Greater Reading Nepa1¢60 Communlty A￿latIon (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
Be￿shIre
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 obl￿ts 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• yo*r
1. GRNCA conducted a volunteers app￿la￿On prcrfJram distnbutsng a ￿rtffic8te$ and tokens of love
to acknOw￿￿ge about 100 volunteers for thar valuable contnbubon towards the community and
mo15valed them for th￿r 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 la￿U5 Nepalese Arts'sts wh￿h 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 eX￿lJed 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 examInat￿n 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 follow*d 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 eXaminat￿n (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
reqU1￿ment that the accounts gwe a 'true and fair view which is not a matter considered as part
of an Inde￿dent 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
u￿rn Gran
27.9253t Dthwiitsn/E￿rda/H￿Xc
29,Yn56
29,Th56
SIM7.10
9I7155 F¢oibAII
2LN).Lll Events Re￿￿dexpE
Ijs4￿ Gr4ni rtknted
li.9￿62
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 FFEqUlFq￿ts
47832
n4.49
n4A9
70XM.2B
iQ96
812n.44
lim.23 B4nk.Comm k¢
76J86.40 TOTALCUARENT ASSEts
.fK) Attr￿1
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 Feb￿ary 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