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|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|5|
|Report ofthe Independent
Auditors|6|to|7|
|Statement ofFinancial Activities||||
|Balance Sheet|9|to|10|
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||12||
|Notes to the Financial Statements|13|to|21|
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|||for|the Year E|nded 31March|2021|||
|---|---|---|---|---|---|---|---|
|||||||3].3.21|31.3.20|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME AND ENDOWMENTS FROM||||||||
|Donations
and legacies||||35,068|289,757|324,825|494,441|
|Investment
income|||||553|553|3,616|
|Total||||35,068|290,310|325,378|498,057|
|EXPENDITURE|ON|||||||
|Raising funds||||||||
|Raising donations|and|legacies||576|1,786|2,362|13,654|
|||||576|1,786|2,362|13,654|
|Charitable
activities||||||||
|Event management||||19,071|12,437|31,508|46,453|
|Welfare|||||31,666|31,666|2,436|
|Other||||31,533||31,533|12,664|
|Total||||51,180|45,889|97,069|75,207|
|NKT INCOME/(EXPENDITURE)||||(16,112)|244,421|228,309|422,850|
|Transfers
between
funds|||18|(10,000)|10,000|||
|Net movement
in|funds|||(26,112)|254,421|228,309|422,850|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought||forward||75,994|2,606,045|2,682,039|2,259,189|
|TOTAL FUNDS|CARRIED FORWARD|||49,882|2,860,466|2,910,348|2,682,039|
##
|||||31.3.21|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|11|20,382|4,149,183|4,169,565|2,626,105|
|Investments|12|100||100|100|
|||20,482|4,149,183|4,169,665|2,626,205|
|CURRENT ASSETS||||||
|Debtors|13|12,433|194,438|206,871|212,444|
|Investments|14|4,070||4,070|4,070|
|Cash at bank and in hand||17,581|259,295|276,876|164,285|
|||34,084|453,733|487,817|380,799|
|CREDITORS||||||
|Amounts
falling due within one year|15|(4,684)|(1,692,450)|(1,697,134)|(324,965)|
|NET CURRENT ASSETS||29,400|(1,238,717)|(1,209,317)|55,834|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||49,882|2,910,466|2,960,348|2,682,039|
|CREDITORS||||||
|Amounts
falling due aller more than one year|16||(50,000)|(50,000)||
|NET ASSETS||49,882|2,860,466|2,910,348|2,682,039|
||Bal|ance Sheet - continued
31March 2021|||
|---|---|---|---|---|
|FUNDS||18|||
|Unrestricted|funds:||||
|General
fund|||49,882|75,994|
|Restricted|funds:||||
|Restricted|Fixed Asset Funds —Temple Project||2,838,693|2,592,228|
|Religious|events||5,011|5,279|
|Health/Organ
donation|||16,762|8,538|
||||2,060,466|2,606 046|
|TOTAL FUNDS|||2,910,348|2,682,039|
##
|||||||Cash Flow Statement|||
|---|---|---|---|---|---|---|---|---|
||||||for the|Year Ended 31March|2021||
||||||||31.3.21|31.3.20|
||||||Notes||||
|Cash flows from|operating||activities||||||
|Cash generated
fi|om operations||||||38,742|462,298|
|Net cash provided|by operating|||activities|||38,742|462,298|
|Cash flows from|investing||activities||||||
|Purchase oftangible
fixed||assets|||||(1,545,710)|(888,643)|
|Interest received|||||||553|3,616|
|Net cash used in investing||activities|||||(1,545,157)|(885,027)|
|Cash flows from|financing||activities||||||
|New loans in year|||||||1,671,000|26,000|
|Loan repayments|in year||||||(50,000)|(10,000)|
|Group company|||||||(1,994)|(6,740)|
|Net cash provided|by financing|||activities|||1,619,006|9,260|
|Change in cash and cash||equivalents|||in the||||
|reporting
period|||||||112,591|(413,469)|
|Cash and cash equivalents|||at the beginning||||||
