Chari Re istration No. 1042537 Com an Re istration No. 02504990 En land and Wales ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED TRUSTEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024 ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Shamshad Mohammed Khan Mr Asad Ali Khan Mr Mark Andrew Bonham Mr Sheikh Iqbal Ahmad Ms Sima Yacoob Ms Amna Gazge Mr Qiam Ud Din Charity number 1042537 Company number 02504990 Registered office 434 Coventry Road Small Heath Birmingham West Midlands B10 OUG Independent examiner Bashir & Co Ltd Radclyffe House 66-68 Hagley Road Birmingham B16 8PF ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED CONTENTS Page Trustees report Independent examiners, report Statement of financial activities Balance sheet Notes to the accounts 9-11 ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED The report of the trustees For the year ended 30th April 2024 Introduction The trustees present their annual report and accounts for the year ended 30th April 2024. The board of trustees are satisfied with the performance of the charity during the year and the position at 30th April 2024 and consider that the charity is in a position to continue its activities during the coming year, and that the chanty's assets are adequate to fulfil Its obligations. Name, registered office and constitution of the charity The full name of the charity is ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED. The charity is also known by the abbreviated name IPCI. The legal reglstration details are:_ Date of incorporation Company Registration Number The Registered Office is Charity Registration Number The Telephone Number is 23 May, 1990 2504990 434 Coventry Road, Small Heath, Birmingham, B10 OUG. 1042537 0121773 0137 Objectives and Activities of the Charity A summary of the objects of the charity as set out in its governing document. The objects of the charity are set out in the Memorandum and Article of Association. To promote true and balance teachings of Islam, to eradicate extremism and violence, to promote inclusive and cohesive society where ignorance is replaced by understsnding and mutual respect. This is primarily achieved by organising lectures and conferences, productions and distribution of scholarly publications. UKS First Permanent Islamic Exhibition inaugurated in oct.2003 and opened by the chief education officer, Birmingham. It is visited'by groups from schools, colleges and universities. Islamic workshops for professionals teachers, lecturers, police etc., Mobile Islamic Exhibition, visits to the Mosque are also organised. The charity also provides place of worship (a mosque,) for the members of the community. The Charity's grant making policies In the IPCI mail shot during Ramadhan sent to IPCI participants appeal is made for Zakah and donations required for running IPCI dawah activities as well as for poor and the needy. The Zakah funds sent to us specifically for dawah and the deserving are then distributed, according to the instructions of donors. The contribution of volunteers Volunteers are involved in IPCI and the Islamic Exhibition section, all volunteers as well as the trustees give their time freely. Summary of main activities of the charity in relation to its objects Public lectures and symposiums personal dialogue and discussions., Printing and distribution of free informative material-, Free guided tours for visitors to Mosque Prayer hall and Exhibition. The provision of refreshments and food for such visitors The printing and free distribution of booklets, brochures, dvd's etc. The printing and distribution of translations of the Quran., Distribution either gratuitously or otherwise of the Holy Quran with English translation and commentary to schools, public libraries and in response to requisitions. The distribution of recorded material to promote awareness of the Islamic Faith. To provide place of worship to members of the community Donation to other charities. The UKS First Permanent Islamic Exhibition Mobile Islamic Exhibition Help new Muslims Welfare National Dawah Programme Dawah Training courses ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED The report of the trustees For the year ended 30th April 2024 Achievements and Performance of the Charity Fundraising activities The main fundraising activity for the charity is through mail shots which are made with the help of Database which holds the particulars of subscribers from various backgrounds and are regular donors to the charity. Appeal is made annually during Ramadan requesting Zakah and donations. Appeal is also made for zakah for the poor, the needy, etc. these funds are donated to established charities in Pakistan, Kashmir etc. engaged in helping the deserving and most in need, depending on the funds available for this purpose. Help to individivals in need are also extended. Appeal is also made for donations after Friday prayers at IPCI Masjid. Summary of the main achievements of the eharity during the year Provide lace o! worship (mosque ISLAMI8Experience Exhibition to members of the community ISLAMIC Experience Exhibition ermanent) Mobile} Distribution of Quran & other Islamic books. Conduct and guided tours for visitors to the Mosque. Translate various Islamic books into English. Distribution of audio and video informative material to Dawah training courses are arranged for interested in to present true balance and non-sectarian Islam. Information on Islam is providedlsent, upon re uest i to those interested. Islamic worksho fire officers etc, s are organised when requesRed ft)r the teachers, lecturers, members of the police, y prior arrangement. romote the Islamic Faith. ividuals to educate them Nature of the Governing Document and constitution of the charity Islamic Presentation