KULAN SOMALI ORGANISATION
FINANCIAL STATEMENTS Clarity Number: 1108997
PERIOD ENDING 31 MARCH 2024
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KULAN SOMALI ORGANISATION
Officers and Professional Advisers
Trustees
Registered Office
Accountant
Roda Jama Warsama Saeed - Chairlady Awrala Mumin Sheikh Mohamed Ibrahim Yousuf
37 Chapel Street London NW1 5DP J-Accountancy and Consultancy Limited Community Accountants 38 Richardson Court, Studley Road London, SW4 6RZ
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KULAN SOMALI ORGANISATION
Trustees Report
Period Ending 31 of March 2024
The Trustees present their report and financial statements of the period From 1 April 2023 to 31 March 2024
Trustees
The trustees who served the charity during the period were as follows:
1. Roda Jama Warsama Saeed - Chairlady
2. Awrala Mumin Sheikh
3. Mohamed Ibrahim Yousuf
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KULAN SOMALI ORGANISATION
1. Management Committee Report
KULAN SOMALI ORGANISATION is a voluntary group established on 22 of July 2002 to support the needs of Somali and minority community in the UK
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The organisation’s Objectives as laid out in its constitution are:
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The relief of poverty and distress of Somali and other migrants in London by means of advice on issues of welfare benefit, housing, health and Advocacy.
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The advancement of education and employment of the beneficiaries
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The provision of English language training and supplementary education for children
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The promotion of Somali culture and history amongst the community and the provision of creational activities
2. Achievement and Performance
Kulan Somali Organisation has achieved the following results:
“Saaxib” project
For this project we delivered face to face and telephone befriending activities for 25 isolated individuals over 40 years old who felt less lonely and isolated, their mental wellbeing improved, felt safe and connected within their community, had access to fresh cooked meals and refreshment and gained skills and knowledge on different cultures within their community.
The project was funded by Westminster Council and supported by the Community priority programme team within the council.
“Starts with you” project
For this project we delivered Health Education Workshops, collaborated with local healthcare professionals and educators to deliver informative presentations and facilitate discussions, Physical activities delivered by professional fitness trainer and we provided healthy snacks during the activities and workshops to 20 women from the global majority. The participants felt more healthy, active and have gained knowledge and awareness on different health conditions and the support and services available for them to access within the community.
The project was funded by Westminster Council and supported by the Global Majority grant team.
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KULAN SOMALI ORGANISATION
“Ubaax” project
For this project we delivered physical activity and mindfulness activities together to provide holistic approach to the wellbeing of the Somali, Eritrean, Ethiopian and Moroccan children and their families by providing free essential physical activities, family mentoring and mindfulness workshops to 40 participants become physically active and gained support through the mentoring and mindfulness activities and this has had a positive impact on their lives as a family.
“Girls can kick 2” (girls only football sessions)
For this project the organisation delivered girls only football sessions to 15 girls who never played football before or felt ashamed to participate in such a sport. By the end of the project the girls have gained so much confidence and their self-esteem has improved a lot. They also felt physically strong and 13 of the girls signed up to the local football clubs to continue playing once the project ended.
The project was funded and supported by The National Express Foundation
Spotlight Holiday clubs
The organisation provided holiday clubs during Christmas, Easter and Summer holidays to 30-50 children aged 5-16 years on low income. We delivered different healthy eating and physical activities workshops and arranged different exciting trips. The children have gained so many different skills and knowledge on the importance of healthy eating and staying active and have cooperated it in their daily lives.
We were funded by Westminster council and supported by The Holiday Activity Fund team and young Westminster.
Kulan Half term clubs
The organisation provided clubs during the half term in February, May, October to 25 children aged 5-16 years on low income and who just miss the threshold to be eligible for free school meals at school. We delivered different healthy eating and physical activities, workshops and arranged different exciting trips. The children have gained so many different skills and knowledge on the importance of healthy eating and staying active and have cooperated it in their daily lives.
We were funded by Westminster council and supported by Young Westminster Foundation.
Advice, information and referrals
We Provided advice, information and referral services on housing, benefits, debt and money, pensions, family issues, mental health and wellbeing support to the Global Majority in different languages living in Westminster. The service supported about 500 people make informed choices and improve their lives physically, emotionally, financially and socially.
