## **BRISTOL SOMALI RESOURCE CENTRE** # **FINANCIAL STATEMENTS** ## **YEAR ENDED 31[st] MARCH 2022** **Company Registration Number 06771265 Charity Number 1128721** **BRISTOL SOMALI RESOURCE CENTRE** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |**CONTENTS**|**PAGE**| |---|---| |Reference and administration details of the charity and its|| |advisors|**2**| |Trustees annual report|**3 to 7**| |Independent Examiners Report|**8**| |Statement of financial activities (including income and|| |expenditure account)|**9**| |Balance sheet|**10**| |Notes to the financial statements|**11 to 18**| ## **BRISTOL SOMALI RESOURCE CENTRE** ## **Reference and administration details of the charity and its advisors** ## **YEAR ENDED 31 MARCH 2022** ## **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** Samira Muse Chair Abdi Osman Mohamed Treasurer Madge Dresser Member resigned December 2021 Kuba Jablonowski Member resigned July 2022 Dr Henrietta Wilkinson Fatia Gure appointed March 2021 Ruth Pickersgill appointed December 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 **- 2 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** The Trustees present their report and the unaudited financial statements of the charity for the year ended 31[st] March 2022. 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:**_ - 1) The promotion of equality and diversity for the public benefit in particular within the city of Bristol by: - (a) the elimination of discrimination on the grounds of race, gender, disability, sexual orientation or religion; - (b) advancing education and raising awareness in equality and diversity; - (c) promoting activities to foster understanding between people from diverse backgrounds, in particular including those of Somali origin or heritage; - (d) conducting or commissioning research on equality and diversity issues and publishing the results to the public; - (e) cultivating a sentiment in favour of equality and diversity. - (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. - (3) The promotion of racial harmony for the public benefit by: - (a) promoting knowledge and mutual understanding between different racial groups; - (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 - (c) working towards the elimination of discrimination on the grounds of race. **- 3 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** - (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** ## Chair’s report I am delighted to present such a positive report about the activities of the Bristol Somali Resource Centre over the year 2021-22. In particular, I want to thank all the staff and volunteers for their commitment and achievements through such a difficult year, as the effects of the pandemic continue to be felt throughout the Somali community and beyond. It is also a great pleasure to note that the organisation goes from strength to strength, attracting repeat and new resources from funders across the city and beyond. This has only been possible because of the exceptional work delivered by the organisation in supporting service users through a raft of different needs and requirements. Our thanks go out to all our funders, with much appreciation for their ongoing support as well as for a new period of four-year funding which will allow us to build on our work to date and develop our organisational sustainability. Huge congratulations to the staff and volunteer team, service users who contributed to the work of the organisation, and I look forward to an equally successful year in 2022-23. Chair of Bristol Somali Resource Centre ## **Summary of the main activities of the charity during the year** This year we supported 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 their life chances over generations, generating cycles of food poverty, inadequate housing, and precarious employment and digital exclusion (IT skills and equipment. The demand for advice information and guidance has increased and pressure on our services has risen as more and more people start to fall behind with their rent and utility bill payments. This has caused homelessness and debt problems. We have given information advice and guidance on debt, benefit, housing, water, employment, utility bills, education, discrimination issues **- 4 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** and consumer issues. We have given information, advice, and guidance to more 1176 people who needed crisis intervention and handholding support. Most people presented multiple issues concerning benefits, debt, employment, consumer issues, and health (both physical and mental) issues. Some of the people faced immediate crises such as evictions, workplace discrimination and the Benefit Cap. We run information sessions to promote vaccination and health issues. ## **Wellbeing and Mental Health support** The Coronavirus pandemic and lockdowns have severely affected the overall wellbeing of many people in our local communities including those who use BSRC’s services. Some people we work with had previous experience of mental health problems and some have developed emotional distress because of Covid-19’s effects. A majority of our service users approached us seeking support with multiple problems they face including housing related problems, unemployment, debt, benefits issues and so on. Others have been referred by another organisation. Many service users are facing a significant degree of anxiety, worries and low mood which negatively impact on their general wellbeing and quality of life. We offered them individual or group support over the telephone and face to face (where the person would benefit more from face-to-face and it was safe to do so, by strictly following covid-19 guidelines). 