Charity registration number: 1119239 **SANGAM FOUNDATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** Ripe LLP Chartered Accountants 9A Burroughs Gardens London NW4 4AU ## **Sangam Foundation Contents** ||**Page**| |---|---| |Trustees' Report|1—6| |The Statement of Responsibilities|7| |Independent Examiner's Report|8| |Statement of Financial Activities|9| |Comparative Statement of Financial Activities|10| |Statement of Financial Position|11| |Notes to the Financial Statements|12—21| **Sangam Foundation Trustees' Report For The Year Ended 31 March 2025** The trustees present their report and the financial statements for the year ended 31 March 2025. ## **Reference and Administrative Details** ## **Trustees** Ms P M Virani - Chairperson Ms P Gajjar - Treasurer & Maintenance Ms S A Sanghani - Human Resources (HR) & Seniors Club Ms S Kabra - Secretary & Activities Ms S Shah - Community Projects & Grants (elected Oct 3, 2024) Ms S Karia - Social Media & Newsletters (elected Oct 3, 2024) ## **Charity Number** 1119239 ## **Principal Address** 210 Burnt Oak Broadway Edgware London Middlesex HA8 0AP ## **Independent Examiner** Ripe LLP Chartered Accountants Robert Glazer FCA Chartered Accountant and Registered Auditor 9A Burroughs Gardens London NW4 4AU Page 1 ## **Trustees Report** ## **Message from Chairperson** This year has been a transformative period for the Sangam Foundation, marked by significant changes and exciting developments. At the last Annual General Meeting (AGM), members approved the transition from Sangam Association of Asian Women to Sangam Foundation, adopting a new operational model that focuses on collaboration with other charities and prioritizes third-party initiatives at our centre, as well as projects beyond our premises. A key priority was rebranding and communicating this change effectively. A significant amount of time was dedicated to developing a new website, which was launched towards the end of the year. The process involved careful consideration of wording and presentation to accurately reflect our new identity. We also organized a fun and engaging photo shoot with members in May 2024, capturing the spirit of our community. Our Seniors Ladies Club and the FOS team participated enthusiastically. In July, we enjoyed a delightful tea event at the Landsby in Stanmore, complete with a culinary demonstration by the chef. The AGM in September 2024 welcomed two new trustees, Sadhana Karia and Shobhna Shah. By popular demand, we celebrated Diwali in October with a vibrant event featuring music, shopping, and delicious food, staying true to our Sangam style. International Women's Day was marked with a gala tea at the Dilly's in Mayfair on March 6, featuring inspiring South Asian women Meera Syal, Shobhu Kapoor, and Maya Sondhi, creating a memorable afternoon. Alongside these events, the Sangam board has been working diligently on rebranding efforts, including the development of a new website, social media presence, logo, and colour scheme. We've also established connections with various charities to launch much-needed projects in the community. Under the Maitri Project, a collaboration with the Women's India Association UK, we've continued to provide Hot Meal services supported steadfastly by NishkamSWAT, significantly increasing meal provision from 30 to approximately 90-100 meals weekly. Furthermore, we're in discussions with NHS Northwick Park Hospital Trust to establish a Continuity of Maternity Care service at the Sangam Foundation premises, aiming to provide vital support to expectant mothers and new families. Counselling services have expanded through partnerships. We now have EACH Counselling service for domestic violence and mental health issues running thrice a week and the Asian Family Counselling Services once a week providing its valuable work. Our Senior Citizens Club meets every Tuesday, with around 180 members, though we've sadly lost some members and are yet to re-establish the Senior Men's Club. Yoga classes on Thursdays are gaining popularity, and our Bridge Club is thriving. We look forward to renewed interest in our Knitting and Cultural Clubs. This report reflects the Foundation's dynamic progress and community engagement, setting a positive trajectory for future initiatives and collaborations. Page 2 ## **Maintenance** Building maintenance activities this year addressed various essential areas. Plumbing issues in the ladies' and men's washrooms were resolved, including replacing components due to leaks. A significant issue with water leaking from a manhole in the carpark, causing flooding, was addressed with assistance from Thames Water. Gardsec, our security company, carried out annual maintenance of the Intruder alarm, Door entry, and Fire Alarm systems, and conducted a Fire Risk Assessment. The intruder alarm was upgraded in November to align with new technology and monitoring requirements. Annual servicing was completed for CCTV, Bush Fire, Lift, AC Units, the Flexi-wall partition in Bagri