REGISTERED CH&RITY NtrMBER: 1156157 Report of the Trnstees alld Ullaudited Financial St4tem¢nts for the Ye4r Ended 31 Marth 2022 for Daeorum Bangladesbi Welfare AssoeiatRoo Cartwrights Chartered knountants and Businw Advisors Regency House 33 Wcod Street Hertfordshire EN5 4BE D4¢orTlln Bangl8de5hl Welfare Assoeiation Content$ of the Finantial Ststemellts for the Year Ended 31 March 2022 Page Report of tbe Trnstees tDdependellt Exaothier's Report Ststement of Actlvities Balallce Sheet Notes to the Financial Ststem¢nts 6 to 10 Detsiled Statement of Flvnd21 Activitle* Rl to 12 Datorum Bangladeshi Welfare Assoeistion Report of the Trustees for the Year Ended 31 MArch 2022 Objectlves and activities The associatiOD Is estsblished to promote any chaTitable purpose for the benefit of the Bangladeshi and wider minority cot))rnunities Dacon)￿ in¢ludll￿ the relief of povetty, PTeserve and protection of health, the advancement of education 8t￿ tbe prtsvision of fa¢ilities for recre￿I0nal and other leisu￿ time activÈties iti the illtcrest of social welfare and in order to improve the quality of life of the said benefici&ies. The trllstees have paid due regard to guidance issu¢d by the Cknity Con]misgion on public benefit WIMI deciding whai aciivittes the charity sl)ouldundertske. Achievements and performanee The DB WA have been pn)vIdU￿ a RDge tsf community services kn the Bangladeshi community, thing the year. the services Pro￿ded illclude.. con￿rgatiOnal Prayer facilities (every Friday) SpeciaI Ramadan Prayer facilities A]]nllal "Fuoday" event forthe whole family to e4ioy Social & Housitig advice Eidparties rwice a year CThildteu and adult tachjng clwes Games rwm facilities for people of a]1 ages to Use for socialisrng purtths ladies only classes Partnership with local health organisation for tbe COVID vaccine progt8rnme We wish to continue OUT range of progt8mllw with a special focus oll the female and younger demograplu'c. Tr aim is to help inttgraie the]n into the wider society and ¢ODfideni within thems¢lves. now with tbe purchase of a pern￿n¢￿t home, we will be loolong to invest in th£8e initiative& Flnanci￿ review statement of fmallcI￿ activities show incoming resources for the year of a revenue nature of £139,003 {2021.'£32,0321 The total unrestricted re8erves at the year end stand at £182,861 (2021.. £143,961) It is the policy of the ciwity that the unrestiicted which have r￿t been desiwted for a specific use 8hould be maintaill¢d ai a level equivalellt to between tbTee and six month's expenditll￿. The tystees considers tbat reserves at this level will ensure that in the event of a signfficant drop ￿ fijndmg, they wjll be able to continue the eFwJ"tys current actiiities while considcration is ￿Ven to ways iti wkn.ch addits.onal fimds may be raised. This level of reserves has been niaiDiaiDed throughout the year. flle twstees has assessed the m&Jor risk% to wkn.ch the charity ts exposed and a￿ satisfied that the Systems are in pkce to nLTtigate exposu￿ to the major iisks. STRUCTbliE, GOVERNANCE AND MANAGEMETr4T Governing document The charity is Controlled by its governi￿ docllmenL a deed of