LONDON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED31 DECEMBER 2021
The trllSte present their repon with th¢ financial swements of the chariry for the yeaT ended 31 December 2021. The
trustees have adopted the provisions of Accounting and Reporting by Chariiies.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Finan¢ial Re[ing Stsndard applicable in the UK
and Republic of Ireland {FRS 102) (effeciive l January 2015).
OBJECTIVES AND AcfIviTIES
Objectives and aims
'ThL purposes of the charity &% set in its goveming document is as follows=
The frustees shall hold the trusi fund and its incolne for the advan¢ement of ihe Saiva {Hindu) religion according to th¢
Sai*a Sithantha trdditions. principles and prdctites prevailing in Sri Lanka and Tamil Nadu. India and such other
charitsble purp(Tr5es for the benefit of the colnmunity as the tyustees shall from lime to time detennine.
Signilleant aetivitl¢S
A saiva (Hindu) Temple in L£wisham IndOn is operating with catering facilities, cultura5 fvnction hall and Tamil school.
The Temple is open 365 day5 a year from early morning until laie evening. Hindu festivals are celebrated. Functions
include weddings and Tamil traditional music and dance. The Templ¢ carry out seryices for funerals. Due to Covid-19
infection challenges and &ssociated Government restrictions the activiries at the iemple were much redu¢ed during the
year ?0? I
Publie bellefit
Public Benefit Statement:
Public benefii is * the heart of what tl rn¢s to k a charity. Two key principles define this are&
l. There must be identifiable benefits.
2. The benefit5 musi to the publi¢.
The Trustees must cany th¢ following..
l. Review the activities undertaken for the public benefft.
2. State whether they hav¢ Complied with this dw.
The Temple is in an inner-ciry Borough, LondoEJ BorouoJ) of Lewisham th the Government h&$ identified as containing
areas of deprivation. The whole cotnTnunity is welcome to use the TTUSt's facilities. Temple complex is warn) and
comfortable. and we recognise that some visitors may noi have any fmancial resources to make donations.
The siarting tmiint for a prayer dOnlon ticket continues to be £1. Thus the aim is to make the Temple available to all
devotees of limitrd fllMncial means.
The Trnsiees have reviewed the activities underthken for the public benefit as nored above. Moreover, the Trustees
confirni their compliance with this duty and th* The Charny Commission'sguidance on public benefit has been followed.
Grantmaking
The Trust made donation5 to Hindu and other organisations of £1? 104 (2020 £10.571) as follows:
SiN'an Illam University sdenTS, Chetipalayam. Batticalo4 Sri tanka £l.g)0 {?020 £6.0(KI)
Olirnm Valuce. Thunukai, Mullaiilium £1.5(M) I?O?O £Nil)
Education Development S(Ki¢ty, Muihur. TricOnllet £i.IM)0 {2020 £1,750)
Federation of Saiva Hindu TeTnples in UK £204 (?0?0 £12501
Page I
LON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
Volunteers
The Trustees would like to thank all the volunt¢eTS that help WTth the following..
Stewardship of larg¢ numbers of people on special days.
Crowd control and managelnent of health and saf¢ty 18pects.
seIng food to devote¢5 on special days.
Regular assistance with administraiion.
Cleaning and washing within the Temple and grounds.
ACHIEVEMENT AND PERFORMAP4C£
Charitable activities
The main achievemenis and benefits to devoiees, visitors and the lo] cornmunity include the following..
The Temple was open every day of the year ex¢¢pt during the full shut4iown period.
Considerable numbers of functions were held in the past including weddings. cultural music and dance events, and
fi]neials However. the activities were very much Scal down during the year 20?0.
The Temple has welcomed persons of other faith with warn)th and friendship. The aim is for hartnony in our local
commuThity.
Trustees wamily welcom¢ local sch(K>ls children visii io the temple io understand Saiva (Hindu) religion and way of
worship at the templ¢. It also promo$ inierfaith relationship of the various communiiies in the Borough.
Our Temple is 5Étllated in an imier-ciry borough identified bv ihe governtneni as containing areas needing itnprovement.
All persons are made welcome and may have refreshments. We rognise that some persons may not have financial
resources to make donations.
The Trustees set obje¢iives of having good 4ttellde. njnning a giyxl number of functlons, welcoming people of other
fasth io the Temple and helpirtg ihose in the community with Ikmited financial resources to use the Temple fa¢21ities. The
Trus*es f¢¢1 that the achievements have met the objectives sei despiie the CoYid-19 al1£U1t1eS and restri¢tions.
The Trusi owns the freehold (Trf the tknndon Sivan Centre building at 12A Lee High R(*ad which houses a eultural and
wedding hall and a nutnber of classrooms. These facilitie5 are used by local cotnmunities at subsidised rates. The Trnst
also own a flat at 4C Clarendon Rise and a Sm) land adjaceni io the 4A Clarendon Rise.
Fundrxislllg activities
Th¢ medium-temj plan includes the purchase ofthe Temple buildingand ihe premises * 4A Clarendon Rise. The Trustees
plan io ¢ommence fundraising at ihe appropTiat¢ time The Trustees have suc¢¢s%fully rdised funds in the pasi to build the
Sivan Centre and the new Temple.
Page 2
LONDON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
FINANCIAL REVIEW
Finaneial position
Cash at bank and in hand increa%d to £543.979 & 31st December ?021 compared 10 £416,411 the year earlier. The
Irustees consider the level of cash in the bank to be suffici¢nt to cover day to day requirements. The savings in the bank
is committed for the Temple preTni5es.
