REGISTERED CHARITY NUMBER: 1150052 Report of the Trustees and Unaudited Financial Statements forthe Year Ended 31 July 2024 for BRITISH BANGLAWELFARE TRUST Muhit & Co Chartered Certified Accountants & TaxAdvSsers Unit 4 80A Ashfield Street E12BJ
BRITISH BANGLA WELFARE TRUST Table of Contents Report of theTrustees............................................................................................................ Independent Examiner's Report... St8tement of Financial Activities Balance Sheet..................................................................... Notes tothe Financial St8tements.......................................................................................... Detailed Statement of FinancialActivities................................................................... Page 2 of 13
BRITISH BANGLAWELFARE TRUST Report of the Trustees for the Year Ended 31 July 2024 The trustees present their report with the financial statements of the charity for the year ended 31 July 2024. The trustees have 8dopted the provisions of 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). Objectives and Activities Objectives and aims To prevent or relief of poverty byfinancial assistance to poor and needy. Public benefit The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefitwhen reviewingthe Trust's aims and objectives and in pLanning future activities and settingthe grant making policyfor the year. Achlevement and Performance Charltable actlvltles During the year the charity collected funds from shop s8les as well as don8tions from public. During the year the charity helped poor and needy people by providing financial 8SSiStance for housing, sewing, medical treatment, Education, flood victims and other charitable purposes. Flnancial Review Financial position The financial statements are set out on pages 6 to 13 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 St8ndard applic8ble in the UK and Republic of Ireland IFRS 102) (effective 1 January 2015) The Statement of Financial Activities shows a net surplus for the year of a revenue nature of £9,213, with net realised incoming resources of a capit8l nature of £Nil, resulting in a net overall surplus of £9,213. At the end of the reporting period, the tot8l reserves stood at £22,561. Structure, Governance and Management Governing document The charity is controlled by its governing document. 8 deed of trust and constitutes an unincorporated charity. P8ge3of13
BRITISH BANGLA WELFARE TRUST Rlsk management The trustees have 8 duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in placeto provide reasonable assurance againstfr8ud and error. Reference and Administrative Details Registered Charity number 1150052 Prlncipal address 196 The Grove London E151NS Trustees Asaduzzaman Masum Afruz Khosruzzaman Khosru Reference and Administrative Details Independent Examiner Muhit &Co Chartered Certified Accountants & Tax Advisers Unit 4 80A Ashfield Street E12BJ Approved by order of the board of trustees on May 29, 2025, and signed on its beh8lf by: Khosruzzam8n Khosru Trustee Page 4 of 13
BRITISH BANGLA WELFARE TRUST Independent Examiner's Report to the Trustees of BRITISH BANGLAWELFARETRUST Independent examiner's report to the trustees of BRITISH BANGLA WELFARE TRUST I report to the charitytrustees on my examination ofthe 8ccounts of BRITISH BANGLA WELFARE TRUST (the Trust) forthe year ended 31 July 2024. 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 Act and in carrying out my examination I have followed all 8pplicable Directions given by the Charity Commission under Section 14515){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 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content 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 8n 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 orderto enable a proper understanding of the accounts to be reached. Mohammed Muhlt UddlnACA, FCCA Muhit&Co Chartered Certified Accountants & T8x Advisers Unit 4 80A Ashfield Street E12BJ Nay 29, 2025 Page 5 of 13
BRITISH BANGLAWELFARE TRUST Statement of FinancialActivities Forthe Year Ended July 31, 2024 Amount In £ Notes From August 01, 2023, to July 31, 2024 Unrestricted Restricted funds funds From August 01. 2022, to July 31, 2023 Tot81 funds Total funds Income and Endowments From Donations Other trading activities Other income Total 18,250 30,566 9.750 28,000 30,566 14,364 36,627 48.816 9.750 58,566 50,991 Expenditure On Charitable actlvltles Charitable projects Other Total 13,408 26,195 39,603 7,250 2.500 9,750 18,088 31,265 49,353 16,068 22,945 39.013 Net Income 9,213 9,213 11,978 Reconclliation Of Funds Total funds brought forward 13,348 13,348 1,370 Total Funds Carried Forward The notes form part of these financial statements. P8ge 6 of 13
