COMPANY REGISTRATION NUMBER: 06611497 CHARrrY REGISTRATION NUMBER: 1127246 United Kingdom Islamic Mission Company Limited by Guarantee Unaudited Financial Statements 31 March 2022
United Kingdom Islamic Mission Company Limited by Guarantee Financial Statements Year ended 31 March 2022 Page Trustees, annual report (incorporating the directorfs report) Independent examine¢s report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial posrtion Notes to the financial statements
United Kingdom Islamic Mission Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2022 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 March 2022. Referen¢0 and administrative details Registered charity name United Kingdom Islamic Mission Charity registration number Company registration number 06611497 Principal office and rggistered 202 North Gower Street office London NWI 2LY 1127246 The trustees MrMSAmin Mr M Hu5sain MrHBZLodhi MrZHaq Mr M Qamar Mr M Riaz Independent examiner Abdul Aziz Shaik 1145 Oldham Road Newton Heath Manchester M40 2FU
United Kingdom Islamic Mission Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (continuedj Year ended 31 March 2022 Structure. governance and managefnent GOVERNING DOCUMENT The Charity was established as UKIM Communities Development and Welfare Limited as a charitable company and registered with thè Charity Commission in 2008- Charity number 1127246. The Charity was also registered with Companies House in 2008: Company nufflber 0661497. The governing document of the Charity is the Memorandum and Artides of Association dated 04 June 2008, amended by the members on 15 December 2008. amended by members on 15 December 2019 and further amended on 16 August 2021 by virbJe of special resolution. The name of Ihe charity was changed from UKIM Communities Development and Weffare Limited to United Kingdom Islamic Mission on 28 January 2020. STRUCTURE The governing structure is described in article 9 of the metnorandum and articles of a550cialion of the charity. The governing stnjcture comprtses of 1- The President 2- The Shura Council 3- The Executive Board 4- The Zonal President and Zonal Shura Branches of UKIM and 6- The membership of UKIM The Charity operates through the head office in London and its branches. established in many cities in the UK. The Charity currently operales with 6 Trusteesldireclors who have been instructed by the members of United Kingdom Islamic Mission to irnplement the planned changes and reorganisation as approved by them in the previous years. At the beginning of current period the memorandum and articles of association were approved by both members and charity commission. The Charity is funded by a subscription paid by members and associate mernbers. Many of its symp21hisers also donate lo support local activities organised by the charity- FINANCIAL CONTROLS The Iruslees endeavour lo ensure that the funds and assets of the Charity are safeguarded through ils financial contro15. These Gontrols are implemented by Iruslees. The membership also scrulinises the accounts in the annual gathering of members: which is held al least once each year. The Charity tries to review and develop its systems periodically to make improvements in ils accounting procedure5 and financial controls in order lo meel Islamic and legal accounting obligations RISK MANAGEMENT The serving Trustee board (refèrred lo intemally as the'shura'l has assessed the major risks to which the Charity is exposed. In particular, those related lo the operations and finances of the Charity, 2nd 15 satisfied that checks and balances, and systems are in place to mitigate the exposure of the Charity to major risks. The central shura and administra"ve committee will constantly be appraising all ils systems with a view to improving them. The UKIM has urKlertaken a signfficant review and development plan to improve ils governance slruclure, FX)licies and processes lo address the needs of the Charity. its donors and meet regulatory objectives.
United Kingdom Islamic Mission Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (w¥tlnu*d) Year ended 31 March 2022 Objectives and activities OBJECTIVES AND ACTIVITIES The Charity United Kingdom Islamic Mission. Charity Number 1127246 (formerly known as UKIM Communities Development and Welfare Limited) has numerous common objectives and acb'vities a5 lo United Kingdom Islamic Mission.. Charity number 250275. This new Charity structure was formed with the view to improve governance and enhance operational a¢lTVitie5 by reorganisation and shrfting structure of existing United Kingdom Islamic Mission Icharity number 2502751. The objectives of UKIM are Advancement of Islamic failh for the benefit of the public. Provide relief lo those in need or other disadvantages by promoting education, relieving financial hardship and poor health. • The promotion of raci31 and l or religious hamony for the public benefit To profflote justice, dignty. human right5 and social responsibility throughout the world. To develop the capacity and skills of members of socially disadvantaged communities of Muslims •The relief of financial need and suffering among victims of natural or other ksnds of disaster. The relief and assistance to victims of war or natural disaster, trouble. or catastrophe in any part of the wodd Achievements and performance ACHIEVEMENTS AND PERFORMANCE The Irustees are pleased with the performance of the Charity during the year. The reslruclure and associated resource mobilisation was successfully started and the transitional prOsS from the legacy charity began loo. This resulted in the transfer of membership of entire local branch leadership lo the new Charity slruclure. The election process for President and the first phase of trustee's election was Ily completed. The second phase of zonal and central trustees followed in the subsequent months. Funds raised during the year reflects the steady stsrt of operational activities those 11 continue to enhance robustly in the coming years. Financial revi8w FINANCIAL REVIEW The year under review is the second operational year of the revised charity slruclure. The income of £349,02712021'. £45.389) demonstrate the activities of charity were siarled gearing up. This is mainly due lo the post COVID-19 aclivities becotnir¥3 to normalise. Over the coming years, the Charity will continue lo work robustly towards achieving its objectives. The StateMet of Financial Activities shows curreni assets fcy the year ended 31s1 March 2022 of £391,181 {2021.. £44,543.00} representyng the SU$ on charitable activities. The Tmstees weTe therefore pleased and satisfied with this progress.
