THE DIWALI FOUNDATION FINANCIAL STATEMENrs PERIOD TO 4 MAY 2025 F¢rguson Maidmellt & Co
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner s Report Report to tho trusteesl momr9 of The Diwali Found'on On accounts for the ymr ondod 4 May 2025 Charfty no (If any) 1190061 Set out on pag•8 I report to the ttee$ on my examInatn of the amyjnts of the above charlty (Ihe Tru8f) for the year ended 0410512025. Ra•pon•lblllll•s and A8 the charity trustees of tr Trust, you are responsible for the preparation ba818 ol rnport of the accounts in accordance with the requirements of the Charities Act 2011 fthe ACY). I rep in respect of my examination of the Trust's 8ccount8 carried out under Section 145 of the 2011 Act and in carrying out my examination, I have folbwed the applicable Directions given by the Charty Comml88ion under sectjon 145{5){b) of the A(*. I have completed my examination. I confim that no material mattern have come to my attention (other than that disc108ed below") in connection with th8 examination vthich give8 me cause to believe that in, any material accounting record8 were not kept in accordance with section 130 of the Act or the accounts do not accord wrth the accounting re¢ord8 Independent oxamlnorfs statem•nt I have no concerns and have come across no other mattern in connection wtih the examination to which attention Should be drawn in order to enable propèr understarKling of accounts to be reached. ' Please delete the ordS in the brackets rflhey do not 8ppIy. Slgned: 24th February 2028 Nam•: Vivek Kapo( Relevant profeulonal qualiflcatlon(s) or body (rf any): The Institute of Chartered Accountants in England and Vlales (ICAEW). Address: 8th Floor, 167 Fleet Street L(KKlon EC4A 2EA IER October 2018
Section B Disclosure Only comwe rf the examiner needs to highlight matters of concem {se8 CC32, Independent examinatton of charity accounts: directions and guidance for 8xaminers). Glve here brief detalls of any itsms that the examlner wlshe$ to disclose. IER Octob•r 2018
THE DIWALI FOUNDATION Ststement of Flnanclal Artivltles for the year ended 4 May 2025 Totsl Funds Op•nln8 balan 39A66 99A66 IOA71 Donath)ns Glft ald 86,695 7L783 Tithi Incom• 91,033 91,lJ33 77.339 Exp•ndltur• Food & Hampers Computer and webSe costs Managln8 & Admlnlsterin8 charlty Accountln8 fees 62.277 62,2n L3 1093 420 5SJ69 574 2,093 420 493 Totsl Exp•ndltw• 57.911 IO•lldtl I Stsrplus lorih• year 24,943 19,395 a0nI 8•lan 39,866
THE DIWALI FOUNDATION Balance Sheet as at 4 May 2025 20 2024 8•F•nce •t b•nk Cjeditors 420 Unrestrirted funds RtrIcted fvnds W9 39.16• 39.866 Th* fln•nci•l st•tom•nts wefe •ppro¥ed th•Tn4t••s •nd •ythortsed for tssue •nd •r• $wd on th•ir behalf trf. Ch•if
THE DIWALI FOUNDATION Notes to the accounts For the year ended 4 May 2025 Stat ent ol Ilan These flnancial statements have been ppared in ¢ompllancÈ wtth FRS 102, The Financial Reportirvd Standaid appli¢able In the UK and the Republlc of Irdand.. the Statement of Recommended Practlce ppIFcable to charltles prepan¥ therr ac¢ounts in aCrdanCe ¥th the Hnancial Reportin8 Standard appllcable In the UK and Republlc of Ireland IFRS 1021 Ichafftles SORP IFRS 10211 and the Charltles Act Bo51$ olprwratloTr Thè flnanclal statements have been prepared under the hlstorkal cost conventlon wlth Items rttognlsed at C05t or tran5actbn value. The finandal statements are prepared In sterlln& whSth 1$ the functional currenty of the entlty Golni Concern There are no matertal uncertalntles alKUt the ¢harlVs ablllty to condnue. Fund A(cotI Unrestricted funds are avallable for use at the dlxretfjon of the trustees to further any of the charws purpo. estrl¢ted funds are suble¢led to restrl¢Uons on thelf expendlture declared by the donor or throu8h the ternis of an apwl. Ificoml R•Ul¢•5 All income Is Included In the ststement of financial t•then entltlement has passed to the charlty, it is probable that the eCormI¢ benefits associated with the transactlon wlll flow to the charlty and th(tr amount e) be Tl*blY me•sured. The followinG 5peclfic pollrle5 ore applled to partlcular ¢ate8orles of Income.. - Income from charitable acriwtie5 Is re¢o8nlsed when eamt. . Income from other sources is reco8ni5ed when receivable. Expendlture Is reco8nSsed on an ac¢ruaLs basls as a Ilablllty Is Incurred. Expendfture Indude5 any VAT whlch cannot be fulty rttovered, and Is classffied under headlngs of the statsment of financlal artivitles to 1th It relate& AII ¢osts are allocated to expendlture categorie5 reflectln8 the use of the resource. Dlrect costs attributable to a single athity are allocated directly to that actlvity. Shared costs are apportloned between the artmties they contribute to on a reasonable. justifiable and conslstent basts.
THE DIWALI FOUNDATION Notes to the accounts For the year ended 4 May 2025 Note I 2025 2024 Accrual 420