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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Dalance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|22|
|Detailed Statement ofFinancial Activities|23|to|25|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fundsf|funds|fundsf|fundsf|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||559,497||559,497|331,638|
|Charitable
activities|||||||
|Costs ofcharitable
activity|||||||
|Income from charitable
activity|||660,709||660,709|420,354|
|Investment
income||3|90,824||90,824|89,468|
|Total|||1,311,030||1,311,030|841,460|
|EXPENDITURE ON|||||||
|Raising funds|||||||
|Raising donations
and legacies|||26,273||26,273|34,656|
|Investment
management
costs|||11,777||11,777|20,674|
||||38,050||38,05D|55,330|
|Charitable
activities|||||||
|Costs ofcharitable
activity|||836,247|58,849|895,096|636,123|
|Total|||874,297|58,849|933,146|691,453|
|Net gains on investments|||42,369||42,369|420,000|
|NET INCOME/(EXPENDITURE)|||479,102|(58,849)|420,253|570,0D7|
|Transfers
between
funds||19|235,765|(235,765)|||
|Net movement
in funds|||714,867|(294,614)|420,253|570,007|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||4,357,256|294,614|4,651,870|4,081,863|
|TOTAL FUNDS CARRIED FORWARD|||5,072,123||5,072,123|4,651,870|
|BALANCE SHEET
31MARCH 2022||||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds
8|funds
8|funds
f|fundsf|
|AXED ASSETS||||||
|Tangible assets|13|2,855,262||2,855,262|1,893,004|
|Investments||||||
|Investments|14|608,672||608,672|566,303|
|Investment
property|15|2.270.000||2,270,000|2.270,000|
|||5,733.934||5,733,934|4,729,307|
|CURRENT ASSETS||||||
|Cash at bank and in hand||627489||627,589|304,855|
|CREDITORS||||||
|Amounts
falling due within one year|16|(130,749)||(130.749)|(58,080)|
|NET CURRENT ASSETS||496,840||496,840|246,775|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||6230,774||6.230,774|4,976,082|
|CREDITORS||||||
|Amounts
falling due after more than one year|17|(1,158,651)||(1,158,651)|(324,212)|
|NET ASSETS||5,072,123||5,072,123|4,651,870|
|FUNDS|19|||||
|Unrestricted
funds:||||||
|General fund||||5,072,123|4,357,256|
|Restricted
funds:||||||
|Donauon|||||294.614|
|TOTAL FUNDS||||5,072,123|4.651,870|
##
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|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|8||
|Cash llows from operating||activities||||
|Cash generated
from operations||||402,78I|201,649|
|Interest paid||||(21,712)|(4,606)|
|Net cash provided
by operating
activities||||381,069|197,043|
|Cash Rows from investing||activities||||
|Purchase oftangible
fixed assets
Saleoffixed asset investments||||(978,636)
42,369|(679,630)|
|Saleofinvestment
property||||(42,369)||
|Interest received||||64|370|
|Net cash used in investing|activities|||(978,572)|(679,260)|
|Cash llows from linancing||activities||||
|New loans in year||||1,000,000||
|Loan repayments
in year||||(79,763)|(55,815)|
|Net cash provided
by/(used||in) financing|activities|920,237|(55,815)|
|Change
in cash and cash||equivalents|in|||
|the reporting
period||||322,734|(538,032)|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||304,855|842,887|
|Cash and cash equivalents||at the end|of|||
|the reporting
period||||627,589|304,855|
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|HE YEAR ENDED 3|HE YEAR ENDED 3|HE YEAR ENDED 3|1MARCH 2022|1MARCH 2022|1MARCH 2022|||
|---|---|---|---|---|---|---|---|
|RECONCILIATION|||OF NET INCOME TO NET CASH FLOW FROM|||OPERATING ACTIVITIES||
|||||||2022
f|2021
f|
|Net income|for the|reporting|||period (as per the Statement ofFinancial|||
|Activities)||||||420,253|570,007|
|Adjustments|for:|||||||
|Depreciation|charges|||||16,379|27,424|
|Gain on investments||||||(42,369)|(420,000)|
|Interest received||||||(64)|(370)|
|Interest paid||||||21,712|4,606|
|Decrease in|debtors||||||5,270|
|(Decrease)/increase||in creditors||||(13,130)|14,712|
|Net cash provided||by|operations|||402,781|201,649|
|ANALYSIS|OFCHANGES IN NET DEBT|||||||
||||||At 1.4.21|Cash llaw
f|At 31.3.22|
