Charlty Reglstratlon No. 1151010 Company Rogistration No. 08316368 (England and Wales) SHREE KSHATRIYAASSOCIATION OF UK (ACOMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 *AEGP3TV5• 0411212025 COMPANIES HOUSE A11 83
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs C Khatri (President) Mr K Motiram (Vice President) Mr D Khalri (Treasurer) Mrs H Khalri (VI Treasurer) Mr S Motiram {Secretary} Mr R P Khalri (Vice Secretary) Mrs K Khatri MrA Mohanlal Mr B Khatri Mr R Kabawala (Appointed 7 January 2025) (Appointed 7 January 2025) {Appoinled 7 January 2025) Charlty number 1151010 Company nurnbor 08316368 Principal address 2A Villiers Road Willesden London NW2 SPH Regl8tered offlco 2A Villiers Road Willesden London NW2 SPH Audltors MCT Partnership LLP Chartered Accountants Slatulory Audito 1 Warner House Harrovian Business Village Bessborough Road Harrow Middlesex HA1 3EX Bankers 8arclays Bank PLC 810 High Road North Finchley London N12 9QZ
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees. report Statement of Trustees, responsibilili8S Independent auditorfs report Statement of financial activities Balance sheet Notes to the financial statements 10.15
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Irustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the fi'nancial statements and comply with the charity's Memorandum and Articles of Association. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" Objectives and activities The charity's principal aims and activities during the year were to: -Promote the Hindu religion. -Advancement of the education concerning the religion and culture of the Kshatriya Association. -To relieve persons who are in conditions of need, hardship or distress in any part of the world. These aims were made po55ible by the income generated Irom donatlons and membershlp fees, The have been no changes in the charity's objectives during the year. The trustees have paid due regard to guidan issued by the Charity Commission in deciding whal aclivities the charity should undertake. Public benefit The principal activities of the charlty during the year continued to promote the Hindu religion through cultural and educational exchange. The trustees are aware of the Charity Commission guidance on public benefit reporting as sel out in Section 4 Charities Act 2011. The tfuslees believe that the charity achieves a public benefit by providin9 these services as detailed in the 'Objectives and activities, section of this report. Rlsk assessment The trustees regularly review the risks to which the charity is subject to on a rolling basis in order to protect the assets and property of the charity and ensure that they are used lo deliver ils objectives. Achievernents and perfomiance The trustees, as in previous years. continue to review the working practices of the charitable company. The principal objective of the Irustees remains to continue wilh their charitable and cultural objectives. We successfully hosted a Diwali celebration on 8th November 2024 at Ihe Kadwa Patidar Centre. The event was well attended and thoroughly enjoyed by our members. We also held a vibrant one-night Navratri lebratiOn along with our annual ChiSdren's Navralri event, encouraging participalion from a young age and helping them understand the cultural significance of the festival. In December, we hosted our Christmas party, which brought joy lo many children in the community. Our annual Maholsav took place al The Grove Theatre, where we lebrated the accomplishments and contributions of three oulstanding community members. The extensive programme was enjoyed by all who attended. The Committee continues to support and encourage all members who take part in other charitable activilies in raising funds for other projects. Financial review and reserves policy The charity's balance sheet has cash reserves of £177.407 (2024". £196,603), and net assets of £383,528 (2024: £409,766>. The trustees are confident Ihal the charity will continue to generate reserves in the future which will enable it lo further its aims and objectives.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Structure* governance and management The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association. The Executive Committee, which comprises of at least 10 trustees, who meet not less than 6 times per annum, administer the charity. The trustees, who are also the d1CtorS for the purpose of company law, and who served during the year were: Mrs C Khalri (President) Mr K Motiram {Vice President) Mr D Khatri (Treasurer) Mrs H Khatri (Vice Treasurer) Mr S Moliram (Secretary) Mr R P Khatri (Vice Secretary) Mrs K Khatri MrA Mohanlal Mr B Khatri Mr R Kabawala Mrs J H Tailor Mrs N 8 Damania Mrs K K Kapadia (Appointed 7 January 2025) (Appointed 7 January 2025) (Appointed 7 January 2025) (Resigned 7 January 2025) (Resigned 7 January 2025) (Resigned 7 January 2025) None of the Ifustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Under the Memorandum and Articles of Association the trustees have statutory powers of investment. Audltor The auditors. MCT Partnership LLP, are deemed to be reappointed under section 487(2) of the CompaniesAcl 2006. Dlsclosurè of infomlation to auditor Each of the trustees has confirmed that there 15 no information of which they are aware which is relevant lo the audit, but ofwhich the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and lo establish that the auditor are aware of such information. The Trustees, report was approved by the Board of Trustees. Khatrl (Treasurer) Trustee Dated.. 25 November 2025
