**Charity number: 1118980 Company number: 06049370** 

**Hindu Cultural Society of Bradford (A Company limited by guarantee)** 

**Trustees' report and financial statements for the year ended 31 March 2024** 



Hindu Cultural Society of Bradford
(A company limited by guarantee)
Contents
Page
Legal and administrative Information
Trustee5' report
Independent Examiner report to the trustees
Statement of financial activitles
Balance sheet
Note5 to the financial statements
9-14

Hindu Cultural Society of Bradford
IA company limited by guarantee)
Legal and admlnistrative Informatlon
Charity reglstration number
1118980
Company registration number
6049370
Business address
341 Leeds Road
Bradford
BD3 9LS
Trustees
Mukesh Kumar Chawla
Samykkurukkal Balakrishnan
Santosh Gupts
Baldev Krishen
Kumarvel Kurusamy
Ashok Kumar Nalr
Kamallit Sharma
Suresh Tailor
Phoolan Balbev Vlg
Rajnlsh Ahuja
Natvarlal Ranchhodji Taylor
Ramesh Goyal
Satish Khatri
Puneet Kumar Tyazl
Rakesh Sharma
Deepak Krishan Shukla
Vlnay Verma
Ramesh Kurmar Batra
Jyoti Thakur
(Resigned 24.09.20231
(Resigned 24.09.20231
Page I

Hlndu Cultural Society of Bradford
(A company limited by gurantee)
Legal and admlnistrative Information
Independent Examlner:
D&D Accountancy & Taxation Ltd
Institute of Financial Accountsnts
West44 Business Centre
' 44-60 Richardshaw Lane
Pudseyi Leed5
LS28 7UR
Bankers
Lloyds Bank
Hustlergate
Bradford
PO Box 1000
8x1 ILT
Page 2

Hindu Cultural Society of Bradford
(A company Ilmited by guarantee)
Report of the trusteesllncorporating the directors, report)
for the year ended 31 March 2024
The trustees present their report and the financlal statements for the year ended 31 March 2024.
The trustees. who are also dlrectors of Hlndu Cultural Society of Bradford for the purposes of company law
and who served during the year and up to the date of this report are set out on page l.
Structureigoverance and management
Directors
The Directors who served during the year end up to the date of this report are set out on page l.
Members
The members gurantee to contribute an amount not exceeding £1 to the assets of the charitable
organlsation In the event of wlnding up.The total such guarantees at 31 March 2024 was 17.
Monagement
'.The Board consisiting of the committed &office bearers and 11 Director5, total 17 memebers, was
responslble for the over5eeln8 of the pollcle5, Starteglc development and growth of the company
by drawing on their expertise.
Rlsk Management
' The dlrertors have assessed the major rlsk5 to whlch the charlty Is exposed and are satlslfed that
systems are in place to mltlgate exposure to the major risks.
Objectives and activities
Misslon and Vision of the company
To promote the social, cultural, religious and eductaional asplratlons of hindus Ilvlng in Bradford.
Wlth a clear vlslon to develop a more Coheslve and sustalnable community by building partnerships
with the local authorlty and people of different faiths in Bradford and the region.
The charity promotes its vision by managing the Shree Lakshmi Narayan Hindu Temple, Bradford
and running the Shree Krishna Elderly Day Care Centre.
Financlal Review
Flnonclal Commltments
The Kithcen renovation work has been proposed which will be funded through the reserve funds
and there Is no other financial commltments for the charity.
Page 3

