REGISTERED CHARITY NUMBER: 258195
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2025
for
SHREE GEETA BHAWAN
Brindleys Limited Statutory Auditors 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
SHREE GEETA BHAWAN
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Report of the Independent Auditors | 4 | to | 7 |
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Cash Flow Statement | 10 | ||
| Notes to the Cash Flow Statement | 11 | ||
| Notes to the Financial Statements | 12 | to | 18 |
| Detailed Statement of Financial Activities | 19 | to | 20 |
SHREE GEETA BHAWAN
Report of the Trustees for the Year Ended 31 March 2025
The Trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the statement of Recommended Practice (SORP) 'FRS102 as introduced on the 01/01/2016. This was first adopted by the charity on 01/04/2016.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal activity of the Bhawan during the year, which has remained unchanged from previous years, was that of the advancement of Hinduism in accordance with its Constitution.
Significant activities
During the year all the major functions & Religious festivals were celebrated and some other works in pipe line.
We sincerely thank the Managing Committee and Devotees for their co-operation and support, on which the achievement of aims and objectives of the Bhawan depends.
ACHIEVEMENT AND PERFORMANCE
Following registration for gift aid in 2015 SGB charity has claimed £326,103 from Gift Aid. (£69,300 in 2025, £31,203 in 2024, £32,832 in 2023, £11,028 in 2022, £4,056 in 2021, £48,905 in 2020, £21,181 in 2019, £32,509 in 2018, £42,357 in 2017 and £29,732 in 2016) and will continue to benefit in the future. The temple has continued to invest in the freehold property improvements during 2025 with £60,238 (freehold property additions) being spent this year on the extension and renovation of the dining hall and kitchen and the construction of a new car park. This work is being carried out by Parkdale Projects , Big Boss Building work,BCM Builders & Other work..
FINANCIAL REVIEW
Review and progress
The incoming resources during the year amounted to £593,487 and expenditure including depreciation amounted to £341,376 leaving the surplus/(loss) for the year of £252,111, during the year gold owned by SGB was revalued creating a profit/(loss) of £104,486 in the reserves and in such increasing/(reducing) the surplus within the accounts to £356,597 which was transferred to general reserve fund. The statement of financial activities are shown on page 5
Reserves policy
The Trustees review the reserves policy which include a consideration of the nature of the income and expenditure stream, the requirement to match variable income with fixed commitments and a consideration of the nature of the reserves. As a result of this review it will be noted that at the end of the financial year on 31 March 2025, the Bhawan's unrestricted funds amounted to £3,634,697 of which £3,129,056 relates to tangible assets . The current debtors = £3,515 and cash in hand and bank balances = £511,396 less current liabilities due within one year of £9,270, this leaves net current assets of £505,641 .This was concluded to be an adequate figure to allow the charity to be managed efficiently and to ensure that sufficient resources were available to provide uninterrupted services.
'The perpetual nature of the charity's existence means that it will never cease to exist and therefore reserves are carried forward at the end of each financial year. The Trustees aim to maintain unrestricted reserves at a level which equate to approximately three months of its unrestricted charitable expenditure. It is the Trustees' view that this level is sufficient to respond to any unexpected level of expenditure as well as finance other recurring expenditure and governance costs. The Trustees and Executive Committee, as well as members of subcommittees, are not remunerated or paid any salaries or expenses. The restricted funds all relate to items where the donors have specified its intended use or recipient. Where deficits occur these are carried forward to the following year.'
FUTURE PLANS
Plans for the Future Projects after March 2025 accounting period :
Reguler Activities Religious Festivals & Functions, also some other works in pipe line.
Page 1
SHREE GEETA BHAWAN
Report of the Trustees for the 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 an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
258195
Principal address
107-117 Heathfield Road Handsworth Birmingham West Midlands B19 1HL
Trustees
Mr Harshad Trivedi Vice President Dr A N Verma - Patron (appointed 1.4.24) Ms Kusum Lata Bhanot Membership Secretary Mr Raj Kumar Dutta Trustee Mr Naresh Kumar Sabharwal Treasurer - Trustee Dr Arun Sinha Vice President Mr R K Sethi Patron Mr Mukesh Murria President - Trustee Mrs Kamlesh Prem Lata Duggal Trustee Mrs Sharon Kalia - Trustee Mr Sanju Sharma Trustee Mr Rohit Gautam Trustee Mr Vijay Kumar Sudera General Secretary Mr Vikram Kapoor Trustee Mr Jagdish Chander Sharma Trustee Mr Jyoti Basandrai Trustee Mr Mohinder Paul Jagota Asst. Treasurer
Executive Committee Members and Trustees are elected in accordance with the rules as laid down in the constitution. Their role is honorary and the committee members do not receive any remuneration whatsoever.
