DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED BY GUARANTEE) REPOR T AND FINANCIAL sfAfEMENTS FOR THE YEAR ENDED 31ST MARCH2024 Company Alo. 2913733 (England and Wales) Charlty No. 1036109 DARJI MITRA MANDAL OF THE UNITED KIAIGDOM (LIMITEO 8Y GUARANTEE) Contents Page Legal ai)d Admiiiistralive Inf0M7a￿Qn Report ol the Trusle8s/Direclorb Slat8m8nt of Trust98￿DI￿oIors, Responsibililies Report of Ihe Indeoendenl A(Idilors Slafeinenl ol Fii?ancial Activi￿e5 St818n78nf of Fin8nci81 Posilivn Nolos to the Financiol Slalem¢17ts 9. 12 The lollowin9 pag8s do not form part of th8 stolli￿ry linancial Sialomonts. Managemonl Profil & Loss Account 13- 14 DARJI MITRA MANDAL OF THE UNITED KINGDOM {LIMITED B Y GUARANTEE) Legal and administrative inlormatlon Status rhe org8111sa¢ioi? is 8 cha171ahle company limrt6d giiarant88 Incorporated on 2911? Maf'ch 1994 and regisipio.d as a chaiiiy 017 81h April 1994 Tl?e c0117P?I)y W<)$ Qstablished under 8 MemoranGlum of AssociaiiQil igith lh8 obleels and uowers of a Ch￿rIt￿ble ¢oinpai?y fjnrt is gDv8ined unoer ifs Articles of Associdlion. Tr(Istaes/Dir&clors The Irusleggdir66lors who svrved duriiiu Ihe pgrioa ré Iisled on,'he frus1&e￿dlr&cIorS report SeY4iet4iry M4nendr& R Kapadi Regi.slpred ofhGg 2tr 08klhorpe Road Paliners Green London N13 5JL Reg15tergGI Ntsmber 2913733 (England & Wales) Règi.srer&d Ciianly Niiint>er 1036109 Websité www.darJil￿aI}d8I.Org,vk Audilors Taylors Chartergd Accountants and R8QlSt&red Auditors Rosedoan House 4 Argyl8 R08d 88rn&l N5 4DX DARJI MITRA MANDAL OF THE UNITED KINGDOM rLIMITED B Y GUARANTEEJ Company No. 2913733 (England and Wales) REPORT OF THE TRUSTEESJDIRECTORS FOR THE YEAR EAIDED 31ST MARCH 2024 The truS1è&5/di￿Ct0rs presents their ￿pOrt lo¢elher wilh the fin81?oial sr&i&niei?ls for lh8 year endod 31$1 M8rGh 2Q24. Prlnelpal actlvlties The company is a r8.(JisloKod cliarily ¢iiid 115 pni?Lipal aGliviti&s contio(ied 10 be as lollows.- for Ihe advanGemenl of Ihe Aindu rèligion. and In particular amongst Ihe Hindii Gujarali pgopl& lor the profn0h.￿7. 8diJcalion. support and 8dvanc•mfjnl uf Hindy cullijre and Iieriloge and In particular e knowledge of Hindu inusic, dance and 8rt In lurth8r8n¢e ol Iliis obj&GI fo provide a ¢ontre. Ilbrary 6xhibiThons 8nd displays. ralief olpovety. - Iptting ofcommunity hall Achlevements and perform&n¢e The financial resulls for Ilie ygar arg set ¢111 on pag8 T. Throughoul the yeèr th• tnJsteevJdir&clors organised Hindii religious and social even15 Publ1¢ benellt st•tèment The charity Jims to 8ncour8ge and 8du¢&le the Gujarall commiinity in Hindu culluTr 8nd hgrilage Truste&sla1￿CIors give ¢ar8ful consideration lo p18n atriivits'es which brings Iog61her Ihe comrF7unily by affanging visits to Hindu t91￿918s. soclal and religiDLlS •venl8. liko ffjeal p8rt168. ri•vratri and diwali celebrations, and O￿an1$￿t79 cominuriily ovenls lo raise funds for olher Ghuritias Dlre¢to Tho dir8¢lors who