REGISTERED CHARITY NUMBER: 1153839
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
FOR
GOSHALLA IN LEICESTER
1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
GOSHALLA IN LEICESTER
CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees 1 |
|||
| Independent Examiner's Report 2 |
|||
| Statement of Financial Activities 3 |
|||
| Balance Sheet 4 |
|||
| Notes to the Financial Statements 5 |
to | 10 | |
| Detailed Statement of Financial Activities 11 |
to | 12 |
GOSHALLA IN LEICESTER
REPORT OF THE TRUSTEES
for the year ended 31 July 2024
The trustees present their report with the financial statements of the charity for the year ended 31 July 2024. 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 14 April 2025 and signed on its behalf by:
N Shah - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GOSHALLA IN LEICESTER
Independent examiner's report to the trustees of Goshalla In Leicester
I report to the charity trustees on my examination of the accounts of Goshalla In Leicester (the Trust) for the year ended 31 July 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Mr Dipesh Dodia FCCA, BA (Hons) 1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
14 April 2025
Page 2
GOSHALLA IN LEICESTER
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 July 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investmentincome 2 Total EXPENDITURE ON Raising funds 3 Charitable activities Resorces Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward |
2024 Unrestricted fund £ 38,825 31 |
2024 Unrestricted fund £ 38,825 31 |
2023 Total funds £ 51,510 13 |
|---|---|---|---|
| 38,856 14,151 5,883 |
51,523 22,653 4,444 |
||
| 20,034 | 27,097 | ||
| 18,822 24,426 99,898 75,472 TOTAL FUNDS CARRIED FORWARD 11 8,7 20 99, 89 8 |
24,426 75,472 |
The notes form part of these financial statements
Page 3
GOSHALLA IN LEICESTER
BALANCE SHEET 31 July 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | £ | £ | |||
| FIXED ASSETS | |||||
| Tangible assets | 6 | 73,295 | 71,935 | ||
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 45,925 | 28,463 | |||
| CREDITORS | |||||
| Amounts falling due within one year | 7 | (500) | (500) | ||
| NET CURRENT | 45, |
27, | |||
| ASSETS | 42 | 96 | |||
| 5 | 3 | ||||
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 118,720 | 99,898 | |||
| NET ASSETS | 11 | 99, | |||
| 8,7 | 89 | ||||
| 20 | 8 | ||||
| FUNDS | 8 | ||||
| Unrestricted funds | 118 | 99, | |||
| ,72 | 89 | ||||
| 0 | 8 | ||||
| TOTAL FUNDS | 118 | 99, | |||
| ,72 | 89 | ||||
| 0 | 8 |
The financial statements were approved by the Board of Trustees and authorised for issue on 14 April 2025 and were signed on its behalf by:
The notes form part of these financial statements
Page 4
N Shah - Trustee
M Shah - Trustee
The notes form part of these financial statements
Page 4
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2024
1. ACCOUNTING POLICIES
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.
continued...
Page 5
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024
2. INVESTMENT INCOME
| 2024 | 2023 |
|---|---|
| £ | £ |
| Bank interest | 31 13 |
| received |
3. RAISING FUNDS
Raising donations and legacies
| 2024 £ Insurance Veterinary expenses Repairs & renewals Depreciation Support costs 14,151 |
2023 £ 1,9 34 1,3 93 2,4 33 54 9 9,3 90 20, 21 1 39 4 - - 50 0 22,653 |
|---|---|
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 51,510 |
| Investmentincome | 13 |
| Total | 51,523 |
EXPENDITURE ON
continued...
Page 6
Raising funds
22,653
Charitable activities Resorces
4,444
continued...
Page 6
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|---|---|---|
| Unrestricted fund £ |
||
| Total | 27,097 | |
| NET INCOME 24,426 RECONCILIATION OF FUNDS Total funds brought forward 75,472 TOTA L FUND S CAR RIED FOR WAR D 9 9 , 8 9 8 6. TANGIBLE FIXED ASSETS Freehold Plant and property machinery Totals £ £ £ COST At 1 August 2023 71,93 5 - 71,93 5 Additions - 1,754 1,754 At 31 July 2024 71,93 5 1,754 73,68 9 DEPRECIATION Charge for year - 394 394 NET BOOK VALUE At 31 July 2024 71,93 5 1,360 73,29 5 |
24,426 75,472 |
|
| TOTA L FUND S CAR RIED FOR WAR D 9 9 , 8 9 8 |
continued...
