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2021-12-31-accounts

REGISTERED CHARITY NUMBER: 1001623

TRUSTEES' REPORT AND

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

Page
Trustees' Report 1 to 8
Trustees' Responsibility Statement 9
Report of the Independent Auditors 10 to 12
Statement of Financial Activities 13
Statement of Financial Position 14
Statement of Cash Flows 15
Notes to the Statement of Cash Flows 16
Notes to the Financial Statements 17 to 25

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees present their report with the financial statements of the Charity for the year ended 31st December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

The Board of Trustees are satisfied with the performance of the Shree Kutch Leva Patel Community (UK), hereinafter referred to as SKLPC (UK) during the year and the position at 31st December 2021. The Trustees consider that the Charity is in a strong position to continue its activities during the coming year, and that the Charity's assets are adequate to fulfil its obligations.

OBJECTIVES AND ACTIVITIES Objectives and aims

The Objects of SKLPC (UK) are:

The aims of the Charity are reflected in its Mission Statement as being "To enhance the quality of life through education, cultural, social and sports events and instil values that will benefit society".

Significant activities

The Charity carries out a number of activities that contribute to the achievement of the stated objectives and are listed under Achievements and Performance.

The strategies employed to assist the Charity to meet these objectives include the following:

Public benefit

In setting out the objectives and planning the activities, the Trustees' have given careful consideration to complying with the duty in section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission.

With public benefit in mind the Charity provides appropriate communal facilities for recreational, social, sports, education and cultural activities as well as meetings, so as to further the welfare within SKLPC (UK).

Volunteers

SKLPC (UK) depends heavily upon the continuing support of volunteers in the running of the Charity. Without this dedication the Charity would find it challenging to achieve the stated objectives through the running of various activities and cultural programmes. Volunteers spent thousands of hours towards advancing the ideals of the Charity.

We wish to thank our volunteers for their devoted contribution and we look forward to this continuous support in the future.

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVEMENT AND PERFORMANCE

Ongoing charitable activities

Due to the ongoing global health concerns due to COVID-19 and subsequent regulations and guidelines around gatherings and social distancing measures, the Charity's ongoing events were severely impacted. 2022 sees the Charity celebrate 50 years of being established and it is hoped that this milestone can be fittingly celebrated. A Golden Jubilee Events team has been formed to initiate and manage the various events planned incorporating Navratri and Mela.

A Youth Team has also been established towards the end of 2021, to lead on some of the events planned for 2022. This will also build a pipeline of volunteers to assume leading roles in managing the affairs of the Charity in future years.

Saturday School - This is one of the core activities of the Charity. The School is run every Saturday during term time and moved to a new location at Avanti House Secondary School in September 2020. The School has over 300 students, 30 part time teachers and over 40 volunteers who selflessly dedicate several thousand hours collectively. Gujarati, Maths, English, Hinduism, Sanskrit, French and Coding is taught from the age of three and a half through to GCSE level. The School has published a series of workbooks, called Learn Gujarati. The workbooks have been sold all over the world and many other Gujarati schools are purchasing these workbooks for use in their schools.

Culture is promoted by teaching Bollywood dance, Tabla and Bharatanatyam. Tabla and Bharatanatyam are examined by external bodies and Bollywood dance students have the opportunity to perform on stage at our annual Mela..

Navratri - Due to the COVID-19 pandemic, the Navratri festival, which is a Hindu religious festival was cancelled. In 2020 it was hosted online as a pre-recorded event. Planning is underway to re-instate the traditional celebrations in person during 2022 on potentially a smaller scale as participants ease back into attending events as they did pre COVID-19.

E-Mela 2020 - Due to the COVID-19 pandemic, E-Mela was cancelled. The Mela was held as a virtual event in 2020 and planning is in progress to re-instate the traditional in person event in 2022

Cricket Club - The club has four senior teams and a juniors academy which runs from age 8 up to 17. Both the seniors and juniors have professional coaches. A number of the club's members hold ECB Level 2 coaching certificates and dedicate their own time training the juniors. The club continues to hold Clubmark accreditation. This means that the club's organisational structure, processes, documents and all children's safety and protocols follow English Cricket Board (ECB) standards. The senior teams represent the club within the Middlesex County Cricket League and the juniors within the Middlesex Juni ors Cricket League.

Due to COVID-19, no indoor training was possible, meaning a reduction in income from this revenue stream. However, with restrictions easing in the summer, the club was able to fulfil a full fixture and training for the 2021 outdoor season.