Bank loans were £134.780 at 31* t)ecember2021 compared to £143288 ayearearlier. Loans from trnstees wer¢ £1 1.000
at 31 st De¢ember 2021 compared to £1 l.O(Ml a year earlier.
The *atement of fancial activtties shows a £174.154 surp1$ of incorne over expenditure for the year ended 3 1st
December 2021 compared to a deficil of £56,461 th¢ year earlier.
Debtors include £26.356 (accumulated since 2011) due from devoiees for services performed in the Temple (?020
£40.650, accumulaied since ?01 l). A deposit is received with the balance due within a reasonable time after the service
15 held. The Treasurer, Trustees. Temple Sthff and Priests are working hard as a team to colleci ihe balances and reduce
the amount of debtors.
Prineipal funding 50urce5
Approximately two thirds of inwrne are fron] donaiions with one third of income from charitable attivities.
e3
IA)NDON SIVAN KOVIL TRUST
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECE.VIBER 2021
FINANCIAL REVIEW
Reserves policy
The Trusrees have reviewed reseThes as follow5-
The amounis are rounded for clarity.
The averdge amounts of monihly income have exceeded monthly expenditure wtih the Surp1 being used to repa). bank
loans and build up an amount is committed for the purchase of the TeTnple building and the premises.. A £70,000
reserve in the bank current account and within debtor balances should cover when the day-10-day expenditure is ahead
of incorne to prevent the account going overdraTrTrm. Two month's averAge expendittwe is £70,OW wÈth two month's loan
repayment of £ 20(M). This gives ihe £7? 000 reserves amount.
The 8rnouni committed for emergew TeptiiTS and mainienance is £9,(J)O.
Th¢ Trnsiees hold regular reviews of the fina]Kial ststus
The tx)licy on holding reserves includes the follow
Ex¢lud¢ from
reserves £
Reserves £
Total funds
Tangible fixed assets not available for generdl purposes
Less related loans repayable within one year
Less related loans repayable after one year
Committed if emergency repairs are needed io the premise5
Committed bank balance for Temple building
Committed for th¢ repayment of truet loans
2,170,049
1.763.159
-7.17?
-127,609
9,000
450,(K)O
11.000
2.098,)78
(2.098.378)
Actual reserves
71,671
Reserves policy amount
72,0(K)
FUTURE PLANS
Trustees will need to tnake future decisions on capital expenditure to secure the freehold of the Temple buildino and any
furtherconstruction activity required. During previous years Trustees haNe had financed capital expenditure with amounis
coIrimitted. bank loans. loans from Tn¢$ and fundrdisin&
STRUCTURE, GOVERNANCE AND MANAGEMENT
GoverDing doeumtttt
The chariry. is controlled by its governing diKumenL a deed of trusL and constiwtes an unincorporated charity.
The constitution d(*u¥neni is dated 19th September 1993 with the declarnion of the trust made on ?7th February 1995.
Fourteen trusiees were named in the document with the minimuTn llUTHber of tsustees being fourteen and the maximum
thirty-two. The consiitution was updated by incoTporating a confidential ele¢tion process for office bearer's seleciion and
raiified on 24th July 20(.
Page 4
LONDON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
TRUCTURE, GOVERNANCE AND MANAGEMENr
Charity constilutio
The trustees shall establish and mainthin a Siyan Temple in South Easi London ac¢ording to the traditions of Saiva
Temples prevailing in Sri tanka and Tamil Nadu India.
The iNstees shall hold the trust fund and its income for the advancemeni of the Saiva (Hindu) religion and for other
Lharitable purposes for the benefii of th¢ cotnmuniry as the m]siees may determine.
Oryanisational strueture
The day to day management is tarried out by mistees and not delewed to employ¢¢5. A well organised otTice is
maintained with administraiiv¢ staff employed by the TrSt.
"rhe Irusttts have elected achairperson. secretary And lreurff. In addition. an internal auditor is appointed.
A building and finance sulTr ¢ommintt is re5ponsibl¢ forprovidingguidance forcapital expenditure and related financing.
A community service sub-committee is responsible for providing services and support to the local community.
A cultural a¢iivsty suIFcommittee is resFM)nsible for day to day running of th¢ Ternple's Saturday Tamil Sch[1 that is
opera*d on the Trusts premises.
All three sub- committees. progTess are coorditmtrd by the Tru5Vs secretsry and r¢prted to the main board af the 2rd
meetings.
Detisioll making
Truste share the responsibiliry of attending the Temple office i65 davs each year io oversee all decisions and
transactions. Some decisions relating to small value purchases are delegaied 10 Temple staff.
The chairperson has overall reSnsibIlitY for the affairs of the Tnjst and presides over the annual, ordinary and any
emergency meetings.
The secreiary att¢nds io day to day admini5traiion of the Ttw and 15 responsible for the execution of th¢ resolutions
passed in the Board of Trustees meetings. The wretary is also resw)nsible for liaising with the sub-comrnittees and
cIK)rdinate progress to collect reports for the Board of TnLs*es.
The treasurer is responsible for maintaining all accounts pertaining w the affairs of the Tnjsi. The secretary aTrdnges for
accow)ts to be approved by board at our two monthly meeting5 of truxees.
De¢isions are made by secret ballot using a simple majoriry of vote5. The chairperson at the meeting has the casting vote
irresp¢ctive if the chairpersons vote wa5 a]ready cast.
Inductioll and tr2iniDg of new trustees
New itusiees ar¢ given the Charity Commission publication "The Essential Trustee: what you need to know. what you
eed io do." New trustees are expected io read the publicatioT]. In addition, new trustees spend time with the chairperson.
secretary and treasurer to gain an overview of ¢ach office holders. responsibilities.
