Charity reglstratlon number 1125884 EELAPATHEESWARAR AALAYAM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 EELAPATHEESWARAR AALAYAM LEGAL AND ADMINISTRATIVE INFORMATION Trustees Muthiah Slvapalhasundaram Rajasingham Jayad8van Nadarajah Sanmugathassan Shanmuganathan Thillainadarajah Perambalam Savundararajan Sinathamby Sritharan Valravan Se8nivasan K Ponnambalam Loganathan Pathmanathan Sellathurai Shanmuganathan Chaimian Secretary Treasurer Nominated Life Trustee Nominated Nominated Life Trustee Nominalad Nominated Nominated Nominated Nominated Charlty number 1125884 Prlnclpal address Pavitl Hall Union Road Wembley Middleesx HAO 4AU Reglstered offlce Pavitt Hall Union Road Wembley Middleesx HAO 4AU Independent examlner MEHTA FINANCIAL CONSULTANTS LIMITED Chartered Certifi'ed Accountants 100 Park Crescent Harrow HA3 6ET Sollcltors Bindman LLP 236 Gray s Inn Road London Wc1X 8HB Russel - Cooke LLP 2 Pulney Hill London SW15 6AB Bankers Bardays Bank EELAPATHEESWARAR AALAYAM CONTENTS Page Trustees report Independent examiners report Slalement of financial activities Balance sheet Notes to the financial statements EELAPATHEESWARAR AALAYAM REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The accounts have been prepared in accordance wÈth the accounting policies set out in note1 to the accounts and comply with the Charitys Trust Deed, the Charities Act 2011 and the Statement of Recommended Practice, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Repc*ting standard applicable in the UK and Republic of Ireland (FRS 102) effective l January, 2015. Objectlves and actlvltles During the year, overall aclivrties of the charity was management of the Hindu temple Eelapathee5warar Aalayam in London, providing religious services and charitable socio-economic development work in the Eastern Sri Lanka. Change Of Legal Status The operation of the charity effectively changed from its Trust stalus to Charitable Incorporated Organisation (CIO) from 1 April 2025. Flnanclal review The Flnanclal statement confim)s stable progress of the Charity. Assets and liabilities were transferred to the CIO at book value to maintain continuity of chafilys operations. Statement of responslbllitles The Trustees, who are also the directors of Eelapatheeswarar Aalayam CIO for the purpose of company law, are responsible for preparing the Report and the accounts in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare accounts for each financial year which give a true fair view ol the state of affairs of the Charity and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that year. In preparing these accounts, the Trustees are required to.. select suitable accounting policies and Ihen apply them consistently; - observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent,. and prepare the accounts on th8 going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charlty and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and deteclion of fraud and olher irregularities. The r&port was approved by the Board of Trustees. H. s/. Muthiah Sivapathasundaram Chairman Dated: 21 January 2026 EELAPATHEESWARAR AALAYAM INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EELAPATHEESWARAR AALAYAM We report to the Trustees on our examination of the financial statements of Eelapalheeswarar Aalayam (the Charity) for the year ended 31 March 2025. Responslbi1Stles and basls of report As the Trustees of the Charity are responsible for the preparation of the ftnancial statements in accordance wilh the requirements of the Charities Acl 2011 (the 2011 Act). We report in respect of our examination of the Charily's financial statements carried out under Section 145 of the 2011 Act. In carrying out our examination we have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of Ihe 2011 Act. Independent examlner's stalement The Charity's gross Income exceeded £250.000 and we are qualified to undertake the examination because we are a member of the Association of Chartered Certified Accountants . Our att8nlion is drawn to the fact that the charity has prepared finandal statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with Ihe Financial Reporting Slandard applicable in the UK and Republlc of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Ststemenl of Recommended Practice issued on 1 April 2005 which is referred to In the extant regulations but has now been withdrawn. We understand that this has been done in order for financlal statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. We have completed our examination. We confirm that no matters have come to our atlention in conn8cllon with the examination givlng us cause to believe that in any material respect.. accounting records were nol kept in respect of Ihe Charity as required by section 130 of the 2011 Act; or the financial statements do not accord with those records; or the financial statements do not comply with the applicable requirements concerning th8 form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is nol a matter considered as part of an independent examination. We have no concerns and have come across no other matlers in connection with the examination to whlch altenlion should be drawn in this report in order to enable a proper understanding of the financial slatemenls lo be reached. Neal Mehta {FCCA) MEHTA FINANCIAL CONSULTANTS LIMITED Chartered Certified Accountants 100 . ark Cres nt HA36 Dated.. January 2026 EELAPATHEESWARAR AALAYAM STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Endowment funds funds deslgnate(J Total 2025 Total 2024 Notes Donations and legacies Charitable adivities Investments 425,015 314,683 4,370 425,015 314.683 4,370 287,609 304,237 2,303 Total Income 744,068 744.068 594,149 Charitable activities 613.178 613,178 419,647 Net income for the yearl Net movement In funds 130.890 130,890 174,502 Fund balances at 1 April 2024 961.890 16,515 978,405 803.903 Fund balances at 31 March 2025 1.092,780 16,515 1,109,295 978,405 The statement of financial activities includes all galns and losses recognised in the year. All income and expenditure derive from continuing activities. EELAPATHEESWARAR AALAYAM BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 770,847 644,795 74.309 268.312 27.408 310,743 342.621 338,151 Credltors: amounts falllng due wlthln one year (4.173} {4.541) Nel current assets 338,448 333,610 Total assets loss current