2021-03-31-accounts

		Pages
Trustees' Annual Report
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Statement ofCash flows
Nates to the Accounts		15
Detailed Statement of Financial Activities		16to 17

Statement o for the year	fFinancial Activit ended 31March	ies 2021
			Unrestricte
			d funds	Total funds	Total funds
			2021	2021	2020
		Notes	E	E	E
Income and	endowments
from:
Donations	and legacies		83,521	83,521	146,119
Charitable	activities		6,805	6,805	29,125
Other trading activities			19,621	19,621	29,898
Other			65,921	65,921	4,136
Total			175,868	175,868	209,278
Expenditure	on:
Charitable	activities		16,726	16,726	52,268
Other			102,297	102,297	110,971
Total			119,023	119,023	163,239
Net gains on	investments
Net income			56,845	56,845	46,039
Transfers between funds
Net income before other
gains/(losses)			56,845	56,845	46,039
Other gains and losses
Net movement in funds			56,845	56,845	46,039
Reconciliation	offunds:
Total funds brought forward			707,758	707,758	661,719
Total funds carried forward			764,603	764,603	707,758

Sree Ayyappa Seva Sangam Balance Sheet at 31March 2021	Sree Ayyappa Seva Sangam Balance Sheet at 31March 2021	Sree Ayyappa Seva Sangam Balance Sheet at 31March 2021
Charity No. 1059478					2021 6	2020 f
Fixed assets
Tangible assets				11	65,264	65,304
Investments				12	1,154,250	1,154,250
					1,219,514	1,219,554
Current assets
Cash at bank and		in hand			113,381	54,277
					113,381	54,277
Creditors: Amount	falling due within		one year	13	(7,430)	(7,532)
Net current assets					105,951	46,745
Total assets less current liabilities					1,325,465	1,266,299
Creditors: Amounts		falling due after	more than one year	14	(560,862)	(558,541)
Net assets excluding		pension asset	or liability		764,603	707,758
Total net assets					764,603	707,758
The funds ofthe charity
Restricted funds				15
Unrestricted funds				15
General funds					717,748	660,903
					717,748	660,903
Reserves				15
Revaluation reserve					46,855	46,855
					46,855	46,855
Total funds					764,603	707,758

Charities Act 2011	.
Change in basis of	accounting orto previous accounts
There has been no	change to the accounting policies (valuation rules and method ofaccounting)						since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds	These are available for use at the discretion ofthe trustees			in furtherance			ofthe
	general objects ofthe charity.
Designated funds	These are unrestricted funds earmarked by the trustees	for particular			purposes.
Revaluation funds	These are unrestricted funds which include a revaluation		reserve representing					the
	restatement ofinvestment assets at their market values.
Restricted funds	These are available for use subject to restrictions imposed			by the donor		or	through
	terms ofan appeal.
Income
Recognition of	Income is included in the Statement of Financial Activities			(SoFA) when		the	charity
income	becomes entitled to, and virtually certain to receive, the	income and the amount of
	the income can be measured with sufficient reliability.
Income with related	Where income has related expenditure the income and	related expenditure					is
expenditure	reported gross in the SoFA.
Donations and	Voluntary income received by way ofgrants, donations and gifts is included						in	the
legacies	the SoFA when receivable and only when the Charity has		unconditional
	entitlement to the income.
Tax reclaims on	Income from tax reclaims is included in the SoFA at the same time as the
donations and gifts	gift/donation to which it relates.
Donated services	These are only included in income (with an equivalent amount in expenditure)
and facilities	where the benefit to the Charity is reasonably quantifiable,			measurable		and
	material.
Volunteer help	The value ofany volunteer help received is not included	in		the accounts.
Investment income	This is included in the accounts when receivable.
Gains/(losses) on	This includes any gain or loss resulting from revaluing investments to market value
revaluation offixed	at the end ofthe year.
assets
Gains/(losses) on	This includes any gain or loss on the sale of investments.
investment assets