United Kingdom Islamic Mission Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (witlnued) Year ended 31 March 2022 Plans for future periods FUTURE PLANS The Charity Irlggered the transttion process in later 2021 by election of President and start of first phase of truslee's election. The completion of the whole process was delayed. The trustees foresee lo implefnent resiructured govemance and completion of transfer of membership form United Kingdom Islamic Mission (Charity number 2502751 to United Kingdoffl Islamic Mission (Charity number 11272461 by end of 2022. 11 is hopeé Ihat United Kingdom Islamic Mission {Charity number 11272461 will become sole corporate trustee of United Kingdom Islamic Mission (Chartty number 2502751 after the approval from the appropriate internal and external bodies. An ambitious plan to revitalise the strategy of the organisalion has been initiated. an associated governance review and plan has been put into action in order for UKIM to better meet its charitable objeclives. Small company provisions This report has been prepared in accordance wilh the provisions applicable to companies entitled lo the small Companies exemption. The trustees. annual report was appfoved on 28 December 2022 and signed on behalf of the board of trustees by- Mr M Qamar Trustee
United Kingdom Islamic Mission Company Limited by Guarantee Independent Examiner's Report to the Trustees of United Kingdom Islamic Mission Year ended 31 March 2022 report lo the Iruslee5 on my examination of the financial statements of United Kingdom Islamic Mission {'Ihe charity'l for the year ended 31 March 2022. Responsibilities and basis of report As the trustees of the company land also ils directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Compan$ Act 20061.lhe 2006 Act,). Having satisfied myself that the accounts of the MpanY 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 carTTed out under section 145 of the Charities Act 2011 1.the 2011 Act'}. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs stst8ment Since the charity's gross income exceeded £250,000 your examiner must a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accwntanls in England and Wales IICAEWI. which is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the charity as rffjuired by section 386 of the 2006 Act", or the financial slalements do not accAJrd wrth those records., or the financial statements do not comply vthh the accounting requirements of section 396 of the 2006 Act other than any requirement that the aOunt$ give a 'tnJe and fairf view which is not a matter considered a5 part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Slalemenl of Recommended Practice for accounting and reporting by charities applicable to charities pparIng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
United Kingdom Islamic Mission Company Limited by Guarantee Independent Examinerfs Report to the Trustees of United Kingdom Islamic Mission {continuedJ Year ended 31 March 2022 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this reF#xt in order to enable a pYoper understanding of the accounts lo be reached. Abdul Aziz Shaik Independent Examiner 1145 Oldham Road Newton Heath Manchester M40 2FU 28 December 2022
United Kingdom Islamic Mission Company Limited by Guarantee Statement of Financial AGtivities (including income and expenditure account) Year ended 31 March 2022 2022 Unrestricted funds Total funds Total funds 2021 Income and end0%ents Donations and legacies Totsl income 349,027 349.027 45,369 349,027 349.027 45,369 Expenditure Expendrture on charitable activities Total expenditure 2.389 2.389 826 2.389 2.389 826 Net income and net movement In funds 346,638 346,638 44,543 Reconciliation of funds Total funds brought forward Total funds rried forlvard 44,543 391.181 391,181 44,543 The statement of financial activities includes all gains and losses recognised in the year. AJI income and expenditure derive from continuing activities. The notes on pages 9 to 13 fom) part of these financial stat8m8nts.
United Kingdom Islamic Mission Company Limited by Guarantee Statement of Financial Position 31 March 2022 2022 2021 Current assets Cash al bank and in hand 393.481 45,343 Cr8dltors- amounts falling due within one year 11 2.300 800 Net current assets 391.181 44,543 Total assets less current liabilitiOS 391.181 44,543 Net assets 391.181 44,543 Funds of the charity Unrestricted funds 391.181 44,543 Total chaiity funds 12 391.181 44,543 For the year ending 31 March 2022 the charity was entrfed to exemption from audit ¥Jnder section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilitie5= The members have not required the company to obtain an audit of ils financial statements for the year in question in accordance wth section 476-. The directors aCknedge thr responsibiltties for complying with the requiremen15 of the Acl with respect lo accounting records and the preparation of financial slatemenls. These financial statements have been prepared in accordance wtth the provisions aptAicable lo companies subject to the sm211 companies. regime. These financial statements were approved by the board of twstees and aulhorised for issue on 28 December 2022, and are signed on behaff of the board by: Mr M Qamar Trustee The notes on pages 9 to 13 lomi part ofthese Ilnanclal $tat•m8nts.
