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Company registration number: 12007260
Charity registration number: 1202559
Ananda9 Ltd
Trustees' Report and
Unaudited Financial Statements
For The Year Ended 30 April 2026
Contents
Page
Trustees' Report 1—6
Independent Examiner's Report 7
Statement of Financial Activities (including Income and Expenditure Account) 8
Balance Sheet 9—10
Notes to the Financial Statements 11—17
Page 1
Trustees' Report
The trustees present their report and the financial statements for the year ended 30 April 2026.
Objectives and Activities
Aims and Objectives
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Charity objects are set out in the articles of association, and the objects were amended by a special resolution on 20 March 2023 following approval from the charity commission under section 198 of the charities act. Summary of the objects are:
To promote social inclusion for the public benefit by preventing people from becoming social excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.
For the purpose of this clause ‘socially excluded’ means being excluded from society, or parts of society, as a result of ill health (physical or mental) or disability.
Ananda9 Ltd activities are organised to achieve public benefit through activities in the community.
Ananda9 Ltd started as a small organisation in 2017 and established as a not-for-profit voluntary organisation and registered with company house on 20 May 2019. Ananda9 limited company is managed by management committee members/trustee who are nominated from carers and service users of Ananda9. Ananda9 Ltd become a charity on 30 March 2023 to serve the communities of Leicester.
Ananda9 Ltd is a unique service for adults experiencing enduring mental ill health who require day to day therapeutic activities, educational and social support to engage in their community and promote social inclusion.
Charity has been supporting local people with mental health difficulties by delivering services in their home and in the community to improve their quality of life. Our aim is to help to feel fitter and healthier, to avoid social isolation and feelings of loneliness, to help build self-confidence, and to remain living independently at home. We do this through a variety of ways: group activities that provide opportunities to improve fitness, develop new skills and build confidence whilst providing emotional support and friendship with peers; practical and emotional one-to-one support that improves the ability to stay living at home. We will need to continue to develop innovative solutions so that we meet the changing needs of our mental health community and find ways of providing support as gaps form in the provision of publicly funded health & social services. Our Strategic Business Plan for 2023–2027 builds upon our Mission and Vision and sets out our strategy for the period within the context of local and national challenges. The plan sets out strategic objectives and priorities for the three years ahead. They demonstrate our commitment to securing resources and further building our capacity to respond effectively to these challenges.
Our Vision: Charity believes that every individual matter and should be respected regardless of their disability. We believe that everyone has a right to engage in activities of their own interest and be an integral part of their community.
Our Mission: To support individual to maximise their quality of life, whether they are looking to regain forgotten skills or gain new ones, we believe that at Ananda9 can support individuals to achieve their outcomes.
Charity believes in creating a safe, warm welcoming environment which empowers people with disabilities to feel safe to explore their therapeutic creative abilities without expectation or judgement. It believes in a person-centred approach to ensure that a plan is created unique to the individual's needs and requirements. We actively encourage choices and decisions with support. Ananda9 believes that every individual should be respected with kindness and dignity.
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Public Benefit
Ananda9 Ltd provides day opportunity services for Adults with chronic mental health issues. There are structured activities, therapy socialisation, skill training, peer support, counselling and group daytrips. These activities aid social inclusion and reduce isolation. Day care gives opportunity to interact, make friends, reduce loneliness and share experiences. This enables to improve individual mental health, maintain independence and improved quality of life.
Carers and family benefit as Ananda9 services helps and reduce the burden on family/informal carers. Increasing their understanding of mental health and able to care better with the support of peer group and professionals. This helps to reduce stress and associated health impacts on carers.
Ananda9 Ltd day opportunity support prevents crisis, people’s admission to hospital or residential care and therefore reduces demand on acute services
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Main Achievements
Charity organised 253 group sessions in the community during the year. There were on average 30 people attending each day. Total beneficiaries were 58 people.
Group sessions operated from Monday to Friday in the community setting at Wellspring/ St Albans Centre, on the corner of Harrison road/Weymouth street in the Belgrave area of the Leicester city. Staff and volunteers are multilingual and able to communicate in many south Asian languages. Transport is provided free of charge for people who has been assessed as needing this provision.
People who attend charity groups enjoy and benefit from the following programmes. These are therapeutic activities run by therapists and Ananda9 staff to promote their wellbeing, social inclusion, confidence building and independence. They benefit from activities such as yoga, gentle exercise, flower arranging, basic computer learning, and music, English as second language classes, Leisure activities (Table Tennis, snooker, and board games), Art and craft. There were also session for personal health management facilitated by external tutor. We work in partnership with other agencies in the area. There were special programmes planned during summer which includes outing/day trips. These promoted social inclusion activities in the wider community. These programmes are evolving in consultations with clients and their carers and professions involved with the charity.
We also provide 1:1 support service (non personal care) as commissioned by social workers to promote and maximise individual’s potential. Assist with their correspondence and liase with other local authority departments, benefit agency and health professional as per the individual plan.
