WESTMINSTER BANGLADESHI WELFARE TRUST (WBWT)
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Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £51,175 for the year ended 31 March 2025, bringing total unrestricted and restricted funds to £195,704. The trustees report that the organisation had a 'brilliant year' with improved services and activities. The charity maintains a reserves policy target of six months' expenditure, though the specific unrestricted reserves figure is not explicitly broken out from the total funds in the provided text.
What the accounts disclose
“Reserve Policy of the charity that is unrestricted funds which have not been designated for a specific use, should be maintained at a level equivalent to at least six months expenditure.” — page 4
Trustees
- Rezaul Islam Chowdhurychair
- ASLAM KHAN
- MR S MIAH
- MR SHAHJAHAN
- Riyaz Marikar
- Shebul Ahmed
- Tipu Sultan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £178k | £127k |
| 31/03/2024 | £153k | £83k |
| 31/03/2023 | £91k | £69k |
| 31/03/2022 | £59k | £45k |
| 31/03/2021 | £54k | £49k |
Common questions
Is WESTMINSTER BANGLADESHI WELFARE TRUST (WBWT) financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £51,175 for the year ended 31 March 2025, bringing total unrestricted and restricted funds to £195,704. The trustees report that the organisation had a 'brilliant year' with improved services and activities. The charity maintains a reserves policy target of six months' expenditure, though the specific unrestricted reserves figure is not explicitly broken out from the total funds in the provided text. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/12/2024 | £17k | Sewing classes |
| The National Lottery Community Fund | 18/04/2019 | £10k | Cooking Network |
| The National Lottery Community Fund | 10/12/2014 | £9k | Tailoring and Employability Skills Development Programme |
| The National Lottery Community Fund | 06/12/2012 | £10k | Alderney House ICT Skills Project |
| The National Lottery Community Fund | 17/03/2011 | £10k | Reaching Out |
| The National Lottery Community Fund | 17/03/2009 | £10k | South Westminster Muslim Older Persons Healthy Living Project |