Reglstered Company Number: 03974795 (England and Wales) Registered Chartty Number: 1093457 Muslim Educational Consultative Committee Report of the Trustees and Financial Statements For the year ended 31-March-2024
Muslfm Educatlonal Consultatlve Commlttee Report of the Trustees & Financial Statements For the year ended 31-March-2024 Table of contents Pa eNo. Trustees Annual Report Independent Examination Report statement of Financial Activities io Balance Sheet li Notes to the accoutns 12-16 Page I
REGISTERED COMPANY NUMBER: 03974795 (England and Wales) REGisfERED CHARITY NUMBER: 1093457 Re ort of the ements for the ia 31 March 2024 Muslim Educational Co Co mitte tstive Page 2
STRUCTURE, GOVERNANCE AND MANAGEMENT MECC Trust consists of six members, all office bearer5 who are elerted on three years terrn at the AGM. The Board of Trustees has overall strategic and policy management responsibility. The Trustee5 are selected with a view to ensuring that the committee contains a broad range of knowledge skills and reflects a spertrurn of experience and backgrounds. The day-to-day operations of MECC Trust are delegated to Projects Manager and 6 staff and 2 volunteers who oversee the delivery of a range of projects and activities. The Board of Trustees take all substantial decisions that are delegated to the Project Manager for implementation. The Executive Committee of the Board of Trustees manages the risks inherent in its business via a comprehensive Risk Assessment that was last updated in Oct 2023 and is reviewed every three years. However, the risk assessment is kept up to date in line with the ongoing changing busines5'5 needs. The Trust maintains Public Liability and Employment Liability insurance for all operations / activities and assets. Pro ects su ort staff ot MECC Trust. Projects Manager Mohammed Khalid Art & Cultural Consultant Ta5awar Bashir Heather James Energy Advisor Health & Soclal Worker Rukia Mahmood Employment Advisor Farheen Ahmed Bi Welfare Advisor Zara Ramzan Welfare Advisor Fehr Al-Amin Walk Leader / Advisor Khaled Hazern Walk Leader / Driver Bashir Ahmed Volunteers Mahmood Sadiq Orang Zaib
OBJECTIVES: Provide one to one counselling to our clients to become employable for them to recognise their own prioritvs role and responsibilty. To support people through the transition of been employed who find it difficult to adjust to their new status. To maximising our clienvs income, by way of ensuring that appropriate In-work benefits are been fu Ily uti lised. To provide guidance and support for short- and long-term unemployed people who want to return to employment. Provide a rapid and independent support service, accessible to all. Facilitate assessments for our clients to acquire further education, training and improve skill base levels. Maintain strict confidence in accordance with Data Protection at all times regarding personal information obtained and stored. Mainta in regular personalised contact with our 'clients' To work in 'partnership" and build links with other local, regional agencies. ACHIEVEMENTS AND PERFORMANCE Current Projects: MECC Trust is dedicated to fostering a safe and inclusive environment where everyone in the community can thrive. Our mission is to 5UPPOrt community members, with a special focus on disadvantaged or vulnerable individuals of all ages. We are committed to enhancing lives by providing cornmunity services tailored to the needs of residents in a warm and welcoming manner. Our goal is to address deprivation by offering personalised, relevant services to the local community. These service5 are based at our Centre on Court Road, Balsall Heath B12 9LQ in Birmingham. Key Achievements: LADS 3 Green Home G rants: Is Initiative by Birmingham City Council IBCC) is a program aimed at promoting energy efficiency and sustainability in residential properties Wlthin the Birmingham area. The initiative provides grants and support to homeowners and landlords to implement green home improvements, such as installing energy-efficient heating systems, insulation, and renewable ener technoloEies. The objective of the LADS 3 Green Home Grants Initiative is to reduce carbon emissions, lower energy bills for residents, and improve the overall environmental performance of homes in Birmingham. By incentivizing and faci litati ng the adoption of green technologies and practices, the initiative contributes to the city's efforts to combat climate change and create a more sustainable living environment for its residents. Project ended Sept 23. Brum Energy: MECC Trust is part of a consortium led by Birmingham Voluntary Service Council (BVSC), airned at addressing energy-related challenges faced by residents in Birmingham. This project focuses on promoting energy efficiency, reducing energy costs, and increasing awareness about sustainable energy practices within the community. Page S
