IIEfilSl'LRF.D COMPANV NUMBLI 11.. (16547657 ILJ)gland Wales)
Rl,;GlS'fEI REI) CHARI'IY NIIMIIER.. 1123367
RfP()RT 01,- Tllf TRUSTr.rs ANF)
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
FOR
BAPS CHARITIES
PSJ Alexaiider& Co
I t)ouglity Siiret
London
WCIN2PH

TJAPS CFIARI'IIES
LONTF.NTS OF THE FINANCIAL STATEMENTS
FOR TIIE YLAR r.NDED 31ST DELFMnfTI 2023
Pag¢
Report of tli¢ Trustees
Inde￿d¢￿t bxatninels Report
Slalen)¢nt ofFillaneial Activities
Balance She
Not¢s to Ihtt Financial Sialeincnls
Delai]ed Siaiemenl of FinE?ncial Activities
12

BAPS CHARITIES IREGIS1ERED NUMBER.. 065476571
r￿poRT OF IHE TRUSTEES
FOR THE YE.AR ENDED liST DECEMBER 20?3
The ￿￿$tee8 ivho are also direciots of the ch8rity for the purposes of Ibe Cojjiparues Act 2006, pitsent Iljcir r¢p)rt willi Ihe finaiiLidl
51Blem¢Dl¥ of Ihe charity foT the y¢ar ended 31st Decen)be.1' 20?1. Tlie Inislee% have adoplcd Ihc pr(Jvisions of Atcountin￿ an(1
Reix)rting by ChaTIIIc5.' Sthicmcnt of R¢cDiiimetided Prdcticc ui)pliciil)le io Lharilie5 pretkirinE Iljcir accoiiiit8 in accordanLC Iviih tlic
Finthn¢ial Reponing SlandaTd applic8bl¢ sn Ih¢ UK and R¢public of Er"land IFRS 102) (effective l Januory 20L9).
0￿rVIsIon
BAPS Chanii¢s, UK, is att in*rnatlDnal charity Org￿lsatIon conuniiied io sejving Ihe world by caiing for indivi(luals, thTrJilie8 &iid
Our Iiii88ion 18 10 8crvicc Ihc ne£dy individuals, fainilie5 bnd ¢onMhunilies iii the T.￿ elsewhere.
OBJECTIVES AND ACTIVITIES
Obje¢tii'es atid alms
SiipporteJ by oiii'nuTn¢rd!iis iiedicllied Vol￿71eerg, BAPS ClJari11¢5 aili￿ 10..
pr()vidc health iLlVllrtnL'%s oiiliuich prL)(Trninmcs
biiild %elf-supEx)Iliixg ￿(lit￿li0n&t insijiuies md help siislain exisTing educalional progr4mme4 10 providp Quality. ￿]lle-bUse
Ldiicalion for childrcii
PTOIKI OUT natkwal rwuTC¢S by tT¢Aling imiovalive susiattjable soliitioiJ% that proTnole the rcspon8ibl¢ us¢ of Ihe earth'% ecosystenis
anil Irsour¢cs
empower undeiprivileged girls ajid yOUDg ivoni¢ll iviih educaiion ajid 8kills Io Tais¢ 5tr0ll¥ and iinitcd fsniilies aDfl iji turn,
51rengtlien and strdbilise tlieir local cotllinunitit
iiivest the fiilure of needy children and youths by inspiring learniDgb Self_reliai￿e, family rt5pecl, social rcsponsibiliry. ajid moral
integrity
- provide imtnediale relief lo survivoTS of natwHI disasi¢rs rL4llaitt IJJ service until the affetled comJnuDili&£ Br¢ ieliabilitaied gnd
gelf.teliant
Evtnls eonducled by IIAPS ClJwrltlt$ 1112023
Diie ILTr oiiKoinLp LifLiinisian¢es dnernydlli Jelating lo CL)vid-19 pandemic iliere weie no activities condiicted in 2022.
Public benefit
ieviewink OUT dims, objectives and planrtiiig futute activiiies. Iiie Truslettg have iak¢n inio a¢￿]￿￿1 ilic Cliar,'ty C.'oinmissioD's
general gutdaiice on piiblie benefil. 'I'lie'l'nistees alivays en￿lTe Ilial ikn. acliv'-ties undcrlaken ale in line iviih the chaTiiable obj¢ctivcs
and aims of the ChArity.
