REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
PRESTON MUSLIM FORUM LIMITED |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
PRESTON MUSLIM FORUM LIMITED |
PRESTON MUSLIM FORUM LIMITED |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Chairman's Report | 1 |
Report of the Trustees | 2 | to | 6 |
Independent Examiner's Report | 7 |
Statement of Financial Activities | 8 |
Balance Sheet | 9 | to | 10 |
Notes to the Financial Statements | 11 | to | 21 |
PRESTON MUSLIM FORUM LIMITED |
Chairman's Report |
FOR THE YEAR ENDED 31 MARCH 2024 |
Welcome to our annual report, covering the year up to 31 March 2024. |
As a charity dedicated to supporting BME communities in Preston, we strive to meet the needs of vulnerable individuals at the margins of society by providing essential resources and facilities. |
This year has been marked by extraordinary challenges, including deepening inequalities, strained public services, a rise in mental health issues, and increasing poverty. In this context, our mission is more vital than ever. I am proud to share that PMF has had a highly impactful year, achieving significant progress in service delivery and organisational development. These efforts have positively impacted hundreds of underserved individuals in our community. |
Our success would not have been possible without the unwavering support of our funders, partners, dedicated staff, volunteers, and Trustees. Their commitment has enabled us to deliver a diverse range of services, activities, and opportunities, as highlighted in the report. |
As we look ahead, I am optimistic about our continued ability to make a meaningful difference in people's lives. The prospect of sustaining these essential services for the foreseeable future is truly encouraging. |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Report of the Trustees |
FOR THE YEAR ENDED 31 MARCH 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
Our Objectives |
- Provide one to one information, advice and guidance including practical support to clients who have nowhere to turn. |
- Develop employability and life skills of people facing disadvantage, through targeted employment, lifelong learning support and volunteering opportunities. |
- Engage with young people to help with their personal, social, physical and spiritual development. |
- Support older people to promote their wellbeing and independence. |
- Work in partnership with others organisations to achieve common goals including developing potential of other community groups through provision of capacity building support. |
- Foster understanding and co-operation between communities through multi-faith and cohesion events and initiatives. |
- Act as community advocate by supporting agencies in shaping policies and practice. |
- Improve the physical and mental well-being of community |
- Work to achieve long-term sustainability |
Our Services and Activities |
To further its aims, PMF provides the following services and activities in a culturally sensitive, gender-appropriate and multi-lingual environment: |
-Drop-in - service for members of the community acting as first port of call for those who have nowhere to turn; |
- Information, Advice and Guidance - on a wide range of social, money, immigration, welfare benefit, including practical support |
- Community Learning - Variety of training and non-vocational courses e.g. ESOL, IT for beginners, numeracy, literacy etc.; |
- Health and Wellbeing - provide social, leisure and recreational activities to promote Health and Well-Being such as luncheon club, coffee mornings, keep fit classes, health awareness, managing long-term conditions etc.; |
- Mental Health - provide specialist and therapeutic support to people suffering mental health illness |
- Volunteering - Provide volunteering opportunities across the organisation |
- Advocate and work in partnership with other voluntary and statutory organisations; |
- Hire out the venue to the community. |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Report of the Trustees |
FOR THE YEAR ENDED 31 MARCH 2024 |
OBJECTIVES AND ACTIVITIES |
Charitable activities |
Charitable Activities Delivered |
