REGJSTERED COMPANY NUMBER: 15664245 (England Ind Wakn) REGisfERED CHAIUTY NUMBER: 1114219 REPORT OF THE TRUSTELS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR SAATHI HOUSE crr Accountancy Ltd Gable5 Hous¢ 62 Kellilworth Road Le#miDgton Spa Warwirkshire CV32 6JX
SAATHI HOUSE COI¥TENV3 OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Tnte¢S IndepeThdent knmInes Report Statemefrt of Finantlal Activities B2l•nc¢ Sheet Note8 to the Financial Statements 5 to 10 Detailed Statemént of Flnancial Activities 11 to 12
SAATHI HOUSE REPORT OF THE TRuEEs FOR THE YEAR ENDED 31sr MARCH 2025 The tr¢t¢S who are also directors of the charity for th¢ PUTW)sei of the Companies Act 2006. present theiT report with the fitmncial statements of the ¢haFity for the y¢ar ended 31 st March 2025. Thc trustees have adopt¢d the provisions of AOun11llg and Reporting by Charities: Statsment of R¢commendcd Pra1 appli¢able to charities preparing th¢ir a¢counts in accordance with th¢ Flnancial Reporting Standard applicable ID the UK and Republlc of Ireland (FRS IQ2) {effertive l January 2019). srRucfuRE, GOVERNANCE AND MAIYAGEMENr Governinz dotument The charity is controlled by its governing documen¢ a deed of tnisL and constitutes a limited company. limited by 8uarnntee. as defined by Ihe Q>mpanies Act 2006. REFERENCE AND ADMINISTRATJVE DETAILS Registered Company llUMr 05664245 (England and Wale5) Regtstsred Th4rity n•mber 1114219 Regtstered offlet 49 Bcvinglon Road Aston Birniingham B6 6HR Tru¥tees Mr3 M B¢sum Director Mr5 H L Edstrom Irs C A Lyndon MT P Ndountain Mrs S Mukadam Ms A Abdulloh Ms E Zen&fti-Daniels Ms F Ridge (appointed 17.7.24) Independent Examiner c A¢¢ounta7J¢y Ltd Gabk5 House 62 Kenilworth Road t£amington Spa Wanvickshire CV32 6JX Approved by order of tht board of trust¢¢5 on 28th October 2025 and signed on its behalf by: Mrs S Mukadam . Tntee
llNDEPENDE EXAMIIYER'S REPORT TO THE TRusfEES OF SAATHI HOUSE Independent eximKker' report lo the trustees olSAathl House Cthe Company I report to tbe charity tnistees on my examination of the of th¢ Company for the year ended 3 1st March 2025. Responsibilities xnd bsls of report As the charitys tnte¢S of the Company (and Also its directors for the prseS of company lawl you &r¢ re5PO]L8ible for the preparntion of the accounts in ac¢oTdance with the r¢quiT¢m¢nts of th¢ Companies Act 2006 (Ihe 2006 A¢t'). Having sattsfied myself that the accounts of the CompAny are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your ¢harity5 aGwunts as carried out und¢r stion J45 of the Charities Act 2011 (Ih¢ 2011 Acfj. In canying out my examination I have followed the Directions Biven by the Clwity Commission der Section 145(5) (b) of the 2011 A¢L IDdepexdent exmIne$ 8tstement Since yovr charity's gro55 incorne exceeded £250.000 yiwr cxamin¢r Tnust be a member of a listed body. l Gan confllm that I am qualified to undertake th¢ ¢xamitiation because l am a member of the Aswciation of Chartered C¢rtificd A¢count2nts. 1¢h is one of the lisid bodies. J have CQTnpl¢t¢d my examination. l a)nfinn that no mltters have come to my attention in connection with the examination giving me cause to believe: accounting record5 were not kept Iii r¢5P¢Ct Df the Company as required by Section 386 of the 