REGISTERED CHARITY NUMBER: 1144183
Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Coventry ShriSidhi Vinayagar Devasthanam
MSR GROUP LTD MSR House 329 Ley Street Ilford Essex IG1 4AA
Coventry ShriSidhi Vinayagar Devasthanam
Chairman's Report
for the Year Ended 31 March 2025
Coventry Shri Sidhi Vinayagar Devasthanam Chairman's Annual Report Financial Year 2024-25
We begin by offering our sincere gratitude to Lord Sidhi Vinayagar for His continued blessings throughout the financial year 2024-25. By His grace, the temple has continued to function as a vibrant centre of worship and community life, with steady devotee participation, uninterrupted daily poojas, and ongoing progress towards the long-term development of the temple.
Trustees' Review of Temple Development and Future Plans
Following the introduction, the Trustees held detailed discussions regarding the ongoing temple construction and development works. The Trustees reviewed the current progress of the renovation project, acknowledged the work completed to date, and considered the remaining phases required to ensure timely completion. Further discussions focused on future development plans, ensuring that all works align with religious requirements, community needs, and the long-term vision of the Trust.
As part of these discussions, several important decisions and considerations were recorded:
Appointment of an Additional Priest
In view of the increasing number of devotees, festivals, and religious services, the Trustees agreed in principle to sponsor and appoint an additional priest from Sri Lanka. This appointment is intended to support the growing spiritual and operational demands of the temple and to ensure continuity and quality of religious services.
Re-organisation of Puja Schedules
The Trustees discussed the need to review, reorganise, and restructure the current puja schedules. With the expansion of activities and increased devotee participation, the Trustees agreed to provide their inputs and guidance to ensure that any changes are well planned, practical, and in keeping with Agamic and traditional requirements.
Preparation for the Second Maha Kumbabishekam
The Trustees noted that following the first Maha Kumbabishekam, the 12-year period will conclude in 2026. Accordingly, the second Maha Kumbabishekam must be organised within this timeframe. Prior to this, all major development works must be completed, and the Balabishekam conducted as required. The Trustees reaffirmed their commitment to completing the necessary works in a timely and spiritually appropriate manner.
Future Facilities - Toilets and Wedding Hall
In response to requests from devotees, the Trustees discussed plans to construct new toilet facilities and a wedding hall within the temple premises. It was agreed that this project will commence after the completion of the Maha Kumbabishekam and associated development works, subject to financial feasibility and necessary approvals.
Review of Income and Expenditure
The Trustees examined the income and expenditure for the financial period ended March 2025, with particular attention to costs associated with the temple development project. It was noted that expenditure exceeded income during the period, primarily due to increased labour and material costs. The Trustees acknowledged the prevailing economic conditions, understood the reasons for the variance, and formally approved the financial statements.
Temple Activities and Community Engagement
Throughout the year, the temple continued to host daily poojas and a wide range of religious festivals and observances, including the Hindu New Year, annual festival period, Vinayagar Chathurthi, Navaraathiri, Kantha Sashti, Thai Pongal, Thai Poosam, Maha Sivaraathiri, and Panguni Uththiram. These celebrations were well attended and continue to strengthen spiritual devotion and community unity.
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Coventry ShriSidhi Vinayagar Devasthanam
Chairman's Report
for the Year Ended 31 March 2025
The temple also remained a centre for cultural and educational activities. Classes in Tamil language and traditional arts-including classical vocal music, miruthangam, Bharatanatyam, violin, and keyboard-continued to be conducted by specialist independent teachers, supporting the preservation of cultural heritage.
Acknowledgements and Conclusion
The Trustees express their sincere appreciation to all devotees for their generous donations, voluntary service, and continued commitment to the temple. Volunteers played a vital role in supporting priests, assisting with temple operations, and contributing to festival preparations and prasadam distribution.
While the year presented financial and operational challenges, particularly in relation to development costs, the Trustees remain confident that with continued devotion, cooperation, and generosity, the temple's goals will be achieved.
We conclude by praying to Lord Sidhi Vinayagar for His continued blessings, guidance, and strength, and for the successful completion of all development works and a glorious and auspicious second Maha Kumbabishekam.
