Chariiy,Tegisiraiion oynbqri 391677 Lakshmi N, £ifclyill.ia Trust Annual Repoil and Financial Siaiements for the Year Ended i l Decetnber 2024 Lakshmi INarai'An* Trust Conient.s leontinued) Reference and Administrati1¢ D¢rai1s TnJ51ce5' Report s￿leMen1 of TnLrteti' R¢spons1Thiliiies lo4 Independent Auditors, Report Statement of Financial .4ctlljljei Balance Sh¢ei 6tv Notes to the Financial Staiemen 10 Lakshmi Ni irai'ana Triist Ilf ff rence iinil plclm1nislrati￿'e Delai14 Trustees Dr RiÉ clhL?kri.slinilll V . President Ii. A Rengainannt2r Chairman Mi S I'liaya12£.%ilTlly k'ice Presideni It. S Vijav<1kurtiar . Treli surer Ir K f iV permission has been granted lo build a spacious centre lor the purpose of religious service5 and promotion of culiural, educational sernices for children, teachino niusic, bharai_ nattiyam, hinduism, conductifto vooa and meditation classes. 'Bhaoavath Geeiha" classe5, hcalih promorion services for screenino and prevenlion of coronary heart diseasc, diabeies, h)Tr)ertension and annadhanam services 10 studen15 and devoiees Idailw provision of free lunch and dinner). Page ? Lak.shmi NAI-Ai'AnA Trust Tru8lees' Report Iconlinuedl Financigl Rr.i itii. receii'cd fi-oiii trUqI'% ilropcrlies Tlit n'u%t h¢iS a licalih), bank balance of £ iin.242 a5 al 31 I2..?014 and Tlie chai'ih Coniiiiuts 10 i)r05per Iliri)Iioli di)nali()ns and Eiipport from the cotnmiinitrv. The Iru51ee5 teel thai with the SUPPOn tlie!. eci fi-om Ilicir cuniiiiiiiiilie%. bvih locall) Jnd inteTnaiionallv. is beneliljnts 10 carry oui all of its linanciLI1 position al ihe Vear end from which It is able 10 meei all loreseeable chariiable obligaiion5. Going Concern The tTusiees are moniiorinu deNelopinents relatinu 10 coronavirus regularly and are coordinalinL7 115 operational response based on iXlS1in? bu5ine55 COntinuitN' plan5. in addition 10 SU1dance frum global healih or. ani5ations. the goi"erntnent and oeneral pandemic re5POll5e best practices. The rusiees haie a reasonable e.¥pectalion Ihat the charity ha5 adequaie resources to continue in operaiional exiiience for the foreseeable future. The chari¢k' holds reasonable cash reserve5 to shelter auainst the impaci of the currenl corona&inJs pandemic. I addiiion. announcement5 bs uoN'ernmeni of various initiaiivts to 5uppon bu5in¢s5e5 to addre%s short-iertn income 5honfalls should enable rhe charitN' to continue operationally. Thui. the (Foill(F concern b3515 ha5 been adopied in preparin(r the financial staiemen15 for Ihe N'ear ended ) l De¢embei 20?4. The board of Trustees considers thai there are sufficient re5¢rves held ai Ihe i'ear-end io manatse anN foreseeable dowTrturn. The Trustee5 consider that Ihtre is a reasonable e.xpeciaiion thai L￿Sh[nI NaraNan Trll%i ILNTI has adequaie resouries to continue in operational exiiience for ihe foreseeable futur¢ ￿d, tor thi5 reason. th¢ board of Trustee5 ioniinues lo adopt the LToing concem. ba515 In preparinu the accounts. Re5er4"es polic> & risk gnalysis The cortunittee has examined Ihe charil) S Tequirernenis lor rest[￿eS in litsht Of the main risks to the chariTr. The reserve policfv 15 to hold adequate le￿.el of funds 10 enable the rru51 10 carrn OUI ils operaiions. io nieei the u8tion5 and io meets its ¢hariiable obligations. l-he aiiached financial 5tatemen15 show Ihe current rinancial obli. siaie of anair5 Of Ihe tinan¢es. thhich Ihe coniiniiTee beliei'es ale needed to meet the i¥orkin(T