To achieve these objectives, the charity operates a community drop-in centre, offering a wide range of services and activities tailored to the needs of the local community. These are delivered by qualified staff and volunteers in a culturally sensitive, bilingual environment, ensuring especially vulnerable individuals receive the support they need. |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Report of the Trustees |
FOR THE YEAR ENDED 31 MARCH 2024 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
PMF is the cornerstone of support for individuals in the greater Preston area, providing the vital services, guidance, and opportunities necessary to help people overcome their barriers and achieve better life outcomes. PMF made significant strides in addressing socio-economic and health inequalities within the communities. Through a flexible and inclusive approach, we have adapted our services based on feedback from our beneficiaries, adjusting session timings and extending our opening hours to reach a broader audience. These changes helped reduce barriers to service access, ensuring we could meet the diverse needs of the community effectively. |
Information, Advice and Guidance (IAG) |
- 968 enquiries were dealt with, providing 1:1 support to 582 beneficiaries across a variety of issues, including welfare, housing, immigration, money matters, school places, appeals, and more. |
- 18 families received complex needs support, helping them navigate challenging situations. |
- £590,734 in additional benefits was secured for 92 individuals and their families through our advice and support services. |
Employment Support |
- 32 beneficiaries received tailored employment support, with 4 individuals securing employment as a result of our assistance, including CV preparation, job searches, job applications and job coaching. |
Community Learning |
- We delivered 78 sessions across a range of training and development courses, which were attended by 90 beneficiaries. These courses covered important topics such as ESOL (English for Speakers of Other Languages), Health Literacy, Numeracy, and Energy Advice, helping participants gain valuable skills and confidence. |
Health & Well-Being |
- A total of 206 sessions were delivered, providing a range of social, leisure, and recreational activities to 340 participants. Activities included coffee mornings, fitness classes, arts and crafts, poetry clubs, and health education, all aimed at reducing isolation and improving physical and mental well-being. |
- We organized 3 outings, offering participants the chance to connect with others outside of regular activities. |
- 32 'Walk and Talk' sessions with an average of 16 ladies every Sunday |
Mental Health Support |
- 23 beneficiaries suffering from severe mental illness received therapeutic support tailored to their needs. |
- We hosted 3 awareness seminars on Mental Health, reaching 400 people and providing valuable information and resources. |
- Partnered with 4 service providers to help reduce barriers to mainstream health and care services for our community. |
- We established 2 Peer Support Groups, where individuals could share experiences and receive emotional support from others with similar challenges. |
- Delivered 40 workshops on a variety of mental health issues, helping raise awareness and provide information on mental illness. |
Children and Young People |
- We ran 18 mother & toddler playgroup sessions, attended by an average of 17 toddlers. |
- Held 28 open youth club sessions, providing support and engagement to young men. |
- Operated 12 homework club sessions for key stage 1-2, offering study support to pupils. |
Digital Partner (We Are Group) |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Report of the Trustees |
FOR THE YEAR ENDED 31 MARCH 2024 |
- As an approved Centre for 'We Are Digital', we provided digital assistance to EU citizens and their family members applying for EU Settlement Scheme status. We helped 27 clients successfully obtain the status required to remain in the UK post-Brexit. |
- We are now an approved provider for assisting people with HMCTS (Her Majesty's Courts and Tribunals Service) online forms, including helping 18 clients complete appeals processes. |
FINANCIAL REVIEW |
Principal funding sources |
The charity's principal funding is derived principally through grants with limited income generation through hire of the centre. |
Property |
