BANGLADESH WELFARE SOCIETY OF BARNET
Bangladesh Welfare Society of Barnet (BWSB) We seek to meet the needs of the ever growing Muslim community in and around Barnet by providing and facilitating good practice in faith, community development, educational services and interfaith social cohesion. Additionally, we engage our local youth in various individual and team activities providing them with key skills in a fun and safe environment
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £1,236,230, an increase from the previous year's £1,023,668. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. The charity's total income rose significantly to £318,910, while total expenditure was £106,348.
What the accounts disclose
“The Trustees recognise the need to hold sufficient reserves to allow protection of core activities in the event of any income shortfalls to implement long-term strategic programmes and enable BWSB to carry out its essential projects.”
Property (HM Land Registry)
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?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £1,236,230, an increase from the previous year's £1,023,668. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. The charity's total income rose significantly to £318,910, while total expenditure was £106,348. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £61k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £42k |
| EAST END COMMUNITY FOUNDATION | 1 | £36k |
| CAMDEN GIVING | 1 | £30k |
| LONDON CATALYST | 1 | £10k |
| WAKEFIELD AND TETLEY TRUST | 1 | £6k |
| JOHN LYON'S CHARITY | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FINCHLEY | 1 | £3k |
Charities like this
- BANGLADESH WELFARE ASSOCIATION
- BENGALI WORKERS ASSOCIATION
- MUSLIM WELFARE SOCIETY
- MUSLIM WELFARE HOUSE
- MUIN WELFARE TRUST
- WAPPING BANGLADESH ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BANGLADESH WELFARE SOCIETY OF BARNET | £319k | — | 0 | unclear | — | no doubt |
| BANGLADESH WELFARE ASSOCIATION | £125k | — | 0 | unclear | — | no doubt |
| BENGALI WORKERS ASSOCIATION | £171k | — | 0 | unclear | — | noted |
| MUSLIM WELFARE SOCIETY | £226k | — | 0 | unclear | — | no doubt |
| MUSLIM WELFARE HOUSE | £2.2m | — | 0 | above | — | no doubt |
| MUIN WELFARE TRUST | £146k | — | 0 | unclear | — | no doubt |