2024-03-31-accounts

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Registered Charity Number 1151808

SRI THURKKAI AMMAN TEMPLE

Report and Accounts

31 March 2024

SRI THURKKAI AMMAN TEMPLE Report and Accounts

Contents

	Page
Legal and administrative information	3
Trustee’s report	4
Statement of trustee’s responsibilities	5
Independent examiner's report	6
Statement offinancial activities	7
Balance sheet	8
Notes to the accounts	9-13
Schedulestothestatementoffinancialactivities	14

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SRI THURKKAI AMMAN TEMPLE Legal and Administrative information

Chairperson Mrs Swarnalatha Janarthanan

Bankers NatWest 19 High Street Beeston Nottingham NG9 2JX

Registered office 10A West Crescent Beeston Nottingham NG9 1QE

Registered number 1151808

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SRI THURKKAI AMMAN TEMPLE

The report of the Trustees

The trustees’ present their report and accounts for the year ended 31%t March 2024.

History, objectives and activities of the Trust

The full name of the charity is Sri Thurkkai Amman Temple. The temple was formed as an unincorporated charity on 26" April 2013.

The Objects of the charity are the advancement of the Hindu religion in particular but not exclusively by the establishment and management of the Sri Thurkkai Amman Temple and the advancement of education in the Tamil language, culture and art.

• The principal activities continued to relate to the promotion and progression of Hindu Religion: e To promote Hindu Faith, It's doctrines, its scriptures and practice Hindu beliefs through assembly, workshop and discourse.

• e To establish and maintain the Temple as a holy place of worship and enrich the devotees by conducting regular customary Hindu prayers and devotional activities.

• e To advance traditional Hindu cultural activities, Religious studies and performing Arts.

• e To provide facilities and actively co-ordinate social care, social interaction, friendship and goodwill among all people in wider community.

Management and governance arrangements

The Trust shall be managed and controlled by a Board of Trustees. There be a requirement for new trustees, these would be identified and appointed by the remaining trustees. The chair of trustees is responsible for the induction of any new trustee, which involves awareness of a trustee's responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity.

The trustees annually review the risks that the charity faces. To date these have mainly related to investment management and these have been ameliorated.

Achievements and performance of the trust

• e Local school pupil visited the temple and understands about Hindu religion for their RE Studies. e Bharatanatyam classes done by professional teachers.

• e Working with local police and councilors. e Food hygiene inspection done and received rating 4 star.

Financial review, investment policy and reserves

The principal funding source was from donations at the temple by devotees, well -wishers and trustees. Devotees and trustees also provide donations through standing order by Monthly. Priests also conduct outdoor services, meeting the communities needs and community members who receive religious services make donations to the temple as a token of rewards. Tax return form gift aid also has been set up.

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Future plans

• e Create signs for not illegal parking on the road and direction of near parking areas. Start to create youth activities

• e Re decorating the entire premises. e Replacing the entire ceiling tiles e Extension of building.

Statement of Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the Board of trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the financial year in preparing those financial statements giving a true and fair view, the Board of trustees should follow best practice and: -

0 Select suitable accounting policies and then apply them consistently;

• (1) Make judgments and estimates that are reasonable and prudent:

• Oi State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;

• “] Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate.

The trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

The board of trustees approved this report on 14" March 25

Signed

f\ “a Swarnalatha Janarthanan 14th March 2025

Trustee

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SRI THURKKAI AMMAN TEMPLE Independent examiners’ report to the Trustees of Sri Thurkkai Amman Temple

We report on the accounts of the charity on Pages 7 to 14 which have been prepared in accordance with the Charities Act 2011 and with the Financial Reporting Standard for Smaller Entities issued by the Charity Commissioners for England and Wales, effective October 2000, adapted to meet the needs of unincorporated organisations, under the historical cost convention and the accounting policies set out on page 9 to 13.

Respective responsibilities of trustees and examiner

As described on page 5, the Charity’s trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. It is our responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners for England and Wales under section 145(5)(b) of the Act, whether matters have come to our attention.

Basis of independent examiners’ report

We conducted our examination in accordance with the General Directions given by the Charity Commissioners for England and Wales. An examination includes a detailed review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the accounts comply with the statement of Recommended Practice issued by the Charity Commissioners for England and Wales (effective October 2000), on a test basis, of evidence relevant to the amounts and disclosures in the accounts.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently we do not express an audit opinion on the view given by the accounts.

We planned and preformed our examination so as to satisfy ourselves that the objectives of the independent examination are achieved and before finalising the report we obtain written assurances from the trustees of all material matters.

