Charity number: 505959
Gujarat Hindu Society, Preston
Trustees, Report and Financial Statements
For The Year Ended.
31 March 2025
An lfidependent member ol
INTERNATIONAL

GUJARAT HINDU SOCIETY, PRESTON
CONTENTS
Reference and admnistrative details of the charity. its trustees and advisers
Trustees, report
Independent examiner's report
statemenl of financlal activities
Balance sheet
10
statemenl of cash flows
Notes lo the financial statements
12

GUJARAT HINDU SOCIETY, PRESTON
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR
THE YEAR ENDED 31 MARCH 2025
Trustees
D H Nayee. President (Appointed 17 September 2024)
ID Tailor MBE JP DL. Vice Pre5idenl (Appointed 17 September 20241
A M Jariwala, SecTelary (Appointed 17 September 2024}
A Limb8chia. Assistant Secretary (Appointed 17 September 2024)
B Panchal, Treasurer
N Parmar, Assistant Treasurer
M Marolia. Committee Member
B Maru, Committee Member
D Patel Committee member
R Valand, Committee Member
P Nayee Committee Member
J Parekh Committee Member
K Vara Committee Member
H Barber. Committee member
K Parekh
A Patel
J Patel
Holding Trustee- (Resigned 27 November 2024)
Holding Trustee
Holding Trustee- (Appointed 10 April 2024)
Charlty reglstered number 505959
Principal office
South Meadow Lane
Preston
PR1 8JN
Independent auditors
MHA
Richard House
Winckley Square
Preston
PR1 3HP
Bankers
HSBC PIC
40 Fishergate
Preston
PR12DP
Sollcitors
Harrison Drury
1 a Chapel Street
Winckley Square
Preston
PR1 8BU

GUJARAT HINDU SOCIETY, PRESTON
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual reporl together with the audiled finanaal slalemenls for the year ended 31
March 2025.
The financial slalements have been prepared In accordance with the accountlng policies set out in notes lo the
accounts and comply with Ihe charity's governing document, the Charities Acl 2011 and Accounling and Reporting
by Charities: Slatemenl of Recommended Practice applicable lo charitie5 preparing their accounts in accordance
with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland published In October 2019.
Oblectlves and Actlvllles
a. Policles and objeGt4ves
In selting objectives and planning for activities, Ihe Trustees have given due consideration to general guidance
published by the charlly Gommission relating lo public benefrt.
The principal object of the charity, which has not changed since the last annual report, is lo promote the Hindu
religion and the culture of Gujaral Hindu Community in Preslon and District. The Society is an unincorporated
association.
In order to further its objectives the Society:
Foslers and encourages the rellgious, cultural and inl8lleclual advancemenl of persons of the Hindu
falth resident in Preston and District.
b. Provides for other charitable purpose In conneGlion with the Hindu Religion.
Is aulhorised and empowered to (lo all such Ihings as shall be conducive lo the attainment of Ihe above
objects and aim.
The Society contlnues to atlach great importance lo fostering an understanding of and relatlonshlp wlth other
communities in the area.
b. Strategies for achiovlng obJe¢tlves
The Charity fulfils its objectives by ensuring that there is continuous contact and consullalion with members of the
HSndu community lo ensure that their cultural, religious and intelleclual requirements are being supported
wherever possible by Ihe Society. The Sociely produces ils monlhty Samaj Deep magazine which is distrlbuted
free to all Hlndu households in Preston and also posted lo members outside Preston.
c. Acllvltles for achleving objectlvés
Religious Events
The Temple Is open lo devotees who regularly attend for personal worship. Devotees also attend the major
religious festivals that are celebrated throughout the year, for example Shivratri. Ram Navmi, Janamashlami,
Diwali, NavralTi, Tulsi Vivah, Jalaram Jayanli. together with olher minor festivals during the year. Throughout the
year parents are encouraged to bring their children to the regular monthly bhajan bhojan for devotional singing.
Educatlon
The Gujarati mother tongue language school has an enrolment of 80 children laught by 7 sessional teachers. The
school consists of 5 classes which are run on Friday. Reception class Starts at age 6 years and after 7 years each
child normally attains a GCSE in Guj2r21i wilh high grades. Once a year a Parent8 Oay 18 organised to enable
parenls to meet with their children's respective teachers. There is also a prize giving for high allainmenl in each
class and a GCSE certificate presentation is made to the children. On the day children showcase their talents in
educational and cultural interests for their parents.

