HORN OF AFRICA ACTION FOR DEVELOPMENT **CHARITY NUMBER: 1155224** **HORN OF AFRICA ACTION FOR DEVELOPMENT** **Trustees' Report and Unaudited Financial Statements For The Year Ended 30[th] September 2021** **YASS ACCOUNTANTS AND CONSULTANTS LTD 17 Meredith street London E13 0EG** ## **HORN OF AFRICA ACTION FOR DEVELOPMENT** Company Information Trustees: Nawrish Nawrish (Chairman) Musa Eid (Deputy Chairman) Maliki Sharif (Treasurer) Jama Farah (Secretary) Charity Number:Registered 1155224 Address: 198 Balaam Street Plaistow London E13 8RA Independent Examiners: YASS ACCOUNTANTS AND CONSULTANTS LTD 17Meredith street London E13 OEG ## **HORN OF AFRICA ACTION FOR DEVELOPMENT** Contents Page |Report of the Trustees|1| |---|---| |Independent Examiner's report to the|2| |Trustees Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 6| ## **HORN OF AFRICA ACTION FOR DEVELOPMENT TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 20201** The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 30 SEPTEMBER 2020. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015). ## **Aims & Objectives** Horn of Africa Action for Development (HAAD) is an independent non-government organisation (NGO) registered in UK and established on 19 June 2009 by group of British Somalis. We have 100% donation policy as a group we raise funds from individuals, organizations and organize fundraising events. our aim is not to provide charity but to provide resources to empower, inspire communities for people to build, create, and plan for a brighter future. Our mission is to eradicate poverty, offer and support education, facilitate health and welfare by developing innovative and sustainable solution that enables individuals and families to achieve basic living standards and a life of opportunity. ## **Legal structure** The organisation is a charity registered on 07 January 2014. ## **Financial statements** The trustees submit their trustees’ report and financial statements for the year ending 30 SEPTEMBER 2020. ## **Statement of trustees' responsibilities** The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the charity. Trustees are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the Memorandum and Articles of Association. ## **Principal activities** The charity's principal activity during the period was; -Educational and healthcare support services -Social work activities ## **Independent examiner's and accountants** Yass Accountants and Consultants Ltd. are the independent examiners. This report was approved by the board on 28[th] July 2020 and signed on its behalf. Nawrish Nawrish Chairman 1 **HORN OF AFRICA ACTION FOR DEVELOPMENT** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019** I report to the trustees on my examination of the accounts of the charity for the year ended 30 SEPTEMBER 2020 ## **Responsibilities and basis of report** As the charity Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the charity 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 your charity's accounts 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 examiners statement** 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 that in any material respect: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 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 4. the accounts 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 (FRS 102). 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. ## **YASS ACCOUNTANTS AND CONSULTANTS LTD** 28[th] July 2021 ## **HORN OF AFRICA ACTION FOR DEVELOPMENT STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2021** **Notes 2 2021 2022 £ £ Income & endowments from:** Donations & legacies - - - - Charitable activites - - - - Other activites 1 - - - - Investments - - - - **Total** - - **Expenditure on:** Raising funds - - - - Charitable activites - - - - Other 2 - - - - **Total** - - - - **Net surplus** 3 - - **Reconciliation of funds** Total funds brought forward - - - - **Total funds carried forward** - - - - Dividends Retained profit for the year Balance brought forward Balance carried forward The notes on pages 5 to 6 form part of these financial statements ||3||| |---|---|---|---| |**HORN OF AFRICA ACTION FOR DEVELOPMENT**|||| |**STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER**|||**2020**| ||**20**|**21**
|**2022**| |||**Notes**|| |**£ £**|||| |**Fixed Assets**|||| |Tangible assets|4||- -| |- -|||| |**Current Assets**|||| |Debtors|5||| |- - - -|||| |Cash at bank and in hand|||| |- - - -|||| |**Creditors**|||| |amounts falling due within one year|6||| |- - - -|||| |**Total Assets (Current Liabilities)**|||**- -**| |- -|||| |**Creditors**|||| |amounts falling due after more than one year|||| ||- -|- -|| |**Total Net Assets (Liabilities)**|||- -| |- -|||| ## **The Funds of Charity** Endowment funds - - Income funds 7 - - - - For the year ended 30 SEPTEMBER 2022, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - 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 small companies' regime. - The financial statements were approved by the board on 28 July 2020 and signed on its behalf Nawrish Nawrish Director 4 **HORN OF AFRICA ACTION FOR DEVELOPMENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2019** **1. Income earned from other trading activites 2021 2022 £ £ Unrestricted funds** Alternative - - - - Grants & donations - - - - **Restricted funds** Grants & donations - - - - ## **2. Expenditure on other activities 2021 2022** ## **£ £** Building works - - - - Entertainment - - - - Miscellaneous - - - - Professional fee - - - - Recruitment & training - - - - Rent - - - - Subscriptions - - - - Utilities - - - - Depreciation - - - - ## **3. Net surplus/(expenditure) for the year £ £** - - ## **2021 2022** This is stated after charging/(crediting): Accountancy fees - - - - ## **4. Tangible fixed assets and depreciation** Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value; over their expected useful life on the following basis. Fixtures & Fittings 20% Reducing Balance Office Equipment 20% Reducing Balance **Cost or valuation Equipments Fixtures & fittings £ £** At 01 October 2018 - - - - Additions - - - - Total at 01 October 2018 - - - - Depreciation Charge for the year - - Net Book Values At 30 September 2020- - At 30 September 2020- 5 ## **HORN OF AFRICA ACTION FOR DEVELOPMENT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021** ## **5. Debtors** **2021 2022** Due within one year **£ £** Trade Debtors - - - - Other Debtors - - - - ## **6. Creditors 2021 2022** Amounts falling due within one year **£ £** Trade Creditors - - - - Bank Overdraft - - -- Sundry Creditors - - - - Others - - - - ## **7. Movement in funds** ## **Unrestricted funds** Balance at Incoming Outgoing Transfers Balance at 01 October 2020 Resources Resources 30 September 2021 **£ £ £ £ £** - - - - - - General **Restricted funds** Balance at 01 September2018 Incoming Outgoing Transfers Balance at 01 October 2019 **£ £ £ £ £ -** - - - - **-** General - - - - - ## **Unrestricted funds-Previous year** Balance at Incoming Resources Outgoing Resources Transfers Balance at 01 October 2021 01 October 2020 **£ £ £ £ £ £ - - - - - -** General - - - - - - Sundry Creditors Others 6