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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2 to 8|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|10to 13|
|Statement ofFinancial|Activities|14to 15|
|Balance Sheet||16|
|Notes to the Financial|Statements|17to 33|
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||||Trustees' Report|Trustees' Report|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Reserves||Balance as at
31.12.22|Balance as at
31.12.21||||||||
|Property
fund||K310,200||This
reserve
represents
funds
ring-fenced
for future property|||that
have
purchases.|||been|
|Nitya Seva||K8,000|K8,000||||||||
|||||This was set|up with donations||Irom|Mr.|Martin||
|Benevolent|fund|E16,195|KI6,195|Hayes
and
devotees
in|Ms.
Jaqueline
Raymen
dire
need,
especially|||to
our|assist
temple||
|||||residents.|||||||
|Restaurant
refurbishment||f.90,000|266,000|The reserve
increased
by
future refurbishments,||624,000 to help||||with|
|Diety refurbishment||f91,000|Z67,000|The reserve
increased
by
future refurbishment.||624,000 to help||||with|
|New temple|fund|f126,804|f126,804|No change fiom previous||year.|||||
|Other funds||E2,162,603|$1,974,296||||||||
|Total reserves||K2,804,802|K2,413,295||||||||
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|||||Unrestricted||Total|
|---|---|---|---|---|---|---|
|||||funds|Restricted funds|2022|
||||Note|f|||
|Income and Endowments||from:|||||
|Donations
and legacies||||586,888||586,888|
|Charitable
activities||||544,105||544,105|
|Trading activities||||1,320,678||1,320,678|
|Investinent
income||||35,333||35,333|
|Other income||||6283||6,283|
|Total income||||2,493,287||2 493 287|
|Expenditure
on:|||||||
|Raising funds||||(324,160)||(324,160)|
|Charitable
activities||||(876,122)||(876,122)|
|Trading activities||||(881,452)||(881,452)|
|Investment
properties||||20 046||20 046|
|Total expenditure||||(2,101,780)||(2,101,780)|
|Gains/losses
on investment||assets|||||
|Net income||||391,507||391,507|
|Net movement
in funds||||391,507||391,507|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||2 286491|126 804|2,413295|
|Total funds carried forward|||20|2 677 998|126,804|2,804,802|
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|||||(As restated)||(As restated)|
|---|---|---|---|---|---|---|
|||||Unrestricted||Total|
|||||funds|Restricted funds|2021|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies||||685,770||685,770|
|Charitable
activities||||442,485||442,485|
|Trading activities||||606,815||606,815|
|Investment
income||||33,956||33,956|
|Other income||||199,638||199,638|
|Total income||||1,968,664||1,968,664|
|Expenditure
on:|||||||
|Raising funds||||(363,305)||(363,305)|
|Charitable
activities||||(610,399)||(610,399)|
|Trading activities||||(524,251)||(524,251)|
|Investment
properties||||32 388||32388|
|Total expenditure||||(1,530,343)||(1,530,343)|
|Gains/losses
on investment||assets||32 500||32500|
|Net income||||405 821||405 821|
|Net movement
in funds||||405,821||405,821|
|Reconciliation
offunds|||||||
|Total funds brought|forward|||1,880 670|126,804|2,007474|
|Total funds carried|forward||20|2,286,491|126,804|2,413,295|
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|||Balance Sheet as at 31D|ecember 20|22||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Tangible assets|||13|980,888|963,585|
|Investments|||14|535,643|535,643|
|||||1,516531|1499228|
|Current
assets||||||
|Stocks|||15|86,736|62,180|
|Debtors|||16|391,489|368,106|
|Cash at bank|and in hand|||1,254,289|1,035,379|
|||||1,732,514|1,465,665|
|Creditors: Amounts||falling due within one year|17|444,243|346,007|
|Net current|assets|||1,288,271|1,119658|
|Total assets|less current liabilities|||2,804,802|2,618,886|
|Creditors: Amounts||falling due after more than one year|18||205 591|
|Net assets||||2,804,802|2,413,295|
|Funds ofthe|charity:|||||
|Restricted
income funds||||||
|Restricted funds|||20|126,804|126,804|
|Unrestricted|income|funds||||
|Unrestricted|funds|||2677998|2,286,491|
|Total funds|||20|2,804,802|2413,295|
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|3
Incom|e from donations
and legacies||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
