Charity number: 1145333 Company number: 07705011 (England and Wales) CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED REPORTOFTHE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2026 Mibsons Limlted Chartered Certified Accountants 51 Coopers Road, Handsworth Wood Birmingham, B20 2JU
CONFEDERATION OF BANGLADESHI ORGANISATIONS {CBO) LIMITED CONTENTS PAGE FOR THEYEAR ENDED 31 MARCH 2025 Page Legal and Administrative Information Management Committee'sAnnual Report 2to6 Independent Examiner'8 Report Statement of Financial Activities Balance Sheet Not6s to th8 Financial Statements 10t0 15
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED LEGALANDADMINISTRATIVE INFORMATION FOR THEYEAR ENDED 31 MARCH 2025 Names of Directors. who are also known as the Trustees, forthe purposes ofthe Charity Law: Chairman Muhammad Abdul Hgnnan Deputy Chairman Muh8mmad Abdul Kahar Tr8asur8r Abdul Qaum Assistant Treasurer Mohammed Abdul Subhan Secretary Achaman Ullah CHIEF EXECUTIVE OFFICER Shabud UILah REGISTERED CHARITY NUMBER 1145333 REGISTERED COMPANY NUMBER 07705011 REGISTERED OFFICE Greets Green Resource Centre Harwood Street West Bromwich West Midi8nd8 B70 9JF INDEPENDENT EXAMINER Muh8mmad Shahid FCCA Mlbsons Limited Ch8rt8r8d Certified Accountants 51 Cooper3 Road Handsworth Wood Birmingham B20 2JU BANKERS CAF Bank 25 Kings HIIIAvenue Kings Hlll West Malling Kent ME19 4JQ The Co-Oper8tlv8 Bank PIC POBox250 Skelmersdale WN8 61
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED MANAGEMENTCOMMITTEE'SANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees. who are 81s0 Directors ofthè Charityforthe purposes ofthe Companles Act 2006. present their report alongwith the financial statements ofthe Charityfor the year ending31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practl¢e appllcable to Charlties preparing their accounts In accordancewilh the Fin8ncial Reporting StÉndard applicgble in the UK and R8public of Ireland {FRS 102) (effective 1 January 2015). STRUCTURE, GOVERNANCE AND MANAGEMENTOFTHE ASSOCIATION The Conf8d8r8tion of B8ngl8deshi Org8nis8tionB. a community and voluntsry organisation, was first established in 1985 under a constitutional document as an umbrell8 for Bangiadgshi organisations in the Metropolitan Borough of Sandwellto provide a collectlV8 VOIC8 for communicating community needs and providing representation, In April1993, the organisatlon became 8 registered Charity. On 14July 2011, the org8nis8tion formed a company known a8 the Confèderation of Bangiadeshl Organlsatlons {CBOI Limited I'CBO'I. On 1 April 2012. operations began through thls Llmited Company. The ch8rity 18 governed by Its Memor8ndum and Artlcles ofA8soclatlon. OBJECTIVES To promote the beneflt of the Inh8bltants of Sandwell, wlth partlcuiar attention to occommodatlngthe charitable needs of Indlvlduals of Bangi8deshl descent, by: a) Advancing education.. bl Relieving need, hardship and di8tres8; end c) Rèli8vlng or preventing poverty To promote, for the beneflt ofthe Inhabltants of Sandweu and the surrounding Brea, the provlslon offaclutles ft)r recreatlon or oth8r lelsure actlvltles lor Indlvidu81s who need such fecilities du8 to thelr youth, age. Inflrmlty, disablement. financial hardship, or soci818nd economlc circumstances, or for the 8en8ral public In the inter8St of $oci81 welfare and with the aim of improving. the condition of Ilfe of the said inhabitant8. To develop the capaclty and sk1118 of the members ofthe 8OCi8lly dlsadvantaged Communlty ofthe Borough of Sandwell In such a waythat they are better able to id8ntifyand help meet their needs and lo partlclpate more fully in soclety. To promote such other charitable purposes as are excluslvely charitable underthe laws of England and Wales as may be determined byth8 trust68s. ACHIEVEMENTS AND PERFORMANCE Key Achl•vemant8 2024-2025 CBQ is contlnulng to provide the vit818ervic8S to our communitie8 in the current diff icult 8nd competltlve envlronment, faced with many challenges, Includingfunding and a rise in demand and expectations. We are also very proud of our one-stop shop holistic approach. almingio provide a wraparound service for families 88 well as providing physical SP8C8 and resources as a Gommunity hub. Our 3 key strategic objectives: Dellverlng great s8rvlces + Innovation and Growth S Ensuring Confederation of Bangladeshl Organlsatlons contlnuos to be strong and effectlve.