Hindu Cultural Society of Bradford
(A company limited by guaranteel
Cost of Llving
Evcn thou£h -￿ar In CO￿ of living• donations have increased In 2024, the devotees has been
morc generous towards the charity and to keep up with the culuture and well being of humans.
Thc devotees arc organiJrinE sponsorcd programmed. The day centre is open for one day a week and kitchen
Is open to prepare meal.
Brexlt
We don't think Brexit will have any impact on our organisation. as all our operations are with the U.K.
Financial Review- Reserves
The surplus for the year ended 31 March 2024 was £136.822 (2023: surplus of £79,5151.This was
represented by an unrestrirted surplus of £136.82212023: surplus of£79,515) and restrlcted surplus of
£0 (2023:surplus £0).
'.The Reserve balance as at 31st March 2024 was £4,031,11712023: £3.894,295) and thls was represented by
' an unrestricted fund of £4,031,11712023: £3,894,295) and restricted fund of £O12023:£0).
ststcmcnt to di4colsure of information to Independent Examiner (IE)
In so far the trustee5 are aware:
therc if• no relcvunt infonnation of which the charitable com3pny IE are unaware and
', tho trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
Informatlon and to e•tabli*h that the IE are aware of that infomiation.
Statements of trustees, responslbllltles
The trustees (who are also dlrertors of Hlndu Cultural Soclety of Bradford for the purpose of
company lawl are responsible for preparing the Trustees, Annual Report and the financial statements
In accordance with applicable law and United Klngdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statemnts for each financial year which give
a true and falr vlcw of the statc of affairs of the charitable company and of the Incomlng resources
and application of resources. including the income and expendlture. of the charitable company for
that period.ln prcparing the••e financial statements, the trustees are required to:
selert suitsble accounting policies and then aply them consistentlyi
observe the methods and principles in the Charities SORP:
- make Judgements and estimates that are reasonable and prudent.
Page 4

Hindu Cultural Society of Bradford
(A company Ilmited by guarantee)
Report of the trurteeslincorporatinE the dlrectors, report)
for the year ended 31 March 2024
sLite whether applicable UK Accounting Standards'have been followed, subject
to any material departures dlsclosed and explained In the flnanflal ststernents.and
prepare the financial statements on the ongoing concern basis unless it is inappropriate
to presume that the charltable company wlll contlnue In operation.
The trustees are responsible for keeping proper accounting records which diclose with
reasonableaccuracy at any tlme the flnancial posltion of the charltable company and which
enable them to ensure that the flnanclal statements comply with the Companles Act 2006.
They are also responsible for safeguarding the assets of the charitable company and
lieiice for taking reasonable steps for the preventlon and detertion of fraud and
other irregularities.
Independent Examlner
D&D Accountancy & Taxation Ltd were appointed as Independent Examiner to the charitable company
and are deemed to be re appointed in accordance wlth Section 48712) of the Companies Act 2006.
Small company provisions
This report has been prepared In accordance wlth the speclal provisions for small companies
under part 15 of the Companles Art 2006.
On the behalf of the board
S Tallor
Chair
AKNalr
Treasurer
Date:
Date:
Page 5

Hindu Cultural Society of Bradford
(A company limited by guarantee)
Independent Examinerfs Report to the Trustees of Hindu Cultural Society of Bradford
I report to the charlty trustees on my examination of the accounts of the Companv
for the year ended 31 March 2024
Responslblllt￿s and basis of report
As the charitys trustees of the Company (and also Its dlrectors for the purposes of company law)
you are responslble for the preparation of the accounts In accordance with the requirements of the
Companies Art 2006 ('the 21)06 Acv).
Havlng satlsfied myself that the accounts of the Company are not require.d to be audited under
Part 16 of the 2006 Art and are eligible for independent examination, I report in respect of my
examination of your charivs accounts as carried out under section 145 of the Charities Act 2011
('the 2011 ACV). In carrying out my examination I have followed the Directions 8iven by the Charity
Commission under section 14515) (b) of the 2011 Art.
Independent examlnees statement
I have completed my examSnatSon. I confinn that no matter5 have come to my attentlon In
connertion wlth the examlnation giving me cause to belleve:
l. accountlng records were not kept In respect of the Company as requlred by sertlon 386 of the 2006 Art,. or
2. the accounts do not accord with those records: or
3. the accounts do not Comply with the accounting requirements of sertion 396 of the 2006 Art
other than any requlrement that the accounts glve a 'true and falr vlew whlch Is not a matter
considered as part of an independent examination. or
4. the accounts have not been prepared in accordance wlth the methods and principles ol the
Statement of Recommended Practice for accounting and reportlng by charities [applicable
to charities preparing their accounts in accordance with the Financial Reportin8 Standard
applicable in the UK and Republic of Ireland IFRS 102)J.
I have no concerns and have come across no other matters Sn connection wlth the examinatlon to
which attention should be drawn in this report In order to enable a proper understanding of the
accounts to be reached.
Sl8ned:
Name: Mr Venukrishna Dontula IAFA, ATA, MIPA)
For and on behalf of D&D Accountany & Taxation Ltd tla D&D Accountancy
Institute of Financlal Accountants
Address: West44 Business Centre, 114-60 Richardshaw Lane, Pudsey• LS28 7UR
Date:
Page 6

