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← Shree Gujarati Hindu Centre

2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1122581 (England and Wales)

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FinancialReportTrustees of the and Year EndedStatements31 March for2025 the for ShreeGujratiShree KrishnaHinduTemple Centre

Sharman Fielding Chartered Accountants The Oval 57 New Walk Leicester Leicestershire LEI] 7EA

Shree Gujrati Hindu Centre Shree Krishna Temple

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Contents of the Financial Statements for the Year Ended 31 March 2025

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Shree Gujrati Hindu Centre Shree Krishna Temple

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Report of the Trustees for the Year Ended 31 March 2025

The trustees hereby present their report with the financial statements of the charity for the year ended 3] March 2025.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number 1122581

Registered office Hope Street Off Churchfield Street Dudley West Midlands DY2 8RS

The Charity is bound by the following governing documents:

  1. The Charity’s Constitution (as an unincorporated association) adopted on 28 August 2005 and further amended on 22 May 2011.

  2. Charity law and relevant legislation

Trustees

Balwantbhai H Patel Geeta K Patel Jayantilal G Patel Minaben K Patel Chanda B Soma Hasmukhbhai S Patel Kantilal C Patel Rakesh H Patel Vijay J Patel Illa J Patel Kantilal T Patel Sushila B Patel Pravin C Patel

PRINCIPAL ACTIVITY

The objectives and main activities of the charity continue to be:

1) To advance Hindu religion, culture and education 2) To promote charitable purpose and raise funds

Independent Examiner Ashok R Patel BSc. ACA CTA Sharman Fielding Chartered Accountants The Oval, 57 New Walk Leicester Leicestershire LE1 7EA

Charity Bankers Lloyds Band 63 High Street Dudley West Midlands DY1 1PY

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Shree Gujrati Hindu Centre Shree Krishna Temple

Report of the Trustees for the Year Ended 31 March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity became a registered charity on 4 February 2008. The organisation is governed by the members of the council who are appointed as prescribed by the bye-laws. Trustees are elected in accordance with the constitution.

Trustees are recruited for their service to the Charity or their skills in the areas of the charity's principal activities. Trustees are elected for a term of one year and are eligible for re-election, except for the three holding Trustees who serve a term of six years and have to be life members of the charity. Trustees are sought in a variety of ways involving exploration of the field of potential candidates, including recommendation from existing Trustees and supporting Members. Potential trustees are scrutinised by nominations.

All new trustees undergo a structured introduction to the operations of the charity. Trustees meetings are held monthly to review and agree major areas of policy. The responsibility for reviewing key areas of activity and policy are delegated to members of the board.

RESERVES POLICY

The trustees have reviewed the reserves of the Charity. The unrestricted reserves at the end of the financial year were £515,786.

RISK MANAGEMENT

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees have examined the principal areas of the Charity's operations and consider the major risks which may arise in each of these areas. In the opinion of the trustees, the Charity has established resources and reviewed systems which, under normal circumstances, should allow the risks to be identified by them to be mitigated to an acceptable level in its day-to-day operations

PUBLIC BENEFIT STATEMENT

The trustees have considered the guidance on public benefit published by the Commission and are satisfied that they have complied with the guidance when exercising their powers or duties during the year.

ON BEHALF OF THE BOARD:

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Chairman- Balwantbhai H Patel

Date: 30'" December 2025

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Independent Examiner's Report to the Trustees of Shree Gujrati Hindu Centre Shree Krishna Temple

I report on the accounts for the year ended 31 March 2025 set out on pages four to eight.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of the independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

ASHOK PATEL BSc. ACA CTA

Institute of Chartered Accountants in England & Wales

Sharman Fielding Chartered Accountants The Oval 57 New Walk Leicester Leicestershire LE] 7EA

Date: 30'" December 2025

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Shree Gujrati Hindu Centre Shree Krishna Temple