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED MANAGEMENT COMMITfEE'SANNUAL REPORT FOR THEYEAR ENDED 31 MARCH 2025 Our prograrnme activitles Included: Earlyye8rs- Nursery provlslons. Education & lifelong learning. Employment & enterprise. Anti-povety- Welfare right8. inform8tion, advice &guidance. Health & wellbeing. Young people's 8ervices. Family Support Services. Citizenship & ¢ohesion. Soci81 enterprise and sustainability Summary of key achievements Includes. Soclal EnterprlselSu8talnablLIty CBO recognlses there are challengingtimés ahèad forvoluntary and community organisations, and atthe same tlme, damand for our services is increaslng, and the availability of funding and resources is reduclng. Worklng in partner8hip with key partners and 8takeholder8, including Sandwell MBC, CBO is developlng 8 self- sustalnabilily strategy, and we are pleased to secure planning 8pproval to develop the land atthe rear of Greet8 Green Resource Centre. and once developed It will gener8te 8USteinable regular Income for CBO, whlch wlll be re-invested back into the communlty for charitable purposes. Communlty Asset Transfer In recognition of CBO'8 achlevements and meeting Sandwell Councll's corporate objective plan, we are very delighted wlth the gener08ty of Sandwell Councilto award CBO a 99-year188se of Greet8 Green Resources Centre and 8urrounding18nds on a rent-free b8sIs. Sandw811 Council is one of our key partners and stakeholders, and CBO will continue to develop and gnh8nce partner8hlp workingto b8neflt the Ioc81 residents. Improved outdoorfacllltleg GTeÈts Green Re80urce8 C8ntr8 18 able to offer a wlde range of outdoor sporting and recreationalfacllltle8 for all $e¢tlon8 of the communlty, includlng: Chlldren's playare8, MUGA (Multl-use Games Area), Outdoor gym and cornmuntygard8n area where people can growtheir own vegetables and soclallse. Bulldlng Brlghter Futur•8 (BBF) 5-yearfundlngfrom The Natlonal Lottery Communlty Fund Successfullydelivered the 5th year of the BBF project. The project alms to bring isolated BME communitiès together and build strong relationshlps in 8nd across communities. Actlvlties provided range from social, recreatlonal, 8nd health activities to advice, tralnlng and focused interventions offering 8 holistic approach. Care Servlc•8 - Advlce Programl Communlty Dav•lopment Focusing on welfare towork, our multi-disciplinaryteam c8n supportthe mostvulnerable and hard-to-re8¢h families to ensure they are supported to secure thelr entitlement and those able to work are supported to improve skllls and ultimately take control of thèir lives through securing employment, so take posltive steps out of the cycle of deprivation. Ouradvi¢eteam secur8d £1.2m in confirmed benefits. which equates to 8 £18 Increase In Income for local r95idents for each £1 of funding. Due to our positive reputation in th8 community, we are seeing clients from diver88 backgrounds, and only 46% 8re of BansdeshI origin. Looking ahead, the biggest challenge will bethe impact of the cost-of-living crisis in particularly on those who are already in povertywill bewors8 off. We will be workingwith key partners and stakeholders to support local residents. Budgeting and supporting ¢llentsto be more resilientwill enab18 US to overcome the challenges.