Ilabllltles 1,109,295 978,405 Income funds Endowment funds- designated Unrestricted funds 16,515 1,092.780 16,515 961,890 1,109,295 978,405 The financial statements were approved by the Trustees on 21 January 2026 Mulhiah Sivapalhasundaram Chalrman Company Reglstration No. 1126884 EELAPATHEESWARAR AALAYAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles 1.1 Accountlng convention The financial statements have been prepared in accordance wilh the Charity's [governing documenll, the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. (°FRS 102°) and the Charities SORP "Accounting and Reporting by Charities.. Statement ol Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement ot Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required lo provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations bul which has since been withdrawn. The financial stalemenls are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded lo the nearest £. The financial 5talemenls have been prepared under the historical cost convention, Imodified lo include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements. th8 charitys legal status changed to CIO. The Ir8nsilion helped to revalue and reassess the fixed assets. debtors and liabilities confirming that the Trusts going concern has further strengthened wtlh the change. The Trustees continued lo adopt the going concern basis of accounting in preparing the fi'nancial statements and transiting to Charitable Incorporated Organisation (CIO) from 1 April 2025 does not threaten its continued existence for the foreseeable future. 1.3 Charitable funds Unrestricted funds are available for use at the discrelion of the Trustees in furtherance of their charitable objectives even after transition to CIO. Restricted funds are subject to specific conditions by donors as to how they may be used. The purwses and uses of the restricted funds are set out in ihe note5 to the financial statements. Endowment funds are subject to specific conditions by donors Ihat the capital must be maintained by the Charity. 1.4 Incomlng resources Income is recognised when the Charrty is legally entitled lo it after any performan￿ conditions have been met, the amounts can be measured reliably, and it is probable thal income wll be received. Cash donations are recognised on receipt. other donations are recognised once the Charity has been notified of the donation, unless performance condilions require deferral of the atnount. Income lax recoverable in relation to donations received under GiftAid or deeds of covenanl is recognised at the time of the donation. EELAPATHEESWARAR AALAYAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Contlnued) 1.5 Tanglble flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognlsed so as to write off the cost or valuation of assets ￿s$ their residual values over their useful lives on the following bases: Flxtures, fittings & equipment 1 Ooh on straight line basis The gain or loss arising on lh8 disposal of an asset is determined as the difference between the sale proceeds 8nd the carrying value of the asset, and is recognised in the statement of financial activitles. The charity s operatlonal premises underwent overall refurbishment work and structural changes lo holy worshipping siles with the third consecration ceremonies held post balan￿ sheet date in June 2025. Fixed assets reflect the changes made to the year end. 1.8 Impalmienl of fixed assets Al each reporting end date, the Charity reviews the carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairmenl loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the exlent of the impairment loss (if any).Accordingly impaired assets were identified and written off at the year end. 1.7 Cash and cash equlvalents Basic financial liabilities Basic financial liabillties, induding creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing Iransa¢tion, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective inleresl rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are Classified as current liabilities if paymenl is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective inleresl method. Donations and legacles 2025 2024 Gift aid Donations and undiyal collections Gift aid interest Membership fees Other income 51.860 370,608 433 214 1,900 9,102 270,582 214 7,711 425,015 287,609 EELAPATHEESWARAR AALAYAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltable actlvitles 2025 2024 Sales of lickets Ubayam Outdoor services 238,882 63,650 12,151 193,373 97,262 13,602 314,683 304,237 Investments 2025 2024 Interest receivable 4,370 2,303 4,370 2,303 Charltable actlvltles Temple Soclo- economic development costs Total 2025 Total 2024 Charity expenditure Slaff wages Freight charges Wells Sunday schools Temples Houses Other charitable socio-economic project cost 494,162 494.162 5,996 3,005 4,881 4,182 11,208 27,523 62,221 354,314 4,603 5,996 3.005 4,881 4,182 11,208 27,523 62,221 60,730 494,162 119,016 613,178 419,647 494,162 119.016 613,178 419,647 EELAPATHEESWARAR AALAYAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tangible flxed assels Land and buildings Rellglous assets Flxtures, fltllngs & equipment Total Cost At 1 April 2024 Additions Disposals 486.216 158,579 120,000 {31,716) 68,892 41.964 (68,892) 713,687 161,964 (100,608) Al 31 March 2025 486,216 246,863 41,964 775,043 Depreclatlon and Impaimient At 1 April 2024 Depreciation charged in the year Ellminaled in respect of disposals 68,892 4,196 (68,892) 68,892 4,196 (68,892) At 31 March 2025 4,196 4,196 Carrylng amount At 31 March 2025 486,216 246,863 37,768 770.847 At 31 March 2024 486,216 158,579 644,795 Debtors 2025 2024 Amounts falllng due wlthln one year: Gross amounls owed by contract customers Other debtors 12,750 61,559 9,500 17,908 74,309 27,408 Credltors: amounts falllng due wlthin one year 2025 2024 Other taxation and social security Other creditors Accruals and deferred income 511 2,762 900 3,641 900 4,173 4,541 EELAPATHEESWARAR AALAYAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Analysis of net assets between funds Unrestrlcted Designated funds funds 2025 2025 Total Unrestricted Designated funds funds 2024 2024 Total 2025 2024 Fund balances at 31 March 2025 are represented by.. Tangible assets Current assetsl(liabllities) rio,847 338,448 770,847 338,448 644,7g5 333,610 644,795 333,610 1,109,295 1,109.295 978,405 978,405