MUSLIM EDUCATION CENTRE
To advance the religion of Islam, by means of, but not exclusively, promoting the teachings and tenets of Islam, provision of facilities for worship and provision of facilities for Islamic education in accordance with the "Doctrine" being the teachings of the Qur'aan and the Sunnah of the Prophet Muhammad (Peace Be Upon Him).
Financial health, per its FY2025 accounts
The accounts state that total funds carried forward were £75,289, comprising £75,115 in unrestricted funds and £174 in restricted funds. The trustees' report indicates that unrestricted reserves are maintained to cover at least three months of operating expenditure once costs are incurred, and the charity aims to distribute restricted Zakat funds as soon as possible within the year received. No independent audit opinion is present as the statements are explicitly described as 'unaudited'.
What the accounts disclose
“Unrestricted funds - Once the charity starts incurring costs it will maintain unrestricted reserves equivalent to at least three months of operating expenditure.” — page 3
Trustees
- GULAM AHMED OMARJI MAKADAMchair
- Feizal Mussa
- ISMAIL GULAM MAKADAM
- MOHAMMED ISMAIL DAKRI
- YUSUF ISMAIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £72k | £11k |
| 31/03/2024 | £20k | £7k |
| 31/03/2023 | £0 | £0 |
Common questions
Is MUSLIM EDUCATION CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that total funds carried forward were £75,289, comprising £75,115 in unrestricted funds and £174 in restricted funds. The trustees' report indicates that unrestricted reserves are maintained to cover at least three months of operating expenditure once costs are incurred, and the charity aims to distribute restricted Zakat funds as soon as possible within the year received. No independent audit opinion is present as the statements are explicitly described as 'unaudited'.