**REGISTERED CHARITY NUMBER: 1025094** ## **REPORT OF THE TRUSTEES AND** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022** ## **FOR** ## **HINDU CULTURAL RESOURCE CENTRE** Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT **HINDU CULTURAL RESOURCE CENTRE** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Balance Sheet**||7|| |**Notes to the Financial Statements**|8|to|14| |**Detailed Statement of Financial Activities**|15|to|16| **HINDU CULTURAL RESOURCE CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022** The trustees present their report with the financial statements of the charity for the year ended 31 May 2022. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** This report is an account of the activities of the Hindu Cultural Resource Centre for the year 2021/2022. Hindu Cultural Resource Centre Durga Bhawan, is a registered charity, run by the collective efforts of the community leaders of Sandwell Hindu Community and the elected members of its executive committee. The portfolio comprises of a custom build building at 360. Spon Lane South, with two floors. The first floor comprises of the prayer hall, dining hall, kitchen, dry food stores, toilets. and a plant room. The first floor is split with one half containing a self-contained residence for the priest and his family. This consisting of two bedrooms, lounge, a kitchen, a bathroom. The second half consists of an office, library and a committee room with disabled access via Hackett Drive. No1 Hackett drive is an annexe owned by the trust and at present used for storage and musical classes. There are 48 parking spaces for cars on site including 8 on Hackett Drive. The trust will be debts free by Oct 2022. Financially, we have now some funds available to carry out pending projects. The committee structure remains unchanged and consists of: Religious / cultural Committee Building Committee Kitchen Committee Education Committee ## **Management Committee 2016/2022** The list of Present management committee. ## **Patrons** Mr S.D. Kapila Mr K.D. Sharma Mr M.M. Sharma ## **LIST OF OFFICE BEARERS AND COMMITTEE MEMBERS FOR YEAR 2016-22** PRESIDENT Mr BALDEV KAPIL VICE PRESIDENT Mr PREM SAGAR GENERAL SECRETARY MR SHIV KUMAR ASST/SECRETARY MR CHANDER VASHIST TRUSTEE/ TREASURER MR AMAR KANT SHARMA TRUSTEE /ASTT. TREASURER MR BALDEV P BHARDWAJ TRUSTEE/BUILDING MAINTENANCE MR ASHWANI BHARDWAJ TRUSTEE/BUILDING MAINTENANCE MR. SURINDER KUMAR SUDERA TRUSTEE/ MEMBERSHIP SECRETARY/RELIGIOUS HEAD Mr K R PRASHAR EXECUTIVE MEMBER/MATROMONIAL MR MOHINDER KUMAR EXECUTIVE MEMBER/KITCHEN INCHARGE MRS ASHA DEVI CHAUHAN EXECUTIVE MEMBER MRS NIRMALA BHARDWAJ EXECUTIVE MEMBER/ BUILDING MAINTENANCE MR. NARINDER K KALIA EXECUTIVE MEMBER MR. RULIA RAM SANGAR EXECUTIVE MEMBER /religious MR RAJESH KUMAR EXECUTIVE MEMBER/Religious MR JANAK RAJ SHARMA Page 1 **HINDU CULTURAL RESOURCE CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022** ## **OBJECTIVES AND ACTIVITIES Significant activities Mandir Activities** For the convenience of the devotees, the Mandir is open daily from 8:00 am to 1.00pm, and 4.30 pm to 8.30 pm. On festival days, the temple is open all day. With two priests in full time employment... This year some of the festivals we celebrated are Maha Shivratri, Holi, Baba Balak Nath day, Janamashtami, Ganesh Visrjan, Ram Naumi, Navarates, Karva Chauth, Dussera and Diwali. Because of Government Covid restrictions some of the festivals were muted. at Ganesh Viserjjan, we were limited to 40 devotes who could be allowed to attend. Rudya Maha Yagya. It was decided to hold this in 2022 in August to invite maximum number of devotes to participate. There was an increased uptake inVedic marriages been celebrated in the temple premises as well as numerous other activities including mundan sanskar, havan yajans, birthdays, anniversaries, and other various blessings. The Community dining hall is also allowed for the wake services. Our priest also officiates at religious ceremonies away from the temple at the devotes homes or businesses. All these activities supplement our income and allows us to give a better service to the community. ## **Hindu Awareness** This year we have continued with the lecture series which are open to all. Bageeshwari Didi was invited this year. In the next financial year, we are arranging for several schoolers to visit the mandir. This provided an opportunity for educational discourse and improving understanding of Hindu principles amongst the community. These spiritual discourses are open to all communities. Marriage Registration The Hindu Cultural