Health and Social Project: Our Health and Social Project has been instrumental in providing crucial support to community members grappling with mental health issues, financial instabilityj and social isolation. Recognising the diverse needs of our community, we have significantly expanded our 5eniice5 to offer comprehensive assistance. Fi nancial Assistance: In response to the growing financial uncertainties faced by many, we have introduced programs that provide advice on debt management, budgetingi and fi nancial plan ning. Our team works closely with individuals to develop sustainable financial strateEies, ensuring they can navlgate economic challenges more effectively. Information Advice and Guldance: Understanding the complexities of government welfare programs, we provide detailed guidance and support to help communriy members access the benefits they are entitled to. Our advisors are highly knowledgeable about the latest policies and procedures, ensuring that individuals receive accurate and timely information. Through our expanded services, the Health and Social Project has made a significant impact on the lives of those we serve. We promote a healthier, more connected, and financially secure communrty by offering comprehensive support. Income Maximisation Fund (IMF): One of our keyiniti3tives,the Income Maximisation Fund, has been particularly successful. Over the past year, our members have benefited from £950,000 in financial support through this program. This substantial assistance has helped many navigate financial challenges and improve their overall well-being. Lottery Cost of Living Project: Isa program aimed ataddressingthefinancial challenges and concerns faced by individuals and families in managing their day-tTrday expenses, using funding from lottery proceeds to support initiatives that alleviate financial burdens, improve financial literacy, or provide direct assistance to those struggling with the cost of living. MECC is also collaborating with BVSC to deliver HSF {Household Support Fund), where individuals are supported with a one-off grant of £200. Employment and Training Support: MECC Trust's Employment and Trainlng Support Team continued to provide invaluable guidance to individuals seeking employment. We focused on helping clients navigate online job searches, a(sS government benefits, and build essential skills for the job market. Our support extended to clients facing language and IT barriers. Enterprislng Hub: The MECC Enterprising Hub plays a vital role in the startup business bv offerinE the infrastructure, support, and community necessary for entrepreneurs to thrive. It serves as a catalyst for innovation, economic growth, and the development of new businesses. MECC provides essential resources such as fundin& mentorship, legal advice, and business development tools. Additionally, it offers workshops, seminars, and training programs to help entrepreneurs enhance their skills. covering topics like business planning, marketing, technologydevelopment, and financial management. The hub also guides startups through the complexities of legal and regulatory issues, aiding them in successfully13unching and managing their bu5inesse5. Page 6
io. Social I ntegration: To combat social isolation, we have organised various community events and activities designed to foster connections and build a sense of belonging. These initiatives i nclude social gathering at our centre on Friday afternoor), volunteer opportunities, and community outreach programs that encourage actlve particlpation and engagement. 11. Islamic Information Services: We expanded our outreach through Islamic Information Services, offering materials, Quran classes for women, and foster,'ng intercultural dialogue to promote a deeper understanding of Islam within the broader community. 