REGISTERED COMPANY NUMBER: 05792654 (England #nd Waleg} REGISTERED CHARITY NUMBER: 1117476 rt f th Tru%¢ san ar Ended 31 December 10 Unau li d FlnaDcial Stal ur *rHth Able & Youn¥ Ltd Chartered Certified Accounlants Airport House Purley Way, Croydon Surrey CRO OXZ
ur *r Hlndu Unlon GHU Ltd Contents of the Flnanelal Statements for the Year Ended 31 De¢ mber 2024 Page Repon of the Trnstr¢5 36 Auditor's Report 79 Stsiuncnt of Financial Activin¢& 10 Balance Sheer Note5 to ihe Finanriul Stai¢menls 131015 D¢tail¢d Staiement of Financial Adivities 161017
ur ar Hindu Union GH Ltd Re ort of the Trustees for the Year End December 2024 Th¢ Iruslees who are also directors of the charity for the purposes of th¢ Coinpanies Aci 2006. present their report with the financial statemenfs of the ¢haiity for the year ended 31 December 2024. The trustees have adopted the provisions or the Statement of Recommended Praclice (SORPI'Accounting and Reporting by Charities, i5su¢d in N4arch 200S. RF.FERENCE AND ADlINIsTRATIvE DETAILS Re lstered Co anv number Istered Chari number Reglstered office 05792654 1117476 Apple Tree Centre. Tfield Avenue. Crawle West Sussex RH I I OAF En Land at)d Wales Mrs Amita (Tina} ee Mr Bharat Lukka Mr Chandu Bhai Na Appointment as the Caterin8 & facility provision, fijnd raising and youth support Company S¢cretary, Finance, Legal, Publicity, Markeiing, Centre Mana ement Chainnan ol'religiou$ aciivilies, education and training Statulory Auditor Mrs Rekha Shah. Able & Young Lid. Chanered Certified A¢¢ouniants, rt House Purle Wa Cro don, sUe CRO OXZ Banks Barcla Natwest.. Ic.. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charity 1$ contmlled by its governin8 document, a deed of m151, and constitut¢5 A limited company, limiied by guarantee, as defined by the Companies Act 2006. The organisation is a ch8rit&ble company limit¢d by 8U8Junlee, incorporated on 24 April 2006. Tbe company was ¢$lablished under a memorJndum of association which clcarly sets its objects. The pow¢r of the Chitable coftipany is governed under its artic1¢5 of associaiion. In th¢ event of the coinpany b¢in¥ wound up, each Trnstee {Governorl membeT guarantees ro contribute £10. for tbe Ve ember 2 STRUCTURE, GOVERNANCE AND MANAGEMENT Recrultment 4nd Appolniment of Bogrd of Dlr¢¢to The directors of the company are also charity tTus¢ees for ihe purpos¢s of chIlY lthw and under the company's ariicles. Elections take place every three years. One ihird of the tn151e¢s Mir¢ by rotation At every third annual general meeting but are eligible to be re-elect¢d at the gen¢ral m¢ctin8. Persons with a ran8e of $kills, experience and commitmenLs &re recruited io serve on the board tsf directors of GHU by following means.. T¢f¢rrals ftom local eonia¢t$ within both the voluntary and 5tstutory Sectors volunleer r¢¢ruitment undertaken by the local voluntrer bureau. r¢¢ruitment of volunt¢ers who ar¢ users of the GHU services. volunl¢er$ who have served in GHU for )t leasi three years. Those persons who are interested in g¢tting involved with the GHU'S work ar¢ initially invit¢d to atlend the board meetings as obs¢Th¢rs and n)eet with one or more bonorary officcrs. Suitable persons are invited to tak¢ part in a fomial ¢lecliotJ proccss held at th¢ AGM #nd subsequently confirnied as GHU'S directorsrtrnstee5.
