2023-12-31-accounts

REGISTERED COMPANY NUMBER: 04779177 (England and Wales) REGISTERED CHARITY NUMBER.. 1110104 BRITISH MUSLIM HERITAGE CENTRE IA COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Xeinadin Audit Ltd (Statutory Auditor} Ground Floor ctygate Longridge Rd Preston PR2 5BQ

BRITISH MUSLIM HERITAGE CENTRE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Rgfarance and Administrative Details Report of the Truste8S Report of the Independent Auditors Statement of Financial Activities 10 ststement of Flnanclal Position Statement of Cash Flows 12 Notes to the Statement of Cash Flows 13 Notes to the Financial Statements 14 10 24

BRITISH MUSUM HERITAGE CENTRE REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees Mr N Mahmood OBE Dr H AAlmajed Dr M Sarumi Mr M S Al-Astewani Mrs S A￿1 Mr S Thameembasha Dr H M Algarnmas Dr M Abdelrahman Dr A M Almajid Mr F Zaheer Dr A Al Matouq MrAA O Kawooya MrAARSaif Dr A Al Dubayan Mr E M Chohan Mr M U Saleem Company secretary MrF Zaheer Reglstered office British Muslim Heritsge Centre College Road Whalley Range Manchester M16 8BP Registered company number 04779171 {England and Wales) Registered Charity number 1110104 Audilors Xeinadin Audtt Ltd (Statutory Audilorl Ground Floor Ctygate Longridge Rd Preston PR2 5BQ Patrons Sir Warren J. Smrth Mohammed Afzal Khan MP 8ankers The Royal Bank of Scotland Drummond House 1 Redheughs Avenue Edinburgh EH12 9JN Page 1

BRITISH MUSLIM HERITAGE CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Iruslees who are also directors of the charty for the purposes of the Companies Act 2006, p￿sent their report with the financial statements of the charty for the year ended 31 De￿mber 2023. The trustees have adopted the promsions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charf(ies preparing their accounts in 8¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffectwe 1 January 2019). Objectives and activities Objectives and alms The BMHC has developed aims and objective5 that are set out below and refled the ethos of the Cenlre. In terms of setting, reviamng, and planning the BMHC'S future activities, the Trustees have also considered the Charity Commission's general guidance on Public Benefit_ Since its inception, BMHC has striven to Iwe up lo the values by being a place for all communities, providing a welcoming environment and working in partnership for the common good. The wsion of the British Muslim Heritage CenlTe is one of a ITusling relationship bethNeen Muslims and the rest of society based on shared understsnding and shared values. Our mission is to achieve this through the develcpmenl of collaborative and pioneering initiatives that promote and celebrates Muslim heritage and cutture and making il accessible lo all. The BMHC is a centre for all communities- Muslim and non-muslim We strwe to provide a welcoming enmronmenl for all and work in partnership for the common good. In f¢xusing on Muslim herrtage. we mean Muslim history, people and contribution to human cNilization. Strategic report Achlevement and perfomiance Achievements and performance This financial year the Centre fa￿d few challenges due to unforeseen departure of CEO. The operations were affected in his absence as some of the organisations stopped working with us in partnership, i.e NHS and Manchester police. It look a ￿lIe lo eam that confidence back. Engaging and supportlng local communities in Manchester We have managed lo bring together several groups in Manchester. Rochdale and Tameside, Oldham and Bury. Thts was all made possible with the help of Charities, local councils, and GPS Ne￿orkIng DLJring this yèar we introduced three drfferent networking groups 1. Muslim HeaV(h Professionals 2. Professional Business Muslim Ne￿Ork 3. Muslim Chief Executwe Officers Ne￿Ork Intrcxjuclory seminars were hekl al the BMHC, and the professionals were offered a plarfom from where they can meet up and grow professionalty. Aspirfng Leaders Programme We continued to develop young people through our Aspiring Leaders programme. We are pleased lo report that the young people went through several developmental modules that they have completed, and these include politics and the impact of young people this programme came to an end at the beginning of May. Tackllng Hate Partnershlp project We continued working on the Hale Crime project during this year and in the prO￿s, we also became a reporting centre for Hate Crime in collaboration wrth Greater Manchester Police. Page 2

