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2026-03-31-accounts

Trustees’ annual report and financial statement

For the year ended 31 March 2026

The Trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements of Hodan Somali Community for the year ended 31 March 2026. The Trustees confirm that the annual report and financial statements of the charity comply with current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

Full name: Hodan Somali Community

Other names by which the charity is known:

None

Registered company number: 8179170 Registered charity number : 1150732

Principal address: Office 10, Canalside House 383 Ladbroke Grove London W10 5AA

Trustees

Priscilla Hon: Chair, Mahdi Ali: Treasurer, Sahra Jama: member Shukri Hassan: member, Kaltun Ahmed: member

Other Members: None

Secretary : Khalid Ali, who is the director of the organisation

Bankers

Independent examiner

HSBC Iqbal Hossain 25 Notting Hill Gate BK Community Accountant Ltd London Arches 420-421, Burdett Road W11 3JJ London E3 4AA

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1. Objectives and Activities

1.1. Summary of the purposes of the charity as set out in its governing document

Hodan was established for the benefit of the Somali community living and/or working in Kensington and Chelsea and surrounding boroughs. The charity’s purposes are to relieve poverty, to advance education and to provide or assist in the provision of recreation and leisure activities, to improve the conditions of people’s lives.

1.2. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in accounts[1]

We have continued expanding and improving the service, focusing on:

Supporting service users with the transition to Universal Credit has been a key feature of the work in 2025/26. All staff members have been upskilled in this respect.

In addition to the general operations of the Advice, Information, and Support Service, we also carried out the following projects in 2024-25:

1 NOTE: The trustees have had regard to the guidance issued by the Charity Commission on public benefit.

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smartphone or tablet while they wait in the queue to see an adviser.

We are intending to submit, and have drafted, a new application to the Reaching Communities Fund for multi-year funding with the provisional title of ‘Active Together: Women’s Health and Community Connection Programme’. Reflecting the updated priorities of the scheme, this new bid will have a stronger focus on the Social Space and Wellbeing Project, with supporting elements such as health education and peer support. There will still be a place for digital literacy, with a focus on helping people to navigate mainstream services such as booking GP appointments, ordering repeat prescriptions online, and acknowledging the complex social, economic, and environmental contexts of health (e.g., overdue energy bills ® disconnection of utilities ® cold home ® poor health).

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2. Achievements and Performance

2.1. Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole

2.1.1. Reducing the Impact of Poverty and Disadvantage

We successfully completed the AQS reassessment process and our AQS Certification was renewed in December 2025 for a further two years, subject to submission and approval of the Internal Annual Review of Compliance in December 2026. The next assessment anniversary date is 17 December 2027.

As in previous years, we have continued to provide services in the AQS Subject-Based Categories of Welfare Benefits , Housing, Employment , and Health and Community Care, and the Client-Based Categories of Disability, Older People, Refugees and Asylum Seekers , Women , Race Equality , and Children and Young People . In addition to these specific categories, we have also provided advice relating to local services, education and training, confidence-building, social integration, energy saving, and other related matters.

We maintained our work on income maximisation in response to the cost-of-living crisis, assisting people to apply for welfare benefits and other sources of financial or in-kind support from the central government or local authorities, through our ongoing funding from the Trust for London and City Bridge Trust.

We supported 141 service users with 236 welfare benefit cases in 2025-26 (our largest matter category), making a total of 499 clients over the 3-year period from 2023-26, which has already exceeded the five-year project target of supporting 300 people by September 2028. we remain on track to exceed our target by a very significant margin. The total financial gain secured by our clients in cases that were closed in 2024-25 was £ 171,528.76, in comparison to the £278,508.94 secured in the previous year. The decrease was largely due to the time spent preparing for the leadership transition and training staff members to launch the Energy Redress project, as well as an increased focus on employability skills and the new football project for young people. We expect total financial gains secured by these clients to return to their former level in 2025-26.

As in previous years, our work on income maximisation also had non-financial outcomes. These included, among many others, reducing stress, anxiety, depression and suicidal ideation; preventing eviction and homelessness; and helping people pay off arrears and avert court action.

We maintained our focus on energy saving and delivered a total of 204 interventions, reaching 66 unique households. This included 33 home energy audits.

We continued to work on housing issues with the Trust for London funding. This included advocating on clients’ behalf with local authorities, housing associations, or private landlords to secure necessary and often long-overdue maintenance or improvements to properties, including home adaptations for people with disabilities.

