## **A MESSAGE FROM THE CHAIRMAN OF THE EXECUTIVE COMMITTEE** 

In November 2019 Reading Hindu Centre’s (RHC’s) launch a fund raising initiative - “ _Ek Sham Suhani”_ - for carrying out some urgent repairs in the Temple building. Following were the key outcomes: 

- with your kind generosity, this initiative has generated more than eleven thousand pounds 

- the old damaged and leaking windows in the main hall were replaced with new double glazed windows – it will minimise noise pollution for our neighbours, produce less energy bills and warmer environment, especially in winter. 

I wish to express my deepest sense of gratitude to all those who attended this event, put advert, articles, artworks in the magazine and offered financial donations to this noble cause. 

The year 2020 started as normal, but unexpectedly developed into a challenging year for mankind. I have no doubt in my mind that it is going to go down in the history as the year of “COVID-19”. For our Temple, it all started with a nationwide lockdown in March, which forced religious organisations to close their doors… 

The situation was unprecedented. However, Executive Committee (EC) acted swiftly, and activated a plan of telecasting the festival celebrations live via Temple’s established social networking services. Since March, Chaitra Navratri, Ram Navmi, Hanuman Jayanti and Adi Shankaracharya Jayanti were celebrated in the Temple virtually via Facebook live feed. 

In July, with the easing of restrictions, the EC once again geared into action and prepared the premise by following government guidance and regulations for the reopening of the Temple. Since then, Shrikrishna Janmashtami and Indian independence day were celebrated virtually, whereas during Ganesh Festival and Ashwin Navratri devotees’ participation was permitted with restrictions in place. For obvious reason of social distancing, the Navratri Garba and Karwa Choth puja were not organised in the Temple. However, a Karva Chauth katha was recorded and made available on the Facebook, which enabled ladies to perform the puja in their homes. 

Additionally, since March 2020, the evening aarti was telecasted once a week on Tuesday with a live darshan of all the deities. 

I feel proud that during this stressful and difficult times, EC made huge effort for delivering the RHC’s religious responsibilities towards the entire Hindu community. The number of views recorded for the festivals and aarti telecasts which many times exceeded thousands, simply proves the essentialness of our religious services, and how much devotees valued them…In all, undoubtedly, we received an overwhelming response from the congregation, which was very pleasing. 

Despite this, it was no surprise that the overall footfall of the devotees in the Temple has drastically fallen. This has directly affected the Charity’s income, with an estimated shortfall of £25k for the current year and is forecast to be even more in the New Year… 



Over the last 18 years, EC has always handled the Charity’s finances prudently, and have tried to build cash reserves to protect the Charity from failing in difficult times. This reserve has enabled the EC to fulfil all its key financial commitments such as payment of refurbishment loan, Priest’s fulltime salary through a government’s Furlough scheme and other day to day routine maintenance expenses, which still remain even with the reduced opening hours of the Temple. 

Hence in order to top up the reserve of the Charity, the EC launched a fund raising appeal during Diwali 2020, and as always our community have responded very positively. It gives me great pleasure to announce that: 

- with your kind generosity, this initiative has raised around £8 k 

I am extremely thankful to all those who have contributed to this appeal, and request you all to keep spreading the message across. Also, if you have not yet responded to this appeal, then please do contribute generously for our Temple… 

Lastly, I have always believed that the Temple community is keeping this charity on continuing path of growth and progress. EC value your advice and help in any respect. So please do not hesitate to contact myself or my fellow EC members if you: 

- have certain expertise, which you feel you can offer for the benefit of the Charity 

- wish to become a member of the Charity, Or a member of the Committee 

_Remember, more hands make light work!_ 

_May the year ahead bring you all the happiness, peace and wealth you rightly deserve!_ 

Thank you very much for your continuing support and encouragement… 

Stay safe, stay blessed! 

Yours truly, 

Dr Ashok S Khare 

## **Chairperson of the Executive Committee** 

## **Executive Committee** 

Mr Govind Bhatti (Treasurer), Mr Laxman Chouhan (Elected member), Mr Shashi Mawkin (Property manager), Mr Sunil Mehan (Joint Secretary), Mr Karan Mehra (Joint Treasurer and Hiring Coordinator), Mr Vijay Mistry (Secretary), Mrs Khushboo Panwar (Events Coordinator), Mr Bhupendra Sankhla (Vice Chairperson), Mr Bhupen Sodha (Elected Member) and Mr Srikrishnan Sriram (Elected member) 



CHARrrY REGWRATION NUMBER: 1115850
The Reading Hindu Centre
Unaudited Financial Statements
31 December 2020
HARISH MISTRY FCA FFTA
Chartered accountants
HBMistry&Co
Tudor House
Mill Lane
Calcot
Reading
RG317RS

The Readlng Hindu Centre
Flnanclal Statements
Y8ar onded 31 December 2020
Page
Trustees, annual report
Independent examinels report to the trustees
statement of financial gctivthes
Statement of financial position
Notes to the finanGial statements
The followlng pages do nol fomi part of the flnanclal statomants
Detailed statement of financial activttses
16
Notes to th8 detailed ststsment of financial adwtbes
17

The Readlng Hindu Centre
Trustees. Annual Roport
Year ended 31 Decombar 2020
The tm8tses present their repL¥I and the unaudited finontyal statements of the ¢h8rty for the year
ended 31 D8(*mbèr 2020.
R•far•nc• and admlnlstratlv• deiall*
R•glstered ¢harlty nam•
The Re•Jing Hindu Cèntre
Charlty roglstratlon nurnb•r
1115850
Prlnelpal offl¢e
l12wh￿YStre0t
Rsading
RG2 OEQ
Th• tntstees
Mrs Srirnm
Dr A Khare
Mr Bhatti
Mr K Mehra
Tha trustees
Dr A6hok1th8re
r Bhupendrg Sankhl8
Mr Vijay Misty
Mr Govind Bhatti
Mr Srlkrishrw) Srfram
Mr Bhupendra Sodha
Mr Sunil Mehan
Mrs Khushboo P8nwar
Mr Laxman Chouhan
Mr Karan Mehra
Mr Shashi K Mavhin
Chairnian
Vice Ch8irrnpn
Secretary
Trèasur
J￿nt Trea5ur8r I￿￿gned 13th June 20201
El￿18d mamber
Events Co-ordinator & Web Man
JDint Events c<￿￿￿8t0r & Publlclty
Elected mernbsr
EloctNI tnernber lappolnted Jwl Tr8&8urer 13th June 20201
Property Manager
Indwpenderrt examlner
Harish M*lry FCA FFTA
Charterod a¢¢ountanl
Twlor House
li15 Lane. Calcot
Readir
Berks RG317RS

The Reading Hindu Centre
Trustees. Annual Report
Yoar ended 31 December 2020
Struoturg* govemance and managem•nt
Th¢ ¢harlty L8 cryanisod under a ￿￿StstutiOn approved on 5 August 21M)6.
The Charity is managed, on beha￿ of th8 merntrRrB, by an Fxecutwe Committèe. a third ol which i
elected every year at the annual general meètiThJ hèkl b8for8 30 June. The Executlve Commlttee
mèmbèrs duriThJ th8 year are detalled on page 1 of th8sg finawal ststgments. All of the members
provid&d their sorvic8s Irao ol eh8rgg. No membw had a materkal inierest In any eontract ol
S￿nIficance to which the Charity wa5 a party duriryJ thg ye8r.
ThE ExeculNe Gomrnittee ha8 assessed the malor rtsks to which thè Charity is 8XPD8ed, and Is
sadsfled that systams are in place to rniti'gate exF¥)SU￿to the major risks.
Oblectlvg5 and a¢dvltSes
The oi¥eds of the Charity are by such m•ans as arg th8ritab18 to promot8 th8 Hindu relulon, to
provldè 8 plac8 of wor8hip forfollower5 of the HiTrJu religion and to prL*nolfj 8n¢J 9ncourage the valu88
of the HlThJu faith for the t*n8fft of the wtAic at large.
The Charity shal te pc4itkally non4llgr*d.
Tha eharily thY)rk8 whh, and pericxyically ￿elVeS requesis fL* SUPPDrt frorn othgr o*artli9B and
organisations knith similar ti*éctivès. Th8 merits crf eaol case are consl(lered by the Exec4JtNe
Committee. From time to time they a9re9 to ¥uFwrt. by way of a m¢)dest grant, vthere such Is
p6rceivgd to be of rnutual bengfft to both partie&
We have referred lo the gukl8ncè conlained in the Charity Commissp)n's general guldance on publ1¢
benefit when revie￿ng our aims and 0tr4•cUv8s and in pL4nning CAJr futur8 acti￿t￿5.
Achkv•m•nts and performance
The Reading Hindu Centre promdes a fixxl tx)int for wh￿h promot6s hamiony betwaèn
various communities in ReadlThJ. The celtre houses 8 bgautrful temp￿ which is open to all and all
religious activit￿¥ aro $ucce58fully held at the centre.
The centre en￿￿￿TageS Use of ts faulitse5 lor aLYiwiEs whlth promt& s￿ritUal￿ and hèathy liwng.
Covid 19 Pandemic
The activit￿S of the charfty We￿ curtailed due to Compliance with the Jod( down guld8nce Issued
under Covid 19 pandemlc. The h)d( down had a tnajor impacl on the Income ol the charity which
relles on voluntary donaLions. The IrKorne dedined by 27%.
Th8 centre wos thsed for 8Jl major ￿b¥a￿8S and whenever. pc6sible sw"rlbJal dk%ex)u￿È$ and prayèrs
were conducted virtualty for the beneftt olthè ￿)mMUnty.

