REGISTERED COMPANY NUMBER: CEOJ2680 (England and Wales) REGISTERED CHARITY NUMBER: 1176299 Report of the Trusteu and (JD2udited Financial Ststements for the Year Ended 31st March 2024 for Islington Faiths Forum Andrew Miller & Co The Mews Stratton Cleeve Cheltenham Road Cirencthrter Gloucestershire GL7 ItD
Jslington Faiths Forum Contents ofthe Financial Ststements for the Year Ended 31st March 2024 Report of the Trustees I to 4 Independent Examiner's Report Stalement of Financial Aetiviti&s Balance Sheet Notes to the Financial Statements 8 to E3 Detailed Statement of Financial Activiti 14
Islington Faiths Forum Report of the Trustees for the Year Ended 31st March 2024 The trustees who are also d1CtorS of 1¢ charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial RertIng Standard applicablc in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJEcfivES AND ACTIVITIES Objectives and aims IFF Charitable Objects: "The promotion of religious harniony for the Iefit of the publi- in Islington and the wider community by: (a) educating the public in differeTrt religious beliefs including an awareness of their distinctive features and their common ground to promote good relations between petsons of different faiths. (b) promoting knowledge and mutual understanding and respect of the IEliefs and practices of different religious faiths." Values: Respect" Peace and Courage. IFF Objectives: - To develop an extensive and tnclusive netwo of faith groups ID the Borough. - To support COtnTnunity dcvelopmcnL cohesion and safdy. - To provide representation and knowledge of faith communities to statutory and other agencies and to campaign and develop work on issues of importance for those communities. - Empower and support individual faith groups and smaller netwotks of faith groups to WO together and have a voice. Page I
Islington FaAths Forum Report of the Trustees for the Year Ended 31st March 2024 ORIEcfivES AND AcfiviTIES Significant activities IFF Activities: Leadership, joint working and delivery of community initiatives and communications to support response to local needs and priorities. - Wide ranging support to faith based organisations in Islington including tEpresentation of concerns and challenges to cross-sector local. regional and national Ix)dies' - tAdership of a conimunity safety project with cross-sector paTIlle for the Finsbury Park area including Blackstock Road - delivery of crucial parthership working on comEnunity safety. cohesion and health. - Regular meetings with interfaith members and community partners. - Ongoing work around community cohesion. cqualities and health. - Support for initiatives around hate crim4 community safety (re: tensions) and emergency planning: via the Islington Hate Crime Forum, the Islington Safer Neighlx)uthood Board and tslington Borough Resilience FonllnlLBI Emergency Planning. Delivery of: i) the Celebrdte Islington - Community Festival in Juty 2023 li) the Peace Cup Football Tournament in September 2023 and iii) the Youth Debate in November 2023 - all in parthetship with cross-sector organisations of faith and secular backgrounds for the benefit of people in Islington. Work around Women's & Children's Safety (re: street harassment) and the IFF led on a UNITE to end Violence Against Women & Girls Event in November 2023" - In October 202i, we beoan our neiy Bridging Divides Migrant Support Project, a consortium of delivery parthers with IFF as the Lead Accountable Body - funded by the City Bridge Foundation. We are grate1 to community partners for their level of interest to support this worK which has helped us as a consortium deliver some strong results. - Support for The Cost of Living Crisis Board and Tackling Povety Work (including food aid). - Design compctition with Islington school pupils for the Interfaith Calendar and prrxluction. Communications via different medI,platfOrn)s including our website and presentation of IFF work and of Islington faith groups at local, regional and national level. - Support for local community resilience with issues impacting on faith & wider communities, responding to the war in the Middle East through multi faith and c(Mnmunity dialogue and the organisation of a Peace Vigil. Ongoing interfaith dialogue around areas of commonality and difftrence, to include protected characteristics and intersectionality, with faith and cross-sector cornmunity parthers (EIG. Cripplegate Foundation, VCFS Advisory Board, LBI Community Partnerships Board). Remembrance Day, Islamophobia Awareness Month, the Holocaust Memotial Day and other days where significant memorial events are marked (in-person and online). Public benefit The Trustees confim) that due regard has been given to the Charity Commission's guidanc£ on public benefit and in particular confirn) that the IFF provides public benefit for the advancement of education and the prornotion of hartnony, knowledge. mutual understanding and respecL
