REGISTERED CHARITY IYUMBER: 502515 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 FOR SHREE GUJARATI HINDU SATSANG MANDAL
SHREE GUJARATI HINDU SATSANG MANDAL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Page Report of the Trustees Independent Examiner's Report Statement of Flnancial A¢tivities Balance Sheet Not to the Financial Statements 10 to 16 Detailed Statetnent of Financial ActivStles 17 to 18
SHREE GUJARATJ HINDU SATSANG MANDAL REPORT OF THE TRUSTFES FOR THE YEAR ENDED 31ST DECEMBER 2024 The trustees present their report with the financial statements of the charity for th¢ year ended 31 st December 2024. The tNst¢es have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The constitutional objectives relate to the Hindu religion and the Gujarati community in Coventy and surrounding districts. The obj¢ctiv¢s are to promote the religion, maintain a plare of worship, provide religious services and language lasses and ¢ncourage the religious, cultural and intellethal advancement of p¢rsons of the Hindu faith. The management committee and the holdlng trust¢es have considered the Charity Commission's guidance on publi benefit and, in particular, th¢ specific guidance given on chariti¢s and the advancement of religion. The work of the temple gives rise to public benefit by enabling ordinary people to live out their Hindu faith as part of the community through: A) The rnaint¢nance of a place of Hindu worship with the services of a priest who is tasked to serve lh¢ deities and meet the spiritual and religious needs of d¢votees. B) The provision of resources for th¢ t¢aching of the Hindu scriptures and developing their Hindu faith. C) The provision of pastoral care for the congregation and local people. Volunteer5 The Charity r¢quired approximately 15.300 hours of volunteer's efforts in the year to cany out its obligations partilarlY in the areas of maintenance, preparation and management of festivals, events, catering and administration. It is difficult to attribute an economic value to this contribution that the volunteers make of their time but it is crucial to the basic ftmction of the Charity. The cornmittee ensures that best value is derived from the efforts of the volunteers. Page I
SHREE GUJARATI HINDU SATSANG MANDAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Charitable activlties Promote the Hindu Reli ion Th¢ organisatlon planned, promoted and provided Hindu religious services and activities to c¢l¢brate a range of festivals and other culthral events appropriate for the Gujarati community in Coventry. Maintain lace of Worshi The organisation monitored, managed and maintained the Temple and its complex of community buildings at Harnall Lane West. Thc ag¢ of the building results in the building requiring. regular attention. greater involvement of professional help. development of projects with fund raising aspects" gr¢ater consideration of health and Safety issues. Provide Reli ous Services Tbe organisatioTh provided.. thre¢ religious seTvices per day throughout the year, provided Hindu and registry weddlng s¢rvi¢es, organised Monthly activitie5 Suitable for Hindu young people, facilitated and welcomed school and other organisational visits. Such visits hav¢ b¢cn limit¢d due to building work being carried out but will continue once work is complete. Provide lan a e classes The organisation supported its Gujarati school, (operated in house). The school provides lesson5 to learn the Gujarati language. Students are taught to understand better their culturdl traditions. background and customs of the community. Lessons are held on Friday evening under the supervision of teachers. Such lessons continue to be limited due to building work being carried out. Encoura the reli ious cultural and intellecal advan¢em¢nt of rsons of the Hindu faith All major religious festivals are celebrated; the Temple priest offers brief commentary on Hindu aspects weekly and at limes of festivals. The Temple hosts spiritual sp¢akers and guides. Devotional Grou s The charity extend their support and work together with the Bhajan Mandal and Mela Mandal devotional, spiritual and religious groups which continue to meet r¢gularly to promote faith and culture. Charitable activities The policy of arranging for local schools to organise visits to the Temple has continued (subject to building work being carried out) and the Temple making small donations of gifts andlor support of good causes has continued. We are. therefore. happy to report that we have achieved our objectives this year. We can confirni that the activities of the Charity provide a public benefit to those who worship at our Temple and the local community. The primary measure of success 01 failure of these activities is the nurnber of people maklng use of the Temple and the services it provides. We have seen some increase in the number of p¢opl¢ attending th¢ Temple. The number of people making use of the sports hall has not significantly changed. Issues outstandin from last ear5 r¢ A) Temple refiLrbishm¢nt: Continue the execution of the nine-stage plan subject to fees. B) Religious and Social Activities: Page 2
