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REGISTERED COMPANY NUMBER: 08073722 (England and Wales)
REGISTERED CHARITY NUMBER: 1147820














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MAY 2024

FOR

HINDU CULTURAL SOCIETY GRIMSBY

HINDU CULTURAL SOCIETY GRIMSBY

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2024










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5

Notes to the Financial Statements 6 to 10

HINDU CULTURAL SOCIETY GRIMSBY (REGISTERED NUMBER: 08073722)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 MAY 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 May 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
Advancing the Hindu religion, culture and promoting integration with the other communities.

Advancing the education in the Hindu tradition, history, language, literature and music.

Public benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit and complied with section 17(5) of the 2011 Charities Act when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees/Directors consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
We celebrated a number of Hindu festivals bringing together Hindu communities in the area. We also held music, dance and fund raising events inviting other communities, religious groups to come together and help understanding. We have started weekly Indian classical dancing lessons with a professional teacher. We also held regular study sessions into Hindu religious scripture, visiting schools when asked to talk about Hinduism to enhance what has been taught at school. Work has continued on improving and updating the society's premises.

FINANCIAL REVIEW
Reserves policy
The level of reserves is closely monitored by the trustees to ensure any necessary action is taken at the appropriate time. Free reserves at the 30th May 2024 amounted to £22,421 (2023 - £29,018). The Trustees feel reserves are adequate for the charity to continue.

FUTURE PLANS
Renovation of the society's premises will continue, this will enable the increase of activities such as yoga, meditation, literature, dance and music for all. We intend to have more monthly classes of yoga, music lessons, Bollywood dancing and to continue with school visits to the centre.

We hope to arrange functions in subjects of common interest to all communities which will help integration and understanding of other communities.

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.

Recruitment and appointment of new trustees
The charity seeks to appoint trustees/directors from persons who share the same ethos. It seeks to identify those most suitable to bring a balance of skills and strengths to the board.

Organisational structure
Management and Trustees/ Directors are responsible for the management of the Charity and its assets in furtherance of its objects.

Induction and training of new trustees
On appointment, all Trustees undertake an induction to include overview of the Charity and breakdown of responsibilities.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08073722 (England and Wales)

Registered Charity number
1147820


HINDU CULTURAL SOCIETY GRIMSBY (REGISTERED NUMBER: 08073722)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 MAY 2024


Registered office
37 Pinfold Lane
Holton-Le-Clay
Grimsby
DN36 5DT

Trustees
Dr A. P. Kumar (resigned 28.9.24)
Dr. S. K. Majumdar (resigned 28.9.24)
Dr. D. Sarkar (resigned 28.9.24)
Dr. S. Sarkar (resigned 28.9.24)
Dr. R. Vedutla (resigned 28.9.24)
Dr. A. Sinha
Dr. A Sinha (appointed 1.8.23) (resigned 28.9.24)
Dr P S Babu (appointed 28.9.24)
Dr G G De (appointed 28.9.24)
R Green (appointed 28.9.24)
Dr D M Pai (appointed 28.9.24)
Dr R P Pathak (appointed 28.9.24)
Dr S Sarkar (appointed 28.9.24)

Independent Examiner
Mrs. H. Spauls FCA
Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL

Bankers
HSBC Bank plc
55 Victoria Street
GRIMSBY
DN31 1UX

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Hindu Cultural Society Grimsby for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 30 April 2025 and signed on its behalf by:




Dr. S. Sarkar - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HINDU CULTURAL SOCIETY GRIMSBY (REGISTERED NUMBER: 08073722)


Independent examiner's report to the trustees of Hindu Cultural Society Grimsby ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 May 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.








Mrs. H. Spauls FCA

Smethurst & Co LLP
12 Abbey Road
GRIMSBY
DN32 0HL

30 April 2025

HINDU CULTURAL SOCIETY GRIMSBY

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 MAY 2024

30.5.24 30.5.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 4,795 - 4,795 5,325

Charitable activities
Charitable Activities 2,803 - 2,803 2,818
Total 7,598 - 7,598 8,143

EXPENDITURE ON
Charitable activities
Charitable Activities 17,524 - 17,524 13,098

NET INCOME/(EXPENDITURE) (9,926 ) - (9,926 ) (4,955 )


RECONCILIATION OF FUNDS
Total funds brought forward 161,110 - 161,110 166,065

TOTAL FUNDS CARRIED FORWARD 151,184 - 151,184 161,110

HINDU CULTURAL SOCIETY GRIMSBY (REGISTERED NUMBER: 08073722)

