HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION
(HADAF)
DIRECTOR'S AND TRUSTEES. REPORT AND ACCOUNTS
For the year ended 31 December 2024
Company No: CE017885
Charity Number: 1183953

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION (HADAFI
DIRECTOR'S AND TRUSTEES. REPORT AND ACCOUNTS
Contents
Page
Officers and Financial Advisors
Directors, and Trustees, Report
Independent Examiners Report
Statement of Financial Activities
Balance sheet
Notes to the accounts
10-11

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION (HADAF)
Offlcers and Financlal Advisors For the year ended 31 December 2024
Trustees and Directors
Hoos Ahmed Sahar-chaiman
Fatima Ismail
Khadra Ismail Sarman
Mustafe Mohamed Dirir
Jama Hassan Mohamed
Company No.
CE017885
Charity No.
1183953
Registered Offi(
102 Darussalam Business Centre
Mile End Road
London
E14UN
Independent Examlner
Md Iqbal Hossain FCCA
KK Accountant
21 Hockley court
Soulh Woodford
London
E18 2RA
Bankers
Barclays

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION {HADAF}
DIRECTORS. AND TRUSTEES REPORT For the year
ended 31 December 2024
The trustees are pleased to present their report together with the financial
statements of the charity for the period ending 31 De￿mber 2024.
The accounts have been prepared in accordan￿ with the accoUn￿ng
policies set out in nole 1 to the accounts and comply with the Charity5
Memorandum and Articles of Associalion. applicable law and the
requirements of the Statement of Re(x)mmended Practice, °Accounting
and Reporting by Charities. issued in March 2005. The directors of the
charitable company (the charity) are its trustees for Ihe purpose of charty
law and throughout this report are collectively referred to as the trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govemlng document
The organisation is a charitable company limited by guarante8 registèred
as a charily on 18 June 2019. The company was estsblished under a
Memorandum of Association which established the objects and powers of
the charitsble company and is govemed under its Artides of Association.
Appointment of trustees
The directors of the company are also chaiity's trustees for the purposes
of charity law and under Ihe company's Articles. Underthe requirements
of the Memorandum and Articles of Association Ihe members of Charity
Trustees consist of at leasbthree and not more than seven.
Rlsk Management
The d1￿CtOrS and trustees have idenbfied the major risks to which the
Charity is exposed and believe that the systems in place are adequate to
mitigate those risks. The charity makes little use of financial instruments
other than an operational bank account and so its exposure to price risk.
credit risk, liquidity risk is not material for the assessment of the assets.
liabilities, financial position and profit or loss of the charity.
Objectives
HADAF is for the prevention or relief of poverty or finan￿al hardship anywhere in
the wortd by providing or assisting in the provision of educalion, training,
healthcare projects and all the necessary support designed to enable individuals
to generate a sustainable income and be self-sufficient.
Publlc Benefit
Grant Making
It is not clear that the grant making policy provided is fully suttable for the
organisalion's grant making acb'vitses, and il appears as though another
registered charity is referenced in point 1.1. Just Helping.

It is important that a charwty's grant making policy is specific to their actlvtties and
Ihe needs they are addressing.
The infomiation contsined withln the policy is also very basic. For example, the
priority for support indicates the main priority is assisting families or organisations
in greatest need. this isn't fully developed, and it is unclear how the trustees
actually assess this.
While the response to the specific questions does address how beneficiaries are
identified, and how trustees wll monitor use of grants. many of the issues still
remain.
We would request Ihat the Irustees. along the professional adviser. consider
this point further, r&view our guidance below in detail. and formulate a thorough
grant making policy that includes all of the necessary provisions to ensure that the
organisation has a suitable framewort( in place.
Advice to the Truslees
In the case of charities whose aims include preventing or relieving povety, the
over-provision of benefit to individuals. giving signtficantly more than is required to
meet the basic needs of the individual (at the exlreme, Tnaking someone who is
poor into a millionaire, for example) would affect public benefit.
Charities for the prevention or relief of povety need to Use rational criteria when
determining the level of the benefit they will give. Tnjstees must ensure the level
of the benefit is not significantly more than is needed. Otherwse, the benefit will
become a private one that does not ￿rther the charity's aim. This would not meet
the public benefit raquirernent.
We trust that the trustees will follow this advice when providing advice to
benefiGTaries about setting up their own business.
Financial revlew
The financial position of the charity is portrayed In the accompanying Annual
Accounts.
Reserves policy
The Charity trustees have examined the tharity's requirements for
reserves in light of the main risks to the organisation. Having considered
the lower incomo from fundraising activities. the UK current economic
situation and options available. the Management Committee has decided
to create three months, worth of running cost as a reserve to be available
in case of delays funding. This will help the organisation to be sustained in
the long term.

