2022-05-31-accounts

		~ ~
		The advancement ofthe Swaminarayan denomination ofThe Hindu
		Religion for the public benefit in particular by:
		a) helping aspirants to achieve spiritual enlightenment by becoming
Summary ofthe objects ofthe		'Brahmaswarup' and serve 'Parbrahmaswarup' by reference to the
charity set	out in its	teachings of his Divine Holiness Pappajimaharaj.
governing	document	b) advancing and propagating the Swaminarayan denomination ofthe
		Hindu religion amongst its members and the wider public with particular
		reference to the teachings and pdinciples of Lord Swaminarayan and
		Gunatitanand Swami.

				Restricted
Recommended categories		by	Unrestricted	income	Endowment		Prior year
activity			funds	funds	funds	Total funds	funds
			E	8	E	E	E
Incoming resources	(Note	3)	F01	F02	F03	F04	F05
Income and endowments	from:
Donabons and legaoes			85,586			85,586	104,848
Investments			5,562			5,562	17,430
Total			91,148			91,148	122,278
Resources expended	(Note 4)
Expenditure on:
Raising funds			29,270			29,270	14,523
Chantable activities			19.696			19,696	14,940
Sr -ate material item of expense
Oti r			4,107			4,107	34,049
Total			53,073			53,073	63,512
Net income/(expenditure)		before investment
gains/(losses)			38,075			38,075	58,766
Net gams/(losses) on investments
Net income/(expenditure)			38,075			38,075	58,766
Net movementin funds			38,075			38,075	58,766
Reconciliation offunds:
Total funds brought forward			433210			433,210	374,444
Total funds carried forward			471 285			471,285	433,210

						Restricted
					Unrestricted	income	Endowment		Total this	Total last
					funds	funds	funds		year	year
					E	E	E		E	E
Fixed assets					F01	F02	F03		F04	F05
Tangible assets			(Note 6)		3,317				3,317	2,938
			Total	fixed assets	3,317				3,317	2,938
Current assets
Debtors			(Note 7)		250,000				250 000
Cash at bank and		in	hand	(Note 9)	221,534				221,534	433,247
		Total current assets			471,534				471,534	433,247
Creditors: amounts			falling due within
one year	(Note 8)				3,568				3,568	2,975
Net current			assetsl(liabilities)		467,966				467,966	430,27
Total assets	less current liabilities				47, 3				47,283	433,210
Total net assets	or liabilities				471,283				471,283	433,210
Funds ofthe	Charity
Unrestricted funds					471,285				471 285	433210
				Total funds	471,285				471,285	433,210
Signed by one or lwo the trustees		trustees		on behalt of all	Signature			Print	Name	Date of approval
										dd/mm/
							Miss Shila Po at			25/01/2023
							Dr	Naina Visani		25/01/2023

