Docuslgn Envelope ID.. 1826BBB8-B78045D4-937F-OD72D3040E50
Registei"ed charity no: 1109157
CHURCHGATE CHARITABLE TRUST
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 IVIARCH 2024

Docusign Envelope ID.. 1826BBB8-B78045D4_937F_OD72D3040E50
CHURCHGATE CHARITABLE TRUST
INDEX TO THE FINANCIAL STATEI MENTS FOR THE YEAR ENDED
31 IIIIARCH 2024
Page
Legal aiid adiniiiisti'ative iiifoi'mation
Trlistees Report
Accouiitant's Repoit
Stateinent of Financial Activities
10
Balance Sheet
11- 16
Notes formiiig pai't of the finaiicial stateinents

Docusign Envelope ID.. 1 B26BB88_B78045D4.937F.OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED
31 IWIARCH 2024
TRUSTEES
Mi's Pi'iya Bhayaiii
Mi. Aineet Kotecha
Mi's Palvi Koteclia (Resigiied on I l Januai'y 2024)
CHIEF EXECUTIVE
Mi. Ameet Icoteclia
PRINCIPAL OFFICE
227 Loiidon Road
Roinford
Essex
RM7 9BQ
ACCOUNTANTS
KLSA LLP
Kalamu House
I I Coldbath Squai'e
London
ECIR5HL
BANKERS
Bai'clays Bank plc
Bai'clays Medium Busiiiess Team
5th Floor
17 Landsdowne Road
Ci'oydoii
Suri'ey
CRO 2BX

Docusign Envelope 10.. 1 B26BBB8.B78045D4_937F_QD72D3040ESO
THE CHURCHGATE CHARITABLE TRUST
REPORT OF THE TRUSTEI ES FOR THE YEAR ENDED 31 MARCH 2024
The trustees pi-esent theii. aiinual I'epoit and financial statements of the chai'ity for the year
elided 31 Mai'cli 2024. The accoiints liave been pi'epai-ed iii accoi'dance with tlie accoiinting
policies set out iii iiote I to tlie accoiints and coinply with tlie Cliai'ities Act 201 l and
Accoiinti ng and Repoi'tiiig by Chai'ities: Statemeiit of Recoinineiided Pi'actice applicable
to cliai'ities prepai'iiig tlieii- accounts in accoi'dance witli tlie Fiiiaiicial Repoi-ling Standai'd
appl icable in the UK and RepLiblic of Ii-elaiid (FRS 102) (effective l Jaiiiiai'y 2015)
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govei'iiin
Document
The Trust is an uiiincot'poi'ated ti'ust, constituted iindei. a ti'iist deed dated 29 Mai'ch 2005 as
ainended by supplemental deed dated 18 JLiiie 2010 aiid is a iEgistei'ed chai-ity, numbei
1109157. Tlie Ti'LlSt entered into a pi'evioiis Declaratioii of Ti'ust dated 19 Noveinber 2004.
Tlie trLlSt was establislied with tlie iiitention of cai'iying out the philanthi'opic woi'lc, desiird by
the donoi's thi'oiigh tlie carefiil stewai-dsliip of its existing resoui-ces, l'ather tliaii actively
fundi'aisiiig. Tlie CIIiiLrhgate Cliai'itable ti'ust specifIcally suppoits the educatioii, poveity and
healtlicaL'e sectoi's in oideL- to malce a coiitt'ibution to these ineaningful chai'ities.
Reci'uitineiit and A
ointment of Ti'ustees
There inust be at least thi-ee Tiiistees aiid every trustee is appoiiited by a resolutioii of the
Trustees passed at a special meeting.
In selecting iiidividuals foi appointmeiit as Tiiistees, the Tiustees take IEgai'd of the skills,
knowledge aiid expei'ience needed foi the effective adiniiiisti'ation of the cliai'ity. In addition
the individual must be Eighteen yeai's or ovei. and on appoiiitineiit as Ti'ustee tlie individual
expressly acknowledges, in whatever way the ti'ustees decide, acceptaiice of tlie office of
Ti'ustee of the Charity.
Procedures foi. indiiction and trainin
of trustees
The ti'ustees keep a record of tlie naine and address aiid date of appoiiitments, re-appointments
and i'etii'emeiit of each tmstee.
Tlie induction pi'ocess foi. newly appointed ti'ustees comprises of the Ti'LlStees make available
to each new ti'ustee:
A copy of the deed and any amendments made to it.
A copy of tlie Charity's latest repoit and statement of accounts.

