REGISTERED NUMBER: 04285042 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SRI NABH KAMAL RAJA SAHEB TRUST

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

H S Cheema

H Malhi

J R Gangotra

A Singh

A Singh

REGISTERED OFFICE:

Hadrian Chambers

Victoria Passage

Skinner Street

Wolverhampton

West Midlands

WV1 4LG

REGISTERED NUMBER:

04285042 (England and Wales)

ACCOUNTANTS:

Thapers Limited

Chartered Accountants

Harpal House

14 Holyhead Road

Handsworth

Birmingham

West Midlands

B21 0LT

FIXED ASSETS

Tangible assets

4

970,153

477,805

CURRENT ASSETS

Debtors

5

2,952

23,074

Cash at bank

37,012

111,244

39,964

134,318

CREDITORS

Amounts falling due within one year

6

434,848

47,289

NET CURRENT (LIABILITIES)/ASSETS

(394,884

)

87,029

TOTAL ASSETS LESS CURRENT LIABILITIES

575,269

564,834

CREDITORS

Amounts falling due after more than one year

7

9,023

14,065

NET ASSETS

566,246

550,769

RESERVES

Income and expenditure account

9

566,246

550,769

566,246

550,769

The 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 directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which 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 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 company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2025 and were signed on its behalf by:

H S Cheema - Director

1.	STATUTORY INFORMATION

Sri Nabh Kamal Raja Saheb Trust is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents donations received during the year and income from other charitable activities.

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

-

not provided

Improvements to property

-

not provided

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

10% on reducing balance

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

Computer

property

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 October 2023

223,377

321,026

94,155

1,520

640,078

Additions

495,262

-

1,610

-

496,872

At 30 September 2024

718,639

321,026

95,765

1,520

1,136,950

DEPRECIATION

At 1 October 2023

13,055

97,180

51,492

546

162,273

Charge for year

-

-

4,427

97

4,524

At 30 September 2024

13,055

97,180

55,919

643

166,797

NET BOOK VALUE

At 30 September 2024

705,584

223,846

39,846

877

970,153

At 30 September 2023

210,322

223,846

42,663

974

477,805

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Other debtors

-

15,101

Prepayments

2,952

7,973

2,952

23,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans and overdrafts (see note 8)

416,847

27,938

Trade creditors

730

2,073

Social security and other taxes

(1,269

)

(1,262

)

NEST Pensions

809

809

Net Wages

16,651

16,651

Accrued expenses

1,080

1,080

434,848

47,289

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/24

30/9/23

£

£

Bank loans (see note 8)

9,023

14,065

8.

LOANS

An analysis of the maturity of loans is given below:

30/9/24

30/9/23

£

£

Amounts falling due within one year or on demand:

Lloyds Loan Account

-

27,938

Natwest Loan Account

416,847

-

416,847

27,938

Amounts falling due between two and five years:

Bounce Back Loan

9,023

14,065

9.

RESERVES

Income

and

expenditure

account

£

At 1 October 2023

550,769

Surplus for the year

15,477

At 30 September 2024

566,246

10.	SHARE CAPITAL

The company is limited by guarantee and does not have a share capital.