ALMADANY EDUCATION CENTRE
Financial health, per its FY2025 accounts
The accounts state that the charity held no unrestricted free reserves at the period end, with all cash funds (£159,007.90) restricted to a Building Fund for premises acquisition. The trustees' report notes that the charity is principally dependent on voluntary donations and aims to maintain unrestricted reserves equivalent to six to twelve months of essential expenditure, but currently holds none available for general use.
What the accounts disclose
“Total receipts were £229,832.01. Of this amount, £70,824.11 comprised unrestricted donations available to meet current operating and charitable activity costs, and £159,007.90 comprised restricted donations raised for the Building Fund.” — page 5
“At 1 December 2025 the charity held no unrestricted free reserves. The cash balance of £159,007.90 represented restricted donations held in the Building Fund for the acquisition of premises and was therefore not available for general expenditure.” — page 3
“During the period, £38,500 was transferred to the Chair to meet charitable activity costs on behalf of the CIO. These amounts were applied to the charity's activities and did not represent remuneration, a loan to the trustee or a grant to the trustee.”
Trustees
- HASSAN MOHAMMAD SABAHchair
- Aram Salam
- Talal Kelani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 01/12/2025 | £230k | £71k |
Common questions
Is ALMADANY EDUCATION CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity held no unrestricted free reserves at the period end, with all cash funds (£159,007.90) restricted to a Building Fund for premises acquisition. The trustees' report notes that the charity is principally dependent on voluntary donations and aims to maintain unrestricted reserves equivalent to six to twelve months of essential expenditure, but currently holds none available for general use. Its FY2025 accounts were independently examined.