Charity Registration No. 1143043
Company Registration No. 07517633 (England and Wales)
HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
LEGAL AND ADMINISTRATIVE INFORMATION
Trust805
Mr Tharnpippillai Manmatharajah
Mr Navaratnam Shanrnuganathan
Mr Ponniah Kailayapalhivagan
Mr Sundararnpillai Siva¢handran
MrAnthonipillai Kanlharuban
Mr Kanagasabapathy Mathi500dy
Mr Kabilan Ganeshamoorthy
Mr Jeevah Haran
Secretary
Mr Thampippillai Manmalharajah
Charity numb8r
1143043
Company number
07517633
Reglstered office
61-65 Church Lane
Edmonton
London
N9 9PZ
Auditor
Moore NHC Audit Limited
73-75 High Street
steven8ge
Hertlordshire
SG1 3HR
Bankers
Barclays Bank plc
Th8 Enfield Group
20 The Town
Enlield
Middlesex
EN2 6LY
HSBC Bank plc
17 The Broadway
Southgate
London
N14 6PP

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
CONTENTS
Page
Trustees, report
Statement of Trustees, responsibilities
Independent auditor's report
statem8nt of financial activities
Balance sheet
10
Slalement ofcash flows
Notes to the financial statements
12-22

HINDU TAMIL CULTURAL ASSOCIATION {ENFIELD)
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial stalements lor the year ended 31 Dec8rnb&r 2024.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 lo the
financial statements and comply wilh the Charity's governing document, the Companies Act 2006, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP Accounting
and Reporting by Charities.. Slalement of Recommended Practice applicable to charities p￿parIng their accounts in
accordan￿ with the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021"
Objectives and activitK85
The Charity's objects are specili¢ally r85tricted to the following..
To advance th8 Hindu Religion in particular bul not exclusively by the establishrnenl and management of the
Nagapooshalli Ambaal Temple,. and the adVan￿rnent ol education in th8 Tarnil Language, Culture and Art. To
further it5 objects, the Charity may..
Oroanise events and lo arrange activitie5 to raise funds for progress I promotion ol Nagapooshani Ambaal
Temple and objectives of the Trust.,
Establish Nursery and Hindu Religious and Educational Institutions for the bfynefits of the Hindu
Communily..
Raise funds, invite and re￿1ve contributions from p8rson or person5 by way of subscriptions and otherwise
provided that the Trust shall not und8rtak8 trading activities in r8i5ing fLJnds for the said objects.. and
Invest the monies ol the Trust not imtnediately required lor the said objectives in or upon such investment,
securities or property 85 may be thought fit, subject neveriheless lo such conditions lif any) as may for the
lime being be imposed or required by law.
The Trustees have considered the guidance contained in th8 Charity Cornrnission'5 general guidance on public
benefit in reviewing the Charily's aims and objective5 and in planning its future activities.
Public benefit
The Charity has achieved the public benefit objectives by rreeting the spiritual requirements of the congregation.
This was achieved by holding the daily poojas. arti and discourses. All key festival and ieligious dates are observed
and ￿lebrated by the devotees.
Volunteers
The Charity d8P8nds heavily upon the continuing support ol devotees. We also IharTrk 811 volunt88rs for their hard
work during the year, particularly those working within th8 ar88s of Prashad preparatlOn5. various educational
activitie5, car park duties, cleaning. organised special events, decorations, and other religious aclivilies and pray
that they continue to serve the Tryst in the future.
Although volunteer contribution is integral to the contribution of the Charity, It is difficult to quantify the number of
voluntary hours Served by the devotees.
Achi•v8monts and performance
The Trustees are pleased to report on this year in which the Charity luifilled its objectives. All lund5 received during
the year have been applied in meeting the Charity'5 charitable objectives.
Any surpluses arising from don8tion5 and other income are held for the general benefit of the Charitls operations.
Financial review
The Slalemenl of Financial Activities ISOFAI shows net income and expenditure for the ye8r. Th8 SOFA also shows
the financial activity of the Charity distinguishing bgtween reslrioted and unrestricted activities.
At 31 Decetnber 2024. the Charity had net 8S5ets of approximately 23.6 million12023- £3.5 million).

