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2024-03-31-accounts

REGISTERED COMPANY NUMBER: 03054937 (England and Wales) REGISTERED CHARITY NUMBER: 1064609

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

PRESTON MUSLIM FORUM LIMITED

SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU

PRESTON MUSLIM FORUM LIMITED

Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024

Page
Chairman's Report 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 20
Detailed Statement of Financial Activities 21

PRESTON MUSLIM FORUM LIMITED

Chairman's Report FOR THE YEAR ENDED 31 MARCH 2024

Welcome to our annual report, covering the year up to 31 March 2024.

As a charity dedicated to supporting BME communities in Preston, we strive to meet the needs of vulnerable individuals at the margins of society by providing essential resources and facilities.

This year has been marked by extraordinary challenges, including deepening inequalities, strained public services, a rise in mental health issues, and increasing poverty. In this context, our mission is more vital than ever. I am proud to share that PMF has had a highly impactful year, achieving significant progress in service delivery and organisational development. These efforts have positively impacted hundreds of underserved individuals in our community.

Our success would not have been possible without the unwavering support of our funders, partners, dedicated staff, volunteers, and Trustees. Their commitment has enabled us to deliver a diverse range of services, activities, and opportunities, as highlighted in the report.

As we look ahead, I am optimistic about our continued ability to make a meaningful difference in people's lives. The prospect of sustaining these essential services for the foreseeable future is truly encouraging.

Page 1

PRESTON MUSLIM FORUM LIMITED

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims Our Objectives

Our Services and Activities

To further its aims, PMF provides the following services and activities in a culturally sensitive, gender-appropriate and multi-lingual environment:

- Drop-in - service for members of the community acting as first port of call for those who have nowhere to turn;

- Information, Advice and Guidance - on a wide range of social, money, immigration, welfare benefit, including practical support

- Community Learning - Variety of training and non-vocational courses e.g. ESOL, IT for beginners, numeracy, literacy etc.;

- Health and Wellbeing - provide social, leisure and recreational activities to promote Health and Well-Being such as luncheon club, coffee mornings, keep fit classes, health awareness, managing long-term conditions etc.;

- Volunteering - Provide volunteering opportunities across the organisation

Page 2

PRESTON MUSLIM FORUM LIMITED

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES Charitable activities Charitable Activities Delivered

To achieve these objectives, the charity operates a community drop-in centre, offering a wide range of services and activities tailored to the needs of the local community. These are delivered by qualified staff and volunteers in a culturally sensitive, bilingual environment, ensuring especially vulnerable individuals receive the support they need.

Page 3

PRESTON MUSLIM FORUM LIMITED

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENT AND PERFORMANCE

Charitable activities

PMF is the cornerstone of support for individuals in the greater Preston area, providing the vital services, guidance, and opportunities necessary to help people overcome their barriers and achieve better life outcomes. PMF made significant strides in addressing socio-economic and health inequalities within the communities. Through a flexible and inclusive approach, we have adapted our services based on feedback from our beneficiaries, adjusting session timings and extending our opening hours to reach a broader audience. These changes helped reduce barriers to service access, ensuring we could meet the diverse needs of the community effectively.

Information, Advice and Guidance (IAG)

Employment Support

Community Learning

Health & Well-Being

Mental Health Support

- 23 beneficiaries suffering from severe mental illness received therapeutic support tailored to their needs.

Children and Young People

Digital Partner (We Are Group)

Page 4

PRESTON MUSLIM FORUM LIMITED

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW

Principal funding sources

The charity's principal funding is derived principally through grants with limited income generation through hire of the centre.

Property

The charity operates from a property which is leased from Preston City Council until 2037. The property was extended by the charity to provide improved premises. The original property was a single storey building. The charity received a capital grant of £385,000 during the year ended 31st March 2020 to add an extra floor onto the building.

The reserves include the capital amount of this project and this is being depreciated over its useful life at 10% on a reducing balance basis.

Reserves policy

Total reserves as at 31 March 2024 were £419,383. This comprises of Restricted Reserves of £417,551 and Unrestricted Reserves of £1,832.

Restricted reserves are in-year grants received which must be spent for the purposes they are received from funders within the specified period.

The reserves policy of the Trustees is to ensure the organisation commits unrestricted (free) reserves towards furthering the objects of the charity whilst retaining sufficient amount to cover designated funds and ensure there is at least six months of funds set aside to cover organisational expenditure in the event there is little or no income forthcoming.

