MADANIA WELFARE TRUST Charity Registration Number: 1123338 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONOON E1 4SA TEL.. 020 7790 6111 Page 1 of 12
MADANIA WELFARE TRUST FOR THE YEAR ENDED 31 JULY 2025 CONTENTS Pages Inlorrnalion ol finanaal Statements Report of the Executive Committee Statement of SponSibl11t1es of the Cornmitlee.. Independent Examiner's Report Income and Expenditure Accounts Stalement ol Asseis and Liabiliti6s 10 Notes lo the Accounts 11-12. Page 2 of 12
MADANIA WELFARE TRUST FOR THE YEAR ENDED 31 JULY 2025 MANAGEMENT COMMITTEE CHAIR PERSON Mr Mofiz Ali GENERAL SECRETARY Mr Hussain Ahmed ADDRESS Flat 4 71 Glass House Field London E1W 3HG BANKER HSBC BANK PLC INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E1 4SA TEL.. 020 7790 6111 Charl '¥ Trustees.. Mr Mofiz Ali Mr Hussain Ahmed M Saleh Ahmed Mr Muharnmed Ali Syed Nazim Uddin Page30112
MADANIA WELFARE TRUST REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENOED 31 JULY 2025 The Iruslees present their report and financial slalements lor the year ended 31 July 2025. l-he I'riistees have adopted tlie provisions of the Stateineiil of Recommended Practic¢ (SORP) Accounriiig and Reportiiig by Charities issued iii 2005 iii prepaiiiig lh¢ annual report and liiiancial sia(eineiits of the Cliaiity. Legal Status: Charity= Registered with the ch-ity Commission, Charity Number.. 1123338 Objects, Prineipal Activities and Organisation of the Charity The Charity was established with aims & objectives as follows-. The Charity was eslalislied with a view to promoting the benefit of Bangladeshi people resid¢iils in the UK or Bangladesh by.. a) Providing. promoting and asSlSting in tlie provision of edLication and training including supplementary education in Bangladesh. bl The relielof financial need aiid suffereing ainong victims of natural or other kinds of disaster iii Bai)gladesl) by su¢li means as ilie trust¢¢s sliall determiiie. for persons. bodies. organisations affecied. Page40112
MADANIA WELFARE TRUST REPORT OF THE EXECUTIVE COMMITFEE FOR THE YEAR ENDED 31 JULY 2025 Organisation: A Management Committee, the mernbeis of which are the Iru51ees rnanages the affairg ol the chanly The Management Committee manage5 the business of the charity including Ihe paying ol all expensès Trustees-, Triistees. who are a]1 Ineinbers of ilie execiitive coinmillee, anLI who served during ihe year are set oiit on page 3. The trustees aTe elecled at tlie Annual General Meetin& for Inemb¢r51iip of the Executive Cominittec and serve until tl)c eiid of tlie next Anniial General Meeiin& where they stand foi. re- election as m¢mbeTS Of the new Executive Committee. Trustees responsibilities in relation to the financial .statements The committee or Trustc¢s are requId by charity's law to prepare financial statements for ¢ach financial yeai which give a triie aiid fair vieiv of the fiiiancial aLtivities of the cliai'ity aiid of lis financial position at the end of that year. In preparing those fiiiancial statcmcnts tlie Trustees are requiied to.. The Trusle&s are responsible for preparing the Trustees Annual Report and the Financial Statements in accordance with applicable law and regulations and United Kingdorn Accounting Standard5 (Urnited Kingdorn Generally Accepted Accounting Praclicel. The law applicable to charities in England and Wales requires the Trusteès to prep8re Financial Statements lor each fin2ncial year which give a true and lair view of thè st3t8 tsf affairs of the charity and ol the incoming resources and application ol resource5 of the charity for that period. In pieparing these Financi81 Statements, the Tnjstees are required to. Select suitable accounting poliuès and then apply them consistently., Observe the methods and Pfinciples in the Charities SORP". Make iudgemenis an¢J accounting