2006 A¢(. or th¢ a¢¢ounts do not accord with those rcrords. or the accounts do not wmply with the accounting requirements of Se¢tion 396 of the 2006 Act other than any requirement that the acwunts give a true and fair view tch is tt a matter considered a5 part of an independ¢nt examination" OT the accounts have D)t b¢¢n prepared in accordance wtth the methods and principl¢$ of th¢ Ststement of R¢comm¢nd¢d Prnctice for accounting and rew)rtiDg by clthrities (Applictble lo chariti¢s pr¢paring their accounts in accordance with the Finan¢ial R¢porting Stsndard applicable in the UK and Republic of Ir¢laDd (FRS 102)). I have concerns and have come across no other matters in connection with the examinAtion to which Attention should bc drnwn in this report in ordfY to enable o propeT understanding of the a¢¢ounts to be r¢ac&ed. Amy O'Keeffe c A*unIOn Ltd Gables House 62 Kenilworth Road Leamington Spa War+vickshirc CV32 6JX 28th October 2025 Page 2
SAATHI HOVSE STATEMENT OF FINANCJAL ACIIVITILS FOR THE YEAR ENDED 31ST MARCH 2025 31J25 Total 31.3.24 Total f•nds Unrestricted Restricted fuDd fund Notes INCOME AND ENDOWMENTS FROM Donv4tions and legacies 3.826 (i) 3,825 4,969 Cbrffitbk *¢lMtles Grants 42.616 249,919 292,535 204,866 Inve5tmeDt incom¢ Other iome 84 1,955 4.910 727 1.955 Totsl 48,481 249.918 298,399 275.472 EXPENDJTURE ON Charitable activitlt8 28210 247548 275,758 216,084 842 2.370 3,212 4,147 Total 29,052 249,918 278.970 220,231 Net 8&ins on invcstment5 38 38 2.715 Nrf JNCOME Other rttognised gAiD51Oos$u) Gainsl(lo$ses) on revaluation of fixed assets 19.467 19,467 57,956 (3.660) mov¢ment In thndj 19,467 19.467 54,296 RECONCILIATION OF FULYDS Total tunds brought forword 477.543 477.543 423.247 TOTAL FUNDS CARRIED FORWARD 497.010 497.010 477.543 The notes forni part of these financial stateme Page 3
SAATHI HOUSE BALANCE SHEET 31 MARCH 2025 31J25 Tot41 funds 31J24 Totsl funds Unrestrictsd R¢stricted fund fund Nol¢J FIXED AssKrs Tangible assets 400,194 12.764 412,958 403,368 CURRENT ASSET3 Debtors Investments Cash at bank 6,609 42.375 103,286 6,609 42.375 350,868 2.682 41,321 265.941 247,582 152,270 247,582 399.852 3119,944 CREDITORS Amounts falling due within one year (55,454) (260,346) (315,800) (235.769) NET CURRENT ASSETS 96,816 (12.764) 84,052 74,175 TOTAL ASSETS LLSS CURRENT LIABILITIES 497,010 497.010 477,543 NET AETs 497,010 497,010 477,543 FUNDS Unre5trictd fiJT¥Js 10 497,010 477.543 TOTAL FU14DS 497,010 477.543 The ¢haritabl¢ ¢ompany is entilled to exemption from audit under Section 477 of the compani Act 2006 for the ye ¢nd¢d 31 sl March 2025. The members havc nol Tcquir¢d the company to obtain an audit of its financial ststements for the year end¢d 3 1st March 2025 in Accordantt with Section 476 of the Companies Art 2006. Th¢ trustces a¢knowl¢dge their yesponsib?lities for (a) en5uriJ)g that the chwitable company k¢¢ps accounting reL¥)rds that comply with Sections 386 and 387 of the compani Ad 2006 and ) preparing fmancial 51atements 1¢h give a true fair view of th¢ stsk of affairs of the cbaritablc wmpany as at the end of each financial Ye and of its surplus or d¢fi¢it for each fin8ncial year in accordanc¢ with the requirements of SectÉons 394 and 395 and which otherwlse comply with the requirrmemts of the Companies Ad 2006 relating to financial stat¢nKnts, so far as applicable to th¢ ¢lwitabl¢ wmpany. These financial statements have been prepared in Jccordance with the provisions applicabl¢ to ¢h8ritable companies subject th¢ small companies regimt. The fin&ncial statements VKre approv¢d by the Board of Trust¢¢s and auihorised for issue on 28th Octob¢r 2025 and were si8n¢d on its behalf by: Mrs S Mukadam . Tnte¢ The note5 forn] part of these financial statements Page 4
