## ## ## ## ## ## |||~ ~| |---|---|---| |||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| ## ## ## ## ## ##