SHARE CHARITY (SIKH HISTORY AND RELIGIOUS EDUCATIOMI REPORT AND FINANCIAL STATEAIENT3 FOR THE YEAR ENOEO 31 MARCH 2026 SHARE CHARtrY INDex TO THE FINANCIAL STATEMENTS for the y•ar ended 31 PAARCH 2025 P•g• Charty R8fernn¢• and Adrninlstrative InlonnAtlon Trustses, Rèport Independ•nt Exarninerf8 Raport stat8rn•nl of FinAnclal Actlvithes B818nc8 Sheet Not•s to th• Finandd Slatementh 74 SHARE CHARITY CHARrrY REFERENCE AND ADMINISTIIAVTIVÉ INFORMATION Tru•tso8: T Dhesi N Kaur B Singh J Singh Prfnclp•l Offlc•: 4749 CroBB Rood Cov8ntry st MidlandB CV8 5GR Charlty No: 1120428 Ind•p•nd•nt Ex•fflln•r. G. R. Cox BA FCA DoNems Audit ￿rnrted charter￿ Accounlants and Statutory Auditors Ong EaS￿oOd Harry Wesion Road Binby Business Park Coventy CV3 2U8 8•nk•rn: Lloyd8 Bank PIC High Street Co￿ntry CV15RE SHARE CHARITY TRUSTEES. REPORT FOR THE YEAR ENOEO 31 MARCH 2025 The Tru8tee5 present th￿r r8POrt and finandal ststem8nts for the year eTrJed 31 March 2025. Th¢ Trustses have 8dopted the provistOn5 of Statement of Recommended Practic8 ISORPI"Accounts'ng and Reporb"ng by Charib'es. IFRS 1021 in preparing the Annual Report8nd financial Btatern￿ts ofthe Charity. STRUCTURe, GOVERNANCE ANO MANAGEMENT GOVERNING DOCUMENT The Charity is govemed by ts constituth)n. Th8 Ch￿ty was wistwed on 11 October 2CX)9 INO.. 11204281. RECRUITMENT AND APPOINTMENT OF TRUSTEES SHARE Charity 18 run by the Trustees who dgtemiin& the appointment of new Tru$tees. There have teen no n9w addib'ong to the TnJ$leeB during the curr8nt year. During the year one T¥usts8, G Slngh, resigned Dn 04 Juty 2025. ACTIVITIES AND CHARITABLE OBJECTS The objeclivtss lor which the Charity ar8 to advanc8 thè Sikh relwJion and Sikh religious 8ducaticn. The fol￿1 8nd a85151ance ol in any part of the workl aro the ￿ctimS of war or n8lur81 di988tsr, trouble. or catastrephe in Such ways 88 th8 Tru5tses shall think flt, Th• Charity d8p8nd8 on the 8UPPOrt ol its rnernberg for Its conb'nuing 8uCe•￿. The Trustees hav• had regard to th• Charity Comrn18$10n's guidance on publlc benefft, ACHIEVEMENTS AND PERFORMANCE Major actlvitle$ Ihls year to achl•va th? above obl•ctivg¥ have been,. Ral8Bse 01.19 that Par8?, Turban?, Relea8& of '1$ th¥t Paras, Kara?, Ther w¢re tyvo Sikh R•covèry rètrèats Unfver6ity Parchaar Tour in India FINANCIAL REVIEW The Charity's finances Sh￿ a lo$$ on ordinary activitlgs of £27,871 12024., profit of £28,934) for th• yèar ondgd 31 M8rch 2025, Unrestricted lunds CBrried fo￿ard on 31 March 2025 tDl81 £83.40012024.. £111.2711. RESERVES POLICY Tha Trustees have examined the Charty's r•quirgm8nis for r•sgrve8 In the Ilght of th¥ main risks to th? organi$atson. Tha Charity aims to hc4d fin8nual reservès of £4,CX)O. TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The law applicableto chanlies in En918nd and Wa￿5 requiresthe Trusteès toprepare financial 8t8tementg for èach financKg1 ya8r which give a true and falr view ol the Charivs finanaal actsvit*s during the year of Its P08ition at the and ofthe year. In preparing financrdl statèmènts, giving a trua and lair y￿w, th? Tru8tseB shoukl fdltsw be8t practica and." Belect suitablè accounting pol*iÈ8 and then apF4y thern Consistent￿., observe the method5 and prIn￿￿S ol Ihg Charities SORP,. rnake