| 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 | Year2024 | Day30 | Month10 | Year2025 | ||||||
| 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
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 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 |
Chairman | 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
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include Humanity First (HF) Senegal , registered charity number 17460 in additional information, where Senegal, oversaw our projects on the ground and collaborated relevant, about: closely with us.
● policies and procedures adopted for the induction and training of trustees;
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
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 elevate public education across Senegal by financing the construction, renovation, and revitalization of primary schools. Guided by the vision of "Education for All," we collaborate directly with local communities to deliver high-quality learning opportunities to underserved populations within Sub-Saharan West Africa. We are committed to establishing nurturing educational environments that cultivate the academic, moral, and physical growth of disadvantaged individuals, empowering them to thrive and achieve their full potential. OUR OBJECTIVES Our strategic objectives are intrinsically aligned with our core aims, with a paramount focus on maintaining and elevating the rigorous standards established by BB. In defining these objectives and structuring our annual initiatives, our Board of Trustees has meticulously reviewed and integrated the Charity Commission's guidance on public benefit. Ultimately, these targeted objectives serve as the foundational milestones driving the Charity’s broader, long-term vision. |
|---|---|
| ANNUAL REPORT & ACCOUNTS The Board of Trustees of Benevolent Bonds is pleased to present the Annual Report and Accounts for the fiscal year ended30th October 2025. The Trustees confirm that these financial statements strictly comply with the statutory requirements of the Charities Act 2011and theCharities SORP (FRS 102). REVIEW OF ACTIVITIES Executive Leadership & Governance The Chairman of Benevolent Bonds conducted multiple on-site field visits to the school to personally evaluate and audit the progress of ongoing projects. To ensure seamless project execution and strong organizational alignment, the Chairman also maintained strategic communications through formal teleconferences with the Chairman of Humanity First (HF) Senegal, addressing key administrative and operational priorities. FACE–Elementary School Tambacounda (FACE-EST) In alignment with our core mandate of "Education for All," |
3 March 2012
TAR
Benevolent Bonds allocated a targeted grant of £1,766 during the 2024–25 financial year. This critical funding directly supported and sustained the essential operational expenditures of the institution.
FINANCIAL REVIEW
Financial Position & Performance
The financial statement for the 2024–25 fiscal period reflects net incoming resources totaling £6,712 , alongside total expenditure of £2,096 , and after paying £500 loan back to the Chairman, the closing balance of £4,696 held securely in the bank.
These revenues were successfully generated through public donations and targeted charitable initiatives, including:
● Direct Bank Remittances: £5,732
Asset Allocation & Expenditure
Total institutional operational and development costs for the year amounted to £2,096 . After accounting for mandatory administrative compliance fees, 100% of the net funds mobilised throughout the year were deployed directly into anchoring the school's daily operating budget and infrastructure maintenance.
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
4 March 2012
TAR
Section D Achievements and performance
Summary of the main achievements of the charity during the year
SUMMARY OF MAIN ACHIEVEMENTS (2024–25)
During the 2024–25 fiscal year, Benevolent Bonds (BB) successfully advanced its core mission through significant academic milestones, robust community engagement, and transparent financial stewardship:
-
100% Academic Success Rate: Marked a historic milestone as FACE Elementary School entered its inaugural student into the National Examinations. The student achieved an exceptional score of 8 out of 10, securing a flawless 100% pass rate for the institution's first academic cohort.
-
Strategic Financial MobiliSation: Successfully raised a total of £6,712 through public donations and strategic fundraising initiatives to sustain the Charity's core educational projects.
-
Direct Impact and Resource Allocation: Disbursed a total expenditure of £2,096 directly toward anchoring critical school operational budgets and infrastructure maintenance.
-
Digital Outreach & Public Engagement: Proactively enhanced the Charity’s official website and leveraged key digital platforms— including Facebook, Twitter, YouTube, GoFundMe, and JustGiving—to raise public awareness, drive advocacy, and optimize public-benefit fundraising.
