IQRA BLACKBURN
The advancement of education for local young people of all religious and ethnic backgrounds in a nurturing environment. Classroom based learning and organised activities in an effort to promote mutual respect of all others. To fundraise for emergency relief to long term development projects in areas such as water, sanitation, health and nutrition to help the poor worldwide.
Financial health, per its FY2024 accounts
The accounts state that the charity reported total income of £127,752 against expenditure of £126,241, resulting in a net movement in funds of £1,511. Unrestricted funds increased to £15,280, which the trustees confirm is maintained at a level equating to approximately 12 months of unrestricted expenditure. The trustees believe that current reserves and financial controls provide sufficient resources to cover management costs and support adverse conditions.
What the accounts disclose
“It is the policy of the charity maintain unrestricted funds at a level which equate to approximately 12 months unrestricted expenditure” — page 3
“Fees paid for services provided to one of the trustees.” — page 13
“Fees paid for services provided to one of the trustees.” — page 13
Trustees
- YUNUS KARBHARIchair
- ABIDA HUSSEINI
- Anser Amin
- SARFRAZ SULEMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £128k | £126k |
| 31/12/2023 | £102k | £95k |
| 31/12/2022 | £86k | £82k |
| 31/12/2021 | £70k | £79k |
| 31/12/2020 | £50k | £39k |
Common questions
Is IQRA BLACKBURN financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported total income of £127,752 against expenditure of £126,241, resulting in a net movement in funds of £1,511. Unrestricted funds increased to £15,280, which the trustees confirm is maintained at a level equating to approximately 12 months of unrestricted expenditure. The trustees believe that current reserves and financial controls provide sufficient resources to cover management costs and support adverse conditions. Its FY2024 accounts were independently examined.