## **Vanza Mandal** ## **Trustees Report and Accounts** ## **31st December 2024** **Registered Charity No. 286623** ## **VANZA MANDAL** |**INDEX**|| |---|---| |**CONTENTS**|| |**Officers and Advisors**|**3**| ||**4**| |**Independent Examiners report**|**5**| |**Statement of Financial Activities**|**6**| |**Balance Sheet**|**7**| |**Notes Forming part of the Financial Statements**|**8-10**| |**The following pages do not from part of the Statutory**|**Accounts**| |**Detailed Income and Expenditure account**|**11**| **Page 2 of 11** ## **VANZA MANDAL Officers and advisers** **TRUSTEES** Mrs Bhartiben Makwana Mr Mahendra Maganlal M- appt 15/02/2025 Mr Alkesh Virji - appt 15/03/2025 Mr Gitesh Samji - appt 15/02/2025, resigned 05/08/2025 Mr. Vinod Jivan Bhundia - resigned January 2025 Mr Pradip Dharamshi Sola- resigned January 2025 ## **MANAGING COMMITTEE** **President Vice President Secretary Acting Assistant Secretary Treasurer Assistant Treasurer Acting Treasurer Acting Assistant Treasurer** Mr Paresh M Makwana Mrs Rupa Y Virji Mrs Sunita G Samji Mrs Bhavini P Makwana Mr Hasu Kam- appt 28/03/2025 Mr Rasik P C- appt 28/03/2025 Mrs. Jyoti N - resigned 28/03/2025 Mr Mitesh P - resigned January 2025 **Committee Members** Mr Bharat G Makwana Mrs Shobnaben H Pithiya Mrs Sudhaben N Pithia Mrs Hansaben R Solanki Mrs Ansuya Virji Mr Harshadtrai Chavda **REGISTERED OFFICE** P O Box 1593 Ilford Essex IG4 5GU **REGISTERED CHARITY NUMBER** 286623 **PRINCIPAL BANKER** Barclays Bank Plc The Newham Group 737 Barking Road London E13 9PL **INDEPENDENT EXAMINER** Kishorbhai Mathur Sonigra Burnells Chartered Certified Accountants First Floor, Top-op House 5 Garland Road Stanmore Middlesex HA7 1NR **Page 3 of 11** ## **VANZA MANDAL** ## **Management Committee and Trustees report** The Management Committee and Trustees present their annual report with the financial statement for the year ending 31[st] December 2024. The Management committee and Trustees' have adopted the provisions of the Statement of recommended Practice (SORP) "accounting and reporting by Charities" issued in October 2000 in preparing the annual report and financial statement of the charity. ## **Principle objectives** The principal objectives of the Mandal were the advancement of religion and religious education, and the relief of poverty. In furtherance of these objects the Mandal shall have power to hire, rent, lease or otherwise acquire land or building. ## **Management Committee** Constitution, the management of the Charity is vested in the Managing Committee. ## **Financial position** The Statement of Financial Activities shows net Income for the year of £5,092.23 and our reserves stand at £141,117.93 ## **Risk Management** The Management committee and the trustee actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels combined with an annual review of the controls over the financial systems, will provide sufficient resources in the event of adverse conditions. The management committee and trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks. ## **Trustee's responsibilities** activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees should follow best practice and: -select suitable accounting policies and apply them consistently; - -make judgments and estimates that are reasonable and prudent; - -follow the recommendation of the Charity Commission and applicable accounting standards, 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 to meet its objectives. 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 the financial statement comply with the Charities Act 1993. 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. ## **Independent Examiner** The Independent Examiner Burnells have indicated their willingness for reappointment. ## **Approval** This report was approved by the management committee and trustees and signed on their behalf. **Page 4 of 11** Audi￿)￿ RepDrt VAN7A MANDAL Xqxhbt*r*d Ch*rtsy P4•.. 