2022-12-31-accounts - Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha

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						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	.				19-31

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

Reference	and administrative	and administrative	information
Trustees	and Principal Advisors
Company	number		07313272
Charity number			1143083
Registered	efface		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 Patel
			Dr. Mayank Shah
Bankers			The Royal Bank ofScotland Pic
			354 Station Road
			Harrow
			HA1 3XZ
Solicitors			Hugh Cartwdght	&Amin
			12John Street
			London
			WClN 2EB
Auditors			P.S.J.Alexander	&Co
			Chartered Accountants		and Registered Auditors
			1 Doughty Street
			London
			WCIN 2PH

	Notes	Unrestricted	Restricted	Endowment	2022 Total	2021Total
		Funds	Funds	Funds
Income from:
Donations and legacies	3	15,300,167	802,971	43,214	16,146,352	16,082,227
Other trading activities	4a	27,093			27,093	4,992
Government Grants						68,142
Investment income	4b	535,736			535,736	17,375
Total income		15,862,996	802,971	43,214	16,709,181	16,172,736
Expenditure on:
Charitable activities:
Congregational activities	5	11,968,293	156,660		12,124,953	9,146,349
Food for deities, volunteers		921,926			921,926	350,907
and devotees
Total expenditure		12,890219	156,660		13,046,879	9,497456
Net movement in funds before		2,972,777	646,311	43,214	3,662,302	6,675,480
transfers
Gross transfers between funds
Net movement in funds	16	2,972,777	646311	43414	3,662/02	6,675,480
Reconciliation offunds:
Total funds brought forward		21,281 293	5,167,647	1,096,800	27,545,740	20,870 'i60
Total funds at the end ofthe
year		24+54,070	5,813tt58	1,140,014	31408,042	27445,740

		Notes	Unrestricted	Restricted	Endowment	2022 Total	2021Total
			Funds	Funds	Funds
Fixed assets
Tangible assets		11	18,636,689	3,828,200		22,464,889	21,982,084
Investments		12	956,030			956,030	952,217
			19,592,719	3,828,200		23,420,919	22,934,301
Current assets
Stocks		13	14,071			14,071	18,061
Debtors		14	417,653			417,653	659,367
Cash at bank and in hand			4,841,143	1,985,758	1,140,014	7,966,915	4,250,648
			5,272,867	1,985,758	1,140,014	8,398,639	4,928,076
Liabilities
Creditors: Amounts	falling	15	(611,516)			(611,516)	(316,637)
due within one year
Net current assets			4,661,351	1,985,758	1,140,014	7,787,123	4,611,439
Total net assets			24,254,070	5,813,958	1,140,014	31,208,042	27,545,740
REPRESENTED BY:
Unrestricted		16	24,254,070			24,254,070	21,281,293
Restricted		16	-	5,813,958		5,813,958	5,167,647
Endowment		16			1,140,014	1,140,014	1,096,800
			24,254,070	5,813,958	1,140,014	31,208,042	27,545,740

							2022	2021
					Notes
Cash flows from operating	activities
Net cash provided by operating		activities			17		4,903,537		6,314,794
Cash flows from investing	activities
Interest						24,159		5,625
Purchase offixed assets						(1207,616)		(5,949,416)
Increase in fixed deposits						(3,813)		(3,738)
Proceeds &om disposal offixed		assets						3,657
Net cash used in investing	activities						(1,187,270)		(5,943,872)
Changes in cash and cash	equivalents		in	the year			3,716,267		370,922
Cash and cash equivalents	at	beginning		ofthe			4,250,648		3,879,726
year
Cash and cash equivalents	at	end ofthe		year	18		7,966,915		g4/50,648

Detailed comparatives	for the statement offinancial activities and the	for the statement offinancial activities and the	for the statement offinancial activities and the	balance sheet
			Unrestricted	Restricted	Endowment
			Funds	Funds	Funds		2021
Income from:
Donations and legacies Trading income Government Grants Investment income			12,707,684 16,742 68,142 5,625	3,298,863	75,680		16,082,227 16,742 68,142 5,625
Total income			12,798,193	3,298,863	75,680	16,172,736
Expenditure on:
Charitable activities:
Congregational activities Food for deities, volunteers		and devotees	7,200,726 212,476	1,945,623 138,431			9,146,349 350,907
Total expenditure			7,413/02	2,084,054			9,497456
Net movement in funds	before transfers		5/84,991	I,Z14,809	75,680		6,675,480
Gross transfers between	funds		(12,9373	12,937
Net movement in funds			5/72,054	1427,746	75,680		6,675,480
Total funds brought forward			15,909,239	3,939,901	1,021,120	20,870,260
Total funds carried forward			21481493	5,167,647	1,096,800	27~5,740

