2024-03-31-accounts - Council Of Somali Organisations

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Company No. 07405401

Charity No. 1154667

Council of Somali Organisations Ltd (A company limited by Guarantee)

Annual Report and Financial Statements

For the year ended 31[st ] March 2024

Council of Somali Organisations (CSO)

Contents	Page
Directors’ and Trustees’ Report	1-8
Independent Examiner’s Report	9 - 10
Statement of Financial Activities	11
Statement of Financial Position	12-13
Statement of Cash Flows	13
Notes to the Accounts	14 - 26

Council of Somali Organisations Ltd Directors’ and Trustees’ Annual Report For the 12 months ending 31[st ] March 2024

The Trustees are pleased to present their annual director’s report together with the financial statements of the charity for the 12 months ended 31[st ] March 2024, which are also prepared to meet the requirements for a directors’ report and Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statements of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Effective 1 January 2015). REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name Council of Somali Organisations Charity registration number 1154667 Company registration number 7405401 Registered office 3rd floor, 86-90 Paul St, London EC2A 4NE ,

Board of Trustees

The trustees and directors who served during the period were as follows: Mr. Abdirahman Xirsi-Vice Chair (elected 28[th] March 2019) (Elected Chair 4th November 2021)

Dr. Fowzia Ahmed Ibrahim (elected 4th November 2021)

Mr. Shakiib Weheliye-Treasurer since 21st November 2019 (elected 12th June 2019) Ms Mariam Ali Abdulle (elected 16th November 2023) Miss Fadum Saeed (elected 16th November 2023) Mrs. Hanna Ali Al Khleifat (elected 28[th] March 19 resigned 31 March 23) Company Secretary Mr. Kahiye Alim (Appointed 1[st] November 2018) Director Mr. Kahiye Alim Independent Examiner

R&A CONSULTANCY LTD Chartered Certified Accountant 30 Roycroft Close, South Woodford, London. E18 1DZ. Bankers Barclays Bank Barclays Retail Banking London E19PL

OUR PURPOSE AND ACTIVITIES

Established in 2010, the Council of Somali Organisations (CSO) is an independent National charity. We were launched to deliver capacity-building support to increase the operational effectiveness of organisations supporting the Somali community.

More broadly, today, we work to:

★ Help integrate Somalis Community in the wider UK society;
★ Improve their conditions and quality of life;
★ Represent their interest and voice(s) when it comes to shaping policy that affects them.

We do this by delivering capacity building support to member voluntary and community organisations, events, by undertaking research and campaign or policy work and through empowerment training for the benefit of the Somali Community in the UK.

THE NEW RESTRUCTURE – 2020 Themes, Objectives, Outputs & Structures

The CSO has evolved over the last few years and reacted to changes in demand, needs, problems and policies which affect the Somali Community in the UK. Although it has successfully supported organisations and individuals for over 10 years, it now becomes more proactive in its approach, more strategic in what it offers and stronger in its demonstration of its expertise and knowledge.

CSO has become the leading equalities organisation representing the interest of the Somali community.

CSO has undergone major restructuring and changes with the appointment of a Somali speaking director after 8 years and professionalization of the Board of Trustees. CSO has also its first ever woman Chair and a gender balanced board.

The proposed change to the structure represents a more coherent and coordinated approach to a rapidly changing environment. The use of a ‘themed’ based model will allow new projects, activities and interventions to be managed strategically and focused on pertinent issues facing the Somali community and Somali organisations in the UK over the next three years.

Four distinct but connected themes will oversee the operational delivery of projects and activities, reporting directly to the Director, allowing him to manage and lead and be more

visible in the sector. The CSO’s Board as result of the Member’s Needs Assessment conducted in 2019 and a review of CSO’s objectives has identified that the four major strategic themes for the next 3 years are;

Education;
Employment;
Health and Wellbeing;
and with the overarching theme of Criminal Justice across.

Each theme has a Working subgroup from CSO’s members will have a combination of paid staff and volunteers with at least one allocated board member.

With this in mind, CSO will endeavor to ensure that each theme has a strategic person from the board allocated to it – this will serve a dual purpose – supporting each theme to function with the vision and mission in mind as well as ensuring that the individual themes are continuously feeding into the organisations planning.

In addition, CSO members will be aligned to specific themes – allowing for a strong cohort involved and representing each theme. This will give focus for member organisations and a more efficient use of time and capacity. (Each member can be aligned to more than one theme as long as their core work is linked).

