REGISTERED CHARITY NUMBER: 1122581 (England and Wales) 

i 

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 

: 

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


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|Report|of the|Trustees|1|to2|
|Independent|Examiner's|Report|3|
|Statement|of Financial|Activities|4|
|Balance|Sheet|5|
|Notes|to|the|Financial|Statements|6|to|8|
|Detailed|Statement|of Financial|Activities|9|to|10|

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Shree Gujrati Hindu Centre Shree Krishna Temple 

. 

## 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: 

-— 

ex P| 

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: 

- examine the accounts under Section 145 of the 2011 Act 

- - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and 

- - to state whether particular matters have come to my attention. 

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: 

- (1) which gives me reasonable cause to believe that, in any material respect, the requirements 

- to keep accounting records in accordance with Section 130 of the 2011 Act; and 

- - to prepare accounts which accord with the accounting records, comply with the accounting requirements of the 2011 Act 

- have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

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<br>At 31 March 2025<br>2025 2024<br>Note £ £ £ £<br>FIXED ASSETS<br>Tangible assets 4 369,090 369,426<br>Investments 100,468 96,198<br>469,558 465,433<br>CURRENT ASSETS<br>Cash at Bank & In Hand 46,227 15,521<br>46,227 15,52]<br>CURRENT LIABILITIES<br>Other Creditors . °<br>NET CURRENT ASSETS ai eee tee<br>NET ASSETS 515,786 480,954<br>FUNDS<br>Unrestricted 515,786 480,954<br>480,954 480,954<br>**----- End of picture text -----**<br>


The financial statements were approved by the Board of Trustees on 30'" December 2025 and were signed on its behalf by: 


**----- Start of picture text -----**<br>
Chairman- Balwantbhai H Patel<br>**----- End of picture text -----**<br>


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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. 

- Utensils are being depreciated at the rate of 25% on a reducing balance basis 

- - Fixtures & fittings are being depreciated at the rate of 25% on a reducing balance basis 

## 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.|||



3. 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|397,016|
||31 March 2025||||||
||DEPRECIATION||||||
||At | April2024<br>Charge fortheyear<br>At 31 March 2025|-<br>si<br>-|-<br>-<br>-|4,990<br>2<br>4,992|22,791<br>142<br>22,933|27,782<br>144<br>27,925|
||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 

, 

## 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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