Hindu Cultural Association (Wales)
(Registered Charity no: 1002569)
Independent Examiner Report and Financial Statements
Year ended: 31 December 2023

Contents
Legal and administrative information
Report of the Trustees
24
Report of the Independent Examiner
statement of Financial Activities
Summary income and expenditure account
Charity balan￿ sheet
Notes forming part of the financial statements
9-11

Hindu Cultural ASSOCLation (Wales)
Legal and administrative information during the year ended 31 December 2023
Executlve Committee:
Chair
Mrs. Niru Kumar
Vlce Chairperson
Mrs.Versha Sood
Secretary
Mr.Suresh Arava
Deputy Secretary
Mr.Seshakiran Chemudlpatl
Treasurer
Mr.Santosh Bhat
Depuly Treasurer
Dr. Amlt Chandratreya
Registered Officè..
IndSa Centre
Sanquhar Street
Cardlff
CF24 2AA
Independent Examiners:
Sivapalan & ¢0
Chartered Certified Accountants
168 City Road
Cardiff, CF24 3JE
Bankers:
Lloyds TSB Bank PLC
514 Cowbridge Road East
Vlctorla Park
Cardlff
CF5 1BL

Hindu CuLtuial Association (Wales)
Annual Report of the Management Committee for the Year to 31 December 2023
Hindu Cultural Associalion (Wales) is registered wilh the Charity Commission and has charitable status for
laxalion purposes.
Structure
overnance and mana
ement
The Govemance document of Hindu Cultural Association (Wales) is ils Constitulion and it is an unincorporated
associalion.
Board of Trustees-
The Charity is administered by an executive Commlttee, comprising".
Chairpetson
Vice Chairperson
Secretary
Deputy Secretary
Treasurer
Deputy Treasurer
Mrs. Niru Kumar
Mrs. Versha Sood
Mr. Suresh Arava
Mr. SeshAkiran Chemudipati
Mr. Santosh Bhat
Dr. Amil Chandr81reya
Current Twsteas as at 31 Dac 2023
Mr. Prabhat Kumar
Mr. Keshav Singhal
Dr. Chandrahas Roy
Mr. H N Chaudhry
Mr. Ravi Narayan
Mr. Bapuji Rao
Mr. Salya Kishore Sharma
oin
nt of Tru8tee8
The govemors have been installed Sin￿ the formation of the board of govemors and are familiar with the
aims and objectives of the Community.
The Hindu Cullural As80ciatron's Policy for Ihe apwinlment of new govemor twstees is norm811y by mean8
of bi-annual declions.
All Custodian trustees are appointed by the Board of Governors.
Or
ani2ational Struciu
The Executive Committee currently consists of nine executive offrcers, President and two VI￿ presid8nls who,
along with the Board of Govemors (24), meel regularly to discuss and revièw the financial position, the fund raising
slrategy and all other charity matters, with alt major deosions being made at these meetings. Day to day minor
malters is delegated lo the staff and volunte8rs.
Oh'eets and Activities
The Charily's objeds are SUF4)Orted by the charills sole aciivity. The Objectives of the charily is lo advance the
understanding and awareness of Hindu religion and advance education, relieve poverty, dislress and sickness
amongsl the Hindu community residenls in Wales. The Charity depends upon the continuing help of volunleals
particularly young people.
Achievemen
nd Porfomiance
The Hindu Cultural Association Wales) is keen to offer a range of serwces during the week and over the
ourse of Ihe year that our community find bolh beneficial and spiritually fulfilling. During the year due to
Covid-19 siluation membership numbers haven't changed and the Charity's continuing aim is to increase
the incoming resources in order to provide services in line with its constitution.
21Page