Each themed department/subgroup will have three core functions: Policy, Voice and Development.

Council of Somali Organisations Ltd

Policy: To be able to respond and influence policies at local and national level including participating in consultations, writing reports and producing briefing papers as well as producing action research.
Voice: To be able to express and represent the needs, issues and narrative of the Somali community and Somali community organisations. To be able to develop a collective voice at various platforms including social media, events, reports, consultations, Government level, mainstream media etc.
Development: to develop the skills and capacity of the Somali community sector. This should be done from two separate but overlapping avenues: Leadership development and organization development and should be done via a range of tools, i.e. training, coaching, action learning and mentoring. It is important to develop both the people and the structures.

Training and workshops should include the standard capacity building topics as there is continued need for these (Writing better Funding Applications, Monitoring and evaluation,

perfecting pitches, H&S, Safeguarding, governance, strategic planning etc.), however there is a gap in areas such as marketing, messaging, social media, networking etc.

Objectives & Activities (Actions): Objective 1 - Research

Action: produce an annual report, launched at CSO’s annual conference. Produce quarterly reports on the thematic priorities that are circulated throughout the membership. Use research evidence in key meetings, boards, and other fora.

Objective 2 – Partnership

Action: to foster an environment of partnership and collaboration, creating opportunities for people to work together for the good of the Somali community. Objective 3 – Leadership and professional skills

Action:

Organising, amplifying and articulating the collective voice and needs of the Somali Community at Local, Pan-London and National level.
Building bridges within the Somali Community and also with the wider BAME communities.
Enabling the environment for the development of community leadership, especially women.

Our vision

To achieve cohesive, integrated and successful Somali communities.

Our mission

To provide a strong, collective and credible voice for Somali communities in the UK and to articulate the aspirations and interests of Somali communities.

Our strategic objectives:

Our work is underpinned by the following strategic objectives:

★ We will provide a local network group that encourages and enables members of the Somali community to participate more effectively with the wider community;

★ We will increase or coordinate opportunities for members of the Somali community to engage with service providers, to enable those providers to adopt services;

★ We will provide education and information to support and enable the Somali community to maximise education opportunities;

★ We will raise public awareness of the issues affecting the Somali community and their children, both generally and in relation to their social exclusion;

★ We will provide development support, forums, advocacy and general support to better meet the needs of that community.

Our achievements & performance

Key Summary Achievements for the year 2023 to 2024:

➢ We continue to increase the membership of CSO which is now 270 plus including 43 Mosques. We have gained 45 new members across 14 metropolitan areas in the UK in the past 12 months.
➢ The use of our website and a UK Wide Somali Community Hub website continues to grow including the Community App.
➢ CSO Panel of Bid Writers continues to provide bid writing support to our members on PAYE basis since the end of the Lottery funding.
➢ Our Working Groups for our members continue to be the backbone of information sharing with our members.
➢ We now have a broad thematic based programming approach to our work. In the past 12 months we have focused on increasing our capacity building activities with the support and funding from the Legal Education Foundation to support 20 plus Somali CVO in Benefits training, Money & Debt and Housing law in partnership with The Benefits Training Company, Shelter and AdviceUK.
➢ It is clear the effect of the austerity and underfunding of the Third Sector has had a devastating effect on our membership in that they are in survival mode. This funding gaps has also impacted on CSO with very little funding for tier 2 organisations to support core activities.

➢ The period 2023/2024 has demonstrated with the result of the Needs Assessment that there is still a long way to go in building the capacity of Somali led VCO’s.
➢ CSO continues to increase its National and Pan London profile as the leading representative organisation of the Somali Community in the UK. CSO’s role in raising awareness of the issues facing the Somali Community and Somali led CVOs involves participating in the following:
Funder Forums- LCRF, NET/UK Communities, Comic Relief, TNCLF and London Funders. We have invited funders to our workshops.
Race & Equality forums such as Coalition on Race Equality & HEAR. 3. Religious Forums- with the Church of England, Board of Deputies, Muslim Council of Britain. CSO has a board seat on the MCB.
Engaging and working with other Infrastructure Organisations such as Power to Change, BAME Funders and SIB Funders.
Engaging with Government and Local Authorities- DCMS, Dfe, DoH, and GLA through the MRAP and Mayor’s Equality, Diversity and Inclusion (EDI) Advisory Group, Metropolitan Police through the Somali MET Forum.
Working with Research Institutions and Universities on bidding for research funding on issues affecting the Somali Community.
We helped member CVOs to develop professional networks, partnerships and collaborations, share resources, and to learn from other’s success stories and challenges.
We continued to work with the ONS on the dissemination of the Census 2021. CSO holds regular online briefings with the ONS on the data outcomes of the Census 2021.
We continue to engage with the Refugee Council led RCO Forum which started in 2019. Our Director is the elected chair of the Forum once again.

