## ||Pages| |---|---| |Trustees'
Annual
Report|2to3| |Independent
Examiner's
Report|| |Statement of Financial
Activities|| |Balance Sheet|| |Statement ofCash flows|13| |Notes to the Accounts|7to 12| |Detailed Statement
of Financial Activities|14to 15| ## ## ## ## ## ## |for the year|ended|31March|2021|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| |||||2021|2021|2020| ||||Notes|E|f|f| |Income and|endowments|||||| |from:||||||| |Donations|and legacies|||43,288|43,288|40,320| |Other||||20,040|20,040|31,779| |Total||||63,328|63,328|72,099| |Expenditure|on:|||||| |Other||||13,465|13,465|15,651| |Total||||13,465|13,465|15,651| |Net gains on|investments|||||| |Net income||||49,863|49,863|56,448| |Transfers between||funds||||| |Net income|before|other||49,863|49,863|56,448| |gains/(losses)||||||| |Other gains|and losses|||||| |Net movement
in funds||||49,863|49,863|56,448| |Reconciliation
offunds:||||||| |Total funds brought||forward||402,866|402,866|346,418| |Total funds carried||forward||452,729|452,729|402,866| ## |SHIVA CULTURAL AN
Balance Sheet
at 31March 2021|SHIVA CULTURAL AN
Balance Sheet
at 31March 2021|D COMMUNITY
CENTRE|||| |---|---|---|---|---|---| |Charity No. 1122604||||2021|2020| |||||E|E| |Fixed assets|||||| |Tangible assets|||10|438,058|323,683| |||||438,058|323,683| |Current assets|||||| |Cash at bank and||in hand||30,571|79,983| |||||30,571|79,983| |Creditors: Amount|falling due within one year||11|(15,900)|(800)| |Net current assets||||14,671|79,183| |Total assets less current liabilities||||452,729|402,866| |Net assets excluding||pension asset or liability||452,729|402,866| |Total net assets||||452,729|402,866| |The funds ofthe charity|||||| |Restricted funds|||12||| |Unrestricted
funds|||12||| |General funds||||452,729|402,866| |||||452,729|402,866| |Reserves|||12||| |Total funds||||452,729|402,866| ## ## ## ## |Fund accoun|Fund accoun|ting|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
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 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 of grants, 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||of|fixed|at the end ofthe year.|||||| |assets|||||||||| |Gains/(losses)|||on|This includes any gain or loss on the sale of investments.|||||| |investment||assets|||||||| ## |s to the Acc|s to the Acc|ounts||||| |---|---|---|---|---|---|---| |Expenditure||||||| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes|||any VAT which| |expenditure|||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 of|the year but not yet|| ||||pa Id.|||| |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.|||| ## ## ## ## ## ## ## ## ## ## ## ## ## |2|Statement|of Fi|nancial||Activities - prior year|||| |---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|| ||||||||funds|Total funds| ||||||||2020|2020| |Income and endowments||||from:||||| ||Donations|and legacies|||||40,320|40,320| ||Other||||||31,779|31,779| |Total|||||||72,099|72,099| |Expenditure
on:||||||||| ||Other||||||15,651|15,651| |Total|||||||15,651|15,651| |Net|income||||||56,448|56,448| |Net|income before||other||||56,448|56,448| |gains/(losses)||||||||| |Other gains and losses:||||||||| |Net|movement|in funds|||||56,448|56,448| |Reconciliation||offunds:||||||| |Total funds brought|||forward||||346,418|346,418| |Total funds carried|||forward||||402,866|402,866| |3|Income from donations||||and legacies|||| |||||||Unrestricted|Total|Total| ||||||||2021|2020| ||Donations|received||||43,288|43,288|40,320| |||||||43,288|43,288|40,320| |4|Other income|||||||| |||||||Unrestricted|Total|Total| ||||||||2021|2020| ||Gift Aid Income|||||||31,729| ||Other income|||||||50| ||COVID-19|restrictions||grant||20,029|20,029|| |||||||20,040|20,040|31,779| |||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---| ||||||||2021|2020| ||Premises costs|||||5,712|5,712|8,243| ||Amortisation,|depreciation,||||||| ||impairment,|profit/loss|on|||156|156|195| ||disposal offixed assets|||||||| ||General administrative||costs|||5,482|5,482|5,661| ||Legal and professional||costs|||2,115|2,115|1,552| |||||||13,465|13,465|15,651| |6|Net income|before transfers||||||| |||||||2021||2020| ||This is stated|after charging:||||f||| ||Depreciation|ofowned|fixed assets|||156||195| |7|Staff costs|||||||| ||No employee|received|emoluments|in excess|off60,000.