12. Arts & Cultural Project: MECC collaborated with the National Memorial Arboretum on exhibitions about Kashmiri soldiers in the World Wars and the Covid Pandemids impact on Birmingham residents. The 2023124 show, produced with MECC Trust volunteers and elders, attracted over3100 visitors. Community Art and culture are increasingly valued in the charity sector for storytelling and community representation. MECC regularly host workshops where community members can explore various art forms like painting, sculpture, or digital art. These sessions, led by local artists, offer a creative outlet for participants. We encourage collaborative projects where community members work together to create something to represent their community. Future Development Goals: Our vlsion for the future is firmly rooted in the continued advancement of community and economic development initiatives, underpinned by a resolute community-cantered approach. This vision revolve5 around creating opportunities for the unemployed and disadvantaged individuals residing in Balsall Heath and its surrounding areas. Our key objectives encompass: l. Initlatlng Income-Generating Projects: We are committed to launching project5 that empower individuals to generate income, promoting financial independence and stabilitv. 2. Human Resources Assessment: We will conduct a comprehensive assessment of our human resources, ensuring we have the right talent and expertise to drive our initiatives forward. 3. Project Evaluation and Expansion: We will rigorously evaluate our existing projects while exploring opportunities for new Services that address the evolving needs of our community. 4. Stakeholder Engagement: We will nurture and expand our relationships with essential stakeholders, fostering collaboration and synergy in our shared mission. Accounts MECC have employed Nextin Accounts to carry oul accountancy and payroll along with producing the annual accounts, there are monthly finance management Lncetings that take place to ensure adeqlte fmance control processes are embedded and ongoing reviews regarding the perfornJaucLs of the Trnst. The Trust is now more fonvard plannin& atLd it is envisaged that forecasting & budgeting will become the forefront of the finance agenda. It is believed thercfore that strategically. we call look at how to better utilise the resourc&g we must provide a better servicc to our clients is our overriding objective. The E4xecutive Committee's policy is to invest surplus fund4 and to endeavour to keq) a balance of ai least £30,OOQ for working capital to cover the forthcoming six months, rnnning ci)sts and help finance tUre projects. Page 7
Acknowledgments: MECC Trust and its Board of Tnjstecs cxpress their deep appreciation and heartfejt gratitude to the OrgtlSatl0ftS and individuals who have aclively or financially supported MECC Tjst'S operatio over the past year. We extend our special and sincere thanks to the following individuals and organisations for tELeir instrumental support throughout the year: SmalI company provisions This report has been prepared in accordance with the smalL compantes. regime under Lhc Companies Act 2006. Appxoved by the Board and signed on its behalf by: Mazar Dad (Chairman) Date: Page 8
Independent Examlner's Report to the Trustees of Muslim Educatlonal Consultative Committee I report on the accounts for the year ended 31 March 2024 set out on pages 7 to 13. Respective responsibilities of trustees and examiner The charity's trustees {who are also the directors for the purposes of company law} are responsible for the preparation of the accounts. The charity's trustees consider that an audit 15 not required for this year (under Section 144121 of the Charities Act 2011 (the 2011 Actll and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is ellgible for independent examinatlon, 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 Commlssion (under Section 145151(bl of the 2011 Act). and - to state whether particular matters have come to my attention. Basls of the 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 accaunts 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 provlde 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 statements below. Independent examiner's statement In connection with my examination, no matter has come to my attention: {1) which gives me reasonable cause to believe that, in any material respect, the requirements -to keep accounting records in accordance with Section 386 and 387 of the Companle5 Act 2006,, and to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles ofthe Statement of Recomrnended Practice: Accounting and Reporting by Charities have not been met; or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding af the accounts to be reached. Nadeem Umer IIFA) Nextin Accountants 38-P Alum RocbRoad Birmingham, IJA Date: Page 9
