IIEGISTEIIED CII4PANf NUMBER: 05822442 IIEGISTEIIED CHARITY NfJMBER: 1118856 FOOD FOR LIFE VRINDAVAN VK LIMITED REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 SEE¥[EMB￿ 2024 PS PATEL, FCCA 54 FORKST ROAD N9 8RX FOOD FOR LIFE VRINDAVAN UK LIMITED Contents 0£ the Financial Statements for the Period Ended 30 SepteTrbez 2024 ContentB Ra£ezence and ad￿nIstratIve uX£Ozn￿knan Repozt Of the Tzu3tee8 2 to4 Independent ExaM￿et' s Report statement 0£ FInan￿al Activitias Balance Sheet Ilotes £oxmlng part 0£ the £inanclal 8tatement8 toll Detuled Statement of Financial Activ&￿eS 12 EDOD FOR LIFE VRINDAVAN UK LIMITED Report of the trustees £or the period ended 30 September 2024 £oz the peziod ended 30 Septfflobez 2024 05822442 Charlty xegistzatson number: 1118856 Reglstezed o££lca: Cambzidqe Housa 32, Padwell Road $014 6QZ Tzu8ts08: o )ts K. Pandoy IRèslgn•d 30 Apru 2025) o Ilr. P Paollnelli o Hr. 8anjay Gadhvilappointed 18 June 2024) o M8 Pritse Rajput (appointed 30 November 2021, rasignad 03 October 2023) Bankez8: Lloyd8 TSB 32. Ox£ozd Street HSBC Tjnxt 6C WD6 4PR PS Patel. 54, fozast Road London H9 8RX FOOD FOR LIFE VRINDAVAN UK LIMITED Report 0£ the trustees £oz the period ended 30 September 2024 e and b£ana en The tru8tee8 who are al80 dlrector8 Ot the charity for the purpoBeB of the Cornpanle8 Act 2006 present their report with the financlal 8tatementB 0£ the charity for the period ended 30 September 2024. The truBCeea have adopted the provlsion3 OE the Statement 0£ RecOn￿ended Practlce ISORP) °Accountlng and Reporting by Charltle8° 188ued in March 2005. The followlng TruBteeB Berved durlng the perlod ended 30 September 2024.._ o Mr8 141naxi Pattnl o Ms Rakha M Kaza o M8 K. Pandey wa8 rai8ed In donatlons Including Gift Ald, wlth IntereBt addlng a £urther £2,660 12023-£736) to provlde a total Incorne for the year of £20S. 582 (2023-349,732). Our regular 8ponBor base ha8 been rttalntalned at approximately 252 during the year under revlew. Spon80rehip8 give the charlty the gtabllity in Income It needs to support the long-term educaelon 0£ chlldren wlth I￿r partner charlty in India. Durlng the year Food For Life Vrlndavan UK Li￿tea transferred £480. 000 12023_£111, 000) to the Indian charity Food For Llfe Vrindavan Soc&ety. Food for Life Vrlndavan Society haB three 8choo18 Wlth a capacity for 3.000 8eudent8. At preaent, we have a total 8tudent populatlon of around 1250 enrolled In our Bchool and a further 160 8pon8ored by the charley in further educatlon. All the 8tudent8 receive free meal8. clothlng. educational aldo and R￿dIcal a8818tance. the 8chool Is completely free a8 the student8 come all £rcffj below poverty line tamllie8 and many are 81um dwellerB. Our goal £8 to help ralse awareness and fund8 the UK to help with the educatlon 0£ fflore glr18 in the 8chool8, through BponBor8hlp and funding. ore place8 get taken up In the year the charlty Incurred c08t8 0£ £37.431 (2023-£42,798) which compri8ed. Postage and Btationery co8t8 of £ Ni112023-£Nil), accountancy fee8 of £1.308 (2023_ £1,250) salary coBtB of £NII12023-£NII), ex-gratia payment8 0£ £NII 12023-£NIII, bank charge8 of £2.576 12023-£396), IntereBt pald of £Ni112023-£Nxll. depreciatlon of £NII (2023-£NII) and meeting & travel expen8e8 0£ £Nil (2023-£1,070). Addltlonally. other c08tB incurred were legal expen8e6 of £Nil 12023-£NII). oundry expeDBe8 of £35 12023-£70J , collyuter/lnteznet expen8e8 Ot £1, 348 (2023-£1. 433) , advert18Ing & markeclng COBt£ of £Nil12023-£NII) . 8ubBcription cost8 of £50 (2023-£501 , conBuleancy fees of £31. 111 12023-£36. 758) and iasurance co8tB of £1. 003 12023 £1. 