Enfield Bangladesh Welfare Association
(EBWA)
Registered Charity
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST MARCH 2024
Charity number: 1055430

Enfield Bangladesh Welfare Association {EBWA)
Legal and Administrative Information
For the year ended 31 March 2024
Executive Committee and Trustees:
Mr Chaudhury Anwar MBE
Ms Rehanaz Noor
Mr Mohammed Rafiqul Alam
Mr Mohammed Mizanur Rahman
Ms Salma S Chowdhury
Mr Ruhul Amin
Mrs Sumona Chowdhury
Mr Hamid Ullah
Mr Mohammad Abu Mazhar
Mr Kazi Alamgir
Mr Abdul Wadood Masood
Mrs Morsheda Begum
Mr Fardoush Chowdhury
Chairman - Not a trustee from 12th Sept 24
General Secretary
Vice Chair
Vice Chair
Vice Chair
Treasurer
Chair- Women & Culture
Chair - Youth & Sports
Chair Social Welfare
Chair Education
Executive Member
Executive Member
Executive Member
Address:
180 High Street
Ponders End
Enfield
Middlesex
EN3 4EU
Charity Registration Number:
1055430
Independent Examiner:
TACTS ACCOUNTANT
Chartered Certified Accountants
61 Fountains Crescent
London N14 6BD

Enfield Bangladesh Welfare Association (EBWA)
FINANCIAL ACCOUNTS
FOR YEAR ENDED 31ST MARCH 2024
CONTENTS
Pages
4-5. Trustees Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
9-12. Notes to the Accounts

Enfield Bangladesh Welfare AssocRation (EBWA)
Report of the Trustees
For the year ended 31 March 2024
The trustees are pleased to present their annual report for the year ending 31 St March 2024.
The financial statements comply with the Charities Act 2011, the Constitution. and
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 2015).
Legal Status
Enfield Bangladesh welfare Association is a registered unincorporated charity with
registration number is 1055430.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is managed by a board of trustees which is ultimately responsible for all the
aspects of the overall management of the organisation. The trustees meet on a regular basis
to conduct the business of the organisation and review progress.
The trustees constantly review the risks that the charity faces. This is to ensure that grants
received from various funding agencies are utilised for the purpose that they have been
granted. To ensure minimal risks take place, that may have an effect on the aims and
objectives of the organisation and the expectations of funders, these risks are covered by
our insurance policy and are also monitored by way of staff reports, which highlight the
planned activities. The trustees recognise there are some areas of work which require the
acceptance and management of risk if our key objectives are to be achieved.
OBJECTIVES AND ACTIVITIES
i. To advance the education of the public, particularly members of the Bangladeshi
Community in Enfield, by the provision of weekend schools, vocational training for
the unemployed and Bangladeshi cultural events of educative value.
2. To relieve povety amongst the Bangladeshi Community in the London Borough of
Enfield by the provision of Legal Advice to persons unable to afford solicitor's fees,
and by enabling such persons to access local statutory and voluntary social services
by the provision of an interpretation and translation services.
3. To relieve the elderly. particularly members of the Bangladeshi community in Enfield.
4. To advice the administration of Law Arbitrating in legal disputes and promoting the
protection of the public from criminal acts by liaison with the Police.
5, To provide facilities for recreation or other leisure time occupation for persons
resident in Enfield with the objective of improving their condition of life.
6. To relieve persons suffering from shock or depression by the provision of
a counselling service.
7. To protect and preserve public health by the provision of advice and health classes
for women.

Reserves policy and going concern
The Board has assessed the charity's requirements for reserves in the light of the main risks
to the organisation. As a result. the Board has approved a policy whereby the unrestricted
funds not committed, should be held in reserve and maintained at a level which ensures that
EBWA'S core activity could continue during a period of unforeseen difficulty. The target
reserve amount represents at least 6 months, (26 weeks) expenditure and will be reviewed
annually.
Risk management
The trustees have a risk management strategy which comprises..
an annual review of the principal risks and uncertainties that the charity undertakes.
the establishment of policies, systems and procedures to mitigate those risks identified in
the annual review. and
the implementation of procedures designed to minimise or manage any potential impact on
the charity should those risks materialise.
The Trustees constantly review risks relevant to the charity. Any risks identified are reported
to the Trustees and decisions made on how to minimise risk.
Finance and Fundraising
We are delighted for the funding from Big Lottery who supported our cost-of-living project.
We are grateful for the ongoing support from our member's contributions which help the
sustenance of the organisation, luncheon club and trip activities
Future plans
In 2024-25 we plan to continue our health and supplementary education & recreational
activities. We will be applying for funds to strengthen and develop our organisation further
and envisage enhancing the lives of many more disadvantaged Bangladesh children,
elderlies and families in the London Borough of Enfield.
Trustees and their responsibilities
Charity trustees are the people who serve on the governing body of a charity. They may be
known as trustees, directors, board members, governors or committee members. The
principles and main duties are the same in all cases.
Trustees have, and must accept, ultimate responsibility for directing the affairs of a charity,
and ensuring that it is solvent, well-run, and meeting the needs for which it has been set up.
Annual Independent Examination
The Trustees will place a resolution before the next Board meeting to appoint an accountant
as Independent Examiner for the following year which is under review.
Signed on behalf of the trustees and committees
Ms Rehanaz Noor (General Secretary)
Date: 3010912024