We were funded by Westminster Council.
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KULAN SOMALI ORGANISATION
Inside out outdoor festival 2024
We delivered 2 Events which took place on the weekends. Where four different cultures came together Somali, Ethiopians, Eritrean and Moroccan to showcase, perform and deliver fun and engaging cultural activates to the BAME community in particular families living in Westminster. Over 200 individuals attended. Individuals from different cultures attended with their friends and families and were engaged and involved in all the fun activities,
Volunteering opportunities
We have increased the organisations volunteering opportunity by recruiting 3 women, 2 young people and 1 make to support the organisations work.
Coffee & Tea mornings
We delivered Coffee and Tea sessions where everyone was welcome to come and socialise. Through these sessions, we were able to support 11 women, 2 young people and 6 men who were unemployed get into work by supporting them look for and apply for jobs. 27 individuals felt less isolated and have made long term friendship from the sessions. More than 150 individuals signed up to our available activities/workshops.
This service was delivered by volunteers from our organisation and we had free access to a venue provided by Queens Park community council.
Food and Non-food distribution
We distribute food and non-food items on a weekly basis to our beneficiaries. We support around 80 individuals weekly.
This service is supported by the Felix team.
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KULAN SOMALI ORGANISATION
3. Plan for 2024-2025
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We will continue to deliver more face to face and telephone befriending workshops and activities to 30 participants.
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We plan to deliver workshops and activities to raise awareness about climate change and possible activities and actions to undertake locally to protect the environment. In total 163 individuals will participate and benefit from this project.
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We will continue to offer our Advice and referrals sessions in different languages to be able to support about 600 individuals in need of advice and support on housing, benefits, debt and money, pensions, family issues, mental health and wellbeing. Due to the high demand of this service, we will apply for 2 more part time advice workers.
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We will continue to offer Coffee and Tea sessions delivered by volunteers to provide a safe and welcoming space for 30 individuals to attend on a weekly basis.
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We will continue to run more workshops on health to enable services users to improve and be in control of their overall health and wellbeing.
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We will continue to provide physical activities weekly for 60 individuals to become physically healthy and encourage them to include 30 minutes of physical activities in their daily routines.
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The demand for our food and non-food distribution is very high as we are only able to support limited individuals, and it is on a first come first serve basis. We plan to apply for funding to run a weekly food club.
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We will seek support to deliver employment sessions to train and support residents back into work this year. We anticipate helping 30 women, 10 men and 5 young people.
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We will continue to deliver mentoring, physical activities and wellness activities to families with their children to build stronger healthier and happier families. We anticipate helping 40 individuals.
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We will continue to deliver holiday clubs to children on low income on healthy eating and physical activities which are interactive, fun and engaging and arrange fun trips. We anticipate helping a minimum of 25 children and a maximum of 50 children each half term.
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There is a huge demand for us to deliver homework activities from the parents, we plan to seek support to deliver after school homework clubs to improve 30 children and young people school performance and those preparing for either sats or GCSEs.
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We plan to deliver more cultural events for the community to participate and attend.
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KULAN SOMALI ORGANISATION
4. Kulan Somali Organisation’s Strategic 2023-2024
The year has been relatively challenging with the increasing level of inflation which inflated the organisation’s operating cost. However we have been able deliver some of the main core activities of the organisation
5. Financial Review
In this Financial year we had unrestricted income of £5,300 and restricted income of £117,836. Total income was 123,136. We had a surplus of £650 on the unrestricted income and £27,044 surplus on the restricted income. The charity had unrestricted reserves of £19,900 and restricted reserves of £62,996. At the end of 23/24 total Reserves were £82,896. Restricted reserves were for continuing projects over the period 2024- 2025.
6. Public benefit statement
In shaping our objectives for the year and planning our activities, the trustees have considered the clause 17 of the Charity Act 2011 and the Charity Commission’s guidance on public benefit.
The above achievements demonstrate the public benefit arising from the Charity’s activities.
7. Reserves Policy
The organisation ’s reserves policy is to maintain a level of unrestricted and undesignated reserves equivalent to 3-6 months' turnover
8. Risk Management
The trustees have assessed the major risks to which Kulan Somali Organisation is Exposed and are satisfied that systems are in place to mitigate exposure to the major risks including risk assessment, maintaining a risk register, which is reviewed annually.