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO} LIMITED MANAGEMENTCOMMIThEE'SANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Green Gardan Communlty Nursery Our Nursery provision is growingfrom stren8th to strength. New Nur8ery provisions are another success of CBO'S abilityto drverslfy and meetthe changing demand and needs of the local community. Green Garden Nursery is registered with OFSTED and provides additional seNic8s complementingthe exlstingGGRC seNices. As well as meeting the growing need, our Nursery is gen6r8ting income. which is reinvested in delivering our core service8. Transformlng Greets Green Resource Centre into o one-stop shop/Communlty Hub Resource centre, Play arealMUG Outdoor Gymlcommunity Garden area- new build Nursery provision3- family centred provisionslfacilities. Implementatlon •nd emb¢ddlng a thematlc approach to 8•rvl¢• d•Uv8ry Focusing on Anti-povetyiAdvice and Communlty Developmentwith an ethos of weltare to work. Malntalned quallty marks, Includlng: Matrix OISC examptlon OFSTED PQASSO FINANCIAL REVIEW Resorve M8nagom•nt Pollcy Purpose: To empowerth8 Confederation of B8nglade8hi Organisations to pertonn re89Ne managementfor the purpose of meetingthe are88 of need and to initlate appropriate $olutlon8for development. Scopo: Voluntary organi8ations alwaysflnd dlfflcultle8 With sustalnable core funding and innovatlve Ideas. Many funderswlll only fund projects and b88r 80rn8 8dministratlon costs. Re8eNes can b8 used on anyentity, programme, proJe¢tor activitywithin the Confederation of Bangladeshi Organlsatlon8. The Confederatlons of B8ngi8d8shi Org8nisations is committed to sustalnable development and management pr8Cticesto support and enhance our activities and ideas in 811 areas of our oQani8atlon. We will ensure th8t rèserve management is an integral part of our decision-m8king proc8SS88. Our policy Is to malntBln free reseNes of between 3 and 6 months of unrestrlcted expenditure. The b81ance at 31 March 2025 of unrestricted reserves w8s £45,073, which is in lino wlth the policy. To achieve thls pollcy, we will adopt a structured management approach to minlmlse adverse outcomes in 811 our activities, particularly In safeguardingthe well-being of our organis8tion. We will identifyand take adv8nt8ge of opportunities as well as mlnlmlse adverse effects. Designated Funds: The Designated Funds are held wlth the purpose ofr. (a) (b) Ic) Purchase of 8- 10 Carters Green. Growth and Sustainability Fund. Land held for development atwood Lane. Restricted Funds: The Restricted Funds are held with Specific restrictions put in place on each separate one held. Further details ofthese can be found in noté 1 (il.
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED MANAGEMENTC0MMIEE'SANNuAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Rèsponsibilities: The Chlef Executlve Offlcer is accountable to the Management Committee. In particularto the Treasurer, forthe implementation of the reserve policy. However, all Programme Leads ofthe organisation are responsible for managing budg8t5 in their own activities. It is the responsibility of each Programme Lead to ensure th8t reserve man8goment is undertaken at the beginning of every project or as n8W 8r88s of operation are initiated. Process: A Systematic reseNe management process wlll Include establlshlngthe need, identifying reBerve8. a88es8ing risks, treating risks and ongoing monitoring and evaluatlon. Monitorlngand Rovl8w: The Management Commlttee will monitor and reviewthe implementation of the reserv8 m8nagem8nt. Thg Chief Executive Officerwlll facllitate the implementation of the resen48 management and report on its implement8tion. Rlsk Managemont Pollcy Purposo: To empowerthe Confederation of Bangladeshi Organisations to perform perlodlc rl8k assessment8 forthe purpose of determlnlng 8re88 of vulner8 bility and to Inltlate approprlate solutlons. Scop•: Risk Management can be conducted on any entity programme. projects or activities wlthin the Confederation of Bangladeshi Organlsatlons. Pollcy: The Confeder8tion of Bangl8de8hi Org8nis8tion8 is committed to good risk management practlces to support and enhanoe our gctlvlties In all areas of our organisation. We will ensure rlsk management is an Integral part of our declsion-maklng proce38e8. To achieve this pollcy, we wlll 8dopt 8 structur8d rlsk management 8ppro8ch to miniml$8 gdver$8 Outcomas in 811 our 8Ctivitl8s, particularly in safeguardlngthe health, safety and w8ll-b8lng of our member8, volunteers and the general public. We will Identlty and take advant888 of opportunitie8 a8 well as minimi88 adverse 8ff8Ct8. Rlsk8rrhreat$ to tha Organl8atlon: Failure to attract new members or retaln memb8rs. o F8ilure to obs8rv8 relevant legislatlon or the Constitution in the administr8tion of the organisation; o Failure to Eener8te adequate funds to support programme8: o Over-commltment ofthe Org8nisation to high-cost projects. Failure to observe safe work practices on community projects, 8nd8ng8ring m8mbers, oth8rvolunteers orth8 general public; Failure to observa r8lev8nt legislation in the programme8 run bythe Org8ni8ation. Counteractlng Rlsk8lThre8ts to the Organlsatlon: Well-structured, strateg1¢ obJectlves, pollcy and management lead services; Acting as a window of opportunity towards empoweringthe community to take rational action; IntroduGtlon ofthe organlc regener8tion concepts and strategies; Introduction of diversity, cohesion and incluslon in service deliveryi Strengthening local people's control over their local improvement plan: Influencing the building of a sustainable and vibrant Ioc81 community18e¢tor: Joiningtogether communlty-based and mainstream services: Grgater partnerships with m8in8treem providers" Encour8ging greater Active Citizenship and community self-confid8nc8; Moving forward systematically to tackle local deprivation.