We are grateful to Trust for London, The Legal Education Foundation and NHS England for supporting CSO and the Somali Community in the UK.

Somalis in the UK

The United Kingdom (UK) is home to the largest Somali community in Europe, with an estimated 98,000 Somali-born immigrants residing in the UK in 2016 according to the Office for National Statistics. The majority of these live in England, with the largest number found in London. Smaller Somali communities exist in Birmingham, Bristol, Manchester, Liverpool, Leicester, Milton Keynes, Sheffield and Cardiff.

The earliest Somali immigrants in the UK were lascars, seamen and merchants who arrived in the 19th century. A second small group of seamen came during the Second World War with the Royal Navy, and stayed in search of employment. During the 1980s and 1990s, the civil war in Somalia led to a large number of Somali immigrants, comprising the majority of the current Somali population in the UK.

Between 1985 and the end of 2006, Somalia was consistently one of the top ten asylum applicant producing countries in the UK.10 Asylum applications by Somalis to the UK rising from 305 in 1988 to a peak of 7,495 in 1999 and then dropping to 1,845 in 2006. The Somali community represents one of the largest Muslim groups in the UK. The Somali community in the UK includes British citizens, refugees, asylum seekers, persons granted exceptional leave to remain, irregular migrants, and Somalis who have moved to Britain after being granted refugee status in other European states.

According to the 2011 Census, 36 percent of Somali-born residents of England and Wales arrived in the UK during the 1990s. The majority (57 per cent) arrived after 2001, with around 25 per cent arriving between 2001 and 2003.

There is an estimate of 463,000 Somalis in the United Kingdom (ONS, 2019). Somali communities in the UK are facing significant equalities challenges. Somali organisations have called on authorities for responses on how to address ethnic health inequalities experienced by these communities and for improved consideration of social value in public sector health and social care commissioning.

Services to the public

The Council of Somali Organisations provides benefit by improving the lives of the public through our support of community organisations across the UK, through training, mentoring, advice and guidance for staff, volunteers and trustees and through promoting equality, social justice and inclusion of the communities that we serve.

Almost all of our member VCOs provide front line services to the public, and in particular to members of the Somali community, so as to address disadvantage, inequality, social injustice and poverty. Our events, advocacy and seminars dealt with a number of public issues including cohesion, mental health and wellbeing, crime, drugs and substance misuse, welfare benefits, housing, immigration, refugee support, radicalisation and prevent agenda (government anti-terrorism programme). In addition to capacity building and research activities, CSO works to influence policy and to do this effectively we represent the voice and interest of the Somali community at a number of forums including the Mayor of London’s Migrant and Refugee Forum.

In addition, we deliver roundtable discussions and forums on social and economic issues as they impact on Somali communities. The information gathered, together with the evidence from our research activities, is used to inform decision-making impacting the development of the Somali community in England. Some events delivered by CSO and also in partnership with other second tier organisations for example Islington Refugee Forum, Black Training Enterprise Group, and Evelyn Oldfield Unit.

Public benefit statement

In shaping our objectives for the year and planning our activities, the Trustees have considered S.17 of the Charities Act 2011 and the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PD2). The achievements and activities above demonstrate the public benefit arising from the charity’s activities.

Risk Management

The trustees have assessed the major risks to which the Council of Somali Organisation is exposed and are satisfied that systems are in place to mitigate exposure to the major risks including maintaining a risk register, which is reviewed annually.

Mr. Abdirahman Xirsi-Chair

Date – 20/12/2024

Independent Examiner’s Report to the trustees of Council of Somali Organisations Ltd Year ended 31[st] March 2024

I report to the trustees on my examination of the financial statements of Council of Somali Organisations (‘the charity’) for the year ended 31[st] March 2024

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006(‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner’s Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants (ACCA), which is one of the listed bodies.

