GUJARATI ASSOCIATION - WOLVERHAMPTON
TRUSTEES’ ANNUAL REPORT
31[st ] MARCH 2023
Charity Number: 700625
Page 1 of 6
Trustees’ Annual Report
Year Ended 31[st] March 2023
| CONTENTS | PAGE |
|---|---|
| Members of the Board | 3 |
| Trustees Annual Report | 4 |
| Statement of Financial activities | |
| Balance sheet |
Page 2 of 6
MEMBERS OF THE BOARD
Registered charity name: Charity number: Principal Office:
Trustees President Vice President Secretary Assistant Secretary Treasurer Assistant Treasurer Internal Auditor Committee
The Gujarati Association, Wolverhampton.
700625
The Gujarati Centre Mander Street Pennfields Wolverhampton West Midlands. WV3 0JZ
Fatehbhai Patel Naresh Patel Suneeta Patel Anil Patel Nilesh Patel Jay Parekh
Champaben Patel Kamlaben Patel Bharatbhai Mistry Pankaj Patel Jayeshbhai Patel Ramanbhai R Patel Snehlata Patel Hiren Patel Gina J Patel Balwant Patel
Holding Trustees
Jaswantbhai Patel Pratickbhai Patel Kaushik Patel Minesh Patel
Bankers
HSBC & Barclays Queens Square Wolverhampton. WV1 1TE
Page 3 of 6
TRUSTEES ANNUAL REPORT
YEAR ENDED 31[st] MARCH 2023
The trustees present their report and the external examiners report on financial statements of the association for the year ended 31[st] March 2023
REFERENCE AND ADMINSTRATIVE DETAILS
Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements.
THE TRUSTEES
The trustees who served the association during the period were as follows:
Trustees
President Fatehbhai Patel Vice President Naresh Patel Secretary Suneeta Patel Assistant Secretary Anil Patel Treasurer Nilesh Patel Assistant Treasurer Jay Parekh Internal Auditor
Committee members
Champaben Patel Kamlaben Patel Bharatbhai Mistry Pankaj Patel Jayeshbhai Patel Ramanbhai R Patel Snehlata Patel Hiren Patel Gina J Patel Balwant Patel
Page 4 of 6
TRUSTEES ANNUAL REPORT
YEAR ENDED 31[st] MARCH 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Gujarati Association (Wolverhampton) was formed in 1968, adopting its own constitution and was granted charitable status on the 8[th] December 1988.
Trustees are appointed by the membership at an Annual General Meeting (A.G.M) and carry out day-to-day running of the association. We have three ‘holding’ trustees who are elected on a five-year term, who shall be named and responsible for the trust property.
OBJECTIVES AND ACTIVITIES
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a) To promote the benefit of the residents of Wolverhampton particularly but not exclusively members of the Hindu ‘Gujarati’ community by the advancement of education, the relief of poverty and sickness the preservation and protection of good health and the provision of facilities for recreation and other leisure-time occupation in the interests of social welfare and with the object of improving the condition of life of the ‘Gujarati’ community,
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b) to relieve beneficiaries who are in conditions of need by such means as thought fit including help and assistance for the aged,
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c) to promote unity and racial harmony within the different communities in Wolverhampton by any charitable means that the trustees may from time to time think fit.
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d) to advance the Hindu religion.
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e) to establish a centre and to maintain and manage such a centre for activities promoted by the association in furtherance of the above objects.
ACHIEVEMENTS AND PERFORMANCE
The association has continued to organise a variety of activities engaging all its members (young and old). The ‘Sahkar’ day centre (elderly club), meet once a week to socialise, keep active and prepare a meal and take part in various activities. This is proving very popular as the word gets around. The elderly often feel isolated in their homes and so getting out and meeting fellow members is a perfect way to break up their week. Transportation is provided by the local ‘Ring and Ride’ service for those who cannot get to the centre themselves.
On a positive note, popular activities such as the weekly ‘yoga’ and circuit training classes, continue to flourish. Certainly the ‘yoga’ class have about fifty people who attend on a weekly basis. This is open to all nationalities, Religious beliefs and ‘gender’. It is nice to see other communities attending and using our facilities. The ‘circuit training’ classes also helps in helping people keep fit. Again, completely ‘free’ and open to all sections of our community.