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the dlredors of Shree Kshatriya Association of UK for the purpose of company law, are responsible for preparing the Trustees. Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state ol affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these accounts, the Iruslees are required to.. select suitable accounting policies and then apply them consislently- observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent. slate whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts., and prepare the accounts on the going concern basis unless it Is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible lor safeguarding the assets of Ihe charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SHREE KSHATRIYAASSOCIATION OF UK Opinion We have audited the financial statements of Shree Kshatriya Association of UK (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities. the balan sheet and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard 8pplicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the state of Ihe charitable company's affairs as at 31 March 2025 and of its incomin9 resources and application of resources. including ils income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance wlth the requirements of the Companies Act 2006. Basls for oplnSon We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Audilorfs responsibilities for Ihe audit of the financial statemenls seclion of our report. We are independent of the charity in accordance wilh the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and the provisions available for srnall entltles, in the circumstances set out in note 18 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe thal the audit evi¢Jen¢e we have obtained is sufficient and appropriate lo provlde a basis for our opinion. Concltsslon8 relatlng to golng concern In auditing the financial statements, we have concluded that the Trustees, use of the going Conrn basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may cast significant doubl on the charity's ability lo continue as a going concern for a period of at least e1ve months from when the financial siatements are aulhorised for issue. Our responsibilities and Ihe responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report other than the financial statements and our auditorfs report thereon. The trustees are fesponsible for the other information contained within the annual report, Our opinion on the financial statements does not cover the other information and, except lo the 8xlent olherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such malerial inconsistencies or apparent material misstalemenls, we are required lo determine whether this gives rise to a material misstatement in the financial slalements themselves. If, based on the work we have performed, we conclude thal there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF SHREE KSHATRIYAASSOCIATION OF UK Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of our audit.. the information given in the Trustees, report for the financial year for which the financial statements are prepared. which includes the directors, report Pfepared for the purposes of company law, is consislent with the financial statements; and the directors, report included within the Trustees, report has been pr8pared in accordance with applicable legal requirements. Matters on which we aro required to report by exceptlon In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not idenlified material misslatements in the dlreclors, report included within the Trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us lo report lo you if. in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accountlng records and retums,. or certain disclosures of trustees, remuneration specified by law a not made., or we have nol reiVed all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the statement of Trustees. responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparalion of financial statements thal are f8 from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability lo continue as a going cOnrn, disclosing, as applicable, matters relaled to going concern and using the going concern basis ol accounting unless the truslees either inlend to liquidate the charitable company or to cease operalions, or have no realistic alternative but to do so. Audltor's responslbilitles for the audit of the financlal statements Our objectives are lo obtain reasonable assurance aboul whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when il exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial ststemenls. Irregularities, including fraud, are instances of nonwcompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misslalemenls in respect of irregularities. including fraud. The extent to which our procedures are capable of dele¢ting irregularities, including Iraud, is detailed below.