Transport is provided if required with in the Leicester city limits. Ananda9 encourages/assists potential clients to make their own way where possible. Aim is to minimise the suffering and effects of severe mental health difficulties and re- integrate people into the community and enjoy a normal life as possible.
Financial Review
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Financial Position
During the year ended 30 April 2026, the charity generated total income of £294,909 (£258,677: 2025), comprising donations and gifts of £289,079 (£253,841: 2025) and bank interest of £5,830 (£4,836: 2025).
Total expenditure for the year was £178,175 (£168,772: 2025), resulting in net income for the year of £116,734 (£89,905: 2025).
At 30 April 2026, the charity had total funds of £608,477 (£491,743: 2025), all of which were unrestricted. Cash at bank and in hand amounted to £586,050 (£462,128: 2025) and tangible fixed assets had a net book value of £22,550 (£29,741: 2025). Creditors falling due within one year amounted to £123 (£126: 2025).
The trustees consider the charity to be in a sound financial position and continue to monitor income, expenditure and reserves to ensure that sufficient resources remain available to support the charity’s activities and objectives.
Reserves Policy
It is the policy of the charity to maintain unrestricted reserves at a level sufficient to support the continued delivery of its charitable activities and to provide financial resilience in the event of an unexpected reduction in income or increase in expenditure.
The trustees aim to maintain unrestricted funds which have not been designated for a specific purpose at a level equivalent to approximately three to six months’ expenditure. The trustees consider that reserves at this level provide sufficient time to consider alternative sources of funding and take appropriate action should there be a significant reduction in income.
At 30 April 2026, the charity held total unrestricted funds of £608,477 (£491,743: 2025), including cash at bank and in hand of £586,050 (£462,128: 2025). Total expenditure for the year amounted to £178,175 (£168,772: 2025).
The level of unrestricted funds held at the year end is therefore significantly above the charity’s stated target of three to six months’ expenditure. The trustees will continue to review the level of reserves and consider the appropriate use of available funds in furtherance of the charity’s objectives and for the benefit of its beneficiaries.
Going Concern
The trustees have considered the charity’s financial position and its ability to continue operating for the foreseeable future. At 30 April 2026, the charity held unrestricted funds of £608,477 (£491,743: 2025), including cash at bank and in hand of £586,050 (£462,128: 2025). Total expenditure for the year was £178,175 (£168,772: 2025).
Having considered the level of available funds and the charity’s financial position, the trustees have not identified any material uncertainties relating to events or conditions that may cast significant doubt on the charity’s ability to continue as a going concern. Accordingly, the financial statements have been prepared on a going concern basis.
Structure, Governance and Management
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Governing Document
The charity is a charitable company limited by guarantee and registered as a charity on 31 March 2023. It was established under a memorandum of Association which established the objectives and powers of the charitable company (‘the charity’) and governed under its Articles of Association (‘The Articles’).
The trustees who held office during the financial year are set out in the page 2 of this report. There has been no change to trustees. Trustees service for 3 years and stand for re- election. Trustees are invited to join the board of trustees by other trustees, by the manager for board of trustees to consider. Trustees are given a structured induction and training to the works of the charity. Included in the induction pack is information issued by the charity commission. There is also ongoing training about the policies and procedures of the organisation as awareness to its requirements.
The directors of the charity as defined by the Companies Act, are also charity trustees, for the purposes of charity law. They are generally referred to as the Board of Trustees. Board of trustees meet quarterly during the accounting period and special meetings are called as when required.
Reference and Administrative Details
Trustees
Mr Yogesh Bhatt
Mrs Sadhana Desai
Mrs Jasvanti Lalji
Mrs Gurmej Kaur (appointed 14/07/2025)
Company Secretary
Mrs Vijaya Gowda
Other Personnel
Mrs Vijaya Gowda - Manager
Mrs Yogita Chauhan - Support worker
Mrs Bhavna Lakhani - Support worker
Mr Minesh Patel - Driver/Support worker
Mrs Nasreen Somani - Support worker
Mrs Saroj Mistry - Support worker
Ms Amandeep Kaur - Support worker
Charity Number
1202559
Company Number
12007260
Principal Address
51 Loughborough Road
Leicester
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LE4 5LJ
Registered Office
51 Loughborough Road
Leicester
LE4 5LJ
Independent Examiner
Pinnacle Accountants Chartered Certified Accountants & Registered Auditors
Pinnacle Accountants
Chartered Certified Accountants & Registered Auditors
32 De Montfort Street
Leicester
Leicestershire
LE1 7GD
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Yogesh Bhatt
Trustee
28 October 2026
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Independent Examiner's Report to the Trustees of Ananda9 Ltd
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2026.
Responsibilities and Basis of Report
As the charity 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
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
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.