BRITISH MUSLIM HERITAGE CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Tackling Health Inequalities We are pleased to report that the ksl of tackling health inequali(ies programs has su￿sSfUl￿ ended in August 2023. The work began in 2020 until 2023." however, I believe there wll be plenty of opwrtunities to tske up more projects. The reason being that we have buitt up great ￿latiOnshipS wth both the stakeholders and the Muslim communf(ies wlhin Greater Manchester IGM), they are still facing several hearth Inequalrties, including diabetes, cardiovaseular disease, mental health lo infant mortalty and general lrfe expectancy resulting from socioeconomic deprwation. The Brf(ish Muslim Herttage Centre hosted and delivered several training sessions around Mental Health First Aid Training. Young Adults Health and Wellbeing Program This was established to tackle some of the inequalities facing young Muslim people wlhin society- Our experience working w(th young people and research has shown that young people wfch long-temi conditions face significant inequalities. Those who live in the most deprived areas are twce as likely to be admitted lo hospital wrfch asthma compared lo young people living in the kast deprived areas. In addition, young people have told us that racism, discrimination induding Islarnophobia has had an impact on them. Partnership with Islamic Relief We are pleased to report that we still have an ongoing partnership wlh Islamic Relief frKusing on heakh and wellbeing of young people and mental health. We are grateful lo Mr Waseem Ahmad, Global Head of Islamic Relief and Mr Tufail Hussain, the CEO of UK lor Islamic Reltef. Greater Manchester Genes ProSect In October 2022, we stsrted a new project to encourage the Greater Mar¢chester residents to tske part in a major genet￿ study designed lo improve the heatth outcomes of community members wth a Bangladeshi and Pakistani background. This project was completed in April,2023. Tackling Domestic Violenco We are working with Miri Roshni on this new project and have successfully launched it in September,2023. We are developing a training manual and wll deliver training sessions soon. This project focuses on understanding what Domestic abuse is, the drfferent forms and the effect it has on indmduals. We will engage imams and men so tha they can become our tralners and delThier the message to the community. Education and Heritage Our areas of education have focused on cultural and heritage as well as ensuring that we are meeting the needs of the Muslim communty. We are pleased to report that we have continued lo provide the following 8eMces during the year, which induded.. il During Ramadan. We hosted Taraweeh prayers, which were better organized as a￿aYs. The gifts were given out during the Tar8weeh prayers lo appreciate the welkbehaved children during prayer limes. ill GCSE Religious Studies. 1 OOD/o of our students passed their GCSE Religious Studies exams, with of them re￿ivIng 918 grade as a￿laYS, this was an amazing achievement. The good news was shared on social media, receiving a fantastic response of acknowledgement and comments from both Muslims and non-muslims Congratulating us. iii) Islah Youth Group. The Islah Youth Club is bringing young adulis logethor through healthy activrties. The youth club consists of various fun aclivrties and games such as Basketball, Arctr)ery, Football, Pool, Air-Hockey. and Games Console. An Islamic reminder is also gNen to the children each week and along wth other key messages such a health and wellbeing. Children also get to participate in various team building exercises and games to help increase their kn￿edge about Islam. On8 of the key benefits is that the children are around positive Muslim role M￿els. Page 3

BRITISH MUSLIM HERITAGE CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 iv) Heritage Academy. Heritage Academy is contributing towards the nurturing and upbringing of upright citizens through Islamic education and terbiya(training for good behamourl classes. One of our main aim is lo make learning fun, so that children enjoy attending, as well as leaTning the Quran. Heritage Umrah The took Umrah trips (pilgrim to m￿Ca) during 2023 wf(h approximately 117 people from various backgrounds enlisted. The participants were very pleased about the trip and due to its success, insisted on continuion of this seNice. Financlal revlew Financial position Full details of income and expanditure for the year are set out in the Ststemenl of Financial Activf(ies on page 10. Income from charitable a¢tiwties is the main source of funds while som• revenue has been generated donations. The total income from charitable aclinrities for this financial year £942,95612022.' £850,790}. The organisation continues lo improve income generation to support Its increasing activf£ies. Reserves policy Reseves policy The fin8nci81 position is ￿gularfY reviewed by the trustees to ensure effectw8 financial yovernan¢e. This includes monf(oring of the cash and bank balances by the trustees. BhllHC has continued to invest signfficant sums into the new build planning pemiission application preparation and maintenance of its grade Il" listed building. Th8 buitding is central to the fulfilmenl of our vision. The refurbishment and rebuilding process has, thus been a priorty investment focus. Given the scale of the rebuilding and refurbishment project and its continuous demand on funds, it is not possible to maintain reserves. Despite that, the trustees remain confident that given the strength of BMHC'S balance sheet, w((h a combined walue of £11,442,440 of net assets, a dependable network of donors sympathetic to BMHC'S wsion, and Ihe introduction of new revenue streams, there is no need to build up a reseNe. The trustees are confident the org8nisation will continue lo be able to meet with its financi81 obligations accordingty. Risk managemont The trustees active￿ review the major risks which the charity faces on a regular basis and eonfim that they have established systems lo mitigate the significant risks. Investment power The Board of Trustees is aulhorised under the Memorandum and Articles of Assock*ion to make and hold investments using the general funds of the Cha¥ity. However, no such investrnents are presently hèld. Future plans We aim to build on the success of our various programmes and ventures introduced recently. The followng are the highlights of our future plans.. Programmes to benefrt the wder communty. New programmes will be introduced for those wshing to gain an understanding of Islam. Short courses will be introduced for people wshlng lo enhance their knowledge about Islam and Muslim culture in general. The marquee continues to be a useful revenue stream to hell the organisation cary out its Charitable activities. After the completion of the refurbished wng, we are now generating some funds through providing a housing facility for homeless people through a charity. These funds wll be used fur communty welf8re projects and running expenses of the organisalion. Glass R¢¢8ption: The Glass reception is the next area lo be completed in the building. This is going lo be a great attraction for the community as il will provide an area for people lo socialise and relax. wi(h refreshments being availablo. Page 4

