Reg18tered Charlty Number 1115416 Reglstered Company Number 05843459 Ravidassia Community Centre Report and Accounts 31 March 2024
Ravldassia Community Centre Report and accounts Contents Page Company Information Trustee's Report Statement of trustees, responsibilities Examiner's report Statement of Financial Activities Balance sheet Notes to the accounts io-ii 12-15 Detailed Statement of Financlal Activities 16-17
Ravidassla Community Centre Company Inforniation Dlrectors Mr P Toora Mrs M Kamal Secretary Mrs P Sidhu Accountants Hargreaves Owen Ltd Red Sky House Fair¢lough Hall Halls Green Herts SG4 7DP Bankers Natwest Letchworth Garden City Branch Stallon Place Letchworth Garden City Herts SG6 3AL Reglstered office 2 Knowl Piece Hitchin Herts SG4 OTY Charlty number 1115416 Company number 05843459
Ravldassia Communlty Contre (Reglstered number: 05843459) The report of the trustees for the year ended 31 March 2024 The trustees present their 8nnual report and accounts for the year ended 31 March 2024. The board of trustees are satisfied with the perfomance of the charity durfng the year and the position at 31 March 2024 and consider that the tharty Is in a strong position to continue its activities during the coming year, and that the charitys assets are adequate to fulfil its obligations. Name. registered offlco and constitution of the charlty The full name of the charity Is Ravidassia Community Centre. Company Registration Number 05843459 The Reglstered Offlce is Charity Reglstration Number 2 Kr#)wJ Piece, Hltchin, Herts SG4 OTY 1115416 The tslephone number Is 01462 442877 Obhctives and Actlvltios of the Charity The Object of Ravidassla Community Centre is.. To consistenlty strive towards fulfilling Ihe needs of a multicullural sociely. Summary of main actlvltles of the charfty in relatlon to fts objects The Ravidassia Community Centre continued to meet the social and cultural needs of the local communty, to improve quality of life, and to encourwJe integration. The Cenlre functions in partnership wlth various organisations, including the North Herts College, the Poli, North Herts District Council, Hertfordshire County Council and varfous other statutory and voluntary agencies. The Centre arranged events for the community and has been recognised for its endeavours. More specifically, the main activities of the charity are as follows: Luncheon club Music classes Dance classes Poelry recital and plays Stories from dlfferent ethnic and national backgrounds and infonnation about differenl cultures Support for marital and domestic problems Aromatherapy Fire safety and security Legal servlces
Ravldassia Communlty Centro (Registered number: 05843459) The report of the trnstees for the year ended 31 March 2024 GOVERNANCE Ravidassia Commun 2006, having prevk)us Center was legalty formed as a fimited registered company in June been run as an unincorporated charty. The line up of the Board of Trustees is currenty". Mr L Chand Dr R Chand Mrs S Toora Mr M Lal Toora Mrs V Mann Mr M Mann Mr R Kumar Mrs P Sidhu Mrs S Mehar Mrs T Kaur Mr S Mann Mrs S Devi Mr V Mehar DIRECTORS The Directors holding office in the period of the accounts were: Mr P Toora Mrs M Kamal The Company being limited by guaranlee, there is no directors, interest in share capital. The Directors of the Company have no interest in any contract wilh the Company nor do they receive any remuneratlon for their service or personal expenses. All Dlreclors receive an induction through discussion with the Board and Directors are encouraged lo Join sub-commlttees and spend lime with staff. Flnanclal Review RESERVE POLICY We recognise that reserves must be keep at a reasonable level in relation to the overall turnover of the organisation. For the financial good health of the Centre and the sustainability of the organisation we deem prudent to keep reseNes of not less than three month's operating costs. RISK POLICY The Directors have reviewed the major risks to which the Charity is exposed and systems have been established to mitigate those risks. INVESTMENT POWERS The Board has power to invest funds not imn*diately required for operational purposes in such conrn8, se¢urilies or properties as it thinks frt, subject to ary restrictions within Ihe Memorandum and Articles of Associalion.
