The Mulchand Foundation
Financial statements
for the year ended 28 February 2025
Charity number 1181826

THE MULCHAND FOUNDATION
Flnanclal Statements for the year ended 28 February 2025
Charity information
c.harity rogistratlnn nijmhpr
1181826
Principal offlce
Laltex House
Leigh Commerce Park
Greenfold Way
Leigh
WN7 3XH
Trustees
Rajan Mulchand
Sanjay Mulchand
Venika Mulchand
Secretary
Carl Price
Bankers
HSBC Bank PIC
2nd Floor
Landmark
St Peter's Square
l Oxford Street
Manchester
M14PB
Independent examiner
Justir) Collighan
Lymore
Pleasington Lane
Blackburn
BB2 SJE

THE MULCHAND FOUNDATION
Financial Statements for the year ended 28 February 2025
Index to the financial statements
Pate
Report of the trustees
Independent Examlners, report
Statement of flnancial actlvitles
Balance sheet
Notes to the accounts
&7

THE MULCHAND FOUNDATION
Flnanclal Staternents torthe year ended 28 February 2025
Report to the trustees
The Ilnanclal statements of the charlty for the yearended 28 February 2025. The trustee5 have adopted the provlslons of
Accounting and Reportlns by Charltles.. Statement of Recommended Practice appllcable to ch8ritie5 preparlng thelr 3ccounts
tn accordance wlth the Flnanclal Reportln8 Standard appllcable In the UK and Republit of IrelanLI IFRS 1021 (effective I
January 20151.
Obj*¢tives and a¢tlvltles
The overall objectives of the Charlty are to make donatlons to charltable 1n5tltutlons, for general charltable purposes.
Ensuring our work delSvers our a1rn5
Regular meetlngs are held to declde whlch charitsble instltutlons receive donatlons.
Publlc Beneflt
It Is intended ihèt donations are to be made elllclently, generarlng the greatest benefit to the chosen charifies. The trustee$
have ￿gard to the Charifie5 Comm1551on'5 8uld3nce on pybllc benellt when maklng decls¢ons on donatlons.
Flnan¢lal revlew
It Is the Intentlon of thÈ trustees to endeavour to malntaln a surplus balance on ￿￿reStrICted funds, In order to protect the
charity against the Impact of shortfalls In earned Income. The unrestritted lund$ at 28 February 2015 are £388,06012024
£206,233).
Donatlons received durlng the perlod amounted to £511,49312024 £267,518). wlth charltable donations given out during
the year amounted to E332.01012024.. £298,766). Investment Income during the year amounted to £2,62212024 £2,1371.
There were no 5Igniflcant events durin8 the year that could affect the financial perforrnance or posltlon golng forward.
Future plans
The trustee5 Intend to contlnue with the pro8rèmmt of donètiens in the coming year.
Strurturel governance and mana8omont
G¢verninE Document
The Mulchand Foundbtlon. Charlty Commlsslon Number.. 1181826 was created wlth the oblectSve of maklnK donatlons to
charitable Institutbn5 In such manner as the trustees maythlnkfit. The charlty Is charltable Incorporated or8anlsation.
Recrultment and appointment of newtrustee5 and management commlttee
All Trustees were retained during the year. and therefore thÈ Trustees have no Intentions of any new èppolntments in the
nearfuwre.