FUTURE PLANS AND DEVELOPMEKrs
The Association intends to explore and develop grants and funding
applications lo facilitate better delNery of services and activities.
Trustees, responsibilities in relation lo the financial statements
Company law requires the directOfS to prepare financial ststements that
give a Irue and fair view of the state of affairs of the charity al the end of
the financial year and of its surplus or deficit for the financial year. In doing
so the trustees are required to..
. Select suitable accounting policies and then apply them consistentty.
. Make sound judgements and estimales that are reasonable and prudent. and
Prepare the financial statements on the going concem basis
unless it is appropriate to presume that the charity will not Continue
in business.
The diredors are responsible for maintaining proper accounting re(x)rds
which disclose with reasonable accuracy at any time the financial position
of the charity and enables them to ensure that the financial statements
comply with the Companies Act 2006. The trustees are also responsible
for safeguarding the assets of Ihe charity and hen￿ for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance the provisions in Part
15 of the Companies Act 2006 applicable to Companies, subject to the
small cornpany's regime.
APPROVAL
This report was approved by Ihe Boar(l and signed on its behalf by:
Khadra Ismall Samiarb
Dlr•¢tor
22th June 2025

Independent examinerfs report to the trustees of
HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION (HADAF)
I report to the trustees on my examination of the financial statements of Ocean
Somali Communty Association ('tha tharty.) for the year ended 31 March 2025
Responslbilities and basls of report
As the truslees 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 wth the requirements of the Companies Act
2006(Ihe 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
carri8d OLrt under section 145 of the Charities Act 2011 (Ihe 2011 Act'l. In
carying out my examination I have followed the Directions given by the Charity
Commission under section 145(5) {b) of the 2011 Act.
Indepandent Examlner's Statement
sin￿ the charity's gross income exceeded £250,000 your examlner must be a
member of a body listed in section 145 of the 2011 Act. I confirm that l am
qualified to undertake the examination because l am a member of the
Association of Chartered Certtfied Accountants (ACCA). which is one of the
listed bodies.
I have cornpleted my examination; I confimi that no matters hav8 com8 to my
attention in connection with the examination giving me cause to believe;
1. Accounting records were not kept in respect of the charty 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 seclion396 of the 2006 Act other Ihan any
requirement that the accounts give a 'tnJe and fair, view which is nol
a matter (xjnsidered as part of an inde[￿ndent examination. or
4. The financial stat&ments have not been prepared in accordance with
Ihe 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 exarnination to which attention should be drown in this report in order to
enable a proper understsnding of the accounts to be reached.
2210612025
R & A Consultancy Ltd
Chartered Certified Accountant
30 Roycroft Close. South woodford,
London. E18 1DZ

HORN OF AFRICA DEVELOPMEKf ALLIANCE FOUNDAlloN {HADAF)
STATEMENT OF FINANCIAL ACTNMES For tha y•ar fjnd￿ 31
Decgmbor 2024
Unrestricted Restrlthd
Funds
Funds
2023
Incimnlng R?￿ur
Grants & Donations
31.512
31,512
33,729
Total Ir￿mIng Resourc4S
31,512
31,512
33,729
Resow¢¢s Ex4Jend
Charilatle activitles
23,540
21,880
Goveman¢e cost
Fundra181ng Costs of grants 8nd dIxwti￿
Total Rgsources Eywded
23.54LI
Net incomin￿(outg0lng reBwrce51
7,972
7,972
11,849
ReconcIlla￿On of Funds:
Total funds, brought f0Th￿rd
14.582
14,582
2.733
Total fvnds. carrkd forward
22.554
22.554
14,582
CONTINUING OPERATIONS
Non8 of the Chthtys activld8s ￿re acquired or dtsujnbnu￿I duriThJ Ihe a￿ve tsyo financHI periods.
TOTAL RECOGNISED GAINS AND LOSSES
The Charity has no reuyjnlsed gains w kjsses otr*rthan the nel mo¥￿ent in for the above period.
Thg 8talemgnt of finanrAal &*vities also ￿m￿lIes￿lth Ihe rwuirernenls foran and &xp8ndilur8 ac(x)unt
under thè Companl8s Act 2CM)6.
The note5 on pages 10t0 12 fDrnI part of these a¢>))unts.

