Compariy registration nubber: 005436 SHAHEED UDHAM SINGH ASIAN COMMUNITY CENTRE LTD TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Chartax Associates Ltd Chartered Certified Accountants 103 Island Business Centre 18-36 Wellington Street Woolwich London SE18 6PF
Shaheed Udham Singh Asian Community Centre Ltd Contents Reference and Administrative Details Trustees' Report Independent Examiner's Report Statement of Financial Activities (including Income and Expenditure Account) Comparative Statement of Financial Activities (including Income and Expenditure Account) Balance Sheet Notes to the Financial Statements The following pages do not form part of the statutory accounts: Detailed Statement of Financial Activities (including Income and Expenditure Account) Page 1 2 3 4 5 6 7-11 12
Shaheed Udham Singh Asian Community Centre Ltd Reference and Administrative Details For The Year Ended 31 March 2025 Trustees Directors Charity Number Company Number Registered Office Independent Examiner Mr Baljeet Gill - Chairman (appointed 09/10/2024) Mr Gurdev Rayat - Vice Chairman Mr Charan Athwal - Secretary (appointed 09/10/2024) Mr Baldev Jhaj - Treasurer (appointed 09/10/2024) Mr Surinder Chahal - Executive Member (appointed 09/10/2024) Mr Saeed Uddin Ahmad (resigned 09/10/2024) Mrs Rajnis Kaur (ceased on 09/10/2024) Mr Charan Singh Athwal Mr Surinder Singh Chahal (appointed on 09/10/2024) Mr Baljeet Singh Gill Mr Baldev Singh Jhaj (appointed on 09/10/2024) Mr Gurdev Singh Rayat 1001436 02545434 White Hart Road Plumstead London SE18 1DG Rajendra Prasad Subedi Chartax Associates Ltd Chartered Certified Accountants 103 Island Business Centre 18-36 Wellington Street Woolwich London SE18 6PF Page 1
Shaheed Udham Singh Asian Community Centre Ltd Company No. 02545434 Trustees' Report For The Year Ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. Objectives and Activities Aims and Objectives he centre provides hall hiring facilities both for private users and community organisation to hold public meetings and conferences, cultura nd sports activities such as Bhangra Dance, Gidda Dance and keep fit classes through the medium of circulatory weight training et Public Benefit Tharitys aciefim that they have had due regard to the Charity Commissions guidance on public benefit when planning and reviewing the The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit. Financial Review Financial Position he financial position of the Charity as at 31st March 2025 and comparatives for the prior period, as more fully detailed in the accounts ar ummarised as belon Vet Income £67,586 (2025) and £102,025 (2024 Inrestricted funds avaliable for the general purpose of the Charity £1,532, 187(2025) £1,464,601 (2024 Total funds £1,532,998 (2025) , £1,465,412 (2024). The trustees consider the financial performance by the charity during the year to have been satisfactory. Reserves Policy he reserves will be used in the areas of activities set out in its governing documents. The charity intends to expand its community hall in th ear future. It is estimated to cost £1,500,000. The charity is building up it reserves over the years to fund community hall expansion projec Small Company Rules his report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime with art 15 of the Companies Act 200 The trustees' report was approved by the board of trustees and signed on its behalf by: 13th March 2026 Page 2
Shaheed Udham Singh Asian Community Centre Ltd Independent Examiner's Report to the Trustees of Shaheed Udham Singh Asian Community Centre Ltd For The Year Ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent Examiner's Statement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Rejes dua Rajendra Prasad Subedi 13th March 2026 Chartax Associates Ltd Chartered Certified Accountants 103 Island Business Centre 18-36 Wellington Street Woolwich London SE18 6PF Chartax Associates & Co Chartered Certified Accountants 103 sland Business Centre 18-36 Wellington Street Woolwich, London SE18 6PF Tel 020 3620 5814 Page 3
Shaheed Udham Singh Asian Community Centre Ltd Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Unrestricted Restricted Total funds Total funds funds funds € € INCOME AND ENDOWMENTS FROM: Donations and legacies Other trading activities Investments Notes 3 4 5 EXPENDITURE ON: Raising funds NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 7 14 20 276,641 16,215 292,876 (225,290) 67,586 67,586 1,464,601 1,532,187 - 811 811 20 276,641 16,215 292,876 (225,290) 67,586 67,586 1,465,412 1,532,998 241,820 241,820 (139,794) 102,026 102,026 1,363,386 1,465,412 The notes on pages 7 to 11 form part of these financial statements. Page 4
Shaheed Udham Singh Asian Community Centre Ltd Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 INCOME AND ENDOWMENTS FROM: Other trading activities EXPENDITURE ON: Raising funds NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD Notes 4 14 2024 Unrestricted Restricted Total funds funds funds € 241,820 (139,794) 102,026 102,026 1,362,575 1,464,601 - 241,820 (139,794) 102,026 102,026 811 811 1,363,386 1,465,412 The notes on pages 7 to 11 form part of these financial statements. Page 5
Shaheed Udham Singh Asian Community Centre Ltd Balance Sheet As At 31 March 2025 FIXED ASSETS Tangible Assets CURRENT ASSETS Debtors Cash at bank and in hand Creditors: Amounts Falling Due Within One Year NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds TOTAL FUNDS 2025 2024 Unrestricted Restricted Total funds Total funds funds funds Notes 11 12 13 14 607,074 607,074 2,000 970,735 972,735 - 811 811 (47,622) 925,113 811 1,532,187 811 1,532,187 811 € 607,074 607,074 2,000 971,546 973,546 (47,622) 925,924 1,532,998 1,532,998 811 1.532,187 1,532,998 608,742 608,742 3,044 861,615 864,659 (7,989) 856,670 1,465,412 1,465,412 811 1,464,601 1,465,412 Feating o smal commerch 2025 the chariable company was ented o exemption from audit under section 477 of the Companies Act 2006 The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006. preparation a couledge their responsibilies for complying with the requirements of the Act with respect to accounting records and the These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Mr Baljeet Gill Trustee 13th March 2026 The notes on pages 7 to 11 form part of these financial statements. Page 6
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Financial Statements For The Year Ended 31 March 2025 1. General Information naheed Udham Singh Asian Community Centre Ltd is a company limited by guarantee, incorporated in England & Wales, registered numb 2545434 and registered charity number 1001436. The registered office is White Hart Road, Plumstead, London, SE18 1D( 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial 102o the Shandad reporting anar albe in he and real of ear ecompanies a re rei dare The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources The charity's incoming resources for the year were derived primarily from hall hire charges for the community centre. nations received for specific purposes are treated as restricted funds and are applied strictly in accordance with the dong tentions. Unrestricted donations are used at the discretion of the trustees to further the charity's general charitable objective The trustees record their sincere appreciation to all donors for their continued generosity and support. 2.3. Resources Expended During the year, the charity applied its resources primarily towards charitable activities in line with its stated objectives. Expenditure mainly related to direct charitable donations, community welfare projects, emergency relief appeals, and support for individuals and families in need. and efforts are not reflected as a financial cost in the accounts. The trustees remain satisfied that resources have been used efficiently, responsibly and solely in furtherance of the charity's aims and for the benefit of its beneficiaries. 2.4. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold Plant & Machinery Computer Equipment Nil 20% reducing balance 20% reducing balance 2.5. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 3. Income from Donations and Legacies 2025 Unrestricted funds € 20 2024 Unrestricted funds € Donations and gifts 4. Income from Other Trading Activities Income from other trading activities 2025 Unrestricted funds 276,641 2024 Unrestricted funds € 241,820 Page 7
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 5. Investment Income Bank interest receivable 6. Net Income/(Expenditure) The net income is stated after charging/(crediting): Depreciation of tangible fixed assets - owned 7. Analysis of Expenditure Raising funds Activities undertaken directly 66,667 Activities undertaken directly 29,654 Raising funds 8. Support Costs Employee costs Premises expenses General administration Depreciation Premises expenses General administration Depreciation Page 8 2025 Unrestricted funds € 16,215 2025 1,848 Support costs (see note 8) 158,623 Support costs (see note 8) 110,140 2024 Unrestricted funds 2024 2,265 2025 Total € 225,290 2024 Total 139,794 2025 Raising funds € 1,773 131,626 23,376 1,848 158,623 2024 Raising funds € 96,836 11,039 2,265 110,140
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 9. Independent Examiner's Remuneration Independent examination of the financial statements 10. Average Number of Employees Average number of employees during the year was: 1(2024: 1) 11. Tangible Assets Cost As at 1 April 2024 Additions As at 31 March 2025 Depreciation As at 1 April 2024 Provided during the period As at 31 March 2025 Net Book Value As at 31 March 2025 As at 1 April 2024 12. Debtors Due within one year Other debtors 13. Creditors: Amounts Falling Due Within One Year Trade creditors Other creditors Accruals and deferred income Land & Property Freehold 599,681 599,681 : 599,681 599,681 Plant & Machinery 174,317 174,317 165,635 1,736 167,371 6,946 8,682 Page 9 2025 1,920 Computer Equipment 592 180 772 213 112 325 447 379 2025 2,000 2025 32,502 13,200 1,920 47,622 2024 1,680 Total 774,590 180 774,770 165,848 1,848 167,696 607,074 608,742 2024 € 3,044 2024 2,869 5,120 7,989
- Movement in Funds Unrestricted funds General: General unrestricted fund Restricted funds LBG Arts and Culture Total funds Unrestricted funds General: General unrestricted fund Restricted funds LBG Arts and Culture Total funds
- Transactions with Trustees Shaheed Udham Singh Asian Community Centre Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 As at 1 April 2024 1,464,601 811 1,465,412 As at 1 April 1,362,575 811 1,363,386 Income 292,876 - 292,876 Income 241,820 241,820 Expenditure € (225,290) - (225,290) Expenditure As at 31 March 2025 1,532,187 811 1,532,998 As at 31 March (139,794) (139,794) 1,464,601 811 1,465,412 During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows: 2025 2024 1,658 Other Expenses Number of trustees reimbursed for expenses during the year was 3(2024: 0) Mr Baljeet Gill has paid £544.00 for staff welfare, £47.00 for printing, postage and stationery. Mr Baldev Jhaj has paid £83.47 for repairs and maintenance. Mr Charan Athwal has paid £984.00 for the advertisement. All of these expenses were incurred on behalf of the charity, and these have been reimbursed to the trustees.
- Related Party Disclosures Mr Gurdev Singh Rayat Trustee Mr Rayat has provided loan worth £3,000 to the charity during the year. This loan is repayable on demand. Mr Surinder Singh Chahal Trustee Mr Chahal has provided loan worth £5,000 to the charity during the year. This loan is repayable on demand. Mr Chahal has given donation worth £20 during the year to the charity. Mrs Rajnish Kaur Ex Director Mrs Kaur has paid £242.91 for the expenses incurred on behalf of the charity. These expenses have been reimbursed to Mrs Kaur. Subcontractors staff costing £59,066.48 was supplied by Singh Carpentry & Joinery Ltd where ex director Mrs Kaur holds 25% shares and this company is wholly owned by her family.
Shaheed Udham Singh Asian Community Centre Ltd Notes to the Financial Statements (continued) For The Year Ended 31 March 2025 17. Company limited by guarantee The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Page 11
Shaheed Udham Singh Asian Community Centre Ltd Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 Total funds 2024 Total funds INCOME AND ENDOWMENTS FROM: Donations and legacies Donations from individuals Other trading activities Income from operations Investments Bank interest receivable 20 20 276,641 276,641 16,215 16.215 292.876 241,820 241,820 EXPENDITURE ON: Raising funds Subcontractor costs Staff welfare Health and safety costs Travel and subsistence expenses Light and heat Water rates Repairs and maintenance Cleaning Security costs Vehicle fuel costs Insurance Printing, postage and stationery Advertising and marketing costs Telecommunications and data costs Website costs Independent examiner's fees Legal fees Professional fees Subscriptions Bank charges Sundry expenses Depreciation (66,667) 241.820 (29,654) (31) (27,228) (57,954) (5,554) (6,100) (4,049) (2,671) (40) (1) (1,848) (225,290) (225,290) 67,586 (139,794) (139,794) 102,026 NET INCOME Page 12