2025-03-31-accounts - Jain Samaj Europe

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity registration number: 507899

JAIN SAMAJ EUROPE TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Jain Samaj Europe Contents

	Page
Reference and Administrative Details	1
Trustees' Report	2—3
Independent Auditor's Report	4—7
Statement of Financial Activities	8
Comparative Statement of Financial Activities	9
Statement of Financial Position	10
Notes to the Financial Statements	11—19
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities	20—21

Jain Samaj Europe Reference and Administrative Details For The Year Ended 31 March 2025

Trustees	Mr Satish Shah - Chair
	Ms Oorvashi Vora (appointed 31/03/2025)
	Mr Aditya Shah
	Mr Maunesh Shah
	Mr Akash Shah (appointed 31/03/2025)
	Ms Divya Shah (appointed 31/03/2025)
	Mr Viral Dagly
	Mr Siddharth Shah
	Mr Ketan Shah
	Mr Niraj Shah (appointed 31/03/2025)
	Mr Samirkumar Mehta
	Mr Kamlesh Shah
	Mr Jitendra Mehta
	Mr Rajnikant Mehta
	Mr Jayant Mehta
	Ms Ushakumari Mehta
	Mr Kalpit Doshi (appointed 31/03/2025)
	Mr Alpesh Shah
	Mr Jay Kurji
	Mrs Rina Shah (appointed 31/03/2025)
Charity Number	507899
Principal Address	Jain Centre
	32 Oxford Street
	Leicester
	Leicestershire
	LE1 5XU
Accountants	Pinnacle Accountants
	Chartered Certified Accountants & Registered Auditors
	32 De Montfort Street
	Leicester
	Leicestershire
	LE1 7GD
Auditors	De Montfort Advisory Limited
	32 De Montfort Steet
	Leicester
	LE1 7GD

Page 1

Jain Samaj Europe Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Objectives and Activities

Aims and Objectives

The advancement of the Jain religion particularly but not exclusively by the provision of a place for worship, study and facilities for other functions of a religious character such as the celebration of births and marriage and the performance of rites relating to deaths and the employment and housing of a priest.

The Charity has continued to promote Jainism and its principles amongst Jains and non-Jains. This has been achieved by encouraging visitors to the Centre, running a Sunday School for children and celebrating all Jain festivals, including Mahavir Jayanti, Dhaja Badli, Ayembel, Paryushan and Diwali. Prayers are said at the Centre twice daily and pujas are performed on a regular basis.

Public Benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Financial Review

Financial Position

Net incoming resources for the year before net gains / losses on investments amounted to surplus £22,669 (2024 - £167,821).
The unrealised and realised surplus on investments amounted to £17,516 (2024 - £72,160)
The net assets of the Charity increased by £22,669 to £3,904,305 as at 31 March 2025.
A substantial portion of the reserves shown in the balance sheet are represented by assets other than cash

The Trustees have reviewed the Charity's need for free reserves and have decided to build up sufficient liquid reserves that can generate enough income to meet 125% of the annual cost of maintaining the temple.

Reserves Policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, Governance and Management

Governing Document

Jain Samaj Europe is registered with the Charities Commission and is governed in accordance with the terms of its constitution dated 23 July 1978.

Page 2

Jain Samaj Europe Trustees' Report (continued) For The Year Ended 31 March 2025

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Siddharth Shah Ms Ushakumari Mehta Trustee Trustee 24 March 2026

Page 3

Independent Auditor's Report to the Members of Jain Samaj Europe

Opinion

We have audited the financial statements of Jain Samaj Europe (the "charity") for the year ended 31 March 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Statement of Financial Position and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Page 4

Independent Auditor's Report (continued) to the Members of Jain Samaj Europe

Matters on Which We Are Required to Report by Exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

the information given in the Trustees' Report is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records or returns; or we have not received all the information and explanations we require for our audit.

Responsibilities of Trustees

As explained more fully in the Trustees' Responsibilities Statement set out on page 2—3, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 5

Independent Auditor's Report (continued) to the Members of Jain Samaj Europe

Auditor's Responsibilities for the Audit of the Financial Statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience, and through discussion with the directors and other management (as required by auditing standards), and discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations We identified the following areas as those most likely to have such an effect: health and safety; General Data Protection Regulation (GDPR); fraud; bribery and corruption, and employment law. Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the directors and other management and inspection of regulatory and legal correspondence, if any. The identified actual or suspected non-compliance was not sufficiently significant to our audit to result in our response being identified as a key audit matter.
We considered the legal and regulatory frameworks directly applicable to the financial statements reporting framework (FRS 102 and the Charities SORP) and the relevant tax compliance regulations in the UK; We considered the nature of the industry, the control environment and business performance, including the key drivers for management’s remuneration;
We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit;
We considered the procedures and controls that the company has established to address risks identified, or that otherwise prevent, deter and detect fraud; and how senior management monitors those controls.

Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included: testing manual journals; reviewing the financial statement disclosures and testing to supporting documentation; performing analytical procedures; and enquiring of management, and were designed to provide reasonable assurance that the financial statements were free from fraud or error.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect noncompliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Page 6

Independent Auditor's Report (continued) to the Members of Jain Samaj Europe

Use Of Our Report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

De Montfort Advisory Limited

24 March 2026

De Montfort Advisory Limited 32 De Montfort Steet Leicester LE1 7GD

Page 7

Jain Samaj Europe Statement of Financial Activities For The Year Ended 31 March 2025

Unrestricted funds £ 117,208 10,161 70,202	Restricted funds £ 10,439 126,021 8,576	2025 Total funds £ 127,647 136,182 78,778	2024 Total funds £ 162,843 145,059 68,606
197,571	145,036	342,607	376,508
(142,868)	(194,586)	(337,454)	(280,847)
54,702 17,516	(49,549) -	5,153 17,516	95,661 72,160
72,218 (12,162)	(49,549) 12,162	22,669 -	167,821 -
60,056 1,236,028	(37,387) 2,645,608	22,669 3,881,636	167,821 3,713,815
1,296,084	2,608,221	3,904,305	3,881,636

The notes on pages 11 to 19 form part of these financial statements.

Page 8

Jain Samaj Europe Comparative Statement of Financial Activities For The Year Ended 31 March 2025

Unrestricted funds £ 147,503 8,315 60,983	Restricted funds £ 15,340 136,744 7,623	2024 Total funds £ 162,843 145,059 68,606
216,801	159,707	376,508
(134,582)	(146,265)	(280,847)
82,219 72,160	13,442 -	95,661 72,160
154,379 16,177	13,442 (16,177)	167,821 -
170,556 1,065,472	(2,735) 2,648,343	167,821 3,713,815
1,236,028	2,645,608	3,881,636

The notes on pages 11 to 19 form part of these financial statements.

Page 9

Jain Samaj Europe Statement of Financial Position As At 31 March 2025

Unrestricted funds £ 26,814	Restricted funds £ 1,208,408	2025 Total funds £ 1,235,222	2024 Total funds £ 1,271,747
26,814 27,674 572,981 683,360	1,208,408 - 489,173 910,639	1,235,222 27,674 1,062,154 1,593,999	1,271,747 72,590 1,001,878 1,547,733
1,284,015 (14,745)	1,399,812 1	2,683,827 (14,744)	2,622,201 (12,312)
1,269,270	1,399,813	2,669,083	2,609,889
1,296,084	2,608,221	3,904,305	3,881,636
1,296,084	2,608,221	3,904,305	3,881,636
		2,608,221 1,296,084	2,645,608 1,236,028
		3,904,305	3,881,636

On behalf of the board

Mr Siddharth Shah Ms Ushakumari Mehta

Trustee Trustee 24 March 2026

The notes on pages 11 to 19 form part of these financial statements.

Page 10

Jain Samaj Europe Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

Jain Samaj Europe is an unincorporated charity registered with the Charity Commission, registered charity number 507899. The principal address is Jain Centre, 32 Oxford Street, Leicester, Leicestershire, LE1 5XU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Going Concern Disclosure

The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charity's ability to continue as a going concern.

2.3. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.4. Incoming Resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Page 11

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

2.5. Resources Expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

2.6. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold 2% on cost Plant & Machinery not depreciated Fixtures & Fittings 12.5% on reducing balance

2.7. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the statement of financial activities.

2.8. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the charity. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the statement of financial activities so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the statement of financial activities as incurred.

2.9. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the statement of financial activities. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the statement of financial activities.

Page 12

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

2.10. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.11. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus.

2.12. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

2.13. Provisions and Contingencies

Provisions

Provisions are recognised when the charity has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.

Contingencies

Contingent liabilities are not recognised. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the charity’s control. Contingent liabilities are disclosed in the financial statements unless the probability of an outflow of resources is remote.

Contingent assets are not recognised. Contingent assets are disclosed in the financial statements when an inflow of economic benefits is probable.

2.14. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Page 13

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

2.15. Pensions

The charity operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

2.16. Government Grant

Government grants are recognised in the statement of financial activities in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the statement of financial activities. Grants towards general activities of the entity over a specific period are recognised in the statement of financial activities over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the statement of financial activities over the useful life of the asset concerned.

All grants in the statement of financial activities are recognised when all conditions for receipt have been complied with.

3. Income from Donations and Legacies

. Income from Donations and Legacies
Donations and gifts Member subscriptions and sponsorships Gift aid Donations and gifts Member subscriptions and sponsorships Gift aid	Unrestricted funds £ 83,085 880 33,243	Restricted funds £ 10,439 - -	2025 Total funds £ 93,524 880 33,243
	117,208	10,439	127,647
	Unrestricted funds £ 79,999 818 66,686	Restricted funds £ 15,340 - -	2024 Total funds £ 95,339 818 66,686
	147,503	15,340	162,843

