Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot 

Charity Charity No. No. 1158513 1158513 

> Company Company No.[No.] 08567344. 08567344 

Trustees’ Trustees' Report Report and[and] Unaudited[Unaudited] Accounts Accounts 

30 30 June June 2025 2025 



> Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Contents Contents 

||Pages<br>Pages||
|---|---|---|
|Trustees' Annual Report<br>Trustees’ Annual Report|2to3||
|IndependentExaminer' Report<br>Independent Examiner's Report||4<br>4|
|Statement of Financial Activities<br>Statement of Financial Activities||5<br>5|
|Summary Income and Expenditure Account<br>Summary Income and Expenditure Account||6<br>6|
|Balance Sheet<br>Balance Sheet||7<br>7|
|Statement ofCash flows<br>Statement of Cash flows||8<br>8|
|Notes to the Accounts<br>Notes to the Accounts|9 to <br>9 to|14<br> 14|
|Detailed Statement of Financial Activities<br>DetailedStatementofFinancialActivities|15 to <br>15to|16<br>16|



> Page Page[1] 1 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Trustees Trustees Annual Annual Report Report 

> The The trustees, trustees, who who are are also also directors directors[of] of the[the] charity charity for[for] the[the] purposes purposes of of the the Companies Companies Act Act 2006, 2006, present present their[their] report[report] with[with][the] the unaudited[unaudited] financial[financial] statements statements of[of] the[the] charity charity for[for] the[the] year year ended[ended] 30[30] 

> June June[2025,] 2025. 

> REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS 

> Company Company No.[No.] 08567344. 08567344 

> Charity Charity No, No. 1158513 1158513 Registered Office Registered Office 363 363 Kenton Kenton Lane Lane 

> Harrow Harrow Middlesex Middlesex 

> HA3 HA3[SRY] 8RY 

Directors Directors and[and] Trustees[Trustees] The The Directors Directors of of the the charitable charitable company company are are its its Trustees Trustees for for the the purposes purposes of of charity charity law.[law.] The The following following Directors Directors and and Trustees Trustees served served during during the the year: year: Bharatkumar Bharatkumar Desai Desai Dhirajlal Dhirajlal Babria Babria Dharmvallabhdasji Dharmvallabhdasji Swami Swami Devkrishna Devkrishna Dasji[Dasji] Sadhu Sadhu Devprasaddas Devprasaddas Sadhu Sadhu Shantipriydas Shantipriydas Sadhu Sadhu Vipulkumar Vipulkumar Kyada Kyada 

Accountants Accountants RMR RMR Partnership Partnership LLP LLP Vyman Vyman[House] House 104 104 College College Road Road Harrow, Harrow, Middlesex Middlesex HAI HA1 IBQ 1BQ OBJECTIVES OBJECTIVES AND AND ACTIVITIES ACTIVITIES The The purpose purpose of[of] the the charity charity as as set set out out[in] in its[its] governing governing document document is[is] the the advancement advancement and and propagation propagation of[of] the the Hindu Hindu faith, faith/ in[in] particular particular Bhagwan Bhagwan Swaminarayan. Swaminarayan. The The Trustees Trustees have have paid paid due due regard regard to to guidance guidance issued issued by[by] the the Charity Charity Commission Commission in[in] deciding deciding what what activities activities the the trust trust should should undertake. undertake. 

## ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE 

> The The charityjs charity's foundation foundation derives derives from from the the Shree Shree Swaminarayan Swaminarayan Gurukul Gurukul Rajkot Rajkot organisation organisation in in India. India. The The charity charity is is constitutionally constitutionally independent independent of of the the Indian Indian organisation organisation but but is is connected connected with with the the mission mission of of 

> advancing advancing[and] and propagating propagating the[the] Swaminarayan Swaminarayan faith. faith, 

> Page Page 2[2] 



## Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Trustees Trustees Annual Annual Report Report 

Worship Worship[of] of[Bhagwan] Bhagwan Shree Shree Swaminarayan, Swaminarayan, this this involves involves prayers, prayers, singing[singing] devotional devotional hymns[hymns] and[and] shared[shared] religiously religiously blessed blessed food. food. Organised Organised Hindu Hindu festival festival celebrations, celebrations, for for example example Diwali, Diwali, the the New New Year Year (according (according to to the the Hindu Hindu calendar), calendar), Janmashtmi, Janmashtmij Ram Ram Navami) Navami, Swaminarayan Swaminarayan Jayanti Jayanti and and various various other other festivals. festivals, 

> The The charity charity regularly regularly organise organise weekly weekly assemblies assemblies to to provide[provide] discourse discourse to to the the community community members. members. 

## FINANCIAL FINANCIAL[REVIEW] REVIEW 

> During During the the year, year, the the donation donation income income was was received received as as per per expectations. expectations, The The Trustees Trustees would would like like to to thank thank all[all] 

> the the members members for for the the successful successful activities activities for for generating generating funds funds such such as as Diwali Diwali program. program. 

> It It is is the the policy policy of of the the trust trust that that unrestricted unrestricted funds funds which which have have not not been been designated designated for for a a specific specific use use should should 

> be be maintained maintained at at a a level level equivalent equivalent to to between between three three and and six six months’ months' expenditure. expenditure. The The Trustees Trustees consider consider 

> that that reserves reserves at at this this level level will will ensure ensure that, that, in in the the event event of of a a significant significant drop drop in in funding, funding, they they will will be be able able to to 

> continue continue the the trust's trust’s current current activities activities while while consideration consideration is is given given to to ways ways in in which which additional additional funds funds may may be be 

> raisecL raised. This This level level of of reserves reserves has has been been maintained maintained throughout throughout the the year. year. 

## STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT 

> The The charity charity is is controlled controlled by by its its governing governing documents, documents, the the memorandum memorandum and and articles articles of of association association and and is is 

> constituted constituted as as a a company, company, limited limited by by guarantee, guarantee, as as defined defined by by the the Companies Companies Act Act 2006. 2006. 

