2021-12-31-accounts

					Pages
Trustees' annual report					I
Independent auditors'	report				13
Statement offinancial	activities (incorporating	an income and expenditure	account)	..	16
Balance sheet					17
Statement ofcash flows					18
Notes to the financial	statements .				19-3I

itfandirs
North London	Coventry	Loughborough	Preston
East London	Havant	Luton	Southend-On-Sea
South London	Leeds	Manchester	Wellingborough
Birmingham	Leicester	Nottingham
Centres
Belfast	Chiltern	Glasgow	Swindon
Bolton	Colchester	Hinckley	Watford
Brent	Crawley	Milton Keynes	West London
Brighton	Derby	Newcastle	Chigwell
Bristol	Edinburgh	Oxford
Cambridge	Enfield	Reading
Cardiff	Finchley	South East London

Company	number	number	07313272
Charity number			1143083
Registered	office		Pramukh Swami Road
and operational		address	Neasden
			London
			NW10 8HW
Also known as			"BAPSSwaminarayan		Sanstha"		and "BAPS"
Country ofregistration			England &Wales
Country ofincorporation			United Kingdom
Trustees			Trustees, who are	also	directors under company			law, who served during
			the year and up to the date			ofthis	report were as	follows:
			Jitendrakumar Maganbhai			Patel -	Chair
			Sanjay Jayendra Kara
			Anup Arun Vyas
			Arvindkumar Petal
			Dr. Mayank Shah
Bankers			The Royal Bank ofScotland Plc
			354 Station Road
			Harrow
			HAI 3XZ
Solicitors			Hugh Cartwright	&Amin
			12John Street
			London
			WCIN 2EB
Auditors			P.S.J.Alexander &Co
			Chartered Accountants		and Registered Auditors
			1 Doughty Street
			London
			WC1N 2PH

	Notes	Unrestricted	Restricted	Endowment	2021Total	2020 Total
		Funds	Funds	Funds
Income from:
Donations and legacies	3	12,707,684	3,298,863	75,680	16,082,227	12,621,165
Other trading activities	4	16,742			16,742	947
Government Grants		68,142			68,142	142,608
Investments		5,625			5,625	7,674
Total income		12,798,193	3,298,863	75,680	16,172,736	12,772,394
Expenditure on:
Charitable activities:
Congregational activities	5	7,200,726	1,945,623		9,146,349	5,582,421
Food for deities, volunteers		212,476	138,431		350,907	321,759
and devotees
Total expenditure		7,413,202	2,084,054		9,497,256	5,904,180
Net movement in funds before		5,384,991	1,214,809	75,680	6,675,480	6,868,214
transfers
Gross transfers between funds		(12,937)	12,937
Net movement in funds	17	5472,054	1,227,746	75,680	6,675,480	6,868,Z14
ReconciTiation offunds:
Total funds brought forward	17	15,909,239	3,939,901	1,021,120	20,870,260	14,002.046
Total funds at the end ofthe	I'7
year		21,281,293	5,167,647	1,096,800	27,545,740	20,870,260

						Company number 07313272	Company number 07313272
		Notes	Unrestricted	Restricted	Endowment	2021Total	2020 Total
			Funds	Funds	Funds
Fixed assets
Tangible assets		11	18,084,380	3,897,704		21,982,084	16,414,223
Investments		12	952,217			952,217	948,479
			19,036,597	3,897,704		22,934@01	17@62,702
Current assets
Stocks		13	18,061			18,061	15,200
Debtors		14	659,367			659,367	245,832
Cash at bank and in hand			1,883,905	1,269,943	1,096,800	4,250,648	3,879,726
			2,561,333	1,269,943	1,096,800	4,928,076	4,140,768
Liabilities
Creditors: Amounts	falling	15	(316,637)			(316,637)	(633,210)
due within one year
Net current assets			2,244,696	1,269,943	1,096,800	4,611,439	3,507,558
Total net assets			21,281893	5,167,647	1,096,800	27,545,740	20,870,260
REPRESENTED BY:
Unrestricted		17	21,281,293			21,281,293	15,909,239
Restricted		17	-	5,167,647		5,167,647	3,939,901
Endowment		17			1,096,800	1,096,800	1,021,120
			21,281,293	5,167,647	1,096,800	27,545,740	20,870,260

							2021	2020
					Notes
Cash flows from	operating	activities
Net cash provided	by operating		activities		18		6,314,794		7,462,835
Cash flows from	investing	activities
Interest						5,625		7,674
Purchase offixed	assets					(5,949,416)		(6,352,235)
Increase in fixed	deposits					(3,738)		(51,050)
Proceeds &om disposal offixed			assets			3,657		(550)
Net cash used in	investing	activities					(5,943,872)		(6,396,161)
Changes in cash	and cash	equivalents		in tbe year			370,922		1,066,674
Cash and cash equivalents		at	beginning	ofthe			3,879,726		2,813,052
year
Cash and cash equivalents		at	end ofthe year		19		4,250,648		K3,879,726

