This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2020-12-31-accounts

Trustees' Report		1 to 23
Statement ofTrustees'	Responsibilities	24
Independent Auditors'	Report	25 to 28
Statement ofFinancial	Activities	29to 30
Balance Sheet		31
Notes to the Financial	Statements	32to 46

Trustees' Report		1 to 23
Statement ofTrustees'	Responsibilities	24
Independent Auditors'	Report	25 to 28
Statement ofFinancial	Activities	29to 30
Balance Sheet		31
Notes to the Financial	Statements	32to 46

				Unrestricted		Total
				funds	Restricted funds	2020
			Note
Income and Endowments		from:
Donations and legacies				2,426,008	549,067	2,975,075
Charitable activities				286,464	1,359	287,823
Other trading activities				166,540	71,971	238,511
Other income				315,127	38,757	353,884
Total income				3,194,139	661,154	3,855,293
Expenditure on:
Raising funds				(2,705,402)	(105,557)	(2,810,959)
Charitable activities				(236,678)		(236,678)
Other trading activities				(1,930		1,930
Total expenditure				(2,944,010	(105,557	(3,049,567
Net income/(expenditure)				250,129	555,597	805,726
Reconciliation offunds
Total funds brought	forward			7,952,294	489,910	8,442,204
Total funds carried	forward		19	8,202,423	1,045,507	9,247,930

					(As restated)		(As restated)
					Unrestricted		Total
					funds	Restricted funds	2019
				Note
Income and Endowments			from:
Donations and	legacies				3,245, 125	135,773	3,380,898
Charitable activities					398,091		398,091
Other trading	activities				231,969		231,969
Other income					54,079		54,079
Total income					3,929,264	135,773	4,065,037
Expenditure	on:
Raising funds					(2,121,739)	(2,987,788)	(5,109,527)
Charitable activities					(400,082)		(400,082)
Other trading	activities				(9,351		9,351
Total expenditure					(2,531,172)	2,987,788	(5,518,960
Net income/(expenditure)					1,398,092	(2,852,015)	(1,453,923)
Net movement	in funds				1,398,092	(2,852,015)	(1,453,923)
Reconciliation	offunds
Total funds brought		forward			6,554,202	3,341,924	9,896,126
Total f'unds carried		forward		19	7,952,294	489,909	8,442,203

		Balance Sheet as at3	1December 202	0
				2020	2019
			Note
Fixed assets
Tangible assets			12	41,172	58,003
Investments			13	100	100
				41,272	58,103
Current assets
Stocks			14	12,361	29,328
Debtors			15	7,331,581	7,859,215
Cash at bank	and in hand		16	2,018,678	724,793
				9,362,620	8,613,336
Creditors: Amounts		falling due within one year	17	(155,962)	(229,236)
Net current	assets			9,206,658	8,384,100
Net assets				9,247,930	8,442,203
Funds ofthe	charity:
Restricted income funds
Restricted funds				1,045,507	489,909
Unrestricted	income	funds
Unrestricted	funds			8,202,423	7,952,294
Total funds			19	9,247,930	8,442,203

3 Income froin donation	s and legacies
	Unrestricted
	funds
				(As	restated)
		Restricted	Total		Total
	General	funds	2020		2019
	f.
Donations	2,426,008	549,067	2,975,075		3,380,898
	2,426,008	549,067	2,975,075		3,380,898

4 Incom	e fro	m Charitable ac	tivities
			Unrestricted
			funds
				Restricted		(As	restated)
				funds	Total		Total
			General		2020		2019
Festivals			44,007		44,007		73,739
Books			197,138		197,138		240,425
Education	and	training	45,319	1,359	46,678		83,927
			286,464	1,359	287,823		398,091

		Unrestricted
		funds
					(As	restated)
			Restricted	Total		Total
		General	funds	2020		2019
Trading	activities	166,540	71,971	238,511		231,969
		166,540	71,971	238,511		231,969

a) Costs ofgenerating donati	ons and	legacies
		Unrestricted
		funds
				Total	Total
		General Restricted	funds	2020	2019
	Note
Staffcosts		1,113,965	27,280	1,141,245	966,897
Premises insurance		38,880		38,880	27,381
Telephone		9,856		9,856	11,872
Postage and stationery		70,611	92	70,703	110,595
Sundries		933		933	2,999
Purchase		232,449		232,449	184,026
Disposables		17,032		17,032	34,157
Gifts &samples		55		55	430
Literature &brochures		11,498		11,498	9,169
Devotee maintenance		20,733		20,733	45,938
Computer costs		7,539		7,539	21,718
Repairs &maintenance		40,476	2,772	43,248	107,784
Travelling		19,783	51	19,834	61,188
Motor expenses		15,058		15,058	22,949
Professional fees		56,973	26	56,999	138,670
Hire ofequipment		87,910		87,910	159,057
Bhoga consumptions		52,698	24	52,722	132,685
Training		3,925	600	4,525	32,982
Flowers and decorations		21,813		21,813	29,989
Cleaning and disposables		40,494		40,494	47,806
Donations		164,409	74,712	239,121	2,551,129
Health &Safety compliance		14,988		14,988	5,085
Rates and water		35,458		35,458	57,559
Carried forward		2,077,536	105,557	325,125	4,762,065