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEIWBER 2024
Incoma
The Tiuslees were pleased with the level of incorne during the year.
Income decreased from th8 previous year with a net income for the year at £177,94312023- £180,017).
Reserves policy and going concern
The Iru5tee5 consider that there are no material uncertainties about the charity's ability to continue as a going
concern. The trust is totally reliant on donations, taking all these factors into account, next year, s income is b8sed
on the expectation of the government guidelines. No doubt, our core expenses will also refl9cI proportionally
however. having pr8pared a foiecast for this period the trustees have noted that even though income has increa￿d
compared lo pre-covid level, costs have also increased due to higher inflations and other econotnic factois.
The Trust recogni5es the importance of having reserv8s. Th858 fullds ale freely available to spend on any of the
Charily'5 purposes and hen￿ exclud8 r8Stricled funds.
An increase in unrestrided reserves of £186.47612023 £177,382) indicates that Ihero are no material risk5 to the
organisalion's ability to OP8rate as a going concern. As a ￿SuIt, the accour)Is havg b88n prepared on a going
coll￿rn basis.
The Trustees have confirmed that, after careful review of the reserves policy, the most appropriate measure of
reserves for the Charity is by r8ference to the Charity's liquidity position. As al 31 Decemb8r 2024, in considering
the adequa¢y of the resetve5, the Trustees have a reasonable expectation that th8 Charity ha5 adequate resources
to continue in operational existence for the foreseeable future. For this reason, they have corilinued to adopt the
going concern basls concept in preparing the finan¢i81 statements.
The Trustees consider the k8y m88sur8 of 5uslainabilily for the Charity to be current and lulur9 liquidily cover.
rather than the surplus or deficit accounting position. As a consequence. the Trustees have set appropriate reserves
policies r&lating to liquidity based on the relationship between readily realisable assets, on-goino level ol donations
received, and the cash requirements associated with sustaining the Charity's operations for a year.
In establishing this policy, the Board of Trustees conducts an annual review ol the level ol unrestricted reserves in
the general fund by ¢onsid8ring risks associated with the var￿u$ income streams, expenditurg plan5 8nd balance
sheet items.
This ellables an estimate to be made ol the level of reserve5 that are suffltrient..
to allow time for re-org8ni88tion in the event of a downturn in income or asset values.,
to protect ongoing work programme,. and
to allow the Charity to tneet ￿tS objectives.
Risks and issues considered by the Board of Trust8es in making this judgetnent on the level ol unrestricted reseNes
include..
likelihood of a downturn in inwme streams,,
year of time required to re-e5tablish income streams.,
year of time required to downsize the Charity opgrations.,
whether the￿ is adequate control over budgets., and
requirements for a reasonable level ol working capital.
In the gv8nt of the Charity facing difficult financial circurnstan￿s, this would allow it to continue operatitsns during a
y8ar of managed adjustment to these new circurn5tances.
The Trustees review the Ch8rity'5 reserves policy annually and are satisfied with this 18V81 of cash r8S8rv88 at the
end of 2024 and are confident that the cash reserves will continue to in¢rg8se in 5ub5equent years.

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEIWBER 2024
Investments policy
The Trustees. investment powers allow the Trust88S to invest surplus fund5 to generate income with which to fund
future activities.
The Tru5tees' inveslmenl policy is to aim for safety, comrnensurale with immediate and planned spending
requirements and given the cuirent uneertainlies in the linancigl mark815, the Trustees consider il appropriate lo be
holding funds in deposit accounts where they achieve a steady return.
Risk management
The Tiustees have an informal risk rnanagement strategy which comprises..
Ongoing review ol the risks the Charity may lace.,
Establishment of system5 and protsdures to miligate those risks,. and
Implementation of procedures designed lo minimise any potential itnpact on the Charity should th088 risks
m81erialize.
The Board of Trustees is responsible for the management of Ihe risks faced by the Trust. Consideration ol such
risks is made on an informal ongoing basis and controls to mitigate su¢h risks are reviewed on an ongoing informal
basis. A review and assessrnent of these controls is undertak8n on an annual basis.
Through th8 above, the Trustees a￿ satisfied that major risks Identified are subsequenuy mitigat8d where
necessary. It is recognised that systems only provide ieasonable but not absolute assuranc& that major risks
have been adequately managed.
The activities of the Charity are dependent on ils abilily lo raise funds from donations and other lending. The key
risk for 2025 Ihergfore is the Charitys ability lo secure ongoing funding to 5UPPOrt the repayrnenl of bank loans that
were used for the purpose of building the ternple to date. The Trustees consider this risk lo be low as its donors are
diverse and very supportive. The charitable expenditure is largely discretionary and can be reduced to mitigate a
substantial reduction in incorne.
Structure, governance and manag•mont
The Trust is a company limit8d by guarantee. None of the Trustees h8d any beneficial interest in the company
during the year. The Hindu T8mil Cultural Association (Enfieldl was incorporated on 4th February 2011. It is
registered as a ¢h8rity with the Charity Commission.
Th8 Trust is a Registered Charity under the Laws of England and Wales, which is overseen by the Charity
Commission. The Trustees arg responsible for the activities of the Trust and the day to day management.
There are currently eight metnbers each giving a guarantee to contribute a sum, not exceeding £1, to the company
should il be wound up. The governing document is the Articles ofAs50ciation.
The Trustees. who are also the directors for the purpose ol company law, and who served during the y8ar an(5 up to
the date ol signature ol the financial statements were..
Mr Thampippillai Manmalharajah
Mr Navar8tnarn Shantnuganathan
Mr Ponniah Kailayapalhivagan
Mr Sundaratnpillai Sivachandran
MrAnthonipillai Kantharuban
Mr Kanagasabapathy Mathi500dy
Mr Kabilan Ganeshamoorthy
Mr Jeevah Haran

