REGISTERED CHARITY NUMBER: 106876 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for NORTHERN IRELAND SOMALI ASSOCIATION M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH NORTHERN IRELAND SOMALI ASSOCIATION Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2022 Page Report of the Trustees Independent Examiner's Report Receipts and Payments Account Balance Sheet Notes lo the Finanei21 Statements NORTHERN IRELAND SOMALI ASSOCIATION Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The financial statements have been prepared on the cash basis, previously having been prepared on the accruals basts. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing d￿urnent. a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 106876 Principal address 185A Ornieau Road Belfast BT7 ISQ Trustees Haji Adnan Hussetn Hassan Ahmed Hassan Ali Abdillahi Farah Mrs Fatuma Maallin Mrs Mary'ama Yuusuf Mr5 Fatuma Ahmed Sheikh Mrs Faisa Mahamud Mohammed Independent Examiner Seamus McLemon FCA M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH Approved by order of the board of trnstees on ........ and signed on its behalf by: Haji Adnan Hussein - Trustee Independent Examiner's Report to the Trustees of Northern Ireland Somali Association I report on the accounts of the company for the )'ear ended 3110312022 which are set out on pages 3 to Respective responsibilitie5 of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act (Northem Ireland) ?008 ("the Act"). It is my responsibilfftty to- examine the accounts under section 65 of the Act; follow the procedures laid down in the oeneral Direction5 given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Act- and state whether particular matters have come to my attention. Basis of the independent examÉner'5 report I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Act. The examination included a review of the accountincv records kept by the charity and a comparison of the accounts presented with those records. It also included consTderation of any unusual item or disclosures in the accounts, and seeking explanations from you a5 charity trustees conceming any such matters. Independent examiner's statement I have completed my examination and confirni that no matter has come to my attention. which gives me cause to believe.. that accounting record5 were not kept as required by section 63 of the Act- that the accounts do not accord with those accountino records- that the accounts do not comply with the accountino requirements of the Act that there is fLUther infonnation needed for a proper understanding of the accounts to be reached. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. -/wILW Seamus McLernon FCA M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisbum Road Belfast Co. Antritn BT9 6GH Date.. NORTHERN IRELAND SOMALI ASSOCIATION Receipis and Payment5 Account FOR THE YEAR ENDED 31 MARCH 2022 3113122 Total funds 3113121 Total fund5 Unrestricted funds Restricted fund5 Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2,120 Charitable 2Ctivitie5 Charitable activities 5,000 18,567 23,567 15,249 Total 5,000 18,567 23,567 17,369 EXPENDITURE ON Charitable activities Charitable activities 5,416 16,277 21,693 15,804 NET INCOME/(EXPENDITURE) (416) 2,290 1.874 1,565 RECONCILIATION OF FUNDS Total funds brought forward 6,562 2,234 8,796 7,231 TOTAL FUNDS CARRIED FORWARD 6,146 4,524 10,670 8,796 The notes form part of these financial statements NORTHERN IRELAND SOMALI ASSOCIATION Balance Sheet 31 MARCH 2022 3113122 3113121 Notes FEXED ASSETS Tangible assets 2353 253 CURRENT ASSETS Debtors Cash at bank 3.435 7.588 8,417 8,417 11,023 CREDITORS Amounts fallino due within one year (2,480) NET CURRENT ASSETS 8,417 8,543 TOTAL ASSETS LESS CURRENT LIABILITIES 10,670 8.796 NET ASSETS 10,670 8,796 FUNDS Unrestricted funds Restricted funds 6,146 4,524 6,562 TOTAL FUNDS 10,670 8,796 The financial statements were approved by the Board of Trustees and authorised for issue on a71..Q.I l. ........ and were signed on its behalf by: Haj i Adnan Hussein - Truslee The notes forni part of these financial slatements NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2022 ACCOUNTIING POLICIES Basis of preparing the financial statements The financial statements of the charity have been prepared on the cash basis and in accordance M'ith the Charities Act (Northem Ireland) 2008. Accounts for the comparative year ended 31 March 2021 were prepared on the accruals basis. Taxation The charity 15 exempt from t&x on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee5. Restricted funds can only be used for particular restricted purposes within the objects of the charity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund 15 included in the notes to the financial statements. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March2021. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. continued... NORTHERIY IRELAND SOMALI ASSOCIATION Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,120 2.120 Charitable activities Charitable activities 1,224 14,025 15.249 Total 3,344 14.025 17,369 EXPENDITURE ON Charitable activities Charitable activities 2.779 13,025 15,804 NET INCOME 565 .000 ,565 RECONCILIATION OF FUNDS Total funds brought forward 5,997 1.234 7,231 TOTAL FUNDS CARRIED FORWARD 6.562 2,234 8,796 TANGIBLE FIXED ASSETS Computers & Equipment COST Ai l April 2021 Additions at 31 March 2022 800 2,000 DEPRECIATION At l April 2021 and 31 March 2022 547 NET BOOK VALUE At 31 March 2022 2,253 At 31 March 2021 253 continued... NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Slatements- continued FOR THE YEAR ENDED 31 MARCH 2022 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113122 3113121 Oiher debtors Prepayments and accrued income 1,602 1.833 3,435 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113122 3113121 Other creditors 2,480 ANALYSIS OF NET ASSETS BETWEEN FUNDS 3113122 Total funds 3113121 Total funds Unreslricted funds Restricted funds Fixed assels Current assets Current liabilities 2,253 2,271 2,253 8,417 253 11.023 2,480) 6,146 6,146 4,524 10,670 8,796 MOVEMENT IN FUNDS Net movement in funds At 3113122 Ai 114121 Unrestricted funds General fund 6,562 (416) 6,146 Restricted funds Core Funding 2,234 2290 4,524 TOTAL FUNDS 8,796 1,874 10,670 continued... NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2022 MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 5,000 (5,416) (416} Restricted funds Core Fundino 18,567 (16,277) 2,290 TOTAL FUNDS 23,567 21,693) 1,874 Comparatives for movement in funds Net movemenl in funds At 3113122 At 114121 Unrestricted funds General fund 5,997 565 6.562 Restricted funds Core Funding 1,234 1,000 2,234 TOTAL FUNDS 7.231 1,565 8,796 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 3,344 (2,779) 565 Restricted funds Core Funding 14,025 (13,025) 1,000 TOTAL FUNDS 17,369 15.804) 1,565 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2022.