of the DI tors and Unauditgd Flnancial tatemen the Y•ar Ended Janua for shl Asso lon Thè Ra huvanshi A$soclatlon Contents of the Financial Statements r the Year Ended 31 Janua 2025 Page Company Inforniatlon Rbport of tha Dlrector• Statement of Dlrectors. R•$ponslbllltl•s Indepèndènt Examlners, Report to thg Trustees Incomo Statement Balance Sheèt Not88 to tho Flnanclal Statem•nts Dotalled Incomè and Expondllure Account 10 The Ra huvanshl Assoclatlo ort of the Dlrectors for the Year Ended 31 Janua 202 The directors present their report and financi41 slatements for the year ended 31 January 2025. The financial sial8men18 compty with the Charrties Act 20118s amended by the Charities Act 2006 and tha Slalemenl of Recommended Practice- Actounting and Reporting by Charities ISORP 2005). Goveming documents The Raghuvan8hi Association is a company limited by guafanlee govemed by its Memorandum and Art￿leS ofAssocialion.11 is a registered charity w(th Charities Cclnmission under Charity numbei 295630. DIRECTORS The directors shown below hav6 held office during the whole of the period 1 February 2024 to the dale of this report. N D Cholai A M Jobanpulra H Ruparelia H D Thakker Miss M Hemraj Th18 report ha8 béen prepared in accordance wilh the provl8ton8 of Part 15 of the Companies Act 2006 relating to small companies. ON BEHALF OF THE BOARD: H D Th8kk8r- Director Dale.. 0￿[111￿{ Page 2 TheRa huvanshl As50ciati Com Infom)ation for the Year Ended 31 ua 2025 DIRECTORS: N D Chotsi A M Jobanputra H Ruparèlrd H D Thakker Miss M Hemraj SECRETARY: H Ruparelia REG18TERED OFFICE: Compton House 20b Selsdon Road South Croydon Surrey CR2 6PA REGISTERED NUMBER: 02055369 {England and Wale8) ACCOUNTANTS: PHS Accountants Ltd 105a Albgmarlg Road Beckenham Kent BR3 5HS Page 1 The Ra huvanshi Asso¢latlon tatement of Dlrec ors. Res f the Year Endgd 31 Janua onsibilities 2025 The directors are responsible for preparing the Rewt of the Directors and the financial statements in accordance wlh applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under tha law the directors have elected lo prepare the financial slalemenls in accordan￿ with United Kingdom Generally Accepted Accounting Pra¢lic8 (United Kingd¢)m Accounting Standards and applKable lawl. Under company law the directors must not approve the financk41 statement$ unless they are satisfied that they give a true and fair view ol the slate of affairs of the ccrfnpany and of the Surplus or deficit of the company for that period. In preparing these finan￿81 slalemenls. the directors arg required to: Bel￿1 suitable accounting policies and then appty them eonsislentty.. make judgements and accounting estimates that are reasonable and pnJdent-, prepa￿ thé financial slalemtnts on the going con¢8rn basis unless r( is inappropriate lo pr85um8 that the company will continue in business. The director8 8re responsible for keeping adequat6 a￿ountIng records that are sufficient to show and explain the company's transactions and discbse wrth reasonabb accuracy al any lime the financial posillon of the eornpany and enable them lo ensure that the financial statements comply with the Companies Act 2006. Thgy are also responsible for safeguarding the a88el$ of the company and hence lor tsking reasonable steps for the prevention and dete¢lion of fraud and 0th8r irregularilie8. ON BEHALF OF THE BOARD: Miss M Hemraj - Director H D Th8kker- Director Dal$'. This page does not form part of the statutory financial statement5 Page 3 Inde endent Exarnlners. RÈ ort to the Trustees of The Ra huvanshi Association I report on the accounts of the company for the year ended 31 January 2025, which are set OLrt on pages 3 to8. Re8pectlve responslbllitles of twstees and examiner The truste8s (who are aL80 directors of the company for the purposes of the company 18wI afe responsible for the preparation of Ihe accounts. The Iruslees consider that an audit i8 not required for the year under section 144121 of the Charities Act 2011 Ilhe 2011 Act) and that an independenl examination is needed. The charity's gross income does not exceed £250.000 and l am qualrfied lo undertake the examination by being qualffied member ol the Assetiation of Chartered Certffied Accounlanls. Having salisfiod myseLf that the charity Is not su￿.e¢l lo an