OpenCharities

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2023-04-30-accounts

Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod Trustees' Annual Report for theperiod
From Period start date T
o
Period end date
Day01 Month05 Year2022 Day30 Month04 Year2023
Section A Reference and administration details
Charity name Benevolent Bonds
Other names charity is known by BB
**Registered charity number(if any) ** 1183714
Charity's principal address 10 Home Court
137 Maple Road
Surbiton, United Kingdom
Postcode KT6 4AZ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
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16
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19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (if any)
Naeem Ahmad
Sadiq
Chair N/A Board of trustees
Mian Abdul Wahab
Mahmood
Secretary N/A Board of trustees
Nasir Ud Din Treasurer N/A Board of trustees
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year

1 March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name
Address
Name
Address
Fundraising Adviser Mr. Ijaz Ahmad 52 Droylsdon Road,
Droylsdon
M34 5SW
Manchester

Name of chief executive or names of senior staff members (Optional information)

Naeem Ahmad Sadiq

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Association How the charity is constituted (eg. trust, association, company) Appointed by Board of Trustees Trustee selection methods

Additional governance issues (Optional information)

You may choose to include Humanity First (HF) Senegal, registered charity number 17460 in additional information, where Senegal, is our trusted partner. They oversee and implement our relevant, about: projects on the ground, collaborating closely with us. We allocate funds to HF Senegal to aid local communities, and their volunteers ● policies and procedures and staff work alongside local labourers and workers. adopted for the induction and training of trustees;

Section C Objectives and activities

2 March 2012

TAR

Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
OUR AIMS
The Charity's object is to advance the education of the public in
particular, but not exclusively, in Senegal by the provision of grants
for the construction, refurbishment and decoration of elementary
schools.
Our mission is to enhance public education, particularly in Senegal,
by offering grants for the construction, renovation, and
beautification of elementary schools. Our goal is to deliver high-
quality education to underprivileged communities in Sub-Saharan
West Africa, starting with close collaboration with local communities
in Senegal under the banner of
"Education for All"
.
We are dedicated to creating a nurturing educational environment
that fosters the academic, moral, and physical development of
disadvantaged individuals, enabling them to flourish and unleash
their innate talents and abilities.
OUR OBJECTIVES
Our objectives align closely with our aims. Ensuring the
maintenance and enhancement of the BB standard is paramount to
us. In formulating our objectives and organising our activities for the
year, our Trustees have meticulously considered the Charity
Commission's guidance on public benefit. Nonetheless, these
objectives are formulated within the framework of the broader goals
we have set for the Charity.
The Trustees of the Benevolent Bonds present their annual report
and accounts for the year ended 30th April 2023 and confirm they
comply with the requirements of the Charities Act 2011 and the
Charities SORP ( FRS 102).
REVIEW OF ACTIVITIES
Chairman BB Activities
The Chairman of BB conducted four visits to Senegal to personally
assess the progress of BB's ongoing projects. Additionally, the
Chairman engaged in several telephonic and Zoom meetings with
the Chairman of HF Senegal to discuss various administrative
matters.
FACE-Elementary School Tambacounda (FACE-EST)
Construction
BB continued the construction of the FACE-EST building in pursuit
of our goal, "Education for All," with a donation of £6,113 in 2022-
23. Plastering and flooring were finalised for four classrooms and
the office space.
FACE Vocational Sewing School
The school is in negotiations for a franchised venture with a local
charity to expand the availability of sewing facilities to a vocational

3 March 2012

TAR

institute. There is hope that more students will benefit from this arrangement, especially with the transfer of sewing machines to the new location.

OUR FINANCES

The financial statement for the fiscal year 2022-23 reveals a surplus of £942 in BB activities. Net incoming resources amounted to £8,498, while expenses totaled £7,556. These funds were generated through donations and charitable activities, with a breakdown as follows: - Donations received via JustGiving: £1,020 - Donations received via bank transfer: £7,478

All funds raised during the year were allocated to the construction of the school after fulfilling mandatory expenses.

