Office : Eastern ~‘v[ar.5ion. Si. ite 507 (5th t1 or 6 9. Pioneer Road. KaLrail. Dhaka -1000 Telephone 49350148(0)961 55S0 (R).Mob. 0 18! 8-175313. OF l5-~ 227 4 Partners : e—mail : [email protected], [email protected] FLL. Barua. FCAFCS ç Chittagong : AhmedArcad(2nd Floor). 42.Shahid Sohorowardee Road L-I.S. Dhar, FCA U . Kotawali. Chittaston~ S. Dhar. FCA.FCCA CHARTERED ACCOUNTANTS Telephone :613789,615854. Mob: 01714-452993

Country Director The Optimists Branch House # 02 Bijoy Nogar (Ground floor),

P.S — Palton, Dhaka-l 000, Bangladesh.

Subject: Auditors Report on the accounts of “CHILD SPONSORSHIP PROGRAM” of The Optimists Bangladesh Branch for the period from 1st January 2017 to 31st December 2017.

Dear Sir, We were appointed as auditor to conduct audit of the accounts of “CHILD SPONSORSHIP PROGRAM” Of The Optimists Bangladesh Branch for the period from 1st January 2017 to 31st December 2017. We have reviewed the Financial Positions on 31St December 2017 and related Income and Expenditure and Receipt and Payments accounts for the year ended as on 31St December 2017 with books of accounts, records, papers & documents as maintained by the organization & produced before us at time of our audit. Our observation and comments are as follows.

BACKGROUND OF THE ORGAN ZATION:

The Optimists was founded on 6th October 20Q0 in the United States of America .The Principal office is situated in New York, USA and opened a branch àfficé in Dhaka, Bangladeshi

During the period under audit The Optimists Bangladesh Branch carried CHILD SPONSORSHIP PROGRAM in Twenty Two (22) districts of Moulvibazar, Syihet, Hobigonj, Narayangonj, Rangpur & Dinajpur, Comilla, Munshigonj, Dhaka, Feni, Noakhali, Chittagong, Bagerhat, Magura, Kishoreganj, Chandpur, Sunainganj, Pabna, Madaripur, Laxmipur, Brahnianbaria & Narail to provide financial assistance to the needy and neglected orphan children for their education and health care.

The Optimists Bangladesh is planning to extend their activitiesin different.districts of Bangladesh.

OBJECTIVES OF THE ORGANIZATION: The objectives of the organization is to support mainly educational opportunities & provide health care to the poor, abused neglected & orphan children of Bangladesh.

ACCOUNTING BASIS: The Organization maintains its accounts on cash basis.

SCOPE OF OUR AUDIT: We have carried out our examination in accordance with generally accepted auditing standards and accordingly included such tests of accounting records and such other auditing procedures, as we have considered necessary appropriate in the circumstances. We have carried the external audiLand~ submit herewith the external audit report. Our responsibility is to express an independent opinion 1 SHAHA & COMPANY Chartered Accountants

ii. Consolidated Income & Expenditure Accounts & Branch wise Income & Expenditure Accounts for th period from 1St January to 31St December 2017.

iii. Consolidated Financial Position of Bangladesh Branch & Branch wise Balance Sheet of all the districts. FD-4 along with the TOR of Bangladesh Branch and Annexure-AI1.

iv. Consolidated Cash flow of Bangladesh Branch

iv. In Our Opinion Cash Transaction Should be Avoid.

REPORT:

a) We have obtained all the information and Explanations which were necessary for the purpose of our audit. b) In our opinion the Financial Position and the Income & Expenditure Accounts & Receipts & Payments Accounts have been drawn up properly.

c) In our opinion such Financial Position exhibits a true and fair view of the state of affairs of the organization according to the best of our information & explanation given to us & shown by books of accounts of the organization. d) The books of the accounts of the organization have been kept properly. e) The optimists have maintained its accounts on cash basis

Thanking You, Yours truly,

SHAHA & COMPANY Chartered Accountants The Optimists, Bangladesh THE OPTIMISTS Bangladesh Branch CONSOLIDATED INCOME & EXPENDITURE ACCOUNT For the yenr ended 3l’ December, 2017.

Receipts BD Branch Moulvibazar Syihet Hobigonj Narayisagonj RanWur Comilla Nluashsgonj

Fund Received From PHQ. NY USA: 13,999,750 00 - - - - Fund received from BD Branch to - 2.lOo,lOO 00 1,675,7011 00 590,200.00 668,400.00 917,00000 1,078 600.00 5°3,0O~0.00 District office Bankintereslreceived - - 24.00 - - 4’~2

Total Receipts 13,999,750.00 2,106,100.00 1,675,724.00 590,200.00 668,400.00 917,000.00 1,078,604.32 593,000.00 Payments BD Branch Moulvibazar Syihet Hobigonj Narayaagon’ Ran~ur ComBs Wuashagoaj. Fund Transferred To Dists*t Office: 12,050,265.81 The Optimists BD Branch Dist Fund To The Optimists \ioulvi bazar Dist 2,106,100 00 Fund To The Optimists Syihet Dist 1,675,700.00 Fund To The Optimists Hahigos~ Dist 590,200 00 Fund To The Optimists Naiayangonj Dist 668,400 00 Fund To The Optimists RangpurDist. 917,000:00 Fund l’o The Optimists Cotnilta Dint 1,078,600 IX Fund To The Optimists Munshigonj Diii 593,000 IX Fund To The Optimists Fests Dint. 322,700 00 Fund To The Optimists Dhaka Diii 621,30000 Fund To The Optimists ‘4oakhali Diii. 348,60000 Fund To The Optimists Chittagong Dint. 434,100 00 Fund To The Optimists Bagerhat Dist 356,550 00 Fund To The Optimists Magura Dial. 430,500 00 Fund To The Optimists DinajpurDist. Fund To The Optimists Kisboreganj taut. 217,900 00 Fund To The Optimists Cbundpur Dint 208,600 00 Fund To The Optimists Sunamgui9 Dint 395,875 (10 Fund To The Optimists Pabna Dint. 142,50000 Fund To The Optimists Madaripur Diii. .171,00000 Fund To The Optimists Lakshmilnsr Dint 97,140 II Fund To The Optimists Narail Dint. 389,900 00 Fund To The Optimists Brshmathaiia Dist 283,000 00