seTh8d diirliig the year werè as follows. Ashok C Tailor (resignod 28th July 2024) Ana V8drfa Tailor fresigngd 7 Ith Nov8mb8r 2024J 8haral T Tallor Bhar&llben T8ilor18ppoinl6d 7th June 20241 Dilip D Tailor fresigned 28th July 2024) Ishwar M Gosai (resignod 28th July 2024J Kantil81 R TopNwal8 KlshorJ Kapadia Mahendr8kiimar M Tailor frexign8d 28th July 20241 Mghrtrn R Kap8dia Narnndr& B 8hag8lia Pr&k8sh K Daiii Iresigned 281h July 2024) Pr8vin M Jivon (fft5igiF&d 281h July 20241 Fraiaprao T Chikhli& Saiiiay l Tailor (r&signed 28fh July 2024? Shil& Tailc)i' Thak0￿h￿l T Bhay81 Urva.8hi M Kfjpadia page 2 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEE) Company No. 2913733 {England and Wales) REPORT OF THE TRiISTE£S/DIRECTORS contlnued FOR THE YEAR ENDED 31STMARCH 2024 rrustees rilé) IrLislees kvho seNed duriiig year wei'e as follows.. Ashok C Tailoi Irèsignod 28th July 2024.. Ali& V8Uila Tailoi IresigiieJ 11th) NoveiFib&r 2024) Bli&rdt T THilor Bli social and rnligious R•s•rv•s pollcy li is Ihe policy ol11?8 Lhaiily to Ii&e ils reserv65 lo sellle 1178 building constniciiThp loaii, Trpair, n181nt8in. relurbish and exlend tho communily hell, wheTr majtyity ol the r81igious and sooial evonts 8re hèld. Audlt Inf0rn7atlon In s() far 8.% lh$ dlr8clors ar8 awaro. -there is no reiovonr aiidil inlonTralion (inl(wm&iion ne80gcl by th6 company's audiiors in conneclion with prepanng Iheir r6POrt) of whiGh rhe coinpany'5 auditors are unawarè. and -Iho directors Iiavts iakon all Ihe slep$ 11181 tliey oug17t to have Igkèn lo make Ihem$8lves aware of any ieievaiil audit iiifoiindlioii aijd lo 9518blish Ilidl IIILI conipany's audilors ar8 aW?I'è ol11?al Iiiforinalion. Compllan¢• wlth l•glslatlon The financi81 st8tem&nfs comply ￿th the Charilles Aci 2017. the Companies Act 2006. the Mfjniorai?dun? ?17d Articlos of Association. and Acttounling Bnd Reportlng by Chgrillgs. Statemei?t of Rocommenderl Practice applicabl& lo chonties prgparing Ih¢ii' accounts in accordance with rhe Financial RepDrtins] Standard appli¢abla In the UK aiid R8public ol Ireland (FRS 702) (8ff8Ctive 1st Jaiiuary 2015), Appmved by thtr 808rd of fnis eeslDlre¢tors ma, /, fy.,& Mahendra Kapadia TrusteelDlrector Page 3 Darjl Mltra Mandal of the United KFngdom Statement ol TTllSt&es/Dire¢tors' Responsibllltles The Chanty Trus1è95 aré rasponsible for p16paring A Inislees. gnnual ￿pOrt ai?d financial sratwnents In aocordance wilh &ppliGable law and Llni1gQ Kingdom A¢coiinlln9 Standards (Llnltèd Kingdom Generally Accepted Accoiiniing Practice) Company law rnquir9S the charity trtis18èS to prapar6 lina17rial &la19m8nls for oach year which giv8 a Irue And fair ¥l&w of the Si&lB olaffairs ul Ihe cliaritablg company ai)d the group and af rh6 incoming resourtes and 8ppliration olrosourc8s. incliiding Ihe Ificome and expendiliire, ol the ch8rit8ble group for ih81 penod In preparing th8 finonoi41 s181pinenls. Ihe Inisle8s rqiJir8d lo •seleGI stsilablè 8ccounling pollcles and then Igpply them cofi&s¢e17tly,' obsetyo the methods 8nd pnnciplos in Ihe C17&rilies SORP, make Judgpments and esfimales that are reasoi?