COMPANY REGISTRATION NUMBER: 06487152 CHARITY REGISTRATION NUMBER: 1126489
International Centre For Integration And Cohesion Company Limited by Guarantee Unaudited Financial Statements
31 January 2023
SAMARA & CO
Chartered accountant 511 Kenton Lane Harrow Middlesex HA3 JW
International Centre For Integration And Cohesion
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Statement of cash flows | 8 |
| Notes to the financial statements | 9 |
International Centre For Integration And Cohesion
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 January 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 January 2023.
Reference and administrative details
Registered charity name
International Centre For Integration And Cohesion
Charity registration number 1126489 Company registration number 06487152 Principal office and registered 560 North Circular Road office London NW2 7QA
The trustees
Mr A Taki Mrs S Al-Jenabi Mr A Abdullah
Independent examiner Samara & Co 511 Kenton Lane Harrow Middlesex HA3 JW
Structure, governance and management
Governing document
The organisation is a charitable company limited by guarantee, and it is registered with the Charity Commission. The Company was established under a Memorandum of Association that established the objectives of the charitable company and is governed under its Articles of Association.
Objectives and activities
Charitable activities are:
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Supporting needy families and orphans.
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Integrity UK is a project that works with diaspora communities to amplify and provide robust research to promote integration and cohesion.
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Delivering training for ESOL and IT for employability. - Project cultural activities and social gatherings.
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
1
International Centre For Integration And Cohesion
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2023
Achievements and performance
The International Centre for Integration and Cohesion (ICIC) aims to improve social cohesion and integration by bringing communities together in promotion of tolerance, unity, and shared values. Over the past year, the ICIC has continued to build strong partnerships with communities and responded to manifold challenges encountered during the pandemic to enhance its overall impact on the ground.
Changing Lives
One of the main objectives for ICIC is the integration of diaspora communities into wider British society; to help them gain employment; and build their careers based on their existing and potential skills. In turn, giving them the knowledge and independence to navigate the UK job market themselves. This year ICIC not only focused on supporting people from diverse diaspora communities with their careers, but also focused on personal development and leadership programmes to diversify the capacity building portfolio offered in line with ongoing beneficiary needs assessments.
Jubilee Fund
In celebrating the Queen’s Jubilee as the leading figurehead and ambassador for our country we hosted a series of intergenerational drama workshops relating to the themes of women’s lived experience in Britain and the role of female leadership both in British and global society. The workshops targeted young women aimed at developing the skills of spoken-word poetry, storytelling, and drama. The workshops were facilitated by our artistic partner Maria Pattison. The workshops looked to encourage participants to creatively explore their personal experiences of life in Britain and the history of women leadership in British society. Participants were guided in how to use their reflections to produce artistic cultural contributions to the Jubilee celebrations presented in a public showcase around the Queen’s Jubilee weekend. The workshops served to build the self-confidence and dignity of the participants through a number of routes: through education on women’s contribution to British society; through teaching them and having them master performance techniques; through allowing participants to create cultural artistic performances which centre their own personal stories; and subsequently allowing participants see first-hand how they can make creative contributions to British cultural expression both at a time of momentous national celebration and in their lives going forward.
Sports England Funding
ICIC ran a series of trampolining sessions for young people ages 9-18 (particularly women and girls) from minority communities. The project supplied participants with access to the equipment and coaching necessary to engage in trampolining and learn the skills around acrobatics and gymnastic trampolining. We believe trampolining involving aerobatics and jumping is perfect to enhance the strengthening of social ties and sense of inclusion and belonging that are already cultivated by involvement in sport.
Participation and accessibility to publicly funded sport for individuals from migrant and refugee backgrounds is low, but for displaced people, sport is more than a leisure activity. It’s an opportunity to be included and protected – to heal, develop and grow. Sport can also be a catalyst for positive change, empowering refugee communities, strengthening social ties, telling positive stories, and providing opportunities to achieve. Nevertheless, people from displaced backgrounds face multiple barriers to engaging in sport (particularly for women and girls). However, successful strategies can ensure their inclusion. Role models can help ensure success as visible and cultural mediators can build bridges to migrant communities. In dealing with individuals who have been exposed to traumatic situations, it is also crucial to find a sensitive way of dealing with their physical boundaries while engaging with sport. Through our work with migrant and refugee communities and our experience running women’s programmes, ICIC has developed the necessary knowledge, skills, sensitivity, and connections to put these strategies in place.