Hindu CLEliural Associatioii (Wales)
As a future plan, the Hindu Cultural Association Iwales) is committed to continuing the charitls aim and
objectives. We are all conscious that the present premises are loo small but have exciting plans to extend
the property al the fear, in order that the activities at the Cenlre can be further expanded.
During the Covid-19 pandemic, the management commitlee was greatly committed lo helping society at
large, The management committee is privileged and feels honored that the Hindu Cultural Associalion
IWales} was granted permission 2nd pemiilted to organize a Covld-19 Vaccinalion site at the charity
premises far the publÉo
Internal Control and Risk Mana
emenL
The Iruslees have the responsibility for ensuring thal the charity has in place an appropriate system of
controls, financial and otherwise, to provide reasonable assurance that the charity is operating èfficiently
8nd effectively, ils assets are safeguarded against unauthorized use or disposition, thal proper records are
maintained and finanaal information used within the charity or for publicatson is reliable and the chafily
complies wilh relev8nt laws and regulations.
The Trustees actively review on a regular basis the principal risks which the chartty faces, notably the
Ihreat arising from any prolonged decline in voluntary income, and believe that the systems which have
been established to enaue Ihe production of regular reports in all financial and operational areas will
effectively mitigate these ri8k8.
ubllc Benaflt statemenl
In furtherance of the objectives of the Centre, the Trustees of the Hlndu Cultural Association (Wales) have
complied with the duly in S17 of the Charities Act 2011 to have due regaid lo the Charity Commission's
published general and sub-se¢tor guidance conceming the operation of Ihe Public Benefit requirement
under the Ad.
inancial revlew
The slate of the Charities affalrs at 31sl December 2023 and tha results of its operations for the year
ended on Ihal date a￿ sel out in the attached financial statements.
Tolal re¢elp18 on unreslricted funds have increased by £ 38,580 in the year and amounled lo
£89,129 compared to £50.549 ￿st year. In the period ended 310ecember 2023. the charity received 8 sum
of £ 5,977 as a donation from HM Revenue arid Customs towards Gift Aid.
The Charily made a surplus of £ 6,791 (2021.. Deficil 4,594) afler the depreciation of Tangible assets.
Further analysls shows that during the current year. Ihe Charily has made a Profit of £ 16,121 (2022. profil
£5,358) before Ihe depreciation of Tangible assets. The Charity reported liabilities of £4,045 {2022'. £
4,745) in lh6 balance sheet. The Charily's reserves as of 31 December 23 stood at £ 840.596 {2022.'£
833,8051
The activities of the charity have continued lo highlight awareness of the charity and ils work with the local
community. The Trustees acknowledge the efforts of the staff, govemors and volunteers in this directlon,
which has been enhanced by the support of a number of affiliated groups.
Expenditure remain8 ufKter conslant revFew. as the charity ￿nIinUeS to make an effort to minimize runnlng
costs of the premises.
Reserves Pollc
As al 311h December 2023 free reserves amounts to £646.887 (2022.. £633.805). Our policy on r6senfes is
lo ensure that we have suffi(#ent funds available to meet our commitments and the Executive Commiltee
will consider designating reserves for specific purposes where it is considered lo be necessary in the
future.
Volunteers
The Iruste6s are also extremely grateful to all volunteers who give up their free time to help furlher the
aims of the charily.
31Pagye

Hindu Cultural Associatioii (Wales)
Statement of Management commlttee's Responsibilitie$
The accounts have been wepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ifeland (FRS102) issued on 16 July 2014 and the Financial
Reporiing Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities
Act 2011 and UK Generally Accepted PraCt￿e as It applies from 01 January 2015.
The accounts have been prepared to give a true and fair view of the state of affaits of the charity and of its
financial actiwlies for that period and have departed from the Charities (Accounts & Reports) Regulation
2008 only to the extant required to provide a 'true and fair view. This departure has involved Accounting
and Reporting by Charities preparing their accounts in accordan￿ with the Financial Repotting Standard
applicable in the UK and Republic of Ireland {FRS102) issued on 16 July 2014 rather the accounting and
Reporting by Charities: Slalemenl of Recommended Practice éffective trom 01 April 2005 which has since
been withdrawn.
Charity Law requires the management committee to prepare a Profit and Loss account and slalement of
assets and liabilities for each year, which give a true and fair view of the slate of affairs of Ihe charity and
of its financial activities for Ihal period which properly present the charily's income and expenditure for the
year togelher with ils assets and liabililies al the end of the year and adequately distinguish any material
special trust or other restriGled fund of the charity. In preparing those financial staloments the management
commlllee is requires to:_
a) Select Suitable policies and then apply Ihem consistently;
b) Make judgments and eslimales that are reasonabl8 and prudent;
c) Stale whether Ihe policies adopled are in accordanc& wlh the appropriate SORP on Accounting
by charities and the Accounting Regulations and with applicable accounting Standards, Subjact lo
any malerial departures disclosed and explained in the financial s181em8nts
The management committee is responsible for keeping proper accounts'ng records whlch disclose with
reasonable accuracy at any time, the fin8ncial position of the charily, and to enable them to ensure that the
financial statements comsly with regulalions stlpulaled in the Charities Acl 2011.They are also responsible
for safeguardlng the assets of the tharity and hence for taking reasonable steps for the privation and
delectlon of fraud or other irregularities.
In preparing the financial slatemenls, the trustees are responsible for assessing the company's abllity to
continue as a going concern, disclosing. as applicable, malters related to going concern and using the
going concern basis of accoLJnling unloss Ihe trustees either inlend lo Ilquidate the charity or lo ce8se
operations. or have no realistic alternative bul lo do so.
ststement as to Dlsclosure of Infornialion to Independont Examlners
So far as the management commtttee is aware, there is no relevant infomalion of which the charity's Independenl
reviewers are unaware and each Trustee has taken steps that ho ought lo have laken as a Trustee in order to
make himself aware of any reEevanl Informatic￿ and to establish that Ihe ¢harity's Independent examiners ar8
eware of that information.
A resolution proposing that Sivapalan & Co be r&appointed as Independent examiner of the charily will be pul to
the Annual General Meeting.
Mrs Niru Kumar
(Chairperson
Dalad.. lo
For an on be
alf of the Management Committee
41Page

