OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Trustees Report

The Oxford Initiative for British Islam (OIBI) had a productive year for 2022. Although its relative novelty and lack of adequate funding has constrained expected progress, its formal launch (that had been delayed by Covid for two years), eventually took place. It was a great relief that when pandemic restrictions were eventually lifted, OIBI activity could slowly return to some semblance of anticipated normality. Three main events pre-occupied OIBI in 2022. First, in May, the OIBI was publicly introduced at St Peter’s College, Oxford University with a wide-range of Muslim and nonMuslims participating. In addition to those attending in person, this inaugural event was also livestreamed with participants from Britain and all over the world also logging in. Then, in August, OIBI convened its first major academic conference on the subject of Why British Islam? at St John’s College, Oxford University. This scholarly gathering attracted a diverse range of interested academics, intellectuals and activists from around the United Kingdom as well as abroad. They all engaged on the necessity or otherwise of an indigenous-based British Islam for Muslims living in Britain. This three-day conference featured around two dozen inter-related panels and associated workshops with distinguished speakers presenting well-researched papers on a broad range of subjects including theology, politics, religion, education, sociology and philosophy, with special reference to Islam in Britain. The third main activity of OIBI was in November 2022 with the formal launch of its first publication at St Anne’s College, Oxford University. This volume is an edited collection of papers and contributions submitted at OIBI’s first annual conference. Professor Steven Greer and Dr Taj Hargey served as editors for this publication that was well-received by the general public and specialists in the field. It is anticipated that all future annual OIBI conferences will produce similarly high-quality publications that promote the principal mission of advancing a truly British and integrated Islam in the UK. Aside from these three public functions, OIBI is regularly asked by the print and broadcast media to comment on Muslims and Islam in Britain. Dr Hargey has written articles regarding the public perceptions of the faith and its followers in several mainstream newspapers and has also been interviewed on numerous occasions on radio and television. Despite its small base, this public visibility has helped OIBI to punch above its weight. Most of the OIBI income is generated through membership fees and from individual donations. This limited revenue has thus far funded the public events hosted by the OIBI but is clearly not sufficient. So, a concerted effort has to be made to secure the additional resources that will be needed in the future to expand OIBI’s operational remit and scholarly presence.

Dr Taj Harge

Receipts and Payments Accounts

The Oxford Iniative for British Islam

2nd Floor, 65 Banbury Road, Oxford, OX2 6PE

Charity reg: 1179049

Year Ended 31 December 2022

Independent Examiner's Report on the Receipts and Payments Accounts

Report to the members of The Oxford Initiative for British Islam on the Receipts and Payments Accounts for the year ended 31 December 2022 set out on pages 2 and 3

Charity reg. 1179049

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees 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 under the 1993 Act.

It is my responsibility to;

● examine the accounts under section 43 of the 1993 Act ● to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and ● to state whether particular 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 Commission. 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 no opinion is given as to whether the accounts present a true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in, any material respect, the requirements: ● to keep accounting records in accordance with section 41 of the 1993 Act; and ● to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Bergen Associates (Chartered Certified Accountants) Dated 68 Carden Place Aberdeen Scotland AB10 1UL

The Oxford Inititative for Brtiish Islam
Receipts and Payments Accounts
Year Ended 31 December 2022
Unrestricted Funds
Receipts
Grants
Donations and other gifts from Trustees
Income tax refunds
Interest received
Total receipts
Payments
Missions and other donations
Propert rent, insurance, water and heating
Repairs and maintenance
Professional fees
Stationery and sundries
Telephone
Total payments
Net receipts/(payments)
Cash funds last year end
Cash funds this year end
Statement of Assets and Liabilities at the end of the period
Cash funds at bank and in hand
2022
£
-
12,964.01
-
-
12,964.01
-
13,500.00
9,693.80
600
374.4
40
24,208.20
-11,244.19
12,128.91
884.72
884.72

Bergen Associates Dated Chartered Certified Accountants

The Oxford Inititative for Brtiish Islam

Detailed Receipts and Payments Accounts

Year Ended 31 December 2022

Receipts
£
Donations from Trustees 10,964.01
Gilf aid offerings -
Missionary and other offerings -
Loan from Dr Hargey 2,000.00

Deficit for the Year 12,964.01

Bergen Associates Chartered Certified Accountants

Payments

Trustee's net salary
Trustee's tax & NI
Trustee's Expenses
Bank Charges
Motor vehicles Expenses
Postage
Stationery
Staff Expenses
Charity other expenses
Property Insurance
Rent and Water Rates
Heating and Lighting
Repairs and renewals
Telephone
Travelling
Accountancy Fees
Loan Repayment Dr Hargey
Surplus for the Year
Balances at 31 December 2022
Bank Current Account
Other Bank Account
Cash in Hand
£
-
-
-
374.4
-
-
-
13,500.00
-
9,693.80
40
-
600
24,208.20
884.72
-
-
884.72

Dated