**REGISTERED CHARITY NUMBER: 1143008**
## **JAI MAA BAHMESHWARI KALI MANDIR**
## **TRUSTEES' REPORT AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021**
**JAI MAA BAHMESHWARI KALI MANDIR**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Trustees' Report**|2 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Statement of Financial Position**|6|
|**Notes to the Financial Statements**|7 to 11|
|**Detailed Statement of Financial Activities**|12|
**JAI MAA BAHMESHWARI KALI MANDIR REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2021**
|**Trustees**|Kuldip Bansal|
|---|---|
||Bharat Bushan|
||Mrs Subhash Devi Bansal|
||Usha Parmar|
|**Principal address**|136 Burnley Road|
||Hapton|
||Burnley|
||BB11 5QT|
|**Registered charity number**|1143008|
|**Independent examiner**|Riley Moss 2018 Limited|
||Riley House|
||183-185 North Road|
||Preston|
||Lancashire|
||PR1 1YQ|
Page 1
**JAI MAA BAHMESHWARI KALI MANDIR**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 July 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice 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 2019).
## **Objectives and activities**
The objectives of the trust, as set out in its governing document are:
Advancement of the Hindu religion.
Relief of poverty.
Advancement of education.
## **Achievement and performance**
The funds received are contributed to the repairs and running costs of the temple. The temple is made available for use by the community. The charity continues to hold open evenings and events to raise funds for the temple. The facility is well equipped to cater for Jai Maa Bhameshwari Kali Mandir visions and goals and be a hub of the community and continues to demonstrate excellence in all areas of work by making use of local resource and research and developing key partnerships with local authorities and organisations. All donations have been used for the purpose of this project.
## **Financial review**
It is the policy of the charity to maintain unrestricted funds at a minimum level. This provides sufficient funds to cover management and administration and support costs.
## **Future plans**
The trustees actively review the major risk which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.
## **Structure, governance and management**
Jai Maa Bhameshwari Kali Mandir is a registered UK Charity constituted on 25 March 2011 under charity number 1143008. It is an unincorporated charity. The governing document is a Trust Deed.
The trustees named on page 1 have served throughout the year. The trustees have the power to appoint any person to be a trustee in accordance with the provisions of the Trust Deed. An appointed trustee holds office within the limits permitted by law.
## **Trustees' responsibility statement**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Page 2
**JAI MAA BAHMESHWARI KALI MANDIR**
**TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2021**
## **Trustees' responsibility statement - continued**
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 23 May 2022 and signed on its behalf by:
Kuldip Bansal - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JAI MAA BAHMESHWARI KALI MANDIR**
## **Independent examiner's report to the trustees of Jai Maa Bahmeshwari Kali Mandir**
I report to the charity trustees on my examination of the accounts of Jai Maa Bahmeshwari Kali Mandir (the Trust) for the year ended 31 July 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Farook Patel FCA Riley Moss 2018 Limited Riley House 183-185 North Road Preston Lancashire PR1 1YQ
23 May 2022
Page 4
**JAI MAA BAHMESHWARI KALI MANDIR STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021**
**----- Start of picture text -----**
2021 2020
Unrestricted Total
funds funds
Notes £ £
Income and endowments from
Donations and legacies 2 48,259 60,663
Investment income 3 14,715 13,253
Other income 8,455 4,563
Total 71,429 78,479
Expenditure on
Charitable activities 4
Charitable expenditure 74,073 88,710
NET INCOME/(EXPENDITURE) (2,644) (10,231)
Reconciliation of funds
Total funds brought forward 8,606 18,837
Total funds carried forward 5,962 8,606
**----- End of picture text -----**
The notes form part of these financial statements
Page 5
**JAI MAA BAHMESHWARI KALI MANDIR**
## **STATEMENT OF FINANCIAL POSITION 31 JULY 2021**
**----- Start of picture text -----**
2021 2020
Unrestricted Total
funds funds
Notes £ £
Fixed assets
Tangible assets 8 5,354 10,930
Current assets
Cash at bank 3,189 316
Creditors
Amounts falling due within one year 9 (2,581) (2,640)
Net current assets 608 (2,324)
Total assets less current liabilities 5,962 8,606
NET ASSETS 5,962 8,606
Funds 10
Unrestricted funds 5,962 8,606
Total funds 5,962 8,606
**----- End of picture text -----**
The financial statements were approved by the Board of Trustees and authorised for issue on 23 May 2022 and were signed on its behalf by:
Kuldip Bansal - Trustee
The notes form part of these financial statements
Page 6
**JAI MAA BAHMESHWARI KALI MANDIR NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021**
## **1. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
## **Expenditure**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 5 years Fixtures and fittings - 25% per annum straight line basis
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
continued...
**JAI MAA BAHMESHWARI KALI MANDIR**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021**
## **1. Accounting policies - continued**
## **Going concern**
Trustees consider that the charitable company has sufficient resources and there are no material uncertainties about the charity's ability to continue. Accordingly, trustees continue to adopt the going concern basis in preparing the financial statements.
