London Sharad Utsav – Annual Trustees Report 2020 

## **LONDON SHARAD UTSAV** 

## **Charity Registration Number : 1160554** 

## **ANNUAL TRUSTEES REPORT – YEAR ENDING 2020** 

The Board of Trustees of the London Sharad Utsav presents the following report for the year 2020 (Jan-Dec 2020). 

The year will be remembered in history as one of the toughest due to the onset of the Covid pandemic. Whilst our lives have been turned upside down, however we continue to honour our aims and objectives, focussing on our shared heritage and culture and supporting the vulnerable in the hour of need. Our member base continues to be stronger than ever and we continue to create strong strategic relationships with reputed organizations like High Commission of India British Council and many others. 

We started the year the unique folk festival ‘Fagun Fest’ a celebration of Indian calendar month of ‘Phagun’.  The showcase of traditional folk music of ‘Bauls’ originating from villages in Bengal, their stage appearance in London, a fusion with local artists in UK was a spectacle admired by all. The culinary skills of locals were on show, with presentation, taste and uniqueness of the event on test, judged by eminent and experienced judges. And we supported the cause for dying art of Kantha stitches, by showcasing a wide variety of Kantha products. The members celebrated the Hindu festival of colour, showcasing the onset of spring with a colourful event. 

Since the onset of pandemic, the year took a turn towards an unknown which none of us had ever witnessed or experienced. Coupled with the pandemic, villages in Bengal were battered by the mighty force of a once in a generation cyclone. As an organization we rose to the challenge and contributed to alleviate the pain of several people, by organizing a successful fund raiser. All proceeds were donated to organizations supporting the cyclone hit villages and people suffering from pandemic. We supported the NHS charities through a fundraiser. 

As highlighted in the 2019 year ending report, in 2020 we completed a thorough internal process audit of all process controls, due diligence, budgeting, approval. Several areas were highlighted where improvements were necessary. The CC8 Charity Commission guidance framework was taken as the core governing document, we discussed and reviewed the operating model of few reputed international charities, and we implemented a series of changes to ways of working, budgeting, approval of spend, disciplinary issues, contracts with proper due diligence of counterparties and transparent accounting. These together with lessons learnt from the past, all spend for the charity are recorded in QuickBooks software to enable transparent accounting, reporting and monitoring. Cash transactions have been minimized to negligible amounts and set process to approve that. The trustees are now confident that the root cause of financial and control issues will not be repeated in the future. 

Our financial results for 2020 and accounting process for the year end is the testament to the controls we have put in. Financial results for the year ending 2020 showed a net surplus. 

The trustees regrettably also had to take some strong disciplinary decisions regarding individuals who were opposed to changes, disrupting operational processes, creating conflict of interest, causing harm to the reputation of the charity, its trustees and hampering its operations. At all 

1 



London Sharad Utsav – Annual Trustees Report 2020 

times, the trustees followed appropriate process based on constitution and charity commission guidelines. 

Moving forward we now want to create a strong financial foundation for the organization and work within a budget framework. 

As the pandemic restrictions lifted, we held a couple of events for all members uplifting the community spirit, moral and psychological benefits. Young members of the community came forward to celebrate the commemoration of Prince Dwarkanath Tagore – a great visionary and pioneer. We worked closely with our strategic partner Ealing Council to convert the famous Ealing Town Hall to a place of worship under Covid guidelines of the government. As this was the first gathering of members post lockdown, every minute detail was planned with government protocols, events rehearsed, training delivered on covid safety and electronic booking of attendance slots for every member. The testament to the efforts were when the local police reviewed the event in person and lauded the efforts - the event was completed successfully. The risk assessment and training documents set the benchmark for Ealing Council and the charity as a high-quality guide to conduct events during a pandemic. This event which in line with our objectives, provided the much needed moral and psychological uplift to the community post lockdown. 

We would want to thank each and every community member of the charity for their hard work, dedication to the cause and unwavering support. We also want to thank community members and trustees who left the organization in 2020 and wish them all the success for future endeavours. 

We would also want to thank the broader community, who regardless of class, colour, race, gender, preferences join our events and make it a huge success reflecting the true spirit of a progressive society with human bonding. 

