Registered number. 05198651 Charrty nurnber 1105534 THE LOHAMA WIHAJAN IUKI TRUST ACCOUP4TS FOR THE YEAR ENDED 31MW2023 JK Shah At>xvnlant¥ 572-574 Rcmlor¢ Road M•nDf Park LondDn E12 SAF
THE LOHAIIA MAHAJAN IUKI TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31M212023 TRUSTEE5 Dhi¥en GAOHIA Mahendr8 GOKANI Girvdh MASHRU SECRETARY Ohiren GADHIA REGISTeRED OFFICE CIO Wasp s Replon Avenue SUdtrry Wernbley mll1d HAO 3DW COIAPANY MUIIBER 05198651 CHARITY NUPABER 1105534 ACCOUNTANTS JK Sh•h Accountants 572-574 Romfo¥d Road Manor Park London E125AF
THE LOHANA WIHAJAN IUKI TRUST ACCOLTr4TS FOR THE YEAR ENDED 31M212023 CONTENTS Pag• Report of Ihe Tru8tee$ IndeperKlenl ExaminÈ¢8 Ststemafit Aerountanfs Reptst ststarnent ol Financial Acknts"08 8alance Sheet 10 NoiE5 to the AccJJunts 11 to16 Delw'knl Statement of Finanoal AL#tyths 15
THE LOHANA MAHAJAN TRUST FOR ThE YEAR ENDED 3111212023 TRUSTEES. REPORT The trusiees present Iheir report and aecounts fortke year en¢Jed 3111212023 PRINCIPAL ACTNITIE5 The principal actsvity of the charrty In the year under review ActNthe$ Of Religious garations. STRUCTURE GOVERNANCE ANO MANAGEMENT THE LOHANA MAHAJAN IiJKI TRUST 13 ¢Xbnstiluted as a chantab tru$t W15tered 1h Ihe Charity Ctnmis5ion Aug 2004 under harity number 11D5534 fvlemorandurn & Articks of Assooatsoll we Incorporaled In August 2004 as well.A3souaiHJn con8istin9 of 3 Twstees vthich appointed or reappointed al the Amual General Mttting IAGMI. P¢lic$ and procedure6 adopted for Ihe InduLon and trdining of twslees Allend 5eminais and trainin9 as and when deemed necessary. Attend meeting Inmle ee$ ffllrn Other charity organ15atson$. Neh¥orftiiFg wrth trusiees from Chantab organuaDons. Regular references to pthlub"on5 from Chanty Comm15810n website. Charity's Organ158tional StThdure Lions Club of ngStsury. Rel19 organ&%ations and Voluntary btsfj. Relalonshp wrth any rd8ie(I partses NCGO (National Congress of Guiaraty Organisah)n$l. MahatrN Gandhi. Foun¢alion IUKI. Inlernabonal siddhashi Shak)" Centre. S¥dar Patel Memonal Sotsety ISPMSI, ISKON Chantats Trus1 an(J other rel¥v$ Instrtutions. Risk Mènageffnt'. Ra81 hale crimes and Drug abuse in local arKt swroundin9 aa$. Wor vriih ne¥hbcoJthcxl watch. Local counci15 and the P1 authorities. Regular re¥w of nsk rnatr and ensu Ihat Systems and aryangetDen15 are In lu8nd to manage the risks Identified by tre trusL Obied&ve$ and actNiIs The obie¢¥e8 of the charily aet and a gJrnmarised a5 foIrp". Foi such tharitab purp05ey ag dwectus may from time to Ime agree upon fDr benefit of the Hindu Community and ether mernbely of the public. In parti¢xUar but not exduslIY by 11 The eStalsrnenI of faul1t5 for heatthy sports, eatJ and ther isU-bme actrvths In Ihe Interests of Social welfare with a view to 1rnprovn9 the condrtions of lrfe of indNwJuaL8 have need ol such factht$ by reason of their youth, age. Infirrnity or disabilrty, financial hardship or sooal CYcUrnstan. 21 The relief of poverty. hardship and distre55 arncngst memÈers of the Hindu Crffjfflunity. vtho afe In n88d of such relref by rea50n of their yobth. age, infirmity or 8orniG C4m513ncÈ$. page 3
