SOMALI BANADIR ASSOCIATIOE+4 IN UK 16B BIRNAM ROAD LONDON N4.3L CHARITY NO. 1149719 FINANCIAL STATEMENTS FOR THE YEAR ENDED .IIST MARCH 2024
SOMALI BANADIR ASSOCIATION IN UK LEGAL AND ADMINISTRA'I'IVE INFORMATION TRUSTEEI S., Mr Ilassan Abuukai. (Chair) Mi. Ahmed Nui. Osinan Mi- Ali Nui. Osinan Mr Mohamed Abuk8r SECRCITARY: Mi. Ah1ned Nur Osman TREI ASURER.. Mr Ali Nur Osman CHAIUTY NUMBEI R.. 1149719 BANKERS: HSBC BANK PLC {LION HOUSE) ISLINGTON HIGH STREET LONDON NI 9LJ ACCOUNTANTS.. DANIEL FAMOK & ASSOCIATES ACCOUNTANfs & FINANCIAL CONSULTANTS LTrIIT 209 TUDORLEAF HUSINESS CENTRE. 2-8 fouNTAYNE ROAD. LQNWN N154QL CONTEI NT., l. TJ'ust¢es' Report 2. Stateiijent of Financial Activities 3. Balance Shcct 4. Notcs to the Accounts
SOMALI BANADIR ASSOCIATJON IN UK TRUSTEES, REPORT Tlie TIStetS have pleasui'e in subiiiittiiJg their report and A¢counts fui. year elided 31st March 2024 TIL¥ fii)dnLiJl sldlEmttnls have been prepai'ed iji accoidance with accounting policies set out oil page 5 and comply with th¢ Siaten)eni of R¢¢omni6t)ded Piactice {SORPI and the apylicable law. LSTABLISHMENT OF THE ASSOCIATION Somali Ban&dir Assoctatioi) iii UK {SEJAUK) was founded oll 22nd NoveEiiber 2011 and cstalislied as Islainic Welfair Assaciation Daara'ri'aaya for calcriiig for th¢ need of young people who ai 5taiving duriT5g atld aftcT the political crises of SoJnali&. CONSTITtrtION OBJECIIVKS AND ORCANI.8ATION STRUCTUR Tlie tiustees Jiiade all tlic decisioiis regarding 211o¢ation of funds aiid activities. TIJC Board of tivstees are coinpi'ised of tlie Chaii'niat], Secirtary of the Associatioii, aiid Ilie Treasuiii,, Tlie ¢harily indepeiidetltly conslihited undei. & Coiistittitioii adopted on 2nd O¢tobei' 2012 and is a UK J'egisiered Cliai'ity numbei. 1149719 011 the Central Registei. of the Charity Coiiiiiiission for Eiigland arEd Wales. 'fiie objectives of the chai'ily as sct out itt thc Constitution aTe'. (*) to pi"oniote aiiy charitable purposes for benefjt of the Soinali Banadir Community especially (but not e%clu%Tvelyl for youiig people in the Uiiited Kingdoin aiid the world at lai'ge. (b) to i'elieve poverty and pei3ons in Condition of paiiis, hardship oi. are aged aiid lor sick. {c) the advancement of educatioij aiid the proiiiotion of healtli and well-being of the Co2nnity. {dl to iThprove the conditions and quality of life of the tnembers of the eominunity, improve tlieii. physical welfai'¢ so rhat they n)ay gl'ow to fulfil th¢ii' potentials in the cotnmunity. Tiic Somali Banadir Association in UK ISBAUK) was illvolved in educational ImplveMent activities de%igned 10 increase i))¢inbei"s' awaiMJess tsf the opportunities available in education. These outre&¢h activities air oiEanised locally in London aiid oth¢r Inain Glties in the United Kingdoin. ACHIEVEMLN rs AND Pfi RFORMANCE The pi'in¢ipal activities of the Charity dui'ing the period undei. Irview are Educat&on, Etner8ency Rellefs and employment cre&tion. Tht BARL4RUJINTA BAFIWEYNTA BANL4DIR UK organised 8ome eelings at]d evenls wlieir issu¢s aff¢cting tli¢ community Inen)bei3 are discussed willi solutioiis. soli]1 Bdnadir Asso¢ialion in UK are cun'ent]y engaged in en1eLgecY i'elief efforts and Srnall S¢ale development projects ut]d¢rtaktn Soillalla for the support ai)d welfai'e of tlie lielpless and war ¥I1M$. RelÉef effoi'ls and welfair undenaken in Somalia inclltdes suppoIt for the poor families, basic educatiot]al supp011 for the ¢hildren and supplies of eduealional ie50UTces for tlie needy. Tlic lon¥ terjn goal of the Somali Banadii. Community is to eiiable the poor and the needy people to become economically self-Teliant, poli(ically exposed alld educationally enlianced.
