ILAYS ILAYS
Accounts Accounts & & Reports Reports
For For the the year year ended ended 29 29 February February 2024 2024
ILAYS ILAYS
Contents Contents
For For the[the] year year ended ended 29 29[February] February 2024 2024
Page Page
Legal Legal and and administrative information administrative information 1 1 Trustees’ Trustees' report report 2-3 2-3
Independent Independent examiner’s examiner's report report 4 4
Statement Statement of of financial[financial] activities[activities] 5 5 Balance Balance sheet[sheet] 6 6 Notes Notes to to[the] the accounts accounts 7-8 7-8
»
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ILAYS ILAYS
Legal Legal and and Administrative Administrative Information Information For For[the] the year year ended ended 29 29 February February 2024 2024
Status: Status:
The The organisation organisation is is a a charity charity and and a a company company limited limited by by guarantee. guarantee.
Company Company[number:] number: 05372377 05372377
Charity Charity number: number: 11 1118016 18016
Registered Registered Office Office & &
Business Business Address: Address: 38 38 Bensington Bensington Court, Court, New New Road, Road, . Bedfont, Bedfont, Feltham, Feltham, Middlesex, Middlesex,
TW14 TW14 8HX 8HX
Trustees: Trustees:
.
Dr. Dr. Yusuf Yusuf Ali Ali Ms. Ms. Suad Suad Musse Musse Mr. Mr. Hussein Hussein Hassan Hassan Mrs. Mrs. Laila Laila Samatar Samatar Bankers: Bankers: Metro Metro Bank Bank Unit Unit[8,] 8, Hayes Hayes[Bridge,] Bridge, Southall, Southall, Greater Greater London London UB4 UB4 0RH[ORH]
Accountants: Accountants: Issa Issa & & Co co (UK) (UK) Ltd Ltd Chartered Chartered Certified Certified Accountants Accountants Suite Suite 1 116 16 Cumberland Cumberland House, House,
80 80 Scrubs Scrubs LN, LN,
London, London,
NWIO NW10 6RF 6RF
\
. 1 .
ILAYS ILAYS
ILAYS ILAYS
Trustees' Trustees’ Report Report
For For the the year year ended ended 29 29 February' February 2024 2024
Objective Objective
The The[objectives] objectives of of ILAYS ILAYS are are to to promote promote such such charitable charitable purposes purposes for for[the] the[benefit] benefit of of refugees[refugees] and and disadvantaged disadvantaged as as the the trustees trustees in in their their absolute absolute discretion discretion see see fit,[fit,][in] in particular[particular][but] but[not] not limited limited[by] by[generality] generality[of] of[ the] the foregoing, foregoing,[the] the relief relief of of poverty, poverty, the[the][preservation] preservation[and] and[protection] protection[of] of health health and and the the advancement advancement of of employment employment and and education education by by the the provision provision of of such such charitable charitable services services as as the the trustees trustees see see fit. fit.
Legal Legal structure structure
ILAYS [LAYS is is a a company company limited limited by by guarantee guarantee and and a a registered registered charity charity with with the[the] Charities Charities Commission Commission[in] in England England & & Wales. Wales.
Financial Financial statements statements
The The trustees trustees submit submit their their trustees' trustees’ report report and and financial financial statements statements for for the the year year ended ended 28 28 February February[2024.] 2024.
Policies: Policies:
Reserve Reserve policy:[policy:]
The The charity charity currently currently operates operates without without any any reserves. reserves. The The trustees trustees are are
endeavouring endeavouring to to build build up up[its] its[donor] donor[base] base[with] with a a view view to to having having general general reserves[equal][to][6][months][operating][ expenditure.] reserves equal to 6 months operating expenditure.
Risk(s) Risk(s) review: review:
The The trustees trustees[have] have recently recently reviewed reviewed the[the] major major risks risks faced[faced][by] by[the] the charity. charity.[This] This has has resulted resulted in in efforts efTorts to to increase increase the the charity's charity’s financial financial base. base.
