THE BANGLADESH ISLAMIC ASSOCIATION
Advice Centre, Youth Centre, Mosque, Madrasha
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
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 | 15/08/2022 | £10k | Womens Activity and Skills Programme WASP 2 |
| The National Lottery Community Fund | 22/10/2020 | £10k | HOPE (Helping Older People Engage) |