INDIAN ASSOCIATION OLDHAM
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Charity No: 1006961

INDIAN ASSOCIATION OLDHAM
CHARITY INFORMATION
Permanent
Mr. S Mohandas
Mr. B Sisodia
Mr. R Gorasia
Mr. H Panchani
Mr.D Chothani
Charity Number
1006961
Charity O￿lee$
Indian Association Oldharn
Schofield Str¢¢t
Oldham
OL8 IQJ
Independent Examiner
K Thaker Co.
Chartered Certified Accountants
39 Fieldfare Way
Ashton Under Lyne
OL7 9TA
Bankers
Barclays Bank PLC
15 St.Anns Square
Manchester
M60 2PX

INDIAN ASSOCIATION OLDHAM
CONTENTS
Page
Trustees, Report
Independent Examlner's Report
Statement of Financial Activities
Balanee Sheet
Note to the Aceounts
9- 11

INDIAN ASSOCIA TION OLDHAM
TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees present their report and accounls for the year ended 31 st March 2024
Trustees
Mr. Devshi Chothani was appointed trustee to replace the previous trustee Mr. Ramsingh Kumpavat.
Appointment of trustees is governed by the Trust Deed of the charity. The board of Trustees
is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
Investment Powers
The Trnst Deed authorises the trustees to make and hold investments using the general funds of the
charity. However, all the surplus fund5 are currently held in low risk Bank and Building Society deposit
account5.
Constitution, objects and policies
The Charitable Trust is constituted by Trust Deed, and its objects continue to be that of providing
social, cultural and religious activities for its members.
The Trustees delegate the day to day responsibilities of various activities to an elected executive
committee.
Development, activltles and achievements
The new facilities have helped to increase and improve the provision of the association's main objective
which is that of providing religious, social and educational needs of its members. With the aid of various
tunding from the local authority and other charitable organisations, the association has improved on its
program of social and educational activities.
Financial review
This year Saw a marked drop in donations because there were less relgious discourses organised.
last year the priests accomodation was let to third paty and the kent st property was also let. This year
the kent st property could not be let because major repairs were required. These repairs cost in the region of £25,000.
All these factors resulted in very small net income for the year. The Truslees are conscious of the drop in net income.
They have taken certain action to ensure the forthcoming year is more profitable.
Slatement of trustees, regponsibllities
The law applicable to charities in England and Wales requires the truslees to prepare financial 5tatemenls
for each financial year, which give a true and fair view of the charity's financial activities during the ycar
and of its financial position at the year end. In preparing those financial statements, the trustees are required:
to select suitable accounting policies and then apply them consistently.
lo make judgem¢nts that are reasonable and prudent.
to state whether applicable accounting standards and slalement5 of recommended practice have
been followed subject to any departure disclosed and explained in the financial statem¢nts' and
to prepare the financial statements on the on-going concern basis unless it is inappropriate to
presume the charity will continue in business.

INDIAN ASSOCIATION OLDHAM
TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity
and hence for taking r¢asonabl¢ steps for the prevention of fraud and other irregularities.
In respect of th¢ independent examination, the trustees have a responsibility to ensure that they take all
steps necessary in order to make themselves aware of any relevant infonnation and to establish that the
independent examiner is aware of that information.
Trustees, Declaration
In accordance with charity law. as trustees, we certify that'.-
So far as we are aware, there is no relevant inforniation of which the charity's independent examiner
is unaware. We have taken all tlie steps necessary that we ought to have taken in order to make
ourselves aware of any relevant financial inforniation and to establish that the charity's independent
examin¢r is aware of that information.
Approval
This report was approved by the trustees on .
J.,.. and signed on their behalf.