7711 . During the year. the tru8tee8 did not re￿1ve any reuuneratwj other than a8 explained in note 4. In order to achieve these obJective8. the charity'8 trustee8 propo8e to take the folIcy4￿g steps: Actively recrult volunteer member8 through personal and bu8ine88 neework8 azxl by tho8e who have expre88ed au intere8t in servlng. Durlng the year. the charity appointed an athniniBtrator to deal wlth all o£flce adrnln£8tratlon and 8upport allowing the charlty to 8trearnllne ito adminl8tratlon function. FOOD FOR LIFE VRINDAVAN UK LIMITED Report of the trustee8 for the period ended 30 September 2024 Regular cotrrftunication to all UK donors and supporters via electronic media begun in Novenber 2015 and continued into this financial year. -Further develop our current plans of activity to include a broader range of people and a greater geographical spread in the UK. Encouraging supporters to create their own fundraising events and thereby recruit new donors. These are low risk events at a low cost to all parties and work very well in terms of spreading awareness of our objectives, and in raising funds. Seek partnerships through ernployees of companies that have corporate philanthropy programrrLes and other funding charities that can support our partner, s progranvftes. Actively seek donations f rom high-net-worth indlviduals and corporate bodies to significantly improve Food For Life Vrindavan UK Limitedl s income. eToent iliti The trustees (who are also the directors of Food For Life Vrindavan UK Ltd for the purposes of company lawl are responsible for preparing the Report of the trustees and the financial statements in accordance with appllcable law and United Kingdorn Generally Accepted Accounting Practice. Company law requires the trustees to prepare financial statements for each financial year which give a true and fair vlew of the of the charitable company for that period. In preparinq those flnancial statements, the trustees are required to: Select 5Ultable accounting policies and then apply them consistently. Make judgments and estimates that are reasonable and prudenc. State whether applicable accountlng standards and statements of recor(￿ended practice have been followed, Subject to any departures disclosed and explained in the financial statements. Prepare the financial staternents on a golng concern basis unless it is inappropriate to presume that the charity will continue in existence. The trustees confiThi they have complied with section 4 of the Charities Act 2006 to have due regard to guidance published by the Comission, including public benef it guidance. The trustees are responsible for keeping proper accounting records whlch disclos with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements cornply with the Charities Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The report was approved by the trustees on and s ed on their behalf . Mrs Minaxi Pattni I report on the account8 of the Food For Llfe Vrindavan UK Limited for the period ended 30 September 2024 which are Set out on page8 6 to 11 Ra8p0¢￿v• z88p•n8abllltle8 0£ tru8ts88 and exam*ner. The charity, 8 tru8tee8 are responsible for the preparation of the accounts. The charity'8 tru8tee8 you consider that an audit 18 not required under 8ection 144 of the Charities Act 2011 (the 2011 Act), and that an independent examination 18 needed. Z report In respect of my examinatlon of the Trust•s accounts carrled out under sectlon 145 of the 2011 Act and in carrying out my examinatloni I have followed all the appllcable Direction3 glven by the Charlty Commission under 8ectlon 145(5) (b) of the Act. The Charity 18 preparing accrued account8 wlth Incane below £250, 000 and I am qualified to undertake the examination by be￿g a qualified menber of the Association of Chartered Certlfled accountant8. Bas*8 0£ Independent •xamlnez' o xepozt. Our examinatlon was carried out in accordance with the General Directlon8 given by the Charlty Commi88ioner8. An examlnatlon include8 a review 0£ the accounting record8 kept by the charity and a conparison of the accountB Wlth th08e record8. It a180 Include8 con8ideratlon of any unusual item8 or di8closure8 in the accounts and seeking explanation8 from you a8 tru8tee8 cOncer￿ng any 8uch matter8. The procedure8 undertaken do not provide all the evidence that would be required in an audit, and con8equently I do not express an audit oplnion on the view given by the account8. Illa￿ndent examlner, 8 8tatemoAt. In c¢)nnection with ry examination, no matter has C¢Jne to ny attention: which give8 me