Charity registratlon number 1107282 (England and Walesl THE INDIAN GYMKHANA CLUB TRUST 2004 ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
THE INDIAN GYMKHANA CLUB TRUST 2004 LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr Sulantar Kumar Soni Professor Nathun Ram Puri Mrs Simla Patel Secretary Mr Sut2niar Kumar Soni Charity number 1107282 Company number 05177227 Registered offi¢p Indian Gymkhana Club Thornbury Av8nu6 Oslerfey Islewotth Middlesex TW7 4NQ Independent examlners JSP Accountants Limited Chartered Certified Accounlanls First Floor 10 College Road Harrow Middlesex HA1 1BE
THE INDIAN GYMKHANA CLUB TRUST 2004 CONTENTS Page Trustee's ReporÉ Slalemeal of responsibilities Independent examiner's report Statement of financial activitiès Balance sheet Notes to the a¢¢ounls
THE INDIAN GYMKHANA CLUB TRUST 2004 REPORT FOR THE YEAR ENDED 31 JULY2025 Th$ Truslf4@s present their report and accounts for the year ended 31 July 2023. The accounts havè been prepared in accordan with the accounting pollcies sel out in note 1 to the accounts and comply with the Companies Act 2006 and the Slalemenl of Recommend&d Practice, "Accounting and Reporting by Charities issued in March 2005. objtIveS and activltles The Charity is established lo promote the relief of poverty, ssckness and distress by the provision of education, medical care and facilities, lo provide and manage or assist in thè provision and management ol lacililies for recreation and other leisure lime occupation in thè inlÈrest ol social welfare with the objectives of impioving the ndilions of life lor ihe inhabitants of London Borough of Hounslow and adjoining areas, The Trustees have paid due regard lo guidance issued by the Charity Commission in deGiding what a¢livilies the should undertake. Managing Committee Members are elected or appointed on an annual basis, with offirS being elected from the membership of the Managing Committee. The Charity was established by a Trust DeeLI dated 12th July 2004 and is regislered with Ihe Charity C¢Jnmission under the numb8r 1107282. 11 was incorporated on 12th July 2004. Achievements and perfoymance Financlal review 1115 the policy of the charity that unresliicled funds which have not been designated for a specific use should be maintained al a level equivalent lo between three and six month's expendilure. The Trustees ¢onsider that reserves al this lével will ensure that, in the evenl of a significant drop in funding, they will be ablo lo continue the charity's curienl a¢livilies while considèration is given lo way5 in which additional lunds may be raised. Thits level ol reserves has been maintained throughout the year. The allached financial statements show the ¢urrenl state ol finances which the Committee consider lo be sound. Thè management committee Gontinue lo review the bookkeeping, recording and overall systems in order lo provide an improved and èfficient system, which will be able to cope adequately with the charity'5 future expansion. The Tiustees have assessed the m8jor risks to which the is exposed, and are satislied that systems are in place lo mitigatè exposL¢re lo the major risks. Structurei governance and management The Trustèès who served cluring the year were.. Mr Sulanlar Kumar Soni Professor Nalhun Ram Puri Mrs Simta Patel The report was approved by the Board of Tiuslees, r Sulantar Kumar Soni Dated." 19 March 2026
THE INDIAN GYMKHANA CLUB TRUST 2004 STATEMENT OF RESPONSIBILITIES FOR THE YEAR ENDED 31 JULY2025 The Trustees are Tesponsible for preparing the Report and the Iinan¢ial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pracb'cel. The law applicable lo chaillles in England and Wales requires the Trustees lo prepa financial slalèmenls for each financial yesr which give a Irue and fair view of the slate of affairs of the 8nd of the incoming resources and application of r8sources of the for that year. In preparing these financial slalemenls, the Twslees are reouired lo.. select suitable aOntIng policies and then apply them consislenlly., observe the methods and PTinciples in the Charities SORP., make jLJdgemenls and eslimales Ih&l are reasonable and prudent,. state whether applicable accounting standards have been followed, subject lo any material departures disdosed and explained in thè linancial slalemenls- and prepare the Iinan¢ial slatemenls on the going concern basis ijnlèss il is inappropriate lo presume that the charity will Continue in operation. The Trustèes are responsible for keeping sufficlent accounting records that disclose wllh reasonable accura¢y at any lime the financial position of the and enable them lo ensure that the financial slalements comply with the Charitiès Act 2011, the Charity (Accounts ancl Reports) Regulations 2008 and the provisions of Ihe trust deed. They are also responsible lor safeguarding the assets of the and hence for taking reasonable steps lor the prevention and deleclion of fraud and other irregularities.
