CHARITY REGISTRATION NUMBER: 1159887
Oshwal Elderly Welfare Association CIO
Unaudited Financial Statements
31 December 2024
MALDE & CO
Chartered Certified Accountsnts
99 Kenton Road
Kenton Harrow
Middlesex
HA3 OAN

Oshwal Elderly Welfare Association CIO
Financial Ststements
Year ended 31 December 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not forn) part ofthe financial statements
Detailed statement of financial activities
16
Notes to the detailed ststement of financial activities
17

Oshwal Elderly Welfare Association CIO
Trustees. Annual Report
Year ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31 December 2024.
Reference and admlnlstrative details
Registered charlty name
Oshwal Elderly Welfare Association CIO
1159887
Charity registratlon number
Princlpal office
70 St Edmunds Drive
Stanmore
Middlesex
HA7 2AU
The trustees
Mrs Bina S. Sh8h-Chairp&rson
Dr Dinesh P. Shah- Treasurer
Mrs Urmila D. Shah
Mr Sobhagchand D. Shah
Mrs Vasantiben D. Shah
Mr Jayantilal M. Shah
Mr Rasik Kari8
Mrs Manjula Kana
(Appointed 22 July 2024)
(Appointed 22 July 2024)
(Retired 22 July 2024)
(Retired 22 July 2024)
Charlty secretary
Mr Sobhagchand D Shah
Advisors to Trustees
Mr Jayantilal M Shah
Mr Dhiraj F Shah
Independent examlner
Malde & Co
99 Kenton Road
Kenton Harrow
Middlesex
HA3 OAN

Oshwal Elderly Welfare Association CIO
Trustees. Annual Report (¢ontlnued)
Year ended 31 December 2024
Structure, govemance and management
OEWA CIO is a charitable incorporated organisation and is govemed by a constitution dated 12
January 2015.
Membershlp
Membership is open to persons aged 50 or above who are interested in furthering the purpose of
OEWA CIO. The purpose of OEWA CIO is to improve the wèlfare of elderly people by involving them
in social and leisure activities, helping them to make and maintain friendships and providing them with
inform8tion about their mental and physical health.
Membership runs from January to December. The membership fee is £25 for years. For any
members joining in the middle of the ye8r, the membership fee is £1 per rem8ining month for that year
plus £25 for the following two years. The advantage of becoming member are discounted rates to our
popular events and the opportunity to register for OEWA CIO organised holidays.
OEWA CIO has appointed charrty trustees to manage the affairs of the CIO 8nd may for that purpose
exercise all the powers of the CIO. Details of all trustees that held office during the year is found on
page 1.
The eligibiltty criteria to become a trustee of OEWA CIO are..
1. The trustee must be 8 natural person
2. Must be 8g8d 50 years or over
3. Must be a member of OEWA CIO for last 5 years consecutively and can actively take responsibility
of smooth running of the Organisation.
At every annual general meeting of the members of the CIO, one-third of the charity trustees shall
retire from office.
At the AGM on 22 July 2024, two Trustees, namely Mrs Manjulaben Kari8 and Mrs Urmi18 Shah
retired and were not re-èlected. Two Trustees were e18Cted by Members in accordance with the
required procedure. These were Mr Dineshbhai Shah and Mrs Binaben Shah.
The Charity Commission has been advised accordingly.
Objectives and actlvttie8
The objects of OEWA CIO are. for the public benefit, to relieve isolation and sickness and poor health
amongst elderfy people of Indian origin, in particular, but not exclusively. by:
1. Arranging social and leisure activities,.
2. Providing activities. services and facilities designed to meet their welfare needs,. and
3. Providing infomation about other organisations which provide such activities, services and facilities.

