## ALABRAR FOUNDATION
**Accounts & Trustees Reports**
**For the year ended 21 July 2022**
## ALABRAR FOUNDATION
## **Contents**
## **For the year ended 21 July 2022**
||_Page_|
|---|---|
|Legal and administrative information|3|
|Trustees’ report|4-5|
|Independent examiner’s report|6-7|
|Statement of financial activities|8|
|Balance sheet|9|
|Notes to the accounts|10-13|
Page | 2
## ALABRAR FOUNDATION
## **Legal and Administrative Information**
**For the year ended 21 July 2022**
Status: The organisation is a charity registered with the Charities Commission in England & Wales. Charity Number: 1140458 Registered Office & Business Address: Alabrar Foundation 226 Seven Sisters Road London N4 3GG Trustees Mr Mohamoud Mohamed Ahmed - Chairman Mr Mohammed Dahir Sheikh - Secretary Mr Yusuf Abdi - Trustee Mr Abdurazak Sherif Mohamed - Trustee Mr Abdirizak Sharif - Treasurer
Accountants:
E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
Page | 3
## ALABRAR FOUNDATION
## **Trustees’ Report**
**For the year ended 21 July 2022**
## **Summary of Aims and Objectives of AL-ABRAR FOUNDATION:**
- Encourage greater community cohesion, by delivering programmes of work to break down barriers between different social groups, to challenge preconceptions and contribute to community safety.
- Support the development of children and young people in Finsbury Park and adjoining areas of the London Borough of Islington under the age of 25 and their families. To act as a hub within the local community to encourage young people to engage in positive activities, offering formal and informal educational opportunities.
- To help young people to grow both as individuals and as members of the society.
- Support the wider community of Finsbury Park and adjoining areas of the London Borough of Islington, to provide engagement and support activities for all ages ranging from social inclusion activities to formal and informal educational sessions.
- Tackle youth related anti-social behaviours by engaging young people in centre based as well as off-site programmes of work through outreach and detached youth work.
## **This Financial Year’s Main Achievements For The Charity**
## **Our Current & Future Plans:**
Part of the future plan is:
AL-ABRAR FOUNDATION has started new projects aimed at improving the lives of the local communities in their different age groups and the particular needs of each category.
We have opened a big community centre first of its kind in the area to run these projects.
There are a number of community programmes we have already started:
1. Community Advice & Guidance:
Page | 4
- Family Welfare
- Translation services
- Help with application forms and emails
- Signposting and referral services
- Cultural awareness
2. Youth Programmes:
- Career Advice
- Mentoring Sessions
- Recreational Activities
- Academic support facilities
- Youth club
- Promoting emotional wellbeing
- Mental Health Sessions
## **3. Mental Health For All**
- Women’s Programmes
- Dads Club
- Seniors Socialisation Club (Tea and Conversation)
## **Acknowledgement & Recognition:**
AL-ABRAR FOUNDATION is hereby pleased to state that none of these achievements could have been possible without:
- The generous charitable giving of our donors who regularly donated, either through standing orders or at charity fundraising events, towards the charity work that AL-ABRAR engaged in.
- Our wonderful volunteers who are always ever-ready to take their part in volunteering for AL-ABRAR FOUNDATION in fundraising events, distribution of fliers, reaching out to potential donors etc. The opening of this community centre could have not possible without the full support of and great efforts put in by our dedicated volunteers.
- Last but not least, the backing and motivation of the community at large who always attend the charity’s events.
Page | 5
## ALABRAR FOUNDATION
**Independent examiner’s report**
## **For the year ended 21 July 2022**
Report of the Independent Examiner to the trustees on the accounts for the year ended 21 July 2022.
## _**Respective responsibilities of trustees and examiner**_
We report on the financial statements of the of the charity on pages 6 to 7 for the year ended 1 April 2019 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005 as modified in June 2008. (The SORP), under the historical cost convention and the accounting policies set out 8 to 9.
Having satisfied myself that the charity is not subject to audit under charity law, or otherwise, and is eligible for independent examination, it is my responsibility to:-
- a) Examine the accounts under section 145 of the Act;
- b) To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
- c) To state whether particular matters have come to my attention.
## _**Basis of opinion and scope of work undertaken**_
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales setting out the duties of an independent examiner issued by the Charity Commissioners under section 145(5)(b) of the Act) in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters.
