JAGANNATH HALL ALUMNI ASSOCIATION UK
Report and Accounts
For the year ended 31 December 2020
Registered Charity No: 1152133
JAGANNATH HALL ALUMNI ASSOCIATION UK Report and accounts Contents
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Report of the Independent examiners | 2 |
| Statement of Financial Activities | 3 |
| Balance sheet | 4 |
| Notes to the Financial Statements | 5 |
| Detailed Statement of Financial Activities | 6 |
JAGANNATH HALL ALUMNI ASSOCIATION UK
Report of the Trustees for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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 2015).
OBJECTIVES AND ACTIVITIES
Organise social activities for children and adults,
To promote and enables members and their families in participating and contributing to the Bengali culture, heritage, music and other educational and charitable activities to the wider community,
Providing a local group that encourages and enables members of the Hindu-Bengali community to participate more effectively with the wider community, Advancing education and providing opportunities for members of the Hindu-Bengali community to better integrate in their community in the UK etc.
Registered Charity No: 1152133
Registered office
Sterling House Suite 310E East Wing Loughton IG10 3TS
Trustees
The following individuals served as trustees during the year:
Mr Adhir Ranjan Das Mr Krishna Dhan Saha Mr Sukumar Saha Mr Ajit Kumar Saha Mr Mihir Knati Sarkar Mr Swapan Nandi Mr Tapan Kumar Saha Mr Dhirendra Nath Halder Mr Monoj Kumar Talukder Mr Uttam Kumar Dey Mr Kamol Chandra Saha Mr Shyamal Modak Mr Rakhal Saha Mr Ratan Das Mr Babu Majumder Mr Sanjoy Kumar Ghosh Mr Milton Saha Mr Jyotirmoy Saha Mr Bivash Biswash Mr Shyamal Roy Mr Kamolesh Halder Mr Sanjib Saha
TRUSTEES RESPONSIBILITY STATEMENT
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent.
Approved by order of the board of trustees on 12 June 2021 and signed on its behalf by:
Monoj Talukder Chair Board of Trustee
Page 1
Independent Examiner's report to the Trustees of JAGANNATH HALL ALUMNI ASSOCIATION UK
Independent examiner's report to the trustees of Jagannath Hall Alumni Association UK
I report to the charity trustees on my examination of the accounts of Jagannath Hall Alumni Association UK for the year ended 31 December 2020.
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
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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
Babu Majumder FCCA For & on behalf of RRB Accountants Chartered Certified Accountants 101 Whitechapel High Street Aldgate London E1 7RA
Date : ………………………………………..
Page 2
JAGANNATH HALL ALUMNI ASSOCIATION UK Statement of Financial Activities for the Year Ended 31 December 2020
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations | 3 | 18,938 | 10,175 | 29,113 | 22,908 |
| EXPENDITURE ON | |||||
| Charitable activities | |||||
| Donations paid | 4,366 | - | 4,366 | 2,135 | |
| Social & cultural activities | 12,099 | 3,030 | 15,129 | 10,544 | |
| Other | 3,219 | 3,219 | 3,315 | ||
| Total | 19,684 | 3,030 | 22,714 | 15,994 | |
| NET INCOME / (EXPENDITURE) | (746) | 7,145 | 6,399 | 6,914 | |
| RECONCILITION OF FUNDS | |||||
| Total funds brought forward | 2,538 | 6735 | 9,273 | 2,359 | |
| TOTAL FUNDS CARRIED FORWARD | 1,792 | 13,880 | 15,672 | 9,273 |
Page 3
JAGANNATH HALL ALUMNI ASSOCIATION UK
Balance Sheet As at 31 December 2020
| Notes Current assets Membership fees receivable Cash at bank and in hand Creditors: amounts falling due within one year 2 Net current assets Net assets Funds 5 Unrestricted funds Restricted funds Total funds |
2020 2019 £ £ 1,955 - 16,043 11,626 17,998 11,626 (2,326) (2,353) 15,672 9,273 15,672 9,273 1,792 2,538 13,880 6,735 15,672 9,273 |
|---|---|
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.
The financial statements were approved by the board of trustees on 12 June 2021 and were signed on its behalf by
Monoj Talukder Chair Board of Trustees
Page 4
JAGANNATH HALL ALUMNI ASSOCIATION UK Notes to the Financial Statements for the Year Ended 31 December 2020
1 Accounting policies
Basis of preparation
The financial statements of the charitable company, 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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. 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.
Taxation
The charity is exempt from corporation 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.
| 2 Creditors: amounts falling due within one year Other creditors |
2020 £ 2,326 2,326 |
2019 £ 2,353 |
|---|---|---|
| 2,353 |
| 3 Income & Endowments Income from donationtions Donation Receipts City Bridge Trust Total Incoming resources 4 Movement in funds Unrestricted funds Donation Receipts Total Restricted funds City Bridge T & National Lottery Total 5 Fund as at 01 Jan 2020 b/f Net Movement during the year Fund as at 31 Dec 2020 c/f |
Unrestricted 18,938 - 18,938 Incoming resources £ 18,938 18,938 10,175 10,175 Unrestricted £ 2,538 (746) 1,792 |
Restricted 10,175 10,175 Resources expended £ (19,684) (19,684) (3,030) (3,030) Restricted £ 6,735 7,145 13,880 |
2020 £ Total 18,938 10,175 29,113 |
|---|---|---|---|
| Movement in funds £ (746) (746) |
|||
| 7,145 7,145 |
|||
| Total £ 9,273 6,399 15,672 |
Page 5
JAGANNATH HALL ALUMNI ASSOCIATION UK Detailed Statement of Financial Activities for the Year Ended 31 December 2020
| INCOME AND ENDOWMENTS Donations Total Incoming resources EXPENDITURE Charitable activities Donations paid Support Cost Food & Dinner Raffle Draw & Gifts Social & Cultural Activities Decorations and Banners Venue Hire Cost Premises costs: Storage Other Stationery and Printing Insurance Web & Domain Printing & Publications Legal & professional Advertising and PR Other Legal & Professional |
2020 £ 29,113 29,113 4,366 4,366 3,296 - 10,840 785 208 15,129 300 300 489 - 500 - 989 200 1,730 1,930 3,219 |
2019 £ 22,908 |
|---|---|---|
| 22,908 | ||
| 2,135 | ||
| 2,135 | ||
| 5,035 163 1,430 897 3,019 |
||
| 10,544 | ||
| - | ||
| - | ||
| 248 197 - 475 |
||
| 920 | ||
| 270 2,125 |
||
| 2,395 | ||
| 3,315 |
Page 6