**BANGLADESHI PARENTS AND CARERS ASSOCIATION** (A Company Limited by Guarantee) **Trustees' Report and Financial Statements for the year ended 31 March 2022** Company Registration Number:03993557 Registered Charity Number: 1082770 **Rafique & Co** Chartered Certified Accountants 289 Bethnal Green Road London E2 6AH ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(A Company Limited by Guarantee)** ## **Finalcial Statements** **Year Ended 31 March 2022** |**Contents**|| |---|---| ||**Page**| |Charity Information|1| |Trustees' annual report|2 to 7| |Independent examinier's report|
8| |Statement of financial activities|
9| |Statement of financial position|10| |Statement of cash flows|11| |Notes to the financial statements|
12 to 19| ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(A Company Limited by Guarantee)** **Reference and Administrative Details of the Charity, its Trustees and Advisers For the Year Ended 31 March 2022** |**Trustees**|Mr Anwar Ali| |---|---| ||Mr Abdul Bari, Treasurer| ||Mr Tony Hardie, Acting Chairman| ||Mr Akkas Ullah Miah| ||Mrs Shaleha Khanam| |**Company Number**|03993557| |**Charity Number**|1082770| |**Registered office**|St. Margaret's House| ||21 Old Ford Road| ||London| ||E2 9PL| |**Company secretary**|Mrs Shaleha Khanam| |**Chief executive officer**|Mrs Shamimara Choudhury| |**Bank**|HSBC Bank Plc| ||465 Bethnal Green Road| ||London E2 9QW| ||E2 9QW| |**Independent Examiner**|Rafique & Co| ||Chartered Certified Accountants| ||289 Bethnal Green Road| ||London| ||E2 6AH| 1 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(COMPANY LIMITED BY GUARANTEE)** ## **Trustees’ Annual Report** ## **Year ended 31 March 2022** The Trustees present their annual report together with the unaudited financial statement of Bangladeshi Parents and Carers Association (hereafter “BPCA” or “the charity”) for the period 1 April 2021 to 31 March 2022. The Trustees confirm that the annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company’s governing document and provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015). ## **Structure, governance and management** ## **A. Constitution:** The organisation is a company limited by guarantee and a registered charity. Its constitution is logged with the Charity Commission. The Charity is constituted under **amended by special resolution on 11[th] September 2013** and is a registered charity number 1082770. ## **B. Method of Appointment or Election of Trustees:** The Trustees formed the Management Committee. The Management Committee may co-opt to serve on the Committee providing always that the number does not exceed one third of the total elected membership of the management Committee. At every Annual General Meeting, one third of those elected at the AGM shall retire from the office. The Management Committee seeks to ensure a good mix of skills from the business, social and voluntary sectors and has an ongoing policy of identifying suitable potential members. ## **C. Policies Adopted for the Induction and Training of Trustees:** BPCA has a comprehensive Trustees Induction Handbook that includes a Trustees Induction Programme that covers all aspects of responsibilities, policy and procedures. ## **D. Pay Policy for senior staff:** The pay of the senior management staff is reviewed annually and increased in accordance with market rates. ## **E. Organisation Structure and Decision Making:** The Management Committee has overall responsibility for the strategic direction, policy and human and financial resources of the organisation. Day-to-day operational management of the charity is delegated by the Management Committee to the CEO, who is responsible for ensuring that the Charity delivers the services specified through its team of staff. 2 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(COMPANY LIMITED BY GUARANTEE)** ## **Trustees’ Annual Report** ## **Year ended 31 March 2022** ## **F. Related Party relationships:** Funders and Partners who supported the organisation throughout the whole year are: ## **Partners:** ## **Funders:** St. Margaret's House Tower Hamlets Community Transport London Borough of Newham ABC Bookkeeping and Accountancy Ltd ASK London College Ellis Whittam KEW Garden Valance Community Sports Association Ltd AFME Group – donation NCS Tower Project Vikings/ GLS CityTel Telecommunication Limited Husna Pervin – Art Therapist Paul Fisher – Consultant Spare Tyer Gyama Arts Chocolate films National Lottery Miles Fraser Circus Daniel Rose - Juggler Circus Ability Cycling Priyanka Chauhan – Dance Step Change Studios London Borough of Tower Hamlets Tower London Borough of Newham London Borough of Hackney London Mayors Community Risk Fund Lottery Community Fund London Community Response Fund ## **G. Risk Management:** The Board of Trustees has reviewed the major risks to which the Charity is exposed and a further review will be undertaken. Procedures are in place or being established