REGISTERED CHARITY NUMBER: 1110823 Report of the Trustees and Flnancial Statements for the Year Ended 31 March 2025 for Bfig"liféf Fijtufé lfitèt-natiofiai Tfuat
Brighter Future International Trust Report of the Trustees for the Year Endod 31 March 2025 Thé f(u8téé6 Èfégéfit fhéif fépoff wifli fllé fifiafieiai sfatèfiléillé Of flié eafitY for flfié y'éaf éfidèd 31 Mafeli 2025. Thé trustees have adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th9 UK and Republic of Ireland (FRS102) (effective 1 January 2015), REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Chailty number 1110823 Charity Reglstored offlce and correspondence Address 1 chadièa Yafd Dyke Bourne Lincolnshire PE10 OGQ Board of Trustees Mr Shailesh Naik Mr Ramesh Dewan Mr Jam@s Hand Mrs Ellzabelh Pettersen Mrs Dawn Macaulay Independent examiner V Tharmarajah Accountants 45 Cheslnut Drive pihttér Middlesex HA51LX Bankers Lloyds Bank Pl¢ 81 High Street Ashford Kent TN24 8SS STRUCTURE, GOVERNANCE AND MANAGEMENT Goiiéfrling d6C(iMèhf The ch8rity is controlled by its governing document, a deed of trust, Recruitment and appolntment of new trustees The trustees named above have served throughout the year or as from dat8 of appointment or up to date of resignation. Appoinlment of trustees is governed by the Trust Deed of the charity. The board h8S the power to appoinl additional trustees as it considers fit to do so. Organlsational structure The ¢harity is organlsed so that the INstees consult each othgr regularly to manago its affairs.
Independent Examlner's Report to the Trustees of Brlghter International Trust I report to the ch8rity trustees on my examination of the accounts of Ihe Brighter Future International Trust for the year èndéd 31 Marth 2025.. Responsibllltles and basls of report As the charity truste8s, you 8re responsible for the preparation of the accounts in accordanc8 With th8 Chariti8s Act 2011 (the Act). I roport in respect of my examination of the Trust's accounls carried out under seclion 145 of the 2011 Act and in carrying out my examination, I have followed all the 8ppIic8ble Direction given by the Charity Commission under accounts carried out under section 145 {5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material malters have come to my altention in connection with Ihe 8xamination which gives me cause to believe Ihan in, any materi81 respect.- {1) AeCOUnlln) féeofds Wèfè fiot képt IA fé5PèCt of thè Trust as requirèd by sèctlon 130 01 thè Act or The accounts do not accord with those or The accounts do nol comply with the applicable requirements concerning the form and content of accounts sel out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a mgtler considered as part of an independent examination. confirm that ther8 are no other matlers to which your attention should be drawn to enable a proper underst8nding of the accounts to b8 reaGh8d. V Tharmarajah Accountants 45 Chestnut Drive Pinner HA5 ILX 10 July 2025
Brighter Future International Trusl Statement of Financial Actlvltles for the Year Ended 31 March 2025 2025 2024 Unrestricted Total Funds fund Notes INCOMING RESOURCES Incomlng re$our¢es from generatsd funds Voluntary income 141,629 151,184 Investment income 70 102 Total Incomlng resources 141699 151,286 RESOURCES EXPENDED Governance costs Other resources expended 18,870 119 000 23,745 142,400 Total resources expended 137,870 166,145 NET INCOMING RESQURCES 3,829 114,859) RECONCILIATION OF FUNDS Total funds brought forward 12,878 27,737 TOTAL FUNDS CARRIED FORWARD 12,878 The notes form part of these flnanclal statements
Brighter Future International Trust Balance Sheet At 31 March 2025 2025 2024 Unrestricted Total funds fund Notes CURRENT ASSETS Cash al bank Debtors 11,384 5,323 8,817 4,061 16,707 12,878 CREDITORS Amounts falling due within one year NET CURRENT A58ET5 12,B78 TOTAL ASSETS LESS CURRENT LIABILITIES 16,707 12,878 NET ASSETS 12,878 FUNDS Unrestricted funds TOTAL FUNDS 16,707 The financial statements were approved by the Board of Trustees on l O July 2025 and were signed on its B¢half by, Shailesh Naik -Trustee Ramesh D8wan- Trustee
Brighter Future International Trust Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparlng the flnanclal statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have be@n prepared in accordance with Ihe Charilies SORP (FRS102) 'Accounting and Reporting by Charities., Statement of Recommended Practice applicable to to charities preparing their accounts in accordan wlth the Financial Reporting Staffidafd Ifl thé UK aAd Républlc Of Iréland {FRS102) (èff&CtIVé i January 2015)',FIAalie5ai reporting standard 102 'The Fin8ncial Reporting S18ndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prePad under the historical cost convention. Incomlng resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the jncoma and the amount can b& quantifled wilh rgasonablo a¢¢uracy. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate 811 cost related to the category. Where costs cannot be directly attribuled to particular headings they have been allocated to activities on a basis consistent with the use of resources. TaxatlOII The charity is exempt from corporalion tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charltable objectives al th8 discretion of the trustees. Further explanation of the nature and purpose of each fund is included in th8 notes to the financial s18tements. INVESTMENT INCOME 2025 2024 Deposit account interest 70 102 70 102 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneralion or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There w8re no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade cr8ditors Accruals
Brtghter Future International Trust Notes to the Flnanclal Statements - contlnued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS Net movement in funds At 1.4.24 At 31.3.25 unréstrlct•d funds General fund 12,878 3,829 16,707 TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestricted funds Gèfièrai iund 141,699 (137,870) 3,829 TOTAL FUNDS 141 699 137 8701
Brighter Future Internallonal Trust Detalled Statement of Flnanclal Acllvltles for the Year Ended 31 March 2025 2025 2024 INCOMING RESOURCES VolunlY4ry inoome Donatlons 141,629 151,184 Investment Income Deposit account interest 70 102 Total incomlng resources 141,699 151,286 RESOURCES EXPENDED Governanc8 Costs Adrtliniatf8tiVé éxpéfiéa Account8ncy Legal fees General expenses 18,720 3,646 . 150 100 18,870 23,745 Other resources expended Donations 119,000 142,400 Total resources expended 137,870 166,145 Net Income 3,829 (14,859) RealSsed recognised galns and losses Loss on sale of investment assets Nèt Irtéothé 3,829 14859) This page does notform part of the statutory financial statements