2022-03-31-accounts

		Pages
Trustees' Annual Report		1
Independent Examiner's	fteport	2
Statement of Financial Activities
Balance Sheet
Statement ofCash flows
Notes tothe Accounts		tf
Detailed Statement of Financial Activities		7to17

Statement o forthe year	fFinandial Activities ended 31 March 2022
		Unrestricted
		funds	Total funds	Total funds
		2022	2022	2021
			2	8
Income and	endowments
from:
Donations	and legacies	117,072	117,072	83,521
Charitable	activities	18,477	18,477	6,805
Qther trading activities		15,721	15,721	19,621
Other		535	535	65,921
Total		151,805	151,805	175,868
Expenditure	on:
Charitable	activities	26,238	28,238	16,726
Qther		109,458	109,458	102,297
Total		135,696	135,696	119,023
Net gains on	investments
Net income		16,109	16,109	56,845
Transfers between funds
Net income	before other	16,109	16,109	56,845
gains/(losses)
Other gains	and losses
Net movement ln funds		16,109	16,109	56,845
Reconciliation offunds:
Total funds brought forward		764,603	764,603	707,758
Total funds carried forward		780,712	780,712	764,603

Sree Ayyappe Seva Balance Sheet	S	angem
at 31 Iillarch 2022
Charity No. 1059478				2022 8	2021 2
Fixed assets
Tangible assets			11	64,343	65,264
Investments			12	1,194,700	1,154,250
				1,259,043	1,219,514
Current assets
Cash at bank and		in hand		44,304	113,381
				44,304	113,381
Creditors: Amount	falling duo within one year		13	(14,823)	(7,430)
Net cunent assets				29,481	105,951
Total assets less current liabilities				1,288,524	1,325,465
Creditors: Amounts		falling due after more than one year	14	(507,812)	(560,862)
Net assets excluding		pension asset or liability		780,712	764,603
Total net assets				730,712	764,603
The funds ofthe charity
Restricted funds			15
Unrestricted funds			15
General funds				733,857	717,748
				733,857	717,748
Reserves			15
Revaluation reserve				46,855	46,855
				46,855	46,855
Total funds				730,712	764.603

Charities Act 2011,
Change in basis of	accounting orta previous accounts
There has been no	change tothe accounting policies (valuation rules and method of accounting)					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				of		the
	general objects ofthe charity.
Designated funds	These are unrest ricted funds earmarked by the trustees	for particular purposes.
Revaluation funds	These are unrestricted funds which include a revaluation		reserve representing				the
	restatement of investment assets at their market values.
Restricted funds	These are available for use subject to restrictions imposed		by the donor	or		through
	terms of an 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 SoFAat the same time asthe
donations and gifts	gift/donation to which it relates.
Donafed 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/gosses) 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	Statement	ofFinancial	Activities - prior year
					Unrestricted
					funds	Total funds
					2021	2021
Income and endowments			from;
	Donations	and legacies			83,521	83,521
	Charitable	activities			6,805	6,805
	Other trading activities				19,621	19,621
	Other				65,921	65,921
Total					175,868	175,868
Expenditure on:
	Charitable	activities			16,726	16,726
	Other				102,297	t02,297
Total					119,023	119,023
Net income					56,845	56,845
Net income before other					56,845	56,845
gains/(losses)
Other gains and losses:
Net movement		in funds			56,845	56,845
Iteconcfllatlon		offunds:
Total funds brought forward					707,758	707,758
Total funds carried forward					184,803	764,6M
3	Income from donations		and legacies
				Unrestrtcted	Total	Total
					2022	202'I
					E
	Donations			117,072	117,072	83,521
				117,072	117,072	83,521
4	Income from charitable		activities
				Unrestricted	Total	Total
					2022	2021
				E		R
	Pooja Ticket Sales			18,477	18,477	6,805
				iiiirr	iS,4ii	ii.eA0i

