LEICESTER ISLAMIC ACADEMY
THE PURPOSE FOR WHICH THIS TRUST IS ESTABLISHED IS THE FURTHERANCE OF THE EDUCATION OF ALL PUPILS IN ATTENDANCE AT THE LEICESTER ISLAMIC ACADEMY AND OTHER SUCH SCHOOLS ESTABLISHED AND MAINTAINED FOR THIS PURPOSE AND INCLUDING THERE AT THE PROMOTION OF THE TEACHING OF THE RELIGION OF ISLAM ACCORDING TO THE QURAN AND THE TEACHINGS OF THE PROPHET MUHAMMED (PEACE BE UPON HIM)
Objects
THE PURPOSE FOR WHICH THIS TRUST IS ESTABLISHED IS THE FURTHERANCE OF THE EDUCATION OF ALL PUPILS IN ATTENDANCE AT THE LEICESTER ISLAMIC ACADEMY AND OTHER SUCH SCHOOLS ESTABLISHED AND MAINTAINED FOR THIS PURPOSE AND INCLUDING THEREAT THE PROMOTION OF THE TEACHING OF THE RELIGION OF ISLAM ACCORDING TO THE QURAN AND THE DOCTRINES ON WHICH IT RESTS AND THE OBSERVANCES THAT SERVE TO PROMOTE AND MANIFEST IT, AND THE TEACHINGS OF THE SUNNI (WAY) OF THE PROPHET MUHAMMED (PEACE BE UPON HIM) ACCORDING TO THE HADITH AS CONTAINED IN THE SAHIH AL-BHUKHARI AND THE SAHIH MUSLIM.
Financial health, per its FY2025 accounts
The accounts state that the charity has a net funds deficit of £133,371, a significant reversal from the prior year's surplus of £3,239,149, driven largely by the donation of assets valued at £3,690,252 to a related trust. The auditors have identified material uncertainties regarding the charity's ability to continue as a going concern, although they confirmed sufficient funds exist for the 12-month period following the year-end. The trustees note that additional grant funding has been secured to assist with working capital requirements for the following year.
What the accounts disclose
“Educational Services 1,433,996” — page 19
“Based on the work we have performed, we have identified material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.” — page 23
“The Related Party donation of £3,690,252 represents amounts donated to Leicester Islamic Academy Trust (Charity Number 1143373). The entity is considered a related party due to the shared board of trustees, resulting in common control between the organisations.” — page 37
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → material uncertainty (FY2025).
Inspection and regulatory ratings
- Ofsted — Leicester Islamic Academy: Good
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- ABDULHAQ PATEL
- ANVAR PATAS
- AYUB MAHOMED
- Dr MOHAMED HUSSEIN MUKADAM
- HUSSEIN SULEMAN
- IQBAL DESAI
- Mohammed ASHRAF MAKADAM
- Musa Suleman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.8m | £5.1m |
| 31/07/2024 | £1.4m | £1.4m |
| 31/07/2023 | £1.2m | £1.1m |
| 31/07/2022 | £1.1m | £1.0m |
| 31/07/2021 | £874k | £824k |
Common questions
Is LEICESTER ISLAMIC ACADEMY financially healthy?
Per its FY2025 accounts: The accounts state that the charity has a net funds deficit of £133,371, a significant reversal from the prior year's surplus of £3,239,149, driven largely by the donation of assets valued at £3,690,252 to a related trust. The auditors have identified material uncertainties regarding the charity's ability to continue as a going concern, although they confirmed sufficient funds exist for the 12-month period following the year-end. The trustees note that additional grant funding has been secured to assist with working capital requirements for the following year. Its FY2025 accounts were audited by SKM Chartered Accountants.
Charities like this
- AL-ISLAH SCHOOLS TRUST
- LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED
- MANCHESTER ISLAMIC EDUCATIONAL TRUST LTD
- LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST
- LEICESTER GRAMMAR SCHOOL TRUST
- MUSLIM KHOJA SHIA ITHNA-ASHERI COMMUNITY OF LEICESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LEICESTER ISLAMIC ACADEMY | £1.8m | — | 0 | unclear | — | material uncertainty |
| AL-ISLAH SCHOOLS TRUST | £283k | — | 0 | unclear | — | no doubt |
| LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED | £4.0m | £100,001 - £110,000 | — | below | — | no doubt |
| MANCHESTER ISLAMIC EDUCATIONAL TRUST LTD | £4.6m | — | — | above | — | noted |
| LEICESTERSHIRE INDEPENDENT EDUCATIONAL TRUST | £7.2m | — | — | below | — | no doubt |
| LEICESTER GRAMMAR SCHOOL TRUST | £235.7m | £190,001 - £200,000 | — | unclear | — | no doubt |