c8piial rtquiremeThts ot lh¢ charity and Iht committee 15 ¢1)nfident Ihal ai this level the%. would be able to continue the Curreni activiiies of the chariti in the eveni of a significant drop in funding. The ¢ommitiee ha5 ¢onduci¢d a re¥icw of the major risks 10 whi¢h Ihe ¢harity is exposed. A risk ieL715ter has been established and is upddi¢d ai leasi &tniiu311y. Ilffiere appTopriaie, 5N5tems or procediiie5 hai'e been established to rniiigate Ihe risks th¢ charity lace5. Internal Conrrol risks are mininiisid bN' the implenieniaiion of procedures for auihorisaiion ()I' all Iransaciions and projec15. Procedures are in plaie 10 ¥nsure compliance %￿lIh health and sater) of 5121'f, volunteers. Llien15 Jnd vi5110rs iu the cenlre. The>¥ procedures iirt Loniinuallj reviewed (o ensure Ihai thes, coniinue 10 meet the need5 of th¢ chariTh. P4blic benefii The rruslees confirm thai Ilie>' have coniplied wilh Ihe requireTreiiis of seLli()n 17 of Ihe Ch of shorr rraining sessions lof no more than an hour) 10 familiarise ihetn5clves ii'iih the chdritN and cvnleNi ivithin i&hich it appears. The5¢ are jointli, led b}, Ihe chairrnan and Ihe president ot the Committee and coi'er.. The obligaiion of committee menibers The main document5 w'liilh sei oui the operaiional frameworks lor the chariry. Resourcing and Ihe current fijiancial position as sel Qui iii Ihe laiest accounis Fuiure plans and objectii'es. The annual repon was approved by Ihe Irusiees of the chaiiiy on and signed on it5 behall by.. Dr Radhdkrishnan V . Presideni I'rusiee Page 4 Lak5hmi Yi arii'Mn4 Trust StAtemcnl (Jf Tru8lee$' Rcspi)n$il)ilitie.q FOR TIII:- I'I.-.IR I.- N'I)I.'1) 311)1:-(-l." 11111:-R 21121 Tlie rrusieo5 arL rcspoiisiblL foi. pi'ci?ariTl4 ilie ITii%lce5' rLporl % wlbsiie. Lebyislaiion ¥7uviniiii¥ Ihe preparation dnd di55¢minaiion of rinancial staiemenl5 mai. dilTer Irom Ic¥islaiion in othirjiirisdiciions. Approved by the rrustees of the charity on and sigyne on its b¢half by.. Dr Radhakrishnan V . President Trustee Page 5 L#kslinii Ndriii'jnii Ti-11.41 Iiiilei)ciiclciil *luilitni % Repnrt tn the Ilem her8 (bf l.xk.ghmi Ni ArAvAna -fruqt rc?R 7111:- 1 I:- IR l.-11)i:-ii.ii ni.-f'l. IIBI.'R .'024 Opinion Standards. Lvrnprisin tiiie a trLlC and fail- i'iew ol Ihc stale of Ihe Lhlirilv's atTair5 a5 ai 3 l December ?024 and of it5 incomin regoiirce% and applIc￿lI10n nt're50IITces. including It% Incume and expenditure, for the year rhen ended. Iiai'c bcen prop¢Fl% prepai'cd in ilcLordanLe with United Kingdorn Oenerally Accepted .4ccouniincF Praciice: ano hal'c bcen prepaTcd iii accordance willi Ihe requirements of Ihe Chariiies Aci 2011. Ba515 fnr opinion e conducted our audit in accordance w'ith IniemaiionaS %tandard5 on Aliditing IUKI I ISAS IUKII and applic3ble laii-. Our respoll5ibilities under those siatidards are further d¢sLribed in Ihe auditur re5pon5ibilities for the audit at. rhe financial siaretnents %eciion ol- our rcport. Il-e are Independent Dl- the chÉ2rifN In accordance with the erhical requirement5 Ihat are releiani to our audii of Ihe financial siatemenis in Ihe UK. includinL* rhe FRC. F.thical Standard. and we h tu report in Iliis regard. Page 6 Lakshnii Narai'iinA Trust Independcnl .4uditi?1-'s Rcpi)rl In Ilic li lembers of LAkshmi Ni arAvana Trust {continued) F-OR TIIE I F.- 4R F.- I"DED.11 I)I:-C'I.