REGISTERED CHARITY NUMBER: 1092679
Report of the Trustees and
Finantial Statements
for Éhe Year Ended 31 Mareh 2025
for
Shree SwgmiDar2yall Salsang

Shree Swaminarayan Satsang
Contents of the Financial Statements
for the year ended 31 March 2025
Page
Reference #nd AdministT*tive Detsits
Report of the Trustees
Report of the Independent Auditors
8 to 10
ststement of Financial Activities
Balallce Sheet
12 to 13
C#sh Flow Statement
14
Notes to tbe Cash Flow Statement
15
Notes to the Financial Statements
16 to 25

Shree Swaminarayan Satsang
Reference and Administrative Details
for the year ended 31 March 2025
I'RUSTEES
MrDDGami
Mr K R Patel
Mr L M Vekaria
Mr P M Vekaria
Mr P G Patel
Mr M M Vekaria
Mr J M Vekaria
TRUSTEES HOLDKNG TITLE TO
PROPERTY BELoNG￿G TO CHAKITY
MrDDGami
MrK R Patel
TRADtNG IIDDRESS
Dharn￿ Bhaktt Manor
Wood tAne
Slanmore
HA7 4LF
REGISTERED ADDRESS
81 St. Andrews Drive
Stanmore
Middlesex
HAI IBE
REGISTERED CHARITY NUMBER
1092679
AUDITORS
KNAV
Flygeia Building
66-68 Collcge Road
Harrow
Middlesex
HAI IBE
WEBISTE
https'.Ilstanmoretemple.com
Page I

Shree Swaminarayan Satsang
Report of tbe Trustees
for the year ended 31 Mareh 2025
The Trustees present their retKIrt and financial statements of Shree SwaminarayaT] Satsang (S.S.S) "the Charity" for the
year ¢nded 31 March 20245
The financial statements have been prepaTed in acwrdance wilh the accounting policies set out in the notes to the financial
statements and comply with the charity's current statutory requirements, the Charities Act 2011 and "Accounting and
Reporting by Charities: Stalenient of Recommended Prdctice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended
lor accounting periods wmmencing from l January 2016}
OBJECTIVES AND ACTIVTfiES
Objectives and gctivities
In accordance with the charity's objectives set out in the Co￿￿titUtion of the charity. the charity has the following aims.
l. To advance the Sanatsn Dhanna (Hindu religion) in accordance with teachings and principles of the Shree
Swaminarayan. founded and ordained by Lord Shree Shhajanand Swami.
2. The Charity's main objective for the year wntinues to be that of providing a spiritual place of worship for devotees and
the wider community, to practice and adhere to the Swaminarayan (Hindu) faith. to observe all the regular festtvals and
cultural activities coupled with a place to extend voluntary service (seva).
3. The strategy to achieve these objectives include the PTovision of a safe place of worship. including separate Temple
halls for IK)th males and female5, substantial open grounds. halls and buildings and recreational facililie5 for all ages to
participate in. integrate as a community and to instill humble, moral, peaceful and religious values. Each year, the trustees
review our objectives to ensure that they continue to reflect OUT aims and in planning its activitie5 for the year.
Page I

Shree Swaminarayan SaÉsang
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Public benefit statement
The charity is a public benefit entity.
The trustees have complied with the duty in section 4 of the 2011 Charities Act to have due regaTd to guidance published
by the Charity Commission, including public benefit guidance. The charity has achieved its primary public benefit
objectives by continuing to meet the spiritual requirements of the congregation and the wider community. This was
achieved by holding all daily aarti, thaals, poojans, katha and Nitya Niyams coupled with celebrating with grand fashion
all key festivals. The Temple has continued to an increase in the number of people coming for darshan and at key festivals
and therefore remains an attractive place for those wanting to follow the faith of Lord Swatninarayan.
The congregation welfare needs were also met with the various programs and activities.
Our Samprady
BhagwaT] Shree Swaminhrayan was born in the Koshal region of Indi4 in a village called Chhapaiya (near Ayodhya. UP).
Having served HAS parents until their demise. the Almighty took to a pilgrimage of India. adopting the life of a nomadic
herniit.
On completion of the 7 years, sojourn of LDdi4 the Lord met up with Ramanand Swami. and estsblished the purest and
unadulterated forni of religion, based on ultimate devotion to God only, with total observance of non-violent dhanna.
Shreeji Maharaj re-introduced the non-violent yagnas. on a grand scale. He instructed numerous acts of social welfare-
alms-houses, digging of village wells / lakes. explained in detsil why it is important to worship Satvic deities. Shreeji
Maharaj discredited the act of enforced Sati & female infanticide.
After the passing of Shree Ramanand Swami. Shreeji Mahardj held a large gathering of the followers at the town of
Faneni. It was during this sabhL whilst explaining that God is one. He is Narayan, He is our Swxmi, Shreeji Maharaj
introduced Ihe father of all Mantras,, Swaminarayan. The name refets wholly & solely to Bhagwan Purushottam Narayan
(Shret Swaminarayan Bhagwan).
He established temples at- Ahmedabad, Bhuj. Muli, Vadtal. Junagadh. Dholerffj Dholka, Gadhpur & Jetalpur installing
images of various manifestations of God, such as Nar Narayan Dev, Laxmi Narayan Dev, Radha Krishn4 Radha Raman,
Revti Baldevjffi, etc. Shreeji Maharaj made Gadhpur His home. An recognition of the exceptional devoted love from Dada
Khachar.
In Vadtal. on Prabodhini Ekadashi of Vikram Samvat l 882. after due deliberation Shreeji Maharaj adopted His nephews
Ayodhyaprasadjl Pande and Raghuveerji Pande as His sons. Establishing the two Gadis i.e. NarNarayhn Dev Gadi at
Ahmedabad and LaxmiNarayan Dev Gadi at Vadtsl. Shreeji Maharaj inst￿Cted the two brothers to draw lots. to decide
who would be seated on which Gadi. Shreeji Maharaj then instructed all the followers present to do poojan of their
respective Acharyas. Ayodhyaprasadji Mhharaj) was appointed the inaugural Acharya of the NarNarayan Dev Gadi {also
known as the Uttar Vibhag - Northern division). whilst Raghuveerli Maharaj became the inaugural Acharya of the
LaxmiNarayan Dev Gadi (also known as the Dakshin Vibhag - Southern division.
This legal document (known as Desh VTbhagno Lekh). which is effedively the constitLrtion of the Swaminarayan religion
which he dictated and got written by Shukanand Swami. Learned saints and elder satsangis wilDessed this document.
Copies were presented to Ayodhyaprasadji Maharaj & Raghuveerii Maharaj -these are currently in the possession of
the current Acharya5.
Shreeji Maharaj appointed Shree Raghuveerii Maharaj to the Laxmi Narayan Dev Gadi at Vadtal,and Shree
Ayodhyaprasadji Maharaj to the Nar Nardyan Dev Gadi at Ahmedabad. Presently. HH AGharya Maharajshri
Rakeshprasadji Maharaj adorns the illustrious seat of Laxmi Narayan Dev Gadi, whi15t HH Acharya Mahai'ajshri
Koshlendraprasadji Maharaj has spread the glory of God as Acharya & leader of the Nar Narayan Dev Gadi at
Ahmedabad. It is the uniqueness of the authentic bonafide Swaminarayan Sampraday. that the Glosest a tyagi (saint)
comes to leadership is being appointed the Mahant Swami (head-saint) of a Shikharbandh Temple. At all times, the t￿e
saints of the Sampraday tske their knstructions from the Acharya. their ultimate Guru & leader.
Page 3

