REGISTERED CHARITY NUMBER; 1156157 Report of the Trustees aDd Unaudited Financtal Staten)ents for the Year Ended 31 March 2025 for Daeorum BAngladeshl Wetfarc Assoclatlon CBrtwrights Ciwtered Accounlanls and Busirte Advisors Regency House 33 Wood Street Barnet Hertfordshire EN5 4BE
Dacorum Bangladeshi Welfare Association CollteDts of the Financiol Statements ror the Year Ended 31 March 2025 Page Report of the Truste&8 Independcnt Examiner's Report Slatemeiil of Flnaneial Actlvities Balance Sheet No1¢8 to the Flnanci#l Statements Detalled Statement of FlnanciBI AetivStfes 12 to 13
Dacornm Bangladeshi Welfare A&socialio Report of the Trustees for the Year Ended 31 March 2025 Objectives and activities The Associatioi) is established to Promote charitable puryoses for the benefit of the Banglad&sbi and wider minority communities in DacorLun. Its aims include Ihe relief of poverty, the puervation and protection of healih. the advancement of education, aiid the provision of recteaiional and leisure facilities in the Inte$t of social welfare, with the overall putVO4%e of impi'oving the quality of life of the commuThiti&8 served. The TTu81ees have had due regard to Ihe Charity C(Mnmis8ion's guidan on public benefit when deiermining the tIvItieS undertaken during the year. Achievements 4nd performance Thmughout the year, (he DB WA has continued to deliver a wide rdn8e of eommunity servic&s lo the Bangladeshi cornmunity and beyond, Acliviiies provid¢d included.. - Weekly COngE8(10nal Prayer facilities (every Friday) Special Ramadan Prayer facilili¢s - An annual family "Funday" eveni Social & Housing advice services Eid celebraiions twice a year Education classcs for boih child and adults . Games room facililies for all ages 10 SUPPOrt social engagement - Ladies-only classes and programm&8 Wo aim lo continue and expand these progrdmmes. with particular focus on supporting women young people. The inLenlion is to further encourage ingrA110n into wider SOLiery and to foster confidence. wellbeing. and personal development. Wilh (he previous purch&%e of a pennanent community home, we plan to inv¢5t further in initialives that meet Ihese goals.. rlinaiicial revielv Incoming resources of a revenue nature for the year Iall £276J15 (2024.. £204.603). Un1Cled rtservas al year-end amoun1 10 £442,207 (2024.. £307.198). It is the charity's tK)licy that unre5tricled funds noi designated for a Slf pu5¢ should be maintained at a level equivalent to Ihite lo six months. eXpendIre. The TThtee$ consider this level of reserves appropriate to ensure that, tn the event of a Significant drop in income. the Chlty can coniinue ils core activities while exploring additional funding opportunities. This reserves level has been masntained Ihroughoui the ye. The Trustees have assessed the inajoi. risks facing the charity and are satisfied that appropriate systems and controls xre in place to mitigale exposure to Ih¢se risk5. STRUCTUIIE, GOVERNANCE AND MAP4AGEMENT Governlng document The chatity is controlled by ils governing document, a deed of tTUSi and constitutes an unincorporated charity. REFERENCE AND ADMINISTEL4TIVE DETAUS Registered Charity number 1156157
Dacorum Bangladeshi WeRfgre Assoclalio Report of ihe Trustees ror the Year Ended 31 March 2025 Principal addr DB WA Cent Heniel Hempstead Hei'tfordshire HP2 6BH Trustees S Rashid Trustee J Islam Tn]stee N Kthan Twstee A Khan Tru51ee B Ahmed TNslee M F 151am Ti'ustee S Rahman Trustee W Islam Trustee l Haque Tiuslee l Rahman TtlEStee Indepelldent FJxamlner C&rtwrighis Chartered A¢¢ountsnls and Busin&ss AdviSOTS Regency House 33 Wood Street Bamet Herlfordshire EN5 4BB Approved by order of the board of trusiett on ....... . and signed on its behalf by,. L Rahman- Trustee