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED MANAGEMENTCOMMIThEE'SANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 Funds Funds held 8t 31 March 2025were as follow8:. Unrestricted funds Designated funds Restricted funds £45,073 £686.478 £40,458 Independent Examiner Mibsons Limited have expressed thelrwlllingness to continue in office as independent examiner. and a resolutlon to re- appoint them will be proposed at the forthcomingAnnual General Meeting. On Behalf of th8 Man8gem8nt Commlttee Muhammad Abdul Hannan Chalrm8n 4U)..£edRnthd ao2 r
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES FOR THEYEAR ENDED31 MARCH 2025 I report to th8 trust888 on my examination ofthe 9c¢ounts of the charitable company forthe year ended 31 March 2025. Responslbllltlel and ba818 of report Asthe charity Trustees, who are also directors forth8 purposes of company law. aro responsible forthe preparation of the accounts in ac¢ord8n¢e with the requirements ofth8 Companies Act 2006 {'the 2006Act'). Having satisfled myself that the accounts of th8 Company are not required to be audited under Part 16 of the 2006Act and are eligible for independent examination, I report In respect of my examination of your ch8rity's accounts carrled out under section 145 of the Chariti8s Act 20111'the 2011 Act'l. In carrying out my examination, I have followed the Directions given by thè Charity Commission under section 145(5)Ib} ofthe 2011 Act. Independont examlnerB statement Since the Charitable comp8ny's gros8 income exceeded £250,000, your examiner must be a member of 8 body listed in section 145 of th6 2011 Act. I conflrm that l am qualified to undertake the examlnatlon by vlrtU8 of my member8hip of Ihe A8soclation of Chartered Certified Accountants, which is one of the listed bodles. I have completed my ex8mlnation. I confirm that no matters have come to my attentlon In connectlon with the examin8tion givlng me cause to believe th8t in any material respect: 11 accountlng records were not kept in respect ofthe Company as required by 8ection 386 of the 2006 Act; or 21 the 8ccounts do not accord with those records; or 31 the accounts do not complywith the requlrements of $ectlon 396 of the 2006 Act, other than 8ny requlrementthat the accounts giva e 'true and falrvlew, which 18 not a matter con$id8red as part of an Independent examination; or 41 The a¢¢ount8 have not been prepared in accordance with the methods and princlples of the Statemenl of Recommended Practice for accounting and reporting by charlties 8pplicable to charltle8 pr9P8ringtheir account8 in 8ccord8nce wlth the Fln8ncig1 Reporting Standard applicable In the UK and the Republic of Ir91and IFRS 102}. I have no concerns and have come 8cross no other matters In ¢onnectlon with the examination to which attention should be dr8wn in this report in ord8r to énable 8 proper understanding of the accounts to be reached. Muhammad Shahid FCCA Mibsons Llmited Ch8rtered Certified Account8nts 51 Coopers Road, Handsworth Wood Blrmlngham, B20 2JU 5th September 2025 D8t8.....
