The Registered Company Number is:- 06649268 The Charity Registration Number is :- 1134898 Shree Ram Krishna Community Project Report and Accounts 31 March 2022 ## **Shree Ram Krishna Community Project** ## **Report and accounts** ## **Contents** ||**Page**| |---|---| |**Charity information**|1| |**Trustees' Annual Report**|2-5| |**Statement of directors' responsibilities**|5-6| |**Independent Examiner's Report**|7-8| |**Funds Statements:-**|| |Statement of Financial Activities|9| |Income and Expenditure account|10| |Statement of Financial Activities - Prior Year statement|11| |**Balance sheet**|12| |**Notes to the accounts**|13-21| ## **Shree Ram Krishna Community Project** Registered company number:- 06649268 ## **Reference and administrative details** ## **Members Trustees** V.V. Odedra, Trustee K.P. Mistry K.L. Harris N. R. Sinha Gopal Sharma ## **Company registered number** 6649268 ## **Charity registered number** 1134898 ## **Company name** Shree Ram Krishna Community Project ## **Principal and registered office** First Floor, Alfred Street, Loughborough, Leicestershire, LE11 1NG ## **Chief executive officer** V.V. Odedra ## **Accountants** Jitender Kaur, Fairfax Chartered Accountant, 9 Stoughton Road, Oadby, Leicester LE2 4DS 1 ## **Shree Ram Krishna Community Project** Registered company number:- 06649268 ## **Trustees' Annual Report for the year ended 31 March 2022** The Trustees present their Report and Accounts for the year ended 31 March 2021, which also comprises the Directors' Report required by the Companies Act 2006. The Trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015). ## **Structure, Governance and Management** ## _a)_ _**Legal structure of the charity**_ The charity is constituted as a company limited by guarantee, registered under the Companies Acts. and its governing document is a Memorandum and Articles of Association under company legislation. The Governing Document is dated 17/07/2008. By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation. The company commenced trading on 17 July 2008 and was registered witht the Charity Commission on 12 March 2010 as Charity Number 1134898. The charitable company is governed by its Memorandum and Articles of Association, last amended 15 February 2010, and the event of the charitabe company being wound up the liability of the member is limited to £10. ## _b)_ _**Method of Recruitment and Appointment of Trustees**_ The trustees, who are also the directors for the purpose of company law, and who served during the year were: V.V. Odedra K.P. Mistry K.L. Harris N.R. Sinha Gopal Sharma The charity may by ordinary resolution appoint a person who is willing to act to be a director, and determine the rotation in which any additional directors are to retire. ## **Objects and activities of the charity** ## _a)_ _**Objects and Aims**_ The objects of the charity are to advance education, preserve and protect health, relieve poverty and to provide facilities for recreation or leisure time occupation for parents who are in need of such facilities by reason of their social or economic circumstances, for the benefit of the residents of Loughborough or for the public at large, with the object of improving their conditions of life. The restrictions on the ways in which the charity can operate are as laid out in the constitution of Shree Ram Krishna Community Project held by the Charity Commission, these being: -All decisions related to distribution of general funds are agreed by the management committee. 2 ## **Shree Ram Krishna Community Project** Registered company number:- 06649268 ## **Trustees' Annual Report for the year ended 31 March 2022** -No profit is applied, paid or transferred either directly or indirectly for gain to any member of the organisation; provided this does not prevent payment of any approved or out of pocket expenses. -No amendments are made to the constitution that would cause the organisation to cease to be a charity at law. -In the event of a dissolution all property will be given or transferred to other charitable institutions with the same or similar objectives to the Shree Ram Krishna Community Project. This will only be done with the approval of the Charity Commission. The Project Manager, Rajesh Karsanji is the day to day manager and is the link between staff and the trustees. He is the Head of Centre and Registered Person in charge. The trustees are aware of the Charity Commission's general guidance on public benefit and have considered it when reviewing their aims and objectives and planning future activities. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charitable company should undertake. ## _b)_ _**Activities for achieving objectives**_ Little Fingers pre-school continues to run at almost full capacity for morning sessions and is now recruiting for afternoon sessions and has secured continued funding from BBC Children IN Need to work with its Preschool children and parents. ESOL classes continued and the number of learners increased over the year. Community transport continued to be provided to centre users throughout the year. The Shree Ram Krishna Community Project (SRKCP) continued to provide full services. ## **Financial review** ## _a)_ _**The charity's financial position at the end of the year ended 31 March 2022**_ The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:- |Designated Revenue Funds
**_Total Unrestricted Funds_**
Restricted Revenue Funds
**Total Funds**
Unrestricted Revenue Funds available for the
general purposes of the charity
**Net (expenditure)/income**|**2022**
**£**
(7,246)
21,034
34,782
**55,816**
55,177
**110,993**|**2021**
**£**
27,613
(14,643)
34,782
**20,139**
98,100
**118,239**| |---|---|---| - _b)_ _**Key Performance Indicators**_ 3 ## **Shree Ram Krishna Community Project** Registered company number:- 06649268 ## **Trustees' Annual Report for the year ended 31 March 2022** Principal sources of income were Creche funding, and principal expenditure was on staff to deliver the charity's services. Regular activities have now been resumed following the lifting of the restrictions necessary during the Covid19 pandemic. Some necessary protective precautions are still in place, such as hand sanitiser dispensers, a supervised cleaning procedure and defined entry and departure routes. A security system with video and audio and remote locking has been installed to improve the security of the Project’s occupants and premises. The Project continues to work with Loughborough College to deliver child care facilities and ESOL classes to the community. The Project has been able to secure funding for the following activities (and also for some projects that will be beginning in the near future): *workshops on health, well-being and communication for parents of the Little Fingers pre-school children; *a telephone befriending project to combat isolation in the South Asian community; *a project to provide children aged 5-15 eligible for free school meals with nutritious meals and activities during the school Easter, Summer and Christmas holidays; *a grant from to support elderly male BAME members of the community to meet up, socialise and participate in gentle seated exercise; *a group to support female BAME members of the community who suffer from loneliness and isolation. Plans are progressing to set up a web site for the Project in order to publicise the extent of current activities and to inform the wider community of the availability of rooms for hire for future activities. This will include the future provision of information via other social media e.g. FaceBook. ## _**Policies on reserves.** c)_ The charity holds a designated reserve of £34,782 for the replacement of its minibus. The minibus reserve is not considered as part of 'free reserves' as the minibus will need to be replaced soon. It is the policy of the charity to build up a contingency reserve of approximately 4 months staff costs of £25,000. The trustees aim to try to increase 'free reserves' to this level over a 2-3 year period. ## _d)_ _**Going Concern**_ The trustees consider the financial performance by the charity during the year to have been satisfactory. After making appropriate enquiries, the governing body has a reasonable expectation that the academy has adequate resources to continue in operational existence for the foreseeable future. For this reason it continues to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies. 4 ## **Shree Ram Krishna Community Project** Registered company number:- 06649268 ## **Trustees' Annual Report for the year ended 31 March 2022** ## _e)_ _**Availability and adequacy of assets of each of the funds**_ The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. ## _f)_ _**Financial Risk Management Policies**_ The trustees have addressed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to major risks. This management strategy is reviewed annually. The trustees have taken steps to see that trustees and staff have the necessary knowledge, expertise and responsibilities to help mitigate risk. -One member of staff is responsible for Health and Safety at Work. Three staff hold current certificates in First Aid at Work. -Training has been given to trustees and staff in child protection legislation