Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 Charity No: 1039522 SATKAAR ASIAN ELDERS DAY CARE SERVICES REP RT AND FINAN IAL TATEMENT R THE YEAR ENDED 1st MARCH 2025 Page l of 11
Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 SATKAAR'S LEGAL AND ADMINISTRATION INFORMATION TRUSTEES: Mr Vikas Tara Ms Madhur Sharma Mr Deepak Chandrababu Mr Adam Blaxter Paliwala SATKAAR ASIAN ELDERS DAY CARE SERVICES, OFFICE: Sikh Community Centre 17AIB Queensway Leamington Spa CV313LZ Telephone: 01926 315191 Email: 5atkaar@btconnect.com Web address . www.satkaar.co.uk INDEPENDENT EXAMINER'S: Tara and Co Accounting 21-23 Clemens Street Leamington Spa Warwickshire CV312DW SOLICITORS: Alsters Kelly Solicitors Hamilton House 20-26 Hamilton Terrace Leamington Spa Warwickshire CV32 4LY BANKERS: Natwest Bank plc The Parade Leamington Spa CV32 4WY Coventry Building Society Page 2 of 11
Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 SATKAAR ASIAN ELDERS DAY CARE SERVICES TRI"STF.F.S' RF.PORT FOR THF. I"F..4R F.NDF.D 31 11.IRC.'H 202$ The Trustees present their report along wr(h the financial statements of the Chartty for the year ended 31 March 2025. The financial ststements have been prepared in accordance with the accounting polic$ and notes to the accounts set out on pages 8-13 and comply with the Charity's Trust Deed and applicable law. GOVERNING DOCUMENT The Charity is governed by its constitution, which was adopted on 18 May 1992 and amended on 31 March 1994,30June1999,18 September 2002,25 June 2003,13 July 2005 and further amended on IS August 21J)7. APPOINTMENTS OF TRUStEES The Annual General Meeting oFthe Society shall elect not less than 8 and not more than 10 members. These elected members shall constitute the management committee of the society. TRUSTEE INDUCTION AND TRAINING New trustee5 undergo an orientation process to brief them on their le8al obligations under Charrty law. the Chart5 governin8 document5. the committee and decision making processes, the business plan and recent financial perfomiance of the Charity. During ihe induction process they meet key employees and other Trustees. Trustees are encouraged to attend appropriate external and internal training events which will assist them in carrying out their role. SATKA4R will continue to develop and strengthen the trustees governance and management structure by recruiting and electing to the rnanagement cornmittee Trustee5 Wtth appropriate financial, managemerrt and other relevant skills and expertise. ORGANISATION The Management cornmitee of the society meet at least four times a year. The Management commrttee and SATKAAR'5 day £are Service centre Officers are responsible for the dayto day iunning of the centre. RISK MANAGEME The Trustee5 have risk management strategy which comprises= An annual review of the risks the Charity mayhce The establishment of the syttems and procedures to mitl8ate those risks identffied. The implementation of procedures designed to minimise any tential impart on the Charity should those risks materialise. OWEcfivES AND AcllviTIES PRINCIPAL OBJEcfs The objeits of the Chartty shall be'.- IA) The Society is estsbli5hed to promote the relief of those member5 of theAsian community in need by rea50n of aEe,youth, ill-health or of mental illne55 Or the promotion and protection of rhe mental health of sufferers of a recegnised or diagnosed menial conditien or other disad¥anraÉe in any manner which now is or hereafter may be deemed by law to be for a charitable wrpose and is forthe public nefitwIthln the boundaries of the County of Warwickshirelhereinafter called the area of benefitl in particular, but without litrittation bv; i. The prevention or relief of poverty. ii. The advancement of education. iii. The development of health and social care facilities to meet particular cultural needs. iv. The participation in heahh promotion scheme to encouraee healthy eatin8 and healthy INing. v. The provision of advice, counseling and assistance which directly relieves the needs of the beneficiaries. vi. The advancernent of cutture. community development. citizenship, racial hamiony or equality and diversity- vii. Any other purp05e5 charitable in law. Paee 3 of 11
