REGIERED CHARITY NUMBER: 262684 RT DED31ST ARCH 21124 Fn HW HAD R Pau & Co Limiied Challtrtd Certified Accountants & SMutory Auditors 12-16 Station S¢reet Easi Coventry West Midlands CV6 5FJ
VISHWA HINDU PAIUSIIAD CONTENfs OF THE FIT4ANCIAL STATEMFNTS FOR THE YEA I. MAR H20 Pgge Report of the Trustees Report of the Independetht Audito to 10 St%t¢mtnt of Fingnti#l Aetivltles Balance Sheet 12 Notes to the FiDANeig1 Ststements 13 to 19 D*•Itd St•temeRt of FiD8neial Aetivltlcs
VISHWA HINDU PARISIIAD UK REPORT UF'I'llb TRUSTEES FOR THE YLAR F.NDED JIST MARCH 2024 The tTUStees present their rwrt with the flnancial stateTn¢nts of the ¢harity for the year ended 31st March 2024. The trustees have adopted the provisi0Th5 of Ac¢ounting and RepL)rting by Charities.. Statcm¢ni of Recomrt]end¢d Practicr appIlble to charities preparing their account5 in accordance with thc FinarkGial Rewrting Siandard applicabl¢ in the UK and RepubliG of Ireland IFRS 102) {effe£live l January 20191. OBJECTIVES AND AcfIviTIES Obj¢etiYes #nd #ims The objectives detailed in the governing do¢um¢Tht afe:_ {a) To promote the advancement of th¢ Flindu Religion. {b) To promote studies of and research in the field of Hindu Religious Philosophy and to make known the rulES of such studie5 and research. {¢) To reli¢v¢ pov¢rty sickness and distress. The activities ¢arri¢d ou¢ in this year.. Celebration of fesltvals. l.anguage classes. Classes lo explain Hindu Dharma (Religion). Youth Seminars on Hindu values and practiccs. ClOrdinatIon with other Hindu organisations and prornoting undersianding Wlth other fwths through Interfaith meeiings. Visiting Hitldu homes. on inviiation, io p¢rform religiou5 rites and worship. Teaching of jtligious education in sch(K)Is through SAC.REs. Bran¢hes conduct counselling 5e55ion8. Each year the trwstees review the activities of the Charity in order to en5ur¢ that th¢y continue to retlect the objectives set out in the governing dowm¢ni. In caryin8 Out this review the truslets have WDsidered the Chariry Commission's general guidanw on public benefit and, in parti¢ular. its supplernenw guidance on Èhe advan¢¢ment of religion for the public benefit. It is the trustee's opinion that the operdtion of the charity in its present fomi is for the public ben¢fJi un(kr the principles sei out in the Charity Commission guidan¢¢. Th¢ Cknrity is open io and free to all. W¢ provide regular pub15¢ servicc5. ble55ings and ceremoni¢s and. at many certtTes, a pla(£ of worship. We provide cul(ura] 2nd educational ¢IseS promote th¢ Hindu religion. Our WO imparts socia]. culwral, moral and iraditional values to children. tecnager5 and adults theTeby helping to provide a ]noral and ethi¢al framework for people to live by and so playsng an importani part in building a b¢tt¢r 50ciety. In addition we provide lunch clubs for the elderly. dance ¢ISe5 and music classes ai many centres. VoluDte¢n The eharity 15 gratcfvl for th¢ unstinting efforts o( its volunteer5 who aTe involved in runnin¥ the Charity. We mak¢ usc of more than 121 volunteer5 regularly nationwidc and give their s¢rnfices at indkvidual OT8anised events. The voluntC¢TS are organised through a framework of branches involving working ¢ommitt¢cs at a local levcl. li is ditTibuli io artyibuTe an econoTlliG va]ue 10 this wntributiolb that the Voluntee make of their time lTrut it is cru¢iat to the basic fvncliun ofihe Charity- The eXUtiVe committee eTh5ur¢s that bcst value is d¢riv¢d from the effons of the voluntets.