PLANS FOR THE FUTURE

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk management

The Trustees have assessed the major risks to which the charity is exposed, in particular, to the operations and finances and are satisfied that the systems and procedures are in place to mitigate our exposure against the major risks. These major risks are the impact of short-term funding, changes in funding streams, changes to key personnel and changes to local and central government policies.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03054937 (England and Wales)

Registered Charity number

1064609

Page 5

PRESTON MUSLIM FORUM LIMITED

Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024

Registered office Hamara Centre Rear of 158 Castleton Road Preston PR1 6QH

Trustees

I S Rawat I Daoud A Faruki (resigned 29/6/23) S Ismail M A Horton (appointed 16/5/23) Mrs M Y Ahmed (appointed 16/5/23)

Independent Examiner

SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU

Approved by order of the board of trustees on 15 December 2024 and signed on its behalf by:

I S Rawat - Trustee

Page 6

Independent Examiner's Report to the Trustees of Preston Muslim Forum Limited

Independent examiner's report to the trustees of Preston Muslim Forum Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs Shamim Mahomed

SKM Chartered Accountants Pegasus House 5 Winckley Court Mount Street Preston Lancashire PR1 8BU

15 December 2024

Page 7

PRESTON MUSLIM FORUM LIMITED

Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
34,340
EXPENDITURE ON
Charitable activities
3
Management and Administration
1,799
Provision of Services
33,689
Support Costs
567
Total
36,055
NET INCOME/(EXPENDITURE)
(1,715)
RECONCILIATION OF FUNDS
Total funds brought forward
3,548
TOTAL FUNDS CARRIED FORWARD
1,833		 Restricted
funds
£
73,077
3,861
95,807
831
100,499
(27,422)
444,972
417,550		 2024
Total
funds
£
107,417
5,660
129,496
1,398
136,554
(29,137)
448,520
419,383		 2023
Total
funds
£
91,377
7,682
100,985
2,612
111,279
(19,902)
468,422
448,520

The notes form part of these financial statements

Page 8

PRESTON MUSLIM FORUM LIMITED

Balance Sheet 31 MARCH 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
9
43
CURRENT ASSETS
Cash at bank and in hand
3,665
CREDITORS
Amounts falling due within one year
10
(840)
NET CURRENT ASSETS
2,825
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,868
NET ASSETS
2,868
FUNDS
11
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
266,508
150,505
(498)
150,007
416,515
416,515		 2024
Total
funds
£
266,551
154,170
(1,338)
152,832
419,383
419,383
1,832
417,551
419,383		 2023
Total
funds
£
294,466
154,856
(802)
154,054
448,520
448,520
3,548
444,972
448,520

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 15 December 2024 and were signed on its behalf by:

I S Rawat - Trustee

The notes form part of these financial statements

Page 9

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer Equipment - 33% Reducing balance
Improvements to Leasehold Property - 10% Reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 10

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations and Gifts
Grants
Grants received, included in the above, are as follows:
Preston City Council - Positive Minds
Big Lottery Fund
Selnet
Islamic Relief
Versus Arthritis
Active
Community Foundation
NHS
Lloyds
Other grants		 2024
£
(3)
107,420
107,417
2024
£
9,864
-
3,244
9,719
-
4,994
3,000
45,501
25,000
6,098
107,420		 2023
£
1
91,376
91,377
2023
£
9,864
46,420
10,536
12,149
3,790
-
-
-
-
8,617
91,376

continued...

Page 11

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

3. CHARITABLE ACTIVITIES COSTS

Provision
of
Services		 Support
Costs		 Management
&
Administration
Total Total
2024 2023
£ £ £ £ £
Wages & Social
Security		 85,521 85,521 56,896
Pension 1,515 1,515 1,039
Rates and Water 818 818 865
Insurance 1,221 1,221 2,412
Light and Heat 1,783 1,783 1,934
Telephone 2,458 2,458 2,089
Postage and
Stationery		 1,642 1,642 1,392
Advertising
Sundries 60 60
Repairs and Renewals 1,463 1,463 4,149
Accountancy 1,766 1,766 1,260
Event Costs 5,549 5,549 1,324
Rent and Insurance 1,500 1,500 1,500
Legal & Prof 1,385 1,385 4,449
Plant & Machinery -
Dep'n		 39 13 52 69
Fixtures and Fittings -
Dep'n		 47 16 63 91
Computer Equipment
- Dep'n		 21 8 29 48
Impvmt Leasehold
Prop - Dep'n		 27,757 27,757 30,842
Bank Charges 178 178 200
Training 1,797 1,797 720
129,496 1,398 5,660 136,554 111,279

continued...

