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2025-10-31-accounts

Registered number: 06038553 Charity number: 1135224

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Unaudited

Trustees' report and financial statements

For the Year Ended 31 October 2025

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Contents

Page
Reference and administrative details of the Company, its Trustees and advisers 1
Trustees' report 2 - 6
Independent examiner's report 7
Statement of financial activities 8
Balance sheet 9 - 10
Notes to the financial statements 11 - 21
The following pages do not form part of the statutory financial statements:
Charity Detailed income and expenditure account and summaries

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Reference and administrative details of the Company, its Trustees and advisers and administrative details of the Company, its Trustees and advisers
For the Year Ended 31 October 2025
Trustees Sushil Waman Gaikwad, Chairman
Govind Shankar Kanegaonkar, Trustee
Vaibhav Ramesh Khandge, Trustee
Vasant P Ranade, Finance Trustee
Company registered
number 06038553
Charity registered
number 1135224
Registered office 306 Dollis Hill Lane
Cricklewood
London
NW2 6HH
Accountants Mantax Lynton
Chartered Accountants and Statutory Auditors
Suite 207 Equitable House- 2nd Floor
7 General Gordon Place
London
SE18 6FH

Page 1

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Trustees' report For the Year Ended 31 October 2025

The Trustees present their annual report together with the financial statements of Maharashtra Mandal UK Ltd (the Company) for the year 1 November 2024 to 31 October 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.

Structure, Governance and Management

The company is a company limited by guarantee incorporated on 2nd January 2007 and is governed by the memorandum and articles of association incorporated on 16th May 2009 as amended by the special resolution of 23rd February 2010. The company was granted charitable status on 26th March 2010. The memorandum and articles of association of the company were further updated and amended on 5th March 2014.

The company is controlled by another entity; Maharashtra Mandal London which has similar charitable activities and common trustees. As per the Articles of Association, every member of Maharashtra Mandal London is also a member of the company.

The organization structure of the Company consists of a Board of Trustees (BOT) who are responsible for the finances, investments and custody of its funds and property.

The trustees who are also directors for the purposes of company law, and who served during the year and up to the date of signature of the financial statement were:

Govind Shankar Kanegaonkar, Chairman (appointed on 18 June 2022) Sushil Waman Gaikwad , Trustee (appointed on 18 June 2022) Vaibhav Ramesh Khandge , Trustee (appointed on 18 June 2022) Vasant Purushottam Ranade, Trustee (appointed on 1 April 2023)

The Following portfolios were allocated: Chair Trustee : Sushil Gaikwad Building Trustee: Sushil Gaikwad Finance Trustee: Vasant Ranade Fund Raising Trustee: Vaibhav Khandge

A nomination committee is appointed who is responsible to scout for appropriate trustees candidates. After interviewing the candidates and on assessing their qualifications, experience and commitment the committee invites them to join the board of trustees. After the incumbent has accepted the invitation, the nomination committee then recommends them to the General Body for their approval of trustee appointment in the members Annual General meeting. None of the trustees has any beneficial interest in the company. All trustees are members of the company and guarantee to contribute £1 in the event of a winding up of the Company.

Page 2

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Trustees' report (continued) For the Year Ended 31 October 2025

a. Constitution

Maharashtra Mandal UK Ltd is registered as a charitable company limited by guarantee and was set up by a Trust deed.

b. Methods of appointment or election of Trustees

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.

c. Pay policy for key management personnel

Trustees and key management personnel do not take any remuneration from the company.

d. Financial risk management

The Trustees have assessed the major risks to which the Company is exposed, in particular those related to the operations and finances of the Company, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Objectives and activities

a. Policies and objectives

The charity's objects are, inter alia:

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

b. Activities undertaken to achieve objectives

Freehold of the Maharashtra Mandal London Building

The offer for the freehold purchase of the building is still on the table with the landlord, the Church of England Diocese. We are actively updating them on the progress of our fundraising efforts. We have successfully secured the necessary funding from the Government of Maharashtra to purchase the freehold of the building, and the process is currently underway. Our fundraising trustee, Mr. Vaibhav Khandge, will provide a detailed update on his progress at the upcoming Annual General Meeting (AGM).

