2023-03-31-accounts

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

Statement o for the year	f Financial Activit ended 31March	ies 2023
			Unrestricted
			funds	Total funds	Total funds
			2023	2023	2022
		Notes	E	E	E
Income and	endowments
from:
Donations	and legacies		107,785	107,785	117,072
Charitable	activities		48,743	48,743	18,477
Other trading activities			21,110	21,110	15,721
Other			14,845	14,845	535
Total			192,483	192,483	151,805
Expenditure	on:
Charitable	activities		30,215	30,215	26,238
Other			126,347	126,347	109,458
Total			156,562	156,562	135,696
Net gains on	investments
Net income			35,921	35,921	16,109
Transfers between funds
Net income	before other
gains/(losses)			35,921	35,921	16,109
Other gains	and losses
Net movement in funds			35,921	35,921	16,109
Reconciliation offunds:
Total funds brought forward			780,712	780,712	764,603
Total funds carried forward			816,633	816,633	780,712

Charity No. 10594	7	8		2023	2022
					f
Fixed assets
Tangible assets			11	95,547	64,343
Investments			12	1,194,700	1,194,700
				1,290,247	1,259,043
Current assets
Cash at bank and		in hand		31,833	44,304
				31,833	44,304
Creditors: Amount	falling due within one year		13	(14,089)	(14,823)
Net current assets				17,744	29,481
Total assets less current liabilities				1,307,991	1,288,524
Creditors: Amounts		falling due after more than one year	14	(463,445)	(507,812)
Net assets excluding		pension asset or liability		844,546	780,712
Total net assets				844,546	780,712
The funds ofthe charity
Restricted funds			15
Unrestricted funds			15
General funds				769,778	733,857
				769,778	733,857
Reserves			15
Revaluation reserve				46,855	46,855
Reserve				27,913
				74,768	46,855
Totalfunds				844,546	780,712

Expenditure
Recognition	of	Expenditure is recognised on an accruals	basis. Expenditure includes			any VAT	which
expenditure		cannot be fully recovered, and is reported	as part ofthe expenditure			to which	it
		relates.
Expenditure	on	These comprise the costs associated with	attracting	voluntary	income, fundraising
raising funds		trading costs and investment management	costs.
Expenditure	on	These comprise the costs incurred by the	Charity in the delivery of its			activities	and
charitable activities		services in the furtherance ofits objects, including		the making	ofgrants and
		governance costs.
Grants payable		All grant expenditure is accounted for on	an actual	paid basis	plus an	accrual for
		grants that have been approved by the trustees at		the end of	the year but not		yet
		pa icl.
Governance	costs	These include those costs associated with	meeting	the constitutional		and statutory
		requirements ofthe Charity, including any audit/independent			examination fees,
		costs linked to the strategic management	ofthe Charity, together with a share				of
		other administration costs.
Other expenditure		These are support costs not allocated to a particular		activity.

2	Statemen	t	of Financial	Activities - prior year
						Unrestricted
						funds	Total funds
						2022	2022
Income and endowments				from:
	Donations		and legacies			117,072	117,072
	Charitable		activities			18,477	18,477
	Other trading activities					15,721	15,721
	Other					535	535
Total						151,805	151,805
Expenditure		on:
	Charitable		activities			26,238	26,238
	Other					109,458	109,458
Total						135,696	135,696
Net income						16,109	16,109
Net income before other
gains/(losses)						16,109	16,109
Other gains and losses:
Net	movement		in funds			16,109	16,109
Reconciliation			offunds:
Total funds brought forward						764,603	764,603
Total funds carried forward						780,712	780,712
3	Income from donations			and legacies
					Unrestricted	Total	Total
						2023	2022
					E	f	E
	Donations				107,785	107,785	117,072
					107,785	107,785	117,072
4	Income from charitable			activities
					Unrestricted	Total	Total
						2023	2022
						E	E
	Pooja Ticket Sales				48,743	48,743	18,477
					48,743	48,743	18,477

