Greater Reading Nepa1¢60 Communlty AlatIon (GRNCAI ICIO Al¢xlell Flnanclal Statemont For the year ondod 01 Fobruary 2023 Chavlty Reg. Numb•r. 1181709
Gre•ter Reading Nepalese C(ffimunty Association IGRNCA) Charity Inforniatlon 32 The Wllows Caversham Reading RG4 8BD Bank•r8 Barclays Bank Broad Street Reading Berkshire Independont Ex•mln•r•: KBN Accountants Limited 12a Castle Street Reading BeshIre RG1 7RD.
Greater Readlng Nepalese Community Assoclatlon IGRNCA) Contents Page TrLtstees Report Independenl Examinerfs Rewt Income StslemenVBaianc8 Sheet Notes lo financial ststements 7-8
Greater Readlng Nepalese Communlty Assoclatlon (GRNCA) Trustee's report Charity Reglstration number- 1181709 For the year ended 01$1 February 2023 Charlty'8 Prlnclpal addres•: 32 The Wllows Caversham Reading RG4 88D Charlty Ttu8t• Nam• of rSOn1b0dY to appolnt Tru•ts6• AGM Mr Tek BahadurGufung Mr Dhan Bahadur Rana Magar Mr Ornkar Adhikari AGM AGM Mrs Sushila Gurung Mr Iman Sing Rai Mr Yog Raj Limbu Mr Yadav Shrestha Mr Saroj Thapa Mr Tul 8ahadur Gurung Mr Bhimsen Khadka AGM AGM AGM AGM AGM AGM AGM Mr Bikram Shrestha AGM Mr Jagannath Sapkota Mr Mani Subedi AGM AGM Name of ChairmanlPresidenl or narres of senior staff rnber8 {Oplional Infom*lionl MrTek Bahadur Gurung
Grnater Readlng Nepalese Community As8oclath>n IGRNCA Trusts•'s report Charlty Registration number- 1181709 For the year ended 01" February 2022 structure, govemance and management Descrlptlon of tha charlty'8 tW8t• Type of governing document Constrtubon Trustees Appointment Elethon by General and lrfe members Charltable Object8 Summary of the oblts of the charity sel out in its goveming dc£ument 11 To promote pnmarily for the benefft of the Nepalese Citizens in Reading. Berkshi and surrounding area by.. al The advancement of education and Iraining bl The relief of poverty, sickness and distress cl The promotion of good health and dl The provision ol recreational faCil.eS in the interest of swal vKlfare with the object of improving their con¢Jrtions of lila 21 To advance the education of the Pltblic on all aspects ol Nepalese history and cutture K•y ActlvltJ• durlng lh• yor 1. GRNCA conducted a volunteers applaOn prcrfJram distnbutsng a rtffic8te$ and tokens of love to acknOwge about 100 volunteers for thar valuable contnbubon towards the community and mo15valed them for thr dedicatson lo the community Some qualified doctors and nurses who did volunteer came along to the programme to explain atout their experiences and share their knowledge to the community Session Included an Interaclion program among youths to make the organisation MO Inclusive and wider participth.on 2. GFINCA con¢JuGte¢ 18th Reading Cup Football Tournament 8ucces¥fvlly. The toumamenl ha8 been celebrated as a glonous and Important event of the Nepali swety based in UK with the help of Nepalese Community e5pe¢ially from Reading residents 3 GRNCA continued its, Language dass for Ih05e who were interested to leam Nepali Language These dasses were online wth a consideratson of COMD PANDEMIC. 4. GRNCA conducted a rtUal Bhanu Jayanti p• event to attract youths to the communty by irterature 5 GRNCA partiapated In East Reading Fesbval wth a perfOMwn of Nepalese music and typical folk dance 6. GRNCA conducted a Nepalese New Year5 paty wth laU5 Nepalese Arts'sts whh was 8 nice opportunity to bring all the music lovers in one place and to exchange their greeb'ngs each other for Nepalese New year 2079.
Unfortunately. GRNCA couldn't carny out some of our regularactivities tecause there was sth'll a fair amount of fear of Covid 19 which was not completely eliminated Financial r•view The year has observed a fair amount of growth in revenue wmpared to previous period, partly contributed by the Gfft aid donation as well Public donation for covid help, community events and football game have been major contributor in revenue generation. however. the expenditures seem to have eXlJed resulbng into 8 small overall financial deffiul dunng the perrod. Declarallon The tsuslees declare that they have approved the trustees. report atove. Signed on behalf of the charity's trustees Signature Isl Mr Bhimsen Kh•Jka Chairman Date.
