CHARITY REGISTEIiED NUMBER:1021669 WALSALL BANGLADESHI PROGRESS'IVE SOCIETY TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ABU & ABU CHARTERED CERTIFIED ACCOUNTANTS ABU NOWSHED CENTRE 71 WORDSWORTH ROAD SMALL HEATH BIRMINGHAM BIO OED WEST MIDLANDS
WALSALL BANCLADESHI PROGRESSIVE SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION Registered Charity Number: 1021669 Cbairman: Noor Miah Trustees: Noor Miah Aktber Ahmed Chowdhury Mohanuned Mosur Ali Reglstered Office: 291 Wednesbury Road Pleck Walsall WS2 9QJ Accountants: Abu & Abu Clwtered Certified Accountants Abu Nowshed Centre 71 Word8WOrth Road Small Heath, Binningham BIOOED West Midlands
WALSALL BANGLADESHI PROCRESSIVE SOCIETY FOR THE YEAR ENDED 31 MARCH 2024 CONTEKrs Page Charlty - Exarniners report Trustees, report Balance sheet Statement of financial activities Schedule of funds Notes
INDEPENDFNT FXAMINF. 'S Rf.i)ORT TO THE TRUSTEES OF WALSALL BANGLADESHI PROGRF,SSIVF. SOCIETY FOR THE YEAR ENDED 31 MARCH 2024 I report on the ac¢ouiits which are set out on pages 4 to 9 Respective responsiblllties of the The trustees are responsible for the preparation of the 8ccouiils. The lrnstees consider Ihat an audil is nol required for this year under sectioii 144(2) of ¢he Charities Act 2011 (the ?01 l Act) and that an indepeijdent examinalion is needed. IÈ is iny responsTbility to: The trustees who are also dire¢tOTS of the ¢ompally for the purpose or Examine the accounts under section 145 of the ?01 l Act; follow the procedures laid down in the general directions given by the Charity Commission (undeT sectioii 145(5)(b) of die ?01 l Acl); and state whether particular matters have corne to my attention. Basis of ind¢pendent examiner's report My examination was carried out in accordance with the Generdl Directions given by the Charity Commlssion. An examination incliides a review of the accounting records kept by the charity ]d a coniparison of the aceounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. aiid seeking explanations from you as trustees concerniiig ]Y sucli malters. The proclditres undeTtaken do not provide all the evidence that would be requirLd in an Éiudil, and coiiseqiieiitly iio optnic)ii is given as to whether the accounts present a "true ]d fair view" and tlie report is liinited io diose inatters set out iji the statetnent below. Indepe dent examiner's statement Dated:4 June ?024 Abu Noiv5hed. FCCA Chartered Certified Accoiinlants Abii Nowshed Ccnlre 71 Wordsworth Road Stnall Heath. BirTningham BIOOED West Midlands Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY REPORT OF THE FOR THE YEAR ENDED 31 MARCH 2024 The Charities Act 2011, together the financial statements for the year, and confirni that the latt¢r Comply with the requiT¢ments of the Act, the TTht Deed and the ChltieS SORP 2005. Structure> GovernAnc¢ and Management Risk policy The trustees have examined th¢ niajor strategic, business and operational risks which the Charity faces and onfirnl that Syste have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. Objectives and activities The principal activity of the Chlty ¢ontinues to be that of charitable activities., providing community well being servi¢¢s to the ¢ommunAty. Financial review Plan5 for future periods Trustees ar¢ confident that post pandemic, the organisaton will wry on its vitsl Community activities and provide necessary services to vaTiOW ¢onununity on matters adversely affecting theuL Page
WALSALL BANGLADF.SHI PROC:RESSIVF. SOCIETY REPORT OF THE {Coiitinued) FOR THE YEI AR ENDED 31 MARCH 2024 Accounting and reporting responsibilities The trustees are responsible for prep-llig the Trustee5' A1lla1 Report ]d tlie finaiicial stateinents in accordance with applicable law and United Ki]igdom AccoltIng Standards (United Kingdom Generally Accepted Aecounttng Practice). The law applicable to charities in Eiigland and Wales requires ilie trustees to prepare fuwicial siatements for eaeh financiaA year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and applieation of resources 0£ the charity for tliat period. In preparing these financial statem¢nls, the trustees are required to-. select suitable accounting policies and apply then) consisleutly. observe the methods and principles in the Charities SORP. n]ake judgements and estimates that are reasonable and prudent" state whether applicable accounting standards Ive been followed,subject to xny matei'ial departures disclosed and explained in the fmancial staternents- pirpare the fmancial statements on a 8OitLg concern basis uiiless it is iiiappropriate to presume that the charity will continiie lli operation. The tIStee$ are responsible for keeptng proper accounting recoi'ds which disclose with aSonable accuracy at any time the fu¢1a1 position of the chai"2ty and enable them lo eiisure that the fmancial slatemt1115 con]ply with the Cbarities Act 2011, the Charity (A¢counts and Reports) Ilegulations ?008 and the provisioii of the trust deed. They are also respoll5ible foi" saleguarding the assets of d]e charity and hence for taking reasondbke steps for the prevention and detection ot- fraud and other IegUlaTitle5. Approved by the trnstees on 4 June 2024 signed on its behalf by: Noor Miah Trustee Page