3•161J INDV.PF.NDF.pir EXAMINER'S REPORT TO THE TRusfEFS OF VANZA MANDAL YEAR ENDED31 DECEMBER 2024 W¢ vf V•nu th¢ )Tw+xthJ 31 D4wntw 2024 1¢¢ (Art rn p¥e$ 6 * 11. *udii l* nLrt requtrtd for thi• Jvr {wM1ry 43(21 ofthE Cknitiel Acl 1993 {thp Ad) 4zKI In li i• ow rn4Y)Miblllty w: cxaminp thE {undvr xaion 4JI3M•l ofthB Aa lion 43(71 (bl gf th• A•th' • •( iNd¢p¢nd¢AI rlporl An txamimiion Includes a th¢ Ttconls by the chan.ly and • rompAriSon of ihc ¢Kn￿ with ￿¢OrdS. li alw in¢lth of itrffls or diKlo%ures in the ovide all ihe ¢vld¢rt¢ thrf mwld be re4Byred in Wb do Mt ￿#111 opini( ve ntst be4n (v 12) to whi¢h. in our opinioo be kn Iqder ￿ emble • of accounts ￿ b¢ rexPA•d. Klshor I, So•l%r* FCCA BuTr•Us Fim FItX S Garland R￿d 12 2025 Mithlkw IIA7 INR hF5alll ## **Vanza Mandal** **Statement of Financial Activities For the year ended 31st December 2024** ## **SUMMARY INCOME AND EXPENDITURE ACCOUNT** |**INCOME RESOURCES**
Notes
Membership fees
**1**
Donations received
**2**
Fund raising activities
**3**
Interest received
**9**
Gift Aid
**Total Income**
**RESOURCES EXPENDED**
**Cost of generating funds**
**4**
**5**
**6**
Charitable Donation
**7**
**Total Expenditure**
**NET INCOME/LOSS FOR THE YEAR**
Net movement in funds
Total funds at 1st January 2024
Total funds at 31st December 2024
**Cost of activities in furtherance**
**of charitable objectives:-**
Running cost of cultural
and community activities
Management & Administration|**2024**
**Post Audit**
**2024**
Unrestricted
**Adjustment**
Restricted
Funds
Funds
2,215.00
-
16,872.49
12.00
-
-
5,999.82
-
25,087.31
-
12.00
-
-
17,260.31
-
2,734.77
-
-
-
19,995.08
-
-
5,092.23
-
12.00
5,092.23
-
12.00
114,008.07
-
22,005.63
119,100.30
-
22,017.63|**2024**
Total
2,215.00
16,884.49
-
5,999.82
-
25,099.31
-
17,260.31
2,734.77
-
19,995.08
5,104.23
5,104.23
136,013.70
141,117.93|Amended
**2023**
Total
2,765.00
7,148.02
513.00
5,238.63
-
15,664.65
800.00
12,049.73
3,865.71
-
16,715.44
1,050.79
-
1,050.79
-
137,052.49
136,001.70| |---|---|---|---| **Page 6 of 11** ## **Vanza Mandal Balance Sheet as at 31-12-2024** |Notes
**FIXED ASSETS**
Tangible Assets
**8**
**CURRENT ASSETS**
COIF-Building Fund
COIF-Deposit
National Savings
Cash at Bank & in Hand|Notes
**FIXED ASSETS**
Tangible Assets
**8**
**CURRENT ASSETS**
COIF-Building Fund
COIF-Deposit
National Savings
Cash at Bank & in Hand|28,230.68
102,364.75
4,892.62
3,886.84|**2024**
1,743.04
26,854.77
85,776.78
4,856.68
16,595.03|**2023**| |---|---|---|---|---| |||||1,930.44| |||||| |**NET ASSETS**
**RESERVES**
General Funds
Building Fund
Trustee:
President:
Treasurer:
Dated:
The financial s|
(unrestricted)
**10**
s ( restricted)
**11**
tatements were approved by the Management committee and Truste|139,374.89
-|139,374.89
141,117.93
#REF!
#REF!
#REF!
#REF!
Mr Mahendra Maganlal Mandalia
Mr Paresh M Makwana
Mr Hasu Kamothi|134,083.26| |||Name
Name
Name
es and signed on its behalf.||| |||||136,013.70| |||||114,008.07
22,005.63| |||||136,013.70| |||||| |||||| |||||| ||11/08/2025|||| **Page 7 of 11** **VANZA MANDAL** **Notes to the accounts** **for the year ended 31 December 2024** ## **Accounting policies** ## **Basis of Preparation:** The financial statements are prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of recommended Practice, Accounting and reporting by charities (SORP) issued in October 2000, SORP Update Bulletin 1 Issued in December 2002,applicable accounting standards. ## **Incoming Resources** Voluntary resources and donations are include in incoming resources when they are received, except when donors' conditions have not been fulfilled, then the income is deferred. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. ## **Membership Fees:** These are accounted for on cash received basis and no provision is made for any prepayment or accruals, and are non refundable. ## **Resources Expended** Resources expended are included in the statement of financial activities on an accrual basis,. Expenditure which is directly attributed to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent within the use of these resources. ## **Tangible fixed assets** Fixed assets are stated at cost or valuation less depreciation. Depreciation is charged at the following rates on a reducing balance basis so as to write off each asset over its useful life: |Musical Instruments
20% per annum.
Utensils
10% per annum.
Public Address System
10% per annum.
Photographic Equipment
20% per annum.
Chromebook
10% per annum.
