## _**PRAVASI MANDAL (ASIAN GROUP)**_
_Charity Number 1056591_
**Trustees' Report and Financial Statements For the year ended 31 March 2025**
## _**PRAVASI MANDAL (ASIAN GROUP)**_
||**_Contents_**||
|---|---|---|
|||**_Page_**|
|Report Of The Trustees||1 to 3|
|Independent Examiner's Report||4|
|Statement of Financial Activities||5|
|Balance Sheet||6|
|Notes forming part of the financial statements||7 to 10|
~~Ld~~ _**PAGE 1**_
## **PRAVASI MANDAL (ASIAN GROUP)**
## **Trustee's Report For the year ended 31 March 2025**
The trustees present their report along with the financial statements of the charity for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document and Accounting and Reporting by Charities: Statement of Recommended Practice for Charities preparing their accounts in accordance with Financial Reporting Standard 102 applicable in the UK and the Republic of Ireland published on 16 July 2014
## _**Reference and Administrative Details of the Charity, its Trustees and Advisors**_
**Charity Number 1056591**
## **Charity Offices**
65 Elsden Road Wellingborough Northants NN8 1QD Chairman
## _**Trustees & Committee Members**_
Sureshchandra M Patel Vinod Patel Jitendra Majithia Dilesh Vaghela Naynesh Mistry Narendrabhai Patel Tejas Patel
Chairman Vice chairman Secretary Treasurer
Holding Trustee Holding Trustee Holding Trustee
## _**Bankers**_
Barclays Bank plc 8 Market Street Kettering Northants
## _**Accountants**_
DMO Accountants First Floor Offices 25 Sanders Road Finedon Road Industrial Estate Wellingborough Northamptonshire NN8 4NL
_**PAGE 2**_
## _**PRAVASI MANDAL (ASIAN GROUP)**_
## _**Trustee's Report** (continued)_ _**For the year ended 31 March 2025**_
## **Structure, Governance and Management**
The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the governing document of the charity.
Membership of the Mandal group is open to anyone over 40 and any organisation so long as they have paid their subscription. Each member has one vote.
At the Annual General Meeting of the charity the members elect a chairman, a vice chairman and a treasurer who hold office from the conclusion of that meeting. The Executive Committee consists of between 6 and 18 members including the officers already mentioned. A quorum is one third of the Executive Committee or 3 whichever is greater present at the meeting. Every matter is decided by a majority of votes: in event of a tie the chairman of the meeting has the casting vote. Meetings are held at least twice a year.
Existing trustees brief new trustees on the work of the charity and Charity Law generally so that they are aware of their responsibilities as trustees.
The day to day running of the charity is entrusted to paid employees who are selected for their posts by the trustees.
## **Public Benefit: Objectives and Activities**
Pravasi Mandal is established by its constitution, and its objects are:
**(a)** to promote the benefit of the inhabitants and, primarily the Asian inhabitants, of Northamptonshire and to advance education and provide facilities for recreation or other leisure- time occupation of the members.
- **(b)** to provide the facilities of a day centre.
- **(c)** to promote such other charitable purposes as may from time to time be determined.
The trustees are of the opinion that the Charity's objects and activities fulfil a defined public benefit as defined by the applicable sections of the Charities Act currently in force.
## **Public Benefit: Achievements and Performance**
The trustees consider that the performance of the charity this year has been most satisfactory. The activities include luncheon club, meals on wheels, ladies group, men's group, keep fit classes, yoga, swimming, health awareness, local and foreign holidays, etc.
## **Financial review**
The Statement of Financial Activities shows a net outgoing resources for the year of -£12,495 (2024 £45,247). The unrestricted reserves at the end of the year stand at £207,335 (2024; £212,846)
||**_2025_**|**_2024_**|
|---|---|---|
||**_£_**|**_£_**|
|**_The main grants received were:-_**|||
|Other grants|5,966|18,660|
|**_The main items of fund-raising income were:-_**|||
|Lunch takings|47,054|53,022|
|Trips income|143,788|3,928|
|Rental income|7,950|23,634|
## **Investment policy**
The charity continue to invests its surplus fund with Barclays Bank to receive interest. The charity's trustees are prudent and risk averse.
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds at a level which equate to approximately six months' unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs. Unrestricted funds are maintained at least this level throughout the year.
