Company registration number.. 06656591 Charity registration number: 1143949 Somali Adult Social Care Agency IA company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024 The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR
Sornali Adult Social Care Agency Contents Reference and Administrative Details Trustees, Report 2to3 Statement of Trustees. Responsibilities Independent Examiner's Report Statement of Financial ActivitSes Balance Sheet Notes to the Financial Statement5 8t016
Somali Adult Social Care Agency Reference and Administrative Details Chairperson Mrs Anya Asab Ismail Ahmed Trustees Mr Hassan Mahamed Cumar Mrs Anya Asab Ismail Ahmed Mr Ahmed Mohamed Mr Mohamed Abdi Aued Egeh Mr Mohamed Abukar Hassan Mrs Lorna Chesterton Mr David Porter Secretary Mrs Lorna Chesterton Charlty Reglstratlon Nurnber 1143949 Company Reglstratlon Number 06656591 The charity is incorporated in En8land & Wales. 1538 Princess Road Moss Side Manchester M144RE Registered Office Independent Examlner The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR Pa8e I
Somali Adult Social Care Agency Trustees, Report The trustees, who are direttors for the purposes of company law. present the annual report together with the financial statement5 of the charitable company for the year ended 31 March 2024. 5tructurei governance and management Nature of governlng document Somali Adult Social Care Agency 15 a company limited by guarantee to the value of £1 per member and does not have share capital. The charity is governed by the Memorandum and Articles of Association of the company incorporated 25 July 2008 as amended by special resolution registered at Companies house on 15 June 2011. Objertives and actlvltles Objects ondoims The Somali Adult Social Care Agency provides relief of sickness and the preservation of good health, in particular but not exclusively, amongst the Somali community residing permanently 01 temporarily in Manchester and its surroundin8 districts. The Somali Adult Social Care Agency provides Somali elders, in the city of Manchester, support in their daily lives such as dvice for welfare right5, home visitin& interpretation, escortin& supporting GP and Hospital appointments and afternoon Social club. The charity provides free, confidential advice services on the following issues; Welfare ri8ht5, debt issues, education, tralnlng & employment, housing, health issues and immigratlor). Public benefit Tho trustees have ensured they carry out the objectives for the publlc benefit and have lin accordance with 517 Charities Act 20111 had regard to guidance published by the Charity Commission on public benefit when exercising powers or duties where that may be relevant. The trustees confirm that they have complied with the requirements of section 17 of the Charitles Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wale5. Achlevements and performance The Somali Adult Social Care Agency {SASCA> exists to help identify and meet the needs of Somali adults in and around the City of Manchester. Through a mixture of advocacy and advice we try to deal with any issue that clients may have. Most of our work is related to benefits, housing repairs, rehousing. debt, immigration, and cornmunicating with mainstream agencles. We also work with partners {e.g. NHS) to promote health and social care support, leisure activitie5, trainin8 and sign-posting to other agencies. Page 2
Somali Adult Social Care Agency Trustees, Report Financlal revlew Total income for the year amountsto £85,50S12023- £69.7621. Expenditure for the year totals £57.81612023 - £69,227). All income and expenditure relates to unrestrlcted funds.The overall position at the year-end is a surplus of £27,689 {2022- surplus £535). The total reserves carried forward at the year-end are £62,093 12023 - £34.404}. All of the charity reserves are unrestricted. Policy on reserves It is the policy of the trustees to retain such reserves as are necessary to enable the tharity to fulfll Its objectives. The current level of reserves held will cover approximately 50% of the current annual runnin8 Costs and is considered to be adequate. Fund5 in deficit There are no funds in deflcit. Going concern The trustees have a reasonable expectation that the charity will have adequate resources to contlnue In operational existence for the foreseeable future. The charity continues to adopt the golng concern basis on preparing its financial statements. Small companles prov151on staternent This report has been prepared in accordance with the small companies regime underthe Companies Act 2006, The annual reportwas approved bythe trustees ofthe charity on 21 May 2024 and slgned on its behalf by.. Mr Ahmed Mohame Trustee Mr David Porter Trustee Page 3
Somali Adult Social Care Agency Statement of Trustees. Responsibilities The trustees Iwho are also the directors of Somali Adult Social Care Agency for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standard5 Iunited Kingdom Generally Accepted Accounting Practice}, includin8 FRS 102 "The Financial Reportin8 Standard applicable in the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satlsfied that they 8ive a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resource5. In¢ludlng its income and expenditure, of the charitable company for that period. ID preparing these financial statements. the trustees are required to: select sultable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent: state whether applicable accounting standard5, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements: and prepare the financiol statements on the golng concern basis unle55 it is inappropriate to presume that the charitable company will continue In business. The trustees are responsible for keeping proper accounting records that can dlsclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and inte8rity of the corporate and financial Information included on the charitable company's website. Legislation governlng the preparation and dissemination of financial statements may differ from legislation In other jurisdictions. Approved by the stee5 of the charltyon 21 May 2024 and signed on its behalf bv: // Mr Ahmed Moham Trustee David Trustee Page 4