5	Income from	other tra	ding activities
				Unrestricted	Total	Total
					2022	2021
	Hall Hire			4,200	4,200	50
	Sundry Sales Income			204	204	1,894
	Monthly Subscription			11,317	11,317	17,6TT
				15721	15721	19521
6	Other income
				Unrestricted	Total	Total
					2022	2021
	Gift Aid					47,463
	Government	Grant		535	535	18,458
				535	535	65,921
7	Expenditure	on charitable activities
				Unrestricted	Total	Total
					2022	2021
					2	R
	Expenditure	on charitable
	activities
	Pooja Ticket	Sales		19,238	19,238	10,726
	Charitable Payments			7,000	T,000	6,000
	Governance	costs
				26,238	26,238	16,726
8	Other expenditure
				Unrestricted	Total	Total
					2022	2021
					a
	Bank loan and overdraft
	interest payabie			9,019	9.019	9,030
	Employee costs			78,826	T8,826	69,026
	Motor and travel costs			84	84	41
	Premises costs			5,303	5,303	5,015
	Amortisation,	depreciation,
	impairment,	profit/loss	on	921	921	1,087
	disposai offixed assets
	General administrative		costs	11,815	11,815	11,296
	Legal and professional		costs	3,490	3,490	6,802
				109,458	109,458	102,297

Sree Ayyappa Seve Sengem	Sree Ayyappa Seve Sengem
Notes to the Accounts
9	Net income before transfers
			2022		2021
	This is stated after charging:		E
	Depreciation ofowned fixed assets		921		1,067
10	Staff costs
			2022		2021
	Salaries and wages		77,388		69,026
	Pension costs		i,438
			78,826		69,026
	No employee received emoluments	in excess of260,000.
11	Tangible fixed assets
			Plant and Machinery	Jewe gers	Total
				K	S
	Goat or revaluation
	At 1 April 2021		23,451	50,159	73,610
	At 31 March 2022		23,451	50,159	73,610
	Depreciation and
	impairment
	At 1 April 2021		6,181	165	8,346
	Depreciation charge for the		764	157	921
	year
	At 31 March 2022		8„945	322	9,267
	Net book values
	At 31 March 2022		14,506	49,837	64,343
	At 31 March 2021		15,270	49,994	65,264
12	Investments
				Freehohf
				Investment
				Property	Total
	Cost or revaluation				g
	At 1 April 2021			1,154,250	1,154,250
	Additions			40,450	40,450
	At 31 March 2022			1,194,700	1,194,700
	Net book values
	At 31 March 2022			1,194,700	1,194,700
	At 31 March 2021			1,154,250	1,154,250

13	Creditors:	Creditors:	Creditors:
	amounts falling due within one year
							2022		2021
							2
	Other taxes	and social security					3,603		1,600
	Other creditors						11,220		5,830
							16,823		7,680
14	Creditors:
	amounts falling due after more than one year
							2022		2021
							2		8
	Bank loans	and overdrafts					507,812		580,862
							507,812		560,862
15	itllovament	In funds
							Incoming
							resources		At31
							(including	Resources
							other	expended	2022
				At	1 April	gains/losses
					2021		)
							2
	Restricted funds:
	Unrestricted	funds:
	General funds			717,748			151,805	(135,696)	733,857
	Revaluation	Reserves:
	Revaluation	fund		46,855					46,855
	Total revaluation		reserves	46,855					46,855
	Total funds			756603		,	151,805	{735,696{	780,712

Analysis ofnet assets between funds
	Unrestricted	Restricted
	funds	funds	Total
	2	a	a
Fixed assets	17,488	46,855	64,343
Investments	1,194,700		1,194,700
Net current assets	29,481		29,481
Creditors due in more than one year and
provisions	(507,812)		(507,812)
	733,857	46,855	780,712

							At 31
					At 1 April		March
					2021	Cash flows	2022
					2	8	8
Cash arid cash equivalents					113,381	(69,077)	44,304
					113,381	(69,077)	44,304
Bank loans					(560,862)	53,050	(507,812)
					(560,862)	53,050	(507,812)
Net debt					(447,481)	(16,027)	(463,508)
Commitments
Operating	lease commitments
Annual commitments		under non-cancellable	operating	leases are as follows'.
				2022		2021	2021
			Land	and	Other	Land and	Other
			buildings			buildings
				8		8
Operating	leases with	expiry date:
Pension commlfments
					2022
					8
The pension cost charge to the charity
amounted	to:				1,438

