REGISTERED CHARITY NUMBER: 1025094
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023
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 2023
| 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 2023
The trustees present their report with the financial statements of the charity for the year ended 31 May 2023. 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 2022/2023.
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 is now debt free from 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 2022/2026
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 2022-26
PRESIDENT MR MOHINDER KUMAR VICE PRESIDENT MR SHIV KUMAR GENERAL SECRETARY MR PUNEET SINGH ASST/SECRETARY MRS ASHA DEVI CHAUHAN TRUSTEE/ TREASURER MR KULBHUSHAN RAI PRASHAR TRUSTEE /ASTT. TREASURER MR SURINDER KUMAR SUDERA TRUSTEE/MEMBERSHIP SECRETARY MR NARINDER KUMAR KALIA TRUSTEE MR ASHVANI KUMAR BHARDWAJ TRUSTEE MR DHIRAJ SALGOTRA EXECUTIVE MEMBER/STAGE SECRETARY MR RAJESH KUMAR EXECUTIVE MEMBER/MATRIMONIAL SERVICES MRS NARESH KUMARI EXECUTIVE MEMBER MR BALDEV P BHARDWAJ EXECUTIVE MEMBER MR ASHOK KUMAR LAKHANPAL EXECUTIVE MEMBER MR PREM SANGAR EXECUTIVE MEMBER MR CHANDER VASHIST EXECUTIVE MEMBER MR DEEPAK KALIA EXECUTIVE MEMBER MR JANAK RAJ SHARMA EXECUTIVE MEMBER RAMA MOORTHY ARUMUGAN
Page 1
HINDU CULTURAL RESOURCE CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2023
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. On the Holi celebration we arrange tent in temple premises and more than 400 people attended this colourful festival.
Maha Rudrayagya
Maha Rudra Yagya was organised in August 2022 and Hundreds of our congregation participated and appreciated by them.
Building
Boundary wall was broken so New boundary wall was made on left and right side of the entrance gate of the temple. There was an increased uptake in Vedic 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 besides that we had arranged 7 days Bhagwatkatha by Dr Surya Prabha Didi Ji and 3 days katha by Narayan Sewa sansthan.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.
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
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HINDU CULTURAL RESOURCE CENTRE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2023
OBJECTIVES AND ACTIVITIES
HCRC Durga Bhawan reaches out to all parts of the community. Rood end Primary school students visited the mandir.The number of students and staff in total was 95.
Excursions
Excursions were organised to visit Maa Shakti Temple in Skanda vale in Wales, ganesh Immersion to Liverpool and also organised excursions to Skandvale. skegness and bhagtivedenta in Watford 2022-23.
Durga Community Centre
The HCRC Committee nominated to Rama Moorti Arumugan Executive member and also proposed names for Patrons to Mr Baldev Kapil, Mrs Santosh Joshi and Ramkaran Thakur and the patrons appointments to be confirmed by AGM 2023.
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
Use of Community Hall
The committee room and teh 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 teh facilities has been positive.
We would like to thank all the volunteers for their assistance., Their devotion and labour helps us lower the costs to run the trust.
We recommend this report to the members.