All All Trustees Trustees have have been been allocated allocated an an area area of of responsibility responsibility which, which) where where possible, possible, is is in[in] accordance accordance with with their[their] sl<ills skills and and experience. experience. 

> The The Trustees Trustees are are responsible responsible[for] for keeping keeping proper proper accounting accounting records records that that disclose disclose with with reasonable reasonable accuracy accuracy at at 

> any any time time[the] the financial financial position[position] of of the the charity charity and and to to enable enable them them to to ensure ensure that that the the financial financial statements statements 

> comply comply with with the the Companies Companies Act Act 2006. 2006, The The Trustees Trustees are are also[also] responsible responsible for[for] safeguarding safeguarding the the assets assets of of the the charity charity[and] and hence[hence] taking[taking] reasonable reasonable steps[steps][for] for the[the] prevention prevention and[and] detection[detection] of[of] fraud[fraud] and[and] other other irregularities. irregularities, 

> The The above above report report has has been been prepared prepared[in] in accordance accordance with with the the provisions provisions applicable applicable to to companies companies subject subject to to 

> the the[small] small companies companies regime regime as as set set out out in[in] Part Part 15 15 of of the the Companies Companies Act Act 2006 2006 and and in[in] accordance accordance with with the the Charities Charities SORP SORP[(FRS] (FRS 102).[102).] 

> Signed Signed on on[behalf] behalf[of] of the the board board 

> Vipull<umar Vipulkumar Kyada Kyada Trustee Trustee 26 26 March March 2026 2026 

> Page Page[3] 3 



f 

Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Independent Independent Examiners Examiners Report Report 

. 

> Independent Independent Examiner's Examinerts Report Report to to the the trustees trustees of of Swaminarayan Swaminarayan Gurukul Gurukul Rajkot Rajkot 

I | report report to to the the charity charity trustees trustees on on my my examination examination of of the the financial financial statements statements of of Swaminarayan Swaminarayan Gurukul Gurukul Rajkot Rajkot[for] for[the] the year year ended ended 30 30 June June 2025. 2025. 

Responsibilities Responsibilities and and basis[basis] of[of][report] report As As the the charity's[charity's] trustees trustees[of] of the[the] company company[(and] (and also also its its directors directors for[for] the the purposes purposes of of company company law) law) you you are are responsible responsible for[for] the the preparation preparation of of the the financial financial statements statements in in accordance accordance with with the the requirements requirements of of the the Companies Companies Act Act 2006 2006 (‘the (ithe 2006 2006 Act.[Act,] Having Having[satisfied] satisfied myself myself that that the the financial financial statements statements of of the the Charity Charity are are not not required required to to be be audited audited under under Part Part 16 16[of] of the the 2006 2006 Act Act and and are are eligible[eligible][for] for independent independent examination, examination, | I report report in in respect respect of of my my examination examination of of your your[charity's] charity's[financial] financial[statements] statements as[as] carried carried out[out] under[under] section[section] 145[145] of[of] the[the] Charities Charities Act[Act] 2011[2011] (‘the[(Ithe] 2011[2011] Act’).[Act').] In In carrying carrying out out my my examination examination[I] | have have followed followed the the Directions Directions given given by by the the Charity Charity Commission Commission under under section section 145(5) 145(5) (b)[(b)][of the] of the 2011 2011[Act.] Act. Independent Independent examinerts examiner's statement statement I | have have completed completed my my examination. examination. I | can can confirm confirm that that no no material material matters matters have have come come to to my my attention attention in in connection connection[with] with[the] the examination examination giving[giving] me me cause cause to[to] believe:[believe:] • * accounting accounting records records were were not not kept kept in in accordance accordance with with section section 386 386 of of the the 2006 2006 Act Act ; or or e ¢ the the financial financial statements statements do do not not accord accord with with those those records; records; or or * the the financial financial statements statements do do not not comply comply with with the the accounting accounting requirements requirements under under section section 396 396 of of the the 2006 2006 Act Act other other than than any any requirement requirement that that the the financial financial statements statements give give a a ‘true itrue and and fair’ fairl view view which which is is not not a a matter matter considered considered as as part part of[of] an an independent independent examination; examination; or or * the the financial financial statements statements have have not not been been prepared prepared in in accordance accordance with with the the methods methods and and principles principles of of the the Statement Statement of[of] Recommended Recommended Practice Practice for[for] accounting accounting and and reporting[reporting] by[by] charities charities applicable applicable to[to] charities charities preparing preparing[their] their accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102). 102). I | have have no no concerns concerns and and have have come come across across no no other other matters matters in in connection connection with with the the examination examination to to which which attention attention should should be be drawn drawn in in this this report report in in order order to to enable enable a a proper proper understanding understanding of of the the financial financial statements statements to[to][be] be reached.[reached,] 

Mahendra Mahendra[Pattni] Pattni RIMR RMR Partnership Partnership LLP LLP Vyman Vyman House House 104 104 College College Road Road Harrow, Harrow, Middlesex Middlesex HAI HA1 IBQ 1BQ 