Independent Ex8mintr's Report to the Trllstees or Dacorum Bangladeshl Welf£re Associalion Independent examlner's report to the trnstees of Daeornm Bangladeshl Welfgre Assoeiatlo l ffport to the charity trustees on my examinalion of the accounis of Dacorum Bangladeshi Welfare Association (the Trust) for the year ended 31 Mah 2025. RespoSIbilItieS And basis of report As the ch.1 trustees of the Trust you are responsible for the preparation of the accounts in accoi'dance with the requirernetlts of the Charities Act 201 I ('the Act,). I report in respect of my examination of the T¥S accounts catried out under Section 145 of the Aei and in canying out my examination E have followed all applicable Directions given by the ChilY Commi&sioll under Section 145(5Xb) of the Act. Independent examlner's statement Since your charity's gi'05s income exceeded £250,C(il your examiner rn1 be a member of a listed body. I can COnfM that I am qualified to undertake the examination because l am a member of the Insliwte of Chartered Accountants in Englatid and Wales. which is onc of the listed b(MJies. I have completed my examination. I confirni that no maierial matlers have come to my atteniion in connection with the examination giving me cause to believe that in any material Tespe¢l'. accounting records were Thoi kepl ID spect of the Trust as reqUId by Section 130 of (he Act; or the accounty do not aord with those records.. or the a¢¢ounis do not comply with ihe applicable requirements concerning thc forni and conient of accouThts sel Out in the CharÉlies (Accounts and Reports) Regulations 21M)8 other than any requutment that the accouiits give a tsue and fatl. view whi¢h is not a maller consideffd as part of an independent ex8rnination. I have no concerns and have come acro&8 no oih¢r mailers in ¢oftnecEion with the examinalion 10 which tentIOn should be drawn in this i'eport in ol'der to enable a proper uTrdersthnding of the accounls lo be reached. M Khawar FCA Cartwi'ighis Chartered Accoun18 and Business Advisors Regency House 33 Wood Sts'eet Barnet Hertfotthhire EN5 4BE Dale..
Daeornm B&ngl•deshi Welfare Assoeialion Statement of Financi Activitios for the Year Ended 31 March 2015 2025 Unrestricted funds 2024 Total funds Noles INCOME AND ENDOWMENTS FROM Donations and legacies 225,668 170.257 ChAritablc actlvities Ch.11&bEe 41,836 34.345 Investment income 8.811 Total 276.315 204,a13 EXPENDrruRE ON Raising funds 40.946 35.288 Charllable actlvlties Charirable ICXl.360 74,208 Totol 141,306 109,496 NET INCOME l35,IXJ9 95,107 RECONCILIATION OF FUNDS Total funds brought forward 307.198 212,091 TOTAL FUNDS CARRIED FORWARD 442.207 307,198 The note3 forni part of these financial statements
Dacorum Bangladeshi Welfare AssociatSon Balwice Sheet 31 March 2¢ll5 2025 Unrestricted funds 2024 Total funds Not&s IIIXED ASSETS Tangible assels 387.865 397,071 CURRENT ASSETS Debtors Cash al bank 7,400 90,751 127,893 130.893 98,151 CREDITORS Amoiinis falling due within one year (27,303) (15,053) NET CUIIRENT ASSETS 103,590 83,098 TOTAL ASSETS LLSS CURRENT LIABILITl&S 491,455 480,169 CREDITORS Amourtis falling due Afta. more than one year 10 (49,248) (172,971) NET ASSETS 442,207 307,198 FUNDS Umrsliieled fiJnd5 12 442,207 307,198 I'OTAL FUNDS 442,207 307,198 The financial slalements were approved by the Bi)8rd of Thlsiees and authorised for issue on and wth'e signed on its behalf by: l Rahrnan- Tiustee The notes fonn part of these rmatl81 statements
Dacorum Bangl8d&8hi wdfgre Association Notes to the Financial Statements for the Year Ended 31 March 2025 COMPANY INFORMATION Dacorum Bangladeshi Welfare Association is an a&socRation conslituted under & governing document dated 13 March 2014, The addr&ss of the registeTed office i5 given on the legal and administrltive inforni&tion page of these financial stalemeiils. ACCOUNTING POLICIFS Basls of prepAring the fillancial stattmcnts The accounis have been prepared in accordance wilh ieh Charity's governing documenL the Charities Act 2011 and "Accounting aiid reporting by Chlties.. statement of recommended pracliee applicable to Charities preparing their acocunts in accordance within the Financial rew)rting $thnd applicable in the UK And Republic of Iland (FRS 1021" (as amended for accounting p¢tiods commencing fron) l January 2016). The charity is a public