SHREE GUJARATI HINDU SATSANG MANDAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 The rharity must continue to plan, host and arrange n¢w or improved religious and social events in order to generate improved levels of income to the general fund. Those funds can then be applied to the rebishment work when necessary. C) Conlinue to identify and recruit a longer terni executive committee members and develop longer terni planning. Othermattersarisin durin the ear A): Temple Refurbishment: The building extension and r¢furbishment program w&$ virtually completed and only minor work rernain¢d. B) Religious and Social Activities: In this year the ten]ple continued to ¢ngage in plannin& hosting and arranging improved religious and social cvents and generate improved levels of income to the general fund as more people attended the temple. In particular some cultural drama presentations were mad¢. C) Progr¢ss was made in recrniting a longer terni ¢xwutive Conunittee. For the future the following issues need to be adth¢ss¢d: Final works of Temple rerbiShment. l. Installation of some items of equipment in th¢ kitchen. 2. Tanking, (waterproofing). of the kitchen wall. 3. Final works in the priest preparation area. 4. Installation of the shikhara dome. FINANCIAL REVIEW Reserves policy Over and above the R¢stricted Funds, it is the policy of the Charity to maintain unrestricted reserves not committed or invested in tangible assets, which are the free reserves of the Charity, at a level, which equates to approximately three years unrestricted expenditure. This should provid¢ sufficient ndS to cover operational costs of the current activities of the Charity in the event of a significant decline in donations income. The period would then giv¢ suffi¢ient time to consid¢r how the funding would be replaced or the activities changed. In addition, the unrestricted reserves also need to be available to fund future Work anticipated on the Temple and any other planned capital expenditure should the Charity be required to do so within a short tilnescale. The target levels for free reserve5 have therefore not been achieved. For the foreseeable future, net incoming resources will be accumulated, subject to the capital expenditur¢ planned. until the target levels are achieved. STRucfuRE, GOVERNANCE AND MANAGEMEiYr Governing document The Charity was established in 1973 and is govemed und¢r the rules laid down in its Constitution of 1973 a5 amended on 24th November 1991, 17th April 1994, 5th July 2012, 12th June 2016 and 23rd November 2019. Page 3
SHREE GUJARATI HINDU SATSANG MANDAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMEKr Organisational strueture Charity and Holding TnteeS of SGHSM are elected by members using a democratic ¢lectoral system and serve a tern) of two and four years respectively. New truste¢5 do not receive fornial training but are guided in their duties by the Cxisling trust¢¢s. The Executiv¢ Committee (Charity Trustee5) of SGHSM meet fortnightly (and ad hoc when required) to consid¢r the proper running of the Trust and its activities. There are time limited sub-committ¢es which deal with specific issues and matters as dir¢ct¢d by the Executive Committee. Those sub-groups report to the Executive Committee, which then considers their recommendations. The Holding Trustees of SGHSM are responsible and entrusted by the membership to be the signatories and keep safe custody of the Deeds of the freehold land of the Trust as its fixed asset. They meet the officers of the Charity for regular briefings and when necessary meet the Executive Committee by invitation. REFERENCE AND ADMINISTRATIVE DETAILS Regislered Charity number 502515 Prineipal address Harnall Lane West Coventy CVI 4EZ Trustees President Hitesh Mehta / Vice President Rajesh Parekh / Secrelary Nalin Pankhania (resigned 02.04,2024) Assistant s¢tary Shailesh Patel Alpa Charan v Acting Treasurer Ashwin Rathod Management Committee Members Jasmine Chauhan Gita Patel rf Ashok Bhatti Dbananjay Soni b" Hitash Patel Vasanti Chauhan Harish Dhokia Holding Trustees Arjunsingh Kosambia Chandrakant Patel (deceased on 07.01.2025) Raman Mistry - Kumud Rav o Indravadan Damania Bankers Lloyds TSB Bank Pl 30 High Street Coventy West Midlands CVI 5RA Page 4
SHREE GUJARATI HINDU SATSANG MANDAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Approved by order of the board of trustccs on 7th May 2025 and SI)ed on its behalf by: TnJ5tee Page 5
