TRUSTEES REPORT The Indian Religious Charitable Trust deed has becn amcndcd by a deed of variation made on ihe i oth June 2022 by the TrusLees, and 1% .4upplcmenldl lo a declaration of the trust made on 29tli day of Noveinber 1968 by the Trustees of the Indian Religious and Chdritable Trust. The chaiily's object5 ds defined in the tnist deed ale to promote the spiritual teaching and n]aintenance of the doctrines and the observance that se¢ to promote and manifest the of the religious of the subcontinent, as practised by those of the Community of the Greater Manchester area subscribing to such religions. Details of the tTUStees and other charity information are to be found on page l. Gandhi Hall Brunswick Sireet, Manchester belongs to the Trust. During the last year the charity fulfilled ils objectives as outlined in the Trust Deed. It has played an integral part in providing the facilities in the hall to the local and Indian Community at large to cater for their spiritual and cultural needs. The hall is used by the Hindu Religious So¢iety for the temple. It is also used for sports by local communily. The Indian Association, Manchester us¢5 the hall for cultural, social and educational activities. The Greater Manchester Bengali Association uses the hall for religious purposes. Malayalam Association uses the hall for culture and social activities. The rnajor risks faced by the charity are the raising of the funds. The trust actively seeks further opportuniiies lo increase income and strengthen its links within the community. Income of thc charity is dcrivcd rnasnly from the hire of the hall and donations. Rcserve policy There is no reserve policy but the Trust ha5 a surplus of net assets at the balance sheet, in the surn of £191,541, which the trustees consider will be adequate for the eharity's funding requirements for the near future. Investment powers Trustees have no investment powers Dr K L Gandhi Trustee Page 2
INDIAN RELIGIOUS AND CHARITABLE TURST STATEMENT OF FINANCIAL ACTIVITIE YEAR ENDED 31 DECEMBER 2024 Unrestricted Funds 2023 INCOMING RESOURCES Note$ 2024 Donations and hall charges Salaryrefund Bank Interest TOTAL INCOMING RESOUCES 32,822 35,750 2,496 35,318 218 35,968 RESOURCES EXPENDED Dire¢t ¢haritable expenditure.. Refuse Golleclions Gross salaries PayelNI Repairs and renewals Maintènance Light heat and water Insurance undries ,Legal Cost Depreciation TOTAL RESOURCES EXPENDED 1,259 9,030 991 8,190 2,397 7,579 4,217 2,756 5,833 5,377 2.586 2,581 119 27,357 145 25,703 NET MOVEMENT IN FUNDS Fund balance brought fomard at 1 January 2024 7,961 183,580 10,266 173,314 Fund balance brought forward at 31 December 2024 191,541 183,580 Page 5
INDIAN RELIGIOUS AND CHARITABLE TURST BALANCE SHEET 31ST OECEMBER 2024 2024 FIXED ASSETS Freehold Property Fixtures and fittings 2023 Notes 74,230 542 74,772 74,230 661 74,891 CURRENT ASSETS 'Deblors ash at bank 3,698 115,157 118,855 4,252 105,162 109.414 CURRENT LIABILITIES Creditors -2,086 -725 NET CURRENT ASSETS 116,769 108.689 NET ASSETS 191.541 183,580 AtCUMULATED "UNRESTRICTED FUNDS 191,541 183,580 roved on Mr l K Gupta Trustees Dr K L Gandhi Page
TRUSTEE'S OF INDIAN RELIGIOUS AND CHARITABLE TRUST I report on the accounts of the charity or the year ended 31 December 2024 which are set out on pages 4 to 8. R¢spective responsibilities of trustees and examiner As Ihe charity's trustees, you are responsible for the preparation of the dCCOUlIts; you consider that the audit requirement of section 144(2) of the charities Aci 201 I does not apply. It is iny responsibility 10 State, on the basis of the procedures specified in the General Directions given by the Charity Con]mission¢ts under Section 145(5)(b) of the Act, wh¢ther particular rnatteT5 bave come to our attention. Basis of examiner's stalement My examination was casTied out in accordance with the Genernl Directions given by the Ch3ri1y Commissioners. An Examination includes a review of the accounting records kept by the charity and a comparison of ihe aLCOUllts presented with those records. It also includcs consideration of any unusual items or disclosures in the accounts seeking explanation from you as a trustee conceti]ing any such matters. The pn)cedures iindertaken do Thol provide all the evidence thdt would be required in an audit, and consequently I do not express an audit opini()n on the view given by the accounls. Independent examincrs Statement In connection wich my examination, no mattel has comc to my attention.. which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 130 of the 201 l Act: and to prepare accounts wliich accord with the JeLounting records and comply with the accounting requirement of th¢ Act have not been met.. or 2. to which, in my opinion, atiention should be drawn in order to enable a proper underslanding of the accounts to be reaLhed. A SaTrjani (Ashlac Consultants Ltd) Chartered Certified Aciountant 9 Shireoak Road Withington Manchcsler M20 4NY Page 3 INDIAN RELIGIOUS AND CHARITABLE TRUST