**Company Number:** 06276775 **Charity Number:** 1122783
# **SHRI DURGA BHAWAN TEMPLE INTERNATIONAL LIMITED**
**ANNUAL UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2024**
**Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
## **Contents of the Financial Statements for the Year Ended 31 January 2024**
||**Page**|
|---|---|
|Trustees' Annual Report|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Notes to the Accounts|5 to 7|
## **Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
**Trustees' Annual Report for the Year Ended 31 January 2024**
## **Director(s)**
Kuldip Singh
## **Trustee(s)**
Kuldip Singh
## **Principal Address**
767 Willenhall Road Willenhall Wolverhampton West Midlands WV13 3LH
## **Independent Examiner**
ABS Henn Chartered Certified Accountants Creative Industries Centre Wolverhampton Science Park Mammoth Drive Wolverhampton West Midlands WV10 9TG
## **Objectives and Activities**
The objectives of the Charity are to promote religious and spiritual teaching, and to look at deprived communities and try to alleviate the suffering of poor and deprived communities.
The activities of the Charity are, through religious and spiritual teaching, the organisation of prayer meetings, to look at deprived communities and offer food services, and to look at improving education within the community.
The Trustee is aware of the guidance issued by the Charity Commission on public benefit.
## **Structure, Governance and Management**
The Charity is governed by its Memorandum and Articles of Association.
The Charity is a private company, limited by guarantee without share capital, registered in England and Wales.
## **Financial Review**
The financial statements provided show the Charity's transactions during the financial year.
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the Charity's trustees and directors,
_________________________________ Kuldip Singh Date: 28 October 2024
Page 1
## **Independent Examiner's Report to the Directors & Trustees of Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
## **for the Year Ended 31 January 2024**
I report to the Charity trustees on my examination of the accounts for the year ended 31 January 2024 set out on pages 3 to 7.
## **Respective responsibilities of trustees and examiner**
The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed the directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act).
## **Independent examiner's statement**
I have completed my examination, and I can confirm that no material matters have come to my attention which gives me reasonable cause to believe that:
- accounting records were not kept in accordance with Section 386 of the 2006 Act; or
- - the accounts do not accord with the accounting records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the 2006 Act other than any requirements that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
_________________________________
ABS Henn Chartered Certified Accountants Creative Industries Centre Wolverhampton Science Park Mammoth Drive Wolverhampton West Midlands WV10 9TG
Date: 28 October 2024
Page 2
## **Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
## **Statement of Financial Activities (including summary income and expenditure account) for the Year Ended 31 January 2024**
|**Recommended categories by activity**
**Income (Note 2)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
**_Total Income_**
**Expenditure (Note 4)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material expense item
Other
(Note 5)
**_Total Expenditure_**
**Net income/(expenditure)**
**_Net movement in funds_**
**_Reconciliation of funds:_**
Total funds brought forward
**_Total funds carried forward_**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
24,842
-
-
24,842
28,122
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,865
-
-
3,865
-|
|---|---|
||28,707
-
-
28,707
28,122|
||-
-
-
-
-
26,588
-
-
26,588
26,260
-
-
-
-
-
600
-
-
600
900|
||27,188
-
-
27,188
27,160|
|||
||1,519
-
-
1,519
962|
|||
||1,519
-
-
1,519
962|
||251
-
-
251
711
-|
||1,770
-
-
1,770
251|
Page 3
## **Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
## **Balance Sheet**
## **for the Year Ended 31 January 2024**
||||**Restricted**||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**income**|**Endowment**|**Total this**|**Total last**|
|||**funds**|**funds**|**funds**|**year**|**year**|
|||**£**|**£**|**£**|**£**|**£**|
|**FIXED ASSETS**||F01|F02|F03|F04|F05|
|Tangible assets|(Note 7)|449|-|-|449|530|
|**_Total Fixed Assets_**||449|-|-|449|530|
|**CURRENT ASSETS**|||||||
|Debtors|(Note 8)|1,113|-|-|1,113|1,113|
|Cash at bank and in hand|(Note 9)|2,711|-|-|2,711|444|
|**_Total Current Assets_**||3,824|-|-|3,824|1,557|
||||||||
|**CREDITORS: amounts falling due**|||||||
|**within one year**|(Note 10)|2,503|-|-|2,503|1,836|
||||||||
|**_Net Current Assets/(Liabilities)_**||1,321|-|-|1,321|(279)|
||||||||
|**_Total Assets less Current_**|||||||
|**_Liabilities_**||1,770|-|**-**|1,770|251|
||||||||
|**_Total Net Assets or (Liabilities)_**||1,770|-|-|1,770|251|
|**FUNDS OF THE CHARITY**|||||||
|**Unrestricted funds**||1,770|-|-|1,770|251|
|**_Total Funds_**||1,770|-|-|1,770|251|
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Signed on behalf of the Charity's trustees and directors,
Page 4
**Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
**Notes to the Accounts for the Year Ended 31 January 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
## **Income**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income recognition criteria are met. Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.