2.1.2. Building Skills and Confidence

Volunteer training and mentoring: The final phase of the National Lottery funded ‘Actively Reducing Isolation for Seniors (ARISE) project brought the total number of project volunteers to

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31 over four years. As detailed in previous years, these volunteers were mentored to work through the Digital Literacy Framework with service users and complete tracker sheets.

All the volunteers have improved their own digital literacy skills and learnt to deliver digital literacy training, which is a highly marketable skill. They have also benefited from exposure to Hodan’s AQS-accredited Advice and Information Service through working with service users who are waiting in the queue to see an adviser. This has given them a wider range of experiences and skills that they will be able to draw on when seeking other employment, for example:

Some former volunteers are now undergoing further training (e.g., teacher training), others have succeeded in securing full-time or part-time employment, and one is employed as a Hodan staff member.

Digital literacy skills: A total of 162 unique service users were supported with digital literacy skills by the volunteers and staff at Hodan over the four-year project project. This includes those who attended at least one 1:1 appointment, and those receiving digital literacy support during their regular interactions with the advice service (some people engaged in both modes). The attendance at public workshops was as indicated in the table below.

Overview of public workshops conducted throughout the project

Date Year of
project		 Topics covered Number
of
attendees
May2022 1 General digital literacy, focus on foundation skills 18
January2023 1 General digital literacy, focus on foundation skills 19
July2023 2 Flexible to meetparticipant needs 22
December 2023 2 Flexible to meetparticipant needs 21
July2024 3 Basic skills: alarms, Internet, WhatsApp 21
July2024 3 Openingand usingan e-mail account 18
June 2025 4 Flexible to meetparticipant needs 27
November 2025 4 Digital literacyand the Universal Credit transition 33

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Of the 162 participants completing a baseline assessment, a total of 130 (80%) received at least one subsequent review. A total of 113 (86.9% of those reviewed) recorded a skill gain of 1 point or more between the baseline and the first review, and 120 (92.3% of those reviewed) recorded a skill gain of 1 point or more between the baseline and their most recent review, as determined by comparative assessments with the Hodan Digital Literacy Framework.

The percentage of people reaching each of the review milestones is indicated in the table below.

Milestone reached Number **Percentage **
First review 130 80.2%
Second review 56 34.6%
Third review 26 16.0%
Fourth review 8 4.9%
Fifth review 2 1.2%

As previously discussed, there are two alternative interpretations for a gain of 1 point in this metric: (a) the difference between doing a specific task independently and doing it with help, or (b) the difference between doing it with help and being unable to do it at all.

Digital access

We have continued to provide our service user community with Internet access, not only through their own devices, but also by offering all service users free access to Hodan’s office space, printer, and WiFi password during our opening hours. During this time, we also make our tablets available for people who want to practice their skills or learn new ones.

The importance of this service should not be underestimated. In recent years, many cafes and fast-food outlets have quietly stopped offering free Wi-Fi - either providing no Internet connectivity at all or requiring customers to sign up for expensive commercial services, such as EE Wi-Fi, that charge by the hour or by the day. This culture change has largely gone unreported in the media and is a consequence of the widespread assumption that everyone has an electronic device with an unlimited data plan. In fact, the subscription rates for unlimited data are unaffordable for a large proportion of our service users. Some people have no mobile data at all, e.g., due to arrears on their contract.

Self-reported benefits of digital literacy training and digital access

Combining digital access with digital literacy training is an important aspect of a difference that seems small at first sight but makes a significant contribution to people’s lives. There was a particular focus on the Universal Credit transition: staff supported service users to complete their initial applications for Universal Credit and subsequently to keep their journals updated, which is of vital importance for benefit retention.

We conducted an end-of-project evaluation session with service users in January 2026, which attracted 33 participants in total. This was intended as a focus group, but the number of attendees was much larger than would be expected in a typical focus group setup, with the added complication that some service users arrived late and others left early. This resulted in a more fluid discussion with the evaluator about the benefits of the different project activities, any suggestions for future projects, and any challenges encountered during the project. As in previous

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years, the participants in the evaluation session listed many different digital literacy skills that they had personally found helpful. These, organised according to the modules of the framework, were:

As before, the spontaneous reporting of skills from all the major sections of the framework reinforced the value of this tool for identifying and tracking useful skills. Service users reported that they had been very satisfied with the project and there was nothing that they would have wanted to change, other than longer opening hours and more workshops.