_**PAGE 3**_
## _**PRAVASI MANDAL (ASIAN GROUP)**_
## _**Trustee's Report** (continued)_ _**For the year ended 31 March 2025**_
## **Statement of trustees' responsibilities**
Law applicable to charities in England and Wales require the trustees 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 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;
- **(c)** 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 proper 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 2011. 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 03 August 2025 and signed on their behalf.
## _**Jitendra Majithia Secretary**_
## _**Sureshchandra M Patel Chairman**_
_**Dilesh Vaghela Treasurer**_
_**PAGE 4**_
## **PRAVASI MANDAL (ASIAN GROUP)**
## **Independent examiner's report to the trustees of Pravasi Mandal (Asian Group) For the year ended 31 March 2025**
I report to the charity trustees on my examination of the accounts of the Pravasi Mandal (Asian Group) (the Trust) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
**1.** accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
**2.** the accounts do not accord with those records; or
**3.**
the accounts do not comply with 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 examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
## _**Paul Minards ATT**_
## _**DMO Accountants**_
First Floor Offices 25 Sanders Road Finedon Road Industrial Estate Wellingborough Northamptonshire NN8 4NL
_**PAGE 5**_
## **PRAVASI MANDAL (ASIAN GROUP)**
## **Statement of Financial Activities For the year ended 31 March 2025**
|||**_Unrestricted_**|**_Unrestricted_**|
|---|---|---|---|
|||**_Funds_**|**_Funds_**|
||**_Note_**|**_2025_**|**_2024_**|
|||**_£_**|**_£_**|
|**INCOMING RESOURCES**||||
|**_Incoming resources from generated funds;_**||||
|Voluntary income|**_2_**|3,322|4,520|
|Grants received|**_3_**|5,966|18,660|
|Activities for generating funds|**_4_**|200,327|107,760|
|Investment income|**_5_**|17,283|12,194|
|**Total incoming resources**||**226,898**|**143,134**|
|**RESOURCES EXPENSED**||||
|Charitable activities|**_6_**|87,890|84,747|
|Cost of generating funds|**_7_**|150,617|12,129|
|Governance costs|**_8_**|886|1,011|
|**Total resources expensed**||**239,393**|**97,887**|
|||||
|**Net resources before transfers**||**(12,495)**|**45,247**|
|Net transfers (to)/from restricted fund|**_13_**|(775)|(31,481)|
|Net transfers (to)/from designated fund|**_14_**|0|0|
|Unrestricted funds brought forward||212,846|199,080|
|Unrestricted funds carried forward||**199,576**|**212,846**|
_**The notes on pages 7 to 10 form part of these accounts.**_
_**PAGE 6**_
## **PRAVASI MANDAL (ASIAN GROUP)**
Charity number: 1056591
## **Balance Sheet**
**For the year ended 31 March 2025**
||**_Note_**|**_2025_**|**_2024_**|
|---|---|---|---|
|||**_£_**|**_£_**|
|**Fixed assets**||||
|Tangible fixed assets|**_9_**|923,222|922,447|
|Investments|**_10_**|696|483|
|||**923,918**|**922,930**|
|**Current assets**||||
|Debtors|**_11_**|1,597|2,416|
|Cash at hand and in bank||120,767|132,434|
|||**122,364**|**134,850**|
|**Creditors (due < 1 year)**|**_12_**|1,633|636|
|**Net current assets**||**120,731**|**134,214**|
|**NET ASSETS**||**1,044,649**|**1,057,144**|
|**Funds**||||
|Restricted income funds|**_13_**|594,373|593,598|
|Unrestricted funds||199,576|212,846|
|Designated funds|**_14_**|250,700|250,700|
|||**1,044,649**|**1,057,144**|
Approved by the board of trustees on 31 July 2024 and signed on its behalf.
_**Jitendra Majithia Secretary**_
_**Sureshchandra M Patel Chairman**_
_**Dilesh Vaghela Treasurer**_
The notes on pages 7 to 10 form part of these accounts.
_**PAGE 7**_
## **PRAVASI MANDAL (ASIAN GROUP)**
## **Notes to the accounts For the year ended 31 March 2025**
- **1 ACCOUNTING POLICIES**
## **1.1 Basis of preparation of accounts**
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document and Accounting and Reporting by Charities: Statement of Recommended Practice for Charities preparing their accounts in accordance with Financial Reporting Standard 102 applicable in the UK and the Republic of Ireland published on 16 July 2014.
## **1.2 Fund accounting**
Income and expenditure is allocated between funds in the Statement of Financial Activities Income and Expenditure Account as follows:
Restricted funds where the donor has restricted the way in which the income can be spent
Unrestricted funds where the donor has made no stipulation in the way the income is spent and where the charity may use the funds in any way it sees fit in order to pursue its charitable objectives.
