AL FURQAN
As per CIO Objectives
Objects
THE OBJECTS OF THE CIO ARE• THE ADVANCEMENT OF EDUCATION FOR THE PUBLIC BENEFIT, AND IN PARTICULAR FOR THE SRI LANKAN COMMUNITY TO PROMOTE LEARNING OF LIFE SKILLS INCLUDING SRI LANKAN CULTURAL HERITAGE, ENGLISH LANGUAGE LITERACY AS WELL AS TAMIL, PHYSICAL EDUCATION AND CITIZENSHIP SKILLS.• TO ADVANCE THE ISLAMIC FAITH IN LUTON FOR THE BENEFIT OF THE PUBLIC, PROVIDING AN ETHICAL FRAMEWORK AND CONTRIBUTING TOWARDS A BETTER SOCIETY BY PROMOTING SOCIAL COHESION AND SOCIAL CAPITAL
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £436,194, which the trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net income increase of £311,322 for the year, driven largely by building fundraising, resulting in a healthy balance sheet with no disclosed debts or pension deficits.
What the accounts disclose
“Building Fundraising 327,223” — page 13
“It is the policy of the ClO 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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ABDUL CADER MOHAMED FIROZE
- Ibnu Jawsy Mohammed Jabbar
- JALEEL NOORDEEN
- Mohamed Ajeer Mohamed Jamaldeen
- Mohamed Ashraff Mohamed Ajaz
- Mohamed Fawzy Ahamed Kabeer
- Mohamed Haroos Mohamed Hanees
- Mohamed Izmee Mahroof Abdulcader
- Mohamed Jaleel Jaladeen
- Mohamed Jazil Haleemdeen
- Mohamed Nizar Mohamed Nilam
- Mohamed Sabry Abdul Hameed
- Mohamed Umar Sabeel
- Mushab Razeen Ahamed Kabeer
- Rasheed Mohamed Akbar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £344k | £32k |
| 31/12/2023 | £111k | £11k |
| 31/12/2022 | £13k | £6k |
| 31/12/2021 | £24k | £5k |
Common questions
Is AL FURQAN financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £436,194, which the trustees consider maintains the policy target of three to six months' expenditure. The charity reported a net income increase of £311,322 for the year, driven largely by building fundraising, resulting in a healthy balance sheet with no disclosed debts or pension deficits. Its FY2024 accounts were independently examined.