SOMAI.I FAMILY LEARNING & REGENERATION PROJECTS Accounts & Reports For the year cnded 31 March 2024
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Contents For the year ended 31 March 2024 Page Legal and administrative inforniation Trustees. report Independent ¢xaminer's report Statement of financial activities Balance sheet Notes to the accounts
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Legal and Administrative Inforniation For the year ended 31 March 2024 Status.. Charity registered in England & Wales Charity number: 1109365 Office: Southall Resource Centr¢ F¢ath¢rstone Terracc Southall, Middlesex UB2 SAL Trustees: Sulayman Ibrahim Ahmed S Bile Omar Aden Muna Ahmed Asha Ahmcd Nadia Yusuf -chair -Treasurer -secretary -member -MeMr -M¢mb¢r Bankers: Barclays Bank plc 21 O High Street Hounslow, Middlesex TW3 IDL Accountants: Issa Associates Chartered Certified Accountants 40A Maygrove Road London NW6 2EB
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Trustees, Report For the year ended 31 March 2024 Objective The objective of Somali Family L¢arning & Regeneration Project is to provide educational study suppo¢ inforniation and advice for refugee children. young people. their parents and other community members in Southall and surroundin8 ai'eas. Legal slruciure The Somali F-amily Learning & Regeneration Project is a charity community organisation registered in England aiid Wales. Financial slalements The trustees submit their trustces, report and financial statements for the year ended 31 March 2024. Policies.. Reservepolicy.. The trustees are endeavouring to build up its donor bas¢ with a view to haviiig reserves equal to 4 Months operating ¢xpenditur¢. This equales to £1 0,000. Risk(s) review,. The trustces have ce1]tlY reviewed the major risks faced by the charity organisation. The charity is heavily depending on year on year funding and is at risk of sliortage of funding for its fijture programmes. Trustees Responsibilities The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and ¢nabl¢ ih¢in to ensure th& th¢ financial statements cornply with Charity law. The trustees oversee preparation of financial statements, select suitable accounting policies and makc judginent5 and estimates that are reasonable and prudent to give the true state of affairs of the charity. Trustses are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the governing constitutional documents.
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Trustees, Report (continued) For the y¢ar ended 31 March 2024 Aclivitie.s andAchievements The charity is managed by elected trustee members and is staffed by 13 volunteers Consisting of nine teachers, onc project support officer/ child protection officer, on¢ project co-ordinator and two youth workers. The office is open from Monday to Friday between l Oam And 4pm. The ¢or¢ of the organisatioii's activities includes: Supplementary support classes especially for Children aged between five to sixteen who are under perfomiin8 at rnain-stream schools to build th¢ir confid¢nce and educational attainment levels. Productioii of newsletter infoming parents iiew to the UK education systcm with how the school system works as well as the need for their involvement in their children's learning. Job search for the un-employed refugees and asylum seekers with work permits. Educational visits, sport and youth training and r¢¢r¢ational activities. Cost of Living support including dir¢¢t support for families, advice sessions and training Funding The organisation was funded by Community Organisations Cost of Living Fund. John Lyons, Awards for All, and Young Ealing Foundation. This report was approved by the board and signed on its b¢half by: Chair Sulayman brahim Dat¢: 23 August 2024
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Independent examiner's report For the year ended 31 March 2024 I have examined th¢ accounts on pages 5 to 6 which hav¢ been prepared on accruals basis. Respective responsibilities of trustees and examiner The trustees of the charity are responsible for the preparation of accounts. we consider that the audit requirement under section 43(2) of the Charities Act 1993 does not apply. It is my sponsibility to examine th¢ aOunts, without rfonnlng an audit, and to report to trustees. Basis of independeni exapniner's reporl This rcport is in rcspcct of an ¢xamination ¢arried out under Section 43 of the Charities Act 1993 aiid in accordance with the directions given by