Charity registratlon number 1151816 Company registrallon number 080859e2 (England and Wal88) BANGLADESHI WOMEN'S ASSOCIATION LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BANGLADESHI WOMEN'S ASSOCIATION LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trusteas Ms Razia Satlar (Chairp8rson) Mrs Sayrun Nèssa (Treasurarl MrAlekAhmed Mrs Sabiya Yasmin Mrs Khabita Ali ner8k Rowley {sin¢e 26.05.2024) Mrs Syeda Khalun MBE (Principal staff) Charlly numbèr 1151816 Company number 08085962 R&glstered office Tipton Muslim Community Centre Wellington Road Tipton Wesl Midlands DY4 8RS
BANGLADESHI WOMEN'S ASSOCIATION LIMITED CONTENTS Pagg Report Including Directors. report Independent axamlner's report Slatem8nt of financial activities Balanc8 sha6t Noles lo the financial stat8m8nt8 8-13
BANGLADESHI WOMEN'S ASSOCIATION LIMITED REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Tru3tees present their report and fin8n¢ial stalemonts for the year ended 31 March 2025. The financial statemenls have been prepared in accordance with the accounljng policies set out in notes to th nanrial statements and comply with the 8WA's governing documents, the CompanieB Act 2Q06 & 'Accounting and Reporting by Charllles.. Statem&nt of Recommended Practlce applicable lo charitias preparing thelr acwunts in accordanc8 wlth Fin8ncial Reporting Standard applicable in th@ UK and R8publlc of Ireland (FRS 102} (effective 1 January 2019)" ObJectFves and a¢tlvltles The principle object of the Bangladeshi Women's Association {BWA) is to improve the conditions and quality of Ilfe for residents in fiplon and surrounding areas. This is dona through: 1. Tha pmmotion of racial harmony, 2. The rellef of financial hardship. 3. The advancemgnt of education. 4. The provision of racr8atlonal and lelsure a¢tlvilies, The Trustees have paid due regard ta guidance issu&d by tha Charity Commlssion in England and Wale8 in deciding what aclivit18s the BWAshDuld undèrtake. Hlstory The Bangladeshl Women's Assoclatlon IBWA) works in Tipton. Encountered with multlple deprivatlon, BVVA was establlshed in 1985 by a group of 8nthLAsiastic Bangladeshi women who wanted to rneet the social and 8(x)nomic needs of Ih8ir disadvanlag8d p88rs, young people, and famllies, Its unique genesis resulted in a cor8 advantage for the foundatlon of the assoclallon- it initiated its programmes ba56d on Ihe neads and issues understood by and experienced by communiti&s themselves, wher8 communltles are supported to lake the lead in id8ntifying and implementing local solutions. The BWA started its activities inilialty taking the issues of social axclusion, poor access to services. women's, and children's rights through a community regeneration approach. About Tipton Tipton Is one of six towns in Sandw&ll and contains the wards of Great Brtdge. Princes End and Tipton Green. According to Census 2021, the populatSon of Tipton is 44,125. 360/0 of the population are from ethnlc minorilie5. The picture of poverty in Tipton is one where there ar8 a significant number of families fracing deep seated poverty- being reliant on wglfara benafits, not being able to gel a job, heal th8ir home. pay rant. or buy th8 èsséntials for Iheir chlldren, Members of fipton families whom we have work6d with over the years have told us that they wake up evsry day facing insecurity, uncartalnty. and imposslble decisions about mon8y. The reality is, many in Tipton exp8rianca pov8ty and it is wasting Iheir potential, deprivlng Tipton economy of the skills and tslents of those who have valuable contrlbulions to make, Organlsatlonal B8118fs It is BWA'S perception that poverty is Created by many interconnected and interdependent problems. BWA bèllevas that the bonds betwaen these problems can only be broken, and development made truly Sustainable by addrèssing msny of the issues simultaneously. Most organisalions have chosgn to specialise their expertise in one or two areas, but BWA has relain&d ils emphasis on tho holistic approach. BWA believes il must work in all sectors of th8 dav8lopment con18Xt to be éff8Gtive and sustainable, and the community will only truly embra development il they themselves idenltfy thelr needs and lead the proc8ss of change. Tha BWA'S credentials in oommunity involvement is now widely recognis8d & many in the community s&¢tor are following its lead. Struclure, Governancè and Quallly BWA is a formally Constituted charity (No.. 1151816) and a Company Umited by Guarantee {No'. 080859621. The m8mber8 Df the Trustees, who are also the directors for the purpose of company law. and who seNed during and up to the date of signature of the financial slalements were= Ms Razia Sattar Ichalrpèrsonl. Mrs Sayrun Nessa