SAATHI HOUSE OTES TO THE FINANCIAL STATEMEN73 FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNllNG POLICIES B#iis of prepgrlng the fmAn¢ial ¥tsttments The financiol stat¢m¢nts of the charitable company. which is a public benefit entity under FRS 102. have been prepared in accordance with th¢ Chariti¢3 SORP (FRS 102) 'Ac¢ounting and Reporting by Charilies: Stalem¢nt of R¢commended PrActice applicable to cbarities preparlng their accowits in accordan¢¢ wilh th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Fina11 R¢porting Standard 102 Th¢ Financial Reporting Standthl applicable in the UK and Republic of Ireland and the Companies Art 2006. The fmancial statements have been prepard under the historical Cost convention, as modified by the revaluation of certsin asse IDeome All income is recognis¢d in the Statem¢nt of Financial Activities onG¢ the Charity has entitl¢ment to the fill$. it is probable that the income will be T¢ttiv¢d 8nd the amount be measured reliably. Grant income is recognised in the P¢Tiod it i¢lAtes. Expenditure Liabilities are recognised as expenditure as 500n as there is a legal or constiiKtiv¢ obligation Commifting th¢ charity to that expenditi¢, it is probable that a tran5f¢T of ¢wnomi¢ b¢nefits will be required in settl¢m¢nt and the Amount of the obligation can bc measured reliably. Expenditure is a¢Utea for on an accrnals basis and has b¢en classified under headings that a8te all cost related to the category. Where costs cAnnot be directly attributed to particular headings knve been allocated to artivities on a basis n5]st¢n¢ wsth the use of re50urG¢s. Tnble fixed assets Depreciation is provided at the following annual ratcs in ordcr to wriie off ¢8¢h ass¢t ov¢r its estimated useful lift. Fixtures and fi'ittn8S 151AI on reducing balan¢e The freehold prop¢rty has b¢en measured bad on the T¢valualion mod¢l and 1$ shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is reco8nis¢d in the profit or loss. T*xatioD Th¢ tharity is ¢x¢mpl from ConratiOn tax on its charitable a¢ttviti¢s. Fund accounting Unrestricted funds can be used in accordance with thc tharitable objpAtiv¢s al the dis¢r¢tion of the trust¢¢$. Restricted fund5 ¢an only be used for particular restricted purposes within the objects of the charity. R¢stri¢lions arise specified by the donor or when funds arc raised for particular restricted purposes. Furthw ¢xplan#tion of the nature and purpose of each fund És included in the notes to the finaD¢ial slatements. Pension tosts other post-retirement benefrts The ¢haritable wmpany operates a dered contribution pension s¢h¢m¢. Contributions payable to the ¢h8ritable company's pension scheme are charged to the Stst¢ment of Financial Activities in the period to which they Telat¢. Pa8¢ 5 continued...