SOMALI BAKNADIR ASSOCIA'flON IN UK TRUSTEES, REI PORT CONTI,NUED PUBLIC BEI NEFIT REPORTING Tlie IrL]Stees of tlic SoJi)ali Banadii. Ass(kciation paid due regard to tlie Charity Commsssion's guidaiice Dn public benefit ad Iiicmbers of tlie public are not resri'icted fiDm beiiefiltimg Ilitougli the following ¢liaiiloble a¢tiviti¢s. Publie Couiisellin T])e Sotnali eldeiE and professionals iii Balladir AssociatÈon are well iiiforn)ed aiJd con]11t1¢d to enabling the eoinii)unily iiJ London atid l'est of UK to bejiefit froin public counselling of tlie Soinali viilue% and cultuial heritage. This is achieved thiollgli pei'todi¢ cuunsrlliiig services available to atiy Ineniber of Uie public includiii8 old people, single paiEtit$ and the hopeless. Youtli dcvclo Youtli developiii8nt activities air undeitskett by iLsiiig Soihalia cultui?I IierÉla8e and Soeictal valu¢s to raise public awartness En iinprovins theii iiiorality, ellucation and wellbeing in the society. The As50cialioll %ui)ports the youN¥ people to oryanisc trips lo historical %iid educ81ional Cent and efforts aic geaTed to bTing offeiidiiig and socially-displaced youth back to tiorinal life and Inade rheii) i'etumed into theii. educatioiial pu13uiIs. Sporting and recreatiojial activities aye also organiged foj. the young people for tlieir peisoiial physic81 filtness aiid career developmetlt. RISK POLICY The Tiuskes have assessed the major risks lo which the Association is exposed particularly tliose J'claling to thc operatlQll5 and finaiice and are satisfied with the risk inanagcment sysieiiis in place to mitigate the risk exposuJE to the Asso¢iation. REVIEW or THE FINANCIAL posI'fioN Thc nct inCL)ining ie8<)ui'te% fnT the yeaT ainDuiiled to a deficii fUd of £7,368 alld all of which al'e set against the uni'esti'ictcd reserves of ihe ¢hai'ity. IIUTURE DEVfiLOPMKNT PLANS The current year 2024 atid 2025 will see a continued eniphasis aehieving th¢ main charitable objects of the Association, There are ¢on¢luded plans of the trustees to lal Sccui"c new meetiiig veeS wheiE additional welfare activities can be orgahised, {b) Iniprove on Ilie inei))bership su'engtli of the Associalion by eoordit]&tEllg iiiore charitable activities (ol Iiiaugui?te Inoye bimiices the Inajoi. cities of UK dui'ing yea13 2024 aiid 2025.
