BRISTOL SOMALI RESOURCE CENTRE
FINANCIAL STATEMENTS
YEAR ENDED 31[st] MARCH 2021
Company Registration Number 06771265 Charity Number 1128721
BRISTOL SOMALI RESOURCE CENTRE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
| CONTENTS | PAGE |
|---|---|
| Reference and administration details of the charity and its | |
| advisors | 2 |
| Trustees annual report | 3 to 6 |
| Independent Examiners Report | 7 |
| Statement of financial activities (including income and | |
| expenditure account) | 8 |
| Balance sheet | 9 |
| Notes to the financial statements | 10 to 17 |
BRISTOL SOMALI RESOURCE CENTRE
Reference and administration details of the charity and its advisors
YEAR ENDED 31 MARCH 2021
Status
Bristol Somali Resource Centre is a company limited by guarantee (06771265) incorporated on 12th December 2008 and granted charitable status by the Charity Commission on 20th March 2009 under number 1128721
Directors and Trustees
The Board of Directors, who are Trustees for the purpose of charity law, who served during the year and up to the date of this report are collectively referred to as the trustees.
Trustees
| Saed Ali | Chair | resigned April 2021 |
|---|---|---|
| Samira Muse | Chair | |
| Abdi Osman Mohamed Treasurer | ||
| Sado Jirde | Member | resigned April 2021 |
| Madge Dresser | Member | |
| Kuba Jablonowski | Member | |
| Dr Henrietta Wilkinson | ||
| Fatia Gure | appointed March 2021 |
Registered Office
43 Ducie Road Barton Hill Bristol BS5 0AX
Independent Examiner
Joanne Trowbridge MAAT Bristol Community Accountants CIC, The Park, Daventry Road, Knowle, Bristol, BS4 1DQ
Bankers
Lloyds TSB PO Box 1000 Rushden BX1 1LT
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BRISTOL SOMALI RESOURCE CENTRE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2021
The Trustees present their report and the unaudited financial statements of the charity for the year ended 31[st] March 2021.
Reference and administrative information set out on page 2 forms part of this report. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS 102).
Structure, Governance and Management
The number of association directors, not including persons co-opted in accordance with article 20 shall not be more than nine or less than three. Directors of Association are elected for a two year term after which they are eligible to stand for re-election.
Public Benefit
In shaping the objectives for the year and planning activities, the trustees have considered the Charity commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
Objectives and activities
Objects of the Charity:
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1) The promotion of equality and diversity for the public benefit in particular within the city of Bristol by:
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(a) the elimination of discrimination on the grounds of race, gender, disability, sexual orientation or religion;
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(b) advancing education and raising awareness in equality and diversity;
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(c) promoting activities to foster understanding between people from diverse backgrounds, in particular including those of Somali origin or heritage;
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(d) conducting or commissioning research on equality and diversity issues and publishing the results to the public;
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(e) cultivating a sentiment in favour of equality and diversity.
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(2) To develop the capacity and skills of the members of the socially and economically disadvantaged community, in particular but not limited to people Somali of origin or heritage living and/or working within the city of Bristol, in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
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(3) The promotion of racial harmony for the public benefit by:
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(a) promoting knowledge and mutual understanding between different racial groups;
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(b) advancing education and raising awareness about different racial groups to promote good relations between persons of different racial groups, and in particular including those of Somali origin or heritage
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(c) working towards the elimination of discrimination on the grounds of race.
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BRISTOL SOMALI RESOURCE CENTRE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2021
- (4) Any other charitable purpose agreed by special resolution under the Articles of the Company, and notified to, and accepted by the Charity Commission as charitable.
Vision
To create a strong and vibrant Somali community that is fully integrated into British society as active, social and economic participant.
Summary of main objectives in relation to the above objects
The Bristol Somali Resource Centre (BSRC) provides free and impartial information, advice and guidance on range of issues including welfare, housing, schools and employment. BSRC also organises training activities and workshops to enhance employment opportunities, social interaction and to help reduce isolation. We work with the most disadvantaged people in Bristol, resolving many problems and challenges that they face. We are committed to improving the lives of most vulnerable people in the community who are facing barriers such cultural and language barriers.
