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2022-08-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2022

ANTI-TRIBALISM MOVEMENT (ATM)

CONTENTS

CONTENTS
Trustees’ Annual Report (Incorporating Director’s Report) 3-9
Independent Examiner’s Report
10
Statement of Financial Activities
11
Balance Sheet
12
Notes to the Accounts
13-26

Annual Report and Financial Statement for the year ended 31st August 2022 | 2

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDING 31ST AUGUST 2022

The trustees, who are also the directors for the purposes of company law, present their report and the independently examined financial statements of the charity for the year ended 31 August 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Company Secretary:

Registered charity name: Anti-Tribalism Movement

Bishara Mohamud

Independent Examiner:

Charity registration number: 1168836

BK Community Accountant Ltd Chartered Certified Accountant Arches 420-421 Burdett Road, London, E3 4AA

Company registration number: 07002550

Registered office: 5A Uxbridge Road, Shepherd’s Bush, London, W12 8LJ

Bankers:

NatWest Bank, 314 Chiswick High Rd, London, W4 5TB

Trustees:

Lawyers:

Dheg Aidid – Chair Dr Yusuf Omar Gwanwyn Mason Yusuf Abdi Abdirizak Issa Idil Hassan

Russell-Cooke Solicitors, 2 Putney Hill, London, SW15 6AB

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Our Purpose

The Anti-Tribalism Movement is a non-profit organisation committed to tackling tribal discrimination and promoting fairer and more equitable societies. We work towards this mission through five thematic priorities: fostering tolerance, encouraging dialogue, producing leaders, and undertaking community research to influence institutional policies and practice.

Objective

The Objectives of the Charity are to advance conflict resolution and reconciliation in communities that are adversely affected by Tribalism with a view to relieving suffering, poverty and distress and building and maintaining social cohesion and trust within and between communities by:

Our core values

Impartiality – We believe to base our decisions on objective criteria, rather than on the basis of bias, tribalism, prejudice or preferences.

Credibility – We believe to earn respect and trust through our programmes with tangible outcomes by sharing lessons learnt and achievements.

Transparent – We believe timely and reliably disclosure of ATM’s financial performance.

Commitment - We believe to achieve a society free from tribalism and inequalities takes time. That’s why we make long-term commitments to people to resolve tribal conflicts and social inequality and promote tolerant and inclusive societies.

We are a constantly evolving charity, which responds to the needs of our service users. We are now 12 years old and very proud of what we have achieved in such a short space of time. We are in the process of formulating a new strategic plan that will demonstrate our ambitions for the future that aims to guide our work for the next 4 years. We will reflect on what we have achieved since our formation. We will explore new ways we can work which will better meet the needs of our service users and aid our own sustainability.

Our ethos is firmly entrenched in responding appropriately to our service users’ needs without being too prescriptive. In the last 12 years, we have helped people to become active members within the communities and develop lifelong skills to counter social divisions. To secure the future of the charity we are determined to build on our most impactful programmes including our young leaders training programme, our research, our fellowship, and advocacy programme. We seek to expand the depth and strength of these programmes to realise their expected outcomes and future community impacts.

We are a well-established organisation with a reputation for being fair, visionary, and trustworthy. We have credibility with the wider BAME community (particularly those of East African origin), grassroots minority organisations, donors, and policymakers. We are often a first port of call for advice and consultations, and a field-leader in advocating for change to improve the situation of BAME communities. Our trustees, supporters, volunteers, and staff hold a wealth of lived experience that we utilise to provide professional and reflective interventions to all our stakeholders, including service users and partners who rely on us to bring the voices of local people and communities to their attention.

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Our Strategic Priorities 2021-22

Encouraging Dialogue

Creating space for dialogue is essential in order to build cohesive and harmonic societies. We connect people from different clans, tribes, nations, affected by the same tribal conflict, enabling them to talk about tribalism and its impacts. Through dialogue we were able to build confidence and trust, and between the different communities.

