Company number: 05276934 Registered charity number: 1108689 ## Shree Ram Krishna Centre Trustees’ report and financial statements for the year ended 31 March 2025 Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre Contents Page For the year ended 31 March 2025 |Contents|| |---|---| |Trustees Report|1-2| |Independent examiner’s report to the trustees|3| |Statement of Financial Activities|4| |Balance sheet|5| |Notes to the accounts|6 -16| Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre Company Limited by Guarantee Trustees' Annual Report Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. ## Reference and administrative details Registered charity name Shree Ram Krishna Centre Charity registration number 1108689 Company registration number 05276934 Principal office and registered Ground Floor Temple office Alfred Street Loughborough Leicestershire LE11 1NG The trustees Mr J Measuria Mr N Chauhan Mr H Measuria Mr K Dave Mr R Jadhav Mr N Mistry Mr M Mistry Mrs R Patel Company secretary Mr K Dave Independent examiner Andrew Miles FCCA, BSc (Hons) Director - MilBen Accounts Limited Chartered Certified Accountants Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Company Limited by Guarantee ## Trustees' Annual Report ## Year ended 31 March 2025 ## Structure, governance and management The organisation is a company limited by guarantee, incorporated on 3 November 2004. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10. ## Recruitment and appointment of Management Committee: The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. ## Objectives and activities The object of the charity is to promote the practice of Hindu religion and culture in the multicultural environment. This objective is achieved by providing a place for members of the Hindu community to worship and celebrate religious festivals and organise cultural functions to promote Indian music and dramatics. Part of the premises is used by the local Council for the benefit of the resident Community. The charity is dependent on the continued service of unpaid volunteers in all aspects of its activities. The contribution in terms of hours cannot be accurately quantified in this respect. ## Achievements and performance The directors are satisfied that the charity is achieving its objectives set out above. ## Financial review The trustees consider that the general fund of the charity has sufficient resources available to fulfill their obligations. It is the policy of the charity that funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The directors consider that reserves at this level will ensure that in the event of a significant drop in funding they will be able to continue the charity's existing activities while consideration is given to ways in which additional may be raised. ## Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees' annual report was approved on 23 January 2026 and signed on behalf of the board of trustees by: Mr K Dave Trustee Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre (A company limited by guarantee) Independent examiner’s report to the trustees for the year ended 31 March 2025 ## Report to the trustees of Shree Ram Krishna Centre I report on the accounts of the charity for the year ended 31/03/2025. ## Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## Basis of independent examiner’s statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## Independent examiner's statement In connection with my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that, in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Andrew Miles FCCA BSc (Hons) Director – MilBen Accounts Limited Chartered Certified Accountants Independent Examiner Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ||||Total funds|2024|£||30,965|9,318|705|40,988||5,626|60,660|66,286|(25,298)|-|(25,298)||499,349|474,051||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||Restricted|funds|£||-|-|-|-||-|2,000|2,000|(2,000)|(2,000)|(4,000)||4,000|-||| ||||Unrestricted|funds|£||30,965|9,318|705|40,988||5,626|58,660|64,286|(23,298)|2,000|(21,298)||495,349|474,051||| |Statement of Financial Activities|including Revenue Account|for the year ended 31 March 2025|Unrestricted
Restricted
Total funds|funds
funds
2025|Note
£
£
£|Income from:|Donations and legacies
3
34,117
-
34,117|Charitable activities
4
11,378
-
11,378|Investment income
5
771
-
771|Total income
46,266
-
46,266|Expenditure on:|Cost of raising funds
6
3,977
-
3,977|Charitable activities
7
45,115
-
45,115|Total expenditure
49,092
-
49,092|(2,826)
-
(2,826)
Net income/(expenditure) for the year|Transfer between funds
-
-
-|Net movement in funds for the year
(2,826)
-
(2,826)|Reconciliation of funds|Total funds brought forward
