COMPANY REGISTRATION NUMBER: 076T2657 CHARrrY REGISTRATION NUMBER: 1144944 BEANI BAZAR WELFARE TRUST UK Company Limited by Guarantee Unaudited Financial Statements 30 JUNE 2025
BEANI BAZAR WELFARE TRUST UK Company Umlted by Guarantee Flnanclal Statements Year ended 30thJune 2025 Page Trustees, annual report (incorporating the dirertorfs report) Independent examiner's report to the trustees Statement of financlal activlties {Including income and expenditure account) Statement of financial position Notes to the financial statements
BEANI BAZAR WELFARE TRUST UK Company Umlted by Guarantee Trustees. Annual Report (Incorporatlng the Dlrertor's Report) Year ended 30 June 2025 The trustees. who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 June 2025. Reference and adrnlni5tratlve detai15 Registered charity name: Beani Bazar Welfare Trust UK Charlty reglstration number: 1144944 Company reglstratlon number: 07672657 Principal office and registered office: 13 Senrab Street London El OQE The Trustees: Rahim Uddin (President) Dilwar Hussain (General Secretary) Mohammad Abdul ShafiklTreasurerl Kabir Hussain Suhel Ahmed Abu Ahmed 5onvar Shahed Ahmed Shamim Ahmed Zakir Hossain Badrul Haque Jubar Ahmed Mohammed Soaf Uddin Atique Hussain Zahidur Rahman
Mohammed Aminur Rahman Ali Ahrned Bebul Mohammed Iqbal Hu55ain Mohammed AkborHussain Ataur Rahman Almamuner Rashid Badrul Eslam Shahid The directors. who are trustees for the purposes of charity law, have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission. Company Secretary Dilwar Hussain Independent Examiner Mahbub Murshed AFA MIPA FMMT, ICPA (Fellow) 388-390. Romford Road London E7 8B5 Strurture, 8ovemance and management Governing Document The Charity is constituted as a company limited by 8uarantee and is therefore governed by its Articles of Association as adopted by a special re501ution passed on the 1st March 2011. Appointment of tnistees All members are requested to send nomination of trustees {director5} prior to the election day and are informed of the outgoing directors. Voting is by ballot and is supervised by two independent commissioners appointed by the board. rru5tee indurtion and training New trustee5 ore briefed on their legal obligation under charity and company law, the content of Memorandum and Articles of Association. the committee and decision making processes and recent financial plan of the charity. This ensures that new trustees are aware of the scope of their responsibilities
Organisation The board of trustees administer the charity. The board meets regularly and is assisted by a management committee which is elected by members to a55iSt the board in day to day operations covering religious funrtions. education of all age groups. supervising maintenance and renovation work. collection of funds and other matters arising from time to time. All the trustees and the management committee give their time freely and receive no remuneration or other financial benefits. Risk Monogement The charity trustees have considered the major risks to which the charity is exposed and have reviewed those risks and Steps have been taken to address those risks as follows: 11 Health and safety discussion at Board Meetings. 21 Financial policies and cash flow discussions with the bankers and frequent discussions wlth members. 31 Security and protection of property. staff. Volunteers. students and congregation with the police, security firm, and insurance brokers. Objertives and activities The main aim5 and objectives of the Beani Bazar Welfare Trust UK are to establish public benefit of the people in the United Kingdom and other deprived parts of the world. in particular but not exclusively for the benefit of the people from Beani Bazar in Bangladesh. Main objectives are in general, will be able to:. relleve poverty, advance education, relive sickness and to promote and protett good health. provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilitie5 by rea50n of their youth, age infirmity or disability. financial hardship or social circumstances with the objective of improving their conditions of life. development of trainin& employment and unemployment issues on educational issues that concern the local residents Achlevements and performance The trust has developed a number of projects and is offering following services: 1. Housing projert for rural areas In Bangladesh forneedy Feople. 2. Wonter dothes distributionfornee(ty people. 3. Award glven to talented students who have athiwed 8ood grades in GCSE'S, A Levels and Diploma's.