Page 3

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Trustees' report (continued) For the Year Ended 31 October 2025

Building Management and Maintenance

During the year the trustees strengthened arrangements for the stewardship of the premises to support safe, effective and community?focused use of the facilities.

A part-time caretaker was appointed to provide day-to-day support across the building. The caretaker’s core responsibilities include regular cleaning of communal areas and activity rooms, routine maintenance tasks such as minor repairs and weekly checks of fire exits and emergency lighting, and event assistance including set-up, changeovers and close-down. These arrangements have improved operational readiness, volunteer coordination and turnaround between events, while supporting compliance with health, safety and fire precautions.

Building Maintenance Report

During the reporting period the charity prioritised essential renewals to enhance safety, accessibility and the user experience for community events and educational activities. The following items were installed and commissioned:

A new fridge for the community kitchen to improve food hygiene controls and capacity.

A gas stove to support catering for cultural programmes and larger gatherings.

An LED television to facilitate presentations, educational sessions and information displays.

A new projector to support talks, film screenings and language and culture classes.

An updated audio system to provide clearer speech reinforcement and programme sound.

Stage lighting to improve visibility and production quality for performances and ceremonies.

Planned and pending works are timetabled to proceed once earmarked funding is received and, where relevant, following completion of the freehold purchase of the property. These works include accessibility improvements, roof and fabric works, energy-efficiency upgrades, compliance testing and certification, and

interior refurbishment, together with associated professional surveys and permissions where required. The sequencing will be aligned to cash flow milestones and the legal completion timetable for the freehold acquisition.

c . Main activities undertaken to further the Company's purposes for the public benefit

The trustees have complied with their duty in section 17 of the Charities Act 2011 to have due regard to the guidance published by the Charity Commission.

Achievements and performance

a. Key performance indicators

This year, the hall hire income of £ 32,827 was very close to last year’s income of £35,345. We had one main hirer in the year under review who mainly contributed to this hire income. The other main source of Income was donations of £61,500 (2024: £37,500) receivable from Maharashtra Mandal London. It has been our priority to keep users safe and we have been vigilant in updating our hirers about changes to government guidelines.

Overall income in 2025 of £ 94,327 was higher compared with 2024 of £ 70,640 which was due to the ability to put on more fundraising events this year. Increased fundraising events also caused expenses to increase as the element of variable costs (e.g food) for each event is generally higher, the final outcome of this being a small

Page 4

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Trustees' report (continued) For the Year Ended 31 October 2025

profit of £1,554. After earning this small profit, the Company still had unrestricted funds to carry forward into 2025-26 financial year in excess of £213,500.

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Also, Maharashtra Mandal London (MML), a charity under common control by the same Trustees, has agreed to provide financial assistance to the company to enable it to continue to trade for the foreseeable future. For this reason, the trustees continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

c. Principal risks and uncertainties

The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.

d. Principal funding

Apart from income from hall hire, the main funding for the company is received from Maharashtra Mandal London (MML), which is a registered charity with Charity Commissions and under the management of common Trustees. For the year under review, like many previous years MML has committed a donation of £61,500 (2024: £37,500) to the company.