Page 5 of 6
Promotion of all the events that take place within the organisation (Religious and general) are advertised/communicated via ‘Social media’ and the old-fashioned way. We have our own ‘Gujarati Association Facebook page’, our own ‘e-mail’ database, and we also print-off newsletters which are available to the community via a number of platforms.
Recently, we have also started to hold events addressing other important subject areas such as ‘mental health awareness’. The event proved very successful since it is not something ‘Gujarati’ communities seem to talk about and address.
By far the biggest achievement is our continued development of services within the community. Our premises now serves not only our ‘Gujarati’ community but other factions of the Wolverhampton community, for people to hire out for; weddings, birthday parties etc.
FINANCIAL REVIEW
The results for the year, and the financial position at the end of the year, are shown in the attached financial statements.
PLANS FOR FUTURE PERIODS
The association is currently in the process of utilising the planning permission to update the other hall on the premises and would like to thank the community for their continued support.
Signed on behalf of the trustees
Mr Nilesh Patel Treasurer
Page 6 of 6
THE GUJARATI ASSOCIATION, WOLVERHAMPTON. REGISTERED CHARITY No 700625 INCOME & EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARC
| Gross | Expenses | Net | |
|---|---|---|---|
| £ | |||
| DONATIONS | |||
| Mandir Donations | 3,837 | 3,837 | |
| Festival Donations | 11,160 | -14,872 | -3,712 |
| 14,997 | -14,872 | 125 | |
| OTHER INCOME | |||
| Membership Fee | 500 | 500 | |
| Hall hire rent | 292,100 | -158,302 | 133,798 |
| Tifn services | 13,475 | -24,997 | -11,522 |
| Vadil Sammeln | -1,585 | -1,585 | |
| Childrens party | -355 | -355 | |
| Youth club | -904 | -904 | |
| 306,075 | -186,143 | 119,932 | |
| Total net Income | 120,057 | ||
| Less : Overheads | |||
| Building maintenance & repairs | 11,612 | ||
| Water charges | 1,137 | ||
| AGM expense | 188 | ||
| Telephone, broadbands & zoom fee | 653 | ||
| Insurance | 1,895 | ||
| Light & heat | 8,003 | ||
| Yoga, Aerobics & ftness class | 6,045 | ||
| Charity donation | 151 | ||
| Printing cost | 160 | ||
| Marketing | 270 | ||
| Audit fee | 580 | ||
| Coach hire | 2,750 | ||
| Flowers for funeral | 30 | ||
| Bank charges | 60 | ||
| Depreciations | 5,005 | ||
| 38,539 | 38,539 | ||
| Net Income for the year | £ | 81,518 | |
| THE GUJARATI ASSOCIATION, WOLVERHAMPTON. | |||
| REGISTERED CHARITY No 700625 | |||
| Balance Sheet as at 31 March 2023. | |||
| Note | |||
| Gujarati Centre Premises | |||
| Fixed Assets | 1 | ||
| Current Assets | |||
| Cash at bank | 421,745 | ||
| Cash in hand | 3,269 |
425,014
Net Current Assets Total Assets Accumulated Funds :
As at 01 April 2022 Net Income for the year Total Funds
Note to the Balance Sheet
Note 1 FIXED ASSETS
Fixtures, Fittings & Equipments
£
Cost
As at 01 April 2022 As at 31 March 2023
81,111 81,111
Depreciation
As at 01 April 2022 Charge for the year As at 31 March 2023
| As at 01 April 2022 Charge for the year As at 31 March 2023 Net Book Value As at 31 March 2023 As at 31 March 2022 |
53,305 5,005 |
|---|---|
| 58,310 | |
| 22,801 | |
| 27,806 |
Section A Receipts and payments
| A1 Receipts Donations 14,997 Hall hire rent 292,100 Membership 500 Youth club - Tiffin services 13,475 - - - 321,072 Unrestrict ed funds to the nearest £ Sub total(Gros s income for AR) |
A1 Receipts Donations 14,997 Hall hire rent 292,100 Membership 500 Youth club - Tiffin services 13,475 - - - 321,072 Unrestrict ed funds to the nearest £ Sub total(Gros s income for AR) |
- - - - - - - - - Restricted funds to the nearest £ |
- - - - - - - - - Endowme nt funds to the nearest £ |
Total funds to the nearest £ |
|---|---|---|---|---|
| Donations | 14,997 | - | - | 14,997 |