éJble and pnidenl.. 518te whelh&r applio&ble UK accounting sla17d&rd.* havg be8n followed, subjftct lo Bny malerlel departures disclos8d 8nd expl8ined ii? ffte financial sf8temenls.' prepare lh& Ilnancial slalemei?Is on the going conogrn basis unlgss Il Is inappiopri8te to pT&sum8 that th8 Gharily will continue In business Thg Irus198s ar8 rn.spnnsibl8 fnr keeping prr)pei accotinfing rfjcords that disclose wirh reasonable8c¢(Iracy al any time Ihe h'n8nciglposition of the chlfjrity Bnd lo èi?able them lo snsuto Ihalth& IiiianGial sl¢Jlemenls coniply vgifiy Ihe Comp8nles A¢1 21￿8. Th8y jrfj Also r8spc)nsibl@ for sdf&guardiriu tlig d5sgfs ol liie cliarily and Ihg groiip Iierice raking rga50n8ble sfeps f¢y rhe prev8ntion and d8t8¢lion ol frpud and other irregulurilie¥. Th61 Iruslg&s ai responsible for lh6 mainl&n&n¢* a17d integnly olih8 corpor818 8nd linencigl infonnalion Inrluded 017 the cliaritable company's wèbsile. Legislalion in tl?8 Uniled Kinqdom govpmir?q th8 prepar8lion ignd dis.seminaliorJ r)1 finDnci81 slal8mgnls may thffgr from l0gislallon in other Jurisdictioi?$. stsrem•nt as to dl$closure to our audltors In $0 f8r as Ihe truslees are awar8 81 Ihe Ilm& ol fipprovinq our Iriislees. annual roport.. there Is no mlovanl InforTTrafion. being infonnalion needed by the gudilor iii cu?17eclion with prop8ring Iheirreport. ofwhiGh Ihe groiip's audltor Is unawar8 and Ihe Iruslo&s. heving in8d8 onquiries ol Iglloiv dir6clors diid rhe urotip's audilor Ihal they oughl lo have individually laken, have 0g¢h laken all sleps Ih?¢ Ii&/.%he is obligèd lo lake 8s a dithelor in order to m8ke Ihemselves aware o18ny relevani audit infomlation and lo eslablish that the guditor is 8waro of thai informatioii, page 4 Darji Mitr8 Mandol of the Unrfied Kingdom Independenr Auditor's Report To The Meinbers Of Dorji Miira Mandal of the Unlted Klngdom Wo hd)ve auditfyd linanci1 Fii?8iicio1111101'17ialion Iiic'onTe Expeiiditur6 Accouiil. Bal&nG9 Shog1 ai?0 the relatèd 1701o.s Tlio 111?ai?cial reporting franieivJoik fhai, Ilas booii applied in thali, preparation Is èpplicable law Ui?Ilpd Kingdom AccniJi?Iing Sl¢Ji?daids (Uiiiftpd Kiiigdoin Gtynpirjlly Acropfted AccouFiling Pratslicej. Tliis rep017 is m¥Jd& sulely lo th& cliig1,'l¢ Shila Tailor Tmsloe/Director m,LJ,, ty,J, M8hendra K8padi Tiusl6g/DirKlor The nol&s LYP paqes 9 to 12 fonn part oflhese linancial slalefftenls p89* 6 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEE) NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 I) ACCOUNTING POLICIES The piiiiciptsl ¢ccu(iiTriing PKili¢ie5 have be&17 applie(I consisl&nlly thioughout117e year and in 1118 prec&ding year. fa) Basls ol ac¢ounting Th& Iinancial sl81811?pnls hhve he&1? prppaiad in accordance with Accouniing 8nd R6POrting hy Chanti&s (b) Fund accountln9 nre.