2023-12-31-accounts - Muhammadiyah House Of Wisdom

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REGISTERED CHARITY NUMBER: 1145770

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MUHAMMADIYAH HOUSE OF WISDOM

LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 6UB

MUHAMMADIYAH HOUSE OF WISDOM

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 December 2023

	Page
Report of the Trustees	1 to 5
Independent Examiner's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Financial Statements	9 to 12
Detailed Statement of Financial Activities	13

MUHAMMADIYAH HOUSE OF WISDOM

REPORT OF THE TRUSTEES for the year ended 31 December 2023

The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

The Muhammadiyah House of Wisdom (Charitable Trust) are pleased to present the annual report and independently examine financial statements of the year and 31st of December 2023 trustees adopted the provisions of the statement of recommended practice (2005) accounting standards charities at 2011.

It is now been over a year that a new board has been appointed to actively manage the affairs of the charity on a day-to-day basis. The main task is to fund raise for events and help increase the exposure of the charity as previously the charity was very little-known outside of its immediate core network of supporters.

This is the year that has seen the initiation of the Global Peace Mission. This is the new benchmark standard of what the charity wants to achieve over the next 5 to 10 years. We are at the infancy stage of a great endeavour which will come to fruition and manifest into reality over the next 5 to 10 years.

The initial five-year goal is to send delegations around the world to hold seminars and workshops in different countries and cities, especially where there are Muslim populations to help create a spiritual revival and teach them the true authentic teachings of the religion as taught by Prophet Muhammad (peace be upon him).

Phase 2 of the long-term global peace mission is to help develop interfaith relations and showcase to non-Muslim communities the true peaceful authentic message of Islam, which truly has the potential of uplifting people individually and collectively to a whole new aspect of holistic living.

This is the blue print which is fully in motion now and has seen success as we have already travelled to all major cities around Europe, and to places far afield as New Zealand, Australia and USA.

OBJECTIVES AND ACTIVITIES Objectives and aims Introduction

The Global Peace Mission (GPM) is a brand initiative under MHOW our charitable organisation dedicated to promoting peace, understanding, and harmony across the world through its comprehensive dawah (Islamic outreach) programs. Our mission is to foster a global community where the values of tolerance, compassion, and mutual respect are upheld. This report outlines our efforts, methodologies, and impacts through various seminars and workshops designed to spread the message of peace.

Mission and Vision

-Mission To spread the message of peace and harmony by educating people about the core values of Islam through effective dawah programs.
-Vision To create a world where people of different cultures, religions, and backgrounds coexist peacefully and work together for the common good.

Page 1

MUHAMMADIYAH HOUSE OF WISDOM

REPORT OF THE TRUSTEES for the year ended 31 December 2023

OBJECTIVES AND ACTIVITIES

Significant activities

Our Dawah-related programs are structured around interactive seminars and workshops that cater to diverse audiences worldwide. These programs aim to educate individuals about the peaceful teachings of Islam, dispel misconceptions, and encourage dialogue and understanding.

Key Components of Our Dacha Programs

1: Educational Seminars

Objective To provide in-depth knowledge about Islam's teachings on peace, justice, and coexistence.
Format Lectures by renowned scholars, Q&A sessions, and multimedia presentations.
Audience: Community leaders, students, educators, and the general public.

2: Interactive Workshops

Objective: To engage participants in practical discussions and activities that highlight the application of Islamic principles in everyday life.
Format: Group discussions, case studies, and interactive exercises delivered through interactive workshop and even residential retreats
Audience: Youth groups, community members, interfaith groups, and professionals.

3: Cultural Exchange Programs

Objective: To promote mutual understanding and appreciation of cultural diversity.
Format: Cultural exhibitions, storytelling sessions, and interfaith dialogues.
Audience: International participants, cultural organizations, and religious groups

4: Online Outreach

Objective: To leverage digital platforms to reach a global audience.
Format: Webinars, online courses, social media campaigns, and virtual discussions.
Audience: Global internet users, particularly young people and remote communities.

Page 2

MUHAMMADIYAH HOUSE OF WISDOM

REPORT OF THE TRUSTEES for the year ended 31 December 2023

ACHIEVEMENT AND PERFORMANCE Charitable activities Impact and Achievements

1:Enhanced Understanding and Tolerance:

Over 2,000 participants from a dozen countries have attended our seminars and workshops held around the word, mostly in UK.
Positive feedback from participants who report a deeper understanding of Islam's message of peace and a reduction in prejudice.

2: Strengthened Community Relations:

Successful collaboration with local and international partners, including religious organisations, educational institutions, and community centres.
Development of interfaith partnerships councils and peace committees in several regions. We have even created a new brand called Seek2Change just to focus on interfaith initiatives and to work with non-muslim organisations and other religious groups.

3: Digital Engagement:

Reached over 1 million people through our online platforms, including social media, webinars, and e-learning modules.
High engagement rates and positive feedback on our digital content, which is designed to be informative, accessible, and engaging.

Internal and external factors Challenges and Solutions

1: Cultural Sensitivities:

Challenge: Navigating cultural differences and ensuring the message is appropriately tailored to diverse audiences.
Solution: Involving local leaders and cultural experts in program planning and delivery.

2: Misconceptions and Prejudices:

Challenge : Addressing deep-rooted misconceptions and prejudices about Islam.
Solution : Utilising evidence-based approaches, testimonials, and personal stories to build empathy and understanding.