THE MULCHANDFOUNDATION
Financlal Statements for the year ended 28 Februèry 2025
Report to the tru5tee5
Organ5sational structure
The Foundatlon has three Trustees, who meet on a regulaT basis to monitor, and coordinate donatlons and the general
runnlng of the Charlty.
Related Partles
The Tru5tee5 have controlling 5hare5 in Laltexand CD Limlted. Durlng the period the Foundation recelved donatlons totallSn8
£500.00012024 £250,0001 fiom Laltex and Co Llmlted. Lgltex and Co Llmlted is a company which Mr Sanlay Mulchand and
Mr Ralan Mulchand are diiectors.
TfUStees' r85ponsibilities lor the linancial statemen1$
The trustees zre responsible lor preparing the Tru5tees' Report and the financlal statements In accordance with appllcable
law and re8ulètlons.
The law appllcèble to tharltles In Englènd ènd Wales requlres the trustees to prep8re flnanclal statement5 for èath finaficlal
year. Under that law the trustees have elected to prepare the Ilnènclal statements In accordance wlth Unlted Klngdom
Generally Accepted Actountin8 PraCt￿e Iunlted Kln8dom Accountlng Standards and 3ppllcable lawl. The tfustees must
not approve the linancl?I statements unle55 they are sat15fled that they 8lve a true and lalr vlew C>f the state of
affairs of the charlty and ol the Income resources and appllcatlon of re50urces, Includlng the Income and
expendiiure, of the charlty loi that period.
In preparlng thesè flnan¢lal 5taternènts, the trusteè5 are requlred to..
select sultable accountlng pollcles and then apply them con$lsteTrtly;
observe the methods ènd prlntlples in the Charltles SORP,.
make judgements and accouTrtlng estlmètes that ère reasonable and prudent-
state whethèr applicable UK Accounting Standards havÈ been followed, subject to any materlal departures disclosed
nd explalned the Ilnanclal statements., and
prepare the flnanclal st8tements on the Bolng concern basls unless It Is InapproprlatÈ to presume thai the chariiywlj
contlnue la bu51ne55.
The trustees art respon51ble for keeping adequate accounting reiords that zre 5ufficlent to show and explaln the charlty's
transactions ind d15close wlth reasonable accur8cy at any tlme the flnanclal posltlon ol the charity and enable them to
ensure that the financial statements comply with the Charitie5 Act 2011, the Charity IAccounts and Reports) Re£ulatlon5 and
the provisions ol the trust deed. They 31e also re5ponslble for safeguardingthe assets of the <harity and hence for takln8
reasonable Steps for the prevention and detection of fraud and other irregL¢larities.
BY ORDER OF THE TRUSTEES
S R Mul¢hand
Trustee
Date
Ighi&ts

THE MULCHAND FOUNDATION
Flnancial Statements for the year ended 28 February 2025
Independent Examlners, Report to the Trustees ofThe Mulchand Foundation
I report on the aciounts of the Foundatioft for the year ended 28 Februiry 2025, which are Set out on pages 4 to 8.
Respe¢tSve responslbilities and b1515 ¢f report
As the charity trustees of the Trustyou are responsible lorthe preparation of the atcounts In actordance wlth the
requirements Df th2 Charltles Act 20111.the Act'l.
report in respect of my ex3min3tion of the Trustee's accounts carried out under section 145 of the 2011 Acl 3nd In cèrrylng
out my Exatnlnatlan I have followed all the appllcable Dlrectlon5 glven by the ChErity Commission under sectlon 145 15llbl of
the 2011 A¢t.
Independent examlner'5 Statement
I have completed my examlnatlon. I confirm ihat no materla1 matters have come to my attention In connectloft with the
examinatlon 8ivin8 me cause to belleve ihat In any mater181 respect..
accountlng records were not kept In respect of the Trust as requlred by sectlon 130 01 the Act,. or
the accounts do not accord wlth those records or,.
the accounts do not comply wlth the appliczble requlrements concerning thÉ form and content ol accounts set out In
the Charlties IAccounts and Reports) Regulatlons 2008 other than requlrernènt that thè account$ glve a'true and falr
vlew. whlch Is not a matter considered as part ol an Independent e￿MInatIOn.
I have no concerns and have comt acrgss ng other Matters In connectlon wlth the exèmlnatlon to whlch attentlan should bè
drawn In this report In order to enable a proper understandlng ol the accounts to be reached.
Justln Colllghan
Lymore
Pleaslngton Lane
Blackburn
BB2 5JE
Date I g 14125

THE MULCHAND FOUNDATION
Flnanilal Statementsforthe year ended 28 February2025
ststement5 01 financial aclivllie5
ZB Februry2025
u￿restrIcted
29 Februry 1024
Unrestrfeted
Note
Inccme from 4Jnètlons
DonatH)ns
SILA93
267￿18
Irjvesimenr income- bank inieiest received
2,622
2,137
Total
$14,IlS
269,655
Expendlture
Cfr•rftsble aetlvltle$
1332,0101
1298,7661
other iesources expendod-suppgrt wsis
NETINCOME
181,827
RECONCILIATION OF FUNDS
TOTAL¥UNDS fARRIEO FORWARD
181,827
29,347

THE MULCHAND FOUNDATION
Financial Statements foT theyearended Z8 February 2025
Balance sheet
Note
28 F¢￿¥￿ry2015
29 Febwary2ts24
Curient •Mets
Cash at bank and In hand
payrneThts
ags,gsg
2,126
388,085
203,832
2,426
A£ccru31s
25
15
2$
2S
388,060
206,￿5
Funds
QpeThlno unr85(rlcted fund5
ProlitdurSnothe ye8r
aoslngunresirlcted fund5
Z06,133
181,827
388,060
23S,$79
29,347
206,233
The accounts were approved by the Trusteeson
i Ils Izp25
S R Mul¢h•nd
Tr￿StA•

