CHARITABLE INCORPORATED ORGANISATION NUMBER: 1184149 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE PEIUOD ENDED 31 MARCH 2025 FOR FEDERATION OF GHANAIAN MUSLIM WOMEN ASSOCIATIONS UK T/A FOMWAG UK 73 HEATHFIELD DRtVE MtTCHAM SURREY CR4 3RD
FOMWAG UK CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees Ito3 Independent Examiner's Report Statement of Financial Activities Balance Sheet 6t07 Notes to the Financial Statements 8tolO
FOMWAG UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with the fmancial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005. SPONSORSHIPS AND SUPPORTERS We are grateful for the support we received from: _ Stockwell Green Mosque Ghana Union UK Jenny Associates, Chartered Certified Accountants Mr Samuel Tsipotey Ashahada Housing Ass PayAngel Money Transfer AII FOMWAG UK Members and Supporters REFERENCE AND ADMINISTRATIVE DETAILS Registered Charitable Incorporated Organisation number 1184149 Registered offiee 73 HEATHFIELD DRIVE MITCHAM SURREY CR4 3RD Trustees and Board members A Shardow Chair F Bartley Trustee S Suleman Secretary A Alhassan Assistant Secretsry B Abdul Rahman Treasurer S Yussuf Trustee Z A Issah Z. Alema H. Apau K. Boadi A Durrant Bankers LLOYDS Bank PIC BEDFORD STREET, BEDFORD STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document Federation of Muslim Women Associations of Ghana UK (FOMWAG UK) is a Charitable Incorporated Organisation Registered number 1184149. The Charitable Organisation was registered on 28 June 2019. The Charitable incorporated company took over the affairs of the unincoryorated organisation FOMWAG UK on I 11 July 2019. Reeruitment and appointment of new trustees The management of the charity is vested in the Executive Committee consisting of Trustees & board members and that 11 any trustees ar¢ elected by at the truste¢s Meeting called by the trustees or co-opted by the Charity Trustees in accordance with the Charity constitution. Page I
FOMWAG UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ORJECTIVES AND ACTIVITIES Objectives and aims The objects of the charity, as stated in its Constitution, are: The prevention or relief of poverty. We provide humanitarian services to all. 2. The advancement and teaching of the Islamic faith and its values for public benefit in the UK. The provision of 11 humanitarian services for all for the purposes of community cohesion and development by organising public seminars and workshops and promoting the understanding of other faiths among Muslim women and general public. 11 3. The advancement of education, mainly but not exclusively and for public benefit, among young and elderly Muslim women in the UK and in Ghana through the provision of weekend and holiday classes, Homework Clubs, and financial support to needy pupils. 4. The relief of those, mainly but not exclusively and for public benefiL Muslim women in need by reason of youth, age, 11 gender, ill-health, disability, fmancial hardship or other disadvantage in the UK and Ghana through fmancial assistance, health promotion seminars and workshops. 11 ACHIEVEMENT AND PERFORMANCE a) Holding Prayer meetings and Quran Classes The Charitv held the usual prayer meetings and Quran classes fortnightty throughout the Period. This was attended by about twenty members in around Balham, Merton, Lambeth and Greater London. Since the to 11 11 11 COVIDI 9 outbreak and afterniath most activities were held on ZOOM Virtual fonlln. b) Counselling & Islamic Education Services 11 The charity organised some counselling and Islamic education services during the year on Zoom for members in need throughout the period this was televised in UK and beyond with other supporters of the FOMWAG UK. c) Other Community & Social Activities There were some fimctions held for Ramadan, Eid celebrations, Annual Muslim women and Youth conferences and 11 11 11 other community projects and functions held during the period on ZOOM. We also attended Ghana Independence Day celebrations at Parliament House. This included the launch of the All-Parties Parliamentary Group on Ghana (APPGG) and the Secretariat was agreed to be the Ghana Union Office. As part of our networking FOMWAG UK members attended and sponsored the Dansika Fugue Festival at Broadwater Farn]. The Future of FOMWAG UK The Charitable Incorporated organisation would continue to work with the main Islamic Organisations, other Charities with similar objects and Masjids to achieve the objectives of the charitable Incorporated company (CIO) and future development projects. 11 Reserves policy The trustees are aware that a prudent fmancial management of the charity requires that some funds are put aside for a 11 "rainy day" After considering the contractual obligations of the charity, such as premises and other leasing obligations the trustees have decided that they would require to hold funds in reserve, equivalent to a minimum of six months totsl 11 operating expenditure. This means a total of approximately £4,000 for the current fmancial year. The current level of free reserves does not adequately satisfy the charity's reserves policy. The trustees plan to generate fimds to increase the current level of Reserves. Funds in deficit No funds are currently in deficit. Page 2
FOMWAG UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Approved by order of the board of trustees on 15th June 2025 and signed on its behalf by: loLJ A. SHARDOW (CHAIR) _ TRUSTEE Page 3