- Provlded financlal supportto poty students who We In desperate need for thelr treatment of life threatening di55eises. Flnan¢lal revlew The director5 reviewed the enclosed financial statements satisfied with the results and will be submitting a comprehensive strategic plan for charity. Charity has a bank account in Beanibazar. Sylhet Bnagladesh at National Bank Limited from where the expenses carried out locally. Plans for future perlods The charlty plans to extend their activities in Bangladesh in the future. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies, exemption. The trustees. annual report was approved on 23 June, 2026 and signed on behalf of the board of trustees bv: Dilwar Hussain- General Secretary
BEANI BAZAR WELFARE TRUST UK Company Urnited by Guarantee Independent Examlner's Report to the Trustees of THE BEANI BAZAR WELFARE TRUST UK Year ended 3 June 2025 I report to the trustee5 on my examination of the financial statements of THE BEANI BAZAR WELFARE TRUST UK I'the charitVI for the yearended 30 June 2025. Responslbllltles and basls of report As the trustees of the company land also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companie5 Att 2IXI6 {'the 2006 ACVI. Having satisfied myself that the accounts of the company are not reqUId to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the charitys accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 ACVI. In carrying out my examination I have followed the DitionS given by the Charity Commission undef section 145151{bl of the 2011 Act. Independent examlner's statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe: l. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or 2. the financial Statements do not accord with those COrds. or 3. the financial statements do not comply with the accountin8 requirements of section 396 of the 2006 Art other than any requirement that the accounts give a 'true and fairf view whlch is not a matter considered as part of an independent examination; or 4. the financial statements have not been PrePad in accordance with the methods and princlples of the Statement of Recommended Practice for accounting and reporting by charlties applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters in tonnertion with the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the unts to be reached. Mahbub rshed AFA MIPA, FMAAT, ICPA (Fdbwl 23 June 2026 rd
BEANI BAZAR WELFARE TRUST UK Statement of Finanaal Activities for the year ended 30 June 2025 Total 2024 2025 INCOME AND EXPENDrruRE Incoming Resources 5.639 5.639 Nom21 fee Other Incon (Bank inter8Stfrc abroad) Total Incoming Resour 20.735 20.735 26,374 26.374 Resources Expended Direct Charitat4e Ey11[U 7,8,9 29,651 29,651 29.651 29.651 Total Resouros Expended Nel Irn)ming ReswThs kntt -3278 4.278 169.975 169.975 166,697 166.697 FuTrJs at 30 JurE 2024 Funds at 30 June 2025 169.975 169,975
Statement of Financial Position as8t 30 June 2025 Total Total 2024 Fixed Assets TangitrI8 Assets Current assets Cash at Bank in hand Cth at Bank ar¥J in at08d 7.358 160,179 4,729 167,085 167,537 171.814 Cuntnt Liabilities ClitOrS.. anN)unts ta1r0 duewilhin one year 12 {8401 11,840) Net Cuent assets 166.697 Total assets legs ujrrent atlilIeS 166.697 169,974 Net assets 166,697 169,974 Accumulated Funds Restncted fund Unrestricted fijnd blfvAJ RestrKed fiJrKI Current year sulU(derl) Ne Resetve {dL kn exthay r*) Total Funds 169.975 169,975 (3.278) 166.697 169,975
BEANI BAZAR WELFARE TRUST UK Company Llmlted by Guarantse Statement of Flnanclal Posltion {contlnuedJ 30 June 2025 For the year ending 30 June 2025 the charity was entitled to exemption from audit under sectlon 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not qUired the Company to obtain an audit of its financial statements for the year in question in accordance with section 476- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These flnancial statements have been prepared in accordance with the provisions applicable to companies, subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on 23 June 2026, and are slgned on behalf of the Ix)ard by- Rahim Uddin President & Director Dilwar Hussain General Secretary & Director Mohammed Abdul Shofik Treasurer & Dirertor
BEANI BAZAR WELFARE TRUST UK Company Umlted by Guarantee Note5 to the Finan¢ial Ststements Year ended 30th June 2025 l. General Informatlon The charity 15 a public benefit entity and a private company limited by guarantee, reglstered in England and Wales and a registered charity in England and Wales. The address of the registered office is 20 Twyford Road, Ilford, England, IGI 2QN 2. Statement of ¢ompllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland {FRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2(X)6. Accountlng pollcles asi5 of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment propertie5 measured at fair value through income or expenditure. The financial statements are prepared in sterlin& which is the functional currency of the entity. Golng concern There are no material uncertainties about the charity's ability to continue. Dlsc105ure exernptlons No cash flow statement ha5 been presented for the company. Judgement5 and key sources of ertlmatlon uncertalnty The preparation of the financial Statements require5 management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectstlons of future events that are believed to be reasonable under the circumstsnces. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestrirted funds earniarked by the trustees for particular future project or commitment. Restricted funds are subjerted to restriction5 on their expenditure
