IRA I COMMUNITY ASSOCIATION . Charity Number: 1101109 Company Number: 4684099 FINANCIAL STATEMENTS FOR THE YEAR-ENDED ST 31 MARCH 2024 Company No. 4684099 I COMMUNITY AS CIATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR-ENDED 31 MARCH 2024 Legal and Adminlstration information........................ Trustees, Report................................................................... ...... ............. Independent Examiner's report of the Trustees of Iraqi Association... Statement of the Flnanclal Activities..... .10 Balance Sheet................................. 11 Accounting Policies... .12-13 Notes to the Financlal Statements.... .1*18 Company No: 4684099 IRAQI COMMUNITY ASSOCIATION LEGAL & ADMINISTRATIVE DETAILS FOR THE YEAR-ENDED 31 MARCH 2024 Status: Iraqi Communlty Assoclatlon, commonly known aslraql Associatlon, is a company limlted by guarantee reglstered In England and Wales, No: 4684099 and a reglste.red charrty,No: 1101109 Reg18tsred Offlce and Reglstsred Addrn••". Unit 1, Cavell House 233 Wood Lane London W12 OHL Honorary offlcers: Mr. Abdul Amlr Khudaylr{Chairperson) Mr: Osama Al-wakll (Treasurer) Bankern: Barclays Bank PIC Piccadilly Corporate Banklng Centre Pall Mall Corporate Group P.0 Box 15165 London SW1A 1QF Indepondont examlnar: Cohen & Co. Accountants 129 Statlon Road London NW4 4NJ . Company No.. 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES ST FOR THE YEAR-ENDED 31 MARCH 2024 The trustees have pleasure In presenting thelr report together with the fmancial statements of the company for the year-ended 31st March 2024. The financial statements of the charity are prepared in accordance wlth the accounting policles set out on page 10 and comply with the charfty's trustees and applicable law. StatUS The govèrnlng document is the Memorandum and Artlcles of Assoclation of the Company gnd members of the Board of Trustees are the Directors of th8 company. Its governlng Instrument Is the m6morandum and Artlcle8 of Association. Appolntment of Trustees Is by electlon at the General Meeting, which takes place annually, and p03tal ballots are conducted when necessary. The chairperson and Offi¢er8 are appointed by the Trustees. The board of Trustees meets elgm tlmes a year. In additlon, a sp8clal strategy meetlng Is held annualty to consider the long-temi direction of the Associatlon and tg pr.oduce an actlon plan. Governance The charlty Is governed by the Trustees who are also the Dlrectors and members of the Company and meet elght tlmes a year. They ensure thal the Assoclatlon's actlvities flt withln the agreed charitable objectlves. Thelr work Includes sattlng the strateglc dlrection . and agreelng the flnanclal strategy and operatlonal budgets. The A8soclation'8 governlng,, document 1$ the Memorandum and Articles of As8oclation. Dlrector8 The followlng were dlrectors durlng the year. Abdul Amir Khudaylr Karim Alsabaa Osama Al Wakil Saml Forat Ibrahkn Malik Hamza Abdul Ilah Tawfik Abdoh G. Mohammad Fawzla Alwajl Dalal Taaban Ehsan Al-yasirl (Appointed on 09 06 2023) (Appolnted on 09 06 2023) (Reslgned on 09 06 2023) (Reslgned on 09 06 2023) (Reslgned on 09 08 2023) Mls8lon Stst•monts Iraqi Associatlon Is an Independent non-political and non-sectan'an organlsatlon. It exlsts to help Iraqi8 and non-lraqis settle and Inlegrate 8ucLxssfully in thls country, wlth rightg to express their cultural identlties. Our worf( is aimed at settled and vulnerable member8 of the ¢omffiunity, and includes provlding voluntearing, advice servlc88, user.led workshops, online community-led Inforniation, a community newsletter, managlng and serving older people's day centres and a women's weHbeing dub, organlslng seminars and cultural & soclal communty events. Company No: 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES 8T FOR THE YEAR.ENDED 31 MARCH 2024 (CONTINUED) In accordance with the requirements of the Charlties Act 2011, the Trustees of Iraqi Association have paid due regard to the Charlty Commlssion's guidance on public benefit when decidlng on and planning Iraqi Association activities. The sections whlch follow demonstrate how the Iraqi Association met its charitable purposes during the course of the year 1 April 2023 - 31 March 2024 and its prlnclpal achievements undor fts re8pectlve strateglc prlority areas of work. Our main activitles and who we try to help are described below. All of our charitable activitios are planned to further our charitsble purpose8 for the public benefit, and In. particular Ihe trustees consider how planned activities will contrlbute to the alms and obJectlve$ they have set. All of our charitable activitles focus on promolng social inclusion by enabling the potential of Indlviduals and developing the integration of our oommunlty, . with a partlcular empha818 on working with people who are most disadvantaged. Actlvltloo and R•vlow• During the year the Associatlon fulfilled Its m1881on by: Provlding practlcal Support and assistance In the fields of welfare, Immlgratlon, older ', people, women, volunteering, educatlon and employment. Offerlng regular confidential advice and guidance using one-to-one and group sesslons. Dlssemlnatlng online user-led Information. DelNerlng and promoting active volunteering tsrgetlng all age groups. Organlsing regular soclal and cultural events. Preparing and deliverlng communty-led outing8 targetlng vulnerable and Isolated people. Supporting vulnerable and socially excluded members of the community. Publishing a communlty-led "Akmuntada. newsletter. Managlng and delivering services for oldew peopl• arKI an older people day centre. Assisting famllles and vulnerable women and delivering a women's wellbelng club. Improvlng pollcles and Service delivery methods based on users-feedback Information and achleved Advice Qualty Services (AQS) and of Immigratlon Services Commi8slon (OISC) standards. The organlsation also helps Iraql Chlldren and raises awareness on issues relevant to the communlty. Equally, the charlty offers dally advice and information on: Houslng Employment Famlly Needs Welfare Tralnlng Educatlon Immlgratlon Publlc Heatth Company No: 4684099 IRAQICOMMUNITY ASSOCIATION REPORT OF THE TRUSTEES 8T FOR THE YEAR.ENDED 31 MARCH 2024 (CONTINUED) Publlc bonofits and achlevements In tho Year "Older People Connect" The 'Older People Connecr is a fNe-year project funded by the Natlonal Lottery Fund, to contlnue to reach18olated older people who have little or poor quality of lrfe. loenable them to integrate and engage In social interaction through positive community attitude by encouraglng them to b8 actlvely involved in the community, themed events and older people'sclub8. It will create healthler. more active people In the community and encouraglng more independence.And to contlnue with offering; Advlce and guidance. Necessary settlement Information In 3 language8 uslng e-community newsletter and onllne methods. Sustainable peer group community networklng sesslons wlth and for isolated plder u8er8. Communlty networklng wtth volunteer8 and to reach hard-to-reach indlvlduals. Thls grant strengthens our capactty to carry out our work to more effectlvely meet the changlng need8 of our cllent8. It readdresses the imbalance through th6 provision of inf0m￿tIon, advlce and advocacy, Increasing resillence and reduclng exclusion... . Support for r•fugee8, aBylum 8o•k•rn & mlgrant• This project is funded by Clty Bridge Trust to provlde 5mmlgration, welfare & settlement., advice to asylum 8eeker8, refugèes and mlgrants, reachlng the following outcome8', > Increased economlc well-belng, through face-to-face & tslephone advlGe 8esslon8 In areas of welfare, houslng and immlgration. Ensurlng the r6celpt of walfare benefit entitlements, better & 8UStalned accommodation and resolved immlgration statu8. > Empowerment by reducing isolation. as Service users are adv18ed In community languages and madeaware of their rlghts & entitlements. > Home vl$it8 & outreach to disabledlhousebound people. 618sue8 of newslettor annually in communlty languages. > Facilitate a￿38 to qualtty legal advice servlce8 by identifying help available of legal representatlon through Improved referral arrangernents & collaboratlon with voluntary and statutory service provider8. Legal Advlco Thls project Is funded by Trust for London under the "Connected Communitles - Advlce work. programme, to meel the needs of dlsadvantaged members of the Iraql &Arabic- speaking community, by serving and representing Indivlduals and groups from all sectors of our communlty regardless of their religion. ethnlclty, political affiliatlon, gender, disabillty, and sexual orientatlon. It also Ilnks them with the settled community, and meets their 5mmediate needs by offering advlce and support, on immigration. welfare entitlements, hou51ng and accommodation need8, accessing relevant services, outreach work and community-led actlvlties. Company No: 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES ST FOR THE YEAR-ENDED 31 MARCH 2024 (CONTINUED) Last year our help reached categories of the following users: Lonely and vulnerable older people who needed befriending > Homele8s people who need support > Women In need of support > Families with young children needlng support > People Ileeing domestic vlolence > People who need employment advlce & guldance > People who need 8UPPOrt to live independently People with mental heafth problems > People wtth disabillties Old•r Peopl• Wellbelng Projact Thls Is a 3-year muttllingual advocacy& advice project funded by the Mercer's Company, targetlng i801ated Iraql &Arabic•speaklw older people, to tackle isolatlon and poverty through a two-pronged approaGh. Firstly, we reach out to the communlty, targeting older people who are isolated and hard-to- reach, to provide them wSth advice and Infomiation to become less isolated and dependent. Secondly, we help people connect with each other through group activlties, day centres and, a programme of social and cultural events. Thls project aim8 to Improve confidence and weNbelng while reduclng isolation through. Improved skills and opportunit188 and informal group Gounstslllng, exerclse 8es81on8 and health awareness work8hops. The Oldor Poopl• Support Project The Older People Support Project Is funded by Deutsche Bank, offerlng multilingual; advocacy, support and advice to 150 older Iraql and Arabic-speaklng people across London, to ensure they can access relevant statutory and communty support. Soclal and cultural aetlvities arealso offered to address the Isolatlon and lonellne88 faced by these . olderpeople. This grant enabled our chartty to provide extra advice time and contributed to deliver multlllngual advlce & guidance 8ervlces to Isolated and hard to reach older Iraql &Arabic speaking. people, Iraql Communlty Wellbolng Project This project Is funded by theNational Lottery Awards for All England programme, It comprfses of Week￿ 8esslons which bring together isolated people who face many barrier8 to belng able to lead fulfilllng and healthy life8ty18S. Through dlrect work with these groups. there arethree main areas belng tsrgetted In order to Improve overall wellbeing: 1- Physlcal activtty.. As well as obvious physlcal and mental health benefits, from previous experience we have found that Ihere is a hlgh demand and interest for these sessions, which therefore helps us reach the hard-to-reach when It comes to other parts of the project. Company No: 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES 8T FOR THE YEAR.ENDED 31 MARCH 2024 (CONTINUED) 2- FinanGlal literacy; Key durlng the cost-of-llvlng crisis, this will include budgeling, saving, smart spendlng. 3- Basic English and ICT 8ki118; Conversatlonal language skills and help with uslng $martphones and tablets. QldOL￿￿￿ntr , to connect older people with each other through group activltles and a programme of soclal and cultural events. The centres are a space to provide guldance and support to older people who are livlng in Isolatlon by offering services of befrlendlng volunteers, outreach work and malntaining eld•Tby networking. Durtng the course of the year, we offer servlces every week to an average of 20 older people. , is a weekty women's session wlth a range of actlvltlos Includlng; exerclse cla88es, health and wellbeing sesslons, workshops, entertalnmènt and refreshments. The maln beneficlarles are isolated Iraqi and Arabic•speaking older people aged 50+ livlng In London, and who are immigrants I refugees. Volunt••rfng Volunteerlng 8mp¢)wers Individua18 by Improving 8kills, confidence and selfwesteem. It Increases social capital and delivers innovative and much needed services to our. communlty. Coupled with that, volunteerlng Is a fundamental buildlng block of our clvll, society. Durlng the cour8e of the last 12 months, Iraql A8sociatlon ha8 engaged with an average of 4 voluntser8 every week. Communlty.l•d Workshops and S8mlnar8 We organised seminars and meeting8 on188ues related directly to our charlty's users and the communlty. Durlng the year we organi8ed 4 Seminars and cultural events on relevant $ubJects, with an average of over 50 people attendlng each seminar orevent. Cln•ma club We also ran a monthly film club in which a volunteer with a passlon for films select8 a dlfferenl film each month from a different part of the world to expose the community to Issues, cultures and Ideas they may not have previously come across, encouraging discusslon and engagement. Communlty Nowsletter & Settlement4ed Infomiatlon In th88e 12 monihs, we offered a range of services, u51ng cost effectNe methods, uslng both online and prlnted coples of our community newsletter and fa¢t8heets, prepared by volunteers, which reached 2,000 8ub8crlbers. Our bi-monthly communfty newsletter 'AI-Muntada' features seasonal client-led Publications and Is distributsd to empower clients and its readers with Up-t￿date infonnation and advice on accessing setvices, and changes in legislallon and procedures that affect the Iraql and Arab oommunitles settled In the UK Company No.. 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES ST FOR THE YEAR-ENDED 31 MARCH 2024 (Continued) Tru3tees' Respon8iblllties The law as applicable to charities in England and Wales requires the trustees to prepare financial statements at the end of each financial year which give a true and fair view of its finanolal adivities durlng the year and of its financlal posltion at the end of Ihe year. In preparing those financlal statements, the Trustees are required to: Select 8ultable accounting poHcie3 and then apply them conslstently. Make judgements and estimates that are reasonable and prudent. State whether applicable accountlng standards have been follovmd, subject lo any material departure8 disclosed and explalned In the financSal ststements. Prepare the flnanclal statements on the golng concern bas18 unless It Is Inappropriate to assume that the charity will contlnue on that bas18. The board of Trustees is responsible for keeping proper accounting records whlch dlsclose with reasonable accuracy at any time the flnanclal posltion of the company and to enable them to ensure that the flnancial statements comply with the Companies Act 2008. They are also respon81ble for safeguardlng the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularilles. The Trustees and Directors who 8eNed for the charity durlng the year were as follow8: Tru•tso8 Nam•: Abdul Amlr Khudayir Karlm Al8abaa Osama Al Wakil Saml Forat Ibrahlm Mallk Hamza Abdul Ilah Tawfik Abdoh G. Mohammad FlnanGlal Revlew The Assoclatlon's net surplusfor the year was £9,947. Funds The A880ciation has a number of funds whose purpose 18 detalled in note 10 of the financial statements. Flx•d As8•ts The movements in langlble Ilxed a8sels during the year are shown in note 7 of the financial 8talements. Re80rvg8 The trustees have establlshed a pollcy whereby fund8 held by the charity should be be￿een 6 and 12 months of resources to be expended. Th18 target has been met. Company No: 4684099 IRAQI COMMUNITY ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR-ENDED 31" MARCH 2024 (Contlnued) Rl8k Revlew A review of the rna￿r risks to which the charity 18 exposed, as Identified by the Trustees, have been reviewed and 8yStems and procedures have been estsblished to manage those rlsks. Systems of internal financlal control have been put In place deslgned to safeguard the Charity's assets, ensure that proper accounting record8 are malntalned and provide rellable and tlmely financial information. The Trustees are satisfied that these arrangements comblned with the reserves policy will ensure that resources are available to malntaln 86rvlce? for the foreseeable future in the event of adv6rse condltions, The Truste88 have also examined other operational and buslness risks faced by the charity and confirm that they have established 8yStems to mitigate the significant risks. Invo8tm•nt Pollcy The Memorandum and Articles of Assoclatlon authorise8 the Trustees to make and hold Investments uslng the general fund8 of the charity. zslio The accounts have been approved by the board of Trustees on ...... ...... on Its behalf by 2wL.Yand signed Mr. Abdul Amlr Khudayir Chairperson Company No: 4684099 I ASSOCIATION ort to the rustees of the Ira Inde endent Examlner's Re i Assocla lon We report on the ac¢ounls of Association for the period ended 31 March 2024, whl¢h are set OLrt on pages 7-16. These financial statements have been prepared under the historical Gosl conventlon and the accountlng pollcies set out on page 10. R08PaCtlve re8pon81bllltle8 of tru8te63 and examlnor As described In the Statement of Iruslee responsibilltles the trustees are responsible for the preparation of the finandal Statements. The charfty's trustees con8ider that an audit is not requlred for the year under sectlon 144 of th8 Charities Act 2011 and that an Independent examlnallon Is needed. It is our re8ponsibllity to: Examlne the accounts under sectlon 145 of the 2011 Act; - To follow Ihe proc8dure8 lald down in the General Dlrectlons glven by the charlty commis6ioner8 under Section 145 (5) of the 1993 Act; and - to State whother partlcular matters have come to our attention. Bas13 of Indap•nd•nt examlneVs report Our axaminatlon was carried out In accordance wmh lh• General Directlon8 glven by the Charlty Commlssloner8. An examlnation Includes a revlew of the accountlng records kept by the charfty and: , , a comparl8on of tha aC￿Unt8 presented with those records. It also Includes conslderation of any, unusual item8 or d18GIosuTe8 In the ac￿UnIs, and 8e8klng explanation8 from you a8 trustee8. concernlng any such matters. Thè procedur88 undertaken do not provide all the evld8nce that,.. would be requlred In an audft and con8equently we do not expre8s an audlt oplnlon on the VI￿., . glvan by the accounts. Ind•p•ndgnt •xamlnor'8 8tat•ment In connection wlth our examlnatlons, no matter has come to our attentlon: , , (1) Which give8 U8 rea80n8ble cause lo believe that In any materlal respct thè requirementg lo keep accountlng records In accordan¢e wlth sectlon 386 of the Companles Act 2006 .' Act; and to prepare account8 which accord wllh the accountlng records and comply wlth the. accountlng requlrement8 of the Companies Act and wlth the method8 and princlples of the statement of Recommendad Practlce: AccountSng And Reporting by Charltlgs (revised In 2005) have not been meet; or (2) to which, in our oplnlon, attentlon 8hould be drawn In order to enable a proper understandlng of the accounts lo be reached. Cohen & Co. Accountants 129 Station Road London London NW4 4NJ Cohen ccountants 129 tatlon R don NW 4NJ Company No: 4684099 IRA I ASSOCIATIO TATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR-ENDED 3 ST ARCH 2024 SUMMARY INCOME AND EXPENDITLIRE ACCOUNT 2024 