2025-03-31-accounts - Skills Active Forward

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SKILLS ACTIVE FORWARD (SAF-UK) ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Skills Active Forward (SAF-UK)

Annual report and financial statements
For theyear ended 31st March 2025
	PAGE
Organisation Information	1
Background Information	2-3
Report of the Trustees	4
Statement of directors' responsibilities	5
Report of the independent auditor	6-7
Financial statements:
Statement of comprehensive income	8
Statement of financial position	9
Statement of changes in equity	10
Statement of cash flows	11
Notes to the financial statements	12-24

Skills Active Forward (SAF-UK)

Annual report and financial statements For the year ended 31st March 2025 ORGANISATION INFORMATION

Board of trustees Mohammed Ahmed Noor Chairperson Fardowsa Hayle Abdi Secretary Abdullahi Isse Ali Treasurer Mohammed Abdulkadir Jirde Member Fawsia Ali Mohamoud Member Abdiaziz Mohamed Hashi Executive Director Registered office Headquarters Field Office Field Office Field Office Taleex Village, Hodan Di Farjano village Horumar Village Mogadishu-Somalia Kismayo Town, Galkacyo Town, Tel: 0615535075 Tel: 0616723333 Tel: 0907626673 Auditors M.N Cliff & Associates LLP Certified Public Accountants (K) 3rd Floor,New Wing P.O Box 25593-00100 Nairobi Email: info@mncliffcpa.com Principal bankers Somalia Dahabshil Bank IBS Bank of Somalia Mogadishu Mogadishu Somalia Somalia

Skills Active Forward (SAF-UK)

Annual report and financial statements For the year ended 31st March 2025

INTRODUCTION BACKGROUND INFORMATION

Skills Active Forward (SAF-UK) is a distinguished, women-led non-profit organization registered and operating as a local NGO in Somalia. For over fourteen years, SAF-UK has been at the forefront of humanitarian and development efforts, committed to saving lives, alleviating suffering, and fostering resilience among vulnerable communities across Somalia. Our work is rooted in a holistic approach to community empowerment, with a strong emphasis on health, education, economic inclusion, and peacebuilding. We strive to create sustainable change through locally driven solutions and strategic partnerships.

Skills Active Forward (SAF-UK) was initially established with a broad operational footprint spanning the United Kingdom, Kenya, Somalia, and other countries within the Horn of Africa. Over time, our focus has evolved to prioritize localized impact and community-driven development.

Today, SAF-UK operates exclusively within Somalia, where we serve as a grassroots organization deeply embedded in the communities we support. This strategic shift enables us to concentrate our resources, strengthen local partnerships, and deliver more responsive, sustainable solutions tailored to the unique needs of Somali populations.

Vision Statement

SAF-UK envisions a future free from poverty, where sustainable development empowers communities to thrive. Over the next decade, we aim to be a transformative force across the Horn of Africa and among the Somali Diaspora in Europe—ensuring that every voice is heard, every right upheld, and every need addressed.

Mission Statement

Skills Active Forward (SAF-UK) is a respected local humanitarian organization committed to protecting the rights and dignity of vulnerable communities through grassroots mobilization and inclusive participation. We focus on empowering youth, children, and women by delivering advocacy, essential social services, and practical tools that enhance livelihoods and promote long-term resilience.

As a non-political, non-religious nonprofit, our mission is to deliver life-saving emergency relief, rehabilitation, and sustainable development assistance across Somalia and the Horn of Africa. We are driven by a deep commitment to reducing human suffering and fostering hope through:

♦ Prioritizing the most vulnerable, with a special focus on marginalized populations.
♦ Designing and implementing holistic programs that bridge immediate humanitarian needs wit long-term development goals.
♦ Building local capacity and leveraging community resources to drive sustainable change.
♦ Promoting self-reliance, peaceful coexistence, and the reintegration of displaced an marginalized groups.
♦ Protecting individuals from physical harm and psychological trauma.
♦Maintaining the highest standards of professionalism, transparency, and accountability in all ou operations—ensuring trust with both beneficiaries and donors

Skills Active Forward (SAF-UK)

Annual report and financial statements For the year ended 31st March 2025

Background cont'

(iii)To create and promote opportunities equally for men and women for sustainable, decent employment and productivity.

