REGISTERED COMPANY NUMBER: IEn9land and Wales) REGISTERED CHARITY NUMBER: 268146 Re ort of the Trusteès and Unaudited Financial Slatements for the Year nded 31 Marth 25 for Hindu Cultural Societ GSV Partners Ltd Progress Business Centre Whittle Parkway Slough Berkshire SL16DQ
Hindu ultural lou Contents of the Financial Statèments for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiners Report Statement of Financial Activities Balance Sheet 4 to 5 Notes to the Financial Statements 6 to 11 Detailed Statement of Financial Acttvities 12 to 14
14indu ultu als cie Slou Ize ort of the The trustees present their report and accounts for the year ended 31 March 2025 Back round Hindu Cultural Society. Slough, Slough was fomied in 1974 for the provision of a ntI?1 place of worship and religious functions for slough and neighbouring areas. The Charity is registered wth the Charity Commission. It is a membership body of Ordinary and Llfe members. Membership as dofined in its Constitution of F8bruary 1994. (the goveming document) "is open to any Hindu over the agè of 18 years intè.restèd in the furthering the aims and objectives and who has paid the annual membership fee of the Sooety" (clause E(1)I HCS is now govemed by Néw Constitution which was approved on 9th Dec 2017. ose and Princl al ies The purpose of the Charity is to bring awareness of Hinduism and the philosophy of Shri Sanatan Dharm. The principal acliviti8s of the Charity are defined in Its Clause C {i-vi) of its gob'eming document. Review of the ear -rhe Charity continued all its activities throughout the year. Post ear activitios .indu Cultural Seciety , Slough Temple now have full planning permission to extend the temple with an agreed and signed off s106 Agreement wilh Slough Borough Council. Prior to implementing tlie planning permission, there are protocols & obligations lo agree with the council. Various estimates are being sought but initial cost pl8n is likely to be app £2.513.0m. 1. The Charity apiilied for and received a reasonable amount in Gift Aid from HMRC. 2. We celebrated ,.311 religious functions wsth lull vigour, 8nthusiasm and larger, all the major religious functions and will endeavour to continue celebrating all Hindu religious functions in the forthcoming years. 3. W8 are now go'iemed by the new C*onstitution passed on * Dec8mb8r 2017. E18ctions for the new Executive Committeé are due in Dec 2027 4. Our educational and dance classes are in full operation. S. We have continued to support the community projects and other charities within Slough Borough and built stronger relations with othèr religious communities in Slough. 6. An online receipts and payment system is fully functional which would increase donations. We have a fully installed system of collecting donations by electronic means within the charity premises. We now have the facility of using card machines to accept d(Inations. The charity have also introduced card machines- Clover & Dona which has demonstrated donations alol. A lot of donors are now donating using card facility . This has also reduced the banking. Future Pro ramme It is the intention of the trustees to press ahead with the extension plans as socn as the full planning application has been Granted by Ihe Slough Borough Council. We haiie digitalised the bwkings, donations and other activities to lead us to a papert8ss charity. Approved by order of the board of trustees on signed on its behalf by.. .15th Dec 2025 and V Kumar Presidant Dipak Goel- Treasur&r Page 1
Re ort of the TTUStees fcr the Year Ended 31 March 2025 Th8 trustees who are also directors of the charity for the purposes of the Companies Act 2006, PIEsent their report with the financial stalern6nts of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 J¢?nuary 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is ¢ontroll&d by its goveming document, a de8d of trust, and constitutes a limited company, limited by guarantée, as defined by the Companiés Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number (England and Wales) Registered Charlty number 268146 Registered office Keel Drive Slough Betkshire SL12XU Trustees Company Secretary Independent Examlner GSV Partners Ltd Progress 8usinessCentre Whittle Parkway Slough Be$hIre SL16DQ Approved by order of the board of trustees on behalf by.. and signed on its V Kumar- President Dipak Go Treasurer Page 2
