## **TRUSTEES’ REPORT**
## **AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED**
**31 MARCH 2025**
Registered Charity No. 1045607 (England and Wales)
## **SHREE BHARATIYA MANDAL Indian Association,Tameside CONTENTS**
||Page|
|---|---|
|Association Information|1|
|Trustees’ Report|2,3|
|Statement of the Trustees’ Responsibilities|4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Accounting Conventions and Accounting Policies|8,9|
|Notes to the Financial Statements|10-14|
## **SHREE BHARATIYA MANDAL Indian Association, Tameside CHARITY INFORMATION**
Community Established 1964
Legal nature Unincorporated Association Constitution adopted 29 January 1995 Charity Registered 6 April 1995 Charity Number: 1045607 (England & Wales) Trustees: (Executive Committee) President: Balwant Mistry Hon. General Secretary: Sailesh Mistry Treasurer:
Balwant Mistry Sailesh Mistry Jayesh Shukla
Other Committee Members Utambhai Mistry Ishwerbhai Mistry Navinbhai Parmar Bhavisha Mistry Naliniben Mistry Kanti Mistry Dalubhai Patel Pravinbhai Mistry Jasuben Bharti Mamta Mistry Dipak Mistry Bhaveni Mistry Amrit Mistry Dhayu Lad Sharda Mistry
Custodian Trustees Charity Offices
Kiranbhai K Mistry Dhunsukbhai Bharti Manherbhai Tailor Balwantbhai Mistry
Indian Community Centre 103 Union Road Ashton Under Lyne Lancashire OL6 8JN
Bankers
The Co-operative Bank PO Box 250 Skelmerdale WN8 6WT
Independent Examiner
Devshi Chothani Chartered Accountant DBF Associates 10 Park Place Manchester M4 4EY
1
**SHREE BHARATIYA MANDAL Indian Association, Tameside TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The Trustees present their report and accounts for the year ended 31 March 2025.
This report is prepared in accordance with the Association’s constitution, the Charities Act 2011 and the Charities SORP (FRS 102) – Update Bulletin 2 issued in October 2018..
## **Trustees and Executive Committee**
The Executive Committee and the Custodian Trustees named on page 1 have served throughout the year. The day-to-day management of the Charity is the responsibility of the Executive Committee which is duly elected annually. The Executive Committee met regularly throughout the year. The custodian Trustee, who are also members of the Executive committee, have an active role in the management of the Charity
## **Investment Powers**
The Constitution authorises the Executive Committee to make and hold investments using the general funds of the Charity. However, All surplus funds are currently held in low risk Banks and Building Society deposit accounts.
## **Constitution, Objects and Policies**
The Association is governed by the constitution adopted on 29 January 1995, and its objects continue to be “Promotion of charitable purposes for the benefit of inhabitants, in particular those of the Indian origin, of Tameside Greater Manchester”.
## **Public Benefit**
The requirement under Section 4 of the Charities Act 2011 is met, in the view of the trustees, by the provision of religious services, educational and cultural support services to the general public, together with the provision of subsidised meals for the elderly. The only theoretical “benefit”, derived from the charity, by any of the trustees, is the privilege of being able to participate in all of the Charity activities.
## **Development, Activities and Achievements**
The following is a list of some of the activities that are normally held at the Centre on a regular basis subject to any government restrictions:
Daily temple service- Open 3 times a day for the general public.
Wadil Welcome Luncheon club – providing Day Centre for the Elders, Meals on wheels, lunches, Elderly keep-fit classes, social interaction etc. Yoga classes, youth activities, religious discourse, Well-being sessions, Sports, Exercise classes, Outings and Fund raising.
Various religious and other functions and activities were held throughout the year, which were very well supported by all the members and visitors, again subject to any government restrictions.
2
**SHREE BHARATIYA MANDAL Indian Association, Tameside TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025 Financial Review**
The Trustees would like to report a surplus of £20,429 in the year in respect of the unrestricted funds. Whilst costs compared to last year decreased by £25,452 whilst income increased by £14,808.
## **Reserves Policy**
The free reserves as at 31 March 2025 amounted to £430,879 which represented over forty nine months’ cover of the current level of unrestricted expenditure. The trustee target level of cover is twelve months. This target is reviewed annually. Any excess over the target will be retained for further development of the facilities.