INDEPENDENT EXAMJNER'S REPORT TO THE TRUSTEES OF SHREE GUJARATI HINDU SATSANG MANDAL Independent examiner's report to the trustee5 of Shree Gujarati Hindu Satsang Mandal I report to the charity trustees on rny examination of the accounts of Shree Gujarati Hindu Satsang Mandal (the Trust) for the year ended 3 1st December 2024. Responsibilitie5 and basis of report As the charity trnstee5 of the Trust you are responsible for the preparation of the accounts in accordance with th¢ requirements of th¢ Charities Act 2011 (Yhe Act,). I report in r¢sp¢ct of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no matsrial matters have come to my attention in connection with the examinalion giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the forn] and content of accounts set out in the Charities (A¢rounts and Reports) Regulations 2008 other than any requirement that the accounts give a te and fair view which is not a Matter considered as part of an ind¢pendent examination. I have no concerns and have come across no other matters in connection with the examination to which attenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. R Pau & Co Limited I Patani Associates Limited 7th May 2025 fj. PATANI & CO. 16 LYfHALLS LANE COVENfRY CV6 6FG TeVFax: 024 7668 4443 AND RECISYKXEII AUDITORS Pagc 6
SHREE GUJARATI HINDU SATSANG MANDAL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted fi]nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 124.777 303 l25,080 256,113 Other activities Investment incom¢ 5,607 2,338 5,607 2,338 35,033 2,021 Total 132,722 303 133,025 293,167 EXPENDITURE ON Raising funds 102,706 102,706 119,984 Other 39.892 39,892 44,511 Total 142,598 142,598 164,495 NET INCOME/(EXPENDITURE) (9,876) 303 (9,573) 128,672 RECONCILIATION OF FUNDS Total fijnds brought foThvard 1,537,789 128,317 1,666,106 1,537,434 TOTAL FUNDS CARRIED FORWARD 1,527,913 128,620 1,656.533 1,666,106 The not¢s fonn part of these financial statements Pag¢ 7
SHREE GUJARATI HINDU SATSANG MANDAL BALANCE SHEET 31ST DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted nds Notes FIXED ASSETS Tangible assets 1,475,275 1,475,275 1,460,105 CURRENT ASSETS Debtor5 C&8h at bank and in hand 26.363 39,917 26,363 168,537 38,762 174.154 128,620 66,280 128,620 194,900 212,916 CREDITORS Amounts falling due within on¢ year io (13,642) (13,642) (6,915) NET CURRENT ASSETS 52,638 128,620 181,258 206,001 TOTAL ASSETS LESS CURRENT LIABILITIES 1,527,913 128,620 1,656,533 .666,106 NET ASSETS 1,527,913 128.620 1,656,533 1,666,106 The notes fonn part of these fmancial ststements Pag¢ 8 continued...
SHREE GUJARATI HINDU SATSANG MANDAL BALANCE SHEET- continued 31ST DECEMBER 2024 FUNDS Unrestricted funds Restricted funds: Property Maintenance fund Raj Bhog nd Shiv Abhishek fund 1,527,913 1,537,789 76,201 36,966 15,453 76,201 36.966 15,150 128,620 128,317 TOTAL FUNDS 1,656,533 ,666,106 Th¢ financial 5tatemeT]ts were approved by the Board of Trustees and authorised for issue on 7th May 2025 and w¢r¢ sign¢d on its behalf by.. Trustee H IZI H MEHfA- . TNst¢e L3L;ItLgl fda Trustee The notes forni part of these financial statements Page 9
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST DECEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The fmancial statements of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelalld (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The fanCIal statements have been prepared under the historical cost convention. Donation and legacies All incoming resources are included on the Statement of FRnancial Activities when the Charity is legally entitled to the income and the an]ount can b¢ quatified with reasonable accurdcy. Expendilur¢ Liabilities are recognised as expenditure &8 soon as there is a legal or constructive obligation Committing the charity to that expenditure, it is probabl¢ that a transfer of economic beneflts will be r¢quir¢d in settlem¢nl and the amount of the obligation can be measured reliably. Expenditure is ac¢ount¢d for on an accruals basis and has been classified under headings that aggregate all cost related to the Category. Where costs cannot be directly attributed to particular headings they have b¢¢n allocated to activitie5 on a basis consistent with the use of r¢sources. Tangible fixed assets Tangible fixed asset5 are stated at historical cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off asset over its estimat life. Freehold land and buildings Lift Fixtures and fittings Deities and jewellery 20/(tr on cost 200/0 on redu¢ing balance IOO/o on reducing balance no depreciation Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with th¢ charitable objectives at the discretion of the trustees. Rcstricted fimds can only be used foT particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when fid5 are raised for particular restricted purposes. Further explanation of the nature and purpose of ¢ach fund is included in the notes to the financial statem¢nts. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statelnent of Financial Activities in the period to which they relate. Debtor5 Ydnd creditor5 receivable I payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one y¢aT are recorded at transaction price. Any losses arising from impairn]¢nt are recognised in the profjt and loss account in other administrative expenses. Page 10 continued...