Gur 'ar Hindv Unlon GH Ltd ort of the Trn5tees for (he Year Ended 31 tk¢em 24 Or%AnlsatlonAI structure Th¢ executive comn)ittee Inay consist of maximum of seven and minTmum ol. Ihr¢e tiill titn¢ governors and up to seven co-opted governors. The "co-opted governor p05ition5 were ¢reat¢d lo enipower individuals within the comniittee lo be more crealiv¢ and take on greater. non-legal respon5ibililies. The governors meet reBularly to discuss and review the financial posilion, the kund- raising strategy and all oiher charity matters. wilh all major de¢i$ions being made at these meetin85. Day lo day matters 15 delcgated to the staff (Shastriji) and volunteers. Rlsk man*gement The irust¢es have a duly io identify and review the risks io which the charity is exposed and to ensure appropria controls are in place to prtsvide reasonable assurance against fraud and ¢Tror. OBJECTIVES AND ACTIVITIES The chariry's objects are supported by the ch8rity'$ activiti¢s. Th¢ objtIveS of the chdrity are,, Promote equaliry at diversity by workins toward5 th¢ elimination of raLial discrimination and to promote equality of opportunkry and good relations beiween persons of ditY¢renl racial groups in Crawl¢y and th¢ surrouiiding arca in partlLular but nol exclusively persons of the Hindu Faith and their fan)ilies. Th¢ r¢li¢f of ihe ¢lderly and women in need in particular but not ex¢lu$ivcly eldcrly pcople and women livin8 in Crawley and the sutTounding area by th¢ provision of a day care centre. To establish a centre and to maintain &nd rnana8e such a ccnlre foT aLIiviiies pronioled in furth¢ranc¢ of the above objects. To advance the understaftding and awareness of the Hindu religion in Crawley and surrounding area. To advance ¢du¢alion and to provid¢ fuciliti¢s in the interesls of social welfare for rreation and leisur¢ time ocLupalion with the obj¢cl of improving conditioThs of life for persons in Cr&wley and the 5urroundin8 are4 in particular but not exclusively persuns of th¢ Hindu Fwth and th¢ir famili¢s. ACHIEVEMENT AND PERFORMANCE GHU wa5 established in 1968 and we fo¢us strongly on servin8 the needs of ihe Indian Community in Crawley but also io inlegraie effttiively into mainstrcam $o¢iely. GHU 5har¢$ the ri¢h cultural, art and spiritual hisiory of India wid¢ly through inter40mmuniiy. social and faith experien¢e5. GHU provides wholistic support and services lo our community ai the siunning Apple Tree Centre. Our viial services ar¢ aimed at children and young p6x)plc. families. old¢r peopl¢, and the disabled lo hclp bring ihe comniunity together. The services we provide include lan8uagc classes. youth clubs, $ports. activitie5 thai fo¢u$ on wellb¢ing, welfare supporl. a drop-in centre for the community. a day-¢gr¢ ¢¢ntr¢ for older people and festivals and visits that promote ¢onimunity involvement. We built our putpose-buili Sanatan Mandir and Communiry centre (SMCC) in 201 O. W¢ are keen to offer a range of services that the community find boih beneficial and spiritually fulfilling.
Gur or Hlndu Union GH Ltd ort of the Trustees For the Year Ellded 31 Decern 2024 FINAL%CIAL REVIEW The $raie of ih¢ ¢harity's affairs as at 31st December 2024 and the resulis of ils operations for the year ended on that date are set out in the attached finan¢ial st¢n7ents. Our toiai income in 2024 was £398.320. the ¢xpenditur¢ was £ 272.833 and th¢ surplus was £125,487. The principal sources of income for the GHU during th¢ year w¢r¢.' Donations {760/DI and Hall Hir¢ (241/50). While principal ¢xpense$ were.. Depreciahon (32Q/o), Tool manag¢m¢nt costs 131 Tr/p). To1 Maintenance for our 14 years old C¢nlr¢ now (7fy/0}, legal and professional costs and bank charges {4lJknl and the Religious Costs {261110). We employ one fvll lim¢ staff mcmb¢r IReligious Worker). some part rime workers (Crafts men, Cleaners) but the bulk of our work is p¢rfom)ed by the dedi¢at¢d