Hall, and PAT testing. A deep cleaning of the entire first floor, MMA Hall, Foyer, Kitchen, and both washrooms was undertaken, including skirting boards and doors. We renewed annual contracts with SSE and Zurich Life Insurance and added Health and Safety services with Peninsula. Refurbishment works included replacing double-glazed window units across the building and painting all frames, replacing wooden Gables at the front and back of the building, and refurbishing both second-floor conference rooms with new vinyl herringbone flooring and painting walls and cupboards. Planned works for the coming year include: - Varnishing Main entrance doors - Replacing flooring in the Office area and Main entrance foyer - Refreshing walls and doors on the ground floor - Installing new energy-saving lighting on the ground floor - Reconfiguring the Resource room to create a larger space for small functions/meetings - Renovating first-floor washrooms - Installing new Sangam Foundation signage **.** ## **Activities** ## **Senior Citizen’s Club** Our Senior Citizen Ladies Club meets every Tuesday from 11:15am to 12:15pm for yoga and thereafter for satsang and social gathering. They have a vibrant membership of 70 seniors. Throughout the year, we've celebrated various Hindu festivals, including Holi, Ramnavmi, Hanuman Jayanti, Janmasthmi, and Navratri, fostering a sense of community and cultural connection. To promote mental health and engagement, we've organized fun activities like games, bingo, quiz, antaksri, and chit chat sessions, complemented by informative health talks. In September, our seniors embarked on a spiritual trip to temples and Goshala in Leicester for shraddh, enriching their spiritual journey. Our festive celebrations continued with a Diwali party in October, featuring music by Meena Trivedi and group, sponsored by Divyang Bhatt & family. The event supported the Heart Foundation, our chosen charity for Aarti money collected through the year. We also celebrated Tulsi Vivah in November and a Christmas lunch at Bombay Spice in December, enjoying a delightful afternoon. Page 3 In February, Kunji Patel delivered an informative talk on Bowl Cancer, raising awareness among our members. March was a busy month, with celebrations of Mothers Day, Holi, and Women's Day, featuring games, antaksri, and inspirational discussions about overcoming challenges. These activities demonstrate our Senior Citizen Club's commitment to promoting social interaction, cultural heritage, and overall well-being among its members. Since Covid, the Senior Men’s club Which met every Monday from 12pm to 3pm has dwindled in number and have not been meeting regularly. To encourage more members, we have not kept any membership fees and also provide snacks. ## **Friends of Sangam** Membership is made up from the past Board of Directors and Sub-committee volunteers. It created a social platform for the members to stay connected. They use the centre to have get-togethers and also organise and help the directors at fund raising events. ## **Bridge** The Bridge club is growing. Now we have 40 regular members who pays Real bridge online. The payment for membership has remained as £50 per year. We have some players who come occasionally and pay one off payment of £2. We had a very enjoyable Bridge Christmas party followed by in person bridge session. Everyone enjoyed it and we receive donations from bridge members. We run occasional bridge classes of 10 lessons for £125 which will start when we have enough participants. ## **Yoga** Yoga classes for all levels especially suited for beginners and mature adults run every Thursday from 11am to 12pm. To encourage local community, we charge a nominal £4 per class. We have now some 8 to 10 regular attendees. ## **Grants and projects** The charitable objects of Sangam Foundation are to improve people’s lives through the provision of grants to appropriate organisations or individuals, as the trustees deem fit in their absolute discretion. In reviewing the Foundation’s aims and objectives and in setting the grant-making policy for the year, the trustees have had due regard to the Charity Commission’s guidance. Sangam Foundation offers grants to non-profit charitable organisation actively supporting and empowering communities. Some will be smaller one-off grants and others will be more long term funding. We are in the process of preparing the application forms Our primary objectives are: - Empowering the disadvantaged - Relieving poverty for those in need. - Improving mental and physical wellbeing. - The provision of facilities in the interests of social welfare & advancement of education. Page 4 In January 2025, the Foundation awarded a grant to **EACH Counselling and Support (EACH).