OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Bosnia And Herzegovina U.K. Network

2025-03-31-accounts

BOSNIA AND HERZEGOVINA UK NETWORK

FINANCIAL STATEMENTS

FOR

31 March 2025

Charity Number 1067411

BOSNIA AND HERZEGOVINA UK NETWORK

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Contents Page
Members of the board and professional advisers 1
Trustees’ annual report 2-6
Independent examiners report 7
Statement of financial activities 8
Balance Sheet 9
Notes to the financial statements 10-19

BOSNIA AND HERZEGOVINA UK NETWORK

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS

The Board of Trustees Zaim Pasic- Chairman Muhamed Siranovic Dr Zdenka Besara Admir Svraka Emir Bolic Almin Kazic Aicha Aldelati

Sabit Jakupovic MBE, Hononary member

Dr Waqar Azmi OBE, Honorary president

Chief Executive Officer

Anes Ceric

Registered office 639-641 Stratford Road Birmingham B11 4EA

Independent Examiner Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY

Patron Jennifer Stone-Wigg MBE Dr Waqar Azmi OBE Alicia Kearns MP Robert McNeil MBE Fleur Anderson MP Dr Kim Sadique

1

BOSNIA AND HERZEGOVINA UK NETWORK

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31[st] MARCH 2025

OBJECTIVES AND ACTIVITIES

To promote any charitable purpose for the benefit of Bosnian and other refugees.

SUMMARY OF THE MAIN ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT IN RELATION TO THESE OBJECTS

In planning our activities for the year we kept in mind the Charity Commission’s guidance on public benefit at our trustees meetings.

Our activities which demonstrate our public benefit are:

  1. Interpreting and translating

  2. Voluntary work placement

  3. Supplementary schools

  4. Capacity building

  5. Advice on employment and training opportunities

  6. Help with CVS and job application

  7. Mental health

  8. Providing information and guidance & newspaper and website.

ACHIEVEMENTS AND PERFORMANCE

Chair ’ s Report 2024–25

The year to March 2025 has been one of renewal and growth. From a small refugee-led network founded by survivors of war, we have become the custodians of a vibrant community centre whose doors are open to all who seek belonging, safety, and purpose.

Our work this year has reached more than 1,300 Bosnian families and hundreds of Syrians, Ukrainians, and others who have fled conflict and begun rebuilding their lives in the UK. Participation across all activities rose by around 20%, driven by the new facilities and sense of possibility that Bosnia House has brought.

In a world still scarred by war and displacement, Bosnia House has become a place of restoration – a living testament that the experience of surviving genocide can be transformed into compassion and practical help for others.

Bosnia House – A Home Reimagined

Once a Victorian police station, Bosnia House now beats with community life. During the year we replaced 105 ageing windows with double-glazed units, renovated five training rooms and six offices, and created brighter, more energy-efficient and accessible spaces. These improvements have created more learning, meeting and activity space for our growing community, allowing us to host expanded programmes in education, wellbeing, culture, and remembrance.

The continuing volunteer involvement in the refurbishment reflects a deep commitment to building a lasting home for present and future generations.

2

BOSNIA AND HERZEGOVINA UK NETWORK

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31[st] MARCH 2025

We have also seen Bosnia House become a shared space for diverse communities: it is now heavily used by Ukrainian and Syrian groups who have made it their base. In recognition of this, both communities have nominated representatives to join our Management Committee Board, ensuring that their voices help shape our joint future and that Bosnia House remains a truly inclusive home for all.

Community Support and Belonging

Our organisation continues to anchor the first and second generation of Bosnian genocide survivors. Many of our elders carry lasting physical and emotional scars; our young people, often acting as carers and interpreters, carry the memory of loss while seeking a future defined by confidence rather than trauma.

Over the past year, we provided support and belonging for over 1,300 Bosnian families – a 20% increase from the previous period – as well as many newly arrived Syrian, Ukrainian and Roma families.