HINDU TAMIL CULTURAL ASSOCIATION {ENFIELD)
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEJWBER 2024
Appolntmei)t of Triistees
The appointment of Truslees is governed by the Ariicles ol Assoclalion. The numb8r ol Trustees must consist ol al
least slx members.
The elecllon ol ofFic8 bearers shall be carrled oul by 11)8 members in a meeting by the Trustees in December. All the
members of Iho execu11ve commillee 8hslS be elected by the Tnjslees al this Ineeting.
The by-eleclion of a member of the cornmiltee af the Trust Sn place of th9 one who expires or is beillg dlsqualilied or
olherwise ¢@ase to be a membor ol the commiltge shall be held by Ilie Trustee5 and the remaining members of the
Trust shall use Iheir best discrelion In adapling tho provlslons for such by electlon.
Organisational striEoture and declslon mak5ng
Each Trustee ha5 assumed responsiblllly for monitoring actlvilles in specllic operallonal areas and chalrlng groups
eonslsling of staff 8nd voluntg8rs. The Trustees rèport the activities of these oper81ional areas to the Board ol
Trustees. All Tiuslee& give their lime voluntarily and receive no benefits from the Charity.
Declsion making dutles are carried out by the executive Gommitleo whi¢h shall be elected by the Trustees Ih8ir
monthly meeting. Other ad-hoc ded51ons are t8ken by Ihe Exgculiv6 comrnltlee members ITI"usleesl wllh executive
posilions.
Induction and Iralning of new Trustees
As part of their induction program, new Trustees are made aware ol their re5ponslbllltles. This includes an
introduclion lo Ihe obje¢tives, scope and policies ol the Chaiity, Ihe Charily Commission information on Trustees,
re8ponslbilities and a copy of the Constitution. Addilional trainlng is avallable lo keep up with all n8w re£Julalions
concernlng Ihg Charlty's activities.
R8muneration pollcy for key managernent personnel
The key manag8rnenl personnel of the Charily are the Trustees, who are nol remuneraled.
Audltor
Moore NHC Audit L1mSted were regppolnted as the ¢harltable company's 8uditors during the year. A resolution will
be proposed at the Annual Goneral Meeting that Dr Kalhlravellupillai SIv8slnmyananthan will be aulhorised lo
8ngage auditors for the Charity for thè ensuing year.
Dls¢losurè of Informatlon to auditor
Each of Ihe Trust985 has conllrmed Ih8t there Is no Informatlon ol which they are aware whl¢h Is r618vant lo the
audlt, but ol which the audllor is unaware. They hav8 furth8r confirmed that they have tal(en approprlate slops lo
Id9ntify such relavant Inlormatlon and to establlsh that the audllor is aware ol such information.
The Trustees, report was approved by the Board ol Trusl898.
Mr Thampippillai Manmatharajah
Truste8
Date..

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEIVIBER 2024
The Trustees. who are also the directors of Hindu Tamil Cultural Association (Enfieldl lor the purpose ol company
law, 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 Pra¢ticel.
Company law iequires Ihe Trustees lo prepare financial Statements lor each financial year which give a true and lair
view ol the stale ol affairs of the Charity and of the incoming resources and application of resources, including the
incotne and expenditure. of the charitable company lor that year.
In preparing these financial statements, the Trustegs are required to..
select suitable accounting policies and then apply thetn con5i5tenlly'.
observ8 the rnethods and principles in the Charities SORP.,
ake judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subj8Ct to any tnaterial depariU￿s
disclosed and explained in the financial stalemenls., and
prepare the financial slatements on the going concern basis unless it is inappropriate to presume that the Ch8rily
will conlinug in operation.
The Trustees are responsible for ke8ping adequate accounting records Ihal disclose with reasonable aceuracy at
any time the financial position of the Charity and enable them to ensure that the finan￿al statements comply with
the Companies Act 2006, They are also ￿spOnsible for safeguarding the asset5 of the Charity and hen￿ for taking
reasonable steps for the prevention and dele¢lion of fraud and other irregularities.

