Charlty Reglstratlon number 1121147 EXHIBITION ISLAM Annual Report and Flnanclal Statements for the Year Ended 31 October 2023 Exhibition Islam Contents of Annual Report and Finanical Statements Page{sl Reference and Adminisralive Details Trustees, Report 2to3 Independent examlnerfs report Statement of financial aGtivilies Balance Sheet Notes to the firsancial statements 7108 EXHIBITION ISLAPdl Reference and Administrative Detalls Charity name Exhibition Islam Charity ￿gistratIon number 1121147 Correspondence address Parkar Accounlanls 19-21 Halchett Street Birmingham B19 3NX Trusto&$ Mr l Alam Mr M Alam Mr A Saleem Mr M Saeed Bankers HSBC UK 35 Hlgh Street Maidenhead Berkshire SL6 1JQ Independent Examiner Parkar AccDunlanls 19121 Hal¢hett Street Hockley Birmingham B193NX EXHIBITION ISLAM Trustees. Report The Trustees present their annual report together with the unaudited financial statements of Exhibition Islam (the charity for the year ended 31 October 20231. The Trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Pracllce applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK IFRS1021 Structure, Govèrnancé and Management rnln document Memorandum and Articles of Association in¢ofporaled 15 June 2007 as amended by spoclal resolullon ated 26 September 2007 Meth dind lon of new Trustees Naw Trusletss are appolnted al the Annual General Meeting and are brfefed on their legal obligations under ¢harity law, the content of the charity's Gonstilulion, and 11$ recent performance. ruc ure and decision maki The board of Trustees oversee the running of the charlly on a day to day basls. All operatlonal decislons are rnade at board meetings whl¢h are held frequently throughout the year. Risk Thé Trustees have assessed the malor risks lo which the charlty Is exposed and ar8 satisfl•d that systems and procedures are in place lo mitigate our exposure lo the malor rl$ks. ObJe¢tlv68 and Actlvltles of b'eclives Exhibition Islam Is an Independent non-profit making organisation that speciali5e5 in promotin8 a greater understanding of Islam in both the domestlc and International arenas by utilising alternative educational resources that are delivered through professiollal 'mu5eum syle, exhibltlons Achievin ob-eclives For the period under consideration, the Company was able to raise £43,881 in donations and income. Public bene The Ttugiees frequentty review the obiectlves and atttivilies of the charity lo ensure that ihèy piovide an ovprall benetlt to the pubfi¢. In carrying out this reviewthe Trusiees have Consldèred the Charily Cornmisslon'5 gèneral guidance on publiB benefit. Fin8nci81 Revlew R8sorv The charity'5 resèrve policy Is to build a sufficient level of reseTves to en8ble the tm5tees to Ihe charity to contlnue its operatlDns. ncs le fundln For the p¢rlod undèr consideratbn, the Company was able io ralse £6.238 in donations and £37,643 In Income Approved by the Tru51ees on 27 Junè 2024 and slgned on their behalf by: MrlAla Trustee Independent Examiner's Report to the Trustees of EXHIBITION ISLAM I report on the accounts of the Trust for the year ended 31 October 2023. which are set out on pages 5 to 8. Respective responslbllltles of trustees and examlner The trustees are responsible for the preparation of the accounts. The trustees consider that an audlt is nDI required for thls year under section 144 of the Charities Act 2011 and that an Independent examination is needed. 11 is my responsibility to.. 11 examine the accounts und6r sectlon 145 of the Charities Act, 21 follow the procedures laid down in the General Directions given by the Charity Commission under section 145{5llbl of the Charities Act, and 31 state whether particular matters have come lo my attentlon. Ba$1$ of Inde￿ndent examln•rf8 roport My examination was carrled out in a¢Gordan¢e wSlh the General Directions given by th& Charlly Commlssion. An examlnalion Includes a review of th6 a¢countlng records kept by the charity and g comparison of the accounts p￿sented with those records. It also includes consideration of any unusual Il$ms or disclosures in the accounts, and seeklng explanations from the trustees concernin9 any such matters. The procedures undertaken do not provide all Ihe evid&n¢e that would bo requlred in an audit and consequently no opinion is given as lo whether the accounts present a true and fair view, and the report is limited lo those matters sel out in the slal8ments below. Independent examln¢rf8 statement In connection with my examination, no matter has come to my attention.. 