SOUTHWARK REFUGEE COMMUNITIES FORUM
(A company limited by guarantee)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
COMPANY REGISTRATION NUMBER 4971853
CHARITY REGISTRATION NUMBER 1132229
LONDON ACCOUNTANCY PRACTICE
SOJOURNER TRUTH CENTRE
161 SUMNER ROAD
LONDON SE15 6JL

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
ADMINISTRATIVE INFORMATION
YEAR ENDED 31 MARCH 2024
CONTENTS
Page
Administrative information
Report of the board of trustees
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
9-10
Detailed Income and Expenditure

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
ADMINISTRATIVE INFORMATION
AS AT 31 MARCH 2024
GOVERNING DOCUMENT
The organisation is governed by its Memorandum and
Articles of Association and 2006 Companies Act.
The company is registered as a company limited by
guarantee with Companies House in England and Wales
and with the Charity Commission.
COMPANY REGISTRATION
NUMBER
4971853
CHARITY REGISTRATION
NUMBER
1132229
BOARD OF DIRECTORS:
Yohannes Sibhatu....................Chairperson
Pauline Nandoo................... Director
Manuel Monade................... Director
Nihaya Al-othmani............... Director
Faisal Maramazi
Director
FORMAL ADDRESS..
St. Giles Centre
81 Camberwell Church Street
London SE5 8RB
BANKERS
Unity Trust Bank plc
Nine Brindleyplace
Birmingham B1 2HB
Lloyds Bank plc
25 Gresham Street
London EC2V 7HN
INDEPENDENT EXAMINER
London Accountancy Practice
Sojourner Truth Centre
161 Summer Road
London SE15 6JL

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
BOARD OF TRUSTEES, REPORT
YEAR ENDED 31 MARCH 2024
The Board of trustees is pleased to present its Annual Report and the financial statements
for the year ended 31 March 2024.
PRINCIPAL ACTIVITY
The principal activity of the company continues to be the promotion of charitable purpose
for the benefit of refugees and asylum seekers within the Borough of Southwark to relieve
poverty, improve health, advance education and provide or assist in the provision of
facilities for recreation or leisure time occupation with the object of improving the
conditions of life of the said persons.
SRCF'S overall aim is to enable the voices of refugees themselves to be heard. SRCF
achieves its aim through:
Promoting awareness of the role and skills that refugee community organisations
have to offer.
Facilitating collaboration between refugee community organisations and statutory
and voluntary organisations.
Enhancing the Integration of refugee community organisations into mainstream.
Promoting of refugee participation at all levels.
Identification of resources for refugee community organisations.
And the development of its own capacity to meet the needs of the member
agencies.
REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS
(See SOUTHWARK REFUGEE COMMUNITIES FORUM LTD separate Annual Report)

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
BOARD OF TRUSTEES, REPORT
YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
The results of the yearfs operation are set out in the attached financial statements. The net
movement in funds for the year amounted to £95,348 and £57,665 in 2023. The retained
reserves at 31 March 2024 amount to £175,730 and £80,382 in 2023 respectively.
RESERVE POLICY
The company is required to determine and explain its policy for free reserves. The trustees
have reviewed its free reserve policy and have turned its entire unrestricted fund into an
emergency reserve to enable SRCF to meet its obligations in the event of a shortfall in
income or sudden upturn in expenditure. The organisation is aiming at free reserves to
cover at least 6 months expenditure, which amounts to around £53,000 this year.
In the light of the current funding level, it is expected to remain difficult in the short term to
build up the free reserves of the company to the desired level.
RISK MANAGEMENT
The trustees have examined the major risks which SRCF facos and believe that the
continued effort to bring back our free reserves to a reasonable level, combined with our
annual review of the controls over key financial systems should in time provide sufficient
resources in the event of adverse conditions. The trustees have also examined other
operational and business risks which we face and confirm that they have established
systems to mitigate significant risks.
TANGIBLE FIXED ASSETS
The organisation has no fixed assets
FUNDS AVAILABLE
The present level of funding is adequate to support the continuation of the company's
operations for the medium term," however, the trustees consider the financial position of
the company to be unsatisfactory. To improve the financial position of the company, efforts
are being made to raise more funds, which could lead to surpluses in coming years, in turn
leading to improvement of the free reserves and of the financial position.
VOLUNTEERS
SRCF recognises the significant contributions made by volunteers.