Shree Swaminarayan Satsang
Report of the Trustees
for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
The Acharya of Éh¢ NarNarayan Dev Qadi at Ahrnedabad is presently His Holiness Acharya Shri Koshlendraprasadji
Maharaj.
The method by which future Acharyas are to be Appointed is enshrined in the document known as Desh Vibhag No Lekh.
It ts not only a legal docuTnent and also ¢ff¢¢tively the constitution of the Swaminarayan religion that has stood the test
of times since its existence, it is an instruction primarily to the Acharyas. Santos bul with specific instructions for the
ordinary followers also.
It is a widely Accepted fact that the Swaminarayan sampraday has a unique heritage of leadership that strelches back to
the Lord Almighty Purushottam Narayan Hffimself-Bhagwan Shree Swaminarayan.
As a final note the passage below encapsulates our duty from this day forward:
"You two, who hold the Gadis. have been appointed spiritual preceptors. hence all Sadhus. Brahmacharis and Palas and
all our followers shall always remain obedient to your commands, and shall serve you.
Should any person of a sect (beliefj other than that of the two ruling spiritual preceptors of the line of Dhamiadev be pre-
eminent for his knowledge of the Shashtras or for his practice of Yoga or asceticism or for self renunciation, or for any
other virtue, and if thereby the two ruling preceptors of the line of Dharnladev be lowered in estimation, nevertheless we
command all Sadhus and Brahmacharis and Palas and all our followers, that in order to the salvation of their souls, Éhey
always and for ever hoDour the two ruling spiritual preceptors of the line of Dharniadev, and obey them in thought. word
and d¢ed.
Should one. failing this, seek refuge in another and honour him, his soul shall never have happiness in this world or in the
world to come but shall suffer extreme pains.
(Desh Vibhaag Lekh. paragraph 10)
The Shikshapatr& was written by Bhagwan Shree Swaminarayan's awn blissful hand on Vasant Panchmi day of Vikram
Samvai 1882, this is a b￿klet of 212 Shlokas. Shreeji Maharaj sat in the Hari Mandap-His residence at Vadtal Temple
-and wrote it in Sanskrit. He instructed the pandit Saint Nityanand Swami to translate it into Gujarati.
To the followers of the Swaminarayan Sampraday, who love and adore their Ishtadev, these are words of divine guidance
an how to Itve a moral and peaceful life. The Shikshapatri comprises the essence of all the scriptures of Sanatan Dhami
so Swaminarayan followers read it daily. Il contains general guidance and specific instructions to a variety of categories
of followers -the Atharyas & their wives, householder males and females. widows, saints and brahmacharies.
At the age of 49 years. Shreeji Mahardj left His physical body at Gadhpur, promising to remain within the sWamin￿'aYan
Sampraday in:
l. the images He installed (and the Acharyas succeeding Him as per the Desh Vibhagno Lakh)
2. the Acharyas installed by Him (and those in direct succession)
3. the saints He initiated (and those initiated by succeeding Achary&s)
4. the scriptures, such as Shikshapatri, Satsangi Jeevan. Satsangi Bhushan. etc (and those authorised by succeeding
Acharyas)
Volunteers
The Charity relies on the selfless help and assistance of the volunteers.The charity would not have been able to assist
others without the selfless act of its volunteers.
Page 4