audit under company law and is eligible for independent examination, it is my responsibilty lo- - Examine the acLounts under section 145 of the 2011 Act; To follow thé prtxedure8 laid dNn in the general DIrect￿n& gwen by thg Charity Commission under section 145ISI{bl of the 2011 Act; and - To slate whether particular mattors have come to my attentM)n. Bas18 of Indoptrndent Examlnerfs Report My axaminalion was ¢arried out in 8c¢ordance V￿th tho general 01￿CtiOnS given by the Chartity Commission. An examinalien includes a revtew ol Ihe accounting records kept by the charty and a comparison ol the accounts presented with those records. It al$0 includes eonsideralion of any unusual r(ems or di$¢lo$ures in the accounts and seeking explanations from you 8$ Iruslees conceming any such mallers. The procedures undertaken do not provide all the evidenc& that woukl be required in an audii and consequenlty no opinion 1$ given as lo whether the accounts PTesenl a Irue and fair wev/ and the reptsrt 15 limited lo those mallers set out in the statement below. Independent Ex4mlnerf8 Statemont In connectlon wlih my examlnalion, no matter has come lo my attent￿an.. 1. Which gNes me reasonable cause lo believe that in any material respect th8 requiremenl8'. - lo keep accounting records in accordance wsth sec1￿n 386 of Ihg Companies Act 20C6, and - lo prepare accounts which ac¢oTd wrth the a¢¢ounling reeords, eompty with the accounting requlremen18 of section 396 of the Companies Act 2006 and wi(h the methods and principles of tha Statement of Recommended Praeti¢e.' Accounting and Reporting by Chaiities have not b¢en mel., or 2. To which. in my cpinion. attention 8hould be drawn in order to enable a proper understsnding of the accounts lo be reached. Subhtt h Mlthla IFCCA) PHS Accountants Ltd 105a Albemark8 Road Beckenham Kent BR3 5HS Date.. This page dces not foryn part of the stalulory ffinanaal stslements Page 4 The Ra huvanshl Association Incom9 Statement ho Year Endod anua 20 31.1.25 31.1.24 Notes TURNOVER 64.923 78.654 Cost of sales 24.224 GROSS SURPLUS 41568 54,430 Administrative expenses 33.476 OPERATING SURPLUS 8,152 20.954 Inleresl payable and similar 6xpense8 SURPLUS BEFORE TAXATION 5.902 17,307 Tax on surplus SURPLUS FOR THE FINANCIAL YEAR 5.902 The notes foryn part of these financial 5tatem?nts P4e5 The Ra huvanshl ssoclati Istered number: 02055369 Balance Sheet 31 Janua 2025 31.1.25 31.1.24 FIXED ASSETS Tangible 8s5els 1,237,689 1.250,938 CURRENT ASSETS Debtors Cash at bank 140 31.292 11,008 CREDITORS Amounts falling due within one year 145742 NET CURRENT LIABIUTIES TOTAL ASSETS LESS CURRENT LIABILITIES 1,227,681 1.116,204 CREDITORS Amounts falling due after more than one year NET ASSETS 1072 106 1066 204 RESERVES Income and expenditure a¢¢ounl 1072 106 1066 204 1072 106 1066 204 The Company is enlltled lo exempllon from audit under s￿l￿n 47T of the Companies A¢t 20C6 for the year ended 31 January 2025. The members have nol requiTed the company lo obtain an audit of 118 financial 51alemenls for the year ended 31 January 2025 In accordance wtth SectK)n 476 of Ihe Companies Ael 2006. The directors acknowledge their ￿sponsibl11t￿ for. (al ensuring that the company keeps accountiNJ records whkh compty with Sect￿)n8 386 and 387 of the Companies Act 2006 and (bl preparing financial slatemenl$ whth give a true and fair view of the staté of affairs of the company 8¥ al the end of each finan￿al year and of its surplus or def￿(( for each financial year in accordan¢e with the requirement8 of Sedions 394 and 395 and which otherwise comply wi(h the requirements of the Companies Act 2006 relating to financral slalements. $0 far as applicable to the eompany. Th8 notes fomi part of these finanual statements Page 6 r))nlinued... The Ra huv shl Association istered number: 02055369 Bala o Shggt- contln 31 Janua 2025 The finanaal slalements have been prepared in accordanGg with lh8 provisions applkabla to ¢ompanies subject lo the small companies regime. The finaneial sla on ments wwe approved by the Board of DirectOT¥ and 8Uthorised for issue . and were stgned on ils beh8ff by.. Miss M Hemraj - Director H O Thakker- Director The notes fomi part of these financial slalements Paga 7 The Ra huvanshl Association Note$ to the Financial Statements for the