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
BOARD OF TRUSTEES, REPORT
YEAR ENDED 31 MARCH 2024
STATEMENT OF BOARD OF TRUSTEES RESPONSIBILITIES
The Trustees who are also the directors are required under the Companies Act 1985 to
prepare financial statements for each financial year which give a true and fair view of the
state of affairs of the organisation's financial activities during the year and of its financial
position at the end of the year. In preparing financial statements giving a true and fair view,
the trustees should follow best practice and..
select suitable accounting policies and apply them consistently.
make judgements and estimates that are reasonable and prLJdent',
state whether applicable standards and statement of recommended practice
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 company will continue in operation.
The board of trustees is responsible for keeping proper records which disclose at any time
the financial position of the company. They are also responsible for safe guarding the
assets of the organisation and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
APPROVAL
This report was approved by the board of trustees on
2024
and signed on its behalf by
Director
Pauline Nandoo

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT EXAMINER'S REPORT
I report on the accounts of the company for the year ended 31 March 2024, which are set out on
pages7to 11.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are
responsible for the preparation of the accounts. The trustees consider that an audit is not required
for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed.
Having satisfied myself that the charity is not subject to audrt under company law and is eligiblÈ for
independent examination, it is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
to follow the procedures laid down in the general Directions given
by the Charity Commission under section 145(5) (b) of the 2011 Act. and
to state whether particular matters have come to my attention.
Basis of independent examinerfs réport
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disdosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequendy no opinion is given as to whether the accounts
present a 'true and fair view, and the report is limited to those matters set out in the statement
below.
Independent examinerfs statement
In connection with my examination, no matter has come to my attent'on..
(1) which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordanTr with section 386 of the Companies Act 2006., and
to prepare accounts which accord with the accounting records, comply with the accounting
requirernents of section 396 of the Companies Act 2006 and with the methods and
principles of the Statement of Recommended Practice.. Accounting and Reporting by
Charities
have not been met", or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Sign......
Date......W-. Q
..2024
Ade Adebambo, CPFA, MBA. CGMA. ACMA ACG
London Accountancy Practice
161 Sumner Road
London SE15 6JL

SOUTHWARK REFUGEE COMMUNITIES FORUM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Incoming Resources
Unrestricted Restricted
Fund
Fund
2024 2023
Total
Total
Voluntary Income
In￿stment Income
Total Incoming Resources
5,860
26
5,886
194,739
200,599 125,622
26
200,625 125.632
194,739
Charitable expenditure
105,277
105,277 67,967
Total Resources Expended
105,277
105,277
67,967
Net Incoming Resources
5.886
89,462
95,348 57,665
Fund balances broughtfor¥vard
2,201
78,181
80,382
22,717
Fund balances carried forward
8,087
167.643
175,730 80,382

SOUTHWARK REFUGEE COMMUNITIES FORUM
BALANCE SHEET
AS AT 31 MARCH 2024
2024
Total
2023
Total
CURRENT ASSETS
Debtors arKI Prepayments
Cash at Bank
Cash in HarKJ
16,556
188,216
757
108,559
205,529
205,529
108,561
108,561
CURRENT LIABILITIES
Deferred I￿oMe
Creditors and Accruals
22,500
7,299
13,000
15,179
29,799
28,179
REPRESENTED BY:
FUNDS:
Unrestricled
Restricted
175.730
80,382
8,087
167,643
175,730
2,201
78,181
80,382
The directors who are also the trustees consider that for the period ended 31 March 2024
the Company was entitled to exemption under subsection 477 of the Companies Act 2006
relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain the audit of its accounts for the
year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of
the Act with respect to accounting records and the preparation of accounts,
These accounts have been prepared in accordance with the provisions applicable to
companies subject to small companies, regime.
The financial statements on pages 7-11 were approved by the board of directors on
Date .
.J.g112./AJz/................
2024 and signed on its behalf by
. Directorl Chair
Yohannes Sibhatu

