REGISTERED CHARrrY NUMBER: 1147770 Report of the TTVStees 8Dd Unadit¢d Financial Statements for the Year EDded 30 Septsmber 2025 for PARMARTH SADHNA CHARITABLE TRUST UK Khanna & Co. Limited Chartered Accountants 6 Vicarage Road Edgbaston Birniingham B15 3ES
PARMARTH SADHNA CHARITABLE TRUST UK CoDtents of the Financial Statements for the Year Ended 30 SeptsmbeT 2025 Page Report of the Trustees Indtpendertt Examiner's Report St#temtnt of n#ti*l Aetivltles Balanee Sbeet Notes to the FinAntial Statements 6 to 10
PARMARTH SADHNA CHARITABLE TRUST UK Rew)rt of the Trustees for the Year Ended 30 September 2025 The trustees present their report with the fmancial stat¢ment5 of the charity for th¢ y¢ar ended 30 Septembff 2025. The tNslees hav¢ adopt the provisiojjs of Accounting and Reporting by Charities". Statement of Recommended Practice applicable to clwilies pr¢paring th¢ir acoount5 ill arcordallce with the Fillaticial Reporting Standard applhcable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJECTIVES AND ACTIVITIES Objectives and •1rns The aim5 and objective5 of the charity are '. - To advan¢¢ the Sikh religion for ihe benefit of the public. - To advance education, including education in the Sikh religion, and other subje¢ts. for the benefit of the publi¢,' and To provide or assisi in the provision of facilities in the interest5 of social welfare for recreallon or other leisure time occvpation of individuals who have need of such facilities by reason of their youth, age infirn)ity or disability, financial Iwdship or social circumst&nces with th¢ object of improving their condilions of lif¢. ACHIEVEMENTS AND PERFORMANCE Charithble af tiviti¢5 We are pleased to report thai the tharity did hold r¢ligious and Educational program¢5 and events for the public which were well attended. There was an increase in the number of events held durittg the year when compared to the year before. By holding these progrdrnmes and events, we have been able to advance the underslanding of the sikh religion for the benefit of the public and involve the wider community. The freehold property which is owned by the charity has been used io provide facilities for the public and therefore enabled us to m¢¢t the Charity's ain and obje¢tives. No rnateriaj fundrdisiyjg a¢ttvities w¢re ¢arried out by the charity in the period and there was no materia] expendiffte related io current income generation. We do not anticipate any material expenditure in respect of in¢ome generation for th¢ coming y¢ar. We confirni that we have considered the latest guidance on public benefit reporting as 5pecifi¢d by the Charity Commission. FINANCIAL REVIEW Reserves policy The trusttts aim to maintain free reserves in unrestricted funds at a level which equates co a minimum of unrestricted charitable expenditure anticipat¢d in the following twelve months. The trustees consider that this policy will ensure sutricient funds available to coyer support and goYeman¢e costs. The actual level of fr¢e reserves as at 30 September 2025 were £487,90612024 . £467,819) which we consider to be adequate. STRucfuRE. GOVERNANCE AI¥D MANAGEMENT Govtrning document The chariry is controlled by its governing docwnent dated 20 May 2012. a deed of trust and ¢onstitul¢s an unincorporated ¢harity. The ¢iwity was ¢nl¢red on the Register of Charities with the Charity Commission on 20 June 2012. Retruitment appointrnent of trustees The trust document requires that there be a minimum of two trustees. In 5¢1¢cting individua15 for appoinlment as trustees, the tNstees must hav¢ regard to the skills, knowledge aJLd experience needed for the effective administrdtloll of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Ch4rity J)umb¢r 1147770 Page I
PARMARTH SADHNA CHARITABLE TRUST UK Report ofthe Trvsteej for the Year Ended 30 Septernl>er 2025 Prlnelpal address 15 Steward Street Birming11 W¢51 Midlands B18 7AF Trustees O P Sohal Gssoul Independent ExaJTriner Atul Khatmi FCA Khanna & Co. Limit¢d Chartered Accountants 6 Vicarage Road Edgbaston Birniingham B153ES Approved by order of the board of trustees OD 14 July 2026 and sAgned on its behatf by.. PJw(AL4 O P Sohal- Trttee Pag¢ 2
