THE MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
CHARITY REGISTRATION NO: 1084651
THE MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
CONTENTS
For The Year Ended 31 December 2023
| 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 2023
The below Trustees were in office at the year-end:
Mr H R Khan Mr N Jaffer Dr A Mohamedali Ms Z. Mohammed Dr M. S. Amin
At the end of 2023, the entity had total closing reserves of £70,311 (2022: £93,052), of which £65,929 are free unrestricted reserves. The entity has embarked mainly on the media monitoring project this year.
Achievements
Cente for Media Monitoring
There was much change at the Centre for Media Monitoring (CfMM) during 2023. The Community Liaison Officer left after 5 years in service, but they also recruited a Project Manager and Media Monitoring Assistant.
Plans were also put into place to scope AI options for automating our monitoring of the media and after five years of an incubation period under the Muslim Council of Britain it was agreed that CfMM would work towards becoming an independent entity.
Beyond that the team continued with its three key areas of work: Monitoring, Advocacy and Community Engagement. A report debunking the myths of so-called Muslim/Pakistani “grooming gangs” was published following the then Home Secretary Suella’s Braverman’s false accusations in the Mail on Sunday that the perpetrators of child sexual exploitation were "almost all British-Pakistani". Following a complaint by CfMM, Mail on Sunday retracted this claim by the Home Secretary.
CfMM made submissions to the Editor’s Code Review and IMPRESS’s Standards Review. Stakeholder engagement with senior media executives continued with organisations like the BBC, Mirror, Express, Mail Online and all the Diversity Equity and Inclusion leads at all media outlets regarding the representation of Muslims & Islam in the media. Masterclasses were delivered to several schools of journalism as well as training to Reach plc.
The last quarter of 2023 was dedicated to all team members monitoring the media, following the October 7th attacks and Israel’s subsequent war on Gaza in preparation for a major report on the media’s coverage.
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
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 2024
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
INDEPENDENT EXAMINER’S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2023 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 2024
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVIITES INCLUDING INCOME & EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
| Notes Income from: Donations and legacies 2 Other income 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 2023 Transfer between funds Fund balances at 31 December 2023 |
Unrestricted Restricted Total Total funds 2023 funds 2023 funds 2023 funds 2022 £ £ £ £ 44,093 87,900 131,993 428,261 4,751 4,751 |
|---|---|
| 48,844 87,900 136,744 428,261 |
|
| 2,647 2,647 74 - - 147,905 147,905 417,798 - 8,933 8,933 17,173 |
|
| 11,580 147,905 159,485 435,045 |
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| 37,264 (60,005) (22,741) (6,784) 36,960 56,092 93,052 99,836 (8,295) 8,295 |
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| 65,929 4,382 70,311 93,052 |
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 2023
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
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 2023
2 Donations and legacies
| Donations and legacies General donations Visit My Mosque Media Monitoring Project Kickstart Charities Aid foundation |
Unrestricted Restricted Total Total funds funds funds funds 2023 2023 2023 2022 £ £ £ £ 43,170 43,170 39,257 0 10,000 87,900 87,900 51,480 0 326,045 923 923 1,479 |
|---|---|
| 44,093 87,900 131,993 428,261 |
3 Cost of generating funds
| Platform commissions and charges Fundraising consultancy |
2023 2022 £ £ 647 74 2,000 |
|---|---|
| 2,647 74 |
4 Charitable activity costs
| Media monitoring project Visit My Mosque Muslim Leadership Dinner Kickstart |
2023 2022 £ £ 120,349 37,326 30,000 40,000 27,556 310,472 |
|---|---|
| 147,905 417,798 |
5 Administration costs
| Administrative expenses Rent Computer expenses Light and heat Subscriptions Insurance Accountancy |
2023 2022 £ £ 4,920 4,100 1,059 10,217 257 162 630 1,018 192 32 875 644 1,000 1,000 |
|---|---|
| 8,933 17,173 |
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
6 Staff emoluments
| Staff emoluments Total wages and salaries Employer's NIC and Pensions Direct Charitable Others Avg No of employees: Admin Avg No of employees: Direct |
2023 £ 43,000 2,023 45,023 33,023 12,000 45,023 1 3 4 None |
2022 £ |
|---|---|---|
| - | ||
| - | ||
| - | ||
| None |
All employment costs form part of the Media monitoring project costs in Note 4 No employees were paid in excess of £60,000 during the current year and previous year No Trustees, or any persons connected to them, received any renumeration or benefits from the Charity during the year.
7 Debtors
| Debtors | |
|---|---|
| Amounts falling due within one year: Rent deposits Trade debtors Other debtors |
2023 2022 £ £ 4,726 4,726 1,201 14,531 14,478 14,478 |
| 20,405 33,735 |
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 | |
|---|---|
| PAYE Pensions Accruals and deferred income |
2023 2022 £ £ 6,976 1,865 1,000 6,400 |
| 9,841 6,400 |
9 Restricted funds
| Media Monitoring Project Visit My Mosque Kickstart |
Balance at Incoming Resources Balance at 01/01/2023 resources expended Transfers 31/12/2023 £ £ £ £ £ 24,154 87,900 (120,349) 8,295 0 4,382 0 - 4,382 27,556 0 (27,556) 0 0 |
|---|---|
| 56,092 87,900 (147,905) 8,295 4,382 |
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MUSLIM COUNCIL OF BRITAIN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
| Movement in funds: As at 1 Jan 2022 Current year Current year transfer As at 31 December 2022 |
Unrestricted Restricted Funds Funds Total £ £ £ 36,960 56,092 93,052 37,264 (60,005) (22,741) (8,295) 8,295 0 65,929 4,382 70,311 |
|---|---|
10 Movement in funds:
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.
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