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2024-11-01-accounts

- Trustees Report

Year ended 31[st] March 2025

BURUNGA UNION FOUNDATION UK ( Charity No. 1202420)

Address: First Floor, 7 Middlesex Street, LONDON, E1 7AA

Board of Trustees:

ABDUL ALIM (Chairperson)

Mashuk Miah Trustee, Asraf Ahmed (Trustee) Mohammed Abdur Rahman (Trustee) Azad Bakth Choudhury (Trustee) Lahin Chowdhury (Trustee) Mohammed Nurul Haque (Trustee) Saleh Ahmed (Trustee)

Report of the Board of Trustees :

BURUNGA UNION FOUNDATION UK is a community based Charity organisation working for the welfare of the communities. The BUF UK is committed to help disadvantaged people who are having economic hard ship due to homelessness, language barriers particularly people from ethnic minorities who are underachieved in mainstream education. The young and old alike people participate in a wide range of religious, cultural and social activities such supplementary education classes, IAG sessions on issues affecting their social and economic wellbeing.

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally, trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the.

Organisation Management

The Board of Trustees are legally responsible for the overall management and control of the BURUNGA UNION FOUNDATION UK. The work of implementing most of their policies is carried out by themselves. Trustees met six times in the year and the meetings were chaired by the Chair of the Foundation.

The day-to-day running of the charity is delegated to the respective Chair, Secretary and Treasurer of the Foundation along with staff and volunteers. Activities - how the charity spends its money

Activities during the year

The Board of Trustees Members are pleased to report a very active year. The Foundation is actively seeking to protect its financial security in order to continue to safeguard the ongoing development of the centre and its projects and services that it offers to the local communities.

The BURUNGA UNION FOUNDATION UK, volunteers and Board of Trustees members have delivered the following services during the last financial year:

The Board of Trustees members are indebted to all members and well-wishers for their support to the BURUNGA UNION FOUNDATION UK. The Board of Trustees is very appreciative to the funders, members and local businesses for their financial support and donations. We would also extend a word of thanks to all individuals and other community groups/organisation that have worked with and support the BURUNGA UNION FOUNDATION UK.

Financial Review:

The financial position of the charity portrayed in the accompanied accounts. Statement of Board of Trustees ’s responsibilities.

Law applicable to Charities in England and Wales requires the Board of Trustees to prepare financial statement for each financial year, which gives a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Board of Trustees members are required to:

Reserve policy:

It is the policy of the BURUNGA UNION FOUNDATION UK that unrestricted funds, which have not been designated for a specific use, should be maintained at a level equivalent to at least their month’s expenditure. The Board of Trustees consider that reserve at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Foundation activities while consideration is given to ways in which additional funds may be raised.

The BURUNGA UNION FOUNDATION UK Board of Trustees will actively work to achieve this level of reserves.

Risk Factors :

The BURUNGA UNION FOUNDATION UK Board of Trustees Members have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Policies:

BURUNGA UNION FOUNDATION UK

(Charity No. 1202420

Receipts and Payments Account For the year ended 31 March 2025

2025
Receipts
Unrestricted
fund
£
Membership & nomination fee
6,754
Donation
25,000
Interest free Loan
Total Receipts
31,754
Payments
volunteers
1,500
Refreshments
1,200
Students donations
6,000
accountant
1,000
Donation for the poor
7,191
Total Payments
16,891
Net Receipts /(Payments)
14,863
Fund brought forward
23,460
Fund carried forward
38,323
2025
Restricted
fund
£
-
2025
Total
£
6,754
25,000
31,754
1,500
1,200
6,000
1,000
7,191
-
16,891
14,873
23,460
38,323

2 BURUNGA UNION FOUNDATION UK

(Charity No. 1202420

Statement of Assets and Liabilities For the year ended 31 March 2025

Current Assets

At Bank Bank Loan BBL Total

----- Start of picture text -----
2025 2025
Total
Unrestricted Restricted Total
£ £ £
38323 38,323
----- End of picture text -----

Current Liabilities Interest Free Loan

This financial statements are approved on behalf of the charity by:

Chairperson……………….. Date……………………. Treasurer …………………………… Date…………………….

BURUNGA UNION FOUNDATION UK

(Charity No. 1202420

Receipts and Payments Account For the year ended 31 March 2025

2025
Receipts
Unrestricted
fund
£
Membership & nomination fee
6,754
Donation
25,000
Interest free Loan
Total Receipts
31,754
Payments
volunteers
1,500
Refreshments
1,200
Students donations
6,000
accountant
1,000
Donation for the poor
7,191
Total Payments
16,891
Net Receipts /(Payments)
14,863
Fund brought forward
23,460
Fund carried forward
38,323
2025
Restricted
fund
£
-
2025
Total
£
6,754
25,000
31,754
1,500
1,200
6,000
1,000
7,191
-
16,891
14,873
23,460
38,323

2 BURUNGA UNION FOUNDATION UK

(Charity No. 1202420

Statement of Assets and Liabilities For the year ended 31 March 2025

Current Assets

At Bank Bank Loan BBL Total

----- Start of picture text -----
2025 2025
Total
Unrestricted Restricted Total
£ £ £
38323 38,323
----- End of picture text -----

Current Liabilities Interest Free Loan

This financial statements are approved on behalf of the charity by:

Chairperson……………….. Date……………………. Treasurer …………………………… Date…………………….