Company registration number: 04597226
Lambeth Somali Community Association
Company limited by guarantee
Unaudited financial statements
31 March 2025

Lambeth Somali Community Association
Company limited by guarantee
Contents
Page
Directors and other information
Directors report
Accountants report
Statement of comprehensive income
Statement of financial position
Statement of changes in equity
Notes to the financial statements
8-10

Lambeth Somali Community Association
Company limited by guarantee
Directors and other infomiation
Directors
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed on 27 November 2024)
Secretary
Miss Najma Ahmed Elmi
Company number
04597226
Registered office
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Business address
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Accountants
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Bankers
Barclays Bank PIC
Clapham Common Branch
PO Box No
SW12 9YB
Page 1

Lambeth Somali Community Association
Company limited by guarantee
Directors report
Year ended 31st March 2025
The directors present their report and the unaudited financial statements of the company for the year ended
31 st March 2025.
Directors
The directors who served the company during the year were as follovds:
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed 27th November 2024)
Small company provisions
This report has been prepared in accordan￿ with the provisions applicable to companies entitled to the small
companies exemption.
This report was approved by the board of directors on
by..
and signed on behalf of the board
Mr Abdalla Idris Abdullahi
Director
Date: ....Q.p.l! Ll2 ,
Page 2

Lambeth Somali Community Association
Company limited by guarantee
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Lambeth Somali Community Association
Year ended 31st March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Lambeth Somali Community Association for the year ended 31st March 2025
which comprise the statement of comprehensive income, statement of financial position, statement of
changes in equity and related notes from the company's accounting records and from information and
explanations you have given us.
As a practising member fimi of the Institute of Chartered Accountants in England and Wales (ICAEWI, we are
subject to its ethical and other professional requirements which are detailed at http:Ilwww.icaew.com
lenlmemberslregulations-standards-and-guidancel.
This report is made solely to the board of directors of Lambeth Somali Community Association. as a body, in
accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your
approval the financial statements of Lambeth Somali Community Association and state those matters that we
have agreed to stste to the board of directors of Lambeth Somali Community Association as a body, in this
report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than Lambeth Somali Community Association and its
board of directors as a body for our vrfork or for this report.
It is your duty to ensure that Lambeth Somali Community Association has kept adequate accounting records
and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial
position and profit of Lambeth Somali Community Association. You consider that Lambeth Somali Community
Association is exempt from the statutory audit requirement for the year.
We have not been instructed to cary out an audit or a review of the financial statements of Lambeth Somali
Community Association. For this reason, we have not verified the accuracy or completeness of the accounting
records or information and explanations you have given to us and VR do not, therefore, express any opinion
on the statutory financial statements.
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Date: ..
..o..%iJL(.I
Page 3

Lambeth Somali Community Association
Company limited by guarantee
Statement of comprehensive income
Year ended 31st March 2025
2025
2024
Note
Incoming Resources
Resources Expended
115,734
(77,322)
85,016
(53,845}
Gross profit
38,412
31.171
Govemance Costs
{17,758)
(12,893)
Operating Surplus
20,654
18,278
Surplus before taxation
20,654
18,278
Tax on surplus
Surplus for the year
20,654
18,278
All the activities of the company are from continuing operations.
The notes on pages 8 to 10 form part of these financial statements.
Page 4

Lambeth Somali Community Association
Company limited by guarantee
Statement of financial position
31st March 2025
2025
2024
Note
Fixed assets
Tangible assets
4.291
5.233
4.291
5,233
Current assets
Debtors
Cash at bank and in hand
670
69,127
610
46,816
69,797
47,426
Creditors: amounts falling due
within one year
(5,450)
(4,953)
Net current assets
64,347
42,473
Total assets less current liabilities
68,638
47,706
Net assets
68,638
47,706
Capital and reserves
Profit and loss account
68,638
47,706
Members funds
68,638
47,706
For the year ending 31 st March 2025 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors responsibilities..
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordan￿ with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordance with Section 1A of FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland..
The notes on pages 8 to 10 forni part of these financial statements.
Page 5

