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2025-04-05-accounts

Report on the accounts I report on the accounts of the charity for the year ended 5 April 2025 , which are set out on pages 3 5 of the financial statements.

Responsibilities of the trustees and the examiner The trustees are responsible for the preparation of the accounts and for ensuring that they comply with the requirements of the Charities Act and the Charities (Accounts and Reports) Regulations. It is the trustees’ responsibility to prepare an annual report containing the information required by those Regulations. My responsibility, in accordance with the General Directions issued by the Charity Commissioners under Section 43(7) of the Charities Act, is to state whether any matters have come to my attention during the course of my examination.

Scope of the examination My examination was carried out in accordance with the General Directions issued by the Charity Commissioners. An independent examination includes a review of the accounting records kept by the charity, a comparison of the accounts presented with those records and consideration of any unusual items or disclosures in the accounts. The procedures performed do not provide all the evidence that would be required in an audit and, consequently, an independent examination does not express an audit opinion on the financial statements.

Statement I have examined the accounts of Novo Jibon for the year ended 5 April 2025. The examination was carried out on the basis of the information and records provided by the charity's management ~~.~~ On the basis of the procedures | have perfor med, nothing has come to my attention that causes me to believe that the accounts do not give a true and fair view of the charity’s financial activities and position for the year then ended, or that the accounts have not been prepared in accordance with the Charities Act and the applicable regulations.

Matters to note

Independent examiner

Business First Consulting Accountant and Management Consultant

Signed Name: Mr Aziz Kzihi Date: 16/03/2026

Approved on behalf of the Board of Trustees Mr S Khan (Chairman)

Signed Name: Mr Shohiduzzaman Khan Date: 16/03/2026

Novo Jibon

Registered Charity Number: 1081528

Trustees

The following were Trustees during the year:

  1. Mr. Shohiduzzaman Khan (Chairman) 2. Mr Mohammad Tofazzal Hossain Mazi Treasurer 3. Mrs. Sohana Khan Secretary 4. Mrs. Fatma Bouziri Khan Trustee 5. Mrs. Rebah Amiri Trustee 6. Mr. Shaheedur Reza Haque Trustee

Address

Mr. Khan Shohiduzzaman, 51 Bramley Road, Ealing, London W5 4ST

Professional Advisers

Bankers : HSBC Bank, Lloyds TSB Bank

Constitution

The Charitable Trust was established by a Trust Deed dated 12 July 2000.

Objectives and Activities

to relieve

sickness, hardship and distress among needy people in Bangladesh and elsewhere. Our delivered programmes in the areas of orphan support, seasonal relief, water and sanitation, and religious distributions. The Trustees have considered the Charity

Achievements and Performance 2024-2025

In 202 ~~4~~ 2025, the Charity successfully distributed £456,398.96 in direct charitable aid. Our work remains primarily focused on vulnerable communities in Bangladesh.

and medical check-ups for Approx 720 Children. This ensures that poverty does not force these children out of education and into child labor.

Financial Review

Total income for the year was £676,031.86 (2024: £673,031.26).

Income consisted primarily of donations from supporters , together with Gift Aid claims on eligible UK donations.

The charity spent £456,398.96 directly on charitable programmes during the year.

Support and fundraising costs totalled £187,221.16 , covering staffing, operational costs,

The charity achieved a net movement in funds of £32,411.74 for the year.

Reserves Policy : Trustees aim to hold unrestricted reserves equivalent to ~~3~~ 6 months of core operating expenditure to ensure continuity of activities. Current unrestricted reserves are maintained in line with this policy.

Risk Management : Trustees regularly review operational, financial and reputational risks and maintain controls proport include donor continuity, overseas partner controls and safeguarding; mitigation measures include documented partner checks, segregation of duties and retention of supporting documentation.

Future Plans : The Trust plans to expand the Clean Water Initiative to reach an additional 2,000 beneficiaries and increase orphan sponsorship by 10% next year.

