REGISTERED COMPANY NUMBER: 08116226 (England and Wales)
```
REGISTERED CHARITY NUMBER: 1149416
```
```
Report of the Trustees and
Financial Statements for the Year Ended 30 June2023
for
SOMALI PARENTS NETWORK LTD
```
```
Alabo Accountants
21 Anglesea Road
Woolwich
London
SE18 6EG
```
```
SOMALI PARENTS NETWORK LTD
```
```
Contents of the Financial Statements
for the Year Ended 30 June2023
```
||`Page`|
|---|---|
|`Report of the Trustees`|`3 to 6`|
|`Independent Examiner's Report`|`7`|
|`Statement of Financial Activities`|`8`|
|`Balance Sheet`|`9 to 10`|
|`Notes to the Financial Statements`|`11om to 13`|
|`Detailed Statement of Financial`|`14`|
|`Activities`||
```
SOMALI PARENTS NETWORK
(A Company Limited by Guarantee)
```
## **`TRUSTEES’ REPORT FOR THE YEAR ENDED 30 June2023`**
## **`Trustees`**
```
Abdi Farah Chair
Essa Mohammed Secretary
Abdifatah Ismail Treasurer
```
## **`Independent examiner`**
```
Alabo Accountants
21 Anglesea Road
Woolwich
London
SE18 6EG
```
```
3 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Report of the Trustees for the Year Ended 30 June2023`**
## **`Chair Report`**
```
It’s been another deeply challenging year for the a lot of people who come to us
for help, for our service, and for our volunteers and staff. Coming so soon after
the pandemic, the cost-of-living crisis we’ve been battling is the culmination of
15 years of global economic and geopolitical upheaval and austerity. We help people
in local communities across Greenwich and surrounding boroughs to find solutions to
problems—whether that’s a volunteer adviser supporting someone with problems, or a
helping community to engage with services —and we see the whole person. We’re now
helping ten times more people through our drop-in sessions, with face-to-face
appointment.
```
```
We have secured new funding streams from Royal Borough of Greenwich for the next
three years. This will help us to Innovate to keep meeting peoples’ changing needs,
we will increase our online content so people can get advice from us 24 hours a
day, expanded our one-to-one advice channels to include webchat and email.
Our tireless advocacy since then has included working with external agencies in
partnership to help get grants for our service users to help them pay energy bills,
access government support. Supporting our services to adapt and respond more
effectively than ever to peoples’ changing needs and local voluntary sector are
working hand in hand to strengthen our quality advice provision. Our mix of
frontline experience and local community engagement enabling us to effect change
and shape a society where people face far fewer problems.
```
```
I'm encouraged to see how we continue to develop the relationships and ways of
working between local voluntary organisation and the Council. We are one service
dedicated to supporting the most vulnerable people in society and our combined
success is measured by how we help people find a way forward together. We're also
working as a whole service to focus on equity, diversity, and inclusion both for
client outcomes and the experiences of our volunteers and staff.
```
```
I would like to thank everyone across the service and our many partners for their
support, advice, and help —particularly our incredible volunteers, who strengthen
our service by giving so generously with their time. We’re grateful to them for
sharing their insights into how volunteering with us can help grow confidence and
life skills, giving people an opportunity to flourish. It can restore a sense of
purpose when difficulties in life have left them feeling lost. And it gives a real
sense of achievement seeing the difference they can make, as individuals and as
part of our organisation. We couldn’t deliver our services without our volunteers.
Thank you to everyone who gives their time and experience to supporting our
purpose, in helping so many people move forward.
```
```
Thank you.
```
## **`Abdi Farah Chair`**
## **`Objectives, Activities & Public Benefit`**
```
Somali Parents Network’s core aims are:
```
- I) `Provide a voice to its beneficiaries, particularly those with poorer outcomes to shape local services and policy planning processes.`
- II) `Provide activities that effectively promote and coordinate engagement with stakeholder groups on the needs and aspirations of the beneficiaries.`
- III) `To develop the capacity and skills of the beneficiaries in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.`
```
4 | Page
```
```
The Somali Parents Network provides free, independent, confidential and impartial
advice and information to everyone on their rights and responsibilities. It values
diversity, promotes equality and challenges discrimination.
```
```
The trustees confirm that they have referred to the guidance contained in the
Charity Commissions general guidance on public benefit when reviewing the charity’s
aims and objectives and in planning future activities and setting the grant making
policy for the period.
```
## **`Vision`**
```
Our vision is to improve access to services to reduce social exclusion among the
Somali community who are experiencing poorer outcomes.
```
## **`Mission`**
```
The Somali Parents Network aims to improve the quality of life of The Somali
community who experiencing extremely disadvantaged situations in our local
community by:
```
```
• Tackling inequality and promoting social inclusion for the benefit of Somali
communities in Greenwich
```
```
• Promoting the interests of local Somali community by ensuring their views and
needs are represented in social policy areas e.g. access to services, civic
engagement and people who encounter poorer quality of life outcomes.
