|||Page|
|---|---|---|
|Report ofthe Trustees||I to7|
|Independent<br>Examiner's<br>Report|||
|Statement ofFinancial|Activities||
|Balance Sheet||10|
|Cash Flow Statement|||
|Notes to the Cash Flow Statement||12|
|Notes to the Financial|Statements|13to 20|
|Detailed Statement ofFinancial Activities||21to 22|





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|f.1,000.This|gives the f5|1,000reserves amount.|1,000reserves amount.||||
|---|---|---|---|---|---|---|
|The amount|committed<br>in|case emergency<br>repairs and maintenance||are needed to our Temple|premises|isf8,000.|
|The Trustees hold regular||reviews ofthis long-term plan.|||||
|The policy on holding reserves includes<br>the following:|||||||
|||||Exclude 1'rom|||
|||||reserves f.|Reserves f||
|Total funds|||||1,993,515||
|Tangible fixed assets not||available for general purposes||1,669,884|||
|Less related|loans repayable||within one year|-8,412|||
|Less related|loans repayable||after one year|-134,876|||
|Committed|ifemergency|repairs are needed to the premises||8,000|||
|Committed|bank balance|for|Temple building|390,000|||
|Committed|for the repayment||oftrustee loans|11,000|||
|||||3 935,595|(1,935,596)||
|Actual reserves||||||57,919|
|Reserves policy amount||||||51,000|



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|REFERENCE AND ADMINISTRATIVE|DETAILS|
|---|---|
|Trustees||
|DrTSriskandarajah|Chairperson|
|Dr SRajasundaram|Secretary|
|Mrs P Gengatharan|Treasurer|
|Dr (Mrs) VM Karunakaran||
|Mr GManoharan||
|Dr SNavantnam||
|Mr SParameswaran||
|Mr SPararajasingam||
|Mr TRatheskumar||
|Mr A Raveendran||
|Mr N Sivasubramanium||
|Dr S Sivathasan||
|Dr S Somasegaram||
|Mrs RSritharan||
|Mr SSukumar||
|Mr SSuthaharan||
|Mr SYogarajah||






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## 

||FOR THK|YEAR EN|DED 31DECE|MBER 2020|||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||Unrestricted|Restricted|Total funds|Total funds|
||||funds|fund|||
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations<br>and legacies|||204.929||204,929|397,273|
|Charitable<br>activities|||||||
|Temple Activities (Unrestricted)|||116,530||116,530|253,205|
|Investment<br>income|||610||610|1,150|
|Total|||322,069||322,069|651,628|
|EXPENDITURE ON|||||||
|Charitable<br>activities|||||||
|Temple Activities (Unrestricted)|||378,530||378,530|600,483|
|Total|||378,530||378,530|600,483|
|NKT INCOME|||(56,461)||(56,461)|51,145|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||1,491,487|560,769|2,052,256|2,001,111|
|TOTAL FUNDS CARRIED FORWARD|||1435,026|560,769|1,995,795|2,052,256|





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## 

|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|Total funds|
|||funds|fund|||
||Notes|f,||||
|FIXEDASSETS||||||
|Tangible assets|10|1,109,115|560,769|1,669,884|1,753,095|
|CURRENT ASSETS||||||
|Stocks|ll|1,800||1,800|1,000|
|Debtors|12|63,988||63,988|73,529|
|Cash at bank and in hand||416,411||416,411|519,725|
|||482,199||482,199|594,254|
|CREDITORS||||||
|Amounts<br>falling due within one year|13|(21,412)||(21,412)|(152,093)|
|NET CURRENT ASSETS||460,787||460,787|442,161|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,569,902|560,769|2,130,671|2,195,256|
|CREDITORS||||||
|Amounts<br>falling due after more than one year|14|(134,876)||(134,876)|(143,000)|
|NKT ASSETS||1,035.026|560769|1,995,795|2.052,256|
|FUNDS|17|||||
|Unrestricted<br>funds||||1,435,0266|1,491,487|
|Restricted funds||||560,769|560,769|
|TOTALFUNDS||||1,995.795|2.052,256|