GUJARAT HINDU SOCIETY, PRESTON
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
CultUTaS
A wide range of ¢ultural activities are provided at the Centre. for example. classical and Bollywood dances for
children and music classes for children and adults.
Each year two major cultural events are celebrated at the Cenlre. India's Republic Day and Independence Day.
Al both of these events the community enjoy the presentations given by Ihe children and adults showcasing the
skills they have learned in the dancel musicl languagel singing classes.
Young children also participate in the annual Raas and Garba competition when organised by the Hindu Council
of Ihe North and bring home prizes lor their choreographic talents and best dressed costumes. When invited by
community inslilutions. young children and ladies perform dances to share the Hindu culture with the wider
community.
Visit5 to the Centre
The Society receives wsils from schools across Lancashire and Cumbria a5 part of their Religious Education
curriculum, as an extra- curricular activity and during the SACRE Youth Conference. An average of about 200
pupils together with their teachers visit the Centre per monlh during term time.
The Society provides informalion lo all visitors about the Hindu Gods. philosophy and w8y of lrfe. Children aro
shown around the Centre and in the Templa where they have the opportunity lo witness at first hand the practice
and religion of Hlnduism.
Visits are also received from groups of trainee teachers. youlh clubs. uniformed children's groups and groups
from Churches and other public sector organIsat￿nS.
Every year during the summer and autumn. welcome coaches of devotees from around the country lo have
darshan at the temple and bholan prasadi enroule lo their tourists deslinations.
Elderly Luncheon Club
The popular luncheon club for senior members of Ihe community runs on Monday and Friday lunchtimes with an
average atlèndance of 50 people. This aclivity enables Ihe elderly people to have tlme out al the Cenlre. meet
their peers and take part in exercise and share healthy living experiences. Some members are supported in
gelling to the Cenlre by transport provided by Lanc8shire County Council.
Yoga Actlvltles
Yog8 activities for health conscious adults are held once a week and these are open to all adults.
Hall Hlre
The Centre is used by the Hlndu Community for religious. social. educational and recreational acllvllles In the
evenings and weekends. The Society makes Ihe hall available for hire to the communily for weddings and other
communal gatherings.
Volunteers
The organisation is mariaged by a team of volunteers from the community who give their time freely and regularly.
Many of the volunteers have been trained on first aid and health and safety courses. The Centre owes ivs ongoing
success and achievements to the dedication of a large number of volunteers over many years.
If you wlsh to joln us in conlrlbutlng to and being part of our communlty please speak lo any member of the
Committee. You will be made very welcome.

GUJARAT HINDU SOCIETY. PRESTON
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Main activities undertaken to further the charity's purposes for the publiG benefit
The trustees confirm that they have referred to the guidance contained In the Charity Commission's general
guidance on public benefit when reviewing the charity's aims and objectives and in planning fuluTe actlvities.
Achlevements and performance
Revlew of actlvltles
The Society is continuing to develop its normal social. cultural and educational activities for bolh members of the
Hindu and the wider community. The trustees have leased the Wesl Cliff premises to a housing associalion who
have now developed and renovaled the property as sheltered accommodation for people over th8 age of 55.
b. Fundralsing activitieslincomg goneralion
The Society's principal financial objective has been to continue to ensure financial slability. The Society's
operating plan entails maximum use being made by the community of the Temple fa¢ililies, and the Trustees
anticipate that this. together with planned religious, cultural and other activities will support the conlinued focus
on fulfilling Ihe Society's objectives.
Invostment poll¢y and performance
The Management Commitlee has considered the most appropriate policy for invesling funds and considers that
Ihe Investment property held, plus the government savings bonds, meet their requirements lo generate both
Income and capStal growth. The Management Committee consider the return on investments in the year lo be
sallsfactory.
d. Factors relevant to achleve oble¢tlves
The Society attaches great importance lo maintainSng close and regular Conlacl wllh both the lo¢al communities
and civic aulhorilies. This is essential in promoting an awareness and understandlng of Ihe Hindu religion and
culture.
