Finance Score: 1

Governance Score: 0

Support Score: 3

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2
Multiple Deficits: -2
Fundraising costs low: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 4

THE ISLAMIC FOUNDATION

Intended activities are advancement of Islamic religion through dialogue, meeting, education, seminars and publications.

Analysis by Giving is Great

Positives:

The charity has received Government grants
This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years, despite a decline more recently
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,971,473 available, equivalent to 93 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22	£528	£514	£14	£5	£4,019	£3,971	92.7	10	10
31/12/21	£457	£494	£-37	n/a	n/a	n/a	n/a	n/a	10
31/12/20	£395	£477	£-82	n/a	n/a	n/a	n/a	n/a	0
31/12/19	£613	£581	£31	£0	£4,065	£4,020	83	12	10
31/12/18	£407	£617	£-209	£0	£0	£0	n/a	0	10
31/12/17	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
31/12/16	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
31/12/15	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 4.2%
Fundraising Costs/Total Spending: 2.5%
Highest pay band: Less than £60,000
Liabilities/Assets: 6%
Liabilities/Income: 46%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 92.7 months
Net Current Assets/Spending: 6 months
Quick Ratio: 1

Asset Split ?

Established: 9 years

www.islamic-foundation.org.uk

info@islamic-foundation.org.uk

01530244944

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
General Charitable Purposes
Religious Activities

GiG Classification

Other religious associations

How it operates

Provides human resources
Provides services

Where it operates

Leicester City, Leicestershire,

Who it helps

The General Public/Mankind

Who works here?

10 employees
10 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

DR RIZA MOHAMMED Appointed: 2018

DR MUHAMMAD MANAZIR AHSAN PHD MBE (Chair) Appointed: 2014, Other trusteeships: AL - MEDINA TRUST, THE ISLAMIC FOUNDATION, SARWAR JEHAN AND AZRA KHURSHID CHARITABLE FOUNDATION, THE MARKFIELD INSTITUTE OF HIGHER EDUCATION,

DR MOHAMMED RAYES MUSTHAFA LEBBAI Appointed: 2018

PROFESSOR ANIS AHMAD PHD

PROFESSOR KHURSHID AHMAD Appointed: 2014, Other trusteeships: AL - MEDINA TRUST, THE ISLAMIC FOUNDATION, SARWAR JEHAN AND AZRA KHURSHID CHARITABLE FOUNDATION, THE MARKFIELD INSTITUTE OF HIGHER EDUCATION,

DR ZAHID ALI PARVEZ, Other trusteeships: AL - MEDINA TRUST, THE ISLAMIC FOUNDATION, MADINA TRUST,

DR MUHAMMAD ABDUL BARI MBE Appointed: 2014, Other trusteeship: THE ISLAMIC FOUNDATION,

Legal constitution

Charity registered in England & Wales on 05/02/2015, number: 1160353

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

8 returns made; all on time

Main office

Ratby Lane
MARKFIELD
Leicestershire
LE67 9SY

Objectives

1)TO ADVANCE THE ISLAMIC RELIGION ANYWHERE IN THE WORLD FOR THE BENEFIT OF THE PUBLIC THROUGH THE HOLDING OF MEETINGS, LECTURES, PRODUCING AND/OR DISTRIBUTING LITERATURE ON THE ISLAMIC FAITH TO ENLIGHTEN OTHERS ABOUT THE ISLAMIC FAITH.2)FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION AND TRAINING (BOTH FORMAL AND INFORMAL) OF PEOPLE ANYWHERE IN THE WORLD IN SUCH WAYS AS THE BOARD OF TRUSTEES THINK FIT.

Data Sources