BANGLADESHI WOMEN'S ASSOCIATION LIMITED REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 (Treasurer),. MrAlek Ahm8d,. Mrs Sablya Yasmin. Mrs Kh8bita Ali and Mr Derek Rowley. 3WA's constitution of has glven Ihe supreme authority to the Board who approv& budgets and major policy amendments. The day-to4ay running is overseen by Syeda Khatun. Chief Executive Officer supported by a ta8m conslsts of community support officers and sessional work8rs. In r8lation to fundlng, the BWA has Its own financial manual and procedures. and th8 Board Is rasponslble for ¢ontrolling the budget, allocalion of overheads and for the preparation of financlal reports, Sincg 2013, BWA has maintained its Matrix Quality Standard for Informatlon Advice Guidance SeiC&s and conlinu8d to hold its accredilalion with th8 Offic6 of Ihe Immigralion Service. Partnérship Ngtworks As a leading & inclusive charfty, BWA works with several Gommunity consortiums in Sandw811 through its membership of the Inclusive Muslitll Actian NBlwork, Sandwell Consortium, and the Sandwell Advice SeNlce NeOrk. This has l&d to mutual b8n&fits includlng ralslng BWA'S image whllst InleraclinG Wlth the local community, develop and enhance relationships with networks, being included in joint projects and funding bids, boosting morale within workforce and giving everyDne the opportunity to sharé their skills with thelr peers, and making a r8al diff8r8nc6 to local pèople facing dlsadvantages and deprivadon, Achievements and Performance In the past foriy years BWA has developed into a cotmmunity organisalion of Stsnding and has b8en successful in building strong partnership working towards s8rvlng the totallty of community In mpton, not just BME residents. BWA is particularly proud of Its success In brldging the gap between the public sector & th8 communiti8s- bringing them closer together to create a 'win-win' salulion for those who are most disadvantagéd. The trustees are pleased to report that BWA conllnu8d to be comfflitted to Sandwell Councll's Vlsi¢n 2030 through planning, deslgn and dellvery of new, innovative, & exciting community development Se]CeS for the benetit of th8 most disadvantaged communilies. From 1, of April 2024-31, March 2025, BWA had 22,640 attendances for all setvicès deliver8d from th8 two community centres.. the fiplon Muslim Community Centre ITMCCI & Jubilee Park Community cent (JPCCI. Community services during the 2024-2Q25 FY Included: Project 01: Centre Management: BWA service5 are delivered from 2 community centres., the Tipton Musllm Community Centre and Jubilee Park Community Centre with TMCC supporting a great@r dlversity of Glients in terms of ethnic origin and JPCC representing a greater number of British & European clients. These centres have also been Iransformed into Community Hubs with acces8 to free ICT faciliti@s and community service8. Project 02: Achievements Gala 2024.. The BWA'S Five-year 2019-2024 Achi8vement Gala was a vlbrant c8l&bration of rèsillencè, empowerment, and community-led Impact. to mark a half-decade of Iransforrnative work, the event brought together 300 communlty members, parln8rs, and supporters to honor milestones in wellbeing and organisational enrichment. Gala provided an opportunity to provlda slort8s of impact. awards in recognition of volunteers, and partner organisatlons who championed BWA'S mlsslon, Project 03: Advlce. Information and Guldanco: BWA'S Advlce taam continued to provide support aoross welfare, immigration & general guidance. Residents are assisted in claiming Personal Independence Payment and other welfare entitlements, with staff also negotiating affordable debt repaymonts wlth lenders. Bllingual staff and volunteers offer language seNic8s includlng documant translation and Interprelalion via phone. video, and in-person appointm&nts, Additionally, the team delivers Level 1 immigration advice for straightforward cases such as entry clearance, laave to remaln, and citizenship. Project 04: Emergency Services Referrals: All BWA Community Support Teams Includlng Advice Team & Anti-Poverty Support Team continu8 to holp to connect thè most disadvantaged resldents Èspecially the elders and low-income families to emergency services provided by the local authorities, Collecting food and groceries and undertaking assessment, distribution. and colleclion of local Food Bank Provislon.
