| Pages | ||
|---|---|---|
| Trustees' Annual Report |
2 to 3 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities |
||
| Balance Sheet | ||
| Statement of Cash flows | ||
| Notes to the Accounts | 7to 13 | |
| Detailed Statement of Financial Activities |
15to 16 |
| forthe year | ended | 1January | 2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2021 | ||||
| Notes | E | E | E | |||
| Income and | endowments | |||||
| from: | ||||||
| Donations | and legacies | 141,115 | 141,115 | 74,993 | ||
| Other | 3,250 | 3,250 | 10,200 | |||
| Total | 144,365 | 144,365 | 85,193 | |||
| Expenditure | on: | |||||
| Charitable | activities | 3,270 | 3,270 | 7,302 | ||
| Other | 24,730 | 24,730 | 17,363 | |||
| Total | 28,000 | 28,000 | 24,665 | |||
| Net gains on | investments | |||||
| Net income | 116,365 | 116,365 | 60,528 | |||
| Transfers between | funds | |||||
| Net income gains/(losses) |
before | other | 116,365 | 116,365 | 60,528 | |
| Other gains | and losses | |||||
| Net movement in funds |
116,365 | 116,365 | 60,528 | |||
| Reconciliation offunds: |
||||||
| Total funds brought | forward | 357,751 | 357,751 | 297,223 | ||
| Total funds carried | forward | 474,116 | 474,116 | 357,751 |
| NEPALI TEMPLE CUM-COMMUNITY CENTRE LONDON UK Balance Sheet at 1fanuary 2022 |
NEPALI TEMPLE CUM-COMMUNITY CENTRE LONDON UK Balance Sheet at 1fanuary 2022 |
|||
|---|---|---|---|---|
| Charity No. 1119517 | 2022 | 2021 | ||
| E | E | |||
| Fixed assets | ||||
| Tangible assets | 10 | 349,746 | 346,332 | |
| 349,746 | 346,332 | |||
| Current assets | ||||
| Debtors | 11 | 22,505 | 22,505 | |
| Cash at bank and | in hand | 101,865 | 43,018 | |
| 124,370 | 65,523 | |||
| Net current assets | 124,370 | 65,523 | ||
| Total assets less current liabilities | 474,116 | 411,855 | ||
| Creditors: Amounts | falling due after more than one year | 12 | (54,104) | |
| Net assets excluding | pension asset or liability | 474,116 | 357,751 | |
| Total net assets | 474,116 | 357,751 | ||
| The funds ofthe charity | ||||
| Restricted funds | 13 | |||
| Unrestricted funds |
13 | |||
| General funds | 474,116 | 357,751 | ||
| 474,116 | 357,751 | |||
| Reserves | 13 | |||
| Total funds | 474,116 | 357,751 |
| Fund accoun | Fund accoun | ting | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | funds | These are available for use at the discretion ofthe trustees | in furtherance | of | the | |||
| 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 of investment 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 of |
|||||||
| the 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 of any 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 |
| 2 | Statemen | t | of Financial | Activities - prior year |
|||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Total funds | ||||||
| 2021 | 2021 | ||||||
| Income and endowments | from: | ||||||
| Donations | and legacies | 74,993 | 74,993 | ||||
| Other | 10,200 | 10,200 | |||||
| Total | 85,193 | 85,193 | |||||
| Expenditure | on: | ||||||
| Charitable | activities | 7,302 | 7,302 | ||||
| Other | 17,363 | 17363 | |||||
| Total | 24,665 | 24,665 | |||||
| Net | income | 60,528 | 60,528 | ||||
| Net income before other gains/(losses) |
60,528 | 60,528 | |||||
| Other gains and losses: | |||||||
| Net | movement | in funds | 60,528 | 60,528 | |||
| Reconciliation | offunds: | ||||||
| Total funds brought forward | 297,223 | 297,223 | |||||
| Total funds carried forward | 357,751 | 357,751 | |||||
| 3 | Income from donations | and legacies | |||||
| Unrestricted | Total | Total | |||||
| 2022 | 2021 | ||||||
| Donations | received | 141,115 | 141,115 | 74,993 | |||
| 141,115 | 141,115 | 74,993 | |||||
| 4 | Other income | ||||||
| Unrestricted | Total | Total | |||||
| 2022 | 2021 | ||||||
| Rental Income | 3,250 | 3,250 | 10,200 | ||||
| 3,250 | 3,250 | 10,200 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Expenditure on charitable |
||||||
| activities | ||||||
| Charitable contributions |
3,270 | 3,270 | ||||
| Charitable contributions |
7,302 | |||||
| Governance costs |
||||||
| 3,270 | 3,270 | 7,302 | ||||
| 6 | Other expenditure | |||||
| Unrestricted | Total | Total | ||||
| 2022 | 2021 | |||||
| Bank loan and overdraft | ||||||
| interest payable | 2,207 | |||||
| Other interest payable | 1,629 | 1,629 | ||||
| Employee costs | 6,750 | 6,750 | 7,450 | |||
| Motor and travel costs | 214 | 214 | ||||
| Premises costs | 12,087 | 12,087 | 5,784 | |||
| General administrative | costs | 4,050 | 4,050 | 1,882 | ||
| Legal and professional | costs | 40 | ||||
| 24,730 | 24,730 | 17,363 | ||||
| 7 | Staff costs | |||||
| 2022 | 2021 | |||||
| Salaries and wages | 6,750 | 7,450 | ||||
| 6,750 | 7,450 | |||||
| No employee received |
emoluments | in excess of E60,000. |