Lambeth Somali Communty Association
Company limited by guarantee
Statement of financial position (continued)
31st March 2025
These financial statements were approved by the board of directors and authorised for issue on
and are signed on behalf of the board by..
Mr Abdalla Idris Abdullahi
Director
Date:....
Company registration number: 04597226
The notes on pages 8 to 10 fomi part of these financial ststements.
Page 6

Lambeth Somali Community Association
Company limited by guarantee
Statement of changes in equty
Year ended 31st March 2025
Profit and
loss
account
Total
At 1st April 2023
29.428
29,428
Profit for the year
18,278
18,278
Total comprehensive income for the year
18,278
18,278
At 31st March 2024 (as previously reported)
Prior period adjustments
47,706
278
47,706
278
At 31st March 2024 (restated) and 1st April 2024
47,984
47,984
Profit for the year
20,654
20,654
Total comprehensive income for the year
20,654
20,654
At 31st March 2025
68,638
68.638
Page 7

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial ststements
Year ended 31st March 2025
General inforniation
The company is a private company limited by guarantee, registered in England and Wales. The address
of the registered Offi￿ is Lambeth Somali Community Ass¢xiation, Annex Building, 13-15 Stockwell
Road, London, SW9 9AU.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section
1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied
and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have
transferred to the buyer (usually on despatch of the goods),. the amount of revenue can be measured
reliably,. it is probable that the associated economic benefits will flow to the entity. and the costs incurred
or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the
reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that
it relates to items recognised in other comprehensive income or directly in capital and reserves. In this
case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Amortisation
Amortisation is calculated so as to YKite off the cost of an asset, less its estimated residual value, over
the useful life of that asset as follows-.
If there is an indication that there has been a significant change in amortisation rate, useful life or
residual value of an intangible asset, the amorbsation is revised prospectively to reflect the new
estimates.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequentiy stated at Cost less any accumulated
depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follovts=
Fittings fixtures and equipment
180/0
reducing balan
If there is an indication that there has been a significant change in depreciation rate, useful life or
residual value of tangible assets, the depreciation is revised prospectivety to reflect the new estimates.
Page 8

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements Icontinued)
Year ended 31st March 2025
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such Indi￿torS exist. Where the carrying value exceeds the recoverable
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at
each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement
constitutes a financing transaction, where it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Incoming Resources
Incoming Resources arises from:
Period
ended
Period
ended
2025
2024
Smallwood Trust
Other donations and grants
Guys & St Thomas Hospital
Community Connections
Walcot Foundation
London Borough of Lambeth-Public Health Project
London Community
Capital Home
London Borough of Lambeth-cost of Living Crisis
UK Youth
English Sports Council- Lottery Fund
8,563
420
12,470
6,696
25,000
5,000
19,625
6,400
19,500
4,000
8,060
6,707
10,888
18,000
26,221
4,000
15,200
4,000
115,734
85,016
The whole of the turnover is attributable to the principal activtty of the company wholly undertaken in
the United Kingdom.
Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024.. 2).
Page 9

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements (continued)
Year ended 31st March 2025
Tangible assets
Fixtures,
fittings and
equipment
Total
Cost
At 1st April 2024 and 31st March 2025
10,963
10,963
Depreciation
At 1 st April 2024
Charge for the year
5,730
942
5,730
942
At 31st March 2025
6,672
6,672
Carrying amount
At 31st March 2025
4.291
4,291
At 31 st March 2024
5,233
5,233
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Social security and other taxes
Other creditors
781
296
4,373
1,041
486
3,426
5,450
4,953
Page 10

Lambeth Somali Community Association
Company limited by guarantse
The following pages do not fom part of the ststutory accounts.

Lambeth Somali Community Association
Company limited by guarantee
Statements of Financial Activities
for the year ended 31st March 2025
2025
Notes Unrestricted Restricted Total
Funds
Funds
Funds
2024
Total
Funds
Incoming Resources
General Donations
Community, Hospital & Trust grants
Grants Received
London Communityl Postcode Community
Postcode Community Trust
38,120
38,120
27,729
30,000
19,885
25,248
27.729
30,000
19.885
33,200
26,221
Total Incoming Resources
38,120
77,614 115,734
85,016
Resources Expended
Charitable Activities
Education Project
Fundraising
Men's Project
Postcode Communty Trust
Women's Project
Covid Relief Programme
Community Events
38,152
38,152
1,670
21,093
1,020
4,381
2,124
10,260
1.670
2,966
11,876
2,966
11,876
22,658
22,658
14,967
Sub Total
Governance Costs
Rent Payable
Rates
Insurance
Light and heat
Office Cleaning
Office repairs
Printing, postage and stationery
Advertising
Telephone
Computer costs
Accountancy Fees
Bookeeping Fees
Staff welfare
General expenses
5,100
130
479
2.088
2,790
60
152
1,500
1,357
924
1,740
351
336
49
5,100
130
479
2,088
2,790
60
152
1,500
1,357
924
1,500
351
336
49
1,026
647
158
2,204
2,150
178
240
1,800
1,159
60
1,620
350
94
58
Sub Total
Page 12

