REGISTERED CHARtTY NUMBER: 1077007 ort of the Trustees and Unaudited Finaneial Statements for the Year Ended 31 March 2023 for SAMANV A YA PARIVAR LEICESTER K G Solanki & Co. HaTnilion House 315 St Saviours Road L£icester Leicestershire LE5 4HG
SAMANVAYA PARIVAR LEICESTER ort of the Trustces FOR THE YF.AR F,NDF.D 31 MARCH 2023 The trnstees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees haN'e adopted the proi'isions of Accounting and Reporting by Lharitics.. Statement of Recommcnded Practice applicable Éo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in thc UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aim5 The Parivar continues to fulfil the aim of promoting goodwill and harniony of the religious and other activities dnd enhancing ParivaT'S name ACHIEVEMENT AND PERFORMANCE Charitable activities The tSteeS are pleased io report that this year the charity donated £7,594 (2022 - £18,294) to various charitable institutions with similar humanitarian and welfare aims as our and played host to several religious activities. It was expected that donation income will be reduced &$ the charity has no plans to undertake any major fund raising events in the year. FINAIYCIAL REVIEW Finanei81 position Most of the activities of the Charity are now operational with the fid raising being difficult due to the economic conditions. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity is governed by constitiOn adopfrd 19 September 1998 as amended 4 July 1999, August 2000 and l June 2003 REFERFNCE AIYD ADMINISTRATIVE DET AILS Registered Charity number 1077007 Principal address 61 A Great Central Street Leiccster Leicestershire LEI 4JT Trustees R N Popat U C Solanki N M Pandya Page I
SAMANVAYA PARIVAR LEICESTER ort of the Trustees FOR THF. YF.AR F.NDF.D 31 MARCH 2023 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner (i bolanki CO. Hamilton House 315 St Saviours Road Leicester LEicestershire LE5 4HG Charity Mallag¢ment Committee The Charity is administered by the following committee M Purohit (Vice Chairnian) B Raval ( Assistant Secretary) U Solanki ( Assistant Treasurcr) B Bhuplani D Parn]ar D Thakrar J Acharya (Secretary) R N Popat (TTeasureT) P Acharya (Decd.) N Pandya CLad Approved by order of the board of trusiees on l May 2024 and signed on its behalf by.. NMPandya-T Page 2
Inde endent Examiner's Re rt to the Trustees of Samanva 'a Parivar Leicester Independent examiner's report to the trustees of Samanvaya Parivar Leicester I report to the charity trustees on my examination of the accounts of Samanvaya Parivar Leicester (the Trust) for the year ended 31 March 2023. Resp(bnsibilities %nd basis ()f reDOrt As the charity tNstees of the Trust you ar¢ rL'sponsible for the preparation of the accounts in accordance wryth the requirements of the Charities Act 2011 Cthe Act,). I report in respect of my examination of the Trnst'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 Cornmission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my exarnination. I confirn] thal llo material matters have come to my attention in connection with the ¢xamination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust &s required by Section 130 of the Act- or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the forn] and content of. accounts set out in the Charities (Accountb and Reports) Rcgulation5 2008 otheT than any requiremenl that the acuounts givc a truc and fair view which is not a matter considered aq part of an independent examination. T have no concerns and have come a¢ro8s no other matters in connection with the examination to which attention should be drawi in this report in order to enable a proper understanding of the accounts to be reached. K G Soldnki K G Solanki & Co. Hamilton House 315 St Saviours Road Leicester Leicestershire LE5 4HG l May 2024 Page 3
SAMANVAYA PARIVAR LEICESTER Statement of Finaneial ActiTrities FOR THE YEAR ENDED 11 MARCH 2023 202.1 Total funds 2022 Total funds Unre5tticted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 21 JOI 21,301 10,619 Other trading activities Investment income 3.771 195 3,771 195 373 Total 25,267 25267 10,992 EXPENDITURE OPI Raisingy funds IOJ03 IOJ03 22,562 Charitable activities Charilable donations made 7,594 7,594 18,294 Other 6,442 6,442 302 Total 24J39 24,-139 41,158 NET INCOME/{EXPENDITURE) 928 928 (30.166) RECONCILIATION OF FUNDS Totsl funds brought forward 136J95 11,081 147,476 177.642 TOT AL FUNDS CARRIED FORWARD 137,323 11,081 148,404 147,476 Th¢ notes form part of these financial statem¢nts