Hindu Culttiral Associatioii (Wales)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HINDU CULTURAL ASSOCIATION IWALESI
FOR THE YEAR ENDED 31 DECEMBER 2023
I report on the accounts of the Trust for the year ended 31 December 2023. whith are set out on pages 6
to11
Respective responslbllltles of trustees and examlner
The charity's trnstees are responsible for the preparation of the accounts (financial Statement) in
accordance with the Statement of Recommended Practice- Accounting and Reporting by Charities
preparing their accounts in accordance with the FinancAal Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) in preference lo Ihe ArrA)unting and Reporting by Charities.. Statement of
Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been
withdraw.
We undersland that this has been done in order for the accijunts to provide a true and fair view in
accordan￿ with Ihe Generally Accepted Accounting Practice effeclive for reportin9 periods beginning on
or after l January 2019.
The charity's trustees consider that an audil is not required for this year under section 144(2) of the
Charities Act 2011 (the 2011 Act) and Ihal an independent examination is nooded.
It is my responsibility lo..
examine the accounts under section 145 of the 2011 Acl:
To follow the procedures laid down in the General Direclions given by the Charity Commissioner
under seclion 145{5)Ib) of the 2011 Acl- and
To stale whether particular matters have come to my attenuon.
Conclu81ons relallng to golng ¢on¢ern
In examining the charity's accounts, we h8ve concluded that the trustees, use of Ihe going ￿nCern basis
of accounting in the preparalion of the financial stalements is appropri81e. Based on the work we have
performed. we have not Identified any material uncertainties relaling to events or conditions Ihat,
Individually or collectively, may cast significant doubt on Charity's ability lo continue as a golng concern for
a period of at least twelve months from when the financial statements are authorised for issue. Our
responsibililles and the responsibilities of the Trustee8 Wlth respect to going concem are described in the
relevant sections of this reporL
Basis of independont examiner'B report
My examlnalion was carried out in accordance with Ihe General Directions given by the Charity
Commissioner. An examination includès a review of Ihe accounting records kept by the charity and a
comparison of the accounts presented with those records. 11 also includes consideration of any unusual
ilems or disdosures In the accounts, and the seeking of explanations from you as Iwstees conceming any
such matters. The procedures undertaken do not provide all the evidence thal would be required in 8n
audit and. consequenlly no opinion is gtven as to whether Ihe a¢¢ounts presenl a 'lrue and fair view and
the rewrt is limited to those malters s6t out in the statement below.
Independent examiner's statement
In connection wilh my examination, no maller has come to my altention-.
. Which gives me reasonable cause to believe that, in any material respect, the requirements
(a) To keep accounting records in accordance with sedion 130 of the 2011 Act.. and
(b) To prepare accounts which acLord wlh the ac￿)unting records and to comply wth the accounting
requirements of Ihe 2011 Act have not been met- or
To whlch, in my opinion, attenlion should be drawn in order to enable a proper underslanding of the
accounts to be reached.
Mr R Slvapalan
Sivapalan & Co Ltd
Chartered Certified Accountants
168 City Road
Cardlff
CF24 3JE
Date".
[O/fo724