Other resources expended
942
942
Total Resources Expended
25,270
70,050
95,320
66,738
Net Incoming Resources for the year
12,850
7,564
20.414
18,278
Prior Period Adjustment
278
278
Total funds brought forward
(4.241)
51.947
47,706
29,428
Total funds carried forward
8,887
59,511
68,398
47,706
The statement of financial activities includes all gains and lossess in the year. All incoming
resources and resources expended derive from continuing activities.
Page 13

Company registration number: 04597226
Lambeth Somali Community Association
Company limited by guarantee
Unaudited financial statements
31 March 2025

Lambeth Somali Community Association
Company limited by guarantee
Contents
Page
Directors and other information
Directors report
Accountants report
Statement of comprehensive income
Statement of financial position
Statement of changes in equity
Notes to the financial statements
8-10

Lambeth Somali Community Association
Company limited by guarantee
Directors and other infomiation
Directors
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed on 27 November 2024)
Secretary
Miss Najma Ahmed Elmi
Company number
04597226
Registered office
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Business address
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Accountants
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Bankers
Barclays Bank PIC
Clapham Common Branch
PO Box No
SW12 9YB
Page 1

Lambeth Somali Community Association
Company limited by guarantee
Directors report
Year ended 31st March 2025
The directors present their report and the unaudited financial statements of the company for the year ended
31 st March 2025.
Directors
The directors who served the company during the year were as follovds:
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed 27th November 2024)
Small company provisions
This report has been prepared in accordan￿ with the provisions applicable to companies entitled to the small
companies exemption.
This report was approved by the board of directors on
by..
and signed on behalf of the board
Mr Abdalla Idris Abdullahi
Director
Date: ....Q.p.l! Ll2 ,
Page 2

Lambeth Somali Community Association
Company limited by guarantee
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Lambeth Somali Community Association
Year ended 31st March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Lambeth Somali Community Association for the year ended 31st March 2025
which comprise the statement of comprehensive income, statement of financial position, statement of
changes in equity and related notes from the company's accounting records and from information and
explanations you have given us.
As a practising member fimi of the Institute of Chartered Accountants in England and Wales (ICAEWI, we are
subject to its ethical and other professional requirements which are detailed at http:Ilwww.icaew.com
lenlmemberslregulations-standards-and-guidancel.
This report is made solely to the board of directors of Lambeth Somali Community Association. as a body, in
accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your
approval the financial statements of Lambeth Somali Community Association and state those matters that we
have agreed to stste to the board of directors of Lambeth Somali Community Association as a body, in this
report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than Lambeth Somali Community Association and its
board of directors as a body for our vrfork or for this report.
It is your duty to ensure that Lambeth Somali Community Association has kept adequate accounting records
and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial
position and profit of Lambeth Somali Community Association. You consider that Lambeth Somali Community
Association is exempt from the statutory audit requirement for the year.
We have not been instructed to cary out an audit or a review of the financial statements of Lambeth Somali
Community Association. For this reason, we have not verified the accuracy or completeness of the accounting
records or information and explanations you have given to us and VR do not, therefore, express any opinion
on the statutory financial statements.
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Date: ..
..o..%iJL(.I
Page 3

Lambeth Somali Community Association
Company limited by guarantee
Statement of comprehensive income
Year ended 31st March 2025
2025
2024
Note
Incoming Resources
Resources Expended
115,734
(77,322)
85,016
(53,845}
Gross profit
38,412
31.171
Govemance Costs
{17,758)
(12,893)
Operating Surplus
20,654
18,278
Surplus before taxation
20,654
18,278
Tax on surplus
Surplus for the year
20,654
18,278
All the activities of the company are from continuing operations.
The notes on pages 8 to 10 form part of these financial statements.
Page 4

