REGIRED COMPANY NUMBEIL. 05283848 (England and Wales) REGISTERED CHARITY NUMBER: 1109863 Re rt ofthe Trustees at al Sta ford* Year End h 2024 PROJECT SKS Justa& Co Ltd Justa House 206.208 H0]bk lane Coventy CV6 4DD
SAHIL PR Contents of th¢ Financial Statements for the Y¢8r h 2024 Report of the Tne¢S I to 2 IndependentFx4min¢rfs R¢port ststement of Financial Activities Bai8n¢¢ Sheet Nots to the Financial Ststements 6 to 10
SA of the TTUStee5 for the Yeor Ended 31 March 2024 The Trnste4 who are also Direoior$ of the Charity for the purposes of the Companies Act 2006, present their report th the financial statrments of the charity for the year ended 31 Marth 2024. The Trustees have adopted th¢ provi5ii>n5 of Accounting and Reporting by Charities: Statement of Recommended Practice 8pplirabl¢ to Gharities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in th¢ UK and Republic of I18nd IFRS 102) (effective l January 2015). Trnstee's responsibilitie5 ststemcnt The followADg stratement is made with a view lo distinguishing for memkn the respective rtsponsibilities of the Tr$teeS and the AOuntants in relation to the financial ststements. The Tnte£S are required to prepare acc£Junts for eAch financial year which give a true and fair view of th¢ stats of affairs of th¢ project and of the surplusldeficit of the project for that period. In prewing those accounts the TNstees are required to: - seled suttable 8¢rxJiinting policies and then apply them tonsistently, . make judgmats and accounting estimates that are rewnabh and pn - state whether applicable accounting standards and statetnents of recomm# practice hav¢ becn followed subject to any departures disclosed and explained in the finoncial statements: - prepare the financial statements on the going concern b&8is unless it is inappropriate to presume that the ¢harity will continue in busin¢5S. The Trusttt5 are Tcsponsible for keeping adequate acCOtillg records that are sufficient lo show and explain the charitys tranSaCtn$ and disclose with rea8on3ble aGcurncy at any time the financiAI position of the charity and enable them to ensure that the financial statements comply with the ChItIeS Act 1993. They e also rewnsible for safeguarding the assets of the charity and hence for taking w50nknle Steps for the prevention and detection of fraud and other irTegularitie Iqbal Ka Rihal Trustee Page I
SAHIL PR rt of the Trustees for the Year 31 h 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Govtrnitig document Th¢ charity is controlled by its 8ov¢rning documthL a dced of ttus¢ and constitutes a limited compaAy, limited by guarantee. as defined by th¢ Companles Act 2006. REFERENCE AND ADMINISTRATIVE DKTAILS Re8i5ttred Comp•ny number 05283848 (England and Waics) ReOstered Charity number 1109863 Rewe¥¢d office 449 FOLESHILL ROAD FOLESHILL COVEKtRY WEST MIDLANDS CV6 5AQ Trustees Aravlnda Rao Parnandi Drusha Je Iqbal Kaur Rihal ZahcX BaTgir Comwny Secretary Rani Hariit Saund loikpendent Examiner SKS Justs & Co Ltd Justs Hou5¢ 20&208 Holbrook Lane Coventy CV6 4DD a.&[.ii.1. 2LI..... Approved by order of the board ofttus&s on ..... . and signed on its behalf by.. Iqbal Kaur Rihal - TnLStee P88e 2