The Reading Hindu Centre
Trustees. Annual Report {eoniinwdl
Year ended 31 December 2020
Flnanc5al review
The detailed financial position ol the charity is shown in the financial stat8menls attached. The
Ex8culiv8 Committee are pleased to report that through judicious management of the Charitls
finances, the charity has shown a net surplus income over expenditure of £24,61812019 £47,599).
Re$erve$ Policy
It is the policy of th8 Charity that unrestricted funds which have not b88n designated for a specifi¢ use
should be maintained al a level equivalent lo between six and nine Tnonth's expenditure. Th8
Executive Committee consider that reserves al this 18vel will ensure that, in the event of a si9nificant
drop in funding. they will be able to continue th8 Charitys current activities while consideration 15 given
to ways in which additional funds may be raised. This level of reserves h8s been maintained
throughout th8 year. Reserves are a150 required to fund any unexpected repairs to the building on
which the charity relies on its activities.
Rlsk management
The charity 15 dependent on donations and along with the gift aid it ha5 8n8bled the charity to
undertake improvements and repairs lo the cenlre. The Executive committee Is confident that the
support and goodwill of the members and public 98nerally, will enable the Charity to meel its ongoing
financial ¢ommitm8nts.
The Ex8CUtivo Committee manages the ￿ntre.$ risk by regular r9Vl8ws of health and safely
procedures. fire protection procedures and ensuring adequ8te insuranc8s are In place lor the Centre.
Plans for future period5
The c8ntr8 will continuè with ils daily religious programrne which ar& w811 published on its website.
The centre renovation work will continue subject lo receipt of donations and availability of funds.
The trustees, annual report was approved on 1BI July 2021 and signed on behalf of th8 board of
trustees by..
Dr Ashok Khar8
Chairman
Mr Govind Bhatli
Treasurer

The Readlng Hlndu Centre
Independent Examlnevs Report to tho Trustees of The Readlng Hlndu Centre
Year ondod 31 Decernber 2020
I report to the bustees on my oxamin8tion of the finar￿le4 8tstements of The R&￿ing Hindu C8nlre
I'the charllll for th8 year ended 31 Dectrmber 2020.
R•sponslbllltl•s ènd b#811 of report
As the trustees ol the charty you are rEStM)nsibb for the preparation of the financ￿1 stalern8nts irb
a(cordance wtth the r8qulrem8nis of thè Chariuès ArA 20111'the Arfl.
I report in r8SP8Ct of my examination of Ihg chantys finBnoal slatgments carri￿1 out und8r sectvjn 145
of th$ 2011 A¢t anil In ¢8rryng Out rny examination I have f￿owed all the applkable Dlrectlons
by the Charmy Cornmission under section 145(Sllbl of thg Act.
Indep8ndant 8xamlnorf$ ¥tatsment
I hove eomplètsd my 8x8min8lron. I confinn Ihal no mate￿1 matters hav8 corne to my altenUC￿ In
GonnBdon ￿th the exatninatiDn gmng mg cau88 to beI￿ve that in any material le5￿t..
accounting reccffds w8re not kept in r8sF*t of ts charity 8$ rgwirgd by 8a¢bon 130 of tho
Act., or
the ftr)andal ststements do not aca)nl vmh those T￿rdS..
finar￿1 statements do Th)t comtty with tt)è appt*aL4è requlr8mènts cort8mkng tho
forrn and cont8nt of a(￿nIS set crtrt *) the Charibes IAc(y)unts and Rep￿5) Regulat￿￿5
2(K)8 oth6[ than Mny r8qyirwngnt Ih8t th8 8ccounts give a 'true and fairf v￿4 whth Is not a
matter consideced as part of an indwndent 8X8mination.
I have no con(%rns and havo wme across no Olher matters in C￿neCtion the examlnadon to
whlch attenuon should b& dT8wn In thL8 reffj in order to ena1￿8 a proper understandiThJ ol the
accounts to be reached.
HarL%h Mlstry FCA FFTA
Chartered acco¢Jntant
Independent EXaM￿er
HBMi5try&Co
Chart8r8d accountants
TL¥Jor House
Mll Lane
Cakni
Reading
Berks RG317RS
Dale 1s1 July 2021

The Reading Hindu Centre
Statement of Flnanclal Actlvltlos
Year ended 31 De￿mber 2020
2020
Unrgstricted
fvnds Totsl funds Tot￿ funds
2019
Nots
Income and endowmonts
Donalknns and legacies
Other trading activities
Total Income
76.8S6
214
76.656
214
105,879
14.326
76.870
76.BTO
120,205
Exp8ndlturo
Exp8ndlture on charftable acmes
Total èxp•ndltur•
&7
52.252
52,252
52.252
72,606
72,606
52252
Net Incomo ar￿ ngt movement in funds
24,618
2&618
47,599
Reconciliation Df fundi
Tot& fvnd5 broughl fmrd
T¢)tal funds wrfgd forward
1,228,645
1,253,263
1,228,645
1,253,263
1.181,1)46
1.228,645
The statgrrgnt of fin3ncig1 actMts6s indudes all gains and bsses rwni88d In tha ygar.
l in(x)me and exper¥Jliure derfve Irom continuing actiwlies.
Tho note5 on pagm 7 10 14fofft part 01th￿ fln8￿[al statBment

The Reading Hlndu Centre
Statement of Financial Position
31 December 2020
2020
2019
Note
Fixed a$$ets
Tangible fixed assets
13
1,251,531
1,253,062
CUT￿nt as$gts
Debtors
C8sh 8t bank and in hand
14
7,664
83,692
91.356
13,346
72,363
85,709
Crodltors.. amounts falllng du8 Wlthin one year
Net current assets
15
11,390
12,760
79,966
72,949
Total as8gt8 le$s ¢urr¢nt Ilabllltles
1,331,497
1.326,011
Crndltors.. amounts fallln9 du8 after more ¢han
one year
16
78.234
97,366
Not ass•ts
1,253,263
1,228,645
Funds of the charlty
Unrestricted funds..
Revaluation reserve
Other unr&stricted income funds
1.019,879
233,384
1,019.879
208.766
Total unr85tricted funds
1.2S3,263
1,228,645
Total chari¢y funds
18
1,253,263
1,228,645
Th858 financial statements were approved by the board ol Iruslees and authorised for issue trn 1Dt July
2021, and are signed tsn behalf of the board by..
Khare
Trustee
Mr Bhatti
Trustee
Th8 not08 on pages 7 to 14 form part of these flnanclal ststements.

The Reading Hlndu Centre
Notes to th& Flnanclal Slatsrnents
Year ended 31 December 2020
G?ngral Infornwtion
The th8rity public benefft entity and a regk8tsred tharity in England and Wales ar.d
uninc(*ptsraled. The address of the prinopal office is 112 Whrtiay Street, Reading, B8rks, RG2
OEQ.
I Statem•nt of ¢ompllon
These ffinanci818tat8m8nts be8n pr8P8rwJ in ¢(￿pIl￿n￿ wth FRS 102, The FinaTrrial
Replwting Standard appl￿ble in the UK and the Republic of Ireland,, the Stst8m8nt of
R6commended Practice apFAicable to charitsès preparfng thelr accounts in accoriJ8nce with Ihe
Flnancial Reporting Standard ap￿￿8b18 in the UK and ReputAK of Ireland IFRS 1021 (Charitie8
SORP IFRS 10211 and the charib.es Act 2011.
A¢￿untIng pollcles
Basls of prep¥ratlon
The finan(yal slalèments haw beon prepared on the htstorit>l iy)st basls. as modif￿￿ by thè
rèvaluation ol certain financial assels and Ikqtiltbgs atKI Investment propertSes meawrod at falr
valw through income or expenditurè.
The fknanoal Stat￿ents are Wepared kn sterlng. which is th8 fijnthonal currency of the enlty.
Golng COn￿M
There a￿ no rnaterial uncertainties abc4rt the d)ariWs a￿litY to contiiue.
Dlsclo8ur• •x•mptlons
Und8r thg small entlty prO￿S1On$ wthin S1A of FRS 102. lh8 chaily claims eKgmptM)n from
prèparing a cash h)w ststeM￿l
Judgements and key source5 of 8stimatlon uncertalnty
The preparation of the financial statements reoulres man&J8rn8nt to make judgemgnts,
e5tirn8tes and a55umptths that affect the amounts reported. These estimates and judg8rn8nts
arè contlnually reviewed ancl a￿ baseo on experien(% and other faciors, induding expectations
of ftrture events that are beI￿ved lo ￿ rea%Y￿bla und8rth8 circumstsnces.
Fund accounting
Fund accounting
Unrgstricted fu￿1$ are available for use at the dis(%etion of the trustees in furtherance of the
purposes of the c*arty. Unrestricted lunds indud& 8 revaluation r8s8rve r8pre5enUng the
restaierrent Df Fregholy property at market Value. RestricLed fund5 ar8 subj8ct8d to reStr￿￿On8
on their expendtturg IMF￿0 bythe donor.

The Reading Hindu Centre
Notes to the Flnanclal Statomonts i¢oni&tru
Yoar ondod 31 D6ceThber 2020
Accountlng polldès iconthu•d)
Incomlng resourc98
Ineom•
I Income Is Induded in Ihe statemerrt of financial activltw the charty is entitled to Ihe
Income. any perfC￿anc• related Lxjndllons attached hav6 boon m8t or are fully wrfthin th8
(x)n:.rol of tha charity, th8 illwmg B IxxY8id8reiJ prOba￿e and the amount can be quantir￿d with
r8asonable accuracy. Thtr fOlk)￿l￿g SFffttfic wAI￿eS arg aprAied to partKular categories of
income.. Donations and *acy income Is received by way of donabons, lègaeA89, grants 8nd gifts
and is induded in full in the Statement of Fina￿al Act1Wt￿ when receivable. Investm6nt income
Is Ineludad whan r&cèivab18. I[￿me tr¢￿ grap.ts. where related lo pertornan￿ and spednc
oeliverables. am ac4X￿nted for as th• charity èwns thg r4hl to conBKlerafion by its P8rforrnanc*.
R￿Qur¢￿ •xpended
Expendlturg b r9c4yJnl8ed on 8n accsuals baws as a Itablllty [5 Inc#Jrred. Expendlture Indudas any
VAT which canp.ot be ftklly recovered. al￿ 18 uThJer headings of the statement of
financwl activities to which it relates..
eynditure on ralsing fijnds Inc4udes the costs of all fundras1￿ actiwties. evonts.
non-th¥ritsbEg Iradiro actrvibes, and the of donated goc*Js.
gxponditurg on (*aritabb aciNilles indudes all costs incuThed by a charity In uThJertaklng
actmlles thal further its tharilable aiTns for ts bgngfft of its benefi￿a￿e3. including those
suppvt Costs and costs relatlng to the g0Veman￿ of thè charfty apporuoned to ch8rMablè
aetmtles.
Dther exwrmliture indudes all expenditure thal i8 neither related to Taislng fijnds lor the
charity nor part of Its exp*)dltum on charit8b￿ acb'viti88.
I cfjsls are all￿ated to expeThllture categofles relledro the use (rf the resource. Direct costs
attribLrta￿e to a acbvity are 8lk>ca18d diredy to tw actwty. Shared costs are apportioned
t)etween th8 activit'es they oJntriLwJla to ￿ a reasL￿￿e. justsfiabla and consislanl basis.
T#nglblè ass8t5
Al fixed assets a￿ Initislly rw)rd9d 81 lx
Tanglbl& fixed assets otber than freeh(Ad land are 5131gd al rx)st or Wdlu8lM)n te58 depreckgtion.
Freehold Property
2% on cost
No depr8clation is prowded in resp8Ct of free￿d knd. No depreciation Is prov6ded on the
fr86hold buildings as in tho opinK)n of the Executive Commiltee the reshlu81 value of the bulldlng
wlll not be less than deerned c05t of the buikling as the bulldiTrJ ￿ maintained to such a high
standard.
Dèpreciation
DeprecialK)n 15 cakxjlated so as to vthle off the cosl or vabjation of an ass8t. less its residual
value. ovér the useful 8conornic life of that asset as fdh)ws.'
Equipment
33% strawJht line

The Reading Hindu Centre
Notss to the Flnanclal Slatements
Yoar ended 31 December 2020
Accountlnq pollciets {¢onthJu•O
IMpaI￿nt oflx•d assèts
A rewgw for indicators uf impalThenl Is carrfed out al 83th rèpor&ng date, with the recoveratA8
amount belng eslmated where such indicators ￿$t Where carrying valu8 excèèds tha
r8cov•rable amount, the assel ss imwred a(xthingly. Prfor Impalrments are alw ￿¥laW&d for
posSi￿e rev8rsal at e8th r8fK*UThJ data.
For th8 purpD89s Of ifflpaiirnent testing. when it is not rKJ8siblè to &stlmate the woverab
amount of an indlvldual asset, an estimate ts made of the recoverable amount of the
ca$￿generatIng unil to which the asset be￿￿￿. The cash*eneralng unlt Ls the smallest
Identrfiable group of 8ssetS that Indudes the asset and gengratas eash inflows that largely
ind8p8nd8nt of tha Cash In11￿ from other a5seis or groups of a5Set5.
Flnanclal Instruments
A flnancdal asset or a financial Iktbilty Is recognlwj only when the entity LEcDme5 a party to Ihg
contractU81 pro￿sKIn$ of the knsirumenL Basic financial instrutllents are inltially recognised at ths
omount receivabk or payable includiro any related transactlon costs, unless thg arrgngement
￿￿￿tItut&S a finanryro transaetK)n, 7*thwe it is recogniB&J al the pre58nt valuè of th8 future
pa￿ants di9¢￿nl￿d at 8 markel rate of intemst lor a sirniLgr debt instrument.
Cu￿8nt assets and cuThenl liabil￿8$ are 8ub¥wugnlfy measured at the c8sh or other
c¥)nsideration exp8cbl to be paKI ￿ r￿1¥￿1 and not dk8L￿nI￿￿.
Debt instruments arg $uts8qLwnty m&asu￿j at amortised cosL
Financlal assats thBI are measured at cost or amorbsed cost ar8 re￿eWed for objectiv8 8vidèr
ol impaimient at the end ol each rewrtiTrJ datg. tf Yjere is ￿leCt￿e evidence of impairynent, an
impaimient loss is recx)gnised und8r th8 8PtKowlate headlng in the stalemont of financlal
activit￿8 in th8 initial galn was ract￿nIsed.
For 811 equty instruments regardless of sunfficanctr. and olher finandal assets that 8rè
individually slgnificant. these are assessed indNidudly impairment. Other financial assètg are
either a6sessed indNNJuaJly or group￿1 on the ba* of sirnilar credit risk charact8ryStk5.
Any reversals of impaimenl arg re(yyJnised irnrnedK4tely. io the extent that th8 r8v8rs81 (k)es not
result in a Ixrryng amount of the flnandal asset that exc99d$ what the carrwng arnounl would
hav8 baèn had thè impaim)ent Thjt PTewousty be8Th re¢ryJni5ed.
Detlngd contrfbutlon plans
Contrfbulions lo defined contributK)n plans are recognised as an eypen8e in the period in whith
the r81818d i% provlded. Prepaid contributions are recGynised Bs an asset to the gxtent
thatthe prepa￿nent wll lead lo a reduction in hrture pawnents or a cash refund.
When Contr1t￿on$ are Th)1 expected to b9 8ettbd whdty wlthln 12 monlhs of thè etml of the
reporting dale in which the empk)yees rerNJer the related servi¢e, the liability is measured on
dlscoun18d pre58nt valu8 basls. The unwinding of tne di8cwnl 15 recognised as an expen58 in
the p8ri0d in which it artses.

