Charity registration number: 1137016
BANGLADESH REGENERATION TRUST UK TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Bangladesh Regeneration Trust UK Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees' Report | 2—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Statement of Financial Position | 6 |
| Notes to the Financial Statements | 7—9 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 10 |
Bangladesh Regeneration Trust UK Reference and Administrative Details For The Year Ended 31 March 2025
Trustees
Charity Number
Principal Address
Independent Examiner
Mr Mohammed Ibrahim Ali - Chair Mr Mohammed Mostafa Hussain Mr Nazir Ali
1137016 113 Romford Road Stratford London E15 4LY
Askir Ali Chartered Certified Accountants Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY
Page 1
Bangladesh Regeneration Trust UK Trustees' Report for The Year Ended 31 March 2025
The trustees present their report and the financial statements for the year ended 31 March 2025.
Objectives and Activities
Aims and Objectives
BRTUK provides a platform for our donors and members to support some of the poorest people in Bangladesh, helping to alleviate poverty and assisting development within deprived and destitute communities. In addition to this, through our fundraising activities we engage in community support initiatives in the United Kingdom.
Our aim is to provide for the basic needs of people relating to the areas of livelihood support, healthcare and education in Bangladesh, including supporting emergency initiatives such as relief for those impacted by floods and the displaced Rohingya refugees in Bangladesh.
Our objectives are assessed annually based on where we see the greatest need and where we have the appropriate infrastructure in place to deliver services to those in need.
In setting our objectives, we look at guidance notes from the Charity Commission and discuss issues with other charities operating in a similar field in Bangladesh and other parts of the world. To further this transparency and accountability we have a recognised delivery partner in Global Unnayan Seba Sangstha (GUSS) based in Dhaka, Bangladesh, who are approved by the NGO Affairs Bureau of Bangladesh. GUSS liaise and co-ordinate major projects across Bangladesh. The trustees review and then approve the primary objectives on an annual basis.
Our current objectives are:
•To continue to manage and support the Principle Womens College in Kamalpur in Biswanath, Bangladesh. BRTUK has been financially supporting this college and will continue to do so until it can run itself financially.
- •Support approximately 30 gifted students currently, with the aim of expanding this programme across Bangladesh. This will be under our Student Investment Programme.
•Provide emergency livelihood support for cases identified by our representatives in Bangladesh.
-
•Provide health and medical projects identified by our representatives in Bangladesh.
-
•Support community initiatives in areas of health, education and livelihood in London, United Kingdom.
Achievements and Performance
Main Achievements Fundraising activities
The charity aims to organise three to four events a year to promote awareness and raise funds.
The events organised typically fall into:
•Fundraising dinners with guest speakers covering topical issues for British Bangladeshis.
- •Sponsored activities, taking volunteers for various events who commit to raise funds through sponsorship.
•General word of mouth and networking among extended friends, family and colleagues. We encourage everyone to donate via JustGiving, LaunchGood and other fund-raising websites.
•Our aim is to attract all people from all backgrounds with a common goal of supporting the activities of our charity in Bangladesh and potential future initiatives in London, United Kingdom.
During the course of each year, we aim for at least one trustee to visit Bangladesh, to observe the projects and validate expenditure on programmes. This is at the personal expense of each trustee.
Page 2
Bangladesh Regeneration Trust UK Trustees' Report (continued) For The Year Ended 31 March 2025
Financial Review
Financial Position
Funds in surplus
During the financial period 01 April 2024 to 31 March 2025 the charity raised £165,340 (2024: £98,555). The expenditure in the same period was £125,991 (2024:£86,861), the charity was left with a surplus of £39,349 (2024:£11,694) for the year.
The only assets held by the charity is the cash in HSBC bank account in the UK, the balance at 31 March 2025 was £61,599 (2024: £21,950).
Income
The charity does not distinguish its income sources; all of this is generated through donations direct to its bank in the UK or via crowdfunding website. Donations are mainly generated from a wide network of friends, family, colleague, local community and targeted businesses.
The charity also has no restricted funds, and there were none in the prior year.
Structure, Governance and Management
Governing Document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Organisational structure
As a charitable trust we have established a committee of the Charity's Trustees as the Executive Committee (the Committee). All members of this Committee have operating responsibilities and meet regularly to discuss issues and update on progress.
The Committee appoint representatives in the UK and in Bangladesh to manage and oversee the charity's activities in both regions. These individuals are appointed based on their fit, competencies and appropriateness given the challenging environment in Bangladesh.
At least one member of the Committee visits Bangladesh annually to verify activities on the ground and ensure that our projects and campaigns reach the intended beneficiaries. Operating in Bangladesh comes with its own challenges requiring additional care to ensure that we comply with changing government requirements, protect ourselves from bribery and corruption risks and ensure that we are politically and religiously neutral.
