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2023-05-31-accounts

REGISTERED CHARITY NUMBER: 1195197

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 May 2023

for

Telford and Wrekin Interfaith Council

Telford and Wrekin Interfaith Council

Contents of the Financial Statements for the Year Ended 31 May 2023

Page
Report of the Trustees 1 to 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11

Telford and Wrekin Interfaith Council

Report of the Trustees for the Year Ended 31 May 2023

The trustees present their report with the financial statements of the charity for the year ended 31 May 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The aim of to CIO is to help eradicate inequalities within our community, and to promote diversity and inclusion within the Borough of Telford and Wrekin, and to ensure that Unity stays within our Community.

To achieve this our objectives are:

  1. The promotion of equality and diversity for the public benefit by:

a) the elimination of discrimination on the grounds of race, gender, disability, sexual

orientation or religion;

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1195197

Principal address

19 New Street Wellington Telford Shropshire TF1 1LU

Trustees

Ms L Pointer Cllr R Mehta Ms J Ward Ms R Dhatt Mrs K Dass (appointed 19.7.22)

Page 1

Telford and Wrekin Interfaith Council

Main Activities

During the past 12 months we have been able to continue to support the local communities in resolving issues relating to cultural differences and misunderstandings, and bringing people together to help those in need irrespective of their backgrounds. Our membership has grown to over forty Faith, Cultural, and Community Groups, who have the same goal of continuing our efforts of keeping ‘Unity’ with the ‘Community’.

Below is a summary of our major activities during these past 12 months:

Armed Forces Covenant

In March 2023 The Telford and Wrekin Interfaith Council signed up to the Armed Forces Covenant, and achieved the Bronze award. Signing this covenant shows the commitment of the Telford and Wrekin Interfaith Council and all of its members in supporting our Armed Forces, both those who currently serve as well as our veterans.

Out of Hours Emergency Food Service

During the past year we continues to provide Emergency Food Parcels to families and individuals in need. These continue to be a mix of collections and deliveries. Our Grant from Telford and Wrekin Council allowed us to continue our Out of Hours service,

We have also received donations of food and goods from multiple donors which have assisted over 10,000 residents within the Telford and Wrekin Borough.

During this past 12 months we have delivered the following: 9,832 Emergency Food Parcels distributed 147,480 meals provided

Page 2

Telford and Wrekin Interfaith Council

Community Engagement

During the previous 12 months, we have had the pleasure of working with many groups to help bring diversity and inclusion to all members of the community.

We have been able to go into local primary and secondary Schools during South Asian Heritage Month in July 2022 to deliver Equality, Diversity, and Inclusion workshops to over 1,000 students, to help them to better understand the diverse world around them.

We were also able to hold several events at our community hub, which covered such areas as Black History Month, Diwali, the King’s Coronation, and other diversity-related events.

Warm Space Project

In Nov 2022 we received funding to deliver a Warm Space project. This allowed us to open up our Community Hub to local residents who may be struggling with heating their homes, in need of a hot meal, or just to come together for a bit of company. The funding allowed us to run the project from Dec 22 through the end of March 23, which ran for 2 days per week.

Those in attendance were able to keep warm, have a hot meal, a hot drink, play some games, or to socialise.

Due to the success of the Warm Space project, we put out a fundraiser campaign to allow us to continue this service. This service then became our “Chit-Chat” café, which runs every Thursday 1pm-3pm and all are welcome.

Interfaith Santa

With the support of the Telford and Wrekin Council, Balfour Beatty, and many volunteers we were able to deliver our Mobile Santa Grotto to the streets of Telford and Wrekin for the two weeks leading up to Christmas.

This is now the third year that we have been able to bring our Interfaith Father Christmas to the children of the Borough. Overall, it is estimated that 2,000+ children experienced the Mobile Grotto.

We also delivered over 1,500 Selection Boxes to vulnerable children during that time.

We also gave over 200 presents to children who would overwise not receive anything due to the financial crisis that is affecting many families in our community.

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Telford and Wrekin Interfaith Council

Christmas Day Meals

On Christmas Day 2022, we prepared and delivered hot Christmas meals to over 250 vulnerable adults, many of whom were placed in homeless shelters around the Telford and Wrekin Borough, as well as elderly individuals and couples who were struggling. We were also able to hold a sit-down meal at our community Hub for those who wanted some company on the day. We provided additional treats to add an extra smile to those we served.

Over 40 volunteers from the many communities that make up the T&W Interfaith Council gave up their time on Christmas day to help prepare, serve, and deliver Christmas meals. It was again a truly ‘Interfaith Christmas’, where all came together to serve those in the greatest need.

Easter Egg Project

During Easter 2023 the Board of Trustees, with support from our volunteers wanted to continue the Easter Egg Project to support the local community, including vulnerable families and individuals.

As a result of public support and donations, we were able to deliver over 800 Easter Eggs to vulnerable individuals and families across the borough. Our Easter Smile campaign has been a great success for the third year running. The smiles on each child’s face is the reason why our volunteers love this project.