I have completed my examination; I confirm that no matters have come to my attention in connection with the examination giving me cause to believe;

Accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
The financial statements do not accord with those records; or
The financial statements do not comply with the accounting requirements of section396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
The financial statements have not been prepared in accordance with the methods and principles of the statement of Recommended Practice

for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 20/12/2024

Mohammad Gias Uddin, FCCA R & A Consultancy LTD Chartered Certified Accountant 30 Roycroft Close, South Woodford, London. E18 1DZ.

Council of Somali Organisations Ltd Company Limited by Guarantee Statement of Financial Activities

(Including income and expenditure account) 31[st] March 2024

Incoming / Expenditure Resources	Not e	Unrestri cted Funds	Restricte d Funds	TOTAL Funds 2024	TOTAL Funds 2023
Income from:		£	£	£	£
Donations and Legacies	8	-	166,891	166,891	377,784
Charitable activities:
Training, events, capacity building and business mentoring	9	2,713	-	2,713	6,420
Investment Income	10	65	-	65	17
Total Income		2,778 ======	166,891 ======	169,669 ======	384,221 ======
Expenditure on:
Fundraising	11	-	-	-	-
Charitable Activities:	11	-	237,415	237,415	366,020
Total expenditure		- ======	237,415 =======	237,415 ======	366,020 ======
Net Income / (expenditure) & net movement in funds		2,778	(70,524)	(67,746)	18,201
Reconciliation of funds:
Total funds brought forward		22,901	98,662	121,563	103,362
Total funds carried forward		25,679 ======	28,138 =======	53,817 ======	121,563 ======

The statement of financial activities includes all gains & losses recognised in the year. All income and expenditure derive from continuing activities. The notes on page 17 to 26 form part of these financial statements.

Council of Somali Organisations Ltd Company Limited by Guarantee Statement of financial position	Council of Somali Organisations Ltd Company Limited by Guarantee Statement of financial position	Council of Somali Organisations Ltd Company Limited by Guarantee Statement of financial position	Council of Somali Organisations Ltd Company Limited by Guarantee Statement of financial position	Council of Somali Organisations Ltd Company Limited by Guarantee Statement of financial position


31st March 2024
FIXED ASSETS	Note		2023		2022
		£	£	£	£
Tangible Fixed Assets	19	-	39,584	-	49,481
Current Assets
Cash at Bank and hand		22,486		89,432
Debtors	16	-		8,104
Total Current Assets			22,486		97,536
Current Liabilities
Creditors: Amounts falling due within oneyear	17	(8,253)	(8,253)	(13,454)
Advance Received from Funder within theyear	18	-	-	(12,000)	(25,454)
Net current Assets			14,233		72,082
Total Assets Total assets less current Liabilities			53,817		121,563
	Funds of the charity:
Restricted Funds	21		28,138		98,662
Unrestricted Funds:	21
General funds			25,679		22,901
Total Funds			53,817 ======		121,563 ======

For the year ending 31[st] March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

● The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

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

● These accounts have been prepared in accordance with the provisions applicable to companies’ subject to the small Companies regime and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

These financial statements were approved by the board of trustees & authorised for issue on 20/12/2024, and are signed on behalf of the board by:

Signed ______ Name: Mr. Abdirahman Xirsi-Chair

Council of Somali Organisations Ltd

Company Limited by Guarantee

Statement of cash flows For the year ended 31 March 2024

	Note	Note 2024	2023
	£	£	£
Net cash provided by / (used) operating activities	22	(54,946)	25,635
Cash provided by / (used in) investing activities	19	-	-
Cash provided by / (used in) financing activities	18	(12,000)	(21,750)

Change in cash and cash equivalents in the year	23	(66,946)	3,885
Cash and cash equivalents at the beginning of theyear		89,432	85,547
Cash and cash equivalents at the end of the year		22,486 =======	89,432 =======

Council of Somali Organisations Ltd Company Limited by Guarantee Notes to the financial statements Year ended 31[st] March 2024

1. General Information

The Charity is a private Company Limited by Guarantee, registered in England & Wales and a registered charity in England & Wales. The address of the registered

Statement of Compliance

These financial statements have been prepared in compliance with FRS102,’ The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (charities SORP (FRS 102)) and the charities Act 2011.

2. Accounting policies

Incoming resources

Voluntary income and donation are included in incoming resources when they are receivable except when the donors specify that they must be used in future accounting periods or donor’s conditions have not been fulfilled, then income is deferred. The income from fundraising ventures is shown gross.