SOMAI,I BANTADII< ASSOCIATIOb IN UK TRUSTEESI Epon'i. CONTIN[ D BOALII) OFTrUSIEEts The memb¢ts of the board ofin]Rtee5 Ivho %ervcd diirittg Iho fUn¢la] pvriodwcIe'. Mr Hassan Abiiithar {Cliaii') Mr Ahtned Nur 08maIi Mr Ali Nui. Osmao r Mobamed Abukar APPROVA This r¢yort Wag b¢half by-.- approval by the boaLd oftruslces the 26111 May2025 and É18o¢don its Secretory.. AhtnBd Osn18tL
INDEPENDL4 N'l. LI XAMINEr R'S REI PORT TO THE I'RUSTEES OF SOMALI BANADIR ASSOCIATION IN UI< CHARITY NUMBER 1149719 I report on tlie Fiiiaiicial Staleinents of tli¢ Ti'ust for the year elided 3 Esl Marcli 2024, wliich al'e set out on pages 3 to 8 below. RESPECTIVE RESPONSIBILI'fiES OF TRUSTEII S AND EXAMILYEI R Tlie Charity's twstees are respoiisible fo¥ the pi'q)aration of tlje ae¢Dllnt5. Tlie charitls trust¢es coiis'idej. that audit is i)ot required for thE5 yeaT undei. section 43 {2) of tlie Cliai'itics Act 2011 (Tlie 2011 Act) and rhat an siidepelldent ex&mination is iieeded. It is imy i'esponsibiliry to exainiiie the accoiijits uiidci. sectioii 43 of tlie 2011 Aet, folloiy tlie proceduirs laid down iii tlie general Directions given by the CharÉly Conimissioti l linder se¢tTOlI 43(7)Ib) l of tlie 2011 Acl, and state wliether pailicular iatterS have come to my alteiition. BASIS OF IIYDEPENDENT EXAMINEI R'S s'fATEMENT My examinatioii was carried out in 8ccord3ncc wilh iht geiixl Directions given by Ili¢ Cliarity Coniinis810ll. An examination includes a review of the ac¢ounting i0],d$ kept by £he Trust and a comp4riSDll of the accounts pi'esented with those records. It also includtg consIdeiBlion of any ullusual itettis o disclo%ure in the LCCOUlits, and Seeking explaTratsons the ti$[e¢S concerniiig any such InaÉters. The pi'ocedures undeitaken do not piDvide all the evidence that would be Yequii'ed in ati audit and coiisequeiitly no opinson is given as to whether the accounts present a'true and faiv view and the i'epoil is liniited to thole nYdttei3 sel out in the statement below. INDEPENDEIYT E4 XAMIYER'S STATEMENT To wnnection with Thy exaTtiinatiou, no mattttr has come to my attention :_ 11 which gives me reasonable Cause to believe that in. any material SPeCt, the requireme15.. * lo keep accounling records ill accordaii¢e with section 41 of the 2011 Act,. 2nd to prepare accounts which accord witl) the accouiitin¥ J'e¢ords aiid coniply aCCOUllting Tequireinenls of the 2011 Att hav¢ not been met, OT 2) t inm o be l'eached. ould be drawii in order to enable a proper undciEt2uiding of MRD. MA INIM CAI DAIYI FAMOI< &. ASSOCI TES ACCOUNTANTS & FINANCIAL CONSULTANTS UIYIT 209 TUDORLEI Ab BUSINESS CENTRE,
8 TrOUNI'AYNE ROAD, IniNDON NL5 4QL 26th Mav 2fft25
SOMALI JIANADIII ASSOCIA'fIoN IN UK S1'ATEI MENT OF FIIYANCIAL ACTIVITIES FOR THL YEAR ENDED 31ST MARCH 2024 Notes Unrestricted Restricted Funds Fynds Tolal 2024 Total 2023 INCOMING Rfi.SOLIRCES Ipicoiijiiig RL'.¥OlllCE.sfioiii gE[JeJu<edfirdS Meiiibei'sliip Subscriplions & Doiiations Fuiid iBising & Relief fiiiids 15,297 16,829 15.297 16,829 16,739 13.010 HMRC Gift Aid lax reclaiii)ed Tot21 Incoinlng Re50urce5 7,891 40,018 7.891 4LI,018 29,749 RESOURCEI S EXPENDED Clidi'itableAclivilies 45,695 45,695 22.774 Goiyeindpiee ¢osi$ 500 Total Tesources expeiided 47,386 47,386 Z3,274 NE'I. MOVEI MEI NT IN FUNDS (7,368) 17J681 6,475 RECONCILIATION OF FUNDS Total funds brought forwai'd 9,097 9.097 2,622 TotAI funds carried fDriYai'd 1,729 J,729 9,097 Theie were no recogmise<l gains or losses foi. the year otiiei. Ilian ihose included tjie Statenient of Finaiicial Activities. All in¢oining resoiir¢es and resouires cxpended derive froin conlinuing aciivities. The oteS on Pages S to 8 foi'm part of these account5.