judg8ments and 6gti178tès that are ￿aSonat4e and prudent", stats whether Sp￿IG9bI￿ accounting standards and statements of recommendèd practice have been followed, subj'ect to any rnaterlal departures disclos8d and explained in thè financial ststernents.. prepare the financial stat8m8nts on the goi￿ basis unless rt is 1nakpr0wia￿ to presume that th¢ Ch8rity wll continu8 its aCtiwt￿s. SHARE CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Icontlnuedl The TrsJ5tee8 are responsible for keeping proper 8Gcounting rec(*ds. which disclose wth ￿8$onable a￿￿r9¢Y at any tirne. thè financial p05thon ol the Chanty and which enab￿ them to ensure that the finan081 statements compty wrth the Charit'es Acl 2011, the Charity (Accounts and R&portsl Regulaknans and Ihg provIs￿nS of th8 Trust Deed. Thay have general responsibilty for taking such steps 8s are re&sonabty open to them to safegusTd the assets of the Charity and to prevent and detectfraud and olher irregularitss. Approv8d by order of the Board of Trustees on 2510612026 and signed on their beh811 by.. N Kaur- Trustee SHARE CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHARE CHARITY Indopend•nt Enmlnevg R•portto the Tru¥t8•a of SHARE Ch•rlty I report lo the Charty Trustees on my èxarninabon ofthe accounts of the Chanty for th& year ended 31 March 2025 which a￿ set ￿lt on pages 5 to 9. Ro8pon8lbllltieB and bul¥ of report A¥ the Charity'5 Trustees you arè iesponslble for the preparation of the 8cc￿jnts in accudance with the rwuiremgnts ol the Charltie8 Act 2011 ACVI. I rèport in respect of my examination ttf the Charity's accounts carrN8d oul under sethon 145 ol the Act in Carrying out my examination I hava lolLvied all the aFvlicable Diffjction$ given by the Charity Commkq8ion under 8ectKJn 1445llbl of the Act. Indèpendent •xamln•rf• 8tatorn•nt I have completed my examinakn'on. I confirm that no matters have come to my attèntion in conn￿.(￿ wth t￿ examination gNing me rAuse to believe tral in any materiBI reBpect accountlng records ￿re not kept in r•spact oflhe Charly as required by Soctlon 386 of thè 2006 Act., or 2. the accounts do not Accord ￿1th thos• W¢0￿￿,. or 3. the accounts do not compty with the applicable r•qulornents conceming lh8 lorm and conlent ol accounts sèt out In Ch8rrties (Accounts and Report$l Regulations 2008 other than any raryuirement that thè accounts giva a Irue and fglr view whKh Is not A matter considered 89 part of an indgpendent examination. I haw no concems And hgve corne across no other rnattar¥ in connection with the exarninalion to attèntion should be drawn in this report in order to èna￿8 a proper understsnding of the accountg to be reached. Si9rnd.. G•offr•y Cox BA FCA Ilnstituta ol Chartered Accountant8 in England aThJ wa￿5) Daffernj Audit Limitsd Chartered AcLounl8nts and Stat(rtory Auditc One EashNood Harry Weston Rtsod Binley Busin?58 Pa CovÈnty CV3 2UB Dattr". IS 202 SHARE CHARrrY STATEMENT OF FINANGIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Unrn8trlct•d lunds Incomo frorn.. Donations, Fund Raigng & Mèmt•rship Fe8 45,002 67,543 Total Incom• 45,002 87,$43 Exp•ndltuv• on: Purchase Mov8m8nt in dosing 8tod( Adverbsing and PR Accounts and indep•nd•nt 8x8minal.on fee Bank L*arges Olhgr