Ravidassla Communlty Centra (Reglster•d number. 05843459) The report of the trustoes for th• ar ended 31 March 2024 Avallability and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Transactions and Financialposition The financial statements have been prepared in accordan with Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to chaiities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. As stated In Ihe introductlon to this report, the trustees consider the financial performance by the charlty during the year to have been satisfactory. The Statement of Financial Aclivfties show net profrt for the year of of £2,607 and net realised outgoinglincoming resources of a capital nature of £NIL, making net overall realised delkit resources of £2,607. The total reserves at the year end after accounting for unrealised losses and after revaluing investments of £NIL stand at £108,055. Specific changes in fixed assets There have been no movements in fixed assets. The company is Ilmited by guarantee and therefore has no shale capital The mombors of tho Board of Trustees of the Charlty durfng the year ended 31st March 2024 were :. The trustees in office at the date the report was approved were the same as those in office during the year. Mr L Chand Dr R Chand Mrs S Toora Mr M Lal Toora Mrs V Mann Mr M Mann Mr R Kumar Mrs P Sidhu Mrs S Mehar Mrs T Kaur Mr S Mann Mrs S Devi Mr V Mehar All the directors of the company are also trustees of the charty, and their resp)nsibilities indude all the responsibilities of directors under the Companies Acts and of trustees undw the Charities Act 2022.
Ravidassla Communlty Centre {Register•d number: 05843459) The report of the trustees for the year ended 31 March 2024 The Directors (who are also the charws trustees) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Generalty Accepted Accounting Practice. Company law requires the Directors to prepare financial statements for each year which give a true and fair view of the state of financial affairs of the company and of the profit and loss of the company for that period. In preparing those financial statements, the Directors are required to: select suitable accounting policies and then apply them consistently: make judgements and estimates that are reasonable and prudent: and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. stste whelh8r applicable accounting stsndards and statsments of recommended practlce have been followed , subject to any material departures disclosed and explained in the financial statements. The Directors, as trustees, are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and lo enable them to ensure that the financial statements comply not only with the Companies Act 2006 but atso the Charities Act 2022. They are also responsible for safeguarding the assets of the charty and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. In all the activities undertaken by the Company, the Directors In their role as charity trustees have been mindful of their statutory duty to take into account the guidance on public benefit set out in PB1 Charities and Public Benefit - The Charity Commission's Guidance on Public Benefit. The directors consider that for the year ended 31 March 2024, the company was entitled both to an exemption from a statutory audit under section 477 of the Companies Act 2006 and under section 144 of the Charities Act 2011 (Revised 2022). However, the Charities Act 2011 (Revised 2022) does require an independent examination arKI accordingly. the directors have appointed Trina Haggerty of Hargreaves Owen Ltd as Independent Examiner. In accordance with company law, as the charitable company trustees, th8 Directors certlfy that: •so far as they are awar8, Ihere is no relevant information of which the charitable companys independent examiners are unaware; and •as the truslees of the charitable company, they have taken all the steps that they ought to have tsken as directors in order to make themselves aware of any relevant information and to establish that the company's independent examiner is aware of that information.
Ravidassla Communlty Centre (Registered number: 05843459) The report of the trustees for the year ended 31 March 2024 M•thod of proparation of accounts The trustees, in their capacity as directors,state that the accounts have been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 relating to small companies. Mr PToora Director Mrs P Sidhu Secretary and Trustee
Independent examlnerfs report to the trustees of Ravldassla Community Assocoation I report on the accounts of the company for the year ended 31 March 2024, which are set out on pages 9 to 17. Respective responsibilities of truslees and examiner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider Ihat an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myselfthat th8 charity is not subject to audit under company law and is eligible for Independent examination, it is my responsibilty to: examine the accounts under section 145 of Ihe 2011 Act (revised 2022) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act (revised 2022) • to state whether particular matters have come to my attention Basis of independent examinerfs report My examination was carried out in accordance with the 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 indudes conslderation of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conc8ming any such matter8. 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 accounls present a 'true and fair view, and the report is limited to those matters set out in the next stalement.
Independent examinerfs report to the trusteos of Ravidassla Community Associatlon Independont examinerfs statement In connection wlth 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 386 of the Companies Act 2006 and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met or (2) to whlch, in my opinion. attention should be drawn in order to enable a proper understanding of Ihe accounts to be reached Trlna Haggerty FCCA Hargreaves Owen Ltd Chartered Certffied Accountsnts R8d Sky House Falrclough Hall Halls Green Weston Herts SG4 7DP The date upon which my opinion is expressed is."
