SOMALI ADVICE LINK ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Charity No. 1151476
SOMALI ADVICE LIIYK Content5 Page Trnstee5 Aryl Pn)f¢ssional Advisors Trustees Rep)rt Indenden1 E¥amitrr's R¢p)rt Statement of FInala1 Aciji'itics Bala¥e Set Notes lo dccolltys
SOMALI ADVICE LINK TRUSTEES AND PROFESSIONAL ADVISORS TRUSTEES: Mr. Muhamad Siddique Sulaiman Ichair) Mr. Muharnmad Rizwan Qayyum (Secretary) Mr. M&xamcd Ibrnhim (Trcasurcr) mr.omar B. Osman Mrs Dclainc Ferguson MAIIY OFFICE: Unit 7, Criocca Business Park 2 Hcllidon Clos¢ ArdL¢k Manchesler M124AH BANKER: HSBC Thomcliff¥ Hous¢ 348-350 Oxford Road Manchester M13 9NG ACCOUNTANTS: Globa] Ac¢ounLincy Serviccs 63 knngsw'ay Manchestrr M192LL
SOMALI ADVICE LINK TRUSTEES REPORT Th¢ trnstees present their report and thc financial sthtements ftbr the year ended 31 March 2024 Introduction To provid¢ reli¢f for Somali community in Manchcster without distinction of age sex, nationality. political or rcligious or othcr opinions b). associating th¢ nationaillo¢ai, volunwy organisations and inhabitants in a common ¢ffort to advanc¢ ¢ducation. th¥ proi¥¢tion of health and th¢ relief of poverty, distrcss or stckn¢ss. to provid¢ facilitics in thc intcrcst of socia] w'clfarc for r¢crcation and I¢Lsure lime occupation for thc Somali community of thc arcas of bcncfit with thc objcct of improving thc conditions of lifc for them. The Trnstee5 Responsibilities Charity law requires the trnste¢s to ppare statements of account5 for each financia] year. In Pr¢paring thosc financial statcmcnts, thc trustccs arc rcquircd to.'- Selcct suitablc accounting ]x)lici¢s and appl). thcm consistcntly Mak¢ judgFements and estimates arL' rL'asonable and prudent Prepare thL fin3cIal statL'ments on th¢ bioing concern basis unless it is inappropriate to presume that thc Irust will coniinue (o opcraie. The trustees are responsibl¢ for k¢eping propcr accounting records which disclose with reasonable accuracy at any timc thc financia] posilion of thc chanty and to cnablc thcm to cnsurc that the financlai stat¢m¢nts comply M'ith ' Thc Chatity (Accounts and Audiil Regul&ions 2011. Mr Muhamad Siddique Sulaiman Chairperson 23 January 2025
Independent Examiner's Report to the Trustees of Somali Advice Link I report on th¢ accounts of the ¢haritv for thc year ended 31 Mar¢h 2024. Respective responsibilities of trustees and examiner The charity's tTusi¢¢S are responsible for the prcparation of the accounts. The charity's tjustees considcr that an aLkdit is not required for this y¢ar undcr s¢ction 144 of thc Charities Act 2011 (the 201 l Aa} and that an ind¢p¢ndent cxaminaiion is n¢¢ded. It is my responsibility to: Examine the account5 under section 145 of thc 2011 Act: Follow the proccdurc5 laid doThiJ In thc gcncrai Directions given by thc Charity Commission under scction 14515)Ib) of thc 201 l Act. and Stat¢ i%hLth¢r particular mattcrs hav¢ comc to my attcnts'on. Basis of independent examiner'5 report My cxamination 'aS carried out in accordance with the genera] Dircctions given by the Charity Coinmission. An cxaJyJination includes a revi¢. of the accounting rccords kcpt b%, thc charity and a comparison of the accounts prcscntcd with those records It also includcs considcration of any unusual items or disclosurcs in thL aOuntS. and seeking explanations from vou as trustCC5 wnc¢rning any such matters. The proccdurcs undcttskcn do not providL ail the evidcncc that Is'ould be requir¢d in an