TRUSTEES REPORT AND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 FOR HORNAFRIC DEVELOPMENT ASSOCIATION HORNAFRIC DEVELOPMENT ASSOCIATION ONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Pa90 Le9al and admln$trntlv• Inforrn¥tlon Report of the Trust•es Report of tho Ind•p8nd•nl Examlner Statement of flnan¢l31 •ctlvftl•s Balance Sheet Ilot•s to the Flnanclal Staternents Income and Expendbture Account HORNAFRIC DEVELOPMENT ASSOCIATION TATEMENTS OF FINANCIAL ACTIVITIES FOR THE YAER ENDED 31 MARCH 2022 LEGAL AND ADMINI TRATI INF RMATI LEGAL STATUS . Rwstefed Ch•rrty CHARITY NUMBER 1112877 TrUSTEES Mr. xu￿1 ou￿1? Chaw Mr. Yaseen Farnh Tr•asur•r ADDRESS . 3rd Noor. 46 V4hrttth•O RrAI LOr￿n E1 1JX INDEPENt)ENf EXAMINER SHAHIDULLAH & CO Chartered Certrf* Accountants 299A Bethnal Green Roao BANKERS Bardays Bank Pk 240 WhitethaFel R•)d Lon¢Jon E1 1P Page 1 HORNAFRIC DEVELOPMENT ASSOCIATION RF.POR T ni" THF. TRI STTr.F.S" FOR THE )'E..41l b.NDED.11 IIARCH 2022 The [ruS￿¢4 hai'¢ the pleasure in preseniing thknir rerK)n th¢ rtnaneial 51aiem¢nts t¢Yi¢w¢d by th¢ inde￿T￿tAl examin¢T for year ended I l Nli.rili 70!! I.F.GAI. STATLS The HornafriL DekeloptDCN A￿¥0¢1•10￿ is a regiikred ¢lwiry goV¢rI￿ by ¢oDstitUEion adOp￿d 7QO4. AIMS ATr•D OBJF.cfivES The HoTnafric tkv¢lopnKni As'sociaiioo u ds :iwTxlcd in ?fMM aryl rkYeii"Ld clwiry in J&ttuArv 2(kn. wilh aim of PTOTTMyiin8 ￿v￿110n ih¢rL'fiire N"OTking wilh famil)- ar¥1 dbildTen helping primarilv io In¢rLasc cducalion attainm¢nt in London. 'lo pro¥'id¢ supron IIK comniuniry in Iheir social and culmral The obJt¢ts of th¢ Ch•rliTr Is sei otyi S# li* e0tt5tilutiOll 8r¢ follfjw5: To Pronk)t¢ for the public FTh.fii ￿. provision or 5eniccs diTryr¢d ￿￿7rd5 reconcblsaiion. mcdtaLion afyj Tewlution of p¢rsLin￿l ur lomily connicl.% disput:s aryM)ng m¢nthrs of ih¢ Som&li ¢ummiinity within Engl8nd and i The arca ot bcncfit). ro prLSL Th dlioD and pr()trction of gL￿d I,.ealih in pani¢Lilar anM)ni, . l'uutsgcr mctnbcr5 of thc Sotnali comi)iunLty ￿'1[hin ihe Adiiona] xrLa 01 Ik-ncfii b%.-.hc prol'isioii OF informdiion ddK'i¢¢ WMI guida¢K¢ r¢laLtng ￿ ih¢ risks &sO¢latL￿ ￿'1[h subsianLL abus¢. SuLh oth¢T gcncral clwithble pur￿￿ t.or the k"n¢fii of thc n￿rn￿r$ of the &Trmali ¢ommunity within the area of bcn¢fit as lh¢ thall tsoiii iirn. ￿ lime d.'icrnii￿. PRI%CIP.41. AcfiN'ITIES The principal aciivitics of the club are as fi)1I01kn Family ¢Trgag¥n￿￿t progrdmn After scknl - Suppkn￿￿1ary Lla%s¢s MnihLr longit¥ al￿ .4rnbic languJ￿L Lla%ies Communiiy dii'crsionary apd edui'aiion programn￿. Ad￿1¢¢ and guidAnL¢ APPOINT%IENT OF TRLSTF.F.S Th¢ IruS￿¢S are aWQTrt￿l from the nKmbetship of ihe clth. thc m¢n*r alleThJing ihe Annual GenerAI M¢¢iing to ¢l¢Li the Pa8e 2 HORNAFRIC DEVELOPMENT ASSOCIATION RF.PORT I)F- THF. TRI STF.F.S' FOR THF" I"F".IR F-NDF-.D.11 11.IRC'II 2022 FIYANCIAL RF.I'IF.14.' 