Charity registration number 1039725 (England and Wales) SHRI RADHE FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 SHRI RADHE FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustee Mr Lalit Chandegra Mr Ramesh Chandegra Mr Kishore Chandegra Mr Pravin Chandegra Charity registration England and INales 1039725 Principal address 30 Tranmere Road T￿iCkenhaM Middlesex TW2 7JB Independent examiner KLSA LLP Kalamu House 11 Coldbath Square London EC1 R 5HL Bankers Bardays Bank UK PLC 1 Churchill Place London E14 5HP SHRI RADHE FOUNDATION CONTENTS Page Trustee report Statement of Trustee responsibilities Independent examinels report Statement of financial activities Balance sheet Notes to the financial statements 7-12 SHRI RADHE FOUNDATION TRUSTEE REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustee present their annual report and finanaal statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's the Charities Act 2011 and 'Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (as amended for accounting periods commencing from 1 January 2019). Objectives and activities The Charity's Objective are to provide grants to institutions which are religious and social importance. Public benefit The Trustee have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Volunteers The volunteers are involved in general management and core activities of the Charity. The Trustees would like to acknowledge the tremendous efforts of the volunteers and the many supporters of the Charity for their continuous support in helping the Charity to achieve its objectives. Achievements and performance Financial review The Statement of Financial Activities is set out on page 4 of the financial statements in detail. The donation received during the year amounted to £409,025 (2024.. £46.000). During the year. the charity organised Ram Katha event and incurred related expenses totalling £441,217 (2024= £500). Reserves policy It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The Trustee considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. Risk management The Trustee has assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. There are no major risks identified. Plans for future periods Objectives The charity will continue in its efforts to fulfill its primary objectives. Structure, governance and management Shri Radhe Foundalion, Registered Charity No. 1039725 was founded in 1994. The charity is an unincorporated charity which is govemed and operated within the requirement set out in its constitution. The administration and control of the Charity and its assets are vested in a Board of trustees. The Board consists of 4 members (2024.. 4 members). SHRI RADHE FOUNDATION TRUSTEE REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Trustee who seNed during the year and up to the date of signature of the financial statements were: Mr Lalrt Chandegra Mr Ramesh Chandegra Mr Kishore Chandegra Mr Pravin Chandegra Trustee training and recruitment The Trustees recognise thal the Governing body requires b￿adth and depth of experience to carry out its duties effectively and efficiently. Where it is desirous to appoint new trustees any such appointrnent must be rattfied by the existing trustees al a duly constituted board meeting. Any such new trustees are initially selecled having regard to their personal and professional expertise in the activities of the charity. If required, training is given to new trustees to ensure they are compliant and able to fulfill their roles. All decision making is undertaken by members of the Board. The dlarity has no staff and there is, therefore, no requirement to delegate decision making further. Organlsational structure The names of the current Directors and those who held office during the financial year are set out above. The Directors, who are the Charity Trustees for the purposes of the Charities Acl 2011. conduct the operations of the charity. The Board of Directors meets regularty to discuss the affairs of the charity as a whole. Related parties None of our trustees receive remuneration or other benefit from their work with the charity. The Trustee report was approved by the Board of Trustee. Ip¢- Mr Lalit Chandegra Trustee 26 January 2026 SHRI RADHE FOUNDATION STATEMENT OF TRUSTEE RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustee are responsible for preparing the Trustee Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the Trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year. In preparing these financial statements, the Trustee are required to.. select suitable accounting policies and then apply them consistently- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity 11 continue in operation. The Trustee are responsible for keeping SLfficient accounting records that disclose wth 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. SHRI RADHE FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEE OF SHRI RADHE FOUNDATION I report to the Charity Trustees on my examination of the accounts of the company for the year ended 31 March 2025. Responsibilities and basis of report As the Trustee of the charity you are responsible for preparation of the financial statements in accordance with the requirements of the CharitiesAct 2011 (the 2011 Act). I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination i have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Basis of Independent examiner's ￿port My examination was carried out in accordan￿ with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees Con￿rning 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 accounts present a 'true and fair vieW and the report is limited to those matters set out in the next statement. Independent examinerfs statement I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Ad; or the financial statements do not accord wth 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. LLf KLSA LLP Kalamu House 