Docusign Envelope ID.. 1 B26BB88.B780.45D4_937F_OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
REPORT OF THE TRUSTEI ES FOR THE YEAR ENDED 31 IVIARCH 2024-
CONT'D
aiiization structillE
Tlie ti'iistees liold at least two oi'diiiai'y Ineetiiigs each yeai.. Oiie sucli meetiiig iii each yeai.
iiivolves the pliysical pi'eseiice of those Ti-LlStees wlio alteiid tlie Ineeting.
At the meetiiig the trustees agi'ee the boai'd sti'ategy and areas of activity foi. tlie TrLlSt,
incliidiiig consideration of donation making. The day to day administi-atioii of donatioii and
the piDcessing aiid Iiaiidling of applications prior to tlie considei'ation by the Ti'ustees is
delegated to the chief executives, wliich iiiclLides malciiig decisioii iii ol'der to deal witli cases
or iii-gency when a ineetiiig is inipi-actical. Eli addition to depositing money at the banlc,
custody of documeiits, keeping and aiithenticatiiig of i'ecords.
Rislc mana
einent
The chai'ity ti-listees have considered the major risks to wliich the charity is exposed aiid
have i'eviewed tliose risks and whei-e appi'opi'iate, established systems and procediii'es to
maiiage tliose rislcs the chality faces. As Ti'ust does not actively fundraise, any donatioiis
Irceived and depositing of Inoney are agreed to soiii'ce documents.
OBJECTIVES AND ACTIVITIES
The objects of tlie Èi'LlSt ale to:
The advanceinent of educatioii
The promotion of moi'al oi. spii'itual impi'ovemeiit, in particulai. but not exclusively
by tlie provision of facilities to I'eligious foundations
The I'elief of poveity
The L'elief of sickniess oi. disability
The preseiwation of biiildings oi. sites of histoi'ic oi. ai'chitectiii'al iinpoitance
The relief and assistance of people who are victims of war or natural disastei's, trouble
oi. catastityphe and
To provide oi. assist in the provision of facilities for recreation oi. otliei leisure time
occupation in the inteiEst of social welfare with tlie object of improviiig the coiiditions
of life foi. the inhabitants of the ai'ea of benefit without distinction of sex or political,
religious or othei opinions.

Oocusign Envelope ID.. 1B26BBB8-B78045D4_937F_OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
RF.PORT OF THE TRUSTEI Li S FOR THE YEAR EI NDED 31 MARCH 2024_
CONT'D
ACHIEVEMENTS AND PERFORMANCE
During this period tlie cl)ai'ity has donated to institutioiis foi. the promotion of moral, spii'itual
aiid cultLlI'al iinpi-ovenieiit.
In addition vai'ious doiiatioiis wei'e inade to institiitions foi'advancement ofediication, poveity
aiid iElief of sicktiess disability.
FINANCIAL REVIEW
The Chai'ity is i'eliaiit on income fi'oin doiiatioiis despite the iiisecurities ovei. funding. tlie
incoine dei'ived fi'oin tliis was £200,000 aiid iiitei-est L'eceived fi'om funds geiiei-ated was £nil.
Their was also I'eiital income of £725 i'eceived diii'iiig the year.
PL'iIICi
al Fiindiii
Sources
The principal fundiiig soui'ce foL' the chai'ity was by way of doiiations.
Iiivestinent Polic
Tlie Charity's investnient sti'ategy has been to invest surplus fvnds in a I'esidential pi'opeity.
The reiital iiicoine eai'ned for the yeai was £725.
Resei've Polic
Tlie Ti'ustees have exainined the chai'ity's i'equiL'einents foL' reserves iii light of the activities.
With no Inatei'ial goveinance or activity costs aiiticipated for tlie foithcoining year, the
sti?tegy is to coiitinue to build resei'ves tlii'ough opei'ating sui'pluses.
PLANS FOR THE FUTURE
The Chai'ity plans to contiiiiie the activities oiitlined above in the foithcoming yeai. subject to
satisfactory funding ai'i?ngeinents.
VOLUNTEERS AND STAFF
The trLlStees talce tliis oppoitunity to thank all the volunteers and staff for their invaluable
devoted time iii helping to run the affairs of the chai'ity.