## 

||FOR|THE YEA|R ENDED 31DEC|EMBER 2020||
|---|---|---|---|---|---|
|||||2020|2019|
||||Notes|||
|Cash fiows from operaflng|activities:|||||
|Cash generated<br>&om operations<br>Interest paid||||(103,625)<br>~4,964)|137,089<br>~6,139)|
|Net cash provided by (used in) operating||||||
|activities||||(108,589)|~130950|
|Cash flows from investing|activities:|||||
|Interest received<br>Disposal offixed assets||||610<br>13,211|1,150<br>~6,300)|
|Net cash provided<br>by (used in) investing<br>activities||||13,821|(5,150)|
|Cash flows from financing|activitiesi|||||
|Loan repayments<br>in year||||~8,546)|~7,357)|
|Net cash provided<br>by (used in) financing||||||
|activities||||~8546)|~7,357)|
|Change in cash and cash equivalents||in the||||
|reporting<br>period||||(103,314)|118&443|
|Cash and cash equivalents|at the beginning of|||||
|the reporting<br>period||||519,725|401,282|
|Cash and cash equivalents|at the end|ofthe||||
|reporting<br>period||||~416 411|519,725|





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|RECONCILIATION|RECONCILIATION|OFNET INCOME|OFNET INCOME|TO NKT CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|
||||||2020|2019|
|Net income for the|reporting||period (as per the statement offmancial||||
|activities)|||||(56,461)|51,145|
|Adjustments<br>for:|||||||
|Increase in stock|||||(800)||
|Decrease/(increase)|in|debtors|||9,541|(199)|
|(Decrease)/increase|in|creditors|||(130,259)|11,154|
|Loan payment|||||||
|Interest received|||||(610)|(1,150)|
|Interest paid|||||4,964|6,139|
|Depreciation<br>charges|||||70,000|70,000|
|Net cash provided|by|(used in) operating||activities|(103,625)|137,089|





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|DONATIONS<br>AND LEGACIES|||||
|---|---|---|---|---|
||||2020|2019|
|||||I|
|Gift aid|||12,714|10,853|
|Poojah|||28,755|44,427|
|Archanai|||87,854|187,670|
|Undiyal|||28,795|56,383|
|Public Donations|||27,134|61,806|
|Trustee Donadons|||13,620|29,542|
|Orphanage<br>in Sri Lanka Public Donations|||4,917|5,092|
|Orphanage<br>in Sri Lanka Trustee Donations|||1,140|1,500|
||||204,929|397,273|
|INVKSTMKNT INCOME|||||
||||2020|2019|
||||s||
|Deposit account interest|||610|1,150|
|INCOME FROM CHARITABLE ACTIVITIES|||||
||||2020|2019|
||Activity|||I|
|Parasardum|Temple Activities|(Unrestricted)|17,718|73,034|
|Weddings|Temple Activities|(Unrestricted)|4,400|13,920|
|Cultural<br>Program|Temple Activities|(Unrestricted)||1,385|
|PupuNiratuthal|Temple Activities|(Unrestricted)||550|
|Cleaning Charges|Temple Activities|(Unrestricted)|75|260|
|Gmceries|Temple Activities|(Unrestricted)|11,455|15,435|
|Abiseka Items|Temple Activities|(Unrestricted)|8,716|10,920|
|Outside Service|Temple Activities|(Unrestricted)|13,195|19,495|
|Rent Sivan Centre and Navalar|Temple Activities|(Unrestricted)|2,595|12,570|
|Rental Income|Temple Activities|(Unrestricted)|11,150|11,400|
|Malai|Temple Activities|(Unrestricted)|6,933|13,864|
|Calendar|Temple Activities|(Unrestricted)|1,464|1,854|
|Bank Royality|Temple Activities|(Unrestricted)|833|1,784|
|Siva Karakul|Temple Activities|(Unrestricted)|18,950|18,800|
|Karathay|Temple Activities|(Unrestricted)|460|2,760|
|Melam|Temple Activities|(Unrestricted)||5,400|
|Main Hall|Temple Activities|(Unrestricted)||4,140|
|Saree|Temple Activities|(Unrestricted)|448|1,889|
|Rent Income f'rom employees|Temple Activities|(Unrestricted)|17,542|36,850|
|School Fundraising|Temple Activities|(Unrestricted)|596|6,145|
|Meeting Hire|Temple Activities|(Unrestricted)||750|
||||116,530|253,205|





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|||Direct costs|Support costs|Totals|
|---|---|---|---|---|
||||(Seenote 6)||
||||f,||
|Temple Activities (Unrestricted)||364,444|14,086|378,530|
|SUPPORT COSTS|||||
||||Governance||
||Management|Finance|costs<br>f|Totals<br>g|
|Temple Activities (Unrestricted)|1,326|3,036|9,724|14,086|



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## 

|The average monthly<br>number ofemployees<br>during|the year was as follows:||
|---|---|---|
||2020|2019|
|Priests|8|8|
|Administrators|3|4|
|Kitchen|1|1|
||12|13|