BANGLADESHI WOMEN'S ASSOCIATION LIMITED REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Project 05.. Wlder Detemiinants of Health & Wellbelng., Thls project responds to unmet communlty needs by addressing four key determinants of health- welfare rights advice including budgeting, energy support. and crisis grants. physical health activitie8 to promote wellbeing; mental health support to reduce isolation and build resilien¢e, gmbedding the Five Ways to W8llb8ing', and Initiatives that strengthen social connection and community cohesion through direct engagemenl and supported reforrals, Project 06: steps Towards Eradlcating Ppverty., The project team conlinued to support residents with Triage As5essment.' Understanding of families needlaspirations. Advice Information & Guidance.. Support wlth Income maximisation, debts & houslng Issues. Employablllty & Entrepréneurship.. Support with CV, Job Search & Application, Work Trials & Business Start-up. Literacy Workshops: flnanclal planning & debt management. Project 07: Food Parcel: Uslng Greggs fund, falr share dlslribution and discounted items BWA Anti- Poverty Support T8am continues to prepar8 and deliv8r 888ential food parcels to th8 most vulnerable members in Tipton and anyone experiencing e¢onomi¢ and or social deprivation. i.e., famllles requiring support from food banks or elders. Projèct 08: Dlgital.. Across the two communlty centres, BWA continues to provide digital connectivily and 18arlling for residents to access s@niic8s online, support the d6velopment of digital skills & enhance digital envlronmont by bringing local aulhorllies workforco und6r localls8d digltal flatforms to ¢onnect and serve the ¢ommunllles In need of dlgltal suppcrt, Project 09" Cost of Llvlng Support.. BWA'S c0stf-LIvlng Advlser offers In-person and oc¢asional digitsl support to help clients navigate socioeconomic challenges. They listen sensitivety, provid8 tsilored advic& using local resou$, and assist with referrals, letters, and negotiations. The rola includes malntaining records, updallng Advice Pro system. and attending relevant meetlngs to ensuro consi5tenl and informed support. Project 10: E8OL- BWA continued to provide ESOL courses for learners whose first language is not Engli8h. Leamers develop their reading, writing, listening, and sp8aking skills in the English language. and their knowledge of language13 Gourses per year). Project 11: P081tlva Actlvltl88 Youth Club Project.. BWA continuad to provide a warm, safe and friendly youth club 4 days a week for ycung people (boys and Glrls} glvlng them real power and ownership lo develop new skills, try out new Ihings and where their lalents and idiosyncrasies are appreciated and where they can hava and dgvelop a happlar and haalthier lifèstyla. Youth ¢lubs r9Gruited new young people as well as exjsting. Project 12: Think Sandwell Employment Team.. Think Sandwell team offers a range of recrultment sèrvices to amployers. One of the T8am's Employment Advisers operate from BWAS community centres- ensuring that the pton businesses & residents, beneffts from this unique service and receive the right advice, assistance and suitable training to guide them towards jobs and care8rs available within the borough. Project 13: Skills for Sandwell.. The Project 18am is helping resid8nts improv8 their skills and find mploym@nl through setwIc6s Ilke basic and digltal skills training, lob s&arch assistance, CV writing, and inteNiew practice with the aim lo help indlviduals overcome employment barriers and achieve sustalnable work. Project 14: Tipton Neighbourhood Network.. The Project empowers communities lo address loneliness through sustained volunleerlng. The projecl team supports rosldents lo bulld conflden¢e and acc6SS suitable volunteer opportunltles, gulde local organlsallons in recrulting volunteers, and champlon a collective voice for