2
International Centre For Integration And Cohesion
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2023
Encouraging Resilience
Strengthening Faith Institutions (SFI)
We are working with minority faith groups to facilitate tools and training to improve activities for diaspora and minority communities and build their resilience to contemporary challenges. ICIC supported institutions by engaging with women and young people, sharing best practice, and using social media in effective ways. ICIC also supported SFI in developing appropriate and targeted services that provide support to faith institutions where it is needed most, in addition to website development and content, health checks, action plans, filming and editing SFI events. Furthermore, ICIC conducted leadership programmes with the aim of supporting young people in becoming successful and confident leaders in their community but also to help them advance their civic engagement and employment prospects. The courses are designed to develop key skills and knowledge through discussions, simulations, and planning, enabling them to succeed during their time as youth representatives. This project improved the conditions of a diverse range of migrant community organisations that would be categorised as disadvantaged communities, especially those from the Iraqi diaspora community in London and the UK.
Coalition for Religious Equality and Inclusive Development (CREID)
The Coalition for Religious Equality and Inclusive Development (CREID), convened by the Institute of Development Studies, University of Sussex and supported by the Foreign, Commonwealth & Development Office (FCDO) was launched in 2018. CREID works with partners around the world, particularly in the program's countries of focus (Egypt, India, Iraq, Nigeria and Pakistan). ICIC supported this project which developed an innovative and accessible e-learning course for Iraqi primary schools with a Freedom of Religion or Belief (FoRB) element, responding to post-conflict needs, as well as addressing challenges to education amid COVID-19. It was based on the first phase of the RE reform in Iraq project, where a pro-pluralism Islamic Education curriculum was developed to be implemented in Iraqi primary schools. Overall, 25 teachers were recruited and received training to then teach the elearning course to 1,000 students studying at schools across 5 provinces in Iraq. Utilising the Iraqi diaspora, migrant and refugee communities in London and the UK as a pool of talent we employ members of the community to further these project aims and improve their conditions of life and reduce unemployment.
Building Bridges
Beyond Dialogue
The project received renewed funding and ran for a second cycle. It sought to empower a new specialist cohort of Muslim community leaders and mentors from diverse ethnic backgrounds to lead targeted interventions with young Muslims vulnerable to intolerance and hate. Throughout the lifecycle of the project, community leaders carried out interventions with young people aged between 13-28 across London, slightly surpassing our target number. Survey data gathered from the young people highlighted tangible increases in knowledge, attitude, and behaviour, pointing to the positive nature of the mentors’ interventions. In particular, the evaluation for the resilient coping scale showcased an increase, with one response within this thematic cluster about dealing with difficult situations noticeably high. The project also solidified the network of mentors and strengthened their capacities through training, one-to-one support, and financial resourcing. Survey data gathered from the mentors at the end of the project showed greater awareness and understanding of how to prevent extremist narratives, and a greater willingness to continue this work in the future.
Big Iftar
ICIC acts in a supportive role for the Big Iftar. It is an initiative that has run for over 10 years, where mosques and local community centres in the UK open their doors and welcome people from all backgrounds, creating an environment that enables diverse communities to get to know one another
3
International Centre For Integration And Cohesion
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 January 2023
and to celebrate their respective faiths together. ICIC has supported the organisation of over 100 iftars as part of this programme. This project improved the conditions of a diverse range of migrant community organisations that would be categorised as disadvantaged communities, especially those from the Iraqi diaspora community in London and the UK. Utilising the Iraqi diaspora, migrant and refugee communities in London and the UK as a pool of talent we employ members of the community to further these project aims and improve their conditions of life and reduce unemployment.
Summer Camp
For over 10 years, ICIC has organised a summer camp that brings together Muslim families (primarily Iraqi) to build life skills and foster resilient communities. The camp consists of team building physical activities in addition to personal development workshops for parents, young people and children. This year a large number of students attended the camp, therefore the programme adjusted to focus on leadership skills and future planning. The camp also ensured gender mainstreaming by conducting workshops for women to discuss and facilitate civic and employment opportunities. This project improves the conditions of the Iraqi diaspora and migrant community in the UK by providing life skills and training which will improve employment and life outcomes. Utilising the Iraqi diaspora, migrant and refugee communities in London and the UK as a pool of talent we employ members of the community to further these project aims and improve their conditions of life and reduce unemployment.
