THE LONDON CENTRAL MOSQUE (ALGAME) FUND
To provide a place of worship for the multi-ethnic community of Muslims in London and Britain.To propagate and extend the teachings and the message of Islam as a compassionate religion encompassing all schools of thought and in total compliance with the law of the land. To establish liaison and work with Government, voluntary sector, local authority, statutory bodies, and other agencies.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £266,380 for the year ended 31 December 2024, reversing a previous outgoing resource. Per the trustees' report, free reserves were maintained at £2,923,988, which is significantly above the stated policy target of approximately £390,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to four months' expenditure of approximately £390,000.” — page 8
“The Director General is provided with rent free accommodation at the London Central Mosque & Islamic Cultural Centre. The market rental value for this accommodation is estimated to be £87,240 per annum.” — page 23
Corporate structure
- Registered company of the charity Companies House 00442394
- Average employees: 0.4
Leadership, per the charity’s website
- Dr. Faid Mohammed Said — Imam & Khatib
Company officers (Companies House)
- AL KHALIFA, Fawaz Bin Mohamed, Sheikh not on trustee list
- EMBASSY OF TUNISIA on trustee list
- PEOPLE'S DEMOCRATIC REPUBLIC OF ALGERIA on trustee list
- EMBASSY OF LEBANON on trustee list
- EMBASSY OF LIBYA on trustee list
- EMBASSY OF THE REPUBLIC OF TURKEY on trustee list
- EMBASSY OF THE REPUBLIC OF SUDAN on trustee list
- EMBASSY OF THE ARAB REPUBLIC OF EGYPT on trustee list
- EMBASSY OF THE REPUBLIC OF SENEGAL on trustee list
- HIGH COMMISSION FOR THE PEOPLE'S REPUBLIC OF BANGLADESH not on trustee list
- EMBASSY OF THE REPUBLIC OF INDONESIA on trustee list
- HIGH COMMISSION OF BRUNEI DARUSSALAM not on trustee list
- KINDOM OF BAHRAIN on trustee list
- EMBASSY OF MALAYSIA not on trustee list
- EMBASSY OF THE UNITED ARAB EMIRATES on trustee list
- EMBASSY OF MOROCCO on trustee list
- EMBASSY OF KUWAIT on trustee list
- EMBASSY OF YEMEN on trustee list
- EMBASSY OF JORDAN on trustee list
- ROYAL EMBASSY OF SAUDI ARABIA on trustee list
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- BANGLADESH HIGH COMMISSION
- Brunei Darussalam High Commission
- DR AHMED AL-DUBAYAN
- Embassy Of Senegal
- Embassy Of Tunisia
- Embassy of Lebanon
- Embassy of Libya
- Embassy of Sudan
- Embassy of The Arab Republic of Egypt
- Embassy of The Republic of Yemen
- Embassy of The State of Kuwait
- Embassy of The State of Qatar
- Embassy of The Sultanate of Oman
- Embassy of The United Arab Emirates
- Embassy of Turkey
- Embassy of the Hashemite Kingdom of Jordan
- Embassy of the Kingdom of Bahrain
- Embassy of the Kingdom of Morocco
- Embassy of the Republic of Indonesia
- Fawaz Al Khalifa
- High Commission for the Islamic Republic of Pakistan
- Malaysian High Commission
- People’s Democratic Republic of Algeria
- Royal Embassy of Saudi Arabia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.3m | £1.9m |
| 31/12/2023 | £1.8m | £1.9m |
| 31/12/2022 | £1.7m | £1.7m |
| 31/12/2021 | £1.3m | £1.5m |
| 31/12/2020 | £1.1m | £1.3m |
Common questions
Is THE LONDON CENTRAL MOSQUE (ALGAME) FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £266,380 for the year ended 31 December 2024, reversing a previous outgoing resource. Per the trustees' report, free reserves were maintained at £2,923,988, which is significantly above the stated policy target of approximately £390,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by HW Fisher Audit.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LONDON CENTRAL MOSQUE (ALGAME) FUND | £2.3m | — | 0 | unclear | — | no doubt |
| MARKAZ UD DAWAT WAL IRSHAD LONDON UK MUSLIM COMMUNITY CENTRE | £358k | — | 0 | above | — | no doubt |
| EIC AL-MASJID TRUST | £1.1m | — | 0 | unclear | — | no doubt |
| STRATFORD ISLAMIC CULTURAL CENTRE TRUST LIMITED | £266k | — | 0 | unclear | — | no doubt |
| AL RISAALAH MOSQUE AND ISLINGTON ISLAMIC CENTRE | £310k | — | 0 | unclear | — | no doubt |
| FAROOQ E AZAM MOSQUE & ISLAMIC CENTRE | £135k | — | 0 | unclear | — | no doubt |