as appropriate to mitigate identified risks. Internal control risks are minimises by the implementation of procedures for authorisation of all transactions and services. Procedures are in place and under review to ensure the health and safety of staff, volunteers, service users and visitors in the office and in relation to data protection and confidentiality. We have a comprehensive health and safety policy that is reviewed and action took regularly. Ellis Whittam provides employment law, HR and health & safety service to BPCA. 3 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(COMPANY LIMITED BY GUARANTEE)** **Trustees’ Annual Report** **Year ended 31 March 2022** ## **Objectives and activities** Bangladeshi Parents and Carers Association was formed in 1998 and is a special voluntary organisation working with people with multiple disabilities. A Humble beginning with Bangladeshi families led project working in the London Borough of Tower Hamlets, which now provides day care facilities for dependency user. Today BPCA has become one of the largest day care centre in the voluntary sector in Tower Hamlets, with second day care centre opened (2013) in Newham. Our social care activities continue to make BPCA a vibrant, meaningful and fun-filled day centre where our service users have shown great progression in their personal development. The comments from users illustrate positive outcomes that our work produces and there can be no greater reward for our staff and partners than knowing that we are helping to improve people’s lives. Activities such as green fingers – Horticulture has helped users to learn more about plants growing process from seeds. The objects of the Charity is the provision of day care centre or centres for the relief of people with disabilities over the age of 18 living in London. Particularly, not limited to any ethnicity or background, by the provision of day care, homecare and/or outreach in the community, and by the provision of advice and assistance to their parents and carers. ## **Aim:** BPCA aim to provide culturally appropriate day care service for people with Learning, Physical and Sensory disabilities along with a variety of educational, social and leisure activities. ## **Strategic report** The following sections for achievements and performance and financial review form the strategic report of the charity. ## **Project Update and Plan for Future:** The charity is on a spot purchase arrangement with Tower Hamlets, Newham and Hackney council. Some services are paid directly by the local authority and others are paid through direct payment and personal budgets, which are managed either by their main carer or by brokerage. These changes have an effect on the BPCA income, as BPCA is not get paid if service users do not attend the service. ## **Project Update:** BPCA has two day care centre, one in Tower Hamlets Day centre called **Opal Support Hub** , and the second one in Newham called **Sapphire Support Hub. Sapphire Support Hub** is now based at a purpose built premises for adults with multiple disabilities in Newham. The charity survived through a tough time during and after COVID. During lockdown, we delivered activities virtually and outreach in the community to support users from isolation, loneliness and 4 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(COMPANY LIMITED BY GUARANTEE)** ## **Trustees’ Annual Report** ## **Year ended 31 March 2022** respite for the families. BPCA was extremely lucky to receive massive donation from of donation of 50 laptops and iPads from “Bute House Preparatory School for Girls, which enabled us to continue the activities virtually with our users during lockdown. IPad, laptops and activities props were dropped off at services users home and where needed internet connections we were able to purchase 4G Modems thanks to funding so users who did not have any internet at home were able to participate and overcome digital exclusion. Users participated Drama and Circus sessions with Ghyama Arts and Spare Tyres and did performances, which helped them overcome social barriers and built their self-confidence. Service users now do not hesitate and feel very confident in public. Staff and service users learnt new ways of working, participating and connecting with the wider community. LBTH shared videos of BPCA service users participating virtually in drama and circus with Ghyama Arts and posted in their internal Newsletter highlighting BPCA as good and innovative practice for day centre during lockdown. Port Cabin was refurbished and turned into COVID testing centre for staff when we reopened after lockdown. ## **Future Plan:** BPCA is increasing members through promotion and working in partnership with local organisations, educators and other charities. BPCA will also seek other sources of funding for the projects, which will strengthen the organisation to fulfil its purpose. ## **Partnership and