ASIAN WELFARE TRUST Charity Registration Number: 1208822 Company Registration Number . 15545962 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 REPORTING ACCOUNTANTS: PARTNERS PRACTICE & CO NEVILLE HOUSE 277-279 BETHNAL GREEN ROAD LONDON E2 6AH TEL.: 020 4568 3760 Page 1 of 12 ASIAN WELFARE TRUST FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Pages Information of financial Slalements Report of the Executive Committee Statement of responsibilities of the Cornmittee.. Independent Examinerfs Report Income and Expenditure Accounts Slalement of Assets and Liabilities 10 Notes lo the Accounts 11-12. Page2 of 12 ASIAN WELFARE TRUST FOR THE YEAR ENDED 31 MARCH 2025 MANAGEMENT COMMIThEE CHAIR PERSON Mr Mohammad Shahid Ullah GENERAL SECRETARY Mr Md Muzahidul Islam TREASURER Mr Abdul Kader Salam Begum ADDRESS Unil 136 East London Works 75 Whitechapel road London E1 1DU BANKER METRO BANK INDEPENDENT EXAMINER PARTNERS PRACTICE & CO NEVILLE HOUSE 277-279 BETHNAL GREEN ROAD LONDON E2 6AH TEL.: 020 4588 3760 Charl 's Trustees: Mr Mohammad Shahid Ullah Mr Md Muzahidul Islam Mr Abdul Kader Salam Begum Page 3of 12 ASIAN WELFARE TRUST REPORT OF THE EXECUTIVE COMMIThEE FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial ststemenls for the year ended 31 Marth 2025 The Trustees have adopted the provisions of the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities issued in 2024 in preparing the annual report and financial slalemenls of the Charity. Legal Status: Company: Limited by guarantee, company number: 15545962 Charity.. Registered with the Charity Commission, Charity Number: 1208822 Directors and their inleresl.. The following served as directors of the company during the year". Mr Mohammad Shahid Ullah Objects, Principal Activities and Organisation of the Charity The Charity is constituted as a company limited by guarantee, and is therefore govemed by a memorandum and articles of association. AND The Charitys objects are for the benefit of people in Asia and UK to the prevention or relief of povety. in parbcular children or young people. the general public of Communities but exclusively who are in hardship by". To advancement of education. training and employment opportunities To rèlief of poverty, sickness and disasters To help vulnerable people in UK and Asia To purpose any type of chaitable activity by the law of England and Wales. ASIAN WELFARE TRUST aims lo help families living United Kingdom and Asia from a wide range of backgrounds, especially those on low income or facing other forms of cultural or social disadvantage to become independent, and to access services which can help them to develop skills, with a great Importan￿ on supporting the needs of families and promoting social Cohesion wthin the wider community. Page4of 12 ASIAN WELFARE TRUST REPORT OF THE EXECUTIVE COMMIThEE FOR THE YEAR ENDED 31 MARCH 2025 Organisation: A Management Committee. the members of which are both dir￿lor$ and Iruslees manages the affairs of the company and charity. The Management Committee manages the business of the company and charity induding the paying of all expenses. Directors and shareholding The directors do not have any shares in the company. the company being lirnited by guarantee. There was a change in the directorship of the company during the year under consideration Trustees: Trustees, who are all members of the execub've committee, and who served during the year are set out on page 3. The trustees are elected at the Annual General Meeting, for membership of the Executive Committee and serve until the end of the next Annual General Meeting, where they can sland for re- election as members of the new Executive Committee. Direetors, / Trustees responsibilities in relation to the financial statements The directors are required by company law to prepare financial statements for each financial year which give a true and fair view of the financial a¢livilies of the charity and of ils financial position at the end of that year. In preparing those financial slalemenls the directors are required lo.. The Trustees are responsible for preparing the Trustees Annual Report and the Financial Slalements in accordance wlh applicable law and regulations and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practi￿). The law applicable to charities in England and Wales requires the Ttuslees lo prepare Financial Slatèmenls for each financial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these Financial Slatemenls. the Trustees are required to.. Select suitable accounting policies and then apply them Consislenlly., Obsetve the methods and principles in thè Charities SORP", Make judgements and accounting