AMRIT ANDAJIT CHARITABLE TRUST LIMITED Annual Report and unaudited financial statements for the year ended 30 November 2025
AMRIT ANDAJIT CHARITA&LETRUST UMITED CONTENTS Charty Information Trustee report Independent examlner's report Statement of financial actlvr(les ststernent of financial posltlon Notes to the accounts 7-9
AMRIT AND AIITCHARITABLE TRUST LIMITED CHARITY INFORMATION Trustees Mr B S 8ahra Mrs S K Bahra Charfty number 1165578 Company number 09864871 Charity offices Unit 9-13 Crystal Drlve Smethwlck West Mldlands B66 IQG Accountants Barnett Ravenscroft Limited Chartered Accountants and Registered Audirors 13 Portland Road Edgbaston Bimiingham B16 gHN Page I
AMRIT AND AJIT CHARITABLE TRUST LIMITED IA¢ornpaAy Ilmited byguarantee and not having a share capltall TRUSTEES, REPORT IINCLUDING DIREcfoRS' REPORTI fortht year ended 30 November2025 TRUSYEE5 The Trustees named tsn page I have Served throughout the year. Appolnttnent of Trustees is Eoverned by the Trust Deed of the Charity. The powerof appointing new or addkional Trustees is vested In the survivSng or continuing Trustees following the SignatIOn ordeaih of an existing Trustee. OBJEcfs OF THE CHARITY According to the Artkles of Assoclat5on and Faith of the charity, the aim and objective of the company is prevention or relief of poverty in developing covntrie51 Particularly in India and Africa by providing.. al Grant to other chaflties orcharitable organisation bl Items and servi¢e5 to individual facing poverty and deprived of basic needs. The Trustees have pahl due regards to guidance issued bythe Charlty Commission in deciding what activities the Trustees should undertake. Fin•ncial revlew It is the policy of the Trustee5 that unrestricted funds which have not been designated for a specifi¢ use should be maintained at a level equivalentto between three to six-rnonths expenditure. The Trustees considers that reserves at this level will ensure that, in the event of significant drop of fundine, they will be able to continue the Trustees current 3tt1vities while conslderatlon is given to way5 in which additional funds may be raised. ThSs level of reserves has been maintained throuEhout the year. The Trustees has assessed the major risks to which the Trustees is exposed and are satisfied that systems are in place to mitlgate exposerto the major risks. Stwrturei govemonce and management The trustees Iwho a a150 the directors of Arnrit and Ajlt Charitable Trust Limlted for the purposes of comp8ny lawl, and who served during the year were.. Mr 8 S Bahra Mrs S K Bahra None of the Trustees has any beneflcial interest in the cornpany. All the t¥ustee5 are members of the company and guarantee to contribute £1 in the event of a wlnding up. Page 2
AMRIT AND AJITCHARITABLE TRUST LIMITED (Acornpany limited byguarantee and not havlng a share capital) TRUSTEES, REPORT forthe yearènded 30 November2025 STATEMENTOF TRUSTeES' RESPONSIBILITIES The trustees are re5ponslble for preparlng the Report of the Trustees and the financial staterrEnts in accordance wlth applicable law and Unf(ed Kingdom Generally Atpted Accounting Practice. The law applicable to charities in England and Wales. The Charitles Att 2011. Charlty (Accounts and Report51 Regulation5 2008 and the provisions of the trust deed requires the trustees to prepare financial staternents for each financval yearwhich give a true and fair vlew of the 5tste of affairs of the charity and of the incomin8 resources and application of resource. includlnE income expenditure. of the charity for that period. In preparin8 the flnanclal statements the trustees a required to.. selett suitable 3CCOlJnting policies and then apply them consistently.. obserwe the methods and principles In the Charities Statement of Recommended Practice,. make judgements and estimates thatare reasonable and prudent,. state whether applicable accounting standard5 have been ftillowed subfrect to any materlal departures disc105ed and explained in the financial