REGISTERED COMPANY NUMBER: 05512710 (England and Wales)
REGISTERED CHARITY NUMBER: 1114457
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2025
for
INDIAN HINDU WELFARE ORGANISATION (NORTHAMPTON) LIMITED
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Contents of the Financial Statements
for the Year Ended 31 March 2025
|
Page |
Report of the Trustees |
1 to 2 |
Independent Examiner's Report |
3 to 4 |
Statement of Financial Activities |
5 |
Balance Sheet |
6 to 7 |
Notes to the Financial Statements |
8 to 14 |
Detailed Statement of Financial Activities |
15 to 16 |
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Report of the Trustees for the Year Ended 31 March 2025
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2025.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Structure, governance and management Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
Reference and administrative details
Registered Company number
05512710 (England and Wales)
Registered Charity number
1114457
Registered office
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF
Trustees
Mrs N Singh Consultant
Mr M Mistry Biomedical Science
Mr C D Parmar Director (resigned 1.11.24)
Mr P Singh Director
Miss S Karavadra Trustee
Mrs R Shah Trustee
Mr N Parekh Trustee
Mr S Patel Trustee
Company Secretary
Mrs N Singh
Page 1
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Report of the Trustees
for the Year Ended 31 March 2025
Reference and administrative details
Independent Examiner
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act
2006 relating to small companies.
Approved by order of the board of trustees on 17 December 2025 and signed on its behalf by:
Mrs R Shah - Trustee
Page 2
Independent Examiner's Report to the Trustees of
Indian Hindu Welfare
Organisation (Northampton) Limited
Independent examiner's report to the trustees of Indian Hindu Welfare Organisation (Northampton) Limited ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2025.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection 145(5)
(b) of the 2011 Act.
Page 3
Independent Examiner's Report to the Trustees of
Indian Hindu Welfare
Organisation (Northampton) Limited
Independent examiner's statement
I have completedmy examination.I confirmthat no mattershave come to my attentionin connection with
the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mr David Dawks
Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF
17 December 2025
Page 4
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Statement of Financial Activities
for the Year Ended 31 March 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
26,841
Investment income
2
25,115
Total
51,956
EXPENDITURE ON
Raising funds
17,516
Charitable activities
Temple
-
Weston Favell Parish Hall
12,904
Total
30,420
NET INCOME
21,536
Transfers between funds
9
(63,502)
Net movement in funds
(41,966)
RECONCILIATION OF FUNDS
Total funds brought forward
99,909
TOTAL FUNDS CARRIED FORWARD
57,943 |
Restricted
funds
£
6,609
8,997
15,606
4,784
-
-
4,784
10,822
63,502
74,324
631,222
705,546 |
2025
Total
funds
£
33,450
34,112
67,562
22,300
-
12,904
35,204
32,358
-
32,358
731,131
763,489 |
2024
Total
funds
£
36,350
22,614 |
|
|
|
58,964 |
|
|
|
6,512
127
14,240 |
|
|
|
20,879 |
|
|
|
38,085
- |
|
|
|
38,085
693,046 |
|
|
|
731,131 |
The notes form part of these financial statements
Page 5
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Balance Sheet 31 March 2025
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
6
1,738
CURRENT ASSETS
Debtors
7
2,487
Cash at bank
54,020
56,507
CREDITORS
Amounts falling due within one year
8
(302)
NET CURRENT ASSETS
56,205
TOTAL ASSETS LESS CURRENT LIABILITIES
57,943
NET ASSETS
57,943
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Restricted
funds
£
210,412
195,250
300,011
495,261
(127)
495,134
705,546
705,546 |
2025
Total
funds
£
212,150
197,737
354,031
551,768
(429)
551,339
763,489
763,489
57,943
705,546
763,489 |
2024
Total
funds
£
213,894
195,511
322,155
517,666
(429)
517,237
731,131
731,131
99,909
631,222
731,131 |
|
|
|
|
Thecharitablecompanyis entitledto exemptionfromauditunderSection477of theCompaniesAct 2006
for the year ended 31 March 2025.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Balance Sheet - continued
31 March 2025
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
17 December 2025 and were signed on its behalf by:
Mrs R Shah - Trustee
The notes form part of these financial statements
Page 7
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1 January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicablein theUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
Allincomeisrecognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Fixtures and fittings- 10% on cost
Computer equipment- 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.
Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.
Page 8
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
2. INVESTMENT INCOME
Rents received
Deposit account interest |
2025
£
25,115
8,997
34,112 |
2024
£
21,833
781 |
|
|
22,614 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
2025 |
2024 |
|
£ |
£ |
Depreciation - owned assets |
1,744 |
1,744 |
4. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2025nor for
the year ended 31 March 2024.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2025norfortheyear ended
31 March 2024.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
14,672
Investment income
22,614
Total
37,286
EXPENDITURE ON
Raising funds
5,034
Charitable activities
Temple
-
Weston Favell Parish Hall
14,240 |
Restricted
funds
£
21,678
-
21,678
1,478
127
- |
Total
funds
£
36,350
22,614 |
|
|
58,964 |
|
|
6,512
127
14,240 |
Page 9
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
£
£
Total
19,274
1,605
NET INCOME
18,012
20,073
Transfers between funds
(133,910)
133,910
Net movement in funds
(115,898)
153,983
RECONCILIATION OF FUNDS
Total funds brought forward
215,807
477,239
TOTAL FUNDS CARRIED FORWARD
99,909
631,222
6.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
and
Computer
property
fittings
equipment
£
£
£
Cost
At 1 April 2024 and 31 March 2025
210,412
17,434
1,401
Depreciation
At 1 April 2024
-
13,952
1,401
Charge for year
-
1,744
-
At 31 March 2025
-
15,696
1,401
Net book value
At 31 March 2025
210,412
1,738
-
At 31 March 2024
210,412
3,482
- |
Total
funds
£
20,879
38,085
-
38,085
693,046
731,131
Totals
£
229,247
15,353
1,744
17,097
212,150
213,894 |
Total
funds
£ |
|
|
20,879 |
|
|
38,085
- |
|
|
38,085
693,046 |
|
|
731,131 |
Page 10
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Associated company loan
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Tax
9.
MOVEMENT IN FUNDS
At 1/4/24
£
Unrestricted funds
Revenue reserve
57,530
Revenue 3 year contingency
30,000
Weston Favell Parish Hall
12,379
Navratri 3 year contingency
-
Chai & Chat
-
99,909
Restricted funds
Temple
631,222
TOTAL FUNDS
731,131 |
Net
movement
in funds
£
4,910
-
10,466
5,098
1,062
21,536
10,822
32,358 |
2025
£
2,487
195,250
197,737
2025
£
429
Transfers
between
funds
£
(62,440)
-
-
-
(1,062)
(63,502)
63,502
- |
2024
£
261
195,250 |
2024
£
261
195,250 |
|
|
|
195,511 |
|
|
|
|
2024
£
429
At
31/3/25
£
-
30,000
22,845
5,098
- |
2024
£
429 |
|
|
|
57,943
705,546 |
|
|
|
|
763,489 |
|
Page 11
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
Revenue reserve
Weston Favell Parish Hall
Navratri 3 year contingency
Chai & Chat
Restricted funds
Temple
Sanatan Mandir
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
18,330
(13,420)
4,910
25,114
(14,648)
10,466
6,696
(1,598)
5,098
1,816
(754)
1,062
51,956
(30,420)
21,536
11,680
(858)
10,822
3,926
(3,926)
-
15,606
(4,784)
10,822
67,562
(35,204)
32,358 |
|
|
Comparatives for movement in funds
Unrestricted funds
Revenue reserve
Revenue 3 year contingency
Weston Favell Parish Hall
Navratri 3 year contingency
Chai & Chat
Asha Deep Project
Restricted funds
Temple
TOTAL FUNDS |
At 1/4/23
£
45,367
30,000
102,530