Shree Swaminarayan Satsang
Report of the Trustees
for the year ellded 31 March 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
l. The Temple has seen an increasing turnout for all major festivals like Holi. Ramnavmi, Diwali, Janmastmi, Navratii-
Dusshera and Patotsav since the end of the covid pandemic.
2. Yuvak and YuvatTr Tnandal classes operate each FrÉday and help organise all Youth engageTnent activities, which
Irsumed after the pandeTnic.
3, The Temple website and social networking sites are continually updated with features such as photos and videos from
past event5 and announcements for the future events.
4. Community, Health and Well-being seminars are being held on a regular basis to raise awarene55 on key issues such
Dementia, Cancer and others, these started to resolve slowly after the pandemic.
5. Intemationxl Sewa Day is held to allow devotees to continue with selfless service to the enviromnent.
In common with all Charities, the Charity is heavily reliant on the continuing contribution and support of its unpaid
volunteers who have assisted with the day to day operation of the Temple. The Trustees thank all of our volunteers for
the hard work put in during the year. in all aspects including Prashad preparation. various educational activities, library,
leaning and organization of various events.
Criteria to measure suc¢
The Charity measures it success in ternis of numbers attending and participating in ihe many activities and festivals. It
continues to promote greater attendance and the increase in the education of those Goming to the temple. The numbers of
people attending at the Diwali festivals hre usually approximately 10,000 a year.
Going eoncern
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going
concem, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting. The
Trustees believe that there are no going concern matters that would affect the Charity for the foreseeable future.
The Board believes that adopting the going concem basis in preparing the financial statements is appropriate for the
charity. There are no other significant risks that are required to be reported for the financial year ending 2025.
Reserves Policy
It is the policy of the charity that unrestricted funds which have not been desI￿ated for a specific use should be maintsined
al a level equivalent to betweeT] three and six month's expenditure. The Trnstees considers that reserves at this level will
ensure that, in the event of a significant dTOP in funding. they will be able to continue the charity's current activities while
consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained
throughout the year.
Availability and adequacy of assets of each of the funds
The Board of Trustees are satisfied with the perfonnance of the Charity during the year and consider that the Charity is
in a position to Continue its activities during the coming year, and that the charity's assets in each fund are adequhte to
fulfil its obligations. The ChaTity continues to prosper through increasing donations and Trs in a strong financial position
to meeting all foreseeable charitable obligations, particularly as the initial funding bank loan has now been repaid.
Page 5

Shree Swaminarayan Satsang
Report of the Trustees
for the year ended 31 March 2025
FINANCIAL REVIEW
Financial review
Statement of Financial Activities show net income for the year of review of £451.367 (2024: net income of £619,844).
The total funds al the year-end stand at £10,528.9411 (2024= £10.077.574) of which £52,026 (2024.- £44,301) are held as
restricted fi]nds for Bhuj Temple and Nepal earthquake. Boih incoming resources 3nd expenditure have been largely
consistenl year on yexr.
During the year the charity entered into a social investment in the forni of an interest-free, unsecured loan of £560,000
advanced to a sister charity- The loan has no fixed repayment temi. Such transactions are initially recognised and
measured at the amount advanced and is adjusted in subsequent periods to reflect any repayments received. A pi'ovision
s made for any unrecoverable amounts. The social investment is considered to meet the objectives of the chhrity as it
provides a spiritual place of worship for devotees and the wider community. to practice and adhere to the Swaminardyan
(Hindu) faith.
Principal funding
The principal funding sources for the Charity continue to be through general donations from the congregation and wider
community for religious activities and festivals including Darshan, Thaal/Bhet and festival related income such as Holi,
Diwali, Patotsav, Ramnavmi. Janmashtami and halls usage contrtbution from various relgious and cultural activities. The
charity now also has rental income from two inve5tm¢nt properti
Global ]Yetivork of Temples
The Charity is one of a large number of Temples which come under the Nar Narayan Dev Diosese based in Ahmedabad,
Indta. The Charity is also involved in other Temples under this Diocese.
FUTURE DEVELOPMENTS
The Charity, trustees and volunteers have worked hard to increase the number of attendees of the Temple by increasing
the number of religious, education and cultural activities. As result of this hard work 3nd improved financial positioning.
the trustees are discussing future building use options and various development options to increase facilities on STte to
contiT)ue to further the Charity's objectives.
Risk Managemellt
The trustees identify the major risks to which the Charity is exposed to each financial year when preparing and updating
a strategic plan, in particular. those areas related to the operations and finances of the Charity. The Trustees then review
any major risks which have been identified and establish systems to mitigate those risks. The Tnjstees continue to put in
place appropriate internal controls and monitoring procedures to minimize financial risks.
The Board recognizes that risks exist from a social. economic and legislative aspects of the economy, but believe that
these are mitigated with the help and assistance from our volunteers and the community at large. The increase in the
attendance at major festivals is testsment to this outside of the pandemic period.
The Trustees have assessed the major risks to which the charity is exposed and are satisfjed thht systems are in place to
mltigate exposure to the major risks.
STRUCTURE. GOVERNANCE AND MANACEMENr
Governing document
The charity is controlled by its governing documenL a deed of trust and constitutes an unincorporated charity.
Management & Method of Appointment of Trustees
The Board of trustees hold regular meetings to administer and manage the charity and make decisions at such meetings.
Other ad-hoc decisions are taken by the b￿SleeS with executive positions. The Board of trustees have the power to elect
new truslees. Every 6 years. the 3 eldest Trustees shall voluntarily resign. and the remaining trustees will select new
Trustees, though the voluntarily resigned trustees are eligible for reselection. New Trustees need to have Served in the
advisory committee for minimum of 6 years.
Page 6