Islington Faiths Forurn Report of the Trnstees for the Year Ended 31 st Mareh 2024 ACHIEVEMENT AND PERFORMANCE CharAtable activities The work of the IFF has continued to grow as we have been asked to contribute more to local needs and priorities. Further to the IFF Activities listed alx)ve, 'ongible outputs and outcomes this year were: Networking Events together with cross-sector community pathers on topics such as Cost of Living Crisis, Ene Efficiency for Faith & Community Buildings. Wellbeing of Staff & Volunteers and Maximising the impact of faith & community groups providing food support An Islingt(x). 400 full-colour interfaith calendars with inspired artwod( (from school pupils) were produced and distributed to schools. community and children's ntre* cross-sector comrnunity parthets and fattb gmups in March 2024 with the title: "One PlaneL one People. one Future." The Celebrate Islington Community Festival was held in July 2023 at the Islington Assembly Hall with c 250 attendees, supported by many cro&8-sector organisations. The Peace Cup Football Tournament went ahead in September 2023 and engaged over 100 young people. whilst d ryioe of community support services were delivered in tandem throughout the day. The Youth Debate w&s delivered in t[SOn this year and the young panellists explored the many aspects of a theme they had chosen "CLIMATE CHANGE.. Perspectives from different Faiths & Beliefs?11 Our great thanks to Islington Youth CounciL Copenhagen Youth Project and the many different faith sites who supported this event. All the young people shared some eat perspectives. The video of the 2023 Youth Debate is FK)sted on our website: https:Ilwww.islingtonfaithsforum.org.ukJFI105 FINANCIAL REVIEW Financial position Funds carried forward at ? l March 2024 totalled £37,886 (£26,172 Restricted. £11,714 Unrestricted). Principal funding sources Funds weL" secured through the 151ington Council VCS Grants Progrdmme (core fimding) and the City Bridge Foundation. Other grants were secured from LBI Community Safety, the Arsenal Foundation, LBI LIF, LBI Equality Events. LBI VA WG and LBI Target Youth SUprt. Ckn great thanks to all funders and supporters. Reserves policy It is the charity's policy to maintain sufficient fwids to cover operating expenses for a FKriod of at least 6 months (minimum commitment of the VC,S Grants Programme). FUTURE PLANS In addition to our core activities. we are planning for another large Community Festival in the summer 2025 with our community partners. Our community, safety work in ttie Blackst(Kk Roa(VFinsbury PaTk area remains an essential project that includes a community, holistic resp)llse to growing local community safety concerns as well &s our Bridllg Divides Migrant Support Project. STRUCTURE, GOVERNAIICE AND MANAGEMEIYT Governing document The charity is controlleA o). its govenring documen( a deed of tn( and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Charity constitution The IFF was led b), a board of 10 Trustees (in total) durino 2023r24. IFF follows the Foundation model constitution for Charitable Incorporated Organisations set out by the Charity Commission. CIO status was confirnied on 15th December 2017. Our reporting period starts on 1st April 2023 to end Mah 2024. Management duties were carried out by th.e IFF Director. Rosalind Miller, who rq)orts to the trustees. REFERENCE AND ADMANISTRATIVE DETAILS Registered Company number CEO12680 (England and Wales) Page 3
vu Report of the Trustees for the Year Ended 31st March 2024 Registered Charity number 1176299 Registered office 49 City Road London ECIY IAU Trustees M Bhuiyan - Vice Chair E Chappell - Chair T Kacimi M Kozbar Revd. J Potter Mrs T Rajan Revd. S Cooper Rev. T Merchant Pastor T Odejide Rabbi. R Tabick (resigned 311812024) Company Secretary tndependent Examiner Andrew Miller & Co The Mews Stratton Cleeve ChelteDham Road Cirencester Gloucestershire GL7 2JD I bl)Ll aD2Ly Approved by order of the board of trustees on............................................. and signed on its behalf by: E Chappell - Chair- Trustee P?<re 4