Youth project
ICIC provides regular youth services and programmes in Northwest London. This caters to young people below 18 years of age as well as young adults between 18-25 years old. These services range from educational programs such as coding and programming to sports activities such as archery and football tournaments. Such work takes place on a regular basis and primarily takes place after school, during the weekend and during school holidays. These activities are primarily targeted towards the Iraqi diaspora in Northwest London but is also open to all in the area who would like to benefit from the running services. We have over 500 children and young people benefiting from the programme which includes our February Half-Term Holiday Club, Easter Break Break Holiday Club, May and Summer Holiday Clubs for 5-12 year olds. During school terms we hold 30 evening social clubs targeting young people aged 13-18. Further for young people aged 18-28 personal development programmes, life skills training and media workshops which includes podcasting and social media content creation training.
Financial review
ICIC has achieved satisfactory outcome for the year, with some resources to continue the projects we run annually. ICIC aims to achieve a surplus of 5% each year in order to be able to continue to provide a service to our beneficiaries.
Reserves Policy
Following consultation with the board of Trustees it has been decided that the Charity's policy on reserves is to maintain adequate unrestricted/restricted funds to cover up to 6 months of operating costs (which includes admin HR and payroll) in the instance of incoming funds fall short. The amount that is considered adequate to cover the unrestricted/restricted expenditure for the reserve target is £89,500. The Charity considers the levels of reserves to be sufficient. The trustees' annual report and the strategic report were approved on 30 October 2023 and signed on behalf of the board of trustees by:
Mr A Taki Trustee
4
International Centre For Integration And Cohesion
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of International Centre For Integration And Cohesion (continued)
Year ended 31 January 2023
I report to the trustees on my examination of the financial statements of International Centre For Integration And Cohesion ('the charity') for the year ended 31 January 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants in England and Wales (ACCA), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
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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 Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Independent Examiner 511 Kenton Lane Harrow Middlesex HA3 JW
30 October 2023
5
International Centre For Integration And Cohesion
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 January 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 115,075 | 67,441 | 182,516 | 350,114 |
| Investment income | 6 | 3 | – | 3 | – |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total income | 115,078 | 67,441 | 182,519 | 350,114 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 7,8 | 91,765 | 75,210 | 166,975 | 318,756 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total expenditure | 91,765 | 75,210 | 166,975 | 318,756 | |
| ================================ | ============================ | ================================ | ================================ | ||
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Net (expenditure)/income and net | |||||
| movement in funds | 23,313 | (7,769) | 15,544 | 31,358 | |
| ================================ | ============================ | ================================ | ================================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 216,049 | 11,469 | 227,518 | 196,160 | |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | ||
| Total funds carried forward | 239,362 | 3,700 | 243,062 | 227,518 | |
| ================================ | ============================ | ================================ | ================================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 9 to 17 form part of these financial statements.
6
International Centre For Integration And Cohesion
Company Limited by Guarantee
Statement of Financial Position (continued)
31 January 2023
| Note Fixed assets Tangible fixed assets 15 Current assets Debtors 16 Cash at bank and in hand Creditors: amounts falling due within one year 17 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 18 Net assets Funds of the charity Restricted funds Unrestricted funds Total charity funds 20 |
2023 £ 1,657 115,160 192,023 -------------------------------- 307,183 65,778 -------------------------------- 241,405 -------------------------------- 243,062 – -------------------------------- 243,062 ================================ 3,700 239,362 243,062 ================================ |
2022 £ 2,521 226,499 145,882 -------------------------------- 372,381 147,384 -------------------------------- 224,997 -------------------------------- 227,518 -- -------------------------------- 227,518 ================================ 11,469 216,049 227,518 ================================ |
|---|---|---|
For the year ending 31 January 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 30 October 2023, and are signed on behalf of the board by:
Mr A Taki Trustee
The notes on pages 9 to 17 form part of these financial statements.
