# **SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM Charity No: 287416**
**TRUSTEES ANNUAL REPORT AND RECEIPTS**
**AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
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## **Reference and Administrative Information**
|Charity Name:|Shree Vishwakarma Association of United Kingdom|
|---|---|
|Charity Registration Number:|287416|
|Communication Address|The Function Room|
||543-545 Kingsbury Road|
||London|
||NW9 9EL|
|Board of Holding Trustees|Mr Linay Khambhaita|
||Mr Dharmesh Patadia|
||Mr Dilip Gajjar|
||Mr Lalji Dudhia|
|Principal Office-bearers||
|President|Miss Jayna Vadgama|
|Secretary|Mr Paarik Bharadia|
|Holding Treasurer|Mr Amit Ambasna|
|Independent Examiner|ARKCO Accountants Ltd|
||Chartered Certified Accountants|
||9 Manor Road|
||London|
||N22 8YJ|
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## **Trustees’ Annual Report Year ended 31 December 2024**
## **Governance, Management & Structure**
## **Governing Document**
Shree Vishwakarma Association of UK was registered as a charity with the Charity Commission on 18 July 1983 under charity number 287416. It is governed by its constitution document adopted 26 June 1983 and subsequent amendments. It operates in London.
## **Recruitment and Appointment of Trustees**
In selecting the Trustees, the Association seeks to identify people who have got special skills and or are willing to dedicate their precious time for the benefit of the community. There is no formal training given to the new Trustees but ample guidance and support is provided. The office bearers and committee members are elected at the Annual General Meeting by a simple majority and hold office for a term of three consecutive years and thereafter are subject to re-election. They are supported by a board of holding trustees comprising of up to four holding trustees who are also elected at the Annual General Meeting. The Board of Holding Trustees are there to guide, support and provide their experience to the Trustees and resolve any disputes, if any. All Trustees give their time voluntary and received no remuneration or other benefits.
## **Organisational Structure**
The charity is managed by an elected executive committee, comprising the three principal office bearers and four committee members. The executive committee manage all day-to-day matters together with leading events and activities for the charity. The executive committee and trustees meet together as a body monthly, and are responsible for all decisions taken in relation to running and managing the activities provided by the charity.
There is also a formal board of holding trustees who have previously served the association to provide guidance and support to the executive committee. The UK Charity Commission recognises all executive committee members and the formal board of holding trustees as trustees in the eyes of UK charity law.
Annual budgets and event budgets are prepared. After every event, the Treasurer will present a report explaining the variance between the budget and actual event costs. The Charity is open to the usual financial risks of any organisation and has introduced controls to minimise these risks, such as two signatures being required for payments from bank account. In addition, the accounts are regularly explained to members of the Charity and are open for member's inspection at any time. The Charity is satisfied that systems are in place to mitigate exposure to the major risks which have been so identified and reviewed.
Where necessary sub-committees are formed to provide targeted resources to an activity or event. Currently there is an events sub-committee to organise the majority of events and activities, who will undertake budgeting, planning and organising of events and report to the executive committee. The previously formed building committee has been disbanded and will be reviewed should the opportunity arise in future to purchase a centre for the charity or an investment property.
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## **Objectives and activities**
The preservation of Hindu cultural values and knowledge within the Suthar community and wider communities as well as supporting other charitable causes. The aim is to bring all the members of the Hindu Community together in a humble and peaceful environment so as to promote the values of co-existence without the need for total integration or assimilation and to have respect for Hindu heritage. In setting out the objectives and planning the activities, the Trustees' have given careful consideration to complying with the duty in section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission.
With public benefit in mind the Charity provides appropriate communal facilities for recreational, social, education and cultural activities as well as meetings, so as to further the welfare within the association.
## **Achievements and Performance**
During the year the charity undertook some key events such as Vishwakarma Jayanti, Hanuman Jayanti, Navratri and Diwali. All these events were cultural events that enhanced the views and beliefs of our youths and the elderly members of our community and also teaches the value of togetherness and harmony within the community and at large. At these events, sermons were sang out and educational talks were held for the benefit of the community members.