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THEYEAR ENDED 31 MARCH 2025 2025 De8lgnated Unrestrlcted Re8trfctad Funds Fund8 Fund8 2024 Totsl INCOMING RESOURCES Incoming r&8ources from generatsd funds: Grants and Funding (Note 2) 177,540 37,500 215,040 257,912 Incoming resources from income genwatlon: Rentsl Income Nursery Income Interest received MlscelLaneous income 17,999 68,303 10,720 2,085 17,999 68.303 10,720 2,085 12,980 71,281 10,291 TOTAL INCOMING RESOURCES 276.647 37,500 314,147 352,464 RESOURCES EXPENDED Charitable Activities: Sal8r18s and National In8uMce (Not8 4) Traveliing Sessional wrkerS Rates and vrfater Light and he8t Insurance Communal Garden C8ncin& Telephone and internet Printing, postsge and stationery Repalrs and renewals Events, trlps 8nd 8ctlvStles Professional and consulting fees Sundries cleanlng Equlpment Independent Examiner's fee P8yroll fee8 Registratlon, accreditation and training fees Depreciation of improvements to property Depreciation of freehold property 143,594 292 1,645 1,016 5,183 1.989 1.994 2,907 6,060 6,807 10,098 2.518 943 550 1,800 227 978 1,344 30,000 308 1,875 173,594 600 3,520 1,016 6,492 1,989 1,994 2,907 6,060 6,807 13,632 6,518 943 550 1,800 227 978 15,627 10.000 169,784 600 3,605 1,063 5,058 1,680 1,599 3,160 4,628 11,931 18,779 16,623 1.435 1.566 2,280 1,309 3,534 4,000 953 15,627 10,000 14,283 10.000 10,000 189,945 55,309 255,254 270,857 NET INCOMINGI{OUTGOING) RESOURCES TRANSFERS BEIWEEN FUNDS NEf MOVEMENf IN FUNDS FUNDS BROUGHT FORWARD FUNDS CARRIED FORWARD 110,000) 100.000 90.000 596.478 686.478 86,702 (100,000} {13.298) 58,371 45.073 {17,809) 58,893 81,607 {1709) 58,267 40.458 58.893 713.116 772,009 81.607 631,509 713.116 The notes on pages I I to 18form part of these fin8nci81 statements. There were no recognised gains or losses otherthan those shown in the ststement offinancial activiti8S. Ther8were no discontinued operations duringthe above flnanc181 year.
CONFEDERATION OF BANGLADESHI ORGANISATIONS {CBO) LIMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 FIXED ASSErs 284,327 309.954 CURRENT A&8Ers Debtors and prepayments Bank balance 491,375 4Q6,172 491,375 406.172 CREDITORS:AMOUNTS FAWNG DUE WITHIN ONE YEAR Cr&Jitor8 3.693 3,010 NEfcuRRENT ASSEf8 487.682 403,162 772,009 713,116 FUNDS Re8trlcted Fund8 40,458 45,073 686,478 58,267 58,371 596A78 Unre8trict8d Funds Designated Fund8 772,009 713,116 The Ch8ritab18 company is entitled to exemptlon from audit under Section 477 of th8 Companies Act 2006 forlhe year 8nded 31 March 2025. The member8 have not required the companyto obtaln an audlt of it8 financial $tatement8 for the year ended 31 March 2025 In accordance with Section 476 ofthe Companies Act 2006. Th8 dlrectors acknowledge their responslbllltles for: 8} ensuringth8t th8 company keeps accountlng records which comply with Sections 386 8nd 387 ofth8 Companles Act 2006 and b) preparlng flnancial st8tementswhlch give a true and falrview of the state of affairs of the company as atthe énd of each flnanci81 year and of its prof it or loss for each fin8nclal year In accord8nc8 Wlth the requlrements of Sections 394 and 395 and which otherwlse comply with the requirements of the Comp8ni88 Act 2006 rel8tingto financial statements. so far as appllcable to the company. Thèse financial st8tements have been prepared in accordance with the speci81 provisions of Part 15 of the Companies Act 2006 relating to small Charitable companies. The Flnancial Stateménts Were approved on behalf of the Management Committe8 on signed on its behalf by: . and were ABDUL QAUM ACHAMAN ULLAH Treasurer Secretary The notes on pages Ioto 18 form part ofthese financial statements
