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2023-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 01 2023 To 31 12 2023

Section A Reference and administration details

Charity name

Newcastle Upon Tyne Hindu Temple

Other names charity is known by

Registered charity number (if any) ~~i~~ 1095353 Charity's principal address The Hindu Temple 172 West Road Newcastle Upon Tyne Postcode NE4 9QB

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Mr S Kapoor President
Mrs A Kumar General Secretary
Mr V Sharma Vice President
Mr A Puri Treasurer
Mr A P Vedhera
Mrs H Chaddha
Mr R Handa
Mrs S Rehan
Mrs N Sehgal
Mr D Patel
Mr R Thaman
Mr B Vasa
~~ee~~
~~ee~~
~~ee~~

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Names and addresses of advisers (Optional information)

Type of adviser Name
Address
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Election Trustee selection methods

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

To advance the Hindu faith for the benefit of the public in Newcastle and the surrounding area

To provide a Temple or other place of worship for members of the Hindu Summary of the objects of the faith. charity set out in its To advance the education of the public in the Hindu faith. governing document

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The Temple is open daily for the observance of the rites of the Hindu faith and for services twice every week on a Sunday, Tuesday and upon all Hindu Festivals.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

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Section D Achievements and performance The Hindu Temple Community of Newcastle continued to provide public Summary of the main awareness and advance the education of the public in the Hindu Faith. achievements of the charity during the year The Temple was available for worship for members of the Hindu Faith.

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Section E Financial review

At 31 December 2023 the cash funds amounted to £570,517.

Brief statement of the charity’s policy on reserves

The Trustees consider that this level of funds is sufficient to enable the charity to fulfil all of its obligations and commitments and to finance the activities that it currently undertakes.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

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Financial Statements for the Year Ended 31 December 2023

for

Hindu Temple Newcastle

Hindu Temple Newcastle

Contents of the Financial Statements for the Year Ended 31 December 2023

Page
General Information 1
Accountants' Report and Client Approval Certificate 2
Detailed Profit and Loss Account 3
Balance Sheet 4
Notes to the Financial Statements 5

Hindu Temple Newcastle

General Information for the Year Ended 31 December 2023

PROPRIETOR:

S Kapoor

ADDRESS: The Hindu Temple 172 West Road Newcastle Upon Tyne Tyne and Wear NE4 9QB ACCOUNTANTS: Flannagans - Gateshead 7 Bankside The Watermark Gateshead NE11 9SY

Page 1

Financial Statements

for the Year Ended 31 December 2023

Accountants' Report to

Hindu Temple Newcastle

In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Hindu Temple Newcastle and from information and explanations supplied to us.

Flannagans - Gateshead 7 Bankside The Watermark Gateshead NE11 9SY

12 March 2024

Client Approval Certificate

I approve the financial statements and confirm that I have made available all relevant records and information for their preparation.

S Kapoor

12 March 2024

Page 2

Hindu Temple Newcastle

Detailed Profit and Loss Account for the Year Ended 31 December 2023

Income
Donations
Collections
Membership fees
Gift aid received
Other income
Rents received
Deposit account interest
Expenditure
Food bank donation
Flowers
Catering and cooking
Cleaner and cleaning material
Visiting Swamiji
Mahayagya expenses
Water rates
Insurance
Light and heat
Diwali expenses
Balaji Kalyanutsav
Ganesh Chaturthi expenses
Wages
Pensions
Telephone
Printing, post and stationery
Car park charges
TV licence
Repairs and renewals
Accountancy
Justgiving membership fee
Finance costs
Bank charges
Credit card
Depreciation
Fixtures and fittings
NET PROFIT
2023
£
154,606
47,162
1,370
5,606
1,800
3,443
4,618
81
41,949
13,814
2,100
13,197
5,954
3,183
29,379
5,836
850
700
32,250
528
1,232
1,143
1,926
159
13,297
948
562
609
727
£
208,744
5,243
213,987
173,706
40,281
1,336
38,945
1,480
37,465
2022
£
99,448
42,330
4,260
5,616
1,800
227
2,354
-
34,067
13,002
2,800
-
1,634
2,500
22,674
2,805
850
710
30,000
472
842
424
1,070
159
6,451
948
562
760
-
£
151,654
2,027
153,681
124,324
29,357
760
28,597
744
27,853

Page 3

Hindu Temple Newcastle

Balance Sheet 31 December 2023

Notes
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Social security & other tax
Bank account
Bank account no. 2
Cash in hand
CURRENT LIABILITIES
Trade creditors
Social security and other taxes
NET ASSETS
FINANCED BY
RESERVES AND FUNDS
Reserves
2
2023
£
-
63,832
500,000
6,685
570,517
2,799
437
3,236
£
123,083
567,281
690,364
690,364
690,364
2022
£
596
78,149
450,000
2,609
531,354
-
-
-
£
121,545
531,354
652,899
652,899
652,899

Page 4

Hindu Temple Newcastle

Notes to the Financial Statements for the Year Ended 31 December 2023

1. TANGIBLE FIXED ASSETS

COST
At 1 January 2023
Additions
At 31 December 2023
DEPRECIATION
At 1 January 2023
Charge for year
At 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022
RESERVES
At 1 January 2023
Surplus transferred from
current account
At 31 December 2023
Improvements
Freehold
to
property
property
£
£
51,406
60,239
-
3,018
51,406
63,257
-
-
-
-
-
-
51,406
63,257
51,406
60,239
Fixtures
and
fittings
£
49,393
-
49,393
39,494
1,480
40,974
8,419
9,899
Computer
equipment
£
6,736
-
6,736
6,735
-
6,735
1
1
Totals
£
167,774
3,018
170,792
46,229
1,480
47,709
123,083
121,545
General
reserves
£
652,899
37,465
690,364

2. RESERVES

3. CAPITAL ACCOUNT

S Kapoor
£
Share of profit 37,465
Less
Surplus transferred to General
Reserve 37,465
37,465

Page 5

Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Cliarify Newcastle Upon Tyne Hindu Temple On accounts for the year ended 31 December 2023 Charity no (if any) 1095353 Set out on pages Iicrne5111)er lo Iiuinbeys sheets) Respective The charty's trustees are responsible for the preparation of the accounts. responsibilities of The charity's trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Acl) and that an independent examination is needed. It is my responsibility to- examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to stale whether particular matters have come to my attention. Basls of indepondent My examination was carried out in accordanGe with general Directions given examinerfs statement by th8 Charity Commission. An examination includes a review of th8 accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the raport 18 limited to those matters set out in the statement below. Independent In connection with my examination, no matter has come to my attention examinerfs statement (other than that disclosed below.) which gives me reasonable cause to beli8v8 that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act- and to prepare accounts which accord with the accounting records and comply with Ihe accounting requirements of the Charities Act have not been met. or 2. to which, in rny opinion, altention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: Name: Yasir Javed FCCA, ACA Relevant professlonal qualification(s) or body (if any): Chartered Certified Accountant, Chartered Accountant IER March 2012

Address: Flannagans Chart8red Accountants Unit 3A Evolution, Wynyard Avenue, Wynyard Business Park, Billingham, Cleveland. TS22 5TB Section B Disclosure Only complete if the examiner needs to highlight material problems. IER March 2012

Give here brief details of any items that the examiner wishes to disclose. IER March 2012