REGISTERED CHARITY NUMBER: 1139178
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Report of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a constitution adopted 27 July 2003.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1139178
Principal address
103-105 Frisby Road Leicester Leicestershire LE5 0DQ
Trustees
Jaiantilal Gopal Trustee Narsaim Dera Trustee (resigned 20.5.24) Satish Devji Assistant Secretary (resigned 18.5.24) Pramodh Tandel President Vinod Aribai Vice President Pankesh Prabhakar Treasurer Ganesh Ucar Secretary Ramgi Sucar Trustee (resigned 21.4.24) Mohan Dulobo Trustee (resigned 21.4.24) Cangi Rama Trustee (resigned 21.4.24) Rameshbhai Balubhai Pamsi Trustee (appointed 21.4.24) Hitesh Madou Joint Secretary (appointed 21.4.24) Vijalkumar Vijay Tandel Joint Secretary (appointed 21.4.24)
Independent Examiner
B M Kotecha Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB
Approved by order of the board of trustees on 4 August 2025 and signed on its behalf by:
Pramodh Tandel - Trustee
Page 1
Independent Examiner's Report to the Trustees of SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Independent examiner's report to the trustees of SHREE DAMANIA MACHHI MAHAJAN LEICESTER
I report to the charity trustees on my examination of the accounts of SHREE DAMANIA MACHHI MAHAJAN LEICESTER (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the 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 not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
B M Kotecha
Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB
4 August 2025
Page 2
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Statement of Financial Activities
for the Year Ended 31 March 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 112,975 Other trading activities 3 35,801 Investment income 4 12,014 Total 160,790 EXPENDITURE ON Raising funds 5 43,633 Charitable activities 6 Mandir/Puja/Donations 13,824 Social/Religious/Sports/ Educational Event - Other 1,954 Total 59,411 NET INCOME/(EXPENDITURE) 101,379 RECONCILIATION OF FUNDS Total funds brought forward 732,771 TOTAL FUNDS CARRIED FORWARD 834,150 |
Restricted fund £ - - - - - 116 - - 116 (116) 116 - |
31.3.25 Total funds £ 112,975 35,801 12,014 160,790 43,633 13,940 - 1,954 59,527 101,263 732,887 834,150 |
31.3.24 Total funds £ 106,778 39,864 450 147,092 37,615 10,508 650 3,008 51,781 95,311 637,576 732,887 |
|---|---|---|---|
The notes form part of these financial statements
Page 3
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Balance Sheet
31 March 2025
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 317,091 1,305 571,961 573,266 (56,207) 517,059 834,150 834,150 |
Restricted fund £ - - - - - - - - |
31.3.25 Total funds £ 317,091 1,305 571,961 573,266 (56,207) 517,059 834,150 834,150 834,150 - 834,150 |
31.3.24 Total funds £ 317,198 1,269 493,334 494,603 (78,914) 415,689 732,887 732,887 732,771 116 732,887 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 4 August 2025 and were signed on its behalf by:
Pramodh Tandel - Trustee
Pankesh Prabhakar - Trustee
The notes form part of these financial statements
Page 4
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | - not provided |
|---|---|
| Fixtures and fittings | - 25% on reducing balance |
| Computer equipment | - 25% on reducing balance |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Gifts Donations/Members fees-General Grants Grants received, included in the above, are as follows: Other grants |
31.3.25 £ - 109,225 3,750 112,975 31.3.25 £ 3,750 |
31.3.24 £ 2 106,776 - 106,778 31.3.24 £ - |
|---|---|---|
continued...
Page 5
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 3. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Hall & Utensil hire | 35,801 | 39,864 | |
| 4. | INVESTMENT INCOME | ||
| Interest Received | 31.3.25 £ 12,014 |
31.3.24 £ 450 |
|
| 5. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| Rates and water | 31.3.25 £ 1,705 |
31.3.24 £ 2,491 |
|
| Insurance | 1,530 | 1,512 | |
| Light and heat | 5,176 | 6,260 | |
| Cleaning | 5,633 | 6,634 | |
| Postage/Stationery/Telephone | 2,280 | 3,020 | |
| Sundries | 329 | 556 | |
| Raffle tickets and trophies | 15,202 | 7,638 | |
| Food, Plates & Cups | 5,470 | 2,395 | |
| Repairs and Maintenance | 3,133 | 3,200 | |
| Travelling Exp | 3,110 | 3,690 | |
| Bank charges | 65 | 219 | |
| 43,633 | 37,615 | ||
| 6. | CHARITABLE ACTIVITIES COSTS | ||
| Mandir/Puja/Donations | Direct Costs £ 13,940 |
||
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
One of the trustees received £600 (2024 - £3,300) for travelling expenses during the period.
continued...
