**08913178**
## **CHARITY REGISTERED NUMBER:1158626**
## **NEW HOPE GLOBAL**
## **DIRECTORS' AND TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **ABU & ABU**
**CHARTERED CERTIFIED ACCOUNTANTS ABU NOWSHED CENTRE 71 WORDSWORTH ROAD SMALL HEATH, BIRMINGHAM B10 0ED WEST MIDLANDS**
**NEW HOPE GLOBAL**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Company Number:**|08913178|
|---|---|
|**Registered Charity Number:**|1158626|
|**Chairman:**|Dr. Mohammed Foiz Uddin MBE MInstF|
|**Directors:**|Dr. Mohammed Foiz Uddin MBE MInstF|
||Shahnaz Ahmed Minu|
||Shahid Ahmed Khan|
||Angela Heyden|
|**Trustees:**|Dr. Mohammed Foiz Uddin MBE MInstF|
||Shahid Ahmed Khan|
||Shanaz Ahmed Minu|
||Angela Heyden|
||Asha Begum|
||Harold Mututa|
||Nigel Potter|
|**Registered Office:**|2nd Floor (Above Birchfield Library)|
||3 Trinity Road|
||Birmingham|
||West Midlands|
||B6 6AH|
|**Accountants:**|Abu & Abu|
||Chartered Certified Accountants|
||Abu Nowshed Centre|
||71 Wordsworth Road|
||Small Heath, Birmingham|
||B10 0ED|
||West Midlands|
|**Bankers:**|TSB|
||P.O. Box 1000|
||BX4 7SB|
## **NEW HOPE GLOBAL**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **CONTENTS**
**Page** Charity - Trustees Report Independent Examiner's Report Balance sheet Statement of financial activities Schedule of funds Notes 10
**NEW HOPE GLOBAL**
## **DIRECTORS' AND TRUSTEES' REPORT**
## **FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the unaudited financial statements for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the charity.
## **Structure, Governance and Management**
## Governing document
The charity is governed by its Memorandum and Articles of Association
## Organisation
A board of trustees of up to three members, who meet regularly, administers the charity. There are four additional executive committee members covering the development and finance of the charity effectively. The names of Board of Trustees / Management Committee : Mohammed Foiz Uddin MBE MInstF ( Chairman ) Shahid Ahmed Khan ( Trustee ) Shahnaz Ahmed Minu ( Trustee ) Angela Heyden ( Trustee ) Asha Begum ( Trustee ) Harold Mututa ( Trustee ) Nigel Potter ( Trustee )
## Risk policy
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
## Objectives and activities
The principal activity of the organisation is to aid the capacity and skills of members of the socially and economically disadvantaged Bangladeshi community of Birmingham and its surrounding areas (in this document called the area of benefit) in such a way that they are better able to identify and help meet their needs and to participate more fully in society. We aim relieve poverty, sickness and disability among Bangladeshi people living or working in the area of benefit. In addition, we shall provide other facilities for Bangladeshi people living or working within the area of benefit. The organisation may decide to undetake other charitable activities from time to time, this will be reviewed on an individual basis.
## **Financial review**
Page 1
**NEW HOPE GLOBAL**
## **DIRECTORS' AND TRUSTEES' REPORT** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2025**
The restricted income includes various grants received during the financial year ended 31 March 2023. Main donors are as follows : Birmingham Voluntary Service ( BVSC ). Heart of England National Lottary Heritage Fund Pink Ribbon Foundation The Clothworkers Foundation Lloyds Bank Foundation Near Neighbour Fund Birmingham City Council National Lottary Birmingham City Council Liv Charitabe Trust The national Lottary Community Fund BVSC Birmingham City Council Heart of England Community Foundation Arnold Clark National Lottary Cyclist's Club Cycling UK Peoles Health Trust Asiana CP X. Cite Payment
## **Plans for future periods**
The trustee are looking forward to another successful year.
**Trustees' responsibilities in relation to the financial statements**
The trustees who are also directors of the charity for the purposes of company law are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year , which give a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
-
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the
- financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
**NEW HOPE GLOBAL**
## **DIRECTORS' AND TRUSTEES' REPORT** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2025**
This report was approved by the board of directors and trustees on 22 May 2025 and signed on its behalf.
