AL-MANAR CENTRE TRUST
Religious, Educational and Charitable Activities.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £305,671, which the trustees confirm were maintained at a level equating to approximately 3 to 6 months of unrestricted expenditure, consistent with their stated reserves policy. The charity reported a net movement in funds of £56,144 for the year, increasing total funds from £249,527 to £305,671. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable regulations.
What the accounts disclose
“Voluntary income 142,905”
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately 3 to 6 months unrestricted expenditure.” — page 11
Charity Commission inquiry
“The inquiry found that the chair failed to adequately review the Video prior to sharing it on the charity’s Facebook page.”
Regulator actions
inquiry report: Charity Commission Inquiry into Al-Manar Centre Trust
Trustees
- Barak Albayatychair
- ABDELATI FERGANI
- Dr Assem Youssef Elsabeeny
- Dr NASIR GOURASHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £161k | £105k |
| 31/12/2023 | £151k | £130k |
| 31/12/2022 | £107k | £68k |
| 31/12/2021 | £137k | £98k |
| 31/12/2020 | £120k | £76k |
Common questions
Is AL-MANAR CENTRE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £305,671, which the trustees confirm were maintained at a level equating to approximately 3 to 6 months of unrestricted expenditure, consistent with their stated reserves policy. The charity reported a net movement in funds of £56,144 for the year, increasing total funds from £249,527 to £305,671. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable regulations. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £5k |
| THE KUPAH CHARITABLE TRUST | 1 | £5k |
| PARKLAKE CHARITY TRUST | 1 | £2k |
Charities like this
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- AL-MUNTAZIR TRUST UK
- SWORD OF THE SPIRIT MINISTRIES
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH
- BRITISH FRIENDS OF DARCHE NOAM
- TOIMCHEI SHABBOS MANCHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AL-MANAR CENTRE TRUST | £161k | — | 0 | within | — | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |
| AL-MUNTAZIR TRUST UK | £136k | — | 0 | above | — | no doubt |
| SWORD OF THE SPIRIT MINISTRIES | £144k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF DARCHE NOAM | £139k | — | 0 | unclear | — | no doubt |