## **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