2022-03-31-accounts - Pujara Charitable Foundation

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Charity Registration Number 1171969

PUJARA CHARITBALE FOUNDATION FINANCIAL STATEMENTS To 31/03/2022

FINANCIAL STATEMENTS Period to 31 March 2022

CONTENTS	PAGE
Trustees Annual Report	2
Independent Examiners report	5
Receipts & Payments Account	6
Statement of Assets & Liabilities	7
Notes to the financial statements	8

PUJARA CHARITABLE FOUNDATION TRUSTEES ANNUAL REPORT PERIOD TO 31 MARCH 2022

The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the period to 31 March 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name PUJARA CHARITABLE TRUST Charity registration number 1171969

Registered office 17 WINDRUSH DRIVE, LEICESTER, LE2 4GH

THE TRUSTEES

The trustees who served the charity during the period were as follows:

AJAY ADATIA HANSA POOJARA HITESH PUJARA MANISH KOTECHA NIKITA PUJARA PANNA PUJARA

STRUCTURE, GOVERNANCE AND MANAGEMENT

Pujara Charitable Trust is a registered charity and a Charitable Incorporated Organisation (CIO) governed by its Constitution dated the 09[th] of March 2017. The charity was registered with the Charity Commission of England and Wales on 09[th] March 2017. The trustees to the charity are appointed by the majority decision of serving trustees. The charity activities are managed by the trustees.

OBJECTIVES AND ACTIVITIES

The objectives of the organisation, as set out in its governing document are:

(1)

To relieve financial hardship, distress and suffering among poor people, victims of natural disasters and other people in need by means of, but not exclusively, making grants or loans for providing or paying for items, equipment, services and facilities, including the provision of food, clean water, clothing, livelihood programmes, and accommodation for the benefit of the said persons;

(2)

To relieve sickness and to preserve good health among persons in need, by means of, but not exclusively, the provision or assistance in the provision of equipment, medicines and facilities, such as testing and treatment centres and clinics for the benefit of the said persons;

PUJARA CHARITABLE FOUNDATION TRUSTEES ANNUAL REPORT (CONTINUED) PERIOD TO 31 MARCH 2022

OBJECTIVES AND ACTIVITIES (Cont..)

(3)

To advance education for the benefit of the poor, the illiterate and the general public by means of, but not exclusively, the provision or assistance in the provision of educational resources, equipment, activities and facilities, such as schools, libraries and training centres, and the provision of scholarships;

(4)

The promotion of moral or spiritual welfare by making grants to provide facilities for worship and religious education for the benefit of the public.

The activities of the charity are to support charitable projects furthering the objects of the charity via grants.

ACHIEVEMENTS AND PERFORMANCE

During the period, the charity supported various charities with similar aims, which benefited over 1,000 people in the UK and India. Some charities supported include Together Against Cancer, Help The Homeless, The Akshaya Patra Foundation UK, Pushti Nidhi UK, The BIG Give, Wells on Wheels, Jalaram Sadavrat Leicester Trust, Asian Foundation and Places of Worship and Education centres in the UK.

FINANCIAL REVIEW

The charity relies upon the generosity of the public and sponsors. The charity is grateful to the donors and sponsors who supported our appeals and fundraisers. During the year, total donations of £16,566 was raised as income and £18,895 was raised via rental income, which gave the total income for the period as £35,462 (including £1 of interest). Of these funds, the charity incurred expenses of £28,831. Of these £27,065 were given in grants. The charity is in sound financial position and has maintained reserves of £44,968 for future expenditure on charitable activities in furtherance of the aims of the charity.

PLANS FOR FUTURE PERIODS

The charity intends to continue supporting charitable projects and holding fundraising appeals to increase the number of beneficiaries.

PUBLIC BENEFIT

The trustees have given due regard to the public benefit requirements and guidance of the Charity commission and can confirm that they are meeting these requirements for the benefit of the public and are benefitting the public by advancing education, building spiritual welfare and reliving sickness.

PUJARA CHARITABLE FOUNDATION TRUSTEES ANNUAL REPORT (CONTINUED) PERIOD TO 31 MARCH 2022

INDEPENDENT EXAMINATION

The Trustees require an independent examination of the accounts as the charity’s income is above £25,000. The Trustees have appointed Fusion Consulting Services Ltd as the Independent Examiner.

RESPONSIBILITIES OF THE TRUSTEES

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the trustees

Mr Hitesh Pujara ____ Trustee & Chair Date: 17/01/2023

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PUJARA CHARITABLE FOUNDATION YEAR ENDED 31 MARCH 2022

I report on the accounts of the charity for the year ended 31 MARCH 2022 set out on pages 6 to 8.

Responsibilities and basis of report

As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s 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 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.

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 understanding of the accounts to be reached.

17.01.2023

Fayyaz Suleman Independent examiner Accounting Department Fusion Consulting Services Ltd 8 Dronfield Street, Leicester LE5 5AS

PUJARA CHARITABLE FOUNDATION RECEIPTS AND PAYMENTS STATEMENT

PERIOD TO 31[st ] MARCH 2022

*Notes* Restricted Funds £ RECEIPTS Donations - Property Rent - Gift Aid - Interest - TOTAL RECEIPTS - - PAYMENTS Grants 12,302 Legal and Professional Costs Bank Charges Website LA Rates - Stationery and Printing - Promotion costs SUB TOTAL PAYMENTS 12,302 TOTAL PAYMENTS 12,302 NET RECEIPTS (12,302) RECONCILIATION OF FUNDS Total funds brought forward 12,302 TOTAL FUNDS CARRIED FORWARD -	Unrestricted Funds £ 16,566 18,895 - 1 35,462 14,763 942 475 240 58 51 - 16,529 16,529 18,933 26,035 44,968	Total Funds 2022 £ 16,566 18,895 - 1 35,462 27,065 942 475 240 58 51 - 28,831 28,831 6,631 38,337 44,968	Total Funds 2021 £ 15,164 15,250 11,610 4 *42,028* 32,114 2,899 279 4 - 98 253 *35,647* *35,647* *6,381* 31,956 *38,337*

PUJARA CHARITABLE FOUNDATION STATEMENT OF ASSETS AND LIABILITIES

PERIOD TO 31[st ] MARCH 2022

*Notes* Restricted Funds Notes £ CASH FUNDS Cash at Bank & in hand - INVESTMENT ASSETS Investment Property 172,500 LIABILITIES Loans returnable Accountancy Fees TOTAL LIABILITIES Signed on behalf of the trustees Mr Hitesh Pujara Trustee & Chair ________ 17/01/2023	Unrestricted Funds £ 44,969 (1) (675) (676)	Total Funds £ 38,337