ISRAAC SOMALI COMMUNITY ASSOCIATION
TO PROMOTE FOR THE BENEFIT OF THE SOMALI AND SOMALILAND COMMUNITY TOGETHER WITH OTHER ETHNIC GROUPS IN THE CITY OF SHEFFIELD THE ADVANCEMENT OF EDUCATION AND THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE-TIME OCCUPATION FOR THOSE MEMBERS OF THE SAID COMMUNITY WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH THE O
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net incoming resource deficit of £32,477 for the year ended 21 April 2025, resulting in total funds decreasing from £556,415 to £523,938. The trustees have adopted the Statement of Recommended Practice (SORP) and the financial statements were subject to independent examination rather than audit. The charity holds unrestricted reserves of £225,609 and restricted reserves of £298,329.
What the accounts disclose
Property (HM Land Registry)
Trustees
- ADAM YUSUFchair
- AHMED MOHAMOUD
- Abdilfatah Yousuf Sahal
- FAIZA HASSAN ALI
- Omar Barud
- Professor GEOFFREY GREEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 21/04/2025 | £374k | £407k |
| 21/04/2024 | £400k | £268k |
| 21/04/2023 | £380k | £220k |
| 21/04/2022 | £239k | £202k |
| 21/04/2021 | £295k | £176k |
Common questions
Is ISRAAC SOMALI COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource deficit of £32,477 for the year ended 21 April 2025, resulting in total funds decreasing from £556,415 to £523,938. The trustees have adopted the Statement of Recommended Practice (SORP) and the financial statements were subject to independent examination rather than audit. The charity holds unrestricted reserves of £225,609 and restricted reserves of £298,329. Its FY2025 accounts were independently examined.
Who funds ISRAAC SOMALI COMMUNITY ASSOCIATION?
Funders whose own accounts filings name ISRAAC SOMALI COMMUNITY ASSOCIATION as a grant recipient include NETHERTHORPE AND UPPERTHORPE COMMUNITY ALLIANCE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NETHERTHORPE AND UPPERTHORPE COMMUNITY ALLIANCE | FY2022 | £12k | Live Lighter Extension |
| NETHERTHORPE AND UPPERTHORPE COMMUNITY ALLIANCE | FY2024 | £5k | |
| NETHERTHORPE AND UPPERTHORPE COMMUNITY ALLIANCE | FY2023 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sheffield City Council | 24/01/2024 | £50k | Connecting Communities - Main Grant |
| The National Lottery Community Fund | 20/01/2023 | £279k | Israac Empowering Futures |
| Sport England | 01/08/2022 | £10k | Jubilee Fund - Israac Togetherness |
| The National Lottery Community Fund | 04/03/2022 | £10k | Israac Advice and Support Service |
| The National Lottery Community Fund | 06/04/2021 | £10k | ISRAAC Health Well-being Project |
| The National Lottery Community Fund | 30/10/2020 | £30k | SHEFFIELD BAMER COVID 19 ACTION GROUP |
| UK government | 09/10/2020 | £73k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 16/05/2019 | £40k | ISRAAC Development Grant (Development Grant) |
| The National Lottery Community Fund | 24/01/2019 | £10k | Sheffield African Women's Group |
| The National Lottery Community Fund | 20/04/2016 | £10k | ISRAAC Community Enterprise Centre: Architectural Appraisal and Busine |