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2023-12-31-accounts

Trustees’ annual report (including Directors’ report) for the period

From: 1 January 2023 To: 31 December 2023

Charity name: Sports, Education, Welfare Association, Rurka Kalan, UK

Charity registration number: 1135996

Company number: N/A

Objectives and activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To encourage the youth of Rurka Kalan
village – and surrounding areas of Punjab,
India – to participate in the sport of football
to obtain the positive benefits of physical
exercise and health.
To improve village infrastructure and
facilities throughout the community, this will
in turn improve social welfare and living
conditions.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
Providing education, welfare and physical
exercise through the sport of football.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit.
Para 1.18 Confirmed

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference We do not give grants Para 1.38 Policy on grant making We do not make investments Para 1.38 Policy on social investment including program related investment

Achievements and performance

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The charity continues to support the village
of Rurka Kalan, and the surrounding areas
of Punjab, India.
Continued support was given to the
academy set up to provide education,
welfare and sporting activities for residents
of the community.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 Most objectives have been met. Aims are
long term.
Performance of fundraising
activities against objectives
set
Para 1.41 We are satisfied fundraising activities were
still of a good level. Income was lower than
in 2021, but we have still managed to raise
significant funds for donations to India.
Investment performance
against objectives
Para 1.41 We do not invest

Financial review

Financial review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Reserves are slightly lower this year as
donations made out exceeded receipts, but
financial position is still very healthy.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 All reserves held are unrestricted. Any
reserves held are for short-term purposes
only and will be used towards the Charity
objectives in the following period.
Amount of reserves held Para 1.22 £35,860
Reasons for holding zero
reserves
Para 1.22 N/A

Details of fund materially in Para 1.24 deficit N/A Explanation of any Para 1.23 uncertainties about the N/A charity continuing as a going concern

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The Charity’s principle source of funds is by
way of grants received from the
organisations such as FIFA, and also by way
of donations from the public.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46 We do not make investments
A description of the principal
risks facing the charity
Para 1.46 Attracting funding is always difficult,
particularly in the current financial & health
climate.

Structure, governance and management

Description of charity’s
trusts:
Type of governing document:
for example,trust deed,
memorandum and articles of
association etc
Para 1.25 Constitution adopted 7 September 2009 and
amended 25 March 2010.
How is the charity
constituted?
for example limited company,
unincorporated association,
CIO
Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 There is no formal method to identify
potential governors but those applying must
be approved by the existing
Trustees/Directors

Reference and administrative details

Charity name Sports, Education, Welfare Association, Rurka Kalan,
UK
Other name the charity uses N/A
Registered charity number 1135996
Charity’s principal address 5 Albany Road, Earlsdon, Coventry, CV5 6JQ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Trustee name Office
(if any)
Dates acted if not for
whole year
Name of person (or
body) entitled to
appoint trustee (if
any)
Ravinder Singh
Sandhu
Jasbir Singh Sandhu
Boota Singh Sandhu
Kulwant Singh Sandhu
Kamaljit Punni
Jaskaran Singh
Sandhu

Names and addresses of advisers (optional information)

s and addresses of advisers (optional information) s and addresses of advisers (optional information) s and addresses of advisers (optional information)
Type of
adviser
Name
Address
Accountants Sachdev & Co. 5 Albany Road, Earlsdon, Coventry, CV5 6JQ
Name of chief executive or names of senior staff members (optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Declarations

The company has taken advantage of the small companies’ exemption in preparing the report above.

The trustees declare that they have approved the trustees’ report (including directors’ report) above.

