2023-03-31-accounts

REGISTERED CHARITY NUMBER: 700654

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Contents of the Financial Statements for the Year Ended 31 March 2023

	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 10
Detailed Statement of Financial Activities	11 to 12

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Report of the Trustees

for the Year Ended 31 March 2023

The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. 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: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Report of the Trustees

for the Year Ended 31 March 2023

Trustees

Mr A K M Asaduzzaman Trustee Mr Misba U Ahmed Trustee Mr Ansar Miah Trustee Mr Syed S Miah Trustee Mr Surab Ali 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 £88,505 (2022:£78,857) with a net surplus of £7,119 (2022: £31,502 surplus) and the total funds was £767,354 (2022:£760,235) 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 7 December 2023 and signed on its behalf by:

Mr A K M Asaduzzaman - Trustee

Page 2

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

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 2023.

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

7 December 2023

Page 3

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Statement of Financial Activities

for the Year Ended 31 March 2023

Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 74,215 Other trading activities 2 7,690 Investment income 3 6,600 Total 88,505 EXPENDITURE ON Raising funds 890 Charitable activities Education 80,496 Total 81,386 NET INCOME 7,119 RECONCILIATION OF FUNDS Total funds brought forward 760,235 TOTAL FUNDS CARRIED FORWARD 767,354	Restricted funds £ - - - - - - - - - -	31.3.23 Total funds £ 74,215 7,690 6,600 88,505 890 80,496 81,386 7,119 760,235 767,354	31.3.22 Total funds £ 78,857 - -
			78,857
			1,295 46,060
			47,355
			31,502 728,733
			760,235

The notes form part of these financial statements

Page 4

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Balance Sheet

31 March 2023

Unrestricted Restricted fund funds Notes £ £ FIXED ASSETS Tangible assets 7 703,327 - CURRENT ASSETS Cash at bank 87,874 - NET CURRENT ASSETS 87,874 - TOTAL ASSETS LESS CURRENT LIABILITIES 791,201 - CREDITORS Amounts falling due after more than one year 8 (23,847) - NET ASSETS 767,354 - FUNDS 9 Unrestricted funds TOTAL FUNDS	31.3.23 Total funds £ 703,327 87,874 87,874 791,201 (23,847) 767,354 767,354 767,354	31.3.22 Total funds £ 709,409 72,496 72,496 781,905 (21,670) 760,235 760,235 760,235

The financial statements were approved by the Board of Trustees and authorised for issue on 7 December 2023 and were signed on its behalf by:

Mr A K M Asaduzzaman - Trustee

Mr Syed S Miah - Trustee

The notes form part of these financial statements

Page 5

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Notes to the Financial Statements

for the Year Ended 31 March 2023

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 provided Fixtures & fittings - 15% reducing balance

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.

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Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

2. OTHER TRADING ACTIVITIES

2.	OTHER TRADING ACTIVITIES
		31.3.23	31.3.22
		£	£
	Membership fees	7,690	-
3.	INVESTMENT INCOME
		31.3.23	31.3.22
		£	£
	Rents received	6,600	-

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

6.

31.3.23 2 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 78,857 - EXPENDITURE ON Raising funds 1,295 - Charitable activities Education 46,060 - Total 47,355 - NET INCOME 31,502 - RECONCILIATION OF FUNDS Total funds brought forward 728,733 -	31.3.22 2 Total funds £ 78,857 1,295 46,060 47,355 31,502 728,733	31.3.22 2 Total funds £ 78,857 1,295 46,060 47,355 31,502 728,733
		1,295 46,060
		47,355
		31,502 728,733

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Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

