Jet Singh TrMst Charitable Incorporated Organisation Charity Number: 1173535 ANNUAL REPORT AND FINANCIAL STATEMENTS Period of accounts Start Date 1 ' April 2024 sl End Date 31 March 2025 Wombourne Hoiise He8lhmillRoad Wombourne WV5 8BD info@jelsinghirusl.org www.ielsiri9hlrusl.org TRUSTEES REPORT History of Jet Singh Trust The Trust was set up in memory of Wolverhampton bom Jatinder Singh Chatha (1983 - 2016), affectionately known as Jet. Jet was an accomplished wrestler who competed on the international stage. He was a skilful fitness trainer with an outstanding passion for coaching people to good health. His untimely passing in 2016 was to mark the inception of the charity in his name. AIMS and OBJECTIVES Our aim is to galvanise people to join together to improve their physical, mental and social health, while simultaneously fundraising for a diverse range of worthy causes. Community spirit forms the bedrock of the Trust. KHALSA SEVA CHARITABLE TRUST On an international scale, Jet Singh Trust has decided to help support on a long term basis - Khalsa Seva Charitable Trust. Khalsa Seva is a non profit making organisation based in New Batala Colony, Batala Jalandhar Road, Punjab, India. Their mission ststement is 'Lifting the vulnerable out of poverty,. We currently sponsor 60 orphaned children in their orphanage. SERVE HUMANITh SERVE GOD They are a charity in Chandiarh India that help spinal chord patients. We are in regular contact with Swaranjeet Singh (president) who provides us with updates on how our donations are being spent and also investigates appeals of help. We share their video updates wrth our regular donors via social media channels. We have been able to donate to them and the construction of their third purpose built Spinal Chord Hospital in Chandigarh, India. Patients are able to access completely free treatment and rehabilitation here. We feel extremely proud to have launched the new 'Self Employment Project, under the guidance of SHSG, where we can purchase E-Rickshaws to empower people to start their own businesses and provide for their families. STRUCTURE, GOVERNANCE AND MANAGEMENT Type of governing document How the charity is constituted Trustee selection methods meeting of charity trustees Constitution Association Appointed by a resolution passed at a TRUSTEES Davinder Singh Chatha kiafvindei siiigh Cliath- Narinderjit Kaui Mahal Daniel Paul Lhandip Bal Amritpal Singh Chatha FVENTS APRIL ?0?4 - MARCH 20?5 1414/2024 Wellness walk West Park Wolverhanipto 2615/2024 - 1 Ok Telford Run 12U2P, Wrestlirig compc,tiliori 111 Ldlitul I11(a U 112024 We51r)ess walk Snowdori for SLJnrise £21812024 - Wellriess Wcilk Hiniley Park 2119/2024 Annual Dinner Gala Night 26110/2024 - Wellness Walk Telford Wreakin 24/1112024 Wellness Walk Cardingmill Valley 23112/2024 - Sikh Combat Games 181112025 Wellness walk Malvern Hills 112/2025 - Mindfulness and Yoga afternoon hosted by Dani Grieveson 213/2025 - Wellness walk Cardingmill Valley 221312025 - Mindfulness and Yoga afternoon hosted by Dani Grieveson 23/312025 - Wolverhampton 10 K run JET SINGH TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity No. 1173535 JET SINGH TRUST INDEX Pa8e LEGAL AND ADMINISTRATIVE INFORMATION REPORT OF THE INDEPENDENT EXAMINER STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET ACCOUNTING POLICIES NOTES TO THE FINANCIAL STATEMENTS JET SINGH TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees D S Chatha A Ch3tha H Chatha N Mahal CBal D Paul Registered Office.. Foley House, Heath Mill Road, Wombourne, Wolverhampton, WV5 8AP Bankers: Lloyds Bank PLC, 12 Swan Street, Warwick, Warwickshire. CV34 4BJ Accountants: UHY Hacker Young (Birminghaml LLP, 9- 11 Vittoria Street, Birmingham, 813ND JET SINGH TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES Respective Responsibilities of Trustees and Examiner The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ithe Charities Act) and that an independent examination is needed. It is our responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission lunder section 1451511 bl of the Charities Act, and to state whether particular matters have come to my attention. Basls of independent examlnerfs statement Our examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examlnerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connectlon 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 the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. Michael Nielsen 19 January 2026 Relevant professional qualification and body: ICAEW- Quallfied Accountant UHY Hacker Young (Birmingham) LLP 9-11 Vittoria Street Birmingham BI 3ND JET SINGH TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Restricted Unrestricted Restricted Fixed Asset Funds Funds Funds Note 2025 2024 INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Donations Donations (Chatha Family Donations) Unrestricted Grants Investment Income 97,808 36,043 97,808 36,043 92,900 23,399 Income for Charltable Actlvltles Restricted Grants 10,000 TOTAL INCOMING RESOURCES 133.851 133,851 126,299 RESOURCES EXPENDED Charltable Actlvltles Charitable Activities Premises and Running Costs 118,788 14,417 118,788 26,783 118,795 21,396 io 10,000 2,366 TOTAL RESOURCES EXPENDED 133,205 10.000 2,366 145.571 140,191 NET INCOMING/{OUTGOING RESOURCES) 646 (10,000) (2,366) (11,7201 113,8921 Transfers between Funds NET MOVEMENT IN FUNDS 646 (10,000) 12,366) (11,720) 113,892) Fund Balances brought forward 177,864 85,605 6,796 270,265 284,157 FUND BALANCES CARRIED FORWARD 178.510 75.605 4,430 258,545 270,265 JET SINGH TRUST BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note FIXED ASSETS Tangible Assets 4,430 6,796 CURRENT ASSETS Debtors Cash at Bank and in Hand 2,940 253,455 256.395 1,028 264,601 265,629 LIABILITIES Amounts due within one year 2,280 2,160 NET CURRENT ASSETS 254,IlS 263,469 TOTAL ASSETS LESS CURRENT LIABILITIES 258,545 270,265 FUNDS Unrestricted Funds Restricted Funds 178,510 80,035 177,864 92,401 TOTAL FUNDS 258,545 270,265 The financial statements on pages 3 to 9 were approved by the trustees and authorised for issue on 19 January 2026 signed on their behalf by., Name,. Narlnderjlt Mahal Signed: JET SINGH TRUST ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2025 Basis of Preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} {effective l January 20191 Charities SORP IFRS 102), the Financial Reporting Stanook value At l April 2024 At 31 March 2025 4,091 2,401 2,705 2,029 6,796 4,430 2025 2024 DEBTORS Prepayments Accrued Income 735 870 158 1,028 2.205 2,940 LIABILITIES Amounts due within one year: Accruals 2025 2024 2,280 2,280 2,160 2,160 FUNDS Restrlcted Restricted Flxed Assets Unrestrlcted At l April 2024 Surplus for year Transfers between funds 177,864 646 85,605 6,796 {2,3661 At 31st March 2025 178,510 85,605 4.430 Funds are designated as follows.. General Unrestricted Reserves General Restricted Reserves Fixed Asset Reserves 178,510 85,605 4,430 178,510 85.605 4,430 JET SINGH TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 FUND5 (CONT'D) The Charity is carrying funds of £256,34212024'. £270,265). £166,575 {2024'. £177,864} is general unrestricted reserves. £85,60512024 £85,605) is general restricted reserves and £4, 16212024.. £6,796) is restricted fixed assets resenies. Restricted Restrlrted Flxed Assets Unrestricted Analysis of Net Assets Net Current Assets Fixed Assets 178,510 85,605 4,430 4.430 178.510 85.605 DONATIONS Donations {See Note 121 Unrestricted Restricted 2025 2024 133,851 116,299 133,851 116,299 FUNDING FOR TRUST'S CHARITABLE ACTIVITIES Grants Isee Note 13) Unrestricted Restricted 2025 2024 10,000 10,000 2025 2024 INVESTMENT INCOME Bank Interest 2025 2024 STAFF COSTS Wages & Salaries (Note 101 Social Security Costs No employee earned £60,000 p.a. or more The average number of employees was.. NIL Management & Administration JET SINGH TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Re5trirted 2025 2024 RESOURCES EXPENDED Charitable Expenditure Grants to other Charitie5 Charitable Activities 94,937 23,851 118,788 94,937 23,851 118,788 102,501 16,294 118,795 Unrestrlcted Restricted 2025 2024 10 RESOURCES EXPENDED Management & Administratlon Staff Costs Governance Costs Isee Note 11} Payroll costs Motor & Travellin8 Expenses Depreciation Vehicles Depreciation - Fixtures & Fittings Profit & Loss on Disposal Insurance Advertising and Marketing Printing, Postage and Stationery Rent and Rates Repairs and Renewals Bank Charges Computer Costs Sundry Expense 2,280 2,280 2,160 30 30 676 434 1,256 1,623 363 902 640 1,524 977 540 722 11,941 676 434 1,256 1,623 163 8,428 445 165 1,223 60 14.417 163 8,428 10,445 165 1,223 60 26,783 10,000 270 1,297 59 21.396 12,366 2025 2024 11 GOVERNANCE COSTS Fees paid to Independent Examiner 2,280 2,280 2,160 2,160 Unrestricted Restricted 2025 2024 12 DONATIONS Other Donations from the Public Other Donations from the Trustees 97,808 36,043 133,851 97,808 36,043 133,851 92,900 23,399 116,299 JET SINGH TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrlcted 2025 2024 13 FUNDING FOR TRUST'5 CHARITABLE ACTIVITIES Other Government Grants National Lottery 10,000 10,000 14 TRUSTEES REMUNERATION & EXPENSES No remuneration or expenses were paid to trustees during the year. 15 RELATED PARTY TRANSACTIONS Davinder Chatha is a trustee of Jet Singh Trust. During the year, Davinder Chatha. members of the Chatha Familv. and other trustees, made personal donations to Jet Singh Trust totalling £36,043 12024.. £23,399) to cover management and administrative costs of running the charitv.