## **Future Plans**
Within the financial restraints already noted above the Trustees’ plan to deliver the same level of service in 2025/26 as was achieved in 2024/25 subject. There are plans to improve the existing facilities at the centre which will be achieved, at least in part, by making further appeals for funds.
## **Trustees Declaration**
In accordance with charity law, as trustees, we certify that:
So far as we are aware, there is no relevant financial information of which the Association’s independent examiner is unaware. We have taken all the steps we ought to have taken in order to make ourselves aware of any such information and to establish that the Association’s independent examiner is aware of that information.
## **Independent Examiner**
Devshi Chothani, Chartered Accountant, was appointed as the Association’s independent examiner some years ago. He has expressed his willingness to continue in that capacity.
## **Approval of the Report**
The report was approved by the trustees on the 04 August 2024 and is signed on their behalf by Sailesh Mistry (Secretary) and Jayesh Shukla (Treasurer)
Sailesh Mistry
Jayesh Shukla
3
**SHREE BHARATIYA MANDAL Indian Association, Tameside TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Statement of Trustees' Responsibilities**
The Trustees are required under the Charities Act 2011 to prepare financial statements for each financial year which 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 financial statements giving a true and fair view the Trustees should follow best practice and:
- 1) Select suitable accounting policies and apply them consistently
- 2) Make judgements and estimates that are reasonable and prudent
- 3) State whether applicable accounting standard and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements
- 4) 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 the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and irregularities.
## **Approval**
This report was approved by the Executive committee at their meeting held on 16 September 2025.
Treasurer Jayesh Shukla Jayesh Shukla
General Secretary Sailesh Mistry
Sailesh Mistry
Date: 16[TH] SEPTEMBER, 2025
4
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SHREE BHARATIYA MANDAL-INDIAN ASSOCIATION TAMESIDE (CHARITY NUMBER 1045607 ENGLAND AND WALES) FOR THE YEAR ENDED 31 MARCH 2025**
## **Independent Examiner’s Report to the Trustees on the Financial Statements**
**I, Devshi Chothani, report on the Financial Statements of the Association for the year ended 31 March 2025, as set out on pages 7 and 8 together with the notes on pages 9 to 14.**
## **Respective responsibilities of the trustees and the independent examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility as the Independent Examiner:
- to examine the accounts under section 145 of the Charities Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act);
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance 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 Financial Statements presented with those records. It also includes consideration of any unusual items or disclosures in the Financial Statements and seeking explanations from you as trustees concerning 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 Financial Statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner’s statement**
In connection with my examination, no material matters have come to my attention which gives me cause to believe that, in any material respect,
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the Financial Statements did not accord with the accounting records; or
- the Financial Statements did 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 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 accounts to be reached.
____________________ Date: 16 SEPTEMBER 2025 Devshi Chothani, Chartered Accountant
## **SHREE BHARATIYA MANDAL Indian Association, Tameside STATEMENT OF FINANCIAL ACTIVITIES AS AT 31 MARCH 2025**
|**Incoming Resources from**
Charitable Activities
Other Sources
**Total**
**Resources Expended on**
Other Activities
Charitable Activities
**Total**
**Net Incoming Resources/**
**(Net Resources Expended)**
**Net movements in funds**
**Total funds as at 1 April 2024**
**Total funds as at 31 March 2025**|Notes|Unrestricted
funds
£
39,266
115,953
155,219
902
131,888
132,790
22,429
22,429
410,450
432,879|2024
Restricted
funds
Total
Total
£
£
£
0
39,266
26,857
0
115,953
111,554
0
155,219
138,411
0
902
2,245
0
131,888
155,997
0
132,790
158,242
0
22,429
(19,831)
0
22,429
(19,831)
1,256,931
1,667,381
1,687,212
1,256,931 1,689,810
1,667,381
2025|
|---|---|---|---|
||3
4
5
6|||
6
**SHREE BHARATIYA MANDAL Indian Association Tameside BALANCE SHEET AS AT 31 MARCH 2025**
|**Fixed Assets**
Tangible Fixed Assets
**Current Assets**
Debtors
Bank Deposits
Cash at bank
Cash in Hand
**Total Assets**
Less: Loan
Less: Stripe
**Represented By**
Unrestricted Funds
Restricted Funds|**Notes**
**£**
**£**
**£**
**£**
7
926,513
964,901
8
7,416
5,416
9
268,192
268,192
498,960
440,144
356
774,924
355
714,107
1,701,437
1,679,008
6,000
6,000
5,627
11,627
5,627
11,627
1,689,810
1,667,381
10
432,879
410,450
1,256,931
1,256,931
1,689,810
1,667,381
0
0
**2025**
**2024**|
|---|---|
||7
8
9
10|
Approved by the trustess on 16th September 2025 and signed on their behalf
## Sailesh Mistry
## Jayesh Shukla
Secretary: Sailesh Mistry
Treasurer: Jayesh Shukla
7
Director of DBF Associates Ltd, 10 Park Place, Manchester. M4 4EY Page 5
**SHREE BHARATIYA MANDAL Indian association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
## **1. Accounting Conventions**
## 1.1 BASIS OF PREPARATION
The Financial Statements have been prepared under the historical cost convention, and in accordance with the Charities (Accounts and Reports) Regulations 2008, the Charities Act 2011 and the Charities SORP (FRS 102) – Update Bulletin 2 issued in October 2018..
## 1.2 GOING CONCERN CONCEPT
The Financial Statements have been compiled on the assumption that the charity will be a going concern for at least twelve months from the date of this report.
- 1.3 SOFA MINOR MODIFICATIONS
The trustees have opted to modify the SOFA slightly by grouping all incoming resources, other than those derived from Charitable Activities, under the generic heading “Other Sources” in order to avoid any potential confusion that could arise from the use of the heading “Donations and Legacies.”
## **2. Accounting Policies**
## 2.1 INCOME
- a) Voluntary income is received by way of Donations and Gift and is included in full in the Statement of the Financial activities when received. The value of services provided by volunteers have not been included.
- b) Grants, including any grants for the purchase of fixed assets, are recognised in full in the Statement of Financial activities in the year in which they are received.
## 2.2 EXPENDITURE
- a) Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.
- b) Resources expended are allocated to the particular activity where the cost relates directly to that activity.
- c) The Association does not incur governance costs.
8
## **SHREE BHARATIYA MANDAL Indian association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
## **2. Accounting Policies continued**
## 2.3 ASSETS
Expenditure on fixed assets above £1000 is capitalised. Despite all expenditure having been funded entirely from restricted funds, depreciation is charged according to standard accounting practice on the following basis:
Freehold Land/Investment Property Not depreciated Leasehold Land 50 year life from 2018 Freehold Building 50 year life from 2002 Building Improvements 20 year life from execution Furniture, Fixtures and Fittings 10 year life from acquisition Office Equipment 5 year life from acquisition Computer Equipment 4 year life from acquisition
## 2.4 FUNDS
- a) Unrestricted funds are donations and other incoming resources receivable or generated for the object of the charity without further specified purpose and are available as general funds.
- b) Restricted funds are to be used for specific purposes as laid down in the relevant appeal. Expenditure which meets these criteria is charged to the fund.
9
## **SHREE BHARATIYA MANDAL Indian Association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
|Unrestricted
Restricted
£
£
**3**
Specific Support Grants
0
0
Charitable Activities
39,266
0
39,266
0
**4**
4.1 Voluntary Contributions
Membership
1,959
0
Collections/Gift Aid
88,663
0
90,622
0
4.2 Income from Activities
Hire of Hall
10,016
0
Fund raising event
4,615
0
OVERALL TOTAL
153,219
0
**5**
5.1 On Investment Income
Property Expenses
902
0
5.2 On Fundraising activities
Eveny cost
0
0
902
0
2025
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
**INCOMING RESOURCES FROM OTHER SOURCES**
**RESOURCES EXPENDED ON RAISING FUNDS**
10|Total
£
0
39,266
39,266
1,959
88,663
90,622
10,016
4,615
153,219
902
0
902|2024
Total
£
0
26,857
26,857
1,909
75,603
77,512
11,277
0
138,411
2,245
0
2,245|
|---|---|---|
## **SHREE BHARATIYA MANDAL Indian Association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
## **6 RESOURCES EXPENDED ON CHARITABLE ACTIVITIES**
|6.1 Direct Activities
Temple and Religious
