2022-03-31-accounts

			Page
Directors and other information
Directors report
Accountants report
Statement ofcomprehensive		income
Statement offinancial	position		5-6
Notes to the financial	statements		7-9

			Lambeth Somali Community	Lambeth Somali Community	Lambeth Somali Community	Association	Association
			Company limited	by	guarantee
			Directors and other		information
Directors			Mr Abdalla Idris	Abdullahi
			Mr Mohamud Mohamed			Elmi
			Mr Saeed Ahmed
			Mr Abdirahman	Mohamed			Nur
			Mr Mohamed Ahmed
			Mr Ali Abdi Botan
Secretary			Miss Najma Ahmed		Elmi
Company		number	04597226
Charity	Number		1102904
Registered		office	Annex Building
			13-15 Stockwell	Road
			London
			SW9 9AU
Business		address	Annex Building
			13-15Stockwell	Road
			London
			SW9 9AU
Accountants			Zaidi and Co.
			Chartered Accountants
			241 Mitcham Road
			London
			SW179JQ
Bankers			Barclays Bank	Pic
			Clapham Common		Branch
			PO Box No
			SW12 9YB

				2022	2021
			Note		5
Turnover				39,668	57,607
Cost ofsales				(35,934)	(18,734)
Gross profit				3,734	38,873
Administrative		expenses		(5,822)	(6,640)
Operating (loss)/profit				(2,088)	32,233
(Loss)/profit	before taxation			(2,088)	32,233
Tax on (loss)/profit
(Loss)/profit	for the financial year and total
comprehensive		income		(2,088)	32,233

				Statement offinancial	Statement offinancial	position
				31st INarch	2022
						2022	2021
				Note			9
Fixed assets
Tangible assets				6	2,441		551
						2,441		551
Current assets
Cash at bank and	in hand				41,472		43,240
					41,472		43,240
Creditors: amounts		falling	due
within one year				7	(7,780)		(5,569)
Net current assets						33,692		37,671
Total assets less	current		liabilities			36,133		38,222
Net assets						36,133		38,222
Capital and reserves
Profit and loss account						36,133		38,222
Members funds						36,133		38,222

Tangible assets
		Fixtures,	Total
		fittings and
		equipment f
Cost
At 1st April 2021 Additions		3,906 2,426	3,906 2,426
At 31st INarch 2022		6,332	6,332
Depreciation
At 1st April 2021 Charge for the year		3,355 536	3,355 536
At 31st INarch 2022		3,891	3,891
Carrying amount
At 31stMarch 2022		2,441	2,441
At 31st March 2021		551	551
Creditors: amounts	falling due within one year
		2022	2021
Bank loans and overdrafts Social security and other taxes		1,850 98	2,467
Other creditors		5,832	3,102
		7,780	5,569

				2022	2021
	Notes	Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
			E		E
Incoming Resources
Voluntary Income BBCChildren in Need		18,150		18,150	30,610
Postcode Community Trust Grants Received London Community		20,501	617 400	617 20,501 400	822 22,425 3,750
Total Incoming Resources		38,651	1,017	39,668	57,607
Resources Expended
Charitable Activities
Education Project BBCChildren in Need		9,910		9,910	3,495
Postcode Community Trust Covid Relief Programme Community Events		7,355 16,867	1,802	1,802 7,355 16,867	636 12,379 2,224
Sub Total		~34132	~1802	~35934	~18734
Governance Costs
Rent Payable		1		1
Rates		92	75	167	191
Insurance		230	188	418	418
Light and heat Repairs and Maintenance Printing, postage and stationery		347 916 68	284 749 56	631 1,665 124	1,348 1,095 108
Telephone Hire of Hall		587	480	1,067	1,506 650
Bank Charges Accountancy Fees Bookeeping Fees		7 660	6 540	13 1,200	3 900 300
Sub Total		2~908	2~378	~5286	6519
Other resources expended		536		536	121
Total Resources Expended		37,576	4,180	41,756	25,374

hlet Incoming Resources for the year	1,075	(3,163)	(2,088)	32,233
Transfers	(1,075)	1,075
Prior Period Adjustment				10,440
Total funds brought forward		38,222	38,222	(4,451)
Total funds carried forward		36,134	36,134	38,222