Dr*ft Flnonclal St•t•mgnts at l4JU 2024 at 15:07:23 Company r•glstratlon numbor 02055389 (England and W419s) THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024
Draft Flrnnrlal Statsmntg •t 14 June 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEEAND NOT HAVING A SHARE CAPITAL) COMPANY INFORMATION Dlrn¢torn MrAlay Jobanwlrn Mr Htton Rupar811a Mr Htt8sh Thakkar Mr N Chotal M15s M H8mrn] IAppoInt 4 Novomb8r 20231 (Appthted 4 Novemb8r20231 SgcTrtsry Mr Hlon Rupar8lla ClPonY numtrJ•r 02055369 Compton House 20b Selsdon Road South Croydon Surny CR2 @PA NGR & Co ISurTeyl Lknltod 123 Groon Lan• Morden Surrey SM4 6SE
Draft Fln•nel•l statèm1$ at 14 June 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING ASHARE CAPITAL) CONTENTS Paq DlrectorB' feF AcpJuntants' report kno)me and oxp8nditur8 aco)unl 88lanc8 Sheet statofflent ofchong88 In equ N¢)tes to the ffnancknl statements
Draft Flnanclal Statement8 at 14 June 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) DIRECTORS. REPORT FOR THE YEAR ENDED 31 JANUARY2024 The directors present thetr r•port and financial statsmgnts for the year endod 31 Jonuary 2024. The fina81 tstements compty wbth Ihe CharHles Act 2011 a¥ #mendod by tha Ch8rfllas knt 2006 and the Ststsm¢nt of Re¢ommndod P18Ctke-Acunllng 8nd Wortlng by ChaTlll88 {SORP 2005). Govemlng documèntg The RaghuvanshS AsSoC5aOn 55 a COrnny Ilmlted by guaranle& govemod by Its Memorandam a1 AAEdes of A8u0clatn. It bs a r8gl¥lerod charlty wSth Chartuos Comntsslon undar Ch4rfty nurnbor 295830. Dlr•etorn The directors vtho h8kl office durlng th• year and up to the date of 81fvre of Ihe fInaral statomonts were folbjws: MrAJay Jobanputra Mr Suntl Radla Mr Htten Ruparella Mr Hit88h Thakker Mr N Chotsl Mlss M H8mral {R•slgn8d 15 June 2023) {Appolnted 4 NownbOr2023) {Appolntsd 4 Novemb8r2023) Smo11 cofflpanl•8 exomptlon Th18 rewt has begn prgpored In aCLX¥(1are wlth the pro¥lslonB applblO to cLwnpanl8B enlued to the tsjnpantes exempkn. 8y orderof tha board MT Hlten Ruparfj So¢Y•tsry 08ts".
Draft Flnanclal Stotomgnts at 14 Juno 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) Indepondant examlners's report to the trustees of The Raghubvanshl Assoclatlon I report on the Accnts ofthe compgny trthe yearended 31 January 21Y24. which are #¢1 outon pag•s 3 to 8. R•w8¢tlvo r•$ponslbllllles of trts•l• Ab ox•mln•r ttysto (who 8180 director8 of thè company for the purposes of the company law) are re8pon8lble for the prepar8llon of Iho g¢wunts. The Totee8 cDn$tdw that an aud5t 18 nDt requlred fr>r thè ar under sectknn 144121 ol the CharlISAct 