Charty iegislraiKJn numbei. 282510 RAMGARHIA SIKH ASSOCIATION TRUSTEES. REPORT ANO AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 DECEMBER 2024 R￿yja￿W9 &kh A88oelatlon Cont•nt¥ P•g• Trustees, Report & ststement rfTwslees' RespOns￿lbe5 Independent Auditors Report stste￿￿nI ot F￿an(la1 Acttwl*s St2temenl of Financial Positi"on ststerr¢nl ol C¥¥h Notes to ￿ Statement of Cash Notes to the Financial Stalements Ram9arhia Sikh Association Trustees. Report ForThe Year Ended 31 December 2024 The trustee5 pie5ent Ihe5r ￿port and the fWjw￿iat slalgThnts lor the year ended 31 December 2024. Objectlvg¥ and Activities Aims and Oblectlves The chanty is conlroled by ils wvemw ¢Jwn*nt. a deed of Trust and cons￿￿eS an unincorporated charity. Slgnlfitant Aciivltles The Charty provides the folbjwmg faul1￿s to its congregation from rt5 locakn ￿ Gthn Crescenl. Hayes, Middlesex. 1. Earty moming prayers daty fvom 5.1X]•n 2. A full breakfast. lunch and evening meal for Ih05e that VISA the temple irt1￿￿ng those in need. A large number ol meals are served every ijay al the temkAe through (*arrtable donalions 3. A specAal Lqdies con9regalM)n is held e¥ery Wednesday aftemoon 4. Sikh weddings and funera15 ￿ atcordance wlh Sikh suiptures arm1 riles 5_ Children's music and languagè cL3sses that are atteThJed ty large number of 51thYents for which Ihe charity provides all stat￿nery and readirg Matell￿$. 6 Health relaied aCt￿lI1e$ and awarenes$ 7. Annual chikyren's sunwner camp 8 A full reèding ol Ihe Sikh ￿riptUres148-ho￿ seTh￿e1 alnyxt evtry weekend iMJI 111)slty ¢)n all Sikh Relig￿U9 lestivals and mapf Sikh religious occasior 9. A full Sunday congregation from 5 Crf)am till 8.30pTll which can be attended by ovei foll¢￿er5 * any gNen Thè Tmstees are fulty committed to serwng the Sikh Ccffimunity lor Ihe pu￿Se$ of Wf5hip by holding S*h Congr￿all0￿5 and provKliThJ fa¢￿'tIeS that I￿lde ￿rth. dealh, bakmksm. and maffwje ceren1)n￿$ at the temple. Public Benefit The Iruslees Confirm Ihat they have corry>l￿1 wth lh• tequiiements ol sect￿ 17 ofthe Charibes Acl 2011 to have due regard to the Chanty Commission's 9u*Jarte on publt benefft. Achievements and Perforniance Maln A¢hi•vem•nts l. Sports actswties such as tsble tennis, Jtt¢lo karate are hekj M a weekty ba￿$ 2. Monthty dement"a heatttt assessments are perforned at the lempk 3. Free use of the premises k¢r otlw ￿Lately aclNrf*s who kx4( after yO￿g$te[S ￿ gu*Ye ihem away from drug use and alcoh￿ abuse 4. Weekly lessons lor guHlarKe against anti-50oal behwour and rytse¥ bultyiNJ ale hdd at Ihe lemp 5. NHS heallh check day is also made aVai￿LIe for everyone by the clwity Financial Review Flnancial Positlon Thè frnancial standing ol Ihe charty femall￿ solKI. wrth sufficient resources to SUPF*Xt ts ongoing actNrt*s. Invostmtnt poll¢y and objectl¥e$ l. ShOrt-te￿n lettiThJ of the It*rary flats and Ihe warthou5e vnttl frrture fvnding and re-develoyneftt plans are re. esiablished and pul Into place lor Ihe benefrf of the communily A specialist architecl who has expenerKe In the deggn of ￿kh lemrAes Ihè UK has