Independent Examiner's Report to the Trustees of Islington Faiths Forum Independent examiner's report to the trustees of1s1ington Faiths Forum Cthe Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 st March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purp of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 Cthe 2006 ACV). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in res of my eKqmination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carryin. (v out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 ACL Independent examiner's statement I have completed my examination. I c(xifrm that llo matters have corne to my attention in connection with the examination giving me cause lo believe". accounting record5 were not kept in pect of the Company &s required by Section 386 of the 2006 Act" or the accounts do not accord with those records" or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts gtvc a Irue and fair vÈew which is not a rnatter considered &s part of an independent examination" or the accounts have not been Prepa in accordance with the methods and principles of the Statement of Recommended Practice for accounting and porting by charities (applicable to charities preparing their accounts in accordance with the Financial Rerting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drnwn in this report in order to enable a proper understanding of the a¢¢ts to be reached. J D Frost Andrew Miller & Co The Mews Stratton Cleeve Cheltenham Road Cirencester Gloucestershire GL7 2JD Date: ..... Page 5
Islington Faiths Forum Statement of Financial Activities for the Year Ended 31st March 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities LBI VCS Peace rfaith Youth Debate Community Festival Blackstock Rd Community Safety Violence Against Wornen & Girls CBF Migrant Support 30,(MX) 4220 500 8.796 30,OIXI 4,220 500 8,796 9,300 500 46,109 30,0(K) 3.568 9J78 500 46.109 Other income Total 99.426 99.435 42,947 EXPENDITURE ON Raising funds 14 14 Charitable activities LBIVCS Peace Interfaith Youth Debate General Community Festival Blackstock Rd Community Safety Violence Against Women & Girls Hyperlocal Covid Projert CBF Migrant Support 29,405 4,090 29.405 4,090 404 35 8,784 8,967 500 23,928 3,465 1,187 35 35 8.784 8.967 5(X) 9.798 2,149 12,000 30,694 30.694 Total 35 82,858 82.893 52,562 NET INCOMEI(EXPENDITURE) Transfers between funds (26) 885 16.568 (885) 16,542 (9.615) Net movement in funds 859 15.683 16.542 (9,615) RECONCILIATION OF FUNDS Total funds brought forward 10.855 10.489 21J44 30,959 TOTAL FUNDS CARRIED FORWARD 11.714 26,172 37.886 21,344 The notes fonn part of these financial statements Page 6
Idington Faiths Tronun Balance Sheet 31st Mareh 2024 2024 Total funds 2023 Total funds UnrestrACted fund Restricted fid$ l¥lotes CURIIEIYT ASSETS Cash at bank 4,108 44J73 48.481 29.105 CREDITORS Amoullts falling due within one year (18201) (10,595) (7.761) NET CURRENT ASSETS 11,714 26.172 37,886 21,344 TOTAL ASSETS LESS CURRENT LIABILITIES 11,714 26.172 37,886 21.344 NET ASSETS 11.714 26,172 37.886 21.344 FUNDS Unrestricted funds Restricted funds 11.714 26,172 10.855 10.489 TOTAL FUNDS 37.886 21.344 Thc charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024. The membffl3 have not required the company to obtain an audit of its fjnancial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2[6. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and prq)aring fjnancial statements which give a tnie and fair view of the statr of affairs of the charitsble company as at the end of each financial year and of its surp1$ or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and wbich othenvise comply with the requArnents of the Companies Act 2CK)6 relating to financial statements. so far as app]icable to tbe cbaritable coll4wiy. (b) These fjnancial statements have becTr prepared in accordance with the provisions applicable to charttsblc companies subject to the small companies regime. The financial statements were approved by the Board of Truste and authoIiseAI for issu IL ILLI.2LzL¥ and were signed on its b]f by. rt F4J ~/ftQ E Chappell - Chair- Trustee The notes forn] part of these financial statements .