Muslim Educational Con5ultathie Committee Statement of Financial Actlvities forthe Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total funds Unrestrlcted Notes funds Restrlcted funds INCOMING RESOURCES Incoming rsources from geneTated funds Voluntary & Projert income Investment income 7,919 525 228.301 236,220 525 152,108 Totsl incomlng resources 8,444 228,301 236,745 152,108 RESOURCES EXPENDED Charitable activities General and project Costs Goverdnce costs 22,228 23,129 103,028 125,255 23,129 119,329 9,477 Total resource5 expended NET INCOMEING/fOLITGOIN6) RESOURCE5 BEFORE TRANSFRS 45.357 103,028 148,a84 128,806 136,912 125,273 88,361 23,302 Gross transfers between funds 125,273 1125,273) Net Incoming/{outgoinEI resource5 88,361 88,361 23,302 RECONCILIA TIOI4 OF FLINDS Total funds brough fOard 140.181 60,000 200,181 176,879 TOTAL FUNDS CARRIED FORWARD 228,542 60,000 288,542 200,181 Page 10
Muslim Educatlonal Consultative Commlttee Balance Sheet At 31 March 2024 31.3.24 Totsl funds 31.3.23 Total funds Notes FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash in hand and at b2nk 206.924 209,421 244,603 244.603 150,926 150,926 CURRENfLIABILifiES Creditors {6,0301 (1661 238,573 150,760 NEf CURRENT ASSETS TOTAL ASSETS LESS CURRENr LIABILITIES 445,497 360,182 ACCRUALS AND DEFERRED INCOME NEf ASSETS 445.497 360,182 FUNDS U r)restricted funds Restricted funds Revaluatlon reserve TOTAL FUNDS io 2Z8,542 60,000 160,000 448,542 140,182 60,000 160,OIX) 360,182 The charitable company 15 entitled to exomption from audlt under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. Tho members have not required the charrtable company to obtain an audit of its financlal statemonts for the year ended 31 March 2024 In accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilitles for al en5urlng that the charrtable company keeps accounting records that comply with Sections 386 and 387 of the Companles Act 2006 and Ibl preparlng financial statements which give a true and lair view of the State of affairs of the charltable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the reoulrements of Sections 394 and 395 and which otherwlse comply with the requirements of the Companies Act 2006 relating to financial Statements, so far a5 applicable to the charitable company. These financlal statements have been prepared in accordance wlth the special provislons of Part 15 of the Companies Act 2006 relating to small charitable cornpanie5 and with the Financial Reportlng Standard for Smaller Entities leffectlve April 20081. The flnancial statements were approved bythe Board of Trustees on .. .. behalf bv.. ere signed on its azar Dad (Chairman) The notes form part of these financial statements PaEe 11
Musllm Educatlonal Consultative Commlttee Notes to th@ Flnancial Statements forthe Year Ended 31 March 2024 I. ACCOUNTING POLICIES Accounti ng convention The financial statements have been prepared under the hlstorical cost convention, and in accordance wlth the Financial Reporting Standard for Smaller Entitie5 {effective lanuary 2015), the Companies Act 2006 and the requlrements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Xncomlng resources All incoming resources are Included on the Statement of Finandal Activities when the charity is legally eniltled to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure Is accounted for on an accruals basls and has been cla&sified under headings that aggregate all cost related to the category. Where costs cannot be direcuy attributed to particular headings they have been allocated to actlvities on a basis consistent with the use of resources. Reserves pollcy The Board ofTru5tees have adopted a reserve policyto hold a minimum reseNe of approximately £60, 000, equlvalent to seven months running cost to fund unexpecied expenditure shortfalls In Income and to ensure that It can cover committed expenditure If funding from any source is delayed, reduced or discontinued. Tangible fixed assets annual rates in order to write off each asset over its estimated useful Ilfe. - FF & Equpment 18% WDV Plant & Machlnery 180h WDV Land and Buftlding is revalued at £195,547 in the previ¢)us accounting years and a Revaluation Reserve was created accordingly. Taxatlon The charity is exempt from corpordtlon tax on its charttsble actiVieS. Fund accounting Unrestricted funds can be used in accordan with the charitable objectives at the discretion of the trustees. Restrlcted funds can only be used for partl(JJlar restricted purpuses Withln the objerts of the charity. Restrictions arfse when specified by the donor or when fvnds are raised for particular restrfcted purposes. Further Èxplanation of the nature and purpose of each fiJnd is included in the notes to the flnancial stateTnents. Page 12