TrIE LOHANA klAHAJAN IUKI TRUST FOR THE YEAR ENDED 311121202J TRUSTEES. REPOR T 31 The advancement Dr edurntion includin9 advanan9 the public's education Hindts rdwJiDri. culture an%$ art5 as well as In Hindu heritage and Cultu to all. vAthoul discinatIng on the b9 of caste. cxeed ( relon. 41 The vallment of the Hindu rel4irm. Sl Arranging Yoga Ses81Ms every Thursdaws for the health teffts lo the krger communrt5 (average attendan 80190 people every 1. Policy on grant making". To apply and secure grant5 as and ava5Jabte and deemed necessary by Ihe tnb5tees. The rarity has not taken any grants from the Lottery Fund We w1 keep on exploring other a35 to athtve venue and finantsal support extended lo the Trust. Policy prograrnme rela Inveslm¢nt The charrty has no lOng-te e$erts. funds are hekl in vanous bank 8C¢OUrtts. Contrt)utron made by voluntews A5WSt the trust on event and Hindu le5tNal days. feed and dV&tule bod to the devotees. organise stoth io¢yn. design event Pogters and 05 and when assistance is requid. We encwrage all mernbern of ¢JJr tharrty io be In¥ofved In voluntary activit$ and sha their skills Wth others Achievements and perf0mlan". 11 He f&wJious mu¥A£al evening. ijrama and e¥ents lor the beneft of the devotèts. 21 On average. prcvrfje food to mgre ¢h8n 120.0 peop, a yeaT and InaSing compared to pre-covid ern. 31 Extenderj assi51ancE lo faMlieS dunng tirr of gnef. Hardshy and bea1Ment SUM)ort to Ihe tsMil5. 41 Inirodurd Yoga das8es for the helh benefit of the comrnunty. devotees and neKJhbourhoc 51 Continued wrth language (Gwaratsi dasses and Introduced tea(ing5 for youlh. 61 Held funeral rityals and ake reMon$ at the premise5 and 0 at de¥oiee'5 en[% and prelerred loeaons. 71 Illvi sakerS fr¢yn different ligIOn frryn locat and DveF3ea8 insbtubons to Ixunote ojlture and current tOPiLJ of Inierest and espeually to Ing awartress of rarial haras5rnenl and bultyin9 et 610ry8nised medical seminars. IrEe diatetic screeThng and medical 5eminaB by wofessKJnal bodS. 91 Helj CokYYnEmity rneebngs lo1 leadeTS, counollw and ne¥Jhbwthood 9rot&ps. 101 Or9anised sponsored felffJi¢us talk8 IKatha81 at Ihe premises. 111 lrytradud live ¢o¢kiry continued *th outgde calenng order5. age4
THE LOHANA MAHAJAN IUKI TRUST FOR THE YEAR ENDED 31M212Q23 TRUSTeES' REPORT 121 Usage of the premises for counts1bj$ netsng and pc4 stalKfi dunng ekna)ns. Ugage of the prernises for Pollin9 stations dunn9 the them oldet#ions 131 Conts"nu¢d lUrbIshrnent w4"eds- Lghtsng. extend&l dinww hal, t¢ and othér areas las ne¢2ryI. Financial +. To reinvest and utihs¢ the rtser¥es tr - 11 Major building woth5 (Outsth & Fecia$l 121 Renovatk?ns arml uJntinuou5 refurbishrnent projects 131 Repairs 141 Maintsi worts ground anct a4 deemed nece55ary151 Car parf( and161 extsnsion for addonal calenng 8rea8 etc 21 ChariV6 PL4icy 1$ to h¢)kl enough fvnds to meet operntry costs to enhan cornmunty 8th1"e¥ and Pfogramm••. 31 DOaOn$. Hir• of h811 laolti•s lor varityts t¥ts. ekly tslig1$ evEnts arKI ¥KJnsornhy appeal for events. aFpliance$ and any othof itern$. 41 Achiewng m05t of the cJjeeiNes ep1 lor sports & leisure fvrahts. 51 To date. the cherity has no Investments. Our funds we ttekj in n05 bank •¢o)unts. kny lulu inv•stsnenls yll be after con3ultation and profess1c81 advi provthd ty the lryst. mp¢)rt way prepad in accordanct ¥•ilti the speoal Vbittwn Part 15 olthe Compaw$ Acl 2DCfj. rt Was 4ppro¥ed by the Board ofTnrntee8 on 2010W2024 ru81 page 5
