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2023-02-28-accounts

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

Company Registration No. 07518555 (England and Wales) Charity Registration No. 1158560

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees B Gora
S Naguib
F Ayub
K Ahmed
S Moughal
S Ullah
Advisors M Francois
Charity number 1158560
Company number 07518555
Principal address P O Box 106
38 Sunbridge Road
Bradford
BD1 2DZ
Registered office P O Box 106
38 Sunbridge Road
Bradford
BD1 2DZ
Independent examiner Alison Whalley FCA
Azets Audit Service Ltd
Carlton House
Bradford
BD1 4NS
Bankers Virgin Money
1 Westgate
Shipley
BD18 3SD

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

CONTENTS

Page
Trustees' report 1 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9
Notes to the accounts 10 - 22

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 28 FEBRUARY 2023

The Trustees present their annual report and financial statements for the year ended 28 February 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2019)

Objectives and activities

The Charity's objects are to promote any charitable purpose for the benefit of Muslim women, including the advancement of education, the relief of poverty, sickness and distress, and the promotion and preservation of good health.

Muslim Women’s Council is an all women led and governed organisation that places Muslim women at the forefront of all our work. Our work does not include the teaching or promotion of religion, rather we address the barriers encountered by Muslim women and their families in playing a full and active role in society and the economy.

Our activities are continually evolving as we build knowledge, insight, and networks, but remain focused on:

As we move forward, we have an ambition to not only inform but also influence policies and practices that affect Muslim women across the UK and the globe.

Our work

With support from Muslim women, wider communities, funders and partners our work continues to support the needs of Muslim women and girls in and around Bradford (of all backgrounds, ages and ethnicity) building on what we have achieved and learned to date. Our work is informed by lived experience and insight of Muslim women to better meet their needs.

Muslim women are nationally considered as one of the most disadvantaged and disenfranchised groups. They are a diverse group and suffer the same inequalities as other women (access to employment, domestic violence, pay inequality etc) with additional factors that multiply their disadvantage, for example: negative public perception / stereotyping - amplified by the media, religious discrimination (Islamophobia), and cultural practices from within their own communities.

Whilst we focus on Muslim women and girls, we are open to supporting all women regardless of age, ethnicity, belief, or background; many of these women are from various BAME communities based in and around Bradford. We also support the homeless, women from other faiths and ethnicities, children/young people, elderly/old people, and anyone who needs help that we can provide.

We have adopted an agile approach that allows us to explore and respond quickly where and when needed. It also allows us to try out different approaches to help test ideas, learn, and develop what works, and to explore and offer more effective ways of meeting the needs of Muslim women in Bradford and beyond.

We know we cannot achieve our aims alone and value partnerships with others who share our vision and values. All partnerships are tested for alignment of shared vision and mission, ensuring partners have a focus on supporting women or any of our other beneficiaries such as the homeless.

To ensure that our work continues to deliver our aims and the needs of our beneficiaries, we review activities each year at our board and staff away day. This review looks at what we have achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Based on this review we have agreed to continue focusing on: (a) Voice, leadership, and access to decision-making (b) Access to skills and employment (c) Freedom of faith (d) Community resilience

With a connection to (mental) health and wellbeing of Muslim women, lessening the impact of loneliness and experiencing a deep-seated fear and anxiety regarding their health as they continue to deal with a new world with COVID-19 and the cost-of-living crisis and fallout from Brexit. We are looking at implementing ways in which to help them build their skills, knowledge, experiences, and confidence to achieve their ambition and their potential.

Our Values Our values reflect what we are trying to achieve through our work:

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance

The last 12 months have been successful considering the ongoing impact of COVID-19 on the nation and locally on us as an organisation and our beneficiaries. The increasing costs-of-living and impact of Brexit has been significant on the running of our charity.

The cost of renting and running an office have become unaffordable and we have been looking our own building to buy. Over the year we have been faced by economic challenges, funding competition and uncertainty, workforce, and volunteer challenges as they try to survive in the current climate.