Signed on behalf of the charity’s trustees/directors

Signature(s) Full name(s) Jasbir Singh Sandhu Position (for example Trustee Secretary, Chair, etc) Date 15 October 2024

CHARITY COMMISSION FOR ENGLANCI AND WALES Sports, Education, welfa￿ A550ciation, Rurka Kalan UK Charity No ifan 1135996 Annual Accounts for the Period Penod start date eno en date 0110112023 3111212023 Section A Statement of financial activities Restricted income funds Recommended categories by activity Unrestricted funds Endowment funds Prior year funds T41 funds Incoming resources (Note 31 F01 F02 F03 F04 F05 Income and endowments from: Donatiorts and le08¢￿5 Ch3ritable actiwt oL￿ertrad￿g athvilies Investments S8parale maten81 iier• of iTume Other S01 46,700 46,700 54,459 S02 S04 S06 Total Resources expended (Note 61 S07 46,700 46,700 54,459 Expenilfjture tsn.. R•ng ftmds Chaiitablp aGt￿the5 S08 S09 47,000 47,000 83,S90 Separate That￿81 Item of expense Other S10 42 47,042 42 47.042 73 83,763 Total S12 Net incomellexpenditure} before investment gainslllosses) S13 342 342 29,304 gainslllossesl on In¥e¥knents S14 SIS Net incomellexpenditurel Extraordinary items Transfer5 between funds Other recognised galnsl{IossgsI: 342 342 29,304 S18 S17 G8ins 8nd b&ses on reVa￿at￿n as8etsforthe chanty$ 0lh9rgain￿ll0Sse$I Net movemeRJt in funds S18 $19 $20 342 342 29,304 Reeonciliation of funds.- rotal fu￿5 broughtfowdrd S21 36.202 35.860 36,202 35,860 65.506 Total funds canigd forward SL

Section B Balance sheet Restricted in¢ome fund$ Unrèstricted funds Endowmerrt Totsl this funds year Totsl last yèar Fixed assets Intsngible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 F05 (Note 15) (Note 141 (Note 16) (Note 17) 804 Total fixed assets B05 Current assets Stocks {Note 18) Debtors (Note 191 Investments (Note 17.41 Cash at bank and in hand (Note 241 Total current assets 807 808 809 35.860 35,860 35.860 36,202 36,202 810 c￿ditors. amounts falling due within one year {Note 201 B11 Net current assets/(liabilities) 612 35 860 35 860 36,202 Total assets less current liabilities B13 35.860 35,860 36.202 Creditors." amounts falling due after one year (Note 201 Provisions for liabilities B14 815 Total net assets or liabiliti.es B76 35,860 35,860 36,202 Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27} Unrestricted funds Revaluation reserve B17 B18 819 35,860 35,860 36,202 820 Total funds 821 35 860 35 860 Signed by one or trustees on behalf of all the trustees Date of approval d(Ymml Signature PTint Name Jasbir Sin h Sandhu 1411012024

Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all charities. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless othe￿ise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with". the Statement of Recommended Praclice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued on 16 July 2014 and wth the Charities Act 2011. The charity constitLrtes a public benefit entity as defined by FRS 102. 1.2 Going concern If there are material uncertainties related to events or conditions that Cast significant doubt on the charity's ability to continue as a going concern, please provide the following details orstate "Not applicable", rf appropriate." An explanation as to those factors that support the conclusion that the charity is a going concem,. Disclosure of any uncertainties that make Ihe going concem assumplion doubtful; N/A N/A Where accounts are not prepared on a going concern basis, please disclose thi5 fact together wtth the basis on which the trustees prepared the accounts and the reason why the chariiy is not regarded as a going COn￿rn. N/A 1.3 Change of accounting policy The accounts present a true and fair view and the accounting policies adopted are those outlined in note 1.1. Yes No Please disclose." (i) the nature of the change in accounting policyi N/A