Oshwal Elderly Welfare Association CIO
Trustees. Annual Report (contlnued)
Year ended 31 December 2024
Achlevements and performance
In September 2024, OEWA CIO was shortlisted from 300 nominatlons as a flnalisl for the prestigious
Harrow's Heroes Award. This is wonderful testament to the passion, hard work and dedication that
OEWA CIO commits to caring for ils community, We are so thankful to our volunteers and our
Members for their support, patience and encouragement. On 11th September 2024, Shashibhai,
Rasikbhai and Manjulaben collect6d awards certificate that honoured this achievement.
OEWA CIO held a number of interesting and lively events for members..
1. 15 Jai?uary 2024.. Celebrating Utlarayan Kile Festival
Members celebrated Utlarayan by listening lo an informative PowerPoint presentation about the
festival, playing with bright and colourful kites, and dancing to beautiful live music.
2. 25 March 2024.. Double Dhamaka Gelebrating Holi and Mother's Day
A beautiful display of Holi with Vibrant Colours. Members enjoyed listening to the story of Holi
and dancing to the sweet melodies of Holi songs and throwing colourful confetti at each other
when dancing. In th8 aftemoon there were lovely Motherfs Day cel8bration songs.
3. 29 April 2024.. T￿bUt8 to Raj Kapcor, the g￿atest showman of Indian Cinem8.
A beautiful powerpoint display of his life and his great contribution to Indian Cinema. Members
danced to all the famous lilting songs from his most popular films.
4. 3 June 2024 .' 8hajans and Fathers Day together with a presentation by Narayan Seva Sansthan
UK. Members listened and joined in beautiful bhajans followed by a talk and short video by
Narayan Seva. There was a huge generous donation of sarees by our Members towards Samu
Lagans carried out In Ind18 by Narayan Seva. Awesome Songs were dedicated to 811 the fathers
and all fathers were appreciated and honoured.
5. 22 July 2024." AGM and Bollywood Zumba
After the AGM, members had a fantastic Bollywood Zumba session with Satishbhai Shah.
6. 27 August 2024.. India s Independence Day
Members were welcomed with India flags, hals and badges and everyone dressed in the colours
of the Indian flag- orange, white and green. EntertaSnment included a deeply moving presentation
on the story of India's struggle for Independence and b8autiful live performances of
Independence Day songs. In the afternoon Raksha bandhan and Janmashtml songs were
played.
7. 23 September 2024.. Navratri Speual
Members celebrated Navratri by playing Raas Garba. taking part in the 8artl and listening to a
Powerpoint presentation on the story of Navratri.In the aftemoon Ganesh Chalurthi was
celebrated.
8. 1 l November 2024.. Diwali Celebrations
M&mbers were given divas 8nd were all encouraged to join in various diva dances. Members
also enjoyed a PowerPoint Presentation on the ever popular Hindu Diw81i Story of Ram and Sita.
As a special treat, our members enjoyed barfi made by the Trustees. In the aftemoon members
enjoyed playing dandiya, and members who were disabled or unable to walk comfortably were
encouraged to take part by playing whilst sitting on their chairs.
9. 16 December 2024.. Christmas Celebration
Members were given special Christmas tree biscuits, listened to the Chrisimas Story and joined
in singing Christmas carols. Special Christmas mince pies were made for the members.

Oshwal Elderly Welfare Association CIO
Trustees. Annual Report (contlnuedj
Year ended 31 December 2024
Members enjoyed the following day trips and holidays..
1. Febniary-march 2024.. Kolkata, East India with Odisha Tour
Members enjoyed a 19 day tour of the spectacular sights of Kolkata, Gangtok, Yangyang,
Palling, Darjeeling. Silliguri and Bh8bhaneswar.
2. 5 May 2024." Exbury Gardens/ Steam Railway
Membars enjoyed a day trip exploring the picturesque Exbury Gardens.
3. Juty 2024.. Norfolk LavenderBroads two day trip
Members enjoyed a steam train adventure through the picturesque Norfolk and a relaxing cruise
on the beautiful Norfolk Broads. Next day, Members visited the Lavender Fields followed by
Aftemoon Cream tea.
4. July-August 2024.. Cruise HOl￿aY to I￿land and NoNay
Members enjoyed relaxing on the cruise. visited Belfast Highlights and Titanic Experien￿,
Iceland Capital Reykjavik, Isafiordan, Akurveri and Alesund and Skolden in No￿aY.
Financlal review
OEWA CIO satisfies the criteria for the exemption from an audit of the financial statements.
The result for the period are set out in the financial statements. The net incoming resource for the
period was £60.318 and the amount attributable to unrestricted fvnds now stands at £497,128.
Reserve pollcy
Bearing in mind the aims and objects of the charity, the trustees ensure that unrestricted funds are not
invested in fixed and long-term assets, which would stall the progress of the actlvities. The trust8es
together with the treasurer are aware that OEWA CIO is holding a large reserve and regularly monitor
the situation for any unenvisaged event and ensure that there are adequate free reserves av8ilable for
the general pU￿oSe of OEWA CIO.
KPS Hall Fee
KPS Hall significantly increased hire charges in 2024.
Finally, we would lik8 to thank our members for their continual support. Without our members we
would not be able to run OEWA CIO. So a big great THANK YOU to all our members. We ask for
forgiveness if knowingly or unknowingly we have hurt anybody's feelings.
The trustees, annual report was approved on 6 May 2025 and signed on behalf of the board of
truslees by".
Mrs Bina S. Shah
Trusteelchairperson
Mr Sobhagchand D Shah
Charity Secretary

