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2020-12-31-accounts

Trustees’ Annual Report for the period

From: 1st January, 2020 - period start date To: 31[st] December, 2020 - period end date

Charity name: Muhyiddin Ibn Arabi Society CIO

Charity registration number: 1179324

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The advancement of education for the
public benefit by promoting, sustaining
and increasing individual and collective
knowledge of the works and ideals of
Muhyiddin Ibn Arabi (1165-1240 CE), and
those people who have perpetuated
them, by such means as the trustees
think fit, but including study, research,
publication, translation and
communication of his written works.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 The Society’s 2-day symposium,
planned for May 2020 in London, had to
be cancelled due to the pandemic.
The society launched a series of online
talks entitled ‘Ibn Arabi and the
Geometry of Reality. These were held
fortnightly from May to December, 2020.
The Society appointed an Educational
Director to specifically develop this
aspect of the Society’s activities.
The Society launched an education
programme. The 2020 programme,
commencing in May, comprised 2
courses of 10 weeks duration and 1
course of 7 weeks.
The Society’s Senior Research Fellows
took part in a number of radio interviews
with a view to promoting knowledge of
Ibn Arabi. They also gave presentations
to online events hosted in Australia and
for the Spanish-speaking world (Spain,
Italy, Portugal and South America).
The Society appointed a Public
Relations and Outreach coordinator to
develop relations, cultivate contacts and
promote dialogue about Ibn Arabi in
existing and new environments.
The Society continued to help fund the
on- going work of translating Ibn Arabi’s
Futuhat al- Makkiyyah.
Organised the sale of publications
(books and sets of journals).
Completed a major re-design of the
Society’s website making it more user-
friendly.
The period saw the publication of
Volumes 67 and 68 of the Society’s
journal.
2 trustees completed training organised
by the National Council for Voluntary
Organisations (NCVO) covering the
following:
Session 1: Role and responsibilities of
trustees
Session 2: Achieving good governance
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The Society has considered the
Commission’s guidance on public
benefit, specifically that concerning the
advancement of education.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 During the 2020 pandemic the Society’s
series of online talks reached a world-
wide audience. This online presence
enabled us to involve an audience far
larger than in the past, particularly
during the ‘questions and answers’
which followed each talk.
Feedback indicates that this series
made a significant and positive
difference to our supporters during a
challenging year.
The Society’s education programme has
sought to introduce Ibn Arabi to those
less familiar with his work and ideas.
Under the guidance of our newly
appointed Director of Education, the
courses have developed new ways of
studying Ibn Arabi, such as through
hermeneutics and creative participation.
The courses have provided a forum for
in-depth discussion and the exchange of
ideas whereby students are able to
develop their understanding of Ibn Arabi
in a supportive and guided environment.
Videos and podcasts have continued to
play an important part in the Society’s
outreach. All the online talks were
recorded and posted on the Society’s
YouTube channel, where they have been
viewed by large numbers, thus
extending the audience for the talks
even further.
The period has seen a significant
increase in membership.
The Society’s journal became peer-
reviewed, with the intention of extending
its reach among contributors, academic
institutions and the public in general.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Review of the charity’s
financial position at the end
of the period		 Para 1.21 Total receipts in 2020 amounted to
£42,900. Of this, £23,302 consisted of
donations received for specific
purposes (called Restricted funds),
which may only be spent for those
purposes. Its general (Unrestricted)
income was £19,599 and total
expenditure was £19,139 so its
Unrestricted funds were £460 greater at
the end of 2020 than they had been at
the end of 2019.
The Society had no financial debt. Its
main financial commitments, such as
production of the Journal for
subscribers, do not extend beyond one
year, and are covered by its Unrestricted
funds.
Its accounts for the 12 months of 2020
represent the second accounting period
for the Society as a CIO. The first
accounting period covered nearly 18
months, and included the one-off
transfer of funds from the
unincorporated Society. These two
factors mean that comparisons between
the two periods are not straightforward.
But overall its income and expenditure
in 2020 (apart from donations) was in
line with 2019, although there was some
adaptation of its activities in response
to the Covid-19 pandemic, such as the
replacement of the planned symposium
in London with a series of online events.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The Society’s cash assets are divided
into Unrestricted funds of £26,735
(which can be spent on the Society’s
general activities, such as producing the
Journal and running events) and
Restricted funds of £51,980 (donated for
specific purposes, such as the
Manuscript Archive project, which may
only be spent for those purposes).
Amount of reserves held Para 1.22 At the end of 2020 the Society had total
cash assets of £78,715 and no debt. Its
total assets increased by £16,568 over
the year.
Reasons for holding zero
reserves		 Para 1.22 Not applicable.
Details of fund materially in
deficit		 Para 1.24 No fund is in deficit.
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 Not applicable.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 The Society’s principal sources of funds
were Membership subscriptions (£7,307)
and the sale of Journals (£4,797) and
Books (£3,355), Online events and
courses (£3,163) and general Donations
(£938).
In 2020 the Society received donations
of £23,302 given for specific purposes
(called Restricted funds). Money is
transferred to Unrestricted funds when
payments on projects covered by the
Restricted funds are required, and
becomes part of the Society’s regular
expenditure. The total spent from
Restricted funds in 2020 was £7,194.
The income from donations is
unpredictable.
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 The Society’s cash assets are all held in
Bank accounts and at this level are are
covered against failure of the bank by
the current Financial Services
Compensation Scheme (up to £85,000).
A description of the principal Para 1.46 This is a time of potentially unstable
economic conditions in the United
Kingdom and beyond. This could impact
risks facing the charity the Society’s income from Membership
and sale of Journals.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO – Foundation formed on 25 July
2018
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Election of trustees is by a resolution
passed at a properly convened meeting
of the charity trustees, as detailed in the
Society’s Constitution, clauses: 9; 10; 12
and 13.