The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
## _**Independent Examiner's Statement, report and opinion**_
Subject to the limitations upon the scope of my work as detailed above, in connection with my examination, I can confirm that:
No matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 145 of the Charities Act 2011; (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 145 of the Charities Act 2011and;
Page | 6
(iii) That the financial statements are prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities have not been met;
E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
27 July 2022
Page | 7
## ALABRAR FOUNDATION
## **Statement of Financial Activities for the Year Ended 21 July 2022**
|**Notes**
_Incoming_
_Resources_
2
**Total**
_Expenses_
Charitable & Legal Activities
3
**_Total Expenses_**
Surplus /(deficit) for the
period
Surplus /(deficit) brought forward
**_Funds as at 21 July 2022_**|**Unrestricted**
**Restricted**
**2022**
**2021**
**£**
**£**
**£**
**£**
**Total**
**Total**
26,661
26,661
9,707|
|---|---|
||26,661
-
26,661
9,707|
||(64,748)
(38,913)|
||(64,748)
(38,913)|
||(38,087)
(29,206)
55,505
84,712|
||-
-
17,418
55,506|
Page | 8
## ALABRAR FOUNDATION
|**Balance Sheet as at**
**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Cash at bank and in hand
17,418
17,418
**Net current assets**
**Total assets less**
**current liabilities**
**Net assets**
**Capital and reserves**
Profit and loss account
19
**Shareholders' funds**|**Balance Sheet as at**
**Notes**
**Fixed assets**
Tangible assets
7
**Current assets**
Cash at bank and in hand
17,418
17,418
**Net current assets**
**Total assets less**
**current liabilities**
**Net assets**
**Capital and reserves**
Profit and loss account
19
**Shareholders' funds**|**21 July 2022**
**2022**
**£**
-
55,506
55,506
17,418
17,418
17,418
17,418
17,418|**21 July 2022**
**2022**
**£**
-
55,506
55,506
17,418
17,418
17,418
17,418
17,418|**2021**
**£**
-
55,506|
|---|---|---|---|---|
||17,418||55,506||
||||||
|||||55,506|
|||||55,506|
|||||55,506|
|||||55,506|
**The statement of financial activities as set out on page 8 for the financial year ending 21 July 2021, and the statement of the assets and liabilities as set out on this page are as approved by the trustees on 27 July 2027.**
## **--------------------------Chair**
Mr Mohamoud Mohamed Ahmed
Page | 9
## ALABRAR FOUNDATION
## **Notes to the Accounts for the year ended 21 July 2022**
## **1 Basis of preparation**
The accounts have been prepared under the historical cost convention and have been prepared in accordance with Statement of Recommended Practice (SORP2015), "Accounting and Reporting by Charities" and applicable accounting standards.
## **2 Accounting policies**
A summary of the principal accounting policies, all of which have been applied consistently throughout the year is set out below.
## 2.1 **Income and Expenses**
All income and expenses are accounted for on accrual basis.
## 2.2 **Fund Accounting**
General funds are available for use at the discretion of the trustees in the furtherance of the general objectivities of the charity.
Restricted funds are funds subject to specific restrictive conditions imposed by donors.
## 2.3 **Tangible fixed assets & Depreciation**
Tangible fixed assets are stated at cost
Provision for depreciation of fixed assets held for use by the charity is made at an annual rate of 25% on straight line basis.
Page | 10
## ALABRAR FOUNDATION
## **Notes to the Accounts for the year ended 21 July 2022**
## **2. Grants & Donations**
|Gifts & Donations
**Gross profit**|**£**
**£**
**Unrestricted**
**Restricted**
26,661|**2022**
**£**
**Total**
26,661
26,661
**26,661**|**2021**
**£**
**Total**
9,707|
|---|---|---|---|
||||9,707|
||**26,661**
**0**||**9,707**|
Page | 11
## ALABRAR FOUNDATION
## **Notes to the Accounts for the year ended 21 July 2022**
## **3. Expenses and legal fees**
|3
**Direct Charitable expenses**
**Administrative expenses**
Employee costs:
Staff remuneration
Volunteer Expenses
Premises costs:
Rent
Light and heat
General administrative
expenses:
Telephone and Broadband
Orphanage assistance
Stationery and printing
Security System
Community café
Office equipment
Youth services
Education Support
Operational expenses
Lighting & Fixtures
Health assistance
Drought Relief
Families in need
Project expenses
Legal and professional costs:
Accountancy fees
Solicitors fees
**Total Expenses**|**2022**
**2021**
**£**
**£**
**£**
**£**
**Restricted**
**Unrestricted**
**Total**
**Total**
3,242
3,242
3,170
-
-
3,260|
|---|---|
||-
3,242
3,242
6,430|
||23,685
23,685
2,280
1,930
1,930
-|
||-
25,615
25,615
2,280|
||-
-
60
3,894
3,894
17,908
1,685
1,685
-
1,500
1,500
-
4,271
4,271
-
10,625
10,625
-
1,190
1,190
-
177
177
2,274
1,550
1,550
6,977
1,100
1,100
-
-
-
196
3,698
3,698
-
2,866
2,866
1,388
2,135
2,135
1,250|
||-
34,691
34,691
30,053|
||-
-
150
1,200
1,200
-|
||-
1,200
1,200
150|
|||
||**-**
**64,748**
**64,748**
**38,913**|
Page | 12
## ALABRAR FOUNDATION
## **Notes to the Accounts for the year ended 21 July 2022**
## **4 Tangible fixed assets**
|**Cost**
At 22 July 2021
Additions
Surplus on revaluation
Disposals
At 21 July 2022
**Depreciation**
At 22 July 2021
Charge for the year
Surplus on revaluation
On disposals
At 21 July 2022
**Net book value**
At 21 July 2022
At 21 July 2021|**Land and**
**buildings**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**Plant and**
**machinery**
**etc**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**Motor**
**vehicles**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**£**
-
-
-
-|
|---|---|---|---|---|
|||||-|
|||||-
-
-
-|
|||||-|
|||||-|
|||||-|
Page | 13