2021-03-31-accounts

Trustees' Annual Report for the period

	Period start date	Period start date			Period end date
From	01	April	2021	To	31 March	2022

Section A Reference and administration details

Charity name Deptford Somali Islamic Centre (DSIC)

Other names charity is known by Registered charity number (if any) 1171820

Charity's principal address 228 - 229 Railway Arches

226 Childers St London Postcode SE14 6ED

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Mohamed Ali
	Abdisamad Awali
	AbosragAbdi
	Ridwan Haibe
	Mohamed Ahmed
	Ibrahim Jama
	Ahmed-DeqAhmed
	Mohamed Hassan Jimale
	Gulled Abdi

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document (eg. trust deed, constitution) How the charity is constituted

CIO

CIO

• (eg. trust, association, company)

Elected Trustee selection methods

• (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

• policies and procedures adopted for the induction and training of trustees;

• the charity’s organisational structure and any wider network with which the charity works;

• relationship with any related parties;

• trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

To develop the capacity and skills of the members of the socially and economically disadvantaged community. To advance the Islamic religion in Lewisham and neighbouring boroughs for the benefit of the public by holding prayer meetings, lectures, public celebrations of religious festivals and producing or distributing literature on the teachings of the Quran to enlighten others about the Islamic religion.

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• Weekly Jummah Friday (congregational) prayer. - 5 daily prayers held at location. - Madrasa (Quranic school) for young children. - Weekly football sessions for young boys at local football pitch. - Events for the local community. - Tarawih prayers in Ramadan - Eid Prayers - Pensioners - Tea and biscuits daily

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

• policy on grantmaking;

• policy programme related investment;

• contribution made by volunteers.

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

Over the years we have been able to provide a space for congregation for Muslim people and non-Muslim people. People are able to come to our location and perform their five daily prayers and socialise also. People have made lifelong friendships and are able to network. Also, we have been able to provide Quranic lessons for young children. Which relieves parents that task and allows us to employ teachers. Furthermore, we are able to host weekly football sessions for young boys. This allows the children to keep fit and healthy, develop skills and socialise.

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Section E Financial review

Brief statement of the charity’s policy on reserves

The level of free reserves is reviewed by the Trustees at least annually and when setting budgets in order to ensure that funds are adequate to meet the planned charitable activities while preserving the financial future of the Charity in the event that grant funding is not possible and the event of an emergency. We also reserve funds for building maintenance.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Ibrahim Jama Position (eg Secretary, Chair, Trustee etc) Date 24 Apr. 23

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(England and Wales)

DEPTFORD SOMALI ISLAMIC CENTRE

Report of Trustees and Unaudited Financial Statements For the year ended 31 March 2022

THAMES ACCOUNTANTS AND CO. 100 Dunton Road London, SE1 5UN

DEPTFORD SOMALI ISLAMIC CENTRE Contents Page For the year ended 31 March 2022

Contents	Page
Report of the Trustees	1
Independent Examiner's report to the Trustees	2
Statement of Financial Activities	3
Statement of Financial Position	4
Notes to the Financial Statements	5 to 6

DEPTFORD SOMALI ISLAMIC CENTRE Report of the Trustee For the year ended 31 March 2022

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2022 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).

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity DEPTFORD SOMALI ISLAMIC CENTRE Charity Registration Number 1171820 Principal Address 228 - 229 Railway Arches Arklow Road London SE14 6EB

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Independent Examiner Bankers

Ibrahim Jama GulLed Abdi Mohamed Abdullahi Ali Ahmed-Deq Ahmed Ridwan Haibe Abdisamed Awali Mohamed Hassan Jimale Mohamed Ahmed Abosrag Abdi THAMES ACCOUNTANTS AND CO. 100 Dunton Road London SE1 5UN HSBC UK

Approved by the Board of Trustees and signed on its behalf by

Chair Trustee

1

DEPTFORD SOMALI ISLAMIC CENTRE

Independent Examiner’s Report to the Trustees on the Unaudited Financial Statements

For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2O22.

Responsibilities and basis of report

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 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.

THAMES ACCOUNTANTS AND CO.

100 Dunton Road London, SE1 5UN 03[rd] May 2023

2

DEPTFORD SOMALI ISLAMIC CENTRE

Statement of Financial Activities For the year ended 31 March 2022 Notes

Notes
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	2022 £ - - 33,801 - 33,801 - - 6,701 6,701 27,100 25,931 53,030	2021
		£ - - 6,529 -
		6,529
		- - 1,651
		1,651
		4,878 21,053
		25,931

3

DEPTFORD SOMALI ISLAMIC CENTRE Statement of Financial Position

2022 Notes £ Fixed Assets Tangible assets 4 - Current Assets Debtors 5 - Cash at bank and in hand 54,822 54,822 Creditors amounts falling due within one ye 6 1,792 Total Assets (Current Liabilities) 53,030 Creditors amounts falling due after more than one year - 53,030 Total Net Assets (Liabilities) 53,030 The Funds of Charity Accumulated funds brought forward 25,931 Surplus/deficit for the year 7 27,100 53,030 For the year ended 31 March 2022

2021 £ - - 27,007 27,007 1,076 25,931 - 25,931 25,931 21,053 4,878 25,931

For the year ended 31 March 2022, the company 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 trustees 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 03 May 2023 and signed on its behalf

Trustee

4

DEPTFORD SOMALI ISLAMIC CENTRE

Notes to the Financial Statements For the year ended 31 March 2022

1. Income earned from other trading activites Contributions Other Sources 2. Expenditure on other activities Building works Consultancy Heat & light IT Printing, postage & stationary Welfare & refreshments Repairs & renewals Insurance Clearing & waste disposals Sundry Utilities-Castle water Accountancy fee 3. Net surplus/(expenditure) for the year This is stated after charging/(crediting): Accountancy fees	2022 £ 33,801 - 33,801 2022 £ - - 3,359 - - - - - - 2,673 469 200 6,701 £ 27,100 2022 200	2021
		£ 6,529 -
		6,529
		2021
		£ - - 1,047 - - - - - - - 404 200
		1,651
		£
		4,878
		2021
		200

4. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at	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 April 2021	-	-
Additions	-	-
Total at 01 April 2021	-	-
Depreciation
Charge for the year	-	-
Net Book Values
At 31 March 2022	-	-
At 31 March 2021	-	-

5

DEPTFORD SOMALI ISLAMIC CENTRE

Notes to the Financial Statements Continued For the year ended 31 March 2022

5. Debtors

5. Debtors
Due within one year Trade Debtors Other Debtors 6. Creditors Amounts falling due within one year Thames Accountants Bank Overdraft Sundry Creditors Others	2022 £ - - - 2022 £ 200 - - - 200	2021
		£ - -
		-
		2021
		£ 200 - - -
		200

7. Movement in funds

Unrestricted funds

Balance at Incoming Outgoing Transfers Balance at 01 April 2021 Resources Resources 31 March 2022 £ £ £ £ £ General 25,931 33,801 - 6,701 - 53,030 Unrestricted funds-Previous year Balance at Incoming Outgoing Transfers Balance at 01 April 2020 Resources Resources 31 March 2021 £ £ £ £ £ General 21,053 6,529 - 1,651 - 25,931

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