Bandral Support Network
Annual Accounts Report for Trustees Financial Year: 2024–2025
1. Overview
This report provides a simple summary of the income and expenditure of Bandral Support Network (BSN) for the financial period Oct 2023– March 2025. It is intended to give trustees a clear picture of how funds were received and used in support of the organisation’s objectives.
2. Summary of Accounts
| 2. Summary of Accounts | |
|---|---|
| Description | Amount (£) |
| Opening balance | £11,356.00 |
| Total Income | 22,086.33 |
| Total Expenditure | (25,901.50) |
| Net Surplus / (Defcit) | (3,815.17) |
| Closing Balance | £7642.00 |
| 3. Income Breakdown | |
| Income Source | Amount (£) |
| Zakat | 11,985.00 |
| BSN Donations | 5,752.33 |
| Fitrana (net) | 3349.00 |
| Other / Adjustments | 1,000.00 |
| Total Income | 22,086.33 |
4. Expenditure Breakdown
| Expenditure Category | Amount (£) |
|---|---|
| Families Support | 7,105.00 |
| Education / Training | 3,653.00 |
| Medical Treatment | 3,418.50 |
|---|---|
| House Repair / | 4428.00 |
| Maintenance | |
| Wedding Support | 2,350.00 |
| Fitrana Out | 1,478.00 |
| Supporting Road to | 620.00 |
| Success Initiative | |
| Total Expenditure | 25,901.50 |
5. Trustee Notes
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Expenditure during the year exceeded income, resulting in a deficit.
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The majority of funds were directed towards families support, education, medical treatment, and housing-related assistance.
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Trustees may wish to review fundraising strategies and cost planning for the coming year to ensure financial sustainability.
6. Approval
Approved by Trustees: _________
Date: _________