ocie nde endent Exa ultur ociet of Independent examinerfs report to the trustees of Hindu Cultijral Society {'the Company.) I report to the charity trustees on my examinats'on of the accounts of the Company for the year elided 31 March 2025. Responslblllties and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the arxounts in accordan¢e wth the requirements of the Companiés Act 2006 I'the 2006 Act,). Having satisfièd myself that the accounts of the Company are not required to be audited under Part 16 of th8 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 {'Ihe 2011 ACV). In carrying out my examination I have followed the Dir8clions given by th8 Charity Commission under Section 145(5) {bl of the 2011 Act. Independent examintrrfs statement Since your charity's gross income axceeded £250,¢)JO your examlner musl be a member of 8 ljc',ted body. I can confirm that l am qu8lifi.ed lo undertake the examination because l am member of the Association of Chartered Certified Accountants, which is one of the listed bod8$. I havé completed my examination. I confimi that no matters have come to my attention in Connection with Ihe examination giving me (:ause to believe.. acLounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord wSth those records., or the accounts do not comply wFth the accounting requirements of Section 398 of the 2008 Act other than any requirement that the accounts give a true and fair view vihich is not a matter considered as part of an independent examination., or the accounts have not béen prepared in accordance wilh the methods and principles of Ihe Statement of R6commend8d Practice for accountlng and reporting by charilies {applicable to charities preparing their accounts in accordance with th8 Financial Repo.ng Standard applicable in the UK and Republic of Ireland {FRS 10211. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sanj88v Virdee GSV Partners Ltd Progress Business Cenlro Whittle Parkway Slough 8ert<shire SLI 6DQ Page 3
Hini Itural Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 371,331 293,675 Other trading activits'es Investment income 9,3 25.970 8,000 20,435 Total 406,697 322,110 EXPENDITURE ON Raising funds 130,644 149,930 Olher 31,847 39,920 Total 162,491 189,850 NET INCOME 244,2C6 132,260 RECONCILIATION OF FUNDS Total funds brought fotward 1,854,219 1,721,959 TOTAL FUNDS CARRIED FORWARD 2,098,425 1,854,219 Thé notes form p8rt of these financial statements Page 4
ultural Balance heet 11 March 2025 31.3.25 Unrestri¢ied fund 31.3.24 Total funds Noti)s FIXED ASSETS T,angible assets 885,930 883,1 CURRENT ASSETS Cash at bank 1,221,777 975,381 CREDITORS Amounts falling due within one year {9,2821 (4,298) NET CURRENT ASSETS 1,212,495 971.C63 TOTAL ASSETS LESS CURRENT LIABILITIES 2,098,425 1,854,219 NET ASSETS 2,098,425 1,854,219 FUNDS Unrestricted funds 10 2,098,425 1,854,219 TOTAL FUNDS 2,098,425 1,854,219 The charitable company is 6ntille¢J to exemption from audit under Section 477 of thé Companies Act 2006 for the year ended 31 March 2025. The memkrs have not requiréd the company to obtain an alt of its financial statements for the yaar ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The trustees aCknOedge their rèsponsibilities for {a) ensuring that the charitable compan.'I keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2(108 and {b) preparing financial statements which give a tru8 and fair view of the state of affairs of the charitable company as at the end of gach financial year and of its surplus or deficit for each financial year in accordance with Ikie requirements of Sections 394 and .195 and which othemise comply with the requirements of the Companies Act 2008 relab'ng to financial statements, sofar as applicabla to thv Charitable company. The notes fomi part of Ihese financial statements continued... Page 5
Hindu ultural oci lou Balance Sheét- continued 31 March 2025 These financial statements have been prepared in accordance with the provisions applicable to charitable companiès subject to th6 small companies regime. The financial statèmeiits were approved by the Board of Trustaes and authorised for issue on .and were signed on its behalf by.. V Kumar- President Dipak Goel - Treasurer The notes form part of these financial statements Page 6
ultur lou Notes to the Financial Stat ments forlhe Year Endéd 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Chanlies. Statement of Recommended Practice applicable to charities preparng their accounts in accordan with the Financial Réporting Standard applicable in the UK and Republir of Ireland (FRS 1021 (effecb've 1 January 20191,, Financial Reponing Stsndard 102 'The Financial Reporting Stsndard applicablé in the UK and Republic of Ireland, and the Cornpanies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has enlitlement to th8 funds, it is probable that the in¢ome will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or construdive 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 obliqalion can be measured r81iably. Expenditure is accounted for on an accruals basis aiid has been classified under hèadings 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 résources. Tangible flxed assets Depreciation is provided at the following annual rates in order to write off 8ach asset over its estimated usèful life. Taxation The charity is exempt from corporation lax on its charitable activities. Fund accountlng Unreslricted furids can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds ¢an only be used for particular restricted purposes within the objects of the charity. ReslDctions arise when specified by the dOr or when funds are raised for pa'cUlar restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to th8 financial statements. Pension costs and other post-retir<%ment benefits The charitable rompany operates d définèd contribution pension scheme. Contributions payabl8 to th• Charitable company's pension scheme are charg8d lo the Statement of Financial Activitiés in thè period to which they relat8. continued... Page 7