(iv)To advance education by providing and assisting in the provision of training, career guidance and facilities which would not be otherwise available.

(v)To develop the capacity and skills of the members of socially and economically disadvantaged communities (including government members, local NGO’s, health professionals, farmers, environmental-groups and private-sectors) in such a way that they are better able to identify and help meet their needs and to participate more fully in society.

(vi) To improve the livelihood of disadvantaged people through eradicating poverty and hunger and achieving sustainable development in all aspects of human life improvement.

(vii)To provide health care arrangements that will combat Africa’s most lethal ailments including HIV/AIDS and Malaria by working with healthcare providers and Global Fund in organizing practical long term solutions.

(viii)To formulate the international policies and programmes to promote basic human rights, improve working and living conditions and to enhance employment opportunities.

(ix) To provide equal protection and humanitarian assistance to all IDPs.

Areas of intervention

SAF-UK intervenes in the following areas;

Climate Change and Environment
Emergency relief and preparedness
Food security and livelihood support
Water and Sanitation Programmes
Health and Nutrition
Education
Youth Development
Peace Building and good governance

Skills Active Forward (SAF-UK)

Report of the trustees

For the year ended 31st March 2025

The Trustees submit their report together with the audited financial statements for the year then ended 31st March 2025, which disclose the state of affairs of the organisation

Registration

Skills Active Forward (SAF-UK) is registered as a Non-Governmental Organization in Somalia.

Principal activities

The Organisation intervenes in the following sectors; Climate Change and Environment Food Security, Social Services (education, health and Nutrition, WASH, Livestock), income generation, rehabilitation of public infrastructure, good governance, peace and human rights, rehabilitation and emergency responses.

Results

The results for the year are shown in page 6

Trustees

The trustees who held office during the period and to the date of this report are set out on page 1.

By order of the Board of Trustees fi pog —_

………………………

Chairman

Skills Active Forward (SAF-UK) Statement of trustees' responsibilities For the year ended 31st March 2025

The Board of trustees are required to prepare financial statements for each financial year that 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 that year. It also requires the directors to ensure that the organisation maintains proper accounting records that disclose, with reasonable accuracy, the financial position of the company. The directors are also responsible for safeguarding the assets of the organisation.

The trustees accept responsibility for the preparation and fair presentation of these financial statements, which are free from material misstatement whether due to fraud or error, that have been prepared in accordance with International Financial Reporting Standards . They also accept responsibility for:

i) designing, implementing and maintaining internal controls relevant to the preparation and fair presentation of the financial statements;
ii) selecting and applying appropriate accounting policies; and
making accounting estimates and judgements that are reasonable in the circumstances.
iii)

The trustees are of the opinion that the financial statements give a true and fair view of the state of the financial affairs of the organisation as at 31st March 2025 and of its Deficit and cash flows for the period then ended.

Nothing has come to the attention of the trustees to indicate that the organisation will not remain a going concern for at least the next twelve months from the date of this statement.

Approved by the board of trustees on …29.09.2025.. and signed on its behalf by:

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Date ………29.09.2025. Date ………29.09.2025.

Report of the Independent Auditor

To the Board of Trustees of: Skills Active Forward (SAF-UK)

Opinion

We have audited the financial statements of Skill Active Forward (SAF-UK)set out on pages 8 to 24 which comprise the statement of financial position as at 31 March 2025, and the statement of income and expenditure, statements of fund balances and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory notes.

In our opinion, the accompanying financial statements give a true and fair view of the state of financial affairs of Skills Active Forward (SAF-UK) as at 31 March 2025 and of its surplus and cash flows for the period then ended in accordance with International Financial Reporting Standards (IFRS) for not-for-profit entities (NPOs).

