READ ACADEMY EDUCATION
Primary Education
Objects
THE CHARITY'S OBJECTS ("OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:THE ADVANCEMENT OF EDUCATION BY THE ESTABLISHMENT AND MANAGEMENT OF A PRIVATE INDEPENDENT FAITH SCHOOL FOR CHILDREN AGED 4-11 IN ILFORD ESSEX.
Financial health, per its FY2024 accounts
The accounts state that reserves held are £307,954, which are maintained to enable the school to function. The document does not disclose a specific reserves policy target or any material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity’s principal sources of funds (including any fundraising)”
Inspection and regulatory ratings
- Ofsted — Read Academy Education: Good
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- AMRAN HUSSAIN RUHEL
- GULAM ABBAS HUSSAIN
- IHSAAN AHMAD RAFIQ
- SAMI SHAIKH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £1.1m |
| 31/12/2023 | £1.1m | £1.1m |
| 31/12/2022 | £997k | £921k |
| 31/12/2021 | £907k | £755k |
| 31/12/2020 | £666k | £540k |
Common questions
Is READ ACADEMY EDUCATION financially healthy?
Per its FY2024 accounts: The accounts state that reserves held are £307,954, which are maintained to enable the school to function. The document does not disclose a specific reserves policy target or any material uncertainties regarding the charity's ability to continue as a going concern.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £1.4m |
| THE LORD MAYOR'S APPEAL | 1 | £1.1m |
| THE DISTILLERS' CHARITY | 1 | £15k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £9k |
| THE JOHN HORSEMAN TRUST | 1 | £5k |
| The Parochial Church Council of Godalming Minster | 1 | £2k |
Charities like this
- MECHANICS FOR AFRICA
- KEW COLLEGE
- ST JOSEPH'S CONVENT SCHOOL
- BALLARD SCHOOL LIMITED
- CHARNOCK RICHARD PRE-SCHOOL
- CAMDEN SCHOOL FOUNDATION OF FRANCES MARY BUSS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| READ ACADEMY EDUCATION | £1.2m | — | 0 | unclear | — | no doubt |
| MECHANICS FOR AFRICA | £171k | — | 0 | unclear | — | no doubt |
| KEW COLLEGE | £4.4m | — | — | below | — | no doubt |
| ST JOSEPH'S CONVENT SCHOOL | £302k | — | 0 | unclear | — | no doubt |
| BALLARD SCHOOL LIMITED | £7.4m | — | — | above | — | no doubt |
| CHARNOCK RICHARD PRE-SCHOOL | £165k | — | 0 | below | — | no doubt |