2024-12-31-accounts - Shree Wanza Community Leicester

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SHREE WANZA COMMUNITY LEI STE DEfAILED STATEMENT OF FINANCIAL ACTIVITIES rthe ear ended 31 Dember 2024 2024 2023 INCOME AND EXPENDITURE Voluntary and Hall Hlre Income Donations Membership Subscrlptlons Hall Hire Income Katha Donatlons Glft Ald Recelved 36,131 3,358 992 53,476 1.337 22,069 3,221 13,775 7,252 103,894 46,317 Other Income Charltable Actlvlties Income (Kablr Café Event) Katha Sponsorshlp Income 2,576 6,838 Total Incomlng resources 110,732 48,893 EXPENDITURE Cost of Generatlng Income and for Charltable Artlvltles Rates and Water Insurance LIBht and Heat Repalrs and Renewa15 Hyglene, aeanlng Products & Waste Dlsposal Parkln& Cleanln8 & Securlty Telephone Postage, Statlonery and ICT Advertlslng and Webslte Subscrlptions Donations Pald Food for Cultural, Communlty and Charitable Actlvltles Other Costs for Cultural, Communlty and Charltable Actlvltles Katha Food and Other Costs Sundrles 1,100 2,692 4,856 10,045 2,162 4,600 635 1,022 866 2,629 3,475 3,185 1,817 4,078 641 335 50 502 5,966 6,104 50 251 6,691 3,089 44,824 382 781 83,347 31,833 Governance costs Accountancy and Related Costs Other Depreclatlon of Tanglble Flxed Assets Depreclatlon of Flxtures and Fittings 989 1,038 14,197 6,534 14,197 5,658 Total resources expended 105,067 52,726 Net Income / {expenditure) 5,655 13,833) Thls page does not form part of the statutory financial statements Page 11

SHREE WANZA COMMUNITY LEICESTER NOTES TO THE FINANCIAL STATEMENTS- contlnued for the ear ended 31 Dember 2024 6 MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position Is as follows: Net movement in funds At 31.12.2024 At 01.01.2023 Unrestrlcted funds General fund 501,304 1,832 503,136 TOTAL FUNDS 501,304 1.832 503.136 A current year 12 months and prior year 12 month5 combined net movement In fvnds, included in the above are as follows: Incomlng resources Resources expended Movement In funds Unrestrlrted funds General fund 159,625 (157,793) 1,832 TOTAL FUNDS 159,625 (157,793) 1,832 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2024 nor for the year ended 31 December 2023. Page 9 continued...

SHREE WANZA COMMUNITY LEICESTER OTES TO THE FINANCIAL STATEMENTS- contlnued For the ear ended 31 December 2024 MOVEMENT IN FUNDS Net movement In fund5 At 31.12.2024 At 01.01.2024 Unrestrlrted funds General fund 497,471 5,665 503,136 TOTAL FUNDS 497,471 5,665 503,136 Net movement In funds, Included In the above are as follows: Incomlnz resources Resources expended Movement In funds Unrestrfcted funds General fund 110,732 1105,067) 5,665 TOTAL FUNDS 110,732 1105,067) 5,665 Comparatlves for movement In funds Net movement In funds At 31.12.2023 At 01.01.2023 Unrestrfcted funds General fund 501,304 3,8331 497,471 TOTAL FUNDS 501,304 3033) 497,471 Comparatlve net movement In funds, included In the above are as follows: Incomlng resources Resources expended Movement In funds Unrestrirted funds General fund 48,893 {50.689) (3,883) TOTAL FUNDS 48.893 (50,689 3,883) Pa8e 8 continued...