the charity commissioners under section 43(7Xb). An eXnInatiOn in¢lud¢s & review of the ac¢ountin8 records kept by the charity trustees and a comparison of the accounts presei)ted with those records, It also includes a review of th¢ a¢¢ounts and inaking such enqiiiries as are necessary for the purpose of this r¢port. The procedures undertakeii do not constitute an audit. Independenl axaminer's slalement Based on my examination, no matter has come to attention which gives m¢ reasonable cause to believe that in any material respect accounting records for thc year ended 31 March 2024 have not bc¢n in accordance with section 41 of the Charities Act 1993. or that the accounts presented do not accord with thos¢ records or comply with the accounting requirements of the Charities Act 1993. No matter has come to my attention in coiinection with my examination to which, in my opinion, attention should be drawn to enabl¢ a proper understating of the accounts to be reached. Issa Associates Chartered Certified Accountants 40A Maygrove Road London NW6 2EB ISSA ASSOCIATES i'u',l)IDa (".v.IlifirxJ Accrjunlonl" II)A MAYGFILIVE ROAD LONDON hlWI> >C8 TEUFAX. +44 Mf)BILE. +44 017¢JJ1 3229¥.4 FMAIL. inlo@)issaassOes.£.)ffj Date: 23 August 2024
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Receipts & Payments for the year ending 31 March 2024 2024 2023 Restricted Unrestricted Total funds Total funds Receipts Young Ealing Foundation John Lyons Community Organisations Cost of Living Awards for All 3,000 4,700 25,640 7,000 3,000 4,700 25,640 7,000 3,500 3,100 Total receipts 40,340 40,340 6,600 Expenditure Premises expenses Tutors costs { Supplementary Classes) Teaching materials Hiring of classrooms Training & travel Insurance Outings and events Cost of living Support Printing, stationery and photocopies Depreciation charge for the year Legal and professional 107 11,230 535 5,445 122 500 4,610 17,920 326 107 11,230 535 5.445 122 500 4.610 17,920 326 79 1,000 670 7,990 3,960 115 451 3,310 297 79 701 79 1,000 Total expendrture 41,795 79 41,874 Surplus/(deficit) for the year Fund balance bl (1,455) 9,865 (79) 611 532 <1,534) 10,476 (11,437) 21,913
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Balance Sheet for the year ending 31 Marth 2024 Note 2024 2023 Tangible fixed assets Computers and office equipment 79 158 79 158 Current a$8ets Cash at bank Cash in hand 26.777 10,312 28.783 10,318 Current Ilablllty Accru818 Net Current 88Bel8 8,863 10,318 8.942 10,476 Repr•••nted by: Re8tricled ftsnds Unretsrictèd fund8 8.410 532 9,865 611 The statement of financial activities as sel out on page 5 for the financial year ending 31 March 2024, and the statement of a88etS and Ilabililies as sel out on this page are as approved by the Msnagement Committee and Signed on its behalf by.. Sulayman Ibrahim Chair D•l8d.. 23 Augu#t 2024 Bile Treasurer Dated.. 23 Augu•t 2024
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Notes to the Accounts For the year ended 31 March 2024 Basis of accounting The financial statements have be8n prepared under the historical cost convention. and have been prepared in accordance with Statement of Recommended Practice (SORP 2015), "Accounting and Reporting by Charities and applicable accounting standards. Accounting Policies A summary of th8 principal accounting policies, all of which have been applied con- sistently throughout the year is set out below. Income and expenditure All income and expenditure is accounted for on accrual basis. 2.2 Fund Accounting General funds are available for use at the discretion of the trustees in furtheran of the general objectives of the charity. Restrict8d funds are funds subject to specific restrictive conditions imposed by donors. Tangible Fixed assets and Depwiation Tangible fixed assets are stated at cost. Provision for depreciation of fixed assets held for use by tho chanty is made at an annual rate of 25/0 on straight line basis. 2.3 Charity status The charity is registered with the Charities Commission in England & Wales.
SOMALI FAMILY LEARNING & REGENERATION PROJECTS Notes to the Accounts for the year ending 31 March 2024 Office equipment Costs.. Total At 1 April 2023 Additions during the year 4,383 4,383 At 31 March 2024 4,383 Deprecation.. At 1 April 2023 Charge for the period 4,225 79 4,225 79 At 31 March 2024 4,304 4,304 Net Book Values.. At 31 March 2024 79 79 At 31 March 2023 158 158 Creditors and accruals 2024 2023 Accruals - Cost of Living Support 17,920 17,920