The charity operates from a property which is leased from Preston City Council until 2037. The property was extended by the charity to provide improved premises. The original property was a single storey building. The charity received a capital grant of £385,000 during the year ended 31st March 2020 to add an extra floor onto the building. |
The reserves include the capital amount of this project and this is being depreciated over its useful life at 10% on a reducing balance basis. |
Reserves policy |
Total reserves as at 31 March 2024 were £419,383. This comprises of Restricted Reserves of £417,551 and Unrestricted Reserves of £1,832. |
Restricted reserves are in-year grants received which must be spent for the purposes they are received from funders within the specified period. |
The reserves policy of the Trustees is to ensure the organisation commits unrestricted (free) reserves towards furthering the objects of the charity whilst retaining sufficient amount to cover designated funds and ensure there is at least six months of funds set aside to cover organisational expenditure in the event there is little or no income forthcoming. |
PLANS FOR THE FUTURE |
- Further develop services to meet gaps such as youth provision, mental health etc |
- Build organisational strength through succession planning, recruit new trustees, Leadership training, develop strategic and business plans |
- Improve marketing and communications |
- Develop a new 3 year Strategy (Business Plan and allied Plans). |
- To further develop internal systems, processes, organisational policies and procedures that meet organisational and statutory requirements. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Risk management |
The Trustees have assessed the major risks to which the charity is exposed, in particular, to the operations and finances and are satisfied that the systems and procedures are in place to mitigate our exposure against the major risks. These major risks are the impact of short-term funding, changes in funding streams, changes to key personnel and changes to local and central government policies. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Report of the Trustees |
FOR THE YEAR ENDED 31 MARCH 2024 |
Registered office |
Trustees |
Independent Examiner |
SKM Chartered Accountants |
Pegasus House |
5 Winckley Court |
Mount Street |
Preston |
Lancashire |
PR1 8BU |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Preston Muslim Forum Limited |
Independent examiner's report to the trustees of Preston Muslim Forum Limited ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
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: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
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. |
Mrs Shamim Mahomed |
SKM Chartered Accountants |
Pegasus House |
5 Winckley Court |
Mount Street |
Preston |
Lancashire |
PR1 8BU |
15 December 2024 |
PRESTON MUSLIM FORUM LIMITED |
Statement of Financial Activities |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 | 34,340 | 73,077 | 107,417 | 91,377 |
EXPENDITURE ON |
Charitable activities | 3 |
Management and Administration | 1,799 | 3,861 | 5,660 | 7,682 |
Provision of Services | 33,689 | 95,807 | 129,496 | 100,985 |
Support Costs | 567 | 831 | 1,398 | 2,612 |
Total | 36,055 | 100,499 | 136,554 | 111,279 |
NET INCOME/(EXPENDITURE) | (1,715 | ) | (27,422 | ) | (29,137 | ) | (19,902 | ) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 3,548 | 444,972 | 448,520 | 468,422 |
TOTAL FUNDS CARRIED FORWARD | 1,833 | 417,550 | 419,383 | 448,520 |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Balance Sheet |
31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 9 | 43 | 266,508 | 266,551 | 294,466 |
CURRENT ASSETS |
Cash at bank and in hand | 3,665 | 150,505 | 154,170 | 154,856 |
CREDITORS |
Amounts falling due within one year | 10 | (840 | ) | (498 | ) | (1,338 | ) | (802 | ) |
NET CURRENT ASSETS | 2,825 | 150,007 | 152,832 | 154,054 |
TOTAL ASSETS LESS CURRENT LIABILITIES | 2,868 | 416,515 | 419,383 | 448,520 |
NET ASSETS | 2,868 | 416,515 | 419,383 | 448,520 |
FUNDS | 11 |
Unrestricted funds | 1,832 | 3,548 |
Restricted funds | 417,551 | 444,972 |
TOTAL FUNDS | 419,383 | 448,520 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937) |
Balance Sheet - continued |
31 MARCH 2024 |