2011 (the 2011 Act} and that an independent examination is needed. The charitys gmss Inccma d088 not 8XC88d £250,000 and l am quallfled to undertake th8 ox•mlnalkn by bolng a qua16fied mambar of tho A¥soclollon of Chortgrgd Cgrunod AKounlants. Havlng 8aU8fied my8gW Ih8t ¢hadty ts not Subject lo audll undor Mmpany law and 18 ellglblg for Indgpermlgnt mlnalon.11 Is my responelMItyIo'. . Exomlne th• accounts undw sectton 145 of the 2011 Act: . To follow the procgdures lald down In tho gone1 Dlre(thn8 glven by th• Charfty COMMISOn der 8goYon 1451Sllbl ofthe 11 Act; 8nd . To state whethgr partarMatters have corno to my altenffon. Ba$16 of Indèpondonl Examln•r R•port My ex8rninaUon was Cgffiod crtrt In 8¢cordgnc8 wtth the g8n8ral Dlr8dons glven by the ChBrtty ComThlsslon. An exarnlnalon lrtdudes o T$W of thg ac¢ounllng reconts kepl by tho ¢hartty and a comparfson of tho 8ccounts presented wlth r8o)rds. It atso Includes con81derathJn of any unuwal Item6 or dlBdo8w88 In lh8 a¢Unts and seeking explanations from you as trustees ncMIng any such rnatte. Tr PTocedure8 undertaken do nol prOde all the eVhjen Ihat would bo rgquired in an 8udil and con¥equgnty no oplniun bs gw•n as to whelhor tho aOunts presenl a'true ond falrvievl and the report is limited to those Matte yel out Sn Ihè Statement below. Indopond•nt Examlnorfg Ststam•nt In ¢OMocUon wth my ex8mlnakn. rK¢ mattwhas to my attenlbn: Whkh gl¥o8 me rn880nablo cau80 to bg1i8v8 that tn ony matsrial respect the requirgmonts.. . to keep ¥ccounYng record8 In acvJrdanc• 8g¢llon 386 of thg Compgnte¥A¢t 2006.•nd . to prepare a¢coLtnts whlch accord wllh tho a¢c¢unlthg r¢cord$, comth vAlh th¢ 8¢o)unllng wulromgnts of sedon 396 of the CompBnles Act 2006 and tho mgthods ond prlnc4plo$ of tho Statsmenl of Recommended Pra¢lke: Ac¢ounlng and ROrtIng by Charftlgs have not bgon mgt or 1. To whEch. In my oplnlon. attonllon 8houkl b8 dr8wn In order lo gnablo a yopar uThl8rstandkng of th8 accounts to be mthBd. N•de8h Ruparella FCCA NOR & Co (8urr•y) Llmltad Chartored Certlll•d Accountants 123 Green Lane Morden Surrny am4 GaE
Drnft Flnanclal Statemgnts at 14 Jun• 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY2024 Income Cost d salBS 78.654 124.224) 108.654 130.945) Grfj ¥urplu¥ 77.709 Admthlslrafve eyn$g8 {33A76) {26.574) Oporaung surplus 20.954 51.135 Other Interest payable and slmllgr experffjos 13.647) (5,6941 8urplu# b•for• laXon 17.307 45.441 Tax on sUlUS Surp• for the fln*nclal yo•T 17A07 45.441 The hKome and exp8ndilure account has bBen prepared on tho b8818 thall opgratH>n8 are ¢xJntinuiThJ ¢JPBrntK>ns.