2.1.3. Mental, Physical, and Social Wellbeing

Befriending

The Befriending Service continued to support a core group of around 40 clients in 2025-26, We are still committed to supporting this core group of regular service users who are socially isolated, experience low mood, and/or are bereaved.

Wellbeing and Social Space for Women

As before, the Wellbeing and Social Space Project activities – Zumba and Chair-Based Exercise – were very well received. The women greatly appreciated the opportunity to participate in healthy exercise in spaces that felt safe and comfortable, especially in the light of the increase in racism and xenophobia in the wider society, which made some of them feel apprehensive about attending a mainstream gym or fitness club. This led to benefits for both mental and physical health – feeling less stressed, less depressed, happy/joyful (with some specifically mentioning that the instructor’s smiling face ‘lifted them up’ or made them feel good), experiencing fewer aches and pains, feeling energised, or less stiff.

The social aspect of the classes was highlighted as strongly positive, with some of the participants saying that they were ‘like a family’. The social outcomes of the classes included new friends, feeling more connected, and feeling more isolated or less lonely. One person commented on the fact that the classes provided a good opportunity for women from different backgrounds to mix together and learn about each other’s cultures.

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The careful attention paid to accessibility – including online classes, Chair-Based Exercise, and Zumba Gold – made exercise achievable even for people with mental health difficulties and/or reduced mobility. Specifically, the ability to participate in the online classes with the camera switched off helped to improve access for people who lacked the confidence to do exercise in public.

Several participants said that the project had made it possible for them to access health and fitness activities that would otherwise have been unaffordable for them in the context of the costof-living crisis, by offering classes that were free of charge.

We explored the possibility of expanding the Wellbeing and Social Space Project to provide swimming classes, through an application to the Movement Fund (Sport England). This has not yet been successful because of difficulties in finding a suitable space for the classes that can be guaranteed for women only, including lifeguard provision. We have identified a possible partnership for hiring female lifeguards but are still struggling to identify an appropriate pool facility. We will continue to pursue this project and seek funding in 2026/27 as there has been consistent and repeated demand for it from service users.

2.2. Performance against human resources targets[2]

2.2.1. Recruitment

Both recruitment targets for 2025/26 have been met:

2.2.2. Induction and remuneration

The induction and remuneration target for 2025/26 was met:

2.2.3. Supervision and support

The supervision and support targets for 2025/26 were not met and should be considered for inclusion in the new strategic plan for 2026-29:

2.2.4. Training and development

The following target for Training and Development was not met and should be considered for inclusion in the new strategic plan for 2026-29:

- New Advice and Outreach Worker to receive training in Mental Health Awareness

2 See 2023-26 Strategic Plan for details.

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2.2.5. Management and engagement

The following target for Training and Development was not met and should be considered for inclusion in the new strategic plan for 2026-29:

2.2.6. Evaluation and review

The incoming Executive Director has taken over responsibility for routine M&E activities, with consultant support where necessary.

We have completed and submitted the Year 2 monitoring report for the Bridging Divides project funded by the City Bridge Trust, the project evaluation for the summer activities funded by John Lyon’s Charity, and the final evaluation for the ARISE project funded by the National Lottery Reaching Communities Fund.

The following targets were not met and should be considered for inclusion in the new strategic plan for 2026-29:

2.3. Performance against targets for continuous improvement of advice service

The annual review of all policies and standard operating procedures has been completed and only minor amendments were required.

An unmet target for the advice service was to expand the marketing plan to increase the visibility of Hodan and ensure that other charities and social enterprises, including those serving the wider ‘BAME’ community, are aware of our offering. This is now an even higher priority, as the Energy Savers project involves ambitious targets of 100 home visits for energy audits, 200 in-depth advice sessions, 100 telephone calls or ‘virtual visits’, and 150 people reached with ‘light-touch’ advice on saving energy, e.g., stalls at events. The new Trust for London bid also requires some specialist marketing to diversify our service user base.

Creating a new marketing plan should be a focus in 2026/27 and may require more specialist support, e.g., an internship or dedicated consultancy, as Hodan does not currently have the human resources to support this activity. Trustee support may be required.

