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2022-03-31-accounts

The Charity Registration Number is :- 1089321

City Bangladeshi Community & Cultural Centre Trust

Report and Accounts

31 March 2022

City Bangladeshi Community & Cultural Centre Trust

Report and accounts for the year ended 31 March 2022

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of director's responsibilities 5
Independent Accountant's Report 7
Funds Statements:-
Statement of Financial Activities 9
Statement of Financial Activities - Prior Year statement 10
Statement of total recognised gains and losses 10
Movements in funds 11
Income and Expenditure account 12
Balance sheet 13
Notes to the accounts 14

City Bangladeshi Community & Cultural Centre Trust Trustees' Annual Report for the year ended 31 March 2022

The Trustees presents his Report and Accounts for the year ended 31 March 2022.

Reference and administrative details

The charity name.

The legal name of the charity is:- City Bangladeshi Community & Cultural Centre Trust

The charity is also known by its operating name, City Bangladeshi Community and Cultural Centre

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1089321

Legal structure of the charity

The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

2A Buckfast Street, London Greater London, E2 6EY

Telephone Email Address cbcctrust@gmail.com Web address

The Trustees in office on the date the report was approved were:-

Rashid Khan Muhammad Rahman Eagad Ali Muhammad Hussain Abdus Subhan Alhaz Miah Abdul Matin Mohammed Rahman Anayath Ahmed Abu Hurairah Mousuf Ahmed

1

City Bangladeshi Community & Cultural Centre Trust

Trustees' Annual Report for the year ended 31 March 2022

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

"The trust" is established in particular for the benefit of Bengalis living in Greater London in general and Bethnal Green area in the London Borough of Tower Hamlets in particular (the principal area of benefit) to :-

2.advance education in particular by the provision of supplementary and Bengali mother classes in the principal area of benefit.

3.relieve disabled and elderly persons who are in need by the provision of a day centre and advice and information in the principal area of benefit; and

4.provide or assist in the provision of facilities for recreation or leisure-time occupation with the object of improving the conditions of life of the children and elderly Bengalis of the principal area of benefit.

The main activities undertaken in relation to those purposes during the year.

We have encouraged local community to live with love and harmony, and look after each other at this difficult time while we have been facing severe pandemic.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The main achievements and performance of the charity during the year.

We have worked tremendously hard this year to improve the quantity and quality of activities that we have provided to the local community and the wider area public. All of our events are open to everyone in the community from all faiths and backgrounds.

2

City Bangladeshi Community & Cultural Centre Trust

Trustees' Annual Report for the year ended 31 March 2022

The difference the charity's performance during the year has made to the beneficiaries of the charity.

We have out extra focus on combatting terrorism and explaining the dangers of these evil thoughts, social grooming and exposing the individuals and groups engaged in this activity as these extreme ideologies have nothing to do with the religion of Islam as the word Islaam comes from the Arabic root word salaam which means peace.

The degree to which the achievements and performance during the year have benefited wider society.

The charity benefits the wider society by enhancing facilities at madressah and masjid.

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

At the annual general meeting all the trustees shall retire from office and at every subsequent annual general meeting one-third of the trustees who are subject to retirement by rotation or, if their number is not three or a multiple of three, the number nearest to one third shall retire from office; but, if there is only one trustee who is subject to retirement by rotation, he/she shall retire.

Bankers NatWest Bank
Accountants Birchtree Sullivan

Financial review

The charity's financial position at the end of the year ended 31 March 2022

The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Total Funds
Net (expenditure)/income
Unrestricted Revenue Funds available for the
general purposes of the charity		 2022
£
(4,337)
767,513
767,513		 2021
£
59,792
771,850
771,850

3

City Bangladeshi Community & Cultural Centre Trust

Trustees' Annual Report for the year ended 31 March 2022

Financial review of the position at the reporting date, 31 March 2022 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Policies on reserves.

CBCCC policy is to maintain an appropriate level of capital reserves designed to secure the long term sustainability of the organisation and enable it to meet its financial obligations as and when they fall due without prejudicing the ability of CBCCC to raise funding and commit expenditure to its objectives.

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Employment of disabled persons

N/A

Third party indemnity provisions

N/A

Details of The Independent Examiner

Imran Asif FCCA

Member of Chartered Certified Accountants

Office 6

58 Marsh Wall Canary Wharf London E14 9TP

4

City Bangladeshi Community & Cultural Centre Trust

Trustees' Annual Report for the year ended 31 March 2022

Statement of Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), .

In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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.

