Charity registration number 255354
THE INAYATIYYA UK
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
THE INAYATIYYA UK
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Eve Salomon (Appointed 14 September 2024) Angela Gruber (Appointed 14 September 2024) Kimberley Hanna (Appointed 14 September 2024)
Charity number 255354 Principal address Beauchamp Lodge 2 Warwick Crescent London W2 6NE Independent examiner James Todd & Co Limited 24 Landport Terrace Portsmouth Hampshire England PO1 2RG
THE INAYATIYYA UK
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 14 |
THE INAYATIYYA UK
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MAY 2024
The trustees present their annual report and financial statements for the year ended 31 May 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Constitution, the Charities Act 2011 and "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
The Charity has been established for the advancement of religion through
1) the study of comparative religion from a standpoint unbiased by any particular dogma or creed;
2) the organisation and publication of research into the learning of the esoteric and mystical schools attached to the world religions, including that of the Sufis;
3) the establishment of mutual tolerance, understanding and co-operation between the religions of the world.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Our regular Monday nights have continued online, so that more teachers can offer classes, and more people can attend who would otherwise be unable to travel all the way to London. The London Sufi Centre continues to offer a monthly gathering in person on a Saturday as a way of recreating a sense of community and enjoy shared time together reflecting on Hazrat Inayat Khan’s teachings.
Universal Services, Zira’at Lodges, Healing Circles, Knighthood and Kinship circles continue to be offered both online and in person with a number of generally-focused local groups meeting weekly and monthly across the UK. Leaders training continues to unfold thanks to the tireless work of Noor-un-Nisa Jacobs, Tajalli Gruber and others.
The Secretariat in London continues to share information on the Inayatiyya UK and its activities via regular e- mailings, the website and via our Facebook and Instagram channels. A new platform has been developed which we hope will launch us into a more modern chapter of our journey as a Charity. Monday evening talks and retreats at the London Centre are recorded and made available for download via the website.
Finally, when planning our activities for the year, the Sufi Order UK have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
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TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
THE INAYATIYYA UK
Financial review
At 31 May 2024 the charity had £48,693 in general unrestricted funds, an increase on the previous end of year balance of £21,376. This bounce back from the previous year is a result of the initiatives taken by the trustees to mitigate the financial risks following the loss of revenue as a result of the pandemic, namely the extra online classes, Summer Retreat, and Pir Zia's seminar. In addition, the new online payment platform has proved to be an easy and effective way of collecting donations for our online classes and workshops.
In September 2023, Pir Zia, the Pir of the Inayatiyya globally, presented a weekend's seminar in London which attracted over 200 people from across the UK and internationally. Recordings of his teachings were made available for download online. He will be visiting us again in September 2025.
Going forward, there are plans to reintroduce weekly in-person gatherings in London, and make our weekly online classes more attractive and accessible to a potentially larger group of people.
Another visit from Pir Zia in September next year is expected to bring in additional income. The nature of his biannual visits means that we can expect to see a regular pattern of annual income dips and rises, but the trustees are pleased to report that the underlying trend is upwards.
Reserves policy
The purpose of the Inayatiyya UK's reserves policy is to ensure that it is able to meet its contractual obligations and to finance new initiatives of the charity. The Trustees believe it is necessary to ensure a sufficient reserve to cover any losses incurred through the running of the retreats. The Trustees review the level of the reserves annually.
Investment policy and objectives
These are governed by the Constitution which permits the funds to be invested in or upon such investments as may be thought fit.
Structure, governance and management
The Inayatiyya UK (formerly known as Sufi Order (U.K.)) was formed by a constitution, dated 15th February 1968, as amended 25th November 1994. An updated constitution was agreed at the AGM held on 13 September 2024.
| The trustees who served during the year and up to the date of signature of the financial statements were: | The trustees who served during the year and up to the date of signature of the financial statements were: |
|---|---|
| Pir Zia Inayat Khan | (Resigned 14 September 2024) |
| Nigel Hamilton | (Resigned 14 September 2024) |
| Sarida Brown | (Resigned 14 September 2024) |
| Aziz Dikeulias | (Resigned 14 September 2024) |
| Noor-Un-Nisa Paula Jacobs | (Resigned 14 September 2024) |
| Michael Kenton | (Resigned 14 September 2024) |
| Eve Salomon | (Appointed 14 September 2024) |
| Angela Gruber | (Appointed 14 September 2024) |
| Kimberley Hanna | (Appointed 14 September 2024) |
Recruitment and appointment of new trustees
Trustees are appointed by agreement of the members at their AGM on the recommendation of the current or outgoing trustees. After many years of service, the outgoing trustees have handed over to three new trustees who expect to be joined by one or two more over the coming period. The day to day running of the charity is managed by Sasha Young who has indicated her desire to step down and concentrate on her professional career. The new trustees are recruiting for her replacement.