113 people benefited from our one-to- support. We also provided group mental health awareness events via Zoom and135 people participated. We used evidence-based approaches such as Cognitive Behavioural Therapy (CBT) approaches to enable people to understand their emotional difficulties and learn ways to improve their wellbeing. We also run activities for community elders in a community setting, including a coffee morning, visiting green spaces, and social events to enhance social connections for lonely elders. In addition, we promoted a healthy diet and provided emotional wellbeing and gentle physical exercise. 68 older people benefited and reported improved wellbeing. ## **Employment and Adult Education project** In July 2021, we added to our team a designated employability and adult advisor. From July 2021 to March 2022 our advisor supported 299 people. Of those 53 got paid jobs, 38 progressed to interview stage and 75 received help with CV building, interview techniques and online job searching. We supported 27 young people who need help with accessing high education, 2 of them with UCAS applications to universities, and both were given unconditional offers for undergraduate degrees. We helped 4 service users to apply for PGCE courses and 3 of the 4 were offered places locally. In addition to helping service users find English classes locally, we provided weekly English sessions for a class of women, led by a CELTA-qualified volunteer. 28 people attended and gained confidence in using English language. Our employment advisor also ran weekly advanced English sessions for 10 service users who were preparing for PGCEs. ## **Digital Inclusion** Our digital inclusion project supported more 217 people who were experiencing extreme digital exclusion. Families, isolated older people and college students all benefitted from the digital inclusion project. We gave them refurbished laptops and desktops collected from the businesses and education institutions such as universities. It helped them maintain their social ties, accessing education, skills training and improved their psychological wellbeing. A colleague student who could **- 5 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** not afford to buy community for his homework told us _, ‘The laptop helped me pass my exam as I was able study independently’_ . In addition, parents who had school-age children benefitted from digital devices to track their children’s educational progress. ## **Finance, reserves policy and risk management** The trustees have examined the major financial risks to which the charity is exposed, and systems have been established to mitigate those risks – for example failing to secure adequate funds to cover our running costs in these uncertain times. In line with our legal requirement, the trustees are working towards building unrestricted reserves that can cover salaries and running costs for 6 months should they be needed. At present the unrestricted reserves stand at £114,412 which is close to the figure we need. These procedures will be periodically reviewed to ensure that they still meet the needs of the charity. In 2021-2022, we received multi-year restricted funding (£18,2704) from different funders which we received in the last couple of months of the financial year and carried forward. This prepaid funding is part of our budget for activities that will take place in the financial year 2022-2023. ## **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: - select suitable accounting policies and then apply them consistently; - make judgments and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements, and - 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. **- 6 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **TRUSTEES ANNUAL REPORT** ## **YEAR ENDED 31 MARCH 2022** 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 ………………………………………2022 Samira Musse **- 7 -** **BRISTOL SOMALI RESOURCE CENTRE** ## **INDEPENDENT EXAMINERS REPORT** ## **YEAR ENDED 31 MARCH 2022** I report on the accounts of the charitable company for the year ended 31 March 2022 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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…………………………. **- 8 -** ## **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**
Investments
