FINANCIAL STATEMENTS
GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
FOR THE YEAR ENDED 31/03/2023
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 | INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES |
| PAGE | 6 | STATEMENT OF TRUSTEES RESPONSIBILITIES |
GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31/03/2023
| 2023 Notes 3 88132 88132 4 (28,682) 5 (27,068) 32,383 - 32,383 196,222 228,605 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 Total Income Resources |
2022 |
|---|---|
| 40077 | |
| 40077 (23,083) (19,143) |
|
| (2,149) - |
|
| (2,149) 198371 |
|
| 196,222 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
BALANCE SHEET AS AT 31/03/2023
| 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 |
£ £ 402129 85201 28 85229 6154 79075 481204 12500 468704 228605 239909 190 468704 2023 |
2022 | 2022 |
|---|---|---|---|
| £ £ 402129 53558 88 53646 6954 46692 448821 12500 436321 196222 239909 190 436321 |
|||
| 436321 | |||
| 196222 239909 190 |
|||
| 436321 |
| Name: | Abdul Nashir Wahab | Mr Suruk Miah |
|---|---|---|
| Status: | Chairperson | Treasurer |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
NOTES TO THE FIANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2023
2. FIXED ASSETS
| COST As at 01/04/2022 Additions As at 31/03/2023 DEPRECIATION As at 01/04/2022 Charge for the year As at 31/03/2023 NET BOOK VALUE As at 31/03/2023 As at 31/03/2022 |
687405 687405 292033 292033 395372 395372 Building |
15% 61227 61227 55071 55071 6156 6156 Fixtures & Fittings |
33.33% 325452 325452 325016 325016 436 436 Computer Equipment |
15% 14617 14617 14452 14452 165 165 Kitchen Equipment |
Total |
|---|---|---|---|---|---|
| 1088701 0 |
|||||
| 1088701 | |||||
| 686572 0 |
|||||
| 686572 | |||||
| 402129 | |||||
| 402129 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY CENTRE
| NOTE 3- INCOMING RESOURCES 1 Rent Received 2 Membership 3 Donation 4 Grant NOTE 4- ADMINISTRATIVE EXPENSES 1 Salaries & Wages 2 Rates 3 Insurance 4 Light, Heat & Power 5 Stationary & Postage 5 Telephone 6 Professional Charges 7 Consultancy Fees NOTE 5- OTHER OPERATIVE EXPENSES 1 Social Events 2 Builder 3 Sundry Expenses 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 |
2023 |
|---|---|
| 12070 61990 4072 10000 |
|
| 88132 | |
| 13200 832 1995 8584 88 933 800 2250 |
|
| 28682 | |
| 6408 19600 1060 27068 |
|
| 5354 800 |
|
| 6154 | |
| 12500 | |
| 12500 |
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GREATER MANCHESTER BANGLADESH ASSOCIATION AND COMMUNITY
CENTRE
STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31/03/2023
The Trustees have, as requiries by the law, prepared accounts for the year ended 31 March 2022, 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.
30 January 2024
CHARTERED CERTIFIED ACCOUNTANTS
139 WILBRAHAM ROAD FALLOWFIELD MANCHESTER LANCS
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