2	Statemen	t	of Financial	Activities - prior year
						Unrestricted
						funds	Total funds
						2020	2020
Income and endowments				from:
	Donations		and legacies			146,119	146,119
	Charitable		activities			29,125	29,125
	Other trading activities					34,034	34,034
Total						209,278	209,278
Expenditure		on:
	Charitable		activities			52,268	52,268
	Other					110,971	110,971
Total						163,239	163,239
Net	income					46,039	46,039
Net income before other gains/(losses)						46,039	46,039
Other gains and losses:
Net	movement		in funds			46,039	46,039
Reconciliation			offunds:
Total funds brought forward						661,719	661,719
Total funds carried forward						707,758	707,758
3	Income from donations			and legacies
					Unrestricted	Total	Total
						2021	2020
	Donations				83,521	83,521	146,119
					83,521	83,521	146,119
4	Income from charitable			activities
					Unrestricted	Total	Total
						2021	2020
	Pooja Ticket Sales				6,805	6,805	29,125
					6,805	6,805	29,125

5	Income from other tr	ading	activities
				Unrestricted	Total	Total
					2021	2020
	Hall Hire			50	50	13,319
	Sundry Sales Income			1,894	1,894	1,858
	Monthly Subscription			17,677	17,677	14,721
				19,621	19,621	29,898
6	Other income
				Unrestricted	Total	Total
					2021	2020
	Gift Aid			47,463	47,463
	Government Grant			18,458	18,458	4,136
				65,921	65,921	4,136
7	Expenditure on charitable		activities
				Unrestricted	Total	Total
					2021	2020
	Expenditure on charitable
	activities
	Pooja Ticket Sales			10,726	10,726	43,768
	Charitable Payments			6,000	6,000	8,500
	Governance costs
				16,726	16,726	52,268
8	Other expenditure
				Unrestricted	Total	Total
					2021	2020
	Bank loan and overdraft
	interest payable			9,030	9,030	13,125
	Employee costs			69,026	69,026	60,552
	Motor and travel costs			41	41	98
	Premises costs			5,015	5,015	5,567
	Amortisation, depreciation,
	impairment, profit/loss	on		1,087	1,087	983
	disposal offixed assets
	General administrative	costs		11,296	11,296	23,064
	Legal and professional	costs		6,802	6,802	7,582
				102,297	102,297	110,971

9	Net income	before transfers
				2021		2020
	This is stated	after charging:		6		6
	Depreciation	ofowned fixed assets		1,087		983
10	Staff costs
	Salaries and	wages		69,026		60,552
				69,026		60,552
	No employee	received emoluments	in excess of660,000.
11	Tangible fixed assets
				Plant and
					&ewellers	Total
				Machinery
	Cost or revaluation
	At 1April 2020			27,327	46,855	74,182
	Additions				3,304	3,304
	Disposals			(3,876)		(3,876)
	At 31March	2021		23,451	50,159	73,610
	Depreciation	and
	impairment
	At 1April 2020			8,878		8,878
	Depreciation	charge for the		922	165	1,087
	year
	Disposals			(1,619)		(1,619)
	At31March	2021		8,181	165	8,346
	Net book values
	At 31March	2021		15,270	49,994	65,264
	At 31March	2020		18,449	46,855	65,304
12	Investments
					Freehold
					Investment
					Property	Total
					6	6
	Cost or revaluation
	At 1April 2020				1,154,250	1,154,250
	At31March	2021			1,154,250	1,154,250
	Net book values
	At 31March	2021			1,154,250	1,154,250
	At 31March	2020			1,154,250	1,154,250

13	Creditors:	Creditors:
	amounts falling		due within one year
					2021		2020
					6		6
	Other taxes	and	social security		1,600
	Other creditors				5,830		7,532
					7,430		7,532
14	Creditors:
	amounts falling due after more than one year
					2021		2020
					6		6
	8ank loans	and overdrafts			560,862		558,541
					560,862		558,541
15	Movement	in funds
					Incoming
					resources		At 31
				At 1April	(including other gains/losses	Resources expended	March 2021
				2020	)
					6
	Restricted funds:
	Unrestricted	funds:
	General funds			660,903	175,868	(119,023)	717,748
	Revaluation	Reserves:
	Revaluation	fund		46,855			46,855
	Total revaluation		reserves	46,855			46,855
	Total funds			707,758	175,868	(119,023)	764,603

Analysis ofnet assets between funds
	Unrestricted	Restricted
			Total
	funds	funds
	6		6
Fixed assets	18,409	46,855	65,264
Investments	1,154,250		1,154,250
Net current assets	105,951		105,951
Creditors due in more than one year and provisions	(560,862)		(560,862)
	717,748	46,855	764,603

