## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre** (Registered charity, number 1118474) **Financial statements for the year ended 31 March 2022**
|**Page**|**Contents**|
|---|---|
|2 - 4|Trustees’ annual report|
|5|Independent examiner’s report|
|6|Receipts & payments account|
|7|Statement of assets & liabilities|
|8 - 9|Notes to the accounts|
# **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre Trustees’ annual report for the year ended 31 March 2022**
**Full name** Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre
**Other names by which the charity is known** Bhagwati Shakti Peeth
**Registered charity number** 1118474
## **Principal address**
43-47 Eland Street, New Basford, Nottingham NG7 7DY
## **Trustees**
Anil Randev, Chair Atul Pathak Rita Sharma, Secretary Surinder Sharma Keval Bhalla Usha Soni Subhash Bhambi Kusam Sood Shushma Joshi Harmesh Sharma, until 16/03/22 Surendra Munagala
## **Independent examiner**
John O’Brien, employee of Community Accounting Plus, Units 1 & 2 North West, 41 Talbot Street, Nottingham, NG1 5GL
## **Governance and management**
The charity is operated under the rules of its constitution adopted 18 April 2006 and most recently amended 22 February 2007.
Trustees are appointed at the AGM.
## **Objectives and activities**
To advance religion according to the tenets of Sanatan Dharam faith: In furtherance of this object but not otherwise the executive committee may exercise the following powers:
- a) To encourage, promote and organise educational classes and other courses of education for the propagation of Sanatan Vedic values, traditions and rituals;
- b) To acquire and hold property for the purposes of the charity;
- c) To establish a place of prayer, meditation and rituals for the followers of the religion of Sanatan Dharam generally within the region and the United Kingdom;
- d) To manifest and promote the teachings of Sanatan Dharam;
- e) To provide facilities for the fulfilment of the educational and cultural needs of children born in this country;
- f) To do any such lawful activity as shall further the objectives of the charity.
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## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre**
## **Summary of the main activities undertaken for the public benefit**
- Provide pastoral care;
- Provide a place of worship;
- Bereavement support;
- Religious services provided nationwide;
- Visit Hindu patients in hospital;
- Provide cultural activities to young Hindu people;
- Provide religious awareness courses on Hinduism to school;
- Provide a volunteer for Nottingham Trent University as a chaplain and adviser.
## **Public benefit statement**
The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, 'Charities and Public Benefit'.
## **Summary of the main achievements during the period**
During this year we have been busy renovating and extending the temple and community space. The temple premises have not been in use due to building work. The regular temple activities have been put on hold until the building is safe to use. We have been providing religious services in people’s homes and temples, etc. We continue to provide an adviser to Nottingham Trent University and also provide support to students.
Most of the building work has been completed but some electrical, paint work and carpeting remain. We are trying to fund raise by providing religious services. We have run out of the money to complete the work we do not have any allocation of grant for this work.
## **Risk Analysis**
We have no regular core funders as such, the majority of our money is raised through our religious services. We have a small group of patrons who contribute £5.00 or £10.00 per month. We are encouraging more people to become patrons by making monthly (regular) contributions.
## **The Charity’s policy on Reserves**
We have an outstanding mortgage. We are setting aside funds to service the debt for at least 1 year. The monies held separately for building extension have been used. Other reserves we have are to pay for the running of our own building in order to provide a place of worship and to provide community activities for the young and old alike.
## **Funds materially in deficit**
The Trustees are aware of the significant liabilities as set out on page 7 and are indebted to the supporters who have made the interest free loans to the charity to enable the building works and activities to continue.