Ravldassia Communlty Centre (Regl8t6red numb•r: 05843459) statoment of Financial Actlvitleg for the lear ended 31 March 2024 Unrestrlctsd Funds Restrlded Fund8 Total Funds Last Year Total Fund8 2024 2024 2024 2023 Incomlng r•sour¢es fmm g•nerated fvnds Voluntary Income Actlvitios for generating funds Investsment Income 18,963 15,970 137 18.963 15,970 137 14.241 6.836 Total In¢omlng resources 35,070 35.070 21,'OTI Co$ts of ¢harftable aetlvitles Governanoe costs 31,963 500 31,963 500 14,678 500 Total resources exponded 32.463 32,463 15.178 Not outgolng resources before transfers between funds Net outgolng rosource$ beforn Other recognlsed galns and1088es 2,607 2.607 5.899 2,607 2,607 5,899 Net movement In fund8 2.607 2,607 5.899 Reconclllatlon of funds Total funds brought forward 105,448 105,448 99,549 Total Funds carried forward 10&055 108,055 105.448 The net movement in funds referred to above Is the net incoming resources as defined in the Slatement of Recommded Practlce for A¢xounting and Reporting issued by the Charty Commission for Engk3nd & Wales and is re(ncIled to the lotal funds as shown in th8 Balan Sheet on page 10 88 required by the said sL9tement. All activltles derfve from contlnulng operallons Thé notes on pages 12 to 15 forni an Integral part of these accounts.
Ravldassla Communlty Cèntre (Reglst•red number". 05843459) Balanu Sheot as at 31 March 2024 Notss 2024 2023 Th• ••sets and11obllltles of the eharlty." Flx•d assets Tanglble asset8 73,502 76.888 Tot•1 ffx•d assets 73,502 76.888 Curr•nt assets Cash 81 bank and In hand 35,053 29.060 Credltor•:. amounts due within onè year (500} (500) Neteumtassost 34.553 Total aMots hss eurr•nt Ilabilitl•s 108,055 105.448 N•t assets includlng ponslon 88¥Ot I Ilablllty 108,055 105.448 Th• funds of th• eh•rlty.' Unrtslrfctod Ineoma funds Unrestricted revenu8 ac¢umulal8d funds Designaiéd revenue fund8 Dèsignated fixed ass8t funds 108,055 105.448 Total unrgstrlcted lund$ 108.055 105.448 R•sIr1¢t In¢om• fund8 Restri¢t&d revenue accumulated funds Restrlct•d ¢apltal fund$ Total r•rfeted fund$ Total charity fund8 108,055 105,448 The company Is entitlad to exemptlon frcth alit under Section 477 of the Compan$ Act 20C6 for the year ended 31 March 2024. The Mem hav8 not required tho company to obtsln an audit of its fin8nclal statements kn the year eth 31 March 2024 in aCrdanCe with Sèction 476 ofthe Companies Act 2006. The directors a(nowledgg thelr respolbIlItieS for. (a) er*uriNJ that th8 company keeps a¢wUnti rgcords whth compty wtth Sections 386 and 387 of tt Ccthpanl8s Act 2006 and (b) prnparlrKJ financi81 statements whth giw a true and fair vlèw of the state of affairs of (x)mpany as at the end of ea¢h finanrial year and of Its profft or loss for each financial year in accordance the requirements of Section 394 and 395 ar•J vthich othephise comply wth the requirem8nts of the Companies Act 2008 relating to financial statements, so far as 8Kplic8bl8 to the company. finandal Statements have been prepared In accxJrdanc8 wlth the pro10$ of Part 15 of th8 Companies Act 2006 relatiTvJ to small Companies. io
Ravidassla Community Centre (Reglstered number: 05843459) Balance Sheet as at 31 March 2024 The financial statements were approved by the director on and were signed by: Mr P Toora Director AJA, Mrs P Sidhu Secretary and Trustee The notes on pages 12 to 15 forni an integral part of these accounts. 11
RavAdassla Communlty Centre (Reglstered number 05843459) Notes to the Accounts for the y•ar onded 31 March 2024 1 Accountlng policl•s Basls of preparatlon of the a¢¢ounts The financial statements have been prepared in accordano 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 on 16 July 2014, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Ihe Charities Act 2022. and UK Generally Accepted practi as it applies from 1 January 2015. Assets and liabilits'es are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy The particular accounting policies adopted are set out below. Accounting ¢onventlon The financial statements are prepared.on a going COnM basls. under the historKal cost convention as modrfied by the revaluation of freehold land and buildings and fixed asset investments. The charity is entirely dependent on ¢onlinuing grant aid and as a consequence the