SPIRITUAL ASSEMBLY OF THE BAHÁ'ÍS OF BRISTOL Reports of the Directors and the Trustees for the year ended 31 March 2025 The trustees are pleased to present their report together with the financial statement of the charity for the year ending 31 March 2025 Reference and administrative details Company Registration No: Charity Registration No: 00747298 1064261 Company Registered Address 27 Rutland Gate London SW7 1PD Bankers: BARCLAYS Business Direct Support Central Octagon House Gadbrook Park Northwich Cheshire CW9 7RB TUESDAY A05 AEIH3X5F 30/12/2025 COMPANIES HOUSE
39
1
Spiritual Assembly of the Baha'is of Bristol Reports of the Directors and the Trustees for the year ended 31 March 2025 Governing documents The Spiritual Assembly of the Baha'is of Bristol is a company limited by guarantee governed by its Memorandum and Articles of Association. It is also a charity registered with the Charity Commission for England and Wales. Appointment of trustees The trustees consist of nine persons chosen from among the Baha'is of Bristol who have attained the age of 21 and who are elected by such Baha'is who are resident of Bristol in a manner provided by the Articles of Association, and who shall remain members (trustees) and continue in office for a period of one year, or until their successors are elected and on failure to be re-elected to the Spiritual Assembly shall cease to be member. Risk Statement The directors (trustees) have examined the major operational risks which charitable companies face and confirm that the system has been established so that the necessary steps can be taken to reduce these risks. Objective and Activities The objects of the charity are: • Sharing the ideals and assisting the efforts of Baha'is to establish, uphold and promote the spiritual, educational and humanitarian teaching of human brotherhood, radiant faith, exalted character and selfless love revealed in the lives and utterances of all the Prophets and Messengers of God, Founders of the world's revealed religions, and given renewed creative energy and universal application to the conditions of this age in the life and utterances of Baha'u'llah • To administer the affairs of the members of the Baha'i Faith in Bristol according to the principles of the Baha'i affiliation and administration created and established by Baha'u'llah. The charity is dependent upon voluntary help. The entire work of the charity in Bristol is carried out by volunteers. It is not possible to either estimate the hours or put a valuation on the time given to the work by the volunteers. Public Benefits The trustees are satisfied that the charity is for public benefit. Its primary objective is the advancement of religion and its activities such as its study circles, devotional meetings, children's classes and junior youth activities which are open to all. Achievement and performance The particular focus of Bristol Baha'i community's work at this stage of its development is on four Core Activities: study circles, devotional gatherings, classes for the spiritual education of children, and junior youth. All these activities are open to the wider community. In addition, the Baha'i community pursues a range of activities, designed to promote processes towards world Financial Review Incoming resources in the year ended 31 March 2025 totalled £333, 173 (2023: £32,375). Resources expended in the same period totalled £324, 152 (2023: £3,819). On 31 March 2025, the charity had total funds of £333,407 of which £327,461 was restricted and £5,946 was unrestricted. 2
Spiritual Assembly of the Baha'is of Bristol Reports of the Directors and the Trustees for the year ended 31 March 2025 (continued) Reserve policy It is the policy of the charity to maintain its funds at such a level as to enable the charity to fulfil its commitments Directors' responsibilities in respect of the accounts Company law requires the directors to prepare financial statements for each financia year which give a true and fair view of the state of affairs of the company's financial activities during the year and of its financial position at the end of the year, in accordance with the requirements of section 386 of The Companies Act 2006. In preparing those financial statements, the directors are required to: a) select suitable accounting policies and then apply them consistently. b) make judgments and estimates that are reasonable and prudent. c) follow applicable accounting standard, subject to any material departures being disclosed and explained in the financial statement. d) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation. e) safeguard the assets of the company and hence take reasonable steps for the prevention and detection of fraud and other irregularities. The directors have confirmed that no notice has been deposited under Section 476 of the companies Act 2006. in preparing this report, the directors have taken advantage of the audit exemption conferred by Section 477 (2) of Companies Act 2006 and in the opinion of the directors; the company is entitled to those exemptions on the basis that it qualified as a small company. Name: NADI SERGOT Signature: By order of the Board 3
: i Spiritual Assembly of the Baha'is of Bristol Balance Sheet - for the year ended 31 March 2025 2025 2024 Fixed Assets Building (Baha'i Centre) Burial Plots Total Fixed Assets 430 430 430 Current Assets Cash at Bank (Current Account) Earmarked Fund (Barclays) Books (Stock) Total Current Assets Liabilities Total Net Assets 5,076 327,461 440 332,977 ====== Nil 333,407 ====== 3,749 319,767 440 323,956 ===== Nil 324,386 ====== Represented by charity funds Procced of sale of Baha'i Centre Other reserve accounts Accumulated Surplus brought forward Surplus (Deficit) for the year Total charity funds 324380 9,021 333,407 ======= 264,630 55,137 2,588 2,031 324,386 ====== Statement of Directors For the year ending 31st March 2025 the Company was entitled to exemption from audit under section 477(2) of company Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the company Act 2006. The Directors acknowledge their responsibility for: Ensuring the company keeps accounting records which comply with section 386; and Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of companies Act relating to accounts, so far as is applicable to the company. These accounts have been prepared in accordance with the provision applicable to companies subject to small companies' regime. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. Name: . . 12 Signature: 24-12-25 24/12/25 Approved by the Board of their meeting dated: 24 December 2025 4
.. Spiritual Assembly of the Baha'is of Bristol Income and Expenditure For the year ended 31 March 2025 Incoming Resources Donations received Net proceeds from sale of Baha'i Centre Transfer from LSA Reserves (Barclays) Bank Interest Total Incoming Resources Outgoing Resources NSA of the Baha'is of the UK Investment with NSA Baha'is UK Insurance Council Tax Gas, Electricity & Water Community Events Deputisations fund Postage, Stationery, and Admin Total Outgoing Resources Net movement in funds Balance brought forward Total funds carried forward 2025 5,129 265,630 54,720 7,694 333,173 ===== 720 320,350 - 1,933 380 769 324,152 9,021 324,386 333,407 ======= 2024 5,850 24,630 1,875 32,375 ====== 660 632 1,423 224 173 3,819
28,556 295,830 324,386 ======
:" Spiritual Assembly of the Baha'is of Bristo! Notes to the accounts for the year ended 31 March 2025 Company Status The charity is a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. If the winding up occurs within one year of member ceasing to be a member, then the above applies to debt and liabilities of the company contracted before he or she ceased to be a member. Accounting Policies Accounting convention The accounts are prepared under the historical cost convention on a going concern and include the results of the charity's operation as indicated in the financial report, all of which are continuing. Basis of accounting The accounts have been prepared in accordance with the applicable accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2005) and complies with Companies Act 2006. The principal source of income In accordance with the teaching of the Baha'i Faith, only Baha'is may contribute to the Baha'i Fund. Thus, the primary source of income is from the Baha'i community of Bristol. The Assembly received in 2014 a legacy from late Mr Masood Yazdani Estate an amount of £53,000 which £50,000 earmarked for renovation and refurbishment of Bristol Baha'i Centre and £3,000 for upkeep of Baha'i's graves in locality of Bristol. Incoming Resources All incoming sources accounted for when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Outgoing resources Expenditure is accounted for on an accrual basis and is allocated to the appropriate heading in the financial statement. Where applicable, resources expended include VAT which cannot be recovered. Cash flow statement The company has taken advantage of the exemption conferred by the Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it qualifies as a small company. 6 _ . .