i Muntada AL MUNTADA AL ISLAMI TRUST ANNUAL TRUSTEES REPORT DECEMBER 31, 2022 Charity Reg. No. 293355 7 BRIDGES PLACE LONDON SW6 4HW
Contents Fortvord......................................................................................................................................... Cholrmon's re ort......................................................................................................................... 2.1 Vision Statement................................................................................................................................... 2.2 Mlsslon Siatement................................................................................................................................ 2.3 Ob'ertive5............................................................................................................................................. 2.4 Bac round........................................................................................................................................... 2.5 structure Governance & Mana ernent................................................................................................. Indurtlon o rrustees..................................................................................................................... 3.1 Le al and Administrative Information................................................................................................... 3.2 Rlsk Mana 3.3 Publi¢ BertefitSt*emenL...................................................................................................................... 3.4 Promoiin ement................................................................................................................................. Education 3.5 p rDmotin 3.6 Local Commun En ement....................... .8-9 Current Pro erts............................................................................................................................io 4.1 H&F Faith FoNm................................................................................................................................. 10 4.2 Safer nei 4.3 Z3kaat...................................................................................................................................................10 5. A¢hievement5 0 5.1 staff redundantles................................................................................................................................. 11 5.2 Guest S eaker........................................................................................................................................ Ll hbourhood word .10 the Yeor............................................................................................................... 11 5.3 Volunteers In artlons......................................................................................................................... 11-13 5.4 Outside events.......................................................................................................................................14 5.5 Youth artivities..... 5.6 Shelter home vlsll..................................................................................................................................15 5.7 Remembran¢e .14 . 16-17 Plun5 orthe Future........................................................................................................................17 6.1 Youth Centre.......................................................................................................................................... 17 6.2 Mental hÈakh commun 7. IntemolAuditor's Re 7.1 Financial Re 18 .19 .20-36 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Forward The Board trustees are pleased to present this Annual Report and financial statements for Al Muntada Al 151ami Trust for the period from I, January 2022 to 31" December 2022 With the aftermath of Brexit, Covid-19 pandemic crisis and now with Ukraine war inflation is rising and inevitably causing severe strains as household budgets are impacted. Again, it remains a challenge for many organisations such as our own struggle to operate as economic pressures prevail. The spiralling energy crisis has also taken hold dominating rising costs. This along with the country's economic pressures have come into play continue to force a downturn in our resources and that of others. Reducing costs and overheads on budgets is evermore scrutinised in order to make possible essential savings. Strategies are being explored to help with some of these financial shortfalls. Namely generating sufficient funds from our supporters to help support our projects continue to be hard to come by although strategies have been implemented to ease some of these difficulties. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Chairman's Report In somewhat a sombre light, I present the Annual Report for Al Muntada Al st Islami Trust for the period l January to 31 December 2022. This year remained a particularly challenging year again due to lack of funding as the economic effect of Covid-19 on the community. The Trust used its limited available funds carefully and remained focused on its objectives of delivering its vital services to those in need. Progress is being made to improve safety, quality and sustainability of those services provided by the Trust through our partners. The Trust remains in close contact with its local partners at the Hammersmith & Fulham Council, third sector organisations, police, and others to ensure that we play a regular active role in discussions that affect our local community. Credit for this goes to all our staff and volunteers who have worked tirelessly making this possible due to their unfettered commitment and support during these very diff icult times. My thanks and deep appreciation goes out to them all. l also wish to express my sincere thanks to our body of Trustees both past and present, for their continued guidance in shaping to help develop the Trust's future priorities and services that are so important to the community we have privilege to serve. Since the gradual easing of restrictions during the summer the centre had begun to resume its normal operation of services provided to the community much to everyone's relief. However, towards the end of this year we now hear about the emergence of the fast spreading Omicron coronavirus variant appearing in South Africa and has already reached our shores in the UK. This becomes an ever more worrying concern for our community and whether measures are to be implemented restricting access to places of worship. In November 2021, the Board of Trustees were physically able to have its first face to face AGM since the lockdown was lifted. All existing projects were reviewed and evaluated. For some time now the Board has been exploring how the centre can be best used to serve its purposes and challenges that lie ahead for the forthcoming years in terms of facilities and the role it can play in helping to reduce its carbon footprint. Energy efficiency has become a key issue in view of the impending climate change that the world is facing and the effect it will have on generations to come. In the coming years it is hoped that material modifications and development can bring about a practical and healthy way of being more sustainable for our future community needs. Chairman, Saeed Al- Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Vision Statement to be a leading Islamic Centre and a role model charity in delivering educational and Da'wah activities. Mission Statement promoting excellence in providing educational and Da'wah activities Objectives l. The advancement of the151amic religion in accordance with the Quran and the Sunnah 2. To relieve poverty within the Muslim community,. 