**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
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- 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).
- In our opinion the financial statements:
- 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;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- 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:
- the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
- sufficient accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- 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
Page 20