ICMG MARGATE
Helping turkish and muslim families learning their culture and islamic faith,
Financial health, per its FY2024 accounts
The accounts state that the charity incurred an operating loss of £4,473 for the year ended 30 November 2024, resulting in a decrease in net reserves from £17,050 to £12,577. The charity holds unrestricted net reserves of £12,577 and has current assets exceeding current liabilities, indicating a positive net current asset position.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Ramazan Altunchair
- Haci YILMAZ
- Nuh koksal
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £31k | £35k |
| 30/11/2023 | £31k | £43k |
| 30/11/2022 | £37k | £39k |
| 30/11/2021 | £61k | £54k |
| 30/11/2020 | £34k | £26k |
Common questions
Is ICMG MARGATE financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred an operating loss of £4,473 for the year ended 30 November 2024, resulting in a decrease in net reserves from £17,050 to £12,577. The charity holds unrestricted net reserves of £12,577 and has current assets exceeding current liabilities, indicating a positive net current asset position. Its FY2024 accounts were independently examined.