TAMU PYÈ LHU SANGH UK Report and Anunclal statements for the year ehded 29 February 2024 Charity reglstration number- 1161779 TAMU PYE LHU SANGH UK Contents P42e Refer￿e atml admioistrativc inforn)ation Twst¢es' rcpotl Independ¢nt examiner's, report Statement of fin￿¢1&1 ￿{VItIeS Balancc sheet Noies ts) the fmancitf.8tal¢mcnts TAMU PYE LHU SANGH UK Referenee and Administratlve Information for the year ended 29 February 2024 Trustees Mr Dem Bahadur Gurung CAPT (Chair Person) M Dilip Kumar Gurung (Appointed on 06 April 2024) Mr Amarsing Gurung {Appointed on 06 April 2024) Mr Purnabir Gurung (Appointed on 06 April 2024) Mr Damber Bahadur Gurung {Appoint¢d on 06 April 2024) Mr Yam GLtrung (Troasur¢r) (Completion of Tenure on 06 April 2024) Mr Ek Bahadur GUn￿g MAJ {Compl¢tion of Tcnure on 06 April 2024) Mr Ashok Gurung Icompleiion of Tcnure on 06 April 2024} Mr Ran Bahadur Gurung (Completion of Tenure 06 April 20241 10 Mr Bhawani GUn￿g BG (Compl¢tion of Tenure on 06 April 20241 I l Mr Vijaya K Gurung ENGR (Compl¢tion of Tcnure on 06 April 2024) 12 Mr M4m Bahadur Gurung (Complction of Tellure on 06 April 2024} 13 Mr Som Bahadur Gurung (Completion of Tcnure on 06 April 20241 14 Mr Khu5iman Gurung MAJ MVO (Completion of T¢nur¢ on 06 April 2024) 15 Mr Madan Bahadur Gun￿% LT {Cotnpl¢tion of Tenure on 06 April 2024) Charity Reglstratlon Number 1161779 Charity's Prlnclp*l & Registercd Offjce Address Tamu Pye Lhu Sangh UK 142 Si. Saviours Road Rcading Berkshire RGI 6ET IndepeDdent ExamRner$: Sushil Shrestha FCCA Lunar A¢¢ountancy Limited 41 Lancast¢r Gatc London W2 3NA Bankers HSBC 249 High Street orpin￿¢0 Kcnt TAMU PYE LHU SANGH UK Trustees, report Charlty No: 1161779 for the year ended 29 FebruAry 2024 The trustees present their annual report and the finoncial statements for the year ended 29 February 2024,. the Financial Statements comply with thc Statutory requir¢mcnts, the requircments of the company's govcrning document and thc provisions of th¢ Statcmcnt of Recommended Practice applic8blc to charities preparin¥ their accounts in accordance with the Financi21 R¢porting Standard applicabl¢ to the UK and Republic of Ircland (FRS 102). De$cTlption of the charity'$ trusts: Classification.. What: Education l Training The prevention or rclicf of poverty Religious Activitie Art / Culturc / Heritage / Scienc¢ . Eronomic I Community d¢v¢lopment l Employment • Human rights l Religious or raci81 harniony l Equality or div¢r5ity Who People of a particular ethnie or racial origin How.. Makes grants to individuals Provides advocacy / Advic¢ I Infornution Other chariiable activiti¢s TyrK of goveming docum¢nt Constitution Adopted 29 June 1967 As Amended On 12 February 1976. 19 January 1981. 25 bebrnary 1985. 20 January 1997 And 25 F¢bruary 2(MJ2. Trustee selection methods.. Trystees are selected by meeting in annwdl gelleral ￿￿ting. TAMU PYE LHU SANGH UK Trustees, report Charlty No: 1161779 for the year ended 29 Febrnary 2024 Continued............................. ObJeetive5 aetlvltles The promotion of equality and diversity for the benefit of the public, including the promotion of religiou5 and racial harniony. Th¢ prevention or relief of poverty in the UK and in Nepal by providing one off payments in personal ¢risis. Providing gtants of money in the fom of spccial paymcntS to r¢licvc sickness or infirnjity. Paying travel expen5¢5 for mLxlical reason, installation or purchase of itcms n¢c¢55ary for the individual in medical or needs arising from age. infirmity or disability. To reli¢vc povcrty or finanLial hardship among the Tamu and their dependants living in UK or in Nepal by providing interproting, translating. advocacy, hcalth, housing