trust Constitutes an uninco￿)rated charity. REFERiTriCE AIYD ADl¥(tNISTRATtVE DETAtIs R￿￿￿tered e￿arIty niiNber Ili6157 PrÈncipg1 address D.EWA Cerytye Hemel HemT)qtthl Itoritshire HP2 6BH Dacorum Bangladeshi Welf8Ye Association R¢port of the Trustee5 for the Yvdr Ended 31 Mareh 21122 Trustees S Rathid Tntstee J Islam Tntste N Khan Trustee A Khan Trustee M Maksir Tntstee B Ahmed Trustr M F Islam Trustee S Rahman Tn￿let W Islam Trlls￿e l Haque Trnstee I liahmanTnLStee Independent Examkner Camvrights Ch2rtered Accountants and Business Advisors Regency House 33 Wood Street Hertlordsljire EN5 4BE Atiprovedby ordcr of the board of In￿lee8 on.. ........ .. ....... ................... and signed on its Ethlf by. l ttahll￿. "frLtsiee IndepeDdeDt Exami￿tr,5 Report to the Tru￿ of Daeorum Bangladeshi Welfare AwKiatioD Independent examiuer's report to tbe trustees of D•corDrn Bab￿ll¥hi Welfxre Asso¢i8ti0 I report io the chanty t￿Sle¢S on my exami[￿tIo1￿ of the w>ullrs of Dacorum BaDglthhi welfa￿ Assrtiation (tbe Tnw) forthe year 31 Mtrch 2022. Reswbnsibilitles x4d b¥S$ ofre As the charity tnwees of tbe Trust y)u are r4KKLsft)le for tr* of the acCow￿ in accord￿ with the reQuirem￿ts of the ChaTht￿ Aet 2011 Cthe ACV). I rem in res￿ of myex8minthon of the TnL8V$ ￿ ranicd out uodtr Section 145 of the Act aDd iti carrying out my examinatson I have followed all appI￿able Dirttti0tt8 by tbe Clwity cornm￿0￿ under S¥tson 145(5Xb) of thekn. Independent examther's statement I bave completed Tny examI￿tIo￿L I confilln that no ￿aterial o)atras balr cixue to my atr2nts.on ill C4)rm￿li0￿ with tbe examination giving me ¢ause to believe that in ally rnateri￿ accounting re¢ord8 weEe ooi kept in reS￿t of tFe T￿￿ &* TWIr￿1bY Se¢tioD 130 of th¢ Ae¢ or the accounts do Dot accord with those rEcords.' or the aceounts £k> not cornply with the apDh"cable TWUlf￿ty eoncerni￿ the and conteni Or￿ll￿ts Set out in tbe Cljarities (Accounts and ReF￿￿) Re£ulatioL8 2(K)8 otber than any ￿1￿C￿l that the aCCOllnts give a be ¢Srawn in thi"g re￿>rt in order to enable apro￿￿￿￿&* of the accounts to Ix reached ACCA C&Tbsrights Regency House 33 Wo(MJ Stre¢t Barnet Dale.. 17/.IL/Ii............ Dacorum BaDgl4deshi Welfare Asso¢Aation Statement of Fin4llcial Aetivitles for the Year Ended 31 March 2022 2022 Unrestricted 2021 Total nds JNCOME Af4D ENDOWMETr4TS FROM Donattow and legaeies Notes 113.958 17,732 Charitable activitles Chatitsble 24,006 14.3(K) Other trad￿g activitie8 tnvtsllnellt uKome 1,039 Totsl 139,004 32,032 EXPENDII.'iIRE ON Raisll￿ tunds 4,302 539 Charitable actlvRties Charitable 83,632 29207 Otber 12,170 18,(K)7 Tot21 100,104 47,753 NET INCOMEI(EXPENDrruRE) 38,900 (15,721) '-ONCiLIATION OF FufqDS Toral fi]nds brought fonvard 143,961 159,682 TOTAL FtJNDS CAJUUED FORWARD 182.861 143,961 The not&s forni part of th¢se Smallcial 5tstements Dacorum B*Dgladeshi Welfare Assoeiatloll BAlan￿ Sheet 31 Mareh 2022 2022 2021 Total UuTestiicted funds P￿D ASSETS Tawble wets Notes 416292 423.345 Cash at bank 52,446 17,947 CREDtroRS Amounts fallll￿ due withllt one year 115.0531 {16,373) NET CURRENT ASSETS 37,393 1,574 TOTAL ASSETS LESS CURRENr