2022-08-31-accounts - Banooda Aid Foundation

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Banooda Aid Foundation

Annual Report 2021/2022

398-400 Lillie Road London SW6 7PE

Charity Number: 1119903

	Content	Page
1-	BAF administrative information	2
2-	Introduction	3
3-	Chair Report	3
4-	Aims and Objectives	5
5-	The Trustees Responsibilities	6
6-	Current Projects	7
7-	Summary Income	8
8-	Statement of Financial	9
9-	Balance Sheet	10
10-	Accounting Policies	11
11-	Tangible Fixed Assets	12
12-	Creditors	12
13-	Transactions with trustees	13
14-	Independent Examiners Report	14

1. BAF administrative information:

Charity Name: Banooda Aid Foundation Charity Registration No: 1119903 Registered Office 398-400 Lillie Road London SW6 7PE Operational Address: 78 White City Close London W12 7DZ Telephone number: 07985756428 Email address: banoodaaid@yahoo.co.uk Web: banooda.org Trustees: Mr Abdirahaman Ibrahim Chairman Mr Yaqub Sharif Ishaq vice Chair Mrs Fartun Ali Sheikh Secretary Mr Nuur Ahmed Treasurer Mrs Halima Hassan Adan Women Group Accountants: Veritas Business Solutions LTD Suit 36 The Vale Business Centre 203-205 The Vale London W3 7QS Account name: BANOODA AID FOUNDATION Account type: COMMUNITY Bankers: HSBC 21 King's Mall, King St, London W6 0QF

1. Introduction:

BAF has been established to address issues of social exclusion and disadvantage we started in August 2006 and have since been expanding our activities and services to community groups. These include refugees or asylum seeker groups who need our support in facing the challenges of living in today's British society. Furthermore, we initiated contacts with organisations in Somalia who will be our partners in development.

Banooda Aid Foundation is run by a Management Committee consisting of 5 people, elected annually from the membership of the Association. Full membership is open to all Somalis who subscribe the aims and objectives of the association. The others who do not fall in this category are associate members. However, one does not necessarily need to be a member of Banooda Aid Foundation in order to be served (i.e. to become client).

2. Chair Report

I am pleased to present the Banooda Aid Foundation’s Annual Accounts Report for the year ended 31[st] August 2022 (2021–2022) to all our members and supporters, during which the Organisation has grown to support a large number of users from diverse communities and has worked in partnership with many organisations that have helped make our work possible

The year 2021/2022 presented challenges for BAF with funding, however BAF managed to keep projects running with the benefit of excellent volunteers and staff. The workers at BAF are commendable and dedicated to providing professional services despite the difficulties faced in securing funding.

The year has also been a very busy, eventful and challenging one at Banooda Aid Foundation. A lot of major and significant developments have taken place. This is evident in the rich variety of work detailed in the following report. It is almost impossible for me to single out one or two sections of BAF’s work because BAF has made a ‘real and significant difference’ to refugee communities within the borough and surrounds areas level, through several open online meetings, fighting knife crime, empowering women supporting elderly and proving services for the local communities, liaison, partnerships, forums, income generation sessions, information, and online training etc. All these activities done mostly online and face to face activities.

Organisation has carried different projects during this year. Our staffs have worked hard to successfully deliver all the projects that we run this year.

I would like to take this opportunity to record our appreciation of the efforts of John Lyon’s Charity, People Health Trust and Donation and Contributions that we have received our members for their continuous support to the BAF since its inception to date. This support has empowered and enabled the BAF to meet the unmet needs of BAFs .

Finally, I would like to thank all BAF’s staff, volunteers, and management committee members. They have all worked very hard to make this year as successful. Most of all, I would like to thank our funders, especially John Lyon’s Charity, People Health Trust and our members.

I would also like to thank Woodlane Community Centre, SOBUS, Hammersmith and Fulham Police, Young Hammersmith and Fulham Foundation, HF Volunteer center, National Resources Center for Supplementary School, London Youth, Masbaro Center, the Hammersmith & Fulham Law Centre, HAFAD and other agencies for their support and good working relationship over the past year.

We will continue to demonstrate our commitment to support the community and we will continue to develop the capacity of the Management Committee and the Organisation to respond to a changing sector and to the differing needs of its wider membership. We are, as always, very grateful for the input, support and expertise of members, staff, volunteers and our funders in helping us to move forward with confidence.

With these words I will take up no more of your time. Let me thank you all very much indeed and compliment BAF upon its achievements. The untiring energy and perseverance of all our staff, committee members, volunteers and supporters have brought us to our present position from which we can look forward to even brighter and successful future.