Lambeth Somali Community Association
Company limited by guarantee
Statement of financial position
31st March 2025
2025
2024
Note
Fixed assets
Tangible assets
4.291
5.233
4.291
5,233
Current assets
Debtors
Cash at bank and in hand
670
69,127
610
46,816
69,797
47,426
Creditors: amounts falling due
within one year
(5,450)
(4,953)
Net current assets
64,347
42,473
Total assets less current liabilities
68,638
47,706
Net assets
68,638
47,706
Capital and reserves
Profit and loss account
68,638
47,706
Members funds
68,638
47,706
For the year ending 31 st March 2025 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors responsibilities..
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordan￿ with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordance with Section 1A of FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland..
The notes on pages 8 to 10 forni part of these financial statements.
Page 5

Lambeth Somali Communty Association
Company limited by guarantee
Statement of financial position (continued)
31st March 2025
These financial statements were approved by the board of directors and authorised for issue on
and are signed on behalf of the board by..
Mr Abdalla Idris Abdullahi
Director
Date:....
Company registration number: 04597226
The notes on pages 8 to 10 fomi part of these financial ststements.
Page 6

Lambeth Somali Community Association
Company limited by guarantee
Statement of changes in equty
Year ended 31st March 2025
Profit and
loss
account
Total
At 1st April 2023
29.428
29,428
Profit for the year
18,278
18,278
Total comprehensive income for the year
18,278
18,278
At 31st March 2024 (as previously reported)
Prior period adjustments
47,706
278
47,706
278
At 31st March 2024 (restated) and 1st April 2024
47,984
47,984
Profit for the year
20,654
20,654
Total comprehensive income for the year
20,654
20,654
At 31st March 2025
68,638
68.638
Page 7

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial ststements
Year ended 31st March 2025
General inforniation
The company is a private company limited by guarantee, registered in England and Wales. The address
of the registered Offi￿ is Lambeth Somali Community Ass¢xiation, Annex Building, 13-15 Stockwell
Road, London, SW9 9AU.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section
1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied
and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have
transferred to the buyer (usually on despatch of the goods),. the amount of revenue can be measured
reliably,. it is probable that the associated economic benefits will flow to the entity. and the costs incurred
or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the
reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that
it relates to items recognised in other comprehensive income or directly in capital and reserves. In this
case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Amortisation
Amortisation is calculated so as to YKite off the cost of an asset, less its estimated residual value, over
the useful life of that asset as follows-.
If there is an indication that there has been a significant change in amortisation rate, useful life or
residual value of an intangible asset, the amorbsation is revised prospectively to reflect the new
estimates.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequentiy stated at Cost less any accumulated
depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follovts=
Fittings fixtures and equipment
180/0
reducing balan
If there is an indication that there has been a significant change in depreciation rate, useful life or
residual value of tangible assets, the depreciation is revised prospectivety to reflect the new estimates.
Page 8

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements Icontinued)
Year ended 31st March 2025
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such Indi￿torS exist. Where the carrying value exceeds the recoverable
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at
each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement
constitutes a financing transaction, where it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Incoming Resources
Incoming Resources arises from:
Period
ended
Period
ended
2025
2024
Smallwood Trust
Other donations and grants
Guys & St Thomas Hospital
Community Connections
Walcot Foundation
London Borough of Lambeth-Public Health Project
London Community
Capital Home
London Borough of Lambeth-cost of Living Crisis
UK Youth
English Sports Council- Lottery Fund
8,563
420
12,470
6,696
25,000
5,000
19,625
6,400
19,500
4,000
8,060
6,707
10,888
18,000
26,221
4,000
15,200
4,000
115,734
85,016
The whole of the turnover is attributable to the principal activtty of the company wholly undertaken in
the United Kingdom.
Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024.. 2).
Page 9

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements (continued)
Year ended 31st March 2025
Tangible assets
Fixtures,
fittings and
equipment
Total
Cost
At 1st April 2024 and 31st March 2025
10,963
10,963
Depreciation
At 1 st April 2024
Charge for the year
5,730
942
5,730
942
At 31st March 2025
6,672
6,672
Carrying amount
At 31st March 2025
4.291
4,291
At 31 st March 2024
5,233
5,233
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Social security and other taxes
Other creditors
781
296
4,373
1,041
486
3,426
5,450
4,953
Page 10

Lambeth Somali Community Association
Company limited by guarantse
The following pages do not fom part of the ststutory accounts.