retenity visiied Ihè charity and ongoing discuSs￿nS are currenuy taking place Reserves Policy The chanty Is hokjing ￿SerVeS as li ts continimng to pu￿Ve a poly of ￿lurt)iShMent ana expansK)n of Its existsng premises. Structuwv. Govern?n¢¢ and Management Govemlng Document The tharity is controlled by rts go¥eming dwJm2nt. a deed of Injsl and constrtlles an unm￿rp0rated charity Ramgarhla Slkh Assoclatlon rt ForThe YearEnOed 31 D¢C¢M￿r20?4 Trustees. Re Recrultment and appolntment of new Irustees One trustee must resvJn at the I1me of the general eleclws, whKh are held every t4¥0 years. and anoihe( one must be chosen on htslher place who must be unanimou5ty eleded by Ihe geneial body. STATEMENT OF TRUSTEES, RESPOPISIBILrnES The trustees are responsible for wepwwig Ihe Arnval Repyl arTrd finana•l Itsten￿t$ in acco￿￿ce with app￿a￿e Law and regUbt￿$. The law applicable lo i*artlie5 in EngkaThJ & Wales requ¥es the truslees Io Fyepare fina￿a81 slatemenls for each financial yéar in accordancè wilh Uniied Kingdom Gèneralty PLcepted Accounting Practice (Unrted Kingdom Accountiro Standards and applirAble lawl. The trustees musl not approve Ihe finawal stalemenis unless they are saiisfied that they give a true and fair v￿W of the state ol affairs of the c*afrty ar¥J of the IncotTing resources and <¥*plicabon ol resources. IncludirrtJ the income and expeThJrture. ofthe charity krf that penod. In prepwing these finar￿la1 stalements. Ihe Iruslees •e required to.. al ￿lIable attounlm9 pts1￿$ and app￿ thèm cortsisteniiy. bl obseNe the methods and printsp￿ IA the Ch¥trs SORP". I make judwents ar￿nting estwn*es lh* * re*son¥bk arKI prudent". dl slate whether aFPlUb￿ UK Accounw Slandards have been Idlch%*d. subpd to any matenal depa￿re5 dk%dosed and expL4ined in the fw)anoal slatements. el prepare the finanoal st•temerf$ gwg c¥n¢ern b•sts unts$ rt is In•pp¥orrfi￿t 10 Fwesume thai ihe charity ill continue lo operate The trU￿eeS are responsib￿ lor keeping suff￿en1 accoLmling re￿dS thai dssclose with reasonable acojracy ai any time the finanoal po$rt￿n of the chaTty and enable them lo enswe that hnantsal statett*nts ccmpty wilh Ihe Chantie$ A 2011. the Charity (Accounts an(J Reports) Regulations 2(M)8 and the provi5K•n5 of the trust Oee(l They are also iesponsible for Safeguarding Ihe a55ets of the d￿rity and herKY fof taking iea50nable Steps for the Pfevention and dètection of fraud and Olher Mra9ulari￿$_ In so far 05 the trustees are awwe.. Ihere 15 no releTrrdnl audrt infowmatton of whth the charity5 auditor is unawaTe'. and Ihè trustÈès have taken aK steps that they 0￿h1 to have taken lo make Iherr6el¥es awa￿ of any ielevant aud inffiymation and to estatlish that the a￿jitOr 15 avare of that infcfjmatr"on. The Iru51ees' are responsib* lor the maintenance and integrity of the chafty arKI finanaal information induded on the chairty's websiie. Legsslaiion in the United Kingdom 9overrwng the preparalK*) aThJ dkssemination of finanaal s￿teMentS mty thffer from reg￿￿110￿ in Otherjurisdi￿￿nS. Ref¢r*n￿ •nd Admini¥trativ• Detsils Trustees Mr Surindec Jass Mr