2022-03-31-accounts

		Pages
Trustees' Annua I Report		2to3
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Statement of Cash flows		14
Notes to the Accounts		7to 13
Detailed Statement of Financial Activities		15to 16

for the year	ended	31March	2022
				Unrestricted
				funds	Total funds	Total funds
				2022	2022	2021
			Notes	f	f	f
Income and	endowments
from:
Donations	and legacies			37,745	37,745	43,288
Other				17,094	17,094	20,040
Total				54,839	54,839	63,328
Expenditure	on:
Charitable	activities			1,400	1,400
Other				39,545	39,545	13,465
Total				40,945	40,945	13,465
Net gains on	investments
Net income				13,894	13,894	49,863
Transfers between		funds
Net income gains/(losses)	before	other		13,894	13,894	49,863
Other gains	and losses
Net movement in funds				13,894	13,894	49,863
Reconciliation offunds:
Total funds brought		forward		452,729	452,729	402,866
Total funds carried		forward		466,623	466,623	452,729

Balance Sheet at 31March 2022	Balance Sheet at 31March 2022
Charity No. 1122604				2022	2021
				E	E
Fixed assets
Tangible assets			11	465,382	438,058
				465,382	438,058
Current assets
Cash at bank and		in hand		9,931	30,571
				9,931	30,571
Creditors: Amount	falling due within one year		12	(8,690)	(15,900)
Net current assets				1,241	14,671
Total assets less current liabilities				466,623	452,729
Net assets excluding		pension asset or liability		466,623	452,729
Total net assets				466,623	452,729
The funds ofthe charity
Restricted funds			13
Unrestricted funds			13
General funds				466,623	452,729
				466,623	452,729
Reserves			13
Total funds				466,623	452,729

Change in	basis ofaccounting orto previous accounts	basis ofaccounting 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 of investment assets at their market values.
Restricted	funds	These are available for use subject to restrictions imposed				by the donor or		through
		terms of an 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	offixed	at the end ofthe year.
assets
Gains/(losses) on		This includes any gain or loss on the sale of investments.
investment	assets

Expenditure	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
			pa ICI.
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
						funds	Total funds
						2021	2021
Income and endowments				from:
	Donations	and legacies				43,288	43,288
	Other					20,040	20,040
Total						63,328	63,328
Expenditure		on:
	Other					13,465	13,465
Total						13,465	13,465
Net	income					49,863	49,863
Net	income before other					49,863	49,863
gains/(losses)
Other gains and losses:
Net	movement in funds					49,863	49,863
Reconciliation		offunds:
Total funds brought forward						402,866	402,866
Total funds carried forward						452,729	452,729
3	Income from donations			and legacies
					Unrestricted	Total	Total
						2022	2021
	Donation	received			37,745	37,745	43,288
					37,745	37,745	43,288
4	Other income
					Unrestricted	Total	Total
						2022	2021
	Hall Hire income				5,760	5,760
	Covid-19	Restriction	grant		11,334	11,334	20,029
					17,094	17,094	20,040

						Unrestricted	Total	Total
							2022	2021
	Expenditure		on charitable
	activities
	Charitable	contributions				1,400	1,400
	Governance		costs
						1,400	1,400
6	Other expenditure
						Unrestricted	Total	Total
							2022	2021
	Motor and	travel costs				386	386
	Premises costs					9,538	9,538	5,712
	Amortisation,		depreciation,
	impairment,		profit/loss	on		2,254	2,254	156
	disposal of	fixed assets
	Generaladministrative			costs		22,567	22,567	5,482
	Legal and professional			costs		4,800	4,800	2,115
						39,545	39,545	13,465
7	Net income		before transfers
						2022		2021
	This is stated		after charging:			f		f
	Depreciation		ofowned	fixed assets		2,254		156
8	Staff costs
	No employee		received	emoluments	in excess off60,000.

