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2022-10-31-accounts

'Dutch Cottage' Phone: 07711 065097 257 Broadway North E-mail: sushil@extru-tech.com Walsall, WS1 2PS Mobile: 07711 065097

Midland Kshattri (Taank) Society

Trustees Annual Report 2021-22

During the year starting from 01 November 2021 to 30 October 2022, the society had a very few activities due to COVID 19.

Religious ceremony of celebration of Baba Nam’s 751st Birthday on 5[th] December 2021. The whole community members from Coventry & Warwickshire, Birmingham, Walsall, Wolverhampton and Black Country were invited, but only a handful of persons attended the ceremony due COVID 19 awareness. After the religious celebration there was lunch for all the members present, which was followed by the AGM. The AGM had to be abended due to lack of quorum.

  1. The society made donations of £602 to a charity in India, run by Baba Bhupinder Singh for the treatment of eyes for the people who can not afford to have their treatment otherwise.

  2. Society donated £1000 to Coventry Childrens Contact cenre.

  3. Society also donated £1000 to Coventry Carers Trust.

Total donations made to other charities was £2602.

  1. Society’s only source of income is from the rent of the property owned by the society. Due to COVID-19, the tenant had not paid rent due to the shutdown of their business. Most of the effort was made to recover the rent dues.

5. Annual Accounts: annual accounts of the society were prepared by the Treasurer, Sushil Kainth from Bank statements and activities during the year. The accounts were checked by Duel Accountants Limited independently. The society accounts show net income £24613.00, after the payment of donations of £2602, Bank interest of £127 and Accounts auditing of £200. 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 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: 07908532916 EMAIL: clivewatson921@gmail.com

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: 07908532916 EMAIL: clivewatson921@gmail.com

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