2024-12-31-accounts

Sri Siddhi Vinayak Mandir

Charity No. 01181371

Trustees' Report and Unaudited Accounts

31 December 2024

Accountants DNS Accountants Chartered Accountants 382 Kenton Road Harrow, Middlesex HA3 8DP

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Sri Siddhi Vinayak Mandir Contents

	Pages
Trustees' Annual Report	3
Statement of Financial Activities	4
Summary Income and Expenditure Account	5
Balance Sheet	6
Statement of Cash flows	7
Notes to the Accounts	8 to 9
Detailed Statement of Financial Activities	10 to 14

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Sri Siddhi Vinayak Mandir Trustees Annual Report

Sri Siddhi Vinayak Mandir

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 01181371

Registered Office

10 Bronte Avenye Kingsmead Milton Keynes MK4 4 LQ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

S. Skrishnamurthy N.Kumar G.Mahadevan L.V.Pachala R.R.Raja M.Sethuraman R.Sreevats R.Venkataraman

Accountants

DNS Accountants Chartered Accountants 382 Kenton Road Harrow, Middlesex United Kingdom HA3 8DP

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

N. Kumar

Sri Siddhi Vinayak Mandir Trustees Annual Report Trustee 23 October 2025

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Sri Siddhi Vinayak Mandir Statement of Financial Activities for the year ended 31 December 2024

Notes Income and endowments from: Donations and legacies 4 Charitable activities 5 Other 6 Total Expenditure on: Other 7 Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds 2024 £ 22,383 1,336 986 24,705 18,438 18,438 6,267 6,267 6,267 36,600 36,600	Total funds 2024 £ 22,383 1,336 986 24,705 18,438 18,438 6,267 6,267 6,267 36,600 36,600	Total funds 2023 £ 17,007 1,244 - 18,251 17,285 17,285 966 966 30,333 30,333 966

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Sri Siddhi Vinayak Mandir Statement of Financial Activities

for the year ended 31 December 2024

Income Gross income for the year Expenditure Total expenditure for the year Net income before tax for the year Net income for the year	2024 £ 24,705 24,705 18,438 18,438 6,267 6,267	2023 £ 18,251 18,251 17,285 17,285 966 966

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Sri Siddhi Vinayak Mandir BaanceSheet at 31 December 2024

Charity No. 01181371

Notes Current assets Cash at bank and in hand Creditors:Amount falling due within one year 8 Net current assets Total assets less current liabilities 3 to 4 Net assets excluding pension asset or liability 4 to 4 Total net assets The funds of the charity Unrestricted funds General funds 10 Reserves 10 Total funds	2024 £ 59,003 59,003 (22403) 36,600 36,600 36,600 36,600 36,600 36,600 36,600	2023 £ 52,234 52,234 (21901) 30,333 30,333 30,333 30,333 30,333 30,333 30,333

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating t small companies.

For the year ended 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 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.

Approved by the board on 23 October 2025

And signed on its behalf by:

N. Kumar Trustee

23 October 2025

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Sri Siddhi Vinayak Mandir Statement of Cash flows

for the year ended 31 December 2024

Cash flows from operating activities Net income per Statement of Financial Activities Net cash provided by operating activities Net cash from investing activities Net cash from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Components of cash and cash equivalents Cash and bank balances	2024 £ 6,267 6,267 6,267 52,234 58,501 59,003 59,003	2023 £ 966 966 966 51,726 52,692 52,234 52,234

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Sri Siddhi Vinayak Mandir Notes to the Accounts

for the year ended 31 December 2024

1 Accounting policies

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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting	These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Unrestricted funds
Designated funds	These are unrestricted funds earmarked by the trustees for particular purposes.
Revaluation funds	These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at
	their market values.
Restricted funds	These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
Recognition of income	Income is included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to, and
	virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related expenditure	Where income has related expenditure the income and related expenditure is reported gross in the SOFA.
Donations and legacies	Voluntary income received by way of grants, donations and gifts is included in the the SoFA when receivable and
	only when the Charity has unconditional entitlement to the income.
Tax reclaims on donations and	Income from tax reclaims is included in the SoFA at the same time as the gift/donation to which it relates.
gifts Donated services and	These are only included in income (with an equivalent amount in expenditure) where the benefit to the
facilities	Charity is reasonably quantifiable, measurable and material.
Volunteer help Investment	The value of any vounteer help received is not included in the accounts.
income Gains/(losses) on	This is included in the accounts when receivable.
revaluation of fixed assets	This includes any gain or loss resulting from revaluing investments to market value at the end of the year.
Gains/(losses) on
investment assets	This includes any gain or loss on the sale of investments.
Expenditure	Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and
Recognition of expenditure	is reported as part of the expenditure to which it relates.
Expenditure on raising funds	These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment
	management costs.
Expenditure on charitable	These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its
activities	objects, including the making of grants and governance costs.
Grants payable	All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by
	the trustees at the end of the year but not yet paid.
Governance costs	These include those costs associated with meeting the constitutional and statutory requirements of the Charity,
	including any audit/independent examination fees, costs linked to the strategic management of the Charity,
	together with a share of other administration costs.
Other expenditure	These are support costs not allocated to a par�cular ac�vity.

