THE ISLAMIC ASSOCIATION OF LINCOLN
(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
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.
What the accounts disclose
“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.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2021)
Register events
- Received assets from another charity (09/01/2023)
Trustees
- Dr TANWEER AHMEDchair
- MOAHMMAD ABDUR RAFIQUE
- MUJAHID KAMAL
- SEMIU ADESINA GBADEBO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.