ERITREAN COMMUNITY IN UK ANNUAL REPORT AND ACCOUNTS 31 MARCH 2024 Registered CharitN' No. 802877
ERITREAN COMMUNITY IN UK AIN'NUAL REPORT 3] MARCH 2024 The trustees presenl their annual report with the accounts of the charity for the year ended 31 March 2024. Status Eritrean Community in UK is an unincorporated association. It was registered with the Charity Commission in April 1990. its registration number is 802877. The charity's principal address is 84 Mayton Street, London, N7 6QT. Trustees The trustees in office in th¢ year were as follows:_ 14abteriorgis Aklilu Mrs. Mesghenet Se}'oum Adhanom Mrs. Lula Ghebretinsae Miss. L wam Haile Michael Medhane Eyob Ghebremichael Dawit Welderufael - Chair Secretaty Treasurer Trustees responsibilities The trustees are responsible: (i) for preparing accounts which comply m.ith the current statutory requirements and with the charity's governing document. (li) for keeping proper accounting records. (iii) t.or safeguarding the assets of the charity. and (iii) for taking reasonable steps for the prei'ention and detection of fraud and other i¢gUlarIties. The trustees ar¢ required to ensure that accounts ar¢ prepared t'or each financial year which give a true and t.air view of the state ol-affairs ot-the charily. and ot" its surplus or deticit for that period. In preparing those accounts the trustees are required to.. select suitable accounting policies and then apply them consistently- make judgements and estimates that are reasonable and prudent; prepare the accounts on a going Loncern basis unless il is inappropriaie to presume that the charity 'ill continue to operate. Objectives The principal objective of the charity in the year under review was '"to promote a scheme and projects which will benefit the community at large and the Eritrean Community in particular by relieving distress, advancing education (of mainstream and mother tongues) and providing or assisting in the provision of facilities for recreation and suppli- of adi'ice in the interest of social welfare (not of course
ERITREAN COMMUNITY IN UK ANNUAL REPORT 31 MARCH 2024 encroaching upon th¢ statutory provision) with thc object of improving the conditions of life of the said members of the community." Review of Financial Trausactions The Statement of Financial Activities on page 4 for the year ended 31 March 2024 sets out how the charity's fvnds have been applie(L and the Balance Shcet on page 5 sets out the charity's financia] position at 31 March 2024. Review of Activities The charity's principal source of income is grants from public bodies and other charities. In the year ended 31 March 2024 thc principal grant funders were the London Borough of Islington, Ttust for London, Health watch Islington, City Bridge Trust, and Islington BAMER- IBAA Consortium. Totsl income received during the year was £84,936, (2023.. £137,335) and after deducting expenses of £81,988, (2023: £93.875) the charity made a surplus of £2.948 during the year. In furtherance of its principal objective the charity during the year ended 31 March 2024 was mainly engaged in providlng advice, counselling and support to Eritreans in respect of welfare, housing, education. health, immigration, culture. employment and training. It also carried out outreach woi'k. Further details of the charity's activities are given in irs Annual Report. At 31 March 2024 the charity's funds amounted to £149,316, (2023-£146.368) an increase of £2.948 from the previous year end. The charity's net assets are adequate to fulfIl the obligations of the charity. Dependency on Volunteers, Sen4ce$ The charity is dependent upon the services of unpaid volunteers and would like to thank thcm for the valuable services given by them during the year. Mr. Habteriorgis Aklilu Eritrean Community iu the UK O November 2024 Chair