benefit entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORF for charities 4)plying FRS 102 update bulletin I not lo prepare a slatemenl of cash flows. The financial blatements are prewEd in sterling. which is the functionJl c[reD¢y of the charity. Monetsry amounts in these financial stat¢m¢nts rounded lo the nearest £. The financial stalemetils have been prepared under historical wst convention. Incomc All income is recognised in the Statement of Financial Aclivilies once the charity h&4 entitl¢menl to Ihc funds. il is probable Ihal the income will be e1ved and the amount eAn be mwured reliably. Cash donations are recognised on receipt. Income received from classes is r¢¢ognised utKbn receipt. Expenditure Liabilili¢s are recogni%ed as expenditure gs soon as lhe is a legal or constTUClive obligation commilling the chtY lo that expenditure. it is probable that a transfer of economic benefits will be required in settlemeiit and the amount of the obligaiion ¢an be measured reliably. ExndItUre is accounted for on an arualS basis and has been classified under headings that aggregate all cost relAted io the category. Where COSL8 cannot be directly aits'ibuled to pai1icu10r headings they have been allocated to activities ott a blS consislenl with the use of resources. Charitable funds Unrestricted ndS aff available for use at the discrelion of the Trustees in futtherance of (heir charitable objectives. Desi8nated funds comprise fun(ts which have been set asidc at the discretion of the Trnstees for specifi¢ purposes. The purposes and u5¢s of the designad fuThls are set oul in the note5 of the financial staternents. Txnglble fixed assets Depreciation is provided al the following annual rdtes in onler to write off each &sset over ils estimated usethl life. Freehold property Fixtures and fiiiings 2¥0 on cost 25O/fj on cosl Taxatio Th¢ charily is ex¢mpi from tsx on 115 eilable activities.
Dacornm Bangladh1 Welfare Association Notes to the Financi81 Statements- continued for the Year EDded 31 March 2025 ACCOUNTING POLICIES - contlnued Fund accounting Unrestricted fiinds can be used in COrdanCe with the charitable objectives at the discretion of the trustees. .Rests'icled funds can only be used for particular restricted pvTrrt)ses within the (l)jects of the chariry. Restrictiorjs rise when specified by (he donor or when funds are raiseLI for particular restricied puoS&. Further explanation of the nature and purrM)se of each fvnd is ittcluded in the notas to the financi&l statement5. Hii'e purchase and leaslng commllments Rentals paid undei. operatiTrg leases are charged to the Sthiemenl of Financial Aclivilies on a straight line basis over the period of the lea&e. INVESTMENf INCOME 2025 2024 Rents received Deposit a¢¢ount interest 8.810 8,811 RAISING FUNDS Ralslng donation5 llnd legacies 2025 2024 Other Fundroising cos15 Support costs 24,3lO 7,036 14,673 20,615 31,346 35.288 TRUSTEES, REMUNERATION AND BENEFrrs There were Ao truslees, remuneration or other benefits for the year ended 31 Mah 2025 nor for the year ended 31 Maieh 2024. Trustees, expenses There wer¢ no tsvslees, expense5 paid for the year ended 31 Mah 2025 nor for the year ended 31 March 2024.
Dacorum Banglad&¥hi Welfare AssociYAtion Notes to tbe Finallcial Statements - continued for the Year Ended 31 March 2025 COMPARATIVFS FOR THE STATEMENT OF FINANCIAL AcrIvtTlFS Unrestri¢¢¢d funds INCOME AND ENDOWMENTS FROM Donations and legacies 170.257 Charltable activities Chwitable 34,345 Investment income Total 204,603 EXPEI NDITURE ON Raising fuilds 35.288 Cliaritable actiyitles Charitable 74.208 Total 509,496 NET INCOME 95,107 RECONCILIATION OF FUNDS Total ndS bught forward 212,091 TOTAL FUNDS CARRIED FORWARD 307,198 TANGIBLE FIXED ASSETS Fixiures and fittings Freehold propery Totals COST At l April 2(r24 and 31 March 2025 430.631 4,145 434,776 DEPRECIATION At l April 2024 Charge for year 34.451 8,612 3.254 37,705 9.206 At 31 March 2025 43.063 3,848 46.91l NET BOOK VALUE Al 3 l March 2025 387,568 297 387,865 At 31 March 2024 396,180 891 397,071