Musllm Educational Consultative Commltteé Notes tothe Financial Statements forthe Year Ended 31 March 2024 2. VOLUNTARY & PROJE INCOME 31.03.24 31.03.23 79 445 Donatlons Project 7,840 7,600 144,063 Grants 228,301 HMRCJRS Grant 236.220 152,108 -Grants received, Included in the above, are as follow5: NGED S WE PLC National Grid DOD GRP Midland Small Health Community Forum EonES Heart of England 8,380 2,195 12,183 2,347 32,142 24,366 Community Organisation 74,746 Aclvlco DCFM Ltd 20,315 49,377 The Edward Cadbury Eccr Grant 5,000 National tK)ttcry Community Fund 9,946 Community tter5 Fund 9.896 The R.owlAnd5 Trust 4,160 G2rfield Weston Foundation Grant 10,000 Act on Energy 1,318 Bhm Voluntary 75.993 30,000 228.301 144.063 -Donatlon5 received, Included in the above. are as follows: Members Donations 400 45 Easy Funding 79 The Muath Trust 79 445 Page 13
Muslim Educatlonal Consultative Committee Note5 to the Flnancial Statements-continued for the Year Ended 31 March 2024 3. INVESTMENT INCOME 31.03.24 31.03.23 Deposlt account interest 525 4. TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefitsfor the year ended 31 March 2022 nor for the year ended 31 March 2023 . Trustees, expense5 There were no trustees, expenses paid forthe yearended 31 March 2022 norforthe year ended 31 March 2023. 5. STAFF COSTS 31.03.24 31.03.23 Wages and Salaries The average monthly numberof employees duringthe year was as follow5: 77,472 69,266 31.03.24 31.03.23 No employees received emoluments in excess of £60,0(K). 6. TANGIBLE FIXED AsSs Furniture, Plant & Fixture and Machlnery Equiprnent (Van) Land and Building Total COST At l April 2023 Additlons At 31 March 2024 195,547 720 16,2CKI 212,467 195,547 720 16,200 212,467 A¢cumulated Depreclation At l April 2023 Depreciation for the year At 31 March 2024 130 106 230 2,916 2,391 5,307 3,046 2,497 5,543 NEf BOOK VALUE At 31 March 2024 195,547 484 10,893 206,924 At 31 March 2023 195.547 590 13,284 209,421 6a. Debtors 31,03.24 31.03.23 Prepaid Insurance Prepaid Rent for 91 Court Road Prepaid Rates Page 14
Muslim Educational Consultative Committee
Notes to the Financial Statements-continued for the Year Ended 31 March 2024
| 7. CREDITORS PAYE payable Wages payable Pension payable Other taxex and social security payable |
31.03.24 £ 3,240 1,975 990 6,206 |
31.03.23 £ 93 - 73 166 |
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8. ACCRUALS AND DEFERRED INCOME
Accruals and defferred income - -
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Fixed assets Current assets Creditors Accruals and deferred income MOVEMENT IN FUNDS Unrestricted funds General fund Revaluation Reserve Restricted funds Restricted Grant Income TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund Restricted funds Restricted Grant Income TOTAL FUNDS |
Unrestricted funds £ 206,924 184,603 (2,985) 0 388,542 At 31.03.23 £ 140,181 160,000 60,000 360,181 as follows: |
Restricted fund £ - 60,000 - 60,000 Net Movement in funds £ (36,912) 125,273 88,361 Incoming Resources £ 8,444 228,301 236,745 |
31.03.24 Total funds £ 206,924 244,603 2,985 - - 448,542 Transfers between funds £ 125,273 125,273 - - Resources Expended £ 45,357 - 103,028 - 148,384 - |
31.03.23 Total funds £ 209,421 150,926 166 - - 360,181 At 31.03.24 £ 228,542 160,000 60,000 448,542 Movement in funds £ 36,912 - 125,273 88,361 |
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10. MOVEMENT IN FUNDS
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Muslim Educational Consultative Committee
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| INCOMING RESOURCES Donations and fundraising Project income Grants HMRC Grants Investment income Deposit account interest Total incoming resources RESOURCES EXPENDED Project costs Total project costs Charitable activities Wages Postage and stationery Sundries Telephone and internet Heat and light Insurance Rent and rates Water rates Web costs Repairs and maintenance Cleaning Depreciation Bank charges Governance costs Accountancy Legal and professional Fundraising costs & Consultancy Bank charges Total resources expended Net income/(deficit) |
31.03.24 £ 79 7,840 228,301 - 236,220 525 236,745 22,228 77,472 798 2,774 1,984 3,749 1,367 4,925 318 207 5,620 1,243 2,497 73 103,028 660 4,084 18,325 60 23,129 148,384 88,361 |
31.03.23 £ 445 7,600 144,063 - 152,108 - 152,108 27,411 69,266 4,432 392 2,255 2,455 2,635 4,149 1,010 - 386 1,830 3,043 65 91,918 576 2,845 5,995 60 9,477 128,806 23,303 |
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