Manchester Muslim Student Fund Trustees Annual Report and Accounts Founding (July 21[st] ) - 1st June 2021 Trustees Annual Report.....................................................................................................................2 Statement of Financial Activities.......................................................................................................7 Statement of Financial Position.........................................................................................................8 Notes to the Financial Statements.....................................................................................................9 ## Trustees Annual Report Financial Year Ending 1st June 2021 The trustees present their report and the unaudited financial statements of the charity for the financial year ending on 1st June 2021 ## **Reference and Administrative details** **Registered charity name** Manchester Muslim Student Fund CIO **Charity registration number** 1190498 **Principal office** British Muslim Heritage Centre West Wing Ground Floor Room 8 College Road Manchester M16 8BP **The trustees** Mohammed Rehman Ullah Dr Zaidi Hamid Dr Ayesha Khan Manchester Muslim Student Fund is constituted as a Charitable Incorporated Organisation (CIO). The CIO was registered with the Charity Commission on 21[st] July 2020 with its charity number being 1190498. The CIO is governed by a Board of Trustees. Trustees meet at least 4 times per calendar year. They are elected and opted under the terms of the Articles of Association. Overall responsibility for the management of Manchester Muslim Student Fund rests with the board of trustees. There is no chief executive officer. The day-to-day affairs are headed by Mohammed Rehman Ullah, with the support of the trustees and other volunteers. All Major decisions are taken collectively by the trustees and all the trustees give their time freely. The trustees are unpaid, and details of any related party transactions are disclosed as applicable in the notes to the accounts. ## **Risk Review** The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and the finances of the CIO and are satisfied that systems are in place to manage our exposure to major risks. ## **The Objects of the Charity are –** The prevention or relief of poverty for Muslim students in the Greater Manchester area by providing grants, items, and services to individuals in need and other organisations with similar aims and by supporting and initiating projects and conducting research. ## **Manchester Muslim Student Funds’ Mission and vision is** All Muslim students are given the best opportunities to thrive in their education and fulfil their potential. ## **Our work is underpinned by the following values:** - **(a) Islamic ethos and values** - **(b) Support students in Greater Manchester who meet specific criteria** - **(c) Fairness and Justice** - **(d) To garner sustainable forms of Income in the form of Endowments** ## **Public Benefit** The trustees confirm they have referred to the guidance contained in the charity commissions general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities and setting grant making policy for the year. ## **Grant Making policy** The charity is funded by donations. The charity gives out grants in line with the above criteria where applicable. We have already given out some grants to organisations with similar aims and have set in place criteria and assigned budget for hardship funding. We aim to give out awards and grants in the next academic year as a priority, ## **Trustees Annual Report and Achievements** Manchester Muslim Student Fund (MMSF) came about to support the Muslim students of Greater Manchester amidst an emerging picture of difficulty faced by Muslims whilst in education, The founders could see a need for financial support for Muslim students who otherwise have very little or no place to turn to. It is fair to say the challenges faced by all students, but particularly Muslim students, are multi-faceted. Socioeconomics, islamophobia, interest-based government loans, systemic racism, a lack of diverse staff within the education sector, a failing curriculum, the lack of support for faith schools, poor mental health and wellbeing support, a lack of spiritual support across the sector, sub-par diversity training, inadequate prayer spaces and an ignorance of the cultural and religious needs of our Muslim youth have all contributed to the widely documented reports highlighting an attainment gap. Our Muslim students are set up to fail but still manage to overwhelmingly overachieve. The Key aims of our trustees is to try and fix some of the problems by working on the ground with the students and institutions themselves but also recognising a need for policy change and research which can direct our aims. We registered the charity just before the outbreak of the coronavirus and have faced a tumultuous time since then. With the lockdown in early 2020 we had to shut down all our plans and rethink our strategy. We managed to start some initial projects, but they too were cut short and so