CompAny Regl8trfitlon Number.. J0365693 Ikhewa Conllnunlty orgs&t10n Limited Tntee8, Teport and flljallcial statetnents Forth¢ year end[ 31st March 2024 Hisbah
Ikhewa Conununity Organisation Limited Colltellt For the year ellded 31 March 2024 Page Legal and administrative infornmtion StatellLellt of Trustees, respO[LsiIIlties tndependeJt Examinevs rwrt Statcmatt of financial actiTritics Balance Sheet Note8 to the financial statements Hisbah
Ikknewa Commullity Organisatlon Llmited For the year ended 31 March 2024 Legal and admiDl$trative iDfonnation Staths Thc Orgatitsation is a chaTity registered with the Charity Commission on 8 September 2016. The charAty is govemed by Èts Constitiuio Trustees: Mr. Moh8MM Badereidin Mr. Yahia Yousif Ishag Mr. AhLom&u Mohamed ALI Gassam El Saycd Mr. Ali Badawi El Sacd Mr. Adam Abdul.Majid Bakbari Ch*trM. Mr. mohamm Badercidin Chirity number: 1183574 RegÉstered office: Hamstead Road Hockley BllLMLNGK4M B19 IDG AccouDtADts: Hisbah ti CharteMI Certified Accountants 5 George Road Edgbaston BIS INP www.hisbah.co.uk Hisbah Page I
Ikhewa Community OrgAnis&tlon Llmlted Statern¢nt of Trustses, Responslbilities for the Flnancial Statements For the year ended 31 March 2024 The Tn1¢¢8 are responsible for ensur1 that the Charity nuintains an adequate systcm of internal control design lo provide reasonable assufdfLce that assels safeguarded ag8inst material loss or unkuthorised use and to prevent arLd detect fraud and other irregulaTitie8. This report h&8 been prepared in acwrdance with the statement of Recommended Pwtic¢'. Accounting and Reporting by Clwities and in aeeordance with CoD]panies Act 21M)6 relating to snllll By Order of the Board Mr. Mohammed Badereidin Director Date: Hisbah Page 2
Ilthew8 Community OrgaDisAtlon Limited Indepeudent ExInerS, Report For the year ellded 31 March 2024 We report on the accounts of the Charity for the y¢ar ende4J 31 March 2024. which are set out on pages S 10 8. Respeetlve responsibilities of the trnstees and exrdminer The clwity's members are responsible for the preparation of the accounts. The charity's mnberS consider that all audit is not required for this year (ullder $tion 4144(2) of the Cbaritics Act 2011) and that an indepcnd¢nt examknation is needed. It is our responsibility to= examine the accounts {under section 145 of 20I l Act). to follow the procedures laid doi¥n in the Genernl DIrtiOnS given by the Cbarity Commissioners (under section 145 (5) of 2011 Act)" and to state whether particular matters have come to our attention. Basis of the independent examiller's report OUT examination was srIed out in accordancc with the General Directions giv by the Charity Conunissioners. An examination includes a review of the accounting rerdS kq>i by the charity and a comparison of th¢ account8 pr¢seJJt¢d with those records. It also iacludcs consideration of any unusual ltell or disclosures in the accounts, and Seeking explanations from you as manbers concerning any such matters. The pro¢ureS undertaken do not proNide all thc eNrydellce that would be requiral ijj an audiL and consquently we do not express an audit opinion on the view given by the accounts. Independent exatniTher'5 Statement ltt the cours¢ of our examiDatio no matter come to our attention: (l) which gives us rc&gonable cause to believe that I any material respect. the mentscrs have not met the requiremcnts to ensLe that.. • Proper accoullting records are kcpt (Én accordance with section 41 of thc 1993 Act).. • Accounts are prepared iTrhich agree with the accounting records and comply with the accounting rcquirem¢nts of the Act; or (2) to which in our Opinio attention should be drawn in order to eDable a propcrunderstanding of the accounts to be reached. Hisbah Chartered Certificd A¢UntantS 5 George Road Edgbaston Bimiingbam B15 INP Hisbah Page 3
Il(hewa Commwiity OrgAlllsAtlon Limited stateme of Finanel81 Arttiryties including Income Espenditure Aecount For the year ended 31 Marcb 2024 Unrestricted Restrlcted TotAI Total Funds Funds 2024 2023 Note8 Incoming re%our¢es Donations 43318 43218 54.751 Resollrces Expended Charitablc cxpenditurc 20321 20,221 49.494 Governance costs 3.15 3,150 1860 Tot expenditure (23J71) (23 J71) (52,354) Net movement funds 19147 19,847 2,397 Funds balances at 31 Mah 2023 125J36 125,936 123,539 Funds balances at 31 MArch 2024 145.783 145,783 125,936 Hisbah Pw4