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF HINDU TAMIL CULTURAL ASSOCIATION (ENFIELDI
Oprnion
Wo have audited the financial statements of Hindu Tatnil Cultural Association (Enlieldl (the 'Chaiily'l for IhE year
ended 31 December 2024 which cornprise the 5talernent of firiancial activitie5. the balance sheet, the statement ol
cash flows and the noles to the financial statemenls, including a summary ol significant accounting policies. The
financial reporiing framework that has been applied in their preparalion is applicable law and Unit8d Kingdom
Accounting Standards, including Financial Reporting Standard 102 The Financi81 R8POrting Slanrl&rtl applicab18 IJJ
Ihe UK and R8public of Irfjland Iunitgd Kingdom Gen&rally AC￿pted Accounting Praclicel.
In our opinion. the financial 5taternenls'.
give a true and fair view ol the slate of the charitabl& cornpany's affairs as at 31 December 2024 alld of ils
inoorning resources and application of resoLJrces, including it5 incotne and expenditure, lor the year then
ended.,
have been properly prepared in a¢cordance with Unit8d Kingdom G8n8rally Accepted Accounting Practice..
and
have been prepared in accordance with the requirements of the Cornpanies 20(￿.
Basis for opinion
We conducted our audit in accordarice with International Standards on Auditing IUKI IISAS IUKII and appli¢able
law. Our ￿SponSibl11t1eS under those standards are further described in the Auditors responsibilities for lh8 audit of
Ihe financial slal&menls se¢lion of our report, W& arg indep8nd8nl of the Ch8rity in accordance with the ethical
requirements that are relevant to our audit ol the financial statement5 In the UK, including the FRC'S Ethical
standard, and we have fulfilled our othei ethical re5ponsibililies in accordance with these requirements. We believe
that the audit eviden￿ we have obtained is sufficient and appropriate to provide a basis lor our opinion.
ConclusSons relating to going ¢on¢ern
In auditing the financial Statements, we have concluded that the Trustees, use of the going concern basis ol
aceounling in Ihe preparation ol the financial statements is appropriate.
Based on the work we havo pgrformed, we have not identified any rnaterial Un￿rtaIntieS relaling to event5 or
conditiolls that. individually or collectively. may cast 5ignifieant doubt on the Charity's ability lo continue as a going
concern lor a period of at least twelve months from when the linanual statements a￿ aulhorised lor issue.
Our responsibilities and the responsibilities of the Trustees with respect to going con¢em ar8 d8scribed in th8
relevant sections ol this report.
other information
The other information ¢ornprises the information included in the annual report other than the financial 5taternents
and our auditorfs report thereon. The Tiustee5 are responsible lor the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and, ex￿p1 lo the extent
otheTwise explicitly staled in our report, we do not express any form ol assurance conclusion Ihereon. Our
responsibilily is to read the other inlorrnation and, in doing so, consid8r wheth8r th8 olh8r infortnation 15 rnaterially
inconsistent with the financial stalelnents or our know18dge obtained in the course of the audit, or otherwise appeals
to be fflaterially misstated. If we identify such material inconsistencies or apparent material misslalements, we are
required to determine whether this gives rise lo a material rnisslalement in Ihe financial staternents themselves. 11,
based on the woik we have performed, we conclude that there is a material rnisslatement ol this other information.
we are required lo report that f8cl.
We have nothing to report in thls regard.
Oplnlons on other matters prescribed by the Companies Act 2006
In our opinion, b85ed on the work undertaken in the course of our audit..
the information given in the Trustees. repDrt for the financial year for which the financial statement5 are
prep8red, which includes the director5. report prepared lor the purposes of company law, is consistent with the
rinallcial staternenls,. and
the directors, r8port included within the Trustee5' report has been prepared in accordance with applieable legal
requirements.

HINDU TAIVIIL CULTURAL ASSOCIATION (ENFIELD)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HINDU TAMIL CULTURAL ASSOCIATION {ENFIELD)
Matt8rs on whlch we are required to r8POrt by exceptlon
In the light of the knowledge and underslanding of Ihe Chaiity and its environment obtained in tho couise of the
audit, we have not identified material misstatements in the directors. Teport included wilhin the Trust88s' report.
We have nothing to report in resped of the following matters in relation to which th8 Companies Acl 2006 requires
U5 to report to you il, in our opinion..
ad6quate accounting records have not been kept. or returns adequate for our audit have not been received
frorn blanches not visited by us., or
the financial staletnenls are not in agreement with Ihe accounting reeords and retums,. or
rtain disclosu￿S ol Trustges, remuneration specified by law are not rnad8'. or
we have nol received all the inlorrration and explanations we require lor our audit., or
the Trustees were nol entitled to prepare the finan¢ial slalements in accordance with the small companies
regime and take advantage ol the small (x)rnpanies' exemptions in preparing the Trustees. report and Irorn the
requirement to prepa￿ a strategic report.
Responsibilities of Trustees
As gxplained More fully in the slalement ol Trustee5' responsibilities, the Trustees, who ar8 also the director5 01 the
Charity for the purpose ol company law, are re5pon5ible for the preparation ol the financial slat8ment5 arid for being
Satisfied that they give a true and fair view, and lor such internal control as the Trustees determine is necessary lo
enable the preparation of fin8ncial statements that are free from material mi5Stalement, whether due to fraud or
error. ln preparing th8 financial statements, the Trustees are responsible for assessing the Charity's ability to
conlinug as a going concern, disclosin9, as applicable, tnatters related lo going con￿rn and using the going
concern basis of accounting unless the Trustees either intend to liquidate the charitable oompany or to ￿ase
operations, or have no realistlc alternative but lo do so.
Audltor's responsibilities for th8 audit of the financial slatements
Our objectives are lo obtain reasonable assurance about whether the financial statgments as a whole are free from
aterial misstatement, wh8ther due lo fraud or error, and to issue an auditOf'5 report that includes our opinion.
Reasonable assuran￿ is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always detect a material misstatem8nt when it exists. Misstatements can arisg from fraud or
error and are considered material if, individually 01 in the aggregate, they could reasonably be expected lo inlluenee
th8 econornic decisions ol users taken on the basis of these financial slalemgnts.
The extent to which our proc8dure5 are capable ol detecting irregul8riti8s, including fraud, Is detailed below.

