**REGISTERED CHARITY NUMBER: 1205181** 

Report of the Trustees and 

Unaudited Financial Statements for the Period 4 May 2023 to 31 October 2024 

for Sai Seva Trust 

Sterling 67 Uppingham Road Leicester Leicestershire LE5 3TB 



Sai Seva Trust 

## Report of the Trustees for the Period 4 May 2023 to 31 October 2024 

The trustees present their report with the financial statements of the charity for the period 4 May 2023 to 31 October 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019). 

## Introduction and Background 

Sai Seva Trust was registered on 12th October 2023, and was founded with the purpose of relieving poverty, providing humanitarian aid, supporting health and social care initiatives, and fostering spiritual development, inspired by the teachings of Sadguru Shirdi Sai Baba. The trust seeks to combine practical service with values-based community development both locally in the UK and internationally. 

## Objectives and Activities 

The trust’s objectives, as set out in its governing document, are: 

- The relief of poverty and provision of humanitarian aid. 

- The advancement of health and social care. 

• The advancement of spiritual development in accordance with the teachings of Shirdi Sai Baba. 

During its first year, the trustees focused on establishing a strong foundation while beginning meaningful charitable activities aligned to these objectives. 

## Achievements and Performance 

In its first year of operation, Sai Seva Trust has: 

• Delivered humanitarian support locally by donating 1.5 tonnes of provisions to food banks in Leicestershire. 

• Formed an international partnership with Sai Seva School for Children with Special Needs in Shirdi, India, donating  80 chairs, 75 stainless steel dinner plates, classroom furniture for five classrooms, and funding meals for 80 children and  15 staff for 15 days. 

• Launched the Sai Seva Kids Club in March 2024, a recreational and educational programme held fortnightly during school terms, offering children opportunities to learn about values and festivals in a fun and engaging environment. 

• Held a community spiritual gathering in June 2024 to celebrate the teachings of Shirdi Sai Baba. The event included the singing of bhajans (religious hymns) and concluded with a shared meal for members of the local community. 

These achievements demonstrate the trust’s commitment to both immediate charitable relief and longer-term community and spiritual development. 

## Financial Review 

For the reporting period, Sai Seva Trust received a total income of £9,755. Expenditure amounted to £5,545,  reflecting the costs of charitable activities and initial organisational development. The trust closes the year with reserves of  £3,078, which will provide a foundation for future planned activities. 

The trustees are satisfied that the trust has managed its resources prudently while ensuring that donations were applied directly to its charitable purposes. 

## Governance and Management 

Sai Seva Trust is overseen by its trustees, who meet regularly to monitor activities, approve financial decisions, and ensure compliance with its governing document and relevant regulatory requirements. The trustees are committed to good governance and are developing policies to support safeguarding, risk management, and financial accountability. 

## Future Plans 

Building on its strong first year, Sai Seva Trust intends to: 

• Expand the Sai Seva Kids Club by welcoming more children, enhancing the curriculum with creative, cultural, and values-based activities, and encouraging active parental involvement 

. • Increase humanitarian aid in the UK by extending food support to a wider network of organisations across Leicestershire and the East Midlands, aiming to relieve poverty and hardship in local communities 

. 

• Strengthen and expand international partnerships, continuing support for the Sai Seva School for Children with  Special Needs in Shirdi, India, while exploring opportunities to extend assistance to other schools, and social welfare projects in India. 

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Sai Seva Trust 

## Report of the Trustees for the Period 4 May 2023 to 31 October 2024 

• Hold more community spiritual gatherings, offering opportunities for collective prayer, bhajans, satsangs, and communal meals, thereby fostering unity, service, and spiritual development in line with the teachings of Shirdi Sai Baba. 

• Build organisational capacity, including strengthening governance, increasing fundraising efforts, and establishing volunteer networks to ensure the long-term sustainability of the trust’s activities. 

