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2023-03-31-accounts

SOMALI COMMUNrrY DEVELOPMENT TRUST Accounts & Reports For the year ended 31 March 2023

SOMALI COMMUNITY DEVELOPMENT TRUST

Contents

For the year ended 31 March 2023

Page

Legal and administrative information 1
Trustees’ report 2-4
Independent examiner’s report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8-9

SOMALI COMMUNITY DEVELOPMENT TRUST

Legal and Administrative Information

For the year ended 31 March 2023

The company changed its name from Somali Community Development to Somali Community Development Trust on 17 January 2007.

Status: The organisation is a charitable company limited by guarantee, incorporated on 23 December 2004 and registered as a charity on 30 August 2005. Company Number: 5320249 Charity Number: 1111088 Registered Office 62A St. Pauls Crescent London, NW1 9XZ Business Address: 62A St. Pauls Crescent London, NW1 9XZ Trustees Mohamed Ali Farah - Chair Abdiwahab Musse - Treasurer Abdulaziz Farah Jumca - Secretary Khalif Ali Duale - Member Abdulahi Nur Musse - Member

Bankers: Barclays Bank Plc Islington Branch Islington & Camden Group P.O. Box 3474 London NW1 7NQ

Accountants: Issa Associates Chartered Certified Accountants 40A Maygrove Road London, NW6 2EB

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SOMALI COMMUNITY DEVELOPMENT TRUST

Trustees’ Report

For the year ended 31 March 2023

Objective

 The objectives of Somali Community development Trust is: The relief of poverty; the advancement of education; and the pursuit of other charitable purposes beneficial to the Somali community living in the United Kingdom and Somalia, in particular through the provision of advice, information and other services.

Legal structure

Somali Community Development Trust (SCDT) is a company limited by guarantee and a registered charity with the Charities Commission in England & Wales.

Financial statements

The trustees submit their trustees’ report and financial statements for the year ended 31 March 2023.

Policies:

Reserve policy:

The charity currently operates with minimal reserves. The trustees are endeavouring to build up its donor base in order to continue providing its services to the local community.

Risk(s) review:

The trustees have recently reviewed the major risks faced by the charity. This has resulted in efforts to raise unrestricted funds, increase charity’s donor base and the implementation of health and safety review.

Trustees Responsibilities

The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006.

The trustees oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the charity.

Trustees are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the Memorandum and Articles of Association.

2

SOMALI COMMUNITY DEVELOPMENT TRUST

Trustees’ Report (continued)

For the year ended 31 March 2023

Management Arrangements

The charity is managed by elected 5 trustee members and is staffed by one part-time employee and 10 volunteers. The office is open for appointment only from Monday - Thursday between 10am - 2pm, and Friday closed for the public.

The Role of Volunteers

Volunteers run office-based advice and advocacy, outreach to connect users with the local services and school link work. They also provide office admin service for the organisation as the trust most of its paid staff.

Activities and Achievements

Advocacy and Guidance for Refugees and Asylum seekers

A four days advice and advocacy service is run for Somali refugees and asylum seekers in the Camden Town area. Two part time volunteers offer advice to Somali families in their ‘mother tongue’. A volunteer administrator started working on January 2018 who also is complementing the advice service. An interpretation and translation service is also provided to refugees with language issues. The volunteer, who is just completed his level three interpreting/translation course with Mary Ward Centre, is running this service. This year project supported 106 people who attended our office for help as the trust offers cultural specific services.

Somali School Link Project with Camden Secondary schools and School Exclusion Project:

The Somali Link works closely with school-based Home/School Link Workers and community groups to establish effective links with Somali parents and support schools in identifying and addressing issues facing Somali young people as well as the parents. In this current year 2019/20 alone the project has worked with more than 90 parents and 62 school children. There are also two secondary schools in Camden who benefit directly from the project. They are Regents High and William Ellis Schools. The main source of funding for this project is from those two schools.

Parents received seminars, trainings and awareness campaigns such as Behaviour and Exclusion Management, Female Gentile Mutilation (FGM), extremism, and revision guidance for GCSE students. They also receive support when attending Progress review days for KS3 and KS4. Future plan for SCDT this coming year is to reorganise our centre at 62a St Pauls Crescent as a training hub for the community.

Work partners

SCDT works closely with Somali Youth Development Resource Centre (SYDRC), Voluntary Action Camden, Maiden Lane Community Centre and with many more local partners.

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SOMALI COMMUNITY DEVELOPMENT TRUST

Trustees’ Report (continued)

For the year ended 31 March 2023

Staff and Trustee Training

As a policy SCDT encourages both the Management Committee, Volunteers and Staff members to participate different training opportunities that many statutory and voluntary sector organisations offer. All staff members attended trainings offered by 5E at Selby Centre, Voluntary Action Camden (VAC), Regent High School and British Somali Community.

Funding

The trustees express their thanks to all funding agencies and individuals that have helped the charity to develop and provide its crucial services for the local community. Special thanks go to the following agencies that supported the charity during this financial year: They are Camden Council, Regent High School and William Ells School.

