REGISTERED CHARITY NUMBER: 1174457 REPORT OF THE TRIISTEES AIYD UNAUDITED FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 05 APRIL 2024 FOR UK MUSLI11 FILM Adams and Moore Chartered Certified Accountants Adams and Moore House Instone Road Dartford KENT DAI 2AG
UK MUSLIM FILM CONTENTS OF THE FINANCIAL STATEIIIENTS FOR THE YEAR ENDED 5 ARIL 2024 Page Report of the Trustees Ito3 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Sta*ments 7t0 10 Detailed Statement of Financial Activities
UK MUSLIM FILM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their report with the financial statements of the charity for the year ended 05 April 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1174457 Principal address ADAMS & MOORE ADAMS & MOORE HOUSE INSTONE ROAD DARTFORD DAI 2AG Page I
UK MUSLIM FILM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 REFERENCE AND ADMINISTRATIVE DETAILS Trustees The trustees present their report and financial statements for the year ended 5 April 2024 The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's [governin2 document], the C.haritie5 Act ?01 l and 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from l January 2016) Objectives and activities The charity exists for the benefit of the public, especiall). Muslim inhabitants of (which Includes Enuland and Wale5). There has been no change to this during the year. The specific ainis of the charity are= _ a) the promotion of religious and racial hamiony for the public benefit by raising awareness about Islam and Muslim communities in the UK. b} promoting good relations and mutual understanding between faith groups. and seeking to reduce conflict. c) Providing guidance through every step of the process from development of the ide4 scripting, slaging scenes during production and the editing process. d) UK Muslim Film works to change perspeciives. We champion underrepresented talent and voices. both onscreen and behind the camera. Through film and television, we challenge misconceptions by ensuring authentic portrayals of Muslims on screen. We support the next generaiion of filmmakers to navigate the entertainmeni indusiry, because we believe thai film and ielevision have the capacity to transform, revolutionise and broaden our minds. e) giving real-world perspective on how faith practices are characterised, as well as drawing attention to intersectional identities being portrayed. We help expound and advise on the broad diiwersity of Muslim belief and practice within the community. fj facilitating access to experts and advisors from relevant fields to give a broad and balanced perspective for decision makers to Consider. Support Can range from single scenes or a line in a script right through to long-tem] engagement. g} UKMF is creating a culture where Muslims on screen are recognised, embraced and celebrated by audiences worldwide. By promoting greater understanding of Muslim cultures and the Islamic faith, we work to inspire pride and belonging in a young generation of British Muslims. Our mission is to integrate the Muslim experience into the heart of British culture. through film and television. Page 2
Aehievements and performance Finaneial review During the year the charity raised donations of £16,839 The total resources expended amounted to £2,281 There was a net Income, that lead to reserves held by the charity of £14,5i9. The trustee5 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. Through engaging with production conipanies, script writers. costume desiuners and decision makers, our unique and strong understanding of the diversity of Muslim belief and practice has allowed us to advise from a place of authority and deep insight. With decades of experience within the industry, UK Muslim Film exists to lift the bar when it comes to the portrayal of Muslim religious and cultural communities in media. It is the policy of the charity to create a culture where Muslims on screen are recognised, einbraced and understood better by audiences worldwide. We 5UPPOrt the next (veneration of filinmakers to navigate the entertainment industry, because we believe that film and television have the capaciry to transform, revolutionise and strengthen the common bonds in society. The trustees who served during the year and up to the date of signature of the financial statements were: Mr S Varda Miss S Varda Miss K Quamer Mrs R Varda r O Zaman None of the trustees receive any remuneration, payments or benefits from the charity Page 2
UK MUSLIM FILM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 REFERENCE AND ADMINISTIL4TIVE DETAILS Independent examiner Adams and Moore Chartered c.ertified Accountants Adams and Moore House Instone Road Dartford KENT DAI 2AG STRUCTIIRE, GOVERNALNCE AIYD TrIAIYAGEMENT Governing document The charity is controlled by its governing documen¢ a deed of trnsL and constitutes an unincorporated charity- UKMF'S advisory panel consists of respected industry veterans across all areas of production including Jen Smith is Interim CEO of CIISA, Imran Islam Head of Digithl Distribution (Studio Canal) and Claudia Yusef - Head of Development (BBC Film). Risk management The trustees have a duty to identify and review the ri5k5 to which the charity is exposed and to ensure appropria* safeguarding vulnerable beneficiaries and volunteer management. ACHIEVEMENT AND PERFORMANCE Charitable activities UK Muslim Film has continued its work with the industry through re-issuing the Ramadan Guide in collaboration with the Film & TV Charity. This was distributed widely across the UK and US. UK Muslim Film has Continued to support new filmmakers