Docusign Envelope ID.. D7l06DD6-54c75¢9A22-3oD159684439 - ELDERS DAY CARE SERVICES TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED SIGNIFICANT AcfiviTIES SATKAAR has been serving the local Asian community for over the past two decades. The services which it has been providing to Asian elderly women have in the main been funded by the local authority-warwickshire County Council Iwcci. SATKAAR has been serving the local Asian community for over the past two decades. The services which it has been providing to Asian elderly women have in the main been funded by the local authority-warwickshire County Council IWCCI. Satkaar has been providing for last 14 years from 1st April 2002 social day care services to the elderly Asian women as well as men which are over the age of 60 asse55ed and referred by Local authority, 50 as the people continue to live in community rather than going to residential home. Under this agreement the county council was responsible for providing a grant to cover the staffing (4 Staff members) with stipulated skills and other premises cost (rent, heating, lighting and cleaning etcl. Since the county council had lease with SYDNI Centre for 10 Years they were directly paying the rent to SYDNI Centre and invoices account for the premises services such as cleaning, Electricity, heating, water and other communal services. These invoices were submitted on 3 monthly basis through SATKAAR for checking by county council for recommended payment to SYDNI Centre. County Council terminated the contract on 31st March 2012.County Council offered an arrangement on following terms: They will not pay any annual grant instead they will charge day care charges as per their standard Hourly rate to Users who are referred to SATKAAR by county Council who attend day care services and send to county council on monthly basis in arrears and any user contributing making a weekly contribution are deducted from our invoices and the contribution payable by the people Who are assessed are directly collected by us and county council only pays for their attendance charges. Satkaar is responsible for the payment of premises for lease and all its seniices and this arrangement with County Council is for 4 Years. MONITORING OF SERVICE PERFORMANCE Service quality Standard are monitored by the Chair of management Committee on an on-going basis and regular reports are provided to the management committee along with the financial and service development reports. Service user care plans are discussed and reviewed individually with the service users via staff on a quarterly basis to ensure that their care and other support is provided according to the assessed care plans. Annual service review is carried out by AH&CS to ensure that the care service is provided to the service users in accordance with the service specification of the SLA. In 2009 SATKAAR was adjudged offering Best Value for money day care services for elderly Asian women in accordance with the arrangement set out above and as per arrangement agreed with local authority. STAFF AND VOLUNTEER TRAINING AND DEVELOPMENT Staff and volunteers receive training on an on-going basis in the use of IT at work and basic first aid and other appropriate training to enhance their career development prospects. SATKAAR'S website is popular with people wanting to find out about SATKAAR and the services we provide (www.satkaar.co.uk). Page 4 of 11
Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 SATKAAR ASIAN ELDERS DAY CARE SERVICES TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED Satkaar service seeks to: Promote the well-being of Asian elders and help make later life a fulfilling experience. Empower and support Asian elders to live independently and with dignity. Enable Asian elders to live independently and exercise choice by providing them with support, information and advice. Consult service users in the planning development and delivery of services to the Asian community, on an on- going basis. Promote healthy living and eating. Promote a caring and compassionate service through culturally appropriate provision of services; offering a highly committed workforce with high expectations of quality of service delivery with a commitment to confidentiality. Offer and conduct, on regular basis, independent customer satisfaction feedback surveys to improve the quality and standards of Delivery of care to the service users. Provide counseling, advice and support for the well-being of Asian women suffering from mental health problems %n x% tn pn2hlp thpm tn livp indpnpndpntlv in thp r.nmmiJnitv_ FINANCIAL REVIEW Our total income for the Year ending 31st March 2025 was £38,177 and expenditure £64,617 RESERVES POLICY AND PERFORMANCE have 3 months revenue expenditure. For this year 50K has been allocated for general reserves to cover three month salaries, any redundancies & Notices and remaining is kept as capital reserves to cover our liability for the lease of premises. Any surplus in reserves fund is towards raising fund for buying and running the services from our premises. Active steps are being taken to further develop the existing services and new services such as service for Asian women suffering from dementia. DEVELOPMENT OF NEW SERVICES SATKAAR will be able to develop any acre services for Asian community which are funded jointly by the local authority and NHS as they have statutory duty to provide these services. For any services which the local authority and NHS have no statutory duty to provide, SATKAAR will be looking for other funds and donors to provide funding. SATKAAR as a charity has no responsibility to Use its own funds to provide any services to the community. Page 5 of 11
Docusign Envelope ID.. D7l06DD6-54c75¢9A22-3oD159684439 SAI I(AAK ASIAN ELDERS DAY CARE SERVICES TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 CONTINUED PUBLIC BENEFIT STATEMENT The Trustees of the Charity confirm that they comply with the Charity's objects and Charity Commission's guidelines on the operations of the Public Benefit requirement under Section 4 of the Charities Act 2011. STATEMENT OF TRUSTEES. RESPONSIBILITIES Law applicable to Charities in England and Wales requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the Trustees are required to: a) Select suitable accounting policies and apply them consistently; b) Make judgements and estimates that are reasonable and prudent. cl State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; d) Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charity will continue in operation. 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 1993,the Charity's Trust Deed and the requirements of the Charities SORP 2005.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. APPROVAL This report was approved by the Trustees on 29th January 2026 and signed on their behalf by . signed by.. E6C58E76981F4CF. Mr Deepak Chandrababu Trustee Page 6 of 11
Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 ATKAAR A IAN ELDER DAY ARE ERVI R THE YEAR ENDED I lAR Unrestricted Resiricted Funds Funds 2025 2025 Noles Total funds 2025 Totsl funds 2024 Incoming resources from generated funds Voluntary Income Donations and other in¢omes Activities for generating funds Meal ¢harges to customers Investment Income Rental Income from Property Grants from HMRC Grants from Adult Health and Conununity service Misc Income Subscriptions Received Annual Contractual grant Charges collection from service user (through WCC) Grants in kind: Premises services costs Renl of day care centre premises Vegetarian kitchen rent Contribution towards calering unit cost TOTAL INCOMING RESOURCES £0.00 4.858.80 0.00 0.00 £0.00 4.858.80 0.00 0.00 2.99 24,000.00 0.00 £0.00 £1,150.86 £0.00 £0.00 8,164.22 £0.00 £0.00 £0.00 £0.00 £0.00 38,176.87 30,795.27 1,175.00 7.65 24,000.00 24.000.00 0.00 £0.00 £1,150.86 £0.00 £0.00 8,164.22 £0.00 £0.00 £0.00 £0.00 £0.00 38.176.87 £7,265.70 £600.46 20,542.92 0.00 84,387.00 RESOURCES EXPENDED Charitable Activities Governance costs TOTAL RESOURCES EXPENDED 3 57,8fv1.57 6.752.91 64.617.48 0.00 0.00 0.00 57,864.57 6,752.91 64,617.48 88,378.65 6,360.00 94,738.65 NET tNCOMtNG RESOURCES FOR THE YEAR -26,440.61 0.00 -26 440.61 -10 351.65 There were no recognised gains or losses for 202£2025, other than those included in the Statemeni financial Activities. All amounts derive from continuing activities. Page 7 of 11