Furthermore, the aftermath of the Brexit campaign has seen a rise in nationalist and anti-immigrant sentiments, which may have made some Muslim women feel less welcome or more vulnerable to discrimination or hate crimes. It has bought to the forefront of public discourse issues related to national identity, cultural integration, and diversity. With Muslim women feeling more scrutinised or even targeted in this context.

We have done our utmost to continue our services and activities to meet the needs of our service users and beneficiaries, who have become more vulnerable and in need of assistance, putting additional strain on our charity resources.

In response we have been discussing the possibility of leaving the office and working remotely to save money and ensure the continued delivery of services and activities. Also exploring and implementing new fundraising strategies, cost-saving measures, and collaborations with other organisations to maintain our services. We are surviving and continuing to support those who need it.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

The main activities of the last 12 months have been:

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MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

The MWC Management Board travelled to Andalucia in Spain, for 5 days in March 2022, for a health & wellbeing retreat. We also used the time to research and explore future opportunities, to take groups of women including our Think & Do Tank cohorts and service users from other projects, for wellbeing and learning retreats. We are organising more retreats in Spain, and exploring options for retreats in other countries such as Turkey, Morocco and Bosnia.

Fundraising

Section 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising activities. The legislation defines fundraising as ‘soliciting or otherwise procuring money or other property for charitable purposes’. The charity does not actively raise funds from the public either directly or via use of an agent, accordingly no such amounts are presented in the financial statements for the year under review. The charity has received no complaints in relation to fundraising activity for the year under review.

Given the nature of the funding of the charity the Trustees consider that it remains appropriate not to be voluntarily bound to be regulated by the Fundraising Regulator.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

Financial review

Income for the year amounted to £161,094 (2022 £218,684) with expenditure amounting to £192,614 (2022 £207,197) resulting in a net expenditure of £31,520 (2022 net income £11,487).

Reserves stood at £90,721 (2022 £122,241).

Free reserves stood at £62,636 (2022 £67,011).

It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three month’s expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This amounts to £50,000, currently free reserves are in line with the policy.

The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The Daughter's of Eve annual conference operates under an extensive risk management review structure given the nature of work it aims to achieve. All activities carried out under the Muslim Women's Council also benefit from project specific risk assessments.

Structure, governance and management

The Charity is a company limited by guarantee governed by the terms of its Memorandum and Articles of Association. The company was incorporated on 7 February 2011 and registered as a charity on 15 September 2014.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

B Gora

S Naguib F Ayub K Ahmed S Moughal S Ullah

Trustees are recruited for their skills and experience they can bring to the charity and are supported by the other trustees.

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Qualifying third party indemnity provisions

Indemnity insurance has been taken out at a cost of £400 (2022 - £254).

The Muslim Women's Council employs a Chair and Chief Executive officer. The organisation uses the services of self employed staff to perform specific duties which include administration, business development, IT, social media and sessional work.

Acknowledgements

The Muslim Women's Council formally acknowledges its advisors, funders and partners in the delivery of its aims and objectives.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

The Trustees' report was approved by the Board of Trustees.

B Gora

Trustee

27 November 2023

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MUSLIM WOMEN'S COUNCIL

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUSLIM WOMEN'S COUNCIL

I report to the Trustees on my examination of the financial statements of Muslim Women's Council (the Charity) for the year ended 28 February 2023.

Responsibilities and basis of report

As the Trustees of the Charity (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 financial statements of the Charity 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 financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

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 that in any material respect:

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 financial statements to be reached.

