JUBBA YOUTH COMMUNITY ASSOCIATION
Accounts & Reports
For the year ended 31 March 2021
## JUBBA YOUTH COMMUNITY ASSOCIATION
Contents For the year ended 31 March 2021
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|
## JUBBA YOUTH COMMUNITY ASSOCIATION
||Legal and Administrative Information||
|---|---|---|
||For the year ended 31 March 2021||
|Status:|The organisation is a charitable company limited by guarantee,||
||incorporated on 26 February 2009.||
|Company Number:|6831271||
|Charity number|1148342||
|Registered Office|536 Holloway Road, London, N7 6JB||
|Business Address:|536 Holloway Road, London, N7 6JB||
|Directors:|Mr Amin Hussein
-|Director/ Chair|
||Mr Zakaria Abdulkadir
-|Director|
||Mr Abdi Abdulkadir
-|Director|
|Bankers:|Metro Bank||
||136 High Rd, Wood Green,||
||London N22 6EB||
|Accountants:|Issa Associates||
||Certified Accountants and Tax Consultants||
||116 Cumberland House||
||80 Scrubs Lane||
||London, NW10 6RF||
1
## JUBBA YOUTH COMMUNITY ASSOCIATION
## Directors Report
For the year ended 31 March 2021
## _Objective_
The objectives of Jubba Youth Community Association are:
1. Build capacity of young people to present themselves by developing leadership skills and building confidence
2. To provide support, advice and guidance for young refugees and the wider Somali community through educative programmes and cultural projects
3. Provide a safe and open space for young people to talk about issues affecting them
_Legal structure_
The Jubba Youth Community Association is a company limited by guarantee and is registered with Companies House.
## _Financial statements_
The directors submit their report and financial statements for the year ended 31 March 2021.
## _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 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_
## JUBBA YOUTH COMMUNITY ASSOCIATION
## Directors Report (continued)
For the year ended 31 March 2021
## _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 3 elected trustee members, and is staffed by 15 volunteers. The office is open from Monday to Friday between 10.00am and 4.00pm.
The core of the charity’s work continues to be in the areas of youth engagement and community development as well as the provision of advice and information to young people. During the past year the Charity has engaged over 50 young people through mentoring and sports activities. Many young people have benefited from these projects and have been given the opportunity for their voices to be heard and provided with various support services. We have also developed young leaders for the community who are now young leaders within the community as they possess leadership skills.
This report was approved by the board and signed on its behalf by:
Chair Amin Hussein
Date: 14 December 2021
3
## JUBBA YOUTH COMMUNITY ASSOCIATION
Independent examiner’s report
For the year ended 31 March 2021
I report on the accounts of the company for the year ended 31 March 2021, 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 Certified Accountants and Tax Consultants 116 Cumberland House 80 Scrubs Lane London, NW10 6RF
Date: 14 December 2021
_4_
## JUBBA YOUTH COMMUNITY ASSOCIATION
## Statement of Financial Activities
For the year ended 31 March 2021
|Notes
_Income_
_Grants and Donations_
Charitable donations and gifts
Finsbury Park Mosque/GLA
HMRC JRS grant
Islamic Aid
Interlock
Misc income
_Expenditure_
Sports and youth activities
Rent and hall hire
Fundraising events
Wages and salaries
Youth trips
Equipment and materials
Organisational developments
Consultancy costs
Bank charges
Insurance
Office costs and stationery
Travel and subsistence
Volunteer expenses
Legal and professional fees
Admin and other costs
Total expenditure
Surplus/(deficit) for the period|Unrestricted
£
147,826
-
13,752
-
-
4,050
165,628
59,736
6,500
1,350
32,201
7,499
12,395
2,800
7,850
25
600
13,171
1,620
9,800
300
7,750
163,596
2,031|Restricted
£
-
26,584
-
-
-
26,584
13,984
-
-
13,752
-
-
-
-
-
-
-
-
292
-
135
28,164
(1,580)|2020
Total funds
Total funds
£
£
147,826
164,612
26,584
37,096
13,752
-
-
4,931
-
-
4,050
530
192,212
207,170
73,720
111,437
6,500
3,750
1,350
3,200
45,953
21,441
7,499
34,500
12,395
7,700
2,800
3,500
7,850
7,850
25
10
600
600
13,171
13,600
1,620
2,281
10,092
9,500
300
-
7,885
4,547
191,760
223,916
452
(16,746)
2021|
|---|---|---|---|
5
## JUBBA YOUTH COMMUNITY ASSOCIATION
## Balance Sheet
For the year ended 31 March 2021
|Notes
_Fixed assets:_
Office equipment
_Current Assets:_
Cash at bank and in hand
_Current liabilities payable within 1 year:_
Creditors and accruals
_Net Current Assets_
_Total Assets less current liabilities_
_Funds:_
Balance for the period
Balance brought forward|£
£
£
£
-
-
19,656
19,204
19,656
19,204
(300)
(300)
19,356
18,904
19,356
18,904
452
(16,746)
18,904
35,650
19,356
18,904
2020
2021|
|---|---|
|||
For the financial year ended 31 March 2021, 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 5 to 6 were approved by the board and signed on their behalf by:
**………………………………..** Chair
Date: 14 December 2021
A. Hussein
6
## JUBBA YOUTH COMMUNITY ASSOCIATION
## Notes to the Accounts
For the year ended 31 March 2021
- 1 Basis of accounting
The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with Statement of Recommended Practice (SORP 2015), "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 expenditure_
All income and expenditure is accounted for on accrual basis.
## 2.2 _Fund Accounting_
General funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are funds subject to specific restrictive conditions imposed by donors.
- 2.2 _Tangible Fixed assets and 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.
## 2.3 _Status_
The charity is a company limited by guarantee. The members are the trustees named on page 1. The liability in respect of the guarantee, as set out in the Memorandum, is limited to £1 per member of the company.
7