|||||(As restated)|
||||Total|Total|
|||General|2022|2021|
|Donations|and legacies;||||
|Donations||511,961|511,961|462,690|
|Legacies||||117,226|
|Gift aid reclaimed||74,927|74,927|105,854|
|||586,888|586,888|685,770|
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|4
Incom|e from ch|aritable
activities|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
|||||||(As restated)|
||||||Total|Total|
|||||General|2022|2021|
|Charitable|activities;||||||
|Deity worship||||16,471|16,471|13,584|
|Sankirtan,|preaching|and other charitable|activities|344,183|344,183|273,506|
|Festivals|and Rathayatra|||119,978|119,978|115,562|
|Food for|life|||63,473|63 473|39,833|
|||||544,105|544,105|442,485|
##
|||Total|Total|
|---|---|---|---|
||General|2022|2021|
|Trading income;||||
|Restaurant
and catering income|1,130,519|1,130,519|493,223|
|Shop income|187,589|187,589|113,592|
|Other trading income|2,570|2,570||
||1 320 678|1,320,678|606 815|
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|8
Expen
a) Costs|diture
on raising funds
of generating
donations
and legacies||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
|||||(As restated)|
||||Total|Total|
|||General|2022|2021|
|Bhoga~||7,896|7,896|4,856|
|Utilities - gas and electricity*||6,584|6,584|3,285|
|Other expenses*||42,281|42,281|29,205|
|Printing,|postage and stationary*|12,023|12,023|11,865|
|Property|expenses —rent, rates &repairs|85,429|85,429|115,508|
|Professional
fees and support costs~||67,033|67,033|78,353|
|Telephone|and internet~|10,221|10,221|9,861|
|Travel and other motor expenses*||26,220|26,220|30,106|
|Bank and|credit card fees~|15,311|15,311|16,636|
|Depreciation *||51,162|51,162|63,630|
|||324,160|324,160|363,305|
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|b) Cost|ofcharitable|
activities|||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
|||||||(As restated)|
||||||Total|Total|
|||||General|2022|2021|
|Sankirtan,|preaching|and other charitable|activities|562,993|562,993|375,795|
|Deity worship||||182,041|182,041|115,992|
|Festivals|and Rathayatra|||95,985|95,985|77,754|
|Food for|life|||35,103|35 103|40,858|
|||||876,122|876,122|610,399|
##
|c)Costs o|ftrading
activities||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
|||||(As restated)|
||||Total|Total|
|||General|2022|2021|
|Restaurant|and catering expenses|708,675|708,675|404,307|
|Shop expenses||162,167|162,167|119,477|
|Other trading expenses||10610|10,610|467|
|||881,452|881452|524,251|
##
|d) Expendit|ure
on investment
properties||||
|---|---|---|---|---|
|||||(As restated)|
||||Total|Total|
|||General|2022|2021|
|Property||19,220|19,220|27,115|
|Utilities - Gas and Electricity||326|326|1,095|
|Professional|Fees|500|500|4,075|
|Other||||103|
|||20,046|20,046|32,388|
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|Net (outgoing)/incoming|resources|for the year include:||||
|---|---|---|---|---|---|
|||||2022|2021|
|(Profit)/Loss
on disposal|offixed assets held for the charity's||own use|(6,032)|19,762|
|Depreciation —owned assets||||72,233|62,336|
|Auditors'
remuneration||||6,600|6,000|
|Finance charges payable|(mortgage|interest)||7 054|11,821|
##
|The aggregate
payr|oll costs were as follows:|||
|---|---|---|---|
|||2022|2021|
|Staff costs during|the year were:|||
|Wages and salaries||684,333|444,199|
|National
Insurance||41,453|23,892|
|Pension costs||9,119|6,915|
|Other staff costs||5,529|2 825|
|||740,435|468 092|
|the year e|xpressed as full time equivalents
was as|follows:||||
|---|---|---|---|---|---|
|||2022||2021||
|||No||No||
|Charitable|work||33||26|
|Administration|||6||6|
||||39||32|
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|13 Tangible fixed assets|||||
|---|---|---|---|---|
|||Plant and|||
||Long Leasehold|machinery|Motor vehicles|Total|
|Cost|||||
|At 1 January 2022|1,132,642|54,440|114,891|1,301,973|
|Additions|36,679|33,035|23,990|93,704|
|Disposals|||25 300|25,300|
|At 31December 2022|1 169,321|87475|113581|1,370,377|
|Depreciation|||||
|At 1 January 2022|229,623|48,437|60,328|338,388|
|Charge for the year|44,775|8,861|18,597|72,233|
|Eliminated
on disposals|||21 132|21 132|