** The grant supported the delivery of a low-cost, culturally appropriate counselling service for vulnerable residents living in the London Borough of Barnet and across North and West London. EACH commenced delivery of this service from the Sangam Centre premises towards the end of March 2025. We annually donate for Christmas to the Noah’s Ark Hospice. We have collaborated with the Womens’ India Association of UK under the **Maitri Project** , a pilot scheme to identify and support the needs of the wider community at the Sangam premises. It offers the following services: ## **1. Asian Family Counselling Service** AFCS has been running counselling services at Sangam since July 2023. In total, we have received 28 referrals, but only 19 clients were suitable for our service. In total, 172 sessions of counselling have been held. Out of the 19 clients seen,3 were men. 11 clients have been discharged and 8 are ongoing. The clients being referred for counselling to Sangam are mainly women who have suffered trauma in their lives arising from violence at the hands of family members. Most have suffered in silence and coming to Sangam for counselling is the first time they have been able to share their pain. The main issues have been family, marital, anxiety, depression, domestic violence and trauma. Counselling at Sangam is now offered on Fridays and Mondays, so as to give clients a choice of day. Online and telephone counselling has also been provided to those clients that were unable to come into the office for counselling. ## **2. Pro Bono Legal Advice by RPK Solicitors Ltd** RKP Solicitors led by Ratika Puri Kapoor, specialise in all aspects of UK immigration and nationality law, UK residency and visa related matters. They offer free consultations once a month on a Thursday to Sangam clients in person at the centre or remotely. ## **3. Free Hot Meal Service** supported by NishkamSWAT The Hot Meal service started December 2023 to help those in need during the winter months and the dire economic times. We have carried on with this service as we can see the appreciation and need. Every Wednesday, the NishkamSWAT team comes with their van ensuring safety and support. We started with 30 hot meals being served in disposable containers. The SWAT team bring drinks and dry snacks to add to the meals. The local community comes and there are many regulars who are waiting every Wednesday for the bag of hot meal and snacks. We now serve approximately 90 meals every week. We have had some meals provided as donations but need more local restaurants and our members to participate. ## **Events and membership** Sangam Foundation has a membership of 290 life members. All newsletters and communications are shared via email. Our administrator uses Mailchimp to ensure a consistent and professional newsletter format, with Canva used for images and event posters. Page 5 Throughout the year, the Foundation hosted and supported a wide range of events aimed at promoting wellbeing, cultural connection, and community engagement. These included the Senior Ladies Health Awareness Talk, International Women’s Day celebration, an Ayurveda Self-Care Workshop, the Golden Gatherings Picnic, Diwali and , and the Seniors’ Christmas Lunch, among many others. These events provided opportunities for learning, celebration, social interaction, and support across different age groups, reinforcing Sangam Foundation’s role as a welcoming and inclusive community hub. ## **Disclosure of information to auditor** Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware. The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: ......................................... Piyusha Virani Chief Executive Officer and Trustee Page 6 **Sangam Foundation The Statement of Responsibilities For The Year Ended 31 March 2025** ## **Statement of Trustees' Responsibilities** The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgments and accounting estimates that are reasonable and prudent; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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 trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The trustees' report was approved by the board of trustees and signed on its behalf by: Ms P M Virani Trustee Date Page 7 ## **Sangam Foundation Independent Examiner's Report to the Trustees of Sangam Foundation For The Year Ended 31 March 2025** I report to the trustees on my examination of the accounts of Sangam Foundation (the Trust) for the year ended 31 March 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ripe LLP Chartered Accountants Date Robert Glazer FCA Chartered Accountant and Registered Auditor 9A Burrough Gardens London NW4 4AU Page 8 ## **Sangam Foundation Statement of Financial Activities For The Year Ended 31 March 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Charitable activities
Raising funds
Activities for generating funds
Income from Charitable Activities
Investments
**4**
**EXPENDITURE ON:**
Raising funds
**5**
Charitable activities:
**5**
Governance and support costs
NET INCOME
NET MOVEMENT IN FUNDS
**RECONCILIATION OF FUNDS:**
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
**15**|**Unrestricted**
**funds**
**£**
1,495
4,807
30,303
174,250
12,288
12,152|
**Restricted**
**funds**
**£**