## **Financial Review**
The charity's cash at bank balance as at 31 December 2024 stood at £157,433 (2023: £152,977). The net increase in cash during the year was £4,456.
## **Reserves Policy**
Unrestricted Funds are required:
a) To provide funds which can be designated to specific projects at short notice; b) To cover fluctuations in income and unplanned expenditure.
The Trustees consider it prudent that unrestricted reserves should be sufficient: a) To avoid the necessity of realising fixed assets held for the Charity's use; b) To cover one year's direct charitable expenditure. As at 31st December 2024, unrestricted funds stood at £88,982 (2023: £24,853). The level of reserves is monitored and reviewed by the Trustees once a year.
The Charity also held £68,451 (2023: £128,124) of restricted funds which have been provided for the purposes specified in Note 2.
Approved by the Trustees and signed on their behalf,
**...............................................**
**Jayna Vadgama President**
**...............................................**
**Amit Ambasna Holding Treasurer**
## 23/9/2025 **Date …………………………..**
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**----- Start of picture text -----**
Shree Vishwakarma Association of United Kingdom 287416
Receipts and payments accounts
For the period
from 1/1/2024 To 31/12/2024 CC16a
Section A Receipts and payments
Unrestricted Restricted
funds funds Endowment funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
General donations 19,607 - - 19,607 8,003
Gift aid receipt 3,096 - - 3,096 -
Aarti collections 1,265 - - 1,265 995
Raffle collections 470 - - 470 1,275
Membership income 4,830 - - 4,830 3,040
Gate collections 38,700 - - 38,700 10,150
Yoga Class fees - - - - 273
Other events and shows - - - - -
Sundry income 50 - - 50 64
Table Tennis fees - - - - 75
Sponsorship income 11,381 - - 11,381 110
Contribution income 591 - - 591 4,266
Sub total (Gross income for
AR) 79,989 - - 79,989 28,251
A2 Asset and investment
sales,
Flat rental income 9,600 - 9,600 9,600
Function Hall Donations 3,116 - 3,116 4,339
Function Hall Hire income 9,356 - 9,356 19,950
Function Hall Refundable deposits - - - - 1,200
Interest Income 612 1,132 - 1,744 1,299
Misc. income - - - -
Property donations - - -
Sub total 612 23,204 - 23,816 36,389
Total receipts 80,601 23,204 - 103,805 64,640
A3 Payments
Hall hire & security 18,089 - - 18,089 8,715
Food and refreshments 15,535 - - 15,535 8,374
Gift, raffle and trophy 1,247 - - 1,247 889
Printing, postage & stationery 1,176 - - 1,176 1,193
Insurance 792 - - 792 904
Donations given 101 - - 101 -
Music band and entertainment 12,073 - - 12,073 9,920
Promotions and discounts 233 - - 233 -
Website & IT Software costs 663 - - 663 343
Decorations and banners 501 - - 501 560
Paypal / Event charges 3,025 - - 3,025 739
Yoga trainer costs - - - - 613
Repairs - - - - -
Sundry Expenses 2,127 - - 2,127 241
Membership software and card costs 300 - - 300 540
Coach Hire 2,750 2,750 -
Asset purchases 3,629 - - 3,629 -
Refundable deposits - - - - -
Sub total 62,241 - - 62,241 33,029
A4 Asset and investment
YHC Flat expenses 2,185 - 2,185 1,771
Function Hall - Asset purchase 5,998 - 5,998 1,792
Function Hall - Caretaker 1,110 - 1,110 836
Function Hall - Cleaning and hygiene 1,778 - 1,778 2,585
Function Hall - Electric and heating 4,528 - 4,528 4,049
Function Hall - Health & Safety - - - 8,848
Function Hall - Building insurance 2,111 - 2,111 -
Function Hall - Legal costs 500 - 500 - 83
Function Hall - PayPal / Zettle fees 169 - 169 315
Function Hall - Printing and stationary - - - -
Function Hall - Rates 2,595 - 2,595 2,662
Function Hall - Rent 15,000 - 15,000 15,000
Function Hall - Licence fee 295 295 -
Function Hall - Repairs and maintenance 719 - 719 2,569
Function Hall - Telephone and internet 119 - 119 118
Sub total - 37,107 - 37,107 40,463