Hindu Cultural Society of Bradford
IA company Ilmited by guarantee)
Statement of financial activities qincorporatin£ the income and expenditure account)
For the year ended 31 March 2024
Unrestricted
fund5
Restrirted
funds
2024
Total
2023
Total
Notes
Incoming resources
Incoming resources from
generating lunds:
Voluntary income
Investment income
263,049
3,016
263,049
3.016
188.320
Total Incoming resources
266,065
266,065
188,320
Resources expended
Charitable activities
124,275
4.968
124,275
4,968
102,583
6.223
Goverance costs
Totsl resource5 expended
129,243
129,243
108.806
Net.income{expenditure) for the year
136,822
136,822
79,514
Total funds brought fO￿ard
3,894,295
3,894,295
3,814.781
Total funds carried forward
4,031,117
4,031.117
3,894,295
The ststement of financial artivitie5 Includes all gains and losses in the year
and therefore a separte statement of total recoznised zain and losses has not been prepared.
All of the above relate to contlnuing artivitles.
The notes on pages 9 to 14 form an integral part of these financial statements
Page 7

Hindu Cultural Society of Bradford
IA company Ilmited by guarantee)
Balance sheet
as at 31 March 2024
Notes
2024
2023
Fixed assets
Tangible assest
10
3.627.817
3.631,285
Current assests
Debtors
Investments
Cash at bank and in hand
li
Ila
33.797
47,857
100,000
134.258
282,115
374.548
408,345
Crediotrs:amounts fallln8
due wlthln one year
12
-5,045
-19.105
Net current assests
403 300
263 010
Total assets less current liabilities
4,031,117
3,894,295
Net assets
4,031,117
3,894.295
Funds
Restricted income funds
Unrestricted income fund5
13
4,031,117
3,894,295
Total fvnds
4,031,117
3.894,295
"For the flnanclal year In questlon the company was entltled to exemptlon under sertlon 477 of the Companles
Art 2006 relatin8 to small companies.
No members have required the company to obtaln an audlt of It5 accounts for the year In questlon In accordance
wlth section 476 of the Companies Act 2006.
The director5 acknowledge their responslbility for complying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
These accounts have been preparod In accordanc.e wlth tho provisons applicable to ¢ompanles subject to the small
companies, regime."
The financial 3tatemcntrd were approved by thc board on 2111112hll
i and signed on its behalf by
S Tailor
AKNair
Chair
Treasurer
The notes on pages 9 to 14 form an integral part of these financial statement5
Page 8

