BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK Charity Registration Number: 1204640 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 OCTOBER 2024 REPORTING ACCOUNTANTS: AM ACCOUNTANCY SERVICES 43 BEN JONSON ROAD LONDON E14SA TEL." 020 7790 6111 Page 1 of 12
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK FOR THE YEAR ENDED 29 OCTOBER 2024 CONTENTS Pages Information of financi81 Statements Report of the Execubve Comrnittee Statement of responsibilities ol the Committee.. Independent Exatniner's Report Income and Expenditure Accounts Statement ofAssets and knabililies 10 Notes to the Accounts 11-12. Page2of12
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK FOR THE YEAR ENDED 29 OCTOBER 2024 ADDRESS 25 NEW ROAD LONDON E1 1HE BANKER NATWEST INDEPENDENT EXAMINER AM ACCOUNTANCY SERVICES 43 8EN JONSON ROAD LONDON E14SA TEL." 020 7790 6111 Charlty's Trustees.. Mthammed Manjurus Sarnad Chowdhury Badruz Zaman Shamsur Rahman Habibui Rahman Akbar Hussain Md Moynul Hoque Samim Ahmed Md Faruk Uddin Gulzar Hussain Muhilh Uddin Sheb8b Uddin Page30112
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK REPORT OF THE EXECUTIVE COMMIThEE FOR THE YEAR ENDED 29 OCTOBER 2024 The trustees present their report and financial slalements for the year ended 29 October 2024. Tlie Trustees have adopted ti)e provisions of ilie Staiemeiii of Recommended Praciiee (SORP) Accoiintiiig and Reportino by Chaiities issiied in 2005 in preparing the annual report and financial statements of tl)e Charity. Legal Stalus: Charity.. Registered with the Charity Comniission, Charity Nuinber.. 1204640 Objects, Principal Activities and Organisation of the Charlty The Charity's object is Ihe advancemeiit of education and sporls and relief of poveny and siekiiess in iii ilie UK and Bai)gladesh, ii) particular but not exclisivcly by tlie Inakiiig of graiits. Organisation: A Management Committee, the members ol which are the trustees manages the affairs ol the charity The Management Commiitee manages the business ol the charity including the paying of all expenses Trustees: 'I'rustees. wlio are all Inembers of il)e executive cominitiee, and who served duriiig the year are set out oli page J. Tlie trustees are elected at the Aniiiial GcneTal Meetin& for membership of11)e Execulive Coininitiee and serve iin(il Ihe eiid of Ihe next Annual Geiieral Meeting, where they Can stand for re- election as Inetnber5 of tlie new Executive Cominittee. Trustee5 responsibilities in relation to the finaneial stalements The coininiltee or Trustees are Tequired by charitys l<lW to prepare financial Etatemeiits for each fiiiancial year vhicli give a true aiid fail. view of the linancial aclÉvitiES of the cliai'ily and of ils financial posilÉon the eiid of that year. In preparing Ihose financial sthtements the Trustees are required io.. The Tru5tee5 are responsible for pffparing the Twstees Annual Report and the Financial Statements in accordance wth applicable law and regulations and United K1ngdorn Accounting Standards (United Kingdom Generally Acceple Accounting Praclicel. The law applicable lo chafilies in Englalld and Wales quiie5 the Trustees lo prepare Financia1 Statements loi each financial year which give a true and fair vlew of the state of affairs ol the charity and ol the incorning ie50urces and application ol iesources of the charity for that period. In preparing thes8 Financi81 Stalements, the Trustees are required to." Select suitablè accounting policies and then apply thern consistenuy". Observe the tnethods anol principles in the Charities SORP". Make judgements and accounting estimates that are reasonable and prudent., Prepare the Financial Statements on the going conTrm basis unless it is Inappropriate to presume th21 the charity will continue in operation Page4of 12
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 29 OCT08ER 2024 The Truslees are responsible lor keeping proper accounting records that disclose with reasonable accuracy al any litne the financial F(Jsityon of the charity and enable them to ensure Ihal the Financial Statements cofflply with the Charities Act 2011. The Charity (Accounts and Report51 Regulations 2008 and the provisions ol the trust deed. They are also responsible lor safeguarding the assets of the Ghaiily and hence for taking reasonable steps lor the prevenbon and detection ol fraud and other irregularities VOLUNTEERS.. The Trustees wsh to record their appieciation on behalf of the Charity and community lor the volunteers who. a5SlSt in the smooih running ol the Charity and are crilical in helping to keeps the running costs down RISK REVIEW.. The Trustees have conducled their own rèvièw ol thè tnajor risk5 to which the Charity is exposed and steps have been initiated ID minimise the identified nsks. All luncts.ons of the Charity are Subjected lo periodic review