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 Cl￿PonY 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 statèm￿1$ 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 fina￿81 tstements compty wbth Ihe CharHles Act 2011 a¥ #mendod by tha Ch8rfllas knt 2006 and the Ststsm¢nt of Re¢ommndod P18Ctke-Ac￿unllng 8nd Wortlng by ChaTlll88 {SORP 2005). Govemlng documèntg The RaghuvanshS AsSoC5a￿On 55 a COrn￿ny Ilmlted by guaranle& govemod by Its Memorandam a￿1 AAEdes of A8u0clat￿n. 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 fInar￿al 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 Now￿nbOr2023) {Appolntsd 4 Novemb8r2023) Smo11 cofflpanl•8 exomptlon Th18 rewt has begn prgpored In aCLX¥(1ar￿e wlth the pro¥lslonB appl￿blO 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 Acc￿nts ofthe compgny trthe yearended 31 January 21Y24. which are #¢1 outon pag•s 3 to 8. R•w8¢tlvo r•$ponslbllllles of trts•l•￿ Ab￿ ox•mln•r ttysto￿ (who 8180 director8 of thè company for the purposes of the company law) are re8pon8lble for the prepar8llon of Iho g¢wunts. The To￿tee8 cDn$tdw that an aud5t 18 nDt requlred fr>r thè ￿ar under sectknn 144121 ol the CharlI￿SAct 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•mlnalk*n 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 gone￿1 Dlre(thn8 glven by th• Charfty COMMIS￿On ￿der 8goYon 1451Sllbl ofthe ￿11 Act; 8nd . To state whethgr part￿￿arMatters 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 ￿nc￿MIng any such rnatte￿. Tr PTocedure8 undertaken do nol prO￿de all the eVhjen￿ Ihat would bo rgquired in an 8udil and con¥equgnty no oplniun bs gw•n as to whelhor tho a￿Ounts 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 R￿OrtIng 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$g8 {33A76) {26.574) Oporaung surplus 20.954 51.135 Other Interest payable and slmllgr experffjos 13.647) (5,6941 8urplu# b•for• laX￿on 17.307 45.441 Tax on sU￿lUS Surp￿• for the fln*nclal yo•T 17A07 45.441 The hKome and exp8ndilure account has bBen prepared on tho b8818 th￿all opgratH>n8 are ¢xJntinuiThJ ¢JPBrntK>ns. Draft Fln4nclal Stat•m•nts at 14 Junè 2024 at 15:07:23 THE RAGHUVANSHI ASSOCIATION (COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) BALANCE SHEEr ASAT31 JANUARY2024 2024 Notss Flxed #￿ets Tonglblo a88918 1.250,938 1.280.293 Curronta8BOt8 D•blors Coth at bank and In hand 1.932 32.021 11.008 Crodltors: amounts lalung due wlthln onfr y•4r 1145.7421 (145.349) N•teurrènt llabllltl•¥ 1134,734) (111.3861 Total a¥Bet8 less ¢urr•nt Il•blll¢lo• 1.116.204 1.148.897 Crndltorn: amounts falllng duo aller mor• Ih8n year (50.OIJO) <100.0001 Net •8oets 1,066204 1,048,897 come and expand￿Ur• a¢o)unt 1,066204 1.048.897 Moml*rn' funds 1.066204 1,048,897 For Ihe finaniaal year ended 31 January 2024 the wnyny w88 enlllSed to exemplon frnm Audbt under seethjn 477 of tho CtsrnpanlesAct 2008 relallng lo sffAII companlès. Th• dlrgc4ors a¢kn¢)wl￿ge tr￿1r respon¥lbllbUe8 for Compl￿n9 wtth Iho requlrefflents of the Companlo8 A¢1 2006 th rosr*d to 8¢couniing rac¢rfs and th• prnpgrakn offmaTh>g1 statoM￿. The ￿Mb¢r$ have not required thè company to obtaln an audrt of tts fin8ni?818tatements forlhe year In que81knn Thi acCo￿on¢0 wlth secilon 478. Th¢$6 finandal statoments hava prgpared In ac¢x>rdan(x vAth the p￿￿810n$ appllc¥bl• to companlo$ SUb￿Ct to the 8mdl Gompanl88 reglme. The fin8n¢lal statsments werB appThed by the board ol dlr4c4or8 arHI aull￿Sed for i58ue on ................-....... aro signèd on its behairty. MrAJay Jobanwjtra DIMctor Mr Htt98h Thakknr Dlrector Company roglsiralh)n r￿mber 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 a￿Ount 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 Inf0m￿on 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 $uble¢t to the small ojmpanlos rogimo. Th• dlsclosure requSrements of 60cllon 1A of FRS 102 havg bogn oppllad 0th8r than wh8r• addluonal dl8do8uro Is r8qulr•d to Shtr￿ a tn and falr vlgw. The finanaal slatements are prwared in sl8rtin9, whtch18 the funcknon81 ￿rranty of ts company. Monetary amounts In these financi81 statements are Tounded to the noawl £. Tho finandal Btstements hav& been prnpared undgr tho hi51oYical cost ¢oMntion. Th& prlndpal o¢¢ountlTrJ polld•8 adoptsd are 88t out bolow. 12 Incom• and •xP￿dI¢vrO All incoming resources are acCo￿ted for when tho charNy has enlilknment to tho fvnds. ¢ertalnty of re¢dpl and tho amount is me•wmble. Exp8ndlture h r¢¢>￿n189d on the a¢¢ru$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$ets Tangiblg fixed a￿1$ 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, fft￿ngS & equlprnent 20% on cost Chang9$ In tho falr valug of dorlvthes Ihat are de51gnated quallfy as falr value hedges arg re¢cgnl$8d In profrt or loss imm9dlat¢￿, togelhw wlth any ch8ng88 tn the fatr ￿lu? of tho hedged awt or 1kb1￿ty IINqt are attrlbutabb to th$ h￿9￿ dsk. IA T*x•tlon The vJmp8ny 18 a ragl8tsTed tharlty and thereforn not Ilablo to taxatkin on thè exc888 of In￿m& 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 8￿￿mplI0ns about thg ¢9￿ng 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 ros￿1¥ may dlfforfrom Iho89 9gtlmatss. The 9sdmate8 and undertylng asuuinpttons ar8 t￿Ow￿￿ on qn ongolng ba818. Rev151Dll5 to aLt4JJnkng 08tlm8ts8 #re rewgnlsed In Ihtr porfod In whlch the 95Umats 1$ rev150d wtsrg thg I￿￿10ft affect8 onty that pedc