The financial statements were approved by the Board of Trustees and authorised for issue on |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Plant and machinery | - |
Fixtures and fittings | - |
Computer Equipment - 33% Reducing balance |
Improvements to Leasehold Property - 10% Reducing balance |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
2. | DONATIONS AND LEGACIES |
2024 | 2023 |
£ | £ |
Donations and Gifts | ( | ) |
Grants |
Grants received, included in the above, are as follows: |
2024 | 2023 |
£ | £ |
Preston City Council - Positive Minds | 9,864 | 9,864 |
Big Lottery Fund | - | 46,420 |
Selnet | 3,244 | 10,536 |
Islamic Relief | 9,719 | 12,149 |
Versus Arthritis | - | 3,790 |
Active | 4,994 | - |
Community Foundation | 3,000 | - |
NHS | 45,501 | - |
Lloyds | 25,000 | - |
Other grants | 6,098 | 8,617 |
107,420 | 91,376 |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
3. | CHARITABLE ACTIVITIES COSTS |
Provision of Services | Support Costs | Management & Administration |
Total | Total |
2024 | 2023 |
£ | £ | £ | £ | £ |
Wages & Social Security | 85,521 | 85,521 | 56,896 |
Pension | 1,515 | 1,515 | 1,039 |
Rates and Water | 818 | 818 | 865 |
Insurance | 1,221 | 1,221 | 2,412 |
Light and Heat | 1,783 | 1,783 | 1,934 |
Telephone | 2,458 | 2,458 | 2,089 |
Postage and Stationery | 1,642 | 1,642 | 1,392 |
Advertising |
Sundries | 60 | 60 |
Repairs and Renewals | 1,463 | 1,463 | 4,149 |
Accountancy | 1,766 | 1,766 | 1,260 |
Event Costs | 5,549 | 5,549 | 1,324 |
Rent and Insurance | 1,500 | 1,500 | 1,500 |
Legal & Prof | 1,385 | 1,385 | 4,449 |
Plant & Machinery - Dep'n | 39 | 13 | 52 | 69 |
Fixtures and Fittings - Dep'n | 47 | 16 | 63 | 91 |
Computer Equipment - Dep'n | 21 | 8 | 29 | 48 |
Impvmt Leasehold Prop - Dep'n | 27,757 | 27,757 | 30,842 |
Bank Charges | 178 | 178 | 200 |
Training | 1,797 | 1,797 | 720 |
129,496 | 1,398 | 5,660 | 136,554 | 111,279 |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
4. | SUPPORT COSTS |
Governance |
costs |
£ |
Provision of Services | 1,752 |
5. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
6. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
7. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
2024 | 2023 |
Average number of employees |
8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 8,616 | 82,761 | 91,377 |
EXPENDITURE ON |
Charitable activities |
Management and Administration | 723 | 6,959 | 7,682 |
Provision of Services | 7,753 | 93,232 | 100,985 |
Support Costs | 427 | 2,185 | 2,612 |
Total | 8,903 | 102,376 | 111,279 |
NET INCOME/(EXPENDITURE) | (287 | ) | (19,615 | ) | (19,902 | ) |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
RECONCILIATION OF FUNDS |
Total funds brought forward | 3,833 | 464,589 | 468,422 |
TOTAL FUNDS CARRIED FORWARD | 3,546 | 444,974 | 448,520 |
9. | TANGIBLE FIXED ASSETS |
Improvements |
to | Fixtures |
Leasehold | Plant and | and | Computer |
Prop | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors | ( | ) | ( | ) |
Other creditors |
Accrued expenses |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1/4/23 | in funds | 31/3/24 |
£ | £ | £ |
Unrestricted funds |
General fund | 3,548 | (1,716 | ) | 1,832 |
Restricted funds |
Restricted | 2,168 | - | 2,168 |
Big Lottery Fund | 59 | (20 | ) | 39 |
Preston City Council | 25,565 | 57 | 25,622 |
Community Development Fund | 1,071 | - | 1,071 |
Environmental Fund | 16,745 | (113 | ) | 16,632 |
DWP | 15 | (5 | ) | 10 |
Selnet | 9,143 | - | 9,143 |
National Lottery - Capital Project | 293,919 | (27,757 | ) | 266,162 |
Community Champions Project | 25,540 | - | 25,540 |
Co Op Foundation | 10,227 | - | 10,227 |
Independent Age | 11,840 | - | 11,840 |
LCF Covid | 14,755 | - | 14,755 |
Active Lancashire | 780 | 33 | 813 |
Lancashire Environmental Fund - Capital | 22,500 | - | 22,500 |
LCVS - Skelhorn - Capital | 1,500 | - | 1,500 |
LBMN - Micro | 434 | - | 434 |
Lancashire Care | 108 | - | 108 |
Islamic Relief | 1,676 | 64 | 1,740 |
Versus Arthritis | 523 | - | 523 |
National Lottery - Revenue Project | 6,404 | - | 6,404 |
Community Foundation | - | 20 | 20 |
NHS | - | 300 | 300 |
444,972 | (27,421 | ) | 417,551 |
TOTAL FUNDS | 448,520 | (29,137 | ) | 419,383 |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 34,340 | (36,056 | ) | (1,716 | ) |
Restricted funds |
Big Lottery Fund | (1 | ) | (19 | ) | (20 | ) |