Summary of the main achievements of the charity during the year
This year was a strange and challenging year for all of us. Our normal way of service delivery has been disrupted by challenges presented by Covid-19. As a result, we had to adapt our services and respond to those challenges. We realised that the challenges are immense, and the community has been hit hard and disproportionately affected by Covid-19. Therefore, we mobilised the community resources and set up a Covid-19 task force to support those who were self-isolating, lost loved ones or lost their livelihood. We helped people affected by lockdown with advice, guidance, information and translated information about the Covid-19 into community languages. We raised awareness about Covid-19, translated government Covid-19 guidelines and promoted vaccine uptake.
We continued to support Somali individuals and families across the City of Bristol, including those most affected by the COVID pandemic. As COVID highlighted, many families face multiple deprivations which have the potential to impact on their life chances over generations, generating cycles of digital exclusion (IT skills and equipment), food poverty, inadequate housing, and precarious employment.
We have been giving support and advice around employment, housing, mental health support, education, relocation and benefits, among many other areas. Our fantastic staff team has continued to perform miracles in the face of very limited time and resources and overwhelming demand for support.
Whilst providing ongoing free advice and support services, BSRC also learnt that there is existing food poverty among the community we serve, where many families and individuals struggle to afford adequate food. The reason is that majority of service users were on zero-hour contract and were not entitled to the furlough payments scheme. Also, many of them were self-employed or work in precarious jobs, which made them prone to catch the virus (Covid-19) and thus led them into selfisolation if not hospitalisation. Therefore, they could easily face loss of income within a short period
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BRISTOL SOMALI RESOURCE CENTRE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2021
of time, which led them to struggle to put food on the table. To tackle this apparent food shortage, BSRC maximised its capacity to reach the most vulnerable people in the City. On a weekly basis, food boxes have been distributed to most disadvantaged people whom Covid19 and the subsequent lockdowns exacerbated their predicaments.
Since 1st lockdown, BSRC learnt through food delivery visits that digital poverty is also part of the problem in which most of our service users have. To respond to this, BSRC contacted digital trusts, foundations, private companies, and individuals for assistance on this. We secured refurbished laptops, PCs and brand-new tablets. Since April 2020, devices distribution has been underway, hundreds of families have been connected to the net for educational and societal purposes.
Similarly, BSRC spotted another group of people who had an extreme digital exclusion. Older adults encountered reduced social interaction during the lockdown. The use of Personal computers would help them maintain their social ties, which also improves their psychological wellbeing. A selfisolated elderly who lost his social contacts had after been reconnected lamented, “had I knew this would be accessible, I would have called BSRC in April (1st lockdown)”. In addition, parents who had school-age children benefitted from digital devices to track their children’s educational progress.
Coronavirus pandemic and lockdowns have severely affected the overall wellbeing of many people in our local communities, including those who use BSRC services. Some people we work with had previous experience of mental health problems, and some have developed emotional distress as the result of the Covid-19 effects. The majority of our service users approach us seeking support with multiple problems they face, including housing-related problems, unemployment, debt, benefits issues and so on. These create a significant degree of anxieties, worries and low mood, which negatively impact their general wellbeing and quality of life.
Therefore, we (BSRC) provided 1 to 1 support over the telephone and face to face (where the person would benefit more on the f2f and it is safe to do so by strictly following covid-19 guidelines). We also provided group mental health awareness events via Zoom.
On the funding front, we thank all those who have supported us across the year, through funding and in-kind, including Bristol City Council, Quartet Community Foundation, BSWN, Lloyds Foundation and many more.
Samira Musse
Chair of Board of Trustees
Reserves policy and risk management
The trustees are working towards building reserves which will ensure it has sufficient funds to cover salaries and running costs. At present the unrestricted reserves stand at £106,926.
The trustees have examined the major risks to which the charity is exposed and systems have been established to mitigate those risks. These procedures will be periodically reviewed to ensure that they still meet the needs of the charity.
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BRISTOL SOMALI RESOURCE CENTRE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2021
Trustees’ responsibilities in relation to the financial statements
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
The trustees are required to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the statutory responsibility of the Independent Examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
The company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare they have approved the trustees’ report (including directors’ report) above.