volunteering across Tipton. Project 15: Flnanclal Freedom for Women: The Project supports women to build financial resilienc8. Through a Financial Triage Assessmenl, participants access tailored servIS including welfare advice, debt support, linancial lit&racy. 6mployabilily skills and opportunity io prèpar8lshara affordable, Gullurally diverse meals to strengthen social tles. Project 16: Empower Me.. The Project supported Tipton residents affected by dnjg and alcohol misuse to build confiden, improve mental health, and strengthen so0eConOMiC resili@nce. Th8 tailored support includ&d a P8rsonal Welfare Triag& Ass8ssment to guid8 acc8SS to sèrvices such as 1-to-1 welfare advice, debt support, financlal Ilteracy, and employability and tralnlng. Partlclpants also engaged in the centre's 5- star CDmmunily kilch8n, fostgring social Connection and wellbeing through shar8d cultural, h8althy m881s.
BANGLADESHI WOMEN'S ASSOCIATION LIMITED REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Project 17: Communlty Allotmont.. BWA continued lo work wth volunteers and local agencies to prDvlde a Pogltivg, engaglng outdoor experien0¢ for people expedenclng or shoNving signs of low lovel of menlal ill health. Tha prolecl contlnued to provide outdoor activitles at an allolment site giving residents some much needed braathlng space. Project 18: Holiday AGtivitigs and Food HAF.. BWA prDvided supports school aged chlldren who are ellgible for banefll related Free School Meals to access healthy food and enriching actlvllles free of ¢hargg over th8 summer holiday perlod. Project 19: Community Funday 2024.. Hold at Vlclorla Park, the funday was a wonderful summer event wh8re 3000 people came together for a fun-fllled day- w1th falrgrounds rides. varlous cultural food stalls, bouncy castle, stage performance and car boot sale. CVS and publlc sector agen¢i$s also run consullallons and service information points. Flnanclal Revlew.. The attached financial 5tatemenls show a deficll of £3,677 for th6 year. It Is B WA'S policy that unrestricted funds which have not been designated for a sp8clfic use should be mainlaingd al a level equivalent to 6 month's expenditure. The Trustees consider that reserves al this level will ensurg that, In Ihe event of a significant drop in funding, Ihey will be able to continLie thg BWA'S acllv1tles whlle consideratlDn Is glven to ralse addilional funds. This level of reserves ha8 been m8intained throughout the year. The TTUStees have assessed the major risks to which the B WA 18 gxposed and are 8atlsfi&d those systems are In place to mTtigale exposure lo the major risks. We are therefore pleased to report that over811,' we ara gatisfigd that the Board is fulfilling its role very well and we retain confidence that the Assocl8tlon Is operating fully in accordance with its charitable purpose. Stat¢mpnt of Gratltude-. We linlsh by thanklng our staff and our volunteers for their resourcefulness, resilience and forbearance Ihroughoul the year and wo also thank our community members and partners whose support has proved more valuable Ihan ever. We 9xlgnd our heartfelt thanks to our key funders- Sandwell Council, the Natlonal Lottery Community Fund. Smallwood Trust, BBC Children in Need. Sandwell Cgnsortium and Greggs FounrJation whose generous sUPPOrt and steadfast commitment have been in51rumenlal in advancing our mission. This report has been formally approvgd by our Board of Truste&s. Ms Razia Sattar (Chairperson Dated- 30th October 2025