Foster Tolerance

We will work with partners to organise seminars, reconciliation conferences, trainings, and events. These challenge existing stereotypes and promote understanding, tolerance, and awareness of peaceful ways to resolve conflicts. They help both outsiders and tribal communities better understand the complexities of each situation.

Produce Leaders

Over the next year, we will train 30 young leaders to become role models, influence change that benefits their communities and the wider society, to become bridgeheads enabling other young people to follow in their footsteps and to provide strategic leadership that ensures the voice and needs of their communities are represented at all levels of public decision making.

Advocacy

We continue to produce policy reports and campaigns to advocate for the communities we serve, including marginalised groups, to communicate the challenges they face to decisionmakers. This work is guided by listening to affected communities and engaging civil society actors across the board to effect meaningful discourse and lasting change.

Research

We will collaborate with academics and universities to identify the root causes of tribalism. Through the findings of the research, we develop publications for schools, policy makers, public bodies and institutions to enable them to better serve those communities and counter the misuse of tribal differences.

Achievement and Performance in 2021/22

In 2021/22, The Anti-Tribalism Movement undertook a number of projects, initiatives and campaigns. The projects and initiatives we have been working on this year are as follow:

Lead and Be Led

We have successfully delivered 22 training sessions to 30 young people over the course of 8 months for our flagship leadership programme Lead and Be Led. The project builds on young people’s soft skills, including cooperation, conflict resolution, decisionmaking, self-awareness and many more through a range of creative activities. Lead and Be Led engages with beneficiaries on a social and theoretical level, allowing them to implement their learning with new experiences. Participants are given the chance to demonstrate their leadership by creating social action campaigns and cascade their leadership knowledge to their peers while advocating for the significant issues affecting young people. Young people who take part in Lead and Be Led are then connected with various opportunities to execute their skills at an influential level, such as sitting on boards, panels and attending events where they can represent youth voices. The programme provides CV building and interview skills support for service users to confidently seek employment; we have helped beneficiaries gain opportunities in corporate fields, creative industries, retail and in hospitality.

SAVAH

(Supporting and Advocating Victims Against Hate)

This year, we have provided practical and emotional support to 60 victims of hate crimes and 100% of the victims we supported felt that they had developed a support network. Furthermore, 100% of victims who received ATM support report feeling more confident in reporting hate crimes to relevant authorities. We have delivered 4 workshops this year for victims of hate crime. One workshop was a women’s only self-defence class which provided women with a safe space to share empowerment tactics which included selfdefence techniques. The workshop successfully raised awareness about the different types of hate crimes Somali women face, the importance

Annual Report and Financial Statement for the year ended 31st August 2022 | 5

service for clients which allows us to assess each individual need and make appropriate referrals to service provisions across London when necessary, helping them to move on positively with their lives.

of seeking support, where to get help and how to protect yourself and others. The second workshop was a safety awareness seminar which was in collaboration with representatives of CST (Community Safety Trust) and covered important aspects of security and conflict management. The third and fourth workshops were delivered at a local high school to young people between the ages of 11 - 16 in two separate sessions.

Don’t Judge Don’t Label

Don’t Judge Don’t Label aims to raise awareness of how many of us unwittingly harbour prejudices expressed through labels we associate with members of a particular group, the impact that such negative labels have on these people, and why such labels are false and unhelpful. We do this through:

Housing Champions

Between 2021-2024, ATM will train 60 lowincome BAME women in London to build their skills and knowledge on development, regeneration, and advocacy by participating in training sessions, advocacy sessions, meetings with stakeholders and put in placements to influence policy. In the first year, 23 Housing Champions have undertaken training; attended workshops and 3 have been put in placement. The placements induce the Bank of England and the Department for Levelling Up, Housing and Communities; the Housing Champions now exercise their newly gained knowledge and influence key decision-making.

COVID-19 Long Term Support Programme

Don’t Judge Don’t Label started off our creative workshops this year, which challenge negative messages and bring a cultural shift that sees people as individuals that should be judged by the content of their character and not the colour of their skin, ethnicity, or faith.

