UK CURRICULUM AND ACCREDITATION BODY (UKCAB)
Financial health, per its FY2024 accounts
The accounts state that total reserves stood at £27,310,094, an increase from £20,005,449 in the prior year, with unrestricted funds comprising the entirety of these reserves. The trustees believe this level of reserves is sufficient to cover more than six months' operational expenditure. The charity reported a net income of £7,526,030 for the year ended 31 December 2024.
What the accounts disclose
“During 2024 UKCAB transferred a total of £4,409,289 to SSS for project-related activities and operational costs. During 2024, SSS made payments totalling £4,222,119 on behalf of UKCAB. As of 31 December 2024, the remaining net balance of £187,170 will continue to be used by SSS for future operations.” — page 34
Leadership, per the charity’s website
- Zahid Bhatti — CEO
- Zahid Bhatti — CEO Tahaffuz Darsgah
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ZAHID BHATTIchair
- Nabeel Aamir
- SYEDA NOSHEEN NAQVI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £24.1m | £16.6m |
| 31/12/2023 | £21.9m | £12.9m |
| 31/12/2022 | £13.4m | £6.5m |
| 31/12/2021 | £5.7m | £4.7m |
| 31/12/2020 | £4.8m | £2.7m |
Common questions
Is UK CURRICULUM AND ACCREDITATION BODY (UKCAB) financially healthy?
The accounts state that total reserves stood at £27,310,094, an increase from £20,005,449 in the prior year, with unrestricted funds comprising the entirety of these reserves. The trustees believe this level of reserves is sufficient to cover more than six months' operational expenditure. The charity reported a net income of £7,526,030 for the year ended 31 December 2024. Its FY2024 accounts were audited by Turpin Barker Armstrong.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PILKINGTON CHARITIES FUND | 2 | £13k |
| THE STONEYGATE TRUST | 1 | £2.4m |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £340k |
| THE PIERREPONT TRUST | 1 | £30k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £20k |
| THE ANNANDALE CHARITABLE TRUST | 1 | £16k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | 1 | £15k |
| THE RATCLIFF FOUNDATION | 1 | £13k |