## **Trustees' Annual Report for the period**
Period start date Day Month Year **From** 01 May 2023
Period end date Day Month Year 30 April 2024
**To**
## 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**
**----- Start of picture text -----**
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 Resigned 09 Jan 2024
Mr Nareshchandra Appointed 09 Jan 2024
4
Pau
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
## **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**
1
## **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)
How the charity is constituted
Company
- (eg. trust, association, company)
Trustee selection methods
Appointed by board of Trustees
- (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**
**Summary of the objects of the charity set out in its governing document**
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)
March **2012**
**TAR**
2
**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**
3
## Section D Achievements and performance
The charity has raised its income through donations. Costs for the current **Summary of the main** year has been paid by trustees and donors. The charity has continued its **achievements of the charity** objectives during this period. There is a small surplus carried forward to **during the year** use in subsequent periods in furtherance of the Charity’s objectives.
March **2012**
**TAR**
4
## **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** 25 October 2024
March **2012**
**TAR**
5
Registered number 11302014
## PUSHTINIKUNJ FOUNDATION
## Unaudited Accounts
30 April 2024
## **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 (resigned 09 Jan 2024) Murji Pankhania Nandu Pankhania Nareshchandra Pau (appointed 09 Jan 2024)
## **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
1
## **PUSHTINIKUNJ FOUNDATION**
## **REPORT OF THE TRUSTEES for the year ended 30 April 2024**
The trustees of PUSHTINIKUNJ FOUNDATION present their report along with the financial statements of the charity for the for the year ended 30 April 2024 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 25 October 2024
2
## **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 2024**
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 2024 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
25 October 2024
3
## **PUSHTINIKUNJ FOUNDATION Statement of Financial Activities for the year ended 30 April 2024**
|**Income**
Expenditure
**Net movement in funds**
**Balance at year end**
**Balance c/fwd**|**Unrestricted**
**2024**
**£**
55,717
(59,986)
(4,269)
(4,269)
(4,269)|**Unrestricted**
**2023**
**£**
19,132
(24,450)
(5,318)
(5,318)
(5,318)|
|---|---|---|
4
**11302014**
## **PUSHTINIKUNJ FOUNDATION Registered number: Balance Sheet as at 30 April 2024**
|Current assets
Net current assets
Total assets less current liabilities
**Net assets**
**Funds**
Average number of employees|1,452|**2024**
**£**
1,452
1,452
1,452
1,452
**Number**
0|5,721|**2023**
**£**
5,721
5,721
5,721
5,721
**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 25 October 2024
5
## **PUSHTINIKUNJ FOUNDATION Detailed Statement of Financial Activities for the year ended 30 April 2024**
_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**|**2024**
**2024**
**Funds £**
**Total £**
52,895
52,895
2,822
2,822
55,717
55,717
59,943
59,943
43
43
59,986
59,986
-
-
**Unrestricted**|**Unrestricted**
**2023**
**£**
16,261
2,871
19,132
24,438
12
24,450
-|
|---|---|---|
6
## **PUSHTINIKUNJ FOUNDATION Detailed balance sheet items as at 30 April 2024**
_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|**2024**
**£**
26
1,426
1,452
1,452
5,721
(4,269)
1,452|**2023**
**£**
39
5,682
5,721
5,721
11,039
(5,318)
5,721|
|---|---|---|
7
## **PUSHTINIKUNJ FOUNDATION Notes to The Accounts for the year ended 30 April 2024**
## **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||**2024**
**2023**
**£**
**£**
52,895
16,261
2,822
2,871
**55,717**
**19,132**
43
12
**43**
**12**
(4,269)
(5,318)
**(4,269)**
**(5,318)**
**Unrestricted funds**|
|---|---|---|
|||**2024**
**£**
52,895
2,822
**55,717**
43
**43**
(4,269)
**(4,269)**|
## **5 Funds**
Unrestricted funds compromise those funds which the trustees are free to use in accordance with the charitable objects.
8
## **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 2024**
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 2024 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
25 October 2024
1