Charlty reglstratlon number 1165666 (England and Wales Company regi$tratlon number 09172282 JAY JALARAM DAY CENTRE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
JAY JALARAM DAY CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustèes Mr N Tanna Mrs P M Sonecha Charity number (England and Wales) 1165666 Company number 09172282 Prlnclpal address 93A School Road Hall Green Birmingham B28 8JQ Registered office Old Bank Chambers 582-586 Kingsbury Road Erdinglon Birmingham Wesl Midlands 824 9ND
JAY JALARAM DAY CENTRE LIMITED CONTENTS Page Trustees, report Statement of Iruslees. responsibilities Independent examiner's report Slalemenl of financial aclivilles Balance sheet Notes lo the financial slalemenls 7-12
JAY JALARAM DAY CENTRE LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial slalemenls for the year ended 31 March 2025. The accounts have been prepared in accordance with the accounting policies sel out in note 1 to IIE accounts and comply with the day cenlre's governing document, the Comp8nies Act 2006 and Accounting and Reporting by Charities. Slalemenl of Recommended Praetice applicable lo chanlies preparing their accounts in accordance with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland IFRS 1021" las amende<J for accounting periods commencing from 1 January 20161 Oblectlv&s and actlvltles The day cenlre's objects are.. Strive lo rehabililale the elders of all ethnic groups and lo devolop their well being, alleviate lonelinèss and serve as a religious centre To organise outings lo other religious cenlres within the UK lo develop religious opennes$ and lo slimulale mental well being. To org8nise trips lo seaside resorts in the warmer months al a nominal charge. To organise free noteworthy events within the event calendar lor all ethnic groups and lo promote a cultural environment for them. These will often be subsidised from the charity funds. To prOVde rellgious and cultural activities followed by a midday meal onctt per wèek with the hope lo introduce a second day yel lo be decided, To provide yoga classes lo promote a heallhigr lifestyle lor the service users. To provide medical advice on issues affecting the elderly by inviting medical profegsionals to hold talk8 and lo provide tiffin seNice lor the local elderly. To support similar Gharilable organisalions with similar aims. The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the day centre should undertake. New truslegs are recruitèd from existing volunteers who have deMon51raled a strong work ethic and a commitment lo the charity Achlevèments and perfomiance The charity has been active lor the whole year and has achieved the majority of ils objectives and has now gol the constant flow of the returning members. Extra locus has been on providirg new services and with the help from the medical and social communities in the Wesl Midlands, new services have been sel up for the benefits of the membership. There was also the case ol safeguarding the wellbeing ol the elderly members who were most vulnerable throughout the year. However Ihg directors will locus on maintaining the following in the Loming year reduced meal eharges lor members using ring and ride services, £3 per day per meal. increased timetabled yoga classes fgr service users. medical professionals allending monthly lo provide medical advice on issues 8ffecling the 6lderfy, increased the usage of the tiffin service for the local elderly people. lor the second year we have been able to provide two free coache5 to religious cenlres free ol ¢harge lo paying members
JAY JALARAM DAY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Financlal revlew It Is the policy of the day centre that unrestricted lunds which have not been designated for a specific use should be maintained at a level eqijivalent to befvleen three and six month's of budgeted expenditure which equates lo £8.500 10 £17,000. The trustees considers that reserves al this level VAII ensure that. in the event of a significant drop in funding. they will be able lo continue the day centre's curTent activities while consideration is given lo ways in which additional funds may be raised. This level of reserves has been maintained throughoul the year. The Iruslee5 has a55essed the major risks