ststement5,' and prepare the financial statements on a going concern ba515 uTrle55 It Is inappropriate to assume that the Charlty wlll wntynue. The trustees are spOnSible for keeping proper accounting record5 which distlose with reasonable accuracy at any time the financial positicn of the charityand enable thetrt to ensure thatthe financial stèternents comply with the Charities Act 2011, the Charlty (Accounts and Reports) Regulations 28 and the provisions of the trust deed. They are also responsible for safeguarding the 8ssets ol the charity and hence fortakiDg reasonablÈ steps for the prevention and detection of fraud and other irregularities. APPROVAL Approved by the Trustee$ on 14 July 2026 and signed on its behalf bv.. Mr B S Bahra Trustee Page 3
AMRIT AND AIIT CHARITABLE TRUST LIMITED (Acompany limited by guarantèe and not havint a Share capilo11 INDEPENDENT EXAMINER'S REPORTTO THE DIRECTORS ON THE UNAUDITED ACCOUNT5 for the yearended 30 November 2025 l port on the accounts for the year ended 30 November 2025 setout on pages 5 to 9. Respective re5ponsibili¢ie5 of trustees and eKarnlner The trustees (who are also the directors of the company for the purposes of company lawl are responsible forthe preperation of the accounts. The trustees consider that an audit is not QUIred for this year under Section 144121 of the Charities Act Ithe 2011 Act) and that an Sndependent examination is needed. Havlng sat15fied myseKthat the charity Is not subject to an audit under company law and Is ellglble for independent examlnatlon, it is rny responsibilityto examlne the accounts under5ection 145 of the 2011 Act.. follow the procedure5 laid down In the general dlre¢tTon5 given bythe Charity Comrnlsslon lunder5ection 14515llbl of the 2011 Att.. and State whether particular matters have come to my attention. BRsi5 of iMdep¢udent eximiDtr'$ statement My examination wa5 carrled out in accordance with general dIreCtn5 given by the Charity Commission. An examination includes review of the accounting records kept by the charfty and a comparison of the accounts psented with those records. It also includes conslderation of any unusual Items or disclosu$ in the accounts, 8nd seeking explanations from you as trustees conceming any such matters. The prixeduie5 undertaken do not provide all the evidence that would be reouired in an audlt. and consequently fto opinion is given a5 to whether the accourrts present a'true and falrview" and the report is limited to those rnatters set out in ihe Statent beli)w. Indeptlldttht ¢x#miner's $tstement I have completed my eXamInatn. I can confirm that no rnaterial matters have corne to my attention in connection wlth the exarnination giving cause to believe that in any Spect-. accounting records were not kept in accordance wlth sectk)n 386 of the Companies Act 2006.. and to prepare accounts which accord with the accounting records, comply wrth the accounting requirements of settion 386 of the Companies Act 2006 and with the methods and principk5 of the Statement of Recommended Practice.. Accounting and Reporting by Charities lappli¢able to the charltles preparing their accounts in 8ccordance with the Flnancial Reportlng Standards appllcable in the UK and Republlc of Ireland IFRS 1021. have not becn mcl., or to which in my opinlon, attention should be drawn In order to enable a proper Understand1r of the a¢¢ounts to be reached. I have no cOnrn$ and have come across no matters In connection with the examination to whlch attention should be drawn in this report In orderto enzble a proper understanding of the accounts to be athed. Ben Elev FCA Independent examiner For and behalf of Barnett Ravenscroft Limited Charterd A¢¢ountants 13 Portland Road Edgbaston Birmingham 816 9HN 1410712026 Page 4