reasonable cau8e to believe that in any material respect the requirement8. (a> to keep accountlng record8 In accordance with section 130 0£ the Charitle8 Act 2011; and Ib) to prepare account8 which accord with accountlng records and to conply with the acCoUnt￿g requirement8 of the 2011 Act have not been met . or 2. to which in our oplnlon, attention should be drawn to enable a proper understanding of the ac unt8 o be reached. PS Patel, FCCA Associat ion of Chartered Cert If led Accountant8 54, Forest Road London. N9RX Date: aoa STATEMEIIT OF FIY4allCIAL ACTIVZTIES (INCLUDING INCCWE AIID EXPENDITtJRE ACCOTJIIT) Total Funda 2024 2024 Funds 2024 2023 Donati0118 and legacles 54,179 148,743 202. 922 348,996 Fundraising events 2, 660 2,660 736 56,839 148, 743 205. 582 349, 732 Fundra&6kng wwent cost ChaT*table aetsvltlea 480. 000 480, 000 iii, 000 charltable aetivltieo other expendlture 37,431 37,431 42,798 37. 431 480.000 517.431 153, 798 Not IncoThlng/ Ro8OUfQ08 19.408 1331,2571 1311.849) 195, 934 TzanB£or 0£ £und8 (70.0000) 70,000 Reconoxliatxon of Totsl Fund8 Brought Forward 139,447 264, 217 403, 664 207, 730 Total Fund8 Carrled 88,855 2.960 91.815 403, 664 BAlaNCE SBEET AS AT 30 SEP1Tr4BER 2024 Note 2024 2023 Fixed A88et8 EquiFKaent Cuzzent asBet8 . DebtorB Cash at bank and in hand 31,885 76, 257 17,106 402. 858 108, 142 419.964 Creditors . amount8 fall￿g due within one year 16, 327 16,300 91,815 403, 664 91,815 403,664 Unrestricted funds Re8tricted f und8 88,855 2,960 139.,447 264'.217 91,815 403, 664 The dlrector8 and truBtee8= a) have taken advantage of Sectlon 477 CoTllpanie8 Act 2006 not having these account8 audited. bl have confirmed that member8 have not requlred the company to obtaln an audit of tB accounts for the year under Sectlon 476 of the Companle8 Act 2006. c) acknowledge thelr re8pon81b£lltie6 for enBurlng that the company keep8 accounting record8 w￿ch comply wlth the CompanieB Act 2006. d) Acknowledge thelr respon8IbilitieB £or complylng wlth the requlremento 0£ the Companie8 act 2006 with reBpect to the accounting recordB and the preparatlon 0£ the accounto. The accoun¢8 have been pre Companle8 Act 2006 applica ared In accordance wlth the prov18Ion8 In Part 15 0£ the le to the Bmall companie8. regime. Approved by the Board 0£ TruBtee8 and Si￿1ed on thelr behalf. Mr8 Minaxl Pattni-Tru8tee Date: Ls ZOLS Nots3 to the fknancial Statemants for the period ended 30 SeptQTthez 2024 I. ACCOUNTnK POLIC￿3 The flnanclal 8tatanent8 have been prepared kn accordance w&th Accounting and RepOrt￿g by Charitie8: state￿nt of Reccrlu￿Trled Pract1￿ appllcable to charitle8 preparlng thelr account8 ￿ aecDrdance with the F￿ancIal ReEQrt&ng Standard applicable In the UK (FRS 102) (effectlve l January 2015) (Charities SORP (FRS 102) ). the F￿anC￿l Reportlng Standard applicable in the UK (FRS 102) and the ConFanie8 Act 2006. IAcom£nq re8ourco8 . All incoming resour￿8 included on the Staternent of Financial Activitie8 when the charity 18 legally entitled to the Income and the amount can be quantif led with reasonable accuracy. -Donatlon8 consist 0£ restricted and unre8tricted u8e8. Monie8 donated for general use at the di8cretion of the charlty are cla88if led a8 'unre8trictedi If donated for 8peci£ic uses, the monle8 have been classified a8 're8trictedi All Interest received and gift ald 18 deenEd to be unre8tricted in Its use, and con8equentlyi 8uch IB cla88if led a8 'unre8tricted f und8, . -Bank Intere8t con818ts of ￿terest earned on bank de￿81t8 during the year. -Gift aid can ¢mly be claimed as and when the charity receive8 conpleted Gift Ald fozm8 frcAn donor8. The debtor is in relatlon to a claim tor Gift Aid on donationB whlch knere receivable for the perlod ended 30 Septelljber 2024. Re8ouzco8 expended Expenditure accounted for on an accruals ba818 and ha8 been cla88ified under headings that aggregate all cost related to that category. Where cost8 cannot be directly attributed to heading8 they have been allocated to activities on a ba818 con8iStent with the use of re8ource8. Our partner charlty Fcod For ￿fe vr￿davan Society 