REGISTERED CHARITY NUMBER: 1066665
MUSLIM WELFARE INSTITUTE
TRUSTEES. REPORT AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
Xeinadin Audit Ltd (Statutory Auditor)
Ground Floor
Citygate
Longridge Rd
Preston
PR2 5BQ

MUSLIM WELFARE INSTITUTE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Reference and Adminlstrative Details
Trustees. Report
Report of the Independent Audltors
statement of Financial Activities
Statement of Financial Position
10
statement of Cash Flows
Notes to the Statement of Cash Flows
12
Notes to the Financial Statements
13 to 20

MUSLIM WELFARE INSTITUTE
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Mr Yusuf Ibrahim Ahmed Moosa
Mr Aziz Raje
Mr Hasan Patel
Principal address
Unit 301
Daisyfield Business Centre
Daisyfield Mill, Appleby Street
Blackburn
Lancashire
BB13BL
Registered charity number
1066665
Auditors
Xeinadin Audit Ltd (Statutory Auditor)
Ground Floor
Citygate
Longridge Rd
Preston
PR2 5BQ
Page 1

MUSLIM WELFARE INSTITUTE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended
31 December 2023. 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
The trustees have considered the Charity Commission's guidance on public benefit, including the guidance
'public benefit.- running a charity.. The charity run on the basis of Public benefit and not for profit purpose. The
objectives of the charity are as outlined in the charity's Governing Instrument. The main objective of the
charity is needy people primarily in, but not restricted to, India, Albania and Bangladesh by focusing on the
following areas:
Providing housing and healthcare facilities.
Establishing and renovating mosques, Cultural centre and madrasas.
Providing education and training in Islamic faith.
Achievement and performance
Charitable activities
This year's annual report covers the 7 countries we are working in at present. We have separated the
countries into 3 regions..
The Balkans which covers Albania, Bosnia and Macedonia.
United Kingdom which covers England.
Asia which covers Bangladesh, India and West Bengal.
The Balkans
Albania
Dar-e Arqam Education Centre
Our Dar-e-Arqam Education Centre in Tirana completed its third full year during 2023. As well as serving as
our head office in the Balkans, it also provides accommodation to visiting guests and the centre is utilised on
the weekends for orphans and widows. classes.
Jameah Riyadh ul Uloom - Laknas
Our JRU institute opened in Laknas in 2015 and completed its 8th year. The institute is in use for education
classes for students, orphans and widows.
Mosques Renovation Programme
10 Mosques were renovated throughout the year 2023. This is now becoming a very popular and regular
project in Albania MA.
Food Distribution Project
To assist needy families, we distributed food packs during the Holy month of Ramadhan & at the time of
Eid-ul-Fitr. We also distributed meat bags on the occasion of Eid-ul-Adha.
Educational Projects
100 classes were funded by the MWI, where 1600 students received free education.
Orphans Sponsorship
550 orphans were sponsored for 12 months.
Bosnia
Following a visit to Bosnia in 2018, the MWI initiated its first project in Bosnia during the year 2020. We
continued with this during the year 2023.
Page 2