THE MULCHAND FOUNDATION
Financial Statèments for thè year èrtdèd 28 February 2025
Statements of flnandal acllvltles
A¢¢¢untlntg pollcles
Basls of pyeparlng the flnanclal statement5
The flnanclal statements have been prepared in accordance with applScable UK accountlng standards and the
Charitie5 Act 2011 and follow the recommendatlons In the Statement of Recommended Practice.. Accounting bv
Charitie5 Ithe SORPI. They have been prep3red under the historical cost Conventlon.
A55e55ment of Bolng concern
The trustees conslder that there are no materlal uncertalntles about the ch3rity'5 abllity to contlnue as a 8oln8
concern.
Income
All Income Is reco8nised in the St&ternent of Flnanclal Actlvltles once the charlty ha5 entltlernent to the funds, It Is
probable ihat the Income wlll be recelved and the amount can be measvred rellably.
All voluntary Income 1$ Included In Sncome on recelpt.
Expendlture
Llabllitles afe recognlsed as expendlture as soon as there Is g legg1 or constructive obll8atlon commlttlng the
charlty to that expenditure, It Is probèblt that a transfer ol economlc beneflt$ w511 be requlred In settlement and
the amount of the obllgatlon can be measured rellably. Expenditure Is accounted for on an accrua15 bas15.
Allocatlon and apportlonmtnt of costs
Expendlture has been classif¢ed under headlngs that aggregate all cost related to the category. Where costs
cannot be dlrectly attrihuted to partlcular headlngs they have been èllocated to actlvlties on a basls cons15tent
wlth the use of resources.
Taxatlon
The charltyls exempt from corporarlon tax on Its charltable actlvltie5.
Fund accountlng
Unrestrlcted funds can be used In accordance with the charltable Dbjectlves at the dIsC￿tIOn of the trullees.
Restricted fund5 can only be used for p3rtlcular re$trScted purposes wlthln the objects of the charlty. Restrlrtlons
arise when specified by the donor or ¥Yhen funds are raisetl for particular restricted purposes.
Furthef explanatton ol the nature and purposo of each fund 15 included in the notes to the financial statements.

THE MULCHAND FoUNDAT￿N
Flnanelal ststsmenr6 for iheyeaiended 28 F•b￿ary2025
Staioments of fiywnclal actIvI￿￿5
28 February
20ZS
28Febn¢•ry
2024
DonaUNs
511,493
267,S18
Ch4ritabl¢ 8ttiVili¢s•rtd support ¢o>is
Ch31itsble dDnatbD5
Resources expended
332.DlO
278
332.287
29B,766
236
794.00?
Tlu%l*AI' i*murt*r*Iloh*r￿ b#h￿1t$
Th•TFustees donot rece￿eaDYrernUnerlll0n.
Anal￿[￿01n*II1mt$bitW1•n funds
Currqntass•ts
Unwe5tr1rt*d lunds
388,060
206,233
Ttyt•llur¥s
JB8,060
206,133
Relatedp4rty d￿￿0￿u[lI
OuDnsth¢voortho Found?tlun ietEW don•¢lon*i¢ul1i￿£S0o,c￿o[2O24'. E250,0001 froffl L11t￿ ènd Cr>Llrnitsd. 4 cornpJnyol
whkhSJnl•y Mvlch•ndandR•lan Mul¢hand¥reélrectors.Anyw$tsof •dmlnl$t•rln8 rho £harty are bomE by Liltèi •od CoLknW.
0urln8th1y￿1l￿ Founditltsn r•c•lwd donitlons totilllrts £3,CpJ312014.£4,W51 frornS4nlayMulchand. a Iruste•olth•chaFlty•nd
£5.5fpll2OZ4 £5.7001 Ircm Bharotl Mulchand. motherof 53nl4¥Mulchand.
T￿trUst1￿h*￿ noi r•¢eiv•dany r•murteroiionorfiimbuuemerti tyf e*•n$•$ Ind Ih*i¢w•M no•nWoyeesdurfn8thewr.
LTrJmwntswere oulStindln8 beiwttn •lthorpBrty Itthiyearond
Ulllmi* coMrollknE pJrty
Th• cornpanywaseontiolltd by th•Ao•rd4lTfY$tee$ thmuihoutlheyÈ•f y￿*r ievlew.