Basis of Opinion

We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the organisation in accordance with the International Ethics Standards Board for Accountants' Code of Ethics for Professional Accountants (IESBA Code) together with the ethical requirements that are relevant to our audit of the financial statements in Kenya, and we have fulfilled our ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other information

The management is responsible for the other information. Other information comprises the information included in the Annual Report, but does not include the financial statements and our auditor's report thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or other wise appears to be materially misstated of this other information: we are required to report that fact. We have nothing to report in this regard.

Board of Trustees responsibility for the financial statements

The organisation’s management is responsible for the preparation and fair presentation of these financial statements in accordance with International Financial Reporting Standards and the respective regulatory requirements. The responsibility includes: designing, implementing, and maintaining internal controls relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

Report of the Independent Auditor

To the Board of Trustees of: Skills Active Forward (SAF-UK)

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the organisation's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the board.
Conclude on the appropriateness of the board's use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the organisation's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the organisation to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.

The engagement partner responsible for the audit resulting in this independent auditor's report is CPA Wycliffe N. Michoki. Practicing certificate no. 1999.

M.N Cliff & Associates LLP Certified Public Accountants P.O Box 25593-00100 3rd Floor, Waumini House Westlands, Nairobi

……29th Sep 2025....

Skills Active Forward (SAF-UK)

Financial Statements

For the year ended 31st March 2025

STATEMENT OF COMPREHENSIVE INCOME

Note Income 2 Expenditure 3 Surlus / (deficit)	2025 2024 US$ US$ 144,355 242,023 (144,355) (242,023) - -

Surplus / (deficit)

Skills Active Forward (SAF-UK)

Financial Statements

Financial Statements
For theyear ended 31st March 2025
STATEMENT OF FINANCIAL POSITION
		2025	2024
ASSETS	Note	US$	US$
Non-current assets
Property, plant and equipment	4	4,016	5,046
		4,016	5,046
Current assets
Accounts Receivable	6	-	-
Cash and bank balances	5	1,844	3,290
		1,844	3,290
Total assets		5,863	8,338
FUND BALANCES
Capital Fund account		2,485	3,514
General fund account		3,378	4,824
		5,863	8,338
Current liabilities
Accounts payables	7	-	-
		-	-
Total fund balances and liabilities		5,863	8,338

The financial statements on pages 8 to 24 were approved for issue by the Board of Trustees on …29.09.2025...... and were signed on its behalf by:

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Skills Active Forward (SAF-UK)

Financial Statements

For the year ended 31st March 2025 STATEMENT OF CHANGES IN FUND BALANCE

Year ended 31st March 2024 Opening Balance Prior year adjustment Amortasation Surplus / deficit for the year At 31st March 2024 Year ended 31st March 2025 Opening balance Prior year adjustment Amortisation Surplus / deficit for the year At 31st March 2025	Capital Fund US$ 4,904 - (1,390) - 3,514 3,514 - (1,029) - 2,485	General Fund US$ 2,996 1,828 - - 4,824 4,824 (1,446) - - 3,378	Total US$ 7,900 1,828 (1,390) -
			8,338
			8,338 (1,446) (1,029) -
			5,863

Skills Active Forward (SAF-UK)

Financial Statements

Financial Statements
For theyear ended 31st March 2025
STATEMENT OF CASH FLOWS 2025 Note US$ Cash flows from operating activities - Prior year adjustment (1,446) Surplus / (deficit) before working capital changes (1,446) Decrease / (increase) in: Trade and other receivables - Trade and other payables - Cash (used in) / generated from operations (1,446) Net cash (used in) / generated from operating activities (1,446) Cash flows from investing activities Purchase of property, plant and equipment 4 - Net cash (used in) investing activities - Cash flows from financing activities Deferred Income - Trustees Account - Net cash generated from / (used in ) financing activities - Net (decrease) / increase in cash and cash equivalents (1,446) Cash and cash equivalents at 1st April 2024 3,290 Cash and cash equivalents at 31st March 2025 5 1,844	2024 US$ - 2,209 2,209 2,406 (2,280)
	2,335
	2,335
	(1,271)
	(1,271)
	- -
	-
	1,064 2,226
	3,290

Skills Active Forward (SAF-UK)

Financial Statements For the year ended 31st March 2025 NOTES

1. Accounting policies

The principal accounting policies adopted in the preparation of these financial statements are set out below:

a) Basis of preparation

The financial statements are prepared in compliance with International Financial Reporting Standards (IFRS) for not-for profit entities under the historical cost basis of accounting. The presentation currency used in the preparation of the financial statements is the United States Dollars (USD).