## 

|||Unrestricted|Restricted|Total funds|
|---|---|---|---|---|
|||funds|fund||
||||f||
|INCOME|AND ENDOWMENTS FROM||||
|Donations|and legacies|204,929||204,929|
|Charitable|activities||||
|Temple Activities (Unrestricted)||117,140||117,140|
|Total||322,069||322,069|





## 

## 

||NOTES TO THE FINANCIAL STATEMENTS -CONTINUED<br>FORTHK YEAR ENDED 31DECEMBER 2020|NOTES TO THE FINANCIAL STATEMENTS -CONTINUED<br>FORTHK YEAR ENDED 31DECEMBER 2020|NOTES TO THE FINANCIAL STATEMENTS -CONTINUED<br>FORTHK YEAR ENDED 31DECEMBER 2020|NOTES TO THE FINANCIAL STATEMENTS -CONTINUED<br>FORTHK YEAR ENDED 31DECEMBER 2020||
|---|---|---|---|---|---|
||COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES —continued|||||
||||Unrestricted|Resuicted|Total funds|
||||funds|fund||
||||I|||
||EXPENDITURE ON|||||
||Charitable<br>activities|||||
||Temple Activities (Unrestricted)||378,530||378,530|
||Total||378,530||378,530|
||NET INCOME/(LOSS)||(56,461)||(56,461)|
||RECONCILIATION|OF FUNDS||||
||Total funds brought forward||1,491,487|560,769|2,052356|
||TOTAL FUNDS CARRIED FORWARD||trss026|560,769|1,995,795|
|10.|TANGIBLE FIXEDASSETS|||||
|||Freehohi|Long|Fixtures and||
|||property<br>f|leasehold<br>I|fittings<br>f|Totals<br>f|
||COST|||||
||At 1 January 2020|925,218|1,567,776|58,967|2,551,961|
||Additions|(13,211)|||(13,211)|
||At 31December 2020|912,007|1,567,776|58,967|2,538,750|
||DEPRECIATION|||||
||At 1 January 2020|56,500|690,566|51,800|798,866|
||Charge for year|2,500|67,500||70,000|
||At 31December 2020|59,000|758,066|51,800|868,866|
||NET BOOKVALUE|||||
||At 31December 2020|853 007|809,710|7,167|1,669,884|
||At 31December 2019|868718|877,210|7,167|1,753,095|





## 

|11.|STOCKS||||
|---|---|---|---|---|
||||2020|2019|
||||8|8|
||Stocks||1,800|1,000|
|12.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2020|2019|
||||8||
||Prepayment|and Cash in transit|23,338|19,497|
||Debtors||40650|54032|
||||63,988|73,529|





## 

||NOTES TO THE FINANCIAL STATEMENTS - CONTINUED<br>FOR THK YEARENDED 31DECEMBER 2020|NOTES TO THE FINANCIAL STATEMENTS - CONTINUED<br>FOR THK YEARENDED 31DECEMBER 2020|||
|---|---|---|---|---|
|13.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||2020|2019|
||||f.||
||Bank loans|and overdrafts<br>(see note 15)|8,412|8,834|
||Trustee loans||11,000|120,795|
||Other creditors||2,000|22,464|
||||21,412|152,093|
|14.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONK YEAR||||
||||2020|2019|
||||8|8|
||Bank loans|(see note 15)|134,876|143,000|
||Trustee loans||||
||||134876|143,000|
|15.|LOANS||||
||An analysis|ofthe maturity ofloans is given below:|||
||||2020|2019|
||Amounts<br>falling due within one year.||||
||Bank loans||8,412|8,834|
||Amounts<br>falling between one and two years:||||
||Bank loans|- 1-2years|8,000|8,000|
||Amounts<br>falling due between two and five years:||||
||Bank loans|—2-5 years|24,000|24,000|
||Other loans|- 2-5 years|||
||||24,000|24,000|
||Amounts<br>falling due in more than five years:||||
||Repayable|by instalments:|||
||Bank loans|more 5 year by instalments|102,876|111,000|
|16.|SECURED DEBTS||||
||The following<br>secured debts are included within creditors:||||
||||2020|2019|
|||||4|
||Bank loans||143788|151,833|
||Bank loans|are secured on freehold property.|||