7
International Centre For Integration And Cohesion
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 January 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income | 15,544 | 31,358 |
| Adjustments for: | ||
| Depreciation of tangible fixed assets | 864 | 864 |
| Government grant income | – | – |
| Other interest receivable and similar income | (3) | – |
| Interest payable and similar charges | 184 | 33 |
| Accrued expenses/(income) | (19,440) | (8,800) |
| Changes in: | ||
| Trade and other debtors | 111,339 | (4,824) |
| Trade and other creditors | (62,166) | 49,082 |
| ---------------------------- | ---------------------------- | |
| Cash generated from operations | 46,322 | 67,713 |
| Interest paid | (184) | (33) |
| Interest received | 3 | – |
| ---------------------------- | ---------------------------- | |
| Net cash from/(used in) operating activities | 46,141 | 67,680 |
| ============================ | ============================ | |
| Cash flows from investing activities | ||
| Purchase of tangible assets | – | – |
| ---------------------------- | ---------------------------- | |
| Net cash used in investing activities | – | – |
| ============================ | ============================ | |
| Cash flows from financing activities | ||
| Government grant income | – | – |
| ---------------------------- | ---------------------------- | |
| Net cash (used in)/from financing activities | – | – |
| ============================ | ============================ | |
| Net increase/(decrease) in cash and cash equivalents | 46,141 | 67,680 |
| Cash and cash equivalents at beginning of year | 145,882 | 78,202 |
| -------------------------------- | -------------------------------- | |
| Cash and cash equivalents at end of year | 192,023 | 145,882 |
The notes on pages 9 to 17 form part of these financial statements.
8
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 560 North Circular Road, London, NW2 7QA.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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 (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the
9
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
3. Accounting policies (continued)
- accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
10
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 25% straight line Equipment - 25% straight line
4. Limited by guarantee
The liability of Trustees is limited. Every Trustee promises, if the Charity is dissolved while he/she remains a Member or within one year after he/she ceases to be a member, to pay up to £1 towards: ·payment of those debts and liabilities of the Charity incurred before he/she ceased to be a member; · payment of the costs, charges and expenses of winding up; and · the adjustment of the rights of contributors among themselves
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 16,845 | – | 16,845 |
| Summer Camp | 78,610 | – | 78,610 |
| Surge | (84,280) | – | (84,280) |
| Tower Hamlet | – | – | – |
| Fayer Share Foundation | 45,400 | – | 45,400 |
| City of London | – | – | – |
| Beyond Dialogue | – | 67,441 | 67,441 |
| Youth Project | 22,498 | – | 22,498 |
| Leadership Project | – | – | – |
| Tree Planting | – | – | – |
| Knife Crime | – | – | – |
| Jubilee Funding | 10,000 | – | 10,000 |
| Integrity UK | 217 | – | 217 |
| Big Iftar | 785 | – | 785 |
| Sport England | 10,000 | – | 10,000 |
| CREID | 15,000 | – | 15,000 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| 115,075 | 67,441 | 182,516 | |
| ================================ | ================================ | ================================ |
11
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
Due to changes in the circumstances of the Surge project delivery, the funder and ICIC mutually agreed to suspend the further activities related to the voided Surge project invoices and reallocate resources to other areas.
This was due to the challenging and changing landscape at the time in terms of delivery due to COVID-19. This then meant that our forecasted committed income and forecasted committed expenditure had changed.
As a result there is a negative balance to Surge income above.