Somali Adult Social Care Agency Independent Examiner's Report to the trustees of Somali Adult Social Care Agency ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report A5 the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 ACYI. 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 respert of my examination of your charityrfs accounts as carried out under section 145 of the Charities Ad 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51{bl of the 2011 Art. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention In connectlon wlth the examination giving me cause to believe.. l. accounting records were not kept in respect of Somali Adult Social Care Agency 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 wlth the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair Vie 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 Practlce for accounting and reporting by charities lapplicable to charities preparing their accounts In accordance with the Financlal Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 10211. 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 understandlng of the accounts to be reached. Mrjohn Saxon F.C.A The Institute of Chartered Accountants in England and Wales The Moffatts Partnership LLP Suite 1.1, First Floor Jackson House Sibson Road Sale M33 7RR 21 May 2024 Page 5
Somali Adult Social Care Agency Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestrlcted funds Total 2024 Total 2023 NotÈ Income and Endowments from: Donations and legacies 85,505 85,505 69,762 Total income 85.505 85,505 69,762 Expenditure on: Charitable activities (55,166} 155,1661 169,2271 Total expenditure {55,166) 155,1661 169,2271 Net income 30,339 30,339 535 Net movement in funds 30,339 30,339 535 Reconclllatlon of funds Total funds brought forward 34,404 34,404 33,869 Total funds carried forward 15 64.743 64,743 34.404 All of the charity's activities derive from continuing operations durin8 the above two periods. The funds breakdown for 2023 is shown in note 15. The notes on page5 8 to 16 form an integral part of these financial statements. Page 6
Somali Adult Social Care Agency (Registration number: 06656591) Balance Sheet as at 31 March 2024 2024 2023 Note Flxed assÉts Tangible assets io 5,318 6,256 Current assets Debtors li 201 572 Cash at bank and in hand 12 60,327 32,664 60.528 33,236 Credltors: Amounts falllng due within one year 13 11,1031 {5,0881 Net current assets 59,425 28,148 Net assets 64,743 34,404 Funds ofthe charlty: Unrestrlcted Income funds Unrestricted funds 64,743 34,404 Total funds 15 64,743 34,404 For the flnancial year endlng 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companles Act 2006 relating to small companies. Directors, responsibilitles.. The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and The directors acknowledge thelr responslbllities for complying with the requirements of the Act with respect to accounting records and the prepardtion of accounts. These financial statements have been prepared in accordance with the special provisions relatin8 to companies subject to the small companie5 regime within Part 15 of the Companies Act 2006. The financial statements on pages 6 to 16 wore approved by the tru5tee5, and authorised for issue on 21 May 2024 and signed on their b If by: Mr Ahmed Mohamed Trustee Mr David Porter Trustee The notes on pages 8 to 16 form an integral part of these financial statements. Page 7
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 I Charlty Status The charity is limited by guarantee, incorporated in En8land & Wales, and consequently does not have share capital. Each of the trustees 15 liable to contribute an amount not exceedin8 £1 towards the assets of the charity in the event of Ilquidation. The address of its registered office is: 1538 Princess Road Moss Slde Manchester M144RE These financial statements were authorised for issue by the trustees on 21 May 2024. 2 Ac¢ountlng pollcles Sumrnary of significant accountlng pollcles and key accountlng estlmates The principal accountin8 policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Statement of Compllance The financial statements have been prepared in accordance with Accountin8 and Reporting by Charltles.. Statement of Recommended Practice lappllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 (issued in Ottober 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Basis of preparation Somali Adult Social Care Agency meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially reco8nised at historical cost or transaction value unless otherwise stated in the relevant accountin8 policy notes. Goin8 concern The trustees consider that there are no material untÈrtainties about the charity's ability to continue as a going concern nor any significant areas of UnrtaintY that affect the carrying value of assets held by the charity. Income and endowments All income 15 recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable Can be measured reliably, Page 8
