ASMA COMMUNITY GROUP LTD
Accounts and Trustees Report
For the year ended 31 December 2024
## **ASMA COMMUNITY GROUP LTD**
## **Contents**
## **For the year ended 31 December 2024**
Page
|Legal and administrative information|1|
|---|---|
|Trustees’ report|2-3|
|Independent examiner’s report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7-8|
## **ASMA COMMUNITY GROUP LTD**
## **Legal and Administrative Information**
## **For the year ended 31 December 2024**
Status: The organisation is a charity and a company limited by guarantee registered in England & Wales. Charity Number: 1201486 Company Number: 13787542 Registered Office & Business Address: 10 Kingsgate Place London NW6 5TA Trustees Mahamed Hassan Omar - Chair/Director Omar Ahmed Hilowle - Director Mustafa Ahmed Iman - Trustee Farhiya Hassan Omer - Trustee Hassan Ali Dooy - Trustee Bankers: Lloyds Bank Accountants: Safeguard Financials Ltd Chartered Certified Accountants 567 High Road London, England N17 6SN
1
## **ASMA COMMUNITY GROUP LTD**
## **Trustees’ Report**
## **For the year ended 31 December 2024**
## **About the Organization**
ASMA COMMUNITY GROUP is UK-Registered charity that is committed to help local communities though education, with a particular focus on supporting disadvantaged children and ethnic minorities. The organization recognizes that education is key to unlocking opportunities and breaking the cycle of poverty, and it is dedicated to providing access to educational resources and support to those who need it most.
## **Objectives**
our mission is to empower individuals and communities through education, and it works towards this goal by providing a range of services that are designed to help individuals to meet the specific needs of local communities. The organization offers mentoring, coaching, and training courses that are designed to help individuals learn new skills, improve their knowledge, and develop the confidence and selfesteem needed to succeed in life.
## _Legal structure_
ASMA COMMUNITY GROUP is a company limited by guarantee and a registered charity with the Charities Commission in England & Wales.
## _Financial statements_
The trustees submit their trustees’ report and financial statements for the year ended 31 December 2024.
## _Policies:_
## _Reserve policy:_
The charity currently operates with minimal reserves. The trustees are endeavouring to build up its donor base with a view to having reserves equal to 6 months operating expenditure.
## _Risk(s) review:_
The trustees have recently reviewed the major risks faced by the charity. This has resulted in efforts to raise unrestricted funds and increase charity’s donor base.
## _Trustees Responsibilities_
The trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006.
The trustees oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the charity.
Trustees are also responsible for safeguarding the assets of the charity. They are elected and replaced as set out in the Memorandum and Articles of Association.
2
## **ASMA COMMUNITY GROUP LTD**
## **Trustees’ Report (continued)**
## **For the year ended 31 December 2024**
## _**Activities and Services**_
The charity is managed by 3 elected trustee members and is staffed by 8 volunteers.
- Asma Community Group is supporting disadvantaged children who may face barriers to accessing education due to factors such as poverty, or social exclusion.
- The organization offers mentoring, coaching, and training courses.
- The organization works closely with schools teachers and families to identity children who need support, and it provides them with resources such as textbooks, learning materials, and tutoring to help them succeed.
- Creation of Alumni Association for beneficiaries to network,
- Donor Relation Programs,
## _**Thanking for our donor**_
We would like to thank to all our generous funders to Education for Asma Community Group. We are greatly appreciating for your support. Through your support we have been able to accomplish our aims and objectives. We have to say you truly make the difference for us, and we are extremely grateful! We specifically would like to say thank you to all donors.
This report was approved by the board and signed on its behalf by:
Chair Mr Mahamed Hassan Omar
Date: 22 Sep 2025
3
## **ASMA COMMUNITY GROUP LTD**
## **Independent Examiners Report**
## **For the year ended 31 December 2024**
I have examined the accounts on pages 5 to 6 which have been prepared on accruals basis.
## _Respective responsibilities of trustees and examiner_
The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 43 of the 1993 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
- to state whether particular matters have come to my attention.
