OpenCharities

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

2021-10-06-accounts

HORN OF AFRICA CHARITY ORGANISATION

06 October 2021

CONTENTS PAGE
Annual Report 2
Accountant's report 6
Statement of financial activities 7
Balance sheet 8
Notes forming part of the financial statements 9

1

HORN OF AFRICA CHARITY ORGANISATION

ANNUAL REPORT FOR THE YEAR ENDED: ANNUAL REPORT FOR THE YEAR ENDED: 06 October 2021
REFERENCE AND ADMINISTRATIVE DETAILS OF THE GROUP AND ITS ADVISORS
Organisation name: HORN OF AFRICA CHARITY ORGANISATION
Address: 8 Grange Crescent Road
Sheffield S11 8FX
Trustees
Chair Amina Souleiman
Treasurers Anab Noor
Waris Abdi
Secretary Amina Souleiman
Legal Structure Charity number: 1189188

On 23 April 2020 Horn Of Africa Charity Organisation became a Charitable Incorporated Organisation (CIO) in order to improve its governance structure

Charitable objects in its new constitution reflect the organisation’s dual focus on wellbeing projects in the UK and aid projects in the Horn of Africa.

Activities

Health and Well Being Healthy Eating Education Covid Response Training Groups we worked and supported Burngreave Fir Vale Community Contact Tracers – Sheffield UK Reach Up Youth – Sheffield UK Community projects – Somaliland Emayani Foundation - Tanzania

Bankers:

HSBC Carmel House 49 - 63 Fargate Sheffield S1 2HD

Accountants:

Antony Norris Chartered Accountants 31 Vicarage Crescent, Grenoside Sheffield S35 8RE England Mobile: (44)7950540632 email: antony.norris@talktalk.net

2

HORN OF AFRICA CHARITY ORGANISATION

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED: 06 October 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document: The trust deed (26 September 2008) Status: Charitable Incorporated Organisation (CIO) (From 24 April 2020) Charity Number: 1189188

Committee appointment:

Appointment of the committee is by annual election at the AGM. The committee is authorised to appoint new members to fill vacancies arising through resignation or death of an existing member. Major risks: The ongoing need for receipt of funding and donations.

Risk Management:

The trustees actively review the major risks which the group may face on a regular basis and believe that maintaining reserves at current levels, combined with an 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 faced by the group and confirm that they have established systems to mitigate the significant risks.

Investment policy:

The trustees have the power to make and hold investments using the general funds of the group, but no investments are presently held.

The committee's responsibility in relation to the financial statements

The law in England and Wales require the trustees to prepare financial statements for each financial year which give a true and fair view of the group's financial activities during that period and of its financial position at the end of that period. In preparing those financial statements, the trustees are required to:

(b) Make judgements and estimates that are reasonable and prudent;

(c) State whether the policies adopted are in accordance with the Charities Acts and with the applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the financial statements;

(d) Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the group and enable them to ensure that the financial statements comply with relevant Acts and recognised accountancy standards. It is also responsible for taking reasonable steps for the prevention and detection of fraud and other irregularities.

4

HORN OF AFRICA CHARITY ORGANISATION

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED: 06 October 2021

MISSION AND OBJECT IVES

To support and help disadvantaged people from the Somali refugee community, especially the elderly and members with disability to overcome barriers and isolation and to participate more fully in activities within their community.

