REGISTERED CHARITY NUMBER: 1153839
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
FOR GOSHALLA IN LEICESTER
1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
## GOSHALLA IN LEICESTER
## REPORT OF THE TRUSTEES for the year ended 31 July 2023
The trustees present their report with the financial statements of the charity for the year ended 31 July 2023. The trustees have adopted the provisions of 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).
## STRUCTURE, GOVERNANCE AND MANAGEMENT
## Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1153839
Principal address 46 Spencefield Lane Leicester LE5 6PS
Trustees N Shah Mrs M Shah
Independent Examiner Mr Dipesh Dodia FCCA, BA (Hons) 1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
Approved by order of the board of trustees on ne l2] 7223. and signed on its behalf by:
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(I
N Shah - Trustee
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## GOSHALLA IN LEICESTER
## STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 July 2023
|||2023|2022|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|INCOME AND ENDOWMENTS FROM||||
|Donations and legacies||51,510|66,364|
|Investment income|2|13|29|
|Total||51,523|66,393|
|EXPENDITURE ON||||
|Raising funds|3|22,653|25,614|
|Charitable activities||||
|Resorces||4,444|3,272|
|Total||27,097|28,886|
|NETINCOME||24,426|37,507|
|Transfers between funds|9|-|40,865|
|Net movement in funds||24,426|78,372|
|RECONCILIATION OF FUNDS||||
|Total funds brought forward||116,581|38,209|
|TOTALFUNDSCARRIEDFORWARD||99,898|116,581|
The notes form part of these financial statements
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1. ACCOUNTING POLICIES
## GOSHALLA IN LEICESTER
## NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 July 2023
## Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## Taxation
The charity is exempt from tax on its charitable activities.
## Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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## GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 July 2023
|5.|COMPARATIVESFORTHE STATEMENTOF FINANCIAL ACTIVITIES - continued||
|---|---|---|
|||Unrestricted|
|||fund|
|||£|
||NET INCOME|37,507|
||Transfers between funds|40,865|
||Net movement in funds|78,372.|
||RECONCILIATION OF FUNDS||
||Total funds broughtforward|38,209|
||TOTALFUNDS CARRIED FORWARD|116,581|
|6.|TANGIBLE FIXED ASSETS||
|||Freehold|
|||property|
|||i|
||COST||
||At 1 August 2022 and 31 July 2023|71,935|
||NET BOOK VALUE||
||At 31 July 2023|71,935|
||At 31 July 2022|71,935|
|“Le|HERITAGEASSETS|Total|
|||£|
||NET BOOKVALUE||
||At 31 July 2023|-|
||At31July2022|-|
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9,
## GOSHALLA IN LEICESTER
## NOTES TO THE FINANCIAL STATEMENTS- continued for the year ended 31 July 2023
## MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|66,393|(28,886)|37,507|
|TOTAL FUNDS|66,393|(28,886)|37,507|
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A current year 12 months and prior year 12 months combined position is as follows:
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|||||||
|---|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At|1.8.21|in|funds|funds|31.79.28|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|38,209|61,933|40,865|141,007|
|TOTAL|FUNDS|38,209|61,933|40,865|141,007|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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||||||
|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|117,916|(55,983)|61,933|
|TOTAL FUNDS|117,916|(55,983)|61,933|
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## GOSHALLA IN LEICESTER
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|||||||
|---|---|---|---|---|---|
|DETAILED|STATEMENT|OF FINANCIAL ACTIVITIES|
|for|the|year ended|31|July|2023|
|2023|2022|
|£|£.|
|INCOME|AND|ENDOWMENTS|
|Donations|and|legacies|
|Donations|51,510|66,364|
|Investment|income|
|Bank|interest|received|13|29|
|Total|incoming|resources|§1,523|66,393|
|EXPENDITURE|
|Raising|donations|and|legacies|
|Insurance|1,393|956|
|Veterinary|expenses|549|192|
|Repairs &|renewals|20,211|23921|
|22,153|25,069|
|Charitable|activities|
|Postage|and|stationery|1,147|.|
|Animal|feed|2,805|2,928|
|3,952|2,928|
|Support|costs|
|Finance|
|Bank|charges|44|26|
|Other|
|Cleaning|63|45|
|Subscriptions|385|318|
|448|363|
|Governance|costs|
|Accountancy|costs|500|500|
|Total|resources|expended|27,097|28,886|
|Net income|24,426|37,507|
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This page does not form part of the statutory financial statements
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