2024-03-31-accounts - Somali Integration And Development Association

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

“35 Years serving the Somali community”

ANNUAL REPORT AND ACCOUNTS 2023 – 2024

Registered Charitable Incorporated Organisation (CIO)

Charity Number: 1167198

Somali Integration and Development Association (SIDA)

Annual Report and Financial Statements 2023 – 24

Contents:
List of Contents			1
Legal and administrative information	2 –		4
Chair’s Report			5
Co-ordinator’s report			6
Services overview	7 –	12
Our future strategy		13
Balance Sheet		14

Legal and Administrative Information:

Charity Name

Somali Integration & Development Association

Registered CIO

1167198 (England & Wales) Registered as a CIO on 18 May 2016 having been established on 21 November 1989

Principle Address

Unit 50 Camberwell Bussiness Centre, 99-103 Lomond Grove London SE5 7HN Tel: (020) 3583 274 Email: somali.integration@outlook.com

Governing Documents: Constitution

Objects

The objects of the CIO are:

(1) For the benefit of those members of the public living in the UK who are Somali or of Somali descent:
a. by relieving persons who are in need by reason of poverty, sickness and distress;
b. by advancing education; and
c. by providing and assisting in the provision of facilities for recreation and leisure time occupation in the interests of social welfare and with the object of improving the conditions of life of those persons for whom the facilities are provided.
(2) For the relief of poverty of refugees and asylum seekers from Somalia and elsewhere who are resident or are intending to reside in the UK by providing such persons with free and confidential advice, assistance, representation, counselling, translation and interpretation services in matters such as asylum, immigration, money, debt, welfare benefits, housing, health, education, training and employment.
(3) To relieve poverty and distress, protect and preserve good health and advance education, particularly but not exclusively in Somalia and Horn of Africa countries, by the provision of financial assistance, equipment and facilities to improve schools, clean water supplies, self-help projects, medical aid and such other facilities as the trustees shall deem necessary with the object of improving the conditions of life for persons who have need of such facilities.
(4) Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008

Trustees:

Persons in charge of designing, planning, directing, controlling and delegating key personnel who are the senior members of staff to whom were given a significant managerial responsibility or authority such as day to day running and/or operating the charity as the trustees of the charity.

The list of the present charity trustees is as follows:

Nasir Abdi Chairman 2. Amal Ahmed Ali Secretary 3. Weli Farah Treasurer 4. Ibrahim Deria Trustee 5. Edil Essa Trustee 6. Isir Abdisemed Trustee

Bankers: National Westminster Bank Plc 70 Denmark Hill London SE5 8TT. Independent Examiner: London Accountancy Practice Sojourner Truth Centre 161 Sumner Road London SE15 6JL

Staff and key Volunteers:

1. Mr. Guuleed Muhamud Co-ordinator: delegated to become the key member of staff who has the day to day running authority and responsibility of the charity.

2. Malika Omar Female groups activities support 3. Fowsiyo Waeys Advisor 4. Hussein Ali Male groups activies support [Sessional worker] 5. Adan Tabit Football Coach [Sessional worker]

Volunteer Contribution:

Somali Integration & Development Association recognises the significant contributions made by the volunteers.
16 volunteers worked with SIDA during this financial year in different capacities.
These volunteers contributed to SIDA an average of 5 hours per week, total of circa 4160 hours which is equivalent to £10.85 per hour with the grand total of £45136.
The efforts, expertise, skills and professions contributed to SIDA by these volunteers were highly appreciated.

What have they done:

They have added value to the service by contributing time, knowledge and skill, our volunteers have not only contributed to the development of our organisation but have learned a lot and improved their capacity further.

Many have gained employment and/or moved into higher levels of education.

SIDA provided them references and assisted them in different ways such us DBS costs, CV improvements and providing employment references.

’ – The Chair s Report for The Year 2023 2024

It is my distinct pleasure to make this short statement on behalf of the Somali Integration and Development Association. I am deeply grateful to be elected the Chairperson of this charity for the last 7 years where I am honoured by both the members and board of trustees to nominate me their chairman.

SIDA, through the last financial year had to deal with a changing landscape on many sides, from the increasing affects of climate change, the cost of living crisis still being felt all over the UK resulting from the ripple effects caused by a multitude of international crises.

