BRISTOL SOMALI RESOURCE CENTRE (BSRC)
Somali Resource Centre is community based not for profit organisation which provides a wide range of services to assist migrant communities acclimatise to UK environment.We provide training with the aim of breaking down psycho-social barriers and bring equality and diversity alive. We offer practical support to migrants to enable them develop skills and confidence in accessing mainstream services.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £277,488, with free reserves less fixed assets and designated funds at £193,650. The trustees consider this level of reserves adequate against six months of running costs estimated at £152,000. The charity reported a net income increase to £75,497 for the year ended 31 March 2025.
What the accounts disclose
“Based on the budget prepared for the 24/25 financial year, 6 months running costs equates £152,000, and therefore, the trustees feel the level of free reserves is adequate” — page 9
Trustees
- Abdi Mohamed
- Dr Henrietta Wilkinson
- Huda Ismail
- Mubarig Bodleh
- Ruth Pickersgill MBE
- Samira Muse Ms
- Zahra Kosar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £400k | £324k |
| 31/03/2024 | £365k | £263k |
| 31/03/2023 | £262k | £212k |
| 31/03/2022 | £252k | £162k |
| 31/03/2021 | £285k | £137k |
Common questions
Is BRISTOL SOMALI RESOURCE CENTRE (BSRC) financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £277,488, with free reserves less fixed assets and designated funds at £193,650. The trustees consider this level of reserves adequate against six months of running costs estimated at £152,000. The charity reported a net income increase to £75,497 for the year ended 31 March 2025. Its FY2025 accounts were independently examined.