26 26 March March 2026 2026 

> Page Page 4 4 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Statement Statement[of] of Financial Financial Activities[Activities] for for[the] the year year ended ended 30 30 June June 2025 2025 

|||Unrestricted<br>Unrestricted|||
|---|---|---|---|---|
|||funds<br>funds|Total funds<br>Totalfunds|Totalfunds<br>Total funds|
|||2025<br>2025|2025<br>2025|2024<br>2024|
||Notes<br>Notes|£|£|£|
|Income and endowments<br>Income and endowments|||||
|from:<br>from:|||||
|Donations and legacies<br>Donations and legacies|4<br>4|133,803<br>133,803|133,803<br>133,803|137,526<br>137,526|
|Total<br>Total||133/803<br>133,803|133,803<br>133,803|137,526<br>137,526|
|Expenditure on:<br>Expenditure on:|||||
|Charitable activities<br>Charitable activities|5<br>5|14,068<br>14,068|14,068<br>14,068|26,720<br>26,720|
|Other<br>Other|6<br>6|36,544<br>36,544|36,544<br>36,544|50/486<br>50,486|
|Total<br>Total||50,612<br>50,612|50,612<br>50,612|77,206<br>77,206|
|Net gains on investments<br>Net gains on investments||-|-|-|
|Net income<br>Net income|7<br>7|83/191<br>83,191|83,191<br>«83,191|60,320<br>60,320|
|Transfers betweenfunds<br>Transfers between funds||-|-|-|
|Net income beforeother<br>Netincome before other||83,191<br>83,191|83,191<br>83,191|60,320<br>60,320|
|gains/(losses)<br>gains/(losses)|||||
|Other gains and losses<br>Other gains and losses|||||
|Net movement in funds<br>Netmovement in funds||83,191<br>83,191 7|83,191<br>83,191|60320<br>60,320|
|Reconciliation of funds:<br>Reconciliation of funds:|||||
|Total funds brought forward<br>Total funds brought forward||445,487<br>445,487|445,487<br>445,487|385,167<br>385,167|
|Total funds carried forward<br>Totalfundscarriedforward||528,678<br>528,678|528,678<br>«528,678|445,487<br>«445,487|



> Page Page[5] 5 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot[Rajkot] Summary Summary Income Income and and Expenditure Expenditure Account Account 

> for for the the year year ended ended 30 30 June June 2025 2025 

||2025<br>2025|2024<br>2024|
|---|---|---|
||£|£|
|Income<br>Income|133,803<br>133,803|137,526<br>137,526|
|Gross income for the year|133,803|137,526|
|Expenditure<br>Expenditure|42,291<br>42,291|68,885<br>68,885|
|Depreciation and charges for<br>Depreciation and charges for|||
|impairment offixed assets<br>impairment offixed assets|8,321<br>8,321|8,321<br>8,321|
|Total expenditure for the year<br>Total expenditure for the year|50,612<br>50,612|77,206<br>77,206|
|Net income before tax for the year<br>Net income before tax for the year|83,191<br>83,191|60,320<br>60,320|
|Net income for the year<br>Metincomeforthe:year|83,191<br>~aa|60,320<br>as}|



> Page Page[6] 6 



|Swaminarayan Gurukul Rajkot<br>Swaminarayan Gurukul Rajkot||||
|---|---|---|---|
|Balance Sheet<br>Balance Sheet||||
|at 30 June 2025<br>at 30 June 2025||||
|Company Noe<br>08567344<br>Company No.<br>08567344|Notes<br>Notes|2025<br>2025|2024<br>2024|
|||£|£|
|Fixed assets<br>Fixed assets||||
|Tangible assets<br>Tangible assets|9<br>9|840,195<br>840,195|815,429<br>815,429|
|||840,195<br>840,195|815,429<br>815,429|
|Current assets<br>Current assets||||
|Cash at bank and in hand<br>Cash at bank and in hand||105,083<br>105,083|116,658<br>116,658|
|||105,083<br>105,083|116,658<br>116,658|
|Creditors: Amountfalling due within one year<br>Creditors: Amount falling due within one year|10<br>10|(416,600)<br>(416,600)|(486,600)<br>(486,600)|
|Net current liabilities<br>Net current liabilities||(311,517)<br>(311,517)|(369,942)<br>(369,942)|
|Total assets less current liabilities<br>Total assets less current liabilities||528,678<br>528,678|445,487<br>445,487|
|Net assets excluding pension asset or liability<br>Net assets excluding pension asset or liability||528,678<br>528,678|487<br>445,487|
|Total net assets<br>Total net assets||528,678<br>528,678|445,487<br>445,487|
|The funds of the charity<br>The funds ofthe charity||||
|Unrestrictedfunds<br>Unrestricted funds||||
|General funds<br>General funds|11<br>11|528,678<br>528,678|445,487<br>445,487|
|||528,678<br>528,678|445,487<br>445,487_|
|Total funds<br>Totalfunds||528,678<br>528,678|4453487<br>445,487|



> These These accounts accounts have have been been prepared prepared in[in] accordance accordance with with the the special special provisions provisions of of Part Part 15 15 of[of] the the Companies Companies 

> Act Act 2006 2006 relating relating to to small small companies. companies. 

> For For[the] the year year ended ended 30 30 June June 2025 2025 the the company company was was entitled entitled to to exemption exemption under under section section 477 477 of of the the Companies Companies[Act] Act[2006] 2006 relating[relating] to[to] small[snoall] companies. companies, 

> The The members members have have not not required required the the company company to to obtain obtain an an audit audit in in accordance accordance with with section section 476 476 of of the the Companies Companies[Act] Act 2006. 2006 

> The The directors directors acknowledge acknowledge their[their] responsibilities responsibilities for[for] complying complying with with the the requirements requirements of[of] the the Companies Companies Act Act 

> 2006 2006[with] with respect respect to[to] accounting accounting records[records] and and the[the] preparation preparation of of accounts. accounts. Approved Approved[by] by[the] the[board] board on on 26 26 March March 2026. 2026k 

> And And signed signed on on its its behalf behalf by:[by:] 

