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2023-12-31-accounts

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

for the year ended 31 December 2023

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

CONTENTS PAGE
Business Information 3
Approval Of The Accounts 4
Accountants Report 5
Profit and Loss Account 6
Balance Sheet 7
Detailed Income Statement 8
Notes to the Accounts 9

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

BUSINESS INFORMATION

Proprietor The Bangladeshi Islamic Association Registered office 63 Mount Street Walsall WS1 3PL United Kingdom Accountant AA Accountancy (Midlands) Ltd 2 Bush Road Tipton West Midlands DY4 8LB

3

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

APPROVAL OF THE ACCOUNTS

I approve these Accounts, comprising the Profit and Loss Account, the Balance Sheet and the related notes. I can confirm that I have made available all relevant records and information.

….............................................................

The Bangladeshi Islamic Association

27th October 2024

4

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

ACCOUNTANTS REPORT

Accountants report on the unaudited accounts of The Bangladeshi Islamic Association for the year ended 31st December 2023

In accordance with the terms of our engagement letter dated 20th June 2022, we have prepared for your approval the accounts for the year ended 31st December 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes.

We have compiled these unaudited accounts from the accounting records, information and explanations that you have given us.

…..................................................

AA Accountancy (Midlands) Ltd

2 Bush Road Tipton West Midlands DY4 8LB

27th October 2024

5

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

PROFIT AND LOSS ACCOUNT

Turnover
Donations
Other Income
Total Income
Cost Of Sales
Gross Profit
Expenses
Wages, Salaries and other staff costs
Rent, Rates, Power and Insurance costs
Repairs and renewals of property and equipment
Phone, Fax, Stationery and other office costs
Advertising and Business entertainment costs
Accountancy, Legal and other professional fees
Other Business expenses
Total Expenses
Profit
2023
2022
£
£
60,754
40,297
10,300
16,062
71,054
56,359
-14,365
71,054
41,994
14,001
7,945
11,988
10,714
10,999
4,534
8,494
379
1,800
587
535
8,044
563
54,113
26,470
16,941
15,524

6

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

BALANCE SHEET

Notes
Fixed Assets
Fixtures and Fittings
1
Premises
2
Total Fixed Assets
Current Assets
Bank Balances
Net Current Assets
Current Liabilities
Net Assets
Capital Account
Balance at start of period
Net Profit
2023
2022
£
£
7,238
7,238
652,283
652,283
659,521
659,521
96,483
79,542
756,004
739,063
756,004
739,063
739,063
723,539
16,941
15,524
756,004
739,063

7

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

DETAILED PROFIT AND LOSS ACCOUNT

Turnover
Donations
Other Income
Total Income
Cost Of Sales
Gross Profit
Expenses
Wages and Salaries
Light & Heat
Water Rates
Insurance
Cleaning
Entertainment
Repairs and Renewals
Telephone
Printing. Stationery and other office costs
Licenses
Accountancy, Legal and other professional fees
Charity Donations
Bank Charges
Sundry Expenses
Total Expenses
Profit
2023
2022
£
£
60,754
40,297
10,300
16,062
71,054
56,359
-14,365
71,054
41,994
13,317
7,945
9,202
8,154
577
574
1,849
1,667
360
320
1,800
10,999
4,534
503
379
7,991
0
75
75
500
535
4,036
12
4,691
487
54,113
26,470
16,941
15,524

8

Charity Registration Number: 700659

The Bangladeshi Islamic Association

CHARITY ACCOUNTS

Year ended 31 December 2023

NOTES TO THE ACCOUNTS

1 Fixtures and Fittings
Cost
At 1 January
At 31 December
Depreciation
At 31 December
Net Book Value
At 31 December
2 Premises
Cost
At 1 January
At 31 December
Depreciation
At 31 December
Net Book Value
At 31 December
2023
2022
£
£
7,238
7,238
7,238
7,238
0
0
7,238
7,238
652,283
652,283
652,283
652,283
0
0
652,283
652,283

9