2022-03-31-accounts - London Somali Action Forum

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(England and Wales)

LONDON SOMALI ACTION FORUM

Report of Trustees and Unaudited Financial Statements For the year ended 31 March 2022

THAMES ACCOUNTANTS AND CO. 100 Dunton Road London, SE1 5UN

LONDON SOMALI ACTION FORUM Contents Page For the year ended 31 March 2022

Contents	Page
Report of the Trustees	1
Independent Examiner's report to the Trustees	2
Statement of Financial Activities	3
Statement of Financial Position	4
Notes to the Financial Statements	5 to 6

LONDON SOMALI ACTION FORUM Report of the Trustee

For the year ended 31 March 2022

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2022.

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 the Republic of Ireland (FRS 102) (effective 1 January 2015).

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity LONDON SOMALI ACTION FORUM Charity Registration Number 1088224 Principal Address Bethnal Green Training Centre Hanbury Street London E1 5HZ

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Independent Examiner

Hassan Ali Abukor Essa Mahamoud Hassan Abdigani Yusuf Fawsia Abdi Ahmed THAMES ACCOUNTANTS AND CO. 100 Dunton Road London SE1 5UN

Approved by the Board of Trustees and signed on its behalf by

Abukor Essa Trustee

LONDON SOMALI ACTION FORUM

Independent Examiner’s Report to the Trustees on the Unaudited Financial Statements For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2O22

Responsibilities and basis of report

Having satisfied myself that the accounts of the Charity 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 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 examiners 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 that in any material respect:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the 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
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.

THAMES ACCOUNTANTS AND CO.

100 Dunton Road London, SE1 5UN 22[nd] February 2023

LONDON SOMALI ACTION FORUM Statement of Financial Activities For the year ended 31 March 2022 Notes

Notes
Income & endowments from: Donations & legacies Charitable activites Other activites 1 Investments Total Expenditure on: Raising funds Charitable activites Other 2 Total Net surplus 3 Reconciliation of funds Total funds brought forward Total funds carried forward	2022 £ - - 39,000 - 39,000 - - 38,500 38,500 500 1,100 1,600	2021
		£ - - 24,000 -
		24,000
		- - 23,500
		23,500
		500 600
		1,100

LONDON SOMALI ACTION FORUM Statement of Financial Position

LONDON SOMALI ACTION FORUM Statement of Financial Position
2022 Notes £ Fixed Assets Tangible assets - Current Assets Debtors 4 - Cash at bank and in hand 1,600 1,600 Creditors amounts falling due within one ye 5 - Total Assets (Current Liabilities) 1,600 Creditors amounts falling due after more than one year - 1,600 Total Net Assets (Liabilities) 1,600 The Funds of Charity Endowment funds - Income funds 6 1,600 1,600 For the year ended 31 March 2022	2021
	£ - - 1,100
	1,100 -
	1,100 -
	1,100
	1,100
	- 1,100
	1,100

For the year ended 31 March 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts`;
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime.
The financial statements were approved by the board on 22 February 2022 and signed on its behalf

Abukor Essa

Trustee

LONDON SOMALI ACTION FORUM

Notes to the Financial Statements

For the year ended 31 March 2022

1. Income earned from other trading activites Turnover Grants 2. Expenditure on other activities Wages and salaries Activities, meetings and conferences Telephone & internet Rent & rates Advertising & promotions Hall hire Cleaning Printing, postage & stationery Repair & maintenance Travel expense Legal charges Insurance/security Volunteer expense Petty cash and refreshments Staff & management training Accountancy Consultancy/Professional fee 3. Net surplus for the year This is stated after charging/(crediting): Accountancy fees	2022 2021	2022 2021
	£ £ £ £ 26,000 24,000 13,000 - 39,000 24,000 7,900 7,500 5,000 1,900 780 780 6,600 6,600 1,500 1,500 7,100 1,100 965 380 710 280 1,090 100 1,090 270 295 295 95 95 475 100 350 350 250 250 800 500 3,500 1,500 38,500 23,500 500 500 2022 2021	£ 24,000
		23,500
		500
	500 800

LONDON SOMALI ACTION FORUM

Notes to the Financial Statements Continued For the year ended 31 March 2022

4. Debtors Due within one year Trade Debtors Other Debtors 5. Creditors Amounts falling due within one year Trade Creditors Bank Overdraft Sundry Creditors Others 6. Movement in funds Total funds Balance at Incoming Outgoing 01 April 2021 Resources Resources £ £ £ General 1,100 39,000 38,500 - Total funds - previous year Balance at Incoming Outgoing 01 April 2020 Resources Resources £ £ £ General 600 24,000 23,500 -	2022 £ - - - 2022 £ - - - - - Transfers £ - Transfers £ -	2021 £ - - - 2021 £ - - - - - Balance at 31 March 2022 £ 1,600 Balance at 31 March 2021 £ 1,100