Ikbewa Commullity Organisatioll Limited Balance Sheet As #t 31 MAreh 2024 liote 2024 2023 Flxed Assets Tangible Asset8 3031 3,919 Currellt Assets Cash at bank and in I]d 143,952 122,767 147,283 126,686 Creditors .' Anwullts falling due within on¢ year (1,500} (750) Net Assets J45,783 125,936 AccumulAted Funds Balance brougknt forward 125.936 123,539 Surplus of income over cxp¢ndilur¢ 19847 2,397 As at 31 M¥drch 2024 145.783 125,936 The fllwicial statements have been prepared in accordance with the special provisions of Part Vl l of the Companie8 Act 2006 r¢latitw to snmll con]panies and with the Stst¢nth of Rccomtnended Practice. Accounting and rworting by Ch8rities issued in March 2005 and the Financial Standard for Smaller EJ)tities (etyective Jalluary 2005). The Trustees are of the i)pinion that the companv is entitled to the exemptions fiY)m audit conferred by sIlDn 447 of the Compani¢s Act 2000. The Trustccs are rcSpoib1t for.. •eDsuring that thc company kceps accounting rccords wbich con]ply with section 386 of the Companies A¢t 2006, and ' preparing accounts whicb give a tNe 8nd fair view of the state of affairs of the company as at 3 1st March 202+ and ils results for the yedr thcn elldcd in accordallce with the requireme1 of 5tIOn 386 of the Companies Act 2006, and which ot1lSe ¢omply with the rwiirement5 of this Act relating to 8ccounts, so far as applicable to the company. Th¢ finaDGial statemcnts on pagc 5 to 13 were appn)ved by the Trustes on 23 July 2024 and sigtL¢d on their behalf by.. Mr. Mohammed B4dereidin Director Date: Hisbah Page 5
Ikhewa Comtnunit), Organi8atioD Limited Note5 to the Flllanclal Statements For the yeiT ended 31 M8reh 2024 l Accounting policies 1.1 Basls of preparatlo Tbe fmancial statements have be£n prep8red under hislorical cost convention and in accordance with the Financial Rq)orting SiatLdard for Smaller Entities, tbe Statement of Recommended Practice; Accounting and Rep)rting by Charities 2005. l.2 Incoming Resources All ineA)ming resources are included on the statement of Financial Activities when the CRlty 15 legally elltiiled to the income aod anwunt can be quantified with reasonabl¢ acmcy. 1.3 Resources expended Resources expended are accouiited for on an accrual basis. Expenditure includes VAT which b¢ recovered and wbich is included as pan of the expenditure to wl)ich it relates. Costs are allocatcd betweetL charitable cxpctLditLre and govcrnance as appropriate. Cbaritable expenditure cornprises those costs directly Incurr in cawing out its charitable activities and expenditure of an illdArect nature necessary to support these activities. Governance costs are those associated with the constitutional and statutory requirements of the charity and include Ind4)¢ndfflt Examiners, fxg and ¢08ts incurred in the strategic n]anagemenl of the charily. Hisbah PaBe 6
Ikhewa Community Organisation Limlted Iyotes to the Financial Statements - (Colltillued) For the Ye eJAded 31 March 2024 3 Total R¢source% Expended Ilem Descriptioo Cl)aTitabl¢ activities Govemance Costs TolAI 2024 Totsl 2023 Hvat and light Printing, wstage and stationery Refuse collection 668 668 12297 286 286 426 1,768 1,768 408 3,624 T¢l¢phone. fax and internet General insurance 408 384 1,250 1250 750 7,(MlO AGwuotancy fees Ballk charges Swthry expenses 750 750 148 148 177 215 215 633 11,774 3,116 11,774 21,297 2.964 Charitable activiti& 3,116 Professional fe&8 2,400 588 2,110 692 Depreciation charge 588 ?0,221 3.150 23J71 52,354 4 Net movement in funds before transfers These are statcd aftcr charng. 2024 2023 Depreciation Reporting Accountallts, Rrmuneratton 588 692 750 750 1,338 1,442 Hisbah Page 7
Ikhewtl Community Orgallisation Lin)ited Note5 and Aceounting Policie5 For the year ettded 31 M&rch 2024 5 T Angible Fixed Assets Tangiblc FIX &8sets comprised: Fixtures and fittings Total Cost At Isl April 2023 4,611 4,611 At 31st Mar¢h 2024 4,611 4,611 Depreciation At 1st April 2023 Charge for year 692 692 588 588 At 31st TrIArch 2024 1,280 1,280 Iyet Book Value At 31st March 2024 3,331 3,919 3J31 3.919 At 31st March 2023 Hisb%h Page 8
Ikbewa Community Orgalli8&tion Lfited Notes and Accounting Policies For tbe yeAr ended 31 Mirch 2024 7 Credltors Creditors comprised amouJ]ts falling duc within One year as follows: 2024 2023 Trade Creditors and a¢¢nlS 1500 750 iJio 750 The Funds of tlte ChArlty At 1st A ril In¢omi 2023 Resource8 31st March 2024 Resources Unrestricted Fullds 125,936 43.218 (23.371) 145,783 Tot 125,936 43318 (23 J71) 145,783 Hisbah Page 9