Note 2				Accounting policies
2.2 INCOME
This standard		Irsl o(accouriring notices has been applied uy the chaniy excepl lor those licked 'luo" or "Nyet Where e
differen oraddinonel			policy	has been adopted Ihen this is deraileu in the box below
Recognition	of income			These are included in the Statement ol Finsnoal Activities fSol=Ai wlien
				the chanty becomes enutled to Ihe resources;
				if is more hkely than nol that Ihe trustees witl receive the resources, and	Yes	No	N,a
				~ the monetary value can be measured with sufkoent reliability.
				There has been no oftsetting of assets and liabikties or income and expenses. unless required	o, Yee	NO	N:e
Offsetting				Permitted by the FRS I02 SORP or FRS 102.
					Yes	No	Na
				Grants and donations are only included in the SQFA when the general income
Grants and	donations			recognition cntens are met (5.10to 5 12FRS102SORP)
				In the case of performance related grants, income must only be recognised to the extent	Yes	No	Nis
				that Ihe chanty has provided the specified goods or services as entitlement to tire grant
				only occurs when the performance related conditions are met (5 16FRS 102SORPI
Legacies				Legacies are included in the SOFA when receipt is probable. that is, when there has
				been grant of probate, the executors have established that there are sufhcient assets ui
				the estate and any conditions attached lo the legacy are either within the control of Ihe
				chanly or have been met
Government		grants		The chanty has received government grants in the reporting period
				Gift Aid receivable is included in income when there isa valid declaration from the
Tex reclaims		on		donor. Any Gitt Aid amount recovered on a donation is considered lo be pan of Ihsl gift
donations	and gifts			end is Irealed as an addition lo the same fund as the initial donation unless the donor or the terms of the appeal have spemfied otherwise
contractual	income		and	This is onty mcluded in the SoFA once tire chanty hss provided the related goods or
performance		related		services or met the performance related conditions
grants
Donated goods				Donated goods are measured at fair value fthe amount for whicli the asset could be exchanged) unless impractical to do so
				The cost of any stock of goods donated for dwlnbution to benefimanes is deemed to be
				the fair value of those gifts at Ihe lime of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at tfie carrying amount ol Ihe stocks at drstnbution.	CCC3
				Donated goods for resale are measured al fair value on initial recognition which is the
				expected proceeds from sale less the expected costs ot sale, and recognised in 'Income
				from ottier trading actwities' with the corresporiding stock recognised in the balance sheet On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds Irom sale are also recog meed as 'Income from other trading activities'.	QTl
				Goods donated for on-going use by the chanly are recognised as tangible hxed assets
				and mcluded in the SoFA as incoming resources when receivable
				Gifts in kind for use by the chanty are included in lhe SoFA as income from donations
				when receivable
Donated services and				Donated services snd facilities are mcluded in the SOFA when received at the vatue of
facilities				the gift lo the chaiity provided the value of Ihe gilt can be measured rehably.
				Donated services and laohties Ihat are consumed immediately are recognised as	Yes	No	N'a
				income with aii equivalent amount recognised as an expense under the sppropnate
				heading m the SOFA
Support costs				The ctianly hss incurred expenditure on support costs
Volunteer	help			The value of any voluntary help received is not included in Ihe accounts bul is descnbed in the trustees annual report.	Yes	No	N:e v'
					es	No	N:a
Income from		interest,		This is included in the accounts when receipt is probable and the amount receivable can
royalties snd dividends				be measured reliably
Income from		membership		Membership subscnplions received in the nature ot a gift are recognised in Donations
subscriptions				snd Legsmes
				Membership subscnptions which qives a member Ihe riqhl lo buv services or oltier

