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||Page|
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|Report ofthe Trustees|1to2|
|Statement ofTrustees Responsibilities||
|Independent
Examiner's
Report||
|Statement ofFinancial Activities||
|Balance Sheet||
|Notes to the Financial Statements|7to 10|
|Detailed Statement ofFinancial Activities||
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||FO|R THE Y|EAREN|DED 31STDEC|EMBER2020|||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||||
|INCOMING RESOURCES||||||||
|Incoming resources|from generated|funds||||||
|Voluntary
income||||162,127||162,127|184,929|
|Investment
income||||18,876||18,876|31,666|
|Total incoming resources||||181,003||181,003|216,595|
|RESOURCES EXPENDED||||||||
|Charitable
activities||||||||
|Provision ofreligious|services|||92,164|50,735|142,899|175,633|
|Governance
costs||||1,800||1,800|1,800|
|Total resources expended||||93,964|50,735|144,699|177,433|
|NKT INCOMING/(OUTGOING)||||||||
|RESOURCES||||87,039|(50,735)|36,304|39,162|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought|forward|||1,668,738|2,225,474|3,894,212|3,855,050|
|TOTAL FUNDS CARRIED FORWARD||||1,755,777|2,174,739|3,930,516|3,894,212|
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||AT31ST|DECEMBER202|0|||
|---|---|---|---|---|---|
|||||2020|2019|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets||455,890|2,174,739|2,630,629|2,695,374|
|CURRENT ASSETS||||||
|Investments||1,015,116||1,015,116|1,015,116|
|Cash atbank and in hand||286,571||286,571|185,634|
|||1,301,687||1,301,687|1,200,750|
|CREDITORS||||||
|Amounts
falling due within one year||(1,800)||(1,800)|(1,912)|
|NKT CURRENT ASSETS||1,299,887||1,299,887|1,198,838|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,755,777|2,174,739|3,930,516|3,894,212|
|NET ASSETS||1,755,777|2,174,739|3,930,516|3,894,212|
|FUNDS||||||
|Unrestricted
funds||||1,755,777|1,668,738|
|Restricted funds||||2,174,739|2,225,474|
|TOTAL FUNDS||||3,930,516|3,894,212|
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||2020|2019|
|---|---|---|
|Rent received|18,752|26,374|
|Deposit account interest|124|5,292|
||18,876|31,666|
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|4.|STAFFCOSTS||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||Wages and salaries||||||16,974|14,175|
||The average monthly|number ofemployees||during the year was|as follows:||||
||||||||2020|2019|
||Priest||||||1|1|
||No employees received emoluments||in excess off60,000.||||||
|5.|TANGIBLE FIXEDASSETS||||||||
|||||Freehold|Improvements||Fixtures and||
|||||property|to property||fittings|Totals|
||COST||||||||
||At 1stJanuary 2020 and||||||||
||31stDecember 2020|||295,000|2,536,699||162/00|2,993,899|
||DEPRECIATION||||||||
||At 1stJanuary 2020|||61,950||196,025|40,550|298,525|
||Charge for year|||5,900||50,735|8,110|64,745|
||At 31stDecember 2020|||67,850||246,760|48,660|363,270|
||NKT BOOKVALUE||||||||
||At 31stDecember 2020|||227,150|2,289,939||113,540|2,630,629|
||At 31stDecember 2019|||233,050|2,340,674||121,650|2,695,374|
|6.|CURRENT ASSET|INVESTMKNTS|||||||
||||||||2020|2019|
||Investments||||||1,015,116|1,015,116|
|7.|CREDITORS: AMOUNTS FALLING|||DUE WITHIN ONK|YEAR||||
||||||||2020|2019|
||Other creditors|||||||112|
||Accrued expenses||||||1,800|1,800|
||||||||1,800|1,912|
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|||||Net movement||
|---|---|---|---|---|---|
||||At1/1/20|in funds|At 31/12/20|
|Unrestricted
funds||||||
|General fund|||1,668,738|87,039|1,755,777|
|Restricted funds||||||
|Building Extension Fund|||2,225,474|(50,735)|2,174,739|
|TOTAL FUNDS|||3,894,212|36,304|3,930,516|
|Net movement
in funds, included|||in the above are as follows;|||
||||Incoming|Resources|Movement
in|
||||resources|expended|funds|
|Unrestricted
funds||||||
|General fund|||181,003|(93,964)|87,039|
|Restricted funds||||||
|Building Extension Fund||||(50,735)|(50,735)|
|TOTAL FUNDS|||181,003|(144,699)|36,304|
|Comparatives
for movement||in|funds|||
|||||Net movement||
||||At 1/1/19|in funds|At 31/12/19|
|Unrestricted
Funds||||||
|General fund|||1,578,841|89,897|1,668,738|
|Restricted Funds||||||
|Building Extension Fund|||2,276,209|(50,735)|2,225,474|
|TOTAL FUNDS|||3,855,050|39,162|3,894/12|
|Comparative
net movement|in|funds, included in the above are as follows:||||
||||Incoming|Resources|Movement
in|
||||resources|expended|funds|
|Unrestricted
funds||||||
|General fund|||216,595|(126,698)|89,897|
|Restricted funds||||||
|Building Extension Fund||||(50,735)|(50,735)|
|TOTAL FUNDS|||216,595|(177,433)|39,162|
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|||Net movement||
|---|---|---|---|
||At 1/1/19|in funds|At 31/12/20|
|Unrestricted
funds||||
|General fund|1,578,841|176,936|1,755,777|
|Restricted funds||||
|Building Extension Fund|2,276,209|(101,470)|2,174,739|
|TOTAL FUNDS|3,855,050|75,466|3,930,516|
||Incoming|Resources|Movement
in|
|---|---|---|---|
||resources|expended|funds|
|Unrestricted
funds||||
|General fund|397,598|(220,662)|176,936|
|Restricted funds||||
|Building Extension Fund||(101,470)|(101,470)|
|TOTAL FUNDS|397,598|(322,132)|75,466|
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||FOR THK YEARENDED|31STDECEMBER2020||
|---|---|---|---|
|||2020|2019|
|INCOMING RESOURCES||||
|Voluntary
income||||
|Donations||129,245|136,156|
|GiA aid||32,882|38,334|
|Insurance
claim|||10,439|
|||162,127|184,929|
|Investment
income||||
|Rent received||18,752|26,374|
|Deposit account|interest|124|5,292|
|||18,876|31,666|
|Total incoming|resources|181,003|216,595|
|RESOURCES EXPENDED||||
|Charitable
activities||||
|Wages||16,974|14,175|
|Rates and water||1,486|1,419|
|Insurance||7,112|7,704|
|Light and heat||13,619|10,279|
|Telephone||775|750|
|Postage and stationery||1,602|1,876|
|Household &cleaning||1,428|2,188|
|Prasad &kitchen|expenditure|1,627|5,565|
|Musical &video|instruments|116|11,826|
|Donations made|||51,412|
|Repair &maintenance||28,240|1,630|
|Shibir expenses|||2,064|
|Covid Relief expenses||5,175||
|Freehold property||64,745|64,745|
|||142,899|175,633|
|Governance
costs||||
|Examination
fee||1,800|1,800|
|Total resources|expended|144,699|177,433|
|Net income||36,304|39,162|