Page 6
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
8. TANGIBLE FIXED ASSETS
| Fixtures Freehold and property fittings £ £ COST At 1 April 2024 313,134 43,784 Additions - 369 At 31 March 2025 313,134 44,153 DEPRECIATION At 1 April 2024 - 40,838 Charge for year - 736 At 31 March 2025 - 41,574 NET BOOK VALUE At 31 March 2025 313,134 2,579 At 31 March 2024 313,134 2,946 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 11) Trade creditors Other creditors 11. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Other loans |
Computer equipment £ 1,907 540 2,447 789 280 1,069 1,378 1,118 31.3.25 £ 1,305 31.3.25 £ 55,607 - 600 56,207 31.3.25 £ 55,607 |
Totals £ 358,825 909 359,734 41,627 1,016 42,643 317,091 317,198 31.3.24 £ 1,269 31.3.24 £ 78,313 1 600 78,914 31.3.24 £ 78,313 |
|---|---|---|
continued...
Page 7
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS |
At 1.4.24 £ 732,771 116 732,887 Incoming resources £ 160,790 - 160,790 At 1.4.23 £ 635,576 2,000 637,576 |
Net movement At in funds 31.3.25 £ £ 101,379 834,150 (116) - 101,263 834,150 Resources Movement expended in funds £ £ (59,411) 101,379 (116) (116) (59,527) 101,263 Net movement At in funds 31.3.24 £ £ 97,195 732,771 (1,884) 116 95,311 732,887 |
|---|---|---|
continued...
Page 8
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS |
Incoming resources £ 147,092 - 147,092 |
Resources Movement expended in funds £ £ (49,897) 97,195 (1,884) (1,884) (51,781) 95,311 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS |
At 1.4.23 £ 635,576 2,000 637,576 |
Net movement in funds £ 198,574 (2,000) 196,574 |
At 31.3.25 £ 834,150 - 834,150 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Ward Community Funding TOTAL FUNDS |
Incoming resources £ 307,882 - 307,882 |
Resources Movement expended in funds £ £ (109,308) 198,574 (2,000) (2,000) (111,308) 196,574 |
|---|---|---|
continued...
Page 9
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
14. OTHER LOANS
These are short term loans from the members and well-wishers, and are interest free and repayable on demand. These were advanced to the Mahajan to facilitate the purchase of the functional property at 103-105 Frisby Road, Leicester. LE5 0DQ, and additional property.
15. FEES FOR EXAMINING THE ACCOUNTS
The fee charged for preparation and examination of accounts was £600 (2024 £600).
Page 10
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 |
||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | - | 2 |
| Donations/Members fees-General | 109,225 | 106,776 |
| Grants | 3,750 | - |
| Other trading activities | 112,975 | 106,778 |
| Hall & Utensil hire | 35,801 | 39,864 |
| Investment income | ||
| Interest Received | 12,014 | 450 |
| Total incoming resources | 160,790 | 147,092 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rates and water | 1,705 | 2,491 |
| Insurance | 1,530 | 1,512 |
| Light and heat | 5,176 | 6,260 |
| Cleaning | 5,633 | 6,634 |
| Postage/Stationery/Telephone | 2,280 | 3,020 |
| Sundries | 329 | 556 |
| Raffle tickets and trophies | 15,202 | 7,638 |
| Food, Plates & Cups | 5,470 | 2,395 |
| Repairs and Maintenance | 3,133 | 3,200 |
| Travelling Exp | 3,110 | 3,690 |
| Bank charges | 65 | 219 |
| Charitable activities | 43,633 | 37,615 |
| Mandir/Puja/Donations | 13,940 | 10,508 |
| Hall/Equipment hire/Performers | - | 650 |
| Other | 13,940 | 11,158 |
| Legal & Professional fees | 939 | 1,654 |
| Depreciation | 1,015 | 1,354 |
| 1,954 | 3,008 | |
| Total resources expended | 59,527 | 51,781 |
| Net income | 101,263 | 95,311 |
This page does not form part of the statutory financial statements
Page 11
SHREE DAMANIA MACHHI MAHAJAN LEICESTER
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 10 |
| Detailed Statement of Financial Activities | 11 |