Costs Insurance IT SO￿are and ¢￿sUMable9 Recording costs and aFP dovdowonl Ststionery and pdnling Telephone and internèt Donations HR costs Trav•1 13.2391 5,476 4,560 70 2,311 46 4,220 31.774 801 15,0001 5,939 4.365 104 3,529 114 2,7B4 17,242 4,887 16,308 3,256 4,042 2.995 Totsl •xp•ndltur• 89.634 38 809 N•t l•xp•ndltur•lllncom• 124,6321 26,934 Fund balance at 1 April 2024 111,271 82,337 Fund balanc8 at 31 March 2025 88,839 111 271 The notes on p8gÈs 7 to 9 fomi part of these finan¢ial statements SHARE CHARITY BALANCE SHEET AS AT 31 MARCH 2025 Not•• 2025 2024 Flxed A•6•ts Heritgge asset8 6.000 6,000 Current 0•8ets Prepayments Stocks Bank and 3,106 8.239 1,130 5,000 83,414 108,014 r•dltor•'. amounts lalllng due wlthln on• ye4r Aecruals 2,775 2.743 N•t eurr•nt a•••ts 80,839 105,271 N•t as••t• 111271 R•i•r¥g8 Gangr81 fund- Unre8trlthd 111271 The financlal 8tst•mènts were approved by iha Board of Tru$te8B on . 2510612026 warts 8igned on ita b•hall by., •nd N Kaur- Tr￿tee Th8 note5 on pages 7 to 9 fomi part of theae financial statements. SHARE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accourttlng pollcle• The foll¢)wing 8ccounting policies have b88n used con5iStentty in dealing w￿h items whlch a considered matsrial in relation to the Cttarity's accounts. 8a81¥ of preparfng the flnanclal Btat•m•nt• SHARE Chanty is an Uninco￿ora(ed entsty in England and Wal¢s. The op8rab'Dnal address Is given in tha Chsrity infomats.on on page 1 of thes¢ financ4al 9t8tements. Th8 nature ol ihe Charity's operations and prlncipal activit195 arè stated on p89¢ 2. Th? Charity constitutés a publlG b8n8fit entity as defined by FRS 102. The financial Blaternents have been prepared In accordance with Accounting and Reporting by Charitie&". Statement of Recommended Practic• ¥pplKabl8 to charities preparing thelr accounts in accordance with the Finanu81 Reporh'ng Standard applicable in the UK and Republic ol Ireland issuéd In October 2019, the Financial Reporb'ng Standard 8pplicable in the United Kingdom and Republic of Iraland IFRS1021, th• Charities Act 2011, and UK Generally Acceptsd Pracb'c•. The financial Statements have been prepared to glva a 'iwe 8nd fair, vlew and hovè departed trom thè Charitles (Accounts and Report¥l Règulations 2008 only to the extent required to provide a'true and fair Vi8w'. This departure has involved following the Acwuntsng and Rèporting by Ch8rilies'. statement of Rgcommended Pradic8 applicable lo char¢ties preparino their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland Issued in O¢tobar 2019 father thBn tha Accounting 8nd Reporhng by Gharitle8.' St8tern•nt ol Rec¢ynrnend8d Practice effective from 1 April 2005 which has ¥ince been withdrawn. Tha financlal ststsmtsnt8 are yepor•d on a goinq coneArn b0618 under the h15torical cost convenlon, modified to Include certain Items at fair valuè. Th& pre8ent8lion currency of th8 financial stat•m•nts and functy'onal currency of th? cha￿tY is the Pound Sterling 1£) rounded to the nèarèst £1. The signlficant acccunling pollcies Bppligd in the preparats.on of these flnan¢i81 staternents ar• set out b8low, Thesè policie3 hav8 bèèn cOn818ten￿Y applied to 811 yèar8 presenled urtless Otherwse tatsd. GoSng COn￿M The fi'nBnci81 gtatements