-
Future Expansion and Partnerships: Initiated a strategic outreach campaign to identify and onboard new collaborative partners within Senegal, aiming to scale ongoing initiatives and drive future projects with renewed momentum and excellence.
5 March 2012
TAR
Section E Financial review
Brief statement of the RESERVES POLICY charity’s policy on reserves At present, Benevolent Bonds does not hold any restricted or unrestricted financial reserves. In the event that a reserve fund is established in the future, the Board of Trustees, in alignment with its fiduciary duties, will maintain strict oversight of these assets. Any future allocation or deployment of reserve funds will require formal deliberation and approval during Trustee meetings, alongside strategic consultation with major donors. Furthermore, the Charity’s policy dictates that any future reserves will be strictly restricted to supporting new or ongoing projects of a similar educational nature within the same country of operation. The Charity will explicitly prohibit the reallocation of reserve funds to alternative project types or across different geographical jurisdictions. Details of any funds materially None in deficit Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
● the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
● investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
6 March 2012
TAR
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
25/08/2025
7
March 2012
TAR
Charity Name No (if any) Benevolent Bonds 1183714 Recei ts and a ments accounts p p y For the period Period start date Period end date To from 1/5/2024 30/10/2025
CC16a
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 | 5,732 | - | - | 5,732 | - | ||||||||||||||||||
| Donations received via JustGiving | 980 | - | - | 980 | - | ||||||||||||||||||
| - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| Sub total(Gross income for AR) | 6,712 |
- | - | 6,712 | - | ||||||||||||||||||
| A2 Asset and investment sales, | |||||||||||||||||||||||
| (see table). | |||||||||||||||||||||||
| - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| Sub total | - | - | - | - | - | ||||||||||||||||||
| **Total receipts ** | 6,712 | - | - | 6,712 | - |
| A3 Payments Tamba ElementarySchool Runningcost 1,766 Website/Social Media 330 |
A3 Payments Tamba ElementarySchool Runningcost 1,766 Website/Social Media 330 |
- - - - |
- - - - |
1,766 330 - - |
|
|---|---|---|---|---|---|
Tamba ElementarySchool Runningcost |
1,766 | - | - | 1,766 | - |
| Website/Social Media | 330 | - | - | 330 | - |
| - | - | - | - | ||
| - | - | - | - |
08/29/2026
1
| - | - | - | - | ||||||
|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total | 2,096 | - | - | 2,096 | - |
| A4 Asset and investment | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| purchases, (see table) | ||||||||||||||||||||||
| - | - | - | - | |||||||||||||||||||
| - | - | - | - | |||||||||||||||||||
| **Sub total ** | - | - | - | - | - | |||||||||||||||||
| **Total payments ** | 2,096 | - | - | 2,096 | - | |||||||||||||||||
| **Net of receipts/(payments) ** | 4,616 | - | - | 4,616 | - | |||||||||||||||||
| A5 Transfers between funds | - | - | - | - | - | |||||||||||||||||
| A6 Cash funds last year end | - | - | - | - | - | |||||||||||||||||
| **Cash funds this year end ** | 4,616 | - | - | 4,616 | - |
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 £ 4,696 - - 4,696 Agreement Error Unrestricted funds Unrestricted funds |
to nearest £ - - - - OK Restricted funds Restricted funds |
to nearest £ Endowment funds |
|---|---|---|---|---|
| - | ||||
| - | ||||
| - | ||||
| - | ||||
| OK | ||||
| Endowment funds |
08/29/2026
2
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the charity’s own use
| Details Details |
to nearest £ - - - - - - Fund to which asset belongs |
to nearest £ - - - - - - Cost (optional) - - - - - |
to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - |
| Details | Fund to which asset belongs |
Cost (optional) - - - - - - - - - |
Current value (optional) |
|---|---|---|---|
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - |
08/29/2026
3
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
| Details Signature |
- - - Print Name Fund to which liability relates Amount due (optional) |
When due (optional) |
|---|---|---|
| Date of approval |
||
08/29/2026
4