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|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|
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|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||||||
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|||||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|
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||||||||(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|
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|||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|||||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|
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|||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|
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|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|
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|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|
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|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|
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|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.|||
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|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|
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|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|
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|||||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|
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