SAHIL PR0cr Indep¢nd•ot examlll5 report to th¢ trusltts of SAHIL PROJECT ethe Company,) I rept0 the charity tsitstees rny oxarninatioTr 0fthearDts of the CompJy for th¢y¢2r ended 31 Marth20M. Rwonslbllhlry •nd b891s of report As the ¢hrity's tru5te¢s of the COmpY (and akn its dirc¢lots for the wrposes of ¢LmlP8ny Jaw) you are Te5PDnsiblE for the preparation ofthe coUnts in accordsncewiih the rawirements ofthe Companies Art 2006 (Yhe 21x16 Acf). H8wng ssfied myself that thc aCcOts of the Compary are not required to be audited urth PHrt 16 of th¢ 2006 Act and are ejigibie for IndeFendent examin&tion, I reyt in w of my examTnation of your ¢lwity'$ aCCOUAts 6s CDTried out under Section 143 of the Charities AGt 2011 (the 2011 A,). In carrying my exgminRtim I havt followed the Dirxtions glv¢n by the Charity Commission secti 145(5) (b) of the 2011 Act, Indeptndent exawiner's ststement SirKe ywr chorttys 8r05s in¢ome exceeded £25QOOO your wminer must bE a membe# of & li5t¢d btyty. I can ¢onfirn] that l am qualified to undertoke the exAmination becse l am a m¢ml%r of thc Institute of Cart¢r¢d Accountonts In Fmgl8nd and Wales, whith is one Df the li5tsd bodies. I have ¢ompleted my examinalion. I confm that matters have ccthe to my attention in ¢onnection with the ¢Xam]ftati givingme cause to t¢lieve: a¢¢ounting recorth wcrc Tkept in r¢sp¢cl ofthe Company aSTequir¢d by Seclon 386 ofthe 26 Art; or the accounts do not occord wlth those records; or the &¢ounts do not comply Hith the accounting Tequirements of S#tion 396 of thc 2Q06 Aot othes than any Tequirement that the 8ecounts give att and falr VIN which is not a matter considered part of an iDdEptht ¢xamination; or the a¢counlJ have nrt been PTepaved in a¢¢ord8nce with the method5 aud prindples of the s1¥tem of Rewnmended Practice for accounting reportitTrB by charities {8pplicabl¢ to charities preparing their accounts in ac¢ordance with the Financial ReportIngStandd appliLie In the UK and Republic of Lre12nd IFRS 102)). I hav¢ no ¢on¢ern$ artd have comc acr058 no other matters itt ¢onnection wkh the ¢xarnlnation to whith attentlon should be dr&wu ill thi5 report in order to enabk a proper undetslanding ofthe a¢o(wnts to be rh¢d. M# Singh Sohd4 FCCA. FFA SKS Justa & Co Ltsl Justa House 206-208 Holbrook Lane Coventy CV6 4DD 1.6..111 l i.Lr,.,.... Page 3
SAHIL PROJECT Statement of Financial Activiti forthe Year EThd 31 arch 20? 2024 2023 Total funds Unrestricted Restrlcted fid$ nd funds INCOME AND ENI)oWMEs FROM Donations and legacie5 4,164 261105 266.269 135.432 ExPE]lTURE ON Charftsble gdivftles Exp¢ndityre on ¢harittible activities 82J97 151,011 233,408 195,076 NET INCOMEI(EXPENDTfuRE) TNnsff¢rs between funds (78233) 24.881 111.094 (24,881) 32,861 (59.644) 12 Net movernent In fun(Ls (53J52) 86213 31861 (59,644) RECONCILIATION OF FUNDS Total fvnds brou8htfoMrd 64,142 19,669 83,811 143,455 TOTAL FUNDS CARRIED FORWARD 10,7SYI 105.882 116.672 83.811 Thenotes forni part of these finalaT statements Page 4
Balance Shtet 2024 Total funds 2023 Totsl fLmds Unrestricted Restricted fund5 Not¢s FIXED ASSETS Tangibl¢ assets 10.842 10,842 11755 CURREhT ASSETS Debtors h at bank io 24.580 81J02 24580 81302 24J80 51701 105,882 105,882 77,281 CREDTfoRS Amounts falling due within one year li (52) (52) (6225) NET CURRENf ASSETS (52) 105.882 105.830 71,056 TcifAL ASSETS LESS CURRENT LIABILITIES 10,790 105,882 I IQ672 83,811 NET ASSETS 10,790 105.882 I l6,672 83,811 FUNDS Unrestricted funds Restricted fiLnd5 12 10,79 105.882 64,142 19.669 TOTAL FUNDS 116.672 83.811 The charitable company 15 entitled to exemption fmm audit und¢r &dion 477 of the Companies Act 2006 for the year ended31 March 2024. The members ha not required the company to obtain an audit of rt5 financial s¢MentS for the year ¢od¢d 31 March 2024 in accotdallce wilh Section 476 of the comleS Act 2(h)6. The trustees acknowledge their responsibilities for (a) en5urin8 that th¢ ¢haritsbLe company keeps accounting re¢ords that MplY with S¢rtions 386 and 