volunteers. The trustees a¢knowledge the efforts of their staff, pitTon$, &mbasshdoTS and volwiteers in ihis direction, which has been enhan¢¢d by ihe support of g number of affiliared groups. eserYe• Po Our policy on re$¢rv¢$ is (o ensure thai we have sufficieni funds available io meei our cot)imitmenls and the exectstive Lommitiee will consider designatin8 r¢serve8 for specific purpose where il is necessary in ihe future. For 2024 our reserve fund is £3.220,894 This report has been prepared in accordance with the special provisions of Part 15 ofihe c.ompanies Act 2006 relating to small companies. Approved by order of rhe board of tStee5 on 4K HI bJJ hts Rohii Bhai Patcl stcppcd down. Big thank you to him for his ¢ontributions over many year5. We have welcomed our new Trustce, Tina, a v¢ry ¢ompetent ladytr to take over the vacated rol¢. A letree Cent We work with many local group$ and i'ommunitie$ in the town. One su¢h success story is our collaboraiion wilh Th¢ G4lwick School who use our hall for $ports and holding GCSE exaniination. AII GHU srtS internal activities have bttn normall5 and ¢nhanced for Vtslleyball. Badminton, Yoga and Divas Dance Group. We have also been successful to iniroduce girl's ¢ri¢ket at the centre Indoor CrickeT nets have been installed wilh the support from Sus5cx County Crickei Club. 18 Sussex clubs will practice at the centre We have installed new CCTV. Surround sound sysl¢m and screens in the Mandir and Dharnecha suite. We have subinitted at) extension adjoining the Hall for planning appli¢alion. This will be a two slory building with dinning, w¢lfgre facility w]d classrooms. We have Tcmoval the Wlxmlen decking conne¢tin8 the h?11 and the kiiehen. This w#$ nttessary for safety r¢asons. We have in)proved cai park lights and signagc Wesi Susscx Counry Council has kindly installed signs to "Apple Tree Centr¢ and Sat]atan Mandir, on A23. Gift aid we r¢Geive from the Govcrnm¢n¢ has be¢n updated We have repaid all in(eresi4)euing loan5 Wlth the help of interest frec loan tron) members. This has redu¢¢d our monthly outlay on Inte5¢ to Tjil. We have successfijlly intrcdu¢¢d working par¢nership with Effingham Park Hotel for social evenis We have updat¢d the website and enhanced dItal markeiing io Tedu¢e print and postage costs.
Reli W¢ c¢lebrated 30 events al the Mandir with excellent support from the public. We introdu¢¢d more aciivities for youngsters, like Children's garba Our Shastriji is working hard and supporting members as and whcrh required rin We once again re¢¢ived 5-stsr Taiing foT Food Hy8iene Ratings from Crawley Borough Council We beld food safety cour5¢s for our volunteers The food we make and swv¢ at the Centre has Fe¢eived very positive feed back School eduLation visit prograrnme has improved We had 30 visits frorn schools with up to 90 ¢hildren last year Bharar Lukka- Se¢retary STATEMENT OF DIRECTORS RESPONSIBILITIES The trustees are reswnsible for pr¢parin8 th¢ trust¢¢s Report and thc financial Statements in e0rdance with applicable law sand regulation. Company14w requires ¢h¢ rn1ste¢s to PTepare financial siaiements for each financial year. Under that law the directors have ¢Ired to pr¢pgr¢ the financial staments in a¢¢ordance with United Kingdom GLner8lly Ao¢epted Accounting Pra¢iic¢ (United Kingdom A¢eouniing Siandards and applicabl¢ law). Undcr cornpgJ)y law th¢ directors musl not approve the financi81 stat¢m¢nts uftless they are satisfied ihat they Bive & te and fair view of ihe 518te of offairs of rhe company and of the profit or loss of the compdny for that period. In preparing those finAncial sIAtements the directOTS are required io.. -S¢lect 5uilable a¢unTIng policies and then apply them consistently -make jud8¢nients and accouniing estimates that are reasonable and prudent -Prepr4re the financial statemenrs on the goin8 conc¢m b¥sis unless il is inappropriate to presume ihal the