VISHWA HINDU PARISHAD UK REPOKT OF THE TRUS"I'EF.S OR"I'llb YLAR ENDED 31ST ftrlARCH 2024 ACHIEVEMENT AND PERFORMANCE Charitable actLVities The Charity fulfilled its obj¢ctives this ycar by= (a) To promotc the advan¢¢mentof the Hindu Religion:_ Celebrations of Hhndu festivals Projnoting und¢rsiatJding through Interfaith Meelings and &$ member of IFN-UK. Visiting Hindu hot5 on it)vitation to perfor7n Hindu Rites and worship. {b) To promote studics of and r¢s¢arch in the field of Hindu Religious Philosophy and to make krK)wn the r¢sults of such 5tudi¢s and T¢scarch..- Tea¢hing of Religious education through SACRE. Language classes at our centres. Classes to explain & Teach Hindu Dharnia. Ic} To relicvc w)verty, si¢kn¢ss and distress=. We havc cncouraged ourbrdnches to conduct C(x¢11]ng sessions dnd to collcc¢ tX)nation5 for aucation Aid. We are. therefore, happy to report th* w¢ have achieved our objectivcs this year. These ¥¢ivitittS P¥gvide a publi bEnefit. The primary mea5ur¢ of succes5 or failure of th¢s¢ activities Is the lev¢1 of donalions r¢¢eived and fvnds raised. We are happy wth the level of (k)nations ffceived this ycar. Issu outsthndin from last earfs l. The West Midland5 branch should begin functioning again. 2. We will continue the work on fomiing a new Charity with the status of a ChaThtable In¢ortordted Or8ani5ation, (CIO). Issucs arisin this ear l. The work on reopening th¢ we Midlands Branch continues. 2. In october 22 Dr Jotangia was IK)5Pttslised and at an ¢mer8ency FIOT mecting in Jan 23 on whatsapp, Surind¢r Gautsma wa5 asked to be a¢¢in8 Pre5i¢knt. 3. At request of Surindffji Bof rneeting wis colled on 17th March 23 10 dis¢uss way ftitward as th was delay in forming a CIO.'The following was agrced. a) As the Court had award¢d VHP UK against A wade5h 'l'¢wari. Ilford bran¢h requested to remov¢ Mr,Dharshanlal Chodha and Ravi Shamia from VHP Life membership as thcy had played active rnle in helping Awadesh T¢wari and Avin&%h Tewari.This was unanimou51y agreed. b) To mzke our WO ¢ffective physicd meetings are ll¢S5ary. To this it was decided to divide our work in thre¢ Vibhags ( l)IVISIONs) - SOUTH VIBHAG I Ilford. Newham ,Croydon 2nd Hertfordshire brnnches )-Ptamukh (Headl will be Surinder Gauiam& MtDLANDS VIBHAG- Leicester, Nottingham, Northampton And West Midlands BranLh¢s- Pramukh to be Harishbhai Raja. NORTH VIBHAG- Bolton, Manchesier and Yorkshire Branches- Pramukh will be Nar¢ndrabhai Patel. c) Each Pramukh to hold a three monthly meeting of Vibhag and report to BOT * Zoom m¢etin8s after the vibhag meetings. Page 2
VISHWA HINDU PARISH EEPOR"r OTr TIIF. TRusfEES R TIIE YL 14 dl To mak¢ it ¢ffeaive a pravas (Visii l is necessary to each Branrh and tk ttTr local extcutiv¢ ¢omrnittee. 4. Hindu Mandir Network organixd a survey of all Hindu5 in UK to identify as to hindu awareness aboui grooming and conversions. 5. In May 23 Dr T Jot&ngia was hospitalised again and Surinderii to wntinu¢ &$ acltng President till the End of year. 6. In March 24 we become Charity Incorpofftd Organization wilh Charity No'.1207321.The trusr¢es were Dr T Jotsngia{Prcsident}. Surinder Gautama( VP }, Pralibha DutralPROI Harishbhai Raja {ScGrctary). Prof. Nawalkant Prinja(Edueation Director), Narendrdbhai Pateiifreasurer), Ashwin Mi%ty(Ass.TJY&surer). Vinoobhai wadher( Cordinator HMNI and Dr Poonam KakkerfArt5 & Cultural director). 7. The VHPUK Mandirs celebrated all religious utsavs {festivals) and aiso h¢ld International Yoga Day which w&% organis&4 by Manchester. Hertfordshire and Yorkshire branch. 8. In February 24 with sponsorship (Trf"PLW FOUNDATION WHC UK launGhed ANTYAISHTI ( HINDU FUNERAL RITES ). Th¢se will be given out free to ail who nEed this. 9. In MarLh 24 - Vinoobhai Wadh¢r resigned tru5tec and it w&$ decided to rak¢ on Anil Shah Icroydon) and Bharat Mistry (Slou8h118 Tn]stecs. 10. 14ertfordshire bron¢h Celeb¢d DIWALI in WATFORD TOWN in Nov 23 and celebrata HOLI mar 24 wth all the students and Parents at Bushey Academy in p5¢¢¢ of MPS and coun¢illor5. I I. WORLD HtNDU CONFEREN is being org4nised in Bat)gkok and dl brdnches and Mandirs with HMN were urg¥d io regisier online to attend in November 23. 12. Request from Chholubhai Misiry & Dharnivir Dhanda to close Northampton & Nottingham Br&Thches respeGtively &$ Ihere are no Karyakart&4 (committed worktrs ) to wntinue VHP work. he futu ihc follts l. The West Midlands branch should begin functioning win. 2. We will contithue the work in forniing a new ¢hariry with the sratys of a Charitable ID¢ofpoTatd Organisation. ICIO).
