REGISTERED CHARITY NUMBER: 1185387 Repoyt of the Ti'ustee5 Unaudited Financial St8lewents for tlie YÈAI. Ended JI Marclt 2024 roi- LoYadhrn Pariv2r UK KBMD Liniiled Cl)artei'<d Certified Accouniai)Is Maple House 382 Ken(oii Road HaOW Middlesex HA3 9DP
Loyadham Parivar UK Contents of the Financial St*tements foi. tlie yeay ended 31 March Z1124 Page Repoi't of tli¢ Trustees ldependet EIaniiJieT s Report Stat¢iiicnt of FinanLial Aclivitie5 Balance Sljeet Ntstes to tlie FinanciAI Slal¢Ment. 6 10 10 Detailed Stateiiient of Finaneial ActlVTtics
Loyadham Parivar UK R¢port of the Trustees for the year ended 31 Mareh 2024 Tlie Tru5tee5 of the ¢hJrity foi. the puwoses of the SORP (FRS 102) preseiii theii. ieÈx)rt wi(1) Il)e uiiaudiied fii)aii¢ial lateiiieiils of the cliai'ity for th¢ y¢ai' ¢iid¢d 31 Marcl? 2024. OBJECTIVES AND ACTIVITIES The objects of the charity set out iij its govei'nii)u docunieiit are a5 follow5.' To promoie Iiidian culnii'e and Hindu reli1017 iii ihe UK to eiicouiage racial l)ai'niotiy for public beiiefit and to preveiJt aiid relief of povery iii India by assisting iii the provisioii ol educatioji, trainiiig and liealth care projects. And to relive elderly people iii Iiidia aiid propagation of the Hindu faith, in particular Bl)agwan sw8111inarayaii. The Ti'ustees liave paid due regai to guidance issued by the Chariry Coininissioii iii decidiiig wliai ac(iviiies (he trust should undertake. ACHIEVEMENT AND PERFORMANCE 'rhe charity Is con5titutioiially ii)dependeiit orgaiiisation aiid woi'kiiig on advancing aiid propagating Ihe Indiaii culiure aiid Hiiidu relig011 Eli paiticulai. Swaniiiiar&yan faith. Our youth take part iii ai)d help Drganise streei walks aiid sireei briefiiig every few nioiiihs. The aini is crinie preveiition atid kiiowiiig our local conin)Iinity in Kentoi). ReligiDu5 Activities.. Tl)e all of the chariry is lo provide se¥vice of worsliip and medit&iion &nd &lso allow believei's lo practice their faitli, to foster hai-InDlly, non-violeTrce, (oleraiice aiid good Cilizeiiship of Ilie people. Tlie charity gtlso pyovides I'esouiies Isacred iJJ'iE]ted material, Pen di'Eve, Vide05, aiid Youtiibe etc.). The cliai'ity aclively encourages iii(lividuals of all backgrounds, i'egardless of ilieir level of litei'acy 10 pai'tkcipate tlie aciiviiies. W0h7p of Bliagwaii Shi'ee Swaminarayai), tl)is ii)volved pl'ayers, singiiig devoiioiial l)yiiins aiid sl)ared religiously blessed food, Oi'gaiiised Hii?du f¢stiwo1 celebrati011s, foi. exarnple Diwali, tlie Neiv Year 18ccordiiig to tlie Hii)du calendar), Janma5htmi. Raiii Navanii, Swaiiiii)ai2yan Jayanii and various other festivals. Pi'ocess of haviiig pemi&iieii( place foi. woi.ship l)as beeii iimpleniented by settii)g up fixed n)andate froni bank accoun( per iTroi)th by IneTllb¢rs aiid fund i'aisiiig eveiily. FINANCEAL REVIEW Duriiig the year, tlie dollatsoti income received as per expEciatioiis. The TIStetS would like to thank all th¢ ni¢nib¢r5 for Ihe successful acÉiYilies foi. geiierati2ig 1]ds. It is the policy of the tr115t ihat uiirestricted fijnds wliich liave iiot been desiwiated for a specifIc use should be niaiiilaii)ed at a level eqlliyaleiit io I)et,Cen tliree- aijd six-nioiitli's expclidile. Tlie TnEstee8 COtisideiB thAt reserves at Iliis level will en5uI'e that, Éli tl)e cvcilt of a 8igiitfJcaiit drop iii fundtiig, (hey will be able to coiitiiiue tlie ttW5t'5 currellt activitie5 wliile coiisideratloll L5 giveii to way5 in wliich additional fiEnds tnay be I'ai5ed. Tliis l¢vel of r¢serv¢s has b¢¢n Inaiiitained thi'oughout th¢ year. IM establishing this policy, tl)e TiStee$ coiidllcis an Ai)iiual review of the lev£1 of uiii'esti'Ècted reserves iii the general fi)nd by coiisideritig I'isks associated with the vai'ious iJ?coine sti'eaiiis, expei)ditt]re plaiis and balance sl)¢et itein5. This eiiables an estimate to be made of the level of Irserves tliat are sufficieiit to allow tiine for ie-organisaiioii iii Il)e even( of dowiituni iii iii¢ome oi. asset values- io protect ongoing work pi'oxramwne., and to allow the Cliarity lo nieet its objectives. Page I