Trustees Trustees Responsibilities Responsibilities
The The trustees trustees are are[responsible] responsible for for keeping keeping proper proper accounting accounting[records] records which which disclose disclose at[at] any any time time
the the financial financial position position of of the the charity charity and and enable enable them them to to ensure ensure that that the the financial financial statements statements comply comply with with the the Companies Companies Act Act 2006. 2006.
The The trustees trustees oversee oversee[preparation] preparation of of financial financial statements, statements,[select] select suitable suitable accounting accounting policies policies and and make make judgments judgments and and estimates estimates that that are are reasonable reasonable and and prudent prudent to to give[give] the the true true[state] state of of affairs affairs of of the[the] charity. charity.
2 2
ILAYS ILAYS
Trustees’ Trustees'[Report] Report (continued)[(continued)]
For For the the year year ended ended 29 29 February February 2024 2024
Trustees Trustees are are also also responsible responsible for for safeguarding safeguarding the the assets assets of of the the charity. charity. They They are are elected elected and and
replaced replaced as as set set out out in in the the Memorandum Memorandum and and Articles Articles of of Association. Association.
Activities Activities and and Achievements[Achievenlents]
The The charity charity is is managed managed by by 4 4 elected elected trustee trustee Inenlbers members and and is is staffed staffed by by paid paid staff staff and[and]
volunteers. volunteers.
The The core core of of the the charitable charitable company's company’s work work[is] is[to] to reduce reduce unemployment, unemployment, offer offer[educational] educational[and] and recreational recreational activities, activities, as as[well] well promoting promoting[healthy] healthy living living amongst amongst ethnic ethnic minorities minorities and and
refugees refugees by by providing providing them them access access to to information, information, advice, advice, guidance guidance and and basic basic skills skills training. training.
The The charity charity successfully successfully[delivered] delivered Employment Employment Support Support project, project, Mental Mental health health project, project, Youth Youth
support support project project and and AlG AIG (information, (information,[advice] advice and[and] guidance guidance project) project) and[and] run run campaign campaign against against FGM. FGM. It It served served over over 2,500 2,500 clients clients in in the the above above period. period.
Our Our[plans] plans[for] for the the forthcoming forthcoming year year[include] include enhancing enhancing and and building building on on the the strong strong[foundation] foundation already already started, started, and and increasing increasing initiatives initiatives and and activities activities that that suits suits those those who who are are in in need need of of guidance guidance[and] and[basic] basic skills skills training training[to] to get get[them] them out out of of poverty. poverty. To To achieve[achieve] this[this] we we[aim] aim[to] to secure secure funding funding for for core core activities, activities, increase increase resources resources both[both] in[in] terms terms of of infrastructure infrastructure and and personnel[personnel]
and and initiate initiate new new partnership partnership operations operations to to meet the meet the needs needs[collectively.] collectively.
Funding Funding
The The charity charity was was funded funded by by London London Borough Borough of of Hounslow Hounslow and and Trust[Trust] for for London London which which made made possible possible the the continuation continuation of of this this service service to to break break the the barriers barriers for for refugees refugees and and the the disadvantaged disadvantaged in in Hounslow Hounslow and and surrounding surrounding local local areas. areas.
This This report report was was approved approved by by the the board board and and signed[signed] on on its its[behalf] behalf by: by:
Trustee Trustee . Dr. Dr. YusufAli Yusuf Ali
Date: 27th December 2024 Date: 27" December 2024
3 3
ILAYS ILAYS
Independent Independent examiner's examiner's report report
For For the the year year ended ended 29 29 February February 2024 2024
We We have have examined examined[the] the accounts accounts on on pages pages[5] 5 to[to] 6[6][which] which[have] have[been] been[prepared] prepared on on[the] the[basis] basis[of] of receipt receipt and[and] payment payment basis.[basis.]
Respective Respective responsibilities responsibilities of of trustees trustees and and examiner examiner
The The trustees trustees of of the the charity charity are are[responsible] responsible for for the the[preparation] preparation of of accounts; accounts; we we consider consider[that] that
the the audit audit requirement requirement under under section section 43(2) 43(2) of of the the Charities Charities Act Act 1993 1993 does does not not apply. apply. It It[is] is my my
responsibility responsibility[to] to examine examine the the accounts, accounts, without without performing performing an an audit,[audit,][and] and to to report report to[to] trustees. trustees.