Page 7
At 31 July 2023 71,93 - 71,93 5 5
continued...
Page 7
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2024
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| £ | £ | ||||||
| Other creditors50 | 50 | ||||||
| 0 | 0 | ||||||
| 500 | 500 | ||||||
| 8. | MOVEMENT IN FUNDS | ||||||
| Net | |||||||
| movement | At | ||||||
| At 1.8.23 | in funds | 31.7.24 | |||||
| £ | £ | £ | |||||
| Unrestricted funds | |||||||
| General fund | 99,898 | 18,822 | 118,720 | ||||
| TOTAL | FUNDS 99,89 |
18,82 118,7 |
|||||
| 8 | 2 | 20 | |||||
| Net movement in funds, included in the above are as follows: | |||||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| £ | £ | £ | |||||
| Unrestricted funds | |||||||
| General fund | 38,856 | (20,034) | 18,822 | ||||
| TOTAL | FUNDS 38,85 |
(20,0 18,82 |
|||||
| 6 | 34) | 2 | |||||
| Comparatives for movement in funds | |||||||
| Net | |||||||
| movement | At | ||||||
| At 1.8.22 | in funds | 31.7.23 | |||||
| £ | £ | £ | |||||
| Unrestricted funds | |||||||
| General fund | 75,472 | 24,426 | 99,898 |
continued...
Page 8
TOTAL FUNDS 75,47 24,42 99,89 2 6 8
continued...
Page 8
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2024
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Resources | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 51,523 | (27,097) | 24,426 | |
| TOTAL | FUNDS | 51,52 | (27,0 24,42 |
|
| 3 | 97) 6 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.8.22 | in funds | 31.7.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 75,472 | 43,248 | 118,720 | |
| TOTAL | FUNDS | 75,47 | 43,24 118,7 |
|
| 2 | 8 20 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Resources | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 90,379 | (47,131) | 43,248 | |
| TOTAL | FUNDS | 90,37 | (47,1 43,24 |
|
| 9 | 31) 8 |
continued...
Page 9
GOSHALLA IN LEICESTER
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 July 2024
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2024.
Page 10
GOSHALLA IN LEICESTER
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 July 2024
| for the year ended 31 July 2024 |
|||
|---|---|---|---|
| INCOME AND ENDOWMENTS Donations and legacies Investment income Bank interestreceived Total incoming resources EXPENDITURE Raising donations and legacies Charitable activities Support costs Management |
2024 2023 £ £ Donations 38, 82 5 51, 51 0 38,825 51,510 31 13 |
||
| 51,510 13 |
|||
| 38,856 Insurance Veterinary expenses Repairs & renewals Plant and machinery 14,151 Light and heat Postage and stationery Animal feed Sundries 5,033 |
51,523 1,9 34 1,3 93 2,4 33 54 9 9,3 90 20, 21 1 39 4 - |
||
| 22,153 46 5 - 84 4 1,1 47 3,2 14 2,8 05 51 0 - |
|||
| 3,952 |
This page does not form part of the statutory financial statements
Page 11
| Telephone | 350 | - |
|---|---|---|
| Finance | ||
| Bank charges | - | 44 |
| Other | ||
| Cleaning | - | 63 |
| Carried forward | - | 63 |
This page does not form part of the statutory financial statements
Page 11
GOSHALLA IN LEICESTER
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 July 2024
Other
Governance costs
| 2024 | 2023 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Brought forward | - | 63 | |
| Subscriptions | - | 38 | |
| 5 | |||
| - | 448 | ||
| Accountancy | 50 | 50 | |
| costs | 0 | 0 | |
| Total | resources | 20, | 27, |
| expended | 03 | 09 | |
| 4 | 7 | ||
| Net income | 18, | 24, | |
| 82 | 42 | ||
| 2 | 6 |
This page does not form part of the statutory financial statements
Page 12