| Page | ||||
|---|---|---|---|---|
| Trustees' annual report (incorporating the |
director's | report) | ||
| Independent examiner's report |
to the trustees | |||
| Statement offinancial activities |
(including | income and | ||
| expenditure account) |
||||
| Statement offinancial position |
||||
| Notes to the financial statements | ||||
| The following pages do not form part ofthe financial statements |
||||
| Detailed statement offinancial |
activities | 20 | ||
| Notes to the detailed statement | offinancial | activities | 21 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| Fixed assets | |||||||
| Tangible fixed assets | 15 | 354,398 | 311,605 | ||||
| Investments | 16 | 460,000 | 460,000 | ||||
| 814,398 | 771,605 | ||||||
| Current assets | |||||||
| Debtors | 17 | 12,880 | 9,809 | ||||
| Cash at bank and | in | hand | 67,242 | 89,839 | |||
| 80,122 | 99,648 | ||||||
| Creditors: amounts | falling | due within one year | 18 | 46,837 | 35,200 | ||
| Net current assets | 33,285 | 64,448 | |||||
| Total assets less | current | liabilities | 847,683 | 836,053 | |||
| Creditors: amounts | falling | due after more than | |||||
| one year | 19 | 302,799 | 331,581 | ||||
| Net assets | 544,884 | 504,472 | |||||
| Funds ofthe charity | |||||||
| Unrestricted funds |
544,884 | 504,472 | |||||
| Total charity funds | 21 | 544,884 | 504,472 |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | K | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 57,853 | 57,853 | 77,103 | ||
| Rental property income |
6 | 56,822 | 56,822 | 63,884 | ||
| Total income | 114,675 | 114,675 | 140,987 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Rental property costs Expenditure on charitable |
activities | 7 8,9 |
19,644 54,619 |
19,644 54,619 |
15,571 41,022 |
|
| Total expenditure | 74,263 | 74,263 | 56,593 | |||
| Net income and net movement | in funds | 40,412 | 40,412 | ' 84,394 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
504,472 | 504,472 | 420,078 | |||
| Total funds carried forward | 544,884 | 544,884 | 504,472 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2022 f |
Funds F |
2021 | ||||||
| Donations | |||||||||
| Donations | 45,981 | 45,981 | 34,497 | 34,497 | |||||
| Charitable | events | 11,872 | 11,872 | 17,606 | 17,606 | ||||
| Grants | |||||||||
| Government | grant income | 25,000 | 25,000 | ||||||
| 57,853 | 57,853 | 77,103 | 77,103 | ||||||
| 6. | Rental property | income | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| F | |||||||||
| Income from | investment | properties | 56,822 | 56,822 | 63,884 | 63,884 | |||
| 7. | Rental property | costs | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2022 | Funds | 2021 | ||||||
| Repairs and | maintenance | 6,130 | 6,130 | 4,308 | 4,308 | ||||
| Utilities recharged | to tenants | 9,055 | 9,055 | 6,574 | 6,574 | ||||
| Mortgage | interest | 4,459 | 4,459 | 4,689 | 4,589 | ||||
| 19,644 | 19,644 | 15,571 | 15,571 |
| Expenditur | e on charitable activities |
by fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| F | F. | F | E | ||
| Supporting | Sant Zora Singh Lopon | ||||
| Charitable | Trust | 51,068 | 51,068 | 37,243 | 37,243 |
| Support costs | 3,551 | 3,551 | 3,779 | 3,779 | |
| 54,619 | 54,619 | 41,022 | 41,022 |
| Expenditur | e on charitable activities |
by activity type | |||
|---|---|---|---|---|---|
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2022 | 2021 | ||
| F | F | F | F | ||
| Supporting | Sant Zora Singh Lopon | ||||
| Charitable | Trust | 51,068 | 51,068 | 37,243 | |
| Governance | costs | 3,551 | 3,551 | 3,779 | |
| 51,068 | 3,551 | 54,619 | 41,022 |
| 10. | Analysis of | support cos | ts | ||||
|---|---|---|---|---|---|---|---|
| Supporting | |||||||
| Sant Zora | |||||||
| Singh Lopon | |||||||
| Charitable | |||||||
| Trust | Total 2022 | Total 2021 | |||||
| F | |||||||
| Governance | costs | 358 | 358 | 279 | |||
| Independent | examiners fee | 3,193 | 3,193 | 3,500 | |||
| 3,551 | 3,551 | 3,779 | |||||
| 11. | Net income | ||||||
| Net income is stated after | charging/(crediting): | ||||||
| 2022 | 2021 | ||||||
| E | F | ||||||
| Depreciation | oftangible fixed assets | 5,474 | 766 | ||||
| 12. | Independent. | examination | fees | ||||
| 2022 | 2021 | ||||||
| F. | |||||||
| Fees payable to the independent Independent examination ofthe |
examiner for: financial statements |
3,193 | 3,500 |
| The total staff costs and employee | benefits for the reporting | period are analysed as | follows: |
|---|---|---|---|
| 2022 | 2021 | ||
| Number ofstaff - trustees | nil | nil |
