Muslim Charities Forum

mc

Muslim

Charities

Forum

MUSLIM CHARITIES FORUM

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2013

CONTENTS Page Administrative information Chairman's foreword Operation Manager Trustees' report

4-

11 Examiner's report 13

Statement

of

financial activities 13

Balance sheet 14

ADMINISTRATIVE INFORMATION FOR THE YEARENDED 31MARCH 2013

The Board

of

Trustees present their report and accounts forthe year ended 31March 2013.

Accounts

The accounts have been prepared in accordance with the accounting policies set out innote 1to the accounts and comply

with the charity's _governing document, applicable law and the requirements

of

the Statement

of

Recommended Practice "SORP 2005","Accounting and Reporting by Charities" issued in March 2005 and the Charities Act2012.

Charity Registration Number Charity Name

Hend Office

1126638

Muslim Charities Forum

Charity Hub 7n Flooi Westgate House Westgate London W5 1YY

Board ofTrustees Dr Hany Abdul Gawad EI-Banna, OBE Syed Lakthe Hassanain

Dr Nabeel Siddiq Al Ramadhani

Jehangir Malik, OBE

Othman Moqbel

Founding Organisations Human Appeal International Human ReliefFoundation Islamic Relief

Muslim Aid Muslim Hands

Operations Manager Communications Officer Research dc Policy Officer Admin dcMarketing Officer Financial Management Consultant

Abdurahman Sharif

Mohammad Shakir SaifUllah

Naima Korane Max Manzoor Wahid

Bankers HSBCBank pic

Birmingham Central Commercial Centre 12Calthorpe Road

Birmingham

815

IQZ

Examiners Murtaza Jessa

haysmacintyre

Fairfax House 15 Fulwood House London

Wc

1v6AY

Legal Adviser Hajj Ahmad Thomson

Wynne Chambers

259-269Old Marleybone Road London

Dear Readers

Over the past year, the Muslim Charities Forum (MCF) has continued to provide its core activities and services to the charitable community, while reflecting on how best to improve and focus its support to the Muslim charity sector. This resulted in the organisation holding a series

of

strategy workshops and consultations with our members. These consultations were critical in shaping our new vision, mission and direction.

I am pleased to see five new members

join

MCF over the past year, demonstrating a commitment and the value among organisations

of

a strong, effective and open representative body for the Muslim charitable sector. It seems that there are ever growing challenges facing the sector and only together will we be able to weather them.

MCF's

new strategic direction will help us to do just that. With research and development and communications underpinning everything that we do, the sector will be armed with facts and evidence to support our training, capacity-building and advocacy activities.

It is imperative that we build on the foundations that have been laid over the past four years

—

the relationships, the trust, the spirit within the sector. Byharnessing this, MCF can truly advocate and represent the Muslim charitable sector in all forums.

I hope you enjoy reading this report and learning about the vital activities MCF has run over the last year. I look forward to your continued support over the coming year.

Dr.

Hany El-Hanna

E

TRUSTEES' REPORT

FOR THE YEAR ENDED

31

MARCH 2013

Operations Manager Summary

The reporting year

2012-2013

has been a landmark period

of

time for the Muslim Charities Forum. The changing landscape

of

the charity sector has seen the way charities work adapt tonew financial situations and adopt new strategies. The Muslim Charities Forum has had todoexactly the same.

A shifl to capacity building saw MCF hold its first paid training sessions on Sphere Standards and Improving Governance

—

both

of

which were oversubscribed and highly successful. In addition to this we have been raising our voice at numerous meetings and forums to represent the interests

of

the Muslim charitable sector. MCF has acted as the Counter Terrorism lead for Bond's Conflict Policy Group

-

Proscription Sub Group, while focusing on the issue

of

financial regulation and its alTect on the charitable sector; alongside contributing to discussions on humanitarian crises inMyanmar and Syria.

Our humanitarian coordination meetings especially on Syria, Somalia and Myanmar were

of

a major benefit to all our members and the wider NGO community.

Our strategy workshops have been instrumental in shaping a new direction forMCF in the coming years. Our role as a representative body for the sector and a tool to professionalise and increase accountability is challenging and increasingly important as scrutiny towards the charity sector intensifies.

