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 2025
Hindu Cultural Society of Bradford IA company limlted by guarantee Contents Page Le£al and admlnlstratlve Information Trustees, report
5 Independent Examlner report to the trustees Statement of Ilnanclal actlvltles 8alance she•t Notes to the financlal statements 9-14
Hindu Cultural Soclety of 8radford (A company limlted by guarantee) Legal and admlnlstratlve information Charity re8iStration number 1118980 Company reglstratlon number 6049370 Business address 341 Leeds Road Bradford BD3 9LS Tru$tees Mukesh Kumar Chawla Samykkurukkal Balakrlshnan Santosh Gupta Baldev Krlshen Kumarvel Kurusamy Ashok Kumar Nalr Kamalllt Sharma Suresh Tallor Phoolan Balbev V18 Ralnlsh Ahuja Natvarlal Ranthhodll Taylor Ramesh Goyal Satlsh Khatrl Puneet Kumar Tya81 Rakesh Shamia Deepak Krlshan Shukla Vlnay Vernia Page I
Hlndu Cullural Soclety of Bradlord (A conwany limited by 8uranteel Legal and admlnlstrative Informatlon Independent Examiner: D&D Accountancy & TatIOn Ltd Institute of Flnancial Accountants West44 Buslftess Centre 44-60 Richardshaw Lane Pudseyl Leeds L528 7UR Bankers Lloyds Bank Hustlerlate Bradford PO Box 1000 8x1 ILT Page 2
Hlndu Cultural S¢xlety of Bradford (A company Itmlted byguaranteel Report of the trustee5(incorporatln8 the dirertors, report) for the year ended 31 March 2025 The trustee5 present thelr report and the financlal 5tatenwnts for the year ended 31 March 2025. The trustees, who are also directors of Hindu Cultural Society of Biadford for the purpos•s of ¢ompany law and who served durlng the year up to the date of this report are set out on page l. Structurelgoverance and management Dlrectors The Directors WI served durln8 the year end up to the date of thls report are set out on pa8e l. Members The fflembers gurantee to contrlbute an amount not exceedln8 £1 to the assets of the charftable or8anhation In the event of wlndin8 up.Thetotal such Kuarartees at 31 hfiarch 2025 was 17. Monogement The Board consisitln8 of the ¢ommltted 6-offlce bearers and 11 Dlrectors, total 17 memebers, was f•sponslble for the overseein8 of the pollcles. startQ8ic development and 8rowth of the companv by drawlng on their expertlse. Rlsk Manaqement The dlrectors have a55essed the major risks to which the charlty Is exposed and are satlslfed ihat systems are In place lo mltl8ate exposure to the malor rlsks. Oblectlves and artlvliles Mission and Vlsion of the compony To promote the social, cultural. rell8ious and edurtalonal aspirations of hlndus Ilvlft8 In Bradford. With a ¢1oar vlslon to develop a more coheslve and sustainable community by bulldin8 partnershlps wlth the local authority and people of dlfferent falths in 8radford and the re810n, The charfty promotes Fts vlslon by mana8lng the Shree iakshml Narayan Hindu Temple, Bradford and Nnnln8 the Shree Krishna Elderly Day Care Centro. Flnancial Revlew Finonciol Commitments The Charlty has no niajor financial commltments for the upcomln8 financlal year. as the kltthen refurbishment has been completed. Page 3
Hindu Cultural Soclety of 8radford IA Company IlmFted by guarantee) Cost of Livlng Chan8e In the governmenl and Increase ¢osl of Ilvln6 has Impacted charlty as the donatlon have been dropped ¢ompare to prevlous year. The devotees are orzanislng sponsored programmed. The day centre Is open for one day a week and kltchen Is open to prepar• meal. Flnonclal Revlew- Reserves The surplus for the year ended 31 March 2025 was £73.963 (2024: surplus 01 £136,822).Thls wag represented by an unrestrlrted surplus of £73,963 {2024: surplus of £136,8225) and restrlcted Surplus of £012024:surplus £0). The Reserve balance as at 31st March 2025 was £4.105,080 IZ024: £4.031,117) and thFs was represented by an unrestrkted fund of £4.105.08012024". £4.031.117) and restricted fund of £0 (2024:£0). Statement as to dlscolsure of Informatlon to Independent Examln•r {IE) In so far the trustees are aware: - there Is no