SHREE WANZA COMMUNITY LEICESTER NOTES TO THE FINANCIAL STATEMENTS- contlnued For the ear ended 31 December 2024 TANGIBLE FIXED ASSErs Fixtures and Flttlngs Freehold Property Totals COST At l January 2024 Additions 709,874 125.339 9,163 835,213 9,163 At 31 December 2024 709,874 134,502 844,376 DEPRECIATION At l January 2024 Charge for year 341,560 14,197 108,365 6,534 449,925 20,731 At 31 December 2024 355.757 114.899 470.656 NET BOOKVALUE At 31 December 2024 354,117 19,603 373,720 At 31 December 2023 368,314 16,974 385,288 DEBTORS 2024 2023 VAT Repayment Due Deposits Paid Insurance Prepayment 1,290 800 1,826 1,731 1,731 3,916 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 VAT Payable Other Creditors (Hall Hire Deposits) Accruals (Accountancy) 1.036 1.825 700 2,400 650 3,561 3,050 Page 8 continued...

SHREE WANZA COMMUNITY LEICESTER NOTES TO THE FINANCIAL sfATEMENTS For the ear ended 31 December 2024 ACCOUNTING POLICIES Basls of preparlng the flnanclal statements The financlal statements of the charity, whlch 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 Pract{ appllcable to charities preparing their accounts In accordance with the Flnancial Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective l January 2020),, Financial Reportlng Standard 102 'The Flnanclal Reportlng Standard applScable in the UK and Republic of Ireland, and the Charitles Act 2011. The financial statements have been prepared under the historical cost conventlon. Income All income is recognised In the Statement of Financial Activitles once the charlty has entltlement to the funds, it is probable that the Income wlll be recelved and the amount can be measured reliably. Government Grants (COVID-19 support) Grants received during the year are not repayable and have been recognised as Income. Expenditure Liabilities are recognised as expendlture 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 attrlbuted to particular headings they have been allocated to activities on a basis consistent wlth the use of resources. Tanglble fixed assets Depreciation is provlded at the following annual rates In order to wrlte off each asset over its estimated useful life. Freehold Property Flxtures and fittings 2% on straight line basis 25% on reducing balance Taxatlon The charity is exempt from tax on its charitable activities. Fund ac¢ountlng Unrestricted funds can be used in accordance wlth the charltsble objectlves at the discretion of the trustees. Restricted fvnds can only be used for particular restrlcted purposes within the objects of the charity. Restrirtions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanatlon of the nature and purpose of each fund is included In the notes to the financial statements. Hlre purchase and leaslng commltments Rentals paid under operating leases are charged to the Statement of Financlal Activities on a straight line basis over the period of the lease. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trustees, expenses There were no trustee< expenses paid for the year ended 31 December2024 nor for the year ended 31 December 2023. Page 6 ontinued...

SHREE WANZA COMMUNif( LEICESTER BALANCE SHEET as at 31" December 2024 2024 Unrestricted fund 2023 Total funds Notes FIXED ASSETS Tangible assets 373,720 385,288 CURRENT ASSETS VAT Repayment Due Other Debtors Cash at bank 1,290 2,626 111317 1,731 131246 132,977 115,233 CREDITORS Amounts falling due within one year VAT Payable Other Creditors (Hall Hire Deposits) Accruals (Accountancy) 1,036 1,825 700 3,561 2,400 650 3,050 NET CURRENT ASSETS 129,416 112,183 TOTAL ASSETS LESS CURRENT LIABILITIES 503,136 497,471 NET ASSETS 503,136 497,471 FUNDS Unrestricted funds 503,136 497,471 TOTAL FUNDS 503,136 497,471 nd The financial statements were approved by the Board of Trustees and authorised for issue on 22 June 2025 and were signed on its behalf by: Govind Jivan Shikotra Trustee Narendra Keshavji Shikotra Treasurer The notes form part of these financial statements Page 5

SHREE WANZA COMMUNITY LEICEsfER srATEMEKf OF FINANaAL AcnvmES For the ear ended 31 December 2024 2024 Unrestricted fund 2023 Total funds Notes INCOMING RESOURCES Voluntary & Hall Hlre Income Other income 103,894 638 46,317 2,576 Total 110,732 48,893 EXPENDITURE ON Costs of generatlng income and for charitable activities 83,347 31,833 Governance Costs 1,038 Other- Depreciation 20,731 19,855 Total 105.067 S2,726 NEf INCOME / (EXPENDITURE) 5,665 {3,833) RECONaLIATION OF FUNDS Total fund5 brought tOard 497A71 501.304 TOTAL FUNDS CARRIED FORWARD 503.136 497,471 The notes forni part of these financial statements Pa8e 5

INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF SHREE WANZA COMMUNITY LEICESTER Independeiit examinerfs report to the tnistees of Shyee Wanza Communlty Lelcester I report to the charity trustees on my examination of the accounts of Shree Wanza Communlty Lelcester (the Trust) for the year ended 31 December 2024. Responslbilities and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts In accordance wlth 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 caryin8 Out my examination I have followed all applicable Directions given by the Charity Commlsslon under section 145(5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confirni that no material matters have come to my attention in connertion wlth the examination giving me cause to believe that in any material respect: accounting records were not kept Sn respect of the Trust as required by section 130 of the Act. or the accounts do not accord with those records; or 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 21308 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 connectlon with the examination to which attention should be drawn in thls report in order to enable a proper understsnding of the accounts to be reached. Mr Dipesh Dodia FCCA, BA {Hons) IA Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD Date: ................-............................ Page 3

SHREE WANZA COMMUNITY LEICESTER REPORT OF THE TRUSTEES For the ear ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 IFRS 102) (effective l January 2020). 5TRucfuRE, 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 DEfAILS Registered Charity number 702853 Principal address 31 Pasture Lane Leicester LEI 4EY Trustees Navin Ravilal Gohil Govind Jivan Shikotra Hasmukh Devji Nandha Jayendra Jamnadas Parmar Sunil Dayala I Sonigra Independent Examiner IA Accountancy Chartered Certified Accountants 262 Catherine Street Diamond Business Building Leicester LE4 6GD Approved by order of the board of trustees on 22. June 2025 and signed on its behalf by: Hasmukh Devji Nandha Trustee Govind Jivan Shikotra Trustee Page 2

SHREE WANZA COMMUNrrY LEICESTER Legal and administrative information TrteeS Hasmukh Devji Nandha Navln Ravllal Gohll Govlnd Jlvan Shikotra Sunil Dayalal Sonigra Jayendra Jamnadas Pamiar Executlve Commlttee Milan Hansraj Sonl8ra Dillan Vlnod Shlkotra Mayur Govlnd Shlkotra Dinta Satish Vlsavadia Narendra Keshavji Shikotra Pankaj Prabhudas Mandallya President Vlce Presldent Secretsry Assistsnt Secretary TaSUr Asslstant Treasurer Commlttee Members A5hwln Sevaklal Solanki Beena Dlllp Parmar Beena Narendra Shlkotra Bhartl Kaushik Bhundla Dhanlaxml Surlnderjethwa JaSmala Narendra Chavda Jatin Jayprakash Parniar Krunal Bha8wanJS Makwana Meeta Naresh Parmar Mltul Mllan Sonl8ra Mukesh Madhavji Shikotra Pinal Parmar-vaja Rajesh Oevjl Mandalla Rakesh Bhupat Gohil Rekha Ramesh Parmar Subhash Zaverllal Bhundla Sunlta Mllan Sonl8ra Charlty number 702853 Reglstered offlce 31 Pasture Lane Leicester LEI 4EY Accountants IA Accountancy Chartered Certifled Accountants 262 Catherine Street Diamond Business Buildln8 Leicester LE4 6GD Bankers Barclays Bank PLC Haymarket Towers Leicester LE87 2BB Page 2

SHREE WANZA COMMUNITY LEICESTER CONTENTS OF THE FINANCIAL STATEMENTS For the ear ended 31 December 2024 Page Legal and admlnlstratlve Informatlon Report ot the Trustees Independent Examlner's Report Statement of Flnandal Artlvltles Balance Sheet Notes to the Hnanclal Statements 6t07 Detalled Statement of Flnanclal Actlvltles 7toll

REGISTERED CHARITY NUMBER: 702853 REPORT OF THETRUSTEES AND FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR SHREE WANZA COMMUNITY LEICESTER IA Accountancy Chartered Certlfied Accountants 262 Catherfne Street Diamond Buslness Building Lelcester LE4 6GD