Registered Charity Number 1057470
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM)
Report and Accounts
For The Year Ended 31st March 2024
Report and Accounts
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Report and accounts Contents
| Page | |
|---|---|
| Charity information | 1 |
| Trustee's Report | 2 |
| Statement of trustees' responsibilities | 4 |
| Accountants' report | 4 |
| Statement of Financial Activities | 6 |
| Income and Expenditure account | 7 |
| Statement of total recognised gains and losses | 8 |
| Recognised Gains and Losses | 9 |
| Movements in Accumulated Funds | 9 |
| Balance sheet | 10 |
| Cash flow statement | 11 |
| Notes to the accounts | 13 |
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Charity Information
Trustees
Marwan Faisal Abdullah Hamood Nishuan Foud Mansatti Mohammed Mosleh Kassim Siham Hoobdar Dr Ali Qirbee Wali Ali Gamil
Treasurer
Wail Ali Gamil
Accountants
Mr Mohamed Jibrill Elmi (AFA MIPA) 26 Grange Road Small Heath, Birmingham, B10 9QN Tel: 01212703966 Fax: 0121 247 5366 info@starlinkaccountants.co.uk www.starlinkaccountants.co.uk
Bankers
TSB Bank Plc 538 Startford Road Springfield Birmingham B11 4BD
Registered office
Greencoat House 261 - 271 Stratford Road Sparkhill Birmingham B11 1QS
Registered number
1057470
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM)
The report of the trustees for the year ended 31 March 2024
Introduction
The trustees present their annual report and accounts for the year ended 31st March 2023.
The board of trustees are satisfied with the performance of the charity during the year and the position at 31st March 2022 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.
The Full name of the charity is: YEMENI Name, registered office and constitution of the charity COMMUNITY ASSOCAITION (BIRMINGHAM)
Date of formation 09 August 1996 The Principal Office is 261 - 271 Startford Road Sparkhill Birmingham B11 1QS Charity Registration Number 1057470 The telephone number is 01214483940
A summary of the objects of the charity as set out in its governing document.
Objectives and activities The principal objects of the charity are to benefit people who reside in the Birmingham area and who are of Yemeni or the descendants of the people of Yemeni origin, as follows:
To relieve poverty
To advance education.
Activities
General charitable activities Education and training Disability Relief of poverty Arts / culture Sports / recreation Economic / community development / employment Other charitable purposes
Help for whom Children / young people Elderly / senior citizens People with disability People of particular ethnic or racial origin General public
Help provided Provide shelter / facilities / open space Provide services Provide advocacy / advice / information Acts as umbrella or resources body Other chartable activities
Financial Review and Future Plans
The members of the Board of Trustees of the Charity during the year ended 31st March 2024 were :-
Marwan Faisal Abdullahi Hamood Nishuan Foud Mansatti Mohammed Mosleh Kassim Siham Hoobdar Dr Ali Qirbee
At the Annual General Meeting 05 Janaury 2024
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM)
The report of the trustees for the year ended 31 March 2024
Statement of Trustees' Responsibilities
Charity Law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material
The trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. 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.
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Independent Examiner's Report to the members of the charity
Report of the Independent Examiner to the trustees
on the accounts of the Charity for the year ende31 March 2024
I report on the financial statements of the Charity on pages 6 which have been prepared in accordance with the Charities Act 1993 and with the Financial Reporting Standard for Smaller Entities (FRSSE), effective January 2007 , adapted to meet the needs of unincorporated organisations, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2008 as modified in June 2008. (The SORP), under the historical cost convention and the accounting policies set out.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied mysef that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 43 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
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Basis of opinion and scope of work undertaken
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the Statement of Recommended Practice issued by the Charity Commissioners for England & Wales ( effective April 2008 ), on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed our examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
Accountants
The professional qualifications of the examiner are :- Mr Mohammd Jibrill Elmi (AFA MIPA)
Tel: 0121 270 3966 Tel: 01212703966 Fax: 0121 247 5366 info@starlinkaccountants.co.uk www.starlinkaccountants.co.uk Starlink Accountants 26 Grange Road, Small Heath Birmingham B10 9QN The date upon which my opinion is expressed is :- 12 July 2024
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Statement of Financial Activities for the year ended 31 March 2024
| Notes Incoming resources Incoming resources from generated funds Activities for generating funds Total incoming resources Costs of charitable activities Total resources expended Net incoming resources/(net outgoing resources) before transfers between funds Net incoming resources/(net outgoing resources) be Other recognised gains and losses Other recognised gains and losses Net movement in funds Reconciliation of funds Total funds brought forward Total Funds carried forward |
Unrestricted Restricted Funds Total Funds Funds Funds Total 2024 2024 2024 2023 £ £ £ £ 38,370 - 38,370 19,102 38,370 - 38,370 19,102 26,210 - 26,210 26,522 26,210 - 26,210 26,522 12,160 - 12,160 (7,420) fore 12,160 - 12,160 (7,420) 12,160 - 12,160 (7,420) 27,768 - 27,768 - 39,928 - 39,928 (7,420) |
|---|---|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 10 as required by the said statement.