relevaftt information of which the tharltable comapny IE are unaware and the trustees have taken all steps that they ought to have taken to make themsofves aware of any relevant Intormatlon and to estsbllsh that the IE are aware of that Infomiatlon. Statements of trustees. responslbllttles The trustees (who are also dlrertors of Hlndu Cuftural Sa¢lety of Bradford for the purpose of company law) are responsible for prepailng the Tfllstees, Annual Report and the flnan¢lal statements In aceordan¢e wFth applloble law and Uftlted Kln8dom Genwally Accepted Accounting Pracll¢•. Company law requlres the trustees to prepare financlal statemnts for each flnantlal year whlch 8lve • true and falr view of the state of affaits of the chafitable company and of the Incoming resources and application of resource5, including the in¢ome and expendlture. of the charitable company for that perlod.ln preparlng these flnan¢lal stalements, the trustees are requlred to: - select sultable ac¢ountln8 policles and then aply them ¢on51Stently' 01>5erve the methods and princlples In the Charities SORP: - make Judgeme1 and estlm*es that are reasonable and prudent: Pa8e 4
Hlndu Cultural So¢lety of Bradford (A tL)mpany limited byguarantee) Report of the trusteesllncon)oratlng the dlrectoTs' report) for the year ended 31 March 2025 state whether appllcable UK Accounting Standards have been followed. sublert tts any materlal departures dlsdosed and explalned in the financlal stat¢mentsond prepare the flnan¢lal staternants on the on8oln& concern ba51$ unless It Is Inapproprfate to presume that the ¢harltable company will continue lft operation. The trustees are responslble for keepln8 proper accountlnE records whlch dlclose with reasofiableac¢uracy at any tlme the flnanclal posltlon of the charitable company and whlth enable them to ensure that the flnanclal statements comply wlth the Companies Act 2006. They are also iespon51ble for safe8uardin8 the assets of the charitable company and hence for taklng reasonable steps for the prevention and detertion of fraud and other •rre8ularitles. Independent Examlner D&D A¢¢ountancy & Taxatlon Ltd were appolnted a5 Independent Examlner to the tharflable company and ale deen*d to be re appolnted In accordance wlth Section 487121 of the Companies Art 2006. Small company provlslons Thls report has been prepared In accordance wlih the speclal provislons for small companles under part 15 of the Cornpanles Act 2006. On Ihe behalf of the board R Sharma Chair K Kurusamy Treasur•r Datv. Page 5
Hindu Cultural Society of Bradford (A company Ilmited by 8uarantee) Independent Examlner's Report to the Trustees of Hlndu Cultural Soclety of Bradford I report to the eharity trustees on rny examlnatlon of the accounts of the Company for the year ended 31 Marth 2025 Responslbllltles basls of report As the charltrfs trustees of the Cornpany land also Its dlrertor$ for the purposes of company law} vou are responsible for the preparatlon of the accounts in aecordance with the requirements of the Companies Act 20061'the 2006 A&). Havlng satlsfled myself that the accounts of the Company are not requlred to be audlted under Part 16 of the 2006 Act and are ellglble for independent examlnatlon. I report in respect of rnv examination of your ¢harlVs accounts as carrled out under sectlon 145 01 the Charities Art 2011 ('the ZOII ACV). In carrying Ollt rny examlnatlon I have followed the Dlrectlons glven by the Charity Commlsslon under sectlon 14515) {b) of the 2011 Art. Ind•pendent examlnerfs statement I have eompleted my exarnlnatloft. I coTrfirm that no matters have come to my attentloft In connectlon wlth the examlnatlon 8lvlng rne cause to believe: l. a¢countln8 records were not kept lft respert of th• Company as r•qulred by se¢tlon 386 of th• 2006 Act; or 2. the accounts do not accord wlth those records: or 3. the accounts do not comply wlth the accountlng fequliements of 5ectlon 396 of the 2006 Art other than