Milton Keynes Islamic Arts, Heritage &Culture Trustees Annual Report Year ended 30[th] August 2023
The trustees present their report and the unaudited financial statements of the charity for the year ended 30[th] August 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
MK IAC: Charitable Incorporated Organisation (CIO)
Charity Number: 1183548 Principal Office: Chaffron Way Campus, Leadenhall, Milton Keynes, MK6 5LP Trustees at 5/4/20 Georgette Child (Chair) Paula Ballard (Treasurer) Ansar Hussein Rachel Sindy Hayton Moriah Priestley Amy Zamarripa Solis Anouar.Kassim
Bank: Natwest Bank, 501 Silbury Blvd, Milton Keynes MK9 3ER
Welcome to MKIAC
Milton Keynes Islamic Arts & Culture projects energise diversity in arts and heritage.
Our mission is to create opportunities, stimulate participant, community engage and provide a focal point for the development and celebration of diversity through arts, culture and heritage activity.
STRUCTURE, GOVERNANCE, MANAGEMENT AND FINANCE
The MKIAC is a Charitable Incorporated Organisation (CIO), It is governed by its constitution dated July 2019, with an amendment February 2020.
A full list of the trustees is provided above. The maximum number of trustees is 7 and the minimum 3.
Trustees are recruited through an open call, MKIAC contacts and membership; their appointment is confirmed at the Annual General Meeting.
Trustees met four times in a year for 2022/23: 28 September 2022, 23 Nov 2022; 22 Feb 2023; and for AGM on August 2023.
Staff
Our thanks go to Adele Newman, freelance Programme Manager for MKIAC arts & culture and her long commitment to the development of MKIAC online Art in Isolation cultural partnership. We are still in process of securing a full time Programme manager and seeking funding to support on-going opportunities and operational capacity.
Charity No: 1183548 Company Number 8652500 Chaffron Way Campus,MK6 5LP www.mkiac.org
Financial
Independent Examiner: ACE Accounts Akshay Shah BSc (Hons), FCCA, Chartered Certified Accountant 2 Whittle Court | Knowlhill | Milton Keynes | MK5 8FT
- Commentary from Paula Ballard Treasurer to end of year accounts on separate pdf
22/23 grant income to support MKIAC and its development. We are Culture ERS recovery and City of Code & Light Festival. As is common in small organisations, long term sustainability is always an issue. The high level of projects in progression give us the time needed to work on securing further funding for our work streams during 2023 and to be able to retain our Programme manager for the year
The trustees continue to monitor the reserves policy.
Risk
The Board of Trustees review the areas of risk that may affect the organisation and its programmes and projects, and this is integral to our business planning.
The Objectives of MKIAC are:
To promote inclusively Islamic arts, heritage and culture for the benefit of the public in Milton Keynes, in particular, but not exclusively, by supporting and representing the arts and heritage sector through promotion, representation and development and by working in partnership with other like-minded organisations to achieve joint goals that further the charitable purposes .
MKIAC champions the rich Islamic Arts heritage and culture creative future of Milton Keynes. MKIAC is also the lead on Inclusive and diversity with programme developing and this is reflected at out Art in the Park Festival, with its vision to work together to nourish and support the creative skills and cultural wellbeing of Milton Keynes children and young people. This is part of a national movement of Cultural Education Partnerships to deliver creative thinking and experience at the heart of education.
The Charity Commission's guidance on public benefit is at the forefront of our work (section 17 of the Charity Act 2011). The trustees comply with their duty to have due regard to the charity commission’s public benefit guidance when exercising powers or duties to which the guidance is relevant.
Charity No: 1183548 Company Number 8652500 Chaffron Way Campus,MK6 5LP www.mkiac.org
Vision, Mission and Values
Vision: Milton Keynes as an international cultural destination
Mission: As the unified, independent voice for Milton Keynes culture, MKIAC is a cultural leader and pioneering, place-making partnership . We work collaboratively and strategically through our partners to position culture as a catalyst for Milton Keynes to be an outstanding and inspiring place to live, work and visit.
Values
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Creative: perceiving the world in new ways, imagining and innovating.
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Inspire : championing the role and impact of Milton Keynes culture across the local, regional, national and
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international strategic context and seeking inspiration and best practice from all sectors.