5

City Bangladeshi Community & Cultural Centre Trust Trustees' Annual Report for the year ended 31 March 2022

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

This report was approved by the board of trustees on 20 January 2023.

Muhammad Khalisur Rahman (Jan 20, 2023, 8:25pm)

Mr Muhammad Khalisur Rahman Trustee

6

City Bangladeshi Community & Cultural Centre Trust

Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2022

I report to the Trustees on my examination of the financial statements of the charity on pages 9 to 21 for the year ended 31 March 2022 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 14.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 5, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

7

City Bangladeshi Community & Cultural Centre Trust

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP).

I have no concerns and 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 financial statements to be reached.

Signed:-

Imran Asif FCCA - Independent Examiner

Chartered Certified Accountants

Office 6 58 Marsh Wall Canary Wharf London E14 9TP

This report was signed on 20 January 2023

8

City Bangladeshi Community & Cultural Centre Trust - Statement of Financial Activities for the year ended 31 March 2022

Statement of Financial Activities for the year ended 31 March 2022

Current year
Unrestricted
Funds
2022
£
Income & Endowments from:
Donations & Legacies
A1
87,599
Expenditure on:
Charitable activities
B2
24,936
Total expenditure
B
24,936
Net income for the year
62,663
Transfers between funds
C
(67,000)
Net income after transfers
A-B-C
(4,337)
(4,337)
Reconciliation of funds:-
E
Total funds brought forward
771,850
Total funds carried forward
767,513
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2022
£
-
-
-
-
-
-
-
-
-		 Current year
Total Funds
2022
£
87,599
24,936
24,936
62,663
(67,000)
(4,337)
(4,337)
771,850
767,513		 Prior Year
Total Funds
2021
£
86,830
27,038
27,038
59,792
-
59,792
59,792
602,548
662,340

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All the prior year transactions were unrestricted items, and no further analysis is required

All activities derive from continuing operations

The notes attached on pages 14 to 21 form an integral part of these accounts.

9

City Bangladeshi Community & Cultural Centre Trust - Statement of Financial Activities for the year ended 31 March 2022

Income from:
Donations & Legacies
A1
Total income
A
Expenditure on:
Charitable activities
B2
Total expenditure
B
Net income for the year
Transfers between funds
C
Net income after transfers
Reconciliation of funds:-
E
Total funds brought forward
Total funds carried forward
Net movement in funds
SORP
Ref		 Prior Year
Unrestricted
Funds
2021
£
86,830
86,830
27,038
27,038
59,792
109,510
169,302
169,302
602,548
771,850

 Prior Year
Restricted
Funds
2021
£
-
-
-
-
-
-
-
-
-
-		 Prior Year
Total Funds
2021
£
86,830
86,830
27,038
27,038
59,792
(109,510)
(49,718)
(49,718)
602,548
552,830

All activities derive from continuing operations

City Bangladeshi Community & Cultural Centre Trust - Resources applied in the year ended 31 March 2022 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Net resources available to fund charitable activities		 2022
£
(4,337)
(4,337)		 2021
£
59,792
59,792

The notes attached on pages 14 to 21 form an integral part of these accounts.

10

City Bangladeshi Community & Cultural Centre Trust - Statement of Financial Activities for the year ended 31 March 2022

Movements in revenue and capital funds for the year ended 31 March 2022

Revenue accumulated funds

Unrestricted
Restricted
Funds
Funds
2022
2022
£
£
Accumulated funds brought forward
771,850
-
62,663
-
834,513
-
(From)/To unrestricted revenue funds
(67,000)
-
Closing revenue funds
767,513
-
Summary of funds
Unrestricted
Restricted
and
Funds
Designated funds
2022
2022
£
£
Revenue accumulated funds
767,513
-
Recognised gains and losses before transfers		 Total
Funds
2022
£
771,850
62,663
834,513
(67,000)
767,513
Total
Funds
2022
£
767,513		 Last year
Total Funds
2021
£
602,548
59,792
662,340
109,510
771,850
Last Year
Total Funds
2021
£
771,850

The notes attached on pages 14 to 21 form an integral part of these accounts.

11

City Bangladeshi Community & Cultural Centre Trust - Statement of Financial Activities for the year ended 31 March 2022

City Bangladeshi Community & Cultural Centre Trust

Income and Expenditure Account for the year ended 31 March 2022 as required by the Companies Act 2006

2022
£
Income
Income from operations
87,599
Gross income in the year before exceptional items
87,599
Gross income in the year including exceptional items
87,599
Expenditure
Charitable expenditure, excluding depreciation and amortisation
24,936
Realised losses on disposals of social investments which are programme related
-
Total expenditure in the year
24,936
62,663
Tax on surplus on ordinary activities
-
62,663
Retained surplus for the financial year
62,663
All activities derive from continuing operations
Net income after tax in the financial year
Net income before tax in the financial year
Investment income		 2021
£
86,830
86,830
86,830
27,038
-
27,038
59,792
-
59,792
59,792

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 14 to 21 form an integral part of these accounts.