					benefits are recognised as income earned lrom ttia provision of goods and services as
					income from charitable activities.
Senlement claims		of insurance			Insurance claims are only included in the SoFA when the general mcome recognition cditeria are met f5 10to 5.12FRS102SORPi and are included as an item of other
					income in the SoFA.
Investmenl gains and losses 2.3 EXPENDITURE					Ttiis includes any realised or unrealised gains ar losses on the safe of investments and any gain or loss resulting fram revaluing investments to market value at the end of the year. AND LIABILITIES		CDZ
Liability reCOgnigOn					Liabilities are recognised where it is mare likely than not that there is a legal or		Yes	No	Nia
					constructive obligation cammittmg the chanty la pay out resources and Ihe amount ol Ihe
					obligarion can be measured with reasonable certainty.
overnance			and support		pport costs have been allocated between governance costs and other support Goveinance costs compnse ag costs involving public accountability af the chanty and its compliance with regulation and good practice		es No Nia 7 ccEI
					Support costs include central functions and have been asocated ta activity cost		Yes	No	Na
					categones on a basis consistent with the use of resources. eg allocating property costs by floor areas, or per capita, staff costs by the bme spent and other costs by their usage.				v'
Grants with		performance			Where the chanty gives a grant with conditions for its paymenl being aspeafic level of service or output lo be provided, such grants are only recognised in Ihe SoFA ance ttte rempient al the grant has provided the speofied service or output		No NaG lZZ7
Grants payable without performance conditions					Where there are no conditions attaching lo the grant that enables the donor chanty lo realisticasy avoid ttie commitment, a liability for the full funding obligalion must be recognised.		Yes	No	Na
Redundancy			cost		The chanty made na redundancy payments dunng the reporung penod.		Yes	Na	Na
Deferred income					No matenal item af deferred income has been included in Ihe accounts.		Yes	No	Na
Creditors Provisions		for liabilities			Ttie chanty has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition a!ils historical cost and then subsequently measured at the best estimate of the amount required ta settle the obkgation at the		CCCI Yes No Nia
					reporting date
Basic financial instruments					The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7FRS102SORP Subsequent measurement is as per paragraphs 11 17 ta 11.19,FRS102SORP		Yes	Na	Na
2.4ASSETS
Tangible fixed assets for					These are capitalised if they can be used for more Ihan one year and cost at least
use by charily							Yes	No	Nia
					Ttiey are valued at cost
					The depreoatron rates and methods used are disclosed in note 9 2.
Intangible	fixed			assets	The charity has intangible fixed assets, that is, non-monetary assets that da nal have		Yes	Na	N:a
					physical substance but are identifiable and are controlled by Ihe charity through custody
					or legal rights. The amorlrsalion rates and methods used are disclosed in note 9.5				v'
								No	Nia
					They are valued at cost
heritage assets					The chanty has hentage assets. that is, non-monetary assets with historic, a»istic,
					saentific, technological, geophysical or environmeraal qualities that are held and
					maintained principagy for their contribution to knowledge and culture The deprecation
					rates and methods used as disclosed in note 96 I 4.
							Yes	No	N'a
					They are valued at cost.
Investments					Fixed asset investments in quoted shares. traded bonds and similar invesunenls are
					valued al initially at cast and subseqirently at fair value ttheir market value) at the year
					end. The same Ireatment is applied lo unlisted mvestments unless fair value cannot be
					measured reliably in which case it is measured at cost less impairment
					Investments held for resale or pendmg their sale and cash and cash equivalents with a matunty date of less than I year are treated as current asset investmenls		CCC7
Stocks ahd		work ih			Stacks held for sale as part ol non. charitable trarie are measured at the lower or cost or nel
progress					realisable value.
					Goads or services provided as part ol a cha»table activity are measured at net realisable	value
					based on the service potential provided by items of stock.

						Restricted
					Unrestricted	income	Endowment
					funds	funds	funds	Total funds	Prior year
			Anal sis					E	E
Donations	Donations	and	ifis		72,233			72,233	90,743
and legacies:	Gift Aid				13,353			13 353	14,105
	Le acies
				Total	85,586			85,586	104,848
Income from	Interest income				5562			5,562	17430
investments:	Dividend	income
				Total	5,562			5,562	17,430
TOTAL INCOME					91,148			91,148	122,278

				Unrestricted		unrestricted
	Analysis			funds	Toter funds	funds	Toter funds
Expenditure	on raising	funds:			2		2
Staging fundraising events				5399	5399	128		128
Other trading	actinnties			15.866	15.866	7.126	7,	126
Rent collection, property		repairs and
maintenance	charges			8005	8,005	7269	7	269
Total expenditure on raising funds				29,270	29,270	14,523	14,523
Expenditure	on charitable		activities:
Travelling				7357	7357	3181	3	181
Premises costs				7.678	7.678	7,270	7,270
Insurance				4,536	4.536	4,384	4,384
Bank charges				125	125	'I05		105
Total expenditure on charitable
activities				19,696	19696	14,940	14	940
Other
Accountanc				3,568	3568	2,980	2	980
De reciation				539	539	538		538
Donations						30.531	30,531
Total other expenditure				4,107	4,107	34,049	34,049
TOTAL EXPENDITURE				53,073	53,.073	63.512	63,512

					Fixtures, fittings	Total
					and equipment
At the beginning		of the year			5,390	5,390
Additions					918	918
At end of the	year				6,308	6,308
6.2 Depreciation		and impairments
				**Basis	SL	SL or RB
				**Rate	10'I
At beginning	of the year				2,452	2,452
Depreciation					539	539
At end of the	year				2,991	2,991
6.3 Net book	value
Net book value at		the beginning	of the	year	2,938	2,938
Net book value at		the end of the	year		3,317	3,317

2022	2021
250,000
250,000

Amounts	falling due
within	one year
2022	2021
3,568	2,975
3,568	2,975

2022	2021
221,534	433,247
221,534	433,247