|ofthe reporting|period||||||164,285|577,754|
|Cash and cash equivalents|||at the end||ofthe||||
|reporting
period|||||||276,876|164,285|
##
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|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|Notes to the Cash Flow Statement
for the Year Ended 31March 2021|
|---|---|---|---|---|---|---|
|RECONCILIATION
OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES|||||||
||||||31.3.21|31.3.20|
|Net income for the||reporting||period (as per the Statement ofFinancial|||
|Activities)|||||228,309|422,850|
|Adjustments
for:|||||||
|Depreciation
charges|||||2,250|2,250|
|Interest received|||||(553)|(3,616)|
|Decrease/(increase)||in debtors|||7,567|(176,441)|
|(Decrease)/increase||in creditors|||(198,831)|217,255|
|Net cash provided|by operations||||38,742|462,298|
|ANALYSIS OF CHANGES IN NET FUNDS/(DEBT)|||||||
|||||At 1.4.20|Cash flow|At 31.3.21|
|Net cash|||||||
|Cash at bank and in hand||||164,285|112,591|276,876|
|||||164,285|112,591|276,876|
|Liquid resources|||||||
|Deposits included|in|cash|||||
|Current asset investments||||4,070||4,070|
|||||4,070||4,070|
|Debt|||||||
|Debts falling due within|||1 year|(107,000)|(1,571,000)|(1,678,000)|
|Debts falling due after 1|||year||(50,000)|(50,000)|
|||||(107,000)|(1,621,000)|(1,728,000)|
|Total||||61,355|(1,508,409)|(1,447,054)|
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|DONATION|S
AND LEG|ACIES|||||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|Gifts|||1|751|752|17,416|
|Donations|||4,200|9,607|13,807|226,901|
|Gift aid|||13,161||13,161|11,779|
|Building Fund||||228,723|228,723|167,466|
|Grants||||40,533|40,533|16,505|
|Membership|&Member donations||17,706||17,706|39,116|
|Health &General activities||||||994|
|Religious events||||10,143|10,143|14,264|
||||35,068|289,757|324,825|494,441|
|Grants received, included||in the above, are as follows:|||||
||||||31.3.21|31.3.20|
|Health|||||40,533|16,505|
##
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||for the Year|for the Year|Ended 31March|2021|||
|---|---|---|---|---|---|---|
|3.|INVESTMENT INCOME||||||
||||||31.3.21|31.3.20|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||Deposit account interest|||553|553|3,616|
|4.|RAISING DONATIONS|AND LEGACIES|||||
||||||31.3.21|31.3.20|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||Sundries, travel 0advtg||576|1,786|2,362|9,436|
||Travel|||||4,218|
||||576|1,786|2,362|13,654|
|5.|CHARITABLE ACTIVITIES COSTS||||||
||||||Support||
|||||Direct|costs (see||
|||||Costs|note 6)|Totals|
||Event management|||27,908|3,600|31,508|
||Welfare|||22,066|9,600|31,666|
|||||49,974|13,200|63,174|
|6.|SUPPORT COSTS||||||
||||||Governance||
|||||Management|costs|Totals|
||Other resources expended|||27,333|4,200|31,533|
||Event management|||3,600||3,600|
||Welfare|||9,600||9,600|
|||||40,533|4,200|44,733|
##
|||31.3;21|31.3.20|
|---|---|---|---|
|Auditors'
remuneration||4,200||
|Depreciation
-|owned assets|2,250|2,250|
|Other operating|leases|4,800|7,250|
##
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||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
|Wages and salaries|||||30,822|10,257|
||||||30,822|10,257|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||31.3.21|31.3.20|
|Administration|||||2|1|
|No employees|received emoluments||in excess of660,000.||||
##
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|11.|TANGIBLE FIXEDASSETS||||
