CENTRE FOR SPIRITUALITY AND CULTURAL ADVANCEMENT
TO ENGAGE IN CHARITABLE ACTIVITIES BOTH NATIONALLY AND ABROAD WITH THE PURPOSE OF ALLEVIATING HUMAN SUFFERING WHETHER IT IS SOCIAL, EMOTIONAL OR PHYSICAL.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,086,721, which significantly exceeds its stated policy target of three months of unrestricted expenditure. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, citing a strong asset base and cash reserves.
What the accounts disclose
“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 three months unrestricted expenditure.” — page 4
Property (HM Land Registry)
Trustees
- SHAYKH HISHAM MOHAMED KABBANIchair
- FARZANA KOSAR
- Nazem Kabbani
- OMAR KABBANI
- Sajeda Kabbani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £47k | £44k |
| 31/03/2024 | £11k | £25k |
| 31/03/2023 | £15k | £41k |
| 31/03/2022 | £37k | £56k |
| 31/03/2021 | £143k | £100k |
Common questions
Is CENTRE FOR SPIRITUALITY AND CULTURAL ADVANCEMENT financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,086,721, which significantly exceeds its stated policy target of three months of unrestricted expenditure. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future, citing a strong asset base and cash reserves. Its FY2025 accounts were independently examined.