Finance: Funding, Donation and Grants

Funding and donations for 22/23 financial year have been received from several sources, including:

Approved by order of the board of trustees on 26 March 2024 and signed on its behalf by:

Cllr R Mehta - Trustee

Page 4

Telford and Wrekin Interfaith Council

Statement of Financial Activities

for the Year Ended 31 May 2023

31.5.23
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
249,804
Other trading activities
2
3,792
Total
253,596
EXPENDITURE ON
Raising funds
3
90,482
Other
78,594
Total
169,076
NET INCOME
84,520
RECONCILIATION OF FUNDS
Total funds brought forward
156,929
TOTAL FUNDS CARRIED FORWARD
241,449
31.5.22
Total
funds
£
267,137
2,000
269,137
102,106
74,266
176,372
92,765
64,164
156,929

The notes form part of these financial statements

Page 5

Telford and Wrekin Interfaith Council

Balance Sheet

Balance Sheet
31 May 2023
31.5.23
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
6
37,748
CURRENT ASSETS
Cash at bank and in hand
203,701
NET CURRENT ASSETS
203,701
TOTAL ASSETS LESS CURRENT
LIABILITIES
241,449
NET ASSETS
241,449
FUNDS
7
Unrestricted funds
241,449
TOTAL FUNDS
241,449
31.5.22
Total
funds
£
37,360
119,569
119,569
156,929
156,929
156,929
156,929

The financial statements were approved by the Board of Trustees and authorised for issue on 26 March 2024 and were signed on its behalf by:

R Mehta - Trustee

The notes form part of these financial statements

Page 6

Telford and Wrekin Interfaith Council

Notes to the Financial Statements

for the Year Ended 31 May 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from tax on its charitable activities.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2. OTHER TRADING ACTIVITIES

OTHER TRADING ACTIVITIES
31.5.23 31.5.22
£ £
Other revenue 3,785 2,000
Interest income 7 -
3,792 2,000

continued...

Page 7

Telford and Wrekin Interfaith Council

Notes to the Financial Statements - continued

for the Year Ended 31 May 2023

3. RAISING FUNDS

Raising donations and legacies

Support costs 31.5.23
£
90,482
31.5.22
£
102,106

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2023 nor for the year ended 31 May 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 May 2023 nor for the year ended 31 May 2022.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 267,137
Other trading activities 2,000
Total 269,137
EXPENDITURE ON
Raising funds 102,106
Other 74,266
Total 176,372
NET INCOME 92,765
RECONCILIATION OF FUNDS
Total funds brought forward 64,164
TOTAL FUNDS CARRIED FORWARD 156,929

continued...

Page 8

Telford and Wrekin Interfaith Council

Notes to the Financial Statements - continued

for the Year Ended 31 May 2023

6. TANGIBLE FIXED ASSETS

COST
At 1 June 2022
Additions
At 31 May 2023
NET BOOK VALUE
At 31 May 2023
At 31 May 2022
7.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
TOTAL FUNDS
Motor
vehicles
£
34,000
-
34,000
34,000
34,000
At 1.6.22
£
156,929
156,929
Incoming
resources
£
253,596
253,596
At 1.6.21
£
64,164
64,164
Computer
equipment
Totals
£
£
3,360
37,360
388
388
3,748
37,748
3,748
37,748
3,360
37,360
Net
movement
At
in funds
31.5.23
£
£
84,520
241,449
84,520
241,449
Resources
Movement
expended
in funds
£
£
(169,076)
84,520
(169,076)
84,520
Net
movement
At
in funds
31.5.22
£
£
92,765
156,929
92,765
156,929

continued...

Page 9

Telford and Wrekin Interfaith Council

Notes to the Financial Statements - continued

for the Year Ended 31 May 2023

7. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
269,137
269,137
Resources
Movement
expended
in funds
£
£
(176,372)
92,765
(176,372)
92,765

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
At 1.6.21
£
64,164
64,164
Net
movement
in funds
£
177,285
177,285
At
31.5.23
£
241,449
241,449

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
522,733
522,733
Resources
Movement
expended
in funds
£
£
(345,448)
177,285
(345,448)
177,285

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 May 2023.

Page 10

Telford and Wrekin Interfaith Council

Detailed Statement of Financial Activities for the Year Ended 31 May 2023

Detailed Statement of Financial Activities
for the Year Ended 31 May 2023
31.5.23 31.5.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 64,717 57,018
Grants 166,992 204,523
Hire cost 18,095 5,596
249,804 267,137
Other trading activities
Other revenue 3,785 2,000
Interest income 7 -
3,792 2,000
Total incoming resources 253,596 269,137
EXPENDITURE
Other
Charitable activities 76,495 72,398
Light & heat 2,099 1,868
78,594 74,266
Support costs
Management
Rent 14,070 12,260
Travelling expenses - 1,664
Insurance 798 985
Motor expenses 5,478 3,937
Telephone 2,961 365
Postage and stationery 3,746 368
Advertising 1,038 1,277
PPE costs - 691
Repairs & maintenance 46,178 63,926
Pointguard Consultancy 14,075 12,000
88,344 97,473
Finance
Bank charges 35 -
Information technology
Computer costs 2,103 4,633
Total resources expended 169,076 176,372
Net income 84,520 92,765

This page does not form part of the statutory financial statements

Page 11