lo which the day centre is exposed, and are satisfied that systems are in place lo mitigate exposure to the major Ti5ks. New tru51ees are recrurted from existing volunteers who have demonstrated a strong woth ethic and a commrtment to the charity. Structurei govornance and management The day centre is a company limited by guarantee without share capital. The Iruslees. who are also the directors for the purpose of company law. and served during the year and up to the dale of signalltre of the financial statements Ve". Mr N Tanna Mrs P M Sonecha None of the trustees have any beneficial interest in the company. All of the trustees 8re members of the company and guarantee lo contribute £1 in Ihe event ol a wnding up. New trustee5 are recruited from existsng volLtnteers who have demonslraled a strong work ethic and a commitment lo the charity, and provided training approprTale lo theii lunth"on. The Trustees meet regulady lo sel policies and procedures that are to be followed. The trustees, report was approved by the Board of Trustees. Mrs Trustee Sonecha Dale.. ui
JAY JALARAM DAY CENTRE LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the direcloTS of Jay Jalaram Day Centre Limited for the Pufpose of company law, are responsible for preparing the Trustees. Report and the finanual statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each finanual year which give a true and fair view of the state of affairs of the day centre and ol the incoming sourceS and application of resLxJrces, including the income and expenditure. of the chanlable company for that year. In preparing these financial statements. the trustees are Tequired to.. seled suitable a¢countrng F)olicies ar then apply them consisfenuy.. - observe the methods and pnnuples in the Charities SORP.. make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed. subject lo any material departures disclosed and explained in the financial stalements.. and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the day centre will continue in operation. The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable accur8cy al any lime the financial position of the day centre and enable them lo ensu that the financial slalements comply with the Compane$ Act 2006 They a also responsible for safeguardn9 the assets of the day Cent and hence lor taking reasonable Steps for the pVentIOn and detecb.on of fraud and other irregularrties.
Inde endent examinerfs re rt to the trustees of Ja Jalaram Da Centre Limited I report to the Trustees on my examination of the accounts of the above charity I'the chariVI for the year ended 31° March 2025 As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111"the Act"). I report in respect of my examination of the charitws accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 1451Sllbl of the Act. The charl$ gross income exceeded £25,11)O and l am qualified to undertake the examination by being a qualified member of The Institute of Chartered Accounts in England and Wales IICAEWI I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act- or the accounts did not accord with the accounting records,- or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other thars 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. 21" July 2025 Deidre A H Mattison ACA MA
JAY JALARAM DAY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctèd D051gnatod funds funds Propèrty 2025 Total Unrestrleted Deslgnated funds funds Property 2024 Total 2025 2025 2024 2024 Notes Incom& from: Donations and lega¢ie$ Charitable activities Investments 31,427 7,471 2.599 31,427 7,471 2,599 19,253 9,071 417 19.253 9.071 417 Total Income 41,497 41,497 28,741 28,741 Expendlture on: Charitable activities Other expenditure 32,626 920 32,826 920 25,339 810 25.339 810 Total expendltur8 33,546 33,546 26.149 26.149 Nel Income 7,951 7,951 2,592 2.592 Transfers beeen funds 50,000 150.0001 Ngt mov9ment In funds 57,951 150,0001 7,951 2,592 2.592 Re¢on¢lllatlon of funds.. Fund balances al 1 April 2024 29,280 50,000 79,260 26,668 50.000 76,668 Fund balan¢g5 at 31 March 2025 87,211 87,211 29,260 50,000 79.260 The slalemenl of financi81 acliwlies includes all gains and losse8 recognised in the year. All income and expenditure derive from continuing aclivilies.