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2022 | |||
| £ | £ | £ | |||
| Donations | |||||
| Donations | 55 | – | 55 | ||
| Summer Camp | 59 | – | 59 | ||
| Surge | 210,390 | – | 210,390 | ||
| Tower Hamlet | – | 2,920 | 2,920 | ||
| Fayer Share Foundation | 51,912 | – | 51,912 | ||
| City of London | – | 12,882 | 12,882 | ||
| Beyond Dialogue | – | 9,720 | 9,720 | ||
| Leadership Project | – | – | – | ||
| Tree Planting | 1,400 | – | 1,400 | ||
| Knife Crime | – | 18,636 | 18,636 | ||
| Integrity UK | 37,340 | – | 37,340 | ||
| CREID | 4,800 | – | 4,800 | ||
| -------------------------------- | -------------------------------- | -------------------------------- | |||
| 305,956 | 44,158 | 350,114 | |||
| 6. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2023 | Funds | 2022 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 3 | 3 | – | – | |
| ============== | ============== | ============== | ============== | ||
| 7. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Charitable activity | 77,408 | 75,154 | 152,562 | ||
| Support costs | 14,357 | 56 | 14,413 | ||
| ---------------------------- | -------------------------------- | -------------------------------- | |||
| 91,765 | 75,210 | 166,975 | |||
| ============================ | ================================ | ================================ |
12
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Charitable activity | 238,470 | 32,684 | 271,154 | |
| Support costs | 47,597 | 5 | 47,602 | |
| ---------------------------- | -------------------------------- | -------------------------------- | ||
| 286,067 | 32,689 | 318,756 | ||
| ============================ | ================================ | ================================ | ||
| Expenditure on charitable activities by activity type | ||||
| Activities | ||||
| undertaken | Support | Total funds | Total fund | |
| directly | costs | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Charitable Activity | 152,562 | – | 152,562 | 271,154 |
| Governance costs | – | 14,413 | 14,413 | 47,602 |
| -------------------------------- | ---------------------------- | -------------------------------- | -------------------------------- | |
| 152,562 | 14,413 | 166,975 | 318,756 | |
| ================================ | ============================ | ================================ | ================================ |
8. Expenditure on charitable activities by activity type
9. Expenditure on charitable activities by fund type - analysis
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Staff Costs | 28,778 | 36,519 | 65,297 |
| Other Charitable expenses | 438 | – | 438 |
| Summer Camp | 59,987 | – | 59,987 |
| SFI Capacity Building | 948 | – | 948 |
| Youth Project | 15,699 | – | 15,699 |
| City of London | – | – | – |
| Integrity Project | (450) | – | (450) |
| CE Project | – | (2000) | (2000) |
| Surge Project | (33,401) | – | (33,401) |
| Big Iftar | 1,220 | – | 1,220 |
| Jubilee Fund | 1,540 | – | 1,540 |
| Capacity Building | – | – | – |
| Sport England Fund | 2,000 | – | 2,000 |
| Tower Hamlet | – | – | – |
| CREID | 649 | – | 649 |
| Beyond Dialogue | – | 40,635 | 40,635 |
| -------------------------------- | -------------------------------- | -------------------------------- | |
| Total | 77,408 | 75,154 | 152,562 |
| ================================ | ================================ | ================================ |
Due to changes in the circumstances of the Surge project delivery, the funder and ICIC mutually agreed to suspend the further activities related to the voided Surge project invoices and reallocate resources to other areas.
This was due to the challenging and changing landscape at the time in terms of delivery due to COVID-19. This then meant that our forecasted committed income and forecasted committed expenditure had changed.
As a result there is a negative balance to Surge income above.
13
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| £ | £ | £ | ||
| Staff Costs | 87,135 | 7,606 | 97,741 | |
| Other Charitable expenses | 533 | – | 533 | |
| SFI Capacity Building | 22,840 | – | 22,840 | |
| City of London | – | 8,332 | 8,332 | |
| Integrity Project | 6,838 | – | 6,838 | |
| CE Project | – | 11,514 | 11,514 | |
| Capacity Building | 121,124 | – | 121,124 | |
| Synergy Hub – DIFD | – | 12 | 12 | |
| Tower Hamlet | – | 1,220 | 1,220 | |
| Beyond Dialogue | – | 4,000 | 4,000 | |
| -------------------------------- | -------------------------------- | -------------------------------- | ||
| Total | 238,470 | 32,684 | 271,154 | |
| ================================ | ================================ | ================================ | ||
| 10. | Support Costs | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Rent | 1,613 | 35,504 | ||
| Rates & Water | 4,822 | 5,427 | ||
| Utilities | 373 | 638 | ||
| Insurance | 1,119 | 1,076 | ||
| Travel & Subsistence | 777 | 14 | ||
| Accountancy fee | 2,436 | 2022 | ||
| Legal and Other Professional Fees | – | – | ||
| Telephone | 764 | 994 | ||
| Finance costs | 184 | 33 | ||
| Office & Admin costs | 1,461 | 1,030 | ||
| Depreciation | 864 | 864 | ||
| ---------------------------- | ---------------------------- | |||
| Total | 14,413 | 47,602 | ||
| ============================ | ============================ | |||
| 11. | Net income | |||
| Net income is stated after charging/(crediting): | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Depreciation of tangible fixed assets | 864 | 864 | ||
| ======================= | ======================= | |||
| 12. | Independent examination fees | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Fees payable to the independent examiner for: | ||||
| Independent examination of the financial statements | 1,250 | 1,500 | ||
| ======================= | ============== |
13. Staff costs
14
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
| The total staff costs and employee benefits for the reporting period are analysed as follows: | The total staff costs and employee benefits for the reporting period are analysed as follows: | The total staff costs and employee benefits for the reporting period are analysed as follows: |
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Wages and salaries | 65,297 | 94,741 |
| ================================ | ============================ | |
| The average head count of employees during the year was 3 (2022: 3). The average number of | ||
| full-time equivalent employees during the year is analysed as follows: | ||
| 2023 | 2022 | |
| No. | No. | |
| Number of staff | 3 | 3 |
| ============== | ============== |
No employee received employee benefits of more than £60,000 during the year (2022: Nil).