Detailed comparati	ves for the statement offinancia	l activities and the b	alance sheet	(continued)
		Unrestricted	Restricted	Endowment
		Funds	Funds	Funds	2021
Fixed assets			f
Tangible assets Investments		18,084,380 952,217	3,897,704		21,982,084 952,217
		19,036,597	3,897,704		22,934801
Current assets
Stocks Debtors Cash at bank and in hand		18,061 659,367 1,833,905	1,769,943	1,096,800	18,061 659,367 4,250,648
		2+61333	1/69,943	1,096,800	4,928,076
Liabilities
Creditors: Amounts	falling due within one year	(316,637)			(316.637)
Net current assets		2,244,696	1,269,943	1,096,800	4,611,439
Total net assets		21481,293	5,167,647	1,096,800	27~5,740
REPRESENTED BY:
Funds:
Unrestricted Restricted Endowment		21,281,293	5,167,647	1,096,800	21281,293 5,167,647 1,096,800
		21481493	5,167,647	1,096,800	27,545,740

3.	Income from donations and	legacies	legacies
				Unrestricted	Restricted	Endowment
				Funds	Funds	Funds	2022	2021
							f	f
	General donations and congregational activities Save-as-you spend donations Deities' clothing Children and youth activities Area congregations Food for deities, volunteers and devotees Sponsored events Donated services Donations for Lisbon associated centre Donations for India associated centres Donations for USA associated centres Donations for Paris associated centres Donations for Corona Virus relief fund Donations for Afiica associated centres			12,109,715 110,645 150,674 53,002 852,697 1,139,479 856,454 27,501	4,647 2,633 740,056 49,670 5,965	43,214	12,152,929 110,645 150,674 53,002 852,697 1,139,479 856,454 27,501 4,647 2,633 740,056 49,670 5,965	11,388,S68 108,648 100,271 7,526 363,622 1,431,996 48,097 14,052 1,906,738 36,567 675,842
				15300,167	802 tt71	43/14	16,146452	16,082,227
	Donated services reflect the value of		donated	audit services.
	(a) Income from other trading	activities
							2022	2021
					Unrestricted	Restricted	Total	Total
	Turnover -sales ofaudio, video	and books			27,093		27,093	4,992
	(b) Investment Income
	Rental income				511,577		511,577	11,750
	Interest income				24,159		24,159	5,625
					535,736		535,736	17,375
5.	Expenditure on congregational	activities
							2022	2021
					Unrestricted	Restricted	Total	Total
	Staffcosts				843,112		843,112	626,052
	Sermon and Other Donations Religious Promotions				7,319.923 544,969	87,156	7,407.079 544.969	6,169,853 407,842
	Advertising and Promotion				233,475		233,475	114,723
	Premises costs				1,189,629		1,189,629	875,965
	Depreciation				655,307	69,504	724,811	377,897
	Governance costs Oflice expenses				314,221 504,S18		314,221 504,818	163,099 284,155
	Hiring equipment Bank charges Exchange (gains)				292,087 70.767 (15)		292,087 70,767 (15)	63,279 63,431 53
					11,968,293	156,660	12,124,953	9,146,349

			2022	2021
Staffcosts Premises costs Depreciation Governance costs Office expenses Hiring equipment Bank charges Exchange (gains)	Unrestricted 843,112 178,444 98296 314,221 75,723 43,813 10,615 737	Restricted 10,426	Total 843,112 178,444 108,722 314,221 75,723 43,813 10,615 737	Totalf 626,052 131,395 56,685 163,099 42,623 9,492 9,514 53
	1,564,961	10,426	1+75387	1,038,913


