BURDETT BANGLADESHI CULTURAL ASSOCIATION Charity Registration Number: 1148354 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 REPORTING ACCOUNTANTS: AM AGCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 Page l 0110
BURDETT BANGLADESHI CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 JULY2024 ONTENTS Pages Information of financial Statements Report 0¢ the Executive Committee Slalemenl of responsibilities of ihe Committee.. Independent Examinerfs Report Income and Expenditure Accounts Statement of Assets and Liabilities Notes lo the Accounts 9.10 Page2of10
BURDETT BANGLADESHI CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 JULY 2024 MANAGEMENT COMMITTEE CHAIR PERSON Kawsar Miah GENERAL SECRETARY Mohammed Abdul Rafi TREASURER Mohammed Shafiqur Rahman ADDRESS BBCA 6 Medina Place. Masjid Lane Off Wallwood Street London E14 7UD BANKERS Barclays Bank PIC Al Rayan Bank Lloyds Bank PIC INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL.. 020 7790 6111 hari 's Trustees.. Kawsar Miah Faruk Uddin Khan Mohammed Abdul Rafi Syed Mahbub Alam Chair Person Vice ch31r General Secretary A5S15lant Secretary Mtshammed Shafiqur Rahman Treasurer Abul Hasan Chowdhury Mohammed Ahbab Hussain Alaur Rahman Mohammad Abul Ka5him Ali Newaz Assistant Treasurer Education Secietsry Cultural Secretary Trustee Trustee Saim Uddin Trustee Harun Rashid Miah Trustee Aliakber Abdur Rahman Tiuslee Md Taj Uddin Trustee Page3of10
BURDETT BANGLADESHI CULTURAL ASSOCIATION REPORT OF THE EXECUTIVE COMMITtEE FOR THE YEAR ENDED 31 JULY 2024 The trustees present tlieir report and financial 5latements for ihe year ended ) l July 2024 -Fhe Truste¢s have adopted the provisions of tli¢ Stateinent of Recomniended Praclice (SORP) Ac¢ounling7 and Rcportiiig by Charitics issucd in 2005 ill pi-cpaTing tlie annual report and fiiiancial stateinents of tlie Charity- Legal Status: Charity: Registered with th¢ Charity Cominission, Charity Number: 1148354 Objects, Principal Activities and Organisation of the Charity The charity's objects are for the benefit of the inhabitants of London Borough of Tower Hamlets. and in pallicular members of the Muslim Minority Ethnic Cominunilies bul exclusively who are in hardship by.. a) Relieving, poverty, sicknegs and distress by tlirough the provision of advice and inlomiation lo the said inhabitant5 in need of such advice that may include welfare benefits, health and education. b) Advancing education in particular the provision of laiigu38¢ and other subject classes c) Providing or assisting in the provision of facilities for the recreation and the leisure time occupabon in the interests of s(Kial Welfa and the object of improving their condits'ons of life. To advanee ihe religion oflslam in aecordance with the doctrines &iid Tenels of tlie Suiini Sect ol. Islaiii. To advance ihe education of Muslims and Musliin childrcn in Conforinity willi the doctrines and beliefs of Ilic Sunni Sect of Islam. Organisation: A Mana¥einent Committee. Ihe members of whicli are trustees manages the affairs of th¥ charity. The Manageinenl Coiiimill¢¢ maiiages the business ol- lh¢ Charity including the paying of all expenses. Trustees: Trustees, who are all members of the executive cominittce, and who served diiring the year are set out on page 3. The trustees are elected at the Aniiual General Meeling. for meinbcrship of the Executive Commiiiee at)d serve unlil the end of the nexr Annual General Meeiing. where they can stand for re- election as Incinbers of the new Executive Coiiiinitlee. Page4of10