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED NOTESTO THE FINANCIALSTATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (a) Bas15 of preparlng the flnanclal statements The financial statements of the charitable organisation. which Is 8 public benefit entity under FRS 102. have been prepared in accordance with the Ch8ritie8 SORP (FRS 102)'Accountingand Reporting by Ch8ritie8: Statement of R8commended Practice 8pplicable to charities preparingthelr 8c¢ount8 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRSI {effe¢tive l January 20151,. Fin8ncial Reporting Standard 102, 'The Financi81 Reporting Standard 8pplicablg In the UK and Republic of Ireland, and the Charities Act 2011. The flnancial statements have been prepared under the historical cost convention. Flnanclal Reportlng standard 102- Rodu¢od D19¢losuro Exemptlons The charity has t8ken advantage ofthe following disclosure exemption in preparingthese financial statements, as permitted by FRS 102'The Flnancl81 Reporting Standard applicable in the UK and Republic of IrelBnd': -The requirements of Section 7 Statement of Cash Flows. (b) Flxad 888èt8 and d•prnclitlon Fixed sssets are Inltlally recorded at cost, Grants receiv8d in respect of fixed 8SSÈtS are matched agalnst the cost In the year of acqulsltlon. Depreciation Is provided tor all t8nglble fixed 888et8 at rates calculated to wrlte off the cost on straight Ilne basls over thelr expected uselul economic lives 8s follows: Offlce furnlture and equlpment Property improvements of Greets Green Centre Freehold propety Land 33% stralght lin8 method 10% str8ight Ilne method 4% 8tralght line method not depreciated (c) Incomlng resources Grants recelvable are accounted for In the ye8r In whlch the Charity Is entitled to receipt. (d} Re•ource• expended Expenditure is included in the fin8nci81 statements on an accruals basls. Irrecoverable VAT 18 charged to the St8tem8nt of Financial Activitie8 (SOFA) as incurred. (•) Rogtrlctod fund8 Restricted funds are used for speclflc purposes laid down byth8 Donor. Expenditure which meets these crlterla Is chargéd to the fund together with a fair allocation ofthe management and support costs. {f) De8lgnat•d funds The designated fund8 are held wlth the purpose of". Purchase of 8-10 Carters Green Refurbishment ofthe Grèets Green Rèsource Centre forthe benefit ofthe communlty Bulldlng of Sorts and Community Hall New Land Purchased for Development Iv. (g) Operatlng lease rental• Rentals payable under operatlng leases are charged against income on a straight-llne basls overthe lease term {h) Penslon Pension p8yrnent8 to d9fined-contribution benefit schemes are ch8rg8d as an expense 98 they fall due. (l) Purpose of fundlng CBO is a charity r8gistered community organisation dependent on grant aid obtained malnly from the Loc8lAuthority. aswell as 8 number of other sources. Funds are based on successful proposals to d81iver Service5 identified byth8 Organisation and the people it serves. The purpose oflunds r8ceiv8d duringth8 y88r is as follow8: 10
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NATIONAL LOThERYCOMMUNrrY FUND (NLCF): Awards For All Fundingtowards the development of a community garden atthe re8r of Greets Green Resource Centre. BBF • Bullding Brighter Futures BBF complements the existing services at the Greets Green Resource Centre and creates e 'one-stop shop, for the dSverse community. Th8 aims ofthe prolect are to bring isolated BME communities together 8nd build strong relationships in and across communities. Activities provid8d range from social, recreation81, and health activities to advice. training and focused interventions offering a holisti¢ approach. Bulldlng Bètter Opportunitleg- BBO Brldge$- in partnership with Sandwell Consortium and Steps to Work and jointly funded by European Social Fund and Big Lottery Fund