THE ISLAMIC ASSOCIATION OF LINCOLN

Registered charity 1179846 · accounts filings on the Charity Commission register

(a) Arrange and hold congregational prayers and Islamic religious activities(b) Promote unity and joint activities among the Lincoln Muslim community;(c) Conduct social, cultural and religious activities in accordance with Islamic tradition (and not against the Islamic tradition or teachings);(d) Provide channels for better communication and understanding between Muslims in Lincol

Causes: General Charitable Purposes · Religious Activities · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£255k
Latest spending
£209k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased to £3,718,550, with unrestricted reserves of £3,671,326 significantly exceeding the stated policy target of approximately £29,850. The charity reported a net incoming resource of £46,431 for the year, indicating a surplus position supported by strong incoming resources from donations and trading activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months estimated operating costs (held: £3.7m)
The policy is to hold enough funds to meet six months estimated operating costs of the Charity for the following year. This currently equates to approximately £29,850.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (5 freehold); recorded price paid £121k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£3.6m
Total spending
£113k
Reserves (reported)
£3.6m
Employees
7

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lincolnshire

Income and spending

Financial year endIncomeSpending
31/12/2024£255k£209k
31/12/2023£195k£149k
31/12/2022£164k£123k
31/12/2021£3.6m£113k
31/12/2020£143k£92k

Common questions

Is THE ISLAMIC ASSOCIATION OF LINCOLN financially healthy?

Per its FY2024 accounts: The accounts state that total funds increased to £3,718,550, with unrestricted reserves of £3,671,326 significantly exceeding the stated policy target of approximately £29,850. The charity reported a net incoming resource of £46,431 for the year, indicating a surplus position supported by strong incoming resources from donations and trading activities. Its FY2024 accounts were independently examined.