VISHWA HI&YDU PARISHAD UK REPORT Ob"fHF. TRUSTEES FOR'f*iL YF.AR ENDED 3is'r MARCH 2024 FINANCIAL REVIEW Reserve5 policy Funds ar¢ lIe¢trd through voluntary dLinations to fjnance the Charity's activitie5 and il is this income that funds the work of the chariiy. The Det incoming resources for thc yw amounted to £146,696 and this was attributable to gene re5erve5, which now stand a¢ £3,838,808. With regard to those general reserves, a policy has been estsblished whereby the unrestricted funds not committcd or inv¢strd in tangible fixed assets. (the free reseJv¢s), held by the Charity should be between 12 and 18 months of the aTU)ual resources expeEJded which equates to £180.000 to £270,000 in general funds. It is felt th. at this lev¢l, it would b¢ possible to ¢ontinue the currenl artivitics of the Charity in the evcnl of a si8llificant drop in th)natioiJs. This would then give 5ufficienl lime to wnsider how the funding would b¢ replaced orthe activities thanged. Overa]I this year, firc res¢tv¢s have incred fiom £751,645 to £880.745 and so are now Comfortably in ihat range. li is planned to utilise thest free reserves nexi year on the ntInUed progrdtnme of maitJten2nce of ourcentres. The primary funding sour¢¢ is th)nations fmm the individua]s and families attending our centrcs. The ndS from ihis Source are used to make provision for th¢ activities carried out in ord¢rto achicve the objectives of the charity. The level of donations recovered significantly during thc year. and it 15 hoped that this trend will continue in the coming year. OveAII. the cotnmittee is satisfied with these r¢5ults and we will endeavour to maintasn, artd improve upon. this level of income into the future. FUTURE PLANS With rega to future strdle8y, the charity plans to wntinuc the a¢tiviti¢s outlincd above subjert to satisfactory funding arrangements. (primarily donations). In particular, the ]rpaymentof the loans will be prioriused where SSible. STRucfuRE, GOVERNANCE AND MANAGEMENT Gov¢rning document Th¢ rharity ¢s&blished in 1972 after the adoption of a conmiwtion dated 12ih Augusi 1972. Further bye laws to be read in conjunction with the cortstitution on I Ith July 2009. Page 4
VISHWA HINDU PARISHADLUK) RF.PORT OF THE I'RUSTEF.S FOR THE YEAR LNDED 31sr MARCH 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT Organisational structure The Board of truste¢s is m&4e up of.. l. Three permanent tnJste¢s who are 4)w>inted by the Board of tTUSte¢s. 2. The Bogrd of trustets who are elerted every ihree years by the membets. 3. Th¢ ¢hair persons of th¢ working committees of the ¢entr¢s dround the country who are elected every tsvo yeaT5 by the members of the relevant centre. lknere art persons, ext¢mal to the charity, whtch are entitled to appoint tnLStees. The Board of twmees ar¢ responsible for thc general maTMg¢m¢nt Jnd control of the ¢hdri¢y as well as the day to day runnin8 of thc charity through the rhairpersons of th¢ centres. As sh Ih¢y ar¢ re8arded a5 the lrnslees of the charity und¢rthe Charities Aa. New Committee members are bri¢fed in their duties by the ouigoing Committee mcmbets. Th¢ ¢enires are in ihe following locations around the wuntry Ilford Newham Northampton L¢i¢esi¢r Nottinghatn Bolion Yotkshire Manch¢ster South l.ondon H¢rtfoTdshire The Board Df trust¢e5 meEts quartcAy lo consider the proper nmning of the charity and its actlVLties. In addition. frorn time timc, short t¢mi sub-wmmittees Are creaied and thcn directed by the Board to deal with specÉfi¢ maii¢fs. Those Se0mIttee$ report back to the Board which then considers their recojnmendations. REFERENCE AND ADMINJSTRATIVE DEI'AIiS Registered Charity Number 262684 Principal address PO Box 10493 Leice5t¢r LE5 9HP Page 5
VISHWA HINDU PARISHAD (UK REPORI" OF THF. TRusfEES FOR THL YEAR ENDED 31sr riiARCH 2024 Trust¢e$ PernJymEnt trustee5 Mr Surinder Gautam President (Appointed from January 2025) Elected Board trusttts DrTTibhovarn Jotangia- (resigned as President January 2025) MrHarish Raja- (resigned as Gen¢r41 Serretary January 2025) mrNalldTa PatEI- (resigned as"[rurer January 2025) Mr Ashwin Mtstry -'Ireasurer (appointed January 2025) Pmf Navalkant Prinja- FJu¢ation Dircctor Dr Mr% Poonam Kakkhar- Arts & Cultural Director Mr Vinodbhai Wadh¢r- Edll¢ation Aid C£K>rdinar Mrs Pratibha Datta (apwintrd Jwuary 2025) Mr Anilkumar Jeshang Deushi Shah- G¢n¢ral Secrelary (appointed January 2025) Mr Bharatkumar Makanji MiMry- NetWOTk CoordinA¢or (apw)inted January 2025) Chai sons of Cenlrcs Mr Vijay Kheterpal- Ilford Mr Harish Bhudia- Newham MrChhobhal Mistry- Northamplo Mr Shantibhai Patel - Leicester Mr Dharamveer Dhandha- Nottingham Mr Ashwin Misty- YOrh1Tt Mr Ravi Kakkar- Manche5tcr (apwbintrd April 2023) Dr Sh&shi Vaidya- Man¢h¢sier (resigned ApTiI 2023) Mr Ushi Nagar- South London Mr Sha5hikant Mer¢hani- Bolton Mts Dinab¢n Bhaudia- HertfoJ5hire Auditor5 R Pau & Co Lymited Chartcred Certificd Accountants & Statutory Auditors 12-16 Station Street East Covenlry West Midland5 CV6 5FJ STATEMENT OF TRUSTEES, RESPONSIBILrrJES The trusttts are rcsponsibl¢ for preparing the Report of th¢ Trustee5 and the financial statements in a¢wrdaDce with applicable law and United Kingdom Accounting Stalards (United Kin8dom GenerlY AcceptEd AlUnting PraGtice . The law applicable