As always, we are delighted to welcome new members, who can offer their experiences, ideas and work with the other charities within the forum.

Iwould like tothank our staffand trustees for their dedicated work, and their ongoing, unwavering support for MCF as well as our stakeholders and supporters that we have worked with over the past year.

Abdur man

Sharif

STRUCTURE

AND GOVERNANCE

Governing Document

The charity is governed by the organisation's Trust Deed assigned on 13August 20IO.

Structure

The Board

of

Trustees

of

the MCF are ultimately responsible for:

(ii) (iii) (iv) (v) (vi)

deciding on and maintaining the strategic direction

of

the MCF in accordance with its Objects and original vision

of

its founding members;

the smooth and efficient running

of

the MCF including the Members Council and the Secretariat; the employment

of

administrative staff and volunteers;

protecting the financial assets and property

of

the MCF and to account annually forthe use

of

all raised funds;

to fulfil all legal duties

of

the MCF including the preparation

of

the Annual Accounts and Annual Report;

to publicise and promote as constructively and as widely as possible the objects and activities

of

the MCF;

The Secretariat

of

the MCF is the main administrative and operational arm

of

the MCF and is responsible for the day to day running and coordination

of

the Charity and its various projects.

Headed by an Operations Manager and supported by administrative staff and volunteers, the Secretariat is responsible for.

(iv) (v) (vi) (vii)

processing applications for membership

of

the MCF;

liaising with external national and international organisations and institutions involved in humanitarian aid and development;

contacting and contracting specialised training agencies to provide training for MCF member organisations;

liaising with member organisations in order to facilitate the exchange

of

information and resources and the implementation

of

joint strategies and projects;

developing funding proposals and appeals in order to promote and assist with the implementation

of

the objects

of

both the MCF and its members;

managing the content

of

the MCF website;

carrying out any other duties deemed necessary _by the Board subject to the approval

of

the Board.

Vision

Our vision is to see Muslim INGOs become recognised as sector leaders; to cooperate with each other and external stakeholders whilst continuing to improve people's lives across the world.

Mission

Our mission is to establish a healthy, accountable, effective and professional Muslim Charitable sector in the UK through good governance, conducting research, forming partnerships, enhancing cooperation, capacity building, and sharing experiences and ideas

TRUSTEES' REPORT (continued)

FOR THE YEARENDED

31

MARCH 2013

Staff

recruitment

To

implement our new strategy, MCF has increased its human resources by employing three new full time staff. These new additions work in the critical areas

of

Policy and Research, Communications, and Marketing and Administration.

New membership

MCF's

membership has also increased to ten, with Muslim Aid, Muslim Charity, READ Foundation, Al-Imdaad Foundation and Basic Human Rights all joining the forum. Despite the charities varying in size, they all contribute their wealth

of

experience and knowledge and fully believe in cooperation and collaboration to support the needs

of

the sector.

Activities

To

achieve our mission, we worked across three key areas: advocacy and communication, research and development, and capacity building.

Advocacy and Communications

The key operational approach to achieving our new mission is through research and development and communications. Over the past year we have been communicating with stakeholders and supporters through meetings, a monthly newsletter, social media platforms such as Facebook and Twitter, as well as commenting on issues affecting the Muslim charity sector through the media.

In our role as advocates for the Muslim charitable sector we have focused heavily on the Charity Commission's latest guidance release on extremism and financial regulations and their effect on humanitarian agencies, as well as the following:

~ The plight

of

the Rohingya in Myanmar and Bangladesh

~ The humanitarian situation in Gaza

~ Protecting the EUair budget

Case

Study: Rohingya Muslims in Myanmar and Bangladesh

Since the start

of

the civil displacement in June

2012,

humanitarian agencies have found it extremely difficult to operate in Myanmar. In December

2012,

MCF hosted a briefing session in partnership with Muslim Aid attended by representatives from the UK government and over 20NGOs working in the region.

The session focused on updating participants on the latest situation on the ground from representatives

of

NGOs that had recently visited the area, highlighting the current challenges and blockages that organisations have faced in the field, and developing strategic and collaborative ways forward to better address the needs

of

the affected populations.

