Charity number: 1069932
United Kingdom Hindu Cultural Association
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2023
United Kingdom Hindu Cultural Association Contents Page
For the year ended 31 March 2023
|Report of the Trustees|1 to 2|
|---|---|
|Independent Examiner's Report to the Trustees|3|
|Statement of Financial Activities|4|
|Statement of Financial Position|5|
|Notes to the Financial Statements|6 to 9|
|Detailed Statement of Financial Activities|10|
United Kingdom Hindu Cultural Association Report of the Trustees
For the year ended 31 March 2023
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
The object of the Charity is to promote Hindu religion, culture, and education in the community. The management committee aims to provide first class religious and cultural functions during the Hindu calendar at an affordable cost to the public. It is intended that functions generate sufficient income to meet all expenditure incurred in the staging of events.
The Charity has no employees and depends on the continuing help of the community members.
The Management Committee members are elected or appointed on a tri-annual basis with officers being elected from the membership of the managing committee. The next election for the Executive Committee was held at the end of July 2023 AGM. The newly appointed Executive Committee will elect the office bearers.
## **Objectives and aims**
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **FINANCIAL REVIEW**
The Charity is dependent upon members funding and cultural fund raising events. The Charity had 119 subscribing families whose membership donated £8,542. Total donations for the year before expenses was £39,678. This was £9,582 more than the previous year. Expenses were increased by £9,488. This generated a net surplus of £16,653 which is £11,206 more than the previous year.
Durga Pooja continued to be the major cultural activity during the year, accounting for 46% of total donations and contributing £17,812 of the annual surplus.
These interim accounts will be submitted to the registered accountants for review, and application for a Gift Aid re-imbursement. Any re-imbursement will increase total donations and the surplus for the year.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Management Committee present their report for the year ending 31st March 2023
## 1. Accounting policies
These Accounts have been prepared under the historic cost convention and in accordnace with applicable accounting standards and the Statement of Recommended Practice for Accounting by Charities.
Voluntary Income
a) Membership fees, cash donations and gifts are included in full in the income and expenditure account as soon as they are received.
b) Cash collected at cultural events is included in the income and expenditure account after deducting the expenditure incurred directly in staging the event.
c) Voluntary help is not included in the income and expenditure account on receipt.
Investment Income
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Bank interest is included in the income and expenditure account on receipt.
Expenditure
All expenditure is included in the income and expenditure account. The value of expense invoices received before the year end but not paid until after the year
end has also been included in the income and expenditure account.
2. Net Assets by fund
General purpose fund General purpose fund
2023 2022
£30,042 £34,971
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity United Kingdom Hindu Cultural Association
Charity registration number 1069932
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United Kingdom Hindu Cultural Association Report of the Trustees Continued For the year ended 31 March 2023 **Principal address** 121 Spur Road Orpington Kent BR6 0QP **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
Prof. Bimal Bhaduri (Resigned: 17 July 2022) Dr Tapon Halder (Appointed: 01 June 2020) (Resigned: 31 May 2023) Mr Tanuj Banerjee Dr Sanjoy Basu Dr Ashis Sau Mr Suman Das Mr Debanjan Mukherjee Krishna Baruah Rama Satoskar Sumita Mukherjee **Independent examiners** Salvator Consilium LLP Consilium House 20 High Street Lydd Kent TN29 9AJ **Bankers** Barclays Bank plc Approved by the Board of Trustees and signed on its behalf by Debanjan Mukherjee ............................................................................. 11 September 2023 Mr Debanjan Mukherjee
2 of 10
United Kingdom Hindu Cultural Association
Independent Examiners Report to the Trustees
For the year ended 31 March 2023
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiners statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Salvator Consilium LLP
Salvator Consilium LLP
Consilium House 20 High Street
Lydd Kent TN29 9AJ
11 September 2023
3 of 10
## United Kingdom Hindu Cultural Association Statement of Financial Activities
For the year ended 31 March 2023
|**Notes**
**Income and endowments from:**
Donations and legacies
2
Charitable activities
3
Other income
4
**Total**
**Expenditure on:**
Raising funds
5
Charitable activities
6/7
**Total**
**Net income**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
20,863
24,211
6,325
**51,399**
(34,017)
(705)
**(34,722)**
**16,677**
35,643
**52,320**|**31/3/2022**
**£**
2,353
27,143
672|
|---|---|---|
|||**30,168**|
|||(3,083)
(21,638)|
|||**(24,721)**|
|||**5,447**
30,196|
|||**35,643**|
4 of 10
## United Kingdom Hindu Cultural Association Statement of Financial Position
As at 31 March 2023
|**Notes**
**Fixed assets**
Tangible assets
12
**Current assets**
13
Debtors
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
**Total funds**|**£**
**31/3/2023**
2,278
**2,278**
-
50,042
**50,042**
**50,042**
**52,320**
**52,320**
52,320
**52,320**|**£**
**31/3/2022**
2,680|
|---|---|---|
|||**2,680**|
|||110
32,853|
|||**32,963**|
|||**32,963**|
|||**35,643**|
||||
|||**35,643**|
|||35,643|
|||**35,643**|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
## Debanjan Mukherjee
Mr Debanjan Mukherjee Trustee
11 September 2023
5 of 10
United Kingdom Hindu Cultural Association Notes to the Financial Statements
For the year ended 31 March 2023
## **1. Accounting Policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011.
United Kingdom Hindu Cultural Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **Going concern**
## **2. Income from donations and legacies**
|**Unrestricted funds**
Donations received
Subscriptions received
Gifts in kind
**ome from charitable activities**
**Unrestricted funds**
_Durga Puja_
Income from charitable activities
_Kali Puja_
Income from charitable activities
_Rang Mela / Holi_
Income from charitable activities
_Saraswati Puja_
Income from charitable activities -
Saraswati Puja
_Brochure_
Income from charitable activities
_Activity 7_
Income from charitable activities|**31/03/2023**
**£**
8,542
6,948
5,373
**20,863**
**31/03/2023**
**£**
17,812
745
1,652
2,570
-
1,432
**24,211**|**31/03/2022**
**£**
134
2,219
-|
|---|---|---|
|||**2,353**|
|||**31/03/2022**
**£**
20,091
1,039
-
1,832
4,181
-|
|||**27,143**|
## **3. Income from charitable activities**
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United Kingdom Hindu Cultural Association
Notes to the Financial Statements Continued
For the year ended 31 March 2023
## **4. Other income**
|**Unrestricted funds**
Other income 1
**penditure on generating donations and legacies**
**Unrestricted funds**
Donations
Subscriptions
Support costs
**sts of charitable activities by fund type**
**Unrestricted funds**
Durga Puja
Kali Puja
Rang Mela / Holi
Saraswati Puja
**sts of charitable activities by activity type**
**Activities undertaken directly**
Durga Puja
Kali Puja
Rang Mela / Holi
Saraswati Puja|**31/03/2023**
**£**
6,325
**6,325**
**31/03/2023**
**£**
402
-
33,615
**34,017**
**31/03/2023**
**£**
331
-
374
-
**705**
**31/03/2023**
**£**
331
-
374
-
**705**|**31/03/2022**
**£**
672|
|---|---|---|
|||**672**|
|||**31/03/2022**
**£**
670
659
1,754|
|||**3,083**|
|||**31/03/2022**
**£**
18,506
1,108
-
2,024|
|||**21,638**|
|||**31/03/2022**
**£**
18,506
1,108
-
2,024|
|||**21,638**|
## **5. Expenditure on generating donations and legacies**
## **6. Costs of charitable activities by fund type**
## **7. Costs of charitable activities by activity type**
7 of 10
United Kingdom Hindu Cultural Association Notes to the Financial Statements Continued
For the year ended 31 March 2023
|**8. Analysis of support costs**
**Voluntary Income**
Additional Expenses
**9. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
**10. Particulars of employees**
None
**11. Comparative for the Statement of Financial Activities**|**31/03/2023**
**£**
33,615
**31/3/2023**
**£**
402
**31/3/2023**
0
**0**|**31/03/2022**
**£**
1,754
**31/3/2022**
**£**
670|
|---|---|---|
|||**31/3/2022**
0|
|||**0**|
||||
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
8 of 10
United Kingdom Hindu Cultural Association Notes to the Financial Statements Continued
For the year ended 31 March 2023
## **12. Tangible fixed assets**
|**Cost or valuation**
At 01 April 2022
At 31 March 2023
**Depreciation**
At 01 April 2022
Charge for year
At 31 March 2023
**Net book values**
At 31 March 2023
At 31 March 2022
**ebtors**
**Amounts due within one year:**
Other debtors
**nalysis of net assets between funds**
**Unrestricted funds**
_General_
General
**Previous year**
**Unrestricted funds**
_General_
General|**Tan**|**Fixtures and**
**Fittings**
**£**
5,234
**5,234**
2,554
402
**2,956**
**2,278**
**2,680**
**31/3/2023**
**31/3/2022**
**£**
**£**
-
110
**-**
**110**
**gible fixed**
**assets**
**Net current assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
2,278
50,042
52,320|**Fixtures and**
**Fittings**
**£**
5,234|
|---|---|---|---|
||||**5,234**|
||||2,554
402|
||||**2,956**|
||||**2,278**|
||||**2,680**|
||||**31/3/2022**
**£**
110|
||||**110**|
|||**2,278**
**50,042**
**52,320**||
||**Tan**|**gible fixed**
**assets**
**Net current assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
2,680
32,963
35,643||
|||**2,680**
**32,963**
**35,643**||
## **13. Debtors**
## **15. Analysis of net assets between funds**
9 of 10
United Kingdom Hindu Cultural Association
## Detailed Statement of Financial Activities
For the year ended 31 March 2023
|**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
Subscriptions
Gifts in kind
**Charitable activities**
Income from charitable activities (Durga Puja)
Income from charitable activities (Kali Puja)
Income from charitable activities (Rang Mela / Holi)
Income from charitable activities (Saraswati Puja)
Income from charitable activities (Brochure)
Income from charitable activities (Activity 7)
**Other income**
Other income 1
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Donations
Subscriptions
**Charitable activities**
Cost of direct charitable activity (Durga Puja)
Cost of direct charitable activity (Kali Puja)
Cost of direct charitable activity (Rang Mela / Holi)
Cost of direct charitable activity (Saraswati Puja)
**SUPPORT COSTS**
**Additional Expenses**
Additional Expenses
**Total resources expended**
**Net Income**|**£**
**31/3/2023**
8,542
6,948
5,373
**20,863**
17,812
745
1,652
2,570
-
1,432
**24,211**
6,325
**6,325**
**51,399**
(402)
-
**(402)**
(331)
-
(374)
-
**(705)**
(33,615)
**(33,615)**
**(34,722)**
**16,677**|**£**
**31/3/2022**
134
2,219
-|
|---|---|---|
|||**2,353**
20,091
1,039
-
1,832
4,181
-|
|||**27,143**
672|
|||**672**|
|||**30,168**
(670)
(659)|
|||**(1,329)**
(18,506)
(1,108)
-
(2,024)|
|||**(21,638)**
(1,754)|
|||**(1,754)**|
|||**(24,721)**|
|||**5,447**|
10 of 10 This page does not form part of the statutory financial statements