CHARITY COMMISSION FOR ENGLAND AND WALE5 5165# Receipts and payments accounts CC16a For the perlod from 1112,'20£4 To Section A Receipts and payments Unrestricted fvndg to the nea1 Restrleted funds Endowment funds Total funds Last year to th• n•ar•st£ to the nearo#t£ to the ntarnst £ to the ne8r8St £ Al Receipts Donation 40,814 8,763 20,911 Glft Ald Ch81 activ Intrest tncoe R•ntsl Income income 2,676 19.165 2,450 19.41S Sub totsl(Gross income for AR) 121.55 102.126 121.656 A2 Asset and investment sales, {s¢¢ tsble). Sub total 121.556 121,556 102.128 A3 Payments Temple Runnlng Expense Iktnotions Raising funds Chartt&ble activiti05 29.668 7.231 6.400 7,331 4,200 7.331 Sub total 42.039 42,039 47A73 A4 Asset and investmont purchases, (see tsble) Sub total 42,039 42,039 47,3n Net of recelpts/(payments) A5 Transfers belween funds A6 Cash funds last year end Cash funds this year end 79,517 79,617 54,753 79.517 79,517 64,753 CCXX R18¢countg ISSI 2011112025
Section B Statement of assets and liabilities at the end of the period Unrestrlcted funds to nearest £ 44.830 Restricted funds Endowmont funds to nearest £ Categorle$ Dela51s to ngarest £ B1 Cash funds Cash In Bank Total cash funds {8gree balance5 with reip1S and payments account(s)) li'j. Unrestrlcted funds to nearest £ 222.439 44.830 Rg5tri¢ted funds Endowment funds to ngargst £ Details Loan to Temple to nearest £ Fund to which assat belon 488272.05 Current valuè onal Dètalls Inve8tmont Cost {optionall B3 Investmenl assets Fund to which aet bglon 661006.23 Current value tional Details Freehold Propprty Cost loptional) 84 Assets retained for the charity's own use Furniture , Fixture & OtrA$?ts 87391.32 Fund to whlch Ilablll relate¥ 1560B.58 Amount due onal When dup onal Details Accruals B5 Liabilities Loan 5000 Signed by one orfA¥o Iwst on beh81f of all the trustees Pitnt Name Sfvjnature 0818 of appVal Shree Yo hbhai J Patel Nathalal K Chohan CCXX R2 accounts ISSI 2011112025
SHREE SWAMNARAYAN.TF.MPI.E Rcgister¢d Charity No. 5 l6531 TRUSTEES REPORT AND FINANCIAL STATEMETrrrs FOR THE YEAR ENDED 31 DECEMBER 2024 Advice4accounts Itd Unit a 10 l Melton road, Leicester- LE4 6PN CPAA License No:_ 05391323A
SHREE SWAMINARAYAN TEMPI INDEX Page Ol¢erS and Advisers Trustees, Report Independent Examinerfs Report Statement of Financial Activities Balance Shcet Notes lo the Accounts The following pages do not fomi part of the statutory accounts Detailed Statement of Financial Activities
Page I SHREE SWAMINARAYAN TEMPLE LEGAL AND ADMtNISTRATIVE INFOR1TIoN Trustees: Shree Yogeshkumar Patel Shree Nathalal K Chohan President: Vice President: Shree Yogeshkumar Patel Shree Nathalal K Chohan Secretary: Joint Secretary: Shree Kiranbhai V Bhavsar Shree Kunal Patel Treasurer: Joint TrSrer, Shree Kunal Patel Kothari: Joint Kothari: Shre¢ Vipulbhai Patcl Shree Shantilal N Patel Principal Office 139-141 Loughborough Road Leicester Registered Number LE4 5LQ 516531 Principal Bankers Barclays Bank plc Belgrave Road Branch PO Box 54, Town Hall Square Leicester LEI 9AA Bank of India 105 -107 Belgrave Road L£icest¢r Independent Examiner LE4 6AS Advice4accounts Ltd I O IA Melton Road, Leicester: _ LE4 6PN CPAA License No:_ 05391323A
Pag¢ 2 SHREE SWAMINARAYAN TEMPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 21)24 The trustees have ple&8ure in presenting their aDnual report along witb the fmancial statements for the year ended 31 December 2024. This report is prepared in accordance with the accounting yylicies set out on page 6 and comply with the Charity's Trust Deed and applicable law. Objectives and Aelivities for the Public Benefit The principal object of the charity is to advance the Hindu Teligion in accordance with the teachings of the Shree Swarni Narayan Bhagwan. To this end, the chariry is committed to enabling as many ordinary worshippers as possible to attend ihe Temple and practice their faith through prayers and celebrations. The Trustees are mindfvl of the need to meet the Public Benefit requirement and have been made aware of the guidance given to Trustees by the Charity Comniission. They consider that the onus upon thern is dIharged by the prornotion of the Swaminarayan and Hindu Religion. Apart from organizing several functions. free meals ¢ontinue to be served to all who congregate at the Temple. The charity is always mindtsl of the overriding tenets of Hinduism. that of showing respect and tolerance to other cultures and cultivating moral values. Struetur& Governance And Manllgernent Shree Swaminarayan Temple is constituted Under a trust deed dated 13 April 1985 and is a registered charity. The accounts have been prepared to confo]In with the requirement5 of the governing documents, current statutory requirements and the requirements of Accounting and Reporting by Charities, together with the Ststement. of Recommended Practice FRS 102. The tntstees in office during the year and at the date ofthis report are set out on page l. Each trustee has taken responsibility for monitoring our activities in specific operaiional areas, chairing subgroups consisting of volunteers. The Trustees nornlally meet at least once in every four weeks and are responsible for the day-to4ay management and administration of the Charity. Risk Policy The major risks to which the Trust 15 exposed are reviewed regularly and systems updated to mitigate those risks. The Trustees maintain appropriate internal controls and pro¢edur¢s, including those relating to budgetary and financial risks and health and safety regulation5. Acbievement and Performanee As in previous years, the Trustees managed to assist other Swaminarayan T¢mples in India and UK by providing aid and have mailltained healthy reserve fiu]ds in the UK for use. During the year, various religious and culNral activities were organized and well attended, which also helpd raise fi]nds. The majority of the income is generated through organizing Hindu festivals and progrnms, namely