11 which gives me reasonable cause lo believe that in any material respect the requirements.. to keep accountfng records In 8ccordance with section 130 of the Charities Act, to prepare accounts which accord with Ihe accounting records and Comply wilh the accounting requirements of the Charities Act have not been met.. or 21 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the 8¢counts lo be reached. Parkar Accountants 27 June 2024 19-21 Hatchett Street Birmlngham, B19 3NX EXHIBITION ISLAM Statement of Flnanclal Activities for the Year Ended 31 October 2023 Unrestrlcted Total Funds Total Funds Funds 2023 2022 Note Incomlng resources Incoming resources from gerberaled funds & Donations Charity activities Total in¢oming resourc•s 6.238 37,643 43.881 6,238 37,643 43,881 9,396 5,001 14,397 Resources expended Direct expenses Stock movement Wages & consultancy Storage costs Insurance Governance Gosl Donations Adminislratlon Other expenses Bank expenses Depreciation Tot81 resources expended 17,340 17,340 5,528 13,010) 7,077 2,768 368 780 144 589 720 720 64 16 64 16 18,140 57 19 14,325 Net movement of funds 25,741 25,741 72 Reconclllatlon of funds Total funds brought forward Total funds carried forward 41,008 66.749 41,008 66.749 40,936 41,008 All incomlng resources and resources expended deriv& from ¢onllnulng activities. The charity has reC￿niSed no gains or losses for tho year other than the results above. EXHIBITION ISLAM Balance Sheet as at 31 October 2023 2023 2023 2022 2022 Note Tanglble Flxod Assets Plant and equipment 62 62 78 78 62 T8 Current As5vts Stock Cash at bank and in hand 67.407 8,010 59.397 41,770 8,010 33,760 CredltoM: Athouttts fallln due wlthin one year 720 66,687 Net Curyent A8gets 66,749 41,008 Net Aesvts Th¢ funds ot Ihe charlty: Unrestrictod Fuiids Unreslrf¢le¢J Income lunds 6e,7A9 41.008 86,749 41,008 Total Charlty Funds Approved by the Boaid on 27 June 2024 and slgned on 5ts behalf by.. qr l Al#m Trnsteè EXHIBITION ISLAM Notes to the Financial Statements for the Year Ended 31 October 2023 11 Accounting pollcles Basls of preparatlon The financial statements have been prepared under the hlstorical cost convention and in accordance with the Slatement of Recommended Pracllce 'Accounting and Reporting by Charities SORP IFRS1021 effective 01 January 2015. Fund accountancy poll¢y Unrestricted Income funds are general funds that are available for us6 at the Irustses, discretion In furtherance of Ihe objectives of the chaTIIy. Incomlng ro8ource8 Donatlons are recognised where there Is enllllement, ¢ert8Snty of recelpt and the amount Can be measured wllh sufflcient reliability. R880urces expgndod Liabilities are recognlsed as soon as th8re is a legal or conslruclive obllgatlon committing the eharlty lo the expenditure. All expenditure is accounted for on an accruals basi5 and has been classified under headlngs that aggregate 911 costs related lo the cat•gory. Costs of generallng funds are the costs assoclated wllh attraoling voluntary income. Charitable expenditure comprises those costs incurred by the ¢harSty in the delivery of its activitles and services for its beneficiaries. It includes both ¢08ls that can be allocated dlrectly lo such activities and those cost of an indirect nature necessary to support Ih&m. Governance Go$t$ Governance ¢osls Include costs of the preparation and examination of the stslutory accounts, the costs of trustee meetings and the cost of any legal advise to trustees on governance or conslltulional matters, EXHIBITION ISLAM Notes to the Flnancial Statements for the Year Ended 31 October 2023 21 Governance costs Unrestrlcted Total Funds Totsl Funds Funds 2023 2022 AG¢ounlancy cost 720 720 780 720 720 780 31 Trustges. rèmuneratlon and expenses No trustees received any remuneration during the year. 2023 2022 The average number of èmployees during the year 41 Plant and equlpment 2023 2022 Cost- bought forward Addllions Disposals Depreciation Elimination on dlsposal Net book value as at 31 October 2023 452 452 390 374 62 78 51 Credltors: amounts falllng duo wlthln one year 2023 2022 Trade creditors A¢¢ruals and deferred income 360 360 720 720 61 Analysis of funds At 1 Novernber 2022 Incoming resour¢es Resources At 31 October expended 2023 General Funds Unrestricted income fund 41,008 43,881 18,140 66,749