have been prepared on a golng con￿rn basis as th8 Twgtees belièvè that no material uncgrt8inti8s exist. Tha Trustee3 hav8 considered thè level of funds held and th ex￿cted level of incornè and expendlturo for 12 rnonffts Irom authorising th•se financi81 statements. In¢orno All income is ￿cOgniSed in thè Ststement of Financial Acts'vities when Ihe Charity has entiuement to the funds. il is probable that the income will be recèived, and the arnount can be measured reliably. No amount is indudad In the financial statements for volunteer in line with the SORP IFRS 1021. Exp?ndlture All 8xpenditure 18 accounted for on an accruals basis and h8s begn classified undèr headings that aggreg8te all costs related to the category. Expenditure Is recognised where there is 8 kg81 or eonstructive obligation to make payment5 to third p8rties, it is probable thal the séttjament will required and the amount of the obligab'on ean be measured reliably. Grants p8y8ble to third partiés are within thè charitable objeth"v&s. ￿ere unconditional grants are offered, this 15 accrued as 500n as the ￿1plent Is notified of thè grant. as this gives rise to reason8ble expeclats'on that the recipient will receive the grants. INhere grants are condrtional rèlating to performance then the grant is only accrued when any unfijlfilled condition3 are outside ol the control of the Charity. SHARE CHARITY NOTES TO THE FINANCIAL STATEMENTS l¢ontlnu•d) FOR THE YEAR ENDED 31 MARCH 2026 Fund ae¢ountlng Unrestricted lund5 are available forusa 91 the discretion of the TTUStees in furtherance of th8 gèneral objoctive¥ of the Charity and whlth have not b•8n designated for clhar purposes. FlnAn¢lal Instrum•nts Basic financial instruments in debtors and creditors wlth no Stated interest rate. and recewable or pay8blo Within on8 year ara reurded at transaction price. Any lo&sès arising impaimient are recognised In the Income Stat8mèni in other 8dminislrativg expenses. Tax•tlon The Chanty Is exempt from tax on it8 charitabl& aeb"wtie6. H•rltag• a•Èéi• This relatos to Sikh t￿oury hdd at Ihe Nab"anal Slkh Hadtsge and Holo¢au8t Mus￿m which ha6 been mèasured at cost sto¢k Stock Is valu8d al the low•r ol cost and n&t realisabla value. 2. R•lit•d party tran•4¢tlon• and Tru•ts••' r•mun•r4tlon and b•n•flt• Tru8taè$ received no rernun8r8tlon Dr oth•r benelt6 sn bolh the currènt and prior financial yaar. Pgyrnentl totaling £8,05512024.' £7,525) wefo made ID TEIts Ltd lor app dwlopment. The Trusts& Mr J Singh is tha brother-In-l¥w of T Slngh whc Is 8 director ol TEK5 Ltd. At 31 Marth 2025 thore were no amounts outstandlng beN¥e•n the Charity And TEKS Ltd12024.' £Nill. I Ind•p•nd•nt 0￿mInera r•mun•rntlon The indèpendant examlners remunÈrDtion 8mounts to an in<10pend8nt axomlnation l•e 01 £2,775 12024.. £2,5C#JI. 4. H•th•lle A•Mt• Co•t or VAlu*tS0n: Al 31 March 2024 Addibon8 8,ts)O At 31 March 2025 D•prè¢latlon: At 31 March 2024 Charge for thè year At 31 Marth 2025 Nei book value., At 31 Marth 2025 e,000 Al 31 March 2024 fj.000 Herftage assets relate lo Sikh amoury held al the National Sikh Herttsge and Holocaust Museum. SHARE CHARITY NOTES TO THE FINANCIAL STATEMENTS leontlnuedl FOR THE YEAR ENDED 31 MARCH 2026 & Funds All fijnds are unrestrfctad.