5	Income from other trading	Income from other trading	activities
				Unrestricted	Total	Total
					2023	2022
	Hall Hire			5,800	5,800	4,200
	Sundry Sales Income			4,937	4,937	204
	Monthly Subscription			10,373	10,373	11,317
				21,110	21,110	15,721
6	Other income
				Unrestricted	Total	Total
					2023	2022
					E	E
	Government Grant			14,845	14,845	535
				14,845	14,845	535
7	Expenditure on charitable		activities
				Unrestricted	Total	Total
					2023	2022
	Expenditure on charitable
	activities
	Pooja Ticket Sales			30,215	30,215	19,238
	Charitable Payments					7,000
	Governance costs
				30,215	30,215	26,238
8	Other expenditure
				Unrestricted	Total	Total
					2023	2022
	Bank loan and overdraft interest payable			17,103	17,103	9,019
	Employee costs			73,782	73,782	78,826
	Motor and travel costs			113	113	84
	Premises costs			15,534	15,534	5,303
	Amortisation, depreciation,
	impairment, profit/loss	on		874	874	921
	disposal offixed assets
	General administrative	costs		7,822	7,822	11,815
	Legal and professional	costs		11,119	11,119	3,490
				126,347	126,347	109,458

No	tes to the Accounts
9	Net income before transfers
			2023		2022
	This is stated after charging:		f		E
	Depreciation ofowned fixed assets		874		921
10 Staff costs
			2023		2022
	Salaries and wages		73,782		77,388
	Pension costs				1,438
			73,782		78,826
	No employee received emoluments	in excess of660,000.
11 Tangible fixed assets
			Plant and	Fixtures,
		Jewellers	Machinery	fittings and equipment	Total
				f
	Cost or revaluation
	At 1April 2022	46,855	23,451	3,304	73,610
	Additions	4,165			4,165
	Revaluation	27,913			27,913
	At 31March 2023	78,933	23,451	3,304	105,688
	Depreciation and
	impairment
	At 1April 2022		8,945	322	9,267
	Depreciation charge for the		725	149	874
	year
	At 31March 2023		9,670	471	10,141
	Net book values
	At 31March 2023	78,933	13,781	2,833	95,547
	At 31March 2022	46,855	14,506	2,982	64,343
12	Investments
				Land and
				buildings	Total
				6	6
	Cost or revaluation
	At 1April 2022			1,194,700	1,194,700
	At 31March 2023			1,194,700	1,194,700
	Net book values
	At 31March 2023			1,194,700	1,194,700
	At 31March 2022			1,194,700	1,194,700

13	Creditors:	Creditors:	Creditors:	Creditors:	Creditors:
	amounts falling due within one year
							2023		2022
							f		f
	Other taxes and social security						1,657		3,603
	Other creditors						10,500		11,220
	Accruals						1,932
							14,089		14,823
14	Creditors:
	amounts falling due after			more than one year
							2023		2022
							f		f
	Bank loans	and overdrafts					463,445		507,812
							463,445		507,812
15	Movement	in funds
							Incoming
							resources		At 31
							(including	Resources	March
					At 1April		other gains/losses	expended	2023
						2022	)
							f
	Restricted funds:
	Unrestricted	funds:
	General funds				733,857		192,483	(156,562)	769,778
	Revaluation	Reserves:
	Revaluation	fund				46,855			46,855
	Total revaluation		reserves			46,855			46,855
	Totalfunds				780,712		192,483	(156,562)	816,633
	Reserve								27,913
	Purposes and restrictions			in relation to the funds:
	Revaluation	reserves			Represent the amount	by which	investments	exceed their historical cost.
6	Analysis of	net assets between			funds
							Unrestricted	Restricted
									Total
							funds	funds
							f		f
	Fixed assets						16,614	78,933	95,547
	Investments						1,194,700		1,194,700
	Net current	assets					17,744		17,744
	Creditors due in more than provisions			one	year and		(463,445)		(463,445)
							765,613	78,933	844,546