and support design¢d to enable them (o g¢n¢ratc a suitable incom¢. To dcvclop the capacity and skills of thc metnbers of th¢ socially at]d economically disadvantaged community of th¢ Tamu Clan in such a way that thcy arc better able lo idcntify and help meet th¢ir necds and parti¢ipatc in the society. L8stly to promote social in¢lu5ion for thc public benefit by working with the people in the UK who are socially exelud¢d on the grounds of their ¢thnic origin, social and economic position, ￿liefS and language. To reliev¢ ihe necds of such peopl¢ &nd a5SiSting them to inte￿al¢ into th¢ society by providing local n¢twork group that ¢nablcs members to participatc fully and effectiv¢ly with the wider community, providing education and training in English language and other vocational skills and providing oth¢r facilities and opportunities involving the local comrnunity. Thc report was approved by the trustees on behalf by.. signed on their Dem Bahadur Gurung CAPT (Chair Person) Chairperson Independent examiDers report for the trustees of TAMU PYE LHU SANGH UK for the year ended 29 February 2024 To th¢ Memb¢rs of Tamu Pyc Lhu Sangh UK on the accowits for the year ¢nded 29th February 2024 set out tsn pages 6 to 8. This report is n￿de solcly to the society's tnembcrs, as a body. My ¢xamination work has beeD undertak¢n so that I tni¥ht state to the society's tnembers thosc rnatters l atn required to state to them in an ¢xaminers' report and for no other purpose. To the fullest extent pcrmitted by law, I do not accept or assum¢ responsibility to anyone other than the sttiety and thc 50riety's members as a body, for my worL for this report, or foE the opinions I have formed. Respectlve re$ponsibillties of trustees and examiner The charity's trustees are responsible for the preparation of the ac¢ount. The charity's trnstC¢S onsider that and audit is not requir¢d for this year under section 144(2) of the Charities Aci 2011 (Thc 2011 Act) and the independent examination is required My r¢sponsibility 15 10: examine the accounts follow the procedur¢s laid down in the Generdl Directions given by the ch￿ltY Conmnission {UDder scction 145 (5) Ib} of the Charities Act and to stste whether PArticular matters have come to my attention. Basis of Independent ExamiDer'g statement My examination was carri¢d out in accordance with General Directions given by the Charity Commission. An examination includes a ￿VIeW of the accounting rccords kcpt by the eharity and a comparison of the a¢count5 pr¢sentcd with those records. It also includ¢5 consid¢ration of any unusual items or disclosures in th¢ accounts. and s¢¢king explanatiOT)s from th¢ trustces concerning any such matt¢rs. The procedur¢s undertaken do not provide all th¢ evidence that would be required in and cxamination report and, consequently. no opinion is given as to whether the account prescnt gL'truc and fair vi¢w' and the report is limited io those matt¢rs set out it] thc statement below. Indcp¢ndent cxaminer's staiem¢nt In connection with my examinatio￿ no matters have com¢ to my attention: Independent eiaminers report for the trustees of TAMII PYF. LHLI SANGH UK for the vear ended 29 February 2024 Coniinued.......................... al which gyives me I'edsoiiable iau%e to believe that iii. aiiy maierial respect. tlie requiretnents.. to keep ac¢ouiitiiig ieLI)rd.