BALANCE SHEET
30 MAY 2024

30.5.24 30.5.23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 128,763 - 128,763 132,092

CURRENT ASSETS
Debtors 6 738 - 738 553
Cash at bank 25,943 - 25,943 30,434
26,681 - 26,681 30,987

CREDITORS
Amounts falling due within one year 7 (4,260 ) - (4,260 ) (1,969 )

NET CURRENT ASSETS 22,421 - 22,421 29,018

TOTAL ASSETS LESS CURRENT LIABILITIES 151,184 - 151,184 161,110

NET ASSETS 151,184 - 151,184 161,110
FUNDS 8
Unrestricted funds 151,184 161,110
TOTAL FUNDS 151,184 161,110

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


The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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.

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 30 April 2025 and were signed on its behalf by:





A. P. Kumar - Trustee

HINDU CULTURAL SOCIETY GRIMSBY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 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.

The charity has departed from the Charities SORP and FRS 102 in order to depreciate all freehold property at a rate of 2% on a straight line basis.

The treatment required by the Charities SORP and FRS 102 where an asset comprises of two or more major components is that each component should be depreciated separately over its useful life and that the value of land is not depreciated.

The trustees consider that depreciating all freehold property at a rate of 2% on a straight line basis reflects the value of the asset for the charity, and have concluded that the accounts present a true and fair view.

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
Liabilities are recognised as expenditure 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 attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Freehold property - 2% Straight Line
Fixtures and fittings - 20% Reducing Balance

Fixed assets are stated at cost less accumulated depreciation. The cost of minor additions of less than £300 are not capitalised.

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.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.


HINDU CULTURAL SOCIETY GRIMSBY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MAY 2024


2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

30.5.24 30.5.23
£    £   
Accountancy 480 528
Depreciation - owned assets 3,329 3,380

3. TRUSTEES' REMUNERATION AND BENEFITS

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


Trustees' expenses

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


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 5,325 - 5,325

Charitable activities
Charitable Activities 2,818 - 2,818
Total 8,143 - 8,143

EXPENDITURE ON
Charitable activities
Charitable Activities 13,098 - 13,098

NET INCOME/(EXPENDITURE) (4,955 ) - (4,955 )


RECONCILIATION OF FUNDS
Total funds brought forward 166,065 - 166,065

TOTAL FUNDS CARRIED FORWARD 161,110 - 161,110


HINDU CULTURAL SOCIETY GRIMSBY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MAY 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 31 May 2023 and 30 May 2024 156,324 3,350 159,674
DEPRECIATION
At 31 May 2023 25,249 2,333 27,582
Charge for year 3,126 203 3,329
At 30 May 2024 28,375 2,536 30,911
NET BOOK VALUE
At 30 May 2024 127,949 814 128,763
At 30 May 2023 131,075 1,017 132,092

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 30.5.23
£    £   
Other debtors 738 553

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 30.5.23
£    £   
Other creditors 4,260 1,969

8. MOVEMENT IN FUNDS
Net
At movement At
31.5.23 in funds 30.5.24
£    £    £   
Unrestricted funds
General fund 161,110 (9,926 ) 151,184

TOTAL FUNDS 161,110 (9,926 ) 151,184

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 7,598 (17,524 ) (9,926 )

TOTAL FUNDS 7,598 (17,524 ) (9,926 )


HINDU CULTURAL SOCIETY GRIMSBY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MAY 2024


8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
31.5.22 in funds 30.5.23
£    £    £   
Unrestricted funds
General fund 166,065 (4,955 ) 161,110

TOTAL FUNDS 166,065 (4,955 ) 161,110

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 8,143 (13,098 ) (4,955 )

TOTAL FUNDS 8,143 (13,098 ) (4,955 )

A current year 12 months and prior year 12 months combined position is as follows:

Net
At movement At
31.5.22 in funds 30.5.24
£    £    £   
Unrestricted funds
General fund 166,065 (14,881 ) 151,184

TOTAL FUNDS 166,065 (14,881 ) 151,184

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 15,741 (30,622 ) (14,881 )

TOTAL FUNDS 15,741 (30,622 ) (14,881 )


HINDU CULTURAL SOCIETY GRIMSBY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MAY 2024


9. RELATED PARTY DISCLOSURES

Donations made by Trustees to the charity during the year amounted to £950 (2023 - £960).