Centre International is constituted as a charitable trust, registered with the Charities Commission, under charity number 1042537. It is governed by a Memorandum and Article of Association. The methods adopted for the recruitment and appointment of new trustees The existing trustees are responsible for the recruitment of new trustees. In selecting new trustees, we seek to identify people who regularly attend events and functions organised by the charity and willing to volunteer to help in our broader community work and have been actively engaged with charity work. Potential trustees are invited to attend trustees meeting as observers are given more details of the charity's aims and activities and, if all agree, they are then proposed as new trustees at the subsequent trustees meeting. This process allows due consideration on the person's eligibility personal competence, specialist knowledge and skills. The policies and procedures adopted for the induction & training of trustees Following appointment, new trustees are introduced to their new role and given copies of the memorandum and article of association and a guide to the policies and procedures adopted by our charity- A number of publications from the charities commission are also provided including the guidance on charities and public benefit and on the advancement of religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. Initially, new trustees work with an existing trustee assisting on particular activities and projects run by charity. After satisfactory feedback, they are then given the task of leading a particular activity or project reporting progress at trustee meeting. The organisational structure of the charity and how decisions are made. The charity trustees are responsible for the general control and management of the charity. The trustees, give their time freely and receive no remuneration or other financial benefits. The trustees meet together as a body quarterly and are responsible for all the decisions taken in relation to running the centre facilities and the activities provided by the charity. Centre activities and community facilities and projects are delegated to staff. The Major Risk to which charity is exposed and reviews The trustees have assessed the risks the charity faces and have drawn up a risk matrix which identifies the major risks by area of activity, the nature of those risks, the likelihood of the risks happening and the measures taken to manage them. The trustees review this risk matrix regularly at their meeting, the trustees are satisfied that the system are in place or arrangements are in hand, to manage the risks that have been identified. In particular, ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED The report of the trustees For the year ended 30th April 2024 insurance cover necessary is in place and the finances of the centre are kept under review. Appropriate Criminal Records Bureau (CRB) Checks are made where required. Financial Review Policies on reserves The polic of the trustees is to hold enough funds to meet four months operating costs of the centre. The trustees have estlblished upon demand that three additionally segments were required to be added to the exhibition. These have now been com editions of the Holy leted. However. additional displays are being prepared to enhance these sections. Three uran have also been printed.The Trust Is now providing a venue for worship. The trust intends to add facilities for Masjid e.g urpose made ablution room etc. Funds are also being collecte'èto carry out the project of new roof for the building. Which has been approved by the Birmingham City Council. Transactlons and Financial position The financial statements are set out on pages 1 (Statement of financial activities) The financial statements have been prepared implementing the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting by Charities issued by the Charity Commission for England and Wales Irevised in June 2008) and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) .As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory. The Statement of Financial Activities show net outgoinglincoming resources for the year of a revenue nature of £8,436 and net realised outgoinglincoming resources of a capital nature of £66,033. making net overall realised incomingloutgoing resources of £8,436. The total reserves at the yearend after accounting for unrealised losses lafter revaluing investments of £ O stand at £917,209. A majority of the expenditure is spent on overheads of the building and staff wages. Specific changes in fixed assets All changes in fixed assets are shown in detail in the notes to the accounts. A Plot of land, Plot 8 Peterbrook Road, Solihull, was donated to IPCI. Share Capital The company is limited by guarantee and therefore has no share capital. Plans for Future Periods As the amount of donations received is reduced alternative measures have been taken to generate income. The Exhibition has been moved to the first floor and the ground floor where the Exhibition was based has been rented out. This has helped the charity meet its liabilities and expenses. A loan of £100,000 was acquired from Yorkshire Bank to refurbish the first floor. The first floor was refurbished and The Permanent Exhibition transferred to the first floor. The tenants now occupy the ground floor having secured the lease agreement for 25 years. The second floor of the building is now designated as place of worship, a Masjid, facilities are provided to the participants attending prayers. A Loan of £50,000. was acquired from Barcalys bank to cover the difficult period during covid 19. We endeavour to maintain our existing range of community activities working in partnership with community at large, the Birmingham city Council, interfaith groups as well as churches, synagogues, schools, colleges, universities and other organisations etc, It is IPCI aim to develop greater understanding be￿een the followers of other faiths. Therefore efforts are being made to publicise the permanent exhibition as well as the mobile exhibition, these provide a platform for interaction with people of all faiths. The name of the Chief Executive Officer and other senior staff member(s) to whom day to day management of the charity is delegated by the charity trustees. Mr Shamshad M Khan- Chairman (President) Mf Zaid Iqbal - Manager ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED The report of the trustees For the year ended 30th April 2024 The members of the Board of Trustees of the Charity during the year ended 30th April 2024 were:. 