with their film project through providing guidance and promoting crew roles amongst their membership. These films have perfomied well and have been recognised on the festival circuit. UK Muslim Film has continued with 'The Networking, events bringing together Muslim creatives from all areas of production and industry executives. This has been further enhanced w'ith virtual interviews focused on interviewing Muslims and non-muslims alike around their film and TV projects 1th a deep dive into the creative aspects and representation. UKMF are working alongside broadcasters. streaming plarforms and production companies to open up their doors to Muslim creatives and to provide opportynities for newcomers and the more experienced. UKMF have started to place filmmakers and crew from our Muslim Creative membership in their first professional roles. UKMF are looking to widen this and ensure greater opportunities are created across all area5 of production. UKMF have participated in industry panel discussions and have been brought into more industry wide onversations around representation at all levels. UKMF have continued to perform consulting work on productions including 'Ghostbusters together with other shows for BBC, Nefflix and Amazon. Frozen Empire, We have continued our M'ork as ongoing story consultants for Hollyoaks (Channel 4) while continuing to forge strong working relaiions across the industry, in particular the BFI who are a key ally of UKMF. UKNqF are now looking to recruit for two funded part time roles in Programmes and Parinerships as well as Fundraising and Events. Page 3
UKMF continues to increase its membership through calls to action and promoting new opportunities within the screen industries in our membership area which 15 currently free to join. UKMF continues to build on its induslry relationships to raise awareness for its work and to find areas of collaboration to influence the narrative around storytelling themed around Muslims and Islam. The services included: Providing advocacyladvicelinforniation, Audience engagement through event, Building bridges betw'een Muslim creative community and the industry. Supporting filmmakers who have been subject to Islamophobia I racism. - Providing guidance to film and TV industry on how to address Islamophobia and racism within the workplace. Approved by order of the board of trustees on ............................................. and signed on its behalf by: S Varda - Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UK MUSLIM FILM I report on the accounts for the year ended 5 April 20?4, which are set out on pages five to twelve. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Aci,). I have examined your charity's accounts as required under section 145 of the Charities Act 2011 (Ihe Act,). Jn carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)(b} of the 2011 Act. My role is to state whether any material matters have come to my attention giving me cause to believe: that accounting records were not kept as required by section 130 of the Act. or that the accounts do not accord '1th those records; or that the accounts do not comply with the accountinu requireinents of the Act. or that there is further inforniation needed lor a proper understanding of the accounts. Independent examiner's statement I have completed my examination and have no con¢ems in respect of the matters (l ) to (4) listed above and, in connection with following the Directions of the Charity Commission I hae found no matters that require drawing to your attention. Adams and Moore Chartered c.ertified Accountants Adams and Moore House Instone Road Dartford KENT DAI 2AG Date- ............................................. Page 4
UK MUSLIM FILM STATEMENT OF FINALYCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024 5.04.?024 5.04.2023 Unrestricted fund Unrestricted Fund Notes INCOMING RESOURCES Ineoming resourees from gellerated funds Voluntary income 16.839 23,627 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income 2.281 16,240 Total resources expended 16,240 NET INCOMING RESOURCES 14,559 7,387 RECONCILIATIOIY OF FUNDS TOTAL FUNDS CARRIED FORWARD 21,293 6,734 The noies fomi part of these financial statements Page 5
UK MUSLIM FILM BALANCE SHEET AT 5 ARIL 2024 5.04.24 5.04.2023 Unrestricted Unrestricted fundFund Notes CURREIYT ASSETS Cash at bank Other Debtors 15.541 12,572 9,186 3,372 DIL4WIIYGS Amounts falling due within one year NET CURRENT ASSETS 21,293 6734 TOTAL ASSETS LESS CURRENT LIABILITIES 21,293 6.734 NET ASSETS 21.293 6,734 FUNDS Income]{Deficit) TOTAL FUNDS 21,293 21,293 6,734 6,734 The financial statements were approved by the Board of TnleeS on behalf by: and were signed on its S Varda -Trustee The noies fomi part of these financial statements Page 5
UK MUSLIM FILM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 ACCOUNTING POLICIES Accounting convention The financial statements have been prepared in accordance with the charity's governing documenL the Charities Act 201 l and "Accountinu and Reporting by Charitie5= Statement of Recoinmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I O?)" (as amended for accounting periods commencing from l January 2016)- 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 a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investtnent properties and certain financial instruments at fair value. The principal accounting policies adopted are Set out below. Going eoneer 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 ture. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds, when held, are subject to specific conditions by donors as 10 ho? they may be used. The purposes and uses of the restricted funds are set out in the notes io the financial statements. Incoming resources Income is recognised when the charity is legally entitled to it after any perfom]ance conditions have been meL 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 perfomance 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 otheni'ise if the charity has been notified of an impending distribution, the amount is kno.n, and receipt is expecied. If ihe amount is noi knoivn, the legacy is treated as a contingent asset. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for gdS and services provided in the nom)al course of business, net of discounts, VAT and other sales related taxes. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Wiere costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 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. Tangible fixed assets are sthted at Cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. Page 7
UK MUSLIM FILM NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 5 APRIL 2024 ACCOUNTING POLICIES - eontinued Accounting convention Land and buildings Not depreciated Plant and machinery Not depreciated The gain or loss arising on the disposal of an asset is deterniined as the difference between the sale proceeds and the carrying value of the asseL and is recognised in net incomel(expenditure) for the year. Impairment of fixed assets At each reporting end date, the charity reviews the carryinu amounts of its tangible assets to deter]nine whether there is any indication that those assets have suffered an impairmeni loss. Jf any such indication exists, the recoverable amount of the asset is estimated in order to detennine the extent of the impairn]ent Ios5 (if any). Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired. Cash and cash equivalents Cash and cash equi.alentS include cash in hand, deposits held at call with bank5. other short-term liquid investments with original maturitie5 of three months or les& and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 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 methiKI unless the arranuement constitutes a financing transaction, Ivhere 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: w'here the debt instrument is ineasured at the present value of the future p yamen ts 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 cosL using the effective interest raE 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 noi, Ihey are presented as non-curreni liabilities. Trade creditors are recognised initially at transaction price and subsequentl). measured at amortised cost usints the effective interest inethod. DE recognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. Employee benefits The cost of any unused holiday entitletnent is recognised in the period in which the employee's service5 are received. Tern)ination benefits are recognised immediately as an expense hell the charity is demonstrably committed to temiinate the employment of an employee or to provide termination benefits. Taxation The charity is exempt from tax on its charitable activities. Page 8
UK MUSLIM FILM OTES TO THE FILYANCIAL STATEMENTS- COIYTIIYUED FOR THE YEAR ENDED 05 April 2024 ACCOUNTING POLICIES- eontinued Aceounting conventio 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 '1(hin Ihe objecis of the charity. Restrictions arise when specified by the donor or when the funds are rnised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the fjnancial statements. Incoming resources All incoming resources are included on the Statement of Financial Activities 'hen the charity is legally entitled to the income and (he amount can be quantified with reasonable accuracy. Resources expended 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 headii)gs they have been allocated to activities on a basis COllSi5tent with the use of resources. Grants offered subject to conditions which have not been met at the yearend date are noted as a commitment but not accrued as expenditure. Investment property In'estment property 15 shown at most recent valuation. Any aggregate surplus or deficit arising from hanges in market value is transferred to a revaluation reserve. Fund aeeounting Unrestricted funds Can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted fund5 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. Page 9
UK MUSLIM FILM NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 05 April 2024 OTHER DEBTORS At 5.04.2024 At 5.04.2023 Other debtors Intercompany 3,372 9,200 3,372 TOTAL 12.572 3,372 DIL4WINGS: AMOUNTS FALLING DUE IVITHIN ONE YEAR At 5.04.2024 At 5.04.2023 Drawings 6,820 5,824 Reserve- continued A current year 12 months, surplus is as follows: Incomel(Deficit) for the year At 5.04.2024 At 5.04.2023 General thnd 21.293 6,734 TOTAL FULYDS 21,293 6,734 A current year 12 months included in the al)ove are as follows= Incoming resources Resources expended Movement in funds Unrestricted funds General fund 16,839 2,281) 14,559 TOTAL FUNDS 16,839 2,?81) 14,559 Page 10
UK MUSLIM FILM DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024 5.04 ?024 5.04.2023 ILNCOMING RESOURCES Voluntary income Donations 16,331 20,060 Other Income 508 3,567 Total incoming resources 16,839 23,627 RESOURCES EXPENDED Charitable activities Other direct costs Coniputer software, consumables and maintenance Professional Subscription Bank Charges Sundry expenses Printing, postage and stationery 550 921 10,382 2,739 60 342 62 1,894 760 269 61 480 Net income Thls page does not fomi part of the statutory financial statements Pagell