Docusign Envelope ID.. D7l06DD6-54c759A22-3oD159684439 B.41..4 IXb.D.4SSTr.-IS Property £7.00.000 00 £7,00.000.00 £7.00,000.00 £7,00,000.00 C.URRI:NT ASSTr-"I'S Bank Cuttent Account5 Funds on term deposit (Long tern] F.Dl Covcntry Building Soci¢ts' insht acLcss accouni Peiiy cabh balanLe DebtOTS Propeny Advance Adult Hcalth & community. Scrvicc Contribuiion tom.ards Latcring Contnbulion towards decoration maienal costs Contribution towards legal Fees Meal charges to customers Prcpaid T¢ni Insuran¥¢ Prepaid reni- day care ¥erttre Prepaid retJt- ve8etariatJ kntchen £i_Iii.00 £63.88 £0.00 £400.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £O.(M) £0.00 £0. 114.17 63.88 0.00 400.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.574.88 £578.05 C'.URR&-S1- I.I.4BlI.i-riTr.s Crediior and aLcruals". GTatJt- w.a['lckShirC County Council toTh7rd cultural diver5it%' E.venis for Asian Women NqHS Accountanci. fccs Book- keeping fees Telephone expenses Prepaid reni- I'egetarian kitihen Wagcs Loans NIC 14168.82 14168.82 £1.500 (K) 150000 £394 49 £64.700.00 £621.92 £642 98 21200.00 £1,072 89 £81.385.23 -179.¥111..i £6.20,189.6f £1.32,903.(H) £38.584.69 -£.IK.1111&.64 £6,61.993.36 £1,48,266.10 c.urrent Assets le&s c.urrent l.iabilities: Total ilssets It C"urrent Liabilititt: Long Term Liabilities Loans 0.00 0.00 £5.13.727.26 Total ilssets It Total Liabilitits: Represented b!.: RE,STRICTED FITrIDS I see note 71 UNRF.S'I'RIC'I"F.I) FUNDS I sc¢ not¢ 7) TOTAL FUNDS £4.87.286.65 £3.500.00 £4.83.786 6) £4.87.286.65 £3.500.00 £.5.10.227 26 £5.13.727.26 The financial siaiements were approi'ed by tht Tnsiees M )9th Januan. •0?6 Signed by.. y¢L E6BE76S8lF4¢F... Mr Deepak Chandrababu Trustet PaEp8of 11
Docusign Envelope ID.. D7l06DD6-54c75¢9A22-3oD159684439 SATKAAR ASiAN ELDERS DAY CARE SERVICES NOTES TO THE ACCOU5 FOR THE YEAR ENDED 31 MARCH 2025 NTIN al BASIS OF PREPARATION OF ACCOUNTS The financi31 statements are prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities (effective April 28) and The Charities Att 2011. in preparing the financial statements the Charity follows best pr3ttice as laid down in the Statement of Recommended Practice"Accounting and Reporting by Charities" ISORP 2CM)51 issued in March 2005. bl INCOME AND EXPENDITURE Incoming re50urce5 are included in the Staternent of Financial Activities when the Charrty 15 legal entitled to the income. Donated services are included at estimated market value. Expenditure directly attributable to specific activities has been included in the cost c*e8ories relating to those activities. Certain other costs, including support COSts, which are attributed to more than one activity have been allocated over cost categorie5 and activities on the basis of an estimate of the time spent on. benefits received by. floor areas or estimated usage by those activities. CI FUND ACCOUNTING The Charity's funds comprise.. Unrestricted Funds- these are funds that can be used in accordance with the Charity's objects at the discretion of theTrustees. Restricted Funds- these are funds that can only be used for particular purposes within the objects of the Charity as specified by the funders and includes funds raised for specific purposes. dl TAXATION Satkaar Asian Elders Day Care Services is registered wtth the Charity Cornmission and underthe prowsion5 of Section 505. Incorne and Corporation Taxes Att 1988, is exempt from liability to taxarion. 2. opERANG RESULTS 2025 2024 The operating results are stated after charging.. Independent Examiners fee5 7(K). 700.(K) Unrestric ted Funds Restricted Funds 3. CHARITABLE AcllvThiE5 2025 Total 2024 Staff costs (note 61 Tr3v&I and training expenses Support Costs (note 51 £18.500.59 18.5(Kl.59 48.223.74 000 40.1.54.91 88.378.65 £39_363.98 39,363.98 £57.864.57 £57.864.57 Page 9 of 11