Vipulkumar Vipulkumar Kyada[l<yada] Trustee Trustee 26 26 March March 2026 2026 

Page Page[7] 7 



Swaminarayan Swaminarayan Gurukul Gurukul Rajkot Rajkot Statement Statement[of] of Cash Cash flows flows for for the the year year ended ended 30 30 June June 2025 2025 

||2025<br>2025|2024<br>2024.|
|---|---|---|
||E<br>£|£|
|Cash flows from operating activities<br>Cash flows from operating activities|||
|Net income per Statement of Financial Activities<br>Net income per Statement of Financial Activities|83,191<br>83,191|60/320<br>60,320|
|Adjustments for:<br>Adjustments for:|||
|Depreciation of property, plant and equipment<br>Depreciation of property, plant and equipment|8,321<br>8,321|8,321<br>8,321|
|Net cash provided by operating activities<br>Net cash provided by operating activities|91,512<br>91,512|68,641<br>68,641|
|Cash flows from investing activities<br>Cash flows from investing activities|||
|Payments for property, plant and equipment<br>Payments for property, plant and equipment|(33,087)<br>(33,087)|-|
|Net cash used in investing activities<br>Netcash used in investing activities|(33,087)<br>(33,087)|ery|
|Cash flows from financing activities<br>Cash flows from financing activities|||
|Repayment of borrowings<br>Repayment of borrowings|(70,000)<br>(70,000)|(127,000)<br>(127,000)|
|Net cash used in financing activities<br>Net cash used in financing activities|(70,000)<br>—__(70,000)|(127,000)<br>__(127,000)|
|Net decrease in cash and cash equivalents<br>Net decrease in cash and cash equivalents|(11,575)<br>(11,575)|(58,359)<br>(58,359)|
|Cash and cash equivalents at the beginning of the year<br>Cash and cash equivalents at the beginning ofthe year|116,658<br>116,658|175,017<br>175,017|
|Cash and cash equivalents at the end of the year<br>Cash and cash equivalents at the end ofthe year|105,083<br>105,083|116,658<br>"116,653|
|Components of cash and cash equivalents<br>Components of cash and cash equivalents|||
|Cash and bank balances<br>Cash and bank balances|105,083<br>105,083|116,658<br>116,658|
||105,083|116,658|



> Page Page 8[8] 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot[Rajkot] Notes Notes to to the[the] Accounts Accounts for for the the year year ended ended 30 30 June June 2025 2025 1 1 Accounting Accounting policies policies Basis Basis[of] of preparation preparation The The financial financial statements statements have have been been prepared prepared in in accordance accordance with with Accounting Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of[of] Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing their their accounts accounts in[in] accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS 102) 102) (effective (effective 1 1 January January[2015)] 2015) - (Charities (Charities SORP[SORP][(FRS] (FRS[102)),] 102)), the[the] Financial Financial Reporting[Reporting] Standard Standard applicable applicable in[in] the the UK UK and and Republic Republic of of treland Ireland (FRS (FRS 102) 102) and and the the Companies Companies Act Act 2006. 2006, Change Change[in] in basis basis of of accounting accounting or or to to previous previous accounts accounts There There has[has] been been no no change change to to the the accounting accounting policies[policies] (valuation (valuation rules[rules] and and method method of of accounting) accounting) since since last last year year and and no no changes changes have have been been made made to to accounts accounts for[for] previous previous years. years. 

|Fund accounting<br>Fund accounting||
|---|---|
|Unrestricted funds<br>Unrestricted funds|These are available for use at the discretion of the trustees in furtherance of the<br>These are available for use at the discretion of the trustees in furtherance ofthe|
||general objects of the charity.<br>general objects ofthe charity.|
|Designated funds<br>Designated funds|These are unrestricted funds earmarked by the trusteesfor particular purposes„<br>These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation funds<br>Revaluation funds|These are unrestricted funds which include a revaluation reserve representing the<br>—These are unrestricted funds which include a revaluation reserve representing the|
||restatement of investment assets at their market values,<br>restatement of investment assets at their market values.|
|Restricted funds<br>Restricted funds|These are available for use subject to restrictions imposed by the donor orthrough<br>These are available for use subject to restrictions imposed by the donor orthrough|
||terms of an appeal.<br>terms of an appeal.|
|Income<br>Income||
|Recognition of<br>Recognition of|Income is included in the Statement of Financial Activities (SOFA) when the charity<br>Income is included in the Statement of Financial Activities (SoFA) when the charity|
|income<br>income|becomesentitled to, and virtually certain to receive, the income and the amount of<br>becomes entitled to, and virtually certain to receive, the income and theamount of|
||the income can be measured with sufficient reliabilityx<br>the income can be measured with sufficient reliability.|
|Income with related<br>Income with related|Where income has related expenditure the income and related expenditure is<br>Where income has related expenditure the income and related expenditure is|
|expenditure<br>expenditure|reported gross in the SoFA.<br>reported gross in the SoFA.|
|Donations and<br>Donationsand|Voluntary income received by way of grants, donations and gifts is included in the<br>Voluntary income received by way ofgrants, donations and gifts is included in the|
|legacies<br>legacies|the SOFA when receivable and only when the Charity has unconditional<br>the SoFA when receivable and only when the Charity has unconditional|
||entitlement to the income.<br>entitlement to the income.|
|Tax reclaims on<br>Tax reclaims on|Income from tax reclaims is included in the SOFA at the same time as the<br>Income from tax reclaims is included in the SoFA at the same time as the|
|donations and gifts<br>donations and gifts|gift/donation to which it relates.<br>gift/donation to which it relates.|
|Donated services<br>Donated services|These are only included in income (with an equivalent amount in expenditure)<br>These are only included in income (with an equivalentamount in expenditure)|
|and facilities<br>and facilities|where the benefit to the Charity is reasonably quantifiable, measurable and<br>where the benefit to the Charity is reasonably quantifiable, measurable and|
||material,<br>material.|
|Volunteer help<br>Volunteer help|The value of anyvolunteer help received is not included in the accounts.<br>The value ofany volunteer help received is not included in the accounts.|
|Investment income<br>Investment income _|This<br>IS included in the accounts when receivable.<br> This is included in the accounts when receivable.|
|Gains/(losses) on<br>Gains/(losses) on|Thisincludes any gain or loss resulting from revaluing investments to market value<br>This includes any gain or loss resultingfrom revaluing investments to marketvalue|
|revaluation of fixed<br>revaluation offixed|at the end of the year.<br>at the end ofthe year.|
|assets<br>assets||
|Gains/(losses) on<br>Gains/(losses) on|This includes any gain or loss on the sale of investments.<br>This includes any gain or loss on the sale of investments.|
|investment assets<br>investmentassets||



