Annual Accounts 2022
TRUSTEES REPORT AND ANNUAL ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
N1C Centre Ground Floor Plimsoll Building Handyside Street London N1C 4BQ T: 0207 164 6931 E: admin@sydrc.org Twitter: @sydrclondon www.sydrc.org www.n1ccentre.org
1
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE (SYDRC)
| Contents | |
|---|---|
| For the year ended 31st March 2022 | |
| Page | |
| Legal and administrative information | 2-3 |
| Trustees and impact report & Covid Response |
4-17 |
| Independent examiner's Report | 14 |
| Statement of financial activities | 15 |
| Balance sheet | 16 |
| Notes to the accounts | 17-22 |
2
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Legal and Administrative Information
For the year ended 31st March 2022
Status:
The organisation is a charitable company limited by guarantee, incorporated on 23rd November 2000 and registered as a charity on 27th June 2002.
Company number: Charity Number:
04115930 1092646
Registered Office &
Business Address: N1C Centre
| Trustees: | Mohamed Arif | -- | Chair |
|---|---|---|---|
| Suber Abdikarim |
-- | Treasurer | |
| Asha Abdullahi | -- | Member | |
| Ayub Farah | -- | Member | |
| Dr Said Isse | -- | Member | |
| Mubarik Abdulrashid Deerow | -- | Member | |
| Lamis Shire | -- | Member | |
| Sharmarke Issa Salwe | -- | Resigned | |
| Yusuf Deerow |
-- | Resigned | |
| Deeqa Diriye | -- | Resigned | |
| Bankers: | Unity Trust Bank plc | ||
| Nine Brindley place | |||
| 4 Oozells Square | |||
| Birmingham B1 2HB |
3
HSBC
246 Kentish Town Road
Kentish Town, London NW5 2BS
Accountants:
ISSA ASSOCIATES
4
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Trustees' Report
Trustees are responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the Memorandum and Articles of Association.
For the year ended 31st March 2022
Objective
The Somali Youth Development Resource Centre (SYDRC) objective is to advance the education of Somali youth in the London borough of Camden and neighbouring areas and provide in the interest of social welfare facilities for their recreation and other leisure-time occupations.
Legal structure
The Somali Youth Development Resource Centre is a registered charity. A company is limited by guarantee and is governed by its Memorandum and Articles of Association dated November 2000.
Financial statements
The trustees, also directors of the charitable company, submit their trustees' reports and financial statements for the year ending 31st March 2022.
Policies:
Reserve policy:
The charity currently operates with minimal reserves. The trustees endeavour to build up their donor base to have funds equal to 4 months of operating expenditure.
Risk(s) review:
The trustees have recently reviewed the significant risks faced by the charity. This has resulted in increasing the charity's donor base, particularly in this challenging financial climate.
Trustees Responsibilities
The trustees are responsible for keeping proper accounting records that disclose the charity's financial position and enable them to ensure that the financial statements comply with the Companies Act 2006.
The trustees oversee the preparation of financial statements, select suitable accounting policies, and make judgments and estimates that are reasonable and prudent to give the charity's actual state of affairs.
5
Background Information
Somali Youth Development Resource Centre (SYDRC) is a youth community-based organisation working with young Somali people and other young people in Camden and neighbouring boroughs since 2000. SYDRC is unique in Camden as the only youth lead organisation providing activities and services for young Somali people. SYDRC is also believed to be the only youth-led Somali group in Britain. This is reflected in the membership of its Youth Advisory and Management. This uniqueness has enabled me to develop good working relationships with key agencies and stakeholders to tackle critical social issues affecting young Somali people, including gang-related activities, knife and gun crime,
Research produced by the Institute of Education, London University, revealed that only one Somali child had passed the GCSE examination in 1999. This study also examined the number of Somali Children passing their GCSEs. At GCSE level, Camden pupils averaged 47.7%, gaining five A*-C passes, but Somali students' average was only 3.1%. SYDRC has built a coordinated, comprehensive narrow local to support Somali youth's integration into Camden schools and the community to tackle these challenges.
SYDRC could challenge underachievement and has contributed to the development of young Somali people in Camden. For example, SYDRC highest first prize-winner achieved 10A* and 6As in her GCSE in every subject she took. She set a benchmark and graduated from Kings College University. Her result was compared to the year 2000 when the Somali Community became actively conscious of the grades their children were receiving at GCSE level, which were abysmal and very unsatisfactory.
Our Vision
"Our vision is of a society where young Somali people can realise their full potential."