(li) the reasons why applying the new accounting pollcy pmvides more reliable and more relevant information," and WA (iii) the amount of the adjustment for each Ilne affected in the Current period, each prlor period presented and the aggregate amount of the adjustment relating to periods before those prnsented, 3.44 FRS 102 SORP. N/A 1.4 Changes to accounting estimates No changes to accounting estimates have occurred in the reporting period13.46 FRS 102 SORP). Yes No Please disclose.. (i) the nature of any changes,. N/A (li) the effect of the change on income and expense or assets and liabilities for the currentperiod,. and N/A (iii) where practicable, the effect of the change in one or more future periods. N/A 1.5 Material prior year errors No material prior year error have been identified in the reporting period {3.47 FRS 102 SORP). Yes Please disclose.. (i) the nature of the priorperiod error,. N/A (li) for each priorperfodpresented in the accounts, the amount of the correction for each account line item affected,. and NIA

(iii) the amount of the correction at the beginning of the earliestprior period presented in the accounts. N/A

Section C Notes to the a¢¢ounts Icontl Note 2 2.2 INCOME Accountlng poll¢ies ThL¥srandJffjiistOfaccoUiJr￿g￿￿￿1$S h8Sbeenapp1￿bYrh$Ch￿tye%￿ptforthos2tsc￿èd.Wo.Qr'N¥a.. Whetsa thtrVÉ￿ntor&ddrtH￿aI￿TrCyba$0$￿rt3dOPtedtrell thtsis detail&din the bDxbekn¥. RecOqn￿On of i¥om2 These are Indthed in the Stalementof FinBr¢i81 Activ￿e% {SoFAI Vdhen. tr¢haniv becomes enirtled to the ￿OUrces.. il 1$ more likelythan notththe trustees wll rec&Ye the ￿$OUr￿5.. and the n￿￿let¥ryvsIuÈ¢8n be Measur￿ suffi¢ienl r¥iaknlity. Yes No Nla There has been no Dft5etting ofas5ets and lth11￿5. or InGomeand exp￿￿, unia55 ￿Ul[ed or pemrft&l tythe F¥tS 102 SORP orFRS 102. No ott5etUn9 Yes No Nla Gwnts and donaiion$ Grdntsand dDn3bons8￿ in￿L￿ed in th2SDFA when ￿89#nEral incomR recogn￿On tena are mel IS 10 ID S 12 FRS102 SORPI. In the case ofperformwe rethttorants. Income must￿￿be retyyJnised tolheextent thai the tharity has provid￿ Intr$peoffed orseNt¢e$ a$￿tivementIO the gr￿ On￿￿￿￿5VIl￿n the perfornw¢e telated GonditN)n$ are met15.16 FRS 102 SORPI. Le98¢ies are i￿￿￿￿ed In the SOFAwh ￿ceipt Is probab￿, thai is. vyhen there ha5 be￿ gr8ntof probate. Iheexttutow have e51a￿ls￿ed Ihatthere arè S￿￿￿1th18ssetS In the est8te8no8nyGondthonsattedto the ￿aryare eRher%wthin Dflhe chanty or have been met Nl8 L•94¢ies Yes No Nla Yes Govèmm¢nt9rants No Nla The chartty has weived gDvemmentgrants Inthe ￿p￿rb￿ pewNJ Gi(tMd re¢wv8bk is included in ncomewhen thwei$a wdlid ￿t￿￿ration from the a￿¢r. Ary GrftArd amount retovered on a donation to ￿ partofthal 9rfiand is treed asan addthn ioth¥ samEfund as the inltol donH)D uDle¥&lhe donororthe tem5 of Iheappeal have spetsfieo othenyrse. GontractsHI In¢omead This Is only includeo in SOFA once the chanty ha$ ￿￿ted goodsor perf0m￿l￿e related grnnts seTwGeB ormeiiiÈperfoman¢e ￿lated mndiiiM$ Tax ￿lIsm$ on Yes No Nia Yes No Nla Yes No Donatsd goods are measuRd atfairvsluel￿SmtyjntfOrwfvth 1heassetfyyJ￿ be excha￿￿> Un￿55 iMp￿cti￿1 to do so. The cost of any str￿ of gwas donated fordislribution ID benefitsaries is deemed lo be e lairvaFue ollhose grfts aithtime of Iheirreceipt and they are reco9nisÈd on re(ipt Inthe reportiny peibod in %hich the sw$ a￿ diSl￿bu￿d, Iheyare rwni4ed a$8n ensealthe rarrying amoLrniof the sto¢$81 distribub￿. Donat￿ g￿5f￿r re$81¢8rÈ rneasu￿ alfairyalueon inital rectyniliots, whith islhtr Pfoeeeds from sale Itssthe ￿PeCt& cissts of sa￿. and recognisO in'ln(me from OthertradIr￿ a¢tMlies' wiib the cowonding stock rewgnised in Ihè bsian¢e sheet. On its sale the value of slLK is charged against'lncomefrom othtrtrading athvities, and the [￿#y5 film salea￿ recqni5& as'lneth￿ frtyn ottwitsdin athythes,. Ye5 ND Nla No Nla Yes No Nla Gw(Js dwated foron-goino u52 tythe tharity8￿ rectyjnised a5 taryibie fmed a55ets and indud¥J in the SOFA a5 Incorni￿ resourCesWh￿ receiv8DIe. Grt5 ID kind for use tythe chartysre indudeo itstht SoFAas IDfc¥￿trQM thations tEceivaLIe. Yes No Donated se￿¢£5 and fac11￿0¥ DoneLf se￿ice￿and ts￿1￿es are Indudal In the SOFA ¥thn received atlhe ￿ll of the giftlo ui ¢nSntyp￿vth4 thes7lLE oflhesfft can be rneasured r¢llabW. Doned services and filthpsih¥t ￿rec￿SUM￿o itnmedydldy are rwni5ed as Income with an equivalentarnouNI rwn1sedas an expense undwth8approprfate headi￿ in the SOFA. Yes No Yes Nl8 No 8￿pport costs The ¢h8tityh8S InCUtr￿ W￿ditU￿ on 5UPPOrt Costs. Volunteerhelp ThEvue ofanyvoluntary rec￿¥￿5 is not kiduded In theac£oMts i%dwb8d ID the Irustee5' annual report Yes No Nja Incornefrorn interes¢ royaNie¥ and divide￿￿¥ Thks 1$ I￿￿ett In trEa¢¢ovntsthen weipi i% p￿babIe and the amount r￿￿vable can be rnea5u￿ reikqyy. es No 1￿COMe member6hip Membershipsubscrtplons ￿]Ve¢ in th8 n•tur&otagfft ate Wni5ed ￿ Donat￿￿5 subscrptioThs and Legacie5 Yes No Nla mem￿lshIp subsrripbonswhich llive5 a rnemberlhe nghtto buy services orother tywefity8￿ as In(￿￿¢ eamedfrom the p￿vi￿on ofguod5 and SeTh￿a5 inwre from Ch¥tibbie acbvrfotrs. es No Nla

