## KAFAALO FOUNDATION
Accounts & Reports
For the year ended 28 February 2025
## KAFAALO FOUNDATION
Contents For the year ended 28 February 2025
Page
|Legal and administrative information|1|
|---|---|
|Trustees’ report|2-3|
|Independent examiner’s report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7-10|
## KAFAALO FOUNDATION
Legal and Administrative Information For the year ended 28 February 2025 Status: The organisation is a registered charity and a company limited by guarantee, registered as a charity on 6[th] October 2011. Company Number: 13219616 Charity Number: 1144166 Registered Office: 391 High Road, Wembley, HA9 6AA. Business Address: 391 High Road, Wembley, HA9 6AA. Trustees: Mr Ahmed Osman - Chair Mr Abukar Hassan Arab - Member Mr Said Mohamed - Member Mr Ahmed Barre - Member Bankers: Barclays Bank PLC Wembley Park Royal Accountants: Issa Associates Certified Accountants & Tax Consultants 116 Cumberland House 80 Scrubs Lane London, NW10 6RF
1
## KAFAALO FOUNDATION
## Directors Report
For the year ended 28 February 2025
## _Objective_
The objectives of Kafaalo Foundation are as following:
- To promote social inclusion for the public benefit by working with people in UK who are socially excluded on the grounds of their ethnic origin, religion, belief or creed (in particular, members of Somali community)
- To relieve the needs of such people and assist them to integrate into society, in particular by: (1) providing a local network group that encourages and enables members of the Muslim community to participate more effectively with the wider community; (2) increasing, or coordinating, opportunities for members of the Muslim community to engage with service providers, to enable those providers to adapt services to better meet the needs of that community. (3) providing education and training. (4) providing social and recreational facilities and events involving the local community.
## _Legal structure_
Kafaalo Foundation is a registered company limited by guarantee and is registered with Charities Commission.
## _Financial statements_
The directors submit their report and financial statements for the year ended 28 February 2025.
## _Policies:_
## _Reserve policy:_
The charity currently operates with minimal reserves. The directors are endeavouring to build up its donor base with a view to having reserves equal to 3-6 months operating expenditure.
## _Risk(s) review:_
The directors have recently reviewed the major risks faced by the charity. This has resulted in efforts to raise unrestricted funds, increase charity’s donor base.
_2_
## KAFAALO FOUNDATION
Directors Report (continued)
For the year ended 28 February 2025
## _Responsibilities_
Acting directors are responsible for keeping proper accounting records which disclose at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.
Acting directors oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the company.
Directors are also responsible for safeguarding the assets of the company. They are elected and replaced as set out in the Memorandum and Articles of Association.
## _Activities and Achievements_
The charity is managed by the elected trustee members and is staffed by 11 volunteers. The office is open from Monday to Friday between 10.00am and 6.00pm.
During the past financial year, the charity completed the following programs and services:
- Orphan sponsorship (in partnership with Orphans in Need) by providing financial support, education and welfare for orphans in Somaliland
- Ramadan & Eid Assistance: Distributing Iftar meals, Eid clothes, and food parcels to struggling families
- Water & Drought Relief: Delivering clean water and water tanks during drought periods
- Winter Aid: Supplying blankets and warm clothing to protect against winter cold
- UK Somali Community Support: Organizing local events, offering cultural support, and aiding Somali families in the UK with resources and guidance
The organisation also undertook various community empowerment workshops and is actively involved in raising awareness of the issues that matter to the community.
This report was approved by the board and signed on its behalf by:
.................................... Ahmed Osman Chair Date: 15[th] August 2025
3
## KAFAALO FOUNDATION
Independent examiner’s report
For the year ended 28 February 2025
I report on the accounts of the charity for the year ended 28 February 2025, which are set out on pages 5 to 6.
## _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 accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 43 of the 1993 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
- to state whether particular matters have come to my attention.