Our Mission
"To empower and inspire young Somali people to achieve their true potential by equipping them with the tools for tomorrow, to enable them to take responsibility for their lives and develop as individuals and make the successful transition to adulthood."
| Our values | ||
|---|---|---|
| We value: | ||
| ◼ | All young Somali people, other young people and their families | |
| ◼ | Our community, culture, religion, and language | |
| ◼ | Active participation of young people and the contributions they can make | |
| to our organisation, our community and society | ||
| ◼ | A quality service provided in a flexible and adaptable manner that meets the | |
| needs of young people | ||
| ◼ | Respect for the principles of tolerance, honesty, integrity, trust and decency | |
| ◼ | Encouraging the involvement of young Somali people in decision-making | |
| processes |
6
Current activities
The current activities and services provided by SYDRC are grouped under the following broad areas:
-
Information, advice and advocacy
-
Social and cultural activities
-
Education, training and employment
-
Leadership and careers workshops
-
Sporting activities
-
Parenting courses
-
Youth and Mentoring services
Further specific details on the current core areas of SYDRC work are provided below:
|IAdvice sessions
The centre offers a range of advice and support services, including one-to-one advice, mentoring and counselling sessions for Somali youth. Drop-in and appointment services are available for both young people and their parents. The guidance includes education, housing, employment and local services.
Outreach work
Our outreach workers consistently engage with the disadvantaged Somali young people of Camden. The outreach team has had many successful meetings with young people and has engaged directly in practical activities. The outreach work's primary aim is to motivate young people to go back for further education, training, and employment with the help of our services.
Mpower
This programme aims to provide mentoring to promote the social inclusion of young people who
MPOWER is a community-led mentoring project aimed at young people from the BAME community, focusing on pupils of Somali background. The project aims to empower young people to become independent and capable individuals with a bright outlook for the future through relatable role models. We receive referrals from partner schools and the community to deliver one-2-one and group mentoring sessions with an emphasis on representation and role modelling through our carefully selected professional volunteer mentors.
Our mentors help young people navigate their adolescent years academically and socially. Mentors share past positive experiences and complete moderated modules from our mentoring guide designed for this project, such as; conflict management, emotional awareness, selfdiscovery, goal setting and career aspiration, and many more.
7
Educational Achievement Award Ceremony
This event's principal objective is to recognise the Somali young in Camden who worked exceptionally hard to achieve academically and for those who displayed excellent behaviour and a positive attitude to learning. This event is very popular with young people and their parents. The education professionals in Camden particularly value it as an incredible inspiration for many young people in our community. The event has attracted more than 400 people, and guests included a broad range of people from parliament members, councillors, civil servants, police officers, teachers, parents and other high-profile guests. More than 100 students get awarded for their educational excellence at the event.
Girl's Youth Club
These sessions are given to young girls and women who need and want a culturally sensitive youth programme to help them with their social and personal development. Furthermore, our youth workers use a variety of extracurricular and recreational activities to empower and inspire young women to achieve their goals. In addition, we run various other actions in our youth club, such as group discussions, cooking, empowerment training, and team-building activities— workshops and information sessions on current issues affecting young people.
Boy's Youth Club
The boy's youth club has been running since 2006. It offers different activities that include physical and educational activities that include table tennis, pool and watching educational videos, Educational workshops, drop-in advice and signposting. Firstly, the youth club has two aims to offer physical activities for the participating youth to relax and enjoy themselves with their peers. At the same time, they can meet their potential friends and role models. This reduces the isolation that most Somali youth and other young people suffer, leading to all sorts of problems, i.e. mental health issues or being groomed to overcome their isolation. Secondly, it offers practical help, i.e., advice and guidance sessions in groups and individuals for the participating youth. These sessions will deal with youth issues individually or within a group work setting. The youth club project aims to be more than just a youth club and sees the development, needs and aspirations of young people as paramount and takes a leading role in representing young people's views at all levels.
8
Weekend Residential Trips
The programme aims to engage young people in positive activities that will improve their confidence and self-esteem and help them develop strategies to further their education, training, and employment. Also, to offer challenging physical team building activities, including a zip wire, archery, swimming competition, abseiling and climbing. The programme has been designed to broaden the horizons of young people by providing the opportunity to experience a different environment. The activities would give them a better awareness of the country's diverse backgrounds and a sense of the historical dimension of the British countryside. Many youth participants never had the opportunity to leave the urban environment and be enriched by this unique and precious experience.
Come to If-tar with me
During the holy month of RAMADAN, we provide inspirational "Come to If-tar with me" workshops (borrowed from the successful Channel 4 series), an idea initiated by our youth advisory board members to emphasise the need to strengthen community bonds throughout the borough. Act proactively and foster trust and tolerance and strive to educate young people, parents, and community leaders of various faiths and backgrounds.