Item Unrestricted (£) Restricted (£) 2025 Total
(£)
2024 Total
(£)
Income from:
Donations 209,812.90 456,398.96 666,211.86 673,031.26
Gift Aid 9,820.00 - 9820.00 -
Total Income 219,632.90 456,398.96 676,031.86 673,031.26
Expenditure on:
Charitable Activities
(Donation given)
- 456,398.96 456,398.96 -
Gross Surplus 219632.90
Expenditure on
Support & Fundraising
Staff & Fundraisers Cost 97,162.00 - 97,162.00 103,308.00
Rent and Rates 15,600.00 - 15,600.00 7,800.00
Travelling &
Entertainment
21,408.01 - 21,408.01 18,295.34
Telephone & Office Exp 3,401.44 - 3,401.44 1,257.41
Printing and Stationery 634.55 - 634.55 5,142.87
Professional fees 300.00 - 300.00 1,900.00
Advertising - Marketing 46,285.03 - 46,285.03 40,271.47
Postage 463.66 - 463.66 176.27
Miscellaneous Expenses - - - 977.46
Card Machines Charges 1,820.67 - 1,820.67 2,992.47
Bank Charges 145.80 - 145.80 65.47
Total support and 187,221.16 - 187,221.16 182,187.10
Fundraising given
Total Expenditure 187,221.16 456,398.96 643,620.12 630,925.99
Net Movement 32,411.74 0.00 32,411.74 42,105.27

Balance Sheet as of 05 April 2025

NOTE 2025 2024 NOTE 2025 2024 NOTE 2025 2024 NOTE 2025 2024 NOTE 2025 2024 NOTE 2025 2024 NOTE 2025 2024
ASSETS
Fixed Assets Fixed Assets Fixed Assets170.08 212.60 170.08 212.60 170.08 212.60
Current Assets
Bank and Cash 86,455.41
54,481.07
54,481.07
Total Assets Total Assets Total Assets86,625.49 54,693.67 86,625.49 54,693.67 86,625.49 54,693.67 86,625.49 54,693.67
Current Liabilities
Creditors
(900) (650)
~~—~~
NET CURRENT ASSETS 85,725.49 54,043.67
NET ASSETS 85,725. 49 NET ASSETS 85,725. 49 NET ASSETS 85,725. 49 54,043.67
Equity
Funds / Surplus
Unrestricted Funds 85,725.49 Unrestricted Funds 85,725.49 Unrestricted Funds 85,725.49 Unrestricted Funds 85,725.49 Unrestricted Funds 85,725.49
54,043.67
Restricted Funds Restricted Funds Restricted Funds
TOTAL EQUITY 85,725.49 TOTAL EQUITY 85,725.49 TOTAL EQUITY 85,725.49 54,043.67

Notes to the Accounts Year ended 05 April 2025 (final, concise)

Accounting convention and basis of preparation

Income recognition Income from voluntary donations, including Gift Aid where applicable, is recognised when the charity is entitled to the funds, receipt is probable and the amount can be measured reliably. Total income for the year was £676,031.86 , which includes Gift Aid received of £9,820.00 .

Restricted funds Restricted income of £456,398.96 was received and fully applied to restricted charitable activities in the year (net restricted movement = £0). Restricted projects include Orphan Sponsorship, Ramadan & Winter Relief, Water & Sanitation and Religious Distributions.

Expenditure and fund movement Total expenditure was £643,620.12 , comprising: charitable activities £456,398.96 and support & fundraising costs £187,221.16 . This produced a net increase in funds of £32,411.74 . As percentages of total income: charitable activities 67.5% , support & fundraising 27.7% , and net movement 4.8% .

Fixed assets and depreciation Net book value at 5 April 2025: £170.08 (2024: £212.60). Depreciation is charged on a reducing-balance basis at 20% p.a.

Creditors and accruals Current liabilities of £900.00 comprise unpaid professional fees and other accrued expenses outstanding at the year end. Supporting invoices and the accrual schedule are retained.

Reserves policy Trustees aim to hold unrestricted reserves equivalent to ~~3 6~~ months of core operating expenditure. The trustees review reserves annually.

Trustee remuneration No trustee received remuneration, benefits or reimbursement of expenses during the year.

Independent examiner These accounts are unaudited. An independent examiner has reviewed the accounts in accordance with the General Directions given by the Charity Co