## **Shree Girnara Soni Samaj (U.K.)**
**Charity No. 1026609**
**Trustees' Report and Unaudited Accounts**
**30 April 2024**
**Shree Girnara Soni Samaj (U.K.) Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7 to 12|
|Detailed Statement of Financial Activities|13 to 14|
Page 1
**Shree Girnara Soni Samaj (U.K.) Trustees Annual Report**
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 April 2024.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1026609**
## **Principal Office**
5 St James Street Leicester LE1 3SU Address Line 5
## **Trustees**
The following trustees served during the year:
S.R. Jogia D.M. Kachhala R.P. Lodhia
C.K. Nandha (Resigned 10 September 2023) B.K. Pala P. Shantilal
## **Accountants**
I Hate Numbers Limited Forester Building 29-35 St Nicholas Place Leicester LE1 4LD
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document is to promote the cultural development of the Hindu community, which includes Shree Girnara Soni Samaj and to maintain and manage such a centre of educational, social welfare, recreational and leisure purposes.
The main activities undertaken in relation to those purposes during the year were to organise Navaratri, Diwali gatherings, day trips for members, summer picnics and sports activities for all members including youngsters and kids.
The main activities undertaken during the year to further the charity's purpose for the public benefit:
- Organise Navaratri, Diwali gatherings, day trips for members, summer picnics and sports activities for all members including youngsters and kids.
- Navaratri festival, HAVAN, Poonam festival and Diwali get-to-gather
- Dinner and Dance in London, Bus trip to seaside for Ganesh festival and holy month of Purshottam
- (Shravan). Memorial Services for the departed long service members of the Samaj.
- Dinner and Dance, Diwali gathering and During Navaratri
- Health camp in India, and donations to Gaushala, (shelter for cows) - or the
- Abode or sanctuary for cows, calves and oxen in India.
Page 2
**Shree Girnara Soni Samaj (U.K.) Trustees Annual Report**
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
* Organise Navaratri, Diwali gatherings, day trips for members, summer picnics and sports activities for all* Organise Navaratri, Diwali gatherings, day trips for members, summer picnics and sports activities for all members including youngsters and kids.
* Navaratri festival, HAVAN, Poonam festival and Diwali get-to-gather
* Dinner and Dance in London, Bus trip to seaside for Ganesh festival and holy month of Purshottam, Diwali gathering and During Navaratri
* Health camp in India, and donations to Gaushala, (shelter for cows) - or the Abode or sanctuary for cows, calves and oxen in India.
## **FINANCIAL REVIEW**
The Charity had a challenging performance during 2023-24 (Net Income £6,256) compared to 2022-23(Net Expenditure £8,494). However, the charity has strong reserves at the end of 2024 (£267,331), a Addition on 2023 (£261,073). Improvement are anticipated in future years.
The charity has a policy of maintaining reserves to meet ongoing obligations, which currently it is able to do.
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
All post holders including Trustees are volunteers and they are appointed at the AGM when we also have committee elections.
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
S.R. Jogia Trustee 19 February 2025
Page 3
**Shree Girnara Soni Samaj (U.K.) Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Shree Girnara Soni Samaj (U.K.)**
I report to the trustees on my examination of the financial statements of Shree Girnara Soni Samaj (U.K.) for the year ended 30 April 2024.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of financial statements 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 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 financial statements to be reached.
Mahmood Reza FCCA I Hate Numbers Limited Forester Building 29-35 St Nicholas Place Leicester
LE1 4LD 19 February 2025
Page 4
**Shree Girnara Soni Samaj (U.K.) Statement of Financial Activities for the year ended 30 April 2024**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
**Total**
**Expenditure on:**
Raising funds
4
Charitable activities
5
Other
6
**Total**
Net gains on investments
**Net income/(expenditure)**
7
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|
|||**2024**|**2024**|**2023**|
|||**£**|**£**|**£**|
||||||
|||34,028|34,028|17,680|
|||34,028|34,028|17,680|
||||||
|||10,963|10,963|5,238|
|||420|420|420|
|||16,389|16,389|20,516|
|||27,772|27,772|26,174|
|||-|-|-|
|||6,256|6,256|(8,494)|
|||-|-|-|
|||6,256|6,256|(8,494)|
||||||
|||6,256|6,256|(8,494)|
||||||
|||261,075|261,075|269,567|
|||267,331|267,331|261,073|
||||||
||||||
||||||
Page 5
**Shree Girnara Soni Samaj (U.K.) Balance Sheet**
**at 30 April 2024**
|**at 30 April 2024**||||
|---|---|---|---|
|**Charity No. 1026609**||**2024**|**2023**|
|||**£**|**£**|
|**Fixed assets**||||
|Tangible assets|9|246,490|253,906|
|||246,490|253,906|
|**Current assets**||||
|Debtors|10|7,762|10,656|
|Cash at bank and in hand||30,159|10,565|
|||37,921|21,221|
|**Creditors:**Amount falling due within one year|11|(3,080)|(5,054)|
|**Net current assets**||34,841|16,167|
|**Total assets less current liabilities**||281,331|270,073|
|**Creditors:**Amounts falling due after more than one year|12|(14,000)|(9,000)|
|**Net assets excluding pension asset or liability**||267,331|261,073|
|**Total net assets**||267,331|261,073|
|**The funds of the charity**||||
|**Restricted funds**|13|||
|**Unrestricted funds**|13|||
|General funds||267,331|261,073|
|||267,331|261,073|
|**Reserves**|13|||
|**Total funds**||267,331|261,073|
|Approved by the trustees on 19 February 2025||||
And signed on their behalf by:
S.R. Jogia Trustee 19 February 2025
Page 6
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## **for the year ended 30 April 2024**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 1.6% straight line Lift equipment 6.66% straight line Furniture and fixtures 10% reducing balance
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 8
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
**Total**
**Expenditure on:**
Raising funds
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Event Funds
General donations
4
**Expenditure on raising funds**
_Fundraising trading costs_
Income from fundraising
events|**Unrestricted**
**£**
32,794
1,234
34,028
**Unrestricted**
**£**
10,963
10,963|**Unrestricted**
**funds**
**2023**
**£**
17,680
17,680
5,238
420
20,516
26,174
(8,494)
(8,494)
(8,494)
269,567
261,073
**Total**
**2024**
**£**
32,794
1,234
34,028
**Total**
**2024**
**£**
10,963
10,963|**Total funds**
**2023**
**£**
17,680|
||||17,680
5,238
420
20,516|
||||26,174|
||||(8,494)|
||||(8,494)|
||||(8,494)
269,567|
||||261,073|
||||**Total**
**2023**
**£**
10,254
7,426|
||||17,680|
||||**Total**
**2023**
**£**
5,238|
||||5,238|
Page 9
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## 5 **Expenditure on charitable activities**
|_Governance costs_
Independent Examiner's fees
6
**Other expenditure**
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
7
**Net income/(expenditure) before transfers**
This is stated after charging:
Depreciation of owned fixed assets
8
**Staff costs**
No employee received emoluments in excess
9
**Tangible fixed assets**
**Cost or revaluation**
At 1 May 2023
At 30 April 2024
**Depreciation and**
**impairment**
At 1 May 2023
Depreciation charge for the
year
At 30 April 2024
**Net book values**
At 30 April 2024
At 30 April 2023|of £60,000.
**Land and**
**buildings**
**£**
367,851
367,851
130,366
5,523
135,889
231,962
237,485|**Unrestricted**
**£**
420
420
**Unrestricted**
**£**
8,859
7,416
64
50
16,389
**2024**
**£**
7,416|**Total**
**2024**
**£**
420
420
**Total**
**2024**
**£**
8,859
7,416
64
50
16,389
**Furniture**
**and fixtures**
**£**
10,541
10,541
4,177
636
4,813
5,728
6,364|**Total**
**2023**
**£**
420|
|---|---|---|---|---|
|||||420|
|||||**Total**
**2023**
**£**
10,269
7,487
39
2,721|
|||||20,516|
|||||**2023**
**£**
7,487
**Total**
**£**
397,249|
|||**Lift**
**equipment**|||
|||**£**
18,857
18,857
8,800
1,257
10,057
8,800
10,057|||
|||||397,249|
|||||143,343
7,416|
|||||150,759|
|||||246,490|
|||||253,906|
Page 10
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## 10 **Debtors**
|Other debtors
Prepayments and accrued income
11 **Creditors:**
amounts falling due within one year
Trade creditors
Accruals
Deferred income
12 **Creditors:**
amounts falling due after more than one year
Bank loans and overdrafts
13 **Movement in funds**
**At 1 May**
**2023**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
261,075
**Total funds**
261,075
14 **Analysis of net assets between funds**
Fixed assets
Net current assets
Creditors due in more than one year and
provisions|**2024**
**£**
2,600
5,162
7,762
**2024**
**£**
1,890||**2023**
**£**
6,728
3,928|
|---|---|---|---|
||||10,656|
||||**2023**
**£**
3,744|
||420||420|
||770||890|
||3,080
**2024**
**£**
14,000
14,000
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
34,028
34,028|**Resources**
**expended**
**£**
(27,772)
(27,772)
**Unrestricted**
**funds**
**£**
246,490
34,841
(14,000)
267,331|5,054|
||||**2023**
**£**
9,000|
||||9,000|
||||**At 30 April**
**2024**
**£**
267,331|
||||267,331|
||||**Total**
**£**
246,490
34,841
(14,000)|
||||267,331|
Page 11
**Shree Girnara Soni Samaj (U.K.) Notes to the Accounts**
## 15 **Reconciliation of net debt**
|Cash and cash equivalents
Bank loans
Net debt|**At 1 May**
**2023**
**£**|**Cash flows**
**£**|**At 30 April**
**2024**
**£**|
|---|---|---|---|
||10,565|19,594|30,159|
||10,565
(9,000)|19,594|30,159
(14,000)|
|||(5,000)||
||(9,000)
1,565|(5,000)
14,594|(14,000)|
||||16,159|
|||||
Page 12
**Shree Girnara Soni Samaj (U.K.) Detailed Statement of Financial Activities**
## **for the year ended 30 April 2024**
|**Income and endowments from:**
Donations and legacies
Event Funds
General donations
**Total income and endowments**
**Expenditure on:**
Costs of other trading activities
Income from fundraising events
**Total of expenditure on raising**
**funds**
Governance costs
Independent Examiner's fees
**Total of expenditure on charitable**
**activities**
Premises costs
Rates
Light, heat and power
Premises insurances
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Lift equipment
Depreciation of Furniture and
fixtures
Stationery and printing
Legal and professional costs
Other legal and professional
costs
**Total of expenditure of other costs**|**Unrestricted**
**funds**
**2024**
**£**
32,794
1,234
34,028
34,028
10,963
10,963
10,963
420
420
420
2,092
-
4,832
1,935
8,859
7,416
-
-
64
7,480
50
50
16,389|**Total funds**
**2024**
**£**
32,794
1,234
34,028
34,028
10,963
10,963
10,963
420
420
420
2,092
-
4,832
1,935
8,859
7,416
-
-
64
7,480
50
50
16,389|**Total funds**
**2023**
**£**
10,254
7,426|
|---|---|---|---|
||||17,680|
||||17,680
5,238|
||||5,238|
||||5,238
420|
||||420|
||||420
2,451
1,347
3,247
3,224|
||||10,269|
||||7,487
-
-
39|
||||7,526|
||||2,721|
||||2,721|
|||||
||||20,516|
Page 13
**Shree Girnara Soni Samaj (U.K.) Detailed Statement of Financial Activities**
|**Shree Girnara Soni Samaj (U.K.)**
**Detailed Statement of Financial Activities**||||
|---|---|---|---|
|**Total expenditure**
Net gains on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|27,772
-
6,256
6,256
-
6,256
261,075
267,331|27,772
-
6,256
6,256
-
6,256
261,075
267,331|26,174
-|
||||(8,494)|
||||(8,494)
-|
||||(8,494)|
||||269,567|
||||261,073|
Page 14