2.	Detailed comparatives	Detailed comparatives	for	the statement offinancial activities and the balance sheet	the statement offinancial activities and the balance sheet	the statement offinancial activities and the balance sheet
					Unrestricted	Restricted	Endowment
					Funds	Funds	Funds	2020
	Income from:
	Donations aud legacies				11,065,009	1,493,409	62,747	12,621,165
	Trading income				947			947
	Government Grants				142,608			142,608
	Investment income				7,674			7,674
	Total income				11,216,238	1,493,409	62,747	12,772,394
	Expenditure on:
	Charitable activities:
	Congregational activities				4,149,023	1,433,398		5,582,421
	Food for deities, volunteers			and devotees	321,759			321,759
	Total expenditure				4,470,7820	1,433,398		5,904,180
	Net movement in funds				6,745,456	60,011	62,747	6,868,214
	Total funds brought	forward			12,069,261	974,412	958,373	14,002,046
	Prior year adjustment				(2,905,478)	2,905,478
	Total funds brought	forward (as restated)			9,163,783	3,879,890	958,373	14,002,046
	Total funds carried	forward			15,909,239	3,939,901	1,021,120	20,870,260

		Unrestricted	Restricted	Endowment
		Funds	Funds	Funds	2020
Fixed assets
Tangible assets		13,099,005	3,315,218		16,414,223
Investments		948,479			948,479
		14,047,484	3,315,218		17,362,702
Current assets
Stocks		15,200			15,200
Debtors		245,842			245,842
Cash at bank aud in	hand	2,233,923	624,683	1,021,120	3,879,726
		2,494,965	624,683	1,021,120	4,140,768
LiabiTities
Creditors: Amounts	falling due within one year	(633,210)			(633,210)
Net current assets		1,861,755	624,683	1,021,120	3,507,558
Total net assets		15,909,Z39	3,939,901	1,021,120	20,870,260
REPRESENTED	BY:
Funds:
Unrestricted		15,909,239			15,909,239
Restricted			3,939,901		3,939,901
Endowment				1,021,120	1,021,120
		15,909,239	3,939,901	1,021,120	20,870,260

						Unrestricted	Restricted	Endowment	Endowment
						Funds	Funds		Funds	2021	2020
	General donations	and congregational			activities	10,647,524	665,664		75,680	11,388,868	10,724, 164
	Save-as-you spend	donations				108,648				108,648	80,249
	Deities' clothing					100,271				100,271	66,874
	Children and youth	activities				7,526				7,526	16,333
	Area congregations					363,622				363,622	315,232
	Food for deities, volunteers		and devotees			1,431,996				1,431,996	1,190,236
	Sponsored events										2,127
	Donated services					48,097				48,097	31,501
	Donations for Lisbon associated centre						14,052			14,052	1,447
	Donations for India associated			centres			1,906,738			1,906,738
	Donations for USA associated			centres			36,567			36,567	190,780
	Donations for Paris associated			centres			675,842			675,842
	Donations for Middle east associated centre										1,502
	Donations for Australia associated centre
	Donations for Africa associated centres										720
						12,707,684	3,298,863		75,680	16,082,227	12,621,165
	Donated services	reflect the		value ofdonated		audit services.
	Income from other trading			activities
										2021	2020
							Unrestricted		Restricted	Total	Total
	Turnover —sales ofaudio, video and books						4,992			4,992	947
	Rental income						11,750			11,750
							16,742			16,742	947
5.	Expenditure on congregational activities
										2021	2020
							Unrestricted		Restricted	Totalf	Total
	Staffcosts						626,052			626,052	767,759
	Sermon and Other	Donations					4,303,432		1,866,421	6,169,853	1,043,127
	Religious Promotions						334,085		73,757	407,842	1,758,472
	Advertising and Promotion						114,502		221	114,723	66,924
	Premises costs						875,965			875,965	949,294
	Depreciation						377,897			377,897	348,166
	Governance costs						163,099			163,099	97,498
	Office expenses						282,248		1,907	284,155	285,530
	Hiring equipment						59,962		3,317	63,279	208,696
	Bank charges						63,431			63,431	60,209
	Exchange (gains)						53			53	(3,254)
							7,200,726		1,945,623	9,146,349	5,582,421

