2022-03-31-accounts - Sivayogam

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Trustees'	and Advisors
Trustees'	Annual Report
Independent auditor's		report to the Trustees
Statement	offinancial	activities	10
Statement	offinancial	position
Notes to the financial statements			12- 22

The trustees present 31 March 2022.	The trustees present 31 March 2022.	their	report	and the financial statements	of	the charity	for the year ended
Reference and administrative			details
Registered	charity name			Sivayogam
Charity registration		number		1050398
Principal Office				41 StGeorges Avenue
				London
				NW9 OJT
				United Kingdom
Founder a	Spiritual	Leader		Sakthy Aanmeehach Chudaroli
				Mr Nagendram Seevaratnam,	ACA, ACMA
Temple Ombudsman				Mr.V.R. Ramanathan, FlnstSMM, CertPFS, CertCII(MP)
				(Founder, Saiva Munnetta Sangam		(UK))
Trustees
				Mr Nagendram Seevaratnam	ACA,	ACMA (Chair)
				Mr Sanmugarajah PTanarajah	FCCA (Treasurer)
				Mr Arunasalam Gananathan LLB(Hons), MBA
				Mr Nimalan Seevaratnam (Secretary)
				(Appointed 1 July 2021)
				Dr Jeyakanthan Saravanamuthu
				(Appointed 1 October 2021)
				Mrs Ambihai KSelvakumar BSc,MSc, FCCA,			MBA
				(End ofterm 9June 2021)
Auditor				Adrian &Co
				Chartered accountants &statutory		auditor
				1417/1419London Road
				Norbury
				London
				SW164AH

Statement of Financi Year ended 31 March	al Act 2022	ivi	ties
					2022		2021
				Unrestricted	Restricted
			Note	funds f	funds f.	Total funds f	Total funds f
Income and endowments Donations and legacies Charitable activities Investment income Other income				163,485 168,069 758 33,317	65,142	228,627 168,069 758 33,317	206,491 101,306 572 89,254
Total Income				365,629	65,142	430,771	397,623
Expenditure Expenditure on charitable	activities		8,9	317,755	38,024	355,779	337,830
Total expenditure				317,755	38,024	355,779	337,830
Net income and net movement		In	funds	47,874	27,118	74,992	59,793
Reconciliation of funds Total funds brought forward				1,212,510	1,220,334	2,432,844	2,373,051
'Total funds cerned forward				1,260,384	1,247,452	2,507,836	2,432,844

Year ended 31 IN	arch 2022
			2022	2021
		Note		F
Fixed assets Tangible fixed assets		14	3,570,896	3,606,502
Current assets Debtors Cash at bank and in	hand	15	27,934 154,442	30,936 75,316
			182,376	106252
Creditors: amounts	falling due within one year	16	118,595	112,664
Net current assets			63,781	(6,412)
Total assets less current liabilities			3,634,677	3,600,090
Creditors: amounts	falling due after more than one year	17	1,126,841	1,167,246
Net assets			2,507,836	2,432,844
Funds ofthe charity Restricted funds Unrestricted funds			1,247,452 1,260,384	1,220,334 1,212,510
Total charity funds		18	2,507,836	2,432,844

Charitable a	ct	ivities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2022	Funds	2021
				F		F.
Temple services			168,069	168,069	101,306	101,306
Investment	income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds 6	2022 8	Funds f	2021 F
Bank interest		receivable	758	758	572	572
Other Income
			Unrestricted	TotalFunds	Unrestricted	Total Funds
			Funds	2022	Funds	2021
			F	6	F
Sais ofgoods Government grants			11,171 22,146	11,171 22,146	5,993 83,261	5,993 83,261
			33,317	33317	89,254	89,254

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
		F
Charitable activities Governance costs	295,983 21,772	38,024	3&,007 21,772
	317,755	38,024	355,779
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
	6	6
Charitable Activities Governance costs	276,974 20,115	40,741	317,715 20,115
	297,089	40,741	337,830

Expenditure on charitabl	e	activities by acti	vity type
				2022	2021
CHARITABLE		Unrestricted	Restricted	Total	Total	Funds
EXPENDITURE		Funds E	Funds 8	Funds 6
Rates &Water		10,165		10,165		12,299
Light & Heat		12,373		12,373		13,503
Repairs & Renewals		10,932		10,932		15,681
Health &Safety		6,155		6,155		5,424
Telephone &Internet		3,618		3,618		5,542
Printing, Postage, Stationery	&	1,617		1,617		1,239
Publicity
Pooja Items (for Temple		57,978		57,978		26,936
Services)
Salaries &N. l		89,619	12,500	102,119		131,270
Insurance		3,833		3,833		6,466
Travelling &Transport		10,891		10,891		3,126
ITexpenses		2,840		2,840
Equipment expense		1,348		1,348
Interest on Loans & Mortgage		30,630		30,630		30,614
Giants &Donations			19,969	19,969		20,188
Sundry Expenses		1,834		1,834		819
Bank Charges		3,583		3,583		2,672
Depreciation		48 507	5 555	122		41936
Sub total		208003	38024	334007		31771

Net income	Net income
Net income is stated after charging/(crediting):		2022	2021
			F
Depreciation	oftangible fixed assets	56,328	44,143

Auditor's remuneration for the yea Staffcosts	r, including VAT is 4,800	(2021 E3,600)
The total staff costs and employee	benefits for the reporting	period are analysed as 2022	follows: 2021
		6	F
Wages and salaries		114119	143270

15.	Debtors
			2022	2021
			E	E
	Prepayments Other debtors		935 26,999	30,936
			27,934	30,936
16.	Creditors: amounts	falling dus within one year
			2022	2021
	Bank loans and overdrafts (see Note 17) Accruals		107,488 11,107	107,487 5,177
			118,595	112,664
17.	Creditors: amounts	falling due after more than one year
			2022	2021
			E	E
	Bank loans and overdraits		1,126,841	1 167246