All activities derive from continuing operations
Income and Expenditure Account for the year ended 31 March 2024
| Turnover Direct costs of turnover Gross surplus/(deficit) Operating surplus/(deficit) Surplus/(deficit) on ordinary activities before tax Surplus/(deficit) for the financial year Gift Aid Payments Retained surplus/(deficit) for the financial year |
2024 £ 38,370 26,210 12,160 12,160 12,160 12,160 - 12,160 |
2023 £ 19,102 26,522 (7,420) (7,420) (7,420) (7,420) - (7,420) |
|---|---|---|
6
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Statement of Financial Activities for the year ended 31 March 2024
Statement of Total Recognised Gains and Losses for the year ended 31 March 2024
| Excess of Expenditure over income before realisation of asse Loss per Profit and Loss account Net Movement in funds before taxation Movements in revenue and capital funds for the year ended 31 March 2024 Revenue accumulated funds Accumulated funds brought forward Recognised gains and losses before transfers Closing revenue accumulated funds Summary of funds Designated Funds 2024 Revenue accumulated funds - |
ts Unrestricted Funds 2024 £ 34,817 12,160 46,977 46,977 Unrestricted Funds 2024 46,977 |
2024 2023 12,160 (7,420) 12,160 (7,420) 12,160 (7,420) Restricted Total Last year Funds Funds Total Funds 2024 2024 2023 £ £ £ - 34,817 - - 12,160 (7,420) - 46,977 (7,420) - 46,977 (7,420) Restricted Total Last Year Funds Funds Total Funds 2024 2024 2023 - 46,977 (7,420) |
|---|---|---|
The statement of changes in resources applied for fixed assets for Charity use is shown in the notes to the accounts
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Balance Sheet as at 31 March 2024
| Notes 2024 £ The assets and liabilities of the charity : Tangible assets 8 8,650 Total fixed assets 8,650 Current assets Cash at bank and in hand 22,133 amounts due within one year 7 (517) Net current assets 21,616 Total assets less current liabilities 30,266 Creditors:- amounts due after more than one year - Net assets including pension asset / liability 30,266 The funds of the charity : Unrestricted income funds Unrestricted revenue accumulated funds 27,768 Net revenue funds 2,498 Unrestricted capital funds Designated fixed asset funds Total unrestricted funds 30,266 Restricted income funds Restricted capital funds Total restricted funds - Total charity funds 30,266 Marwan Faisal Abdullah Hamood Trustee Approved by the trustees on 12 July 2024 |
2023 £ 8,650 8,650 22,133 (3,015) 19,118 27,768 - 27,768 34,817 7,049 - - 27,768 - 27,768 |
|---|---|
8
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Cash Flow Statement
for the year ended 31 March 2024
| Cash generated from operations Operating profit Reconciliation to cash generated from operations: Depreciation Amortisation of goodwill Decrease in stocks Decrease in debtors Decrease in creditors Cash from other sources Interest received Dividends received and gift aid received from subsidiaries Grants received for the acquisition of fixed assets New long-term bank borrowings New finance leases and HP contracts Proceeds from sale of intangible fixed assets Proceeds from sale of tangible fixed assets Proceeds from sale of investments Application of cash Interest paid Tax paid Dividends paid and gift aid paid Purchase of intangible fixed assets Purchase of tangible fixed assets Purchase of investments Redemption of finance leases and HP contracts on sale of assets Repayment of amounts borrowed Net increase in cash Cash at bank and in hand less overdrafts at 1 April Cash at bank and in hand less overdrafts at 31 March Consisting of: Cash at bank and in hand Overdrafts Major non-cash transactions Capital value of new finance lease arrangements |
2024 £ 12,160 - - - (2,498) 9,662 - - - - - - - - - - - - - - - - - 9,662 22,133 31,795 33,776 - 33,776 - |
2023 £ 9,666 - - - - - 9,666 - - - - - - - - - - - - (4,796) - - (4,796) 4,870 1,000 22,133 22,133 - 22,133 - |
|---|---|---|
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Notes to the Accounts for the year ended 31 March 2024
1 Accounting policies
The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE), effective January 2007 , and all other applicable accounting standards, as modified by the 2005 Revision of the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005, adapted to meet the needs of unincorporated organisations . The accounts have been drawn up in accordance with the provisions of the Charities Acts , and include the results of the charity's operations which are described in the Trustees' Report, all of which are continuing.
