## **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** - 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, - b) to relieve beneficiaries who are in conditions of need by such means as thought fit including help and assistance for the aged, - 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. - d) to advance the Hindu religion. - 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• liu*i*e•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 se￿10￿ 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 eXam￿n$t10￿ whlch 9IVe5 rne caus• lo believa thai In. any rn•len•l Indopend•nt examlnèr's stat¥ment accouniing recordg were not kepl In accordance ¥wlh #ection 130 01 the Act or the accounts dg not accord Wilh Ihe aGcounlino recor￿8 I have no concern$ 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 Wt￿￿ts in Ihe br8cktris if they do ntsi awy. O•t•.. | 2B10112024 Narn•.' | Mr Dhirubhal D&hyabh81 Patel P•l•v•nt profe•*lon•l quallflcBtloni*i or body Addr•i•'. 99 PNnce Slro•i. W•lsall WS2 9JQ TIER Oetob•r 201•