THE MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
CHARITY REGISTRATION NO: 1084651
THE MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
CONTENTS
For The Year Ended 31 December 2022
| Page | ||
|---|---|---|
| 1. | Trustees’ Report | 1-2 |
| 2. | Independent examiner’s report | 3 |
| 3. | Statement of Financial Activities | 4 |
| 4. | Statement of Financial Position | 5 |
| 5. | Notes to the Financial Statements | 6-9 |
MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The below Trustees were in office at the year-end:
Mr H R Khan Mr N Jaffer Dr M S Shafi Dr A Mohamedali Ms Z. Mohammed (appointed 13.04.2023) Dr M. S. Amin (appointed 13.04.2023)
At the end of 2022, the entity had total closing reserves of £93,052 (2020: £99,836), of which £36,960 are free unrestricted reserves. The entity has embarked on several projects throughout the year, of which the two largest funded areas are detailed below:
Achievements
Centre for Media Monitoring (CfMM)
During 2022 Centre for Media Monitoring continued with its three key areas of work: Monitoring, Advocacy and Community Engagement. CfMM monitored 42,020 online articles and 28,103 TV Broadcast Clips. They wrote several articles for various publications about problematic issues in the media as well submitting 22 complaints to different media outlets due to inaccurate, misleading or misrepresentative coverage of Muslims and/or Islam.
Apart from sitting on the Editorial Advisory Board of The Mirror and Keele University’s Islamophobia project, CfMM also contributed to a European project on Gendered Based Islamophobia in the Media. Stakeholder engagement with senior staff at print and broadcast outlets continued with training in “Conscious Journalism” being delivered to Reach Plc, The Standard and the Independent newspapers. CfMM also submitted evidence to the House of Commons Public Bill Committee on the Online Safety Bill and worked on a European project on Gendered Based Islamophobia in the media.
CfMM attended and sat on panel discussions at high-level conferences including the Society of Editors’ conference on the Future of News, Channel 4’s Diversity Festival, National Council for the Training of Journalists’ conference on Diversity and Lenny Henry’s Centre for Media Diversity launch.
Building on its links with universities, CfMM delivered Masterclasses on “Reporting on Muslims and Islam” to students at all the major schools of journalism including City, Cardiff, Sheffield, Leeds, Goldsmiths, Westminster, Middlesex, Oxford Brookes to mention a few. It also continued delivering media workshops to community organisations throughout the country.
Visit My Mosque 2022
We supported the major national Visit My Mosque initiative facilitated by the Muslim Council of Britain, the first in-person Visit My Mosque Day since the curtailment of the coronavirus pandemic.
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
With over 220 Mosques participating across the UK and tens of thousands of visitors from all walks of life, the success of this year’s campaign was seen in the diversity of turn out and the hard work and commitments from Mosques to provide a day of learning, sharing and fun. With over 200 mosques participating and 300 resource packs delivered with many senior Members of Parliament and local councillors from across the political spectrum attending their local mosque.
DWP Kickstart Scheme
The DWP Kickstart Scheme was launched during the COVID19 pandemic to supporting young people in unemployment to gain access to work experience, by supporting employers with the salary costs of the young person for up to 6 months. The scheme initially required employers intending to recruit less than 30 employees to register via a Gateway Employer. MCBCF acted as a Gateway Employer, enabling 98 young people to access employment opportunities with 18 employers for up to 6 months. Funding for the scheme concluded in 2022.
Trustees’ Responsibilities
The Trustees are responsible for preparing financial statements for each financial year which give a true and fair view of the state of affairs of the organisation and of the incoming resources and application of resources of the organisation for that period. In preparing these financial statements, the Treasurer followed best practice and is required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP 2015 (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the organisation will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the organisation and following best practice 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 organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Mr H R Khan Trustee
29 October 2023
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 4 to 9.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records
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the financial statements 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 Standards applicable in the UK and Republic of Ireland (FRS102).
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.
Iqbal Chowdhury FCCA Ipsum Accountants Ltd Chartered Certified Accountants 16 High Holborn London WC1V 6BX
29th October 2023
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVIITES INCLUDING INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Notes Income from: Donations and legacies 2 Total income Expenditure on: Cost of Generating funds 3 Charitable activities 4 Administration costs 5 Total resources expended Net surplus/ (deficit) for the year Net movement in funds Fund balances at 1 January 2022 Transfer between funds Fund balances at 31 December 2022 |
Unrestricted Restricted Total Total funds 2022 funds 2022 funds 2022 funds 2021 £ £ £ £ 40,736 387,525 428,261 517,400 |
|---|---|
| 40,736 387,525 428,261 517,400 |
|
| 74 74 51,379 40,000 377,798 417,798 425,535 17,173 17,173 20,109 |
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| 57,247 377,798 435,045 497,023 |
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| (16,511) 9,727 (6,784) 20,377 53,471 46,365 99,836 79,459 - - |
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| 36,960 56,092 93,052 99,836 |
All of the charity’s activities derived from continuing operations during the above financial periods.