Jaswinder Kundi Mr Kulwanl Bansal Mr Dalip Sambhi Mr Tarlochan Bhts3al {app￿rt￿ 07104r2Ir24 Charlty Number 282510 Accountsnt S Sagoo BSC. Msc. F.C.A Sagoo 8 Co. Chartered Accountants 63 The Gro¥e LMrJon W5 5LL PaLY Raffl9•rtrta Slkh A*saelallon Tntslees. R•port (continued) ForTh• Yw EnJ•d 31 D•c4mb•r 2024 Audltorn The Ccrfporale Pradtt Lln*ed Charter80 ACr￿u￿an11 Slatulory 65 Dekqrrwe Road Hayes Middbesex UB4 ONN Th• 1nMt•￿, report was 4WT¢Mid ty the board rAInMt￿l ￿ swd ￿ it• bwty: Doly Samthi Tru61ee 2911tW2026 Ramgarhia Sikh As5￿13110n InO•pgnd•nt Audrtofs Report to th• Trust￿8 of Ramgarhia Sikh A¥¥ociotion F¢x The Year Ended 31 December 2024 Opinion We have audited the finanual slatements ol Ramgarhia Sikh Association the'chairty" forthe yearended 31 December 2024 which comprise Stalerrthi ol Financ41 Activrt*s. Statement ol Fffianoal Posthon, Staten*nt of Cash Flows and notes lo the linancral statements. includthg a summary of smjnificant accounting Foh"c*s. The finanryal reportmg IramewcKk thal has been appl￿d in Iheir preparation is applKat4e law and Unled Kingdom Atcounb"rrfJ standar￿. including Financial Reportin9 SlaThYard 102 fbe Financjal Roportjng StaTrlard applcal)le in the UK and Repubfic of Ireland (Unled K¥hgdom Generalty Accepted Accounling Pracbcel In our opin￿)n. Ihe fmancial st8lerr£nls'. sive a true and lajr wew ol ihe siaie oflhe Ch￿'ty'S affaw5 as at 31 D¢¢embei 2024 and of rfs incommg resowces and application ol resources for the year ihen ended. have been Pfopeity prepared tn accordarfe ￿1h United Kiwm Genefaty Acc8pted Accountlng PractK8.' and have been piepared occoidance w*h ihe requ¥ements of Ihe Chaiil*s Aci 2011. Basis for opinion conducled our audit N) aceordanee Ihiemaiion81 Standards on Auditing IUKI IISAS IUKII and appPtablt law Our responsibilities under Ihose standards are lurther descnbed In Ihe Audilor's responsibilili8s loi Ihe audit of Ihe Iinancial statemenls sethic￿ ol our report. We are independent of Ihe charity in accordance with Ihe elhul requirements Ihal are re￿vant to our avthl of the financial statements In the UK. nduding the FRC'S Elhul Slandard. and we have fulfilled aur other eth￿81 responsilylibcs In gccordance with these ￿qweTh*nts We believe Ihth Ihe auort evKlerKe we have obtained is suifi¢ient and appfopriaie to pro¥id• • basts for opinion Other M*tter• The financkql 51alernents include CLJnyaralNe mllxrna1rf￿ lor the ye¥ eniled 31 December 2023 We were nol apptynled a5 auditors ol the charity until 21 October 2025, and ￿COld1r4Jty. we did rKJt avtht Ihe Ilnancwl statements ol the prlor penod As such, Ihe opentng balances 83 81 01 January 2024 are unaudited ￿ have. however. Obta￿ed suHrienl appropnale audlt evidence to satisty oursefves th81 openirg nol contain rni551alerrent5 Ihat malerlplty 81fect the ¢urrenl period's financial 51aten*nts Con¢luslon* relatlng to 9olng conc•m In audrting the Iinancial statements. we have concluded that the trustees. of the golng concern basts of ￿lUnlIng the preparaiK¥) ol th6 financ￿1 staiements is apwopriai• 80sed on Ihe work we have perlormed. we ttave not Ideniffied any malerial ￿￿ertaInb.eS relating lo even15 or condrtion6 thai. individualty or coHedively. may casl significanl ¢S)ubl L)n the charily s ability to continue as a gO￿g Concern lor a period of •t le8s1 tsvelve mwths from when the finarKtal state￿￿t$ are aultyx￿1 for tssue. Our responsibil'ties and the ￿$￿)nSibl1rt￿ ol t￿ Iwstees vAth lo gc¥ng c￿Cern are descrlbed In the ￿levant seciKJn$ or t￿$ ieport. Othèr Infomiatlon The other Informathjn comprtses Ihe Infrymgtlon inclu¢Jed annual rep)rt other Ih8n Ihe Iinandal slaterr￿lS ond our audilors report thereon. The trustees are responsible fof the other Inlormalion conlained within the annual Feport. Our opinion on the fin8noal statemenis d¢xs Tr)1 covef the other informaiion and. except lo Ihe exltnl olherw¢se eX￿1clI￿ slated in our report, we do noi express any form of assurance conclusKJn Ihereon Our respon￿bil￿ Is lo read the olher Inloimalion and. in doing so. consider whether Ihe olher Informalion Is Malw￿lty Inconsi$lenl wlh the financol slatemenls or our knowledge obtained in Iho course of the audit ￿ olhervAse appears to be ma(enalty misstated If we idenlrfy such matenal InCor￿lSte￿oe3 or 9ppa￿nI rnalerial mi$5taternents. we are reqvired to determine ￿ethe* this ￿Ve5 nse to 8 malen81 m5sststemeni in the finanaal statements Ihemsefves. Ir. based on Ihe work we have perforrred, we conclude th31 there 15 a material misslalement ol this other mlormalh)n, are required to report Ihal l*. We hav? nothing to rewrt m thi8 regard Ramgarhia Sikh A550clation Ind¢pend¢nt Audito￿$ Report io the Trustees ol Ramgathia Slkh Assoclatlon For Th¢ Y*af End￿ 31 Dècem￿1 2024 Mattors on which wg required to report by exception We have nothing io fep(xl fft resped of the folk)wmg matters ￿ rebllon lo which Ihe ch￿1￿ IAcDxJnts and Reports) Re9ul8i￿￿s 2008 rèquire us 10 ieport lo ￿ if In our o￿n￿)ft= the Snlormalion oNen in the INslees' rewl ts ￿￿on$￿tent m any malenal respect wrth the finanoal slalements." or suffi¢iéni a¢¢ouniing réttjrds have not been kepi. or the f￿anCIal slaierr*nis are not w) a9feemeni wnlh Ihe accryJnbn9 recLvds and retums.. or we have not recewed all Ihe lnfr*mwl￿)n arml explanalions %Ye requwe lor ow audit. Respon¥lbilitle8 ol trustees As explained more lulty in the iruslees- responsitjilib'es Ststsrr*ni. Ihe Iruslees are responsible for ihe preparation of the financial stsiemenis and lof beN)g sabsfied Ihai they givè a irue and fair view. and for such internal control as ihe Irusieès del¢rMI￿ 15 nece¥$ary to *nabl¢ the p￿paRbon ol finartwl statem*nt$ that •¢ from material msstaiemenl. whether due to fr￿￿ or error In pieparir¥J Ihe finanrJ•l siaiernenls. Ihe Irustees are responsible for asseswg Ihe tharty'$ ablty lo continue 85 a going oncern. dLscb¥tng, as apPl￿ble. matlerJ related Io goir4J concem and using Ihe gc*ng concern ba515 of accounting unle55 the Irusiees tilhtr iniend to I￿uldate the charily ¢( lo cease operalKJns. or have no reakn.sl￿ allernalivè but lo do so. Auditorf• responsibilitses lor th• audit ol Ihe financial