Auditors
Brindleys Limited Statutory Auditors 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 2
SHREE GEETA BHAWAN
Report of the Trustees for the Year Ended 31 March 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 10 October 2025 and signed on its behalf by:
Mr Naresh Kumar Sabharwal - Trustee
Page 3
Report of the Independent Auditors to the Trustees of Shree Geeta Bhawan
Opinion
We have audited the financial statements of Shree Geeta Bhawan (the 'charity') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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In our opinion the financial statements:
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give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Page 4
Report of the Independent Auditors to the Trustees of Shree Geeta Bhawan
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
Page 5
Report of the Independent Auditors to the Trustees of Shree Geeta Bhawan
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design and perform audit procedures to detect material misstatements in the financial statements, whether due to fraud or error, in accordance with our responsibilities described above.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:
We considered the nature of the charity, its sector, the control environment, and the governance structure. We reviewed the charity’s documentation of its policies and procedures relating to fraud and compliance with laws and regulations, and we made inquiries of management and trustees regarding their assessment of the risk of irregularities and any actual or suspected instances identified.
We obtained an understanding of the legal and regulatory framework applicable to the charity. Based on this understanding, we identified the following laws and regulations as having a direct impact on the preparation of the financial statements:
Charities Act 2011
The Charities SORP (FRS 102)
Relevant UK accounting standards
In addition, we considered laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the charity’s ability to operate or avoid material penalties. These included regulations relating to funding arrangements, data protection, employment law, and safeguarding obligations, among others.
As part of our audit planning, we held discussions among the audit engagement team to consider where and how fraud might occur in the financial statements, including potential pressures and incentives for management or staff to commit fraud.
In common with all audits conducted in accordance with ISAs (UK), we are required to perform specific procedures to address the risk of management override of controls. These procedures included:
Testing the appropriateness of journal entries and other adjustments;
Evaluating whether judgements made in making accounting estimates could indicate bias;
Assessing the business rationale for any significant, unusual transactions.
In response to the risks identified, our audit procedures included:
Reviewing the financial statement disclosures and testing them against supporting documentation to assess compliance with laws and regulations with a direct impact on the financial statements;
Page 6
Report of the Independent Auditors to the Trustees of Shree Geeta Bhawan
Performing analytical procedures to identify unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;
Making inquiries of management and legal counsel regarding any actual or potential litigation, claims, or non-compliance with relevant laws and regulations;
Reading the minutes of meetings of the trustees and other governance committees.
While our procedures are designed to identify material misstatements in the financial statements arising from irregularities, including fraud, they cannot be relied upon to identify all such matters. The primary responsibility for the prevention and detection of irregularities, including fraud, rests with the trustees.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Brindleys Limited Statutory Auditors 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
10 October 2025
Kulwinder Singh Chawla FCCA The Institute of Chartered Accountants in England and Wales
Page 7
SHREE GEETA BHAWAN
Statement of Financial Activities for the Year Ended 31 March 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Charitable activities 4 Religious festivals Donations and dakshinas Wages and national insurance Insurance Light & Heat Repairs renewals & maintenance Cleaning refuse & hygiene Security expenses Car Park rental Telephone Postage & Stationery Depreciation Accountancy Total NET INCOME Other recognised gains/(losses) Gains on revaluation of fixed assets Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2025 Unrestricted fund £ 572,124 21,363 593,487 57,826 20,949 117,339 7,271 21,790 9,648 2,219 10,793 1,835 904 7,133 81,869 3,800 343,376 250,111 104,486 354,597 3,278,100 3,632,697 |
2024 Total funds £ 307,959 17,650 |
|---|---|---|
| 325,609 | ||
| 44,281 - 102,287 7,178 37,668 6,583 1,143 3,319 - 871 970 79,375 1,800 |
||
| 285,475 | ||
| 40,134 27,906 |
||
| 68,040 3,210,060 |
||
| 3,278,100 |
The notes form part of these financial statements
Page 8
SHREE GEETA BHAWAN
Balance Sheet 31 March 2025
| Notes FIXED ASSETS Tangible assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand 10 CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 12 Unrestricted funds: General fund TOTAL FUNDS |
2025 Unrestricted fund £ 3,129,056 3,515 511,396 514,911 (11,270) 503,641 3,632,697 3,632,697 3,632,697 3,632,697 |
2024 Total funds £ 3,027,970 3,906 259,106 263,012 (12,882) 250,130 3,278,100 3,278,100 3,278,100 3,278,100 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 October 2025 and were signed on its behalf by:
Mr Naresh Kumar Sabharwal - Trustee
The notes form part of these financial statements
Page 9
SHREE GEETA BHAWAN
Cash Flow Statement for the Year Ended 31 March 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ 330,707 330,707 (78,470) 53 (78,417) 252,290 259,106 511,396 |
2024 £ 121,359 121,359 (208,497) - (208,497) (87,138) 346,244 259,106 |
|---|---|---|
The notes form part of these financial statements
Page 10
SHREE GEETA BHAWAN
Notes to the Cash Flow Statement for the Year Ended 31 March 2025
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM | OPERATING ACTIVITIES | OPERATING ACTIVITIES |
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Net income for the reporting period (as per the Statement of Financial | |||
| Activities) | 250,111 | 40,134 | |
| Adjustments for: | |||
| Depreciation charges | 81,869 | 79,375 | |
| Interest received | (53) | - | |
| Decrease/(increase) in debtors | 391 | (634) | |
| (Decrease)/increase in creditors | (1,611) | 2,484 | |
| Net cash provided by operations | 330,707 | 121,359 | |
| 2. | ANALYSIS OF CHANGES IN NET FUNDS |
| At 1.4.24 | Cash flow | At 31.3.25 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank and in hand | 259,106 | 252,290 | 511,396 |
| 259,106 | 252,290 | 511,396 | |
| Total | 259,106 | 252,290 | 511,396 |
The notes form part of these financial statements
Page 11
SHREE GEETA BHAWAN
Notes to the Financial Statements for the Year Ended 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, as modified by the revaluation of certain assets.
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.
Allocation and apportionment of costs
Support costs consisting of office and administrative costs of the Bhawan including staff salaries have been split between charitable and governance activities on the basis of estimated time spent and its usages of each activity.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on straight line basis Fixtures and fittings - 15% on reducing balance Computer equipment - 25% on reducing balance
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.
continued...
Page 12
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
2. DONATIONS AND LEGACIES
| Donations Gift aid INVESTMENT INCOME Rents received Deposit account interest |
2025 £ 502,824 69,300 572,124 2025 £ 21,310 53 21,363 |
2024 £ 276,756 31,203 |
2024 £ 276,756 31,203 |
|---|---|---|---|
| 307,959 | |||
| 2024 £ 17,650 - |
|||
| 17,650 |
3. INVESTMENT INCOME
Rent is received from property 1 St Peters Road and 13 Brecon Road.
4. CHARITABLE ACTIVITIES COSTS
| Religious festivals Donations and dakshinas Wages and national insurance Insurance Light & Heat Repairs renewals & maintenance Cleaning refuse & hygiene Security expenses Car Park rental Telephone Postage & Stationery Depreciation Accountancy |
Direct Costs £ 57,826 20,949 117,339 7,271 21,790 9,648 2,219 10,793 1,835 904 7,133 - - 257,707 |
Support costs (see note 5) £ - - - - - - - - - - - 81,869 3,800 85,669 |
Totals £ 57,826 20,949 117,339 7,271 21,790 9,648 2,219 10,793 1,835 904 7,133 81,869 3,800 |
|---|---|---|---|
| 343,376 |
continued...
Page 13
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
5. SUPPORT COSTS
| SUPPORT COSTS | ||
|---|---|---|
| Depreciation Accountancy |
Governance Other costs £ £ 81,869 - - 3,800 81,869 3,800 |
Totals £ 81,869 3,800 |
| 85,669 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
7. STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows: Administration |
2025 £ 117,339 117,339 2025 8 |
2024 £ 102,287 |
|---|---|---|
| 102,287 | ||
| 2024 8 |
No employees received emoluments in excess of £60,000.
continued...
Page 14
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
8. TANGIBLE FIXED ASSETS
| COST OR VALUATION At 1 April 2024 Additions Revaluations At 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
Freehold property £ 3,514,264 60,238 - 3,574,502 824,104 71,491 895,595 2,678,907 2,690,160 |
Jewellery £ 289,291 - 104,486 393,777 - - - 393,777 289,291 |
Fixtures and fittings £ 247,139 17,944 - 265,083 201,986 9,465 211,451 53,632 45,153 |
Computer equipment £ 8,108 288 - 8,396 4,742 914 5,656 2,740 3,366 |
Totals £ 4,058,802 78,470 104,486 |
|---|---|---|---|---|---|
| 4,241,758 | |||||
| 1,030,832 81,870 |
|||||
| 1,112,702 | |||||
| 3,129,056 | |||||
| 3,027,970 |
Cost or valuation at 31 March 2025 is represented by:
| Fixtures | ||||||
|---|---|---|---|---|---|---|
| Freehold | and | Computer | ||||
| property | Jewellery | fittings | equipment | Totals | ||
| £ | £ | £ | £ | £ | ||
| Valuation in | 2025 | 3,574,502 | 393,777 | 265,083 | 8,396 | 4,241,758 |
No gold donated to the Bhawan during the year.