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 2023
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1025094
Principal address
360 Spon Lane South Smethwick West Midlands B66 1AB
Trustees
M Kumar S Kumar P Singh Mrs A D Chuhan K R Prashar (Holding Trustee) S K Sudera (Holding Trustee) N K Kalia (Holding Trustee) A Kumar (Holding Trustee) D Salgotra (Holding Trustee) R Kumar Mrs N Kumari B P Bhardwaj A Kumar P Sagar C Vashist J R Sharma D Kalia R M Arumugan
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 10 October 2023 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 2023.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the ERROR - relevant professional body must be completed, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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
10 October 2023
Page 5
HINDU CULTURAL RESOURCE CENTRE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Other trading activities 3 Investment income 4 Total EXPENDITURE ON Raising funds 5 NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
31/5/23 Unrestricted funds £ 245,597 5,288 6,903 257,788 197,476 60,312 1,425,212 1,485,524 |
31/5/22 Total funds £ 183,135 - 25,000 |
|---|---|---|
| 208,135 | ||
| 128,305 | ||
| 79,830 1,345,382 |
||
| 1,425,212 |
The notes form part of these financial statements
Page 6
HINDU CULTURAL RESOURCE CENTRE
BALANCE SHEET
31 MAY 2023
| Notes FIXED ASSETS Tangible assets 10 Investments Investment property 11 Social investments 12 CURRENT ASSETS 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 |
31/5/23 Unrestricted funds £ 1,146,580 50,123 17,999 1,214,702 287,013 (16,191) 270,822 1,485,524 1,485,524 1,485,524 1,485,524 |
31/5/22 Total funds £ 1,133,530 50,123 17,999 1,201,652 227,310 (3,750) 223,560 1,425,212 1,425,212 1,425,212 1,425,212 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 October 2023 and were signed on its behalf by:
S K Sudera (Holding Trustee) - Trustee
A Kumar (Holding Trustee) - 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 2023
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...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donations Grants JRS Grant Grants received, included in the above, are as follows: Other grants |
31/5/23 £ 245,597 - - 245,597 31/5/23 £ - |
31/5/22 £ 169,949 8,632 4,554 |
| 183,135 | ||
| 31/5/22 £ 8,632 |
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. OTHER TRADING ACTIVITIES
| 3. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31/5/23 | 31/5/22 | ||
| £ | £ | ||
| Gift Aid Tax reclaimed | 5,288 | - | |
| 4. | INVESTMENT INCOME | ||
| 31/5/23 | 31/5/22 | ||
| £ | £ | ||
| Deposit account interest | 3 | - | |
| Insurance claim | 6,900 | 25,000 | |
| 6,903 | 25,000 |
continued...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
5. RAISING FUNDS
Raising donations and legacies
| Staff costs Telephone DC stationery postage DC Other operating expenses DC Repairs Support costs 6. SUPPORT COSTS Management £ Raising donations and legacies 79,816 |
31/5/23 £ 79,494 784 2,400 22,597 6,485 85,716 197,476 Other £ 5,900 |
31/5/22 £ 62,513 1,440 2,898 9,041 6,214 46,199 |
|---|---|---|
| 128,305 | ||
| Totals £ 85,716 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 May 2023 nor for the year ended 31 May 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 May 2023 nor for the year ended 31 May 2022.
8. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 31/5/23 | 31/5/22 | |
| £ | £ | |
| Wages and salaries | 79,494 | 62,513 |
| Other pension costs | 1,338 | 946 |
| 80,832 | 63,459 | |
| The average monthly number of employees during the year was as follows: | ||
| 31/5/23 | 31/5/22 | |
| Management | 5 | 5 |
No employees received emoluments in excess of £60,000.
continued...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 10. TANGIBLE FIXED ASSETS COST At 1 June 2022 Additions At 31 May 2023 DEPRECIATION At 1 June 2022 Charge for year At 31 May 2023 NET BOOK VALUE At 31 May 2023 At 31 May 2022 |
Freehold property £ 1,101,982 - 1,101,982 - - - 1,101,982 1,101,982 |
Improvements to property £ 10,000 13,371 23,371 400 467 867 22,504 9,600 |
Unrestricted funds £ 183,135 25,000 |
|
|---|---|---|---|---|
| 208,135 | ||||
| 128,305 | ||||
| 79,830 1,345,382 |
||||
| 1,425,212 | ||||
| Plant and machinery £ 27,268 1,408 28,676 25,451 484 25,935 2,741 1,817 |
||||
continued...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
10. TANGIBLE FIXED ASSETS - continued
| COST At 1 June 2022 Additions At 31 May 2023 DEPRECIATION At 1 June 2022 Charge for year At 31 May 2023 NET BOOK VALUE At 31 May 2023 At 31 May 2022 11. INVESTMENT PROPERTY COST VALUE At 1 June 2022 and 31 May 2023 NET BOOK VALUE At 31 May 2023 At 31 May 2022 12. SOCIAL INVESTMENTS COST VALUE At 1 June 2022 and 31 May 2023 NET BOOK VALUE At 31 May 2023 At 31 May 2022 |
Fixtures and fittings £ 100,952 2,658 103,610 80,998 3,392 84,390 19,220 19,954 |
Motor vehicles £ 3,150 - 3,150 2,973 44 3,017 133 177 |
Totals £ 1,243,352 17,437 1,260,789 109,822 4,387 114,209 1,146,580 1,133,530 £ 50,123 50,123 50,123 Mala Patra investments £ 17,999 17,999 17,999 |
|
|---|---|---|---|---|
continued...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
| 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 1.6.22 £ Unrestricted funds General fund 1,425,212 TOTAL FUNDS 1,425,212 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 257,788 TOTAL FUNDS 257,788 Comparatives for movement in funds At 1.6.21 £ Unrestricted funds General fund 1,345,382 TOTAL FUNDS 1,345,382 |
31/5/23 £ - 721 9,072 6,398 16,191 31/5/23 £ - Net movement in funds £ 60,312 60,312 Resources expended £ (197,476) (197,476) Net movement in funds £ 79,830 79,830 |
31/5/22 £ 1,305 719 226 1,500 3,750 31/5/22 £ 1,305 At 31.5.23 £ 1,485,524 1,485,524 Movement in funds £ 60,312 60,312 At 31.5.22 £ 1,425,212 1,425,212 |
|
|---|---|---|---|
continued...
