**Milton Keynes Hindu Association** **To Preserve & Promote Hindu Culture** **Registered Charity Number: 802344** Ferry Meadows Close Milton Keynes MK10 9QY **Tel:** 0300 365 1008 e-mail: info@mkha.org secretary@mkha.org ## Trustees' Annual Report ## **Trustees' Annual Report** The trustees are pleased to present their annual report along with the financial statements for the Milton Keynes Hindu Association (MKHA) for the year ending 31 March 2025. ## **Reference and Administrative Details of the Charity** **Charity Name:** Milton Keynes Hindu Association **Charity Number:** 802344 **Principal Address:** MKHA Community Centre Ferry Meadows Close Broughton Milton Keynes MK10 9QY ## **Trustees** - Satmesh Panchal (Chair) - Manjula Koria - Sunil Gandhi ## **Professional Advisers** **Accountants:** ACE Accounts & Tax Limited Chartered Certified Accountants 2 Whittle Court Knowhill Milton Keynes MK5 8FT Page **1** of **4** MKHA – Trustee Report Jan 2026 ## **Structure, Governance and Management** The charity operates in accordance with its governing document. During the year, members were consulted on and approved a new constitution as part of a transition to a **Charitable Incorporated Organisation (CIO)** structure. This transition supports the charity’s long-term sustainability and governance objectives. The proposal was presented at the Annual General Meeting held in February 2025, and a Special Extraordinary General Meeting (EGM) was convened in June 2025 to formally adopt and establish the CIO. The charity is managed by a board of trustees who meet regularly and oversee strategy, compliance, and financial controls. Day-to-day activities are delivered primarily by a dedicated team of volunteers with skills across first aid, health and safety, maintenance, event planning, management, and compliance. ## **Objectives and Activities** The principal objective of the charity is to preserve and promote Hindu culture and heritage while fostering community cohesion and inclusivity. To achieve this objective, the charity organises weekly events and activities at its community centre. These events are open to the wider community and are provided free of charge wherever possible, ensuring accessibility for all. During the year, the charity continued to expand the number and range of events delivered. The community centre remained a safe, healthy, and welcoming environment for all users. The charity also enhanced its digital engagement through social media platforms, including Facebook and Instagram, alongside the launch of a revamped website. Further improvements to digital platforms remain ongoing. A significant development during the year was the addition of the **Silver Lotus** , a luxury marquee which has substantially enhanced the charity’s capacity to host large-scale events. While the construction phase is complete, some building control matters remain ongoing. Despite these challenges, the trustees and volunteers remain committed and optimistic. Infrastructure improvements during the year included groundworks, drainage, security enhancements, and the installation of a marquee capable of seating up to 500 people. In planning and delivering activities, trustees have had due regard to the Charity Commission’s guidance on public benefit. Page **2** of **4** MKHA – Trustee Report Jan 2026 **Milton Keynes Hindu Association** **To Preserve & Promote Hindu Culture** **Registered Charity Number: 802344** Ferry Meadows Close Milton Keynes MK10 9QY **Tel:** 0300 365 1008 e-mail: info@mkha.org secretary@mkha.org ## **Achievements and Performance** Attendance at regular activities continued to increase throughout the year. Key activities delivered included: - Educational classes in Hindi, Gujarati, and Bollywood dance - Wellbeing initiatives, including a lunch club for the elderly - Health and wellbeing seminars - Regular prayers and devotional musical events Major religious and cultural celebrations during the year included **Ganesh Utsav, Holi, Ram Navami, Hanuman Jayanti, Jalaram Jayanti, Janmashtami, Mahashivratri, and Navratri.** The Silver Lotus marquee played a central role in hosting many of these celebrations. The charity also successfully hosted **Navratri 2024** in the marquee and organised a **Diwali show** at Denbigh School. The charity’s bereavement team continued to provide vital support to families during difficult times, including services held at the Silver Lotus. In keeping with the charity’s inclusive ethos, facilities were made available for functions regardless of faith or background. The charity also collaborated with Arts and Heritage organisations on community projects and supported food banks and crisis appeals. During the year, MKHA celebrated the **6th anniversary** of its community centre with a well-attended event showcasing its achievements and impact. ## **Financial Review** The charity recorded a deficit of **£30,788** for the year. While the charity benefited from generous donations and community support, significant expenditure was incurred in relation to the Silver Lotus project. The charity operates largely through volunteer support, with the exception of educational class teachers who are remunerated for their services. The trustees express sincere gratitude to patrons who provided interest-free loans, enabling the successful completion of the Silver Lotus project. No RICS valuation was undertaken during the year; however, trustees believe the value of the premises