going conrn basis is also dependent on th? continuing grant aid. In¢omlng R•sour¢es In¢oming resources are accounted for on a receivab basis deferred as described below where approprfate. Investment Income Bank Inter8St received Is included on an actual receipts basis. Recognition of Ilabilitlos Lia)ilities are recognised on the accruals basis in accordance with nonnal 8ccounting principles, modified vthere necessary in accordance with the guidan given in the Statement of Recommended Practice for Accounting and ReFOrting (reifjsed June 2008) issued by the Charity Commissioners for England & Wales . Fixed assets and depreciation All tsngible fixed assets are stated at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets {less their estimated residual value ) over their eslimated useful economic lives. Community Centre building 2% straighl line Plant. machinery & vehides 20% straight line Musical Instruments 20% straight line Taxatlon As a registered charFty, the company is exempt from income and corporatK)n tax to the extent that its income and gains are applicable to charitable purposes only. Value Add8d Tax is not recoverable by the company , and is therefore included In the relevant costs in the Statement of Financial Acttvities 12
Ravidassla Communlty Centre (Reglstered number: 05843459) Notes to the Accounts for the yoar ended 31 March 2024 Funds struoture pollcy The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in fvrtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment. Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordan wilh the restrictions placed upon them. There is no formal policy of transfer btheen funds or on the allocation of funds to designated funds, other than that described atx)ve. Any other proposed transfer between funds would be consthred on the particular Circumstan$, Transitlon to FRS 102 No restatement of items has been required in making the transitiorb to FRS 102. The transition date was 1 Awil 2015. 2 Windlng up or dissolutlon of tho charlty If upon winding up or dissolulion of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitableody or bodies having similar objects to the charity. 3 Surplus l (Deficlt) for the flnanclal year 2024 2023 This is slated after crediting Revenue from ordinary activities 35,070 21,077 and after charging:_ Depreciation of owned fixed assets Reporting Accountant's fees 3,386 500 3,386 500 Funds belonging to the charity have not been used for the purchase of insurance to protect the charity from loss arising from the neglect or defaults of its trustees,employees or agents, or to indemnify its trustees,employees or agents, against the consequences of any neglect or default on their part. 4 SLitement that no expenses were pald to trustse8 or connected persons No expenses were paid to trustees or persons connected with them. 5 Investment Income 2024 2023 Bank deposit interest received 137 13
Ravldassla Community C•ntre (Rgglsterod numbér. 05843459) Notes to the Accounts for the year ended 31 March 2024 6 Analysls of support costs An analysis of support costs by activity (App8ndix 2 - page 17) is included in the detailed schedule to the Statement of Financial Activitras. 7 Staff Costs and Emoluments 2024 2023 Gross Salaries Numbers of full Ilme •rnploye•s or full tlme equlvalents Engagad on charitable actfvities 2024 2023 There weré no f88s or other rémuneralion pald to the tTUStee$ There were no employees with 8moluments in exc88s of £60,000 per annum 8 Tangible functlonal fixod ass•ts Frnehold Land and buildlngs Plant, Machinery & Vehl¢les MuslrAI Instruments Total Ass•t ¢08t, valuatlon or revaluod amount At l April2023 160,694 Additions Disposals Surplus on revaluation Al 31 March 2024 9,228 59,337 229,259 160,694 9.228 59,337 229259 Accumulated depreciatlon and Impaimwnt provlsions At l Aprll 2023 84,322 Elimlnated on disposals Deprecialion on revaluatlon Charge for the year At 31 Narch 2024 9,228 58,821 152,371 3,214 87,536 172 58,993 3,386 155,757 9,228 Not book value At 31 March 2023 At 31 March 2024 73,158 76,372 73,502 78,888 516 All assets are used for direct charitable P)0s@S and there are no inalienable or heritage assets 9 Creditors: amounts falling dug within one year 2024 2023 Accrued expenses 500 500 14
