TRUSTEES REPORT AND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 FOR SOMALI SENIOR CITIZENS CLUB SOMALI SENIOR CITIZENS CLUB CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page L•gal and admin¥trntlv• Infomiatlon Report d tho Tru8tO08 Report of th• Ind•p•nd•nt Examln•f St•tem•nt of Ilnanclil actlvltl•8 Balance Shwt Nots• to th• Flnanelal Statem•nt• lftcom• and Exp•ndhur• Account S¢)MAU SENIOR CITIZENS CLUB TATEMEKfs OF FINANCIAL ACTIVITIES LEGAL AND AOIAINISTRATIVE INFORMATIO LEGAL STATUS CWITY l¢J97 TRIA8TEES r 11 F••h r A G￿r￿d Mr Ar￿ ADErfIE&8 Gfx* C*yr*Thnty Hub 37 S•Th M•tr**s Row L*￿¢**) E2 6DT INDÈPEI4DEIIT exAhW4EA Chartertd Cértl•l AcY>)un￿L4 2tyJA 8ahnBI Gw•om Road &4Nw Pa9e i SOMALI SENIOR CITIZENS CLUB FOR THE YEAR ENDED 31 MARCH 2024 Unrnstrlct•L1 Rg•trl¢¢gd Tot Fund• FuThls 31.03.2024 Total 31.03 2023 INC(XING RESOURCES Lorklon BOr￿gh of Tryrter Hamlets 27292 27292 23250 LUr￿h Club Incomè 26790 28790 33524 OTHER DONATION 3600 36C National Heritage 15760 TOTAL INCOhllNG RESOURCES 57882 s7￿￿2 72534 RESOURCES EXPENDED: W￿9$ & salarf8s 27251 27251 27918 LurKh dub operating CASI 35798 35798 28170 Nab'onal Herttag8 proj8cI 15760 Direct Charita￿e expendrtufe 3049 -63049 71848 Gross incominglloutgolng res￿re*s) -5367 367 Man&Jemenl & 8dmln8lrallve expe￿83 -a￿7 6958 .72016 -72016 44890 Net incomlngl outgdng re8owce$ before transfer .14334 -14334 4272 Gross If￿31er tetsveen funds Net Incomlrol outgoing resourGes after tran8fer -14334 -14334 4272 Funds brought forward 25684 26684 31956 Fundi c*rrf•d lorward 11350 11350 25684 P&365 SOMALI SENIOR CITIZENS CLUB NOTE5 TO THE FINANCIAL STATEMENTS FOR HE YEAR ENDE 31 MARCH 2024 ACCOUNTING POLICIES A¢countlng conventlon The financlal statements have been prepared under the historieal cost convention and in accordance wth the statement of recommanded practice ISORP- FRS 102) and Charities act 2011 Tanglbl• fixod assets Tangible fixed assets are slated cosl185$ depreciation .DeprgGiallon is provided 81 the following annual rates in ordèr lo write off each asset ov•r its e8tlmaled useful Ilfe. Fixture Fittin98 Computer equlpm6nts 25% On cost 33% On c051 Ex¢o••lD•ficlt of funds Thg excessldeflell of funds 18 slated after chafging.. 31.03.2024 31.03,2023 D8pro¢iallon-ownèd a￿et¥ Staff costs Wage8 & 8alarl8B include8 salary pald lo both employees who provbded direct charitable service and those who were involved in management of the charity. Average no. of employees during the por*od was 3. 31.03 2024 31.03.2023 Salary 27251 27918 TANGIBLE FIXED ASSET3 Flxturo & Computer Flttln ment Tolal COST: Al 1 Apnl 2020 Addition 6621 600 7121 At 31 Mar¢h 2021 6521 600 7121 DEPRECIATION Al 1 Aprfl 2020 Charge for year Accumulated depre¢iation 6521 600 7121 6521 600 7121 NET BOOK VALUE . Al 1 April 2023 Al 31 March 2024 CREDITORS .' AMOUNTS FALLING DUE IkVITHIN ONE YEAR 31.03.2024 31.03.2023 Sundry uedilors & accruals Wages due Social security and other taxes 840 3926 270 5036 Page 7 SOMALI SENIOR CITIZENS CLUB BALANCE SHEET AS AT 31 MARCH 2024 Nots8 Total 31.03.2024 Total 31.03.2023 FIXED ASSETS . Tangible assets CURRENT ASSETS Stock Debtor Cash al bank and in hand 125 232 9452 9577 20866 21098 CREDrroRS . Amounts falling due within one year NET CURRENT ASSET8 9577 21098 NET ASSETS 9577 21098 FINANCED BY CAPITAL ACCOUNT Blf Add nel profit Total fund• 25684 -14334 11350 31958 272 25684 Page 6 INCOME AND EXPENDITURE ACCOUNTS FOR THE YEAR ENO D 31 AIAR 24 Ji.oi20 31.OJJ)23 232S0 CIL• 2•7W 21Th) 3JS24 O￿A ￿NAnC 157 51 27251 27918 Y57B8 ￿740 X170 157 63049 .5367 718 .5367 310 sw•n¢•'LeTh 4704 4704 25W) 1820 1050 1125 -143J4 -a2T2 FiibJT* 4 l*htyi .f4JJ• T2 •pPflOV*L ty f* •r•l ..............