Alison Whalley FCA Azets Audit Services Ltd

Carlton House Grammar School Street Bradford BD1 4NS

Dated: 27 November 2023

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MUSLIM WOMEN'S COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 28 FEBRUARY 2023

Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income from:
Donations and legacies
3
38,474
120,490
Charitable activities
4
2,130
-
Total income
40,604
120,490
Expenditure on:
Charitable activities
5
45,219
147,395
Net (expenditure)/income for
the year/
Net movement in funds
(4,615)
(26,905)
Fund balances at 1
March 2022
69,406
52,835
Fund balances at 28
February 2023
64,791
25,930		 Total Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
158,964
11,529
205,975
2,130
1,180
-
161,094
12,709
205,975
192,614
8,115
199,082
(31,520)
4,594
6,893
122,241
64,812
45,942
90,721
69,406
52,835		 Total
2022
£
217,504
1,180
218,684
207,197
11,487
110,754
122,241

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

BALANCE SHEET

AS AT 28 FEBRUARY 2023

Notes
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within
one year
12
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
13
Unrestricted funds
Designated funds
14
General unrestricted funds		 2023
£
1,709
98,465
100,174
(11,608)
2,155
62,636		 £
2,155
88,566
90,721
25,930
64,791
90,721		 2022
£
2,314
124,004
126,318
(6,472)
-
69,406		 £
2,395
119,846
122,241
52,835
69,406
122,241

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 28 February 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 27 November 2023

B Gora

Trustee

Company registration number 07518555

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

1 Accounting policies

Charity information

Muslim Women's Council is a private company limited by guarantee incorporated in England and Wales. The registered office is Lister Suite, Carlisle Business Centre, 60 Carlisle Road, Bradford, BD8 8BD.

1.1 Accounting convention

The accounts have been prepared in accordance with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Expenditure

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

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MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers 20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

1 Accounting policies

(Continued)

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Donations and gifts
1,974
210
Listed below
36,500
120,280
38,474
120,490
Grants receivable for
core activities
The Rank Foundation
-
-
Engage Britain
-
10,000
The Pilgrim Trust
-
7,755
The Tudor Trust
30,000
2,000
The Wellcome Trust
-
11,614
Sir Ken and Lady
Morrison Fund
-
-
The Leap
-
-
The National Lottery
Community Fund
-
-
Scurrah Wainright
-
4,000
Rosa
-
-
ESF Community Grants
-
6,720
Friends Provident
Foundation
-
54,891
Smallwood Trust
-
-
Muslim Charities Forum
-
-
Westhill Endowment
-
2,750
The Albert Hunt Trust
-
-
Garfield Weston
Foundation
6,500
-
Prince of Wales
Charitable Trust
-
1,000
Alpkit Foundation
-
-
Lets Create Jubilee Fund
-
9,550
Bartlet Group fund
-
10,000
Leeds Building Society
-
-
36,500
120,280		 Total Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
2,184
10,529
-
156,780
1,000
205,975
158,964
11,529
205,975
-
-
12,500
10,000
-
-
7,755
-
-
32,000
-
25,000
11,614
-
-
-
-
4,900
-
-
15,000
-
-
19,778
4,000
-
-
-
-
8,000
6,720
-
4,480
54,891
-
95,317
-
-
8,500
-
-
10,000
2,750
-
-
-
-
2,000
6,500
-
-
1,000
-
-
-
-
500
9,550
-
-
10,000
-
-
-
1,000
-
156,780
1,000
205,975		 Total
2022
£
10,529
206,975
217,504
12,500
-
-
25,000
-
4,900
15,000
19,778
-
8,000
4,480
95,317
8,500
10,000
-
2,000
-
-
500
-
-
1,000
206,975