9. Investment Policy
The Charity does not produce a sufficient surplus to invest, as priority must be given to building our unrestricted reserves.
10. Plans for future periods
We have developed a strong fundraising strategy to generate income from trusts, foundations, and individual donors in order to increase support to users throughout the period 2023-2024
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KULAN SOMALI ORGANISATION
11. Trustees’ responsibilities
Charity law requires trustees, to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the company and of the results of the company at that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently.
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make judgments and estimates that are reasonable and prudent.
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state whether applicable accounting standards have been followed,
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subject to any materials departures disclosed and explained in the financial statements.
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prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable it to ensure that the financial statements comply with the charity Act.
They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps and detect fraud and other irregularities
Signed on behalf of the Board of
Trustees Roda Jama Warsama Saeed -
Chairlady --------------------------------------Date: ------------------------2024 30 /09/ LOW WCCO
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KULAN SOMALI ORGANISATION
12. Independent Examiner’ Report
I report on the accounts of the company for year ended 31 /03/ 2024
The trustees are responsible for the preparation of the accounts. The trustee consider that an audit is not required for this year and that an independent examination needed.
It is my responsibility to carry out procedures designed to enable me to report my opinion. My examination was carried out to ascertain that the accounting records kept by the charity are in accordance with the accounts presented with those records and that no unusual items or disclosures in the accounts come to my attention.
EXAMINER’S STATEMENT
The financial statements are in agreement with those accounting records kept by the Charity.
Having regard only to, and on the basis of the information contained in those accounting records, the financial statements have been drawn up in a manner consistent with the accounting requirements specified in the principles of the Statement of Recommended Practice 2011
Beugre Jacques NDouba
Accountants
J-Accountancy and Consultancy Ltd 38 Richardson court, Studley Road London, SW4 6RZ
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KULAN SOMALI ORGANISATION
13.
| 13. | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SATEMENTS OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING | ||||||||||||||
| 31 OF MARCH 2024 | ||||||||||||||
| Unrestricted Restricted Total Funds Funds |
Fund Total 2024 |
Fund 2023 |
||||||||||||
| Notes | £ | £ | £ | £ | ||||||||||
| Income & Endowment: | ||||||||||||||
| Charities Grants | 117836 | 117836 | 9978 | |||||||||||
| Government Grants | 166447 | |||||||||||||
| Fundraising& Donation | 5300 | 5300 | 23500 | |||||||||||
| Total Income | 5300 | 117836 | 123136 | 199925 | ||||||||||
| Expenditures | ||||||||||||||
| Charitable activities | 90792 | 90792 | 134300 | |||||||||||
| Other expenditures | 4650 | 4650 | 9800 | |||||||||||
| Total Expenditures | 4650 | 90792 | 95442 | 144100 | ||||||||||
| Net Income | 650 | 27044 | 27694 | 55825 | ||||||||||
| Movement in Funds | 0 | 0 | ||||||||||||
| Funds reconcialition: | ||||||||||||||
| Funds brough forward | 650 | 27044 | 58675 | 2850 | ||||||||||
| Funds carried forward | 650 | 27044 | 86369 | 58675 |
The statement of financial activities includes all gains & losses recognised in the year. All incomes and expenditure derive from continuing activities.
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KULAN SOMALI ORGANISATION
14.
| 14. | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| BALANCE SHEET FOR PERIOD ENDING 31 OF MARCH 2024 | |||||||||||
| 2024 | 2023 | ||||||||||
| Note | £ | £ | £ | ||||||||
| Tangible Fixed Assets | 3096 | 4128 | |||||||||
| Current Assets | |||||||||||
| Cash at Bank & Hand | 86369 | 90813 | |||||||||
| Debtors | 0 | 83200 | 0 | ||||||||
| Total current Assets | 0 | 86369 | 83200 | 90813 | |||||||
| Current Liabilities | |||||||||||
| Creditors: | |||||||||||
| Amount falling due | -3400 | -3400 | |||||||||
| Within oneyear | |||||||||||
| Net Current assets | 79800 | 90813 | |||||||||
| Net assests | 82896 | 94941 | |||||||||
| Funds of | the Charity | ||||||||||
| Unrestricted Funds | 19900 | 19340 | |||||||||
| Restricted Funds | 62996 | 16608 | |||||||||
| Total Charity Funds | 82896 | 35948 | |||||||||
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KULAN SOMALI ORGANISATION
15.