-IIBI:-R 2IJ24 %lallcr5 on 11 hich Vic are requircd lo i'epnrl lTri' e¥cepliDn io repoil In rL'%pccI ol. Ilie lollowing niatiers wheTe Ihe Charities (Accounts and Report) Regulaii0115 1008 requircs U5 IL) rcyoTt li) voii it.. in our opinion.. adeqiiaie ackountiiii I'ccords liave Tiot been kept. or returns adequate lor our audit have not been re¢eived trom branches not V1511ed bv u5: or Ihe linancial 5taieiiieiiis are noi in atirecmeni iiith the accountints records and retums.. or ctnain disclosuTC5 Ot tru%tce5 reTnuneTaiion 5pe¢ili¢d lath are not made-. or ¥i hai e noi reicii'cd all ilie intomation and eNplanations ise require lor our audit. Respon%ibiliiie5 of trusiee5 As explained more fvIIK' in the Sialemeni of Tru5tees' Responsibilities Isel our on patse 51. the trusiee5 are rcsponsible for the preparalTron of the financial 51atetnen15 and for beints salislied that Ihey vive a true and fair N'it￿. and for such internal conrrol as Ihe rru51e¢s deiertnine is necessary to en8ble Ihe preparation of financial statemenis thai are free irom material iiiisslatement. ￿hether due 10 fvaud OT error. In preparino the financial siaiements. Ihe rru51eeb are responsible for asses5ints the charitv's abiliti. to continue as a 20illo concern. dis¢losins as applicable. mattcTS Telaied 10 ooing concem and using the goino concern ba515 of accountin£ unless the misiees either iniend 10 liquid3te the charity or to cease operaiions. or have no realisti aliemaiive bui 10 do 50. Auditor Re5ponsibilitie5 for the audit of the financial st&temenl$ Our Dbjectii'e5 are 10 obiain reasonable assurance about iNheiher the financial sl&ttements as a ￿hole are free frotn material misstatetnent. Mhether due ¢0 fraud or error, and 10 issue an audiior s report that includes our opinion. Reasonable assurance is a h12h level of a55urance, bul is not a fluaraniee thai an audit conducied in accordance ￿lIh ISAS (UK} M'ill al￿a>S deieci a material rnisstatetntnt when it exists. issiaietnents can arise from fraud or error and are considered maierial if, individuallv or in Ihe a2gre(Taie, ¢he%' could reasonabl> be expecitd to intluence ihc economic decisiolls of users taken on the basis ot Ihe5e financial siatements. The exient to which our procedures are capable of deiectinu irrenulaiities. including fraud 15 derailed below.. Page 7 Lakshnii Nurill l)Iia 'l'rii$l Indei)I'ncleiit ..IiJclili)I"% Ilci)i)i't li) I lil. Ni IL'iiII)ei'N lif i.Jk¥l?iiii NArit vAnA 'I-rust (continued} l.()R riii." i 1:'.4R L I'I)I. D JI I)I.'( I..IIRI.R 21124 ,PC.Ll lil irregulariiies including fraud and idcniih ini. LKl1114iiiiig Klllil LOlI)pli'ing ￿111] 1¢g%V5 14 iicl rL'giilaiions an(1 whether they werc aware (Jf any instanc¢5 ol-ni)n- comi)lig1 nLe deieciin£ aliLI reskX)ndiTig 10 ihc I'isks ol. frEiud anLI ivheiher they hi£ ve knowledge of any actual. su%pecied or allegid traiid Ihe lniLm￿lI ionii'ol% esi4ibli%hLd ii) illiliuaie risks ol. fr41ud OT non-compliance with laws and reuulaiions l e remained alert 10 Kiny indi¢ 10 aii¥onL other th the ch8riiJ dnd its Iruslees a5 a body, lur our diidil ￿ork, for Ihis rLporl, oi. lor thL opinions ML have lu￿11ed. 01)naMala l%enior Sialuiory Audilurl For and on behalf ofTaha.s & Co Lid, SidtLilory Auditor Suite i, Second Floor 760 Eastern Avenue Newbury Park London IG? 7HU Pase 8 Lakshmi NarAyAnii Trust Indcpendcnt Audi¢or's Ilepoi'l ti) Ihe ￿lem￿l¢r8 Trf Lakihml NarRy￿n￿ Trujt (eontinued) F-OR TIIL. I L.4R L,IDL. I).11 I)I.-( I.