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2025-03-31-accounts

Insaan Aid Annual Report and Accounts

For the Year Ended 31 March 2025

Charity No. 1122725

Insaan Aid

1

Annual Report and Accounts for the year ended 31 March 2025

Index
Charity Information 2
Trustees' Annual Report 3 - 4
Independent examiner's report to the trustees 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 10
The following page does not form part of the financial statements
Detailed statement of financial activities 12

Insaan Aid

2

Annual Report and Accounts for the year ended 31 March 2025

Charity information

Charity Number 1122725
Charity Trustees
Abdul Motlib
Abdul Mozid Khan
Abdus Subhan
Dula Miah
Fotik Miah
Manik Miah
Mohammed Foezul Haque
Mohammed Mahbub Alam
Mohammed Mainul Alam
Mohammed Mujibul Haque
Mohammed Ruhul Amin
Mohammed Tunu Hussain Miah
Noor Miah
Nuaj Miah
Nurul Islam Chowdhury
Zubair Ahmed
Management Committee Mohammed Miah – Treasurer
Yousuf Saleh – Chairman
Registered Office 32 Bond Street
Ipswich
Suffolk
IP4 1JE
Bankers Lloyds TSB
Independent Examiner Muminur Rahman FCCA
7 Western Close
Rushmere St Andrew
Ipswich
Suffolk
IP4 5UU

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

3

Trustees' Annual Report

The trustees present their report and unaudited financial statements of the charity for the year ended 31 March 2025.

The charity was established in 2008 and was registered under the Charities Act on 11th February 2008.

Governing document

Insaan Aid is governed by her Declaration of 22nd November 2006. This specifies Insaan Aid's objects as well as showing that the charity is constituted as a body of trustees. Currently, the body consists of 18 original trustees. There shall be at least 18 trustees. Every future trustee shall be appointed for a term of one year, which is renewable, by a resolution of the trustees. A trustee can only be chosen who qualifies in being able to support or add value to the Charity's objects. The guidelines for determination of trustee need, eligibility, removal, and appointment, are clearly documented in the Declaration which we are obliged to follow. Any trustee who is considered would have necessarily spent a great deal of time working closely with Insaan Aid. There are not any special or specific training requirements.

Objects of the Charity

Relief of financial hardship among people living or working in Bangladesh which they could not otherwise afford through lack of means. The relief of financial hardship, either generally or individually, of people living in Bangladesh would come by way of by making grants of money for providing or paying for items, services or facilities, the relief of sickness and the preservation of health among people living permanently or temporarily in Bangladesh and advancement of education of the public in Bangladesh.

Review of Activities

The statement of financial activities for the year is set out on page 6 of the accounts.

As always, we remain deeply thankful to everyone who has supported us throughout the year both those who contributed financially and those who generously dedicated their time. A number of initiatives have been launched and continue to run in Bangladesh, providing essential support to individuals facing poverty and humanitarian hardship, including:

Following the significant progress made last year in establishing our orphanage and adult learning facility (the Insaan Aid Centre), we are pleased to share that, by the grace of Allah (SWT), Insaan Aid has taken further meaningful steps toward its development. This year marks the beginning of the second phase of work, focusing on the construction of the Centre’s second floor and laying a stronger foundation for its long‑term purpose.

To help accelerate the build, some of our general funds were utilised to support the ongoing construction. As in previous years, the Charity has maintained a dedicated restricted fund specifically for donations intended for the Centre.

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

4

Trustees' Annual Report

Trustees' responsibilities

The Charities Act 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 charity at the end of the year and of the surplus or deficiency for the year then ended. In preparing those financial statements, the trustees are required to select suitable accounting policies, as described on page 8, and then apply them on a consistent basis, making judgments and estimates that are prudent and reasonable. The Trustees must also 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 proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the Declaration of 22nd November 2006. The trustees 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.

Risk Management

The Trustees have considered the major risks to which the Charity is exposed, and systems have been established to mitigate those risks. The implementation of these procedures minimises those risks. These procedures are regularly reviewed to ensure that they still meet the needs of the Charity.

Reserves

It is the policy of the Charity to maintain unrestricted funds at a level in excess of annual unrestricted management and administration expenditure. Unrestricted funds are maintained at least at this level throughout the year.

Signed by order of the trustees

Approved by the trustees on 30/01/2026

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

5

Independent examiner's report to the trustees

I report on the accounts of Insaan Aid for the year ended 31 March 2025 which are set out on pages 6 to 10.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under the 2011 Act 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

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

Signed:

Name: Muminur Rahman FCCA

Address: 7 Western Close Rushmere St Andrew IPSWICH Suffolk IP4 5UU

Date: 30/01/2026

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

6

Statement of financial activities

All recognised gains and losses are reflected in the Statement of Financial Activities and therefore no separate statement of total recognised gains and losses has been presented.