> Page Page[9] 9 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Notes Notes to to[the] the Accounts Accounts 

Expenditure Expenditure Recognition Recognition of of Expenditure Expenditure is[is] recognised[recognised] on on an an accruals[accruals] basis. basis. Expenditure Expenditure includes includes any any VAT VAT which[ which] expenditure expenditure cannot cannot[be] be fully fully recovered,[recovered,] and[and] is[is] reported[reported] as as part part of[of] the[the] expenditure expenditure to to which[which] it[it] relates. relates. Expenditure Expenditure on on These These comprise comprise the the costs costs associated associated with with attracting attracting voluntary voluntary income, income, fundraising fundraising raising raising funds funds trading trading costs costs and and investment investment management management costs. costs. Expenditure Expenditure on on These These comprise comprise the the casts costs incurred incurred by by the the Charity Charity in in the the delivery delivery of of its its activities activities and and charitable activities charitable activities services services[in] in the[the] furtherance furtherance of[of] its[its] objects, objects, including including the the making making of of grants grants and and governance governance costs.[costs.] Grants Grants payable payable All All grant grant expenditure expenditure[is] is accounted accounted for for on on an an actual actual paid paid basis[basis] plus plus an an accrual accrual for[for] grants grants that[that] have have been been approved approved by the[by] the trustees trustees at at the the end end of of the[the] year year but but not not yet yet paid paid. Governance Governance costs costs ‘These These[include] include those those costs costs associated associated with with meeting meeting the the constitutional constitutional and and statutory statutory requirements requirements of[of the] the Charity,[Charity,] including including any any audit/independent audit/independent examination examination fees, fees, costs costs[linl<ed] linked to to the the strategic[strategic] management management of of the the Charity, Charity, together together with with a a share share of[of] other other administration administration costs. costs. Other Other expenditure[expenditure] | These These are are support support costs costs not not allocated allocated to to a a particular particular activity. activity, 

## Taxation Taxation 

> The The charity charity is is exempt exempt from from corporation corporation tax tax on on its its charitable charitable activities. activities, 

> Tangible Tangible fixed fixed assets assets and and depreciation depreciation 

> Depreciation Depreciation is is provided provided at at the the following following annual annual rates rates in in order order to to write write off off each each asset asset over over its its estimated estimated useful useful life: life: 

> Freehold Freehold property property 2% 2% Straight Straight line line 

Freehold Freehold[investment] investment property property Investment Investment[properties] properties are are measured measured initially initially at[at] cost cost and[and] subsequently subsequently at[at] fair[fair] value value at[at] each each balance balance sheet sheet date date and and are are not not depreciated. depreciated, All All gains gains or or losses losses are are taken taken to to the the Statement Statement of of Financial Financial Activities Activities as as they they arise. arise. 

Stocks Stocks Stock Stock is[is] included included at at the the lower lower of cost of cost or or net net realisable realisable value. value. Donated Donated items items of of stock stock are are recognised recognised at at fair fair value value which which is is the the amount amount the the charity charity would would have have been been willing willing to to pay pay for for the the items items on on the the open open market. market. 

Trade Trade and and other other debtors debtors Trade Trade and and other other debtors debtors are are recognised recognised at at the the settlement settlement amount amount due due after[after] any any trade trade discount discount offered. offered. Prepayrnents Prepayments are are valued valued at[at][the] the amount amount[prepaid] prepaid net[net] of[of] any any trade trade discounts[discounts] due.[due.] 

## Cash Cash and and cash[cash] equivalents[equivalents] 

> Cash Cash and and cash cash equivalents equivalents comprise comprise cash cash at at bank bank and and on on hand, hand, demand demand deposits deposits with with banks banks and and other other 

> shortwterm short-term highly highly[liquid] liquid investments investments with with original[original] maturities maturities of of three three months months or or less less and and bank bank overdrafts. overdrafts. 

> In In the the statement statement of of financial financial position, position, bank bank overdrafts overdrafts are are shown shown within within borrowings borrowings or or current current liabilities. liabilities, 

> In In the the Statement Statement of of Cash Cash Flows, Flows, cash cash and and cash cash equivalents equivalents are are shown shown net net of of bank banl< overdrafts overdrafts that that are are repayable repayable on on demand demand and and form form an an integral[integral] part part of[of the] the company's company's cash[cash] management. management. 

> Page Page 10 10 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Notes Notes to to[the] the Accounts Accounts Trade Trade and and other other creditors creditors Short Short term term creditors creditors are are measured measured at[at][the] the transaction transaction price. price. Other Other creditors creditors and and provisions provisions are are recognised recognised where where[the] the charity charity has[has] a a present present obligation obligation resulting resulting from from a a past past event event that[that] will will probably probably result result in[in] the the transfer transfer[of] of funds funds to to a a third third party party and and the the amount amount due due to to settle settle the the obligation obligation can can be be measured measured or or estimated estimated reliably, reliably. Creditors Creditors and[and] provisions[provisions] are are normally normally recognised recognised at at their their settlement settlement amount amount after after allowing allowing for[for] any any trade trade discounts discounts due. due. Research Research and and development development Expenditure Expenditure on on research[research] and[and] development developrnent is[is] written written off[off] in[in] the[the] year year in[in] which which it it is is incurred. incurred. 