Loyadham Parivar UK Report of tlie Trustees for the year ended 31 March 2024 STRUCTURE, C:OVERNANCE AND MANAGCMENT I-IIL Lliai-ily is coiiii'olled by its governiti& docuiiienls. Ilie 17ienioi'andum and arliclcs of association. All Ti-uslees Iiave beeii allocdtEd all aiea of ie5poiisiI)iliiy which, wliei'E possible. is in accoi'daiice witl) tlieir skills aiid expL'I'ieiice. 'riic Tii]stees al'e I'espoiisible foi. keepii)g pi'oper accouiiiiiig recoi'ds Ihat disclose witli IEasoiiable accuracy at aiiy tinie IfRS 102). The Trustees are also iespoiisible foi- safeg7uai'diiig (lie assets ofihe chai'iry alld lieiicc takiii¥ reasoiiable steps foi. Ilic pieveiitioii aiid deieciioii of fraud and other ii'regularilie5. -rhc above ieport lias been prepared in accordaiice will? the provi5ioiis applicable iii ac¢ordai)c¢ with the Cliai'ities SORP IFRS 102). IIF.FERENCE AND ADMINISTRATIVE DF,TAILS I'li<irily No.: 1185387 IlegTlStered Otrice 81 ByiDii Road HAO 3PB Tru51ees I'he followiiig TiSte¢S served during the year: Sliaileslilcutnar Patel Iiiiji Dcvji Kerai Lalji Muiji Patel Miliii'kuinai. Paiel Aceouiitaiits ICBMD Liniited 38? Keiitoii Rd, l-ldri'ow Mi(Idle5ex HA3 9DP B1( iiker5 Metro Baiik Uiiit l The Mall Edgjwaie Middle5ex HA8 7BD Appi'oved by order of the board of trustees oli and signed on its behalf by.. Mi. S R Patel Ti'usiee Page 2
Independent Ex#min¢r'$ Report to ¢h¢ Trustee5 0 Loy#dham PaYiv#r UK Independeiit examinev'5 report to tlie trustees of LoyadhaTh P%iivar UK I repoi'l to Ilie cliarity wustees on my exaiiiiiiattoii of tlie accouitts of Loyadliani Parivar UK (the Trust) for tlie year elided 31 Marcli 2024. Re5POn5ibilitie5 and ba$is of repovt As the ¢liarily trustees of tlie T27J5t you are I'e5poitsible foi. tlie preparaiioii of the accouiits iii ac¢ordai)ce with tlie I'equireiiients of the Charities Act 2011 {'tlie Act'l. Irport in I'espect of Tr)y ex&miii&tion of (l)e Tmsi's &ccouiiis carried oui uiidei. Sectioii 145 of Ilie Aci ai)d in carryiiig out iiiy exaniination J liave followed all applicable Direclioiis giveii by the Cliarity Commissioii under Section 14515)Ib) of th¢ A¢t. l]Jdtpeiident Examiiiey's statement I have conipleled my examinatioi). I confii'ni tliat no i)iatei'ial mailers have come io my atteniioi) in coniieeiioii with tl)e exaimiiialion giviiig me cause to believe that ii) any material respect.. accouiiting records were Iiot kept iii respect of tlie TINst as Yeqiiired by Section 130 of the Aci: or Ilie accoui)ts do i)ot accord with ihose re¢ords', oi. the accouiits do not coniply witl) the applicable lequiienieiits con¢ei'iiing the form and coiiteni of accouiits set out iii tlie Cliai'Eties {Accoui?¢s and Repurtsl Regulations 2008 oiher than any requirenient th&r the accoiints give a Irue aiid fair view whicli is not a matter coiisideied as part ol. ali iiidependent examinaiioi). have no ooiic¢i'iis and have come across no other matters iii coiine¢tioii wilh the exaiiiijiatioi) to which atteiitloll should be di'awn iii this report in order lo ¢n&bl¢ a propel. uiidersLanding oftl)e accouiils to be leached. Bhave511 Bhudia, Bsc, FCCA. CFA. ARA KBMD Liiiii¢ed Chartered Certified Ac¢ouiiiaiits Maple Houst 382 Kentoii Road Harlow Middlesex IA3 9DP Date.. Page 3
Loyadham Payivar UK Statement of Financial Activities for the )'ear ended 31 Mareh 2024 31.3.24 UnY¢stricted fund 31.3.23 l-oial funds Notes INCOME AND ENDOWMENTS FROM DoiiaiioTrs atid legacies 228JS11 108,813 EXPENDITURE ON Rai5iiig 1)dS 35,680 54,265 NET INCOME 192,678 54.548 IICCONCILIATION OF FUNDS 'I'oial fLinds bi'ought foimiard 148,025 93,477 TOTAL FUNDS CARRIED FORWARD 340,703 148,025 The iioies fonii p&rt of tliese financial sia(eiiietits P&Ee 4