2,817

-

-

-

-

-|**2025**
**Total funds**
**£**

4,312

4,807

30,303

174,250

12,288

12,152|**2024**
**Total funds**
**£**

8,916

-

-

235,080

6,212

7,857| |---|---|---|---|---| ||235,295|
2,817|
238,112|
258,065| ||(171,261)
(12,370)|
(24,263)

-|
(195,524)

(12,370)|
(128,498)

(24,033)| ||(183,631)|
(24,263)|
(207,894)|
(152,531)| ||51,664|
(21,446)|
30,218|
105,534| ||51,664
3,380,166|
(21,446)

679,959|
30,218

4,060,125|
105,534

3,954,592| ||3,431,830|
658,513|
4,090,343|
4,060,126| The notes on pages 12 to 21 form part of these financial statements. Page 9 ## **Sangam Foundation Comparative Statement of Financial Activities For The Year Ended 31 March 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Activities for generating funds
Income from Charitable Activities
Investments
**4**
**EXPENDITURE ON:**
Raising funds
**5**
Charitable activities:
**5**
Governance and support costs
NET INCOME
NET MOVEMENT IN FUNDS
**RECONCILIATION OF FUNDS:**
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
**15**|**Unrestricted**
**funds**
**£**
5,673
235,080
6,212
7,857|
**Restricted**
**funds**
**£**

3,243

-

-

-|**2024**
**Total funds**
**£**

8,916

235,080

6,212

7,857| |---|---|---|---| ||254,822|
3,243|
258,065| ||(104,304)
(24,033)|
(24,194)

-|
(128,498)

(24,033)| ||(128,337)|
(24,194)|
(152,531)| ||126,485|
(20,951)|
105,534| ||126,485
3,253,681|
(20,951)

700,911|
105,534

3,954,592| ||3,380,166|
679,960|
4,060,126| The notes on pages 7 to 14 form part of these financial statements. Page 10 ## **Sangam Foundation Statement of Financial Position As At 31 March 2025** |**Notes**
**FIXED ASSETS**
Tangible Assets
**11**
**CURRENT ASSETS**
Debtors
**12**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One**
**Year**
**13**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
**15**
On behalf of the board|**Unrestricted**
**funds**
**£**
2,987,849|
**Restricted**
**funds**
**£**

523,474|**2025**
**Total funds**
**£**

3,511,323|**2024**
**Total funds**
**£**

3,532,524| |---|---|---|---|---| ||2,987,849
32,965
583,858|
523,474

-

-|
3,511,323

32,965

583,858|
3,532,524

12,683

570,067| ||616,823
**(37,803)**|
-

**-**|
616,823

**(37,803 )**|
582,750

**(55,148 )**| ||**579,020**|
**-**|
**579,020**|
**527,602**| ||**3,566,869**|
**523,474**|
**4,090,343**|
**4,060,126**| ||**3,566,869**|
**523,474**|
**4,090,343**|
**4,060,126**| ||||658,513
3,431,830|
679,960

3,380,166| ||||4,090,343|
4,060,126| |||||| Ms P M Virani Trustee Date The notes on pages 7 to 14 form part of these financial statements. Page 11 **Sangam Foundation Notes to the Financial Statements For The Year Ended 31 March 2025** ## **1. General Information** Sangam Foundation is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1119239. The principal address is 210 Burnt Oak Broadway, Edgware London, Middlesex, HA8 0AP. ## **2. Accounting Policies** ## **2.1. Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are presented in Sterling (£) and figures are shown to the nearest whole pound. ## **Statement of compliance** The financial statements have been prepared in accordance 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 in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **2.2. Going Concern Disclosure** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. ## **2.3. Incoming Resources** ## **Income and endowments** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. ## **Donations and legacies** Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. ## **Donated services and facilities** Where services or facilities are provided to the charity as a donation that would normally be purchased from our suppliers, this benefit is included in the financial statements at its fair value unless its fair value cannot be realiably measured, then at the cost to the donor or the resale value of goods that are to be sold. Page 12 **Sangam Foundation Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## **2.4. Resources Expended** ## **Expenditure** All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs. ## **Raising funds** These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. ## **Charitable activities** Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## **Governance costs** These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses. ## **2.5. Tangible Fixed Assets and Depreciation** Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: The property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the trustees. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the statement of financial activities. Leasehold 50 years on cost Fixtures & Fittings 5 years on cost ## **2.6. Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## **2.7. Taxation** The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Page 13 **Sangam Foundation Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## **2.8.** ## **Trade Debtors** Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. ## **Trade Creditors** Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. ## **Fund Structure** Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. ## **3. Income from Donations and Legacies** |Donations and gifts
Member subscriptions and sponsorships
Gift aid
Donations and gifts
Member subscriptions and sponsorships
Gift aid|**Unrestricted**
**funds**
**£**
449
946
100|**Restricted**
**funds**
**£**

