AL SADDIIQ CULTURAL CENTRE
Accounts & Trustees Reports
For the year ended 1 April 2024
AL SADDIIQ CULTURAL CENTRE
Contents
For the year ended 1 April 2024
| Page | |
|---|---|
| Legal and administrative information | 3 |
| Trustees’ report | 4-5 |
| Independent examiner’s report | 6-7 |
| Statement of financial activities | 8 |
| Balance sheet | 9 |
| Notes to the accounts | 10-13 |
Page | 2
AL SADDIIQ CULTURAL CENTRE
Legal and Administrative Information
For the year ended 1 April 2024
Status: The organisation is a charity registered with the Charities Commission in England & Wales. Charity Number: 1150020 Registered Office & Business Address: Al Saddiiq Cultural Centre 209 Willesden High Road London NW10 2SB Trustees Ms. Sucdi Abdulkadir - Chair Mr. Hassan Karshe - Vice Chair Mr. Haider Mohamed Ali - Secretary Accountants: E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
Page | 3
AL SADDIIQ CULTURAL CENTRE
Trustees’ Report
For the year ended 1 April 2024
The Trustees of the Al-Saddiiq Centre have the pleasure of presenting their Annual Report and Accounts for the year ending 1[st] April 2024.
The Al-Saddiiq Cultural Centre (ASC) is a registered charity and is managed by a voluntary board of trustees. The centre is a successful community centre that works to promote understanding, dialogue between communities, facilitate integration, and empower disadvantaged communities The ASC also exists to improve the quality of life for the established, new, and emerging communities by offering excellent services such as educational, recreational, cultural and social opportunities. The centre is a place where people from a wide range of backgrounds come together to socialise, learn and enjoy themselves. We work in consultation and partnership with the local community and statutory and voluntary agencies to develop our programme, responding to emerging needs, aspirations, and new initiatives.
Objectives:
The Objectives of the Charity are to support disadvantaged communities and create cohesion, understanding and advocate peace by:
-
Advancing the education of the public in general about the issues relating to refugees and asylum seekers
-
Promoting dialogue, mutual understanding, tolerance and peace within communities
-
Empowering people to challenge prejudices, hate and extremism
-
Fostering inter cultural dialogue and understanding
-
Building stronger community
Structure, Governance and Management
Governing Document
The Al-Saddiiq Cultural Centre is a registered charity, governed by its Constitution
Appointment of Trustees
The charity in general meeting shall elect the officers and the other trustees. Each of the trustees shall retire with effect from the conclusion of the annual general meeting next after their appointment but shall be eligible for re-election at that annual general meeting.
Risk(s) review:
The trustees have recently examined and reviewed the major risk(s) faced by the Al-Saddiiq Centre to mitigate those risks. The risk management strategy will be periodically reviewed.
Activities:
Learning circles Youth group activities Online classes Life skill classes (classes in English, numeracy, CV building) Community drop-in sessions for help and advice with housing, schooling, signposting and connecting to local services and support.
Page | 4
Youth club Parents group Women’s forum
Evaluating impact of our activities:
We are committed to ensuring that in everything we do, we asses impact and evaluate projects.
We use many ways to monitor and evaluate:
-
During our projects we evaluate the success of activities from a number of areas such as; participation, engagement, and maintaining numbers.
-
Completing review and feedback exercises to view and understand outcomes achievements as well as challenges and areas of improvement.
Page | 5
AL SADDIIQ CULTURAL CENTRE
Independent examiner’s report
For the year ended 1 April 2024
Report of the Independent Examiner to the trustees on the accounts for the year ended 1 April 2024.
Respective responsibilities of trustees and examiner
We report on the financial statements of the of the charity on pages 6 to 7 for the year ended 1 April 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard for Smaller Entities (FRSSE), effective April 2008, as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales, effective April 2005 as modified in June 2008. (The SORP), under the historical cost convention and the accounting policies set out 8 to 9.
Having satisfied myself that the charity is not subject to audit under charity law, or otherwise, and is eligible for independent examination, it is my responsibility to:-
-
a) Examine the accounts under section 145 of the Act;
-
b) To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
-
c) To state whether particular matters have come to my attention.
Basis of opinion and scope of work undertaken
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales setting out the duties of an independent examiner issued by the Charity Commissioners under section 145(5)(b) of the Act) in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters.