One of the foiindation's principal gini and objeclive is lo service Ilie needy individuals. families hnd comtnunities in Ihtt UK and
clgewhcTe by providc v&riDll8 Issistsnce a￿1 seNiccs 10 Ihcse individuals and f#mili¢s.
VDluiileers' tontrlbtitlotis #chlevlnE Ilje objtcllvts of the Ch•1rlty
BAPS Charitic% d¢livcTh its scrvicc5 With ihe help of substhntial volunte£r n¢iwoTk i￿Se, The volunteer8 aTt oigrtwsed thmugh a
fram¢work iDvolwii&T N4tlODttI, Re￿0￿￿1, 8ty1 AretL Co-OTdiii&iors. Thc volunteers play a vi141 role in Ilie fiijjd raisirtg activilics of the
Charity.
Page I

BAPS CHARITIES (REGISTERED NUMBER.. 1%5547657)
REPORT C)F THE TRUSIELS
FOR THE YEAR END￿D 315-r DBe.bMBER 202.1
riNANCIAL REVIEbW
R￿er￿&S Policy
The tjoard of Trustee5 coiidiicls an anniittl review of tlic Icvtl of iinrcslrirled rt4erv¢s iii Ihc gcD¢nl fuijd by Considering risks
U5SOCithted ivith ilic varioiis income 8treHms. ¢xptrndilurc plans and balance slieei items. This endbles an esliiiiaic IL) be Indde of the
level of reseives Iliat aT¢ suffi¢ienl'.
10 allow limt for ir-organisaiion ii) Ihe evcnl of a downttirn in inconie or asset Vali￿.,
to proiLtl ongoing work prograiniiie. aiid
- to allow the Charity to Jneet its objeciives
Ri%ks 4nd issiic8 consid¢red by tlic Board Of'iniste￿ in inaking this judgcmcnt on Ihe l¢v¢l of u]Jresiricied ￿serveS iiicliide..
- likeliho￿ of a di)ivnturn in in¢on)e st￿lms.
period of lili)¢ requiTed to re-esl¢iblish incoiiie streall￿.
riod of limc Icqiiircd lo downsiTe the CliaTity operations.
- wlieih¢T there is adequate control over l￿dgets.
leiilial decrtrase iii tht value of the iiivesliiienl portfolio,. and
rtqiiiThii¢nls for A fittSOnablc level of ivork'ing Capit￿1.
Final￿1￿] Revieiy
Tile Siaiemcnt ()f Pinantial Activitl¢s (SOFA) shows ihe Itt￿r]e receive<l frojn ill sources and the gplil of activity between
restricted and unrtsiricled funds.
IncomiDg rcsourccs..
Due lo no liiniled ?¢livtlies conducted in the cuii'enl year ilic Icvcl of incoming r&%oiirce5 hnvc improvcd during Il)ti year. Tlie
Trustees cxptct liiglitr Icvcl of ittcomc as the strnaiion relating to Covid-19 PllTNj￿llI¢ irttproves as rhe yetsrs goes by. T'li¢ Cjwrity's
acriviiies are financed by funds raised through..
Vuliinlary intOIhe- donations
- Activities forgcnerating fi)nds
Volunlary incoine- donations..
Doiiations air received for lh¢ general operntion of Ihc Charity.
A¢liviti¢s forgeneraling fiinds..
Tli¢s¢ fall uiidw Iwo cal¥gI￿l¢s-
- Durtuliutts rttLived froitt volutiieers and g¢t)¢ral public
- Sponsored sports and other uctivities TTetssurym4nttgemeni- interest re¢eivable
The Trustees ulilise tenn deposit acci)unts to tnaxirnise tlie ainr>unl of interest earned on cash balHDC¢5 held.
STRUCTURE, GOVERNANcf. AND MANAGEMENT
Covernl￿g do£unieiit
Thc charity 1% conlmllcd by ifs govcming documct)l. a Mcmorandum Bnd Articles of AssLKiation itteorpoTOted on 28di March 2(Y)8,
and con51ithtes # limited companyb limited bygu#TAn*¢, Is defined by th¢ CompAnies Act 2006.
Stru¢h)re, CJDv¢rnance and Managen)ent
Tlie Board of Tntsi¢¢s is ￿￿Tron$1b[¢ for the mana8emeiii ofihe Chanty.
