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2024-04-30-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 Year2023 Day30 Month04 Year2024
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 15 Goslings Place
Badshot Lea
Farnham, United Kingdom
Postcode GU9 9GF

Names of the charity trustees who manage the charity

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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 man 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 1 Kingsley grove
Audenshaw
M34 5GT
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 2024 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 made three visits to Senegal to personally
evaluate the progress of BB's ongoing projects. Additionally, he
held several phone and Zoom meetings with the Chairman of HF
Senegal to discuss various administrative issues.
FACE-Elementary School Tambacounda (FACE-EST)
In support of our goal of "Education for All," BB made a generous
donation of £7,612 in 2023-24. This contribution enabled the
painting of four classrooms at FACE-EST, as well as the office
space and preparing the football ground. Additionally, the donation
helped cover the school's operational costs.
FACE Vocational Sewing School
The school is currently in negotiations with a local charity for a

3 March 2012

TAR

franchised partnership to expand access to sewing facilities at a vocational institute. This collaboration is expected to benefit more students, particularly with the transfer of sewing machines to the new location. OUR FINANCES The financial statement for the fiscal year 2023-24 shows a cash balance of £580 in the bank. Net incoming resources totaled £7,839, while expenses amounted to £8,076. These funds were raised through donations and charitable activities, with the following breakdown: ● Donations received via bank transfer: £7,839 All funds raised during the year were used for painting the school, constructing the football ground, and supporting the school’s operating costs, after covering mandatory expenses. Development and Maintenance The school's operating costs for the year amounted to £4,521. The cost of painting the classrooms, exterior, and developing the grounds was £3,091.

Additional details of objectives and activities (Optional information)

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

Section D Achievements and performance

4 March 2012

TAR

Summary of the main achievements of the charity during the year

During 2023-24, Benevolent Bonds (BB) achieved the following:

Section E Financial review

5 March 2012

TAR

Brief statement of the charity’s policy on reserves

At present, we do not have any reserves available. However, should we establish a reserve fund in the future, our policy 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 Date 16/02/2025

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March 2012

TAR

Charity Name No (if any) Benevolent Bonds 1183714

Receipts and payments accounts

CC16a

For the period Period start date Period end date To from 1/5/2023 30/4/2024

Section A Receipts and payments

Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £

A1 Receipts

A1 Receipts A1 Receipts
Donations received in bank 7,839 - - 7,839 -
- - - -
- - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total(Gross income for AR) 7,839
- - 7,839 -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
**Total receipts ** 7,839 - - 7,839 -
A3 Payments
Tamba ElementarySchool Upgrade
7,612
Travelling
100
Website/Social Media
338
Bank Charges
26
A3 Payments
Tamba ElementarySchool Upgrade
7,612
Travelling
100
Website/Social Media
338
Bank Charges
26
-
-
-
-
-
-
-
-
7,612
100
338
26

Tamba ElementarySchool Upgrade
7,612 - - 7,612 -
Travelling 100 - - 100 -
Website/Social Media 338 - - 338 -
Bank Charges 26 - - 26 -

CCXX R1 accounts (SS)

02/28/2025

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- - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 8,076 - - 8,076 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
**Sub total ** - - - - -
**Total payments ** 8,076 - - 8,076 -
**Net of receipts/(payments) ** - 237 - - - 237 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
**Cash funds this year end ** - 237 - - - 237 -

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 £
580
-
-
580
Agreement Error
Unrestricted
funds
Unrestricted
funds
to nearest £
-
-
-
-
OK
Restricted
funds
Restricted
funds
to nearest £
Endowment
funds
-
-
-
-
OK
Endowment
funds

CCXX R2 accounts (SS)

02/28/2025

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)

02/28/2025

3

B5 Liabilities

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

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

CCXX R4 accounts (SS)

02/28/2025

4