Page 12

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

4. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
Provision of Services 1,752
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2024 2023
£ £
Depreciation - owned assets 27,915 31,049

5. NET INCOME/(EXPENDITURE)

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

7. STAFF COSTS

The average monthly number of employees during the year was as follows:

Average number of employees
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
8,616
EXPENDITURE ON
Charitable activities
Management and Administration
723
Provision of Services
7,753
Support Costs
427
Total
8,903
NET INCOME/(EXPENDITURE)
(287)
RECONCILIATION OF FUNDS
Total funds brought forward
3,833		 2024
4
Restricted
funds
£
82,761
6,959
93,232
2,185
102,376
(19,615)
464,589		 2023
4
Total
funds
£
91,377
7,682
100,985
2,612
111,279
(19,902)
468,422

8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...

Page 13

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
TOTAL FUNDS CARRIED FORWARD
3,546
444,974
9.
TANGIBLE FIXED ASSETS
Improvements
to
Fixtures
Leasehold
Plant and
and
Computer
Prop
machinery
fittings
equipment
£
£
£
£
COST
At 1 April 2023 and
31 March 2024
400,790
4,878
4,245
2,644
DEPRECIATION
At 1 April 2023
106,991
4,672
3,881
2,547
Charge for year
27,757
52
73
33
At 31 March 2024
134,748
4,724
3,954
2,580
NET BOOK VALUE
At 31 March 2024
266,042
154
291
64
At 31 March 2023
293,799
206
364
97
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
£
Trade creditors
(2)
Other creditors
740
Accrued expenses
600
1,338		 Total
funds
£
448,520
Totals
£
412,557
118,091
27,915
146,006
266,551
294,466
2023
£
(2)
204
600
802		 Total
funds
£
448,520

continued...

Page 14

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Restricted
Big Lottery Fund
Preston City Council
Community Development Fund
Environmental Fund
DWP
Selnet
National Lottery - Capital Project
Community Champions Project
Co Op Foundation
Independent Age
LCF Covid
Active Lancashire
Lancashire Environmental Fund - Capital
LCVS - Skelhorn - Capital
LBMN - Micro
Lancashire Care
Islamic Relief
Versus Arthritis
National Lottery - Revenue Project
Community Foundation
NHS
TOTAL FUNDS		 At 1/4/23
£
3,548
2,168
59
25,565
1,071
16,745
15
9,143
293,919
25,540
10,227
11,840
14,755
780
22,500
1,500
434
108
1,676
523
6,404
-
-
444,972
448,520		 Net
movement
in funds
£
(1,716)
-
(20)
57
-
(113)
(5)
-
(27,757)
-
-
-
-
33
-
-
-
-
64
-
-
20
300
(27,421)
(29,137)		 At
31/3/24
£
1,832
2,168
39
25,622
1,071
16,632
10
9,143
266,162
25,540
10,227
11,840
14,755
813
22,500
1,500
434
108
1,740
523
6,404
20
300
417,551
419,383

Page 15

continued...

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Big Lottery Fund
Preston City Council
Environmental Fund
DWP
National Lottery - Capital Project
Active Lancashire
Islamic Relief
Community Foundation
NHS
TOTAL FUNDS		 Incoming
resources
£
34,340
(1)
9,865
-
-
-
4,994
9,717
3,002
45,500
73,077
107,417		 Resources
Movement
expended
in funds
£
£
(36,056)
(1,716)
(19)
(20)
(9,808)
57
(113)
(113)
(5)
(5)
(27,757)
(27,757)
(4,961)
33
(9,653)
64
(2,982)
20
(45,200)
300
(100,498)
(27,421)
(136,554)
(29,137)

Page 16

continued...

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Restricted
Big Lottery Fund
Preston City Council
Community Development Fund
Environmental Fund
DWP
Selnet
National Lottery - Capital Project
Community Champions Project
Co Op Foundation
Independent Age
LCF Covid
Active Lancashire
Lancashire Environmental Fund - Capital
LCVS - Skelhorn - Capital
LBMN - Micro
Lancashire Care
Islamic Relief
Versus Arthritis
National Lottery - Revenue Project
TOTAL FUNDS		 At 1/4/22
£
3,833
2,168
88
24,216
1,071
16,891
22
7,689
324,760
25,540
10,227
11,840
14,755
780
22,500
1,500
434
108
-
-
-
464,589
468,422		 Net
movement
in funds
£
(285)
-
(29)
1,349
-
(146)
(7)
1,454
(30,841)
-
-
-
-
-
-
-
-
-
1,676
523
6,404
(19,617)
(19,902)		 At
31/3/23
£
3,548
2,168
59
25,565
1,071
16,745
15
9,143
293,919
25,540
10,227
11,840
14,755
780
22,500
1,500
434
108
1,676
523
6,404
444,972
448,520

continued...