Shree Swaminarayan Satsang
Report of the Trustees
for the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and tr3illing of llew trustees
As part of their induction program, new trustees are made aware of their responsibilities and this includes an introduction
to the objective5, scope and policies of ihe Charity, the Charity Commission guidance on Tw5tee responsibilities and a
copy of the Constitution. Additional trnining is available to keep up with all new regulations concerning the Charity's
activities and objectives.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law and Unffited Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the Irustees have
elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice
(United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unles5 they are satisfied that they give a true and
fair view of the state of affairs of the charity and of ihe incoming r&sources and application of resources, including the
income and expenditure, of the charlty for that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently.
observe the methods and principles the Charities SORP-
make judgements and estlmates that are reasonable and pruden¢
state whether applicable accounting standards have been followed, subjert to any material departures disclosed and
explained in the financial statements.
prepare the financial statements on the going concern basis unle&s it is inappropriate to presume that the charity will
continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities
Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets
of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other iiyegularities.
Approved by order of the board of trustees o
. and signed on its behalf by:
Mr K R Patel - Trustee
Page 7

Report of the Illdepemdent Auditors to the TrusteLs of
Shree Swaminarayan Satsang
Opinion
We have audited the financial slatements of Shree Swaminarayan Satsang (the'charity,) for the year ended 31 March 2025
which comprise the Statement of Financial Activities, the Balance SheeL the Cash Flow Statement and notes to the
financial statements, including a summary of significant accounting policies. The financial reporting framework ihat has
been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Prdctice).
In our opinion the financial statements=
give a true and fair view of the slate of the charity's affairs as at 31 March 2025 and of its incoming resources and
application of resources, for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinio
We conducted our audit in awordance with International Stsndards on Auditing (UK) (ISA5 (UK)) and applicable law.
Our responsibiltties under those standard5 are further described in the Auditors, responsibilities for the audit of the
financial statements section of our report. We are independent of the charity in accordance with the cthical requirements
thht are relevant to our audit of the financial sÉatements in the UK including the FRC'S Ethical Standard. and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we
have obtained 15 sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the I￿Ste¢s, use of the going concern basis of accounting in
the preparation of the financial statements is appropriate.
Based on the work we have perfomied. we have not identified any material uncertaintie5 relating to events or conditions
that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concem for a
period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trnsttts with respect to going concern are described in the relevant
sections of this report.
Other information
The trustees are responsible for the oiher information. The other information comprises the infomiation included in the
Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
OUY opinion on the financial statements does not cover the other infonnation and, except to the extent otherwise explicitly
stated in our report. we do not express any forni of assurance conclusion ther¢on.
In connection with our audit of the financial statements. our responsibility is to r¢ad the other information and, in doing
so. consider whether the oiher inforniation is materially inwnsistent with the financial ststements or our knowledge
obtained in the audit or othenvise appears to be materially misstated. If we identify such material inconsistencies or
apparent materi21 misstatements, we are required to deterniine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed. we conclude that there is a material
misstatement of this other infonnation. we are required to rq)ort ihat fact. We have nothing to report in this regard.
Matters on whieh we are required to report by exeeptio
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if. in our opinion:
the information given in the Report of the Trustees is inconsistent in any material respect with the financial stalements.
or
sufficient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records and returns- or
we have not Teceived all the inforniation and explanations we require for our audit.
Page 8

Report of the Independent Auditors to the Trustees of
Shree Swaminarayan Satsang
Responsibilities of trustees
As explained more fully in the Statement of Trustee5' Responsibilities, the t￿SteeS are responsible for the preparation of
the financial statements which give a ttve and fair view. and for such internal control as the t￿￿teeS determine is necessary
to enable the preparation of financial stalements that are free from material misstatement, whether due to fraud OT error.
In preparing the financial slalements, the trustees are responsible for assessing the charity's ability to eontinue as a going
concern, disclosing. as applicable, matters related to going concern and ustng the going concern basis of accounting unless
the trustees either intend to liquidate the charity or to cease op¢rdtions or have no realistic alternative but to do so.
Our responsibilities for the audit of the finantial st¥tements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act
and relevant regulktions made or having effect thereunder.
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee ihat an audit conducted in accordance with ISAS
{UK) will always detect a material misslatement when it exists. Misstatements can arise from fraud or error and are
considered material if. individually or in the aggregate. they could Teasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below:
We design our procedures so as to obtain suificient appropriate audit evidence that the financial statements are not
materially misstated due to non-compliance with laws and regulations or due to fraud or emr.
W¢ are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and
regulations - this responsibility lies with management with the oversight of the Trustees.
Based on our understanding of the Charity. diS￿￿s1OnS with management, we identified the Charitie5 Act and Financial
Reporting Standard 102 as having 2 direct effect on the amounts and disclosures in the financial statements.
As part of the engagement team discussion al)out how and where the Charity's financial statements may be materially
misstated due to fraud. we did not identify any areas with an increased risk of frdud.
Our audit procedures included:
enquiry of management about the Charity's polictes, procedures and related controls regarding compliance with laws
Mnd regulations and if there are any known instances of nOn￿OMpliance.
examining supporting documents for all material balances, transactions and disclosures.
review of the trustee minutes.
enquiry of management and review and inspection of relevant correspondence with any legal fimis.
evaluation of the selection and application of accounting policies related to subjective measurements And Complex
transactions.
analytical procedures to identify any unusual or unexpecied relationships.
- testing the appropriateness ofjournal entries recorded in the general ledger and other adjusknents made in the preparation
of the financial statements-
review of accounting estimates for biases.
Owing to the inherent limitations ofan audiL there is an unavoidable risk that some material misstatements of the financial
statements may not be detected. even though the audit is properly plaI￿ed and perfornied in accordance with the ISAS
(UK).
The potential effe¢ts of inherent limitations are particularly significant in the case of misstatement resulting from fraud
because fraud may involve sophisticated and carefully organized schemes designed to conceal it, including deliberate
failure to record transactions. Collusion or intentional misrepresentations being tnade to us.
A fvrther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsresponsibilities. This description fonns part of our Report ofthe Independent
Auditors.
Page 9