Loyadham Parivar UK Balance Sheet 31 March 2024 31.3.24 Unresti'ilted fuijd 31.3.23 Toial fuiids Note5 CURRENT ASSETS f)ebtors Casli 8t baiik 7.392 334,691 149,348 342,083 149,348 CREDITORS Aniounls falliiig due wiihiii one yeai. (1,380) (1,323) NET CURRENT ASSETS 340,703 148,025 TOTAL ASSF.TS LESS CURRENT LIABILITIES 340,703 148,025 NET ASSETS 340.703 148,025 FUP4DS Uiire51ricted funds 340,703 148.025 TOTAL FUNDS 340,703 148.025 The fiiiancial staien)ei)Is were approved by the Board of Trusiees aiid auil)orised foy issue }.. - ¥Lf.... IL.4.. Lind were sigi)ed 01) its behalf by.. on Mi. S R Patel - Trustee Mr L M D Patel - TIStee Tlie notes forni part of Ihese fiiiancial Statement5 Page 5
Loyadham Parivar UK Notes tu the Finaneial Statements for the year ended 31 March 2024 ACCOUNTING POLICIES Basis of PTeparing tlie finAntial stateimeiits Tlie fiiiancial staieijients of tl3e charity, wliscli is a piiblic beiiefit elltity under fRS 102, liave been prepaird iii accordance wi(li Ihe Cl7ai'iiies SORP IfRS 102) 'Accouiitins atid Rei)oi'tiiig by Cliai'ities.. StatenTreiit of Recoiniiiended Piactice applicable 10 charitaes prep(Ii'ing their accounrs iii accoi'dance willi the Fii)ancial R¢poitiiig Siandard applicable iii tl)e Ull aiTrd Republic of Ii'elaiid (FRS 102) {elTec(ive l January 20191,. Fiiiaiicial Repoi'tiiig Siandai'd 102 'Tlie financial Reporliiig Standai'd applicable in the UK aiid Republic ol. Irelajid. and the Chai'ities Act 201 l. Tl)e fiiiaiicial stateiiieiits li1¢ ve been piepaied ullder Ilie hi5101.ical cosi coiiveiitioll. Incoine All iiicome is recogiiised ii) Ihe Staleilleiil of Fiiiaiicial Aciivities oiice tlic cli¢ll'iry lias received the fund5, it 15 probable Illat tlie ilico1e will be received and Il)e aniount cai) be llieasuiLcI i'eliably. Eipenditvre Liabilities are recogni5ed as expeiidituie as SOOTt as thei'e 1.5 a legal or coiisiructive obligaiioEI comn)iitin¥ tlie eharity to that expenditure, it IS Probable tliat a trai)sfei' of ecoiioini¢ beiiefiLS i¥iII l)e reqiiired in settlenieiit ai)d the a1110LEnt ol. the obligaiioii cali be Ineasiiied reliably. Expetidiuire is accoiiilted for when paid aiid has been cla55ified uiider headiiigs tl)ai axL5regate all c05t related to the c8tegory. WIFere costs caniiot lje (Eirccily attYibLIIEd to particular headiiigs they have been allL)Laled to activities 011 a basi5 con5isieni wilh th¢ use of iesources. Taxatio Tlie charity is ex¢iiipt froin tax oli it5 cliaritable aciivities. Fund aecounting Ulliesti'icted fi]iids can be used iii accoi'dance with the charitable objectives at tlie discirtioii of the Iruslees. Resti'icted fjjnds cali oiily be used foi. p&rticulai' iestricted pui'poses withiii tlie objects of tlie chai'ity. Re51rictioiis ayibe wlien 5pecifIcd by Il)e doiior or M,heii fuiids are i'aised for particulai. Icslricted piirposes. Fuitlier explaiiatioii of the n&wie aiid purpose of eacli fiiiid is Éncliided iii the Iiotes to tlie fiiiaiicial slatenieMIs. RAISINC FUNDS Raising donation5 amd leg4cies 31.3.24 31.3.23 Suppoi'i Costs JS,080 54,265 P8ge 6
Loyadham Payivar UK Notes to the Financial Stalements- continued for the year ended 31 March 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, reniuneration oi. other benefits for the year elided 31 March 2024 1101. for tlie ye&r ei)ded 31 March 2023. TiiJ51¢es' e%pen5e5 Thci'r weie iio twsttts, expeiises paid for the year ended 31 Marcli 2024 1)or foy Ihe ye21. ei)ded 31 Mai'ch 2023. COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresiricted fiiiid INCOME AND ENDOWMENTS FROM th)ii0iioiis aiid legacies 108.813 EXPENDITURE ON Rai51Eig thiids 54,265 NET INCOME 54,548 RECONCILIATION OF FUNDS Total fi]iids bi'ought forwai'd 93,477 TOTAL FUNDS CARRIED FORWARD 148,025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other debtors 7?92 Page 7 contii)ued...