This year we launched our COVID-19 Long Term Support Programme, enabling us to provide critical and tailored support to an influx of service users facing crisis who are still severely impacted by the pandemic. With our dedicated Community Engagement Coordinator, we now have a walk-in

Annual Report and Financial Statement for the year ended 31st August 2022 | 6

International Somali Awards

Employment Pathway

The International Somali Awards 2022 was held in Djibouti 10th-15th January 2022. This was the first time ISA has gone abroad and allowed for a full week of activities to celebrate and honour Somali successes. We were joined by 250 guests, which included community leaders, celebrities, political officials, entrepreneurs, creative and many more. The week consisted of three side-events, sightseeing trips and the ISA21 ceremony itself. ISA received incredible feedback for its success and performed well on social media.

ATM has had a dedicated service to support young people into employment. The Youth Employment Officer provides job-search training such as how to build CV and interview preparedness, 1-2-1 support and mentoring, biweekly employability newsletters and connects young people with employers. The Officer also continues to mentor and stay in touch with the young people after they are in employment. This year 20 young people have been supported, many of them are in employment.

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Financial Review

This financial year we had unrestricted income of £17,503 and restricted income of £382,694. Total incomes were £400,197. We had a net movement of (£50,968) on the unrestricted income and a net movement of (£20,988) on restricted income. The charity had unrestricted reserves of £136,730 and restricted reserves of £77,166. Total Reserves 2021-2022 was £213,896.

Where does our money come from?

The Anti-Tribalism Movement began as a grassroots organisation funded by membership donations. Since then, we have diversified substantially to develop a strong income stream from trusts, foundations, corporates, members, our venue and contract from private. Throughout, our volunteers, supporters and individual donors have been important to us. Our growing portfolio of restricted income grants and sponsorships are a significant contribution to our growth. We have put in place a range of mechanisms to ensure we can continue to secure institutional income from the private sector, individuals, contracts and grant-making institutions. We expect to see our fundraising costs increase as we explore new opportunities. We are confident that in doing so, we will transform relationships with our supporters in order to maximise the amount available for our charitable activities within the next few years.

How do we judge the impact of our work?

We are committed to ensuring that in everything we do, we are accountable to those whom we work with and for, from our service users (communities and donors) and other stakeholders (staff and volunteers). We use several tools to monitor, evaluate and learn from our stakeholders, including:

Our findings are used both internally and externally. Internally it is used to strengthen our ability to manage larger programs, to review the strengths of the board and explore options on how to deal with any arising issues. Externally we share our learning, case studies, trends and analysis with funders, the wider community, members and other relevant stakeholders to promote good practice.

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.

Reserves Policy

The Anti-Tribalism Movement’s policy is to maintain a level of unrestricted and undesignated reserves equivalent to six months’ turnover. Currently we are working towards achieving this target by 2024.

Risk Management

The trustees have assessed the major risks to which Anti-Tribalism Movement is exposed and are satisfied that those systems are in place to mitigate exposure to the major risks including maintaining a risk register, which is reviewed annually.

Investment Policy

The charity does not produce a sufficient surplus to invest, as priority must be given to building our unrestricted reserves.

Plans for future

We have diversified substantially to develop a strong income stream from trusts, foundations, corporates, members, venue hire, supporters and individual donors.

Our growing portfolio of unrestricted income venue hire, and donations are a significant contribution to our growth. We have put in place a range of mechanisms to ensure we can continue to secure institutional income from the private sector, individuals, and grant-making institutions.

Independent Examiners

The Charity appointed BK Community Accountant Ltd as our independent examiner. The accounts

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have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with Anti-Tribalism Movement’s Memorandum and Articles, the Companies Act 2006 and the Statement of Recommended Practice “Accounting and Reporting by Charities”, issued in March 2005. The trustees’ annual report (incorporating the directors’ report) and the strategic report were approved on (date) and signed on behalf of the board of trustees by:

Dheg Aidid Chair Date: 10th November 2022

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Independent Examiner’s Report to the Trustees of Anti – Tribalism Movement Year Ended 31st August 2022

I report to the trustees on my examination of the financial statements of Anti – Tribalism Movement (‘the charity’) for the year ended 31st August 2022.