Designated funds where unrestricted funds have been earmarked by the Board for a particular charitable purpose.
**1.3 Pension costs - defined contribution schemes** Contributions made are charged to the Statement of Financial Activities as they become payable. All pensions are paid to independent pension providers where the pension fund assets are administered separately from the company.
- **1.4 Tangible fixed assets for use by the charity and depreciation**
Tangible fixed assets for use by the charity up to 31st March 1997 were written off as expenses in the year of acquisition. On 29th May 1997, the management committee valued all the fixed assets and included these as fixed assets in the accounts. These were:
Fixtures, utensils and equipment at £19,000
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets over their expected useful lives on a reducing balance basis. The rates applicable are 20% per annum. No depreciation is provided on the leasehold and freehold properties. The lease on the long leasehold property is for a term of 99 years commencing on 30 January 2014. This will be amortised once the lease enters its final 50 years.
## **1.5 Capital grant**
Capital grants received for specific acquisition of fixed assets are deducted from the cost of the fixed asset in the year of acquisition.
## **1.6 Incoming resources**
Voluntary income and donations are accounted for as received by the charity except for any grants received for specific purposes which have not been spent. The income from fund-raising ventures is shown gross, with associated costs included in fund-raising costs. No permanent endowments have been received in the year.
## **1.7 Resources expended**
Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT which cannot be recovered.
Expenditure which is directly attributable to specific activities have been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of these resources.
## **1.8 Investments**
Investments comprise shares in a listed company and are valued at market value at the end of the financial year.
## **1.9 Voluntary work and services received**
The charity benefits from the many thousands of voluntary hours and unclaimed out of pocket expenses contributed by a large number of supporters. It would be impossible to place a value on all of these gifts in kind without which much of the work undertaken by the charity could not be achieved.
## **1.10 Restricted Fund**
The Restricted Fund is the fund represented by the net book value of tangible fixed assets which is incapable of being distributed because it is tied up in land and buildings and contents.
_**PAGE 8**_
## **PRAVASI MANDAL (ASIAN GROUP)**
**Notes to the accounts** _(continued…)_ **For the year ended 31 March 2025**
|**2**
**VOLUNTARY INCOME**
Donation from individuals
Membership fees
**3**
**GRANTS RECEIVED**
Other grants
**4**
**ACTIVITES FOR GENERATING FUNDS**
Lunch takings
Raffle prizes
Group activities
Photocopying
Trips income
Rental income and hall hire
Transport
Profit on Sale of Asset
**5**
**INVESTMENT INCOME (UK)**
Movement in value of listed investment shares
Income from listed investments
Interest receivable on cash deposits
Rent (less expenses) from freehold investment property
**6**
**CHARITABLE ACTIVITES**
**_Day centre running costs:_**
Motor expenses
Depreciation
Staff costs including employers pension contributions
Water rates
Light and heat
Cleaning and waste disposal
Insurance
Ladies group and men's evening group
Postage, printing and stationery
Telephone and internet
Hire of equipment
Repairs
Loss/(profit) on disposal
General expenses
Bank charges|**_2025_**
**_£_**
1,567
1,755
**3,322**
**_2025_**
**_£_**
5,966
**5,966**
**_2025_**
**_£_**
47,054
54
1,481
0
143,788
7,950
0
0
**200,327**
**_2025_**
**_£_**
213
13
1,626
15,431
**17,283**
**_2025_**
**_£_**
998
8,660
54,583
1,834
13,889
1,131
1,368
1,365
53
581
211
2,785