Report of tbe Independent Auditors to the Trustees of
Sbree Swaminarayan Satsang
Use of our report
This report is made solely to the charity's tn￿ttt￿ as a body. in accordance with Part 4 of thc Charities {Aceounts and
Reports) Regulations 2008. Our audit ivork h&s been undertaken so that we might state to the charity's trustees those
tnattcr5 we are required to state to them in an audilor5' report and for no other PUTpose. To the fullest ¢xtenl pcrmittcd by
law, we do not accrpt or assume responsibiliry to anyonc other than the charity and thc charity's trustees as a body, for
our audit work, for this report. or for the opinions we have formed.
krdh/
Amanjit Singh FCA, Senior Siatuiory Auditor
For and on behalf of KNAV Limited. Statutory Auditor
Hyg¢ia Building
66-68 Colleg¢ Road
Harrow
Middlesex
HAI IBE
Date..
2026-13-UK
5"...MaKh.
Page 10

Shree Swaminarayan Satsang
Statement of Financial Activities
for the year ended 31 March 2025
31.3.25
Tot81
fundg
31.3.24
Tolal
funds
Unrestricted
funds
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
341,442
27,725
369,167
405.033
Charitable activities
Charitable Activities
601,737
601,737
617,310
Investment income
163.S08
141.749
Total
1,106.687
J,134,412
1,164,092
EXPENDITURE ON
Charitable activities
Charitable Activities
5,6,7
578,045
598,045
589 248
Net gain￿(lOsses) on investments
85,IKIO)
85,000
45,000
NET INCOME
443,642
7,725
451,367
619,844
RECONCILIATION OF FUNDS
Total funds brought forward
10,033373
44JOi
10,077,574
9,457,730
TOTAL FUNDS CARRIED FORWARD
10,476,915
52,026
10,528,941
10,077 574
CoN￿NUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes forni part of these financial statements
Pagell

Shree Swaminarayan Satsang
Balance Sheet
31 March 2025
31.3.25
Totjl
funds
31.3.24
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
Heritage assets
Investment property
10
4.163,278
87,929
1.650,000
4,163,278
87,929
1,650,000
4,243,828
82,829
1,735,000
12
5,901,207
5,901,207
6,061,657
CURRENT ASSETS
Debtors
Social investments
Cash at bank and in hand
13
14
15
9A998
560,000
4,077.243
96,998
560,000
4,129,269
89,584
026
4 054.768
4,734241
52,026
4,786,267
4,144,352
CREDITORS
Amounts falling due within one year
16
(151J83)
(151383)
(128,435)
NET CURRENf ASSETS
458
858
52,026
4.634,884
4.015,917
TOTAL ASSETS LESS CURRENT
LIABILITIES
10,484,065
52,026
10,536,091
10,077,574
CREDITORS
Amounts falling due after more than one year
17
(7.150)
(7,150)
NET ASSETS
10,476,915
52,026
10,528,941
10.077,574
The notes fomi part of these fmanctal statements
Page 12
continued...

Shree Swaminarayan Satsang
Balance Sheet- continued
31 March 2025
FUNDS
19
Unresti'icted fi]nds'.
General fund
Revaluation reserve
9,63&420
838,495
9,096,749
936,524
10,476,915
10,033,273
Restricted fund5:
General fund restricted
S2,026
44,301
TOTAL FUNDS
10,528,941
10,077,574
The financial statements were approved by the Board of Trustees and authorised for issue on ......... ...................
d were signed on its behalf by..
J, (JoLfS-W.
Mr L M Vekaria - Trustee
Ic. A,Prt*¢4,
Mr K R Patel - Trustee
The notes forni part of these financial statements
Page 13

Shree Swaminarayan Satsang
Cash Flow Statement
for the year ended 31 March 2025
31.3.25
31.3.24
Notes
Cash llows from operating aetivities
Cash generated from operations
40,037
583,711
Net cash provided by operating activities
40,037
583,711
Cash flows from investing aetivities
Purchase of tangible fixed assets
Interest received
(37,644)
77,108
{25,244)
56,284
Net cash provided by investing activities
39,464
31,040
Cash flows from finaDcing activities
Loan repayments in year
5,000
Net cash (used inyprovided by financing activities
5,0110
Ch¥nge in cash and cash equivaleDts i
the reporting period
Cash and cash equivalents at the
begilllllllg of the reporting period
74,501
614,751
4.054.768
3,440.017
Cash cash equivalents at the ¢lld of
the reporting period
4.129 269
4,054,768
The notes fonD Part of these financial statements
Page 14

Shree Swaminarayan Satsang
Notes to the Cash Flow Statement
for the year ended 31 March 2025
RECONCILIATION OF NET INCOME TO NET CASH FtA)W FROM OPERATING
AcfIviTIES
31.3.25
31.3.24
Net income for the reporting period {as per the Stxtement of Fingneial
Actsvities)
Adju5tmellts for:
Depreciation charges
Losses/{gain) on investments
Interest received
Non-cash donations received
Increase in social investments
Increase in debtors
Increase/(d¢cTease) in creditOFS
451J67
619,844
118,194
85,000
(77,108)
{5,100)
(560,000)
(7,414)
116,584
(45,000)
(56,284}
(22,430)
(20,535)
8.468
Net Cgsh provided by operations
40,037
583,711
ANAL YSIS OF CHANGES IN NET FUNDS
Movement
in the period
At 1.4.24
At 31.3.25
Net cash
Cash at bank and in hand
4,054.768
4,J29 269
4,054.768
74,501
4.129.269
Liquid resources
Deposits included in cash
Current asset investments
560,000
560 000
560,(HIO
Debt
Debts falling due within l year
s,000
s,000
Total
4,049,768
639,501
4,689,269
The notes form part of these financial statements
Page 15