company will coniinue in business. The trusiees are responsibl¢ for keeping adequate ac¢outsting records thot dis¢los¢ with reasonable accura¢y ai any time ihe financial position of th¢ company and enable them ¢0 ensure chat Ihe financial statrmenis Comply with th¢ Comparties Aci 2006. They are also responsible for safcguarding th¢ gssets of th¢ company and hence for taking reA$onoble sieps for ihe pr¢v¢ntion and detection of fraud and other Irr¢gul8riti¢$. DISCLOSURE OF INFORMATION TO AUDITOR The trusiees who held office ai ihe date of approval of thi1& direLtors report confirm that. so far as they are each aware, thC is no relevani audii inforniation of which th¢ Compmny's auditors are unaware, and each director h85 taken all the step5 thal they oughi io have tak¢n as a direcior io make (h¢mselves aware of any relevllnt audit infonnation and to estsblish that the Company'5 auditors are aware of that inforniation AUDITORS During the period. Able & Young Ltd a¢ted as auditor to the company. A resolution to reappoint Abl¢ & Young Ltd will be pul to the forthcomin£ Annual G¢n¢r&l Meeting. The Teport ofthe Iruses hLs been prepared in accordance with th¢ 5cIal provisions within Pan 15 of the Companies Act 2006. Approved by order of ihe board of trustees on 2QaaL*ned on its b¢half by: Bharat Lukka- Trnstee
Gur ar Hlndu Unlo GHU Ltd Inde endent Auditori, rt ort to t Hin nion GHU Lld Opinlon We have aud?i¢d the finan¢ial staiemenis of Gutjar Hindu Union (GHUI Ltd (the 'chaTitable company,) for th¢ yeaT cndd 31 Dec¢mber 2024 which coniprise the Slaten)ent of Financial Acrivi(i¢$, the Balance Sheet and note5 to the financial slatements, including a swnm&ry of sigllificant accounting policies. The financial reporting framework thai has been applied in their preparaiion is applicable law and Uni(ed Kingdom Accouniing Standards {United Kingdom Generally Accepted Accounting Pra¢ii¢el. In our opinion the financial statements.. give a true and fair view of the sLlle of the chariiable company's affairs as at 31 De¢¢mber 2024 and of lis incomin8 Tesour¢e% and application of resources, in¢ludinE its income and ¢xpendiNre, for th¢ year then ended; have been properly prepared in a¢COrd¢t wilh United Kingdom (ien¢rally A¢c¢pt¢d Ac¢ouniing Pra¢ti¢e' and Have been prepared in a¢cord&n¢¢ with the requirements of ihe Companies Act 2006. Bsls for oplnlon We conducted our audit in accordan¢¢ with Internaiionol Sthndards on Auditing IUKI IISAS (UK)) and applicable law. Our responsibilities under th05C Stiiiidards are further d¢$crib¢d in th¢ Auditors, Tesponsibililies for the audit of the financial statements section of our report. We arc ind¢p¢nd¢nt olth¢ charitable company in accordaD¢e with th¢ ethical requirements that ar¢ r¢l¢vant to L)ur audii of the financial $tatcm¢nt$ in the UK, includin8 the FRC'S Ethical Siandard, and we hav¢ lfilled our other ethical responsibilities in accordce with t]?e5e requirements. We believe thai the audii evidcncc we have (>b¢ain¢d is suffi¢i¢nt and appropriaie lo provide a basis for our opinion. Conelusionl rellin% to ioln% ¢onc¢rn In auditirbg th¢ financial sialenienis. we have concluded (hat the irustees, use of ihe 80ing concern basis ofa¢countin8 in ¢h¢ preparation of tii¢ tin&nciE41 slalements is appropriate. Bas¢d on the work we have perfom)ed. we have not ideniified any material unceriainiies relatin¥ to events or condilions thgl. individually or collectively, may cast $18nificant doubt ort the chariiable company's ability to continue a5 a going concern for a p¢riod of ai I¢t iwelve months froni when the financial staienients are auihorised for issue. Our r¢sponsibiliti¢s &nd th¢ responsibilities of the tru$t¢es with respect io going eoncern Are described in the relevant sections of this report. Other Informatlon The Irust¢¢s ar¢ r¢$pon$ible for ihe other inforniation. The other infornialion comprises the