SOMALI BANADIR ASSOCIATION IN UI< BALAts'CLt SHEET AS AT 31ST MARCH 1024 Nte5 2124 2023 FIXED ASSETS Tangible Fixed Assets 197 CURRf4 NT ASSLI-S Suiidiy Deiilat5 800 9,025 2,532 9.825 LESS CREDI'I'OILS.. r CURREN'f ASSETS 8,725 TOTAL Assfi.TS LEI SS LIAIIILITIES 1,719 9,197 I PRESEI NTED BY.. UIiicsii-i¢led Fiinds io 1.729 1,719 9,lJ97 App2'0ved by tlie Bo*i'd of Ti'ustees on tliE 26tli May 2025 and slg21¢0 oji Ils beli8lf by Mi. Hassaii Abiitil(ai' {Clialrl
SOMALI IIANADIR ASSOCIATION IN UK NOI'E8'fo THE filNANCIAL STATEMENTS b'OK I'IIE YEAR EI NDE4 D.IIST MARC.H 2024 I. ACCOUNTING POLICIEI S Tlie financial statcineiils l)ave beeii prepared ID accordance with tlie &ccouiitiiig policie5 set out Aceouniingi aiid Reportiny by ChariiiLs.' Slateiiientof ReLoiiini¢nde(I Pra¢ti¢e ISORPI applicable 10 charities preparinb* tlKir #ccoiirtls in accoidAIIC2 Ivilh the Financial Repoiting Siandaid applicable in Ilitt UK ttttd R¢public of lieland published on 16ih July 2014. 1.] INCOMING RESOURCES Voluntar Income Incoine fiom voliinlary siibscriptioiis aiid donatioiis collected are iiicluded ill voluntaiy iiicomii)g resoiirces Whe thes¢ al'e receivable. Oiher Inc(sIne These ci)mi)115e5 Other inis¢ellat)¢oiis i¢01e from niembeLS aiid are accounted foT Ill tlie pei'iod i which it is entitled. Gift Aid TJX Re ment Clalm Tax iEpaynent% due fi01n HM Revenue & Custom.8 in iE8pect of TneEnbciE' givÉng are included in in¢oming resouires and resli'icted foi. building futlds when receivcd. Cash floiv statement SJiniili Banadii. Association in UK (SBAUKI has taken a(Ivantage L)f the exeinption in financial Reportig Stalldaixi Number I fi"OTM th¢ T¢quiieTEienls lo pJx)duct a cashflow statement on the grounds that it qualifies as a small ¢haJiLy. 1.2 RESOURCES EXPKNDEI D Rcsources expended al'e iiicluded in the Stateinent of Financial Activitie5 011 acrTual bases, Itjclugivt of atiy value added lax IVAI'I which cannot be recovei'ed. Certaii) expenditure are atti'ibutable to specific activities attd have been iiicluded in tliose cosl categorie5. 1.3 TaXIble Fiixed Assets for use by the chArity And Depreciation Tangibl# fjixed as5els fDJ' use by the Associat5011 twe slated at Cubt less dcpreciaiion. DeprectaÉion is calculated to writ¢ off the Cost less esiimated iE%idual value of fixed asset5. over Iliell. e$iin)aied usefiil lives oil die fDllowing basis.. Equipmeiit and Coi)Ipiiters FuJ'llitt)ic, Fixtui'es and fittings 20Yo peT aiiThum. 20% per JTinum.