Donated services and facilities

Income from donated services and facilities is included in incoming resources at a valuation, which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised when there is no financial cost borne by a third party.

Resources expended

Resources expended are included in the statement of financial activities on an accrual’s basis, inclusive of any VAT, which cannot be recovered.

Expenditure, which 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 of generating funds on a basis consistent with the use of these resources.

Cost of generating funds includes salaries, direct expenditure and overhead costs of the staff who promote fundraising including events.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Funds

Restricted funds are to be used for specific purpose as laid down by the donor. Expenditure, which meets these criteria, is charged to the fund together with a fair allocation of management and support costs. Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the management committee for particular purposes.

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income & expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity’s ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemption: - No cash flow statement has been presented for the company.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purpose.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two subclasses: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity: it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

● Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipts is probable, its amount can be measured reliably.

Legacy income is recognised when receipt is probable, entitlement
is established.

● Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor, or the estimated resale value can be reliably measured. No amounts are included for the contribution of general volunteers.

● Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned it unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

● Expenditure on raising funds includes the costs of all fundraising activities, events non-charitable trading activities and the sale of donated goods.

● Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

● Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible Assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of assets, less its residual value, over the useful economic life of those assets as follows:

Furniture & equipment - 20% reducing balance. Telephone System - 33.33% Straight-line Method

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are

recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

3. Limited by guarantee

The company is limited by guarantee without share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member.

4. Pensions and other post - retirement benefits

All staff has been offered a pension contribution recognised by HMRC. All staff has opted out so there are no pension assets to administer and there is no other post – retirement benefits funded by the charity.

5. Investment Income

None Funds are held in a non-interest-bearing bank account. There are no bank charges associated with the account and trustees believe the achieve value for money in respect to the services provided by the bank.

7. Financial Instruments:

Carrying amount: Debt instruments on the balance sheet represent real and fair value. Financial liabilities on the balance sheet represent real and fair value.

8. Income from donations and legacies

Grants, donations and legacies:	Unres tricte d Funds	Restricted Funds	2024	2023
	£	£	£	£
Trust for London	-	50,000	50,000	50,000
Trust for London Living cost	-	-	-	2,500
Macmillan Charity	-	-	-	5,980
B-Ham City Council	-	-	-	4,000
The Legal Education	-	75,000	75,000	-
Mayor’s Office- MPS	-			27,000
City Bridge Trust	-	24,000	24,000	48,000
National Lottery (TNCLF)	-			217,500
City Bridge Trust- Cost of Living	-	-	-	4,800
NHS England Vaccine Contact	-	17,891	17,891	8,104
NHS England Vaccine Grant	-	-	-	9,900
TOTAL	- =====	166,891 =====	166,891 ====	377,784 ====

9. Income from Charitable Activities

.	Un- restricted	Restrict ed	2024	2023
	£	£	£	£
Other Income	103	-	103	800
Consultancy fees	2,610	-	2,610	3,600
Consultancy fees	-	-	-	1,520
British Refugee council	-	-	-	500
TOTAL	2,713 ========	- =====	2,713 ======	6,420 =====

10. Income from Investments

.	Un- restricted	Restrict ed	2024	2023
	£	£	£	£
Bank Interest	65	-	65	17

Total	65 ======	- ======	65 =====	17 =====

11. Analysis of Expenditure

	Costs of raisin g funds	Direct Charitable expenditur e	Governanc e costs	Support	Total 2024	Total 2023
				costs

	£	£	£	£	£	£
Remuneration/Salary (13)	-	63,766	-	-	63,766	127,836
Tax & Social Service (13)	-	14,144	-	-	14,144	48,247
Employerspension(13)	-	5,039	-		5,039	13,858
Premises & administration	-	7,036	-	-	7,036	17,725
Project Cost	-	128,256	-	-	128,256	128,114
Training & Org Development	-	1,831	-	-	1,831	2,233
Legal, Accountancy & IE	-	2,742	1,500	3,204	7,446	15,636
Depreciation	-	9,897	-	-	9,897	12,371
	- -------	232,711 ----------	1,500 --------	3,204 ---------	237,415 -----------	366,020 -----------
Governance Costs	-	1,500	(1,500)	-	-	-
Support Costs	-	3,204	-	(3,204)	-	-
Total Expenses	- ====	237,415 ======	- =====	-	237,415	366,020 =====
				=====	=====

Support Costs have been allocated on the basis of staff hours engaged in each activity. Of the total expenditure (2023/20224), £0 was unrestricted and £237,415 was restricted.

