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2021-05-31-accounts

Himilo AGM Report 2020/2021

Date: 17/07/2020 Time: 17:00 – 21:00

Present

84 participants

Apologies

1. Chairman’s report of the year’s activities, achievements and setbacks

The chairman has opened the meeting and thanked the continued support and the hard work continually provided by the many volunteers and staff of Himilo Social and Cultural Organisation. The chair also highlighted the wide range of activities offered by Himilo in 2020/2021 and how they benefited the community. He also noted how the services create a diverse group of clients who regularly attend Himilo Centre.

He outlined the year 2020/2021 was very slow progress year in terms of activities and support for local community, especially for the clients, due to financial difficulties and less volunteers.

The chairman has mentioned that there is still outstanding loan to payback. That loan had been taken for the extension of the building which took place 2 years ago.

The chair thanked to all people who made their contribution to the charity.

In this year, some social activities has been better than pervious year and more people has benefited.

Tuition & cultural classes

Tuition classes have been restarted fully. Himilo successfully managed, with the help of some parents, to mobilise high quality volunteers who provided help and support to the children, with a variety age group, in terms of school

subjects and Somali cultural classes. During this year around 218 children have been supported

Advice and Guidance

Himilo has been provided advice and guidance’s to the local community. Our Advice is free, impartial, non-judgmental and confidential. We offer advice, help and support to different people, such as parents, youth, and single adults, on a wide range of personal, housing, benefit, jobs and financial matters.

Family Funday

This project was ongoing activities for families before pandemic, The plan was to restart but unfortunately, we could not manage due to lack of financial and insufficient volunteers. Chairman emphasised that the management committee, staff and volunteers are determined to restart as soon as possible.

Elected Trustees

  1. Mr. Ahmed Sulub 76 Prince Albert Street, Birmingham. B9 5AJ

  2. Mohamed Yussef Omar 26 Exton Way, Birmingham. B8 1PL

  3. Ahmed Egeh Church hill Road Birmingham. B20 3PH

Registered number 06378796

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED

Report and Accounts

30 November 2021

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Registered number: 06378796 Director's Report

The director presents his report and accounts for the year ended 30 November 2021.

Principal activities

The company's principal activity during the year continued to be the provision of congregational islamic worship, youth educational and leisure activities.

Directors

The following persons served as directors during the year:

Ahmed Sulub Mohamoud

Mohamed Yussef Omar - Secretary

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 5 August 2022 and signed on its behalf.

____ Ahmed Sulub Mohamoud Director

1

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Accountants' Report

Accountants' report to the director of HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED

You consider that the company is exempt from an audit for the year ended 30 November 2021. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

_________ Premier Accountants & Tax Advisors Chartered Certified Accountants

Premier House, 15 Leopold Street, Birmingham, West Midlands, B12 0UP.

5 August 2022

2

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Profit and Loss Account for the year ended 30 November 2021

Turnover
Administrative expenses
Operating profit
Profit before taxation
Tax on profit
Profit for the financial year
2021
£
70,555
(37,482)
33,073
33,073
-
33,073
2020
£
74,962
(39,316)
35,646
35,646
-
35,646

3

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Registered number: 06378796 Balance Sheet as at 30 November 2021

Notes
Fixed assets
Tangible assets
3
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
4
Net current assets
Total assets less current
liabilities
Creditors: amounts falling due
after more than one year
5
Net assets
Capital and reserves
Profit and loss account
Shareholder's funds
2021
£
894,649
73,538
(1,505)
72,033
966,682
(11,654)
955,028
955,028
955,028
2020
£
883,554
61,423
(1,367)
60,056
943,610
(21,654)
921,956
921,956
921,956

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

_____ Ahmed Sulub Mohamoud Director Approved by the board on 5 August 2022

4

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Notes to the Accounts for the year ended 30 November 2021

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2 Employees

Employees
Average number of persons employed by the company
2021
Number
5
2020
Number
5

3 Tangible fixed assets

Cost
At 1 December 2020
Additions
At 30 November 2021
Depreciation
At 1 December 2020
Charge for the year
At 30 November 2021
Net book value
At 30 November 2021
At 30 November 2020
Land and
buildings
£
879,132
12,200
891,332
-
-
-
891,332
879,132
Plant and
machinery
etc
£
15,446
-
15,446
11,024
1,105
12,129
3,317
4,422
Total
£
894,578
12,200
906,778
11,024
1,105
12,129
894,649
883,554

5

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Notes to the Accounts

for the year ended 30 November 2021

4
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security costs
5
Creditors: amounts falling due after one year
Other creditors
2021
£
1,505
-
1,505
2021
£
11,654
2020
£
1,569
(202)
1,367
2020
£
21,654

6 Other information

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 45-49 Blake Lane, 45-47 Blake Lan Bordesley Green, Birmingham, West Midlands, B9 5QU.