to Charities in England and Wale& th¢ Charities Aa 2011, Charity {Accounts and Reports) Regulations 2008 and the provisions of the trust deed r¢quiTe5 the tNsSees to PTrpare fjnathcial statem¢nt5 for each finan¢ial year which give a tnje and fair view of the statt of alTairs of th¢ charity and of the incomin8 r¢50uwe5 and applicasion of r¢%ourccs. inLluding the income and ¢xpenditUTe, of the charity for that period. In preparing th05¢ financial statemenE the tswsttts are required to s¢leci suitable accounting rrf)licie5 and then apply them consistently. observe ihe m¢¢hods and winciples Jn the Charity SORP; ake judgements and ¢stimates ar¢ rc&sonabl¢ and pnJdeTht' preparr the fillan¢ial statements on the going ¢on¢ern basis unless it 15 inappropriate to pr¢sume that the ¢haTity will ¢ontinue in busincss. Pa¥e 6
VISHWA HINDU fARiSHAD REPORT OF TH&'IRusfF.F.S FOR'I'IIF. YEAR ENDF.D 315r MARCH 21124 srATEMENf OF TRusfEES' RESPONSIBILITIFS- contittued The In*¢5 ar¢ responsiblt for kcq)ing proper ac¢ounling records which di5clos¢ with rGisonable accuracy at any time the financial position of thc charity and to enable them to ensure that the financial 51atem¢nts comply widi the Charili¢S Act 2011, the Charity (Accovnts and Rep(Yts) R¢gUlatiO 2008 and the provisions of the ttust deed. They are also resSx)nsible for Sdfegu2rding the assets of the charity and hence for taking r¢TrabIC steps for ihe prevention and dthciion of frwd alld other irregularitics. Approved by order of the board of tnhstees on 3Td Febtvary 2025 aNJ sigtted on lis behalf by.. Mr S M Gautama- Trusttt Pag¢ 7
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSI'bKS OF NISHWA HINDU PAslIAD K) Opinion Wc have audited the financial statements of Vishwa Hindu Parishad (UK) {the ¢hariiy'} for the year endcd 31st March 2024 which comprisc the Statement of Financial Activiiies. the Balance Sheet and nolcs to ihc financi31 stat¢ment8, including a 5umtnary of significant accounling F¥)licies. The finan¢ial reporting framework that has been applied in their prepardtion is applicable law and United KingdotTr Accounting Standa$ (United Kingdom Generally Ac¢¢pted A¢¢ountin8 Prdcticel. In OUT opinion the financial statements: giv¢ a true and fair view of the state of the ¢harity's affairs as at 31s¢ March 2024 and of lis incorning resouTCC5 and application of rc50ur¢¢s, for the yearthen eDded', hawe been properly prepared in a¢cordancc wilh United Kingdom Generally A¢cepted Accountin8 Prncti¢¢,' and hawe been prepaTed in ocwrdanGe with the reqllkrements ofthe Charities Act 2011. BASIS for opinion We condlleied our Audit in aciordance with International SlandaTds on Auditing (L> OSAS (UK)) and applicable law. Our rESWln5ibiliti¢s under those standards Are further dcscribcd in the Audilots. responsibiliiie$ for the audit of the financial statements se¢tion of our report. We ar¢ ind¢pendtnt of the Charity in acwrdance wilh the ethical requircrnents thai are relevani io our audit of the financial statements in the UK including the FRCS Lthical Standard. and we have lfillcd our other ethi responsibilitie5 in aLrordan¢e with these reqUirnentS. We belicvc that the audii ¢vidence we ve obtained is sufficient and apptopria provid¢ a ba515 forour opinion. Conelu$ion$ relgllng to %oing concern In avditing the financial statetnents, wc have concluded that the trusiees, use of the going concern basis of accounting in the prtpar&tion of the financial statements is appropriate. Baged on thc work wc have perfomed, we havc not id¢ntifi¢d any rnaieiial uncertaintie5 relating to events or conditi(Trns th, individually or collectively. rnay cast significant doubt on th¢ charity's ability to continue os a going conctm for a period of * lea5tlwelve months from when the financial statrments authorised for issue. r r¢srx)Trsibilities and the re$tx)nsibilities of thc trust¢¢s with w¢cl to going con¢ern 8re des¢rÈbed in the relevant sections of this report. Other inforfflation The tNst¢es are resw)nsible for thc other inforn)ation. The oiher infornialioTh comprises thc inforniation in¢luded in the Annua] Re)rt. otherthan the financial staoments and ourReport of the lod¢pendent Auditors thereon. Our opinion on the financial siatements does not cover the her inforni10ll anl &wept to the ¢x¢ent othcrwise explicitly stakd in our rerA)rt. we do not expr¢ss any foThn of assuranc£ tonGlusion th¢reon. In connection with our audit of the financial ststements. our respopsibility is io read the oth¢r infoThation and, in doing so. nSider whether the other inforniation is materially incortsistt with the firtancial sta¢ement% or our knowledge obtained in the audit or otherwise aPd[s to be materially mis5t&ed. If we idcntify such matCTial inc0115isiencies or apparent material mi55tatctn¢nts, we are required to detennine whether this gives rise to a material tnisstalement in Ihe fin&ncial slateTn¢nts ihemselves. If. baged on the work we have perfornied. we conclude thai there is a rnerial i&statem¢ot ofthis other infomiation, we are reqlltrcd to report ¢hat fact. We have nothingT io rewrt in this r¢ Matter5 on which we ar¢ required to report by exception We have nothing to report in r¢spect of 1hc following matt¢r5 wh¢r¢ the Charities IAccoun¢s and Rep(ts1 Regulations 2008 requirc5 U5 to report to you if, in our opinion.. the infomiation given in th¢ Re)rt of the frustee5 15 ineonsistent in any rnaterial respEcI Wlth the financial ststement5', or sufficieni a¢£ounting rrcords have not been kept; or the financial 5tatem¢nts are not in agrcement with th¢ accounting tE¢ords and r¢iums.' or we have not received all th¢ infonnatitsn and ¢xplanations we require for our audit. PaBe 8
