PRABASHI CHARITY NUMBER - 1148232
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
M N Accountancy & Co Chartered Certified Accountants 351A Green Street London E13 9AR
PRABASHI
YEAR ENDED 31 MARCH 2025
| Contents: | |
|---|---|
| Page no | |
| Report of the trustees | 1 to 2 |
| Report of the Independent Examiner | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the financial statements | 6 to 7 |
PRABASHI YEAR ENDED 31 MARCH 2025
Charity Information
Moloy Ghatak Trustee Santunu Podder Trustee Chetan Kashyap Trustee Debabrata Das Trustee Shankar Chaudhury Trustee
Trustees Moloy Ghatak Santunu Podder Chetan Kashyap Debabrata Das Shankar Chaudhury Charity number 1191544 Principal Office Prabashi 116 Central Avenue Hounslow TW3 2RJ Independent Examiner M N Accountancy & Co Chartered Certified Accountants 351A Green Street London E13 9AR Bank Metro Bank
PRABASHI Trustees' Report YEAR ENDED 31 MARCH 2025
The Trustees present their report and the financial statements for the year ended 31 March 2025
Objectives, Structure, governance and management
To advance the education of the public in the various art forms of the Indian sub-continent in any way deemed charitable with the law of England and Wales and particularly but not exclusively by organising workshops, seminars, community events and cultural events
All the trustees of Prabashi were elected as per their personal choice. The trustees are all unpaid volunteers. Trustees attend regular meetings in order to review roles, responsibilities and discuss governance issues
The charity is organised with a committee (Board of Trustees) elected by the members to oversee the overall activities and one of the committee member is nominated as chairperson, to monitor the day to day running of the charity.
Trustees and/or principal officers:
The following officers of the charity have held office for the whole of the year.
| Moloy Ghatak | Trustee |
|---|---|
| Santunu Podder | Trustee |
| Chetan Kashyap | Trustee |
| Debabrata Das | Trustee |
| Shankar Chaudhury | Trustee |
The trustees are eligible, in committee, to appoint additional trustees under the terms of the constitution.
Activities and Achievements:
During the year the charity continued to collect donations from the members of public as well as its members. There are continuous commitment from the users and members to support the charity's activities.
During the year 2024-25, Prabashi extended their activities for the Thirteenth year running. During this time the grand Indian festival, Durga Puja was organised yet again and proved to be as popular as the previous year attracting more than Ten thousand devotees from across the UK. During this time there were several activities organised by Prabashi. There were prayers conducted several times of the day where the public could take part and learn more about the specific rituals. In the evening there were various cultural activities performed by children and adults. Free lunch and dinner was provide to all the family who were attending the programmes. Over 400 copies of our souvenir, containing various articles contributed by the families of the member, were printed and distributed to our guests.
Review of Transactions and Financial Position:
Please refer to the annexed accounts for the details of the financial statements for the year ended 31 March 2025.
Page-1
PRABASHI YEAR ENDED 31 MARCH 2025
Statement of Trustees' Responsibilities.
Under the Charities Act 2011 , the trustees are required to prepare a statements of accounts for each financial year which gives a true and fair view of the state of affairs of the charity at the end of the financial year and of the incoming recourses in the year. In preparing the statement, the trustees are required to:
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select suitable accounting policies and apply them consistently,
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make judgements and estimates that are reasonable and prudent,
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state whether applicable accounting standards and statements
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recommended practice have been followed, subject to any material departures disclosed and explained in the statements of accounts.
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prepare the financial statements on the going concern basis unless
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it is inappropriate to presume that the charity will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity at that time and to enable the trustees to ensure that any statement of account prepared by them complies with the regulations under the Charities Act 2011. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
Approved by the Trustees on 8 January 2026.
Signed .....................................................on their behalf
Santunu Podder Trustee
Page-2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
PRABASHI
YEAR ENDED 31 MARCH 2025
We have examined the accounts and statements on pages 4 to 7, which have been prepared on the basis of accounting policies set out on page 6.