## Acknowledgements 

The trustees wish to express their gratitude to all donors, volunteers, and supporters who have contributed to the trust’s work during its inaugural year. Their generosity and commitment have enabled Sai Seva Trust to begin fulfilling its mission of service to humanity through compassion, care, and community spirit. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, a CIO - Foundation. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

**Registered Charity number** 1205181 

## **Principal address** 

3 THE FIRS Syston Leicestershire LE7 2FT 

## **Trustees** 

R Vaitha (appointed 12.10.23) J D Jethwa (appointed 12.10.23) D M Pala (appointed 12.10.23) M C Thanki (appointed 12.10.23) (resigned 30.8.24) R C Thanki (appointed 12.10.23) (resigned 2.4.24) M C Thanki (appointed 7.8.25) 

Approved by order of the board of trustees on 14 August 2025 and signed on its behalf by: 

J D Jethwa - Trustee 

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Sai Seva Trust 

## Statement of Financial Activities for the Period 4 May 2023 to 31 October 2024 

|||Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|---|
|||fund|funds||funds|
||Notes|£|£||£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies||9,755||-|9,755|
|**EXPENDITURE ON**||||||
|**Charitable activities**||||||
|Charitable Activities||5,545||-|5,545|
|Other||1,132||-|1,132|
|**Total**||6,677||-|6,677|
|**NET INCOME**||3,078||-|3,078|
|**TOTAL FUNDS CARRIED FORWARD**||3,078||-|3,078|
|||||||



The notes form part of these financial statements 

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Sai Seva Trust 

## Balance Sheet 31 October 2024 

|||Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|---|
|||fund|funds||funds|
||Notes|£|£||£|
|**CURRENT ASSETS**||||||
|Cash at bank||3,378||-|3,378|
|**CREDITORS**||||||
|Amounts falling due within one year|3|(300)||-|(300)|
|**NET CURRENT ASSETS**||3,078||-|3,078|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||3,078||-|3,078|
|**NET ASSETS**||3,078||-|3,078|
|**FUNDS**|4|||||
|Unrestricted funds|||||3,078|
|**TOTAL FUNDS**|||||3,078|



The financial statements were approved by the Board of Trustees and authorised for issue on 14 August 2025 and  were signed on its behalf by: 

J D Jethwa - Trustee 

R Vaitha - Trustee 

The notes form part of these financial statements 

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Sai Seva Trust 

Notes to the Financial Statements for the Period 4 May 2023 to 31 October 2024 

## **1. 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared 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. 

## **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. 

## **2. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the period ended 31 October 2024. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the period ended 31 October 2024. 

continued... 

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Sai Seva Trust 

## Notes to the Financial Statements - continued for the Period 4 May 2023 to 31 October 2024 

## **3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|||||£|
|---|---|---|---|---|
|Other creditors||||300|
|**MOVEMENT IN FUNDS**|||||
|**Unrestricted funds**||Net<br>movement<br>in funds<br>£|At<br>31.10.24<br>£||
|General fund||3,078||3,078|
|**TOTAL FUNDS**||3,078||3,078|
|Net movement in funds, included in the above are as follows:|||||
|**Unrestricted funds**|Incoming<br>resources<br>£|Resources<br>expended<br>£|Movement<br>in funds<br>£||
|General fund|9,755|(6,677)||3,078|
|**TOTAL FUNDS**|9,755|(6,677)||3,078|
||||||



## **4. MOVEMENT IN FUNDS** 

## **5. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the period ended 31 October 2024. 

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Sai Seva Trust 

Detailed Statement of Financial Activities for the Period 4 May 2023 to 31 October 2024 

£ 

## **INCOME AND ENDOWMENTS** 

|**Donations and legacies**<br>Donations<br>**Total incoming resources**<br>**EXPENDITURE**<br>**Charitable activities**<br>Food Bank<br>Bhajan Events<br>Sai Seva Shirdi<br>**Support costs**<br>**Management**<br>Insurance<br>Telephone<br>Sundries<br>Website & IT Costs<br>**Finance**<br>Bank charges<br>**Governance costs**<br>Accountancy and legal fees<br>Total resources expended<br>**Net income**|9,755<br>9,755<br>1,506<br>2,533<br>1,193<br>5,232<br>171<br>16<br>227<br>313<br>727<br>39<br>679<br>6,677<br>3,078|
|---|---|



This page does not form part of the statutory financial statements 

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Sai Seva Trust 

Contents of the Financial Statements for the Period 4 May 2023 to 31 October 2024 

|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|2|
|Statement of Financial Activities||3||
|Balance Sheet||4||
|Notes to the Financial Statements|5|to|6|
|Detailed Statement of Financial Activities||7||