Notes to the financial statements Year ending 31st March 2024
1. General Information
The Charity is registered in England & Wales. The registered address is 37 Chapel Street, London, 5DP.
2. Statement of Compliance
These financial statements have been prepared in compliance with FRS102,’ The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland(FRS 102) (charities SORP(FRS 102)) and the charities Act 2011.
3. Accounting policies
Incoming resources
Voluntary income and donations are included in incoming resources when they are receivable except when the donors specify that they must be used in future accounting periods or donor’s conditions have not been fulfilled, then income is deferred. The income from fundraising ventures is shown gross.
4. Donated services and facilities
Income from donated services and facilities is included in incoming resources at a valuation, which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised when there is no financial cost borne by a third party.
5. Resources expended
Resources expended are included in the statement of financial activities on an accruals basis, inclusive of any VAT, which cannot be recovered.
Expenditure, which is directly attributable to specific activities, has been included in these cost categories, where costs are attributable to more than one activity, they have been apportioned across the cost of generating funds on a basis consistent with the use of these resources.
Cost of generating funds includes salaries, direct expenditure and overhead costs of the staff who promote fundraising including events.
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KULAN SOMALI ORGANISATION
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
6. Funds
Restricted funds are to be used for specific purpose as laid down by the donor. Expenditure, which meets these criteria, is charged to the fund together with a fair allocation of management and support costs.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
7. Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income & expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
8. Going concern
There are no material uncertainties about the charity’s ability to stay in business.
9. Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemption: No cash flow statement has been presented for the company.
10. Judgements and Key Sources of Estimation Uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported.
These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
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KULAN SOMALI ORGANISATION
11. Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purpose.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub- classes: restricted income funds or endowment funds.
12. Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity: it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipts is probable and its amount can be measured reliably.
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Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value can be reliably measured.
13. Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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Expenditure on raising funds includes the costs of all fundraising activities, events non-charitable trading activities and the sale of donated goods.
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Expenditure on charitable activities includes all costs incurred by a charity in under taking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity.
Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
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KULAN SOMALI ORGANISATION
14. Tangible Assets
All fixed assets are initially recorded at cost.
15. Depreciation
Depreciation is calculated so as to write off the cost or valuation of assets, less its residual value, over the useful economic life of those assets as follows: Furniture & equipment 25% reducing balance.
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KULAN SOMALI ORGANISATION
16.
| 16. | 16. | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INCOMING RESOURCES | |||||||||||||
| Income indetails | |||||||||||||
| Unrestricted Funds |
Restricted Funds Total |
2024 Fund |
2023 | ||||||||||
| Grants, Donations, and Legacies | Funds | ||||||||||||
| £ | £ | £ | |||||||||||
| Donations: | |||||||||||||
| Fundraising& Donations | 5300 | 5300 | 23500 | ||||||||||