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED TO THE MEMBERS OF SHREE KSHATRIYAASSOCIATION OF UK Extent to which the audit was considered capable of detecting irregularities, including fraud Our approach to identifying and assessing the risks of material misstatement in respect of irregularities. including fraud and non-compliance with laws and regulations, is detailed bekm. We obtained an understanding of the legal and regulatory framework that the company operates in, and identified the key laws and regulations applicable to the company through discussions wilh trustees and management; We focused on specific laws and regulations which we consider to have a material effect on the financial statements or the operations of the company. including the Companies Act 2006, taxation legislation, data protection, anti-bribery, money laundering, employment and health and safety legislation, We obtained an understanding of how the company complies with these requirements by discussions with trustees and management; We assessed the risk of material misstalemenl of the financial statements, including the risk of material misstatement due lo fraud and how il might occur, through discussions with directors and management. Based on this understanding, we designed specific appropriale audit procedures to Identify instances of non- compliance wilh laws and regulations, these are detailed below. Enquiry of management and those charged with governance around actual and potential liligalion and claims; Reviewing minutes of meetings of those charged wilh governance: Reviewing financial statement disclosures and testing to supporting documentation to assess compllance with applicable laws and regulations., Audlting the risk of managemenl override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the biJ%inp.%q rationale of significant transactions outside the nonnal course of business., Use of analylical procedures lo identify any unusual or unexpected relationships. There are inherent limitations in our audit procedures described above. Material misstatements that arise due to fraud can be harder lo detect than those that arise from error as they may involve concealment or collusion. A further description of our responsibilities is available on the Financial Reporting Council's website at-. https'.11 www.frc.org.ukJaudilorsresponsibilities. This description forms part of our audito¢s report.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF SHREE KSHATRIYA ASSOCIATION OF UK Usè of our report This report is made solely to the charitable company's members, as a body, in accordance V¥ith Chapier 3 of Part 16 of the Companles Act 2006. Our audil work has been undertaken so that we might state to the charitatle company's members those mattels we are required to state to them in an auditor's report and for no other purpose. To the fullest exlent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and the charltable company's member8 as a body, for our audlt work, for this report. or for Ihe opinions wg have formed. undoèp Vigana FCA (Senior Statutory Audltor) For and on behalf of MCT Partnershlp LLP, Statutory Audltor Chartered Accountsnts 1 Wamer Hou Harrovian Buslness Village Bessborough Road Herrow Middlesex HA13EX 25 November 2025
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds general Total 2025 Total 2024 Notes Income from: Oonations and gifts Charitable activities Investments 10,696 23,399 8,943 10,696 23,399 8,943 21.969 22,268 51,665 Total income 43,038 43,038 95,902 enditure on: Raising funds Fundraising costs 29,168 29,168 31,585 Donations Core costs 1,849 31,629 35,536 4,572 40,108 Total charitable expenditure 35,536 4,572 40.108 33,478 Total resources expended 64,704 4,572 69,276 65,063 Net movement In funds 121,666) (4,572) (26,238) 30,839 Fund bal0n¢es al 1 April 2024 384,003 25,763 409,766 378,927 Fund balances at 31 March 2025 362,337 21,191 383,528 409,766 The slalemenl of financial activities also cornplies with the requirements for an income and expenditure account under the Companies Acl 2006.
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notss Fixed assets Tangible assets 13 209,836 217,490 Current assets Debtors Cash at bank 14 18,206 177,407 16,670 196,603 195,613 213,273 Creditors: amounts falllng due within one year 15. {21,921) {20.997) Net eurront assets 173.692 192,276 ToLIl assets less Current liabilities 383,528 409,766 Income funds Restricted funds Unrestricted funds - general 21,191 362,337 25,763 384,003 383.528 409,766 The financial statements were approved by the board of directors and authorised for issue on 25 November 2025 and are signed on its behalf by.. rs Kh Trustee ri (Presldont) Company Registration No. 08316368
