SOMALI YOUTH UNION IN UNION
THE MINUTES OF THE ANNUAL GENERAL MEETING HELD AT SATURDAY 28[th] August 2021 AT ST GEORGE COMMUNITY CENTRE 8-12 LANCASTER ROAD, EALING, UB1 1NW Attendee • Hassan Hassan (chair) • 2 members of Trustees. • SYUINUK Community members (Charity members) • 2 guests. • 5 volunteers. The agenda include: 1. Welcome by chairperson. 2. Apologies. 3. Confirmation of minutes of the previous AGM. 4. Chairperson's report. 5. Presentation of audited financial statement. 6. Election of Board of Trustees. 7. Community Services 8. General business.
1. Welcome and introduction
The chair welcomed everyone including members of Trustees, the guests, community members (service users and learners) to the AGM, read out the agenda and stated that the meeting was open.
2. Apologies
There were some members who could not attend because of family/personal issues and other commitments. However, they informed the chair that they have confidence with the Trustees and that they can be represented by the Trustees.
3. Confirmation of minutes of the previous AGM.
The Mr Zakaria who is member of the Trustees has presented and confirmed the minutes of previous AGM, which was held October last year and passed the speech to the chair. . The chair then asked the members whether they have any questions and requested if there are no questions, to allow him to proceed the meeting. No one has raised their hands and the chair continued to lead the meeting.
4. Chair’s Progression Report
Before the chair has begun his report, he welcomed to the microphone Dr Haji who was the chair of the Charity for many years and actively provides advice and guidance to the wider communities on voluntary bases. Dr Haji spoke in length about the well-being of the community as a whole and how it is important to follow the government’s advice and guidance on Covid-19. He emphasised the importance the vaccination has for the people and recommended everyone to be vaccinated in order to protect themselves and the others. Also, he spoke about the impact Covid-19 has had on people and the BAME in particular as they have been the most likely to be diagnosed. Research have shown that people from China, India, Pakistan, Other Asian, Black Caribbean and Other Black ethnicity had between 10 and 50% higher risk of death when compared to White British. Many people lost loved ones and more others lost their employments due to Covid-19.
Dr Haji continued talking about the unemployment caused by the pandemic by saying according to The Guardian and many other researches have shown that the Black, Asian and minorityethnic (BAME) workers have suffered the brunt of job cuts during the pandemic, according to analysis that shows the number in employment has dropped by 26 times more than the drop in white workers over the same period. Also, he added that the employment rate for people from BAME backgrounds slumped 5.3% in the year to September 2020, compared with a 0.2% decrease in the number of employed white workers.
Dr Haji concluded his speech by saying that it is imperative that we all follow the government advice and guidelines on Covid-19 and that we have to have to have the vaccines to protect ourselves and others. Then Dr Haji passed the microphone back to Mr Hassan who is the chair of the Charity and asked to provide information about the Charity’s situation and provision.
Mr Hassan has commenced thanking both the attendees and Dr Haji for his outstanding and very important lengthy speech. He spoke about the Charity Commission’s meetings and the
subsequent communication in which the Commission has asked the Charity the remaining policies; the Safeguarding Policy in particular and the accounts to be sent as soon as possible. Mr Hassan added that the Charity Commission’s communications and virtual meetings have been beneficial as they have assisted us in enlightening how we should meet our legal duties and responsibilities.
Mr Hassan explained the members about the current charity’s constitution and informed them that they need to vote to update and bring some changes to some areas including:
i) Telephone and virtual meeting.
ii) Changing the AGM’s yearly conference from April to August.
Mr Hassan continued talking about the reasons to why these changes were needed by talking about the Covid-19 and lessons learned. He said Covid-19 has taught us lessons during the lockdowns and he spoke it extensively and here the main points he mentioned:
a) Today’s world is truly interconnected
b) Technology and science have never been more important.
a) Today’s world is truly interconnected
Mr Hassan said that we often think of each country as a separate entity, each very different in its own right. Within a few months of the virus first emerging however, it had spread to almost every country and everyone was experiencing the same challenges. Despite the differences and distance between places, Mr Hassan said that we are all fighting the same virus. It’s a reminder of just how interconnected our world economy and societies are today. This, in turn, serves as a useful reminder of how important it is to be able to communicate and collaborate with people from other countries and cultures, and therefore how beneficial gaining an international education can be in the world of today.
b) Technology and science have never been more important.