Docusign Envelope ID.. 1 B26BB88.B7804504_937F.OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
REPORT OF THE TRUSTEEI S FOR THI YEAR ENDED 31 MARCH 2024-
CONT'D
STATEIVIENT OF TRUSTE4 EI S RESPONSIBILITIE4 S
The ti'iistees are i-esponsible for PL'epai'ing tlie Ti'ustees, RepoLt aiid the finaiicial stateinents
iii accoi'dance with applicable law aiid United Iciiigdoin Accoiinting Staiidai'ds (Uiiited
Kiiigdom Geiiei'ally Accepted Accounting Practice).
The law applicable to chai'ities in Englaiid and Wales i'eqiiii'es the ti'ustees to prepare
rinancial stateineiits foi. eacli financial yeai. which give a ti'ue aiid fair view of the state of
affaii's of the cliai'ity and of the incoming I'esoui'ces aiid applicatioii of I'esoiii'ces of the
chai'ity foi. that pei'iod. In pi'epai'ing these fiiiancial statemeiits, tlie ti'ustees al'e required to:
select suitable accouiiting policies and then apply them consistently.
observe the Inethods and principles in the Chai'ities SORP.
Inake judginents and estimates that al'e Ltasonable and prudeiit.
state wlietheL' applicable accouiiting standards have been followed, subject to any
matel'ial departLires disclosed and explaiiied in the financial stateinents, and
pi'epai'e tlie financial statements 011 the going conceiii basis uiiless it is iiiappropL late to
piesume that the chal ity will coiitinue in biisiness.
The tl'LlStees al'e I'esponsible foi. keeping siifficient accoiinting I'ecords that disclose witli
reasonable accui'acy at any time the financial position of tlie charity and enable them to
ensure that the financial statements comply with the Charities Act 2011, the Chai'ity
(Accounts and Repoi'ts) Regulatioiis 2008 and tlie pi'ovisions of the trust deed. They are
also iesponsible foi. safegLiardiiig the assets of the charity and hence for taking i'easonable
steps for the prevention and detection of fraud aiid othei il'i'egularities.
Appi'oved by the Ti'ustees on 16 Decembei. 2024 and signed on their belialf by:
atMLd bdL
5F605CC7BC5C453...
Mr Ameet Kotecha
Trustee