Flnanclal revlew
a. Golng concern
After making appropriate enqulries. the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational exislence for the foreseeable future. For Ihis reason they continue to adopt
the going concern basis in preparing the financial statemenls. Further details regarding the adoption of the going
concern basis can be found in the Accounting Policies.

GUJARAT HINDU SOCIETY, PRESTON
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
b. Reserves policy
Reserves as 8131 March 2025 were £3.121.670 (2024 - £3.036.4221. Free reserves were £1.279.293. The
reserves policy of the Trustees is to ensure that the Society commits as much funding as possible to furthering its
objectives, whilst retaining an amount of cash adequate lo cover a period of 12 months of expenditure with little
or no income arising. This need to conserve resources is particularly important In the current economic
environmenl when overhead costs are increasing and income is under pressure.
In additlon resources need lo be retained to ensure that Ihe facilities and services provided by the Society for ils
members meet the long term needs and expectations of the Community- The Society will continue lo minimise
costs lo mainlain salisfaclory reseNes. A substanlial reserve has been maintained for the future purchase of the
car park behind the Centre which is essential for the members. use vA)ilst attending the Cenlre.
¢. Prlnclpal fundlng
The charity's principal funding continues to be from charitable activilies and Collections from members.
structurè, governance and management.
Constitutlon
The Society was Constiluled on 11 September 1976 and is a registered un-incorporated charlty. number 505959.
b. Method of appolntment or election of Trustees
The managemenl of the Gharity is the responsibility of the Trustees who are elected and cfropled under the terms
of the Trust deed.
Pollcles adopted for tho Inductlon and training of Truslegs
The Trustees lake Te5ponslbility for ensuring that they have the skllls and knowledge required to fulfll thelr roles
efficlenlly and effectively. The Society regularly holds training sessions for Trustees to update Iheir understanding
of thelr roles and responsibilities.
d. Organlsatlonal structure and declslon maklng
The Trustoes hold office for an initial period of three years after which they may apply for re-election or resign. At
each Annual General Meeting, five members of the committee retire and. if eligible, may present Ihemselves for
re-election. Managemenl of the Society's affairs is entrusted to a Management Committee. No member of the
Management Committee may hold the same office for a continuous period of in excess of 3 years. Reporting to
the Management Committee are 8 sub-groups who are responsible for the primary operational activities of the
Sociely. The groups are- Religious, Education. Youth and Cultural, Hall Hire, Maintenance, GHS Enterprises and
Elderly Luncheon Club.
The property of the Socioty is held In trust by the Holding Trustees of the Soclety.

GUJARAT HINDU SOCIETY, PRESTON
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Risk management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the
operations and finances of the Gharily and are salisfied that systems and procedures are in place to miligale our
exposure lo the major risks.
Plans for future periods
Future developments
The Irustees vision for the future is to '.
Provide and further develop our services and facilities io the community
Encourage young people and women onto the board $0 that future board members reflecl Ihe community
the Society semces
Offer and deliver excellent and varied meeting facilities at Ihe Cenlre
Offer more attractive and optional hiring packages for soGial. leisure and educatTronal activities and events
Exlend the servlces provided to senior members of the Community
Ensure the flnan¢Sal stability of the Society for future generallons
Review current aclivlt185 and prepare strategic plans for the future.
Thlg report was approved by the Trustees on.2.7.4h. . JU LY...2f...and signed on their behaw by..
DHNay
PRESIDENT

GUJARAT HINDU SOCIETY. PRESTON
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GUJARAT HINDU SOCIETY, PRESTON
I report lo Ihe charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025
which are set out on pages 9 to 24.
Respon$ibllltles and basis of report
As the charity's tnjstees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Acl 2011 ('the Aci'}.
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 145{5}Ib} of the ACL
Independent oxamlner's statement
I have ¢ompleted my examination. I confimi that no material matters have come to my attenlion in connection with
th8 8xaminalion giving me cause lo believe that in any material respecl:
accountlng records were not kept In respect of Ihe charity as requlred by section 130 of the Act; or
the accounts do not accord with those re¢ords; or
the accounts do not oomply with the applicable requirements concerning the form and content of accounts
set out In the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl Ihat the
accounts give a 'true and falr vlew, which is not a matter considered as part of an independent examinatlon.
I have no concems and have come across no other matters in connection with the examination to whlch attention
should be drawn In this rewl in order to enable a proper understanding of Ihe accounts to be reached.