2,817

-

-|**2025**
**Total**
**funds**
**£**

3,266

946

100| |---|---|---|---| ||1,495|
2,817|
4,312| ||**Unrestricted**
**funds**
**£**
4,869
804
-|**Restricted**
**funds**
**£**

3,243

-

-|**2024**
**Total**
**funds**
**£**

8,112

804

-| ||5,673|
3,243|
8,916| ## **4. Investment Income** Page 14 ## **Sangam Foundation Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** |Bank interest receivable
Other interest receivable
**5.** **Analysis of Expenditure**
Raising funds
Governance and support costs
Raising funds
Governance and support costs|**Activities**
**undertaken**
**directly**
(see note6)
**£**
190,523
12,370|**2025**
**2024**
**Unrestricted Unrestricted**
**funds**
**funds**
**£**
**£**
12,149
7,857
3
-
12,152
7,857
**2025**

**Support**
**costs**
(see note7)
**Total**
**£**
**£**

5,001
195,524

-
12,370

5,001
207,894
**2024**
**Activities**
**undertaken**
**directly**
(see note6)
**£**
128,498
24,033
152,531|**2025**
**Unrestricted**
**funds**
**£**
12,149
3|**2025**
**Unrestricted**
**funds**
**£**
12,149
3| |---|---|---|---|---| ||||12,152|| |||||