% iii aLLOI'dai)Ll i¥iil) secliiiii l.)0 of the Chai'Étics Act.. and lo pi'epai'e clCCOLints il'hicli aLiord ￿ itli Ihe accountlllb? reLords aiid coiiiply with the accouniingF requirements ot tlie CharitlLb% Aci have not been iiiet- or bl to iihich. in illv opinion. attention should be draivn in OTdei' to enable a proper understanding ot the accounts to b¢ TLaLhed. Name of prinLipal.. SLishil Shrestha Nanie ol- Iirin- Luiiar aLCOUlltaiici. Ltd elevant protessional qiialiticalion oi. t10d￿.. ALL'A Address- 41 Lancasier Cjate. Loiidon W? iNA Dat¢.. TAMII PYF. LHU SANGH UK Statement nf finaneial aitii'itTres for the Vear ended 29 February 2024 Particulars Note 2024 2024 INCOMINC RESOURCES Meinber%hip iiicome Lhosar incthme Re5tricied Sh>'ora Projects BLiildin&J & Temple Suinin¥i' BBQ Batik iniercst Gitl Aid Clain) Charit) dinner Other Donations Other reLeEpt5 Total Incoming Resouree5 31,646 7,071 3?,934 7.086 10.500 17.133 819 3,421 3.708 4,009 8.245 11,209 95,021 12.035 9.920 97,556 DIRECT CHARITABLE EXPENSES PrintinLF Postage Staiionary Sh)ora Charit!. meeting TelepliL)nL' Chariti dinner Chariii- Hall Hii'e Rent Suilliiier BBQ Building & Temple BadgTeslSh1it%lS￿a1Iclo(hl￿g Lhosar Nepali Mela Miscellaneous Other Paj'meiits Chariti- donatioi)s Bank cliargTCS Legiiil & Prur¥￿51017al Total Expenditure 738 9,Q70 14.500 3.288 316 1,596 104 425 2UU .440 1,388 1,598 3.?81 444 6.643 4,011 1,895 194 4.919 413 3.V2¥ 38.217 6.511 1.194 447 iOO 4.7.870 Management & Admini.4tration of the Charitv: Iiidependent exai)iiners lee D¢prcciation 750 750 38,967 46.620 Net IncomellResources Exptndedl for the l'ear und broiighi forward t'roiii pr¢￿'lOUS )'ear. FUND BALANCES CARRIED FORWARD 56,054 943,942 999.Y96 50,936 893.006 943.949 TAMU PYE LHII SANGH UK Ral#nce sheet fnr the year ended 29 Februar), 2024 P#rtieulars Note 2024 2024 ?0?3 2023 FIXED ASSETS Tr ixture & equipinent CURRENT ASSETS Debtor% Bank current account 998,884 998.8¥4 944,691 944.691 CURRENT LIABILITIES Creditors Net curi'eni assets 17.501 998,134 943.941 TOTAL ASSET LF.SS CURRENT LIABILITIES Long-term li#bilitie 998.135 943.942 NET ASSETS 998.135 943.942 Repre$ented bv: Accuillulated surplus 999,996 943.942 MEMBERS FUND 999,996 943.942 TAMU PYE LHU SANGH UK Notes to thL financial statements for the vear ended 29 February 2024 l. Accounting Policies 1.1. AeeouNting enni'ention The linaiicial %tatLiiieiit% liave beeii piipared uiider the historical Cost convei)iion except for in￿lStme17Is. Ishich ar¢ iiicliided at Inai'ket i'aliie. aiid iii accordaiice li iih FRS 102 'The F inancial Repi)Itings Sik)i)dard applicablL in the IIK aiid Republic of Ireland" and the Stateineni ot RecoininLiided l?raLtice 'ALLOUllting diid Reponin¥ bv Chariti¢%" FRS 102. 1.2. Going concern bas&s Tlie Ti'usiees con%ider that the goinb? ¢oncern basis is appropriate as the￿ consider tl)e reserves levels and expected iiive.%iii)cnt 11)Lome to be ai sul'liLieiit le￿.elS to ensure tliat Il)e Trusiees Lan Ine¢t tlieir finai)cial oblig)ap tions foi. Il)e neit 12 10 18 monihy and on that basis tlie LliaTIt!' is a ¥ioingT coiicern. 1.3. Income Donations aiid gTrants are treated as iiicoine ¥vheii ali) condiiioii% imposed by the donor concerningi the tll- rLlevani expenses duringT the year. 2 Credit￿r$ 2024 2023 Suiidry creditors and a¢cruals 7.4a 750 3 Trustee Romuneration & Related Part) Tr#n5aCtions Nc) Ineinbei's of Ilie nidnag7Liiieiit L()iiiniitiee rLIL'ii'ed an%. remiineration during ihe year. No trustee or oihLI' person relat¢d to the Lhariii. licld anN' pcrsonal iniLI'est in anv contract or ti'ansaction entered into by thc charit). duriiig? the yeai'120?4- £Nill. 4 Taxation As a chai'ity, TAMII PYE LHU SANGFI IIK is eieinpi froiii ta.i on iiicome and gTai1is falling withiii 4ectioii 478 CT A ?010 oi. s?.)6 of tlie "faiatioii of Chargeable Gaii)s Act 1997 to the eiient Iliat these are dpplied to its charitable objects. Nu tai cliarbies have ariseii in the Charit)..