THE INDIAN GYMKHANA CLUB TRUST 2004 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE INDIAN GYMKHANA CLUB TRUST 2004 I report on the accounts of thè for tho year ended 31 July 2025, whiGh are sel out on pages 3 10 5. Respective responsibilities of Trustees and èxamlner The 's Trustees are iesponsible for the preparation ol the financial slatemenls. The Gharily's Trustees consider that an audit is not required for this year under section 144121 of the Gharilies A¢1 2011 {the 2011 Actl and that an independent examination is needed. 11 is my responsibility lo.. examine the financial slalemenls undèr section 145 of the 2011 Act., lill lo follow the pro¢edures18id down in the general Directions given by the Charity Commission under section 14515llbl of the 2011 AGI, and {iiil to slate whether partscular mallers have Come to my attention. Basis of ind&pendent examlner's report Ind8pondènt &xaminer's statemellt Your allenlion is drawn lo the fact Ihal the charily has prepared fi'nancial slalemÉnts in accordance with Accounting and reporting by Charities preparing their accounts in aGGordance with the Financial Repcrting Slanclard applicable in the UK and Republic of Ireland IFRS 1 CI?) in prglerénee to the Accounting and Reporting by Charities.. Slalemenl of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations bul has now been withdrawn. l understand that this has been done in order for the financial statements lo provÉde a true and Èlr vlew In accordanGe with Generally ACpted Accounting Practice effective for reporting periods be9inning on or after 1 January 2015. In connection with my examination, no other maller except that referred to in thè prèvious paragraph has come lo my allenlion. lal which gives m8 rèasonable cause lo belleve that in any material respect the requirements.. lo keep accounting records in accordance with se¢tson 130 of Ihe 2011 Act," and (ill to wepare financial slalements which accord with the accounting records and Comply with kne accounting requiremonls of the 2011 Act.. have not been mel (x Ibl lo which, in my opinion, allention should be drawn in order lo enable a proper understanding of Ike financial slalemenls lo be reached. JSP Ac¢ounlanls Limited Chartered certifi.ed Accounlanls First Floor 10 Collége Road Harrow Middlesex HA1 IBE Dated.. 19 March 2026
THE INDIAN GYMKHANA CLUB TRUST 2004 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2025 Unrestvl¢ted Unrestricted funds funds 2025 2024 Notes Donations and legacies 235,673 65,594 CharÉl8ble acllvllies 242,779 34,424 Net {expendlturelllr)come for the yearl Net movement In funds 17,0461 31,170 Fund balances al l August 2024 31,845 675 Fund balances at 31 July 2025 24,799 31,845 The slalemenl of financial activities includes all gains and losses recognised in the year. The slalemenl ol fin8nci818ctivities includes all gains and losses recogni5ed in thè year All income and expenditu derive from continuing aclivilies.