				2021	2020
		Unrestricted	Restricted	Total	Total
Staffcosts		626,052		626,052	767,759
Premises costs		131,395		131,395	142,394
Depreciation		56,685		56,685	52,225
Governance	costs	163,099		163,099	97,498
Office expenses		42 337	286	42,623	42 829
Hiring equipment		8,994	498	9,492	31,304
Bank charges		9,514		9,514	9,031
Exchange (gains)		53		53	(3,254)
		1,038,129	784	1,038,913	1,139,786

This is st	ated after charging/ (crediting):
		2021	2020
		Total	Total
Depreciation		381,553	347,350
Auditors'	remuneration:
Audit (donated service in kind)		31,501	31,501
Foreign	exchange (gains)	53	(3254)
Furlough	Grants	(68,142)	(142,608)

	The charity is exempt from corp	oration tax	as	all its income is ch	aritable and is a	pplied for ch	aritable purpos
11.	Tangible fixed assets
		Freehold Land & ~Buildin s		Assets Under C	Furniture Fixtures & E~	Motor Vehicles	Total
	Cost or valuation
	At the start ofthe year	1,701,950		13,961,359	3,489,917	44,389	19,197,615
	Additions in year			5,408,916	514,104	26,396	5,949,416
	Disposals				(118,965)	(22,305)	(141,270)
	At the end ofthe year	1,701,950		19,370,275	3,885,056	48,480	25,005,761
	~D
	At the start ofthe year				2,748,613	34,780	2,783,393
	Charge for the year				376,695	4,858	381,553
	Disposals				(11S,964)	(22,305)	(141,269)
	At the end ofthe year				3,006,344	17,333	3,023,677
	Net BookValues At the end ofthe year	K1,701,950		I19370,275	g 878,712	f31,147	f21,982,084
	At the start ofthe year	f 1,701,950		f13,961,359	g 741,305	f9,609	f16,414,223
	All ofthe above assets are used	for charitable		purposes.
12.	Fixed asset investments
						2021	2020
	Fixed deposits:
	Value at the start ofthe year					948,479	897,428
	Additions					3,738	51,051
	Value at the end ofthe year					f.952,217	f.94S,479

13.	Stock
			2021	2020
	Goods for resale		518,061	f.15,200
14.	Debtors
			2021	2020
	Other debtors		618,488	204,423
	Prepayments &accrued	income	40,879	41,419
			5659,367	f245,842
15.	Creditors: Amounts	falling due within one year
			2021	2020
	Trade creditors		278,571	594,183
	Other tax and social security			2,888
	Other creditors		8,496	4,408
	Accruals and deferred	income	29,570	31,731
			f316,637	f633,210

Analysis ofnet assets between funds
	Unrestricted	Restricted	Endowment	Total funds
	funds	funds	funds	2021
Fixed assets	19,036,597	3,897,704		22,934,301
Current assets	2,561,333	1,269,943	1,096,800	4,928,076
Current liabilities	(316,637)			(316,637)
Net assets at end ofthe year	21,281,293	5,167,647	1,096,800	27,545,740
Net assets at start ofthe year	15,909,239	3,939,901	1,021,120	20,870,260

17.	Movement in funds	Movement in funds
			At start	Incoming	Outgoing	Transfers	At end
			ofthe	resources	resources		ofthe
			year	&gains	&losses		year
			as restated
	(i)	Paris Mandal Fund	517,413	675,842	(20,812)		1,172,443
	(ii)	India Mandir Seva Fund
	(iii)	Lisbon Mandir Seva Fund	5,043	14,052	(19,095)
	(iv)	USA Mandir Fund	90,780	36,567	(34,322)		93,025
	(v) (vi)	Africa Mandal Fund Manchester Temple Fund	4,475 1,982,972	224,787			4,475 2,207,759
	(vii)	Birmingham Temple Fund	1,332,246	357,699			1,689,945
	(viii)	Covid Relief Fund	6,972	1,989,916	(2,009,825)	12,937
	Total restricted funds		3,939,901	3,298,863	(2,084,054)	12,937	5,167,647
	Endowment funds		1,021,120	75,680			1,096,800
	Unrestricted funds		15,909,239	12,798,193	(7,413,202)	(12,937)	21,281,293
	Total funds		20,870,260	16,172,736	(9,497,256)		27,545,740

The above funds were set up and are to be utilised for the following purposes:

(i) Paris Mandal Fund (ii) India Mandal Fund (iii) Lisbon Mandir Seva Fund (iv) USA Mandir Fund (v) Africa Mandal Fund (vi) Manchester Temple Fund (vii) Birmingham Temple Fund (viii) Covid relief Fund set up set Up set up set up set up set up setup set up to promote the Charity's objectives in France. to promote the Charity's objectives in India. to promote the Charity's objectives in Portugal. to support anew temple project in USA to promote the Charity's objectives in Africa. to support anew temple project in Manchester. to support a new temple project in Birmingham. to support covid relief efforts locally and internationa', ly.