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HINDU TAMIL CULTURAL ASSOCIATION (ENFIELDI
Explanation as to what extent the audit wa5 considered capabl• of detectlng Irregularltles, including fraud
The objectives of our audit ill respect ol fraud, are,. to identify and assess the risks of rnateri81 tnisstatetnenl ol the
financial slatemerits due to Iiaud," lo obtain sufficienl appropriate audit evidence regarding the assessed iisks of
rnaterial rnis5taternent due to fraud, through designing and implementing appropriate responses to those assessed
iisks,. and to ￿Spond appropriately lo instances ol fraud or 5U5pected fraud identified during the audit. However, the
primary responsibility for the prev8nlion and detection ol fraud rests with both management and thosg charged with
governance of the company.
Our approach was as follows..
We obtained an understanding of the legal and iegulatory requirements applicable lo the company and
considered that the m05t significant are the Companies Act 2006, International Finan¢i81 Reporting
st8nd8rd5 as adopted by the UK, and UK laxalion legislation.
We oblained an understanding ol how the cornpany complies with these requirements by discussions with
rnanagement and those charged with gov8rn8nca.
We assess8d the risk of rnaterial misstatement ol the financial slalements, including the risk ol rnaterial
misstatgment due lo fiaud and how it might occur. by holding discussions with managetnent and those
charged with governance.
We inqui￿d ol management and those charged with governance as to any known instances of non-
compliance or suspected non-compliance with laws and regulations.
Basod on this understanding, we designed spe¢ifi¢ appropriate audit procedures to identify instances of non-
compliance with laws and regulations. This included tnaking enquiries of management and those charged with
governance and obtaining additional corroboiative evidence a5 required
A further description of our responsibilities is available on the Financial Reporting Coun¢il'8 website at.. https'./l
WWW.f￿.O￿.uk1audltorSresw1ns1bllitles. This description lorms part of OLJr auditor'5 report.
Use of our report
This report is made solely lo the charitable cotnpany's rnembers, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006, Our audit work has been undertaken so that we might state to the ¢haritable compally,
members those fflalt8rs we ale required to slate lo them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume r8sponsibility to anyon8 Other than the charitable
company and the charitable com
y's members as 8 body, for our audit woik, for this report, or for the opinions we
have formed.
Francis Corb.
Sonior Statutory Auditor)
For and on b
all of Moore NHC Audit Limited, Statutory Auditor
Chartered Accountants
73-75 High Street
Stevenage
Hertfordshire
SG1 3HR

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Reslricled
funds
funds
2023
2023
Total
2024
2023
Notes
Income frorn..
Donations and legacies
Charitable activities
Other trading activilies
Investments
460,893
457,024
207,251
82,700
39,655
500.548
457,024
207,251
82.700
665,805
261,623
101,015
75,728
47,744
713,549
261.623
101,015
75,728
Total income
1,207,868
39,655
1,247,523
1.104,171
47,744 1,151,915
Ex
enditure on:
Charitable activities
other expenditure
1,021,392
1,021,392
48,188
926,789
926,789
45,109
10
48.188
45,109
Total gxpanditurè
1,021,392
48.188
1,069,580
926,789
45,109
971.898
Net Incomellexpenditur81 for
the yearl
Nèt movement In funds
186,476
18.5331
177,943
177,382
2,635
160.017
Fund balances al 1
January 2024
3,413,746
54.828
3,468,574
3,236,364
52,193
3,288.557
Fund balanc85 at 31
Doc•mber 2024
3,600,222
46.295
3,646.517
3,413,746
54,828
3,468.574
The statement of financial activities indude5 811 gains and losses recognised in the year.
The statement c)f financi81 activities indudes all gains and losses recognisod in the year. All income and expenditure
deriv& from continuing activities.
The statement of financial activities also cornplies with the requirements for an inwme and expenditure account
under the Companies Act 2006.

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Ntstes
Fixed assets
Tangible assets
Inveslmenl prop&rtias
13
14
3,008,888
2,af95,996
3,033,567
2,595.992
5,604,884
5,629,559
Curient assets
Debtor5
Cash al bank and In hand
15
14,267
2,949
13.167
14.943
17.216
28,110
Credltors.. amounts falling du8 wlthln
one year
1392,7111
1381,0781
1375,4951
1352,9681
Total assets le58 Gurrent liabllltles
5,229,389
5,276,591
Creditors.. amounts falllng due after
more 1Trsan one year
17
11.582.872)
11,808,017)
Net as$el$
3.646,517
3,468,574
Income funds
Reslrlcled funds
Unrestricted funds
21
46.2g5
3.600,222
54,828
3,413,746
3.646,517
3,468,574
Th8sB financial slalemenls have been pr8par8d in accord8nce wlth the provlslons appllcable lo companles suble¢l
lo the 5rn8ll companies regime.
The flnandal statements w8re appYov8d by the Trustees on
T,Io.Èo£
Mr Thamplpplllal Manmatharalah
Trusteo
Company Reglstratlon No. 07517633
10

