Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year 01 02 2020 To 28 02 2021
From
To
Section A Reference and administration details
Charity name Liverpool Ganesh Trust Liverpool Ltd Other names charity is known by Registered charity number (if any) 1147647 Charity's principal address Delfby Crescent Resource Centre Delfby Crescent, Kirkby Liverpool Postcode L32 8TN
Names of the charity trustees who manage the charity
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Vijayarani
1
Sureshkumar
Sureshkumar
2
Thangaraj
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
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March 2012
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1
Names and addresses of advisers (Optional information)
Type of adviser Name Address
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Desc
Type of governing document
Constitution
(eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association, company)
Trustee selection methods
Appointed
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
policies and procedures adopted for the induction and training of trustees;
-
the char organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
t major risks and the system and procedures to manage them.
Section C Objectives and activities
Summary of the objects of the charity set out in its governing document
To provide a Hindu place of worship and a forum for scholarly discussions of the Hindu philosophy. To conduct and sponsor religious, spiritual, charitable, educational, social and cultural activities for the benefit of the Hindu community. To preserve and embellish Hindu traditions, cultural heritage,and to teach its younger members the history and development of the Hindu philosophy and religion.
March 2012
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2
The charity has undertaken fundraising events to enable the development of the temple and provision of scholarly support, has provided educational and cultural support to the Hindu community in the Liverpool area with special emphasis on social and spiritual support.
Many of the above activities have been restricted due to Covid.
Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
Trustees abide by the Charity s objectives in all matters relating to its constitution.
You may choose to include further statements, where relevant, about:
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
March 2012
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Section D Achievements and performance
The charity has continued with the development of the temple and has Summary of the main provided educational and cultural support to the Hindu community in the achievements of the charity Liverpool area with special emphasis on social and spiritual support. during the year
March 2012
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4
Section E Financial review
The charity maintains reserves sufficient to cover the cashflow needs.
Brief statement of the
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
The charity s main form of fund raising is from the holding of events to raise money and the continued regular support of the temple attendees.
the chari pal The fundraising has continued to develop the facilities of the temple and sources of funds (including pay for religious scholars to provide spiritual support. any fundraising); All monies raised are invested in the temple and religious scholars. how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
Signed
ees
Signature(s)
Full name(s) Vijayarani Sureshkumar
Position (eg Secretary, Chair, Trustee etc) Date
March 2012
TAR
5
Charity registration No. 1147647
LIVERPOOL GANESH TRUST LTD TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR 1 MARCH 2020 TO 28 FEBRUARY 2021
Liverpool Ganesh Trust Ltd Trustees Annual Report and Financial Statements For The Year Ended 28 February 2021
Contents
| Contents | |
|---|---|
| Page | |
| T | 3-5 |
| Independent Examiners Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9-10 |
Liverpool Ganesh Trust Ltd Legal and Administrative Information For The Year Ended 28 February 2021
| Charity Number | 1147647 |
|---|---|
| Trustees | Vijayarani Sureshkumar |
| Sureshkumar Thangaraj | |
| Mathiniraiselvan Pradeesh | |
| Registered Office | Delfby Crescent Resource Centre |
| Delfby Crescent | |
| Kirkby | |
| Liverpool | |
| L32 8TN | |
| Independent Examiner | Graham Swann FFA FIPA |
| Swann Accountants Ltd | |
| Incorporated Financial Accountants | |
| 19a Mackets Lane | |
| Halewood | |
| Liverpool | |
| L25 0LQ |
Page 3
Liverpool Ganesh Trust Ltd Charity No. 1147647 Trustees Report For The Year Ended 28 February 2021
The Trustees presents their annual report and the financial statements for the period ending 28 February 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable for accounting periods commencing from 1 January 2016.
Governing Document
Liverpool Ganesh Trust Ltd is a Charitable Incorporated Organisation, registered with the Charity Commission, governed by its constitution. The CIO was registered on 9 February 2011.
Objectives and activities
The purposes of the charity is to provide a Hindu place of worship and a forum for scholarly discussions of the Hindu philosophy. To conduct and sponsor religious, spiritual, charitable, educational, social and cultural activities for the benefit of the Hindu community. To preserve and embellish Hindu traditions, cultural heritage and to teach its younger members the history and development of the Hindu philosophy and religion. The trustees abide by charity objectives to accept or decline funding applications.
Achievements and performance
main form of fund raising is from the holding of events to raise money and the continued regular support of the temple attendees.