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Collaborative : working together we are greater than the sum of our parts, driving forward the cultural future
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of Milton Keynes.
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Empowering: we are fiercely supportive of our volunteers, partners
and invest in nurturing and sharing knowledge, skills and confidence to innovate and develop the sector.
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Innovate : we invest in the ideas, assets and skills within and beyond our membership towards solving common
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challenges and shared goals.
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Excellence and Inclusion : excellence as the driving force of everything we do and deliver; equality in its widest
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sense, as we strive for inclusion and diversity to ensure our Milton Keynes cultural sector is representative of our community.
REVIEW OF ACTIVITIES AND ACHIEVEMENTS:
Advocacy
MKIAC promotes the social, wellbeing and economic value that culture and creativity bring to those living, learning, sharing , working and performing in Milton Keynes to the MK Council, partners, MK College and decision makers.
| Inspiring Cultural Events Digital 18,738 |
Online events Visits 8,305 |
|
|---|---|---|
Charity No: 1183548 Company Number 8652500 Chaffron Way Campus,MK6 5LP www.mkiac.org
Volunteering Opportunities Creative and Cultural Jobs
Spoken Word Wellbeing Cultural Workshops
1345
11145
2,811
MKIAC is a member of SEMLEP Creative and Cultures Industries Group Meeting where cultural colleagues in the region share issues, achievements and challenges, in support of culture at the heart of placemaking and growth, and its impact on the economy and quality of life of this key strategic area.
MKIAC advocates for Cultural Education and the wellbeing of children and young people through MAKE, the MK Cultural Education Partnership (MKCEP) . MAKE champions the impact of creativity and creative thinking across the curriculum on children and young people’s skills, employability and wellbeing. This is a partnership of arts organisation, schools, MK College and local stakeholders, set up in response to the Arts Council England Cultural Education Challenge. Artswork, based in Southampton, is the ACE bridge organisation to support the development of local CEPs in the South East region (currently 13). Our continued thanks to Jezz Bennet, who gives generously of his time as independent chair of MAKE.
Charity No: 1183548 Company Number 8652500 Chaffron Way Campus,MK6 5LP www.mkiac.org
The education programmes
We involve local schools and the local higher education college in a range of expressive arts with professionals in residence. Our residences aim to develop students, young people confidence and expression across the range of arts from art with paints, music, textiles, creative writing and installations.
Where possible the programme is linked to the educational syllabus and special events are also provided for young people with learning difficulties to encourage their freedom of expression and to enhance their communication skills through the creative arts.
Our volunteers
MKIAC is very involved in the community and relies on voluntary support.MK College supports and encourages young people to volunteer with MKIAC for learning new skills, build confidence, understanding diverse culture and skills.
MKIAC also have ambassadors who plays important supporting role with advocacy work and communicating with various communities of its programmes and build initiatives that encourage new friendships between women and young people inclusively.
Online MKIAC MK Newsletter
MKIAC -MK sends out a monthly online newsletter, inviting members to share news of developments, successes, challenges, opportunities for professional development and good practice with their colleagues and key interested parties.
Looking forward to 2023 /24
Through our core programme and work with wide range of diverse artists, communities and organisations, we have demonstrated a high level of reach and engagement, supporting the production of high - quality work which resonate with relevant issues and social challenges.
Our work has had tangible benefits and impacts both at a strategic level, in terms of supporting AH-A, SEMLEP, MK Music Hub and Local Authorities to engage with diverse communities, and grassroots level through place -based projects and interventions. Were perfectly positioned to make a strong contribution to Let’s Create strategic vision and becoming ACE NPO.
Anouar.Kassim CEO MKIAC
Charity No: 1183548 Company Number 8652500 Chaffron Way Campus,MK6 5LP www.mkiac.org
Milton Keynes IAC Charity
Unaudited Financial Statements For the Year Ended 31 August 2023
Milton Keynes IAC Charity
Contents
| Page | |
|---|---|
| Accountant Report | 1 |
| Statement of Financial Activities | 2 & 3 |
| Balance sheet | 4 |
To The Members of
Milton Keynes IAC Charity
ACCOUNTANTS REPORT
FOR THE YEAR ENDED 31 AUGUST 2023
I Report on the accounts for the year ended 31 August 2023.
