2021-04-05-accounts

Trustee	s		Mr. Pradip Dhamecha
			Mr. Vimal Pau
			Mr. Amratlal Radia
			Mr. Bhavesh Radia
			Mr. Narendra Thakrar
			Mr. Manish Sangani
			Mrs. Pratibha Lakhani
			Mr. Ajay Gokani
			Mr. Rameshchandra Kantaria
			Mr. Rasiklal Kantaria
			Mr. Jagdish Nagrecha
			Mr. Deepak Jatania
			Mr. Narendra Kotecha
			Mr Ronak Paw	(Appointed	19April 2021)
			Mr Vinodrai Thakrar	(Appointed	19April 2021)
			Mr D M Shohchhatra	(Appointed	19April 2021)
			Mr SV Dewji	(Appointed	19April 2021)
Secretary			Pratibha Lakhani
Treasurer			Amratlal Radia
Charity	number		1161788
Company		number	09580721
Registered		office	Hunter House
			109Snakes Lane West
			Woodford Green
			Essex
			IG8 ODY
Auditor			KLSA LLP
			Kalamu House
			11 Coldbath Square
			London
			EC1R 5HL
Bankers			Metro Bank Pic
			One Southampton Row
			London
			WC1B 5HA

		Page
Trustees' report		1-4
Independent auditor's	report	5-7
Statement offinancial	activities
Balance sheet		10-11
Statement ofcash Rows
Notes to the financial	statements	12-20

The Trustees, who are	The Trustees, who are	also the directors for the purpose	also the directors for the purpose	ofcompany	ofcompany	law, and who served during the year and up
to the date ofsignature		ofthe financial statements	were:
Mr. Pradip Dhamecha
Mr. Vinod Kotecha			(Resigned		19April 2021)
Mr. Vimal Pau
Mr. Amratlal Radia
Mr. Bhavesh Radia
Mr. Narendra Thakrar
Mr. Manish Sangani
Mrs. Pratibha Lakhani
Mr. Ajay Gokani
Mr. Rameshchandra	Kantaria
Mr. Deenesh Thakrar			(Resigned		19April 2021)
Mr. Rasiklal Kantaria
Mr. Jagdish Nagrecha
Mr. Deepak Jatania
Mr. Narendra Kotecha
Mr Yatin Dawada			(Resigned		19April 2021)
Mr Ronak Paw			(Appointed		19April 2021)
Mr Vinodrai Thakrar			(Appointed		19April 2021)
Mr D M Shohchhatra			(Appointed		19April 2021)
Mr SV Dewji			(Appointed		19April 2021)

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
		Notes	6	f
IttggmtLftgm;
Donations and	legacies	3	3,801	261,437
Rent		4	100,000	100,000
Total Income			103,801	361,437
~Ex ~ittttt rtm
Charitable activities		5	26,628	244,624
Net income for the yeari
Net movement	in funds		77,173	116,813
Fund balances	at 6April 2020		4,470,150	4,353,337
Fund balances	at 5April 2021		4,547,323	4,470,150

				2021		2020
			Notes	6		f
Cash flows from operating		activities
Cash absorbed by operations			18		(136,929)		(41,364)
Investing activities
Investment income received				100,000		100,000
Net cash generated from investing
activities					100,000		100,000
Financing activities
Repayment ofbank loans				(24,282)		(22,055)
Net cash used in financing		activities			(24,282)		(22,055)
Net (decrease)/increase	In	cash and	cash
equivalents					(61,211)		36,581
Cash and cash equivalents		at beginning	ofyear		46,761		10,180
Cash and cash equivalents		at end of	year		(14,450)		46,761
Relating to:
Cash at bank and in hand					1,716		46,761
Bank overdrafts included	in	creditors
payable within one year					(16,166)

						2021	2020
					Notes	5	6
Fixed assets
Tangible assets					10		1,184
Investment	properties				11	4,610,703	4,610,703
Investments					12	1,000	1,000
						4,611,703	4,612,887
Current assets
Debtors					13	446,268	331,268
Cash at bank and		in	hand			1,716	46,761
						447,984	378,029
Creditors:	amounts		falling due within
one year					14	(68,283)	(50,107)
Net current	assets					379,701	327,922
Total assets less		current		liabiTities		4,991,404	4,940,809
Creditors:	amounts		falling	due after
more than	one year				15	(444,081)	(470,659)
Net assets						4,547,323	4,470,150
Income funds
Unrestricted	funds					4,547,323	4,470,150
						4,547,323	4,470, 150