Oshwal Elderly Welfare Association CIO
Independent Examinerfs Report to the Trustees of Oshwal Elderly Welfare
Assoclation CIO
Year ended 31 December 2024
I report to the trustees on my examination of the financial statements of Oshwal Elderly Welfare
Association CIO ('the charity,) for the year ended 31 December 2024.
Responsiblllties and basls of report
As the trustees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Char(lies Act 2011 ('the Act,).
I report in respect of my examinatlon of the charity's financial statements carried out under section 145
of the 2011 Aci and in Carrying out my examination I have followed all the appllcable Directions given
by the Charity Commission under section 145151{b) of the Act.
Independent examlnerfs statement
I have comploted my examination. I confirm that no materi81 matters have come to my attention in
connection with the examination giving me Cause to belleve that in any meterial respect..
accounting records were not kept in respect of the charity as required by section 130 of the
Act., or
the financial Statements do not accord with those records; or
the fi'nancial statements do not comply with the applicable requiremanis concerning the
form and content of accounts set out in the Charitles (Accounts and Reports) Regulations
2008 other than any requirement that the accounts give a 'true and fairf view which is not a
matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examin8tion to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Malde & Co
Independeni Examiner
99 Kenton Road
Kenton Harrow
Middlesex
HA3 OAN
6 May 2025

Oshwal Elderly Welfare Association CIO
Statement of Flnancial Activities
Year ended 31 December 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Income
Donations and membership
Charitable activities
Investment income
20,728
74,950
8.675
3,748
24,476
74,950
8,675
108,101
10,040
43,035
6,368
Total income
104.353
3,748
59,443
Expenditure
Expenditure on charitable activities
Other expenditure
Total expenditure
44,006
29
3,748
47,754
32,291
44.035
3.748
47,783
32.291
Net Income and net movement in lunds
60,318
60,318
27.152
Reconclllatlon of funds
Total funds brought fornard
Total funds carrled forward
436,810
436,810
497,128
409,658
436,810
497.128
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 fomi part of these financial statements.

Oshwal Elderly Welfare Association CIO
Statement of Flnancial Posltion
31 December 2024
2024
2023
Note
Fixed assets
Tangible fixed 8SS8ts
13
1,955
2,158
Current assets
Debtors
Cash at bank and in hand
14
1,700
543,952
645,662
1,052
539,250
540,302
Credltors: amounts falling due withln one year
Net current assets
15
50,479
105,650
495,173
497.128
434,652
436,810
Total assets less current Ilabilitles
Net assets
497,128
436,810
Fund8 of the chartty
Unrestricted funds
497,128
497.128
436,810
436,810
Total charity funds
17
These financial statements were approved by the board of trustees and 8Uthorised for issue on
6 May 2025. and are signed on behalf of the board by:
Dr Dinesh P. Shah
Trusteerrreasurer
The notes on pages 8 to 14 fom part of these flnan¢ial statements.

Oshwal Elderly Welfare Association CIO
Notes to the Financial Ststements
Year ended 31 December 2024
General inforniatlon
The charity is a public benefi't entity and a regISte￿d charity in England and W8les an(J is
unincorporated. The address of the principal office is 70 St Edmunds Drive, Stanmore,
Middlesex, HA7 2AU.
ststement of compllance
These financial statements have been prepared in Complian￿ with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Pr&tice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP {FRS 102)) and the Charities Act 2011.
Accounting policies
Basis of preparation
The fin8ncial statements have been prepared on the histOriC81 cost basis, as modified by the
revaluation of certain finanoal assets and liabilities and investment properties measured at fair
value through income or expendrlure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on expèrience and other factors, including expectations
of fLrture events that are believed to be reasonable under the circumstances.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
general objectives of the charity and which have not been designated for other purposes.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or which
have been raised by the charity for a particular purpose. The cost of raising and administering
such funds are charged against the specific fund.
Incoming resources
All income is included in the statement of financial activities when entitlement has passed to the
charity, it is probable that the economic benefits associ8ted with the transaction will flow to the
charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the gift,
receipt is probable and its amount can be measured reliably.