Docusbgn Envelope ID.. 1B26BB88_B78045D4.937F_OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
CHARTEREI D ACCOUNTANT'S REPORT TO THE BOARD OF TRUSTEEI S ON
THE PREIPARATION OF THI UNAUDITEID filNANCIAL STATEMENTS OF
CHURCHGATI CHARITABLE TRUST FOR THE YEI AR ENDED 31 MARCH 2024
Iii ol'der to assist yoii to fulfi l youi. diities iindei. tlie Charities Act 201 I, we have prepai'ed
foi. youi. appi'oval Ilie finaiicial statenieiits of Cliui'cligate Chai'itable Ti'ust foi- the yeai.
elided 31 March 2024 wliich coinpi'ise of Stateinent of Finaiicial Activity aiid Balaiice
Slieet and notes fi'oin tlie cliai'ity's accounting i'ecoi'ds and fi'oin iiifoi'niatioii and
explaiiatioiis yoii have giveii us.
As a iiiembei. firm of the InstitLlte of Chai'tei-ed Accouiitants in England and Wales
(ICAEW), we al'e subject to its etliical and othei. pi'ofessioiial i-equireinents which al'e
detailed at www.icaew.com/en/inembei'slre
ulatioiis-staiidai'ds-and- iiidance.
This repoit is made solely to tlie Board of Trustees of Cliui'chgate Chai'itable Trust, as a
body, iii accoi'dance with the tei'ins of oui. engagemeiit letter dated 27 Janiiai'y 2022. Oui.
woi'k lias been uiideitaken solely to pi'epare foi. your appi'oval the financial stateinents of
Cliui'cligate Chai'itable Ti'ust and state those mattel's tliat we Iiave agi'eed to state to the
Boai-d of Trustees of Chuirhgate Clial'itable Trust, as a body, iii this I'epoi't iii accoi-daiice
witlI ICAEW Technical Release 07116 . To the fiillest extent peL'initted by law, we do not
accept or assuine responsibility to anyone otlier than Chiii'chgate Chai'itable Trust and its
Boai'd of Ti'ustees as a body foi. out. woi'lc or foi. this I'epoit.
It is yoiii. duty to eiisui'e that Chui'cligate Cliai'itable Ti'ust has Icept adeqiiate accounting
i'ecords and to pi'epare finaiicial stateinents that give a trLie aiid fail. view of tlie assets,
liabilities, financial position and sui'plus oi. deficit of Cliut'cligate Chai'itable Ti'iist. You
considei- tliat Chiii'cligate Cliai'itable Ti'iist is exempt fi-om botli tlie statutoi'y audit
reqiiiiEinent and i'equiremeiit for an Independent Examination foi. the yeai,.
We have not been instructed to carly out an audit oi. a review of tlie fiiiancial statements of
Chiirchgate Chai'itable Trust. For this i'eason, we have not verified tlie accui'acy or
completeness of the accounting recoi'ds or infoi'mation and explaiiatioiis you liave given to
us and we do not, tlierefoi'e, expi'ess any opinion on the statutory financial statements.
I￿SA LLP
Chal'tered Aeeollntants
Kalamu Hoiise
I I Coldbath Squai'e
London
ECIR5HL
16 Decembei. 2024

Docusign Envelope ID.. 1 B26BBB8-B78045D4-937F-OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
STATEIVIENT OF FINANCIAL ACTIVITIES FOR THE YEAR EI NDED
31 MARCH 2024
Uiii'esli'icleil
Fiiii(I,s
2024
Uiii'e.sli'icleil
Fiiiicls
2023
Note
Incomiiig resources
liieoming i'esoiircesfroni geiieraleil
fiiiicls..
Donations
i'eceived
Investinent income
200,000
i 00,000
725
17,075
Total incoming resources
200,725
117,075
Resoiirces expeniled..
Cliai'itable activities
Administi'ation costs
Govei'nance costs
48,078
4,331
366
66,916
6,506
480
Total resources expended
52,775
73,902
Net gainsl{losses) on fixed assets
100,000
Net movement in funds
247,950
43,173
Reconciliation of funds
Total funds brought forward
417,492
374,319
Total fiinds carried forTrvard
665,442
417,492
All incoming iesoiirces and i'esoui'ces expended derive fi'oin continuing activities.