Research

and Development

The majority

of

our research over the past year has focused on issues that affect the work

of

Muslim charities including:

~ _An analysis

of

working with Somali diaspora organisations in the UK

~ _{The impact}

of

_{financial regulations on Muslim} NGOs in the UK

These have been published as articles in journals and magazines such Humanitarian Exchange, published by the Overseas Development Institute, as well as Humanitarian Europe and Civil Society.

co.

uk.

In addition, much

of

our research work has been used to underpin our etTorts to advocate for particular humanitarian concerns and promote collaboration on such issues within civil society. This has included briefing papers on the humanitarian situation facing communities in Myanmar and Bangladesh, and the impact

of

military conflict on people in Mali.

We will look to build on the research already conducted with further investigation into other issues which affect the work

of

the sector.

Case

Study:

The

impact

of

financial regulations on Muslim NGOs in the UK

Charitable organisations have become increasingly concerned about the impact financial regulations are having on their ability to deliver aid to the most volatile and in need countries. MCFdeveloped a paper on this subject following on from a survey we conducted with Muslim NGOs concerning their interaction with financial institutions. The paper focused in particular on the Financial Action Task Force

(FATF),

an intergovernmental organisation created in I

989

that since 9/11 has been at the centre

of

developing policies to combat money laundering and terrorist financing, and whose guidelines have been used by some governments to restrict the work

of

NGOs.

Capacity Building

In early

2012,

MCF conducted a survey within the Muslim charitable sector to find out what topics and issues they would like to see training taking place on. MCF facilitated two training sessions over the past year. The two training sessions that we facilitated were on The Spiiere Standards: Hivnanirarinn Charter and Mininnim Standards in Humairilmian Response; and Hou ro be an EJfecnve Tnisiee. Both training sessions reached capacity attendance and gave participants great insight into the respective subjects.

Over the next financial year we will look to expand the number

of

training sessions we do in a year, allowing organisations to improve their capacity to deliver and ensuring that MCF training events are a key date

of

the calendar for every Muslim charity

TRUSTEES' REPORT (continued)

FOR THE YEAR ENDED 31MARCH 2013

Case Study:

The

Sphere

Standards:

Humanitarian

Charter

and Minimum

Standards

in Humanitarian Response

MCF's

first major training course was on the Sphere Standards, one

of

the most widely known and internationally recognised sets

of

common principles and universal minimum standards in life-saving areas

of

humanitarian response. The training was held over two days and provided participants the tools to plan, implement, and monitor and evaluate their humanitarian response using the Sphere framework.

The training was attended by 25 participants who were engaged through a series

of

group tasks simulating a humanitarian response.

Partnerships

MCF formalised its relationship with the Pakistan Poverty Alleviation Fund, The formal relationship includes promoting the work

of

each organisation in their respective countries, which includes a conference on Pakistan to be held in late

2013.

We also were part

of

the working group that developed

DFID's

Faith Partnership Principles paper looking at how faith communities can support international development.

Case

Study: Pakistan Poverty Alleviation Fund

MCF formalised its relationship with the Pakistan Poverty Alleviation Fund (PPAF). PPAF work to alleviate poverty in Pakistan through empowering poor people by providing equitable access to opportunities for increased incomes and improved quality

of

life. This important relationship is in place to share experiences and knowledge between the organisations and encourage greater collaboration between MCF's members and the PPAF.

Events

MCF co-organised two workshops on Maternal Health in partnership with MADE in Europe. The first event looked at engaging communities in the field

of

maternal health and the second workshop was a discussion on maternal health in humanitarian disaster zones.

MCF also spoke at a variety

of

different events to lend its expertise to debates. These included: Faith and Development

—

Organised by The Humanitarian Forum

&

WorldVision

Roundtable on Humanitarian situation in Yemen

—

Organised by

MSF

&

The Humanitarian Forum CEOs Lunch

—

Organised by MCF

Faith Partnership Principles

—

Hosted by DFID

Muslim Giving: Creating Real Change

—

Organised by the Academy

of

Philanthropy and Cass Business School

Refugees in Kenya: abriefing on recent developments and implications forurban refugee

policy-Hosted by ODI

Syria Briefing

of

NGOs

—

Hosted by MCF

Rethinking

Charity-

Hosted by Radical Middleway

Media

MCF has continued to feature in media articles in support

of

the sector, especially on the Civil Society website. As well as this, we supported our members such as Islamic Relief, Muslim Aid and Human Appeal International by promoting public messages

of

support for the sector during crises. We also featured in Medicines San Frontiers dialogues magazine, which featured a transcript

of

a roundtable on Somalia.