474,051
-
474,051|Total funds carried forward
471,225
-
471,225|The statement of financial activities includes all gains and losses recognised in the year.|All income and expenditure derive from continuing activities.| ## Shree Ram Krishna Centre Company Number 5276934 ## Balance sheet as at 31 March 2025 |Note||2025|||2024|| |---|---|---|---|---|---|---| ||£||£|£||£| |Fixed assets||||||| |Tangible assets
12|||403,523|||409,264| |Total fixed assets
Current assets
Cash at bank and in hand|68,602||403,523|65,812||409,264| |Total current assets
Liabilities
Creditors: amounts falling
due in less than one year
13|68,602
(900)|||65,812
(1,025)||| |Net current assets|||67,702|||64,787| |Total assets less current liabilities|||471,225|||474,051| |Net assets|||471,225|||474,051| |The funds of the charity:
Restricted income funds
Unrestricted income funds|||-
471,225|||-
474,051| |Total charity funds|||471,225|||474,051| For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: - The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006, - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company. The notes on pages 6 to 16 form part of these accounts. Approved by the trustees on 23 January 2026 and signed on their behalf by: Mr K Dave Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 ## 1 Accounting policies The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows: ## a Basis of preparation The financial statements have been prepared in accordance with 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) issued in October 2019 - (Charities SORP (FRS 102), and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Shree Ram Krishna Centre meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling. ## b Judgments and estimates The trustees have made no key judgments which have a significant effect on the accounts. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period. ## c Preparation of the accounts on a going concern basis The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. ## d Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met. Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## e Interest receivable - Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. ## f Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity. ## g Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to 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. Expenditure is classified under the following activity headings: - Costs of raising funds comprise the costs of fundraising and the associated support - Expenditure on charitable activities includes the costs undertaken to further the purposes of the charity and their associated support costs. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was ## j Tangible fixed assets Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives as follows: Freehold property 1% per annum of cost Fixtures and fittings 15% reducing balance Temple fixtures and fittings 10% reducing balance ## k Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## l Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## m Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting 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 recognised at their settlement amount after allowing for any trade discounts due. ## n Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## 2 Legal status of the charity The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The registered office address is disclosed on page 1. Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde |Total 2024|£|30,965|-|30,965||Total 2024
£
1,121|1,531|6,666|-|-|9,318||||Total 2024
£
5,626
-|5,626|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |Unrestricted
Restricted
Total 2025
Unrestricted
Restricted|£
£
£
£
£|Donation income
34,117
-
34,117
30,965
-|Grant income
-
-
-
-
-|34,117
-
34,117
30,965
-|Income from charitable activities|Unrestricted
Restricted
Total 2025
Unrestricted
Restricted
£
£
£
£
£
Hall hire
2,395
-
2,395
1,121
-|SRKCP - Bills
8,965
-
8,965
1,531
-|SRKCP - Rent
-
-
-
6,666
-|-
-
-
-
-
Other income|Membership
18
-
18
-
-|11,378
-
11,378
9,318
-|Investment income|All of the charity's investment income arises from money held in interest bearing deposit accounts and is all unrestricted.|Cost of raising funds|Unrestricted
Restricted
Total 2025
Unrestricted
Restricted
£
£
£
£
£
Events and materials costs
3,451
-
3,451
5,626
-
526
-
526
-
-|3,977
-
3,977
5,626
-|| |Unrestricted
Restricted
Total 2025
Unrestricted
Restricted
Total 2024|£
£
£
£
£
£|Staff costs
470
-
470
2,022
-
2,022|Cleaning
1,251
-
1,251
260
1,061
1,321|Other office costs
-
-
-
1,242
-
1,242|Telephone and fax
-
-
-
26
-
26|Printing, Postage and Stationary
219
-
219
228
258
486|Bank charges
571
-
