THE BANGLADESH ISLAMIC ASSOCIATION
Advice Centre, Youth Centre, Mosque, Madrasha
Objects
THE OBJECTS OF THE ASSOCIATION SHALL BE THE ADVANCEMENT OF THE ISLAMIC RELIGION AND RELIGIOUS BELIEFS
Financial health, per its FY2024 accounts
The accounts state that the charity generated a profit of £42,625 for the year ended 31st December 2024, an increase from the previous year's profit of £16,941. Total income rose to £92,385, while total expenses decreased to £49,760, resulting in net assets of £798,629. The balance sheet shows strong liquidity with bank balances of £139,106 and no current liabilities reported.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ABDUL RAZZAK
- JUNAB ALI
- MOHAMMED NOOR MIAH
- MOYNA MIAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £92k | £50k |
| 31/12/2023 | £71k | £54k |
| 31/12/2022 | £56k | £41k |
| 31/12/2021 | £42k | £28k |
| 31/12/2020 | £33k | £15k |
Common questions
Is THE BANGLADESH ISLAMIC ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a profit of £42,625 for the year ended 31st December 2024, an increase from the previous year's profit of £16,941. Total income rose to £92,385, while total expenses decreased to £49,760, resulting in net assets of £798,629. The balance sheet shows strong liquidity with bank balances of £139,106 and no current liabilities reported. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/10/2024 | £20k | WASP (WOMENS ADVOCACY SUPPORT PROGRAMME) 3 |
| The National Lottery Community Fund | 15/08/2022 | £10k | Womens Activity and Skills Programme WASP 2 |
| The National Lottery Community Fund | 19/11/2021 | £8k | Womens Activity and Skills Programme (WASP) |
| The National Lottery Community Fund | 22/10/2020 | £10k | HOPE (Helping Older People Engage) |