6

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Detailed profit and loss account for the year ended 30 November 2021

This schedule does not form part of the statutory accounts

Sales
Administrative expenses
Operating profit
Profit before tax
2021
£
70,555
(37,482)
33,073
33,073
2020
£
74,962
(39,316)
35,646
35,646

7

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Detailed profit and loss account for the year ended 30 November 2021

This schedule does not form part of the statutory accounts

Sales
Sales
Administrative expenses
Employee costs:
Wages and salaries
Premises costs:
Rates
Light and heat
Cleaning
General administrative expenses:
Telephone and internet
Stationery and printing
Bank charges
Repairs and maintenance
Depreciation
Legal and professional costs:
Other legal and professional
2021
£
70,555
24,092
24,092
3,497
4,892
390
8,779
337
372
-
2,784
1,105
4,598
13
13
37,482
2020
£
74,962
25,995
25,995
3,362
4,890
413
8,665
205
372
10
2,582
1,474
4,643
13
13
39,316

8

Registered number 06378796

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED

Report and Accounts

30 November 2021

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Registered number: 06378796 Director's Report

The director presents his report and accounts for the year ended 30 November 2021.

Principal activities

The company's principal activity during the year continued to be the provision of congregational islamic worship, youth educational and leisure activities.

Directors

The following persons served as directors during the year:

Ahmed Sulub Mohamoud

Mohamed Yussef Omar - Secretary

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 5 August 2022 and signed on its behalf.

____ Ahmed Sulub Mohamoud Director

1

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Accountants' Report

Accountants' report to the director of HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED

You consider that the company is exempt from an audit for the year ended 30 November 2021. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

_________ Premier Accountants & Tax Advisors Chartered Certified Accountants

Premier House, 15 Leopold Street, Birmingham, West Midlands, B12 0UP.

5 August 2022

2

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Profit and Loss Account for the year ended 30 November 2021

Turnover
Administrative expenses
Operating profit
Profit before taxation
Tax on profit
Profit for the financial year
2021
£
70,555
(37,482)
33,073
33,073
-
33,073
2020
£
74,962
(39,316)
35,646
35,646
-
35,646

3

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Registered number: 06378796 Balance Sheet as at 30 November 2021

Notes
Fixed assets
Tangible assets
3
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
4
Net current assets
Total assets less current
liabilities
Creditors: amounts falling due
after more than one year
5
Net assets
Capital and reserves
Profit and loss account
Shareholder's funds
2021
£
894,649
73,538
(1,505)
72,033
966,682
(11,654)
955,028
955,028
955,028
2020
£
883,554
61,423
(1,367)
60,056
943,610
(21,654)
921,956
921,956
921,956

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The member has not required the company to obtain an audit in accordance with section 476 of the Act.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

_____ Ahmed Sulub Mohamoud Director Approved by the board on 5 August 2022

4

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Notes to the Accounts for the year ended 30 November 2021

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2 Employees

Employees
Average number of persons employed by the company
2021
Number
5
2020
Number
5

3 Tangible fixed assets

Cost
At 1 December 2020
Additions
At 30 November 2021
Depreciation
At 1 December 2020
Charge for the year
At 30 November 2021
Net book value
At 30 November 2021
At 30 November 2020
Land and
buildings
£
879,132
12,200
891,332
-
-
-
891,332
879,132
Plant and
machinery
etc
£
15,446
-
15,446
11,024
1,105
12,129
3,317
4,422
Total
£
894,578
12,200
906,778
11,024
1,105
12,129
894,649
883,554

5

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Notes to the Accounts

for the year ended 30 November 2021

4
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security costs
5
Creditors: amounts falling due after one year
Other creditors
2021
£
1,505
-
1,505
2021
£
11,654
2020
£
1,569
(202)
1,367
2020
£
21,654

6 Other information

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 45-49 Blake Lane, 45-47 Blake Lan Bordesley Green, Birmingham, West Midlands, B9 5QU.

6

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Detailed profit and loss account for the year ended 30 November 2021

This schedule does not form part of the statutory accounts

Sales
Administrative expenses
Operating profit
Profit before tax
2021
£
70,555
(37,482)
33,073
33,073
2020
£
74,962
(39,316)
35,646
35,646

7

HIMILO SOCIAL AND CULTURAL ORGANISATION LIMITED Detailed profit and loss account for the year ended 30 November 2021

This schedule does not form part of the statutory accounts

Sales
Sales
Administrative expenses
Employee costs:
Wages and salaries
Premises costs:
Rates
Light and heat
Cleaning
General administrative expenses:
Telephone and internet
Stationery and printing
Bank charges
Repairs and maintenance
Depreciation
Legal and professional costs:
Other legal and professional
2021
£
70,555
24,092
24,092
3,497
4,892
390
8,779
337
372
-
2,784
1,105
4,598
13
13
37,482
2020
£
74,962
25,995
25,995
3,362
4,890
413
8,665
205
372
10
2,582
1,474
4,643
13
13
39,316

8