BANGLADESHI WOMEN'S ASSOCIATION LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BANGLADESHI WOMEN'S ASSOCIATION LIMITED We report lo the Trustees on our examination of the financial statements of Bangladeshi Women's Association Limited Ilhe BWAI for the year ended 31 March 2025. Responsibilities and basis of report As the Trustees of the B WA land also its directors for the purposes of company lawl you are responsible for Ihe preparation of the financial statements in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Acll. Having satisfied ourself that the financial statements of the BWA are nol required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. We report in respect of our examination of the BWA'S financial statements carrTed out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examin•r's statement Since the BWAS gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that we are qualified lo undertake the examination because we are a member of Chartered Certified Accountants, which is one of the listed bodies. We have compleled our examination. We confinn Ihat no matters have come to our attention in connection with Ihe examination giving us cause to believe that in any material respect.. accounting records were nol kept in respect of the BWA as required by section 386 of the 2006 Act.- or the financial statements do not accord with those records.. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is nol a matter considered as part of an independent examination" or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). We have no concerns and have come across no other matters in connecb.on with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the financial statements lo be reached. Nouman Shahzad for and behalf of Kaiser Nouman Nathan LLP 57 Alfred Street Biirllingham B12 8JP Dated.. 30, October 2025
BANGLADESHI WOMEN'S ASSOCIATION LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 UnroStrl¢ted Restrlcted funds funds 2025 2025 Totsl Total 2025 2024 Notes Total Income 82,014 393.910 475.924 512,645 Ex endlture on: Charitabl8 activities 70.219 409,382 479,601 415,023 Net (expenditure)Ilncom8 tor the yearl Nét movement in funds 11,795 {15,472} 13,6771 97,622 Fund balances at 1 April 2024 165,226 157,239 322,465 224,843 Fund balan¢es at 31 March 2025 177,021 141,767 318,788 322,465 The Statement af financial activities includes all gains and losses recognized in the year All incorne and expenditure derive from conlinuing aclivit188. Th8 Stat8m8nt of financial acttvlles also complies wlth the requirements for an income arid 8XP8nditur8 account undar the Companies Act 2006,
BANGLADESHI WOMEN'S ASSOCIATION LIMITED BALANCE SHEET ASAT 31 MARCH 2025 2025 2024 Notes Flxod assèts Tangible assels Current ass$ts Debtors Cash at bank and in hand 10,584 9.812 64,253 279,923 42,222 323,589 344,178 365,811 Creditors: alnounts falling due wlthln one year 10 135,9721 (53,1581 Nel ourrent asset$ 308,204 312,653 Total assets less Curn1 Ilabilttses 318,788 322,465 Income funds Rèslrlctad funds Unr6StH¢ted funds 141,767 177,021 157,239 165,226 318,788 322,465 Th8 CDmpany Is entTtled to th8 exemptlon from tha audit requir8ment CDnlained in se¢tion 477 of the Companie8 Act 2006, for the year ended 31 March 2025. Th& dir8ctor8 acknowledge thelr r8spon8ibilities for Gomplying wlth the requirements of the Cornpanies Act 2006 with resp8cl to accounting records and the preparation of financial statements. The members have not required the company lo obtain an audit of Ils ff nancial statéments for the year In question in accordance wilh section 476, These financl81 Statements have been prepared in accordance with the provlslons applicable to companles subject to the small Companies regime. The finanGial statemènts W9re approved by Ihe Trustees on 30th October 2025 Ms Razia Saltar (Chairperson) Trusts Company Reglstratlon No. 08085962
