**REGISTERED COMPANY NUMBER: CE036808 (England and Wales) REGISTERED CHARITY NUMBER: 1209148** ## **Report of the Trustees and** ## **Unaudited Financial Statements** **for the Period 16 July 2024 to 31 March 2025** **for** ## **OADBY & WIGSTON HINDU COMMUNITY** K G Solanki & Co. Hamilton House 315 St Saviours Road Leicester Leicestershire LE5 4HG **OADBY & WIGSTON HINDU COMMUNITY** ## **Contents of the Financial Statements FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3 to 4| |**Statement of Financial Activities**|5| |**Balance Sheet**|6 to 7| |**Notes to the Financial Statements**|8 to 11| |**Detailed Statement of Financial Activities**|12 to 13| **OADBY & WIGSTON HINDU COMMUNITY** ## **Report of the Trustees FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 16 July 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). ## **INCORPORATION** The charitable company was incorporated on 16 July 2024 and commenced trading on the same date. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** 1. to advance the Hindu religion for public benefit, by means of, but not exclusively, provision of facilities for religious education and the public celebration of Hindu festivals in accordance with the Sanatan Dharma; 2. to provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life; 3. to relieve financial hardship among poor people, victims of natural disasters and other people in financial hardship by means of, but not exclusively, making grants or loans items, equipment, services and facilities, including the provision of food, clothing, and basic necessities for the benefit of the said persons. The incorporated Charity took over all the assets and liabilities of Oadby & Wigston Community as from 16 July 2024. The accounts include income and expenditure of Oadby & Wigston Community for year ended 31 March 2025. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** CE036808 (England and Wales) ## **Registered Charity number** 1209148 ## **Registered office** 20 Severn Road Oadby Leicestershire LE2 4FY Page 1 **OADBY & WIGSTON HINDU COMMUNITY** ## **Report of the Trustees** ## **FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ## **Trustees** P Joshi (appointed 16/7/2024) K Rughani (appointed 11/10/2024) D N Tanna (appointed 11/10/2024) Mrs B N Shah (appointed 16/7/2024) N V Joshi (appointed 16/7/2024) ## **Company Secretary** ## **Independent Examiner** K G Solanki & Co. Hamilton House 315 St Saviours Road Leicester Leicestershire LE5 4HG Approved by order of the board of trustees on 31 August 2025 and signed on its behalf by: P Joshi - Trustee Page 2 ## **Independent Examiner's Report to the Trustees of Oadby & Wigston Hindu Community** ## **Independent examiner's report to the trustees of Oadby & Wigston Hindu Community ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the period 16 July 2024 to 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Page 3 **Independent Examiner's Report to the Trustees of Oadby & Wigston Hindu Community** ## **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 Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts 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 accounts 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. Kishor Solanki A.C.A. K G Solanki & Co. Hamilton House 315 St Saviours Road Leicester Leicestershire LE5 4HG 31 August 2025 Page 4 **OADBY & WIGSTON HINDU COMMUNITY** ## **Statement of Financial Activities FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**INCOME AND ENDOWMENTS**||| |**FROM**||| |Donations and legacies||**1,447**| |Other trading activities|2|**3,854**| |Investment income|3|**1,644**| |Other income|4|**17,409**| |**Total**||**24,354**| |**EXPENDITURE ON**||| |Raising funds||**16,241**| |Other||**329**| |**Total**||**16,570**| |**NET INCOME**||**7,784**| |**RECONCILIATION OF FUNDS**||| |Total funds brought forward||**27,965**| |**TOTAL FUNDS CARRIED**||| |**FORWARD**||**35,749**| |||| The notes form part of these financial statements Page 5 **OADBY & WIGSTON HINDU COMMUNITY** ## **Balance Sheet** ## **31 MARCH 2025** |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**FIXED ASSETS**||| |Tangible assets|8|**1**| |**CURRENT ASSETS**||| |Cash at bank||**36,651**| |**CREDITORS**||| |Amounts falling due within one year|9|**(903)**| |**NET CURRENT