-...-.. TM•*w SOMALI SENIOR CITIZENS CLUB REPORT OF THE TRUSTEES FOR THF. Yfi.AR ENI)F.D.11 MARCH 2024 Th¢ iru5t¢¢s hav¢ thc plca5ur¢ in pr¢s¢nting th¢ir r¢port and the financial statemenls reviewed by the illdep¢ndellt ¢xamincr for th¢ year ended 31 Maroh 2024. LECWAL STA TUS Somali Senior Citiz¢ns Club is a registered charity governed by its constitution adopted on 13, March 2002. AIMS AND OWF.CTIVES Ihe Somali Senior Citizen Club was establishcd in MaTch, 2002 with the aim of promoting health and well- beingi of eldcrly Somali people in East London and tts provide support to the coinmunity in thcir soiial and culturdl activities. The obJeet8 of the Charlty 98 set out In Its constltullon are as fullow$: To promoic the hcalth and well-being of elderly Somali people in East l.ondon and to provide support. improving their communiry socially and Lulturally To provide quAlity gerviees that are sensilive lo the needs of the Somali ¢ld¢rly within the IA)ndon Borough of Tower Haml¢is and neibhbouring ar¢as. To provide d forum for the 8omali ¢ld¢rly io ¥om¢ iogeihcr for common PUTP(Tr5e$. sharin infomia¢ion and skills and addr¢s5in&i is511C5 Of common inlcrcsl. > To cncourage ¢he SoTnali eld¢rly 10 ac¢¢bs local publiL seTViCCS. C.g. health programs. welfarc and nsion 5¢hcmc aiid cross-¢ultural ¢v¥n To promote Social in¢e&rraiion, mutL4al communicatii)ns and co.op¢ralion within th¢ community and outside agenci¢¥, suih as the police. prison service and odier wLial serviccs > To fo$i¢r and maintain an active inlerest in local affairs PRINCIPAL ACTIVITIES Th¢ prirtcipal activities of th¢ club dr¢ as lollow5'. > Day time lunch served ￿1X day5 a week, Monday to 8alurday betsyecn 9.30 am ¢0 4 pm Providin8 advice and infomi¢ltion on S￿la1 welfar¢ services, nehvorking wilh lower F1411nlet's law Cenire. Housing I)ept￿men¢ and ¢iliL¢n's advice bureau > Health advice and interpTeldti()n 5¢rvi¢¢s > Runninu and in-house day surg¢ry for opti¢al and health related problcms > Providc facilities for social activitics and r¥li8iOUS Studies. APPOINTMENT OF TRUSTEES The irustees orc appointed from thc mcmbership of the club, the member Attending the Annual G¢neral Meeting io el¢¢t the trustees. RELATED PARTY London E3orough of 'lower Hamlct'5 Social Services actively support5 th¢ charity'g Lunch Club Services u￿1¢r a renewal service awcment. Page 2 SOMALI SENIOR CITIZENS CLUB REI PORT OF THE TRUSTEI ES FOR I'HL YEAR ENDED 31 MARCII 2024 FINANCIAL REVIEW AND PERFORMANCE The trustees consider the performance of ihe charity during the year is salisfa¢lory. However, an increased level of funding i5 required in ord¢r to Sustsin coniinued popularity in lunch club services and maintain a prudent level of reserve to support its contujuing activllies. STATEMEIYT OF TRUSTEES, RESPONSIBILITIES Luw applicable to charities in England and Wales rvquires the tNstees to pr¢pare financial statem¢nts lor ¢a¢h financial yedr that give a true and hir view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing th08e financial statements, the trustees are required to.. Select suitable accounting policies and apply ihem con$istently- Mak¢ judgements and esiimAies that are Teasonable and PTudent'. %¥ State wherher applicable accounting standard5 and staiements of recommended praclice have been fullowed, subject to ony departures disclosed gnd ¢xplained in the financial ¥tatements,' > Prepa￿ the finan¢ial slatements on a going ¢vn¢ern basis unless it is inappropriate to preyume that the ¢harity will continue in operation. The trustees are responsible for keeping. accounting records which disclose with reasonable accuracy at any time the financial Position of the charity and enable thcm to ensure that the financilll statements coinply with the Charities Act 2016. They are also respiinsibl¢ for safeguarding th¢ a¥￿tS of the charity and hence for iaking T￿Sonable steps for the pr¢veniion and dete¢tion of frdud and other irregularitics. INDEPENDENT EXAMINER A¢cording to the provisions of the Charities Act 2016, the ¢rustees agree thai an audit is nv¢ required for this financial year,. however. dtse to the provisions of the same act an independent examiner is required. Mr Mohammed Shahidullah of Shahidullah & Co (Chartered Certified Accountants) will be appctinled as an independent examiner for the ensuing year. APPROVAL This report was approved by the In￿lee$ on ... .and sigD¢d on iheir behalf. J*ma Om¥r Chalrman Moh*mmHd A Gullad /*/.,A.&th) Treasurer Date: .:01.:..%.2S- Date: Q>.o/....￿zrf Page 3 SOMALI SENIOR CITIZENS CLUB FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT E￿I￿lNERs,s REPORT TO TRUSTEES OF SOM.4LI SENIOR CITIZENS CLUB I report on the accounts of THE SOMALI SENIOR CITIZENS CLUB for the year ended 31 March 2024. which are set ou( on page¥ 3 to 8. Respectlve responsibilitles of Iruslees ex&mlner The Charity's truslees are responsible for ihe preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (wider $￿tIOn 43 (2) of the Charilies Act 2016) and thal an independent examination is needed. li is my responsibility to.. Fxamine the accounts under section 43 (31 (a) of the Charities Act 2016; 2. Follow the procedures laid down in the General Direclions by the Charity Commissioners und¢r section 43(7Hb) ol'the Charities Act 2016; 3. To state whether particular matt¢rs hav¢ ¢om¢ ¢0 my attenlion. B4Ji$ of independenl ExAmlner'8 report My examination wag cdrried out in a¢cordance with General Direction given by the Charity Commissioners. An examination in¢lud¢s a review of th¢ accounting records kepi by the charity and a CoM￿rIson of ihe accounts presented with those record5. It also includes COfbsidcra¢ion of any unusual items or disclosure in the accoufils and seeking ¢xplanatii)n5 from you as Irustees ¢onrxrning any such matters. The procedure llftdertaken doe5 nol provide all the evidence that would b¢ required in on audit, and conscqu¢ntly I do rK)l express an audil opinion on the View given by the accounts. Indtpendent ExamlTherYs Stat¢m¢nl In conn￿lI0n with my examination, no maiters ¢0 come my artention.. Which gives mc reasonable cause to believe ihat any matcrial rc4pectS the requirements.. To k¢¢p a¢¢ounting records in accordance with seclion 41 of the charities Act 2016 ond 'ro prepare aecoun¢$ which accord with the aLLounting records and eomply wilh ih¢ accounting requirerncnls of the Charities Act 2016, have noi been met, or 2. To which my opinion, Jtt¢ntiOll should be drawn in order io enabl¢ a proper understhnding ol'ihe a¢¢ounl& to b¢ T¢ached. M(Fhammed Shahidullah Shahidullah & Co Chfirtered Certified Accountanls 299A Bethnal Green Road London E2 6AH P8¥e 4