2022-03-31-accounts - The Jain Network

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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
Notes to the Financial Statements	11	to	17
Detailed Statement ofFinancial Activities	18	to	19

	Th	e Jain Network Limited	e Jain Network Limited
		Balance Sheet
		31	March 2022
					31.3.22	31.3.21
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
		Notes
FIXEDASSETS
Tangible assets			18,609	5,229,916	5,248,525	4,169,565
Investments			100		100	100
			18,709	5,229,916	5,248,625	4,169,665
CURRENT ASSETS
Debtors		9	10,000	7,845	17,845	206,871
Investments		10				4,070
Cash at bank and in hand			23,579	65,450	89,029	276,876
			33,579	73,295	106,874	487,817
CREDITORS
Amounts falling	due within one year	11	(12,570)	(2,183,257)	(2,195,827)	(1,697,134)
NET CURRENT ASSETS			21,009	~2,109,962)	(2,088,963)	(1,209,317)
TOTAL ASSETSLESSCURRENT
LIABILITIES			39,718	3,119,954	3,159,672	2,960,348
CREDITORS
Amounts falling	due after more than one year	12		(50,000)	(50,000)	(50,000)
NET ASSETS			39,718	3,069,954	3,109,672	2,910,348
FUNDS		14
Unrestricted funds:
General fund					39,718	49,882
Restricted funds:
Restricted Fixed Asset Funds —Temple Project					3,026,810	2,838,693
Religious events					25,489	5,011
Health/Organ	donation				17,655	16,762
					3,069,954	2,860,466
TOTAL FUNDS					3,109,672	2,910,348

5.	STAFF COSTS	STAFF COSTS
	The average monthly number ofemployees		during	the year was as follows:
					31.3.22	31.3.21
	Administration				2	2
	No employees received	emoluments in excess of560,000.
6.	KEYMANAGEMENT	PERSONNEL

FIXEDASSET INVESTME	NTS - continued
Jain Centre Jinalay (Temple	Project) Ltd
Registered office: Registered	in England &Wales
Nature ofbusiness: Non-profit	Project Management
Class ofshare	holding
Ordinary	100
		31.3.22	31.3.21
Aggregate capital and reserves		100	100
DEBTORS:AMOUNTS FALLING DUK WITHIN ONE YEAR
		31.3.22	31.3.21
Donation receivable		5,000	180,000
Amounts owed by group undertakings		5,830	19,438
Other debtors		479	1,083
Prepayments		6,536	6,350
		17,845	206,871
CURRENT ASSETINVESTMENTS
		31.3.22	31.3.21
Other			4,070
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		31.3.22	31.3.21
Other loans (see note 13)		1,949,000	1,678,000
Trade creditors		217,242
Social security and other taxes		616
Accrued expenses		28,969	19,134
		2,195,827	1,697,134

	An analysis ofthe maturity ofloan	s is given below	:
					31.3.22	31.3.21
	Amounts falling due within one year on demand:
	Building fund bonds				1,949,000	1,678,000
	Amounts falling due between two	and five years:
	Bank loans -2-5 years				50,000	50,000
14.	MOVEMENT IN FUNDS
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
	Unrestricted funds
	General fund		49,882	1,563	(11,727)	39,718
	Restricted funds
	Restricted Fixed Asset Funds —Temple
	Project		2,838,693	178,74]	9,376	3,026,810
	Religious events		5,011	18,327	2,151	25,489
	I-Iealth/Organ donation		16,762	693	200	17,655
			2,860,466	197,761	11,727	3,069,954
	TOTAL FUNDS		2,910,348	199,324		3,109,672
	Net movement in funds, included	in the above are	as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
	Unrestricted funds
	General fund			44.356	(42,793)	1,536
	Restricted funds
	Restricted Fixed Asset Funds —Temple
	Prospect Religious events			190,400 48,272	(11,659) (29,945)	178,741 18,327
	Health/Organ donation			6,063	(5,370)	693
				244,735	~46,974)	197,761
	TOTAL FUNDS			289,091	~89,167)	199,324

					Net	Transfers
					movement	between	At
			At	1.4.20	in funds	funds	31.3.21
Unrestricted	funds
General fiind			75,994		(16,112)	(10,000)	49,882
Restricted funds
Restricted Fixed Asset Funds —Temple
project			2,592,228		236,465	10,000	2,838,693
Religious events				5,279	(268)		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
Comparative	net movement	in funds, included	in the above are as follows:
					Incoming	Resources	Movement
					Resources	expended	in funds
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)
Healtlv'Organ	donation				41,676	(33,452)	8,224
					290,310	~(45,889	244,421
TOTAL FUNDS					325,378	(97,069)	228,309

				The Jain Network Limited	The Jain Network Limited
				Detailed Statement ofFinancial		Activities
				for the Year Ended 31March 2022
							31.3.22	31.3.21
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
INCOME AND	ENDOWMENTS
Donations and	legacies
Gills					6,751		6,751	752
Donations					9,801	14,583	22,384	13,807
Gift aid					29,805		29,805	13,161
Building Fund						190,282	190,282	228,723
Grants						5,532	5,532	40,533
Membership &Member donations						753	753	17,706
Religious events						33,466	33,466	10,143
					46,357	244,616	288,973	324,825
Investment income
Deposit account	interest					118	118	553
Total incoming	resources				46,357	244,734	289,091	325,378
EXPENDITURE
Raising donations		aml legacies
Legal &professional						6,000	6,000
Sundries, travel	& advtg					7,635	7,635	2,362
						13,635	13,635	2,362
Charitable activities
Wages						2,969	2,969
Other operating	leases					3,770	3,770	4,800
Caretaker &Maintenance						13,000	13,000	13,000
Insurance						679	679	2,026
Light and heat						2,850	2,850	2,928
Property repairs								5,643
Event costs						7,944	7,944	21,577
						31,212	3],212	49,974
Support costs
Management
Wages					23,732	2,127	25,859	30,822
Telephone					904		904	2,996
Postage and stationery					2,349		2,349	2,816
Sundries					440		440	1,649
Cleaning					854		854
Depreciation oftangible			and heritage	assets	1,773		1,773	2,250
					30,052	2,127	32,179	40,533