and all other relevant legislation relating to childcare. Appropriate policies and procedures are in place, along with the relevant registrations with the authorities. ## **Plans For the Future** The Academy is exploring new ideas and projects and seeking alternative sources of funds. It is charity plan that the project other facilities can also be refurbished in the near future and we are seeking further funds to finance this. The Project continues to work with Loughborough college to deliver child care facilities and ESOL classes to community. ## **Statement of Directors' and Trustees' Responsibilities** The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP 2015. In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :- - to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. - state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material departures disclosed and explained in the financial statements; 5 Shree Ram Krtshna Communlty Project Registered company numter.- C6649268 Trust￿. Annual Report forthe year ended 31 March 2022 The law requires that the trustees must not approve the accoun15 unless they are Satisfied that they give true and fair view of the state of affairs of the charity and of the surplus or deficit ol the charty for ihe year. The Trustses are also responsible for maintaining adequate 8¢counting records vthich disdose reaSona￿e acojracy at any b.me the finanual posibon ofthe charity and ¥thich 8re sufficient to show and e4)18in the tharitys transactions and enabte them io ensure that the finanaal statements cornpty wth the Companies Act 20(￿ and ¢ornply wth regulatitsns made under the Charities Act. They are also respon&ble for safeguarding the assets of the charity and hencè fry taking reasonable steps for the preventron and deteGtion ol fraud and other irregularibes. The Trustees are a150 responsible for th8 contents of the Trustees, report. and the Statut￿ responsibility of the Independent Examiner in relth.on to the Trustees, report is limited to examining the report and ensuring that, on the face of ihe report there are no matenal inconsistenoes vmth the figures disdosed in the finan(3al statements. M•thod of preparatlon of accwnts . Small company provlslo The financial statements are set out on pages 9-21. The financial statements have been prepared implementing the Statement of Recomrnended Practio for Accounbng and Reporting by Charrties 2015 and in accordan￿ ¥wlh the Financial Reporting Stsndard for Smaller Ent￿eS 2015. These accounts have been prepared in accordance wth the prowsions in Part 15 of the Companies Aet 2006 applicable to companies subje¢t to the Small companies regime. This report was approved by the board oftrustees on 2911212022 V.V. Odedra Director and Twstee ## **Shree Ram Krishna Community Project** **Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 March 2022** I report on the financial statements of the charitable company on pages 12 to 21 for the year ended 31 March 2022 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102 (effective January 2015) as modified by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales, effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out on page 19. ## **Respective responsibilities of Trustees and Independent Examiner** As described on page 9, the charitable company's Trustees , who are also the Directors of the Company for the purposes of Company law,are responsible for the preparation of the financial statements. The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible for independent examination, it is my responsibility to:- - a) examine the accounts under section 145 of the Act; - b) follow the procedures in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and; - c) state whether particular matters have come to my attention. ## **Basis of Examiner's Statement and scope of work undertaken** I conducted my examination in accordance with the General Directions issued by the Charity Commission for England & Wales, under section 145(5)(b) of the Act, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters. ## **Independent Examiner's Statement, Report and Opinion** Subject to the limitations upon the scope of my work as detailed above , in connection with my examination, I can confirm that :- In accordance with Regulation 31 of The Charities (Accounts and Reports) Regulations 2008, (The Regulations) the accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006; 7 ## **Shree Ram Krishna Community Project** This is a report in respect of an examination carried out under section 145 of the Act and in accordance with any directions given by