4%D PER Tr"ORIIANC'E The Inist¥¢￿ LoTrsMler thc p¢rfornMnc¢ ol th¢ clariry. dun'ng iht ycar L% SYli%factory. HO￿¢￿(r. an intreAsed l¢i'LI of fvnding 15 rcquiicd in o..du ￿ SU>tsin ioniinurd PMJpuIthty in 1￿Ch Club scryi￿5 and mainitLin a prud¢￿1 l¢v¢l oCrcscrK"c iuppori its coniinuing ￿11% ¢lT¢S STATE%IENI OF TRIISTEF.S' RF.SPO%SIBILITIES LAW applicabl¢ (o clwities in En8larMJ and 11 ales requtrsiiiott & th¢ ¢nd of th¢ year. In pr¢p&rin8 ihEts¢ financial stJi¢nKni$. ￿ tyu5ttt5 are rcquir¢d Sclect suithbk ¥¢ouniing rx)IiciL% kpply them coni15TentlN-. Mak¢ Jud¥¢rntnts and eslimal￿ Ihat are reas(Trnabl¢ dnd prudenL Stale ￿h¢ther appliLable UL¢oun',Ln8 $1.indards and %iaL¢wnis of recominended prdCiiCC haie tK¢n fallnwed. subjecr 10 Jn5' diiiarfures. disc111￿d and ¢xplained in the financial Stalctncnts., Prcparc Ihc fina￿121 sthtemeni% a g4)ino Co￿*￿ iwsis unl¢ss it is inappropriate io presun* ihai ihc chaniN' w.ill ¢oniTrTrue in 0￿-￿i￿n. Thc Inislcc% arc r¢sIx￿sIble for keeping. actouniirtB recoriLs ithich diKlo& with reasoftable Aecuracy at on}" ¢iThc Ih¢ financial wisirion of ihe Lhari:N drxl enabl¢ Ih%m 10 cn)ur¢ Ihai ihe finanLid staiements compls, Hiih Chariii thf lh¢ Clk7n"Iics Rlct Imf). thc Iru%i¢es a8r¥i ihai an a￿11( is not rcquircd for Ihis fJnauKiai )rar. hoM"ci'¢r. fo ihc PTVI ol.thc $ll￿c ail I￿1Cp¢ndcn1 ¥xaini￿'[ is reqwred. Mr Klohammed Shahidullah of ShahidullJh &. Co (ch￿¢[¢d L'enifi¢d Aceountsnlsl will be appoin¢cd as an independ¢nt ¢xaminLr for thc ensUjII8 1Lar. .4PPROI"AL This report was approv Ir ko%e% ihmed ITre*swrtrl Dale: Pag¢ 3 HORNAFRIC DEI'EI.nPNIF.NT.ASS()CI..%TIO FOR THF. I'F. IR F'NI)Tr"I).11 11 IR(-H 2022 INDEPENDENT EknIIINERS'S REPURT TO TRL'STTr:F.5 HOR% IFRIC DEI"ELOP%IF.%T ISSOC14TION I report ijn the accounis of FIORN 4FRIC DEI'ELOPMF.NT ASSOCJA TION for the year ended 31 March 2022. which are iei out on pages 5 mll. Respectii'e responslblllile5 tsf irustees and ei*mlntr Th¢ CharytS' s trusiee.% are resp()n4ible for ih¥ pr£pardTion of fhL accoun1%. The C'harily'5 irust¥¥s consider rhai an a￿11 is ni￿ r¢quir¢d fcir ihii >'edr iunder seciion 43121 tsf the C hariiies Aci 1993> and Lh￿ an tr.d¢Fndeni exdminaiion i) needthi li is my responsibility io: examinc the accounts und*r seciion 431.1> lal i)f ihe C'h&irities Act 1993. 2. follo￿, the pr(￿edureS laid (kn￿,n in thL Generdl Direciion5 the Ch&riry Commi55ioners utmler sei Lion 4'17Kb) ot Ihe C-harities 1993: 3. To state %¥h¢ther paniLular mJii¥f5 hai'e ¢omL' lo my anention. Ba51s on Ind¢peodeni Ex•mintr'5 report My examinaiion carried oui in accordance *'iih the Cyeneral Direction ¥iven by the Charit}. COMMI￿¥10n¢T$. An e¥amiT7L1Don iTKludes a rei'ieN' nf th¢ acLounting recordi kept by ihe charitv and a comparison 01 ihe ac£ouni% pres¢ni¢d u'iih ihose records. li also includes lonsid¢rJt1(￿ vf an¥ unusual iienis or diiclosufi in the aLCOUnts and seeking explandiiuns from s'ou as iru*ieL'S ¢i)nr¢rninL- an%. SULh maners. Th¢ pftxedurc undcTTak¢n Ik*s niii proiide all ih.. e%?d¢n¥C thal M'ould be required in an 4udiL and ¢unsequently I do noi expre*S 'iud,.i i¥pinion on ihe i'le￿. gii'en by th¢ aLcounis_ Independent Ex*mlner's StAtement In conTJeclion with m), examinaiii)n. no mJnLrs to coThe m!. anention: l. WhiLh ￿l'eS me reasonable ￿uSe io btliei'e thai any material respeci the requir¢menis To keep acc4)uniiiig records in *Co[￿nCe w'ith secuon 41 of the chariiies Acl 1993: and To prtparL &'Luunis 'A*.ich aLcord wilh the ai¥ouniing records and Comply 'ith the aiLouniing r¥qUiTemenLs of Ihe Chwities ALI 1993.Have noi been met. or 2. To w'hi¢h mv opinion alleniii%n shi)uld be in Order to enable A Proper unikrsthndin8 Qt'ihe accoun1> io