SIBTAYN YOUTH
Youth activities and religious lectures
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a satisfactory financial outcome with a surplus, increasing total unrestricted funds from £29,480 to £34,012. Per the trustees' report, reserves are considered sufficient against a policy target of covering one month of operating costs, with actual unrestricted reserves of £34,012 significantly exceeding the stated £500 target. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Charity's policy on reserves is to maintain adequate unrestricted/restricted funds to cover up to 1 months of operating costs in the instance of income funds falling short. The amount that is considered adequate to cover the unrestricted/restricted expenditure for the reserve target is £500.”
Trustees
- ABDUL SALAM HAMAD M.A.chair
- Ahmad Sultani
- MOHAMMAD MAHDI JAWAD ALKHZRAJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £57k | £53k |
| 30/06/2024 | £45k | £50k |
| 30/06/2023 | £31k | £41k |
| 30/06/2022 | £46k | £11k |
| 30/06/2021 | £28k | £28k |
Common questions
Is SIBTAYN YOUTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a satisfactory financial outcome with a surplus, increasing total unrestricted funds from £29,480 to £34,012. Per the trustees' report, reserves are considered sufficient against a policy target of covering one month of operating costs, with actual unrestricted reserves of £34,012 significantly exceeding the stated £500 target. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.