**BANGLA CENTRE** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 25[th] JANUARY 2023** ## **BANGLA CENTRE** ## **LEGAL AND ADMINISTRATIVE INFORMATION** Board Of Trustees Charity Number SC045854. Principal address Independent examiner Signature Accountants Ltd Flat 4, 7 Station Approach Sutton SM2 6BW ## **BANGLA CENTRE CONTENTS** Page Trustees' report 1-2 Independent examiner's report 3 Statement of financial activities 4 Balance sheet 5 Notes to the financial statements 6-8 1 ## **BANGLA CENTRE TRUSTEES' REPORT** The board of trustees present their annual report and financial statements for the year ended 25[th] January 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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** a) To advance education by raising awareness of Bangladeshi culture, tradition and language by supporting a community school for children, young people and adults at the weekend named 'Bangla School'. b) The advancement of the Arts by organising traditional, annual, religious and historic events practised by Bangladeshis; by coordinating the cultural programmes and workshops at these events; by engaging professional and nonprofessional artists to perform at and to work with local communities leading up to these events. c) The provision of recreational activities for local communities by organising various sport events at least once a year for adults and kids, e.g., football, badminton, cricket tournaments and others. In furtherance thereof the association shall seek to: - preserve, enhance, enrich and share Bangladeshi culture, tradition and language in Scotland by building a strong cohesive sense of Bangladeshi identity - bridge differences between communities in Scotland by promoting harmony among communities themselves and the receiving community irrespective of ethnic origin, religious belief, age, gender or sexuality. - Work in partnership with other voluntary, statutory and community organisations serving similar purposes e.g. Gaelic School, Glasgow. - Provide a forum where issues of common concern can be raised and information, skills and good practice can be shared. - Coordinate the provision of initiatives which allow Bangladeshi communities to come together in joint activity with each other and the wider community. - Coordinate grassroots networking activity to provide aid to Bangladeshi communities at both local and international levels. ## **Achievements and performance** The Bangla Centre organised a number of successful events over the last year including "Kid’s Badminton Campaign”, “Kid’s Football Tournament”, “Men’s Mental Health Project Outdoor” activities to engage people in the community. The Bangla School is one of core segment of the Bangla Centre. The teaching team of the Bangla provided teaching and other support to students during the lockdown using Zoom and other methods. The current year have started face to face teaching. 2 ## **BANGLA CENTRE TRUSTEES' REPORT** ## **Financial review** During the financial period, Bangla Centre received £3,500 from Glasgow City Council for Sport’s Grants. With the generous support from the Bangla centre community members and well-wishers, Bangla Centre won a £3,000 grant from Foundation Scotland and donation from Scottish Census £940. ## **Structure, governance and management** The charity was established by a charitable trust deed on 30 July 2015. The board of trustees who served during the year and up to the date of signature of the financial statements Were: The Trustees' report was approved by the Board of Trustees. Trustee Date: 10/09/2023 **3** ## **BANGLA CENTRE** ## **Independent Examiner’s Report to the Trustees of Bangla Centre Trust** I report on the accounts of the charity for the year ended 25/01/2023 which are set out on page 3. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention [other than disclosed below*] 1. which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations - to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signature Accountants Ltd Institute of Financial Accountants Flat 4, 7 Station Approach Sutton SM2 6BW Date: 06/11/2023 **4** ## **BANGLA CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 25[th] JANUARY 2023** |Receipts:
Notes
Membership Contributions
BC School tuition fees
General Donations
Other Charitable activities
Grants Received
7
Receipts from Charitible Activities
Sales of Assets & Investment
Proceeds from sale of assets
Proceeds from sale of
investments
**Total Receipts**
Payments:
Costs of Charitable activites
4
Grants and Donations
Governance Costs
Purchases of fixed assets
Purchase of investments
**Total Payments**
**Surplus / (deficit) for year**|Unrestricted
Funds
Restricted
Funds
Total for
2023
Total for
2022| |---|---| ||£300
£300
£250
£0
£0
£30
£26
£26 £150
£31,730
£31,730
£10,067
£7,440
£7,440 £2,250| ||£32,056
£7,440