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31ST DECEMBER 2024 OTHER ACTIVITIES 2024 2023 Hall hire. Religious and social activities 4,601 1,006 7,019 28,014 5,607 35,033 INVESTMENT INCOME 2024 2023 Deposlt account interest 2,338 2,021 114ISING FUNDS Raising donations and legacies 2024 2023 Staff costs Rates. water and insurance Light and heat Telephone Printing and slationery Sundries Donations Religious and social activities Repairs and maintenance Cleaning and s¢¢urity Groceries 40,885 4.995 12,608 1.224 1,042 1,827 250 13,951 3.813 18,017 4,094 34,967 4,632 11,373 679 656 1,732 14,160 22,722 6,192 13,320 9,551 102,706 119,984 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 3 1st December 2024 nor for the year ended 31 st December 2023. Trustees, expenses TheTe were no trustees, expenses paid for the year end¢d 31st December 2024 nor for the year ¢nded 31 st December 2023. Pagell ontinued...
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBFR 2024 STAFF COSTS The average monthly number of employees during the year was as follows.. 2024 2023 Priests No employees received emoluments in excess of £60,000. There are no high paid staff. COMPARATtVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 255,810 303 256,113 Other activities Inv¢stm¢nt income 35,033 2,021 35,033 2.021 Totsl 292,864 303 293,167 EXPENDITURE ON Raising ndS 119,984 119,984 Other 44,511 44,511 Totsl 164,495 164,495 NET INCOME 128,369 303 128,672 RECONCILIATION OF FUNDS Total funds brought fonvard 1,409,420 128,014 1,537,434 TOTAL FUNDS CARRIED FORWARD 1,537,789 128,317 1,666,106 Page 12 continued...
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31ST DECEMBER 2024 TANGIBLE FIXED ASSETS Freehold land and buildings Fixtures and fittings Lift COST OR VALUATION At I st January 2024 Additions 1,640,310 25,000 66,345 118,547 At 31 st December 2024 1,665,310 66,345 118,547 DEPRECTIoN At I st January 2024 Charge for yeaT 298,609 32.386 64,851 299 90,973 2,757 At 31 st December 2024 330,995 65.150 93,730 NET BOOK VALUE At 31 st December 2024 1,334.315 1,195 24,817 At 31 st December 2023 1,341,701 1,494 27,574 Deities Jewellery Totals COST OR VALUATION At I st January 2024 Additions 84.864 25,612 4,472 1.914.538 50,612 At 3 1st December 2024 110,476 4,472 1,965,150 DEPRECIATION At I st January 2024 Charge for year 454,433 35.442 At 31 st December 2024 489,875 NET BOOK VALUE At 3 1st December 2024 110,476 4,472 1.475.275 At 3 1st Der¢mber 2023 84,864 4,472 1,460,105 Cost or valuation at 3 1st December 2024 is represented by.. Freehold land and buildings Fixtures and fittings Lift Cost 1,665,310 66,345 118,547 Deities Jewellery Totals Cost 110,476 4,472 1,965,150 Page 13 continued...
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Gift aid receivable Ptepaymcnts 11,525 12,760 2,078 100 37,535 1,127 26,363 38,762 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 PAYE and national insuranc¢ Other ciedilors 1,042 12,600 1,924 4,991 13,642 6,915 11. MOVEMENT IN FUNDS Net mov¢ment An funds At 31112124 At 111124 Unrestrleted funds General fund 1,537,789 (9,876) 1,527,913 Restricted funds Propety Maintenance fund Raj Bhog ftd Shiv Abhishek fund 76,201 36,966 15,150 76,201 36,966 15,453 303 128,317 303 128.620 TOTAL FUNDS 1,666,106 (9,573) 1,656,533 'et movement in fimds. included in the above are as follows: Incoming resources Resources expended Movement in fidS Unrestrleted funds General fund 132,722 (142,598) (9,876) Restricted funds Shiv Abhishek nd 303 303 TOTAL FUNDS 133,025 (142,598) (9,573) Page 14 ontinued.,.
