IRIS Accounts Production v24.1.9.2 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY Mrs Shahina Khanom Mrs Sabina Begum Shalim Uddin FRS 102 Unaudited Small companies regime for accounts Full Charities SORP true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh050667562023-03-31050667562024-03-31050667562023-04-012024-03-31050667562022-03-31050667562022-04-012023-03-31050667562023-03-3105066756ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-3105066756ns15:PoundSterling2023-04-012024-03-3105066756ns0:Trustee22023-04-012024-03-3105066756ns0:Trustee32023-04-012024-03-3105066756ns0:Trustee12023-04-012024-03-3105066756ns11:FRS1022023-04-012024-03-3105066756ns11:AuditExempt-NoAccountantsReport2023-04-012024-03-3105066756ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105066756ns11:FullAccounts2023-04-012024-03-3105066756ns11:CharitiesSORP2023-04-012024-03-3105066756ns0:TotalUnrestrictedFunds2024-03-310506675622023-04-012024-03-31
REGISTERED COMPANY NUMBER: 05066756 (England and Wales)
REGISTERED CHARITY NUMBER: 1106141














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Bangladesh Education And Development
Foundation

Bangladesh Education And Development
Foundation






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Report of the Trustees 1

Statement of Financial Activities 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 8

Bangladesh Education And Development
Foundation (Registered number: 05066756)

Report of the Trustees
for the Year Ended 31 March 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. 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
The charity's objects are to advance education, relief of poverty, sickness and distress of Bangladeshi people residing in Bangladesh and in the UK, by the provision of student grants, resources for educational establishments, libraries and information centres, training and facilities to enable employment and by working in partnership with other charities and statutory bodies to achieve these stated objects.

ACHIEVEMENT AND PERFORMANCE
The trustees are planning to undertake various activities in the coming year in Bangladesh and the UK.

FINANCIAL REVIEW
Total incoming resources in the year amounted to £120 (2023: £120) with a net surplus of £120 (2023: £120) at the year end.

FUTURE PLANS
There were no activities during the last year however charity intends to expand its activities in the coming year with projects in Bangladesh and the UK.

STRUCTURE, GOVERNANCE AND MANAGEMENT
The organisation is a charitable company limited by guarantee, incorporated on 8th March 2004 and registered as a charity on 1 October 2004.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles the initial subscribers to the Memorandum are the first Trustees of the Charity. One third of the Trustees must retire at each AGM subject to reappointment by the members.

REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements.

Approved by order of the board of trustees on 12 September 2024 and signed on its behalf by:





Shalim Uddin - Trustee

Bangladesh Education And Development
Foundation

Statement of Financial Activities
for the Year Ended 31 March 2024

31.3.24 31.3.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 120 120
NET INCOME 120 120


RECONCILIATION OF FUNDS
Total funds brought forward 667 547

TOTAL FUNDS CARRIED FORWARD 787 667

Bangladesh Education And Development
Foundation (Registered number: 05066756)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Cash at bank and in hand 787 667

NET CURRENT ASSETS 787 667

TOTAL ASSETS LESS CURRENT
LIABILITIES

787

667

NET ASSETS 787 667
FUNDS 5
Unrestricted funds 787 667
TOTAL FUNDS 787 667

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Bangladesh Education And Development
Foundation (Registered number: 05066756)

Balance Sheet - continued
31 March 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 12 September 2024 and were signed on its behalf by:





Shalim Uddin - Trustee

Bangladesh Education And Development
Foundation

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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.

Taxation
The charity is exempt from corporation 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.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.



Bangladesh Education And Development
Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. STAFF COSTS

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

31.3.24 31.3.23

No employees received emoluments in excess of £60,000.

No salaries or wages have been paid to employees, including the members of the committee, during the year.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 120
NET INCOME 120


RECONCILIATION OF FUNDS
Total funds brought forward 547

TOTAL FUNDS CARRIED
FORWARD

667

5. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 667 120 787

TOTAL FUNDS 667 120 787

Bangladesh Education And Development
Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 120 - 120

TOTAL FUNDS 120 - 120


Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 547 120 667

TOTAL FUNDS 547 120 667

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 120 - 120

TOTAL FUNDS 120 - 120

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

Net
movement At
At 1.4.22 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 547 240 787

TOTAL FUNDS 547 240 787

Bangladesh Education And Development
Foundation

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. 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 240 - 240

TOTAL FUNDS 240 - 240

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

7. COMPANY LIMITED BY GUARANTEE

Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of a winding up. The total number of such guarantees at 31 March 2024 was 3 (2023: 3).