infoTmation included in the Annual Report. orh¢r than the financial st8t¢menlS and our Repon of the Independent Auditors ther. Our opinion on th¢ finAn¢ial $iatements do¢$ noi cover ihe other inforniaiion and, except lo thc exteDi othenvise explicitly siat¢d in our report, we th not express any forni of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the oth¢r inforniation and, in doing so. consider whether ihc oiher infom)aiion 15 mgteriolly in¢onsist¢nt with th¢ fmancial s¢atcm¢nts or our knowledge obtained in the audit or otherwise appears to b¢ materially rnisslated. If w¢ id¢ntify such mat¢rial inconsistencies or apparent material niissiaterncn18, we are requir¢d to detertnine wliedier thi$ gives rise to 8 mat¢rial mA&statemenl in the financiAI statemenis ihemselves. Ir, basd on the work we h&ve perfornied. we conclude that there is a material mi55tatement of thi8 other infonnE41ion, we Ire required io report that fKt. We have ntsthing to r0[1 in this regard. Oplnlons on other matters pr¢xribed by the CompAnles Aet 2006 In our opinion, based on the work underfaken in the COUTse of ihe audit.. the information given in ihe Report of ihe Trnstees for the financial year for which the fiT]an¢ial 8tat¢m¢nls are prepared is consist¢ni with the financial 8latements', and The Report of lh¢ TNsie¢s has been prepared in &¢cordance willi applicable legal requirenients. Page 7
Mgtters OD wbicb we are required to report by exception In the light of the knowledge and understanding of the charitsble c4>mpany and its environmeni obuined in the course of the audil, we hav¢ not ideniified malerial missl&tements in the Report of the Trustee5. We have nothin8 to report in re4Kci of the following rnattcrs whcre the Conipanie5 Act 21)06 rwuir¢s us to report to you if, in our opinion: adequate a¢couniin8 re¢ords have not been kept or rett$ adequatr for our audit have not been ye¢eiv from branches noi visii¢d by us" or the financial si&temenLS ore noi in agreement with the accourtiing records and returns. or ¢ertain disclosures of tntsrees. remuneration specified by law are not rtwle,. or w¢ have not received all the infom)ation and explanaiions we require foT our a111. or The Itust¢es were llot eniiiled io Mk¢ advantage of the sm311 company's exempiion from the requirement to prepare a Stratrgje Report or in prepanng the Report of the TrusM. Re$pon$Sblllties of trustt As ¢xploined more hjlly in the S¢aternent of Tn1$, Responsibilities, Ihe lrnstee5 Iwho are also the directors of the charitable Company for the purposes of Company lawl ate responsible for the preparaiion of the financial statemcnts and for being sausfi¢d thai they give a uue and fair view. and for such inTernal control as thc trusiees deierniine is necessary io enable the preporanon of fmancial statemcnLS thai are free from material misslatenient, wt)cther due 10 fraud QT ¢rror. In PTeparing the farteI teMents. the trusrecs are re4Jonsible for assesskng the charitable company's ability to continue as a going ¢on¢ern, disclosmg. os applicable, rnattcrs related io going concern and using the going concern basis of accounting unless the trustees either intend to liqumlate the chariTable compaJ]y or to cease operations. or havc no realislic altemlltive but to do so. Our responslbllltles for tht #udlt of the fbn•D¢ial statements Our obj¢ctiV¢g are to obtain Teasonable &ssurdnce aboui whether the financial sl¢ments as a whole 8Te free from mal¢rial misstatement. whether due to fraud or em)r. and to issue a ReEK)Tl of th¢ Independeni Auditors that includcs our opinion. Reasonable assurnnLe is a high leN'el of assurance. bul is not Y4 guaraniee Ihal an audil conductcd in accordance with ISAS IUKI will alway5 deie¢i a maierial mIsslen1eTrl when li exists. MissleMen ¢an arise from fraud or error and are consid¢red material if. individually or in the aggFegaie. they could r¢asonably be ¢xpecl¢d inlluence the e¢onomic decisions of users taken on ihe ba$1$ of ihese financial SleMents. lffegulariti¢s. includin8 fraud. inslan¢e$ of nonacomplianee with laws and re8ul•iions. We design procedure5 in line with our responsibilities. outlined above. io delect maierial misstsomenis in respeci of itTegularilies. including fraud. The ¢xient to which our procedures are Capable of deteciin8 irre8ularilie& Including fraud is detsiled klow.. Bd upon our nd$randing of the ¢ompny and the indtry. w¢ idenlified thai the principal risk of non-cornpliance with laws and rcgulations related Lo company law applicable in England and Wales, and we considered the extent io which non<omplianc¢ might have a maierial effect on ihe financial 51atemenrs. We also con5idercd those laws and regulations ihai have a dire¢l impact on the prepaTaiion of the financial slJtemenis. Such as ihe Companies Aci 2006 and payroll t&K. We evaluated rnanagcmeni's incentives and oppornJnits¢s for fraudulent manipulation of the financiE41 statcmenis lin¢luding the override of conirols) and d¢t¢nnined thai the princip41 risk was from The oveTTiding of thos¢ ¢ontsols a] rnanagement bias in accounting csum#¢¢s. Audit proc¢dur¢5 included.. - Enquiring with mana8emeni regaTdin8 ¢orrespondence with regulgtors and atsihorilies; - Evaluating managemenl controls designed io preverlt fraud arHI detcct irregularities. Challenging as5umption5 and jud8wnents made by mana8emenl in their critical accouniing es¢imat¢s. A further descriplion of our r¢sponsibililies for the audi¢ of the financial slatemcnts is located on ihc Financial R¢portin¥ Council's website a¢ www.fr¢.or¥.uklauditorsresponsibilhiieK This description fom]s part of our R¢pon of th¢ Independent AuditOT5. Pagc 8
Use of our report This report is made solely to the Lharitsble company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Aci 2006. Our audit work has b¢en undertaken so that we might stat¢ lo th¢ charitable company's m¢mbers those Inalr$ we are required io stste to them in an auditOTS' report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume r¢sponsibility to anyone oiher than th¢ charitabl¢ Cotnpany and the charitable ¢ompany's members as a body. for our audit work. for thi5 f¢poTL or for the opinions w¢ hav¢ fonned. SL£ Rekha Shah (Senior Stawtory Auditor) For and on behalf of Able & Young Ltd Chartered Certified Accout)lants And Regisiered Auditors Airport Ilouse Purley Way Croydon England CRO OXZ Dated.. zozs
Gur ar Hindu Unlobk GHU Ltd tatement of Financial Actlvldes for the Year Ended 31 Decembèr 2024 31.12.24 Tot41 funds 31.12.23 Total funds Unrestrl¢ted fund6 Restriettd funds Notes INCOMING RESOURCES Incoming resources from generAled fundi Voluntary inrorne Investment income Incomlng resources from charltable gctlvlti Religious and socia] functions Edu¢ation and language classes Diwllli show. mela 8rant and OUtdr evenis ¢1 Hall hirc for weddings and other activilies 305,770 8,801 305.770 8,801 236,863 3,721 10,196 10.196 9,413 124 283 Tot#1 in¢ominR resources 398J20 398 J20 374,280 RESOURCES EXPENDED Charli•ble a¢tivities Religious and social functions Education and languAge classes Diwali show, mela and outdoor ¢vcnts Hall hire for weddings and other activilics Govern4nce costs Other re$ource5 expended 25J52 780 25J52 780 19,894 1,643 7.372 239 329 7,372 239 329 7,836 207.157 Totil resourees expended 272,833 2720JJ 236.SJO NET ]NCOMINGI(OUTGOING) RESOURCES 125.487 125,487 137,750 Transfer RECONCILIATION OF FUNDS Total fund• brought forivmrd 3,013,747 81,661 3,095,4(18 2.957,657 TOTAL FUNDS CARRtED FORWARD 3 139234 3 220 894 10