For the first time, the club held an 'ECB Allstars' programme, which provides children aged 6 to 8 years an introduction to cricket. The programme is designed to promote cricket at a grassroots level. This was very successful as over 40 children signed up to the programme opening another pathway for Junior recruitment. Juniors Funday and Corporate Day events held in the summer months were also resumed in 2021.

The club increased their allocation of ECB level 2 coaches with 4 members obtaining successful certificates, making a total of 15 level 2 coaches within the club - one of the highest in the Middlesex County area.

The club funded security arrangements as the main centre was closed and given previous break-ins. However, following a very successful dinner and dance in Nov 2021 generating £19,807 net, the club was able to report an overall profit for 2021.

2022 objectives include further enhancing the successful Juniors Academy in terms of recruitment, increasing Level 2 coaches and facilitating senior level cricketing experience. The club plans to run the 'ECB Allstars' programme again. For the seniors, the focus will be on improving league positions and recruitment. With the growth in numbers at senior level as well as the emergence of some very talented Juniors, the club plans to increase the number of teams on Saturday introducing a Saturday 4th XI playing in the Middlesex County League. This is the highest number of playing sides the club has ever seen with 5 teams in total over a weekend.

Football - There was no football tournament in 2021 due to the COVID-19 pandemic.

Badminton - A badminton group has been initiated with plans to form a league in 2022.

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Centre Management - This subcommittee is responsible for the management and running of the Hendon and Northolt Centres, including maintenance and repair works and managing the hiring of the premises for community events. Since August 2014, Hendon Centre has been hired out to a nursery generating income. It has only been possible to hire out the Northolt Centre a few times in 2021 due to the COVID-19 pandemic. Most of the hires were for NHS blood donation drives. The Centre Management subcommittee dedicated several hundred voluntary hours to manage the two centres throughout the year during unprec edented circumstances.

Planning approval was granted in October 2018 to redevelop SKLPC's existing sports, recreation and community facility at India Gardens, West End Road, Northolt as reported in previous years. The enhancements will provide modern facilities to support the continued use of the site primarily for open sport and recreation and community use.

The project will deliver wider benefits to SKLPC, with a "community centre" acting as a base for both formal and informal occasions for the wider community with modern facilities and a welcoming location for local clubs, schools and neighbours. There is a clear social and well-being benefit in having a place demonstrably recognised as a "centre" for the Community, bringing people together at different times of day, week and year.

Tender and full construction drawings were completed working with appointed Consultants including architects, structural, mechanical and electrical engineers in the first quarter of 2021. Full building tender quotations were subsequently sourced by the Projects Quantity Surveyor (QS) from Bills of Quantity prepared from a number of Construction Companies with a history of undertaking developments of this magnitude. Tender quotations received were in the region of £25million excluding VAT. These were presented to Members at the 2021 Annual General Meeting along with high level explanations of the marked increase from the original estimated project costs during the planning approval process. Increased estimated project costs were largely driven by compounded inflationary increases notably emanating from Covid-19 and Brexit impacts as well as regulatory compliance matters and increase in sporting facilities and build footprint. Estimated income and expenditure projections, VAT considerations as well as current project funding position were also presented at the 2021 AGM. Members voted by a majority that undertaking a project at an estimated cost of £25million excluding VAT is too high a risk and as such any such project should be funding driven based on actual funding banked and pledged and an assessment of likely funding capacity during the construction period.

Details of a proposed Section 106 legal agreement with Ealing Council drafted and reviewed with external legal advisors was also presented to members at the 2021 AGM for consideration. Members voted by a majority to authorise the Trustees to sign the agreement on behalf of the Charity. The agreement was duly signed by the Trustees and fully executed by Ealing Council on 21st July 2021. As such, the planning approval granted in October 2018 became unconditional and valid for a period of three years.

Fund-raising for the IG project commenced in the second half of 2019 following extensive consultation beforehand across members and the Management Committee on various fund-raising structures and approaches. Covid-19 has significantly hindered fund raising efforts during 2020 and much of 2021, however these have now recommenced. As at the end of 2021, £407,276 was collected with a further £3,054,625 of donations pledged (excluding pledges in kind of £190,000). Sufficiency of funding, prior to commencement of any construction is a key risk factor, for further discussion and agreement at future General Meetings.

