EALING SOMALI WELFARE AND CULTURAL ASSOCIATION ANNUALREPORT AND ACCOUNTS Year ended 31 March 2021 REGISTERED CHARITY NUMBER 1013717 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **ANNUAL REPORT AND ACCOUNTS** |**CONTENTS:**|| |---|---| |Legal and Administrative infrmation|2-4| |Trustees/Directors' report|3-4| |Statement of Trustees' responsibilities|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes frming part of the fnancial statements|7-10| 1 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **ANNUAL REPORT AND ACCOUNTS** Ealing Somali Welfare and Cultural Association was founded in 1990 by the late Ahmed Hassan, who has since been awarded by Ealing Council for his works. It has been a registered charity since 1992. ESWCA was established with the aim to advance education and relieve poverty, and promote the needs of the refugee community, in particular the Somali community in and around Ealing. Over more than two decades following these objects and principles, we have assisted many new arrivals in adjusting to their new home, as well as provided assistance with translation, integration, education in the English language and other subjects, advice and advocacy, and other forms of support. REGISTERED CHARITY NO: **1013717** REGISTERED OFFCIE: Northfields Community Centre, 71A Northcraft Road West Ealing, London W13 9SS ## **BANKERS** NATWEST BANK EALING ## **ACCOUNTANTS** 0 **ATl.** . 1,� .. •• a .. + .... c.1u.- **h** ' **�** -IJlllllll/l!' 89 Coldharbour Lane London UB3 3EF 2 **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **TRUSTEES' REPORT** ## **DIRECTORS AND TRUSTEES FOR THE YEAR ENDED ON 31 MARCH 2021** The directors of the charitable company are its trustees for the purpose of charity law and throughout this report and are collectively referred as trustees. The appointed trustees are as follows: ASHA HASSAN - Chair Person ALI ABDI SAMIRA HIRAD - Secretary ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** EALING SOMALI WELFARE AND CULTURAL ASSOCIATION (ESWCA) is a registered charity with the charity commission and managed and led by its board of trustees. The board and individual trustees take collective responsibility for its decisions. The chair provides leadership to the board and takes responsibility for ensuring the board has agreed priorities, appropriate structures, processes and a productive culture and has trustees who are able to govern well and therefore add value to the charity. The board of trustees makes sure that there are proper arrangements for the appointment, supervision, support, appraisal, remuneration of the charity's staff. The charity has also in place a proper framework for the recruitment, support and supervision of the charity's volunteers. All decisions relating to the governance and management of the chairy are taken and approved by the trustees collectively. EALING SOMALI WELFARE AND CULTURAL ASSOCIATION (ESWCA) engages in partnership with many other organisations and charitable companies, but this does not have an impact on the operational policies adopted by the charity. The relationships between the charity, related parties, and with other charities and organisations are solely in the pursuit of its aims and objectives as clearly indicated in the organisation's governing document. ## **RISK ASSESSMENT** The charity manages its exposure to unexpected risks that the charity may face such as adverse changes in funding and other adverse events that may have a significant impact or the potential to inhibit areas of its charity operations in developing and putting in place effective and efficient mitigating measures. 3 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **OBJECTIVES AND ACTIVITIES** ## **A SUMMARY OF THE OBJECTS OF THE CHARI AMS AS SE OU IN ITS GOVERNING DOCUMENT:** - ADVICE AND ADVOCACY SESSIONS - Providing information, advice and guidance in a number of areas including: Housing, Welfare Rights, Pensions, Disability services, Form filling, Translation Services - HEALTH AWARENESS PROJECT A number of initiatives to improve health and health awareness, including: Weekly women's groups, Health awareness talks and discussions, Keep fit sessions for the elderly and their carers, Khat awareness (partnered with Neighbourly Care) - ELDERS' PROJECTS - A range of projects benefiting the elderly in partnership with Neighbourly Care and GOSAD, including: Socialisation for the elderly and their carers (I unch clubs and social events), Keep fit sessions for the elderly and their carers, Home visits from volunteers. - ESOL CLASSES Beginner's ESOL classes, open to all. - YOUNG WOMENS' PROJECT Project for the benefit of young women, 18-25; Socialisation, Health Awareness, Advice. ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES:** Company law requires the trustees to prepare financial statements that give a true and fair view of the organisation's financial activities during the year and its financial position at the end of each financial year. In doing so, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Make judgments and reasonable and prudent judgments - State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it's inappropriate to presume that the organisation will continue in operation for the foreseeable future. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time, the financial position of the company and enable them to ensure that the financial comply with applicable laws, regulations and the trust deeds. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities including money laundering. Signed on behalf of the trustees: ASHA HASSAN ALI ABDI ## **Chair** 4 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021** ||**Notes**|**UNRESTRICTED FUNDS**|**RESTRICTED FUNDS**|**TOTAL FUNDS**|**TOTAL FUNDS**| |---|---|---|---|---|---| |||**£**|**£**|**£**|**£**| |||||**2021**|**2020**| |**INCOMING RESOURCES**|||||| |**Voluntary Income**|**(1)**||47,590|47,590|14,706| |**Legacies**|||||| |**Gifs in Kind**|||||| |**Investment Income**|||||| |**Charitable Activities**|||||| |**Other Incoming Resources**|||||| |**Total Incoming Resources:**||**0**|**47,S90**|**47,S90**|**14,706**| |**RESOURCES EXPENDED:**|||||| |**Costs fr generating funds**|||||| |**Charitable Activities**|||(25,025)|(25,025)|(12,604)| |**Operating Costs**|||(2,832)|(2,832)|| |**TOTAL RESOURCES EXPENDED:**|**( 2)**|**0.0**|**(27,8S7.0)**|**(27,8S7.0)**|**(12,604.0)**| |**Net Surplus/Defcit for the year**||0|19,733|19,733|2,102| |**Opening fnds Transfr of funds**||0|0|3,604|1,502| |**Transfr of funds**||0|0|0|0| |**CLOSING FUNDS:**||**0.0**|**19,733**|**23,337**|**3,604**| 5 **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **BALANCE SHEET AS AT 31 MARCH 2021 EALING SOMALI WELFARE AND CULTURAL ASSOCIATION (ESWCA)** |||**2021**|**2020**| |---|---|---|---| ||Notes|£|£| |**FXDASSETS**|||| |COMPUTER|(3)|386|| |LESS ACCUMULATED DEPRECIATION||(97)|| |NET BOOK VALUE||289|0| |**CURRENT ASSETS**|||| |BANK|(4)|23,348|3,754| |PREPAYMENTS|(5)||| |DEBTORS|||| |**TOTAL CURRENT ASSETS**||23,348|3,754| |**CURRENT LIABILITIES**|||| |CREDITORS|(6)|(300)|(150)| |**NET ASSETS**||**23,337**|**3,604**| |**RESERVES:**|||| |RESTRICTED FUDS|(7)|23,337|3,604| |URESTRICTED FUDS||0|0| |**TOTA**||**23,337**|**3,604**| Approved by the board on 21/10/2021 and signed on behalfof the board by: ASHA HASSAN- Chair ALI ABDI - Treasurer 6 **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS:** ## **ACCOUNTING POLICIES:** - la) The financial statements have been prepared under the historical cost convention, with the exception of investment, which are valued at the prevailing market prices. The financial statements have been prepared in accordance with the statement of Recommended Practice-Accounting and reporting by charities (SORP2005) issued in March 2005, applicable UK accounting Standards and the Companies Act 1985. The principal accounting policies adopted in the preparations of the financial statements are set out below. ## lb) **INCOMING RESOURCES:** Voluntary income includes donations, gifts, legacies and grants that provide core funding or are of general nature are recognised where there is entitlement, certainly of receipts and the amount can be measured with sufficient reliability. Such income is only deferred when: The Donor specified that the grant or donation must only be used in future accounting periods, or The Donor has imposed conditions, which must be met before the charity has unconditional entitlement. - Income from commercial trading activities is recognised as earned as the related goods and services are provided. Investment income is recognised on a receivable basis. Income from charitable activities includes income received under contract or where entitlement to grant funding is subject to specific performance conditions is recognised as earned ( as the related goods or services are provided). Grant income includes in the category provided funding to support performance activities and is recognised where there is entitlement, certainly of receipts