declared by the donor or through the temis of an appeal and fall into one of two sub-classes: restricted Income funds or endowment funds. Incomlng resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity: it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are pplied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recogni5ed when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value Can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of serVIS is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent. in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expendtture includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates.. expenditure on raising funds includes the costs of all fundraising ctivities, event5, non-charitable trading activities, and the Sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitsble artivities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs a allocated to expenditure cate8ories reflecting the use of the resource. Direct costs attributable to a single artivity are allocated directly to that activity. shared costs are apportioned between the artivitie5 they contribute to on a reasonable• justifiable and consistent basis. Tanglble a55ets Freehold Property is not depreciated as it is maintained to such a standard that the estimated residual value is not likely to be less than the cost. Depreclatlon Depreciation 15 calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows: Fixtures and Fittings 15% stroight line Equipment 25 % straight line
Investments Unlisted equity investments are Initially recorded at cost. and subsequently measured at fair value. If fair value cannot be reliably measured. assets are measured at Cost le55 impairment. Listed investments are rneasud at fair value with changes in fair value bein8 recognised in income or expenditure. Investment property Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in income or expenditure. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tan8ible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis. Impalrment of flxed assets A review for indicators of impairment is carried out at each reporting date. with the recoverable amount being estimated where such indicators exist. whe the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testin& when it 15 not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination Is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Flnancial Instruments A financial asset or a flnancial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recogni5ed at the amount receivable or parable including any related transaction costs, unless the arrangement constitutes a financing transaction. where it 15 recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Defined contrlbutlon plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recogni5ed as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the
employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Umlted by guarantee The Company was incorporated as a comp3ny limited by guarantee and not having a share capital. Every member ofthe company has undertaken to contribute to the assets of the company, in the event of its being wound up while a member. within one year after teasing to be a member, an amount not exceeding £lOO. Oonatlon5 and legacles Unrestricted Fund Totsl funds 2025 Unrestricted Fund Total funds 2024 Donations Appea15 & donations 5.637 5.637 Investment Income Unrestricted Fund Totsl funds 2025 Unrestricted Fund Total funds 2024 Bank interest receivable Costs of ralslng donatlons and legacles Unrestricted Total funds Fund 2025 Unrestricted Fund Total funds 2024 Hospitality & caterin8 Investment management Costs Unrestricted Fund Total funds 2025 Unrestricted Fund Total funds 2024 BD Tax 3,659 3.659
Anatysis of support Costs Mosque Management Education Totsl 2025 Totsl 2024 Communications and IT General office Finance cost5 Governance costs 28.811 28,811 Support costs are allocated as appropriate on basis of stsff time. floor area and usage. 10. Independent examlnatlon fees 2025 2024 Fees payable to the independent examiner for". Independent examination of the financial statements 11. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 12. Other ¢redltors Includlng taxatlon and soclal securlty falllng due wtthln one year 2025 2024 Other creditors 1840 13. Analysis of charitsble fun(ts Unrestrlrted funds At i# July 2024 Galns Expenditure and Losses At 30th June 2025 Income General funds 169.975 26,373 29,651 (3,2781 166,697 Total Fund 166,697