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2022-03-31-accounts

Permanent Mr.S.Mohandas
Mr. RKumpavat
Mr. BSisodia
Mr. RGorasia
Mr. H Panchani
Charity Number 1006961
Charity Offices Indian Association Oldham
Schofield Street
Oldham
OL8 1QJ
Independent Examiner KThaker Co.
Chartered
Certified
Accountants
39Fieldfare %'ay
Ashton Under Lyne
OL7 9TA
Bankers Barclays Bank PLC
15 St.Arms Square
Manchester
M60 2PX
Page
Trustees' Report 4-5
Independent
Examiner's
Report
Statement ofFinancial Activities
Balance Sheet
Note to the Accounts 9-11

2022 2021
Notes
FIXEDASSETS
Land &Buildings 1,364,337 1,364,337
Equipment 3,267 3,844
Fixture &Fittings 8,944 10,522
[2] 1,376,548 1,378,703
CURRENT ASSETS
Debtors [3] 12,000 7,000
Deposit on Kent Street Site [4] 100,000 100,000
QE Hall Deposit 1,700
Cash at Bank
Reserve Accounts 45,506 54,208
Bank ofBaroda 641 641
Cash in Hand and at Bank 1,237 1,000
161,084 162,849
CREDITORS: Amounts falling due within one year
OBMC /Other
Grants
Accruals 3,000 3,000
3,000 3,000
158,084 159,849
NET CURRENT ASSETS 1,534,632 1,538,552
CREDITORS: Amounts falling due after one year
Member's
Loans
[5] 96,500 139,000
1,438,132 1,399,552
CAPITAL AND RESERVES
Unrestricted
Funds
General Fund
Bal B/Fwd 710,452 694,925
Surplus for the year 38,580 15,527
Bal C/Fwd 749,032 710,452
Restricted Funds
Building Fund
Bal B/Fwd 689,100 689,100
Surplus/deficit(-) for the year
689,100 689,100
1,438,132 1,399,552
Approved
by the Trustees
Date:py

2022 2021
Notes g g
UNRESTRICTED FUNDS
Incoming Resources
Membership t6] 151
Grants P] 6,340 21,278
Donations 28,633 28,784
Special Collection [81 18,946
Temple Box 7,180 4,159
Hall Hire 22,618
Charities tax credits 5,000 2,000
Insurance
Claim
20,000 7,000
Interest Income 5 25
108,873 63,246
Resources Expended
Administration [8] 37,270 15,906
Establishment P] 20,318 29,278
Activities [10] 8,392
Temple Expenses 2,158
Depreciation 2,155 2,535
70,293 47,719
38,580 15,527
RESTRICTED FUNDS
Building Fund
Fund Raising Ventures
Net movement
in funds for the year
38,580 15,527

2.Fixed Assets Land dt Ectnttment Fixtures A Total
~Bni id in ~Fttttn
e
Cost
At 1.4.2021 1,364,337 22,425 19,156 1,405,918
Additions
during the year
At 31.3.2022 1,364,337 22,425 19,156 1,405,918
D~ereeiattnn
At 1.4.2021 18,581 8,634 27,215
Provided
in the year
577 1,578 2,155
At 31.3.2022 19,158 10,212 29,370
Net Book Value
At 31.3.2022 1,364,337 3,267 8,944 1,376,548
At 31.3.2021 1,364,337 3,844 10,522 1,378,703
2022 2021
3.Debtors g g
Tax Credit on Gift Aid 12,000 7,000
12,000 7,000
4.Deposit on Kent Street Site 100,000 100,000
100,000 100,000

5.Mem ber's Loans 96,500 139,000
96,500 139,000
6.Membership
Annual membership 151
Life membership
151
7.Grants
OMBC 2,648 3,051
HMRC 3,692 1,540
HCA 14,877
Others 1,811
6,340 21,278

2022 2021
g
S.Administration Expenses
Wages 10,689 9,213
Special Collection Donation 22,154
General Donations 702
COVID Donations 4,400
Sundries 417
Post 4, Stationery
Bank charges 1,057 274
Legal &Professional 3,370 900
37,270 15,906
9.Establishment Expenses
Water and ground rent 378 305
Insurance 2,975 3,000
Light and Heat 3,206 984
Repairs and Renewals 10,624 1,813
Internet
and Satellite Services
819 1,281
Cleaning 1,987 682
Fire k. Security 329 245
Kent Street project 20,968
20,318 29,278
Note:
Proposed Kent Street Assisted Residential Housing Scheme:
Prof. costs on feasibility and viability ofthe scheme 20,968
Less: Grant received towards consultation from Home England
Net Cost incurred: 20,968
10.Activities
Youth club and Natraj
Saheli
Luncheon
Club
Functions 8,392
8,392