Parents received seminars, trainings and awareness campaigns such as Behaviour and Exclusion Management, Female Gentile Mutilation (FGM), extremism, and revision guidance for GCSE students. They also receive support when attending Progress review days for KS3 and KS4. We are in our first year of centre reorganising plan that started last year and make our centre at 62a St Pauls Crescent as a training hub for the community.

Work partners

SCDT works closely with Somali Youth Development Resource Centre (SYDRC), Voluntary Action Camden, Maiden Lane Community Centre and with many more local partners.

Staff and Trustee Training

As a policy SCDT encourages both the Management Committee, Volunteers and Staff members to participate different training opportunities that many statutory and voluntary sector organisations offer. All staff members attended trainings offered by Camden Council, Voluntary Action Camden (VAC) and Regent High School .

Funding

The trustees express their thanks to all funding agencies and individuals that have helped the charity to develop and provide its crucial services for the local community. Special thanks go to the following agencies that supported the charity during this financial year: They are Camden Council, Regent High School, Parliament Hill School, and William Ells School.

Chair Mohamed Ali Farah

Date: 11 December 2023

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SOMALI COMMUNITY DEVELOPMENT TRUST

Independent examiner’s report

For the year ended 31 March 2023

I report on the accounts of the company for the year ended 31 March 2023, which are set out on pages 5 to 6.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination 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 disclosures 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 no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:

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Issa Associates Chartered Certified Accountants 40A Maygrove Road London NW6 2EB

Date: 11 December 2023

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SOMALI COMMUNITY DEVELOPMENT TRUST

Statement of Financial Activities

For the year ended 31 March 2023

Notes
Income
Grants and Donations
L. B. Of Camden
Zurich Insurance
Regents High
William Ellis School
HMRC JRS grants
Parliament Hill School
Maiden Lane Community
Sundries
Expenditure
Salaries and wages
Rent and service charges
Legal and professional
Office repairs
Training and materials
Trips and events
Light & heat
Telephone & Internet
Travel & volunteer costs
Bank charges
Postage, printing & stationery
Sundry expenses
Total expenditure
Surplus/(deficit) for the year		 Unrestricted
£
-
-
3,886
2,073
-
5,425
-
550
11,933
9,471
-
-
-
-
-
300
215
-
96
1,844
-
11,926
7		 Restricted
£
14,990
12,840
-
-
-
-
5,005
-
32,835
4,908
1,665
963
12,841
2,085
2,838
-
-
7,240
-
-
-
32,540
295		 2022
Total funds
Total funds
£
£
14,990
6,680
12,840
-
3,886
2,925
2,073
3,238
-
1,615
5,425
2,275
5,005
-
550
500
44,768
17,232
14,379
6,184
1,665
970
963
1,166
12,841
-
2,085
9,943
2,838
-
300
276
215
480
7,240
4,770
96
66
1,844
380
-
-
44,465
24,235
303
(7,004)
2023

6

SOMALI COMMUNITY DEVELOPMENT TRUST

Balance Sheet

For the year ended 31 March 2023

Notes
Fixed assets:
Office equipment
3
Current Assets:
Cash at bank and in hand
Current liabilities payable within 1 year:
Creditors and accruals
5
Net Current Assets
Total Assets less current liabilities
Funds:
Balance for the period
Balance brought forward		 £
£
£
£
-
-
5,013
4,710
5,013
4,710
(200)
(200)
4,813
4,510
4,813
4,510
303
(7,004)
4,510
11,514
4,813
4,510
2022
2023

For the financial year ended 31 March 2023, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.

These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 1 to 6 were approved by the board and signed on their behalf by:

……………………………….. Treasurer Abdiwahab Musse

Date: 11 December 2023

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SOMALI COMMUNITY DEVELOPMENT TRUST

Notes to the Accounts

For the year ended 31 March 2023

The financial statements have been 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.

2 Accounting Policies

A summary of the principal accounting policies, all of which have been applied consistently throughout the year is set out below.

2.1 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 furtherance of the general objectives of the charity.

Restricted funds are funds subject to specific restrictive conditions imposed by donors.

Tangible fixed assets are stated at cost.

Provision for depreciation of fixed assets held for use by the charity is made at an annual rate of 25% on straight line basis.

2.3 Status

The charity is a company limited by guarantee. The members are the trustees named on page 1. The liability in respect of the guarantee, as set out in the Memorandum, is limited to £1 per member of the company.

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SOMALI COMMUNITY DEVELOPMENT TRUST

Notes to the Accounts

For the year ended 31 March 2023

3 Tangible Fixed Assets
Office Total
equipment
Costs £ £
At 1 April 2022 6,083 6,083
Additions during the year - -
At 31 March 2023 6,083 6,083
Depreciation
At 1 April 2022 6,083 6,083
Charge for the period - -
At 31 March 2023 6,083 6,083
Net Book value
At 31 March 2023 - -
At 31 March 2022 - -
4 Creditors and accruals 2023 2022
£ £
Accounts fee 200 200
200 200

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