INDEPENDEIYT EXAMINER'S REPORT TO THE TRUSTEES OF FOMWAG UK I report on the accounts for the year ended 31 March 202) set out on pages SLX 10 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 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. 11 Having satisfied myself that the charity is not subject to audit under Charity law and is eligible for independent examination, it is my responsibility to: 11 examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 11 11 145(5)(b) of the 201 l Act); and to state whether particular matters have come to my attention. 11 Basis of the independent examiner's report My examination was carried out in accordance with the 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 you as 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 'trne and fair view ' and the report is limited to those matters set out in the statements below. Independent examiner's statement In connection with my examination, no matter has come to my attention: 11 which gives me reasonable cause to believe thaL in any material respecL the requirements to keep accounting records in accordance with Section 130 of the Charities Act; and to prepare accounts which accord with the accounting records, or the accounts did not comply with the applicable accounting requirements concerning the forni and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have come across, no matters in connection with the examination to which in my opinion, attention should be drawn in 11 this report in order to enable a proper understanding of the accounts to be reached. S. TSIPOTEY BA (Hons) FCCA, Msc SAMUEL ASSOCIATES CHARTERED CERTIFIED ACCOUNTANTS 36 CHARCROFT GARDENS ENFIELD MIDDLESEX EN3 7HA Date: 10th July 2025 Page 4
FOMWAG UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted fund Not es INCOMING RESOURCES Incoming resources from generated funds Activities for generating Income Voluntary Income Charitable Income Investment income 16,227 3,663 19,890 21,121 Total incoming resources 16,227 3,663 19,890 21,121 RESOURCES EXPENDED Costs of generating funds Costs of generating voluntary income Charitable activities Charitable Activities Governance costs 15,742 680 3,663 19,405 680 19,846 660 Total resources expended 16,422 3,663 20,085 20,506 11 NET INCOMING/(OUTGOING) RESOURCES (195) (195) 615 Transfer between funds RECONCILIATION OF FUNDS 40 (40) Totsl funds brought forward 3,765 210 3,975 3,360 TOTAL FUNDS CARRIED FORWARD 3610 170 3,780 3,975 The notes forni part of these financial statements Page 5
FOMWAG UK BALANCE SHEET AT 31 MARCH 2025 2025 2024 Total funds Total funds Unrestricted fund Restricted fund Not es FIXED ASSETS Tangible assets CURRENT ASSETS Debtors & Prepayments Cash at bank and in hand 500 3,825 4,290 170 4,460 4,290 170 4,460 4,325 CREDITORS Amounts falling due within one year (680) (680) (350) NET CURRENTASSETS/(LIABILITIES) 3,610 170 3780 3,975 TOTAL ASSETS LESS CURRENT LIABILITIES 3,610 170 3,780 3,975 NET (LIABILITIES)/ASSETS 3,610 170 3,780 3,975 FUNDS Unrestricted funds- (Deficit)/Surplus Restricted funds 3,610 170 3,765 210 TOTAL FUNDS 3,780 3,975 The notes forni part of these fmancial statements 11 Page 6
FOMWAG UK BALANCE SHEET - CONTINUED AS AT 31 MARCH 2025 The charitsble trust is entitled to exemption from audit under Section 144(2) of the Charities Act 2011 (the 201 l Act) for the year ended 31 March 2025. The members have not required the charitable Incorporated Company to obtain an audit of its fmancial statements for the year ended 31 March 2025 in accordance with appropriate Section of the Charities Act 2011 and the SORP. The trustees acknowledge their responsibilities for (a) 11 ensuring that the charitable company keeps accounting records that comply with the appropriat¢ S¢ctions of the Charities Act 2011 (the 2011 Act) and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each fmancial year and of its surplus or deficit for each fmancial year in accordance with the requirements of the Sections and which otherwise comply with the requirements of the Charities Act 2011 relating (b) 11 11 to fmancial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the Charities SORP relating to small charitsble companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015). The financial statements were approved by the Board of Trustees on 15 June 2025 and were signed on its behalf by: A Shardow FCCA (Chair) -Trustee B. Abdul Rahman (Treasurer) ~Trustee 11 The notes forni part of these fmancial statements Pag¢ 7
FOMWAG UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Accounting convention The fmancial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the 11 requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Incoming resources All incoming resources are included on the Statement of Financial Activities when the charity is legalty entitled 11 to the income and the amount can be quantified with reasonable accuracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets None held Depreciation is provided at the following annual rafrs in order to write off each asset over its estimated useful life. Taxation The charity is exempt from corporation tax on its charitable activities. 11 Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. There is currentty a small mosque designated fund that is held. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. INVESTMENT INCOME 11 2025 2024 Interest receivable/Rewards NET tNCOMING/(OUTGOING) RESOURCES Net resources are stated after chargIn(crediting). 2025 2024 Depreciation - owned assets 00 00 TRUSTEESI REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the period ended 31 March 2025. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025. Page 8
FOMWAG UK NOTES TO THE FINANCIAL STATEMENTS - CONTLNUED FOR THE YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Motor Van Fixtures and fittings Other equipment Totsls COST At l April 2024 and 31 March 2025 DEPRECIATION At l April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accrued Income and Prepaid expenses 00 500 11 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accrued expenses 680 350 680 350 MOVEMENT IN FUNDS Net movement in funds At 1.4.24 At 31.3.25 Unrestricted funds General fund 3.765 (155) 3,610 Restricted funds Restricted fund 210 (40) 170 TOTAL FUNDS 3,975 3,780 Page 9
FOMWAG UK NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming 11 Resources Movement in 11 resources expended funds Unrestrieted funds General fund 16.227 (16,422) (195) Restricted funds Restricted fund Transfer between funds 3,663 (3,663) (o) TOTAL FUNDS 19,890 20,085) 11 This page does forn] part of the statutory financial statements Page 10