Key community-building activities included:

These activities not only promote wellbeing and social inclusion but also safeguard cultural identity for future generations.

To ensure that young people remain at the heart of our mission, we have established a Youth Advisory Group , represented by all communities taking part in activities at Bosnia House. Acting as the collective voice of young people, the group helps shape our youth programmes, social projects, and cultural events, ensuring that the next generation leads with confidence, creativity, and compassion.

Education, Skills and Opportunity

Our Bosnian Supplementary School now has over 50 pupils, the Syrian Supplementary School has over 100 children, and this year saw the creation of a new Ukrainian Supplementary School attended by more than 40 children.

We also expanded ESOL and skills training, with courses in digital literacy, hospitality, and health & social care taking place in our refurbished training rooms. These programmes give families the confidence and tools to succeed in school, work, and wider society.

Culture and Remembrance

We marked Bosnia ’ s Independence Day in the UK Parliament, commemorated the 30th anniversary of the Srebrenica Genocide, and hosted remembrance and inter-faith events across the country. Our traditional

3

BOSNIA AND HERZEGOVINA UK NETWORK

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31[st] MARCH 2025

dance group Fahira performed at community festivals and solidarity events, keeping Bosnian culture alive for new generations.

Together with partners such as Remembering Srebrenica, we continue to promote understanding, peace and the importance of remembrance as an act of resistance.

Support and Wellbeing

Our West Midlands project, funded by the Community Fund, continued to bring positive change in the lives of the most disadvantaged members of our community.

Two staff members remain available 24/7, providing free, independent advice and support across 42 hours of weekly activities. We also maintain an out-of-hours telephone line for urgent help with appointments, medication, welfare benefits or housing.

Our 29 outreach volunteers support housebound elderly and disabled members, helping with welfare forms, phone calls, and advocacy. During the year, over 470 older people attended social activities and gatherings, while around 105 carers benefited from culturally appropriate counselling and peer-support sessions.

These services prevent isolation, promote independence, and ensure that older members of our community can live – and, when possible, die – with dignity and care.

Sport, Health and Wellbeing

Sport continues to unite people across generations and backgrounds. We organised regular football and recreational sessions at Moseley Sports Centre and other venues, as well as memorial tournaments such as the “ Irhad Rizvo Duraković Cup.”

Our youth team once again represented the UK Bosnian diaspora at the World Championship of the Bosnian Diaspora in Futsal in Travnik, Bosnia, giving young people the chance to represent their heritage internationally.

Alongside sport, we placed greater emphasis on mental health and wellbeing, hosting training sessions on recognising and responding to mental health challenges. Working with researchers at the University of Birmingham, we contributed to studies on refugee mental health, ensuring our lived experience informs future policy.

Academic and Advisory Leadership

This year we created an Academic Advisory Board bringing together Bosnian and British academics who advise us on research, policy, education and heritage initiatives. The board is chaired by Dr Kim Sadique , Associate Professor at the University of Leicester, and provides invaluable guidance on issues ranging from safeguarding and youth engagement to remembrance and community development.

This collaboration strengthens our evidence-based approach and ensures that our work continues to inform, and be informed by, the wider academic and policy community.

4

BOSNIA AND HERZEGOVINA UK NETWORK

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31[st] MARCH 2025

Volunteers – The Soul of the Network

Nearly 100 volunteers gave more than 5,000 hours of their time this year. We introduced a Volunteer of the Year Award to celebrate their contributions, and several of our volunteers were recognised nationally by Remembering Srebrenica. Their generosity is the quiet force that keeps the Network alive.

From young people giving their weekends to older members offering welfare support, our volunteers continue to define the warmth, resilience, and compassion that characterise the BH UK Network.

Partnerships and Advocacy

Collaboration remains central to our success. We continued to work closely with Birmingham City Council, NHS Trusts, Freedom from Torture, Migrant Help, Spring Housing, South & City College, and the Refugee and Migrant Centre, among others.