Draft Fln4nclal Stat•m•nts at 14 Junè 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) BALANCE SHEEr ASAT31 JANUARY2024 2024 Notss Flxed #ets Tonglblo a88918 1.250,938 1.280.293 Curronta8BOt8 D•blors Coth at bank and In hand 1.932 32.021 11.008 Crodltors: amounts lalung due wlthln onfr y•4r 1145.7421 (145.349) N•teurrènt llabllltl•¥ 1134,734) (111.3861 Total a¥Bet8 less ¢urr•nt Il•blll¢lo• 1.116.204 1.148.897 Crndltorn: amounts falllng duo aller mor• Ih8n year (50.OIJO) <100.0001 Net •8oets 1,066204 1,048,897 come and expandUr• a¢o)unt 1,066204 1.048.897 Momlrn' funds 1.066204 1,048,897 For Ihe finaniaal year ended 31 January 2024 the wnyny w88 enlllSed to exemplon frnm Audbt under seethjn 477 of tho CtsrnpanlesAct 2008 relallng lo sffAII companlès. Th• dlrgc4ors a¢kn¢)wlge tr1r respon¥lbllbUe8 for Compln9 wtth Iho requlrefflents of the Companlo8 A¢1 2006 th rosrd to 8¢couniing rac¢rfs and th• prnpgrakn offmaTh>g1 statoM. The Mb¢r$ have not required thè company to obtaln an audrt of tts fin8ni?818tatements forlhe year In que81knn Thi acCoon¢0 wlth secilon 478. Th¢$6 finandal statoments hava prgpared In ac¢x>rdan(x vAth the p810n$ appllc¥bl• to companlo$ SUbCt to the 8mdl Gompanl88 reglme. The fin8n¢lal statsments werB appThed by the board ol dlr4c4or8 arHI aullSed for i58ue on ................-....... aro signèd on its behairty. MrAJay Jobanwjtra DIMctor Mr Htt98h Thakknr Dlrector Company roglsiralh)n rmber 02055369 (Effjknd and Wg10s)
Dr4ft Flnan¢lal Statgmgnts at 14 Jun• 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEEAND NOT HAVING ASHARE CAPITAL) STATEMENT OF CHANGES IN EQUITY FOR TIIE YEAR ENDED 31 JANUARY2024 Income and Oxpendlture aOunt B•l•nc• at 1 Februory 2022 1,003,456 Y•ar •nded 31 Januwy 2023: Profft and lolal rJ)mprehenslvo Inc¢me for thg ya 4S,441 Balanco at 31 J4nuary2023 1.048097 Y•ar•nd8d 31 January 2024: Profft and total compreh¢n$fv Inc¢mg for th8 ygar 17,307 B•lan at 31 January 2024 1.086,204
Draft Flnanel41 Stat•m•nts at 14 Jun• 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY2024 Accountlng poll¢lo$ Company Inf0mon Th• Raghuvan$bl Awdauon 1$ a wlvats company Ilmlted by guarants8 Incorporated In England and Wal8& The r8gtst¥r¥d Offi L8 Compton Houso. 20b Selsd¢)n Ropd, South Croydon. su, CR2 6P 1.1 Accountlng ¢onventlon These tlnanryal statements have been prepared In •LY>ydance with FRS 102 Tr Flnanthl Reportlng Standard appllcable In thg UK and Republic of Irglond. fFRS 10T) and the requirements ol the Companl Acl 2006 88 appli¢abio lo companies $uble¢t to the small ojmpanlos rogimo. Th• dlsclosure requSrements of 60cllon 1A of FRS 102 havg bogn oppllad 0th8r than wh8r• addluonal dl8do8uro Is r8qulr•d to Shtr a tn and falr vlgw. The finanaal slatements are prwared in sl8rtin9, whtch18 the funcknon81 rranty of ts company. Monetary amounts In these financi81 statements are Tounded to the noawl £. Tho finandal Btstements hav& been prnpared undgr tho hi51oYical cost ¢oMntion. Th& prlndpal o¢¢ountlTrJ polld•8 adoptsd are 88t out bolow. 12 Incom• and •xPdI¢vrO All incoming resources are acCoted for when tho charNy has enlilknment to tho fvnds. ¢ertalnty of re¢dpl and tho amount is me•wmble. Exp8ndlture h r¢¢>n189d on the a¢¢ru$d basls as a Ilabllltyls IrKurr•d. Expendlture Indud88 any VAT wh1( 8nnot be lulty r¢covor¢d and 1$ roportgd part of the eXFfjndKur8 to whlch It rglat•s, 13 T•nglble fixed •g$ets Tangiblg fixed a1$ Inlll8Uy meo$ur¢d at 81 and subsequoth mo85urgd ot cost or valuation, net of d8Prteiation and ary Impairment losses. Dewooollon is reco9nL8ed 80 8$ to wrfte off thg wsl orvaluallon of assots I thglr re4dual valugs ovw thglr Ugaful on tha followlng bas¢$'. L8nd and bullduig$ Fraehold not depreclotad Fixtures, fftngS & equlprnent 20% on cost Chang9$ In tho falr valug of dorlvthes Ihat are de51gnated quallfy as falr value hedges arg re¢cgnl$8d In profrt or loss imm9dlat¢, togelhw wlth any ch8ng88 tn the fatr lu? of tho hedged awt or 1kb1ty IINqt are attrlbutabb to th$ h9 dsk. IA Tx•tlon The vJmp8ny 18 a ragl8tsTed tharlty and thereforn not Ilablo to taxatkin on thè exc888 of Inm& ov &xpondltur8.
