2024-03-31-accounts

ALMUWASSAT COMMUNITY IN UK Trustees Reports and Financial Statements For the year ended 31[st] March 2024 Charity Registration No. 1157321

Principal Address:

AL MUWASSAT COMMUNITY 283-291 Wandsworth Road

London SW8 2ND

Trustees

Abdulkadir Ahmed (Chair)

Hamid Mahmud Omar (Vice Chair)

AL MUWASSAT COMMUNITY IN UK Trustees Reports and Financial Statements

Chair Statement

Statement: Al Muwassat Financial Statements for the Fiscal Year Ending March 31, 2024

This report details the financial statements of Al Muwassat for the fiscal year concluding on March 31, 2024. The presentation is in line with the receipt and payments basis, consistent with the approach adopted in the previous year, facilitating a meaningful comparison to assess the organization's financial position.

Al Muwassat's ongoing fundraising efforts are sustained through conventional avenues such as General Donations, Member Contributions, and Funeral Cost Payback.

On behalf of Al Muwassat, I express deep gratitude to all individuals and organizations that have extended their support, enabling us to carry out our activities and achieve our overarching goals. Special thanks are extended to our members and trustees for their dedicated efforts. Their hard work has been pivotal, and without their steadfast support, maintaining our services of the highest standard would not have been possible.

Introduction

AL MUWASSAT COMMUNITY IN UK is a charitable trust established to provide funeral service for the Eritrean Community in UK. The objectives of the charity are:

• The advancement and provision of funeral arrangements in accordance with the Islamic Faith for those who cannot afford to pay for them.

• Provision of programs to relieve mental and physical stress from bereavement of the loss of loved ones through counseling and other support.

Achievements and Performance

AL MUWASSAT COMMUNITY IN UK managed to address and run its activities with a brief time and the contribution of its members played a vital role both financially and logistically

The organisation has managed to:

• Keeping the Board meeting regularly and with accordance with the constitution

• Promoting and presenting its activities (Leaflet, Video, Participating in different venues)

• Addressing and expanding its activities to other parts of the UK, namely, Birmingham, Sheffield, Leeds, Manchester, Liverpool, and Nottingham

• Establishment of Funeral Service Facilities in Al-Nagashi Centre, fundraising for the purpose was actively made to include the coverage of cost of building work needed to the washing room and buying an ambulance from donations from benefactors and not from the revenues of contributions.

• Empowering the community members to find a platform of education, encouraging educational programs especially related to charity.

Financial Statement for Year Ending 2024

			2024 2023
	Receipts	Note	£ £
	Funeral Payback		53,940 27,965
	Member Contribution		41,554 70,104
	General Donation		24,928 12,681
	Total Fund		120,421 110,750
	Payments
	Administration Cost	1	-22,957 -10,115
	Funeral Service Cost		-50,000 -43,271
	Insurance		-2,472 -297
	Funeral Service Installation		-28 -1,443
	Total Expenses		-75,457 -55,126
	Surplus/(Deficit)		44,964 55,624
	Note 1
	Administration Cost
	Salaries and Wages		-13,905 -5,661
	Stationary& Material		- -2,200
	Bank charges,interest		-884 -986
	Telephone & Internet		-1,353 -1,217
	Sundries		- -51
	IT infrastructure		-6815 -
	Total		-22,957 -10,115

FINANCIAL REVIEW:

Our primary funding sources for the current year include membership fees and donation contributions. Additionally, we receive funeral costs payback/refunds from deceased family members, and we organize various charitable events that attract generous donations.

In terms of financial planning, it is important to highlight that the Association did not maintain any reserves during the period under review.

These strategic steps and financial decisions are integral to our commitment to responsible fiscal management and our mission to enhance the efficiency and sustainability of our services.

ACKNOWLEDGEMENTS

We are indebted to the generosity and dedication of all the volunteers who work with the Association. Their continued commitment and hard work are highly appreciated by the Trustees.

MANAGEMENT COMMITTEE MEMBERS' RESPONSIBLITIES:

The members recognize their responsibilities for keeping proper accounting records and preparing financial statements each year. The accounts have been prepared on the receipts and payments basis and have been examined by an independent examiner,

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AL MUASSAT COMMUNITY IN UK

I have examined the attached account and statement, which have been prepared on the receipts and payments basis and notes of accounts.

Respective responsibilities of Trustees and Examiner

As trustees of the Management Committee, you are responsible for the preparation of the accounts; and you consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 and that an independent examination is needed. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43-(7) (b) of the Act, whether matters have come to my attention.

Basis of independent examiner's statement

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner's statement

Hereby I, Jaber Mohammed Idris report that in my examination of the above figure and accounts, no matter has come to my attention:

1) Which gives me reasonable cause to believe that in my material respect the requirement

• To keep accounting records in accordance with section 41 of the Act; and

• To prepare accounts which accord with the accounting records,

• To comply with the accounting requirements of the Act have not been met; or

2) 2) To which in my opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jaber Mohammed Idris

Accountant

24/12/2024

Statement of Trustees’ Responsibilities

The trustees, to the best of their ability and knowledge, prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and its results for that period. In preparing those financial statements the trustees are required to:

• Select suitable accounting policies and then apply them consistently.

• Make judgments and estimates that are reasonable and prudent.

State whether the policies adopted are in accordance with the Charities SORP and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statement; and

Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation.

The directors / trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statement complies with relevant law. They are also responsible for safeguarding the charity's assets and hence for taking reasonable steps to prevent and detect fraud or other irregularities. Review and results

The Trustees are pleased to submit their report and Financial Statements for the year ending 31/03/2024

Approved and signed on behalf of the charity’s trustees by :

Abdulkadir Ahmed (Chair)

Signature: Date: 16/12/2024 Hamid Mahmud Omar (Vice Chair) Signature: Date: 16/12/2024 Se