3	Donations	and legacies
			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			6	f
	Donations	and gifts	3,801	261,437
4	Rent
			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			f	f
	Rental income		100,000	100,000

		2021	2021	2021	2020
		6		f	f
Donations		2,253		2,253	207,065
Events expenses		1,001		1,001	4,898
		3,254		3,254	211,963
Share ofsupport costs (see note 6)		20,974		20,974	30,261
Share ofgovernance	costs (see note 6)		2,400	2,400	2,400
		24,228	2,400	26,628	244,624

Support	cost	s
				Support	Governance	2021	Support	Governance	2020
				costs	costs		costs	costs
				f	6			6
Depreciation				1,184		1,184	1,180		1,180
Insurance							2,682		2,682
Printing, postage stationery			&				270		270
Bank charges				123		123	580		580
Bank interest		paid		19,469		19,469	24,666		24,666
Legal and fees	professional			198		198	883		883
Audit fees					2,400	2,400		2,400	2,400
				20,974	2,400	23,374	30,261	2,400	32,661
Analysed	between
Charitable	activities			20,974	2,400	23,374	30,261	2,400	32,661

8	Employees	Employees
	The average		monthly	number		ofemployees		during	the	year	was:
												2021	2020
												Number	Number
	Total
	There were		no employees		whose annual		remuneration			was	more than f60,000.
9	Taxation
	The Charity		is exempt	from	corporation		tax	on its charitable			activities.
10	Tangible	fixed assets
												Fixtures	snd fttttnasf
	Cost
	At 6April	2020											3,544
	At 5April	2021											3,544
	Depreciation		and Impairment
	At 6April	2020											2,360
	Depreciation		charged	in the year									1,184
	At 5April	2021											3,544
	Carrying	amount
	At 5April	2020											1,184
11	Investment		property
													2021
	Fair value
	At 6April 2020 and 5April				2021								4,610,703

12	Fixed ass	et investm	ents
						Other
						investments
	Cost or valuation
	At 6April 20198 5 April 2020					1,000
	Carrying amount
	At 05April	2021				1,000
	At 05April	2020				1,000
					2021	2020
	Other investments comprise:			Notes	f	f
	investments in subsidiaries			17	1,000	1,000
13	Debtors
					2021	2020
	Amounts	falling due	within one year:		f
	Amounts owed by fellow group undertakings				446,268	331,268
14	Creditors:	amounts	falling due within one year
				Notes	2021f	2020 f
	Bank loans	and overdrafts			40,448	21,986
	Other borrowings				25,000	25,000
	Accruals and deferred		income		2,835	3,121
					68,283	50,107
15	Creditors:	amounts	falling due after more than one year
					2021	2020
				Notes	f	f
	Bank loans				444,081	470,659

Name of	undertaking	Registered	Registered	Nature ofbusiness	Class of	% Held
		office			shares held	Direct Indirect
Dhamecha	Lohana Centre	United	Kingdon	Letting out the centre for	Ordinary	100.00
Limited				events and conferences

	The aggregate capital was as follows:	The aggregate capital was as follows:	The aggregate capital was as follows:	and re	serves and the re	serves and the re	serves and the re	serves and the re	sult for t	he year of subsidia	ries exduded from co	nsolidation
	Name of undertaking				Profit/(Loss)				Capital	and
									Reserves
								6
	Dhamecha		Lohana Centre
	Limited					(130,257)			(456,137)
18	Cash generated from			operations							2021	2020
											6	6
	Surplus for		the year								77,173	116,813
	Adjustments		for:
	Investment		income recognised		in	statement		of	financial	activities	(100,000)	(100,000)
	Depreciation		and impairment		of tangible		fixed assets				1,184	1,180
	Movements		in working	capital:
	(Increase)	in debtors									(115,000)	(60,078)
	(Decrease)/increase in			creditors							(286)	721
	Cash absorbed by operations										(136,929)	(41,364)

Analy	sis ofchan	ges in net (debt)/funds
			At 0 April 2020	Cash flows	At 0April 2021
			F	f	6
Cash	at bank and	in hand	46,761	(45,045)	1,716
Bank	overdrafts			(16,166)	(16,166)
			46,761	(61,211)	(14,450)
Loans	falling due	within one year	(46,986)	(2,296)	(49,282)
Loans	falling due	after more than one year	(470,659)	26,578	(444,081)
			(470,884)	(36,929)	(507,813)