the Commission under subsection (5)(b) of that section which are applicable; and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements :- to keep accounting records in accordance with section 386 of the Companies Act 2006 and section 130 of the Charities Act 2011; to prepare financial statements which accord with the accounting records and comply with the accounting requirements of section 396 of the Companies Act 2006 and The Charities Act 2011 and; that the accounts comply with section 396 of the Companies Act 2006 and that the financial statements be prepared in accordance with the methods and principles set out in the Statement of Recommended Practice - Accounting and Reporting by Charities (effective January 2015) have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached; Jitender Kaur - Independent Examiner 9 Stoughton Road Oadby Leicester LE2 4DS This report was signed on 29/12/2022 8 ## **Shree Ram Krishna Community Project - Statement of Financial Activities for the year ended 31 March 2022** |**Income & Endowments from:**
Donations & Capital Grants
Charitable activities
Investments
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net (expenditure)/income for the year**
**Transfers between funds**
**Net income after transfers**
**Net movement in funds**
**Reconciliation of funds:-**
**Total funds brought forward**
**Total funds carried forward**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
1,000
25,000
-
**26,000**
(1,232)
**(1,232)**
**27,232**
8,445
**35,677**
**35,677**
20,139
**55,816**|**Current year **
**Restricted**
**Funds**
**2022**
**£**
-
53,583
-
**53,583**
88,061
**88,061**
**(34,478)**
(8,445)
**(42,923)**
**(42,923)**
98,100
**55,177**|**Current year **
**Total Funds**
**2022**
**£**
**1,000**
**78,583**
**-**
**79,583**
**86,829**
**86,829**
**(7,246)**
**-**
**(7,246)**
**(7,246)**
**118,239**
**110,993**|**Prior Year**
**Total**
**Funds**
**2021**
**£**
-
108,129
187
**108,316**
80,703
**80,703**
**27,613**
-
**27,613**
**27,613**
90,626
**118,239**| |---|---|---|---|---| All activities derive from continuing operations **The notes attached on pages 13 to 21 form an integral part of these accounts.** 9 ## **Shree Ram Krishna Community Project Income and Expenditure Account for the year ended 31 March 2022 as required by the Companies Act 2006** |**_Income_**
Income from operations
Interest receivable
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Governance costs
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**Net income before tax in the financial year**
**Net income after tax in the financial year**
Investment income|**2022**
**£**
79,583
-
**79,583**
**79,583**
85,684
170
975
**86,829**
(7,246)
-
**(7,246)**
**(7,246)**|**2021**
**£**
108,129
187
**108,316**
**108,316**
79,657
170
876
**80,703**
27,613
-
**27,613**
**27,613**| |---|---|---| All activities derive from continuing operations In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. ## **The notes attached on pages 13 to 21 form an integral part of these accounts.** 10 ## **Shree Ram Krishna Community Project - Analysis of prior year total funds** |**Income & Endowments from:**
Donations & Capital Grants
Charitable activities
Fundraising
Investments
Other
**Total income**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net income for the year**
**Reconciliation of funds:-**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**
Net gains on investments|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
-
20,623
-
187
-
-
20,810
-
16,581
**16,581**
-
4,229
**4,229**
15,910
**20,139**|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
-
87,506
-
-
-
87,506
-
64,122
**64,122**
-
23,384
**23,384**
74,716
**98,100**|**Prior Year**
**Total**
**Funds**
**2021**
**£**
**-**
**108,129**
**-**
**187**
**-**
108,316
**-**
**80,703**
**80,703**
**-**
**27,613**
**27,613**
**90,626**
**118,239**| |---|---|---|---| 11 Shree Ram Krishna Communty Project- Balancg Sheèt as at 31 March 2022 Notes 2022 2021 Fixed assets Tangible assets 626 796 Current assgts Debtors Cash at bank and in han¢J 83 112,497 623 122.910 Total eurrnnt assets 112,580 123,533 Credllors: amounts falllng due within one year 2,213 6,090 Not current aggets 110,367 117,443 The total net a$$ets of the charfty 110,993 The totsl net assets of the chaylty are funded by the fund$ of thè charity. as follows:. Restricted fvnds Restricted Revenue Funds 118,239 55,177 98,100 Unrostrictsd Funds unrestn.cted Revenue Funds 21,034 114,6431 Dosignatsd Fund$ Designated Revenue Funds 34,782 34,782 Total charfty funds 110.993 118.239 The'SORP Ref indic*ted above is the da55ificalion of