**Company Registered Number: 0642 6672 (England & Wales) Charity Registration number: 1139867** ## **REPORT OF THE TRUSTEES AND DIRECTORS** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st AUGUST 2024** ## **FOR** ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** **VKM Accountants Ltd Chartered Certified Accountants 25 Balham High Road London SW12 9AL Tel: 020 8673 8899 Fax: 020 8673 8811 Email: vkmehta@aol.com Website: www.vkmehta.co.uk** **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **CONTENTS OF THE FINANCIAL STATEMENTS** |**Company Information**
**Report of the Trustees**
**Statement of Financial Activities**
**Balance Sheet**
**Notes to the Financial Statements**
**Independent Examiners report**|**Page**
**1**
**2**
**3**
**4**
**5 - 6**
**7**
**FOR THE YEAR ENDED 31st AUGUST 2024**| |---|---| Page 1 ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **COMPANY INFORMATION** ## **FOR THE YEAR ENDED 31st AUGUST 2024** **TRUSTEES:** **SECRETARY:** **REGISTERED OFFICE:** ## **REGISTERED NUMBER:** **BANKERS:** **ACCOUNTANTS:** Mr S Gunesssing Mrs E Gunesssing Mr D Ramkissoon Ms Leenah V Gutty (Appointed on 20th February 2024) Mrs E Gunesssing 169 Clayhall Avenue Ilford Essex IG5 0NZ 0642 6672 (England & Wales) Lloyds Bank Plc PO Box 1000 BX1 1LT VKM Accountants Ltd Chartered Certified Accountants 25 Balham High Road London SW12 9AL Page 2 ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31st AUGUST 2024** The trustees present their report with the financial statements of the company for the year ended 31st August 2024 ## **OBJECTS OF THE CHARITY, PRINCIPAL ACTIVITIES AND ORGANISATION OF OUR WORK** The religious association is constituted as a company limited by guarantee and is therefore governed by a memorandum and articles of association. The religious association's object and its principal activity is that of propagating hinduism and working towards the social, cultural, spiritual and educational uplift of one and all. The religious association is organised so that the trustees meet regularly to manage its affairs. All the trustees work part time in administering both the day to day administration of the association and organising spiritual gatherings such as prayers. ## **Statement of Directors' and Trustees' Responsibilities** The Charities Acts and the Companies Acts require the board of Trustees to prepare financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pracrice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently, - make judgements and estimates that are reasonable and prudent, - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business, and - state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. The Trustees are also responsible for maintaining adequate records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statments comply with Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the contents of the trustees' report. TRUSTEES AND DIRECTORS The trustees during the year under review were: Mr S Gunesssing Mrs E Gunesssing Mr D Ramkissoon Ms Leenah V Gutty (Appointed on 20th February 2024) All of the trustees are directors of the company. ## **ON BEHALF OF THE BOARD:** ……………………………………………………… Mr S Gunesssing Date: 31/05/2025 Page 3 ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31st AUGUST 2024** |**Incoming Resources:**
Voluntary Donations
Other Trading Activities
Gift Aid Receipts
**Other expenditure:**
Advertising
Bank charges
Depreciation - Fixtures, fittings and equipment
Events expenses
Food, drink and others
Travelling
Legal & Professional Fees
Light & Heat
Motor Expenses
Preacher's fee
Printing postage and stationery
Building Works
Loan Interest Payable
Repairs and Maintenance
Telephone
Use of home as office
Donations
Net incoming resources
Surplus funds brought forward
**Total funds carried forward**|**2024**
**2024**
**2023**
**£**
**£**
**£**
61,454
-
11,535
72,989
202
219
117
130
-
1,926
13,450
2,838
3,879
9,128
1,178
1,494
-
180
-
-
2,101
1,451
500
2,166
40
-
-
-
-
-
7,490
766
-
-
-
1,555
29,942
136,762
(58,898)
14,090
15,578
**29,668**
**YE 31st August**
**YE 31**|**2023**
**£**
111,960
3,111
7,836
122,907
(158,615)
(35,708)
51,286
15,578
**August**| |---|---|---| Page 4 ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **BALANCE SHEET** ## **AS AT 31st AUGUST 2024** |**FIXED ASSETS**
Notes
Tangible Assets
2
**CURRENT ASSETS**
Cash at bank and in hand
**NET CURRENT ASSETS**
**NET ASSETS**
**FUNDS:**
Unrestricted funds
**TOTAL FUNDS**|**2024**
**2024**
**2023**
**2023**
**£**
**£**
**£**
**£**
16,568
4,443
13,100
11,135
13,100
11,135
29,668
15,578
**29,668**
**15,578**
29,668
15,578
**29,668**
15,578
**YE 31st August**
**YE 31st August**| |---|---| The directors are satisfied that for the period in question the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and no member have required the company to obtain an audit of its accounts for the period in question with section 476 of the Act. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. ## **ON BEHALF OF THE BOARD:** ……………………………………. Mrs S Gunesssing (Trustee and director) Date: 31/05/2025 The notes form part of these financial statements Page 5 ## **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st AUGUST 2024** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** 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 2015)' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Advantage has been taken of Section 396(5) of the Companies Act 2006 to allow the format of the financial statements to be adapted to reflect the special nature of the charity's operation and in order to comply with the requirements of the SORP. ## **Accounting Convention** The financial statements are prepared under the going concern basis under the historical cost convention. The charity is entirely dependent on continuing aid and as a consequence the going concern basis is also dependent on continuing aid. ## **Tangible fixed assets** Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures, fittings, tools and equipment 20% per annum on a straight line basis ## **Incoming resources** Voluntary income and donations are included in incoming resources when they are receivable by the company. Notes to the Financial Statements (continued) Page 6 ## **2. Tangible Asset** ## **Cost** At 1st September 2023 Additions At 31st August 2024 **Depreciation** At 1st September 2023 Charge for the year At 31st August 2024 **Net Book Value** At 31st August 2024 At 31st August 2023 ||**Fixtures,**|| |---|---|---| |**Gods Statues**|**fittings, tools**|**Total**| ||**& Equipment**|| ||**£**|| |4,443|9,631.91|14,075| |12,125|-|12,125| |16,568|9,631.91|26,200| |-
-|9,631.91
-|9,632
-| |-|9,631.91|9,632| |**16,568**|**-**|**16,568**| |**4,443**|**-**|**4,443**| Page 7 **BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS TO THE TRUSTEES OF BHAKT BHAKTI AUR BHAGWAN ASHRAM UK** ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to: - (i) examine the accounts under section 145 of the Charities Act, (ii) to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - (iii) to state whether particular matters have come to my attention ## **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 concerning any such matters. The procedures undertaken do not provide all the evidence that 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 examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: (i) the accounting records were not kept in accordance with section 130 of the Charities Act; or (ii) the accounts did not accord with the accounting records; or (iii) the accounts did 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. ## **VKM Accountants Ltd Date:31/05/2025 Chartered Certified Accountants 25 Balham High Road London SW12 9AL**