collaboration** BPCA and SMH in partnership secure funding for Ghyama Arts Project (partnership) from City Bridge funding £100,000 over 3 years. As 3 years is coming to end, we are now seeking further funding to continue the project. ## **Future plans securing further funding** We are able to and will apply for 2 years continuation funding from City Bridge to start in Sept 23. We have already been prepping for this, have been talking to City Bridge and we will submit this in January. There is a strong chance we will be successful. ## **Financial review** ## **A. Going Concern:** After making appropriate enquiries, the trustee have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they 5 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(COMPANY LIMITED BY GUARANTEE)** ## **Trustees’ Annual Report** ## **Year ended 31 March 2022** continue to adopt the going concern basis in preparing the financial statement. Further details regarding the adoption of the going concern basis can be found in the accounting policy. ## **B. Reserves policy:** The board of Trustees has examined the charity's reserves in the light of the main risk of the Charity. It has established a policy whereby unrestricted fund not committed or invested in fixed assets held by the Charity should be at least three months of expenditure (estimates at 170,000). This acknowledge the financial risk and contractual obligation associated with the employment of staff and contractual requirements relating to premises and equipment. ## **C. Financial Summary:** BPCA's income mainly has come from three neighbouring borough, Tower Hamlets, Newham and Hackney. We wish to express our gratitude to those who have given us their support and hope that this will continue and grow in the coming years. As is the case for most voluntary sector organisations, our Charity seeks funding in the context of limited resources being available locally and nationally, with most funding being time-limited and frequently not guaranteed from year to year. ## **Trustees' responsibilities statement** The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material - departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume - that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the 6 BANGLADESHI PARENTS AND CARERS ASSOCIATION (COMPANY LIMITED BY GUARANTEEI Trust&￿. Annual Rèport Year ended 31 March 2022 Companies Act 2006. They are also responsible for safeguarding the assets of Ihe charity and hence lor taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to Independent Examiner Auditor Each of the persons who is a trustee at the date of approval of this report confirms that.. So far as they are aware, there is no relevant information of which the charity's independent examiner is unaware., and They have taken all steps that they ought lo have taken as a trustee to make themselves aware of any relevant information and to establish that the charity's independent examiner is aware of that infomiation. The trustees, annual report and the strategic report were approved on 30 November 2022 and signed on behalf of the board of trustees by.. MrTony Hardie Acting Chairman Mr Abdul Bari Treasurer BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company limlted by Guarantee) Forthe year ended 31 March 2022 Independent examinerfs report report to the Members of Bangladeshi Parents and Carers Association (the 'charity) I report to the charity Trustees on my exarninalion of the accounts of the charity for the year ended 31 March 2022. This report Is made sol8￿ to the charitys Trustees. as a body. in accordance with Part 4 of the Char￿8$ IAc¢ounts and Roportsl Regulation 2008. My work has begn undertaken so that I might stale to the charitys Trustees those matters l am reqiure to stale to them in an independent examinevs repK)rt and for no other urpose. To the fullest exlenl permilled by law, I do not accept or assume reswnsibility lo anyone other than the charity and the charitys Tnjstees as a body. for my worff or for this report. Responsibilitios and basis ot report As the Trustees of the charity {and its dire¢tor for the purpose of company lawl you are responsible for the preparation of the accounts in accordance with the reqU1￿ments of the Companies Act 2006 Imhe 2006 Acl'l. H8ving satisfied rnys&W that the accounts of the charity are not required lo be audited under Part 16 of th8 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitys accounts carried out under section 145 of the Charities Act 2011 {*he 2011 Act,). In Carrying out my examination I have followed the direction given by the Charity Commission under sertion 14515lb of the 2011 Act. Independent examiner's slaiement I have completed my examinab'on. I can confirm that no matters have come lo my allenlion in connection with the exammination giving me cause lo believe.. 