AL RISALAH EDUCATION TRUST
THE ADVANCEMENT OF EDUCATION OF CHILDREN AND YOUNG PEOPLE IN PARTICULARMUSLIMS, THROUGH THE ESTABLISHMENT AND MAINTENANCE OF A NURSERY OR SCHOOL(S)AND COLLEGES OF HIGHER EDUCATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit for the year of £183,675, resulting in a decrease in total unrestricted funds from £10,811,708 to £10,614,033. The trustees maintain unrestricted reserves of approximately £10.6 million, which they consider sufficient to cover three months of average expenditure and continue activities in the event of a significant drop in funding. The independent auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees considers holding unrestricted reserves amounting to approximately three months' average expenditure.” — page 7
“Ableband Ltd is under the management of Balham Mosque. Al Risalah Trust pays 70,000 rent per annum to Balham Mosque (Ableband ltd) for Orchard School Premises, which is for the Leasehold property leased from them.” — page 20
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (05/07/2023)
Trustees
- AMIR NIAZI
- ARSHAD HUSSEIN DAUD
- HAROON KARIM
- IFFAT FARIDUDDIN
- MUHAMMAD NAEEM SIDDIQI
- YUNUS GULAM MAHOMED BOBAT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.5m | £1.8m |
| 31/08/2024 | £1.4m | £1.7m |
| 31/08/2023 | £1.4m | £1.6m |
| 31/08/2022 | £1.2m | £1.6m |
| 31/08/2021 | £1.4m | £1.3m |
Common questions
Is AL RISALAH EDUCATION TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a deficit for the year of £183,675, resulting in a decrease in total unrestricted funds from £10,811,708 to £10,614,033. The trustees maintain unrestricted reserves of approximately £10.6 million, which they consider sufficient to cover three months of average expenditure and continue activities in the event of a significant drop in funding. The independent auditor confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by M. Zaidi & Co.