Page 5
IL)NDON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR Ef4DED 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MAf4AGEMENT
Kev managernent remuneraiion
The trust does noi have key manag¢ment stsff. TrUet$ aim to ensure that athninists2tors and religious workers are paid
reasonable salary.
Wider network
The Trust is a MeMr of the Federation of Saiva (Hindu) Temple5 of the Unitrd Ktngdom. This membership does not
impaci the operating policies of the TnJsL
Rel8ted parties
The Trust SUprt an orphanage in Sri Lanka with twelve resident girls w]M) attend school and reside in the building. A
dedicated aM of helpers and staff are resident in the building.
Risk management
The trusiees hai'¢ idenlifEed anumberof risks thai the is exposed to take action io pr0ct the trust against adverse
consequences.
To protect againM fiKKi 5af¢ty risks, kitchen staff have attended food hygiene training. In addition, advtce been
received and acied upon frorn the LA)cal Authority Envirot)mentsl Health Department.
To protect against fire 52fety risks. advice has been received and a¢ted upon from the London Fire Brigade.
To prot¢¢t agakn5t misappropriation of income and unauthorised enditure. tsustees monitor transactions to ensur¢
Segregation of dulles and cross referencing of transactions.
To protect against risks present in capital expenditi]re projects rel}ng to the buildings and lease. mlet$ possess skills
in engineering. consmjciion and business manageTnenL
To proiectagainst the risks of harni andabuse io the twelve girls in the orphanage in Sri lank4 Nstees visit the orphanage
few lime5 ever). year ai a regular Inr¥alS. A report dei]ing the visit 15 prepared for the main board of trustees meeiing.
Responsible persons from the medical profession in Sri Lanka are given the thsk to oversee the orphanage. Trustee visits
io the orphanage tske many houry with follow up visits the Same day and on other days during the trustee's duraiion in
STI Lanka. Thus. the staff and all conne¢t¢d with the orphanage clearly see that the Iwst¢es have tsken the girls wellbeing
extremely seriously.
Page 6
LONDON SIVAN KOVIL TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2021
REFERENCE AND ADMINISTtL4TIVE DETAILS
Re%istered Charity number
1051516
Principal address
4A Clarendon Rise
Le.1$haM
London
SEli5ES
REFERENCE AND ADMINISTRATIVE DETAIIS
Tru5tets
Dr (Mrsl V M Karunakaran
Dr S RaJUndardM
Mrs PV Gengatharan
Chairperson
Secretary
Treasurer
Mr G Manoharan
Dr S Navaratnam
Mr S Parameswarart
Mr S Pardfdjasingam
Mr T Ratheskumar
Mr A Ravendran
Mr N Siyasubramanium
Dr S Sivaihasan
Dr T Sriskandarnjeh
Mrs R STltharan
Mr S SukuTn2r
Mr S SUthahan
MT S Yogarajah
Independent examiner
Vanniasingam Sashicumarr ACMA. CGMA
AA-AccountlDg and Business Solutions AssiKiat¢S
267
Haydons Road
Wimbledon
London
SW19KrY
Approved by order of the board of trustees on 28 Octotw 22 and signed on its behalf by:
Dr VM Karutthardn . Chairperon
Page 7
**REGISTERED CHARITY NUMBER: 1051516**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 FOR LONDON SIVAN KOVIL TRUST**
**LONDON SIVAN KOVIL TRUST**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
||Page|
|---|---|
|Report of the Trustees|1 to 7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Cash Flow Statement|11|
|Notes to the Cash Flow Statement|12|
|Notes to the Financial Statements|13 to 20|
|Detailed Statement of Financial Activities|21 to 22|
## **LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. 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 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purposes of the charity as set out in its governing document is as follows:
The Trustees shall hold the trust fund and its income upon trust to apply them for the advancement of the Saiva (Hindu) religion according to the Saiva Sithantha traditions, principles and practices prevailing in Sri Lanka and Tamil Nadu, India and such other charitable purposes for the benefit of the community as the trustees shall from time to time determine.
## **Significant activities**
A Saiva (Hindu) Temple in Lewisham London is operated with catering facilities, function hall and Tamil school. The Temple is open 365 days a year from early morning until late evening except on Mondays to Thursdays when it closes between 2 to 5pm. Hindu festivals are celebrated. Functions include weddings and Tamil traditional music and dance. The Temple carries out services for funerals. Due to Covid-19 infection challenges and associated Government restrictions the activities at the temple were much reduced during the year 2021.
## **Public benefit**
Public Benefit Statement:
Public benefit is at the heart of what it means to be a charity. Two key principles define this area:
1. There must be identifiable benefits.
2. The benefits must be to the public.
The Trustees must carry out the following:
1. Review the activities undertaken for the public benefit.
2. State whether they have complied with this duty.
The Temple is in an inner-City Borough, London Borough of Lewisham that the Government has identified as containing areas of deprivation. The whole community is welcome to use the Trust's facilities. Temple complex is warm and comfortable, and we recognise that some visitors may not have any financial resources to make donations.
The starting point for a prayer donation ticket continues to be £1. Thus, the aim is to make the Temple available to all persons of limited financial means.
The Trustees have reviewed the activities undertaken for the public benefit as noted above. Moreover, the Trustees confirm their compliance with this duty and that The Charity Commission's guidance on public benefit has been followed.
