BIJOY YOUTH GROUP Charity Registration Number: 1075206 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Pa9e 1 of13
BIJOY YOUTH GROUP FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Statements Report of the Executive Committee Statement of responsibilities of the Committee.. Independent Examinevs Report Income and Expenditure Accounts Slalemenl of Assets and Liabilities 10 Notes to the Accounts 11-12. Page20113
BIJOY YOUTH GROUP FOR THE YEAR ENDED 31 MARCH 2025 ADDRESS 191 Roman Road London Belhnal Green E2 OQY BANKER Barclays Bank INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 8111 Charity's Trustees.. Mohammed Zabir Ahmed Md Diluwar Hussen Tahera Islam Bushra Md Amirul Islam Page 3of 13
BIJOY YOUTH GROUP REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Tlie Ti'iislees lic1ve adopted tlie provisioiis of Ilie Siateineiil of Recoiiiineiided Pi-actice (SORP) Accoiiiitiiig and Repoi-liiiu by Cliarities issiied iii 2005 iii pi'epariiig the aiiiiLial i-ei)ort aiid fiii<liieial stalemeiits of Ilie Cliai-ity. Leo411 Status: Chai'ity.. Registei"ed wilh the Chai'ity Comiiiission, chai.ity Number.. 1075206 Objects, Principal Activities ilnd Organisation of the Charity Tlie Charity's object is lo proiiiote tli¢ benefit of baiigladesli people resideiil iii Ihe loiidoii boi-OLI(rh of Hackiiey, N¢wliam and Tower Flainlets by associaliiig togetliLI' tlie inhabitaiits aiid Ilie local aullioi'ities, volLiiilary ai)d otliei. orgaiiisations lo advance educ(ilioii,a aiid lo provide facilities in tlie interests of social welfare for recreatioii aiid leisLire tiine occupation witli the object of iiiiprovii)o the conditions of life tor the inhabitaiits of the area of beiiefit. To orgaiiise CLIIILiral, reci'ealional aiid faitli based rcligioLlS activities for old and yOLiiig alike iii tlie said ai-ea in order to eiihancc theii- unders11( iidiiig oii ISSLies sucli as cotninLinity coliesion, i-acc I'elalioii aiid IiiLilti faitli aiid Iniilti CLiltural visioii. Organisation: A Management Committee, the members of which are the Iruslees manages the affairs of the charity The Management Committee manages the business of the charity including the paying of all Èxpenses Triistees: "rruslees, who al'e all meinbers of tlie executive conimittee, and wlio served dui'ing the year al-e sel out on page J. Tlie trustees are elected al tlie Aiinual General Mcetili<J foi. meinbersliip of tlie Executive Coiiitnillee ,1nd servc until tlie end of the iiext Annual General Meetiiig, wliere they can staiid for re- electioii as Ineinbers of the new Executive Coinmittee. Trustees responsibilities in relation to the financial statements Tlie coininittee or Triistees are reqLiired by cliai'ity's law to pi'epare tinaiicial 5talemenls for each Iinancial yeai- whicli (yive a true and tair view of tlie financial activilies of tlie charily aiid of its finaiicial position at tlie end of tliat year. In prepariiig those fiiiaiicial stateiT)eiils the TrLislees are required to: The Trustees are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Page40113
Accounting Praclicel. The law applicable lo charities in England and Wales requires the Trustees lo prepare Financial Slalemenls for each financial year which give a true and lair view of the slate of affairs of the charity and ol the incoming resources and application ol resources of the charity for that period. In preparing these Financial Stalemenls, the Trustees are required to.. Select suitable accounting policies and then apply them consistently., Observe the methods and principles in the Charities SORP., Make judgements and accounting estimates that are reasonable and prudent., Prepare the Financial Statements on the going concern basis unless il is inappropriate to presume that the charity will continue in operation Page5of 13
BIJOY YOUTH GROUP REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position ol the charity and enable them lo ensure that the Financial Statements comply with the Charities Act 2011. The Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities VOLUNTEERS: The Trustees wish lo record their appreciation on behalf of the Charity and community for the volunteers who . assist in the smooth running of the Charity and are critical in helping to keeps the running costs down RISK REVIEW: The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated lo minimise the identified risks. All functions of the Charity are subjected lo periodic review resulting in a process of ongoing improvement. All staff and volunteers are trained and have all the required statutory and regulatory clearances required. SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased to note. that there were no incidents which gave rise to the need for the Trustees to lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exceptions recorded and which gave rise lo the need for the Trustees lo record on the Charity s Exceptions. Register. RELATED PARTY TRANSACTIONS.. During the year the Chaiily wa5 under the contrDI of Truslees and Management Commillee members as listed above. This report, which has been prepared in accordance with the special provisions of Part 15 of Ihe Companies Act 2006 applicable 10 Small companies. No membeis of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest in any contract or transaction ente."ed into by the charity during the year. Reserve Policy It is the policy of the charity that unreslricled funds, which have not been designated for a specific use, should be maintained al a level equivalent lo ils expenditure. The Trustees consider that reserve5 at this level will ensure that. in the event of a significant drop in funding. They will be able lo continue the charity's current activities while consideration is given to ways in which additional fund5 may be raised. The Centre will actively work to achieve this level of reserves. INDEPENDENT EXAMINER According to the provisions ol the Charities Act 2008 and updated 2011, the Committee has agreed that and audit is not required for this financial year. However due lo provisions of the same act an independent examiner is required and AM Accountancy Services appointed as external Accountant or Independent Examiner. Page6of 13