-NIBI.'R 2024 aijdiior of 3 coii)paTlI uiidei. %eLIioTI 1212 1)f Ilie Coinpanies A¢1 2006. Date." ?? rluou51 ?0?5 Page 9 LAK-shmi IN￿ra1.￿nA l-i'iist SIAtement of Tr in4ncial Actii'ilie.s fibr tlle l'ear Tr,'n(Ivil .1 I l)f crmb¢br 2n24 rntal 2(124 Tbial 21I2J In¢hme and Endoii men15 frnni.. Donaiinns aiid IcitlCICS Irtresmicni incoiiie Oiher income 1,371),515 H(?X 868 I IJV,759 60,675 Total income 1,007.439 1.6()7,4i9 1,431.332 Expenditure on: 11.0.16.7751 14.n951 11,046.7251 14.0951 Othvr exFcndiiuTe (1,065.8471 Total ¢xp¢ndirure I l.OiO.8?01 11.067.047) Nei incorne 6 Ifi,619 616.619 J6 J.?8 j Nei moK'emenl in funds 616.619 616.619 364.?85 ReeohciliAtion of fund$ Total funds brought forn'ard 8.?59,612 ?59.61 ? 5.?84 194 Toial funds carried lor¥%ard 8.876,131 8,876.? j I 5.648.i79 All of the charil> s activities derive from ¢oniinuing operations durin¥ the abo¥¢ two periods. Page 10 l.ak.shini N Arai'i118 Tru.st {RiThuiSlr￿ilIOITr iiunil)i'r: 292C)77) BalanLC Shecl .1% 'lt .1 I l)ciLiiil?er 21124 2024 202J Note Filed a%sCt l-angible atssets 6.718,552 6.110.697 Currelll #sseis Stocks Debiors Ini'esrment Cash ai bank" and in hand 1,440 51.799 157.i67 iiO.24? 56.481) 110.790 169.i4i i40.848 jj8.? j) Creditors: .4mount$ fallints due ￿1th1n one year ()40.6491 ryei eurrent assets iOO.199 196.ii8 Totsl assets le55 current liabilities 7.018,7) I 6,i07,Oi5 Creditors= .4mounts fallin47 due after more than one )'e8r 10 16i8.4i6) Tyet SiSset5 i? i.648.i",9 Funds of the charih": Unrestricted ineome funds Unrestricted Unrestricted revaluaiion reserve 8.876,? j I 11.8i7,4801 8.? j9,61 ? 1?.61 l.Oii} Total unr¢stricted 7.018.7i I 5.648.579 Tothl funds 12 7.018.7il .648. j79 The ftnanctal giatemenls on paoes 10 to 19 M'eie approved b), Ihe Irusiees. and auihorised for issue on ZS Aqfr&-.. .X and signed on iheir behall by.. Dr Radhakrishnan V . Presideni TrJsree MrA Ke Trustee Jaindniiar , Chaimlan Mr S ViJa)'ak Trusiee Treasurer Mr K Sivarupan General Secretary and Trusiee ecreiary Page 11 L#k-5hmi ,N'arai'JnA Trvst ote5 In the FindnciAI .Stiltenients fnr ihe I'c2r F'ncleil .1 I l)ecemher 2024 I Acc04Jnting politie -Si8iemcnt of cnmpliance Rcron)iiiendcd PiilLIICC ISSULd ITI Ocrol)cr ?019. Ilie l-'iii',IllLljil Keporiing standard applicable in the Linited Kinndom and RepublT¢ of Iicland 11.-RS I0114ind ilie C'liilritics Ilci 2a I I B2515 of prepararinn Lak5hini Nara¥ana Tru51 n)eet5 tlie deflniiion ul. a puhlic bciielir eniiry under FRS 102. The accounis Ilinancial siaicmentsl haie been prepared undcr Ilic hisioi-iLal cost conkLntion witli item5 recounised at cost or transaction value ullless othern'i%e slated In ihe releN'Lint notelsl to These accounts Gorn8 eoncer The financial staiements have been prepared on a Éjojllo concern basib. There are no any maierial uncenainiies ielaied ro ei'ents or conditions th)1 Ina¥ casi sit, .nilicaiii doubt on Ihe abilit). of the trust to continue as a goin concern for the tore5eeable tuiure. based on laiesl str2LieTric plans and Iinancial bUd￿et. The trusiees m)ke this assessment in respeci of a period of on¢ l'ear from the dale ot approial ol. Ihe linan¢ial 51aletnents. Income tnd endowments l-oluniar% income includino donation5, (Tifts. levacies and LTiant5 Ihal pro¥ ide core fundinv or are of a oeneral narure is reco_tsnised ￿hen ihe chariN. has entitlement to ihc income. tt 15 prob)ble Ihar th¢ income ityill be received and Ihe amount can be measured w'iih suflicieni reliabilitv. Donations 4ndlegacies Donarions