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REGISTERED COMPANY NUMBER: 03054937 (England and Wales)

REGISTERED CHARITY NUMBER: 1064609















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

03054937 (England and Wales)


Registered Charity number

1064609



PRESTON MUSLIM FORUM LIMITED (REGISTERED NUMBER: 03054937)



Report of the Trustees

FOR THE YEAR ENDED 31 MARCH 2024



Registered office

Hamara Centre

Rear of 158 Castleton Road

Preston

PR1 6QH


Trustees

I S Rawat

I Daoud

A Faruki (resigned 29/6/23)

S Ismail

M A Horton (appointed 16/5/23)

Mrs M Y Ahmed (appointed 16/5/23)


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 15 December 2024 and signed on its behalf by:






I S Rawat - Trustee


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


These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.



The financial statements were approved by the Board of Trustees and authorised for issue on 15 December 2024 and were signed on its behalf by:






I S Rawat - Trustee



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

-

25% on reducing balance


Fixtures and fittings

-

20% on reducing balance


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

(3

)

1




Grants

107,420


91,376



107,417


91,377





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

27,915


31,049




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

4


4





No employees received emoluments in excess of £60,000.


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

400,790


4,878


4,245


2,644


412,557




DEPRECIATION


At 1 April 2023

106,991


4,672


3,881


2,547


118,091




Charge for year

27,757


52


73


33


27,915




At 31 March 2024

134,748


4,724


3,954


2,580


146,006




NET BOOK VALUE


At 31 March 2024

266,042


154


291


64


266,551




At 31 March 2023

293,799


206


364


97


294,466




10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023


£   

£   



Trade creditors

(2

)

(2

)



Other creditors

740


204




Accrued expenses

600


600



1,338


802






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



There were no related party transactions for the year ended 31 March 2024.