|||| |8|Trustee Remuneration||and Expenses|||||| ||No trustee received remuneration|||or expenses|during the year,|||| ## |Cost or revaluation|Cost or revaluation|||| |---|---|---|---|---| |At 1April 2020||322,903|1,219|324,122| |Additions||114,531||114,531| |At 31March|2021|437,434|1,219|438,653| |Depreciation|and|||| |impairment||||| |At 1April 2020|||439|439| |Depreciation|charge for the||156|156| |year||||| |At 31March|2021||595|595| |Net book values||||| |At 31March|2021|437,434|624|438,058| |At 31March|2020|322,903|780|323,683| |11|Creditors:||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||amounts|falling|||due within one||year||||| ||||||||||2021||2020| ||||||||||f||f| ||Other creditors||||||||15,020||| ||Accruals and deferred|||||income|||880||800| ||||||||||15,900||800| |12|Movement||in|funds|||||||| ||||||||||Incoming||| ||||||||||resources||At 31| ||||||||||(including|Resources|March| ||||||||||other|expended|2021| |||||||||At 1April|gains/losses||| |||||||||2020|)||| ||||||||||f||| ||Restricted funds:||||||||||| ||Unrestricted|||funds".|||||||| ||General funds|||||||402,866|63,328|(13,465)|452,729| ||Revaluation||Reserves:||||||||| ||Total funds|||||||402,866|63,328|(13,465)|452,729| |13|Analysis|of|net assets|||between|funds||||| |||||||||||Unrestricted|| ||||||||||||Total| |||||||||||funds|| |||||||||||f|f| ||Fixed assets|||||||||438,058|438,058| ||Net current||assets|||||||14,671|14,671| |||||||||||452,729|452,729| |14|Reconciliation||||of net. debt||||||| ||||||||||||At 31| ||||||||||At 1April||March| ||||||||||2020|Cash flows|2021| |||||||||||E|E| ||Cash and|cash|||equivalents||||79,983|(49,412)|30,571| ||||||||||79,983|(49,412)|30,571| ||Net debt||||||||79,983|(49,412)|30,571| ||||2021|2020| |---|---|---|---|---| ||||f|f| |Cash flows from operating|activities|||| |Net income per Statement|of Financial Activities||49,863|56,448| |Adjustments
for:||||| |Depreciation
ofproperty,
plant and equipment|||156|195| |Dividends,
interest and|rents from investments||(20,040)|(31,779)| |Increase
in trade and other payables|||15,100|| |Net cash provided
by operating
activities|||45,079|24,864| |Cash flows from investing|activities|||| |Payments
for property,|plant and equipment||(114,531)|(18,463)| |Dividends,
interest
and|rents from investments||20,040|31,779| |Net cash (used in)/from
investing
activities|||(94,491)|13,316| |Net cash from financing
activities||||| |Net (decrease)/increase
in|cash and cash equivalents||(49,412)|38,180| |Cash and cash equivalents|at the beginning|of the year|79,983|41,803| |Cash and cash equivalents|at the end ofthe|year|30,571|79,983| |Components
ofcash and cash equivalents||||| |Cash and bank balances|||30,571|79,983| ||||30,571|79,983| ## ## |||||Unrestricted||| |---|---|---|---|---|---|---| |||||funds|Total funds|Total funds| |||||2021|2021|2020| |||||f|f|f| |Income and endowments|||from:|||| |Donations
and legacies||||||| |Donations
received||||43,288|43,288|40,320| |||||43,288|43,288|40,320| |Other||||||| |Gift Aid Income||||||31,729| |Other income||||11|11|50| |COVID-19 restrictions||grant||20,029|20,029|| |||||20,040|20,040|31,779| |Total income and endowments||||63,328|63,328|72,099| |Expenditure
on:||||||| |Premises costs||||||| |Rates||||122|122|585| |Light, heat and power||||3,513|3,513|1,032| |Premises insurances||||752|752|711| |Premises repairs and
maintenance||||1,325|1,325|5,915| |||||5,712|5,712|8,243| |General administrative|||costs,|||| |including
depreciation||and||||| |amortisation||||||| |Depreciation
of||||156|156|195| |Information
and publications||||77|77|586| |Postage and couriers||||42|42|79| |Subscriptions||||157|157|239| |Sundry expenses||||4,544|4,544|4,484| |Telephone,
fax and||broadband||662|662|273| |||||5,638|5,638|5,856| |Legal and professional||costs||||| |Audit/Independent||examination||680|680|400| |fees||||||| |Consultancy
fees||||1,176|1,176|1,152| |Other legal and professional||||259|259|| |costs||||||| |||||2,115|2,115|1,552| |Total ofexpenditure|ofother costs|||13,465|13,465|15,651| |Total expenditure||||13,465|13,465|15,651| |Net gains on investments||||||| |Net income|49,863|49,863|56,448| |---|---|---|---| |Net income before other
gains/(losses)|49,863|49,863|56,448| |Other Gains|||| |Net movement
in funds|49,863|49,863|56,448| |Reconciliation
offunds:|||| |Total funds brought forward|402,866|402,866|346,418| |Total funds carried forward|452,729|452,729|402,866|