| for the year | ended 31March | 2022 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2022 | 2022 | 2021 | |||
| Notes | E | E | E | ||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 138,600 | 138,600 | 132,353 | |
| Investments | 16 | 16 | 273 | ||
| Total | 138,616 | 138,616 | 132,626 | ||
| Expenditure | on: | ||||
| Charitable | activities | 9,176 | 10,626 | 14,073 | |
| Other | 126,939 | 125,489 | 132,743 | ||
| Total | 136,115 | 136,115 | 146,816 | ||
| Net gains on | investments | ||||
| Net income/(expenditure) | 2,501 | 2,501 | (14,190) | ||
| Transfers between funds | |||||
| Net income/(expenditure) | 2,501 | 2,501 | (14,190) | ||
| before other | gains/(losses) | ||||
| Other gains | and losses | ||||
| Net movement in funds |
2,501 | 2,501 | (14,190) | ||
| Reconciliation offunds: | |||||
| Total funds brought forward | 1,832,803 | 1,832,803 | 1,846,993 | ||
| Total funds carried forward | 1,835,304 | 1,835,304 | 1,832,803 |
| SHRI GURU RAVIDASS CULTURAL ASSOCIATION BIRMINGHAM Balance Sheet at 31March 2022 |
SHRI GURU RAVIDASS CULTURAL ASSOCIATION BIRMINGHAM Balance Sheet at 31March 2022 |
|||
|---|---|---|---|---|
| Charity No. 1122946 | 2022 | 2021 | ||
| f | f | |||
| Fixed assets | ||||
| Tangible assets | 3 | 4,808,196 | 4,802,793 | |
| 4,808,196 | 4,802,793 | |||
| Current assets | ||||
| Cash at bank and in hand | 223,880 | 296,963 | ||
| 223,880 | 296,963 | |||
| Creditors: Amount | falling due within one year | 4 | (77,236) | (77,436) |
| Net current assets | 146,644 | 219,527 | ||
| Total assets less current liabilities | 4,9S4,840 | 5,022,320 | ||
| Creditors: Amounts | falling due after more than one year | 5 | (402,957) | (472,938) |
| Net assets excluding pension asset or liability | 4,551,883 | 4,549,382 | ||
| Total net assets | 4,551,883 | 4,549,382 | ||
| The funds ofthe charity | ||||
| Restricted funds | ||||
| Unrestricted funds |
||||
| General funds | 1,835,304 | 1,832,803 | ||
| 1,832,803 | ||||
| Reserves | ||||
| Revaluation reserve |
2,716,579 | 2,716,579 | ||
| 2,716,579 | 2,716,579 | |||
| Total funds | 4,551,883 | 4,549,382 |
| Fund accounting | Fund accounting | Fund accounting | ||||||
|---|---|---|---|---|---|---|---|---|
| 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. |
| Income fro | m donations and legacies |
|||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| 2022 | 2021 | |||
| Golak Donations | 162,007 | 162,007 | 58,021 | |
| Other Donations | 116,248 | 116,248 | 74,332 | |
| Repayment | ofgift aid | (139,655) | (139,655) | |
| 138,600 | 138,600 | 132,353 |
| No | tes tothe Accounts | ||||
|---|---|---|---|---|---|
| 3 | Tangible fixed assets | ||||
| Cost or revaluation | |||||
| At 1April 2021 | 4,596,788 | 14,660 | 227,384 | 4,838,832 | |
| Additions At 31March 2022 |
~4966$) | =1~6 | 8,134 ~3%5%1 |
8,134 M44~964 |
|
| Depreciation and |
|||||
| impairment | |||||
| At 1April 2021 | 996,788 | 14,660 | 223,602 | 1,235,050 | |
| Depreciation charge forthe | 2,731 | 2,731 | |||
| year | |||||
| At 31March 2022 | 67 | 466 | ~~7' | ~218 77Q | |
| Net book values | |||||
| At 31March 2022 At 31March 2021 |
~~ ~72 |
~QK496 &~6@752 |
|||
| 4 | Creditors: | 2022 | 2021 | ||
| amounts falling due within one year |
|||||
| f | f | ||||
| Bank loans and overdrafts | 76,236 | 76,236 | |||
| Other creditors | 1,000 | 1,200 | |||
| 7723 | 77 43 | ||||
| 5 | Creditors: | ||||
| amounts falling due after more than one year |
|||||
| 2022 | 2021 | ||||
| f | f | ||||
| Bank loans and overdrafts | 402,957 | 472,938 | |||
| ~4)+~7 | 47~8 |
| forthe year ended 31March 2022 | 2022 | 2021 | ||
|---|---|---|---|---|
| Incoming Resources Golak Donations Other Donations Repayment ofGift Aid |
162,007 116,248 (339,655) |
138,600 | 58,021 74,332 |
132,353 |
| Investment income Deposit account interest |
16 | ?73 | ||
| 138,616 | 132,626 | |||
| Expenditure- charitable activities Water Rates insurance Light and heat Food &Catering |
15,224 17,685 21,130 51,441 |
9,634 16,171 22,815 26,419 20 |
||
| Education 81Sports Activities Advertising Motor expenses Repairs and renewals Project Hall No 2 Project Balcony Covid-19 |
1,450 12,660 |
2,545 1,121 6,412 11,863 14,845 4,993 475 |
||
| Security Expenses Sundry expenses Kirtan and other Religious Social 81 Cultural Activities Depreciation Decorations Cleaning and pest control Accountancy |
2,783 550 2.731 51 75 1,000 |
630 5,540 1,536 989 293 629 1,200 613 |
||
| Legal fees Donations |
159 | 126,939 | 4,000 | 132743 |
| 11,677 | (117) | |||
| Governance Costs Postage, Stationery 86Office Supplies Telephone, fax and internet Bank charges Bank interest Bank loan interest |
1,579 1,954 1&5 6 5,452 |
9 376 | 5,122 3,029 104 5,818 |
14073 |
| Net Incomef(Deficit) | 2,501 | (14,190} |