Approved by the trustees and signed on their behalf by:
……………………………………………. Date ………………………………………2021
Samira Musse
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BRISTOL SOMALI RESOURCE CENTRE
INDEPENDENT EXAMINERS REPORT
YEAR ENDED 31 MARCH 2021
I report on the accounts of the charitable company for the year ended 31 March 2021 which are set out on pages 8 - 17.
Respective responsibilities of Trustees and Independent Examiner
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner’s statement
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Accounting Technicians, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached
Joanne Trowbridge MAAT BCA, The Park, Daventry Road Knowle, Bristol, BS4 1DQ
……………………………………….
Date………………………….
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BRISTOL SOMALI RESOURCE CENTRE
STATEMENT OF FINANCIAL ACTIVITIES (Including Income and Expenditure Account)
YEAR ENDED 31 MARCH 2021
| Note Incoming and Endowments from: Donations and Legacies 3 Charitable Activities 4 Investments 5 Total Expenditure On: Charitable activities 6 Other 7 Total Net income/(expenditure) Transfers between funds Net movement in funds Reconciliation of Funds: Total funds brought forward Total funds Carried Forward 17 |
Unrestricted Funds £ 55,458 - 205 |
Restricted Funds £ 229,847 - - |
Total Funds 2021 £ 285,305 - 205 |
Total Funds 2020 £ 90,154 1,300 303 |
|---|---|---|---|---|
| 55,663 | 229,847 | 285,510 | 91,757 | |
| 3,276 1,077 |
133,677 - |
136,953 1,077 |
68,411 1,053 |
|
| 4,353 | 133,677 | 138,030 | 69,464 | |
| 51,310 1,880 53,190 56,375 |
96,170 (1,880) 94,290 2,933 |
147,480 - 147,480 59,308 |
22,293 - 22,293 37,015 |
|
| 109,565 | 97,223 | 206,788 | 59,308 |
All of the activities of the charity are classed as continuing
The notes on pages 10 to 17 form part of these financial statements
As required by paragraph 4.67 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
*Details of the allocation of 2020 total funds between unrestricted and restricted are shown in note 18
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BRISTOL SOMALI RESOURCE CENTRE
BALANCE SHEET
YEAR ENDED 31 MARCH 2021
| Note Fixed assets Tangible fixed assets 16 Current assets Debtors 14 Cash at bank and in hand Total current assets Creditors : Amounts falling due within one year 15 Net Current assets or liabilities Total net assets or liabilities The Funds of the Charity Restricted funds 17 Unrestricted funds 17 Total charity funds |
267 208,893 |
2021 £ 2,639 204,149 |
2020 £ - - 63,660 |
|---|---|---|---|
| 209,160 (5,011) |
63,660 (4,352) |
||
| 97,223 109,565 |
|||
| 59,308 | |||
| 206,788 | 59,308 | ||
| 2,933 56,375 |
|||
| 206,788 | 59,308 |
The directors are satisfied that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies' regime and in accordance with FRS102 SORP.
These financial statements were approved by the trustees on ………………. and are signed on their behalf by:
……………………………….
Samira Muse - Director
The notes on pages 10 to 17 form part of these financial statements
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
1 Basis of Preparation
- a) These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
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 (FRS 102),(effective 1 January 2019) - Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
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c) The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
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d) The charity meets the definition of a public benefit entity as defined by FRS 102.
2 Accounting Policies
- a) Income from donations is included in income when these are receivable, except as follows:
i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods.
ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-condition have been met.
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b) Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAT which cannot be recovered.
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c) Most expenditure is directly attributable to specific activities, and have been included in those cost categories. Support cost have been allocated 100% towards the charitable activities of the charity.
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d) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
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e) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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f) Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
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Computer equipment - 33.3% straight line - not charged in year of purchase
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g) The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.
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h) The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. Pension costs charged in the financial statements represent the contribution payable by the charitable company during the year.