These partnerships ensure our communities have access to the right support and that their voices are heard at every level.

At the national level, we contributed to the All-Party Parliamentary Group on Bosnia and Herzegovina, helping ensure that the experiences of genocide survivors and refugees inform UK policy and awareness.

In June, we hosted our World Refugee Day Conference at Bosnia House, attended by around 100 delegates from 26 ethnic minority groups, sharing stories, challenges and solidarity in building a more inclusive future.

Looking Ahead

As we look to the future, our priorities remain clear:

Despite financial pressures across the public sector, we remain determined to protect and grow the services our communities rely on. Bosnia House will continue to serve as a space of refuge, learning, and belonging for all who come through its doors.

5

BOSNIA AND HERZEGOVINA UK NETWORK

TRUSTEES’ ANNUAL REPORT

YEAR ENDED 31[st] MARCH 2025

Final Remarks

This has been a year of progress, resilience and pride. We achieved record participation, expanded our partnerships, and strengthened our infrastructure — all while continuing to uphold our values of remembrance, solidarity and community care.

As Chair of the Trustees, I extend heartfelt thanks to our patrons, partners, funders, and volunteers, whose dedication makes this work possible.

Together, we continue to challenge inequality, support refugees and build bridges across communities. I look forward to another year of shared achievement and lasting impact.

Mr Zaim Pašić

Chair, Bosnia and Herzegovina UK Network

Governing document

Bosnia UK Networks operates from 639-641 Stratford Road, Birmingham which is the registered office and the principal address of the charity. October Bosnian UK Network is a Registered Charity (No. 1067411). The constitution was adopted on 18[th] May 1996, as amended on 8[th] December 1997, 11[th] October 2003, 23[rd] December 2005.

Trustee selection methods

A skills audit has been undertaken to discover those skills which are required by the trustee body. Efforts are made to recruit trustees who meet the skill requirement.

Risk management policy

The trustees examine the major risks that the charity faces each financial year when preparing and updating the strategic plan. The charity has developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future.

FINANCIAL ACTIVITIES AND RESULTS

RESERVES

The Association aims to build up reserves to cover 6 months operating costs in the event of a drop in income. Unrestricted Reserves held as at March 31[st] 2025 were £54,438

Independent Examiner

Mark Newey of Derby Community Accountancy Service and will be in office as independent examiner for the ensuing year.

Registered office 639-641 Stratford Road Birmingham B11 4EA

Signed on behalf of the trustees

SIGN Mr Zaim Pasic Chairman

6

BOSNIA AND HERZEGOVINA UK NETWORK

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

YEAR ENDED 31[st] MARCH 2025

Independent Examiner's Report to the Trustees of the Bosnia and Herzegovina UK Network

I report on the accounts of the company for the year ended 31 March 2025 which are set out on pages 8 to 19.

Respective responsibilities of the trustees and examiner

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

----- Start of picture text -----
SIGN
----- End of picture text -----

Mark Newey ACMA Date 15th January 2026 Derby Community Accountancy Service Babington Lodge 128 Green Lane Derby DE1 1RY..