|At 31December 2022|274 398|57298|57 793|389489|
|Net book value|||||
|At 31 December 2022|894,923|30 177|55,788|980 888|
|At 31December 2021|903,019|6003|54 562|963,584|
##
##
|14 Fixed asset investments|||
|---|---|---|
||2022|2021|
|Investment
properties|535,643|535,643|
|Investment
properties|||
|||Investment|
|||properties|
|Cost or Valuation|||
|At 1 January 2022||535,643|
|Revaluation|||
|At 31December 2022||535,643|
|Provision|||
|At 31December 2022|||
|Net book value|||
|At 31 December 2022||535 643|
|At 31December 2021||535643|
##
|2022|||2021|||
|---|---|---|---|---|---|
||86|736||62|180|
|Goods for resale|Goods for resale|86736|62 180|
|---|---|---|---|
|16 Debtors||||
|||2022|2021|
|Trade debtors||2,923|2,778|
|Due f'rom group undertakings||260,310|260,310|
|Other debtors||59,010|65,557|
|Prepayments|and accrued income|69,246|39,461|
|||391,489|368,106|
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|17 Creditors:|amounts
falling due within
one year|||
|---|---|---|---|
|||2022|2021|
|Bank loans|||28,044|
|Trade creditors||75,583|72,139|
|Due to group undertakings||160,251|147,875|
|Other taxation|and social security|86,879|34,159|
|Other creditors||87,266|41,203|
|Accruals||34264|22 587|
|||444,243|346,007|
|18 C|reditors: amounts
falling due after one|year|||
|---|---|---|---|---|
|||2022|2021||
|Bank|loans||205|591|
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|Analysis ofmovement
i|Analysis ofmovement
i|n funds||||||
|---|---|---|---|---|---|---|---|
|General funds represent||'free reserves'.||||||
|||Balance at 1|||||Balance at 31|
|||January|Incoming|Resources|Gains and||December|
|||2022|resources|expended|losses|Transfers|2022|
|Unrestricted
funds||||||||
|General funds||||||||
|General||2,006,796|2,493,287|(2,101,780)||(203,200)|2,195,103|
|Revaluation
reserve||(32,500)|||||(32,500)|
|Total general funds||1,974,296|2,493,287|(2,101,780)||(203,200)|2,162,603|
|Designated
funds||||||||
|Property
fund||155,000||||155,200|310,200|
|Nitya Seva||8,000|||||8,000|
|Benevolent
fund||16,195|||||16,195|
|Restaurant
refurbislnnent||66,000||||24,000|90,000|
|Deity refurbishment||67,000||||24,000|91,000|
|Total designated|funds|312,195||||203,200|515,395|
|Total unrestricted|funds|2,286,491|2,493,287|(2,101,780)|||2,677,998|
|Restricted
funds||||||||
|New temple fund||126 804|||||126,804|
|Total funds||2,413,295|2,483,287|2,101,780|||2,804,802|
##
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|20 Funds (continued)|20 Funds (continued)||||||||
|---|---|---|---|---|---|---|---|---|
|Analysis ofmovement||in|funds in the previous year||||||
||||Balance at 1||||Balance at 31||
||||January|Incoming|Resources|Gains and||December|
||||2021|resources|expended|losses|Transfers|2021|
|Unrestricted
funds|||||||||
|General funds|||||||||
|General|||1,880,670|1,968,664|(1,530,343)||(312,195)|2,006,796|
|Revaluation
reserve||||||(32,500)||(32,500)|
|Total general funds|||1,880,670|1,968,664|(1,530,343)|(32,500)|(312,195)|1,974,296|
|Designated
funds|||||||||
|Property
fund|||||||155,000|155,000|
|Nitya Seva|||||||8,000|8,000|
|Benevolent
fund|||||||16,195|16,195|
|Restaurant
refurbishment|||||||66,000|66,000|
|Deity refurbishment|||||||67,000|67,000|
|Total designated|funds||||||312,195|312,195|
|Total unrestricted|funds||1,880,670|1,968,664|(1,530,343)|(32,500)||2,286,491|
|Restricted
funds|||||||||
|New temple
fund|||126804|||||126804|
|Total funds|||2,007474|1,968664|1,530,343|32,500||2,413295|
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|Restricted funds|Total funds|
|Tangible fixed|assets|980,888||980,888|
|Investments||535,643||535,643|
|Current assets||1,605,710|126,804|1,732,514|
|Current liabilities||(444,243)||(444,243)|
|Creditors
over|1 year||||
|Total net assets||2 677998|126,804|2 804 802|
|||Unrestricted||||
|---|---|---|---|---|---|
|||funds|Restricted|funds|Total funds|
|Tangible fixed|assets|963,585|||963,585|
|Investments||535,643|||535,643|
|Current assets||1,338,861||126,804|1,465,665|
|Current liabilities||(346,007)|||(346,007)|
|Creditors over|1year|205 591|||205,591|
|Total net assets||2286491||126,804|2,413,295|
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