Respective responsibilities of directors
The charity's trustees also the directors of the company are responsible for the preparation of the accounts.The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
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examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s report
Our 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 our examination, no material matters have come to our attention which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Charities Act or - the accounts do not accord with the accounting records we have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Md Nur Hossain FCCA M N Accountancy & Co Chartered Certified Accountants 351A Green Street London, E13 9AR 8 January 2026
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PRABASHI CHARITY NUMBER - 1148232 STATEMENTS OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025 (All income and expenses are unrestricted)
| Notes INCOMING RESOURCES Donations and legacies 3 RESOURCES EXPENDED Repair & Maintenance Cleaning Charitable events Logistic Expense Storage expenses Venue hire Depreciation Advertisements Insurance Printing,postage & stationery Accountancy fees Legal & professional Bank Charge Office expenses NET INCOME /DEFICIT FOR THE YEAR Funds as at 31 March 2024 Funds as at 31 March 2025 |
2025 2024 £ £ 58,586 39,142 58,586 39,142 137 708 750 770 24,693 9,796 720 - 2,950 2,119 5,240 10,363 2,246 2,246 259 1,096 290 342 192 130 960 600 355 - 25 - - 302 38,817 28,472 19,769 10,670 24,597 13,927 44,366 24,597 |
|---|---|
The notes on page 6 to 7 form part of these accounts. Page - 4
PRABASHI
BALANCE SHEET AS AT 31 MARCH 2025
| Notes Fixed Assets: Fixture, fittings & equipments 4 Current Assets: Cash at Bank and in hand Creditors: Amount falling due within one year 5 Net Current Asstes Net Assets Funds Unrestricted funds Restricted Funds Total Funds |
2025 £ 2,031 2,031 43,055 43,055 720 42,335 44,366 44,366 - 44,366 |
2024 £ 4,277 |
|---|---|---|
| 4,277 21,520 |
||
| 21,520 1,200 |
||
| 20,320 | ||
| 24,597 | ||
| 24,597 - |
||
| 24,597 |
Approved by the Board of Trustees on 8 January 2026 signed on it's behalf by
Santunu Podder Trustee
The notes on page 6 to 7 form part of these accounts. Page - 5
PRABASHI
Notes to the financial statements
for the year ended 31 March 2025
1.1 Basis of preparation of accounts:
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Charities Act 2011.
1.2 Recognition of income :
These are included in the Statement of Financial Activities (SoFA) when:
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the charity becomes entitled to the resources;
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it is more likely than not that the trustees will receive the resources; and
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the monetary value can be measured with sufficient reliability.
1.3 Offsetting:
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP.
1.4 Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
2.1 Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
2.2 Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
The notes on page 6 to 7 form part of these accounts.
Page - 6
PRABASHI
Notes to the financial statements for the year ended 31 March 2025
| 3.Donations and legacies: Donations and gifts Sponsorship Membership subscriptions Gift aid relief Donated goods, facilities and services Others 4. Fixed Assets Cost At 1 April 2024 Additions Disposals At 31 March 2025 Depreciation At 1 April 2024 Charge for the year Disposals At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024 5. Creditors: Independent Examiner's fee Other creditors |
2025 £ 37,155 1,000 3,036 17,395 - - 58,586 2025 £ 720 - 720 |
2024 £ 31,136 4,652 3,354 - - - |
|---|---|---|
| 39,142 | ||
| Fixture, fittings & equipments £ 8,984 - - |
||
| 8,984 | ||
| 4,707 2,246 - |
||
| 6,953 | ||
| 2,031 | ||
| 4,277 | ||
| 2024 £ 1,200 - |
||
| 1,200 |
6. Trustees' Remuneration:
None of the trustees were remunerated.
The notes on page 6 to 7 form part of these accounts.
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