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2020-12-31-accounts

Charity Registration number: 1156809

Southeast Regional Tamudhee London

Trustees Report and Financial statements

for the year ended 31 December 2020

Southeast Regional Tamudhee London

Charity information

Chairperson Hira Prasad Gurung Secretary Damar Gurung Treasurer Kamala Gurung Charity number 1156809 Registered office 60 Panfield Road Abbeywood London SE2 9DQ Reporting Accountants Rabi Rimal HB & Co, T/A Tax Platform Chartered Certified Accountants 9-11 Gunnery House London, SE18 6SW Bankers Barclays Bank

Southeast Regional Tamudhee London

Contents

Page
Report of the Board of Trustees 4-5
Independent Examiner’s report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9-10

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Southeast Regional Tamudhee London

Report of the Board of Trustees

The board of trustees present their report and the financial statements for the year ended 31 December 2020

Principal objective

THE OBJECTIVES OF THE ORGANISATION ARE:

Activities carried out during the reporting period

  1. Lhochhar (Gurung New Year) Celebration was organized by the SERTD in December 2020. The programme was very successful. It was participated by local community’s leaders and general public.

  2. SERTD had organised virtual DEUSHI and BHAILO programme in November 2020.

  3. SERTD had set up CORONA VIRUS COVID -19 Help Line to help and support Nepali community.

  4. Census Awareness campaign 2020/2021 was organised.

  5. ASHIMALA magazine 17 was published.

  6. Other informal community support had been provided during the year.

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Southeast Regional Tamudhee London

Trustees

The trustees who served during the year are as stated below:

Name of Trustee:

MR SUMAN GURUNG

MR ASH BAHADUR GURUNG

MR CHANDRAMAN GURUNG

MR HIRA PRASAD GURUNG

MR KESH BAHADUR GURUNG

MR KHARKA B GURUNG (T)

MR NARAIN BAHADUR GURUNG

MR SHRICHANDRA GURUNG

MR YOG PRASAD GURUNG

MR PREM KUMAR GURUNG

This report is prepared in accordance with the Charities Act 1993 relating to charities.

This report was approved by the board of trustees on 30 August 2021 and signed on its behalf by

..………...............................

Hira Prasad Gurung Chairperson

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Southeast Regional Tamudhee London

Independent Examiners' report on the unaudited financial statements to the trustees of Southeast Regional Tamudhee London

I report on the accounts of Southeast Regional Tamudhee London for the year ended 31 December 2020, which are set out on pages 5 to 9 of this annual report.

Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:

Basis of the independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:

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

Rabi Rimal Tax Platform Chartered Certified Accountants 9-11 Gunnery House London SE18, 6SW

Date: 31 August 2021

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Southeast Regional Tamudhee London

Statement of Financial Activities for the year ended 31 December 2020

Incoming Resources
Notes
Grant and Donations
2
Investment Income
Other Income Resources
Total Incoming Resources
Resources Expended:
Charitable Activities
3
Governance Activities
4
Total Resources Expended
Reconciliation of funds:
Net incoming/ (outgoing) resources
Transfer between funds
Net Movement on funds
Add funds brought forward
Funds at end
Unrestricted
Fund
Restricted
Fund
2020
33,309
-
33,309
-
-
-
-
-
33,309
-
33,309
18,722
-
18,722
5,085
-
5,085
23,807
-
23,807
9,502
-
9,501
2019
58,042
-
20,070
80,060
10,974
4,732
15,706
62,406
312,470
-
312,470
321,972
-
321,972
250,064
312,470

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Southeast Regional Tamudhee London

Balance sheet as at 31 December 2020

Fixed Assets
Land and Property
5
Total Fixed Assets
Current Assets
Bank Account
Other Debtors
Total Current Assets
Creditors: amounts falling
due within one year
Accrual
Other Creditors
Net Current Assets
Net Assets
Funds:
Funds of Charity (Reserve)
Unrestricted Fund (Reserve)
Total Fund
Unrestricted
Restricted
Fund
Fund
2020
293,871
-
293,871
293,871
293,871
28,551
-
28,551
-
-
-
28,551
-
28,551
450
-
-
-
450
-
28,101
-
28,101
321,972
321,972
312,972
-
321,972
-
-
-
321,972
-
321,972
2019
293,871
293,871
19,049
-
19,049
450
-
18,599
312,470
312,470
-
312,470

The Financial statements set out on pages 5 to 9 were approved by trustees on ……… August 2021.

..………............................... Kamala Gurung Treasurer

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1. Accounting policies

1.1. Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Statement of Recommended Practice ‘Accounting by Charities’.

1.2. Grant

Grant represents the total fund/ donations received during the year when received.

1.3. Going concern

The charity is carrying the same objective during the reporting period. The management know nothing about discontinuing its service or part of it.

2. Incoming Resources (Donations – Unrestricted)

Unrestricted £
Year 2020
Unrestricted £
Year 2019
Donations collected from the community 33,309 58,042

3. Resources Expended (Charitable Activities)

----- Start of picture text -----
YE 2020 YE 2019
Unrestricted £ Restricted £ Total £ Total £
Rental Charges - - - -
Festival Celebrations 18,722 - 18,772 8,143
Event supplies - [ -] - -
Donations 5,085 - 5,085 2,831
Condolence for community
members - - - -
Total Resources Expended 23,807 - 23,807 10,974
----- End of picture text -----

4. Resources Expended (Governance Activities)

----- Start of picture text -----
YE 2020 YE 2019
Unrestricted £ Restricted £ Total £ Total £
REPAIRS - - - 888
ADVERTISEMENT - - - 140
ACCOUNTING/LEGAL FEES 400 - 400 450
TRAVEL - - - -
GENERAL OFFICE COST - - -
INSURANCE 475 - 475 475
PURCHASE SOLICITOR FEES - - -
LIGHT, HEAT AND RATES 3,382 - 3,382 2,258
WATER RATES 828 828 521
Total 5,085 - 5,085 4,732
----- End of picture text -----

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5. Fixed Assets

----- Start of picture text -----
YE 2020 YE 2019
Total £ Total £
Land and Property Purchase price - -
Other tax and costs capitalised - -
Land and Property b/fwd 293,571 293,871
Total Fixed Assets 293,871 293,871
----- End of picture text -----

6. Creditors amount falling due within a year

----- Start of picture text -----
YE 2020 YE 2019
Total £ Total £
Investment contributions b/fwd - 52,270
Investment contributions additions - -
Investment contributions paid out - (52270)
Total Creditors - -
----- End of picture text -----

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