BRITISH MUSUM HERITAGE CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Structure, governance and management Bri(ish Muslim Heritage Centre IBMHC, hereafter) was incorporated as a Limited company, company number 4779177, on 28 May 2003 as Manchester Muslim Heritage Centre. It was granted charitable status under Charrties Act on 20 June 2005, {registration number 1110104). The chartys name was changed lo Brrtish Muslim Heritage Centre on 31 August 2005. BMHC is govemed by a Memorandum and Art￿leS of Association (amended by special resolutions}. There are no spectfic restrictions imposed on how the Ch8rty should operate lo achieve rts objective. However. the income and assets of the Charty must be applied solely for the pijrpose of achiemng rts objectives. The Board of Trustees comprises members from diverse backgrounds. Trustees are seleded based on their skills. experience and networks, and the needs of the company. All members of the Board of Trustees work on voluntary basis onty and dodicale a considerable amount of lime lo the Charitys activities. The power of appointing new Trustee5 is vested in the Trustees and there are infomial procedures in place for the induction and training of new Trustees. Trustees are also encouraged to attend relevant briefings and courses. The Board of Trustees deals wf(h matters pertaining corporate strategy. key strategic objectives. and targets. The Board also deals wrth major decision making including for the use of financial and other resourw and the agreement of budgets for projects and operations. Furthemore. dealing with issues conceming staff appointments and ensuring ongoing viability of the Charty is 31so undertaken by the Board. The Board has established working groups, which generalty comprises beiween one to ￿ Trustees, advisors, Trust staff and, where appropriate, consultants for e￿h project. Addrf(ionalty, Trustees are identrfied a$ mentors for dEfferent aspects of the Trust's activities. The Chief Execub've Officer ICEOI. working in conjunction wrth Trustees, delegates much of the day-to4ay running of the organisation lo managers, who are the principal advisers to the Board. The managers take part in select Board meetings and, subject to the B08rd's approval, represent the TTUSI in meetings conducted outside the Centre. The Trust staff h8S the 8Uthority to implement ¢orpor*e strategy, make decisions, respond lo consullalions, 8lbcale resources and commf( expenditure in accordance wlh the strategic, budgetary and policy framework sel by the Board. Furthemore, the contribution by a number of volunteers with variety of skills has continued to enhance the image of the organis81ion. The Trustees received no remuneration in respect to their services to the Trust. Trustees. responsibilty statement The Iruslees (who are also the directors of Brtiish Muslim Heritage Centre for the purposes of wmpany law} are responsible for preparing the Report of the Trustees and the financial statements in accordance with 8pplicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" Company taw requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expendilLsre, of the charitable company for that period. In preparing those financial statements, the trustees are required lo 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 slalements., prepare the financ￿21 statements on the going concem basis unless f( is in8ppropriate to presume that the charitable company will continue in business. Page 5

