Company registration number: 08346406 Charity registration number: 1152436
KHALSA INTERNATIONAL WELFARE SOCIETY TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
Chesterton House Accounting Services LLP
Khalsa International Welfare Society Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities (including Income and Expenditure Account) | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 9 |
Khalsa International Welfare Society Company No. 08346406 Trustees' Report For The Year Ended 31 January 2025
The trustees present their report and the financial statements for the year ended 31 January 2025.
Objectives and Activities
Public Benefit
The main activities undertaken in relation to those purposes include free eye camps, provided free food and clothes to those in need, further improvements to religious monuments and widow welfare & remarriage.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Reference and Administrative Details
Trustees
Mr Balbinder Nanuwan Mr Sandeep Nanuwan Mr Mahima Bolla
Company Secretary
Mr Sandeep Nanuwan
Charity Number
1152436
Company Number
08346406
Principal Address
58 Amber Drive Mickleovee Derby DE3 0AY
Independent Examiner
Amarjeet Singh ACCA Chesterton House Accounting Services LLP 2-3 Rectory Place Loughborough Leicestershire LE11 1UW
Page 1
Khalsa International Welfare Society Trustees' Report (continued) For The Year Ended 31 January 2025
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.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Balbinder Nanuwan
Trustee 28/11/2025
Page 2
Khalsa International Welfare Society Independent Examiner's Report to the Trustees of Khalsa International Welfare Society For The Year Ended 31 January 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2025.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Amarjeet Singh ACCA 28/11/2025 2-3 Rectory Place Loughborough Leicestershire LE11 1UW
Page 3
Khalsa International Welfare Society Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 January 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Other 4 EXPENDITURE ON: Raising funds 5 Charitable activities: 5 Charitable activities NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9 |
2025 Unrestricted funds £ 144,447 807 |
2024 Unrestricted funds £ 143,575 - |
|---|---|---|
| 145,254 | 143,575 | |
| (8,552) (159,110) |
(14,166) (112,837) |
|
| (167,662) | (127,003) | |
| (22,408) | 16,572 | |
| (22,408) 41,284 |
16,572 24,712 |
|
| 18,876 | 41,284 |
The notes on pages 6 to 8 form part of these financial statements.
Page 4
Khalsa International Welfare Society Balance Sheet As At 31 January 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 20,076 | 42,484 | |
| 20,076 | 42,484 | ||
| Creditors: Amounts Falling Due Within One Year | 8 | (1,200) | (1,200) |
| NET CURRENT ASSETS (LIABILITIES) | 18,876 | 41,284 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 18,876 | 41,284 | |
| NET ASSETS | 18,876 | 41,284 | |
| FUNDS OF THE CHARITY | |||
| Unrestricted Funds | 18,876 | 41,284 | |
| TOTAL FUNDS | 9 | 18,876 | 41,284 |
For the year ending 31 January 2025 the charitable 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 charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees 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
Mr Balbinder Nanuwan
Trustee 28/11/2025
The notes on pages 6 to 8 form part of these financial statements.
Page 5
Khalsa International Welfare Society Notes to the Financial Statements For The Year Ended 31 January 2025
1. General Information
Khalsa International Welfare Society is a company limited by guarantee, incorporated in England & Wales, registered number 08346406 and registered charity number 1152436. The registered office is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice 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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Donations
2.3. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| . Income from Donations and Legacies |
|||
|---|---|---|---|
| Donations and gifts . Other Income Other interest receivable . Analysis of Expenditure Raising funds Charitable activities |
Activities undertaken directly £ - 159,110 |
2025 Unrestricted funds £ 144,447 |
2024 Unrestricted funds £ 143,575 |
| 2025 Unrestricted funds £ 807 |
2024 Unrestricted funds £ - |
||
| Support costs (see note 6) £ 8,552 - |
2025 Total £ 8,552 159,110 |
||
| 159,110 | 8,552 | 167,662 |
4. Other Income
5. Analysis of Expenditure
Page 6
Khalsa International Welfare Society Notes to the Financial Statements (continued) For The Year Ended 31 January 2025
| Raising funds Charitable activities 6. Support Costs Employee costs General administration Employee costs General administration 7. Average Number of Employees Average number of employees during the year was: 3 (2024: 3) 8. Creditors: Amounts Falling Due Within One Year Accruals and deferred income 9. Movement in Funds As at 1 February 2024 £ Unrestricted funds General: General unrestricted fund 41,284 Designated: Eye care camps in Pakistan - Food, clothing and other donations - non-UK - |
Activities undertaken directly £ - 112,837 |
Activities undertaken directly £ - 112,837 |
Support costs (see note 6) £ 14,166 - |
2024 Total £ 14,166 112,837 127,003 2025 Raising funds £ 3,898 4,654 8,552 2024 Raising funds £ 9,137 5,029 14,166 2024 £ 1,200 As at 31 January 2025 £ 177,986 (36,274) (66,836) ...CONTINUED |
|---|---|---|---|---|
| 112,837 | 14,166 | |||
| Income £ 145,254 - - |
2025 £ 1,200 Expenditure £ (8,552) (36,274) (66,836) |
Page 7
Khalsa International Welfare Society Notes to the Financial Statements (continued) For The Year Ended 31 January 2025
| Widow and needy family fund India Food, clothing and other donations - UK Gurudwara Seva Pakistan Total unrestricted funds Total funds Unrestricted funds General: General unrestricted fund Designated: Eye care camps in Pakistan Food, clothing and other donations - non-UK Widow and needy family fund India Food, clothing and other donations - UK Total unrestricted funds Total funds |
- - - |
- - - |
(32,881) (13,619) (9,500) |
(32,881) (13,619) (9,500) |
|---|---|---|---|---|
| - | - | (159,110) | (159,110) | |
| 41,284 | 145,254 | (167,662) | 18,876 | |
| 41,284 | 145,254 | (167,662) | 18,876 | |
| As at 1 February 2023 £ 24,712 - - - - |
Income £ 143,575 - - - - |
Expenditure £ (14,166) (35,429) (42,534) (19,891) (14,983) |
As at 31 January 2024 £ 154,121 (35,429) (42,534) (19,891) (14,983) |
|
| - | - | (112,837) | (112,837) | |
| 24,712 | 143,575 | (127,003) | 41,284 | |
| 24,712 | 143,575 | (127,003) | 41,284 |
10. Related Party Disclosures
11. 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 8
Khalsa International Welfare Society Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 January 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Other Other interest receivable EXPENDITURE ON: Raising funds Travel and subsistence expenses Travel expenses Printing, postage and stationery Telecommunications Accountancy fees Bank charges Other office costs Charitable Activities: Charitable activities Charitable activities - various NET (EXPENDITURE)/INCOME |
2025 Total funds £ 144,447 |
2024 Total funds £ 143,575 |
|---|---|---|
| 144,447 807 |
143,575 - |
|
| 807 | - | |
| 145,254 (552) (3,346) (351) (1,423) (1,200) (314) (1,366) |
143,575 (4,892) (4,245) (504) (1,194) (1,200) (836) (1,295) |
|
| (8,552) (159,110) |
(14,166) (112,837) |
|
| (159,110) | (112,837) | |
| (167,662) | (127,003) | |
| (22,408) | 16,572 |
Page 9