Shree Swaminarayan Satsang
Notes to the Financial Statements
for the year ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial staÉemenls of the charity. whtch 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 appl&cable to charities preparing their accounts in accordance with the Finan¢ial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l 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 historic31 eost convention.
Recognition is initialty at historic costl transaction value unless stated in the accounting policies.
The financial ststements are prepared in sterling. which is the functional currency of the entity.
Ineoming resourees
Income is recognised when the charity has entitlement to funds, any perforniance conditions attached to the item{s)
of income have been meL it is probable that the income will be will be received and the amount can be measured
reliably.
Cash donations are recognised on receipt. Other donations and grants are recognised when receivable. In the event
that a donation is subject lo ￿l[lIling perfomiance conditions before the chastity is entitled to the funds, the income
is deferred and not recognised until it is probable that those conditions will be ￿lfilled in the reporting period.
Income from Gift Aid tax claims is recognised where the donor has confirnied that gtft aid can be claimed on their
donation. Any amounts of Gift Aid received in the year by the year-end are accounted for in income and accrued
income in debtors.
For legacies, entitlement is taken on a case by case basis as the earlier of the date on which- the charity is aware
that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to
the charity that a distribution will be made. or when a distribution is received from the estate. Receipt of a legacy,
in whole or in part, is only considered probable when the amount can be measured reliably ind the charity has
been notified of the executovs intention to make 8 distribution.
Income from religious services. relates to hiring of some parts of the charity's premises and is recognised once the
hall hire has taken place.
Rental income is recognised in a straight line over the le￿.
Interest on ￿ndS held on dep)sit is Included when receivable and the amount can be measured reliably by the
charity- thi5 is nornlally upon notification of the interest paid or payable by the bank.
Expenditure
Expenditure As recognised once there is a legal or constTUCtive obligalion lo make a payment to a third party. it
is probable that settlement will be required; and the amount of the obligation can be measured reliably. Where
costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent
with the use of resources. Expenditure on charitable activities includes the costs of delivering services and other
activities undertaken to further the purposes of the charity and their associated support cosls.
Irrecoverdble VAT is charged as a cost against the activity for which the expenditure was incurred.
Page 16
continued.