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
Income and Endowments From:
3 Donations and Legacies
| Grants Miscellaneous Income Donations and Legacies prior year Grants Miscellaneous Income 4 Charitable Activities Events Room Hire |
Unrestricted Funds £ 54,243 1,215 |
Restricted Funds £ 229,847 - |
Total Funds 2021 £ 284,090 1,215 |
Total Funds 2020 £ 89,874 280 |
|---|---|---|---|---|
| 55,458 | 229,847 | 285,305 | 90,154 | |
| Unrestricted Funds £ 82,374 280 |
Restricted Funds £ 7,500 - |
Total Funds 2020 £ 89,874 280 |
Total Funds 2020 £ 1,200 100 |
|
| 82,654 | 7,500 | 90,154 | ||
| Unrestricted Funds £ - - |
Restricted Funds £ - - |
Total Funds 2021 £ - - |
||
| - | - | - | 1,300 |
Charitable Activities prior year - all unrestricted
5 Investments
| Investments | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |
| Funds | Funds | 2021 | 2020 | |
| £ | £ | £ | £ | |
| Investment Interest | 205 | - | 205 | 303 |
| 205 | - | 205 | 303 |
Investments prior year - all unrestricted
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
Expenditure on:
6 Charitable activities
| Community Engagement Staffing Costs Volunteer Expenses Elders Consultancy Postage & Stationery Interpreting Training & Publications Rent & Room Hire Travel Website & Computer Printing Misc. Telephone Advertising and Marketing Payroll Services Bank Charges Repairs & Maintenance Refreshments Charitable activities prior year Community Engagement Staffing Costs Elders Postage & Stationery Interpreting Training & Publications Rent & Room Hire Travel Website & Computer Printing Misc. Telephone Payroll Services Bank Charges Repairs & Maintenance Refreshments |
Unrestricted Funds £ - 450 1 - 1,200 2 600 160 731 28 - - 97 - - - - 7 - |
Restricted Funds £ 32,577 82,662 1,449 - - - - - 8,729 - 5,687 367 103 423 842 - - 588 250 |
Total Funds 2021 £ 32,577 83,112 1,450 - 1,200 2 600 160 9,460 28 5,687 367 200 423 842 - - 595 250 |
Total Funds 2020 £ 3,014 48,347 - 800 - 24 450 628 10,738 30 862 280 363 326 - 576 23 713 1,237 |
|---|---|---|---|---|
| 3,276 | 133,677 | 136,953 | 68,411 | |
| Unrestricted Funds £ 2,477 46,847 - 24 - 628 10,738 30 862 30 363 176 576 23 713 357 |
Restricted Funds £ 537 1,500 800 - 450 - - - - 250 - 150 - - - 880 |
Total Funds 2020 £ 3,014 48,347 800 24 450 628 10,738 30 862 280 363 326 576 23 713 1,237 |
||
| 63,844 | 4,567 | 68,411 |
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
7 Other
| Independent Examiners Fee Insurance |
Unrestricted Funds £ 707 370 |
Restricted Funds £ - - |
Total Funds Total Funds 2021 2020 £ £ 707 683 370 370 1,077 1,053 |
|---|---|---|---|
| 1,077 | - |
Other prior year - all unrestricted
8 Net incoming resources for the year
This is stated after charging:
| This is stated after charging: | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Independent examination fees | 707 | 683 |
9 Staff costs and numbers
The aggregate payroll costs were:
| Wages and Salaries Social Security Costs Pension Costs |
2021 2020 £ £ 76,938 45,353 2,768 878 3,406 2,116 83,112 48,347 |
|---|---|
No employee received emoluments of more than £60,000 (2020: £Nil)
The average monthly head count was 3 staff (2020: 2 staff)
10 Key personnel
The key management personnel of the charity comprise the board of trustees & two staff members. The total employee benefits of key management personnel, during the year, total £51,683 (2020: £48,347).
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
11 Trustee remuneration and expenses
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2020: £nil) neither were they reimbursed expenses during the year (2020: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil).