eslimales that are reasonable and prudent.. Prepare the Financial Statements on the going concern basis unless il is Inappropriate to presume that the charity will continue in operation The Directors l Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure that the Financial Slalements comply wth the Charities Act 2011. The Charity IA¢¢ounts and Reportsl R￿UlationS 2008 and the provisions of the trust deed. They are also responsible for safeguarding the asse15 of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities VOLUNTEERS: The Trustees wish to record their appreciation on behalf of the Charity and community for the volunteers who . assist in the smooth running of the Charity and are crib'cal in helping to keeps the running costs down RISK REVIEW: The Trustees have conducted their own review of the major risks to which the Charity is exposed and steps have been initiated lo minimise the identified risks. All functions of the Charity are subjected to periodic review resulting in a process of ongoing improvement. All stsff and volunteers are trained and have all the required stalulory and regulatory clearances required. Page sof 12 SERIOUS INCIDENTS AND EXCEPTIONS: The T¥uslees are pleased lo note, that there were no incidents which gave rise lo the need for the Trustees lo lodgg a Serious Incident Report with Ihe Charity ComTnis5ion. FurtherFnore. the￿ were no Exceptions recorded and which gave rlse to the need for the Trustees to record on the Charty's Exceptions, Register. RELATED PARTY TRANSACTIONS: During the year the Charity was under thè control of Trustee8 8nd Management Committee memter8 as Ilsted abové. This report, which has been prepared in accordance with the special provisions of Part 15 of the Companies Act 21106 applicable lo srnall companies. INDEPENDENT EXAMINER According to the provisions of the ch8rits.es Act 1993, the Committee has agreed that and audit is not required for this financial year. However due lo provisions ol the same act an independent 9xamlner is required and Partne¥s practice & co appointed as exl&fnal Accountsnl or Independent Examiner. Transaction and financial position The Statement of Financial Actiwties shows net surplus for the year of £1,528.00 and our accumulated fLtnds stand at £1.528.00 in lolal. Partners practice & co ¢3rried osjl an independent examination of the accounts included in the report. This report, which has been prepared in accordance with the Ststement of Recommended Practice {SORP) Aco)unling and Reportino by Charities issued in 2005. Approved by the trustees and signed on Its behalf by This report was approved on 1210912025 by the Exècutive Corllmittee on and signed on their behalf. Mr Mohammad Shahid Ullah (Chaimanl Date.. Mr Md Muzahidul Islam (General Secretsryl Dale.. Page6of 12 Accountants, Report To the Trustees of ASIAN WELFARE TRUST FOR THE YEAR ENDED 31 MARCH 2025 We report on the accounts for the year ended 31 March 2025 sel out on pages 8 to 12 which have been prepared under the hi51orical cost convention and the accounting policjes set out in note 1 to the financial stslements. Respective Rt5ponsibilitles of Trustees and Ac¢ountAnls As described on page 5 the trustees are responsible for the preparalitsn of the fin8nci81 slalements, and they consider that the trust is exempl from an aLJdit. 11 is our responsibility lo carry out procedures designed to 8noble us to report our opinion to you. Basis of Opinion We conducted our work in accordance with the Statement of Stsndards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the charity, and making such limited enquiries of the Iruslees and officers as we considered n8cessary for the Pufpose of this report. Th&se procedures provide only the assurance expressed in our opinion. Oplnlon In our opinion.. 181 The aer.nunts are in agregmènt with th8 accounting records kept by the charity under the requirements of the Statement of Recommended Practice- Accounting and Reporting by Charilfes.. Ibl Having regard only to, and on the basis of, the informat¢on contained in those accounts. 111 The a￿lunt$ have been drawn up in a manner t))nsislenl with the accounting requirements specified the Stslemenl of Recommended Practi¢e- Accounting and Reporting by Charitles, and 121 The charity satisfied th8 conditions for the exemption from an 8udil ol the accounts for the yeai specAfied in the Charities A¢t. (3} This unaudited Account we have prepared in accordance with the figure. information and explanation we have received from the management of the current committee. PARTNERS PRACTICE & CO NEVILLE HOUSE 277-279 BETHNAL GREEN ROAD LONDON E2 6AH TEL.: 020 4568 3760 Dat&. 