3. To advance religious education of Muslims; 4. To provide, or assist in the provision of, facilities for recreation or other leisu re-time occupation activities, in the interest of social welfare. 5. To provide the necessary services for other charities such as HR, IT and Financial Services. 6. To provide Hajj and Umrah services for the Muslim community in the UK. Background Al-muntada Al-lslami Trust Was established in 1986 as an independent organisation catering for the UK Muslim Community. During the last 36 years the Trust has expanded its work on a global level with the aim of running educational programmes, alleviating poverty-both its causes and symptoms, clarifying misconceptions about Islam and Muslims and generally to facilitate the needs of different communities through local initiatives. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
STRUCTURE, GOVERNANCE AND MANAGEMENT Board oé Trustee Transformatio n programme General Manager Finance IT Manager 1rf1ohamine operational Manager Fundrasing Ycuth Centre Muhammad WomÈn Centr Mosque Musa AQAcademv Al Muntada Al Islami Trust is a registered charity under the Laws of England & Wales regulated by the Charity Commission. The Trust was founded in 1985 and became formally registered with the Charity Commission in 1986. All members of the board are appointed and are committed to serving the Trust by fulfilling their roles as Trustees in keeping with its Trust Deed. Currently serving trustees are: l. Dr Saeed Al-Ghadi (Chairman) 2. Mr Salah Taifoor 3. Mr Abdullah Al-Bagieh 4. Mr Abdul Hakeem Montague Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Induction of trustees All of our trustees are volunteers. They are chosen because they have the diverse range of skills, knowledge and experience that Al Muntada Al Islami Trust needs to respond to key challenges. Stakeholders and partners may nominate trustees, and sometimes we will make a personal approach to potential candidates. To ensure that the charity benefits from a professional and dynamic board, trustees are provided with a comprehensive induction and on-going training in new or emerging areas of responsibility. New trustees receive a full overview of the strategic and operational functions, as well as 3 welcome pack which includes a copy of Trust's Constitution, financial statements, Board Meeting Minutes and Charity Commission guidance"The Essential Trustee., Trustees play a significant role in the running of the charity and are always expected to keep up to date in the charity world this also includes keep abreast of "Charity Commission News" and other updates as and when they appear on the commission's webslte. They are also encouraged to help identify any gaps in their training needs. The Director also keeps trustees up to date with changes in regulatory standards and training possibilities. LEGAL & ADMINISTRATIVE INFORMATION Charity Name Charity Number Registered address Accountant's name and address Al Muntada Al Islami Trust Charity No: 293355 7 Bridges Place London SW6 4HW KWSR & Co 136 Merton High Street London SW19 IBA Solicitor's name and address Khalid Sofi Lee Bolton Monier-williams l The Sanctuary Westminster London SWIP 3JT Al-Rayan Bank PO Box 12461 Birmingham B16 6AQ Banker's name and address Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Risk Management The Trustees have a duty to identify and review the risks to which the charity is exposed to and to ensure appropriate controls are in place to provide to provide reasonable assurance against fraud and error. The Trustees actively review the major risk to which Al Muntada Al Islami Trust is exposed to on a regular basis, in particu lar those related to its operations a nd finances. There is a Risk Register system in place to review these risks and adequate steps are being taken to mitigate these risks. Public benefit statement It is estimated that there are around three million Muslims living in the United Kingdom, many of whom have been born and raised in the U.K. Al Muntada Al Islami Trust manage5 to help provide much needed essential services to the diverse community almost every day of the year. We have around 2500 people from all walks of life attending the centre each week to fulfil their religious obligation and find peace of heart and tranquillity which many of whom come from socially, emotionally and economic311y disadvantaged backgrounds. Plans are being studied as to how the Trust can modernise and make physical improvements to the centre for visitors. The centre is a very old building, in part pre-war and with later 1960's additions. However, the Trust continues to consult with professionals to see where changes and adaptations could be made to improve accessibility for disabled users of the centre. It is also hoped that redesigning parts of the building will make it more energy efficient and thereby help reduce the carbon footprint. Security has been a point of focus in the last few years due increased reported incidents of hate crime and Islamophobia in London. As we hear more and more reports about terrorist attacks taking place and also Islamic centres becoming a target too for those extremists who wish to cause harm wherever they strike. The Trustees and management have regularly reviewed the security measures to ensure our staff, volunteers, visitors and neighbours are safe from harm. The centre's philosophy is to engage and enhance good community relations stands good testament to being an open place for outreach where all can benefit particularly those in need of support. Excellent community relations continue to thrive with the local police and residents which resulted in developing a common understanding over the past 30 years much to the centre's management. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Trusts, activities focuses on the following main areas: Promoting education To promote Islamic educational services, Islamic awareness and to address misconceptions while aiming to develop and preserve the Muslim identity. To raise the standard of Islamic education in the UK; To provide access to Islamic education for 311 ages in an Islamic environment through lectures, seminars and conferences; To instil Islamic values and principles in our children enabling them to attain the highest level of morality though organi5ing youth awareness programmes and activities. Promoting faith {Dawah) To direct Muslims towardslslam and to invite non-muslims to have a better understanding of Islam and Muslims. To provide practical solutions to various problems and issues experienced by Muslims living in the UK through counselling and marriage and relationships and mediation. To develop and nurture Muslim youth to attain their full potential through offering volunteering and training opportunities. Local community Creating a strong Muslim community that engages cohesively with the wider society. Provide a full range of community services both locally and nationally. Engage in dialogue with government, Muslim and non-muslim organisations in forwarding the Muslim perspective in all relevant Issues in orderto create a more just and tolerant society. Creation of Connections of Hope Foundation Connections of Hope Foundation has been formed as a new separate registered charity and is being developed to oversee regulatory and compliance issues that affect the Trust and its associated organisations. This has now been permitted to take over the role of the Trust's former DCD department. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Former Hajj and Umrah Services {Pilgrimages) We were informed that the Ministry of Hajj authorities were changing the way pilgrims are able to make their Hajj travel arrangements. As a result, we like others were no longer in a position to offer this service as the establishment of an on-line porthole meant that its done directly with the pilgrim themselves. The Trust is proud to have been able to help arrange pilgrimages for this special spiritual event for over twenty years by providing guidance and facilitation of this religious duty that Muslim5 are required to perform. Community Engagement Since the lockdown measures were implemented all community engagements have been held virtually either through Zoom or Teams aps. However, at our request we had a few physical visits from H&F Environment department to help and assist us with some local issues. They have been very supportive in responding to our needs. The Trust in it5 capacity as a loca Ily respected organ isation actively participates in supporting and improving the borough's initiative of community engagement. A significant amount of time is invested in this as the Trust is a fervent believer in participating and developing good community relations where it feels it can bring about positive changes to society at large. The Trust continues to strive in this since the emergence of the Community Relationship Group and even before that in the early pioneering days of community cohesion. Members of the Trust regularly continued to participate in monthly council meetings with other local organisations discussing local issues and needs affecting communities, meeting agencies providing support, feeding responses to central government about community concerns, providing community updates, local initiatives and progress reports that take place virtually. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
io H&F Faith Forum The Trust has continued to engage with the Hammersmith & Fulham Communities Faith Forum since the time it was first established. Helping to take the pu15e of the local Muslim community, taking stock of concerns through regular discussions and updates and sharing information of good practice with other faith groups and council leaders. Safer Neighbourhood Ward Panel As a major community organisation, which represents the interests of the local Muslim population the Trust plays an important part in engaging with the local Town Ward Safer Neighbourhood team, which has been running for many vears. The purpose is to monitor the level of crime in the ward, discuss issues about nuisance that affecting the local neighbourhood and local policing matters. The Trust is also concerned about the general wellbeing of the community and the safety of its local worshippers. The centre promotes the local Town Safer neighbourhood team of officer5 that patrol the streets and regularly encourage the drop in touch base commitments that they provide. A fluid relationship has been developed over many years through events and contacts with senior and local serving off icers. Since the lockdown we receive regular updates from our local neighbourlv contact Annabel Cottrell who endeavours to keep all members up to date with issues of concern. We also obtain news feeds from our local BCU Commander Chief Superintendent Helen Harper on any serious issues that may affect the community. Zakaat Zakat is one of the Five Pillars of Islam- one of the foundations on which the rest of the religion can grow, both collectively and individually. We believe that Zakat Strengthens the faith and character of the individual and build up the collective commitment and contribution of those who believe. We believe it provides foundation to flourish as a real commitment to our creator that inspires us to strive for pr05perity, harmony and justice for all. We, at Al Muntada Trust, understand the sacred importance of Zakat and know who is eligible to receiving it according to the Quran and Sunnah. We also believe in the importance of looking afterthe needy in the wider community, irrespective of fa ith or origin. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
li Events / Achievements of the year Staff Redundancies Unfortunately, with the onset of the pandemic the Trust took the difficult decision of making some of its Staff redundant due to the financial impact of the Covid-19 virus. Ways were studied in which money could be saved in reducing costs and expenditure in order to remain sustainable for providing services to the community. Guest Speaker Guest Speaker Sheikh Mohammed Saleh who delivered a Friday sermon at the Trust. .IriuM-IA Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
12 Volunteers in Action Trust volunteers helping the neighbourhood by cleaning and removing weeds Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
13
14 Outside Events Our trustee with other centre CEO'S at London Central Mosque in remembrance of Her Majesty Queen Elizabeth11 who had sadly passed away in September. Youth Activities Youth centre Barbeque activity at the rear of the centre. WE PRIIIARY ¥HQQL Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
15 Sheltered Home Visits Occasional visits are made to frail members in our community who are physically less able to get about due to their age and underlying medical conditions. A visit was made to Br. Jamil (James} Pasqual of 99 years of age.