Independent examiner's report to the trustees of Enfield Bangladesh Welfare
Association (EBWA)
I reporl on the accounts of the Trust for the year ended 31S1 March 2024, which are set out on
pages 7 to 12.
Respective responsibilities of trustees and examiner
The chlarity's trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144{2) of the Charities Act 2011
(the 2011 Act> and that an independent examination is ne8ded.
It is my responsibility to..
examine the accounts under section 145 of the 2011 Act.,
to follow the procedures laid down in the general Directions given by the Charity
Commission under seclion 145{5)Ibl of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance wilh the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounls, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as lo whether the accounts
presenl a 'true and fair view. and the report is limited to those matters set out in the statement
below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention..
{1 } which gives me reasonable cause to believe that in any material respect the requirements..
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 Act
have not been met; or
(21 to which, in my opinion, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
Date: 3010912024
Chartercd Certified Accountant
T ACTS Accountant. 61 Fountains Crescent, London, N14 6BD

ENFIELD BANGLADESH WELFARE ASSOCIATION (EBWA)
STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Total
Total
Fund
Fund
2024
2023
Notes Unrestricted Restricted
fund
fund
INCOMING RESOURCES
Voluntary IncomelDonation
5,279
5,279
2,456
Grants to provide charltable activities:
Big Lottery Fund - Cost of Living project
Claremont Community
(17)
(17)
50,000
2,000
50,000
2.000
Other Income:
Pitha Mela Stall Contribution
Trip Contribution
320
3.105
320
3,105
370
1,835
TOTAL INCOMING RESOURCES
8,704
52,000
60,704
4,661
RESOURCES EXPENDED
Cost of raising funds
(18)
2,500
Expenditure from charitable activities
(18)
8,705
50,000
58,705
32,331
TOTAL RESOURCES EXPENDED
8,705
50,000
58,705
34,831
Net Incomings and (Outgoings)
2,000
2,000
30,170
Balances Brought Forward
55,705
85,875
Balances Carried Forward
55,705
2,000
57,705
55,705
There were no reco9nised gains or losses for the above period other than those shown in the
stslement of financial activities for the above financial year. All incoming resources and
resources expended are derived from continuing activities.
(The notes attached fonn part of these financial statemenlsl

ENFIELD BANGLADESH WELFARE ASSOCIATION (EBWA)
BALANCE SHEET AT 31 MARCH 2024
Notes
2024
2023
FIXED ASSETS
Tangible assets
(14)
354
443
Current Assets
Cash at Bank and in Hand
63,451
55,647
Current Liabilities
Creditors.. Falling due within one year
Accruals and creditors
(13)
6,100
385
Net Current Assets
57,351
55,262
Net Assets
57,705
55,705
As Represented By:
Restricted Fund
Unrestricted fund
Designated Fund
(15)
2,000
15,705
40,000
15,705
40,000
(16)
Total Funds
57,705
55,705
The accounts were approved by the Trustees on 3010912024 and signed on their behalf by:
Ms Rehanaz Noor
(General Secretary)
Mr Ruhul Amin
(Treasurer)