Basis Basis of of independent independent examiner's examiner’s report report
This This report report is[is] in[in] respect respect of of an an examination examination carried carried out out under under section[section] 43 43 of of[the] the[Charities] Charities[Act] Act
1993 1993 and and in in accordance accordance with with the the directions directions given given by by the the charity charity commissioners commissioners under under section[section] 43(7)(b). 43(7)(b). An An examination examination[includes] includes a a review review of of[the] the accounting accounting[records] records[kept] kept[by] by[the] the charity charity
trustees trustees and[and] a a comparison comparison of of[the] the accounts accounts presented presented with with those those records. records. It It also also[includes] includes a a
review review of of the the accounts accounts and and making making such such[enquiries] enquiries as as are are necessary necessary for for[the] the purpose purpose[of] of[this] this
report. report. The The procedures procedures undertaken undertaken[do] do not not constitute constitute an an[audit.] audit.
Independent Independent examiner’s examiner's statement statement
Based Based on on my my examination, examination, no no matter matter has has come come to to attention attention which which gives gives me me reasonable reasonable cause cause
to to believe believe that that in in any any material material respect respect accounting accounting records records for for the the year year ended ended 29 29 February February 2024 2024
have have not not been been in in accordance accordance with with section section 41 41 of of the the Charities Charities Act Act 1993, 1993, or or that that the the accounts accounts
presented presented do do not not accord accord with with those those records records or or comply comply with with the the accounting accounting requirements requirements of of the the
Charities Charities Act Act 1993. 1993. No No matter matter has has come come to to my my attention attention in in connection connection with with my my examination examination
to to which, which, in in my my opinion, opinion, attention attention should should be be drawn drawn to to enable enable a a proper proper[understating] understating[of] of[the] the accounts accounts to[to][be] be reached.[reached.]
Tasa Aaseciates fbooci«te» Date: Date:[27th] 27" December December 2024 2024 Chartered Chartered Certified Certified Accountants Accountants Suite Suite 1 116 16 Cumberland Cumberland House, House, PSG yy Hoge 53.5 80 Scrubs Lane, London, London, areas re i7€ NWIO 6RF NW10 6RF — SA - 960 U Ati vias ' saasscciates.com saassociates CO
4 4
ILAYS ILAYS
Statement Statement of of Financial Financial Activities Activities
For For the the year year ended ended 29 29 February February 2024 2024
| 2024 2024 |
2023 2023 |
|||
|---|---|---|---|---|
| Unrestricted Unrestricted |
Restricted Restricted |
Total Total |
Total Total |
|
| funds funds |
funds funds |
|||
| £ | £ | £ | £ | |
| Income Income |
||||
| Grants and Donations Grants and Donations |
||||
| London Borough of Hounslow London Borough ofHounslow |
- | 29,038 29,038 |
29,038 29,038 |
37,670 37.670 |
| Trust for London Trust for London |
- | 18,000 18,000 |
18,000 18,000 |
22,500 22,500 |
| City of London City ofLondon |
- | - | - | 1,820 1,820 |
| Paddington Development Trust Paddington Development Trust |
- | - | - | 5,000 5,000 |
| TNL Community Fund TNL Community Fund |
- | - | - | 27,540 27,540 |
| Council ofSomali Organisations Council ofSomali Organisations |
. | 370 370 |
370 370 |
400 400 |
| Other income Other income |
- | IOO 100 |
100 100 |
50 50 |
| - | 47,508 47,508 |
47,508 47,508 |
94,980 94,980 |
|
| Expenditure Expenditure |
||||
| Wages Wages |
- | 50,813 50,813 |
50,813 50,813 |
48,620 48,620 |
| Cost ofLiving support Cost ofLiving support |