Lambeth Somali Community Association
Company limited by guarantee
Statements of Financial Activities
for the year ended 31st March 2025
2025
Notes Unrestricted Restricted Total
Funds
Funds
Funds
2024
Total
Funds
Incoming Resources
General Donations
Community, Hospital & Trust grants
Grants Received
London Communityl Postcode Community
Postcode Community Trust
38,120
38,120
27,729
30,000
19,885
25,248
27.729
30,000
19.885
33,200
26,221
Total Incoming Resources
38,120
77,614 115,734
85,016
Resources Expended
Charitable Activities
Education Project
Fundraising
Men's Project
Postcode Communty Trust
Women's Project
Covid Relief Programme
Community Events
38,152
38,152
1,670
21,093
1,020
4,381
2,124
10,260
1.670
2,966
11,876
2,966
11,876
22,658
22,658
14,967
Sub Total
Governance Costs
Rent Payable
Rates
Insurance
Light and heat
Office Cleaning
Office repairs
Printing, postage and stationery
Advertising
Telephone
Computer costs
Accountancy Fees
Bookeeping Fees
Staff welfare
General expenses
5,100
130
479
2.088
2,790
60
152
1,500
1,357
924
1,740
351
336
49
5,100
130
479
2,088
2,790
60
152
1,500
1,357
924
1,500
351
336
49
1,026
647
158
2,204
2,150
178
240
1,800
1,159
60
1,620
350
94
58
Sub Total
Page 12

Other resources expended
942
942
Total Resources Expended
25,270
70,050
95,320
66,738
Net Incoming Resources for the year
12,850
7,564
20.414
18,278
Prior Period Adjustment
278
278
Total funds brought forward
(4.241)
51.947
47,706
29,428
Total funds carried forward
8,887
59,511
68,398
47,706
The statement of financial activities includes all gains and lossess in the year. All incoming
resources and resources expended derive from continuing activities.
Page 13

Company registration number: 04597226
Lambeth Somali Community Association
Company limited by guarantee
Unaudited financial statements
31 March 2025

Lambeth Somali Community Association
Company limited by guarantee
Contents
Page
Directors and other information
Directors report
Accountants report
Statement of comprehensive income
Statement of financial position
Statement of changes in equity
Notes to the financial statements
8-10

Lambeth Somali Community Association
Company limited by guarantee
Directors and other infomiation
Directors
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed on 27 November 2024)
Secretary
Miss Najma Ahmed Elmi
Company number
04597226
Registered office
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Business address
Annex Building
13-15 Stockwell Road
London
SW9 9AU
Accountants
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Bankers
Barclays Bank PIC
Clapham Common Branch
PO Box No
SW12 9YB
Page 1

Lambeth Somali Community Association
Company limited by guarantee
Directors report
Year ended 31st March 2025
The directors present their report and the unaudited financial statements of the company for the year ended
31 st March 2025.
Directors
The directors who served the company during the year were as follovds:
Mr Abdalla Idris Abdullahi
Mr Mohamud Mohamed Elmi
Mr Abdullahi Abdi Ali
Mr Abdirahman Mohamed Nur
Mr Mohamed Ahmed
Mr Mohamed Dahir Ismail
(Resigned on 18 November 2024)
(Appointed 27th November 2024)
Small company provisions
This report has been prepared in accordan￿ with the provisions applicable to companies entitled to the small
companies exemption.
This report was approved by the board of directors on
by..
and signed on behalf of the board
Mr Abdalla Idris Abdullahi
Director
Date: ....Q.p.l! Ll2 ,
Page 2

