CHARITY REGISTRATION NUMBER: 1183021 Bright Future International Unaudited Financial Statements 31 August 2024 Bright Future International Financial Statements Year ended 31 August 2024 Page Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements Bright Future International Independent Examinerfs Report to the Trustees of Bright Future Intarnational Year ended 31 August 2024 I report to the knjstees on my e￿￿minakn of the financial statements of Bright Future International (kne chattv) for the year ended 31 August 2024. Rpsponslbllities and basls of report As the tnjstees of the tharity you are responsible fur the preparation of the financial statements In accordance wilh the requirements of the Charrties Act 2011 (￿e Act'l. I report in respect of my examination of the chart￿5 financial statements carried out under section 145 of the 2011 Act and in carrying out my examinatk)n I have followed all the applicable Directions given by the Charity Commission under section 145{SXb) of the ACL Independent examine￿$ ststernent I have completed my examination. I COnfi￿n that no material matters have come to my attention In connection with the examination gNing me cause to beI￿ve tt￿t ￿ any malefial resp accounting records were not kept in respect of the tharity as required by section 130 of the Act; or the financial statements do rhjt accord wlth those records: or the financial statements do nol comply wilh the applicable requirements conceming the form and content of accounts set out in the Charibes (Accounts and Reports) Regijlations 2008 other than any requirement that the accounts give a 1nJe and fai¢ Mew which is not a matter considered as part of an indyrKlent examination. I have no concems and have come across no other mattets in connection with the examination lo whiL* attention should b8 drawn in this ret#)rt in order. to enablo a proper understanding of the accounts to be reached. ABAlph sus Alphonsus & Co Ltd 34 Davenham Avenue Northwood. Middl8sex HA6 3HQ 30 April 2025 Bright Future International Statement of Financial Actlvltiès .Year ended 31 August 2024 2024 2023 Unrestricted fvjnds Total funds Total fvnds Incorne and grkdowments Donations and legacies Other income Total Incomg 65,445 828 65.445 828 33,918 Expenditurg Expenditure on raising funds: Cost of other activrlies 2.849 3.338 Exp8nditure on ¢harilable activities Total expgndlture Nat Incomel{l¢>ssl Nel movement in fvnds 2,234 2.234 (165) Raconclllatlon of funds Total funds brought fopNard as preV￿lY reFx)rted Prior year adjustment 4,865- 4.865 5,030 Totsl funds brought forward as restated Total funds carried forward The statement of finan￿al actÉwhes indudes all gain and losses recognised in the year. All Incoine and expenditure derive from continuing aCtsvit￿S Bright Future International Statement of Financial Position 31 August 2024 2024 2023 Current assets Debtors 12 5,282 4.554 Cash at bank and in haTh 311 Net Currgnl Assets 7,099 4,865 Current Liabllltles Creditors due less than 12 rnonths 13 Total assets less Current liabllllles Funds ofthe charity Unrestricted funds: her unrestrict￿1 ino)me fvnds Total unrestrictgd fvnds 7.099 4,865 Total charty funds 14 These finanryal statements were approved by the board oftrustees and authorised for issue on 30 April 2025, and are signed on behalf of the board by: Akila ATulthasan Lyjini Sujith Trustee Treasurer Bright Future International Th• not•s ¢)n ￿995 510 11 forni part of financial statsmonis. Notes to the Flnancial Statements Year ended 31 August 2024 General Infomiation The charity Is a public benefft entrty arKJ a registered charfty in England and Wales and is in￿rporated. Th8 address of the prnrypal office i% 5 Calvertrm Ptar*, Greenford. Middlesex, UB6 7FP. ststement of Compllance These financial statements have been prepared in cLNnpllan￿ with FRS 102, The Financial Reporting Standard applic2ble in the UK and thg Republ￿ of Ireland.. the Statement of Recommended Practice applicable to charitses preparirvj their accounts in acxordance with the Financial Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 102) (Charities SORP IFRS 102)} and the Charities Act 2011. Accountlng pollcles Incomo Voluntsry income armj donations are aixwnted for as received by the charity. The ineL)me from fundraising ventures is shown gross, wilh the asswiated costs induded in funllraising cy)st8. Basls of preparation The financaal statements have been prepared C￿ the histori￿1 c05t basis, as modlfied by the revaluation of certain financial assets and liabli rtie5 and investrnent properties measured at fair value through income or expenditure. The financial statements are prepared in sterfing. which 15 the functional ￿￿encY of the entity. Fundraislng costs Fundraising expendtiure comprises costs incuffed in indwng people and organisations to contribute ffnancially to the charivs work. This indud&% the cost of atfvertlslny. travelling and staging of special fvndraising events. Golng concern There are no material unCerta￿tieS about the charrvs abli ity to wntinue. Fund accounllng Unreslricted frjnds are available foruse atthe dis(¥etion ofthetrustees to furtherany of the chartty's purposes. Designated funds are unrestricted funds earmarked by the tnjstees for particular fvtur& project or commitment. Restricted funds are subjected to restrictions on their expenditure dedared by the donor or throu9h the lemis of an appeal. and fall into one of tsyo sub