16 Remembrance Sunday 13 November 2022 Our Trustee, Abdul Hakeem Montague, representing the Muslim Community in Fulham took part in this year's Remembrance Sunday parade with Hammersmith & Fulham Council leaders. Many Muslim soldiers have served, fought and died during the world wars whilst serving the United Kingdom forces. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
17 Credit- Matt Grayson Plans for the future Youth Centre The Trust appreciates the importance of maintaining the longevity of having youth progr3ms running in the local community. There have been seasonal activities held here at the centre for a great many years but always fell short of being long term in nature. The trustees recognizing this need gave their green light for establishing a specif ic a rea set inside its centre for holdi ng youth programs and activities. The former restaurant area on the lower ground floor has recently been refurbished to accommodate space for this particular community need. The plan is to enable boys and girls at separate times to make full use of the facility. This will allow them to feel that they have a place in the neighborhood where they can connect and get involved with beneficial activities to learn new skills and opportunities with their peers. A full program is being developed to take this forward. The space will include a ventilated keep fit and break out area with a kitchenette facility. We anticipate the youth centre will be operational in the new year with DBS checked youth leaders ready to commence their activities. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
18 Mental Health in the Community Informal discussions took place with Sobus, a local community organisation in Fulham, to see whether it would be possible to arrange for some training in mental health issues. Since the pandemic there has been a noticeable rise with people experiencing mental health problems. It is hoped that training can be held at this centre during the course of the new year to understand some of the conditions and underlying factor5 and how best to tackle these occurrences when they manifest and are encountered in the local community. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
19 Independent Examiner's Report to the Trustees of Al Muntada Al Islami Trust I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 which are set out on pages 2 to 43 Re£ponsibilitie£ and ba£1£ ()f repnrt As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'the Act'l. I report in respect of my examination of the charitvs accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because I am a member of Institute of Chartered Accountant for England & Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the accounts do not accord with those records,. or 3. the accounts 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 3ccounts 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 accounts to be reached. Signed.. u UL- KWSR & CO LTD Isep 27. 2023, 9 20aml Susan Rahman Statutory Auditor ICAEW Address: KWSR & CO Ltd 136 Merton High Street London SW19 IBA UNITED KINGDOM Date 18 September 2023 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
20 Financial review Income and expenditure overview The financial slalemenls have been prepared in a¢cordance with the ac¢ounling policies sel out on the financial statements part of the report and comply with applicable laws and requirements of the 'Accounting and Reporting by Charities.. Statement of Recommended Practice, (Charities SORP (FRS102)} issued by the Charity Commission. Income The Charity's total IJ)come for the year was £267,454 down by 41 % compared to (2021: £454,026), the fall of income due to rise in cost of living impact on the charity donors and the closing down of travel department which it was major source of income. 2018 2019 2020 2021 1,419,668 1.382.878 354,543 454,026 244,692 8,470 2022 267,454 Variances -41 /0 UDre5tricted income Restricted incotne Five Years, Income Chart 1,382,878 1,419,668 I,soo,000 I,000,(N)O 454,026 500,IKMI 244.692 54,543 267,454 8,470 2018 2019 2020 2021 2022 Unrestricted income Resrricted income Expendlture Total charity expenditure for the year ended 31 December 2022 was £362.982 down by 5Yo,12021- £380,516). The charity expenditures was high compared to the level of income and chaiity activities, the main reason is the increase in utilities prices and the increase in minimum wages. 2018 2019 2020 2021 2022 Variances Unrestricted expenses 1,796.317 1,416,455 386,139 380,516 342.982 -5% Restricted expenses 232,657 41,354 20,000 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