......................................................... Dr. Mohammed Foiz Uddin MBE MInstF Trustee.
Page 3
**INDEPENDENT EXAMINER'S REPORT**
**TO THE TRUSTEES OF NEW HOPE GLOBAL**
## **FOR THE YEAR ENDED 31 MARCH 2025**
I report on the accounts which are set out on pages 6 to 12
## **Respective responsibilities of the Trustees and examiner**
The trustees who are also directors of the company for the purpose of company law are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject under company law and is eligible for independent examination, it is my responsibility to:
Examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
a. to keep accounting records in accordance with section 386 of the Companies Act 2006; and
b. to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Page 4
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF NEW HOPE GLOBAL** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2025**
........................................ Dated:22 May 2025 Abu Nowshed, FCCA Chartered Certified Accountants Abu Nowshed Centre 71 Wordsworth Road Small Heath, Birmingham B10 0ED West Midlands
Page 5
## **COMPANY NUMBER: 08913178**
## **NEW HOPE GLOBAL**
## **BALANCE SHEET**
## **AT 31 MARCH 2025**
|**Note**
**2025**
**£**
**Tangible fixed assets**
Tangible assets
4
**Current assets**
Debtors
5
1,238
Bank Accounts
123,603
Cash Accounts
2,215
**–––––––**
127,056
**Creditors**
Amounts falling due within
one year
6
35,716
**–––––––**
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Capital funds**
Restricted funds
Unrestricted funds
**Total funds**
|**2024**
**£**
**£**
3,237
725
117,727
1,035
**–––––––**
119,487
33,128
**–––––––**
91,340
**–––––––**
94,577
**–––––––**
£ 94,577
**–––––––**
67,533
27,044
**–––––––**
£ 94,577
**–––––––**
|**£**
4,466
86,359
**–––––––**
90,825
**–––––––**
£ 90,825
**–––––––**
69,284
21,541
**–––––––**
£ 90,825
**–––––––**
|
|---|---|---|
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Page 6
**COMPANY NUMBER: 08913178**
## **NEW HOPE GLOBAL** (Continued)
## **BALANCE SHEET**
These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006). Approved by the trustees on 22 May 2025 and signed on its behalf.
................................................... Dr. Mohammed Foiz Uddin MBE MInstF
The annexed notes form part of these financial statements.
Page 7
## **NEW HOPE GLOBAL**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|||**Rest'd**|**Total**|**Total**|
|---|---|---|---|---|
||**Unrest'd**|**Income**|**Funds**|**Funds**|
||**Funds**|**Funds**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|**Incoming resources**|||||
|Incoming Resources from|||||
|generated funds:|||||
|Voluntary income|10,000|215,181|225,181|206,381|
||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Total incoming resources**|10,000|215,181|225,181|206,381|
||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Resources expended**|||||
|Charitable activities|0|214,848|214,848|234,444|
|Governance costs|4,497|2,084|6,581|6,144|
||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Total resources expended**|4,497|216,932|221,429|240,588|
||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Net movement in funds**|5,503|(1,751)|3,752|(34,207)|
|**Total funds brought forward**|£ 21,541|£ 69,284|£ 90,825|125,032|
||**–––––––**|**–––––––**|**–––––––**|**–––––––**|
|**Total funds carried forward**|£ 27,044|£ 67,533|£ 94,577|£ 90,825|
||**–––––––**
|**–––––––**
|**–––––––**
|**–––––––**
|
Details of Incoming resources and resources used are given in the notes to the financial statements.