INDEPE,NDF.NT EXA,IqINER'S REPORT TO THE TRUSTEES OF EIUTREAN, COMMUNITY IN UK I report on the accounts of the Eritrean Commu.ryity in b'K for the year ended 31 March 2024, which are set out on pages 4 to 8. Respective responsibilities of trustees and exanjiner Thc charity's trustecs are responsible for t4L' preFdration of the accounts. The charity's trustces consider that an audit is not required for this year under section 144 of the Charities Acl 2011 (the Ch<ttleS Act), and that an independent eAamination is needed. It is my respnnsibilit}' to to exaTnine Ihe accounts under section 145 of ihe Charities Act, to tol low th- PI'OLL'durLs laid down in thi: gcncral Directions givcn by the Charity Commission (under iection 145(S)(b) of.the Charities ,4cl).. and to .%tate whe.ther p(IltIcul< mdtters have come to y attentioll. Basis of independent examiner's report Mv examination w'as earried out in accordance witn the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept bj the charity and a comparison of the accounts presented Nvith those records. It also includes consideration of any unusual items or disc105ures in the accounts and seeking explanations from the trustees concerning any such matters. The procpdui'es undertaken do not proi'ide all the evidence that would be required in an audit, and Lonsequently no opinion is given as to whether the accounts present a 'truc and fail, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connectioii with my examination, no matter has come to my attention.. (i) Ivhich gives ML rcasonablc causc to bclicvc tliat in any material rcspect the requircments to keep accounting records in accc)rdance with sectlOl1 130 of the Charities Act, and to prepare accounts which accord ivith the aLcounting records, and comply ivitb. the accounting requii-ements of the Charities Act, have not been mel. and (li) to which, in iny opinion, attention should be drawn in order to enable a proper understanding of the dcioiints to be reached. EKB cLountancy Services Ltd Ceilified Accountaiits and Statutory Auditors 39-41 North Road Loridon, N7 9DP 3 0 November 20211
FRITREAN COMMUNITY I.W UK STATEMENT OF FIYANCIAL ACTIVITIES YE-AR EIIDED 31 MARCH 2024 Unrestricted Restricted Funds Funds Total 2024 Total 2023 Note Income and Expenditure Incoming Resources Grants L B of Islington L B of Islington (Education Department) Trust for London Healthwatch Islington (CCG) L B Islington IBAA Consortium City Bridge Trust Awards For All L B Islington Refugee Forum Comic Relief Cloudesley Cripple Gate Foundation 27,500 27,500 9,000 9,350 5,278 11,594 22,000 7,000 34,000 9,634 14,792 27,675 9.940 2.750 9,000 9,350 5,278 11,594 5.570 850 8,000 5,570 850 8,000 27,500 49,642 77,142 127,791 Other Income Parental contributions (MTSS) Membership fees Sundry Income Interest 4,470 1,985 4,470 1,985 510 829 7,910 1,460 510 829 174 1,339 6,455 7,794 9,544 28,839 56,097 84,936 137,335 Resources Expended Direct charitable expenditure Management and administration 19.793 480 61,235 480 81.028 960 93.125 750 i&4 20273 61,715 81,988 93,875 Net Incoming/(Outgoing) Resources For the Year (5,618) 2,948 43.460 Funds brought fonvard at 1st April 2023 25.778 l?O.i90 146.368 102.908 Funds carried forward at 31st March 2024 34J44 114,972 £149,316 £146,368
ERITREAN COMMUNITY IIY UK BALANCE SHEET 31 MARCH 2024 Notes 2024 2023 Fixed Assets Tangible fixed assets 77 Current Assets C&sh at bank and in hand 164,837 171,406 164.837 . 171,406 Liabilities: amounts falling due within one year (15,521) (25,115) Net Current Assets 149.316 146,291 Net.Assets Funds Unrestricted Rcstricied 34,344 114,972 25,778 122,590 Approved by the Board of Trustees on 3 LNovember and signed on their bebalf by Mrs. Lula hebretinsae -Treasurer The notes on pages 6 to 8 fonn part of these accounts.