Child Benefits: - 2,101,700.00 1,675,000.00 588,800.00 666,100.00 916,000.00 777,000.00 593,000.00 Cash Stipend - 1,337,850.00 1,046,850.00 370,950.00 419,400.00 57,7,BO.0O 500,850.00’ 356,250.00 Dress Clothing (Uniforms) - 384,750.00 320,150.00 109,250.00 125,400.00 171,000.00 145,350.00 118,750.00 Medical Expenses - 160,250.00 134,050.00 45,750.00 52,800.00 70,500.00 45,950.00 49,750.00 Education Materials - 182,250.00 151,650.00 51,750.00 59,400.00 81,000.00 68,850.00 56,250.00 Other Expenses - 36,600.00 22,300.00 11,100.00 ‘ 9,100.00 15,700.Ô0 16,000.00 12,000.00 Functions

General Expensei: 1,375,841.89 3,991.24 2,278.51 617.88 734.48 1,346.46 . 1,617.07 Education Materials

Audio 189,00000 - - - Uniforms (Dress) Medical Expenses Advertisement & Publicity

Audit 25,00000 . . - - - - Bank Charges Including non-mEndable Tan 8,501 70 3,659.20 1,662.20 380.00 265.00 504.20 1,574.65

Computer Consimables 2,25000 - . - . - Custom Tax & Vat 40,035 00 - - . - . Electricity 3,212 00 . . . Furniture& Fixture

Labour Wages 12,00000 - . - -

Printing & Binding 5,310 19 — . . - —

Telex, mmmd & Fax 11,57000 - - . . Conference! Seminar Registration fee

Telephoix, Trio printer & Tetegrain 14,147 00 . . “7’••’ — - - Postage, Couriar & Parcel 39,586 00 Entertainment Expenses 1,57600 Fuel & Gas 9,450 00 Stipend Pay Of Head Office Personnel (I.ocsl) 693,198 00

Office Rent 180,00000 - . - Research & Surrey

Stationary Seal & Stamp 4,671 00 - - .

Transport Charge 22,300 00 - . - - -

Waler 8,00700 - . -

Travel/DSA (Itame) 65,300 00 . . Other Expenses 39,938 00

Depreciation Exp. - 332.04 616.31 237.88 471.48 842.26 42.42 Total Payments 13,426,107.70 2,105,691.24 1,677,278.51 589,417.88 666,834.48 917,346.46 778,617.07 593,000.00 Excess of income over expenditure / Excess of expenditure over incense 573,64230 40876 (1,554 51) 782.12 1.56152 (346 46) 299,91725 Total 0,999,750.00 2,106,100,00 1,675.724,00 590,200.00 668.40L00 917,000.00 1.078.60432 593.00000

) Major General Ab us Salani Chowdhui~ ndc (reU~ ‘S.. .., Country Director The Optimists, Bangladesh THE OP1 IMISTS Ban9ladesh Branch CONSOLIDATED INCOME & EXPENDITURE ACCOIJ ‘4T For the year ended 31st December, 2017.

Receipts Obakus Feni ~4ankhali Chlttagong Bagerbat Mqura Naarsil Kishereganj

Fund Received From PHQ. NV USA: - - Fund received from BD Branch to 621300.00 322,700.00 348,600.00 434,000.00 356,350.00 430,500.00 389,900.00 21 7900 00 District office - Bank interest received - 1,025.00 -

Total Receipts 621,300.00 322,700.00 349,625.00 434,800.00 356,550.00 436500.00 389,900.00 217,900.00

Paynsents . Dhaka Feni - Noakhali Chittagong Bageaftat Magura Naariil Kishoreganj Fund Transferred To District Office: The Optimists BD Branch Dist. Fund To The Optimists Moulvi baser Dist Fund To The Optimists Syihet Dist Fund To The Optimists Habigonj 01st. Fund To The Optimists Narayangot~ Dist. Fund To use Optimists Rangpur Out Fund To The OptimistsComulla fist Fund To The Optimists Munshigonj Dust Fund To The Optimists Feni 01st Fund To The Optimists Dhaka Dist Fund To The Optimists Noaldtali Dim Fund To The Optimists Chuttigong 01st Fund To The Optimists Bagerhat Dim Fund To The OptimistsMagurs Die. Fund To The Optimists Dinajpur Dig Fund To The Optimists Kisttoreganj Dist Fund To The Optimists Chandpur 01st Fund To ‘Fist Optimists Sunamganj 01st Fund To The Optimists Pabna Dist. Fund To The Optimists Madaripur 01st. Fund To The OptitnistsLakshmipurDist. Fund To The Optimists Narail Dist. Fund ToThe Optimists Brahmatsbazia Die.

Child Benefits: 619,700.00 322,000.00 347,500.00 434,800.00 - 356,500.00 434,500.00 389,900.00 217,000.90 CasliSlipend 423,150.00 193,800.00 210,900.00 262,200.00 213,750.00 276,900.00 233,700.00 131,100.00 Dress Clothing(Usiforms) 97,850.00 64,600.00 70,300.00 87,400.00 71,250.00 77,90030 36,900.00 43,700.00 Medical Expenses 39,950.00 27,200.00 29,600.00 36,800.00 29,750.00 32,800.00 32,800.00 18,400.00 Education Materials 46,350.00 30,600.00 33,300.00 41,400.00 33,750.00 36,900.00 8,600.00 20,700.00 Other Expenses 12,400.00 5,800.00 3,400.00 7,000.00 8,000.00 6,000.00 77,900.00 - Functions - 3,10O~00

General Expenses: 1,320.00 515.00 1,120.00 - 1,300.00 - - 269.60- Education Matenals Audio Unifotnss (Dress) Medical Expenses Advartixeussent & Publidsy Audit

Bank Charges Induding non-refundable Tax 1,320.00 51500 1,120.00 - 1,300.00 . 269.60 Computer Consumables Custom Taa& Vat Electricity Furniture & Fixture Labcuar Wages Pnntisg & Binding Telex, !nrctaet & Fan Conferencel Seminar Registration fcc T~l~l~ne, TeIc printer & Telegram Postage, Canner & Parcel Entetlainanast Expenses Fuel& Gas Stipend Pay Of Head 081cc Personnel ( Local) Office Rent Research & Survey StationarySeal & Stamp Transport Charge Water Travd/DSA (Home) Other Esepomes Depreciation Exp.

Total Payments 621,020.00 322,515.00 . 348,620.00 434,800.00 357,500.00 438,500,80 389,500.00 217,269.60

21000 10500 1,805.00 - (1,250 00) . - 63040

Total 621 ~5.OO _~2,7B.00 349,625.00 434,800.00 356,550.00 430,500.80 389,Y09~0~ ij~

7

M~or General Abd~s Salam Chow4huiy, ndc (retd) Country Director

~ The Optimists, Bang1ade~I1 HE OPTIMIS rs angladesh Branch CONSOLIDATED INCOME & EXPENDITURE a.CCOL.~fr For the year ended 31st December, 2017.

