DARUL ULOOM FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that the charity achieved a net surplus of £15,885 for the year ended 31 December 2022, bringing total unrestricted funds to £207,171. The trustees report that the charity is operating on a going concern basis with no material uncertainties identified. The organization holds significant fixed assets, including land and buildings valued at £771,600, against current liabilities of £607,866.
What the accounts disclose
“It is the policy of the charity that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to its expenditure.” — page 6
Trustees
- MUHAMMAD AYUB ALIchair
- ANOR MIAH
- MOHAMMED NAZIR UDDIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £164k | £46k |
| 31/12/2023 | £111k | £35k |
| 31/12/2022 | £94k | £78k |
| 31/12/2021 | £86k | £52k |
| 31/12/2020 | £84k | £45k |
Common questions
Is DARUL ULOOM FOUNDATION financially healthy?
The accounts state that the charity achieved a net surplus of £15,885 for the year ended 31 December 2022, bringing total unrestricted funds to £207,171. The trustees report that the charity is operating on a going concern basis with no material uncertainties identified. The organization holds significant fixed assets, including land and buildings valued at £771,600, against current liabilities of £607,866. Its FY2022 accounts were independently examined.