Charity Registration Number.. 1123353 SHAHJALAL CENTRE 25 HALE STREET, POPLAR. LONDON, E14 OBE FINANCIAL STATEMENT AND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026
SHAHJALAL CENTRE CONTENTS OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Page Charity information Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Balance Sheet
SHAHJALAL CENTRE CHARITY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 STATUS.. To provide educational, sporting, leisure and arts activities for yOLtng people in the London Borough of Tower Hamlets. and to advance their education, health and wellbeing. To relieve poverty and distress among such young people through the provision of advice, guidance and counselling. TRUSTEES: Faruk Ahmed Nadir Rahman Loni Miah Chairman Secretary Treasurer CHARITY ADDRESS 25 Hale Street Poplar London E14 OBF CHARITY NUMBER 1123353 ACCOUNTANT Consilium Intemational Certified Practicing Accountants Office Suile S7 The Vvhitechapel Centre 85 Myrdle Street London, E1 1HQ BANK DETAILS HSBC Bank PIC Cabbot Place London E14 Barclays Bank PIC Poplar London E14 Page 1
SHAHJALAL CENTRE REPORT OF THE TRUSTEES FOR THE YEAR ENDEO 31 MARCH 2025 The Trustees of SHAHJALAL CENTRE present their report together with the financial staternents for the year ended 3151 March 2025 PRINCIPAL ACTIVITIES During the year under review, the charity's principal activities comprised the delivery of not-for-profit educational programmes, advice and guidan servIs, and community-based support initiatives. These activities were undertaken to support young people and the wider community. promote education and wellbeing, and address issues of poverty and social disadvantage. TRUSTEES The Trustees of the charity who held office during the year were as follows.. Faruk Ahmed Nadir Rahman Loni Miah Chairman Secretary Treasurer RISK MANAGEMENT The Board reviewed the principal areas of the Charity's operations and considered the major risks that may arise within each area. In the opinion of the Trustees, the Charity has established appropriate controls, resources and review systems which, under normal operaling conditions, enable the identified risks to be managed and mitigated lo an acceptable level in the course of its day-to-day aclivits'es. FINANCIAL REVIEW In 2025, the Board have carried out a detailed review of Ihe charitable activities and produced a comprehensive strategic plan of the charity. The strong results for this year have demonstrated the value of the practice of monitoring progress against strategic plan. STATEMENTS OF TRUSTEES RESPONSIBLITES The Trustees are required by law lo prepare financial statements for each financial year which give a true and fair view of the charity and of the resulls for that period. In preparing those financial statements. Ihe directors are required to.. Selecl suitable accounting policies, and then apply them consistently. Make a judgement and estimates that are reasonable and prudent. Prepare financial statemenls on the going concern basis. Unless it is inappropriate to presume that the trustee will continue ils operations. Select applicable accounting standards, policies and then apply them consislently. The tnjstees are responsible for keeping proper acLounting records which disclose with reasonable accuracy al any time, Ihe financial position of thè charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINER The Independent Examiner, Consilium International have indicated their willingness to be proposed for re- appoinlmenl. This report was approved by the Board of Trustees on 215t January 2026 and signed on their behalf. Nadir Rah an (Trustee) Page 2
SHAHJALAL CENTRE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2026 The financial slalements laid out in this report have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by the Charities Commission issue in April 2015 and applicable Accounting Standards and Charities Act 2011. RESPONS181LITIES OF TRUSTEES AND EXAMINER The charity's Iruslees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 43 {21 of the Charities Act 1993) and that an independent examination is needed. It 15 our responsibility to.. Examine the financial Statement under section 145of the 2011 Act. Follow the procedure laid down in the general directions given by the Charity Commissioners (under section 145{5)Ib} of the 2011 Act and to state whether particular matters have come to my attention BASIS ON INDEPENDENT EXAMINERS REPORT The examination of the accounts was carried out in accordance with general dir8Ction 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. 11 includes consideration of any unusual items of disclosures in the accounts. Finally, obtaining explanations from you as Trustees concerning any such matters Telaling to the accounts. The examination also includes examination of any such matters of evidence relevant lo the account of disclosures in the financial slalemenls. 