2021-10-31-accounts

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Midland Kshattri (Taank) Society

Trustees Annual Report Yr. Ending 30 October 21.

During the year starting from 01 November 2020 to 30 October 2020, the society has not been able to carry out many activities due to COVID-19 restrictions imposed by the government. The few activities performed within the law, by the society are as follows: -

1. Religious ceremony of celebration of Baba Nam’s 750[th] Birthday was cancelled due to COVID-19 restrictions.

2. As the cases of Corona Virus started appearing from the beginning of 2020 and well toward the end of 2021, there had been restrictions to the number of people who could gather, Therefore, the society could not plan any activities. The trustees carried their executive tasks by telephone and emails etc. Therefore, trustees decided to donate to other charities and direct help wherever it was need. The list of donations made by the society is as follows:

Name of Charity

• 1 In November 2020, Coventry and Warwickshire zone, donated £501.00 to local Sikh Temple for Food for the needy.

• Birmingham Sub-Comm. Donation spent £1000.00 for food parcels for Homeless people.

Purpose

To help with food for the needy.

To help Homeless People.

1. Wal.& Wolv Sub-Comm. Spent £1000.00 for food parcels To help Homeless People. for Homeless people.

2. Cov. & Warks. Sub-Comm. Spent £1000.00 for food parcels for Homeless people

3. Help to the homeless people

4. Central Committee Donated £2000 to DEC CRNAVRS To help with Covid-19 in India APPEAL India COVID-19,

5. Central Committee Donated £2000 to British Red Cross To help with COVID-19 in India. Appeal COVID-19 India.

Total donations made to other charities were £7,501.

1. The only income of the society is from the rent of the premises and donations made by the members. Due to COVID19, rent arrears was £23325 reported in accounts as debtors. This is the money owed to the society by the tenant of the society premises.

2. Annual Accounts: The annual accounts of the society were prepared by the Treasurer, Sushil Kainth from Bank statements and activities noted during the year. The accounts were checked independently by Duel Accountants Limited. The society accounts show total income £26675.00, out of which £26300 was this years’ income and £375, which was unpaid rent from the previous years brought in the books. Expenses; £7662 and net income for the year £19013.00. Independently checked accounts are submitted with this report.

The above report is compiled by Sushil Kainth, Treasurer, Midland Kshattri (Taank) Society from the society’s activities during the years, Bank accounts and the minutes of management meetings.

MIDLAND KSHATTRI (TAANK) SOCIETY

FINANCIAL STATEMENTS

For the year ended 31 October 2021

DUAL ACCOUNTANTS LIMITED 62 STATION ROAD HARBORNE BIRMINGHAM WEST MIDLANDS B17 9LX

TELEPHONE

PHONE: [phone] EMAIL: [e-mail]

MIDLAND KSHATTRI (TAANK) SOCIETY

FINANCIAL STATEMENTS For the year ended 31 October 2021

CONTENTS

Accountant's Report Balance Sheet Schedule of Fixed Assets Trading and Profit an Loss Account	PAGE
	1 2 3 4

MIDLAND KSHATTRI (TAANK) SOCIETY

ACCOUNTANT'S CERTIFICATE

In accordance with instructions given to us, we have prepared without carrying out an audit, the trading and profit and loss account and balance sheet from your accountig records and from information and explanations supplied to us.

Dual Accountants Limited

Dual Accountants Limited Accountants

62 Station Road Harborne Birmingham West Midlands B17 9LX

June 2022

MIDLAND KSHATTRI (TAANK) SOCIETY

BALANCE SHEET

For the year ended 31 October 2021

£ FIXED ASSETS Per Schedule CURRENT ASSETS Stock in Hand 0 Debtors and Prepayments 23325 Cash at Bank 173374 Cash in Hand 0 196699 CURRENT LIABILITIES Amount due to Bank Overdraft 0 Creditors and Accured Charges 0 0 NET CURRENT (LIABILITIES)/ASSETS REPRESENTED BY: CAPITAL ACCOUNT Reserves Revaluation Profit for the year Less Drawings	£ 0 23325 173374 0	2021 £ 450000 196699	2021	£ 0 13225 164461 0	2020 £ 450000 177686	2020
	196699			177686
	0 0			0 0
	0			0
		646699			627686
		316202 311484 19013			308254 311484 7948
		646699 0			627686 0
		646699			627686

Financial Statements approved by:

MIDLAND KSHATTRI (TAANK) SOCIETY

SCHEDLE OF FIXED ASSETS

As at 31 October 2020 Additions at Cost Disposals at Cost As at 31 October 2021 DEPRECIATION As at 31 October 2020 Provision for the year Disposals As at 31 October 2021 Net Book Value As at 31 October 2021 Net Book Value As at 31 October 2020	Freehold Motor Property Vehicle 450000 0 0 0 0 0 450000 0 0 0 0 0 0 0 0 0 450000 0 450000 0	Total
		450000 0 0
		450000
		0 0 0
		0
		450000
		450000

MIDLAND KSHATTRI (TAANK) SOCIETY

TRADING AND PROFIT AND LOSS ACCOUNT

For the year ended 31 October 2021

SALES Less Commission Bank interest received LESS OVERHEAD EXPENSES Direct Expenses Printing & Stationery Donations Professional Charges Birmingham SC - Functions Bank Charges & Interest Coventry & Warwickshire MKTS - Central Functions Sundry Expenses PROFIT FOR THE YEAR	£ 0 0 7501 100 0 61 0 0 0	2021 £ 26675 0	2021	£ 0 589 15555 100 2280 0 0 0 77	2020 £ 26300 0	2020
		26675			26300
		0			249
		26675			26549
		7662			18601
		19013			7948

MIDLAND KSHATTRI (TAANK) SOCIETY

FINANCIAL STATEMENTS

For the year ended 31 October 2021

DUAL ACCOUNTANTS LIMITED 62 STATION ROAD HARBORNE BIRMINGHAM WEST MIDLANDS B17 9LX

TELEPHONE

PHONE: [phone] EMAIL: [e-mail]

MIDLAND KSHATTRI (TAANK) SOCIETY

FINANCIAL STATEMENTS For the year ended 31 October 2021

CONTENTS

Accountant's Report Balance Sheet Schedule of Fixed Assets Trading and Profit an Loss Account	PAGE
	1 2 3 4

MIDLAND KSHATTRI (TAANK) SOCIETY

ACCOUNTANT'S CERTIFICATE

In accordance with instructions given to us, we have prepared without carrying out an audit, the trading and profit and loss account and balance sheet from your accountig records and from information and explanations supplied to us.

Dual Accountants Limited

Dual Accountants Limited Accountants

62 Station Road Harborne Birmingham West Midlands B17 9LX

June 2022

MIDLAND KSHATTRI (TAANK) SOCIETY

BALANCE SHEET

For the year ended 31 October 2021

£ FIXED ASSETS Per Schedule CURRENT ASSETS Stock in Hand 0 Debtors and Prepayments 23325 Cash at Bank 173374 Cash in Hand 0 196699 CURRENT LIABILITIES Amount due to Bank Overdraft 0 Creditors and Accured Charges 0 0 NET CURRENT (LIABILITIES)/ASSETS REPRESENTED BY: CAPITAL ACCOUNT Reserves Revaluation Profit for the year Less Drawings	£ 0 23325 173374 0	2021 £ 450000 196699	2021	£ 0 13225 164461 0	2020 £ 450000 177686	2020
	196699			177686
	0 0			0 0
	0			0
		646699			627686
		316202 311484 19013			308254 311484 7948
		646699 0			627686 0
		646699			627686

Financial Statements approved by:

MIDLAND KSHATTRI (TAANK) SOCIETY

SCHEDLE OF FIXED ASSETS

As at 31 October 2020 Additions at Cost Disposals at Cost As at 31 October 2021 DEPRECIATION As at 31 October 2020 Provision for the year Disposals As at 31 October 2021 Net Book Value As at 31 October 2021 Net Book Value As at 31 October 2020	Freehold Motor Property Vehicle 450000 0 0 0 0 0 450000 0 0 0 0 0 0 0 0 0 450000 0 450000 0	Total
		450000 0 0
		450000
		0 0 0
		0
		450000
		450000

MIDLAND KSHATTRI (TAANK) SOCIETY

TRADING AND PROFIT AND LOSS ACCOUNT

For the year ended 31 October 2021

SALES Less Commission Bank interest received LESS OVERHEAD EXPENSES Direct Expenses Printing & Stationery Donations Professional Charges Birmingham SC - Functions Bank Charges & Interest Coventry & Warwickshire MKTS - Central Functions Sundry Expenses PROFIT FOR THE YEAR	£ 0 0 7501 100 0 61 0 0 0	2021 £ 26675 0	2021	£ 0 589 15555 100 2280 0 0 0 77	2020 £ 26300 0	2020
		26675			26300
		0			249
		26675			26549
		7662			18601
		19013			7948