‘Had it not been for many of the technological advances made during the last couple of decades, learning, working, and communicating in general would not have been able to continue to the same extent throughout the pandemic’, said Mr Hassan. Also, Mr Hassan said that you are all aware that the Charity’s invaluable volunteers including himself had the opportunity to establish teaching, advice and guidance provision during the pandemic for the service-users, thanks to the technology. Furthermore, Mr Hassan said that our access to remote teaching and learning
resources, online working platforms and communication channels have all been entirely reliant on the internet, and on specific apps and programs within it.
The chair concluded his speech about the lessons learnt from Covid-19 by saying that equally, our best route out of this global crisis has involved in the swift and effective development of several different vaccines, a feat only manageable because of the knowledge and skills of scientists around the world including our UK’s own Oxford University and AstraZeneca, and that of the US pharmaceutical giant Pfizer.
For the above lessons, which we have learnt from Covid-19, we have to change Clause P and sub-clause 1 and 2 in the Charity’s constitution, which currently say that the AGM must be an actual meeting and that the AGM can only be held in April every year. So I would like you to vote and authorise the Charity to be able to hold virtual or telephone meeting in difficulty circumstances and that the Annual General Meeting (AGM) can be held in August in every year instead of April.
Then the voting originated and all members who were present at the AGM welcomed the changes and voted unanimously favour for the changes as there were no objections. The Chair then thanked the members for their collaboration and understanding for the need of the changes.
5. Presentation of audited financial statement.
Although the Charity has no treasurer, the chair; Mr Hassan has given the members an overview of the Charity’s financial statement. Mr Hassan explained that the Charity was in debt of £19,341 in 2019/20 when he and his team (Trustees) took over the Charity’s responsibilities and pleased to inform that it came down to £13,445 in the 2020/2021 financial year. However, Mr Hassan informed the members that he had meetings with the Charity’s accountant and asked to find out if there were any possibility of previous errors or an oversight in the accounts, which have not been yet addressed. Mr Hassan said the good news came when the rent arrears have been paid and that he and his team would never rest until the Charity’s finance is stabilised and that next year would be better than this year.
Also, the chair said that the Charity has currently no income and to avoid further debt he has proposed not use previously rented rooms to reduce cost. Also, the chair said that we might be sharing the premises with other organisations and that the Charity will likely be paying lesser rent to avoid further deficit.
Some of the Charity members asked the chair whether the Charity completely stopped the community service provision and the ESOL (English Speakers of Other Language) classes in particular. The chair clarified that the community services would never be suspended as the Charity’s office is still open and functioning, and in regard with the ESOL classes, the chair said that the volunteers will resume teaching online classes and everyone who is interested in learning English can still come to the office and enrol.
Furthermore, the chair informed the attendees that the Charity has made several contacts with the local and outside colleges as well as the local authorities for contracts and the efforts are still continuous and that they hopefully would be fruitful. We are hopeful as the government has previously announced extra funds for adult education and that our future meetings with the colleges would be fruitful.
Mr Hassan concluded his speech by asking more volunteers who could assist the Trustees in looking for funds and asked the members to come forward in order to be member of the Board; those who are experts in finance in particular. At the end Mr Hassan promised that the Charity’s accounts and reports would be submitted in time and that there would be no more delays. Then the chair asked the members if they had any questions and there was no one who raised their hands.
6. Election of the Board of trustees
The chair again welcomed the members and informed that all the trustees have resigned and that this was providing opportunities to the members to become Board of Trustees. The election started and the previous Trustees were consistently re-elected to lead the Charity. Here are the re-elected Trustees:
-
Jama Hassan - chair
-
Hawo Idaaja – secretary
-
Deeqa Botan - trustee
-
Zakarie haji - trustee
The Trustees thanked the members for the trust they have placed on their shoulders and promised that they would tirelessly be working for their communities and that they would be leaving no stone unturned to implement policies and follow the advice and guidelines of the Charity Commission.
7. Community Support services
The chair has reiterated the importance of the Charity’s provision and the continuation of the support for our diverse communities, although most of the actual classes have been
currently suspended for a lack of funds. The service-users can always contact the centre as the advice and guidance of the below services are still available:
-
Education
-
Employment housing matters/benefits etc.
-
Youth related issues
-
Supplementary class for poorly performing school children during the weekend.
-
Sports (young people – boys and girls, adults –men and women).