SAATHJ HOUSE NOTES TO THE FJNANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31ST MARCH 2025 INVESTMENT INCOME 31.325 31J24 Rcnts received Other ft¥ed L8set inv- UnFII 84 310 4,910 NET INCOMFJ(EXPENDITURE) Net in¢omel{exp¢nditure) is ststed after chargIn(CredIting). 31J.25 31J.24 Depreciation - owmed ass¢ts Deficit on disposal of fixed assets 870 296 205 TRusfEES' REMUNERATION AND BENEFrrs There JKI trwtees. remuneration or other beneffts for the year ended 3 1st March 2025 nor forthe yehr ended 31st March 2024. Truitees, expeiises There were no trustses, expenses paid for the year ended 315t March 2025 nor for th¢ y¢ar ended 3 1st Mar¢h 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL A1VITIEs Unrestricted Restrided fund fund Totsl ruDds INCOME AND ENDOWMENTS FROM DonatioAs and legacies 4.968 4969 Charitable Activities Grants 45,092 219.774 264,866 Inv¢stm¢nt income Other income 4.910 727 4,910 727 TotAI 55,697 219,775 275.472 EXPENDITURE ON Charitsblt *diviÉies Grhnts 216,084 216,084 oiher 456 3.691 4.147 Total 456 219,775 220,231 Net g&irAS on investments 2,715 2,715 Page 6 conlinued...
SAATHI HOUSE NOTES TO THE FINANCIAL STATEMENTS- tonlinlled FOR THE YEAR ENDED 31ST MARCH 2025 COMPARATJVLS FOR THE STATEMEKf OF FIY4ANCIAL AcfivrnES- continu¢d Unrestr&tted Restricted fund fund Total NET JNCOME Other recognised g*lnsl(losses) G¥ins/(losses) on revgluation of fixed assets 57.956 57.956 (3.660) (3,660) Net movement ID fundJ 54,296 54296 RECONCILIATION OF FUNDS Total funds brought forward 423247 423,247 TOTAL FUNDS CARRIED FORWARD 477.543 477,543 TANCIBLE FIXED ASSETS Flitures and ttkngs Freehold property Comput¢r equlpment Tots co OR VALUATION At 1st April 2024 Additions 4,000 294 3J05 10.460 403,599 10.460 At 3 1st Mah 2025 400.000 294 13,765 414,059 DEPRECIATION At I st April 2024 Charge for year 66 34 J65 836 231 870 Ai 31 March 21J25 i( i.ooi NET BOOK VALUE At 3 Isi MuGh 2025 400,000 194 12,764 412,958 At 3 1st MArch 2024 400,000 228 3.140 403,368 Included in cost or valuation of land and buildings is freehold land of £400.1)00 (2024 - £400.000) leh is not depreciatsd. Cost or YJluation at 3 1st March 2025 is repr¢s¢nt¢d by: Flxtures and ritting3 Freehold PrOrtY Computer equfjpment Tots Valuation in 2023 Cost 391,750 8,250 391,750 22,309 294 13,765 400.oIXI 294 13,765 414,059 The property gifted by The Church Group in 1977. The property W4$ valu¢d by Principal Home$ on 25th J8miary 2023. Pa8¢ 7 ntinu¢d...
SAATHI HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 DEFTORS: AMOUN15 FALLING DUE WJTHIN ONE YEAR 31.325 31J.24 Other debtors Prepayments and accrued incom¢ 6,048 561 2,078 604 6,609 2,682 CURRENT ASSET INVEMENTs 31.3.25 31J.24 Listed investments 42.375 41,321 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31J25 31J.24 OtheT ereditors AccTua15 and d¢ferTcd income (249) 316,049 1,309 234.460 315.800 235.769 10. MOVEMENT IN FUNDS Net Jnfrvemtnl in fvn(L* At 31J25 At 1.4.24 Ullre8¢rlrte -} fpnds General fund 477.543 19.467 497.010 TOTAL FUIYDS 477.543 19.467 497,010 Net movement in fuDd5, included in the alx)ve are as ftlllowg: Incoming reJources Resources expended Gains and Movemwbt in funds Unrestricted funds General ftmd 48,481 (29,052) 38 19.467 Restricted fuHd8 Reytricted Fund 249,918 (249.918) TOTAL FUNDS 298.399 (278,970) 38 19,467 Page 8 continued...
