Charity Registration Number: 1123353 **SHAHJALAL CENTRE 25 HALE STREET POPLAR LONDON E14 0BF _________________________________________________ FINANCIAL STATEMENT AND REPORT OF THE DIRECTORS/TRUSTEES FOR THE YEAR ENDED 31[St] MARCH 2024 _________________________________________** **RAHMAN & CO INCORPORATED EXECUTIVE ACCOUNTANTS 167 CANNON ST RD LONDON E1 2LX Tel: 020 7702 0562** ## **SHAHJALAL CENTRE** ## **CONTENTS** ||**Page**| |---|---| |**Charity Information**|**1**| |**Report of the Trustees**|**2**| |**Independent Auditors’ Report**|**3**| |**Receipt & Payment Account**|**4**| |**Balance Sheet**|**5**| |**Schedule of Fixed Assets & Depreciation**|**6**| ## **SHAHJALAL CENTRE** ## **CHARITY INFORMATION FOR THE YEAR ENDED 31[st] MARCH 2024** ## **Status:** To provide educational, sports, leisure, arts activities to young in Tower Hamlets. The relief of poverty and distress among such young people by provision of advice and counseling. ## **Trustees who held office during the year** Faruk Ahmed Nadir Rahman Loni Miah Fahim Ahmed Abdul Matin Chairperson Secretary Treasurer MC member MC member ## **Secretary** Nadir Rahman ## **Registered Office** 25 Hale Street Poplar London E14 0BF ## **Charity Registration Number** 1123353 ## **Auditors** Rahman & Co Incorporated Executive Accountants 167 Cannon Street Rd London E1 2LX ## **Bank** HSBC Cabbot Place, London E14 Barclays Bank Plc Poplar, London E14 1 ## **SHAHJALAL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[st] MARCH 2024** The Trustees of SHAHJALAL CENTRE present their report together with the financial statements for the year ended 31[st] March, 2024. ## **Principal Activity** The principal activity of the charity in the year under review was that of running a not-for-profit making educational activities, advice and community service. ## **Trustees** The Trustees of the charity who held office during the year were as follows: Faruk Ahmed Nadir Rahman Loni Miah Fahim Ahmed Abdul Matin ## **Risk Mitigation** The board has examined the principal areas of the Charity’s operations and considered the major risks which may arise in each of these areas. In the opinion of the Trustees the Charity has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations. ## **Results for the Year** The results of the period and financial position of the charity are shown in the annexed financial statements. The Receipt & Payment Account shows net surplus for the year of £58478. A review of the charity’s activities during the period covered by these accounts and trustees report is contained in the Annual Report, which is available from the registered office. ## **Statement of Trustees Responsibilities** The Trustees are required by law to prepare financial statements for each financial period which give a true and fair view of the financial activities of the charity and of its financial position at the end of that period. In preparing those financial statements the trustees are required to: a) Select suitable accounting policies and apply them consistently; b) Make judgements and estimates that are reasonable and prudent; c) Follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts; d) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity company will continue in operation. 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 financial statements comply with the charity legislation. 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. ## **Auditors** The auditors, Rahman & Co, have indicated their willingness to be proposed for re-appointment. Approved by the directors trustees on: 17/02/2025 and signed on their behalf by Trustee Name NADIR RAHMAN Signature 2 ## **SHAHJALAL CENTRE** Independent Examiner’s Report to the Trustee for the year ended 31[st] March 2024 The financial statements laid out in this report have prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ,Accounting and Reporting by Charities Commission issue in April 2015 and applicable Accounting Standards and Charities Act 2011. ## Responsibilities of the Trustees As the Charity’s Trustees, you are responsible for the preparation of the Financial Statements. The Executive Committee considers that an Audit is not required for this year (under section 144 (2) of the Charities Act 2011) and that an Independent Examiner is needed. It is our responsibility to: - Examine the Financial Statements under section 145 of the 2011 Act. - Follow the procedure laid down in the general directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act and to state whether particular matters have come to my attention ## **Basis of Independent Examiners’ Statement** The examination of the accounts was carried out in accordance with general direction given by the Charities Commissioner .The examination includes: - . A review of the accounting records kept by the Charity. - . A comparison of the accounts presented with those records made available. - . It includes consideration of any unusual items of disclosures in the accounts. Finally, obtaining explanations from you as Trustees concerning any such matters relating to the accounts. The examination also includes examination of any such matters of evidence relevant to the account of disclosures in the financial statements. It includes assessment of the significant estimates and judgments made in the preparation of the financial statements, and of whether the accounting policies are appropriate to the charity’s circumstances consistently applied and adequately disclosed. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. ## **Independent Examiners, Statement** In connection with our examination no matter has come to our attention: - (1)Which gives us reasonable cause to believe that in any material respect of the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act. And - to prepare accounts which accord with accounting records and comply with the accounting requirement of the Act have not been met or - (2)To which in our opinion attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Opinion** In my opinion the financial statement as prepared give a true and fair view of the charity’s state of affairs as at 31[st] March,2024 and of its incoming resources and their application in the year ended have been properly prepared with general direction given by the Charities Commissioner. ………………………………………………. Date 17/02/2025 **A T M Mujibur Rahman FCEA, MCMI RAHMAN & CO. Incorporated Executive Accountants** 167 Cannon Street Road, London E1 2LX. 3 SHAHJALAL CENTRE ## RECEIPT AND PAYMENT ACCOUNT FOR THE YEAR ENDED 31ST MARCH,2024 |RECEIPT
Members' subscription & Donation
Donation from Members & Community -Building Proj
GRANTS
East End Community
London Borough of Tower Hamlets
Canary Wharf Ltd
DEDUCT;PAYMENTS(EXPENSES)
Telephone & Internet
Light and Heat
Rent, Rate & Water Charges
Cleaning , Cleaning Matarial & Sanitation
Printing, Postage & Stationary
Building & Other Insurance
Publicity, Advertisement & Consultancy
Educational Materials for Community
Repair & Renewals / Decoration
Depreciation
Imam's fees and Expenses
Bank Charges & Interest
Accountancy/Audit fees
Environmental Project
Excess of Receipt Over Payment|Restricted
Unrestricted
£
£
9114
71079
10000|Total
£
9114
71079
0
10000
0| |---|---|---| ||0
90193
789
5796
1687
1320
182
1324
882
1470
855
29
12225
365
750
4041|90193
31715| ||0
31715|| |||58478| 4 SHAHJALAL CENTRE |BALANCE SHEET
AS AT 31ST MARCH,2024
FIXED ASSETS
As per Schedule 1
CURRENT ASSETS
Cash in Hand & at Bank
CURRENT LIABILITIES
Accountancy
L B Tower Hamlets
H M Revenue & Customs
FINANCED BY
Accumulated Fund on 01/04/2023
Excess of Receipt Over Payment during the year|£
750
5201
0|£
209592
5951|£
476829
203641| |---|---|---|---| ||||| ||||| ||||680470| ||||621992
58478| ||||680470| Chairman 5 SHAHJALAL CENTRE ## SCHEDULE 1 ## SCHEDULE OF FIXED ASSETS AND DEPRECIATION FOR THE YEAR ENDED 31ST MARCH,2024 |Land & Building
£
Balance on 01/04/2023
476713
Addition/Improvement
0
Depreciation 20%
0
Book Value on 31/03/2021
476713|Fixture &|Fittings
£
145
0
-29|Total
£
476894
0
-29| |---|---|---|---| ||||| |||116|476829| 6