**REGISTERED CHARITY NUMBER: 700654** ## **Report of the Trustees and** ## **Unaudited Financial Statements for the Year Ended 31 March 2021** ## **for** **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Contents of the Financial Statements for the Year Ended 31 March 2021** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 11| |**Detailed Statement of Financial Activities**|12 to 13| Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Report of the Trustees for the Year Ended 31 March 2021** The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The aims of objectives of the charity is the advancement of the religion of Islam. The advancement of the education of the Bangladesh Muslim community particularly of the children and young persons and teaching the Quran to young children. The charity provides welfare and advice services to the wider community in order to improve their quality of life. It also organises cultural and social activities as required to fulfil its objects. ## **ACHIEVEMENT AND PERFORMANCE** ## **Fundraising activities** The charity undertook a fundraising campaign in the year before and again the charity has been successful in a further TV appeal in the post year-end period to raise funds for the new Mosque building project. The charity is strengthening the local community through their improvement plan and is committed to sustainable development and management practices to support and enhance the project in all areas of the organisation. ## **FUTURE PLANS** The charity continued its day to day services to the community and plans to continue with its activities and provide additional services subject to obtaining further funding as required. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Organisational structure** The organisation was registered as a charity on 29 September 1988. The charity is tightly controlled by its board of Trustees. A management committee meets regularly to review the activities of the charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 700654 ## **Principal address** ## 67 Dartmouth Street West Bromwich West Midlands B70 8BZ Page 1 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Report of the Trustees for the Year Ended 31 March 2021** **Trustees** Mr A K M Asaduzzaman Chairman Mr S S Miah Trustee Mr Misba Ahmed Trustee Mr Surab Ali Trustee Mr Ansar Miah Trustee **Independent examiner** Mr Asad Rajabali ACA ICAEW Reg. No. 2846676 A To Z Accountants 44-45 Calthorpe Road Edgbaston Birmingham West Midlands **B15 1TH** ## **OPERATING AND FINANCIAL REVIEW** Total incoming resources in the year amounted to £51,889 (2020: £88,921) with a net surplus of £12,084 (2020: £26,148 surplus) and the total funds was £728,733 (2020: £716,649) at the year end. The charity hopes to continue with its fundraising campaign in the coming year in order to improve services and fulfil its objects. Approved by order of the board of trustees on 25 January 2022 and signed on its behalf by: Mr A K M Asaduzzaman - Trustee Page 2 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **Independent Examiner's Report to the Trustees of West Bromwich Bangladesh Muslim Welfare** ## **Association Islamic Centre** ## **Independent examiner's report to the trustees of West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** I report to the charity trustees on my examination of the accounts of West Bromwich Bangladesh Muslim Welfare Association Islamic Centre (the Trust) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr Asad Rajabali ACA ICAEW Reg. No. 2846676 A To Z Accountants 44-45 Calthorpe Road Edgbaston Birmingham West Midlands B15 1TH 25 January 2022 Page 3 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Statement of Financial Activities** ## **for the Year Ended 31 March 2021** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Education
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
**43,839**
**2,550**
**5,500**
**51,889**
**755**
**39,050**
**39,805**
**12,084**
**716,649**
**728,733**|**31.3.21**
Restricted
**Total**
funds
**funds**
£
**£**
**-**
**43,839**
**-**
**2,550**
**-**
**5,500**
**-**
**51,889**
**-**
**755**
**-**
**39,050**
**-**
**39,805**
**-**
**12,084**
**-**
**716,649**
**-**
**728,733**|31.3.20
Total
funds
£
45,704
37,717
5,500| |---|---|---|---| ||||88,921
880
61,893| ||||62,773| ||||26,148
690,501| ||||716,649| The notes form part of these financial statements Page 4 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Balance Sheet 31 March 2021** |**FIXED ASSETS**
Notes
Tangible assets
6
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one
year
8|Unrestricted
fund
£
**670,902**
**82,021**
**(450)**
**81,571**
**728,733**
**752,473**
**(23,740)**|
Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**31.3.21**
**Total**
**funds**
**£**
**670,902**
**82,021**
**(450)**
**81,571**
**728,733**
**728,733**
**728,733**
**752,473**
**(23,740)**|31.3.20
Total
funds
£
671,262
69,944
-
69,944| |---|---|---|---|---| |||||741,206
(24,557)| |||||716,649
716,649
716,649| The financial statements were approved by the Board of Trustees and authorised for issue on 25 January 2022 and were signed on its behalf by: Mr A K M Asaduzzaman - Trustee Mr S S Miah - Trustee The notes form part of these financial statements Page 5 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements** ## **for the Year Ended 31 March 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not depreciated ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 6 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements - continued** ## **for the Year Ended 31 March 2021** ## **2. OTHER TRADING ACTIVITIES** |
Membership fees
Tuition fees
**3.**
**INVESTMENT INCOME**

Rents received|**31.3.21**
