THE EUROPEAN ASSOCIATION FOR ISLAMIC INSTITUTIONS
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £78,222.82, representing a significant increase from the previous year's £47,354.55. The trustees confirm adequate resources for future operations, noting a net income surplus of £30,868.27 for the period. Cash holdings are robust at £95,321.47, providing substantial liquidity against current liabilities.
What the accounts disclose
Trustees
- Mark Stephensonchair
- MR A ALDOUSARI
- MR A ALOTHMAN
- MR F ALJASEM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £257k | £250k |
| 05/04/2024 | £229k | £198k |
| 05/04/2023 | £127k | £80k |
| 05/04/2022 | £0 | £193 |
| 05/04/2021 | £26k | £478 |
Common questions
Is THE EUROPEAN ASSOCIATION FOR ISLAMIC INSTITUTIONS financially healthy?
The accounts state that the charity holds unrestricted reserves of £78,222.82, representing a significant increase from the previous year's £47,354.55. The trustees confirm adequate resources for future operations, noting a net income surplus of £30,868.27 for the period. Cash holdings are robust at £95,321.47, providing substantial liquidity against current liabilities. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| RANDEREE CHARITABLE TRUST | 1 | £10k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £2k |
| TWO HANDS CHARITABLE TRUST | 1 | £1k |