|Net cash||||||||
|Cash at bank|and in|hand|||304,855|322,734|627,589|
||||||304,855|322,734|627,589|
|Debt||||||||
|Debts falling|due within|||1 year|(39,116)|(85,799)|(124,915)|
|Debts falling|due aAer||I|year|(324,212)|(834,439)|(1,158,651)|
||||||(363,328)|(920,238)|(1,283,566)|
|Total|||||(58,473)|(597,504)|(655,977)|
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|NOT
FOR|ES TO THE FINANCIAL STATEMEN
THE YEAR ENDED 31MARCH 2022|ES TO THE FINANCIAL STATEMEN
THE YEAR ENDED 31MARCH 2022|ES TO THE FINANCIAL STATEMEN
THE YEAR ENDED 31MARCH 2022|ES TO THE FINANCIAL STATEMEN
THE YEAR ENDED 31MARCH 2022|ES TO THE FINANCIAL STATEMEN
THE YEAR ENDED 31MARCH 2022|TS -continued||||
|---|---|---|---|---|---|---|---|---|---|
|2.|DONATIONS
AND LEGACIES|||||||||
|||||||||2022|2021|
|||||||||8|8|
||I)onations|||||||559,497|331,638|
|3.|INVESTMENT INCOME|||||||||
|||||||||2022f|2021|
||Rents received|||||||90,760|89,098|
||Deposit account interest|||||||64|370|
|||||||||90,824|$9,468|
||INCOME|FROM CHARITABLE ACTIVITIES||||||||
|||||||||2022|2021|
||||||Activity|||||
||Abishekam|&Archanai|||Costs ofcharitable
activity|||(1,072)||
||Miscelleous||||Costs ofcharitable
activity|||1,072||
||Abishekam|&Archanai|||Income|from charitable|activity|493,663|298,354|
||Flower &Garlands||||Income|from charitable|activity|12,757|4,857|
||Shri Kanagathurrkai
Amman||||Income|from charitable|activity|10,660|2,020|
||Wedding||||Income|from charitable|activity|60,650|15,810|
||Serac donations||||income|from charitable|activity|21,21$|9,244|
||Gold &Silver pention||||Income|from charitable|activity|243|927|
||Miscelleous||||income|from charitable|activity|4,281|3,962|
||Calender, Panchankam, CD,Vid||||ehtpome|from charitable|activity|10,752|11,412|
||Lattu||||Income|from charitable|activity|379|7|
||Car park vouchers||||Income|Rom charitable|activity|2,182|593|
||Milk||||Income|from charitable|activity|10,569|4,388|
||Thadchanai||||Income|from charitable|activity|19,296|3,530|
||Other exeptional||income-|||||||
||VAT R||||Income|from charitable|activity|14,059|65,250|
|||||||||660,709|420,354|
|5.|RAISING|DONATIONS||AND LEGACIES||||||
|||||||||2022|2021|
||Staffcosts|||||||26,273|34,656|
##
|6.|INVESTMENT MANAGEMENT|INVESTMENT MANAGEMENT|INVESTMENT MANAGEMENT|COSTS|COSTS||||
|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021f|
||Administrative|expenses||||||4,925|
||Property repairs||||||11,777|15,749|
||||||||11,777|20,674|
|7,|CHARITABLE ACTIVITIES COSTS||||||||
|||||||Grant|||
|||||||funding of|||
|||||||activities|Support||
||||||Direct|(see note|costs (see||
||||||Costs|8)f|note 9)
f.|Totals|
||Costs ofcharitable||activity||300,949|152,262|441,885|895,096|
|Ik|GRANTS PAYABLE||||||||
||||||||2022|2021f|
||Costs ofcharitable||activity||||152,262|194,931|
||The total grants|paid to institutions||during|the year was as follows:||||
||||||||2022|2021|
||GENERAL,||||||152,262||
|9.|SUPPORT COSTS||||||||
|||||||||Information|
|||||||Managcmcnt
f|Finance|technology
f|
||Costs ofcharitable||activity|||270,214|45,981|10,399|
||||||Human||Governance||
||||||resources|Other|costs|Totals|
||||||||f.|f|
||Costs ofcharitable||activity||5,430|97,561|12,300|441,885|
##
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||2022f|2021|
|Wages and salaries||||219,767|175,177|
|Social security costs||||8,324|2,273|
|Other pension costs||||1,879|1,518|
|||||229,970|178,968|
|The average monthly
number ofemployees|||during the year was as follows:|||
|||||2022|2021|
|Number ofproduction|staff|||13|18|
|No employees
received|emoluments|in excess off60,000.||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||f||f|
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||258,131|73,507|331,638|
|Charitable
activities||||||
|Income from charitable|activity||420,354||420,354|
|Investment
income|||89,46$||89,468|
|Total|||767,953|73,507|$41,460|
|EXPENDITURE ON||||||
|Raising funds||||||
|Raising donations
and|legacies||34,656||34,656|
|Investment
management|costs||20,674||20,674|
||||55,330||55,330|
|Charitable
