AR-RAYYAN FOUNDATION
Serving the local community. Provide Education at all levels through special courses and classes. Diverse activities embracing all cultural backgrounds.Help / Facilitate Youth Activities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £2,596 for the year, resulting in a decrease in total unrestricted funds from £15,395 to £12,799. The trustees maintain that there are no material uncertainties regarding the charity's ability to continue operating.
What the accounts disclose
“Main Sources of Income: • Fundraising initiatives run by the charity • Voluntary contributions from parents of children attending our educational establishment • DYLOGICS LIMITED • AUTO TRADE VALLEY • VARDALIA S A”
“We maintain a small reserve to ensure the sustainability of our operations and to meet unexpected costs.” — page 5
Trustees
- SULEIMAN MSELEM MBARAKchair
- FATIMA OMAR HABIB
- GHARIB KHAMIS MAALIM
- Khadija Omar Habib
- MASOUD MOHAMMED ALLY
- SABRINA NASSIR MOHAMMED
- SAID MKUBWA NASSOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £46k |
| 31/12/2023 | £46k | £46k |
| 31/12/2022 | £37k | £29k |
| 31/12/2021 | £36k | £42k |
| 31/12/2020 | £43k | £34k |
Common questions
Is AR-RAYYAN FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £2,596 for the year, resulting in a decrease in total unrestricted funds from £15,395 to £12,799. The trustees maintain that there are no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were independently examined.