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

4 Charitable activities

Charitable
Income
Charitable
Income
2023
2022
£
£
2,130
1,180
Project
Costs
Total
2022
2022
2022
£
£
£
6,669
-
6,669
-
-
-
-
24,888
24,888
49,643
-
49,643
75,200
-
75,200
131,512
24,888
156,400
47,715
-
47,715
3,082
-
3,082
182,309
24,888
207,197
7,593
522
8,115
174,716
24,366
199,082
182,309
24,888
207,197		 Charitable
Income
Charitable
Income
2023
2022
£
£
2,130
1,180
Project
Costs
Total
2022
2022
2022
£
£
£
6,669
-
6,669
-
-
-
-
24,888
24,888
49,643
-
49,643
75,200
-
75,200
131,512
24,888
156,400
47,715
-
47,715
3,082
-
3,082
182,309
24,888
207,197
7,593
522
8,115
174,716
24,366
199,082
182,309
24,888
207,197		 Charitable
Income
Charitable
Income
2023
2022
£
£
2,130
1,180
Project
Costs
Total
2022
2022
2022
£
£
£
6,669
-
6,669
-
-
-
-
24,888
24,888
49,643
-
49,643
75,200
-
75,200
131,512
24,888
156,400
47,715
-
47,715
3,082
-
3,082
182,309
24,888
207,197
7,593
522
8,115
174,716
24,366
199,082
182,309
24,888
207,197
2023
£
2,130
Project
Costs
2022
£
-
-
24,888
-
-
24,888
-
-
24,888
522
24,366
24,888		 2022
£
1,180
Events
Charitable activities
Staff costs
Conference and events
Project costs
Freelance consultants
Trustees consultancy fees
and expenses
Share of support costs (see
note 6)
Share of governance costs
(see note 6)
Analysis by fund
Unrestricted funds
Restricted funds		 2023
£
6,887
-
-
47,719
54,460
109,066
32,133
2,042
143,241
40,675
102,566
143,241		 Project
Costs
2023
£
-
3,859
45,514
-
-
49,373
-
-
49,373
4,544
44,829
49,373		 Total
2023
£
6,887
3,859
45,514
47,719
54,460
158,439
32,133
2,042
192,614
45,219
147,395
192,614
Total
2022
£
6,669
-
24,888
49,643
75,200
2022
£
6,669
-
-
49,643
75,200
131,512
47,715
3,082
182,309
7,593
174,716
182,309
156,400
47,715
3,082
207,197
8,115
199,082
207,197

5 Charitable activities

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

6
Support costs
Support
costs
Governance
costs
£
£
Staff costs
20,663
-
Depreciation
491
-
Book keeping and payroll
192
-
Travelling
7,697
-
Premises costs
(1,103)
-
Insurance
400
-
Office costs
2,877
-
Sundry
916
-
Independent examination
-
1,975
Trustees expenses
-
67
32,133
2,042
Analysed between
Charitable activities
32,133
2,042		 2023
Support
costs
Governance
costs
£
£
£
20,663
20,006
-
491
921
-
192
-
-
7,697
14,585
-
(1,103)
6,414
-
400
254
-
2,877
3,971
-
916
1,564
-
1,975
-
1,740
67
-
1,342
34,175
47,715
3,082
34,175
47,715
3,082		 2022
£
20,006
921
-
14,585
6,414
254
3,971
1,564
1,740
1,342
50,797
50,797

All support costs are allocated to the only charitable activity.

Governance costs includes payments to the Independent Examiner of £1,975 (2022- £1,740) for independent examination fees.

7 Trustees

Travel expenses were paid out to three trustees amounting to £67 in the year (2022 £1,342, two trustees).

During the year two trustee's received remuneration for consultancy totalling £54,460 (2022 - £75,200 to one trustee).

During the year costs of £2.042 were accrued to one trustee for use of home as office (2022 - nil).

8 Employees

Number of employees

The average monthly number of employees during the year was:

2023 2022
Number Number
1 1
Employment costs 2023 2022
£ £
Wages and salaries 27,550 26,675

There were no employees whose annual remuneration was £60,000 or more.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

9 Taxation

As a charity the company is exempt from tax on income falling within part II of the Corporation Tax Act 2010 and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the charity.

10 Tangible fixed assets

Cost
At 1 March 2022
Additions
At 28 February 2023
Depreciation and impairment
At 1 March 2022
Depreciation charged in the year
At 28 February 2023
Carrying amount
At 28 February 2023
At 28 February 2022
11
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
12
Creditors: amounts falling due within one year
Trade creditors
Accruals		 Computers
£
10,313
251
10,564
7,918
491
8,409
2,155
2,395
2023
2022
£
£
700
700
1,009
1,614
1,709
2,314
2023
2022
£
£
7,651
3,394
3,957
3,078
11,608
6,472		 Computers
£
10,313
251
10,564
7,918
491
8,409
2,155
2,395
2023
2022
£
£
700
700
1,009
1,614
1,709
2,314
2023
2022
£
£
7,651
3,394
3,957
3,078
11,608
6,472
10,564
7,918
491
8,409
2,155
2,395
2022
£
700
1,614
2,314
2022
£
3,394
3,078
6,472