be rL#Lhed Mi)hammed Shahidullah Shdkndull&h & L o C-hari¢r¢d Certified A¢coununis 299A Bethnal Cireen Road London E? b.4H HORNAFRIC DEVELOPMENT ASSOCIATION TATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 31 MARCH 2022 ilnrestrict•d R•$trict•d Funds Fundj To￿1 31A322 Toial 31.OJ.21 INCOMING RESOURCES Don8tion Oiher Inc4yne IJRS grandl Bank Interest TOTAL INCOMING RESOURCES 5978 7469 5978 7469 24547 12144 16 36707 13452 RESOURCES EXPENDED . Wages & salaries Direct Charitable actmty cost 19587 19587 14618 Direct Charitable expendilure 19587 19587 14618 Gross Incomin￿{Out9cXn9 re￿rceS) {6135) 161351 22,089 M8n8gemenl & admlnstrative expenses 734 734 663 Nel in¢ominW outgoing restyJrces before transfer 6869 6869 Gross transfer between lunds Nel Incomin￿ outgoing reswrces after transfer 6869 6869 21,426 Ital Accounts Brought forward DeficillminusllAdd {surplus> 61,150 168691 61150 (68691 39992 21426 Fund$ carrled 10Th￿rd 54,281 $4281 61418 Page 5 HORNAFRIC DEVELOPMENT ASSOCIATION BALANCE SHEET AS AT 31 MAR Notes Total 31.03.22 Total 31.03.21 FIXED ASSETS . Tangible assets CURRENT ASSETS Cash al bank and In hand 55359 55359 62136 62136 CRED￿oRs . Amounts falling due wthin one year 110791 1719) NEf CURRENT ASSETS Y280 61417 NET ASSETS 54281 61418 FINANCED BY CAPIT AL ACCOUNT Blf Adjuslmenvdeficit Tot81 funds 61150 6869, 54281 21426 61418 P89¢ 6 HORNAFRIC OEVELOPPIENT ASSOCIATIO14 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTING POLICIES Accounting convention The finanaal staleménts ha¥e been prepafed tP)e hi8tort41 cost tonvenbon In accordancA wilh the stèiernent of recorKr,anJed pla￿"t-{SoftP 2[￿)5) and Charrf*s acl T•ngible fixed ass•ts Tangible Tixed as$8* are staled Dxt less deprec¢atnn .C)epra¢iaiion is PfONided at the lollowng amual rates bn order lo wfife off each assel owlr 41$ e$tymated useful life. CompLrter equipments 33% (fr ¢osl Exc•ssn)•ficlt of funds The excessIder￿1 of furKIs 15 slaled after tharyiTrJ 31.03 22 31.03.21 Stsff cos18 Wages & salaries mdudes salary paKI to Doth enwoye￿s who provkjed th'rect charitable service and Ihc*e who We￿ invcA¥ed in m411agemtrnl ol the (*wty. 31.03 22 31.03.21 Salary 19587 14618 TANGIBLE FIXED ASSETS COST.. 31J.2022 At 1 Awil 2021 4484 4484 4484 4484 Al 31 Marc* 2022 DEPRECIATION Al 1 April 2021 Charge for year Accumulaled deP￿l•bo￿ 31.3.22 4483 4483 4483 4483 NET 800K VALUE . Al 31 March 2022 At 31 march 2021 Page 7 HORNAFRIC DEVELOPIAENT ASSOCIATION INCOME AND EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 31_032021 Inc<>ffl• D￿8110￿ other Incomo IJRS grandl Bank Interest i9", 8 7469 5978 7469 24547 12144 36707 Dlrn¢t Ch•rTlabl• •xpendlture Wages & solaries 14587 14618 19587 4135 14618 22089 GrosB wJrplu¥d•fioi AdMInstr•￿ •xp•ndilure Telephone. 18x & Iniernot Post and 3iab.onery 15 Legal 8nf PrOfeW￿al Rent ofth and h￿18 Erttertainrnenl & evenl 111 Volunteer •xwrw• General ÉxpBn¥$ 87 Cavjj ar￿ travd expenseB Rep*r Maint•nanc• &Jndry eynse8 101 Accountancy Cosi for Human kn Prt4ect 8ank Chap J Raw¢ah Insbty T34 21426 Deprecwikin '. Plant & Mathin DEFICIT OF INCO¥É O¥ER EXPENOnURE 4PA9 214 APPROVAL 20..14-20?A Appraved bythe Irus*es and I￿r L*lwWIffi. ..... .. . .......... Mr Xuts•n Dueal• Ch•imMn Mr. Koyes Ahnwd Tr•*sur•r 2.0 -4. _ .>.￿￿_ Pw8