7

BOSNIA AND HERZEGOVINA UK NETWORK

STATEMENT OF FINANCIAL ACTIVITY

YEAR ENDED 31[st] MARCH 2025

Total Funds Total Funds
Year to 31 Year to 31
Unrestricted Restricted Mar 2025 Mar 2024
Funds Funds
Note
£		 £ £ £
Income from:
Generated funds
Donations 3 3,725 - 3,725 297
Grants 4 10,975 707,955 718,930 467,424
Other income 6 9,936 - 9,936 156,752
Investment income 5 1 - 1 -
------------------------------------- ------------------------------------- ------------------------------------- --------------------------------
Total incoming resources 24,637 707,955 732,592 624,473
------------------------------------- ------------------------------------- ------------------------------------- --------------------------------
Expenditure on:
Raising funds - - - -
Charitable activities 15,680 363,568 379,248 333,330
-------------------------------- ------------------------------------- ------------------------------------- -----------------------------------
Total resources expended 7 15,680 363,568 379,248 333,330
-------------------------------- ------------------------------------- ------------------------------------- ---------------------------------
Net incoming/(outgoing)
resources before transfers 8,957 344,387 353,344 291,143
Transfer between funds - - - -
-------------------------------- --------------------------- -------------------------------- ---------------------------
Net incoming/(outgoing)
resources for the year 8,957 344,387 353,344 291,143
Balances brought forward 568,988 33,614 602,602 311,459
-------------------------------- -------------------------------- -------------------------------- --------------------------------
Balances carried forward 577,945 378,001 955,946 602,602
================================ =========================== ================================ ================================

The charity has no recognised gains or losses other than the results for the year as set out above.

All of the activities of the charity are classed as continuing.

The notes on pages 10 to 19 form part of these financial statements.

8

BOSNIA AND HERZEGOVINA UK NETWORK

BALANCE SHEET

31 MARCH 2025
2025 2024
Note
£		 £ £ £
Fixed assets
Tangible assets 11 768,320 784,000
Current assets
Debtors - -
Cash at bank and in hand 453,192 100,072
-------------------------------- ---------------------------
453,192 100,072
Creditors: amounts falling due
within one year 12 (20,753) (31,470)
-------------------------------- --------------------------------
Net current assets 432,439
 68,602
Creditors: amounts falling due after
one year 13 (244,813) (250,000)
-------------------------------- --------------------------------
Total assets less current liabilities 955,946 602,602
--------------------------- --------------------------------
Net assets 955,946 602,602
=========================== ================================
Funds
Restricted 14 378,001 33,614
Unrestricted 14 577,945 568,988
--------------------------- --------------------------------
TOTAL FUNDS 955,946 602,602
=========================== ================================

The financial statements were approved by the members of the committee on the and signed on their behalf by:

SIGN Muhamed Siranovoc Date: 19th January 2026 Trustee

The notes on pages 10 to 19 form part of these financial statements.

9

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Charity information

Bosnia and Herzegovina UK Network is a registered charity. The charity’s registered office is 639-641 Stratford Road, Birmingham, B11 4EA. At the end of the year there were 7 Trustees.

1.1 Accounting convention

These accounts have been prepared in accordance with FRS 102, “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”), “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it apples from 1 January 2015. The charity is a Public Benefit Entity as defined by FRS 102.

The accounts are prepared in Sterling which is the functional currency of the charity. Monetary amounts in these financial statements to the nearest £.

The accounts have been prepared on historical cost convention apart from freehold property that is carried at market value. The principal accounting policies adopted are set out below.

These are accounts for the year ended 31 March 2025 are the first accounts of Bosnia and Herzegovina UK Network prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

1.2 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

1.4 Incoming resources

All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind have been included at market value of gifts received and in assets acquired. No amounts are included in the financial statements for services donated by volunteers.

10

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in the support of the charitable activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discounts offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.9 Financial instruments

The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Taxation

The charity is exempt from tax on income and gains falling with section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

11

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1.12 Depreciation

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a reducing balance basis as follows:-

Asset category Annual rate Equipment 20% Buildings 2%

2 Critical accounting estimates and judgements

3. Donations

Donations
Total Funds
Unrestricted Restricted Year to 31 Year to 31
Funds Funds Mar 2025 Mar 2024
£ £ £ £
Donations from individuals 3,725 - 3,725 297
-------------------------------- ------------------------------------- ------------------------------------- --------------------------------
3.725 - 3,725 297
================================ ===================================== ===================================== =============================