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HINDU CULTURAL RESOURCE CENTRE
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2023
15. MOVEMENT IN FUNDS - continued
Comparative 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 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.6.21 £ 1,345,382 1,345,382 |
Net movement in funds £ 140,142 140,142 |
At 31.5.23 £ 1,485,524 |
|---|---|---|---|
| 1,485,524 |
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 £ 465,923 465,923 |
Resources Movement expended in funds £ £ (325,781) 140,142 (325,781) 140,142 |
Resources Movement expended in funds £ £ (325,781) 140,142 (325,781) 140,142 |
|---|---|---|---|
| 140,142 |
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2023.
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HINDU CULTURAL RESOURCE CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023
| 31/5/23 | 31/5/22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 245,597 | 169,949 |
| Grants | - | 8,632 |
| JRS Grant | - | 4,554 |
| 245,597 | 183,135 | |
| Other trading activities | ||
| Gift Aid Tax reclaimed | 5,288 | - |
| Investment income | ||
| Deposit account interest | 3 | - |
| Insurance claim | 6,900 | 25,000 |
| 6,903 | 25,000 | |
| Total incoming resources | 257,788 | 208,135 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| DC Wages | 79,494 | 62,513 |
| Telephone | 784 | 1,440 |
| DC stationery postage | 2,400 | 2,898 |
| DC Other operating expenses | 22,597 | 9,041 |
| DC Repairs | 6,485 | 6,214 |
| 111,760 | 82,106 | |
| Support costs | ||
| Management | ||
| Pensions | 1,338 | 946 |
| Water Rates | 3,647 | 2,070 |
| Insurance | 5,580 | 5,067 |
| Light and heat | 34,378 | 13,782 |
| Refreshments & consumables | 13,596 | 6,336 |
| Cleaning | 1,016 | 1,690 |
| Refuse collection | 4,098 | 2,608 |
| Subscriptions | 51 | 159 |
| Repairs & renewals | 1,891 | 701 |
| Coach Trip | 9,950 | 3,135 |
| Motor Expenses | 388 | 1,489 |
| Alarm Rental and Maintenance | 148 | 120 |
| Accountancy Fee | 3,735 | 3,291 |
| It software costs | - | 196 |
| 79,816 | 41,590 |
This page does not form part of the statutory financial statements
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HINDU CULTURAL RESOURCE CENTRE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2023
| 31/5/23 | 31/5/22 | |
|---|---|---|
| £ | £ | |
| Management | ||
| Other | ||
| Sundries | 1,501 | 460 |
| Improvements to property | 467 | 200 |
| Plant and machinery | 484 | 320 |
| Fixtures and fittings | 3,392 | 3,522 |
| Motor vehicles | 44 | 59 |
| Bank loan interest | 12 | 48 |
| 5,900 | 4,609 | |
| Total resources expended | 197,476 | 128,305 |
| Net income | 60,312 | 79,830 |
This page does not form part of the statutory financial statements
Page 16