Regtstered Charity No: 1127531 UK FRIENDS OF UNIQUE HOME (PUNJAB) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
UK FRIENDS OF iJNIQUE HOME (PUNJAB) CONTENTS Page Tns, Report Independent Examiners, Rqy)rt Receipts and Payments Account Statement of Assets aDd Liabilities Notes to the Financial Statements
UK FRIENDS OF UNIQUE HOME UNJAB) TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The Itee& present their report with fitLancial statements for the year ended 31 March 2024. The trustees have prepared the a¢wunts on a R¢ceipts & Payments b&8iS. Reference & Administrative forn]r111oll Charity Name UK Fiicnds of Uniquc Homc (Punjab) ChaTity R¢gistrdti¢)D Number 1127531 PTiThciple Office 298 Welford Road L£icester LE2 6EG Holding Trustees Mr Tom HaTTig8n MBB MCMI Mr Ranjit Thaliwal Mts Mohinder Kaur Thaliwal Mrs M¢¢na MoIiaTia Ms Dalrylld San&hera (Kally nee) Independent Examlner Celerica tAd Chartered Certified A¢¢ounlants First Floor, The Old Chapel 9 Kempson Road Leiccstcr LE2 8AN Bankers HSBC Bank pl¢ 20 Tbe Parade Leicester Road Oadby Leicester LE2 5BL Structur4 Governance & Management Govendng document The clwity was estsblished in 2009 by ITUSt deed dated 6th January 2009. Recrultment and appointment of trnstees The original t are specified by the tTht deed. Trnstee8 appoillted for a five aT tern]. OrgAnlsatioDal structure The tnte¢S are responsible for the assets and the running of the chaTity. There I¢ no per8on8 extwnai to the ¢haTity that aT¢ ¢lltiiled to appoint trust¢¢s. Th¢ ttvst¢¢5 ar¢ appointrd for fiv¢ years. Rlsk management The tnteeS have a duty to identify and review th¢ risks to which the cbarity is ¢xpos¢d ond to ¢nsure approprAate controls are in place to provide reasonable assuranc¢ again fraud and error. Page 1
UK FIUENDS OF UNIQUE HOME UNJAB) TRUSTEEST REPORT FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) Objectlves and alms The objectives and aims of the Chariiy are: To raise funds for the management, upkeep and promotion of an institution known as The Unique Home in India. The aim of that institution is to provide moral, social. cultural alld economie uplift of unwanted, orphaned and abandoned f¢mal¢ childr¢n without distinction of caste. creed or religion. To raise awareness of the institrjtion known as The Unique Home in India 80 that funding and id are donated directly to that institution. Each ycar the trnste¢s r¢vi¢w th¢ artivities of the charity in order to ensure that they continuc to r¢flect the obj¢1ve5 s¢t out in the trust dee4t In carrying out this review the trustees have consid¢r¢d th¢ Clwity Con]mission's general 8uidance on public benefit in particular, its supplementary guidance on the prevention or relief of wv¢rty for the pub]ic benefit and the draft guidance on public benefit and moral or ethical beli¢f systems. It is the trustees, opinion that the operntioll of the Charity in its present forni is for the public Inefit under the principles set out in the Charity Commission guidance. The work of the trnst gives ri8¢ to public benefit by providing 8UPPOrt for The Unique Home in India which in turn provides free ac¢omm(Klation, sustenance, moral guidance and support for unwantc(L 0balled and abandoned female children in ]ndxa. The girls arc also afforded th¢ opportunity to attain high educational standards. Tcstamcnt to this is the success of two of the older girls who have been in long terni care at Unique Home. One of whom attained a Masters Degree at College in Jalandllar. whilst the other studied at Leeds Beckett University. Leeds UK and was successfijl in obtaining a Batchelor of Arts, First Class Honours Degree in July 2018. Both girls are now respectively employed in Toronto and Vancouver, Canada. Volllnteers The charity is grateful for the effotts of its volunteers who are involved in raxsing funds and rUDn1 the clwity. tn previous years, volunteer's antlual efforts amounted to approximately 500 hours in total. It h&s always proved difficult to attribute in an economic value. this contribution to the charity. Howevcr, because of circumstances beyond the c4)ntrol of the charity which curtailed fuThdtaising campaignsj voluntccr hours have reduced approxin)at¢ly by half. The tswt¢¢s, themselves volwrteer4 ensure that best vakne is derived from the effects of all volunteers. Achievement aDd perfornianee The CEIty has ¢ontinu¢d to raise il's in¢>)me througb donations. It wa8 good to rea¢tivate the ChltY ball in Birn)ingham wbic]L rai8¢d a Iremendous amount of income and awarcne5S. The direct debit contributions have remained steady and this has helEKd the reserves of the clwity. Dialogu¢ wtth th¢ Hom¢ renInS ongoing and consistent via visits and ell1]s by the Tn¢¢5. There have akn been higb profile visitors to the Home which has raised even more awareness. The Charity h&8 continued to be used in an advis( CapltY by individuals and small groups of supporters from aeross the globe WFLO are looking to plan or hold fundraising activiti¢s ¢ither for the Chority direct or the Home itself. Page 2