The Reading Hlndu Centre
Notos to tho Flnanclal Statements
Year onded 31 December 2020
Donatlons and l•gacl•s
Unmstrid8d Tolal FundJ Unrestricted Tot81 Funds
Funds
2020
Funds
2019
Donatlon$
Donations
Money box ¢(AWion8
Charity membership f
sits
Religiou8 actiwtie8 (Pujas)
Hlre of centre resourc85
Gift Aid cL8im8d
30.1 $6
¥J,875
30.156
23.875
49.223
29.447
25
30
8.147
11.781
7.226
49,223
29.447
25
30
8.147
11.781
7,226
2.922
3,663
8,748
3.663
8.746
Grants
HMRC Covid 19 Job Retenti￿ suwort
6,807
76,656
6W7
7Q656
105,879
105,879
Oth•r tradlng actlvltl•s
UnrÈstriLtsY Total Funds Unrestric￿1 Total Funds
FuThd$
Funds
2019
S818 ol chunni. etG
Activlties for generating fur
214
214
9.437
4,889
14.326
4,889
14,326
214
214
Expendlturo on charltabl• actlvttl•s by fund ty
Unrestrfct8d Total Funds Unrestricted Totsl Funds
Funds
2020
Funds
2019
Promotlng the Hindu relvJK
SupFth c¢>sts
49.521
2,731
52.252
49,521
2,731
52,252
68,387
4.219
72.606
68,387
4,219
72,606
Exp8ndlturn on charltabje actlvltles by a￿ytytyp•
uThJertaken
direcuy Support ￿sts
Total funds
2020
Total fund
2019
Prowoting th8 Hindu religKJn
Gov6mancé costs
49.521
49.521
2.731
68,387
4.219
2,731
49,521
2,731
52.252
72.806
10-

The Reading Hindu Centre
Notes to the Flnancial Statements (¢onttnu8dJ
Year ended 31 December 2020
Analysls of support costs
2020
2019
Govem8nce costs- Ac(x)untsncy ¢yJsts
Govemance COS￿ L￿31 and othèr prolessbnal f•8s
Total
2.730
4.069
150
2,730
4,219
N•1 Éncom
Nat inc4)m& is stated Afterchargi￿1￿ed1lII￿JI.
2020
2019
DeprecSatlon of tanglble fixed assets
1,531
4,935
10. Ind•pondent oxamlnatlon f••s
2020
2019
Foas payablg to the lThJ8pondont oxamln8rfor.
Inde￿ndent examination of th8 financi￿ 8tatwnents
2,000
2,000
11. Staff costs
Th& total staff ￿)sts aThY empbyee benefts rep[￿tIng p8Thod are 8natys6d as folhM.'
2020
2019
WaJes and saLarfès
Emphjyer contribubor6 to penB*)n plans
16,969
260
15.822
267
17?29
18,089
The average heal C￿nt of empbyees dudng Ihe year was 212019.. 11. Tho avoragg numb8r of
fvll-time equivalent employees during the year analysed as frAIr￿..
2020
No.
2019
No.
Number of siaff - Religious
Number ofstaff - Maintenance
Mo em ￿0Yee receiwj emF40sw ben&fits of rn0￿ than £60.0￿ during the year12019.. Nill.
12. Trustse r¢muneratl¢)n and #xpen$
No rgmuner8b.on or 0th8r benefits from emFAoyTn8nt with tha th8rity or a related enuty wera
rB¢eived by the trustoes.
11

The Reading Hindu Centre
Notes to the Flnanclal Statements fcLvJllnrMdJ
Yaar ended 31 December 2020
13. Tangiblè tIx8d as88ts
Freehokl
Equipment
Total
Cost
At 1 January 2020 and 31 D•c•mbv 2020
Depr&¢latlon
At 1 January 2020
Charge f¢x the year
At 31 December 2020
1.250,0(MI
26.143
1.276.143
23,081
1.531
23,081
1.531
24,612
24,612
ca￿n9 amount
At 31 Doeombor 2020
1250.￿0
1250.O)0
1,531
1.251.531
1.253,062
At 31 Decernbw 2019
3,062
Thè freehc4d pro￿ty at 112 Whitley Str881, Reading included In the accounts was acqulred In
1997. The freeh(Ad property were revalued at open n7athet value by Fairwealhers Chartered
Surveyors as al 31st December 2015. Ivlth assum￿ vatrant P05S85sionl The charity h8s lak8n
dvontsge of thg trarbsitional provBK)n8 availabb in thè FRS 1(Y2 to cary those assets at that
alue less deP￿12t￿n in subsequent ye8rs. Subsgquent additions to freehold land and buildings
are Included at cosL
The ctmparable amounts freel￿ pKyerty under hlstedcal cost conventicl) were..
2020
Cost
Surplus on revaluation
230.121
389,879
600,000
The title of the freehohj property & vasied in Ihè Offici81 tstodKqn of Charitw on b8haff of tho
Readlng Hlndu Cèntrè.
1& DebtorB
2020
2019
Prepayments and acuued in¢rMne
7.664
13,346
12-

The Reading Hlndu Centre
Not￿ to the Flnanclal Staternents (¢￿th
Year ended 31 December 2020
15. Cradltors: amounts falling due wllhln one year
21Y20
2019
Bank loan8 and overdrafts
Trade cmdkors
Accruals and delarrnd incom8
)cial security and other taxes
7.201
9,038
380
3,000
3.530
11.390
12.760
l& Crgdltor¥'. amounts falllng du• aft•r mor• than one year
2020
2019
Bank loans and ov8idrafts
78.234
97.366
17. P¢nslonB and other postrfetlrement bgnefft8
Definod contrfbutlon plans
The amount r8￿nised in Inc￿ or exp￿rtUr8 sn oxpen89 in rel8tion to defin&
ContribU￿on plans was £26012019: £267).
18. Anolys1$ of thaTltabl¢ funds
Unrestrfctid funds
1 January 202
31 D•c•mber
2020
InCc￿e Exp8ndMur8
General funds
Revaluation r8S8rva
208.766
1,019.879
76,870
{52.2521
233,384
1,019,879
1.228.645
76,870
152,2521 1253,263
Al
31 Docomber
2019
1 January 201
Income Expendrture
G&ner81 lunds
Revaluation ￿SerVe
161.167
1,019,879
120.205
172,6061
208,766
1,019.879
1.181.046
120,205
172,6061 1,228.645
13-

The Reading Hindu Centre
Notes to the Flnanclal Statemonts
Year endèd 31 Decèmbor 2020
19. Anal￿1• of net ¥8118ts bgtwgon lunds
Unr95tricled Total Funds
Funds
2020
Tangible flxed assets
Currsnt ass8ts
Creditors g￿ater than 1 year
Net assets
1,251,531
79,966
(78,2341
1.253,263
1251,531
79,966
178,2341
1253,263
Unrestdcted Toial Funds
Funds
2019
Tanglble fixed assets
Current asset8
Credit9￿ 9reatgr than 1 yogr
Ngt
1.253,062
72,949
197.3661
1,228,645
1.253,062
72,949
197,3661
1,228.645
20. R*lat•d patl•s
Exocutlv• Commlrt•e
None of the Exeath've Commitlee(or any persons o)nnected themlrecefved any
rarnuntrr8tion during th¢ ye8r, but 2 of Ihe Executyve Committee ￿re reimbursed a total of
£282.45 fDr out of pocket expww inLvrr8d for the c8ntr8.12019.' 3 of the Execu￿@ Commrtte8
wom reimburs￿ £1,354.43}.
-14-

The Reading Hindu Centre
Managoment Inforniallon
Year ended 31 De¢embor 2020
The followlng pag•s do not ft>rm part ¢rf the flnan¢lal stat•mgnts.
-15-

