(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 1 ## **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: 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 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. ## **THAMES ACCOUNTANTS AND CO.** 100 Dunton Road London, SE1 5UN 22[nd] February 2023 2 ## **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| 3 ## **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 4 ## **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|| 5 ## **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| |---|---|---| 6