Registered Charity Number :_ 120?479 SEVEN SEEDS CIO a Charitable Incorporated Organisation TRUSTEES, REPORT AND FtNANCIAL STATEMENTS FOR THE YEAR END 31 December 2023 SEVEN SEEDS CIO 66 Grulorex Street LONDON 02080883777 $upport@wenseed&org.uk
SEVELI SEEDS CIO CONTEIYTS FOR THE YEAR ENDED 31 December 2023 TRUSTEES, REPORT....................................................................................................................................................... STATEMENf OF FtNANCIAL ACTIVITIES.............................-...................................................... ........................... BALANCE SHEET........................................................................................................................................................... NOTES TO THE FINANCIAL STATEMENTS...........................
SEVEh' SEEDS CIO TRUSTEESI REPORT FOR THE YEAR ENDED 31 December 2023 Trust8es' Annual Roportfor Seven Seeds CIO For the Financial Year Ended 31 Dec 2023 PART1-GENERAL DESCRIPTION OFTHE CHARITY'S ACTIVITIESAND IMPACT Over the18St financial year, Seven Sèeds CIO has been d8dlcated to establishing the Al-BatODI and Ar-Rahma community centre in the Mokhg district ot Taiz, Yemen, aiming to support and uplift vulnerable communities. Our work has focused on croating safe, functional. and resour¢&lul community spaces that setve the neads of local residents, with a particular foeus on educational and basic living amenitles. Kay A¢hlevement8 ond Actlvltle8: ommunlty Centre Dovelopment: We successfully rtrfurbished the first halls of both centres by Installing carpets, tiling, and p8inting, creating 8 comfortab18 environment for community gatherings and educational sessions. Sustalnable Energy Solutlon: So18r p8nels wer8 Installed to ensure a r&li8ble and sustainable sourc8 of electrleity, supporting continuous community activities and education81 progr8ms. Publlc Facllltle8 and Accommod8tlon: In Al-Batool centfe, we ¢ommon¢ed the establishment of 8 communlty kitchen and public toilets to serve visitors and community members. Addition811y, accommodation facilities were set up for supeNisingvolunteer$ to enh8nce their engagement and contribution to community development. Educatlonol Inltlatlves: We18unched community classes focusing on adult literacy, particularly for adult females who face challenges in accessing educational resources. Basic Arabic reading and writing skills were introduced to empower women with essential communication tools. Clean Water Project: The successful completion of the water project provided th8 community and centre members with access to clean waler, significantly improving health and sanitation conditions.
SEI'EN SLEDS CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 December 2023 Humanitarian Support: On several occasions, food distributions were organized to support those in need. promoting community welfare and solidarity. These initiatives have not only improved living conditions but have also empowered community members through education and access to basic necessities, fostering a supportive and piogressive environm8nt. PART 2- CONSULTATION WITH STAKEHOLDERS Stakeholders Identlfied: The primary stakeholders for Seven Seeds CIO are.. Residents of the village surroundingthe Al-Batool and Ar-Rahma centres- These include f8milies, adults, and children who benetit from the community space, educational programs, clean water. and other resources provided. Adult females In rural areas-As the primary beneficiaries of our Itteracy programs. these women are empowered with knowledge and communication skills. enhancing their social and economic participation. Supetvlslng Volunteer$- Their involvement and feedback play a ciitlC81 rote in enhancingthe effectiveness of our programs. Consultatlon and Feedba¢k Mechanism: Currently. we are in the process of implementing a Consultation and Feedback Report to gather insights and feedback fiom our stakehotders. This initiative aims to: Collect valu8ble inputto understand the community's evolving needs. Enhance program effectiveness by aligning activities wirh stakeholder expectations. Continuously improve our service delivery model. Current Status: There has been no formal stakeholder consultation held duringthis financial year. However, informal interactions with beneficiaries have guided our program development. We are committed to establishing a structured consultation process in the coming year to ensure active community participation and feeéback integration.
SEVEN SEEDS CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 [kcem1 2023 PART3- DIRECTORS. REMUNERATION No remuneration was received by the directors during this financial year. All members have contributed their time and efforts voluntarily. demonstcating their dedic8tion to the cause and ensuringthat financi8L iesouices are directed tOW8rd community development and program implernentation. PART4-TRANSFERS OF ASss OTHER THAN FOR FULL CONSIDERATION No transfer of assets other than forfull consideration has been made duringthis financial year. PART5- FINANCIAL REVIEW Income and Funding Sources: Our funding was primarily sourced from donations and grants aimed at supporting community development projects, educational initiatives, and inlrastructure improvements. Expendlture Overvlew: Refurbishment and Infrastructure Development: Expenses incurred for carpeting. tiling. painting. and solar system installation in both community centres. Educational Programs: Costs related to educational materials 8nd resources for literacy eiasses. Humanitarian Aid: Funds utIled for occasional food distribution to community members in need. Resetves Policy: Seven Seeds CIO maintains a reseNes poli to ensure financial stability and sustainability. The reserves are strategically altocated to support ongoing projects, respond to emergency needs, and manage operational costs.