**4**
**Total**
**Expenditure On:**
Charitable activities
**5**
Other
**6**
**Total**
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of Funds:**
Total funds brought forward
**Total funds Carried Forward**
**16**|**Unrestricted**
**Funds**
**£**
17,815
258|**Restricted**
**Funds**
**£**
234,135
-|**Total Funds**
**2022**
**£**
251,950
258|**Total Funds**
**2021**
**£**
285,305
205| |---|---|---|---|---| ||18,073|234,135|252,208|285,510| ||13,258
742|147,102
778|160,360
1,520|136,953
1,077| ||14,000|147,880|161,880|138,030| ||4,073
8,851
12,924
109,565|86,255
(8,851)
77,404
97,223|90,328
-
90,328
206,788|147,480
-
147,480
59,308| ||122,489|174,627|297,116|206,788| All of the activities of the charity are classed as continuing ## **The notes on pages 11 to 18 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 17 **- 9 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **BALANCE SHEET** ## **YEAR ENDED 31 MARCH 2021** |**Note**
**Fixed assets**
Tangible fixed assets
**15**
**Current assets**
Debtors
**13**
Cash at bank and in hand
_Total current assets_
**Creditors : Amounts falling**
**due within one year**
**14**
_Net Current assets or liabilities_
**_Total net assets or liabilities_**
**The Funds of the Charity**
Restricted funds
**16**
Unrestricted funds
**16**
**_Total charity funds_**|-
299,233|**2022**
**£**
2,533
294,583|**2021**
**£**
2,639
267
208,893| |---|---|---|---| ||299,233
(4,650)||209,160
(5,011)| ||174,627
122,489||| ||||204,149| |||297,116|206,788| ||||97,223
109,565| ||||| |||297,116|206,788| 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 11 to 18 form part of these financial statements** **- 10 -** ## **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. - c) The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. - 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. - b) Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAT which cannot be recovered. - 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. - d) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. - 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. - 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: - Computer equipment - 33.3% straight line - not charged in year of purchase - 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. - 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. **- 11 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **Income and Endowments From:** ## **3 Donations and Legacies** |Grants
Donations
_Donations and Legacies prior year_
_Grants_
_Miscellaneous Income_|**Unrestricted**
**Funds**
**£**
16,517
1,298|**Restricted**
**Funds**
**£**
234,135
-|**Total Funds**
**2022**
**£**
250,652
1,298|**Total Funds**
**2021**
£
284,090
1,215| |---|---|---|---|---| ||17,815|234,135|251,950|285,305| ||_Unrestricted_
_Funds_
_£_
_54,243_
_1,215_|_Restricted_
_Funds_
_£_
_229,847_
_-_|_Total Funds_
_2021_
_£_
_284,090_
_1,215_|| ||_55,458_|_229,847_|_285,305_|| ## **4 Investments** |**Investments**|||| |---|---|---|---| |Investment Interest|**Unrestricted**
**Funds**
**£**
258|**Restricted**
**Funds**
**£**
-|**Total Funds**
**Total Funds**
**2022**
**2021**
**£**
**£**
258
205
258
205| ||258|-|| _Investments prior year - all unrestricted_ ## **5 Government Grants** The charity receives government grants, defined as funding from Bristol City Council and North Bristol NHS Trust to fund charitable activities. The total value of such grants in the period ending 31 March 2022 was £69,080 (2021: £46,623). There are no unfulfilled conditions or contingencies attaching to these grants in the year ended 31 March 2022. **- 12 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **Expenditure on:** ## **5 Charitable activities** |Community Engagement
Staffing Costs
Volunteer Expenses
Consultancy & professional fees
Postage & Stationery
Interpreting
Training & Publications
Rent & Room Hire
Travel
Website & Computer
Printing
Misc.
Telephone
Advertising and Marketing
Payroll Services
Subscriptions
Repairs & Maintenance
Refreshments
Depreciation
_Charitable activities prior year_
_Community Engagement_
_Staffing Costs_
_Volunteer Costs_
_Consultancy_
_Postage & Stationery_
_Interpreting_
_Training & Publications_
_Rent & Room Hire_
_Travel_
_Website & Computer_
_Printing_
_Misc._
_Telephone_
_Advertising and Marketing_
_Repairs & Maintenance_
_Refreshments_|**Unrestricted**
**Funds**
**£**
86
8,458
180
-
16
-
20
2,478
168
-
50
-
-
-
-
-
782
140
880|**Restricted**
**Funds**
**£**
2,232
123,274
-
4,300
10
-
240
7,273
168
2,750
266
105
615
21
288
3,237
2,101
222
-|**Total Funds**
**2022**
**£**
2,318
131,732
180
4,300
26
-
260
9,751
336
2,750
316
105
615
21
288
3,237
2,883
362
880|**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
-| |---|---|---|---|---| ||13,258|147,102|160,360|136,953| ||_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_|| ||_3,276_|_133,677_|_136,953_|| **- 13 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **6 Other** |Independent Examiners Fee
Bookkeeping support
Insurance
_Other prior year - all unrestricted_