14. Trustee remuneration and expenses
During the year, no Trustees received any remuneration. During the year, no Trustees received any benefits in kind. During the year, no Trustees received any reimbursement of expenses.
15
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
| 15. | Tangible fixed assets | |||
|---|---|---|---|---|
| Fixtures and | ||||
| fittings | Equipment |
Total | ||
| £ | £ | £ | ||
| Cost | ||||
| At 1 February 2022 and 31 January 2023 | 20,275 | 32,346 |
52,621 | |
| ============================ | ============================ | ============================ | ||
| Depreciation | ||||
| At 1 February 2022 | 20274 | 29,826 |
50,100 | |
| Charge for the year | – | 864 |
864 | |
| ---------------------------- | ---------------------------- | ---------------------------- | ||
| At 31 January 2023 | 20,274 | 30,690 |
50,964 | |
| ============================ | ============================ | ============================ | ||
| Carrying amount | ||||
| At 31 January 2023 | 1 | 1,656 |
1,657 | |
| ============================ | ============================ | ============================ | ||
| At 31 January 2023 | 1 | 2,520 |
2,521 | |
| ============================ | ============================ | ============================ | ||
| 16. | Debtors | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Trade debtors | 98,611 | 210,339 | ||
| Prepayments and accrued income | 2,695 | 2,695 | ||
| Other debtors | 13,854 | 13,465 | ||
| ---------------------------- | ---------------------------- | |||
| 115,160 | 226,499 | |||
| ================================ | ============================ | |||
| 17. | Creditors: amounts falling due within one year | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Trade creditors | 64,228 | 119,491 | ||
| Accruals and deferred income | (3,090) | 16,350 | ||
| Social security and other taxes | 1,941 | 4,837 | ||
| Other creditors - Net Wages | 2,699 | 6,706 | ||
| ----------------------- | ----------------------- | |||
| 65,778 | 147,384 | |||
| ======================= | ======================= | |||
| 18. | Creditors: amounts falling due after more than one year | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Other creditors | – | – | ||
| ============== | ============================ | |||
| 19. | Gift Aid/Government Grants | |||
| The amounts recognised in the financial statements for government | grants are as follows: | |||
| 2023 | 2022 | |||
| £ | £ | |||
| Recognised in income from donations and legacies: | ||||
| Gift Aid – during the year | – | – | ||
| Gift Aid – over-accrued previous year | – | – | ||
| HMRC - Furlough Grant | – | – | ||
| ----------------------- | ----------------------- | |||
| Gift Aid/Government Grants | – | – | ||
| ============================ | ============================ |
16
International Centre For Integration And Cohesion
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 January 2023
20. Analysis of charitable funds
Unrestricted funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | At | |||
| 1 February | 31 January | |||
| 2022 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| General funds | 216,049 | 115,078 | (91,765) | 239,362 |
| ================================ | ================================ | ================================ | ================================ | |
| At | At | |||
| 1 February | 31 January | |||
| 2021 | Income | Expenditure | 2022 | |
| £ | £ | £ | £ | |
| General funds | 196,160 | 305,956 | (286,068) | 216,048 |
| ================================ | ================================ | ================================ | ================================ | |
| Restricted funds | ||||
| At | At | |||
| 1 February | 31 January | |||
| 2022 | Income | Expenditure | 2023 | |
| £ | £ | £ | £ | |
| General funds | 11,469 | 67,441 | (75,210) | 3,700 |
| ================================ | ================================ | ================================ | ================================ | |
| At | At | |||
| 1 February | 31 January | |||
| 2021 | Income | Expenditure | 2022 | |
| £ | £ | £ | £ | |
| General funds | – | 44,158 | (32,688) | 11469 |
| ================================ | ================================ | ================================ | ================================ |
17