AMRIT AND AJfT CHARITABLE TRUST LIMITED IA company limlted by guarantee and not having a share capital) STATEMENT OF FINANCIAL ACTIVITIES forthe year ended 30 November2025 Vnrestri¢ted Fund5 INCOMING RESOURCES Notes 2025 2024 In¢omln8 rero$froM generaied funds: Investment income Donatlons and legacles 11,454 25,CKJO 7,788 25,743 Total Incoming resources 36,454 33,531 RESOUR EXPENOED Bank ch3rges Charitable activities Subscrlptlons 584 18.711 253 27.250 40 Toiol resoue expended 19.295 27,543 NET SURPLUS FOR THE YEAR 17.159 5,988 STATEMENT OF OTHER RECOGNiiseD GAINS Net surplus for the year Investment gains I Ilosse51 Realised Unrealised Investment managernent costs 17,159 5,988 27,000 1,861 I v 5.9511 35,507 3.4061 Net rnovement in lunds in year Funt15 brought fotward 40,069 320,197 38,089 282.108 Funds carrled forward 360.266 320.197 The accumulated fund above is all unrestricted. All of the above amount5 relate to continuing activities. The notes on pages 7t0 9 lorm part of these accounts. Page S
AMRIT AND LIIT CHARITA8Le TRUST LIMITED IA company limited by guarantee and not havlnB a share ¢apitall STATEMENT OF FINANCIAL POSITION forthe year ended 30 November Z025 Nixe$ 2025 2024 FIXED ASSETS Investments 322,133 287,770 CURRENT ASSETS Debtors Cash at bank ar in hand 38,133 38.133 32,427 32,427 CURRENT LIABILITIES Creditors io NET CURRE ASSETS 38.133 32,427 NET ASSErs 360,266 320,197 FUNDS Unresticted Fund 360,266 320,197 The trustees are satisfled thatthe company Is entitled to exemption from the provisions of the Companles Act 2006 (the Attl relating to the audit of the flnancial statements for the year byvirtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act. The trustees acknowledge their responsibility for:. 111 ensuring the company keep5 proper accountlng records which complywith sertion 386 of the Act. and lill pparIng financial statements whtch give a true and fairview of the state of affalrs of the company as atthe end of the financlal yearand of its surplus ordeficit forthe financial year in accordance wlth the Tequirements of section 393, aTrY which otherwlse comply with the requimients of the Act relating to financial ststements, $0 far as appllcable to the companv. These financial statements have been prepared In accordance with the special provisions for small cornpanyds under part 15 of the CompaeS Act 20C6 and wlth Financièl Reporting Stsndard for Smaller Entities (effective January 20151. The financTal statentS were approved by the trustees on 14 July 2026 and slgned on its behalf by Mr8 5 Bahra Trustee Company Registratlon No., 09864871 Page 6
AMRIT ANO lT CHARITABLE TRUST LIMITED NOTES TO THE ACCOUNTS for the year tnded 30 November 2025 Company infomiation Amrit and Arjit Charitable Trust Is a private comnY lirnf(ed by guarantee incorporated in England and Wale5. Th¢ registered and business address ss Unit 9- 13 Crysthl Drive. Smethwick, England, B66 IQG. ACCOUNTING pouaES a Atcoullting ¢onvention The charity con$titutes a publk beTrefit entlty as deflned by FR5102. The financial statement5 have been prepared in accordance with Accountlng and Reporting by Charities.. Statement of Recommended Prarti applicable to charities preparing theiraccounts in accordance wlth the Financial RertIng Standard applic4ble In the UK and Republic of IreLind IFRS 1021, the Charities Act 2011, the Cornpènles Act 2006 and UK Generally Accepted Practice as r( appliesfrom l April 2015. The charity has applied Update Bulletin l a5 pubfished on 2 February 2019 and does not Include a cash flow statement cn the ground5 that it is apptylng FRS 102 Sectlon IA. B*si$ of accounting The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterlin& which is the funrtional currency of the enttty and have been rounded to the nearesi £1. b Going Concern At the tlrne of approving the accounts, the Trustees have reasonable expectation that the Trustee5 has adequate Te50urces to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparlng the accounts c Cb#rit•bIe find5 Unrestritted fund5 are av311able for use at the dlscretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restrirted funds are subject to speciflc condltion byfrom donor as to how they may ne used. The