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

Balance at 28 February 2023 £ - - - - - 3,543 - - - 22,387 - - - - - - - - - - - 25,930
Movement in funds Incoming
Resources		 resources
expended		 £
£		 -
(4,750)		 -
(16,461)		 -
-		 7,755
(7,755)		 -
-		 210
-		 10,000
(10,000)		 2,000
(2,000)		 6,720
(9,706)		 66,505
(64,331)		 -
-		 -
-		 4,000
(4,000)		 -
-		 -
-		 10,000
(10,000)		 -
(5,092)		 -
-		 6,500
(6,500)		 -
-		 13,300
(13,300)		 126,990
(153,895)
Balance at 1 March 2022 £ 4,750 16,461 - - - 3,333 - - 2,986 20,213 - - - - - - 5,092 - - - - 52,835
Movement in funds Incoming
Resources		 resources
expended		 £
£		 10,000
(5,250)		 10,000
(3,539)		 12,500
(12,500)		 -
-		 -
(4,974)		 -
-		 -
-		 -
(2,000)		 4,480
(1,494)		 95,317
(75,104)		 9,778
(9,778)		 8,000
(8,000)		 -
-		 8,500
(8,500)		 500
(500)		 4,900
(4,900)		 25,000
(45,543)		 2,000
(2,000)		 -
-		 15,000
(15,000)		 -
-		 205,975
(199,082)
Balance at 1 March 2021 £ - 10,000 - - 4,974 3,333 - 2,000 - - - - - - - - 25,635 - - - - 45,942
Our Deen is Green Helpline and mobile app Social Enterprise Project Aunties Network Online training and teaching Mosque donations Engage Britain Event Board of Trustees Wellbeing Employment and literacy Think Tank Helpline Covid response Ladies Tea and Chat Think Tank Smallwood Trust Walk and Talk Curry circle CEO and Core costs Albert Hunt Trust Weston Charity Award Art Insallations Calligraphy

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

14 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement
in funds
Incoming Balance at Transfers Balance at
resources 1 March 2022 28 February
2023
£ £ £ £
Fixed assets - - 2,155 2,155
- - 2,155 2,155

A transfer has been made in the year to show the net book value of the fixed assets held.

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

Resources
Transfers
Balance at 28		 expended
February 2023		 £
£		 (144,345)
-
25,930		 -
2,155
2,155		 (45,219)
(2,155)
62,636		 (189,564)
-
90,721		 Total
Unrestriced
Restricted
Total		 funds
funds		 2023
2022
2022
2022		 £
£
£
£		 2,155
2,395
-
2,395		 88,566
67,011
52,835
119,846		 90,721
69,406
52,835
122,241
Resources
Transfers
Balance at
Incoming		 expended
1 March 2022
resources		 £
£
£
£		 (199,082)
-
52,835
117,440		 -
-
-
-		 (8,115)
-
69,406
40,604		 (207,197)
-
122,241
158,044		 Unrestriced
Designated
Restricted		 funds
funds
funds		 2023
2023
2023		 £
£
£		 -
2,155
-		 62,636
-
25,930		 62,636
2,155
25,930
Funds Balance at 1
Incoming		 March 2021
resources		 £
£		 Restricted funds
45,942
205,975		 Designated Funds
-
-		 General funds
64,812
12,709		 Total funds
110,754
218,684		 Analysis of net assets between funds Fund balances at 28 February 2023 are represented by: Tangible assets Current assets/(liabilities)
15 16

DocuSign Envelope ID: BF84E433-E273-4370-A991-224F8C6AB1FB

MUSLIM WOMEN'S COUNCIL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2023

17 Related party transactions

There were no disclosable related party transactions during the year (2022- none) other than those disclosed in note 7.