Pinnacle Accountants Chartered Certified Accountants & Registered Auditors
28 October 2026
Pinnacle Accountants
Chartered Certified Accountants & Registered Auditors
32 De Montfort Street
Leicester
Leicestershire
LE1 7GD
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Statement of Financial Activities (including Income and Expenditure Account)
2026 2025
Unrestricted funds Unrestricted funds
Notes £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 289,079 253,841
Investments 4 5,830 4,836
294,909 258,677
EXPENDITURE ON:
Raising funds 6 (178,175 ) (168,772 )
NET INCOME 116,734 89,905
NET MOVEMENT IN FUNDS 116,734 89,905
RECONCILIATION OF FUNDS:
Total funds brought forward 491,743 401,838
TOTAL FUNDS CARRIED FORWARD 13 608,477 491,743
The notes on pages 11 to 17 form part of these financial statements.
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Balance Sheet
2026 2025
Unrestricted funds Total funds
Notes £ £
FIXED ASSETS
Tangible Assets 10 22,550 29,741
22,550 29,741
CURRENT ASSETS
Cash at bank and in hand 586,050 462,128
586,050 462,128
Creditors: Amounts Falling Due Within One Year 11 (123 ) (126 )
NET CURRENT ASSETS (LIABILITIES) 585,927 462,002
TOTAL ASSETS LESS CURRENT LIABILITIES 608,477 491,743
NET ASSETS 608,477 491,743
FUNDS OF THE CHARITY
Unrestricted Funds 608,477 491,743
TOTAL FUNDS 13 608,477 491,743
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For the year ending 30 April 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr Yogesh Bhatt
Trustee
28 October 2026
The notes on pages 11 to 17 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ananda9 Ltd is a company limited by guarantee, incorporated in England & Wales, registered number 12007260 and registered charity number 1202559 . The registered office is 51 Loughborough Road, Leicester, LE4 5LJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Going Concern Disclosure
The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern.
2.3. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2.4. Incoming Resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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2.5. Resources Expended
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
2.6. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 15% on cost
Fixtures & Fittings 15% on cost
2.7. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the statement of financial activities.
2.8. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the charitable company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the statement of financial activities so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the statement of financial activities as incurred.
2.9. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the statement of financial activities. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the statement of financial activities.
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2.10. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.11. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating surplus.
2.12. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
2.13. Provisions and Contingencies
Provisions
Provisions are recognised when the charitable company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.
Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.
Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as a finance cost.
Contingencies
Contingent liabilities are not recognised. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the charitable company’s control. Contingent liabilities are disclosed in the financial statements unless the probability of an outflow of resources is remote.
Contingent assets are not recognised. Contingent assets are disclosed in the financial statements when an inflow of economic benefits is probable.
2.14. Pensions
The charitable company operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
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2.15. Government Grant
Government grants are recognised in the statement of financial activities in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the statement of financial activities. Grants towards general activities of the entity over a specific period are recognised in the statement of financial activities over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the statement of financial activities over the useful life of the asset concerned.
All grants in the statement of financial activities are recognised when all conditions for receipt have been complied with.
3. Income from Donations and Legacies
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts:
Donations and gifts 289,079 253,841
4. Investment Income
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Bank interest receivable 5,830 4,836
5. Net Income/(Expenditure)
The net income is stated after charging/(crediting):
2026 2025
£ £
Depreciation of tangible fixed assets - owned 7,191 7,191
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6. Analysis of Expenditure
2026
Activities undertaken directly Support costs
(see note 7 )
Total
£ £ £
Raising funds 143,858 34,317 178,175
2025
Activities undertaken directly Support costs
(see note 7 )
Total
£ £ £
Raising funds 131,771 37,001 168,772
7. Support Costs
2026 2025
Raising funds Raising funds
£ £
Employee costs 773 1,917
Premises expenses 16,638 19,506
General administration 1,732 1,519
Interest payable 262 267
Governance costs 14,912 13,792
34,317 37,001
8. Staff Costs
Staff costs were as follows:
2026 2025
£ £
Wages and salaries 113,983 102,004
Social security costs 2,245 2,594
Other pension costs 4,449 3,859
120,677 108,457
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
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9. Average Number of Employees
Average number of employees during the year was: 5 (2025: 5)
5 5
10. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2025 44,573 3,364 47,937
As at 30 April 2026 44,573 3,364 47,937
Depreciation
As at 1 May 2025 16,034 2,162 18,196
Provided during the period 6,686 505 7,191
As at 30 April 2026 22,720 2,667 25,387
Net Book Value
As at 30 April 2026 21,853 697 22,550
As at 1 May 2025 28,539 1,202 29,741
11. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 123 126
12. Pension Commitments
The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.
During the year the charge to the statement of financial activities in respect of defined contribution schemes was £4,449 (2025: £3,859).
At the balance sheet date contributions of £123 (2025: £126) were due to the fund and are included in creditors.
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13. Movement in Funds
As at 1 May 2025 Income Expenditure As at 30 April 2026
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 491,743 294,909 (178,175 ) 608,477
Total funds 491,743 294,909 (178,175 ) 608,477
As at 1 May 2024 Income Expenditure As at 30 April 2025
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 401,838 258,677 (168,772 ) 491,743
Total funds 401,838 258,677 (168,772 ) 491,743
14. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
2026 2025
£ £
15. Related Party Disclosures
16. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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