Despite these many challenges, SIDA has seen an increase in overall beneficiaries from our previous year from 1,500 to 1700 which is a massive achievement as we at SIDA wish for our service remit to expand to wherever there is need for it. We have been privileged to have received a sustained level of funding from the LB of Southwark council and we are highly appreciative of this.

SIDA has worked rigorously to give a high level of consideration to remaining prudent and solvent in order to operate with a high level of efficiency without compromising the quality of it’s services with the best possible delivery systems based on respect of equality and diversity of our users.

SIDA has and is working hard to the criteria of our funders, working with multiple agencies in partnership to ensure that there is no service duplication. SIDA remains specialised to the Somali Southwark residents by providing services that could only be provided by SIDA. Moreover, we continued our fundraising campaign strategy, targeted to raise minimum of 20-30% from other sources apart from the council, which is one of the major conditions of funding by the local council.

To conclude, I unreservedly extend my thanks and appreciation to the Southwark Council and it’s leaders as well as other funders for sustained funding for the services we provide for the community.

I also want to thank our partner agencies for their service, capacity building and other types of support and collaborations with us during this financial year and beyond.

Thank you all. Nasir Abdi [Chairman]

- ’ - Co ordinator s Review for the year 2023 2024:

I would like to start by announcing that it is a great pleasure to be in this position of Coordinator for this highly reputable organisation where our mission statement is to improve and support the Somali community locally and internationally.

Over the last financial year, SIDA like its counterpart charities faced multiple challenges arising from the multiple crises that our community as well as the entire population of the U.K has had to endure, from the current cost of living crisis which currently has no end in sight and the increasing effects of climate change which have increased significantly as of recent.

SIDA has during this period continued to remain a beacon of support and a safe haven for those who need it most as it has been doing for the past 35 years. We at SIDA have strived to provide critical support to those most vulnerable when it comes to housing, debt and welfare services. As well as roll out projects and activities as our service users continue to increase particularly this year from 1500 to 1700 beneficiaries which is a great achievement for us.

We have been able to continue our Expanded Somali Development programme(previously Life after COVID)- due to funding received from The national Lottery under the Community Organisations Cost of Living Fund. This allowed to us continue to provide expanded services to reach the ever increasing demand of our communities.

Without the support and £60k grant funding provided to us by our main funder [LB of Southwark council], it could not have been possible to help such a vast amount of the local community.

To conclude, we are grateful for the financial assistance and grants provided to us by all our funders including:

The National Lottery- Community Organistions Cost of Living Fund
Access Sport
St Olaves Community Fund

Lastly, I would not forget or underestimate the funds contributed by our service users as donations.

I thoroughly appreciate and thank all those who have supported us.

Mr. Guuleed Muhamud [Co-ordinator]

SERVICES OVERVIEW:

History – the Somali Integration & Development Association (SIDA) is a voluntary association (Registered Charity) founded in 1989 to serve the needs of the local Somali community. SIDA was formally established on 30[th] October 1999 when a constitution was adopted.

In 2009, SIDA merged with 2 other Somali community originations – Aylesbury Somali Women's Health Project and Southwark Somali Women's Group which increased capacity to serve the community (Specifically, to focus upon Somali women) and brought 2 part-time staff to our team.

Partnership – additional capacity to deliver our programmes is achieved through effective partnerships which have been developed with the Sharp Raiser and the Ocean Somali Community Association (OSCA) – these partners contribute staff secondments and funding to deliver programmes in Southwark together with SIDA.

We are proud to announce a new partnership that has been formed between SIDA and Uffo Athletic- a grassroots organisations which focuses increasing the involvement of minority communities in athletics and cultural activities. We have delivered multiple activities together this year with success and hope to continue this into the next year.

Finance & Funding – SIDA currently receives a stable and consistent flow of funding from a range of funders, for this year we received funding from two funders for our core costs as well as funding from multiple funders for projects that took place this year.

We received our main grant from LB Southwark of c£60K per year and we received c£16k from The National Lottery’s community cost of living fund – we also have a growing reserve that of c£22k that we have been growing as a contigency in the event of any unforeseen circumstances so as to not halt operations and support for the Somali community in Southwark.

