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2023-03-31-accounts

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE (A company limited by guarantee)

REPORT AND GROUP FINANCIAL STATEMENTS

For the year ended 31 March 2023

Charity number 1085598 Company number 03900232

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 March 2023 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Objectives and Activities

The objects of the Centre are;

To promote the. benefit of the community in the City of Sunderland, primarily the Black, Minority and Ethnic Community, and especially those who are suffering from the effects of unemployment and other forms of social deprivation, through the provision and promotion of multi-cultural activities and facilities which will provide opportunities for the members of the said community to take control of their own lives, which will aid personal development and which will make the experience of unemployment more positive;

To promote and provide facilities in the interest of social welfare in the fields of recreation; leisure, education, self-help and otherwise;

To advance economic regeneration, job creation and job retention in the area through the promotion of co- operatives, community enterprise and other forms ·of small business and in particular, but not exclusively, those which will provide locally needed services and those which involve members of the community who are unemployed or suffering from the effects of social deprivation.

Achievements and Performance

Enterprise For All – ERDF- Community Led Local Development - Sunderland City Council

Enterprise for All project was a three-year funded project from 2020 to March 2023 to enable young and older black and minority ethnic backgrounds, Refugee & Asylum Seekers to work alongside ethnic minorities, lived-experienced community enterprise advisors who will have business empathy, understanding, credibility and knowledge. SBIC provided an accessible service, led by the user which accommodated all stages of enterprise development and record all key learning outcomes, including the user’s experiences in approach and accessibility as well as success factors and barriers.

Topic areas are as follow:

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SUNDERLAND BANGLADESH INTERNATIONAL CENTRE (A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

The project supported 55 individuals from the local black, minority, and ethnic community to receive advice and support in developing their skills in entrepreneurship and help them to develop their business ideas.

Shared Sunderland – Paul Hamlyn Foundation

This is a collaborative project set up by Sunderland Bangladesh International Centre, New Horizon and ICOS with ICOS as the project lead. The Project supports Black and minority ethnic backgrounds in Sunderland to have better access to advice, including immigration advice and thus enjoy more stable lives; promote race equality on a strategic level in the city through acting as a “critical friend” to the public sector (including the council and the NHS); foster ethnic community leadership and participation through encouraging and supporting ethnic community leaders (including supporting them to become trustees, councillors, and key volunteers). Working with black minority and ethnic people to give them a platform to aspire to become leaders in their localities and in their city. Creating opportunities and building capacity and confidence and skills for young people to go forward, contest and be free to express their views in constructive forums. To date the project has helped over 180 individuals seek advice and support on various matters.

We are Together – The National Better Mental Health Fund – SCCG

The purpose of this project was to actively raise awareness of mental health issues and use a variety of methods, techniques, and tools to improve mental health and well-being in the BAME community, primarily targeting Bangladeshi and African communities in the east area. It was aimed at those whose mental health has suffered because of the COVID pandemic and caused many factors including loss of employment, bereavement, home schooling and isolation from support networks. Mental health is seldom spoken about within all BAME communities due to stigma and lack of understanding; therefore, symptoms are overlooked and isn't something recognised to be treated or improved. The key to this project is the partnership working between local mental health service providers and the East Sunderland communities and its leaders. The project was delivered in collaboration with the little Company of Calm, New Horizon, and Sunderland Mind.

The project had a total of 400 Beneficiaries who participated and engaged in the project through various workshops and events, through outreach sessions at the Centre, it was able to recruit 16 Wellbeing Champions: 2 Kurdish, 1 Iranian, 4 African and 9 Bangladeshi.

BAME Learning Disability Project – SCCG

A project funded by the NHS Sunderland CCG to SBIC to provide support to NHS Sunderland CCG in raising awareness and understanding linked to learning disabilities within the Black and Minority Ethnic Community (BAME), that will include:

2

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

learning disabilities within the BAME community

Macmillan BAME Cancer Project – Macmillan Cancer Support

In 2021 the centre carried out a scoping research project funded by Macmillan Cancer Support Grant. To develop a programme of work to support early diagnosis and prevention of cancer within the BAME community, along with a BAME focussed approach to personalised care (working in partnership with colleagues from secondary and primary care). This work involved understanding the current levels of support and appropriate information available to the community. Identifying any gaps and potential interventions to support cancer patients and their families, as well as developing ways to promote key cancer related messages to the wider community. The findings from this research project helped SBIC to secure project funding from Macmillan Cancer to deliver a community project within the centre for 24 months.