18 a registered NGO with the Indian government and 18 the only recipient of donatlons frcTh Food For Llfe vr￿davan UK Ltd. Grant8 are offered subject to conditlons and those which have not been met at the year-end are noted a8 a ccKamitment but not accrued a8 ewenditure. Taxa￿0￿ The charity 18 exempt from cozporati¢)n tax on it8 charitable actlvities. Depzec*at*on: This 18 calculated to write of£ the a88et over its Useful life a8 under: EquiE¥nent: 20* on a redUC￿g balance ba8iS Notes to the F￿all￿al Statements £oz the par*od 30 Saptembez 2024 Fund aecountkng Unre8tricted fund8 can be used in accDrdance with the charitable objectives at the di8cretion of the tru8tee8. Restricted £unds can only be u8ed for restricted pu￿oSe8 Wlthin the object8 of the charity. Re8triction8 arise when specified by the donor or when funds are raised for restricted purEQ8e8. Further explanation of the nature and purpose of each fund 18 included in the note8 to the financial 8tatewent8. 2024 2023 Deposit account and other intere8t 2,660 736 3. YaNGIBLZ ASSETS Total Cost At 01 October 2023 Addition8 1,793 1,793 At 30 Septentser 2024 1,793 1,793 Depreclation At 01 October 2023 Charge f or period 1,793 1,793 At 30 September 2024 1,793 1,793 Net Book value At 30 September 2024 ZEZZ= At 30 Septthr 2023 Trusteas, expanse3 Tru8tee8 received no anolument8 durirrfJ the year. However. durlng the year. Mr P Paolinelll received £31.111 (2023-£36.758) aB consultancy fee8 under an agreement approved by the board of tru8tee8. The conBultancy work related to the £urtherance 0£ the charlty'8 obJectlve8. Note8 to the fknancial Statements £oz the perxod ended 30 8eptombat 2024 2024 2023 Gift aid recoverable frao HMRC other debtor8 1.486 15.620 31,885 31, 885 17, 106 2024 £16.327 2023 16.300 Accrued expenses Total 2024 2023 1108tr*etad ost of generating unds Fund ral6itrJ ¢98t ehAtltable act£v&t*e8 Dlrect Donatlono co partnez charlty Dlrect 480.000 480,000 iii.000 1.308 1,308 1,250 Advertlslng Darect Com￿lleer & Internet Dlrect 1.348 1.348 1.433 Bank eharges Dlreet 2.576 396 Interest pald Dlrec¢ Ex-graeia paymen Conaultan¢y feeB Legal expenses Dlrert D*re¢t 31,111 31.111 36,758 Dlrect Postage and 8tat*onery Meeelng &travel expen8e8 SubBctiptlon8 Dlre¢¢ Dlrert 1.070 Dlrect 50 50 50 Insurance Dlrect 1.003 1,003 1.771 Sundry Dlrert 35 3S 70 37,431 480, 000 S17.431 153,798 37,431 480,000 517,431 153.798 io Notes to tha FUWi￿al StatoAents £oz the pezlod ended 30 Septamber 2024 81 Ahaly8i• 0£ fvtsd a88et8 and liabil*tle8 nre8trictsd Ra8¢rlotod otal Current a8set8 Current Ilabllltle8 105. 182 (16.327) 2.960 108. 142 116,3271 Total 88,855 2.960 91.81S •asasE The unreBtricted £und8 owy be used for any charitable purpo8e at the d18cretion 0£ the tru8tee8. Re8trleeed £und8 relate to the 8peclf£c purpose for which the donatlon ha8 been made-ln thi8 case, chlld 8pon8or8hlp. 8pecific £und-rai8ing event8. feast, ratlOnB and cow care spon8or8hip8. Atol Incom￿g Outgoing Tran8£ar O¢t. 23 RaBourcoB Ra8oure63 At30 Sept.24 Unre8trlcted £undB139, 447 Restricted f und8 264. 217 56, 839 148,743 (37,4311 (70.0001 1480, 000) 70, 000 88,885 2,960 Total fund8 403. 664 205,582 1517, 431) 91,815 10. SHARE CAPITAL The eompany IB limxted by guarantee to an amount 0£ £10 per member. £ao8 a8 P•f ¥￿te (4) li Detailed Statement 0£ Fknanclal Act*vlt%es £oz the peziod ended 30 September 2024 2024 2023 IIICQMING RESOURCES Voluntary incorne including Fund Raislng 197,487 Glft aid 5,435 316,369 32,627 202, 922 348, 996 Inveatmant Income DeEK)Bit account interest 2,660 736 Total incoming resource8 205, 582 349, 732 Tundral8knq •y￿e cost Publicity Cost Chazltabl• aotlvltlea Donatlon to partner charity 480, 000 111,000 Goveznan*2• COBto Accountancy Advertising and marketlng CorrE)uter and internet expen8es Bank charges Interest paid Consultancy fee8 Postage & stationery Travel& rneeting expenses Sub8cription8 Insurance Sundry 1,308 1,250 1,348 2,576 1,433 396 31,111 36,758 1,070 50 1,771 70 50 1,003 35 37,431 42,798 Total ze8ourca8 axpendod 517,431 153, 798 Net an¢￿￿9/ {expen￿t￿za) (311,849) 195, 934 12