> Foreign Foreign currencies currencies 

> Monetary Monetary assets assets and[and] liabilities liabilities denominated denominated in[in] currencies[currencies] other other than than the[the] functional functional currency currency of of the the charity charity are are translated[translated] at[at] the[the] rates rates[of] of exchange exchange prevailing prevailing at[at] the[the] end end of[of the] the reporting reporting period. period. Transactions Transactions[in] in[currencies] currencies other other[than] than[the] the functional functional currency currency of[of] the[the] charity charity are are recorded recorded at[at] the[the] rate[rate] of[of] 

> exchange exchange on on the the date date that that the the transaction transaction occurred. occurred. 

> All All exchange exchange differences differences are are are are taken taken into[into] account account in in arriving arriving at at net net income/expenditure. income/expenditure. 

Leased Leased assets assets Where Where[the] the charity charity enters enters into into a a lease lease which which entails entails taking[tal<ing] substantially substantially all all the the risks risks and and rewards rewards of of ownership ownership[of] of an an asset, asset, the the lease lease is is treated treated as as a a finance finance lease. lease. Leases Leases which which do do not not transfer transfer substantially substantially all all the the risks risl<S and and rewards rewards of of ownership ownership to to charity charity are are classified classified as as[operating] operating leases.[leases.] Assets Assets held held under under[finance] finance leases leases are are initially initially recognised recognised as as assets assets[of] of the the charity charity at at their[their] fair fair value value at at the[the] inception inception of of the the lease lease or, or, if if lower, lower, at at the the present present value value of of the the minimum minimum lease lease payments. payments. The The corresponding corresponding liability liability to[to][the] the lessor lessor is[is] included[included] in[in] the[the] balance balance sheet sheet date[date] as as a a finance[finance] lease lease obligation. obligation. Lease Lease payments payments are are apportioned apportioned between between finance finance expenses expenses and and reduction reduction of of the the lease lease obligation obligation so so as as to to achieve achieve a a constant constant rate rate of of interest interest on on the the remaining remaining balance balance of[of] the the liability. liability. Finance Finance expenses expenses are are recognised recognised immediately, immediately, unless unless they they are are directly[directly] attributable attributable to to qualifying qualifying assets, assets, in in which which case case they they are are capitalised capitalised in[in] accordance accordance[with] with the[the] charity's charity's policy policy on on borrowing borrowing costs. costs. Assets Assets held held under under finance finance leases leases are are depreciated depreciated in in the the same same way way as as owned owned assets. assets. Operating Operating[lease] lease payments payments are are[recognised] recognised as as an an expense expense on on a a Straight-line straigheline basis[basis] over over the the lease lease term. term. In In the the event event that that lease lease incentives incentives are are received received to to enter enter into into operating operating leases, leases, such such incentives incentives are are recognised recognised as a as a liability. liability. The The aggregate aggregate[benefit] benefit of[of] incentives incentives is is recognised recognised as as a a reduction reduction of of rental rental expense expense on on a a straight-line[straight-line][basis,] basis. Pension Pension costs costs The The charity charity operates operates a a defined[defined] contribution contribution plan plan for for its its employees. employees. A A defined defined contribution contribution plan plan is is a a pension pension plan plan under under which which the the company company pays pays fixed fixed contributions contributions into into a a separate separate entity. entity, Once Once the the contributions contributions[have] have[been] been paid[paid][the] the company company[has] has no no further further payments payments obligations. obligations, The The contributions contributions are are recognised recognised as as expenses expenses when they when they fall fall due. dues Amounts Amounts not not paid paid are are shown shown in in accruals accruals in in the the balance balance sheet. sheet, The The assets assets of of the the plan plan are are held held separately separately from from the the company company in in independently independently administered administered funds. funds. Receipt Receipt of[of] donated donated goods, goods, facilities facilities and[and] services services All All donated donated goods, goods, facilities facilities and and services services received received are are recognised recognised within within incoming incoming resources resources and and expenditure expenditure at[at] an an estimate estimate[of] of the[the] value value to to the[the] charity.[charity.] 

> Page Page 11 11 



> Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Notes Notes to to the[the] Accounts Accounts 

> 2 2 Company Company status status 

> The The company company is is a a private private company company limited limited by by guarantee guarantee and and consequently consequently does does not not have have share share capital. capital. 

> 3 3 Statement Statement of[of] Financial Financial Activities Activities - prior prior year year 

|3<br>Statement [of] Financial Activities<br>prior year<br>3<br>Statement of Financial Activities - prior year|||||
|---|---|---|---|---|
|||Unrestricted<br>Unrestricted|||
||||funds<br>funds|Total funds<br>Total funds|
||||2024<br>2024|2024<br>2024|
||||Pe|£|
|Income and endowments from:<br>Income and endowments from:|||||
|Donations and legacies<br>Donations and legacies|||137,526<br>137,526|137,526<br>137,526|
|Total<br>—||——|137,526|137,526<br>To|
|Expenditure on:<br>Expenditure on:|||||
|Charitable activities<br>Charitable activities|||26,720<br>26,720|26,720<br>26,/20|
|Other<br>Other|||50,486<br>50,486|50,486<br>50,486|
|Total|||77,206|77,206|
|Net income|||60,320|60,320|
|Netincome before other<br>Net income before other|||60,320<br>60,320|60,320<br>60,320|
|gains/(losses)<br>gains/(losses)|||||
|Other gains and losses:<br>Other gains and losses:|||||
|Net movement in funds<br>Net movement in funds||60,320<br>60,320||60,320<br> ~—-60,320|
|Reconciliation of funds:<br>Reconciliation of funds:|||||
|Total funds brought forward<br>Total funds brought forward|||3858167<br>385,167|385,167<br>385,167|
|Total funds carried forward<br>Totalfundscarried forward||445,487<br>«445,487||445,487<br> 445,487|
|4<br>Income from donations and legacies<br>4<br>incomefrom donations and legacies|||||
||Unrestricted<br>Unrestricted||Total<br>Total|Total<br>Total|
|||_|2025<br>2025|2024<br>2024|
||£||£|£|
|General donations<br>General donations|133,803<br>133,803|133,803<br>133,803||137,526<br>137,526|
||133,803<br>133,803|133,803<br>133,803||137,526<br>137,526|
|5<br>Expenditure on charitable activities<br>5<br>Expenditure on charitable activities|||||
||Unrestricted<br>Unrestricted||Total<br>Total|Total<br>Total|
||||2025<br>2025|2024<br>2024|
||£||£|£|
|Expenditure on charitable<br>Expenditure on charitable|||||
|activities<br>activities|||||
|Charitable activities<br>Charitable activities|14,068<br>14,068||14,068<br>14,068|26,720<br>26,720|
|Governance costs<br>Governance costs|||||
||14,068<br>14,068||14,068<br>14,068|26,720<br>26,720|