## **Grantmaking**
The Trust made donations to Hindu and other organisations of £12,104 (2020 £10,571) as follows:
Sivan Illam University students, Chetipalayam, Batticaloa, Sri Lanka £1,900 (2020 £6,000) Olirum Valuce, Thunukai, Mullaitlium £1,500 (2020 £Nil)
Education Development Society, Muthur, Tricomallee £3,000 (2020 £1,750) Federation of Saiva Hindu Temples in UK £204 (2020 £1,250) Lewisham Football Club £Nil (2020 £Nil) Covid Relief, NHS Hospital Lewisham, London £Nil (2020 £1,571)
The Trust transferred £5,500 to The London Sivan Trust Orphanage in Sri Lanka (2020 £5,000)
Page 1
## **LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **Volunteers**
The Trustees would like to thank the all volunteers that help with the following: Stewardship of large numbers of people on special days. Crowd control and management of health and safety aspects. Serving food to devotees on special days. Regular assistance with administration. Cleaning and washing within the Temple and grounds.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The main achievements and benefits to devotees, visitors and the local community include the following: The Temple was open every day of the year except during the full shut-down period.
Considerable numbers of functions were held including weddings, cultural music and dance events, funerals and family prayer ceremonies were held in the past. However, the activities were very much scaled down during the year 2021. The Temple has welcomed persons of other faith with warmth and friendship. The aim is for harmony in our local community.
Trustees warmly welcome local schools children visit to the temple to understand Saiva (Hindu) religion and way of worship at the temple. It also promotes interfaith relationship of various communities in the Borough.
Our Temple is situated in an inner-city borough identified by the government as containing areas for improvement. All persons are made welcome and may have refreshments. We recognise that some persons may not have financial resources to make donations.
The Trustees set objectives of having good attendance, running a good number of functions, keeping the school busy with good teaching, welcoming people of other faith to the Temple and helping those in the community with limited financial resources to use the Temple facilities. The Trustees feel that the achievements have met the objectives set despite the Covid-19 difficulties and restrictions.
The Trust own the freehold of the London Sivan Centre building at 12A Lee High Road which houses a cultural and wedding hall and a number of classrooms. These facilities are used by local communities at subsidised rates. The Trust also own a flat at 4C Clarendon Rise and a small land adjacent to the 4A Clarendon Rise.
## **Fundraising activities**
The medium-term plan includes the purchase of the Templepremises of 4A Clarendon Rise. The Trustees plan to commence fundraising at the appropriate time. The Trustees have successfully raised funds in the past to build the Sivan Centre cultural Hall and the new Temple.
Page 2
## **LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FINANCIAL REVIEW**
## **Financial position**
Cash at bank and in hand increased to £543,979 at 31st December 2021 compared to £416,411 the year earlier. The trustees consider the level of cash in the bank and in hand to be sufficient to cover day to day requirements. The cash in the bank committed for the Temple premises is explained below in the reserves policy.
Bank loans were £134,780 at 31st December 2021 compared to £143,288 a year earlier. Loans from trustees were £11,000 at 31st December 2021 compared to £11,000 a year earlier.
The statement of financial activities shows a £174,154 surplus of income over expenditure for the year ended 31st December 2021 compared to a deficit of £56,461 the year earlier. This surplus includes the decorative items brought into the account
Debtors include £26356 (accumulated since 2011) due from devotees for services performed in the Temple (2020 £40,650, accumulated since 2011). A deposit is received with the balance due within a reasonable time after the service is held. The Treasurer, Trustees, Temple Staff and Priests are working hard as a team to collect the balances and reduce the amount of debtors.
## **Principal funding sources**
Approximately two thirds of income are from donations with one third of income from charitable activities.
Page 3
## **LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FINANCIAL REVIEW Reserves policy**
The Trustees have reviewed reserves as follows: The amounts are rounded for clarity.
The average amounts of monthly income have exceeded monthly expenditure with the surplus being used to repay bank loans and build up an amount that is committed for the Temple building. A £70,000 reserve in the bank current account and within debtor balances should cover points when the day-to-day timing of expenditure is ahead of income to prevent the account going overdrawn. One month’s average expenditure is £70,000 with one month’s loan repayment of £1,000. This gives the £71,000 reserves amount.
The amount committed in case emergency repairs and maintenance are needed to our Temple premises is £9,000.
The Trustees hold regular reviews of this long-term plan.
The policy on holding reserves includes the following:
|Total funds
Tangible fixed assets not available for general purposes
Less related loans repayable within one year
Less related loans repayable after one year
Committed if emergency repairs are needed to the premises
Committed bank balance for Temple building
Committed for the repayment of trustee loans
Actual reserves
Reserves policy amount|Exclude from
reserves £
1,763,159
-7,172
-127,609
9,000
450,000
11,000
2,098,378|Reserves £
2,170,049
(2,098,378)
71,671
70,000|
|---|---|---|
## **FUTURE PLANS**
Trustees will need to make future decisions on capital expenditure to secure the freehold on the Temple premises and any further construction activity required. During previous years Trustees have financed capital expenditure with amounts committed, bank loans, loans from Trustees and fundraising.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
The constitution document is dated 19th September 1993 with the declaration of the trust made on 27th February 1995. Fourteen trustees were named in the document with the minimum number of trustees being fourteen and the maximum thirty-two. The constitution was updated by incorporating a confidential election process for office bearer’s selection and ratified on 24th July 2000.
Page 4
**LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Charity constitution**
The trustees shall establish and maintain a Sivan Temple in South East London according to the traditions of Saiva Temples prevailing in Sri Lanka and Tamil Nadu India.
The trustees shall hold the trust fund and its income for the advancement of the Saiva (Hindu) religion and for other charitable purposes for the benefit of the community as the trustees may determine.
## **Organisational structure**
The day to day management is carried out by trustees and not delegated to employees. A well organised office is maintained with administrative staff employed by the Trust.