Gllr r Hilldu nlo GHU Ltd B lanee At l Dteember 2024 31.12.24 Total funds 31.12.23 Tolal funds Unwestrleted fundi Re$lrict¢d funds Noies FIXED ASSETS Tangible assets 3,lJ64,744 3.064,744 3,151,928 CURRENT ASSETS Debtors Cash at bank and in hand 7,082 363J79 7,082 449.040 20.565 81,661 374,461 81,661 456,122 470,416 CREDITORS Amounts falling due within one year (299973) (299,973) (362,316) NET CURRENT ASSETSI{LIABILITIES 81,661 156 149 107 9110 TOTAL ASSETS LESS CURRENT LIABILITIES 3,139232 81,661 3,220,893 3,259028 CREDITORS Amounts falling due after more ihan one yeAr (164,420) NET ASSETS 3 139 233 81.601 3 220.894 FUNDS Unrestricied funds.. G¢n¢ral fund 3,139.233 3,013,747 3,139,233 3.lJ13,747 Restricted 6Jnds'. S¥mpooma Seva TOTAL FUNDS 3 220 894 3 095 408 The notes forn] pan of these financial staiements
ar Hlndu Union GHU Ltd heet- continued mber 2024 The directors {trustee51 acknowledge their responsibiliiies for (a) ensuring thai the charitable company keeps a¢¢ounling records that comply with Section5 398 of the Conipani¢s Aci 2006 and the Charities Act 2011 SI 38. preparing financial #tatenienis which give a tNe and fair view of Ihe stst¢ of aflairs of the charitable company as at the end of each financial year and of its surplu$ OT deficit for each finan¢ial year in accord8nce with the requirements of Seciions 394 and 395 and which otherwise comply with ihe requirement5 of the Companies Act 2006 relating lo financial stal¢m¢nts, so far as applicable to the Charitable company, Ib) These financial statements have be¢n prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small chariiable ¢ompanies and with the Financial Reporting Standard for Smaller Entiiies {effecfiVe April 20081. The fmanci&l staiemertis wer¢ approv¢d by the Board of Ttustt¢$ on were signed on its behalf by.. Bharat Lukka-Trusle¢ The not¢s fonn pan 0(the fmancial statements 12
Gur ar Hlndu nion GHU Ltd Notes to the Fln for the Year En taterneN¢ d 31 December 24 ACCOUNTING POLICIES Aeeollntlng ¢onvention The financial staiement5 of the Charitable company, which is a public benefit entity Umder FRS 102. have been prepared in accordance with the Charities SORP IFRS 102) 'Accounling and R¢porting by Chorittes.. Statement of R¢commended Pra¢tice applicable lo clLarities preparing their ac¢nuntg in accordance with the Financial R¢portin¥ Standard applicable in the UK and Republic of Ireland (FRS 102) l¢ffective l January 2019),. Financial RLp()rlin¥ Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, wilh the ex¢epiioTh of inveslmenis which ar¢ in¢lud¢d at market value. IncomlDg r¢sources All lljcoming resources are includcd on the Sts¢ement of Financial Aciiviiies wh¢n the charity is legally entitled to the income and the amount can be quaniifted with reBsonabl¢ accuracy. Rt8our¢e$ exp¢nded Expend1fte is 4¢counted for on an accruals basis and has bcen classified und¢r headings that oggregate all cost r¢l&ied io the caiegory. Where c05t5 cannot be directly attributed to particul h¢athngs they hAve b¢¢n allocated to &¢tivities on & basis Consistent with the of T¢SOUT¢¢3. Tongible flxtd #ssels Depreciation is provided al the following annual rates in order Lo write off each asset over ils eslimaled useful life. Fr¢¢hold property Plont and ina¢hin¢ry Fixtures and titlings 20/0 on cosi building5 25D/o 4)n cos1 250/D on cob¢ TAx•tion The charity 1$ txempl from wrporation lax on lis chaTltabl¢ LiVi11e8. Fund •c¢oyntinz Unrestricted funds can be used in accordance wilh the charitable obj¢ctives at (he dis¢r¢tion of ihe trustees. R¢$tri¢ted funds Con only be used for particular r¢stri¢i¢d purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are r4ig¢d for particular re$tricted purposes. Further explanaiioD of the nawre and purpose of each fund is included in ihe notes io the financial staiem¢nls. INVESTMEIYT INCOME 31.12.24 31.12.23 lThteres¢ rc¢¢ived NET INCOiWGI(OUTGOINC} RESOURCES Net resources are stsied after chargingl(¢rediting)'. 31.12.24 31.12.23 Audit fees Depreciation- oM]ed assels 3,172 3,344 87,242 13