Sthent tsf In$ulAnc4 tialm8 ID&uran¢$ cÈ81ms areonty in the SoFAwhen the gene181 IncDmè recogniiion ¢trten8 ty￿ meiis.10to 5.12 FRS102 SORPI and are Includ￿ 8$ aTr rtèm of Qlher Inc(xre In the SOFA. Ye5 No Yes No Nl8 InvF8tmont oalns and l(¥sses Th1¥ In&ude$ 8ny re8lised oruDoaiis6¢ gain8or1055es on the s¥i&of in¥￿tmOnts and anyoam or loss ￿Ul11￿ trom rev8luin9 InvesimeDts lo mark¥t vaiug at the end of Ihe y￿r 2.3 EXPENDITURE AND LIABILITIES Llablllty recogn1￿On Liabilities are [B￿gni$èd wnere it Is more liketyihan not that there1S a legal or constructsv¢ obligabon cofflmrtong ike ¢nwtyto pay￿1 resourcesand IIE3fflounlof Ihe IigW ¢an be measured with reasonablé cenanty Support C05ts have been Elkncaied be￿een gov•m8n¢e ¢osts and Oihersupport. Gov•rnarto $upport Go¥ernan¢e ¢osts compn5e all Gosts Invoiwro acc￿ma￿l￿oI the rharity and i ¢osts cr s• by charty Nla Thw are valued at C05t No The cherity ha5 Intangible fixed a&ts. thai 1$, nDn-mDnetsry a55eis that dc not have ph￿￿31 substance bul are IdÈniifi¥ble and a￿ contrDlled by the cnanty through custody or81 righ15 Th$ Jmorti$8tyon ratesa methods used are dk4d05ed In note 9.5 Yes No Nla Inlanglble fixed a$￿tI arewdlued atC051. Ye5 No Nl8 The charrty h85 hèntaoè a$i$, mai Is. nofvmonètary assets ¥￿th historic. artlstic. scienlifK, techno￿9LC$I, geOPhysiC81 or nvironmentsi 0￿41￿e5 that are held and maintsined printyp8lly lor Ih¢lrconthbutlon ￿ knoW￿d9￿and cL￿ture. The depieLialion rates ¥nd mtsthcd$ useo as diaclos8d in note 9 8 1 4 Yes No Nl4 HErftsg• JJ8ets Yes No Nla Th&y are V81u￿ alcosl. F￿8￿ asset Invesbmenis in Quoted Sha￿$. tr￿ed bonds and sHnI￿r invesknents ¥It vJlu8¢ al inib¥lly81 COSI 8nd subsequently alfairvalue (their maTkel valuel * the year end. The 58mt tr¥sbneni 1$2pplied to unlisted ifflveslments fwrvaluecannot be rnp3suted reli3bly in whi¢h case il IS Measur￿ alc￿1 ￿sS ImpaiThent. Yes No Nla Inv•Btm•rrt5 In¥eslmen15 held for resale or perfing Ir*1rsalèa￿ cash and cash èqulvalentswth maluntydate of less than i yèargrÈ treaied aScU￿nt asset investrnents Yes No Nla Stocks he￿ for Sale a5 part of TTh4h8Tttable Ir8¢b8￿ mea$ure081 itte Wwor¢o$ior nel realisab￿Valu￿. Yes No Nla Stocks and work I progro¥ts Goods tr S¢TW¢eS provided as part of a chantable aciivity are ￿aSUred atDetrealwDbvalu¥ based onihe serwce wtenbal piovided by items of skKk. Yes No Nla In progress 15 valued al Gosl fore8ee#bb loss th81 ts likeWID occuron Ihecontraci Yes No Nla