## **Expenditure and Liabilities**
The charity has creditors which are measured at settlement amounts less any trade discounts. The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
## **Assets**
Tangible assets are capitalised if they can be used for more than one year, are valued at cost, and the depreciation rates and methods used are disclosed in note 7.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **2. ANALYSIS OF INCOME**
|Donations and gifts (Unrestricted funds)
Donated goods, facilities and services (Unrestricted funds)
Compensation from insurance|**2024**
**£**
8,202
16,640
24,842
3,865
3,865
28,707|**2023**
**£**
12,966
15,156|
|---|---|---|
|||28,122|
|||-|
|||-|
||||
|||28,122|
Page 5
## **Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
**Notes to the Accounts (Continued) for the Year Ended 31 January 2024**
## **3. DONATED GOODS, FACILITIES, AND SERVICES**
|**DONATED GOODS, FACILITIES, AND SERVICES**|||
|---|---|---|
|Use of Property
Other|**2024**
**£**
15,000
1,640
16,640|**2023**
**£**
15,000
156|
|||15,156|
The value of donated services and facilities provided to the trust are recognised at their open market value in the period in which they are receivable as incoming resources. An equivalent amount is included as expenditure under the relevant heading.
## **4. ANALYSIS OF EXPENDITURE**
## **5.**
|Rent, rates and water rates (Unrestricted funds)
Insurance (Unrestricted funds)
Light, heat and power (Unrestricted funds)
Telephone (Unrestricted funds)
Repairs and renewals (Unrestricted funds)
Sundry expenses (Unrestricted funds)
Depreciation of fixtures and fittings (Unrestricted funds)
Total expenditure on charitable activities
**DETAILS OF CERTAIN TYPES OF EXPENDITURE**
**Fees for examination of the accounts**
Independent examiner's fees|**2024**
**£**
16,896
1,484
5,678
156
2,000
293
81
26,588
**2024**
**£**
600
600|**2023**
**£**
19,208
1,281
5,073
156
-
447
95|
|---|---|---|
|||26,260
**2023**
**£**
900|
|||900|
## **6. DETAILS OF PAID EMPLOYEES**
There were no paid employees during the current financial year, or the prior year.
No employees received employee benefits (excluding employer pension costs) for the financial period of more than £60,000.
The average number of employees in the year (including directors) was 1 (2023: 1).
Page 6
**Shri Durga Bhawan Temple International Limited Charity Number: 1122783 Company Number: 06276775**
## **Notes to the Accounts (Continued) for the Year Ended 31 January 2024**
|**7.**
**TANGIBLE FIXED ASSETS**
**Fixtures &**
**Fittings**
**£**
**Cost or Valuation**
At the beginning of the year
1,950
At the end of the year
1,950
**Depreciation and Impairments**
At the beginning of the year
1,420
Depreciation charge
81
At the end of the year
1,501
Net book value at the end of the year
449
**Depreciation rates and methods:**
Fixtures and fittings - 15% Reducing balance
**8.**
**DEBTORS AND PREPAYMENTS**
**Recoverable within one year**
**2024**
**£**
Trade debtors
-
Prepayments and accrued income
1,113
Other debtors
-
1,113
**9.**
**CASH AT BANK AND IN HAND**
**2024**
**£**
Cash at bank and in hand
2,711
Other
-
Total
2,711
**10.**
**CREDITORS AND ACCRUALS**
**Falling due within one year**
**2024**
**£**
Trade creditors
967
Accruals and deferred income
600
Taxation and social security
-
Other creditors
936
Total
2,503|**Total**
**£**
1,950|
|---|---|
||1,950|
||1,420
81|
||1,501|
|||
||449
**2023**
**£**
-
1,113
-|
||1,113
**2023**
**£**
444
-|
||444
**2023**
**£**
936
900
-
-|
||1,836|
Page 7