REGISTERED CHARITY NUMBER: 106876 Report of the Trustee5 and Unaudited Financial Statements for the Year Ended 31 March 2024 for NORTHERN IRELAND SOMALI ASSOCIATION M.B.McGTady & Co Chartered Accountants Suite 2B Cadooan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH
NORTHERN IRELAND SOMALI ASSOCIATION Contents of the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees Independent Examiner's Report Receipts and Payments Account B31anc¢ Sheet Notes to the Financlal Statements
NORTHERN IRELAND SOMALI ASSOCIATION Report of the Trustees FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The financial statements have been prepared on the cash basis. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document. a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 106876 Principal addre55 185A Onneau Road Belfast BT7 ISQ Trustees Haji Adnan Hussein Hassan Ahmed Hassan Ali Abdillahi Farah Mrs Fatuma Maallin Mrs Maryama Yuusuf Mrs Fatuma Ahmed Sheikh Mrs Faisa Mahamud Mohammed Independent Examiner Seamus McLernon 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 trustees on .. o7.10.1.12o.ts............ and signed on its behalf by: Haji Adnan Hussein - Trustee
Independent Examiner's Report to the Trustees of Northern Ireland Somali Assoeiation I report on the accounts of the company for the j'ear ended 3110312024 which are set out on pages 3 to 8. 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 (Northern Ireland) 2008 ("the Act"). Rt is my responsibility to- examine the accounts under section 65 of the Act; follow the procedures laid down in the general 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 examiner's 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 accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual item or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Independent examiner's statement I have completed my examination and confimi that no matter has come to my attention, which gives me cause to believe.. that accounting records were not kept as required by section 63 of the Act. that the accounts do not accord with those accounting records- that the accounts do not comply with the accounting requirements of the Act that there is further infomiation needed for a proper understanding of the accounts to be reached. I have no concerns 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. Seamus McLernon FCA M.B.McGrady & Co Chartered Accountants Suite 2B Cadogan House 322 Lisburn Road Belfast Co. Antrim BT9 6GH 1 Nl aJ-¢L Date:
NORTHERN IRELAND SOMALI ASSOCIATION Receipts 8nd Payments Account FOR THE YEAR ENDED 31 MARCH 2024 3113124 Total funds 3113123 Total funds Unre51ricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donation5 and legacies Charitable activilies Charitable activities 2,500 27,103 29,603 11.432 Total 2,500 27,103 29,603 11,432 EXPENDITURE ON Charitable activities Charitable activities lJ54 24,198 25,552 17,563 NET INCOMEI(EXPENDITURE) J,146 2,905 4,051 {6,131) RECONCILIATIOP4 OF FUNDS Total funds brought forward Transfer between funds 2,286 2,253 4,539 10.670 TOTAL FUNDS CARRIED FORWARD 3,432 5,158 8,590 4,539 The notes forni part of these financial statements
NORTHERN IRELAIND SOMALI ASSOCIATION Balance Sheet 31 MARCH 2024 3113124 3113123 Notes FIXED ASSETS Tangible assets 2.253 2,253 CURRENT ASSETS Cash at bank OJ37 2,286 TOTAL NET ASSETS 8,590 4,539 FUNDS Unrestricted funds Restricted funds 3,432 5,158 4,539 TOTAL FUNDS 8,590 4,539 The ancial statements were approved by the Board of Trustees and authorised for issue on o.{'lo.512o.25 . and were signed on its behalf by: Haji Adnan Hussein- Trustee The notes forni part of these financial slatements
NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financi21 stalements The financial slalements of the charity have been prepared on the cash basis and in accordance with the Charities Act (Northern Ireland) 2008. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees. 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 rdised for particular restricted purposes. Further explanation of the nature and purpose of each nd is included in the notes to the financial statements. TRUSTEES, REMUNERATION AND BENEFITS There were trustees, remuneration totalling £10.688 for Fatuma Nassir Maalin for the year ended 31 March 2024 {2023- £3,792). Trustee5' expenses There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. continued...
NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund5 Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Charitable activities 5,000 6,432 11,432 Total 5,000 6,432 11.432 EXPENDITURE ON Charitable activities Charitable activities 816 16.747 17,563 NET INCOME 4.184 (10,315) {6,131) RECONCILIATION OF FUNDS Total funds brouoht forward Transfer between funds 6,146 (8,044) 4,524 8.044 10,670 TOTAL FUNDS CARRIED FORWARD 2,253 4,539 TANGIBLE FIXED ASSETS Computers & Equipment COST Ai l April 2023 and 31 March 2024 2,800 DEPRECIATION At l April 2023 and 31 March 2024 547 NET BOOK VALUE At 31 March 2024 2,253 At 31 March 2023 2,253 continued..
NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF NET ASSETS BETWEEN FUNDS 3113124 Total funds 3113123 Total funds Unrestricted funds Restricted funds Fixed assets Current assets 2,253 2,905 2,253 6J37 2,253 2,286 3.432 3,432 5,158 8,590 4,539 MOVEMENT IN FUNDS Nel movement in fund5 At 3113124 At 114123 Unrestricted fund5 General fund 2,286 1,146 3,432 Restricted funds Core Fundints 2,253 2,905 5,158 TOTAL FUNDS 4,539 4,051 8,590 continued...
NORTHERN IRELAND SOMALI ASSOCIATION Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS- continued Net movement in funds. included in the above are as follows- Incoming resources Resources expended Movement in fund5 Unrestricted fund5 General fund 2,500 (lJ54) 1.146 Restricted funds Core Funding 27,103 (24,198) 2,905 TOTAL FUNDS 29,603 25,552) 4,051 Comparalives for movement in funds Net movement in funds Al 3113123 Ai 114122 Unrestricted funds General fund 6.146 (3,860) 2,286 Restricted funds Core Funding 4,524 (2.271) 2,253 TOTAL FUNDS 10.670 6,131) 4,539 RELATED PARTY DISCLOSURES There were no related party trdnsaclions for the year ended 31 March 2024.