Nlcola Mason FCA DChA
MHA
Slalutory Auditor
Richard House
Winckley Square
Preston
PR13HP
6 November 2025

GUJARAT HINDU SOCIETY, PRESTON
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 MARCH 2025
Unre5trlcted
funds
2025
Restrlcled Endowment
funds
fund
2025
2024
Total
fund5
2025
Total
fund$
2024
Note
Income and endowments from:
Donations and legacies
Charilable aclivilies
Trading activities
Investment income
9,908
133.368
81,982
68,778
9,908
133,368
81,982
68,778
11,941
148,083
77,804
66,105
2,730
Total Income and endowmpnt$
294,054
2.730
296,784
303,933
Expendlture on".
Charitable activities
166,239
30,577
14,720
211,536
216,629
Total expenditure
166,239
30.577
14,720
211,536
216,629
Net incomel{expendlture)
before transfers
127,815
127,847)
{14,720)
85,248
87,304
Transfers between funds
14
Net movement In funds
127,815
(27,487)
(14,720>
85,248
87,304
Total funds brought forward
1,509,186
1,427,645
99,591
3,036,422
2,949,118
Tolal funds carriod foTward
1.637,001
1,399,798
84,871
3,121,670
3,036,422
The notes on pages 12 to 24 form part of Ihese financial statements

GUJARAT HINDU SOCIETY, PRESTON
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Nole
Fixed assets
Tangible assets
Investments
961.207
967.059
1,928,266
1,003,344
943,299
1,946,643
10
Current assets
Debtors
Cash at bank and in hand
11
12
1.196,721
1,094,263
1.196,721
1.094,263
Creditor$ amounts falling due within one
year
13
(3.317)
14,4841
Net ¢urrent assets
1,193,404
1,089,779
Total assets less ¢urrent liabilities
3.121,670
3,036,422
Credltors amount8 falling due after more
than one year
13
Net assets
3,121,670
3,036,422
Charity funds
Endowment funds
Restricted funds
Unrestricted fund$
14
14
14
84,871
1,399,798
1.637,001
99,591
1,427,645
1,509,186
3,121,670
3,036,422
The financial statements were approved by the Trustees on.2.7..M...S4ts7.. 2r
by..
-and signed on their behaEf
D H Nayee
PRESIDENT
Thè notes on pages 12 10 24 form part of these financial slalemenls
-10-

GUJARAT HINDU SOCIETY, PRESTON
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Cash flows from operating actlvltles
Nel cash Ilow from operating activities
59,208
68,532
Cash flow from Investlng activitles
Dividends. interest and rents from inveslmenls
Transfèr of investments
Purchase of tangible fixed assets
68,778
(23,760)
(1,768)
66,105
13,540)
Net cash generaledl{used) by investing aGlivities
43,250
62,565
Change in cash and cash equivalent in the year
102,458
131,097
Cash and cash equivalents brought forward
1.094,263
963,166
Cash and cash equivalents carried forward
1.196.721
1,094,263
Analysls of cash and Ga$h equlvalents
2025
2024
Cash at bank
Cash In hand
1,193,999
2,722
1,091.592
2.671
1,196,721
1,094,263
Reconcillation of net movement in funds to net cash flow from operatlng acllvlties
2025
2024
Net {expenditurellin¢ome for the year
85.248
87,304
Adjustment for:
Depreciation charges
Dividends, interest and rents from investments
Increasel(decrease) in creditors
43.g05
168,7781
(1,167)
45,684
(66.105)
1,649
Net cash flow from operating actlvilies
59,208
68.532
The notes on pages 12 10 24 form part of these financial slalemenls
-11-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A¢¢ounting policies
Basls of preparation of financlal slatements
The financial statements have been prepared in accordance with Accounting and Reporting by Charilies..
statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ord8nce with
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued in
October 2019 Icharilies SORP (FRS1021}. the Financial Reporting Standard applicable in the Unlled
Kingdom and Republic of Ireland (FRS 102). the Charities Acl 2011 and UK Generally Accepted Praclice.
The financial stalements have been prepared to give a true and falr view and have departed from the
Charities {Accounts and Reports) Regulations 2008 only to the exlent required to provide a true and fair
view. This departure has involved following the Accounting and Reporling by Charities: Statement of
Recommended Practice applicable lo charities preparing their accounls in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 rather
than the Accounling and Reporting by Charities: Slatement of Recommended Practice effective from 1
April 2005 which has since been withdrawn.
