DAR-AL-ARQAM (HOUSE OF ARQAM) TRUST
EDUCATION / TRAINING RELIGIOUS ACTIVITIES ARTS / CULTURE / HERITAGE / SCIENCE AMATEUR SPORT
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
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.