Hindu Cultural Society of Bradford
(A company limited by guarantee)
Notes to financial statements
for year ended 31 March 2024
Accountlng policies
The princlpal accounting policies are summarised below.
The accounting policies have been applied consistently throughout the year
and the proceedlnB vear.
Basis of accounting
The accounts havc been prepared under the historical cost convention. as modlfled
by the revaluation of certaln fixcd a-th"￿ts and investments measured at market value.
The accounts have been prepared In accordance with FRS102(effective January 2015), and
the requirements of Accounting and Reporting by Charities:Statement of Recommended
Practicc applicable to charities preparing thier accounts in ac¢ordance with SORP 2015
(effertlve January 2015).
Transartion to FRS 102
The charlty transltloned from prevlous UK GAAP to FRS 102 as at l Aprll 2015.
Detail of how FRS 102 has affetted the reported financial p051tion and financial performance
is given in note 20.
Cashflow
The charity has L1ken advantage of the exemption in FRSI from the requirements to
produce a cashflow Statement because It Is a small charlty.
IncomSng resources
All incoming resources are Included In the statement of flanclal actlvltles when the charity Is
entitled to the income and the accuracy reasonable .The following specific policies are applied
to particular categories of income.
Voluntary incomc rccIov￿ by way of gr3nts.donatlons and glfts and is included in ful
in the statement of financial activities when receievable.Grants where entitlement is not
Condltlonal on the dellvery of a speclfic performance by the charlty, are recognised when the
charity becomes unconditionally entitled to the grant.
Donatlons and gift income is credited to the income and expenditure account in the period
recelved.
Mcmbership income is credited to the income and expenditure account in the period received.
Gift aid income 15 creditcd to the income and expeniture account in the period.
The restricted funds relate to the activities of the Shree Krlshna Elderly Day care Centre.
Grants, including grants for the purchases of fixed assets are recognised in lull in the
statement of financlal actlvities In the year in which they are receivable.
Income from Investments is included In the year in which It is recefvable.
Page 9

Hindu Cultural Society of Bradford
IA company limited by guarantee)
Notes to financial statements
for the year ended 31 March 2024
2.4 Resource Expended
Expcnditurc is rccogniscd on an accural basls as a Ilability Is Incurred.
Expenditurc includes any VAT which cannot be fully recovcred* and i• rcported a• part
of the expenditure to whithit relatss.
Costs of generating funds compride the costs associated with attracting voluntary
Incomc and thc costs of tradlng for fundraisln£ purposes including the chairty's shop.
Charitable cxpenditurc comrpi•fC4P those costs Incurrcd by the charlty In thc dcllvory
of its activitles and services for its beneflciaries.lt Includes both costs that can
to such actlvltlcs and th0￿c Costs of an indirect naturc neccssary to support thcm.
2.5 Tanglble fixed assets and deprertlation
Tangible fixed assets are stated at cost less accumulated depreclatlon.Depreclatlon
Is provided at rates calculated to write off the cost less residual value of each a$5est
over its expecteduseful life, as follows.
Flxtures.ffttin8s and equipment- 25% reducing balance
Depreclatlon of freehold bulldlngs has not been provlded for as they are conslstently
kept at ahigh standard of repalr, their economlc life is sufficently long so that
accumulated depreciation is not material to these financial statements.
3 Voluntary Income
Unrestrlrted
funds
Restrlcted
fund
2024
Total
2023
Total
Donatlons
Glft aid tax refund
Grants receivable
Mmebership
Other income
201.679
37.710
23.148
512
201,679
37,710
23.148
512
140,002
34.471
13,243
604
263.049
263,049
188,320
4 Investment Income
Unrestrlcted
funds
2024
Total
2023
Total
Bank Interert retelvable
3,016
3016
Page 10

Hindu Cultural Society of Bradford
(A company limlted by guarantee)
Notes to financlal statements
for year ended 31 March 2024
Costs of charitable actSvSties-by fund type
Unrestricted
funds
Restricted
fund
2024
Total
2023
Total
HCS Charitable activlties
124.275
124,275
0 124.275 102,583
0 124,275 102.583
Goverance costs
Unrestrlcted
funds
2024
Total
2023
Total
Accountsncy Fees
Bank cahrge
Depreciation & Impalrment
1,440
60
3,468
4,968
1.440
1.440
159
4,624
6,223
3,468
4.968
Net incoming/outgoing resources for the year
2024
Total
2023
Total
Net incomingloutgoing resources is stated after charging:
Depreclation and other amounts wrltten off In tanglble
fixed assest
3.468
4.624
3,468
4,624
Page 11