12

City Bangladeshi Community & Cultural Centre Trust - Balance Sheet as at 31 March 2022

Note
SORP
Ref
Fixed assets
A
Tangible assets
6
A2
Current assets
B
Cash at bank and in hand
B4
Creditors: amounts falling due within
one year
7
C1
Net current assets
Creditors: amounts falling due after more
than one year
8
C2
The total net assets of the charity
Restricted funds
Unrestricted Funds
Unrestricted Revenue Funds
12
D3
Designated Funds
Total charity funds
Total assets less current liabilities
The total net assets of the charity are funded by the
2022
2021
£
£
1,002,422
1,002,422
13,671
10,347
-
(339)
13,671
10,008
1,016,093
1,012,430
(248,580)
(240,580)
767,513
771,850
767,513
771,850
767,513
771,850
funds of the charity, as follows:-

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Muhammad Khalisur Rahman (Jan 20, 2023, 8:25pm) Mr Muhammad Khalisur Rahman Trustee Approved by the board of trustees on 20 January 2023

The notes attached on pages 14 to 21 form an integral part of these accounts.

13

City Bangladeshi Community & Cultural Centre Trust

Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 2016), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.

In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.

If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.

The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.

The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.

14

City Bangladeshi Community & Cultural Centre Trust

Notes to the Accounts for the year ended 31 March 2022

Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.

All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value ove estimated useful lives.

Freehold premises 0 % straight line
Leasehold premises 2 % straight line
Plant and machinery 20 % straight line
Motor vehicles 25 % straight line

A regular annual review of the likelihood of asset impairment is undertaken.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

3 Winding up or dissolution of the

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Staff costs and emoluments

Salary costs
Gross Salaries excluding trustees and key management personnel
Total salaries, wages and related costs		 2022
£
15,197
15,197		 2021
£
20,058
20,058

15

City Bangladeshi Community & Cultural Centre Trust

Notes to the Accounts for the year ended 31 March 2022

5 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity.

6 Tangible fixed assets

Cost
At 1 April 2021
At 31 March 2022
Depreciation
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
7
Creditors: amounts falling due within one year
PAYE, NIC VAT and other taxes
8
Creditors: amounts falling due after one year
Accruals
Other creditors
9
Income and Expenditure account summary
At 1 April 2021
(Transfers out)/transfers in for the year
At 1 April 2021
Surplus after tax for the year
At 31 March 2022		 Land and
Buildings
£
1,002,422
1,002,422
-
1,002,422
1,002,422		 Plant &
Machinery
£
-
-
-
-
-		 Motor
Vehicles
£
-
-
-
-
-
2022
£
-
2022
£
1,380
247,200
248,580
2022
£
771,850
(67,000)
704,850
62,663
767,513		 Total
£
1,002,422
1,002,422
-
1,002,422
1,002,422
2021
£
339
2021
£
1,380
239,200
240,580
2021
£
602,548
109,510
712,058
59,792
771,850

10 No related party transactions

There were no transactions with related parties in the year.

16

City Bangladeshi Community & Cultural Centre Trust

Notes to the Accounts for the year ended 31 March 2022 11 Particulars of how particular funds are represented by assets and liabilities

At 31 March 2022
Tangible Fixed Assets
Current Assets
Long Term Liabilities
At 1 April 2021
Tangible Fixed Assets
Current Assets
Current Liabilities
Long Term Liabilities		 Unrestricted
funds
£
1,002,422
13,671
(248,580)
767,513
Unrestricted
funds
£
1,002,422
10,347
(339)
(240,580)
771,850		 Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
-
-		 Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-
-		 Total
Funds
£
1,002,422
13,671
(248,580)
767,513
Total
Funds
£
1,002,422
10,347
(339)
(240,580)
771,850