any requlrement that the aceounts give a'tft and falr vlew whkh Is not a matter consldered as part of an Independent examlnatlon; or 4. the accounts have not been prepared In accordance wlth the methods and princlples of the Statement of Re¢ommended Prartlce for aceountln8 and reportlng by charitie5 [appll¢ablo to charltles preparlng thelr accounts In attordance wlth the Flnanclal Reportln8 Standard applkablo In the UK and Republle of Ireland (Ffts 102)1. I have no concerns and have come across no other fftatters In tonnectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper undefstanding of the accounts to be reached. Signed: Name: Mr Venukrfshna Dontula IAFA. AT& MIPA) For and on behalf of D&D Accountany & Taxation Ltd tla D&D Accountsncy Instltute of Flnanclal Accountants Address: West44 Buslness Centre. 4HO Rlthardshaw Lane. Pudsey. LS28 7UR Date: Page 6
Hlndu Cultural Sodety of Bradford (A c¢)mpany Ilmlted by guarantee) Statement of financial activities (Incorporatlng the Incon and expendlture account) For the year ended 31 March 2025 Unr•stricted funds Restrirted funds 2025 Totsl 2024 Total Incomlng resources Incomln8 resources from generatlng funds: Voluntary income Investment income 198.228 198,228 263.049 3,016 Total Incomlns resources 198,228 198,228 266,065 Resources expended Charitable activities Gcwerance costs 119.934 4.331 119.934 4.331 124.275 4.968 Total resources expènd•d 124.265 124,265 129.243 Net In¢omelexpendlturel for the year 73,963 73,963 136,822 Total funds brought forward 4.031,117 4,031,117 394,295 Total funds carrled foNard 4.IOS,080 4,105.080 4J131,117 The statement of financlal actlvltle5 Includes all galns and losses In the year and therefore a separte statement of total reco8nlsed 8aln and losses has not been prepafod. All of the above relate to continuing actSvlties. The notes on pages 9 to 14 form an inte8ral part of these financial 5tatement5 Page 7
Hlndu Cultural Society of Bradford (A company limited by guarantee) Balance sheet as at 31 March 2025 Notes 2025 2024 Flxed a55ets Tangible assest io 3.694,845 3.627,817 Current assests Debtors Investments Cash at bank and In hand li Ila 33.797 170.000 211,483 415.280 33.797 374.548 408,345 Crediotrs:amounts fallin8 due withln one year 12 -5.045 -5.045 Net current assests 410 235 403 300 Total assets less cuffent Ilabllltles 4,105.080 4,031.117 Net assets 4,105.080 4,031,117 Funds Restrlcted income funds Unrestricted income funds. 13 4.105.080 4.031,117 Total funds 4,105,080 4,031.117 "For the finant•al year In questlon the company wa5 entltled to exefftption under section 477 of the Companies Act 2006 relatlng to small companles. No members have requlred the company to obtaln an audit of its accounts for the'year In questlon In accordance wlth sectlon 476 of the Companies Act 2006. The dirertors acknowledge thelr responsiblllty for ¢ornplyln8 Wlth the requlrements of the Ad wlth respect to accountln£ record5 and for ihe preparatlon of accounts. These accounts have been prepared in accordance wlth ihe provlwns.applicable to companles 5ublect to the. small companles, reglffle." The flnanclal statements wefe approved by the board on 231 iili•lfand s. n Its behalf A Sharm K Kuwsamy Chalr Treasurer The notes oft pages 9 to 14 form an integral part of these financial statements Page 8
Hindu Cultural Society of Bradford IA company limited by 8uarante•) Notes to financlal statements for year ended 31 Marth 202S AccountlnK pollcles The principal accounting policies are summari5ed below. The accounting polieies have been applled tonsisteTrily throughout the year and the proceedln£ year. Bas15 of a¢countln£ The a¢¢ounts have been prepared under the hlstorlfal cost convention, as modlfied by the revaluatlon of tertain flxed assets and Investments measured at market value. The accounts have been prepared accordance with FRS102leffectlve January 2015). and the requlrernents of Accounting and Reportln8 by Charitle5:Statement