Preston City Council | 9,865 | (9,808 | ) | 57 |
Environmental Fund | - | (113 | ) | (113 | ) |
DWP | - | (5 | ) | (5 | ) |
National Lottery - Capital Project | - | (27,757 | ) | (27,757 | ) |
Active Lancashire | 4,994 | (4,961 | ) | 33 |
Islamic Relief | 9,717 | (9,653 | ) | 64 |
Community Foundation | 3,002 | (2,982 | ) | 20 |
NHS | 45,500 | (45,200 | ) | 300 |
73,077 | (100,498 | ) | (27,421 | ) |
TOTAL FUNDS | 107,417 | (136,554 | ) | (29,137 | ) |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net |
movement | At |
At 1/4/22 | in funds | 31/3/23 |
£ | £ | £ |
Unrestricted funds |
General fund | 3,833 | (285 | ) | 3,548 |
Restricted funds |
Restricted | 2,168 | - | 2,168 |
Big Lottery Fund | 88 | (29 | ) | 59 |
Preston City Council | 24,216 | 1,349 | 25,565 |
Community Development Fund | 1,071 | - | 1,071 |
Environmental Fund | 16,891 | (146 | ) | 16,745 |
DWP | 22 | (7 | ) | 15 |
Selnet | 7,689 | 1,454 | 9,143 |
National Lottery - Capital Project | 324,760 | (30,841 | ) | 293,919 |
Community Champions Project | 25,540 | - | 25,540 |
Co Op Foundation | 10,227 | - | 10,227 |
Independent Age | 11,840 | - | 11,840 |
LCF Covid | 14,755 | - | 14,755 |
Active Lancashire | 780 | - | 780 |
Lancashire Environmental Fund - Capital | 22,500 | - | 22,500 |
LCVS - Skelhorn - Capital | 1,500 | - | 1,500 |
LBMN - Micro | 434 | - | 434 |
Lancashire Care | 108 | - | 108 |
Islamic Relief | - | 1,676 | 1,676 |
Versus Arthritis | - | 523 | 523 |
National Lottery - Revenue Project | - | 6,404 | 6,404 |
464,589 | (19,617 | ) | 444,972 |
TOTAL FUNDS | 468,422 | (19,902 | ) | 448,520 |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 8,616 | (8,901 | ) | (285 | ) |
Restricted funds |
Big Lottery Fund | - | (29 | ) | (29 | ) |
Preston City Council | 9,864 | (8,515 | ) | 1,349 |
Environmental Fund | (1 | ) | (145 | ) | (146 | ) |
DWP | - | (7 | ) | (7 | ) |
Selnet | 10,538 | (9,084 | ) | 1,454 |
National Lottery - Capital Project | - | (30,841 | ) | (30,841 | ) |
Islamic Relief | 12,149 | (10,473 | ) | 1,676 |
Versus Arthritis | 3,791 | (3,268 | ) | 523 |
National Lottery - Revenue Project | 46,420 | (40,016 | ) | 6,404 |
82,761 | (102,378 | ) | (19,617 | ) |
TOTAL FUNDS | 91,377 | (111,279 | ) | (19,902 | ) |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1/4/22 | in funds | 31/3/24 |
£ | £ | £ |
Unrestricted funds |
General fund | 3,833 | (2,001 | ) | 1,832 |
Restricted funds |
Restricted | 2,168 | - | 2,168 |
Big Lottery Fund | 88 | (49 | ) | 39 |
Preston City Council | 24,216 | 1,406 | 25,622 |
Community Development Fund | 1,071 | - | 1,071 |
Environmental Fund | 16,891 | (259 | ) | 16,632 |
DWP | 22 | (12 | ) | 10 |
Selnet | 7,689 | 1,454 | 9,143 |
National Lottery - Capital Project | 324,760 | (58,598 | ) | 266,162 |
Community Champions Project | 25,540 | - | 25,540 |
Co Op Foundation | 10,227 | - | 10,227 |
Independent Age | 11,840 | - | 11,840 |
LCF Covid | 14,755 | - | 14,755 |
Active Lancashire | 780 | 33 | 813 |
Lancashire Environmental Fund - Capital | 22,500 | - | 22,500 |
LCVS - Skelhorn - Capital | 1,500 | - | 1,500 |
LBMN - Micro | 434 | - | 434 |
Lancashire Care | 108 | - | 108 |
Islamic Relief | - | 1,740 | 1,740 |
Versus Arthritis | - | 523 | 523 |
National Lottery - Revenue Project | - | 6,404 | 6,404 |
Community Foundation | - | 20 | 20 |
NHS | - | 300 | 300 |
464,589 | (47,038 | ) | 417,551 |
TOTAL FUNDS | 468,422 | (49,039 | ) | 419,383 |
PRESTON MUSLIM FORUM LIMITED |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
11. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 42,956 | (44,957 | ) | (2,001 | ) |
Restricted funds |
Big Lottery Fund | (1 | ) | (48 | ) | (49 | ) |
Preston City Council | 19,729 | (18,323 | ) | 1,406 |
Environmental Fund | (1 | ) | (258 | ) | (259 | ) |
DWP | - | (12 | ) | (12 | ) |
Selnet | 10,538 | (9,084 | ) | 1,454 |
National Lottery - Capital Project | - | (58,598 | ) | (58,598 | ) |
Active Lancashire | 4,994 | (4,961 | ) | 33 |
Islamic Relief | 21,866 | (20,126 | ) | 1,740 |
Versus Arthritis | 3,791 | (3,268 | ) | 523 |
National Lottery - Revenue Project | 46,420 | (40,016 | ) | 6,404 |
Community Foundation | 3,002 | (2,982 | ) | 20 |
NHS | 45,500 | (45,200 | ) | 300 |
155,838 | (202,876 | ) | (47,038 | ) |
TOTAL FUNDS | 198,794 | (247,833 | ) | (49,039 | ) |
12. | RELATED PARTY DISCLOSURES |