W ALSALL BANGLADESHI PROGREssIvf SOCIETY BALANCE SHEE,T AT 31 MARCH 2024 Note 2024 2023 Tangible fixed assets Tangible assets 1.195 Current assets DebioTS Bank Accounts 6,000 19,414 ?1.144 21,144 Creditors noiiiits falling due withiii one year R.70? 72 Net current assets 23,712 21,072 Total assets less eurrent liabilities 24.907 ?1,072 Net assets £?4,907 £?1,072 Capital funds Rcsts"icted fidS UnTe5tricled funds 19,8?3 5,084 18.503 2,569 Total funds £24,907 £?1.07? Approved by the trustees on 4 Jwie 20?4 and signed on its behalf. Noor Miah The annexed notes fonn part of these financial statements. Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR EIWED 31 MARCH 2024 Rest'd llleome Funds Total Funds 2024 To(al Funds 2023 Unrest'd Funds Incoming resourtes Incoming Resources from g¢nerat¢d funds: Voluntary in¢om¢ 3,933 55,783 59,716 63,502 Total kncoming resources 3.933 55,783 59,716 63,502 Resollrc expended Cbaritsble activities 320 54,463 54,783 65,983 Gov¢rnan¢¢ Costs 1.098 1,098 500 Totsl resources expeDded 1,418 54.463 55.881 66,483 Net moyement in funds 2.515 1.320 3.835 (2.981) Totsl funds brought forward £ 2.569 £18,503 £21,072 24,053 Total funds earrled forward £ 5.084 £19.823 £24,907 £21,072 Details of Incoming resources and Tesources used are given in the notes to the financial statements. Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY STATEMENT OF FINANCIAL ACTIVITIES DETAILED ANALYSIS OF MOVEMENTS IN FUNDS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 General Fund Balance B/fivd General awards Costs re general tiVitieS Accountancy Depreciation 2,569 3,933 (320) (700) (398) 2,069 9,000 {8.000) (500} 5,084 2,569 - Restricted Income Fund l - Opening Balance Project grants Costs of project activities 18,503 55,783 (54,463) 21,984 54.502 (57,983) 19.823 18,503 Totsl funds at 31 Myrch 2024 £24,907 £21,072 Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2024 Accountkng pollcie5 The financial statements hav¢ been prepared under the historical cost conventton in accordance with the accounting policies set out below, These finanoial statements hav¢ been prepared in a¢¢ordance with FRS102 Se¢tion IA - The Financial Report&ng StaTkdard applicable in the UK and Republic of Ireland and the Companies Act 2006. Ineoming resources All incoming resources are included in the SOFA when the clwity is le8&lly entitled to the income and the amount can be quantified with reasonable accura¢y. Resourees expended All expenditure is accounted for on an accnthls basis and has been classified ulldw headings that aggregate all costs related to the category Wh¢ costs cannot be directly attributed to pftrticular headings they have been allocated to activities on a basis consistent with use of the resources. Plant & Macbinery under Fix¢d Assets consists of lteD bought using fimds rec¢iv¢d from Big Lottery. Peopl¢s Health Tn( and Awards For All. TAngible red assets and depre¢iation TonbIe fixed assets are stated at ¢05t less depreciatio Depreciation is provided at rates cakulated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Land and buildillgs- 30/0 per 8nnum of cost Plant and Machinery- 25•/0 per annum of c05t Fixtures and Fittings - 25 /0 p¢r annum of cost Grants received Organisation received following grants during the accounting period. Trustees are grateful tothe awarding bodies for their immense contsibutions Th¢ awarding bodies ar¢ as below . Big Lottery . £32797 BBC Children In Need . £12462 Peoples Health Tnt . £3711 National Grid £6600 Sport England . £2992 Cole Charitable Trust . £IOOO Eveson TNst . £3000 ( received in Feb 2023) Turnover Orgdllisation do not hav¢ any subsidiary to gen¢rdt¢ income except provid¢s chatitsble activitie8 to its beneficlaries on receiving grants fmm vaTiOUS awarding bodies. Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY NOTES TO THE FINANC AL STATEMENT (Conlinued) FOR THE YEAR ENDED 31 MARCH 2024 Staff tosts The av¢rnge number of persons employed by the company, including directOT. during the year was &8 follows: 2024 2023 Administration Txngible rued assets Plant and Machinery Cost: Additions 1.593 At 31 March 2024 1.593 D¢preciation'. Charge for the year 398 At 31 Mah 2024 398 Net book value: At 31 March 2024 £1.195 Debtors prepayments Amounts falling due within one year. 2024 2023 Prepayments and A¢crued tn¢om¢ 6,000 Page
WALSALL BANGLADESHI PROGRESSIVE SOCIETY NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2024 Credltors Amounts falling due within one year:_ 2024 2023 Sundry Creditors Other Taxes & PAYE 600 1,102 70 £1,702 £ 72 Incomlng resourees Rest'd Ineon Funds 2024 Unrest'd Funds 2024 Total Funds 2024 Total Funds 2023 VolulltAry Income General awards Project grants 3.933 3.933 55,783 9.000 54,502 55.783 3,933 55,783 59,716 63,502 Charltable activities 2024 2024 2023 Costs of project activities Costs re general activities 54,463 320 57.983 8,000 Governanee costs 2024 2024 2023 Accountancy Depreciation 700 398 500 1,098 500