Kandiah Selvarathinam Secretary, CSSVD Trust Date: 27/05/2025
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Coventry ShriSidhi Vinayagar Devasthanam
Operating and Financial Review
for the Year Ended 31 March 2025
During the period, the Charity undertook a major infrastructure development project with total expenditure of £360,000. This related to improvements to the Charity’s own premises and the establishment of additional supporting places of worship. As the expenditure enhanced and increased the value of the Charity’s land and buildings, it has been treated as capital expenditure. Depreciation has been charged at a combined rate of 18% for the period.
Charity has utilised their own funds to complete this project (income from the charitable activities and existing resources)
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Coventry ShriSidhi Vinayagar Devasthanam
Trustees' Report for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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
Objectives and aims
(a) To provide and establish a place of worship.
(b) To educate the younger generation in religious studies and to make them aware of the traditional methods of worship, as well as associated educational and cultural activities, based on the traditions followed in Sri Lanka and Tamil Nadu, India.
(c) To offer prizes, awards, and scholarships to outstanding students in Hindu religious studies and to other outstanding Hindu students or scholars in various fields.
(d) To establish and maintain a library containing up-to-date books on Hindu religion and related social, educational, and cultural matters in both English and Tamil.
(e) To provide assistance to elderly and disabled persons, including transportation to and from places of worship and the library.
(f) To produce, circulate, and provide gratuitously or otherwise, written or printed materials, including papers, books, periodicals, pamphlets, documents, films, or recorded tapes, whether audio or visual.
(g) To organize and provide Hindu religious, educational, and cultural events through the Coventry Shiri Sidhi Vinayagar Devasthanam Centre, which serves as the educational and cultural wing of CSSVD. The Centre also provides basic computer skills, grammar, and spoken English. Participation in these activities shall be open to all, without prejudice.
(h) To raise funds and receive contributions from individuals or organizations by way of donations. CSSVD shall not engage in permanent trading activities for the purpose of raising funds for these objectives.
(i) To undertake all other lawful activities necessary for the attainment of the foregoing objectives.
Significant activities
Raised more funds than the previous year to carry out the Temple Development Project ahead of the second Maha Kumbabishekam in 2026.
The Temple Development Project has been nearly completed successfully.
Public benefit
Due to the wider establishment of the temple and its activities, more devotees have visited the temple to offer their prayers.
Additionally, a growing number of youths and children have been attending the religious arts and language classes.
Moreover, more volunteers have come forward and actively participated in the temple’s social service activities.
Social investments
The establishment and ongoing development of worship, coupled with the provision of arts, cultural activities, and language classes, serve to instill social and cultural values in future generations, encouraging their active participation in community activities and voluntary service. During this period, nearly £400,000 has been spent on this development programme.
Grantmaking
No grants were awarded during this period due to the focus on the social investment programme.
Volunteers
The number of active volunteers has increased compared to last year.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Daily puja, abishekam in the worship, open for all publics. Weekly, arts and cultural activities. Annual Thiruvizha and rReligious events
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Coventry ShriSidhi Vinayagar Devasthanam
Trustees' Report for the Year Ended 31 March 2025
ACHIEVEMENTS AND PERFORMANCE
Fundraising activities
Undiyal, money box for ddevelopment of the worship, special puja and abishekam.
Investment performance
Expansion of the worship building, estabilishing arts and cultural activites.
FINANCIAL REVIEW
Financial position
The charity has raised more funds to support its activities. During this period, expenditures were higher compared to the previous year; however, all spending was directed towards charitable activities and the maintenance of its own assets, which is expected to increase income in the following years.
