AL-MUNTADA AL-ISLAMI TRUST
The trust strives to serve the community. It provides education, cultural, social and spiritual activities. Runs a primary school, secondary girls school, provides short ICT training courses, Arabic classes, classes in qur'an recitation, summer youth activities, holds conferences, seminars, lectures, provides counselling, organises pilgrimage trips, offers prayer facilities, and pastoral care.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds are in deficit, with a carried forward balance of £(62,313), while total net assets stand at £970,212. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to these negative unrestricted funds and reliance on future income projections. However, they maintain that adequate resources exist for the foreseeable future through a financial recovery plan.
What the accounts disclose
“The charity policy is to keep money aside for any future difficulties and it is one to three worth of running costs.” — page 24
Trustees
- Dr SAEED ALGADIEchair
- ABDUL HAKEEM MONTAGUE
- Salah Taifoor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £366k | £311k |
| 31/12/2023 | £408k | £353k |
| 31/12/2022 | £267k | £363k |
| 31/12/2021 | £454k | £381k |
| 31/12/2020 | £355k | £386k |
Common questions
Is AL-MUNTADA AL-ISLAMI TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds are in deficit, with a carried forward balance of £(62,313), while total net assets stand at £970,212. The trustees acknowledge a material uncertainty regarding the charity's ability to continue as a going concern due to these negative unrestricted funds and reliance on future income projections. However, they maintain that adequate resources exist for the foreseeable future through a financial recovery plan. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAJI PATEL FOUNDATION | 1 | £20k |
Charities like this
- BAYTUL ILM TRUST
- HOUNSLOW JAMIA MASJID AND ISLAMIC CENTRE
- AL FURQAN EDUCATION TRUST
- GS TRUST
- ZAWIYA TRUST LIMITED
- AL-ISLAH SCHOOLS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AL-MUNTADA AL-ISLAMI TRUST | £366k | — | 0 | unclear | — | no doubt |
| BAYTUL ILM TRUST | £375k | — | 0 | above | — | no doubt |
| HOUNSLOW JAMIA MASJID AND ISLAMIC CENTRE | £1.8m | — | 0 | below | — | material uncertainty |
| AL FURQAN EDUCATION TRUST | £555k | — | 0 | unclear | — | no doubt |
| GS TRUST | £2.8m | Under £60,000 | 0 | unclear | — | no doubt |
| ZAWIYA TRUST LIMITED | £254k | — | 0 | unclear | — | no doubt |