PRABASHI CHARITY NUMBER - 1148232
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026
M N Accountancy & Co Chartered Certified Accountants 351A Green Street London E13 9AR
PRABASHI
YEAR ENDED 31 MARCH 2026
| Contents: | |
|---|---|
| Page no | |
| Report of the trustees | 1 to 3 |
| Report of the Independent Examiner | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the financial statements | 7 to 8 |
PRABASHI YEAR ENDED 31 MARCH 2026
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 2026
The Trustees present their report and the financial statements for the year ended 31 March 2026.
Objectives, Structure, governance and management
‑ The charity’s purpose is to advance public education in the various art forms of the Indian sub continent, in any manner that is considered charitable under the laws of England and Wales. This includes, but is not limited to, organising workshops, seminars, community programmes, cultural events, and other activities that promote awareness, appreciation, and participation in these art forms.
All trustees of Prabashi have been elected based on their personal willingness to serve and contribute to the organisation. They act entirely as unpaid volunteers, dedicating their time and expertise for the benefit of the community. Trustees attend regular meetings to review their roles and responsibilities, discuss governance matters, and ensure that the charity continues to operate effectively and in accordance with its objectives.
The charity is structured with a committee (Board of Trustees) elected by its members to oversee all organisational activities. From within this committee, one trustee is nominated to serve as the Chairperson, responsible for monitoring and guiding the day ‑ to ‑ day operations of the charity. This governance structure ensures accountability, transparency, and smooth running of all charitable initiatives.
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 receive donations from both members of the public and its own members. There has been consistent commitment and generosity from users and supporters, enabling the charity to carry out its activities effectively and to further its objectives.
During the financial year 2025–26, Prabashi successfully extended its activities into the fourteenth consecutive year. The organisation once again hosted the grand Indian festival, Durga Puja, which remained as popular as ever. The event attracted more than ten thousand devotees from across the United Kingdom, reflecting the charity’s growing reach and cultural impact.
Throughout the festival period, Prabashi organised a wide range of activities. Daily prayers were conducted multiple times, allowing attendees to participate and gain a deeper understanding of the rituals and traditions associated with Durga Puja. In the evenings, various cultural performances were presented by both children and adults, showcasing talent from within the community and promoting cultural education.
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PRABASHI
Trustees' Report - continue YEAR ENDED 31 MARCH 2026
As part of the charity’s commitment to community service, free lunch and dinner were provided to all families attending the programmes. Additionally, over 500 copies of the annual souvenir magazine—featuring articles and creative contributions from members’ families—were printed and distributed to guests.
These activities highlight Prabashi’s ongoing dedication to promoting cultural heritage, fostering community engagement, and supporting charitable initiatives year after year.
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 2026.
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PRABASHI YEAR ENDED 31 MARCH 2026
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 29 June 2026.
Signed .....................................................on their behalf
Santunu Podder Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
PRABASHI
YEAR ENDED 31 MARCH 2026
We have examined the accounts and financial statements set out on pages 4 to 7, which have been prepared in accordance with the accounting policies detailed on page 6.
Respective Responsibilities of the Trustees
The trustees of the charity, who also serve as the directors of the company, are responsible for the preparation of the accounts. The trustees have determined that an audit is not required for this financial year under section 144 of the Charities Act 2011 (the Charities Act), and that an independent examination is appropriate.
Our responsibility is to:
▪ examine the accounts in accordance with section 145 of the Charities Act,
▪ follow the procedures set out in the general Directions issued by the Charity Commission under section 145(5)(b) of the Charities Act, and
▪ report on any matters that come to our attention during the course of the examination.
Basis of independent examiner’s report
Our examination has been conducted in accordance with the general Directions issued by the Charity Commission. An independent examination involves a review of the accounting records maintained by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures within the accounts and seeking explanations from the trustees regarding such matters.
The procedures undertaken in an independent examination are more limited than those required for an audit. As a result, we do not obtain all the evidence that would be necessary to provide an audit opinion. Consequently, we do not express an opinion on whether the accounts give a “true and fair view”. Our report is restricted to the matters set out in the statement below.
Independent examiner’s statement
In connection with our examination, no material matters have come to our attention that give us cause to believe that, in any material respect:
▪ the accounting records have not been kept in accordance with section 130 of the Charities Act; or
▪ the accounts presented do not agree with the accounting records.
Furthermore, we have found no other matters relating to the examination that should be brought to the attention of the trustees or the public to ensure a proper understanding of the accounts.
Md Nur Hossain FCCA M N Accountancy & Co Chartered Certified Accountants 351A Green Street London, E13 9AR 29 June 2026
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PRABASHI CHARITY NUMBER - 1148232 STATEMENTS OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2026 (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 2025 Funds as at 31 March 2026 |
2026 £ 57,751 57,751 995 - 20,415 1,204 3,360 23,049 1,939 2,197 290 4 960 310 86 - 54,809 2,942 44,366 47,308 |
2025 £ 58,586 |
|---|---|---|
| 58,586 | ||
| 137 750 24,693 720 2,950 5,240 2,246 259 290 192 960 355 25 - |
||
| 38,817 | ||
| 19,769 24,597 |
||
| 44,366 |
The notes on page 7 to 8 form part of these accounts. Page - 5
PRABASHI
BALANCE SHEET AS AT 31 MARCH 2026
| Notes Fixed Assets: Fixture, fittings & equipments 4 Current Assets: Debtors 5 Cash at Bank and in hand Creditors: Amount falling due within one year 6 Net Current Asstes Net Assets Funds Unrestricted funds Restricted Funds Total Funds |
2026 £ 2,534 2,534 1,600 44,254 45,854 1,080 44,774 47,308 47,308 - 47,308 |
2025 £ 2,031 |
|---|---|---|
| 2,031 - 43,055 |
||
| 43,055 720 |
||
| 42,335 | ||
| 44,366 | ||
| 44,366 - |
||
| 44,366 |
Approved by the Board of Trustees on 29 June 2026 signed on it's behalf by
Santunu Podder Trustee
The notes on page 7 to 8 form part of these accounts. Page - 6
PRABASHI
Notes to the financial statements for the year ended 31 March 2026
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 7 to 8 form part of these accounts.
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PRABASHI
Notes to the financial statements for the year ended 31 March 2026
| 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 2025 Additions Disposals At 31 March 2026 Depreciation At 1 April 2025 Charge for the year Disposals At 31 March 2026 Net Book Value At 31 March 2026 At 31 March 2025 5. Debtors Sponsorship 6. Creditors Independent Examiner's fee Other creditors |
2026 £ 50,341 5,850 1,560 - - 57,751 2026 £ 1,600 1,600 2026 £ 1,080 - 1,080 |
2025 £ 37,155 1,000 3,036 17,395 - - |
|---|---|---|
| 58,586 | ||
| Fixture, fittings & equipments £ 8,984 2,442 - |
||
| 11,426 | ||
| 6,953 1,939 - |
||
| 8,892 | ||
| 2,534 | ||
| 2,031 | ||
| 2025 £ - |
||
| - | ||
| 2025 £ 720 - |
||
| 720 |
7. Trustees' Remuneration:
None of the trustees were remunerated.
The notes on page 7 to 8 form part of these accounts. Page - 8