```
```
• Providing a bridging service to enable Somali children and parents to access
family support services and other relevant services.
```
```
• To strengthen its capacity to ensure the growth and sustainability of the
organisation’s objectives.
```
- `Engage wider participation from within the Somali community.`
## **`Values`**
```
Somali Parents Network Service believes that every member of society is entitled to
access the same information and services, and to be aware of their basic rights as
an equal citizen.
```
```
We provide: -
```
`1.` **`Provide`** `a safe, relaxed and accessible environment for people to openly discuss their situation.`
`2.` **`Empower`** `people to seek solutions, through practical advice, guidance & exploring options`
`3. Provide empathetic` **`listening`**
`4. Are` **`non-judgemental`**
`5.` **`Respect`** `the whole person and are individual client centred`
`6. Are` **`solution`** `focused`
`7.` **`Persist`** `in seeing people through their crises`
`8.` **`Signpost`** `people to other agencies as appropriate`
`9.` **`Recognise`** `that clients may want us to limit what we do for them`
`10.` **`Respond`** `accordingly to constructive criticism & suggestions`
## **`Achievements and performance of the Charity`**
```
Despite losing more than 100% of our funding at the end of March 2020 during the
lock down. We continued to provide help and support for clients via Zoom Generalist
Advice service. We have also delivered facetime advice services in the service
user’s homes.
```
## **`Signposting and Bridging Service`**
```
The SPN signposting and bridging service is offered 1:1 support by phone. Between
July 2022 and June2023, the service delivered over 190 signposting and bridging
sessions to approximately 75-80 people across the borough. Clients needed extra
help and support because they were faced with an unfamiliar system and could not
navigate their way through it or they may have a physical or mental health
condition which is affecting their interaction with services. There were 35
telephone sessions and 120 face-to-face sessions via zoom for the year, and the
evaluation found key differences in the people accessing the service by each
channel.
```
```
The face-to-face zoom sessions was reached by the greatest proportion of people
```
```
5 | Page
```
```
most vulnerable to the consequences of poor language and poor health conditions,
who were more economically disadvantaged. By contrast, the phone reached a greater
proportion of those people least vulnerable to the consequences of poor language
and cultural barriers, who were less economically disadvantaged.
Strategic Representation
```
```
Through community engagement, our unique and extensive knowledge of issues that
affect our clients enable us to collate individual stories and voice these at a
local level. This enables us to solve their problems at strategic level. Key
examples of our achievements in 2022/2023 include:
```
- `Responding 5 surveys and consultations events`
- `Attending 10 zoom local forums to feed strategic community needs and issues`
- `Organising Somali groups to have a common voice and meet councillors to`
- `present their needs`
```
In addition to strategic representation, we empower our clients and community to
engage with society and make difference to issues that matter – examples include;
- Working with partners to set up after school childcare to improve single
parents’ confidence to undertake training and employment. 15 women gained
employment.
```
- `Working with local children centres to access provision of children centre i.e. ESOL and parenting programmes for parents to improve their parenting and language skills.`
- `Assisting families effected by welfare reform to maximise their income.`
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
08116226 (England and Wales)
```
## **`Registered Charity number`**
```
1149416
```
## **`Registered office`**
```
131A Kingsman Street
Woolwich
London
SE18 5PS
```
```
Mr Abdi Farah - Chair ............................
```
```
11/03/2024
Date: .............................................
```
```
6 | Page
```
## **`Independent Examiner's Report to the Trustees of SOMALI PARENTS NETWORK LTD`**
```
I report on the accounts for the Year Ended 30 June2023 set out on pages seven to
twelve.
```
## **`Respective responsibilities of trustees and examiner`**
```
The charity's trustees (who are also the directors for the purposes of company law)
are responsible for the preparation of the accounts. The charity's trustees consider
that an audit is not required for this year (under Section 144(2) of the Charities
Act 2011 (the 2011 Act)) and that an independent examination is required.
```
```
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 145 of the 2011 Act`
- `to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and`
- `- to state whether particular matters have come to my attention.`
## **`Basis of the 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
statements below.
```
## **`Independent examiner's statement`**
```
In connection with my examination, no matter has come to my attention:
```
- `(1) which gives me reasonable cause to believe that, in any material respect, the requirements`
- `to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and`
- `to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 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; or
```
- `(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.`
```
Alabo Accountants
21 Anglesea Road
Woolwich
London
SE18 6EG
DA1 2AG
```
```
11/03/2024
Date: .............................................