21 Five years expenses trend 2.000,000 1,500,000 I,(NJo,000 500,000 Unrestricted expenses Restricted expenses 2018 2019 2020 2021 2022 Balance sheet, reserves and cash The charity net asset12022.. £859,6981 position has declined by IO%12021: £955,225) reflecting the The Trust cash situation has decline by 81%12022.. 26,4901,12021.. £135,0571. The trustees consider the cash remaining balance as sufficient to support the operational requirements of The Trust for the next twelve months. Trustees assessment of Golng Concern The trustees had assisted the charity cash position, the assessment indicate the existence of a uncertainty which may cast significant doubt about The Trust ability to continue as a going concern, therefore, The Trust will continue follow previous year plans to restructure the operations and reduce the workforce to the limit that will reverse all the deficits in the very near future. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
22 Charity Name Al Muntada Al Islami Trust Charity No Company No 293355 Annual accounts for the eriod Period start date 0110112022 To Period end date 3111212022 Section A Statement of financial activities (including summary income and expenditure account) Recommendèd categorles by actlvlty UnrÈstricted funds Restricted income fvnds Endowment funds Prior year funds Totsl funds Income (Not• 31 F01 F02 F03 F04 F05 Income and endowments from.. Donation8 and18¢le8 186,675 1,400 188,075 255,846 Charitab18 activities Othertrading activities 79,379 79,379 70,103 Separate material item of incorne Other 128,078 Tot81 266,054 1,400 267,454 454,026 ExpendItu (Notes 41 Expènditure on= Raising funds Charitabl& actiwties 342,982 20,000 382,982 380,516 Trading Activities Other Total 342.982 20.0 362.982 380.516 Net incomellexpenditurel before tax for the reporting period (76,9281 118.6001 195,5281 73.510 ReconcllAatlon of funds.. Total funds brought foNard 194,9881 112,749 937.466 955,227 881,717 Total funds ¢enY8d fonv8rd 1171,9161 94,149 937,466 859,698 955,227 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
23 Charity Name Al Muntada Al Islami Charity No 293355 Section B Balance sheet as at 31-12-2022 Unrestricted funds Restrlcte d Income funds Endowment funds Total last year Total thls year Fixed 8ss8ts F01 F02 F03 F04 F05 Tangibl8 assets (Not8 51 2.068 937.466 939.534 940.224 Total Xed assets 937,466 939,534 940,224 urrent asset5 Debtor5 (Note 6.2&6.31 73.646 73,64 72,694 Cash at bank and in hand (Note 6.11 26.490 26,4 135.057 Tot41 ¢uThent assets 100.135 100.135 207,751 reditors.. 3rnount5 falling due within one year (Note 7.1 & 7.21 171.222 171.2 183.9 Net¢uffentassetsl(IlebllltlesJ 171.087) 171,0871 23,752 Tol81 assets less currentllabllltles 169.0191 937A66 868.448 963,975 Credltors.. amount8 falllng due after one year INtstÈ 7.11 8,750 8,750 8,750 Provlslons for IlablllUe$ Total netassets orliabilities 177.7691 937,466 859,698 955,225 Funds of the Charity Endowmentfund$ (Note 81 937,466 937,468 937,466 Restricted income fund8 (Note 81 94,149 94,149 112,749 Unrestritted fund$ 1171.9161 194,9881 Total fvnds 1171.9161 94149 937A66 859.698 955,225 Chairman Dr. Saeed AIGhadie 2010912023 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
24 Charity Name Al Muntada Al Islami Trust Charity NO 293355 Stslement of Cash Flows Ix the Year Ended 31 Dettmber 2022 2022 2021 Re¢on¢iliotion of net in¢omellexpenditurel lo net ¢ash flow N81 Inccm&llexp8ndilurel for the reporting period a8 par the 81at8m8nl of 195,5281 73,510 Adjustment for. Depreciation 689 919 De¢reasÈllin¢reasÈl in dÈbtors 19521 1Decrea8eyincase in creditors 112,7771 Net cash provided by lused inl operating activitie5 108,568 Opening Cash and Cash equpi8lenls 135.057 132.525 Closing Cash and Cash equivalents 26.490 135.057 Net Increa88 I Id8cr&asel In ca8h and cash 84uival&nts 1108.5681 2,533 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