of Recommended Practice applicable to charlties preparln8 thlef accounts In accordance with SORP 2015 leffectlve January 2015). Transactlon to FRS 102 The charlty transltloned from previous UK GAAP to FRS 102 as at l April 2015. Detall of how FRS 102 has affec1 tho report Iln•nclal positlon and flnanclal p•rfOmia¢ Is 8lven In note ZO. Cashflow The tharfty has taken advanta8e of the exemptlon In FRSI from th• requlrements to produce a QhlI0W statement be¢ause It 1$ a small tharlty. Incoming resources All Incomln8 resources •re Included In the st•tement of flanclal artlvltle$ whefi the charlty 1$ entltled to the Income and the KCUfaCy reasonablè.The followln8 speeillc polleles are applled to partlcular categorles of Income. Voluntary Income is reCIed by way of 8rants.donatlon5 and 8ift5 andls Included. In ful In the statement of flnancial actlvltles when recelevable.Grants where entltlernent is not condltlonal on the dellvery of a speclfic performance by the charlty, are reco8nlsed when the charlty betomes uncondltlonally entltled to the grant. Donatlons and glft Income Is credlted to th? Income and expendSture account In the perlod recelved. Membershlp Income is credlted to the Income and expendlture account In the perlod recelved. Glft ald Income is Credited to the income and expeniture atcount Fn the perlod. The restrltted funds relate to the attlvitles of the Shree Krishna Elderly Day care Centre. fjrants. Includlng grants for the purchase5 of fixed assets are recognised In full In the statement ol flnandal artlvltles in the year lft whl¢h they are recelvable. Inrne1r0 investments is Included In the year in whith it Is recelvable. Page 9
Hindu Cultural Soclety of Bradford (A company Ilmited by guarantee) Notes to financial staternents for the year ended 31 March 2025 2.4 Resource Expended Expendlture Is recognised on an accural basis as a liablllty Is Incurred. Expemliture Includes any VAT which cannot be fully recovered, and Is reported as part of the expendlture to whlchlt relates. Costs of Keneratlng funds comprf5e the costs asso¢l•ted wlth attractln8 voluntary Income and the costs of trading for fundraislng purposes Including the chalrty's shop. Charltable expendtture comrplses those eosts Incurred by the charlty In the delivery of Its artlvltles and servlces for Its beneflclarles.lt Includes both costs th can to such artivitles and those costs of an indirert nature necessary to support them. 2.5 Tan8lble fixed assets and deprectlatlon Tan8lble flxed assets are staled at cost less accumulated depreclatlon.Deprecllon Is provided at rates calculated to wrlte off the cost less residual value of each asse5t over Its oxpecteduseful life. as lollows. Flxtures.fittln8s and equlpment- 25% r•ducln8 balance Depreclatlon of freehold bulldlngs ha5 not been provided for as they are conslslentlv kept at ahlgh standard of repalr. thelr e¢onomlc Ilfe Is sufficgntly long so that accumulated depretlatlon Is not materlal to these flnancial statements. 3 Voluntary Incorne Uniestrl¢ted funds Restricted fund 2025 Total 2024 Total Donatlons Glft aid tsx refund Grants recelvable Mmebership Other Inmm• 160.741 23.229 13,676 582 160.741 23.229 13,676 582 201,679 37.710 Z3,148 512 198.228 198.228 263,049 4 Investment Income Unrestrfrted funds 2025 Total 2024 Total Bank Interest re1vable 3016 3016 Page 10
Hindu Cultural Society of Bradford (A company Ilmlted by 8uarantee) Notes to finaneial statements for year ended 31 March 2025 Costs of charitable artlvltles-by fund type Unrestrlded funds Re5tr1rted fund 2025 Total 2024 Total HCS CharStable activities 119,934 119,934 0 119.934 124.275 0 119,934 124,275 Goverance ¢o$ts Unrestrfcted funds 2025 Total 2024 Total Accountancy Fees Bank cahr8e Depreclatlon & impalrment 1,440 290 2.601 4,331 1,440 290 2.601 4,331 3,468. Nrt 1ncomln81oulgolng resources for the year 2025 Total 2024 Total Net In¢omlngloul8olng resourtts Is slated after thar8in8: Depreclatlon and other amounts wrftten off In tangible xed assert 2,601 3.468 2,601 PaEe 11