audit and ¢ons¢quentlv no opinion is givcn as to Lther thc accounts pr¢scnt a "truc and fair view" and the report is limitLd to those matters set out in thL Statement below. Independent examiner's statement In connLCtion with MN. examination, no mattcr has ci>mL io mv att¢ntion'. which gives m¢ reasonablc causc to bclicvc that. in any material respcct. the rquir¢ments.' to kcep accounting record5 in accordancc with section 130 of the 2a I l Act. and lo prepare accounts which accord with the a¢¢ounting rccords and comply the accounting rcquirements of the 201 l Act havc not bccn met. or 2. to which. in opinion. attL"ntion sliould b¢ drawn In ordcr to cnaiilc a proper understanding of the accounts to be reh¢d Qaisar Abbas FCCA Global Accountancv Services Chartered Certified AccounLints 63 Kingsivay Manchcstcr M192LL 23" January 2025
SOMALI ADVICE LINK Stalement of Financial Activities Forthe year ended 31 March 2024 Noles 2024 2023 INCOMING RESOURCES Restricted Funds Unrestricted Funds 83.368 17,217 104,665 27,452 100,585 132,117 LESS: RESOURCES EXPENDED DIRECT CHARITABLE EXPENDITURE Wages and allowances Rent Volunteers Expenses stationery and printing Consultancy 28,700 17.724 8,661 37,488 18,536 3,806 57 32,157 46,487 101,572 92,044 MANAGEMENT & ADMINISTRATION Telephone and intemet Rates light & heal Insurance Bank charges Accountancy fee Other legal & Professional Sundry expenses Depreciation 1,248 2.374 958 78 900 1.160 2,924 (13) 99 800 212 2,466 696 3,222 826 9,606 8,344 TOTAL RESOURCES EXPENDED 111,178 100,388 NET INCOME FOR THE YEAR {10,5931 31.729 BALANCE BROUGHT FORWARO 81,944 50.215 BALANCE CARRIED FORWARD 71,351 81.944
SOMALI ADVICE LINK Balance Sheet As at 31 March 2023 Notes 2024 2023 FIXED ASSETS: Tangible Assets 3.303 2,786 3.303 2,786 CURRENT ASSETS: Cash at bank in hand 75,604 75,604 85,796 85,796 CURRENT LIABILITIES: Creditors Accruals Other taxes and social security 900 6,657 800 5.837 7,557 6,637 NET CURRENT ASSETS 68,048 79,159 TOTAL ASSETS 71.351 81,945 REPRESENTED BY RESERVES Accumulated funs carried forward 71,351 81.944 71,351 81,944 We approve these accounts and confimi that we have made available all the infomialion and explanation for their preparation Trustee Mr. Maxarned Ibrahim Date.. 23 January 2025
Sornali Advice Llnk NOTES TO THE ACCOUNTS For the year endgd 31 March 2024 ACCOVNTING POLICES Ba¥1$ ol accounting Tho accounts have been prepared on the historical cost basis of accounting and in 8ccordanc8 Wth appliGable accounting standards and comply ivith the Statemenl of Recommended Practice Accounting by Charities ISORP 20051. InGowne Income and expenses are accounted for on 8 receipt basis. Tangl& fixed asselg Depreciahon is provided al rates calculatgd to off the cost1gSS the residual vale of each asset over its expected useful lrfe as follows.. Ccmnpulers Fixtures, fittings and equipments 20%- Reducing balance 20%. Reducing balance INCOMING RESOURCES Rosincted Funds.. Natlonal Heritage Rukba TIA Independ Manchester City Council Reaching Community Community Organisation 9,992 20,000 10,000 21,224 22,152 83,368 Unreslricled Funds= GTF- HMRC We Are Degital Other Garfield Weston 5100 1,500 617 10,000 17.217 100,585
Office Equipments Cornputers Cost Cost as al 01 Apr 2023 Additions 3,645 1,344 5,629 4,989 5,629 Le55.' Depreciation Al 01 Apr 2023 For the year 3,253 347 3,235 479 3,600 3,714 Nel book value at 31 March 2024 1,389 1.915 Net book value at 31 March 2023 392 2,394