Docusign Envelope ID.. 1 B26BBB8_8780_45D4_937F_OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
BALAIYCE SHEET AS AT 31 MARCH 2024
2024
2023
Note
Fixed Asset
Tangible Assets
450,000
350,000
cui.rent Assets
Debtors
Cash at baiik and in haiid
11
72
68,505
68,577
216,162
216,162
Creditoi's: amouiits falling due
withiii one yeai.
12
720
1,085
Net cuii'ent assets
215,442
67,492
Net Asset
665,442
417,492
UnR'estricted funds
Geiiei'al fuiids
13
665,442
417,492
Total charity funds
665,442
417,492
Tlie notes at page I I to 17 foi'm part of tliese accounts
Appi'oved by the Board of Ti'ustees on 16 DecembeL' 2024 and signed on its behalf by
Docu8lllnqd by..
AIMLLI
5Ffjo5￿1BC5¢4S3...
Mi. Ameet Kotecha (Ti'ustee)
io

Docuslgn Envelope ID.. 1 B268BB8-B78045D4-937F-0072D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 IIQIRCH 2024
ACCOUNTING POLICIES
(a)
Basis of preparation
Tlie financial stateinents Iiave been pi'epai'ed in accoL'daiice with tlie Chui'chgate
Chai'itable Ti'LlStees Coiistitiition, tlie Chai'ities Act 201 l and 'Accouiiting aiid
Repoi'tiiig by Cliai'ilies: Slateiiient of Recoinmeiided Pi'actice applicable to chai'ities
pi'epai'iiig theii. accoiiiits iii accoi'daiice with the Financial Repoi'tiiig standai'd
appl icable iii tlie UK aiid Republ ic of Ii'eland (FRS 102) (as ameiided fol. accoiiiitiiig
pei-iods coJninen¢iiig froin l Janiiaiy 2016).
Tlie accoiints have been pi'epai'ed linder tlie histoi'ical cost coiivention Lnodified to
incliide the i'evaliiatioii of cei'taiii fixed assets.
The chai'ity has talcen advantage of the exemption in Fiiiancial Repoi'ting Standai'd
No I fi'oin the i'equii'einent to pi'oduce a cash flow statement on tlie gl'oiinds tliat it
is a small chai'ity.
(b) Funds structui"e
Uni'esti'icted incoine funds coinprise those fuiids wliicli the ti'ustees al-e flee to use
for any piii'pose in furthei'ance of the charitable objects.
Incoming resources
Incoining resoui'ces I'epresent the total incoine receivable during the year, whicli is
recognised on the accrLial basis of accounting except for:.
i) All donations, incliidiiig gift aid iii relation thereto, al'e iiicluded iii the financial
statements in the yeai. in which they al'e i'eceived.
ii) Investmeiit iiicome compi'ising of reiital incoine and bank interest income is
included on a receivable basis.
(c)
(d)
Resources expended
Liabilities are i'ecognised as I'esources expended as soon as thei'e is a legal oi.
constructive obligation coinmitting the chai'ity to the expeiiditui'e. All expenditure
is accounted foi. on an accriial basis and has been classified undei. heading tliat
aggi'egate all costs related to the categoiy.
Irrecoverable VAT
(e)
AII VAT which cannot be recovei'ed is I'eported pal't of the expenditure to whicli it
relates.
(D
Allocation of overhead and support costs
The charity has not incuned any overheads oi. support costs, as the day to day
opei'ations al'e coiiducted by the Chief Executives and volunteers without any
remunei'ation or benefits.