3: Resource Constraints:

Challenge : Limited financial and human resources to expand our reach.
Solution: Strengthening partnerships, volunteer networks, and fundraising efforts to support our initiatives.

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MUHAMMADIYAH HOUSE OF WISDOM

REPORT OF THE TRUSTEES for the year ended 31 December 2023

FUTURE PLANS

1: Expansion of Programs:

Launch new seminars and workshops in underrepresented regions.
Develop specialized programs for different professional sectors, such as healthcare, education, and law enforcement.

2: Enhanced Digital Presence:

Invest in cutting-edge technology to enhance our online outreach and engagement.
Develop a comprehensive digital library of resources, including videos, articles, and interactive tools.

3: Research and Evaluation:

Conduct research to measure the long-term impact of our programs.
Use feedback and data to continuously improve and innovate our approaches.

Conclusion

Muhammadiyah Initiative is committed to spreading the message of peace around the world through its dedicated dawah programs. Our seminars and workshops have made significant strides in fostering understanding, reducing prejudice, and building a global community rooted in the values of peace and compassion. With continued support and collaboration, we aim to expand our impact and work towards a more harmonious world

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Charity constitution

Muhammadiyah House of Wisdom is a registered charity, number 1145770, and is constituted under the Trust Deed dated 20th October 2002 as amended dated 27th January 2012

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1145770

Principal address

33 Ridling Lane Hyde Cheshire SK14 1NP

Trustees

A M Anees G Hussain M G K Choudhury S Islam M Nawaz

Independent Examiner

LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 6UB

Page 4

MUHAMMADIYAH HOUSE OF WISDOM

REPORT OF THE TRUSTEES for the year ended 31 December 2023

Approved by order of the board of trustees on 24 October 2024 and signed on its behalf by:

A M Anees - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUHAMMADIYAH HOUSE OF WISDOM

Independent examiner's report to the trustees of Muhammadiyah House of Wisdom

I report to the charity trustees on my examination of the accounts of Muhammadiyah House of Wisdom (the Trust) for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Ashwani Rishiraj BA FCA

LDP Luckmans 1110 Elliott Court Coventry Business Park Herald Avenue Coventry West Midlands CV5 6UB

24 October 2024

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MUHAMMADIYAH HOUSE OF WISDOM

STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023

2023 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 297,337 EXPENDITURE ON Raising funds 177,728 Charitable activities Governance cost 6,671 Total 184,399 NET INCOME 112,938 RECONCILIATION OF FUNDS Total funds brought forward 122,241 TOTAL FUNDS CARRIED FORWARD 235,179	2022 Total funds £ 149,508 144,285 1,135 145,420 4,088 118,153 122,241

The notes form part of these financial statements

Page 7

MUHAMMADIYAH HOUSE OF WISDOM

BALANCE SHEET 31 December 2023

2023 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank and in hand 236,678 CREDITORS Amounts falling due within one year 4 (1,499) NET CURRENT ASSETS 235,179 TOTAL ASSETS LESS CURRENT LIABILITIES 235,179 NET ASSETS 235,179 FUNDS 5 Unrestricted funds 235,179 TOTAL FUNDS 235,179	2022 Total funds £ 123,241 (1,000) 122,241 122,241 122,241 122,241 122,241

The financial statements were approved by the Board of Trustees and authorised for issue on 24 October 2024 and were signed on its behalf by:

A M Anees - Trustee

The notes form part of these financial statements

Page 8

MUHAMMADIYAH HOUSE OF WISDOM

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.

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continued...

MUHAMMADIYAH HOUSE OF WISDOM

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023

3.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
EXPENDITURE ON
Raising funds
Charitable activities
Governance cost
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
4.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
5.
MOVEMENT IN FUNDS
At 1.1.23
£
Unrestricted funds
General fund
122,241
TOTAL FUNDS
122,241
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
297,337
TOTAL FUNDS
297,337

Unrestricted
fund
£
149,508
144,285
1,135
145,420
4,088
118,153
122,241
2023
2022
£
£
1,499
1,000
Net
movement
At
in funds
31.12.23
£
£
112,938
235,179
112,938
235,179
Resources
Movement
expended
in funds
£
£
(184,399)
112,938
(184,399)
112,938

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MUHAMMADIYAH HOUSE OF WISDOM

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023

5. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.1.22 £ Unrestricted funds General fund 118,153 TOTAL FUNDS 118,153 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 149,508 TOTAL FUNDS 149,508	Net movement At in funds 31.12.22 £ £ 4,088 122,241 4,088 122,241 Resources Movement expended in funds £ £ (145,420) 4,088 (145,420) 4,088

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund TOTAL FUNDS	At 1.1.22 £ 118,153 118,153	Net movement in funds £ 117,026 117,026	At 31.12.23 £ 235,179 235,179

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 446,845 446,845	Resources Movement expended in funds £ £ (329,819) 117,026 (329,819) 117,026

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continued...

MUHAMMADIYAH HOUSE OF WISDOM

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 December 2023

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2023.

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MUHAMMADIYAH HOUSE OF WISDOM

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2023

INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Raising donations and legacies Charitable Activities Support costs Management Telephone Postage and stationery Subscription & insurance Governance costs legal fees Accountancy Total resources expended Net income	2023 £ 297,337 297,337 177,728 396 235 676 1,307 3,400 1,964 5,364 184,399 112,938	2022 £ 149,508 149,508 144,285 - 135 - 135 - 1,000 1,000 145,420 4,088

This page does not form part of the statutory financial statements

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