4. Grants receivable

Total Funds
Unrestricted Restricted Year to 31 Year to 31
Funds Funds March 2025 March 2024
£ £ £ £
National Lottery Community Fund -
118,120		 118,120 83,044
Birmingham City Council -
296,717		 296,717 122,427
Eveson Trust -
20,000		 20,000 200,000
Birmingham Voluntary Service -
-		 - 13,994
CB & HH Taylor 1984 Trust -
-		 - 2,000
Grimmitt Trust -
2,000		 2,000 600
Beyond Birmingham Community -
-		 - 7,859
Veolia Environmental Trust -
37,500		 37,500 37,500
Clothworkers Funds -
100,000		 100,000 -
National Heritage Trust -
124,826		 124,826 -
Cadbury Trust -
1,000		 1,000 -
Rowland Trust -
4,792		 4,792 -
BWCT Community Fund -
3,000		 3,000 -
Maximus UK Service 10,275
-		 10,275 -
Birmingham Madina Institute 700
-		 700 -
--------------------------------------------- ------------------------------------ ------------------------------------- --------------------------------
10,975
707,955		 718,930 467,424
===================================== ===================================== ===================================== =============================

12

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

5. Interest receivable

Year to
31 March
2025
£

Bank interest receivable
1
================================
6. Sundry Income
Year to
31 March
2025
£
Room hire
3,405
Sundry
6,531
Profit on building
-
--------------------------------
9,936
================================
7. Total resources expended
Staff costs
Consultancy & other fees
Rent & Room Hire
Utilities
Stationery, postage & information
Telephone & internet
Office Equipment & Renovation
Travel & refreshments costs
Interest
Sundry
Depreciation		 Total Funds
Year to 31
Mar 2025
£
126,596
37,982
3,619
9,333
5,837
1,042
128,665
23,617
17,562
9,315
15,680

379,248
 Year to
31 March
2024
£
-
=====================================
Year to
31 March
2024
£
-
808
155,944
-------------------------------------
156,752
=====================================
Total Funds
Year to 31
Mar 2024
£
124,951
66,721
12,382
5,857
4,484
1,961
72,054
12,131
29
16,760
16,000

333,330

13

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

Expenditure on charitable activities was £379,248 (2024: £333,330) of which £363,568 was restricted (2024: £317,330)

8. Net (expenditure)/income

Net (expenditure)/income for the year is stated after charging/(crediting):

2025 2024
£ £
Independent Examiner’s Fees 850 680
Depreciation 15,680 16,000

9. Trustees and key management personnel

During the year trustees did not receive remuneration

The key management personnel of the charity consist of the trustees, the Chief Executive Officer and other members of the senior management team.

10. Employees

The average monthly number of persons employed during the year was

Year to Year to
31 March 31 March
2025 2024
No No
Direct Charitable Staff 7 7
Administration - -
___ ___
7 7
================ ================
Employment costs
Year to 31 Year to 31
Mar 2025 Mar 2024
£ £
Net Wages and salaries 101,061 102,208
Employers National Insurance 3,536 2,329
Employees National Insurance and Tax 16,338 14,753
Pension costs 5,661
 5,661
126,596
 124,951

No employee earned more than £60,000 per annum.

14

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

11. Tangible fixed assets

11. Tangible fixed assets
Equipment Building Total
£ £ £
Cost
At 31 March 2024 9,529 800,000 809,529
Additions - - -
Disposals - - -
-------------------------------- --------------------------- --------------------------------
At 31 March 2025 9,529 800,000 809,529
================================ =========================== ================================
Depreciation
At 31 March 2024 9,529 16,000 25,529
Depreciation on Disposal - - -
Charge for the year - 15,680 15,680
--------------------------- ---------------- ---------------------------
At 31 March 2025 9,529 31,680 41,209
=========================== ================ ===========================
Net book value
At 31 March 2025 - 768,320 768,320
=========================== =========================== ================================
At 31 March 2024 - 784,000 784,000
================================ =========================== ================================
**12. ** Creditors:Amounts falling due within one year
2025 2024
£ £
HM Revenue and Customs 10,820 2,955
Salaries 9,933 7,617
Deferred income
The National Lottery Community Fund - 20,898
-------------------------------- --------------------------------
20,753 31,470
================================ ================================
13. Creditors:Amounts falling due after one year
2025 2024
£ £
Long term loan 244,813 250,000
-------------------------------- --------------------------------
244,813 250,000
================================ ================================