The trustees have elected a chairperson, secretary and treasurer. In addition, an internal auditor is appointed.
A building and finance sub- committee is responsible for providing guidance for capital expenditure and related financing.
A community service sub-committee is responsible for providing services and support to the local community.
A cultural activity sub-committee is responsible for day to day running of the Temple’s Saturday Tamil School that is operated on the Trusts premises.
All three sub- committees' progress are coordinated by the Trust's secretary and reported to the main board of trustee’s meetings.
## **Decision making**
Trustees share the responsibility of attending the Temple office 365 days each year to oversee all decisions and transactions. Some decisions relating to small value purchases are delegated to Temple staff.
The president has overall responsibility for the affairs of the Trust and presides over the annual, ordinary and any emergency meetings.
The secretary attends to day to day administration of the Trust and is responsible for the execution of the resolutions passed in the Board of Trustees meetings. The secretary is also responsible for liaising with the sub-committees and coordinate progress to collect reports for the Board of Trustees.
The treasurer is responsible for maintaining all accounts pertaining to the affairs of the Trust. The secretary arranges for accounts to be approved by the committee
Decisions are made by secret ballot using a simple majority of votes. The chairperson at the meeting has the casting vote irrespective if the chairperson’s vote was already cast.
## **Induction and training of new trustees**
New trustees are given the Charity Commission publication "The Essential Trustee: what you need to know, what you need to do." New trustees are expected to read the publication. In addition, new trustees spend time with the president, secretary and treasurer to gain an overview of each office holders’ responsibilities.
Page 5
## **LONDON SIVAN KOVIL TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Key management remuneration**
The trust does not have key management staff. Trustees aim to ensure that administrators and religious workers are paid a reasonable salary.
## **Wider network**
The Trust is a member of the Federation of Saiva (Hindu) Temples of the United Kingdom. This membership does not impact the operating policies of the Trust.
## **Related parties**
The Trust support an orphanage in Sri Lanka with seventeen resident girls who attend school and reside in the building. A dedicated team of helpers and staff are resident in the building.
## **Risk management**
The trustees have identified a number of risks that the trust is exposed to and take action to protect the trust against adverse consequences.
To protect against food safety risks, kitchen staff have attended food hygiene training. In addition, advice has been received and acted upon from the Local Authority Environmental Health Department.
To protect against fire safety risks, advice has been received and acted upon from the London Fire Brigade.
To protect against misappropriation of income and unauthorised expenditure, trustees monitor transactions to ensure segregation of duties and cross referencing of transactions.
To protect against risks present in capital expenditure projects relating to the buildings and lease, trustees possess skills in engineering, construction and business management.
To protect against the risks of harm and abuse to the seventeen girls in the orphanage in Sri Lanka, trustees visit the orphanage few times every year at a regular intervals. A report detailing the visit is prepared for the main board of trustees meeting. Responsible persons from the medical profession in Sri Lanka are given the task to oversee the orphanage. Trustee visits to the orphanage take many hours with follow up visits the same day and on other days during the trustee’s duration in Sri Lanka. Thus, the staff and all connected with the orphanage clearly see that the trustees have taken the girls wellbeing extremely seriously.
Page 6
**LONDON SIVAN KOVIL TRUST**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
**Registered Charity number** 1051516
**Principal address** 4A Clarendon Rise Lewisham London SE13 5ES
**REFERENCE AND ADMINISTRATIVE DETAILS Trustees** Dr (Mrs) V M Karunakaran Chairperson Dr S Rajasundaram Secretary Mrs V Gengatharan Treasurer Dr T Sriskandarajah Mr G Manoharan Dr S Navaratnam Mr S Parameswaran Mr S Pararajasingam Mr T Ratheskumar Mr A Raveendran Mr N Sivasubramanium Dr S Sivathasan Dr S Somasegaram Mrs R Sritharan Mr S Sukumar Mr S Suthaharan Mr S Yogarajah
## **Independent examiner**
Vanniasingam Sashicumarr ACMA, CGMA AA-Accounting and Business Solutions Associates 267 Haydons Road Wimbledon London SW19 8TY
Approved by order of the board of trustees on 28 October 2022 and signed on its behalf by:
Dr T Sriskandarajah - Trustee
Page 7
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON SIVAN KOVIL TRUST**
## **Independent examiner's report to the trustees of LONDON SIVAN KOVIL TRUST**
I report on the accounts of the LONDON SIVAN KOVIL TRUST (the Trust) for the year ended 31 December 2021.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Chartered Institute of Management Accountants.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
- Examine the accounts under section 145 of the 2011 Act:
- Follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act:
- State whether particular matter have come to my attention
## **Basis of independent examiners statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations, from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below
Vanniasingam Sashicumarr ACMA, CGMA AA-Accounting and Business Solutions Associates 267 Haydons Road Wimbledon London SW19 8TY
21 October 2022
Page 8
## **LONDON SIVAN KOVIL TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
4
Temple Activities (Unrestricted)
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
5
Temple Activities (Unrestricted)
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
419,824
191,546
943
612,313
438,059
438,059
174,254
1,435,026
1,609,280|Restricted
fund
£
-
-
-
-
-
-
-
560,769
560,769|2021
Total funds
£
419,824
191,546
943
612,313
438,059
438,059
174,254
1,995,795
2,170,049|2020
Total funds
£
204,929
116,530
610
322,069
378,530
378,530
(56,461)
2,052,256
1,995,795|
|---|---|---|---|---|
The notes form part of these financial statements
Page 9
## **LONDON SIVAN KOVIL TRUST**
## **BALANCE SHEET**
## **AT 31 DECEMBER 2021**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
10
1,202,390
**CURRENT ASSETS**
Stocks
11
1,950
Debtors
12
43,508
Cash at bank and in hand
543,978
589,436
**CREDITORS**
Amounts falling due within one year
13
54,937
**NET CURRENT ASSETS**
534,499
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
1,736,889
**CREDITORS**
Amounts falling due after more than one year
14
(127,609)
**NET ASSETS**
1,609,280
**FUNDS**
17
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
fund
£
560,769
-
-
-
-
-
-
560,769
-
560,769|2021
Total funds
£
1,763,159
1,950
43,508
543,978
589,436
54,937
534,499
2,297,658
(127,609)
2,170,049
1,609,280
560,769
2,170,049|2020
Total funds
£
1,669,884
1,800
63,988
416,411
482,199
(21,412)
460,787
2,130,671
(134,876)
1,995,795
1,435,026
560,769
1,995,795|
|---|---|---|---|
The financial statements were approved by the Board of Trustees on 18 October 2022 and were signed on its behalf by:
Dr (Mrs) V M Karunakaran -Trustee
Dr S Rajasundaram -Trustee
Mrs V Gengatharan – Trustee
The notes form part of these financial statements
continued...
Page 10
## **LONDON SIVAN KOVIL TRUST**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021**
|Notes
**Cash flows from operating activities:**
Cash generated from operations
1
Interest paid
**Net cash provided by (used in) operating**
**activities**
**Cash flows from investing activities:**
Interest received
Addition of fixed assets
**Net cash provided by (used in) investing**
**activities**
**Cash flows from financing activities:**
Loan repayments in year
**Net cash provided by (used in) financing**
**activities**
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning of**
**the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|2021
£
303,087
(4,454)
298,633
943
(163,500)
(162,557)
(8,508)
(8,508)
127,568
416,411
543,979|2020
£
(103,625)
(4,964)
(108,589)
610
13,211
13,821
(8,546)
(8,546)
(103,314)
519,725
416,411|
|---|---|---|
The notes form part of these financial statements
Page 11
**LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net income for the reporting period (as per the statement of financial**
**activities)**
**Adjustments for:**
Increase in stock
Decrease/(increase) in debtors
(Decrease)/increase in creditors
Loan payment
Interest received
Interest paid
Depreciation charges
**Net cash provided by (used in) operating activities**|2021
£
174,254
(150)
20,480
26,258
8,508
(943)
4,454
70,225
303,087|2020
£
(56,461)
(800)
9,541
(130,259)
-
(610)
4,964
70,000
(103,625)|
|---|---|---|
Page 12
**LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **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 2015)', 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.
## **Allocation and apportionment of costs**
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
|Freehold property|-cost less residual value is depreciated over the useful life|
|---|---|
|Long leasehold|- over the lease term|
|Fixtures and fittings|- at varying rates on cost|
Depreciation is not charged on the land element of freehold buildings.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **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.
Page 13
**LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
## **2. DONATIONS AND LEGACIES**
|Gift aid
Abesegam
Archanai
Undiyal
Public Donations
Trustee Donations
Orphanage in Sri Lanka Public Donations
Orphanage in Sri Lanka Trustee Donations
Coronavirus Job Retention Scheme
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
**Activity**
Parasardum
Temple Activities (Unrestricted)
Weddings
Temple Activities (Unrestricted)
Cleaning Charges
Temple Activities (Unrestricted)
Groceries
Temple Activities (Unrestricted)
Abiseka Items
Temple Activities (Unrestricted)
Outside Service
Temple Activities (Unrestricted)
Rent Sivan Centre and Navalar
Temple Activities (Unrestricted)
Rental Income
Temple Activities (Unrestricted)
Malai
Temple Activities (Unrestricted)
Calendar/ Book Sale
Temple Activities (Unrestricted)
Bank Royality
Temple Activities (Unrestricted)
Siva Kurukal
Temple Activities (Unrestricted)
Karathay
Temple Activities (Unrestricted)
Melam
Temple Activities (Unrestricted)
Main Hall
Temple Activities (Unrestricted)
Saree
Temple Activities (Unrestricted)
Rent Income from employees
Temple Activities (Unrestricted)
School Fundraising
Temple Activities (Unrestricted)
Miscellaneous Income
Temple Activities (Unrestricted)|2021
£
13,797
54,182
98,712
34,907
187,204
11,975
5,067
900
13,080
419,824
2021
£
943
2021
£
15,693
600
-
14,328
11,780
30,980
14,995
11,400
7,976
682
-
36,100
-
-
-
2,780
43,450
-
782
191,546|2020
£
12,714
28,755
87,854
28,795
27,134
13,620
4,917
1,140
-|2020
£
12,714
28,755
87,854
28,795
27,134
13,620
4,917
1,140
-|
|---|---|---|---|
|||204,929||
||||2020
£
610|
||||2020
£
17,718
4,400
75
11,455
8,716
13,195
2,595
11,150
6,933
1,464
833
18,950
460
-
-
448
17,542
596
-|
|||116,530||
Page 14
**LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
## **5. CHARITABLE ACTIVITIES COSTS**
## **6.**
|Direct costs
Support costs
(See note 6)
£
£
Temple Activities (Unrestricted)
398,143
39,916
**SUPPORT COSTS**
Management
Finance
Governance
costs
£
£
£
Temple Activities (Unrestricted)
4,860
4,001
31,055||Totals
£
438,059|
|---|---|---|
|||Totals
£
39,916|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021, nor for the year ended 31 December 2020.
## **8. STAFF COSTS**
The salaries of priests and temple staff were £150,639 for the year ended 31[st] December 2021 and £97,032 for the year ended 31[st] December 2020.