SEN'ELN SEEDS CIO TRUSTEES, REPORT FOR THE YEAR ENDED 31 Demir 2023 Flnancial Statements: Detailed financial statements. including income. expenditure, assets, and liabilities. are 8V8ilat>le in the accompanying financial accounts document. PART6-PLANS FOR THE FUTURE Moving forward. Seven Seeds CIO aims to: Expand Educational Programs: By increasing the number of literacy classes and introducing skill development programsto empower more communitymembers. Complete Community Facllities: Finalize the construction of the kitchen and public toilets in AL-Batool centre. Enhance Stakeholder Engagement: Implement the Consultation and Feedback Report to actively involve beneficiaries in program development. Strengthen Communlty Support: Continue humanitarian aid initiatives to support vulnerable families. PART7-DECLARATIONANDAPPROVAL The trustees declare that they have approved the trustees. report above and have authorized Abdulbaset Abdulnoor Mohammed to sign it on their behalf. Signed by: AbdulbasetAbdulnoorMohammed Position: Trustee Date." 2410212025
SEVEN SEEDS CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 Dwember 2023 Recommended categories by ActiTr'ity Unrestricted funds Notes Total Funds 2023 Total Fullds 2022 Ineome and elldowmellts from: Dunalions and legacies 1,431.31 1,431.31 Total 1,431.31 1,431.31 Expellditure on: Charitable activities 1,170.00 1,170.00 TotAI 1,170.00 1,170.00 Net in¢omel(¢xpenditure> 261.31 261.31 Net movemcnt In funds 261.31 261.31 Reconciliation of funds: Total funds brought fonvard Total funds CArried forward 261.31 261.31
SEVEN SEEDS CIO BALANCE SHEET FOR THE YEAR ENDED 31 December 2023 Reeommended cAtegorie5 by activity Unrestricted funds Notes Total Funds 2023 Total Fund5 2022 Funds of the Charity Unrestricted fitnds 261.31 ?61.31 Restricted income funds Endowment funds Total fullds 261.31 261.31 The financial slalemenls were approved by the Board on ?4-Feb-?025 and signed on its behalf by= These accounts have been prepard in accordae with the special provisions of Part 15 of the Companies Act ?006 relating to small compunies. For the yendl 31 Jgnuary ?0? I thecompany was enti1 to exemption underStIon 477 of the Companies Act 2006 r¢latingF to small companies. The membaE have not twuiDxl the compony lo obtsin an altdit in accojthe with stiOn 476 of theComp8J)ies Act ?006. The d1ClOt acknowledge their responbibililies for complying with the wuirements of the Companies Act ?006 with reSpt to accounting records and the preparation ot accounts. Abdulbasel Abdulnoor Mohammed Chaimien
SEVEN SEEDS CIO NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 December ?0?3 l Accounting Policies 1.1 Accounting Policies The principal a¢counting policies adopted by the Charity. which is a public benefit entity. in the prepardtion of the accounts are as follows. 1.2 Basis of preparation These accounts have been prepared under the historical cost conveni10 as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These acCOLtS have been prepared in accordance with"Accouniing and Reporting by Charities.. Statement of Recommended Practice applicable to ¢harities preparing their accounts in accordance with the Ftnancial Reporting Standard applicable in the UK aud Republic of Ircland (FRS 10?)" {effective l January ?019) - (Charities SORP {FRS 10?)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10?) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest tKyund. 1.3 Going concern The Trustees have prepared fmancial projections, thking into ¢onsid¢ration the current economic conditions and have, at the time of approving these accounts. a reasonable expectation that the charity has adequate resources to continue in operntional existence for the foresceable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. 2 Income from Donations and Legacies Unrestricted futtds Total Total funds 2023 funds 2022 Attalysis Donatio and gifts 1,431.31 1.431.31 1,431.31 1,431.31
SEVEN SEEDS CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DecembeT ?O?J 3 Expenditure on Charitable Activities Total funds 2023 Total funds 2022 Analysis Legavprofessional fees 1,170.00 1.170.00 4 Charity funds 4.1 Details of material funds held and movements during the CURRENT reporting period Fund Fund balanee5 balances brought forw'ard carried foni'ard Gains and losses Income Expenditure Transfers Fund natDes Unrestricted fullds 1.431.31 {1.170.00) ?61.31 Total 1,431.31 (1,170.00) ?61.3l 4.2 Transfers between fund5 This Year Amount Between unrestricted and restricted funds Be(ween endowment and restricted fillths Between endowment and unrestricted fimds io