In order to accommodate this we have established a supporter base open to all political and religious affiliations to ensure that we have a common understanding within the communities where we are active.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Mohammed Ibrahim Ali Trustee 23/01/2026
Page 3
Bangladesh Regeneration Trust UK Independent Examiner's Report to the Trustees of Bangladesh Regeneration Trust UK For The Year Ended 31 March 2025
I report to the trustees on my examination of the accounts of Bangladesh Regeneration Trust UK (the Trust) for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Askir Ali Chartered Certified Accountants 23/01/2026 113 Romford Road London E15 4LY
Page 4
Bangladesh Regeneration Trust UK Statement of Financial Activities For The Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies EXPENDITURE ON: Charitable activities: 2 Charitable Activity Support Costs NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6 The notes on pages 7 to 9 form part of these financial statements. |
2025 Unrestricted funds £ 165,340 |
2024 Unrestricted funds £ 98,555 |
|---|---|---|
| (116,290) (9,701) |
(78,307) (8,552) |
|
| (125,991) | (86,859) |
|
| 39,349 | 11,696 |
|
| 39,349 19,993 |
11,696 8,297 |
|
| 59,342 | 19,993 |
|
Page 5
Bangladesh Regeneration Trust UK Statement of Financial Position As At 31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted funds |
Total funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 61,599 | 21,950 | |
| 61,599 | 21,950 | ||
| Creditors: Amounts Falling Due Within One Year | 5 | (2,257) | (1,957 ) |
| NET CURRENT ASSETS (LIABILITIES) | 59,342 | 19,993 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 59,342 | 19,993 | |
| NET ASSETS | 59,342 | 19,993 | |
| FUNDS OF THE CHARITY | |||
| Unrestricted Funds | 59,342 | 19,993 | |
| TOTAL FUNDS | 6 | 59,342 | 19,993 |
| On behalf of the board | |||
| Mr Mohammed Ibrahim Ali | |||
| Trustee | |||
| 23/01/2026 |
The notes on pages 7 to 9 form part of these financial statements.
Page 6
Bangladesh Regeneration Trust UK Notes to the Financial Statements For The Year Ended 31 March 2025
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The financial statements have been prepared under the historical cost convention.
The charity is a Public Benefit Entity as defined by FRS 102.
1.2. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
1.3. Incoming Resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
1.4. Resources Expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1.5. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
2. Analysis of Expenditure
| Charitable Activity Support Costs Charitable Activity Support Costs |
Activities undertaken directly £ - 1,114 |
Support costs (see note3) £ 116,290 8,587 |
2025 Total £ 116,290 9,701 |
|---|---|---|---|
| 1,114 | 124,877 |
125,991 |
|
| Activities undertaken directly £ - 2,922 |
Support costs (see note3) £ 78,307 5,630 |
2024 Total £ 78,307 8,552 |
|
| 2,922 | 83,937 |
86,859 |
Page 7
Bangladesh Regeneration Trust UK Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
3. Support Costs
| . Support Costs | |||
|---|---|---|---|
| General administration General administration |
Charitable Activity £ 116,290 |
Support Costs £ 8,587 |
2025 Total £ 124,877 |
| Charitable Activity £ 78,307 |
Support Costs £ 5,630 |
2024 Total £ 83,937 |
4. Average Number of Employees
Average number of employees during the year was: NIL (2024: NIL)
5. Creditors: Amounts Falling Due Within One Year
| . Creditors: Amounts Falling Due Within One Year | |||||
|---|---|---|---|---|---|
| Other creditors Accruals and deferred income . Movement in Funds Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 April 2024 £ 19,993 |
Income £ 165,340 |
2025 £ 1,057 1,200 2,257 Expenditure £ (125,991) |
2024 £ 1,057 900 |
|
| 1,957 | |||||
| As at 31 March 2025 £ 59,342 |
|||||
| 19,993 | 165,340 |
(125,991) |
59,342 |
||
| As at 1 April 2023 £ 8,297 |
Income £ 98,555 |
Expenditure £ (86,859) |
As at 31 March 2024 £ 19,993 |
||
| 8,297 | 98,555 |
(86,859) |
19,993 |
6. Movement in Funds
7. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
Page 8
Bangladesh Regeneration Trust UK Notes to the Financial Statements (continued) For The Year Ended 31 March 2025
8. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
Page 9
Bangladesh Regeneration Trust UK Detailed Statement of Financial Activities For The Year Ended 31 March 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations EXPENDITURE ON: Charitable Activities: Charitable Activity College & School Programme Cost Livelihood Support Schemes Family Support & Seasonal Initiatives (Ramadan & Qurbani) Rohingya Flood Relief Support Heritage Tour Programme House Building Scheme Charity Partnership Support Costs Fundraising Cost Insurance Advertisement Website Charges Accountancy and Legal fees Administrative Costs & Bank charges Sundries Programme Cost NET INCOME |
2025 Total funds £ 165,340 |
2024 Total funds £ 98,555 98,555 98,555 (10,520) (15,850) (33,400) - - (2,873) (13,164) (2,500) (78,307) (2,922) - - (1,250) (900) (1,165) (1,004) (1,311) (8,552) (86,859) 11,696 |
|---|---|---|
| 165,340 | ||
| 165,340 (9,000) (15,000) (28,500) (5,000) (14,200) - (38,450) (6,140) |
||
| (116,290) (1,114) (516) (252) - (1,200) (956) - (5,663) |
||
| (9,701) | ||
| (125,991) | ||
| 39,349 |
Page 10