**£**
**2,550**
**-**
**2,550**
**31.3.21**
**£**
**5,500**|31.3.20
£
10,000
27,717
37,717
31.3.20
£
5,500| |---|---|---| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Unrestricted
fund
£
45,704
Other trading activities
37,717
Investment income
5,500
**Total**
88,921
**EXPENDITURE ON**
Raising funds
880
**Charitable activities**
Education
61,893
**Total**
62,773
**NET INCOME**
26,148|Restricted
Total
funds
funds
£
£
-
45,704
-
37,717
-
5,500
-
88,921
-
880
-
61,893
-
62,773
-
26,148| |---|---| continued... Page 7 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** |**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||fund|funds|funds| |||£|£|£| ||**RECONCILIATION OF FUNDS**|||| ||**Total funds brought forward**|690,501|-|690,501| ||**TOTAL FUNDS CARRIED**|||| ||**FORWARD**|716,649|-|716,649| |**6.**|**TANGIBLE FIXED ASSETS**|||| ||||Fixtures|| |||Freehold|and|| |||property|fittings|Totals| |||£|£|£| ||**COST**|||| ||At 1 April 2020 and 31 March 2021|**668,864**|**5,405**|**674,269**| ||**DEPRECIATION**|||| ||At 1 April 2020|**-**|**3,007**|**3,007**| ||Charge for year|**-**|**360**|**360**| ||At 31 March 2021|**-**|**3,367**|**3,367**| ||**NET BOOK VALUE**|||| ||At 31 March 2021|**668,864**|**2,038**|**670,902**| ||At 31 March 2020|668,864|2,398|671,262| continued... Page 8 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** |**7.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---|---| ||||**31.3.21**|31.3.20| ||||**£**|£| ||Other creditors||**450**|-| |**8.**|**CREDITORS: AMOUNTS FALLINGDUE AFTER MORE THANONE YEAR**|||| ||||**31.3.21**|31.3.20| ||||**£**|£| ||Other creditors||**23,740**|24,557| |**9.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1/4/20|in funds|31/3/21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**716,649**|**12,084**|**728,733**| ||**TOTAL FUNDS**|**716,649**|**12,084**|**728,733**| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**51,889**|**(39,805)**|**12,084**| ||**TOTAL FUNDS**|**51,889**|**(39,805)**|**12,084**| ||**Comparatives for movement in funds**|||| ||||Net|| ||||movement|At| |||At 1/4/19|in funds|31/3/20| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|690,501|26,148|716,649| ||**TOTAL FUNDS**|690,501|26,148|716,649| continued... Page 9 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements - continued** ## **for the Year Ended 31 March 2021** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|infunds| ||£|£|£| |**Unrestricted funds**|||| |General fund|88,921|(62,773)|26,148| |**TOTAL FUNDS**|88,921|(62,773)|26,148| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1/4/19
£
690,501
690,501|Net
movement
in funds
£
38,232
38,232|At
31/3/21
£
728,733
728,733| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|infunds| ||£|£|£| |**Unrestricted funds**|||| |General fund|140,810|(102,578)|38,232| |**TOTAL FUNDS**|140,810|(102,578)|38,232| continued... Page 10 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Notes to the Financial Statements - continued** ## **for the Year Ended 31 March 2021** ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 11 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021** |**Detailed Statement of Financial Activities **
**forthe Year Ended 31 March 2021**||| |---|---|---| ||31.3.21|31.3.20| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**34,121**|45,704| |Grants|**9,718**|-| ||**43,839**|45,704| |**Other trading activities**||| |Membership fees|**2,550**|10,000| |Tuition fees|**-**|27,717| ||**2,550**|37,717| |**Investment income**||| |Rents received|**5,500**|5,500| |**Total incoming resources**|**51,889**|88,921| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Printing, Postage & stationery|**755**|880| |**Charitable activities**||| |Wages|**22,219**|20,920| |Pensions|**-**|11| |Rates and water|**1,116**|781| |Light and heat|**8,042**|9,110| |Repairs and maintenance|**1,800**|177| |Insurance|**1,405**|1,379| |Telephone|**-**|498| |Professional fees|**-**|648| |Other charitable expense|**2,098**|26,588| |Equipment expensed|**1,056**|-| ||**37,736**|60,112| |**Support costs**||| |**Finance**||| |Depreciation of tangible fixed assets|**360**|423| This page does not form part of the statutory financial statements Page 12 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f **West Bromwich Bangladesh Muslim Welfare Association Islamic Centre** |**Detailed Statement of Financial Activities **||| |---|---|---| |**forthe Year Ended 31 March 2021**||| ||31.3.21|31.3.20| ||£|£| |**Finance**||| |**Governance costs**||| |Accountancy and legal fees|**954**|1,358| |Total resources expended|**39,805**|62,773| |**Net income**|**12,084**|26,148| This page does not form part of the statutory financial statements Page 13 Doc ID: 4f15758f3ad77b4624fa961d0af8aba5937c558f Audit trail TITLE West Bromwich Bangladesh Muslim Welfare Association Islamic... FILE NAME West Bromwich Ban...s YE 31-03-21.pdf DOCUMENT ID 4f15758f3ad77b4624fa961d0af8aba5937c558f AUDIT TRAIL DATE FORMAT DD / MM / YYYY STATUS Signed **25 / 01 / 2022** Sent for signature to Mr A K M Asaduzzaman 16:43:57 UTC (asad-zaman@hotmail.co.uk) and Mr Asad Rajabali (atozaccountants@gmail.com) from accounts@sknservices.co.uk IP: 62.232.114.2 **25 / 01 / 2022** Viewed by Mr Asad Rajabali (atozaccountants@gmail.com) 17:09:17 UTC IP: 92.233.108.18 **25 / 01 / 2022** Signed by Mr Asad Rajabali (atozaccountants@gmail.com) 17:11:56 UTC IP: 92.233.108.18 **25 / 01 / 2022** Viewed by Mr A K M Asaduzzaman (asad-zaman@hotmail.co.uk) 17:31:24 UTC IP: 109.180.5.51 **28 / 01 / 2022** Signed by Mr A K M Asaduzzaman (asad-zaman@hotmail.co.uk) 13:18:43 UTC IP: 109.149.85.91 **28 / 01 / 2022** The document has been completed. 13:18:43 UTC