Reglstered number.. 05323060 NIMAB WELFARE TRUST UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AMCI ASSOCIATES LTD Nimab Welfare Trust Contents Page Company Information Accountant's Report Income and Expendlture Account Balart￿ Sheet The followlng pages dtr not form part of the 51a¢utory accounts: Detalled Incomè and Expendlture Account Nimab Welfare Trust Company Information For The Year Ended 31 March 2025 Dlrectors Nr 15mall 5adlq Mlss Hoblba Sodeinde Mr Azeez Olanrewalu Mr Adetokunbo Ajayl Mr Kehlnde Kutl Mr Fola Kull Company Numbe 05323060 Regi5tÉred Offlce Nlmab Community Centre Great Francis Street Nechelles imilngharn West Mldlands 87 4QN Accountants AMCI ASSOCYATES LTD 133 Tame Road witton Irmlngham West Mldlands B6 70G Page I Nimab Welfare Trust Accountant's Report For The Year Ended 31 March 2025 Report to the directots on the preparation of the unaudlted statutory accounts of Nimab Welfare frust for th year ended 31 March 2025 To asslst you to fulfil your dutles under the CoTnpaRles Act 2006, 1 have prepared for your approval the accounts of Nirnab Welfare Trust whlch comprfse the Income and Expendlture Account, the Balance Sheet and the related notes, from the company's accounting records and from Informatlon and explanatlons you have glven us. As a pract151ng member of the Assoclation of Chartered CÈrtlfied Accountant5, we are subJect to its ethlcal and other professional requlrements whith are detalled at http.'Ilwww.accaglobal.com/enlmembeFlprofe55ional-stsndardslrules- standardslacca-rulebook.html. Thls report Is made to the dlrectors of Nlmab Welfare Trust, Ès a body, In accordance wlth the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accovnts of Nirnab Welfare Trust and stète those matters that WÈ have agreed to state to the directors of Nimab Welfare frust, as a bodyi In th15 report in accordance wlth the Assoclatlon of Chartered Certified Attountanls tis detailed at http:Ilwww.accaglobal.com/contenvdamlACC￿G1CbaVfeChnlca1IfactIteChTr1caI-faCtSheÉt-l63.pdff. To the Fullest extent permltted by law we do not accept or assume responslblllty to anyone other than Nlmèb Welfare Trust its dlrectors a5 body for our work or for thls report. It is your duty to ensure that Nimab Welfare Trust has kept tdequate accountlng records and to prepare statvtoiry accounts that 9lve a true and falr view of the a55ets, Ilablllties, fin3nclal posltlon and profit or loss of Nimab Welfare Trust. You conslder that Nlmab Welfare Trust Is exempt from the statutory audlt r£qulrement for the year. WÈ have not been instructed to carry uut Bn audlt or a re￿e￿ of the accotjnts of Nirnab Welfare Trust, For thls ￿aSon, we have not vÈrffled the accuracy or completeness of the accountlng retords or Infomatloll and explanatlons you h8ve given to us and we do not, therefore, express any oplnlon on the financlal statements. 27102120_26 AMCI ASSOCIATES LTD 133 Tame Road wstton Blrmlngharn West Mldlands B6 7DG Page 2 Nimab Welfare Trust Income and Expenditure Account For The Year Ended 31 March 2025 2025 other Income staff costs Other charge5 63,552 {17,5181 125,7AII SURPLU5 BEFORE TAXATION 20,253 Tax 1331 NET SURPLUS 20,220 Page 3 Nimab Welfare Trust Balance Sheet As At 31 March 2025 2025 Current assets 66,925 356 (1,4841 Prepayrnents and accrued Intome Credltors.. Amounts F3111no Due Within One Year NET CURRENT ASSETS 65,797 TofAL ASSETS LESS CURRENT LIABILITIES 65,797 NET ASSETS 65,797 REseRVES 65,797 Notes l. General Infom7atlon Imab Welkre Trust Is a prlvate companytr Ilmlted by guarantee, Incorporated In Englind & Wales, reglstered number 05323060. The registered office Is NIFnJb Communlty Centre Great Francls Street, Nechelle5, 8irmlnghdm, West Midlar¥ds, B7 4QN, 2. AveragÈ Number of Employees Average nurrber of employccs, Includlng dlrectors, duthng the year was.. 10 3. Company Ilmited by guarèntee ThÈ tompaNy Ss Ilmlted by guarantp.e and has no share capital. Every member of the comp3ny undÈrtak* to contrlbute to the assets of the con7pany, In the event of a wlndlng up, such an amount as may be requlred not èxceedlng Él. For the year ending 31 March 2025 the company was eTrtitled to exernpiion from audit under section 477 of the Campanles Act 2006 relating to small companie5. The members have not required the company to obtaln an audlt In atctsrdance wlth sectlon 476 of the Companies Act 2006. The directors acknowledge their responsibllliles for complylng with the requlrÈmertts of the Act with respeLt to 4ccountlng records and the prep3ratlon of accounts, These account5 have been prepared In accordan￿ wlth the mlcro-entlty prowlslons. On behalf of thÈ board Mr Adetokunbo Ajayi Dlrector 2710212026 Page 4 Nimab Welfare Trust Detailed Income and Expenditure Account For The Year Ended 31 March 2025 2025 OTHER INCOME other opÈrntlng Sncome Lnterest reteiv4ble and slmllar Income 63,379 173 63,552 STAFF COSTS Wages and salarles Tr3vel and subsistence expenses 11,975 5,543 117,5181 OTHER CHARGES other direct C05ts.. other dlrect costs Prernlses expenses.. Llght and heat Water rates 12,934 4,181 Repalrs and mtlntenante Cleanlng 2,479 206 7,676 General 3dmlnlstratlon costs.. Computer 50ftware, consumables and malntenance Insurance TelecommunicHtion& and data costs Accountancy fees Con5ultanty fe Sundry expenses 2,095 499 257 L,275 1,015 30 5,171 {25,7811 SURPLUS MEFORE TAXATION 20,253 Tax on Surplus Corporatltsn ta]t thtrge 33 {331 NET SURPLUS 20,220 Page 5