AL ABRAR ACADEMY LIMITED
PROVIDE RELIGIOUS SERVICES TO THE MUSLIM COMMUNITY IN ORDER TO PROMOTE ISLAMIC CULTURE AND TEACHINGS TO FOSTER BETTER UNDERSTANDING, TOLERANCE, DIVERSITY, PEACE, SOCIAL COHESION, RELIGIOUS AND RACIAL HARMONY.OFFER ADVICE, INFORMATION, PROVIDE HELP AND SUPPORT TO THE WIDER COMMUNITY TO FURTHER COMMUNITY RELATIONS.
Financial health, per its FY2024 accounts
The accounts state that the charity remained in a stable position with unrestricted reserves of £2,307.70, which the trustees consider sufficient to meet short-term needs. The charity reported a net income of £10,224 for the year, with total income of £34,738 and total expenditure of £24,514. The trustees are confident the charity can continue its work, and the independent examiner confirmed no material matters came to their attention.
What the accounts disclose
“AT THE END OF THE FINANCIAL PERIOD, THE CHARITY REMAINED IN A STABLE POSITION. ALTHOUGH THE YEAR-END BALANCE DECREASED, INCOME AND SPENDING WERE MANAGED RESPONSIBLY, AND THE CHARITY RETAINED ENOUGH RESERVES TO MEET ITS SHORT-TERM NEEDS.”
Trustees
- ASIF IBRAHIM KHALIFAchair
- NAZIR HASIM KHALIFA
- Uwais Siddique
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £46k |
| 31/12/2023 | £29k | £19k |
| 31/12/2022 | £39k | £14k |
| 31/12/2021 | £44k | £25k |
| 31/12/2020 | £35k | £15k |
Common questions
Is AL ABRAR ACADEMY LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity remained in a stable position with unrestricted reserves of £2,307.70, which the trustees consider sufficient to meet short-term needs. The charity reported a net income of £10,224 for the year, with total income of £34,738 and total expenditure of £24,514. The trustees are confident the charity can continue its work, and the independent examiner confirmed no material matters came to their attention. Its FY2024 accounts were independently examined.