The period 1 March 2020 to 28 February 2021 proved a challenging year for the charity in being able to build and sustain funds due to the impact of the Covid-19 pandemic. The charity was unable to proceed with key fundraising activities. However, our communities continued to support the charity through donations.
When permitted by Covid regulations the charity continued to provide educational and cultural support to the Hindu community in the Liverpool area with special emphasis on social and spiritual support.
Financial Review
The trustees are satisfied with reserves for 2020/21. The charity maintains reserves sufficient to cover cashflow needs. As the impact of the pandemic lessens, we will continue to work to promote the charity and build funds to retain a positive position.
Page 4
Liverpool Ganesh Trust Ltd Charity No. 1147647 Trustees Report For The Year Ended 28 February 2021
Statement of Trustees Responsibilities
The Trustees are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these accounts, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Statement of Recommended Practice Accounting and Reporting by Charities, issued in March 2005;
make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
26 February 2022.
Vijayarani Sureshkumar Trustee
Page 5
Liverpool Ganesh Trust Ltd Independent Examiners Report For The Period Ended 28 February 2021
Liverpool Ganesh Trust Ltd
I report to the trustees on my examination of the accounts of the charity for the period ended 28 February 2021.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible 5 of the Directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the
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.
28 February 2021
Graham Swann FFA FIPA Swann Accountants Ltd Incorporated Financial Accountants 16a Mackets Lane Liverpool L25 0LQ
Page 6
Liverpool Ganesh Trust Ltd Statement of Financial Activities For The Year ended 28 February 2021
| Notes Income Income and endowments from: Donations and legacies Total Expenditure Expenditure on: Raising funds Charitable activities Total Net income Reconciliation of funds: Total funds brought forward Total funds carried forward |
2021 2021 Unrestricted funds Restricted income funds £ £ 51,343 - 51,343 - - 45,875 - 45,875 - 5,468 - (7,951) - (2,483) - |
2021 2020 Total funds Prior year funds £ £ 51,343 102,699 |
|---|---|---|
| 51,343 102699 |
||
| 22054 45,875 73639 45,875 95,693 |
||
| 5,468 - ______ 7,006 (7,951) (14,957) (2,483) (7,951) |
The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities.
Page 7
Liverpool Ganesh Trust Ltd Balance Sheet As at 28 February 2021
| Fixed Assets Tangible Assets Current assets Cash at bank and in hand Total current assets Creditors: amounts falling due within one year Net current assets/(liabilities) Total assets less current liabilities Total net assets or liabilities Funds of the Charity Restricted income funds Unrestricted funds Total funds |
2021 2021 Unrestricted funds Restricted income funds £ £ 1 16,265 - 16,265 - 18,749 - (2,484) - |
2021 Total for period £ 1 5,554 5,554 13,506 (7,952) |
|---|---|---|
| (2,483) - (2,483) - - - (2,483) (2,483) - |
(7,951) | |
| (7,951) | ||
| - (7,951) (7,951) |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
The financial statements were approved by The Trustees on 26 February 2021
Vijayarani Sureshkumar
Trustee
Page 8
Liverpool Ganesh Trust Ltd Notes to the Financial Statements For The Period Ended 28 February 2021
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
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 Ire periods commencing from 1 January 2016). The CIO is a public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the CIO. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Going Concern
At the time of approving the financial statements, the Trustees has a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3. Income
Income is recognised when the CIO is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the CIO has been notified of the donation, unless performance conditions require deferral of the amount.
1.4 Taxation
The charity is exempt from Corporation Tax on its charitable activities.
2. Expenditure
| Analysis Expenditure on raising funds: |
Unrestricted funds Restricted income funds - - - - |
Total funds £ |
|---|---|---|
| Staging fundraising events Total expenditure on raising funds |
- - |
3. Charitable activities
| Expenditure on charitable activities: Charitable donations Total expenditure on charitable activities |
Unrestricted funds Restricted income funds 45,875 - 45,875 - |
Total funds 45,875 45,875 |
|---|---|---|
Page 9
Liverpool Ganesh Trust Ltd Notes to the Financial Statements For The Period Ended 28 February 2021
4. Trustees Remuneration and Benefits
There
year ended 28 February 2021
year ended 28 February 2021.
4
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Liverpool Ganesh Trust
Charity Number - 1147647
Independent Examiners Report
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the
-
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.
26 February 2022
Graham Swann FFA FIPA Swann Accountants Ltd Incorporated Financial Accountants 16a Mackets Lane Liverpool L25 0LQ