SOUTH LAKES ISLAMIC CENTRE
To promote any charitable purpose for the benefit of the Communities in South Lakes, Cumbria and United Kingdom in general for the following purposes: To establish or to secure the establishment of a community centre , to maintain it, and to manage to co-operate with any local statutory authority in maintenance and management of such a centre.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £1,070,555, maintaining a level equivalent to between three and six months of expenditure as per the charity's policy. The charity reported a positive funds reserve and adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Structured financials (annual return, FY ending 05/04/2022)
Trustees
- Dr ANAS OLABI
- Dr FARHAN AMIN
- Dr GHULAM JEELANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £226k | £14k |
| 05/04/2024 | £92k | £4k |
| 05/04/2023 | £89k | £7k |
| 05/04/2022 | £527k | £15k |
| 05/04/2021 | £192k | £14k |
Common questions
Is SOUTH LAKES ISLAMIC CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £1,070,555, maintaining a level equivalent to between three and six months of expenditure as per the charity's policy. The charity reported a positive funds reserve and adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.