THE LOHANA IAAHAJAN IUKI TrUST INDEPÉNOENT EXAIAINER'S STATEhENT FOR TME YEAR ENDED 3111212023 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LOHANA IAAfrIAJAN IUKI TRUST I report on Ihe 8nts olthe company lor Ihe year enJed 31112r2023 . RE5PECTPOE RESPONSI8IL¢TIES OF TRUSTEES AND EXAAIINER The trustees (who are also the diredors of the cornpany for the pUoSeS ol ccmpany lawl a responsible for the prepafation or the accounts. The tW5tees consider thai an au(Jit Is not required for th15 year uncler 144121 of the Charities Act 2011 (the 2011 Acll 8nO that an In4ependeFFI examination Is needed. The chanty's gross Income eXdelI £250.orxi and l am qua5ified to undertake the examinabon by being a qualified menthr of Chartered Cerbfied Accounts & Registered Auditors. Havin9 sat15fied Myse ihat the charity is not subj.ed to an audrt under oJryJany law and 1$ eligbk for Independent examination, It is my responsibilrty to - examine the accounts under sec¢on 145 of the 2011 Ad. - loW the vocedu$ laAJ dovm In the general th0$ 9iven by tl Chanty C¢ynmissth under 5ethgn 14515llbl olthe 2011 Act, and - State whether partKular Matters have oyn8 to my attentn. BASIS OF INDEPENDENT EXAMINERS STATEMENT My examination was ¢amed out In accordan wlh general Oirecbons gNen by the Charrty CLrniss¢on. An examination indudes review ol the zccounling CordS kepl by Ihe chanty and a coryarison tne accounts presenied th Ih05e Tecords It a150 Includes onsideratioTr ol aTry unusual Ilerns or d15dosures In Ihe accounts and seeknng explanatlDn5 frorn you as trustees concèrning any suth rnatters. The procedu¥ undertaken do not pro¥KJe all the eW{Jen thal wguld be required in an audst, and tttnse4uendy no opinion Is given as to whether the accounts present a Irue an(1 fair VI ar** report Iimrted tD thD5e rnattefs sel out In the gtaiernent bebw. pefj
ThE LCXIA14A IAAHAJAN IUKI TRUST INDEPENDENT EXAMINER'S STATEMENT FOR THE YEAR ENDED 31MW2023 INDEPENDE147 EXAIANERS STATEMENT In connethon wth my examinatson, no rnatter has to my altentw. 111 which gives me reasone cause to believe that any matenal respect the requirernents. - lo keep accountmg records In aCU)rdan th seclhx 386 ofthe Compans Act 2006, and - to prepare 8CCOUnts accord the 81tounlng recoFftB. wnply wth the ac£wnb"ng quirements of SeCn 3 of the Companie$ Act 20l and wrth Ihe meth(Ss and pmoFkn of the StatWTI of Re¢(ne[e Pr¥(". Accotsnbng and Reporting by Charities have not teen mel," or 121 to whith. In my opiNoft, attentk?n shouk1 be drawn In ortr lo enoue a proper urylerstanding of Ihe acLJJunt% to be reached D8te. 20A)912024 JK Shah Accountsnts 572-574 Romford Road Monor Pa¢k LDndon E12 %4F poge 7
