**REGISTERED CHARITY NUMBER: 1080619** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Shree Darji Gnati Mandal (S.D) Leicester Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB Shree Darji Gnati Mandal (S.D) Leicester Contents of the Financial Statements for the Year Ended 31 December 2024 |||Page|| |---|---|---|---| |Report of the Trustees|1|to|2| |Independent Examiner's Report||3|| |Statement of Financial Activities||4|| |Balance Sheet||5|| |Notes to the Financial Statements|6|to|10| |Detailed Statement of Financial Activities||11|| Shree Darji Gnati Mandal (S.D) Leicester Report of the Trustees for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a constitution adopted 15 March 1997 as amended on 13 November 1999 and 23 January 2000. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1080619 **Principal address** Vicarage Lane Belgrave Leicester LE4 5PD ## **Trustees** Kishorbhai Bhanabhai Tailor Babubhai Dahyabhai Ragha Jitendra Rameshbhai Tailor ## **Secretary / Acting Joint Chair** Rajesh Govindbhai Tailor ## **Treasurer / Acting Joint Chair** Arun Kantibhai Umratia ## **Other Committee Members** Anilbhai Chimanbhai Tailor Ashokbhai Karsandas Choonilal Beenaben Kapadia Bharatbhai Balwantrai Tailor Bharatbhai Natwerlal Jagjivan Champaben Arunbhai Umratia Chandrakant Balwantrai Tailor Dineshbhai Bhukhanbhai Bilimoria Induben Kishorbhai Tailor Kirubhai Nathu Kishorbhai Shantilal Tailor Mahesh Prabhudas Dalal Maheshbhai Maganbhai Tailor Minaxiben Rajendrabhai Tailor Rajnikant Amratbhai Tailor Ritaben Shushilkumar Darji Sunny Pradeepbhai Tailor Taraben Govindbhai Tailor Vinodbhai Purshottambhai Tailor ## **Independent Examiner** B M Kotecha Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB Page 1 Shree Darji Gnati Mandal (S.D) Leicester Report of the Trustees for the Year Ended 31 December 2024 Approved by order of the board of trustees on 21 October 2025 and signed on its behalf by: A K Umratia - Treasurer Page 2 Independent Examiner's Report to the Trustees of Shree Darji Gnati Mandal (S.D) Leicester ## **Independent examiner's report to the trustees of Shree Darji Gnati Mandal (S.D) Leicester** I report to the charity trustees on my examination of the accounts of Shree Darji Gnati Mandal (S.D) Leicester (the Trust) for the year ended 31 December 2024. ## **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 have no concerns and 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. B M Kotecha Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB 21 October 2025 Page 3 Shree Darji Gnati Mandal (S.D) Leicester Statement of Financial Activities for the Year Ended 31 December 2024 |||31.12.24|31.12.23| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||8,258|11,723| |**Charitable activities**|||| |Social Events Expense||2,006|2,725| |Other trading activities|2|18,496|14,481| |Investment income|3|17|13| |**Total**||28,777|28,942| |**EXPENDITURE ON**|||| |Raising funds||10,673|8,415| |**Charitable activities**|||| |Social Events Expense||1,258|3,687| |Mandir/Puja/Donations||1,305|542| |Other||500|360| |**Total**||13,736|13,004| |**NET INCOME**||15,041|15,938| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||254,698|238,760| |**TOTAL FUNDS CARRIED FORWARD**||269,739|254,698| The notes form part of these financial statements Page 4 Shree Darji Gnati Mandal (S.D) Leicester ## Balance Sheet 31 December 2024 |31.12.24
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
212,807
**CURRENT ASSETS**
Cash at bank and in hand
57,432
**CREDITORS**
Amounts falling due within one year
7
(500)
**NET CURRENT ASSETS**
56,932
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
269,739
**NET ASSETS**
269,739
**FUNDS**
8
Unrestricted funds
269,739
**TOTAL FUNDS**
269,739|31.12.23
Total
funds
£
205,007
50,050
(359)
49,691
254,698
254,698
254,698