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;

  1. Accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. The financial statements do not accord with those records; or

  3. The financial statements do not comply with the accounting 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 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 drown in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Date: 10th November 2022

Md Iqbal Hossain MBA, ACCA

BK COMMUNITY ACCOUNTANT LTD Chartered Certified Accountant Arches 420-421 Burdett Road, London. E3 4AA.

Annual Report and Financial Statement for the year ended 31st August 2022 | 10

Statement Of Financial Activities 31st August 2022

----- Start of picture text -----
Incoming / Expenditure Unrestricted Restricted TOTAL TOTAL
Note
Resources Funds Funds Funds 2022 Funds 2021
Income and endowments: £ £ £ £
Grants from Government
8 - 382,694 382,694 626,954
and other Charities
Donations 8 1,945 - 1,945 15,547
Trading Activities 9 15,558 - 15,558 29,465
Total Income 17,503 382,694 400,197 671,966
Expenditure:
-
Fundraising 10,11 30,000 30,000 32,950
Charitable Activities 10,11 43,822 356,516 400,338 800,508
Office Development 10,11 24,649 12,504 37,153 128,658
Governance 10,11 - 4,662 4,662 3,500
Total expenditure 68,471 403,682 472,153 965,616
Net movement in funds (50,968) (20,988) (71,956) (293,650)
Reconciliation of funds:
Total funds brought forward 187,698 98,154 285,852 579,502
Total funds carried forward 21,22 136,730 77,166 213,896 285,852
----- End of picture text -----

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 13 to 25 form part of these financial statements.

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Statement Of Financial Position 31st August 2022

----- Start of picture text -----
Fixed Assets Note 2022 2021
£ £ £ £
Tangible Fixed Assets 16 15,933 19,916
Current Assets
Cash at Bank and hand 209,171 277,398
Debtors 17 - -
Total Current Assets 209,171 277,398
Current Liabilities
Creditors: Amounts falling
18 (11,208) (11,462)
due within one year
Net current Assets 197,963 265,936
Total Assets/Net Assets 213,896 285,852
Funds of the charity:
Unrestricted Funds 21 136,730 187,698
Restricted Funds 21 77,166 98,154
Total Charity Funds 213,896 285,852
----- End of picture text -----

companies subject to the small Companies regime and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

For the year ending 31st August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements were approved by the board of trustees & authorised for issue on 22nd September 2022, and are signed on behalf of the board by:

Directors’ responsibilities:

Name: Dheg Aidid (Chair)

The notes on page 13 to 25 form part of these financial statements.

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NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST AUGUST 2022

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.

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 office is 5A Uxbridge Road, Shepherd’s Bush, London, W12 8LJ.

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.

2. 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.

Resources expended

Resources expended are included in the statement of financial activities on an accruals 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.

3. Accounting policies

Incoming resources

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

Voluntary income and donation are included in incoming resources when they are receivable except when the donors specify that they must

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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 sub- classes: 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:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT

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which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

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

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.

4. 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.

5. 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.

6. 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.

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8. Income from donations and legacies

----- Start of picture text -----
Unrestricted Restricted
Grants, donations, and legacies: 2022 2021
Funds Funds
£ £ £ £
Donations:
Public Sector & Trusts:
-
National Lottery Community Fund 116,960 116,960 160,160
- - -
The Julia & Hans Rausing Trust 64,000
CO-OP Foundation - - - 10,000
LBH&F - - - 26,121
- - -
City Bridge Trust 3,970
Joffe Trust - 405 405 7,000
The Tudor Trust - 30,590 30,590 38,000
- -
CABWI Awarding Body 15,000 15,000
Comic Relief - 3,046 3,046 145,553
-
Paul Hamlyn Foundation 30,000 30,000 50,000
- -
LBH&F (Kick Start Project) 12,693 12,693
Said Foundation - - - 5,350
- - -
London Community Response Fund 40,000
The Henry Smith Charity 74,000 74,000 54,300
- -
John Lyon’s charity 30,000 30,000
Trust for London - 45,000 45,000 22,500
- -
London Community Foundation 25,000 25,000
Donation 1,945 - 1,945 15,547
TOTAL 1,945 382,694 384,639 642,501
----- End of picture text -----