-
Interpreting.
a. Form Filling and Other Support Services
We help those who need assistance to the vulnerable, elderly and those who are unable to communicate in the English language. We are able to assist with filling forms including: Driving license applications, Passport applications, Housing benefit applications, Children’s schooling applications just to name a few. Many people in our community visit SYUINUK Community College to access our free form filling service. One of the forms we fill include driving licence applications. Our staff expertly and quickly help people with the process of applying for a driving licence whether it is an online application or a paper copy. Because our process is efficient, there is minimal delay in our client’s driving licence applications.
Another form filling service we offer are passport applications. Applying for a first passport or a renewed passport is a very tedious task. Many people in our community are unable to fill in this type of form due to many factors which include: not being able to read or write in the English language or simply being busy with the home. This service is especially helpful to single mothers/fathers and the elderly who may have problems with the small print on the forms.
Many of our clients are in need of housing assistance, especially single parents. Due to the high divorce/separation rates in our community, there are many single parents who become the sole providers for their children. Now, with the high rent prices in London and high childcare costs, it is impossible for many single parents with young children to work full time, this is why they need
housing assistance. Our skilled staff help those who need housing assistance to apply for housing benefit quickly and efficiently. As a charity we aim to please and help the vulnerable members of our community to the best of our ability.
SYUINUK Community College shares a building with a nursery. Many of our learners who attend our college for ESOL classes have young children who are entitled to 30 hours of childcare. As many of our learners are new to the English language, filling in a complex form such as a child school application can look quite intimidating. All members of staff at SYUINUK Community College are able and willing to help our learners or other members of our community with forms such as this. Our service is very effective and parents are able to enrol their children on the same day of form completion.
b. EMPLOYMENT SKILLS
As we have seen the previous year, many people have unfortunately experienced unemployment because of the Covid-19 and the subsequent lock down. To help members of our community to get back on their feet, we have been offering many employment related services including: interview techniques, references, volunteering opportunities, CV building as well as employability skills training.
Our reference service is quite popular as many members of our community are willing to work, yet lack the legible reference needed to get their preferred job. To help boost employment in our community we offer this service. Many of our clients whom have received this service have secured the jobs they have applied for.
Many members of our community lack the basic ICT skills, due to this deficiency, many are without CVs. This now becomes a problem as we are slowly recovering from the COVID-19 pandemic and there are more job offers coming about. This service greatly helps job seekers and those in need of a CV. Our CV writing service only takes a day or two depending on the length of the clients experience and qualifications. All of our clients whom have received this service are satisfied and pleased with the service as well as their CVs.
With jobs becoming more competitive, we aim to support our youth by offering volunteering opportunities so that they may build their CVs and obtain the experience needed for their future employment. Our volunteering opportunities are also important for the community as our volunteers make a great difference within our community. Our volunteers experience many
different job roles including: administrative work, cleaning, teaching, and general office work. All of our current and previous volunteers have thoroughly enjoyed their time with us and have positively impacted our community.
8. General business
The chair welcomed Mrs Hawo to the microphone to speak about the Charity Commission’s advice and what Somali Youth Union in UK has done about it so far. The Chair welcomed Mrs Hawo who was with the new Chair Mr Hassan when the Charity Commissions was having a video call meeting emphasised the importance the policies implementations have for both the staff, the volunteers and the overall Charity’s performance and work ethics. Mrs Hawo said that he Charity Commission has strongly recommended us (Trustees) to implement our policies for the benefit of the Charity and its service-users as a whole. Our Charity has got policies and procedures and we as Trustees, have obligations and are responsible for their implementations. I am happy to inform you that since our first meeting with the Charity Commission, our Charity evaluates every policy after its implementation, and Mrs Hawo received a pool of applause from both the audience (members) and the Trustees.
Similarly, Mrs Hawo continued talking about policies implementations and the trainings for the staff and volunteers. Mrs Hawo said when polices are implemented, the staff and the volunteers require trainings about how the polices are implemented in order to sufficiently fulfil their roles and responsibilities. Because Mrs Hawo said that if one is not aware of any policy or procedure, he/she can make a mistake, which will undoubtedly have a negative consequence for the Charity as well as the trustees. Mrs Hawo continued by saying we, as Trustees are required to meet our legal requirements and responsibilities to educate our staff as well as our volunteers to avoid complications as the Charity Commission has made us clear in our last video call meeting.