Mission Statement – our mission is to help the Somali Community, improve the quality of their lives and enable them to play a fully empowered and effective role in wider society by bringing people together, sharing knowledge and co-ordinating activity and opinion.

Profile of Target Group / Area – SIDA was established to provide services to the Somali community residing or working, primarily in the London Borough of Southwark, but expanding throughout the UK and abroad [e.g. Somalia] as we develop a broader and overseas remit to support Somalis wherever they may be.

The Need for Our Services – For over 35 years, we have identified the real needs of Somali communities: -

SIDA Surveys: research of our service users through direct delivery/contact shows many issues e.g. statistics state that up to 80% of Somalis claim some form of welfare support as the rate of unemployment within this community is very high compared to local and national rates.

The effects of the low employment rate and the rapidly increasing financial pressures have translated into more beneficiaries seeking our advice services with which we have assisted and facilitated in their accessing of support available to them from the LB of Southwark and referred those who required specialist support to our professional partner agencies.

SIDA Experience : we supported more than 1,700 Somalis in the past year and identify a huge unemployment scenario within the Somali Community in Southwark in excess of 70%.

We are receiving greater numbers of enquiries as regards mental ill health and the general health of the Somali community is seen as poor – poverty is increasingly playing a key role in affecting people’s health e.g. poor diet, living conditions etc.

There are a range of social issues which need to be addressed including female exclusions – our programme addresses these key issues.

Current Services – SIDA has built an impressive track record of services / project delivery – the current services roster includes the following :-

1. Advice and Guidance – SIDA provides free, independent, and confidential Advice, guidance and Advocacy services for Somali individuals and families on social and welfare issues.

2. Interpreting & Translation to support the community’s communications.

3. Sign Posting & Guidance to all other local agencies and service providers.

4. Workshops & Seminars on wide range of social, welfare and development issues

5. Female Specialist Advice and Guidance to ensure that they receive equal access to support.

6. Health Advocacy & Development Programme which contributes to improving the health of females within the Somali community.

7. Youth Services comprising work with the NEET Community.

8. Men’s Activities [16 plus healthy living]

The healthy living project continued to be very beneficial for numerous members of the community as SIDA integrated new activities into this such as healthy group walks for men twice a week every Wednesday and Saturday from the local mosque through burgess park via a pre-planned route in collaboration with UFFO Athletics.

Also SIDA assisted football games are held every Sunday in Burgess park in Camberwell for the 16 plus male group, which has shown a high turnout and helped us engage male groups much better so that they benefit from other services that we offer in our centre such as career advice and advocacy.

9. SIDA MMA classes project

SIDA continued to run its extremely successful MMA classes project with the help of funding received from Access sport and St Olave’s community fund.

These MMA classes have been a massive benefit to our youth as those under 12 have a space to learn discipline, get physically active and make friends and build self confidence. These are all things that seem to be harder to do for our youth in our current day and age as we increasingly rely on our smart phones and social media for interaction with our peers and entertainment.

One of the members of our young adult classes has gone on to be an inspiration for his peers as he now attends a professional MMA gym and trains to compete, he mentioned “I am grateful for what I was taught here and the relationships I built, I won’t forget them in a hurry”.

SIDA hopes to continue these classes as demand is ever increasing which is a testament to the success of these classes.

10. Elderly exercise classes

SIDA in collaboration with Guy’s and St Thomas’s Community falls and Rehabilitation Team( GSTT) started a weekly mobility and exercise class for our most vulnerable elderly community members.

This class aimed to first allow our least mobile and vulnerable community members who are at risk of falling learn how to fall safely and from there increase strength and balance in order to improve their overall health and quality of life.

This weekly class started in June 2023 and has been extremely popular with our elder members with a waiting list forming of over 15 members with the majority being new members.

We hope to continue this class into the next year with potential to expand our one current class to two.

Performance:

SIDA has exceeded its targets as it has served over 1,700 persons of all ages and genders with primary beneficiaries remaining to be Somali community residents in Southwark.

Somalis in Southwark were able to better access mainstream services, achieved skills through volunteering, benefitted from a fully equipped resource centre, IT and access to the internet service, English classes, CV preparation and job search and employment references.