BURDETT BANGLADESHI CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 JULY 2024 STATEMENTS OF RESPONSIBILITIES OF THE EXECUTIVE COMhAITTEE Law applicable to charities in England & Wales require the Cornmiitee to prepare financial statements for each financial year that give a true and fair view of the charity's financia5 activities during the year L)f ils financial position al the end of the year. In pfeparing those Iinancial stalemenls, the Committee is required to.. Al Sele¢t suitable a¢¢ounling policies and apply them con51slently', Bl Make judgments and estimates that are reasonable and prudent". Cl State whether applicable accounting standards and stslements of recommended practice have been followed, subject to any departures disclosed and explained in the financial stalemenls., DI Prepare the financial statements on a going concern basis unless it is inappropriate lo presume that the Charity will ¢onlinue in opeialion. The Executive Committee is responsible for keeping accounting records which disclose with reasonable ac¢uracy at any lime the finan¢ial position of the ¢harity and enable them lo ensure that the financial sialements compty wth the Charities A¢1 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps Iof Ihe prevention and detection ol fraud and other irregulaiilies. INDEPENDENT EXAMINER According to the provisions of the Charities Act 1993, the Cowmittee has agreed that and audit is not reqUId for this financial year. However due to provisions of the same act an independent examiner is required. Transaction and financial position The Statement of Financial Acb'vities shows net SLirplus for the year of £138,906 and our accumulated funds stand at £921,675 in total. AM Accountancy Setvices carried out an independent examination of the accounts included in the repor This report, which has been prepared in accordance with the Statement of Recommended Pra¢lice ISORPI Accounting and Reporting by Charities issued in 2005. Approved by the trustees and signed on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Kawsai Miah (Chairman) Date.. 4 Decernber 2024 Mohamme(S Abdul Rafi (General Se¢retaryl Date.. 4 December 2024 Mohammed Shafiqur Rahman (Treasurer) Dale.. 4 December 2024 PageSof10
AceountAnts' Report To the Trustees of BURDETT BANGLADESHI CULTURAL ASSOCIATION We report on the accounls for the year ended 31 Jiily 2024 set oul on pages 7 10 1 O which have been prepared under the historical cosr convention aiid the accounting policie5 set oul in note I to the fit)aiicial stateineiils. Respective Responsibilities of Trustees and Accountants As described on pa(Je 5 the trustees are responsible for the prep<iration of the financiol statemeiits. and they consider that the triist is exempt from an audit. It is our responsibility lo carry oiiÈ procLdures designed lo enable us lo report our opinion lo you. Basi5 of Opillio Wc conducted our work in accordancc with th¢ Statement of Standards for Reporting Accountants, and so Qui- procedures consisted of comparin(F the accounts with the accounting records kept by the charity. and making such limited enquiries of the Iruslees and officers as we considered necessary for the purpose of this report. 'I'liese PTocedureg provide only the assuranc¢ expressed in our opinion. OpiThion In our opinion.. (a) The accounts are in agreein¢nt with the accounting records kept by the charily under the iequirements of the Statement of Recoinmended Praclice- Aecouiiting and Reporting by Charities. (b) Having regard only to, and on the basi5 of, the inforination contained in those ac¢ounts.' ( l ) The accounts have been drawn up in a manner consistent witli the accounting rcquireiiients specified the Stateinenl of Recommcndcd Practice- Accounting and Reporting by Charities, and (2) The charity satisfied the conditions for the exemption from an audil of the ac¢ounts for the year specified in the Charities Act. AM Accountancy Services 43 Ben lonson Road London El 4SA Tel.. 020 7790 6111 AM ACCOUN'I'A CY SEKVICES 43 BEN JONSON ROAD LONDON EI 4SA Dale.. 8 De¢emb¢r 2024 Page6of10