Balance Sheet items as set ￿1 in the formal SORP documents. As required by paragraph 4.80 of the SORP, the brought for￿￿rd and carried foThvard fijnds above have been agreed to the SOFA.. The directors are satisfied that the company is entrfed lo exempts.on from the requirement to otrtain an audr( under section 477 of the Companies Act 20Cf. The members have not required the company lo obtsin an audit in accordance section 478 ol the Act The directors acknovAedge thetr responsibilities for comptying wth the requirements of the Companies Act 2006 respect lo accountrng records and the preparation of accourrts. The accounts have been prepared in accordance wth the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the Small companies Tegime. V.V. Odedra Trustee Approv$d by the board of trustees on 2911212022 The Tr(rt•s attachèd on page5 13-31 forni an intsgral part (rf th8s• accounts. 12 ## **Shree Ram Krishna Community Project** ## **Notes to the Accounts for the year ended 31 March 2022** ## **1 Accounting policies** ## _**Policies relating to the production of the accounts.**_ ## **Basis of preparation and accounting convention** The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 (effective January 2015)) and 'The FRS102 Statement of Recommended Accounting Practice 2015', (The SORP 2015), and in accordance with all applicable law in the charity's jurisdiction of registration. ## **Company Status** The company is limited by guarantee. The members of the company are the Trustees named on page .. . In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. ## **Risks and future assumptions** The accounts have been prepared on a going concern basis on the assumption that grant income from funding bodies will continue to be received. ## _**Policies relating to categories of income and income recognition.**_ ## **Nature of Income and Income recognition** Income, is received by way of grants, donations and gifts, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably. Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. All income is accounted for gross, before deducting any related fees or costs. ## **Accounting for deferred income and income received in advance** Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred. Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable. ## **Recognition of liabilities and expenditure** A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.. 13 ## **Shree Ram Krishna Community Project** ## **Notes to the Accounts for the year ended 31 March 2022** Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates. ## **Volunteers** In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition. Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value o estimated useful lives. Plant and machinery 15 % reducing balance ## **Debtors** Debtors are measured at their recoverable amounts at the balance sheet date. ## **Creditors and provisions** As required by SORP 10.81, describe the basis on which creditors and provisions for liabilities and charges are recognised and measured ## **Cash and Bank Balances** Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements. ## **Leasing and hire purchase contracts and commitments** Rentals paid under operating leases are charged to income on a straight line basis over the lease term. ## **Interest Receivable** Interest on fund held in deposit is included when receivable and can be measured reliably by the academy. ## **2 Liability to taxation** As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applied towards the charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities. ## **3 Winding up or dissolution of the charity** If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. 14 ## **Shree Ram Krishna Community Project** ## **Notes to the Accounts for the year ended 31 March 2022** |Depreciation of owned fixed assets
Pension costs
**Staff costs and emoluments**
**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was
The net (deficit)/surplus before tax in the financial year is stated after charging:-|**2022**
**£**
170
3,728
**2022**
11|**2021**
**£**
170
754
**2021**
11| |---|---|---| ## **4 Staff costs and emoluments** ## **5 Remuneration and payments to Trustees and persons connected with them** No trustees or persons connected with them received any remuneration from the charity, or any related entity. ## **6 Tangible fixed assets** |**Cost**
At 1 April 2021
**At 31 March 2022**
**Depreciation**
At 1 April 2021
Charge for the year
**At 31 March 2022**
**Net book value**
At 31 March 2022
At 31 March 2021
**Debtors**
Trade debtors|**Land and**
**Buildings**
£
-
**-**
-
-