SOMALI BANADIR ASSOCIATION ITr4 UK NOTES TO THE FI.NANCIAL STATE.MEh'TS CONTINUED roR THE YEAR ENDED 31ST MARCH 2024 2. CHARITABLE ACTIVII'IES 2D2 2023 Donaiion.R & AGM Expeiises Eniei'geiicy Relief & Fuiidratsing costs Office & Gai'den Rent Charges McnibeiE' Welfare & Supports Pi'iijting, Postage and Stalioneiy Baiik cliai'Bes & fees Tiavelling & Motoi. Expciises Teleplione, interiiet and websites Offjce Cleaning expeiises Legal and Profe8sioiJal fees Depi'ecialioji of fixed &s5ets Adveil and Publicity 200 44,423 561 22.601 20 375 60 60 93 75 45,695 22,774 3. GOVERNANCE COSTS 2Q24 2023 Legal and Profession¥1 fees Audii and Accounian¢y 500 1,691 SW 500 4. NET MOVEMENT IN FU.NDS fiOR TI.IE YEAR 2024 20 The net moveiiieiit in funds for the year is slated aflei" ch&rging.' Depre¢ialion of iangible fixed ass¢ts- foi. use by tlie charity AccouJitat]cy fee 75 soo 500
SOMALI BANADIR ASSOCIATION IIY UK NOTES I'O THE f4lNANCIAL STATEMEI NTS CONTINUED FOR THf, YEI AR Chry)ED JIS'T IMARCH 2024 5. TRUSTEEI S, REI MUNERATION 2024 2023 No Trustee lias had expenscs reiinbursed ill the year. There its no staff whose ¢moluiiients exceeded £60,000 dLiYiiig the year 6. TANGIBLfi FIXEI D ASSETS ruBNI'I'¥RY UII'MliNT & ]vi'ri'iyGS ICOMPUTER 'i'O"i'AL 2024 Cost.. hl 1st Api'il 2023 Additioiis duriiig the year As At 3 1st Mairh 2024 574 1,545 574 1,545 Dcpreciatinn: at l$t Apiil 2023 Charge foi. Ihc year As At 3 1st Mateh 2024 435 28 463 1,747 75 ,822 47 1,359 Net Boolc V2lue As At 31st Mareli 2024 186 297 Net Book Val¢ As At 1st Apiil 2023 139 233 372 7 DEBTORS: 2024 2023 SuThliy Debtors (Rent se¢iii'ity deposltl 8QO 800 8DO cRrDI'foRS.. AMOUNI, FALLING DUC WITHIN I YEAR 21124 2023 SutKlry Cieditors 600 600 500 J,100 I,io
SOLVIAI,I EIAD4ADIR ASSOC.IATION IN UK NO'fES TO THTr. FIYAIYCIAL STAI'bMF.N'I CONTINUED FOR THE YEAR EliDED 31s'r MARCH 2024 9. LOLYNEC'fED ALYD RCLATF.D PARTY DISCI,OSURF.S Tlie Association has a veryclose iYlationsl)ip witli Mi. Ha$8an Abuiikar, wlio is the twins bi'otlier of Mr Hussein Muridi { a Iiustee). Mr Hassaii Abuukai. is oiie of the foLtiidiiig CalheiE of the Associatioii (SJ3AUK} aiid botli have iiol ieLeived aiiy tnistee's I'ciniiiiei'alioiis fiDIM the begiiining of the Associaiioii to 3 Isi Mairh 2024. Mr Hassaii Abuukar is oli 11 lime service to the Associalion. io. NRL87'RICTED IND F I'HE HARITY Uni'cstj'iclcd TotRI 2024 Balall¢e at 1st Api'il 2023 Moveineiit Eti the fui)ds fol. the year Balattce at 3 Isi March 2024 9,097 7,368 729 9,097 7,168 ,729 11, RESTRICTED FUNDS BUll1n Fllnd5 I'otAI 2024 Balallce at 1st April 2023 Movenient in the funds foi. the year Balance at 3 1st Mairh 2024 12. ANALYSIS OFNKI'ASSK]'5 IIL'I'WK]CN WUNDS Restrlcte Fulld5 Tutgl 2024 inds Tangible fixed asseLs Net Curi'ent Asscts 297 1,432 1,729 297 1.432 1,729 io