Analysis ofstaff costs,	trustee remuneration	and expenses, and the costofkey management personnel
Staffcosts were as follows:
			2022	2021
			Total	Total
Salaries and wages Social security costs Employer's contribution	to defined contribution	pension scheme	753,004 70,490 19,618	557,655 51,445 16,952
			843,112	626,052

Staff numbers
							2022		2021
							No.		No.
Charitable activities and support							30		70
							30		20
Related party transactions
BAPS, Sarjudas Foundation ('Sarjudas') and Nilkanth		Estates ('Nilkanth')				are charities/charitable companies			with
similar charitable aims and objectives and beneficiaries.		These entities also				have trustee(s)	in common.
The following uansactions took	place between BAPS	and these		two entities or their group companies				during	the
year .
							2022		2021
Purchases made by BAPS &om Balance due to Cultural Festival	Cultural Festival ofIndia Ltd (Sarjudas' ofIndia Ltd at balance sheet date				group)		46,016 2,518	13,770 168
Purchases made by BAPS &om	Saya Enterprises Ltd (Sarjudas'		group)				126,769	164,615
Balance due to Saya Enterprises	Ltd at balance sheet date						48,438		Nil
Purchases made by BAPS &om	Shayona Caterers Ltd (Sarjudas'			group)			1,686	4,000
Balance due to Shayona Caterers	Ltd at balance sheet date						Nil		Nil
Donations received by BAPS &om Bank House Lockers Limited				(Sarjudas'		group)	350,000	212,000
Donations made by BAPS to Sarjudas							6,500,000	2,000,000

The charity is exempt &om cor Tangible fixed assets	poration tax as a	ll its income is c	haritable and is	applied for c	haritable purpo
Cost or valuation	Freehold Land & ~Buildin s	Assets Under Construction	Furniture Fixtures & E~	Motor Vehiclesf	Totalf
At the start ofthe year Additions in year Disposals	1,701.950	19,370,275 1,059,988	3,885,056 147,628	48,480	25,005,761 1,207,616
Reclassiiication	20,430,263	(20,430,263)
At the end ofthe year	22,132313		4,032,684	48,480	26,213,377
~D
At the start ofthe year Charge for the year Disposals	348,657		3,006,344 366,458	17,333 9,696	3,023,677 724,811
At the end ofthe year	348,657		3,372,802	27,029	3,748,488
Net BookValues
At the end ofthe year	f21,783,556		f659,882	f21,451	f22,464,889
At the start ofthe year	f 1,701,950	f19,370,275	f. 878,712	f31,147	f21,982,084
All ofthe above assets are used	for charitable purposes,
Fixed asset investments
				2022	2021
Fixed deposits:
Value at the start ofthe year Additions				952,217 3,813	948,479 3,738
Value at the end ofthe year				f956,030	f952,217

13.	Stock
						2022	2021
	Goods for resale					f14,071	f18,061
14.	Debtors
						2022f	2021
	Other debtors Prepayments &accrued	income				370,440 47,213	618,488 40,879
						f417,653	6659.367
15.	Creditors: Amounts	falling due within	one year
	Trade creditors Other tax and social security					2022f 586,214	2021 278,571
	Other creditors Accruals and deferred income					18,308 6,994	8,496 29,570
						f611+16	f316,637
16.	Movement in funds
				At start	Incoming	Outgoing	At end
				ofthe	resources	resources	ofthe
				year	&gains	&losses	year
				f,
	(i) Paris Mendel Fund (ii) Lisbon Mandir Seva Fund (iii) Toronto/USA Mandir Fund (iv) Africa Mendel Fund (v) Manchester Temple Fund (vi) Birmingham Temple Fund (vii) Covid Relief Fund		1,172,443 93,025 4,475 2 907,759 1,689,945		740,056 4,647 2,633 5,965 49,670	(67,778) (4,647) (4o91) (10,440) (44,155) (25,349)	1,844,721 91,367 2,163,604 1,664,596 49,670
	Total restricted funds		5,167,647		802,971	(156,660)	5,813,958
	Endowment funds		1,096,800		43/14		1,140,014
	Unrestricted funds		21481493		15,862,996	(12,890419)	24454,070
	Total funds		27445,740		16,709,181	(13,046,879)	31,208,042

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