The chair then reiterated how it is important for our staff and volunteers to be educated, trained and equipped with how and when policies and procedures function what to do when certain activities are taking place. And as Mrs Hawo quite rightly expressed we, as Trustees have been advised by the Charity Commission in both video call occasions I participated to update our policies and train our staff and volunteers in order to improve the quality of our provision and avoid confusions, which can undoubtedly lead neglecting our responsibilities.
Adjourned
The Meeting was adjourned at 3.30pm by the newly re-elected Chairperson. The next Meeting will be at 2pm on Saturday August 27[st] , 2022, at St George Community Centre. Minutes submitted by the Trustees and Management Board approved by the members present.
Signed: _____
Mr Jama Hassan (Chairman)
Participants
| 1. | Mr Hassan Hassan | Chairman | |
|---|---|---|---|
| 2. | Mrs Hawo Idaaja | Secretary | |
| 3. | Deeqa F Botan | Trustee | |
| 4. | Zakaria M Haji | Trustee | |
| 5. | Dr Mohamed Haji | member | |
| 6. | Mrs Su’ad Ismail | member | |
| 7. | Abdullahi H | member | |
| 8. | Muna Hassan | Tutor (previous staff) | |
| 9. | Latifa D | Volunteer | |
| 10. | Navin Patel | Volunteer | |
| 11. | Asad Olow | Volunteer | |
| 12. | Deeqa Botan | Volunteer | |
| 10. | Fathi Saleh | Member | |
| 11. | Hawa I | Member | |
| 12. | Zakaria H | Member | |
| 13. | Abdi Mahad | Member | |
| 14. | Asha Ali | Member | |
| 15. | Mohamed Hussein | ` | Member |
| 16. | Miss Iman M Abdalla | Volunteer | |
| 17. | Navin Patel | Volunteer |
Charity number: 1094833
SOMALI YOUTH UNION IN UNITED KINGDOM
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
SOMALI YOUTH UNION IN UNITED KINGDOM
Contents Page For the year ended 31 March 2021
Report of the Trustees 1 Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4
SOMALI YOUTH UNION IN UNITED KINGDOM
Notes to the Financial Statements 5 to 7 Detailed Statement of Financial Activities
8
SOMALI YOUTH UNION IN UNITED KINGDOM Report of the Trustees
For the year ended 31 March 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity SOMALI YOUTH UNION IN UNITED KINGDOM Charity registration number 1094833 Principal address 8 - 12 LANCASTER ROAD SOUTHALL Middlesex UB1 1NW
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Miss IDAAJA HAWO Mr J W HASSAN Mrs DEEQA BOTAN Mr ZAKARIE HAJI Independent examiners M.AFOLABI & CO LIMITED 133 HESTON ROAD HOUNSLOW MIDDLESEX TW5 0RD
Approved by the Board of Trustees and signed on its behalf by
Mr J W HASSAN............................................................................. Trustee
1 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM
Statement of Financial Activities For the year ended 31 March 2021
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Raising funds 4 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 28,028 22,500 50,528 (44,632) (44,632) 5,896 (19,341) (13,445) |
2020 £ 1,131 33,500 34,631 (43,737) (43,737) (9,106) (10,235) (19,341) |
|---|---|---|
2 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Statement of Financial Position
As at 31 March 2021
| Notes Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 11 Total funds Creditors: amounts falling due within one year 10 Net current assets |
2021 £ 389 (13,445) (13,445) (13,445) (13,445) (13,941) (13,834) 389 107 107 |
2020 £ 518 (19,341) (19,341) (19,341) (19,341) (23,066) (19,859) 518 3,207 3,207 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr J W HASSAN Trustee
3 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM
Notes to the Financial Statements For the year ended 31 March 2021
1. Accounting Policies Basis
of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
SOMALI YOUTH UNION IN UNITED KINGDOM meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received ncome from charitable activities Unrestricted funds Activity 1 Income from charitable activities xpenditure on generating donations and legacies Unrestricted funds |
2021 £ 5,500 22,528 28,028 2021 £ 22,500 2021 £ |
2020 £ 1,131 - 1,131 2020 £ 33,500 2020 £ |
|---|---|---|
3. Income from charitable activities
4. Expenditure on generating donations and legacies
4 of 8
| SOMALI YOUTH UNION IN UNITED KINGDOM Donations Sponsorships Support costs |