Receipts Cbandpur Stsnamganj Pabesa Madanpur l..aunipur B. Bana Total Tk. 2017 TotaiTh. 2116 Fund Received Frons PHQ. NY USA: 13.999,750.00 12,878,000.00 Fund received from BD Branch to District 20860000 395,875.00 142,500.00 171,900.00 97,14011 283,000.00 12,050,265.81 11,377,720.00 office Bank inttrest received 1.02 1,054.34 1,721,16

‘ Total Receipts 208,600.00 395.875,00 142,500.00 171,900.00 97,14113 283,000.00 26,051,070.15 24,255,441.16 Payments Cbandpur Sasnaangani Pabna Madaripur Laxmipur B. Baria Tatal Tk.~2016 TotaiTh. 2015 Fund Transferred To District Office: 12.050.265.81 11.377.720.00 The Optimists 3D Branch Dint Fund To The Optimists Moulvi bazar Die 2.106,100.00 1,958,200.00 Fund To The Optimists Syihet Die. 1,675,700.00 1,760,300.00 Fund To The Optimists Haingonj Dist 590,200.00 611,600.00 Fund To The Optimists Naraysngnnj Die. 660,400.00 415,300.00. Fund To The Optimists R.angpur Dist. 917,000.00 471,000.00 Fund To The Optimists Comilla Dist. 1.078,600.00 1,095,200.00 Fund To The Optimists Munshiga,~ Die. 593,000.00 601,700.00 Fund To The Optimists Feis Dist. 322,700.00 340,400.00 Fund To The Optimists Dhaka Die 621,300.00 653,500.00 Fund To The Optimists Noakhali fist 348,600 00’ , 341,800.00 Fund To The Optimists ChittsgongDist.’ 434,800.00 397,600.00 Fund To The Optimists Bagtrhat fist. 356,550.00 349,100.00 Fund To The Optimists Magsra Din 430,500.00 321,200.00 Fund To The Optimists Din~pur Dint 452,800.00 Fund To The Optimists Kistloregat9 Die. 217,900.00 229,200.00 Fund To The Optimists Chandpur Dint 200,600.00 200,620.00 Fund To The Optimists Sunamgss~ Dist. 395,875.00 392,300.00 Fund To The Optsmists Pabna Die. 142,500.00 143,500.00 Fund To The Optimists Madiripur Dist. 171,900.00 174,400.00 Fund To The Optimists Lakshtnipur Die. 97,140.81 96,000.00 Fund To The Optimists Natal Dist. 389,900.00 Fund The Optimists Brslnnanb,ria Din To 283,000.00 - 286,00000 Child Benefits: 207,600,00 395,050,00 141.500,00 170,500.00 97,000.00 283,000.00 10,730,150.00 01,368,110,00 Cash Stipend 125,400.00 243,900.00 85,500.00 102,600.00 57,000.00 171,000.00 7,340,850.00 7,108,300.00 Dress Clothing (Unifonns) 41,800.00 74,100.00 28,500.00 34,200.00 19,000.00 57,000.00 2,179,150.00 2,152,700.00 Medical Expenses 17,600.00 31,200.00 12,000.00 14,400.00 8,000.00 24,000.00 913,550.00 905,400.00

-1 -. Education Materials 19,800.00 35,100.00 13,500.00 16,200.00 9,000.8) 27,000.00 1,023,350.00 1,019,700.00 Other Expenses 3,000.00 10,750.00 2,000.00 3,100.00 4,000.00 4,000.00 270,150.00 3,100.00 182,01000 General Expenirs: 054.60 725.00 725.00 595.00 483,52 390.00 1,394,027.26 1,625,685.72 Education Materials - 3,600.00 Audio ‘ 189,000.00 0’ Uniforms (Dress) . .. . 7,600.00- ~ledical Expenses : . . 3,200.00

kdvertisement& Publicity ~ - 660.00 kudit 25,000.00 25,000.00 Bank Charges Including non-refijndable Tax 154.60 725.00 725.00 595.00 483.52 390.00 24,144.67 24,457.60 Computer Consumables 2,250.00 12,650.00 Custom Tax & Vat 40,035.00 35,331.00 Electricity 3,212.00 11,964.00 Furniture & Fixture - 0,5 00.00 Labour Wages 12,00000 12,49000 Printing & Binding 5,310.19 6,063.00 Telex, Internet & Fax 11,570.00 12,480.00 Conference/ Senanar - 32,840.00 Registration fee - 174,200.00 Telephon~ Telep,intu& Telegram —. 14,147.00 30,205.00 Postage, Courier& Parcel 39,586.00 56,772.00 Entertainntent Expenses 1,576.00 5,660.00 Fuel & Gas 9,450.00 7,800.00 Stipend . 66,000.00 Pay Of Head 010cc Personnel ( Local) 693,898.00 711,083.00 Office Rent 180,000.00 100,000.00 Research & Survey . 10,483.00 Stationary Seal & Stamp 4,671.00 14,881.00 Transport Charge ‘ 22,300.00 42,253.00 Water 8,097.00 18,961.00 Trsvet/DSA (FInase) ‘ 65,300.00 66,531.00 Other Expenses , . 39,938.00 41,304.00 Depreciation Exp. ‘ 2,542.40 2,709.12 Total Payments 207,754.60 395,775.00 142,225,00 171,095.00 97,483.52 283,390,00 25,174,443.07 24,371,515.72

845 40 108.00 275.00 ‘80500 (341 69) (390 00) 876,62708 (116,074.56)

Total 395.87e.oo 208.600,00 — 142,500.00 171,900.00 97,141.03 283,000.00 26.051.070.15 24.255.44106

~jor General Ab~s SalamChowdhury, ndc (itt~ Country Director The Ontimict~. Rttnultnde”nth THE OPTIMIsTs B,o,eiadeah Irosieb CO’4SOLIDATED RECEIPTS& PAYMFNTS iCCOINT For the year ended 31a December. 201”. Rocripta BD Brooch Mnalvih.aar Sylhet Ilobigonj Naraysngnnj Rangpar Cos.silla ~1unshigonj Dhska Opening Balance: Cash in hand . . Cis,h at bank: 337,029,10 1,463,50 .492.10 52.74 291.30 68620 504.09 785.00 Trust Bank Ltd. 333.35760 1.46350 (46280 . - 656.20 514.Ot) 705 AgramBnnkLtd - - - . . ‘Jational Bank Ltd - . . 7274 - Sonait Bank Ltd. 3,170 50 - . - 295.30 -

Fund Received From PHQ. NY USA: 11,999,750.00 - . . Coals reoeis’ed . . - . - Fund rnenl.ed ream BD Ba’.sab an Ohiajut amer - 2,106,18000 6,675,70050 590,200.00 66140070 957,00000 7,578 60000 i9330() 00 621.350 00