Leadership & Career session
Our career and leadership programme was created to give young people in Camden aspirations for developing their leadership abilities and preparing them to become future leaders and ambassadors.
The programme aims to create an innovative and effective practice by combining a creative and engaging atmosphere with a culturally sensitive package to fulfil the requirements of young Somali people.
Weekend Football Sessions
The Sport and Leisure project is intended to improve young people's sporting abilities while also serving as a diversionary activity that keeps young people away from and off the streets. Football activity relieves boredom, instils discipline, and contributes to developing team skills. Another goal of this project is to help young people keep healthy and to promote volunteering within the project and in their community. The programme also includes weekly training sessions and regular coaching. In addition, the initiative offers healthy living workshops and small group sessions that focus on individual exercises and activities such as dieting, nutrition, training, and the dangers of alcohol and substance abuse. It also encourages individuals to enrol in the coaching programme and obtain FA level 1 coaching certification.
9
N1C Centre
SYDRC and the Covent Garden Dragonhall Trust manage this multipurpose community centre. SYDRC and its partners are eager to expand on its specific activities and services to address the local community's requirements. Activities and services that promote diversity, integration, and inclusion will receive special attention. One of the most exciting spots to be in central London is in the heart of King's Cross. This capital has evolved into a bustling mix of new residences, offices, and public spaces, with various cultural and educational organisations enhancing the community. It is believed that 20,000 people presently work, live, or spend their leisure time in the neighbourhood.
10
Management Committee
The management Committee, derived from its membership, manages SYDRC and is elected annually. The Management Committee members bring various essential knowledge, skills, and expertise. In addition, all Management Committee members have first-hand experience with the issues that affect young Somali people and have lived to the experience of many of the community's problems.
Funders
Trustees would like to thank all funding organisations and individuals who have helped the charity develop and provide its essential services for the local community. Special thanks go to the following grant providers that have supported the charity during this financial year: London Borough of Camden, BBC Children in Need, John Lyon's Charity, Camden Giving, Young Camden Foundation, VRU and those not listed here who have contributed to the work of the charity in kind or by financial assistance.
Achievement
Since 2000, SYDRC has assisted over 17,000 young people, with one in every four moving into work, education, or training. SYDRC has developed a detailed local plan to assist Somali youth in integrating into Camden schools and communities. As a result, the organisation tackled educational underachievement and contributed to the growth of young Somalis in Camden. Somali students are now at the top of the academic league, averaging 64% for females and 59% for boys. This figure is steadily rising yearly. More than 800 young people have obtained AQA, Duke of Edinburgh awards, and ASDAN qualifications, including accreditations in peer-topeer mentoring, teamwork, peer educators, musical heritage, First Aid, leadership skills, event management, and FA level 1-2 coaching certificates, as well as reduced offending rates, antisocial behaviour, and gang affiliations by 80% and improved school attendance and attainment by up to 86%.
Impact of our Work for this year
SYDRC will celebrate its 20th anniversary in 2022.
Many trusts and funders have previously funded us, including BBC Children in Need, John Lyons Charity, Camden Council, Camden Giving, Young Camden Foundation, The National Lottery Community Fund, and many others. All our funders, past and present, have contributed to the organisations' ability to meet their objectives with users.
This study analyses qualitative and quantitative data collected between April 2021 and March 2022 to determine our impact in the fiscal year 2021/22. In total, we spent £353,994 on our service.
As a youth organisation, we have developed into a community hub, providing various services and activities while keeping loyal to our youth ethos. The investment continues to prioritise those in most need. People used our services regularly in 2021/22, with over 8500 attendances reported. Because of who they are, where they live, or what they are going through, our work faces many hurdles, particularly with young people, faces many hurdles. We provide a safe and comfortable environment for young people to study, grow, and thrive.
11
We found that focusing on young people's existing interests helped them become more confident and shape to improve their view of themselves, thus having a positive knock-on effect on their school life, attendance amongst disengaged pupils and their approach to learning aspirations in the future has improved.
It is also a priority to provide venues for the larger community to access and connect to services. Many difficulties confront the communities we work with, leaving people feeling as if they do not belong. Our WORK ensures that we open up places for people to be more confident and comfortable mixing and interacting with others, particularly those from other ethnic backgrounds or faiths. They may sequester themselves within their comfort zones if English is not their native language.
As a result, our projects assist many families from disadvantaged backgrounds in accessing services and fostering community cohesion while also providing information and resources to further their support. This will lead us to improve people's outlook and confidence and forge friendships, resulting in an improved quality of life for themselves and their families.