- | 153 153 |
153 153 |
10 1,110 |
| Youth activities Youth activities |
- | 4,841 | 4,841 4,841 |
5,965 5.965 |
| Travel & refreshment Travel& refreshment |
- | 1,954 1,954 |
1,954 1,954 |
- |
| Telephone, fax, and Internet Telephone, fax, and Internet |
- | 1,292 1,292 |
1,292 1,292 |
2,366 2,366 |
| Printing, postage and stationery Printing, postage and stationery |
- | 501 501 |
501 501 |
2.241 2,241 |
| Volunteer expenses Volunteer expenses |
- | 2,170 2,170 |
2,170 2,170 |
7,368 7,368 |
| Training Training |
- | 350 350 |
350 350 |
4,903 4,903 |
| Legal and professional Legal and professional |
- | 569 569 |
569 569 |
2,216 2,216 |
| Rent and hall hire Rent and hall hire |
- | 650 650 |
650 650 |
394 394 |
| Events and outings Events and outings |
- | 920 920 |
920 920 |
2,340 2,340 |
| General expense Generalexpense |
- | 40 40 |
40 40 |
604 |
| Depreciation Depreciation |
4,195 4,195 |
4, 195 4,195 |
4.195 4,195 |
|
| Total expenditure Total expenditure |
- | 68,447 68.447 |
68,447 68,447 |
82,321 82,321 |
| Surplus/(deficit) for the period Surplus/(deficit) for the period |
- | (20,939) (20,939) |
(20,939) (20,939) |
12,659 12,659 |
| Surplus/(deficit) brought forward Surplus/(deficit) brought forward |
- | 40,851 40,851 |
40,851 40,851 |
28,192 28,192 |
| Fund balance as at 29 February 2024 Fundbalanceasat29February2024 |
- | 19.912 19,912 |
19,912 19,912 |
40,851 40,851 |
5 2)
ILAYS ILAYS
Balance Balance Sheet Sheet
id For For the[the] year year ended[ended][29] 29 February[February] 20224 20224
| 2024 2024 |
2023 2023 |
||||
|---|---|---|---|---|---|
| Notes Notes |
£ | £ | & | . | |
| Fixed assets: Fixed assets: |
|||||
| Office equipment Office equipment |
3 3 |
2,784 2,784 |
6,979 6,979 |
||
| CurrentAssets: Current Assets: |
|||||
| Debtors Debtors |
18,000 | - | |||
| Cash at bank and in hand Cash at bank and in hand |
- | 33,872 33,872 |
|||
| 18,000 | 33,872 33,872 |
||||
| Current liabilities payable within I year: Current liabilitiespayable within 1 year: |
|||||
| Creditors and accruals Creditors and accruals |
4 4 |
(872) (872) |
- | ||
| Net Current Assets Net CurrentAssets |
17,128 17,128 |
33,872 33,872 |
|||
| Total Assets less current liabilities TotalAssets less current liabilities |
19,912 19,912 |
40,851 40,851 |
|||
| Funds: Funds: |
|||||
| Restricted Fund balance as at 29.02.2024 RestrictedFundbalafice as at 29.02.2024 |
19,912 19,912 |
40,851 40,851 |
|||
| 19.912 19,912 |
40,851 40,851 |
For For the[the][financial] financial year year ended endcd 29 29[February 2024,] February 2024,[the] the convany company was was entitled[entitled][to] to exemption[exemption] from[from]
audit audit under under s477 s477 of of the the Companies Companies Act Act 2006; 2006; and and no no notice notice has has been been deposited deposited under under s476. s476.
Ihe The directors[directors] acknowle:ige[acknowledge] their[their] responsibilities responsibilities[for ensuring] for ensuring that[that] the[the] company convany keeps[keeps] accounting accounting records records whioh which comply comply with s386 with s386 and and preparing preparing accounts accounts which which give give a a true true and and[fair] fair view view of of the the staæ staie of of affairs afläiß of of the the company company as as at at the the end end of of[the] the financial[financial][ year,] year, and[and][of] of its its profit profit or or loss loss[for ] for the the financial financial year year in in accordance accordance with with the the requirements requirements Ofsections ofsections 394 394 and and 395 395 and and which which otherwise otherwisecomply comply with with the the requirenents requirements ofthe ofthe Companies Companies Act Act 2006 2006 relating relating to to accounts, accounts, so so fir far as as applicable applicable to to the the company. conVany.
