Group statement of financial activities and Income and expenditure account for the year ended 31 December 2022

income and endowments from: Unrestricted funds £’000 Restricted funds £’000 Endowments funds £’000 Total 2022 £’000 Total 2021 £’000 Notes
Donations and legacies 13,377 186,384 399 200,160 166,893 2
Other trading activities 3,788 _ _ 3,788 3,518 3
Investments _ _ 554 554 536 4
Charitable activities _ 29,678 _ 29,678 11,993 5
Total 17,165 216,062 953 234,180 182,940
Expenditure on:
Raising funds:
Costs of generating voluntary income _ 14,915 _ 14,915 12,770 10a
Fundraising trading: cost of goods sold and other cost 3,546 _ _ 3,546 3,095 10a
Investment management cost _ _ 424 424 456 10a
Charitable activities 9,161 165,177 _ 174,338 157,216 10a
Total 12,707 180,092 424 193,223 173,537
Net income 4,458 35,970 529 40,957 9,403
Transfers between funds 443 _ 443 _ 26
Subsidiary funds brought forward on consolidation 5 _ _ 5 10
Net movement on funds 4,906 35,970 86 40,962 9,413
Reconciliation of funds:
Total funds brought forward 14,370 46,488 8,391 69,249 59,836
Total funds carried forward 19,276 82,458 8,477 110,211 69,249

Financial Review Content

Financial review

Independent auditor’s report to the members and trustees of Islamic Relief Worldwide

Group statement of financial activities and income and expenditure account for the year ended 31 December 2022

Group and charity balance sheets as at 31 December 2022

Group cash flow statement for the year ended 31 December 2022

Notes to the financial statements

Corporate directory

Financial statements 2022