and legacies ar¢ r¢cognised (>n a receivable basi5 ￿hen receipt is probable and the amount can be reliabl J, measured. Expenditure All cxp¢ndEiure is r¢co(7nised once Ihere is a Icoal or COnSlructi%-e obli(ration 10 that cxpendilure, li is probablu settlement is required and the amount can be measured reliabl).. All Costs aTC allocated io Ihe applicable expenditure headi￿0 thai aogreoaie similar cosrs ro ihal caiegyory. W'here costs cannot be dir¢cili' arrribured to particular headinos ihev hai'e been allocated on a basi5 ¢onsisieni Ki'iih Ihe use ol- resources. ￿1th central statT cosis allocated on the basi5 of lim¢ spent, and d¢precia(ion charues allocaied on the portion of th¢ ass¢t'S US¢. Other suppon cosis are allocai¢d based on the spread of staff cosis. Cliurilfjble ac'livilies Chariiable expendiiure comprises Ihose ¢0515 incurred by th¢ ¢hariiv in the delivery of its activities and Scr￿ ices for beneficiaries. li includLS boih costs thai can bc allocated direLily to such activities and thos¢ rost5 Qf an indirect narure necessary to suppon iheni. Governance cost5 These include the cosrs attributable io the Lhariry's compliance with coiisliruiional aiid siamiory requirenients, including audit, straieoic rnanathemenr and trustees, meetings and reimbiirsed eipenses. Page l? iItC5 to tht Tr inancial St#lement$ for the Tr eAr Fnded .1 l December 2024 {continued) T 4ny.ible liicd a5Iets Iiidii Idual filed 415.4Lls Co%11n￿ £-%n.o()n i)r iiTroi-e tire iiiiiiallv re¢nrded ai ¢osl. le%% any %ubsequeni Kiccumulated Dcprecia1 ior. is proi'idLd L)ii iaiioible filed i?8.4cl% $0 as to ￿TIle uly Ihe cosi or vit111<11iun. less any eslimaled As4et cla.4 eprecialinll method gTrd rate (li 2 ieducino balance method 15Q/D reducing balance meihod Fixrures. l--Inin£s and e911il?Tl)eni Current a.ssct in1¢51ments Currcni ini'e%ttneni% aTC iiicluded ai the lO￿tr ol. cost li nd nel realisablc ￿'alue . market value. rock 15 fvalued ai the low'er of cosi and estimated sellin price less COSIS 10 COTnpleie and sell. after due regard foi ob>olete and slow moking siocks. C051 15 detemiined usino Ehc firsi-in. firsl-out IFIFOI. TT8dt debtors Trade dtbtors are amounts dlle from HMRC for gill aid donaiions subinitted durints the year. The￿ are recoonised initiall% ai iht transaLlion price. They are Subsequentl￿ tneasured ai amonised cosi using the effectii'e inieresr method. less proNision for impainnenr. No irnpairnienl provision was needed duriTro Ihe 'ear as the receI￿a￿leS were receii.ed after the yearend. Cash 2Dd cash equiTralents Cash and cash equii'alents comprise cash on hand and call deposils. and oiher shon-terTTI hiJl> Itquid investments ihat are readilj con￿enible 10 a knowTr amount of cash and are subject to an insitrnilicant risk of change in i'alue. Borrov+'ings 1niere51-bedrinv borrowinus are initialli. recorded Ji tair ¥alue. net of. Iransaciion costs Interest-bearing borrowintss are subsequentli carried at amortised cosi. wilh the dilTerence bens'een the proceeds. net of transaciion costs. and Ihe atnounl due on redctnption beino recounised as a charge 10 Ihe Siaiemeni ot. Financial ActlWlEies over the period of the relevant bOry0￿ inu Interest expense is recognised on ihe basis ol the effeciii'e inleresl meihod and is included in inierest pajable and slln&lar charues. Borrowinus are Llas5ilitd as Lurrent liabilitie5 unles5 the charizy has an uncondiiional righi io defer seiilefftent of