11 includes assessment of the significant estimates and judgments made in the preparation of the financial stalemenls, 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 Ihal would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT During the course of our examination, no matter has come to our attention.. Vvhich gives us reasonable cause to believe that in any material respect, the trustees have not mel the requirements to ensure that proper accounting records are kept {in accordance with section 130 of the 2011 act) and to prepared with which agree with the accounting records and comply with the accounting requirements of the act., To which, in our opinion, attention should be drawn in order lo enable a proper understanding of the accounts to be reached and to cause us to believe that the accounts do not accord with the records. OPINION In our opinion the financial statement as prepared give a true and fair view of the charity's stsle of affairs as at 31st March,2025 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.. 2110112028 Belal hme -Choudhury Bsc (Hon) ACPA Consilium international Certified Practising Accountanls Unit S7, The Whitechapel Centre 85 Myrdle Street, London, E1 1HQ Page 3
SHAHJALAL CENTRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Restricted Unrestri¢ted Total DONATIONS Members, Subscriplion & Donations 70.357 70,357 GRANTS East End Community 5,000 5,000 5,000 70,357 75,357 DIRECT CHARITABLE EXPENDITURE Community Events Charitable Activities 5.000 4,086 10,118 14,204 5.000 19.204 56.153 ADMINISTRATIVE EXPENDITURE Accountancy Fees Bank Charges Cleaning & Sanitalion Credit Card Charges Educational Materials Biiilding & Other Insurance Light & Heat Repair & Renewals Stationery and Printing Telephone and Inlernel 750 70 1,113 396 1,160 1,362 5,282 93 916 403 11,546 11,546 SURPLUS INCOME OVER EXPENDITURE 44,607 Page 4
SHAHJALAL CENTRE BALANCE SHEET AS AT 31 MARCH 2025 Total FIXED ASSETS-. Tangible assets 477,764 CURRENT ASSETS Cash at bank and in hand 255,486 733,250 CURRENT LIABILITIES Credilors falling due wilhin one year (8,173) NET CURRENT ASSETS I LIA81LITIES 725,077 Total assets less current liabilities 725,077 Creditors falling due after more than one year NET ASSETS I LIABILITES 725,077 FINANCED BY: Accumulated Funds bd Surplus I deficit funds for the year 680,470 44,607 TOTAL FUNDS 725,077 Approved bythe Board ofTruslees on.................... .and signed on their behalf by Faruk Ahmed Chaifman Page 5
SHAHJALAL CENTRE NOTES TO THE BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of Preparation.. The finanual slatements have been prepared in accordance with the Charities Act 2011. the Charities SORP {FRS 102) Accounting and Reporting by Charities, and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) The charity is a public benefit entity as defined by FRS 102, and Ihe financial statements have been prepared under the historical cost convention. Fund A¢¢ounting'. The charity maintains restricted funds, which are subject to specific restrictions imposed by donors or funders, and unrestricted funds. which are available for use at the discretion of the trustees in furtherance of the charity's objects'ves Income Recognition: Income is recognised when the charity has entitlement lo the funds, il is probable that the income will be received, and the amount can be measured reliably. Donations and grants are recognised when the charity becomes entitled to the income. Restricted income is recognised when receivable and applied in accordance with donor restrictions. Gift Aid and other recoverable taxes are included when the related income is receivable. Expenditure Recognition: Expenditure is recognised on an accruals basis and is allocated beeen direct charitable expenditure and administrative expenditure, as appropriale. Charitable expenditure includes costs incurred directly in the pursuit of the charity's objectives, together with an appropriate allocation of support costs. Tangible Fixed Assets: Tangible fixed assets are capitalised if their cost exceeds £500 and are stated al cost less accumulated depfeoation. Depreciation is provided on the following basis over the expected useful economic life of the assets. Land.. not depreciated Buildings.. not depreciated as the trustees consider they have an indefinite useful economic life Fixtur8s and fittings. 20°/0 per annum on the reducing balance basis Debtor5 and Creditors.. Debtors are recognised at the settlemenl amount due. Prepayments are included where payments relate to future periods. Creditors are recognised when the charity has a present obligation lo pay and Ihe amount can be measured reliably Going Concern: The trustees have assessed the charity's ability to continue as a going concern, taking into account forecasts and available Tesources, and are satisfied that the charity has adequate resources to continue in operational existence for the foreseeable future. Page 6