Bank interest received . 2415 - 432 Total 14,336379,10 2,107,563,50 1,677.216.80 590,212.74 669,691,30 917,686.20 1379,111.41 593500.00 622,~.00 Payment 80 Bemoh Odnialvibunar Syoaet Hobignnj Norsyangnaj Rangpur Comilta Mnrnshgonj Dbaka Fand iranaltsrred to distract officc 12,050,265.80 The Optimists SD Branch Dist. - Fond To lie Optonxsta Monte, inns, Dot 2 106,50000 Fond Tome Opiasxats Sythot t2nt .675.70000 Fond To The OpOnosta Hab:goo6 Otat. 59020000 Fond To Thu Opi:nsists Naeavs,9ont 0ot 66140000 Food Tome Opitenata Raogjotr Dint. 91332000 Fond To The Opionuats ConoUo Vast 1,07160000 Food To The Optarnat. Monntoptnj Da~ 591,00070 Fond To Thu Opurntsts Fern DeL 32170000 Fond To The Opiassets Deka Dot 62530000 Food Tome Olamosta Noakhah Dint. 341,60000 Fond To me Opeamsis CIottaga,~ Dtst, 43450000 Food Tome Opiantata Bagerhat Dtnt 356,55000 Food Tome Opionoata Magma Dat 430,50000 Find Tome Opiantats DtaoiioieDtst Food Tome OpiionaLa Kishoroganj Dat. 257,50000 Fond rome Opiassats Chaodpas DtaL 20540070 Fond Tome Opaarnota Staooogsaj Don 395575 00 F~atdTomeopwoonapahea Dint. 542,50000 Food Tome Oplaoista Madaetpoo DiaL 17130000 Fond Tome Opaaoiata Lakahttopatr DaiS. 97.14011 ~tod Ta me Oponnas Naeatl that. 31930070 Ftatd Tame emla Bu.hanaohao,a Dat ______hOJtOOJii - - - - Child Besnefito: - 2,101,71530 1,675,000.00 588,500.00 666,300.63 916,000.00 777,069.00 593300.00 619,700.00 Cast, Sttpeod . 1,337,850.06 1,046,850.00 370,950.00 419,400.05 577,800.00 500,850.00 356,25000 423,35000 Dross Clothtog (Urnftoms) - 384,75000 320,15000 109,250.00 025,400.70 170,00000 145,350.00 118,75000 97,050.00 Medical Expenses . 560,25000 134,05000 45,750.00 52,00050 70,500 00 45,95500 49,75000 39,950 00 Edacaton, Miateniala - 182,25000 151,65000 51,75000 59,40000 05,00000 68,85500 56,25000 46,35000

Othci Expenses ______. 36,68000 22,300.70 11,100.00 9,50030 15.70000 16,070.00 0232000 12,48000 General Expenses: ______1,375,041.89 3,659.20 1462.20 300.00 265.00 504.20 1,574.65 - 1,320.00 hhiuatioo Mannals ~adm 589320.00 Urnisntts (Demo) Ropesses ,(doeetsnmeatt & Ptddto,ty . - . 50420 - Aod:t 2732000 Bank COsign. htoltuiotg toot-rnlkadablaTao 1,201 70 3,65920 1,66220 380.00 26570 . 1,574,65 - 1,32000 Cannptitae Coataxmables 2,250(0 - . - . . . - Cionont Tao S Vat 4063570 - . , . . . - Etrnlnsotty 331270 - . - - ‘ ‘ - Fteogooe & Fiotnue Labour Wages 5250000 - . . . Phntotg & t3otd:ng 5,500 19 — . . . . . — Teleo. Iotenstut & Fa~ 1537000 - . . . , - Cimferenco I Smunau Reajstrntian foe

Tetopltano~ Tote prtuler & Telegnoot 14,14700 - - . . . . - Poatage.Cusner& Patnel 39,38670 — - . - — 66estansnoot Eopooon 137670 - . . Faet S Gas 9,45000 - . . - . -

Pay0fl4axdoffionPaesanoel (Local) 69559870 - - - ‘ - Offsin Root 0030000 - . - . . . - Rosrnnrh & Survey

Stattonsty Seal &Soatep 447100 - - ‘ — —. -—— -— Ttarnpoat Cltaige 2230018 Water 199770 TeasvliDSA (Steno) 65,50000 Other Eopneeo ___39338(0 . . . Closing Balance: 910,775.40 2,204.30 554.60 1,032.74 1,326.30 1,182.00 300,543.76 - 995.00 Cash Sal bond Cash at bank: So,tali Bank Ltd. 11,64150 2,326.30 Agrana Bank Ltd. 500,543.76 Natontal Bank L~ 7,032.74 Shabjaint Isinani Bank Ltd. 995 a a Ltd. AB Bank Ltd Rapalt Bank Ltd. NCC Bank Ltd. Cit5 BankW Tntst Bank Ltd. 899,729.90 2,204.30 55460 . ‘ . 1.102 00 Tntal 14,336,179.10 2,107,563.50 1,677,216.88 590,212.74 668491,30 917,686.20 1379,111.41 593500.00 622.005,00

Major General Abdus Salain Chowdhury, ode (reid) Country Director The Optimists, Ban~1adesh rilE OPTIMISTS Bangladesh Branch CONSOLIDATED RECELYIS & PAYMENTS ACCOUNT For the year ended 31st December. 2017. Reee.pta Fern No.khal, Oat008sag Ba0erhat Mogora ~i.roiI Kishore0an1 1 Cb,ndpar 5ons.r~anj Opening Balance: Cash a hand Cash at bank: 3.350,00 515.00 . 1,528.30 - 440.8!) 5.89 Tn.sfBankLtd 3,35100 51500 . 1.52830 - 45080 500 AVam Bank Ltd. . - . . . . - - M~ttanal Bank LL~ - . . . . Soesli Bank Ltd...... - FamdRnceived From PIIQ, NY USA: Cast. received Food eoaotvod r.’oa. 8!) Dto.d. loDt.s,4.otamna 322,700,00 348,60000 434,800.00 356,55000 430,50000 3*9,900.00 217,900.00 201,60050 395 17500