25 Section C Notes to the accounts Accounting policies al Basis of preparation The financial slalements of the Charity, which is a public benefit entity under Financial Reporting Standard 102, have been prepared under the historical cost convention in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland IFRS102} effective 1 January 2015, the 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 IFRS 102} (Charities SORP IFRS10211 and the Charities Act 2011 and Companies Act 2006. The Accounting Policies are consistent with the previous year. After reviewing the charity's forecasts and projections, the Iruslees have a reasonable expectation that the charity has adequate resources to Continue in operational existence for the foreseeable future. The charity, therefore, continues to adopt the going concern basis in preparing ils financial slatemenls. The accounts present a true and fair view and no changes have been made to the accounting policies. No changes lo accounting eslimales have occurred in the reporting period. No material prior year error has been identified in the reporbng period. Going Concern Al Muntada Al Islami Trust is currenuy going through a recovery process to strengthen ils financial resilien to continue to meet its charitable objectives. Al the same lime the charity is putting in measures to improve all aspects of ils operations including governance, financial management, human resources and compliance. The Trustees have reviewed the Charity s financial position, Since the year end, the overall income position of the Charity has Continued to improve but the unreslricled funds remain in deficit. A financial recovery plan lo commence in January 2020 is being put in place. This involves a significant review of all areas of the Charity particularly those that are making operating deficits, reducing charitable expenditure and costs at the centre. This will also enable the Charity to manage operational and financial risks SUC$sfUllY and lo allow us lo meet our strategic and operational goals over the next 12 months and the medium term. The following assumptions are made in the financial projections. The charity will be able to raise the voluntary income from donors and supporters which it has projected as there are an increasing number of supporters who are committed lo continue supporting the charity. This was demonstrated during 2020 up lo the report dale. The organisalion will focus on reviewing ils cost base to ensure il is in line with ils income projections. Despite the financial recovery plan and the associated financial and cash flow forecasts the Trustees re¢ognise that there is a material uncertainty relating lo these assumptions. These conditions indicate the existen of a material uncertainly which may cast significant doubt about The Trust's ability to continue as a going concern. The Trustees and CEO are proactively addressing the negative unrestricted funds and will continue lo have day-to-day focus on income generation and cashflow forecasts and these will be reviewed on a monthly basis. As a result of these planned changes and the commitment lo implement them the Trustees are of the view that it is appropriate lo prepare the accounts on a going concern basis. The financial ststemenls do not include the adjustments that would result if Al Munlada Trust was unable lo continue as a going concern. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
26 Section C Notes to the accounts Cont The trustees are not aware of any material uncertainties which suggest the charity cannot continue as a going concern. The accounting policies have been consislenuy applied for all material items. bl Incoming rgsourcos Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when Al Munlada Trust is entitled to the funds, reipt is probable, and the amount can be measured reliably. Gifts in Kind for which Al Munlada Trust accepts full responsibility for distribution are included in income al the value lo the charity lin the case of medicines, at the lowest value of the generic equivalent as approved by the WHO) when the g(x)d are received and under the control of Al Munlada Trust. Amounts are recognised in inventory until distributed at which point the relevant cost is released to the statement of financial activities. Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities when Al Munlada Trust is entitled to the funds, reipt is probable, and the amount can be measLJred reliably. The receipt in advance of a grant for expenditure that takes place in a future accounting period is ac¢ounted for as deferred income and recognised as a liability until the accounting period in which Al Munlada Trust will expend the resource. c) Resources expended Resources expended are recognised on an accrual's basis. Fundraising costs are those incLJrred in seeking volLJntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those Costs incurred indirectly in support of expenditure on the programmes of the Charity. Allocation of support costs and staff costs have been proportionaled lo the total of programme costs and corresponding thematic programme area. Govemance costs are those incurred in connection with adminislralion of the Charity and compliance with conslitulional and slatulory requirements. They include legal advice for trustees, cost of trustees. meetings, audit fee and inlernal audit costs. These costs are allocated in the same way as other support costs. dl Foreign ¢urrencie$ Transactions in foreign currencies are translated at the rate of exchange at the lime of the transaction. Foreign currency balances are translated al the rate of exchange prevailing at the balan sheet date. Foreign currency gains and losses are recognised through the Statement of Financial Activities for the period in which they are incurred. Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
27 Section C Notes to the accounts Cont Note 3 InGome Donations and LÈg8cie$ Total Total Unrestricted Restricted 2022 2021 Donation8 received in the UK 94,583 1.400 95,983 90,630 Gift Ad 11,075 Donation8 from fth&r charitie8 92,092 92,092 154,140 186,875 1,400 188,075 255,846 Other trading activities Totsl Total 2022 2021 Unre8tr1cted Rostrlct8d 84.579 84,579 74.502 Rental Income 15,2001 Pilgrirnage 5.200 79,379 14.3991 70,103 79,379 Others Total 2022 Total 2021 Unre8trlcted Restrlcted Job Reiejition Scheme- Furlough 102,078 26,000 H&F CollnLiI Grdnt 128.078 TOTAL INCOME 266,054 1,400 267,454 454,026 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
28 Section C Notes to the accounts Cont 4 Resources expended Totsi 2022 Totsi 2021 Dlrect Staff Support Costs Costs Costs Costs Costs Raising Funds haritsble Artivities and Trading activities Prirnary School Pilgrimage 5,771 45.843 21,192 72,807 218,974 Culuture & Social Affairs 3.000 23,832 11,017 37,849 160,2 Crisis relief projects 20.000 158.880 73.448 252.326 906 Total Charitable Activit185 and Trading acivities 28,771 228,555 105,656 362.982 380,116 Total Exp8ndituro 28,771 228,555 105,656 362,982 380,116 2022 2021 Support Costs Office Costs 89.726 78.394 11,543 2,931 G0veMan Costs 4.386 5.350 105,6S6 86,675 2022 2021 Gtsvernance Costs Audit Fee8 3,250 3,250 Meeting expenses Membership & PR Trainir L8gal fe&s 1,136 4,386 3,250 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
29 Section C Notes to the accounts Cont Note 5 Tangible fixed as5et5 5 Cost or valuatlon Freehold land & buildings Fixiures, fittings and equipment Office Equipments IT Equipments Totsl At th& beginning of th& year 937,486 88,714 108,917 13,997 1,149,094 Additions Revaluation8 Disp08al8 Tran8f8rs' At end ofthe year 937,466 88,714 108,917 13,997 1,149,094 Depreciation and impairments 'Basi5 SLorRB RB RB RB Str3ighl Line I'SL") or Re(lucing Balance I'RB I . Rate 0.25 0.25 0.25 At beginning of the year 88.494 107,939 12.438 208,871 Disposals DeptiatIOn 55 244 390 689 Impairment Transfers. At end of the year 88,549 108,183 12,828 209,560 Not book value Net book value at the beginning of the year 937,466 220 978 1.559 940,223 Net book value at the end of the year 937,466 165 733 1.169 939,534 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
30 Section C Notes to the accounts Cont NotÈ 6.1 Cash at bank and in hand 2022 2021 Short temi cash Inv08tsn8nts118s8 than 3 months maturity dat81 Short temi dep081t8 Cash at bank and on hand 26,4 135,057 Olher Total 26.490 135,057 Note 6.2 Debtors and Prepayments 2022 2021 Trade debtors 51,124 Propayment8 and accrued Incom6 Other dètors 21 Total 51.124 50,172 Note 6.3 Dlsclosure of debtor8 recoverable In more than 1 year Ilncludod In dobtors above) 2022 2021 Trade debtors Propayments and accrued Income other dèbiors 22,522 22,522 Total 22.522 22,522 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