Total payments 62,241 37,107 - 99,348 73,491
Net of receipts/(payments) 18,360 - 13,903 - 4,457 - 8,852
A5 Transfers between funds 45,769 - 45,769 - - -
A6 Cash funds last year end 24,853 128,124 - 152,977 161,829
Cash funds this year end 88,982 68,451 - 157,433 152,977
**----- End of picture text -----**
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|**Section B Statement of assets and liabilities at the end of the**
|**Section B Statement of assets and liabilities at the end of the**
|**Section B Statement of assets and liabilities at the end of the**
|**period**||
|---|---|---|---|---|
|**Categories**
Signed by one or two trustees on
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**|**Unrestricted funds**
**to nearest £**|**Restricted**
**to nearest £**|**Endowment**
**to nearest £**|
||Cash at bank and in hand|**88,982**
**-**
**-**|**68,451**
**-**
**-**|**-**
**-**
**-**|
||**Details**
**Details**
Investment Property
Function Hall rent deposit
**Signature**
**Details**
**_Total cash funds_**
( g
p
p y
account(s))
**Details**|**88,982**|**68,451**|**-**|
|||OK|OK|OK|
|||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**(optional)**
**-**
**-**
**-**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**When due**
**Date of**
23/9/25
23/9/25|
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## **Shree Vishwakarma Association of United Kingdom**
## **Notes to the Accounts**
## **1. Trustee Remuneration and Related Party Transactions**
During the year, £2,145 was paid to trustee JayKishan Vaja for music services provided to the charity. The payment was made under the statutory power in section 185 of the Charities Act 2011, in accordance with Charity Commission guidance CC11. The arrangement was properly authorised by the other trustees, with a written agreement in place and safeguards to manage any conflict of interest.
No other trustee received any remuneration or expenses during the year.
## **2. Purposes of funds**
## Purposes of Restricted Funds
"Centre for Art and Recreation for All " (CARE 4 ALL)
This fund, which commenced on 15th August 1989, is specifically set-up to accumulate funds to acquire a Community Centre, a place where the Association's activities can be held. All income designated for this fund is credited to the fund. In the year 2021, the Charity signed a 10 year rental lease agreement for the Function Hall.
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Independent Examiner's Report to the Trustees of Shree Vishwakarma Association of
United KiDgdom-Charity Number 287416.
I report to the trustees on my examination of thc a¢¢ount5 of th¢ above charity {" the mist"} for the yeaT ended 31
December 2024 set out OD pag¢s 2 to 7.
Responsibilities basis of report
As th¢ charity trustecs of the Trust. you are responsible for ihe prcparation of th¢ accounts in accordance with the
requirements of tl)e Charities A¢1 2011 I"Ih¢ Act"). I report in respect of my examination of ihe Trusi's accounts
carried out under section 145 of the 2011 Act and in Larrying out my exainination. I have followed the applicable
Directions given by the Charity Commissi(Trn under section 145{5)(bl of the Act.
Independent exAJniller'5 Statement
I have completed my examination. I confinn that no material matiers have come to my attention in ¢onnKtion
with the examinaiion which gives me cause to believe tliat in, arly mat¢rial respect..
accounting records were not kept in aecordance with section 130 of the Chariti¢s Act. or
th¢ atrounts do not accord with the accounting TordS.
I have no concerns and have com¢ across no other matters in connection wilh ihe examination to which attenlion
should be drawn iii order to enable a proper understanding of th¢ a¢counts to be reached.
Name.. Mr Kirtikumar Haria
Member of .. ACCA
Address.. 9 Manor Road, LA)
Date
on. N22 8YJ
19FI c)caL_ 2025