MCF

Website

We are in the process

of

redeveloping the Muslim Charities Forum website, which will include a number

of

new features such asa library

of

research papers, greater interaction for visitors, and a new members' area that will house a collection

of

resources and a knowledge bank specifically forMCF members.

MCF

Strategy

2013-2016

In December

2012,

MCFconvened two workshops with its members and key stakeholders to decide the future strategic direction forthe Muslim Charities Forum. Over an intensive two day session we managed to develop and crall anew vision, mission and set

of

priority areas for MCF.

Our new objectives are as follows:

Advocacy

—

To

set the agenda

rather

than allowing the agenda to be set

for

us- become a strong advocacy body to represent the needs and interests

of

the Muslim INGO sector in the UK.

Governance

-

Encourage good governance, transparency and accountability

—

within Muslim charities to alevel that is in line with best practice

e.

g.HAP (Humanitarian Accountability and Management Standards), HPS

("

Humanitarian Principles and Standards"

),

People in Aid and Sphere standards.

Skills

-

Build the capacity

of

thc Muslim INGO sector

—

provide organisations with sufficient learning, development and training opportunities.

Research

&

Development

—

Develop research on issues affecting the Muslim INGO

sector—

investigating issues that deliver decisive outcomes tobenefit the Muslim INGO sector.

Partnerships

—

Fostering partnerships

-

enabling Muslim INGOs toinnovate and promote joint initiatives that enhance cooperation and encourage focused areas

of

expertise.

TRUSTEES' REPORT (contlnuedl

FOR THE YEAR ENDED

31

MARCH 2013

FINANCIAL

REVIEW

The Muslim Charities Forum had good year during

2012-2013.

Fundraising remained challenging due to the continued Middle East and Northern African unrest. The Company received donations, grants and other income worth

f

75,

839

compared to

f

644,

657

(mainly due toone large donation) in

2011-2012.

f

I6,

610

of

the total income received in

2012-2013

constitutes restricted grants and this translates to approximately

22%

of

our total income (compared to 98'/0 in

2011-2012).

At the end

of

the fiscal year

2012-2013

we brought forward a positive bank balance

of

f191,

645

In accordance with SORP 2005, support costs have been allocated between charitable activities and fundraising. The statement

of

Financial Activities portrays that Muslim Charities Forum spent

f348,

496

or

96%

of

its total expenditures on charitable activities,

810,

248 or 3'/0 on fund raising and

f3,

240 or I'/0 on governance activities.

Reserves Policy

It is the policy

of

MCF that unrestricted funds which have not been designated for a specific use should be maintained at a level which will ensure that, in the event

of

a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. It is also the MCF policy to hold sufficient funds, currently three months for administrative expenditures, forclosure

of

the charity should the need arise.

Risk

management

The trustees are assessing the major risks to which MCF is exposed too and are satisfying themselves that systems are in place to mitigate exposure tomajor risks.

The MCF Operations Manager has already started work on a risk management analysis and shall present the same during before the close

of

the current fiscal year.

Exclusively Charitable Activities

The members come from a wide spectrum

of

social and charitable mores and backgrounds. The organizations and NGOs who benefit from the implementation

of

the aims

of

the Forum are diverse. Not all

of

their activities might be regarded as "exclusively charitable" as defined _{by English law.} The Board

of

Trustees assists NGOs whose aims and activities are not all entirely "exclusively charitable", and that they make it clear at the outset that they are only supporting those activities which are "exclusively charitable" as defined by English law. References to NGOs in this Report should be read with the understanding that the Board

of

Trustees and members

of

the Steering Committee are fully aware

of

this requirement Public Benefit

As a charity, Muslim Charities Forum must be able to demonstrate that its objects and activities are for the public benefit as required by the Charities Act

2011.