Year Ended 31 2025 STATUTORY INFORMATION The Raghuvanshi Assockglion is a private company, limrted by guarantee, registered in England and Wales. The ￿mpanY'S iegk81ered number and registered off￿e address can be tound on the Company Information page. AccouMfiNG POLICIES Basts of preparlng the financlal stat•ments These financial statements have been prepared in aecordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the pro￿$10n3 of Section 1A"Sm811 Enlilies" and the CoMpan￿S Act 2006. The financial slalemenls have been prepared under the hi$tori¢al ¢osl convention. Turnover Tumover 18 measured al the fair value of the consideration receNed or receNable, excluding discounts, rebates, value added lax and other sales tsxes. Tanglble Ilxed a8sets Depreciation is provided at the following annual rale$ In tydor lo write each ass&1 over 118 e¥limale(l useful lrfe. Taxatlon Taxation for the year compri98$ Current ertd deferred tsx. Tax is recogntsed in the Income Statement, èx¢epl lo the extent that it relates lo ilems recognised in other comprehensNe income or directly in equity. Current or deferred laxalion assets and Ilabilrtigs are not discounted. Current lax 1$ recognised al the amount of lax payab￿ u$iNJ tho tax rates and laws that have been enacted or substantively enaded by the balanc8 $heel d8te. Deferred tax Deferred lax Is recognised Sn respect of all timing drfferences that havo orwJinalgd bul not reversed at the balance sheet dale. Timing differences arise from thè inclusion of income arKI expense8 in tax 888e8smenl8 in periods drfferenl from those in which they are recc*Jnised in financial statements. Deferred lax 1$ measured using lax rates and laws that have been enaded or subslanlivaly enact&J by the year end and that are expocted lo apply to the reversal of the timing differenee. Unrelydved tax bsses and other deferred tax assets are rwnl8ed onty to the extent that it is probable that they will be rncovered against the reversal ol deferred tax liabilithg8 or othar fvture taxable profits. EMPLOYEES AND DIRECTORS The avfjrage number of empbyee8 during the year was 512024 - 5). OPERATING SURPLUS The ¢)p¢raling surplus is Stated after charging.. 31.1.25 31.1.24 Depreciation - owned assets 15.252 Page 8 continued... The Ra huvanshi Associatlon Notgs to the Flnanclal gm&nts- continued r tho Year Ended 31 Janua 2025 TANGIBLE FIXED ASS￿$ Plant and machinery et Land and buildings Totals COST At 1 February 2024 Additions 1.227.708 73,760 1,301.468 At 31 January 2025 1227.708 75.763 1303 471 DEPRECIATION Al 1 February 2024 Charge for year 50,530 15,252 50.530 1 S,252 Al 31 January 2025 NET BOOK VALUE At 31 January 2025 1.227 708 1237 689 At 31 January 2024 1227 708 23.230 1250 938 DEBTORS: AMOUNTS FALLING OUE WITHIN ONE YEAR 31.1.25 31.1.24 Other debtors 140 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.1.25 31.1.24 Other creditor8 145 742 CREDITORS: AMOUNTS FALUNG DUE AFTER MORE THAN ONE YEAR Other credllors i¥ the secured loan advanced by G P Ganalra Charitable T¥usl of £50,000 12024.. £50,000). The loan is a 10 year loan repayable wrth accrued interest on 21 April 2031, or such other dale as agreed between the parties. Interest of £3.187 al tho rate of 4.5% per annum has been a￿rued in tho a¢¢ounts in accordance with Ihg agreement. MEMBERS. LIABILITY The company is limited by guarantee. not having a Share capital and consequenlty the liabilty of members is limrted, subject lo an undertaking by each member lo contribute lo the nel as8e15 or liabilities of the compary on wln¢JiThJ up such arw)unls as may be requlred not exceeding £1. Page 9 The Ra huvan hl Associ tlon Detailed Income and Ex enditure Account tor the Year Ended 31 Janua 025 31.1.25 31.1.24 Turnover Donations and other income 84,923 78,654 Cost of sales Direct costs 22,365 GROSS SURPLUS 42,558 54,430 Expèndlturo General and water rates and in$uTance Power, light and heat Repairs lo property Telecommunications Web design and softsvar6 cos18 Sundry expenses Charitable donations Depreciation ol tangible frxed assets Fixtures and fillings 6.785 2,275 5,141 1,017 719 2,565 652 7,008 2,394 7.377 1,017 480 $01 8.162 20,954 Flnance costs Non bank inlefe81 on loans NET SURPLUS This page does nol foTh part of the statutory financial statements Page 10