The project will seek to understand the landscape and barriers for people from BAME communities within Sunderland so that plans can be developed to ensure equity of care is in place for all such as i addressing barriers around support to aid screening uptake, presentation at primary care to aid earlier diagnosis, supportive care through cancer pathways and ongoing physical , emotional and psychosocial support needs to be tailored to the individuals to be a true representation of personalised care.

The project will work with partners inclusive of the Northern Cancer Alliance, Macmillan Cancer Support, Cancer Research UK, and South Tyneside and Sunderland NHS Foundation Trust and be led by an experienced project manager within the Sunderland Bangladeshi Centre to develop and subsequently test a model of delivery using asset based community development, with support workers from the community to educate around symptoms, support through navigation, advocate for people living with cancer and educate the workforce, to be culturally competent and confident.

The project will be split into 3 phases, each phase addressing different stages of the cancer experience:

Phase 1: early diagnosis and prevention of cancers

Phase 2: cancer treatment and care

phase 3: living with cancer and beyond including end of life and palliative care

Go Online Digi Project – Back on the Map

Delivering a project to promote digital inclusion by delivering centre bases one to one and small group digital workshops that are flexible in time duration reflecting needs and designed to get people online, such as social media for beginners, easy EBAY, web browsing tips,

3

(A company limited by guarantee)

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

emails etc. The project has supported over 80 individuals to access digital support.

HAF summer programme – Together for Children, Sunderland City Council

Working with Together for children for the past two years to deliver the holiday and food programme during school holidays. SBIC along with our partner New Horizon delivered the summer holidays kids HAF programme aimed at 5- to 16-year-old providing fun filled activities during the holidays for children to participate. On average on our programme, we had 40 plus children turn up to take part in our various weekly activities from Monday to Thursday 10am to 2pm.

Capital Build Project – Youth Investment Fund

After many years of endeavour and hard work SBIC has been successful to secure funding to expand and refurbish the facilities to meet our growing user and community needs to provide a facility with more accessible training rooms to incorporate young people’s services and opportunities. In the coming year SBIC will be working with its users, local communities, partners and young people to put in place a strategy to incorporate the new vision for the organisation in making it a successful vibrant community organisation which meets the needs of all users’ groups and communities.

Information Advice and Guidance (IAG)

SBIC bi-lingual IAG and counselling is provided through a team of qualified counsellors of African and Asian origin, who understand the unique cultural issues that young people, woman, and families are faced with in City of Sunderland. We provide free and culturally specific service with a safe, confidential, and non-judgmental space. Total individual Users within the IAG was 1410.

Informal Education & Training

As indicated within our business plan and Social Impact Reports Black and minority ethnic young people and adults’ users of SBIC want more cultural appropriate education and training opportunities (according to our 2020-21 social impact report there was 224 Ethnic minority learners). To this end the Board listened to their users and agreed that SBIC to become an accredited NCFE centre, which we have achieved in December 2022.

SBIC continues to provide a range of informal and formal education and training opportunities to the local community such as ESOL classes, Childcare, Early Years, Health and Social care and other functional skills qualifications.

Health and well-being

This is one of the core areas of work for SBIC Health and wellbeing, which is very broad but do have specific gender-based work such as young people’s health agenda looking at mental health. Along with wider health remits looking at men’s health, women’s health such as menopause and the wider health inequalities within Black and minority ethnic backgrounds and how we can create a stronger voice for Black and minority ethnic users to address health inequalities and be involved in service design and delivery so that it meets their needs and services are fit for purpose thus reducing the health inequalities in services. Throughout the

4

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

year SBIC has continued to work with health partners to deliver awareness raising education programmes to the local communities. Such as women only well-being sessions, Menopause project in partnership with Age UK Sunderland, Mens health and welbeing sessions. BAME older persons support project around dementia and care.