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION (HADAF)
Balance Sheet as at 31 Decomber 2024
2024
21r23
Flxed Assots
TangitrAo Awts
Current Assots
D8btors & wepaym8nl
Cash In hand and al Bank
22,554
22,554
14,582
Credltors
Amounts falllng ￿￿thIn on8 year
Net Current Assets
14.582
14,682
Th& Funds of the Charlty
Unr8Stricted funds
R&strictsd futKIs
14.582
14,582
The directors are s8tisfled that the company is entilled to exemptK)n from the
requirement to L*tain ar) audtt under section 477 of the Companies Act 2006 and that
members have not requlred the company to obtain an audit in ac(x)rdance with section
476 of the Act. The directors athiowledge their responsibifities for LX)mplying wth the
requirements of the Companies Act 2006 with resp8¢1 to ac(x)unting records and Ihe
praparation of accoun&. The accounts have been prepared In aco)rdance with th
prowsions in Part 15 of the Companies Art 2006 applicable to companies. subject to
the small companies, regime.
These accounts were approved by the Board of Director5 and Trustees on ￿ June
2025 and were signed on its behalf b￿.
.Chair
Hcx)s Ahmed Sahar
..Dire¢tor
Khadra Ismail Samian
The notes on pages 10 to 11 fom) part of these a¢xounts.

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION
(HADAF) Notes to the Actt>unts
For the year ended 31 December 2024
1. A¢¢ountlng Pollcl8s
The principal accounting policies are summariwj below. The aco)unting policies
hav8 b8en applled consistenlly throughout the y8ar.
1.1 Basis of A¢¢ounting
The finan￿al statements have been prepared under the historical cost ¢onvenlion and
in accordance Viilh the applicable A(xounting Standards and the Statement of
Rec(Immended Practice 'Accounting and Rewrting by Charities" published in March
2005 and Ihe Companies Act 1985.
The company has taken advanlage of the exemption in Financial Reporting
Stsndard No. 1 from the requirement to WOdu￿ a cash flow statement on the
grounds that it is small o)mpany.
1.2 Incomlng Resources
Ill￿Me from activtties, voluntary in(x)me and donations are includ8d in incoming
resources when they are receivable. except when the donors sp&ify that they must b8
used in future accounting periods or donors, conditions have not been fulfilled. then the
income is deferred. The income from rund￿1$1ng ventures is sFM)wn gross. with the
associated costs induded in fundraising costs.
1 J Resources Expended
Resources 8xpend8d are included in Ihe Statement of Finanaal ActivitTres on
accruals basis, inclusive of any VAT that (xnnot be recovered.
Expenditure that is directty attributable to specific aGtivities has been Included in
these cost categories. Where costs are attributable to more Ihan one activity. Ihey
have been apportioned across the ct)st categories on a basis consistent with the use
of those resources.
1.4 Golng Concern Basls
The financial ststsments have been prepared on the going COn￿M basis, as in the
opinion of the director and trustees. there are no issues ari￿ng which would suggest
any other basis as being more apprwiale.
1.5 D•praclatlon
Depreciation is provided using the following rates and bases to redu￿ by annual
instalments the cost, less estimated residual value. of tangible assets over the
estimated useful lives:
Fumilure, Fixtures, Fittings and Equipment- 20Yo on straight line basis.
io

HORN OF AFRICA DEVELOPMENT ALLIANCE FOUNDATION {HADAF)
Notes to the Accounts for the year ended 31 December 2024
2. Grants and Donatlons
Unrestrlcted
Restrlcted
2024
2023
Ck)nationlMembership fees
31.512
31,512
33,729
31.512
31.512
33,729
3. Cost of Charltable actmtles
Basls ol
allocatlon
Education &
Devek>pmont
2024
2023
Cost diraclly alk)cated to activltles:
Dlrecl cosvsupport
Direct
ProjeGt Cost
Dir9rt
23.540
23,540
21,880
Promotional Cost
Dire(
23.540
li