Chari istrAtion No 1191157 S K COMMUNITY UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 S K COMMUNITY Contents of the Financial Statements for the year ended 31 Mareh 2025 PAge Report of tbe Trustees Statement of Financial Aetivit Balance Sheel Notes to the FinaDeial Sthtemellts 8-10 S K cOm￿￿￿y TRUSTEES RKPORT FOR THF YEAR ENDED 31ST MARCH 2025 The Tnjstees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisons of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities issued in March 2005. REFERENCE AND ADIIIINISTRATIVE DETAILS Registered Ch&rity Number 15 1191157 'stered Offjce 42 Druid Road, Coventy CV2 4AT Chari Trustees Mathew Daniel (Cbair) Biju Jobll Georgekutty Thomas Tijo Joseph Thomas Chgcko STRUCTURE, GOVERNANC& AND MANAGEMENT Governing Document The Charity is controlled by its governing documents, a constitution adopted on 04 September 2020. Appointment of Trustee5 All the Trustees are appointed at the Annual General Body Meeting of the Charity Risk MaDagement The Trustees have a duty to identify and review the risks to which the charity exposed and to ensure appropiate ¢ontrols are in place to provide re&sonabl¢ &ssurance against fraud and error. Current Bgnk Account The Charity operartes current bank account with Lloyds Bank PIC S K COMftrWNrrY TRUSTEES REPORT FOR THE YEAR EP4DED 31ST MARCH 2025 OBJECTIVES AND AcT￿lTIEs Objectives and Aims The main obje¢tive of the charity is to promote Social, Cultural, Eeonomic and Comrnunity Development in the ethinc minority community (mainly Kerala Expatriates) and enh￿]Ce integration of the cornmunity to the United Kingdorn The tnain actitives of the Charity are organising cultural, sport and faTnily events during the year The charity is run by volunl¢ers, without remuneration. No salary paid to the trustees during the year FINANCIAL REVJEW Reserves Policy The Charity reserves held to fund its current and future activities. The retsined Surplus of the charity a5 of 31 March 2025 was £3,509.95 { £1,543.86 on 31 March 2024) Funds IT) deficit There is no funds in deficit Principal Funding Sources The Charity principal sources of fund5 are income from subcriplion, sponsorship for the events, raffle contribution from the meJnbers for the events, Charity Donation Appeals Programmes during tbe Year Cultural Event (Onam Festival) organised by the charity in Coventy on 21 Sep 2024 to raise funds. Charity help to runs the traditiona] indian drum and dance classes on weekly basis Charity help to runs the onee in a month te&1 coffee service in sacred heart ¢hur¢h hall Charirty actively involved in ihe Charity Fund rasing raffle in Dec 2024 S K COMMUNITY TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2025 Trustees, respollsibllities for the fifjauctsl statements The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charity and of the income and expenditure for that peri(Kl. In preparing those financial statements the Trustees are required to: select suitabl¢ accounting policies and then apply thern consistenlly. observe the methods and principles in the applicable Chariiies SORP. make judgements and estimates that are reasonable and prudent. * state whether applicable accounting standards and ststements of recommended practice have been followed. and prepare the accounts on the going concern basis unless it is inappropriate to presume that the Charity will continue its operations. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the Trust and to enable them to ensure that the accounts comply with the Charities Act 2011. the applicable Charities (Accounts and Reports) Regulations and the provisions of the trust dee( They are also responsible for safeguarding ihe assets of the Trust and hence for taking reasonable Steps for the prevention and detsction of fraud and other irregularities. ON BEHALF OF THE TRUSTEES AND CHARITY Tijo Joseph Trustee 30 September 2025 Biju John Trustee 30 September 2025 PugÈO S K COMMUNrrY STATEMENT OF FINANCIAL ACTIVITES FOR THE YEAR Ef4DED JI MARCH 2025 2025 Total Fullds 2024 Total FuDds Unrestricted Restricted Fuods Funds Notes INCOMING RESOURCES Ineoming resources from Eenerated funds Stewardship Income Sponsorship tncome Events Income Gift Aid Income Aid Appeal Income Other Income 14,940 1,702 14.940 1,702 450 10,663 li 450 Totsl IncomADg Resource5 16,642 450 17,092 10,663 RESOURCES EXPENDED Cost of generating funds Cost and expenses of generating income and governing cosis Aid Appeal Contributions Other Resources expanded 13,782 13,782 10,092 1.344 1.344 TotAI Resources Expanded 13,782 1,344 15,126 10,092 NET INCOMllYG RESOURCES BEFORE TRANSFERS 2,860 (894) 1,966 571 Gro85 transfers betsveen funds Net jDeomillg l (outgoing) resources 2,860 (894) 1,966 571 RECONCILIATION OF WUNDS Total funds brought forward 1.544 1,544 973 TOTAL FUNDS CARRIED FORWARD 4,404 (894) 3,510 1,544 Pw7 S K COMTrtUNITY BALANCE SHEET AS AT 31 MARCH 2025 2025 Total Funds 2024 Total Funds Unrestricted Restricted Funds Funds Not¢8 FIXED ASSETS Tangible Ass¢ts CURREP4T ASSETS Debtors Cash in Hand Cash at bank- Cwrent Account Cash at bank- Reserve Account 3,510 3,510 1,544 3,510 3,510 1,544 CREDITORS: Amounts falling due within one year NET CURRENT ASSESTS 3,510 3,510 1,544 TOTAL ASSETS LESS CURRENT LIABILITIES 3,510 3,510 1,544 NET ASSETS 3￿10 3,510 1,544 FUNDS Unrestricted Funds De51ganted Fund(Fixed Asset Reserve) Restricted Fund5 3.510 3,510 1,544 TOTAL FUNDS 3,510 3,510 1,544 Th¢ financial statement were approved by Trustees on 30 September 2025 and were signed on its beh If b/y Mathew Daniel Trustee and Cbaimall Georgekutty Thomas Trustee as Chacko Trustee and Treasurer S K COMMUNITY NOTES TO THE FINANCIAL STATEMKNTS FOR THE YEAR ENDED 31ST MARCH 2025 AccouDting Polieles Bosis of accountiDg The fIn8￿Cl￿ statements have been prepared under the historical accounting rules and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) the Charties Act 2011 and the requirements of the Satament of Recommended Practi¢e, Accounting and Reporting by Charities Depreciatio Depreciation of fixed assets is calculated to write off their cost or valuation less 8ny residual value over their estimated useful lives as follows, T￿gible Assets Computer Equipments 20Yo straight line basis straight line basis Ta￿tion The Charity is exempt from tax on ils charitable activities Ineomillg Resourees All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quanitfi¢d wilh reasonable accuracy. Resources Expanded Expenditure is ac¢ount¢d for on an ￿QUralS basis and has been classified under headings that aggregate all cost related to the category, where costs cannot be directlry attributed to particular heading5 they have been allocated to activities on a basis eonsistenl with the use of resources. Fund Accoulltittg Unrestricted funds can be used in accordance with the ¢hartiabl¢ objectives at the discretion of the trustees Restricted funds can only be used for particular reslricted purposes within the objects of the Charity Restrictions arise when specified by the donor or when funds are raised or surplus relain for parti¢luar restrict¢d purposes 8nd further approval of the Board IAGM S K COMMUNITY NOTES TO THE FINAf4CIAL STATEMENTS FOR THE YEAR EP4DKD 31ST ￿RCH 2025 Trustees Remuneration and Benefits There were no trustees remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 Mareh 2024. Trustses Expenses There were no trustees expenses paid for the year ended 31 Mar¢h 2025 nor for the year ended 31 March 2024. EveDts Income 2025 2024 Event l - Culturdl Event Event 2 - Drum Class Event 3 Event 4- 14,120 820 9,173 180 945 365 Events Expense Event l - Cultural Event Event 2 - Drurn Class Event 3 - Event 4- 12,822 960 8,862 180 855 195 Debtors Other Debtors Other Receivables Creditors: Amounts falling due within oDe year Other CreditOTS Other Payables S K cOMI￿u￿41Ty NOTES TO THE FINAf4CIAL STATEMENTS FOR THE YEAR ETr4DED 31ST MARCH 2025 io Movement of Funds Net Movement in Funds Transfer Between As At Funds 31 Mar25 Ason 01 Apr24 Unrestricted Funds- General 1.544 1,966 3.510 Restrieted Funds- Charity Unrestricted Funds- Designated Total Funds 1,544 1,966 3,510 li Aid Appeal Funds 2025 2024 Fund l Aid Appeal Fund 2 Aid Appea] Fund 3 Aid Appeal 450 450 12 Aid Appeil Contrlbutlolls Fund l - Aid Appeal Fund 2 - Aid Appeal Fund 3 - Aid Appeal 450 450 444