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2023-05-31-accounts

COMPANY REGISTRATION NUMBER: 09612854

CHARITY REGISTRATION NUMBER: 1194211

SAURASHTRA LEUVA PATEL SAMAJ UK Company Limited by Guarantee Unaudited Financial Statements 31 May 2023

SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Financial Statements

Year ended 31 May 2023

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 6
Statement of financial activities (including income and
expenditure account) 7
Statement of financial position 8
Notes to the financial statements 9
The following pages do not form part of the financial statements
Detailed statement of financial activities 14
Notes to the detailed statement of financial activities 15

SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 May 2023

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2023.

Reference and administrative details

Registered charity name SAURASHTRA LEUVA PATEL SAMAJ UK Charity registration number 1194211 Company registration number 09612854 Principal office and registered C/O Kavyaa Accountancy Ltd office 26 Barnhurst Path Watford WD19 6TT England

The trustees

Sanjaykumar Bajariya Naresh Savalia Sachinkumar Patel Rohit Patel Accountant Jitendrakumar Timbadiya Kavyaa Accountancy Ltd 26 Barnhurst Path Watford WD19 6TT England Independent examiner Jayeshkumar Mangukiya Blackpearl Accounts Ltd 26 Barnhurst Path Watford WD19 6TT England

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2023

The Trustees are pleased to present the Annual Trustee report for the year 2023.

We express our joy in regaining our freedom after enduring pandemic-related restrictions. However, economic challenges persist as a result of this calamity.

Since the last Annual General Meeting (AGM), we have had a successful year engaging with the community through various social events. These include the seniors gathering, picnic in the midlands, Navratri celebrations in East London, Midlands, and London, along with the recently held largest Diwali function in the history of the Samaj. The success of these events is attributed to the wholehearted support of our members, the dedicated team of volunteers, and the generosity of sponsors and advertisers. The trustees extend their gratitude to all involved and hope for continued support in the coming year and beyond.

To build on these achievements, we aim to organize more inclusive events for our youth, who are the foundation of our future. Volunteers are being given increased responsibilities, and our administrative structure is expanding. Over the past 12 months, we have appointed secretarial, treasury, and membership teams. Two co-opted members have actively contributed to trustee initiatives, reflecting their keen interest and sense of responsibility. The trustees remain committed to fostering strong team building for the enduring strength of our Samaj.

The Board of Trustees is pleased to report that Samaj finances remain robust. A £325 donation has been pledged for the upcoming year, and we aspire to support additional charitable organizations for noble causes in the future.

In conclusion, the trustees express their gratitude to the membership for entrusting them with confidence and support.

The Trustees (who are also directors of the charity for the purposes of the Companies Act) pleasure in presenting their annual report together with the unaudited financial statements of the charity for the year ended 31st May 2023. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2023

Structure, governance and management

Constitution

The charity is registered as a members' limited liability company and was incorporated on 28th May 2015. The charity is constituted under its Memorandum and Articles of Association and is a registered charity number 1194211.

In the event of the charity being wound up, any surplus assets remaining after the satisfaction of all debts and liabilities may not be paid to or distributed among the members, but must be transferred to such other charitable institution or institutions having objects similar to the objects of the charity.

Objectives and activities

The advancement of Hindu religion, tradition and culture in particular among the Hindu community in the United Kingdom usually referred to as the Saurashtra Leuva Patel Samaj, which originates from Saurashtra, Gujarat State in India;

The aims of the Charity are "To enhance the quality of life through education,cultural, social and sports events and instil values that will benefit society".

Use of volunteers

Volunteers are an important resource in our community work. Volunteers are involved in most of the activities of the Charity who regularly give up their time and are available whenever the Charity needs their services.

All of the trustees and Executive Committee and volunteer members give their time freely. We encourage all members of the community to be involved in voluntary activities and to share their skills with others.

Public Benefit

In setting out the objectives and planning the activities, the Trustees' have given careful consideration to complying with the duty in section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission.

With public benefit in mind the Charity provides appropriate communal facilities for recreational, social, sports, cultural activities.

Achievements and performance

Due to the ongoing global health concerns due to COVID-19 and subsequent regulations and guidelines around gatheringsand social distancing measures, the Charity's ongoing events were severely impacted during the course of the previous year.

During the current year the charity had a successful year engaging with the community through various social events. These include the seniors gathering, picnic in the midlands, Navratri celebrations in East London, Midlands, and London, along with the recently held largest Diwali function in the history of the Samaj.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2023

Financial review

The net surplus/(deficit) for the charity for the period was £8,734: (2022: £4,757)

Risk Management and Investment Policy

The trustees have assessed the major risks to which the charity is exposed, in particular those related to generating income.

The trustees have made no risk related investments. A formal review is undertaken regularly to ensure that all surplus funds are invested in bank and building society accounts at best rates of interest.

Plans for future periods

The charity plans to continue events and activities to achieve its aims.

Trustees' Responsibilites Statement

The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent examiner

Jayeshkumar Mangukiya has been appointed as independent examiner.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 May 2023

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

07/02/2024 The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by:

Sanjay Bajariya (Feb 7, 2024 10:30 GMT)Sanjay Bajariya Sanjaykumar Bajariya Trustee

Naresh Savalia (Feb 7, 2024 16:25 GMT+5.5)

Naresh Savalia Trustee

Sachin Patel (Feb 7, 2024 21:30 GMT) Sachinkumar Patel Trustee

Rohit Patel Trustee

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of SAURASHTRA LEUVA PATEL SAMAJ UK

Year ended 31 May 2023

I report to the trustees on my examination of the financial statements of SAURASHTRA LEUVA PATEL SAMAJ UK ('the charity') for the year ended 31 May 2023.

Responsibilities and basis of report

The trustees are also the directors of the company for the purposes of company law are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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

  2. the financial statements do not accord with those records; or

  3. the financial statements 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

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Jayeshkumar Mangukiya (Feb 7, 2024 23:03 GMT)

Jayeshkumar Mangukiya Blackpearl accounts Ltd 62 Harrow Way Watford WD19 5ET Independent Examiner

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 May 2023

2023 2023 2022
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 5 37,021 37,021 23,729
Other income 6 68 68
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 37,089 37,089 23,729
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies 7 400
Expenditure on charitable activities 8 28,355 28,355 18,573
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 28,355 28,355 18,973
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net income and net movement in funds 8,734 8,734 4,756
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Reconciliation of funds
Total funds brought forward 11,407 11,407 6,651
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total funds carried forward 20,141
৶৶৶৶৶৶৶৶
20,141
৶৶৶৶৶৶৶৶
11,407
৶৶৶৶৶৶৶৶

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 9 to 12 form part of these financial statements.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Statement of Financial Position

31 May 2023

2023 2022
Note £ £ £
Current assets
Debtors 11 4,681
Cash at bank and in hand 22,889 16,159
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
27,570 16,159
Creditors: amounts falling due within one year 12 7,429 4,752
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net current assets 20,141 11,407
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total assets less current liabilities 20,141 11,407
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net assets 20,141 11,407
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Funds of the charity
Unrestricted funds 20,141 11,407
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total charity funds 13 20,141 11,407
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

For the year ending 31 May 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by: 07/02/2024

Sanjay Bajariya (Feb 7, 2024 10:30 GMT)Sanjay Bajariya Sanjaykumar Bajariya Trustee

Sachin Patel (Feb 7, 2024 21:30 GMT) Sachinkumar Patel Trustee

Naresh Savalia (Feb 7, 2024 16:25 GMT+5.5)

Naresh Savalia Trustee

Rohit Patel Trustee

The notes on pages 9 to 12 form part of these financial statements.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 May 2023

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is C/O Kavyaa Accountancy Ltd, 26 Barnhurst Path, Watford, WD19 6TT, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 May 2023

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

4. Limited by guarantee

Private company limited by guarantee without share capital.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 May 2023

5. Donations and legacies

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Donations
Donations 2,267 2,267
Event Income 34,754 34,754 23,729 23,729
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
37,021 37,021 23,729 23,729
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

6. Other income

Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Other income 68 68
৶৶৶৶ ৶৶৶৶ ৶৶৶৶ ৶৶৶৶
7. Costs of raising donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Costs of raising donations and legacies
- Donations 400 400
৶৶৶৶ ৶৶৶৶ ৶৶৶৶ ৶৶৶৶
8. Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2023 Funds 2022
£ £ £ £
Charitable activity 28,355 28,355 18,453 18,453
Support costs 120 120
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
28,355
৶৶৶৶৶৶৶৶
28,355
৶৶৶৶৶৶৶৶
18,573
৶৶৶৶৶৶৶৶
18,573
৶৶৶৶৶৶৶৶

9. Staff costs

The average head count of employees during the year was Nil (2022: Nil).

No employee received employee benefits of more than £60,000 during the year (2022: Nil).

10. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 May 2023

11. Debtors

2023 2022
£ £
Prepayments and accrued income 4,150
Other debtors 531
ৄৄৄৄৄৄৄ ৄৄৄৄ
4,681
৶৶৶৶৶৶৶ ৶৶৶৶
12. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 6,200 4,752
Accruals and deferred income 144
Other creditors 1,085
ৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄ
7,429 4,752
৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶

13. Analysis of charitable funds Unrestricted funds

Unrestricted funds
At At
1 June 2022 Income Expenditure 31 May 2023
£ £ £ £
General funds 11,407 37,089 (28,355) 20,141
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
At At
1 June 2021 Income Expenditure 31 May 2022
£ £ £ £
General funds 6,651
৶৶৶৶৶৶৶
23,729
৶৶৶৶৶৶৶৶
(18,973)
৶৶৶৶৶৶৶৶
11,407
৶৶৶৶৶৶৶৶

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Management Information Year ended 31 May 2023

The following pages do not form part of the financial statements.

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 May 2023

Year ended 31 May 2023
2023 2022
£ £
Income and endowments
Donations and legacies
Donations 2,267
Event Income 34,754 23,729
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
37,021 23,729
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Other income
Other income 68
ৄৄৄৄ ৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total income 37,089 23,729
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
Expenditure
Costs of raising donations and legacies
Donations 400
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Expenditure on charitable activities
Event expenses 27,888 17,893
Insurance 289 195
Other establishment 178 35
Motor vehicle expenses 162
Legal and professional fees 270
Telephone 5
Sundry 13
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
28,355 18,573
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Total expenditure 28,355 18,973
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Net income 8,734 4,756
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

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SAURASHTRA LEUVA PATEL SAMAJ UK

Company Limited by Guarantee

Notes to the Detailed Statement of Financial Activities

Year ended 31 May 2023

Year ended 31 May 2023
2023 2022
£ £
Costs of raising donations and legacies
Costs of raising donations and legacies - Donations
Donations 400
ৄৄৄৄ ৄৄৄৄ
ৄৄৄৄ ৄৄৄৄ
Costs of raising donations and legacies 400
৶৶৶৶ ৶৶৶৶
Expenditure on charitable activities
Activity type 1
Activities undertaken directly
Direct charitable activity - Event expeses 27,888 17,893
Direct charitable activity - Insurance 289 195
Direct charitable activity - Subscription 178 35
Direct charitable activity - Printing, Postage and Stationery 162
Direct charitable activity - Legal and professional fees 150
Direct charitable activity - Telephone 5
Direct charitable activity - Sundry 13
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
28,355 18,453
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Governance costs
Governance costs - accountancy fees 120
ৄৄৄৄ ৄৄৄৄ
ৄৄৄৄৄৄৄৄ ৄৄৄৄৄৄৄৄ
Expenditure on charitable activities 28,355 18,573
৶৶৶৶৶৶৶৶ ৶৶৶৶৶৶৶৶

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