0
0
432
**87,890**|**_2024_**
**_£_**
1,875
2,645|
|---|---|---|
|||**4,520**|
|||**_2024_**
**_£_**
18,660|
|||**18,660**|
|||**_2024_**
**_£_**
53,022
492
1,634
18
3,928
23,634
1,800
23,232|
|||**107,760**|
|||**_2024_**
**_£_**
22
15
1,066
11,091|
|||**12,194**|
|||**_2024_**
**_£_**
4,622
2,675
46,377
1,188
17,793
1,139
1,849
1,470
97
719
194
5,835
0
435
354|
|||**84,747**|
_**PAGE 9**_
## **PRAVASI MANDAL (ASIAN GROUP)**
**Notes to the accounts** _(continued…)_ **For the year ended 31 March 2025**
|**7**
**FUND RAISING**
**_2025_**
**_£_**
Food for lunches
8,784
Trips expenditure
141,833
**150,617**
**8**
**GOVERNANCE COSTS**
**_2025_**
**_£_**
Accountancy fees
630
Legal and professional fees
256
**886**
**9**
**TANGIBLE FIXED ASSETS**
_Day_
_£_
_£_
_£_
_£_
_£_
**_Cost or valuation_**
Balance b/f
512,723
49,349
318,353
77,243
44,614
Additions
7,759
0
0
1,676
0
Disposals
0
0
0
0
0
Balance c/f
520,482
49,349
318,353
78,919
44,614
**_Depreciation_**
Balance b/f
0
0
0
72,701
7,134
Charge for the year
0
0
0
1,164
7,496
On disposals
0
0
0
0
0
Balance c/f
0
0
0
73,865
14,630
**Net book value**
As at 31 March 2025
**520,482**
**49,349**
**318,353**
**5,054**
**29,984**
As at 31 March 2024
512,723
49,349
318,353
4,542
37,480
**10**
**INVESTMENTS**
**_2025_**
**_£_**
Listed investments: UK (market value at 31 March)
696
**696**
_Long_
_leaseh-_
_old_
_Freehol-_
_d_
_Investm-_
_ent_
_propert-y_
_F,_
_F_
_&_
_equipm-_
_ent_
_Motor_
_vehicle-s_|**_2024_**
**_£_**
9,079
3,050|
|---|---|
||**12,129**|
||**_2024_**
**_£_**
600
411|
||**1,011**|
||_Total_
_£_
1,002,282
9,435
0|
||1,011,717|
||79,835
8,660
0|
||88,495|
|||
||**923,222**|
|||
||922,447
**_2024_**
**_£_**
483|
||**483**|
The movement in the year of £213 relates to a revaluation in respect of the reduction in market value at the relevant accounting date.
|**11**
**DEBTORS**
Trade debtors
Other debtors
Prepayments and accrued income|**_2025_**
**_£_**
0
765
832
**1,597**|**_2024_**
**_£_**
0
769
1,647|
|---|---|---|
|||**2,416**|
_**PAGE 10**_
## **PRAVASI MANDAL (ASIAN GROUP)**
**Notes to the accounts** _(continued…)_ **For the year ended 31 March 2025**
|**12**
**CREDITORS (due < 1 year)**
PAYE liability
Other creditors
Accruals|**_2025_**
**_£_**
1,093
0
540
**1,633**|**_2024_**
**_£_**
0
96
540|
|---|---|---|
|||**636**|
## **13 RESTRICTED FUND**
The restricted fund is represented by the net book value of all tangible fixed assets except freehold investment properties.
|The movement on the restricted fund is as follows:-
As at 1 April 2024
Additions at cost
Disposals at cost
Less depreciation this year
Add depreciation on disposals
**_TOTAL AS AT 31 MARCH 2025_**
**14**
**DESIGNATED FUND**
The designated fund is for the flats for the elderly project;
Designated funds brought forward
Transfers from unrestricted funds
**_Balance carried forward_**
**15**
**CAPITAL COMMITEMENTS**|**_Fund_**
**_M'ment_**
**_£_**
**_£_**
593,598
9,435
9,435
0
0
**603,033**
**9,435**
(8,660)
(8,660)
0
0
**(8,660)**
**(8,660)**
**594,373**
**_2025_**
**_£_**
250,700
0
**250,700**
**_2025_**|**_Fund_**
**_M'ment_**
**_£_**
**_£_**
562,117
37,924
37,924
(35,093)
(35,093)
**_2024_**|
|---|---|---|
|||**564,948**
**2,831**
(2,675)
(2,675)
31,325
31,325|
|||**28,650**
**28,650**
**593,598**
**_2024_**
**_£_**
250,700
0
**250,700**|
||||
The charity had no capital commitments at 31 March 2025 or at 31 March 2024.
|**16**
**STAFF NUMBERS AND COSTS**
The average number of full time staff was as follows
Administrative
Direct charity staff (inclusive of leavers)
The payroll costs of these staff were as follows:
Gross salaries
Employers National Insurance
Less Employers Allowance
Employers Pension Contributions|**_2025_**
1
5
**6**
53,584
1,046
(1,046)
408
**53,992**|**_2024_**
1
5|
|---|---|---|
|||**6**|
|||46,177
529
(529)
201|
|||**46,378**|
There are no employees whose emoluments exceed £60,000 (2024 - none).