2020-12-31-accounts

Reference and Administrative Details	Reference and Administrative Details
Chairman's Report
Trustees' Report		3 to 9
Statement ofTrustees'	Responsibilities	10
Independent Auditors'	Report	11to 14
Statement ofFinancial	Activities	15to 16
Balance Sheet		17
Notes to the Financial	Statements	18to 33

Reserves		Balance as at 31.12.19	Balance as at 31.12.20	Comments
Property fund			f,Nil	No changes &om the previous	year
Nitya Seva		f.6,000	K6,000	No changes &om the previous	year
				This was set up with donations	fiom	Mr.	Martin
Benevolent	fund	615,395	f,15,995	Hayes and Ms. Jaqueline Raymen devotees in dire need, especially		to our	assist temple
				residents.
Restaurant refurbishment		f36,000	f.42,000	The reserve increased by 66,000 to help future refurbishments.				with
Deity refurbishment		f37,000	%43,000	The reserve increased by f.6,000 to help future refurbishment.				with
New temple	fund	f126,804	F126,804	No change fiom previous year.
Other funds		f.1,889,961	f.1,773,675
Total reserves		K2,111,160	f2,007,474

				Unrestricted		Total
				funds	Restricted funds	2020
			Note
Income and Endowments		from:
Donations and legacies				323,061		323,061
Charitable activities				313,758		313,758
Other trading activities				253,307		253,307
Investment income				26,153		26,153
Other income				289,250		289,250
Total income				1,205,529		1,205,529
Expenditure on:
Raising funds				(525,410)		(525,410)
Charitable activities				(221,304)		(221,304)
Trading activities				562,501)		(562,501)
Total expenditure				1,309,215		1,309,215
Net expenditure				]03,686		103,686
Net movement in funds				(103,686)		(103,686)
Reconciliation offunds
Total funds brought	forward			1,984,356	126,804	2,111,160
Total funds carried	forward		19	1,880,670	126,804	2,007,474

							(As restated)
				Unrestricted			Total
				funds	Restricted	funds	2019
			Note		f.
Income and Endowments		from:
Donations and legacies				302,657		125,714	428,371
Charitable activities				574,696			574,696
Other trading activities				960,631			960,631
Investment income				26,902			26,902
Total income				1,864,886		125,714	1,990,600
Expenditure on:
Raising funds				(851,678)	(125,714)		(972,276)
Charitable activities				(282,161)			(287,277)
Trading activities				722,621			722,621
Total expenditure				1,856,460	(125,714		1,982,174
Net income				8,426			8,426
Net movement in funds				8,426			8,426
Reconciliation offunds
Total funds brought	forward			1,975,930		126,804	2,102,734
Total funds carried	forward		19	1,984,356		126,804	2,111,160

		Balance Sheet as at 31De	cember 202	0
					(As restated)
				2020	2019
			Note
Fixed assets
Tangible assets			13	1,609,120	1,605,781
Current assets
Stocks			14	66,289	103,640
Debtors			15	377,959	404,173
Cash at bank	and in hand			484,498	515,230
				928,746	1,023,043
Creditors: Amounts		falling due within one year	16	(303,813	277,830
Net current	assets			624,933	745,213
Total assets	less current liabilities			2,234,053	2,350,994
Creditors: Amounts		falling due after more than one year	17	(226,579	239,834
Net assets				2,007,474	2,111,160
Funds ofthe	charity:
Restricted income funds
Restricted funds				126,804	126,804
Unrestricted	income	funds
Unrestricted	funds			1,880,670	1,984,356
Total funds			19	2,007,474	2,111,160

Asset class	Depreciation method	and rate
Long leasehold properties	Over the period ofthe in year acquired	lease; charged full
Leasehold improvements	10%on cost; charged	full in year acquired
Plant and machinery	20%on cost; charged	full in year acquired
Motor vehicles	25%reducing balance in year acquired	basis; charged full

3 Incom	e from donations and legacies
		Unrestricted
		funds
				(As restated)
			Total	Total
		General	2020	2019
Donations	and legacies;
Donations		267,120	267,120	384,157
Gift aid reclaimed		55,941	55,941	44,214
		323,061	323,061	428,371

4 Incom	e from charitable a	ctivities
			Unrestricted
			funds
					(As restated)
				Total	Total
			General	2020	2019
					f
Charitable	activities;
Festivals			52,596	52,596	224,321
Food for	Life		45,503	45,503	76,618
Sankirtan	and other fundraising	activities	215,659	215,659	273,757
			313,758	313,758	574,696