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng pollcles Charity informatlon Bangladeshi Women's Assoclalion Limited is a private company limited by gu8ranlee incorporated in England and Wales. The registered offic8 is Tipton Musllm Community Cenlre, Wellington Road, Tipton, West Midlands, DY4 8RS. 1.1 Accountlng Gonvention The financial stal6monts havè bèen prepared in accordance wlth the BWA'S tgoveming documenti, th& Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland I'FRS 102.) and the Charities SORP "Accounting and Reporting by Charltles: Statement of Recommended Practice applicabl8 to charitie8 prep8rFng thoir accounts in accordance wilh the Financial R8porting Standard applicablè In tha UK and Republ1¢ of Ireland (FRS 102)" {effeclive 1 January 20191- Thg BWA Is a Public Benefit Entity as defined by FRS 102, The BWA has tak8n advantage of th8 provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial stalements are prepared in sterling, which is the funcllonal currency of the BWA. Monetary amDunts in th8se financial statements are rounded to thé nearest £. The financial slatements have been prepared under Ihe historrcal cost convantion, Imodified to Indude the revaluation of fr88hDld properties and to includo Inv6slm6nt properties and certaln financial inslruments at fair valuel. The prlnclpal accounting policies adopted are set out below. 1.2 Going concern Al the time of approving the flnanclal stalemants, the Ttijstees have a reasonable expeclation that the BWA has adequate resources to ConnUe In operational existence for the foreseeable future. Thus the Trustees continue lo adopt the going concem basis of accounting in pr8paring the financial ststéments. 1.3 Charltable funds Unreslricted funds are available for use at the discretion of the Trustees in furtherance of their chariiablo objg¢tives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and us6s of the rastrlcted funds arè set out in Ihe notes lo the flnanclal ststements. Endowment funds are subject to speclltc conditions by donors that tha capitsl must be rnaintaingd by the BWA. 1.4 Income Incoma is recognised when the BWA is legally entitled to il after any performance conditions have begn met, the amounts can be measured reliably, and it is probable that incom8 will be received. Cash donations are recognlsed on recelpl. Olher donations are recognised onca thé BWA has been notified of the donation, unless perfonnance conditions require def&rral of the amount. Income tax recoverable In rel8tion to donations received under Gift Aid or deeds of covenant Is re¢ognised at the tlme of the donalion. Legacies are recognised on receipt or othakwsa if the BWA has been notified of an impending distribution, the amount 1$ known, and recelpl is oxpocl8d. If th8 amount is not known, the legacy is treat&d as a contlngent assèt,
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng pollcles Icontlnued) 1.5 Expenditur8 Expenditure is recognlsed once there is a legal or constructive obligation lo transfar economiG benefit to a third party, it is probable that a transfer of economic benefits will b8 raqulrad in selllemant, and the amount of Ihe obligation can be measured reliably. Expenditure is ¢lasslfiad by a¢tivily. The costs of each activity are made up of tha total of direct costs ond shared costs, includlng support cosls involved in undertaking each activity. Direct costs attributable to a single activity are allocaled directly to that activity. Shared costs which contribute to more than one activity and support ¢ost8 which are not attributabl8 to a single aclivity are apportionod between those aclivitl86 on a basis consistent wtth the use of resources. Central staff costs are allocat8d on the basis of lime spent, and depreciatlon charges are allocated on Ihe portion of th8 asset's Usg. Expendllure Is included in the financial slatemenls on an accruals ba8iS. 1.6 Tangible flxed assets Tanglble fixed assets are inÉtially measured at cost and sub88quenlly measurad at cost or valuation, nel of depreciation and any impairment Ios88S. Deprecialion is recognised so as to writ8 off the cost or valuation of assets lèss their resldual values over their US8ful lives on th8 following bases: Plant and equipment 150/ty on written down value The gain or loss arising on the disposal of an asset is d8termined as th6 diff8rence between the sal¢ prOedS and the carying value of the 8S8et, 8nd is recognis8d in tha statement of financlal activities. 