	Cost or revaluation	Cost or revaluation
	At 1April 2021				437,434	1,219	438,653
	Additions				18,931	10,647	29,578
	At 31March	2022			456,365	11,866	468,231
	Depreciation	and
	impairment
	At 1April 2021					595	595
	Depreciation	charge for the				2,254	2,254
	year
	At 31March	2022				2,849	2,849
	Net book values
	At 31March	2022			456,365	9,017	465,382
	At 31March	2021			437,434	624	438,058
12	Creditors:
	amounts falling due within one		year
					2022		2021
					f		f
	Other creditors				8,210		15,020
	Accruals				480		880
					8,690		15,900
13	Movement	in funds
					Incoming
					resources		At 31
						Resources
				At 1April	(including other	expended	March 2022
				2021	gains/losses)
					f
	Restricted funds:
	Unrestricted	funds:
	General funds			452,729	54,839	(40,945)	466,623
	Total funds			452,729	54,839	(40,945)	466,623
14	Analysis ofnet assets between		funds
						Unrestricted
							Total
						funds
						f	f
	Fixed assets					465,382	465,382
	Net current	assets				1,241	1,241
						466,623	466,623

						At 31
				At 1April		March
				2021	Cash flows	2022
				E	E	E
Cash	and	cash	equivalents	30,571	(20,640)	9,931
				30,571	(20,640)	9,931
Net	debt			30,571	(20,640)	9,931

			2022	2021
			f	E
Cash flows from operating	activities
Net income per Statement	of Financial Activities		13,894	49,863
Adjustments for:
Depreciation of property, plant and equipment			2,254	156
Dividends, interest and	rents from investments		(17,094)	(20,040)
(Decrease)/Increase in trade and other		payables	(7,210)	15,100
Net cash (used in)/provided	by operating	activities	(8,156)	45,079
Cash flows from investing	activities
Payments for property,	plant and equipment		(29,578)	(114,531)
Dividends, interest and	rents from investments		17,094	20,040
Net cash used in investing	activities		(12,484)	(94,491)
Net cash from financing activities
Net decrease in cash and cash equivalents			(20,640)	(49,412)
Cash and cash equivalents	at the beginning	ofthe year	30,571	79,983
Cash and cash equivalents	at the end ofthe year		9,931	30,571
Components ofcash and cash equivalents
Cash and bank balances			9,931	30,571
			9,931	30,571

				Unrestricted
				funds	Total funds	Total funds
				2022	2022	2021
				f	f	f
Income and endowments			from:
Donations and legacies
Donation received				37,745	37,745	43,288
				37,745	37,745	43,288
Other
Hall hire income				5,760	5,760	11
Covid-19 restrictions		grant		11,334	11,334	20,029
				17,094	17,094	20,040
Total income and endowments				54,839	54,839	63,328
Expenditure on:
Charitable activities
Charitable contributions				1,400	1,400
				1,400	1,400
Total ofexpenditure activities	on		charitable	1,400	1,400
Motor and travel costs
Travel and subsistence				386	386
				386	386
Premises costs
Rates				152	152	122
Light, heat and power				5,886	5,886	3,513
Premises insurances				1,486	1,486	752
Premises repairs and maintenance				2,014	2,014	1,325
				9,538	9,538	5,712
General administrative			costs,
including depreciation		and
amortisation
Depreciation of				2,254	2,254	156
Bank charges				229	229
Information and publications				200	200	77
Postage and couriers				149	149	42
Software, ITsupport		and related		80	80
costs
Subscriptions				173	173	157
Sundry expenses				21,083	21,083	4,544
Telephone, fax and	broadband			653	653	662
				24,821	24,821	5,638
Legal and professional		costs

SHIVA CULTURAL A Detailed Statement	ND COMMUNITY CENTRE ofFinancial Activities
Audit/Independent	examination	480	480	680
fees
Accountancy and	bookkeeping	3,000	3,000
Consultancy fees		1,320	1,320	1,176
Other legal and professional				259
costs
		4,800	4,800	2,115
Total ofexpenditure	ofother costs	39,545	39,545	13,465
Total expenditure		40,945	40,945	13,465
Net gains on investments
Net income		13,894	13,894	49,863
Net income before	other	13,894	13,894	49,863
gains/(losses)
Other Gains
Net movement in funds		13,894	13,894	49,863
Reconciliation offunds:
Tota Ifunds brought	forward	452,729	452,729	402,866
Total funds carried	forward	466,623	466,623	452,729