Charity number: 1040931
Newcastle Bangladesh Association
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2025
Newcastle Bangladesh Association Contents Page For the year ended 31 March 2025
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 |
| Detailed Statement of Financial Activities | 7 |
Newcastle Bangladesh Association Report of the Trustees
For the year ended 31 March 2025
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Newcastle Bangladesh Association Charity registration number 1040931 Principal address 246-248 Elswick Road Newcastle Upon Tyne NE4 6SN
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr Matab Miah Mr Humayun Choudhury Mr Shahan Ahmed Chowdhury Mr Abul Boshar Mr Shah Moynul Hoque Jahan Mr Siraj Miah Mr Abdul Rahim Karim Mr Sufi Ahmed Mr Mohammed Shakir A Quraishi Mr Azmol Hussain Mr Mohammed Ahsan Uz Zaman Arif Mrs Kazi Latifa Khanam Mrs Shamima Akter Shanu Mr Mojir Siddique Independent examiners Nesar Ali Chartered Certified Accountant 121 Violet Avenue Hillingdon Middlesex UB8 3PT Bankers Lloyds Bank Plc 25 Gresham Street London EC2V 7HN Barclays Bank Plc 1 Churchill Place London E14 5HP
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Newcastle Bangladesh Association Report of the Trustees Continued For the year ended 31 March 2025
Approved by the Board of Trustees on 15 May 2025 and signed on its behalf by
............................................................................. Mr Siraj Miah
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Newcastle Bangladesh Association Statement of Financial Activities For the year ended 31 March 2025
| Notes Income and endowments from: Charitable activities 2 Total Expenditure on: Charitable activities 3 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 165,088 |
2024 £ 135,276 |
|---|---|---|
| 165,088 | 135,276 | |
| (115,311) | (94,348) | |
| (115,311) | (94,348) | |
| 49,777 980,928 |
40,928 940,000 |
|
| 1,030,705 | 980,928 |
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Newcastle Bangladesh Association Statement of Financial Position As at 31 March 2025
| Notes Fixed assets Tangible assets Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year Net assets The funds of the charity Unrestricted income funds Total funds |
£ 2025 1,021,575 |
£ 2024 1,030,875 |
|---|---|---|
| 1,021,575 | 1,030,875 | |
| 35,797 | 29,106 | |
| 35,797 | 29,106 | |
| (5,000) 30,797 |
(15,385) 13,721 |
|
| 1,052,372 | 1,044,596 | |
| (21,667) | (63,668) | |
| 1,030,705 | 980,928 | |
| 1,030,705 | 980,928 | |
| 1,030,705 | 980,928 |
The financial statements were approved on 15 May 2025 and authorised for issue by the Board and signed on its behalf by:
Mr Siraj Miah Trustee
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Newcastle Bangladesh Association Notes to the Financial Statements
For the year ended 31 March 2025
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Newcastle Bangladesh Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
The Charity remains in a very strong position relating to future growth. No short or medium term financial risk to the Charitie's continued operations has been identified. In the opinion of the trustees there are no going concern issues.
The trustees have agreed to maintain a reserve of at least six month's annual expenditure in order to meet operational costs in the event a lack of new income in the form of donations or other potential revenue. The trustees assess the adequacy of this policy on an annual basis.
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 10 percent Reducing balance Computer Equipment 10 percent Reducing balance Motor Vehicles 10 percent Reducing balance Fixtures and Fittings 10 percent Reducing balance
2. Income from charitable activities
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Mosque | ||
| Jummah | 43,140 | 43,329 |
| Other activities | 23,136 | 17,981 |
| Other Income & Donations | 24,044 | 17,132 |
| 90,320 | 78,442 | |
| Community Centre | ||
| Other activities | 42,285 | 41,070 |
| Other Income & Donations | 4,558 | 3,235 |
| Karde Hasana | 27,000 | - |
| Grants | 925 | 12,529 |
| 74,768 | 56,834 | |
| 165,088 | 135,276 |
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Newcastle Bangladesh Association Notes to the Financial Statements Continued
For the year ended 31 March 2025
3. Costs of charitable activities by fund type
| osts of charitable activities by fund type | ||
|---|---|---|
| Unrestricted funds Mosque Community Centre |
2025 £ 81,013 34,298 |
2024 £ 32,711 61,637 |
| 115,311 | 94,348 |
4. Trustee remuneration and related party transactions
All trustees acted on a voluntary basis and therefore no remuneration or expenses were paid by the charity. There were no related party transactions during the financial year.
5. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activities are for unrestricted funds.
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Newcastle Bangladesh Association Detailed Statement of Financial Activities For the year ended 31 March 2025
| INCOME AND ENDOWMENT Charitable activities Jummah Donations (Mosque) Ramadan Donations (Mosque) Other Income & Donations (Mosque) Hall Hire (Community Centre) Other Income & Donations (Community Centre) Karde Hasana (Community Centre) Grants (Community Centre) Total incoming resources EXPENDITURE Charitable activities Cost Of Direct Charitable Activity (Mosque) Cost Of Direct Charitable Activity (Community Centre) Total resources expended Net Income |
£ 2025 43,140 23,136 24,044 42,285 4,558 27,000 925 165,088 |
£ 2024 43,329 17,981 17,132 41,070 3,235 - 12,529 135,276 |
|---|---|---|
| 165,088 (81,013) (34,298) (115,311) |
135,276 (32,711) (61,637) (94,348) |
|
| (115,311) | (94,348) | |
| 49,777 | 40,928 |
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This page does not form part of the statutory financial statements