1.7 Impairment of fixed assets Al @ach r8POrting 8nd date, the BWA reviews Iha carrying amounts of its tangible assets to delennine wh81her th&r8 Is any indication that those assets have suffered an impaimient loss. If any such indication axlsts. tho recoverable amounl of the asset is estimated in order to determine th@ extent of thè Impairment loss lif any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid inv8Stments with original malurities of thrèe months or less, and bank overdrafts. Bank overdrafts are shown withln bDtTowings in current liabilities. 1.9 Financial instruments l-h& BWA has elected to apply the provisions of Sectlon 11 'B8sic Financlal In5trurnents' and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its ffnanclal instruments. Financial instrumants are recognised in the BWA'S balance sheet when the BWA becomes party to the contractual provislons of the Instrument. Financial assets and liabilities aro offs8t. wilh the nel amounts presented in the flnancial slatements, when ther8 is a legally enforceable right to sat off the recognised amounts and Ihere 18 an intention to $91118 on a n81 basls or to realize the asset and setde the liability simultsneously. Basle financial 8ss8ts Basic financial assets, which include debtors and cash and bank balancos, are initially maasured at transaclion price including transaction costs and are subs8quently canied at amortlzed cosl using Ihe effective interesl method un18SS th8 arrangement constitutes a flnancing transaction, where the Iransaction is m&asurecl at thè présant value of Ihe fulure recelpts dlscounted at a market rate of interest. Financlal assets classified as receivable wlthin ono year are not amortized.
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policios IConUnuod} Ba$1¢ financlal Ilabllltles Basic financial liablllties, including creditors and bank loans are initially r8cognised at transaction price unless the arrangemenl constitutes a financing transaction, wh8r8 the debt Instrument is measured al th6 present value of th& futur& payments discounted al a market rate of Interest. Financial liabilitlés classified as payable within on8 year ar8 not arnortlsed. Debt instruments arg subsequèntly ¢arried at amorlised cost, using the effective interest rate mathod. Trade ¢reditors are obligations lo pay for goods or seNices that have be8n acqulred in the ordinary course of operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within one year or less. If not, they are pr8sgnt8d as non-current liabllities, Trade creditors ar8 recognised Inlttally at transacllon price 8nd subsequently measured at amortised cost using ihe 8ffecllva Interesl method. Derecognition of financl81 Ilabllltles Financial liabllltl8s are derecognised when the BWA'S contractual obligations 8xpire or are dlscharged or cancelled. 1.10 Employee benefits The cost of any unused hollday entitlement is recognised in the period in whlch thé employee's seiceS ar8 recelved. T8rminallon banafits are recognised Immediately as an expense when the BWA is d8monstrably committed to lerminale the employment of an employee or to provide termination benefits. Critlcal accountlng èstlmalès and Judgements In the application of the B WA'S accounting policies, tho Trustses are required to rnake judgements, estimates and assumptions about th6 carrying amount of assets and liabilities thal are nol readily appar6nt from other sourc&s. The astlmates and assoclaled assumptions are based on historical gxp&ri8nca and other factors Ihat are considered to be relevant. Actual results may differ from these astimales. The estimates and underlying assumpllons are reviewed on an ongoing basis. R&visions lo accountlng Éslimales are recognlsed In the period in which the estimate is revised where the revision affects only that period, or in the period of the rovision and future perfods whére the revlslon affects bolh current and futur pgriods. 10