The Trustees have all reviewed the guidance issued by the Charity Commission on public benefit and have ensured that Muslim Charities Forum's _objects and activities comply with this statutory requirement. The Trustees confirm that they have complied with the duty in section 17

of

the Charities Act

2011

to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity.

Governance and internal control

The systems

of

internal control are designed to provide reasonable assurance against material mis-statement or loss. They include:

~ astrategic plan and an annual budget approved by the Board

of

Trustees;

~ regular consideration by the Board

of

Trustees

of

financial results, variance from budgets, non-financial indicators and bench working reviews;

~ delegation

of

authority and segregation

of

duties;

~ _{Monthly review}

of

_{the financial ledgers;}

TRUSTEES' REPORT (continued)

FOR THE YEAR ENDED 31MARCH 2013

STATEMENT

OF TRUSTEES'

REPONSIBILITIES

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England

&

Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view

of

the state

of

affairs

of

the charity and

of

the incoming resources and application

of

resources

of

the charity for that period. In preparing these financial statements, the trustees are required

to:

~ Select suitable accounting policies and then apply them consistently;

~ Observe the methods and principles in the Charities SORP;

~ _{Make judgements} and estimates that are reasonable and prudent;

~ _{State whether applicable accounting standards} have been followed, subject to any material departures disclosed and explained in the financial statements;

~ Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position

of

the charity and enable them to ensure that the financial statements comply with the Charities Act

2011,

and the provisions

of

the trust deed. They are also responsible for safeguarding the assets

of

the charity and hence for taking reasonable steps for the prevention and detection

of

fraud and other irregularities.

In so faras we are aware:

~ There isno relevant audit information

of

which the charity's auditor is unaware; and

~ The trustees have taken all steps that they ought to have taken to make themselves aware

of

any relevant audit information and to establish that the auditor is aware

of

that information.

Examiners

Haysmacintyre were appointed Examiners to the charity and a resolution proposing that they be re-appointed will beput to the Board

of

Trustees.

Approved by the Board

of

Trustees and signed on their behalf: Dr Hany El Banna

OBE

(Founding Trustee

&

Chairman).

...

MrOthman Moqbel

r

(Treasurer)

.

Dated:

fg

day

of

'8Af

ti

2013.

13 to 18.

Respective responsibilities

of

trustees and examiner

The charity's trustees (who are also thedirectors

of

the company forthe purposes

of

company law) are responsible for

the preparation

of

the accounts. The charity's trustees consider that an audit isnot required forthis year under section 144(2)

of

the Charities Act2011(the 2011 Act) and that an independent examination isneeded. The charity's gross income exceeded f250,000and Iam qualified toundertake the examination by being aqualified member

of

the ICAEW

It is my responsibility to:

~ examine the accounts under section 145

of

the 2011Act;

~ to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b)

of

the 2011Act;and

~ to state whether particular matters have come tomy attention.

Basis ofindependent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioner. An

examination includes areview

of

the accounting records kept by the charity and acomparison

of

the accounts presented with those records. It also includes consideration

of

any unusual items or disclosures in the accounts, and the seeking

of

explanations from you as trustees concerning any such matters. The procedures undertaken donot provide all the

evidence that would berequired in an audit and, consequently noopinion is given as to whether the accounts present a 'true and fair view' and the report is limited tothose matters setout in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come tomy attention:

~which gives me reasonable cause tobelieve that, in any material respect, the requirements:

- Tokeep accounting records in accordance with section 386

of

the Companies Act2006;and

- _{Toprepare accounts} which accord with the accounting records, comply with the accounting requirements

of

section 396

of

the Companies Act 2006 and with the methods and principles

of

the Statement

of

Recommended Practice: Accounting and Reporting by Charities have not been met; or

~to which, in my opinion, attention should be drawn inorder toenable a proper understanding

of

the accounts to be reached.

Name

of

principal.