%lrtrGipiI fiiiid.% Are for li.%e al lh8 disr181ic.n of t17e friislees In ILlrtheianLe of the ggii&f81 obJ&ciives of Ih6 L17ai",,ly. Ui?re511icled fiiiids I., Iclijde o reYalu(Ilioip reseiV& rbpreseiiiiiig the r651aleiiJenf of Invosiinenl &ssels 31 n7&1'koi vt31ues D&sigi)aled funcls arg uiireslricled 11117(Is edrn7efk&)d lh8 Mai?agem8llt Gunin?Illoe f¢Y P&rtIGular purposgs. R&slii,'led fuii(Is are subJ&rlLFd lo ieslriclions On 11?eii expenditurg impos&d by thè donor or Ihroug17 Ilie t8rms olaii appeal {¢) Incoming ro$ources All incoiniilg resoure6s 8ro incluOe(J in tli6 slalemènt ol fiiiancial aclivitl•s whei) the ¢hority Is 6nlilled ro rh8 In¢oin6 gnd the ainounl can bo qurlniiflèd with reasonable accuracy. Tl?e following specth"c pollGies ar8 epplied lo partirular ca16gonos of InGome Voluniaty Iiicoine Is r&c&ived by w?y of grants. donations and girts and 15 includgd in lull in the Slatemenl of Financial Activities wlien r8c8ivabla. Granfs, wl?ere entiilgingnl is nor c017dilion81 on thè dglivery ol a spacifir performai?ce by Ihe charily. are recognis8d when lh& chanly b8com8s un¢onditionally enft'iknd lo the giaiil . Donaled seThices 8nd facililies 8re inclucl8d ol the vallie to th8 charity whero Ihis can bé quanillled. Tht) valtiè af seThic&s piovicled by volunl88rs178s nol h88n Included In thes8 8ccount$ liiv&slinefpl incryn& Is ii?Gluded whgn receivable. li?corning resoiir¢es from cha17tahle Ir8ding •ctivily 8re accounted lor when eamed In¢ornii?g rgsoufGgS frorn grants. whers relat&d lo perforin8nc& 8nd sp8cific cleliv8rable$, are a¢counied for as tlie cherity &ari?s lh& riglFI lo con,sid8r&tioi? by ils perfonn81?ce. . Npl iiicoming resources ar8 show17 In accoiinls as the fui?Gtions fftro not held for lund4aising purposes, bul ar* ieligious and sucial 8clivit183 fd) Re$our¢e8 expendod Expeiiclilure is iecogi)isgd on an accriial basis as a Iiabilily is in¢ufred. Exp8ndilur8 incliides Jny VA T which ¢oiinol be fully rtscovorgd. ond is ￿Ported as p8rt of the expenditure to which il relalss.. Costs ol g6neiafAI?g funds Lomprise the cos¢s asso¢iat6d wifh altracting voluntary Incon￿ and th8 Qosts ol trading l(v lundraisiiw pU￿oSe8. Charili?blè èxpeiidituro conipiisos Ihosfj ¢osls in¢urr8d by the charily in th8 delivery or Ifs actsvities ?nd s&rvic&s lor ils ben8fici8rios. 11 Includ8s both Coslb thal cali be allocated directly lo suGh 8ch"vil1gs aiid those cosls ol an indireGt nalure 17eGess8ry ID support them. Gov8ri?aiice costs include those cosl.