31 Section C Notes to the accounts Cont Note 7 Creditors and accrua15 7.1 Analysls of trediiors Arnount$ falling due within gne year Amounts falling due than one yea 2022 2021 2022 Accruals for grants payable Bank loan8 and overdraft8 Trade creditor5 147.768.41 138193.62 VAT Accru818 and deferred Income Taxatlon and soclal securlty Other creditors 23,453.61 39,505.83 8,750 Total 171,222.02 177,699A5 8,750 7.2 D8forr6d Incom8 To account incc*))e to th8 correct per1 laccrual basis) Amounts falllng due wlthln one year 2022 2021 Balanc8 at the start of the rporting period Amount 8dd8d In current petlod Amount relèased to income from previous perfod8 Balance at the end of the reporting period 6.300. 16,300.001 Total 6.300 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
1111 11111 11111 1111 1111 11111
11111 11111 11111 1111 11111 11111 11111
Section C Notes to the accounts Cont Nots9 Details of certain typ68 of exp8ndituro Note 9 Feos for Audltlng of the accounts 2022 2021 Auditor's fees 3250 3.250 Nots10 Paid employees 10.1 Staff Co8t8 2022 2021 Salorie$ and wage$ 172.%7 212.128 SoGial seGurity costs 15.342 3.329 Pension costs (defined contribution pension plan) Contractors 2.961 37.285 228.555 215.457 Totsl 8tsff costs None Plea88 provlde detslls of 6xp6ndltur8 on stsff wot*lng forthe charfty whos8 contracts aro With and aro paid by a related party No employee8 recelved employee benefits lèxcludlng employer penslon cost81 for the roportlng porfod of more than £6O.000 None Please prtsvide the total 8mouni paid to key rnanagement personnel lin¢lude5 trustee5 and senior management) for their Services to the charity. £36.000 10.2 Average head count in the year This year Number Last year Number Tho parts oftho charity in which the employ885 work iernance er Total
35 Section C Notes to the accounts Cont Note11 Detailed income and expenses 2022 2021 Income Haji- Sales Standing Orders- MT Boiler 15.2001 3,074 1.000 92,092 17,868 3.177 Support Charg8s- Utili1188 Oonalions- Gener31 24,384 2.687 Donations Box88 Just Giving Other I[Me 3,229 40 1,039 2,990 Sister Activities donations Gift R&balÈ 197 Job Retentlon Scheme- Furlough Budget Support Discover Islam OH & Rent 168,458 103,000 86.480 10.000 Rent Receivable 74.579 1.400 31,503 Zakaat-ulrnaal 267,454 354.543 Ènses Bank Charges IT maintenan & Support Building maintenance ATOL fees Salari8s 203 116 213 4,682 1,728 48,613 4,987 68 Advertising & Printing Sundries & refreshment 876 Iftar Saeem Media Conf8r8nc8s and Cours8S 3.000 1.083 540 M8dia 143 Syria Crisis Z2kaal Distributed 20.000 720 Salaries Redundancy Employers N.1. Employers Pensions Manag6ment & IT f88S Business Rate Waste Management Semces BuilLling Insurance 172.967 1.129 18,965 1561 2.563 15,342 2,961 37,285 9.058 3.472 8.104 23,392 20,020 4.555 4.698 3.552 5.260 7.070 11,187 11,334 4.365 7.215 2.875 216 248 Ga8 WalÈr rate Telephone. Fax & Broadband IT Maintenance, Support & Equiptnents M8elings Exp8nses Fundraising C08t- MT M8ilShot & acloud 3,293 913 6,107 1,016 5.361 8.494 stationery & Photocopi&r Legal and Professional fees Building Maintenance, repairs & renewal 4.386 Al-muntada Al-lslami Trust Annual Trustee5 Report 2022 7 Bridges Place, SW6 4HW
36 Cleaning H&S & Fire Protection Services 13.526 1.464 32 1.259 1.313 245 MIsc8118neous Expen88S Hajj Bonuses Hospltallty Donations To Other Org Depreciation Bad Debt Write Off 9,WO 485 689 1.226 1.060 4.500 Wrll& of allotrAted overheads 362,982 386.139 195,5281 131.5961 Al-muntada Al-lslami Trust Annual Trustees Report 2022 7 Bridges Place, SW6 4HW
Issuer KWSR and Co LTD Document generated Wed, 27th Sep 2023 9:18:38 UTC Document fingerprint c3e6f990478a59d65be2ab4228928304
Parties involved with this document
Document processed Party + Fingerprint Wed, 27th Sep 2023 9:20:53 UTC KWSR & CO LTD - Signer (caf9e333335ab2df2b03e166b4207eda) Audit history log Date Action Wed, 27th Sep 2023 9:20:54 UTC Document emailed to hello@kwsr.co.uk (18.134.9.170) Wed, 27th Sep 2023 9:20:54 UTC KWSR & CO LTD viewed the envelope. (45.148.12.30) Wed, 27th Sep 2023 9:20:53 UTC This envelope has been signed by all parties (45.148.12.30) Wed, 27th Sep 2023 9:20:53 UTC KWSR & CO LTD signed the envelope (45.148.12.30) Wed, 27th Sep 2023 9:20:38 UTC KWSR & CO LTD viewed the envelope. (45.148.12.30) Wed, 27th Sep 2023 9:20:31 UTC Sent the envelope to KWSR & CO LTD (hello@kwsr.co.uk) for signing (45.148.12.30) Wed, 27th Sep 2023 9:19:48 UTC KWSR & CO LTD has been assigned to this envelope (45.148.12.30) Wed, 27th Sep 2023 9:18:58 UTC Document generated with fingerprint c3e6f990478a59d65be2ab4228928304 (45.148.12.30) Wed, 27th Sep 2023 9:18:38 UTC Envelope generated by Susan (45.148.12.30)