THE INDIAN GYMKHANA CLUB TRUST 2004 BALANCE SHEET AS AT31 JULY 2025 2025 2024 Notes Current ass&ts Cash at bank and in hand 25,279 32.289 Creditor5.- amounts falllng due wlthin one year {4801 14441 Net current assets 24.799 31,845 Income funds Unreslricled funds 24,799 31,845 24,799 31,845 The financial statements were approved by the Twslees on 19 March 2026 Mr Sutanlar Kumar Soni Trustee
THE INDIAN GYMKHANA CLUB TRUST 2004 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 Accountlng policies Charity informatlon THE INDIAN GYMKHANA CLUB TRUST 2004 is 2 company limited by guarantee not having any share ¢apilal and is registered with Charily Comm18sion. the registered office is Indlan Gymkhana Club, Thornbury Avenue, Oslerley, Isleworth, Middlesex TIN7 4NQ. 1.1 Accountlng Conventlon The financial slalemenls have been prepared in aCcordaGe with the charity's trust deed, the Charities Act 2011 and "Accounting and Reporting by Chaiilies.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Sl8rEdard applicable in the UK and Republic of Ireland IFRS 1021" las amended lor 8¢¢ounting periods commencing from 1 January 20161. The is a Public Benefit Enlily as defined by FRS 102. The linan¢ial slalemenls have departed from the Charities IAccounl$ and Reports) Fiegulations 20C18 only lo the extent r¢quired lo provide a true and fair view. This departure has involved fdlowing the Slalemenl ol Recommèndèd Practice for charities applying FRS 102 rathèr than thè version of the Slalemenl of Fiecommended Practice which is refèrred lo in the Regulations bul whi¢h has stnce been withdrawn. The financial slalemenls are preparecl in sterling, whi¢h is the functional currancy of the . Monetary amounls in these finanGial slalemenls are rounded lo thè nearest £. The financial slalemenls have been prepared undèr the historical cost convention, Imodified lo iriclude the revaluation of fieehold properties and lo inclu(le investment propertses and Geilain financial instrumen15 al fgir valuel. The principal accounting policies adopted are sel out below. 1.2 Golng concern Al the lime of approving the financial slalemenls, the Trustees have a reasonable expectation that the has adequale resources lo continue in operational existèncè for the foreseeable future. Thus the Trusl&p.s continue to adopt the going concern basis of account1r in preparing the linsncial slatemenls. 1.3 Charltable funds UnreslriGted funds are available for usè at Ihe discretion of the Trustees in lurther¥n¢e of their charitable objectivès. Re81ricled funds are subject to specific conditions by donors or grantors as lo how they may be used. The pu¥poses and uses of the ieslricled funds are sel out in the notes lo Ihe financial slalemènls. Endowment funds are subjeol lo spe¢ilic conditions by donors that the capital must be maintained by the 1.4 Incomlng resources Income is recognised when the is legally enlilled lo il after any performance conditions have been mel, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the has been notified ol the cEonali(>n, unless performance conditions require deferral of the amount. Income lax iecoverable in relation lo donations received under Gift Aid or deèds of covenant is reGognised al the time of the donation. Legacies are recognised on Teceipl or olheTwise if the has been notifi'ed of an impending dislribulion, the amounl is known, and receipt is expected. If the amount is nol krtrown, the legacy is Iated as 2 contingent asset. 1.5 Resources expended Thesè are all towards the aclivilie5 of the charity and classllied as governance costs.
THE INDIAN GYMKHANA CLUB TRUST 2004 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Accounflng policies (Continued) 1.6 Cash and cash equlvalet)ts Cash and cash ttquivalenls include cash in hand. deposits held al call with bar¥ks, other 5hort-term liquid investments with original maturities of Iliree month8 or less, and bank overdrafts. Bank overdrafts ale shown within borrowings in cuirenl Ik3bililies. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, aTe initially measurèd al transaction price including transaclion costs and are subsequently Carried al arnortised cost using the effective interest method unless thè arrangemènt conslilules a linan¢ing Ir8nsaclion, where the Ir8nsaction is measured at the present value of the future receipts dis¢oLJnled al a market rale of intere51. Financial assets classified as receivable within one year are not amortised. Donatlons and legacles 2026 2024 Donations and gifts 235,673 65.594 Expendlture on charltable actlvities Charliable expenses 2025 2024 Dlrecl costs Share of support and governance costs (see note I Governance 242,239 34,423 Analysis by fund Unreslrided funds 242,239 33,943 Trustees None of the Trustees lor any persons connected with them) reived any remuneration or bènefits Ircm the during the year. Employees The average monthly number of employees durtng the year w8S'. 2025 Number 2024 Number Total
THE INDIAN GYMKHANA CLUB TRUST 2004 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Employees (Continuedl There were no employees whose annual remunerallon was more than £60,000. Taxation The charity is exempt Irom taxation on Ils activities bècause all its income is applied for charitable purposes. Credltors: amounts falling due within one year 2025 2024 Accruals and deferred income 480 444 Unrestrlcfied funds The unTeslricled funds of the charity comprise the unexpended balances of donations and grants which aye not subject lo specific coridilions by donors and grantors as lo how they may be used. These include designsled funds which havè been sel aside c>ut of unreslricled funds by the Iruslees for specilic purposes. At l August 2024 Incomlng resources Resources expended At 31 July 2025 General funds 31,845 235.673 {242,7191 24,799 PrevloLts year.. At 1 August 2023 Incoming resources Resourcès expended At 31 July 2024 General funds 675 65,594 134,4241 31,845