Other projects and activities

Along with the above specific funded projects SBIC continues to deliver a range of activities and programmes within its core work areas which are the following:

  1. Education and Training

  2. Health and Wellbeing

  3. Community Development

  4. Employment and Enterprise

  5. Refugee and Asylum Seeker support

  6. Volunteering opportunities

The day-to-day activities for the above areas have only been possible with the funding and support from the various charitable trusts, funders and partners who have and in certain cases supported and funded the organisation for a few years helping it to continue to be a community hub which is at the heart of the community and the city. Funders such as.

The Ballinger Charitable Trust

Mercers Charitable Trust

Virgin Money Foundation Greggs Foundation

Garfield Weston Foundation

Community Foundation Tyne and Wear

The National Lottery - Awards For All

Social Investment Business – The Reach Fund

Social Enterprise Support Fund

Sunderland Black and Minority Ethnic Network

Sunderland City Council Together For Children

Back on the Map

Sunderland Clinical Commissioning Group

Macmillan Cancer Support

PUBLIC BENEFIT STATEMENT

The trustees have had regard to the Charity Commission's guidance on their legal duty on public benefit, and are satisfied that the Charity delivers public benefit, and due regard is paid to the guidance on public benefit when deciding on what new projects the charity

5

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

should undertake.

Reserves Policy and Going Concern

The trustees have a policy of holding 3-6 months running costs in free reserves (unrestricted funds not invested in tangible fixed assets). This reserves fund on 31 March 2023 was £122,045 (2022: £125,505) which is consistent with this policy. These reserves are held to cover short term gaps and shortfalls in funding and provide working capital.

The financial statements have been prepared on a going concern basis. The trustees have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. With the current resources available, the trustees have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Reference and Administrative Details of the Charity, its Trustees and Advisors

Charity Name Sunderland Bangladesh International Centre

Registered Charity Number 1085598 Company Number 03900232

Registered Office and 30 Tatham Street, Hendon, Sunderland, operational address Tyne & Wear SRI 2QD

Trustees

Syed Musaddique Ahmed Md Shahen Ahmed Motlib Miah Syed Shoyjhad Miah Syed Muazzel Ali Syed Abu Musa Syed Sajnu Miah Syed Akhlaque Miah Syed Murshed Miah Molik Shohid Ahmed Syed Foyzul Islam Syed Abu Musa Ahsan Md Suhel Miah Sabina Rokib Syeda Chompa Begum Utara Ghosh Syeda Shilpe Chowdhury Shahida Parveen Ruksana Miah Bushra Rahman

Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022 Appointed 12 June 2022

6

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

Syed K Miah Resigned 12 June 2022 Syed H Islam Resigned 12 June 2022 Abdul Ali Resigned 12 June 2022 Syed Shohirul Bari Resigned 12 June 2022 Syed Ataur Rahman Resigned 12 June 2022 Md Abdur Rofil Resigned 12 June 2022 Syed Kobir Uddin Resigned 12 June 2022 Mirza A. T Raihan Resigned 12 June 2022 Syed R Hussen Resigned 12 June 2022 Salique Miah Resigned 12 June 2022 Syed M Ahmed Resigned 12 June 2022 Delta Mokoko Resigned 12 June 2022 Syeda K Begum Resigned 12 June 2022 Johura Begum Resigned 12 June 2022 Chief Executive Abu Shama Independent Jim Dodds FCIE Examiner 33 The Glebe Morpeth Northumberland NE61 6HW Bankers Royal Bank of Scotland Drummond House 1 Redheughs Avenue Edinburgh EH12 9JN

Structure, Governance and Management

Governing Document

The Centre is constituted as a charitable company under its memorandum and articles of association as incorporated on 23 December 1999.

Appointment of Trustees

The management committee that is elected biennially by the members at the Annual General Meeting runs the activities of the Centre. Election to the management committee is open to any member over the age of eighteen who is not an employee of the Centre and has been a member at least three months prior to the meeting. In the event of a casual vacancy, the management committee may co-opt any person to serve on the committee provided they become a member and that there are not more than twenty committee members. The management committee may also co-opt female members of the Centre to ensure that at least one third of the committee is female or to ensure that the minimum number of five committee members are in place.

7

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE

(A company limited by guarantee)

TRUSTEES ANNUAL REPORT

For the year ended 31 March 2023

Statement of Trustees' Responsibilities

The trustees (who are also the directors of PROPS North East for company law) are responsible for preparing the Trustees Annual 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 trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Board on 13/11/23 and signed on their behalf by:

Syed Musaddique Ahmed

………………………………………………….