Costs of a)	generating donati	ons and	legacies (continued)
			Unrestricted
			funds
					Total	Total
			General Restricted	funds	2020	2019
		Note
Brought forward			2,077,536	105,557	325,125	4,762,065
Repairs and	renewals		6,237		6,237	11,292
(Proflit) or loss on disposal			(999)		(999)	(352)
Adjustment	to Debtors	21	582,648		582,648	286,399
Depreciation	- owned assets		16,366		16,366	22,636
Support fees			23,613		23,613	27,487
			2,705,402	105,557	2,810,959	5,109,527

Costs b)	ofcharitable activities
			Unrestricted
			funds
					(As	restated)
				Total		Total
			General	2020		2019
		Note
Festivals			10,424	10,424		135,747
Education	Sctraining		52,538	52,538		101,182
Books			173,715	173,715		163,153
			236,678	236,678		400,082

			2020	2019
Audit fees			10,800	16,391
Loss on disposal offixed assets held for the charity's		own use	(999)	(352)
Depreciation	offixed assets		16,366	22,636
Balances owed from related parties, written offduring		the year (refer to
note 21)			582,648

The aggregate payr	oll costs were as follows:
		2020	2019
Staff costs during	the year were:
Wages and salaries		1,056,906	899,608
Social security costs		68,243	54,218
Pension costs		16,096	13,071
		1,141,245	966,897

the	year expressed as full time equivalents was	as follows:
		2020		2019
		No		No
All	employees		71		72

12 Tangible fixed assets
	Fixtures and
	fittings	Motor vehicles	Total
Cost
At 1 January 2020	55,178	64,510	119,688
Additions	1,781		1,781
Disposals	(20,312	(7,100	27,412
At 31 December 2020	36,647	57,410	94,057
Depreciation
At 1 January 2020	26,193	35,492	61,685
Charge for the year	9,673	6,693	16,366
Eliminated on disposals	(20,312	4,854	25,166
At 31December 2020	15,554	37,331	52,885
Net book value
At 31 December 2020	21,093	20,079	41,172
At 31 December 2019	28,985	29,018	58,003

Shares in group undertakings and participating interest	s
	Shares in group
	undertakings
Cost
At 1 January 2020	100
At 31 December 2020	100
Net book value
At 31December 2020	100
At 31December 2019	100

capital are a	s f	ollows:
			Country	of		Proportion ofvoting rights		Principal
Undertaking			incorporation		Holding	and shares held		activity
						2020	2019
Subsidiary	undertakings
								Production		and
Bhaktivedanta		Manor						sale ofdairy
Limited Dharam Marg,		Hi]field	England	and Wales	Ordinary shares	100~/	100/o	products and the hosting of
Land, Aldenham,								wedding
Hertfordshire								events

14 Stock
	2020	2019
Stocks	12,361	29,328
15 Debtors
	2020	2019
Trade debtors		21,173
Due from group undertakings	7,109,104	7,009,227
P repayments	15,785	51,126
Other debtors	206,692	777,689
	7,331,581	7,859,215

			2020	2019
Cash on hand			455	576
Cash atbank			2,018,223	724,217
			2,018,678	724,793
17 Creditors: amounts	falling due within	one year
			2020	2019
Trade creditors			48,602	72,355
Due to group undertakings			57,750
Other taxation and social	security			18,981
Other creditors			8,015	122,860
Accruals			41,595	15,040
			155,962	229,236

			Balance at 1	Incoming	Resources	Balance at31
			January 2020	resources	expended	December 2020
Unrestricted	funds
General			7,952,294	3,194,139	(2,944,010)	8,202,423
Restricted funds
Goshala			427,174	306,230		733,404
Nursery			62,736	112,087	(30,845)	143,978
ISKCON Mayapur				169,304	(74,712)	94,592
H.H. Bhakti	Charu Maharaja	Samadhi		73,533		73,533
Construction	funds
Total funds			8,442,204	3,855,293	(3,049,567	9,247,930
Prior year
			Balance at 1	Incoming	Resources	Balance at31
			January 2019	resources	expended	December 2019
Unrestricted	funds
General			6,554,202	3,929,264	(2,531,172)	7,952,294
Restricted funds			3,341,924	135,773	(2,987,788)	489,909
Total funds			9,896,126	4,065,037	(5,518,960)	8,442,203

20 Analysis ofnet assets between funds Current year
	Unrestricted
	funds
	General	Restricted funds	Total funds
Tangible fixed assets	41,172		41,172
Fixed asset investments	100		100
Current assets	8,336,956	1,025,664	9,362,620
Current liabilities	(155,962		155,962
Total net assets	8,222,266	1,025,664	9,247,930
Prior year
	Unrestricted
	funds
	General	Restricted funds	Total funds
Tangible fixed assets	58,003		58,003
Fixed asset investments	100		100
Current assets	8,123,426	489,910	8,613,336
Current liabilities	(229,236)		(229,236
Total net assets	7,952,293	489,910	8,442,203