Hindu Cultural Society of Bradford
(A company Ilmited by guarantee)
Notes to financial ststements
for year ended 31 March 2024
Employees
Employment C05ts
2024
Total
2023
Total
Wages and salarles
41,090
41,090
33,685
33.685
No employee received employment of more than £60.000 (2023:none)
Number of employees
The average monthly numbers of employees during the year, calculated on the basis of
full time equivalents,wa5 as follows:
2024
Number
2023
Number
Management and admlnlstratlon of the charlty
Community centre
Taxatlon
The charlty's artivitles fall wlthin the exemptlons afforded by the provlslons of the
Income and Corporation Taxv*P Act 1988.Accordingly. there is no taxation charges in
these accounts.
io
Tangible fixed assets
Land and
Fixtures
Silver
buildings Freehold fittings and equlpments and gold
totsl
Cost
As at l April 2023
Addittion
At 31 March 2024
3,606,413
158,723
11,000 3,776.136
3,606,413
158,723
11.000 3,776,136
Depreciatlon
At l April 2023
Change for the year
At 31 March 2024
144,851
3,468
148,319
144.851
3,468
148.319
Net book values
At 31 March 2024
3,606,413
10,404
11,000 3,627,817
At 31 March 2023
3.606,413
13.872
11,000 3,631,285

Hindu Cultural Society of Bradford
(A company limited by guarantee)
Notes to financial statements
for year ended 31 March 2024
2024
Total
2023
Totsl
li
Debtors
Trade debtors
Pfepayments and accured Income
33,797
45.025
2,832
47,857
33,797
Ila
Investments
2024
Totsl
2023
Total
Investment
100,000
100.000
12
Credltors: Amount falllng due wlthin one year
2024
Total
2023
Total
Trade creditors
other credltors
Accurals and deferred Income
5,045
18,596
500
19.105
5.045
.13
Analysls of net assets between funds
Unrestrirted Restrlrted Totsl
funds
funds
funds
Fund balances at 31 March 2024 represented by:
Tanglble Ilxed asstes
Current assets
Current Ilabllltles
3,627,817
408,345
-5,045
4,031,117
3,627,817
408,345
-5,045
4.031,117
14
Unrestrlcted funds
At l April
2023
incoming.
resources
outgoing
resources
transfer
31March
2024
Unrestrirted funds
3.894.295
266,065
-129.243
4,031,117
15
Restrirted funds
At l April
2023
Incoming
resources
Ooutgoing
resources
At 31 March
2024
Transfers
Restrirted funds
ij

Hlndu Cultural Society of Bradford
{A company limited by guarantee)
Notes to flnancial statements
for year ended 31 March 2024
16
Flnanclal commitment
The Klthcen renovatlon work has been proposed which will be funded through the reserve funds
and there is no other financial commltments for the tharity.
17
Company Ilmlted by Guarantee
Hindu Cultural Society of Bradford Ilmited by guarantee and accordingly does not have
a share capital.The Ilabillty of each member is the event of winding up is limited to
£l.There were 17 members at 31 March 2024.
Page 14

Hindu Cultural Society of Bradford
IA company limited by guarantee)
The followlng pages do not form part of the statutory accounts.
Page 15

Hlndu Cultural Society of Bradford
(A company limited by guarantee)
Incomlng resources
Incoming resources from generating funds:
Voluntary Income
Donatlons
Glfts ald tax refund
Grant recelvable
Membership
Other income
2024
2023
201,679
37.710
23,148
512
140,002
34,471
13,243
263,049
188,320
Investment income
Bank interest recelvable
3.016
3,016
Total Income resource5
Resources expended
HCS Charitable activities
Wages& salarles
Rates & water
Light & heat
.Repalrs & malntenance
Insurance
Prlntlng•postsge&statlonery
Plateslspoons& grocerles
Travel
Telephone & Internet
' Professional fees
Subscriptions
Cleanlng& Waste dlsposal
Other expenses
Donations
266,065
188,320
41,090
1,487
16,880
9,156
4,114
1,062
9,814
3,890
1,154
6.355
33,685
2,604
16,171
12.248
4,129
2,061
10,566
5.592
935
2,475
51
1,740
2,671
27,533
124,275
9,394
102,582
Governance costs
Accountancy fee
Bank charge
Depreciation
1,440
60
3,468
4,968
1,440
159
4,624
6,223
Total resources expended
Net incomingloutgoing resources
129,243
136,822
108,805
79,515
Page 16