The charity has no recognised gains and losses other than those shown above.
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED 31 DECEMBER 2022
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting Policies
1.1 Basis of preparation of accounts:
The financial statements have been prepared in accordance with 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) - (Charities SORP 2015 (FRS 102), and the Charities Act 2011.
Items are recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The functional currency for presentation is sterling, with balances rounded to the nearest pound.
1.2 Income:
Income is recognised in the period when the charity is entitled to it, the income can be be measured reliably, and its probably that the income will be received.
Donations are recognised when the charity has confirmation of the amount and settlement date. Income with peformance related conditions is deferred until the conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and probably to be fulfilled in the period.
1.3 Expenditure categories:
Expenditure is included in the statement of financial activities when incurred, and includes attributable VAT which cannot be recovered. It is categorised as below:
Fundraising expenditure:
These relate to the costs of resources in running events for public collection, as well as processing fees on donation platforms.
Charitable activity costs:
These expenditures are for deliverance of objectives set out in the Trustees' report, and relate mainly to direct charitable work conducted, in addition to direct costs incurred in facilitating those projects.
Fundraising and Administration
Fundraising costs are those associated with sourcing or the costs of appeals to raise funds to provide the entity with resources to deliver its objectives. Administration costs relate to the costs of governance, IT, finance and other activities involved in managing the organisation.
1.4 Funds: Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. 1.5 Going concern: At the time of approving the accounts, the trustees have assessed that the charity has
adequate resources to continue in operational existence for at least another 12 months, thus adopting the going concern basis of accounts presentation.
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
2 Donations and legacies
| Donations and legacies General donations Visit My Mosque Media Monitoring Project Kickstart Youth Futures Foundation Sri Lanka Charities Aid foundation |
Unrestricted Restricted Total Total funds funds funds funds 2022 2022 2022 2021 £ £ £ £ 39,257 39,257 94,188 10,000 10,000 4,850 51,480 51,480 52,800 326,045 326,045 350,839 0 4,871 0 3,275 1,479 1,479 6,577 |
|---|---|
| 40,736 387,525 428,261 517,400 |
3 Cost of generating funds
| Platform commissions and charges Fundraising consultancy Digital marketing Hire of advertising panels |
2022 2021 £ £ 74 24,171 19,708 7,500 |
|---|---|
| 74 51,379 |
4 Charitable activity costs
| Media monitoring project Visit My Mosque Islamophobia PMB Muslim Leadership Dinner Kickstart Sri Lanka |
2022 2021 £ £ 37,326 42,800 30,000 7,772 10,000 2,100 40,000 310,472 338,856 24,007 |
|---|---|
| 417,798 425,535 |
5 Administration costs
| Administrative expenses Rent Computer expenses Light and heat Subscriptions Insurance Accountancy |
2022 2021 £ £ 4,100 16,000 10,217 162 512 1,018 1,451 32 217 644 729 1,000 1,200 |
|---|---|
| 17,173 20,109 |
Adminstrative expenses in the prior year related to service charge fees payable to the Muslim Council of Britain in respect of expenses related to the use of property. No fees were charged this year.
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
6 Trustees and related party transactions
No Trustees, or any persons connected to them, received any renumeration or benefits from the Charity during the year.
7 Debtors
Amounts falling due within one year:
| Rent deposits Trade debtors Other debtors |
2022 2021 £ £ 4,726 14,531 14,531 14,478 15,678 |
|---|---|
| 33,735 30,209 |
Other debtors include a loan with the Muslim Council of Britain, which is repayable on demand.
8 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | |
|---|---|
| Accruals and deferred income | 2022 2021 £ £ 6,400 6,600 |
| 6,400 6,600 |
9 Restricted funds
| Media Monitoring Project Visit My Mosque Kickstart |
Balance at Incoming Resources Balance at 01/01/2022 resources expended Transfers 31/12/2022 £ £ £ £ £ 10,000 51,480 (37,326) 24,154 24,382 10,000 (30,000) 4,382 11,983 326,045 (310,472) 27,556 |
|---|---|
| 46,365 387,525 (377,798) 0 56,092 |
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
10 Movement in funds:
----- Start of picture text -----
Unrestricted Restricted
Funds Funds Total
£ £ £
As at 1 Jan 2022 53,471 46,365 99,836
Current year (16,511) 9,727 (6,784)
Current year transfer - 0 0
As at 31 December 2022 36,960 56,092 93,052
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11 Taxation
The entity is a registered charity and does not undertake non-charitable activities, hence entitling it to tax exemptions.
12 Events after the reporting period
There were no significant post balance sheet events to disclose.
13 Gifts In Kind And Volunteers
During the year the charity benefited from unpaid work performed by volunteers.
14 Government grants
During the year MCBCF helped facilitate utilisation of the Kickstart scheme, aimed at spurring employment amongst young people.
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