The Charity also collected and expended donations in 2021 amounting to £84,000 for COVID-19 related initiatives in India. These funds were transferred to an affiliated organisation in India to manage.

FINANCIAL REVIEW

Principal funding sources

The principal funding sources for the Charity are currently by way of Navratri, Annual Mela, and general donations. Donations for the IG project, comprise the primary incoming cash flows.

The Trustees' investment powers are covered by the Charity's governing document and allow the Trustees to invest surplus funds to generate income with which to fund future activities.

The Trustees' investment policy is to aim for safety commensurate with immediate and planned spending requirements and given the current uncertainties in the financial markets, the Trustees consider it appropriate to be holding funds in deposit accounts where they achieve a steady return.

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

FINANCIAL REVIEW Reserves policy Unrestricted Funds

Unrestricted Funds are required:

a) To provide funds which can be designated to specific projects at short notice;

b) To cover fluctuations in income and unplanned expenditure.

The Trustees consider it prudent that unrestricted reserves should be sufficient:

b) To cover one year’s direct charitable expenditure.

As at 31st December 2021, unrestricted net reserves stood at £598,218 (2020: £607,129). The level of reserves is monitored and reviewed by the Trustees twice a year.

Funds collected for the IG project amounted to £401,974 as at 31st December 2021. These are shown within restricted funds to be utilised specifically towards expenditure for the IG Project.

The Charity's ongoing events were severely impacted due to COVID-19. Football was cancelled and both Mela and Navratri were held online. No indoor cricket training was possible and the academic year for Saturday School has been a mixture of in person and online classes. 2021 activities are contingent on how such regulations and guidelines evolve and their provision will be monitored and subject to regulatory compliance. The Charity has taken advantage of Government assistance available such as furlough of staff. In the next 12 months, whilst the Charity has sufficient reserves to manage through the crisis, expenditure will be scrutinised for necessity and appropriateness.

Going concern

The Management Committee is confident that the Charity has adequate reserves to meet its financial requirements for the next 12 months and beyond.

Financial Performance

Review of financial position

The financial statements are set out on pages 12 to 26. The financial statements have been prepared as per the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102). As stated in the introduction to this report, the Trustees consider the financial performance by the Charity during the year to have been satisfactory.

The Statement of Financial Activities shows net incoming resources for the year of revenue nature of £68,277 (2020: £164,093). Net assets at the year end stand at £4,166,260.

FUTURE PLANS

The main focus over the next 3 to 5 years is:

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The Charity is controlled by its governing document, a Trust Deed, and constitutes an unincorporated Charity.

The SKLPC (UK) was created and constitution adopted on 1st November 1990 as amended 19th May 2018. The Charity is an unincorporated association governed by a Trust Deed. Eligibility for the membership of the Charity and the membership of the Board of Trustees is governed by the Trust Deed. There are no restrictions in the governing document on the operation of the Charity or in its investment powers, other than those imposed by general charity law.

The operations of the Charity are administered by a governing body of unpaid members, acting as Trustees and Management Committee. The President serves as the Chief Executive Officer responsible to the Trustees for the overall management of the Charity and for ensuring that all policies are carried out. The structure of the Charity is built on democratic values but with safeguards for continuity and stability. The Charity is registered with the UK Charity Commission under Charity number 1001623.

Recruitment and appointment of new trustees

The Board of Trustees consist of nine persons, who are elected at the Annual General Meeting of SKLPC (UK) by a simple majority and hold office for a term of six consecutive years and thereafter are subject to re-election. During the year a resolution was passed by the Trustees wherein any five current Trustees from time to time are authorised to execute all documents with the effect that any document executed has the same effect as if executed by all of the Trustees of the Charity.

Organisational structure

Various activities are run by SKLPC (UK) which in turn are managed through a sub-committee structure on a day-to-day basis, to enhance the organisational structure, operational efficiency and risk management framework. The sub-committees include IG Project, Saturday School, Navratri, Mela, Cricket Club, Centre Management, Football / Funday, Information Technology and Health and Safety, Events, Youth Team and Badminton. Each sub-committee has a lead appointed by the Management Committee who is responsible for providing reports and updates including at monthly Management Committee meetings.

Decision making

The Management Committee and Trustees meet at least once a month to lead, direct and govern all charitable activities and projects. A convenor is appointed by the Management Committee for each of the sub-committees for the year along with Assistant Convenors, to support co-ordination of activities across wider team members, manage key personnel risk and facilitate continuity in support. Sub-committee convenors attend Management Committee meetings as required to report on their activities, present budgets for approval or to discuss any matters relating to their activities that affect other sub-committees.

Convenors do not have any authority to spend over their approved budget. Prior approval by the Management Committee is required for any subsequent budgetary amendments. After each event or at the end of the financial year as appropriate, convenors are responsible for producing and presenting a report with full explanation of variances between budget and actual by nature over or under 10% to the Management Committee.

.

Induction and training of new Trustees

All new Trustees are inducted as follows:

  1. Copy of the SKLPC (UK) constitution is discussed by the Board of Trustees with new Trustee's including obligation and scope;

  2. Guidance is provided to new Trustee's on appropriate reading material such as "Becoming a Trustee" on www.direct.gov.uk and Trustee Responsibilities under the operational guidance section on the U.K. Charity Commission website;

  3. Ongoing review of appropriate training courses are highlighted to all Trustees to book themselves on.

Related parties

Other than the Trustees and those persons connected with them there are no individuals who are related parties. Details of transactions with related parties are shown in the notes to the accounts.

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Trustees identify the major risks to which the Charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operations and the finances of the Charity. The Trustees then review any major risks which have been identified and establish systems to mitigate those risks.

The Charity is open to the usual financial risks of any organisation and has introduced controls to minimise these risks, such as approvals being required for payments from bank accounts. Further, the accounts are regularly explained to members of the Charity and are open for member's inspection at any time. In addition to this, the Charity operates a comprehensive annual planning and budgeting process which is approved by the Management Committee.

The Charity is satisfied that systems are in place to mitigate exposure to the major risks which have been so identified and reviewed.

Detailed financial monitoring takes place monthly and is carried out by the Treasury Team. On a monthly basis, administrative and financial reports are presented to the management committee.

The table below is a summary of the key risks facing the Charity, their impact on the Charity and the steps taken to manage these risks:

Risk Impact Mitigation plan
Not achieving budgeted levels of
income to meet expenditure and
build reserves.		 Insufficient funding for operational
activities and future projects;
Curtailment of operations.
- Rigorous budgeting process and
revision as required;- Regular financial
reporting to Trustees and
Management Committee;- Expansion of
activities to generate further
income.
Inadequate internal systems and
controls.		 Inefficiency in running operations;
Susceptibility to error or fraud; No
clear lines of responsibility and
reporting.		 - Internal audit function with periodic
reporting to Trustees;- Financial
procedures manual in place with
periodic review and revision;
Non-compliance with legal and
statutory regulations.		 Financial and legal implications
which may impact continued
operation.		 - Regular review of compliance
through Trustees, Management
Committee and Sub-committee;-
Obtaining professional advice as
appropriate.
IG Project risk IG Project could impact the current
activities of the Charity		 A special IG Committee has been set
up, which reports to the Management
Committee at least monthly. Adequate
controls are in place to continuously
review project viability.
Impact of the pandemic on ongoing
income sources		 Uncertainty on the Charity's ability to
hold events and activities at full
capacity.		 The Charity will continue to follow
government guidelines from an
operational view point.Activities are
planned to recommence for 2022.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1001623

Principal address

West End Road Northolt Middlesex UB5 6RE

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees

The name of the Chief Executive Officer and other senior member(s) involved in the management of the Charity:

Mr Velji Parbat Vekaria (resigned 11 June 2022) President
Mr Mavji Dhanji Jadva Vekaria (appointed 11 June 2022)
Mr Kanji Parbat Hirani (resigned 11 June 2022) Vice President
Mr Premji Harji Varsani (appointed 11 June 2022)
Mr Suryakant V Varsani (resigned 11 June 2022) General Secretary
Mr Ravi Dhanji Varsani (appointed 11 June 2022)
Mr Pravin Kanji Khimani (resigned 11 June 2022) Secretary
Mrs Meera Varsani (appointed 11 June 2022)
Mrs Anita Mukesh Halai (resigned 11 June 2022) Assistant Secretary
Ms Tina Shivji Jesani (appointed 11 June 2022)
Mrs Anita Vinod Kerai (resigned 11 June 2022) Assistant Secretary
Mr Rajesh Khimji Vekaria (resigned 11 June 2022) Treasurer
Mr Arvin Lalji Assani (appointed 11 June 2022)
Mrs Preety kishor Bhudia (resigned 11 June 2022) Assistant Treasurer
Mr Chandrakant Varsani (appointed 11 June 2022)
Mrs Dipti Madhaparia (resigned 11 June 2022) Assistant Treasurer
Mr Lalji Shamji Vishram Halai (appointed 11 June 2022)
Ms Naina Varsani (resigned 11 June 2022) Assistant Treasurer
Mr Suresh Nathalal Hirani (resigned 11 June 2022) Internal Auditor

The Board of Trustees of the Charity as at the year ended 31st December 2021 and at the date of approval of the accounts were:

Resigned on 11 June 2022

Mr Valji Manji Hirani Mr Premji Harji Varsani Dr Sunil Kishore Bhudia

Mr Shivlal Hirji Patel Mr Mahesh Valji Pindoria Mr Meghji Mulji Savji

Mr Vinod Harji Halai Mr Laxman Lalji Murji Mr Kalyan Ravji Patel

Appointed on 11 June 2022

Mr Rajesh Govind Jiwani Mr Jitendra Jadva Halai Mr Samji Shivji Dabasiya Mr Narshi Bhoja Mr Prakash Devraj Halaria Mr Vinod Khimji Gajparia

Mr Jayesh Hirji Hirani Mr Dipak Ratna Hirani

The Management Committee & Sub Committee members were:

Management Committee members

Dhirendra Ramji Vekaria (until 11 June 2022) Raksha Ramnik Jina Rahul Ramnik Jina (until 11 June 2022) Suresh Laxman Dabasia Hiralal Lalji Patel (until 11 June 2022) Nisha Sunil Bhudia (until 11 June 2022) Govind Lalji Kerai (until 11 June 2022) Nanji Velji Bhudia Prakash Ravji Halai (until 11 June 2022) Ravji Mulji Hirani Appointed 11 June 2022 Sachin Naran Meghani Neera Mohan Hirani Bhavna Khetani Vinod Bhanderi Dinesh Dhanji Vekaria Hansa Hirani

Vijaykumar Vishram Hirani Kishore Dhanji Nardani Naeshma Hiten Hirani (until 11 June 2022) Lalji Shamji Gorasia Sanjay Valji Kerai (until 11 June 2022) Valji Vishram Varsani Kalyan Premji Pindoria Veenay Ravji Vekaria Ashwin Hirji Siyani Chandrakant Devshi Halai

Deepesh Hirani Harein Bhimji Mayani Kanji Samji Vekaria Laxmikant Hirani Harish Ramji Hirani Naeshma Hirani

Naran Bhimji Pindoria Premji Lalji Jagani Kanti Vishram Pindoria Umesh Premji Patel Tarun Shamji Khimani

Jeetendra Samji Kanji

Patron of SKLPC

Mr Shashikant Karsandas Vekaria

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Sub Committee Convenors

Sub Committee Convenors
India Gardens Project Vinod Harji Halai
Mavji Dhanji Vekaria
Football Rajesh Madha
Saturday School Jeetendra Dhanji Vaghjiani
Cricket Club Rajni Ravji Hirani
Events Raksha Ramnik Jina
Youth Team Dhiren Kanji Hirani
Centre Management Shivlal Hirji Patel
Sachin Naran Meghani
Information Technology Kamlesh Hirani
Umesh Premji Patel
Health and Safety Meghji Mulji Savji
Badminton Nilesh Khimani
Navratri Raksha Ramnik Jina
Volleyball Vijay Hirani

Auditors

CKRD Accountants Ltd - Statutory Auditors 194 Honeypot Lane Stanmore HA7 1EE

Solicitors

Pindoria Solicitors, 502-504 Honeypot Lane, Stanmore, HA7 1JR

Bankers

Bankers
Lloyds Bank Plc Bank of India
1 Walm Lane 714 - 716 Kenton Road
Willesden Green Branch Harrow
Willesden Green Middlesex
London, NW2 5SN HA3 9QX

Approved by order of the board of trustees on 19 October 2022 and signed on its behalf by:

Rajesh Jiwani

Rajesh Jiwani (Oct 31, 2022 11:30 GMT)

Mr Rajesh Govind Jiwani - Trustee

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

TRUSTEES' RESPONSIBILITY STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SHREE KUTCH LEVA PATEL COMMUNITY (UK)

Opinion

We have audited the financial statements of Shree Kutch Leva Patel Community (UK) (the 'charity') for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SHREE KUTCH LEVA PATEL COMMUNITY (UK)

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF SHREE KUTCH LEVA PATEL COMMUNITY (UK)

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

CKRD Accountants Ltd - Statutory Auditors 194 Honeypot Lane HA7 1EE

20 October 2022

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SHREE KUTCH LEVA PATEL COMMUNITY (UK)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
Navratri
Annual Mela
Education
Hall & Facilities
Cricket
India Gardens Project
Investment income
3
Total
EXPENDITURE ON
Charitable activities
5
Navratri
Annual Mela
Education
Hall & Facilities
Cricket
Sundry
India Gardens Project
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
24,005
-
-
80,862
1,400
67,258
-
29,246
202,771
-
2,250
81,341
11,131
44,762
55,842
200
195,526
7,245
4,187,755
4,195,000		 Restricted
funds
£
83,954
-
-
-
-
-
61,033
-
144,987
-
-
-
-
-
83,954
-
83,954
61,033
341,142
402,175		 31/12/21
Total
funds
£
107,959
-
-
80,862
1,400
67,258
61,033
29,246
347,758
-
2,250
81,341
11,131
44,762
139,796
200
279,480
68,278
4,528,897
4,597,175		 31/12/20
Total
funds
£
109,949
1,381
5,257
67,144
9,192
27,277
169,618
31,377
421,195
1,380
4,799
73,338
70,713
22,361
84,374
137
257,102
164,093
4,364,804
4,528,897

The notes form part of these financial statements

Page 13

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2021

Notes
FIXED ASSETS
Tangible assets
10
Investment property
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
14
Unrestricted funds:
General fund
Restricted funds:
India Gardens Project
TOTAL FUNDS		 Unrestricted
funds
£
2,796,981
800,000
3,596,981
38,802
654,188
692,990
(94,971)
598,019
4,195,000
4,195,000		 Restricted
funds
£
-
-
-
-
402,175
402,175
-
402,175
402,175
402,175		 31/12/21
Total
funds
£
2,796,981
800,000
3,596,981
38,802
1,056,363
1,095,165
(94,971)
1,000,194
4,597,175
4,597,175
4,195,000
402,175
4,597,175		 31/12/20
Total
funds
£
2,780,626
800,000
3,580,626
84,368
940,031
1,024,399
(76,128)
948,271
4,528,897
4,528,897
4,187,755
341,142
4,528,897

The financial statements were approved by the Board of Trustees and authorised for issue on 19 October 2022 and were signed on its behalf by:

Rajesh Jiwani

Rajesh Jiwani (Oct 31, 2022 11:30 GMT)

Mr Rajesh Govind Jiwani - Trustee

Arvin Assani

Arvin Assani (Oct 31, 2022 11:31 GMT)

Mr Arvin Lalji Assani - Treasurer

The notes form part of these financial statements

Page 14

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period		 31/12/21
£
162,663
162,663
(51,705)
5,374
(46,331)
116,332
940,031
1,056,363		 31/12/20
£
110,823
110,823
(234,635)
5,519
(229,116)
(118,293)
1,058,324
940,031

The notes form part of these financial statements

Page 15

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2021

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
31/12/21 31/12/20
£ £
Net income for the reporting period (as per the Statement of Financial
Activities) 68,278 164,093
Adjustments for:
Depreciation charges 35,350 36,645
Interest received (5,374) (5,519)
Decrease/(increase) in debtors 49,920 (43,124)
Increase/(decrease) in creditors 14,489 (41,272)
Net cash provided by operations 162,663 110,823

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank and in hand
Total		 At 1/1/21
£
940,031
940,031
940,031		 Cash flow
£
116,332
116,332
116,332		 At 31/12/21
£
1,056,363
1,056,363
1,056,363

The notes form part of these financial statements

Page 16

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, 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 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity .

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Allocation and apportionment of costs

Support Costs

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs, governance costs, administrative and payroll costs. They are incurred directly in support of expenditure on the objects of the Charity and include project management carried out. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Plant and machinery - 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in 'net gains / (losses) on investments' in the SoFA.

Taxation

The Charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. The cost of raising and administering such funds are charged against the specific fund.

Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

continued...

Page 17

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES - continued

Fund accounting

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

2. DONATIONS AND LEGACIES

Donations
Gift aid
Grants
Grants received, included in the above, are as follows:
CJRS grant
3.
INVESTMENT INCOME
Rents received
Deposit account interest		 31/12/21
£
90,905
15,382
1,672
107,959
31/12/21
£
1,672
31/12/21
£
23,872
5,374
29,246		 31/12/20
£
3,701
91,022
15,226		 31/12/20
£
3,701
91,022
15,226
109,949
31/12/20
£
15,226
31/12/20
£
25,858
5,519
31,377
31,377

continued...

Page 18

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

4. INCOME FROM CHARITABLE ACTIVITIES

31.12.20 31.12.19
£
425,058
425,058
£
Events related activities 110,251
110,251
5.
CHARITABLE ACTIVITIES COSTS
Annual Mela
Education
Hall & Facilities
Cricket
Sundry
India Gardens Project
6.
SUPPORT COSTS
Management
£
Education
22,431
Hall & Facilities
11,131
Sundry
13,746
India Gardens Project
200
47,508
Support costs, included in the above, are as follows:
Finance
Bank charges		 Support
Direct
costs (see
Costs
note 6)
£
£
2,250
-
58,910
22,431
-
11,131
44,762
-
83,940
55,856
-
200
189,862
89,618
Governance
Finance
costs
£
£
-
-
-
-
167
41,943
-
-
167
41,943
31/12/21
Sundry
£
167		 Totals
£
2,250
81,341
11,131
44,762
139,796
200		 Totals
£
2,250
81,341
11,131
44,762
139,796
200
279,480
Totals
£
22,431
11,131
55,856
200
89,618
31/12/20
Total
activities
£
30		 Totals
£
22,431
11,131
55,856
200
89,618

continued...

Page 19

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

6. SUPPORT COSTS - continued Governance costs

SUPPORT COSTS - continued
Governance costs
31/12/21 31/12/20
Total
Sundry activities
£ £
Auditors' remuneration 3,960 3,300
Auditors' remuneration for non audit work 840 620
Legal costs 1,793 (326)
Depreciation of tangible fixed assets 35,350 36,645
41,943 40,239

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.

8. STAFF COSTS

Wages and salaries
The average monthly number of employees during the year was as follows:
Teaching staff (all part time)
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
109,949
Charitable activities
Navratri
1,381
Annual Mela
5,257
Education
67,144
Hall & Facilities
9,192
Cricket
27,277
India Gardens Project
-
Investment income
31,377
Total
251,577		 31/12/21
£
60,257
60,257
31/12/21
25
Restricted
funds
£
-
-
-
-
-
-
169,618
-
169,618		 31/12/20
£
66,144
66,144
31/12/20
27
Total
funds
£
109,949
1,381
5,257
67,144
9,192
27,277
169,618
31,377		 31/12/20
£
66,144
66,144
31/12/20
27
Total
funds
£
109,949
1,381
5,257
67,144
9,192
27,277
169,618
31,377
421,195

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

continued...

Page 20

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
EXPENDITURE ON
Charitable activities
Navratri
1,380
-
Annual Mela
4,799
-
Education
73,338
-
Hall & Facilities
70,713
-
Cricket
22,361
-
Sundry
84,374
-
India Gardens Project
-
137
Total
256,965
137
NET INCOME/(EXPENDITURE)
(5,388)
169,481
RECONCILIATION OF FUNDS
Total funds brought forward
4,193,143
171,661
TOTAL FUNDS CARRIED FORWARD
4,187,755
341,142
10.
TANGIBLE FIXED ASSETS
Improvements
Freehold
to
property
property
£
£
COST
At 1 January 2021
2,283,506
652,234
Additions
-
51,705
At 31 December 2021
2,283,506
703,939
DEPRECIATION
At 1 January 2021
181,020
-
Charge for year
30,170
-
At 31 December 2021
211,190
-
NET BOOK VALUE
At 31 December 2021
2,072,316
703,939
At 31 December 2020
2,102,486
652,234		 Total
funds
£
1,380
4,799
73,338
70,713
22,361
84,374
137
257,102
164,093
4,364,804
4,528,897
Plant and
machinery
£
69,310
-
69,310
53,982
3,065
57,047
12,263
15,328

continued...

Page 21

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

10. TANGIBLE FIXED ASSETS - continued

COST
At 1 January 2021
Additions
At 31 December 2021
DEPRECIATION
At 1 January 2021
Charge for year
At 31 December 2021
NET BOOK VALUE
At 31 December 2021
At 31 December 2020		 Fixtures
and
fittings
£
83,284
-
83,284
75,188
1,619
76,807
6,477
8,096		 Computer
equipment
£
25,774
-
25,774
23,292
496
23,788
1,986
2,482		 Totals
£
3,114,108
51,705
3,165,813
333,482
35,350
368,832
2,796,981
2,780,626

Included in cost or valuation of land and buildings is freehold land of £775,000 (2020 - £775,000) which is not depreciated.

The freehold land and buildings included above were recognised using a previous UK GAAP valuation as a deemed cost on transition to SORP (FRS 102). These assets are being depreciated from their valuation date of 1 January 2015 and have a net book value of £2,072,316 (2020 - £2,102,486). The historic cost equivalent of these assets is £2,202,800.

Freehold land and buildings were subject to an independent, professional valuation on 1 March 2020. The valuation was undertaken by Anderson Wilde & Harris Chartered Surveyors - RICS on the Freehold with full vacant possession basis. If the Trustees were to adopt a revaluation model for freehold land and buildings, the value indicated is £2,750,000.

Improvement costs are attributed to planning costs incurred towards the extension of the Notholt Centre and capitalised at the year end date.

11. INVESTMENT PROPERTY

FAIR VALUE
At 1 January 2021
and 31 December 2021
NET BOOK VALUE
At 31 December 2021
At 31 December 2020		 £
800,000
800,000
800,000

The Investment Property included above were recognised using a previous UK GAAP valuation as a deemed cost on transition to SORP (FRS 102). The historic cost equivalent of these assets is £384,616.

Investment Properties were subject to an independent, professional valuation on 1 March 2020. The valuation was undertaken by Anderson Wilde & Harris Chartered Surveyors - RICS with full vacant possession basis.

At the year end date, the Trustees have reviewed the fair value of the investment property. There are no changes to the fair value at 31 December 2021.

continued...

Page 22

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
14.
MOVEMENT IN FUNDS
At 1/1/21
£
Unrestricted funds
General fund
4,187,755
Restricted funds
India Gardens Project
341,142
TOTAL FUNDS
4,528,897
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
202,771
Restricted funds
Bhuj Medical Fund
83,954
India Gardens Project
61,033
144,987
TOTAL FUNDS
347,758		 31/12/21
£
500
19,986
18,316
38,802
31/12/21
£
201
94,770
94,971
Net
movement
in funds
£
7,245
61,033
68,278
Resources
expended
£
(195,526)
(83,954)
-
(83,954)
(279,480)		 31/12/20
£
6,617
13,148
64,603
84,368
31/12/20
£
4,356
71,772
76,128
At
31/12/21
£
4,195,000
402,175		 31/12/20
£
6,617
13,148
64,603
84,368
31/12/20
£
4,356
71,772
76,128
At
31/12/21
£
4,195,000
402,175
4,597,175
Movement
in funds
£
7,245
-
61,033
61,033
68,278
61,033
68,278

continued...

Page 23

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/1/20
£
Unrestricted funds
General fund
4,193,143
Restricted funds
India Gardens Project
171,661
TOTAL FUNDS
4,364,804
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
251,577
Restricted funds
India Gardens Project
169,618
TOTAL FUNDS
421,195
A current year 12 months and prior year 12 months combined position is as follows:
At 1/1/20
£
Unrestricted funds
General fund
4,193,143
Restricted funds
India Gardens Project
171,661
TOTAL FUNDS
4,364,804		 Net
movement
in funds
£
(5,388)
169,481
164,093
Resources
expended
£
(256,965)
(137)
(257,102)
Net
movement
in funds
£
1,857
230,514
232,371		 At
31/12/20
£
4,187,755
341,142
4,528,897
Movement
in funds
£
(5,388)
169,481
164,093
At
31/12/21
£
4,195,000
402,175
4,597,175

continued...

Page 24

SHREE KUTCH LEVA PATEL COMMUNITY (UK)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Bhuj Medical Fund
India Gardens Project
TOTAL FUNDS		 Incoming
resources
£
454,348
83,954
230,651
314,605
768,953		 Resources
Movement
expended
in funds
£
£
(452,491)
1,857
(83,954)
-
(137)
230,514
(84,091)
230,514
(536,582)
232,371		 Resources
Movement
expended
in funds
£
£
(452,491)
1,857
(83,954)
-
(137)
230,514
(84,091)
230,514
(536,582)
232,371
230,514
232,371

15. RELATED PARTY DISCLOSURES

The Charity did not have any significant transactions related to provision of services or materials with entities related to the Trustees and the Managing Committee members.

Page 25