SAMANVA YA PARIVAR LEICESTER Balance Sheet 31 MARCH 2023 2023 Total funds 2022 Total funds Unrestricted Restricted funds funds Notes FIXED ASSETS Tangible a55ets io 129,279 129,279 133.406 CURRENT ASSETS Cash at bank and in hand 8,044 11,082 19,126 14,070 CREDITORS Amounts Lalling due within on¢ year (i) (i) IYET CURRENT ASSETS 8.044 11,081 19,125 14,070 TOT AL ASSETS LESS CURRENT LIABILITIES 137J23 11,081 148,404 147,476 NET ASSETS 137J23 11,081 148,404 147.476 FUNDS Unrestricted funds RestTiefrd funds 12 137J23 11,081 136,395 11.081 TOTAL FUNDS 148,404 147,476 'rhe financiaI statements were approved by the Board of Trustees and authorised for issue on l May 2024 and were signed on its behalf by: N M Pandya - Trus R N Popat - Trustee Th¢ notes forn] part of these financial statements
SAMANVAYA PARIVAR LEICF.STER Notes to the Financial Statements FOR THE YEAR LNDED 31 MARCH 2023 ACCOUNTING POLICIES Basis of preparin% the financial statements I he tinancial sthi¢menis ot the charity, which is a public bcnctit entity under Tr"RS l U2, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charilies: Statement of Recommended Practice applicable to charities preparing their accounts in accorddnce with the Financial Reporting Standard applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ir¢land' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is re¢ognised in the Staternent of Financial Actii'ities once the charity has entitlement to the funds, it is probable thai the incom¢ will be received and the amount can be measured reliably. Expenditure Liabilities are iecognised as expenditure as soon as there is a legal or constrnctive obligation committing the charity to that expenditure, it is probable that a transfcr of cconomi¢ benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure ig accountcd for on an accruals basis and has been Classified undLr headings that aggregate all cosr related to the category. Wherc costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed a$$¢ts Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold propcty Fixtures and fittings 40/0 on cost IO% oncost Taxation The charity is exempt from tax on its charitable activiti¢s. Fund accounting Unr¢stricted fimds can be used in accordance with the charitable objectives at the discretion of the trustees. R¢stri¢ted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds Ive raised tor particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the finan¢iaI statements. Page 6 continued...
SAMANVAYA PARIVAR LEICESTER Notes to the Fingneial Statements- continued FOR THI YEAR ENDED 31 MARCH 2023 DONATIONS AND LEGACIES 2023 2022 Gifts Donations Gift aid (i) 21,302 7,820 2,799 21 JOI 10,619 OTHER TRADING ACTIVITIES 2023 2022 Religious activities 3,77] INVESTMENT INCOME 2023 2022 Deposit account interest 195 373 1i41SING FUNDS Investment management costs 2023 2022 Dcpreciation 3,757 3,757 Page 7 continued...
SAMANVAYA PARIVAR LEICESTER Notes to the Financial Statements- continued "OK I'HE YEAR ENDED 3 1 MARCH 2023 CHARITABLE ACTIVITIES COSTS Direct Costs Charitable donations made 7,594 SUPPORT COSTS Other 3 Raising donations and legacies 302 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. Trustees, ¢xpeDS¢S Th¢r¢ w¢re no trustce5' expenses paid for the year ended 31 March 2023 nor for ihe year ended 31 March 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 10,619 10,619 Investment income 373 373 Total 10,992 10,992 EXPENDITURE ON Raising funds 22,562 22.562 Charitable activities Charitabl¢ donalions made 18,294 18,294 Other 302 302 Total 41,158 41,158 NET IIYCOMEI(EXPENDITURE) (30,166) {30,166) Page 8 continued...
SAMANVAYA PARIVAR LEICESTER Notes to the Finaniial Statements- ithntinued FOR fHE YEAR ENDED 31 ,MARCH 2023 COMPARATIVES FOR THE ST ATEMENT OF FINANCIAL ACTIVITIES - conlinued Unrestricted Restri¢t¢d funds funds Total timds RECONCILIATION OF FUNDS Totaj funds brought forward 166,561 11.081 177,642 TOTAL FUNDS CARRIED FORWARD 136,395 11,081 147,476 10. TANGIBLE FIXED ASSETS Fixtures Fre¢hold property Gandhi Statue fittings Totalg COST At l April 2022 and 31 March 2023 181,921 19JOS 36,709 237,935 DEPRECIATION At l April 2022 Charge for year 82,102 3,638 17,620 119 4.807 370 104,529 4.127 At 31 March 2023 85.740 17,739 5,177 108,656 NET BOOK VALUE At 31 March 2023 96,181 1,566 31,532 129,279 At 31 March 2022 99,819 1,685 31,902 133,406 Page 9 continued.-.