UK FRIENDS OF UMQUE HOME (PUNJAB) TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) A¢hi¢vement and performance (Contfinued) Social Media platforms remain active and ongoing with individuals arranging ad-hoc events to support the Home from time to time on an ongoing basis. Tr annual Cake and CaJNllcs Campaign rn]nS strong and this yr was supported very well by way of w>sts on social mlia alld photographs being provided by a number of supporters of UK Friends of Unique Hom¢ (Punjab) This annual event brings joy to the children every 24th ApIil. Thc Home treats this day, as the birthday of all their Childre Support for the initia¢iv¢ was WOTld-wid¢ With groups from New Zealand participating. Reseryes Po]Icy Funds are collect¢d through voluntary donations alld it is this illcome that furLds the work of the charity. The net incoming SoUrCeS for the year auLOUlltcd to £14,626, which Itfted the getwdl res¢TV¢S at the end of the fu'la1 year to £189,326. With regard to those generdl reserves. a policy has b¢en establisbed whereby the unrestricted funds not comlllltted or invested in tangibl¢ fixed assets, the free reseryes, beld by thc charity should bc b¢tween 12 and 24 months of the resollr expend annually. Thi8 equat to £15,000 10 £30.000 in free reserves. It 18 felt that, at this level, it would be p05$ibl¢ to ¢ontinue the cuts activities of the charity in the event of a significallt dr{ in donations. This would then give 8ufficient time to consider how the fLLllding would be replaced OT the activities changed. Prlnclpal Funding Sources The Primary fiulding source is donations from the clwitys supporters. The fillMLs from this souwe are lo provide phased fidIllg donations to the Unique Home in order to achieve the objectives of IJLe clwity. Overall. the trnstees are satisfied with these results and we will endeavour lo maintain this level of income in fijture. Fufvre Developments The Charitys website and 80cial media sites continue to be reviewed with the intention of updating the format and content, when and if deemed appropriate. With the llill building of the complex. and the 5ickness/i801ation suite completed, tUre plans are to purcbase adjacent land which will have a developmettt, incorFX)rating a Digital Educational Hub for the older girls. This complcx will rcplacc previous plans to build an ¢dutiOn centre beside the main building. This is an Qngoing matter of discussion that the home is leading. The Charity will ensure tbat this development reccivcs appropriat¢ financial support when quIred. Other pkn5 include a strong possibility of long tenll UK friends upgrading or even developillg a new w¢bsit¢. The Charity will also be bosting an Event in London in 2025. The aim this year is to consolidatc and wodt towards orwising more live fimdraisinE events Page 3
UK FRtENDS OF UNIQUE llOME UNJAB) TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 (CONTINUED) Truste, responilbllltles in relation to the fin&neial $ttements (Continued) Trusttts, responsibilities in relatton to the fjuneial ststements The tTUSt¢es are responsible for preparing the Trnstees Annual Report and the fu¢11 stat¢mellts in accordance with applicablc law and United Killgdom Accounting stalldar (United Kingdom Gcllerally Acccpted Accoullting Prdctice). The law appli¢able to Chariti¢s in England requir¢s th¢ trust¢cs to prepar¢ the financial Ststallts for ¢ach financial y¢ar which give a tNe and fair view of the ItOMing resourc and application of resources of the c]wity for that period. In preparing these financial StatellntS, the trustees ar¢ required to: - selcct suitable accoutlting policies and then apply them WDSiSt¢lltlyJ - Jnak¢ judgan¢nts al estimates that are reasonable and prudent.. - state wh¢th¢r applicabl¢ accounting standards have been followe subject to any material dwartuirs disclosed and explained in the financial statements. - prepare the finaThciai statements on the going ¢onc¢rn basis unless it is inappropriat¢ to presume tRt the charity will continu¢ in (W¢T8ti0n. The trustees atr responsible for keeping accounting records which disclose with reasonable accurdcy the financial position of the charity and which enablc thcm to asccrtain that the financial statcmcnty comply with the Charities Act 2011, the ChaTity (Accounts and Reports) Regulations 2008 and the proTrisÉons of the trust de.. They are also responsible for safeguarding the ass¢ts of the charity and for tsking reonable stws for the prevention and detection of fraud and other irresularities. Approved by the board on 25 January 2025 and signed on its behalf by: Trustee- Mr R Thaliwal Page 4
UK FRIENDS OF UNIQUE HOME (PUNJAB) INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF UK FRIENDS OF UNIQUE HOME (PUNJAB) FOR THE YEAR ENDED 31 MARCH 2024 We report the trustees on our examination of the accounts of the charity for the year ended 31 Marth 2024 which are set out on pages 6 to 8. Responsibilities and basis of report As the charity trwstees you are responsible for the preparation of the accounts in accordance with the ruTreMents of the Charities Act 2011 (the Act") We report in respe of our examination of the charitvs accounts carried out under section 145 of the Act and in C4Trying out our ¢xamination, we have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent Examlner's Statement We have completed OUT examination. We confirn] that no matters have come to our attention in connection with th¢ examination giving us cause to believe that in any material respect.. accounting records were not kept in respect of the charity as requir&] by section 130 of the Act.. or 2 the accounts do not accord with those records. or 3 th¢ auntS do not comply with the accounting requirements concernin8 the foTm and content of accounts set out in the Charities (acwunts and Reports) Regulations 2008 other than any r4uirement tbat the aco)unts gAve a trne and fair view which is not a matter considered as part of an independent examination. We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this rq)ort to enabl¢ a proper und¢rstandin8 of th¢ awounts to b¢ reached. CELERICA LTD CHARTERED CERTIFIED ACCOUNTANTS FIRST FLOOR THE OLD CHAPEL 9 KEMPSON ROAD LEICESTER LE2 8AN CELERtCA Dated . 25th January 2025 Page 5
UK FRIEIWDS OF UNIQUE HOME (PtrNJAB) RECEtPTS AND PAYMENTS Accouwr FOR THE YEAR ENDED 31 MARCH 2024 2024 2024 2024 Unrestricted Restricted Total Funds Funds Funds 2023 TotAI Fllnds RECEDYS Donations Just Giving & Cl)aritsble Giving DonatiODS Gift Aid Fundraising Activitie5 delayed 15.117 23,247 3,932 15,117 23,247 3.932 13,311 19.701 2.215 Total R¢¢eipts 42296 42,296 35,227 PAyME1s Just Giving Fees Trustees Expenses AUntallcy and Bookkeeping Event Costs Events tncome Refimded Miscellaneous Ballk Charges GTant8 to tn5titutsons iJ40 1,340 1.210 2.400 io 176 10.700 io 176 10.700 400 194 8,000 Totsl Resource8 Expended 14,626 14,626 12,204 et Recelpts 27.670 27,670 23,023 Cash Funds last year end 161.656 161,656 138.633 Caskn Funds this year end 189J26 189J26 161,656 Page 6
UK FRIENDS OF iJNIQUE HOME (PUNJAB) STATEMENT OF ASSETS AND LIABIL AS AT 31 MARCH 2024 2023 2023 Unrestricted Restricted Fullds Funds 2023 Total 2022 Total Funds Cash fllttd8 Casb at bank and in hand 189,326 189,326 189,326 189.326 161,656 161.656 Other non-monetary assets A85¢ts ret*in¢d by ¢Ilty for own use Liabilitles DefeLTed Income from postponed event Accountsncy 660 660 660 660 660 Signed on bchalf of the Trustees Prillt Name Dal¢ of Approval Mr R Thaliwal 25.01.25 Page 7
UK FRIENDS OF UNI UE HOME PUNJAB Notes to the financi•l statemeryts for tbe ear ended 31 March 2025 Aecounthig Pollcles Aceounting Conventio The accounts have been prepared under the htstorical cost converttion. Aeeounting Treatment The accounts. incorporating a Receipts and Payments Account, Statement of Assets and Liabilities and related notes have been prepared in accordance with guidelines is8ued by the Charity Commission and their publication CC16a. Taxation No provision has been made for taxation as the charitys charitsble status renders it exempt from UK dI¢t taxation. Other costs 2024 2023 Independent examin f¢¢s 660 660 660 660 Page 8