L[AB￿lTIEs 453,685 424,919 CREDITORS Amounts fall]ng due aftermore than one year (270,824) (280,958) NET ASSETS l82,861 143,961 FUNTDS Unrtsrtictd fi]nd8 li 182,861 143961 TI)TAL FUVDS 182,861 143,961 "Dje finan-ial statements weTr approv¢d by the Board of TnL8tee$ and authorised for issue . aTMI were signed on its behalf by.. l Rah]￿. Tnjske The JKTrtes fornipart of thcse fiJ&n¢ial statements Dacorrun Bangladesbi Welf#Te A&soclation Notes to the FiDaD¢ial Statejocnts for the Year Ended 31 MAr¢b 2022 COMPANY INFORMATION Dacorurn Bangladeshi We]fare Association is an ¥soLiation constituted Ut￿et a governing document dated 13 Morch 2014. The a(Idress of the regtstered office is given on the legal and adMi￿tratiVe itifornydtion page of these finallcial statements. ACCOtrNTING POLICIES Basis of preparIng the financial 5tatem¢nts The accounts have been prepared in accordance with t¢b Chan"ty's gcTrv¢ming docllrnent, the Charitie4 Act 2011 and "Accoun12ng and reporting by charitie$'. statement of recommended prnctice applicable to ¢han'ties preparing their &.eo¢unts' im Accordance withjn tbe Financ￿1 reporting standgrd app]i￿ble ill the UK alld Republic of Ireland {FRS 102)" (as amended for aLcounting periods ¢Ollllneticing from l January 2016). The Cban'ty is public benefit entity&8 defined byFRg 102. The Cbarity bas tsken adva￿tage of the pJDvisions in the SORP for charities applying FRS 102 ￿date bulletiti i not io prepare a statement of cash flows. The linanciaI statements are prepared ill stetkng. which is the fill￿tional Gutr¢ncy of the chaTity. Mon¢lary anloullts in these fU￿￿la1 stateAnents aTr rouuded tt) the neoxest £. The linan¢iai stataDents have been prepared under the historieal cost conventiorL In¢ome All ip.come is recognised in the Sraternent of Financial Activiti&8 once the charity has entitlement to the fi￿d8, it 1$ piobable that the in¢0￿e will be ￿e1Ved a[￿ the amouDt can be measured r¢liably. Lash 01)natiolls are re¢ogmsed on receipL ]ncome rettived from c18sses is n¥ognised UlK)n ￿lpt. Expeuditllre Liabil:,ies are recognised as eXper￿ltUre as soon as there is a legal or collstsuctive obligation cotDmiltiDg the d)anty to that expenditure. it is probable that a transfer of econon)ic benefits will be ￿quired in sett]etllent and the 8f.tsUllt of the Obl￿atiOn Can be measured reliably. Expenth'ture is ae¢ounted for on an artn￿$ basis and h&s beeD. ¢￿$]￿1¢d under headjngs that aggregate all c<>st related to the category. Where costs C2TJnOt b¢ directly atttioutpd to panicular headmgs they have been all￿ated to activities on a basis consistent with the use of resouTr£s. Charitable fujjds Ur￿￿StrIcted are available for use at the dtscrets.on of the Trustrts in furtberance of their cl]aTitable obipcttves. Des.0r￿[ed hnds ¢oJnprise fi￿d$ which have been sei 88tde at the discretion of the Tn￿teeS for $￿IfiC piiroobes. The putwses aud uses of the desigDated fith are set out ill the llote6 of the fll)e￿la1 starements. Tr'anutDle fixed assets Depre=iation i¥ provided at t￿ followmg aDuual rates in order tr> WT1￿ off each asset over LL8 estimated usefi rrtr 7c.lo propEriy FikpJrpo fittings 