REPORT OF THE JNDEPENDENT AUDITORS TO THE TRUSTEES OTr" VISHWA HIIYDU PARISIIADLUK Responsibilities of trusttts As Cxplained more fully in the Siatemenl of Trustees, Re5pon5ibiliiies, the trustees are respx)nsible for the ryeparatioo of th¢ financial stht¢ments which give a tTUe and fair vi¢w, and for such inlertldl control a5 the tnJste¢s deieminc is llecessary to cnable the PTeParntion of financial statrTnents that are free from material missfatemcnt, whether duc to fraud or ¢rror. In preparing the financial stalements, the trustees are respon5iblc for assessing the charity's ability eonlKnue a5 a Éoirtg concem. disclosig, as 3pplicablc, matter5 Telatcd to going concern and using the going wnccrn basis of accountin8 unless the tnjsiccs either inteTrd to liquidate the charity or to ceasc operations, or have no ]talis¢i¢ ternatIVe but to do Our responsibili¢i¢s for the &udit of the finaneil st#¢¢meDts We have been appointed as audilors und¢r Section 144 of the Charities Act 2011 and report in accordance with ihe Act and r¢l¢vat)t regula1n5 rnade or having ¢ffect thereunder. Our objectives are to obtain rewrtable assurance aFK>ut whether th¢ financial 5tatem¢nis &s a whole are free from material missthtement, whether due to fraud or ermr, and to issue a Report orth¢ Ind¢pendellt Adir5 that Includes our opinion. Re&sonablc as5ufdn¢e 5s a high level of &ssurance. bul is noi a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material missiatem¢nt when it exists. Miss¢atements can xrisc from fiaud or enor and are considcred material if. individually or in the [egat¢, they could reasonably be expected to influen¢¢ the eeonomic decisions of users taken on the b&%is olih¢se fjnancial statemurts. The extent to which our pThKedure5 aTe capable of dctwtin8 Lrregularities, it)cluding fraud is detailed below: Based on our und¢rstanding of the ¢harity and thc sector in which it operales. we identified the principal risks of non-compliance with laws and regulations related to the acts by the charily, whi¢h were contrary to applicabl¢ laws and regulLonS including fraud, and we ¢onsidered the exteni io which non-complianc¢ might have a mot¢rial eff¢cl on th¢ financial staiements. We a150 considered those laws and regulation5 that have a direct impact on the prcpardtion of the financial 51atcmeniS such as the Companies Act 2006. We evaluated managcm¢nt's inceiiiivcs and opportunities for fraudulent manipulation of the financial stsiements (including thc risk of override of controls), and determin¢d that th¢ principal risk5 were related to inflated revenue and the chariry's net income forth¢ yw. Audit proccdure5 perfomied included: review of th¢ financial stai¢ment di5Glosures to underlying 5UPPOrting do¢um¢ntstion, review of ¢orrcsKrt)ndenc with atld rewfts to the regulators, in¢luding corr¢5pondence with the Charity Commission, review of Co¢spondenCe with legal advisors, enquiri¢4 of manasement, 2nd in tcstirtg of jtsumaL% and ¢voluating wheth¢r there was evidence of bi&$ by the trus¢¢es that represented a risk of material mÈsstht¢m¢nt due to fraud. Th¢r¢ are inherent limitations in the audit procedurcs described above 9d th¢ further retnoved non compliance with laws and rcgulations is from the evcnts and tnnsa¢tions refiectfd in th¢ financial statements, the less likely we would be¢om¢ awar¢ of it. Also. the risk of noi deteclillg a material misststemeni due lo fraud 55 higher than ihe risk of not dctccting one resuliing fix)m erroT. as fraud may involve deliberate concealment by, tor example, for8ery or intentional misrepresentation5, or thTough collusioll. A further description of our responsibilities for the audit of the financial .4tatements is ILKat¢d on th¢ Financial Reporting Council's website al www.fr¢.org.uklauditorsresp)nsibilities. Thi5 des¢riptioD foTtns part of our Rwrt of the Independent Auditors. Page 9
REPORT OF THE INDEPENDENT AUDITORS TO TH£ TRusfEES OF VISHWA HINDU PARISIlAD_{IJK U$¢ of our report This report is made solely to the chariry's tn¢es, FK>dy. in accordance with Part 4 of the Chariiie5 (Accounts and R¢kk)rts) R¢£ulations 2008. Our audit wot* been undertaken so that we rnight 51ate lo ihe charity'5 Irust¢es th08¢ rnatter5 we are required State tL) th¥tn in an Audiiors, report and for no other puryx)se. -Io the fullc5t extcnt pem)illed by law. we do noi a¢£¢pt or assume responsibility to anyone other than the charity and the ¢haritys trust as a kndy, for our audit worl for this repDrt, or for the opinitsns we have forncd. R Pau & Co Limited Chartered Certified Accountants & Statutory Auditors 12-16 Station Stred S.'ast Covcntry West Midlands CV6 5FJ 3rd February 2025 Page 10
