2023-12-31-accounts

Trustees’ Annual Report for the Period

From 02/09/2021 to 31/12/2022

Charity name: Sunder Library and Information Centre

Charity registration number: 1195684

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Improve the lives of the residents of Littran, Punjab and the neighbourhood through the provision of facilities in the interests of social welfare for recreation and leisure-time occupation. To establish and maintain a community centre for activities promoted by the Charity in furtherance of the above.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The day-to-day running of the library and information centre. To establish and maintain a community centre for activities promoted by the Charity in furtherance of the onjects.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Confirmed.

Achievements and Performance

SORP reference Summary of the main achievements of the charity, The library is now operational, and its identifying the difference the resources / facilities are available to the charity’s work has made to residents of Littran, Punjab. the circumstances of its Para 1.20 beneficiaries and any wider benefits to society as a whole.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The Charity made a very small ‘profit’ in the year, although overall reserves are still in deficit. No worries about the Charity continuing as agoing-concern.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Any reserves are held for use towards charity objectives, they are all unrestricted.
Amount of reserves held	Para 1.22	Nil
Reasons for holding zero reserves	Para 1.22	Deficit was incurred in first accounting period, is now being reduced.
Details of fund materially in deficit	Para 1.24	Charity owes Mr Ram Lal £5,118 although this will not cause any financial issues.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution adopted August 2021
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed following discussions and agreement with existing trustees. Trustees appointed for a term of 3 years.

Reference and Administrative details

Charity name	Sunder Library and Information Centre
Other name the charity uses
Registered charity number	1195684
Charity’s principal address (UK)	5 Adam Road Coventry CV6 5GH
Charity’s principal address (India)	Village Littran Tehsil Nakodar Dist. Jallandhar Punjab 144043

Names of the charity trustees who manage the charity

1 2 3 4 5	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Ram Lal	CharityContact
	Sham Lal Mattu
	Jeremy Thornton- Clarke
	Jagdish Rai
	Mr A K Ghaiwal

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
Mr Ram Lal

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information

Names and addresses of advisers

Names and addresses of advisers	Names and addresses of advisers	Names and addresses of advisers
Type of adviser Name Address
Accountants	Sachdev & Co. Chartered Accountants.	5 Albany Road, Earlsdon Coventry, CV5 6JQ

Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Ram Lal Position (eg Secretary, Chair, etc)[Trustee ] Date 10/10/2024

Profit and Loss

Sunder Library and Information Centre For the year ended 31 December 2023

Profit and Loss Sunder Library and Information Centre For the year ended 31 December 2023
	2023	2022
Turnover
Donations for Gift Aid	1,961	4,143
Non-Gift Aid Donations Received	-	802
Total Turnover	1,961	4,945
Cost of Sales
Direct Expenses - Event Costs	-	798
Total Cost of Sales	-	798
Gross Profit	1,961	4,147
Administrative Costs
Advertising & Marketing	-	41
Equipment Expensed	627	5,940
General Expenses	82	110
Motor Vehicle Expenses	24	-
Printing & Stationery	-	46
Salaries	449	-
Total Administrative Costs	1,183	6,137
Operating Profit	778	(1,991)
Surplus / (Deficit) for the Period	778	(1,991)

2023 I&E Account Sunder Library and Information Centre

10 Oct 2024 Page 1 of 1

Balance Sheet

Sunder Library and Information Centre As at 31 December 2023

Balance Sheet Sunder Library and Information Centre As at 31 December 2023	Balance Sheet Sunder Library and Information Centre As at 31 December 2023
31 DEC 2023 31 DEC 2022
Current Assets
	Cash at bank and in hand
	Treasurers Account 2762 3,981 5,020
	Total Cash at bank and in hand 3,981 5,020
	Total Current Assets 3,981 5,020
Net Current Assets (Liabilities) 3,981 5,020
Total Assets less Current Liabilities 3,981 5,020 Creditors: amounts falling due after more than one year
Ram Lal Borrowings 5,118 6,936
Total Creditors: amounts falling due after more than one year 5,118 6,936
Net Assets (1,137) (1,916) Capital and Reserves
Current Year Earnings 778 (1,991)
Retained Earnings (1,916) 75
Total Capital and Reserves (1,137) (1,916)

2023 Balance Sheet Sunder Library and Information Centre

10 Oct 2024 Page 1 of 1