Because of the disproportionate levels of inequality and socioeconomic suffering encountered by the Somali community in Camden, the work of the SYDRC (Somali Youth Development and Resource Centre) is critical. The organisation works at the grassroots level, providing targeted support and culturally competent and community-led interventions, resulting in the increased community interest, involvement, and acceptance. Our impact has been tremendous, including higher school engagement and achievement, decreased school exclusions, increased access to mental health resources, reduced adolescent violence and knife crime, and enhanced parent-child connections and communication.
12
Young people from BAME backgrounds and their families face increasing challenges. In the mists of all these issues, youth safety is still a significant concern, with young people spending more and more time on social media and being susceptible to grooming and exploitation. So preventing these issues at an earlier stage is vital for our organisation.
For young people to make the right choices and become critical thinkers, they require strong positive role models, practical support, and advice.
Here at SYDRC, we believe that a collaborative partnership, delivering community-led interventions based around the young person's needs – and with mentors and relatable role models at its heart – will raise participation, reduce (disproportionate) exclusions, and achieve success better outcomes.
We are always keen to hear from new partners and other organisations interested in working with us.
13
This report was approved by the board and signed on its behalf by:
M. Arif
Chair Mohamed Arif
Date: 26[th] January 2022
14
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Independent examiner's report
For the year ending 31st March 2022
I have examined the accounts on pages 5 to 6, which have been prepared on the accruals basis. Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 43 of the 1993 Act;
-
to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts that accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met;
Abdishakur Issa Date: 26[th] January 2023
ISSA ASSOCIATES
Accountants & Tax Consultants Cumberland House, Suite 116 80 Scrubs Lane London, NW10 6RF
15
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Statement of Financial Activities
For the year ending 31 March 2022
| Notes Incoming resources From charitable activities 2 Investment income 2 Total incoming resources Resources expended Charitable activities 3 Governance costs 4 Total Resources Expended Net resources for the year Fund balances at 1 April 2021 Fund balances at 31 March 2022 |
Unrestricted funds £ 38,229 - 38,229 16,169 - 16,169 22,060 71,392 93,452 |
Restricted funds £ 355,005 - 355,005 314,930 21,895 336,825 18,180 - 132,167 150,347 |
2022 Total £ 393,234 - 393,234 331,099 21,895 352,994 40,240 203,559 243,799 |
2021 Total £ 464,343 - |
|---|---|---|---|---|
| 464,343 | ||||
| 322,531 31,368 |
||||
| 353,899 | ||||
| 110,443 93,116 |
||||
| 203,559 |
16
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Balance Sheet
For the year ending 31 March 2022
| Notes Fixed assets Tangible assets 6 Current Assets: Debtors 7 Cash at bank and in hand Creditors:amounts falling due within one year 8 Net Current Assets Total Assets less current liabilities Funds of the charity: Funds balance as at 31-03-2022 |
2021 £ £ £ £ 5,572 8,840 1,505 4,086 238,539 195,391 240,044 199,477 (1,818) (4,758) 238,226 194,719 243,799 203,559 243,799 203,559 243,799 203,559 2022 |
|---|---|
For the financial year ended 31 March 2022, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 5 to 6 were approved by the board and signed on their behalf by:
………………………………..
Date: 26 January 2023
S Abdikarim Treasurer
17
----- Start of picture text -----
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Notes to the Accounts
For the year ending 31 March 2022
1 Accounting Policies
1.1 Basis of accounting
The financial statements have been prepared under the historical cost convention,
and have been prepared in accordance with the Statement of Recommended Practice,
Accounting and Reporting by Charities (Revised SORP 2005) and the Financial
Reporting Standards for Smaller Entities.
1.2 Incoming Resources
Grants and donations are recognised on accruals basis.
Incoming resources are reported gross.
1.3 Resources Expended
Resources expended are included in the Statement of Financial Activities on accruals
basis, inclusive of any VAT that cannot be recovered.
Expenditure that is directly attributable to specific activities has been included in these
cost categories. Where costs are attributable to more than one activity, they have been
apportioned across the cost categories on a basis consistent with the use of those resources.
1.4 Depreciation
Tangible fixed assets are stated at cost less depreciation.
Provision for depreciation of tangible fixed assets held by the charity is made at an annual
rate of 25% on straight line basis.
