| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to 3 | ||
| Independent Examiner's |
Report | ||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Accounts | 7to 12 | ||
| Detailed Statement of Financial |
Activities | 13to 14 |
| Unrestricte | ||||||
|---|---|---|---|---|---|---|
| d funds | Totalfunds | Total funds | ||||
| 2021 | 2021 | 2020 | ||||
| Notes | E | |||||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 74,993 | 74,993 | 88,080 | ||
| Other | 10,200 | 10,200 | 11,030 | |||
| Total | 85,193 | 85,193 | 99,110 | |||
| Expenditure | on: | |||||
| Charitable | activities | 7,302 | 7,302 | 13,961 | ||
| Other | 17,363 | 17,363 | 20,064 | |||
| Total | 24,665 | 24,665 | 34,025 | |||
| Net gains on | investments | |||||
| Net income | 60,528 | 60,528 | 65,085 | |||
| Transfers between | funds | |||||
| Net income before | other | |||||
| gains/(losses) | 60,528 | 60,528 | 65,085 | |||
| Other gains and losses | ||||||
| Net movement in funds |
60,528 | 60,528 | 65,085 | |||
| Reconciliation | offunds: | |||||
| Total funds brought | forward | 297,223 | 297,223 | 232,138 | ||
| Total funds carried | forward | 357,751 | 357,751 | 297,223 |
| NEPALI TEMPLE CUM-COMMUNITY CENTRE LONDON UK Balance Sheet at 1January 2021 |
NEPALI TEMPLE CUM-COMMUNITY CENTRE LONDON UK Balance Sheet at 1January 2021 |
|||
|---|---|---|---|---|
| Charity No. 1119517 | 2021 | 2020 | ||
| E | E | |||
| Fixed assets | ||||
| Tangible assets | 9 | 346,332 | 312,957 | |
| 346,332 | 312,957 | |||
| Current assets | ||||
| Debtors | 10 | 22,505 | 22,505 | |
| Cash at bank and | in hand | 43,018 | 17,814 | |
| 65,523 | 40,319 | |||
| Net current assets | 65,523 | 40,319 | ||
| Total assets less current liabilities | 411,855 | 353,276 | ||
| Creditors: Amounts | falling due after more than one year | 11 | (54,104) | (56,053) |
| Net assets excluding | pension asset or liability | 357,751 | 297,223 | |
| Total net assets | 357,751 | 297,223 | ||
| The funds ofthe charity | ||||
| Restricted funds | 12 | |||
| Unrestricted funds |
12 | |||
| General funds | 357,751 | 297,223 | ||
| 357,751 | 297,223 | |||
| Reserves | 12 | |||
| Total funds | 357,751 | 297,223 |
| Change in |
basis of | accounting orto previous accounts |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| There has | been no | change to the accounting policies (valuation rules and method ofaccounting) |
since | ||||||
| last year and no changes have been made to accounts for previous years. | |||||||||
| Fund accounting | |||||||||
| Unrestricted funds |
These are available for use at the discretion ofthe trustees in furtherance |
ofthe | |||||||
| general objects ofthe charity. | |||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | |||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | |||||
| restatement ofinvestment assets at their market values. |
|||||||||
| Restricted | funds | These are available for use subject to restrictions imposed |
by the donor | or | through | ||||
| terms ofan appeal. | |||||||||
| Income | |||||||||
| Recognition | of | Income is included in the Statement of Financial Activities |
(SoFA) when | the | charity | ||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the amount | |||||||
| ofthe income can be measured with sufficient reliability. |
|||||||||
| Income with related | Where income has related expenditure the income and |
related expenditure | is | ||||||
| expenditure | reported gross in the SoFA. |
||||||||
| Donations | and | Voluntary income received by way ofgrants, donations and gifts is included |
in | the | |||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | |||||||
| entitlement to the income. |
