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2023-05-31-accounts

Somali Outreach Project

Charity No. 1159399

Trustees' Annual Report for the Year Ended 31 May 2024

Reference and Administrative Details

Structure, Governance, and Management

The Somali Outreach Project (SOP) operates as a Charitable Incorporated Organisation (CIO). The trustees are responsible for the overall control and management of the charity. They are elected and co-opted under the terms of the trust deed.

The charity has implemented detailed policies related to equality and diversity, health and safety, safeguarding children and vulnerable adults, data protection, recycling, and complaints.

Objectives and Activities

The primary objectives of SOP are to reduce crime, promote social inclusion, and build community capacity. These aims are achieved by engaging Somali youth and parents, collaborating with government institutions, and fostering dialogue within the wider community.

Key Activities Include:

Achievements and Performance

Throughout the year, SOP has continued to address youth crime and social inclusion through various programs and partnerships. Significant progress has been made in fostering community cohesion and supporting innovative local solutions.

Financial Review

For the period ending 31 May 2024, the Somali Outreach Project received funding from multiple sources to support its various initiatives:

The total income for the year was £49,148.50, with corresponding expenditures of £49,148.50, resulting in a balanced budget.

Plans for Future Periods

SOP aims to identify new funding sources to expand its projects and objectives. The organisation is also looking to attract talented individuals to join the board, bringing innovation and creativity to tackle service delivery challenges and support youth.

Risk Management

The trustees have identified major risks across various activities and have implemented measures to manage them effectively. A risk matrix has been developed to address these risks comprehensively.

Independent Examiner's Report

The financial statements for the year ended 31 May 2024 have been examined by Mr. Lee Gure. The examination confirmed that the charity's financial records and statements comply with the Companies Act 2006 and the Charities SORP (FRS 102).

Statement of Financial Activities for the Year Ended 31 May 2024

Statement of Financial Activities for the Year Statement of Financial Activities for the Year Ended 31 May 2024
Income £
Milton Keynes Council 26,633.50
TNL Community Fund 9,315.00
Bedford Borough Council 1,700.00
Thames Valley Police 6,500.00
AB Charitable Trust 5,000.00
Total Income 49,148.50
Expenditure
£
Total Expenditure
49,148.50
Net Income/
Expenditure
0
Expenditure £
Total Expenditure 49,148.50
Net Income/
Expenditure
0

Conclusion

The Somali Outreach Project continues to fulfil its mission of educating, engaging, advising, and empowering the community. Through collaborative efforts and sustained funding, the charity is significantly impacting crime reduction and social inclusion in the Somali community.

Approved by the Board of Trustees on [Insert Approval Date] and signed on its behalf by:

Abdirahman Abdullahi Chair of Trustees