DAR-AL-ARQAM (HOUSE OF ARQAM) TRUST
EDUCATION / TRAINING RELIGIOUS ACTIVITIES ARTS / CULTURE / HERITAGE / SCIENCE AMATEUR SPORT
Objects
1) TO ADVANCE EDUCATION AND PROVIDE FACILITIES, IN PARTICULAR BUT NOT EXCLUSIVELY FOR THE MUSLIM COMMUNITY LIVING IN THE UK, IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND OTHER LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF SUCH PEOPLE2) TO PROMOTE FOR THE BENEFIT OF THE PUBLIC THE CULTURE AND HISTORY OF THE MUSLIM COMMUNITY LIVING THE UK, IN PARTICULAR BUT NOT EXCLUSIVELY, THE LONDON BOROUGHS OF TOWER HAMLETS AND NEWHAM
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £22,952, resulting in total unrestricted reserves of £301,767. The trustees confirmed the charity is in a strong position with adequate resources to continue operations for the foreseeable future. No material uncertainties regarding going concern were identified.
What the accounts disclose
“The Trustees will review reserves at least annually and maintain unrestricted reserves sufficient to maintain the Charity's operations in the event that income is unexpectedly reduced from current levels.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
- Mahdi Anayet Ahmed
- Mohamed Afzal Bakhtary
- Rajib Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £213k | £190k |
| 31/12/2023 | £298k | £162k |
| 31/12/2022 | £93k | £117k |
| 31/12/2021 | £121k | £106k |
| 31/12/2020 | £179k | £48k |
Common questions
Is DAR-AL-ARQAM (HOUSE OF ARQAM) TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of £22,952, resulting in total unrestricted reserves of £301,767. The trustees confirmed the charity is in a strong position with adequate resources to continue operations for the foreseeable future. No material uncertainties regarding going concern were identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DARUL-ARQAM EDUCATIONAL TRUST | 1 | £45k |
Charities like this
- DAR-AL-ARQAM (ISLAMIC CENTRE)
- DARUL-ARQAM EDUCATIONAL TRUST
- DAR ALHEKMA TRUST
- ARRAHMA ISLAMIC CENTRE
- AL-MANAR CENTRE TRUST
- AHLUL ISTIQAMAH TRUST UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DAR-AL-ARQAM (HOUSE OF ARQAM) TRUST | £213k | — | 0 | unclear | — | no doubt |
| DAR-AL-ARQAM (ISLAMIC CENTRE) | £168k | — | 0 | unclear | — | no doubt |
| DARUL-ARQAM EDUCATIONAL TRUST | £478k | — | 0 | unclear | — | noted |
| DAR ALHEKMA TRUST | £101k | — | 0 | unclear | — | no doubt |
| ARRAHMA ISLAMIC CENTRE | £233k | — | 0 | unclear | — | no doubt |
| AL-MANAR CENTRE TRUST | £161k | — | 0 | within | — | no doubt |