The Reading Hindu Centre
Detalled Ststement of Flnanclal Actlvities
Year ended 31 December 2020
2020
2019
Income and ¢ndowrnent5
Donatlons and legacles
Donations
Money box c￿leCt￿nS
Charity m8rnb8rship fèès
Visits
RBIKJious actNit￿S (Pulasl
Hire of wlre re80urces
GTR cl8im8d
HMRC Covld 19 Job Retentlon SUFWt
30.156
23.875
49.223
29,447
25
30
8,147
11,781
7,226
2,922
3,663
8,746
6N7
76,656
105.879
Oth•r tradlng actlvltles
Sale of chunni, books etc
Activities for gEner8ting tunds
214
9,437
4,889
14,326
214
Total Income
7&870
120.205
Expendlture
Ex￿ndItUT& on charrtab￿ advlll•s
Wages and salaries
Porrion Costs
Rates and water
LvJhl and heat
Rèpalrs and malntanancs
Insurance
Other establishment
L8gal and professlonal fees
Tglephone
other officè ￿StS
Depreoation
Inter8St on b8r* k)8n5 and 0vgrdr8fts
F8stIv￿ éxpèns8S
ConSuma￿&S
Cultural ptherB pa￿nent
16.969
15,822
267
$9S
9,500
10,559
1,401
8.16e
4.219
617
671
4,935
3,827
1,600
5,762
4.665
741
13231
16,916
1,238
4.418
2.731
195
1.s31
2.765
3,333
830
52.252
72.606
Total •xp•ndltur•
51252
72.606
Net I￿oMe
24,618
47.599
16-

The Reading Hindu Centre
Notès to the Detsllod Statement of Financial Actlvltlos
Yoar ended 31 December 2020
2020
2019
Exppndlture on ¢harltablo aett¥6tl•s
Promotlng the Hlndu rellgion
Acti￿tI&$ undwtèken dlrnctly
Wages and sal8ries
Ernployer Pension contribulv
R8le5 & water
ghl & hèat
Repairs & makntanan(
In3urance
Cleaning and brd8te disposal
Telephonè and t818wslon
Other office costs
D6pretration
Dir6Ct charitable activity 1- Interest on bank k)ans and overdrafts
Festival exp8nses
consuMat￿O8
Cultural pe.rfom)ers paymènt
11969
260
741
(3231
16.916
1.238
4,418
648
195
1.531
2,765
15,822
287
595
9,500
10,559
1,401
8,166
671
4.935
3.827
1,600
5,762
4,665
3,333
830
49.521
68,387
Governance c05t5
Govemance costs- acixjuntsrwfees
Govemanc& costs- legal and oth8r [￿feSsiOnal fees
2.731
4,070
149
2.731
4.219
Expendltur# on chorftablo actlvttl•s
51252
72.606
17-

CHARrrY REGWRATION NUMBER: 1115850
The Reading Hindu Centre
Unaudited Financial Statements
31 December 2020
HARISH MISTRY FCA FFTA
Chartered accountants
HBMistry&Co
Tudor House
Mill Lane
Calcot
Reading
RG317RS

The Readlng Hindu Centre
Flnanclal Statements
Y8ar onded 31 December 2020
Page
Trustees, annual report
Independent examinels report to the trustees
statement of financial gctivthes
Statement of financial position
Notes to the finanGial statements
The followlng pages do nol fomi part of the flnanclal statomants
Detailed statement of financial activttses
16
Notes to th8 detailed ststsment of financial adwtbes
17

The Readlng Hindu Centre
Trustees. Annual Roport
Year ended 31 Decombar 2020
The tm8tses present their repL¥I and the unaudited finontyal statements of the ¢h8rty for the year
ended 31 D8(*mbèr 2020.
R•far•nc• and admlnlstratlv• deiall*
R•glstered ¢harlty nam•
The Re•Jing Hindu Cèntre
Charlty roglstratlon nurnb•r
1115850
Prlnelpal offl¢e
l12wh￿YStre0t
Rsading
RG2 OEQ
Th• tntstees
Mrs Srirnm
Dr A Khare
Mr Bhatti
Mr K Mehra
Tha trustees
Dr A6hok1th8re
r Bhupendrg Sankhl8
Mr Vijay Misty
Mr Govind Bhatti
Mr Srlkrishrw) Srfram
Mr Bhupendra Sodha
Mr Sunil Mehan
Mrs Khushboo P8nwar
Mr Laxman Chouhan
Mr Karan Mehra
Mr Shashi K Mavhin
Chairnian
Vice Ch8irrnpn
Secretary
Trèasur
J￿nt Trea5ur8r I￿￿gned 13th June 20201
El￿18d mamber
Events Co-ordinator & Web Man
JDint Events c<￿￿￿8t0r & Publlclty
Elected mernbsr
EloctNI tnernber lappolnted Jwl Tr8&8urer 13th June 20201
Property Manager
Indwpenderrt examlner
Harish M*lry FCA FFTA
Charterod a¢¢ountanl
Twlor House
li15 Lane. Calcot
Readir
Berks RG317RS

The Reading Hindu Centre
Trustees. Annual Report
Yoar ended 31 December 2020
Struoturg* govemance and managem•nt
Th¢ ¢harlty L8 cryanisod under a ￿￿StstutiOn approved on 5 August 21M)6.
The Charity is managed, on beha￿ of th8 merntrRrB, by an Fxecutwe Committèe. a third ol which i
elected every year at the annual general meètiThJ hèkl b8for8 30 June. The Executlve Commlttee
mèmbèrs duriThJ th8 year are detalled on page 1 of th8sg finawal ststgments. All of the members
provid&d their sorvic8s Irao ol eh8rgg. No membw had a materkal inierest In any eontract ol
S￿nIficance to which the Charity wa5 a party duriryJ thg ye8r.
ThE ExeculNe Gomrnittee ha8 assessed the malor rtsks to which thè Charity is 8XPD8ed, and Is
sadsfled that systams are in place to rniti'gate exF¥)SU￿to the major risks.
Oblectlvg5 and a¢dvltSes
The oi¥eds of the Charity are by such m•ans as arg th8ritab18 to promot8 th8 Hindu relulon, to
provldè 8 plac8 of wor8hip forfollower5 of the HiTrJu religion and to prL*nolfj 8n¢J 9ncourage the valu88
of the HlThJu faith for the t*n8fft of the wtAic at large.
The Charity shal te pc4itkally non4llgr*d.
Tha eharily thY)rk8 whh, and pericxyically ￿elVeS requesis fL* SUPPDrt frorn othgr o*artli9B and
organisations knith similar ti*éctivès. Th8 merits crf eaol case are consl(lered by the Exec4JtNe
Committee. From time to time they a9re9 to ¥uFwrt. by way of a m¢)dest grant, vthere such Is
p6rceivgd to be of rnutual bengfft to both partie&
We have referred lo the gukl8ncè conlained in the Charity Commissp)n's general guldance on publ1¢
benefit when revie￿ng our aims and 0tr4•cUv8s and in pL4nning CAJr futur8 acti￿t￿5.
Achkv•m•nts and performance
The Reading Hindu Centre promdes a fixxl tx)int for wh￿h promot6s hamiony betwaèn
various communities in ReadlThJ. The celtre houses 8 bgautrful temp￿ which is open to all and all
religious activit￿¥ aro $ucce58fully held at the centre.
The centre en￿￿￿TageS Use of ts faulitse5 lor aLYiwiEs whlth promt& s￿ritUal￿ and hèathy liwng.
Covid 19 Pandemic
The activit￿S of the charfty We￿ curtailed due to Compliance with the Jod( down guld8nce Issued
under Covid 19 pandemlc. The h)d( down had a tnajor impacl on the Income ol the charity which
relles on voluntary donaLions. The IrKorne dedined by 27%.
Th8 centre wos thsed for 8Jl major ￿b¥a￿8S and whenever. pc6sible sw"rlbJal dk%ex)u￿È$ and prayèrs
were conducted virtualty for the beneftt olthè ￿)mMUnty.