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Taxation

The charity is exempt from corporation tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Pension costs

The charitv perates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.

The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

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Sri Siddhi Vinayak Mandir Notes to the Accounts

Archana tickets 3 Statement of Financial Activities - prior year Income and endowments from: Total Expenditure on: Other Total Net income Donations and legacies Donations and legacies Total funds carried forward 5 Income from charitable activities Donations Net movement in funds Reconciliation of funds: Total funds carried forward Net income before other gains/(losses) Other gains and losses: 4 Income from donations and legacies	Unrestricted £ 22,383 22,383	Unrestricted Fund 2023 £ 17,007 1,244 18,251 17,285 17,285 966 966 966 29,367 30,333 Total 2024 £ 22,383 22,383 Total 2024 £ 1,336 1,336	Total Fund 2023 £ 17,007 1,244 18,251 17,285 17,285 966 966 966 29,367 30,333 Total 2023 £ 17,007 17,007 Total 2023 £ 1,244 1,244

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Sri Siddhi Vinayak Mandir Notes to the Accounts

6 Other Income

Staf costs Accruals Bank Interest General administrative costs 7 Other expenditure Premises costs Other Direct Costs Legal and professional costs 8 Creditors: Amounts falling due within one year No employee received emoluments. Loans from trustees	£ 2024 £ Unrestricted 433 18,438 6,204 11,299 502 22,403 1,003 21,400	£ 986 £ 2024 Total 433 18,438 Total 986 6,204 2024 11,299 502	£ £ 2023 £ 2023 Total - - Total 7,202 2023 8,705 875 502 17,285 21,400 21,901 501

9 Movement in funds

Restricted funds: Unrestricted funds: General funds Total funds	At 1 January 2024 £ 30,333 30,333	Incoming resources (Including other gains/losses) £ 24,705 24,705 Incoming resources	£ Resources expended (18,438) ((18,438	At 31 December 2024 £ 36,600 36,600

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Sri Siddhi Vinayak Mandir Notes to the Accounts

Net current assets 11 Reconciliation of net debt Cash and cash equivalents Net debt 10 Analysis of net assets between funds		Unrestricted funds £ 36,600 36,600 At 1 January 2024 Cash flows £ £ 6,769 6,769 6,769 52,234 52,234 52,234	£ £ Total 59,003 59,003 59,003 36,600 36,600 At 31 December 2024

12 Related party disp Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the compamy.

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Sri Siddhi Vinayak Mandir Detailed Statement of Financial Activites

for the year ended 31 December 2024

Income and endowments from: Donations and legacies Charitable activities Other Total income and endowments Expenditure on: Other expenditure Premiss costs Rent Peemises repairs and maintenance General administrative costs, including depreciation and amortisation Bank charges Equipment expensed Insurance Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net Income before other gains/(losses) Net gains on investments Net Income	Unrestricted funds 2024 £ 22,383 22,383 1,336 1,336 986 986 24,705 11,299 11,299 6,204 - 6,204 60 143 231 433 502 502 18,438 18,438 6,267 6267	Total funds 2024 £ 22,383 22,383 1,336 1,336 986 986 24,705 11,299 11,299 6,204 - 6,204 60 143 231 433 502 502 18,438 18,438 6,267 6,267	Total funds 2023 £ 17,007 17,007 1,244 1,244 - - 18,251 8,705 8,705 7,202 313 7,515 60 336 166 562 502 502 17,285 17,285 966 966

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Sri Siddhi Vinayak Mandir Detailed Statement of Financial Activites

Reconciliation of funds: Total funds carried forward Other gains Net Movement in funds	- 6,267 30,333 36,600	- 6,267 30,333 36,600	- 966 29,367 30,333

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