CBO is deliverlng employability 8ervices targetlng unemployed people ag6d 25ye8rs and over livlng In Sandwelland Black Country-wide Famlly Mattérs- in partnershlp with S8ndwell Consortium and Black CountryTog8th8r, and Jolntlyfunded by European Social Fund and Big Lottery Fund. CBO is d8liv8ringtsmlly 8UPPOrt and employability coursest8rgetlng unemployed people Ilvlng in Sandwell and B18ck Country wlde. Multlply- Government-funded program to help adult Improve their numeracy skllls. Appr•ntlc08hlp grant- Government employer Incentlve grant SANDWELL MEfROPOLITAN BOROUOH COUNCIL (SMBG): Coro FundlngiAdvlce- fund8 the Advice, Informatlon and Welfare Right8 Programme dellv6rlng quality advice on a wlde range of ereas includingwelfare beneflts. immigration. nationality, houslng, debt and other gener81i8t advice. Hollday play sch•me- funded to dellver the holiday club duringth8 hollday period forthe young children. Bettor Health Programmo-funded by Sandwell Public Health towards the dellvery of health-related 8Ctivlties. SHIP -Sandwoll H••lth Inequalltlos Pro¢rammo- Health and weubelng program addre88ing health inequalities affeotlng residents of Sandwell. CATS- Communlty ActlngTogethor- Project targeting disadvantaged communlties in Sandwell around community engagement and volunteering. COLTS- C08t of Llvlng Communltl88 Project- Outreach Cost of living Support progr8m for Sandwell Residents. SLN- Sandwell Learnlng Network-fundingtowards the dellvery of ESOL and languag8 courses. Klckitart Program- Government-funded scheme through Sandwell Councilto provide work placementfor long-term unemployed aged 16-24 year8 on Universal Credlt. CRF 50+ _ Employability projeet targetlng 504 CRF- Innovatlon grant-funding toward8 purchase of IT equipmentto support 50+ H•althy Llfe8tyle- Health 8nd wellbeing activitlestarg6ting BMEwomen. Cllmate Change Grant- Energy savinggrants around climate change. ESOL course payments- Funding towards languag8 courses. Small ProlectslMl8¢- Funding in re8P8Ct of Public Health Que8tionnaires. SMBC Reach and Connect- Fundingfor Health and Digital Literacy projects. SMBC-Advlce for Severe Mental Illness (SMI)-A pilot project providing advice to Sandwell residents who have been diagno88d with SMI. 11
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO} LIMITED NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 GRANTS AND FUNDING 2025 2024 Restrlcted: National Lottery Community Fund: Buildlng Brighter Futures 37,5(Ki 72,925 37,500 72,925 Unrestrlcted: Better Building Opportunities- Bridges D S Pilot & ESOL Holiday Play Scheme Grant MultSply Natlonal Lottery Communlty Fund.. Sandwell Lan8uage Network ISLN) Sllver Linin8 Skills for Sandwell SM8C-1Sandwell Consortium)- Better Mental Health Questlonnalres UKSPF- (Sandwell Consortium}- CATS SMBC- {Sandwell Consortluml- COLTS SMBC- {Sandwell Cons0rtiuml- SHIP SMBC - (Sandwell Consortium) - Small Projects/Misc SMBC- Isandwell Consortluml Advice for Severe Mental Illness SMBC- {Sandwell Consortluml QBC Ilcense relmbursement SMBC- Core Funding/Welfare Rights NLCF- Reach and Reconnect SCVO- Celebration Event SCVO- Mlcorgrant for Digital Survey Appren Apprentlceshlp grant 7,503 1,188 8,250 5,213 6,272 12,160 3,000 22,746 12,180 705 23,394 15,664 13,654 2,500 9,250 132 69,193 14,721 scrf) 228 1,900 1,299 16,511 16,894 9,057 68,986 19,427 177,540 184,987 TOTAL GRANTS 215,040,00 257,912.00 TAXATION The organisatlon Is a registered charlty and acordSn8ly is exempt from tsxation on its i ncome and gal ns where they a re applled for charita ble purpose5. ANALY515 OF EMPLOYEE COSTS 2025 2024 Salaries Social Security Costs Pension Costs 165,461 5.902 2,231 162,242 4,888 2,654 173,594 169,784 No Empl oyee recelved emol uments of over £60,000 during the yea r, The average number of full time equivalent employees for the year was 11 {2024: 111 12