## 

## 

|||||Net movement||
|---|---|---|---|---|---|
||||At 1.1.20|in funds|At 31.12.20|
||||f|f||
|Unrestricted<br>funds||||||
|Temple Activities (Unrestricted)|||1,491,487|(56,461)|1,435,026|
|Restricted funds||||||
|Sivan Centre Activities (Restricted)|||560,769||560,769|
|TOTAL FUNDS|||2,052,256|~56462)|1,9995.795|
|Net movement<br>in funds, included in the above are as follows:||||||
||||Incoming|Resources|Movement<br>in|
||||resources<br>f|expended|funds|
|Unrestricted<br>funds||||||
|Temple Activities (Unrestricted)|||322,069|378,530|(56,461)|
|TOTAL FUNDS|||322,069|378,530|~56,461)|
|Comparatives<br>for movement||ut funds||||
|||||Net movement||
||||At 1.1.19|in funds|At 31,12,19|
|Unrestricted<br>Funds||||||
|Temple Activities (Unrestricted)|||1,440,342|51,145|1,491,487|
|Restricted Funds||||||
|Sivan Centre Activities (Restricted)|||560,769||560,769|
|TOTAL FUNDS|||2,001,111|51,145|2,052,256|
|Comparative<br>net movement|in|funds, included in the above are as follows:||||
||||Incoming|Resources|Movement<br>in|
||||resources|expended|funds|
|Unrestricted<br>funds||||||
|Temple Activities (Unrestricted)|||651,628|600,483|51,145|
|TOTAL FUNDS|||651,628|600,483|51,145|





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||2020|2019|
|---|---|---|
||f||
|INCOME AND ENDOWMENTS|||
|Donations and legacies|||
|Gilt aid|12,714|10,853|
|Poojah|28,755|44,427|
|Archanai|87,854|187,670|
|Undiyal|28,795|56,383|
|Public Donations|27,134|61,806|
|Trustee Donations|13,620|29,542|
|Orphanage<br>in Sri Lanka Public Donations|4,917|5,092|
|Orphanage<br>in Sri Lanka Trustee Donations|1,140|1,500|
||204,929|397,273|
|Investment<br>income|||
|Deposit account interest|610|1,150|
|Charitable<br>activities|||
|Parasardum|17,718|73,034|
|Weddings|4,400|13,920|
|Cultural<br>Program||1,385|
|Pupu Niratuthal||550|
|Cleaning<br>Charges|75|260|
|Groceries|11,455|15,435|
|Abiseka Items|8,716|10,920|
|Outside Service|13,195|19,495|
|Rent Sivan Centre and Navalar|2,595|12,570|
|Rental Income|11,150|11,400|
|Malai|6,933|13,864|
|Calendar|1,464|1,854|
|Bank Royalty|833|1,784|
|Siva Kurukai|18,950|18,800|
|Karathay|460|2,760|
|Melam||5,400|
|Book Publication||4,140|
|Saree|448|1,889|
|Rental Income 1'rom Employee|17,542|36,850|
|School Fundraising|596|6,145|
|Meeting Hire||750|
||116,530|253,205|
|Total incoming resources|322,069|651,628|
|Charitable<br>activities|||
|Flowers<br>Salaries ofPriests &Admin|10,606<br>97,032|31,922<br>154,077|
|Rent|44,000|44,000|
|Carried forward|151,638|229,999|





|||FORTHE YEAR ENDED 31D<br>|ECEMBER 2020<br>||
|---|---|---|---|---|
|Charitable<br>activities<br>Brought forward<br>Prasatham<br>/ Cooking<br>|||2020<br>f<br>151,638<br>16,699<br>|2019<br>f<br><br>29,999<br>56,119|
|Refuse collection|||2321|4,579|
|Insurance|||10,417|10,419|
|Electric|||12,362|12,050|
|Water|||5,192|1,590|
|Gas|||12,816|9,447|
|Melam|||300|5,950|
|Repairs|||18,931|41,973|
|Abiseka Items|||8,149|24,110|
|Gmcery|||7,795|17,289|
|Donation to Hindu and Other Organisations|||10,571|27,964|
|Depreciafion|||70,000|70,000|
|Cleaning|||13,082|35,599|
|Transfers to Sri Lanka Orphanage|||5,000|5,535|
|Fruits|||6,508|15,959|
|Teaching payments|||185|5,745|
||||351,966|574,327|
|Other|||||
|Calendar Cost|and Printing||3,241|4)353|
|Bank interest|||4,964|5,978|
|Gilt||||945|
|Advertising||||3,073|
|Security costs|||3,210||
|Sundry expenses|||1,063||
||||12,478|14,349|
|Support costs|||||
|Management|||||
|Telephone|||440|1,201|
|Postage and stationery|||676|1,174|
|Ttallsport|||210|863|
||||1,326|3,238|
|Finance|||||
|Bank charges|||3,036|6,139|
|Governance|costs||||
|Independent|Examination|fees|2,000|600|
|Accountancy|fees||5,078|1,830|
|Legal fees|||2,646||
||||9,724|2,430|
|Total resources expended|||378,530|600,483|
|Net income/(Loss)|||~56,461)|51,145|