The Gujaral Hindu Society, Preston constilules a public benefit entity as defined by FRS 102.
The financial stalements are prepared on a going concern basis under the histori¢al cost convention. The
rinanclal statements are prepared in slerfing which 15 the functional curiency of the charity and are
rounded lo the nearest £1.
Fund accountlng
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the ¢harity and whlGh have not been deslgnated for other
purposes.
Reslricled funds are funds which are to be used in accordan¢e with specific restricllons Smposed by
donors or which have been raised by the charity for particular purposes. The costs of raislng and
administering such funds are charged against the specific fund. The aim and use of each reslricled fund
is sel out in the notes to Ihe financial slalements.
Income
All income is recognised once the charity has enlillement to the income, il is prob8ble ihal the income wlll
be recelved and the amount of income receivab￿ can be measured reliably.
Donated services or facilities are recognised when the charity h89 conlrol over the item, any ¢onditions
associated with the donated ilem have been met. the receipt of economic benefit from the use of Ihe
charity of the item is probable and that economic benefit can be measured reliably. In aG¢ordance with
the Charities SORP IFRS102}, the general volunteer time of the Friends is not recognised. Refer to the
Trustees. report for more infoTmalion about their conlribulion.
On receipt. donated professional services and donated facilities are recognised on the basis of the value
of the gift lo the charity which is the amount the charity would have been willing lo pay lo obtain servlces
or facilities of equivalent economic benefit on the open market- a corresponding amount is then
recognised in expenditure in the period of receipt.
Income lax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised
at the lime of the donation.
Income tax recoverable In relation lo investment income is recc*Jnised al Ihe lime the investmenl income
is receivable.
-12-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure
All expenditure (inclusive of VAT) is accounted for on an accruals basis and has been included under
expense categoTies that aggregate all cosls for alloCat￿n to activities. Where costs cannot be directly
attributed lo particular aclivilies. they have been allocated on a basis consistent with the use of the
resources.
Governance costs include those cosis incurred in the governance of the Gharily's assets and are
associated with constilulional and statulory requirements.
Direct costs are cosls directly related lo employment in. or the promotion of the Hindu religion and culture.
Support costs are all other costs incurred by the chartty which are not direct costs or governance costs.
Golng concern
The trustees are required to assess whether the use of going concem is appropriate, ie whether there are
any material uncerlainlies related lo events or condilions that may cast significant doubl on the ability of
the charitable company lo continue as a going concern. The Trustees make this assessment in respect
of a period of at least one year from the date of authori5ation of the accounts. At the dale of approving
these accounts the trustees have a reasonable expectation Ihal the Charity has sufficient cash re50ur¢es
lo enable il to meet its liabilities as they fall due for al least 12 months from the date of approval. Thus
the ITUStees conlinue lo adopt the going concern basis of accounting in preparing the financial statements.
Tanglble flxed assets and depreclatlon
Tanglble fixed assets are carried at cost. nel of depreciation and any provision for Impairment.
Depreciation is not charged on freehold land. Depreciation is provided at rales calculated to write off Ihe
cost of fixed assets, less their estimaled residual value. over their expected useful lives on the following
bases:
Freehold properly
Fixtures & fittings
2•h straight line
12.5% on reducing balance
Investments
Fixed asset inveslments are a form of finan￿al instrumenv and are initially recognised at Ihelr transaction
cost and subsequenlly measured at fair value at the Balance sheet date, unless fair value cannot be
measured reliably in which case it is measured at cost less impairment. Investment g8ins and losses,
whether realised or unrealised, are combined and shown in the heading 'Gainsl{losses) on investments,
n the Statement of financial aclivilies.
IntOTÈSt recelvable
Inte￿$t on funds held on deposit is included when receivable and th8 amount can be measured reliably
by the charity., this is normally upon notificalion of the inleresl paid or payable by the Bank.
-13-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Leasing and hire purchase
Assets obtained under hire purchase contracls and finance leases are capilalised as tangible fixed assets.
Assets acquired by finance lease are depreciated over the shorler of the lease term and their useful lives.