Moreover, since the Somali community in Southwark is one of the most disadvantaged and hard to reach communities, we have provided culturally appropriate advices and guidance services which local residents have accessed and received for free in confidential and fully accessible manner.

Most of SIDA’s beneficiaries were from the disadvantaged groups affected by the inequality of opportunity. They have benefitted from general advice services as well as specialist local agencies when necessary. Continuation of this service has had a tremendously positive impact on lives of many Somali individuals and families. Isolation within the community has been reduced by providing different types of support and development services such as advocacy, English classes, general awareness, health seminars and physical exercises.

Moreover, SIDA has remained instrumental in playing a leadership role in helping the Somali community and working in partnership with many other agencies from all parts of London in order to provide volunteering opportunities for service users as well as creating links and connections with them in order to improve career and employability opportunities.

SIDA in collaboration with Guy’s and St Thomas’s Community falls and Rehabilitation Team( GSTT) started a weekly mobility and exercise class for our most vulnerable elderly community members. This class aimed to first allow our least mobile and vulnerable community members who are at risk of falling learn how to fall safely and from there increase strength and balance in order to improve their overall health and quality of life.

SIDA also put on a cultural event; Echoes of the horn, Exploring the richness of Somali history which in October 2023- Black history month showcasing Somali history and culture with lectures, spoken word, artefacts and traditional cuisine immersing attendees in the history of the Somali people. The event was a success and was funded by the LB of Southwark’s black history month Fund.

SIDA has gone beyond expectation by serving over 1,700 members of the community who all benefitted from our services via different projects, activities, programmes and other services.

We are committed to removing barriers to accessing services and offering specific support to women to improve their quality of life. In practice we have provided support to 1,445 from our advice centre- not including the members of the community who attended seminars, educational and family activities, group meetings, workshops and sports activities.

In overview, SIDA has over-achieved its satisfaction target rate despite all the challenges over the past financial year, which was beyond expectation.

In this financial year over 1700 beneficiaries used our services through our different projects, All our users were disadvantaged members from the community in particular they were from the BAME communities though we primarily focused on the Somali community.

We represented our users within the mainstream service providers, voluntary and other community service providers. These agencies have played a big role in our achievements through help on capacity building, information sharing, referrals, sign posting and many other avenues that are greatly appreciated.

Connections & Collaborations : We liased with the departments of the LB of Southwark Council such as department of sports and leisure, housing, education, adult and children serivces and agencies like the police, the NHS as well as the voluntary sector eg. Community Southwark, Southwark Law Centre, London Advice Services, Empowering community, Migrant Advice Center and multiple other local advice centres,forums and networks. We are grateful to our services users and other stakeholders who have passionately supported SIDA's cause.

Special thanks to our Southwark link officer Mr Angus Lyon for his and the LB of Southwark’s ongoing suppport and collaboration. Similarly, we thank the staff and leadership of the Community Southwark, Eveline Oldfield Unit(EOU), Sharp Raiser, Local Accountancy Project and many other agencies that have all been of huge benefit to SIDA.

FUTURE STRATEGY:

SIDA future strategy comprises 4 parts: -

Continue capacity building and establishment of a function for developing a fundraising campaign strategically [conducted in 2010 and updated annually] and ongoing bid making thereafter.
Consolidate fundraising campaign to ensure gaining resources outside of the LBS to sustain matching the fund grant provided to us by the Southwark council.
Develop a roster of future projects and plan out how to introduce them via SIDA, in partnership or whether to encourage other providers to join the strategy.
Initiate a strategic campaign to raise resources from external sources and improve on our fund-raising techniques and practice.

For further financial information, please refer to the separate report attached.