Principal funding sources
The charity’s principal funding sources are devotees’ contributions, charitable activities, and sponsorships for Archanai and Pooja ceremonies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1144183
Principal address
65a George Elliot Road Coventry CV1 4HT
Trustees
P Sellathambi K Thambipillai S Appathurai K Subramaniam K Balasubramaniam S Kandiah
Independent Examiner
Thamothirampilali Mannan FCCA, MSR GROUP LTD MSR House 329 Ley Street Ilford Essex IG1 4AA
Approved by order of the board of trustees on 30 December 2025 and signed on its behalf by:
S Kandiah - Trustee
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Independent Examiner's Report to the Trustees of Coventry ShriSidhi Vinayagar Devasthanam
Independent examiner's report to the trustees of Coventry ShriSidhi Vinayagar Devasthanam
I report to the charity trustees on my examination of the accounts of Coventry ShriSidhi Vinayagar Devasthanam (the Trust) for the year ended 31 March 2025.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
Thamothirampilali Mannan FCCA, The Association of Chartered Certified Accountants
MSR GROUP LTD MSR House 329 Ley Street Ilford Essex IG1 4AA
29 December 2025
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Coventry ShriSidhi Vinayagar Devasthanam
Statement of Financial Activities
for the Year Ended 31 March 2025
| 31.3.25 Unrestricted funds Other trading activities 2 7,187 Investment income 3 74 Total 409,092 EXPENDITURE ON Raising funds Raising donations and legacies 4 134,700 Other trading activities 31,424 166,124 Other 20,207 Total 186,331 NET INCOME 222,761 RECONCILIATION OF FUNDS Total funds brought forward 364,821 TOTAL FUNDS CARRIED FORWARD 587,582 Notes £ INCOME AND ENDOWMENTS FROM General Fund 401,831 |
31.3.24 Total funds 8,366 15 275,935 48,188 142,309 190,497 20,609 211,106 64,829 299,992 364,821 £ 267,554 |
|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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Coventry ShriSidhi Vinayagar Devasthanam
Balance Sheet
31 March 2025
| Notes FIXED ASSETS Tangible assets 7 Heritage assets 8 CURRENT ASSETS Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 11 NET ASSETS |
31.3.25 Unrestricted funds £ 808,545 14,000 822,545 3,547 8,909 12,456 (7,924) 4,532 827,077 (239,495) 587,582 |
31.3.24 Total funds £ 522,259 14,000 536,259 3,547 72,138 75,685 352 76,037 612,296 (247,475) 364,821 |
|---|---|---|
The notes form part of these financial statements
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
| Balance Sheet-continued 31 March 2025 FUNDS 13 Unrestricted funds TOTAL FUNDS |
587,582 587,582 |
364,821 364,821 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 30 December 2025 and were signed on its behalf by:
P Sellathambi - Trustee
-
K Thambipillai - Trustee
-
S Appathurai - Trustee
-
K Subramaniam - Trustee
K Balasubramaniam - Trustee
S Kandiah - Trustee
The notes form part of these financial statements
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements
for the Year Ended 31 March 2025
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 income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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.
2. OTHER TRADING ACTIVITIES
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||||
|---|---|---|
|31.3.25|31.3.24|
|£|£|
|Other Sales|6,995|7,826|
|Membership|192|540|
|7,187|8,366|
----- End of picture text -----
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. INVESTMENT INCOME
| Deposit account interest 4. RAISING DONATIONS AND LEGACIES Employee compensation Support costs |
31.3.25 £ 74 31.3.25 £ - 134,700 134,700 |
31.3.24 £ 15 31.3.24 £ 7,146 41,042 48,188 |
|---|---|---|
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM | Unrestricted funds £ |
|---|---|
| Membership | 267,554 |
| Other trading activities | 8,366 |
| Investment income | 15 |
| Total | 275,935 |
| EXPENDITURE ON | |
| Raising funds | |
| Raising donations and legacies | 48,188 |
| Other trading activities | 142,309 |
| Other | 190,497 20,609 |
| Total | 211,106 |
| NET INCOME | 64,829 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 299,992 |
| TOTAL FUNDS CARRIED FORWARD | 364,821 |
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. TANGIBLE FIXED ASSETS
| Fixtures Freehold and property fittings £ £ COST At 1 April 2024 400,000 150,368 Additions 356,858 - At 31 March 2025 756,858 150,368 DEPRECIATION At 1 April 2024 - 32,609 Charge for year 64,234 5,888 At 31 March 2025 64,234 38,497 NET BOOK VALUE At 31 March 2025 692,624 111,871 At 31 March 2024 400,000 117,759 8. HERITAGE ASSETS MARKET VALUE At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 9. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other debtors |