and the amount can be measured with sufficient reliability. Income is deferred when admission fees or performance related grants are received in advance of the performances or event to which they relate. ## le) **RESOURCESEXPENDED:** Expenditure is recognised when a liability is incurred. Contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that result in the payment being unavoidable. - Cost of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. - Charitable activities including expenditure associated with the activities are included the direct costs and support costs relating to these activities. - Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. ## ld) **RESTRICTED FUNDS:** Restricted funds are to be used for specified purposes as lay down by the founder. Direct and support expenditure, which meets these criteria, is defined to the fund together with a fair allocation of other costs. 7 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **le) UNRESTRICTED FUNDS:** Unrestricted funds are funds received with no restrictions placed in their expenditure and are available as general funds. lf) Revenue grants are credited to incoming resources on the earlier of when they are received on when they are due. ## **NOTE 1** ## **VOLUNTARY INCOME** |**DONORS**|**RESTRICTED INCOMEUNRESTRICTED INCOME**|**RESTRICTED INCOMEUNRESTRICTED INCOME**|**TOTAL 2021 {£)**|**TOTAL 2020 {£)**| |---|---|---|---|---| |London Community Fund|27,600.00|-|27,600.00|| |Awards fr All|9,990.00|-|9,990.00|| |Ealing Council COVID-19 Emergency Fund|5,000.00|-|5,000.00|| |Community Connecions Grant|5,000.00|-|5,000.00|| |Ealing Council Community Connecion||-||5,000.00| |Let's Go Southall||-||3,992.00| |Ealing Council (GNP Safeguarding Projec)||-||2,500.00| |Southall Community Alliance||-||1,500.00| |GOSAD||-||1,414.00| |Oher||-||300.00| |**TOTAL**|**47,590.00**|-|**47,590.00**|**14,706.00**| ## **NOTE 2** |**EXPENSE**|**RESTRICTED FUNDS {£)UNRESTRICTED FUNDS {£)**|**RESTRICTED FUNDS {£)UNRESTRICTED FUNDS {£)**|**TOTAL- 2021 {£)**|**2020 (£)**| |---|---|---|---|---| |Charitable Activities|24,375.00||24,375.00|4,950.00| |Volunteers Travel Expenses|650.00||650.00|1,600.00| |Rent|-||0.00|3,884.00| |Salaries|2,400.00||2,400.00|900.00| |Ofice Costs|185.00||185.00|1,020.00| |Insurance|||0.00|100.00| |Accounting|150.00||150.00|150.00| |Depreciation|97.00||97.00|| |**TOTAL**|**27,857.00**|-|**27,857.00**|**12,604.00**| 8 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **NOTE 3** ## **Tangible fixed assets** Fixed assets costing in excess of £1000 are capitalised and are shown at historical cost. Depreciation is provided, after taking into account of any grants receivable. Tangible fixed assets are depreciated at 20% reducing balance. At Cost 01/04/2020 Additions Disposals Revaluations Transfers As at 31 March 2021 ## **Depreciation:** Accumulated Depreciation as at 01/04/2020 Charge for the year At 31 March 2021 Net Book Value at 31 March 2021 £ 386 386 ~~(~~ 97 ~~)~~ (97.0) **289** 9 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **NOTE4** ## **CASH AT BANK AND IN HAND** The charity has a cash balance of £23,348 in its bank account as at 31 March 2021 ## **NOTES CREDITORS** Accountng Fees £300 £300 ## **NOTE6** ## **RSERVS:** The charity's general reserve for the financial year ended 31 March 2021 stands at £23,377 ## **Taxation** The charitable company is exempt from taxation under sections 466 to 493 of the Corporation Tax Act 2010 ## **Cash flow statement** The company has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small company ## **TRUSTEES EXPENSES** The trustees neither received nor waived any emoluments during the period Trustees claimed for travelling expenses during the year. These amounted to£ £Nil). ## **RELATED PARTIES** ## **There are no related parties transactions to be disclosed** 10 ## **EALING SOMALI WELFARE AND CULTURAL ASSOCIATION** ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 ## **Cash flow statement** The company has taken advantage of the exemption in Financial Reporting Standard No 1 from producing a cash flow statement on the grounds that it is a small company ## **TRUSTEES EXPENSES** The trustees neither received nor waived any emoluments during the period Trustees claimed for travelling expenses during the year. These amounted to£ £Nil). ## **ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **LEASE COMMITMENTS** ## **GOVERNANCE COSTS** **RELATED PARTIES There are no related parties transactions to be disclosed** END 11