INDIAN ASSOCIATION OLDHAM
INDEPEIYDENT EXAMINER'S REPORT
TO THE TRUSTEES OF INDIAN ASSOCIATION OLDHAM
FOR THE YEAR ENDED 31ST MARCH 2024
I, Kishor Thaker report on the Financial Statements of the charity for the year ended 31 March 2024
as set out on pages 7 and 8 together with the notes on pages 9 to I l.
Respective responsibilities of the Trustees and the Examiner
The charity's trust¢es are responsible for th¢ preparation of the Financial Statements. The charity's
trustees consider that an audit is noi required for this year under section 144 of the Charities Act
2011 (the Charities Act) and that an independent examinalion is needed.
It is my responsibility as the Independent Examiner:
to examine the Financial Statements under section 145 of the Charilies Act.
to follow the procedures l(iid duwn in Ihe General Directions giveii by the Charity
Commission (under section 145(5)(b) of the Charlties Act);
to state whether particular matters have come to my attention.
Basis of the Independent Examiner s statement
My examination was carried out in accordance with the General Directions giv¢n by the Charity
Commission. An examination includes a review of the accounting records kept by the Charity and
a comparison of the Financial Slatements presented with those records. It also includes consideration
of any unusual it¢ms or disclosures in the Financial Statements and seeking explanation from you as
trustees concerning any such matters. The procedures undertaken do not provide all the evidence
that would be required in an audit and consequently no opinion is given as to whether the Financial
Statements present a true and fair view and the report is limited to those matters set out in the
statement below.
Independent Examiner's slatement
In connection with my examination no material matters have come to my attention which gives me
cause to believe that, in any rnaterial respect,
the accounting records were not kept in accordance with section 130 of the Charities Act. or
the Financial Statement5 did not accord with thc accounting records. or
the Financial Statements did not comply with the applicable requirements concerning the
fonn and content of Financial Slalements set out in the Charities (Accounts and Reports)
Regulations 2008, other than any requirement that the Financial Statements give a "true
and fair" view which is not a matter considered as part of an independent examination.
I 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.
Kishor Thaker
K Thak¢r & Co.
Chartered Certified Accountants
39 Fieldfare Way
Ashton Under Lyne
OL7 9TA
Date

INDIAN ASSOCIATION OLDHAM
BALANCE SHEET AS AT 31st MARCH 2024
2024
2023
Notes
FIXED ASSETS
Land & Buildings
Equipment
Fixtur¢ & Fittings
1,396,001
2,360
9,482
1,407,843
1,364,337
2.777
1,155
lJ78,269
[2]
CURRENT ASSETS
Debtors
Deposit on Kent Street Site
Deposit for Bentwick St
Cash ai Bank
Reserve Accounts
Bank of Baroda
Barclays
Barclays Premium
C&sh in Hand and at Bank
[3]
[4]
11,665
i 00,000
19,000
i 00,000
3,500
33,388
49,693
641
1,000
1,000
720
175,554
1,000
1,014
147,067
CREDITORS: Amounts falling due wlthln one year
OBMC Iother Grants
Accruals
3,500
147,067
,554.910
172,054
,550,323
NET CURRENT ASSETS
CREDITORS: Amounts falling due after one year
Member's Loans
[51
67,000
65,500
1,487,910
,484,823
CAPITAL AND RESERVES
Unrestricted Funds
General Fund
Bal B/Fwd
Surplus for the year
Bal CIFwd
795,723
3,087
749,032
46,691
798,810
795,723
Restrieted Fund5
Building Fund
Bal BIFwd
Surplusldeficit(-) for the year
689,100
689,100
689,100
689,100
1,487,910
1,484,823
Approved b t
Trustees:
Date .
15-
(L4?

INDIAIY ASSOCIATION OLDHAM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Notes
UNRESTRICTED FUNDS
Incoming Resources
Membership
Grants
Donations
Special Collection
Temple Box
Hall Hir¢
Charities tax credits
Rent
Interest Income
[6]
[7]
30
2,210
62.338
15,134
11,362
4.591
10,000
15,072
97
8,000
31,230
11,153
17,735
4.525
7,000
600
444
80,687
120,833
Resources Expended
Administration
Establishment
Activities
Temple Expenses
Depreciation
[8]
[9]
[10]
13,803
45,068
12,503
4,136
2.090
12,444
44.873
12,041
2,325
2,459
77,600
3,087
74,142
46,691
RESTRICTED FUNDS
Buildlng Fund
Fund Raising Ventures
Net movement In funds for the year
3,087
46,691
There were no recognised gains or losses for 2023 and 2024 other than those included in the statement
of financial activity.

INDIAN ASSOCIATION OLDHAM
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
l. Accounting policie5
1.1. Basis of preparation of accounts
The accounts are pre v
the charity's operations which are described in the Trustees, Report and all which are continuing.
The accounts have be¢n prepared in accordance with the Statement of Recommended Practice for
charity accounts.
1.2. Tanglble flxed assets for use by the charity and depreciation
The charity's main activittes are carried out from its premises at Scofield Street, Oldham.
The charity has not capitalised items of furniture, utensils and 0￿1CC equipment due to insignificant
values. The charity has also not capA¢ali5ed services free of charge and items of gifts given by
worshipper5 to the temple.
Depreciation:
Depreciation is provided at rates calculated to write off the cost less r¢sidual value of each over ils
expected useful life, as follows..
Equipment-
Fixture & Fittings-
15 % Reducing balance.
150/0 Reducing balance.
No depreciation is provided on the building.
1.3. Income
Voluntary income and donations received in cash are accounted for as received by the charity. Gifts
in kind and services provided by volunteers are not accounted for due the problems of quantification.
The income from ￿ndraising ventures is shown gross, with associated Costs included in fund raising
costs. No pennanent endowments have been received during the period.
J.4, Value added t8X
Value added tax is not recoverable by the charity, and as such is included in the relevant costs in
the statement of financial acttvities.
1.5. Fundralsing eosts
Fundraising expenditure comprises costs incurred in inducing people and organisations to contribute
financially to the charity's work. This includes the cost of advertistng for donations and staging
of special fundraising events.
1.6. Management and administration expenditure
Expenditure on management and administration of the charity includes all expenditure not directly
related to charitable actlvlty or fundraising ventures. This includes cost of running o￿l¢e premise5,
provision of utilities and other services.

INDIAN ASSOCIATION OLDHAM
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
2. Fixed Assets
Land &
Buildin
ui
ment Fixtures &
Fittin
Total
Cost
At 1.4.2023
Additions during the year
1,364,337
31,664
22,425
23,336
1,410,098
31.664
At 31.3.2024
1,396,001
22,425
23,336
1,441,762
reeiation
At 1.4.2023
Provided in the year
19,648
417
12,181
1,673
31.829
2,090
At 31.3.2024
20,065
13,854
33,919
Net Book Value
A131.3.2024
1,396,001
2,360
9,482
1,407,843
At 31.3.2023
1,364,337
2,777
1,378,269
2024
2023
3. Debtors
Tax Credit on Gift Aid
11,665
19.000
11,665
19,000
4. Deposit on Kent Street Site
i 00.000
100,000
loo,000
Note:
This deposit was paid on exchange for one of the plots on Kent Street. The vendor has not been able to complete
on the purchase, so the trustees have demanded the deposit back. The trustees are in the process of recovering
this deposit.
loo,000
S. Member's Loans
67,000
65,500
07,000
65,500
6. Membership
Annual membership
Life m¢mbership
30
30
7. Grants
OMBC
8,000
2,210
8,000
2,210
10

INDIAN ASSOCIATION OLDHAM
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
8. Administration Expenses
Wages
Special Collection Donation
Posl & Stationery
Bank charges
Legal & Professional
12,270
702
100
572
159
8,036
1.612
40
651
2,105
13,803
12.444
9. Establishment Expenses
Water and ground rent
Insurance
Liglit and Heat
Repairs and Renewals
Internet and Satellite Services
Cleaning
Fire & Security
1,299
4,255
5.673
24,843
5,332
3,666
695
3,758
1,753
35,773
1,535
1.095
263
45,068
44,872
10. Act5vities
Luncheon Club
Functions
591
11,450
12,503
12,503
12.041
11