| Hall hire rent | 292,100 | - | - | 292,100 |
| Membership | 500 | - | - | 500 |
| Youth club | - | - | - | - |
| Tiffin services | 13,475 | - | - | 13,475 |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| Sub total(Gros s income for AR) |
321,072 |
- | - | 321,072 |
| - - - - - - - - - - - - - - |
- - - - - - - - - - - - - - |
|
|---|---|---|
| - | ||
| - | ||
| - | ||
| 321,072 | ||
| - | - | 16,812 |
| - | - | 158,302 |
| - | - | 9,140 |
| - | - | 11,612 |
| 24,997 | ||
| - | - | 904 |
| - | - | 1,895 |
| - | - | 6,045 |
| - | - | 4,413 |
| 429 | ||
| - | - | - |
| - | - | 234,549 |
A4 Asset and investmen t purchases , (see table)
| Fixtures, | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fittings & | ||||||||||||||||||
| Equipment | ||||||||||||||||||
| s | ||||||||||||||||||
| - | - | - | - | |||||||||||||||
| - | - | - | - | |||||||||||||||
| Sub total | ||||||||||||||||||
| - | - | - | - | |||||||||||||||
| **payments ** | 234,549 | - | - | 234,549 | ||||||||||||||
| **payments) ** | 86,523 | - | - | 86,523 | ||||||||||||||
| A5 Transfer | - | - | - | - | ||||||||||||||
| A6 Cash fun | 338,491 | - | 338,491 | |||||||||||||||
| **s year end ** | 425,014 | - | - | 425,014 |
Section B Statement of assets and liabilities at the end of the pe
Unrestrict Restricted ed funds funds
Categories Details
B1 Cash Cash at bank funds Cash in hand Total cash funds (agree balances with receipts and payments account(s))
| to nearest £ 421,745 3,269 - 425,014 OK Unrestrict ed funds |
to nearest £ |
|---|---|
| - | |
| - | |
| - | |
| - | |
| OK | |
| Restricted funds |
to nearest £
to nearest £
Details
B2 Other monetary assets
| - | - | |
|---|---|---|
| - | - | |
| - | - | |
| - | - | |
| - | - | |
| - | - |
Details B3 Investme nt assets
Fund to which asset belongs
Cost (optional) - - - - -
| B4 Assets retained for the charity’s own use |
Details |
|---|---|
| Gujarati Centre premises | |
| Kitchen equipments | |
| Computer equipments | |
| Fixtures & fittings | |
Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Signature
| Unrestricted Unrestricted Unrestricted Unrestricted Fund to which asset belongs |
Cost (optional) |
|---|---|
| Unrestricted | - |
| Unrestricted | - |
| Unrestricted | - |
| Unrestricted | - |
| - | |
| - | |
| - | |
| - | |
| - |
| Fund to which liability relates |
Amount due (optional) |
|---|---|
| - | |
| - | |
| - | |
| - | |
| - |
Print Name
CH 2023.
£
£ 1,526,000 22,801 1,548,801
425,014 1,973,815 1,892,297 81,518 1,973,815
Last year
to the nearest £ 4,171 169,843 1,551 334 7,233 - - - 183,132
----- Start of picture text -----
-
-
183,132
----- End of picture text -----
19,393 85,127 4,485 22,426 1,007 1,708 6,566 3,387 1,968 2,450 148,517
11,650 11,650 160,167 22,965 - 315,526 338,491
eriod
Endowme nt funds
to nearest £
- OK Endowme nt funds
to nearest £
-
Current value (optional)
-
Current value (optional)
1,526,000
5,757
1,837
15,207
-
When due (optional)
Date of approval
THE GUJARATI ASSOCIATION, WOLVERHAMPTON. REGISTERED CHARITY No 700625 INCOME & EXPENDITURE ACCOUNTS FOR THE YEAR ENDED 31 MARC
| DONATIONS Mandir Donations Festival Donations OTHER INCOME Membership Fee Hall hire rent Tifn services Vadil Sammeln Childrens party Youth club Total net Income Less : Overheads Building maintenance & repairs Water charges AGM expense Telephone, broadbands & zoom fee Insurance Light & heat Yoga, Aerobics & ftness class Charity donation Printing cost Marketing Audit fee Coach hire Flowers for funeral Bank charges Depreciations Net Income for the year |
Gross Expenses Net £ 3,837 3,837 11,160 -14,872 -3,712 14,997 -14,872 125 500 500 292,100 -158,302 133,798 13,475 -24,997 -11,522 -1,585 -1,585 -355 -355 -904 -904 306,075 -186,143 119,932 120,057 11,612 1,137 188 653 1,895 8,003 6,045 151 160 270 580 2,750 30 60 5,005 38,539 38,539 £ 81,518 |
|---|---|
CH 2023.
