Charity Commtsslon Registered number: 1139212 PROBASHI BALAGON&OSMANI NAGAR ADARSHA UPOZILLA SHOMITY Report and Financial Stattrnenls For the Year ended 31 March 2024
PROBASHI BALAGoNJsMANI NAGAR ADARSHA UPOZILLA SHOMrr REPORT AND FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 March 2024 Contents Page JI and Athinlstralve knfcimat¥)n Report ofthe Trustees
7 lTrJep8nd8nl EXine$ repyi StatenI of Financial Ath'wlies Balance she81 10 Notes fonning part of the financial sialemen15 11.13
PROBASHI BALAGONJ-OSMANI NAGAR ADARSHA UPOZILLA SHOMITY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Mah 2024 LEGAL AND ADMINISTRATNE INFORMATION OFFICERS AND PROFESSIONAL ADVISERS TRUSTEES MUP1AMD SHOFIK ULLAH MUHAMMAD ABDUL KUDDUS MUHAMMAD ABDUL HAKIM REGISTERED OFFICE 70 BROOMFIELD STREET LONOON E146BQ BANKERS HSBC BANK PLC EXAMINER A4CSL Accountsnts knmit& 1st Fbor North Westgale Fbu8e Hadow Essex CM2011YS CHARITY COMMissfoN REGISTERED NUMBER 1139212
PROBASHI BALAGONJQSMANI NAGAR ADARSHA UPOZILLA SHOIfflTY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 Mt*ch 2024 The Trustees, for the purp05e5 of Ihe Charitss Acl 1993 as amend41 &)d State[Tl ol Recommended Praclice ISORP) 2005, submit Iheir annual reportand finanual ststements For the Year ended 31 Maich 2024. The Trustees have &lopled the prO510S of the Statement of Recommended Praotice ISORPI'AcrA)unling and Rep)rts'ng by Charibes. issued in Deeaf 20D5 in prepating the annual report and ffinaniaal slalements ol the Charty. The Chanly is g)vemed by a Mem[aDdUm Artid8s of Association, CONSTITiJfioN AND OBJECTS OF THE CHARrrY The object for which Ihe charity is esiablished are parkularfy bul not exclusivdy, for Ihe benefits ol [tr8$ liwng in the Balagonj-osmani Nagar Upjilla regKJn of Banglale5h the des¢endan15 of Ihose per50ns living in the United ngdoM for the purpc>se as are. The reli8f of the Fxjy Iwing in Bgladesh and the Uniled lQngdom either gerallY individually through the prOVts of giants, Goods or Se, Reueation, Education. Healthcare Projects all the ne¢essary support d8sign&l lo enab indivLduals lo generate a Sustainab income and be safe sUffiGl Clossificatlon Whjt To relive )ver fiDarKid hthship Genera Charitable FI1rS EéucatK)n Traning The IAlvaThtsment of Health or Sawing of ¥85 CulbJfeNerite and ScierKe Childrenlyoung P Eldèrfylold Peoplè Pe(¢le 1h disailthes How Provides other finance. Organbzation The nam&J Iruslees haveservedthroughoul the Feriod. Appoinlmentcllwstees K% govemed ty the Trusl Detrj ofthe Charity. The ty)ard of tNstees is aulhoritrd to aptM)Nlt new trustees to fill vacanaes arrivlng through reygnaticn or death of exsling trustees.