Hindu Culttii?l Association (Wales)
Statement of Financial Activities for the year ended 31 De￿mber 2023.
2023
2022
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
Note8
Donatitms
Festivals. Functlon and Events
Hall Hire & Spon$orshlp Income
meMbe￿hIp Fees
Grant
Gtft Aid
l{e)
70,876
70,876
34,105
1,600
3,398
7,034
5.977
3.398
7,034
5.977
4,066
2,370
9,977
88,886
88,886
50,518
Investmeni Incomo
Deposit Account Intèrést
Olh8r Income
Insurance recla¥n
Interest Income
243
243
32
89.129
89.129
50,550
Ftsslival, Fundlon and Events
Gro¢erie¥, Provrsion aTrJ Caleiing
Costs
9.718
9.718
5,948
5.760
14.317
-20
2,371
2.974
12,933
10,833
870
901
1.330
567
679
1.234
6,780
14.317
-20
2,374
2,974
12.933
10,833
870
901
1,330
5,697
7,839
50
1,242
2,564
1.334
12.420
382
Wages and Nl
Pensions
Temple Expenses
Rates and Water
Repalrs and Renewals
Light and Heal
Travel & Subslstenee
Alarm & Security
In$uran¢e
Telephone
Piinllngs, Postage and Slallonery
Website Expense8
Accountancy .Indepèndènl
Examlnallon & Legal
Cleaning and Refuse Collecllon
Bank Chorge$ and Interest
Depredalion on Fixed Asseis
Depreclalion on Bullding
1,260
248
100
679
1,234
1.418
1.402
371
1.869
7,A61
1.418
1.402
371
1,869
7,461
3,803
1,456
249
2,492
7.461
Donatlon
5.350
5.3SO
Total Expendllure on charltable
actlvltles
82.338
82.338
55,145
Net Income 1 {éxp8ndlture)
6,791
6,791
(4.5951
Total Funds al 1 January 23
633.805
633.805
838,400
Total Fund8 at 31 December 23
640,596
640.596
633,805
All of the above results are derived from continuing activities.
61Page

Hindii Cultural Association (Wales)
Income and Expenditure account for the year ended 31 December 2023
2023
2022
Notes
Income
Festivals, Funcllon and Events
Donallons. Grant & Other Income
Hall Hire & Sponsorship Income
Mambershlp Fees
Grants
70,876
1.600
3,398
7,034
5,977
243
34.105
4.066
2.370
9,977
32
Glft Aid
Deposll Arcounl Inlarosl
89,129
50,550
Expgndlture
DonalSon
5,350
9,718
5,700
14.317
{201
2,371
F88llval, Funcllon and Events
Grocerlos, Provision and CaterirvJ C08ts
Wagas and Nl
P8n81on
5.948
5,697
7.839
50
T8mpla Expen8¢s
Ralos and Water
1,242
2.564
1,334
12,420
382
2.974
12.933
10,833
870
Répairs and Ren6wal$
Llght and Heal
Travel and sub9181ence
Alarm & Security
Insuranc8
901
1.330
1,260
248
Telephon8
Prinllng8, Postage and Siatlon¢ry
Webslle Expenses
Accountancy ,Indap•nd8nl Examlnallon & Legal
Professlon81 Fees
679
100
1.234
600
1.418
1,402
371
3.803
1,456
249
Clegnlng and Refuse Colledlon
Bank Charges and Inleie$l
l)eprecl8llon
9,330
9,953
82,338
55.145
Net Surplu$ I IDefl¢ltl For the Year
6.791
(4,5951

Hindu Cultiiral Association (Wales)
Statement of Assets and Liabilities as at 31 December 2023
2023
2022
Flxed assets
Tangibles assets
Investrnents
624,816
64.762
534.146
4,762
Current a88ets
Debtors
Cash al Bank and in hand
3,109
51,954
9,400
90.242
55,063
(4.045)
99.642
14,745)
Creditor8: amovnls falllng due wllhln one
year
Net Current Assets
51,018
94.897
Total assets le88 Current Ilabllitle8
640,596
633.805
Net Assets
640,596
633,805
Fund8:
Balance broughl forward
Surplus IIDeficitl over expenditure
633.806
6,791
638,4
{4.5951
Total Fund9
640,596
633.80
Trustees, Declaratlon
Those 8c¢ounls have been prepared in accordance wrlh Ihe accounting policies sel OLrt in notes to the accounts
and comply with the charity's governing document. the Charities Act 2011, and Accounting and Reporting by
Charites.. Slalement of Recommended Practi￿ applicable lo charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Repubh'c of lieland published on 16 July 2014 and nolos
form part of these finanual stalemenls
We approved these accounts and confim that we made av8i18ble all relevant records and infomalion for their
preparation
No members have required the charity to obtsin an audit of its accounts for the year in queslion
The Management acknowledges their responsibilily for complying with the requirements of the act with respect to
accounling records 8nd for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies regime
Date..
Mrs Niru Kumar
(Chairperson)
(ollQ(?D?¥
io/iolzOL7
Date:
nlosh Bhat
reasurer)

