OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Page
Association
Information
Trustees'
Report		 2,3
Statement
ofthe Trustees'
Responsibilities
Independent
Examiner's		 Report
Statement
of Financial		 Activities
Balance Sheet
Accounting
Conventions		 and Accounting Policies 8,9
Notes to the Financial Statements 10-14

2022 2021
funds
Unrestricted		 funds
Restricted		 Total Total
Notes g g
Incomin
Resources from
Charitable
Activities		 15,228 15,228 16,966
Other Sources 83,932 2,927 86,859 45,909
Total 99,160 2,927 102,087 62,875
Resources Ex ended on
Raising Funds 695 695 4,811
Charitable
Activities		 60,982 32,240 93,222 84,876
Total 61,677 32,240 93,917 89,687
Net Incomin
Resources
Net Resources Ex ended 37,483 (29,313) 8,170 -26,812
Net movements in funds 37,483 (29,313) 8,170 -26,812
Total funds as at 1 A ril 2021 361,424 1,286,244 1,647,668 1,674,480
Total funds as at 31 INarch 2022 398,907 1,256,931 1,655,838 1,647,668
Notes f 2022 2022 2021
Fixed Assets
Tangible Fixed Assets 1,007,881 1,029,104
Current Assets
Debtors 7,669 16,515
Bank Deposits 9 391,021 374,654
Cash at bank 254,764 234,012
Cash
in Hand		 503 653,957 34 625,215
Total Assets 1,661,838 1,654,319
Less: Loan 6,000 6,000
Accrued Expenses 10 651
Net Assets 6,000
1,655,838		 -6,651
1,647,668
Unrestricted
Funds		 398,907 361,424
Restricted
Funds		 1,256,931 1,286,244
1,655,838 1,647,668

to standa r d
accounting
pr		 actice on the

following
basis:
Freehold Land/Investment Property Not depreciated
Leasehold Land 50 year life from 2018
Freehold Building 50 year life from 2002
Building Improvements 20 year life from execution
Furniture, Fixtures and Fittings 10year life from acquisition
Office Equipment 5 year life from acquisition
Computer Equipment 4 year life from acquisition

AS AT 31 MARCH 2022
2022 2021
Unrestricted Restricted Total Total
F P
3 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
Specific Support Grants 7,600
Charitable
Activities		 15,228 15,228 9,366
TOTAL 15,228 15,228 16,966
4 INCOMING RESOURCES FRONI OTHER SOURCES
4.1 Voluntary
Contributions
Membership 3,340 3,340 215
Collections/Gift Aid 55,213 55,213 31,159
58,553 58,553 31,374
4.2 Income from Activities
Hire of Hall 1,700 1,700 2,320
Other Activities 2,106 2,106 330
Covid 19Furlough Scheme 13,336 13,336 2,689
17,142 17,142 5,339
4.3 Investment
Income
Rent Receivable 6,960 6,960 3,831
Deposit Interest 1,277 2,927 4,204 5,365
8,237 2,927 11,164 9,196
OVERALL TOTAL 83,932 2,927 86,859 45,909
5 RESOURCES EXPENDED ON RAISING FUNDS
5.1 On Investment
Income
Property Expenses 695 695 4,811
5.2 On Fundraising
Activities
Event Costs
695 695 4811
10

2022 2021
Unrestricted Restricted Total Total
F
6.1 Direct Activities
Temple and Religious
Elderly Peoples Group
Gujurati School
Events and Activities
Wages
Re-opening
Costs		 2,379
9,178
3,390
101
12,354		 2,379
9,178
3,390
101
12,354		 3,804
6,074
2,684
13,616
487
27,402 27,402 26,665
6.2 Support Activities
a) Establishment
Expenses
Insurance
Light 8 Heat
Water
Repairs & Renewals		 3,862
14,983
764		 3,862
14,983
764		 739
17,992
932
-Equipment
-Building
Cleaning
8 Gardening
Safety 8 Security
Minor Equipment		 787
5,810
994
2,514
108		 787
5,810
994
2,514
108		 1,181
500
270
1,789
29,822 29,822 23,403
b) Administration
Expenses
Software Costs
Telecommunications
Postage,
Printing
& Stationery
Miscellaneous
Expenses
Property Valuation
Fee		 1,417
1,498
843		 1,417
1,498
843		 576
1,072
1,115
503
c) Governance
Costs		 2,915 3,758 3,266
Legal re Titleholders 760
6.3 Depreciation
on Fixed Assets
Furniture
and Equipment
Leasehold
Land/Building		 10,130
22,110		 10,130
22,110		 8,672
22,110
32,240 32,240 30,782
OVERALL TOTAL 60,982 32,240 93,222 84,875

7.1 Land and Buildin s Investment Freehold Leasehold Freehold Building
Property Land Land Building improvements Total
Cost: As at 1 April 2021
and at 31 March 2022 70,365 250,000 6,431 1,060,000 15,617 1,402,413
Depreciation: as at 1 April 2021 516 424,000 6,248 430,764
Charge for the year: 129 21,200 781 22,110
Depreciation: as at 31 March 2022 645 445,200 7,029 452,874
Net Book Value: 31 March 2022 70,365 250,000 5,786 641,800 8,588 949,589
Net Book Value: 31 March 2021 70,365 250,000 5,915 636,000 9,369 971,649
7.2 Furniture
S E ui
ment		 Furniture
Fixtures and Office
Fittings Equipmenrt Computers Total
Cost: As at 1 April 2021 117,971 1,500 5,482 124,953
Additions
in year		 11,017 11,017
Cost as at 31 March 2022 128,988 1,500 5,482 135,970
Depreciation: as at 1 April 2021 60,516 1,500 5,482 67,498
Charge for the year: 10,130 10,130
Depreciation: as at 31 March 2022 70,646 1,500 5,482 77,628
Net Book Value: 31 March 2022 58,342 58,342
Net Book Value: 31 March 2021 57,445 57,455

7.3 Summa Land Furniture
and and Overall
Buildings Equipment Total
(7.1) (72)
F
Cost: As at 1 April 2021 1,402,413 124,953 1,527,366
Additions
in year		 11,017 11,017
Cost as at 31 March 2022 1,402,413 135,970 1,538,383
Depreciation:
As at 1 April 2021		 430,764 67,498 498,262
Charge for the Year 22,110 10,130 32,240
Depreciation:
As at 1 March 2022		 452,874 77,628 530,502
Net Book Value: 31 March 2022 949,539 58,342 1,007,881
Net Book Value: 31 March 2021 971,649 57,455 1,029,104

S A T 31 MARCH 2 022
8 DEBTORS 2022 2021
Unrestricted Restricted Total Total
Insurance
Prepaid		 3,317 3,317
Deposit Interest Accrued 1,130 3,222 4,352 16,515
9 BANK DEPOSITS TOTALS 4,447 3222 7,669 16,515
Bank of India 140,308 140,308 129,909
Bank of Baroda 27,358 105,520 132,878 132,878
State of Bank of India 117,835 117,835 111,867
TOTALS 145,193 245,828 391,021 374,654
10 CREDITORS
2020/2021 Insurance accrued 651
11 ALLOCATION OF NET ASSETS TO FUNDS
Unrestricted Restricted Total
F
Tangible
Fixed		 Assets 1,007,881 1,007,881
Debtors 4,447 3,222 7,669
Bank Deposits 145,193 245,828 391,021
Cash at Bank 254,764 254,764
Cash
in Hand		 503 503
Total Assets 404,907 1,256,931 1,661,838
Less: Loan -6,000 -6,000
Net Assets 398,907 1,256,931 1,655,838