SEIFULLAH ISLAMIC CENTRE (SIC)
The Charity advance moral and Islamic religion, relived the needs, suffering and distress of the ethnic minority in UK and Ireland in particular but not exclusively.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £17,560, resulting in total unrestricted reserves of £5,476. The trustees' report confirms the charity maintains adequate resources for the foreseeable future and is prepared on a going concern basis.
What the accounts disclose
“The target is to build and maintain unrestricted reserves equating to three months’ operating costs of the Mosque.” — page 5
Trustees
- BAKARE ALADE
- DR LUKMAN LAWAL
- LATEEF OLOYEDE
- OLUWATOYIN ADEYEMI BELLO
- WASIU ADEKUNLE SALAMI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £50k | £33k |
| 31/01/2024 | £24k | £29k |
| 31/01/2023 | £22k | £21k |
| 31/01/2022 | £21k | £20k |
| 31/01/2021 | £20k | £20k |
Common questions
Is SEIFULLAH ISLAMIC CENTRE (SIC) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £17,560, resulting in total unrestricted reserves of £5,476. The trustees' report confirms the charity maintains adequate resources for the foreseeable future and is prepared on a going concern basis. Its FY2025 accounts were independently examined.