## _**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 consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## _**Independent examiner’s statement**_
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 requirements:
- to keep accounting records in accordance with section 41 of the 1993 Act; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of the 1993 Act, have not been met;
Date: 22 Sep 2025 Safeguard Financials Ltd Chartered Certified Accountants 567 High Road London, England N17 6SN
4
## **ASMA COMMUNITY GROUP LTD**
## **Statement of Financial Activities**
## **For the year ended 31 December 2024**
|Notes
_Income_
_Tuition Fee_
_Grants and Donations_
Other grants and donations
_Expenditure_
Telephone, fax and Internet
Rent & hall hire
Legal and professional
Wages/Volunteers
Events and outings
Postage and stationery
Total expenditure
Net resources for the year
Fund balances as at 1 January 2024
Fund balances at 31 December 2024|General
purpose
£
28,607
-
28,607
655
9,505
650
17,955
-
-
28,310
297
483
789|Restricted
£
4,920
4,920
54
1050
525
1056
2290
-
4,975
(50)
-
(50)||2024
2023
Total
funds
Total funds
£
£
2,000
33,527
2,000
709
-
10100
528
1175
325
19011
-
2290
1,159
-
67
33,285
2,009
247
(9)
483
492
739
483|2024
2023
Total
funds
Total funds
£
£
2,000
33,527
2,000
709
-
10100
528
1175
325
19011
-
2290
1,159
-
67
33,285
2,009
247
(9)
483
492
739
483|
|---|---|---|---|---|---|
||||||2,000|
||||||-
528
325
-
1,159
-
67|
||||||2,009|
||||||(9)
492
483|
|||||||
5
## **ASMA COMMUNITY GROUP LTD**
## **Balance Sheet**
## **For the year ended 31 December 2024**
|_Fixed assets:_
Office equipment
_Current Assets:_
Cash at bank and in hand
_Current liabilities payable within 1 year:_
Creditors and accruals
4
_Net Current Assets_
_Total Assets less current liabilities_
_Funds:_
Restricted funds
Unrestricted funds
Notes
3||739
-
£
739|739
-
£
739|739
739
(50)
789
739
2024
£
-||483
-
£
483|483
-
£
483|483
483
(9)
492
483
2023
£
-|
|---|---|---|---|---|---|---|---|---|
|||739
-||||483
-|||
||||||||||
||||||||||
||||||||||
For the financial year ended 31 December 2024, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 1 to 6 were approved by the board and signed on their behalf by:
**………………………………..** M. H. Omar Director
Date: 22 Sep 2025
6
## **ASMA COMMUNITY GROUP LTD**
## **Notes to the Accounts**
## **For the year ended 31 December 2024**
- 1 Basis of accounting
The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with Statement of Recommended Practice (SORP 2015), "Accounting and Reporting by Charities" and applicable accounting standards.
## 2 Accounting Policies
A summary of the principal accounting policies, all of which have been applied consistently throughout the year is set out below.
- 2.1 _Income and expenditure_
All income and expenditure is accounted for on accrual basis.
- 2.2 _Fund Accounting_
- General funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are funds subject to specific restrictive conditions imposed by donors.
- 2.2 _Tangible Fixed assets and Depreciation_
Tangible fixed assets are stated at cost.
Provision for depreciation of fixed assets held for use by the charity is made at an annual rate of 25% on straight line basis.
## 2.3 _Status_
The charity is a company limited by guarantee. The members are the trustees named on page 1. The liability in respect of the guarantee, as set out in the Memorandum, is limited to £1 per member of the company.
7
## **ASMA COMMUNITY GROUP LTD**
## **Notes to the Accounts**
## **For the year ended 31 December 2024**
|3
Tangible Fixed Assets
_Costs_
At 31 December 2023
Additions during the year
At 31 December 2024
_Depreciation_
At 31 December 2023
Charge for the period
At 31 December 2024
_Net Book value_
At 31 December 2024
At 31 December 2023
4
Creditors and accruals
Accruals|Office
equipment
£
-
-
-
-
-
-
-
-
2024
£
-
-|Total
£
-
-|
|---|---|---|
|||-|
|||-
-|
|||-|
||||
|||-|
|||-|
|||2023
£
-|
|||-|
8