12 Related party transactions
There were no related party transactions in the year (2020: £nil)
13 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14 Debtors
| Prepayments and other debtors Creditors: amounts falling due within one year Trade Creditors Pension Costs HM Revenue & Customs Accruals & Deferred Income: Independent Examination |
2021 £ 267 |
2020 £ - |
|---|---|---|
| 267 | - | |
| 2021 £ 1,200 639 2,465 707 |
2020 £ 769 280 2,620 683 |
|
| 5,011 | 4,352 |
15 Creditors: amounts falling due within one year
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
| 16 Tangible fixed assets Cost Addition in year As at year end Depreciation Charge for the year As at year end Net book value As at year end 17 Analysis of Charitable Funds Restricted funds Oasis Talk Quartet Community Foundation Anti Tribalism Movement Barton Hill Settlement Black South West Network Bristol City Council Dolphin Society Lloyds Bank MIND Nillari Agency Race Equality Foundation SOLON Charity Aid Foundation St Monica Trust Total Restricted Funds Unrestricted funds General Funds Total Unrestricted Funds Total funds |
At 01-Apr 2020 £ 220 2,713 - - - - - - - - - - - - |
Computer Equipment £ 2,639 |
Outgoing resources £ - (7,966) (13,538) - (39,953) (11,000) (6,192) (18,476) (13,386) - (9,566) (2,000) (3,500) (8,100) |
Total £ 2,639 |
At 31-Mar 2021 £ 220 9,747 1,462 7,569 162 35,623 3,808 20,000 - 12,500 432 - - 5,700 |
|---|---|---|---|---|---|
| 2,639 | 2,639 | ||||
| - | - | ||||
| - | - | ||||
| 2,639 | 2,639 | ||||
| Incoming resources £ - 15,000 15,000 7,569 41,995 46,623 10,000 38,476 13,386 12,500 9,998 2,000 3,500 13,800 |
Transfers £ - - - - (1,880) - - - - - - - - - |
||||
| 2,933 | 229,847 | (133,677) | (1,880) | 97,223 | |
| 56,375 | 55,663 | (4,353) | 1,880 | 109,565 | |
| 56,375 | 55,663 | (4,353) | 1,880 | 109,565 | |
| 59,308 | 285,510 | (138,030) | - | 206,788 |
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
Purpose of restricted funds
Oasis Talk Quartet Community Foundation
Anti Tribalism Movement (ATM) Barton Hill Settlement Black South West Network
Bristol City Council
Dolphin Society Lloyds Bank
MIND Nillari Agency Race Equality Foundation
SOLON
Charity Aid Foundation St Monica Trust
Community Elders activities
Money for Barton Hill Activities Club – a group of women who have no bank and asked us to hold money for them
Employ part time support worker to support families in affected by Covid-19 Staff cost for providing support to Boost Finance Project.
Providing support to people affected by covid-19. Providing advice, digital and food and financial support.
Supporting people affected by Covid-19 who are in crisis and people with mental health. Also promoting vaccination uptake
Supporting older people who are affected by Covid-19
Support activities and costs relating to charitable purposes and respond to the needs of the most vulnerable and marginalised people affected by Covid-19 Providing mental health support to people affected Covid-19
Mental health support for people recovering from Covid-19 Supporting older people with dementia or at risk of developing dementia and their families
Supporting people affected by Covid-19 Supporting people affected by Covid-19 Supporting Community elders and providing advice and support.
18 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP
| Incoming and Endowments from: Donations and Legacies Charitable Activities Investments Total Expenditure On: Charitable Activities Other Total Net income/(expenditure) Net movement in funds Total funds brought forward Total funds Carried Forward |
Unrestricted Funds £ 82,654 1,300 303 |
Restricted Funds £ 7,500 - |
Total Funds 2020 £ 90,154 1,300 303 |
|---|---|---|---|
| 84,257 | 7,500 | 91,757 | |
| 63,844 1,053 |
4,567 - |
68,411 1,053 |
|
| 64,897 | 4,567 | 69,464 | |
| 19,360 19,360 37,015 |
2,933 2,933 - |
22,293 22,293 37,015 |
|
| 56,375 | 2,933 | 59,308 |
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BRISTOL SOMALI RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2021
19 Analysis of net assets between funds
| Analysis of net assets between funds | ||
|---|---|---|
| Fixed assets Cash at Bank and In Hand Other Net Current Assets/(Liabilities) Total |
General Funds £ 2,639 111,937 (5,011) |
Restricted Total Funds Funds £ £ - 2,639 97,223 209,160 - (5,011) 97,223 206,788 |
| 109,565 |
20 Company limited by guarantee
The company is limited by guarantee and as such has no issued share capital. In the event of the company being wound up the liability of the members is limited to £1 each.
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