

The accounts state that the charity reported a surplus of £238,600 for the year ended 31 December 2024, with total income of £546,848 and total expenditure of £308,249. The trustees note that while reserves cover 3.2 months of operating expenses, this level is currently below what is needed for long-term sustainability given growth and rising costs. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION.