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
mom￿r9 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 t￿￿tee$ on my examInat￿n 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 webS￿e 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
a0￿nI 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
R￿trIcted 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•
$w￿d 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 p￿pared 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 prepa￿n¥ therr ac¢ounts in aC￿rdanCe ¥￿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 alK*Ut the ¢harlVs ablllty to condnue.
Fund A(co￿tI
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 eCor￿mI¢ benefits associated with the transactlon wlll flow to the
charlty and th(tr amount e*) be T￿l*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