|||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|