Hlndu Cultural Society of Bradford IA company limlted by 8uaranteel Notes to financial statements for year ended 31 March 2025 Employee5 Employment costs 2025 Total 2024 Total Wages and salarles 43,449 43,449 41.0 41,090 No employee re¢el¥ed employment ol more than £60.00012024:none) Number of employees The average monthly numbors of employees durln8 the year. calculated on the b•sls of full tlrne equlvalents.was as follows: 2025 Number 2024 Number Mana8ement and admlnistratlon of the charlty Communlty centre Taxatlon The charlty's actlvltles fall wlthln the exemptlons afforded by the provlslons of th• Income and CorporatSon Taxes Act 1988Accordlngly, there Is no taxatlon charges In these #counts. io Tan8lble flxed assets Land and FIMlure$ Sllver bulldlnss Freehold ffttln8s and equlpments and gold totsl Cost As at l Aprll 2024 Additt5on At 31 March 2025 3.606.413 IS8,723 69.629 228,352 11,000 3.776.136 69,629 11,000 3,845,765 3,606,413 Deprecl*ion At l Aprll 2024 Change for the year At 31 March 2025 148,319 2.601 150,920 148.319 2.601 150.920 Net book values At 31 March 2025 3,606.413 77.432 11.000 3,694,845 At l Aprfl 2024 3.606,413 10,404 11.000 3,627.817 P4•lt
Hondu Cultural Society of Bradford (A company limited bv Euarantee) Notes to financial Statements for year ended 31 March 2025 2025 Total 2024 Total li Debtors Trade debtors Prepayments and acfured Incoffle 33.797 33.797 33.797 33,797 Ila Investments 1025 Total 1024 Total Investment 170,1100 170.WO 12 CredltOTS'. Amount lallln8 due wlthln one year 2025 Total 2024 Total Trade crédltors other creditors Accurals and deferred Income 5.045 5,045 5.045 5.054 13 Analysls of net ass•ts between funds Unrestrlcted Restricted Total fund5 lunds funds Fund balances at 31 March 2025 represented by: TanBible flxed asstes Current assets Current Ilabllltles 3.694.845 415.280 -5,045 4,105,080 39445 415.280 -5.045 4,105.080 14 Unrestrlrted funds At l Aprll 2024 incomln8 outgoln8 resources transfer 31March 2025 Unrestrlcted funds 4,031,117 198,228 -124,265 4,105,080 15 Restricled fvnds At l Aprll 2024 Incomln Ooutyolng resources At 31 March Z025 resources Transfers Restrlrted funds
Hlndu Cultural Soclety of Bradford (A company limited by 8uaranteel Notes to financlal statements for year ended 31 March 2025 16 Financial commitment The Klthcen renovatlon work has been proposed whlch wlll be funded through the.reserve lund$ and there is no other flnanclal commitments for the charity. 17 Cornpany Ilmlted by Guarantee Hlndu Cultural Soclety of Bradford Ilmlted by 8uarantee and accordlngly does not have a share capltal.The Ilability of each member15 the event of wlnding up Is Ilmlted to £l.There were 17 members at 31 Mareh 2025. Pa8e 14
Hlndu Cuftural Soclety of Bradford (A company limited by guarantee) The following pages do not fomi part of the statutory accounts. Pa8e 15
Hindu Culturnl Society of Bradford. (A company Ilmited by guarantee) Incoming resources Incomlng resources from generating funds: Voluntory income Donatlons Gifts ald tax refund Grant receivable Mefflbership Other income 2025 2024 160.741 23.2Z9 13.676 582 201.679 37.710 23.148 512 198,228 263.049 Investment Income Bank Interest recelvable 3.016 3.016 Total Income resources Resources expended HCS Charitable artlvltles Wage5& sJlarles Rates & water Ught & heat Repalrs & malntenanc• Insurance Prlntln8•POSta8e&statlonery Plateslspoons& gr4xerles Travel Telephone & Intemet Professlonal fees Events Cost Cleanln8& Waste dlsposal Other expenses Donatlons 198.228 266,065 43.449 1.260 18,412 3.067 4,430 1.240 10.703 3.923 1,479 3.434 17.433 1.240 41,090 IA87 16,880 9,156 4.114 1,062 9A14 3.890 1.154 6,355 1,740 9.864 119.934 27.533 124.275 Governance costs Accountancy fq• Bank char8e Depreclatlon 1,440 60 3,468 4,968 290 2.601 4,331 Total resources expended Net Incomlngloutioln8 resources 124,265 73,963 129,243 136,8Z2 Pa8e 16