Nanie

of

finn:

Relet'ant professional qualification orbody:

Address:

urtaza Jessa

haysmacintyre

ACA

Fairfax House 26 Red Lion Square, London, WCIR 4AG, United

Kingdom

lu(

govtw(see

3 t'k

STATEMENT OFFINANCIAL ACTIVITIES FOR THE YEAR ENDED

31

MARCH 2013

Notes Unrestricted Fund 2013 Restricted Fund 2013 Total Funds 2013

f

Total Funds 2012

f

Incoming Resources Grants Voluntary subscriptions Donations

MCF Strategy Support from Muslim Aid Sundry income

Total Incoming Resources Resources cxpcnded

9,

900 8,462 20,000 20,867 59229 16,610 16,610 16,610

9,

900 8,462 20,000 20,867 75,839

631,

294 13,363 644,657

Cost

of

generating funds

Charitable activities Governance costs

10,096 152 10,248 4,835

3 43,800 304,696 348,496 197,683

4 3,240 3,240 6,600

Total Resources Expended 53,896 308,088 361,984 209,118

Net Incoming/(Outgoing) Resources for

thc year 5,333 (291,478) (286,145) 435,539

Fund balances at 1 April 2012

Fund balances at31March 2013

2392 7,725 494,825 203,347 497,217

211,

072

61,

679 497,217

All transactions during the year are derived from continuing activities.

This statement includes all income and expenditure for the charity during the year as well as all recognised gains and

losses.

Notes

f

2013 2012

FIXED ASSETS Tangible fixed assets

CURRENT ASSETS

4,

769 '2,₉₄₃

Debtors

Cash atbank and in hand

6 20,000 191,645

211,

645 2,000 509,177

511,

177 CURRENT LIABILITIES Creditors: amounts falling due within

one year

NET CURRENT ASSETS NET ASSETS 7 (5,342) 206,303

211,

072

(16,

903) 494,274 f497,217 FUNDS Unrestricted Restricted 7,725 203,347 2392 494,825

211,

072 f497,217

The financial statements have been prepared in accordance with the special provisions relating to companies subject to

the small companies regime with Part 15

of

the Companies Act 2006 and in accordance with the Financial Reporting

Standard for Smaller Entities (effective April 2008).

Forthe year ending 31 March 2013the Charity was entitled to exemption from audit under section 477

of

the Companies Act2006.

The members have not required the Charity to obtain an audit in accordance with section 476

of

the Companies Act 2006.

The Trustees

of

the Charity acknowledge their responsibility forcomplying with the requirements

of

the Companies Act 2006with respect toaccounting records and forthe preparation

of

accounts.

The financial statements were approved and authorised forissue by the trustees on

lg

and were signed below on its behalf by:

2013

Dr Hany ElBanns Chairman

The notes on pages 15 to 18form part

of

these financial statements.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2013

1.

ACCOUNTING POLICIES

Basis

of

preparation offinancial statements

The financial statements have been prepared under the historic cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).In preparing the financial statements the

charity follows the Charities Act2012and the Statement

of

Recommended Practice "Accounting and Reporting by Charities" (SORP 2005).

Incoming resources

All incoming resources are included in the Statement

of

Financial Activities when the charity is legally entitled to

the income and the amount can bequantilied with reasonable accuracy.

Membership subscriptions represent annual subscription fees from founding members and are accounted for as

voluntary income on receipt.

Resources expended

All expenditure isaccounted for on an accruals basis asaliability isincurred and has been included under expense categories that aggregate all costs for allocation to activities.

Costs

of

generating funds are those incurred in connection with fundraising and marketing activities.

Governance costs are those incurred in connection with administration

of

the charity and compliance with constitutional and statutory requiremenuu

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation has been provided on all tangible fixed assets at the following rates on the net bookvalue

of

assets at the beginning

of

the financial year.

Fixtures and fittings 25Yvonnet book value

Computer equipment 33Yvonnet book value

Foreign currencies

All income resources and expenditure accounted time.

2. INCOMING RESOURCES

VOLUNTARY SUBSCRIPTIONS Unrestricted Fund 2013

f

Restricted Fund 2013 Total Funds 2013

f

Total Funds 2012

f

for in the year have been converted at the rate applicable at that

Al-Imdaad Foundation UK

Human Appeal International Muslim Charity

BasicHuman Rights Islamic Help

Human ReliefFoundation

Islamic Relief Read Foundation 200 1,000 1,000 200 1,000 1,000 5,000 500 200 1,000 1,000 200 1,000 1,000 5,000 500 9,900 9,900 GRANT INCOME THF Grant SAKHAA Grant

Humanitarian Group forSyria 16,610 16,610

20,000

611,

294 16,610 16,610

631,

294 SUNDRY INCOME 20,867 20,867 20,867 20,867 13,363 13,363 15

3.