Draft Flnanclal Statèments at 14 Jung 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2024 Judg•m•nts and kny re0$ of esllmatlon un¢•rtalnty In th8 of ts companls accounllng polkl88. the dlrectorn arn requtred lo make ludg¥m•rth, estlmats¥ and 8mplI0ns about thg ¢9ng amount of ?B8ets and Ilablltttes that are nvt r8gdny opp8rgnl trorn olher source5. The estimates and as60ciat8d assumpyons 8rn based on hlstcrfcal experienGe and other f8¢tors that are considered io rel8v•nL A¢tU81 ros1¥ may dlfforfrom Iho89 9gtlmatss. The 9sdmate8 and undertylng asuuinpttons ar8 tOw on qn ongolng ba818. Rev151Dll5 to aLt4JJnkng 08tlm8ts8 #re rewgnlsed In Ihtr porfod In whlch the 95Umats 1$ rev150d wtsrg thg I10ft affect8 onty that pedc<l, or In the of the rnWsk*n and fvture peritrfls where the reOn affed8 bolh current and (uluro pariods. The avernge fflonlhly number of porBorM {Includkng dlr8dor8) empbyed by tho ¢cfflpanydwlng bhe year vM8: 20 Numbvr 2023 Numbpr Total Tanglblg fix•d as••ts LarKI and FlxturB bylldtny Iliungs & Frnohold wTpnenl Totsl At 1 F&bNary 2023 Addluons 1.227.708 68,815 1,290,523 4,945 4,945 At 31 January 2024 1227,708 73,760 1,301.468 Dopr•clatlon and Impalrm•nt At 1 F8tMuary 2023 D8pradaJoA ¢h8ryed In the 36,230 14.300 14,300 At 31 JanuBry 2024 50,530 Carrylng amount At 31 JOnry 2024 1227,708 23,230 1,250,938 At 31 Jaary 2023 1,227.708 32,585 1.260,293
Draft Fln8n¢lal Statsmants at 14 Juno 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2024 2024 2023 Amounts falllng du• wllhln on• y•ar. Donadon pl8dg8d other d8blors 1.432 1.932 Cr•dltorn: amounts falllng du• wlthln on• y•ar 2023 145.742 145,349 Induded Sn other uednors b Inlerost 19on fmm Lohana Cryrwnunlty South London and Somè of tt8 m•mb8rs of £108.OT512023- £110,575). rl¢or8. amounts falllng due after movo than on• y•ar 2024 2Q23 othor ctsdbt(Jrn 00,000 100.000 other cr8dltOfB h the secured loan advanced by G P Ganetra Charttablg Trust of £50.000 120fd: £100,000).The loan 10 year loan repayabk with acc¥ued interest on 21 Aprtl 2031. or such othèr date as 8greed beeen the parlles. Inlgrost of £3,187 at Iho rats of 4.5% pw 4nnum bgon accru1 In Ihe accounts In ac¢ordonc¢ wllh thtr 8greerngnt. M•mb•vs' Ilablllty Thg ¢ompany i¥ liffllted by guarantee, not hwing a sh8r• c8pltsl and consequondy tho liabilty of membors is Ilmltsd. sublect to an undartaklng by each memb8r to ¢onlrfbuto to tho net a880ts or Ilablllttes of the crynpany on n1J up such amounts as may raqulrod not gx¢ggdlng £1.