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 Donatlons und legacies Donations are recognised when the tharity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charlty is entitled to the fund5, the income is deferred and not recognised until either those conditions are fully met. or the fulfilment of those condltlons Is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Grants receivable Grants are recognised when the charity has an entitlement to the funds and any conditlons linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is reco8nised as a liability and included on the balance sheet as deferred income to be released. Expenditufe All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources. with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. All resources expended are inclusive of irrecoverable VAT. Charltable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that ean be allocated diredly to such activities and those costs of an indirect nature necessary to support them. Governance costs These include the costs attributable to the charitys compliance with constitutional and statutory requirements, including audlt, strate8ic management and trustees meetin85 and reimbursed expenses. Government grants Governrnent grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related c05t5 are recoEni5ed. Grants relating to assets are recognised over the Èxpected useful Ilfe of the asset. Where part of a grant relating to an asset 15 deferred, it is recognised as deferred income. Irrecoverable VAT Irrecoverable VAT is charged against the category of resour$ expended for which it was incurred. Page 9
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 Taxatlon rhe charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitsble company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respect of income or capital gain5 received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sertion 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gain5 are applied exclusively to charitable purpose5. Tangible fixed assets Indivldual fixed assets costlng £IOO.ClJ or more are initially recorded at cost. Depreciation and amortisation Depreclatlon is provlded on tangible fixed assets so as to write off the cost or valuation, le55 any estimated resldual value, over thelr expected useful economic life as follows: Asset class Fixtures, Fitting5 & Equipment Depreclatlon method and rate 15% Reduclng Balance Basis Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade Credltors Trade creditors are obligations to pay for 8oods or services that have been acquired in the ordlnary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date, If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the tru5tee5 discretion in furtherance of the obJectives of the charity. Page 10
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 Penslons and other post retirement obllgatlons The charity operates a defined contribution pension scheme which is a pension plan under which fixed contrlbutlons are pald into a pension fund and the charity has no legal or constructive obligation to pay further Contributions even if the fund does not hold sufficient assets to pay all employee5 the benefits relating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is reco8ni5ed as a prepayment. Financial instruments Cla5siJi¢otlon Financlal assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified accordin8 to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset5 Of the charity after deducting all of its liabilities. Re¢o9nitlon ond measurement All flnancial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profil or 1055. which are initially measured at fair value Iwhlch is normally the transaction price excludin8 transactlon costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the finanoal asset or financial liability 15 measured at the present value of the future payment5 discounted at a market rate of interest for a similar debt instrument. Flnancial assets and liabilities are only offset in the statement of financial position when, and only when there exist5 8 legally enforceable right to set off the recognised amount5 and the charity intend5 either to settle on a net basis, or to reali5e the asset and settle the liability simultaneously. Financial assets are derecognised when and onty when al the contractual rights to the c35h flows from the financial asset expire or are settled. bl the charity transfers to another party substantially all of the risks and rewards of ownership of the financlal asset, or c} the charity. despite having retained some, but not all, significant risks and rewards of owner5hipi has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Page 11
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 3 Income from donatlon5 and legacle5 Unrestricted funds General Total 2024 Total 2023 Donations and legacies; Donations from companies, trusts and similar proceeds Donations from individuals Grants, Including capital grants; Government grants Grants from other charfties 66,714 125 66,714 125 65,162 1,600 18,666 18,666 1,500 1,500 85,505 85,505 69,762 4 Expenditure on charitable activities Unrestrirted frjnds Genernl Total 2024 Total 2023 Wages & Salaries Direct expenses Training Costs Rent & Rates 35.294 2,408 35,294 2,408 36,122 4,895 470 6,614 410 229 6,614 410 6,322 663 Light, Heat & Power Insurance Office expenses Printin& Postage & Stationery Cleaning Subscriptions Travel 229 299 1,198 584 445 445 308 23 23 271 35 35 35 106 Volunteer expenses Computer Software & Maintenance Sundry Expenses Depreciation Refreshments 2,920 1.284 2,920 1.284 4,832 1,288 222 938 938 1,104 1,088 9,628 376 376 Governance costs 3,852 30 3,852 30 Pension Costs 55.166 55,166 69,127 Page 12