VISIIWA IIINDU PARISHAD UK ANCIAL ACI'lVI'fiF. ATEMENT OF FIL _ 2024 Totsl fuTKis 2023 U1£Stri¢l¢d funds Restrscted fund funds Notes INCOME AND ENDOWMEprrs FROM Donatiorh5 and legacie5 311,296 311296 307.536 Charitsble sctivities hool f¢c5 Festival and day ce]rtre income 17,936 38,847 17,936 38.847 15246 33.070 Other trading activitie5 Inwestment income 2,882 21,174 2,882 21,174 12.405 1,961 T•tsl 392.135 392,135 370,218 EXPEYDITURE ON Gov¢m2nce wsts 17,136 17.136 75,747 Charitable artivi¢ies Charitable activitie5 228,303 228.303 162,612 T'otal 245,439 245.439 238 J59 NET INCOME 146.696 146.696 131,859 RECONCILIATION OF FUN Total tund$ brought foThvard 3.692.112 3,691112 3,560253 TOTAL FUNDS CARRIED FORWARD 3,838,808 3,838,808 3.692,112 The notes form part of these financial stat¢mcnts Pagell
VJSHWA HINDU PARISHAD UK BALANCE SHEEI 2024 Totsl funds 2023 'rotal funds Unrestricie funds Resthcted fund FIXED ASSETS Tangible assets 2,95S,(kn3 2.958,063 2,940.467 CURRENf ASSETS Debtors Cash at bank and in tmnd 12 24,657 957,875 24,657 957.875 65.368 890.475 982,532 982,532 955,843 CREDITORS Amtsunts fling due within one year 13 (75,537) 175.537) (114.948} PI'ET CURRENT ASSETS 906,995 906,995 840,895 TOTAL ASSF.TS LF.SS C.URRETrrr .IABILITIF 3,865.058 3,865,058 3,781,362 CREDITORS Amounts falling due after more than one year 14 (26.250) {26,250) 189.2501 Nrf ASSETS 3,838.808 3,838.808 3.692,112 16 Unr¢stricted funds 3.838.808 3,692.112 TOTALFUNDS 3,838,808 3,692.112 The financial statern¢nts w¢r¢ approved by the Board of Trnstces and authorised for issue on 3rd February 2025 and were signed on its behalf by.. Mr S M Gautams- Tr11¢¢ The notes forni part ofthe5e fLiJHncial aatement5 Pa¥e 12
VISHWA HINDU PARISHAD No'rLS TO THb. TrINANCIAL STATEMEN'r FOR'fiiF. YEAR EN ARCH 2024 ACC.OIJNTING POLICIES Basis of pr¢pariDg the finAnei81 ststement5 The financial sthtements of th¢ charity, which 15 a publiG ben¢fJt entity under FRS 102, have been preparcd in aecordance with the Charitie5 SORP (FRS 1021 'Accounting and Rew)rting by Chariiie8-. Staieffteni of R¢wmtnendd Pra¢ti¢¢ applicable to charities ppang thcir accounls in accordance wilh the Financial Rtw)rting Standatd applicable in the UK And Republic of llEland (FRS 102} (effectiv¢ l January 2019),. l.'inancial Reporting Standard 102 'fhe Finan¢ial Re]x)rtiThg Standard applicable in the UK wjd Republic of Tland, and thc Ch8rities Act 2011. The fLiiancLal statem¢nts have been prepajrd under the historical cost convcntion. The financial 5tat¥tnents are pr¢pwEd on a going concern ba5k8 and are Prepar in sl¢rltn8 which is the runaional ¢urren¢y of the charity and Tounded to lh¢ Hewest £. The signifi¢ani accounting policie5 applied in the PrcpaIi0n of these financial statements ar¢ set out below. The%¢ li£le have beEn consisterttly applied io all years pres¢t)led unless othcrwise statrd. Income All incoming rcsourtts are included in the Statement of Financial Activilies (SOFA) when ihe charity is legalty entitled to the in¢ome after any perfonnance Clindiiions hav¢ been rnet. th¢ dmounl measur¢d r¢liably and it is probable that th¢ income will be r¢ceived. For donations to be reColS¢d the charity will have bn rK)tified of th¢ amounts and the scttlemet)t de itl writing. If there are cotlditions attached to the donation and this Te4uires a level of perf(Trmiance befor¢ entitlement can be obtained then Income is defC until those Conditions are flllly met or the fulfilmeni of those conditions is within the control of the charity and it is probable that they will b¢ lfilled. Donated facilities and donat¢d professional 5erviccs are re¢ognised in income at their fair vu¢ when their economic benefLI L5 prubabl< it ¢an be M¢ured reliably and th¢ chariry control over the item. Fair value is deterniined on the basis of the value of the gift lo the charity. For exalpIC the amount the charity would b¢ willing to pay in the open maTk¢t for such facilities and 5eTvices. A corresponding amount is rgnised iii expEnditurt. No amount is in¢lud¢d in the financia] statements for voluntccr time in line with th¢ SORP IFRS 102). Incfjme from charitable gKtivities activities in¢ludes income earned school fees arsd re1v41S and day ¢¢ntre5. InGome is received in ¢x¢hang¢ for supplying goods and servitts in ordcr to rais¢ funds and rs re¢o8nised when entitl¢m¢Tht has occurred. Expendituwe All ¢xp¢nditur¢ is accounted for on an ac¢ruals b&%is and has been ¢lwified under headings that aggr¢8ate all costs related to the category. ExndItUre is recognised where thcre is a legai or ¢onstructive obligation to make payments to th5rd parties. it is probable th&t the settjemeni will b¢ required and the amount of Ihr obligation can be measured reliably. Support eosts 8llo¢Ation Support costs are thos¢ ihai assist the work of the rharily but do not directly rq)res¢nt charitablc activities and in¢lud¢ office costs, governan ¢05¢S, administrative costs. Th¢y are incurred directly in SUpjn of expenditure on the objects of the ¢harity. 'I'angible fixed a5s¢ts Tartgible fjxed a55ets are stat¢d at cost {or decTned costl or le55 ac¢umulat¢d deprecialivn and accumulatoj impairnient losses. includc5 costs directly attributsble lo making ih¢ &sset capable ofoperating as iniend&J. DcpreciatÉon is provided on all lan¥ible fixed assets. al rates calculated to wnte off the ws¢ Ic&s estimated residual value. of each asset on a systematic basis OVEr its expxted u5¢ful lift as follows: Page 13 ntinued...