5

FINANCIAL REVIEW

Funding

Our income has been from fundraising and donations from the UK and International Diaspora Community. So far all our earnings came from sales of books

Summary
In year:
Reserves
At year end:
represented by:
Current assets
Brought Forward
Net Incoming resources - surplus/(deficit)
Creditors		 Restricted
Unrestricted
Total
Unrestricted
Funds
Funds
Funds
Funds
2021
2021
2021
2020
£
£
£
£
-
1,914
1,914
1,326
-
(351)
(351)
588		 Restricted
Unrestricted
Total
Unrestricted
Funds
Funds
Funds
Funds
2021
2021
2021
2020
£
£
£
£
-
1,914
1,914
1,326
-
(351)
(351)
588
-
1,563		 1,563
1,914
-
1,563		 1,563
1,914
2,163
2,364
(600)
(450)
1,563
1,914

Approval

This report was approved by the committee on and signed on their behalf

18/10/2022

Amina Souleiman

Chair

6

HORN OF AFRICA CHARITY ORGANISATION

Accountants' Report

Accountants' report on the unaudited accounts To the trustees of: HORN OF AFRICA CHARITY ORGANISATION

As described on the balance sheet you are responsible for the preparation of the accounts for the period ended 6 October 2021, set out on pages 7 to 9. In accordance with your instructions, we have compiled these unaudited accounts in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Antony Norris Chartered Accountants

18/10/2022

31 Vicarage Crescent, Grenoside Sheffield S35 8RE

7

HORN OF AFRICA CHARITY ORGANISATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 06 October 2021

Notes Restricted Unrestricted Total Unrestricted
Funds Funds Funds Funds
2021 2021 2021 2020
£ £ £ £
INCOMING RESOURCES
Incoming resources from generated funds 5
Incoming resources from charitable activities
Grants 4 -
Sports England - - - 8,440
Cycling UK 1,240 1,240
Sheffield City Council (SCC) 4,250 4,250
Community Fund A4A 5,900 5,900
South Yorkshire Cummunity Foundation (SYCF) - I Will Fund 4,265 4,265
Voice for Change 4,600 4,600
From sales 6,281 6,281 1,593
Total Incoming Resources 20,255 6,281 26,536 10,033
RESOURCES EXPENDED:
Costs of generating voluntary income
Publicity and Fund Raising 195 349 544 250
Charitable activities
Direct in reference to the main activities
Staff 4,616 1,806 6,422 3,280
Young Creative Leader's Summit - - - -
Activate Project - Healthy Living Activities for members of the -
refugee community - - - -
Horn Media - Media Training - photography, vedio and film for - - -
Refugee Women - - - -
Materials 1,998 447 2,445 198
Design and Printing 1,587 - 1,587 -
Training and Activities 1,485 1,180 2,665 357
Volunteer Expenses 300 1,000 1,300 100
Fitness activities 8,624 - 8,624 800
18,805 4,782 23,587 4,985
Support
Travel expenses - -
Management 1,300 1,400 2,700 1,560
Room hire - - -
Venue/Stall fees 150 300 450 600
Equipment - - - 2,150
Insurance
1,450 1,700 3,150 4,310
Governance costs
Accountancy 2 - 150 150 150
Interest
Total Resources Expended 20,255 6,632 26,887 9,445
Net incoming/(outgoing) resources - (351) (351) 588
Total funds brought forward - 1,914 1,914 1,326
TOTAL FUNDS CARRIED FORWARD - 1,563 1,563 1,914

8

There were no recognised gains or losses in the period other than those included in the Statement of Financial Activities.

9

HORN OF AFRICA CHARITY ORGANISATION

BALANCE SHEET AS AT: 06 October 2021

Notes
FIXED ASSETS:
3
Current Assets
Debtors
Cash at bank
Cash in hand
Current Liabilities
3
Net Current Assets
NET ASSETS
FUNDS
Unrestricted Funds
Restricted Funds
TOTAL FUNDS		 2021
£
£
-
1,921
242
-
2,163
(600)
1,563
1,563
1,563
-
1,563		 2020
£
£
-
1,921
443
-
2,364
(450)
1,914
1,914
1,914
-
1,914		 2020
£
£
-
1,921
443
-
2,364
(450)
1,914
1,914
1,914
-
1,914
1,914
1,914
-
1,914

The committee is satisfied that the group is exempt from audit or independent examination under the Charities Acts; and that no member or members have requested an audit.