Assets a¢quired by hire purchase are depreciated over their useful lives. Finance leases are Ihose where
substantially all of the benefits and risks of ownership are assumed by the charity. Obligations under such
agreements are included in ¢reditors nel of Ihe finance charge allocated to future periods. The finance
element of the rental payment is charged to the Statement of financial aclivllies so as lo produce a
constant periodic rate of charge on the net obligation outstanding in each period.
1.10 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offèred.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.11 Cash at bank and In hand
Cash at bank and in hand includes cash and short term highly liquid inveslments with a short maturity of
three months or les5 from the date of acquisition or opening of the d8posiI or similar account.
1.12 Llabllltles and provlslons
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a pasl event,
it is probable that a transfer of economic benefit will be required in settlement, and the amount of the
selllement Can be eslimated reliably. Liabililies are recognised at the amount that the charity anticipates
il will pay lo settle the debt or the amount it has received as advanced payments for Ihe goods or s8Nices
il musl provide. Provisions are measured at the best estimate of the amounts required to settle the
obligation. Where the effect of the lime value of money is material, Ihe provision is based on the present
value of th059 amounts, discounted at the pre-tax discount rate that reflects the risks specific to the
1Sability. The unwinding of the discount IS Tecognised within interest payable and similar charges.
1.13 Flnanclal instruments
The charity only has financial assets and financial liabililies of a kind Ihat qU81ify as basic financial
instruments. Basic financial inslrumenls are initially recognised at transaction value and subsequently
measured al their settlement value.
1.14 Critical estimates and judgements
The charity makes eslimales and assurnplions concerning the future. The resulting accounling eslimates
and assumptions will, by definition. seldom equal the related actual resulls. The estimates and
assumptions that have a significant risk of causing material adjuslmenl lo the carrying amounts of assets
and liabilities relate to the valuation of fixed assets and investment pollcy. See the accounting policy for
basis used for valuation.
-14-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Donations and legacies
Unrestricted
funds
2025
Restrlcted Endowment
funds
funds
2025
2025
Total
funds
2025
Total
funds
2024
Donations
9,908
9,908
11,941
All donations in the current and prior year related lo unrestricled fvnds
Income from charltable actlvltles
Unr#strlct•d
funds
2025
Restrlcted Endowment
funds
funds
2025
2025
Total funds
Total funds
202S
2024
Soclety objectlve5
Prayer hall donations
Prayer hall Arali box
Religious festivals
Samaj Deep
General Cultural adivities
Gau Grass
Language lultlon
Elderly group
3,416
45,375
58,074
4,816
8.768
3,416
45,375
58,074
4,816
8.768
2.730
2.100
10.837
3,615
43.685
75.236
5,224
7,785
2,138
2,010
8,390
2,730
2.100
10.837
Total
133.386
2,730
136,116
148,083
Prlor year
Unrestricted
funds
2024
R•$trictèd
funds
2024
Endowment
funds
2024
Total fvnds
Total funds
2024
2023
So¢lety objectlves
Grants
Prayer hall donalions
Prayer hall Arati box
Religious festivals
Samaj Deep
General cultural aGlivilles
Gau Grass
Language tuition
Elderly group
3,615
43,685
75,236
5,224
7,684
3.615
43,685
75,236
5,224
7,785
2,138
2,010
8,390
2.391
40.286
57.651
6,170
11,471
2.138
2,010
8,390
1,650
9,886
Total
145.844
2.239
148,083
129,707
-15-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Tradlng activities
Unrestricted
funds
2025
Re$trlcted Endowment
lunds
funds
2025
2025
Total
funds
2025
Total
Funds
2024
Profit on sale of religious items
Wedding hall hire
GHS Enterprise income
2,473
13,562
65.947
2,473
13,562
65,947
2.731
11,453
63,620
Total
81.982
81,982
77,804
Income from trading activities in Ihe year ended 31 March 2024 and the prior year ended 31 March 2023
was all unrestricted.