SOMALI INTEGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY REGISTERED NUMBER 1167198 LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE 15 6JL

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCFI. 2024 REPORT AND ACCOUNTS Page Conienis Administrative Information Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance sheet Notes and Financial Activities 10 Detailed Income & Expenditure

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 ADMINISTRATIVE INFORMATION COMMITTEE OF MANAGEMENT Nasir Abdi............................................ .Chairman Amal Ahmed Ali........................................Secretary Well Farah .Treasurer Ibrahim Deria...... ..Member Edil Essa................................ .Member Omar Mohamud Yusuf............................. .Member Isir Abdisemed... ..Member CHARITY NUMBER 1167198 FORMAL ADDRESS Unit 50 Camberwell Business Centre 99-103 Lomond Grove London SE5 7HN BANKERS National Westminster Bank PIC 70 Denmark Hill London SE5 8TT. INDEPENDENT EXAMINER London Accountancy Practice Sojourner Truth Centre 161 Sumner Road London SE15 6JL

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 REPORT OF THE TRUSTEES The Trustees present their report together wilh the independently examined accounts of Somali Integration and Development Association for the year ended 31 March 2024. OBJECTS AND PRINCIPAL ACTIVITIES The object of Southwark Somali Integration and Development Association continues lo be the relief of poverty for members of the public in the London Borough of Southwark and in particular for the members of the public who are Somalis or of Somali descent who are in need by reason of povety, sickness and distress, by advancing education and by providing and assisting in the provision of facilities for recreation and leisure time occupation, in the interests of social welfare, and with the object of improving the conditions of life for those persons for whom the facilities are provided. Also, for the relief of poverty of refugees and asylum seekers from Somalia and elsewhere who are resident or are intending to reside in the London Borough of Southwark, by providing such persons with free and confidential advice, assistance, representation, counselling, translating and interpreting services in matters such as asylum, immigration, money, debts, welfare benefits, housing, health, education, training and employment.

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 MANAGEMENT COMMITTEE REPORT FINANCIAL REVIEW The results of the year's operation are set out in the attached financial statements. The net movement in funds for the year amounted to £426 and £6,566 in 2023 respectively. The retained reserves at 31 st March 2024 amounted to £39,269 and £38,843 in 2023. RESERVE POLICY The Charity Commission requires charities to determine and explain their policy for free reserves. The trustees have reviewed the organisation's free reserves policy and have turned its entire unrestricted fund into an emergency reserve to enable Somali Integration & Development Association to meet its obligations in the event of a shortfall in income or sudden upturn in expenditure. RISK MANAGEMENT The trustees have examined the major risks which Somali Integration & Development Association faces and believe that maintaining their free reserves at a reasonable level, combined with their annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they fa and confirm that they have established systems to mitigate the significant risks. TANGIBLE FIXED ASSETS The organisation has no fixed assets FUNDS AVAILABLE The present level of funding is adequate to support the continuation of the charity operations for the medium term, and the trustees consider the financial position of the charity to be satisfactory. VOLUNTEERS Somali Integration & Development Association recognises the significant contributions made by the volunteers.

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF MANAGEMENT COMMITTEE RESPONSIBILITIES The Management Committee are required to prepare financial statements which give a true and fair view OT tne state OT aTrairs ol tne project ana ot the income and expenditure of the project for that period. In preparing these financial statements, the management committee are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the project will continue in operation. The Management Committee are responsible for keeping proper records which disclose at any time the financial position of the project. They are also responsible for safeguarding the assets of the organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOMALI INTEGRATION & DEVELOPMENT ASSOCIATION ONTHE ACCOUNTS. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consia'er tnat an auait Is not require(J tor this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state wliether particular matters have come to my atlention. 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 coriseqLientlv no opiniofi is given as to whethvf Lhe accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner's report In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect.. The accounting records were not kept in accordan with the section 130 of the Charities Act; or The accounts did not accord with the accounting records; or The accounts did not comply with the applicable requirements Conrning the form and content of the accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirement that the account give a 'true and fair, which is not a matter a matter considered as part of the independent examination. I have no concerns and have come across no other matter in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of this account to be reached. Sign.. Ade Adebamb London Accountancy Practice 161 Sumner Road G, CGMA

London SE15 6JL SOMALI INTEGRATION & DEVELOPMENT ASSOCIATION (SIDA) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted Fund Fund 2024 Fund 2023 Total Incoming Resources Voluntary Income Donations Totsl Incoming Resources 60,360 24,842 85,202 80,230 2,775 83,005 60,360 24,842 85,202 Cost of generating funds: Charitable activits'es 6:4,489 21,287 84,T16 76,439 Total Resources Expended 63,489 21,287 84,776 76,439 Not I ncoming Resourc05 -3,129 426 Balance brought forward 25231 13,612 38,843 Balances carried forward 22,102