		2022	2021
		2	2
Cash flows from operating	activities
Net income per Statement	of Plnancial Activiges	16,109	56,845
Adjustments for:
Depreciation of property, plant and equipment		921	1,087
Dividends, interest and	rents from investments	{535)	(65,921)
increase/(Decrease) in	trade and other payabies	7,393	(102)
Net cash provided by/(used in}operating activities		23,888	(8,091)
Gash 6ows from Investing	activities
Payments for investments		{40,450)
Dividends, interest and	rents from investments	535	65,921
Net cash {used in)/from Investing activities		(39,915)	64,874
Cash flows from financing	activities
Repayment of borrowings		(53,050}	2,321
Net cash (used in)/from financing activities		(53,050)	2,321
Nct (dscrease)/increase in	cash and cash equivalents	(69,077)	59,104
Cash and cash equivalents	at the beginning ofthe year	113,381	54,277
Cash and cash equivalents	at the end ofthe year	44,304	113,381
Components ofcash and cash equivalents
Cash and bank balances		44,304	113,381
		44,304	113,381

for the year ended 31	Nle	rch 2022
			Unrestricted
			funds	Totelfunds	Tctnlfunds
			2022	2022	2021
			2	9	9
Income nnd endowments		from:
Donations and legacies Donations			117,072	117,072	83,521
			117,072	117,072	63,521
Charitable activities Pooja Ticket Sales			18,477 18,477	18,477 18,477	6,805 6,805
Other trading activities Hall Hire Sundry Sales Income Monthly Subscription			4,200 204 11,317 15,721	4,200 204 11,317 15,721	50 1,894 17,677 19,621
Other
Gift Aid					47,463
Government Grant				535	18458
			535	535	65,921
Total income end endowments			151,805	151,805	175,868
Expenditure on:
Charitable activities
pooja Ticket Sales			19,238	19,238	10,726
Charitable Payments			7,000	7,000	6,000
			26,238	26,238	16,726
Total ofexpenditure activities	on charitable		26,238	26,238	16,726
Other expenditure
Bank loan and overdraft payable		interest	9,019	o,nto	9,030
			9,019	9,019	9,030
Employee costs
Salaries/wages			77,388	77,388	69,026
Pension costs			1,438	1,438
			78,826	78,826	69,026
Motor arid travel costs
Travel and subsistence			84	84	41
			84	84	41
Premises costs
Rates			635	635	665
Light, heat and power			4,279	4,279	3,030
Other premises costs			389	389	1,320

Detailed Statement of	Financial Activities
		5,303	5,303	5,015
General administrative	costs,
including depreciation	and
amortisation
Depreciation of Plant	and		764	922
Machinery Depreciation ot Jewellers		157	157	185
Bank charges Equipment expensed		2,421 3,343	2,421 3,343	1,591 3,060
Equipment repairs and		2,004	2,004	3,473
maintenance
General insurances		1,944	1,944	1,663
Postage and couriers		106	106	8
Software, ITsupport	and related	770	770	720
costs
Stattonety and printing Sundry expenses		277 509	277 509	82
Telephone, fax and broadband		441	441
		12,736	12,736	12,383
Legal and professional	costs
Accountancy and bookkeeping		2,300	2,300
Other legal and professional		1,190	1,190	6,802
costs
		3,490	3,490	6,802
Total ofexpenditure ofother costs		109,458	109,458	102,297
Total expenditure		135,696	135,696	119,023
Net gains on investments
Nat income		16,109	16,109	56,845
Nat income before other
gains/(losses)		16,109	16,109	58,845
Other Gains
Nat movement in funds		16,109	16,109	56,S45
Reconciliation of funds.
Total funds brought forward		764,603	764,603	707,75S
Total funds carried forward		780,712	780,712	764,603