Statement of Financial Activities for the Year Ended 31 March 2025

31.23.25 31.3.24
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOMING RESOURCES
Incoming resources from
generated funds
Voluntary income 10,157 - 10,157 9,996
Activities for generating funds 19,560 - 19,560 19,605
Investment income 2 5,293 - 5,293 11
Other incoming resources 26,536 - 26,536 5,600
Total incoming resources 61,546 - 61,546 35.212
RESOURCES EXPENDED
Costs ofgenerating funds
Costs ofgenerating voluntary 21,734 - 21,734 29,930
income
Governance costs - - - -
Other resources expended 4,981 - 4,981 5,791
Total resources expended 26,714 - 26,714 35,721
NET INCOMING/
(OUTGOING) RESOURCES 34,832 - 34,832 (509)
RECONCILIATION OF
FUNDS
Total funds brought forward 480,954 - 480,954 481,462
TOTAL FUNDS CARRIED
FORWARD 515,786 - 515,786 480,954

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Shree Gujrati Hindu Centre Shree Krishna Temple

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Balance Sheet
At 31 March 2025
2025 2024
Note £ £ £ £
FIXED ASSETS
Tangible assets 4 369,090 369,426
Investments 100,468 96,198
469,558 465,433
CURRENT ASSETS
Cash at Bank & In Hand 46,227 15,521
46,227 15,52]
CURRENT LIABILITIES
Other Creditors . °
NET CURRENT ASSETS ai eee tee
NET ASSETS 515,786 480,954
FUNDS
Unrestricted 515,786 480,954
480,954 480,954
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The financial statements were approved by the Board of Trustees on 30'" December 2025 and were signed on its behalf by:

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Chairman- Balwantbhai H Patel
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Shree Gujrati Hindu Centre Shree Krishna Temple

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

2. INVESTMENT INCOME

31.3.25 31.3.24
£ £
Deposit account interest 5,293 11
5,293 11
AllInvestmentincomeisexpendedforcharitablepurposes.
  1. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

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Shree Gujrati Hindu Centre Shree Krishna Temple

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS TANGIBLE FIXED ASSETS
Land and Jewellery Utensils Fixtures& Total
buildings Fittings
£ £ £ £ £
COST
At April 2024 and 355,000 13,659 5,000 23,357
31 March 2025
DEPRECIATION
At April2024
Charge fortheyear
At 31 March 2025		 -
si
-		 -
-
-		 4,990
2
4,992		 22,791
142
22,933
NET BOOKVALUE
At 31 March 2025 355,000 13,659 8 424 369,090
At31March2024 355.000 13,659 9 566 369,234

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Shree Gujrati Hindu Centre Shree Krishna Temple

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Detailed Statement of Financial Activities

for the Year Ended 31 March 2025

31.3.25 31.3.24
£ £
INCOMING RESOURCES
Voluntary income
General Donations 2,187 3,490
Donation Box 4,800 4,493
Building repairs Donations - =
Hall Donation 2,390 1,363
Wedding Donation 780 650
10,157 9,996
Activities for generating funds
ShivYagan - 3,128
Janmaashtami (Athem) 3,638 423
Granpati Choth 2,974 3,031
Navaratri Mahotsav 3,486 2,883
Diwali New Year 420 299
Jalarem Jayanti 1,358 1,298
Dhatt Jayanti 251 78
Patotsav 1,436 1,058
Gayantri Yagna 1,053 1,462
Hanuman Jayanti 2,571 1,401
Mahashivrati 1,111 -
Ram Navmi 144 54
Sharad Bhajan Satasang 204 168
Satynarayan Katha 792 1,226
Shiv Katha - 2,800
Tulsi Vivah Kanyadan - 267
Sarad Poonam 122 28
19,560 19,605
Investment income
Deposit account interest 5,293 11
5,293 11
Other incoming resources
Government Grants x =
Gift Aid 18,086 -
Rental Income 8,450 5,600
26,536 5,600
Totalincomingresources 61,546 35,212

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Shree Gujrati Hindu Centre Shree Krishna Temple

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

31.325 31.3.24
£ if
RESOURCES EXPENDED
Costs ofgenerating voluntary income
Water 520 401
Insurance 1,750 1,620
Light and heat 6,574 6,240
Telephone 1,073 904
Post and Stationery 165 -
Sundries 280 182
Priest costs 7,550 7,900
Religious activities 3,678 2,626
33 Helier Street - 9,866
Depreciation 144 192
21,734 29,930
Governance costs
Accountancy costs - -
Support costs
3,572 2,953
Repairs and renewals 1,409 1,109
Alarm System and maintenance - 1,729
Renovations
4,981 5,791
Total resources expended 26,714 35,72]
Net(expenditure)/income 34,832 (509)

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