REGISTERED CHARITY NUMBER: 1207995
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
FOR
GOVINDJI MULJI FOUNDATION
Macalvins Limited Chartered Accountants 7 St John's Road Harrow Middlesex HA1 2EY
GOVINDJI MULJI FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 5 |
| Detailed Statement of Financial Activities | 6 |
GOVINDJI MULJI FOUNDATION
REPORT OF THE TRUSTEES FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the period 24 April 2024 to 31 March 2025. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1207995
Principal address
7 St Johns Road Harrow Middlesex HA1 2EY
Trustees
R G Mulji Chair (appointed 25.4.2024) P O Parmar Trustee (appointed 25.4.2024)
Approved by order of the board of trustees on 30 January 2026 and signed on its behalf by:
R G Mulji - Trustee
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GOVINDJI MULJI FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 500 | |
| EXPENDITURE ON | ||
| Raising funds | 2 | 416 |
| NET INCOME | 84 | |
| TOTAL FUNDS CARRIED FORWARD | 84 |
The notes form part of these financial statements
Page 2
GOVINDJI MULJI FOUNDATION
BALANCE SHEET 31 MARCH 2025
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Cash at bank | 500 | |
| CREDITORS | ||
| Amounts falling due within one year | 4 | (416) |
| NET CURRENT ASSETS | 84 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 84 | |
| NET ASSETS | 84 | |
| FUNDS | 5 | |
| Unrestricted funds | 84 | |
| TOTAL FUNDS | 84 |
The financial statements were approved by the Board of Trustees and authorised for issue on 30 January 2026 and were signed on its behalf by:
R G Mulji - Trustee
The notes form part of these financial statements
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GOVINDJI MULJI FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
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. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| £ | ||
| Support costs | 416 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 March 2025.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 March 2025.
continued...
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GOVINDJI MULJI FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| £ | |||
|---|---|---|---|
| Other creditors | 416 | ||
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| in funds | 31.3.25 | ||
| £ | £ | ||
| Unrestricted funds | |||
| General fund | 84 | 84 | |
| TOTAL FUNDS | 84 | 84 | |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 500 | (416) | 84 |
| TOTAL FUNDS | 500 | (416) | 84 |
5. MOVEMENT IN FUNDS
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 March 2025.
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GOVINDJI MULJI FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 24 APRIL 2024 TO 31 MARCH 2025 |
|
|---|---|
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Support costs Governance costs Accountancy fees Total resources expended Net income |
£ 500 |
| 500 416 |
|
| 416 | |
| 84 |
This page does not form part of the statutory financial statements
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