MUSLIM WELFARE INSTITUTE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Widows Sponsorship
We sponsored 20 families with a cash grant of £200 each in Srebrenica.
Macedonia
Educational projects
14 classes were funded by the MWI, where 260 children received free education.
United Kingdom
England
Hardship Assistance Programme:
Blackburn:
Assistance was provided to a number of families who were going through difficult circumstances. Food,
clothing, basic essentials, rental payments et¢ etc were provided. We worked closely with the refugees.
organisations here in Blackburn, who carried out the due diligence checks.
Asylum seekersl Refugees..
We assisted a number of asylum seekers here in Blackburn and the Northwest with cash grants.
Asia
Bangladesh
Orphanage Project
Our orphanage constructed in the village of Begumpur completed its 19th year. The orphanage is home to 30
orphans. A number of orphans who have reached the age of 18 have now moved on into either full time
education, further studies or vocational training programmes, depending on their final exam results.
Education Programmes
35 part-time schools were funded where approx. 1500 children acquired secular & religious education.
Food Distribution
Hundreds of needy families were provided with lftaar Packs in Ramadhan and hundreds of gift packs were
distributed prior to the festival of Eid-ul-Fitr.Hundreds of meat bags were distributed on the occasion of
Eid-ul-Adha.
Water Programmes
150 hand pumps installed at various locations throughout the year.
Income Support Programme
45 rickshaw vans distributed.
Wheelchair Distribution
25 wheelchairs distributed.
Group Weddings Programme
Finance was provided for 20 couples who got married at the group weddings programmes that were
organised during the year.
India
Masjid Construction
3 Masjids constructed.
Weddings Programme
35 weddings financed.
Page 3

MUSLIM WELFARE INSTITUTE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Cataract Operations
80 operations carried out.
Dialysis Services
160 dialysis services carried out.
Food Distribution
Food parcels distributed during the holy month of Ramadhan & at the time of Eid-ul-Fitr.
Widowslorphans Sponsorship
100 orphans were sponsored in and around the Ahmedabad area.
West Bengav Bihar
Students sponsorship
65 students sponsored to become Hafez of the Quraan at a local educational institute in Uttar Dinajpur.
Food Distribution
Food parcels distributed for the holy month of Ramadhan & at the time of Eid-ul-Fitr.
Visits
MWI representativeslstaff visited Albania and Macedonia during 2023 to assess and see the projects first
hand and ensure they are running smoothly.
Structure. governance and management
Charity constitution
The power of appointing new Trustees is vested in the Trustees and there are informal procedures in place
for the induction and training of new Trustees. Trustees are also encouraged to attend relevant briefings
courses.
Organlsatlonal structure
The MWI trustee structure remains the same. No changes or amendments during the year.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Muslim Welfare Institute has a risk management policy which is regularly revised to identify and address all
kinds of risks every year. The existing management team is well equipped to discourse, manage and report
the risks internally and externally. The indicated risks identified were successfully reviewed and assessed by
the senior management and trustees during the reporting period. These risks, including strategic, governance
and operational risks, have been identified and ranked in terms of impact and likelihood. The trustees are
satisfied that systems are in place to monitor, manage and mitigate any exposure from these risks and
ensure they are reviewed regularly.
Property Sale
The MWI premises on 35 Wellington Street st Johns had been on the market for nearly 2 years. An offer of
£245,000 was received during the year 2020. The trustees and senior staff decided to accept the offer.
Property was handed over to the new buyers on Friday 27th November 2020.
We moved into our new rented office on Monday 30th November 2020. This is Suite 301 at The Daisyfield
Business Centre on Appleby Street.
Page 4