Motor vehicles £ 5,000 - 5,000 500 450 950 4,050 4,500 31.3.25 £ 3,547 |
Totals £ 555,368 356,858 912,226 33,109 70,572 103,681 808,545 522,259 Total £ 14,000 14,000 14,000 31.3.24 £ 3,547 |
|---|---|---|
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
----- Start of picture text -----
|||||
|---|---|---|---|
|10.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Trade creditors|-|-|
|Taxation and social security|-|(105)|
|Other creditors|7,924|(247)|
|7,924|(352)|
|11.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|
|31.3.25|31.3.24|
|£|£|
|Bank loans (see note 12)|239,495|247,475|
|12.|LOANS|
|An analysis of the maturity of loans is given below:|
|31.3.25|31.3.24|
|£|£|
|Amounts falling due in more than five years:|
|Repayable by instalments:|
|Bank loans more 5 yr by instal|239,495|247,475|
|13.|MOVEMENT IN FUNDS|
|Net|
|movement|At|
|At 1.4.24|in funds|31.3.25|
|£|£|£|
|Unrestricted funds|
|General fund|364,821|222,761|587,582|
|TOTAL FUNDS|364,821|222,761|587,582|
|Net movement in funds, included in the above are as follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted funds|
|General fund|409,092|(186,331)|222,761|
|TOTAL FUNDS|409,092|(186,331)|222,761|
----- End of picture text -----
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.23 £ Unrestricted funds General fund 299,992 TOTAL FUNDS 299,992 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 275,935 TOTAL FUNDS 275,935 |
Net movement At in funds 31.3.24 £ £ 64,829 364,821 64,829 364,821 Resources Movement expended in funds £ £ (211,106) 64,829 (211,106) 64,829 |
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 299,992 299,992 |
Net movement in funds £ 287,590 287,590 |
At 31.3.25 £ 587,582 587,582 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 685,027 685,027 |
Resources Movement expended in funds £ £ (397,437) 287,590 (397,437) 287,590 |
|---|---|---|
continued...
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Coventry ShriSidhi Vinayagar Devasthanam
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
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Coventry ShriSidhi Vinayagar Devasthanam
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| Detailed Statement of Financial Activities for the Year Ended 31 March 2025 |
||
|---|---|---|
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| General Fund | ||
| Donations | 257,648 | 64,965 |
| Archanai | 109,640 | 193,296 |
| Undiyal | 34,542 | 9,294 |
| Other activities | 401,831 | 267,554 |
| Other Sales | 6,995 | 7,826 |
| Membership | 192 | 540 |
| Investment income | 7,187 | 8,366 |
| Deposit account interest | 74 | 15 |
| Total incoming resources | 409,092 | 275,935 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Employee compensation | - | 7,146 |
| Other trading activities | ||
| Goods for puja and food | 30,673 | 61,379 |
| Social security | 751 | - |
| Other | 31,424 | 61,379 |
| Bank interest | 20,207 | 20,609 |
| Support costs | ||
| Management | ||
| Wages | 24,321 | 36,405 |
| Insurance | 3,389 | 3,344 |
| Light and heat | 14,277 | 18,849 |
| Postage and stationery | 2,040 | 2,655 |
| Repair & Maintenance | 3,314 | 10,864 |
| 47,341 | 72,117 | |
| Finance | ||
| Bank charges | 2,870 | 2,666 |
| Human resources | ||
| Service Charge - THatchanai Service Charge - | ||
| THatchanai | 8,304 | 40,262 |
This page does not form part of the statutory financial statements
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Coventry ShriSidhi Vinayagar Devasthanam
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 March 2025 | ||
| 31.3.25 | 31.3.24 | |
| £ | £ | |
| Management Cost | ||
| Motor & Travel | - | 1,136 |
| Freehold property | 64,234 | - |
| Fixtures and fittings | 5,888 | 4,511 |
| Motor vehicles | 450 | 500 |
| Governance costs | 70,572 | 6,147 |
| Auditors' remuneration work | 1,500 | 780 |
| Accountancy and legal fees | 4,113 | - |
| 5,613 | 780 | |
| Total resources expended | 186,331 | 211,106 |
| Net income | 222,761 | 64,829 |
This page does not form part of the statutory financial statements
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Coventry ShriSidhi Vinayagar Devasthanam
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Chairman's Report | 1 | to | 2 |
| Operating and Financial Review | 3 | ||
| Trustees' Report | 4 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |