IRAQI COMMUNITY ASSOCIATION Charity Number: 1101109 Company Number: 4684099 FINANCIAL STATEMENTS FOR THE YEAR-ENDED ST 31 MARCH 2025
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 Contents of the Financial Statements Legal and Administration information Trustees, Report Independent Examiner's report of the Trustees of Iraqi Association Statement of the Financial Activities 10 Balance Sheet 11 Accounting Policies 12 Notes to the Financial Statements 13-18
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 fARCH 2025 LEGAL & ADMINISTRATIVE DETAILS Status: Iraqi Community Association, commonly known as Iraqi Association, is a company limited by guarantee registered in England and Wales, No., 4684099 and a registered charity, No: 1101109 Registered Office and Registered Address.. Unit 1 , Cavell House 233 Wood Lane London W12 OHL Honorary officers Mr. Abdul Amir Khudayir (Chairperson) Mr. Osama Al-wakil (Treasurer Bankers: Barclays Bank PIC Piccadilly Corporate Banking Centre Pall Mall Corporate Group P.0 Box 15165 London SW1A 1QF Independent examiner,, Cohen & Co. Accountants 129 Station Road London NW4 4NJ
Compaiiy No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES The trustees have pleasure in presenting their report together with the financial statements of the company for the year-ended 31st March 2025. The financial statements of the charity are prepared in accordance with the accounting policies set out on pag8 12 and comply with the charity's truslees and applicable law. Status The governing document is the Memorandum and Articles of Association of the Company and members of the Board of Trustees are the Directors of the company. Its governing instrument is the memorandum and Articles of Association. Appointment of Trustees is by eleGtion at the General Meeting, which takes place annually, and postal ballots are conducted when necessary. The chairperson and Officers are appointed by the Trustees. The board of Trustees meets eight times a year. In addition, a special strategy meeting is held annually to consider the long-term direction of the Association and to produ an action plan. Governance The charity is governed by the Trustees who are also the Directors and members of the Company and meet eight times a year. They ensure that the Association's activities fit within the agreed charitable objectives. Their work includes selting the strategic directlon and agreeing the financial strategy and operational budgets. The Association's governing document is the Memorandum and Articles of Association. Dlrectors The following were directors during the year: Abdul Amir Khudayir Karirn Alsabaa Fawzia Alwajl Nithal Ibrahim Osama Al Wakil Sami Forat Ibrahim Malik Hamza Abdul Ilah Tawfik Abdoh G. Mohammad (Appointed on 09 06 2024) (Appointed on 09 06 2024) {Resigned on 09 06 2024) (Resigned on 09 06 2024) (Resigned on 09 06 2024) Mission Statements Iraqi Association is an independent non-political and non-sectarian organisation. It exists to help Iraqis and non-lraqis settl& and integrate successfully in this country, with rights to express their cultural identities. Our work is aimed at settled and vulnerable members of the community, and includes providing volunteering, advice services, user-led workshops, online community-led information, a community newsletter, managing and serving older people's day centres and a women's wellbeing club, organising seminars and cultural & social community events.
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES CONTINUED In accordance with the requirements of the Charities Act 2011, the Trustees of Iraqi Association have paid due regard to the Charity Commission's guidance on public benefit when deciding on and planning Iraqi Association activities. The sections which follow demonstrate how the Iraqi Association met its charitable purposes 81 during the course of the year 1 April 2024- 31 March 2025 and its principal achievements under its respective strategic priorlty areas of work. Our main activities and who we try to help are described below. All of our charitable activities are planned to further our charitable purposes for the public benefit, and in particular the trustees consider how planned activities will contribute to the aims and objectives they have set. All of our charitable activities focus on promoting social inclusion by enabling the potential of individuals and developing the integration of our community, with a particular emphasis on working with people who are most disadvantaged. Actlvltles and Reviews During the year the Association fulfilled Its mission by: Providing practical support and assistance in the fields of welfare, immigration, older people, women, volunteering, education and employment. Offering regular confidential advlce and guidance using one-to-one and group S6ssions. Disseminating online user-led information. Delivering and promoting active volunteering targeting all age groups. Organising regular social and cultural events. Preparing and delivering community-led outings targeting vulnerable and isolated people. Supporting vulnerable and socially excluded members of the community. Publishing a community-led "Al-muntada. newsletter. Managing and d81ivering services for older people and an older people day centre. Assisting families and vulnerable women and delivering a women's wellb8ing club. Improving policies and service delivery methods based on users-feedback information and achieved Advic8 Quality Services (AQS) and Immigration Advice Authority (IAA) standards. The organisation also helps Iraqi children and raises awareness on issues relevant to the community. Equally, the charity offers daily advice and information on.. Housing Family Needs Training Employment Welfare Education sl Immigration Public Health
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES Public beneflts and achievements In the Year 'Oldor People Connect" The "Older People Connect" is a five-year project funded by the National Lottery Fund, to continue reaching isolated older people who have little or poor quality of life, toenable them to integrate and engage in social interaction through positive community attitude by encouraging rnore active involvement in the community, themed events and older people'sclubs. It aims to make healthier, more active people in the community, encouraging mor8 independence, by continuing to offer. Advice and guidance. Necessary settlement information in 3 languages using e-community newsletter and online melhods. Sustainable peer group community networking sessions with and for isolated older users. Community networking with volunteers and to reach hard-to-reach individuals. This grant strengthens our capacity to carry out our work to more eff@ctiV8ly meet the changing needs of our clients. It readdresses the imbalance through the provision of information, advice and advocacy, increasing r8silience and reducing exclusion. Support for refugees, asylum seekers & migrants This project is funded by City Bridge Trust to provide immigration, welfare & seltlement advice to asylum seekers, refugees and migrants, reaching the following outcomes:
Increased economic well-being, through face-to-face & telephone advi sessions in areas of welfare, housing and immigration. Ensuring the receipt of welfare benefit entitlements, better & sustained accommodation and resolved immigration status. Empowermant by reducing iso18tion, as service users are advised in community languages and made aware of their rights & entitlements. Home visits & outreach to disabledlhousebound people. 6 issues of newsletter annu211y in community languages. Facilitate access to quality legal advice services by identifying help available of legal representation through improved referral arrangements & collaboration with voluntary and statutory service providers. Legal Advice This project is funded by Trust for London under the "Connected Communitles - Advice work" programrne, to meet the needs of disadvantaged members of the Iraqi &Arabic-speaking community, by serving and representing individuals and groups from all sectors of our community regardless of their religion, ethnicity, political affiliation, gender, disability and sexual orientation. It also links them with the settled community and meets their immediate needs by offering advice and support, on immigration, welfare entitlements, housing and CONTINUED
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES accommodation needs, accessing relevant services, outreach work and community- led activities. Last year our help reached categories of the following users.,
Lonely and vulnerable older people who needed befriending Homeless people who need support Women in need of support Families with young children needing support People fleeing domestic violence People who need employment advice & guidance People who need support to live independently People with mental health problems People with disabilities Older People Wellbelng Project Thls 3-year multilingual advocacy& advice project funded by the Mercer's Company, started on 2111112021 and ended on 2011112024. The project targeted Iraqi &Arabic-sp&aking older people, to tackle isolation and poverty through a two-pronged approach. Firstly, connecting with older people who are isolated and hard-to-reach, to provide them with advice and information to become less isolated and dependent. Secondly, we helped people connect with each other through group activities, day centres and a programme of social and cultural events. The project enabled older users to maintain links with the community and avoid social isolation and develop peer support system that demonstrated a decreased level of client isolation, by: Bringing people together and building strong relationships in and across the community, Enabling more people to fulfil their potential by working to address issues at the earliest possible stage. This enabled project's older users to achieve: Improved economic well-being and access to local services. Less isolation & dependency Maintained and improved personal skills Iraqi Communlty Wellbeing Project This project is funded by the National Lottery Awards for All England programme. it comprises of waekly sessions which bring together isolated people who face many barriers to being able to lead fulfilling and healthy lifestyles. Through direct work with these groups, there are three main areas being targeted to improve overall wellbeing: 1- Physical activity. As well as obvious physical and mental health benefits, from previous experience we have found that there is a high demand and interest CONTINUED
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 CONTINUED REPORT OF THE TRUSTEES for these sessions, which therefore helps us reach the hard-to-reach when it comes to other parts of the project. 2- Financial literacy, Key during the cost-of-living crisis, this will include budgeting, saving, smart spending. 3- Basic English and ICT skills; Conversational language skills and help with using smartphones and tablets. Older Peo leDa Centre, to connect older people with each other through group activities and a programme of social and cultural events. The centre is a space to provide guidance and support to older people who are living in isolation by offering services of befriending volunteers, outreach work and maintaining elderly networking. Women's wellbein Clubis a weekly women's session with a range of activities including.. exercise classes, health and wellbeing sessions, workshops, entertainment and refreshments. Older People Project This was a 3-year grant by the Gordon Family Trust that was used towards the cost of 1 day salary of the Older People Connect Worker, who provided advice & guidance to isolated and vulnerable older Iraqi & Arabic-speaking people and to manage older people's day clubs. Volunteering Volunteering empowers individuals by improving skills, confidence and self-esteem. It increases social capital and delivers innovative and much needed services to our community. Coupled with that, volunteering is a fundamental buildlng block of our civil society. During the last 12 months, Iraqi Assoclation has engaged with an average of 4 volunteers every week. Communlty-led Workshops and Seminars We organised seminars and meetings on issues related directly to our charity's users and the community. During the year we organised 2 seminars and cultural events on relevant subjects, with an average of over 50 people attending each semlnar or event. Communlty Newsletter & Settlement-led Informatlon In these 12 months, we offered a range of services, using cost effective methods, using both online and printed copies of our community newsletter and factsheets, prepared by volunteers, which reached 2,000 subscribers. Our bi-monthly community newsletter "Al-muntada" features seasonal client-led publications and is distributed to empower clients and its readers with up-to-date
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES CONTINUED information and advice on accessing servicas, and changes in legislation and procedures that affect the Iraqi and Arab communities settled in the UK. Trustees, Responslbllities 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 financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, th8 Trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent, State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to assuma that the charity will Gontinue on that basis. The board of Trustees is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Gompany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities, The Trustees and Directors who served for the charity during the year were as follows: Trustees Name: Abdul Amir Khudayir Fawzia Alwaji Karim Alsabaa Nithal Ibrahim Osama Al Wakil Sami Forat Ibrahim Financlal Revlew The Association's net surplusfor the year was £10,043(YE 31 03 2024: Surpluswas £9,947). Fund5 The Association has several funds whose purpose is detailed in note 10 of the financial statements.
Compaiiy No. 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 REPORT OF THE TRUSTEES CONTINUED Fixed Assets The movements in tangible fixed assets during the year are shown in note 7 of the financial statemp.nts. Reserves The trustees have established a policy whereby funds held by the charity should be between 6 and 12 months of resources to be expended. This target has been met. Rlsk Review A review of the major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems and procedures have been established to manage those risks. Systems of internal financial control have been put in place designed to safeguard th8 Charity's assets, ensure that proper accounting records are maintained and provide reliable and timely financial information. The Trustees are satisfied that these arrangements combined with the reserves policy will ensure that resources are available to maintain services for the foreseeable future in the event of adverse conditions. The Trustees have also examined other operational and buslness risks faced by the charity and confirm that they have established systems to mitigate the significant risks. Investment Pollcy The Memorandum and Articles of Association authorises the Trustees to make and hold investments using the general funds of the charity. The accounts have been approved by the board of Trustees on signed on its behalf by Mr Falah Phaily Chairperson
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 Inde endent Examiner's Re ort to the Trustees of the Ira Association We report on the accounts of the Association for the period ended 31. March 2025, which are set out on pages 10-18. These financial statements have been prepared under the historical cosl convention and the accounting policies set out on page 12. Respective responsibilities of trustees and examiner As described in the siatement of trustee responsibilities the trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for the year under section 144 of the Charities Acl 2011 and that an independent examination is needed. It is our responsibility to: Examine the accounts under section 145 of the 2011 Act., To follow the procedures laid down in the General Directions given by the charity commissioners under Section 145 (5) of the 1993 Act; and - to slate whether particular matters have come to our atlention. Basls of Independant examiner's report Our examination was carried oul in accordance with the General Dlrections glven by the Charity Commissioners. An examlnation 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 dlsclosures 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 we do not 8xpress an audit opinion on the view given by the accounts. Independent examlner's statement In connection with our examinations, no malter has come to our att8ntlon: (1) Which gives us reasonable cause to belleve that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006 Act", and to prepare accounts whlch accord with the accounting records and comply with the accounting requirements of the Companies Act and with the methods and principles of the statement of Recommended Practice: Accounting And Reporting by Charltles (revlsed in 2005) have not been meet; or (2) lo which, in our oplnion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Cohen & Co. Accountants 129 Station Road London London NW4 4NJ ecountants 129 Station Road London NW4 4NJ j
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 STATEMENT OF FINANCIAL ACTIVITIES SUMMARY INCOME AND EXPENDITURE ACCOUNT 2025 2025 2025 2024 Réstrlcted Funds Unrestrl¢ted Funds Total Total INCOMING RESOURCES Grants Membership and Other Income Iraq Child Project Donation Bank Interest Tax refund 142,530 142,530 9,247 1,288 3,689 712 135.861 9,561 5.612 2,563 859 9.247 1,288 3,689 712 Total Incomlng Resources 142,530 14,936 157,466 154,456 RESOURCES EXPENDED Dlrect charitable expendlture Acllvitl8S Support costs 79,793 62,584 2,131 2,915 81,924 65,499 79,866 64,643 142 377 5,046 147,423 144.509 OTHER EXPENDITURE Fundralslng and publicity Management and administratlon Total Resources Expended 142 377 147 423 144,509 NET (DEFICIT)ISURPLUS FOR THE YEAR 153 9,890 10,043 9.947 FOR THE YEAR FUNDS BROUGHT FORWARD 109,347 91,635 200,982 191,035 FUNDS CARRIED FORWARD 109,500 101.525 211,025 200,982 All of the above results are dorived from continuing activities. There were no other recognised gains or losses other than those stated above, io
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 BALANCE SHEET 2025 2025 2024 2024 FIXED ASSETS CURRENT ASSETS Debtors Cash at bank and in hand 1,978 2,472 -10,185 279,959 267,861 279,959 257,676 CREDITORS TOTAL ASSETS LESS CURRENT LIABILITIES 211,025 191,035 FUNDS Restricted funds Unrestricted funds Designated funds 109,500 81,525 20,000 113,041 77,994 211,025 191,035 In approvlng these flnancial statements as trustees of the company we hereby confirm: (a) thal for the y8ar-ended 31. March 2025 the company was 8ntitled to exemplion conferred by SeGtion 477 of the Companies Act 2006; (b) that no notice has been deposited al the registered office of the company pursuant to Section 476 of the Companies Act 2006 requesting that an audit to be conducted for the year ended 31. MarGh 2019 and (c) that we acknowledg& our responsibillties for: (1) ensuring Ihat Ihe company keeps proper accounting records which comply with Sectlon 386 and 387 of Ihe Company Act 2006 and <2) preparing financial statements which give a true and fair view of the state of affairs of Ihe company as at the end of the financial year end and of its profit or loss for the year-ended on that date in accordance with the requirements of Section 394 and 395 and which otheNise comply with the requirements of the Companies Act 2006 relating to financial statements, as far as applicable to the company. The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small Companies. The accounts been approved by the board of Trustees on behalf by. .A" and signed on its Mr Falah Phaily Chairperson li
Company No.. 4684099 IRAQI COMMUNiff ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1 ACCOUNTING POLICIES (a) Accounting conventlon The flnancial statements have been prepared under the historical cost conventlon and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008), the Companies AGt 2006 and the requirements of the Statemenl of Recommended Practice, Accounting and Reporting by charities, (b) Voluntary income is crediied lo the Statement of Financial Activities when received. (c) Revenue grants are credited to the Statement of Financial Activities when received or recelvable whichever is earller, unless they relate to a specific future period, in which case Ihey are deferred. (d) Restricted funds are to be used for speciflc purpos8s as laid down by the donor. Expenditure which meet5 these criteria is charged to the fund, togelher wlth a fair allocalion of management and administratlve costs. (e) Unrestricted funds are donations and other incoming resources received or ganerated for tha charitable purposes. (f) Depreciation is provided on all langible fixed assets at rates calculated to write off the cost of each asset over its estimated useful life. The depreciation rates in the use are as follows: Offlce and Computer Equipment.. 200k reducing balance Basls (g) Staff costs and overhead expenses are allocated to activities based on staff tlme spent on those activities. (h) Fundralsing and publicity costs comprise the Costs actually incurred in producing materials for promotional purposes and of raising funds for the charity. (l) Management and administrative costs of the charity relate to the costs of running the charity such as the cost of méétings, audit and statutory complianGe, and include any costs which Gannot be specifically identified to other expenditure classifications. 12
Company No", 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 continued NOTES TO THE ACCOUNTS 2. GRANTS RECEIVABLE Restrlctad Unroslrlcted 2025 2024 3,532 3,784 LB H8mmersmilh and Fulham Deulsche Bank IOld8r People Fund The Clolhwokers, Foundatlon Gordon Famlly Fund London Catalyst Lollery communlly lund Clly Bridge Trust Tru81 for London Award for All The Morcers, Company Togethèr For London 3,532 11,158 4,000 16,000 4,000 16,000 10,000 729 33,608 20.370 23,124 4,036 19,748 9,304 48.897 32,997 24,375 5,800 6,929 48,897 32,997 24,375 5,800 6.929 135,861 Tolal Grants Rg¢elvablo 142,530 142,530 13
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS continued 3. ANALYSIS OF TOTAL RESOURCES EXPENDED Ch8rllabla AGlivilie$ Suppori Costs Fundraising Managemenl and Publlclty and Admln. 2025 Total 2024 Total 108.584 283 8,377 20,390 3,781 1,800 498 Employ89 Costs Olhw staff ¢osts Office runnlng costs Premises costs Events 8fKI aclivllles Accountancy lees Legal and prolesslonal fee8 Bank charges Depreclallon Sundry 77,674 34,897 55 9,910 16,493 112,571 55 9,910 16.493 4,250 1,800 1,758 74 494 4.250 1,800 1,758 74 98 818 494 18 18 Tolol Resources Expended 147,423 144,509 14
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 4. NET INCOMING RESOURCES FOR THE YEAR continued 2025 2024 This is stated after charging: Depreciation Independent Examination fees 494 1,800 618 1,800 5. STAFF COSTS AND NUMBERS 2025 2024 Slaff costs were as follows.. Salaries and Wages Soclal Security Costs 112,626 108,867 112,626 108,867 6. CORPORATION TAX The Association is exempt from Corporation Tax as it applies all its income to fulfllling its charitable purposes. 7. TANGIBLE FIXED ASSETS Offlce & Computer Equipment 2025 Total Cost At 1 st April 2024 Additlons 70,506 70,506 At 31st March 2025 70,506 Depreclatlon At 1st April 2024 Charge for the Year 68,288 494 68,288 494 At 31 st March 2025 68,782 68,782 Net Book Value At 31st March 2025 1,724 2.218 At 31st March 2024 2,218 15
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 continued NOTES TO THE ACCOUNTS 8. DEBTORS. amounts falling due within one year 2025 2024 Prepayments Sundry Debtors 15,984 9. CREDITORS- Amounts falllng due within one year 2025 2024 Accruals and olher creditors 70,912 70,912 69,113 69,113 10. PURPOSES OF RESTRICTED FUNDS Restricted funds include the following grants: LB Hammersmlth and Fulham The grant covered cost of a project that benefiled older people& women, who had no friends or relatives and lived in isolatlon. The project linked them Wlth the community uslng volunteers, and weekly activities th8t eased Iheir isolation and improved their heallh and well-being. Gordon Famlly Fund This funding was used towards an extra day salary of the Older People Workerand contributed to deliver a multllingual advice & guidance to isolated and hard to reacholder Iraqi & Arabic speaking people. Deutsche Banklolder Poople Fund The grant was used to provide welfare advice, assistance and practical support to Iraqi and Arabic-speaking older people and working to ensure they are supported towards improvement of their living conditions and well-being. Trust for London The grant Govered costs to deliver "Advice & Connect project. to meet the needs of a very dlsadvantaged sector of the Iraqi & Arabic speaking community, to serve and represent Individuals and groups from all seciors of community, Also linking them with the settled community and meet their immediate needs by offering advice and support, on immlgration, welfare entltlements, housing, outreach work and community-led activities. 16
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION sr FOR THE YEAR-ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS ontlnued Lottery Communlty Fund The grant covered the cost of the "Older People Connect project" that aims improve confidence, health, wellb8ing and reduce isolation through improved skills and opportunities for older Iraqi and Arabic-speaking people in London, by providing advice, information and support with welfare, health and housing issues. This included informal group Gounselling, exercisé sessions and health awareness workshops. Award for All This grant was about reaching and supporling vulnerable and Socially excluded Iraqi and Arabic-speaking older people and women in London and promote social inclusion through a range of clienl-led activities and opportunities. These included group sesslons to provide an opportunity to make friends and network, workshops to provide advice on issues ranging from accessing local services. welfare, health, fitness sessions and volunteering opportunities. The Mercers, Company The grant covered cosls to lackle Isolation and poverty amongst older people within the Iraqi and Arablc-speaking community in London through a two-pronged approach. Firstly, we reach out to the community, targeting older people who are isolated and hard-to-reach, to provide them with advice and information to become less isolated and dependent. Secondly, we help people connect with each other through group actlvilies, day clubs and a programme of social and cultural events. Clty Brldge Trust This funding is toward the provision of Immigration, welfare and settlement advice to asylum seekers, refugees and migrants under your Support for refugees, asylum seekers and mlgrants themed priority. 17
Company No: 4684099 IRAQI COMMUNITY ASSOCIATION ST FOR THE YEAR-ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS continued 11. UNRESTRICTED FUNDS General Funds Designated Funds Total Funds At 1st April 2024 Net incoming resources during the year 77,994 3,531 0.00 0.00 77,994 3,531 Transfers 20.000 81,525 At 31 st March 2025 61,525 20,000 81,525 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Restrlcted Funds Unrestricted Funds Total Funds Tangible Fixed Assets Current Assets Creditors.. Amounts falling due within a Year 1,978 81.525 1.978 191,025 109,500 (70,912) (70,912) Net Assets at 31 st March 2025 109,500 12,591 122.091 13. POST BALANCE SHEET EVENTS There were no significant post balance events. 14. TRANSACTIONS WITH TRUSTEES There were no material transactions with the trustee during the year. 15. CONTINGENT LIABILITIES $1 The Association had no material liabilities on 31 March 2025 nor on 31 March 2024. 16. Related Partles There were no related party transactions during the year. 18