ststements We have been appointed as 8￿j110r under seCt￿n 144 01 Ihe Chaiilies Act 2011 aThJ ￿ptyt in *cordance wth Ihe Acl and rel&¥ant regulations made or having elleth thereunder Our obieclivès ¥è io oblain r88sonablè asgJfan¢e about wheihtr ihe finanC￿F siai•menis as a W￿1• arè frèè from maierial misslatemenl. whether due lo fravd or error. •)d 10 I5$￿ an audilor's report thal indudes our opinion. Reasonable as$uran¢e B a high bvel of assurance. bul Is n¢X 8 9uaraniee ihat an audil ¢onducied ￿ ac¢ordan¢e with ISAS IUKI will sp￿ayS detect a mateiial missiatemeni when Il ex￿ts. Mlssiaiemenis can anse from liaud or erlor aThJ ale considered malerial Il. Individually or in the aggregate, they co￿¢) rtawaw be expe¢tea to influen¢e the economr de¢ssK>ns ol users taken cffl the baw• of these fir￿￿01 glatemenls. The exlent to whiL* our prowlures ar8 ￿pable ol dei•¢lirg Irregu*frt*8. in￿ding fra￿j 1$ detthled bdow.. Non-compliance wrttt saws antJ rPgulat￿n$ • EnqvHy of management and those charged %4ryih govein8ncè around adual and potentlal 1rtytl￿ d¥lm8. • Reviewing minuies ol meetings ol Ihost chaiged wlh govemarte. • Reviewing Ilnancial slateff￿1 ¢Jis¢losures atsj I•siin91o $upprAlin9 d￿r￿n1•tV)ft lo •ues$ cgJmpl*n¢e wilh Jpplicable laws an¢J regukitions. Management override ol ¢ontr¢) • Auditing Ihe risk of managernent overThle of conlrols. wluding through lesting ioumal entne5 and other adjuslments for appropriateness, and evalualin9 Ihe buswies5 rati¢)naltt ol %9nifunt transactlOFts oUts￿e Ihe n¢Thal course ol busine55. A further descriplion ol ow resK*)nsibilii*S * locate￿ amounl ol cash wrth insigniftant risk ol Change in vakne. and bank ovefdfafts 2.8 Nnanclal Instruments The charity has elecied 10 appty the wowi8￿S of Section 11 'BaS￿ Fin￿al Instrumenls. and Section 12.oihw FInanc￿l Inslrvments Issues. of FRS 102 lo al ol rts fffianc4al inslnxnenls. Financial Insiwmenis are reccgnlsed kn the chan"Vs bakrKe sheet when the charty tecomes paifv lo the conlraclu81 pr0¥15ions of the instrufflenl_ Finanaal asset5 and liab11rt￿ are offset. wrttt the net amounts p￿ented in Ihe fmanoal slatements. ￿eTr there ts a l&galty enforceable ri9ht to set oll Ihe iecognised any)unts and there is an ￿ten110n to seiiie on a nei basis oc 10 realis& the asset and $enh ihe Iwbillty slmuAaneou$ Baslc Ilnanclal agsets 805ic f1narKial assets. which irKknle deblors aThJ cath a￿1 b￿k tsa￿￿￿s. are n*awred al ITansactK>n PfKe inclucling Iransaction costs and are subsequenlty camed al amortised cosi using the elleclive Inieresl rnetho¢J unless the arrangen￿nI conslilules a financjng transact*￿. ¥¥here the transact￿n is measured al the present value ol the future receip15 di%￿vnIed at a market rale of mtere51 Finanrjal assets c4B$5bf*d a5 r￿Nab￿ wthin one year are not amortised. Ba•ic fin•n¢lal Ilabilill•¥ Basic financK41 Iiabllrt￿s. Indudln9 Creart￿ and bank Wis are Mb1￿1￿ recognlsed 81 trans￿l￿)n unless the atyaryement consiilutes a finanong Iran$action. wher¢ Ihe debt lns1wm￿l 15 measured at Ihe present value of the futu payments discounted al a market