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
22
173,998
195,354
Inv05ting actlvltles
Pvrcha5e of tangible fixed assets
Purchase ol inveslrngnt property
Inve5trnent income received
143,9691
131,7621
184,6991
75,728
82,700
Nat cash generated fromllused inl investing
actlvltSes
38,731
140,7331
Flnancing activities
Repayment of bank loans
1224.7231
1205,1551
Net cash used in finan¢ing activities
1224,7231
1205,1551
Nel decrease in cash and cash aquivalents
111.9941
150.5341
Cash and cash equivalents at beginning of year
14.943
65,477
Cash and cash equlvalents at end of year
2.949
14,943

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEIWBER 2024
Accounting pollcles
Charity information
Hindu Tamil Cultural Association (Enfieldl is a private company limited by guarantee incorporated in England
and Wale5. The regiSte￿d office is 61-65 Church Lane, Edmonlon, London, N9 9PZ.
1.1 Accountlng Convention
The financial statements have been prepared in accordance with the Charity's Mernorandum and Articles ol
Association,
the Companies Act 2006 and Accounting and Reporting by Chaiities." Statement ol
Recommended Practice applicable to charities preparing th6ir accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Iieland IFRS 1021 (effective 1 January 20191" The
Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepar8d in sterling. which is the functional ￿rrencY of the Charity. Monetary
arnounts in these financial stat8rnenls are rounded to the nearest £,
The financial statements have been prepar8d und8r th8 historical c05t convenlion, Imodilied to include th8
revaluation of freehold properties and lo includ8 inv8slment properties and ￿rtain financial instrum8nts at fair
valLJel. The principal accounting policies adopled are set out below.
1.2 Going concern
At the lime of approving the financial st8t8m8nts, the Trustees have a reasonable expectation thal the Charity
has adequate resources to continue in operalic)nal existence for the foresgeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financi81 staternernls.
1.3 ChaTltabl• funds
Unreslrioted funds are donations and other in¢om9 received or generated for the charitable purposes. Thes8
funds are available for use towards m88ting the objectives of the Charity.
Restricted fund5 a￿ to be used lor specih'c purposes as lald down by the donor. Expenditur8 which meets
thes8 criteria is charged to the lund.
1.4 Incorne
Income from donations and grants, Including capital grants, is included when these are receivable, except as
follows..
When donors specify that donations and grants givgn io the Chaiily must be used in futur8
accounting periods, the income is def&rr6d until those periods.
When donors impose conditions, which have to be lullilled before the Charity become5 entitled to usè
such income, the income is deferred until the preconditions lor use have b88n rnet.
When donors specify Ihat donations and grants, in¢luding capital grants, ale for restricted purposes,
which do not amount to pre-conditions warding 8ntitlernent, this income is included in ￿$trICted
funds when receivable.
Gifts in kind are valued by the arnounl stated on the receipt if provid8d by the d()nor. Where no
receipt is available, the items are valued by multiplying the weight with the prevailing price on the
respective preciou5 metal or commodity exchange in London at the respective wholesale price of
each, plus a fixed value lor labour per gram.
Where lax has been deduc18d at Source, income is grossed up where a ciaim fc>r the tax repayment
has been Made. Thg tax recoverable is shown as a debtor
In¢om8 from investments is included in the Staternellt of Finanaal Activities in the period it is receivable and
deferred or accrued accordingly.
12

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles
Iconlinuedl
1.5 Expenditure
The policy for ineluding items within tho relevant activity categories of expenditure is that expenditure is
charged to Ihe Slalement of Financial Activitie5 on an accruals basis. inclusive ol VAT which cannot be
recovered and is classified as follow5-.
Costs of generatlng funds
The costs of generating funds comprise the costs associated with allracling voluntary incom8.
Charltable actlvllies
A¢livilies in furth8rance of the Charity's obleclives and aims.
Charitable expenditure comprises Ihose costs incurred by th& Charity in the delivery ol it5 activities
and services for its beneliciaries.11 includes both costs that can be allocated directly lo sueh aclivilies
and those costs ol an indire¢l nature to support thern.
Governance costs shall include all expellditure directly related to the adminislralion ol the Charity
including expenditure incurred in the management of the Charity's assets, organisatiollal
administration and cotnpliance with charitable and slalutory requirernents.
Allocation of cosls within types of exp8nditura
The methods and principles lor the allocation and apportionment of all costs bets￿e8n th8 different aetwily
catggories of resources set out above are..
All expenditure 15 accounted lor on an accruals basis and h85 been included under expense categories that
aggregate all costs for allocation to activities. Where c05t5 callnot be directly attributed lo particular activities
they have been allocated on a basis con51slenl with the use of the resources.
1.6 Tangtb18 fixed as5et5
Tangible fixed assets arg initially tneasured at cost and subsequently measured al Cost or valuation. net of
depreciation and any impairtnerit losses.
Depreciation is reoognised 50 85 to write off the cost or valuation ol assets less th8ir r88idu81 values over their
useful liv85 on the following bases..
Temple buildings
Computers
Equipment
Motor vehicles
2% straighl line
250/0 Straight line
20°/o Straight lin&
25% straight line
The gain or loss arising on the disposal ol an asset is determined as the differen￿ between the $819
proceeds and th8 carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Investment properties
Investment properties a￿ included in the Balance sheet at their fair value in accordan￿ with Financial
Reporting Standard 102 and arg not depreciated. Gains are recognised in the statement ol financial activities.
1.8 Impairment of flxed assets
At each reporting end date, the Charity rgviews the carrying amounts ol its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount ol the asset 15 estimated in order to delerrnine the extent ol the irrpairmgnt
loss lif any).
1.9 Cash and cash equlvalenls
Cash and cash equivalents includ8 cash in hand, deposit5 held at Call with banks, other short-term liquid
inveslments with original maluritie5 of three tnonths or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in currenl liabilities.
13-

