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 2023
Trnsieès Report The Oxford Inltiaiive tor Brrtish Isl8m101811 had a productive year lor 2023. Although its Tel•tlve novelty 8nd 18¢k ol adequate fUlIng ha$ eonstralned expected proRres$. its formal launch Ithal had been delayed by Cowd tor two yearal. eventually took place. It was a 4reat relief that when pandemic restrictions were eventu8liy kn"fted. OIBI 8ctivlty could SICY fetufn to Sorne semblance of arrticip8ted normality. Three m8in events pre- ¢upi¢d 0181 in 2023. First. in May. the 0181 w4¥ publicly introduced at St Peter, CoUeq¢. Oxford Unfj¥r$ity with • wid¢-range ol Mu$kn"m •nd non Mu$lims participatln¢. In addltlon 10 ihoso &llendln8 In p•rson. thi• Inauqurnl alnI w•s 8180 Il¥eiroamad wlth panlcipants from Brit8ln and all o¥ei the t411 also logglng In. Then. In Augusi. 0181 convened it$ fir81 m8lor acadomlc ¢onftren¢• on tho $ublt¢i of Vlhy 8rili$h l$14m? at St John's College. Oxtord UnNer#ity. Thts schoithrty grther1 attrncted a range ol Interested academlcs. Intellectuaisand •r¥I$l30M aroundlhe United Klredom as weil •s abroad. Theyau engaged on ihe nece8sityor otherwise of an Indigenous-based 8ritish Islam lor Musbrns liwng in Britain. Thi5 thre¢-dgy ¢gnteren¢e leatured around two dozen Int•r-r•lai•d panels •nd ossoci8t•d wofkshops th distinquish•d $wak•rs prttsentin8 w•U-r•8•arch•d Par on a brId Mnq• ol wbi.ttis In¢ludlnqth•aiogy. pcliiies, rnllqbon. ducatlon. soclolo8y bnd philosophy. wllh specl&l releience to Islam In 8riialn. The thlfd m•ln 8Ctivity of OIBI VA8 in Nv49rnr 2023 with Ihe lorm•l l•un¢h ol ils Ilr$i public•ii •l St Anne's College, Oxford Unfftr#ity. Thi# %UMe l an •dited collection ol papers and coMrtbullon8 submitted ts10181's flrsi 8nMal contefence. profe01 sie¥n Greer and Df Taj Hargey served as ediiors lor ihi$ publication ih81 w8s well-received by the 8ener•l public and 8pecLqlists in the field. 11 is antldpated Ihat 811 luture &nnu&l OIBI conference8 will produ¢• $4milarly hi8h-quakn.ty publicAtion that promote the prin¢ip#l mi$ion of •dv8nclng 8 truly 8rlllsh and IrrtoerÈiod l$iam In tho UK. Atyld• trom tho8• ihr•• pubU¢ functlons. 0181 Is regulorly a8ked ty the prlnt and bio•dca8t madlo to comment on Mu8llm8 •nd 18l•m in Brit8in. Dr H8ra•y h•$ written 8rt1¢1o8 rR8rOlng th• publ1¢ peretptlons ol th•lalth and iiJ loll¢Mer# in I¢ra1 m8inJirèam n•wJpAp•r• 8nd h•s also been intemewed on nthnerous occasi0fi8 on rndio and ielevlslon. Despite lis small base, tttig public visibility has liped 018110 punch 8bM lis weight. Most of the 0181 income Is generated through mernbership f¢0¥ and Irom iTrJr¥iOual donation$. This MIted rvenue has thus far tuThJed the publi¢ •vent* ted the OIBI but is el•8riy not Suff icl•ni. So. 8 ¢on¢•rt•d •ffort ha8 io b• mad• io W¢Um ih• addiiional r•$ources that WIU be needed In the future toexpand OIBI'• operntloml remlt and gcholarty Pfewico. DrTal Hargey
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 2023 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 2023 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 Bergen Associates Chartered Certified Accountants |
2023 £ - 17,023.12 - - |
|---|---|
| 17,023.12 | |
| - 2,500.00 13,130.00 337.5 369 |
|
| 16,336.50 | |
| 686.62 884.72 1,571.34 |
|
| 1,571.34 | |
| Dated |
The Oxford Inititative for Brtiish Islam
Detailed Receipts and Payments Accounts
Year Ended 31 December 2023
Receipts
Payments
| Donations from Trustees Gilf aid offerings Missionary and other offerings Loan from Dr Hargey Deficit for the Year |
£ 11,888.12 Trustee's net salary - Trustee's tax & NI - Trustee's Expenses 5,135.00 Safeguarding fees Motor vehicles Expenses 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 17,023.12 Balances at 31 December 2023 Bank Current Account Other Bank Account Cash in Hand |
£ - - - - - 364 - 5 - 2,500.00 - 12,480.00 - 337.5 650 686.62 |
|---|---|---|
| 17,023.12 | ||
| 1,571.34 - - |
||
| 1,571.34 |
Dated
Bergen Associates Chartered Certified Accountants