Recruitsnent and hppDintrncnt of ntw tnLSte¢s
The btbdy responsibl¢ for the niana8en￿nt of IhB Charity IS tlie BoaTd of Trnslces. Potential new trustees arc P¢Tiodtcalty identified by
thc Board of-fni8lces. Th¢se individiials work alongsidc existing Tnislees fora ￿lt￿b]e p￿10￿ bcfore con5iderillg IheiT &ppointmenr.
Conduct or0￿ratiOnS
The day-ro-day Jnanfyg￿nent olthe Charity is conducteii by tlie Trusl¢es. Tli¢ Chariry is based in the UK and ljas its l) ¢gd tstytce in
Neasden, London.
Page 2

BAPS CHARITIES IREGISTERED NUMBER. 065476571
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
RTr.FF.RF.NCF AND Al)MjNI￿RA'r1VL DTr:'fAJL8
Registered Company number
06547657 IEDgland and W&le81
Registered Charity Dumber
1123367
Registered orrice
54-62 Mcad(Iw Gartli
Neasd¢
London
NWIO 814D
Tru5tee5
Arvindkuiwr P Pgkl
Mukc%li Pat¢1
Nilin Palan
Sanjay KdTa
Company Secretary
M G Paicl
Independen¢ ex#miner
Mdncsh Shah
FCA
PSJ Alcxander & Co
aiartercd AccDuni&nts
l Doughty Sittct
London
WCIN 2PH
B#nkers
ic Royal ]3ank ()fsctsiland PIC
354 Station Rogd
Harruw
11A13XZ
Solitltors
Iqugh, Lartwrighi & Amin
12 John Strcct, LondoD WCIN 2EB
PLANS FOR FUTURE PERIODS
Thc Tw5t¢&% wish 10 tnatntain Ihc cootinu￿1 su¢¢ess achieved by BAPS Charihes iii delivLYinE iis aims obje£iives.
Tlie
th
stee5 would like to acknowledge the tremendous efforts of the volunteers and th¢ supporttrs Df the ChArity for
Dd gehtn)11s d
atlthns.
by order ot.
board of tnjsiees on.
. and Signed on ils behaifby..
Arvindk
Pal¢l- TrllsieL'
Page 3

INDI.'PENI)r￿[ EXAMPIE.R'f REPORT TO THE TRUSTEf.8 OF
BAPS C.'IIARI-I'II.'£ lIIP.CiJ%T￿.Rb.I} EKIIMBP.R.. 065d7657}
Indwpcnd¢lltL'x&mlner's report the tyllsttes of B4ps ChArltlt% I'lhe C&nipAhy'l
T ttport 10 Th- Lli&irity Iruslees on niy exarnindlion of Ilie a¢¢ounis of tli¢ Coinpany for year endth 31st Decemb¢r 2023.
R¢sponsibilities basis of rtport
As the eFJarilYq iruslLti L,[ the CvnipJI2v laiid Iso its. dir¢wlorb ior the PiiTTroses of company lawl you are r¢s￿￿41b1¢ for th¢
prcparatiuii of Ilie aCiOlIt:Is ill auorclknie witli the requirem¢iil% 1s1.ihr L'.i)inpdiijb5 1l¢12(K)61'ilic 2006 ALI'I.
Haviiig %aligfi¢d my%¢lf that Iht accounts of the Company are noi wuired ro be audited iirtder Part 16 of the 2006 Act i2nd arc
145 of Ilic Cb.aritic% .4¢t 2011 Ilhc 2011 ACYI. lji pa￿lI1g out my LXiIIViin4tioIi l i￿v¢ folltswtd Ihc l)irrcligns givcii b). the Charity
Commission linder Seciion 14%151 Ibl of ￿le 2011 Aci.