BRITISH MUSLIM HERITAGE CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees. responsibllity ststement- continued The Iruslees are responsible for keeping proper accounting records which disctose with reasonable accuracy at any tirne the financial position of the charitable company and to enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charrtable company 8nd hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit infomiation of which the chari(able companls auditors are unaware- and the trustees have taken all steps that they ought to have taken to make themselves awdre of any re￿vant audit informalDn and lo establish that the audrtors are aware of Ihal inforniation. Auditors The auditors, Xeinadin Audit Ltd (Statutory Auditor), wll be proposed for re-appointment al the forthcoming Annual General Meeting. Report of the trustees, incorpora company directors, on ........... ing a strategic report, approved by order of the board of trustees, as the and signed on the board's behalf by.. Mr N Mahmood - Trustee Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRITISH MUSUM HERITAGE CENTRE Opinion We have audited the financial statements of British Muslim Heritage Centre Ithe'charf(able companY) for the year ended 31 De￿mber 2023 which comprise the Statement of Financial Aclmlies, the Statement of Financjal Position, the Statement of Cash Flows and notes lo 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 Unrted Kingdom Accounting Standards {Uniled Kingdom Generalty 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 slalements.. give a true and fair view of the state of the charitable companls affairs as at 31 December 2023 and of its incoming resources and application of reSoUr￿s, including its income and expenditure, for the year then ended", have been property prepared in accordance with United Kingdom Generally Accepted Accounting Practice, induding Financial Reporting Stsndard 102 'The Financial Reporting Standard applicabl8 in the UK and Republic of Iretand," and have b8en prepared in accordance with the r4uirements ofthe Companies Act 20C6. Basls for opinion We conducted our audit in accordanee with International Standards on Auditing (UK) IISAS IUKII and applicablo law. Our responsibilitie8 under those stsndards are further described in the Auditors, responsibilities for the audit of the financial slalements section of our repo￿ We are independent of the charitable company in accordanc8 wlh the ethical requirements that are relevanl lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fuffilled our other ethical Tesponsibilities in accordance with these requirements. We believe that the audf( ewdence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusion$ relating to golng concern In auditing the financial statements, we have concluded that the trustees, use of the going concem 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 un￿rtaintieS relating to events or condttions that, individually or colleclThiely, may cast signrficanl doubl on the charitable companls abilty to continue as a going concern for a period of al least tWe￿e months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this reporL Other Informatlon The trustees are responsib￿ for the other infonnation. The other infomation comprises the infomiation included in the Annual Report. other than the financi81 statement8 and our Report of the Independent Audrtors thereon. Our opinion on the financial statements does not ￿Ver the other infornation and, except to the extsnt otherwise explicitly stated in our report, we do not express any form of assuran￿ conclusion Ihereon. In cOnn￿lI0n with our audst of the f￿anCIal statements, our responsibility is lo read the other infomiation and. in doing so, consider whether the other infomiation is materially in¢onsistent with the financial statements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent materHI misstatemerrts, we are required to detemiine whether this gives rise to a material mis5tatemenl in the financial statemènts Ihemsefves. If. based on the WO￿ we have perfomed, we conclude that there is a material misst*ement of this other information, we are required to report that fact. We have nothing lo report in this r￿ar<I. Oplnlons on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the Information given in the Report of the Trustees for the financial year for which the financial slalements are prepared is consistent wth the financial statements., and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRITISH MUSLIM HERITAGE CENTRE Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment oblane(f in the ¢ourse of the audit, we have not identified material misststemenls in the Report of the Trustees. We have nothing lo report in respect of the following matters where the Companies Act 20(X8 requires us to report lo you rf, in our opinion.. adequate accounting records have not been kept or retums adequate for our audit have t)ot been rgcewed from branches not visited by us.. or the financial statements are not in agreement wf(h the accounting records and returns,. or certain disclosures of trustees, remuneralBJn specified by law are not made., or we have not received all the infomiation and explanations we require for our audit. Responslblllties of trustees As explained more fully in the Trustees. Responsibilities Ststement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such inlemal control as the trustees delemiine is necessary to enable the preparation of linancial stat8menls that are free from material misslalemenl. whether due to fraud or error. In preparing the financial slalemenls, the Iruslees are responsible for assessing the eharitable companvs abilty to continue as a going concern, disclosing, as applicable. matters reloled lo going concern and using the going concern basis of 8ccounting unless the trustees ef(her intend to liquidate the charitsble company or to cease operations, or have no realistic alternative but lo do so. Our responsibilities for the audit of the financial ststements 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 wth ISAS (UK) will a￿ayS detect a material misstatement when il exists. Misststements can arise from fraud or error and are considered material rf, indmdualty or in the aggregate, they could reasonabty be expected to Influen￿ the economic decisions of users taken on the basis of these financial stslements. The extent to which the audit was considered capable of detecting irregu18rities including fraud Our approach to identifying and assessing the risks of matertal misstatement in respect of irregularities. including fraud and non-compliance wth laws and regulations, was as follow3.' the engagement partner ensured that the engagement team colleCtNe￿ had the appropriate competence, capabilities and skills to identify or recognise non-complian￿ with appl￿ble laws and regulations,. we identified the laws and regulations applicable lo the company through discussions wth directors and other management, and from our commercial knowledge and experience of the sector., we focused on specrfic laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, tsxalion legislation and data protection. anti-bribery, employment, health and safety legislation- we assessed the extent of ￿MplianCe wi(h the laws and regulations *Jenlffied above through maklng enquiries of management and inspecting legal correspondence." and identified laws and r￿UlationS were communicated within the aud￿ team regularfy and the team remained alert lo instances of non-compli4nce throughout the audit. We assessed the susceptibilty of the CoMpan￿S financial statements to material misstalemenl, including obtaining an understanding of how fraud might occur, by". making enquirEs of management as to ￿ere they considered there was susceptibilty lo fraud. their knowledge of adual, suspected and 211eged fraud,. and Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRITISH MUSUM HERrrAGE CENTRE considering the intemal controls in place to mitigate risks of fraud and non-compl￿n￿ and regulations. To address the risk of fraud through management bias and override of controls. we.. perfomied analytiC81 prO￿ureS to identify any unusual or unexpeded relationships- tested journal entr￿$ lo identfy unusual transactions., assessed whether judgements and assumptions made in detemining the accounting estimates were indicative of potential bias., and investigated the rationale behind signthcant or unusual transactions. In response to the risk of i￿egularitieS and non-compliance with laws and r￿￿￿10n$. we designed PrO￿d￿re$ which irtcludeé, but were not limitsd lo." - agreeing financial statement disclosures to ut)dedwng supporting documentation., reading the minutes of meetings of those charged wtth governance., enquiring of management as lo adual and potential lrtigion and claims,. and reviewng correspondence wtth HMRC, relevant regulators including the Heatth arKI Safety Executive. and the companls legal adwsors. There are inherent limitations in OUT audit procedures described above. Auditing standards also limit the audit procedures required lo identify non•complian¢e with laws and regulion5 to enquiry of the directors and othar management and the inspection of regulatory and legal correspondence, ff any. Material misstatements that arise due to fraud can be harder to delecl than those that arise from error as they may invafve deliberate oncealment or collusion. We are independent of the company in accordance with the ethical requirements that are relevarit 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 &cordance wlh these requirements. A further description of our responsibilities for the audit of the financial statements is loeated on the Financial Reporbng Council's website at www.frc.org.uklaudrtorsresponsibililies. This description foims part of our Report of the Independent Auditors. Use of our report This report is made solely lo the charitable company's members, as a k￿dy, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the char(cable compan¥s members those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent pemiitted by law. we do not accept or assume responsibility to anyone other than the charitable Company and the charitable companys members as a body, for our audit work, for this report. or for th8 opinions we have fomied. Farook Patel FCA (Senior Statutory Audilorl for and on behalf of Xeinain Audit Ltd Islalutory Audf(orl Ground Floor Ctygate Longridge Rd Preston PR2 5BQ Dale.. Page 9