BURDETh BANGLADESHI CULTURAL ASSOCIATION INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2024 2024 Total 2023 Totsl Notes Unrestricted Restricted Receipts Volunta Incom• Donation & Contribution Sales of Calenders Donationd for Freehold Mosquelmaintenace Etc Other Income Students Collectionl Parents Contribution (Maktabl Profits from AL Rayan Bank HMRC JRS Grant (Furlough Paymenti Grant from Harca l Ulililie51 156,485 490 103.414 156.485 0 490.0 103,414.0 138,771 505.0 76,042.0 500.0 142,716.0 149,490 149,490.0 21.0 TOTAL INCOME 260,410 149.490 409,900 358.539 Less Payments Imam'l Care lakerfs wages and NIC Freelance teachers (Maklabl Freelance Im3m13rd Imam) Freelance Imam Rent & Service Charge Lighting & Healing Food and Refreshment Telephone and Inlernet Evenis and Activiti6s (Eid. Ramadan & Youth Projectll Repair5 and Maintenance Postage. Books. Prize, Stationeries & Cleaning Items Advertising l Leaflets, Calendersl Cultural and promob.onal c051s (Raffladan. Waagl Legal & Professional (Solicitors. Surveyor) Accountancy Depre¢iats'on Insuran¢e Bank Credit Card Chargesl Card Machines E5ection ExpenseslAGM Expense5 Printer HPIRent 24,674 2,800 12.933 11.216 4.142 29.686 1.532 18 2,647 7.765 8,148 1,425 7,830 24,674 145,172 12,933 11,216 4,142 29,686 1,532 18 2,647 7,765 11.970 1,425 7.830 21.583 126,171 14.361 10.110 3,928 28,229 1.079 930 2,640 5,164 8,729 1,929 6,450 3,785 1,000 4,638 355 4,164 670 1,654 142,372 (2nd Imam) Ilftar Foods) 3,822 1,200 4.638 367 2.197 160 822 1.200 4.638 367 2.197 160 822 TOTAL EXPENSES 124,200 146,194 270.394 247.569 NET SURPLUS IISHORTFALLI 136,210 3.296 139,506 110,970 Page 7 of10
BURDETT BANGLADESHI CULTURAL ASSOCIATION STATEMENT OF ASSETS AND LIABILITIES AS AT 31st JULY 2024 NOTE 2024 Fixed Assets Leasehold BLJilding Fixtures and fittings 800.000 26,280 826,280 Current Assets Cash at Bank (Current & Saving account) Cash in hand 98,510 2,945 101,455 Curront Liabillti&s Amount falling due to one year 5,460 NET CURRENT ASSETS I ILIABILITIESI 95,995 TOTAL ASSETS LESS CURRENT LIABILITIES 922,275 FUNDS: Balance B Income and Expenditure Account 782,7e9 139,506 Total Funds 922,275 Kawsar Miah Ichairmanl Date". 4 December 2024 Mohammed ShafiqurRahman ITre3surerl Date. 4 December 2024 Page8of10
BURDETT BANGLADESHI CULTURAL ASSOCIATION FOR THE YEAR ENDED 31 JULY 2024 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES The financial slalemenis have been compiled in accordance with the general diredion5 given by the Charily Commission and with the Statements ol recommended Practice Basls of Accountlng The accounts have been prepared under the historical cosl convention of accounting. b. Grants Revenue grants are credited lo the Income and Expenditure account on a receivable basis. ¢. Donations d. Depreciation on fixed assets is provided at the rates estimated lo write off the cost on reducing balance basis as follow5.. Fixture5, Fitting5 and Equipment 15% 2. FIXED ASSETS COST Fixivres and fittings Leasehold Building Total At 01 August 2023 Premium Paid Fixtures and fittings blf Addition IFixlure and Fittings) At 31 July 2024 600,000 200,000 800,000 30,918 30.918 30,918 800.000 830,918 DEPRECIATION Charge for the year At 31 July 2024 4.638 4,638 4,638 4.638 NET BOOKVALUE Al 01 August 2023 At 31 July 2024 30,918 26,280 800,000 800,000 830,918 826,280 3. ACCRUALS AND LIABILITIES Amount failing due wilhin one year Lighting & Heating Telephone HMRC- PAYE Accountan¢y 2,885 1.160 215 1,200 5.460 Page 9 of 10
4 Breakdown of Income Discriptions Unrestricted Restricted Friday Collections Donations by standing orderslcard Ramadan Collection Iftar Collection Box Donations Donation For Cultural Piograms Eid Collections Calanders Sponsorshipl Ramadan Timetable AIB I Sum up card Machine5 Parents contribution Imaktsbl Sndry Income Clothes Bank, Election Fees 100.049 30,804 3,135 1,678 6.172 100,049 30,804 3,135 1,678 6,172 11,274 2,825 11,274 2,825 149,490 149,490 548 548 Total 156,485 149,490 305,97S Total Income 156.485.0 149,490 305.975 0 Page 10of 10