15

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

14. Statement of funds


General reserve
Total unrestricted funds
National. Lottery Community Fund
Birmingham City Council
Eveson Trust
Clothworkers Funds
National Heritage Trust
Grimmitt Trust
Veolia Environmental Trust
Cadbury Trust
Rowland Trust
BWCT Community Fund
Total restricted funds
Total funds		 At
1 April
2024 Incoming
Outgoing
Transfers
£
£
£
£
568,988
24,637
(15,680)
-




568,988
24,637
(15,680)
-
24,411
118,120
(103,921)
-
6,869
296,717
(165,261)
-
2,334
20,000
(15,872)
-
-
100,000
(24,387)
-
-
124,826
(15,627)
-
-
2,000
-
-
-
37,500
(37,500)
-
-
1,000
(1,000)
-
-
4,792
-
-
-
3,000
-
-




33,614
707,955
(363,568)
-




602,602
732,592
(379,248)
-



 At
31March
2025
£
577,945

577,945
38,610
138,325
6,462
75,613
109,199
2,000
-
-
4,792
3,000

378,001

955,946

The National Lottery Community Fund money was spent on supporting the West Midlands Bosnia community, outreach and mental health support.

Birmingham City Council money was spent on supporting Syrian refugees The Eveson Trust money was spent on supporting Ukrainian refugees. Clothworkers are use for building renovation.

Grimmitt Trust was spent on building renovation.

National Heritage Trust are spent on projects on heritage of refugees groups. Veolia Environmental Trust was spent on building renovation. Cadbury Trust was spent for support refugees.

Rowland Trust is use for supporting refugees on outreach & health support. BWCT Community Fund is use for community work.

16

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

15. Analysis of net assets

Tangible fixed
assets less Other net
associated loan assets Total
£ £ £
Unrestricted Funds 523,507 54,438 577,945
Restricted Funds
National Lottery Community Fund - 38,610 38,610
Birmingham City Council - 138,325 138,325
Everson Trust - 6,462 6,462
Clothworkers Funds - 75,613 75,613
National Heritage Trust - 109,199 109,199
Grimmtt Trust - 2,000 2,000
Rowland Trust - 4,792 4,792
BWCT Community Fund - 3,000 3,000
______ ______ ______
523,507 432,439 955,946
==================================== ==================================== ====================================

16. Related party transactions

The charity had no related party transactions that required disclosure.

17

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

17. Statement of Cash Flows

Note
Cash (outflows)/ outflows
from operating activities
Cash generated from
operations
18
Investing activities
Interest received
Netra cash provided by
Investing activities
Net (decrease)/increase in
cash
and cash equivalents
Cash and cash equivalents at
beginning of year
Cash at bank and in hand
Net cash and cash
equivalents		 £
1		 2025
£
353,119
1
353,120
100,072
453,192
453,192		 2024
£
-		 £
(92,463)
-
(92,463)
192,535
100,072
100,072

18

BOSNIA AND HERZEGOVINA UK NETWORK

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

18. Cash generated from operations

` 2025 2024
£ £
(Deficit) for the year 353,344 291,143
Adjustments for
Investment income shown in investing activities (1) -
Movement in working
capital
(Increase)/decrease in
debtors - -
Increase/(decrease) in
creditors (15,904) 259,758
Fixed Asset Adjustment
Depreciation charge 15,680 16,000
Purchase of Assets 0 (800,000)
Disposal of Assets 0 140,636
Cash generated from operations 353,119 (92,463)

19