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2020-12-31-accounts

		Page
Trustees' annual report
Independent examiner's report	to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement of financial	activities	14

Registered		charity	name	Oshwal Elderly Welfare Association	Oshwal Elderly Welfare Association	Oshwal Elderly Welfare Association	CIO
Charity registration			number	1159887
Principal offic				70St Edmunds	Drive, Stanmore,	Middlesex		HA7 2AU
The trustees
				Mrs Bina S.Shah		(Acting Chairperson)
				Dr Dinesh P. Shah		(Honorary		Treasurer)
				Mrs Urmila D. Shah
				Mrs Anuradhben	K. Shah
				Mr Sobhagchand	D.Shah	(Honorary		Secretary)
				Mrs Vasantiben	D.Shah
Honorary	secretary			Mr Sobhagchand	D Shah
Independent		examiner		Malde 5 Co
				99 Kenton Road
				Kenton Harrow
				Middlesex
				HA3 OAN

							2020	2020	2019
							Unrestricted
							funds	Total funds	Total funds
						Note	8	6	E
Income
Donations and membership						4	10,022	10,022	14,583
Charitable activities						5	1,968	1,968	50,573
Investment	income					6	5,609	5,609	3,878
Total income							17,599	1?,599	69,034
Expenditure
Expenditure	on charitable			activities		7,8	7,654	7,654	31,177
Total expenditure							7,654	7,654	31,177
Net Income	and net		movement		In funds		9,945	9,945	37,857
Reconciliation offunds
Total funds	brought	torward					388,357	388,357	350,500
Total funds	carried		forward				398,302	398,302	388,357

					2020		2019
				Note	6		6
Fixed assets
Tangible fixed assets				12			664
Current assets
Debtors				13	5,838		1,479
Cash at bank	and	in	hand		399,729		402,288
					405,567		403,767
Creditors: amounts			falling due within one year	14	7,763		16,074
Net current	assets					397,804	387,693
Total assets	less	current liabilities				398,302	388,357
Net assets						398,302	388,357
Funds ofthe charity
Unrestricted	funds					398,302	368,357
Total charity	funds			16		398,302	388,357

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2020	Funds	2019
					f		2
	Donations
	Donations			750	750	5,107	5,107
	Subscriptions
	Membership		income	9,272	91272	9,476	9,476
				10,022	10,022	14,583	14,583
5.	Charitable	activities
				Unrestricted	Total Funds	Unrestdcted	Total Funds
				Funds	2020	Funds	2019
				2	6
	Luncheon	collection		1,968	1,968	21,578	21,578
	Administration		fee for holidays			26,257	26,257
	Local holidays					2,738	2,738
				1,968	1,968	50,573	50,573
6.	Investment	income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2020	Funds	2019
				6	2	2
	Bank interest		receivable	5,609	5,609	3,878	3,878

7.	Expenditure			on charitab	l	e	acti	vities by fund type
								Unrestricted	Total Funds	Unrestricted	Total Funds
								Funds	2020 f	Funds	2019 6
	Overseas trips							2,000	2,000	4,117	4,117
	Luncheons							3,660	3,660	21,134	21,134
	Charitable	donations								200	200
	Local trips									2,215	2,215
	Support costs							1,994	1,994	3,511	3,511
								7,654	7,664	31,177	31,177
8.	Expenditure		on charitable				activities by activity type
								Activities
								undertaken	Support	Total funds	Total fund
								directly	costs	2020	2019
									6	6	2
	Overseas trips							2,000		29000	4,117
	Luncheons							3,660		3,660	21,134
	Charitable	donations									200
	Local trips										2,215
	Governance		costs						1,994	1,994	3,511
								5,660	1,994	7,654	31,177
9.	Net Income
	Net income	is		stated after		charging/(crediting):
										2020	2019
										2
	Depreciation		of tangible		fixed assets					166	222
10.	Independent			examination			fees
										2020	2019
	Fees payable			to the independent				examiner for:
	Independent		examination			of the		financial statements		420	1,500

12.	Tangible fixed a	sset	s
				Equipment	Total
				6
	Cost
	At 1 January 2020 and 31 December 2020			2,605	2,605
	Depreciation
	At 1 January 2020			1,941	1,941
	Charge for the year			166	166
	At 31 December	2020		2,107	2,107
	Carrying amount
	At 31 December	2020		498	498
	At 31 December 2019			664
13.	Debtors
				2020	2019
	Prepayments and	accrued income		5,688	492
	Other debtors			150	987
				5,838	1,479
14.	Creditors: amounts		falling due within one year
				2020	2019
					E
	Accruals and deferred		income	4,667	12,978
	Other creditors			3,096	3,096
				7,763	16,074
15.	Deferred income
				2020	2019
				9	2
	At 1 January 2020			11,478	10,540
	Amount released	tc income		(8,250)	(7,050)
	Amount deferred	in year		1,020	7,986
	At 31 December	2020		4,248	11,478

Unrestricted	funds
				Al				At
		1	January	20			31	Decembe
				20	Income	Expenditure		r 2020
			8					2
Unrestricted	Fund		388,357		17,599	(7,654)		398,302
				At				At
		1	January	20			31	December
				19	Income	Expenditure		2019
Unrestricted	Fund		350,500		69,034	(31,177)		388,357

Analysis of net as	sets between funds
		Unrestricted	Total Funds
		Funds	2020
			6
Tangible fixed assets		498	498
Current assets		405,567	405,567
Creditors less than	1 year	(7,763)	(7,763)
Net assets		398,302	398,302
		Unrestricted	Total Funds
		Funds	2019
			2
Tangible fixed assets		664	664
Current assets		403,767	403,767
Creditors less than	1 year	(16,074)	(16,074)
Net assets		388,357	388,357

Year ended 31 Dec	emb	er 2020
			2020	2019
			2
Income
Donations and membership
Donations			750	5,107
Membership income			9,272	9,476
			10,022	14,583
Charitable activities
Luncheon collection			1,968	21,578
Administration fee for holidays				26,257
Local holidays				2,738
			1,968	50,573
Investment Income
Bank interest receivable			5,609	3,878
Total Income			17,599	69,034
Expenditure
Expenditure on charitable		activities
Insurance			782	789
Legal and professional	fees		420	1,200
Depreciation			166	222
Direct cost of luncheons			3,660	21,133
Miscellaneous cost for	holidays		2,000	6,332
Charitable donations				200
Bank charges			60	85
Printing, postage and stationary			531	1,039
Sundry expenses			35	177
			7,654	31,177
Total expenditure			7,654	31,177
Net income			9,945	37,857