Ayyappa Seva Sangam s tothe Accounts Reconciliation ofnet debt
			At31
	At 1April		March
	2020	Cash flows	2021
	6	6	f
Cash and cash equivalents	54,277	59,104	113,381
	54,277	59,104	113,381
Bank loans	(558,541)	(2,321)	(560,862)
	(558,541)	(2,321)	(560,862)
Net debt	(504,264)	56,783	(447,481)

			2021	2020
			f	6
Cash flows from operating	activities
Net income per Statement	of Financial Activities		56,845	46,039
Adjustments for:
Depreciation of property, plant and equipment			1,087	983
Dividends, interest and	rents from investments		(65,921)
Decrease in trade and other receivables				4,406
(Decrease)/increase in trade and other		payables	(102)	3,838
Net cash (used in)/provided	by operating	activities	(8,091)	55,266
Cash flows from investing	activities
Proceeds from sales of	property, plant and equipment		2,257
Payments for property,	plant and equipment		(3,304)	(46,855)
Dividends, interest and	rents from investments		65,921
Net cash from/(used in) investing activities			64,874	(46,855)
Cash flows from financing	activities
Repayment ofberrowings			2,321	(48,345)
Net cash from/(used in) financing activities			2,321	(48,345)
Net increase/(decrease) in	cash and cash equivalents		59,104	(39,934)
Cash and cash equivalents	at the beginning	ofthe year	54,277	47,356
Cash and cash equivalents	at the end ofthe year		113,381	7,422
Components ofcash and cash equivalents
Cash and bank balances			113,381	54,277
			113,381	54,277

			Unrestricted
			funds	Total funds	Total funds
			2021	2021	2020
			E	E	E
Income and endowments		from:
Donations and legacies
Donations			83,521	83,521	146,119
			83,521	83,521	146,119
Charitable activities
Pooja Ticket Sales			6,805	6,805	29,125
			6,805	6,805	29,125
Other trading activities
Hall Hire			50	50	13,319
Sundry Sales Income			1,894	1,894	1,858
Monthly Subscription			17,677	17,677	14,721
			19,621	19,621	29,898
Other
Gift Aid			47,463	47,463
Government Grant			18,458	18,458	4,136
			65,921	65,921	4,136
Total income and endowments			175,868	175,868	209,278
Expenditure on:
Charitable activities
Pooja Ticket Sales			10,726	10,726	43,768
Charitable Payments			6,000	6,000	8,500
			16,726	16,726	52,268
Total ofexpenditure activities	on charitable		16,726	16,726	52,268
Other expenditure
Bank loan and overdraft		interest
payable			9,030	9,030	13,125
			9,030	9,030	13,125
Employee costs
Salaries/wages			69,026	69,026	60,552
			69,026	69,026	60,552
Motor and travel costs
Travel and subsistence			41	41	98
			41	41	98
Premises costs
Rates			665	665	684
Light, heat and power			3,030	3,030	4,883
Other premises costs			1,320	1,320
			5,015	5,015	5,567

Sree Ayyappa Seva San Detailed Statement of	gam Financial Activities
General administrative	costs,
including depreciation	and
amortisation
Depreciation of Plant	and	922	922	983
Machinery
Depreciation ofJewellers		165	165
Bank charges		1,591	1,591	1,303
Equipment expensed		3,060	3,060
Equipment repairs and maintenance		3,473	3,473	3,472
General insurances		1,863	1,863	1,827
Information and publications				1,202
Postage and couriers
Software, ITsupport	and related	720	720	720
costs
Stationery and printing		82	82	64
Sundry expenses				14,025
Telephone, fax and broadband		499	499	451
		12,383	12,383	24,047
Legal and professional	costs
Other legal and professional costs		6,802	6,802	7,582
		6,802	6,802	7,582
Total ofexpenditure of	other costs	102,297	102,297	110,971
Total expenditure		119,023	119,023	163,239
Net gains on investments
Net income		56,845	56,845	46,039
Net income before other
gains/(losses)		56,845	56,845	46,039
Other Gains
Net movement in funds		56,845	56,845	46,039
Reconciliation offunds:
Total funds brought forward		707,758	707,758	661,719
Total funds carried forward		764,603	764,603	707,758