FINANCIAL STATEMENTS
GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
FOR THE YEAR ENDED 31/03/2021
ROY & CO. CHARTERED CERTIFIED ACCOUNTANTS
139 WILBRAHAM ROAD FALLOWFIELD MANCHESTER LANCS M14 7DN
GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
| STATEMENT INDEX | |
|---|---|
| PAGE 1 | STATEMENT OF FINANCIAL ACTIVITIES |
| PAGE 2 | BALANCE SHEET |
| PAGE 3-4 | NOTES TO THE FINANCIAL STATEMENTS |
| PAGE 5 | STATEMENT OF TRUSTEES RESPONSIBILITIES |
| PAGE 6 | INDEPENDENT EXAMINER'S REPORT |
GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
| FOR THE YEAR ENDED 31/03/2021 2021 Notes 3 48686 48686 4 (14,263) 5 (150) 34,273 - 34,273 164098 198,371 Net Incoming (Outgoing) resources Balance brought forward at 1st April Balance carry forward Administrative Expenses Operative Income/Loss Interest payable and similar charges RESOURCES EXPENDED Other Operative Expenses INCOMING RESOURCES STATEMENT OF FINANCIAL ACTIVITIES Total Income Resources |
2020 |
|---|---|
| 32580 | |
| 32580 (34,596) (8,020) |
|
| (10,036) - |
|
| (10,036) 174134 |
|
| 164,098 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
BALANCE SHEET AS AT 31/03/2020
| Notes FIXED ASSETS 2 CURRENT ASSETS Cash at bank Cash in hand CREDITORS Amounts falling due within one year 6 NET CURRENT ASSETS CURRENT ASSETS CREDITORS Amounts falling due after more than one year 7 NET ASSETS FINANCED BY ACCUMALATED FUNDS Reserve Account Special reserve Bangladesh Disaster Fund Name: Status: Chairperson Abdul Nashir Wahab |
£ £ £ £ 398209 399304 59584 23416 131 131 59715 23547 6954 6154 52761 17393 450970 416697 12500 12500 438470 404197 198371 164098 239909 239909 190 190 438470 404197 Treasurer 2021 Mr Suruk Miah 2020 |
2020 | 2020 |
|---|---|---|---|
| £ 59584 131 |
£ 23416 131 |
£ 399304 17393 416697 12500 |
|
| 59715 6954 |
23547 6154 |
||
| 404197 | |||
| 164098 239909 190 |
|||
| 404197 | |||
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
NOTES TO THE FIANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2021
2. FIXED ASSETS
| COST As at 01/04/2020 Additions As at 31/03/2021 DEPRECIATION As at 01/04/2020 Charge for the year As at 31/03/2021 NET BOOK VALUE As at 31/03/2021 As at 31/03/2020 |
687405 687405 292033 292033 395372 395372 Building |
15% 56780 56780 52955 574 53529 3251 3825 Fixtures & Fittings |
33.33% 324872 324872 324426 85 324511 361 446 Computer Equipment |
15% 14617 14617 14328 36 14364 253 289 Kitchen Equipment |
Total |
|---|---|---|---|---|---|
| 1083674 0 |
|||||
| 1083674 | |||||
| 683742 695 |
|||||
| 684437 | |||||
| 399237 | |||||
| 399932 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
| NOTE 3- INCOMING RESOURCES 1 Rent Received 2 Room Hire 3 Esol Grant 4 Grant NOTE 4- ADMINISTRATIVE EXPENSES 1 Salaries & Wages 2 Rates 3 Insurance 4 Light, Heat & Power 5 Telephone 6 Stationary & Postage 7 Repairs & Renewals 9 Professional Charges 10 Cleaning 11 Depreciation 12 Consultancy Fees NOTE 5- OTHER OPERATIVE EXPENSES 1 Social Events 2 Sundry Expenses 3 Esol Training 4 40th Anniversary NOTE 6- CREDITORS (Within one year) 1 Inland Revenue 2 Professional Fees NOTE 7- CREDITORS (More than one year) 1 Hall Hire Deposit - Mr Iqbal 2 Milkey Way Nursery 3 Zenith Tutorials |
2021 4586 - - 44100 48686 1966 668 2934 4241 845 - 1254 800 - 695 860 14263 150 150 5354 1600 6954 10000 2000 500 12500 |
2020 |
|---|---|---|
| 21680 1000 9900 - |
||
| 32580 | ||
| 12000 1498 2884 11829 929 401 691 600 488 776 2500 |
||
| 34596 | ||
| 6738 442 840 |
||
| 8020 | ||
| 5354 800 |
||
| 6154 | ||
| 10000 2000 500 |
||
| 12500 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31/03/2021
The Trustees have, as requiries by the law, prepared accounts for the year ended 31 March 2020, which give a true and fair view of the state affairs of the association and of the profit or less for that period. In preparing these financial statements, the Trustees have:
-
i) Selected suitable accounting policies and applied these consistently
-
ii) Made judgements and estimates that are reasonable and prudent
-
iii) Prepared the accounts on the going concern basis
-
iv) Followed the Financial Reporting standard for smaller entities.
The Trustees have been keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the association and enable the trustees to ensure that the accounts comply with the Charities Act 2006. In addition, the trustees have taken reasonable steps in safeguarding the assets of the association, preventing and detecting of fraud and other irregularities.
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
INDEPENDENT EXAMINER'S REPORT
Respective responsibilities of trustees and examiner
As the charity’s trustees you are responsible for the preparations of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the act, whether particular matters have come to our attention.
Basis of independent examiner’s report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting record whether comply with the Charity's Act 2006. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters.
Independent examiner’s statement
In connections with our examination, no matter has come to our attention:
(1) Which gives us reasonable cause to believe that in any material respect the requirements:-
to keep accounting records in accordance with section 41 of the Act; and
to prepare accounts which acord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ROY & CO. CHARTERED CERTIFIED ACCOUNTANTS
28 February 2022
139 WILBRAHAM ROAD FALLOWFIELD MANCHESTER LANCS M14 7DN
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