Debbrs Iindudiftg 118de dety￿ts and itsns ￿clIvable> arp mpasured on Inthai re(>yJnthonAt Setuèm￿8￿OunI after any Iradediscountsoramounladvan￿ tythe tharity. subs4u￿¥y. thty are M#sU￿d atts(¥Sh ofotherrU￿K1e￿atIon exp*d to be rec￿¥ Yes No Nla Thecharttyhas h¥S investrents wni¢h ttholds lorresaie orpendiny lhtyrsa￿and cash cash eguw3len15Wth a maturity date less than ￿eyear These include cash on depDsiland cash equfva1ents￿ith a fflatuntydate ofle8s than 0ne￿r￿dfor1nYe$trWIpVweS ratherthan to etshort￿TM ¢ssTh CLKnmltment$8sttw fall dve. No Nla Yes ND Nla Th8yare valued st falfvauee￿pt1Yh￿retr￿ qudty8s bas￿ finan￿￿ IrthumeNt5. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts (cont) Note 3 Analysis of income Restricted Ineomè Endowmont fun(ts fv#d5 Unrestricted funds Total funds Prforyear Anal ifts sis Donations and legacies: Donations and Gift Aid acies General grants provided by govemmenuother charities Membership subscriptions and sponsorships which are in su alions Donated oods, facilities and services Other 46,700 Total 46,700 46,700 54,459 Charitable activities: Other Total Income from investments: Interest income Dividend income Rental and leasin Other income Total Other. Conversion of endowment funds into income Gain on disposal of a tsngible fixed asset held for chari wn Gain on disposal of a programme related investmen Royalties from the exploitstion of intellectual hts Other Total TOTAL INCOME Other infomiation". All incomè in the prior year v￿S unrestrtcted except for. (please provide desGrfption and amounts) N/A Vthere any endowment fund is convertèd into ineome in the reporting pèriod. please give the reason for th8 Con￿r510n. N/A Within the incomè itsm$ above the following items are material.. (please disclose the nature. amount and any prior yearamountsl hUA