THE GUJARATI ASSOCIATION, WOLVERHAMPTON. REGISTERED CHARITY No 700625
Balance Sheet as at 31 March 2023.
| Note | ||
|---|---|---|
| Gujarati Centre Premises | ||
| Fixed Assets | 1 | |
| Current Assets | ||
| Cash at bank | 421,745 | |
| Cash in hand | 3,269 | |
| 425,014 | ||
| Net Current Assets | ||
| Total Assets | ||
| Accumulated Funds : | ||
| As at 01 April 2022 | ||
| Net Income for the year | ||
| Total Funds |
£ 1,526,000 22,801
1,548,801
425,014
1,973,815
1,892,297 81,518 1,973,815
THE GUJARATI ASSOCIATION, WOLVERHAMPTON. REGISTERED CHARITY No 700625
Note to the Balance Sheet
Note 1 FIXED ASSETS
Fixtures, Fittings & Equipments
£
Cost
| Cost | |
|---|---|
| As at 01 April 2022 As at 31 March 2023 Depreciation As at 01 April 2022 Charge for the year As at 31 March 2023 Net Book Value As at 31 March 2023 As at 31 March 2022 |
81,111 |
| 81,111 | |
| 53,305 5,005 |
|
| 58,310 | |
| 22,801 | |
| 27,806 |
CHARITY COMMISSION I FOR ENGLAND ANO WALES Independent examlner'• report on the accounts Soctlorl A lTrd•p•nd•ni Examln•v'• R•port R•port to Ili• liuie•J m•mb•rA ol OTh ¢¢ounts lor th• y••r ' 31 MARCH 2D23 Ch•rlty no 70Cfj25 S•t oui OTr p•g•• ' A¥ per Bll4ch8d CC168 I roport lo Ihe Iru&lees on my axaminalion of the 4ccouni• of th• abo¥• chanly I'the Tru$i"I for lh• ytrlr ended 3110312023 R•sponslbllltles and A$ tho charity Irv818es of the Tru$1. you are responsible f¢f th• pr•p8r8tir b•il# of report ol Ihe ac¢ouni$ In accordance Wllh Ihe rwuiremenls of the Chorilios Aci 2011 1"Ihe Acl-l I r&port In re5pecl ol my examination ol the Trust's accounts ¢8rrp8d eut under se10 145 01 th8 2011 Act and In catrying out my emaminaiion I have followed the applicable DireclionB given by Ihtr Ch•rhy Commi•K undor Seclion 14515llbl ol the A I have compleie¢J my examination I confirrn Ihal no material mailer• h4 come 10 my aNenlion lolher than th81 dis¢lo¥ed bBlow"I In connection wth the eXamn$t10 whlch 9IVe5 rne caus• lo believa thai In. any rn•len•l Indopend•nt examlnèr's stat¥ment accouniing recordg were not kepl In accordance ¥wlh #ection 130 01 the Act or the accounts dg not accord Wilh Ihe aGcounlino recor8 I have no concern$ and have come 8¢ro88 no other m&tterB In connvd wilh the gxamiDalion 10 which alleniion should be drawn In order 1¢ •n4b proper understanding of the accoun1& lo be re8¢htrd Please delg19 lh8 Wtts in Ihe br8cktris if they do ntsi awy. O•t•.. | 2B10112024 Narn•.' | Mr Dhirubhal D&hyabh81 Patel P•l•v•nt profe•lon•l quallflcBtlonii or body Addr•i•'. 99 PNnce Slro•i. W•lsall WS2 9JQ TIER Oetob•r 201•