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REGISTERED COMPANY NUMBER: 07770694 (England and Wales)
REGISTERED CHARITY NUMBER: 1146945














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 September 2024

for

Singh Charitable Foundation

Singh Charitable Foundation

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 9

Singh Charitable Foundation (Registered number: 07770694)

Report of the Trustees
for the Year Ended 30 September 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The object of the charity is to further the education and training of children, assist in the relief of poverty, and to provide overseas aid/famine relief in promoting the Sikh Religion.

Public benefit
The Trustees have had due regard to the guidance published by the Charities Commission on public benefit.

FINANCIAL REVIEW
Financial position
During the year no charity donations were received and donations of £7,415 were made to registered charities and worthy causes. Funds as at 30 September 2024 totalled £148,974 (2023: £156,869).

Reserves policy
The Trustees have adopted a policy that will aim to ensure that,at all times, the level of reserves is appropriate to the level of the Charity's activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07770694 (England and Wales)

Registered Charity number
1146945

Registered office
C/O Brutons Pharmacy
101 High Street
Moxley
Wednesbury
WS10 8RT

Trustees
Mrs R Kaur
Mr O Singh
Mr C S Bhandal

Singh Charitable Foundation (Registered number: 07770694)

Report of the Trustees
for the Year Ended 30 September 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Mr Aurijit Basu ACA ACMA
Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

Approved by order of the board of trustees on 10 March 2025 and signed on its behalf by:





Mr O Singh - Trustee

Independent Examiner's Report to the Trustees of
Singh Charitable Foundation


Independent examiner's report to the trustees of Singh Charitable Foundation ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.








Mr Aurijit Basu ACA ACMA

Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA

Date: .............................................

Singh Charitable Foundation

Statement of Financial Activities
for the Year Ended 30 September 2024

30.9.24 30.9.23
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies - -

Investment income 2 - 469
Total - 469

EXPENDITURE ON
Charitable activities
Donations 7,415 4,359
Management and administration 480 43
Total 7,895 4,402

NET INCOME/(EXPENDITURE) (7,895 ) (3,933 )


RECONCILIATION OF FUNDS
Total funds brought forward 156,869 160,802

TOTAL FUNDS CARRIED FORWARD 148,974 156,869

Singh Charitable Foundation (Registered number: 07770694)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Debtors 4 264 264
Cash at bank and in hand 148,710 156,605
148,974 156,869

NET CURRENT ASSETS 148,974 156,869

TOTAL ASSETS LESS CURRENT
LIABILITIES

148,974

156,869

NET ASSETS 148,974 156,869
FUNDS 5
Unrestricted funds 148,974 156,869
TOTAL FUNDS 148,974 156,869

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


Singh Charitable Foundation (Registered number: 07770694)

Balance Sheet - continued
30 September 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 10 March 2025 and were signed on its behalf by:





Mr O Singh - Trustee

Singh Charitable Foundation

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which 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 Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Expenditure is accounted for on a payment basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

2. INVESTMENT INCOME
30.9.24 30.9.23
£    £   
Deposit account interest - 469


Singh Charitable Foundation

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2024 nor for the year ended 30 September 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2024 nor for the year ended 30 September 2023.


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 264 264

5. MOVEMENT IN FUNDS
Net
At movement At
1.10.23 in funds 30.9.24
£    £    £   
Unrestricted funds
General fund 156,869 (7,895 ) 148,974

TOTAL FUNDS 156,869 (7,895 ) 148,974

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund - (7,895 ) (7,895 )

TOTAL FUNDS - (7,895 ) (7,895 )


Singh Charitable Foundation

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


5. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
1.10.22 in funds 30.9.23
£    £    £   
Unrestricted funds
General fund 160,802 (3,933 ) 156,869

TOTAL FUNDS 160,802 (3,933 ) 156,869

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 469 (4,402 ) (3,933 )

TOTAL FUNDS 469 (4,402 ) (3,933 )

6. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2024.