THE ABRAHAMIC FOUNDATION

Charity number: 1139201
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Provide education to both adults and children. Regular motivational talks to adults and children to instill positive morals and attitudes. Holiday fun clubs and arts and crafts clubs have also been provided for young members of the community. The charity has provided sporting events and social meetings for young people in the community.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£623,476

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Donations and legacies £559.76k
Charitable activities £57.22k
Other trading activities £0
Investments £92
Other £6.40k

Total expenditure:
£265,974

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Raising funds £0
Charitable activities £265.97k
Other £0

£0 investments gains (losses)

Total income includes £64,505 from 4 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £265.97k
Retained for future use £357.50k

People

16 Employee(s)

8 Trustee(s)

50 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Sandwell

Governance

Registration history:
  • 24 November 2010: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
07436270 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints 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
  • Paying staff
  • 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
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Nasir Rafiq Chair 07 July 2020
None on record
Zahir Hussain Trustee 10 October 2021
None on record
Nadyia Hussain Trustee 07 July 2020
None on record
Ricky Bains Trustee 07 July 2020
None on record
Dr Syed Mutaheer Ali Trustee 07 July 2020
None on record
Ritu Chadda Trustee 07 July 2020
None on record
NASIR ZAMEER AKHTAR Trustee
None on record
MOHAMMED SHAKEEB Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £150.69k £165.68k £252.84k £216.16k £687.98k
Total expenditure £82.79k £120.88k £177.37k £178.12k £265.97k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £44.76k £33.55k £54.65k £64.51k
Income - Donations and legacies N/A N/A N/A N/A £559.76k
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £57.22k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £92
Income - Other N/A N/A N/A N/A £6.40k
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £265.97k
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A N/A N/A £2.80k
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £0
Expenditure - Other N/A N/A N/A N/A £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets N/A N/A N/A N/A £1.24m
Long-term investments N/A N/A N/A N/A £0
Other assets N/A N/A N/A N/A £71.72k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £493.42k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 21 January 2025 On Time
Accounts and TAR 31 March 2024 21 January 2025 On Time Download Open in new window
Annual return 31 March 2023 12 January 2024 On Time
Accounts and TAR 31 March 2023 12 January 2024 On Time Download Open in new window
Annual return 31 March 2022 24 January 2023 On Time
Accounts and TAR 31 March 2022 24 January 2023 On Time Download Open in new window
Annual return 31 March 2021 30 January 2022 On Time
Accounts and TAR 31 March 2021 30 January 2022 On Time Download Open in new window
Annual return 31 March 2020 30 January 2021 On Time
Accounts and TAR 31 March 2020 30 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED ON 11 NOVEMBER 2010

Charitable objects

THE CHARITYãS OBJECTS (¶OBJECTS÷) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE: 4.1 TO ADVANCE THE EDUCATION OF THE PUBLIC IN PARTICULAR BUT NOT EXCLUSIVELY TO MEMBERS OF THE ISLAMIC FAITH THROUGH PROVISIONS OF EDUCATIONAL AND TRAINING SERVICES; 4.2 THE PROMOTION OF RACIAL HARMONY FOR THE PUBLIC BENEFIT BY: (A) PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING BETWEEN DIFFERENT RACIAL GROUPS; (B) ADVANCING EDUCATION AND RAISING AWARENESS ABOUT DIFFERENT RACIAL GROUPS TO PROMOTE GOOD RELATIONS BETWEEN PERSONS OF DIFFERENT RACIAL GROUPS; (C) WORKING TOWARDS THE ELIMINATION OF DISCRIMINATION ON THE GROUNDS OF RACE. 4.3 TO PROVIDE FACILITIES IN THE INTEREST OF SOCIAL WELFARE FOR THE RECREATION AND OTHER LEISURE TIME PURSUITS OF THOSE IN NEED OF FACILITIES BY REASON OF THE AGE YOUTH INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL OR ECONOMICAL CIRCUMSTANCE; 4.4 TO HELP YOUNG PEOPLE, ESPECIALLY BUT NOT EXCLUSIVELY THROUGH LEISURE TIME ACTIVITIES, SO AS TO DEVELOP THEIR CAPABILITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY. 4.5 THE PROMOTION OF RELIGIOUS HARMONY FOR THE BENEFIT OF THE PUBLIC BY: (A) 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 AND THOSE OF THE SAME FAITH; (B) PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING AND RESPECT OF THE BELIEFS AND PRACTICES OF DIFFERENT RELIGIOUS FAITHS.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED - IN PRACTICE ENGLAND AND WALES

Contact information

Address:
The Abrahamic Foundation
215 High Street
SMETHWICK
B66 3AH
Phone:
01214489800
Email:
info@abrahamicfoundation.org.uk
Website:

http://www.abrahamicfoundation.org.uk/ Open in new window