571
304
-
304|Insurance
2,700
-
2,700
2,450
-
2,450|Professional fees
4,202
-
4,202
2,546
-
2,546|Gas
5,181
-
5,181
3,534
-
3,534|Electricity
3,794
-
3,794
10,854
-
10,854|Water
696
-
696
706
-
706|Accountancy fees
1,200
-
1,200
900
-
900|Depreciation
6,381
-
6,381
6,483
-
6,483|Repairs and maintenance
18,450
-
18,450
23,147
681
23,828|Irrecoverable debt expense
-
-
-
3,958
-
3,958|45,115
-
45,115
58,660
2,000
60,660|The irrecoverable debt expense relates to an invoices to Shree Ram Krishna Community Project (SRKCP) in respect to a lift installation|that was deemed to be irrecoverable.| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 8 Net income/(expenditure) for the year |This is stated after charging/(crediting):|2025|2024| |---|---|---| ||£|£| |Depreciation|6,381|6,483| |Accountancy fees - Independent examiner fees|300|300| |Accountancy fees - other fees|600|600| |ff costs
ff costs during the year were as follows:
Wages and salaries|2025
£
470
470|2024
£
1,368
1,368| |---|---|---| ## 9 Staff costs Staff costs during the year were as follows: No employees had employee benefits in excess of £60,000 (2024: Nil). The average monthly number of staff employed during the period was 1 (2024: 1). The full time equivalent number of staff during the period was 1 (2024: 1). The key management personnel of the charity comprise the trustees. Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 10 Trustee remuneration and expenses, and related party transactions No trustee or person closely related or connected with them received any remuneration during the year (2024: Nil). There were no donations from related parties which are outside the normal course of business and no restricted donations from related parties. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2024: nil). Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 11 Corporation tax The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity. ## 12 Fixed assets: tangible assets |Cost
Additions
Disposals
Depreciation
Charge for the year
Disposals
Net book value
At 31 March 2024
At 31 March 2025
At 1 April 2024
At 31 March 2025
At 31 March 2025
At 1 April 2024|Freehold
Property
£
487,837
-
-
487,837
92,686
4,878
-
97,564
390,273
395,151|Fixtures,
Furniture &
Equipment
£
11,094
640
-
11,734
10,544
147
-
10,691
1,043
550|Marble,
Temple idols
& paintings
£
100,120
-
-
100,120
86,557
1,356
-
87,913
12,207
13,563|£
599,051
640
-
599,691
189,787
6,381
-
196,168
403,523
409,264
Total| |---|---|---|---|---| Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 13 Creditors: amounts falling due within one year |2025
2024
£
£
Accruals
900
900
Other creditors
-
98
Taxation and social security costs
-
27
900
1,025
Analysis of movements in restricted funds
Current reporting period
Balance
at 1 April
2024
Income
Expenditure
Transfers
£
£
£
£
-
-
-
-
Total
-
-
-
-
Previous reporting period
Balance
at 1
April
2023
Income
Transfers
£
£
£
£
4,000
-
(2,000)
(2,000)
Total
4,000
-
(2,000)
(2,000)
Covid-19 cleaning grant
Expenditure
Covid-19 Cleaning grant
Name of
restricted fund
Description, nature and purposes of the fund
Grant used to ensure cleanliness of the premises.
Covid-19 cleaning grant|Balance
at 31
March
2025
£
-
-
Balance
at 31
March
2024
£
-
-| |---|---| ## 14 Analysis of movements in restricted funds Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 15 Analysis of movement in unrestricted funds Current period |Current period|||||| |---|---|---|---|---|---| ||Balance at||||As at 31| ||1 April||||March| ||2023|Income|Expenditure|Transfers|2024| ||£|£|£|£|£| |General fund|474,051|46,266|(49,092)|-|471,225| |Total general funds|474,051|46,266|(49,092)|-|471,225| |Prior period|||||| ||Balance at||||As at 31| ||1 April||||March| ||2023|Income|Expenditure|Transfers|2024| ||£|£|£|£|£| |General fund|495,349|40,988|(64,286)|2,000|474,051| |Total general funds|495,349|40,988|(64,286)|2,000|474,051| Name of unrestricted fund Description, nature and purposes of the fund General fund The free reserves after allowing for all designated funds Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde ## Shree Ram Krishna Centre ## Notes to the accounts for the year ended 31 March 2025 (continued) ## 16 Analysis of group net assets between funds Current reporting period |Tangible fixed assets
Net current assets/(liabilities)
Total
Previous reporting period
Tangible fixed assets
Net current assets/(liabilities)
Total|General
fund
£
403,523
67,702
471,225
General
fund
£
409,264
64,787
474,051|Designated
funds
£
-
-
-
Designated
funds
£
-
-
-|Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-|Total
£
403,523
67,702
471,225
Total
£
409,264
64,787
474,051| |---|---|---|---|---| Doc ID: a2ef73204a327e5a86a41fdca9738c9909d02bde