ASSETS**||**35,748**| |**TOTAL ASSETS LESS CURRENT**||| |**LIABILITIES**||**35,749**| |**NET ASSETS**||**35,749**| |||| |**FUNDS**|10|| |Unrestricted funds||**35,749**| |**TOTAL FUNDS**||**35,749**| |||| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 6 **OADBY & WIGSTON HINDU COMMUNITY** ## **Balance Sheet - continued 31 MARCH 2025** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 31 August 2025 and were signed on its behalf by: P Joshi - Trustee B N Shah - Trustee The notes form part of these financial statements Page 7 **OADBY & WIGSTON HINDU COMMUNITY** ## **Notes to the Financial Statements FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, 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 Companies Act 2006. 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from corporation 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. continued... Page 8 **OADBY & WIGSTON HINDU COMMUNITY** ## **Notes to the Financial Statements - continued FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ## **1. ACCOUNTING POLICIES - continued** ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2. OTHER TRADING ACTIVITIES** |Yoga Classes
Badminton
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**OTHER INCOME**
Navratri
Diwali
Holi
Pickelball
Janmashtami
Mahashivratri
Gujarati School|**£**
**483**
**3,371**
**3,854**
**£**
**1,644**
**£**
**8,318**
**1,008**
**604**
**1,129**
**296**
**360**
**5,694**
**17,409**| |---|---| continued... Page 9 **OADBY & WIGSTON HINDU COMMUNITY** ## **Notes to the Financial Statements - continued FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ## **5. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**£**| |---|---| |Other operating leases|**1,200**| ## **6. 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. ## **7. FESTIVAL EXPENSES** |Navratri expenses
Diwali
Holi
Janmastmi
Mahashivratri|**2025**
**£**
**4,760**
**927**
**312**
**149**
**83**
**6,231**| |---|---| ## **8. TANGIBLE FIXED ASSETS** |**COST**|Computer
equipment
£| |---|---| |Additions|**1**| |**NET BOOK VALUE**|| |At 31 March 2025|**1**| continued... Page 10 **OADBY & WIGSTON HINDU COMMUNITY** **£** ## **Notes to the Financial Statements - continued FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** ## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** Trade creditors **903** |Trade creditors|||**£**
**903**| |---|---|---|---| ||||| |**MOVEMENT IN FUNDS**|||| |**Unrestricted funds**|At
16/7/24
£|Net
movement
in funds
£|At
31/3/25
£| |General fund|**27,965**|**7,784**|**35,749**| |**TOTAL FUNDS**|**27,965**|**7,784**|**35,749**| ||||| |Net movement in funds, included in the above are as follows:|||| |**Unrestricted funds**|Incoming
resources
£|Resources
expended
£|Movement
in funds
£| |General fund|**24,354**|**(16,570)**|**7,784**| |**TOTAL FUNDS**|**24,354**|**(16,570)**|**7,784**| ||||| ## **10. MOVEMENT IN FUNDS** ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 31 March 2025. Page 11 **OADBY & WIGSTON HINDU COMMUNITY** **Detailed Statement of Financial Activities FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** £ |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Yoga Classes
Badminton
**Investment income**
Deposit account interest
**Other income**
Navratri
Diwali
Holi
Pickelball
Janmashtami
Mahashivratri
Gujarati School
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Yoga expenses
Wages
Social security
Other operating leases
Festival expenses
Insurance
Webhosting costs
Carried forward|**1,447**
**483**
**3,371**
**3,854**
**1,644**
**8,318**
**1,008**
**604**
**1,129**
**296**
**360**
**5,694**
**17,409**
**24,354**
**920**
**1,456**
**364**
**1,200**
**6,231**
**409**
**506**
**11,086**| |---|---| This page does not form part of the statutory financial statements Page 12 ## **OADBY & WIGSTON HINDU COMMUNITY** ## **Detailed Statement of Financial Activities FOR THE PERIOD 16 JULY 2024 TO 31 MARCH 2025** |**Other trading activities**
Brought forward
Postage & stationery
Pickelball
Donation made
Badminton costs
Lunch Club expenses
**Other**
Bank charges
Accountancy
Total resources expended
**Net income**|£
**11,086**
**327**
**1,265**
**90**
**3,242**
**231**
**16,241**
**9**
**320**
**329**
**16,570**
**7,784**| |---|---| This page does not form part of the statutory financial statements Page 13