All expenditure and decisions on major items and activities require trustee approval. In considering a prospective new trustee their knowledge of the Inayatiyya UK's work, their contribution to that work; whether their membership would improve the representation of London vs the rest of the UK and whether it would improve the balance of male/female trustees.
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THE INAYATIYYA UK
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
Organisational structure
The membership meets annually to review the finances and activities of the previous year. Motions, proposals and changes are voted on by the members. Members of the Board meet regularly to oversee the management, consider risks and consider ongoing strategy. They are alsoresponsible for running the classes, retreats and seminars.
Risk management
The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to mitigate those risks.
The trustees' report was approved by the Board of Trustees.
Eve Salomon
Trustee
29 October 2024
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THE INAYATIYYA UK
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE INAYATIYYA UK
I report to the trustees on my examination of the financial statements of The Inayatiyya UK (the charity) for the year ended 31 May 2024.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning 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 fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
James Todd & Co Limited
Mrs J D Watts FCCA, ACA
24 Landport Terrace Portsmouth Hampshire PO1 2RG England
Dated: 29 October 2024
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THE INAYATIYYA UK
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MAY 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income and endowments from: Donations and legacies 2 6,434 1,938 Charitable activities 3 73,797 665 Investments 4 61 - Other income 5 - 900 Total income 80,292 3,503 Expenditure on: Charitable activities 6 51,736 2,646 Other expenditure 10 1,239 103 Total expenditure 52,975 2,749 Net income and movement in funds 27,317 754 Reconciliation of funds: Fund balances at 1 June 2023 21,376 6,730 Fund balances at 31 May 2024 48,693 7,484 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 8,372 17,254 1,653 74,462 1,834 2,006 61 12 - 900 - 100 83,795 19,100 3,759 54,382 17,065 4,516 1,342 331 67 55,724 17,396 4,583 28,071 1,704 (824) 28,106 19,672 7,554 56,177 21,376 6,730 |
Total 2023 £ 18,907 3,840 12 100 |
|---|---|---|
| 22,859 | ||
| 21,581 398 |
||
| 21,979 | ||
| 880 27,226 |
||
| 28,106 |
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THE INAYATIYYA UK
BALANCE SHEET
AS AT 31 MAY 2024
| 2024 Notes £ Fixed assets Tangible assets 12 Current assets Debtors 13 9,170 Cash at bank and in hand 60,624 69,794 Creditors: amounts falling due within one year 14 (14,359) Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 15 Unrestricted funds 16 |
2023 £ £ 742 10,397 30,140 40,537 (13,359) 55,435 56,177 7,484 48,693 56,177 |
£ 928 27,178 |
|---|---|---|
| 28,106 | ||
| 6,730 21,376 |
||
| 28,106 |
The financial statements were approved by the trustees on 29 October 2024
Eve Salomon Trustee
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
1 Accounting policies
1.1 Accounting convention
The financial statements of the charity, which is a public benefit entity under FRS102, 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.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
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.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
1 Accounting policies
(Continued)
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.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Furniture and equipment 20% on cost
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
Debtors
Short term debtors are measured at transaction price (which is usually the retail or invoice price), less any impairment losses for bad and doubtful debts.
Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad or doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Loans and other financial liabilities are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
1.9 Taxation
The charity is exempt from tax on its charitable activities.
2 Income from donations and legacies
| Unrestricted Restricted funds funds 2024 2024 £ £ Donations and gifts 5,147 620 Legacies 1,287 - Membership fees - 1,318 6,434 1,938 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 5,767 15,011 228 1,287 2,243 - 1,318 - 1,425 8,372 17,254 1,653 |
Total 2023 £ 15,239 2,243 1,425 |
|---|---|---|
| 18,907 |
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
2 Income from donations and legacies
(Continued)
- 3 Income from charitable activities
| Unrestricted Restricted funds funds 2024 2024 £ £ Advancement of religion Services provided under contract - 665 Other income 73,797 - 73,797 665 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 665 - 2,006 73,797 1,834 - 74,462 1,834 2,006 |
Total 2023 £ 2,006 1,834 |
|---|---|---|
| 3,840 |
Deferred income
Deferred income in 2024 relates to a retreat that took place in August 2024. £11,340 (2023: £11,100).