Independent examiner’s statement

Subject to the limitations upon the scope of our work as detailed above, in connection with our examination, no matter

has come to our attention:

• 1) which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or

• 2) to which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.

Wiican

Sri Guru Ganesh Consultancy UK Ltd 23 Summer Crescent Beeston, Nottingham NG9 2GX

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SRI THURKKAI AMMAN TEMPLE

Statement of Financial Activities for the year ended 31 March 2024

		Unrestricted	Unrestricted
		Funds	Funds
		31-Mar	31-Mar
		2024	2023
	Notes	£	£
Incoming resources
Donations		97,517	132,268
Activities for generating funds		-	-
Investment income		-	-
Other incoming funds		11,873	-
Total incoming resources		109,390	132,268
Costs of raising and generating funds		-	-
Netincoming reBOUnGES available for charitable applications		109,390	132,268
Costs of activities in furtherance of
the charity’s objectives		52,537	34,950
Support costs of activities		-	-
Management and administration of
the charity		53,425	54,574
Total resources expended		105,962	89,524
Net incoming/(outgoing) resources
before revaluations and	3	3,428	42,745
Land and Buildings revaluation		-	-
Netmovement in funds		3,428	42,745
Total funds broughtforward		105,298	62,553
Totalfundscarriedforward		108,726	105,298

The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting by the Charity Commissioners for England and Wales and is reconciled to the total funds as shown in the Balance Sheet on page 8 as required by the said Statement.

All activities derive from continuing operations

The notes and schedule to the Statement of Financial Activities on pages 9 to 12 form an integral part of these accounts

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SRI THURKKA! AMMAN TEMPLE

SRI THURKKA! AMMAN TEMPLE
Balance Sheet as at 31 March 2023
	Notes		2024		2023
		£	£		£	£
Fixed assets
Tangible assets	7		12,115			15,144
Current assets
Debtors	9				-
Cash at bank and in hand		96,611			92,274
		96,611			92,274
Creditors: amounts
Falling due within one year	10		-		(2,120)
Net current assets	8		96,611		90,154
Total assets less current liabilities Creditors: amounts			1G	Fae	105,228
Falling due beyond one year
Net assets			108,726		105,298
Capital and reserves							—
Unrestricted revenue reserves			108,726		105,298
Restricted revenue reserves				-_	a	-
Accumulatedfunds			108,726		105,298

The Board of Trustees are satisfied that the organisation is not required to have an audit of the organisation by virtue of its level of turnover and by virtue of any requirement under its’ constitution or otherwise.

The Board of Trustees aiso acknowledge their responsibility for ensuring the organisation keeps proper accounting records in accordance with the requirements of the Charities act 2011 as more fully set out yfder ‘Trustees’ responsibilities’ in the report of the Trustees.

Swarnalatha Janarthanan KobahaVijayathas Trustee Trustee Approved for signature by the Trustee Board on 14"Mar 2025.

Sharmini Krishanand Trustee

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SRI THURKKAI AMMAN TEMPLE

Notes to the accounts for the year ended 31 March 2024

1. Accounting Policies

Accounts Preparation

The financial statements have been prepared in accordance with the Charities Act 2011 and with the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England and Wales, effective October 2000, adapted to meet the needs of unincorporated organisations.

The organisation has taken advantage of the exemption in Financial Reporting standard No 1 from the requirement to produce a cash flow statement.

The charity is entirely dependent on continuing donations & offerings as a consequence of the going concern.

The particular accounting policies adopted are set out below.

Accounting convention

The financial statements are prepared on a going concern basis under the historical cost convention as modified by the revaluation of freehold land and buildings and fixed asset investments.

Incoming resources

Incoming resources are accounted for on a receivable basis deferred where appropriate. Rental income is included in the income and expenditure account net of collection charges on a receivable basis.

Investment income

Bank interest is included in the income and expenditure account on a receivable basis.

Accounting for branches

United Kingdom

Ministry of Restoration has branches in Nottingham Brixton and Cardiff; these branches have no separate legal identity. Our branches are immaterially small have been consolidated into the accounts on a cash basis.

Recognition of liabilities

Liabilities are recognised on the accruals basis in accordance with normal accounting principles, modified where necessary in accordance with the guidance given in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England and Wales.

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SRI THURKKAI AMMAN TEMPLE

Notes to the accounts for the year ended 31 March 2024

Charitable expenditure

Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following:-

Costs of raising and generating funds

The cost of raising and generating funds comprises of the costs of fundraising actives.

Activities in furtherance of the charity’s objectives

The costs of activities in furtherance of the charity’s objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activities.

Management and administration

Management and administration costs represent expenditure incurred in the management of the charity's assets, organisational administration and compliance with charitable and statutory requirements.