HINDU TAMIL CULTURAL ASSOCIATION {ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
AccountSng policies
Icontsnuedl
1.10 Taxalion
The company has been confirmed to be exempl from Corporation Tax, as hawng charitable status, upon any
surpluses arising frotll 15 activities as long as those Surpluses are held for the purpose of the company's
objects.
All the activitles are outside th8 scope of VAT and input tax on purchase5 15 not recoverable and therefore 15
chaiged against the calegoiy ol expenditure for which it wa5 incuried.
1.11 Credltors and provi8ion5
Credilois and provisions are recogni5ed where the Charity has a present obligation resulting frorn a past
gvent that will probably result in the transfer ol funds lo a third party and the amount due to 5elt1e the
obligation can be measured or eslimaled reliably. Creditor and provisions are normally recognlzed at their
settlement amount after allowing lor any trad8 discounts due.
Th8 Chaiity has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are Init￿allY recognised al transition value and subsequently measured at their
settlement value with the exception ol bank loans, which are subsequently measured at amortised cost using
the effective int8rest rnethod.
1.12 Government grants
Government grants are recognised at th8 fair value ol the asset received or receivable when there is
reasonable assurance that the grant ¢ondition5 will be met and the grants will be received.
Government grants relating to turnover are recognised as income over the periods when the relat8d costs are
incurred.
Income from donations and legacles
Unrestricted R8Stricted
funds
funds
2024
2024
Totsl Unrestrict8d Reslrlcted
fund5
funds
2023
2023
Total
2024
2023
Till collection
G8neral donation
rec&ived
General donation
receiv8d Ichildren's
welfare- restricted)
Government grants
Building fund donations-
slricled
48,292
48,292
56,466
56,466
346,765
346,765
609,339
609,339
23,493
23,493
63,836
26,468
26,468
65,836
16,162
16,162
21,276
21,276
460.893
39,655
500.548
665,805
47,744
713.549
14-

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from charitable a¢livilie8
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Abisekam & Archanai Contribution
457,024
261,623
Income from other trading activltles
Unrestrlcted Unre$lrl¢led
funds
funds
2024
2023
Miscellaneous income
207,251
101,015
Income from invèstments
Unrestricted Unr85trict8d
funds
funds
2024
2023
Rental inoorne
82.700
75,728
15

HINDU TAMIL CULTURALASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendlture on charitsble activities
Unrestricted Unrestricted
fund5
funds
2024
2023
staff cosls
Depreciation arid impairment
AnnoUn￿mentS and adverts
Abisekam and related expenses
Water rates
General rates
Premises insurance
Light and heal
187,674
68,647
3,900
367,062
4,593
7,262
10,444
48,269
159,942
63,197
5,081
303.081
5,428
8,994
9,711
53,825
F 11
Prillling, stationery and postage
Telephone
Computer supplies
Repairs and ienewals
Cleaning
Security and alarm
Office expenses
Wedding expenditure
Festival expenditure
4,986
3,617
2,826
3,155
11,875
5,226
10,166
33,653
124,642
6,256
2,320
1,680
2,497
10,392
5,546
6,001
23.117
123,694
897,997
7￿,762
Share of governance costs15ee note 81
123,395
136,027
1,021,392
926,789
Net movement in fund5
2024
2023
The net rnovement in funds is stated after ¢hargingllcreditingl'.
Fees payable lor the audit of the charity's financial slalements
Depreciation of owned tangible fixed assets
7,700
68,647
7,768
63,201
16

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support and governance cost5
Support Governanc8
costs
costs
Total
2024
Support Governance
Costs
costs
Total
2023
Audit and accountancy
fee5
Professional legs
Bank charges
Bank loan interest
7.700
3,266
11,515
100,914
7,700
3,266
11,515
100,914
7,768
3.279
12,165
112.815
7,768
3,279
12,165
112,815
123,395
123,395
136,027
136,027
Allocated to..
Charitable actiwtie5
123,395
123,395
136,027
136,027
Goverllance costs includes payments lo th8 auditors of £7.70012023- £7.7681 for audit fees.
Trustees
None of the Trust8es lor any persons connected with thernl received any remuneration or b8nefits from the
Charity during th8 year.
10 Other exp8nditure
Restrlcted Reslrlcted
funds
funds
2024
2023
General donations- Asia
General donations- UK
34,260
13,928
32,028
13,081
48,188
45,109
17