VISHWA HINDU PARISHAD NOTF.S TO THE FINANCIAL STATEMENTS- continued I-IIE DED 31sr ARCH 2024 ACCOUNTING POLICIFS- continued Tangible fjxed assets Fixtures and fittings- 21P/o reducing balan¢¢ Freehold property- IQ/• on cost Taxation The charity is art txempt charity within the meaning of schedule 3 of the Charities Act 2011. Fund sccounting Unrestyicicd fijnds can be used in aOrdanCe with the chaTitsble objectives at the di5CTetion of the tsustees. Restriet¢d funds only be used for particular reslric(ed pU5¢S within the objects of the charity. R¢stricti0Th5 aTiSe when 5p¢cified by the donoror whet) fijnds are rai%ed for particularrestyi¢t¢d purrAtses. rurther explanation of the nature and purp)s¢ of fund is included in the notes to ihe financial statements. Debtor5 and Credito re£eivAble I py#ble within one ye&r Debtors and creditors with no slated it)Iert Tale and receivable or payable within one year are re¢orded at transaction pri¢¢. At)y losses arising from impairnient are recogniscd in exnditure. Conce55ionary loans Con¢¢ssionary loans includ¢ thos¢ payable to a third partie5 which are inteTe5t free or below matd inier¢st ra¢¢$ and ar¢ made to advance charithble purposes. All su¢h loans are mcasured at C05t. less impairnienl. DONATIONS AND LLGACIFS 2024 2023 Donations Gifi aid Subscriptions Sundry incom¢ 251.274 43,947 5,760 10,315 262.979 46,451 12.3421 448 311,296 307.S36 OTIIER TRADING Acrivi'iuES 2024 2023 Grants received Ha]1 hire 500 2,382 5,300 7,105 2,882 12,405 Page 14 conlinued..
VISHWA HINDU PARISIIAD r*O'lbS TO THF. FINANCIAL sfATF.MENT%- continued T NL4RCH 2024 INVESTMENT INCOME 2024 2023 Deposit xcount interc5t 21.174 INCOME FROM CHAIUTAHI,V. ACTIVITIES 2024 2023 Activity Schwl f¢es S¢hwl fees Fe5tiva] and day ttntre income 17,936 15,246 Festival and day centre kncome 38,847 33,070 56,783 48,316 CHARfi'ABLE ACTIVITIES COSTS Dire¢1 Lharitable activiti¢s 228.303 SUPPORI. CO%tS Governan¢¢ Raising donations and legacies 17.136 Supp)rt costs, included in the above, are as follows.. Governance efjsts 2024 Raising donations 2023 Tulal adivitie5 legacies Auditors. remunerdtion Profe55ional fees 0,000 11,136 6,000 69,747 17,136 75,747 Poge 15 LX>ntinued...
VISHWA HI,Du PARISHAD UK NOTES TO THE FINANCIAI. STATEMENTS- continued R'I'IITr. YEAR END AR AIIDITORS, RF.MUINERATIOYb 2024 2023 F¢e5 payable to thE charity5 audiwrs for the audit of the Charily's fjnaneial staienienrs 6,000 6.000 TRUSTEES, REMUNERATION AND BF.NEFITS There were no tnL%tees' remuneratiOtL or benefits paid for the year ellded 31st Mwth 2024 nor for th¢ year ¢nded 31st March 2023. Ttee8. expense5 There were no intste¢s' expenses paid for thr year ¢nd¢d 31st March 2024 nor for the year ended 31st Mah 2023. io. srAFF cosrs 2024 2023 Wages and Salaries 22,846 19,092 £22146 £19.092 The 8v¢rag¢ monthly numbcr of employ¢¢s during the year W&5 &4 folk)ws'. 2024 2023 No employ¢¢s received emoluments in excess of £60,000. Page 16 contin1d...
VISHWA HJNDU PAIUSHAD (UK NOTES I'O THV. FINANCK3L STATEME R Tl EN 'rs- continu£d TANCslBI,E FIXED ASSLTS Fixtures and rittings FreeId property Totals COST At 1st April 2023 Additions 2,973,156 190,781 27,23Q 3.163,937 27.230 At 3 1st March 2024 2,973,156 218,011 3,191.167 DEPRECIATION At 1st April 2023 Charge for year 52,080 2.007 171 J90 7,627 223,470 9,634 Ai 31st Marth 2024 54.087 179,017 233.104 NET BOOKVALUE At 31st March 2024 2.919.069 38,994 2.958,063 At 31st March 2023 2,921,076 19.391 2,940,467 IL DEwfoRS: AMOiif4TS FALLING DUK wrrHIN ONE YEAR 2024 2023 Othcr debtors 24,657 65.368 13. CREDII'ORS.. AMOUNTS FALLING DUE WITHIN OIYE YEAR 2024 2023 Trade creditor5 Accruals Conc¢5sionary loans 45.417 6,000 63.531 63,531 75,537 114,948 Page 17 continucd...
