This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2023-03-31-accounts

			Page
Trustee report			1-3
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the accounts			7-13

The Board ofTrustees who	served during the year and up to	the date ofsignature	ofthe financial statements
were:
Mr OM P Sharma	(Reeigned	1 June 2022)
Mr Ravi Pershad Sethi	(Resigned	19July 2022)
Mrs Manlu Bala Sondhi	(Resigned	19July 2022)
Mr AshokKumar Mehta	(Resigned	19July 2022)
Ms Leela Devi Short	(Resigned	19July 2022)
Mrs Shanti Mehta	(Resigned	19July 2022)
Mrs Asha Sondhi	(Resigned	19July 2022)
Mr Balbhadar Sain Jain	(Resigned	19July 2022)
Mr Krishan Kumar Nijawan	(Resigned	1 June 2022)
Mr Raiinder Kumar Sud	(Resigned	19July 2022)
Dr Dharam Paul Sharma	(Resigned	19July 2022)
Mr Dharam Pal Khullar	(Resigned	1 June 2022)
Mr Som Neth Chityal	(Deceased	22June 2023)
Mr Prem Sondhi MrPKKad	(Appointed (Appointed	5 May 2022) 27 May 2022)
Mr R Nehra	(Appointed	17July 2022)
MrAGhai	(Appointed	17July 2022)
Mr A Rendev Mr R KTangri	(Appointed (Appointed	17July 2022 and resigned 18December 2022) 17July 2022)
Mrs N Chityal	(Appointed	17July 2022)

Mr AJindle	(Appointed	17July 2022)
Mrs N Mehta Mrs R KGhai Mr SP Sondhi Mrs SBKad	(Appointed 17July 2022) (Appointedgduneg022) (Appointed 17July 2022) (Appointed 17July 2022)		l 7 &"~ f 2
Mr S L Dhir	(Appointed	17July 2022)
Mrs H LSood	(Appointed	17July 2022)
Mr Sachdeva Late	(Appointed	5 February 2023)

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
			Notes	8	6
Income and endowments		fram:
Donations and legacies			3	210,928	145,639
Interest received			4	2	455
Other income			5		25,900
Total Income				210,930	171,994
~Ed II
Charitable activities			6	150,782	115,836
Net income for	the year/
Net movement	in funds			60,148	56,158
Fund balances at 1 April 2022				2,285,910	2,229,752
Fund balances	at 31 March 2023			2,346,058	2,285,910

				2023		2022
			Notes	8
Fixed assets
Tangible assets					2,923,83B		2,960,570
Current assets
Debtors			12	2		5,002
Cash at bank andinhand				322,694		2BB,755
				322,698		271,757
Creditors: amounts	falling due within
one year			14	(30,875)		(35,019)
Net current assets					291,821		236,738
Total assets less current		liabilities			3,215,657		3,197,308
Creditors: amounts	falling	due after
more than one year					(BB9,599)		(911,398)
Net assets					2,346,058		2,285,910
Income funds
Unrestricted funds					2,34B,058		2,285,910
					2,346,058		2,285,910

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
			6
Donations Coronavirus	and gifts job retention	scheme grant	210,926	135,163 10,476
			210,926	145,639

Unrestricted	Unrestricted
funds	funds
2023f	2022
Tots I	Unrestricted
	funds
2023	2022
6
	25,900

						Support	Support
						costs	casts
						2023	2022
						8	E
Share of Share of	support costs (see note 7) governance costs (see note 7)					146,699 4,083	111,753 4,083
						150,782	115,836
Support	costs
		Support costs	Governance costs	2023	Support costs	Governance costs	2022
		2			8	8
Staff costs Depreciation Support costs		31,987 36,733 77,979		31,987 36,733 77,979	26,313 36,979 48,461		26,313 36,979 48,461
Accountancy			4,083	4,083		4,083	4,083
		146,699	4,083	150,782	111,753	4,083	116,836
Analysed	between
Charitable	achvities	146,699	4,083	150,782	111,753	4,083	115,836

Employees			(Continued)
Employment	costs	2023	2022
		8	E
Wages and	salaries	31,987	2B,3'!3

Tangible fix	ed asseb	r
			Land and buildings	Plant aod machinery	Fixtures, fittings 8	Total
					equi pmsnt
					6
Cost
At 1 April 2022			3,094,624	6,555	109,520	3,210,699
At 31 March	2023		3,094,824	6,555	109,520	3,210,699
Depreclatlcn	and impairment
At 1April 2022 Depreciation charged		in the year	162,987 30,946	8,355 40	80,788 5,747	250,130 36,733
At 31 March	2023		193,933	6,395	86,535	286,863
Carrying amount
At 31 March	2023		2,900,691	160	22,985	2,923,836
At 31 March 2022			2,931,637	200	28,733	2,960,570
Debtors
Amounts falling due		within one year:			2023	2022 6
Trade debtors
Other debtors						1 5,001
						5,002

Loans snd overdrafls
	2023	2022
	E
Bank loans
	900,228	942,027
Payable within one year Payable after one year	30,629 869,599	30,629 911,398

		2023	2022
	Notes	E	E
Bank loans Other creditors	13	30,829	30,629
Accruals and deferred income			649
			3,741
		30,875	35,019

										30,875	35,019
16	Creditors:	amounts	falling	due	after	morethan	one	year
										2023	2022
									Notes	E	E
	Bankloans
											911,398

Analy	sis ofchanges in net (debt)/funds
		At	1Apra 2Q22	Cash flowaAt 315larch 2Q23
			E	E	E
Cash	at bank snd in hand		286,755	55,939	322,894
Loans Loans	falling due within one year falling due after more than one year		(30,629) (911,398)	41,799	(30,829) (869,599)
			(675,272)	97,738	(577,534)