ISLAMIC SOCIETY OF BRITAIN LTD
Our activities range from small local programmes to large national events that attract thousands, and often cater for the whole family. They include, inter alia: inter-faith and inter-community activities; conferences and lectures; study groups; religious and spiritual retreats; educational programmes for Muslims; awareness campaigns for the public; online and physical published resources.
Financial health, per its FY2024 accounts
The charity reported a net income of £12,158 for the year, resulting in total unrestricted reserves of £125,502. The trustees state their policy is to maintain six months of running costs as reserves, and the current unrestricted balance significantly exceeds this target. The independent examiner confirmed no material matters came to their attention that would affect the understanding of the accounts.
What the accounts disclose
“Our principal source of funds is membership contributions and donations.” — page 2
“Our policy is to seek to maintain 6 months running costs as reserves”
Trustees
- Aadam Varsani
- Dr Khalid Anis
- Dr Tawqeer Rashid
- Zahid Chohan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £73k | £61k |
| 31/12/2023 | £71k | £53k |
| 31/12/2022 | £75k | £72k |
| 31/12/2021 | £34k | £51k |
| 31/12/2020 | £40k | £39k |
Common questions
Is ISLAMIC SOCIETY OF BRITAIN LTD financially healthy?
Per its FY2024 accounts: The charity reported a net income of £12,158 for the year, resulting in total unrestricted reserves of £125,502. The trustees state their policy is to maintain six months of running costs as reserves, and the current unrestricted balance significantly exceeds this target. The independent examiner confirmed no material matters came to their attention that would affect the understanding of the accounts. Its FY2024 accounts were independently examined.