Jndependent txAmin¢r'5 StAt¢mtDt
I hiive coinplLte(I cxarninaiion. J confirm that iio mall￿8 have Lon'.e 10 tny tltttnliori in toAn=clion ivitli the CXLirninllliftn ¥lVÈil¥ Inc
accouniirtg) rtLiiids V¥ert not kcpl In rL'%pect of Ilie Cotllpnrby 05 reqiiired bv Seciion 386 of tb.c 2006 Act,. or
th¢ ac£ouDls do p.ol acvord with Iliost re¢vrds,' or
thr 1lecounl% do nnt ccmplv with Ilie accounting requiretnenL% of Sectioll 396 of Ihc ?(K>6 Act other Ihan iiny re(iuiremeni Iliai
thc aLcoLJnls xi¥c a Iiuc iiiid fair vicw which is not a irtaiieT considLred a% Iiart of an indcpcndcnl exaiiiiiialion., or
Ihe accLTriinlS liave nut bL*n preyaTed iii a¢t()Idance wilh Ihv methods and principlcs ol. Ilic Sit?iemcni of Rec()InmendLd
Praclitr for accounting iepoNinE by cluriiits ldppl1￿b1v 10 charifies prewJTing Th¢ir accounts. in uccurJan¢e with Ihc
Financidl Reporting ftsrkdard Bpplicable in Ihc UK aiid Repiiblic ot Ircland IFRS 1021}.
I ha'4e no Loncerns dnd have tOLI]e atto&g no other niatlery in conniclion with ihc exktmillaiion 10 M,hiih aiienllort shoiild be drn%v]i
thig Teport in ordcr ro enablc ts piopcr undersl?.nding ol'lhc he rcachcd.
ManL%h Shah
PSJ Alexatider & Co
l Th)u6hty 8ireet
Lolldon
WCIN2PH
28 April 2024
DtttE
Page4

BAP£ CIIAftITICS
STATEMENTOF FINANCIAL ACTIVITIES
FOR TFIC YEAR ENDED 31ST DECEMIJE.R 2023
2023
Total
21122
Unrrsiriuied
nd
Restricied
funds
furyjs
Notcs
INCOME AND ENDOWMEhYS FRO.W
Drinalions and l¢gac1￿8
106,3X
Invest]nent incoL3]¢
2(I,O67
29,067
13,532
TotY41
1.1&455
13S,455
I,(N.S
EXPENDITURE OV
C.harStrthle 2CtivitifS
Chariiabl¥ Activitics
39,122
39,122
102,232
Oilier
32111
3,201
3201
42J23
42.323
105,433
NF:"J' INCOMFJIEXPF.YI)I'I'URB)
03,132
93,1.32
124.388}
RFCONCII.IATIaN OTr ￿U￿D.
Totsl ￿nd$ brought fmv
919,464
919,464
)43,852
TO'I'AI. VUN'DS CARHlbD foRWARD
1,012,596
1,012,596
919,464
Thc notes fonn part of these finatiLial stalen)etttg
Page 5

BAPS CHARtTIES {RECJlSTERED NUMBER.. 065476571
BALANLC SHEET
3 1ST DECEMBER 2023
2023
Total
lunds
2022
Tulal
rund¥
Unrestricted
fund
Rtsiricled
funds
Notes
FIXED ASSkTS
Tnvesimcnts
869,975
9.975
850,(KJO
CURPINT ASSETS
Debtni
Lash at bank
10
18,100
125,730
9,ItKS
60.401
12S730
143,83
143030
69.507
CREDITORS
Amounis falling du¢ with5n one year
{1209}
{1,2091
(431
NET CURRENT ASSETS
14{621
142,621
69,464
TOTAL ASSETS LESS CURRENT LIABILITJES
1.012596
1.012,596
919.4C)4
NET Assrrs
1,012,596
,012,9)6
919,464
FUNDS
12
Unrestricted funds
,Ib12.596
919,464
TOTAL FUNDS
.012596
919,464
llie chBritable compatty i8 entiil¢d to cxemplii>n froin audit linder Scciion 477 of tl)e Companies Act 2006 fur thc year etmled
3 1st fJ¢cunber 2023.
The memters knve n()l T¢quirrxl thc coin￿nY 10 obtain an audit of ils f5naticial stakmcn15 for the )Tar ended 31st DeLetnber 2023 in
accordanLe wilh Section 476 Lif the Cornpanies Act2006.