SAATHI HOUSE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 MOVEMENf IN FUNDS - eontinu¢d Comparalivu for mgvement in funds Net movement ID funds At 31J24 Al 1.423 Unregtrficted fullds General fid 423.247 54296 477J43 TOTAL FUNDS 423247 54,296 477,543 Comparative net movement in fimd& included in thc abov¢ 4r¢ a$ follow5., Jn¢omiDg Mour¢¢s Resourees txpended G*lns and Movtment funds Unrestrlcted funds Gentrnl fill 55.697 (456) {945) 54,296 RHtrlcted funth Restricted Fund 219,775 (219.775) TOTAL FIINDS 275.472 {220,2311 (945) 54,296 A current year 12 months and PTior ycar 12 moJ]ths )MbIned position is as follows: Iyet movement in funds Al 31J.25 At 1.423 UnT¢Strlc¢ed fmnds Gencraj fillmi 423247 73,763 497,010 TOTAL FUNDS 423,247 73,763 497,010 A CUTr¢nt year 12 months and prior year 12 months Combined nct movement in funds. included in th¢ abov¢ 8r¢ as follows: Intoming resources Resourees pended Galns and Movement In funds Unrutric¢ed funds General fimd 104.178 (29,508) (907) 73,763 Re5trltthd funds Restricted Fund 469,693 (469,693) TOTAL FUNDS 573,871 (499.201) (907) 73,763 Page 9 continued...
SAATHI HOUSE NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31ST MARCH 2025 11. RELATED PARTY DISCLOSURES There were no related party tran8actions for th¢ year ded 315¢ PAarch 2025. Page io
SAATHI HOUSE DETAILED STATEMENT OF FINAI¥4CIAL AcllviTIKS FOR THE YEAR ENDED 31 MARCH 2025 31J.25 31J24 INCOME AND ENDOWMENTS Donations and kpties Donations 3.825 4.969 Inve5tmenl ioeome Rents received Other fixed asset inv- UnFII 4,600 310 84 84 4.910 Cllble J¢ilvlik$ Grants 291535 264,866 Other iDeome Interest r¢ceivable 1,955 727 Total Intomlng resourees 298,399 275,472 EXPENDITUR Chritable ctlvltki Projttt wsts 155.781 96,776 Oiher Equipwient hire anageilienl eharges Loss on sale ot tangibl¢ fix¢d assets 2.370 546 296 3,691 456 3.212 4.147 Supp)rt costs Man*gemeDt Advert15ing Consultancy 49 33,89Y) 20.046 20,046 33,939 Inforniation ttthnolo£y Rq)airs and rencwals Compurer expense$ 17.396 3,075 14,421 3.146 20,471 17,567 Human re80urce8 Wages Pensions Insurance Light and heat C4ryi¢d foTward 62,425 1,017 2,051 7,546 73.039 52,588 681 1,996 7,913 63.178 This pag¢ does not fo part ofthe statutory financiaI statements Pase 11
SAATHI HOUSE DETAILED ATEmE1r OF FINANCIAL A[VITIEs FOR THE YEAR ENDED 31ST MARCH 2025 31JJS 31.3.24 Human resourus Brought forward Telephone Sunthie5 Travelling Depreciation oftangible fixed 8ssets 73.039 22 143 2.549 869 63,178 382 458 775 206 76,622 64,999 Govtrnante costs Accountanoy ftes gal fe¢5 2.838 2,592 2.838 2,803 Totyl resouwes expended 278,970 220,231 Net Intome before zains losses 19,429 55241 Reallxd r¢eozDts¢d galng •nd lo$ Realised gainslO05ses) on fixed ass¢t inv¢slm¢nts 38 2,715 Net income 19,467 57,956 This page does nol forni part of the statutory financial stakments Page 12