2.4. Performance against Operations targets

2.4.1. Skills Development

The following targets have been met:

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The following target was not met and should be considered for inclusion in the new strategic plan for 2026-29:

2.4.2. Wellbeing and Social Space

All attendance targets have been met.

The targets relating to introduction of new activities (sewing, swimming, football for adult men) were not met and should be reconsidered in the 2026-29 strategic plan. Hodan should also consider whether or not to initiate partnerships with other organisations for mental and physical wellbeing-related services

2.4.3 Family and Youth Work

The following target was partially met, in that we delivered two excursions rather than three:

The following target was not met and should be considered for inclusion in the new strategic plan for 2026-29:

2.5. Performance against fundraising targets

The total income for 2025-26 was £181,121.16

Confirmed funding for 25/26

Mercers 3 year: 72,703

Postcode society: 25,000

John Lyon’s: 4800

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2.5. Performance against marketing targets

Marketing targets were suspended for 2025/26 pending a review.

The Trustees are recommended to consider appropriate options for setting new marketing targets and achieving them in a timely way. There are several options to consider, subject to funding:

3. Financial Management and Reserves

3.1. Statement explaining the policy for holding reserves stating why they are held

A Contingency Reserve is held in order to retain sufficient funds to cope with a worst-case scenario of a sudden cessation of all funding. In this circumstance the fund should be large enough to enable:

To allow the Trustees flexibility to deal with unforeseen opportunities or act to mitigate unexpected risks, such as a partial cessation or temporary reduction of funding, up to half of this Contingency Reserve may be diverted to an Urgent Opportunities Fund (provided that there is still enough funding left to cover winding-up costs).

In the event that this is used, the Trustees should discuss a strategy for replenishing the reserves during the annual review.

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The Contingency Reserve is an unrestricted reserve and does not include funds that have already been earmarked, e.g., for staff salaries within funded projects.

3.2. Financial review

Hodan has developed a Fundraising Strategy built into its strategic plan and reviewed on a yearly basis. The Treasurer is responsible for financial management and presents the organisation’s financial situation during trustee meetings.

4. Structure, Governance and Management

Type of governing
document		 Constitution
How is the charity
constituted?		 Charitable company limited by guarantee
Trustee selection methods
including details of any
constitutional provisions
e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees		 The management of the charity is the responsibility of the
trustees, who are elected under the terms of the governing
document of the organisation. The new Board of Trustees is
elected at Hodan AGMs by service users. All registered
members have the right to stand for election as trustees
(members of the management committee). The
management committee may in addition appoint not more
than three co-opted members but so that no one may be
appointed as a co-opted member if, as a result more than
one third of the members of the management committee
would be co-opted. The management committee must
consist of no fewer than four and no more than eight
trustees.
How are risks managed? Hodan has a risk management policy that is reviewed and
updated on an annual basis. The risk management policy
has been revised to take into consideration the additional
public health risks from COVID-19. We have also updated
our safeguarding policy to include measures for safeguarding
‘customers in vulnerable circumstances’, according to the
FCA definition.
How are activities
reviewed?		 Hodan carries out a full evaluation of the advice service
every year, which covers compliance with organisational and
funder objectives, client satisfaction, accuracy and
appropriateness of advice, a review of trainingand

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development, support and supervision, service effectiveness and efficiency, and Equality, Diversity & Inclusion (ED&I). The 2025/26 evaluation is overdue but will be delivered in Q1 of 2026/27 and subsequent due dates updated accordingly. There is a need for a full review and consultation with service users to inform the new 2026-29 Strategic Plan.

Signed on behalf of Management committee by: Signed: --------------------------------------- Date: 13/04/2026

Name : Priscilla Hon

Position: Chair

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Independent examiner’s report to the trustees of

HODAN SOMALI COMMUNITY

For the year ended 31 March 2026

I report on the accounts of the company for the period ended 31 March 2025, which are set out on pages 12 to 18.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purpose of company law) are responsible for the preparation of the accounts. The 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 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:

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

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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 other matter except that referred to in the above paragraphs, 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 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; or

(2)to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Md Iqbal Hossain, FCCA

B K Community Accountant

420/421 Arches

London

E3 4AA

Date: 13 April 2026

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HODAN SOMALI COMMUNITY Statement of Financial Activities

HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities		 HODAN SOMALI COMMUNITY
Statement of Financial Activities
(Including income and expenditure account)
31 March 2026
Incoming Resources Note Unrestricted
Funds		 Restricted TOTAL
Funds
2026		 Unrestricted
Funds		 Restricted
Funds		 TOTAL
Funds
2025
Donation and
Legacies		 2 - 194,494 194,494 155 135,661 135,816
Investment Income 3 1,310 - 1,310 1,595 - 1,595
Total Income 1,310
=======		 194,494
======		 195,804
======		 1,750
=======		 135,661
======		 137,411
======
Expenditure on: 4
Charitable activities 278 132,372 132,650 82 162,924 163,006
Governance Costs - 1,720 1,720 - 1,410 1,410
Total expenditure 278
=======		 134,092
=====		 134,370
======		 82
=======		 164,334
=====		 164,416
======
Net Income & net
movement in funds		 1,032 60,402 61,434 1,668 (28,673) (27,005)
Reconciliation of
fund:
Total funds brought
forward		 36,110 91,507 127,617 34,442 120,180 154,622
Total funds carried
forward		 37,142
=======		 151,909
======		 189,051
======		 36,110
=======		 91,507
======		 127,617
======

TOTAL RECOGNISED GAINS AND LOSSES

The Charity has no recognised gains or losses other than the net movement in funds for the above period.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 19 to 26 form part of these accoun

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HODAN SOMALI COMMUNITY

BALANCE SHEET

HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET		 HODAN SOMALI COMMUNITY
BALANCE SHEET
AS AT 31 MARCH 2026
FIXED ASSETS Note 2026 2025
£ £ £ £
Office Equipment 10 - - 8,213 10,267
Debtors 11 7,500 - - -
Cash at Bank 179,924 - - 117,009
Cash in hand - - 341
Total Current Assets - 187,424 - 117,350
Creditors and Accruals 12 - (6,586) - (0)
Net Current Assets 180,838 117,350
189,051
=====		 127,617
=====
Net Assets
Unrestricted Funds - 37,142 - 36,110
Restricted Funds - 151,909 - 91,507
Total Funds 189,051
======		 127,617
======

Exemption from audit

For the year ending 31/03/2026 the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to company’s subject to the small companies’ regime.

These accounts were approved by the Board of Directors and Trustees on 13 April 2026 and were signed on its behalf by:

Signed ---------------------------------------

Name : Priscilla Hon Position: Chair

The notes on pages 19 to 26 form part of these accounts.

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HODAN SOMALI COMMUNITY

Notes to the Accounts

For the year ended 31 March 2026

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

1.1 Basis of Accounting

The financial statements have been prepared under the historical cost convention and in accordance with the applicable Accounting Standards and the Statement of Recommended Practice “Accounting and Reporting by Charities” published in March 2005 and the Companies Act 1985.

The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from the requirement to produce a cash flow statement on the grounds that it is small company.

1.2 Incoming Resources

Income from activities, voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they must be used in future accounting periods or donors’ conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

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.

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1.4 Going Concern Basis

The financial statements have been prepared on the going concern basis, as in the opinion of the director and trustees, there are no issues arising which would suggest any other basis as being more appropriate.

1.5 Depreciation

Depreciation is provided using the following rates and bases to reduce by annual instalments the cost, less estimated residual value, of tangible assets over the estimated useful lives:

Furniture, Fixtures, Fittings and Equipment - 20% on reducing line basis.

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HODAN SOMALI COMMUNITY

Notes to the Accounts

For the year ended 31 March 2026

2. Income from donations and legacies

Grants, donations, and legacies: Unrestricted
Funds		 Restricted
Funds		 2026 2025
£ £ £ £
SMALL DONATION - 155
CLOTHWORKERS FOUNDATION - - - 6,400
JOHN LYONS CHARITY - 4,800 4,800 5,000
ENERGY REDRESS - 15,510 15,510 6,511
THE NATIONAL LOTTERY
COMMUNITY FUND		 - 26,592 26,592 53,425
CITY BRIDGE TRUST - 49,000 49,000 24,500
RBK&C VSSF (MIDAYE PARTNERSHIP) - 15,000 15,000 15,000
SPORTS ENGLAND - - - 14,825
GARFIELD WESTON FOUNDATION - - - 10,000
MERCERS TRUSTS - 21,092 21,092 -
TRUST FOR LONDON - 37,500 37,500 -
POSTCODE SOCIETY TRUST - 25,000 25,000 -
TOTAL INCOME -
==========		 194,494
==========		 194,494
=======		 135,816
=======