$ 8ssocialed with meeting Ihe constilutional and 5taiutory requiremantg of lh& chority and InGludo the auclil leos 817d costs Ilnked lo the slr&i8giG mgn8gemenl of the chanty. . All costs arg allocated belween Ihg expendilure c?legori8s ol lh8 SOFA on a b8sis dèsigned to rell8ct Ihe use ol th8 rosource Cosfs Trloling 10 8 partic'iilai aclivily &18 allo¢aled directly olliers ar8 8PPOrtioiied on ?n appropriatg basis 8 9. floor arogs. pei capila or estimated usage as sel out in Note 3. P8ge 9 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEEJ NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 (ej Fixed assets Fixed assets {Bxcluding Investn￿nts) 8Te slaled al cost less aocumulated depi6cialion Depr6ci81ion is calculated at the lollowing ral8s per annum using the reducing balonce basis.. Fumiture, fittlngs and equipment 015 No depreciation is provided on the f￿ahold building, as Ihe dirgctors are olthe opinion Ihat Ils 8stim&ted ￿silY￿al vjluo is not materially diff•rent lo the Car￿ng v8lue 2) DONA TIONS Unresfrtcled Re5tricled 2024 2023 Goner81 and pralhna don8tions 104 104 1327 3) TOTAL RESOURCES EXPENOED Basls ol allocatlon Costs of Charltable Govemanee g8nfjr•dng a¢tlvltl•s costs funds 2024 2023 Costs dlrectly alloeated to •¢tlvltle5 Bank loan Inloresl Pr8misas wnning costs DeproyGi81ion Audilors, rgmuneralion Aniiudl g8neral iiTreeting Annual fylum fi'lino lee Charit8bll• donations dirgct Costs of so¢i816vgnts dif8cI ICO 19¢gS and bank compensation direcl IT sollw8re 8nd web hosting charges direcl Priijting postage and $tation8ry G8n&ral 8¥pens8S Website dev81opmenl cosls dits dirgct dir8Ct 43. 226 4,352 43,226 49.801 4.352 4983 900 7,000 85 130 13 250 760 3,fj 340 151 15 2.073 dirècl 900 65 13 250 760 35 340 151 15 2,079 110 3.553 35 99 ij direct direct Support costs allocated to acdvttl•s 88nk and ¢8rd maohlne charyes Total rgsources oxpended tr8nsèGlions 323 4,925 323 18a 52.503 60.046 47,578 NET INCOMING RESOURCES This is slated 8fterch8rging' Deprecialion Auditgrs. r8fnullgralioii 2024 2023 4.3S2 909 5, 252 4983 7.000 5.983 pgge IQ DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEE) NofES TO THE FINANCIAL STA TEAIENrs FOR THE YEAR ENDED 31ST MARCH 2024 5) TAXA TION As a Charity D6rJi Milra Manèal of the UK Is &%einpl frorn Idx oil ifi¢om6 and gains fallin9 williii? seL'liuiis 485 10 488 Ilie CorpordtlDn faxos Act 2070 or seclion 256 of the Taxalion ol Chargeable Gaii?s Acl 1992 lo Ihfl 8xl8iid Ihat these 2r8 appli&d lo Ils charilablg obj6cis. 6) TANGIBLE FIXED ASSETS Fr8ehol land Fr&•hold building Furnltur• & equipment rotal Cost At 751 Apnl 2023 A(Idilions At 3151 Maicn ?024 737,880 488,890 98.368 770 99.138 725, 138 770 725. 908 137,880 488.890 Depreclation Al lsl April 202.3 Charge lor Ilio) y&ai At 31st March 2024 70,128 4,352 74,478 70.126 4,352 74,478 Net Book Valu• Ar 3751 March 2024 Y37,880 488, 890 24 660 657,450 Ai 31st March 2023 137.880 488. 