Chairman Abdirahman Sheikh Ibrahim

3. Aims and Objectives

The organisation was founded with the following objectives: The objects of the charity are to:

Advance, provide or assist in the provision of facilities for the education recreation and Leisure time occupation of the inhabitants of London and in particular persons of East African origin, By associating together with the inhabitants, other youth community groups, voluntary organisations and local authorities, with the object of improving the conditions of life for the said inhabitants.
To advance the sports facilities for young ethnic minorities mainly young people from East African origin and their families
To reduce the level of poverty and social exclusion among Young Somalis and Minority Ethnic Community living in the UK, and Internationally.
To advance the education of Somali youth and families by promoting and developing better relations between Somali parents and pupils and schools teachers.
To provide Educational support and Employment Training for young people and their parents who have multiple barriers e.g. refugees, asylum seekers, low income and disadvantaged and language problems
To educate and assist parents & young persons through their leisure time activities so as to develop, stimulate and improve their interest in, and understanding of, education system.
To promote and develop the dissemination of English based education information and materials into the Somali languages and other languages.
To preserve and safeguard the health of its beneficiaries who are in danger of nutritional and other specific afro centric illness so they may grow to full maturity as individuals and members of society and that their conditions of life may improve.
To reduced and prevent anti-social behaviour for young people and their families by providing workshops and activities
To provide service and support for young refugees and asylum seekers mainly those from Somalia and east Africa Origin.
Promote such other charitable purposes as may from time to time be determined.

4. The Trustees Responsibilities

The law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year.

In preparing those financial statements, the trustees are required to:

Ø Select suitable accounting policies and apply them consistently
Ø Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business
Ø Make judgements and estimates that are reasonable and prudent
Ø The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charity Act 1993.
Ø They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregulates.

Policies:

We have reviewed and updated all our policies

Reserve policy:

The Charity currently operates with minimal reserves. The Trustees are endeavouring to build up its donor base with a view to having reserves equal to 6 months operating expenditure.

Risk(s) review :

The Trustees have recently reviewed the major risks faced by The Charity. This has resulted in efforts to increase Charity’s donor base and increase unrestricted funds to meet running costs of the organisation.

5. Current projects:

v The “Connecting Minds” project has been funded People Health Trust and it was new idea from single parents and their children. Their idea was to use traditional learning (primarily oral community) as tools to integrate with the rest of the society. They believe it would lead to improved mental wellbeing, community relationship and friendship, particularly among their peers in area.
v The “Face the world with confidence” has been funded J ohn Lyon’s Charity it has benefited youths from different minor ethnic backgrounds living in Hammersmith and Fulham. The past year has shown us the growth of these youths in their confidence and wellbeing as they intergraded into society. This grant helped us do this through the many different activities these young people had done to become part of the next generation of our society This activity allowed them their physical and mental health to improve and improved also their teamwork as well as their communication skills

v Supplementary School

The school has been funded by self funded.

The school runs online and face to face every Saturday and is open to children and young people aged between five and sixteen or 19 years old from Somali and other BME communities. The school is very popular with 60 pupils attending per year. The curriculum covers Science, English and Mathematics but also works to develop the confidence and self esteem of the pupils.

Banooda Aid Foundation is a member of the SOBUS Supplementary School Network based in Hammersmith and Fulham which aims to share best practice and learning between organisations and schools and the national resource centre. The school achieved BRONZE quality Mark and the organisation is working towards gaining its Supplementary School quality mark silver.

v Advocacy

An Information and Counselling online Service is provided as usually three days a week Monday to Wednesday at 10.00am to 02.00pm for refugees and asylum seekers. Services provided include information and advice on housing, welfare, education and training opportunities. Most of the users of these services are women. Over 165 people have benefited from the service; however, the demand was far higher than the organisation was able to provide. Our refugees and asylum seekers require this assistance in order to enable them to access services they are legally entitled to and to receive emotional support.

BAnooda Aid Foundation FOR THE YEAR ENDED 31 August 2022 SUMMARY INCOME AND EXPENDITURE ACCOUNT

	2022	2022	2022	2021
	Restricted	Unrestricted
Notes	Funds	Funds	Total	Total
INCOMING RESOURCES	£	£	£	£
Grants:
	13,383		13,383	4,489
Balance forward last financial year
BBC Children in Need				0
Awards for All				0
John Lyon’s Charity	19,800		19,800	19,800
People Health Trust	11,374		11,374	6,826
Donation and BAF Members Contribution		15,807	15,807	9,180
Young Hammersmith and Fulham Foundation	(YHFF)			2,500
	______	______	______	______
Total Income	44,557	15,807	60,364	42,795
	=====	=====	=====	=====
	=====	=====	=====	=====

All of the above results are derived from continuing activities. There were no other gains or losses other than those stated above. Movements in funds are disclosed in note 4 to the financial statements.