Allocation of costs within types of resources expended

The charity’s operating costs are allocated between types of resources expended on the basis of estimates made by the trustees.

Administration expenditure includes all expenditure not directly related to direct charitable activity. In respect of certain items of expenditure it is a matter of judgement as to whether such items are direct charitable expenditure or are administrative and the trustees have applied what they consider to be reasonable judgements in apportioning such costs.

Fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation, excluding Land and buildings which is stated at its re-valued amount.

Depreciation has been provided at the following rates in order to write off the assets (less their expected residual value) over their estimated useful economic lives.

A regular annual review of the likelihood of asset impairment is undertaken.

Equipment and Plant — 20% Reducing balance

Taxation

As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the organisation and is therefore included in the relevant costs in the Statement of Financial Activities.

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SRI THURKKAI AMMAN TEMPLE Notes to the accounts for the year ended 31 March 2024

Funds structure policy

The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.

Restricted funds have been provided to the charity for particular purposes and it is the policy of the board of trustees to carefully the monitor the application of those funds in accordance with the restrictions placed upon them.

There is no formal policy on the allocation of funds to designated funds.

There is no formal policy of transfer between funds. Any proposed transfer between funds would be considered on the particular circumstances.

2. Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

3. Net incoming resources before transfers

incoming resources before transfers
	31-Mar	31-Mar
	2024	2023
	£	£
This is stated after crediting:
Offerings and donations	109,390	132,268
and after charging:
Depreciation orowned fixed assets	3,029	3,786
Independentexaminer'sfee	-	-

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SRI THURKKAI AMMAN TEMPLE Notes to the accounts for the year ended 31 March 2024

4. Tangible functional fixed assets

	Equipment
	and Plant
	£
Cost or valuation
At 1 April 2023	40,151
Additions Revaluation	-
At 31 March 2024	40,151
Depreciation
At 1 April 2023	25,007
Charge forthe Year	3,029
At 31 March 2024	28,036
Net book value
At 31 March 2024	12,115
At1March2023	15,144

All assets are used for direct charitable purposes and there are no inalienable or historic assets.

5. Analysis of assets and liabilities representing each of the charity’s funds

		Unrestricted	Designated	Restricted	Total
		Funds	Funds	Funds	Funds
At 31 March 2024
Current assets		96,611	-	-	96,611
Current liabilities		-	-	-	-
		96,611	-	-	96,611
At 31 March 2023	.
Current assets		92,274	-	-	92,274
Current liabilities		(2,120)	-	-	(2,120)
		90,154	-	-	90,154

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SRI THURKKAI AMMAN TEMPLE

Notes to the Accounts for the year ended 31 March 2024

6. Creditors: amounts falling due within one year

		2024	2024	2023
			£	£
	Bank loans and overdrafts		-	-
	Trade creditors		-	-
	Accrued expenses		-	2,122
			-	2,122
		Unrestricted	Unrestricted
		Funds		Funds
		31-Mar		31-Mar
		2024		2023
		£		£
Incoming Resources
Donations
Government Grants		-		-
Non government and non public bodies Offerings		31.092 ,		64.040 ,
Donations		66,425		51,900
Gift Aids (HMRC)		-		16,328
Total	donations received	109,390		132,268
Other	incoming resources
Food		-		=
Other	income	-		-
Total	incomingresources	109,390		132,268

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SRI THURKKAI AMMAN TEMPLE

Schedule to the Statement of Financial Activities for the year ended 31 March 2024

		Unrestricted	Unrestricted
		Funds	Funds
		31-Mar	31-Mar
		2024	2023
		£	£
Charitable expenditure
Costs of aims in furtherance of
the charities objectives
Depreciation ofassets used for charitable purpose		SHee	a, 188
Pooja Items		11,580	8,404
Salaries to Priests		28,196	17,308
Travel expenses		2,323	259
Groceries		7,409	5,193
Total costs on furthering charityaim		52,537	34,950
Premises costs
Rent payable		27,187	26,400
Rates and water		1,357	557
Light and heat		3,424	5,360
Insurance		2,255	1,431
Building maintenance		3,491	10,544
		37,714	44,292
General administrative
expenses
Telephone and Internet		806	760
Printing, postage and stationery		327	1,409
Office and Equipment expenses		2,482	2,958
Bank and credit card charges		520	536
Bank interest		-	462
Loan Interest		-	-
Sundry expenses (Donation)		53	2,203
	.	4,188	8,328
Legal and professional costs
Independent examiner fees		-	-
Professional Fees		3,773	1,954
Solicitor’s fees		7,750	-
		11,523	1,954
Totalspentonadministration		53,425	54,574

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