**1. Membership**
General Membership
Life Membership
**2. Donations received**
GUEST Donation
AGM
|PA system
Marriage donations
Navratri
Hanuman Chalisa
Amazon
Zoom
Other miscellanous
Trip
Building Fund Donations|**2024**
1,540.00
675.00
2,215.00
**2024**
30.00
-
-
-
7,782.00
110.00
-
-
7,212.72
1,737.77
16,872.49
**2024**
12.00|**2023**
1,605.00
1,160.00
2,765.00
**2023**
145.00
55.00
50.00
50.00
4,453.07
335.00
18.95
-
641.00
1,263.00
7,011.02
**2023**
12.00| |---|---|---| **Page 8 of 11** ## **VANZA MANDAL** ## **Notes to the accounts for the year ended 31 December 2024** |**3. Fundraising activities**
Sales of raffle tickets
**4. Cost of generating funds**
Cost of raffle Prizes
**5. Running cost of activities**
General and annual Meeting
Trip
Navratri
Miscellanous asset purchase
Religious and other events
**6. Management and administration**
Printing Postage & Stationery
Picnic
Post Box Charge
Depreciation
Storage
Website cost
Insurance
Card Costs
Diner annd dance
**7. Charitable Donation**
Reglious events (Hanuman Chalisa and Janmashtami)|**2024**
-
-
**2024**
-
-
**2024**
-
1,718.83
13,550.98
315.00
1,675.50
17,260.31
-
**2024**
660.07
-
353.40
187.40
1,075.03
-
382.14
76.73
-
2,734.77
**1024**
-|**2023**
513.00
513.00
**2023**
800.00
800.00
**2023**
210.00
910.00
9,501.43
338.00
1,090.30
12,049.73
**2023**
811.00
459.47
330.00
255.00
1,583.16
-
343.52
38.56
45.00
3,865.71
**2023**
-
-| |---|---|---| **Page 9 of 11** ## **Notes to the accounts for the year ended 31 December 2024** ## **8. Tangible fixed assets** **----- Start of picture text -----**
Photogra Musical Public
Equipmenphic Instruments Utensils Address System Chromebooks Total
Opening Balance at 1.1.24 319.98 527.87 262.25 9,185.24 338.00 10,295.34
Additions - - - - -
Disposals - - - - -
Closing Balance at 31.12.24 319.98 527.87 262.25 9,185.24 338.00 10,633.34
Depreciation
Opening Balance at 1.1.24 306.55 519.63 258.76 7,246.16 371.80 8,702.90
Charge for Year 3.35 2.02 0.38 215.45 -33.80 187.40
Charge for Disposal - - - -
Closing Balance at 31.12.23 309.90 521.65 259.14 7,461.61 338.00 8,890.30
Net Book Value at 31.12.24 10.08 6.22 3.11 1,723.63 0.00 1,743.04
Net Book Value at 01.01.24 13.43 8.24 3.49 1,939.08 -33.80 1,930.44
9. Investments 2024 2023
Interest Received
COIF General Fund 4587.97 4,053.55
COIF building fund 1,375.91 1,131.44
NATIONAL Saving Account 35.94 53.64
5,999.82 5,238.63
10. Unrestricted Fund 2024 2023
Balance brought forward at 01.01.24 114,008.07 115,058.86
Surplus for the Year 5,092.23 -1,050.79
Balance carried forward at 31.12.24 119,100.30 114,008.07
11. Restricted Fund 2024 2023
Balance brought forward at 01.01.24 22,005.63 21,993.63
Building fund monies received during the Year 12.00 12.00
Balance carried forward at 31.12.24 22,017.63 22,005.63
**----- End of picture text -----**
**Page 10 of 11** ## **Vanza Mandal Detailed Income & Expenditure Accounts For the Year Ended 31-12-2024** |**Income**
**Membership Fees**
**Donations**
General & Annual Donations
Marriage Donations
Navratri
Diwali
Religious & Other functions
Guest donation
Amazon
Zoom
Coach trip and picnic
Building fund donation
**Interest Received**
COIF Building Fund
COIF General Fund
National Savings
**Gross Income**
**Direct Expense re functions**
General & Annual Donations
Coach Trip
Navratri
Miscellanous asset purchase
Religious & Other functions
Donations
**General Overhead Expense**
Printing Postage & Stationery
Rent
Post Box Charge
Depreciation
Storage
Insurance
Website Cost
Card Costs
Zoom
**Total Expenditure**
Surplus// (Loss) for the year|**2024**
2,215.00
**2024**
7,212.72
-
7,782.00
-
110.00
30.00
-
-
1,737.77
16,872.49
**2024**
1,375.91
4,587.97
35.94
5,999.82
25,087.31
**2024**
-
1,718.83
13,550.98
315.00
1,675.50
-
17,260.31
**2024**
660.07
-
353.40
187.40
1,075.03
382.14
-
76.73
-
2,734.77
19,995.08
5,092.23|**2023**
2,765.00
**2023**
525.00
50.00
4,453.07
638.00
335.00
145.00
18.95
0.00
1,484.00
12.00
7,661.02
**2023**
1,131.44
4,053.55
53.64
5,238.63
15,664.65
**2023**
-
210.00
10,301.43
338.00
2,000.30
-
12,849.73
**2023**
811.00
459.47
330.00
255.00
1,583.16
343.52
-
38.56
45.00
3,865.71
16,715.44
1,050.79
-| |---|---|---| **Page 11 of 11**