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## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre**
Signed on behalf of the charity’s trustees:
Signed _____________________________________________ Date __________ Anil Randev, Trustee
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## **Independent examiner’s report to the trustees of Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre for the year ended 31 March 2022**
I report to the trustees on my examination of the accounts of Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre (the charity) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed _________________________ Date ______________________ John O’Brien MSc, FCCA, FCIE Employee of Community Accounting Plus
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## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre Receipts & payments account for the year ended 31 March 2022**
|_2021_
Total
**Unrestricted**
Funds
**Funds**
£
**Note**
**£**
**Receipts**
3
Bank interest
-
27051
Donations
**2**
20127
-
Donations in-kind
**3**
10000
15374
Gift aid
**2**
7235
16100
Grants
-
75636
Loans
23304
4500
Rent
1725
138664
**Total receipts**
**62391**
**Payments**
28
Bank & card charges
118
161516
Building work
60606
-
Business rates
248
-
Community support
-
9000
Donations made
-
-
Independent examination
498
2132
Insurance
2214
-
Legal & professional fees
192
6056
Mortgage capital payments
6184
1379
Mortgage interest
1267
-
Sundry payments
530
4525
Utilities
4109
184636
**Total payments**
**75966**
(45972)
**Net receipts/(payments)**
(13575)
100232
Cash funds at start of this period
49260
54260
**Cash funds at end of this period**
**35685**|**_2022_**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
-
-
-
20127
-
10000
-
7235
-
-
-
23304
-
1725
**-**
**62391**
-
118
-
60606
-
248
5000
5000
-
-
-
498
-
2214
-
192
-
6184
-
1267
-
530
-
4109
**5000**
**80966**
(5000)
(18575)
5000
54260
**-**
**35685**|
|---|---|
6
## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre Statement of assets and liabilities at 31 March 2022**
|_2021_|||**_2022_**|
|---|---|---|---|
|£|**Cash assets**|**Note**|**£**|
|54260|Bank accounts||35685|
|54260|||**35685**|
||**Other monetary assets**|||
|788|Prepayments|**5**|1085|
|2900|Debtor - Rent||6500|
|3688|||**7585**|
||**Assets retained for the charity’s own use**|||
||General equipment.|||
||Temple building|||
||Deities purchased April 2022 - March 2023, total cost||£23,068.|
|**Liabilities**
(125562)
Creditors
**6**
(55614)
Mortgage
(181176)|(101273)
(49430)|
|---|---|
||**(150703)**|
These financial statements are accepted on behalf of the charity by:
Signed ___________________________________ Dated ___________ Rita Sharma, Trustee
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## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre Notes to the accounts for the year ended 31 March 2022**
## **1. Receipts & payments accounts**
Receipts and payments accounts contain a summary of money received and money spent during the period and a list of assets and liabilities at the end of the period. Usually, cash received and cash spent will include transactions through bank accounts and cash in hand.
## **2. Grants & donations**
|Gift Aid
Sundry donations
**Donations in-kind**
Sundry donations|**Unrestricted**
**£**
7235
20127
**27362**|**Restricted**
**£**
-
-
**-**
**£**
10000
**10000**|**Total**
**£**
7235
20127|
|---|---|---|---|
||||**27362**|
|||||
## **3. Donations in-kind**
## **4. Funds analysis**
|**Restricted funds**
Food parcels
**Unrestricted funds**
General Fund
Designated funds:
Mortgage Fund
Building works, altar & deities|**Opening**
**balance**
**£**
5000
**5000**
8572
26856
13832
**49260**|**Receipts**
**£**
-
**-**
62391
-
-
**62391**|**(Payments)**
**£**
(5000)
**(5000)**
(68515)
(7451)
-
**(75966)**|**Transfers**
**£**
-
**-**
7832
6000
(13832)
**-**|**Closing**
**balance**
**£**
-|
|---|---|---|---|---|---|
||||||**-**|
||||||10280
25405
-|
||||||**35685**|
## **5. Prepayments**
**£** Insurance 819 Utilities 266 **1085**
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## **Shri Bhagwati Mata Mandir Trust & Sanatan Community Centre**
## **6. Creditors**
|**Creditors**||
|---|---|
|Loans
Independent examination (for 3 years 2016, 2021 & 2022)
Utilities
Legal & professional fees|**£**
98941
1411
474
447|
||**101273**|
## **7. Premises & staff**
The holding trustees for the property are Mr A Randev, Mr H Sharma and Mrs N Koshal.
## **8. Trustees’ remuneration**
Trustees received no expenses, remuneration or benefits in this period.
## **9. Related party transactions**
There were no related party transactions during the period.
## **10. Glossary of terms**
**Creditors:** These are amounts owed by the charity, but not paid during the accounting period.
**Debtors:** These are amounts owed to the charity, but not received in the accounting period.
**Prepayments:** These are services that the charity has paid for in advance, but not used during the accounting period.
**Restricted funds:** These are funds given to the charity, subject to specific restrictions set by the donor, but still within the general objects of the charity.
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