```
```
7 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Statement of Financial Activities for the Year Ended 30 June2023`**
|||||`2023`|`2022`|
|---|---|---|---|---|---|
|||`Unrestricted`|
`Restricted`|`Total`|`Total`|
|||`fund`|
`fund`|`funds`|`funds`|
||`Notes`|
`£`|`£`|`£`|`£`|
|**`INCOMING RESOURCES`**||||||
|**`Incoming resources from generated`**||||||
|**`funds`**||||||
|`Voluntary income`||`22,528`||`22,528`|`17,531`|
|**`Incoming resources from charitable`**||||||
|**`activities`**||`1,275`|
`9,250`|`10,525`|`4,320`|
|`Charitable activity`|||||`-`|
||||||`-`|
|**`Total incoming resources`**||`23,803`|
`9,250`|`33,053`|`21,851`|
|**`RESOURCES EXPENDED`**||||||
|**`Charitable activities`**||||||
|`Charitable activity`||`14,943`|
`4,981`|`19,924`|`30,778`|
|`Support Cost`||`5,510`|
`1,837`|`7,347`|`122`|
|**`Governance costs`**|||||`-`|
|**`Total resources expended`**||`20,453`|
`6,818`|`27,271`|`30,900`|
|**`NET INCOMING/(OUTGOING) RESOURCES`**||`3,351`|
`2,432`|`5,783`|`(9,049)`|
|**`RECONCILIATION OF FUNDS`**||||||
|**`Total funds brought forward`**||`3,833`||`3,833`|`12,882`|
|**`TOTAL FUNDS CARRIED FORWARD`**||`7,184`|
`2,432`|`9,616`|`3,833`|
```
8 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Balance Sheet At 30 June2023`**
||||||`2023`|
`2022`|
|---|---|---|---|---|---|---|
||||`Unrestricted`|
`Restricted`|
`Total`|
`Total`|
||||`fund`|
`fund`|
`funds`|
`funds`|
||`Notes`||`£`|`£`|`£`|`£`|
|**`FIXED ASSETS`**|||||||
|`Tangible assets`||`5`|
`5,764`||`5,764`|
`5,234`|
|**`CURRENT ASSETS`**|||||||
|`Debtors`||`6`|
`40`||`40`|
`74`|
|`Cash at bank and in hand`|||`3,762`|
`2,433`|
`6,195`|
`412`|
||||`3,802`|
`2,433`|
`6,235`|
`486`|
|**`CREDITORS`**|||||||
|`Amounts falling due within one`|||||||
|`year`|||||||
|||`7`|
`(2,383)`||`(2,383)`|`(1,887)`|
|`NET CURRENT ASSETS`|||`1,419`|
`2,433`|
`3,852`|`(1,401)`|
|**`TOTAL ASSETS LESS CURRENT`**|||||||
|**`LIABILITIES`**|||||||
||||`7,183`|
`2,433`|
`9,616`|
`3,833`|
|**`NET ASSETS`**|||`7,183`|
`2,433`|
`9,616`|
`3,833`|
|**`FUNDS`**||`8`|||||
|`Unrestricted funds`|||||`9,616`|
`3,833`|
|`Restricted funds`|||||||
|**`TOTAL FUNDS`**|||||`9,616`|
`3,833`|
```
9 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Balance Sheet - continued At 30 June2023`**
```
The charitable company is entitled to exemption from audit under Section 477 of the
Companies Act 2006 for the Year Ended 30 June2023.
```
```
The members have not required the charitable company to obtain an audit of its
financial statements for the Year Ended 30 June2023 in accordance with Section 476
of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a ensuring that the charitable company keeps accounting records that comply with ) Sections 386 and 387 of the Companies Act 2006 and`
- `(b preparing financial statements which give a true and fair view of the state of ) affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 financial statements, so far as applicable to the charitable company.`
```
These financial statements have been prepared in accordance with the special
provisions of Part 15 of the Companies Act 2006 relating to small charitable companies
and with the Financial Reporting Standard for Smaller Entities (effective April
2008).
```
```
The financial statements were approved by the Board of Trustees on
............................................. and were signed on its behalf by:
```
```
.............................................
Mr A Farah -Chair
```
```
11/03/2024
Date: .......................................
```
```
10 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Notes to the Financial Statements for the Year Ended 30 June2023`**
## **`1. ACCOUNTING POLICIES`**
## **`Accounting convention`**
```
The financial statements have been prepared under the historical cost
convention, and in accordance with the Financial Reporting Standard for Smaller
Entities (effective April 2008), the Companies Act 2006 and the requirements
of the Statement of Recommended Practice, Accounting and Reporting by Charities.
```
## **`Incoming resources`**
```
All incoming resources are included on the Statement of Financial Activities
when the charity is legally entitled to the income and the amount can be
quantified with reasonable accuracy.