Ravldassla Communlty Contre IReglsterad number: 05843459) Notes lo tho Accounts for th• year endod 31 Mar¢h 2024 10 Analys1$ of th• Net MoNTm¢nt In Funds 2024 2023 Net movement in fijnds from Statement of Flnan¢ial ACtiVleS 2.607 5.899 The net resour9 applled on tunctlonal ftxed as88ts repre$ts tre cost of Addition8. 11 Partkular of Indlvldual Funds and analysts of a8••ts and Ilabllltlès r¢pre••ntln9 funds At 31 March 2024 Unrestrlct•d Desiwat•d Rt¥trfded Totsl fund$ fund8 fund• Funds Tangible Fixed Assets Current Assets Current Llabilities 73 35.053 15tio) 108,1155 73,$)2 35.053 (500) 108.055 At 1 Aprfl 2023 Unr¢strlcl•d Deslgnatsd fun Restrl¢ted fund• Total Funds Tanglblo Flxed Assets Current A$5els Current LFabilille5 78088 29,(0 (5fy)) 105,448 76,888 29,060 (500} 105,448 Fund8 at 2023 l&>vem•nts Tran8f•rs in B¢tween as below Funds at 2024 Reserve Fund Unrestricted 105.448 2,607 108,055 105.448 2.607 108.055 Analysis of mov•ments In funds as shown In the table above Incomlng Oirtgolng Resour¢eB Resources Galns & Lo$$es Movement In funds Unrestricted 3S,070 32,483 2.fA17 12 Endowment Fund• charity had no endowment fvnds in ts Jtar entsd 31st Mch 2024 or In the >Egr en(kd 31st March 223 13 Shar• Capltal The ch•rlty Is inwrporated undar the Cornphrles Act 1985 ar#J Is lTrmited by guarantee. each mwnter havin9 undertaken lo contrlbule such amounts not ex¢eedry one a5 may be requlred In the event of the company bekng wound up whilst he or she ts still a memberor ¥thI} one yw theTralknr There ar8 15 membgrs ofthe ¢ompany12023 - 15 mombs)
Ravldassi• Communlty Cenh (Reglstored numbor.. 05843459) Appondlx 1 Analy61s of Total Incomlng & Outgolng Resource$ by A¢tlvlty for th• yoar ended 31 March 2024 2024 Total 2023 Total Fundralsing Incomlng resources from generated fiinds Voluntary Income A¢tiviti8s for generatlng funds Investrnent Income In¢omlng resources from charhable activltles Other Incomlng Resources 18,963 15,970 137 18,963 14.241 15,970 137 Total Incoming Résources 35.070 35.070 21.077 Costs olgWra0¥ng funds Costs of generating voluntary income Costs of ¢harl¢able aetlvldes 31.963 31,963 14,678 500 5(Kl Totsl resour¢es expgndod 32.463 32,463 15.178 N•t Incoming R080urces by activity 2.607 2.607 5.899 Appendlx 2 Analysls of Total Support Costs by A¢tlvlty for the yèar ended 31 March 2023 2024 Tgtal 2023 T<)tal Fundralslng Nature of support ¢osts Management Finance InfornialK)n Technology Human Resources 31.847 116 31.847 14.576 116 102 Totsl support costs analysed by actlvity 31,963 31.963 14.678 The abovo amounts ar• Shown in th• accounts as Support costs for gen8ratlng voluntary incom8 Support costs for funthalslng trading Support costs for charftable acllvities Support costs fcr grants paid The basls of allocation of costs and the methods used are descrlbed In note 6 to the accounts 16
Ravldassla Communlty Centr• (R•gl•tored number. 05843459) S¢hedule to the Statement of Flnanelal A¢tlvlties far thè ar endéd 31 March 2024 Unr•8ts1¢ted R•strlct•d Fund8 Fund• 2024 Tolal Fund 2024 Prlor Perlod Total Fund8 2023 Volui)tary Incom• Govemm•nt •nd publlc bodl Incomlng r•$our¢•s of a r•venu• natur• Non gov•rnm•nt and non publ1¢ bodi Incomlng r•$oure•s of a r•venu• natur• Donations from members Other donatlons Grants Total Total GranLega¢s9¥ & Donatlon8 Recoiwd 18.916 18,916 10.641 200 4400 14.241 14241 47 18.963 18.963 47 18.963 11963 Total Voluntary Incr4ne 18.963 1&963 14,241 Temporary letting and Ilcenslng of chitable property 15.970 15,970 836 Total of actlvltl•s forg?n•rnllng funds 15,970 15.970 6,836 Investrnent Incorne 137 137 Total Incomlng R•$ourcoS 35,070 34070 21,077 EXPENDrruRE IAana9ement and adrnlnlstratlon costs In support of ¢haiitable •cUvlties staff Costs In supportof charitsble •cllviti S*ries-AdminlstratestaIF Premises Costs Water ratss Insurare Lm heat andtslephone Cleanl Premlses iepairs and renewab Trade Refuse 259 1.638 2.469 266 2.164 1.793 1.638 2.469 23.106 246 27.718 23.106 246 27.71 5.133 447 9,803 General admhi1s1 expenses." Telephone Subscréptlons G1ft5 and donattons Trainlngandwelfare Legalfees Bankcharges 402 35 55 402 35 55 181 343 50 800 13 13 116 13 116 859 102 support ¢ts Oepreclatlon of assets usedfor chalble purposes 3.386 3a86 31.963 3,386 3.386 31,963 3,386 3.386 14,678 Total Support ¢¢)sts 17