Oshwal Elderly Welfare Association CIO
Notes to the Financial Ststements {conllnuedJ
Year ended 31 December 2024
Accounting policies {condnued)
Incoming resources (¢ontlnu6dJ
income from donated goods is measured at the fair value of the goods unless this is impractical
to measure reliably, in which case the valije is derived from the cost to the donor or the
estimated resale value. Donated facilities and serrfices are recognised in the accounts when
received if the value can be reliably measured. No amounts are included for the contribution of
general volunteer8.
Resources expended
Expenditure is recognised on an accruals basis as a liabiltty is incu￿ed. Expenditure includes
VAT, 8nd is classified under headings of the statement of financial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities and events.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries. Including those support
costs and costs relating to the governance of the ch8rlty apportloned lo charitable aclivilies. All
costs are allocated to expenditur6 categories reflocling the use of the resource. Direct costs
attributable lo a single activity are allocated directly lo that activity. Shared costs are 8PPOrtioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tanglble assets
Tangible assets are initially recorded at cost, and subsequently ststed at cost less any
accumulated depreciation and impaimient losses.
Depreclation
Depreciation is calculated so as to write off the cost or valuab'on of an asset, less its residual
value, over the useful economic lrfe of that asset as follows:
Equipment
25Yo reducing balance
Impalrment of fixed assets
A review for indicators of impairment is Ca￿led out at e8ch reporting date, with the recoverable
8mount being estimated where such indicators exist. Vthere the carrying value exceeds the
recoverable amount, the asset is impalred accordiroly. Prior impaiments are also reviewed for
possible reversal at each reporting dale.
For the purposes of impairnient testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the c8sh-
generating unit to which the asset belongs. The cash-generating unit is the smallest identiflable
group of assets that includes the asset and generates cash inflows that largely independent of
the cash inflows from other assets or groups of assets.

Oshwal Elderly Welfare Association CIO
Notes to the Financial Ststements (contlnuad)
Year ended 31 December 2024
Accounting pollcies {￿ntInued)
Flnanclal Instruments
A financi81 asset or a fi'nancial liability is recognised only when the entity becomes a party to th8
contr8Ctual provisions of the instrument.
Basic financi81 instruments are initially recognised at the amount receivable or parable including
any re18ted transaction costs, unless the arrangement constitutes a finsncing transaction, where
it is recognised at the present value of the future payments discounted at a market rate of
interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Donatlons and membership
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donatlons
Donats'ons
8,281
3,748
12,029
Subscriptions
Membership income
12,447
12,447
24,476
20.728
3,748
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donations
2,313
2,313
Subscrfptions
Membership income
7,727
7.727
10,040
10,040
Charitable actlvlties
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Luncheon collection
Administration fee for holidays
Local holidays
39,295
29,801
5,854
39,295
29,801
6,854
74,950
20,018
20,082
2,935
20,018
20,082
2,935
74,950
43,035
43,035
10-

Oshwal Elderly Welfare Association CIO
Notes to the Financlal Statements {contlnued)
Year ended 31 December 2024
Investment Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
8,675
8,676
6,368
6,368
Expendlture on charitable actlvlties by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Miscellaneous holiday costs
Luncheon collection
Charitable donations
Support costs
39,835
176
3,995
39.835
3,924
3,996
47,754
3,748
44,006
3,748
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Miscellaneous holiday costs
Lunchéon collection
Support costs
5,923
23,097
3,271
5,923
23,097
3,271
32,291
32,291
Expendlture on charttable actlvttles by actlvlty type
Activities
undertaken
directly
Support Total funds
costs
2024
Total fund
2023
Miscellaneous holiday costs
Luncheon collection
Charitable donations
Govemance costs
5,923
23.097
39,835
3,924
39,835
3,924
3,995
47,764
3,995
3.271
43.759
3.995
32,291
other expendlture
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Loss on disposal of tangible fixed
assets held for charity's own use
29
11