has remained stable. Total cash reserves, including loans and donations, stood at approximately **£116,079** at year end. These funds will support Phase 2 development and ongoing operational requirements. Income generated from the Silver Lotus will be primarily allocated to loan repayments, supplemented by continued fundraising activity. Page **3** of **4** MKHA – Trustee Report Jan 2026 ## **Structure, Governance, and Management** The charity continues to operate in accordance with its constitution. Our dedicated team of volunteers brings a diverse range of skills, including **first aid, health and safety, maintenance, event planning, management, and compliance** . We have introduced a **new constitution** to our members, transitioning to a **Charitable Incorporated Organisation (CIO)** model. This transition aligns with our long-term goals and was proposed **in February 2025 AGM** . A special EGM was conducted in June 2025 to adopt and form the new CIO. ## **Future Plans** The charity intends to continue promoting the Silver Lotus marquee to generate sustainable income while expanding fundraising initiatives and community engagement activities. Further development of facilities and services remains a key strategic priority. ## **Statement of Trustees’ Responsibilities** The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (FRS 102). ## **Exemptions from Disclosure** Due to unavoidable circumstances, the Annual General Meeting was held on **9 February 2025** . ## **Approved by the Trustees and signed on their behalf** ## **Satmesh Panchal** Trustee (Chair) Milton Keynes Hindu Association Page **4** of **4** MKHA – Trustee Report Jan 2026 aiaritv reglstF7tlon number: 802344 MILTON KEYNES HINDU ASSOCIATIO TRUSTEES. REPORT AN FINANCIAL STATEMENT& FOR THE YEAR ENDED 31 MARCH 2025 Mli ton Keynes Hindu AssoclatEon Contents Trustees, Report IrKlependent Examinevs Report statement of Flnandal Activltles Statement of Flnandal Posltlon Notes to the Flnandal Staternents The followlng pages do not form part of the statutory accounts". Detalled Statemert of Flnandal Activlttes 9-10 Mllton Keynes Hindu Association Trustees. Report For The Year Ended 31 March 2025 The trustees present thelr report and the finandal statements for the year ended 31 March 2025. Reference and Adrnlnl*tr•tlve D•t• Mr Satme5h Panchal Ms Manjula Korl Mr Sunll Gandhl Charttv Numb•r 8023 rlndpal Addr MKHA Communlty Centre Ferry Meadows Close Broughton Mllton Keynes MKIO 9QY Ind•p•nd•nt Examlner ACE Accounts and Tax Ltd ACCA ACE Accounts and Tax Ltd ACCA CIO Ace Accounts & Tax Ltd. 2 Whlttle Court Knowhill Mllton Keynes MK58 Page I 14ilton Keynes Hindu Association Trustees, Report (continued) For The Year Ended 31 March 2025 The trustees, report was approved by the board of tn&ees and 51gned on its behalf w. ¥r Satme5h Panchal Tnjstee Date Page 2 Mllton K4vnes Hlndu As8odatiaF For The Year Ended 31 March 20 .*rch 202$. the chartt￿ Art 2011 ftt* A￿. 3 th• accounts do not comply wltt) the èpplkabte req￿kn￿ ￿11¢¢Th￿ng the fom and ccrterts of accounts set ¢)ut In the Chorltles {Accourts and Rem) Re9￿ 2LI)8 othw than ary requlrerr** ttwt accwrt¥ gl¥e • *rue and falr C40 k¢ Acrowts & Tbx Ltd, 2 Whlll• Knowhll MHton K•yn MKS 8Fr Mllton Keynes Hlndu As￿elatIon statement of Flnancial Activities For The Year Ended 31 March 2025 202S 2024 Unrestrfrted Unrestrlct•d fund• fund COME AND ENDOWMEpifs FROM: "Donations and legacies Chadtsble arttvlttes. TO PROMOTE HINDU CULTURE AND RELIGION IN MILTON KEYNES AND Trs ENVIRONS 83,948 36.599 8,311 8,030 Investments Other 1,478 93,523 76,103 169,331 139.630 EXPENDrnJRE OM: Charitsble actlvities.. TO PROMOTE HINDU CULTURE AND REUGION IN MILTON KEYNES AND rrs ENVIRONS {200.119) (143.708> expEMDITURe (30,788) 14,078) NET MOVE14EKf IN FUNDS RECONCIUATION OF FUNDS. Total funds brought forward {30.788) (4,078) 810,701 814,779 TOTAL FUNDS CARRIEO FORWARD 12 779.913 810,701 The notes on pages 6 to 8 form part of these flnanclal statemert5. Milton Keynes Hindu AS￿cIatIOn statement of Financial Position As At 31 March 2025 2025 2024 Unr¢strlcted Total fund¥ funds FIXED ASSErs Trnglble Assets 716.884 692,244 716.884 692,244 CURRENT ASSETS Debtors Cash at bank and In hand 54,722 116.079 71.721 137,156 170,801 208,877 Crodltovs: Amounts Falllng Due Wlthln One Year io (107.772) 190,42ffJ NEf CURRENT ASSEfs (LIABILITIES) 63,029 118,457 YOTAL ASSEfs LESS CURREiif LZABILMES 779.913 810,701 NEf ASSETS 779,913 810,701 FUNDS OF THE CHARrrY Unrestricted Funds 779,913 810,701 TOTAL FUNDS Iz 779,913 810,701 On behalf of the board Mr Satmesh Panc￿1 Trustee Date ,z expEMDITURe (30,788) 14,078) NET MOVE14EKf IN FUNDS RECONCIUATION OF FUNDS. Total funds brought forward {30.788) (4,078) 810,701 814,779 TOTAL FUNDS CARRIEO FORWARD 12 779.913 810,701 The notes on pages 6 to 8 form part of these flnanclal statemert5. Milton Keynes Hindu AS￿cIatIOn statement of Financial Position As At 31 March 2025 2025 2024 Unr¢strlcted Total fund¥ funds FIXED ASSErs Trnglble Assets 716.884 692,244 716.884 692,244 CURRENT ASSETS Debtors Cash at bank and In hand 54,722 116.079 71.721 137,156 170,801 208,877 Crodltovs: Amounts Falllng Due Wlthln One Year io (107.772) 190,42ffJ NEf CURRENT ASSEfs (LIABILITIES) 63,029 118,457 YOTAL ASSEfs LESS CURREiif LZABILMES 779.913 810,701 NEf ASSETS 779,913 810,701 FUNDS OF THE CHARrrY Unrestricted Funds 779,913 810,701 TOTAL FUNDS Iz 779,913 810,701 On behalf of the board Mr Satmesh Panc￿1 Trustee Date ,z