6.	COMPARATIVES FOR THE STATEMENT	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued	OF FINANCIAL ACTIVITIES - continued
		Unrestricted Restricted		Total
		fund	funds	funds
		£	£	£
	TOTAL FUNDS CARRIED
	FORWARD	760,235	-	760,235
7.	TANGIBLE FIXED ASSETS
			Fixtures
		Freehold	and
		property	fittings	Totals
		£	£	£
	COST
	At 1 April 2022 and 31 March 2023	668,864	51,067	719,931
	DEPRECIATION
	At 1 April 2022	-	10,522	10,522
	Charge for year	-	6,082	6,082
	At 31 March 2023	-	16,604	16,604
	NET BOOK VALUE
	At 31 March 2023	668,864	34,463	703,327
	At 31 March 2022	668,864	40,545	709,409
8.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			31.3.23	31.3.22
			£	£
	Other creditors		23,847	21,670
9.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.22	in funds	31.3.23
		£	£	£
	Unrestricted funds
	General fund	760,235	7,119	767,354
	TOTAL FUNDS	760,235	7,119	767,354

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Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

9. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS	Incoming resources £ 88,505 88,505 At 1.4.21 £ 728,733 728,733	Resources expended £ (81,386) (81,386) Net movement in funds £ 31,502 31,502	Movement in funds £ 7,119 7,119 At 31.3.22 £ 760,235 760,235

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	78,857	(47,355)	31,502
TOTAL FUNDS	78,857	(47,355)	31,502

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund TOTAL FUNDS	At 1.4.21 £ 728,733 728,733	Net movement in funds £ 38,621 38,621	At 31.3.23 £ 767,354 767,354

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Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Notes to the Financial Statements - continued for the Year Ended 31 March 2023

9. MOVEMENT IN FUNDS - continued

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	in funds
	£	£	£
Unrestricted funds
General fund	167,362	(128,741)	38,621
TOTAL FUNDS	167,362	(128,741)	38,621

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.

Page 10

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
	31.3.23	31.3.22
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations	74,215	71,279
Grants	-	7,578
	74,215	78,857
Other trading activities
Membership fees	7,690	-
Investment income
Rents received	6,600	-
Total incoming resources	88,505	78,857
EXPENDITURE
Raising donations and legacies
Printing, Postage & stationery	890	1,295
Charitable activities
Wages	24,060	22,703
Pensions	88	-
Rates and water	1,580	1,886
Light and heat	10,795	8,656
Repairs & Maintenance	275	-
Insurance	1,259	2,578
Household and cleaning	3,995	-
Sub-Contractor	25,729	-
Telephone	572	522
Professional fees	888	144
Other charitable expense	1,758	-
Equipment Expensed	2,642	1,912
	73,641	38,401
Support costs
Finance
Bank charges	269	-
Depreciation of tangible fixed assets	6,082	7,155
	6,351	7,155

This page does not form part of the statutory financial statements

Page 11

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

West Bromwich Bangladesh Muslim Welfare Association & Islamic Centre

Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
	31.3.23		31.3.22
	£		£
Finance
Governance costs
Accountancy and legal fees		504	504
Total resources expended	81,386		47,355
Net income	7,119		31,502

This page does not form part of the statutory financial statements

Page 12

Doc ID: 9743ad93caa116327c59367d4ced5c23c8b70390

Audit trail

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West Bromwich Bangladesh Muslim Welfare Association Islamic... Title West Bromwich Ban...s YE 31-03-23.pdf File name Document ID 9743ad93caa116327c59367d4ced5c23c8b70390 Audit trail date format DD / MM / YYYY Status Signed

07 / 12 / 2023 Sent for signature to A K M Asaduzzaman 12:32:32 UTC ([e-mail]) and Asad Rajabali ([e-mail]) from [e-mail] IP: 217.67.57.7 07 / 12 / 2023 Viewed by Asad Rajabali ([e-mail]) 12:41:00 UTC IP: 148.252.128.69 07 / 12 / 2023 Signed by Asad Rajabali ([e-mail]) 17:45:36 UTC IP: 82.40.134.93 10 / 12 / 2023 Viewed by A K M Asaduzzaman ([e-mail]) 14:32:56 UTC IP: 77.101.20.121 10 / 12 / 2023 Signed by A K M Asaduzzaman ([e-mail]) 14:33:51 UTC IP: 77.101.20.121 10 / 12 / 2023 The document has been completed. 14:33:51 UTC

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