BRITISH MUSUM HERITAGE CENTRE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total funds Unrestricted Restricted funds fund Income and endowments from Donations and legacies 408,671 406,888 815,359 496.485 Charitable activities Charitable activity 942,956 942,956 850.790 Total 1,351,627 406,688 1,758,315 1.347,275 Expenditure on Raising funds 9.853 9,853 1,426 Charitsble activities Charrtable aclimty 898,197 263,614 1,161.811 1,214,557 Total 908,050 263,614 1,171,664 1,215,983 NET INCOME Transfers between funds 443,577 214,876 143,074 (214,876) 586,651 131.292 16 Net movement In funds 658,453 (71,8021 586,651 131,292 Reconclllatlon of funds Total funds brought forward 10,598,201 257,588 10,855,789 10,724,497 Total funds carrled forward 11.256,654 185,786 11,442,440 10,855.789 Continuing opera￿on$ All income and expenditure has arisen frc4m continuing activities. Tha notes form part of these financial statements Page 10

BR￿lSH MUSLIM HERITAGE CENTRE STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2023 2023 Totsl funds 2022 Total funds Unrestricted Restricted funds fund Notes Flxed assets Tangible assets 11 11,516,671 11.516.671 11.450,425 Current assets Debtors Cash at bank and in hand 12 220,918 193,691 220.918 379.477 172.520 196.052 185,786 414,609 185.786 600,395 368,572 Creditors Amounts falling due within one year 13 1387,8251 {387,8251 (620,320) Net current assets 26,784 185,786 212,570 1251,7481 Total assets less current liabiltti8s 11,543,455 185,786 11,729,241 11.198,677 Creditovs Amounts falling due after more than one year 14 {286,801} 1286.801) 1342.8881 NET ASSETS 11,256,654 185,786 11,442,440 10,855,789 Funds Unrestricted funds Restricted funds 16 11,256,654 185,786 10,598,201 257,588 Total funds 11,442,440 10,855,789 cial statements were approved by the Board of Trustees and authorised for issue on ..13.71..T).l%o.1.4............ and were signed on its behalf by". Mr N Mahmood- Trustee rFZahe The notes form part of these financial statements Page11

BRITISH MUSUM HERITAGE CENTRE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Cash flows from operating actfvltles Cash generated from operations Prior year adjustment 452,023 651,086 1313,6581 Net eash provided by operating activrties 452.023 337,428 Cash flows from Investlng activities Purchase of tangible fLYed assets (258.8211 1171,0811 Net cash used in investing activitie5 1258,8211 {171.081) Cash flows from financing activltles Loan repayTnenls in year {13,934) (57,2431 Nel cash used in financing actNf(ies (13,934) 157,2431 Change in cash and cash equlvalents in the reporting perlod Cash and cash equivalents at the beginning of the reporting period 179.268 109,104 1*,052 86,948 Cash and cash equivalents at the end of the reporting period 375,320 196,052 The notes fomi part of these financial ststements Pago 12

BRITISH MUSUM HERITAGE CENTRE NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 Recon¢iliatlon of net income to net cash flow from operating activities 2023 2022 Net income for the reporting period las perthe Statement of Financial Activitie$) Adjustments for: Depreciation charges Ilncreaselldecrease in debtors {Decreasellincrease in creditors 586,651 131,292 192,575 148,3981 (278,8051 189,266 142,039 188,489 Net cash provided by operatlons 452,023 651,086 Analysi$ of cash and cash equivalents 2023 2022 Cash in hand Notice deposits Iless than 3 months) Overdrafts inciuded in bank loans and overdrafts falling due within one 975 195,077 356,833 14,15n Total cash and cash equivalents 375,320 196,052 Analysis of changes In net funds Atl.1.23 Cash flow At 31.12.23 Net cash Cash al bank and in hand Bank overdraft 1S6,052 183,425 14,15n 379.477 14.15n 1S6,052 179,268 375.320 Debt Debts f￿ling due wthin 1 year 1135,493} 13,934 (121,5591 (135,4931 13.934 1121,5591 Total 60,559 193,202 253,761 The notes fonn part of these financiel stslements Page 13

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng policies Basis of preparing the financial statements The financial slalements of the charitable company, which is a public benef(( entity under FRS 102, have been prepared in accordance with the Chartties SORP IFRS 1021 'Accounting and Reporting by Charrties.. Statement of Recommendgd Practice applicable to charrties preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republi of Ireland {FRS 1021 leffeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Iretand, and the Companies Act 20CE. The financial ststèmenls are prepared in sleding which is the funcllonal currency of the company. The financial slalements have been prepared on the going concern basis and under the historKal cost convention as modrfied by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance wth the accounting policies set out below. Crjtlcal 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 expeetations ￿ future everFts that are believed to b8 reasonable under the circumstsnces. Incoming resources All incoming resource8 are included in the statement of financial activitie5 when entitlemenl has passed to the charity,. it is probable that the economic benefi15 associated wrth the transaction urill fk)w to the charity and the amount can be reliab￿ measured. The following specrfic poliC￿S are applied lo part￿Ular Categories of income. Income from the restricted grant is recognIs￿ when charity has enti(lemenl to the funds, any performance conditions attached lo the grants have been mel, it is probable that the In￿Me wll be received and the amount can be measured reliably snd is not deferred. Voluntary income is receNied by way of grants, don*ions and gffts and is included in full in the ststement of financial activities when receThiable. Grants where entitlement is not cond(£ional on the delivery of a spec(fic perfomiance by the charity. are recognised when the charity becomes unconditionalty entrtled to the grant. Donated services and facilities are included al the value to the charity where this can be quantrfied. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activf(ies for generating funds when they are sosd. Income from investsnents is included in the year in which (( is receivable. Expendlture Expenditure is rec(￿nISed on an accrual basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully re￿Vered and is reported as part of the expendf(ure to which il relates. Expenditure on ralslng funds includes the costs of all fundraising activi(ies, events, non-¢haritable trading activf(ies. and the sale of donated goods. Expenditure on charitable aclimlies includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating lo the governan￿ of the charity apportioned to charitable actniities. Support costs are those ¢osts incurred direclty in support of expenditure on the objects of the chanty and include project management. Support costs include govemance costs. Governance costs include those costs associated with meeting the constitutional and ststulory requirements of the Charity and costs linked to the strategic management of the charty. Page 14 corrtinued...