17,678 4,372 22,582 44,632 |
23,243 1,900 18,594 43,737 |
|---|---|---|
5 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued
For the year ended 31 March 2021
5. Analysis of support costs
| Voluntary Income IT Support cost 5 Governance costs |
2021 £ 564 1,449 20,569 22,582 |
2020 £ 160 1,879 16,555 18,594 |
|---|---|---|
6. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| Depreciation of owned fixed assets Accountancy fees Staff costs costs for the year ended 31 March 2021 were: Salaries and wages CHARITABLE ACTIVITY |
2021 £ 129 420 2021 £ 13,255 |
2020 £ 173 420 2020 £ 23,243 23,243 2020 2 2 |
||
|---|---|---|---|---|
| 13,255 | ||||
| 2021 2 2 |
||||
7. Staff costs
Total staff costs for the year ended 31 March 2021 were:
8. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
9. Tangible fixed assets
| Plant and | Fixtures and | Computer | ||
|---|---|---|---|---|
| Cost or valuation | machinery | fittings | equipment | Total |
| £ | £ | £ | £ | |
| At 01 April 2020 | 14,549 | 1,160 | 9,160 | 24,868 |
6 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued For the year ended 31 March 2021
1,160 9,160 24,868
At 31 March 2021
14,549
| Depreciation At 01 April 2020 Charge for year At 31 March 2021 Net book values At 31 March 2021 At 31 March 2020 Creditors: amounts falling due within one year Other creditors Accruals and deferred income Movement in funds Unrestricted Funds General General Unrestricted Funds - Previous year |
14,251 75 14,325 Balance at 01/04/2020 £ (19,341) (19,341) Balance at 01/04/2019 £ 224 298 |
1,160 - Incoming resources £ 50,528 50,528 Incoming resources £ 1,160 - - |
8,940 55 8,995 2021 £ 12,010 1,931 13,941 Outgoing resources £ (44,632) (44,632) Outgoing resources £ 165 220 |
24,351 129 24,480 2020 £ 20,755 2,311 23,066 Balance at 31/03/2021 £ (13,445) (13,445) Balance at 31/03/2020 £ 388 518 |
|---|---|---|---|---|
10. Creditors: amounts falling due within one year
11. Movement in funds
General
7 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued For the year ended 31 March 2021
| General Purpose of unrestricted Funds General Charitable |
(10,235) (10,235) |
34,631 34,631 |
(43,737) (43,737) |
(19,341) (19,341) |
|---|---|---|---|---|
12. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible Net current Net Assets fixed assets assets / (liabilities) £ £ £ 389 (13,834) (13,445) 389 (13,834) (13,445) Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 518 (19,859) (19,341) 518 (19,859) (19,341) |
Tangible Net current Net Assets fixed assets assets / (liabilities) £ £ £ 389 (13,834) (13,445) 389 (13,834) (13,445) Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 518 (19,859) (19,341) 518 (19,859) (19,341) |
|---|---|---|
| 518 | (19,859) |
8 of 8
Charity number: 1094833
SOMALI YOUTH UNION IN UNITED KINGDOM
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
SOMALI YOUTH UNION IN UNITED KINGDOM
Contents Page For the year ended 31 March 2021
Report of the Trustees 1 Independent Examiner's Report to the Trustees 2 Statement of Financial Activities 3 Statement of Financial Position 4
SOMALI YOUTH UNION IN UNITED KINGDOM
Notes to the Financial Statements 5 to 7 Detailed Statement of Financial Activities
8
SOMALI YOUTH UNION IN UNITED KINGDOM Report of the Trustees
For the year ended 31 March 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity SOMALI YOUTH UNION IN UNITED KINGDOM Charity registration number 1094833 Principal address 8 - 12 LANCASTER ROAD SOUTHALL Middlesex UB1 1NW
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Miss IDAAJA HAWO Mr J W HASSAN Mrs DEEQA BOTAN Mr ZAKARIE HAJI Independent examiners M.AFOLABI & CO LIMITED 133 HESTON ROAD HOUNSLOW MIDDLESEX TW5 0RD
Approved by the Board of Trustees and signed on its behalf by
Mr J W HASSAN............................................................................. Trustee
1 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM
Statement of Financial Activities For the year ended 31 March 2021
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Total Expenditure on: Raising funds 4 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 28,028 22,500 50,528 (44,632) (44,632) 5,896 (19,341) (13,445) |