1-Mr Shamshad M Khan 2-Mr Asad Ali Khan 3-Mr Mark Andrew Bonham 4-Mr Sheikh Iqbal Ahmad 5-Mrs Sima Yacoob 6-Mrs Amna Gazge 7-Mr Qiam Ud Din All the directors of the company are also trustees of the charity and their responsibilities include all the responsibilities of director under the company acts and trustees under the charity acts. The members of the Board of Trustees of the Charity at the date the report and accounts were approved were:_ l-mr Shamshad M Khan 2-Mr Asad Ali Khan 3-Mr Mark Andrew Bonham 4-Mr Sheikh Iqbal Ahmad 5-Mrs Sima Yacoob 6-Mrs Amna Gazge 7-Mr Qiam Ud Din Bankers Barclays Bank Yorkshire Bank Independent Examiner Bashir & Co. Accountant Radclyffe House, 66-68 Hagley Road Birmingham B16 8PF Statement of Directors. and Trustees, Responsibilities The charity trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom) Generally Accepted Accounting Practi￿}. The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the stateof the affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to select suitable accounting policies and then apply them consistently., observe the methods and principle in the charities SORP, make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED The report of the trustees For the year ended 30th April 2024 The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position ofthe charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the contents of the trustees, report, and the responsibility of the auditors in relation to the trustees, report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. Method of preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Mr Shamshad M han Chairman and Trus ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED I report on the accounts of the IPCI for the year ended 30 April 2024, which are set out on pages 6 to 11. Respective responsibilities of trustees and examiner The who are also the directors of Islamic Presentation Centre International Limited for the purposes of company law, are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011, and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 145 (5) Ib) of tl to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examinerfs statement la) which gives me reasonable cause to believe that in any material respect the requirements= to keep accounting records in accordance with sedion 386 of the Companies Act 2006., and to prepare accounts which accord with the accounting records, comply with the accounting requiremer 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities; (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 8asAi The accounts have been prepared in accordance with the special provisions of Part 15 of the Comapnies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effect April 2008). The accounts were approved by the board on 24th July 2024 and were signed by: Comapny registration 2504990 ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2024 Accounting policies 1.1 Basis of preparation The accounts have been prepared under the historical cost convention and in accordan￿ with FRS 102. The Financial Reporting Standard applicable in th UK and Republic of Ireland. 1.2 Fixed assets and depreciation Fixed assets other than freehold land are stated at cost less decreciation. Depreciation is provided at rates calculated to write off the cost less estimated redisual valus of each asset over its expected useful life, as follows.. Donations and legacies 2024 2023 Donations and gifts 109,659 234,287 Investment income 2024 2023 Rental income 65,280 68,280 Grant receivable 2024 2023 Hmrc grant 12,304 13,066 ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 30 APRIL 2024 Total resources expended 2024 2023 Costs of generating funds Costs of generating donations and legacies 1,650 462 Charitable activities De reciation Support costs 1,233 1,451 Staff Costs Support costs 50,622 41,363 Islamic Books Support costs 28,500 51,855 71,314 Governance costs 125,302 177,824 178,807 249,600 Governance costs includes payments to the auditors of £2,87512023: £2,875) for audit fees. 6 Support costs Staff costs Islamic Books Total 2023 Depreciation Tableware Islamic Books Staff costs Depreciation 127 125 28,500 41,363 1,451 50,622 1,233 1,233 50,749 71,439 10 ISLAMIC PRESENTATION CENTRE INTERNATIONAL LIMITED NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 30 APRIL 2024 Fixed assets Fixture & fittings & equipment Total Land and buildings Cost At 1 May 2023 Additions 910,218 92,325 1,002,543 At 30 April 2024 910,218 92,325 1,002,543 Depreciation At 1 May 2023 Charge for the year 84,101 1,233 84,101 1,233 At 30 April 2024 85,334 85,334 Net book value At 30 April 2024 910,218 6,991 917,209 At 30 April 2023 910,218 8,224 918,442 2024 2023 Debtors Debtors and Prepayments 15,570 25.000 15,570 25,000 2024 2023 9 Creditors: amount falling due within one year Bank loan Other creditors Tax & NIC Accruals 106,715 9,000 259 2,875 117,367 9,000 259 2,875 118,849 129,501