12 Change in total funds over the year as shown in Note 11 , analysed by individual funds

See Note 13
£
£
Unrestricted and designated funds:-
Unrestricted Revenue Funds
771,850
62,663
Total unrestricted and designated funds
771,850
62,663
Total charity funds
771,850
62,663
Analysis of movements in funds over the year as shown in Note 12
Income
Expenditure
2022
2022
£
£
Unrestricted and designated funds:-
Unrestricted Revenue Funds
87,599
(24,936)
Movement in
funds in 2022
Funds brought
forward from
2021		 See Note 14
£
(67,000)
(67,000)
(67,000)
Other
Gains &
Losses
2022
£
-
Transfers
between
funds in 2022		 £
767,513
767,513
767,513
Movement
in funds
2022
£
62,663
Funds
carried
forward to
2023

13 Analysis of movements in funds over the year as shown in Note 12

Gains and losses are detailed in notes 0,0, 0, 0 and 0

14 Details of transfers between funds in the year as shown in Note 12

Net transfers
The transfers shown in note 12 above are:-
To/(from) Unrestricted Revenue Funds in accordance with the accounting policy 'Accounting for capital
grants and fixed asset funds'.		 2022
£
(67,000)
(67,000)

17

City Bangladeshi Community & Cultural Centre Trust

Notes to the Accounts for the year ended 31 March 2022

15 The purposes for which the funds as detailed in note 12 are held by the charity are:-

Unrestricted and designated funds:-

These funds are held for the meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. Unrestricted Revaluation Reserve This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

Restricted funds:-

The purpose of these funds is described under the accounting policy Restricted Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the Restricted Revaluation Reserve charity's assets.

16 Ultimate controlling party

The charity is under the control of its legal members.

18

City Bangladeshi Community & Cultural Centre Trust

Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

17 Donations and Legacies

Current year
Unrestricted
Funds
2022
£
Donations and gifts from individuals
79,280
-
79,280
Revenue grants from government and public bodies
8,319
8,319
Total Donations and Legacies
A1
87,599
Small donations individually less than £1000
Total donations and gifts from individuals
Salman Rahman
Total public sector revenue grants
CJRS Grant		 Current year
Restricted
Funds
2022
£
-
-
-
-
-
-		 Current year
Total Funds
2022
£
79,280
-
79,280
8,319
8,319
87,599		 Prior Year
Total Funds
2021
£
71,934
1,000
72,934
13,896
13,896
86,830

18 Expenditure on charitable activities - Direct spending

Current year
Unrestricted
Funds
2022
£
15,197
Total direct spending
B2a
15,197
19
Current year
Unrestricted
Funds
2022
£
Premises Expenses
397
2,683
4,487
-
Light heat and power
Property insurance
Gross wages and salaries - charitable activities
Support costs for charitable activities
Premises repairs, renewals and maintenance
Rates and water charges		 Current year
Restricted
Funds
2022
£
-
-
Current year
Restricted
Funds
2022
£
-
-
-
-		 Current year
Total Funds
2022
£
15,197
15,197
Current year
Total Funds
2022
£
397
2,683
4,487
-		 Prior Year
Total Funds
2021
£
20,058
20,058
Prior Year
Total Funds
2021
£
-
258
4,000
1,014

19

City Bangladeshi Community & Cultural Centre Trust

Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015

Administrative overheads
470
-
470
600
-
600
Professional fees paid to advisors other than the auditor or examiner
780
-
780
Financial costs
322
-
322
Support costs before reallocation
9,739
-
9,739
Total support costs
9,739
-
9,739
Bank charges
Sundry expenses
Professional fees paid to the Auditor or Independent Examiner in addition to audit and
examination fees
Accountancy fees other than examination or
audit fees
As detailed in Note 20		 200
600
780
128
6,980
6,980

The basis of allocation of costs between activities is described under accounting policies

20 Other Expenditure - Governance costs

Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
2022
2022
£
£
£
2022
£
Fees paid to the examiner's firm
600
-
600
Total additional fees included in support
costs at Note 19
600
-
600
21 Total Charitable expenditure
Current year
Current year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
2022
2022
2022
£
£
£
Total direct spending
B2a
15,197
-
15,197
Total support costs
B2d
9,739
-
9,739
Total charitable expenditure
B2
24,936
-
24,936
Professional fees paid to the Auditor or Independent Examiner in addition to audit and
examination fees		 Prior Year
Total Funds
2021
£
2021
£
600
600
Prior Year
Total Funds
2021
£
20,058
6,980
27,038

20

City Bangladeshi Community & Cultural Centre Trust

Activity analysis of Income and expenditure for the for the year ended 31 March 2022

This analysis is classsified by activity and not by conventional nominal descriptions.

**22 ** Analysis of income by activity
SOFA ref 2022 2021
£ -
Activity
Summary of Total Income, including the items above
Donations & Legacies A1 87,599 86,830
Categories of income
Income from exchange transactions 87,599 86,830

21