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STA TEMENTS - eontinued FOR THE YEAR ENDED 31ST DECEMBER 2024 ii. MOVEMENT IN FUNDS - continued Comparatives for movement in fund5 Net movement in funds At 31112123 At 111123 Unrestricted funds General fund 1.409,420 128,369 1,537,789 Restricted funds Property Maintenance fund Raj Bhog fund Shiv Abhishek fund 76,201 36,966 14,847 76,201 36,966 15,150 303 128,014 303 128,317 TOTAL FUNDS 1,537,434 128,672 1,666,106 Comparative net movement in funds, included in the abovc aT¢ as follows: Incoming resour¢¢5 Resources ¢xp¢nd¢d Movement in funds Unrestricted funds General fijnd 292,864 (164,495) 128,369 Restricted funds Shiv Abhishek fund 303 303 TOTAL FUNDS 293.167 (164,495) 128,672 Property Maintenance The property maintenance fiuld represents fund5 Set aside to provide for repairs, maintenance and refurbishment of the Charitys premises. Thi5 was established in 1992. The fund received 366 donations of £1 O l each from individual members of the congregation. Interest received from this fund is deposited into the current account and only be applied to the purchase of food offerings made daily. This was established in 2010. The fund receives donations of £10 l from individual mernb¢r5 of the congregation. The int¢r¢st earned from this fund is applied to the purchase of milk offerings to Lord Shiva. As at 31 st December 2024 the fund had 153 donations of £ l O l each (31 st Deceftnber 2023 150 donations of £101 each). Raj Bhog Shiv Abhishek Page 15 continued..-
SHREE GUJARATI HINDU SATSANG MANDAL NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED31ST DECEMBER 2024 12. RELATED PARTY DISCLOSURES There wer¢ no related party transactions for the year ended 3 1st December 2024. 13. BUILDING IMPROVEMENT FUND The cash at bank and in hand unrestricted fund balancc of £41,912 includes the 5epaTate bank account. (balance at 31.12.2024 of £9,917), used to control all spending on the new building project. All monies used for spending on the new building project are paid into this bank account so that all expenditure on the new building project is mad¢ from this d¢dicat¢d bank account for b¢ll¢r control. There are three main sources of payments into that accounL donations specifically for the new building project, external funding and the general fund. 2020 2021 2022 2023 2024 Opening balance Net receipts from internal funds Gift aid allocated to this fund Donations received Building project expenses Bank charges 140,870 50,000 38,437 89.647 116,156 258,289 20.517 26,575 15.554 41,572 67,407 153,979 100,335 (42,751) (401,236) (268,399) (21) (77) (82) io,ioo 25,000 138.767 (291,196) (4) 25,478 (50,613) (48) Closing balance £38,437 £89,647 £116,156 £io,ioo £9,917 Page 16
SHREE GUJARATI HINDU SATSANG MANDAL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total funds 2023 Total nds Unrestricted fllnds Restrict¢d funds INCOME AND ENDOWMENTS Donations and legacles Donations Sundry income Gift aid receivable 105,288 5,750 13,739 303 105,591 5,750 13,739 212,068 6,510 37,535 124,777 303 125,080 256,113 Other activities FIall hire Religious and social activiti¢s 4,601 1,006 4,601 1,006 7,019 28,014 5,607 5,607 35,033 Investment income Deposit account interest 2,338 2,338 2,021 Total incoming resources 132,722 303 133,025 293,167 EXPENDITURE R8ising donations and legacies Gross salaries and national insUrce Pensions Rates, water and insurance Light and heat Telephone Printing and stationery Sundries Donations Religious and social activitie5 Repairs and maintenance Cleaning and security Groceries 40,143 742 4,995 12,608 1,224 1,042 1.827 250 13,951 3.813 18,017 4.094 40,143 742 4,995 12,608 1,224 1,042 1,827 250 13,951 3,813 18,017 4,094 34,198 769 4,632 11,373 679 656 1,732 14,160 22.722 6,192 13,320 9,551 102,706 102,706 119,984 Olher Depreciation of tangible fixed assets Loss on sale of tangible fixed assels Bank interest and charges 35,442 35,442 35,323 3,380 917 .012 1,012 36,454 36,454 39,620 This page does not forni part of the statutory fman¢ial statements Page 17
SHREE CUJARATI HINDU SATSANG MANDAL DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total funds 2023 Tolal funds Unrestricted funds Restricted funds Support costs Governance costs Professional f¢es 3,438 3,438 4.891 Total r¢sowces expended 142,598 142,598 164,495 Net income (9,876) 303 (9,573) 128,672 This page does not forn] part of the 5tstutory fmancial statements Page 18