VISHWA HINDU PARISHAD UK NOTES TO THE FINANCIAL S'I'ATF.MEI¥4TS- contiMue RTHE 14. CREDITORS: AMOUNfs FALLING DUE AFTER MORE THATr4 ONL YEAR 2024 2023 oiher loan$ (s¢e note 15) 26250 89,250 15. LOANS In 2015 the charity ha5 f¢Eeived a concessionary logn of a principal Sum of £530,000 and 8 further sum of £IOO,000 in 2016 to fund the purchase of thc new property at the Iifo¢d branch. This has b¢eD received on an interest fire basis and is being repaid on a monthly b&sis over a period of 10 yeals from the ¢ompletion of the property purchase. MOVEMENT IN FUNDS Nei movement in fund8 At 3113124 At 114123 Unrestricted fu$ GtraI fund 3,692.112 146,696 3,838,808 TOTAL FUNDS 3,692,112 146,696 3,838.808 Net movement in fund& included in th¢ above are as follows.. Inwmit)g r£sourc¢s ResouKes eKpenikd Movement in fvnds Unr&*trirted fund General fithd 391135 (245,439) 146,696 TOTAL b"UNDS 392.135 (245.4391 146,696 Comparat4ves for movement in fullds nK)vem¢nt in fullds At 3113123 At 114n2 Unrestricted funds Gen¢rnl fund 3,560,253 131,859 3,692,112 T(yfAL FIINDS 3,560,253 131,859 3.692.112 Page 18 continued...
VISHWA HJNDU PARISHAD UK NOTES TO THK FINAN OR L STATEMEe0tied 16. MOVEMEKf IN FUNDS- tontinlled Comparative net movement in fund5. includd in the above arc follows: Incoming re5Liurc¢s ResoUe5 expended Movemeni in funds Unrestricted fund5 Genernl thnd 370218 {238,359} 131,859 Tl'AL FUNDS 370,218 1238 J59) 131,859 A ¢urrent year 12 months and prior year 12 months Combin rM)sition is as follows: NLt movement in funds At 31nn4 At 114122 Unrestricted funds Cjeneral fund 3,560,253 278,555 J,838.808 TOTAL FUNDS 3,560,253 278,555 3.838.808 A ¢urn1 year 12 months and prior year 12 montlK% combin¢d movem¢nt nds, includ¢d in th¢ above atr Ls follows= InmIng resx)urces Resourc¢5 eXPEnd¢d Movement in funds Unrestricted fwDd3 Gemcral fund 762,353 (483.798) 278,555 TOTAL Tr UNDS 762J53 (483,798) 278,555 17. RELATED PARTY DISCIA)SURES There we]E no related paty Iransactions for the year endcd 3 1st Mawh 2024. Pag¢ 19
vi H_WA HI,Du PARISHAD DETAILE ATF.MENT R THE F FINANcIgLA1VITIEs 24 2024 2023 INCOME AND ENDOWMEf+trs DoDations 8nd legacies Donation5 Gift aid Subs¢riptLOIIS Sundry i1C 251,274 43,947 5,760 10,315 262,979 46.451 (2,342) 448 311,296 307,536 Othertr8ding artivities Grants Jrccived Ilall hire 500 2,382 5.300 7,105 2.882 12,405 Inv£stmen( ineome Deposit count interest 21.174 1,961 Charitabl¢ •ttivitie5 School fecs Festival and day ¢¢ntre iTKome 17,936 38,847 15,246 33.070 56,783 48.316 Tot•1 Incoming resources 392.135 370,218 EXPENDI'IIJRE Ch•rit8ble wdivltles Donaiions to Priests and volunteers RenL rate5 and w¢r Insurance Light and heat R¢paiTS and renewals Hall hir¢ Telephonc Printin& PKJSta8c aTKi sl0¢ry Travellin Festiv ond day cenire costs EquipTneni and b(Mik5 Gener41 ex5¢5 Vi5Lt of othu Swamijis sch)] expenses Bank Charges Deprcciation of iangible fLx¢d assets Carried fonvdrd 22.846 4,312 10,306 16.827 17,867 3.844 1,467 1,659 800 16.018 965 84,955 301 34.292 683 9,634 226,776 19,092 3,352 7,737 15.373 18,905 3,285 1.896 3,122 800 15,447 250 29,290 1,502 33,939 454 5,784 160.228 This page does fonn part of the statutory financiai ststements Page 20
VISHWA HINDU PARISHAD LUKJ DFTAILED sfATEMENT OF Tr-INAf4CIAL ACTIVITIES 'HE YEAR DED31sf MAIICH 2024 2024 2023 Charitsble aetivities Brought forward Donations 226,776 1,527 160.228 2.384 228,303 162,612 Support Costs Cov¢rn4nce Costs AuditOTS' reThuner2tion PrOf10nal tees 6,000 6.000 69,747 17,136 75.747 Totsl resources expended 245.439 238,359 Net inemie 146.696 131.859 This page does noi forn] part of th¢ statutory fLnan¢ial statcm¢Dts Page 21