5 Income	froin other trading activities
		Unrestricted
		funds
				(As restated)
			Total	Total
		General	2020	2019
		f
Trading income;
Shop income		59,165	59,165	155,942
Restaurant	and catering income	194,142	194,142	804,689
		253,307	253,307	960,631

a) Costs ofgenerating donations a	nd legacie	s
			Unrestricted
			funds
					(As restated)
				Total	Total
			General	2020	2019
		Note
Bhoga			95,994	95,994	122,540
Light and Heat			9,629	9,629	40,584
Other expenses			105,134	105,134	109,163
Postage and stationary			10,677	10,677	39,375
Property expenditure			174,377	174,377	206,724
Support costs and other professional	fees		81,613	81,613	363,070
Telephone and internet			10,185	10,185	13,975
Travel and other motor			37,801	37,801	76,845
			525,410	525,410	972,276

b) Cost	ofcharitable activities
				Unrestricted
				funds
						(As restated)
					Total	Total
				General	2020	2019
			Note
Food for	Life			39,020	39,020	5,116
Sankirtan	and other fundraising	activities		175,934	175,934	159,789
Festivals				6,350	6,350	122,372
				221,304	221,304	287,277

c) Costs o	ftrad	ing activities
				Unrestricted
				funds
					Total	Total
				General	2020	2019
			Note
Shop				65,896	65,896	103,546
Restaurant	and	catering		496,605	496,605	619,075
				562,501	562,501	722,621

				2020		2019
Loss on	disposal offixed assets held	for the charity's	own use		6,671	11,386
Depreciation —owned assets					77,597	64,522
Auditors'	remuneration				6,500	6,240
Finance	charges payable (mortgage	interest)			10,768	8,864

		2020	2019
Staff costs during the year were:
Wages	and salaries	431,443	563,663
National	Insurance	21,131	31,132
Pension	costs	13,421	8,327
Other staff costs		865	1,930
		466,860	605,052

the year e	xpressed as full time equivalents was as	follows:
		2020		2019
		No		No
Charitable	work		33		37
Administration			6		6
			39		43

13 Tangible fixed asset	s
	Investment
	Properties		Plant	and
	(As restated)	Long Leasehold	machinery f		Motor vehicles	Total
Cost
At 1 January 2020	568,143	1,200,952		64,540	46,198	1,879,833
Additions					89,59]	89,591
Disposals		(12,289)			11,317	23,606
At 31December 2020	568,143	1,188,663		64,540	124,472	1,945,818
Depreciation
At 1 January 2020		187,662		52,924	33,466	274,052
Charge for the year		46,414		5,923	25,260	77,597
Eliminated on
disposals		4,916			(10,035	14,951
At 31December 2020		229,160		58,847	48,691	336,698
Net book value
At 31December 2020	568,143	959,503		5,693	75,781	1,609,120
At 31December 2019	568,143	1,013,290		11,616	12,732	1,605,781

14 Stock
		2020f	2019
Finished goods		66,289	103,640
15 Debtors
			(As restated)
		2020	2019
Trade debtors		399	23,473
Due &om group undertakings		260,310	260,310
Other debtors		75,866	65,784
Prepayments	and accrued income	41,384	54,606
		377,959	404,173

16 Creditors: amounts falling due within one year
		(As restated)
	2020	2019
Bank loans	34,639	34,639
Trade creditors	38,031	37,256
Due to group undertakings	167,397	97,215
Other taxation and social security	18,842	55,802
Other creditors	32,082	41,982
Accruals	12,822	10,936
	303,813	277,830

17 C	reditors: amounts falling due after one year
			(As restated)
		2020	2019
			f.
Bank	loans	226,579	239,834
Refer	to note 16for details of restatement.

Analysis of		movement in fun	ds
			Balance	at 1	Incoming	Resources	Balance at 31
			January f	2020	resources	expended f	December 2020
Unrestricted		funds
General			1,984,356		1,205,529	(1,309,215)	1,880,670
Restricted	funds			126,804			126,804
Total funds			2,111,160		1,205,529	(1,309,215	2,007,474

Analysis of	movement	in funds in the previous year
		Balance at 1	Incoming	Resources	Balance at 31
		January 2019	resources	expended f	December 2019
Unrestricted	funds
General		1,975,930	1,864,886	(1,856,460)	1,984,356
Restricted funds		126,804	125,714	125,714	126,804
Total funds		2,102,734	1,990,600	(1,982,174)	2,111,160

20 Analysis ofnet assets between fund Current year	s
	Unrestricted
	funds
	General	Restricted	funds	Total funds
		f
Tangible fixed assets	1,609,120			1,609,120
Current assets	801,942		126,804	928,746
Current liabilities	(296,606)			(296,606)
Creditors over 1 year	(233,786			233,786
Total net assets	1,880,670		126,804	2,007,474

				Unrestricted
				funds
				(As restated)		(As restated)
				General	Restricted funds	Total funds
Tangible		fixed	assets	1,605,781		1,605,781
Current	assets			896,239	126,804	1,023,043
Current	liabilities			(270,623)		(270,623)
Creditors		over	1 year	247,041		247,041
Total net		assets		1,984,356	126,804	2,111,160