Note
Incoming Resources
Incoming resources from generated funds
Voluntary Income
Subscriptions and donations
2
Total incoming resources
Resources Expended
Charitable activities
Ramadan project
Qurbani project
Winter project
Pensioner support
Meeting and Professional costs
Health Project
Insaan Aid Centre Development costs
Other resources expended
3
Total resources expended
Net (expenditure)/income for the year
Fund balance as at 1st April 2024
Fund balance as at 31st March 2025
Unrestricted
Funds
£
24,197
24,197
140
1,727
156
5,588
44,049
6,233
57,893
(33,696)
45,343
11,647
Restricted
Funds
£
8,293
8,293
4,688
8,396
13,084
(4,791)
30,523
25,732
Total
2025
£
32,490
32,490
4,688
8,396
140
1,727
156
5,588
44,049
6,233
70,977
(38,487)
75,866
37,379
Total
2024
£
31,537
31,537
6,017
8,092
1,165
993
3,035
3,308
99,736

8,437
130,783
(99,246)
175,112
75,866

The accompanying notes form part of these financial statements.

Insaan Aid

7

Annual Report and Accounts for the year ended 31 March 2025

Balance sheet

Balance sheet
Note
Fixed assets
Tangible assets
6
Current assets
Cash at bank and in hand
Net assets
The total funds of the charity
- General fund
- Restricted income fund
Designated fund
2025
£
396,077
396,077
37,379
37,379
433,456
11,647
25,732
396,077
433,456
2024
£
352,028
352,028
75,866
75,866
427,894
45,343
30,523
352,028
427,894

These financial statements were approved by the Board of the Charity Trustees on 30 January 2026 and are signed on their behalf by:

The accompanying notes form part of these financial statements.

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

8

1

Notes to the financial statements

Accounting policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with applicable accounting standards and the Statement of Recommended Practice on accounting by charities issued in March 2005.

Fund accounting

General funds are unrestricted funds which are available for 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.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a particular purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for a particular purpose. The cost of raising and administering such funds are charged against the specific fund.

Incoming resources

Voluntary income and donations are included in incoming resources when they are receivable except when the donors' conditions have not been fulfilled, then the income is deferred. Gifts in Kind for which Insaan Aid accepts full responsibility for distribution are included in income at their market value when it is distributed and under Charitable Activities at the same value and time. The value of services provided by volunteers has not been included. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs.

Resources expended

Resources expended are included in the Statement of Financial Activities on an accrual basis, inclusive of any VAT which cannot be recovered.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Other resources expended are those costs incurred directly in support of expenditure on the objects of the charity and include the costs of employing one local staff in Bangladesh to support the administration and delivery of charitable activities. Office expense are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Expenditure which is directly attributable to specific activities has been included in those cost categories. Where costs are attributable to more than one activity, they have been apportioned across the costs on a basis consistent with the use of those resources.

Tangible fixed assets

The Freehold land and building in Bangladesh is not currently being depreciated.

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

9

2

Notes to the financial statements

Transition to FRS 102

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was required. No restatements are required as a result of the transition to FRS 102.

Taxation

As a registered charity, the activities are exempt from United Kingdom Income and Corporation taxation.

Subscriptions and donations

The turnover and profit before tax are attributable to the one principal activity of the company. An analysis of turnover is given below:

Subscriptions
Donations and gifts
Fundraising charity events
Other projects
Gift Aid
Orphanage Centre
Unrestricted
Funds
£
24,197
24,197
Restricted
Funds
£
7,589
704
8,293
Total
2025
£
31,786
704
32,490
Total
2024
£
30,860
677
31,537

3 Other resources expended

Salary Overseas Development Manager
Salary Overseas Caretaker
Office expense
2025
£
4,925
1,215
93
6,233
2024
£
6,635
752
1,050
8,437

The charity employed one local staff in Bangladesh to support the administration and delivery in furtherance of charitable activities and a Development Manager to manage the development of the Orphanage Centre.

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

10

5

6

Notes to the financial statements

Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Tangible fixed assets

Cost
At beginning of the year
Additions
At 31st March 2025
2025
Freehold Land
& Building
£
342,028
44,049
386,077
2024
Freehold Land
& Building
£
242,292
99,736
342,028

Freehold land and building relate to the Orphanage Centre in Bangladesh and is not depreciated.

Insaan Aid

11

Annual Report and Accounts for the year ended 31 March 2025

Detailed statement of financial activities

The following page does not form part of the financial statements

Insaan Aid Annual Report and Accounts for the year ended 31 March 2025

12

Detailed statement of financial activities

2025
£
Incoming Resources
Incoming resources from generated funds
Voluntary Income
Subscriptions
Donations and gifts
31,786
Orphanage Centre
704
Total incoming resources
32,490
Resources Expended
Costs of generating voluntary income
Costs of generating funds
Fundraising costs
Charitable activities
Ramadan project
4,688
Qurbani project
8,396
Housing and shelter
10,059
Winter project
140
Pensioner support
1,727
Meeting and Professional costs
156
Health Project
5,588
Insaan Aid Centre Development costs
44,049
Other restricted expense
Other resources expended
Salary Overseas Development Manager
4,925
Salary Overseas Caretaker
1,215
Office expense
93
Total resources expended
81,036
Net income
(48,546)
2024
£
30,860
92
30,952
6,017
8,092
1,165
993
3,035
3,308
99,736
6,635
752
1,050
130,783
(99,831)