3. Investment Income

Investment Income
2026 2025
£ £
Bank Interest 1,310 1,595
Total 1,310
========		 1,595
========

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HODAN SOMALI COMMUNITY

Notes to the financial statements (continuing)

4. Expenditure on Charitable Activities by Fund type:

Charitable activities &
Support Cost		 Un-restricted
Funds		 Restricted
Funds		 Total 2026 Un-restricted
Restricted
Total 2025
Funds Funds
£ £ £ £ £ £
Salary, NIC & Pension - 77,997 77,997 - 99,808 99,808
Telephone - 1,300 1,300 - 631 631
Rent & Rates - 7,729 7,729 - 7,729 7,729
Volunteer Expenses - 981 981 - 1,768 1,768
ARISE - 13,867 13,867 - 15,790 15,790
Employment Project - 1,554 1,554 - 1,580 1,580
Lace Up Your Boots Project - 3,397 3,397 - 3,207 3,207
Staff Training - 411 411 - 579 579
Insurance - 1,501 1,501 - 1,492 1,492
Consultancy/ Evaluation - 12,133 12,133 - 16,813 16,813
Stationary & Postage - 706 706 - 1,413 1,413
Website & It support 242 55 297 - - -
Advice UK - 3,743 3,743 - 1,666 1,666
Project cost- Family Funday - 4,568 4,568 - 6,916 6,916
Publicity & Adverts - 329 329 - 824 824
Bank Charges 36 - 36 82 - 82
Hospitality - 47 47 - 142 142
Depreciation - 2,054 2,054 - 2,566 2,566
Total 278
======		 132,372
======		 132,650
======		 82 162,924 163,006
======
===== ======

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5. Governance Costs:

Un-restricted
Funds		 Restricted
Funds		 Total 2025
Total 2026
£ £ £ £
Bookkeeping/ Payroll - 520 520 460
Compliance - - - -
Independent Examination - 1,200 1,200 950
Total -
=======		 1,720
======		 1,720 1,410
=======
=======

6. Expenditure on Charitable Activities by Activity type:

Charitable activities &
Support Cost		 Services Governan
ce		 Fund
raising		 Total 2025
Total 2026
£ £ £ £ £
Property Costs - - - - 1,790
Depreciation 2,054 - - 2,054 1,302
Direct Costs 52,321 1,720 - 54,041 51,703
Salary 77,997 - - 77,997 86,749
Other indirect Costs 278 - - 278 70
Total 132,650
=======		 1,720
=======		 -
======		 134,370 141,614
=======
=======

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7. TRUSTEES EXPENSIS

No expenses are paid to Trustees.

No employee earned more than £60,000 during the year (2025: nil).

8. Related party transactions

There are no related party transactions to disclose for 2026 (2025: none) There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

9. Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10. Fixed Assets

Computers Office Equipment Total
£ £
Cost
At 1 April 2025 13,421 1,883 15,304
Additions - - -
Disposals - - -
At 31 March 2026 13,421 1,883 15,304
Depreciation
At 1 April 2025 4,298 739 5,037
Disposals - - -
Charge this period 1,825 229 2,054
At 31 March 2026 6,123 968 7,091
Net book value
At 31 March 2026 7,298 915 8,213
At 31 March 2025 9,123 1,144 10,267

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HODAN SOMALI COMMUNITY

Notes to the financial statements (continuing)

Year ended 31 March 2026

11. Debtors

Debtors 2026 2025
£ £
MIDAYE PARTNERSHIP 7,500 -
Total 7,500
========		 -
=======

12. Creditors

2026 2025
£ £
Deferred Income - -
Independent examination 1,200 -
Trading Creditors 5,386 -
6,586
=====		 -
=====

Accruals: Provision for Accountancy fees.

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• Benefits in kind

There were no benefits in kind in the period.

• Independent examination and accountancy services

During the period, the cost of the examination and accountancy services was £1,200.

• Glossary of terms

Restricted funds: These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.

Creditors These are amounts owed by the charity, but not paid during the accounting period.

Debtors: These are amounts owed to the charity, but not received in the accounting period. Prepayments: These are services that the charity has paid for in advance, but not used during the accounting period.

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