23,491
8,550
5,869
215,807
477,239
693,046 |
Net
movement
in funds
£
12,163
-
5,849
-
-
-
18,012
20,073
38,085 |
Transfers
between
funds
£
-
-
(96,000)
(23,491)
(8,550)
(5,869)
(133,910)
133,910
- |
At
31/3/24
£
57,530
30,000
12,379
-
-
- |
|
|
|
|
99,909
631,222 |
|
|
|
|
731,131 |
Page 12
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
Revenue reserve
Weston Favell Parish Hall
Restricted funds
Temple
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
15,453
(3,290)
12,163
21,833
(15,984)
5,849
37,286
(19,274)
18,012
21,678
(1,605)
20,073
58,964
(20,879)
38,085 |
|
|
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
Revenue reserve
Revenue 3 year contingency
Weston Favell Parish Hall
Navratri 3 year contingency
Chai & Chat
Asha Deep Project
Restricted funds
Temple
TOTAL FUNDS |
At 1/4/23
£
45,367
30,000
102,530
23,491
8,550
5,869
215,807
477,239
693,046 |
Net
movement
in funds
£
17,073
-
16,315
5,098
1,062
-
39,548
30,895
70,443 |
Transfers
between
funds
£
(62,440)
-
(96,000)
(23,491)
(9,612)
(5,869)
(197,412)
197,412
- |
At
31/3/25
£
-
30,000
22,845
5,098
-
- |
|
|
|
|
57,943
705,546 |
|
|
|
|
763,489 |
Page 13
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
Revenue reserve |
33,783 |
(16,710) |
17,073 |
Weston Favell Parish Hall |
46,947 |
(30,632) |
16,315 |
Navratri 3 year contingency |
6,696 |
(1,598) |
5,098 |
Chai & Chat |
1,816 |
(754) |
1,062 |
|
89,242 |
(49,694) |
39,548 |
Restricted funds |
|
|
|
Temple |
33,358 |
(2,463) |
30,895 |
Sanatan Mandir |
3,926 |
(3,926) |
- |
|
37,284 |
(6,389) |
30,895 |
TOTAL FUNDS |
126,526 |
(56,083) |
70,443 |
TempleFund-IsmoneyringfencedtospendontheKutumbhProject,developingand building
community centre and temple in Northampton.
SanatanMandir-Is buildingpurchasedto work as a temporarytemplewhilstwork continuesto raise
funds for the KutumbhProject.The restrictedtemplefund is to be utilisedto coverthe running costs
of Sanatan Mandir, this building will be sold once the new Temple as been built.
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 14
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Donations
Gift aid
Subscriptions
Investment income
Rents received
Deposit account interest
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fixtures and fittings
Other trading activities
Activity expenses net
Charitable activities
Insurance
Sundries
Repairs and renewals
Support costs
Management
Staff & office costs
Light and heat |
2025
£
-
32,950
-
500
33,450
25,115
8,997
34,112
67,562
1,744
20,556
1,084
30
433
1,547
2,500
8,605
11,105 |
2024
£
1
31,786
3,558
1,005 |
|
|
36,350
21,833
781 |
|
|
22,614 |
|
|
58,964
1,744
4,768
2,163
127
1,544 |
|
|
3,834
2,400
7,098 |
|
|
9,498 |
This page does not form part of the statutory financial statements
Page 15
INDIAN HINDU WELFARE
ORGANISATION (NORTHAMPTON) LIMITED
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
Management
Governance costs
Accountancy fees
Legal fees
Total resources expended
Net income |
2025
£
252
-
252
35,204
32,358 |
2024
£
-
1,035 |
|
|
1,035 |
|
|
20,879 |
|
|
38,085 |
This page does not form part of the statutory financial statements
Page 16