12mgr2025 Page 7 of 12 ASIAN WELFARE TRUST Statement of Financial Activities (Income & Expense Statement) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total Notes Unrestricted Restricted Totsl Incoming Resources Memebership fees Friday Collections Parents Contribution (Madrashal Sadqa Donations 118za Income Cupping Income Refurbishment Project All Other General Donations Donations Via Gift Aid & Just Giving 7,586 7,586 Totsl Incomln Resources 7.586 7,586 R9$Ou￿0$ Expgndgd Direct Charitable Expenditure Printing, postage, stationery & Advetisement Telephone, fax and photocopies Rent, Rates and service charges Light, Heal and Water Books and Materials Refreshments Cleaning Wages and Volunteer expenses Events and activities IProjecl Costs) 5,500 5,500 Direct charitable ex enditure 5,500 5,500 Management & Admlnl$tratlon Expen$es'. Accountancy Advertising and promotion Bank charges Insurance CRB fee Depreciation Sundry Repairs 300 234 300 234 24 24 Management & Adminislralion Expense5'. 558 558 Totsl ResoU￿e$ Ex ended 6.058 6,058 Net Incomlng Resour¢g$ 1 (resources expended) 1,528 1,528 Net Movement funds for the period.. 1,528 1,528 Total Funds Brought fonvard Balance at 31 March 2025 1,528 Page 8of 12 ASIAN WELFARE TRUST Summary Income and Expenditure Account FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Income Total expenditure Nel Surplus IDeficitl for the financial year 7,586 6,058 1,528 There were no recognised gains other than those included in the Income and Expenditure Account for current year. Page 9of 12 ASIAN WELFARE TRUST Statement of A55ets & Llabllltles { Balance Sheetl As at 31 March 2025 2025 202 NOTE Fixed Assets Fixture, Fittings and Equipments Current Assets Cash at Bank & in Hand 1,828 1.828 Current Liabilitl8$ Amount falling due lo one year Accruals NET CURRENT ASSETS I ILIABILITIESI 1,528 TOTAL ASSETS LESS CURRENT LIABILITIES 1,528 FUNDS: 8rought Forward ExcgssllDeftcitl of income over expenditure 1,528 Totsl Fund$ 1,528 Th@ flnancial stat•ments ware approved on 1210912025 by the Executive Commrttee and signed on their bBhaK-. Mr Mohammad Shahid Ullah (Chairperson) Mr Md Muzahidul Islam (General Se¢retaryl Mr Abdul Kader Salam Begum (Treasurer) Date.. Dalo.. Dale.. The Notes on page$ 10 10 12 form parl of the finanrial stat&menls. Page 100112 ASIAN WELFARE TRUST FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS 1. ACCOUNTING POLICIES a. Ba$1$ of Accounting Basis of accounting The Financial Statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured al market value. The Financial Statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 20151, and the requirements of Accounting and Reporting by Charities.. Stslemenl of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard for Smaller Entities (effective January 20151 ISORP 20151. b. Grants Revenue grants are credited to the Income and Expenditure account on a receivable basis. c. Donations Donation are recorded on a receipt basis. d. Incoming Resources Voluntary income and donations are included in incoming resources when they are receivable, except when the donors specify that they musl be used in future accounting periods or donors, conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures Is shown gloss, with the associated costs included in fundraising costs. e. Resources Expended Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered. Expenditure that is directly attributable lo specific activities has been included in these cost categories. Where costs are attributsble to more than one aclivily, they have been apportioned across the cost categories on a ba515 consislenl with the use of those resources. f. Going Concem Basis The financial statements have been prepared on the going ￿ncern basis, as in the opinion of the Iruslees, there are no issues arising which would suggest any other basis as being more appropriate. g. Administration Costs Administration expendf(ure includes all expenditure not directly related lo the charitable activity. h. Depreciation.. Depreciation is calculated so as to write off the cost of an asset, less ils estimated residual value. over the useful economic life of that asset as follows". Fixture, Fitting and Equipment O OA on Reducing Balance method Page 11 of 12 ASIAN WELFARE TRUST FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE ACCOUNTS Net Surplus of the Flnan¢lal Year The excess of expenditure over income is slated after charging.. 2025 Accountants. remuneration Depreciation 300 Creditors and Acruals Accountancy 300 300 Fundslcapital 2025 Balance al 7 March 2024 Balance al 31 March 2025 Excessl (Deficill of Income over Expenditure 1,528 Balance at 31 March 2025 1,528 Page 12of12