Page 5

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Trustees' report (continued) For the Year Ended 31 October 2025

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Sushil Waman Gaikwad Chairman Date: 28 March 2026

Vasant P Ranade Finance Trustee

Page 6

Maharashtra Mandal UK Ltd IA ¢ompany Ilmltod by guarantee) Independent examlnèrfs rèport For thè Year Ended 31 October 2025 Indèpandent oxamlnerfs report to thè TN8tees of Mahara$htra Mandal UK Ltd I'tho Company'l I rgport lo the charity Truglees on my examlnalion of the a¢￿Unts of the Company for the year onded 31 October 2025. R68ponslbilitl6s and basls of r9POrt AS the Trustees of the Company {gnd its directors for the purposa8 of company law} you are responsible for the prgparatlDn of the account8 in accordance wf(h the requirements of tha Companlgs AGt 20D6 {'the 2006 ACV). Having satisfied myself th3t the accounts of the Company are not rquired lo be audited under Part 16 of the 2008 Act and are eligible for ind?p8ndent examination, I report in r&8pecl of my examination of the Company's accounts carried out under $8Ction 145 of the Char((ies A¢t 2011 ('the 2011 Act'l. In carrying out my examination I have foll¢Jwed the Directions given by the Charity Commission under $6ction 14515llbl of the 2011 Art. llldopendont èxamlnerfs statement I have Completed my gxaminalion. I confirm that no matterg have come to my attention in connection with th8 examin8tion giving me caus8 lo believe.. accounting tscords were not kept in respect of th8 Company as required by se¢tion 386 of the 2006 Act., or the aecounls do not aoGord with those rècord8,' Dr the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other than any requiremgnt that th8 account5 give a Irue and fail view which is not a matter considered as part of an independent examination- or the accounts have not been prepared in ac¢ordance with tho methods and princip185 of the Statement of Recommended Practice for accounting and reporting by charities lapplicable tu charlties preparing their accounts in aecordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 10211. I have no con¢ems and have come across no other matters in conn8clion with the examlnallon to which attantion should be drawn in this reptsrt in order to 8nable a proper understanding of the accounts lo be reached. This report is mad& salely to the Company's Trustees, as a body, in accordance wrf(h Part 4 of the Charitiè8 (Accounts and Reports) Regulatlons 2008. My work has been undertak8n so that I might stalè lo the Companls Trustees those matters l am required lo slate lo them in an Independent examiner's report and for no other purpose. To the fullest extant permitted by law, I do not accept or assume responsibility to anyone oth8r than the Company and the Companvs Trustèe as a body, for my work or for this report. Signed.. Janak Raj Pokhrel ACA, FCCA Mantax Lynton Chartered Accountants and StatuloryAuditors Suite 207 Equitable Hous& 2nd Floor 7 General Gordon Place London SE18 6FH Dated.. 28 March 2026 Pag8 7

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Statement of financial activities (incorporating income and expenditure account) For the Year Ended 31 October 2025

Note
Income from:
Donations and legacies
3
Hall hire income
4
Other income
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
61,500
32,827
-
94,327
92,772
92,772
1,555
211,994
1,555
213,549		 Total
funds
2025
£
61,500
32,827
-
94,327
92,772
92,772
1,555
211,994
1,555
213,549		 Total
funds
2024
£
37,500
32,321
819
70,640
100,524
100,524
(29,884)
241,878
(29,884)
211,994

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 11 to 21 form part of these financial statements.

Page 8

Maharashtra Mandal UK Ltd

(A company limited by guarantee) Registered number: 06038553

Balance sheet As at 31 October 2025

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 44,363
2,980
47,343
(20,623)		 2025
£
186,829
186,829
26,720
213,549
213,549
213,549
-
213,549
213,549		 50,060
15,954
66,014
(28,985)		 2024
£
174,965
174,965
37,029
211,994
211,994
211,994
-
211,994
211,994

Page 9

Maharashtra Mandal UK Ltd

(A company limited by guarantee) Registered number: 06038553

Balance sheet (continued) As at 31 October 2025

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Sushil Waman Gaikwad Chairman Date: 28 March 2026

Vasant P Ranade Finance Trustee

The notes on pages 11 to 21 form part of these financial statements.