HINDU TAniiiL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11
Employees
Number of employees
The average monthly number of employees during the year was..
2024
Number
2023
Numb8r
Priests
Adtninistration
12
Employment costs
2024
2023
Wages and salaries
Social $8curity costs
179.780
7,894
158,214
1.728
187,674
159,942
Th8r8 were no employees whose annual remuneration was £60,000 or more.
12 Taxatlon
The charity IS 8xempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxatitsn of Chargeab18 Gains Act 1992 to the extent that these are applied to ils charitable objeds.
13 Tangible fixed assets
Temple
bu11dlngs
Computers
Motor
vehlcles
Jgwellery
TotAI
ost
Al 1 January 2024
Additions
2,910,973
64,369
23,969
4,920
451,059 3,431,321
20,000
43,969
At 31 Dec8mbgr 2024
2,910,973
88,338
4,920
471,059 3.475,290
Depreclatlon and impairn18nt
Al 1 January 2024
Depreciation charged in the year
346,717
58,219
46,118
10,428
4,920
397.755
68.647
Al 31 December 2024
404,936
56,546
4,920
466.402
Carrying amount
Al 31 December 2024
2,506,037
31,792
471.059 3,008.888
At 31 December 2023
2,564.257
18,251
451.059 3,033.$67
18

HINDU TAniEIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Investment property
2024
Fair value
At 1 January 2024 and 31 December 2024
2,595,996
15 Debtors
2024
2023
Amounts falling due within one y8ar'.
Other debtors
Prepayments and accrued income
13,393
874
12,293
874
14,267
13,167
16 Creditors= amount5 falling due Wlthin one y•ar
2024
2023
Notes
Secured loan
Other taxation and social security
Other oreditors
Accruals and deferred income
18
315,403
1,081
65,613
10,614
314.981
5,293
50.190
10,614
392,711
381,078
17 Credltors: amounts falling due after more than one year
2024
2023
Notes
Secured loan
18
1,582,872
1,808,017
18 Loan5 and ovgrdrafts
2024
2023
Secured loan
1,898,275
2.122,998
P8yable within one year
Payable after one year
315,403
1,582,872
314,981
1,808,017
The loans are secured against th8 properties owned by the Charity.
19

HINDU TAMIL CULTURAL ASSOCIATION {ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Unrestricted funds
The unrestricted funds of Ihg Charity comprise the unexpended balance5 of donations and gr8nls which are
not Subject to Specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricled funds by the trustees lor specific purposes.
At l January
2024
Incoming
r850urce$
Resources
expended
At31
December
2024
G8n&ral funds
3,413,746
1.207.868
11,021,392)
3,600,222
Previous year:
At 1 January
2023
Incoming
r850urc8S
Resources
expended
At31
December
2023
General funds
3,236,364
1,104,171
1926.7891
3,413,746
20 Analysls of nèt assets betweon funds
Unrestrlctod
funds
2024
Restricted
funds
2024
Total
2024
Al 31 December 2024..
Tangible assets
Investment prop8rt188
Current assetsllliabililiesl
Long term liabilities
3,008,888
2,595,996
1421,7901
11,582,872)
3,008.888
2.595,996
1375,4951
11.582,8721
46,295
3,600,222
46,295
3,646,517
UrTr85tricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 December 2023:
Tangible as5els
Investm8nt prop8rti8s
3,033,567
2,595,992
1407.7961
11,808,017)
3,033,567
2,595,992
1352,9681
11,808,017)
54,828
Long term Ilabilltles
3,413,746
54,828
3,468.574
-20-

HINDU TAIVIIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEIWBER 2024
21 Rest¥lcted funds
The income funds ol the Chaiity include r8Stri¢led funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes..
At 1 January
2024
Incomlng
resoLtrces
R850urces
expended
At31
Decernber
2024
Children's homes
54,828
39,655
148,1881
46,295
Prevlous ygar..
At 1 January
2023
Incoming
resources
Resourcas
expended
At31
Deeernber
2023
Child￿n,$ homes
52,193
47,744
145,1091
54,828
Children's homes
Th8 children's homes fund represents donations that have been received specifically for children's homes in
Sri Lanka.
22 Cash gonarated from operations
2024
2023
Surplus for the year
177,943
180,017
Adjustments for..
Investment income recognised in statement of financial ac(ivilie5
Foreign exchange dIfferen￿S
Depreciation and impairment of tangible fixed assets
182.7001
121
68,647
175,7281
63,197
Movements in worklng capital..
Ilncreaseydecrease in d8btors
Increase in creditors
11,1001
11,210
544
27,321
Cash gan•rat8d from operations
173.998
195,354
21

HINDU TAMIL CULTURAL ASSOCIATION (ENFIELD)
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Analysi5 of chang05 in nat Idebtllfund5
At l January
2024
Cash flow5 At 31 December
2D24
Cash at bank and in hand
14,943
111,9941
2,949
Loans falling due within one year
Loans falling due after more than one year
1314,9811
11,808,017)
14221
225,145
1315,4031
11,582,872)
12,108.0551
212,729
11,895,326)
-22-