> Page Page[12] 12 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Notes Notes to to[the] the Accounts Accounts 

|6<br>6|Other expenditure<br>Other expenditure|||||
|---|---|---|---|---|---|
|||Unrestricted<br>Unrestricted||Total<br>Total|Total<br>Total|
|||||2025<br>2025|2024<br>2024|
|||£||E<br>£|E<br>£|
||Motor and travel costs<br>Motor and travel costs|4,602<br>4,602||4,602<br>4,602|3,955<br>3,955|
||Premises costs<br>Premises costs|22,506<br>22,506||22,506<br>22,506|27,361<br>27,361|
||Amortisation, depreciation,<br>Amortisation, depreciation,|||||
||impairment, profit/loss on<br>impairment, profit/loss on|8,321<br>8,321||8,321<br>8,321|8,321<br>8,321|
||disposal offixed assets<br>disposal offixed assets|||||
||General administrative costs<br>General administrative costs|515<br>515||515<br>BLS:|1,982<br>1,982|
||Legal and professional costs<br>Legal and professional costs|600<br>600||600<br>600|8,867<br>8,867|
|||36,544<br>36544|~~|36,544|50,486<br>50,486|
|7<br>7|Net income beforetransfers<br>Net income before transfers|||||
|||2025<br>2025|||2024<br>2024.|
||This is stated after charging:<br>This is stated after charging:|£|||ec|
||Depreciation of owned fixed assets<br>Depreciation ofowned fixed assets|8,321<br>8,321|||8,321<br>8,321|
|8<br>8|Staff costs<br>Staff costs|||||
||No employee received emoluments in excess of €60,000.<br>No employee received emoluments in excess of£60,000.|||||
|9<br>9|Tangible fixed assets<br>Tangible fixed assets|||||
|||||£|£|
||Cost or revaluation<br>Cost or revaluation|||||
||At 1 July 2024<br>At 1 July 2024|||832,071<br>832,071|832,071<br>832,071|
||Additions<br>Additions|||33,087<br>33,087|33,087<br>33,087|
||At 30 June 2025<br>At 30 June 2025||865,158<br>865,158<br>-_||865,158<br>865,153<br>:|
||Depreciation and<br>Depreciation and|||||
||impairment<br>impairment|||||
||At 1 July 2024<br>At 1 July 2024|||16,642<br>16,642|16,642<br>16,642|
||Depreciation charge for the<br>year<br>Depreciationchargeforthe<br>year|||8,321<br>8,321|8,321<br>8,321|
||At 30 June 2025<br>At 30June 2025||24,963<br>24,963||24,963<br>24,963|
||Net book values<br>Net book values|||||
||At 30 June 2025<br>At 30 June 2024<br>At 30June 2025<br>At30June 2024||840/195<br>815,429<br>840,195<br>815,429<br>a||840,195<br>815,429<br>840,195<br>815,429|
|10<br>10|Creditors:<br>Creditors:|||||
||amounts falling due within one year<br>amounts falling due within one year|||||
|||2025<br>2025|||2024<br>2024|
|||£|||£|
||Other loans<br>Other loans|416,000<br>416,000|||486,000<br>486,000|
||Accruals<br>Accruals|600<br>600|||600<br>600|
|||416,600|||486,600|



> Page Page 13 13 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot Rajkot Notes Notes to to[the] the Accounts Accounts 11 11 Movement Movement in in funds funds 

|11 <br>11|Movement in funds<br> Movement in funds|||||
|---|---|---|---|---|---|
||||Incoming<br>Incoming|||
||||resources<br>resources|||
||||(including<br>(including|Resources<br>Resources|At 30 June<br>At 30 June|
||||other<br>other|expended<br>expended|2025<br>2025|
|||At<br>July<br>Atiluly|gains/losses<br>— gains/losses|||
|||2024<br>2024|)|||
||||£|£|£|
||Restricted funds:<br>Restricted funds:|||||
||Unrestricted funds:<br>Unrestricted funds:|||||
||General funds<br>General funds|445,487<br>445,487|133,803<br>133,803|(50,612)<br>(50,612)|528,678<br>528,678|
|12<br>12|Total funds<br>Analysis of net assets between funds<br>Total funds<br> Analysis of net assets between funds|445,487<br>445,487.|13<br> 133,803.|-4504642)<br> ____(50,612)|528 678<br> __528,678_|
|||||Unrestricted<br>funds<br>Unrestricted<br>funds|Total<br>Total|
|||||£|f|
||Fixed assets<br>Fixed assets|||840,195<br>840,195|840,195<br>840,195|
||Net current assets<br>Net current assets|||(311,517)<br>(311,517)|(311,517)<br>(311,517)|
|||||_S2b678_<br>me<br>28,678_|528 678<br> ___528,678|
|13 <br>13|Reconciliation of net debt<br>Reconciliation of net debt|||||
||||At 1 July<br>At 1 July||At 30 June<br>At 30 June|
||||2024<br>2024|Cash flows<br>Cash flows|2025<br>2025|
||||£|£|£|
||Cash and cash equivalents<br>Cash and cash equivalents||116,658<br>116,658|(11,575)<br>(11,575)|105,083<br>105,083|
||||116,658<br>116,658|(11,575)<br>(11,575)|105,083<br>105,083|
||Borrowings<br>Borrowings||(486,000)<br>(486,000)|70,000<br>70,000|(416,000)<br>(416,000)|
||||(486,000)<br>(486,000)|70,000<br>70,000|(416,000)<br>(416,000)|
||Net debt<br>Netdebt||Ä(369 342)<br>(369,342)|58a425<br>____58.425_|__(310,917)|