Resource Centre (HCRC) is now registered to facilitate registration of marriages and there is a growing trend in the community utilising this new facility. ## **Marriage Registration** The Hindu Cultural Resource Centre (HCRC) is now registered to facilitate registration of marriages and there is a growing trend in the community utilising this new facility. ## **Bhandara (Community Meal)** On Tuesdays and Sundays after prayers (Aarti) Bhandara is served to the congregation of up to 250 devotes on Tuesday and 150 devotes on a Sunday. Food ingredients such as flour, lentils, sugar, milk cooking oil to name are generously donated by the devotes. Vegetables are sourced from the local shops. These vegetarian meals are prepared by unpaid volunteers and our staff on occasions provides a saving for the centre. This prasad is mainly for consummation on the premises. On most of the religious festivals, the kitchen is fully manned by the volunteers and prepares meals all day long. ## **Bhajan Mandali** Members of the Bhajan Mandali are dedicated and devoted people, who sing the praises of the lord in the temple as well as in the homes of the devotees. They go to the homes of devotees for Jagrattas, Bhagwati Chowki and any other religious function. They are also a major source of income of the temple. These selfless and tireless people are the epitome of devotion for the temple and the standard bearers of our cause. They are the harbinger of peace, prosperity for the devotees and to the visitor of the temple. May God reward them for their devotion and Sewa. ## **Inter Faith Community** Page 2 **HINDU CULTURAL RESOURCE CENTRE** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022** ## **OBJECTIVES AND ACTIVITIES** HCRC Durga Bhawan reaches out to all parts of the community. In the past year the schools had restricted the number of visits to public places. City Road School and St Mary's catholic school were the two schools whose students visited the mandir. The number of students and staff in total was 107. ## **Excursions** Excursions were organised to visit Maa Shakti Temple in Skanda vale in Wales, Liverpool for Ganesh Immersion to Shrewsbury. We have in place three further excursions to Skandvale. skegness and bhagtivedenta in Watford in June 2022. This will be followed up by further excurtions for the devotes. ## **Community Programmes** In Partnership with NHS west midlands Covid centre was opened. Because of the uptake it was later moved. Regular Children's summer play scheme is also held on the premises. This was a fortnight morning session. This too was fully attended, and we will continue to hold this in the future. A Knee pain management surgery was also held and attended by a number of senior devotes. ## **Use of Community Hall** The committee room and the library are available for hire to various organisations for seminars, conferences and away days. We have increased our client base in the past year and feedback on the facilities has been positive. ## **Mission Statement** To help the B.M.E community (Indians) by creating awareness and suggesting solutions for their common problems, so that they can improve their lifestyle and increase their capacity to work and thrive efficiently and harmoniously in a multi- cultural society. It is to be a holistic approach to solve various problems faced by the community. ## **Activities During the Year** ## **Day Centre** Monday, Wednesday, Thursday and Friday 11.30am - 2.30pm **Music Classes** Saturday (Instrumental-) 10.30a.m - 12.30p.m **Yoga** Wednesday/ sat 5.30p.m -6.30.p.m **Ladies weekly sangeet** Thursday 11.15 a.m to 12.50p.m We would like to thank all the volunteers for their assistance., Their devotion and labour helps us lower the costs to run the trust. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Page 3 **HINDU CULTURAL RESOURCE CENTRE** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31 MAY 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1025094 ## **Principal address** 360 Spon Lane South Smethwick West Midlands B66 1AB ## **Trustees** B Kapil P Sagar S Kumar C Vashist A K Sharma (Holding Trustee) B P Bhardwaj (Holding Trustee) A Bhardwaj (Holding Trustee) S K Sudera (Holding Trustee) K R Prashar (Holding Trustee) J P Bhardwaj M Kumar Mrs A D Chauhan Mrs N Bhardwaj N K Kalia R R Sangar R Kumar J R Sharma ## **Independent examiner** Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT Approved by order of the board of trustees on 7 November 2022 and signed on its behalf by: S K Sudera (Holding Trustee) - Trustee Page 4 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HINDU CULTURAL RESOURCE CENTRE** ## **Independent examiner's report to the trustees of Hindu Cultural Resource Centre** I report to the charity trustees on my examination of the accounts of Hindu Cultural Resource Centre (the Trust) for the year ended 31 May 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Thapers Limited Thapers Limited Chartered Accountants Harpal House 14 Holyhead Road Handsworth Birmingham West Midlands B21 0LT 7 November 2022 Page 5 **HINDU CULTURAL RESOURCE CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
4
