THE RIBAT INSTITUTE
Our charity's activities include providing classes and lectures and social programmes. We have established a children's academic program and an adult education program in Surrey. In addition, we run a number of community activities including free meals to the homeless, a free gardening service for the elderly and running and maintaining a community allotment.
Financial health, per its FY2024 accounts
The charity reported a net income of £227,555 for the year ended 31 December 2024, resulting in total funds carried forward of £832,334. The accounts state that the charity operates a defined contribution pension scheme and holds controlling interests in four trading subsidiaries. No material uncertainties or governance issues were identified by the independent examiner.
What the accounts disclose
“The other debtors represents a loan given to Organic Beginnings Limited, Conquest Trading Limited, Cantab Leisure Limited, and Sihha Limited. The Ribat Institute holds a controlling interest in these trading entities. Any profits generated by Organic Beginnings Limited, Conquest Trading Limited, Cantab Leisure Limited, and Sihha Limited are donated back to the charity.” — page 12
“The other debtors represents a loan given to Organic Beginnings Limited, Conquest Trading Limited, Cantab Leisure Limited, and Sihha Limited. The Ribat Institute holds a controlling interest in these trading entities.” — page 12
Corporate structure
- Trading subsidiary: ORGANIC BEGINNINGS LIMITED Companies House 08867906 · Financial health read from its filings
- Trading subsidiary: CANTAB LEISURE LIMITED Companies House 09077150 · Financial health read from its filings
- Trading subsidiary: CONQUEST TRADING LIMITED Companies House 10043962 · Financial health read from its filings
- Profit before tax: £-80k
- Amounts owed to group undertakings 194,025
- Profit before tax: £-5k
- Donated/gift-aided to the charity: £319k
- Creditors include £319,282 owed to group undertakings (2024: £255,788).
“was owing £319,282 to The Ribat Institute all under common control”
Property (HM Land Registry)
Trustees
- Hamid Masudchair
- Wajid Sohail
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £457k | £229k |
| 31/12/2023 | £387k | £300k |
| 31/12/2022 | £341k | £330k |
| 31/12/2021 | £298k | £283k |
| 31/12/2020 | £241k | £190k |
Common questions
Is THE RIBAT INSTITUTE financially healthy?
Per its FY2024 accounts: The charity reported a net income of £227,555 for the year ended 31 December 2024, resulting in total funds carried forward of £832,334. The accounts state that the charity operates a defined contribution pension scheme and holds controlling interests in four trading subsidiaries. No material uncertainties or governance issues were identified by the independent examiner. Its FY2024 accounts were independently examined.