Investment Income
Unrèslrlcte
funds
2025
Restricted Endowment
funds
fund$
2025
2025
Total funds
Total
funds
2024
2025
Bank Snterest receiv8ble
Rental inGorne
Interest on bonds
24382
36.153
8,243
24,382
36.153
8.243
21,803
37,312
6,990
Total
68,778
68,778
66,105
Prior year
UnTestricted
funds
2024
Restrl¢t¢d
funds
2024
Endowmant
funds
2024
Total funds
Total
funds
2023
2024
Bank interest receivable
Rental income
Interesl on bonds
21,803
37,312
6.990
21,803
37.312
6.990
3.189
37,312
5,264
Total
66.105
66.105
45,765
-16-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expenditure on Charitable activilles
Unrestrlcted
fuftds
2025
Restricted Endowment
funds
funds
2025
2025
Total lund5
Total funds
2025
2024
Dlrect
365 day service expenses
Religious festivals
General cultural aclivilies
Gau Grass
Elderly Group
Language tuition
Samaj De8p
Advertising
Wages and salaries (note 8)
170
9,979
6,598
170
9,979
6,598
201
3,213
229
3,614
2,332
44,384
70,720
3,793
27,269
10.917
3.880
3,114
78
4,143
572
38,525
92,291
201
3.213
229
3,614
2,332
29,664
55,799
14,720
14,720
201
Support
Telephone
Rates and water
Printing, postag8 and slalionery
General expenses
Insurance
Heat and light
Repairs and malntenance
Depreciallon
Govemance eosls (note 7)
3,152
6,182
2,065
17,825
11,038
19,261
34,309
13,529
3,079
110.440
3,152
6,182
2,065
17,825
11,038
19,261
34,309
43,905
3,079
140,816
1,276
4,782
1,187
17.093
10.445
17,481
20,640
45,684
5,750
124,338
30,379
30,376
14,720
Total
166,239
30.577
14,720
211,536
216,629
-17-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charltable activities (Continued)
Prlor year
Unrestrlcted
fund$
2024
Restricted Endowment
fund5
fund$
2024
2024
Total fund5
Total funds
2024
2023
Dlrect
365 day service expenses
Religious festivals
General cultural aclivities
Gau Grass
Elderly Group
Language luilion
Samaj Deep
Advertising
Wages and salaries {note 8)
3.793
27.269
10.816
3.793
27,269
10,917
3,880
3,114
78
4,143
572
38,525
92,291
8,245
8,909
101
3,880
3,114
78
4,143
572
24,467
74,252
4,315
1,863
4,114
1,440
26,762
55.648
14,058
14,058
3,981
Support
Telephone
Rates and water
Prinling, postage and stationery
General expenses
Insurance
Heal and Ilght
Repairs and maintenance
Depreciation
Governance Costs (note 7)
1,276
4,782
1,187
17,093
10,445
17,481
20,640
13,920
5,750
92,574
1,276
4,782
1,187
17,093
10,445
17.481
20,640
45,684
5.750
124.338
1,265
4,841
1,181
9,515
10,107
17.561
52.591
44,163
3.350
144.574
31.764
31.764
Total
166,826
35.745
14,058
216,629
200,222
Governance costs
Unrestricted
fund5
2025
Réstrleted
funds
2025
Endowrnent
funds
2025
Total
funds
2025
Total
funds
2024
Accountancy
3,079
3,079
5,750
3.079
3,079
5,750
All governance costs in the current and previous year related to unrestricted funds.
-18-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Slaff costs
Staff costs were as follows-
2025
2024
Gross
Employer's NIC
41,830
2.553
36.425
2,100
Tolal
44.384
38.525
2025
2024
Employees
13
13
No employee received remuneration amountlng to more than £60.000 in ellher year
Key management personnel are considered lo be the following .
D H Nayee, President
ID Tailor MBE JP DL, Vice Presldent
A M Jarlwala, Secretary
B Panchal. Treasurer
None of the above have received any remuneration in kind or any reimbursement of expenses12024
£nil).
During the year. no Trustees, received any remuneration, benefSts In kind or any relmbursement of
expenses (2023 - £nll)
-19-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Tangible fixed assets
Freehold
Flxture$
property and Fittings
Total
Costs
At 1 April 2024
Additions
1,585,310
309,625
1,769
1,894,935
1,769
At 31 March 2025
1,585.310
311.394
1,896,704
Depreciation
At 1 April 2024
Charge for year
698,205
29,206
193,387
14,699
891,592
43,905
At 31 March 2025
727,411
208,086
935,497
Net book value
At 31 March 2025
857,899
103,038
961,207
At 31 March 2024
887.105
116,238
1,003,343
Included in the land and buildings is freehold land at valuation of £125.000 (2024 - £125.0001 which is
not depreciated.