SOMALI INTEGRATION & DEVELOPMENT ASSOCIATION (SIDA) LANCE SHEET AS AT 31 MARCH 2024 2024 2023 CURRENT ASSETS Cash at Bank and in hand 40,725 40,199 CURRENT LIABILITIES Creditors and Accruals NET ASSETS 38,843 REPRESENTED BY: FUND¢ Restricted Unrestricted 17,11i8 22,102 39,269 15,612 25,231 Approv•d by the Manag8nient Committ88 on ,2024 and signed on its behalf by . Chairperson .Treasurer

SOMALI INTERGRATION & DEVELOPMENT ASSOCIATION FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES Basis of Preparation of Financial Ststements The financial statements are prepared under the hi•toric Coat conventicn and iiicILide ttrie resiilts Oi ille charity's operations which are described in the Management Committee's Report and all of which are continuing. The accounts have been prepared in accordance with the Statements of Recommended Practice for charity accounts. The charity has taken advantage of the exemption of Financial Reporting Standard No 1 from the requirements tn produce a cash flow statement on thp. grounds that it qualifies as a small charity. Incoming Resources 1.2.1 Revenue grants are credited to the Statement of Financial Activities on the earlier date of when they are received or when they are receivable, unless they relate to a specific future period, in which case they are included on the Balance Sheet as deferred income to be recognised in the future accounting period. 1.2.2 Grants received for specific purposes are accounted for as restricted funds in the Statement of Financial Activities. Restricted Funds Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund, together with a fair allocation of management and support costs. Unrestricted Funds Unrestricted funds are donations and other incomes received or generated for the objects of the organisation without further specified purpose and are available for general funds. Deslgnated Funds Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes. 1.6 Tangible Fixed Assets All expenditure that related to equipment has been charged to the Statement of Financial Activities in the year of acquisition. A register of assets is maintained. CREDITORS AND ACCRUALS 2024 2023 Accountancy fees Other Lreditor 1,300 156 1 ,200 156 10

SOMALI INTEGRATION & DEVELOPMENT ASSOCIATION (SIDAI DETAILED INCOME AND EXPENDITURE FOR THE YEAR ENDeD 31 MARCH 2024 Unrestrlctsd R••trlct•d Fund Fund 2024 Total 2023 Total Incoming Resources Donatlons, Grants & Legacles: London Borough of Southwark AIPFFfund-MMA Classes St Olaves Community fund- MMA Classes Southwark Black History Month grant Thank yov gift -Soutb.¥Jark Covncil Community Organisations Cost of Living Fund CCLF Unitèd st Saviours Postcodè society MG Training Seasid• trip Total Incomlng resources 59,360 0 59,360 56,788 4,800 4.800 2,400 2.400 1.225 1.225 1,000 15.932 15.932 1,000 2,000 20,441 1,000 485 485 2,775 24842 85,202 83,005 Unrwatrlcted R••trlct•d Fund Fund 2024 Totsl 2023 Tglal Outgolng Resources Charltable expendltures: Salaries HMRC 30.405 7,112 464 7157 37,S62 30,611 7,112 3,319 464 Pension Contribution Volunte•rs Expens09 Sessional workers Activities and Proj•¢t8 Costs Coach Hire Donations Black History Evgnt Workshop prtQ T•ams Rentl Rates Offico Equipment I IT Equipment Travel Expenses Telephone Thefapeutic treatment PubliciltyMleb$il Office costs Cleaning expèndituras Trustee expenditures Water Rate Sofvar• Payroll Services Photocopier Consultancy Insurance Accountancy Fee Committee Meetings and Training Total Resources Expended 100 635 5,790 485 5,790 1.876 2,350 1.391 .1,189 '1.454 100 815 815 107 107 4.1 6 2'1,9CJ6 120 3.886 520 3.867 119 950 230 1,205 119 950 230 1,205 3.277 106 236 225 225 237 354 257 300 -1?.7 354 257 300 760 440 300 2,400 1,128 1,031 1.300 1,200 399 35 21.287 84,776 76,439 564 1,300 399 63,489 564