MUSLIM WELFARE INSTITUTE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure, governance and management
Property Purchase
A small childrens nursery came on the market towards the end of 2023. Asking price was in the region of
£250,000. After viewing the propety, we submitted an offer for £235,000 which was accepted. Sale was
completed in April 2024.
Statement of trustees. responsibilities
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports)
Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources, including the income and expenditure, of the charity for that period. In
preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charity SORP"
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards 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.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuraoy
at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions
of the trust deed. 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.
Approved by order of the board of trustees on
and signed on its behalf by..
Mr Hasan Patel- Trustee
Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
MUSLIM WELFARE INSTITUTE
Opinion
We have audited the financial statements of Muslim Welfare Institute (the 'charity') for the year ended
31 December 2023 which comprise the Statement of Financial Activities, the Statement of Financial Position,
the Statement of Cash Flows and notes to the financial statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is applicable
law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice),
including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,.
In our opinion the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 December 2023 and of its incoming
resources and application of resources, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,
including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland,; and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditors,
responsibilities for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in
the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a
going concern for a period of at least ￿e1ve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the
relevant sections of this report.
other Information
The trustees are responsible for the other information. The other information comprises the information
included in the Annual Report, other than the financial statements and our Report of the Independent Auditors
thereon.
Our opinion on the financial statements does not cover the other information and. except to the extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and,
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine whether this gives
rise to a material misstatement in the financial statements themselves. If, based on the work we have
performed. we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing to report in this regard.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
MUSLIM WELFARE INSTITUTE
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you if, in our opinion:
the information given in the trustees Report is inconsistent in any material respect with the financial
statements., or
sufficient accounting records have not been kept., or
the financial statements are not in agreement with the accounting records and returns., or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees are responsible for the
preparation of the financial statements which give a true and fair view, and for such internal control as the
trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going
concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or
have no realistic alternative but to do so.
Our responsibilltles for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors
that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities,
including fraud and non-compliance with laws and regulations, was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate competence,
capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.,
we identified the laws and regulations applicable to the charity through discussions with trustees and other
management, and from our commercial knowledge and experience of the charities sector,.
we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence- and
identified laws and regulations were communicated within the audit team regularly and the team remained
alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement, including
obtaining an understanding of how fraud might occur, by".
making enquiries of management as to where they considered there was susceptibility.to fraud. their
knowledge of actual, suspected and alleged fraud. and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations.
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
MUSLIM WELFARE INSTITUTE
To address the risk of fraud through management bias and override of controls. we:
performed analytical procedures to identify any unusual or unexpected relationships-
tested journal entries to identify unusual transactions.,
assessed whether judgements and assumptions made in determining the accounting estimates set out in
notes to accounts were indicative of potential bias- and
investigated the rationale behind significant or unusual transactions.
in response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to-
agreeing financial statement disclosures to underlying supporting documentation-,
reading the minutes of meetings of those charged with governance.,
enquiring of management as to actual and potential litigation and claims- and
reviewing correspondence with HMRC, relevant regulators including the Health and Safety Executive, and
the company's legal advisors.
There are inherent limitations in our audit procedures described above. Auditing standards also limit the audit
procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other
management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they
may involve deliberate concealment or collusion.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at ￿w.frC.org.UkIaudlt0rsreSponsib]Iitles. This description forms part of our
Report of the Independent Auditors.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charity's trustees those matters we are required to state to them in an auditors, report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other
than the charity and the charity's trustees as a body, for our audit work, for this report. or ft)r the opinions we
have formed.
-KJL
Xeinadin Audit Ltd (Statutory Auditor)
Ground Floor
Citygate
Longridge Rd
Preston
PR2 5BQ
Date".
Mlot.l.LrfL.(fr......
Page 8

MUSLIM WELFARE INSTITUTE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
funds
fund
Notes
Income and endowments from
Donations and legacies
120,595
1,475,809
1,596,404
1.518.558
Expenditure on
Raising funds
12,728
12,728
10.348
Charitable activities
Restricted expenditure
Unrestricted expenditure
Support costs
1,519,414
1,519,414
63,810
123,649
1,396,550
89,367
127,604
63,810
123,649
Total
200,187
1,519,414
1.719,601
1,623,869
NET INCOMEI(EXPENDITURE)
Transfers between funds
(79,592)
11,827
{43,605)
{11,827)
(123,197)
(105,311)
Net movement in funds
(67,765)
{55,432)
{123,197)
(105.311)
Reconciliation of funds
Total funds brought forward
385.122
65.861
450.983
556,294
Total funds carried fonNard
317,357
10,429
327,786
450,983
Continuing operations
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 9