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
1.1 Basis of preparation of Financial Statements
The financial statements are prepared under the historic cost convention and
include the results of the company's operations which are described in the Board of
trustees, Report and all of which are continuing.
The accounts have been prepared in accordance with the Statements of
Recommended Practice for company accounts.
The company has taken advantage of the exemption of Financial Reporting
Standard No 1 from the requirements to produce a cash flow statement on the
grounds that it qualifies as a small company.
1.2 Incoming Resources
1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier
date of when they are received or when they are receivable, unless they relate to a
specific future period, in which case they are included on the Balance Sheet as
deferred income to be recognised in the future accounting period.
1.2.2 Grants received for specific purposes are accounted for as restricted funds in the
Statement of Financial Activities.
1.3 Restricted Funds
Restricted funds are to be used for specific purposes as laid down by the donor.
Expenditure which meets these criteria is identified to the fund, together with a fair
allocation of management and support costs.
1.4 Unrestricted Funds
Unrestricted funds are donations and other incomes received or generated for the
objects of the organisation without further specified purpose and are available for
general funds.
1.5 Designated Funds
Designated funds are unrestricted funds earmarked by the board of trustees for
particular purposes.
1.6 Tangible Fixed Assets
All expenditure that related to equipment has been charged to the Statement of
Financial Activities in the year of acquisition because they were of low value. A
register of assets is maintained.

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited by Guarantee)
NOTES TO THE ACCOUNTS (CONTINUED)
YEAR ENDED 31 MARCH 2024
1.7 Resources Expended
All expenditure is accourted for gross and wtEn OCCL￿ed.
The accounts are prepared uTrder ttE Historic Cost Conlerrtion.
Debtors and Prepayments
SoLrtIMark CourKil- StreamlifEd AsylLrn ProcessirKJ (SAP)
Pension Contributions
Net Salary
2024
15,840
516
200
16,556
2023
Deferred Income
2024
2023
The Alan & Babette Sainsbury Charitable Fund
United St Saviourfs charity
The National Lottery Fund
10,000
12,500 10,000
3,000
22,500 13,000
Credltors & Accruals
2024
2023
Net Salary
ACcounta￿Y fees
Payroll
Bank Charges
HMRC
Lloyds bank pettycash
Nesl - Pension ContributiorLS
Rent & Rates
Projact E>penses
MiscellarK)us- Office costs
194
500
79
750
100
28
4,581
1,000
2,968
4,822
1,923
5,081
300
521
19
7,299 15,179
10

SOUTHWARK REFUGEE COMMUNITIES FORUM
(A Company Limited By Guarantee}
DETAILED INCOME AND EXPENDITURE
FOR THE YEAR ENDED 31 MARCH 2024
Incoming ReSoU￿eS
Unrestricted Restricted
Fund
Fund
2024 2023
Total
Total
Donations and Legacies:
United St Samour s Charity
National Lottery Community FurK
Trust for LorKlon -Experts by Experien
Guys & St Thomas Fourxjation TruSt-ca￿r ScreeniTrJ
Southwarf( COu￿11- Reft￿ee WeeklBlack history month
Southwark Council- Streamlined As￿uM Processir¥J (SAP)
The Alan & Babette Sainsbury Charitabte F￿1
Southwark CoutKiI COVID 19 Outreach
Southwark cour￿11 Afgan Refugees
St George's UOL-Misc events
NHS SE London Misc. projects
SDAC - Refugee Week
Misc. Gifts
Investmert Ircome
30,500
3,000
46,000
15,000
15,499
62,540
15.000
30,500
3,000
6,600
46,000 40,000
15,000
15,499
62,540
15,000
14,167
55,705
4,000
5,000
4.200
2,000
1,000
4,200
2,000
1,000
5,860
150
26
10
200,625 125,632
5,860
26
5,886
194,739
Total Incoming Resources
5,886
194,739
200,625 125,632
Outyoing Resources
Unrestricted Restricted
Fund
Fund
2024 2023
Total Total
Charitable Expenditure
Project ManagemertlSalarFeS
Rent & Rates
Pensions
Telephone & IntenEt
Project Expenses
Office Expenses
Volunteer Expenses
Payroll
Accountancy Fee
Membership IAP
HMRC Interest
Bank Charges
Management Committee eJperEes
InSUra￿e
Total Resources Expended
59,109
5,295
1.908
1,683
31.699
2.640
362
309
750
80
21
153
545
723
59,109 37,500
5,295
5,400
1.908
1,125
1,683
1,259
31.699
19,378
2,640
1,136
362
291
309
282
750
500
80
80
21
21
153
72
545
212
723
711
105,277 67,967
105,277