SAMANVAY A PARIVAR LEICESTER Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARC.H 2023 CRF.DITORS: AMOiiNTS FALLIING DUE WITHIN ONE YEAR 2023 2022 "I rade crediiors 12. MOVEMENT IN FUNDS Net movement in funds At 3113123 Al 114122 Unrestricted funds General fund 136,-195 928 137J23 Restricted funds Building Repair fund 11,081 11,081 TOTAL FUNDS 147,476 928 148,404 Net movement in funds, included in the above are as follows: Incoming resour¢¢s R¢souTces Movem¢nt expcnded in funds Unrestricted funds General t.und 25,267 {24J39) 928 TOTAL FUNDS 25.267 (24,339) 928 Page 10 continued...
SAMANVAYA PARIVAR LEICESTER Notes to the Financial state¥t$- continued FOR THE YEAR ENDED 31 MARCH 2023 12. MOVEMENT IN FUNDS - CODtillued CompArsktive% for movement in funds Nel movement in funds At 3113122 At 114121 Ilnrestrieted funds General fund 166.561 (30.166) 136,395 R¢5tricted funds Building Repair Fund 11,081 11,081 TOTAL FUNDS 177,642 (30.166) 147,476 Comparative net movement in fid$, included in the above are as follows: Incoming Resources Movement iesources eXnded in funds Unrestricted funds General fund 10,992 (41,158) (30,166) TOTAL FUYDS 10,992 (41,158) (30,166) A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 3113123 At 114121 Unrestricted funds General fund 166,561 {29,238) 137,323 Restricted funds Building Repair Fund 11.081 11,081 TOTAL FUNDS 177,642 (29,238) 148.404 Pagell continued...
SAMANVAYA PARIVAR LEICESTER Not¢5 to the Finaneial Statements- continued FOR THF. YF.AR ENDED 31 MARCH 202_3 12. MOVEMELNT IN FUNDS- eontinu¢d current year 12 months and prior year 12 months combined net movement in funds, include(L in Ihe above are as tollows.. Incoming resources Resources Movement expended in funds Unrestricted funds General fund 36,259 (65,497) (29,238) TOTAL FUIYDS 36,259 (65.497) (29.238) 13. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023. Page 12
SAMANVAYA PARIVAR LEICESTER Detailed Statement of Financial Aetivitie.s FOR THE YLAR ENDED 31 MARCH 2023 2023 2022 INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Gift aid (i) 21,302 7,820 2,799 21,301 10,619 Other trading activities Religious activities 3,771 Investment income Deposit account interest 195 373 Total ineomlng resourees 25267 10,992 EXPENDITURE Raising donations and legacies Rates and waler Insuranc¢ Light and heat Repairs Depreciation of iangtble fixed assets 456 lJ64 3,894 160 370 1,521 1,301 1,963 13,650 370 6,244 18,805 InTr'estment management ¢0Sts Freehold property Fixtures and fittings 3,638 119 3,638 119 3,757 3,757 CharitabIe activitie5 Charitable donations made 7,594 18,294 This page do¢s not form part of the statutory financial statements Page 13
SAMANV AYA PAIUVAR LEICESTER Detailed Statement of Finaneial ActiTr'ities FOR THE YEAR ENDED 31 MARCH 2021 2023 2022 Charitable activities Other F'-estival expenses 6,442 Support eosts Other 3 Office costs 302 302 Total resources expended 24J39 41,158 Net incomel{expenditure) 928 (30.166) This page does not fom] part of the statutory financial statements Page 14
SAMANVAYA PARIVAR LEICESTER £onlOf the Financial Statements FOR THE YEAR ENDED 31 .MARCH 2023 Page Report of the Trustees Independent Examiner's Report Statemenl of Financial Activities Balance Sheet Notes to th¢ Finan¢i81 Stalements 6 to 12 Detailed Statement of Financial Activities 13 to 14