**CHARITY REGISTRATION NUMBER: 1052886** **Sanskruti Foundation (UK) Unaudited Financial Statements 31 May 2024** ## **CHAMBERLAINS UK LLP** Chartered accountants 173 Cleveland Street London UK W1T6QR Sanskruti Foundation (UK) Financial Statements Year ended 31 May 2024 Pages Trustees, annual report 1to3 Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements 7t011 Sanskruti Foundation (UK) Trustees, Annual Report Year ended 31 May 2024 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 May 2024. Reference and admlnistratlve details Registered charlty name Sanskrutl Foundation (UK) Charlty reglstratlon number 1052886 Princlpal offic• 10 Cowbridge Road Harrow Middlesex HA3 9QA United Kingdom The trustees Chhaganlal J Dabhi Bhagwandas K Mistry Bhupendra Kansagra Bhavit Mehta (Relired 24 November 2023) Indopendont examlnor Shammir Shah Chamberlains UK LLP 173 Cleveland Street London UK W1T6QR 8tru¢ture, governan¢• and management Gov•rnlng Document The organisation is governed by a declaration of trust deed on 9th January 1996 and is a registered charity under the reglstration number 1052886. Appolntment of Tru8tees The organisation shall have at least three trustees. Every ￿tUre trustee sh811 be appolnted by a resolution of the trustees passed al a special meeting. In selecting persons to be appointed as trustees, the trustees shall take into account the benefits of appointing a person who is able by virtue of his or her personal or professional qualifications to make a contribution to the pursuit of the objects or the rnanagement of the charity. Publlc B•neflt Statement In accordance with the Charities Act 2011, the trustees confinn that they have given due consKleration to the Charity Commission Public Benefit Guidance as required by Section 4 of the Charitie8 Act 2011. Sanskruti Foundation (UK) Trustees. Annual Report (contlnued) Year ended 31 May 2024 Objactives and activities The organisation's objective5 and activities are.. 11 The relief of povety in any part of the world. 2) The advancement of public education in the vedic philosophy and Indian culture., 3) The advancement of the Hindu rel￿10n. and 4) For such other charitable institutions as the Trustees shall decide. Each year the trustees review the objectives and activities of Sanskruti Foundation (UK) to ensure that they continue to reflect the aims, goals and objectives. In carrying out this review the trustees hav8 taken Consideration of the Charity Commission's general guidance on public benefrt including Ihe supplementary public guidance on the advancement of religion for the public benefrt. Achlev8ment8 and performance During the year, the organisation organised and ran two religious events which took place in Leicester and Harrow in September 2023. Both events were fortunate to have a well known Hindu spiritual leader, Ramesh Oza attend and members of the public had provided charitable donations to the organisalion. In addition, the organisation has provided charitable donations of £125,00012023: £95,000) out of which £25,000 was donaled to London North West Hospital and £100,000 was donated to the Shrl Vraj Bhagirathi Charitable Trust for educating tribal children. Golng concern Th8 trustees believe that du8 to the availability of reserves, there are no material uncertainties about the charity's ability to continue for at least Ihe next 12 months from the date of this report. Rlsk management The twstee8 have a risk management strategy which comprises.. an annual review of the major risks the ch8rrty may face; the establishment of systems and procedures designed to mltigate major risks- and the implementation of procedures designed to minimise any potential impact on the charity should those risks materialise. Flnanclal rnvlew During the year, the organisation received donations amounting to £220,451 {2023: £170,733) from the general public. There has been no rnaterial change in the normal activities of the organisation during the year. Sanskruti Foundation (UK) Trustees, Annual Report (¢ontlnued) Year ended 31 May 2024 Plans for future per5ods The organisation's objective is to continue to advance and promote the understanding of the Indian culture and religion and in particular to teach the sanskrit language to others who would like to leam. In addition, the Trustees of the organisation want to organise more events known as the Katha which is an Indian style of religious storytelling, perfomances of which are a ritual event in Hinduism, and often invofve professional storytellers called kathavahchak or vyas, who recite the Hindu religious texts, such as the Puranas, Ramayana or Bhagavata Purana, often followed by a commentary, Pravachan. Responslbilltles of the Trustees The Charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations. The law applicable to the charities in England and Wale8 requires the trustees to Prepa￿ financial statements for each financial year. Under that law the trustees have elected to pr8pare the financial slatements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The Irustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affalrs of the chartty and the income and expenditure of the charity for that period. In preparing these financial