## **TRUSTEES’ ANNUAL REPORT**
**For the year ended 29 March 2025**
**Liverpool Ganesh Trust Ltd Charity Registration Number:** 1147647 **Company Registration Number:** 07523556
## **1. Reference and Administrative Details**
Liverpool Ganesh Trust Ltd is a company limited by guarantee, incorporated in England and Wales. The company is registered under company number 07523556 and is also registered as a charity under charity number 1147647.
The trustees/directors who held office during the financial year were:
- Mrs Vijayarani Sureshkumar
- Mr Murali Thangaraj
- Mr Sureshkumar Thangaraj
The financial statements for the year ended 29 March 2025 were prepared by Islam & Co, Chartered Accountants & Business Advisors, 85–87 Vauxhall Road, Liverpool, Merseyside, L3 6BN.
## **2. Structure, Governance and Management**
Liverpool Ganesh Trust Ltd is a company limited by guarantee and has no share capital. Each member undertakes to contribute to the assets of the company in the event of winding up, subject to a maximum liability of £1.
The organisation is managed by its directors/trustees, who are responsible for the overall governance, financial management and stewardship of the charity.
The trustees are responsible for ensuring that appropriate accounting records are maintained, that the charity's assets are safeguarded and that appropriate measures are taken to prevent and detect fraud and other irregularities.
## **3. Objectives and Activities**
The Trust operates for charitable purposes associated with the activities of Liverpool Ganesh Temple and the service of the Hindu community and wider community.
Its activities include supporting religious and spiritual activities, facilitating worship and religious observance, supporting the continuation of Hindu traditions and culture, and providing a place where members of the community can participate in religious and cultural activities.
The Trust seeks to maintain and develop its activities for the benefit of the community while ensuring that its resources are managed responsibly.
## **4. Activities and Achievements During the Year**
During the reporting period, the Trust continued to support the activities of Liverpool Ganesh Temple and the religious and community activities associated with the organisation.
The Trust's activities were supported principally through donations received during the year. Donations amounted to **£97,948** for the year ended 29 March 2025.
The trustees continued to oversee the operation and financial management of the organisation and to ensure that available resources were used to support its activities.
The financial statements show that the Trust moved from a deficit in the previous year to a surplus for the year ended 29 March 2025.
## **5. Public Benefit**
The trustees have considered the Charity Commission's public benefit principles in planning and carrying out the Trust's activities.
The Trust's religious and community activities provide opportunities for members of the Hindu community and others to participate in worship, religious observance and associated cultural activities.
The trustees consider that the activities undertaken during the year were consistent with the charitable purposes of the organisation and provided benefit to the community.
## **6. Financial Review**
The Trust's financial performance for the year ended 29 March 2025 was as follows:
|**Financial item**|**2024/25**|
|---|---|
|Donations received / turnover|£97,948|
|Cost of sales|£38,115|
|Gross surplus|£59,833|
|Administrative expenses|£39,481|
## **Surplus for the financial year £20,352**
The previous year's accounts recorded a deficit of £39,960. The trustees are pleased that the organisation achieved a surplus of £20,352 during 2024/25.
At 29 March 2025, the Trust had:
- Cash at bank and in hand: **£33,989**
- Creditors falling due within one year: **£15,688**
- Net current assets: **£18,301**
- Net assets: **£18,301**
The financial statements confirm that the company's accounts were prepared under the small companies regime and that the company was exempt from audit under section 477 of the Companies Act 2006.
## **7. Expenditure**
The Trust's principal administrative expenditure during the year included:
- Wages and salaries: **£19,550**
- Travel expenses: **£4,447**
- Light and heat: **£2,525**
- Repairs and maintenance: **£2,386**
- Cleaning: **£1,571**
- Vehicle running costs: **£3,502**
- Insurance: **£1,137**
- Telecommunications and data costs: **£783**
- Accountancy fees: **£1,000**
- Legal fees: **£2,297**
- Bank charges: **£15**
- Credit card charges: **£268**
Total administrative expenses were **£39,481**
## **8. Reserves**
At 29 March 2025, the Trust had net assets of **£18,301** , compared with net liabilities of £2,051 at the previous year end.
The trustees recognise the importance of maintaining sufficient funds to meet the organisation's ongoing commitments and to enable its charitable activities to continue.
The accounts show creditors falling due within one year of **£15,688** at the year end.
The trustees will continue to monitor the financial position of the organisation and manage expenditure and available funds prudently.
## **9. Principal Risks and Uncertainties**
The trustees recognise that the Trust must carefully manage its financial and operational responsibilities.
Key areas requiring ongoing monitoring include:
- Maintaining sufficient income from donations to support the Trust's activities;
- Managing expenditure and financial commitments responsibly;
- Maintaining appropriate financial and accounting records;
- Safeguarding the Trust's assets;
- Ensuring compliance with applicable legal and regulatory requirements; and
- Maintaining appropriate governance and oversight of the organisation's activities.