PROBASHI BALAGONJQSMANI NAGAR ADARSHA UPOZILLI SHOMir( REPORT OF THE TRUSTEES Icontlnuedl FOR THE YEAR ENDED 31 March 2024 PLANS FOR THE FufuRE PROBASHI BALAGONJ-OSMANI NAGAR ADARSHA UPOZILLA SHOMITY 18 comiitted to using its resources in pursuit ol Itstharilae objects.11 is also commilted, hovww, lo rnaintaining a levelof reserves thali8 prudenllo meelongoing lia1ylilS, ffirAenl tri ensure that all ser¥e delivery comitrnents ¢an be ftl to wotecl Ihe long-tgrm fuhjre ol our oFeralions. PROBASHI BAL4GCdJ-OSMANI NAGAR ADARSHA UPOZILL4 SHOMITY reS@S Wicy seeks to bce Ihese priorits'es by holding a level of reserwes sufficienl to.. Engjre the availalIty ol suffieienl workthg fijnds in hand prOde a CUShn in case ol un8Xtd•J kjss of income lo enswe that servres can maintained Prowde snI funds lor an orderty w1ndinoTr in the evenlof a need io Cease aclvity Challenges.. We are looking for a better building that is conducive for our aCti&s, our challenge is to raise money for the purthase ol a permnI training building which can s1 £250,000 to tske care of al our &bwties. INCOME GENERATION The Charity has generated donathJn5 of only £&3,744 during the year 2024 compared to £12,370 in year 2023 . This includes difecl treffjsfers into ¢harty's acLxJunl. The organization is sb'll in a gorA1 pollv)n to maThag8 its costs RISKS Thg trustees have examined Ihfr major strakgic, buyness aThJ OFerationd risks lch Ihe Charity fa¢es and ¢onfim thot syslern$ have been establish8d io enabb regular reports to be pr¢UCe[I so th81 the necessary steps ¢an be taken to lessen those risths. RESERVES POLICY The Gharty is(J)mmitted lo using its resources in pursuit of its charitabk obi8cts.11 is aLs0 o)mmilted, however, lo maintaining a of reserves Ihal is prudent lo meet ongonig liath'lib'es, suffiuenl io ensure thalall delivery commitments can be met arhj lo pro the long-lerm tUre of ouroperations. Proba$hi BaSaMi-Osmani NagarAdarsha UF>)zilla Shomity r8ser¥es pslcy Seeks to balance these prKJrities by holdirKJ a level of reserves suffic1 to.. Ensure the availability of sufficient wcKking fvnds in hand. Provhle a ojshion in case ol unexpected loss of in(x)rne lo ensu that services can be maintained. ProvKle sufficient fijnds for an orderty winding-down in the event of a need k) cease acbvity. The trustees review the situal'on on a regular ba5 and tske imrwliate eorr&i've 8CtB)n as and when neLe5Sary,
PROBASHI BALAGONJQSMANI NAGAR ADARSHA UPOZILLA SkK)MtrY REPORT OF THE TRUSTEES Icontlnuedl FOR THE YEAR ENDED 31 March 2024 GOVERNANCE AND INTERNAL CONTROL A PA)wd ol Trust885 gov8ms th8 Charity. New Trustees $deCt by lh8 Board ol Trustees arhj gjbject to re-el.( ewy five y8ars. The Board ha$ a membership of three people, and another nw tru5te¢ is in the prc¢ess ol b8ing apw'nted, The Board meets Ihree bmes a yearlo agr88 koy tA)IVde¢i5iS, $elthestratsgyfor th8¢hty over809 its p8rbrmarbx. Al present the Board has mmIttee rTremtrs who are rgspon$iUe for the day-itrtsy ol the tharity. Ne& of the ¢omtrMllee members is b&ng remunerated. TnJ8tees rec£ive the handbook forTrusleEs prOded through the Charity Commission. Eath Tru$lee wll have an inducb'on prcgramme by otherTruslee5 and reGeive an infonllation pk on the Charity and ts fin0$. Beygnd this the Charitylollo the cc#Je ol wactice for goVerTran wryjuced by Ihe Govemance Hub, Company law requires the Trusle8s to prepare financid 51athents for finartid year. ilh the Ch1$ kt1993 as arrnded the systems ol intsmal control are designgj lo pT0e reasonab, bjl not at*dute, assurance against material mi55lateI kss. They indud8'. A strategK plan and annual budget appro¥wJ by the Trustees., fegulw nsIratiOn by ihe Trustees of finarKial r88uIts, In p11)JIar variar8 from dget., and oegthn of authority and segregation ofdulies.