Islington Faiths Forum Notes to the Financial Statements for the Year Ended 31st March 2024 ACCOUNTING POLICIES Basis of preparing the financial ststements The financial statements of the charitable company, 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 l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fll]ancial statements have been pryared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fund4 it is probable that the income will be received and the amount can be measured reliabty. 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 tssfer of economic IKnefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accnlS basis and has been classified under headinJLI that aggregate all cost relat 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. Grdnts offered subject to conditions which have not been met at the year end date are noted as a commiknent but not accTued &s expenditure. Taxation The charity is exempt frorn corwation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charttable objectives at the discretion of the trustees. Restricted fimds 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 rdised for particular restricted purposes. Further explanation of the nature and PUryKW of each fund is included in the notes to the fu]ancial statements. Donated g($ The value of services providcd by different volunteers is hard to quantify accurately so has not been included i these accounts. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefrts the year end 31 st March 2024 nor for the year ended 3 1st March 2023. TrllSte' expenses 2024 2023 Trustees, expenses 14
Islington Faiths Forum Notes to the Financial Statements - eontinued for the Year Ended 31 st March 2024 STAFF COSTS There were no employees during this accounting perioQ however, the Director, as a key management personnel works on a flexible contract basis to reflect the varying needs of the TFF. The total amount paid during the period was £42,943 (2023:£36.084). 2023 COMPARATIVES FOR THE ATEME] OF FINANCIAL AcfiviTIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWhlENTS FROM Donations and legacies Charitable activitiQ8 LBI VCS Peace Blackstock Rd Community Safety 30,000 3,568 9,378 30,000 3.568 9,378 Total 42,947 42,947 EXPENDITURE ON Charitable activities LBI VCS Peace Interfaith Youth Debate General Blackstock Rd C-mmunity Safety Violence Against Women & Girls Hyperl(xal Covid Project 23,928 3,465 1,187 23.928 3,465 1,187 35 9,798 2,149 12,000 35 9,798 2.149 12,000 Total 35 52.527 52,562 NET INCOMEI(EXPENDITURE) Transfers between funds (35) lo,5 (9.580) (10.005) (9,615) Net movement in funds 9,970 (19,585) (9,615) RECONCILIATION OF FUNDS Total fvnds brought forward 885 30,074 30,959 TOTAL FUNDS CARRIED FORWARD 10,855 10,489 21.344 Page 9
Islington Faiths Forum Notes to the Financial Statements - tfjntinued for the Year Ended 31st March 2024 VOLUNTEERS AII IFF Trustees and Board niembers are volunteers and play an active role in supporting all IFF Activities (listed in Trustees Report). FurtheT volunteers from different faith and community sites in Islington along with sorne members from Islington Council also suptK)rt IFF Activities. The IFF is most grateful for all this voluntary support and inspired input which trnly enhances our ability to reach diveTse sections of the community in the Borough. INDEPENDENT EXAMINATION The cost of the Independent Examination this year was £9 (2023: £91K)). CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Acctued expenses 10.595 7,761 MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3113r24 At 114ll3 Unrestricted funds Generdl fund 10,855 (26) 885 11,714 Restricted funds LBI VCS Peace Month Interfaith Youth Debate Community Festival Blackstock Rd Community Safety CBF Immigration Support Project 581 130 97 12 333 15,415 (646) (130) (97) (12) (65) 10,489 10,822 15,415 10.489 16,568 (885) 26,172 TOTAL FUNDS 21,344 16.542 37,886