The trustees regularly consider the financial position of the organisation and take appropriate steps to manage its resources responsibly.
## **10. Financial Management and Internal Controls**
The trustees are responsible for maintaining proper accounting records and for ensuring that the organisation's financial position can be accurately established.
The trustees are also responsible for safeguarding the assets of the Trust and taking reasonable steps to prevent and detect fraud and other irregularities.
The financial statements for the year were compiled from the accounting records and information provided to the accountants. The accountants confirmed that they were not instructed to carry out an audit and therefore did not express an audit opinion on the financial statements.
## **11. Trustees’ Responsibilities**
The trustees/directors are responsible for preparing the Trustees' Annual Report and financial statements in accordance with applicable law and regulations.
The trustees are responsible for:
- Keeping adequate accounting records;
- Preparing financial statements that give a true and fair view of the organisation's financial position;
- Selecting appropriate accounting policies and applying them consistently;
- Making reasonable and prudent accounting judgements and estimates;
- Preparing the accounts on a going-concern basis where appropriate;
- Safeguarding the organisation's assets; and
- Taking reasonable steps to prevent and detect fraud and other irregularities.
## **12. Statement of Going Concern**
The financial statements have been prepared on the basis that the organisation will continue to operate.
The trustees will continue to monitor income, expenditure, cash balances and liabilities to ensure that the Trust can meet its obligations and continue its charitable activities.
## **13. Conclusion**
The trustees consider that Liverpool Ganesh Trust Ltd continued to carry out its charitable activities during the year ended 29 March 2025 and that the organisation's financial position improved significantly compared with the previous year.
The Trust received **£97,948 in donations** and generated a **surplus of £20,352** during the year. At the year end, the Trust had **net assets of £18,301** .
The trustees remain committed to maintaining responsible governance and financial management while continuing to support the religious, cultural and community activities of Liverpool Ganesh Trust.
## **14. Approval**
This Trustees’ Annual Report was approved by the trustees/directors of Liverpool Ganesh Trust Ltd and signed on their behalf.
**Name:** Mr Suresh Kumar Thangaraj
**Position:** Trustee / Director
**Date:24/08/26**
**Source of financial information:** Liverpool Ganesh Trust Ltd, Directors' Report and Unaudited Financial Statements for the year ended 29 March 2025. The accounts identify the company as limited by guarantee and record the financial figures used in this report.
Registered number: 07523556
**LIVERPOOL GANESH TRUST LTD DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2025**
Islam & Co
## **Liverpool Ganesh Trust Ltd Contents**
||**Page**|
|---|---|
|Company Information|1|
|Directors' Report|2|
|Accountants' Report|3|
|Income and Expenditure Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|8|
**Liverpool Ganesh Trust Ltd Company Information For The Year Ended 29 March 2025**
|**Directors**|Mrs Vijayarani Sureshkumar|
|---|---|
||Mr Murali Thangaraj|
||Mr Sureshkumar Thangaraj|
|**Company Number**|07523556|
|**Accountants**|Islam & Co|
||Chartered Accountants & Business Advisors|
||85-87 Vauxhall Road|
||Liverpool|
||Merseyside|
||L3 6BN|
Page 1
## **Liverpool Ganesh Trust Ltd Company No. 07523556 Directors' Report For The Year Ended 29 March 2025**
The directors present their report and the financial statements for the year ended 29 March 2025.
## **Directors**
The directors who held office during the year were as follows:
Mrs Vijayarani Sureshkumar
Mr Murali Thangaraj
Mr Sureshkumar Thangaraj
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors 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.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
By order of the board
Date
Page 2
## **Liverpool Ganesh Trust Ltd Accountants' Report For The Year Ended 29 March 2025**
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 29 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Date
Islam & Co Chartered Accountants & Business Advisors 85-87 Vauxhall Road Liverpool Merseyside L3 6BN
Page 3
## **Liverpool Ganesh Trust Ltd Income and Expenditure Account For The Year Ended 29 March 2025**
|**Notes**
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Administrative expenses
**OPERATING SURPLUS/(DEFICIT) AND**
**SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR**|**2025**
**£**
97,948
(38,115)
59,833
(39,481)
20,352|**2024**
**£**
102,440
(52,977)|
|---|---|---|
|||49,463
(89,423)|
|||(39,960)|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
## **Liverpool Ganesh Trust Ltd Balance Sheet As At 29 March 2025**
|**Notes**
**FIXED ASSETS**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**5**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS/(LIABILITIES)**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2025**
**£**
**£**
33,989
33,989
(15,688)
18,301
18,301
18,301
18,301
18,301|**2025**
**£**
**£**
33,989
33,989
(15,688)
18,301
18,301
18,301
18,301
18,301|**2024**
**£**
**£**
12,637
12,637
(14,688)
(2,051)
(2,051)
(2,051)
(2,051)
(2,051)|**2024**
**£**
**£**
12,637
12,637
(14,688)
(2,051)
(2,051)
(2,051)
(2,051)
(2,051)|
|---|---|---|---|---|
|||18,301||(2,051)|
||33,989
(15,688)||12,637
(14,688)||
||||||
|||18,301||(2,051)|
|||18,301||(2,051)|
|||18,301||(2,051)|
|||18,301||(2,051)|
For the year ending 29 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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
## Date
The notes on pages 6 to 7 form part of these financial statements.