STATEMENT OF TRUSTEES RESPONSIBILITIES IN RESPECT OF THE TRUSTEES, ANNUAL REpoirr AND THE FINANCIAL STATEMENTS Th& trustees reswnsible for pr8paring the Truslees, Amual Report and the anal statemgnts in accordan with appl89 law and regulations. CompaThy law Tequires the trustees lo prepare finala1 stslernents for each firwncial year in aCrdanCe wlh UK AUnting standards and applicable law (UK Generdly Accepbj Ac(J)unting Pracbcel- The financial statements are required by law to give a Iwe fair vyèw of ihe slat@ of affairs of the tharitable company and of the exeess of income over eypendibjre lor that WTiOd. In preparing Ihese finanud stalwllents, Ihe tsuste8s we requir&J to: Select suiLible ac¢ounb'NJ wleS and Ihen apply them con$i%lènl1y,' MakelgeMents and esllm8tes Ihal are reasonable and wuthl., state whether applicable UK Accounbng stdd$ ha been followed, subject lo any materid departures disdc>sed and ewained in the financ4al statemen15,' and prep the finanaal Statents on Ihe going eoKem basi% unless il i% inapproprrate to presumè that the Chwty wll ntinue in its tiVItieS. The trustees are reswJnslb keepiThJ proper a¢¢ounthng records that disc*)se with reasonatrA& al any Ime the finallal ptisition of the charitable company and enable them lo ensure that its fin(la1 statements comply vrilh the Charities Act 1993 as amended. They have gen8ral r8sp0n1bity for tsking such steps as are reasonably own io them to safeguard Ihe a55ets of Ihe charitsNe Company and lo prevenland delectfraud aNJ other irre9arlI18$_
PROBASHI BALIGONJSMANI NAGAR ADARSHA UPOZILLA SHOMI REPORT OF THE TRUSTEES {continued} YEAR ENDED 31 Mar¢h 2024 DISCLOSURE OF INFORTIoN TO EXAMINER The trustw heid offrn al the dale of approva oflhis Iwslees, rep nfirrn that, so far as Ihey are each aware, ther8 is no re¥t 1nfomiatic of vthich the ch'S examiner is unawarg,. and each trustee has taken all the steps Ihal he15he ought lo have t&en as a trustee to make hirnselll herself aware of any rdevanl infom)ation and to establish that Lhe Charity's examiner is aw8ro ol that inlormalijn. EXAMINER In line the provi8h)n exernpti in the Charities kl 13 as amended, the twsl decided lo appoint an examlner. whlc* wll review the accounts for the year ended 31 2024. In accordancewith this app)Inlmenl, AACSL Acct)untants Limited was apkx)mted as examin. Approv&J by the ard ofTwstees and SKJned on behaifofthe Board by.. Muhammad ul Kuddu$ on bohalf of the trust. Trustee 2210712024
Independent Examlnerfs Report to the PROBASHI BALAGONJ-OSMANI NAGAR ADARSHA UPOZILLA SHOMITY We ieport to the Irustees on the ey2minatKsn ol the a(ts ol Ihe Trust for the yearended 31 2024, %¥hich are sel out on page5 9 to 13. Responslbllltles and basis of report As the charity trusle8s of the Trust, you are responsible for the weparalion of the &Cnts in a¢¢ordanee the requirem8nts of the Charits'es Act 2011 Ilhe Arfl. We rewrt in respect of¢JJr ex8m1nali1 oflhe Trusfs amJnt8 fArried tyJl under sli0n 145 oflhe 201 l Act in lg out our examinalion. we have fcIlow all th8 applcable directions given by the Charity ComtMsM)Tr under Secti 14515llbl of Ihè A¢t. Independent examlnef$ $tatement We have completed our examination and confimi Ihal no material matters have come to our att8nliM li u)nntm th the examination giving us cause lo klieve Ihal in any material resp8cI'. 1. AccouThling records were not kept In respect of Ihe Trust as required by sKIKJn 130 01 lh& 1,. or 2. The amnts do not &cord wth lh rOrds. We haye no conM$ and have come no olher matters in COnntIon Ihe exarninakn b) whlc* attlI10n be drawn in this pCIt in order to enalAe a woper understsnding ofthe nts lo be rethd. Alc Accountants mI1 1st Floc North Weslgate House Harbw Essex CM20 1YS 22 July, 2024
srAIEMENf(%FJNAPXJAL ACIIVIIIE5 (Jncorporating an 110 and Eperylure Accourt) YEAR 31 March 2024 Lkn.restrlcted fvnds 2024 Fund5 Totsl Funds 2024 2024 Total Funts 2023 rneral Lbnat"ons Cther IrKome 25,266 8.477.97 25.266 B,478 2,683 9,687.00 370 RESOURCES ExpEED Cost of Gerong Fund5 Chariiable actyvldes verin 13,695 13,685 17,056 130 130 Wt inc{e1(0ULg¢Ing) rvJrCe5 19,929 19,929 {4,786) Total funds browht forward 8,1(K> 100 12,887 Total funds carrkd fotward 100 All incomlng resour are derNed from continuirKJ (ytratfions. The tharty Iws no (thÈr gains cf losses cther thèn tlwx reccNJnlsed In the Ststement of Finan(ial Athvths.