```
## **`Resources expended`**
```
Expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to
activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciation is provided at the following annual rates in order to write off
each asset over its estimated useful life.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at
the discretion of the trustees.
```
```
Restricted funds can only be used for particular restricted purposes within the
objects of the charity. Restrictions arise when specified by the donor or when
funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the
notes to the financial statements.
```
## **`2. NET INCOMING/(OUTGOING) RESOURCES`**
```
Net resources are stated after charging/(crediting):
```
||`2023`|`2022`|
|---|---|---|
||`£`|`£`|
|`Depreciation - owned assets`|`1,265`|`1,308`|
## **`3. TRUSTEES' REMUNERATION AND BENEFITS`**
```
There were no trustees' remuneration or other benefits for the year 2022 nor
for the Year Ended 30 June2023.
```
## **`Trustees' expenses`**
```
There were no trustees' expenses paid for the year 2022 nor for the Year Ended
30 June2023.
```
```
11 | Page
```
## **`SOMALI PARENTS NETWORK LTD`**
## **`Notes to the Financial Statements - continued for the Year 2022`**
|**`4.`**
**`STAFF COSTS`**
`Wages and salaries`
`Social security costs`
`The average monthly number of employees during the year was`
`No employees received emoluments in excess of £60,000.`
**`5.`**
**`TANGIBLE FIXED ASSETS`**
**`COST`**
`At 1 July 2022 and 30 June2023`
**`DEPRECIATION`**
`At 1 July 2022`
`Charge for year`
`At 30 June2023`
**`NET BOOK VALUE`**
`At 30 June2023`
`At 30 June 2022`
**`6.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other debtors`
**`7.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`Taxation and social security`
`Other creditors`|`2023`
`2022`
`£`
`£`
`19,924`
`19,344`
`817`
`444`
`20,741`
`19,788`
`as follows:`
`2023`
`2022`
`2`
`2`
`Plant and`
`machinery`
`etc`
`£`
`10,979`
`3,948`
`1,267`
`5,215`
`5,764`
`5,234`
`2023`
`2022`
`£`
`£`
`40`
`74`
`2023`
`2022`
`£`
`£`
`-`
`-`
`-`
`-`
`2,383`
`1,887`|
|---|---|
|||
```
12 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
## **`Notes to the Financial Statements - continued for the Year2023`**
## **`8. MOVEMENT IN FUNDS`**
|`At`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
**`TOTAL FUNDS`**|`1/7/21`
`Net`
`movement`
`in funds`
`At 30/6/22`
`£`
`£`
`£`
`3,833`
`(483)`
`3,350`
`-`
`2,433`
`2,433`
`3,833`
`1,950`
`5,783`|
|---|---|
|`Net movement in funds, included in the`|`above are as follows:`|`above are as follows:`||
|---|---|---|---|
||`Incoming`|`Resources`|`Movement`|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`22,528`|`(19,178)`|`3,350`|
|`Council of Somali Organisations`|`1,275`|`(1,275)`|`0`|
|**`Restricted funds`**||||
|`Royal Borough of Greenwich`|`9,250`|`(6,817)`|`2,433`|
|**`TOTAL FUNDS`**|`33,053`|`(27,270)`|`5,783`|
```
13 | Page
```
```
SOMALI PARENTS NETWORK LTD
```
```
Detailed Statement of Financial Activities
for the Year2023
```
|**`INCOMING RESOURCES`**
**`Voluntary income`**
`Donations`
**`Incoming resources from charitable activities`**
`Grants`
**`Total incoming resources`**
**`RESOURCES EXPENDED`**
**`Governance costs`**
`Accountancy`
`Legal and professional fees`
**`Support costs`**
**`Management`**
`Wages`
`Social security`
`Rent, Rates and water`
`Insurance`
`Telephone`
`Printing & Postage &stationery`
`Sundries`
`Cleaning`
`Computer and software costs`
`Repairs and Maintenance`
`Health and Safety Costs`
`Staff Training and welfare`
`Bank Charges`
`Depreciation`
**`Other`**
`Computer equipment`
**`Total resources expended`**
`Net income`|`2023`
`£`
`22,528`
`10,525`
`33,053`
`1,500`
`-`
`1,500`
`19,924`
`817`
`444`
`1,943`
`248`
`-`
`-`
`134`
`-`
`239`
`-`
`625`
`1,265`
`25,639`
`131`
`25,770`
`5,783`|`2022`
`£`
`17,531`
`4,320`|
|---|---|---|
|||`21,851`
`900`
`-`|
|||`900`
`19,344`
`444`
`6,000`
`419`
`1,537`
`362`
`-`
`-`
`101`
`-`
`362`
`-`
`-`
`1,309`|
|||`29,878`
`122`|
|||`30,000`|
|||`(9,049)`|
```
14 | Page
```