Docusign Envelope IO.. IB26B8B8-B78045D4-937F-OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR EI NDED 31 MARCH 2024-
CONT'D
(g)
Governance costs
Govei'i)aiice costs coinpi'ise al I costs iiivolving tlie piiblic accouiitability of the
chai'ity and its compliaiice witli i'egiilatioii aiid good pi-actice. These costs iiiclude
costs i-elated to staluloiy aLidit and legal fees.
(h)
Tangible fixed assets and dei)reciation
Taiigible fixed assets othei. tliaii fi-eehold land al'e stated at cost less depreciation.
Depi'eciatioii is provided at l'ates calcLilated to WL'ite off the cost less estiinated
residual valLie of each asset ovei- its expected usefiil life, as follows:
Investinent propeities are iiiitial ly I'ecoi'ded at cost and subsequently at theii. opeii
Inai-ket valiie and are Iiot depreciated in accoi'daiice witli tlie applicable accountiiig
staiidai'd, FRS 102, Accoiinting foL- investinent propeities. Depreciation is pi'ovided
only on those iiivestmeiit pi'opeities whicli are leaseliold and wliei'e the unexpii'ed
lease tei-ln is less tlian 20 yeaL'S.
(i)
Fixed assets investmeiits
Investinents are included at cost. Any diminutioii in the value is talcen to tlie
statemeiits of fiiiaiicial activities.
TAXATION
As a charity, CIIuL'cligate Cliaiitable Ti'ust is exempt fi'om tax on income falliiig
witliin section 505 of tlie Taxes Act 1988 to the extent tliat these al'e applied to its
chai'itable objects. No tax chai'ge has ai'isen iii the Charity.
12

Docusign Envelope ID.. 1826BBB8-B78045D4-937F-OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THL YEAR ENDED 31 MARCH 2024-
CONT'D
DONATIONS
2024
Total
2023
Total
Donations
200,000
200,000
i 00,000
i 00,000
INVESTIWIENT INCOME
2024
Total
2023
Total
Pioperty i'ental income
725
725
17,075
17,075
ANALYSIS OF CHARITABLE EXPENDITURE
The Chai'ity has uiideittaken its chai'itable activities thi'ough making donations to
number of institiitions in fuitherance of its charitable activities.
2024
Total
2023
Total
Advanceinent of educatioii,
relief of sickness and poverty
48,078
48,078
66,916
66,916
13

Docusign Envelope ID.. 1B26BBB8_B78045D4_937F_OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024-
CONT'D
ADIVIINISTRATION COSTS
2024
Total
2023
Total
Insurance
Pi'ofessional fees
License
Legal fees
Property i'epaii's & Inaiiitenaiice
283
72
298
1,716
920
2,350
1,626
4,331
3,572
6,506
ANALYSIS OF GOVEI RNANCE COSTS
2024
Total
2023
Total
Accoiintancy
Baiilc chai'ges
360
360
120
480
366
STAFF REMUNERATION
The Charity had no paid employees during the period. Volunteers Iiave provided
SUPPOLt to the general governance of tlie chai'ity or suppoit services to the cliai'itable
activities.
14

Docusign Envelope ID.. 1 B26BBB8-B78045D4-937F-OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 IVIARCH 2024-
CONT'D
TANGIBLE FIXED ASSEI TS
Investment
Property
Total
Fail- value
As at 01 Api-il 2023
Net gains throiigh fair value
adjiistmeiits
350,000
350,000
i 00,000
As at 31 Marcli 2024
450,000
350,000
The fail. vallie of tlie investment pi-opeity has been ai'i'ived based on valiiation made
on an open Inai'ket valiie basis. Iii tlie opinioii of the tL'UStees, the inat'ket value at
tlie balance sheet date is not matei'ially diffei'ent to this valLiation.
10.
DEBTORS
2024
Total
2023
Total
Pi'epayments
72
72
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
Total
2023
Total
Acci'uals aiid defei'i'ed income
720
720
1,085
1,085
15

Docuslgn Envelope ID.. 1B26BBB8-B78045D4-937F-OD72D3040E50
THE CHURCHGATE CHARITABLE TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024-
CONT'D
12.
MOVElVtENT IN FUNDS
At 01 April
2023
Incoming
Resoui'ces
Outgoiiig
Resoiirces
At 31 March
2024
Uiirestricted fuiids:
General funds
417,492
300,725
(52,775)
665,442
Total fuiids
417,492
300,725
52,775
665,442
13,
RELATED PARTIES
None of the ti'ustees that sei'ved during the yeai. I'eceived any benefits not. wet'e they
party to aiiy Ii'ansactions that wei'e eiitei'ed iiito by tlie cliai'itable ti'ust.
16