Independent Examlnevs Report for the trustees of Greater Reading Nepalese Community As8ociatlon (GRNCA) For the year •nded 01 February 2023 Reparts to the trusleeslnEmber5 of Greater Reading Nepalese Community Assouabon Icharrty number 11817091 on accounts for the year ended 01 February 2023, set out on pages 4-5. I report lo the trustees on my examInatn of the accounts of the above chanty for the year ended 0102 2023. Ru¢tIVa Mpomlbllltlm of tN8t•M and the •xamin•r As the charity's trustees. you are resFiJnsible for Ihe weparabon of the acwjnts in aca)rdance wrth the requirements of the Charities Act 20111.the knr) I report in respect ol my examination of the Charity's xcounts carri out under sectr.on 145 of Ihe 2011 Act and In carrying out My examination, I have followd all the applicable Directs'ons given by the Charity Commission under section 14515llbl of the kt My examination work has been undertaken so that I might stste to the Charrty's members those matters that l am required to slate to them in an examinerfs report an¢Y for no other purpose. To the fullest extent permitted by law, I do not accept orassume resFL)nsibility to anyone otherthan the Chanty and its, members as a body, for ry work, for this port, or for the opinions I have lom)ed. B•81• of Independent Ex•mlneV8 slatement My examination was Carr out In CordanCe wrth General Directions gr¥en by the Charities Cornmission An examination includes a review of accountirig records kept by the charty and a comparison of the ac¢ounls presented wrth the records held It also Include5 ¢onsilerab"on of any unusual items or disclosures in the accounts and seeking explanations from the trustees eon¢ming any such matters Ttte procedures Ltndertake consequently no opinion Is given as lo whether the account present a true and fair view and the report Iimrte(I to Ih¢)se matters set out in the statement below. Independenl Examlnefs statem•nt The charity's gross Income has exceeded £25,000 and l arn qualified to undertake the examinab'on by being qualified member of Assoaab'on of Chartered Certsfied Accountsnts. I have completed my exarninab.on I confirm that no material matters have come to my attention in connecbon with the eXaminatn (other than that disdosed below ') which gives me cause lo believe that in, any material respect". Ihe accounting records were not kept In accordance with secbon 130 of the Charities Act.. or the accounts did not ac¢ord with the accounbng records." or
the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan any reqU1ment that the accounts gwe a 'true and fair view which is not a matter considered as part of an Indedent examinaljon I have no concems and have come ac¥oss no other matter5 in connection wth the examinabon lo which attention should be drawn in this rep)rt in order to enable a proper understanding of the accounts to te reached. Bishwa Pudasaini FCCA KBN Accountsnts Limited 12a Castle Street. Reading Berkshire, RG1 7RD
67 urn Gran 27.9253t Dthwiitsn/Erda/HXc 29,Yn56 29,Th56 SIM7.10 9I7155 F¢oibAII 2LN).Lll Events RedexpE Ijs4 Gr4ni rtknted li.962 16W99 616.65 1OOA8 45)94 Nep4110 97141 11,939% Don*ikn 119.58 DepTethU 20MYty.63 3W.93 DeMilorthVp In62 31.W5. no BALANaSHEEr ASATisfiEBRVARYX FIXED ASSE NBV 178J2 FFEqUlFqts 47832 n4.49 n4A9 70XM.2B iQ96 812n.44 lim.23 B4nk.Comm k¢ 76J86.40 TOTALCUARENT ASSEts .fK) Attr1 143A8 OJ)J 7624252 TOTALLSSET3 81AB5.93 .648.rffj Retam¢d8uypluS F) A85.93 81M5.93 Date
Greater Readlng Nepalese Community Associatlon (GRNCA) Notes to the financlal ststements For the year ended 01 Febary 2023 l. Accountln8 Policles 1.1. Accountlng convention The accounts financial statement5 have been prepared under the historical cost convention. except for investments which are included at market value, and in accordance with applicable United Kingdom accountin8 Standards and the requirements of the Statement of Recommended pract1 ISORPI. Accountlng and Reportin8 by Charities 1.2. Income Income have been derlved from various sources like membership fee. various social events and activities. Restricted fund, if any, for example, grants ceIVed from any Instltutlons have been accounted as income in the accounts only after the expenses have been Incurred in the specified sector and the condltion of the 8rant have been met 1.3 Tan8lble flxed assets and depreclatlon Depreciatlon has been calculated based on expected useful Ilfe of the assets. as follow5: Fixture5, fittin85 and equipment 20% Reducing balance basis 2. Operatlng surplusldefklt 2023 2022 Operatlng surplus1ldeficitl 1310.031 3.860.96 3. Income Resource$: Oonation/events Bank Interest Gift Aid Donation 26,940.57 67.87 4,676.35 Tan8lble fixed assets Flxiurns, Flttlnls & Equlprnent Totsl At 2 February 2022 Addition s97.• 414.79 597.90 414.79 At 01 February 2023 1012.69 1012.69 Depreciation Al 2 February 2022 Charge for the year 119.58 178.62 119.58 178.62
At 01 February 2023 298.20 298.20 Net book values At 01 February 2023 714.49 714.49 At 2 February 2022 478.32 478.32 5. Debtors 2023 (£) 4.62 2022 {£) Recelvable 6. Credltoys 2023 (£1 20221£) s.c Accruals Payables 143.88 51)0.¢)J 643.88