**REGISTERED CHARITY NUMBER: 511902**
`
## **TRUSTEES' REPORT AND**
## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **FOR**
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
**THE LEICESTERSHIRE BRAHMA SAMAJ**
**CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2023**
||**Page**|
|---|---|
|**Trustees' Report**|1|
|**Independent Examiner's Report**|2|
|**Statement of Financial Activities**|3 to 4|
|**Balance Sheet**|5|
|**Notes to the Financial Statements**|6 to 11|
|**Detailed Statement of Financial Activities**|12 to 13|
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **TRUSTEES' REPORT**
## **for the year ended 31 March 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of 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).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
511902
## **Principal address**
15 Belgrave Road Leicester LE4 6AR
## **Trustees**
M Shastri R Joshi J Joshi B Trivedi H Trivedi
## **Independent Examiner**
1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
Approved by order of the board of trustees on 3 August 2023 and signed on its behalf by:
........................................................................... M Shastri - Trustee
Page 1
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEICESTERSHIRE BRAHMA SAMAJ**
## **Independent examiner's report to the trustees of The Leicestershire Brahma Samaj**
I report to the charity trustees on my examination of the accounts of The Leicestershire Brahma Samaj (the Trust) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect 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 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Dipesh Dodia FCCA, BA (Hons) 1A Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD
Date: 3 August 2023
Page 2
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**55,720**
Investment income
2
**1**
**Total**
**55,721**
**EXPENDITURE ON**
Raising funds
3
**-**
**Charitable activities**
Chartiable activities
**500**
Other
**49,563**
**Total**
**50,063**
**NET INCOME**
**5,658**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**213,054**
**TOTAL FUNDS CARRIED FORWARD**
**218,712**|2022
Total
funds
£
105,724
1
105,725
14,947
63,154
-
78,101
27,624
189,650
217,274|
|---|---|
The notes form part of these financial statements
Page 3
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **BALANCE SHEET**
## **31 March 2023**
|**2023**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
6
**251,344**
**CURRENT ASSETS**
Cash at bank and in hand
**2,589**
**CREDITORS**
Amounts falling due within one year
7
**(23,001)**
**NET CURRENT ASSETS**
**(20,412) **
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**230,932**
**CREDITORS**
Amounts falling due after more than one year
8
**(12,720)**
**NET ASSETS**
**218,212**
**FUNDS**
10
Unrestricted funds
**218,212**
**TOTAL FUNDS**
**218,212**|2022
Total
funds
£
249,225
3,450
(22,501)
(19,051)
230,174
(17,120)
213,054
213,054
213,054|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 3 August 2023 and were signed on its behalf by:
............................................. M Shastri - Trustee
The notes form part of these financial statements
Page 5
**THE LEICESTERSHIRE BRAHMA SAMAJ**
**NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial 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 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 financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted 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 been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
**THE LEICESTERSHIRE BRAHMA SAMAJ**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 31 March 2023**
## **2. INVESTMENT INCOME**
## **3.**
|Bank interest received
**RAISING FUNDS**
**Raising donations and legacies**
Support costs|**2023**
**£**
**1**
**2023**
**£**
**-**|2022
£
1
2022
£
14,947|
|---|---|---|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|105,724|
|Other income|1|
|**Total**|105,725|
|**EXPENDITURE ON**||
|Raising funds|14,947|
|**Charitable activities**||
|Chartiable activities|63,154|
|**Total**|78,101|
|**NET INCOME**|27,624|
continued...
Page 7
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **NOTES TO THE FINANCIAL STATEMENTS - continued**
## **for the year ended 31 March 2023**
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022
Additions
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022|Freehold
property
£
**239,688**
**-**
**239,688**
**239,688**
239,688|Unrestricted
fund
£
189,650
217,274
Fixtures
and
fittings
Totals
£
£
**9,537**
**249,225**
**2,119**
**2,119**
**11,656**
**251,344**
**11,656**
**251,344**
9,537
249,225|
|---|---|---|
continued...
Page 8
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023**
|**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**8.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 9)
Other creditors
**9.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling between one and two years:
Other loans - 1-2 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
**10.**
**MOVEMENT IN FUNDS**
At 1.4.22
£
**Unrestricted funds**
General fund
**213,054**
**TOTAL FUNDS**
**213,054 **|**2023**
**£**
**22,501**
**500**
**23,001 **
**2023**
**£**
**12,720**
**-**
**12,720**
**2023**
**£**
**-**
**12,720**
Net
movement
in funds
£
**5,158**
**5,158**|2022
£
22,501
-
22,501
2022
£
-
17,120
17,120
2022
£
17,120
-
At
31.3.23
£
**218,212**
**218,212**|2022
£
22,501
-
22,501
2022
£
-
17,120
17,120
2022
£
17,120|
|---|---|---|---|
continued...
Page 9
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023**
## **10. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
**55,721**
**TOTAL FUNDS**
**55,721**
**Comparatives for movement in funds**
At 1.4.21
£
**Unrestricted funds**
General fund
189,650
**TOTAL FUNDS**
189,650
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
105,725
**TOTAL FUNDS**
105,725|Resources
Movement
expended
in funds
£
£
**(50,563)**
**5,158**
**(50,563) **
**5,158**
Net
movement
At
in funds
31.3.22
£
£
23,404
213,054
23,404
213,054
Resources
Movement
expended
in funds
£
£
(82,321)
23,404
(82,321)
23,404|
|---|---|
continued...
Page 10
**THE LEICESTERSHIRE BRAHMA SAMAJ**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023**
## **10. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
||Net||
|---|---|---|
||movement|At|
|At 1.4.21|
in funds|31.3.23|
|£|£|£|
|**Unrestricted funds**|||
|General fund
189,650|28,562|218,212|
|**TOTAL FUNDS**
189,650|28,562|218,212|
|A current year 12 months and prior year 12 months combined net movement in|funds, included in the above are||
|follows:|||
|Incoming|
Resources|Movement|
|resources|
expended|in funds|
|£|£|£|
|**Unrestricted funds**|||
|General fund
161,446|(132,884)|28,562|
|**TOTAL FUNDS**
161,446|(132,884)|28,562|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023.
Page 11
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Box collection income
Membership fees
Insurance monies received
**Other income**
Bank interest received
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Accountancy fees
**Support costs**
**Management**
Light and heat
Telephone
Building work expenses
Pooja expenses
Event expenses
**Finance**
Insurance
Subscriptions
Carried forward|2023
£
**44,609**
**9,408**
**1,703**
**-**
**-**
**55,720**
**1**
**55,721**
**500**
**6,012**
**721**
**37,054**
**-**
**75**
**43,862**
**2,507**
**-**
**2,507**|2022
£
75,876
15,290
4,640
1,600
8,318
105,724
1
105,725
500
2,871
450
67,504
15
650
71,490
2,357
51
2,408|
|---|---|---|
This page does not form part of the statutory financial statements
Page 12
## **THE LEICESTERSHIRE BRAHMA SAMAJ**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023**
|**Finance**
Brought forward
Postage and stationery
Sundry expenses
**Other**
Repairs & renewals
Total resources expended
**Net income**|2023
£
**2,507**
**688**
**2,506**
**5,701**
**-**
**50,063**
**5,658**|2022
£
2,408
1,653
1,300
5,361
750
78,101
27,624|
|---|---|---|
This page does not form part of the statutory financial statements
Page 13