Gur air Hindu ijnion GHU Ltd Note?* t the Financial tAtements- c•ntlnue for h year End l Deeember 2024 TRUSTEES, REMUNERATION AND BENEFITS There w¢r¢ no trustee5' rcn)uneration or other benefits for the year ended 31 Deccmb¢r 2024 nor for the year ended 31 Decen)ber 2023. TANGIBLE FIXED ASSETS Frethold property Plant and Flxtvres and mAehinery ffttlngs Totals COST At l January 2024 4J50,532 194,217 6&823 4,611,572 4,3SO.532 194,271 66,823 4.611.572 DEPRF.CIA TION Al l January 2024 Charge lor year L¢$s AdJuslin¢nl 1,199,298 87.011 194217 66,130 173 1.459.645 87.184 1,286,309 194,217 66,303 1,546,829 At 31 Decembcr 2024 3.064,223 520 3.064.744 NET BOOK VALUE At 31 De¢ember 2024 520 Al 31 D¢cembtr 2023 3,151234 693 3 151,927 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.2024 31.12.2023 Accrued Int¢r¢$l Gift Aid ¢laim 2,665 17.900 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.2024 31.12.2023 Bank loans and overdrlfts Trade Cr¢diiors Other creditors Interest Free Loan 61,668 49 5,799 295 0110 4,973 299 973 362 516 14
Gur ar Hlndu Unlon GHU Ltd P*otes to the Financial Stat f r the Year nded 31 D nts- con mber 2024 CREDITORS: AMOUNTS FALLING DIJE AFfER MORE THAN ONE YEAR 31.12.24 31.12.23 Oihw crcdilofs 164,419 Amounr5 falling due in mor¢ than five years.. Repayable by instalm¢nts'. Oth¢r loans more 5yIs instalm¢nts Repayable otherwise then by tn5th1meTIts: Oiher loans more 5yrs non-instalments The bank loan was paid off in the year 10 31 D¢mber 2024 MOVEMENT IN FUNDS Nel ovem¢rtt In fun Ai 1.1.24 At 31.12.24 Unrestrieted fundi G¢nernl fund 3,013.747 125.487 3,139334 3,013,747 125,487 3,139,234 R¢itrkttd fvndi Sampoorna S¢va 81,661 81,661 TOTAL FUNDS S 125 487 3 220 895 Net movemenl in funds. included iTb ihe above are as follows: IDcotlling resources Resour¢u Movement In expeDded UDre$trlcted futtds General filnd Design&tcd fund 398J20 272J33 12S,487 398J2D 272,833 125,487 Rtstrl¢¢ed fuDdi Sampoorna S¢va & Loan Repayments TOTAL FUNDS 398J20 125 487 io. RELATED PARTY DISCLOSURES Donations tot311in8 £3306 were received from the trusiee5 duTing the year. 15
ar Hindll Unlon GHU Detailed Statement of Financlal Aetivi for the Y #r Ended JI Deternb¢r 024 31.12.2024 31.12.23 INCOMING RESOURCES Volunt•ry income Donaiions {MaNdir Fund) Gift aid {Refunds from HMRC) Grants and Insurance claim Membership and other income Sampoorna Seva 204.026 37.110 1250 JJ83 J87,879 33.192 11,079 4.713 3(IS.770 236.863 Invertment Incom¢ Interest re¢eived 8,801 3,721 Ineomlng resources from ehrltible ¢tlvitles Religious and Social funclion5 Education and training class¢s Apple Tree Cenire hall hire 10,196 9,413 124 137,417 Tot*l Incom1¥ resource# 398J20 374.280 RESOURCES EXPENDED Chlrltable a¢iivltles R¢ligious and social function5 Site mainienance and cleaning costs Transport cosis Langua8¢ ¢lasses, books and teaching maicrials Repairs and securiry co$is Siaff co$t$ Mandir provisions and expens¢s Catering and food eosis Miscellkmeous costs Social cveni costs Social eveni pps costs Event &dvcrtisin8 costs Project and misL Costs 25,352 16,$89 19,894 1&089 1,043 12819 3,723 19,124 6.587 13,666 8,477 1511 967 91),725 04J78 Governance ¢os(s L¢gal and profe&8ional f¢¢5 Audit fees A¢countin8 ¢xpen5es 2,392 3,344 3,172 7.372 1,836 This pase does not forni part of th¢ siatutory finan¢ial slat¢ments 16
ar Hlndu Union GHU Ltd Detailed Statement of Flnanrl l A tii'itie5 Cor the Year EJ)d l December 024 3J.12.2D24 31.12.2023 M*na%ement Rates Insurance Light and heat Telephone. internd and office expetks Station¢ry Sundries Licences, subs and wmits Other Costs Travel and meeting ¢o$ts Bank loan inter¢si 5,649 41250 29J17 4,790 IS240 2WS 169 35 1.229 2.620 159 35 84,788 74,854 FltsAn¢e, Bank charges Depreclatlon Freehold propery Plant and machinery FixNr¢s and fitlin8S 2.764 1221 13 87,011 87.011 173 231 87.184 87242 Tot41 resources expended 272,833 236,530 N¢1 IntomelExpeodlture 125,487 137 750 This page does not fonn pAn olthe st&Thtory financial siaiem¢nts 17