The Irusiee% ackiiowldgc thLir re%p(>n%ibilities for
ensuring Ilidl th# Lomp&iy keeps accounting recDTd% that wmply with SeLtii)ns 386 and 3¥7 of Ihe CtsTnpani&s AGI
2(K)() and
prcpannL finantidl ￿￿1¢M¢D￿ whieh bjve a true and Idir viL'w Iifihe siate Dfaifairs olthe Lhariiable ioinpany ts ai lh¢ end of
eaLh finan¢ial year and of its. SUTplus or deficii foT each tinaticial year in acct>rdance wilh Ihc teqiiiTernenl£ i)f S¢¢lions 394
and 395 and which oih¢Thiise coinply wilh th¢ rtquiremenis of the Companics Act 2(M)6 Teluting to financial SVdteTncnl5.
rai d5 applicable kn ihc LharilablL cDiiipany.
(bl
Thcs¢ fiiiBncial stai¢fflenls hav¢ becn prepared iti a￿rda￿Le with th¢ ptowsions applicabl¢ to charitable companics SUbj￿l lo the
8rnall comp&Tiies regime.
ncial SlLlletnenls were appiY>ved by the Board of TnJs*es atKi aulhorised for is%ue OD
n its tKhallby'.
and wcr
Arvin
ar P Patel- Trusiee
- T￿￿te¢
The notes form part of Ihese financial stalemenrs
Page 6

BAPS C.HARITIES
NOI'ES TO TIIE FINATr4CIAL STAfEMENTS
i.oR-rs.Ir. YEAR PNDED 3 1ST DfLF.MEII.;R 2023
Sl'A'fLI'i'DRY INl4QRMA'I'ION
Tlitt eharity tollsliiuies a limiled company, liinileth by bTiiaranle6, as defin¢d by tlie Conipanivs Act 21)06. It is controlled by
its governing docuiiicnt, (i Mcmaranduni and Athc.'li.4 cpr.4￿55)clalI1)il inctttporatL'd <)n 28tli V.aTch 21K18. 11 1$ IL¥)151cfLd willi
ikne llkntity CommissTOn under the lluinbcr 112i367 8nd willi (he LoinJ?anies House under the r-gistrdlion r,unkn¢r t￿547651
Ilngland and MTalesl.
ACCOUWTl&YC. PI)LXCYKS
Basis of prep¥riiiq the fiiiAiiciAI 51ulemen
I'hc financi&l siaitmenis ot. Ihb chaTLtablc winpany. wF.icF. Is A public bcnefit ciitity undci. i.R$ 102, have hÈtn prcpdrLd in
aLcorddnL* with Ihe ChatiliLs SORP (FIIS 1021 '.Q<,'cviirIÉiiig> aiid Ileporiing by Chariiies.. Siaiemelli of RCLO￿li￿cndefI
PraLIILe 2ppliLabl¢ ts) Lhdrilies pi'Lparing Ilieir aLLoun'.% in aLcorc.4n(.'e with Ilie I'"iiianLial Reportiiig Siandaril ai)pliLahlL In
Ihc UK and Kepublic ot Irtland (FRS 102) I:ftcciive I lanui?ry 20191,. Financial Re￿IlIng Stsjiidard l(J2 '1-h¥ financial
Rei)ortiDg StwiJ2rd applicabl¢ li? the urc Jnd Rcpublic ol. Tr¢I..￿d, lind ih¢ Ctsnip&iii¢i A¢t 2006. Tlitr financial sithienitnts
have brcll pr¢parcd uiidtr Ilie Iisslurical L()Sl utsliVCnll(11), willi Ilic eXLtplion tsf Inv&s111)enlg wliiLli are iiiLliid¢d Et Inarkel
vuluc.
Goin¥ eoneern
The trustees collsidei that thete po niatcrial umccrtaiiities aboiil the charitsble Cornpillly
conccm.
aDility 10 £onlinuc d% ¥CIttt¥
Income
All IncomTllgJ I'&Eourccs are iTrclud¢d lh¢ Si8t¢mcnl lif l.iiiancial Aitivities wh¢ii tlie charily 1% Icgally LntiilLd to Ihc
i]￿Ott￿ and Ilit ￿nOu￿r call be quantified wiikn reasonablL ￿¢ur&¢Y.
Privfiic dtsnaiions
iELeiw¢d by way of private donation) dr¢ crtdiied to rhe ststeinent of Fin3nLial Activities in tlie year in wliich th¢>. are
r¢eeived as a conthbuii<Jn ￿WaldS. overt]¢ai]s'. Wlitre thx lia& been dediKrEd ai soiirLe. inLome is grossLN] up in Lases where
lax has beeii irclaitneil from the authoriti￿..1￿¢ tsx rci)ver¢ibl¢ is sliowii 8£ a d-btQT Attli¢ year end.