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng policies- continued Expendlture All costs are allcKaled to expendtture categories refflecting the use of the resource. Direct costs attributable lo a single activty are allocated directly lo that activty. Shared costs are apportioned be￿een the activities they contribute to on a reasonable, justifiable and consislenl basis. Tanglble fixed assets Land and buildings held and used in the companls ¢)wn activities for production and Supp￿ of goods or for administralwe purposes are stated in the slalement of finaneial posf(ion * their revalued amounts. The revalued amounts equate lo the fair value al the date of revaluion, less any depreciation or impaiment losses subsequently accumulated. Revaluations are carried out regularfy so that the carrying amounts do not materially differ from using the fair value * the date of the slalemenl of financkgl position. Ary revaluat￿ InC￿3$e or decrease on ￿nd and buildings is Credit￿ to the property revaluion reserve in 'otheT reseNes'. Depreciation on revalued buildings is charged lo profrt or loss so as to wrrte off their value. less residual value, over their eslimateLI useful life of 50 years. usin9 the slraight-line method. Once a revalued propety is sold or retired any attributsble revaluion surplus that is remaining in the property revaluation reseNe is transferred to retained earnings. No transfer is made from the revaluation reserve to relained eamings unless an asset is derecognised. Plant and machinery are ststed at cost less accumulated depreciation and accumulated impaim)enl losses. Depreciation on plant and machinery is charged to profit or loss so as to write off their value, at 33% reducing balance method. Fixture and fjttings are ststed at cost less accumu18ted depreciation and accumulated impaimient losses. Deprecialion on fixture and fittings is charged to profil or loss $0 as to write off their value, al 150 reducing balance method. Assets held under finance18ase5 are deprecratsd in the same manner as owned assets. At each balance sheet dale, the company Teiriews the carrwng amounts of ils property, plant and equipment lo determine whether there is any indication that any rtems of propety, plant and equipment have suffered an impaimient kjss. If any such indication exists, the recoverable amount of an asset is estimated in order lo detem)ine the extent of the impairment loss, if any. Where il is not possible to eslimate the recoverable amount of the asset. the company estimates the recoverable amount of the cash-generating unil lo which the asset belongs. If the recoverable amount of an asset is estimated lo be less than its carrying amount, the caffwng amount of the asset is reduced lo rts recoverable amount. Impaimient loss is recognised as an expense immedkely. Where an impairment loss subsequently reverses, the c3rrying amount of the asset is increased to the remsed estimate of ils recoverable amount. lo the extent that the increased carrying amount d￿8 not exceed the carrying amount that would have been detemiined (not of deprecialionl had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss 1$ recognised as income immediately. Page 15 continued...

BRITISH MUSUM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policleg- continutd Taxatlon The charity is exempt from corporation lax on ts charitable adivilies. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Reslricled funds can only be used for partular restricted purposes within the objects of the charty. Restrictions arise when $pecified by the donor or when ftjnds are raised for parhcular restricte(I 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-retlrement benefSts The charitable ¢ompary operates a defined contribution pension schame. Contributions payable to the char(£able companls pension scheme are charged lo the Sl*emenl of Finan¢ial Aclivilies in the period to which they relate. Financial instruments The charty only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initialty recognised * transaction value and subsequenlty measured al amortised cost Financial assets held at amortised cost comprise cash and bank in hand, trade debtots and other debtors £573,929 {2022.' £347,422). Financial liabilities held at amortised cost comprise all creditors except social securty and other taxes £662.68312022". £954,550). Impalrment of financial assets Financial assets are assessed for indicators of impaimienl at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence th81. as a iesull of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected. For all other finanaal assets, objectwe e￿￿enCe of impaimient could include." signfficant financial difficulty of the issuer or counlerpaty," or - breach of contract, such as a default or delinquency in interest or principal payTnents', or il becoming probable that the borrower will enter bankruptcy or ffnanci81 wrganisaion,. or - the disappearance of an active market for that financial asset because of financ￿1 drficutties. For certain calegorses of financial asset, such as trade receivables, assets that are assessed not to be impaired individualty are, in addition, assessed for impairment on a colteclive basis. Objective evidence of impaiment for a portfolio of receTrJables could include the Company's past experience of collecting payrnents, an increase in the number of delayed pa￿nentS in the portfolio past the average Credit period of 50 days, as well as observable changes in national or k)cal economic conditions that correlate with default on receNables. For financial assets carried al amortised cost, the amount of the impaim)ent loss recognised is the dtfference behveen the asset's carying amount and the present value of estimated future cash flows. discounted at the financial asset's original effective interest rate. The impairment loss is recognised in profft or loss. Page 16 continued...