(Chair of Trustees)

8

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 March 2023

I report on the financial statements of Sunderland Bangladesh International Centre Limited for the year ended 31 March 2023, which are set out on pages 10 to 21.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow of the Association of Charity Independent Examiners.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

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

Jim Dodds FCIE

33 The Glebe Morpeth NE61 6HW

Date: 04/12/23

9

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 March 2023

6
Other trading activities
7
Expenditure on:
8
21
Operation of the charity
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement of funds
Charitable activities
Total income
Income from:
Charitable activities
Grants and contracts
Notes
Total funds carried forward
Reconciliation of funds
Total funds brought forward		 Unrestricted
Funds
£
110,576
36,699
147,275
134,540
134,540
12,735
10,092
22,827
624,005
646,832		 Restricted
Funds
£
339,865
-
339,865
188,726
188,726
151,139
( 10,092 )
141,047
-
141,047		 Total
2023
£
450,441
36,699
487,140
323,266
323,266
163,874
-
163,874
624,005
787,879		 Total
2022
£
237,607
18,235
255,842
289,582
289,582
( 33,740 )
-
( 33,740 )
657,745
624,005

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 12 to 21 form an integral part of these accounts.

10

Charity Number 1085598 Company Number 03900232

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

BALANCE SHEET

As at 31 March 2023

Fixed assets
Tangible assets
15
Total fixed assets
Current assets
Debtors
16
Cash at bank and in hand
17
Total current assets
Creditors:amounts falling due within
one year
18
Net current assets
Total assets less current liabilities
Total net assets or liabilities
Funds of the charity
Unrestricted income funds
Restricted income funds
Total funds
Notes		 £
39,761
225,699
265,460
( 2,368 )		 Total
2023
£
524,787
524,787
263,092
787,879
787,879
646,832
141,047
787,879		 £
40,276
148,685
188,961
( 63,457 )		 Total
2022
£
498,501
498,501
125,504
624,005
624,005
624,005
-
624,005

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 12 to 21 form an integral part of these accounts.

These financial statements were approved by the Board on: 13/11/23

and are signed on its behalf by:

Motlib Miah Treasurer

11

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

1 Accounting Policies

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

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Sunderland Bangladesh International Centre Limited meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £22,827 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliably.

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance or provision of other specified service is deferred until the criteria of income recognition are met.

12

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investment and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charities' work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

13

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

4.2 Charitable activities

Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

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

Building No depreciation Fixtures, fittings and equipment 15% reducing balance

14

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Analysis of income
6
Charitable activities
Income from grants
7
Other trading activities
Membership fees
Mercer Charitable Trust
Ballinger Charitable Trust
Together for Children
Sunderland City Council - BREEZ
Macmillan Cancer Support
Room hire
Youth Investment Fund
Community Opportunity Alliance
EDRF - Community Led Local Development
Temporary letting of office space
Awards for All
Sunderland Clinical Commissioning Group
Covid Response
Other grants
Other income
LA6 Community Grant
Sunderland NHS - Learning Disability Project
Community Foundation
Sunderland Black and Minority Ethnic Network
(SBMEN)
Back on the Map
Greggs Foundation
Social Enterprise Support Fund
The Reach Fund
Virgin Money Foundation
ICOS Shared Sunderland
Garfield Western Foundation		 Unrestricted
Funds
£
-
-
15,000
-
7,250
-
-
15,000
15,000
-
-
-
33,400
-
-
-
-
-
-
-
18,000
-
-
6,926
110,576
24,484
3,200
9,015
36,699		 Restricted
Funds
£
3,700
4,950
-
1,656
-
34,418
-
-
-
13,131
-
38,320
-
24,432
3,750
10,092
33,000
25,000
9,000
23,416
-
115,000
-
-
339,865
-
-
-
-		 Total
2023
£
3,700
4,950
15,000
1,656
7,250
34,418
-
15,000
15,000
13,131
-
38,320
33,400
24,432
3,750
10,092
33,000
25,000
9,000
23,416
18,000
115,000
-
6,926
450,441
24,484
3,200
9,015
36,699		 Total
2022
£
5,950
-
15,000
-
-
33,981
17,500
-
-
-
7,840
6,500
16,600
-
-
24,465
42,000
-
-
22,582
-
-
35,928
9,261
237,607
15,435
2,800
-
18,235

Income was £487,140 (2022: £255,799) of which £147,275 was unrestricted or designated (2022: £95,686) and £339,865 was restricted (2022: £160,113).