The Reading Hindu Centre
Trustees. Annual Report {eoniinwdl
Year ended 31 December 2020
Flnanc5al review
The detailed financial position ol the charity is shown in the financial stat8menls attached. The
Ex8culiv8 Committee are pleased to report that through judicious management of the Charitls
finances, the charity has shown a net surplus income over expenditure of £24,61812019 £47,599).
Re$erve$ Policy
It is the policy of th8 Charity that unrestricted funds which have not b88n designated for a specifi¢ use
should be maintained al a level equivalent lo between six and nine Tnonth's expenditure. Th8
Executive Committee consider that reserves al this 18vel will ensure that, in the event of a si9nificant
drop in funding. they will be able to continue th8 Charitys current activities while consideration 15 given
to ways in which additional funds may be raised. This level of reserves h8s been maintained
throughout th8 year. Reserves are a150 required to fund any unexpected repairs to the building on
which the charity relies on its activities.
Rlsk management
The charity 15 dependent on donations and along with the gift aid it ha5 8n8bled the charity to
undertake improvements and repairs lo the cenlre. The Executive committee Is confident that the
support and goodwill of the members and public 98nerally, will enable the Charity to meel its ongoing
financial ¢ommitm8nts.
The Ex8CUtivo Committee manages the ￿ntre.$ risk by regular r9Vl8ws of health and safely
procedures. fire protection procedures and ensuring adequ8te insuranc8s are In place lor the Centre.
Plans for future period5
The c8ntr8 will continuè with ils daily religious programrne which ar& w811 published on its website.
The centre renovation work will continue subject lo receipt of donations and availability of funds.
The trustees, annual report was approved on 1BI July 2021 and signed on behalf of th8 board of
trustees by..
Dr Ashok Khar8
Chairman
Mr Govind Bhatli
Treasurer

The Readlng Hlndu Centre
Independent Examlnevs Report to tho Trustees of The Readlng Hlndu Centre
Year ondod 31 Decernber 2020
I report to the bustees on my oxamin8tion of the finar￿le4 8tstements of The R&￿ing Hindu C8nlre
I'the charllll for th8 year ended 31 Dectrmber 2020.
R•sponslbllltl•s ènd b#811 of report
As the trustees ol the charty you are rEStM)nsibb for the preparation of the financ￿1 stalern8nts irb
a(cordance wtth the r8qulrem8nis of thè Chariuès ArA 20111'the Arfl.
I report in r8SP8Ct of my examination of Ihg chantys finBnoal slatgments carri￿1 out und8r sectvjn 145
of th$ 2011 A¢t anil In ¢8rryng Out rny examination I have f￿owed all the applkable Dlrectlons
by the Charmy Cornmission under section 145(Sllbl of thg Act.
Indep8ndant 8xamlnorf$ ¥tatsment
I hove eomplètsd my 8x8min8lron. I confinn Ihal no mate￿1 matters hav8 corne to my altenUC￿ In
GonnBdon ￿th the exatninatiDn gmng mg cau88 to beI￿ve that in any material le5￿t..
accounting reccffds w8re not kept in r8sF*t of ts charity 8$ rgwirgd by 8a¢bon 130 of tho
Act., or
the ftr)andal ststements do not aca)nl vmh those T￿rdS..
finar￿1 statements do Th)t comtty with tt)è appt*aL4è requlr8mènts cort8mkng tho
forrn and cont8nt of a(￿nIS set crtrt *) the Charibes IAc(y)unts and Rep￿5) Regulat￿￿5
2(K)8 oth6[ than Mny r8qyirwngnt Ih8t th8 8ccounts give a 'true and fairf v￿4 whth Is not a
matter consideced as part of an indwndent 8X8mination.
I have no con(%rns and havo wme across no Olher matters in C￿neCtion the examlnadon to
whlch attenuon should b& dT8wn In thL8 reffj in order to ena1￿8 a proper understandiThJ ol the
accounts to be reached.
HarL%h Mlstry FCA FFTA
Chartered acco¢Jntant
Independent EXaM￿er
HBMi5try&Co
Chart8r8d accountants
TL¥Jor House
Mll Lane
Cakni
Reading
Berks RG317RS
Dale 1s1 July 2021

The Reading Hindu Centre
Statement of Flnanclal Actlvltlos
Year ended 31 De￿mber 2020
2020
Unrgstricted
fvnds Totsl funds Tot￿ funds
2019
Nots
Income and endowmonts
Donalknns and legacies
Other trading activities
Total Income
76.8S6
214
76.656
214
105,879
14.326
76.870
76.BTO
120,205
Exp8ndlturo
Exp8ndlture on charftable acmes
Total èxp•ndltur•
&7
52.252
52,252
52.252
72,606
72,606
52252
Net Incomo ar￿ ngt movement in funds
24,618
2&618
47,599
Reconciliation Df fundi
Tot& fvnd5 broughl fmrd
T¢)tal funds wrfgd forward
1,228,645
1,253,263
1,228,645
1,253,263
1.181,1)46
1.228,645
The statgrrgnt of fin3ncig1 actMts6s indudes all gains and bsses rwni88d In tha ygar.
l in(x)me and exper¥Jliure derfve Irom continuing actiwlies.
Tho note5 on pagm 7 10 14fofft part 01th￿ fln8￿[al statBment

The Reading Hlndu Centre
Statement of Financial Position
31 December 2020
2020
2019
Note
Fixed a$$ets
Tangible fixed assets
13
1,251,531
1,253,062
CUT￿nt as$gts
Debtors
C8sh 8t bank and in hand
14
7,664
83,692
91.356
13,346
72,363
85,709
Crodltors.. amounts falllng du8 Wlthin one year
Net current assets
15
11,390
12,760
79,966
72,949
Total as8gt8 le$s ¢urr¢nt Ilabllltles
1,331,497
1.326,011
Crndltors.. amounts fallln9 du8 after more ¢han
one year
16
78.234
97,366
Not ass•ts
1,253,263
1,228,645
Funds of the charlty
Unrestricted funds..
Revaluation reserve
Other unr&stricted income funds
1.019,879
233,384
1,019.879
208.766
Total unr85tricted funds
1.2S3,263
1,228,645
Total chari¢y funds
18
1,253,263
1,228,645
Th858 financial statements were approved by the board ol Iruslees and authorised for issue trn 1Dt July
2021, and are signed tsn behalf of the board by..
Khare
Trustee
Mr Bhatti
Trustee
Th8 not08 on pages 7 to 14 form part of these flnanclal ststements.

The Reading Hlndu Centre
Notes to th& Flnanclal Slatsrnents
Year ended 31 December 2020
G?ngral Infornwtion
The th8rity public benefft entity and a regk8tsred tharity in England and Wales ar.d
uninc(*ptsraled. The address of the prinopal office is 112 Whrtiay Street, Reading, B8rks, RG2
OEQ.
I Statem•nt of ¢ompllon
These ffinanci818tat8m8nts be8n pr8P8rwJ in ¢(￿pIl￿n￿ wth FRS 102, The FinaTrrial
Replwting Standard appl￿ble in the UK and the Republic of Ireland,, the Stst8m8nt of
R6commended Practice apFAicable to charitsès preparfng thelr accounts in accoriJ8nce with Ihe
Flnancial Reporting Standard ap￿￿8b18 in the UK and ReputAK of Ireland IFRS 1021 (Charitie8
SORP IFRS 10211 and the charib.es Act 2011.
A¢￿untIng pollcles
Basls of prep¥ratlon
The finan(yal slalèments haw beon prepared on the htstorit>l iy)st basls. as modif￿￿ by thè
rèvaluation ol certain financial assels and Ikqtiltbgs atKI Investment propertSes meawrod at falr
valw through income or expenditurè.
The fknanoal Stat￿ents are Wepared kn sterlng. which is th8 fijnthonal currency of the enlty.
Golng COn￿M
There a￿ no rnaterial uncertainties abc4rt the d)ariWs a￿litY to contiiue.
Dlsclo8ur• •x•mptlons
Und8r thg small entlty prO￿S1On$ wthin S1A of FRS 102. lh8 chaily claims eKgmptM)n from
prèparing a cash h)w ststeM￿l
Judgements and key source5 of 8stimatlon uncertalnty
The preparation of the financial statements reoulres man&J8rn8nt to make judgemgnts,
e5tirn8tes and a55umptths that affect the amounts reported. These estimates and judg8rn8nts
arè contlnually reviewed ancl a￿ baseo on experien(% and other faciors, induding expectations
of ftrture events that are beI￿ved lo ￿ rea%Y￿bla und8rth8 circumstsnces.
Fund accounting
Fund accounting
Unrgstricted fu￿1$ are available for use at the dis(%etion of the trustees in furtherance of the
purposes of the c*arty. Unrestricted lunds indud& 8 revaluation r8s8rve r8pre5enUng the
restaierrent Df Fregholy property at market Value. RestricLed fund5 ar8 subj8ct8d to reStr￿￿On8
on their expendtturg IMF￿0 bythe donor.