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 A¢countlng policies- continued Financlal Instruments For financial assets carried at cost, the amount of the impairnient loss is measured as the difference befvjeen the asset's carrwng amount and the present value of the estimated futur& cash flows discounted al the current market rale of return for a similar financial asset. Such impaimenl loss ￿11 not be reversed in subsequent periods. The caryng amount of the financial asset is reduced by the inpairment loss dirsclty for all financial assets with the exception of trade receivables. where the carying amount is reduced through the use of an allowanee account. When a trade receivable is considered uncolleclible, it is written off against the allowance account. Subsequent recoveries of amounts previously written off are credited against th& allowance accounL Changes in the carying amount of the alk)wan¢e account are recognised in profft or loss. For financial assets measured al amortised cost, if, in a subsequent period, the amount of tha impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recL)gnIs￿, the premousty recognised impairment loss 1$ reversed through profil or loss to the extent that the carrwng amount of the investment al the date the impaimient is reversed does not exceed what the amortised Cost would have been had the impaimienl not been recognised. Trade and other debtors Trade and other debtors that are receivable wi(hin one year and do not constitute a financing transaction are recorded al the undiscounted amount expected to be recesved, nel of impaimient. Those that are receivable after more than one year or that constitute a financing transaction are recorded initialty at fair value less transaction costs and subsequentty at amortised cost, net of impairment. Cash and cash aquivalents Cash and cash equNalents comprise cash at bank and in h8nd, demand deposits with banks and other short-term highly liquid investments wth Or￿l￿al maturities of three months or less and bank overdr8fts. In the statement of financial position, bank overdrafts are shown wlhin borrowings or currenl liabilities. Trade and other credftors Trade and other credilois are inilralw recognised at fair value and thereafter stated a amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated al cost. Donations and legacles 2023 2022 Donations Grants 408,671 406,688 192,687 303,798 815,359 496,485 Grants re￿ived, included in the above, are as follows.. 2023 2022 Grant 406,688 303,798 Page 17 continued...

BRITISH MUSUM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 Income from charltable activities 2023 2022 Activity Income from hire of facilities Income from admission charges and progTammes Charitable activity Charitable activity 901,857 826,272 41,099 24.518 942,956 850,790 Raising funds Raising donations and legacies 2023 2022 Advertising, printing and postage 3,603 1,426 Other trading activities 2023 2022 Bad debts 6,250 Aggregate amounts 9.853 1,426 Charitable activities costs Direct Costs {see note 6) Charitable actmty 1.161,811 Direct costs of charftsble activitlos 2023 2022 Staff costs Rates and waler Insurance Light and heat Telephone and computer costs Postage and stslionery Sundries Events, exhibitions and festivals Repairs and maintenance Security costs Travelling costs Accountancy charges Auditors. remuneration Legal and professional fees 332,975 48,826 47,219 76,140 17,633 6,593 10.681 293,377 42,102 1,621 5,978 2,257 7,200 72,L￿2 320,711 47,628 37,211 69,201 16,932 11,024 3,132 398.236 51,798 3,930 4,767 1,612 6,000 47,651 Carried forward 964,664 1,019.833 Page 18 continued...

BRITISH MUSUM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 Direct costs of charitable activttles- continued 2023 2022 Brought fowdrd Bank charges Depreciation 964,664 4,572 192,575 1,019,833 5,458 189,266 1,161,811 1.214,557 Net incomel{exponditurel Nel incomellexpendf(ure) is ststed after charging/lcreditingl'. 2023 2022 Depreci*ion - owned assets Auditors. remuneraion 192,575 189,266 8,000 Trustees. remuneratlon and benefts There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 Deeember 2022. Trusteos. expenses The charity reimbursed Iravelling and connected expenses amounting to £NIL (2022.. £NIL). Staff costs 2023 2022 Wages and salaries Social securty costs other pension costs 310,364 18.296 4,315 300,677 16.443 3,591 332,975 320,711 The average monthty number of employees during the year was as folbws.. 2023 10 2022 10 Administration and support No employees received emoluments in eX￿sS of £60,000. Page 19 continued...

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 10. Company limited by guarantee Brrf£ish Muslim Herrtage Centre is a comp8ny limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes lo contribute such amount as may be required not exceeding £10 lo the assets of the ch2rf(able company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member. 11. Tangibl8 fixed assets Freehold land and building Flxtures and fittlngs Plant and machinery Totsls At 1 January 2023 Addftions 11,808.482 236.061 231.249 2,124 468,372 20,636 12,508,103 258,821 Al 31 December 2023 12,044,543 233,373 489.008 12,766,924 Depreclatlon Al 1 January2023 Charge for year 497,188 165,891 220.1336 4,401 340,454 22,283 1.057,678 192,575 At 31 De￿mber 2023 663,079 224,437 362,737 1,250,2S3 Net book value At 31 Decomber 2023 11,381,464 8,936 126,271 11.516,671 At 31 De￿mber 2022 11,311,294 11,213 127,918 11,450.425 The charty owns the property at Col*e road, Whalley Range, Manchester. In the opIn￿n of the trustees, the cost of professionally valuing the property lo include 8 value in the accounts outweighs the benefits to the users of the accounts. The propety is insured for £35 million which is an estimate of their replacement cost. The renovation in progress related to the costs incurred in respect of the renovation of the propety. 11 Debtors: amounts falling due within one year 2023 2022 Trade debtors Other debtors Prepayments 115,694 78,758 26,466 139,680 11,690 21.150 220,918 172,520 Page 20 continued...