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 RESOURCES EXPENDED The resources expended bythecharlty include: 202S 2024 Independent Examl ner's fee Depreclatlon 1.800 2,280 6 FIXED ASSErs Freehold Pro Land 8-10 and 1 Wood SL Carter8 Green Equlpment Office Fur. Prop. Imp. Greet8 Green Centre Totsl As ar 1 April 2024 Additions Disposals 101.479 250,000 12,211 199,789 563,479 As at 31 March 2025 101,479 250,000 12,211 199,789 563,479 DEPRECIATION As ar 1 April 2024 Charge forthe year Eilmlnated on dispo881 100,000 10,000 10,867 1,344 142,658 14283 253,525 25,627 As at 31 March 2025 110,000 12,211 156,941 279,152 NET BOOK VALUE As at 31 March 2025 101,479 140,000 42,848 284,327 A8 at 31 March 2024 150,000 1,344 57,131 309,954 7 SUMMARY OF NEfASSEfs BY FUND Re8tr5¢ted Fund8 Unre8tr1ctsd Fund8 De81gnatsd Fund8 Total Fixed assets Current assets Current liabilities 42.848 241,479 284,327 491,375 (3,693) 491,375 {3,693) Net assets 42,848 487,682 241,479 772.009 13
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CREDITORS:Amounts fallingdue wlthln one year 2025 2024 Accruals Pensions- NEST 3,268 425 3,010 Due within one year 3.693 3,010 RESTrICTED FUNDS At 01.04.24 Incomlng Re8ourc88 Outyolng R880urc88 At 31.0326 Tran8f8rn NCLF- B8F Flxed Asset- Leaming Hub.. SMB Early Years - Nursery Cap Veolia Environmentsl Trust Enovert Corrrnunity Trust 1,135 37.500 (41,0261 {2.391) 11.134 29,998 16,000 {2,783) (7,500) 14,0001 8,351 22,498 12,000 58,267 37,500 {55,3091 40,458 Flxed Asset - Learning Hub expenditure ha8 been capltaused 8nd depraciated over 1 Oyear8 10 DESIGNATED FUNDS At 01.0424 Incomlng R680urc88 Outyolng Re80urc88 At 31.0325 Tran8f8r8 B Fund - 8-10 Carters Green 134,999 Growth and Sustainabillty Fund 360,000 L&)d 8t 1 Wood Lan8 101.479 {10,000) 124,999 460,000 101,479 100,000 596,478 {10,000) 100.000 686,478 The refurbishm8nt of Greet8 Green Resource Centre was carried out in previous years at 8 Cost of £56.959. This amount Is wrltten off overthe 10 years of the188se of thg propertyatthattime. In Ilne wlth CBO'S self-sustainability obJectlve8, this fund18 created speclflcally to inv8St in generating and dlverslfying income and financlal stability. At a time of political and economic instability. It's imperative for charities to be financially sustainable In the long term, and therefore, this fund will enable CBO to continue wlth Its charitable objectives and deal with increasingly volatile financlal environments. Land at 1 Wood Lane is for the Development of apartments for the purpose of income generation foi the charity. 14
CONFEDERATION OF BANGLADESHI ORGANISATIONS (CBO) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2025 11 RESTrICTED FUNDS (COMPARATIVE) At 01.04.23 Incomlng Resourc88 tgoing Re8ource8 At 31.0324 Tr8n8fer8 NCLF Buildlng Brighter Futures Fixed Asset- Leamlng Hub: SMB Early Years - Nursery Cap Veolia Envlronmental Trust Enovert Community Trust 35,525 72,925 (107,315) 1,135 13,917 37,498 20,000 (2,783) (7,5001 (4,0001 11,134 29,998 16,000 106,940 72,925 {121.598) 58,267 12 DESIGNATED FUNDS (COMPARATIVE) At 01.0423 Incomlng Re8ourc88 (oIng R880urc8s At 31.0324 Tran8fer8 B Fund - 8-10 Carters Green 144,999 GroW(h and Sustainability Fund 300,000 Land at 1 Wood Lane (10.0001 134.999 360.000 101,479 60,000 101.479 444,999 (10,000) 161,479 598,478 13. MANAGEMENT COMMIThEE'S REMUNERATION No remuneration directly or indirectly, out of the funds, was paid or is payable forth8 yearto any Management Cornmittee rngmber orto any person or persons known to be connected with any ofthem. No reimbursement of expenses has been made or 18 due to be madeto any ofthe Management Commlttee in respect of the year. 15