|---|---|---|---|---|
||||Fixtures||
|||Freehold|and||
|||ploperty|fittings|Totals|
||COST||||
||At 1 April 2020|2,612,032|27,283|2,639,315|
||Additions|1,545,710||1,545,710|
||At 31March 2021|4,157,742|27,283|4,185,025|
||DEPRECIATION||||
||At 1 April 2020||13,210|13,210|
||Charge for year||2,250|2,250|
||At 31March 2021||15,460|15,460|
||NET BOOK VALUE||||
||At 31March 2021|4,157,742|11,823|4,169,565|
||At 31March 2020|2,612,032|14,073|2,626,105|
|12.|FIXEDASSET INVESTMENTS||||
|||||Shares in|
|||||gl'oup|
|||||undertakings|
||MARKET VALUE||||
||At 1 April 2020 and 31March 2021|||100|
||NET BOOK VALUE||||
||At 31March 2021|||100|
||At 31March 2020|||100|
|Nature of|business: Non-profit
Project Ma|nagement|||
|---|---|---|---|---|
|||10|||
|Class ofshare:||holding|||
|Ordinary||100|||
||||31.3.21|31.3.20|
|Aggregate|capitalandreserves||100|100|
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|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|
||31.3.21|31.3.20|
|Gifts receivable|180,000|190,000|
|Amounts
owed by group undertakings|19,438|17,444|
|VAT|1,083||
|P repayments|6,350|5,000|
||206,871|212,444|
|CURRENT ASSET INVESTMENTS|||
||31.3.21|31.3.20|
|Other|4,070|4,070|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.3.21|31.3.20|
|Other loans (see note 17)|1,678,000|107,000|
|Trade creditors||217,241|
|Accrued expenses|19,134|724|
||1,697,134|324,965|
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|||31.3.21|31.3.20|
|---|---|---|---|
|Amounts|falling due within one year on demand:|||
|Other loans|||50,000|
|Building|fund bonds|1,678,000|57,000|
|||1,678,000|107,000|
|Amounts|falling due between two and five years:|||
|Bank loans - 2-5 years||50,000||
##
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|MOVEM|EN|T IN FUNDS|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
|Unrestricted||funds|||||
|General|fund||75,994|(16,112)|(10,000)|49,882|
|Restricted funds|||||||
|Restricted Fixed Asset Funds —Temple|||||||
|Project
Religious|events||2,592,228
5,279|236,465
(268)|10,000|2,838,693
5,011|
|Health/Organ||donation|8,538|8,224||16,762|
||||2,606,045|244,421|10,000|2,860,466|
|TOTAL|FUNDS||2,682,039|228,309||2,910,348|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in f'unds|
|Unrestricted|funds||||
|General fund||35,068|(51,180)|(16,112)|
|Restricted funds|||||
|Restricted Fixed Asset Funds —Temple|||||
|Project||238,491|(2,026)|236,465|
|Religious
events||10,143|(10,411)|(268)|
|Health/Organ|donation|41,676|(33,452)|8,224|
|||290,310|(45,889)|244,421|
|TOTAL FUNDS||325,378|(97,069)|228,309|
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.19|in funds|funds|31.3.20|
|Unrestricted|funds|||||
|General fund||159,979|25,650|(109,635)|75,994|
|Restricted funds||||||
|Restricted Fixed Asset Funds —Temple||||||
|Project||2,087,425|383,383|121,420|2,592,228|
|Religious
events||11,785|5,279|(11,785)|5,279|
|Health/Organ|donation||8,538||8,538|
|||2,099,210|397,200|109,635|2,606,045|
|TOTAL FUNDS||2,259,189|422,850||2,682,039|
##
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||74,836|(49,186)|25,650|
|Restricted funds|||||
|Restricted Fixed Asset Funds —Temple|||||
|Project||395,432|(12,049)|383,383|
|Religious
events||16,815|(11,536)|5,279|
|Health/Organ|donation|10,974|(2,436)|8,538|
|||423,221|(26,021)|397,200|
|TOTAL FUNDS||498,057|(75,207)|422,850|
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