THE LOHAt4A MAHAJA14 IUKI TRUST ACCOUNTANTS. REPORT TO THE BOARD OF OIRECTORS ON THE VNAUOITED ACCOUNTS OF THE LOHANA MAHAJAN IUKI TRUST. FOR THE YEAR ENDED 3111212023 In order to assist you lo I1 yDur dutres under the Compans 21JC6. we have prepared your approval the accounls of THE LOHANA MAPIAJAN IUKI TRiJST for the year ended 31112r2023 as sth out pages- to111 f¥om the comp8ny'$ accounting rdS 8nd from Inlorrnalion and explanatson$ you have given us. As a practin9 mernber of the Chartered Celtif¢ Accounts a RegisieTEd Auditors. we ale subject to its ethical anjj other prolessioml requirernents whth are detailed on the[Tb9. This pOrt Is made SOlY to the Boar of Directors of THE LOHANA MAHAJAN IUKI TRUST, as a bcYy. In acrdanCe with the terms of our engagemenl letter dated . Ouf work has been undertaken sOY to Prepa for your approval the attounts of THE LOHANA MAHAJAN IUKI TRUST and state those maltets thal we have agreed to Stale io Ihe 8oarf of L>rector5 of THE LDHANA AJAN IUKI TRUST. as a body In this pOrt. In acConjan ¥Mth the reqU1MentS of the Charterett Certified Accounts & Registered Auditors as detai11 on their web51te. To the ftjlksi extent reitted by law we nol a¢pt or assume SPonSIbl1 to anyone other than THE LOHANA HAJAN IUKI TRUST and rt5 Board of Directors as a body lor our wosk Dr lor th15 report. It 15 your duty to ensure th8( THE LOHANA MAHAJAN IUKI TRUST hag kept adequate accounting records and lo pTrpare slatulory accounts thai give a true and fair wew of the asse15, liabltieS, finanaal p051knn wofrtability of THE LOHANA MAHAJAN IUKI TRUST. You consmjer Ihal THE LOHANA MAHAJAN IUKI TRUST 1$ eKempt from the Styiulw aULIrt requireFnent for the year. We have not been Inslruded Ic carry out an aud.t or a ¥*W of the ac(thnts of THE LOHANA MAHAJAN IUKI TRUST. For this reason, have not verified the ac(xJracy or cOMptene$S of the records or Information 8nd exanatIonS you have given to us and do no¢ thErEfo. exwess any IyirMM on the atlrtory aw?unt& JK Shah Accountants 572-574 Romford Road Manor Pafk LDn¢Jon E125AF 20109r2024 page 8
ThE LOHANA MAHAJAN IIMI TRUST St4teMent of Fln•n¢lal Acltvides for the y••r •nded 3111212023 2023 2022 Unrntricted Restrl¢ted lund• fndS T•t•l Tol81 Income Incorn¢ Ir¢ generated lunds Qonatson8 and kgao85 Other trading acbvits Totsi Incom• and •ndo¥mient• Expen• Cost5 01 genernbng lunds EKFendrtu on R&s¢d fttnds Expenditure on Ch8rrte a(vit Total Expen•¢• Net galn• on InTrttrn¢nl• Net Income 335.728 12,185 347.913 335,728 12.185 347,913 333, 760 16.400 350. 160 59,393 318,600 377.993 59,393 318.600 23.506 247.244 270. 750 130.0801 130,0801 79.4lC Gatn81llo•Aesl on rev4luallon of aJ8e•ts Net movement in lunds= N•t rncome lor the y•r Total lunds brought lOard Net furtrd• GaffS•d lornard 130.OBOI 1.437.235 1.407.155 130.0801 79.410 1437 235 1,357.824 1,407,156 1.437.234 Th $talement of finanual athvits Mdudes 0119ams and hSe$ recognwed In Ibe year. 1 Inojme and expentliture denve from continuiry activit page 9
THE LOHANA MAHAJAN IUKI TRUST BALANCE SET AT 3111211023 2023 2022 Notrs FIXED ASSETS Tangible assets 3.267.629 3,768,833 CURRENT ASSETS Oeblors (amount5 Izlling due within ane yearl Debtors18rn0unts falling due after MO than one year) Cash at bank and In hand 10,587 11.588 6.833 211,508 229.929 552.522 169.804 180 391 552,461 CREDITORS.. Amounts f4111Trg due within one year NET CURRENT LIABILITIES TOTAL ASSETS LESS CURRENT LIABIUllES 1372,0701 2.895,559 [322,5931 2,446.240 CREOITORS.. Amounts l11Sng dve aft•r rn0 than one year 984.723 1.008.528 PROVISIONS FOR LIA81LITIES 478 478 NET ASSETS 1 910.358 1.43T,234 CAprrAL AND RESERVES Unr•stricl•d fvnd8 