MUSLIM WELFARE INSTITUTE
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted Restricted
funds
fund
Notes
Fixed assets
Tangible assets
1,237
1,237
1,455
Current assets
Debtors
Cash at bank and in hand
303,543
16,977
303,543
27,406
371,937
81.509
10,429
320,520
10,429
330,949
453,446
Credltors
Amounts falling due within one year
10
(4,400)
(4,400)
{3,918)
Net current assets
316,120
10,429
326,549
449,528
Total assets less current liabilities
317,357
10,429
327,786
450,983
NET ASSETS
317,357
10,429
327,786
450,983
Funds
Unrestricted funds
Restricted funds
11
317,357
10,429
385,122
65,861
Total funds
327,786
450.983
The financial statements were approved by the Board of Trustees and authorised for issue on
..2..*.-..i.o.-2E)2.4... and were signed on its behalf by..
Mr Hasan Patel - Trustee
The notes form part of these financial ststements
Page10

MUSLIM WELFARE INSTITUTE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operating activities
Cash generated from operations
(54,103)
{152.311)
Net cash used in operating activities
{54,103)
(152,311)
Cash flows from Investing activities
Purchase of tangible fixed assets
(300)
Net cash provided byl(used in) investing activities
(300)
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
(54,103)
(152.611)
81,509
234,120
Cash and cash equivalents at the end
of the reporting period
27,406
81,509
The notes form part of these financial statements
Page11

MUSLIM WELFARE INSTITUTE
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
Reconciliation of net expenditure to net cash flow from operating activities
2023
2022
Net expenditure for the reporting period (as per the Statement
of Financial Activities
Adjustments for:
Depreciation charges
Decreasel{increase) in debtors
Increase in creditors
(123,197)
{105,311)
218
68,394
482
257
(47,483)
226
Net cash used in operations
(54,103)
(152,311)
Analysis of changes in net funds
At 1.1.23
Cash flow
At 31.12.23
Net cash
Cash at bank and in hand
81,509
(54,103)
27,406
81,509
(54.103)
27,406
Total
81,509
(54,103)
27,406
The notes form part of these financial statements
Page 12