The measurement basis used is the historical cost basis except where otherwise stated in the accounting policies below.

b) Revenue recognition

Revenue is recognized to the extent that it is probable that the economic benefit will flow to the organization and revenue can be reliably measured. The following specific recognition criteria must be met before revenue is recognized.

Income / funding comprises grants from various donors, interest received from bank deposits and other income. Revenue grants are recognized as income in the period it is expended.

c) Property, plant and equipment

All categories of property, plant and equipment are initially recognized at cost and subsequently carried at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditure directly attributable to the acquisition of the assets.

Subsequent costs are included in the asset's carrying value only when it is probable that future economic benefits associated with the item will flow to the company and the cost of the item can be measured reliably. Repairs and maintenance is charged to the profit and loss account in the year to which it relates.

Depreciation is calculated using the reducing balance method to write down the cost or the revalued amount of each asset to its residual value over its estimated useful life using the following annual rates:

Rate - %

Computers, copiers & faxes	30
Moto vehicles	25
Furniture & fittings	12.5
Equipments	12.5

The assets' residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.

Skills Active Forward (SAF-UK)

Financial Statements For the year ended 31st March 2025

NOTES

1. Accounting policies (continued)

c) Property, plant and equipment (continued)

Property, plant and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset's fair value less costs to sell and value in use.

Gains and losses on disposal of property, plant and equipment are determined by reference to their carrying amount and are taken into account in determining the surplus or deficit for the year.

d) Cash and cash equivalents

For the purposes of cash flow statement, cash and cash equivalents comprise cash in hand and bank balances.

e) Payables

Payables are recorded at the undiscounted mount of cash and cash equivalent expected to be paid or the fair value of the consideration received in exchange of the obligation. Trade and other payables are started at their nominal value.

f) Currency

The Financial Statements are presented in United States Dollars

Skills Active Forward (SAF-UK)

Financial Statements For the year ended 31st March 2025

NOTES

2. Income Grants received Members Contribution-Administration Amortisation of capital grant Less:Capital Grant 3. EXPENDITURE UNICEF Project Administration Expenses UNICEF Project	2025 US$ 139,519 4,837 1,029 (1,029) 144,355 2025 US$ 139,519 4,837 144,355	2024 US$ 236,481 5,542 1,390
		(1,390)
		242,023
		2024 US$ 236,481 5,542
		242,023

Skills Active Forward (SAF-UK)

Financial Statements For the year ended 31st March 2025

NOTES

4 Property, plant and equipment

Motor Vehicle US$ Year ended 31st March 2024 As at 1st April 2023 12,462 Acquisitions - Closing carrying value 12,462 At 31st March 2024 Accumulated Depreciation 9,505 Depreciation 739 Accumulated Depreciation 10,244 Carrying Value 2,218 Year ended 31st March 2025 As at 1st April 2024 12,462 Addition - Closing carrying value 12,462 At 31st March 2025 As at 1st April 2024 10,244 Depreciation 554 Accumulated depreciation 10,799 Carrying Value 1,663	Motor Vehicle US$ Year ended 31st March 2024 As at 1st April 2023 12,462 Acquisitions - Closing carrying value 12,462 At 31st March 2024 Accumulated Depreciation 9,505 Depreciation 739 Accumulated Depreciation 10,244 Carrying Value 2,218 Year ended 31st March 2025 As at 1st April 2024 12,462 Addition - Closing carrying value 12,462 At 31st March 2025 As at 1st April 2024 10,244 Depreciation 554 Accumulated depreciation 10,799 Carrying Value 1,663	Computers copiers & faxes US$ 8,770 - 8,770 6,963 542 7,505 1,265 8,770 - 8,770 7,505 380 7,885 886	Furniture & fittings US$ 2,012 - 2,012 1,140 109 1,249 763 2,012 - 2,012 1,249 95 1,344 668	Software US$ 1,400 - 1,400 600 - 600 800 1,400 - 1,400 600 - 600 800	Total US$ 24,644 -
					24,644
					18,208 1,390
					19,598
					5,046
					24,644 -
	12,462				24,644
	10,244 554				19,598 1,029
	10,799				20,628
	1,663				4,016

