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

THE SHIA ISLAMIC EDUCATION SOCIETY

Registered charity 292522 · accounts filings on the Charity Commission register · also known as S I EDUCATION SOCIETY

The Shia Islamic Education Society has been set up to promote and advance the islamic religion in accordance with the principles of the Shia Ithna-Asheri faith and for the relief of the poor belonging to the Shia sect. The managing trustee can raise funds for the upkeep, restoration and repair of the buildings used for this purpose and to provide other services to meet these objectives.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£46k
Latest spending
£39k
Registered
1985
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds increased from £217,453 to £224,564 during the year, resulting in a net income of £7,111. The trustees report that costs have been well managed and the charity maintains unrestricted funds to respond to charitable causes.

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

What the accounts disclose

Largest income source: Donations and legacies (100% of income)
“Donations and legacies 46,257”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: minimum reserve for organising and setup costs (held: £225k)
“It is the policy of the Charity to maintain unrestricted funds so that it can offer a faster response to new and existing charitable causes, with a minimum reserve for organising and setup costs.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.

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

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/10/2024£46k£39k
31/10/2023£62k£44k
31/10/2022£52k£33k
31/10/2021£30k£40k
31/10/2020£23k£17k

Common questions

Is THE SHIA ISLAMIC EDUCATION SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds increased from £217,453 to £224,564 during the year, resulting in a net income of £7,111. The trustees report that costs have been well managed and the charity maintains unrestricted funds to respond to charitable causes. Its FY2024 accounts were independently examined.