Islington Faiths Forum Notes to the Financial Ststements- continued for the Year Ended 31st March 2024 MOVE.MENT IN FUNDS - eontinued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Geneial fund (35) (26) Rutrieted funds LBI VCS Peace Month Snterfaith Youth Debate Community Festival Blackstock Rd Coinmunity Safety Violence against Women & Girls CBF Immigrdtion Support Project 30,000 4,220 501 8.796 (29,419) (4,090) (404) (8,784) (8,967) (500) (30,694) 581 130 12 333 5(M) 46,109 15.415 99,426 (82,858) 16,568 TOTAL FUNDS 99.435 (82.893) 16,542 Comparatives for movement in funds Net movement in funds Transfers between funds At 3113r23 At 114122 Unrestricted funds General fimd 885 (35) 10.005 10,855 Restricted funds LBI VCS Peace Month Interfaith Youth Debate Blackstock Rd Community Safety Violence against Women & Girls Hyperlocal Covid Project 4,122 6.072 103 (559) (1.047) (2,149) (12,000) (10,194) (103) 548 11 11.536 2,405 110(K) 10,489 (256) 30,074 (9,580) (10,(K)5) 10,489 TOTAL FUNDS 30,959 (9,015) 21,344 Pagell
Islington Faiths Forum Notes to the Financial Statements - continued for the Year Ended 31st March 2024 MOVEMENT IN FUNDS - continued Comparative net movement in fun(ts, included in the above &s follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund (35) (35) Restricted funds LBI VCS Peace Month Interfaith Youth Debate Blackstock Rd Community Safety Violence against w.omen & Girls Hyperlocal Covid Project 30.0(KI 3,568 628 8,751 (23,928) (3,465) (l.187) (9.798) (2,149) (12,000) 6.072 103 (559) (1,047) (2.149) (12.000) 42.947 (52,527) (9.580) TOTAL FUNDS 42.947 (52,562) (9,615) A current year 12 months and prior year 12 months Combin position is as follows: Net movement in funds Transfers between funds At 3113r24 At 114f22 Unrestricted funds General fund 885 (61) 10,890 11,714 Restricted funds LBI VCS Peace Month Interfaith Youth Debate Community Festival Blackstock Rd Commiinity Safety Violence against Il'omen & Girls Hyperlocal Covid Project CBF Immigration Support Project 4.122 6.653 233 (462) 12 (714) {2:149) (12,OCK)) 15.415 (10,840) (233) 451 (12) (65) 11,536 2,405 12,0(X) 10,822 (256) 15.415 30,074 6,988 (10.890) 26,172 TOTAL FUNDS 30,959 6,927 37,886 Page 12
Islington Faith5 Forum Note5 to the Financial Statements - continued for the Year Ended 31st March 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources expended Movement in funds Unrestricted funds General nd {70) (61) Restricted funds LBI VCS Peace Month Interfaith Youth Debate Community Festival Blackstock Rd Community Safety Violence against Women & Girls Hyperlocal Covid Project CBF Immigrdtion Support Project (53,347) (7.555) (1,591) (8,784) (18,765) (2.649) (12.000) (30,694) 6,653 233 (462) 12 (714) (2.149) (12.0} 15.415 7.788 1.129 8.796 18.051 500 46,109 142.373 (135,385) 6.988 TOTAL FUNDS 142.382 (135.455) 6,927 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 3 1st March 2024. Page 13
Islington Faiths Forum Detailed Statement of Financial Activiti for the Yeai. Ended 31st March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Gts Charitable aetivities Grants Donated services 96,731 2,694 42.946 99.425 42,946 Other income Other income Total incoming resources 99.435 42,947 EXPENDITURE Other trading activities Trustees, expenses 14 Charitsble activities Insurance Postage and stationery Publicity Sundries Project management OtTice costs IFF calender Refreshments IFF website Trdvel Event costs Grants to institutions 332 321 22 834 35 38,690 4.467 1,607 35 32,359 3,502 1,590 50 161 340 4,982 513 583 9,057 25.789 81.914 51.662 Support costs Governance costs Accountancy and legal fees 965 900 Total resources expended 82,893 52,562 Net incomel(expenditure) 16.542 (9.615) This page does not forni part of the statutory fmancia] statements Page 14