The Reading Hindu Centre
Notes to the Flnanclal Statomonts i¢oni&tru
Yoar ondod 31 D6ceThber 2020
Accountlng polldès iconthu•d)
Incomlng resourc98
Ineom•
I Income Is Induded in Ihe statemerrt of financial activltw the charty is entitled to Ihe
Income. any perfC￿anc• related Lxjndllons attached hav6 boon m8t or are fully wrfthin th8
(x)n:.rol of tha charity, th8 illwmg B IxxY8id8reiJ prOba￿e and the amount can be quantir￿d with
r8asonable accuracy. Thtr fOlk)￿l￿g SFffttfic wAI￿eS arg aprAied to partKular categories of
income.. Donations and *acy income Is received by way of donabons, lègaeA89, grants 8nd gifts
and is induded in full in the Statement of Fina￿al Act1Wt￿ when receivable. Investm6nt income
Is Ineludad whan r&cèivab18. I[￿me tr¢￿ grap.ts. where related lo pertornan￿ and spednc
oeliverables. am ac4X￿nted for as th• charity èwns thg r4hl to conBKlerafion by its P8rforrnanc*.
R￿Qur¢￿ •xpended
Expendlturg b r9c4yJnl8ed on 8n accsuals baws as a Itablllty [5 Inc#Jrred. Expendlture Indudas any
VAT which canp.ot be ftklly recovered. al￿ 18 uThJer headings of the statement of
financwl activities to which it relates..
eynditure on ralsing fijnds Inc4udes the costs of all fundras1￿ actiwties. evonts.
non-th¥ritsbEg Iradiro actrvibes, and the of donated goc*Js.
gxponditurg on (*aritabb aciNilles indudes all costs incuThed by a charity In uThJertaklng
actmlles thal further its tharilable aiTns for ts bgngfft of its benefi￿a￿e3. including those
suppvt Costs and costs relatlng to the g0Veman￿ of thè charfty apporuoned to ch8rMablè
aetmtles.
Dther exwrmliture indudes all expenditure thal i8 neither related to Taislng fijnds lor the
charity nor part of Its exp*)dltum on charit8b￿ acb'viti88.
I cfjsls are all￿ated to expeThllture categofles relledro the use (rf the resource. Direct costs
attribLrta￿e to a acbvity are 8lk>ca18d diredy to tw actwty. Shared costs are apportioned
t)etween th8 activit'es they oJntriLwJla to ￿ a reasL￿￿e. justsfiabla and consislanl basis.
T#nglblè ass8t5
Al fixed assets a￿ Initislly rw)rd9d 81 lx
Tanglbl& fixed assets otber than freeh(Ad land are 5131gd al rx)st or Wdlu8lM)n te58 depreckgtion.
Freehold Property
2% on cost
No depr8clation is prowded in resp8Ct of free￿d knd. No depreciation Is prov6ded on the
fr86hold buildings as in tho opinK)n of the Executive Commiltee the reshlu81 value of the bulldlng
wlll not be less than deerned c05t of the buikling as the bulldiTrJ ￿ maintained to such a high
standard.
Dèpreciation
DeprecialK)n 15 cakxjlated so as to vthle off the cosl or vabjation of an ass8t. less its residual
value. ovér the useful 8conornic life of that asset as fdh)ws.'
Equipment
33% strawJht line

The Reading Hindu Centre
Notss to the Flnanclal Slatements
Yoar ended 31 December 2020
Accountlnq pollciets {¢onthJu•O
IMpaI￿nt oflx•d assèts
A rewgw for indicators uf impalThenl Is carrfed out al 83th rèpor&ng date, with the recoveratA8
amount belng eslmated where such indicators ￿$t Where carrying valu8 excèèds tha
r8cov•rable amount, the assel ss imwred a(xthingly. Prfor Impalrments are alw ￿¥laW&d for
posSi￿e rev8rsal at e8th r8fK*UThJ data.
For th8 purpD89s Of ifflpaiirnent testing. when it is not rKJ8siblè to &stlmate the woverab
amount of an indlvldual asset, an estimate ts made of the recoverable amount of the
ca$￿generatIng unil to which the asset be￿￿￿. The cash*eneralng unlt Ls the smallest
Identrfiable group of 8ssetS that Indudes the asset and gengratas eash inflows that largely
ind8p8nd8nt of tha Cash In11￿ from other a5seis or groups of a5Set5.
Flnanclal Instruments
A flnancdal asset or a financial Iktbilty Is recognlwj only when the entity LEcDme5 a party to Ihg
contractU81 pro￿sKIn$ of the knsirumenL Basic financial instrutllents are inltially recognised at ths
omount receivabk or payable includiro any related transactlon costs, unless thg arrgngement
￿￿￿tItut&S a finanryro transaetK)n, 7*thwe it is recogniB&J al the pre58nt valuè of th8 future
pa￿ants di9¢￿nl￿d at 8 markel rate of intemst lor a sirniLgr debt instrument.
Cu￿8nt assets and cuThenl liabil￿8$ are 8ub¥wugnlfy measured at the c8sh or other
c¥)nsideration exp8cbl to be paKI ￿ r￿1¥￿1 and not dk8L￿nI￿￿.
Debt instruments arg $uts8qLwnty m&asu￿j at amortised cosL
Financlal assats thBI are measured at cost or amorbsed cost ar8 re￿eWed for objectiv8 8vidèr
ol impaimient at the end ol each rewrtiTrJ datg. tf Yjere is ￿leCt￿e evidence of impairynent, an
impaimient loss is recx)gnised und8r th8 8PtKowlate headlng in the stalemont of financlal
activit￿8 in th8 initial galn was ract￿nIsed.
For 811 equty instruments regardless of sunfficanctr. and olher finandal assets that 8rè
individually slgnificant. these are assessed indNidudly impairment. Other financial assètg are
either a6sessed indNNJuaJly or group￿1 on the ba* of sirnilar credit risk charact8ryStk5.
Any reversals of impaimenl arg re(yyJnised irnrnedK4tely. io the extent that th8 r8v8rs81 (k)es not
result in a Ixrryng amount of the flnandal asset that exc99d$ what the carrwng arnounl would
hav8 baèn had thè impaim)ent Thjt PTewousty be8Th re¢ryJni5ed.
Detlngd contrfbutlon plans
Contrfbulions lo defined contributK)n plans are recognised as an eypen8e in the period in whith
the r81818d i% provlded. Prepaid contributions are recGynised Bs an asset to the gxtent
thatthe prepa￿nent wll lead lo a reduction in hrture pawnents or a cash refund.
When Contr1t￿on$ are Th)1 expected to b9 8ettbd whdty wlthln 12 monlhs of thè etml of the
reporting dale in which the empk)yees rerNJer the related servi¢e, the liability is measured on
dlscoun18d pre58nt valu8 basls. The unwinding of tne di8cwnl 15 recognised as an expen58 in
the p8ri0d in which it artses.

The Reading Hlndu Centre
Notos to tho Flnanclal Statements
Year onded 31 December 2020
Donatlons and l•gacl•s
Unmstrid8d Tolal FundJ Unrestricted Tot81 Funds
Funds
2020
Funds
2019
Donatlon$
Donations
Money box ¢(AWion8
Charity membership f
sits
Religiou8 actiwtie8 (Pujas)
Hlre of centre resourc85
Gift Aid cL8im8d
30.1 $6
¥J,875
30.156
23.875
49.223
29.447
25
30
8.147
11.781
7.226
49,223
29.447
25
30
8.147
11.781
7,226
2.922
3,663
8,748
3.663
8.746
Grants
HMRC Covid 19 Job Retenti￿ suwort
6,807
76,656
6W7
7Q656
105,879
105,879
Oth•r tradlng actlvltl•s
UnrÈstriLtsY Total Funds Unrestric￿1 Total Funds
FuThd$
Funds
2019
S818 ol chunni. etG
Activlties for generating fur
214
214
9.437
4,889
14.326
4,889
14,326
214
214
Expendlturo on charltabl• actlvttl•s by fund ty
Unrestrfct8d Total Funds Unrestricted Totsl Funds
Funds
2020
Funds
2019
Promotlng the Hindu relvJK
SupFth c¢>sts
49.521
2,731
52.252
49,521
2,731
52,252
68,387
4.219
72.606
68,387
4,219
72,606
Exp8ndlturn on charltabje actlvltles by a￿ytytyp•
uThJertaken
direcuy Support ￿sts
Total funds
2020
Total fund
2019
Prowoting th8 Hindu religKJn
Gov6mancé costs
49.521
49.521
2.731
68,387
4.219
2,731
49,521
2,731
52.252
72.806
10-