purpose and uses of the $tricted fund5 are set out In the notes to the account5. Endowment fvnd5 are sublectto the specific condltlons by donors thatthe capitsl must be maintained bythe Trustees. d In¢oming resources Income Is recoEni5ed when the trustees us legally entitled to it after any performance conditk)ns have been rnet, the amounts can be measured reliably. and It is probable that incorne will be received. Incorne from Investrnents accounted for in the year In which it is recetvable. Cash don8tlon is recognised on receipt. Other donatlons are recognised once the Trustees has been notified of the donation, unless performance condition5 require deferrdl of the amount. Income tax recoverable in relation to donations reived under Gift Aid or deeds of convent is recognlsed at the time of donation. Legacies are recogni5ed on receipt or otherwise if the Trustees has been notffled of an irnpendlng distribution. the amount is known, and receipt is expected. If the amount Is not known. the legacy 15 treated as a contingent asset. Page 7
AMRIT AND lT CHARITABie TRUST LIMITED NOTES TOTHE ACCOUNTS for the yearended November2025 e Cash and cash equivalents Cash and cash equivalent cash In hand, deposits held at call with bank5, Other short-term liquid investments w(th Origin31 maturities of three months or less, and bank overdrafts. Bank overdraft5 are shown within borrowlngs in f lfivestments Sl¢xk Exchange Investments are stated at Market Value at the Balance Sheet date. Realised and unlea1ed galns and losses on investments are dealt wlth in the Statementof Financial Attivities. Employ¢e beneffts The cost of any unused holiday entitlement 15 recognised in the period in which the employee's servlces a received. Terminatlon benefits are recognised immediately as an expense when the company 15 demonstrably cornmltted toterminate the employment of an employee or to provide termination benefits. Forèign e¥thange Transactlons in currencies other than pounds sterling are recorded the rates of exchange prevailing at the dates of the transaction5. At each reporting end date, monetary a55ets and liabilitie5 that are denorninated in foreign currencies are retranslated at the rate pValling on the porting end date. Gain5 and losses arising on translation are Included in net Income /eMpenditure forthe period. Critical accountinE e5timatesarKI judgments In the application of the Trustee's accounting pollcles, the directors are required to make jUdgntS. estimates and assumptions about the carrying arnount of assets and liabilities that are not readily apparent frorn other sources. The estlmated and assoclated a55UrnPtions are based on historical experience and otherfactors that are consSdered to be relevant. Artual results tnay differfrom the estimate5 Donation and Legaties 2025 2024 Donation and gffrs 25.(K)O 25,743 Charitable actb¥Otles 2025 2024 Charitable expendlture 584 293 Grantfunding of acrivitV&5 (see note 61 18,711 27,250 Analysis by funds Unrestritted fund5 19,295 27,543 Grants Payable Charftable Expenditure 2024 Grants to Institutlons- 18.711 27.250 Page 8
AMRIT AND AJIT CHARITABLE TRUST LIMITED NOTES TO THEACCOUNTS for the yearend*d November 20Z5 Flxed asset investments 2025 ZO24 Equities and unit trusts 322,133 287,770 322 133 287,770 Movements in lixed a$set investments Investments CostorvalL¢atlon At l December 2024 Additions 287.770 364,821 1330,4481 11.8711 1.861 Dlsposals Other movements Valuation changes At 30 November 2025 322,133 Carrying amount At 30 November 2025 322,133 At 30 November 2024 287.770 Oebtor5 2025 2024 PpaYmeThts and accrued income Flnanci•l Instuments 20Z5 2024 Debt instrurnents measured at amorused cost Equity instrument measured atfairvalue throu8h 5tstement of financial artlvities 38.133 32.427 322,133 287,770 360,266 320,197 Carry5ng amountof financlal Ilabilitie5 2025 2024 Measured at aftN)rt1sed cost 10 Credltors- arn¢Junts falllng due withln one year 2025 2024 Accruals and deferred Income Page 9