Page 8
## **NEW HOPE GLOBAL**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **DETAILED ANALYSIS OF MOVEMENTS IN FUNDS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
|||**2025**|||**2024**||
|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**|
|**- Unrestricted fund 3 -**|||||||
|Opening Balance|21,541|||12,105|||
|Voluntary Income from generated funds|10,000|||14,000|||
|Accountancy|(3,268)|||(3,000)|||
|Depreciation|(1,229)|||(1,564)|||
||**––––––**|||**––––––**|||
||||27,044|||21,541|
|**Restricted Income**|||||||
|Opening Balance|69,284|||112,927|||
|Grants Received|215,181|||192,381|||
|Costs of charitable activities|(214,848)|||(234,444)|||
|Office expenses|(2,084)|||(1,580)|||
||**––––––**|||**––––––**|||
||||67,533|||69,284|
||||**––––––**|||**––––––**|
|**Total funds at 31 March 2025**|||£94,577|||£90,825|
||||**––––––**
|||**––––––**
|
Page 9
**NEW HOPE GLOBAL**
**NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## 1. **Accounting policies**
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below.
These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## **Cashflow statement**
The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cashflow statement on the grounds that it is a small company.
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category, where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
## **Turnover**
Turnover comprises the invoiced value of goods and services supplied by the company.
## **Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings - 3% per annum of cost Plant and Machinery - 25% per annum of cost Fixtures and Fittings - 10 % per annum of cost
## **Grants received**
Grants related to capital expenditure on tangible assets are credited to the profit and loss account at the same rate as the depreciation on the assets to which the grants relate.
## 2. **Turnover**
Turnover is attributable solely to continuing operations and derives from various grants.
Page 10
## **NEW HOPE GLOBAL**
## **NOTES TO THE FINANCIAL STATEMENTS** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2025**
## 3. **Staff costs**
The average number of persons employed by the company, including directors, during the year was as follows:
||**2025**|**2024**|
|---|---|---|
|Administration|11
|9|
||**––**
|**––**|
## 4. **Tangible fixed assets**
|**Plant**
**Fixtures**
**and**
**and**
**Machinery**
**Fittings**
**£**
**£**
Cost:
At 1 April 2024
15,214
1,125
**––––––**
**––––––**
At 31 March 2025
15,214
1,125
**––––––**
**––––––**
Depreciation:
At 1 April 2024
11,198
675
Charge for the year
1,004
225
**––––––**
**––––––**
At 31 March 2025
12,202
900
**––––––**
**––––––**
Net book value:
At 31 March 2025
£ 3,012
£ 225
**––––––**
**––––––**
At 31 March 2024
£ 4,016
£ 450
**––––––**
**––––––**
5.
**Debtors and prepayments**
Amounts falling due within one year:
**2025**
**£**
ACT recoverable
1,238
**–––––**
£1,238
**–––––**
|**Total**
**£**
16,339
**––––––**
16,339
**––––––**
11,873
1,229
**––––––**
13,102
**––––––**
£ 3,237
**––––––**
£ 4,466
**––––––**
**2024**
**£**
725
**–––––**
£ 725
**–––––**
|
|---|---|
Page 11
## **NEW HOPE GLOBAL**
## **NOTES TO THE FINANCIAL STATEMENTS** (Continued)
## **FOR THE YEAR ENDED 31 MARCH 2025**
## 6. **Creditors**
Amounts falling due within one year:-
|Amounts falling due within one year:-|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Other creditors 1|3,000|3,000|
|PAYE & NIC|32,716|30,128|
||**––––––**|**––––––**|
||£35,716|£33,128|
||**––––––**
|**––––––**
|
7. **Incoming resources**
|**Rest'd**
**Unrest'd**
**Income**
**Funds**
**Funds**
**2025**
**2025**
**£**
**£**
**Voluntary Income**
Voluntary Income from generated funds
10,000
0
Grants Received
0
215,181
**–––––––**
**–––––––**
10,000
215,181
**–––––––**
**–––––––**
8.
**Charitable activities**
**2025**
**£**
Costs of charitable activities
214,848
9.
**Governance costs**
**2025**
**£**
Accountancy
3,268
Depreciation
1,229
**–––––**
|**Total**
**Funds**
**2025**
**£**
10,000
215,181
**–––––––**
225,181
**–––––––**
**2025**
**£**
**–––––––**
**2025**
**£**
4,497
**–––––**
|**Total**
**Funds**
**2024**
**£**
14,000
192,381
**–––––––**
206,381
**–––––––**
**2024**
**£**
234,444
**–––––––**
**2024**
**£**
3,000
1,564
**–––––**
4,564
**–––––**
|
|---|---|---|