Invegimenl Iticoine includes itjieresi reteived on t￿b dew51￿..
Donations in kind suLli a% fixed assets art includeA incorne al their ¢5tiinated Inarket vllliies. oih¢T donJlions art
recognise4J whtn r¢cciv¢d. The value of Voiuntsry serviees is nor recognIs￿ &% the cost of es￿￿￿tIng th¥ge extted
bcnLfits lo ihc iiscr5 ulihr5c financiul statcmenls.
Expenditure
Fxp¢ndiii¢re is aLLuuni¢d fLr on an Hcurudls bagis and lia% been Ll*s5ified under hradiIi&7% IhHI abLireLTdtE all Lus1 relaiLY] Ilic
category. WhcTC wsts cannot bc dirccily attributLd lo particular hcadin&g they liave bee.n allocA*(I 10 acliviiics on a basis
consistenT Wlth the use of reso1￿CeS. The ￿￿e¢oVerdb1e Llemenl of VA'f is includfxi in the expttn&e4 10 which it TtiarLS.
The Charity is a T¢gTSleTed charity therefore 15 not liablc for Ir￿M¢ or con)orhtion tax on its income, as ir falls w'iihin
varil)i￿ ex¢Jnplions available io regisiered eharilies.
Ftsnd ttttounting
Unresiricied funds ean be used in accordance with Ihe C1￿11￿bIe objectives ul the dis¢T¢tiun of Ihe Itu¥iee&.
Rc%lnclcd funds Can only be uscd for particular r¢slricted purpo￿￿ within Ihc objectg of the chilfiiy. Rtt4tri¢.lions ari*c when
S￿¢IJJed by the donoT 01 whett funds Ire T&i*d for parti¢ul8r resthcted purpThies.
urthcr Lxplhnation of the nattiie and purpose of each fiLnd Is included in the noL% lo the fjnaiicial %laleinenl5.
Foreign currcncles
A55ets and liJbililies 111 foreigii currEncies are translaled inio sterlin¥ al the rale% Df eKLhdnue iulin&i al the balance shepl (laie.
Tran5aclion,g in toreign CLJrrencies arc Irdnslarcd Inti) slcrling at lh¢ iaic of Lxchartgc Tilling ai thc darc i)t iransaciion.
Exchatige differe1￿ are taken inio accoutti fft attiving ai the opernting ¢9uIt.
Pauje 7
cuiiinu¢d..

BAPS CE4ARIIIES
NOTFS'5'L) TI4L I.'INANCIAL STATEMENTS- conliuue(f
FOR TFIE YE-JIR ENDED IIST DFcf.MBLR 2021
ArcouN'rINC. POI.ICIES- eontlnlled
Inve$¢mevt5
CBsli lield iii fixed term de￿>911 accounts txceLding t>nc yLllr vlu&£ifi-d as l ixcd Assel IIiv¢81tn¥ntS IhLy arc ¥Lmerdlly
held with tlie ovtrrall iniejiiion of rtlainiiikj loiig te.nn li.e. w Fixcd Assets.) for thc continuing bcncfit of thp Lhariry in Iht
fomi OF Income and capital ap)1 fCClii110tt.
Cash At bank and ift hAthd
Ca.Eh at banK dnil ca511 in hand inLlu¢ks ￿MIn￿l{lIe llLLL'S% aTbJ oi'txllighi bank (le￿, ts. All othcr ￿pOsIts 4VL' Incluthd
tcrm deFK)sits.
Credit(Irs provisions
Cr¢dirors and provisions Lire re￿O8￿1$t￿j wheie the ¢hariiy I￿& a pr¢seiii obligaiivn rtsuliing tr.)m d past eVLnl IFibl will
ptobably Tesult iii the trni￿fer (>f fund% lo & third p&rty ￿1C arnounl diie lo settle ihc oblibTals011 c￿7 be InLasurLxI or
estini3led ieliably. CtEdilur& provisions aLt reeDLTrtiseJ at their sciilcMLntamouni.
Debtors
Tiad¢ and oilier debioT& #re re£oiTniscd ai ihc sellletnenl gniounl diic hfter Any nude discoiini off¢r¢(l. PTcpiymcnts are v3luLd
al thr arnounl prepai(I nd ofany trade Ilistounts. due.