£39,496
£12,747| ||| ||£32,056
£7,440
£39,496
£12,747| ||£28,873
£28,873
£7,421
£5,600
£5,600
£1,070
£250
£250
£250| ||£29,123
£5,600
£34,723
£8,741| ||| ||£2,933
£1,840
£4,773
£4,006| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 5 ## **BANGLA CENTRE Statement of balances AS AT 25[th] JANUARY 2023** |**Funds Reconcilliation**
Opening Cash at Bank & in Hand
Surplus/(deficit) for the year
**Closing Cash at Bank & In Hand**|Unrestricted
Funds
Restricted
Funds
Total
for
2023
Total
for
2022| |---|---| ||£6,759
£2,754
£2,933
£1,840
£4,773 £4,006| ||£11,532 £6,759| |**Closing Bank and Cash Balances**||| |---|---|---| |**Transfer :**||| |Bank Current account|£11,431|£6,649| |Cash in Hand|£100|£110| |Bangla centre bank and||| |cash balance as at||| |25.01.23|£11,532|£6,759| |Closing bank and cash||| |balance trasfered to The|**--**|| |Bangla Centre SCIO|**£11,532**|| |**Bangla centre closing**||| |**bank and cash balance as**||| |**at 26.01.23**|**£0**|| The financial statements were approved by the Board Of Trustees on 10/09/2023. Trustee ## **6 BANGLA CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25[th] JANUARY 2023** ## 1 **Accounting policies** ## **Charity information** Bangla Centre Trust is a charity based in Scotland. ## **1.1 Basis of Accounting** These accounts have been prepared on the Receipts and Payment basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **1.2 Going concern** At the time of approving the financial statements, the board of trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the board of trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Natue and purpose of funds** During the year under review, all of the Charity's funds were used at the discretion of the trustees. The Charity received donations from its members and non-members. All the funds received were wholly and exclusively used for the pursuit and furtherance of the Bangla Centre objectives as stipulated in its constituions. ## **1.4 Charitable funds** Restircted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purpose. During the period under review, the charity received restricted fund from Glasgow City Council for Cricket Project and from Foundationa Scotland for Mans' Wellbeing Sports Project. During the period, Bangla Centre also participated Scottish census programme and recevied fund from GCVS. ## **1.5 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.6 Expenditure** Expenditure is accounted for on a cash basis and has been classified under headings that aggregate all costs relating 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. **7 BANGLA CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25[th] JANUARY 2023** ## **1.7 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **2 Board Of Trustees** None of the board of trustees (or any persons connected with them) received any remuneration during the year. ## **3 Related party transactions** There were no disclosable related party transactions during the year (2023 - none). ||||Total|Total| |---|---|---|---|---| |**4 Costs of Charitable**|Unrestricted|Restricted|for|for| |Activities|Funds|Funds|2023|2022| |Honoraria of the Bangla||||| |School Teachers|£2,255||£2,255|£2,015| |Rental for Premises: School||||| |School running costs|£1,000||£1,000|£150| |including Children's||||| |Cop 26-Forest march|£0||£0|£1,695| |Cost of Living Expneses|£700||£700|£0| |Resource Persons and Artists’|Fees|||| |COVID-19 support costs|£0||£0|£48| |Kilt walk expenses|£6,012||£6,012|£0| |Leisure Trip: Taxi and Coach||||| |Hire, etc|£1,000||£1,000|£2,090| |Prizes, Gifts, hall hire etc|£3,279||£3,279|£2,105| |BD aid project|£1,742||£1,742|£0| |Sports -Football, Cricket|£3,732|£5,600|£9,332|£0| |Refreshment||||| |Cultural/Religious Mela,EID|£9,093||£9,093|£90| |Website development and||||| |maintenance|£30||£30|£36| |Volunteers||||| |Expenses|£30||£30|£263| ||£28,873|£5,600|£34,473|£8,492| **8** ## **BANGLA CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 25[th] JANUARY 2023** ## **5. Donations and legacies** |Receipts:
Membership Contributions
BC School tuition fees
General Donations
Other Charitable activities
Grants Received
Receipts from Charitable Activities|Unrestricted
Funds
Restricted
Funds
Total for
2023
Total for
2022| |---|---| ||£300
£300
£250
£0
£0
£30
£26
£26
£151
£31,730
£31,730
£10,067
£7,440
£7,440
£2,250| ||£32,056
£7,440
£39,496
£12,747| ## **6. Governance costs:** ||Unrestricted|Restricted|Total for|Total for| |---|---|---|---|---| ||Funds|Funds|2023|2022| |Accountant fees|£300||£300|£250| ||£300||£300|£250| ## **7. Grant Received** Grant received during the year: |Unrestricted|Restricted|Total for|Total for| |---|---|---|---| |Funds|Funds|2023|2022| |Glasgow CIty Council Children Sports Grant|£3,500|£3,500|| |Foundation Scotland|£3,000|£3,000|£2,500| |Scottish Census|£940|£940|| ||£7,440|
£7,440|£2,500|