Independent Examiner's Rert to the Trustees of PzrJD8rth S4dbna Cbaritabl¢ Tryst UK Independent examlner's report to the trusttts ofparmartb Sadhna Charitabk Trust UK I report to the charity trust¢es on my exaTnination of the accounts of P8rniarth Sadhna Cljaritable Trust UK (the Tn) for the year ended 30 September 2025. Responsibilities and basi5 of report As the charity tnL8tees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 Cthe Act). I report in respect of my examination of the Tn(,5 accounts canied out under Section 145 of the Acl and in canying out my examination I have followed all applicable Dir¢dion5 giv¢n by the Charity Commission under Section 145(5)(b) of the Acl. Independent examiner's statement I have compleled my exajnination. I cojffimi that no material matters have corne to my attention in connection with the examination giving tn¢ ¢ause to believe that in any mat¢rial respe¢¢'. accounting reeords were not kept in respect of the TNst as required by Section 130 of the Act; or the accounts do not accord wilh those records,. or the accounts do not comply with the applicable requirements cOncenng the forni and c4)ntenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give tme and fdir view which is not a Tnatt¢r consid¢r¢d as part of an ind¢pendenl examination. J have no ¢oncern$ and have come acrosg no oiher matters in connection with the ¢xamin*ion to which attejjtion should be draNTr in this report in order to enable a proper understonding of the a¢¢ounts to be re4¢h¢d. Atul Khann4 FCA Khanna & Co. Limited Chartered Aceountants 6 Vicarage Road Edgbaston Bimingham B153ES 14 July 2026 Page 3
PARMARTH SADHNA CHARITABLE TRiiST UK Statement of FiDan¢ial A¢tiYities for the Year Ended 30 September 2025 2025 Unrestricted rulld 2024 Totsl Notes INCOME AND ENDOWMEIYTS FROM Donation5 and legacies 42J74 42,756 Investment income 2,441 877 Totsl 4815 43,633 EXPENDITURE ON Charitable #etivitles Charitable activii?es 24,728 29,455 NET INCOME 211,087 14.178 RECONCILIATION OF FUNDS Total fullds brought forward 467019 453,641 TOTAL FUNDS CARIUED FORWARD 487,906 467,819 The not¢$ forni part of these financial statements Pag¢ 4
PARMARTH SADHNA CHARITABLE TRUST UK Bal*me¢ Sheet 30 September 2025 2025 Unrestrieted fuDd 2024 Totsl funds Notes FIXED ASSETS Tangible a55ets 386J35 389,695 CURRENT ASSETS Cash at bank and in hand 102,882 79,322 CREDITORS Amounts falling due within one year (ijii) (1,198) NET CURRENT ASSETS IOlJ71 78,124 TOTAL ASSETS LESS CURRENT LIABILITIES 487,906 467,819 NET A&SETS 487906 467,819 FUNDS Unrestri¢ied fim¢ts io 4,906 467,819 TOTAL FUNDS 487,906 407,8I9 Th¢ financial staternents were approyed by the Board of TrSteeS aDd authorised for Ille on 14 Juty 2026 and were signed on its behalf by.. O P Sohal - Tn]stee The notes forn part of these fitmncial statements Page 5
PARMARTH SADHIYA CHARITABLE TRUST UK Notes to the Financial Statements ror the Year EDded 30 sePteber 2025 ACCOUNTING POLICIES Basis of preparing the financlal statements The financial ststements of the charity. which ts a public benefit entity under FRS 102. have b¢¢n prepared in a¢cordance with the Charities SORP (FRS 102) 'Ac¢ounling and Rep)rting by Clwities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK at]d Republie of Ireland IFRS 102) (effeetive l January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The fjnallcial statements have been prepattd uder the historical eost convention. Ineome All income is IOgn[sed in th¢ Stat¢m¢nt of Financial Activities once the charity has entitlement to the fids, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendiwre as soon &8 there is a legal or eonstruttive obligation committing the harity to that ¢xpenditur¢, il 1$ probabl¢ that a trdnSfrT of 001¢ benefits wi]1 be required in settlement and the amount of the obligation can be measured reliably. EXpendite is aCcted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Wher¢ costs cannot be directly attributed to particular h¢adin¥s th¢y hav¢ been allocated to actiYitie5 on a basis consistent with ihe use of resources. Tangible fixed assets Depreciation is provided at the followÈng amiual rates in order to wriie off each asset over its estimated use] life. Freehold property Fixlures and fittings 250/0 on reducing balance Taxalio The charity is exempt from tax on its charitable activttie5. Fund accountillg Unrestricted fLmds can be llsed in accordance with the chaTiiable objectives at the diwetion of the trustees. Restricted ndS can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when spe¢ified by th¢ donor or when funds are rnised foT parti¢ular restricted PUTP05es. Fwther explanation of the nature and purpose of each fimd is included in the notes to ihe financial statements. Volunteer help The value of any voluntary help received by the charAty is not included in the accounts. Page 6 ¢ontinued...