the liabilipJ Cor ai least twelve tnonihs afier th¢ reporting dare. Fund structure U'nregtricied income funds are general funds thai aTe available lor use at Ihe tTvsrees' discretion in furth¢ran¢¢ of Ihe objeciives ol. Ihe chariry. Page 13 Lak5hmi NJrai"iiiia Trust Note5 to the Financial Statcnicnts fi)i- the l'ear fi.ncleil .1 I l)eccmber 21124 Icnntin ued} 2 Income from donaiion* gnil Icgi£i¢s 'Tntal 21124 -rnt81 2U23 Donaiionq and legaLies-. Gcncral Donarion ai)d coiigi'ceaiioiial actii'itlC5 Gift aid reclaiiiied 1.446.767 1.446.567 119.?4S 868 1,315.552 54.96) Intere%t re¢ei%-ables 868 1 £66.68n 1 £66.680 l.i70.65 1 J Other income Unreslricted Total 2024 Total 20?3 Cleneral Hall Hire and Events Rental income 18,759 ?8.759 ?4.67 j i6,000 100.759 100.1*9 6(J.67 j 4 T*nglble fixed a55ets Land #nd buildin¢p5 Furnilure and equipment Total Cost Ai l Januarn. ?094 ReN'aluations 7.19i.949 6•1,44? 7,81 i.?91 7jj.)jj Ai J l December ?0?4 7.947.50) 6?1.441 $,i68,944 Depreeiaiion Ai l January ?024 Charge for ihe >ear 1 ?6?,899 118,601 440,79) ?7,097 1,704.694 lJi,698 At 31 December ?0?4 1,)8? iOO 467,89? 1,8iO,i9? Net book value At 31 December 2024 6.505.00? lii.5iO 6,71 S,)5? At 31 December ?02) 5,9ia.OiO 180,647 6,1 I U.697 Page 14 Lak8hmi Tru.s1 otes tn the Financial .Statement$ for the l'ear F.n(led .1 l December 21)24 (cnntinued) frceliold land and buildiiigs. Details ol Fi'echold I'riipei'lies ?41 Ilioli Sirell Noiili. Lui)(lon F.12 ()SJ The 3boie propenies liai'e bccii Nalued bi. Mi. Pareem11 T!'?L gi an A%sociifLJCtion costs. Hence a diftereni approach io valuaiion Ilrom ilic nortnal markci Jpproach LlSinE* ¢omparable e￿Idenle) nceded applsing, the mosi usual tneihod ol- k'aluarion Mhen dealino M'jih thi5 ifvpe of propern. is 10 appls Ihe Depreciated Replacement Losi IDRCI and as per ihis method of fvalualion. this propenj. has been Tr'alued at £5.1 m. This propemi is hence valued at cosi only. The Trusi¢es are of the opinion that the ¢arryini¥ value of fixed assets a5 per Ihe accounts are fairly stared. 5 Stock 2024 20?3 STocks 1.440 6 Debtors 2024 2023 Trade debtors Prepa}'menis VA T recoverable 10.504 10,?77 10,16? 51.799 56,J80 Trade debiors balance of £41,295 1 ?0? j." £36,040 I which relares to £ ?7,000 rentc11 incoine r¢c¢ivable lor th¢ year and £ 14,295 relates to Oili aid reLeivable. 7 Current asset inve5tmtnis 20?4 2023 Gold and SiSver 157.i67 110,790 Page 15 l.Ak'ihmi IN￿ra1.￿n￿ I'i'ii*t te$ ¢0 thc FinAnciAI 44tAtemenls fnr the I'eAr F.nthe vear 2024 2023 Bank. loans Oiher taxation and 50¢ial security (hher cr¢ditors Pension scheme creditor Accruals 218,8)7 114.55? 4.459 16.168 l.i)6 5.400 10.4il 5.400 140.049 10 Creditors: amounts fallin% Mfttr une ye#r 2024 2023 Bank loans 6)8.416 Bank loans pa)'able aller more than one year has been secilred by a char8¢ ov¢r the charitv on Ihe folloibing PTopenies'. ?72 HIiTh Street. London E12 6SA 2. 168 Brownin¥ Road, l.ondon [12 6PB 3. 241 Ill￿1￿ %ireei North. L£lSt Ilaiii, Lundoii L l ? 6SJ I l Funds Balance xt Ji DeceNiber •0?4 Balaiice #i .laiiuJry 2024 Resources expeiiiled Decenib¢r •0?3 rc50urces Unrestriettd General !59,61? 1.667,439 11.050,8?01 8,876,? j I 8.? j9,61? Page 16 Lakshnii Nnriiv iina Tru$1 i otes to the Financial Statcnicnt$ for the I'ear F.nded .1 l December 2024 (continued) 1 • .4nali'$i.4 1)f Iiti xs$¢ls betweeii (Iind.s Unreilrlcltd TThlAI fiindi 2D24 Total funds 21113 Tanpiblc Iixid d%scIS Curreni 4Tr%