Approved by the Management Committee on and signed on its behalf by:

Banooda Aid Foundation

Statement of Financial Activities for Year ended 31 August 2022

Banooda Aid Foundation Statement of Financial Activities for Year ended 31 August 2022	Banooda Aid Foundation Statement of Financial Activities for Year ended 31 August 2022	Banooda Aid Foundation Statement of Financial Activities for Year ended 31 August 2022	Banooda Aid Foundation Statement of Financial Activities for Year ended 31 August 2022	Banooda Aid Foundation Statement of Financial Activities for Year ended 31 August 2022
				2022	2021
		Unrestricted	Restricted	Total	Total

				£	£

Grants and Donations		15,807	31,174	46,981	38,306

Resources expended
Direct expenses
Staff Salary		13,407	16,753	30,160	15,704
Travel and subsistence			600	600	600
		13,407	17,353	30,760	16,304
Premises costs:
	Office and Hall rent		5,000	5,000	4,289
		0	5,000	5,000	4,289
General administrative expenses:
Stationery and printing			200	200	200
Insurances			0	0	450
Swimming			5,840	5,840	0
Admin			902	902	0
Youth Workshops			4,200	4,200	2,100
Football Equipment and coach			4805	4,805	1,645
Refreshment cost			650	650	1,450
Volunteer Expenses			1,600	1,600	1,460
Depreciation			398	398	314
		0	18,595	18,595	7,619
Legal and professional costs:
Accountancy fees		400	-	400	400
Other legal andprofessional			800	800	800
		400	800	1,200	1,200

Total Resources Expended		13,807	41,748	55,555	29,412

Surplus/ (deficit)		2,000	-10,574	-8,574	8,894

Balance brought Forward		36,151	-22,768	13,383	4,489

Balance Carried Forward		38,151	-33,342	4,809	13,383

Banooda Aid Foundation Balance Sheet as at 31 August 2022

Notes Fixed assets Tangible assets 2 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 3 Net Current Assets Net Assets Reserves Income and expenditure current year 4 Total Funds	5,203 (1,988)	2022 £ 1,594 3,215 4,809 4,809 4,809	13,241 (800)	2021 £ 942 12,441

				13,383
				13,383
				13,383

1. Accounting Policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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 (FRS102) (effective 1 January 2015) – (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

1.2 Tangible Fixed Assets

Fixed assets costing £100 or more are capitalized at cost less depreciation. Depreciation is provided at the following rates so as to write off cost over the assets useful life:

Plant and Machinery – 20% Computer equipment – 20% Fixtures & fittings – 10%

1.3 Funds

Unrestricted income funds comprise those funds which the Trustees are free to use in accordance with the charitable objects. Designated funds are funds (if any) set aside by the Trustees out of unrestricted funds for specific future purposes or projects. Restricted income funds are funds that have been granted for particular purposes within the objects of the charity.

1.4 Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under relevant headings.

2. Tangible Fixed Assets

Cost Additions/disposals during the year Balance as at 31 August 2022 Depreciation As at 1 September 2021 Charge for the year As at 31 August 2022 Net book values As at 31 August 2022 As at 31 August 2021	£ 2,198 1,050
	3,248
	1,256 398
	1,654
	1,594
	942

3. Creditors: amounts falling due within one year

Other creditors Professional Fees At 31 August 2022 . Statement of Financial activities At 1 September 2021 Surplus for the year At 31 August 2022 . Grants and Donations Grants and Donations	2022 £ 1,588 400 1,988 2022 £ 13,383 -8,574 4,809 2022 £ 46,981	2021 £ 0 800 800 2021 £ 4,489 8,894
		13,383
		2021 £ 38,306

4. Statement of Financial activities

5. Grants and Donations

6. Transactions with trustees

All of the above results are derived from continuing activities. There were no other gains or losses other than those stated above. No transactions other than the refund of out-of-pocket expenses for the trustees of the Charity took place during the year under review

Approved by the Management Committee on and signed on its behalf by:

----- Start of picture text -----
Abdirahman Sheikh Ibrahim Nuur Ahmed
Chairperson Treasurer
Signature:
Signature:
On 25 [th] June 2023
On 25 [th] June 2023
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INDEPENDENT EXAMINER'S REPEORT FOR THE YEAR ENDED 31 AUGUST 2022

BANOODA AID FOUNDATION

I report on the accounts of the charity for the year ended 31 August 2022, which are set out on page 9 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under the section 145 of the Charities Act;

to follow the procedures laid down in the General Directions given by the Charity Commission

(under section 145(5)(b) of the Charities Act); and to state whether particular matters have come to my attention.

Basic 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 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 the 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 the course of any examination, no matter has come to my attention: (1) Which gives me reasonable cause to believe that, in the any material respect, the requirements:

to keep accounting records in accordance with section 130 of the Charities Act;
to prepare accounts which accord with the accounting records and comply with the accounting requirement of the Charities Act have not been met: or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Mr N Mohamed BA MSc Accountant Date: 26th June 2023 Veritas Business Solutions Limited Suite 36, The Vale Business Centre 203-205 The Vale London,W3 7QS