Government grant (Job retention scheme) of £13,081 is received during the year.
The average monthly number of employees during the year was as follows:
|Priests
Administrators
Kitchen|2021
6
1
1
8|2020
8
1
1|
|---|---|---|
|||10|
No employees received emoluments in excess of £60,000.
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
419,824
**Charitable activities**
Temple Activities (Unrestricted)
191,546
**Total**
611,370|Restricted
fund
£
-
-
-|Total funds
£
410,273
201,097|
|---|---|---|
|||611,370|
Page 15
## **LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
|**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES – continued**
Unrestricted
funds
Restricted
fund
£
£
**EXPENDITURE ON**
**Charitable activities**
Temple Activities (Unrestricted)
438,059
-
-
**Total**
438,059
-
**NET INCOME/(LOSS)**
173,311
-
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
1,435,026
560,769
**TOTAL FUNDS CARRIED FORWARD**
1,609,280
560,769
**10.**
**TANGIBLE FIXED ASSETS**
Freehold
property
Long
leasehold
Fixtures and
fittings
£
£
£
**COST**
At 1 January 2021
912,007
1,567,776
58,967
Additions
-
-
163,500
At 31 December 2021
912,007
1,567,776
222,467
**DEPRECIATION**
At 1 January 2021
59,000
758,066
51,800
Charge for year
2,500
67,500
225
At 31 December 2021
61,500
825,666
52,025
**NET BOOK VALUE**
At 31 December 2020
853,007
809,710
7,167
At 31 December 2021
850,507
742,210
170,442|Total funds
£
438,059|
|---|---|
||438,059|
||173,311
1,9958,795|
||2,170,049|
||Totals
£
2,538,750
163,500
2,702,250|
||868,866
70,000|
||939,091|
||1,669,884|
||1,763,159|
Page 16
## **LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS – CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
|**11.**
**STOCKS**
Stocks
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayment and Cash in transit
Debtors||2021
£
1,950
2021
£
15,338
28,170
43,508|2020
£
1,800
2020
£
23,338
40,650
63,988|2020
£
1,800
2020
£
23,338
40,650
63,988|
|---|---|---|---|---|
||||||
Page 17
## **LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
## **13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Bank loans and overdrafts (see note 15)
Trustee loans
Other creditors
**14.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 15)
Trustee loans
**15.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 year by instalments
**16.**
**SECURED DEBTS**
The following secured debts are included within creditors:
Bank loans
Bank loans are secured on freehold property.|Bank loans and overdrafts (see note 15)
Trustee loans
Other creditors
**14.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Bank loans (see note 15)
Trustee loans
**15.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Other loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 year by instalments
**16.**
**SECURED DEBTS**
The following secured debts are included within creditors:
Bank loans
Bank loans are secured on freehold property.|2021
£
7,172
11,000
36,765
54,937
2021
£
134,781
-
134,781
2021
£
7,172
7,000
21,000
-
21,000
99,609
2021
£
134,781||2020
£
8,412
11,000
2,000|
|---|---|---|---|---|
|||||21,412|
|||||2020
£
134,876
-|
|||||134,876|
|||||2020
£
8,412|
|||||8,000|
|||||24,000
-|
|||||24,000|
|||||102,876|
|||||2020
£
143,288|
||||||
Page 18
## **LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
## **17. MOVEMENT IN FUNDS**
|||Net movement||
|---|---|---|---|
||At 1.1.21|in funds|At 31.12.21|
||£|£|£|
|**Unrestricted funds**||||
|Temple Activities (Unrestricted)|1,435,026|174,254|1,609,280|
|**Restricted funds**||||
|Sivan Centre Activities (Restricted)|560,769|-|560,769|
|**TOTAL FUNDS**|1,995,795|174,254|2,170,049|
|Net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement in|
||resources|expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|Temple Activities (Unrestricted)|612,313|438,059|174,254|
|**TOTAL FUNDS**|612,313|438,059|174,254|
|**Comparatives for movement in funds**||||
|||Net movement||
||At 1.1.20|in funds|At 31.12.20|
||£|£|£|
|**Unrestricted 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|(56,461)|1,995,795|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement in|
||resources|expended|funds|
||£|£|**£**|
|**Unrestricted funds**||||
|Temple Activities (Unrestricted)|322,069|378,530|(56,461)|
|**TOTAL FUNDS**|322,069|378,530|(56,461)|
Page 19
## **LONDON SIVAN KOVIL TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021**
## **18. RELATED PARTY DISCLOSURES**
Trustees made interest free loans of £11,000 (2020 £11,000) as follows:
Dr S Somasegaram £1,000 (2020 £1,000) Mr S Parameshwaran £5,000 (2020 £5,000) Mr S Yogarajah £5,000 (2020 £5,000)
Trustees made the following donations of £12,875 (2020 £14,760) as follows:
Dr T Sriskandarajah £2,530 (2020 £5,430) Dr S Sivathasan £2,150 (2020 £490) Mrs PV Gengatharan £725 (2020 £700) Dr (Mrs) V M Karunakaran £720 (2020 £720) Dr S Navaratnam £250 (2020 £300) Dr S Rajasundaram £3,610 (2020 £4,210) Mr N Sivasubraniam £360 (2020 £360) Dr S Somasegaram £1340 (2020 £490) Mr S Yogarajah £120 (2020 £220) Mr S Sukumar £670 (£2020 £1,170) Mr S Parameshwaran £400 (2020 £450) Mrs R Sritharan £Nil (2020 £100)
The Trust own the freehold land and buildings of the Orphanage in Sri Lanka. A local committee in Sri Lanka operate the orphanage and its bank account. At 31st December 2021 the bank balance was approximately £355 (2020 Approximately £150).