|||||||||
| Tax reclaims on | Income from tax reclaims is included in the SoFA at the same time as the |
||||||||
| donations and gifts |
gift/donation to which it relates. |
||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||||
| and facilities | where the benefit to the Charity is reasonably quantifiable, |
measurable | and | ||||||
| material. | |||||||||
| Volunteer help |
The value ofany volunteer help received is not included |
in | the accounts. | ||||||
| Investment | income | This is included in the accounts when receivable. |
|||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation | offixed | at the end ofthe year. | |||||||
| assets | |||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
||||||||
| investment | assets |
| Expenditure | ||||
|---|---|---|---|---|
| Recognition | of | Expenditure is recognised on an accruals |
basis. Expenditure includes any VAT |
|
| expenditure | which cannot be fully recovered, and |
is reported as part ofthe expenditure to |
||
| which it relates. |
||||
| Expenditure | on | These comprise the costs associated | with | attracting voluntary income, fundraising |
| raising funds | trading costs and investment management |
costs. | ||
| Expenditure | on | These comprise the costs incurred by |
the | Charity in the delivery of its activities and |
| charitable activities |
services in the furtherance of its objects, |
including the making ofgrants and | ||
| governance costs. |
||||
| Grants payable | All grant expenditure is accounted for on |
an actual paid basis plus an accrual for | ||
| grants that have been approved by the trustees at the end ofthe year but not yet |
||||
| paid. | ||||
| Governance | costs | These include those costs associated | with | meeting the constitutional and statutory |
| requirements ofthe Charity, including |
any audit/independent examination fees, |
|||
| costs linked to the strategic management | ofthe Charity, together with a share of |
|||
| other administration costs. |
||||
| Other expenditure | These are support costs not allocated | to a particular activity. |
| Unrestricted | Total | Total | |
|---|---|---|---|
| 2021 | 2020 | ||
| Donations | 74,993 | 74,993 | 88,080 |
| 74,993 | 74993 | 88080 |
| 3 | Other income | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | ||||||
| 2021 | 2020 | |||||||
| Other Income | 10,200 | 10,200 | 11,030 | |||||
| 10,200 | 10,200 | 11,030 | ||||||
| 4 | Expenditure on charitable |
activities | ||||||
| Unrestricted | Total | Total | ||||||
| 2021 | 2020 | |||||||
| Expenditure on charitable |
activities | |||||||
| Wages for charitable | contributors | 4,214 | ||||||
| Venue Booking and supplies | 579 | |||||||
| Event Expenses | 7,302 | 7,302 | 9,168 | |||||
| Governance costs | ||||||||
| 7,302 | 7,302 | 13,961 | ||||||
| 5 | Other expenditure | |||||||
| Unrestricted | Total | Total | ||||||
| 2021 | 2020 | |||||||
| Bank loan and overdraft | interest | |||||||
| payable | 2,207 | 2,207 | 4,563 | |||||
| Employee costs | 7,450 | 7,450 | 4,280 | |||||
| Premises costs | 5,784 | 5,784 | 5,999 | |||||
| General administrative | costs | 1,882 | 1,882 | 1,107 | ||||
| Legal and professional | costs | 40 | 40 | 4,115 | ||||
| 17,363 | 17,363 | 20,064 | ||||||
| 6 | Staff costs | 2021 | 2020 | |||||
| Salaries and wages | 7,450 | 4,280 | ||||||
| 7,450 | 4,280 | |||||||
| No employee received |
emoluments | in excess ofE60,000. |
| Cost or revaluation | |||||
|---|---|---|---|---|---|
| At 2January 2020 | 312,957 | 312,957 | |||
| Additions | 33,375 | 33,375 | |||
| At 1January 2021 | 346,332 | 346,332 | |||
| Net book values | |||||
| At 1January 2021 | 346,332 | 346,332 | |||