Skills Active Forward (SAF-UK)

Financial Statements For the year ended 31st March 2025 NOTES

5 Cash and bank balances

For the purpose of the cash flow statement, cash and cash equivalents comprise the following:

Cash at bank and in hand 6 Accounts Receivable Accounts receivable 7 Accounts Payable Deferred Income Account payable Accruals 8 Directors Account Directors Loan	2025 US$ 1,844 1,844 - - - - - - -	2024 US$ 3,290
		3,290
		-
		-
		- -
		-
		-
		-

Skills Active Forward (SAF-UK)

Financial Statements

For the year ended 31st March 2025

9 CONSOLIDATED UNICEF FUND STATEMENT

CONSOLIDATED UNICEF FUND STATEMENT
Notes INCOME SOM/PCA/2021282/PD2022526 9.2 EXPENSES SOM/PCA/2021282/PD2022526 9.2 Total expenditure Surplus / (deficit) Balance brought forward Accumulated Fund Balance	Donor Own Contribution US$ US$ 139,519 - 139,519 - 139,519 - 139,519 - - - - - - - 2025
		-
		-
		-
		-
		-
		-

Skills Active Forward (SAF-UK) International Financial Statements For the year ended 31st March 2025

NOTES

9.2 SOM/PCA/2021282/PD2022526

Project Title

Support scale -up of preventive and curative nutrition services for childrens and women in Galkayo and Hbyo districts of Galmudug state(Intergrated Emergency health and nutrition activities in South Galkayo and Hobyo District)

				Actual	Actual
				UNICEF	SAF UK
			Budget	Contribution	Contribution	Variance
			US$	US$	US$	US$
	Income		139,519	139,519	-	-
			139,519	139,519	-	-
	EXPENDITURE
	Direct staff salary	9.2.1	95,493	95,493	-	-
	Car rent		16,200	16,200	-	-
	Child health activites		25,426	25,426
	Incountry operation cost		2,400	2,400	-	-
	Total Expenditure		139,519	139,519	-	-
	Surplus		-	-	-	-
	Direct staff salary
9.2.1	1.1.1 IYCF Counsellors		8,400	8,400	-	-
	1.1.2 Community Health Worker		20,720	20,720	-	-
	1.1.5 Cooking demonstration		700	700
	1.1.6 Child friendly OTPs		200	200
	2.1.1 OTP Nurses		16,640	16,640	-	-
	2.1.2 Screener		19,136	19,136	-	-
	2.1.3 Registrar		9,568	9,568	-	-
	2.1.4 Fixed site cleaner		3,024	3,024	-	-
	2.1.5 Security Guard		2,520	2,520	-	-
	2.1.6 Nutrition Data Officer		9,714	9,714	-	-
			90,622	90,622	-	-
9.2.2	Incountry management
	3.1.3 Head of Finance		2,400	2,400	-	-
	3.1.5 Health and Nutrition manager		1,080	1,080	-	-
	3.1.6 National Logistic coordinator		317	317	-	-
	3.1.9 Logistic assistant		324	324	-	-
	3.1.10 finance assistance		750	750	-	-
			4,871	4,871	-	-

Skills Active Forward (SAF-UK) International Financial Statements For the year ended 31st March 2025

12 Nairobi Based Support Costs

Nairobi Based Support Costs
Note EXPENDITURE Office Rent Office Internet Stationeries Softwares update Utilities	2025 US$ 3,462 323 100 731 222
	4,837