1. a￿UntIng records were not kept in resp8¢t of the ¢harity as required by section 386 of the 2006 Act- or 2. the accA)unts do not accord with those records.. or 3. the accounts do not comply with the accounting requirements of the section 396 of the 2006 Act other than any requiremenl that the accounts give 'lrue and fairf view which is not a matter considered as part of an independent examination.. or 4. the accounts have not been prepared in accordance wth the meth￿S and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republi¢ of Ireland IFRS 1021. I have no ¢on¢erns and have come a¢ross no other matters in connection wlh the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Signed.. Dale.. 30 November 2022 Mohammad Rafiqul Islam, FCCA Rafique & Co Chartered Certrfied Accountants 289 Bethnal Green Road London E2 6AH ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited By Guarantee) Statement of Financial Activities incorporating Income and Expenditure Account For the Year Ended 31 March 2022** |**Notes**
**INCOME FROM:**
Charitable Activities Income
2
Investment Income
3
Other Income
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable activities
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE) BEFORE OTHER**
**RECOGNISE GAIN AND LOSSES**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
739,561
1
14,415
753,977
681,248
681,248
72,729
72,729
776,465
849,194|**Total**
**Funds**
**2022**
**£**
739,561
1
14,415
753,977
681,248
681,248
72,729
72,729
776,465
849,194|**Total**
**funds**
**2121**
**£**
792,393
3
32,757
825,153
590,866
590,866
234,287
234,287
542,178
776,465| |---|---|---|---| The notes on pages 12 to 19 form part of these accounts. 9 BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Statement of Financial Position as at 31 March 2022 Notes 2022 2021 FIXED ASSETS Tangiblg assets 104.076 126,098 104,076 126,098 CURRENT ASSETS Debtors Cash at bank and in hand 10 13,352 749,330 151,178 579,642 762,682 730,820 CREDITORS: amounts falllng due withln one year 17,5641 80.453 NET CURRENT ASSETS 745,118 650,367 ASSETS 849,194 776,465 CHARITY FUNDS Unrestri¢ted Funds 12 849,194 776,465 TOTAL FUND 849,194 776,465 Approved by the Board of Trustees on 30 November 2022 and sign8d on its behalf by. MrTony Hardie Actlng Chalrnian 14qr Abdul Bart ITrga$urgrl The notes on pages 12 10 19 form part of these accounls. 10 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATIONS** **( A Company Limited by Guarantee) Statement of Cash Flows for the Year Ended 31 March 2022** |**Note**
**Cash flows from operation activities**
Net cash (used in)/provided by operating activities
14
**Cash flow from investing activities**
Purchase of tangible fixed assets
**Net cash after investing activities**
**Change in cash and cash equivalents in the year**
Cash and cash equivalent brought forward
**Cash and cash equivalent carried forward**
15|**2022**
**£**
174,597
(4,908)
**169,689**
**169,689**
504,368
**674,057**|**2021**
**£**
261,193
(3,409)
**257,784**
**257,784**
246,584
**504,368**| |---|---|---| 11 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Notes to the Financial Statements** ## **For the year ended 31 March 2022** ## **1 . ACCOUNTING POLICIES** ## **1.1** _**Basis of preparation of financial statements**_ The financial statements have been prepared in accordance with Accounting and Reporting by Charities:Statement of Recommended Practice appicicable to chaities 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) and the Companies Act 2006. Bangladeshi Parents and Carers Association meets the defination 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. The Charity prepares its financial statements in sterling, the functional currency of the Charity, and amounts are rounded to the nearest £. ## **1.2** _**Company status**_ The Charity is a company limited by guarantee.The members of the company are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. ## **1.3** _**Income**_ All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and amount of income receivable can be measures reliably. Donated service or facilities are recognised when the Charity has control over the item, any condition associated with the donated item have been met, the receipts of economic benefit from the use of the Charity of the item is probable and that economic benefit can be measured reliably. On receipts, donated professional services and donated facilities are recognised on the basis of the value of the gift to the Charity which is the amount the Charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the market; a corresponding amount is then recognised in expenditue in the period of receipts. ## **1.4** _**Expenditure**_ Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directed to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include costs of overall management of the Charity. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements. 