BRITISH BANGLA WELFARE TRUST Balance Sheet As on July 31. 2024 Amount In £ Notes July31, 2024 Total funds July31, 2023 Total funds Fixed Assets Tangible assets 2.992 3,520 Current Assets Cash in hand Cash at bank 413 14,040 20,469 Creditors Amounts falLing due within one year (900) (4,625) Net Current Assets 19.569 9.828 Total Assets Less Current Liabilities 22,561 13,348 Net Assets Funds Unrestricted funds Restricted funds 22,561 13,348 Total Funds The notes form part of these financial statements. The fin8nci81 statements were approved bythe Board of Trustees and authorised for issue on May 29, 2025, and were signed on its behalf by: Khosruzzaman Khosru Trustee Page 7 of 13
BRITISH BANGLA WELFARE TRUST Notes to the Financial Statements For the Year Ended July 31, 2024 1. Accounting Policies Basis of preparing the financial statements The financial statements of the charity, which is 8 public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1021 '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 IFRS 1021 (effective 1 Janu8ry 20191,, Financial Reporting standard 102 'The Financial Reporting Standard applicable in the UK 8nd Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historic8l cost convention. Income 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. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charityto 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. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. Tangible fixed assets Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. Equipment. fixtures and fittings- 15% on cost Taxation The charity is exempt from tax on its charitable activities. P8ge 8 of 13
BRITISH BANGLAWELFARE TRUST Fund accounting Unrestricted funds can be used in accordance with the charitable objectives atthe discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial ststements. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. 2. Other Trading Actlvities From August 01, 2023, to July 31, 2024 From August 01, 2022, to July31, 2023 Shop income 30,566 36,627 3. Trustees, Remuneration and Benefits There were no trustees, remuneration or other benefits forthe year ended July 31, 2024. Trustees, expenses There were no trustees, expenses p8id for the year ended July 31, 2024. Page 9of 13
BRITISH BANGLAWELFARE TRUST 4. Comparatives Forthe Ststement of Financial Activities Unrestricted funds Income and Endowments from Donations Othertrading activities Other income Total 14,364 36,627 50.991 Expenditure On Charitable activities Charitable projects Other Total 16,068 22,945 39.013 Net Income 11,978 Reconciliatlon Of Funds Tot81 funds brought fo8rd 1,370 Total Funds Carried Forward 5. Tangible Assets Equipment. fixtures and fittings Cost Opening balance Addition forthe year 6.400 Closing balance 6,400 Depreciation Opening balance Charged for the year 2,880 528 Closing balance 3,408 Net bookvalue At July 31, 2024 At July 31, 2023 Page 10of 13
BRITISH BANGLAWELFARE TRUST 6. Creditors: Amounts Falling Due Within One Year July 31, 2024 July 31, 2023 Other creditors 900 7. Movement in Funds At August 01, 2023 Net movement in funds 9,213 At July 31. 2024 Unrestricted funds Restricted funds 13,348 22,561 Totalfunds Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Restricted funds 48,816 9,750 {39,603) 19,750) 9,213 Totalfunds Comparatives for movement in funds At August 01, 2022 Net movement in funds AtJuly31, 2023 Unrestricted funds General fund 1.370 11.978 13,348 Total funds Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement In funds Unrestricted funds General fund 50,991 (39,013) 11,978 Total funds Page 11 of 13
BRITISH BANGLAWELFARE TRUST 8. Related party disclosures There were no related p8rty transactions forthe year ended July 31, 2024. 9. Presentation Currency The financial statements are presented in pounds sterling 1£), which is the functional and presentation currencyof the charity. Allfinancial information has been roundedtothe nearest pound. Due to rounding, the totals in some tables or notes may not correspond precisely to the sum of the individual items. Page12of13
BRITISH BANGLA WELFARE TRUST Detalled Statement of Flnanclal Actlv5t5es For the Year Ended July 31, 2024 Amount in £ From August 01, 2023, to July31, 2024 From August 01. 2022.toJuly31. 2023 Income Endowments Donation$ Donations 28.000 14.364 Othertradlnga¢tlvltles Shop income 30.566 36,627 Otherlncome Otherincome Totalin¢omlngre$our¢e$ 58,566 50.991 Expendlture Charltable actfvltSe8 Volunteercosts Grantstocharitable prolects 140 15,928 16.068 13.408 13.408 Other Rent 17,200 18,500 Support C08ts Management Advertisement Depreciation Unrestricted Equipment expense(J restricted fund Eouipment expense Expenses- Restricted fund Insurance Light and heat Other professional fees Postage and stationery Program cost Rates and water Repair and malntenance Sundry Telephone Volunteer costs 300 528 2.500 531 7,250 1,915 1,182 1,260 960 52 997 232 661 333 396 672 856 91 150 502 140 3,608 17,760 Finance Bankcharges 85 117 Governan¢e ¢osts Accountsncyand legalfees 900 720 Totalresources expended 49,353 39.013 Nètincome This page does not form part of the statutoryfinancial statements. Page13of13