Section C Notes to the accounts {cont Note 6 Analysis of expenditure Réstricted Llnresirlct•d income funds funds Endowment funds Anal 15 Incurred seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemes and social lotteries Totsl funrts Prior year Expenditure on raising funds: Staging fundraising events Fudraising agents Operating charity shops Operating a trading company undertaking non-charitable trading activi Advertising, marketing, direct mail and ublici Start up costs incurred in generating new Sour￿ of futu￿ income Database development costs Other trading activities Investment management costs- Portfolio mana emenl costs Cost of obtaining investment advi Investment administration costs Intellectual propety licencing costs Rent collection, propety repairs and Maintenan￿ charges Totsl expenditure on raising funds Expenditure on charitable acttvitie5 Donations made by charty 47,000 83,690 Total expenditure on charitsble activities 47,000 83,690 Separate material itern of expense Total

Other Bank char es 42 42 73 Total other expendlture 42 42 TOTAL EXPENDITURE 47,042 42 83,763 Other Information: Analysls of expenditure on charitable actlvltles Grant fundlng Actlvity or programme Support Costs Total this year Total prioryear Activiti¥$ undertaken dlrectly activities Donations Total Donations sent to YFC India 47,000 83,690 47.000 83,690 83.690 164,400 Prior year expenditure on char5table actlvitlos can bg analysed as follows: £83,890 donated to YFC India Wlthln the expendlture iterns above the followin9 items a￿ material.. (please dls¢lose thg nature, amount and any prioryear amounts}

Section C Notes to the accounts (conti Note 24 Cash at bank and In hand yaar Last Y¢Hr Shorttèmi cash irkvestsnènts Ile55 than 3 ￿OnthS matyrfty datèl Shortterm deposrfs Cash at bank and on hand Othfyr Totsi 35.860 36.202

Independent examiner's report on the accounts CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent Examlner's Report Report to the trusteesl members of Sports, Education, Welfare Association, Rurka Kalan, UK On accounts for the year ended Charity no lif any) 31 December 2023 1135996 Set out on pages 1-11 Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's tnjstees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ('the Charities ACV) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Chartty Commission (under section 145{5}{b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of independent My examination was carried out in accordance with general Directions given examiner's statement by the Charity Commission. An examination includes a review of the accounting records kept by the Gharity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees Con￿rning any such matters. The procedures undertaken do not provide all the eviden￿ thal would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair, view and the report is limited to those matters set out in the statement below. Independent In connection with my examination, no matter has come to my attention examiner's ststement 1. which gives me reasonable cause to believe that in, any material respeGt, the requirements.. to keep accounting records in accordance with section 130 ofthe Charities Act., and to prepare accounts which accord with the accounting records and omply with the accounting requirements of the Charities Act have not been met,. or 2. to which, in my opinion, attention should be drawn in orderto enable proper underslanding of the accounts to be reached. Signed: Date: Name: Dr Rakesh Sachdev Bsc Msc PhD FCCA ACA IER

Relevant professional qualification{sl or body (if any): ICAEW & ACCA Address: 5 Albany Road Coventry CV5 6JQ IER