Lambeth Somali Community Association
Company limited by guarantee
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Lambeth Somali Community Association
Year ended 31st March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of Lambeth Somali Community Association for the year ended 31st March 2025
which comprise the statement of comprehensive income, statement of financial position, statement of
changes in equity and related notes from the company's accounting records and from information and
explanations you have given us.
As a practising member fimi of the Institute of Chartered Accountants in England and Wales (ICAEWI, we are
subject to its ethical and other professional requirements which are detailed at http:Ilwww.icaew.com
lenlmemberslregulations-standards-and-guidancel.
This report is made solely to the board of directors of Lambeth Somali Community Association. as a body, in
accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your
approval the financial statements of Lambeth Somali Community Association and state those matters that we
have agreed to stste to the board of directors of Lambeth Somali Community Association as a body, in this
report in accordance with ICAEW Technical Release 07116 AAF. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than Lambeth Somali Community Association and its
board of directors as a body for our vrfork or for this report.
It is your duty to ensure that Lambeth Somali Community Association has kept adequate accounting records
and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial
position and profit of Lambeth Somali Community Association. You consider that Lambeth Somali Community
Association is exempt from the statutory audit requirement for the year.
We have not been instructed to cary out an audit or a review of the financial statements of Lambeth Somali
Community Association. For this reason, we have not verified the accuracy or completeness of the accounting
records or information and explanations you have given to us and VR do not, therefore, express any opinion
on the statutory financial statements.
Zaidi and Co.
Chartered Accountants
241 Mitcham Road
London
SW17 9JQ
Date: ..
..o..%iJL(.I
Page 3

Lambeth Somali Community Association
Company limited by guarantee
Statement of comprehensive income
Year ended 31st March 2025
2025
2024
Note
Incoming Resources
Resources Expended
115,734
(77,322)
85,016
(53,845}
Gross profit
38,412
31.171
Govemance Costs
{17,758)
(12,893)
Operating Surplus
20,654
18,278
Surplus before taxation
20,654
18,278
Tax on surplus
Surplus for the year
20,654
18,278
All the activities of the company are from continuing operations.
The notes on pages 8 to 10 form part of these financial statements.
Page 4

Lambeth Somali Community Association
Company limited by guarantee
Statement of financial position
31st March 2025
2025
2024
Note
Fixed assets
Tangible assets
4.291
5.233
4.291
5,233
Current assets
Debtors
Cash at bank and in hand
670
69,127
610
46,816
69,797
47,426
Creditors: amounts falling due
within one year
(5,450)
(4,953)
Net current assets
64,347
42,473
Total assets less current liabilities
68,638
47,706
Net assets
68,638
47,706
Capital and reserves
Profit and loss account
68,638
47,706
Members funds
68,638
47,706
For the year ending 31 st March 2025 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors responsibilities..
The members have not required the company to obtain an audit of its financial statements for the year in
question in accordan￿ with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordance with Section 1A of FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland..
The notes on pages 8 to 10 forni part of these financial statements.
Page 5

Lambeth Somali Communty Association
Company limited by guarantee
Statement of financial position (continued)
31st March 2025
These financial statements were approved by the board of directors and authorised for issue on
and are signed on behalf of the board by..
Mr Abdalla Idris Abdullahi
Director
Date:....
Company registration number: 04597226
The notes on pages 8 to 10 fomi part of these financial ststements.
Page 6

Lambeth Somali Community Association
Company limited by guarantee
Statement of changes in equty
Year ended 31st March 2025
Profit and
loss
account
Total
At 1st April 2023
29.428
29,428
Profit for the year
18,278
18,278
Total comprehensive income for the year
18,278
18,278
At 31st March 2024 (as previously reported)
Prior period adjustments
47,706
278
47,706
278
At 31st March 2024 (restated) and 1st April 2024
47,984
47,984
Profit for the year
20,654
20,654
Total comprehensive income for the year
20,654
20,654
At 31st March 2025
68,638
68.638
Page 7