Oshwal Elderly Welfare Association CIO
Notes to the Financial Statements (¢onLlnuedJ
Year ended 31 December 2024
10. Net income
Net income is stated after chargingl{crediting)'.
2024
2023
Depreciation of tangible fixed assets
Loss on disposal of tangible fixed assets
589
29
718
11. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
1,800
1,440
12. Trustee remuneratlon and expenses
The trustees received no remuneration from employment with the charity.
13. Tanglble flxed assets
Equipment
Total
Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
5,393
415
(215)
5,593
5,393
416
(215)
5,593
Depreciation
At 1 January 2024
Charge for the year
Disposals
At 31 December 2024
3,235
589
(186)
3,638
3.235
589
(186)
3,638
Carrying amount
At 31 December 2024
1,955
1.955
At 31 December 2023
2,158
2,158
14. Debtors
2024
2023
Prepayments and accrued income
1,700
1,052
12-

Oshwal Elderly Welfare Association CIO
Notes to the Financial Statements (￿ntIn
Year ended 31 December 2024
16. Credltors: amounts falling due wlthln one year
2024
2023
Accmals and deferred income
Other creditors
10,272
40.207
13.901
91,749
105,650
50.479
16. Deferred income
2024
2023
Amount deferred in yaar
8,472
12,460
17. Analysis of charltable funds
Unrestrlcted funds
At
31 December
2024
At
1 January 2024
Income Expenditure
Unrestricted Fund
436.810
104,353
(44,035)
497,128
At
31 December
2023
At
1 January 2023
Income Expenditure
Unrestricted Fund
409,658
59.443
{32,291)
436,810
Restricted funds
At
31 December
2024
At
1 Janu8ry 2024
Income Expenditure
Charitsble donations
3,748
{3,748)
At
31 December
2023
At
1 January 2023
Income Expenditure
Charitable donations
13-

Oshwal Elderly Welfare Association CIO
Notes to the Financial Statements {contlnuedJ
Year ended 31 December 2024
18. Analys18 of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
1,955
545,652
(50,479)
497.128
1,965
$45,652
(50A79)
497,128
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
2,158
2,158
540,302
540.302
(105,650) (105,650)
436,810
436.810
14-

Oshwal Elderly Welfare Association CIO
Management Information
Year ended 31 December 2024
The followlng pages do not forni part of the flnanclal 8tatements.
15-

Oshwal Elderly Welfare Association CIO
Detailed Statement of Flnancial Activlties
Year ended 31 December 2024
2024
2023
Income
Donatlons and membership
Donations
Membership income
12,029
11447
24,476
2.313
7,727
10,040
Charitable activlties
Luncheon collection
Administration fee for holidays
Local holidays
39,295
29.801
5,854
20,018
20,082
2,935
74,950
43,035
Investment Income
Bank interest receivable
8,675
6,368
Total income
108,101
59,443
Expendlture
Expendlture on charltable acttvities
Insurance
Legal and professional fees
Depreciation
Direct costs for luncheons
Miscellaneous costs for holidays
Bank charges
Charitable donations
Sundry expenses
Printing postage and stationery
479
1,800
589
39.834
461
1.440
719
23.097
5,923
248
363
3.924
35
730
181
222
47.754
32,291
other expendlture
Loss on disposal of tangible fixed assets held for charity's own use
29
Total expenditure
47,783
32,291
Net Income
60,318
27,152
-16-

Oshwal Elderly Welfare Association CIO
Notes to the Detslled Statement of Financial Activities
Year ended 31 December 2024
2024
2023
Expenditure on charitable actlvities
Miscellaneous hollday costs
Activities undertaken directly
Miscellaneous costs for trips
Donations
5,923
3,924
3,924
5.923
Luncheon collectlon
Activities undertaken directly
Direct costs for luncheons
39,835
23,097
Governance costs
Govemance costs - insurance
Professional fees
Govemance costs - depreciation
Bank charges
Sundry expenses
Printing, poslage and slationery
479
1,800
589
363
34
730
461
1,440
719
248
181
222
3,995
3,271
Expendlture on charitable activitles
47,754
32,291
17-