As the charity's trustees you are resposible for the preparation of the accounts in accordance with the requirements of the charities Act 2011 ('the Act').
I have examined your charity's accounts as required under section 145 of the charities Act 2011 ('the Act'). In 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 belive:
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that accounting records were not kept as required by section 130 of the Act; or
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that the accounts do not accord with those records; or
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that the accounts do not comply with the accounting requirements of the Act; or
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that there is further information needed for a proper understanding of the accounts.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and,in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention.
ACE Accounts & Tax Limited Chartered Certified Accountants
2 Whittle Court Knowlhill Milton Keynes MK5 8FT
Dated …………………………
1
Milton Keynes IAC Charity
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2022
| INCOME MK Council Grant Arts Council England Covid-19 Grant Other Grants OTHER INCOME Donations TOTAL INCOME LESS EXPENDITURE SURPLUS |
Total Funds 2023 £ 55,650 - - 253,477 |
309,127 5,051 314,178 234,976 79,203 |
Total Funds 2022 £ 2,985 153,955 - 184,340 |
341,280 9,852 351,132 228,541 |
|---|---|---|---|---|
| - 5,051 - |
9,852 - |
|||
| 122,590 |
2
Milton Keynes IAC Charity
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023
| EXPENDITURE Events/Program Freelancer program Performances Exp. Event Performer Freelance Artist Heritage exhibition Digital artist Others Event expenses OTHER EXPENDITURE Advetising & Promotions Telephone IT Software's and Consumables Professional Services Volunteer Costs Community engagement Youth engagement expenses Fuel Costs Hire of equipments Subscriptions Insurance Accountancy fees Photography Donations Bank Charges TOTAL EXPENDITURE |
Total Funds 2023 £ 42,082 18,725 20,545 49,215 6,750 25,341 28,161 |
190,820 44,156 234,976 |
Total Funds 2022 £ 3,560 32,165 15,192 69,640 9,829 45,014 15,455 |
190,854 37,687 |
|---|---|---|---|---|
| 6,490 324 - 18,515 - 9,220 1,820 1,323 1,695 300 1,712 1,200 510 975 71 |
5,887 296 - 13,475 53 12,220 2,470 - - 713 871 900 510 216 76 |
|||
| 228,541 |
3
Milton Keynes IAC Charity Balance Sheet
as at 31 August 2023
| Notes CURRENT ASSETS Natwest bank Account Bank account - 5741 Other debtors - Tax Other debtors - Milton Kenyes IAC Ltd CURRENT LIABILITIES Accurals Grants received in advance Total Assets less current liabilities COMMUNITY RESERVES Reserve B/F Surplus for the year 2 General Reserve Revaluation Reserve last year Total Funds Notes: Signed on behalf of the Association Anouar Kassim ……………………………………. Trustee |
236,620 24,759 - 55,715 79,203 |
2023 £ 317,095 2,100 - |
314,995 - |
181,089 24,759 - 55,344 |
2022 £ 261,192 900 24,500 |
235,792 - |
|---|---|---|---|---|---|---|
| 314,995 | 235,792 | |||||
| 235,792 79,203 |
113,202 122,590 |
|||||
| 314,995 | 235,792 | |||||
4
CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Milton Keynes IAC On acGounts for the year ended 31 August 2023 Charity no (if any) 1183548 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Yhe Trusy) for the year ended 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 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)Ib) of the Act. Independent he charity's gross income exeded £250,000 and l am qualified to examinevs statement undertake the examination by being a qualified member of Association of Chartered Certified Accountants. I have Gompleted my examination. I confimi that no material matters have come to my attention in connection with the examination (other than that disclosed below "} wthich gives me cause to believe that in, any material respect-. the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements conMIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is nol a matter considered as part of an independent examination. I have no conM$ and have come across no other matters in Gonnection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Please delete the words in the brackets rfthey do not apply. Signed: Date: 1410612024 Name: Akshay Shah Relevant professional qualification(sl or body Associalion of Chartered Certified Accountants ACCA Registration 0045695 IER Oct 2018
(If any): Addre. Section B Disclosure Only Complete rf the examiner needs to highlight material matters of concem {see CC32, Independent examination of charity accounts: diredions and guidance for examiners). Glvo here brlof dotall• of any Items that the examlner wl8ho8 to dlsclos•. NIA IER Oct 2018