Hindu Cultural Associatioii (Wales)
Notes to the Financial Statements for the year ended 31 December 2023
11
Accounling policles
(a)
Basls of preparation
The financial stslements have been prepared in accnrdance with Accounting and Reporting by Charilies:
statement of Recommended Practic£ applicable to charities preparing their accoLsnts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January
2019) - (Cha¢ilies SORP {FRS 102)), the FinancÈal Reporling Standard applicable in the UK and Republic of
Ireland {FRS 102).
Hindu Cultural Association (Wdes) meets the definiti￿ of a public benefit entity under FRS 102. Assets and
liabilities are initially recognized at historical cost or Iransaclion value unless otherwise sta18d in Ihe relevant
accounting policy rKJte(s).
{b) Incomlng resources
Voluntary income induding donations and gifts are recognized in full in the statement of Financial acllvlty
the financial year in which it is receivable. No amounts are included in the accounls for services donated by
volunleers.
{c) Resourcos expendéd
All expenditure is accounted for on an accrual basis. and has been ¢las$ified under headings that aggregate
811 costs related to the category.
Id)
Fund accountlng
Unrestricted General funds are funds which are available for use at the discretion of the trustees In
furtherance of the general objectives of the tharity and which have not been designated for other purposes.
Unreslricted De8lgnaled Funds are funds sel aside by the Injslees out of unrestrfcted general funds for
specific future purpose or projects.
Restricted Funds are funds that can only be used for particular restricted purposes with In the objecls of the
charity. Reslridions arise when specified by the don￿, or when funds are raised for particular restricted
purposes. These ￿ndS amount lo £2 deposited in a separate Bank acLount.
(e) Tangible fixed assels And depi'eciation
Depreciation 1$ calculated lo write off cost or valu81ion, less estimated residual valu8, of th8 tangible fixed
assets over their estimated useful fives. The annual depreciation rates and methods are as follow8
2023
2022
Land
Buildlng
Fixlures and equipment
50 years
150/0 ReducirvJ Balance
50 years
15QA RedL5cing Balance
{n Taxation
The charily is exempt from tax on Income gains falling Wlthin S478 of the Taxes Acl 2010 or
S256 of the Taxalion of chargeable Gains Act 1992 to the exlenl that these are applied to ils
charitable objects, No lax Charges have arisen in the charity

HTndu Cultiiral Associatioii (Wales)
Notes lo the Financial Slatements for the year ended 31 December 2023 (Continued)
21 Tangible fixed assets
Freehold
Land and
Bulldlngs
Flxture
and
Fittings
Total
COST
At 1 January 2023
Additions
573.076
149,218
722,294
573,076
149,218
722.294
DEPRECIATION
At 1 January 2023
Charge for Year
46,407
7.461
141.741
1,869
188,148
9.330
53,868
143,610
197,478
NET BOOK VALUE
At 31 De￿rnber 2023
At 310ecember 2022
3) Debto
2023
2022
HMRC-Gift Aid Due
3,109
9,400
3,109
9,400
4) Credltors.. amounts falllng due wlthln one year
2023
2022
Credltors
Taxation and social security
Accruals
Wages
Pension
Other
595
888
(20)
2.582
1,584
895
26
2.240
4.045
4,745
IOIPage

Hindu Cultiiral Association (Wales)
Notes to the Financial Statements for the year ended 31 December 2023{Conlinued)
5) Trustees, Expenses
No disclosure lo make as no payment was made to the Trustees towards any expenses or
seNices during the year-end 31 December 2023.
6> Analy818 of Funds
A6atOl
January
2023
Incoming
Resources
Resources
Exponded
Asat31
December
2023
Total unreslricled funds
Tolal restricted funds
633,805
89,129
82.338
640,596
Total Funds
633,805
89.129
82,338
640,596
7} Net a$$etg between funds
A8at01
January
2023
Increasel
{De¢rea$el
Total
Assets
{Inereèse)I
Dccrease
Net
current
Llabllltles
Asat31
Decembèr
2023
General reserve
Total Unrestrlcted
lund$
633,805
6.091
700
640,596
Re8trlcled fund8
Tot81 funds
633,805
6,091
700
640,5
8) Accountancy, Indépendent Examlnallon & Legal Fee
2023
1.418
2022
1,584
2.219
3,803
A¢¢ounlan¢y Fees
Other Legal & Professional Service
1.418