These These accounts accounts have have been been prepared prepared[in] in accordance accordance with with the the provisions provisions applicable applicable to to
companies companies subject subject[to] t»[small] small companies' companies' regime. regime. The The financial financial statements statements on on pages pages
5 5 to to 6 6 were were approved approved by by the the board board and and signed signed on on their their txhalfby: behalf by:
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Date: Date: 27 27 December December 2024 2024
ILAYS ILAYS
Notes Notes to to[the] the Accounts Accounts
For For the[the] year year ended ended[29] 29 February February 2024 2024
- I l Basis Basis of of accounting accounting
The The financial financial statements statements have have been been prepared prepared under under[the] the historical historical cost cost convention,[convention,]
and and have have been been prepared prepared in in accordance accordance with with Statement Statement of of Recommended Recommended Practice Practice
(SORP (SORP[2015),] 2015), "Accounting "Accounting[and] and[Reporting] Reporting[by] by Charities" Charities" and[and] applicable[applicable][accounting] accounting standards. standards.
-
2 2 Accounting Accounting[Policies] Policies A A summary summary of of the[the][principal] principal accounting accounting[policies,] policies,[all] all of of which[which] have have been[been] applied[applied] conconsistently sistently throughout throughout the the year year is is set set out out below. below.
-
2.1 2.1. Income Income and and expenditure expenditure All All[income] income[and] and[expenditure] expenditure[is] is[accounted] accounted[for] for on on[accrual] accrual[basis.] basis.
2.2 2.2. Fund Fund Accounting Accounting General General funds funds are are available available for for use use at at the the discretion discretion of of the the trustees trustees[in] in[furtherance] furtherance of of the the general general objectives objectives of of the the charity. charity.
Restricted Restricted funds funds are are funds funds subject subject to to specific specific restrictive restrictive conditions conditions imposed imposed by by
donors. donors.
- 2.2 2.2. Tangible Tangible Fixed Fixed assets assets and and Depreciation Depreciation
Tangible Tangible fixed fixed assets assets are are stated stated at at cost. cost.
Provision Provision for for depreciation depreciation of of fixed fixed assets assets held held for for use use by by the the charity charity is is
made made at at an an annual annual rate rate of of 25% 25% on on straight straight line line basis. basis.
2.3 2.3 Status Status The The charity charity[is] is a a company company limited limited by by guarantee. guarantee. The The members members are are the the trustees trustees named named on on page page l. |. The The liability liability in[in] respect respect of of the the guarantee, guarantee, as as set set out out in[in] the the Memorandum, Memorandum,[is] is[limited] limited[to] to[E] £1[I] per per[member] member[of] of the[ the] company. company.
7 $i
ILAYS ILAYS
Notes Notes[to] to[the] the Accounts Accounts
For For[the] the year year ended ended[29] 29 February February 2024 2024
| 3 3 |
Tangible Fixed Assets Tangible Fixed Assets |
||
|---|---|---|---|
| Office Office |
Total Total |
||
| equipment equipment |
|||
| Costs Costs |
t | 5 | |
| At I March 2023 At |
March 2023 | 22,554 22,554 |
|
| Additions during the period Additions during the period |
. | - | |
| At 29 February 2024 At 29 February 2024 |
22,554 22,554 |
22,554 22,554 |
|
| Depreciation Depreciation |
|||
| At I March 2023 At |
March 2023 | 15,575 15,575 |
|
| Charge for the period Charge for the period |
4,195 4,195 |
4,195 4,195 |
|
| At 29 February 2024 At 29 February 2024 |
19,770 19,770 |
19,770 19,770 |
|
| Net Book value Net Book value |
|||
| a | |||
| At 29 February 2024 At 29 February 2024 |
2,784 2,784 |
2,784 2,784 |
|
| At 28 Februaty 2023 At 28 February 2023 |
6,979 6,979 |
6,979 6,979 |
|
| 4 4 |
Debtors and prepayments Debtors and prepayments |
2024 2024 |
2023 2023 |
| £ | £ | ||
| Trust for London Trust for London |
18,000 18,000 |
- | |
| 18,000 18,000 |
- | ||
| 5 5 |
Creditors and accruals Creditors and accruals |
2024 2024 |
2023 2023 |
| £ | £ | ||
| Other creditors Other creditors |
872 872 |
- | |
| 872 872 |
- |
8 8