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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1193110

Report of the Trustees and Financial Statements for the Year Ended 31 March 2025

for

Jalaram Sadavrat Trust Leicester UK

Jalaram Sadavrat Trust Leicester UK Contents

Page
Report of the Trustees 1 to 3
Independent examiner's report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11

Jalaram Sadavrat Trust Leicester UK

Trustees' Annual Report For the year ended 31 March 2025

The trustees present their annual report and the financial statements for the year ended 31 March 2025. The financial statements have been presented in accordance with the accounting policies set out in page 7 and comply with the charity's trust deed, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities 2019.

Trustees of the charity

The trustees of the charitable company for the reporting year were: Mr Praful Bhatt (Founder & Chair) Mrs Vaibhavi Adhvaryu Mrs Ranjan Kanabar

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are:

Significant activities

The activities carried out by the charity include:

ACHIEVEMENT AND PERFORMANCE

Charitable Donations

During this financial year, the management committee made charitable donations of £10,301 to UK Charities and £25,924 to Santosh Seva Trust in India.

Page 1

FINANCIAL REVIEW

Principal funding sources

The charity's sources of income arose from the following:

Investment policy

The Trust operates two bank accounts: a current account and a dedicated charity account. Any surplus funds are placed in three-month or six-month fixed-term interest accounts with HSBC to ensure responsible stewardship of charitable funds.

Funding policy

The charity, apart from running their principal activities as mentioned above, regular fund raising activities and functions are organised to increase the revenue stream.

Financial Review

The charity income continues to remain strong. The Charity has started to create cash reserves to meet the future needs of the charity and accommodate any future downturns in income whilst it facilities for the elderly, luncheon club, etc. continues without disruptions. We now have a dedicated trustee Mrs Vaibhavi Adhvaryu who manages the finances and produces monthly reports for detailed analysis and reviews on expenditure.

FUTURE PLANS

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is an incorporated charity constituted under a trustee deed dated 4th February 2020 and the registered charity number is 1193110.

Recruitment and appointment of new trustees

The charity is actively looking to appoint new vibrant and active trustees. We have found searching for trustees to be challenging due to the commitment the role requires. However, we are pleased to report the charity has in total, three trustees, implementing key ideas and decisions to maintain and improve the charity's cause everyday.

Page 2

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name Jalaram Sadavrat Trust Charity Number 1193110 Company number 12442534 Principle Office Glen Street Rooms, Glen Street, Leicester, LE4 6NN Accountants Burleys Leicester Limited, 9 Gower Street, Leicester. LE1 3LJ Bankers HSBC Bank

Trustees

Mr Praful Bhatt - Chairman of trustees Mrs Vaibhavi Adhvaryu Mrs Ranjan Kanabar

Independent examiner

Mr A D Kanani, FCCA Burleys Leicester Limited Chartered Certified Accountants 9 Gower Street Leicester LE1 3LJ

Approved by order of the board of trustees on 18 th December 2025 and signed on its behalf by:

Mr Praful Bhatt - Trustee

Page 3

Jalaram Sadavrat Trust Leicester UK

Independent examiner's report to the Trustees on the accounts of Jalaram Sadavrat Trust Leicester UK for the year ended 31 March 2025

I report to the charity trustees on my examination of the accounts of the Jalaram Sadavrat Trust Leicester UK for the year ended 31 March 2025 which are set out on pages 5 to 11.

Responsibilities and basis of report

As the charity trustees of the company and also its directors for the purposes of company law you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement, report and opinion

Since your company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a registered member of which is one of the listed bodies I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr A D Kanani FCCA Burleys Leicester Limited Chartered Certified Accountants 9 Gower Street Leicester LE1 3LJ

19 December 2025

Page 4

Jalaram Sadavrat Trust Leicester UK Statement of Financial Activities for the year ended 31 March 2025

Unrestricted
funds
Notes
2025
£
Income & Endowments From
Incoming resources from generated funds:
Donations & Legacies
2
381,529
Investment Income
3
828
Income From Charitable Activities
4
141,414
Other trading activities
5
-
Gauchara Fund
-
Total incoming resources
523,771
Expenditure
Resources expended from direct charitable expenditure :
Raising donations and legacies
6
386,477
Other trading activities
7
1,200
Charitable Activities
8
36,225
Finance & Governance costs
9
6,839
Total resources expended
430,741
Net incoming resources
93,030
Total funds brought forward
181,157
Total funds carried forward
274,187
Restricted
funds
2025
£
-
-
-
-
-
-
-
-
-
-
-
220
220
Total
funds
2025
£
381,529
828
141,414
-
-
523,771
386,477
1,200
36,225
6,839
430,741
93,030
181,377
274,407
Total
funds
2024
£
339,260
1,850
62,855
-
-
403,965
353,220
1,755
24,953
4,082
384,010
19,955
161,422
181,377

Continuing operations

All income and expenditure has arisen from continuing activities

Page 5

Jalaram Sadavrat Trust Leicester UK Statement of Financial Position as at 31 March 2025

Notes
Fixed assets
Tangible assets
11
Current assets
Amounts falling due within one year
12
Cash at bank and in hand
Current liabilities
Amounts falling due within one year
13
Net current assets
Total assets less current liabilities
Net assets
Funds
14
Unrestricted funds
Restricted funds
Total funds
Unrestricted
funds
2025
£
64,426
64,426
6,715
210,370
217,085
(7,324)
(7,324)
209,761
274,187
274,187
Restricted
funds
2025
£
-
-
220
220
-
220
220
220
Total
funds
2025
£
64,426
64,426
6,715
210,590
217,305
(7,324)
(7,324)
209,981
274,407
274,407
274,187
220
274,407
Total
funds
2024
£
47,967
47,967
6,715
131,898
138,613
(5,203)
(5,203)
133,410
181,377
181,377
181,157
220
181,377

For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts.

The accounts have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the trustees on 19th December 2025 and signed on their behalf by

Mr Praful Bhatt - Chair of Trustees

Page 6

Jalaram Sadavrat Trust Leicester UK Notes to the Accounts for the year ended 31 March 2025

1 Summary of significant accounting policies

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011 and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, fittings and equipment 20% Net book value Leasehold property 20% Net book value Motor Vehicles 25% Net book value

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 7

Jalaram Sadavrat Trust Leicester UK Notes to the Accounts for the year ended 31 March 2025

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Analysis of Charitable Income and expenditure

2
Donations & Legacies
Tiffin Sales
Donations
Gift Aid
Lunch Club
Santosh Lunch
3
Investment Income
Bank deposit interest
4
Income From Charitable Activities
Income from events
Hall hire & catering
5
Other trading activities
HMRC JRS Grants
6
Raising donations and legacies
Depreciation
Wages and salaries
Staff training costs
Insurance
Light & Heat
Rates and water
Cleaning
Printing, postage & stationery
Telephone
Pensions
Software
Repairs & Renewals
Packaging
Motor Expenses
Purchases and materials
Rent
Bad debts
Subscriptions
Sundry expenses
2025
£
200,023
166,859
-
14,647
-
381,529
828
-
828
3,450
137,964
141,414
-
-
17,882
195,185
1,835
7,651
15,115
476
1,084
1,853
1,785
1,651
500
4,010
20,446
9,323
101,168
6,000
-
392
121
386,477
2024
£
169,122
153,012
-
7,239
9,887
339,260
1,850
1,850
8,391
54,464
62,855
-
-
12,314
177,989
1,806
8,954
7,851
-
1,714
1,662
1,939
2,487
8,070
5,234
16,836
12,540
81,634
6,000
5,210
-
980
353,220

Page 8

Jalaram Sadavrat Trust Leicester UK Notes to the Accounts for the year ended 31 March 2025

7
Other trading activities
Publication expenses
1,200
-
1,200
8
Charitable Activities
Charitable donations - India
25,924
Donations
10,301
36,225
9
Finance & Governance costs
Bank charges
2,339
Accountancy and legal fees
4,500
6,839
10 Average Number of Employees
The average monthly number of employees during the year was as follows:
2025
Employees
16
16
11 Tangible Fixed Assets
Motor
Leasehold
Fixtures, fittings
Vehicles
property
and equipment
£
£
£
Cost
At 1 April 2024
5,151
38,043
54,275
Additions
24,525
-
9,818
Disposals
-
-
-
At 31 March 2025
29,676
38,043
64,093
Depreciation
At 1 April 2024
1,288
21,749
26,465
Charge for the year
7,098
3,260
7,526
On disposals
-
-
-
At 31 March 2025
8,386
25,009
33,991
Net book value
At 31 March 2025
21,290
13,034
30,102
At 31 March 2024
3,863
16,294
27,810
1,755
-
1,755
23,351
1,602
24,953
2,602
1,480
4,082
2024
12
12
Total
£
97,469
34,343
-
131,812
49,502
17,884
-
67,386
64,426
47,967
12
Debtors: Amounts Falling Due Within One Year
Trade Debtors
Other Debtors
2025
2024
£
£
-
-
6,715
6,715
6,715
6,715

Page 9

Jalaram Sadavrat Trust Leicester UK Notes to the Accounts for the year ended 31 March 2025

13
Creditors: Amounts Falling Due Within One Year
Trade creditors/accruals
Taxation and social security
Other Creditors
14
Movement In Funds
At 01.04.24
Unrestricted Funds
General fund
181,157
Restricted Funds
Gauchara fund
220
Total Funds
181,377
Incoming
resources
£
Unrestricted Funds
General fund
523,771
Restricted Funds
Gauchara fund
-
Total Funds
523,771
2025
£
3,870
3,140
314
7,324
Net Incoming
Resources
93,030
-
93,030
Resources
expended
£
(430,741)
-
(430,741)
2024
£
371
4,326
506
5,203
At 31.03.25
274,187
220
274,407
Movement in
funds
£
93,030
-
93,030

15 Related Party Disclosures

During the year trustees were paid remuneration of £46,971 (2024 - £44,909).

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Page 10

Jalaram Sadavrat Trust Leicester UK Detailed Statement of Financial Activities for the year ended 31 March 2025

Income & Endowments
Donations & Legacies
Tiffin Sales
Donations
Gift Aid
Lunch Club
Santosh Lunch
Investment Income
Bank deposit interest
Income From Charitable Activities
Income from events
Hall hire & catering
Other Income
HMRC Grants
Expenditure
Raising donations and legacies
Depreciation
Wages and salaries
Staff training costs
Insurance
Light & Heat
Rates and water
Cleaning
Printing, postage & stationery
Telephone
Pensions
Subscriptions
Software
Repairs & Renewals
Packaging
Motor Expenses
Purchases and materials
Rent
Sundry expenses
Bad debts
Other trading activities
Publication expenses
Charitable Activities
Donations - India
Donations
Finance & Governance costs
Bank charges
Accountancy and legal fees
2025
£
200,023
166,859
-
14,647
-
381,529
828
3,450
137,964
141,414
-
-
17,882
195,185
1,835
7,651
15,115
476
1,084
1,853
1,785
1,651
392
500
4,010
20,446
9,323
101,168
6,000
121
-
386,477
1,200
1,200
25,924
10,301
36,225
2,339
4,500
6,839
93,030
2024
£
169,122
153,012
7,239
9,887
339,260
1,850
8,391
54,464
62,855
-
-
12,314
177,989
1,806
8,954
7,851
-
1,714
1,662
1,939
2,487
8,070
5,234
16,836
12,540
81,634
6,000
980
5,210
353,220
1,755
1,755
23,351
1,602
24,953
2,602
1,480
4,082
19,955

Page 11