**REGISTERED COMPANY NUMBER: (England and Wales) REGISTERED CHARITY NUMBER: 1187556** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2023 ## for Bengal Stars Sports Academy (BSSA) CIO Abacus Tax Consultants Ltd Chartered Accountants The Colmore Building 20 Colmore Circus Birmingham West Midlands B4 6AT Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Bengal Stars Sports Academy (BSSA) CIO ## Contents of the Financial Statements for the Year Ended 31 March 2023 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 6| |Detailed Statement of Financial Activities|7| Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Bengal Stars Sports Academy (BSSA) CIO ## Report of the Trustees for the Year Ended 31 March 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the charity is to promote community participation in healthy recreation for the benefit of the inhabitants of Walsall and surrounding areas in the West Midlands by the provision of facilities for playing football, badminton, cricket and other sports capable of promoting physical health and fitness ("facilities" means land, buildings, equipment and organising sporting activities). ## **FINANCIAL REVIEW** Total incoming resources in the year amounted to £1,360 (2022: £0.0) with a net surplus of £635 (2022: £0.0) at the year end. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** (England and Wales) ## **Registered Charity number** 1187556 ## **Registered office** 32 Bescot Drive Walsall West Midlands WS2 9DF ## **Trustees** Motin Khan Trustee Iliyas M Khandakar Trustee Jakir Hussain Trustee Shafique Miah Trustee Suruk Miah Trustee Moyna Miah Trustee Approved by order of the board of trustees on 12 December 2023 and signed on its behalf by: Suruk Miah - Trustee Page 1 Doc ID: 16ee216320af08f9980511ed8479076f62939b9e ## Bengal Stars Sports Academy (BSSA) CIO ## Statement of Financial Activities for the Year Ended 31 March 2023 |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||1,360|-| |**EXPENDITURE ON**|||| |Raising funds|2|300|-| |**Charitable activities**|||| |charitable activity||425|-| |**Total**||725|-| |**NET INCOME**||635|-| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||-|-| |**TOTAL FUNDS CARRIED FORWARD**||635|-| The notes form part of these financial statements Page 2 Doc ID: 16ee216320af08f9980511ed8479076f62939b9e ## Bengal Stars Sports Academy (BSSA) CIO ## Balance Sheet 31 March 2023 |||31.3.23|31.3.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**CURRENT ASSETS**|||| |Cash at bank||935|-| |**CREDITORS**|||| |Amounts falling due within one year|5|(300)|-| |**NET CURRENT ASSETS**||635|-| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||635|-| |**NET ASSETS**||635|-| |**FUNDS**|6||| |Unrestricted funds||635|-| |**TOTAL FUNDS**||635|-| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2023 and were signed on its behalf by: Suruk Miah - Trustee The notes form part of these financial statements Page 3 Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Bengal Stars Sports Academy (BSSA) CIO Notes to the Financial Statements for the Year Ended 31 March 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 4 continued... Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Bengal Stars Sports Academy (BSSA) CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **2. RAISING FUNDS** ## **Raising donations and legacies** |**Raising donations and legacies**||| |---|---|---| ||31.3.23|31.3.22| ||£|£| |Support costs|300|-| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |||||Total|| |---|---|---|---|---|---| |||||funds|| |||||£|| ||**NET INCOME**||||-| ||**TOTAL FUNDS CARRIED**||||| ||**FORWARD**||||-| |**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| ||||31.3.23|31.3.22|| ||||£|£|| ||Accrued expenses||300|-|| |**6.**|**MOVEMENT IN FUNDS**||||| ||||Net||| ||||movement|At|| |||At 1.4.22|in funds|31.3.23|| |||£|£|£|| ||**Unrestricted funds**||||| ||General fund|-|635|635|| ||**TOTAL FUNDS**|-|635|635|| Page 5 continued... Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Bengal Stars Sports Academy (BSSA) CIO Notes to the Financial Statements - continued for the Year Ended 31 March 2023 ## **6. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|1,360|(725)|635| |**TOTAL FUNDS**|1,360|(725)|635| ## **7. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2023. Page 6 Doc ID: 16ee216320af08f9980511ed8479076f62939b9e |Bengal Stars Sports Academy (BSSA) CIO|||| |---|---|---|---| |Detailed Statement of Financial Activities|||| |for the Year Ended 31 March 2023|||| ||31.3.23|31.3.22|| ||£|£|| |**INCOME AND ENDOWMENTS**|||| |**Donations and legacies**|||| |Donations|1,360||-| |**Total incoming resources**|1,360||-| |**EXPENDITURE**|||| |**Charitable activities**|||| |Equipment expensed|425||-| |**Support costs**|||| |**Governance costs**|||| |Accountancy and legal fees|300||-| |Total resources expended|725||-| |**Net income**|635||-| This page does not form part of the statutory financial statements Page 7 Doc ID: 16ee216320af08f9980511ed8479076f62939b9e Audit trail Sign B1221 - Bengal Stars Sports Academy - Charity Accounts YE... Title B1221 - Bengal St...YE 31-03-2023.pdf File name Document ID 16ee216320af08f9980511ed8479076f62939b9e Audit trail date format DD / MM / YYYY Status Signed **12 / 12 / 2023** Sent for signature to Suruk Miah (surukmiah00@gmail.com) 09:43:24 UTC from accounts@sknservices.co.uk IP: 217.67.57.7 **13 / 12 / 2023** Viewed by Suruk Miah (surukmiah00@gmail.com) 11:17:40 UTC IP: 82.14.19.65 **13 / 12 / 2023** Signed by Suruk Miah (surukmiah00@gmail.com) 11:19:34 UTC IP: 82.14.19.65 **13 / 12 / 2023** The document has been completed. 11:19:34 UTC Sign Powered by