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9. Income from Other Trading Activities

----- Start of picture text -----
. Unrestricted Restricted 2022 2021
£ £ £ £
Culture House 12,229 - 12,229 23,400
-
Income (VAT Recovery) 3,329 3,329 6,065
TOTAL 15,558 - 15,558 29,465
----- End of picture text -----

10. Expenditure on Charitable Activities by Fund type

----- Start of picture text -----
Charitable
activities Unrestricted Restricted Unrestricted Restricted
Total 2022 Total 2021
& Support Funds Funds Funds Funds
Cost
£ £ £ £ £ £
Services 68,471 369,020 437,491 - 929,166 929,166
Governance - 4,662 4,662 - 3,500 3,500
- -
Fundraising 30,000 30,000 32,950 32,950
Total 68,471 403,682 472,153 - 965,616 965,616
----- End of picture text -----

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11. Expenditure on Charitable Activities by Activity type

----- Start of picture text -----
Charitable activities & Total Funds
Services Governance Fund raising Total 2021
Support Cost 2022
£ £ £ £ £
Staff Costs 244,299 - - 244,299 218,792
-
Contractor, Consultants 14,310 30,000 44,310 77,095
Business Rates - 1,162 - 1,162 -
- -
Property Development 37,153 37,153 128,658
- -
Depreciation 3,983 3,983 4,979
Other indirect Costs 22,740 3,500 - 26,240 26,154
Direct Costs 115,006 - - 115,006 509,938
Total 437,491 4,662 30,000 472,153 965,616
----- End of picture text -----

12. Independent examination fees

----- Start of picture text -----
2022 2021
Fees payable to the Independent examiner for: £ £
Independent examination of the financial statements 3,500 3,500
Total 3,500 3,500
----- End of picture text -----

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13. Staff Cost

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

----- Start of picture text -----
2022 2021
£ £
Salaries and wages 227,586 203,342
Social Security Costs 16,713 15,450
- -
Employee contributions to pension plans
Total 244,299 218,792
----- End of picture text -----

The average head count of employees during the year was 15(2021:12). The average number of fulltime equivalent employees during the year is analysed as follows:

----- Start of picture text -----
2022 2021
£ £
Number of management and administrative staff 6 6
Number of core service staff 6 6
Total 12 12
----- End of picture text -----

No employee earned more than £60,000 during the year (2021: nil).

14. Trustee remuneration and expenses

15. Related parties

There are no related party transactions during the year.

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 (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil).

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16. Tangible Fixed Assets

----- Start of picture text -----
Furniture &
Equipment Total
Fixtures
£ £ £
Cost
At 1 September 2021 44,534 26,139 70,673
Additions - - -
At 31 August 2022 44,534 26,139 70,673
Depreciation
At 1 September 2021 33,768 16,989 50,757
Charge this period 2,153 1830 3,983
At 31 August 2022 35,921 18,819 54,740
Net book value
At 31 August 2022 8,613 7,320 15,933
At 31 August 2021 10,766 9,150 19,916
----- End of picture text -----

17. Debtors

----- Start of picture text -----
2022 2021
£ £
Trade Debtors - -
Total - -
----- End of picture text -----

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18. Creditors: amounts falling due within one year

----- Start of picture text -----
2022 2021
£ £
Trade Creditors 1,800 4,706
Independent Examination fees 3,500 3,500
HMRC 5,908 3,256
Total 11,208 11,462
----- End of picture text -----

19. Operating lease commitments

The rent is £21,800 p.a. Rates with a charity discount are £1,162 p.a. in 2021/2022

Operating Lease is for 25 years. Office Development Cost covered the ATM rent for first eleven years.