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. The financial statements have
been prepared under the historical cost convention.
The financial statements have been prepared on the historical cost basis. The financial statements are
prepared in sterling, which is the functional currency of the entity.
Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
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.
Fixtures and fittings
150/0 on reducing balance
Taxation
The charity is exempt from 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease.
Page13
continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng policies - continued
Flnancial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at transaction value and subsequently measured at
amortised cost. Financial assets held at amortised cost comprise cash and bank in hand, trade debtors
and other debtors £330,949 (2022.. £453,446). A specific provision is made for debts for which
reconcilability is in doubt. Financial liabilities held at amortised cost comprise all creditors except social
security and other taxes £20 (2022: £258).
Trade and other debtors
Trade and other debtors that are receivable within one year and do not constitute a financing
transaction are recorded at the undiscounted amount expected to be received, net of impairment.
Those that are receivable after more than one year or that constitute a financing transaction are
recorded initially at fair value less transaction costs and subsequently at amortised cost, net of
impairment.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank
overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or
current liabilities.
Trade and other credltors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost
using the effective interest method unless the effect of discounting would be immaterial, in which case
they are stated at cost.
Donations and legacies
2023
2022
Donations
1,596,404
1.518,558
Raising funds
Raising donations and legacies
2023
2022
Charity dinner
Support costs
10,000
2,728
5,526
4,822
12,728
10,348
Page 14
continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Charitable activities costs
Support
costs (see
note 5)
Direct
Costs
Totals
Restricted expenditure
Unrestricted expenditure
Support costs
1,519.414
63,810
1.519,414
63.810
123,649
123,649
1,583,224
123.649
1,706,873
Expenditure on charitable activities comprises costs associated with the provision of emergency relief
and other humanitarian developments, carried out by the charity, directly and through partner
organizations worldwide. This is further analysed by country as follows.
Partner Organizations
2023
2022
Albania projects
India projects
Bangladesh projects
Adoption and hardship projects
Other projects
915,198
407,760
150,212
10,960
99,094
861,050
455.500
230,000
34,346
56,521
1,583,224
1.487,417
Support costs
Governance
costs
Management Finance
Other
Totals
Raising donations and
legacies
Support costs
293
2,806
2,435
4,832
2.728
123,649
108,421
7,590
108.421
3,099
7,267
7,590
126,377
Support costs, included in the above, are as follows:
Management
2023
Support
costs
2022
Total
activities
Wages
Social security
other operating leases
Rates and water
Insurance
Light and heat
Telephone
84,866
1,430
5,215
215
389
1,265
612
94,757
237
6,181
1,211
1,612
721
Carried forward
93,992
104,719
Page 15
continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs - continued
Management- continued
2023
Support
costs
2022
Total
activities
Brought forward
Postage and stationery
Sundries
Fixtures and fittings depreciation
93,992
9,109
5,102
218
104,719
8,449
372
257
108,421
113,797
Finance
2023
2022
Raising
donations
and
legacies
Support
costs
Total
activities
Total
activities
Bank charges
293
2,806
3,099
3,901
other
2023
2022
Raising
donations
and
legacies
Support
costs
Total
activities
Total
activities
Repairs and renewals
Motor expenses
Travel expenses
2,435
2,435
3,348
505
2,505
4,832
4,832
2,435
4,832
7,267
8.358
Governance costs
2023
Support
costs
2022
Total
actlvlties
Auditors, fee
Accountancy and legal fees
5,520
2,070
4,800
2,070
7.590
6,870
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continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, remuneration and benefits
There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for
the year ended 31 December 2022.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended
31 December 2022.
Staff costs
2023
2022
Wages and salaries
Social security costs
84,866
1,430
94,757
237
86,296
94,994
The average monthly number of employees during the year was as follows..
2023
2022
Management
No employees received emoluments in excess of £60,000.
Tangible fixed assets
Fixtures
and
fittings
Cost
At 1 January 2023 and
31 December 2023
10,890
Depreciation
At 1 January 2023
Charge for year
9,435
218
At 31 December 2023
9,653
Net book value
At 31 December 2023
1.237
At 31 December 2022
1,455
Page 17
continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Debtors: amounts falling due within one year
2023
2022
other debtors
Prepayments and accrued income
235,387
68,156
330,387
41,550
303,543
371,937
10.
Creditors: amounts falling due within one year
2023
2022
Taxation and social security
Other creditors
20
4,380
258
3,660
4,400
3,918
11.
Movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
385,122
(79,592)
11,827
317,357
Restricted funds
Donations and legacies
65,861
(43,605)
(11,827)
10,429
TOTAL FUNDS
450,983
(123.197)
327,786
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
120,595
(200,187)
(79,592)
Restricted funds
Donations and legacies
1,475,809
(1,519,414)
(43,605)
TOTAL FUNDS
1,596,404
(1,719,601)
(123,197)
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continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
Movement in funds - continued
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fund
294.738
57,775
32,609
385,122
Restricted funds
Donations and legacies
261,556
(163,086)
{32,609)
65,861
TOTAL FUNDS
556,294
(105,311)
450,983
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources Movement
expended
in funds
Unrestricted funds
General fund
285,094
(227,319)
57.775
Restricted funds
Donations and legacies
1,233,464
(1,396,550)
(163,086)
TOTAL FUNDS
1,518,558
(1,623,869)
(105,311)
Purpose of UnrestTlCted Funds
General Fund
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees. This fund are used for various administrative and support activities.
Purpose of Restricted Funds
Lillah, Zakat and Sadqah
Restricted funds can only be used for particular restricted purposes within the objectives of the charity.
Restriction arise when specified by donor or when funds are raised for particular restricted purposes.
Zakat and Sadqah is used for charitable activity to help and support poor and needy people eligible for
Zakat and Sadqah.
Page 19
continued...

MUSLIM WELFARE INSTITUTE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
12.
Related party disclosures
There were no related paty transactions for the year ended 31 December 2023.
Page 20