SHAHEED UDHAM SINGH TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Nuinber.. 507576 1
SHAHEED UDHAM SINGH TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Managing Treasiirer Mr Aiiii'ik Siiigh Mallii Registered Office 34() Soho Road Haiidswortli BirniingTliam B219QL Bgdnlcers Lloyds Baiik Accountants K P Associates Cei'titied Public Accountants Faii'gate house 205 Kiiig7s Road Tyseley Birmiiigliain B112AA Page l.
SHAHEED UDHAM SINGH TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contents: Pagyes 3. Managiiig Ti'ustee's Report Auditor's Repoi't Income & Expenditure A/c. Balance Sheet Page 2.
SHAHEED UDHAM SINGH TRUST FIINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 The Maiiaging Ti'iistee pi'esents Iiis i'eport and the alid ited financ ial stateinent of the ti'ust foi" the year ended 31 March 2024. Mana&ying Ti'LlStee' s Responsibi l ities: In appi'oviiigi these finaiicial stateineiits as Maiiagiiigy ti'iistee I liei'ebv coiitii'm tliat., For the pei'iod iii qliestioii tlie ti'ust was eiititled to exemptioii uiider sectioii 477 Of Tlie Coinpanies Act ?008; b) We acknowledge oui. i'esponsibilities for: Ensiii'iiig) tliat tlie ti'ust keeps accountingy recoi'ds wh icli c0111ply witli sectioii 476, and ii) Prepai'ingy accouiits which give a true and fair view of the state of atyairs of the trust as at tlie end of the finaiicial pei'iod and of its profitlloss for tlie finaiicial period then in accordaiice witli tlie I'eqiiirements of section 476, and wliich othei'wise coinply with the pi'ovisions of the Companies Act relatiiig to accouiits. so far as applicable to tlie trust. Principal Activities: Tlie pi'iiicipal activities of tlie ti'ust are to provide assistaiice and iinprove the wel l-beiiig of the cominiinity meinbei's as a whole, ResLIIts 2024 2023 49466 1166 Accoiintaiits: The accountants l< P AssocÉat¢s are d¢emcd to be reappointed by vii'tue of an ¢l¢ctive I'esoliitioii passed by tlic Iiicinbei's ori (Managing Ti'easui'ei.) Page 3
AUDITOR'S REPORT TO THE TRUSTEES OF SHAHEED UDHAM SINGH TRUST FOR THE YEAR ENDED 31 MARCH 2024 We have audited tlie financial stateinents on pages 5 to 7 which have beeii pi'epai'ed under tlie Iiistoi'ical cost convention aiid the accounting policies set out oli page 7. Respeetive responsibilities of Managing Trustee & Auditors As desci'ibcd 011 pagTe 3 the maiiaging tl'LlStee is I'esponsible t.or the pi'eparatioii ot" clie tinaiic ial statemeiits. It is oiii. I'esponsibi l ity to foi'in an iiidepeiidei)t opiii ioii based 011 OLII. aud it oli tliese stateineiits and to i'eport oiii. opinion to you. Basis of Opinion We coiiducted our aud it i n accoi'dance with auditing standai'ds issued by the ALidiiiii&y Practices Bocll'd. An audit iiiclLides exani ination on a test basis of evidence I'elevaiit to the ainouiits aiid disclosurcs iii tlie fiiiaiicial statemeiits. Jt also iiicludes an assessmeiic of tlie sigiiiticaiit estiiiiates and judgeinents Inade by tlie managing irustee iii the prepai'atioii of tlie tinaiicial stateineiits and whcthei. the accountiiig policies (ire appi'opi'iate tn the triist's circuinstances. We have performed oiir aiidit so as to obtain all the inforniation and explaiiations which we coiisidei. necessary iii ol'der to pi'ovide us witli siifficieiit evidence to gTive reasoiiable assurance that tlie financial stateinents ai'¢ fl'ee fi'oin Inaterial Inisstateinents. whether caused by fraud oi. other iri'egiilai'ity or ei'ror. Opiiiion In out. opinion the tinancial stateinents give a true and fair view of the state of the ti'ust's affairs at 31 Mai'ch ?024. K P Associates. Certified Pliblic Accoiintants. Page 4.
SHAHEED UDHAM SINGH WELFARE TRUST 346 SOHO ROAD HANDSWORTH BIRMINGHAM B219QL INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Donation R¢ceii'ed 45602 35573 Heart ot. England- Incoine Inaximisation 39216 National Lotter)'_ANvards for all SUSWT AccoLint 35000 HMRC Gift Aid 2431 70543 LESS: OVERHEADS WagFes 22268 He¢lt & Light 1901 1196 Telephone Charges 1224 1038 Riltes/Water Rates 2045 1981 Repairs & I iiipi'oveiments 11253 40248 Accoiiiit<111Cy Cliarges 525 525 Biii Id ing, Coiitents & Liabi l ity Insurance 852 735 Stalionei'y & Advei'tising 290 77) Pi'ofessional Charges 3331 317 Website 731 Depreciation 1485 4717a 69407 Excess of Income over Expenditure 49466 1166 Pagye 5
SHAHEED UDHAM SINGH WELFARE TRUST 346 SOHO ROAD HANDSWORTH BIRMINGHAM B219QL BALANCE SHEET AS AT 31 MARCH 2024 FIXED ASSETS Office Equipment Additioiis 2024 2023 16535 6945 16535 Depi'Lciatioii 23480 16.312 16535 15047 FixtLires & Fitti ngFS Additioiis 7168 1488 4368 1119 4368 Depi'eciatioii 5487 4368 4018 Iini)I'Ol'L'IIILiit Additioiis 1249 350 4384 4384 4384 4384 CURRENT ASSETS 12801 6222 Cash <2l Bank CURRENT LIABILITIES 127290 84403 AccoLintancy Charges 525 525 126765 83878 139566 90100 REPRESENTED BY Capital BIFwd. Excess of Income over Expenditui'e 90100 88934 49466 I IC)6 139566 139566 90100 90100 Page 6