pRo5N1 LA<1)r-11M NifAR ADARSHA LFOZILLA SHrIy &4LAKE SHEr AS AT31 Mjrth 2024 2024 Totsl 2023 Totsl N4)tss £ CURRE ASSErs Lkbtors Cash at bank armj In 2,371 26,718 29,089 2,371 9,260 Currert abIlitieS Crlis.. amounts fallirrfj d within one year ICK) Uabiifaes CreditDf5: amounts falliro after one year 960 Current assets1(at41rtles) FINAKED BY: Unrestricted fuThts TOTAL FUN[6 28,029 For the ye8rending 31 Marth 2024, the Charlty was ents'lled lo exeVI1)n from audit un¢Jer section 47TI21 of the Companies A¢1 2006. The rnernbers have not qUired the cornpatry to obt14n an authl in Mydae 1h section 476 of Ihe Companies A¢t 2006. The trustees *no%dge Iheir re$pon%bilily for complying ¥Alh the fequirernenl ol the Companies Acl vnth reycl to accounting re¢d$ and the preparation ofats. The Accounts was approved by th8 Board of Tru$tees aThJ sKJned cffl tehaf of the PA)ard by.. Muhammad Ab1 Kuddus Trnslee 15 AugusL 2023 10
PROBASHI BALAGONJ.OSMANI14AGAR ADARSHA UPOZILLA SHOMirY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 March 2024 ACCOUNTING POUCIES Ba81s of pr6paratlon The statemen15 have been prep8r&l uNJ8r Ihe histor cost nVentIOn. The fiThanc48J statements have t prepared in OrdanCe with the Statement ol Rec£rfnmended PraGke ISIJRPI. 'Ac4)JJntiry and Rewting by Chties. 120051, Ihe Charity Act 1993 and UK acUnIg sdards. Cash flow ststomert UThYer FRS I the Charity ig ex8mpl from Ihe requirem1 to rAepar8 a cash fflow statem1 on the grouThJ5 that the charity is telow Ihe thre31K)Id speofied in Appendix 2 of the FRS1. Fund a¢¢ountlng General funds are unrestrthd fvJnd$ kthich are avai18tle lor use at th8 dis(xetion of the Trustees in furthera of the objectives of the Charity and whith have not b8en de8Jated for oth8r purp)se$. Restricted funds are fvnds whith are lo be uwj in &o)rdance with speryfic restrictions imposed by donors or which have been raised by the Charityfor parb'cularpurposes. The costs of raising and administering suth funds are charged againslthe specific fund. The im and w ol eath restrictaj fund are sel oul in Note 2. Invesknenl income gans we dthatsd to ts 4)proplat8 fund. In¢omlng reUrceS All ino)miw resour$ are induda in the Stat)11 of Financial Ac'eS ISOFAI when ihe Charity is legally entiled to the income the Jnounl C k quan1'fd with rea80nable The grant incorne %there related lo r[om)ance and S¢th¢ deliVerabS Unkn1 for as the Charty eams Ihe righl lo consideration by its perforrnanrE. IM)ere incom8 is ived in advan, its rEYognition is deferrbl and bncluded in cTrdilors. Where entillernenl ¢Xturs tfore Irome being received, the iicome is acc¥ued. Resources expend l exndIre is nted fN on an a(uuals ba&s has been dassffied under heaJings that aggregate all rnsts rdated to