Charity Accounts Intelreading the accounts so you don’t have to

LOUGHBOROUGH MUSLIM CENTRE

Registered charity 1187103 · accounts filings on the Charity Commission register

THE LMC PROVIDES EDUCATIONAL AND RECREATIONAL SESSIONS FOR ADULTS AND CHILDREN TO PROMOTE THE TEACHINGS AND TENETS OF ISLAM FOR ANYONE WHO SEEKS IT. WE ALSO PROMOTE THE PROVISION OF FACILITIES FOR RECREATION AND OTHER LEISURE OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES.

Causes: General Charitable Purposes · Religious Activities · Economic/community Development/employment · Human Rights/religious Or Racial Harmony/equality Or Diversity · Recreation · Other Charitable Purposes · website · Get email alerts

Latest income
£28k
Latest spending
£31k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held unrestricted reserves of £8,240.30 at the end of the period, resulting from income of £28,191.86 and expenditure of £30,554.88. The trustees are satisfied with this level of liquid reserves, which are held to meet short-term obligations and unforeseen expenditure. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable requirements.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient level of liquid reserves to meet short term obligations and any unforeseen expenditure (held: £8k)
“to maintain a sufficient level of liquid reserves to meet short term obligations and any unforeseen expenditure”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£28k£31k
31/12/2023£25k£21k
31/12/2022£40k£34k
31/12/2021£25k£6k
31/12/2020£10k£270

Common questions

Is LOUGHBOROUGH MUSLIM CENTRE financially healthy?

Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £8,240.30 at the end of the period, resulting from income of £28,191.86 and expenditure of £30,554.88. The trustees are satisfied with this level of liquid reserves, which are held to meet short-term obligations and unforeseen expenditure. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not prepared in accordance with applicable requirements. Its FY2024 accounts were independently examined.