2020 £ 1,131 33,500 34,631 (43,737) (43,737) (9,106) (10,235) (19,341) |
|---|---|---|
2 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Statement of Financial Position
As at 31 March 2021
| Notes Fixed assets Tangible assets 9 Current assets Cash at bank and in hand Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 11 Total funds Creditors: amounts falling due within one year 10 Net current assets |
2021 £ 389 (13,445) (13,445) (13,445) (13,445) (13,941) (13,834) 389 107 107 |
2020 £ 518 (19,341) (19,341) (19,341) (19,341) (23,066) (19,859) 518 3,207 3,207 |
|---|---|---|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mr J W HASSAN Trustee
3 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM
Notes to the Financial Statements For the year ended 31 March 2021
1. Accounting Policies Basis
of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
SOMALI YOUTH UNION IN UNITED KINGDOM meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received Grants received ncome from charitable activities Unrestricted funds Activity 1 Income from charitable activities xpenditure on generating donations and legacies Unrestricted funds |
2021 £ 5,500 22,528 28,028 2021 £ 22,500 2021 £ |
2020 £ 1,131 - 1,131 2020 £ 33,500 2020 £ |
|---|---|---|
3. Income from charitable activities
4. Expenditure on generating donations and legacies
4 of 8
| SOMALI YOUTH UNION IN UNITED KINGDOM Donations Sponsorships Support costs |
17,678 4,372 22,582 44,632 |
23,243 1,900 18,594 43,737 |
|---|---|---|
5 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued
For the year ended 31 March 2021
5. Analysis of support costs
| Voluntary Income IT Support cost 5 Governance costs |
2021 £ 564 1,449 20,569 22,582 |
2020 £ 160 1,879 16,555 18,594 |
|---|---|---|
6. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| Depreciation of owned fixed assets Accountancy fees Staff costs costs for the year ended 31 March 2021 were: Salaries and wages CHARITABLE ACTIVITY |
2021 £ 129 420 2021 £ 13,255 |
2020 £ 173 420 2020 £ 23,243 23,243 2020 2 2 |
||
|---|---|---|---|---|
| 13,255 | ||||
| 2021 2 2 |
||||
7. Staff costs
Total staff costs for the year ended 31 March 2021 were:
8. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
9. Tangible fixed assets
| Plant and | Fixtures and | Computer | ||
|---|---|---|---|---|
| Cost or valuation | machinery | fittings | equipment | Total |
| £ | £ | £ | £ | |
| At 01 April 2020 | 14,549 | 1,160 | 9,160 | 24,868 |
6 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued For the year ended 31 March 2021
1,160 9,160 24,868
At 31 March 2021
14,549
| Depreciation At 01 April 2020 Charge for year At 31 March 2021 Net book values At 31 March 2021 At 31 March 2020 Creditors: amounts falling due within one year Other creditors Accruals and deferred income Movement in funds Unrestricted Funds General General Unrestricted Funds - Previous year |
14,251 75 14,325 Balance at 01/04/2020 £ (19,341) (19,341) Balance at 01/04/2019 £ 224 298 |
1,160 - Incoming resources £ 50,528 50,528 Incoming resources £ 1,160 - - |
8,940 55 8,995 2021 £ 12,010 1,931 13,941 Outgoing resources £ (44,632) (44,632) Outgoing resources £ 165 220 |
24,351 129 24,480 2020 £ 20,755 2,311 23,066 Balance at 31/03/2021 £ (13,445) (13,445) Balance at 31/03/2020 £ 388 518 |
|---|---|---|---|---|
10. Creditors: amounts falling due within one year
11. Movement in funds
General
7 of 8
SOMALI YOUTH UNION IN UNITED KINGDOM Notes to the Financial Statements Continued For the year ended 31 March 2021
| General Purpose of unrestricted Funds General Charitable |
(10,235) (10,235) |
34,631 34,631 |
(43,737) (43,737) |
(19,341) (19,341) |
|---|---|---|---|---|
12. Analysis of net assets between funds
| Unrestricted funds General General Previous year Unrestricted funds General General |
Tangible Net current Net Assets fixed assets assets / (liabilities) £ £ £ 389 (13,834) (13,445) 389 (13,834) (13,445) Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 518 (19,859) (19,341) 518 (19,859) (19,341) |
Tangible Net current Net Assets fixed assets assets / (liabilities) £ £ £ 389 (13,834) (13,445) 389 (13,834) (13,445) Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 518 (19,859) (19,341) 518 (19,859) (19,341) |
|---|---|---|
| 518 | (19,859) |
8 of 8