sulting in a process of ongoing improvement. All staff and volunteers are Iiained and have 811 the required statutory at)d regulatory dearance5 required. SERIOUS INCIDENTS ANO EXCEPTIONS.. The Trustees are pleased to note. that thére were no inoidents which gave rise to Ihe need lor the Trustees to lodge a Serious Inu¢Jent Report with the Charity Comm155ion. Furthermore, there were no Exceptions recorded and which gave rise to the need for the Trustees to COrd on the Chanty's Exceptions, Register. RELATED PARTY TRANSACTIONS.. During Ihe yearthe Chaiityvias undei Ihe control of Trustee5 and Managemenl Committee r*tnbers a$ listed above. This report, which has been prepared in accordance wlh the special piovisions of Part 15 or the Cornpanies Act 2006 applicable lo small companies. No members ol the management committee received any iemuneration during the year. No trustee or other person related lo the charity had any personal inleiesl in any contract or transaction entered into by the charity during the year. Reserve Policy Ir 15 the polry of the charity that unrestricted funds. which have not been designated for a specific use. should be tnaintained at a level equivalent to its expenditure. The Trustees consider that serves ai this level will ensure that, In the event of a significant drop in funding. They will be able lo continue the charty's current acts"vities while considerabon is given lo ways in which additional funds tnay be raised. The Centre will actively work to achieve this level ol reserves INDEPENDENT EXAMINER According lo the provisions ol the Charthes Act 2008 arid updated 2011. the Committee has a9ieed that and audit is not required foi this financial year. However ¢Yue to provisions of the sarne act an independent examiner is required and AM Accounlancy Services appointed as exlefftal Accountant or Independent Exatniner. Page 50112
Transaction and fjllancial posttion The Statement ol Financial Actibilies shows nel surplus for the year of £68.050 and our accumulated funds sland at £219.423 in total. AM Aocountancy Services carried out an independent examination of the accounts included in the report. Th15 report, which has been prepared in accordance with the Statement of Recommended Practice ISORPI Accounting and Reporting by Chaiilies issued in 2005. Approved by the trustees and slgned on its behalf by This report was approved by the Executive Committee on and signed on their behalf. Mohammed Maniutijs Sarnad Chowdhury ITrustee I Chair Per50nl Oate. Pa9e60112
Accountants, Report To the Triistees of BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK FOR THE YEAR ENDED 29 OCTOBER 2024 We report on thé accounts for the year ended 29 October 2024 Sel out on pagtrs 8 to 12 which have been prepared under the historical cost convention and the accounbng poliaes set out in note 1 to the finanaal ststements Re5PCCtive Responsibilitie5 of Trustees and Accountants As described on pagc 5 tlie triistees are r¢sponsible for ihe preparation of il)e finaiicial stateiiieiits. and ihey Consider tliat tlie Irust is exempt from an audit. It is oiir respoiisibility to carry out procedures designed to enable us to report our vpinioii to you. Basis of Opinion We conducted our work in accordance with the Staternent ol Standards for Reporting Acwuntants, and so our procedures consisted of comparing the accounts with the accounting records kept by the Charity, and making such limited enquiries of the trustees and officers as we considered necessary lor the purpose of this report. These procedures provide only the assurance expressed in our opinion. Opinion In our opinion.. lal The accounts are in agreetnent wilh the accounting iècords kept by the charity under the requirement5 of the Statement of Rscornmended Practice- Accounting and Reporting by Charities.. Ibl Having regaid only to. and on the basis ol, the Information contained in those accounts." 111 The accounts have been drawn up in a manner Th)nsislent with the accounting qUIrements speafied the Staternent of Recommended Practice- Accounting and Reporting by Charities, and 121 The charity satisfied the condikn'ons for the exemption from an audit of the accounts for the year speafied in the Charities Act. 131 This unaudited Account we have prepared in accordance with the figure. information and explanation we have re1Ved from the rnanagement of the current cornmitlee. AM AC'C'C)IlIN'I',INC"I' .sJ.' i{iiicv.s AM ACCOUNTANCY SER 43 BEN JONSON ROAO LONDON E14SA ICES L.IJNI l)(1411-'145A I."AX.. O?0 7790 80)3 Date.. Page 7 of 12