Transaction an(1 financial position The Statement of Financial Activities shows nel surplus for the year of £1,943 and our accumulated funds stand at £1,954 in total. AM Accountancy Services carried out an indeperldenl examination of the accounts included in the report. This report. which has been prepared in accordance with the Slalement of Recommended Practice ISORP} Accounting and Reporting by Charities issued in 2005. Approved by the trustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Name.. {Trusleel Date.. Page7 of13
Accountants, Report To the Trustees of BIJOY YOUTH GROUP FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 set out on pages 8 10 12 which have been prepared under the historical cost convention and the accountirlg policies set out in note 1 to the financial statements. Respective Responsibilities of Trustees s?ncl Accountants As described 011 page 5 the trustees are responsible foi. Ilie pr¢pc11'atioii of the fiiiaiicial stateiiieiits, aiid they coiisider tliat tlie trLlSt is exeinpt fi'oni ali audit. It IS OLir responsibility to carry out pi-ocedui'es desigiied lo eiiable us to report our opiiiioii to you. Basis of Opinion We conducted our work in accordance with the Statement of Standards for Reporting Accountants, and $0 our procedures consisted of comparing the accounts with the accounting records kept by the charity. and making such limited enquiries of the Iruslees and officers as we considered necessary for the purpose of this report_ These procedures provide only the assurance expressed in our opinion. Opinion In our opinion.. la} The accounts are in agreement with the accounting record5 kept by the charity under the requirements of the Slalement of Recommended Practice - Accounting and Reporting by Charities,. {b} Having regard only to, and on the basi5 of, the information contained in those accounts". (1} The accounts have been drawn up in a manner consistent with the accounting requirements specified the Statement of Recommended Practice - Accounting and Reporting by Charities, and {21 The charity satisfied the condition5 for the exemption from an audit of the accounts for the year specified in the Charities Act. {31 This unaudited Account we have prepared in accordance with the figure, information and explanation we have received from the management of the current committee. $8rtdicbf AfvA ACCOUNTANCY SE 43 BEN JONSON ROAD LONDON E14SA VICES AM Accountancy Seniices 43 Ben Jonson Road London El 4SA Tel.. 020 7790 6111 Date.. Page8 of13
BIJOY YOUTH GROUP Statement of Financial Activities (Income & Expense Statement) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total 2024 Total Notes Unrestricted Restricted Incoming Resources Voluntary income: Membership Fees Student Fees Donations 1,640 10,740 25,436 1,640 10,740 25,436 600 4.100 20,302 Total Incomin Resources 37,816 37,816 25,002 Resources Expended Direct Charitable Expenditure Printing. Postage. Stationery Telephone, fax and photocopies Books and Materials Wages Events and activities 34.779 34,779 29,389 Direct charitable ex enditure 34,779 34,779 29,389 Management & Administration Expenses: Accountancy Travel and promotion pps 8ank charges Re airs ement & Administration Ex 600 600 600 494 494 22 Mana 1,094 1,094 622 Total Resources Ex ended 35,873 35,873 30,011 Net Incoming Resources I (resources expended) 1,943 1.943 -5.009 Net Movement funds for the period: 1.943 1,943 -5.009 Total Funds Brought forward 11 5,020 Balance at 31 March 2025 1,954 1,954 11 Page9 of13
BIJOY YOUTH GROUP Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus (Deficitl for the financial year 37,816 35,873 1,943 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page 10of 13
BIJOY YOUTH GROUP Statement of Assets & Liabilities { Balance Sheet> As at 31 March 2025 2025 NOTE Current Assets Cash al 8ank & in Hand 7,988 7,988 Current Liabilities Amount falling due lo one year 6.034 NET CURRENT ASSETS I ILIABILITIESI 1,954 TOTAL ASSETS LESS CURRENT LIA81LITIES 1,954 FUNDS.. Brought Forward ExcessllDeficit) of income over expenditure 1,943 Total Funds 1,954 The financial slalements were approved by the Executive Comrllittee and signed on their behalf." Name". (Trustee) Date.. The Notes on pages 1010 12 form part of the financial statement5. Page11of13
BIJOY YOUTH GROUP FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basis of Accounting Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value. The Financial Slalements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151, and the requirements of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Enlilies {effeclive January 20151 ISORP 20151 b. Grants Revenue grants are credited lo the Income and Expenditure account on a receivable basis. ¢. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in incoming resources when they are receivable, expt when the donors specify that they must be used in future accounting periods or donors, conditions have not been fulfilled. then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. e. Resour¢es Expended ReSoUrS expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT knat cannot be recovered. Expenditure that is directly attributable to specific activities has been inclLJded in these cost categories. Where costs are attiibutable to more than one activity, they have been apportioned across the co<t Categories on a basis consistent with the use of those resources. f. Going Concern Basis The financial statements have been prepared on the going concern b35is. as in the opinion of the trustees, there are no issues arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expenditure includes all expenditure not directly related to the charitable activity. h. Taxation As a charity, they are exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or $256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects. No tax charges have arisen in the Charity Depreciation.. Depreciation is calculated so as to write off the cost of an asset, les5 Its eslimaled residual value, over the useful economic life of that asset as follows.. Fixture, Fitting and Equipment.. 15 0/0 on Reducing Balance method Page 12 of13
BIJOY YOUTH GROUP FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS Net Surplus of the Financial Year The excess of expenditure over income is staled after charging.. 2025 Accountants, remuneration Depreciation 600 Creditors and Acruals Accountancy PAYE Loan 700 2,694 2,640 8,034 Fundslcapital 2025 Balance at 31 Thharch 2024 Balance at 31 March 2024 Excessl {Deficill of Income over Expenditure 1.943 Balance at 31 March 2025 1,954 Page 13of13