rale of Intefesl Financial IK*drties classrf*O as payaNe Wrth￿ one year afe not arrnrtised Debl tnjtruments are SUb￿quent￿ carr*d at amortued c05t. us¥wJ the ellectNe intere$t rate ffelho(l. Trade credrtors we obl1ga￿Qns to pay lor or seNice$ Ihai have be￿ acquwed in ihe old￿￿ry eowsè ol operalions from suppl*rs. Amounts payablè are d¥s$thed as Currenl Ikqt)Arties rf paywent is due wrthin one year Of less. If noi. they are presenled as non-current Iiabilil*S. Trade ¢redrtor$ ¥• recognt5td Initiaty ai Iran$a¢itfi pry 8nd 8ub$equenily m•4sur•d ai amortised cost U5Ing th¢ effe¢tNe intere51 rnethod. Oorecognltlon ol flnanclal Ilabllltl Financial liabiliiies are derecognised when lh• chairty'$ eontra¢lual Ob￿￿$ ¢xpire 01 ¥• digch8rged or ¢An¢elled. 3. Ineom• from Oon#lion¥ ¥nd ￿91¢1¥¥ 2024 2023 Unrestrlcted Unrestrlcted fund¥ fund$ Donalj'ons a￿1 gi115 G¢ft ah1 tax reclairnable 615,5C6 53,780 595.511 14.000 689.286 609.511 P4wII Ram9arhla Slkh Assoclation Notes to the Finan¢ial Slatements Icontirtuedl ForThe Year Ended 31 De¢ember 2024 4. InV￿lM￿nI Income 2024 2023 Unrestricted un￿￿111¢ttd funds funds Bank irderest and loyaty award Rent5 received Irorn investmenl w¢perties 1.421 108.027 222 108.549 109.448 108.771 5. Nei In¢omellExpendlturel The nel *n4>)me 1$ stated after chargiiW{uedilingl'. 2024 2023 Oeprecial*)n of i#r*Jible fixed assets . cwned 12.397 6. Analysls of Expgndltur• 2024 Activities Support undertaken costs dlr¢ctly {$ee note 81 T¢)tsl Raising fund$ 130.016 129.609 259.625 2023 Activities Support undÈrtakèn ¢osts dir¢ctly (See noie 81 Totsl Raistng bjnds 123.365 113.142 236.507 7. Direct Cost5 2024 2023 Dlrt¢t tost Dlrèet Cost Langar sp8TrJ Premise5 expense Reli9ous cost 48.958 64.412 16.646 46.622 67.276 9.467 130.016 123,365 Ram9arhla Slkh A$grtlatk>n Notes to the Financial Stst¥ments leontinued) For The Year Ended 31 December 2024 8. Support C08ts 2024 2023 Suppon Support Employee costs General administr¥tiDn Depreciat￿n Govern¥￿ ¢o¥l¥ Audit fees 8#nk Interejt S2.239 2.750 12.397 3.000 6.000 S3.223 4?.6?3 10.197 5.722 1SOO 53100 129.609 113.142 9. Audilorfs RwnunerJtion 2024 2023 A￿rt ol the ch￿ty.3 fina￿￿al 51aternents 6.CM)O 6,000 10. Ind•pèndoni Examln•¢* R•munèr•Von 2024 2023 Independent eyaminaiion ol finar￿la1 slatements 3,fyJO 3,000 11. Staff Costs Stsff costs were a$ ftmkiws: 2024 2023 Wag¢s an¢$ S*a￿S Other p¢y)sw)n ￿$ts 49.880 2.3S9 40.732 1.891 52.239 42.823 12. A￿rage Number of Employees Average number of empbyees during the year was 212023. 2) l*c 13 Ramgarhla Sikh As$oclatt¢n Not•s to th• Yinancial Stat9m•nti Icontinugdl For The Year Ended 31 December 2024 13. Tan9lbl• Ass•ts Land & 8ulldlngg Fwhold Plant & Machinory Total Co AJ at 1 JpnuJry 2024 Transfers 4.￿7.713 {3.278.4161 109, 121 4, 176,834 {3.278,416 1 A$ at 31 December 2024 789.297 109, 121 8fjZ,418 pr•ci•¢ion As at 1 January 2024 Pro¥￿ed dunng the pefK¢J 76,695 4.864 76.695 12.397 7.533 As at 31 December 2024 7,533 81,559 89.092 N•t Book Valu As ai 31 December 2024 781,764 27,5fj2 09.326 As al 1 ￿Uary 2024 4.C67.713 32,426 4.100.139 Certain Ireehold land and buildiNJs ¢nduded above %s*re recoynffjed using a previou5 hi5101ic o)51 valuation as deemed cost on tran$rt￿n to the ¢hant*s SORP IFRS 1021. The Main Gurdwara Buildin9s have a nel book value 01 £781,764 as al 31 Dac8mber 202412023 £4,067,713). Induded wilhln freehold land and buildin9$ were re$thntial propert*$ Ihal gerwale renial irKome. These properties we subjec¢ to a Iru5tees valuallon dated 31 December 2024. resulting in an ￿￿￿1 in ¥akte ol E61,584 Folbwing this valuaiion, these Propert￿ have been ￿Class￿le￿ as inve$tff*nt wopeflies In accoidarKe with FRS 102 Section 18. and ortr now dv4cknsed separatety in Nole 14 14. InvMtm¥nt Prop•rty 2024 Falr Valu• As al 1 J8nu•ry 2024 Tfan51er5 RevaknaiK)n 3,278.416 61.S84 As al 31 Decemter 2024 3,340.000 15. ￿blOrd 2024 2023 Due within ong ygor Other debtors 88.420 41,864 Ramgarhla Sikh Associatlon Not•s to th¢ Finantlal Slatemenis Icontinuodl For The Year Ended 31 D￿rnber 2024 16. Cyedltors: AmoLMts Falllng Dug Within Ort* Year 2024 2023 Bank bans and o¥erdrafts Other credftors AccruaL8 and deferred incor 61.419 6000 12,636 57.083 13.700 4.214 80,055 74 997 17. Credltorn: Amounts Falllng C￿• Ait•r Mor* Than On• Y•ar 2024 2023 Bank loans 605.955 671.114 18. Loan• An bnatysts ol the maturity ol loans is gNen beh)w 2024 2023 Amounts laling due wilhin year c¥ on ￿eM￿d." Bank loans 61.419 57.084 2024 2023 Amounis falling due betrrten one and fNe yews.. Bonk I￿n$ 605,955 671.114 The bank b)rrthwngs are secufed by a charge c*) Ihe 1weslrr￿1 Wopert￿l 19. Pon8lon Commltm•ni• The charity owraies a defimd ¢ontrfbution Fens*)n scheme The agsets ol th8 5d￿rne are held sep8ralely from Ih05e ol th¢ charity in an ￿dependent￿ admThslered fund. Durm9 Ihe year the charge to the statement ol finhncial activit￿$ In respect of defined contr¢bubon 3thme$ was £Z.35912023.' £1.891). 20. Movement In Funds As•t1 January 2024 A•at31 Galn and D•cember Lo$$e$ 2024 Income Exwndltur• Unrostrlctgd fimd• General. Gènèral unr•str¢ted fund 4.834.9&3 778.734 1259.6251 61.584 5.415.659 Total fund* 4.834.968 778.734 1259.6251 81.584 5.415.659 Asat1 January 2023 Asai31 Docombor 2023 Gain anij Lossès Incom• Exs)ondltur• Unr•s¢rfct•d lund6 General". Gtneral unre5trrted fund 4.351.784 719.689 1236.507) 4.834.966 Total lund¥ 4.351.784 719.689 1236.S07) 4.834.986 l*c 15 Ramgarh5a S(kh As$ociation Notes to th¢ Financial Statsments (continued For The Year Ended 31 Oecemb•r 2024 21. Trnnsactlons wlth Trustees During Ihe year the expenses feMb￿Sed to the trustees (tre(aty io Ih¥d panies were nil (2023- Nifi 22. Relateij Party Disclosures Kèy management personnel lin¢bJing directors) received corr0ensat￿ of r Entltles wlth control, lolnt control or significJnt infiuvnc¢ overthe entity No Entitle$ overwNeh the entity has Control. lolnt ¢on¢rol or 8lgnrfkanl Infiu¢ne• None Key management personnel of the entity or its {in the aggregate) TTuslees EntlUes that wovlde key management Pe￿nnel $ep47i¢•S to th• entlty None Other related parties None 23. Previou5 yeai Iyure have t*en rnutedl redasgfhyj rtecess￿. Page 16