----- End of picture text -----
18
----- Start of picture text -----
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Notes to the Accounts
For the year ended 31 March 2022
2. Grants and Donations
Unrestricted Restricted 2021
Funds Funds 2022 Total Total
£ £ £ £
BBC Children In Need - 31,398 31,398 34,398
L B Of Camden - Supporting Communities - 92,500 92,500 47,500
John Lyons - 4,000 4,000 10,000
L B of Camden - Childrens, Schools, & Families - 24,600 24,600 10,000
L B Of Camden - Safer Camden Network - 75,000 75,000 25,000
L B Of Camden - CIL - - - 61,579
L B Of Camden - Youth Safety - - - 20,000
Camden Giving - 37,340 37,340 33,924
Young Camden Foundation - 19,410 19,410 5,646
TNL Community Fund Main grant - - - 84,777
Barandos - 15,734 15,734 -
GLA - Violence Reduction Unit - 55,023 55,023 -
City of London (LCRF) - - - 36,200
Post Code Neighbourhood Trust - - - 20,000
Room Hire 9,020 - 9,020 1,850
Other grants & donations 29,209 - 29,209 73,469
38,229 355,005 393,234 464,343
Unrestricted Restricted 2022 2021
2. Investment Income Funds Funds Total Total
£ £ £ £
Interest receivable - - - -
Total Incoming Resources 38,229 355,005 393,234 464,343
----- End of picture text -----
19
----- Start of picture text -----
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Notes to the Accounts
For the year ending 31 March 2022
3a. Direct Charitable Expenditure
Unrestricted Restricted 2022 2021
Funds Funds Total Total
£ £ £ £
Rent and premises charges - 23,600 23,600 18,940
Wages and National Insurance - 199,866 199,866 160,453
Wages for tutors - - - 17,800
Sports & youth club activities - 15,336 15,336 12,310
Training and development - 17,678 17,678 -
Sessional workers - 24,745 24,745 38,675
Printing, Postage, Stationery - 2,583 2,583 2,449
Travel and volunteer costs - 2,210 2,210 -
Office and administrative costs - 14,416 14,416 13,566
Telephone, fax, & Internet - 1,627 1,627 1,885
- 302,060 302,060 266,077
3b. Support Costs
Unrestricted Restricted 2022 2021
Funds Funds Total Total
£ £ £ £
Insurance 1,272 - 1,272 1,252
Computer and IT Costs - 12,870 12,870 23,947
Repairs and maintenance 6,303 - 6,303 24,637
Marketing and promotions 5,187 - 5,187 -
Bank charges 140 - 140 130
Depreciation 3,267 - 3,267 6,489
16,169 12,870 29,039 56,454
Total Charitable Activities 16,169 314,930 331,099 322,531
4. Governance
Unrestricted Restricted 2021
Funds Funds 2022 Total Total
£ £ £ £
Legal and Professional - 21,895 21,895 31,368
- 21,895 21,895 31,368
Total Resources Expended 16,169 336,825 352,994 353,899
----- End of picture text -----
20
| SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notes to the Accounts | |||||||||||
| For the year ending 31 March 2022 | |||||||||||
| 5 | Paid employees | ||||||||||
| 5.1 | Staff costs | 2022 | 2021 | ||||||||
| £ | £ | ||||||||||
| Grosswages salaries and benefits in kind | 198,427 | 151,912 | |||||||||
| EmployersNational Insurance costs | 1,439 | 8,541 | |||||||||
| 199,866 | 160,453 | ||||||||||
| 5.2 | Number of employees | ||||||||||
| The average monthlynumber of employees during | 2022 | 2021 | |||||||||
| theyearwas: | Number | Number | |||||||||
| Charitable activities | 14 | 14 | |||||||||
| 14 | 14 | ||||||||||
| 6 | Tangible Fixed Assets | ||||||||||
| Office Equipment |
Total | ||||||||||
| £ | |||||||||||
| Cost | |||||||||||
| At 1 April 2021 | 59,096 | 59,096 | |||||||||
| Additions | - | - | |||||||||
| At 31 March 2022 | 59,096 | 59,096 | |||||||||
| Depreciation | |||||||||||
| At 1 April 2021 | 50,256 | 50,256 | |||||||||
| Charged in the Year | 3,267 | 3,267 | |||||||||
| At31 March 2022 | 53,523 | 53,523 | |||||||||
| Net Book Value | |||||||||||
| At 31 March 2022 | 5,572 | 5,572 | |||||||||
| 31 March 2021 | 8,840 | 8,840 | |||||||||
21
----- Start of picture text -----
SOMALI YOUTH DEVELOPMENT RESOURCE CENTRE
Notes to the Accounts
For the year ending 31 March 2022
7. Debtors and prepayments 2022 2021
£ £
Other debtors 1,505 4,086
1,505 4,086
8. Creditors – Amounts falling 2022 2021
£ £
Accruals 1,818 4,758
Taxes, social security - -
1,818 4,758
----- End of picture text -----