387 of th¢ Companies knt 2006 and (b) prwing fll)ancial statements which give a kne and fair view of the state of affaits of the charitable comwany as at the end of each financial ycar and of its surplus or deficit financial ye&r in accordance with the requiTements of Sections 394 and 395 and which otheThYise comply with the requirements of the Companies Act 2(Ki6 relating to financi&l statements, 50 faras applicablcto the charitable company. These financial statements have been pr¢paTed in a¢aXda with the provision5 applicable to charitable companies subject to the small companies regime. Th¢ fjnancial statements w¢r¢ approved by the Board of TrLL5tees and authorised for issue .. and were sigThed i)n ts IaIr by.. on Iqbal Kaur RihaI. Tntee The notes forn) part of these finan¢ial statements Page 5
SA Notes to the Financiol Statsmen ded 31 March 2024 ACCOUNfiNG POLICIES BASIS OF PREPARING THE FINANCIAL STATEMENrs The fJnan¢ial stalemcnts of the charitabl¢ cornydny, whith is a publtc benefft ¢ntity under FRS 101 hav¢ bcen pr¢pated in 8c¢oTdance with th¢ Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Pra¢tic¢ applicable to ¢h8rilies preparing their accounts in wirdaDce with the Financtal Reporttn8 Standard applicable iti the UK and Republic of Ireland (FRS 102) (¢ffedive l January 2019),, Financial Rwrting Standard 102 'The Financial Reporting Standard appliaable in the UK and Republic of Iftland, atHJ the Companies Aot 2006. Th¢ financial ststesnents have been prepared under ihe historical Cost convention. INCOME All ineome is rwised ill th¢ Siatement of Financial ArAivities ontt the charity has entitlement to the fimds, it 15 probabl¢ that the income will be r¢c¢iv¢d and the amount con be rneasur&4 reliably. EXPENDfTURE Liabilities are rwised as expenditure as sc#)n &8 ther¢ is a legal or eonstrurtive obligation Committing the charity to that expenditur4 it is probable that a Iransfer of economi¢ l*nefits will be required in settlement and the amount of the obligation can be Mred reliably. Expenditir is accountcd for on an a15 basis and has been classified und¢r hvddings that ag8Tegate all ¢osi lated to the category. Wher¢ wsts cannot be direcdy attrThi uted to particular headings they have been alhcated to Wivities on a b&sis consistent with the use of resources. TANGIBLE FIXED ASSETS Depreciation is provtd¢d at the folkTrwing annual rat¢5 in order to write off each ass¢t over its estimated useful life. TAXATION The charity Is exempt from cortion tax on its chwitsble athivities. FUND ACCOUNTINC Unr¢stricied fjmd$ can be used in armrdance with the Charilable objectiv&s at the discretion of the trnstees. Restri¢t¢d funds can onty be used for particular Teslticted Purposes within the objects of the charity. Restrictn$ ise when spe¢ifJed by the donoror when funds ar¢ rdised for partlcularrestricted purposes. Further explanation of the nature and prse of each fund is included in the notes to the fllwicial slatements. PENSION COSTS AIYD OTHER POST-RETIREMENf BENEFITS The charitable wmpany operates a deflld Cffltiibution pension Sch]¢. Contributions payable to the charitable companYs pension stheme are ¢har8ed to the Statement of Financial Activities in th¢ period to which they r¢late. DONATIONS AND LECACIES 2024 2023 Coventy Watwickshir¢ Mind Parth¢rship Donations Coventy Cty Council Hir¢ of rcom Big Lottery Funding NHS ICB Inequality bid Warwickshire County Council NHS Cov & Warwick partnershlp Rethink None 98J20 3,859 3,499 305 71,420 54,060 15.781 13.( 6.025 98320 943 1090 120 CrIed forword 266269 101,473 P4ge 6 contlllued...