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 The following policies, which comply
with Gov.UK guidance for charities, have
been written and ratified by the Board:
Finance, Complaints, Conflict of Interest,
Risk Management, GDPR, Safeguarding
and Volunteers.
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any
related parties		 Para 1.51
Other

Reference and Administrative details

Charity name Muhyiddin Ibn Arabi Society CIO
Other name the charity uses
Registered charity number 1179324
Charity’s principal address P O Box 892
Oxford
OX2 7XL

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for
whole year
L D Barratt Appointed 25 July
2018
J Carroll 25 July 2018 –
28thOctober 2020
M E Cass Appointed 25 July
2018
G Collins Appointed 25 July
2018
M Notcutt Appointed 25 July
2018
C Twinch Appointed 25 July
2018
R W Twinch Appointed 25 July
2018

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of

advisers (Optional information)

Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

DeclaTh2tions they have approved the trustees. report above. Slgned on behalf of the oharlty's trustees Slgnaturn(s) Full name(s) LLW Diana Barratt Postllon (og Secretary, Chalr, Truslee 1+ 0* 2DLI

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
On accounts for the
period
Set out on pages
Responsibilities and
basis of report
Independent
examiner's statement		 Muhyiddin Ibn Arabi Society CIO Muhyiddin Ibn Arabi Society CIO Muhyiddin Ibn Arabi Society CIO
Year ended 31 December 2020 Charity no 1179324
Attached Receipts and Payments accounts
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2020.
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 Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I am qualified to undertake the examination by being a qualified member of
ICAEW_._
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
Signed:
Name:
Relevant professional
qualification(s) or body
Address:		 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 accounts to be reached.
Date:
14/06/2021		 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 accounts to be reached.
Date:
14/06/2021
14/06/2021
B K Silva,
ACA (Chartered Accountant)
MHA MacIntyre Hudson, Abbey Place, 24-28 Easton Street, High Wycombe,
HP11 1NT

1

Oct 2018

IER

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No (if any)
Muhylddin Ibn ArabI Society ClO No . 1179324
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/20 31/12/20
Section A Receipts and payments
Unrestricted Restricted Endowment Last year
Total funds
funds funds funds (18 months)
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donated from unincorporated Society - - - - 29,843
Donations 938 23,302 - 24,240 42,553
Subscriptions 7,307 - - 7,307 6,843
Journal 4,797 - - 4,797 4,844
Books 3,355 - - 3,355 3,091
Interest 39 - - 39 82
Symposium - - - - 4,751
Online events 1,783 - - 1,783 -
Courses 1,380 - - 1,380 -
Sub total (Gross income for
19,599 23,302 - 42,900 92,007
AR)
A2 Asset and investment sales,
(see table).
- - - - -
- - - - -
Sub total - - - - -
Total receipts 19,599 23,302 - 42,900 92,007
A3 Payments
Symposium 435 - - 435 5,818
Journal 9,229 - - 9,229 7,289
Online events 702 - - 702 -
Courses 968 - - 968 -
Archive Project - 820 - 820 4,326
Junior Research Fellowship Fund - - - - 210
Scholarly Grants 1,050 1,302 - 2,352 2,264
Website 100 4,827 - 4,927 2,922
Books 2,107 - - 2,107 1,996
Library 16 - - 16 197
Accounting & Insurance 2,161 - - 2,161 1,358
Bank charges 519 245 - 765 715
Recoverable payment 89 - - 89 -
Office, postage, internet 1,762 - - 1,762 2,765
Sub total [ 19,139 ] 7,194 - 26,333 29,860
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - 0
Total payments 19,139 7,194 - 26,333 29,860
Net of receipts/(payments) 460 16,108 - 16,568 62,147
A5 Transfers between funds - - - - 0
A6 Cash funds last year end 26,275 35,872 - 62,147 0
Cash funds this year end 26,735 51,980 - 78,715 62,147
----- End of picture text -----

CCXX R0 accounts (SS)

10/03/2021

0

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