| Public Sector & Trusts: | |||||||||||||
| Spotlight HolidayClub | 34840 | 34840 | |||||||||||
| Newham Council | 107487 | ||||||||||||
| Kulan MayHalf term HolidayClub | 9000 | 9000 | |||||||||||
| Sportlight Xmas Holiday | |||||||||||||
| UBAX Project | 32800 | 32800 | |||||||||||
| Westminster CityCouncil | 58960 | ||||||||||||
| Starts With You Project | 19700 | 19700 | |||||||||||
| Inside Out Door Festival | 9946 | 9946 | |||||||||||
| London CommunityFoundation | 9978 | ||||||||||||
| Saaxib Project | 3750 | 3750 | |||||||||||
| Girls Can Kick2 | 2500 | 2500 | |||||||||||
| Total | 5300 | 112536 | 117836 | 199925 | |||||||||
| Detailed Expenditures on Charitable Activities by Activity Type | |||||||||||||
| 2024 | 2023 | ||||||||||||
| Charitable Activities | |||||||||||||
| And Support Cost | |||||||||||||
| Staff | 29560 | 29560 | 30100 | ||||||||||
| Training &TrainerCost | 14500 | 14500 | 5208 | ||||||||||
| Volunteer&Travel | 2700 | 6500 | 9200 | 5700 | |||||||||
| Rent/VenueHireHire | 18600 | 18600 | 17900 | ||||||||||
| Compliance | 4300 | 4300 | 4300 | 600 | |||||||||
| Administrative cost | 9100 | 9100 | 8200 | ||||||||||
| CommunityActivities | 8800 | 8800 | 75000 | ||||||||||
| Accounting &Examination | 350 | 350 | 300 | ||||||||||
| Depreciation | 1032 | 1032 | 1092 | ||||||||||
| Total | 7350 | 92392 | 95442 | 144100 | |||||||||
| 16. | 16. | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INCOMING RESOURCES | |||||||||||||
| Income indetails | |||||||||||||
| Unrestricted Funds |
Restricted Funds Total |
2024 Fund |
2023 | ||||||||||
| Grants, Donations, and Legacies | Funds | ||||||||||||
| £ | £ | £ | |||||||||||
| Donations: | |||||||||||||
| Fundraising& Donations | 5300 | 5300 | 23500 | ||||||||||
| Public Sector & Trusts: | |||||||||||||
| Spotlight HolidayClub | 34840 | 34840 | |||||||||||
| Newham Council | 107487 | ||||||||||||
| Kulan MayHalf term HolidayClub | 9000 | 9000 | |||||||||||
| Sportlight Xmas Holiday | |||||||||||||
| UBAX Project | 32800 | 32800 | |||||||||||
| Westminster CityCouncil | 58960 | ||||||||||||
| Starts With You Project | 19700 | 19700 | |||||||||||
| Inside Out Door Festival | 9946 | 9946 | |||||||||||
| London CommunityFoundation | 9978 | ||||||||||||
| Saaxib Project | 3750 | 3750 | |||||||||||
| Girls Can Kick2 | 2500 | 2500 | |||||||||||
| Total | 5300 | 112536 | 117836 | 199925 | |||||||||
| Detailed Expenditures on Charitable Activities by Activity Type | |||||||||||||
| 2024 | 2023 | ||||||||||||
| Charitable Activities | |||||||||||||
| And Support Cost | |||||||||||||
| Staff | 29560 | 29560 | 30100 | ||||||||||
| Training &TrainerCost | 14500 | 14500 | 5208 | ||||||||||
| Volunteer&Travel | 2700 | 6500 | 9200 | 5700 | |||||||||
| Rent/VenueHireHire | 18600 | 18600 | 17900 | ||||||||||
| Compliance | 4300 | 4300 | 4300 | 600 | |||||||||
| Administrative cost | 9100 | 9100 | 8200 | ||||||||||
| CommunityActivities | 8800 | 8800 | 75000 | ||||||||||
| Accounting &Examination | 350 | 350 | 300 | ||||||||||
| Depreciation | 1032 | 1032 | 1092 | ||||||||||
| Total | 7350 | 92392 | 95442 | 144100 | |||||||||
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KULAN SOMALI ORGANISATION
17. Staff Cost
The total staff costs and employee benefits for the reporting period are analysed as follows:
All of our employee’s only work within the project and work as a contract basis that shows on the training and trainer cost.
No employee earned more than £60,000 during the year 2024
18. Trustee remuneration and expenses:
SORP 2015 requires the following statements to be made:
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).
19. Related parties:
There are no related party transactions during the year.
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KULAN SOMALI ORGANISATION
20. Depreciation of fixed Assets
| Tangible Fixed Assets | Tangible Fixed Assets | Tangible Fixed Assets | ||
|---|---|---|---|---|
| Equipment Furniture & Total Fuxtures |
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| £ | £ | |||
| COST | ||||
| At 1 April 2023 | 4128 | 0 | 4128 | |
| Addition | ||||
| At 31 March 2024 | 4128 | 0 | 4128 | |
| DEPRECIATION | ||||
| At 1 April 2023 | 1092 | 0 | 1092 | |
| Charge for this period | 1032 | 1032 | ||
| At 31 March 2024 | 2124 | 1332 | ||
| NET BOOK VALUE | ||||
| At 31 of March 2024 | 3096 | 3096 | ||
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