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 13. Creditors: amounts falllng due viithin one year 2023 2022 Bank kjans and overdrafts {s* note 15) Other loans (see note 15) Trade creditors Social securty and other taxes Other credtiors Accruals and deferred income 4.157 121.559 82,328 7,786 146,300 25,695 135,493 81,957 8,658 265,000 129,212 387.825 620,320 14. Creditors: amounts falling due after more than one year 2023 2022 Other crediiors 286,801 342.888 Other credrtors include an amount invested by an investor for the renovation of rooms in the Heritage building. The amount owed as at 31 December 2023 in relation to this investment and surplus generaterl from the investment is £286,801. 1& Loans An anawis of the maturity of loans is given below. 2023 2022 Amounts falling due wlhin one year on demand.. Bank overdrafts Other bans 4,157 121,559 135,493 125,716 135,493 16. Movernent In funds Net movement In funds Transfers bètween funds At 31.12.23 At 1.1.23 Unrestricted funds Unrestricted donatvjns 10,598,201 443,577 214.876 11.256,654 Restricted fund8 Restricted donations 257,588 143.074 1214,876} 185,786 TOTAL FUNDS 10,855,789 586.651 11,442,440 Page 21 continued...

BRITISH MUSLIM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 16. Movement in funds- contlnued Nel movement in funds, included in the above are as folbws.. Incoming Resources Movement resources exp8Trdfrd In funds Unrestricted funds Unrestricted donations 1,351,627 (908,050} 443.577 Restricted funds Restricted donations 406.688 1263.6141 143,074 TOTAL FUNDS 1,758,315 11,171,664) 586,651 Cornparatives for movement in funds PTior year adjustment Net movement tTr funds At 31.12.22 At1.1.22 Unrestricted funds Unrestricted donations 10.956,347 1313,6581 144,4881 10,598,201 Restricted funds Restricted donations 81,808 175,780 257.588 TOTAL FUNDS 11,038,155 1313,658) 131,292 10,855,789 Comparative net movement in funds. included in the above are as follows." Incoming resources Resources Movement expendgd In funds Unrestricted funds Unrestricted donations 1,043,477 11.087,965) (44,4881 Restricted funds Restricted donations 303,798 1128,018) 175,780 TOTAL FUNDS 1,347,275 11,215,983) 131,292 Purposes of Unrestricted Funds.. The trustees are free to use unrestricted funds in acurdance wlh ¢haritabie objectives. Purposes of Restricted Funds". The chanty receives specific grants for specrfic purposes whth are reslTiCted. Any such income and ass¢xkgted expenditure is identrfied separatety. At the year end, the balance in restriGted funds £185,786 represents money carry forward for various restricted projects. Page 22 continued...

BRITISH MUSUM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 16. Movement In funds- contlnued Restricted Restricted donation expenditure received durlng done during At the year (£1 the year l£131.12.20231£) 5.179 100 At 1.1.2023 {£} 5,179 100 Restricted donations Project for Ladies Fo¢us Groups C19 PAB Youth Programme GMP and BMHC Tackling Hate Crlme Project Overseas Brldglng the Diab*e5 Inequalities Gap in Manchester Greater Manchester Mental Health project Donatlon for new bulld Donatlon for staff salaries Donatlon for Mosque A 1000 Storles of Sacrifice exhibition Greater Manchester mental health Consultancy fundlng for OiabètèS MLJslim Health professionals Network Reducing Inequalities Project Domestic Vlolence Project Pakistani & Bangladeshi Genomic Medicine Project Manchester Community Safety Partnership's Radequal Grant Pr Donation for mosque Glass door reception Youth Mental Health Empowerment Intiative 3.315 3.315 158 158 2,000 91,872 84,567 2,000 109,810 84,S67 30 17,938 1,555 1,555 124 124 350 350 3,463 6,100 30.(K>O 3.463 21.100 7.087 15,000 22,913 14,126 14,126 14,650 15.000 50D 350,000 10,500 500 214.876 19,150 135,124 8,250 406,688 8,250 185,788 Total 257.588 428.257 17. Pension commitments The amount recognised in income or expenditure as an expense is relatDn to defined contribution plan was £4,31512022'. £3,591). Related party disclosures As al 31 December 2023, the charty owed £111,559 {2022.. £135,493) to trustees and entities connected lo the trustees. The loans are interest free, unsecured and payable on demand. Mr Nasar Mahmood, Mr Farroukh Zaheer and Mrs SaÈma Alvi, trustees of Brittsh Muslim Heritage Centre IBMHCI are directors of BMHC Setvices Ltd, a company limf(ed by guarantee, incorporated in Engl8nd and Wales. British Muslim Heritage Centre is the member of BMHC Services Ltd_ BMHC servI￿s Ltd operates from the premises owned by British Muslim Herrtage Centre and no rent 12022.'£NILI was paid during the period. BMHC Services Ltd was set up for furthering the fundraising aclThirties of British Muslim Heritage Centre with all future profrts lo be donated bxk lo British Muslim HeTTtage Centre and during the year no donations {2022'. £NILI was receivable from BMHC Sèrvices Ltd. During the year Brf(ish Muslim Herrtage Centre advanced sum of £NIL (2022-£NILI. Page 23 continued...

BRITISH PAUSUM HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023 18. Related party dlsclosures- continued Manchester Islamic Educational Trust IhlJlETI related to BMHC because the charty is under common control of the trustee5. Al 31 December 2023, BMHC advanced £37,497 to MIET. This amount is interest free, repayable on demand and classrfied in debtors due wlhin one year. Page 24