Ihe category. Lx)sts cannot ie attributed to partiojlw hdIng5, trY have been dlorad to &tivth"es on a basis consistenl Iwth Ihe use ol resources. Premises overhe&Js have been allrKaled a llwr baws and other o¥erheaJs have been aictated on the basis of the head count. Community project Costs ¥e Ihose costs Inrred direcuy in wpportofthe oblts ofthe Charity. The community [jeCte0St indudes olher support costs incurray in support of the objects of the Charity. Governance c)sls are Ih)se incurred in connecth)n wth governance arrangement of the chty, whith rdale lo the general running of the Charty and CJ)mpliance with ¢onslitulional stabjlcry requirements. The baS of albcation for support costs governaTh2 o)sts has been e*aintrJ li Note 3. li
FOR THE YEAR EPiJED 31 M•rth 2024 JtKcffiirvJ Rewr$ . &rEral Lxjnations 2024 Tctsl Funds 2023 Total Fund5 Uryestricted Restrlcted Funds FurMIs neral t*)nations Ckner Income 25,266 8,478 25.266 8,478 12 70 Resc1J$ ExpeThJed . Actsmties 2024 Tctsl Furmts 2023 Totsl FuTrJs Unrethrted Reslrlc Funds Futyjs Bank d)arges Charty tnterest tX)natlons Events & fjJnd raisiffj athMlJes VoluntEeT EnSes Member's &ter6e JnsurarKe publiaty 187 187 350.00 13,148 350 13,148 17,0 Resour5 nded- Gmman 2024 Total FuThJs 2023 Totrl Fu$ Unrestri(led Restricted FurMIs Funds Accountrncy Other professional fees 130 130 loo 130 130 loo ttbtors 2024 2023 This is made up as follows: Memter Loans 71 1 2371 Note 5. Cash at bank and in hand 2024 2023 Cash at bank Cash atlond 26,118 600 6,289 12
Credltors.. tslllrJ wnhin or£ ar 2024 TN5 up 8$WrS.. AccountrY Fees rknr5 (Loan) loo 2[ Nce 7. cred[5. $falling greater than ce r 2023 made up a5 1cl1% Ac£ourtsncy Fees Ctrr Iredknrs (Loan) 960 frlomert Infunts cynlrb) TrThJ eed Unrestrthd CrS frarts Pth 9 of rtassets by fw 2024 Totsl Funts 2023 Lknrlcted ReYTitted FLThIs Furxls Cash al baraThY kn haTh1 Cts rttassets I1W1"e5l 26,718 26.718 lkne l(L TRL6TEES REML14WTKI Trusw rtot anyeMrts arKI of pcKt werses were pDj ¢thYJfr y 12023.2024.. Eniii Nc*e 11. As a cowary, PRCHSHt Lrli. OSMANI P14C44R EtLUTIONTRLETi5 exrnptfrom tax rme aTh1 galr6 fallirvj wthin se£ton 505 of IheTaxes Att 1988 or $256 of the Taxation ol Chargeable Art 1992 10 ettlhatthese are appllth 10 its (knjects. l)tsx (harges habe arisen In the Ccfflpany. P)te 12. Catttrd Tl mate LThollhyJ partks are th2 dlrwtss. as stsled C pa 2. Note13. TAXATION PROBASHI BALAGONJ.OSMANI NAGAR ADARSHA UPOZILL4 sHCrry is a regkslered charity ald Is thus exempl from taxation of its intrjme and gains falling wilhin Section 505 of the Income and Cory(yatbn Taxes 1988 or &tion 256 oflhe Taxation of Chargeae Gains kt1992 to the extent thalthey we to ts tharitaNe objeth'ves. No tax charge has arisen ITr the year. 13