The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
Independent Examiner's Statement, report and opinion
Subject to the limitations upon the scope of my work as detailed above, in connection with my examination, I can confirm that:
No matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements
(i) to keep accounting records in accordance with section 145 of the Charities Act 2011; (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 145 of the Charities Act 2011and;
Page | 6
(iii) That the financial statements are prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities have not been met;
E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
14 April 2025
Page | 7
AL SADDIIQ CULTURAL CENTRE
Statement of Financial Activities for the Year Ended 1 April 2024
| Notes Incoming Resources 2 Total Charitable & Legal Activities Charitable & Legal Activities 3 Surplus /(deficit) for the period Surplus /(deficit) brought forward Funds as at 1 April 2024 |
Unrestricted Restricted 2024 2023 £ £ £ £ Total Total 24,780 22,800 47,580 44,650 |
|---|---|
| 24,780 22,800 47,580 44,650 |
|
| (47,677) (45,384) (97) (734) 5,416 6,150 |
|
| - - 5,319 5,416 |
Page | 8
AL SADDIIQ CULTURAL CENTRE
Balance Sheet as at 1 April 2024
| Notes Fixed assets Tangible assets 7 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account 19 Charity funds |
5,319 | 2024 £ - 5,319 5,319 5,319 5,319 5,319 |
5,416 | 2023 £ - 5,416 |
|---|---|---|---|---|
| 5,319 | 5,416 | |||
| 5,416 | ||||
| 5,416 | ||||
| 5,416 | ||||
| 5,416 |
The statement of financial activities as set out on page 8 for the financial year ending 1[st] April 2024, and the statement of the assets and liabilities as set out on this page are as approved by the trustees on 14[th] April 2024.
--------------------------Chair
Ms. Sucdi Abdulkadir
Page | 9
AL SADDIIQ CULTURAL CENTRE Notes to the Accounts for the year ended 1 April 2024
1 Basis of preparation
The accounts have been prepared under the historical cost convention and have been prepared in accordance with Statement of Recommended Practice (SORP2015), "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 Expenses
All income and expenses are accounted for on accrual basis.
2.2 Fund Accounting
General funds are available for use at the discretion of the trustees in the furtherance of the general objectivities of the charity.
Restricted funds are funds subject to specific restrictive conditions imposed by donors.
2.3 Tangible fixed assets & 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.
Page | 10
AL SADDIIQ CULTURAL CENTRE Notes to the Accounts for the year ended 1 April 2024
2. Grants & Donations
| Brent Council grants Gifts & Donations |
2024 £ £ £ Unrestricted Restricted Total 22,800 27,580 24,780 24,780 24,780 22,800 52,360 |
2023 £ Total 21,150 23,500 |
|---|---|---|
| 44,650 |
Page | 11
AL SADDIIQ CULTURAL CENTRE Notes to the Accounts for the year ended 1 April 2024
3. Expenses and legal fees
| 3 Direct Charitable expenses Administrative expenses Travel and subsistence Premises costs: Rent Rates Light and heat General administrative expenses: Stationery and printing Events & outings Insurance Projects costs Youth program Legal and professional costs: Accountancy fees Total Expenses |
2024 2023 £ £ £ £ Restricted Unrestricted Total Total - - - |
|---|---|
| - - - - |
|
| 16,800 16,800 16,500 650 650 450 2,232 2,232 3,650 |
|
| - 19,682 19,682 20,600 |
|
| 689 689 548 2,178 2,178 1,500 964 964 936 23,000 23,000 21,500 864 864 - |
|
| 23,000 4,695 27,695 24,484 |
|
| 300 300 300 |
|
| - 300 300 300 |
|
| 23,000 24,677 47,677 45,384 |
Page | 12
AL SADDIIQ CULTURAL CENTRE Notes to the Accounts for the year ended 1 April 2024
7 Tangible fixed assets
| Cost At 2 April 2023 Additions Surplus on revaluation Disposals At 1 April 2024 Depreciation At 2 April 2023 Charge for the year Surplus on revaluation On disposals At 1 April 2024 Net book value At 1 April 2024 At 1 April 2023 |
Land and buildings £ - - - - - - - - - - - - |
Plant and machinery etc £ - - - - - - - - - - - - |
Motor vehicles £ - - - - - - - - - - - - |
Total £ - - - - |
|---|---|---|---|---|
| - | ||||
| - - - - |
||||
| - | ||||
| - | ||||
| - |
Page | 13