254,698| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 21 October 2025 and were signed on its behalf by: A K Umratia - Treasurer R G Tailor - Secretary The notes form part of these financial statements Page 5 Shree Darji Gnati Mandal (S.D) Leicester Notes to the Financial Statements for the Year Ended 31 December 2024 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where 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 assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - not provided ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted 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 are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** ||31.12.24|31.12.23| |---|---|---| ||£|£| |Hall & LCC Car Park hire|18,496|14,481| continued... Page 6 Shree Darji Gnati Mandal (S.D) Leicester Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **3. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||31.12.24|31.12.23| ||£|£| |Interest Received|17|13| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|11,723| |**Charitable activities**|| |Social Events Expense|2,725| |Other trading activities|14,481| |Investment income|13| |**Total**|28,942| |**EXPENDITURE ON**|| |Raising funds|8,415| |**Charitable activities**|| |Social Events Expense|3,687| |Mandir/Puja/Donations|542| |Other|360| |**Total**|13,004| |**NET INCOME**|15,938| |**RECONCILIATION OF FUNDS**|| |Total funds brought forward|238,760| |**TOTAL FUNDS CARRIED FORWARD**|254,698| continued... Page 7 Shree Darji Gnati Mandal (S.D) Leicester Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **6. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2024
Additions
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**8.**
**MOVEMENT IN FUNDS**
At 1.1.24
£
**Unrestricted funds**
General fund
254,698
**TOTAL FUNDS**
254,698
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
28,777
**TOTAL FUNDS**
28,777|Freehold
property
£
205,007
7,800
212,807
212,807
205,007
31.12.24
31.12.23
£
£
-
-
500
360
500
360
Net
movement
At
in funds
31.12.24
£
£
15,041
269,739
15,041
269,739
Resources
Movement
expended
in funds
£
£
(13,736)
15,041
(13,736)
15,041| |---|---| continued... Page 8 Shree Darji Gnati Mandal (S.D) Leicester Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **8. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.23
£
238,760
238,760|Net
movement
in funds
£
15,938
15,938|At
31.12.23
£
254,698
254,698| |---|---|---|---| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|28,942|(13,004)|15,938| |**TOTAL FUNDS**|28,942|(13,004)|15,938| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.23
£
238,760
238,760|Net
movement
in funds
£
30,979
30,979|At
31.12.24
£
269,739
269,739| |---|---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|57,719|(26,740)|30,979| |**TOTAL FUNDS**|57,719|(26,740)|30,979| continued... Page 9 Shree Darji Gnati Mandal (S.D) Leicester Notes to the Financial Statements - continued for the Year Ended 31 December 2024 ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024. Page 10 Shree Darji Gnati Mandal (S.D) Leicester Detailed Statement of Financial Activities for the Year Ended 31 December 2024 |Detailed Statement of Financial Activities
for the Year Ended 31 December 2024||| |---|---|---| ||31.12.24|31.12.23| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Membership fees|2,729|3,839| |Donations|5,529|7,884| ||8,258|11,723| |**Other trading activities**||| |Hall & LCC Car Park hire|18,496|14,481| |**Investment income**||| |Interest Received|17|13| |**Charitable activities**||| |Social & Religious Events|2,006|2,725| |**Total incoming resources**|28,777|28,942| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Insurance|1,645|1,587| |Light and heat|3,840|3,060| |Telephone|92|65| |Cleaning|503|908| |Repairs and Maintenance|4,441|2,655| |Donations|152|140| ||10,673|8,415| |**Charitable activities**||| |Mandir/Puja/Donations|1,305|542| |Social & Religious Events|1,258|3,687| ||2,563|4,229| |**Other**||| |Legal & Professional fees|500|360| |Total resources expended|13,736|13,004| |**Net income**|15,041|15,938| This page does not form part of the statutory financial statements Page 11