tural Notes to the Financial Statements- continuf.ad fcr the Year Ended 31 March 2025 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Festival Programme £9,396 £8,000 INVESTMENT INCOME 31.3.25 31.3.24 Dep)sit account intèrest £ 25,970 £20,435 RAISING FUNDS Raislng donatlons and legacles 31.3.25 31.3.24 Support costs 552 Investment management costs 31.3.25 31.3.24 Prop8ty r8pairs £ 3,295 £3,077 Aggr8gat8 amounts 130,644 149,930 NET INCOMEI(F.XPENDITURE) N8t incomel{expenditure) is ststed after chargingiicrediting).. 31.3.25 31.3.24 Depreciation - owned assets £811 £339 continued... Page 8
Hindu ultural ou 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, experises There wére no trustees, expenses paid for the year ènded 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unr8Stricted fund INCOME AND ENDOWMENTS FROM Donstions and legacies 293,675 Olher trading activities Investment income 8,000 20,435 Total 322,110 EXPENDITURE ON Raising funds 149,930 Other 39,920 Total 189,850 NET INCOME 132,280 RECONCILIATION OF FUNDS Total funds brought forward 1,721,959 TOTAL FUNDS CARRIED FORWARD 1,854,219 continued... Pag8 9
ndu ultur Notes to the Financial Ststements- continuod fcr the Year Ended 31 March 2025 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Plant and machinery Totals COST Al 1 April 2024 Additions 881,235 53,575 934,810 3,385 3,385 Al 31 March 2025 881.235 53,575 3,385 938, 195 DEPRECIATION At 1 April 2024 Charge for year 51,654 611 51,654 611 At 31 March 2025 52,265 52.265 NET BOOK VAI.UE At 31 March 2025 881,235 1,310 3,385 885,930 At 31 March 2024 881,235 1,921 883,158 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 £4,2 97 185 4,800 31.3.24 £4,2 98 Trade creditors Social security and other taxes Accrued expenses 9,282 4,298 10. MOVEMENT IN FUNDS Net mov8m8nt in funds At 31.3.25 At 1.4.24 Unrestricted funds General furn 1,854,219 244,206 2,098,425 TOTAL FUNDS 1,854,219 244,206 2,098,425 conbnued... Page 10
Hindu ocie Notes te the Financial Statements - continued fcr the Yèar Ended 31 March 2025 10. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are as foll(Iws'. Iricoming Resour$ Movement resources expend8¢ in funds Unrestricted funds General fund 406,697 (162,4911 244,206 TOTAL FUNDS 406,697 (162,4911 244,206 Comparatlves for movement in funds Net movemert in funds At 31.3.24 At1.4.23 Unrestrlcted funds General fund 1,721,959 132,260 1,854,219 TOTAL FUNI)S 1,721.959 132,260 1,854,219 Comparative net movement in funds, included in the abov8 are as follows.. Incoming Resourcos Movement resour$ expende(I in funds Unrestricted funds Genèral fund 322,110 {189,850} 132,260 TOTAL FUNDS 322,110 1189,8501 132,260 A current year 12 months and prior yèar 12 months combined position is as follows.. Net movemerit in funds At 31.3.25 At 1.4.23 Unrostrictèd fund$ General fund 1,721,959 376,466 2,098,425 TOTAL FUNDS 1,721,959 376,488 2,098,425 continued... Page 11
Hindu ultur Notes to the Financial tatements - continue fcr the Year Ended 31 March 2025 10. MOVEMENT IN FUNDS - cgntlnued A current yèar 12 months and prior year 12 months combined net movement in funds, induded in the above are as follows.. Incoming Resources Movement resour$ expended in funds Unrestricted funds General fund 728,807 {352,341) 376,466 TOTAL FUNDS 728.807 {352,341} 376,4e8 11. RELATED PARTY DISCLOSURES There were no related paty transactions for th6 year ended 31 March 2025. Page 12
Hi oci Qetailed tatem f Fin fcir Ihe Yéar Ended 31 Ma h20 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Gifts Donations Gift aid {1> 340,424 30,908 267,599 26,075 371,331 293,675 Other trading activities Festival Programme 9,396 8,000 Investment income Deposit account interest 25.970 20,435 Total Incoming resources 406,697 322,110 EXPENDITURE Other tradlng activities Purchases 16,541 25,906 Investment management costs Property repairs 3,295 3,077 Other Wages Social security Pensions Equipmgnt Hiro Plant and machinery 24,694 316 185 1,855 611 35,571 2,063 496 1,451 339 27,661 39,920 Support costs Management Rates and water Insurance Light and heat Postage and station6ry AdVe$Ing Sundries Carried forward 1.940 3,950 30,714 377 18 124 37,123 1,799 3,900 47,129 912 54,236 This page does not form part of the statutory financial statements Page 13
Hindu ultur lou tatement of Financial Activiti8 for the Year Ended 31 March 2025 31.3.25 31.3.24 Management Brought foNard Cleaning and Waste Removal Donations Health and Safety Coach Hiré HR Expense SOfare Temple Sécurity Fèstive Expenses 37,123 25,358 750 4,217 6,720 971 239 8,050 14,184 54,236 20,167 713 2,636 7.415 933 715 4,636 12,448 97,612 103,899 Finance Rates and water Telephone Bank charges 8,531 1,936 1,039 6.239 1,802 11,506 8,221 Governance costs J4ccountancy arid legal fees 5,876 8,827 Total resources expended 162,491 189,850 Net Income 244,2Ce 132,280 This page does not form part of the statutory financial ststements Page 14