activities||||||
|Costs ofcharitable
activity|||575,573|60,550|636,123|
|Total|||630,903|60,550|691,453|
|Net gains on investments|||420,000||420,000|
|12.|COMPARATIVES|FOR THE|FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES - continued|ACTIVITIES - continued||
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|
|||||||funds
f|funds
f|fundsf|
||NET INCOME|||||557,050|12,957|570,007|
||Transfers
between|funds||||32,05$|(32,058)||
||Net movement
in funds|||||589,10$|(19,101)|570,007|
||RECONCILIATION||OF FUNDS||||||
||Total funds brought|forward||||3,768,148|313,715|4,081,863|
||TOTAL FUNDS CARRIED FORWARD|||||4,357,256|294,614|4,651,870|
|13.|TANGIBLE FIXEDASSETS||||||||
||||||||Fixtures||
|||||Freehold|Short|Mediation|and||
|||||property
f|leasehold
f|hallf|fittings
f|Totals
f|
||COST||||||||
||At I April 2021|||1,417,569|34,320|779,129|66,242|2,297,260|
||Additions|||||978,636||978,636|
||At 31 March 2022|||1,417,569|34,320|1,757,765|66,242|3,275,$96|
||DEPRECIATION||||||||
||At I April 2021|||340,217|||64,039|404,256|
||Charge for year|||14,176|||2,202|16,378|
||At 31 March 2022|||354,393|||66,241|420,634|
||NET BOOK VALUE||||||||
||At 31 March 2022|||1,063,176|34,320|1,757,765|1|2,855,262|
||At 31 March 2021|||1,077,352|34,320|779,129|2,203|1,893,004|
|14.|FIXEDASSET INVESTMENTS||||||||
|||||||||Unlisted|
|||||||||investments|
|||||||||f|
||MARKET VALUE||||||||
||At I April 2021|||||||566,303|
||Revaluations|||||||42,369|
||At 31 March 2022|||||||608,672|
||NET BOOK VALUE||||||||
||At 31 March 2022|||||||608,672|
||At 31 March 2021|||||||566,303|
##
##
||||2022|2021|
|---|---|---|---|---|
||||f||
|Bank|loans and overdrafts|(see note 18)|124,915|39,116|
|Trade|creditors||2,234|11,764|
|Other|creditors||3,600|7,200|
||||130.749|58,080|
##
|17,|CREDITORS: AMOUNTS||FAL|LING DUE A|FTER MORE|THAN ONE Y|EAR||
|---|---|---|---|---|---|---|---|---|
||||||||2022f|2021|
||Bank loans (see note 18)||||||1,158,651|324,212|
|18.|LOANS||||||||
||An analysis ofthe maturity|of|loans is given below:||||||
||||||||2022|2021|
|||||||||8|
||Amounts
falling due within|one year on demand:|||||||
||Bank loans||||||124,915|39,116|
||Ainounts
falling due between||two|and five years:|||||
||Bank loans - 2-5 years||||||1,158,651|324,212|
|19.|MOVEMENT
IN FUNDS||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.4.21|in funds
f.|funds
f|31.3,22|
||Unrestricted
funds||||||||
||General
fund||||4,357,256|479,102|235,765|5,072,123|
||Restricted
funds||||||||
||Donation||||294,614|(58,$49)|(235,765)||
||TOTAL FUNDS||||4,651,870|420,253||5,072,123|
||Net movement
in funds, included|||in the above are|as follows:||||
||||||Incoming|Resources|Gains and|Movement|
||||||resources|expended
f|losses
f|in funds|
||Unrestricted
funds||||||||
||General
fund||||1,311,030|(874,297)|42,369|479,102|
||Restricted
funds||||||||
||Donation|||||(58,849)||(5$,849)|
||TOTAL FUNDS||||1,311,030|(933,146)|42,369|420,253|
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.20|in funds
f|funds|31.3.21
f|
|Unrestricted||funds|||||
|General|fund||3,768,148|557,050|32,058|4,357,256|
|Restricted||funds|||||
|Donation|||313,715|12,957|(32,058)|294,614|
|TOTAL|FUNDS||4,081,863|570,007||4,65),870|
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended
f|losses
f|in funds|
|Unrestricted||funds|||||
|General|fund||767,953|(630,903)|420,000|557,050|
|Restricted||funds|||||
|Donation|||73,507|(60,550)||12,957|
|TOTAL|FUNDS||841,460|(691,453)|420,000|570,007|
|||||Nct|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.20|in funds|funds
f|31.3.22
i|
|Unrestricted||funds|||||
|General|fund||3,768,148|1,036,152|267,823|5,072,123|
|Restricted
funds|||||||
|Donation|||313,715|(45,892)|(267,823)||
|TOTAL|FUNDS||4,081,863|990,260||5,072,123|
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources
f|expended|losses
f|in funds|
|Unrestricted||funds|||||
|General|fund||2,07$,9$3|(1,505,200)|462,369|1,036, )52|
|Restricted||funds|||||
|Donation|||73,507|(119,399)||(45,$92)|
|TOTAL|FUNDS||2,152,490|(1,624,599)|462,369|990,260|
##