Dacorum Bangladeshl WelfAre A&soeiation Notes to tlie Flngncial Staten)¢nts - coiitinued ror the Year Ended 31 March 2025 DEBTORS: AMouNfs FALLING DUE THllN ONE YEAR 2025 2024 Other debtoiB 7.400 C1 DITORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 2025 2024 Bank loans and ov¢rdrafts (see note I l) Other ejtditors 14,875 12,428 14,875 178 27,303 15.053 io, CREDITORS: AMOUNTS Tr ALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Bank loans (see note I l) 49,248 172,971 ii. LOANS An analysis of Ihe maturity of loans is given below: 2025 2024 Amounts falling due within one year on demand: Bank loans 14.875 14,875 Amounls falling duc in more Ihan five yeatS: Repayable by instalments.. Bank lo&ns more 5 yr by inst81 49,248 l72,971 12. MOVEMENT IN FUNDS Net movemeni in funds Ai 3113125 Ai 114124 Unrestrlcted fun General fund 307.198 135,009 442,207 TOTAL FUNDS 307,198 135,009 442,207
Dacorum Bangladtsbl Welfare Association Notes to the Financial Statements - Continued for the Year Ended 31 March 2025 12. MOVEMENT IN FUNDS - continued Net movement in fvnds, included in the above a as follows: Incoming r&source5 Resources expended Movement in funds Unresti'icted ndS General fund 276.315 (I41,306) 135,009 TOTAL FUNDS 276,315 (141,306) 135,iJ19 Comp8rallves for movcment in thnds Nel movement in fvnds At 3113124 A¢ 114123 Unrestrlcted funds General bjnd 212,091 95,107 307,198 TOTAL FUNDS 212,091 95,107 307,198 Compardiive net movement irt fijnds, included in Ihe above are as follows: Inconiing resources Resources expended Movement in funds Unrestricted lunds General fund 204,603 (109,496) 95, l¢YI TOIAL FUNDS 204,603 (109,496) 95,107 A cufteni year 12 months and prior Y 12 months combintyj position is as follows: Net movemenr in ndS Al 3113125 At 114r23 Uiirestricted fund5 Gener241 nd 211091 230,116 442,207 TOTAL FUNDS 212,091 230.116 442.207 -iO-
D9con)m Bangladeshi Welf&re A&sociailon Notes to the Financial Stalements - contlnlled for the Year Ended 31 Mgrch 2025 12. MOVEMENT IN FUNDS - continued A cuttenl year 12 month5 and wior year 12 Mond combined nel movement in funds, included in the above are as follows: Incoming Sources Resources expended Movement in funds lJnrestricted fund5 General fund 480.918 (250,802) 230,116 TOTAL FUNDS 480,918 (250,802) 230,116 13, RELATED PARTY DISCLOSURLS There were no related party transaclions for the year ended 31 March 2025. CONCESSIONAL LOAN A conce&5ional Loan of £3,00012024 ..£7.4) paid to Muhammed Hamid Naqvi on 1911012022 is still outstanding, Initial paYMent ternis slate that the loan is lo be tepoid back within 6 months of the funds being traiisfenEd. New lems a'eed for payment and will be repaid on demand.
DaC0M Bangladeshi Welfare knociation Detsiled Statement of Financial Activltlas for tbe Year Ended 31 March 2025 2025 2024 INCOME AND ENDOWMENrs Donatl(bns and lega¢5o8 Donations and legacies 225.668 170,257 Investment Income Rents received Deposit account interest 8,810 8.811 Charllable actlvitie8 Children and adult teaching 41.836 34,345 Total ineoining rttources 276,315 204,603 EXPENDITURE RAislng donatloijs #nd legaeles Other Fundraising cosrs 24.310 14.673 Other trAdlng aetlvltles Other optIng leases Charitable actlvlties Rates and water Insui'an¢e Telephone Sundi'ies CRB Checks 14.ayer Fees Teaching services Repaii's and Mailllenance Hall Hire pps Advertising Freehold property Fixtures and flllings 8,314 1.270 762 11.230 98 24,437 31382 7,015 4,300 1,346 4,026 1,227 529 8,565 5.293 28,586 7.096 5.137 2,822 1,278 8,613 1,036 8,613 593 100.360 74208 Support costs Financc Finance chfu'ges 7,036 17,779 Thi5 page does not frth part of the staiulory fthancial statements -12-
Dacorum Bangladeshi Weifgre A&sociation Detailed Ststernent of Financial Aetivities for the Year Ended 3J March 2025 2025 2024 Finaiice Governance costs Leg and professional fees 2,836 Total resouices expended 141,306 109,496 Net income 135,IX19 95,107 Thi5 page d0¢5 noi forn] part of the statutory financial statements -13-