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK Statement of Financial Activities Ilncome & Expense Statement) FOR THE YEAR ENDED 29 OCTOBER 2024 2024 Total Notes Unrestricted Restricted Incoming Re50ur¢e$ Voluntary trncome: Online Donations All Other General Donations 13,265 84.201 13,265 84,201 Total Incomin Resoufces 97.466 97,488 Resources Expended D7Ct Charltable Expendlture Events and Activities Printing. Postage, Stationery & Advertisement Telèphone. fax antj photocopies 7V, Media & Advertising IT Iwebsile ooks and Materials Refreshments Wages and Volunteer expenses Donations to Charities 8,674 476 8.674 476 2.760 2.760 15,646 15.646 Direel charitsble expenditure 27,556 27,556 Management & Administration Expenses: AccountanGy Travel and promotion Bank charges Insurance Eouiprnenl expenses Motor expenses Depreciation Legal Costs 900 960 960 Mana efflent & Administration Ex enses. 1.860 1,860 Total Re$our¢es Ex nded 29.416 29,416 Net Incoming ResOue3 I (resources expendedl 68,050 68.050 Net Movement funds for the period.. 68.(0 68.050 Total FLtnd5 Brought foTh¥ard 151,373 151.373 Balance at 29 Oct 2024 219,423 219,423 Page80112
BEANI BAZAR LIPO ZILLA PROGOTHI EDUCATION TRUST UK Summary Income and Expenditure Account FOR THE YEAR ENDED 29 OCTOBER 2024 2024 Notss Income rotal expenditure Nel Surplu5 IDeficill loi the finanoal year 97,466 29.416 68,050 There were no recognised gains other than those included in the Income and Expenditure Account lor current year. Page90112
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK Statement of Assets & Liabilities l Balance Sheeti As at 29 Oct 2024 2024 NOTE Currer7t A5Set5 Cash at Bank 8 in Hand 220,323 220.323 Current Liabilittes Amount falling due to one year Accwals NET CURRENT ASSETS I ILIABILITIESI 219.423 TOTAL ASSETS LESS CURRENT LIABILITIES 219.423 FUNDS: Brought Fon¥ard 151,373 ExcessllDefioll of income gver expenditure 68.050 Total Funds 219.423 The financial statement5 were approved by the Executive Committee and signed treii behalf.. Mohammed ManjufU5 Samad Chowdhury Trustee I Chair Person) The f4otes on pages 10 to 12 form part of the fin8fj¢ial slatements. Pa9e 100112
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK FOR THE YEAR ENDED 29 OCTOBER 2024 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Basis of Accounting Basis ol accounting The Financial Slalements have been prepared urTrdei the historical c05t convention. as modified by the revaluation ol certain fixed assets and investments measured at market value. The Financial Statetnellts have been prepared in accordance with the Financial Reporting Standard for Smaller Entits"es lellective January 20151. and the reqU1MentS of Accounting and Reporting by Charities". Statement of Recommended Piaciice applicable to charities preparing their accounts in accordance with the Financ4al Reporbng Standard for Smaller Entitiès leffeclive January 20151 ISORP 20151. b. Grants Revenue grants a credited lo the Income and Expenditure account on a ie¢eivable basis. c. Oonations Donatian are recorded on a receipt basis. d. Incomin9 Re$ouices Voluntary income and donations are included in incoming resour$ when they are receivable. eXpt when the donors specify that they rnusl be used in future accounting peiiods or donors. conditions have not been fulfilled, then the incotne 15 deferred. The income from fundraisin9 ventures is shown gross. with the associated costs included In fundraising costs. e. Resources Expended Resources expended are included in the Slalement of Financial Activities on accruals ba51S. inclusive of 8ny VAT that nn0t be recovered. Expenditure that is directly attributable to specific activities has tieen included In these ¢osl categones. Where costs are allributable lo more than one activity. they have been apportioned across the cost categories on a basis con51Stent with the use ol those resources. f. Going Concern Basls The financial statements have been pièparèd on the gThng concern basis. as in the opIn)n ol the tIU5tees. there are no issues afising which would suggest any other basis as being more appropThate. g. Adrnlnistfation costs Administration expenditure includes all expenditure not directly related to the charitable acts'vity. h. Taxation As a chanty, they ale exempl from tax on income and gains falling within section 505 01 the Taxes Act 1988 or 5258 of the Taxation of Chargeable Gains Act 1992 to the extènt th8t these are applied to its charitable obiecls No tax charges have arisen in the Charity i. Depreciation.. Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic Iilè of that a$5et a5 follows.. Fixture. Fitting and Equiprnent.. 15 % on Reducing Balare rnethod Page11of12
BEANI BAZAR UPO ZILLA PROGOTHI EDUCATION TRUST UK FOR THE YEAR ENDED 29 OCTOBER 2024 NOTES ro THE ACCOUNTS Net Stsrplus of the Flnancial Year The ex$$ ol exptrnditufe over income is srated after charging". 2024 Accountants, remuneration Depreciation 900 Creditors antl AcrLEal$ Accountancy 900 Fundslcapltsl 2024 Bfvvd Blance 151,373 151,373 ExsSI (Deficit) of Incorne over Expènditure during the year 68,050 Balance at 29 Oct 2024 219,423 Page 12of 12