Shree Swaminaray2n Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
ACCOUNTING POLICIES - continued
Tallgible fixed assets
Txngible assets are initially recorded at cos¢ and subsequently stated at cost less any accumulated depreciation
and impairnient losses.
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated usethl
life.
Freehold property
Fixtures and fittin8S
2/0 on cost
- 2￿/0 on reducing balance
Heritage assets
Heritage assets comprise of Idols of deities and the jewellery adorning them, which are displayed in the temple
and accessible to visitors daily. These items are designed in accordance with traditional artislic styles that have
been used in temples for centuries, reflecting the Indian religious and cultural heritage passed down through
generations.
Heritage assets are recorded at cost when acquired, whether by purchase or donation. In line with FRS102, the
as5et5 are not depreciated, as they are considered to have indefinite useful lives and their residual value is unlikely
to be less than their Carrying amount. The trustees wnsider that any diminution in value is not material.
Acquisitioll* preservation, management and disposgl of heritage assets
The charity maintains a register for its Heritage assets whieh is available for public inspection. Heritage assets are
held and maintained in order to preserve their historic and cultural significance. Appropriate medsures are taken
to ensure their ongoing protection and preservation. The charity does not normally dispose off heritage assets.
should a disposal occur, the proceed5 would be applied in accordance with the charity's objectives, typically
towards the a￿ulSItion or preservation of other heritage assets.
Investment property
Investment property. which is property held to earn rentals andlor for capital appreciation. is initially recognised
at cost, which includes the purchase cost and any directly attributsble expenditure. Subsequently it is measured at
fair value at the reporting end date. The su￿￿u$ or deficit on revaluation is rec4)gnised in the statement of financial
activities.
Charitable funds
Unrestricted funds are available foT us¢ at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The PUTposes and uses
of the restrided funds are s¢t out in the notes to the financial statements.
Endowment funds are subject to specilic conditions by donors that the capitsl must be maintained by the charity.
Goillg concern
In preparing the financial statementy the trustees are responsible for assessing the charity's ability to continue as
a going concern, disclosing, as appltcable, matters related to going concern and using the going concern basis of
Xccounling. The Trustees believe that there are no going concern matters that would affect the Charity for the
foreseeable future
Page 17
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
ACCOUNTING POLICIES - continued
FinADcial instruments
The charity only has financial assets aTJd financial liabtlities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised al transaction value and subsequently measured at their
settlement value . Creditors and provisions are recognised where the charity has a present obligation resuliing
from a past event that will probably result in the transfer of funds to a third party, and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally Tecognised at their
settlement Amount after allowing for any trade discounts due.
Pensions and other post retirement oblig8tiolls
The charity operates a defEned Contribution pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further
contributions even if the fund does not hold sufficient a55ets to pay all employees the benefits relating to employee
service in the cuffent and prior periods.
Contributions to defined contrlbution plans are reeognised in the Statetnent of Financial Activities when they are
due. If contribution paylnents exceed the contribution due for service. the excess is reGognised as a prepayment.
Social investmellts
Loans advanced in furtherance of the charity's charitable objectives are initially recognised and memsured at the
amount advanced. The carrying amount is adjusted in subsequent periods to reflect ttny repayments received. and
a provision is made for any estimated irrecoverable amounts.
The carrying value of the loan is reviewed at each reportiTJg date, and impairn]ent provisions are recognised where
there is objective evidence that amounts may not be recoverdble. Any impairment losses are recognised in the
ststement of Financial Activities in the year in which they arise. Trustees assess rewverability based on available
information. including the financlal posilion of the IK)rrower and the expected outcomes of the charitable activity
supported.
DONATIONS AND LEGACIES
31.3.25
Tot81
31.3.24
Total
funds
Unrestricted
funds
Restricted
funds
Donations and gifts
341,442
369,167
405,033
INCOME FROM CHARITABLE ACflVITIES
31.3.25
31.3.24
Activity
Charitsble activities
Religious services
601,737
617,310
Page 18
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
INVESTMENT INCOME
31J.25
Total
funds
31.3.24
Total
funds
Unrestricted
funds
Restricted
nds
Rentsl income on investTnent PToperty
Other interest receivable
Solar rebat¢
86,400
77.108
86,400
77,108
84,258
56,284
1,207
163,508
163,508
141,749
CHARITABLE A￿[v￿rIEs COSTS
Direct
Costs (see
note 6)
Support
costs {s¢e
note 7)
Totals
Charitable activities
510,805
87,240
598,045
DIRECT COSTS OF CHAIUTABLE ACftVITtES
31.3.25
31.3.24
Unrestricted
funds
Restricted
funds Total fi]nds
Total funds
Staff costs
Rates & water
Light and heat
Poslage and stationery
Adverltsing
Sundries
Premise5, repairs & renewals
Festivals & raasan
Molor & travel
Bank charges
Charitable donalions
Health & safety
Staff training and welf￿￿
Catering
Depreciation
114,062
7,024
42,695
13,611
2,052
5J42
38,017
134,481
114,062
7,024
42,695
13.611
2,052
5,342
38,017
134,481
7,550
4,179
20,000
2224
1,006
368
118,194
98,238
19,980
39,517
25,450
350
22,689
73,664
128,600
6,460
1.564
4,179
20,000
2224
1,006
368
118,194
2,067
1,598
1,800
116,584
490,805
20,000
510,805
5311,561
SUPPORT COSTS
Governance
costs
Other
Totals
Charitable Activities
66J40
20,900
87,240
Pag¢ 19
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
SUPPORT COSTS- eontillued
Support COS￿ included in the above, are as follows:
Other
31.3.25
31.3.24
Unrestricted
fiJnd5 Restricted funds Total funds
Total fullds
Insurdnce
Telephone
Computer softwaff matntenance
Leg81 & professional fecs
24,010
9,687
10,665
24,010
9,687
10,665
21,796
8,657
711
12.023
43,187
66J40
66,340
Goverllanee costs
31.3.25
Charitable
Activities
31.3.24
Total
activities
Auditors, remuneration
Accountancy fees
12JOO
8,600
5,000
2,500
20,900
7,500
TRUSTEES, REMUNERATION A]W BENEFrrs
There were no trustees, remunerdtion or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trnstees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
31.3.25
31.3.24
Wages and Salaries
Social security costs
Other pension costs
106,733
2,575
4,754
94.868
1.606
114,062
98,238
The average monthly number of employees during the year was as follows..
31.3.25
31.3.24
No employees received emoluments in excess of £60.000.
Page 20
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
io.
TANGIBLE FtXED ASSETS
Fixtures
and
rittings
Freehold
property
Totals
COST
At l April 2024
Additions
5.000,000
672,178
37,644
5,672,178
37,644
At 31 Ma￿h 2025
S,OIKI,000
709.822
5 709,822
DEPRECIATION
At l April 2024
Charge for year
843,750
93,750
584,600
24,444
1,428,350
118,194
At 31 March 2025
937,500
609,044
1,546,544
NET BOOK VALUE
At 31 Ma￿h 2025
4,062,500
100,778
4 163,278
At 31 March 2024
4,156,250
87,578
4,243,828
ii.
HEIUTACE ASSETS
Total
MARKET VALUE
At l April 2024
Additions
82,829
5,100
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
87,929
At 31 March 2024
82,829
There were no acquisitions, disposals or impainnents of heritage assets in the year ended 31 March 2021.
Acquisitions during the years ended 3 1st March 2022. 31st March 2023. 3 1st March 2024 and 31 st March 2025
amounted to £10.212. £3.775. £430. £5.1￿ respectively. Capitsl commitments as at 31 March 2025 totalled to
£nil (2024= £nil}.
Page21
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
12.
JNVESTMENT PROPERTY
FAIR VALUK
At l April 2024
Revaluation
,735,000
85,000
At 31 March 2025
1650 000
NET BOOK VALUE
At 31 March 2025
1,650,000
At 31 March 2024
1,735,000
The charity's investment properties were valued at fair value as of 31 March 2025. This valuation was conducted
on 7 January 2026 by Anderson Wilde and Harris. an independent valuer with professional qualifications from
the Royal Institution of Chartered Surveyors (RICS). The valuer undertook the valuation with specific reference
to the fair value of the properties at 31 March 2025. in accordance with the IUCS Code of Measuring Pi'actice. In
determining this fair value, the valuer considered market rents and yields of Comparable re21 estate properties 2S
of 31 March 2025, making necessary adjustments for differences in the assets. nature. location. or condition to
ensure an accurate and fair valuation for that date.
Upon review, the tnjstees have confirnied that the valuation appropriately reflects the investment properties, fair
value as of the balance sheet date, 31 March 2025, resulting in a loss on revaluation of £85.000 for th¢ ¢urreDt
year (2024: £45,000 gain) being recognised in the Statement of Financial Activity.
Fatr value at 31 March 2025 is represented by".
Valuation in 2025
1,650,000
13.
DEBTORS: AMOUNTS FALLtNG DUE WITHIN ONE YEAR
31.3.25
31.3.24
Other debtors
Prepayments
87,382
9,616
89,584
96,998
89,584
14.
CURRENT ASSET INVESTMENTS
31.3.25
31.3.24
Social investments
560,000
The charity holds a social investment in the form of an interest_free, unsecured loan advanced in furtherance of
its charitable objectives. The loan has no fixed repayment terni. The loan is reviewed at each reporting date for
recoverability. No impairnient was recognised during the year.
Page 22
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
15.
CASH AT BANK AND IN HAND
31.325
31.3.24
General
fund
restricted
General
fitnd
Total
funds
Total
funds
Pety cash account
Cash at bank
2.327
4,074,916
2J27
4,126,942
14.137
4,040,631
52,026
Total
4.077.243
52.026
129,269
4,054,768
The charity has no overdraft facilities OT bank lending that were neither repayable on demand or over a period of
time.
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Chher loans (see nole 18)
Trade creditors
Social Security and other tsxes
Pension control
Other creditors
Deferred income (see note 17)
Accrued expenses
5,000
9,481
4,193
458
55,036
53,415
28,800
3,779
458
30.735
54,463
34.000
151,383
128,435
17.
DEFERRED INCOME
2025
2024
Deferred income at l April 2024
Deferred income for the year
Amounts released from prior years
54,463
60,565
73,572
52,313
Defe￿¢d income at 31 March 2025
Deferred income relates to amounts received in advance for religious services and rental income received which
pertain to the following financial year. All such income is expected to be recognised in fvll in the following year.
18.
LOANS
An analysis of the maturity of loans is given below-
31.3.25
31.3.24
Amounts falling due within one year on demand..
Concessionary loans
5,000
The ConcessioTthry loans are interest fee. unsecured and repayable on demand.
Page 23
continued...