Page 20
## **LONDON SIVAN KOVIL TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift aid
Abesegam
Archanai
Undiyal
Public Donations
Trustee Donations
Orphanage in Sri Lanka Public Donations
Orphanage in Sri Lanka Trustee Donations
Coronavirus Job Retention Scheme
**Investment income**
Deposit account interest
**Charitable activities**
Parasardum
Weddings
Cleaning Charges
Archanai Items
Abiseka Items
Outside Service
Rent Sivan Centre and Navalar
Rental Income
Malai
Calendar/Book Sale
Bank Royalty
Siva Kurukal
Karathay
Melam
Saree
Rental Income from Employee
School Fundraising
Miscellaneous Income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Flowers
Salaries of Priests & Admin
Rent
Carried forward|2021
£
13,797
54,182
98,712
34,907
187,204
11,975
5,067
900
13,080
419,824
943
15,693
600
-
14,328
11,780
30,980
14,995
11,400
7,976
682
-
36,100
-
-
2,780
43,450
-
782
191,546
612,313
10,146
150,639
44,000
204,785|2020
£
12,714
28,755
87,854
28,795
27,134
13,620
4,917
1,140
-|
|---|---|---|
|||204,929
610
17,718
4,400
75
11,455
8,716
13,195
2,595
11,150
6,933
1,464
833
18,950
460
-
448
17,542
596
-|
|||116,530|
|||322,069
10,606
97,032
44,000
151,638|
This page does not form part of the statutory financial statements Page 21
## **LONDON SIVAN KOVIL TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**Charitable activities**
Brought forward
Prasatham / Cooking
Refuse collection
Insurance
Light and Heat
Water
Melam
Repairs
Abiseka Items
Archanai Items
Donation to Hindu Organisations
Depreciation
Cleaning
Transfers to Sri Lanka Orphanage
Fruits
Teaching payments
**Other**
Temple Books
Bank interest
Gift
Advertising
Security costs
Sundry expenses
**Support costs**
**Management**
Telephone
Postage and stationery
IT Support
Transport
**Finance**
Bank charges
**Governance costs**
Independent Examination fees
Accountancy fees
Legal fees
**Total resources expended**
**Net income/(Loss)**|2021
£
204,785
10,841
3,168
10,094
14,460
4,689
7,495
13,480
10,559
12,305
6,604
70,225
11,718
5,500
1,842
-
387,765
1,995
4,454
-
-
-
3,797
132
10,378
782
1,553
1,250
1,275
4,860
4,001
2,000
4,250
24,805
31,055
438,059
174.254|2020
£
151,638
16,699
2,321
10,417
25,178
5,192
300
18,931
8,149
7,795
10,571
70,000
13,082
5,000
6,508
185
351,966
3,241
4,964
-
-
-
3,210
1,063
12,478
440
676
-
210
1,326
3,036
2,000
5,078
2,646
9,724
378,530
(56,461)|
|---|---|---|
This page does not form part of the statutory financial statements Page 22
INDEPENDENT EXAMIPQER'S REPORT TO THE TRL.STEES OF
LONDOli SIV.4N KOVIL TRusr
IndepeDdeTht examintr's report to the trustees of ILPNDON SIVAN KOI'IL TRUST
I report on the accounts of the LONtKIN SIV AN KOK'IL TRUST (the Tyusil for the ¢nded 31 December ?0? l.
Rtspecliye r¢sponsibiliti¢s of trustee5 ¢¥•miM¢r
-thc trustees are respoiisibje for the prepardtion of the accowits. Tr tte¢S ¢unsider Ihai an audit TS iiot r¢quired lor
Iliis yt&r under sectKJn 1441?) of the Chariiies act ?01 I Iihe 2011 Acij and that an indetLy>dent examination is needed.
'Ilie eharÈty'5 gr05s income exceeded 50.0(KI and l am qU¥fIed to undenake the exarninaiion b), being a qualified
)emkr of Chanered Insiiiuie of Nfanagement Accountants.
14&viJig satisfied myself thai the Lhartty is noi subjec( io an alklii under company law and i5 eligable for independent
examinalitsn. Lt is mv responsibility EO-.
Examille the a¢counis under seciion 145 of the ?01 l A¢1=
Follow Ihe procedures laid dolffi in the gettral Direcrions given by the Charl, CoTnmission under section
145{iXb) of the ?01 l Ath..
Stale whether particular matter h8Ye coH]¢ io my attentFon
Basts of independeol ¢x•mitt*rs stalement
Nly examinatioft Wds ¢afFi¢d out iD accordance with general Direciions given by ih¢ Lharity Commission. An
examination tncludes a reyiew of the accounting reetsrds kepi bs, Éhe chariry and a comparison of the accounts presen*d
'ILh those records. It a150 includeg consid¢raiyon of any ullusual iiems or disclosure5 in th¢ account5. and seeking
Lxplanaiions. from You as trusitrs ¢onceming any such rnalter5. The prnttdles undertaken do noi prts¥'ide all Ihe
eYiden¢e ihal would be required in an audiL and con5¢quelltly no opinion is bvi¥¢n a5 10 whether rhe accounts prescnt a
'Iru¢ and fair view" and the report is lirnited io th¢)se matter5 sei in ihe statem¢nt 10
Vanniasinrtam SashicumwT ACMA. CGMA
AA-Aceounting and Business SoluLLon5 ASla[e$
?67
rfaydon% Road
Wimblcdon
London
SW19 8TY
21 October ?(ll2
Pa8¢ 8