The King Fahad Academy Limited

Analysis

The King Fahad Academy Limited is a registered charity in England and Wales, based in London. It was registered in January 1987, 39 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 02090011). It says it provides services.

In the financial year ending June 2023, The King Fahad Academy Limited reported income of £11.0m and spending of £13.8m, spending 125% of what it took in. Across the 3 years on record, from December 2020 to June 2023, income grew from £2.4m to £11.0m (+359%), an average of +114% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 143% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, The King Fahad Academy Limited sits at the 98th percentile: it is larger than about 98% of them. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Addysg Oedolion Cymru / Adult Learning Wales (£11.0m), Ellesmere College Limited (£11.1m) and Shrewsbury House School Trust Limited (£11.0m).

In its latest detailed accounts, income came from donations and legacies 87% and charitable activities 13%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £1.7m would cover about 1 months of spending at that rate. It employed 127 people.

Data notes from the register: The register marks this charity as being in administration.