| 10 | Tangible fix | ed assets | |||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Cost or revaluation | |||||||
| At 2January | 2021 | 346,332 | 346,332 | ||||
| Additions | 3,414 | 3,414 | |||||
| At 1January | 2022 | 349,746 | 349,746 | ||||
| Net book values | |||||||
| At 1January | 2022 | 349,746 | 349,746 | ||||
| At 1January | 2021 | 346,332 | 346,332 | ||||
| 11 | Debtors | ||||||
| 2022 | 2021 | ||||||
| f | E | ||||||
| Other debtors | 22,505 | 22,505 | |||||
| 22,505 | 22,505 | ||||||
| 12 | Creditors: | ||||||
| amounts falling due after more |
than one year | ||||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Bank loans | and overdrafts | 54,104 | |||||
| 54,104 | |||||||
| 13 | Movement | in funds | |||||
| Incoming | |||||||
| resources | At 1 | ||||||
| Resources | |||||||
| At 2 January |
(including other |
expended | January 2022 |
||||
| 2021 | gains/losses) | ||||||
| E | |||||||
| Restricted funds: | |||||||
| Unrestricted | funds: | ||||||
| General funds | 357,751 | 144,365 | (28,000) | 474,116 | |||
| Totalfunds | 357,751 | 144,365 | (28,000) | 474,116 | |||
| 14 | Analysis of | net assets between | funds | ||||
| Unrestricted | |||||||
| Total | |||||||
| funds | |||||||
| E | E | ||||||
| Fixed assets | 349,746 | 349,746 | |||||
| Net current | assets | 124,370 | 124,370 | ||||
| 474,116 | 474,116 |
| At 1 | |||
|---|---|---|---|
| At 2January | January | ||
| 2021 | Cash flows | 2022 | |
| E | E | E | |
| Cash and cash equivalents | 43,018 | 58,847 | 101,865 |
| 43,018 | 58,847 | 101,865 | |
| Bank loans | (54,104) | 54,104 | |
| (54,104) | 54,104 | ||
| Net debt | (11,086) | 112,951 | 101,865 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Cash flows from operating | activities | |||
| Net income per Statement | of Financial Activities | 116,365 | 60,528 | |
| Adjustments for: |
||||
| Dividends, interest and |
rents from investments | (3,250) | (10,200) | |
| Net cash provided by operating activities |
113,115 | 50,328 | ||
| Cash flows from investing | activities | |||
| Payments for property, |
plant and equipment | (3,414) | (33,375) | |
| Dividends, interest and |
rents from investments | 3,250 | 10,200 | |
| Net cash used in investing | activities | (164) | (23,175) | |
| Cash flows from financing | activities | |||
| Repayment of borrowings |
(54,104) | (1,949) | ||
| Net cash used in financing | activities | (54,104) | (1,949) | |
| Net increase in cash and cash equivalents |
58,847 | 25,204 | ||
| Cash and cash equivalents | at the beginning | ofthe year | 43,018 | 17,814 |
| Cash and cash equivalents | at the end ofthe | year | 101,865 | 43,018 |
| Components ofcash and cash equivalents |
||||
| Cash and bank balances | 101,865 | 43,018 | ||
| 101,865 | 43,018 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total funds | Total funds | ||||
| 2022 | 2022 | 2021 | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
141,115 | 141,115 | 74,993 | |||
| 141,115 | 141,115 | 74,993 | ||||
| Other | 3,250 | 3,250 | 10,200 | |||
| 3,250 | 3,250 | 10,200 | ||||
| Total income and endowments | 144,365 | 144,365 | 85,193 | |||
| Expenditure on: |
||||||
| Charitable Activities |
3,270 | 3,270 | ||||
| Charitable Donations |
7,302 | |||||
| 3,270 | 3,270 | 7,302 | ||||
| Total ofexpenditure activities |
on | charitable | 3,270 | 3,270 | 7,302 | |
| Other expenditure | ||||||
| Bank loan and overdraft | interest | |||||
| payable | 2,207 | |||||
| Other interest payable |
1,629 | 1,629 | ||||
| 1,629 | 1,629 | 2,207 | ||||
| Employee costs | ||||||
| Salaries/wages | 6,750 | 6,750 | 7,450 | |||
| 6,750 | 6,750 | 7,450 | ||||
| Motor and travel costs | ||||||
| Travel and subsistence | 214 | 214 | ||||
| 214 | 214 | |||||
| Premises costs | ||||||
| Rates | 4,682 | 4,682 | ||||
| Light, heat and power | 4,625 | 4,625 | 838 | |||
| Premises repairs and maintenance |
2,780 | 2,780 | 4,946 | |||
| 12,087 | 12,087 | 5,784 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| General insurances | 1,166 | |||||
| Stationery and printing |
2,863 | 2,863 | 716 | |||
| Subscriptions | 944 | 944 | ||||
| Telephone, fax and |
broadband | 243 | 243 | |||
| 4,050 | 4,050 | 1,882 |
| Legal and professional | Legal and professional | costs | |||
|---|---|---|---|---|---|
| Other legal and professional | 40 | ||||
| costs | |||||
| 40 | |||||
| Total ofexpenditure | of | other costs | 24,730 | 24,730 | 17,363 |
| Total expenditure | 28,000 | 28,000 | 24,665 | ||
| Net gains on investments | |||||
| Net income | 116,365 | 116,365 | 60,528 | ||
| Net income before gains/(losses) |
other | 116,365 | 116,365 | 60,528 | |
| Other Gains | |||||
| Net movement in funds |
116,365 | 116,365 | 60,528 | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 357,751 | 357,751 | 297,223 | |
| Total funds carried | forward | 474,116 | 474,116 | 357,751 |