## **2. Donations and legacies**
|**2.**
**Donations and legacies**||||
|---|---|---|---|
|Donations||**2021**
**£**
48,259|**2020**
**£**
60,663|
|**3.**
**Investment income**
Rents received||**2021**
**£**
14,715|**2020**
**£**
13,253|
|**4.**
**Charitable activities costs**
Charitable expenditure|||**Support**
**costs (see**
**note 5)**
**£**
74,073|
|**5.**
**Support costs**
Charitable expenditure|**Management**
**£**
73,053|**Governance**
**costs**
**£**
1,020|**Totals**
**£**
74,073|
|Support costs, included in the above, are as follows:
**Management**
Wages
Rent, rates and water
Insurance
Light and heat
Telephone
Sundries
Repairs and maintenance
Motor and travel expenses
Catering
Depreciation of tangible and heritage
assets||**2021**
**Charitable**
**expenditure**
**£**
14,081
36,000
1,077
5,289
1,705
2,178
4,842
-
2,305
5,576|**2020**
**Total**
**activities**
**£**
17,999
36,000
3,738
8,611
1,089
771
9,429
550
4,117
5,576|
|||73,053|87,880|
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continued...
**JAI MAA BAHMESHWARI KALI MANDIR**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021**
## **5. Support costs - continued Governance costs**
**----- Start of picture text -----**
||||
|---|---|---|
|2021|2020|
|Charitable|Total|
|expenditure|activities|
|£|£|
|Accountancy and legal fees|1,020|830|
**----- End of picture text -----**
## **6. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 July 2021 nor for the year ended 31 July 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
## **7. Staff costs**
The average monthly number of employees during the year was as follows:
**----- Start of picture text -----**
||||
|---|---|---|
|2021|2020|
|Admin|2|2|
**----- End of picture text -----**
No employees received emoluments in excess of £60,000.
## **8. Tangible fixed assets**
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|||||
|---|---|---|---|
|Improvements|Fixtures|
|to|and|
|property|fittings|Totals|
|£|£|£|
|Cost|
|At 1 August 2020 and 31 July 2021|53,884|17,441|71,325|
|Depreciation|
|At 1 August 2020|51,452|8,943|60,395|
|Charge for year|1,216|4,360|5,576|
|At 31 July 2021|52,668|13,303|65,971|
|Net book value|
|At 31 July 2021|1,216|4,138|5,354|
|At 31 July 2020|2,432|8,498|10,930|
**----- End of picture text -----**
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continued...
**JAI MAA BAHMESHWARI KALI MANDIR NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021**
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9. Creditors: amounts falling due within one year
2021 2020
£ £
Taxation and social security 1,148 1,260
Other creditors 1,433 1,380
2,581 2,640
10. Movement in funds
Net
movement At
At 1.8.20 in funds 31.7.21
£ £ £
Unrestricted funds
Charitable activities 8,606 (2,644) 5,962
TOTAL FUNDS 8,606 (2,644) 5,962
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Charitable activities 71,429 (74,073) (2,644)
TOTAL FUNDS 71,429 (74,073) (2,644)
Comparatives for movement in funds
Net
movement At
At 1.8.19 in funds 31.7.20
£ £ £
Unrestricted funds
Charitable activities 18,837 (10,231) 8,606
TOTAL FUNDS 18,837 (10,231) 8,606
**----- End of picture text -----**
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continued...
**JAI MAA BAHMESHWARI KALI MANDIR NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021**
## **10. Movement in funds - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Charitable activities|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
78,479
(88,710)
(10,231)|
|---|---|
|**TOTAL FUNDS**|78,479
(88,710)
(10,231)|
## **11. Related party disclosures**
There were no related party transactions for the year ended 31 July 2021.
Page 11
## **JAI MAA BAHMESHWARI KALI MANDIR DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021**
**----- Start of picture text -----**
2021 2020
£ £
Income and endowments
Donations and legacies
Donations 48,259 60,663
Investment income
Rents received 14,715 13,253
Other income
JRS Grant Income 8,455 4,563
Total incoming resources 71,429 78,479
Expenditure
Support costs
Management
Wages 14,081 17,999
Rent, rates and water 36,000 36,000
Insurance 1,077 3,738
Light and heat 5,289 8,611
Telephone 1,705 1,089
Sundries 2,178 771
Repairs and maintenance 4,842 9,429
Motor and travel expenses - 550
Catering 2,305 4,117
Depn of improvemts to property 1,216 1,216
Depn of fixtures & fittings 4,360 4,360
73,053 87,880
Governance costs
Accountancy and legal fees 1,020 830
Total resources expended 74,073 88,710
Net expenditure (2,644) (10,231)
**----- End of picture text -----**
This page does not form part of the statutory financial statements
Page 12