| At 1January 2020 | 312,957 | 312,957 | |||
| 10 | Debtors | ||||
| 2021 | 2020 | ||||
| E | E | ||||
| Other debtors | 22,505 | 22,505 | |||
| 22,505 | 22,505 | ||||
| 11 | Creditors: | ||||
| amounts falling due after more than one year |
|||||
| 2021 | 2020 | ||||
| E | E | ||||
| Bank loans and overdrafts | 54,104 | 56,053 | |||
| 54,104 | 56,053 | ||||
| 12 | Movement in funds |
||||
| Incoming | |||||
| resources | |||||
| At 1 | |||||
| At 2 January |
(including other gains/losses |
Resources expended |
January 2021 |
||
| 2020 | ) | ||||
| E | |||||
| Restricted funds: | |||||
| Unrestricted funds: |
|||||
| General funds | 297,223 | 85,193 | (24,665) | 357,751 | |
| Revaluation Reserves: |
|||||
| Total funds | 297,223 | 85,193 | (24,665) | 357,751 | |
| 13 | Analysis ofnet assets between funds | ||||
| Unrestricte | |||||
| Total | |||||
| d funds | |||||
| E | E | ||||
| Fixed assets | 346,332 | 346,332 | |||
| Net current assets | 65,523 | 65,523 | |||
| Creditors due in more than one year and | |||||
| provisions | (54,104) | (54,104) | |||
| 357,751 | 357,751 |
| ALI TEMPLE CUM-COMMUNITY CENTRE LO s to the Accounts Reconciliation ofnet debt |
NDON UK |
||
|---|---|---|---|
| At 1 | |||
| At 2January | January | ||
| 2020 | Cash flows | 2021 | |
| E | E | E | |
| Cash and cash equivalents | 17,814 | 25,204 | 43,018 |
| 17,814 | 25,204 | 43,018 | |
| Bank loans | (56,053) | 1,949 | (54,104) |
| (56,053) | 1,949 | (54,104) | |
| Net debt | (38,239) | 27,153 | (11,086) |
| for the year ended 1 | J | anua | ry 2021 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2021 | 2021 | 2020 | ||||
| E | E | E | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| Donations | 74,993 | 74,993 | 88,080 | |||
| 74,993 | 74,993 | 88,080 | ||||
| Other | ||||||
| Otherincome | 10,200 | 10,200 | 11,030 | |||
| 10,200 | 10,200 | 11,030 | ||||
| Total income and endowments | 85,193 | 85,193 | 99,110 | |||
| Expenditure on: |
||||||
| Charitable activities |
||||||
| Wages for charitable | contributors | 4,214 | ||||
| Venue booking and supplies | 579 | |||||
| Event expenses | 7,302 | 7,302 | 9,168 | |||
| 7,302 | 7,302 | 13,961 | ||||
| Total ofexpenditure activities |
on charitable | 7,302 | 7,302 | 13,961 | ||
| Other expenditure | ||||||
| Bank loan and overdraft | interest | |||||
| payable | 2,207 | 2,207 | 4,563 | |||
| 2,207 | 2,207 | 4,563 | ||||
| Employee costs | ||||||
| Salaries/wages | 7,450 | 7,450 | 4,280 | |||
| 7,450 | 7,450 | 4,280 | ||||
| Premises costs | ||||||
| Rates | 2,090 | |||||
| Light, heat and power | 838 | 838 | 359 | |||
| Premises repairs and |
||||||
| maintenance | 4,946 | 4,946 | 3,550 | |||
| 5,784 | 5,784 | 5,999 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Bank charges | 217 | |||||
| General insurances |
1,166 | 1,166 | 705 | |||
| Stationery and printing |
716 | 716 | 185 | |||
| 1,882 | 1,882 | 1,107 | ||||
| Legal and professional | costs | |||||
| Other legal and professional | ||||||
| costs | 40 | 40 | 4,115 | |||
| 40 | 40 | 4,115 |
| NEPALI TEMPLE CU Detailed Statement |
M-COMMUNITY CENTRE LONDON of Financial Activities |
UK | ||
|---|---|---|---|---|
| Total ofexpenditure | ofother costs | 17,363 | 17,363 | 20,064 |
| Total expenditure | 24,665 | 24,665 | 34,025 | |
| Net gains on investments | ||||
| Net income | 60,528 | 60,528 | 65,085 | |
| Net income before | other | |||
| gains/(losses) | 60,528 | 60,528 | 65,085 | |
| Other Gains | ||||
| Net movement in funds |
60,528 | 60528 | 65085 | |
| Reconciliation offunds: |
||||
| Total funds brought | forward | 297,223 | 297,223 | 232,138 |
| Total funds carried | forward | 357,751 | 357,751 | 297,223 |