15

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

Analysis of expenditure on charitable activities

8 Charitable activities
Direct costs
Support costs
Governance costs
Premises costs
Office costs
Professional fees
Depreciation
Independent examiner's fees for reporting on
the accounts
Staff salaries
Other staff and volunteer costs
Direct project costs
Events		 Unrestricted
Funds
£
22,148
240
72,659
1,686
16,939
14,035
4,220
1,383
1,230
134,540		 Restricted
Funds
£
123,694
240
54,402
-
6,818
3,572
-
-
-
188,726		 Total
2023
£
145,842
480
127,061
1,686
23,757
17,607
4,220
1,383
1,230
323,266		 Total
2022
£
115,790
494
112,979
1,101
23,700
28,736
6,432
-
350
289,582

Expenditure on charitable activities was £323,266 (2022: £289,582) of which £134,540 was unrestricted or designated (2022: £49,865) and £188,726 was restricted (2022: £239,717).

9 Fees for examination of the accounts
2023 2022
£ £
Independent examiner's fees for reporting on the accounts 1,230 350
Other accountancy services paid to the examiner - 4,550
1,230 4,900
10 Analysis of staff costs, and the cost of key management personnel
2023 2022
£ £
Salaries and wages 138,036 109,762
Social security costs 4,447 3,654
Pension costs (defined contribution pension plan) 3,359 2,374
145,842 115,790

No employee received remuneration above £60,000 (2022: nil).

The key management personnel of the charity, comprise the Trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £40,570 (2022: £37,308).

16

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

11 Staff Numbers

The average monthly head count was 11 staff (2022: 10 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

Charitable activities
The parts of the charity in which the employee's work:		 2023
Number
7.0
7.0		 2022
Number
5.5
5.5

12 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There has been no related party transactions in the reporting period.

13 Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £3,359 (2022: £2,374). There was £1,138 outstanding as at 31 March 2023 (2022: £450).

14 Corporation Taxation

The charity is exempt from tax on income and gains falling within 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 objectives.

17

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

15 Tangible fixed assets
Cost
Balance brought forward
Additions
Disposals
Balance carried forward
Depreciation
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
Balance carried forward
Net book value
Brought forward
Carried forward
16 Debtors and prepayments (receivable within 1 year)
17
Cash at bank
18
Creditors and accruals (payable within 1 year)
Other creditors
Pension
Independent examination of accounts
Accruals
Deferred income
Cash at bank and in hand
Accrued income
Trade debtors		 Building
£
498,501
-
-
498,501
No
-
-
-
-
498,501
498,501
2023
£
35,085
4,676
39,761
2023
£
225,699
225,699
2023
£
1,138
1,230
-
-
2,368
Depreciation		 Fixtures,
fittings and
equipment
£
-
27,669
-
27,669
RB
15%
-
1,383
-
1,383
-
26,286
2022
£
40,276
-
40,276
2022
£
148,685
148,685
2022
£
450
350
60,100
2,557
63,457		 Total
£
498,501
27,669
-
526,170
-
1,383
-
1,383
498,501
524,787

18

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

19 Deferred income

Deferred income comprises of advance payments from grants that relate to future periods.

Balance brought forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance carried forward		 2023
£
60,100
( 60,100 )
-
-

20 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

21 Analysis of charitable funds

Analysis of movements in unrestricted funds

Unrestricted funds
General unrestricted fund
Designated funds
Capital Fund
Designated Funds
Totals		 Fund
balances
brought
forward
£
70,002
498,501
55,502
624,005		 Incoming
resources
£
147,275
-
-
147,275		 Resources
expended
£
( 133,157 )
( 1,383 )
-
(134,540)		 Transfers
£
12,925
27,669
( 30,502 )
10,092		 Fund
balances
carried
forward
£
97,045
524,787
25,000
646,832

Purpose of unrestricted funds

General unrestricted fund Designated funds Capital Fund Designated Funds

The 'free reserves' after allowing for designated funds.