**-**
**-**
**-**|**Furniture,**
**Fixtures**
**and**
**Fittings**
£
7,213
**7,213**
6,417
170
**6,587**
**626**
**796**|**Office**
**Equipment**
£
-
**-**
-
-
**-**
**-**
**-**
**2022**
**£**
83
**83**|**Total**
£
7,213
**7,213**
6,417
170
**6,587**
**626**
**796**
**2021**
**£**
623
**623**| |---|---|---|---|---| ## **7 Debtors** **8 Creditors: amounts falling due within one year** **2022** **2021** 15 ## **Shree Ram Krishna Community Project** ## **Notes to the Accounts for the year ended 31 March 2022** |Trade creditors
Accruals
**Change in total funds over the year, analysed by individual funds**
**£**
**£**
**_Unrestricted and designated funds:-_**
Unrestricted revenue funds
(14,643)
34,445
Designated revenue funds
34,782
-
**Total unrestricted and designated funds**
**20,139**
**34,445**
**_Restricted funds:-_**
Preschool Funding
64,673
18,505
BBC CIN Project
16,324
-
Groundworks Uk
-
4,916
Kitchen Grant
8,445
-
Shires Ladies Grant
-
3,000
Project Income
3,136
610
Loughborough Uni Grants
260
HAF Holiday Club
10,513
People's Health Trust
3,569
10,228
Men's Group Grant
1,650
Parent Workshop Grant
2,038
JRS Grant
2,123
Summer Playscheme
1,693
**Total restricted funds**
**98,100**
**45,138**
**Total charity funds**
**118,239**
**79,583**
**Income**
**Funds**
**brought**
**forward from**
**2021**|**£**
413
1,800
**2,213**
**£**
1,232
-
**1,232**
(28,876)
(16,324)
(4,916)
(8,445)
(3,000)
(3,746)
(260)
(10,513)
(13,797)
(775)
(2,038)
(2,123)
(1,693)
**(88,061)**
**(86,829)**
**Expenditure**|**£**
5,190
900
**6,090**
**£**
**21,034**
**34,782**
**55,816**
**54,302**
**-**
**-**
**-**
**-**
**875**
**-**
**-**
**55,177**
**110,993**
**Funds carried**
**forward**| |---|---|---| ## **9 Change in total funds over the year, analysed by individual funds** ## **10 Analysis of movements in funds over the year as shown in Note 9** ||**Income**|**Expenditure**|**Transfer**|**Movement**| |---|---|---|---|---| ||||**In funds**|**in funds**| ||**2022**|**2022**|**2022**|**2022**| ||**£**|**£**|**£**|**£**| |**_Unrestricted and designated funds:-_**||||| |Unrestricted revenue funds|26,000|1,232|8,445|**35,677**| |**_Restricted funds:-_**||||| |Preschool Grant|18,505|(28,876)|-|**(10,371)**| |BBC CIN Project||(16,324)||**(16,324)**| |Groundworks UK|4,916|(4,916)|-|**-**| 16 ## **Shree Ram Krishna Community Project** ## **Notes to the Accounts for the year ended 31 March 2022** |Shires Ladies Grant
Project Income
Loughborough Uni Grants
HAF Holiday Club
People's Health Trust
Men's Group Grant
Parent Workshop Grant
JRS Grant
Summer Playscheme
Kitchen Grant|3,000
610
10,513
10,228
1,650
2,038
2,123
-
-
**79,583**|(3,000)
(3,746)
(260)
(10,513)
(13,797)
(775)
(2,038)
(2,123)
(1,693)
-
**(86,829)**|-
-
-
-
-
-
-
(8,445)
**-**|**-**
**(3,136)**
**(260)**
**-**
**(3,569)**
**875**
**-**
**-**
**(1,693)**
**(8,445)**
**(7,246)**| |---|---|---|---|---| ## **11 The purposes for which the funds as detailed in note 9 are held by the charity are:-** ## _**Unrestricted and designated funds:-**_ Unrestricted revenue funds Designated revenue funds These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. Designated funds are unrestricted funds earmarked by the Trust Directors for particular purposes. ## _**Restricted funds:-**_ Restricted funds:- Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs. ## **12 Ultimate controlling party** The charity is under the control of its legal members. 17 ## **Shree Ram Krishna Community Project** **Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015** ## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_ ## **13 Donations and Legacies** |**Donations and gifts from individuals**
**Total donations and gifts from individuals**
Small donations individually less than £1000|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
1,000
**1,000**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**-**|**Prior Year**
**Total Funds**
**2021**
**£**
-
**-**| |---|---|---|---|---| ## **14 Income from charitable activities - Trading Activities** |**a)**
**Grants Receivable for Core Activities**
Parent Workshop Grant
**Total Grants Receivable for Core Activities**
Men's Group Grant
Other Grants
People's Health Trust
Preschool Funding
Shires Ladies Grant
Project Income
Covid Grants - Council
VCS Grant
JRS Grant
HAF Holiday Club
Groundworks UK
BBC CIN Project
Loughborough University Grant|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**
**Current year**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
18,505
-
4,916
3,000
610
10,513
-
-
2,123
10,228
-
1,650
2,038
-