> 14 14 Related Related party party disclosures disclosures 

Controlling Controlling party party 

> The The company company is[is] limited limited[by] by guarantee guarantee and and has has no no share share capital; capital; thus thus no no single[single] party party controls controls the the company. company, 

> Page Page[14] 14 



Swaminarayan Swaminarayan Gurukul[Gurukul] Rajkot[Rajkot] Detailed Detailed Statement Statement of of Financial Financial Activities Activities for for the the year year ended ended 30 30 June June 2025 2025 

|for the year ended 30 June 2025<br>for the year ended 30 June 2025||||
|---|---|---|---|
||Unrestricted<br>Unrestricted|||
||funds<br>funds|Total funds<br>Totalfunds|Totalfunds<br>Total funds|
||2025<br>2025|2025<br>2025|2024<br>2024|
||E<br>£|£|E<br>£|
|Income and endowments from:<br>income and endowments from:||||
|Donations and legacies<br>Donationsand legacies||||
|General donations<br>General donations|133,803<br>133,803|133,803<br>133,803|137,526<br>137,526|
||133,803|133,803|137,526|
|Totalincome and endowments<br>Total income and endowments|133,803<br>133,803|133,803<br>133,803|137,526<br>137,526|
|Expenditure on:<br>Expenditure on:||||
|Charitable activities<br>Charitable activities||||
|Charitable activities<br>Charitable activities|14,068<br>14,068|14,068<br>14,068|26/720<br>26,720|
||14,068<br>14,068|14,068<br>26,720<br> ~=—-14,068 ~=——«26,720||
|Total ofexpenditure on charitable<br>activities<br>Total ofexpenditure on charitable<br>activities|14,068<br>14,068|14,068<br>14,068|26,720<br>26,720|
|Motor and travel costs<br>Motor and travel costs||||
|Travel and subsistence<br>Travel and subsistence|4,602<br>4,602|4,602<br>4,602|3,955<br>3,955|
||4,602<br>“4602|4/602<br>3,955<br>~=—«4,602,395||
|Premises costs<br>Premises costs||||
|Rent<br>Rent|19,923<br>19,923|19,923<br>19,923|20,740<br>20,740|
|Light/ heat and power<br>Light, heat and power|1,263<br>1,263|1,263<br>1,263|877<br>877|
|Premises repairs and<br>maintenance<br>Premises repairs and<br>wsiniorcace|1,320<br>1,320|1,320<br>1,320|5,744<br>5,744|
||22,506<br>22,506<br>27/361<br>~~ 22,506 «22,506 ~—-27,361~<br>OO<br>_|||
|General administrative costs,<br>General administrative costs,||||
|including depreciation and<br>including depreciation and||||
|amortisation<br>amortisation||||
|Depreciation of land and<br>buildings<br>Depreciation of land and<br>buildings|8,321<br>8,321|8,321<br>8,321|8,321<br>8,321|
|Bank charges<br>Bank charges|78<br>78|78<br>78|418<br>418|
|General insurances<br>General insurances|311<br>311|311<br>311|1,292<br>1,292|
|Subscriptions<br>Subscriptions|47<br>47|47<br>47|-|
|Telephone, fax and broadband<br>Telephone, fax and broadband|79<br>79|79<br>79|272<br>Zhe|
||8,836<br>8,836<br>10/303<br>8836 —t—ié«é«83GS—~S*=«d,303=<br>ee|||
|Legal and professional costs<br>Legal and professional costs||||
|Audit/lndependent examination<br>fees<br>Audit/Independent examination<br>fees|600<br>600|600<br>600|600<br>600|
|Solicitor's fees<br>Solicitor's fees|-|-|8,267<br>8,267|
||600<br>~600|600<br>600|8,867<br>8,867_|
|Total ofexpenditure of other costs<br>Total of expenditure of other costs|36,544<br>36,544|36,544<br>36,544|50,486<br>50,486|
|Total expenditure<br>Total expenditure|50,612<br>50,612|50,612<br>50,612|77,206<br>77,206|
|Net gains on investments<br>Netgainsoninvestments|-|-|=|



> Page Page 15 15 



> Swaminarayan Swaminarayan Gurukul Gurukul Rajkot[Rajkot] 

> Detailed Detailed Statement Statement of of Financial Financial Activities Activities 

|Net income<br>;<br>Net income||83,191<br>83,191|83,191<br>83,191|60,320<br>60,320|
|---|---|---|---|---|
|Net income beforeother<br>gains/(losses)<br>Net income before other<br>.<br>gains/(losses)||83,191<br>83,191|83,191<br>83,191|60,320<br>60,320|
|Other Gains<br>Other Gains||-|-|-|
|Net movement in funds<br>Net movement in funds|it|83,191<br>83,191|83,191<br>83,191|60,320<br>60,320|
||if||||
|Reconciliation of funds:<br>Reconciliation of funds:|i||||
|Total funds brought forward<br>Total funds brought forward|:|445,487<br>445,487|445,487<br>445,487|385,167<br>385,167|
|Total funds carried forward<br>Totalfundscarriedforward||528,678<br>528,678|528,678<br>528,678|445,487<br>445,487|



> Page Page 16 16