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Company information Shree Kshatriya Association of UK is a private company limited by guarantee incorporated in England and Wales. The registered Offi Is 2A Villiers Road, Willesden. London, NW2 5PH. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102") and the Charitles SORP 'Accounting and Reporting by Charities.. Statement of Recommended Practi 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 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provislons in the SORP for charitles not to prepare a Slalement of Cash Flows. The financial statements are prepared in slerling, which is the funclional currency of the charity- Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the fin8ncial statements, the trustees have a reasonable expeclalion that Ihe charity has adequate resources lo conlinue in operational existen for the foreseeable future. Thus the trustees continue lo adopi the going concern basis of accounting in preparing th8 financial slalemenls. 1.3 Charitsble funds Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes, Restricted funds represent monies raised to acqui Ihe freehold property in which the charity furthers its aims and objectives. 1.4 Incoming resources Incoming resources are reported gross. Incoming resources from charitable activities and investment income are recognised when amounls can be measured reliably and it is probable that the income will be received. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. 1.5 Resources expended Charitable expenditure comprises of all expenditure incurred in meeting the charitable objects. Expenditure is recognised in the period in which it's incurred. Expenditure includes VAT which cannot be recovered. 10-
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over Iheir useful lives on the following bases.. Freehold land and buildings Sport equipment Fumiture, fittings and utensils Computer equipment and software P A System 2.560/ts Straight line per annum 20010 reducing balance per annum 200/0 reducing balance per annum 330/• reducing balance per annum 200/0 reducing balance per annum Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assLJmplions about the carrying amount of assets and liabilities Ihal are.not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimale is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both currenl and future periods. Donations and gifts 2025 2024 Donation5 and gifts 10,696 21,969 Charltable actlvltles Membershlp Fundralslng fees and other activities Total Total 2025 2024 Incoming resources within charitable activities 13,460 9,939 23,399 22,268 11
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Investments 2025 2024 Rental income Interest re1vable 7,438 1,505 50.458 1,207 8,943 51.665 Ralslng fundg 2025 2024 Fundraising costs Other trading activities 29,168 31,585 Charltable actlvitles Donations Core ¢o$ts Totsl 2025 Total 2024 Depreciation Donations Rates Insurance Light and heat Repairs and maintenance Postage and stationery Telephone Sundry expenses Bank charges Subscriptions 7,399 255 922 2,885 6.137 16,121 1,225 688 98 23 395 7,399 255 922 2,885 6,137 16,121 1,225 688 98 23 395 7.611 1.849 829 1.860 9,598 5,910 1,430 504 50 33 324 36.148 36,148 29,998 Share of governance costs (see note 9) 3,960 3,960 3.480 40,108 40,108 33,478 12-
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net movement in funds 2025 2024 The net movement in funds is stated after chargingl(crediling)'. Fees payable for the audit of the charity's financial statements Depreciation of owned tangible fixed assels 3,960 7,399 3,480 7,611 Support costs Support Governaneo costs costs 2025 2024 Basis of allocation Audit fees 3.960 3,960 3,480 Governance 3,960 3,960 3.480 Analysed betrAeen Charitable activities 3,960 3,960 3.480 10 Trust•OS None of the trustees or any persons connected with them received any remuneration during the year. Expenses tolalling £6.259 12024.. £10,109> were reimbursed to the trustees during the year for charitable expenditure incurred on behalf of the charity. 11 Employees There were no employees during the year. 12 Taxation The charitable company is exempt from corporation tax on its charitable activities. 13-
SHREE KSHATRIYA ASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 13 T•D9lbl• Il¥•d 4•8gts Fr1•hd Sport Fyrnltur•. Compu¢•r P A Sy•t•m l•nd Ind •qulpm•n¢ flttln¥s Ind •9ulpm•nt bulldlng• utenoll• and Tot•1 Cost Al 1 Aprtl 2024 Di3POS818 275,497 130 8.621 1,594 288.722 18801 At 31 March 2025 275,497 8,621 1.594 285.712 D•pr•clatlon and Imp•lrm•nl Al 1 April 2024 Depr8ci8llon charged In the ye8r Elirnina18d in respect ol di5pDsa18 59.941 122 7,277 268 633 1,259 67 69.232 7.399 17551 11221 16331 At 31 MArth 2025 67,005 7.545 1.326 75.878 Carrylng •m¥unt Al 31 March 2025 208,492 1,076 268 209,836 At 31 M8rch 2024 215.5S6 1,344 247 335 217,490 14-
SHREE KSHATRIYAASSOCIATION OF UK (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tangible fixed assèts Icontinuedl The original cost of land and buildings as acquired by the unincorporated Association prior lo the transfer to this Association was £188.500. 14 Debtors 2025 2024 Amounts falling due wlthin one year: Prepayment5 and accrued income 18,206 16,670 15 Credltors: amounts falllng due wlthln one year 2025 2024 Accruals and deferred income 21,921 20,997 16 Share capitsl The company is limited by guarantee, not ha%iing a share capital divided inlo shares. In the event of the company being wound up. every member undertakes to contribute a sum not exceeding £1 17 Analysls of net assets between funds Unrestricled funds Restricted funds Total Fund balances at 31 March 2025 are represented by: Tangible assets Current assetsl(liabilities> 191,136 173,692 18,700 209,836 173,692 364,828 18,700 383,528 18 Auditors. Ethical Standard The relevant circumstances requiring disclosure in accordan with the requirements of AP8 Ethical Standard Provisions Available for Small Entities are that, in common with many charities of our size and nature we use our auditor to assist with the preparation of the accounts. 15-