20. Analysis of charitable Funds

----- Start of picture text -----
Unrestricted
Restricted Funds Total Fund 2022
Fund
£ £ £
-
Tangible fixed assets 15,933 15,933
Current assets 136,730 61,233 197,963
Net Assets 136,730 77,166 213,896
----- End of picture text -----

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21. Fund balance brought forward & carried forward

----- Start of picture text -----
Balance at Balance at
Incoming Incoming
Funds: 1st Sept Outgoing 31st August
Unrestricted Restricted
2021 2022
Restricted Funds: £ £ £ £ £
- - -
Balance brought Forward 98,154 98,154
National Lottery Community - - -
116,960 116,960
fund
The Tudor Trust - - 30,590 25,590 5,000
Trust for London - - 45,000 40,000 5,000
The Henry Smith Charity 74,000 49,334 24,666
- -
CABWI Awarding Body 15,000 12,500 2,500
Joffe Trust - - 405 405 -
- -
Paul Hamlyn Foundation 30,000 12,500 17,500
-
LBH&F (Kick Start Project) 12,693 12,693
Comic Relief - - 3,046 3,046 -
- -
John Lyon’s Charity 30,000 20,000 10,000
London Community - -
25,000 12,500 12,500
Foundation
Sub Total 98,154 - 382,694 403,682 77,166
Unrestricted Fund:
- -
Brought Forward 187,698 50,968 136,730
Culture House - 12,229 - 12,229 -
Donations - 1,945 - 1,945 -
Other Income 3,329 3,329 -
Sub Total 187,698 17,503 - 68,471 136,730
Total Fund Carried Forward 285,852 17,503 382,694 472,153 213,896
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Annual Report and Financial Statement for the year ended 31st August 2022 | 22

22. Income in Details

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Income and endowments: 2022 2021
Donations and Legacies: £ £
Public Sector:
LBH&F (Kick Start Project) 12,693 26,121
Sub Total 12,693 26,121
Charitable Trusts:
The Tudor Trust 30,590 38,000
National Lottery Community fund 116,960 160,160
Joffe Trust 405 7,000
Comic Relief 3,046 145,553
-
CABWI Awarding Body 15,000
-
The Julia & Hans Rausing Trust 64,000
-
Co-op Foundation 10,000
Said foundation - 5,350
-
London Community Response Fund 40,000
The Henry Smith Charity 74,000 54,300
Trust for London 45,000 22,500
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Annual Report and Financial Statement for the year ended 31st August 2022 | 23

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Income and endowments: 2022 2021
-
City Bridge Trust 3,970
Paul Hamlyn Foundation 30,000 50,000
-
John Lyon’s Charity 30,000
-
London Community Foundation 25,000
Sub Total 370,001 600,833
Corporate and Membership Donations:
-
Tesco Community Grant 1,000
International Somali Awards - 10,128
London Youth - 3,000
Donations 1,945 919
Midaye Somali Development Network - 500
Sub Total 1,945 15,547
Other Trading Activities:
Culture House 12,229 23,400
Other Income (HMRC VAT Recover) 3,329 6,065
Sub Total 15,558 29,465
TOTAL INCOME 400,197 671,966
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Annual Report and Financial Statement for the year ended 31st August 2022 | 24

23. Expenditure in details

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Expenditure 2022 2021
Expenditure on charitable activities £ £
Salaries NI and Pension 244,299 218,792
Business Rates 1,162 -
Project Activities Cost 95,518 53,009
Admin & Advertisement 15,293 12,572
Community Contribution 6,980 10,890
Volunteers Activities 400 4,187
-
ATM Fellowship 3,340
Consultant/Contractor 14,310 44,145
Fundraising Cost 30,000 32,950
Telephone, Gas, Electricity & Internet 10,014 13,861
Legal & Professional 8,300 12,722
Depreciation 3,983 4,979
Insurances & Removal 1,401 1,091
Repair and maintenance 24,649 3,120
Office Development 12,504 128,658
-
Comic Relief Subgrant 424,640
Total Expenditure 472,153 965,616
Net Movement in Funds (71,956) (293,650)
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Annual Report and Financial Statement for the year ended 31st August 2022 | 25

ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST AUGUST 2022

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