staternent8. the trustees are required to.. select suitable accounting policies and then apply them consistently., obser41e the methods and principles in the Charities SORP., make Judgements and accounting estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, 8ubject to any material departures disclosed and explained in the financial statements., prepare the fin8ncial statements on the going concern basis unless it 18 inappropriate to presume that the charrty will continue in operation. The trustees are responsible for keeping adequate accounting records that are sufficlent to show and explain the charity's transactions and disclose wrth 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. They are also responsible for safeguarding the assets of the charity and hence for taking raasonab16 Steps for the prevention and detection of fraud and other irregularrties. The trustees, annual report was approved on 26 March 2025 and signed on behalf of the board of trustees by: Bhupendra Kansagra Trustee Sanskruti Foundation (UK) Independent Examiner's Report to the Trustees of Sanskruti Foundation (UK) Year ended 31 May 2024 I report to the trustees on my examination of the financial statements of Sanskruti Foundation (UK) (Ihe charrty,) for the year ended 31 May 2024. Responslbllltles and basls of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charrties Act 2011 ('the Act,). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Indopendent examlnerf$ statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me causa to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act; or the financial statements do not accord with those records., or the fSnancial statements do not comply wSth the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent 8xamlnation. I have no concerns and have come across no other matters in connection with the examination to which attention should b6 drawn in this report in order to enable a proper undefstandlng of the accounts to ba reached. Shammir Shah Independent Examiner Chamberlain$ UK LLP Chartered Accountants 173 Cleveland Stre8t London UK W1T6QR 26 March 2025 Sanskruti Foundation (UK) statement of Financlal Activltles Year ended 31 May 2024 2024 Unrestricted funds Total funds Total funds 2023 Income and endowments Donations and legacie8 Other income 237,667 3.135 237,667 3,135 194,554 Total Income 240.802 240,802 194,554 Expendlture Expenditure on charitable activiti85 Other expenditure Totsl expenditur6 173,395 113 173,395 103,311 103 173,508 173,508 103,414 N•t Income and n•t movement In fund¥ 67,294 67,294 91,140 Reconclllatlon of funds Total funds brought fomard Total funds carrled forward 221,089 221,089 129,949 288,383 288,383 221,089 The statement of financial activities includes all gains and1085es recognised in the year. All income and expenditure derive from continuing activities. Thè notsg on pag•s 7 to 11 form part of those financlal statsm•nts. Sanskruti Foundation (UK) Statement of Financial Posltion 31 May 2024 2024 2023 Current assets Debtors Cash at bank and in hand 12 17,216 278,068 295.284 67,946 158,244 226,190 Credltors." amounts falling due withln on? year Net current assets 13 6,901 5,101 288,383 288,383 288,383 221.089 Total asset8 less current liabllltles 221,089 Net assets 221,089 Funds of tho charlty Unrestricted funds 288,383 221,089 Total charlty funds 14 288,383 221.089 These financial ststements were approved by the board of trustees and authorised for issue on 26 March 2025, and are Signed on behalf of the board by.. Bhupen Trustee ra Kansagra The not•• on pago8 7 to 11 forni part of these fln•ncial •tatements. Sanskruti Foundation (UK) Notes to the Financlal Ststements Year onded 31 May 2024 General Infonnatlon The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 10 Cowbridge Road. Harrow, Middlesex, HA3 9QA, Unrted Kingdom. Statem•nt of compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Pfactice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 1021) and the Charities Act 2011. Accountlng pollc1•5 Ba$18 of preparatlon The financial statements have been prepared on the historical cost ba8is, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at falr value through income or expendrture. The financial statements are prepared in sterling, which 18 the functional currency of the entty. Golng concern The Trustees believe that due to the availabilty of re8eNes, there are no material uncertainties about the charity's ability to continue for al least the next 12 month6 from the date of this report. Judgemants and key $ource8 of estlmatlon uncertalnty The preparation of tha financial statement3 requires management to make judgement8, estimates and assumptions that affect the amounts reported. These estimates and judg8m8nts are continually review8d and are bas8d on experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances. Fund accountlng Unrestricted funds are available for use at the di8cretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds eamiarked by the trustees for particular future project or commitment. Re6trlcted funds are subjected lo restrictions on their expendrture declared by the donor or through the terms of an appeal, and fall into one of sub