-20-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10
Flxed asset investments
Valuatlon
The property at 48 West Cliff. Preston was valued by Lea H￿jgh Chartered Surveyors in J8nuary 2016
at £540,000 (cost £400,195).
The property at 48 West Cliff, Preston was previously valued on the basis of open market value on 19
September 2000 by Eckersl6y & Co Chartered SuNeyors al £250.000.
The propety at 54 South Meadow Lance was valued by Lea Hough Chartered Surveyors in January 2016
at £90,000 (cost £60,372)
The property al 48 South Meadow Lane has not been valued externally since ils purchase in 2013. The
trustees believe that thls valuation is still appropriate for the property.
2025
2024
48 West Cliff, Preston
Seva Bond 1
Seva Bond 2
Skipton Seva Bond
54 South Meadow Lane
48 South Meadow Lane
540,000
540,000
42,000
105,000
170,760
90,000
166.299
90,000
166.299
967,059
943,299
-21-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11
Debtors
2024
2023
Prepaymenls and accrued Income
12
Cash at Bank
2025
2024
Sklplon Bullding Society Bond 3
Virgin Money
HSBC
HSBC- GHS Enterprise
Skipton Building Society - Bond 1
Skipton Build￿ng Sociely Bond 2
Community Saver- Bond 5
Cash in Hand
223,054
228,020
127.370
11,782
42.267
105.651
455.852
2.725
430,295
222,670
358.141
80,486
2,671
1,196,721
1,094,263
13
Creditors: Amounts falling due withln one year
2025
2024
Accruals and deferred income
3,317
4,484
3,317
4,484
-22-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14
statement of funds
Current year
Balance at 1
Aprfl
2024
Balance at
31 March
2025
Transfers
Inlloul)
Income Expenditure
Unrestrlcted funds
General funds
1,509,186
294,054
(166,239)
1,637,001
Endowment funds
365 day service fund
99,591
(14,720}
84,871
Reslrlcted funds
Temple restoration fund
Stage lighting furKI
Gau Grass
1,420,434
7,211
{29,206)
{1.170)
(201)
1,391,228
6,041
2.529
2,730
Total
3.036,422
296,784
{211,536)
3,121,670
Prlor year
Balance al 1
Aprll
2023
Balance at
31 March
2024
Transfers
Inl{out)
Income Expenditur•
Unrestricted funds
General funds
1,376,060
301.694
{166,826)
{1.742}
1,509,186
Endowmentfunds
365 day service fund
113,649
(14,058)
99,591
Restrict¢d lunds
Temple restoration fund
stage lighting fund
Cultural Activities
Gau Grass
1.451.168
8.241
{30,734)
(1.030)
{1011
(3,880)
1,420,434
7,211
101
2.138
1,742
Total
2.949,118
303,933
{216,629)
3,036,422
-23-

GUJARAT HINDU SOCIETY, PRESTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14
Statement of funds (continued)
Unrestricted funds- Funds which are available for use at the discretion of the Trustees in the furtherance
of the general objeclives of the Gharily.
Permanent endowment funds- The original 365 day Se￿iCe fund was set up in 1985. The income from
the investment held by the fund is available to be used lo support the general cultural, religious ar)d social
activities of the Society-
Restricted funds - The temple restoration fund was established in 1997 to provide for the building of Ihe
new cultural and religious centre. The building was compleled in 2000.
15
Analysis of net ass¢t$ between funds
Current year
Unrestricted
funds
Re$trlet8d
funds
Endowment
funds
Total
funds
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
101.409
427.059
1,111.850
{3,317)
859,798
540,000
961,207
967,059
1,196,721
13,317)
84,871
1,637,001
1,399,798
84,871
3,121,670
Prloryear
Unrestrlcted
funds
Ro$trlct•d
funds
Endowment
funds
Total
funds
Tangible fixed assets
Fixed 8ssel inveslmenls
Current assets
Creditors due within one year
115.699
256,299
1,141,672
14,484)
887,645
540,000
1,003,344
943,299
1,094,263
14,484)
147,000
{47,409)
1,509,186
1.427,645
99,591
3,036.422
16
Related party transactions
There were no related party transactions during the year.
17
Conlrolllng party
The charity is controlled by the Truslees.
-24-