DiwalilHindu New Year, Annual Anniversary {Patotsov) celebrations of the Temple. and other regular sponsored events by individuals holding prayer gatheTings: such as Dhoon. Hanuman CbalisA BhajanlKirtan and Kath& This was only possible with the valued and ongoing support of our volunteers. Future Financial Review The TNstees are constantly StriViT]g to improve the worshipping and ¢ornmunal facilities within the temple. with safety and comfort in mind. During 2024, routine maintenance w&8 carried out, and the front pillars were renovated to its original beauty. Future plans are to improve and add access to the back side of the property, updaring the reaT fire exisvstaircase from the rirst floor to the back of the property safer and more accessible .There are also plans to integrate the rear stair¢ase to the ground floor (main temple hall) so giving additional ae$S to and from the first floor if required
Page 2a SHREE SWAMINARAYAN TEMPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Voluntary help #nd gifts In kind The trustees are once again very gra¢¢ful to the d]cated volunteers who help by carrying out various duties during the religious activities in the year, and those based outsid¢ Lelcestershire. As always, many volunteers giv¢ up their time lo help, and we are greatly indebted to these volunt¢er5 for their comtnitment and support. Plans for ihe FyluTe mdintain and improve available prayer and communal facilities establish relationships with I7 religious instittrtions. Ifill our statutory obligations of health and safety to participate in other charity work r¢la¢¢d to the Trust's objectives. Trustees, respoJ)sibilities in rtlAtiOll to the financial stAlemeDts The Trustees are responsible for preparing the Annual Report and the financial slat¢m¢nts in accordan¢e with applicable law and regulations. The law applicable to charitie5 in England and Wales requires the tnjstees to prepare financial statements for each financial year in a¢¢ordance witll UK Generally A¢¢epted Accounting Practice (UK Accounting Standards and applicable Law). The Trustees must not approve ihe financial statements unless they are satisfied that they give a true and fair view ofthe state of affairs of the Charity and of the incoming resources and application of resources, including the income and expenditure. of the Charity for the year. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them ¢onsistently. observe the meth(NJs and principl¢s in the Charities SORP make judgmenls and estimates that are r¢&sonable and prudeni state whether applicable COuntIng standards have been followed subject to any departures disc105ed and explain¢d in the financial statements and Prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charity will continue to operdte. Th¢ tru5t¢¢s are responsible for keeping proper accounting records which disclos¢ with rsOnabl¢ accuracy at any time the financial position of the Charity and enable them to ensure that the fJnan¢ial statements comply with the Charities Act 2011, tlle Charity (Accounts and Reports) Regulations 2008 and tlle provisions of the TnLSt Deed. They are also responsible for safeguarding tll ¢ assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and otl ler irregularities. Approved by the trustees and signed on tl leir behalf by.. F& Shre¢ Yogeshkumar Patel
Page 3 SHREE SWAMINARAYAN TEMPLE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHREE SWAMINARAYAN TEMPLE I report on thc accounts of the Trust for the year ended 31 December 2024. which ar¢ set out on pages 4 to 6& This report is made solely to the charity's trustees, as a bodyj in accordan¢e with section 145 of the Charities Act 2011. My work has been undertaken so that l Might state to the charity's trnstees those matters I am required to state to them in thi5 rcport and for no other purpose. To the fullest cxtcnt permitted by law. I do not acccpt or assume responsibility to anyonL other than the charily and the chariws trustses &8 a body. for my worK for this reporL or for the opinions I have tormed. Respeetive responsibilities of trustees and examiner As the Trustees of the Charity. you are responstble for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 {"the Act"). Thc charity's trustees considcr that 2n audit is not rcquired for thi5 year under seclion 144(2) ofthc Charit1¢5 Art 2011 (the 2011 Art) and that an ind¢p¢nd¢nt examinalion As needed. It is my responsibility to: exarnine the accounts mlder section 145 0ft11¢ 2011 ACL follow the procedures laid down in the General Dir¢rtions given by the Charity c4)mmission mlder section 145(5)(bl of the 2011 Act. and State whether particular matters have Come to my attention. Basls of Independent Examiner's report An independent examination does not involve gathering ail tlle evidence that would be required An an audit and nsequ¢ntly does not cover all the matters that an auditOT considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance tliat an independent examination can provide. Consequently, l express no opinion as to whetll er il l e financial statements present a Irue and fair view, and my report is limited to those specific matters set out in the independent examinefs statement below. IndependeD¢ Examinèr's stslenjent I have completed my examination. and I confirni that no material matters have come to my attention in connection with Ihe examination giving me cause to believe that in any matCTial respect: aUting Tecords were not kept in respect of thc C}ltY as required by 5CCtion 130 of dle 2011 ACL or the financial statcmcnts do not accord with those records: or the financial ststements do not comply with the applicablc requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the aountS give a'true and fair, vicw which is not a matter considered as part of an independent ckngmination. Mr Sanjay Ravatia Advi¢e4accounls Ltd 101 A M¢lton Road Leicest¢r- LE4 6PN CPAA LIC NO- 05391323A