4 Income from investments
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Interest receivable | 61 | 12 | |
| 5 | Other income | ||
| Restricted | Restricted | ||
| funds | funds | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Other income | 900 | 100 |
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
6 Expenditure on charitable activities
| Charitable | Charitable | |
|---|---|---|
| expenditure | expenditure | |
| 2024 | 2023 | |
| £ | £ | |
| Direct costs | ||
| Seminar and event costs | 29,534 | 1,240 |
| Universal worship | 701 | 2,679 |
| Freelance staff | 1,945 | 1,837 |
| Website design | - | 806 |
| Subscriptions | 224 | 439 |
| Gift aid write off | 2,876 | - |
| 35,280 | 7,001 | |
| Share of support and governance costs (see note 7) | ||
| Support | 17,356 | 12,101 |
| Governance | 1,746 | 2,479 |
| 54,382 | 21,581 | |
| Analysis by fund | ||
| Unrestricted funds | 51,736 | 17,065 |
| Restricted funds | 2,646 | 4,516 |
| 54,382 | 21,581 |
7 Support costs allocated to activities
| Support costs allocated to activities | ||
|---|---|---|
| Administrator's Fee Rent Insurance Telephone and Postage Governance costs Analysed between: Charitable activities |
2024 £ 14,681 - 1,330 1,345 1,746 19,102 19,102 |
2023 £ 6,657 3,417 1,204 823 2,479 |
| 14,580 | ||
| 14,580 |
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
8 Trustees
In 2024 £12,704 was paid to Pir Zia Inayat-Khan in respect of fees and expenses relating to the September 2023 seminar (2023 - £NIL).
Rent for the year of £NIL (2023: £3,417) was paid to the Centre for Counselling & Psychotherapy Education (CCPE). Nigel Hamilton, a trustee of The Inayatiyya UK, was also a director of this company until 14 September 2024.
9 Employees
The average monthly number of employees during the year was:
| The average monthly number of employees during the year was: | ||
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| Total | - | - |
| There were no employees whose annual remuneration was more than £60,000. |
10 Other expenditure
| Unrestricted Restricted funds funds 2024 2024 £ £ Financing costs 1,053 103 Other expenditure 186 - 1,239 103 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 1,156 99 67 186 232 - 1,342 331 67 |
Total 2023 £ 166 232 |
|---|---|---|
| 398 |
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
| 12 Tangible fixed assets Cost At 1 June 2023 At 31 May 2024 Depreciation and impairment At 1 June 2023 Depreciation charged in the year At 31 May 2024 Carrying amount At 31 May 2024 At 31 May 2023 13 Debtors Amounts falling due within one year: Prepayments and accrued income 14 Creditors: amounts falling due within one year Accruals and deferred income |
Furniture and equipment £ 17,701 17,701 16,773 186 16,959 742 928 2024 2023 £ £ 9,170 10,397 2024 2023 £ £ 14,359 13,359 |
|---|---|
Deferred income in 2024 relates to a retreat that took place in August 2024. £11,340 (2023: £11,100).
15 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | June | Incoming | Resources | At | 31 May | |
|---|---|---|---|---|---|---|---|
| 2023 | resources | expended | 2024 | ||||
| £ | £ | £ | £ | ||||
| Inayatiyya Healing Order | 6,730 | 3,503 | (2,749) | 7,484 |
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
| 15 | Restricted funds | (Continued) | |||
|---|---|---|---|---|---|
| Previous year: | At 1 June | Incoming | Resources | At 31 May | |
| 2022 | resources | expended | 2023 | ||
| £ | £ | £ | £ | ||
| Inayatiyya Healing Order | 7,554 | 3,759 | (4,583) | 6,730 |
Inayatiyya Healing Order UK
The Inayatiyya Healing Order UK works closely with Inayatiyya UK and together they work towards the same objectives. They merged with Inayatiyya UK at 1 June 2021 and their income and expenditure is shown within the restrictive income and reserves column as the income raised by the trustees under the banner of Inayatiyya Healing Order UK are not for the general unrestricted use of Inayatiyya UK.
The transfer to the restricted fund relates to the opening balances held by Inayatiyya Healing Order UK on their first integration with Inayatiyya UK on 1 June 2021.
16 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At General funds Previous year: At General funds Analysis of net assets between funds At 31 May 2024: Tangible assets Current assets/(liabilities) |
1 June 2023 Incoming resources Resources expended At 31 May 2024 £ £ £ £ 21,376 80,292 (52,975) 48,693 1 June 2022 Incoming resources Resources expended At 31 May 2023 £ £ £ £ 19,672 19,100 (17,396) 21,376 Unrestricted Restricted Total funds funds 2024 2024 2024 £ £ £ 742 - 742 47,951 7,484 55,435 48,693 7,484 56,177 |
|---|---|
17 Analysis of net assets between funds
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THE INAYATIYYA UK
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MAY 2024
17 Analysis of net assets between funds
| Analysis of net assets between funds | (Continued) | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | ||
| 2023 | 2023 | 2023 | |
| £ | £ | £ | |
| At 31 May 2023: | |||
| Tangible assets | 928 | - | 928 |
| Current assets/(liabilities) | 20,448 | 6,730 | 27,178 |
| 21,376 | 6,730 | 28,106 |
18 Related party transactions
Related party transactions have been shown in note 8.
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