estimates that afe aSonable and prudenL Prepare the Financial Stsletnenls on the going concern basis unless it is inappropriate lo presume that the charity will continue in operation The Trustees are respon51ble lor keeping pioper accounting recor(Js that disclose wth reasonablè accuracy at any time the financial position ol the charity and enable them tts ensure that the Financial Statements cc>mply wth the Charitie5 Act 2011. The Chaiity (Accounts and Reports) Regulation5 2008 and the provisions ol the trust deed. Thèy are also responsible for saleguar¢Jing as5els of the charity and hence for taking reasonable steps for the pievention and detection of fraud and other irregulanties VOLUNTEERS.. The Trustee5 wish to record their appreciation on behalf ol the Charity and cornmunily for the volunteers who assist in the smooth iunning of the Charity and are critical in helping to keeps the running ¢0sts down RISK REVIEW: The Trustees have conduded their own VIeW of the fflajor risks lo which the Charity Is exposed and steps have been initiated to minimise the idents.fied risks. All lunct50ns ol the Charity are subjected to periodic revi¢w resulting In a piocess of ongoing improvement All stall and volunteers are trained and have all the required statutory and regulatory clearance5 required Page5of12
MADANIA WELFARE TRUST REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 JULY 2025 SERIOUS INCIDENTS AND EXCEPTIONS: The Trustees are pleased to note. that there We no incidents which gave rise to the need for the TrLJStees to lodge a Serious Incident Report with the Charity Commission. Furthermore, there were no Exception5 recorded and which gave rise to the need for the Trustees lo record on the Charity's Exceptions. Register. RELATED PARTY TRANSACTIONS.. During Ihe year Ihe Charity was under the control of Trustees and Managemenl Commillee Mem1$ as li51ed above. This report. wthich has been prepared in accordance with the special provisions ol Part 15 of the Companles Act 2006 applicable to 5fflall companies. No members of the management committee received any remuneration during the year. No trustee or other person related to the charity had any personal interest In any contrad or transaction enleied into by the charity during the year. Reserve Policy It Is the policy of the chaiity that unrestiicled lund5. which have not been designated lor a specific use, should be maintained at a level equivalent to its expenditure The Trustees ¢onsider that reserves at this level will ensure that. in the event ol a significant drop in funrling. They will be able to continue the charity's current activities while consideration is given lo ways in which addits.onal funds may be raised. The Celltre wll acb.vely work to achieve this level of reserves INDEPENDENT EXAMINER According lo the provisions ol the Charities Act 2008 and updated 2011, Ihe Committee has agreed that and audil is not required for this financial year. However due lo provisions of Ihe same act an independent exaffliner is required and AM Accountancy Services appointed as external Amountanl or Independent Examiner. Tran5dCtion and finq< ncial position The Staternenl ol Financial Activities shows net surplus for the year of £16,387 and our accurnulated funds stand at £111,299 in total. AM Accountancy Serviees caiiièd out an independent examination of the accounts included in the port This report, which has been prepared in accordance with the Statement ol Recommended PraCCe ISORPI Ac£ounting and Reporting by Charibes issued in 2005. Approved by the trustees and slgned on Its behalf by This report was appfoved by the Executive Comrnittee on and Signed on their behalf. Mr Molrl Ali Ichaiitnanl Date.. Mr Hu5sain Ahtned (General Secreta I Dale: 2 Page60112