ERITREAN COMMUNITY TN UK NOTES TO THE ACCOUINTS 31 ,MARCH 2024 l. Accounting Policies Basis of Accounting The accounts have been prepared under the historical cost convention. Tangible fixed assets Depreciation is proN'ided at the following annual rates to write off each asset over its estimated useful lif'e:_ Furniture, fittings & equipment 25 % on a reducing balance Unrcsiricted Restricted Funds Total 2022 2023 2. Management and Administration Independent examination of accounts 480 480 960 750 480 480 960 750 2G24 2023 3. Total Resources F.xpended Total resources used include Depreciation of fixed assets Examiner's iemuneration 77 960 25 750 4. Staff Costs Wages and salaries Pension Redundancy 75,639 I,)09 90) 3,030 £57,699 £77,148 The averaiFe (full-time equiiialent) number of"persons employed during the }'ear li'as:
ERITRF.AN COMMUNITY Th, UK NOTES TO TIIE ACCOUINTS 31 MARCH 2024 5. Tangible fixed assets Furniture, Fittings & Equipment Cost At l April 2023 Additions Disposals 21,614 At 31 March 2024 £21,614 Depreciation At l April 2023 On disposals Charge for year £21.i37 77 At 31 March 20?4 £21.614 Net book values At 30 March ?024 £0 At 31 March 2023 £77 6. Liabilities: Amounts falling due iTrithin one )'ear 2024 2023 Accruals and other creditors Funds received in adi'ance 4.743 10.779 8.232 16.883 £15,552 £25,115
ERITREAN COMMUNITY IN UK NOTES TO TIIE ACCOtilYTS 31 MARCH 2024 Balance Incoming Resources Transfers Balance l April Resources Used Between 31 March 2023 Funds 2024 7. Funds Unrestricted Funds 25,778 28,839 (20,273) 34,344 Restricted Funds L B of Islington (Education Dept) Trust for London Healthwatch Islington L B Islington IBAA Consortium City Bridge Trust Big Lottery Awards for All LB Islington Refugee ForuTn Parental contributions (MTSS) MeInbership fee Comic Relief Cloudesley Cripple Gatc Foundation Sp¢cial Projects (sec note below) 9,000 9,350 5,278 11,594 (9,180) (13,323) (2,817) (10,576) (13.076) (? 970) (o) (259) (o) (2,575) {850) (6,089) (o) 1,054 4,600 10,207 13,314 6,081 5,489 2.637 27,928 5,785 2,995 8,)73 7,746 12.296 19.157 8.459 4.470 1,98) 5,570 850 8,000 1,91 32,971 32,971 120,590 56,097 (61,715) 114,972 Tolul Filnds £146J68 £84,936 (81,988) £0 149,316 The Special Projects reserve is Comprised of funds preN'iousl}' considered restricted to the Eritrean Training: Emplo}'Enent and Education Project and the Children s Care Cenlre. These funds have now been detemiined as available for related special projects. The Eritrean Commiinity in UK ii'ishes to eJtablish a commuiiity Lentre in London for the benefit of the Eritrean communitNi and the fiinds in this reserve could be applied towards this purpose. 8. Trustees Expenses A total of £0 (2023.. £0) was reimbursed to trustees in the vear. No trustee or any person connected with them has received or is due to receive any remuneration for the year directly or indirectly from the charity's funds.
ERITREAN COMMUNITY IN UK Detailed statement of Financial activity 31 MARCH 2024 Incoming Resources Grants L B of Islington L B of Islington (Education Department) Trust for London Healthwatch Islington (CCG) L B Islington IBAA Consortium City Bridge Trust Big Lottery Awards For All L B of Islin&Jton Refugee Forum Comic Relief Richard Cloudsay Cripple Gate Foundation Other income Parental contributions (MTSS) Membership tee Bank interest Sundry Income 31.3.2024 31.3.2023 27,500 9,000 9,350 5,278 11,594 22,000 7,000 34,000 9,634 14,792 27,675 9,940 2,750 5,570 850 8,000 4,470 1,985 829 510 7,910 1,460 174 84,936 137,335 Resourees Expended Wages and salaries Rent and Rates Insurance Travelling and subsistence Telephone and Internet Postage and stationery Accountancy fee Payroll preparation Computer expenses Consultancy fee Training and recruitment Saturday School refreshments Sundry expense Bank charges Older people refreshments Community empowernient and eiTents expenses Hardship grants paid Depreciation 57,698 10,232 640 215 1,248 861 960 645 161 2,400 77,148 8,057 393 1,745 1,005 1,614 750 480 260 160 39 517 12 1,670 267 108 2,259 2.367 1,8iO 77 25 Total Expenses 81,988 93,875 Surplus 2,948 43,460 This page does noi forni part of th¢ statutory. fmancial sratements