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**31/5/22**
**Unrestricted**
**funds**
**£**
**183,135**
**25,000**
**208,135**
**128,305**
**79,830**
**1,345,382**
**1,425,212**|31/5/21
Total
funds
£
91,438
-
91,438
94,766
(3,328)
1,348,710
1,345,382| |---|---|---| The notes form part of these financial statements Page 6 **HINDU CULTURAL RESOURCE CENTRE** ## **BALANCE SHEET** ## **31 MAY 2022** |Notes
**FIXED ASSETS**
Tangible assets
9
**Investments**
Investment property
10
Social investments
11
**CURRENT ASSETS**
Debtors
12
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|**31/5/22**
**Unrestricted**
**funds**
**£**
**1,133,530**
**50,123**
**17,999**
**1,201,652**
**-**
**227,310**
**227,310**
**(3,750)**
**223,560**
**1,425,212**
**1,425,212**
**1,425,212**
**1,425,212**|31/5/21
Total
funds
£
1,137,631
50,123
17,999
1,205,753
2,730
151,561
154,291
(14,662)
139,629
1,345,382
1,345,382
1,345,382
1,345,382| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 7 November 2022 and were signed on its behalf by: S K Sudera (Holding Trustee) - Trustee K R Prashar - Trustee The notes form part of these financial statements Page 7 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property - 2% on cost Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Motor vehicles - 25% on reducing balance ## **Investment property** Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. continued... Page 8 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **2. DONATIONS AND LEGACIES** |Donations
Grants
JRS Grant
Grants received, included in the above, are as follows:
Other grants|**31/5/22**
**£**
**169,949**
**8,632**
**4,554**
**183,135**
**31/5/22**
**£**
**8,632**|31/5/21
£
65,075
-
26,363| |---|---|---| |||91,438| |||31/5/21
£
-| Grants received are included within the accounts as income and are shown gross. Expenses to which certain grants may relate are included within the accounts as expenditure. During the year no subsidy was awarded by Sandwell Council which relates to local authority rates. Subsidy was awarded in the financial accounts year ended 31 May 2013, 31 May 2014, 31 May 2015, 31 May 2016, 31 May 2017, 31 May 2018, 31 May 2019 and 31 May 2020. During the year, there was grants received from Sandwell MBC of £8,632 related to play scheme activities. ## **3. INVESTMENT INCOME** |Insurance claim
**RAISING FUNDS**
**Raising donations and legacies**
Staff costs
Telephone
DC stationery postage
DC Other operating expenses
DC Repairs
Support costs|**31/5/22**
**£**
**25,000**
**31/5/22**
**£**
**62,513**
**1,440**
**2,898**
**9,041**
**6,214**
**46,199**
**128,305**|31/5/21
£
-
31/5/21
£
56,578
1,274
1,084
827
1,452
33,551| |---|---|---| |||94,766| ## **4. RAISING FUNDS** continued... Page 9 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **5. SUPPORT COSTS** |**SUPPORT COSTS**|||| |---|---|---|---| ||Management|Other|Totals| ||£|£|£| |Raising donations and legacies|**41,590**|**4,609**|**46,199**| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 May 2022 nor for the year ended 31 May 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 May 2022 nor for the year ended 31 May 2021. ## **7. STAFF COSTS** |**31/5/22**
**£**
Wages and salaries
**62,513**
Other pension costs
**946**
**63,459**
The average monthly number of employees during the year was as follows:
**31/5/22**
Management
**5**
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Raising funds
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31/5/21
£
56,578
553
57,131
31/5/21
5
Unrestricted
funds
£
91,438
94,766
(3,328)
1,348,710
1,345,382| |---|---| ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** continued... Page 10 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **9. TANGIBLE FIXED ASSETS** ## **10.** |**COST**
At 1 June 2021 and 31 May 2022
**DEPRECIATION**
At 1 June 2021
Charge for year
At 31 May 2022
**NET BOOK VALUE**
At 31 May 2022
At 31 May 2021
**COST**
At 1 June 2021 and 31 May 2022
**DEPRECIATION**
At 1 June 2021
Charge for year
At 31 May 2022
**NET BOOK VALUE**
At 31 May 2022