most of our time was spent on internal matters. On October 24[th] 2020 we were struck with tragedy, at the loss of our beloved - founding trustee Dr.Abdulrahman Elbayouk (May Allah have mercy on him). We are still suffering the trauma of his death and had a difficult decision whether to continue or cease the project altogether His presence is continually missed. MMSF recognise the hard work put in by the Islamic Societies already established and working hard to support our Muslim students. Building a close relationship with the ISOCs is vital to the work we do. We have since been able to work with and partner up with organisations and charities who have similar aims and get some already needed support to students. We have been able to grow from a seed and hope to embed ourselves within the sector to reach as many students as possible, We plan to start and support projects which can tackle some of the inequity and award Muslim students for their achievements, we are confident we will be able to achieve this with a sustainable form of income which feeds directly into the fund in the form of the establishment of a waqf. We have already supported the work of the Islamic societies and have now established our “Hardship fund” and look to establishing further financial awards and grants which can be directly accessed by Muslim students and other organisations including Islamic Societies. I am grateful to the work of Dr. Zaidi Hamid and Dr. Ayesha khan who have continued to strive for the charity. The real work of the charity is carried out by our de-facto steering group who have put countless hours in, all whilst studying, to get the charity off the ground. Our Director of Marketing, Dr. Abdul Hadi Khafagi and Directors of Fundraising Sara Bahdur and Ismaeel Khan have worked tirelessly to see we progress. Special thanks need to be given to Dr Maliha Momo, who is the secretary to the board of trustees (and a 4[th] year medical student when she first got involved with MMSF) and Aziz-al Qaisia, both of whom have been with MMSF from the very beginning and without their commitment and sterling efforts we would never have gotten to where we are today. Not only have they sacrificed their time, but they have also been active participants in events and projects. To all I am very grateful and owe huge thanks. But finally I have to mention Mariam Elbayouk, who even with the devastation of the loss of her brother, was still able to help MMSF and continues to offer her support to the charity and came on as a trustee. There continue to be many challenges and we know the sooner we can operate fully the impact will be instantaneous. The younger generation have carried this charity and they are the ones who are facing the challenges of today. They are different to the ones 20 or 30 years ago but many of those barriers remain. It is by working together effectively we can achieve real change, The trustees annual report was approved on the 14[th] of May 2022 and signed on behalf of the board of trustees by Mohammed Ullah Chair of Trustees ## **Financial Review** The charity received £14,235.10 in donations and income from projects- of which £3476.15 was paid out by way of direct charitable activities and support costs. This expenditure was made in line with the stated objects of the charity and was for the promotion of Muslim student excellence in the Greater Manchester Area. Costs incurred included payments for office rent, staff training and website launch costs. The Trustees wish to thank all their benefactors for their generosity without which the charity simply would not have been able to provide its vital services. ## Statement of Financial Activities |Year to 1stJune 2021|Year to 1stJune 2021||| |---|---|---|---| |Note|Unrestricted|Restricted|Total Funds| ||Funds (£)|Funds (£)|(£)| |**Income and Endowments**|||| |Donatons|9395.68|4716.82|14,112.50| |Tuiton Income|120.00||120.00| |Interest Accrued|2.60||2.60| |**Total Income**|||**14,235.10**| |**Expenditure**|||| |Expenditure on charitable actvites|||| |**Total Expenditure**|||**3476.15**| |Net Income and net movement in funds|||NA| |Reconciliaton of Funds|||| |**Total funds brought forward**|||**NA**| |**Total funds carried forward**|||**10,758.95**| ## Statement of Financial Position |Year to 1st|June 2021|| |---|---|---| |**Current Assests**|£|£| |Cash in bank and in hand|10,758.95|| |**Creditors: amounts falling due within one year**|0|| |**Net current assets**||10,758.95| |**Total Assets less current liabilites**||10,758.95| |**Net Assets**||10,758.95| |**Funds of Charity**||| |Restricted Funds|6289.53|| |Unrestricted Funds|4466.82|| |Interest accrued|2.60|| |**Total Charity Funds**||10,758.95| Notes to the Financial Statements **These financial statements were approved by the board of trustees and authorised for issue on 31/3/22 and are signed on behalf of the board by:** **HOWEVER – Due to an oversight with the initial accounts we had to resubmit to the charity commission in 2025 but we explained and were allowed to resubmit so there is so discrepancy.** ## **Zaidi Hamid** **Treasurer and Founding Trustee**