to the Financial tatemenls- continued theye Ended 31 March 2024 DONATIONS AND LEGACJES- tontinued 2024 2023 Brought forward Lloyds Bank WarwickshirE Communty Safety- 266,269 101.473 17250 12.489 780 C(Jmmonw¢altb Active Commuwty 266,269 135,432 Direct Costs costs (se not¢ 4) Totsjs Expellditu on charitable activities 202,768 30.640 233.408 SUPPORT COSTS Management Totsls Expendirure on charitabl¢ atlivities 30,458 182 30.640 NET tNCOMEI(EXPENDITURE) Net incom¢/(¢xpenditure) 15 Stated afier chargingl(LYediting).' 2024 2023 Depreciation- owned assets 1,913 1251 TRUSTEES, REMUNERATION AND BENEFIIS There were no trustees. remunerdtion or other bejth for the year ended 31 March 2024 nor foT the yor ended 31 March 2023. TRUSIEES, EXPENSES There were no trustees, expenses paid forthe year ¢nd¢d 31 Mawh 2024 nor for the year ended 31 Mwch 2023. srAFF COSTS The average montbty numberof employees duTing the year wa8 &8 foltows: 2024 2023 Employees No employees leIVed emoluments in excess of £60,000. Page 7 continued...
Notes to the FinalaT St8fem forthe Year Ended Marth 2024 COMPARATIVES FOR THE ATEmE OF FINANCIAL ACmqTIES Unrestri¢t¢d fimds Re5trided nd To funds INCOME AIW ENDOWMENfs FROM Donations legacies 11.843 123.589 135,432 EXPENDITiIRE ON Charit¥ble a¢tivttles Expenditureon charitsble activities 85.186 109,890 195.076 NET INCOMEIIEXPENDMIRE) (73.343) 13.699 (59,644) RECONCILIATION OF FUNDS Total ndS twusht ftinvard 137.486 5.969 143,455 TOTAL FUNDS CARRIED FORWARD 64,143 19.668 83,811 TANGIBLE FIXED ASSETS Fixture5 and fittings cosr At l April 2023 and 31 Mar¢h 2024 64.IXJI DEPRECIATION At l April 2023 Charge for year 51246 1.913 At 31 March 2024 53.159 BOOK VALUE At 31 March 2024 10.842 At 31 March 2023 11755 io. DEBTORS: AMOu1s FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors 24,580 24,580 continued..
Notes to the Financial 31 March 2024 CREDrroRS: AMOUIW6 FALLING DUE WITHIN ONE YEAR 2024 2023 Other Creditors So¢ial se¢utity and other taxes Pension control account 2J60 1933 (1.898) 234 I,716 1932 52 12. MOVEMENT INFUNDS Net rnovement in fund5 Transfers At 31.3.24 At 1.4.23 Unrestrict¢d fuDd8 64,142 (78,233) 24.881 10,7 Re5tri¢¢ed funds Restricted 19,669 iJi,094 (24.881) 105,882 TUTAL FUNDS 83,811 32.861 116,672 Net movement in fund4 included in the aTr are as follows: Incoming Resources expended Movemcnt in fi]nds Unrestrlcted tsnds 4.164 (82J97) {7&233) Restrleted funds Restricted 261105 (151,011) 111.094 TOTAL FUNDS 261269 (233,408) 32,861 continued...
Notes to the Finaft¢i31 Statements- ¢ontinued for the YearEnded 20 12. MOVEMENf IN FUNDS- tontiDued Comparatlves for Jnovement In funds Net mov¢[ in fvnds Transfers At 31.323 At 1.4.22 Unrestricted funds 137,486 {73J44) 64.142 Restricted funds Restricted 5.969 13.700 19,669 TOTAL FUNDS 143,455 (59.644) 83,8ll CoD)parative net movement in fund4 included in the Above are as follows: Inwmlng resources Resources expended Movement in fimds Unre5trietsd funds 11.843 {85,187) (73.344) Restrirted funds Rcstrict¢d 123,589 (109,889) 13.700 TOTAL FUNDS 135,432 (195.076) (59.644) 13. RELATED PARTY DISCIA)SURES IIKre wer¢ no related paty transactions forthe year ended 31 MaTcb 2024. Page 10