Accountants, Rèport To the Trustees of MADANIA WELFARE TRUST FOR THE YEAR ENDED 31 JULY2025 We report on the accounts lor the ye8r ended 31 Juty 2025 set out on pages 8 lo 12 which have been prepared under the histofical c05t convention and the accounting policies set out in note 1 to the financial statements. Respective Rcsponsibililics of Tru5tec5 and Accountants As deseribcd on page 5 fhc INstees are responsible for the preparation ot tlie financial statements, and Ihcy ronsider tliat th¢ trLlSt is exeinpt froEn an aiidit. It 15 our responsibility to Carry out procedures d¢sign¢d to enable us to report OllT opinion to you. Basis of Opinion We conducted our work In accordance wlh the Slalement ol Standards lor Reporhng Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, 8nd making such limifèd enquiries of the Iruslees and officers as we considered necessary for the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinion In our opinion.. lal The accounts are in agreement the accounts.ng records kept by the chaiity under the requirements ol the Statement ol Recommended Practice- Accounting and Reporting by Charities.. Ibl Having regard only to, and on the basis of. the inlomiats.on contained in thoso accounts" 111 The accounts have been diawn up In a mannei cons15tènt wth the accounting reouirements specified the Statement ol Recornmended Practice- Accounting and Reporting by Ch8ntlQ5. 8nd 121 The charity satisfied the conditsons for the exemption from an audit of Ihe aeeounts for the year specified in the Charities Act. 131 This unaudited Account we have prepa in acctsrdance with the Iigure. iriformalion and explanation we have received from the rnanagernenl ol the current committee. S6yLUICtrf AM ACCOUNTANCY SERVI 43 BEN JONSOM ROAD LONDON E14SA ES AM Accountancy Services 43 Ben Jonson Road London El 4SA Tel: 020 7790 6111 Date". .,1,7z, Page7of12
MADANIA WELFARE TRUST Statement of Financial Activities Ilncome & Expense Statement) FOR THE YEAR ENDED 31 JULY 2025 2025 Total 2024 Total Notes Unrestricted Restricted Incoming Resources Voluntsry income= Memebership lees For 8uilding IEducationl Pioiect For Qufbani Project Poor and Needy Proiects For Charities For Medical Project For Ramadan & Iftar Pitsiect All Other General Donations 88.857 88,857 89,844 other Incorne= Donations Via Gift Aid & Just Giving Total Incoml Resources 88.857 88.857 89,844 Resource5 Expended Direct Charltable Expenditure For Building IEducationl Project For Qurbani Project Poor and Needy Projects Payment to Charrties For Medical Project For Ramadan & Iftar Project Prinbng. p05tage, staiionery & Advetisement Telephone, fax and photocopies Rent. Rates and Servi charges Refreshments Volunteer Expensè5 Travel & Subsistence 58,121 12.272 58.121 12,272 17,500 85.577 113 37 1.OCX) 1,000 1,385 Direct chaiitable Ex enditure 71.393 71.393 104.612 Management & Admlnlstratlon Expenses.. Accountancy Advertising and promotion B8nk charges Legal & Professiofjal De reciation ement & Administration Ex 1.0 1.000 1,000 61 81 60 16 1.077 16 1,077 18 1.078 Mana enses. Totsl Re$ourtes Ex Ènded 72.470 72,470 105,690 Net Incoming R8source$ I Irosources expended) 16.387 16.387 -15,846 Nèt Movement funds for the period.. 16.387 16.387 .15,846 Total Funds Brought foN4ard 94.912 94.912 110.758 Balance at 31 Jul 2025 111.299 111,299 94.91 2 Paoe80112
MADANIA WELFARE TRUST Summary Income and Expenditure Account FOR THE YEAR ENDED 31 JULY 2025 2025 Notes Incorne Total 8xperFdilurè Net Surplus IDeficill lor the financial year 88,857 72,470 16,387 There were no recogni5ed oains other than those included in the Incorre and Expenditure Account for cuiient year. Page9of12