PARMARTH SADHNA CHARITABLE TRUST UK Notu to the Financial Statement5- Colltinued for th¢ Year Ended 30 Sept¢rnb¢r 2025 DONATIOLYS AND LEGACIES 2025 2024 Donation5 42J74 42,756 INVESTMENT INCOME 2025 2024 Deposit account interest 2,441 877 CHARITABLE ACTivrriES COSTS Direct Costs (see not¢ 5) Charitable activities 24,728 DIRECT COSTS OF CHARITABLE AcfiviTIES 2025 2024 Rates and water InsuraDce Light and heat Repairs Consumables Printing Depreciation 2,559 3341 4,082 5256 954 160 8,476 2,161 2,961 7,240 7,890 1,870 7.333 24,728 29.455 TRUSTEES. REMUNERATION AIYD BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 September 2025 nor for the year ¢nd¢d 30 SeptetDber 2024. Trustees, eiptnses There w¢re llo trustees, expejjses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024. Page 7 continued...
PARMARTH SADHNA CHARITABLE TRUST UK Tr4otes to the Flnanelxl Statements- contlnued for the Year Ended 30 Septetnber 2025 COLIIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Umystricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 42,756 Imvestm¢nt incom¢ 877 Total 43.633 EXPENDITURE ON Charitable activltie5 Charitable activities 29,455 NET INCOME 14.178 RECONCtLIATION OF FUNDS Total funds brought foThvard 453,641 TOT AL FUNDS CARRIED FORWARD 467.819 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Totsls COST At l October 2024 Additions 464,407 35,422 5,116 499J29 5,116 At 30 September 2025 464,407 40,538 504,945 DEPRECIATION At l Ociob¢r 2024 Charge foT year 76J47 6,788 33,787 1,688 110.134 8,476 At 30 September 2025 83,135 35,475 118,610 IYET BOOK VALUE At 30 Sept¢mber 2025 381272 386W5 At 30 Septernber 2024 388,060 1,635 389,695 tncluded in cost or valuation of land and buildings is frc¢hold land of £125.000 (2024 - £125,000) which is not depreciated. Page 8 COllliDued...
PARMARTH SADHNA CHARITABLE TRUST UK Note5 to the Financial Statements- continued foT the Year EDded 30 September 2025 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Accruals and deferred income 1,198 io. MOVEMENT IN FUNDS Net ovement An funds At 1.10.24 Ai 30.9.25 Unreslrict¢d funds General 467019 20,087 487,906 TOTAL FUP4DS 467,819 20,087 487,906 Net movement in funds, included in the above are as follows.. Incorning resources Resoue$ expended Movement in fi]nds UtrICted TndS General fLmd 41815 (24,728) 20,087 TOTAL FUNDS 44,815 (24,728) 20.087 Comparntlves for movement In funds Net movement in funds At 1.10.23 At 30.9.24 Unrestrieted funds Getternl fimd 453,641 14,178 467,819 TOTAL FUIYDS 453,641 14,178 467,819 Compardtive net movement in funds, included ID the ave are as lollows.. Incoming resources R¢sourc¢s expended Movement Unres¢ricted fund5 General fund 43,633 (29,455) 14,178 TOTAL FUNDS 43,633 (29,455) 14,178 Page 9 eontinu¢d...
PARMARTH SADHNA CHARITABLE TRUST UK Note5 to the FinAncial Ststements- contlnued for the Year EDded 30 September 2025 io. MOVEMENT IN FUNDS- continued A curr¢nl year 12 months and priory¢ar 12 mo]ths Combined position is &% follows: Net rnovernent in funds Ai 1.10.23 At 30.9.25 Unrestricted funds Get]eral fund 453.641 34,265 487,906 TOTAL Fuf4DS 453,641 34,265 487,906 A current year 12 months a]Trd prior year 12 months Combined nel niovement in funds, included in the abov¢ are as follow5: ]ncoming re5oi]rc¢5 Resources eXnd Movement ill fi]nds Unrestrieled funds General fund 88,448 (54,183) 34,265 TOTAL FUNDS 88,448 {54,183) 34265 ii. RELATED PARTY DISCLOSURES The charity received donation5 totalling £6,000 (2024: £6,000 ) from O & P Fashion FabTiCS Limited. Mr O P Sohal is a director of O & P Fashion Fabrics Limited. Page 10