JAY JALARAM DAY CENTRE LIMITED BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Clsrrent assets Debtors Cash at bank and in hand 10 507 87.994 523 79.983 88,501 80,5C6 Creditors: amounts falling due within one year 11 11.290} 11,2461 Net current assets 87.211 79,260 The funds of the day centre Endowment funds - Property Unrestricted ftjnds 12 13 50.000 29,260 87.211 87.211 79.260 The company is enlilled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2025. The directors acknowlectge their responsibiltties for complying wth the wuiremenls of the Companies Act 2008 with respect lo accounting rerdS and the preparation of financial statements. The members have not qUired the company lo obtsin an auort of its financial statements for the year in question in accordance with section 476. These financ*al slalements have been prepared in aetordance wlh the provisions applicable lo companies subject to the small Gompanies regime The financial statements were approveo by the Iruslees on .-.. ...... Mrs P M Sonecha Trustee Company registration number 09172282 (England and Wales)
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charity infomiation Jay Jalaram Day Cgnlre Limrted bs 8 PriV81e company limiled by guarantee incorporated in England and Wales The registered office Is Old Bank Chambeis. 582-586 Kingsbury Road. Erdington. 8irmingham. Wesl Midland$. B24 9ND. The trading addre55 15 93A Schwl Road. Hall Green, Birmingham B28 8JQ. 1.1 Accountlng eonventlon The accounts have been ?pad in aecordance with the day cenlre's goveming document. the CompleS Act 2006 8nd 'Accounling and Reporting by Charities. Staternent of Recommended Practice applicable lo charities preparing their aecounls in accordance wrth the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. la$ amended for accountsng periods commencing from 1 January 20181. The day ¢enlre 1$ a Publi¢ Benefit Enlily as defined by FRS 102. Assets and liability'es are initially recognised al h151orical cost or transaction value unless olherwt$e slated in the felevant accounting policy nolelsl. The d8y eentre has taken advantsge of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Stalemenl of Cash Fl¢)ws. The financial slalemenls Ofe prepared in sleiling. whth is the fvncbonal currency of the day cenlre. Monetary amounts in these financial statements ale rounded to the nearest £. 1.2 Goln9 conc•rn Al the time of approthng the financial slalements, the Iruslees have 8 re8sonable expectation Ihal the day centre has adequate resources lo continue In operational existence for the foreseeable lulure Thus the Iruslees continue lo adopt the going concem basis of accountsng in weparing the financial slalemenls, 1.3 Charitablè funds Unreslricled lunds are available lor use al the discrelton of the Iruslees in fvrtheranco of their charitable objectives. Designated fijnds eomprise funds whith have been sel aside at the discretion of the trustees for specific purpose5. The purposes and uses ol the designated funds are sel out in the notes 10 the financi81 statements 1.4 Income Income is recognised when the day ¢entre is legally entitled lo rt after any performance condrtions have been met, the amounts can be measured reliably, arKI il is probable that income wll be received. Cash donations are recognised on receipt. Other donab.ons are recognised once the day centre h4s teen notified of the donation. unless performance conditions require deferral ol the amount. Income lax recoverable In relation lo donations received undei Gfft Aid or deeds ol covenant is recognised al the time of the donation Legacies are recogni5ed on receipt or otherwse if the day centre has been notified of an impending distribution, the amount is known, and reeeipt is expected If the amoL*nl is not known, the legacy is treated as a conlingenl asset. 1.5 Expenditure Expenditure is accounted for on an accrual basis and has been darified under headings that aggregate all costs relating to the category. whe costs cannot be direcuy attributed lo particular headings they have been allocated on a basis consistent with Ihe use ol resources.
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Icontlnuedl 1.6 Cash and cash equlvalgnts Cash and cash equivalents include cash in hand, deposits held al e811 with banks, other short-lerm liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borr¢wing$ in current liabilities. 1.7 Flnanclal Instrumènts The day centre has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial inslrumenls. Financial instruments are recognisèd in the day cenlre's balance sheet whgn the day centre becomes party lo the conlraclual provisions of the inslrumenl. Financial assets and liabilities arè offset. with the nel amount5 presented in tho financial slalemenls. when there is 8 legally enforceable right lo sel off the recognised amounts antj there is an inlgnlion lo settle on a n81 basis or lo realise the asset and 5elllo Ihfj liability simultaneously, Basic flnanclal ossets 8asic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using Ihe effective Interest method unless the arranggmenl conslilules a financing transaction. where Ihe transaction is measured al the present value of the ILJlure receipts dis¢oLJnled al a market rate of interest. Financial asse15 classified as receivable within one year ar? not amortised. Baslc flnancl81 liabilltie$ asic linaneial liabilities, including creditors and bank loans are Initially recognised al transaction price unless the arrangement conslilules a financing Irans8elion, where the debt Instrument is measured 81 the present value ol the lulure payments discounted at a market rale tsl Interest. Financial liabilities classified as payable within one year are not amortlsed. Debt instruments are subsequently carried at amortlsed cost, using the effective intero51 ralg method. Trade creditors are obligations lo pay for goods or services th81 have been acquired in the ordinary coursè 01 operations from suppliers. Amounts payable 8re classified as current liabilities if payment is due within one year or less. If not. they are pr8senled as non.currenl liabilities. Trade creditors arg recognised initially al transaction pric¢ and subsequèntly maasured al amortised cost using the effective inler851 method. Dereeognition of financlal Ilabililles Financial liabllilies are derecognised when the day cenlre's contractual obligations expire or are discharged or cancelled. 1.8 Employee benefits The cost of any unused holiday entitlement is rgcognised in the period in which the employee's services are received. Termination benefits arts reeognised immediately as an expense when the day centre is demonstrably commilled lo terminate the employment of an employee or lo provide lerminalion benefits.