United Kingdom Islamic Mission Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2022 General infonnation The charty is a public benefft entity and a wivate compary limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 202 North Gower Street, London. NW1 2LY. 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 IFRS 1021 {Charities SORP IFRS 10211 and ihe Companies Act 2006. Accountlng pollcles 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 Ihrough 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 atx)ut the charity's ability to continue. Disclosure exemptions The entity satisfiés the eriteria of being a qualtfying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102= (al No cash flow stalemenl has been presented for the company.(bl Disclosures in respect of financial instrument5 have not been presented. 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 expectations of future events that are believed to be reasonable under the ¢ir¢umstan¢8s.
United Kingdom Islamic Mission Company Limitsd by Guarantee Notes to the Financial Statements Iwnts"nuedJ Year ended 31 March 2022 Accounting policies icontinuedj Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated fijnds are unrestricted funds earmarked by the Iruslees for particular fvture project or commitment. Restricted fijnds are subjected to restrictions on their expendtture deciared by the donor or through the terms of an appeal. and fall into one of two sutFdasses= restricted income funds or endowment funds. Incoming resources All incoming re50ur¢es are included in the slatetnent of financial activities when enlitlemenl has passed lo the charity.. il is probable that the economic benefits associgled with the transaction will flow lo the charity and the amount can be reliabty measured. The following specific r>olicies are applied lo partIClar CategleS of income" income from donations or grants is recognised when there is evidence of entiuemenl to the grfl. feceipt is probable and its amount can be measured reliably. legacy income is recognised when reGeipt 15 probable and enltuement is established. income from donated good5 is measured at the fair value of the goods unless this És impractical to measure reliably, in which iase the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the eontribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classrfied as unreslricled funds unless there is a contractual requirement for il lo be spent on a particular purpose and returned if unspent, in which case it may be regarded as reslricled. 10
United Kingdom Islamic Mission Company Limited by Guarantee Notes to the Financial Statements (conttnu8dJ Year ended 31 March 2022 AGcounting policies (continuetg 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 dassified under headings of the statement of rinancial activities lo which il relates.. eXndItUre on raising funds includès the costs of ajl fundraising 3Ctivitiès. events, non-charitable trading aclNities, and the sale of donated gwds. expenditure on charitable acb"vitie5 includes all costs incurred by a charity in undertaking actNities thai further its charitable aims for the benefit ol its beneficiaries. including those support costs and costs relating to the governance of the charity apF)Ortioned lo charitable activities. other expenditure includes all expenditure that is neither related lo raising funds for the charity nor part of ils expenditure on charitable activities. All costs a allocated lo expenditu categories reflecting the use of the resource. Direct costs attributable to a single actniity are allocated dire¢lly to that activity. Shared costs are apportioned beeen the activities they contribute lo on a reasonable, jusltfiable and consislenl basis. Limited by guarantea The liability of the members is limited to £1 each in the case of winding up of the Company. Donations and legaci8S Unrestricted Total Funds Unrestricted Total Funds FuThJs 2022 Funds 2021 Donations General FLtnds 270.1N)O 270.000 45.369 45,369 Subscriptions Subscriptions 79.027 79.027 349.027 349.027 45.369 45,369 Expenditure on charitable a¢tivities by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2022 Funds 2021 Support costs 2.389 2,389 826 826 11
United Kingdom Islamic Mission Company Limited by Guarantee Notes to the Financial Statements icontinued) Year ended 31 March 2022 Expenditure on charitable adivities by activity type Support Total funds sts 2022 Totsl fund 2021 Governance costs 2,389 2.389 826 Independent examination fees 2022 2021 Fees payable lo the independenl examiner for.. Independent exarninalion of the financial statements 1.500 800 Staff ¢ost$ The total staff costs and employee benefrts for the report5ng period are analysed as follows-. 2022 2021 The average head count of employee5 during the year was Nil 12021.. Nil). The average number of full-time equivalent employees during the year is analysed as follows- 2022 No. 2021 No. Number of admin staff No employee received employee benefits of more than £60.000 during the year {2021: Nil). 10. Trustee remuneratlon and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 11. Creditors: amounts falling due within one year 2022 2021 Accruals and deferred income 2,300 800 12
United Kingdom Islamic Mission Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2022 12. Analysis of charitable funds Unrestricted funds At 31 March 20 22 At 1 April 2021 Income Expenditure General funds 44.543 349.027 12,3891 391.181 Al 31 March 20 21 Al 1 April 2020 Income Expenditure General funds 45.369 {826) 44,543 13. Analysi5 of net assets between funds Unrestricted Total Funds Funds 2022 Current assets 391,181 391,181 Unreslricled Total Funds Funds 2021 Cuffenl assets 44.543 44,543 13