AL-AYN SOCIAL CARE FOUNDATION
Latest income
£20.4m
Latest spending
£18.9m
Registered
2015
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total income decreased slightly to £20.391m from £20.69m in the prior year, while charitable expenditure fell to £18.888m. The charity holds £2.165m in unrestricted funds, which the trustees note is sufficient to sustain activities for three months, although they state that holding substantial reserves is unnecessary.
What the accounts disclose
Related-party transaction: The Charity made donations and grants of £13.87m to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity.
“The Charity made donations and grants of £13.87m (2023: £17.8m) to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, in accordance with a Grant Agreement between the two parties.” — page 28
“The Charity recognised donations in the sum of £2.6m (2023: £2.8m) from Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, to cover staff and support costs of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity received donations of £2.6m from Al-Ayn Social Care Foundation (Iraq) to cover staff and support costs.
“The Charity made donations and grants of £13.87m (2023: £17.8m) to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, in accordance with a Grant Agreement between the two parties.” — page 28
“The Charity recognised donations in the sum of £2.6m (2023: £2.8m) from Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, to cover staff and support costs of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity received donations of £7,024 from Al-Ayn Social Care Foundation (Australia), where Ahmed Alkhaja is a director.
“The Charity made donations and grants of £13.87m (2023: £17.8m) to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, in accordance with a Grant Agreement between the two parties.” — page 28
“The Charity recognised donations in the sum of £2.6m (2023: £2.8m) from Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, to cover staff and support costs of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity received donations of £22,769 from Stichting Al-Ayn for Social Care (Netherlands), where Ahmed Alkhaja is a director.
“The Charity made donations and grants of £13.87m (2023: £17.8m) to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, in accordance with a Grant Agreement between the two parties.” — page 28
“The Charity recognised donations in the sum of £2.6m (2023: £2.8m) from Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, to cover staff and support costs of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity received donations of £37,583 from Al-Ayn for Social Care (Switzerland), where Ahmed Alkhaja is a director.
“The Charity made donations and grants of £13.87m (2023: £17.8m) to Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, in accordance with a Grant Agreement between the two parties.” — page 28
“The Charity recognised donations in the sum of £2.6m (2023: £2.8m) from Al-Ayn Social Care Foundation (Iraq), the sole member of the Charity, to cover staff and support costs of the Charity.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Al-Ayn Social Care gGmbH
“Al-Ayn Social Care gGmbH is a wholly owned subsidiary of the Charity” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£20.4m
Total spending
£18.9m
Cost of raising funds
£1.1m
Reserves (reported)
£2.2m
Employees
95
Register events
- Received assets from another charity (17/02/2016)
Trustees
- Aliya Azamchair
- AHMED ALKHAJA
- MOHAMAD BAQER AL-YASSIN
- MUSTAFA MOHSIN ALI MOHAMED
- RABAB MOHAMMED ALI KLEIT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £20.4m | £18.9m |
| 31/12/2023 | £20.7m | £21.0m |
| 31/12/2022 | £12.1m | £11.6m |
| 31/12/2021 | £15.4m | £15.4m |
| 31/12/2020 | £14.6m | £14.0m |
Common questions
Is AL-AYN SOCIAL CARE FOUNDATION financially healthy?
The accounts state that total income decreased slightly to £20.391m from £20.69m in the prior year, while charitable expenditure fell to £18.888m. The charity holds £2.165m in unrestricted funds, which the trustees note is sufficient to sustain activities for three months, although they state that holding substantial reserves is unnecessary. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY MEALS | 1 | £425k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |