Registered Charity No.. 1034580 SHREE PRAJAPATI ASSOCIATION BIRMINGEL4M (UK) Flnancial StatsmeDts for the year ended 31 March 2025 CELEIUCA LTD Chartered Certified Aeeountsnts
SHREE PRAJAPATI ASSOCIATION BIRMINGHAM (UK) INDEX Page Receipts and Paymcnts Account Ststsmfflt of Assets and Liabilities Notss to the Financial Statements
SHREE PRAJAPATt ASSOCIATIOF4 BIRMINGHAM Ind¢ ndent Examfiners Re rt to the Trustees of Shree Pra tl Assoelatlon Blnnin h#m We report to the charity trustees on our examinatson of the arxounts of the charity for the year ended 31 March 2025 whicb are 8¢t out on pa8e$ 2 to 8. ResponslbllltleB aDd basls of report As the ¢lwitys trtle¢S, you are resp)nsR)le for the pryation of the accounts ID ac(x)rdance with the requirnents of the Charities Act 2011 (th¢ 2011 A¢tl We ryort in Tespect of our eXamition of the charitys a¢¢ounts carrled out under section 145 of the Act and in canying out our examination w¢ have followed all the appli¢&ble Directions given by the Charity Conuni$sion under sectRon 145(5Xb) of the Act. Independent exAmSner's statement We conwleted our examination. We ¢onfm that no maleTial matters have come to our attention in COreCtIon with the eXaMitiOn giving us cause to believe that in any mataiaE resp¢., i accoum records were not kept in respect of the charity as required by section 130 of the Act. or 2 the aexounts do not accord to those records. We have no concerns and have come acTOSS no other matters in connection with the ex8mination to which attention should be drawn in this report in orts to enable a proper und¢rstsnding of the accounts to be reached. CELERICA LTD FlliST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN Dated . Is/i lis Page I
SHREE PRAJAPATI ASSOCIATION BIRMINGIIAM TRiisfEES' REPORT FOR THE YEARENDED 31ST MARCH2025 The Board of Tn pnt its ryort and unaudited fmancial statements for the year ¢Thled 31st March 2025. Reference & Administrative Information Charity Name Shree Praiapati A)cIation Binnlllgl1 Charity Registration Number 1034580 Principle Office 249 Warwick Road G¢t Birniingham Bll 2QX Board ofTruytees Kiranchandra Dahyabhai Misty Blwat Misty Piyushlamw Amba]al Misty Narendra Misty Bhavana Misty Custodial Head Trustee Trustee Tntee Tntee Trustee Execudve Committee I Charity Trustses Pravin Gulabbhai Misty Bharat Kumar Parshotam Misty Hansha Misty President Independent Examiners Celerica Ltd Chartered Certlfied Accountants First Floor The Old Chapel 9 Kp80 Road Leicester LE2 8AN Bankers 166 High Street Binningh West Midlands B179PW Struetur4 Governance & Management Governing Document The goveming document of the charty is a constitution adopted on 8th November 1992 as amended on 17 July 2014. Page 2
SHREE PRAJAPATI ASSOCIATION BIRMINGHAM TRUSTEESI REPORT FOR THE YEARENDED 31ST MAR H 2025 CONTINUED Trustees RecrnRtment and AppoinlmeDt The constitution states: (a) the Trustees of the Brdn¢h Association shall be elected every five years from among the members of tbe branch in an annual general meetin& (b) the number of TnL8tees s]Mll not be fewer tban three nor more than eleve (c) the Trtee5 shall pRnt three of their members to hold in their names the a&8ets and property of tbe Associatlon upon tnLSt for the Association provided that cash will be under the control of the (d) the Tnths shall with such consutt as are required by law deal with the Association's assets and property by way of sale, mortgE chaTg4 lease OT Otherwise directed by the Associatio Such direction shall be given by a r¢solution of the representatives of the Association at a duly ¢onven¢d meeting. Goverllance and Management (a) the Officers of the Association shall be a Presid¢nL a Vice-PresidenL a General Secretary. and a Treasurer. (b) the management of the Association shall be vested in the Executive Comrrith, which shall consist of the Officers of tbe AssoGiation and such additional members as the Association in the general meeting may from time to lime determine. (c) the Officers shall be elected annually from among the members of the Association in the annual general meeting. (d) Executive Committee rneetings sh1 be held not less than three times annually. (e) decisions at meetings of the Executive Committee shall be made by a simple majority and in the cvcnt of equality of voting the President (or the acting Chairnian of that meeting) shall have a casting vote. Misslon SIAtement The objects of the Association shall be as follows :_ (a) to advance the Hindu religion in the UK for the benefit of the public through the holding of prayer meetings lecthres. public cel¢brntion of retigious festivals and producing andlor distributing lil¢rnture on Hinduism to enlighten Othe about the Hindu religio (b) th¢ relief of povety and sickness amongst the Prajapati and other communities. Page 3
SHREE PRAJAPATI ASs(lATIoNBIRMINGHAm TRusfEES' REPORT FOR THE YEAR ENDED 31ST MARCH 2025 CONllNUED Objectives The Association will. ' promote and organige co-operation in th¢ a¢bi¢vemart of the Association's objects. . assist any charitable body or bodies in the UK or elsewhern * to provide Pla and faulities for religious worship and associated functi4)ns including the wfornHice of religious rites connected with Hindu births, nthrriages and deaths. * to Tange lecture4 re]igious conferew discussions and perfOrn1Ces. Fin4n¢lrdl Review The Associati( made a sury)lus for the year of £7,199 The Core income for the A$so¢iation is from the donations re¢eived for use of its propety. from amging religious. social and cultural events and from donation5 made by its memlws. Reseryu Poliey The charity's total TrVeS at the end of the fjnancial year was in excess of £214,000 with net current assets in excess of £114,000. Th¢ trustees considff this to be a reasonable lev¢1 for the charity io continue in delivering iv5 ¢hwitsble activities for the foreseeable future. The tsustees review this policy on an annual basis and re-assess depending of the current and futLre financial obligation Plans for the Future Given the Current economic clin]ate, rising energy costs and infiationary pressrn we exr*d our expenditure to increase in the future to Maint the prowty. However the associatÉon is well placed and has sufficient funds to m¢¢t increased costs and absorb additional ¢XP¢Dditur¢ In addition we have essential upgTade work on the building which reqlli attention. This work has already commenced and will consume substantial fimds which have been planned for. Major Rlsks The charity recognises its dependence on a small number of sources of external fiu)diD& Accordingty the Management Con)mitte¢ Ye¢eive and review inforniation on the ststus of the fimds expected and received ai each of its meetings. The charity has developed policies and prncedures covering all areas of identified operational risk. These poli¢ies and pro¢edwes are periodically reviewed and ulated as appTopriat¢. At an operdtional level the charity has a nunts of po]icies and procedLwes in place to idenitfy and manage majoT risks. These include the following: Comprehensiv¢ insutances providing cover for the followin& * Pub]ic liability * Employers liability * Property and equipment OrgaDisatiODal policies including: * Health & Safety * Equal op[th¢s * Good Governan¢¢ * Safeguarding Poli¢y Page 4
TRUSTEESI REPORT FOR THE YEAR ENDED 31ST MARCH2025 CONTINUED P4blle Benefit Statement The Trusts have nSIdered the general guidance on public benefft issued by the ChaTiti¢s Commission and taken due Tegard of that guidance. The Trustees ¢onsider they are Satisfi that the tharitys ac*ivitie8 do provide a wide pubjic s(Kial benefiL Statement of Trustees RespoDslbllfitles The trustees are rtsponsible for the prepari the Report and the fllMn¢ial statemfflts in accordan¢¢ with applicable law and United Kingdom Accow)ting Standards OJKGAAP). The law applicable to chaTiti¢s ryires the trustees to prepare financia] statements for each year which give a true and fair view of the state of affaiTh of the charity and of the incoming resources and application resources of the tharity for that period. In prepry these financial ststemeth& the trustees are required to: select suitable a¢ing policies and appty them ¢onsistentty: observe the m&hods and principles in the Charities SORP: make judgements and ¢stimates that are reasonable and prudent: stste whether applicable aLYounting standards have been followe subject to any Material departures disclosed and explained in the fll)an¢ial stat¢1)1. prepore the financial statements on the going concern basis wdess it is inappropriate to presume Ihat the city wi]1 continue in operntion. The trustees are rry01ble for keeping accounting records that disclose with reasonable accura¢y at any time the fllwicial position of the charity and to thable them to ensure that the fmancial statemfflts cornply with the Charities Act 2011, (the Ch8rity Accounts Rrts) regulations 2008 and 1rnst deed. They are a]$0 responsible for safeguarding the assets of the charity and hfflce tsknng reasonable steps for the prevention and detection of fraud and other irregularities. The tr$teeS aTe also r¢sponsible for the maintenance and intety of the ¢hlty and financial infornlation included on the charity's website. t£gisl81ion in the UK governing the preparation and dissen)inalion of financial statements may difftr from legislation in other jurisLlictiODS. This re&x)rt has been prepared in accordance with the guidance issued by the Charity Commission and preparing the accounts on a Receipts and Payments basis, Approved by the Board of ThteeS on ........ S . and signed on their behalf by: Custodia] Head Trustee Page 5
SHREE PRAJAPATI ASSOCIATION BJRMINGHAM (UK) RECEIpfs AND PAYMENTS ACCOi]NT FOR THE YEAR ENDED 31 MARCH 2025 Re5tsted 2024 Tota] Funds 2025 2025 Unrestrlct¢d Restrlcted Funds 2025 Total Funds Membership Fees Navratri Pn)gramrne Jntmt Receivable 85 4.555 2,366 10,653 2,072 40.461 6,976 5.943 85 4,555 2,366 10,653 2.072 40,461 6.976 5.943 145 3J60 569 5,509 6.677 7,484 4.840 2.655 Social Events/Fund raising Senior8 Events Donations for use In Hall Mi8cellaneo 73.111 73,111 31240 PAYMENTS 98 888 2,580 1,589 2375 38.429 2,062 17.891 98 888 2,580 1,589 2,375 38,429 2.062 17,891 500 1,377 6,685 lJ74 3.662 4,740 19 13.793 AGM & Diwali ProgrMe Administration Expenses So¢ial Events Seniors Events Sundry Expenses SPA Building (Including c&pitsli5ed expenses) Total Resourees Expended 65912 65,912 32,150 Net Reeeipts I (Payments) 7,199 7,199 (910) Cash Funds last year end 106.857 106,857 107,767 Cash Funds tbts year end 114,056 114,056 106,857 Page 8
SHREE PRAJAPATI ASSOCIATION BIRMINGHAMIUK) STATEMENT OFASSETS AND LIABILITIKS AS AT31 MARCH 2025 21)25 2025 2025 Unrestri¢¢ R¢strleted Total Funds Funds FuDds 2024 Total Funds Cash funds Cth at bank and in hand 114,056 114.056 114.056 114,056 106.857 106,857 Other non-monetary assets SPA Building Assets retslned by charfty for use SPA Building 100.812 100,812 IIK),812 100,812 100,812 100.812 Liabllllles 360 360 360 360 360 360 SiBned on behalf of the Trustees Print Name Dats of AppToval 13 JULY 2olS Page 7
SHREE PRAJAPATI TI Notes to the finamcial statements for the ear ended 31 Mgreh 2025 Aceountfing Pollcks Aetountlng ConveDtlon The accounts have been prepared the histori cost COnti01L Aeeountlng Treatment The accounts, incorporating a Re¢¢ipts and Paym¢nts A¢¢ounL Statement of Assets and Liabilities and related notes have been prepar in accordanL% with guidelines issued by tbe Charity comm10n and their publication CC16a. Taxallon No provi510ll has been made for tsxation as the ChIty'S ch8fAtsble status renders it exempt from UK dIt taxation. Staff Costs 2025 SalaTi¢S Social security No en10Yee earned £60.000 per annum or more. 3. Other ¢osts 2025 2024 Independent examiners fea5 360 360 360 360 Page 8
SIIREE PRAJAPATI ASSOCIATION BIRMtNGHAM INCOME & EXPENDTTURE STATEMENT YEAR EIYDED 31 MARCH 2 Rutsted 2024 2025 INCOME: Membership Fxq 85 4,555 2,366 10.653 2.072 40,461 6,976 5.943 145 3J60 569 5309 6.677 7,484 4.840 2,655 ]ntw¢st Receivable Donations Genernl Social EventslFund raising Seniors Events Donations for use in Hall Miscellaneous 73,111 31340 Navratri Progrdnllne AGM & Diwali Progra]Dm¢ Donations General 98 888 2,580 1,589 2,375 38,429 2,062 17,891 51K) 1,377 6.685 1,374 3,662 4.740 19 13,793 Social Events Seniors Events Sundry Expenses SPA Building (Including capitslis, 65912 32,150 NET SURPLUS FOR THE YEAR 7,199 (910) CASH BALANCE BROUGHT FORWARD 106,857 107.767 CASH BALANCE CARRIED FORWARD 114 056 Page 9