REGISTERED CHARITY NUMBER: 1129651
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2025
for
Altaqwah Somali Centre
Hartrose Associates Ltd 61A Blagden Street Sheffield South Yorkshire S2 5QS
Altaqwah Somali Centre
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
Altaqwah Somali Centre
Report of the Trustees for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1129651
Principal address
31-33 Andover Street Sheffield S3 9EE
Trustees
S Saleh D Hasan M Bashe S A Musse M F Hassan
Independent Examiner
Mr Akhtar Hussain Hartrose Associates Ltd 61A Blagden Street Sheffield South Yorkshire S2 5QS
Approved by order of the board of trustees on 31 May 2026 and signed on its behalf by:
S Saleh - Trustee
Page 1
Independent Examiner's Report to the Trustees of Altaqwah Somali Centre
Independent examiner's report to the trustees of Altaqwah Somali Centre
I report to the charity trustees on my examination of the accounts of Altaqwah Somali Centre (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Mr Akhtar Hussain
Hartrose Associates Ltd 61A Blagden Street Sheffield South Yorkshire S2 5QS
31 May 2026
Page 2
Altaqwah Somali Centre
Statement of Financial Activities for the Year Ended 31 March 2025
| 31.3.25 | 31.3.24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 71,766 | 100,801 | |
| EXPENDITURE ON | |||
| Raising funds | 2 | 24,599 | 36,751 |
| Other | 9,815 | 10,760 | |
| Total | 34,414 | 47,511 | |
| NET INCOME | 37,352 | 53,290 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 254,485 | 201,195 | |
| TOTAL FUNDS CARRIED FORWARD | 291,837 | 254,485 |
The notes form part of these financial statements
Page 3
Altaqwah Somali Centre
Balance Sheet 31 March 2025
| 31.3.25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 5 75,000 CURRENT ASSETS Cash at bank and in hand 217,017 CREDITORS Amounts falling due within one year 6 (180) NET CURRENT ASSETS 216,837 TOTAL ASSETS LESS CURRENT LIABILITIES 291,837 NET ASSETS 291,837 FUNDS 7 Unrestricted funds 291,837 TOTAL FUNDS 291,837 |
31.3.24 Total funds £ 75,000 179,664 (179) 179,485 254,485 254,485 254,485 254,485 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 May 2026 and were signed on its behalf by:
S Saleh - Trustee
The notes form part of these financial statements
Page 4
Altaqwah Somali Centre
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Support costs | 22,215 | 30,526 |
| Investment management costs | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Property repairs | 2,384 | 6,225 |
| Aggregate amounts | 24,599 | 36,751 |
Page 5
continued...
Altaqwah Somali Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 100,801 |
| EXPENDITURE ON | |
| Raising funds | 36,751 |
| Other | 10,760 |
| Total | 47,511 |
| NET INCOME | 53,290 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 201,195 |
| TOTAL FUNDS CARRIED FORWARD | 254,485 |
| TANGIBLE FIXED ASSETS | |
| Freehold | |
| property | |
| £ | |
| COST | |
| At 1 April 2024 and 31 March 2025 | 75,000 |
| NET BOOK VALUE | |
| At 31 March 2025 | 75,000 |
| At 31 March 2024 | 75,000 |
Page 6
continued...
Altaqwah Somali Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors 7. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.4.24 £ 254,485 254,485 Incoming resources £ 71,766 71,766 At 1.4.23 £ 201,195 201,195 Incoming resources £ 100,801 100,801 |
31.3.25 31.3.24 £ £ 180 179 Net movement At in funds 31.3.25 £ £ 37,352 291,837 37,352 291,837 Resources Movement expended in funds £ £ (34,414) 37,352 (34,414) 37,352 Net movement At in funds 31.3.24 £ £ 53,290 254,485 53,290 254,485 Resources Movement expended in funds £ £ (47,511) 53,290 (47,511) 53,290 |
31.3.24 £ 179 At 31.3.25 £ 291,837 |
|---|---|---|---|
| 291,837 | |||
| 53,290 |
continued...
Page 7
Altaqwah Somali Centre
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 201,195 201,195 |
Net movement in funds £ 90,642 90,642 |
At 31.3.25 £ 291,837 |
|---|---|---|---|
| 291,837 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 172,567 | (81,925) | 90,642 |
| TOTAL FUNDS | 172,567 | (81,925) | 90,642 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 8
Altaqwah Somali Centre
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 71,766 | 100,801 |
| Total incoming resources | 71,766 | 100,801 |
| EXPENDITURE | ||
| Investment management costs | ||
| Property repairs | 2,384 | 6,225 |
| Other | ||
| Wages | 9,815 | 10,760 |
| Support costs | ||
| Management | ||
| Rates and water | 3,423 | 2,794 |
| Light and heat | 8,341 | 3,572 |
| Telephone | 823 | 741 |
| Sundries | 654 | 2,047 |
| Cleaning costs | - | 1,352 |
| 13,241 | 10,506 | |
| Finance | ||
| Postage and stationery | 511 | 1,207 |
| Bank charges | 1,240 | 1,090 |
| 1,751 | 2,297 | |
| Other | ||
| Social events | 6,023 | 10,518 |
| Governance costs | ||
| Legal and professional fees | 1,200 | 7,205 |
| Total resources expended | 34,414 | 47,511 |
| Net income | 37,352 | 53,290 |
This page does not form part of the statutory financial statements
Page 9