At 31 May 2021
**INVESTMENT PROPERTY**
**COST VALUE**
At 1 June 2021
and 31 May 2022
**NET BOOK VALUE**
At 31 May 2022
At 31 May 2021|Freehold
property
£
**1,101,982**
**-**
**-**
**-**
**1,101,982**
1,101,982
Fixtures
and
fittings
£
**100,952**
**77,476**
**3,522**
**80,998**
**19,954**
23,476|Improvements
to
property
£
**10,000**
**200**
**200**
**400**
**9,600**
9,800
Motor
vehicles
£
**3,150**
**2,914**
**59**
**2,973**
**177**
236|Plant and
machinery
£
**27,268**
**25,131**
**320**
**25,451**
**1,817**
2,137
Totals
£
**1,243,352**
**105,721**
**4,101**
**109,822**
**1,133,530**
1,137,631
**£**
**50,123**
**50,123**
50,123| |---|---|---|---| ||||| continued... Page 11 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **11. SOCIAL INVESTMENTS** |**COST VALUE**
At 1 June 2021 and 31 May 2022
**NET BOOK VALUE**
At 31 May 2022
At 31 May 2021
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 14)
Trade creditors
Taxation and social security
Other creditors
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Mortgage-investment property
**15.**
**MOVEMENT IN FUNDS**
At 1.6.21
£
**Unrestricted funds**
General fund
**1,345,382**
**TOTAL FUNDS**
**1,345,382**|**31/5/22**
**£**
**-**
**31/5/22**
**£**
**1,305**
**719**
**226**
**1,500**
**3,750**
**31/5/22**
**£**
**1,305**
Net
movement
in funds
£
**79,830**
**79,830**||Mala
Patra
investments
£
**17,999**
**17,999**
17,999
31/5/21
£
2,730
31/5/21
£
5,154
1,115
1,836
6,557
14,662
31/5/21
£
5,154
At
31.5.22
£
**1,425,212**
**1,425,212**| |---|---|---|---| ||||| ||||| ||||| continued... Page 12 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **15. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
**208,135**
**208,135**|Resources
Movement
expended
in funds
£
£
**(128,305)**
**79,830**
**(128,305)**
**79,830**|Resources
Movement
expended
in funds
£
£
**(128,305)**
**79,830**
**(128,305)**
**79,830**| |---|---|---|---| ||||**79,830**| ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.6.20
£
1,348,710
1,348,710|Net
movement
in funds
£
(3,328)
(3,328)|At
31.5.21
£
1,345,382| |---|---|---|---| ||||1,345,382| Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|91,438|(94,766)|(3,328)| |**TOTAL FUNDS**|91,438|(94,766)|(3,328)| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.6.20
£
1,348,710
1,348,710|Net
movement
in funds
£
76,502
76,502|At
31.5.22
£
1,425,212| |---|---|---|---| ||||1,425,212| continued... Page 13 **HINDU CULTURAL RESOURCE CENTRE** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2022** ## **15. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
299,573
299,573|Resources
Movement
expended
in funds
£
£
(223,071)
76,502
(223,071)
76,502| |---|---|---| ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 May 2022. Page 14 **HINDU CULTURAL RESOURCE CENTRE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022** ||31/5/22|31/5/21| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|**169,949**|65,075| |Grants|**8,632**|-| |JRS Grant|**4,554**|26,363| ||**183,135**|91,438| |**Investment income**||| |Insurance claim|**25,000**|-| |**Total incoming resources**|**208,135**|91,438| |**EXPENDITURE**||| |**Raising donations and legacies**||| |DC Wages|**62,513**|56,578| |Telephone|**1,440**|1,274| |DC stationery postage|**2,898**|1,084| |DC Other operating expenses|**9,041**|827| |DC Repairs|**6,214**|1,452| ||**82,106**|61,215| |**Support costs**||| |**Management**||| |Pensions|**946**|553| |Water Rates|**2,070**|2,717| |Insurance|**5,067**|4,261| |Light and heat|**13,782**|11,135| |Refreshments & consumables|**6,336**|459| |Lease on Hacket Drive|**-**|82| |Cleaning|**1,690**|1,499| |Refuse collection|**2,608**|2,442| |Subscriptions|**159**|491| |Repairs & renewals|**701**|294| |Coach Trip|**3,135**|-| |Motor Expenses|**1,489**|2,045| |Alarm Rental and Maintenance|**120**|240| |Accountancy Fee|**3,291**|2,288| |Advertising|**-**|150| |It software costs|**196**|-| ||**41,590**|28,656| |**Other**||| |Sundries|**460**|7| |Carried forward|**460**|7| This page does not form part of the statutory financial statements Page 15 **HINDU CULTURAL RESOURCE CENTRE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2022** ||31/5/22|31/5/21| |---|---|---| ||£|£| |**Other**||| |Brought forward|**460**|7| |Improvements to property|**200**|200| |Plant and machinery|**320**|377| |Fixtures and fittings|**3,522**|4,143| |Motor vehicles|**59**|79| |Bank loan interest|**48**|89| ||**4,609**|4,895| |Total resources expended|**128,305**|94,766| |**Net income/(expenditure)**|**79,830**|(3,328)| This page does not form part of the statutory financial statements Page 16