2021-12-31-accounts - The Reading Hindu Centre

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Trustees' annual report		Page
in'depends'nt exarninefs report	te the trustees
Statement offinancial activfies
statement offinancial position
Notes to the financial statements
The fallowing pages do riot form part,:ef'the financial statements
Detailed itatement offinansial	activities	16
Notes to the detailed statem'int	offinancial activities

				2021	2021	2020
				Unrestricted
				funds	Total funds	Total funds
income and endowments			Note	2	2
Donations and legacies Other trading activities			4 6	1I3,247 466	113,247 466	76,656 214
Total income				113,713	113,713	76,870
Expenditure
Expenditure cn charitable	activities		6,7	49,794	49,794	52,252
Total expenditure				49,794	49,794	52,252
Net income and net movement		in funds		63,919	63,919	24,618
Reconciliation offunds
Total funds brought forward				1,253,263	1,253,263	1,228,645
Total funds carried forward				1,317,182	1,317,182	1,253,263

						2020
Fixed aaseta						2
Tan8ibls fixed aaeels			13		1+60,000	1,251,531
Current assets
fhrbtors Caah at bank and'in	hand		14	185,007		7,,664 63,692
				1'37i238		91,356
Creditors: arneurits Nst current assets		fal8nj due within one year	18	10;867		11,39'0
Total assets less current liabilities					128)880 1,376,369	79,986 1,331,497
Creditors amounts	falling due aRer more than
ons year ffstas'sets			16		59,f87	78,234
					1,317.,182
Funda dfthe charity
Unrestricted'funds:
Revaluaifoh 'reserve Other urireaaiotad inCOme funda rohip unrestricted funds Total,charity tunds				1,019,879 29&,3txt 1,317;182	'f,317,152	1,019,870 233;384 1,253,268 1,253;263

	Denbtistts	Unrestricted Funds 2	Total Funda 2021 2	Unrsseicted Funds 2	To'tal Funds 2020 2
	Don'etio ns Ivloney bcx collectibhs charity meinbershfp fees Religious activities (Pujas}, Hire cifcentre resource's Gift Aid claimed	23,494 27;237 467 2r705' 1,587 5,386'	28394 27f237 487 2,705 1,587 5,386	30,155 23,876 487 2;.922 3,663 8 746	30,156 23;675 487 2)922 3,663 8,748
	Otntrrts
	HMRC Covid 1,9Job Retch!ion support RBS:"Covicl19Grairt insurance 'Claim 5,411 22)000 25,000		5~11 '22,000 25,000	6,807	8,807
		113;247	113,247	76,656	76,656
5.	'Cther tradbtg tlotfvttfse
	Sale of chunni, books:etc	Unrestricted Funds 9 486	Total Furrds 2021 5 485	Unrestricted Funtfa 214	Total Funds 2020 214
6	expttndfture on cherttabre	activities by fuad lype
	Prcmchng the Hindu retfgjOn Support costs	Unrestncted Funds 8 46,792 3,002	Total Funds 202t '2 46,782 3;002	Unrestricted Funds 2 49)52] 2,731	Total Funda 2020 2 49)521 2,&l
		49;794	49,'794	,52,252	52,252
7.	Expenditure on'charitable	activities by ectivity type
		Activities
		undertaken dirsq8y Support coats		Toast funds 2021	Tobd fund 2020
	P'rcmctfng, the Hindu religion Governance costs	46,792	2 3,002	2 48,792 3,002	2 49,521 2,731
		46,792	3,002	49,794	52,252

				2021	2020
	Governance costs- Accountancy	costs		2 3,002	2 2,731
9.	Net income
	Net income is stated after charging/(creditmg):
				2021	2020
	Depreciation of tangible fixed assets			2 1,531	1,531
1D.	fndependent examination fees
				2021	2D20
	Fees payable to the independent	examiner for:		2	2
	Independent examination of the financial		statements	2,000	2,000
11.	Staff costs
	The total staff costs and employee	benefits for the reporting		period are analysed as follows:
				2021	2020
	Wages and salaries Employer contributions to pension	plans		2 19,942 297	16,969 260
				20,239	17,229
	The average head count of employees during the year was 2 (2020:2).The average full-time equivalent employees during the year is analysed as follows:				number of
				2021	2020
	Number of staff —Religious hlumber of staff - Maintenance			No. 1 1	No. 1 1
				2	2