4. Investment Income

Page 14

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

Bank interest receivable Dividends from other fixed asset investments - listed Bank interest receivable Dividends from other fixed asset investments - listed 5. Analysis of Expenditure Temple activity Temple activity 6. Support Costs Employee costs: Wages and salaries Employers pensions - defined contributions scheme Premises expenses: Light and heat	Unrestricted funds £ 52,627 17,575	Restricted funds £ 6,564 2,012
	70,202	8,576
	Unrestricted funds £ 43,933 17,050	Restricted funds £ 5,959 1,664
	60,983	7,623
	Activities undertaken directly £ 83,879	Support costs (see note 6) £ 253,575
	Activities undertaken directly £ 131,561	Support costs (see note 6) £ 149,286

Page 15

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

Water rates Repairs and maintenance General administration: Computer and IT consumables Insurance Printing, postage and stationery Telecommunications Audit fees Legal fees Charitable donations Sundry expenses Depreciation: Depreciation Interest payable: Bank charges Employee costs: Wages and salaries Employers pensions - defined contributions scheme Premises expenses: Light and heat Water rates Repairs and maintenance General administration: Computer and IT consumables Insurance Printing, postage and stationery Telecommunications Audit fees Legal fees Charitable donations Sundry expenses Depreciation: Depreciation Interest payable: Bank charges	688 45,694 225 5,734 724 606 3,000 8,768 118,361 2,967 3,831 1,588
	253,575
	2024 Temple activity £ 28,563 783 25,445 1,152 35,498 276 5,048 214 607 3,000 125 41,620 2,236 3,932 787
	149,286

Page 16

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

7. Auditor's Remuneration

Remuneration received by the charity's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	3,000	3,000

8. Staff Costs

Staff costs were as follows:

Wages and salaries Other pension costs	2025 £ 55,286 3,557 58,843	2024 £ 41,996 783
		42,779

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

9. Average Number of Employees

Average number of employees during the year was: 5 (2024: 3)

10. Tangible Assets

Land &

Property Freehold £ 1,790,883 -	Plant & Machinery £ 24,241 -	Fixtures & Fittings £ 61,544 3,124	Total £ 1,876,668 3,124
1,790,883	24,241	64,668	1,879,792
570,898 35,818	- -	34,023 3,831	604,921 39,649
606,716	-	37,854	644,570
1,184,167	24,241	26,814	1,235,222
1,219,985	24,241	27,521	1,271,747

Page 17

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

11. Debtors

Due within one year Other debtors 12. Current Asset Investments Listed investments Charity made additions of £235,042 during the year. Charity made disposals of £190,698 during the year. 13. Creditors: Amounts Falling Due Within One Year Other creditors Taxation and social security Accruals and deferred income 14. Deferred Income Deferred income movements in the year were as follows: Balance at the start of the period Income deferred in the current period Balance at the end of the period		2025 £ 27,674 2025 £ 1,062,154 2025 £ 3,727 1,572 9,445 14,744 2025 £ - 2,266	2024 £ 72,590
			2024 £ 1,001,878
			2024 £ 2,406 - 9,906
			12,312
			2024 £ - -
		2,266	-

15. Pension Commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £3,557 (2024: £783).

At the statement of financial position date contributions of £111 (2024: £0) were due to the fund and are included in creditors.

Page 18

Jain Samaj Europe Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

16. Movement in Funds

As at 1 April 2024 £ 1,236,028 2,645,608	Income £ 197,571 145,036	Expenditure £ (125,353) (194,585)	Transfers £ (12,162) 12,162	As at 31 March 2025 £ 1,296,084 2,608,221
3,881,636	342,607	(319,938)	-	3,904,305
As at 1 April 2023 £ 1,065,472 2,648,343	Income £ 216,801 159,707	Expenditure £ (62,422) (146,265)	Transfers £ 16,177 (16,177)	As at 31 March 2024 £ 1,236,028 2,645,608
3,713,815	376,508	(208,687)	-	3,881,636

17. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

18. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

Page 19

Jain Samaj Europe Detailed Statement of Financial Activities For The Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts Membership subscriptions Gift aid Charitable Activities: Temple activity Income from charitable activities Investments Dividends from other fixed asset investments - listed Bank interest receivable EXPENDITURE ON: Charitable Activities: Temple activity Bhojansala and ayembel Coach hire and paripati expenses Pathshala Staging fundraising events Investment management costs Paryushan and religious celebrations Wages and salaries Subscriptions Depreciation Wages and salaries Employers pensions - defined contributions scheme Light and heat Water rates Repairs and maintenance Computer and IT consumables Insurance Printing, postage and stationery Telecommunications Audit fees	2025 Total funds £ 93,524 880 33,243
	127,647 136,182
	136,182 19,587 59,191
	78,778

Page 20

Jain Samaj Europe Detailed Statement of Financial Activities (continued) For The Year Ended 31 March 2025

Legal fees Charitable donations Sundry expenses Depreciation Bank charges NET INCOME BEFORE INVESTMENT GAINS Net gains on investments Surplus on disposal of listed current asset investments Fair value (deficit)/surplus on revaluation of investment property NET INCOME	(8,768) (118,361) (2,967) (3,831) (1,588)	(125) (41,620) (2,236) (3,932) (787)
	(337,454)	(280,847)
	(337,454)	(280,847)
	5,153 29,226 (11,710)	95,661 - 72,160
	17,516	72,160
	22,669	167,821

Page 21