MADANIA WELFARE TRUST Statement of Assets & Liabilities l Balance Sheeti As at 31 JULY 2025 2025 NofE FÈxed Assets Fixture. Fittings and Equipments 89 Current Assets Cash at Bank & in Hand Debtors 38,625 80.000 116.625 Current Liabllities Amount falling due lo one year 5.415 NET CURRENT ASSETS I ILIABILITIESI 111.210 TOTAL ASSETS LESS CURRENT LIABILITIES 111.299 FUNDS: Brought Forward 94,912 ExcessllDeficill of income over expendiluie 16.387 Total Funds 111,299 The linanoal statements were approved by the Executwe Cotnmittee and signed on their behalf.. Mr Mofiz Ni Ichairpersonl Mr Hussain Ahmed IGeneral Secretary) Date.. Date. The Note5 on pages 10 10 12 form part of the financial slatemenls. Page 100112
MADANIA WELFARE TRUST FOR THE YEAR ENDEO 31 JULY 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basis of A¢counting Basi5 of aGcotJnling The Finan¢ial Statements have been prepared under the historical cost convention. as tnodified by the revaluation tsl Trrtain fixed assets and investments measure# at market value. The Financial Slaternents have been prepared in 8ccord2nce with the Financial Repotting Standard for Smallei Enlilies (effective January 20151, and the requirements of Accounting and Reporting by Chaiities: Statement ol RecoThtnefjded Piaclice applicable lo charilies preparing their accounts in accorijancè with the Finanaal Repothng Standard for Smaller Entities leffe¢b've January 20151 ISORP 20151. b. Grant$ Revenue grants are credited to Ihe Income and Expenditure account on a CeiVable basis. c. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in Incoming resources when they are receivable. except when the donors specify that they rnusl be usett in future accounting periods or donors, ¢Dnditsons have not been fulfilled. then the income is defeired. The income from fundraising ventures is shown 9ioss, wilh the associated costs included in fundraising costs. e. Resources Expended Resources expended are induded in the Stalement of Financial Activities on accruals basis, inclusive of any VAT that canntst be recoverad. Expendrture that is directly attributable to specific activitie5 has been inclu¢Jed in these cost categories. Where costs are attributable more than one adivity, they have been apportioned across the cost cateoories on a basis consistent wlh the use ol those r&sourc8s. l. Golng Concern Basls The financial statements have been prepared on the going concern basis, as In the opinion ol the trLJslees. there are no Issues aF151ng which would 51Jggesl any other basis as being mo appropriate. 9. Adrninistration Costs Administration expenditure includes all expenditu not d1Cl related to the charitabl& activity. h. Taxation As a charity. they are exempt from tax on income and gains falling within section 505 of the Taxes Act 1986 or s256 01 the Taxation ol Chaigeable Gains Act 1992 lo the extent that these ar8 applied to ils charitable objects. No lax charges have arisen in the Charity. l. Deweciatlon.. Depreciation is calculaled 50 as to wrile off the cost of an asset. less ils eslimated residual value. over the useful economic life ol that asset as follows". Fixture. Fitting and Equipment. 15 Q/0 on Reducing Balan method Page11 of12
MADANIA WELFARE TRUST FOR THE YEAR ENDED 31 JULY 2025 NOTES TO THE ACCOUNTS 2. FIXED ASSETS Fix1U$, fittin9s Improvemen15 builjing and con51rtIon At 01 Augusl 2024 Fixtures and fitting& Addilion At 31 JUFY 2025 105 105 105 105 DEPRECIATION Al 01 August 2024 Charge for the year At 31 July 2025 16 16 16 NET BOOK VALUE AI 01 Augusi 2024 A* 31 Jyty 2025 105 89 105 89 Net Surplus of the Financlal Year The excess ol expenditure over income is stated after charging". 2025 Accountants, rernuneration Depreciation 1,000 16 1.016 Debtors Loan given 80.000 Creditors and Acruals Interest Free Loan Accountancy 2.325 3,090 5.415 Fundslcapital 2025 Balance al 31 July 2024 94,912 Balance 811 Au9USt 2024 94,912 Excessl (Defiotl of Income over Expenditure 16,387 Balance at 31 July 2025 111,299 Page 12of12