Development and Maintenance

The primary development project accomplished was the plastering and flooring of the infrastructure, for the first phase of four classrooms at FACE Elementary School in Tambacounda, Senegal.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

4 March 2012

TAR

Section D Achievements and performance

Summary of the main
achievements of the charity
during the year
During 2022-23, the Benevolent Bonds (BB) accomplished the
following:

Raised donations, including income from charitable
activities, totaling £8,498.

Completed the plastering and fooring of the FACE
Elementary School building in Tambacounda, with an overall
expenditure of £6,113.

Promoted its website for charitable activities and
fundraising for the public's beneft.

Maintained a presence on various social media platforms,
including our website, Facebook, Twitter, YouTube,
GoFundMe, and JustGiving.

5 March 2012

TAR

Section E Financial review

At present, we do not have any reserves available. Brief statement of the However, should we establish a reserve fund in the future, our policy charity’s policy on reserves dictates that any decision regarding its allocation will be thoroughly discussed in our trustees' meetings and with major donors. We intend to transfer reserves only to new projects of a similar nature within the same country. We will not allocate reserve funds to projects of a different type or in a different country.

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Naeem Ahmad Sadiq Full name(s) Naeem Ahmad Sadiq Position (eg Secretary, Chair, etc) Chair

6 March 2012

TAR

Date 2810212024 TAR March 2012

Charity Name No (if any) Benevolent Bonds 1183714 Receipts and payments accounts For the period Period start date Period end date To from 1/5/2022 30/4/2023

CC16a

Section A Receipts and payments

to the nearest £
A1 Receipts
Donations received from JustGiving
1,020
Donations sent bybank transfer
7,478
-
-
-
-
-
8,498
-
-
Sub total -
Total receipts 8,498
A3 Payments
Tamba ElementarySchool Upgrade
6,113
Airfare
1,215
Website/Social Media
203
Bank Charges
25
Unrestricted
funds
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
to the nearest £
A1 Receipts
Donations received from JustGiving
1,020
Donations sent bybank transfer
7,478
-
-
-
-
-
8,498
-
-
Sub total -
Total receipts 8,498
A3 Payments
Tamba ElementarySchool Upgrade
6,113
Airfare
1,215
Website/Social Media
203
Bank Charges
25
Unrestricted
funds
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Benevolent
-
-
-
-
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
Total funds
to the nearest £
1,020
7,478
-
-
-
-
-
-
8,498
-
-
-
#VALUE!
6,113
1,215
203
25
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-

Tamba ElementarySchool Upgrade
6,113 - - 6,113 -
Airfare 1,215 - - 1,215 -
Website/Social Media 203 - - 203 -
Bank Charges 25 - - 25 -

CCXX R1 accounts (SS)

02/29/2024

1

- - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 7,556 - - 7,556 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
**Sub total ** - - - - -
**Total payments ** 7,556 - - 7,556 -
**Net of receipts/(payments) ** 942 #VALUE! - #VALUE! -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
**Cash funds this year end ** 942 #VALUE! - #VALUE! -

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
Details
Balance in Bank
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
2,687
-
-
2,687
Agreement Error
Unrestricted
funds
Unrestricted
funds
to nearest £
-
-
-
-
#VALUE!
Restricted
funds
Restricted
funds
to nearest £
Endowment
funds
-
-
-
-
OK
Endowment
funds

CCXX R2 accounts (SS)

02/29/2024

2

B2 Other monetary assets
B3 Investment assets
Details
Details
to nearest £
-
-
-
-
-
-
Fund to which
asset belongs
to nearest £
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
to nearest £
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -

B4 Assets retained for the charity’s own use

Details Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -

CCXX R3 accounts (SS)

02/29/2024

3

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details
Loan from Trustees
Loan from Trustees
Signature
870
Tamba School
1,500
-
-
-
Print Name
Fund to which
liability relates
Amount due
(optional)
Elementary &
Sewing School
When due
(optional)
Date of
approval

CCXX R4 accounts (SS)

02/29/2024

4