BANGLADESH WELFARE SOCIETY OF BARNET
Financial health, per its FY2023 accounts
The accounts state that total income decreased slightly to £177,884 from £179,478 in the prior year, while charitable expenditure increased to £63,382. Despite this, unrestricted reserves grew significantly to £1,023,668, providing a strong financial buffer. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- AL-MD ABDUL GAFFAR
- ANHAR MIAH
- BADRUL ISLAM
- BELAL AHMED CHOWDHURY
- GOUSUL BARI CHOWDHURY
- JAMAL MIAH
- KALAM MATIN
- MOHAMMED NURUL ISLAM
- Mohammad Fozlul Hoque
- Mohammed Fozor Ali
- Mohammed Ochi Miah
- Ruhul Amin
- Tofozzul Miah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £319k | £106k |
| 31/12/2023 | £178k | £63k |
| 31/12/2022 | £179k | £57k |
| 31/12/2021 | £329k | £67k |
| 31/12/2020 | £470k | £35k |
Common questions
Is BANGLADESH WELFARE SOCIETY OF BARNET financially healthy?
The accounts state that total income decreased slightly to £177,884 from £179,478 in the prior year, while charitable expenditure increased to £63,382. Despite this, unrestricted reserves grew significantly to £1,023,668, providing a strong financial buffer. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £77k |