Loyxdham Parivar UK Notes to the FinAnLi¥l SlateniL'llts - continued for the year ended 31 March 2024 CREDITORS.. AMOUNTS FALLJNG DUE WITHIN ONE I'EAR 31.3,24 31.3.23 Otliei. creditoi's 1,380 1,323 MOVEMENT ITr1 FUNDS Nei movenicnl iii ti]iids At 1.4.23 At31.3.24 UnrestYict¢d funds G¥iieral fuiid 148.024 192,678 340,703 TOTAL FUNDS 192,678 340,703 Net iiiovenieiit fuiids, it)cluded iii the above &i'e ds fL)IIuM'5'. Iticomtng resoiTYces Re¥ouices expended Movenieiii Unyestrieted fund5 Geiieral fuiid 228,358 {35,680} 192,678 TOTAL FUNDS 228,358 (35,680) 192,678 Compar2tives for ihovemellt ali funi15 Net mowenieiTrt in fvnds Ai 1.4,22 Ai31.3.23 Unvestricted funds G¢ii¢ral fuiid 93,477 54,548 148,025 TOTAL FUNDS 93,477 54,548 148,025 Page 8 coniinlled...
Loyadham Parivar UK Notes to the Financial Slatements- continued for the year ended 31 March 2024 MOVEMENT IN FUNDS- continued Coniparative iiet tiioveiiient Èn funds, included in the above are as follows.. Tn¢oniiiig resoui¢es Resoui'ces expended Moven)ei)t iii fudS Unrestricted fund5 Geiieial fund 108,813 154,265) 54,548 TOTAL FUNDS 108,813 {54,265} 54.548 A curirnt yeai. 12 months and prior yeai. 12 nioiiths coi)Ibiiied position is as follows.. Nei movenieiit iii funds At 1.4?2 Ai 31.3.24 Unrestillcted fund5 Geiiei'al fui)d 93,477 247,226 340,703 TOTAL FUNDS 93,477 247,226 340.703 A ciirreiit year 12 moiiihs and prior year 12 months Coinbined i)et moveiii¢iit iii fuiids, ilscluded in ilie above al-e as lollows.. Iiicoimin resoiii'ces Ilcsoiirces expeiided Moveniei)t Utirestyicted Geiieral fiind 337,171 (89,945) 247,226 TOTAL FUNDS 337.171 {89,945) 247,226 P8ge 9 coniiiiued...
Loyadham Parivar UK Note5 to tlie FinanLial Stdtement.s - eontinued foi. the )'ear ended 31 MarLI) 2024 RELA TED PARTY DISCLOSURES Tliere were i)0 Irlated pai'ty traiisactioiis foi" the )rar elided 31 M?L rcli ?024. P8ge 10
Loyadham Parivar UK Detailed Statemeut of Financial Activities for the year ended 31 March 2024 31.3.24 31.3.23 IP4COME AND ENDOWMENTS Don2t10115 aiid legacies Gifts 228,359 96,987 11,826 Giftaid 228,358 108,813 Total incoming resources 228,358 108,813 IXI'ENDITURE Sui)poi't cost5 Accouiiiaiicy Food provisioiis Hdll Hire Doii<ilÈoiis giveii 1,380 9,600 11,896 1.323 637 11,255 35,000 6,00 3,900 8,904 Eveiit C05t 35,680 54,215 Fiiiance Baiilc cliai-gLs 50 Total resources expeiided 35.680 54,265 el Trncoine IY2,678 54.548 Thi5 pagL dtse5 110( fomi part of tiitr sta(IEtoiy I'iiiaiicidl staleni¢iil