In so far as the Statement of Recommended Practice for Accounting and Reporting Basis of preparation of the accounts issued by the Charity Commissioners for England & Wales, effective April 2005 requires compliance with specific Financial Reporting Standards other than the FRSSE then the specific Financial Reporting Standards have been followed where their requirements differ from those of the FRSSE.
Accounting convention
Incoming Resources
Fixed assets and depreciation
10
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Notes to the Accounts for the year ended 31 March 2024
2 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
| 3 | Surplus/(deficit) for the financial year | 2024 |
|---|---|---|
| £ | ||
| This is stated after crediting :- | ||
| Revenue Turnover from ordinary activities | 38,370 | |
| and after charging:- | ||
| Rentals and Rates | - | |
| - |
Funds belonging to the charity have been used for the charitable activities for the benefit of the charity the sum expended on such activities was as indicated in the above schedule.
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4 Statement that no expenses were paid to trustees or connected persons
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5 Detailed analysis of certain transactions required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005)
Various items which are required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005) to be disclosed in the notes to the accounts are set out in the Detailed Schedule to the Statement of Financial Activities and which should be read together with these notes.
6 Staff Costs and Emoluments
Gross Salaries
2024 £ -
11
YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Notes to the Accounts for the year ended 31 March 2024
| 7 | Creditors: amounts falling due within one year | 2024 |
|---|---|---|
| £ | ||
| Amounts due to associated or subsidiary undertakings | 517 | |
| 8 | Analysis of the Net Movement in Funds | 2024 |
| £ | ||
| Net movement in funds from Statement of Financial Activities | 12,160 | |
| Net resources applied on functional fixed assets | 12,160 | |
| Net movement in funds available for future activities | 24,320 | |
| 9 | Particulars of Individual Funds and analysis of assets and liabilities representing funds | |
| funds funds £ £ Tangible Fixed Assets 8,650 - |
funds £ - |
|
| Current Assets 22,133 - |
- | |
| Current Liabilities (517) - |
- | |
| 30,783 2,498 |
- | |
| 61,049 £ £ Funds at Movements 2023 in Funds as below £ £ |
£ Transfers Between funds £ |
|
| 27,768 54,397 |
- | |
| (27,768) (54,397) Analysis of movements in funds as shown in the table above Incoming Outgoing Resources Resources £ £ |
- Gains & Losses £ |
|
| 38,370 26,210 |
- | |
| (38,370) (26,210) |
- |
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YEMENI COMMUNITY ASSOCIATION (BIRMINGHAM) Schedule to the Statement of Financial Activities
| Incoming Resources Donations Grants, legacies and donations Activities for generating funds Members' Contributions Grants Other Income Total of activities for generating funds Total Incoming Resources Costs of generating funds Charitable expenditure Gross wages and salaries - charitable activities Employee costs: Training and welfare Premises Costs Rent Payable Rates, water and service charges Light and heat General administrative expenses: Telephone and fax Stationery and printing Equipment expenses Ramadan Iftar Events & Activities Admin costs Advertising and PR Venue Hire Professional fees in support of charitable activities Accountancy fees other than examiners/auditors Consultancy fees Total Support costs Total Expended on Charitable Activities |
Unrestricted Restricted Total Prior Period Funds Funds Funds Total Funds 2024 2024 2024 2023 £ £ £ £ 4,190 - 4,190 4,661 20,500 - 20,500 12,500 13,680 - 13,680 1,941 38,370 - 38,370 19,102 38,370 - 38,370 19,102 14,289 - 14,289 9,632 14,289 - 14,289 9,632 - - - 1,870 - - - 1,870 4,800 - - 4,800 1,482 - - 1,406 - - - 3,106 6,685 - - 9,312 383 - - 319 95 - 95 - 259 - 259 - 422 - 422 271 2,610 - - 2,578 - - - 956 277 - 277 371 1,190 - 1,190 - 5,236 - 2,243 4,495 - - - 450 - - - 763 - - - 1,213 26,210 - 16,532 26,522 26,210 - 16,532 26,522 |
|---|---|
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