The Reading Hindu Centre
Notes to the Flnancial Statements (¢onttnu8dJ
Year ended 31 December 2020
Analysls of support costs
2020
2019
Govem8nce costs- Ac(x)untsncy ¢yJsts
Govemance COS￿ L￿31 and othèr prolessbnal f•8s
Total
2.730
4.069
150
2,730
4,219
N•1 Éncom
Nat inc4)m& is stated Afterchargi￿1￿ed1lII￿JI.
2020
2019
DeprecSatlon of tanglble fixed assets
1,531
4,935
10. Ind•pondent oxamlnatlon f••s
2020
2019
Foas payablg to the lThJ8pondont oxamln8rfor.
Inde￿ndent examination of th8 financi￿ 8tatwnents
2,000
2,000
11. Staff costs
Th& total staff ￿)sts aThY empbyee benefts rep[￿tIng p8Thod are 8natys6d as folhM.'
2020
2019
WaJes and saLarfès
Emphjyer contribubor6 to penB*)n plans
16,969
260
15.822
267
17?29
18,089
The average heal C￿nt of empbyees dudng Ihe year was 212019.. 11. Tho avoragg numb8r of
fvll-time equivalent employees during the year analysed as frAIr￿..
2020
No.
2019
No.
Number of siaff - Religious
Number ofstaff - Maintenance
Mo em ￿0Yee receiwj emF40sw ben&fits of rn0￿ than £60.0￿ during the year12019.. Nill.
12. Trustse r¢muneratl¢)n and #xpen$
No rgmuner8b.on or 0th8r benefits from emFAoyTn8nt with tha th8rity or a related enuty wera
rB¢eived by the trustoes.
11

The Reading Hindu Centre
Notes to the Flnanclal Statements fcLvJllnrMdJ
Yaar ended 31 December 2020
13. Tangiblè tIx8d as88ts
Freehokl
Equipment
Total
Cost
At 1 January 2020 and 31 D•c•mbv 2020
Depr&¢latlon
At 1 January 2020
Charge f¢x the year
At 31 December 2020
1.250,0(MI
26.143
1.276.143
23,081
1.531
23,081
1.531
24,612
24,612
ca￿n9 amount
At 31 Doeombor 2020
1250.￿0
1250.O)0
1,531
1.251.531
1.253,062
At 31 Decernbw 2019
3,062
Thè freehc4d pro￿ty at 112 Whitley Str881, Reading included In the accounts was acqulred In
1997. The freeh(Ad property were revalued at open n7athet value by Fairwealhers Chartered
Surveyors as al 31st December 2015. Ivlth assum￿ vatrant P05S85sionl The charity h8s lak8n
dvontsge of thg trarbsitional provBK)n8 availabb in thè FRS 1(Y2 to cary those assets at that
alue less deP￿12t￿n in subsequent ye8rs. Subsgquent additions to freehold land and buildings
are Included at cosL
The ctmparable amounts freel￿ pKyerty under hlstedcal cost conventicl) were..
2020
Cost
Surplus on revaluation
230.121
389,879
600,000
The title of the freehohj property & vasied in Ihè Offici81 tstodKqn of Charitw on b8haff of tho
Readlng Hlndu Cèntrè.
1& DebtorB
2020
2019
Prepayments and acuued in¢rMne
7.664
13,346
12-

The Reading Hlndu Centre
Not￿ to the Flnanclal Staternents (¢￿th
Year ended 31 December 2020
15. Cradltors: amounts falling due wllhln one year
21Y20
2019
Bank loan8 and overdrafts
Trade cmdkors
Accruals and delarrnd incom8
)cial security and other taxes
7.201
9,038
380
3,000
3.530
11.390
12.760
l& Crgdltor¥'. amounts falllng du• aft•r mor• than one year
2020
2019
Bank loans and ov8idrafts
78.234
97.366
17. P¢nslonB and other postrfetlrement bgnefft8
Definod contrfbutlon plans
The amount r8￿nised in Inc￿ or exp￿rtUr8 sn oxpen89 in rel8tion to defin&
ContribU￿on plans was £26012019: £267).
18. Anolys1$ of thaTltabl¢ funds
Unrestrfctid funds
1 January 202
31 D•c•mber
2020
InCc￿e Exp8ndMur8
General funds
Revaluation r8S8rva
208.766
1,019.879
76,870
{52.2521
233,384
1,019,879
1.228.645
76,870
152,2521 1253,263
Al
31 Docomber
2019
1 January 201
Income Expendrture
G&ner81 lunds
Revaluation ￿SerVe
161.167
1,019,879
120.205
172,6061
208,766
1,019.879
1.181.046
120,205
172,6061 1,228.645
13-

The Reading Hindu Centre
Notes to the Flnanclal Statemonts
Year endèd 31 Decèmbor 2020
19. Anal￿1• of net ¥8118ts bgtwgon lunds
Unr95tricled Total Funds
Funds
2020
Tangible flxed assets
Currsnt ass8ts
Creditors g￿ater than 1 year
Net assets
1,251,531
79,966
(78,2341
1.253,263
1251,531
79,966
178,2341
1253,263
Unrestdcted Toial Funds
Funds
2019
Tanglble fixed assets
Current asset8
Credit9￿ 9reatgr than 1 yogr
Ngt
1.253,062
72,949
197.3661
1,228,645
1.253,062
72,949
197,3661
1,228.645
20. R*lat•d patl•s
Exocutlv• Commlrt•e
None of the Exeath've Commitlee(or any persons o)nnected themlrecefved any
rarnuntrr8tion during th¢ ye8r, but 2 of Ihe Executyve Committee ￿re reimbursed a total of
£282.45 fDr out of pocket expww inLvrr8d for the c8ntr8.12019.' 3 of the Execu￿@ Commrtte8
wom reimburs￿ £1,354.43}.
-14-

The Reading Hindu Centre
Managoment Inforniallon
Year ended 31 De¢embor 2020
The followlng pag•s do not ft>rm part ¢rf the flnan¢lal stat•mgnts.
-15-

The Reading Hindu Centre
Detalled Ststement of Flnanclal Actlvities
Year ended 31 December 2020
2020
2019
Income and ¢ndowrnent5
Donatlons and legacles
Donations
Money box c￿leCt￿nS
Charity m8rnb8rship fèès
Visits
RBIKJious actNit￿S (Pulasl
Hire of wlre re80urces
GTR cl8im8d
HMRC Covld 19 Job Retentlon SUFWt
30.156
23.875
49.223
29,447
25
30
8,147
11,781
7,226
2,922
3,663
8,746
6N7
76,656
105.879
Oth•r tradlng actlvltles
Sale of chunni, books etc
Activities for gEner8ting tunds
214
9,437
4,889
14,326
214
Total Income
7&870
120.205
Expendlture
Ex￿ndItUT& on charrtab￿ advlll•s
Wages and salaries
Porrion Costs
Rates and water
LvJhl and heat
Rèpalrs and malntanancs
Insurance
Other establishment
L8gal and professlonal fees
Tglephone
other officè ￿StS
Depreoation
Inter8St on b8r* k)8n5 and 0vgrdr8fts
F8stIv￿ éxpèns8S
ConSuma￿&S
Cultural ptherB pa￿nent
16.969
15,822
267
$9S
9,500
10,559
1,401
8.16e
4.219
617
671
4,935
3,827
1,600
5,762
4.665
741
13231
16,916
1,238
4.418
2.731
195
1.s31
2.765
3,333
830
52.252
72.606
Total •xp•ndltur•
51252
72.606
Net I￿oMe
24,618
47.599
16-

The Reading Hindu Centre
Notès to the Detsllod Statement of Financial Actlvltlos
Yoar ended 31 December 2020
2020
2019
Exppndlture on ¢harltablo aett¥6tl•s
Promotlng the Hlndu rellgion
Acti￿tI&$ undwtèken dlrnctly
Wages and sal8ries
Ernployer Pension contribulv
R8le5 & water
ghl & hèat
Repairs & makntanan(
In3urance
Cleaning and brd8te disposal
Telephonè and t818wslon
Other office costs
D6pretration
Dir6Ct charitable activity 1- Interest on bank k)ans and overdrafts
Festival exp8nses
consuMat￿O8
Cultural pe.rfom)ers paymènt
11969
260
741
(3231
16.916
1.238
4,418
648
195
1.531
2,765
15,822
287
595
9,500
10,559
1,401
8,166
671
4.935
3.827
1,600
5,762
4,665
3,333
830
49.521
68,387
Governance c05t5
Govemance costs- acixjuntsrwfees
Govemanc& costs- legal and oth8r [￿feSsiOnal fees
2.731
4,070
149
2.731
4.219
Expendltur# on chorftablo actlvttl•s
51252
72.606
17-