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 5 Analysis of governance and support Costs Governan¢e c05t5 Unrestricted fund5 General Total 2024 Total Z023 Independent examiner fees Examination of the financial statements 2,974 878 2,974 878 2,520 1,820 5,288 Legal fees Other governance costs 3,852 3,852 9,628 6 Trustees remuneratlon and expenses No trustees, nor any persons connected with them, have recelved any remuneration from the charlty durin8 the year. No trustees have received any reimbursed expenses or any other benefits from the charity durin8 the year. 7 Staff costs The aggregate payroll costs were as follows: 2024 2023 Staff costs durlng the year were: Wages and salaries Pension costs 35,294 30 36,222 Other staff costs 470 35,324 36,692 The monthly average number of persons (including senior management / leadership team) employed by the charity durin8 the year expressed as full time equivalents was as follows- 2024 No 2023 EmployeÈs No employee received emoluments of morethan £60,000 duringtheyear. Page 13
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 8 IndÈpendent examÉner's remuneration 2024 2023 Examinatlon of the financial statement5 2.974 2,520 9 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 10 Tanglble fixed assets Furniture and equipment Total Cost At l April 2023 13,367 13,367 At 31 March 2024 13,367 13.367 Depreciation At l April 2023 Charge for the year 7,111 938 7,111 938 At 31 March 2024 8,049 8,049 Net book value At 31 March 2024 5,318 5,318 At 31 March 2023 6,256 6,256 11 Debtofs 2024 2023 Prepayment5 Other debtors 201 201 371 201 572 12 Cash and cash equivalents PaEe 14
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 2024 2023 Cash on hand Cash ot bank 20 32,644 60,326 60,327 32,664 13 Credltors: amounts falllng due within one year 2024 2023 Trade creditors Other taxation and social security Other creditors 596 2,046 522 404 103 Accruals 2,520 1,103 5,088 14 Penslon and other schemes Deflned contribution pension scheme The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £3012023 - £Nill. IS Funds Balance at I April 2023 Incomine resources Resources expended Balance at 31 March 2024 Unrestricted funds Generol General 34,404 85.505 155,166) 64,743 Balance at I Aprll 2022 Incoming resour$ Resour$ expended Balance at 31 March 2023 Unrestrltted funds General General 33,869 69.762 169,2271 34.404 Page 15
Somali Adult Social Care Agency Notes to the Financial Statements for the Year Ended 31 March 2024 16 Analysi5 of net assets between funds Unrestricted funds General Total funds at 31 March 2024 Tangible fixed assets Currentassets 5,318 60,528 11,1031 5,318 60,528 11,1031 Current Ilabllities Total net assets 64.743 64,743 Unrestricted funds General Totsl funds at 31 MaTch 2023 Tan8ible fixed assets Current assets 6,256 33,236 (5,0881 6,256 33,236 (5,088) Current liabilities Total net assets 34,404 34,404 17 Analysis of net lunds Financing cash flows At 31 March 2024 At l April 2023 Cash at bank and in hand 32,664 27,662 60.326 Net debt 32,664 27,662 60,326 Financing cash flows At 31 Mareh 2023 At l Aprll 2022 Cash at bank and in hand 32,790 11261 32,664 Net debt 32,790 11261 32,664 Page 16
Somali Adult Social Care Agency Statement of Financial Activities by fund for the Year Ended 31 March 2024 Unrestricted Funds Total Total Unrestrlcted Unrestrirted Fund5 Funds 2024 2023 Incorne and Endowments from: Donations and le8acies 85,505 69,762 Total income 85,505 69,762 Expenditure on: Charitable activities 155,1661 (69,227 Total expenditure 155,1661 169,2271 Net income 30,339 535 Net movement in funds 30,339 535 Reconeiliation of funds Total funds brought forward 34,404 33,869 Total funds carried forward 64,743 34,404 This page does not form part of the statutory financial statements. Page 17
Somali Adult Social Care Agency Detailed Statement of Financial Activities for the Year Ended 31 March 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies lanalysed below) 85,505 69,762 Total income 85,505 69,762 Expenditure on: Charitable activities lanalysed below) 155,1661 (69,2271 Total expenditure 155,166} 169.227} Net income 30,339 535 Net movement in funds 30,339 535 Reconciliation of funds Total fund5 brought forward 34,404 33,869 Total fund5 carried forward 64.743 34,404 Thi5 pa8e does not form part of the statutory financial statements. Page 18
Somali Adult Social Care Agency Detailed Statement of financial Activities for the Year Ended 31 March 2024 Total 2024 Totsl 2023 Donations und legocles Appeals and donations Trusts and foundations 125 1,600 65,162 1,500 1,500 66,714 18,666 UK Government grants Grants- other agencies 85,505 69,762 Choritoble artlvltles Direct costs 2,408 44S 4,895 1,197 106 Office expenses Travel and subsistence Computer Software & Maintenance Sundry Expenses Volunteer expenses Refreshments 1,284 1,288 223 2,920 376 23 4,832 1.088 271 Cleanlng Wages and salaries Staff pensions Ioefined contribution) - penslon scheme I Staff trainlng Rent and rates Light, heat and power Insurance 35,294 30 36,222 470 6,322 663 6,614 411 229 299 Printlng, postage and stationery Trade subscriptions Depreciation of fixtures and fittings Independent examiner's fee Consultancy fees Legal and professional fees 307 35 35 938 1,104 2,520 5,288 1,820 2,974 878 55,166 69,227 This page does not form part of the statutory financial statements. Page 19