890 28 242 655,012 fl DEB TORS 2024 2023 Oiher debtors 1450 8) CREDITORS.. AAfOUNfs FALLING DUE WITHIN OAIE YEAR 2024 2023 D8ryi Povilion hall deposils and rgntpèid in adva1￿9 Other oreditors and a¢ciu8ls 15,000 2, 538 7T,538 13.950 2.000 15.950 9) SHARE CAPITAL The ¢oinpany is Incorporaled as 8 company limited by 17U8ran16e h8ving no Sh8￿ ¢8pilal In rh8 event of lfie winding up ol Ihe company, liabililios of Ilje memb8r5 of Ihg lime b•ing Is r8s1rici6d 10 m8ximiim of £1 p8r meiFiber. Th& average number over the yeai was 7,200. page 71 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEE) NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 10} ANAL YSIS OF NET ASSETS BETWEEN FUNDS Designated Funds G•ner•l Funds Total Funds Tangible fixed assets Cuff8nl as$els Curr&nl liabllillès 364, 053 287.377 300.09T 7T,538 575.935 651430 306 097 77538 939 989 364.053 11) UNRESTRICTED FUNDS 8alance Q110412023 8alancg Expènd•aT 3110312024 Income D8sionaled liinds. Tangible fixgd assets lund Th• Big Loff8ry Fund Grant Gonerel fund 364,053 599 5GI.300 92Jf,952 364 053 599 575337 939 989 66. 540 52.503 52. 503) 12) TRUSTEESVDIRECTORS REMUNERA TION AND EXPENSES No remuneralion or 8xp8nses er8 paid to rh8 Iru&lees/difectors P•9e 12 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEEJ MANGEMENT PROFif & LOSS ACCOUAIT FOR THE YEAR ENDED 31STMARCH 2024 2024 2023 INCOME- General fund Donations and membership rtd&ii?beisliip foes Goneral and pralhna donations Advortising 011 Darli Voire 828 104 2. 132 1,327 1.032 3.459 Rèliglous funcilons h¢li3Ulnail chalis£l Vadrthii Roll 1250 88 1,229 7.338 1,229 Soelal luncuons Holland coach Irip Friday clubs L8die.% pampering ev9nt M88lpaity BBQ DIW81i gei iogelher New Years Party Sefpior ¢ilizons party 604 2.488 492 85T 2.782 592 7.554 2,510 6,902 4.441 Fundr•islng ftir other ¢harltle5 Publicalions 8nd sundry Dlrèclory 8dv&itiseine17tS snd sales Inve$tni•nt income 5aiik df3po.qil inleresi TOTAL INCQME 901 10.773 524 9, 653 DEDUCT.. OPERA TING COSTS . General Fund 817aJan N8vraln DJw81i gef togelher Childrens. Chrislma5 party Ani?iJ819911gral n7eeliii Chaiilable doi)8t1￿?5 Printing. poslag8 ancl st81ion8ry IT 50flwarB ai?d web hoslinq Gharggs 8aiik and carcl machin8 chargès Annual retum filing fe8 Website developingnl costs ICO fees and bank compensation General &xpenses Atsditor5' r8muneralion Deprecialion 270 490 1.470 861 1,222 130 110 13 99 783 65 250 751 340 323 13 2,Q73 35 75 900 4352 85 35 1.000 4, 983 9.2T7 896 10. 191 (538) Profit/ (loss) ¢•rried forward page 13 DARJI MITRA MANDAL OF THE UNITED KINGDOM (LIMITED B Y GUARANTEE) MANGEMENT PROFIT & LQSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 Profftl (loss) brought forward 896 1538J DARJI PAWLION (COMMUNITY CENTREJ INCOME Ronts re¢8Nvable 53, 184 T9.283 DEDUCT.. Expens¢s B3iik 10817 Inlere.81 Ralgs Wa18rrat•s Insuranoe Lighlirig ond healing Reliisfy coll&ction charges T81ephone 8r?tl iiit8rn81 Repairs, maintènance and pest ¢ontrcl all manag6r, caTrlakers and cl8aning costs p￿rniseS Iicence 54 1,.706 1488 1.440 3. 743 3.432 1.210 15,499 21.503 180 49.855 685 2.187 1,529 4690 3, 869 7,212 11,377 17497 180 43,226 Dgryl P•villion op8r81ino profit NET PROFif FOR THE YEAR 9.958 10.854 29,428 28.890 Tax claimed on gift &id donations SURPLUS OF INCOME OVER EXPENDITURE FOR THE YEAR 3. 183 14.037 28,890 page 14