Year efyded. 81 Dee Tangfblsfiaed assets	ereber 2621
	Freehold
Cost	property 2	Equipment 2	Total 2
At1 Jarrvary 2021 arid 31Dscetnber 2021 Dspreciaaon	1,250,000	M,143	1+78,143
At 1January 2021 Charge far the year At 31 December 2021		24,612 1,531 26,'143	24;812 1,531 26rf43
D'arryfng ameunt
At 31 Decerabel' 2021 At31 December 2020	1,250,000 1,250,000	1,531	1~;000 1,25'1,53'I

				2020
Prepqymsnfp	encl	accrued	ittcome	7,664

Creditors: amounts falling due within one year
	2021	2020
Bank loans and overdrafts Accruals and deferred income Social security and other taxes	2 6,000 4,867	7,201 3,530 659
	10,867	11,390
Creditors: amounts fallfng due after more than one year
	2021	2020
Bank loans and overdrsfts	59,187	78,234

		At				Al
	1	January 202			31	December
		1	Income	Expenditure		2021
General funds Revaluation reserve		233,384 'I,019,879	2 113,713	2 (49,794)		2 297,303 t,019,879
		'I,253,263	113,713	(49,794)		1,317,182
		At				Al
	1	January 202			31	December
		0	Income	Expenditure		2020
			2
General funds Revaluation reserve		208,766 1,019,879	76,870	(52,252)		233,384 1,019,879
		1,228,645	76,870	(52,252)		1,253,263

		Unrestricted	Total Funds
		Funds'	2021
Tangible ggegaaaetk Current aiasgg Grad!to1k greater than Nsl assets	1 year	2 1,260,000 126369 (69&187)	1,250,000 125&369 (5gkt67)
		1,817;182	'1,317,162
		Unrestricted	Total Funds
		Funds	2020
Tangible fixed assets Current assets		2 1,251.531	'1,251,531
Creditors greater than Net asaetg	1 year	76,966 (78,234) 1,263,263	79,966 (78,234) 1,253,263

		2021	2020
Income and endowrrients		2	2
gohatloneand Isgsakat
Denatldns Iitaney box aollecgans		23~	30,155
Ghsrtty membsmhlp	fssa	27(237	23875
Religious, .astiv'itlss (Pujas) Hire.ofcentre resources		487 2,706	'467 2,922
Gftt A'id claimed		1,887	3663
HMRG''Gavfd 1'9Job:Rebtntisn:support RBSCbvkl 19.Grant		5,366 S,411	5,'/46 6',507
Insuianos Glaim		22,000
		28,000
		113,247
Other trading satfvltlsa
Sale orshunni, books	eta
		468	214
TOtal income
		113,713
expenditure
8btpsndlturs 'on charitable asthrltlse Wages and salaries
Pension basis		19;042	16,969
Rates:and water		297	260
Light;.and hest		459	741
Repairs:and 'miihtshanas Insurance Other establishment Ltd'ai and.pi'afseslanal fess Taisjihane		7,100 8,150 1433 2,'664 3,002	(323) 16;915 1,236 4,415 2,731
Other Cffids costs		358	648
Dspreeialiah			195
Interest an bank. loans and averckttita Gorjsgmables Cultural performers payment Saws Cavld Appeal		1431 2,079 1,8'I 4 580 764	1,531 2,765 3,333 830
		49,794	52,252
Tstal expenditure		49,794	52252
ltat income,
		63;919	24,616.

		2021	2020
Expenditure on charitable activities		2
Promoting the Hindu religion
Activities undertaken directly
Wages and Safaries Employer Pension contribution Rates &water Light &heat Repairs & maintenance Insurance Cleaning and waste disposal Telephone and television Other office costs Depreciation fnierest on bank loans and overdrafls Consumables Cuftural performers payment Sewa Covid Appeal		19,942 297 459 7,100 8,150 1,233 2,664 359 1,531 2,079 1,614 580 784	16,969 260 741 (323) 16,916 1,238 4,418 648 195 1,531 2,765 3,333 830
		46,792	49,521
Governance costs
Governance costs - accountancy	fees	3,002	2,731
Expenditure on charitable activities		49,794	52,252