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted Unrestricted funds funds 2025 2024 Donations and gifts Gift aid repayments 26,478 4,949 17,221 2,032 31.427 19.253 Income from charitsble actTvities Unrestricted funds 202S Unrestricted funds 2024 Income from ¢harltable activities Tiffin sales Trips Membership fees 4.221 2.250 1,000 4.671 3,250 7,471 9,071 Income from investments Unrestricted Unrestrtcted funds funds 2025 2024 Interest receivable 2.599 417
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charltable activltl Expense5 2025 Expensgs 2024 Food purehase5 Food containers Trips coach hire Website costs Course fees Free events Light & heal Cleaning Legal & profession81 D¢natlDns paid Printing. postage & stationary Hall hire Insuranee Sundry expenses 10.778 1,298 4,300 165 9,119 911 3,850 146 263 2.489 330 2,225 5,410 339 2.334 300 1,457 43 5,184 565 453 798 280 4,580 20S 143 32,626 25,339 Analy81s by fund Unre51ri¢led funds 32.626 25,339 Oonalions include £120 for Marie Curie. £120 lor Diabetes UK, £110 for British Heart Foundation, £110 for Demenlia UK, £110 Icr Stroke and £887 other donations. Trustee8 None of the trustees lor any persons connected with them) r8coiVod any remuneration or benefits from the day centre during the year, Employees The average monthly number of employees durSng the year was.. 2025 Number 2024 Number Employees There were no employees whose annual remuneration was moro than £eo,000. 10-
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Othgr expgndlture Unrestrlcted Unrestrlcted lunds funds 2025 2024 Accountancy 920 810 Taxatlon The charity is exempl from laxalion on it8 acllvitles be¢au$e all ils income is applied for charilable purposes. 10 Dèbtors 2026 2024 Amounts falllng due wlthln one year,. Prepayments and accrued income 507 523 11 Credltors.. amounts falllng due wlthln one year 2026 2024 Accruals and deferred incom8 1,290 1,246 12 Dè$lgnated fundsPropety These are designalod funds which are material lo the day cenlre's activitie¥. At 1 Aprll 2024 Transfers At 31 March 2026 50,000 150,0001 Prevlous year: At 1 April 2023 Tran$fers At 31 Mar¢h 2024 50,000 50,000 Funds had been designated l¢r the purpose of finding 8 Suitable propety. A suitable property has not been found therefore funds have been transferred back lo unrestricted funds. 11
JAY JALARAM DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Unrestrlcted funds The income lunds of the charity include the following designated funds whieh have been set aside out of unreslricled lunds by the Iruslees for specific purposes of purchasing a property for use by the charity. At 1 April 2024 In¢omlng R•sour¢e$ reSoue$ expended Transfers At 31 March 2026 General funds 29.260 41.497 (33,546) 50,000 87,211 Pr•vlous year: At 1 Aprti 2023 In¢omSng Resources resources gxpended Transfgrs At 31 March 2024 General fund8 26,668 28.741 126.1491 29.260 14 Analys1¥ of net assets between funds Unrestrlcted Deslgnatgd funds funds Property 202S Total 202S 2025 At 31 March 2025: Current asselsllliabilili8sl 87,211 87,211 87.211 87,211 Unrestrlcted Oe¥l9nated funds funds Property 2024 Total 2024 2024 At 31 March 2024.. Current asselsllliabilitiesl 29,260 50,000 79.280 29,260 50,000 79.260 15 Related party transactlon$ There were no disclosable related party tranSactn¥ during the year12024- none). 12-