The committee acknowledges its responsibilities for:

(ii) preparing accounts which give a true and fair view of the state of affairs of the group as at the end of the financial year and of its profit or loss for the financial year.

Amina Souleiman

Approved by the board on: 18/10/2022

10

HORN OF AFRICA CHARITY ORGANISATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 06 October 2021

1 ACCOUNTING POLICIES

Basis of preparation of accounts

The accounts have been prepared under the historic cost convention, under the UK model, and in accordance with: ☻ Financial Reporting Standards for Smaller Enterprises (FRSSE) effective 2006.

☻
2
Net (Expenditure)/ Income for the year
2021
2020
This is stated after charging:-
£
£
Accountants Remuneration
150
150
3
CREDITORS - Amounts falling due within one year
2021
2020
£
£
Accruals
300
150
Other
300
300
600
450
4
USE OF GRANTS
2021
2021
2021
2021
at begin
received
spent
at end
£
£
£
£
Grants receivable
Cycling UK
-
1,240
1,240
-
Sheffield City Council (SCC)
-
4,250
4,250
-
Community Fund A4A
-
5,900
5,900
-
SYCF-I Will Fund
-
4,265
4,265
-
Voice for Change
-
4,600
4,600
-
-
20,255
20,255
-
5
FUNDS GENERATED
2021
2021
2021
2020
£
£
£
£
restricted
unrestricted total
Grants
20,255
-
20,255
8,440
Sales and donations
-
6,281
6,281
1,593
Total - all funds
20,255
6,281
26,536
10,033
Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005)		 ☻
2
Net (Expenditure)/ Income for the year
2021
2020
This is stated after charging:-
£
£
Accountants Remuneration
150
150
3
CREDITORS - Amounts falling due within one year
2021
2020
£
£
Accruals
300
150
Other
300
300
600
450
4
USE OF GRANTS
2021
2021
2021
2021
at begin
received
spent
at end
£
£
£
£
Grants receivable
Cycling UK
-
1,240
1,240
-
Sheffield City Council (SCC)
-
4,250
4,250
-
Community Fund A4A
-
5,900
5,900
-
SYCF-I Will Fund
-
4,265
4,265
-
Voice for Change
-
4,600
4,600
-
-
20,255
20,255
-
5
FUNDS GENERATED
2021
2021
2021
2020
£
£
£
£
restricted
unrestricted total
Grants
20,255
-
20,255
8,440
Sales and donations
-
6,281
6,281
1,593
Total - all funds
20,255
6,281
26,536
10,033
Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005)		 ☻
2
Net (Expenditure)/ Income for the year
2021
2020
This is stated after charging:-
£
£
Accountants Remuneration
150
150
3
CREDITORS - Amounts falling due within one year
2021
2020
£
£
Accruals
300
150
Other
300
300
600
450
4
USE OF GRANTS
2021
2021
2021
2021
at begin
received
spent
at end
£
£
£
£
Grants receivable
Cycling UK
-
1,240
1,240
-
Sheffield City Council (SCC)
-
4,250
4,250
-
Community Fund A4A
-
5,900
5,900
-
SYCF-I Will Fund
-
4,265
4,265
-
Voice for Change
-
4,600
4,600
-
-
20,255
20,255
-
5
FUNDS GENERATED
2021
2021
2021
2020
£
£
£
£
restricted
unrestricted total
Grants
20,255
-
20,255
8,440
Sales and donations
-
6,281
6,281
1,593
Total - all funds
20,255
6,281
26,536
10,033
Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005)
2021
2020
£
£
300
150
300
300
600
450
2021
2021
spent
at end
£
£
1,240
-
4,250
-
5,900
-
4,265
-
4,600
-
-
20,255		 20,255
-
2021
2021
£
£
restricted
unrestricted
20,255
-
-
6,281		 2021
2020
£
£
total
20,255
8,440
6,281
1,593
20,255
6,281		 26,536
10,033

11