20/0 on cosi ?50/4 on cost r8.r y 8,613 8,613 443 740 9,056 9.353 At 31 March 2022 17,226 1,183 18.409 NET LIOOK VALUE AtJl ￿￿¢h 2022 413,405 2,887 416292 At 31 _M￿￿h ?O?I 422,018 1,327 423,345 CALbIfoRS.' AMOUNTS FALLING DUE WtTHll¥ ONE YEAR 2022 2021 Bank loans and overdrafis (see ntste 10) Othtt Cr￿litOrS 14,875 178 14,875 1,498 15,053 16J73 Notes to the Fillaneiai StstemeDts- colltioued for the Year Ended 31 Mveh 2022 CREDITORS: Amou￿ FALLJNC DUE AFfER MORE TILAN ONE YEAR 2022 2021 Ballk loaLs (see ]K)* 10) 270.824 280,958 io. ANS An and1￿1& of & mati]rity of loftns t¢low. 2022 2021 Amounts falling due withm one year on 14,875 14.875 Amounts falling ID ty)Te th8D five RepayaDl¢ by insia]menLS.' Bank loans more 5 yrby itistsj MOVEMENT LN FUNDS 270824 280.958 Net I￿V¢n￿t At 3113122 114f21 Unrestrktrd fuDd• Gener￿ fi￿d 143.961 38,9 182,861 TOTAL FUNDS 143.961 38.9(Ki 182.861 Net movemeni in fiuth, Includ￿ In th aEwe ar¢ &4 follows.. ¢xpcud&J Unr.4stsi£ted fund¥ Genttal fund 139.cl (IC¥),104) 38,900 TOTAL FUNDS 139.( (100,104) 38,900 Comparatlves for movement ID Net movemeot io fimds At 3113r21 At 114120 Unrestri¢ted funds fiuxi 159.682 (15.721) 143.961 TOTAL FUNDS 159,682 (15,721) 143,961 Notrs to the Financial Staternellts- eolltinued for the Year Ellded 31 March 21122 ii. eXpa￿d iti fun(ts Ullre$tri¢ted funds General fijnd 32.032 (47,753) (15,721) TOTAL FUNDS 32.032 (47.753) {15,721) A current year 12 months andpriory¢ar 12 nyjnths c4xnbll*J ￿1th"on 15 as follows." Nei movement At 114r20 3113122 UJwe8trkted 159.682 23.179 182.861 TOTAL FUNDS 159.682 23.179 182,861 A cunynt year 12 months thnd pric* year 12 m￿￿LI ill W Includ￿ Ta the aknve ar¢ &8 follows.. MOvem￿t expended In fund UnrestrActed funds 171.036 (147.857) 23,179 TOTAL FUNDS 171,036 (147,857) 23,179 12. IRELATED PARTY DISCLOSURES There were re14trAJ pty tran￿1(￿ for the yeareode4131 Marh 2021 Iki*iled Statement of FIDanCi￿ Activities for the Yur Ellded 31 March 2022 2022 2021 Dottation* •nd legade8 Donatiow at￿ lewi&% Grants 89.￿2 24J50 17,732 113,958 17.732 Other tr￿1￿% *etlvities Sale oEd& 1.039 Investment InLome Deposit account mterttqt Ch#rltable XLtivitles Childrcn attd aduli iea¢hJD8 Friday Prnyers 24,006 13260 24,006 14,300 Totsl Aneomthg rewutte¥ 139,(M)4 32.032 Ralsln8 doo&dolls and k8ades 0&￿r costs 539 Ch*rft*ble Rerfvldes Rates and wa rnsurance Telephone Sundries Book8 and Accessories LkiB Chec Prnyer Fe& -f¢a￿Ul8 $-. Mots)rCo¥L Rep￿r8 attd MaEnto)aDce H91,. Hire f¥PS AdVerti￿n FreenokL propety Fixtures and fittingy 6,855 1,052 404 4238 516 287 617 1,074 iio 1,255 13.156 128 216 1,749 90 4.265 23.202 583 30,605 891 2,072 22 8.613 740 8,612 443 83.632 29,207 *UPPOM ctssts #nee F.'.]8me charges 12,170 12.643 -li- Dgcorum B#nglade8hl Welfare Associ4tlo Detailed Statement of FinaociAI Actiiities for the Year Ended 31 Mareh 2022 2022 2021 Flll•uce Covernanee costs Indq)endent examinauon fees l£gal and ptofrssional fees Accountancy 2,100 3264 2,591 1,711 4.302 5J04 Total Tesources expended 100,104 47,753 Netfincomel(expendithre) 38,900 {15,721) This page does not fomi part of the stacutory financial statetnettts -12-