| No charity expenses have been Tangible fixed assets |
incurred by the trustees. |
|||
|---|---|---|---|---|
| Land and | Motor | |||
| buildingsf | vehicles | Equipment | Total | |
| Cost | ||||
| At 1 April 2021 | 315,527 | 14,137 | 329,664 | |
| Additions | 42,567 | 5,700 | 48,267 | |
| At 31 March 2022 | 358,094 | 5,700 | 14,137 | 377,931 |
| Depreciation | ||||
| At 1 April 2021 | 9,728 | 8,331 | 18,059 | |
| Charge for the year | 2,279 | 1,881 | 1,314 | 5,474 |
| At 31 March 2022 | 12,007 | 1,881 | 9,645 | 23,533 |
| Carrying amount At 31 March 2022 |
346,087 | 3,819 | 4,492 | 354,398 |
| At 31 March 2021 | 305,799 | 5,806 | 311,605 |
| Investments | |
|---|---|
| Investment | |
| properties | |
| E | |
| Cost or valuation | |
| At 1 April 2021 and 31 March 2022 | 460,000 |
| Impairment | |
| At 1 April 2021 and 31 March 2022 | |
| Carrying amount |
|
| At 31 March 2022 | 460,000 |
| At 31 March 2021 | 460,000 |
| 17. | Debtors | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Prepayments and accrued income |
12,880 | 9,809 | ||
| 18. | Creditors: amounts | falling due within one year | ||
| 2022 | 2021 | |||
| f | ||||
| Bank loans and overdrafts | 28,000 | 27,000 | ||
| Payments received on account |
4,898 | |||
| Accruals and deferred | income | 9,439 | 3,700 | |
| Rental deposits | 4,500 | 4,500 | ||
| 46,837 | 35,200 | |||
| 19. | Creditors: amounts | falling due after more than one year | ||
| 2022 | 2021 | |||
| Bank loans and overdrafts | 302,799 | 331,581 |
| At | |||||||
|---|---|---|---|---|---|---|---|
| At | 31 March | 20 | |||||
| 1 | April 2021 | Income | Expenditure | 22 | |||
| F | F | E | |||||
| General | funds | 504,472 | 114,675 | (74,263) | 544,884 | ||
| At | |||||||
| At | 31 March | 20 | |||||
| 1 | April 2020 | Income | Expenditure | 21 | |||
| F | |||||||
| General | funds | 420,078 | 140,987 | (56,593) | 504,472 |
| Analysis of net as | se | ts between funds | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | |||
| Funds | 2022 | |||
| E | f. | |||
| Tangible fixed assets | 354,398 | 354,398 | ||
| Investments | 460,000 | 460,000 | ||
| Current assets | 80,122 | 80,122 | ||
| Creditors less than | 1 | year | (46,837) | (46,837) |
| Creditors greater than | 1 year | (302,799) | (302,799) | |
| Net assets | 544,884 | 544,884 | ||
| Unrestricted | Total Funds | |||
| Funds | 2021 | |||
| Tangible fixed assets | 311,605 | 311,605 | ||
| Investments | 460,000 | 460,000 | ||
| Current assets | 99,648 | 99,648 | ||
| Creditors less than | 1 | year | (35,200) | (35,200) |
| Creditors greater than | 1 year | (331,581) | (331,581) | |
| Net assets | 504,472 | 504,472 |
| 2022 | 2021 | ||
|---|---|---|---|
| F | |||
| Income and endowments | |||
| Donations and legacies Donations |
45,981 | 34,497 | |
| Charitable events |
11,872 | 17,606 | |
| Government grant income |
25,000 | ||
| 57,853 | 77,103 | ||
| Rental property income Income from investment properties |
56,822 | 63,884 | |
| Total income | 114,675 | 140,987 | |
| Expenditure | |||
| Rental property costs Repairs and maintenance |
6,130 | 4,308 | |
| Utilities recharged to tenants |
9,055 | 6,574 | |
| Mortgage interest |
4,459 | 4,689 | |
| 19,644 | 15,571 | ||
| Expenditure on charitable |
activities | ||
| Purchases | 8,225 | 5,345 | |
| Rates and water | 836 | 881 | |
| Light and heat | 15,985 | 1,093 | |
| Repairs and maintenance | 5,046 | 11,993 | |
| Insurance | 3,817 | 3,467 | |
| Motor vehicle expenses Legal and professional fees |
1,919 3,193 |
3,500 | |
| Other office costs | 657 | 883 | |
| Depreciation | 5,474 | 766 | |
| Other interest payable and similar charges Properly planning and financing fees |
358 9,309 |
279 12,815 |
|
| 54,619 | 41,022 | ||
| Total expenditure | 74,263 | 56,593 | |
| Net income | 40,412 | 84,394 |
| Year ended | 31 March 202 | 2 | |||
|---|---|---|---|---|---|
| 2022f | 2021 | ||||
| Expenditure on charitable |
activities | ||||
| Supporting Sant Zora |
Singh Lopon Charitable | Trust | |||
| Activities undertaken | directly | ||||
| Purchases | 8,225 | 5,345 | |||
| Rates 8 water | 836 | 881 | |||
| Light 8 heat | 15,985 | 1,093 | |||
| Repairs 8 maintenance Insurance |
5,046 3,617 |
11,993 3,467 |
|||
| Motor and travel expenses | 1,919 | ||||
| Other office costs | 657 | 883 | |||
| Depreciation | 5,474 | 766 | |||
| Property planning and |
financing fees | 9,309 | 12,815 | ||
| 51,068 | 37,243 | ||||
| Governance costs | |||||
| Accountancy fees |
3,'l93 | 3,500 | |||
| Other finance costs | 358 | 279 | |||
| 3,551 | 3,779 | ||||
| Expenditure on charitable |
activities | 54,619 | 41,022 |