Page 17

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Big Lottery Fund
Preston City Council
Environmental Fund
DWP
Selnet
National Lottery - Capital Project
Islamic Relief
Versus Arthritis
National Lottery - Revenue Project
TOTAL FUNDS		 Incoming
resources
£
8,616
-
9,864
(1)
-
10,538
-
12,149
3,791
46,420
82,761
91,377		 Resources
Movement
expended
in funds
£
£
(8,901)
(285)
(29)
(29)
(8,515)
1,349
(145)
(146)
(7)
(7)
(9,084)
1,454
(30,841)
(30,841)
(10,473)
1,676
(3,268)
523
(40,016)
6,404
(102,378)
(19,617)
(111,279)
(19,902)

continued...

Page 18

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted
Big Lottery Fund
Preston City Council
Community Development Fund
Environmental Fund
DWP
Selnet
National Lottery - Capital Project
Community Champions Project
Co Op Foundation
Independent Age
LCF Covid
Active Lancashire
Lancashire Environmental Fund - Capital
LCVS - Skelhorn - Capital
LBMN - Micro
Lancashire Care
Islamic Relief
Versus Arthritis
National Lottery - Revenue Project
Community Foundation
NHS
TOTAL FUNDS		 At 1/4/22
£
3,833
2,168
88
24,216
1,071
16,891
22
7,689
324,760
25,540
10,227
11,840
14,755
780
22,500
1,500
434
108
-
-
-
-
-
464,589
468,422		 Net
movement
in funds
£
(2,001)
-
(49)
1,406
-
(259)
(12)
1,454
(58,598)
-
-
-
-
33
-
-
-
-
1,740
523
6,404
20
300
(47,038)
(49,039)		 At
31/3/24
£
1,832
2,168
39
25,622
1,071
16,632
10
9,143
266,162
25,540
10,227
11,840
14,755
813
22,500
1,500
434
108
1,740
523
6,404
20
300
417,551
419,383

continued...

Page 19

PRESTON MUSLIM FORUM LIMITED

Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2024

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Big Lottery Fund
Preston City Council
Environmental Fund
DWP
Selnet
National Lottery - Capital Project
Active Lancashire
Islamic Relief
Versus Arthritis
National Lottery - Revenue Project
Community Foundation
NHS
TOTAL FUNDS		 Incoming
resources
£
42,956
(1)
19,729
(1)
-
10,538
-
4,994
21,866
3,791
46,420
3,002
45,500
155,838
198,794		 Resources
Movement
expended
in funds
£
£
(44,957)
(2,001)
(48)
(49)
(18,323)
1,406
(258)
(259)
(12)
(12)
(9,084)
1,454
(58,598)
(58,598)
(4,961)
33
(20,126)
1,740
(3,268)
523
(40,016)
6,404
(2,982)
20
(45,200)
300
(202,876)
(47,038)
(247,833)
(49,039)

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 20

PRESTON MUSLIM FORUM LIMITED

Detailed Statement of Financial Activities FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations and Gifts
Grants
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Repairs and Renewals
Staff Training
Legal and Professional
Event/Activities
Rent and Insurance
Depn of improv leasehold prop
Plant and machinery
Fixtures and fittings
Computer equipment
Bank Charges
Support costs
Governance costs
Accountancy and legal fees
Total resources expended
Net expenditure		 2024
£
(3)
107,420
107,417
107,417
84,965
556
1,514
818
1,220
1,783
2,457
1,643
60
1,462
1,798
1,385
5,549
1,501
27,757
51
73
32
178
134,802
1,752
136,554
(29,137)		 2023
£
1
91,376
91,377
91,377
56,896
-
1,039
864
2,412
1,934
2,090
1,392
-
4,149
721
4,450
1,325
1,499
30,841
68
91
48
200
110,019
1,260
111,279
(19,902)

This page does not form part of the statutory financial statements

Page 21