Sh ree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 Mareh 2025
19.
MOVE1￿￿1￿[ tN FUNDS
Analysis of movement ill funds in the year
Balance at I lllcoming
April 2024
resources
Resources
expended
Gains a￿d
losses
Balance at31
March 2025
Transfers
Unrestricted funds
General funds
General
Reiialliation reserve
Tothl general funds
9,096,749
936.524
10,033.273
1,106,687
{578.045}
13.029
13,0291
9,638,420
838.495
10.476,915
85.(X)O)
{i78.045) 185.000)
1.106.687
Restricted funds
Bhuj Temple
Nepal Earthquak¢
Total funds
24,091
20,210
10,077.574
27,725
(20,000)
31,816
20,210
10,528,941
1,134.412
(i98,045} (85,0001
Analysis of movement in funds in th¢ previous year
Balance at I Incoming
April 2023
resources
Resources
expended
Gains and
losses
Balanee at 31
March 2024
Transfers
Unrestricted funds
General funds
General
Revaluation reserve
Tot81 general funds
8,526,880
904.553
9.431,433
1.146.088
(589,248)
13,029
13.029)
9,096,749
936,524
10,033,273
45000
45000
1,146,088
(481.980)
Restricted funds
Bhuj Temple
Nepal Earthquake
Total funds
6,087
20,210
9.457,730
18,004
24,091
20,210
10,077,574
1,164,092
{494.150) 350(M)
The transfers from general funds to the revaluation reserve in the current and prior years relate to excess depreciation
charged on the historic revaluation of frtthold propety.
Purposes of restricted fu￿d5'.
Bhuj Temple Fund - Donations received for the support and development of the Shree SwaminaTayan Temple
in Bhuj.
Nepal Disaster Relief Fund- Donations received to provide disaster relief aid in Nepal.
Page 24
continued...

Shree Swaminarayan Satsang
Notes to the Financial Statements - continued
for the year ended 31 March 2025
20.
EMPLOYEE BENEFIT OBLIGATtONS
The charity operates a defined contribution pension scheme. The pension cost charge for the year repi'esent5
contributions payable by the Charity to the scheme and amounted to £4,754 (2024: £1,764), contributions totalling
£458 (2024.. £458) were payable to the scheme al the end of the year end and included in creditors.
21.
RELATED PARTY DISCLOSURES
The following trustees and previous trustees were holding property in lieu of the charity.
Current trustees..
MrDDGami
Mr K R Patel
Previous trustees:
Mr H J Halal
Mr M K Varsani
MrNHGami
Mr D D Patel
During the year, there were no related party transactions and no balances outstanding with related parties. In
addition. there were no donations received from related parties outside the nonnal course of business and no
restricted donations were received from relaied parties.
22.
TAXATION
The charity is exempt from Corporation Tax as all its income is charitable and is applied for charitable purposes.
The charity Is considered to pass the lests sel out in Paragraph I Schedule 6 Finance act 2010 and therefore it
meets the definition of a charitable company for UK Corporation tax purposes. Accordingly, the charity is
potentially exempt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 part 1 I Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the
extent that such income or gains applied exclusively to Charitable purposes.
Page 25
continued...