| ||202,893|
5,001||| |||||| Page 15 ## **6. Direct Costs** **2025** |**.** **Direct Costs**|||**2025**| |---|---|---|---| |||**Governance**|| ||**Raising**|**and support**|| ||**funds**|**costs**|**Total**| ||**£**|**£**|**£**| |Fundraising activities:|||| |Sundry expense|11,208|
-|11,208| |Accountancy fee|-|
5,987|5,987| |Legal fee|-|
3,223|3,223| |Employee costs:|||| |Wages and salaries|25,660|
-|25,660| |Employers pensions - defined contribution schemes|361|
-|361| |Travel and subsistence expenses|45|
-|45| |General administration:|||| |Classes expenses|6,305|
-|6,305| |Light & Heat|20,915|
1,101|22,016| |Computer software, IT consumables and maintenance|6,160|
324|6,484| |Repairs, renewals and maintenance|65,130|
379|65,509| |Insurance|2,125|
112|2,237| |Marketing and advertising costs|6,547|
-|6,547| |Data and telecommunications costs|2,236|
118|2,354| |Rates & water|6,482|
341|6,823| |Cleaning.|14,919|
785|15,704| |Printing, postage and stationery|775|
-|775| |Depreciation:|||| |Depreciation of fixtures and fittings|300|
-|300| |Depreciation of leasehold land and property|20,900|
-|20,900| |Interest payable:|||| |Bank charges|455|
-|455| ||190,523|
12,370|202,893| Page 16 ## **6. Direct Costs** **2024** ||||**2024**| |---|---|---|---| |||**Governance**|| ||**Raising**|**and support**|| ||**funds**|**costs**|**Total**| ||**£**|**£**|**£**| |Fundraising activities:|||| |Sundry expense|15,507|
-|15,507| |Fundraising expenses|6,236|
-|6,236| |Audit fee|-|
5,875|5,875| |Accountancy fee|-|
4,604|4,604| |Legal fee|-|
10,412|10,412| |Employee costs:|||| |Wages and salaries|18,663|
-|18,663| |Employers pensions - defined contribution schemes|224|
-|224| |General administration:|||| |Staff Training & webinar|107|
-|107| |Classes expenses|3,702|
-|3,702| |Light & Heat|29,972|
1,578|31,550| |Computer software, IT consumables and maintenance|3,630|
191|3,821| |Repairs, renewals and maintenance|4,473|
235|4,708| |Insurance|2,744|
144|2,888| |Marketing and advertising costs|674|
-|674| |Data and telecommunications costs|2,050|
108|2,158| |Rates & water|2,467|
130|2,597| |
Cleaning.|14,373|
756|15,129| |Printing, postage and stationery|392|
-|392| |Depreciation:|||| |Depreciation of fixtures and fittings|1,935|
-|1,935| |Depreciation of leasehold land and property|20,900|
-|20,900| |Interest payable:|||| |Bank charges|449|
-|449| ||128,498|
24,033|152,531| Page 17 ## **7. Support Costs** |**.** **Support Costs**||| |---|---|---| |||**2025**| |||**Raising**| |||**funds**| |||**£**| |General administration:||| |Charitable donations||1,001| |Governance costs:||| |Independent examiner's fees||4,000| |||5,001| |**.** **Independent Examiner's Remuneration**||| ||**2025**|**2024**| ||**£**|**£**| |Independent examination of the financial statements|4,000|-| |Other assurance services|-|-| |Tax advisory services|-|-| |Other financial services|-
|-| ||4,000|-| ## **8. Independent Examiner's Remuneration** ## **9. Staff Costs** Staff costs were as follows: |**.** **Staff Costs**
taff costs were as follows:||| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Wages and salaries|25,660|18,663| |Other pension costs|361
|224| ||26,021|18,887| No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. ## **10. Average Number of Employees** Average number of employees during the year was: 1 (2024: 1) Page 18 ## **11. Tangible Assets** |**11.** **Tangible Assets**|||| |---|---|---|---| ||**Land &**||| ||**Property**||| ||**Leasehold**|**Fixtures &**
**Fittings**|**Total**| ||**£**|**£**|**£**| |**Cost**|||| |As at 1 April 2024|4,032,292|271,508|4,303,800| |As at 31 March 2025|4,032,292|271,508|4,303,800| |**Depreciation**|||| |As at 1 April 2024|500,631|270,645|771,276| |Provided during the period|20,901|300|21,201| |As at 31 March 2025|521,532|270,945|792,477| |**Net Book Value**|||| |As at 31 March 2025|3,510,760|563|3,511,323| |As at 1 April 2024|3,531,661|863|3,532,524| |**12.** **Debtors**|||| |||**2025**|**2024**| |||**£**|**£**| |**Due within one year**|||| |Trade debtors||2,919|-| |Other debtors||30,046
|12,683| |||32,965|12,683| Page 19 ## **13. Creditors: Amounts Falling Due Within One Year** |**3.** **Creditors: Amounts Falling Due Within One Year**||| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Trade creditors|7,719|1,067| |Other creditors|25,713|45,555| |Taxation and social security|371|88| |Accruals and deferred income|4,000
|8,438| ||37,803|55,148| ## **14. Pension Commitments** The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £361 (2024: £224). At the statement of financial position date contributions of £NIL were due to the fund and are included in creditors. ## **15. Movement in Funds** |**5.** **Movement in Funds**||||| |---|---|---|---|---| ||**As at 1 April**|||**As at 31**| ||**2024**|**Income**|**Expenditure**|
**March 2025**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General:||||| |General unrestricted fund|3,380,166|235,295|
(183,631)|3,431,830| |**Restricted funds**||||| |Restricted|679,959|2,817|
(24,263)|658,513| |**Total funds**|4,060,125|238,112|
(207,894)|4,090,343| ||**As at 1 April**|||**As at 31**| ||**2023**|**Income**|**Expenditure**|
**March 2024**| ||**£**|**£**|**£**|**£**| |**Unrestricted funds**||||| |General:||||| |General unrestricted fund|3,253,681|254,822|
(128,337)|3,380,166| |**Restricted funds**||||| |Restricted|700,911|3,243|
(24,194)|679,960| |**Total funds**|3,954,592|258,065|
(152,531)|4,060,126| Page 20 **16. Transactions with Trustees** None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. No trustee expenses have been incurred. ## **17. Related Party Disclosures** There have been no related party transactions in the reporting period that require disclosure. Page 21