**Net incoming resources for the year**
**This is stated after charging:**
Independent examination fees
**Staff costs and numbers**
The aggregate payroll costs were:
Wages and Salaries
Social Security Costs
Pension Costs|**Unrestricted**
**Funds**
**£**
742
-
-|**Restricted**
**Funds**
**£**
-
306
472|**Total Funds**
**2022**
**£**
742
306
472|**Total Funds**
**2021**
£
707
-
370| |---|---|---|---|---| ||742|778|1,520|1,077| ||||**2022**
**£**
742|**2021**
**£**
707| ||||**2022**
**£**
119,268
6,758
5,706|**2021**
**£**
76,938
2,768
3,406| ||||131,732|83,112| ## **7 Net incoming resources for the year** ## **8 Staff costs and numbers** No employee received emoluments of more than £60,000 (2021: £Nil) The average monthly head count was 5 staff (2021: 3 staff) ## **9 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 £60,413 (2021: £51,683). **- 14 -** **BRISTOL SOMALI RESOURCE CENTRE** **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **10 Trustee remuneration and expenses** The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil) neither were they reimbursed expenses during the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil). ## **11 Related party transactions** There were no related party transactions in the year (2021: £nil) ## **12 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. ## **13 Debtors** |Prepayments and other debtors
**Creditors: amounts falling due within one year**
Trade Creditors
Pension Costs
HM Revenue & Customs
Accruals & Deferred Income:
Independent Examination|**2022**
**£**
-|**2021**
**£**
267| |---|---|---| ||-|267| ||**2022**
**£**
-
822
3,085
743|**2021**
£
1,200
639
2,465
707| ||4,650|5,011| ## **14 Creditors: amounts falling due within one year** **- 15 -** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **15 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|**Computer**
**Equipment**
**£**
2,639|**Office**
**Equipment**
**£**
774|**Total**
**£**
3,413| |---|---|---|---| ||2,639|774|3,413| ||880|-|880| ||880|-|880| ||1,759|774|2,533| ## **16 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
North Bristol NHS Trust
Nilaari Agency
Race Equality Foundation
Nisbet Trust
Grateful Society
St Monica Trust
Richmond Fellowship
UHB
**Total Restricted Funds**
**Unrestricted funds**
General Funds
**Total Unrestricted Funds**
**Total funds**|**At**
**01-Apr**
**2021**
**£**
220
9,747
1,462
7,569
162
35,623
3,808
20,000
-
12,500
432
-
-
5,700
-
-|**Incoming**
**resources**
**£**
-
11,899
-
9,009
33,296
65,080
6,670
30,000
10,000
4,000
-
23,247
-
13,334
19,250
8,350|**Outgoing**
**resources**
**£**
-
(2,756)
(1,456)
(8,534)
(34,965)
(43,257)
(5,899)
(11,566)
(6,665)
(13,542)
(405)
(2,622)
(264)
(9,949)
-
(6,000)|**Transfers**
**£**
-
-
(6)
(8,044)
-
-
-
-
-
-
(27)
-
-
-
(774)
-|**At**
**31-Mar**
**2022**
**£**
220
18,890
-
-
(1,507)
57,446
4,579
38,434
3,335
2,958
-
20,625
(264)
9,085
18,476
2,350| |---|---|---|---|---|---| ||97,223|234,135|(147,880)|(8,851)|174,627| ||109,565|18,073|(14,000)|8,851|122,489| ||109,565|18,073|(14,000)|8,851|122,489| ||||||| ||206,788|252,208|(161,880)|-|297,116| **- 16 -** **NOTES TO THE FINANCIAL STATEMENTS** ## **BRISTOL SOMALI RESOURCE CENTRE** ## **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 ## 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 Dolphin Society Supporting older people who are affected by Covid-19 Lloyds Bank Support activities and costs relating to charitable purposes and respond to the needs of the most vulnerable and marginalised people affected by Covid-19 MIND Providing mental health support to people affected Covid-19 Nillari Agency Mental health support for people recovering from Covid-19 Race Equality Foundation Supporting older people with dementia or at risk of developing dementia and their families SOLON Supporting people affected by Covid-19 Charity Aid Foundation Supporting people affected by Covid-19 St Monica Trust Supporting Community elders and providing advice and support. ## **17 Analysis of charitable funds - previous year, as required by paragraph 4.2. of the SORP** |**Incoming and Endowments from:**
Donations and Legacies
Investments
**Total**
**Expenditure On:**
Charitable Activities
Other
**Total**
**Net income/(expenditure)**
**Transfer between funds**
**Net movement in funds**
Total funds brought forward
**Total funds Carried Forward**|**Unrestricted**
**Funds**
**£**
55,458
205|**Restricted**
**Funds**
**£**
229,847
-|**Total Funds**
**2021**
**£**
285,305
205| |---|---|---|---| ||55,663|229,847|285,510| ||3,276
1,077|133,677
-|136,953
1,077| ||4,353|133,677|138,030| ||51,310
1,880
53,190
56,375|96,170
(1,880)
94,290
2,933|147,480
-
147,480
59,308| ||109,565|97,223|206,788| - 17 - **BRISTOL SOMALI RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2021** ## **18 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**
**£**
2,533
124,606
(4,650)|**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
-
2,533
174,627
299,233
-
(4,650)
174,627
297,116| ||122,489|| ## **19 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. **- 18 -**