Grant making aetivitles
As part ofr. ils Longtegatiunal 3ctivitiey, BAP8 ChdTilies makeb granis 10 ()Ig3nisatiolls whosc aiTllS objtctii'V> are siii)ilai
to tho4c of IIAP% Chanitcs In order to proiiwtc Ihtir aLtIVities. BA?S Cliariiies Consi￿[5 that these grants coiitribut¢ i) its
aGhievunents of lis aims and objecllvcs.
The granr-makinb poliry is as follows..
l. The Tn￿lee5 apply th¢ funds of BAPS Chwities ai tliLir di8crctiDn in accordance with Ilie ¢harilabl¢ purwgcs aiid
objcctives ot'ihe charity. Any decision ￿,11#ther lo award wnl ￿mMa1n5 solely ￿tIl ihe TTG)Ste¢s.
2. The atnvLUit OE nutnber of projects that call bc 8Up￿)rte(l by thc 'lrusrec8 1$ liinit¢d to the wnounl of lund5 that are
av￿lIable for distribution eath year, afiei. allowing for un&Toing ¢kptrndittire of Ili¢ Charity.
3. GrJnls dre n￿de torthe di￿1 or iadirect adv3nLemtnt i)f tlic Ilin(lii {￿lfIl acTos* tk. world. pariLularly UK Iiiid In,.lia.
In awardtnL* the Lyianls, thc'l ni%ieL* will apply th¢ fiillowing principles..
to iunsiJerany rcquesl from ally aTeawidiin UK.
to eoii&ider eacli r¢4utt%i on 51$ OiVIi Tneri:.
to oiir diiL diliL*ncc to insurc that Ihe. trqucsl t[￿￿1￿. hoih Ehc Lliar,lable purpose ano the priorilie$.
DONA-fVONS A TrID Lk".GACIES
2023
Donaiii)ns
106J88
67.513
IliVESTF¥lEN'I' INCOM
21123
2022
Dcposit acccunt inlcresl
29,067
13.532
Page 8
LY)nlinu¢d...

BAPS CHARITtES
NOTLS'I'O'FI.11 fINANICIAL STATE.MENTS_ Lontinued
FOR THC YEAR F.NDF.D 31S'I' DLC,LMBLR 2023
CHARITABLE ACTIVITlbS COSTS
Supwrt
costs (see
ic6)
Direct
Costs
Charitable Activitie5
37,5
1.566
39,122
SUPPORT COSTS
Finaiice
Oth¢
Totsls
Chariiable AilivitiES
51
1566
TRUSTEES, REMUNEIL4TION AND BFNF.FITS
icrc wtre no Itu8ttc%' rernuneration or other btiietiis for the ytar cnded 31st Decernber 2021 iior for the year ended
31 ¥1 I)e¢ember 2022.
Trllstee$' e3pense5
Thtrc were Jjo ttu8iees' expetses paid foT ihe year en(Jed 31stDe£ember 2023 ntsT ftsr the ycar endcd 31st Deccmbcr 2022.
co￿1PARAl.￿VDkn THE STATF.MF.NT OF >"INANCIAI. AcfiviTIF
UttTe%thdcd
fund
Restricted
runds
Total
fun(15
INCO.IfE AND ENI)OWMENTS S'ROM
tk)naiions dnd legttcies
67513
67,513
Investmcni incomc
13.532
13,532
Total
81,045
81,045
EXPFNDITURE ON
Charitable aclivilies
c1￿￿1&ble Aciivitics
102,232
102232
Olhei
3,201
Total
105,433
105,433
NET INCOMEI(EXPF,I%DITIEREI
124,31181
124,3881
RECONC.11.IATION {)[,' ￿uNDs
Total fLinds broughi (otwarJ
943,8.52
943,852
TOTAL FIINDS CARRIED FORWARI)
919.464
919,4fv1
1'3ge
cor.iinue41...

BAPS CHARITIES
NOTES TO THE FINANCIAL STATEMENTS. contlliued
FOR TIIE YLAR £NDF.D 31ST DECLMBLR 20?J
FIXF.D ASSE'I. INVESTF41ENTS
2022
Value at the start of the ycar
Additions
Di%posal
850,IX)O
869,975
111511,IMIO}
910,167
Value ai the end of the year
869,975
850,1100
TheTe W¢Te no investrnenl asg¢is outside th¢ UK. Th.