Elderly Peoples Group
Gujarati School
Events and Activities
Wages
Minor Grants Payable
6.2 Support Activities
a) Establishment Expenses
Insurance
Light & Heat
Water
Repairs & Renewals
-Equipment
-Building
Cleaning & Gardening
6.3 Depreciation on Fixed Assets
Furniture and Equipment
Leasehold Land/Building
OVERALL TOTAL||2025|Total
£
14,420
20,324
0
765
12,368
0
47,877
4,822
16,824
1,646
0
8,826
0
6,381
16,278
22,110
38,388
131,888|2024
Total
£
6,121
14,280
0
373
12,353
0
33,127
7,952
13,652
1128
0
7,551
0
9,230
32,556
44,220
76,776
155,999|
|---|---|---|---|---|
||Unrestricted
£
14,420
20,324
0
765
12,368
0
47,877
4,822
16,824
1,646
0
8,826
0
6,381
16,278
22,110
38,388
131,888|Restricted
£
0
0
0
0
0
0
0
0
0|||
**SHREE BHARATIYA MANDAL Indian Association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
## **7 TANGIBLE FIXED ASSETS**
|**7.1 Land and Buildings**
Cost: As at 1 April 2024
Additions in year
Cost as at 31 March 2025
Depreciation: as at 1 April 2024
Charge for the year:
Depreciation: as at 31 March 2024
Net Book Value: 31 March 2025
Net Book Value: 31 March 2024
**7.2 Furniture & Equipment**
Cost: As at 1 April 2024
Additions in year
Cost as at 31 March 2025
Depreciation: as at 1 April 2024
Charge for the year:
Depreciation: as at 31 March 2024
Net Book Value: 31 March 2025
Net Book Value: 31 March 2024|Investment
Freehold
Leasehold
Freehold
Building
Property
Land
Land
Building
Improvements
Total
£
£
£
£
£
£
70,365
250,000
6,431
1,060,000
15,617
1,402,413
0
0
0
0
0
0
70,365
250,000
6,431
1,060,000
15,617
1,402,413
0
0
903
487,600
8,591
497,094
0
0
129
21,200
781
22,110
0
0
1,032
508,800
9,372
519,204
70,365
250,000
5,399
551,200
6,245
883,209
70,365
250,000
5,528
572,400
7,026
905,319
Furniture
Fixtures
Office
Fittings
Equipment
Computers
Total
£
£
£
£
162,784
1,500
5,482
169,766
0
0
0
0
162,784
1,500
5,482
169,766
103,202
1,500
5,482
110,184
16,278
0
0
16,278
119,480
1,500
5,482
126,462
43,304
0
0
43,304
59,582
0
0
0
0
59,582|
|---|---|
12
**7**
## **SHREE BHARATIYA MANDAL Indian Association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
## **TANGIBLE FIXED ASSETS CONTINUED**
|**7.3 Summary**
Cost: As at 1 April 2024
Additions in year
Cost as at 31 March 2025
Depreciation: as at 1 April 2024
Charge for the Year
Depreciation: as at 31 March 2024
Net Book Value: 31 March 2025
Net Book Value: 31 March 2024|Land
Furniture
and
and
Overall
Buildings
Equipment
Total
(7.1)
(7.2)
£
£
£
1,402,413
169,766
1,572,179
0
0
0
1,402,413
169,766
1,572,179
497,094
110,184
607,278
22,110
16,278
38,388
519,204
126,462
645,666
883,209
43,304
926,513
905,319
59,582
964,901|
|---|---|
13
## **SYR Indian Association, Tameside NOTES TO THE FINANCIAL STATEMENTS AS AT 31 MARCH 2025**
|**8**
**DEBTORS**
Insurance Prepaid
Deposit Interest Accrued
**9**
**BANK DEPOSITS**
Bank of India
Bank of Baroda
State of Bank of India
TOTALS
**10**
**ALLOCATION OF TOTAL ASSETS TO FUNDS**
Tangible Fixed Assets
Debtors
Bank Deposit Interest Received|Restricted
£
0
0
Restricted
£
141,798
0
126,394
268,192
Restricted
£
926,513
7,416|2025
Unrestricted
£
7416
7,416
Unrestricted
£
-|Total
£
7,416
7,416
141,798
0
126,394
268,192
Total
£
926,513
7,416|2024
Total
£
5416
5,416
Total
141,798
0
126,394
268,192
Total
£
964,901
5,416
2024
Total
£
-|
|---|---|---|---|---|
14