Page 10

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

1. General information

Maharashtra Mandal UK Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 306 Dollis Hill Lane, London, NW2 6HH. The charity meets the definition of a public benefit entity under FRS 102.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Maharashtra Mandal UK Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Company, can be reliably measured.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Page 11

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

2. Accounting policies (continued)

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Long-term leasehold property - Over the term of the lease - Fixtures and fittings 33.33% p.a. on a straight line basis - Computer equipment 33.33% p.a. on a straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of financial activities.

2.5 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 12

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

2. Accounting policies (continued)

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 Financial instruments

The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

Page 13

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

3.
Income from donations and legacies
Unrestricted
funds
2025
£
Donations
61,500
Unrestricted
funds
2024
£
Donations
37,500
4.
Investment income
Unrestricted
funds
2025
£
Hall Hire income
32,827
Unrestricted
funds
2024
£
Hall Hire income
32,321
5.
Other incoming resources		 Total
funds
2025
£
61,500
Total
funds
2024
£
37,500
Total
funds
2025
£
32,827
Total
funds
2024
£
32,321
Total
funds
2025
£

Page 14

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

5. Other incoming resources (continued)

Unrestricted
funds
2024
£
Other income
819
6.
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2025
£
Support costs
55,347
Event costs
37,425
Total 2025
92,772
Unrestricted
funds
2024
£
Support costs
86,145
Event costs
14,379
Total 2024
100,524		 Total
funds
2024
£
819
Total
2025
£
55,347
37,425
92,772
Total
2024
£
86,145
14,379
100,524

Page 15

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

7. Analysis of expenditure by activities

Charitable activities - support cost
Charitable activities - event costs
Total 2025
Analysis of support costs
Staff costs
Depreciation
Accountancy fees
Council tax and rates
Insurance
Telephone & Communication
Computer costs
Repair & Maintenance
Cleaning and Gardening
Printing and Stationery
Bank charges
Light & Heat
Subscription
Website		 Activities
undertaken
directly
2025
£
-
37,425
37,425		 Support
costs
2025
£
55,347
-
55,347
Activities
2025
£
2,238
10,406
1,000
1,744
9,338
612
418
5,192
13,182
320
365
8,892
982
658
55,347		 Total
funds
2025
£
55,347
37,425
92,772
Total
funds
2025
£
2,238
10,406
1,000
1,744
9,338
612
418
5,192
13,182
320
365
8,892
982
658
55,347

Page 16

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

7. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Staff costs
Depreciation
Accountancy fees
Council tax and rates
Insurance
Telephone & Communication
Exp type 5
Repair & Maintenance
Cleaning & Gardening
Ground rent
Exp type 14
Legal & Professional fees
Light & Heat
Subscription
Website		 Activities
2024
£
8,736
18,180
1,000
162
8,585
729
87
31,964
7,960
47
427
180
6,695
667
726
86,145		 Total
funds
2024
£
8,736
18,180
1,000
162
8,585
729
87
31,964
7,960
47
427
180
6,695
667
726
86,145

8. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £1,000 ( 2024 - £1,000 ).

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 October 2025, no Trustee expenses have been incurred (2024 - £NIL) .

Page 17

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

10. Tangible fixed assets

Cost or valuation
At 1 November 2024
Additions
At 31 October 2025
Depreciation
At 1 November 2024
Charge for the year
At 31 October 2025
Net book value
At 31 October 2025
11.
Debtors
Due within one year
Trade debtors
Other debtors
Prepayments and accrued income
Donations receivable		 Long-term
leasehold
property
£
197,742
-
197,742
31,909
2,151
34,060
163,682		 Fixtures and
fittings
£
136,337
-
136,337
130,975
4,255
135,230
1,107		 Computer
equipment
£
6,089
22,269
28,358
2,319
3,999
6,318
22,040
2025
£
6,660
4,394
4,011
29,298
44,363		 Total
£
340,168
22,269
362,437
165,203
10,405
175,608
186,829
2024
£
4,860
660
5,755
38,785
50,060

Page 18

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

12. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Accruals and deferred income
Covid fund disbursement outstanding
13.
Statement of funds
Statement of funds - current year
Unrestricted funds
General Funds - all funds
Statement of funds - prior year
Unrestricted funds
General Funds - all funds		 Balance at 1
November
2024
£
211,994
Balance at
1 November
2023
£
241,878		 Income
£
94,327
Income
£
70,640		 2025
£
20,377
-
246
-
20,623
Expenditure
£
(92,772)
Expenditure
£
(100,524)		 2024
£
3,378
342
1,750
23,515
28,985
Balance at
31 October
2025
£
213,549
Balance at
31 October
2024
£
211,994

Page 19

Maharashtra Mandal UK Ltd (A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

14. Summary of funds

Summary of funds - current year

Balance at 1
November
2024
£
General funds
211,994
Summary of funds - prior year
Balance at
1 November
2023
£
General funds
241,878
15.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Tangible fixed assets
Current assets
Creditors due within one year
Total		 Income
£
Expenditure
£
94,327
(92,772)
Income
£
Expenditure
£
70,640
(100,524)
Unrestricted
funds
2025
£
186,829
47,343
(20,623)
213,549		 Balance at
31 October
2025
£
213,549
Balance at
31 October
2024
£
211,994
Total
funds
2025
£
186,829
47,343
(20,623)
213,549

Page 20

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Notes to the financial statements For the Year Ended 31 October 2025

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
174,965
66,014
(28,985)
211,994		 Total
funds
2024
£
174,965
66,014
(28,985)
211,994

16. Members' liability

Each member of the charitable company undertakes to contribute to the assets of the company in the event of it being wound up while he/she is a member, or within one year after he/she ceases to be a member, such amount as may be required, not exceeding £1 for the debts and liabilities contracted before he/she ceases to be a member.

17. Related party transactions

During the year Maharashtra Mandal London (MML) a charity controlled by the same Trustees have provided donations to the company of £61,500 (2024:£37,500). Amount owed by MML to the company at the year end was £29,298 (2024:£38,785).

18. Controlling party

The charitable company is controlled by the board of Trustees.

Page 21

Maharashtra Mandal UK Ltd

(A company limited by guarantee)

Income and expenditure account For the Year Ended 31 October 2025

Income
Hall Hire
Other income
Donation from MML
Gains on investments
Gross income in the reporting period
Less:
Charitable activites
Event costs
General & Water rates
Insurance
Light & Heat
Repairs & Maintenance
Cleaning & Gardening
Support Costs
Website & Hosting
Licence fees & IT
Depreciation
Wages and salaries
Subscription
Telephone & Internet
Printing,postage and stationery
Building security
Accountancy
Bank fees
Book keeping charges
Staff training
Travel
Legal and professional		 2025
£
32,827
-
61,500
37,425
1,744
9,338
8,292
4,356
13,182
658
418
10,406
2,238
982
612
320
836
1,000
365
600
-
-
-		 2025
£
94,327
-
94,327
74,337
18,435		 2024
£
32,321
819
37,500
14,379
162
8,585
5,948
31,067
7,960
726
87
18,180
8,736
667
729
47
897
1,000
427
650
80
17
180		 2024
£
70,640
-
70,640
68,101
32,423

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Maharashtra Mandal UK Ltd (A company limited by guarantee)

Income and expenditure account (continued) For the Year Ended 31 October 2025

Total expenditure
Net income/(expenditure) before taxation for the
reporting period
Tax payable
Net income/(expenditure) for the reporting period
Surplus/(Deficit) for the reporting period
Surplus brought forward at 1 November 2024
Surplus carried forward at 31 October 2025		 2025
£		 2025
£
92,772
1,555
-
1,555
1,555
211,994
213,549		 2024
£		 2024
£
100,524
(29,884)
-
(29,884)
(29,884)
241,878
211,994

The notes on pages 11 to 21 form part of these financial statements.

Page 23