-*e Investments in bank fix¢0 deposits whibh ai maturity ur¢
reinvesltd.
io.
DEB'foKq: AMOLINTS FALLINCr DUL WITHIN ￿￿'E YFAR
2011
2022
P￿￿Y￿ents and acctued incotne
i&ioo
9,106
CREDITORS: AMOUNTS FALLING DUE IVITHIN, ONE VEAR
2112.1
2022
Trade CredI￿rg
1,2091
43
fvIOVbMEN'f IN IUNDS
niovtnieni
in ￿ndS
Al
31112123
AI IIIK23
Unre51ricted funds
919,464
93,132
1,O12}96
TOTAL FUNDS
919,464
1,012,596
Net Jsioveinent in fi)nds. includ￿ in Ihe above are as follJws.'
Incoming
resources
RebourLes
exrend
Mrivcinenl
in fimds
L.nr￿trlcted funds
Gen¢TttI fwid
1.15,4SS
142.12.1}
TnTAI,TrUYi
135,455
142?231
93,132
Ibage 10

IIAPS CHARTTIES
NOTES TO THE FINI NCL4L SI'A'I"L.'MkNTi- vontii llb¢d
FOR THE IThR ENDED 31ST DE￿I￿￿ER ?.Q21
12.
MIIVFMF.NI' IN bllNF)q_ coiitinved
CoJKpor&tlve$ for fflovenient in funds
Nct
mDvcryient
in fvnd5
Ai 111122
31112122
Unreslrieted funds
General fund
4)4j,85?
124,3881
91C).464
TOTAI. fuNDS
943.852
194.3R81
Jlg,4(A
Coinpgralive net n)ovement in fiiiid4, includa in Ilic abovt tollow5'.
Inwmin
rtsoiirLe
Resources
expended
Mvv¢in¢nl
Ilnrestritted funds
G¢ll¢T￿l fund
81.045
110S,433)
(24.3881
TO'fAL FUYD8
1,045
1105,4331
124,.18XI
The Chantys Independent Exa1￿1￿¢r did not chargc for their S¢Tvices durink? IhL' ￿￿rEen1 y4JT. T1￿ ebiimated V4iliie Oi
services ig £3,20112022.. £3.?011.
13.
RELATF.D PARI'Y I)J.SCiA)SURF.S
The chariiy th¢ PTwnises OWiLd Nilkfjnih E'-siitc% Iitc of th￿¥C 18uth ot tlicsc cliariiics havc a ci)Inr411)n Iwglee.
Nilkantli F￿lat¢S is a charity revislered iii EngTlana aj￿ Wdle5
Pagc 11

BAPS CHARrrtcs
DLfAILE.'I) STr'A'fEMENT CF FINANCL4L ACTIVITIE.)
FOR THE YEAR fNDE.-D 31%'1' Dr.L'r.MBfR ?n)3
2023
INC.OME.4ryD ENDI)WMEYrs
DoiJ#tlotis £tLd legacEos
T)Dnalions
INJIJ8
67,513
Inve5ttnent Inf(?Ill¢
Dttposii ￿¢￿)ullI inle￿t
2Y,O67
13,532
Total ihcoming resources
13S,4$5
81,045
EXPEYDITLRb
ClhAril*ble acllvities
Insurance
SubscTiplioTrs
Donations
Se¢urily expenses
ljiinling forswn50red wttlk
2,LKIO
850
54.290
35
756
soi
35
2,475
6,417
24,250
8,93
17,520
?22
Youth acliviry DKYS
TravellinL
Urgan donalion proje£t expense
Hirc of hall
Tcaehing expense
Spons equipment
Priniin¥b T SI11T￿ for Sport5
Equipn)¢ni Flirt
278
1,252
?32
10,950
37,556
101,083
Other
Professional fee5
3,201
3,201
8upport eosts
Fin&nce
Bat)k chaTgi%
5JO
519
Othtr
Sundries
1,056
630
Tolal rcsourcts expendcd
105,433
Nel iiicotnll1expendlt￿reI
93.132
1?4,3881
This page dLlts noi fuTm part of Ih.e 51ttluli)ry financial siakments
Page l?