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments and other Debtors
| 2025 | 2024 |
|---|---|
| £ | £ |
| 3,515 | 3,906 |
Page 15
continued...
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
10. CASH AT BANK AND IN HAND
| Cash in hand Punjab National Bank- 10005757 Punjab National Bank-Fixed Dep Lloyds TSB Bank - 25621368 State bank of india - 96201934 PNB A/c 25032654 Bank A/c 46018454 Total 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors 12. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 3,278,100 TOTAL FUNDS 3,278,100 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 593,487 (343,376) TOTAL FUNDS 593,487 (343,376) |
2025 Total funds £ 996 3,186 350,000 155,859 236 30 1,089 511,396 2025 £ 293 10,977 11,270 Net movement in funds £ 354,597 354,597 Gains and losses £ 104,486 104,486 |
2024 Total funds £ 724 3,186 - 253,745 236 180 1,035 |
2024 Total funds £ 724 3,186 - 253,745 236 180 1,035 |
2024 Total funds £ 724 3,186 - 253,745 236 180 1,035 |
|
|---|---|---|---|---|---|
| 259,106 | |||||
| 2024 £ 2,458 10,424 12,882 At 31.3.25 £ 3,632,697 |
2024 £ 2,458 10,424 |
||||
| 12,882 | |||||
| 3,632,697 | |||||
| Movement in funds £ 354,597 354,597 |
|||||
| 354,597 |
Page 16
continued...
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.23 £ Unrestricted funds General fund 3,210,060 TOTAL FUNDS 3,210,060 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 325,609 (285,475) TOTAL FUNDS 325,609 (285,475) |
Net movement in funds £ 68,040 68,040 Gains and losses £ 27,906 27,906 |
At 31.3.24 £ 3,278,100 |
At 31.3.24 £ 3,278,100 |
|
|---|---|---|---|---|
| 3,278,100 | ||||
| Movement in funds £ 68,040 68,040 |
||||
| 68,040 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 3,210,060 3,210,060 |
Net movement in funds £ 422,637 422,637 |
At 31.3.25 £ 3,632,697 |
|---|---|---|---|
| 3,632,697 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 919,096 919,096 |
Resources expended £ (628,851) (628,851) |
Gains and Movement losses in funds £ £ 132,392 422,637 132,392 422,637 |
Gains and Movement losses in funds £ £ 132,392 422,637 132,392 422,637 |
|---|---|---|---|---|
| 422,637 |
continued...
Page 17
SHREE GEETA BHAWAN
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 18
SHREE GEETA BHAWAN
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Investment income Rents received Deposit account interest Total incoming resources EXPENDITURE Charitable activities Wages Insurance Light and heat Telephone Postage and stationery Religious festivals Donations & Dakshinas Repairs,renewals & Maintenance Cleaning refuse, Hygiene & Oth Security Expenses Car park Rental Charges Support costs Other Freehold property Fixtures and fittings Computer equipment Governance costs Auditors' remuneration Carried forward |
2025 £ 502,824 69,300 572,124 21,310 53 21,363 593,487 117,339 7,271 21,790 904 7,133 57,826 20,949 9,648 2,219 10,793 1,835 257,707 71,490 9,465 914 81,869 2,000 2,000 |
2024 £ 276,756 31,203 |
|---|---|---|
| 307,959 17,650 - |
||
| 17,650 | ||
| 325,609 102,287 7,178 37,668 871 970 23,216 611 6,583 21,597 3,319 - |
||
| 204,300 70,285 7,968 1,122 |
||
| 79,375 - - |
This page does not form part of the statutory financial statements
Page 19
SHREE GEETA BHAWAN
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 |
||
|---|---|---|
| Governance costs Brought forward Accountancy and legal fees Total resources expended Net income |
2025 £ 2,000 1,800 3,800 343,376 250,111 |
2024 £ - 1,800 |
| 1,800 | ||
| 285,475 | ||
| 40,134 |
This page does not form part of the statutory financial statements
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