12. Independent examination fees

12.Independent examination fees
	2024	2023
Feespayable to the independent examiner for:	£	£
Independent examination of the financial statements	1,500	1,500
Total	1,500 ========	1,500 =======

13. Staff Cost

The total staff costs and employee benefits for the reporting period are analysed as follows:

analysed as follows:
	2024	2023
	£	£
Remunerations/Salaries & Wages	63,766	127,836
Tax & National Insurance	14,144	48,247
Pension contributions	5,039	13,858
Total	82,949 ========	189,941 ======

The average head count of employees during the year was 5 (2023:8). The average number of fulltime equivalent employees during the year is analysed as follows:

	2024	2023
	£	£
Number of management and administrative staff	4	6
Number of core service staff	1	2
Total	5	8

No employee earned more than £60,000 during the year (2023: nil).

14. Trustee remuneration and expenses

SORP 2015 requires the following statements to be made:

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity (2023: £nil).

15. Related parties:

There are no related party transactions during the year.

16. Debtors:

	2024	2023
	£	£
NHS England Vaccine	-	8,104
Total	- ========	8,104 ========

17. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade Creditors	4,753	8,271
Pension Payable	-	1,683
Accounts & Audit	3,500	3,500
Total	8,253 =====	13,454 =====

18. Advance Received from The Funder within the year:

	2024	2023
	£	£
City Bridge Trust	-	12,000
Total	- ======	12,000 ======

19. Fixed Assets

		Compute r Equipment	Furnitur	Telepho	Total
			e	ne &
				Software
		£	£		£

	Cost


At 1 April 2023		72,457	10,192	15,469	98,118
Additions		-	-	-	-
At 31 March 2024		72,457	10,192	15,469	98,118

	Depreciation


At 1 April 2023		35,359	4,974	8,304	48,637
Charge this period		7,420	1,044	1,433	9,897
At 31 March 2024		35,359	4,974	8,304	48,637

	Net book value


At 31 March 2024		29,678	4,174	5,732	39,584
At 31 March 2023		37,098	5,218	7,165	49,481

20. Movements in Funds

Funds:	Balance	Incoming	Incomin	Outgoing	Balance
	at 1st	Unrestricte	g		at 31st
	April	d	Restricte		March
	2023		d		2023
Restricted Funds:	£	£		£

Balance brought Forward	98,662	-	-	(70,524)	28,138
Trust for London	-	-	50,000	(50,000)	-
The Legal Education			75,000	(75,000)	-
City Bridge Trust	-	-	24,000	(24,000)	-
NHS VACCINE - Contract	-	-	17,891	(17,891)	-
Total Restricted Funds	98,662	-	166,891	(237,415) -----------	28,138
	-----------	---------	----------		----------
Unrestricted Fund:
Brought Forward	22,901				22,901
General Income/Funds	-	2,778	-	-	2,778
Total Unrestricted Fund	22,901	2,778	-	- -----------	25,679
	---------	----------			----------
Total Fund Carried Forward	121,563	2,778	166,891	(237,415) =======	53,817
	======	======	======		======
	=				=

21. Analysis of net assets between Funds:

	Unrestricte d Fund	Restricted Funds	Total Fund 2024
	£	£	£
Current assets	22,486	-	22,486
Creditors: Amounts falling due within oneyear	-	(8,253)	(8,253)
Fixed Assets	3,193	36,391	39,584
Net Assets	25,679 =======	28,138 ======	53,817 =======

22. Reconciliation of net Income/ (expenditure) to net cash flow from operating activities:

	2024	2023
	£	£
Net movement in funds for the reporting period (as per the statement of financial activities)	(67,746)	18,201
(Increase)/decrease in debtors	8,104	(8,104)
Increase/(decrease) in creditors	(5,201)	3,167
Depreciation	9,897	12,371
Net cash provided by / (used in) operating activities	(54,946) =======	25,635 =======

23. Analysis of cash and cash equivalents

	At 1 April 2022	Cash flows	At 31 March 2023
	£	£	£
Cash at bank and in hand	89,432	(66,946)	22,486
Total cash and bank equivalents	89,432	(66,946)	22,486

24. Company Limited by guarantee

Council for Somali Organisations is a company Limited by guarantee and accordingly does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.