								At 31
						At 1April		March
						2022	Cash flows	2023
						f	f	f
Cash and cash equivalents						44,304	(12,471)	31,833
						44,304	(12,471)	31,833
Bank loans						(507,812)	44,367	(463,445)
						(507,812)	44,367	(463,445)
Net debt						(463,508)	31,896	(431,612)
Commitments
Operating		lease commitments
Annual	commitments		under non-cancellable	operating	leases are as follows:
					2023	2023	2022	2022
				Land	and		Land and
						Other		Other
				buildings			buildings
					f
Operating		leases with	expiry date:
Pension	commitments
						2023		2022
						f		f
The pension cost charge to the charity
amounted		to:						1,438

		2023	2022
		6	E
Cash flows from operating	activities
Net income per Statement	of Financial Activities	35,921	16,109
Adjustments for:
Depreciation of property, plant and equipment		874	921
Dividends, interest and	rents from investments	(14,845)	(535)
Other gains/losses		(27,913)
Increase in trade and other payables		27,179	7,393
Net cash provided by operating activities		21,216	23,888
Cash flows from investing	activities
Payments for property,	plant and equipment	(4,165)
Dividends, interest and	rents from investments	14,845	535
Net cash from investing activities		10,680	535
Cash flows from financing	activities
Repayment ofborro wings		(44,367)	(53,050)
Net cash used in financing	activities	(44,367)	(53,050)
Net decrease in cash and cash equivalents		(12,471)	(28,627)
Cash and cash equivalents	at the beginning ofthe year	44,304	113,381
Cash and cash equivalents	at the end ofthe year	31,833	84,754
Components ofcash and cash equivalents
Cash and bank balances		31,833	44,304
		31,833	44,304

			Unrestricted
			funds	Total funds	Tota I funds
			2023	2023	2022
				E	E
Income and endowments		from:
Donations and legacies
Donations			107,785	107,785	117,072
			107,785	107,785	117,072
Charitable activities
Pooja Ticket Sales			48,743	48,743	18,477
			48,743	48,743	18,477
Other trading activities
Hall Hire			5,800	5,800	4,200
Sundry Sales Income			4,937	4,937	204
Monthly Subscription			10,373	10,373	11,317
			21,110	21,110	15,721
Other
Government Grant			14,845	14,845	535
			14,845	14,845	535
Total income and endowments			192,483	192,483	151,805
Expenditure on:
Charitable activities
Pooja Ticket Sales			30,215	30,215	19,238
Charitable Payments					7,000
			30,215	30,215	26,238
Total ofexpenditure activities	on charitable		30,215	30,215	26,238
Other expenditure
Bank loan and overdraft		interest
payable			17,103	17,103	9,019
			17,103	17,103	9,019
Employee costs
Salaries/wages			73,782	73,782	77,388
Pension costs					1,438
			73,782	73,782	78,826
Motor and travel costs
Travel and subsistence			113	113	84
			113	113	84
Premises costs
Rates			5,141	5,141	635
Light, heat and power			8,570	8,570	4,279
Premises cleaning			1,416	1,416
Other premises costs			407	407	389

		15,534	15,534	5,303
Generaladministrative	costs,
including depreciation	and
amortisation
Depreciation of Plant	and	725	725	764
Machinery
Depreciation of Fixtures, fittings		149	149	157
and equipment
Bank charges		2,159	2,159	2,421
Equipment expensed		121	121	3,343
Advertising 8 Marketing		600	600
Equipment repairs and maintenance		914	914	2,004
General insurances		2,068	2,068	1,944
Postage and couriers		121	121	106
Software, ITsupport	and related	864	864	770
costs
Stationery and printing		348	348	277
Sundry expenses		231	231	509
Telephone, fax and broadband		396	396	441
		8,696	8,696	12,736
Legal and professional	costs
Accountancy and bookkeeping		420	420	2,300
Other legal and professional costs		10,699	10,699	1,190
		11,119	11,119	3,490
Total ofexpenditure of	other costs	126,347	126,347	109,458
Total expenditure		156,562	156,562	135,696
Net gains on investments
Net income		35,921	35,921	16,109
Net income before other
gains/(losses)		35,921	35,921	16,109
Other Gains
Net movement in funds		35,921	35,921	16,109
Reconciliation offunds:
Total funds brought forward		780,712	780,712	764,603
Total funds carried forward		816,633	816,633	780,712