11 Coldbath Square London EC1R 5HL 26 January 2026 SHRI RADHE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Charitsble activities 81,819 409,025 490,844 11,250 46,000 57,250 Total income 81,819 409,025 490,844 11,250 46,000 57,250 Expenditure on: Charitable activities 4.050 437,167 441,217 500 500 Total expenditure 4.050 437,167 441.217 500 500 Net incomellexpenditure) and movement in funds 77,769 (28,142) 49,627 10,750 46,000 56,750 Reconciliation of funds: Fund balances at 1 April 2024 20,071 46,000 66,071 9,321 9,321 Fund balances at 31 March 2025 97.840 17,858 115.698 20,071 46,000 66.071 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. SHRI RADHE FOUNDATION BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 10 68,381 127,808 19,742 48,829 196,189 68.571 Creditors: amounts falling due within one year 11 (80.491) {2,500) Net current assets 115,698 66,071 The funds of the Charity Restricted income funds Unrestricted funds 13 14 17,858 97,840 46,000 20,071 115,698 66,071 The financial slatemenls were approved by the Trustee on 26 January 2026 Mr Lalil Chandegra Trustee SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Shri Radhe Foundation is a charity registered in England and Wales. The registered office is 30 Tranmere. Twickenham, Middlesex 7JB. 1.1 Basis of preparation The financial statements have been prepared in accordan￿ with the Charity's governing document, the Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in a¢cordan¢e wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (as amended for accounting periods commencing from 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concem At the time of approving the financial statements, the Trustee have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustee continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustee in fvrtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Donations is recognised when the Charity is legally enlitled to it after any performan￿ conditions have been met, the amounts Can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. It is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attnbutable to a single activity are apportioned be￿een those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies {Continued) Expenditure is accounted for on a payment basis and has been classified under headings that aggregale all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in Current liabilities. 1.7 Financial instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charty's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and setue the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balan￿s, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitules a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. 1.8 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide temiination benefits. SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustee are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experien￿ and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods vthere the revision affects both current and future periods. Income from charitable activities Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Gift aid Gift aid re￿1vable 81.819 81,819 11,250 11,250 Restricted funds Donations 409,025 409,025 46,000 46,000 81,819 409,025 490,844 11,250 46,000 57,250 SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Charity costs 2025 Charity costs 2024 Direct costs Event venue cost Travel cost Catering cost Venue setup cost Event consumbles and related costs 131,993 125,345 98,021 35,355 46,453 437,167 Share of support and governance costs Isee note 5) Governan 4,050 500 441,217 500 Analysis by fund Unrestricted funds Restricted funds 4,050 437,167 500 441,217 500 Support costs allocated to activities 2025 2024 Accounting fees 4,050 500 Analysed between: Charity costs 4,050 500 Net movement in funds 2025 2024 The net movement in funds is stated after chargingl{crediting)'. Fees payable for the independent examination of the charity's financial statements 4,050 500 Trustee None of the Trustee (or any persons connected with them) received any remuneration or benefits from the Charity during the year. 10- SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Total There were no employees whose annual remuneration VRS more than £60,000. Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 10 Debtors 2025 2024 Amounts falling due within one year: Other debtors 68,381 19,742 11 Creditors: amounts falling due within one year 2025 2024 Other loan Accruals and deferred income 70,000 10,491 2,500 80,491 2,500 12 Related party transactions None of the Trustees of the Charity that served during the period received any benefit or expense reimbursements nor were they paty to any transactions that were entered in to by the Charity. At the balance sheet date, the trustee lent to the charity the amount of £60k (2024.. £nil) which is interest free and unsecured. This was subsequently paid. During the year, the charity received donations amounting to £186k {2024.' nil) from the trustees. 13 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 April 2024 Incoming sources Resources At 31 March expended 2025 46,000 409,025 (437,167) 17,858 11 SHRI RADHE FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Restricted funds {Continued) P￿VIouS year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 46,000 46,000 14 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balan￿S of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 20.071 81.819 (4,050) 97,840 Previous year: At 1 April 2023 Incoming sources Resources At 31 March expended 2024 General funds 9,321 11,250 (500) 20,071 15 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Current assetsl{liabilities) 97,840 17,858 115,698 97.840 17,858 115,698 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Current assetsl{liabilities) 20.071 46,000 66,071 20.071 46.000 66.071 12-