Docusign Envelope ID.. D7106DD6-54CY75¢9A22-30D159684439 SATKAAR ASIAN ELDERS DAY CARE SERVICES NOTESTO THE ACcOUs FOR THE YEAR ENDED 31 MARCH 2025 CopINuED Restricte Unrestricted Funds d Funds 4. GOVERNANCE COSTS 2025 Total 2024 Independent Examiner's fees Insurance Consultancy Legal Fees Book-keeping £700.00 £1,892.91 £2,880.00 £0.00 £1,280.00 £6.752.91 £700.00 £1.892.91 £2,880.00 £0.00 £1,280.00 £6,752.91 £0.00 £0.00 £2,880.00 £0.00 £3,480.00 £6,360.00 £0.00 5. SUPPORT COSTS Rent and rates Advertisement Repair5 and renewals Telephone TV licencel Sky Cost Volunteer expenses Sundry expense5 Printing, stationery and postage Cleaning expenses Food & pantry expenses Service user5 transport C05t of outings Insurance Bank charges Bank loan interest Repair5 & Renewals Legal & prof. fees £2.500.00 £0.00 £0.00 £974.66 £339.00 £0.00 £2.930.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £11,947.32 £673.00 £20.000.00 £39.)63.98 £2.500.00 £0.00 £0.00 £974.66 £339.00 £0.00 £2.930.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £11,947.32 £673.00 £20,000.00 £39.363.98 £23,350.00 £0.00 £150.00 £1,306.67 £615.23 £15.00 £3,982.32 £0.00 £1,365.46 £282.06 £0.00 £0.00 £0.00 £9,088.17 £0.00 £0.00 £40.154.91 £0.00 Disclosed as- Charitable Activities £39,363.98 £0.00 £39,363.98 £0.00 £40,154.91 £0.00 6. STAFF COSTS 2025 2024 Wages and salaries Social security cost5 £18,500.59 £48,223.74 £0.00 £0.00 £18.500.59 £48,223.74 The average monthly number of statt employed. excluding trustees. calculated as full time equivalents, during the year was as follows.. 2025 No. 2024 No. Administration and Advice Catering No employee received remuneration of more than £60.000. No remuneration or expenses were paid to Trustees in either the current or previous year. Page 10 of 11
Docusign Envelope ID.. D7l06DD6-54c75¢9A22-3oD159684439 IKAqFt IAN ELD DAY RE NOTESTOTHEACCOUNTS FOR THE YEAR ENDED31 MARCH 20Z5 CONTINUED 7. STATEMENTOF FUNDS AtlstA rTI 2024 Movetnent5 in Re50UTie5 Incomin oin At 31st Mard) 2025 Equity In property £5.10.•?7.J? 38.176.87 (A_617.48 4.83.786 65 Contingency fund for future stafl liabilitie5 Office equipment and internal modification Premises shared services costs Catering unit contribution of Adult Health 2nd Community Services Stsff and volunteertraining Rental fund Rental fund- Kitchen New Services development initiative Meals ch?rge5 collertlons from service user5 Total Restricted Funds £0 £0( £0. 0.00 £0( £2.(XK) £o.(K) £0.00 £1.5(K> 00 £0 (M) £3.iOO.(K) 0.00 2,(Kfi).00 0.00 0.00 1.500 00 000 3.51N).00 o.fft) Tot31 Funds £5.li.P7 26 38.176 87 64.617 48 4.87.?86 65 RESTRICTED FUNDS Contlngency fund Thi5 fund was transferred to general reserve 35there was no more iequiretnentto keepthe5È. OfFice equipment update This fund was transferred to eeneral reserve as there was no more requirement of this. Prernises shared senrice5 costs This fund represents the donation in kind of the premises relared to costs for meetinE direct expenditure suth aswaier.electrioty. gas. deaning and building insurance provided by the Adult Health and Conununity Sermces of WaMckshire County Council. Caterlnz contrlbutlon Thi5 fund represents the agreed contribution to coverthe shortfall of the catering unitfrorn the Adult health and Comrnunityserwces on providing mea15 forthe Service users and volunteer5. Staff and volunteertralnlng Thi5 fund 15 to prowde resource5for staff and volunteer to undertake approved traifiing. Rental fund Thi5 fund repre5entsthe donation in kind of the prerni5e5 Used. Meals charyes Collertions from service users This fund represents th? charees made to the serwce users for the provision of the cateringlatilities atthe daycare centre. New sen4ites development initiative This fun(115 set aside to meetthe cost of providing new additional SeTr15 on a pilot baslsvntil on-goingfvnding sUPPOrt is received from local authority or other donors.