General fund Re¥aluabDn reserve 10 1.407,155 503,203 1.910.358 1.437.234 1,437,234 For the year ending 3111212023 the rxmnpany VAS entit to exempbon Ufkler Sedn 477 of the Companies Acl 2006 relating lo 11 ccrnpanies. The membets have not required the company to ottsin an audrt in accordan Wih 8eclion 476 of the Corrpanies Act 20(K. The director5 acknowleolge their re5ponwbilities for ojmplying wlh the requirements of Ihe Act respect to accounbng records at)d the preparatson ol account5. These accounts have been prepared in actordance ¥Mlh ihe pVlOn$ apph(able to cornpans bJeCt to the smau companie5 gime. ed by the board of tvust••s on 20M912024 and 51gned on their HIA page 10
TrIE LOHANA AIAHAJAN IUKI TRUST NOTES YO THE ACCOUNTS FOR THE YEAR ENDÉD 31M21202J 1. ACCOUNTING POUCIES la. Bas1$ 01 Aeeounting The accounts have been prepared under the historKal cost convenbon_ The accounts have been prepared In 8ccoriJance FRS102- The FinanrAal Fqeporting Standare applicable In the UK ano Republic of Irdand and the Compan5 Aa an¢J the requ1ments of Ihe Stslemenl Df Recomrnended Practi. Ac£ounting znd Reporting by Char¢be& 1b. Ch•nge In Accounting Pollcy In preparing financial stalem¢nts for Ihe rrent year, the company has adopted the Ic4knwng Finano81 Reporting Standards. -FinanGial Reporting Standard for Srnalr Enffi$ leffectwe January 20151 The adoptson of new accounting stsrthrds h88 not resulted in any adiu5tynents to the wu#s of the coffipany in either this year or the previous year. 1¢. Incoming Re•ouree• All Incomin9 resourtes are Included an the Ststement ol F$nan1 AcDvrts when Ihe rthanfy Is galy entrtled to the Income and the amount can be quantified wth Teasonat4e 8cwra¢y. 1¢. Rtsvurcos Expended ExpeodrtU Is accounted for on an aCLyuals basis and has been dassfied unaer headin9$ thai a99regaie all cost related lo the cate9wy Where c05t5 nn0t be dIGIty atiribuied to partKAJlar hea(&ngs ihEy have been all)G4ted to actsvities on a bass Consisteni wrth the u3e of resour. 1•. Allocatlon And App¢Jrtlvnrnent (X Costs All costs relate to the Sing acttvrty of the tharrtable cornpany and A re¢ogfNsed aOrd1y. 1f. Fund A¢counOng Unresincted funds can be used in accordan wth Ihe ¢anWbe 0e¢VE5 at the dLgc¥etion of th8 tru8. Restncied funds can only be used for parti¢10T restnoled purpoges rthiA the thed5 of the charity. RestriLIIDns anse when 5peufiad by the donor orwhen funds are raised lor partsoJlar resthcd purposes. Designated funds ore ftjnds Set asKJe by the trustee5 out of unre$ffided 9erral luntJ5 for the speofic lulure purposes or prai8cI5. page11
THE LOHAIIA W4HAJAN IUKI TRUST 19. Calh Flow St•tsment The Company is exempl from Indudiw a Statnent olcash fi0¥4s in ts acttunts In act))rdan vthh Fan¢al Reporting Standard for sMalr Ents1s (effective January 20151. 1h. Depr•¢lallon Oepreci8bon ha5 been prowded at Ihe f0H09 lates orderto write off the assets overthwr est¥mat•4 useful liws. Plant and Machinery Fiures and Frttings Equipment 20% 20% 20% tl. Penslon Costs The company Operates a defined contrknubm pen5?n he. The on thw9e represents the •rnounts payable by the company lo the fijnd in rEspect of the year. 11 Re¥aly•b"on R•¥er¥e Surplvses or olefiots arising on the revalvati¢Jn ol IndivNluo1 hxed assets Otr Ihan mvestment yoperts are (¥ediled or deIed to & non-distritib1e Serve known as the revaluab¢x re5erye15ee akn note I Revaluation deficrt5 In e¥uss of the arnounl 91 wor revaluation su[se5 on Ihe same a55et are ¢harged to the profit anol bss account. 2. EMPLOYEES 2023 2022 No. Averag8 number of empksyeeg 3. PENSION CONTrI8UTIONS 2023 2022 penSn contribUty(s 595 595 page 12
