2022-04-30-accounts - Pushtinikunj Foundation

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year 01 May 2020 To 30 April 2021

From

Section A Reference and administration details

Charity name Pushtinikunj Foundation Other names charity is known by Registered charity number (if any) 1179674

Charity's principal address Copolia, 14 Cedar Walk

Kingswood, Tadworth Surrey Postcode KT20 6HW

Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Mr Murji Pankhania
2 Mrs Nandu Pankhania
3 Mr Bikhu Popat
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5
6
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14
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Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Memorandum and Articles

(eg. trust deed, constitution)

Company How the charity is constituted

(eg. trust, association, company)

Appointed by board of Trustees Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

The advancement of Hindu Religion, and to assist in the prevention or relief of poverty and to provide relief of those in need (age, disability, ill health, financial and other disadvantages) Summary of the objects of the charity set out in its governing document

March 2012

TAR

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

March 2012

TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

The charity has raised its income through donations. Costs for the current year has been paid by trustees and donors. The charity has continued its objectives during this period. There is a small surplus carried forward to used in subsequent periods in furtherance of the Charity’s objectives.

March 2012

TAR

Section E Financial review

Brief statement of the charity’s policy on reserves

The Charity does not have ongoing costs or fixed outgoings and the trustees intend to maintain only a nominal amount in reserves.

Details of any funds materially in deficit

None

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Mr Murji Pankhania

Position (eg Secretary, Chair, Trustee etc) Date 22 November 2022

March 2012

TAR

Registered number 11302014

PUSHTINIKUNJ FOUNDATION

Unaudited Accounts

30 April 2022

PUSHTINIKUNJ FOUNDATION Report and accounts Contents

	Page
Company information	1
Report of the Trustees	2
Independent Examiner's report to the trustees	3
Statement of Financial Activities	4
Balance sheet	5
Notes to the Accounts	8

PUSHTINIKUNJ FOUNDATION Company Information

Directors and Trustees

Bikhu Popat Murji Pankhania Nandu Pankhania

Accountants

Majish 48a Bowrons Avenue Wembley Middlesex HA0 4QP

Bankers

Barclays Bank Leicester LE87 2BB

Registered office

Copolia 14 Cedar Walk, Kingswood Tadworth England KT60 6HW

Registered number

11302014

PUSHTINIKUNJ FOUNDATION

REPORT OF THE TRUSTEES for the year ended 30 April 2022

The trustees of PUSHTINIKUNJ FOUNDATION present their report along with the financial statements of the charity for the for the year ended 30 April 2022 which comprise of the Statement of Financial Activities and the Balance Sheet The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity's trust deed and applicable law.

Constitution and Objects

Pushtinikunj Foundation is a private limited company and is a registered charity number 1179674. The object of the charity is to further the education and training of children, assist in relief of poverty, provide provide overseas aid/ famine relief and assist in promoting Hindu Religion.

Organisation

The trustees who have served during the period and since the period end are set out on page 2. Trustees are appointed by the board of trustees and serve for 5 years after which period they may put themselves forward to re-appointment.

Trustees' Responsibilities in Relation to the Financial Statements

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 charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

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

The trustees are responsible for keeping accounting records which 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. They 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.

Approved by the trustees and signed on their behalf by:

……………………………………..

Murji Pankhania 22 November 2022

PUSHTINIKUNJ FOUNDATION

Independent examiner's' report to the trustees and board of directors on the preparation of the unaudited statutory accounts of PUSHTINIKUNJ FOUNDATION for the year ended 30 April 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PUSHTINIKUNJ FOUNDATION for the year ended 30 April 2022 which comprise of the Statement of Financial Activities and the Balance Sheet from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

Respective responsibilities of trustees and examiner

The Charity's trustees 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(2) of the Charities Act 2011 ("the 2001 Act") and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general DIrections given by the commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention.

Basis of Independent examiner's report

My examination was carried out in accordance with the 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 you as 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 next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Majish Chartered Accountants 48a Bowrons Avenue Wembley Middlesex HA0 4QP

22 November 2022

PUSHTINIKUNJ FOUNDATION Statement of Financial Activities for the year ended 30 April 2022

Income Expenditure Net movement in funds Balance at year end Balance c/fwd	Unrestricted 2022 £ 41,306 (38,611) 2,695 2,695 2,695	Unrestricted 2021 £ 38,521 (30,242) 8,279 8,279 8,279

PUSHTINIKUNJ FOUNDATION Registered number: 11302014 Balance Sheet as at 30 April 2022

Current assets Net current assets Total assets less current liabilities Net assets Funds Average number of employees	11,039	2022 £ 11,039 11,039 11,039 11,039 Number 0	8,344	2021 £ 8,344 8,344 8,344 8,344 Number 0

The company is a private company limited by shares and incorporated in England. Its registered office is Copolia, 14 Cedar Walk Kingswood Tadworth KT20 6HW.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Murji Pankhania Director Approved by the board on 22 November 2022

PUSHTINIKUNJ FOUNDATION Detailed Statement of Financial Activities for the year ended 30 April 2022

This schedule does not form part of the statutory accounts

Income Donations Received 2 HMRC Gift Aid Resources Expended Donations Made Management and administration 3 Other charges	2022 2022 Funds £ Total £ 36,332 36,332 4,974 4,974 41,306 41,306 37,933 37,933 678 678 38,611 38,611 - - Unrestricted	Unrestricted 2021 £ 29,407 9,114 38,521 30,121 121 30,242 -

PUSHTINIKUNJ FOUNDATION Detailed balance sheet items as at 30 April 2022

This schedule does not form part of the statutory accounts and should NOT be sent to HMRC

Current assets Other debtors Cash at bank and in hand Capital and reserves Profit and loss account Funds Brought forward - General Purpose Net movement in funds - General Purpose	2022 £ 52 10,987 11,039 11,039 8,344 2,695 11,039	2021 £ 65 8,279 8,344 8,344 65 8,279 8,344

PUSHTINIKUNJ FOUNDATION Notes to The Accounts for the year ended 30 April 2022

1 Principal Accounting policies

a) Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

b) Interest received

Interest is accounted for in the period in which the charity recieves interest from the bank and building society.

c) Resources expended

Expenditure is included on a payments basis.

2 Donations and other income Donations Inland Revenue Gift Aid 3 Management and admisnistration Other costs 4 Fund accounts General funds Excess of Expenditure over income Balance at year end		2022 2021 £ £ 36,332 29,407 4,974 9,114 41,306 38,521 678 121 678 121 2,695 8,279 2,695 8,279 Unrestricted funds
		2022 £ 36,332 4,974 41,306 678 678 2,695 2,695

5 Funds

Unrestricted funds compromise those funds which the trustees are free to use in accordance with the charitable objects.

PUSHTINIKUNJ FOUNDATION

Independent examiner's' report to the trustees and board of directors on the preparation of the unaudited statutory accounts of PUSHTINIKUNJ FOUNDATION for the year ended 30 April 2022

Respective responsibilities of trustees and examiner

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general DIrections given by the commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention.

Basis of Independent examiner's report

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act and

• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Majish Chartered Accountants 48a Bowrons Avenue Wembley Middlesex HA0 4QP

22 November 2022