## INDEPENDENT EXAMINER’S REPORTS ## **Independent examiner’s report to the trustees of The Gurkha Centre** I report to the Trustees on my examination of the accounts of “The Gurkha Centre” (the CIO) for the year ended 05/04/2024. ## **Responsibilities and basis of report** As the Charity Trustees of the CIO, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Charity’s (The Gurkha Centre) accounts carried out under s. 145 of the 2011 Act; and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under s. 145(5)(b) of the Act. ## **Independent examiner’s statement** 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 Charity as required by section 130 of the Act; or - 2) the accounts do not accord with those records; or - 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Red Parrot Accounting Ltd Chartered Certified Accountants Red Parrot Accounting, Pentax House, South Hill Avenue, South Harrow, London, Middlesex, England, HA2 0DU 03/02/2025 ## **THE GURKHA CENTRE** ## Balance Sheet as on 05/04/2024 |**THE GURKHA CENTRE**
Balance Sheet as on 05/04/2024|||| |---|---|---|---| |For the period from 06/04/2023 to 05/04/2024||**2023-24**|**2022-23**| |**Particulars**|**Notes**|**Amount (£)**|**Amount (£)**| |**Fixed Assets**|||| |Intangible assets|||| |Tangible assets|||| |Investments|||| |**Total Fixed Assets**||**-**|**-**| |**Current Assets**|||| |Debtors||-|| |Cash and Bank||6,446.65|2,704.32| |Investments||-|| |**Total Current Assets**||**6,446.65**|**2,704.32**| |**Liabilities**|||| |Creditors: Amounts falling due within one year|1|322.61|2,342.75| |Net current assets or liabilities||6,124.04|361.57| |Total assets less current liabilities||6,124.04|361.57| |Creditors: Amounts falling due after more than one year||-|-| |Provisions for liabilities||-|-| |**Total net assets or liabilities**||**6,124.04**|**361.57**| |**The funds of the charity**|||| |Endowment funds|||| |Restricted income funds|||| |Unrestricted funds||6,124.04|361.57| |Revaluation reserve|||| |Pension reserve|||| |**Total Funds**||**6,124.04**|**361.57**| |||0.00|-| Page 6 of 8 ## **THE GURKHA CENTRE** ## **Statement of Receipts and Payments Accounts For the period from 06/04/2023 to 05/04/2024** |||**Unrestricted Fund**|**Unrestricted Fund**|**Restricted Fund**|**Endowment**
**Fund**|**Total Fund**| |---|---|---|---|---|---|---| |||**General**|**Designated**|||| |**Income and Endowments from:**||||||| |Donations and legacies||||||| ||Donations|8,702.74|-|-|-|8,702.74| ||Legacies|-|-|-|-|-| |Grant||||||| ||Veterans’ Foundation|-|-|-|-|-| ||Heathrow CommunityTrust|-|-|-|-|-| |Other tradingactivities||||||| ||Fees Collection|1,353.09|-|-|-|1,353.09| |Other||55,798.32|-|-|-|55,798.32| |**Total**||**65,854.15**|**-**|**-**|**-**|**65,854.15**| |||||||| |**Expenditure on:**||||||| |Raisingfunds||||||-| ||Fundraising|52,457.90|-|-|-|52,457.90| |Charitable activities||||||| ||||-|-|-|-| ||PovertyRelief|1,135.91||||1,135.91| ||ProtectingAnd PreservingPublic Health|3,761.47||||3,761.47| ||AdvancingEducation And Training|1,050.05||||1,050.05| ||Social Welfare|1,686.35||||1,686.35| |||||||-| |||||||-| |**Other**||||||| |**Total**||**60,091.68**|**-**|**-**|**-**|**60,091.68**| ||Netgains/(losses)on investments|-|-|-|-|-| ||Net income/(expenditure)|5,762.47|-|-|-|5,762.47| |||||||| |**Transfers between funds**||**-**|**-**|**-**|**-**|**-**| |||||||| ||Other recognisedgains/(losses):|-|-|-|-|-| ||Gains/(losses)on revaluation of fixed assets|-|-|-|-|-| ||Actuarialgains/(losses)on defined benefitpension schemes|-|-|-|-|-| ||Othergains/(losses)|-|-|-|-|-| |**Net movement in funds**||**5,762.47**|**-**|**-**|**-**|**5,762.47**| |||||||-| |**Reconciliation of funds:**||||||| |Total funds brought forward||-|-|-|-|-| |**Total funds carried forward**||**5,762.47**|**-**|**-**|**-**|**5,762.47**| ## **THE GURKHA CENTRE Analysis of Support Cost For the period from 06 April 2023 to 05 April 2024** |**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**|**THE GURKHA CENTRE**
**Analysis of Support Cost**
**For the period from 06 April 2023 to 05 April 2024**| |---|---|---|---|---|---|---|---| |35
20
30
15|||||||| |||**Poverty Relief**|**Protecting And**
**Preserving**
**Public Health**|**Advancing**
**Education And**
**Training**|**Social Welfare**|**Total**|**Basis**| ||Telephone and Fax|461.08|263.48|395.21|197.61|1317.38|35:20:30:15| ||Postage|4.13|2.36|3.54|1.77|11.79|35:20:30:15| ||Stationeryand Printing|0.00|0.00|0.00|0.00|0.00|35:20:30:15| ||Subscription|351.72|200.98|301.48|150.74|1004.92|35:20:30:15| ||Employees Cost|0.00|0.00|0.00|0.00|0.00|35:20:30:15| ||Bank Charges|52.24|29.85|44.78|22.39|149.25|35:20:30:15| ||Insurance|90.65|51.80|77.70|38.85|259.00|35:20:30:15| ||Repair and Maintenance|0.00|0.00|0.00|0.00|0.00|35:20:30:15| ||AccountancyFees|175.00|100.00|150.00|75.00|500.00|35:20:30:15| ||Total|1134.819|648.468|972.702|486.351|3,242.34|| ## **THE GURKHA CENTRE** ## **ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES** |Activity or program|Activities
undertaken
directly|Grant
funding of
activities|Support
costs|Total| |---|---|---|---|---| ||£|£|£|£| |PovertyRelief|1.09|0.00|1134.82|1135.91| |ProtectingAnd PreservingPublic Health|3113.00|0.00|648.47|3761.47| |AdvancingEducation And Training|77.35|0.00|972.70|1050.05| |Social Welfare|1200.00|0.00|486.35|1686.35| |TOTAL|**4391.44**|**0.00**|**3242.34**|**7633.78**| Page 7 of 8 ## **THE GURKHA CENTRE** ## **For the period from 06/04/2023 to 05/04/2024** ## **1 Accounting Policies** The following accounting policies have been used consistently in dealing with items which are considered material in relation to the financial statements. ## **(a)Accounting Convention** The financial statements are prepared under the historical cost convention and on a going concern basis, which is dependent upon the availability of adequate continued funding. The nature of the CIO’s funding is inherently uncertain as it is only agreed by the funding bodies each year. Should funding be discontinued in future years, the CIO would have to find other sources of funding or significantly curtail its activities. The accounts have been prepared in compliance with and in accordance with the Statement of Recommendation Practice for Charity Accounts. ## **(b)Income** Income is brought into the account on the basis of amounts received in the accounting period, or receivable at the accounting date and no provision is made for any actual or contingent liability to repay surplus grants. Voluntary income and donations are accounted for as received by the CIO. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs where material. ## **(c)Fundraising costs** Fundraising expenditure comprises costs incurred in inducing people and CIOs to contribute financially to the CIO’s work. This includes the cost of advertising for donations and the staging of special fundraising events. ## **2 Taxation** The Gurkha Centre is a voluntary CIO with charitable aims and is exempt from Income Tax and Corporation Tax on its normal activities. ## **3 SHARE CAPITAL** The company is a Community Interest Company limited by guarantee and has no share capital. ## **4 Accounting Period** The accounting period covers more than 1 years as it was the first account of the charity and was registered under charity commission on 05/02/2021. Therefore, the first account was made for the period from 06/04/2023 till 05/04/2024. ## **5 Going Concern** The financial statements have been prepared on a going concern basis as support has been arranged from the Trustees to enable the Charity to pay its debts as they fall due. ## **6 Creditors: Amounts falling due after** |Creditors: Amounts falling due after within one year|Creditors: Amounts falling due after within one year|| |---|---|---| |Particular|**2024 (£)**|**2023 (£)**| |Taxes and Social Security|-0.69|-0.69| |Other Creditors|-54.46|1923.68| |Accruals|377.76|416.76| |**Total**|**322.61**|**2339.75**| Page 8 of 8 **----- Start of picture text -----**
Charity Name No (if any)
THE GURKHA CENTRE 1193430
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 06/04/2023 05/04/2024
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 8,703 - - 8,703 -
Grant from Veteran's Foundation - - - - -
Grant from Heathrow Community Trust - - - - -
Fees Collection 1,353 - - 1,353 -
Other 55,798 - - 55,798 -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
65,854 - - 65,854 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 65,854 - - 65,854 -
A3 Payments
Fundraising 52,458 - - 52,458
Charitable Activities 7,634 - - 7,634
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 60,092 ] - - 60,092 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 60,092 - - 60,092 -
Net of receipts/(payments) 5,762 - - 5,762 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 5,762 - - 5,762 -
**----- End of picture text -----**
CCXX R1 accounts (SS) 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Other Creditors
Creditors
**Details**
**Details**
Cash in bank
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**6,447**
**-**
**-**
**-**
**-**
**-**
**6,447**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
Wages Payable
**- 55**
Professional Fees
**378**
**-**
**-**
**-**
Print Name
Chandani Patel|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
03/02/2025| CCXX R2 accounts (SS) 2