Bank interest received . 1,025 00 Total 326.05000 350,140.00 434,800,00 351,078.30 430,~.00 389,500,00 218,300.80 201,605.00 395,871.00 Payments rena NoabhaIi Cbitta1.ag Eqerhat Magura Narail tiohor.ganj Chaadpar Sunnn1anj Fond fronaferred to district o40ce: The Opt.mtsts BD Brooch D,st. PodTnTheOpt.mata Mnkn haanDist Fand TnDoOp.nnata ScihO D,.t Pm.d Ta The Opt~nata ltab6onj 0~t. Pod ToT m0rtcn.ata Naoysn~n0 Dast Pod ToTheOptanata Rn.~or Oat. Pod ToTheOptarata Coostn n.j. Pod ToTtoOptarast Mnolngoq D:sL. Pod TaloOtanat. Fan Dat.. Pod ToilmOpanceto Dh.he Din Pod ToThe0ptmata Noakbal, Dan. Post Ta Th~ Optanata Chifi gas~ trot. Pod Ta’floOptananta Banohat On. PardToTheOp~ona4a Manes D.~ Past To The Opta.osta Daa~pan On Pod Ta The Optarega Ka&engaa~Dnt Pod TameOpstan.ta Chdpar[Sst Pod Ta The Optanata Sman.ganj Dot Pod Ta The Opttmata Pahen D.ot. Pod Toll.eOpttmat, Mathnpan Dot Pod TaThe0ptnnala L,tpanD.st Pta..! Ta The C)ptanats No.5 OtsI. Pod Ta Ito Optan.ga Otatananbo. Dot, n.lld Benefit,: 322,00000 347500.00 434,800.00 356,500,00 430,500.00 389,900.89 217.09.00 20740050 395,051.00 Conk St.pcnd 193,800,00 210,900.00 262,20000 213,750.50 276,989.00 233,70000 131,100.00 123,400.00 24390000 Dean Cloth.ng(Umfoms) 64,600.00 70,10000 87,400.00 71,25000 77,900.042 36,900,00 43,700.00 41,800.00 74.1000 Methcal Exposes 27,20000 29,60000 36,80000 29,75000 32,800.00 32,80000 18,402.00 17,600.00 31.28.00 Eéxaticn Materials 30,60000 33,10000 41,40000 33,750.00 36,98900 8,60000 20,700.00 19,800.00 35,19.00 F.~acns 3,100 00 O4~ Expenses 5,800.00 3,400.00 7,00000 8,00050 6,000.00 77,90000 3,000.00 10,75000 General Expense.: 515.00 1,120.00 . 1,30050 - - 269.60 154.60 729,00 EdtmatasMatnn.I,

Untrera Drool k4nfo.i Erpoems 4.tnalneen.t & Pt6lantv heat.. Sank Cher1e. Iaalada.g an.ret’.anhble Tn.. 515.00 1,120 00 - 300.50 269.60 154.60 72500 mçCnn.anateeo ~to~Tao& Vat

Parat.on& Fietsee Laboan W.~eo Posang&Bodmg Fales, 1.oI & Fan teg,s.eanen foe rdrpltne. Tale penn. & Telegram ‘o.tage,Co.e.er& Pareal ~ Riot & On

Say Ohm.! OOtiae Pte.ortad ( Loot) teeoaenh& Barry !t.tooiay Sant & Stsmp Ft. tCbaegr IVatee

Clastog Balance: 3,53500 1520.06 - 278.30 ~- - 0,091.20 850.40 10000 Cank to hand Cash at bank: Ltd. AVant Bank Ltd. 10000 Natsonal Bank Lt~ ~td.jaIal Islami Bank 1.4 Dold. Boo&a Bank Ltd. AB Bank Ltd 3,535.00 8apaii Bank Ltd. 1,120.00 NCC Bank Ltd. Ctty Bank Lad Tnot Bank Ltd. ‘278.30 1,091.20 850.40 Total 326,050.00 350,140.00 434,800,00 351.078.38 430,500.00 389,90050 218,340.00 208,605.89 395,875.00 l0

(~)

‘or General Abdus Salam Chowdhuiy aide (i~t~ Country Director The Optimists, Bangladesh TIlE OPTIMISTS Bangladesh Branch CONSOLIDATED RECEIPTS & PAYMENTS ACCOUNT For the year ended 31st December. 2017.

Receipts Pabea Madaripur Laxm~ur B.Btaria . ToiaITk.2017 Total ~kZ0 6 OpenanO Balance: Cash mhand Cash it bank: - 2,093.00 341.69 “Il.OO 368,29932 414,66456 TruslBnnk Ltd. 2,09300 34169 7ll.O0 r 347.22308 445.6295’ At~au Bank Ltd . 42500 ‘Jaticeal Bank L~ . 02.74 5.60266 S naliBankLtd 4,062.50 2,9971e

Fend Recetied From PIOQ. NY USA . 13399.’SOiO I 2076.00000 Ctnsh received Fund icenhed frasa BO Reanche. Obielet omen 142,500 00 l7I,900.tO 97,140 II 213,00800 I 2390,26035 I 1,577,72000 Boak interest recorved I 02 1,054.34 1,721.16 Total 142,500.00 073,993.00 97,483.52 203,711.00 26,C2,.36947 -‘24,720,106.12 Payments Paba, Madaripar Laxniipur B.Barsa Tatal TkJOI7 Total Tk20i6 Fw.dtronakrred to district office: The Opttmialo BD Branch Oio~ Fund To The Opuotalo Moth, botar D,st. 2106.1 0000 1358.20000 Ftotd to The Ototmata Syltiat DeaL I 675,700(0 1,160.300.00 Fend to T1,o010m~ala Ilabgoesj Diot 590,200.00 111.60000 Final To The Opitecalo Naea,onaao Oral. 66840000 45.300(0 FtaidTo The Optmrtata RanBror Dot 9l7,00000 411.00000 Final ToThn0ptmas*s Coanlia Dot. I~7B,600W 1395.20000 Froad tot he O1oonteia Mtnahtg,a9 Dial 593,000.00 100,70000 [to,dTo fl.eOptroasto FeinDiat. 322,70000 346,40000 FrtaadTc t’hnOpnnnstaDboka Out 611,30000 613,5 0000 FtaadTo The Opiontata Noakhal, Dot 341,600.50 )tI,80000 Fend Is The Opatonos ChtttagurrgD.vt 434,800.00 397,60000 Fto.dTomeopatmoia l3apohat Dial 356.55000 349.00000 FundtoTheopaootata Magron Oral. 430500.50 321.20000 FendTo The Optirmato Dniajptoo Dot 452.00000 Fta~iTo ‘floe Opatonoo Ktahaee0at9 Dial 217,900.00 329,200,00 FanadloThe0pumtata Chsadpnr Dial 108,600.00 398,62000 Fund to The Optoet,to Snnaegara Drol 395,875.00 392.30000 Ft~ to The Optimal. Pnbea Dot 42,500.50 43,50000 Fend to The Opitnitato Modurpre Diet. 171.900 10) 74,400.00’ FaaoiTo The Optonoto Lokolsmtoc Dial. 97.14011 96.00000 Fused To The Optimal. NaIad DiaL 359.90000 Fund TnTha0paaeato Brointonbava Deal iii amen ltL arena ChildBenefita: .141,500.00 170,500,00 97000.60 203.000,00 I ~ Cash Stipend ‘ 85,50000 002,600.00 57,000 00 171,000.00 7.340,850.50 7,500.30000 Oress Clothing (Umfnnrs) 28,50000 34,20000 . 09,00000 57,00800 2,179,150.00 2)52,70400 Medical Expenses 12,000.00 l4,40000 0,00000, 24,00400 913,550.00 ‘ 105.40000 ‘ . 13,50000 16,200.00 9,500 50 27,000.00 1,83,350.00 1319,70000 E6tcaltoat Malarols . . 2,100.50 Other Espenun 239000 3,100.00 400000 4,000.00 270,150ff) ._ 112,01000 Genmul Eapena~: 725.00 595,00 483.52 390,00 1391,484.16 — l&2.976.60 lah~ Maeeral, . - , . 3.60000 A~odso - 19,00000 1Jsa~n (Dee..) . . 7,60000 Mathed kapavan , 3,20000 &dentieemeot& t’oUic: 50409 - 66000 25,00009 25,00000 OsakOrar8oo Ie~lttdatg necee oedoble Tan fl5 00 59500 40352 ‘ 39000 23,640.47 ‘ .24,45160 - . 2,250.00 [2,65000 :O~an Cmeaoobles

tenun7ox & Vat . 40,03509 ‘ 35,331.00 01~ 3,21209 11,96400 Fireman. & Fotuce - “ . . 0,50000 Lat~ Wage. . 2,00009 ‘ 12,49000 eunttol& Bra6.og . . ‘ 5,3 00.09 6,063,00 rear,. intovool& Fa~ 11,57000 12,40000 unfnome /Semmar . - 32,104000 t~anuoa be , . .174,20600 relq~in, Tele prose & Telegram . 14,147.00~ 30,205.00 ‘orelag,. Coiteot & Posed 39,586.00 56,77200 . 1,576.00 5.66100 5ud &Goa . 9,450.00 7.00000 it— . 66,00000 ‘ayCftinodOltieo Prenoao.l ( Lent) . 693,S9BtO 711,00100 )liioe Root . 110,00009 110,00000 tnaraidi & Decry ‘ 10,483.00 it0110ney Seal 3. Stain1, . - , 4,671.00- —14;IOb.00 Choigo rraas~ot . . 22,300.00 42,25300 6’~ . 0,09700 18,96100 FanedOsA lOosen) . 65,30009 66,530.00 )tbseEnpeeaa. ‘ 39,938.00 40,304.00 Closing Balance: 275.00 2,893.00 - - 321.00 1.250.46909 101.29932 Cash in band Cash at bank: Sonab Book LW. 321 00 14,288.00 4.77180 Agrant Bank Ltd. ~,643.76 - 445.00 Naticaal Batnk Lt4. 2,090.00 3,930.14 1.35174 ShaI~alaI burnt Bank W 985.00 - 705.00 Dutch Boogla Bank LItI 6909 AB Bank Lid 3,535.00 3,35000 Rupoli Bank Ltd. 1,520.00 51500 34CC Bank Ltd 74100 City Bank Lii 341.69 Tntat Bank Ltd. 275.00 ff5,565.70 338,994.20

Total 142,500.00 173,993.00 - 97,483.52 283,711.00 26,42,36947 - 24,710.106.12

S~AH~~

Major General Abdus Salain Chowdhur~ ode (retd) Country,Director The Optimists, Bang1~desh S HA &COMPANY Chartered Accountants

TILE OPTIMISTS Bangladesh Branch

STATEMENT OF CONSOLIDATED CASH FLOV*/S For the year ended 31st December, 2017.

Amount In (1k.) Particulars 2017

A. Cash Flow From Operating Activities: 879,169.48

Net Income after Tax 876,627.08 Depreciation 2,542.40 Increase\Decrease in Current Assets Increase\Decrease in Current Liabilities

B. Cash Flow From Investment Activities: Fixed Assets Investment

C. Cash Flows From Financial Activities:

Increase\Decrease in non Current Liabilities Increase\Decrease in Share Capital

Net Cash Increase~Decrease (A+B+C) 879,169. 8

Add : Cash and Bank Balance at the opening of the year —— 351;2 99.53

Cash and Bank Balance at the Closing of the year 1,230,469.01

~Lq

Major General Abdus Salan Chowdhuiy, ode (ret~ Country Director The Optimists, Bangladesh S1-IAHA& COMPA~JY Chartered Accountants

FORM FD-4

Auditors Cerüficate

NGO Affairs Bureau Approval No: 03.07.2666.665.68.030.17-391 Dated 25 April 2017

We have audited the accounts of “Child Sponsorship Program” Project of “The Optimists Bangladesh Branch” vide registration No: 2179, Dated 26th December 2006 from NGO Affairs Bureau of Prime Minister office. The Optimists Bangladesh Branch office Address: House # 02 Bijoy Nagar (Ground floor), P.S - Palton, Dhaka-1000, Bangladesh for the period from 1” January, 2017 to 31” December, 2017 and examined all relevant books and vouchers and certi1~’ that according to audited accounts:

1. Amount of foreign donation brought forward at the beginning of the period was Tk. 337129.10

2. Foreign donations amounting to Tk. 13999750.00 was received by the organization during the period.

3. Balance of foreign donations utilized by the organization at 31” December 2017 was Tk. 910771.40

4. Foreign donations amounting to Tk. 13,426,107.70 were utilized for the following purpose:

Amount (In Taka)

Head of expenditures! purposes Actually spent Difference As per Approved by BD branch Under Budget (Revised) Total Budget and expenditures 15,710,078.00 13,426,107.70 2,283,970.30 (Details in Annexure-AI1) Total Taka 15,710,078.00 13,426,107.70 2,283,970.30

5. Certified further that the organization maintained the accounts of foreign donations and records relating thereto in the manner specified in section 5 of the Foreign Donations (Voluntary Activities) Regulations Ordinance 1978 read with rules 6 and 7 to the said Ordinance.

6. The information furnished above is correct and were checked by us.

Dated : ‘~ JU~ L~1 SHAHA & COMPANY. 67/9, Estern Manson, 5/7, (5-Floor) Pioneer Chartered Accountants’ Road, Kakril, Dhaka-l000

Major Geneni AbdusISalam chowdhwy, ude ~retd~ Country Director The Optimists, Bangladesh SHAHA & COMPANY Chartered Account nts

THE OPTIMISTS, BANGLADESH BDANCII

PROJECT : CHILD SPONSORSHIP PROGRAM ( PERIOD : 01-01-2017 TO 31-12-201

Annexure-Au

NGO Affairs Bureau Letter No. 03.07.2666.665.68.030.17-391 dated 25 April 2017

Actually i~emarl~s/deferent Ser No. Head of Expenditure Code No. Approved Budget 1st Spent 1st b’ BO Venance if any with the Year -2017 branch Year -2017 g I Pay of head office personnel(local) 1.01 886,678.00 693,898.00 192,780.00 2 TravellDSAexpenses(home) 2.01 84,000.Q0 65,300.00 18,700.00 3 Office Rent 2.03 240,000.00 180,000.00 60,000.00 4 Water & Souarage 2.06 14,4(50.00 8,097.00 6,303.00 5 Electricity 2.07 18,000.00 3,212.00 14,788.00 6 Fuel & Gas 2.08 12,000.00 9,450.00 2,550.00

7 Research/Survey expenses 2.1 20,500.00 - 20,500.00

8 Books&Perjodjcals 2.11 . 55,000.00 - - 55,000.00 9 Audio/Video 2.12 300,000.00 189,000.00 11 1,000.00

10 Publicity 2.13 12,000.00 - 12,000.00 11 Stationary, Seals& Stamp 2.15 18,000:00 4,671.00 13,329.00 12 Printing& Binding 2.16 6,000.00 5,310.19 689.11 13 Entertainment Expenses 2.17 12,000.OÔ .1,576.00 10,424.00

14 Awards& Rewards 2.18 7,000.00 - 7,000.00

15 Labour Wages 2.19 .. 12,000.00 12,000.00 -

16 Computer Consumables 2.23 .. 45,000.00 2,250.00 42,750.00

17 Functions 2.24 15,000.00 . 4,000.00 11,000.00 18 Insurance/Bank Charges 2.28 15,000.00 8,501.70 6,498.30 19 Postage, Courier& Parcel 2.29 54,000.00 39,586.00 14,414.00 20 Telephone, Telegram& Teleprinter 2.3.0 18,0(50.00 14,147.00 3,853.00

21 Telex, Fax &Intemet 2.31 . 18,0(50.00 1 1,570.00 6,430.00

22 Income Tax 2.33 5,000.00 . - 5,000.00

23 Tax& Vat 2.34 - 48,0.00:00 . 40,035.00 . 7,965.00

24 Transport Charges 2.39 . 48,000.00 - 22~,300.00 - 25,700.00

25 Audit 2.4.0 . 30,000.00 . 25,000.00 .5,000.00

26 Publications 2.46 - 8,000.00 . . - 8,000.00

28 Semin~r/C~bféi~ii~ëExpenses 2.4~ . 48,000:00 - 48,000.00 29 Other Expenses/ContingenciesForCSP 2.68 . 346,5Ô0.00 - :266003.81 80,496.19

30 . Computer &Office Equipments 3.11 . ,, 3,000.00 - 3,~0.00

31 Stipend 2.42 8,451,00O~00 ‘ 7,51 1,850.00 939,150.00

-.• . 32 Dress (Cast~.Beiefit~ . - 2.45 ~- . 2,565,000.00 2,277,150.00 . 287,850.00 .33 Medical Expenses (Cash Benefit) 2.61 ,1,080,000.00 952,550.00 127,450.00 34 Education’Material~ (Cash Benefit) 2.41 1,215,000.00 1,078,650.00 136,350.00’ ~ Total 15,710,07L00 13,426,107.70. ?2,283,970J0..

14

I —

Major General Abdus Salam chowdhury, ndc ~oet~ Country Director The Optimists, Bangladesh SHAI-LA &COMPANY Chartered Accountants

THE OPTIMISTS BANGLADESH BRANCH

Project: Child Sponsorship Program Note-3 Period: 1st January 2017 to 31st December 2017

Source and Apprcation of Fund during the Year - 2017

Particulars Taka Tab

Application:

(A). Expenditure as per Annexure - A/I 13,426,107.70 (B). Less: Source of Fund Received 13,999,750.00 (A - B) = C (573,642.30)

Details of Break up is riven below:

Last Year Cash & Bank Balance: Cash in Hand Cash at Bank: Trust Bank Ltd. Ltd. National Bank Ltd. Sonali Bank Ltd.

Add: Sale of Fixture & Furniture Bank Interest Received FY-201 6 (D) Fund Inflow: (E) Expenditure due but not paid this year

(D + E) = F 337,129.10

Less: Closing balance for the year Cash in Hand Cash at Bank: 910,771.40

Trust Bank Ltd. 11,641.50 - Agrani Bank Ltd. National Bank Ltd. Sonali Bank Ltd. 899,129.90

(G) Fund Retained 910,771.40

Fund Spent (F - G) (573,642.30)

n ‘~ IIh 7fllQ Dated: ~ .~ JUl SHAHA& COMPANY 67/9, Estern Manson , 5/7, (5-Floor) Pioneer Road, Chai~countants Kakrail, Dhaka-1000

Major Gene~1Abdus Salani Chowdhin~ç ndc (retd) Country Director The Optimists, Bangladesh S HAF A& Co ~I PA NY Chartered A.ccountants The optimists Bangladesh Branch

Particulars Required By NGO Affairs Bureau

In addition to our Auditors’ report as follows, on the specific points required by the NGO Affairs Bureau, vide its circu ar no: NGO Affairs Bureau Enlistment/Renewal Memo No: 03.07.2666.657.043 .253.13-2525 dated March 20, 2018. This Report is made on the basis of our examination of the books and records of the concerned NGO.

We have conducted the audit in accordance with Bangladesh Standards on Auditing (BSA) and discharge our obligations with utmost responsibility remaining filly independent. The terms of reference provided with the enlistment has been followed and we confirm that the financial audit of The Optimists, for the year ended December 31, 2017 was preformed with due professional care.

2. In our opinion the NGO has maintained the accounts of the project in compliance with the requirements of-the foreign donations (Voluntary Activities) Regulation Ordinance 2016. So far as it appeared from our examination of the accounting books and records, in our opinion, the NGO has also complied with the accounting requirements specified in The Foreign Donations (Voluntary Activities) Regulation Ordinance, 2016.

3. The FD-4 along with Amiexure- Au has been prepared in prescribed format and has been duly certified and signed by us. There is no local income of the Organization forthis project during the year.

4. There is no separate project under The Optimists Bangladesh except the project shown in the accounts FD-6.

5. The major components of the child sponsorship program are as follows.

•:. Project Name: Child Sponsorship Program, The Optimists Bangladesh. •. Project Period: January 2017—December202l •:. Project Approval Memo No & Date: 03.07.2666.665.68.030.17-391,25 April 2017. + Fund Release Memo No & Date: 03.07.2666.665.68.030.17-391,25 April2017. + Amount of Release Fund: Tk. 1,57,10,078.00 + Amount of Foreign Donation Received: Tk. 1,39,99,750.00 + The amount of foreign donation was not received in the mother account before the approval of the fund. + Audit Year: January 2017— December2017. •• Project Area:

o Moulvibazar o Sylhet o Hobigonj o Narayangonj o Rangpur o Coinilla. o Munshigonj o Dhaka o Feni o Noakhali o Chittagong o Bagerhat o Magura o Dinajpur o Kishoreganj o Chandpur o Sunaniganj o Pabna o Madaripur o Laxmipur o Brahmanbaria o Narail

16 SHAHA& COMPANY Chartered Accountant

+ Number of Beneficiary: Total 1225 + Date of Appointment of CA Finn: 30th June 2018

6. The Receipts & Payment account has been prepared in accordance with the accounting records maintained by the NGO’s. A compilation sheet showing the reconciliation of the line items in the NGO’s accounts with those in the Annexure All has been enclosed with this report. A full set of financial statements including Balance Sheet, Income & Expenditure Accounts has been attached with audit report.

7. The audit has been arranged in sequential manner with common seal & signature.

8. This project of Optimists Bangladesh is continuing and the previous audit report was properly submitted to NGO Bureau.

9. The pages of the audit report have been signed and certified by us. One set of the audit report has been sent to the Deputy Director (Audit & Inspection) of the NGO Affairs Bureau under a security sealed cover.

10. The NGO was registered with the NGO Affairs Bureau vide Reg. No 2179 dated 26.12.2006 & renewed on 18 January 2017.

11. We confirmed that as per foreign donations (Voluntary Activities) Regulation Rule s-20 16, the NGO has received all foreign donations through a single bank account and that is Sonali Bank, Corporate Branch, Dhaka Cantonment, C/A no. 33086193.

12. Foreign donations were received through Sonali Bank, Corporate Branch, Dhaka Cantonment, Dhaka, Curt eat Account no: 33086193. The name of donor, date of receipts and amount received has been shown below

SI. No. Date of Receipts Name of Donor Amount (Tk)

1. 07.05.20 17 The Optimists 3,783,500.00

2. 09.08.20 17 Astoria, New York, The United 4,441,250.00 States of America. 3. 21.11.2017 5,775,000.00

Total: 13,999,750.00

From our verification we did not observe any difference between donation ledger and bank statement.

13._Duringtheyearunder audit, the NGO did not receive any donations in kind from its donors& any othersources.

14. During the year under audit, the Optimists not earned any bank interest and no exchange gain on foreign donation.

15. On the basis of the information available to us, and the result of our review of the books of accounts which was conducted on a sample basis, in our opinion, the NGO has maintained the cashfbank book, ledger, stock register, fixed assets register & other registers under the double entry system of Accounting in compliance with foreign donations (Voluntary activities) Regulation Rules, 2016.

16. The NGO does not have any Revolving Credit or Revolving Credit Fund for any other project.

17. The NGO does not conduct any micro credit program and does not have any license from Micro Credit Regulatory Authority.

18. During the year under audit, the NGO did not incur any expenditure in foreign culiency out of the project find.

19. The NGO adjusted budget over runs in one line item with surplus budget in another line item.

20. Salary & other allowances of the local staffs were paid by Cheque.

17 SHAHA & COMPANY Chartered Accountant

21. The project didn’t take any loan from any person or others organization

22. No salary, benefit and other honorarium benefits did received by member of NGO General Council and Executive Council from the project.

23. On the basis of the information available to us, in the results of our review of the financial control system of the NOD appeared to be good.

24. During the year under audit, the NGO has not refunded any unspent~balance.

25. Tax and Vat was deducted from the payment incurred by NGO except from the payment mention bellow-

SI. No & Subject Amount Deductable amount Deducted amount Govt. deposit Due payment TR No. expended Amount amount and date

VAT IT VAT IT VAT IT VAT IT I. Office Rent 180000 21600 9000 00 00 00 00 21600 9000

2. Audit Fee - 25000 3750 2500 00 00 00 00 3750 2500

3. Printing & 5310.19 797 00 00 00 00 00 797 00 Binding

4. Stationery, Seal 4671 187 00 00 00 00 00 187 00

& Stamp .

5EEntem1ain~ent 1576 63 00 00 00 00 00. 63 00

6~ Computer 2250 90 00 00 00 00 00 . 90 00 consumable

Total 26487 11500 .00 00 00 00 26487 11500

26. As per Income Tax Ordinance, 1984 rules the NGO is required to have Tax Identification Number (TIN). The TiN of the NGO is 557047595742. Income tax return in this year not submitted yet. The NGO having no foreign employee.

27~ The NGO does not have any income Generation Activities under their project.

28. During the year no expenses in made for foreign tour from foreign donation.

29. Market value of fixed assets owned by theNGO is not available. Only cariying value of fixed assets of the concerned project is shown in the note-3 of financial statements. All the assets were purchased in the name of the NGO and

rental agreement was with the NGO also. - .

30. During the year the NGO does not sale/exchanged any kind of properties.

31. Based on the results of our examinations conducted on a sample basis, and the books and records provided, we have not noted any irregularities, unapproved or unbudgeted expenditure to be reported in the Management Letter.

32. The audit report is prepared for the Fifth year and we have not audited this NGO more than five years back to back.

18 SE-IAHA & COMPANY Chartered Accountant

33. The organization has executive committee which consists of following:

SL.No. Name Designation

01. Major General Abdus Salam Chowdhury, ndc (Retd.) Country Director

02 Mazharul Haque Addi Countiy Director & Chief Operating Oflicer

03 Md. Abu Sayed Addi Country Director & Chief Financial Officer

04. Advocate Md. Shariful Islam Shiplu Director Finance

05. M. Alam Khan Director Public Relation & Information

06. Zaheda Begum Hena Director Evaluation, Research, Monitoring & Mentoring

07. A K M Saidul Karim General Secretary

The organization does not have any Governing body or Managing committee.

34. The NGO has provided for the audit fee from project funds.

35. Our enlistment number is Memo No. 03.07.2666.657.043.253.13-2525 dated March 20, 2018, Serial No. 19.

36. Organization’s all financial transaction are free from Money Laundering and Terrorist financing.

Major General Abdus Salam Chowdhu~’, ndc (reM) Country Director The Optimists, Bangladesh