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial ststements
Year ended 31st March 2025
General inforniation
The company is a private company limited by guarantee, registered in England and Wales. The address
of the registered Offi￿ is Lambeth Somali Community Ass¢xiation, Annex Building, 13-15 Stockwell
Road, London, SW9 9AU.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section
1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied
and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have
transferred to the buyer (usually on despatch of the goods),. the amount of revenue can be measured
reliably,. it is probable that the associated economic benefits will flow to the entity. and the costs incurred
or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the
reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that
it relates to items recognised in other comprehensive income or directly in capital and reserves. In this
case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Amortisation
Amortisation is calculated so as to YKite off the cost of an asset, less its estimated residual value, over
the useful life of that asset as follows-.
If there is an indication that there has been a significant change in amortisation rate, useful life or
residual value of an intangible asset, the amorbsation is revised prospectively to reflect the new
estimates.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequentiy stated at Cost less any accumulated
depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,
over the useful economic life of that asset as follovts=
Fittings fixtures and equipment
180/0
reducing balan
If there is an indication that there has been a significant change in depreciation rate, useful life or
residual value of tangible assets, the depreciation is revised prospectivety to reflect the new estimates.
Page 8

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements Icontinued)
Year ended 31st March 2025
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount
being estimated where such Indi￿torS exist. Where the carrying value exceeds the recoverable
amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at
each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a paty to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement
constitutes a financing transaction, where it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument.
Incoming Resources
Incoming Resources arises from:
Period
ended
Period
ended
2025
2024
Smallwood Trust
Other donations and grants
Guys & St Thomas Hospital
Community Connections
Walcot Foundation
London Borough of Lambeth-Public Health Project
London Community
Capital Home
London Borough of Lambeth-cost of Living Crisis
UK Youth
English Sports Council- Lottery Fund
8,563
420
12,470
6,696
25,000
5,000
19,625
6,400
19,500
4,000
8,060
6,707
10,888
18,000
26,221
4,000
15,200
4,000
115,734
85,016
The whole of the turnover is attributable to the principal activtty of the company wholly undertaken in
the United Kingdom.
Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024.. 2).
Page 9

Lambeth Somali Community Association
Company limited by guarantee
Notes to the financial statements (continued)
Year ended 31st March 2025
Tangible assets
Fixtures,
fittings and
equipment
Total
Cost
At 1st April 2024 and 31st March 2025
10,963
10,963
Depreciation
At 1 st April 2024
Charge for the year
5,730
942
5,730
942
At 31st March 2025
6,672
6,672
Carrying amount
At 31st March 2025
4.291
4,291
At 31 st March 2024
5,233
5,233
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Social security and other taxes
Other creditors
781
296
4,373
1,041
486
3,426
5,450
4,953
Page 10

Lambeth Somali Community Association
Company limited by guarantse
The following pages do not fom part of the ststutory accounts.

Lambeth Somali Community Association
Company limited by guarantee
Statements of Financial Activities
for the year ended 31st March 2025
2025
Notes Unrestricted Restricted Total
Funds
Funds
Funds
2024
Total
Funds
Incoming Resources
General Donations
Community, Hospital & Trust grants
Grants Received
London Communityl Postcode Community
Postcode Community Trust
38,120
38,120
27,729
30,000
19,885
25,248
27.729
30,000
19.885
33,200
26,221
Total Incoming Resources
38,120
77,614 115,734
85,016
Resources Expended
Charitable Activities
Education Project
Fundraising
Men's Project
Postcode Communty Trust
Women's Project
Covid Relief Programme
Community Events
38,152
38,152
1,670
21,093
1,020
4,381
2,124
10,260
1.670
2,966
11,876
2,966
11,876
22,658
22,658
14,967
Sub Total
Governance Costs
Rent Payable
Rates
Insurance
Light and heat
Office Cleaning
Office repairs
Printing, postage and stationery
Advertising
Telephone
Computer costs
Accountancy Fees
Bookeeping Fees
Staff welfare
General expenses
5,100
130
479
2.088
2,790
60
152
1,500
1,357
924
1,740
351
336
49
5,100
130
479
2,088
2,790
60
152
1,500
1,357
924
1,500
351
336
49
1,026
647
158
2,204
2,150
178
240
1,800
1,159
60
1,620
350
94
58
Sub Total
Page 12

Other resources expended
942
942
Total Resources Expended
25,270
70,050
95,320
66,738
Net Incoming Resources for the year
12,850
7,564
20.414
18,278
Prior Period Adjustment
278
278
Total funds brought forward
(4.241)
51.947
47,706
29,428
Total funds carried forward
8,887
59,511
68,398
47,706
The statement of financial activities includes all gains and lossess in the year. All incoming
resources and resources expended derive from continuing activities.
Page 13