CHARITABLE ACTIVITIES Unrestricted

f

Restricted

f

Total 2013 Total 2012

f

Wages, salaries and social security Depreciation

Sundries

Travel and subsistence Bank charges

Membership fees Stafftraining

Rent, insurance and utilities

Printing, postage, stationery and advertising Meeting expenses Professional Consultancy/intern expenses Project expenses Advances 12,728 2,761 3,565 306 303 601 100 5,233 1,681 90 8,578 6,690 1,164 46,922 35 1,415 17 213 7,700 2,708 4,066 17,748

9,

072 714,800 59,650 2,761 3,600 1,721 320 814 100 12,933 4,389 4,156 26,326 15,762 215,964 58,108 1,581 636 20,495 187 42 4,761 3, 115 1,152 29,725 3,660 73,588 638 43,800 304,696 348,496

f

197,683

The average number

of

employees during the year was 2(2012:

2).

No employee received emoluments

of

more than

f60,

000(2012:None).

4.

GOVERNANCE COSTS 2013

f

2012

f

Independent Examiners fees

Audit Fee 3,240

f

6,600

5.

FIXED ASSETS Cost At 31March 2012 Additions Office equipment 5,408 4,587 At 31 March 2013 9,995 Depreciation At31March 2012 Charge forthe year

At31March 2013

2,465 2,761 5,226 Net BookValue

At 31 March 2013 At 31March 2012

4,769

f

2,943

NOTES TOTHE FINANCIAL STATEMENTS (continued) FOR THE YEARENDED 31MARCH 2013

6.

DEBTORS 2013 2012 Prepayments Other debtors 20,000 2,000

7.

CREDITORS Accruals Other creditors

Other taxes and social security

2013

f

3,

668 306 1,368 2012 8,993 6,979 981 5,342

f

16,903

8.

NET ASSETS BETWEEN FUNDS

Fund balances at 31March 2013are represented by:

Tangible Fixed assets

Net Current Assets

Unrestricted Funds 7,468 5,257 Restricted Funds 7,301 201,046 Total Funds

f

4,769 206,303 7,725 203,347

211,

072

9.

TRUSTEESREMUNERATION AND EXPENSES

During the year the trustees received no remuneration, benefits in kind orreimbursement

of

expenses directly or indirectly.

10.

RELATED PARTY TRANSACTIONS

The related party transactions forthe year are as follows: Organization Cash

Received

Cash Balance due Paid to/(from) MCF

Relationship

Zakat House

The Humanitarian Forum

Somali Reliefand

Development Forum Hassan El-Banns 6,335 11,071 32,255 3,551 4,774 60

(306) DrHany El-Banna isatrustee

DrHany El-Banna isatrustee

Dr Hany El-Banns and Abdurahman Sharif are trustees

Son

of

DrHany El-Banns

11.

STATEMENT OFFUNDS Opening Income Expenditure Transfers 2013

f

f

f

Unrestricted funds

General unrestricted funds 2392 59,229 53,896 7,725 Restricted funds THF Grant SAKHAA Grant HG4S 12,695 482, 130 16,610 12,695 278,783 16,610 203,347 Total funds 494,825 497,217 16,610 75,839 308,088 361,984 203,347

211,

072 Description

of

Funds—

Sakhaa Grant is arestricted donation to provide relief projects all across the Hom

of

Africa and in particular for Somalia by building the capacity

of

smaller charities directly involved in the delivery

of

reliefprojects.

THF Grant are restricted funds for training workshops around crucial thematic areas such as Finance, Communications, Project Management, Governance, and Partnership Building and to raise Awareness about the

work that British Muslim-led NGOs do by producing an online monthly Newsletter and a quarterly printed

newsletter, and developing material on the website.

Humanitarian Group for Syria Grant is a restricted grant to provide management and administrative oversite

and capacity building during the initial stages

of

this new charity.