**53,583**
**Current year**|**Current year**
**Total Funds**
**2022**
**£**
**18,505**
**-**
**4,916**
**3,000**
**610**
**10,513**
**-**
**-**
**2,123**
**10,228**
**-**
**1,650**
**2,038**
**-**
**53,583**
**Current year**|**Prior Year**
**Total Funds**
**2021**
**£**
42,753
2,446
-
-
-
-
17,000
5,000
29,921
6,136
1,250
-
-
-
**104,506**
**Prior Year**| |---|---|---|---|---| 18 ## **Shree Ram Krishna Community Project** ## **Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015** |**b)**
**Fees,Activities,Trips and Creche Income**
Preschool Fees
Hall Hire
Creche
Photocopy Income
Playscheme Fees
Preschool Trip
**Total Fees,Activities,Trips and Creche Income**|**Unrestricted**
**Funds**
**£**
**2022**
15,677
5,355
2,920
203
-
845
**25,000**|**Restricted**
**Funds**
**£**
**2022**
-
-
-
-
-
-
**-**|**Total Funds**
**£**
**2022**
**15,677**
**5,355**
**2,920**
**203**
**-**
**845**
**25,000**|**Total Funds**
**£**
**2021**
-
2,720
385
115
403
-
**3,623**| |---|---|---|---|---| |||||| |---|---|---|---|---| |**c)**
Fees,Activities,Trips and Creche Income
Total Grants Receivable for Core Activities
**_Total from charitable activities_**
**Total Income from charitable activities**|**Current year**
**Unrestricted**
**Funds**
**£**
**2022**
25,000
-
**25,000**|**Current year**
**Restricted**
**Funds**
**£**
**2022**
-
53,583
**53,583**|**Current year**
**Total Funds**
**£**
**2022**
**25,000**
**53,583**
**78,583**|**Prior Year**
**Total Funds**
**£**
**2021**
3,623
104,506
**108,129**| |||||| |**15 Investment income**
**Total investment income**
Non Bank interest receivable|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
**-**|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**-**
**-**|**Prior Year**
**Total Funds**
**2021**
**£**
187
**187**| **-** ## **16 Expenditure on charitable activities - Direct spending** ||**Current year**|**Current year**|**Current year**|**Prior Year**| |---|---|---|---|---| ||**Unrestricted**|**Restricted**|**Total Funds**|**Total Funds**| ||**Funds**|**Funds**||| ||**2022**|**2022**|**2022**|**2021**| ||**£**|**£**|**£**|**£**| |Gross wages and salaries including Employer's NI - c|-|57,897|**57,897**|55,791| |Preschool Expenses|-|433|**433**|-| |Volunteer Expenses|-|3,032|**3,032**|-| 19 ## **Shree Ram Krishna Community Project** ## **Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015** |**Total direct spending**
**17**
**_Premises Expenses_**
**_Administrative overheads_**
**Total support costs**
**18 Other Expenditure - Governance costs**
**Total Governance costs**
Bank Charges
Sundry expenses
Event Expenses - Diwali
Subscriptions
Legal and Professional
Accountancy Fees
Preschool Trip
Training and Welfare
**Support costs for charitable activities**
Pension Contributions
Premises repairs, renewals and
maintenance
Preschool Expenses
Project Expenses
Rent,Rates and Insurance
Postage, stationery and Printing
Light heat and power
Cleaning and waste management
Photocopier Lease and Maintenance
Minibus Expenses
Information and publications
Depreciation
Volunteers' costs
Telephone and Internet
Office /Admin Expenses
Gross Wages and Salaries
Pension
Software and computer expenses
Summer Playscheme/HAF|-
**-**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
-
-
(3,475)
-
-
158
185
-
538
-
-
-
-
230
170
-
-
-
-
-
22
-
-
**(2,172)**
**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
900
40
**940**|3,728
**65,090**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
10,494
4,184
386
-
-
-
-
-
740
-
2,556
642
-
1,965
-
-
41
-
-
1,928
-
-
-
-
**22,936**
**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
35
**35**|**3,728**
**65,090**
**Current year**
**Total Funds**
**2022**
**£**
**10,494**
**4,184**
**386**
**(3,475)**
**-**
**-**
**158**
**185**
**740**
**538**
**2,556**
**642**
**-**
**1,965**
**230**
**170**
**41**
**-**
**-**
**1,928**
**-**
**22**
**-**
**-**
**20,764**
**Current year**
**Total Funds**
**2022**
**£**
**900**
**75**
**975**|3,260
**59,051**
**Prior Year**
**Total Funds**
**2021**
**£**
11,073
3,916
-
3
-
-
254
-
-
489
4,366
-
-
-
143
170
102
-
41
209
-
10
-
-
**20,776**
**Prior Year**
**Total Funds**
**2021**
**£**
800
76
**876**| |---|---|---|---|---| 20 ## **Shree Ram Krishna Community Project** ## **Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015** ## **19 Total Charitable expenditure** |Total direct spending
Total support costs
Total Governance costs
**Total charitable expenditure**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
-
(2,172)
940
**(1,232)**|**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2022**
**2022**
**2021**
**£**
**£**
**£**
65,090
**65,090**
59,051
22,936
**20,764**
20,776
35
**975**
876
**88,061**
**86,829**
**80,703**| |---|---|---| 21