Page 5
## **Liverpool Ganesh Trust Ltd Notes to the Financial Statements For The Year Ended 29 March 2025**
## 1. **General Information**
Liverpool Ganesh Trust Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 07523556. The registered office is .
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
## 2.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 2.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
## 3. **Average Number of Employees**
Average number of employees, including directors, during the year was: (2024: )
## 4. **Tangible Assets**
|**Cost**
As at 30 March 2024
As at 29 March 2025
**Depreciation**
As at 30 March 2024
As at 29 March 2025
**Net Book Value**
As at 29 March 2025
As at 30 March 2024|**Fixtures &**
**Fittings**
**£**
741|
|---|---|
||741|
||741|
||741|
||-|
||-|
Page 6
## **Liverpool Ganesh Trust Ltd Notes to the Financial Statements (continued) For The Year Ended 29 March 2025**
## 5. **Creditors: Amounts Falling Due Within One Year**
|.
**Creditors: Amounts Falling Due Within One Year**|||
|---|---|---|
|Trade creditors
Other creditors|**2025**
**£**
12,991
2,697
15,688|**2024**
**£**
12,991
1,697|
|||14,688|
## 6. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 7
## **Liverpool Ganesh Trust Ltd Detailed Income and Expenditure Account For The Year Ended 29 March 2025**
|**TURNOVER**
Donations Received
**COST OF SALES**
Purchases
**GROSS SURPLUS**
**Administrative Expenses**
Wages and salaries
Travel expenses
Light and heat
Repairs and maintenance
Cleaning
Vehicle running costs
Insurance
Telecommunications and data costs
Accountancy fees
Legal fees
Bank charges
Credit card charges
Sundry expenses
**OPERATING SURPLUS/(DEFICIT) AND**
**SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR**|**2025**
**£**
**£**
97,948
38,115
(38,115)
59,833
19,550
4,447
2,525
2,386
1,571
3,502
1,137
783
1,000
2,297
15
268
-
(39,481)
20,352|**2025**
**£**
**£**
97,948
38,115
(38,115)
59,833
19,550
4,447
2,525
2,386
1,571
3,502
1,137
783
1,000
2,297
15
268
-
(39,481)
20,352|**2024**
**£**
**£**
102,440
52,977
(52,977)
49,463
67,852
5,073
3,950
654
1,356
5,151
2,683
1,009
1,000
366
-
328
1
(89,423)
(39,960)|**2024**
**£**
**£**
102,440
52,977
(52,977)
49,463
67,852
5,073
3,950
654
1,356
5,151
2,683
1,009
1,000
366
-
328
1
(89,423)
(39,960)|
|---|---|---|---|---|
||19,550
4,447
2,525
2,386
1,571
3,502
1,137
783
1,000
2,297
15
268
-||67,852
5,073
3,950
654
1,356
5,151
2,683
1,009
1,000
366
-
328
1||
|||59,833
(39,481)||49,463
(89,423)|
||||||
|||20,352||(39,960)|
Page 8
(HARITY (OMMISSION
FOR ENGLAND ANO WALES
Independent examiner's report on the
accounts
Section A
Independent Examinels Report
Report to the trustees
Liverpool Ganesh Trust Ltd
On accounts for the year
ended
28 February 2025
Charity no
lif any)
1147647
Set out on pages
I report lo the Iruslees on my examination of the accounts of the above
charity I the Trust I for the year ended 28 February 2025
Responslbilities and
basis of report
A5 the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
I'the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the Act.
Independent The charity's gross income Is less than £250,000 and l am qualified lo
examiner's statement undertake the examination by being a qualified member of Institute of
Charted Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have
come lo my attention in connection with the examination lolher than that
disclosed below "I which gives me cause to believe that in, any material
respect..
the accounting records were not kept in accordance with section 130
of the Charities Act, or
the accounts did not accord with the accounting records., or
the accounts did not comply with the applicable requirements
¢oncerning the form and content of accounts sel 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 lo which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Signed:
Datè..
2810212025
Name:
Mohammed Tawhidul Islam
Relevant professional
qualificationlsl or body
{if any):
Fellow of Institute of Charted Accountants in England and Wales IICAEW)
IER
Oct 2018
Address-.
85-87 Vauxhall Road
Liverpool
L3 6BN
Section B
Disclosure
Only complete If the examiner neeos lo hignlighl material mailers ol COnrn
{see CC32, Independent examination of charity accounts.. directions and
guidance for examiners).
Give here brief detalls of
any items that the
examiner wishes to
disclose.
IER
Oct 2018