2024 2023 Rtstrlctèd Fu ". Unr••trfGtod Tolal Totsl INCOMING RESOURCE8 Grants Membershlp and Other Income Iraql Chlld PrO￿¢t Donatlon Bank Interest Tax refund 135,861 135.881 9,661 5,612 2,563 859 113,718 14,457 2,949 430 9,561 s,e12 2,563 859 Total Incomlng R6sourc•s ' 136 861 154 466 131662 RESOURCES EXPENDED .. Dlr•ct ¢harltsbl• •xpondlturn Actlvltles . Support Costs Tl,789 61,7e6 2,077 2,877 79,88 64,843 64,308 53,308 139 555 144 509 117816 OTHER EXPENDITURE Fundralslng and publlclty Mana8ement and admlnlstratlon ' Total Resources Expended 139 555 117816 NET (DEFlaTI/SURPLUS FOR THE YEAR . -3,694 13,841 9.947 13,936 FOR THE YEAR FUNOS BROUGHT FORWARD 113,041 77,994 161,089 147,153 FUNDS CARRIED FORWARD All of the above results are derlved from continuing activities. There were no other recognised gains or losses other than those stated above. -10- Company No.. 4684099 SSOCIATION CE SHEET BALA AS ST 24 2024 2023 2023 FIXED ASSETS CURRENT ASSETS Debtor• . Cash at bonk and In hand 2,472 1,270 -10,185 287,861 223.948 257.876 223.948 . CREDITORS TOTAL A$8ETS LESS CURRENT LIA8ILITIE8 161089 FUNOS R•JlrlGl•d lund8 Unre8trICt￿ lund8 D•al9nated fund8 113,041 100,738 80,353 In approvlng the8e tlnanclal statement8 as trustees of lh8 company wo hereby ￿nf1M], (a) that for tha year•ended 31 March 2024 the company was enlltlod to exemptlon conferred by. Section 477 of the Companle8 Act 2006; (b) Ihat no nollce has been dep081ted at the reglstered office of the company pursuant to. Section 476 of the Companies Act 2006 requestlng Ihal an audlt to be conducted for the year ended 31 March 2019 and . (c) Ihat w6 acknowledge our ￿Sponsibl11t18s for: (1) èn3urlng Ihat the company k8ep8 proper aceountlng re¢ord8 which comply whh Sectlon 386 . and 387 of the Company Act 2006 and (2) preparlng financlal slatements which glve a true and faSr view of the state of affalr8 of the ompany aB at the end of Ihe finandal year end and of ft6 profft or108s for the year-end8d on , that date In acGordance with the requlrements of Sectlon 394 and 395 and whlch otherw180 omply wlth the requirements of the Companles Act 2006 relatlng to fmanclal statements, as far as appllcable to the company. The financlal statements have been prepared In accordance with the special provision8 of Part 15 of the Companies Act 2006 relating to small Companies. The accounts have be8n approved by the board of Trustees on al IL behalf by........................._ 24) l￿- . and slgned on its Mr Abdul Amlr Khudaylr Chalrperson -11- Company No: 4684099 I ASSOCIATION NOTES TO THE ACCO NTS FOR THE YEAR-ENDED 31 MARCH 2024 ST 1 ACCOUNTING POLICIES (a) Accountlng convention The financlal statements have been prepared under the hlslorlcal cost conventlon and In accordance wlth the Financial Reporting Standard for Smaller Entities {Effectlve Aprll 2008), the Companles Act 2006 and the requirement8 of the Statement of Recommended Practlce, Accountlng and Reportlng by charities. {b) Voluntsry Income18 Ctydlted to the Statement of Flnandal Actlvltla8 when ra¢elved. (c) Revenue grant8 are credlted to Ihe Statemenl of Flnancial Actlvitle8 when recelved or recelvablè whichever IB earlier, unless they relate to a speclflc future peiiod. in whlch ca88 they are d¢ferred. (d) Restrlcted funds are to be used for 8pecific purposes a8 lald down by the donor. Expendlture . which meets these crlteria Is charged to the fund, together with a falr allocatlon of management and admlnl8tratlve costs. (e) Unrestrlcted fund$ are donatlons and other Incomlng r080urce8 recelved or generated for the .' charitabla purp0808. (Q Depreclatlon Is provlded on all tangible fixed assets at rates calculated to write off the cost of each a88et over Its estlmated useful Ille. The d•preclatlon rat86 in tho use are a8 follows: Offlce and Computer Equipment: 20% reduclng balance Basls (g) Staff cost8 and overhead expenses are allocated to actlvltles on the basls of staff tlmè Spent on those aclfvltles.