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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|
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|The trustees
present
31 March 2022.|The trustees
present
31 March 2022.|their|report|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||||
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|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|
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|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|
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|Donations
and legacies||||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
||F|f|5|
|Donations||||
|Free Will Offerings|13,087|11,786|24,853|
|Donations|150,418|53,356|203,774|
|Gift Aid Claim||||
||163,485|65,142|228,627|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
||8|||
|Donations||||
|Free Will Ofl'erings|12,377|7,275|19,652|
|Donations|106,698|55,978|162,676|
|Gift Aid Claim|24,163||24,183|
||143,238|63,253|206,491|
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|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|
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||||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|
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|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|
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|GOVERNANCE CO|STS||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||Unrestricted||Restricted|Total|TotalFunds|
|||Funds||Funds|Funds||
|||8||8|8||
|Wages||12,000|||12,000|12,000'|
|Audit Fee (including|VAT)|4,800|||4,800|3,600|
|Rates &Water|||622||622|622|
|Light &Heat||1,101|||1,101|1,101|
|Telephone
& internet|||339||339|339|
|Printing,
Postage, etc|||247||247|247|
|Sundry expenses|||457||457||
|Depreciation||2|266||2206|22M|
|Sub total||21|772||21 772|~26 1|
|Grand total|||||||
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|Net income|Net income|||
|---|---|---|---|
|Net income is stated after charging/(crediting):||2022|2021|
||||F|
|Depreciation|oftangible fixed assets|56,328|44,143|
##
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|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|
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|Tangible fixed assets||||||
|---|---|---|---|---|---|
|||||Statues and||
||Freehold|Fixtures and|Motor|Shrine at||
||property|fittings
F.|vehicles
F|cost
F|Total
6|
|Cost||||||
|At 1 April 2021|3,420,538|398,675|13,379|261,043|4,093,635|
|Additions||8,152|12,570||20,722|
|At 31March 2022|3,420,538|406,827|25,949|261,043|4,114,357|
|Depreciation
At 1 April 2021|163,842|309,912|13,379||487,133|
|Charge for the year|32,566|22,190|1,572||56,328|
|At 31 INarch 2022|196,408|332,102|14,951||543,461|
|Carrying
amount||||||
|At 31 INarch 2022|3,224,130|74,725|10,998|261,043|3,670,896|
|At 31 March 2021|3,256,696|88,763||261,043|3,606,502|
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|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|
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||Unrestricted|Unrestricted|Restricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|
||Funds|||Funds|||
||||Funds||||
||||Building|Eelam|Total|Total|
||||Fund|Project|Funds|Funds|
|Tangible|2,443,991||1,126,905||3,570,896|3,606,502|
|Assets|||||||
|Current|61,829||115,165|5,382|182,376|106,252|
|Assets|||||||
|Current|(118,595)||||(118,595)|(112,664)|
|Liabilities|||||||
|Liabilities|~1126|4~1|||~1126 41|1 167246|
|over one|||||||
|year|||||||
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