## _**Basis of independent examiner’s report**_
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 disclosures 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 consequently 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 examiner’s statement**_
In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- • to prepare accounts which accord with the accounting records, comply with the accounting requirements 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;
## _Issa Associates_
Issa Associates Certified Accountants & Tax Consultants 116 Cumberland House 80 Scrubs Lane London, NW10 6RF
Date: 15[th ] August 2025
_4_
## **KAFAALO FOUNDATION**
## **Statement of Financial Activities**
## **For the year ending 28 February 2025**
|**Notes **
**_Incoming resources_**
From charitable activities
2
Investment income
2
**Total incoming resources**
**_Resources expended_**
Charitable activities
3
Governance costs
4
**Total Resources Expended**
Less Adjustment
Net resources for the year
Fund balances at 28 February 2023
**Fund balances at 29 February 2024**|**Unrestricted**
**Restricted**
**2025**
**2024**
**funds**
**funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
10,490
83,379
93,869
7,048
-
-
-
-
**10,490**
**83,379**
**93,869**
**7,048**
8,757
78,094
86,851
7,074
600
-
600
313
**9,357**
**78,094**
**87,451**
**7,387**
1,133
5,285
6,418
(339)
-
302
302
641
**1,133**
**5,587**
**6,720**
**302 **|
|---|---|
5
## **KAFAALO FOUNDATION**
## **Balance Sheet**
## **For the year ending 28 February 2025**
|Notes
**_Fixed assets_**
Tangible assets
5
**_Current Assets:_**
Debtors
Cash at bank and in hand
**_Creditors:_**_amounts falling_
due within one year
6
**_Net Current Assets_**
**_Total Assets less current liabilities_**
**_Funds of the charity:_**
Restricted funds balance at 28-02-2025
Unrestricted funds balance at 28-02-2025|£
£
£
£
-
-
-
-
6,796
1,552
6,796
1,552
(76)
(1,250)
6,720
302
6,720
302
5,587
302
1,133
-
6,720
302
2025
2024|
|---|---|
|||
For the financial year 28 February 2025, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 1 to 6 were approved by the board and signed on their behalf by:
**………………………………..**
Date: 15 August 2025
Ahmed Osman Chair
6
## **KAFAALO FOUNDATION**
## **Notes to the Accounts**
## **For the year ending 28 February 2025**
## **1 Accounting Policies**
- _1.1 Basis of accounting_
The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with the Statement of Recommended Practice, _Accounting and Reporting by Charities_ (Revised SORP 2015) and the Financial Reporting Standard for Smaller Entities.
- _1.2 Incoming Resources_
Grants and donations are recognised on accruals basis.
Incoming resources are reported gross.
## _1.3 Resources Expended_
Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.
Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.
## _1.4 Depreciation_
Tangible fixed assets are stated at cost less depreciation.
Provision for depreciation of tangible fixed assets held by the charity is made at an annual rate of 25% on straight line basis.
7
## **KAFAALO FOUNDATION**
## **Notes to the Accounts**
## **For the year ended 28 February 2025**
## **2. Grants and Donations**
|Other grants & donations
**2. Investment Income**
Interest receivable
Total Incoming Resources|Unrestricted
Funds
£
10,490
10,490
Unrestricted
Funds
£
-
10,490|Restricted
Funds
£
83,379
83,379
Restricted
Funds
£
-
83,379|2025
Total
£
93,869
93,869
2025
Total
£
-
93,869|2024
Total
£
7,048|
|---|---|---|---|---|
|||||7,048|
|||||2024
Total
£|
|||||-|
||||||
|||||7,048|
8
## **KAFAALO FOUNDATION**
## **Notes to the Accounts**
## **For the year ending 28 February 2025**
## **3a. Direct Charitable Expenditure**
|Notes
Unrestricted
Funds
£
Donation -East Africa
-
Ramadan and Eid Assistance
-
Events and Outings
-
Rent and hall hire
-
Publicity and promotions
7,095
Donation - Others
-
7,095
**3b. Support Costs**
Unrestricted
Funds
£
Equipment and stationery
1,374
288
1,662
Total Charitable Activities
8,757
**4. Governance**
Unrestricted
Funds
£
Accountancy fees
600
600
Total Resources Expended
9,357
bank charges|Restricted
Funds
£
27,167
30,436
15,491
5,000
-
-
78,094
Restricted
Funds
£
-
-
-
78,094
Restricted
Funds
£
-
-
78,094|2025
Total
2024
Total
£
£
27,167
4,189
30,436
-
15,491
-
5,000
-
7,095
-
-
2,795
85,189
6,984
2025
Total
2024
Total
£
£
1,374
-
288
90
1,662
90
86,851
7,074
2025
Total
2024
Total
£
£
600
313
600
313
87,451
7,387|
|---|---|---|
9
## **KAFAALO FOUNDATION**
## **Notes to the Accounts**
## **For the year ending 28 February 2025**
|**5**
**Tangible Fixed Assets**
**6**
**Creditors – Amounts falling due within one year**
**Cost**
At 28 February 2025
Other Creditors
At 29 February 2024
Charged in the Year
At 29 February 2024
**Net Book Value**
At 28 February 2025
At 29 February 2024
At 28 February 2025
Additions
**Depreciation**|**Office**
**Equipment**
**Total**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2025
2024
£
£
76
1,250
76
1,250|
|---|---|
10