ENFIELD TOWN ISLAMIC CENTRE
The activity of the charity is to advance the Islamic faith in Enfield and surrounding areas for the benefit of the public in particular but not exclusively through the holding of prayer meetings, services of worship, religious instruction, lectures and public celebration of religious festivals in accordance with the tenets, philosophy, ideology and traditions of Islam;
Financial health, per its FY2024 accounts
The accounts state that total net assets increased from £503,531 to £575,987 during the year. The trustees' report notes a policy to maintain six months of funds in reserves and highlights an objective to reduce debt liabilities. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.
What the accounts disclose
“It is ETIC’s policy to have 6 months of funds in reserves to allow the charity to continue its operation without any financial issues.” — page 7
Property (HM Land Registry)
Trustees
- Mohammed Mansur Alam Rashidchair
- Ashraf Ameen
- Farid Miah
- KABIRUL MUSTAFA
- Zeshan Shah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £98k | £26k |
| 31/12/2023 | £124k | £22k |
| 31/12/2022 | £104k | £18k |
| 31/12/2021 | £136k | £15k |
| 31/12/2020 | £24k | £16k |
Common questions
Is ENFIELD TOWN ISLAMIC CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that total net assets increased from £503,531 to £575,987 during the year. The trustees' report notes a policy to maintain six months of funds in reserves and highlights an objective to reduce debt liabilities. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2024 accounts were independently examined.
Who funds ENFIELD TOWN ISLAMIC CENTRE?
Funders whose own accounts filings name ENFIELD TOWN ISLAMIC CENTRE as a grant recipient include NASSERPURIA MEMON UK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NASSERPURIA MEMON UK | FY2023 | £9k | Community Development & Relief |
| NASSERPURIA MEMON UK | FY2022 | £1k | Community Development & Relief |