12 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Notes to the Financial Statements** ## **For the year ended 31 March 2022** ## **1 . ACCOUNTING POLICIES ( continued )** Costs of generating funds are costs incurred in attacting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs incurred on the Charity's educational operations, including support costs and cost relating to the goverance of the Charity's apportioned to the charitable activities. ## **1.5 Tangible fixed assets and depreciation** All assets costing more than £100 are capitalised. A review for the impairment of a fixed assets is carried out if events or changes in circumstances indicate that the carrying value of any fixed assets may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impirments. Impairment losses are recognised in the Statement of Financial Activities incorporating Income and Expenditure Account. Tangible fixed assets are carried at cost,net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected lives on the following bases: Short-term leasehold property 5% straight line Motor vehicles 20% straight line Fixture and fittings 20% straight line ## **1.6 Interest receivable** Interest on funds held on deposit account is included when receivables and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the bank. ## **1.7 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discount due. ## **1.8 Cash at bank and in hand** Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisation or opening of the deposit or similar account. ## **1.9 Financial Instruments** The Charity only 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 13 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2022** ## **1 . ACCOUNTING POLICIES ( continued )** ## **1.10 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event,it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount if has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimates of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similiar charges. ## **1.11 Pensions** The charity operates a defined pension scheme and the pension charge represents the amounts payable by the Charity to the funds in respect of the year. ## **1.12 Fund accounting** General funds are unrestricted funds are available for the use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. ## **2 . INCOME FROM CHARITABLE ACTIVITIES** |Day centre - fees
**3 .**
**Investment Income**
Bank interest|**Unrestricted**
**funds**
**2022**
**£**
739,561
**739,561**
**Unrestricted**
**funds**
**2022**
1
1|**Total**
**funds**
**2022**
**£**
739,561
**739,561**
**Total**
**funds**
**2022**
**£**
1
1|**Total**
**funds**
**2021**
**£**
792,393
**792,393**
**Total**
**funds**
**2021**
**£**
3
3| |---|---|---|---| 14 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(A Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2022** ## **4 . DIRECT COST** |Staff teaining and development
Rent
Cleaning
Event cost
Day care lunch
Travel and transport
Repair and maintenance
Telephone, fax and internet
Printing,postage and office supplies
Equipment hire
Sundry expense
Wages and salaries
National insurance
Pension cost
Depreciation
Loss on sale of fixed asset
Bad debt written off|**Day centre**
**2022**
**£**
895
127,351
3,157
5,274
-
58,685
18,881
2,694
11,890
2,131
10
240,558
9,852
1,767
23,152
3,778
32,153
**542,228**|**Total**
**2022**
**£**
895
127,351
3,157
5,274
-
58,685
18,881
2,694
11,890
2,131
10
240,558
9,852
1,767
23,152
3,778
32,153
**542,228**|**Total**
**2021**
**£**
38,022
1,221
330
620
18,315
1,178
2,186
5,950
-
61
281,950
6,083
2,079
22,950
-
-
**380,945**| |---|---|---|---| ## **5 . SUPPORT COSTS** |Telephone, fax and Internet
Printing, postage and office supplies
Insurance
Payroll services and bookkeeping
Accountancy fee
Legal and professional fees
Bank Charges
Independent Examination fees
Wages and salaries
National insurance
**Total Charitable Expenditure**|**Governance**
**£**
-
-
-
-
1,200
10,265
-
2,000
11,120
-
**24,585**
**24,585**|**Day centre**
**£**
674
2,973
3,964
10,400
-
-
666
-
85,906
9,852
**114,435**
**656,663**|**Total**
**2022**
**£**
674
2,973
3,964
10,400
1,200
10,265
666
2,000
97,026
9,852
**139,020**
**681,248**|**Total**
**2021**
**£**
546
1,488
1,057
9,600
1,200
6,686
618
1,800
170,093
16,833
**209,921**
**590,866**| |---|---|---|---|---| 15 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2022** ## **6 . NET INCOME/(EXPENDITURE)** This is stated after charging: |Depreciation of tangible fixed assets
- owned by the charity
- loss on sale of fixed asset|**2022**
**£**
23,152
3,778
**26,930**|**2021**
**£**
22,950
-
**22,950**| |---|---|---| During the year, no Trustees received any remuneration (2021-£NIL) During the year, no Trustees received any benefits in kind (2021-£NIL) During the year, no Trustees received any reimbursement of expenses (2021-£NIL) ## **7 . INDEPENDENT EXAMINERS' FEE** The Independent Examiniers' fees amount to £3,200 (2021- £3,000), and other services to the value of -NIL (2021- NIL). ## **8 . STAFF COSTS** Staff costs were as follows: |Wages and salaries
Social security costs