The current value of designated funds invested in tangible fixed assets

Future purchase of minibus and associated running cost as agreed by trustees.

19

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

21 Analysis of charitable funds continued

Analysis of movement in restricted funds

Restricted funds
EDRF - Community Led Local
Development
Together for Children
Sunderland City Council - BREEZ
Macmillan Cancer Support
Awards for All
Sunderland Clinical
Commissioning Group (CCG)
Sunderland Black and Minority
Ethnic Network (SBMEN)
Back on the Map
The Reach Fund
ICOS Shared Sunderland
Youth Investment Fund
Community Opportunity Alliance
Sunderland NHS - Learning
Disability Project
Totals
Social Enterprise Support Fund		 Fund
balances
brought
forward
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Incoming
resources
£
34,418
23,416
10,092
38,320
3,700
33,000
3,750
4,950
24,432
9,000
13,131
115,000
1,656
25,000
339,865		 Resources
expended
£
( 34,418 )
( 23,416 )
-
( 38,320 )
( 3,700 )
( 33,000 )
( 3,750 )
( 4,950 )
( 24,432 )
( 9,000 )
( 4,371 )
-
( 1,656 )
( 7,713 )
(188,726)		 Transfers
£
-
-
( 10,092 )
-
-
-
-
-
-
-
-
-
-
-
(10,092)		 Fund
balances
carried
forward
£
-
-
-
-
-
-
-
-
-
-
8,760
115,000
-
17,287
141,047

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

EDRF - Community Led Local Development

To deliver a project called "Enterprise for All" working with BAME communities and individuals to deliver sector specific enterprise support packages. The project funding covered salary costs for project workers.

Together for Children Sunderland City Council - BREEZ Macmillan Cancer Support

Awards for All

Sunderland Clinical Commissioning Group (CCG) Sunderland Black and Minority Ethnic Network (SBMEN)

Project funding to deliver the HAF programme to local community.

Contribution to new boiler to reduce energy bills.

Working in partnership with Macmillan Cancer Support to improve the cancer care and support all BAME communities within Sunderland funding project delivery and staff costs.

Working in partnership with Sport works Ltd to deliver sport-based, fitness and movement sessions to our mixed ability groups.

Project delivery and staff costs to deliver a initiative within the BAME community to raise Mental Health awareness.

Funding provided for the delivery of the Household support fund.

20

SUNDERLAND BANGLADESH INTERNATIONAL CENTRE LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2023

21 Analysis of charitable funds continued

Purpose of restricted funds

Back on the Map

Staff costs to deliver centre based 1-2-1 and small group digital workshops as the East delivery partner for the Edit project.

Social Enterprise Support Fund Funding used to promote our IAG services in order to achieve pre-covid provision, particularly in terms of welfare, employability and business start services. The funding will improve our quality assurance processes by registering as an NCFE accredited training centre.

The Reach Fund To bring in external support to help the organisation become investment ready.

ICOS Shared Sunderland Working in partnership with ICOS and New Horizon Sunderland to deliver the Shared Sunderland project with is funded by the Paul Hamlyn Foundation and funding support for 2 project staff. Youth Investment Fund Funding for the building expansion and refurbishment work. Community Opportunity Alliance To employ worker to support the Living Pride project providing support services to refugee and asylum seekers. Sunderland NHS - Learning To deliver a project to build awareness of Learning Disability within the Disability Project BAME community of Sunderland.

21 Analysis of charitable funds continued

Transfers between funds

Transfers between funds
Between restricted funds and
designated capital fund
Between general unrestricted
funds and designated capital fund
Reason for transfer
This represents the contribution to the new boiler paid for
by restricted grants that were transferred to the capital fund.
This represents the contribution from the charity to
purchase the new boiler.		 Amount
£
10,092
27,669

22 Capital commitments

As at 31 March 2023, the charity had no capital commitments (2022 -£nil).

23 Analysis of net assets between funds

Cash at bank and in hand
Other net current assets/(liabilities)
Tangible fixed assets		 Unrestricted
Funds
£
524,787
109,652
12,393
646,832		 Restricted
Funds
£
-
116,047
25,000
141,047		 Total
2023
£
524,787
225,699
37,393
787,879		 Total
2022
£
498,501
148,685
( 23,181 )
624,005

21