ThE LOHANA MAHAIAN IUKI TRUST 4. TANGIBLE FIXED ASSETS L•nd And Plant and Fixtur 8ulldings Ilachlnéry And Flttlngs Equipm•Dt Totsl At 01101Q023 RevaIaon 3.165.400 503,203 3.668.503 42,939 19,147 3.236.344 503,203 19.147 3,739,547 At 31112n023 8.856 42.939 Depreciailon At 0110112023 For the year At 3111212023 Nel Book Amount• At 3111212023 418.603 8,832 30,729 2,442 33,171 9,347 1.960 11 307 467.511 4.407 471.918 418.603 6,837 3.250,ODQ 9.768 7 840 3,267,629 At 31112r2022 2,746.797 12.210 9 800 2.768,833 . DE8TORS 202J 2022 Amounts laWiThJ ¢Jw wthin one year Trade debtors Other debtors 10.587 fO.588 10.587 11,588 AmoJnts i?Hing due after MOVE than one year LorvJ temi debtor 6,833 6.933 6. CREDITOR5: AMOUNTS FALL14G DUE WIThIN ONE YEAR 2023 2022 Bank loans and overérafts Taxatlon 8nd soogl SecntY Other ueditors 121,063 12.926 416.472 552 461 126,580 909 425.033 552.522 page 13
THE LOHANA MAHAJAN IUKI TRUST 7. CREDITORS.. AMOUNTS FALLG OUE AFTER MORE ThAN ONE YEAR 2023 2022 8ank bans and overats 984.723 984.723 1,008.528 1.008,528 . PROVISIONS FOR LIABILITIES 2023 2Q22 Pen%ons 478 478 418 478 . LIMITED 8Y GUARANTEE The company Is limrted by auarantee and does not have a share caprtal. Each member a guarantee to ntnbUte 8 sum not ¢xceeding £. to Ihe rnpanY 8houkY it be wound up. Al 31113r2023 there memtern. 10. UNRESTRICTED FUNDS Brought Incornlng Outgolng T1¢15 forward rnsources resources Carrfed forward General fund 1.437.235 1437 235 347912 1377.9921 1377.9921 1.407.155 1,407,155 347.912 11. RESTRICTED FUNOS 8rDught Intomlng Outyolng Tran•lern CarrS8d forward mou¢• 0re*l lorward page 14
THE LI>IANA IAAHAJAM IUKI TRUST Incomlnq R••ouvc lor the ye•r end•d 3111J2023 2023 2022 Incomlng rnsourc•• Incomln9 re•ourc•s Irom gen•Thtvd fvnd• 335.728 3JJ. 760 12,185 16.4CYI 347913 J50. 160 paoe 15
THE LOHANA MAHAJAN IUKI TRUST Expenles lor the year ended 31M212023 2023 2022 Expenses Costs of generawnq funds Costs Of Generaiing Voluntary Incorn• Mèterials 59,393 59,393 23,506 23,506 59.393 23.6 Ch•rltable A¢tfj¥S1ies RescurL%8 Expended Charrtable A¢brfS 5 W8ter rate5 He81 and Iigltl Cleaning Repairs and NeW81$ Wage5- regular NIC employer (wages and 88laM$i Pension contnbuthxs staff welfare Motor expenses- fuel and oil Accountancy fees Profe551onal fee8 Insuranr Staiionery & othcA su1e$ Tekphone Charitab* donab.ons Se¢unty costs Bank rharges Interest on loans repayable withrn S years Depreoalion Df plant and mathinery Depreuation of fixtures and fitJn95 Depreciabon ol equipment 4,292 3,167 53.597 7.889 20.876 99 7gg 892 1,919 22,518 7. T46 17.541 59.320 1.513 888 2.733 79) 2.760 5.802 5,632 581 1.298 216 595 1,440 8.750 7,872 596 7.578 1.943 77,071 7,555 46.799 2,442 1.960 295.554 3,053 2.012 223,999 Govern•nre Co¥ts Otrer diTrtt expenms 23.046 23.046 23.245 23.245 377.993 210.T page 16