Other pension costs|**2022**
**£**
337,584
19,703
1,767
**359,054**|**2021**
**£**
452,043
22,916
2,079
**477,038**| |---|---|---| The average number of persons employed by the Charity during the year was as follows: |Administration
Direct|**2022**
**No.**
5
30
**35**|**2021**
**No.**
5
44
**49**| |---|---|---| No employee received remunaration amounting to more than £60,000 in the year. Total remuneration and benefits (including employer's NIC contributions ) paid in respect of key management during the year total £189,421 (2021 £191,517).Due to reduction of direct staff 50% of the hours worked by the key management were directly attributable to charitable activities. 16 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(A Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31 March 2022** |**9 .**
**Tangible fixed assets**
**Short-term**
**Leasehold**
**Property**
**£**
**Cost**
At 1st April 2021
288,023
Addition
Disposals
288,023
**Depreciation**
At 1st April 2021
175,520
Charge for the Period
14,400
Disposals
As at 31March 2022
189,920
**Net book value**
At 31 March 2022
**98,103**
At 31 March 2021
112,503
**10 .**
**DEBTORS**
Trade Debtors
**11 .**
**CREDITORS: Amounts falling due within one year**
Trade creditors
Other taxes and social security costs
Other creditors
Accruals and deferred income
**12 .**
**STATEMENT OF FUNDS**
Prepayments and accrued income|**Motor**
**Vehicles**
**£**
56,591
(21,150)
35,441
45,724
7,088
(17,372)
35,440
**1**
10,867|**Fixture and**
**fittings**
**£**
45,969
4,908
50,877
43,241
1,664
44,905
**5,972**
2,728
**2022**
**£**
11,871
1,481
**13,352**
**2022**
**£**
6,562
7,096
706
3,200
**17,564**|**Total**
**£**
390,583
4,908
(21,150)
374,341
264,485
23,152
(17,372)
270,265
**104,076**
126,098
**2021**
**£**
146,444
4,734
**151,178**
**2021**
**£**
19,350
21,003
21,273
18,826
**80,452**| |---|---|---|---| **STATEMENT OF FUNDS - CURRENT YEAR** |**Unrestricted funds**
**General Funds**|**Balance at**
**01 April 2021**
**£**
**776,465**|**Income**
**Expenditure**
**£**
**£**
**753,977**
**(681,248)**|**Balance at**
**31 March 2022**
**£**
**849,194**| |---|---|---|---| 17 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION (A Company Limited by Guarantee) Notes to the Financial Statements** ## **For the year ended 31 March 2022** ## **12 . STATEMENT OF FUNDS ( continued)** ## **STATEMENT OF FUNDS - PRIOR YEAR** |**Balance at**
**01 April 2020**
**Income**
**Expenditure**
**£**
**£**
**£**
General funds
542,178
825,153
(590,866)
**Total funds**
**542,178**
**825,153**
**590,866**
**13 .**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR**
**Unrestricted**
**funds**
**2022**
**£**
Tangible fixed assets
104,076
Current assets
762,682
Creditors due within one year
(17,564)
**849,194**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR**
**Unrestricted**
**funds**
**2021**
**£**
Tangible fixed assets
126,098
Current assets
730,820
Creditors due within one year
(80,453)
**776,465**
**14 .**
**RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM**
**OPERATING ACTIVITIES**
**2,022**
**£**
Net of expenditure for the year (as per Statement of Financial Activities)
72,729
**Adjustment for:**
Depreciation charges and loss on disposal
26,930
(Increase)/decrease in debtors
137,826
(Increase)/decrease in creditors
(62,888)
Net cash (used in)/provided by operating activities
174,597|**Balance at**
**31 March 2021**
**£**
776,465
**776,465**
**Total**
**funds**
**2022**
**£**
104,076
762,682
(17,564)
**849,194**
**Total**
**funds**
**2021**
**£**
126,098
730,820
(80,453)
**776,465**
**2021**
**£**
234,287
22,950
40,071
(36,115)
261,193| |---|---| 18 ## **BANGLADESHI PARENTS AND CARERS ASSOCIATION** ## **(A Company Limited by Guarantee) Notes to the Financial Statements** ## **For the year ended 31 March 2022** ## **15 . ANALYSIS OF CASH AND CASH EQUIVALENTS** |Cash and cash equivalent|**2,022**
**£**
674,057
**674,057**|**2,021**
**£**
504,368
**504,368**| |---|---|---| ## **16 . PENSION COMMITMENTS** The Charity operates a defined pension scheme.The assets of the scheme are held separetely from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund amounted to £1,767 ( 2021 - £2,079 ).Contributions totalling £34 ( 2021 - £933 ) were payable to the fund at the balance sheet date and are included in creditors. ## **17 . RELATED PARTY TRANSACTIONS** Other than elsewhere disclosed in these financial statements, there were no transactions with related parties in either the current or prior year that require disclosure. ## **18 . BAD DEBT** For the year ended 31 March 2022 an amount of £32,153 is written off as bad debt.The amount has not been recovered and mamagement decided to write of it as bad debt. ## **19 . POST BALANCE SHEET EVENTS** There are no evidence of significant post balance sheet event or material uncertainly which may require disclosure in the financial statements. 19