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In¢om¢ Urrestrloted Incom Restvlet In¢ome Total 2025 Totsl 2024 Enterprise Income Miscellaneous Grants 82,014 82,014 52,265 4,170 2,000 Awards For All 11,491 11,491 25,451 BBC Children In N88d 25.451 2S,594 Nalional Lottery Community Fund Know your Nelghbourh¢Jod National Lottery Communlly Fund Slap G &H Salter Trust 22,460 22,460 53.561 22,459 49,561 53,561 500 National Lottery Community Fund Cost of Llvlng Duke Of Edlnburgh Gfftggs Fleart Of England CF Sandwell Consortium.. CATS 63,983 10,000 20,776 20,776 19,947 15,000 15,000 8,868 1.160 1,160 18,790 15.465 Sandwell Consortium,. COLT 16,445 16,445 6,258 Sandwell Consortium.. Nfjultiply Sandwell Con80rtium.' Reath & Connect 6,258 5,165 15,314 15,314 22,653 Sandwell Consortlum.. Sandwell Advloe Service 28.433 28.433 26,433 Sandwell Consortium- Sandwell Health InequalitS&s Program Sandw611 Consortium.. Sandwell Languag6 Neiwork Sandwell Consortium'.Silver Linings Sandwell Consortium-skills for Sandw811 15.g84 15,984 14,564 1,028 1,028 9,101 3,000 3,000 16,968 18,968 Sandwell Consortium'.SLN2 6,170 6,170 Sandwell consortium WDH 16,745 16,74S 2,977 Sandwell Consortlum.. Other 470 Sandwell Council For Voluntary Organisalions Sandwell Comrnunity Hubs Smallwood Trust 284 29,557 9,894 9,694 19,388 SMBC Grants: HAF 7,500 7,500 17,574 SMBC Grants.. Net Zero 15.000 15,000 SMBC Grants.. Recovery SMBC TMCC - Service Level Agre&m&nt 14,5g5 14,595 70,877 70,877 70,877 82,014 393,910 475,924 512,645 11
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 Charitable activitles Unrèstrlctod Restrlcted expenses expenses Total Accountancy & Payroll Bank charge8 & interest Llcense & permits Legal & professional Llght & heat Insurance Project costs Repair & ronewals Telephone Cleaning Staff Irainlng & welfare Volunteers Expens8S Donations Wag8s & Salary Waler rates Travel Stationery and prlnt]ng Equipmenl expen88 Equipment hlre Sundry Expenses Depreciation Acllvlty Cost Room Hire Adverlislng and PR 1,873 421 1,873 421 177 39,623 29,564 1,784 61,473 5,000 5,403 4,843 9,058 2,510 60 276,092 1,021 1,535 3,812 494 1,417 2,471 1,868 17,679 8.243 5.180 177 17.445 29,564 22,178 1,784 61,473 3,142 5.403 3,425 9.058 2,252 60 246,736 1,021 1,530 2,962 432 1,417 1,074 1,858 1,418 258 29.356 850 62 1,397 1,868 1,711 15.968 6,243 5,180 70,219 409,382 479,601 Truslees None of the Trustees (or any persons connected with them) received any remuneration or beneflls from the BWAduring the year. Employees Th8 av&rage monthly nurnber of employeas during the year was: 2025 Number 2024 Number 25 22 Employment costs 2025 2024 Wages and salarles 276,092 212,784 12-
BANGLADESHI WOMEN'S ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Taxation The Charity is exempt from tax on inGomo and gains falling wilhin section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to th8 extant that these ar8 applied lo its Gharitsble obi'eGts, Tanglble fixed assats Plant and equiprnent Cost Al 1 Aprfl 2024 Additions At 31 March 2025 40,874 2,640 43,514 Depreclatlon and Impairmant At 1 April 2024 Depreclatlon charged in the year 31,062 1,868 At 31 March 2025 32,930 Carrying amount Al 31 March 2025 10.584 At 31 March 2024 9,812 Debtors 2025 2024 Amounts falllng due wlthln one year: Trade debtors 64,253 42,222 10 Creditors: amounts falllng duo wlthln one year 2025 2024 Trad8 cr8dltors Olher taxes and social securities Other creditors 11,944 1,005 23,023 26,383 3,284 23,491 35,972 11 Ralated party tran$aetion$ There were no disolosable relaled party transactions during the year (2024- none). 13-