Enfield Bangladesh Welfare Associatlon (EBWA)
Notes to the Financial Statements
For the year ended 31 St March 2024
1. Accounting basis.
The principal accounting policies adopted, judgements and key sources of
estimation uncertainty in the preparation of the financial statements are as
follows:
a)Basis of preparation
The financial statements have been prepared in accordance with 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 2015)- (Charities SORP {FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102). EBWA 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).
b)Preparalion of the accounts on a going concern basis
The Charity trustees are of the view that measures taken subsequent to the
year-end to reduce operating costs and increased fundraising. have secured the
immediate future of the Charity for the next 12 to 18 months and that on this
basis the charity is a going concern.
2. Income
Income is recognised in the period to which it relates, unless specified otherwise by the
funder. Project funding is, in general, repayable if not expended within the relevant project.
Such income is only recognised to the extent that it ceases to be repayable. The income is
accounted for on a re￿1vable basis.
3. Resource Expended
Resources expended are included in the Statement of Financial Activities inclusive of VAT
which cannot be recovered. Direct charitable expenditure include includes the direct costs of
the activities. Where such costs relate to more than one functional cost category, they have
been apportioned in line with the direct costs of the relevant service.
4. Taxation
EBWA is a registered charity and is not liable for corporation tax on its income under section
505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its
charitable activities.
5. Fund Accounting
Fund accounting unrestricted funds are available to spend on activities that further
any of the purposes of charity.

6. Support Cost
Allocation of support costs are those functions that assist the work of the charity but
do not directly undertake charitable activities. Support costs include back-office
costs, finance, personnel, and governance costs which support the Charity activities.
These costs have been allocated between cost of raising funds and expenditure on
charitable activities. The bases on which support costs have been allocated are set
out in note 19.
7. Pension costs and other post-retirement benefits
EBWA has set up a pension scheme to auto-enrol staff to meet its legal compliance
requirement.
8. Tangible Fixed Assets
All Fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated
residual value, over the useful economic life of that asset as follows:
200/0 per annum on a reducing balance,
9. Cash Flow Statement
The trustees have taken advantage of the exemption in Financial Reporting
Standard No 1 (revised) from including a cash flow statement in the financial
statements on the grounds that the charity is small.
10. Status
Enfield Bangladesh Welfare Association (EBWA) is a registered charity.
11. Staff Costs
The total Salary Costs for the year were £nil (£7,332 in 202212023) including Tax,
National Insurance Contributions and pensions. There was no paid staff on payroll in
this year.
Trustees are not remunerated.
12. Debtors
The organisation has no debtors.
13. Accruals and Creditors
2024
2023
Professional Fees
Other Creditors (Cost of living project)
485
5,615
6,100
385
385
10

14. Tangible Fixed Assets
Computers
Equipment
At Cost
11,506
Depreciation:
At 1 April 2023
Charge for the year
11.063
89
At 31st March 2024
11,152
NET BOOK VALUE
At 31 March 2024
354
At 31 March 2023
443
15. Restricted Fund Analysis
Funder
Balance
01-Apr-23
Income
Expenditure
Balance
31-Mar-24
Big Lottery Fund
Claremont Community
Total
50.000
2,000
52,000
50,000
2,000
2,000
50,000
'Big Lottery Fund was used to support cost of living crisis.
Claremont Community will be used towards educational & health activities.
16. Designated Fund
The executive committee of EBWA has resolved to designate a sum of £40,000 to cover for
organisational risk, cash flow and maintain some core functional activities in case of loss in
funding support and any delay in fund payments from funders.
17. Grant to provide charitable activities:
Funder
Project and Purpose
2024
2023
Big Lottery Fund
Claremont Community
Cost of living project
Education and Health
50,000
2,000
52,000

18. Resources Expended
Total
Fund
2024
Total
Fund
2023
Unrestricted Restricted
fund
fund
RESOURCES EXPENDED
Costs of raising funds
Cost of living activities
Salary Cost
Sessional Workers and Trainers
Volunteer Expenses
Events and Elderly project activities
Office Rent & Hall Hire
Office costs & Utilities
Legal and Professional fees
Accountancy fee
Insurance & Licenses
Trip and educational activities
AGM and Committee Meetings
Depreciation
2,500
18,929
18,929
7,332
1,185
18,116
950
1,857
6,257
1,478
648
485
785
495
18,116
950
2.875
10,270
1,478
648
485
785
3,600
480
89
1.018
4,013
3,315
14,563
2,199
300
385
746
2,195
3,105
480
89
112
TOTAL RESOURCES EXPENDED
8,705
50,000
58.705
34,831
19. Support and Governance Cost
General Support Governance
Total
Office Rent
Office Costs & Utilities
Accountancy fee
AGM and Committee Meetings
Insurance
Depreciation
8,738
1,478
8,738
1,478
485
480
785
89
12,055
485
480
785
89
10,305
1.750
12