Finance Score: 3

Governance Score: -1

Support Score: 2

Good reserves management: +3

Only 4 Trustees: -1

Grant maker support: +2

Overall GiG Score: 4

ISLAMIC SHAKHSIYAH FOUNDATION

ISLAMIC SHAKHSIYAH FOUNDATION RUNS TWO INDEPENDENT PRIMARY SCHOOLS AND TWO ATTACHED NURSERIES. THE SCHOOLS RUN ON AN ALTERNATIVE ETHOS AS DETAILED ON OUR WEBSITE. WE PROVIDE OTHER SERVICES TO THE COMMUNITY INCLUDING VARIOUS CLASSES AND COMMUNITY EVENTS. THE FOUNDATION IS INVOLVED IN THE PROPAGATION OF ISLAM IN ACCORDANCE WITH THE FOUR SUNNI SCHOOLS OF THOUGHT.

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 4 trustees

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
31/07/23		£1,322	£1,245	£78	£0	£1,411	£686	6.6	46	8
31/07/22		£1,158	£1,183	£-25	£0	£1,333	£608	6.2	45	15
31/07/21		£1,163	£914	£249	£0	£1,358	£622	8.2	40	15
31/07/20		£1,377	£860	£516	£0	£1,029	£373	5.2	33	15
31/07/19		£886	£928	£-42	£0	£512	£382	4.9	31	15
31/07/18	*	£786	£933	£-146	£0	£554	£554	7.1	36	0
31/07/17	*	£740	£873	£-133	£0	£700	£700	9.6	36	0
31/07/16		£1,216	£853	£363	£23	£834	£834	11.7	36	0
31/07/15	*	£1,021	£909	£112	£0	£470	£470	6.2	36	0
31/07/14		£901	£878	£23	£0	£358	£358	4.9	38	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 10%
Liabilities/Income: 12%
Unrestricted Funds/Total Funds: 49%
Reserves/Spending: 6.6 months
Net Current Assets/Spending: 13 months
Quick Ratio: 7

Asset Split ?

Established: 10 years

https://www.shakhsiyahschools.uk/

mail@isfnet.org.uk

02088028651

Charity Commission for England and Wales

Listed activities

Education/Training
Human Rights/Religious Or Racial Harmony/Equality Or Diversity
Religious Activities

GiG Classification

Poverty relief

How it operates

Provides buildings/facilities/open space
Provides services
Sponsors or undertakes research

Where it operates

Haringey, Slough,

Who it helps

Children/Young People
The General Public/Mankind

Who works here?

46 employees
8 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Department for Work and Pensions - KIDZ CAMPUS LIMMITED
£9,614	01/04/2022	The Kickstart Scheme provides funding to employers to create jobs for 16 to 24 year olds on Universal Credit.
Department for Work and Pensions - KIDZ CAMPUS
£12,515	01/04/2021	The Kickstart Scheme provides funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long term unemployment.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

FOZIYA REDDY PGCE Appointed: 2013

FARAH AHMED (Chair) Appointed: 2005

NADIA QAHTAN AMEEN BSC HONS Appointed: 2013

SAIMA HUSSAIN Appointed: 2021

Legal constitution

Charity registered in England & Wales on 14/01/2014, number: 1155314

Gift Aid

Registered with HMRC for Gift Aid

Other Regulators

Ofsted (Office For Standards In Education)

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
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
Investment
Paying staff
Risk management
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
Volunteer management

Filing Record

10 returns made; AR18: 13 days late, AR17: 3 days late, AR15: 1 days late,

Main office

1st Floor
277 St Ann's Rd
London
N15 5RG

Objectives

(A) FOR THE PUBLIC BENEFIT TO ADVANCE EDUCATION IN ACCORDANCE WITH THE PRINCIPLES AND PRACTICES OF SHAKHSIYAH EDUCATION THROUGH:(I) THE PROVISION, SUPPORT AND MAINTENANCE OF SCHOOLS (SHAKHSIYAH SCHOOLS);(II) THE PROVISION OF BURSARIES, GRANTS OR OTHER FORMS OF ASSISTANCE TO ENABLE INDIVIDUALS TO ATTEND OR STUDY AT SHAKHSIYAH SCHOOLS WHO WOULD NOT OTHERWISE BE ABLE TO AFFORD TO DO SO;(B) FOR THE PUBLIC BENEFIT TO ADVANCE THE TEACHINGS AND PRACTICES OF ISLAM IN ACCORDANCE WITH THE FOUR SUNNI SCHOOLS OF THOUGHT;(C) FOR THE PUBLIC BENEFIT TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE PRINCIPLES AND PRACTICES OF SHAKHSIYAH EDUCATION;(D) THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;(E) THE ADVANCEMENT OF RELIGIOUS HARMONY FOR THE BENEFIT OF THE PUBLIC BY:(I) EDUCATING THE PUBLIC IN DIFFERENT RELIGIOUS BELIEFS INCLUDING AN AWARENESS OF THEIR DISTINCTIVE FEATURES AND THEIR COMMON GROUND TO PROMOTE GOOD RELATIONS BETWEEN PERSONS OF DIFFERENT FAITHS;(II) PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING AND RESPECT OF THE BELIEFS AND PRACTICES OF DIFFERENT RELIGIOUS FAITHS;(F)THE ADVANCEMENT OF SUCH OTHER CHARITABLE OBJECTS FOR THE PUBLIC BENEFIT AS THE CHARITY TRUSTEES MAY FROM TIME TO TIME THINK FIT.

Data Sources