## **Trustees of London Sharad Utsav** 

Suranjan Som – Chair Debarati Goswami Jhuma Bhadra Amit Guha Pritha Mukherjee 

2 



REGISTERED COMPANY NUMBER.. 07386178 (England and Wales)
REGISTERED CHARiff NUMBER: 1160554
eT stee
and
talements forthe Year En
for
HARAD UTSAV
Unaudiled Fin
ncial
cem
r 2020
A S Kalsi & Co, Chartered A￿ountants
77 Holyhead Road
Birmingham
West Micllands
B21 OLG

ONDON SHARAD UT
Contents of the Financial Ststements
f r th Year Ended 31 D
ember 2020
Page
Report of the Trustees
Independent ExamineVs Report
statement of Financial Activities
Balance Sheet
4t05
Notes to the Financial Statements
6t09
Detailed Statement of Financial Activitles
10t0 11

LONDIIUSHARA
Re
rt ofthe Trustees
for the Year End d 31
ecember 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended
31 December 2020. The trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07386178 (England and Wales)
Registered Charity number
1160554
Registered office
77 HOLYHEAD ROAD
BIRMINGHAM
West Midlands
B21 OLG
Truslees
MRS J Bhadra
Mrs V Bhattacharya
Mrs D Goswami
A Guha
Mrs P Mukheryee
A K Mukhopadhyay
Mrs C Saha
Ssom
Truustee
Intems Manager
Trustee
Trustee
Trustee
Trustee
Housewife
Trustee
- appointed 1.1.20
resigned 16.7.20
appointed 1.1.20
- appointed 1.1.20
appointed 1.1.20
resigned 25.7.20
resigned 8.7.20
Company Secretary
Independent examlner
A S Kalsi & Co, Chartered Accountants
77 Holyhead Road
Bimiingham
West MidlarKIs
821 OLG
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
The charity is controlled by its goveming document, a deed of trust, and constitutes a limited
company, limited by guarantee. as defined by the Companies Act 2006.
Rlsk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to
ensure appropriate controls are in place to provide reasonable assuran￿ against fraud and error.
Approved by order of the board of trustees on
behalf by..
and signed on ils
MRS J Bhadra - Trustee
Page 1

uendenl Examiner's R
LONDO
SHA
DUT
AV
tees
I report on the accounts of the company for the year ended 31 December 2020, which are set out
on pages three to nin8.
Rèsponsibilities and basis of report
As the charity's trustees (and also the directors for the purposes of company law) you a
responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independanl examination. I have examined your charity's accounts as required under section 145
of the Charities Act 2011 Ilhe ACY). In carrying out my examination I have followed the Directions
given by the Charity Commission under section 145(5llb) of the 2011 Act.
My role is to slate whether any materral matters have come to my attention giving me cause to
believe:
that accounting records were not kept as required by section 386 of the Companies Act
2006,. or
that the accounts do not accord with those records., or
that the accounts do not comply with the accounling requirements of section 396 of th8
Companies Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practice applicable to charFlies preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland. or
that there is further information needed for a proper understanding of the accounts.
Independent examinerfs statement
I have completed my examination and hav8 no COn￿mS in raspect of the matters (1) to (4) listed
above and, in connection with following the Directions of the Charity Commission I have found no
matters Ihal require drawing to your attention.
Ujjal Ghosh
A S Kalsi & Co, Chartered Accountants
77 Holyhead Road
Birmingham
West Midlands
B21 OLG
Date:
Page 2

NDON SHARAD
SAV
tem
nt of Financial Activiti
for the Year En
ed 31 December
020
31.12.20
Unrestricted
fund
31.12.19
Totsl
funds
Notes
INCOMING RESOURCES
Incoming resources from generated
funds
Voluntary income
Activities for generating funds
Incoming resources from charitable
actlvities
Charitable Acttvit18S
28,850
1,657
54,216
2,954
24,840
5,218
Totsl incomlng resources
55.347
62,388
RESOURCES EXPENDED
Costs of generatlng funds
Costs of generating voluntary income
Charitable activities
Charitable Activities
Govemance costs
Other resources oxpended
4,923
1,338
2,738
39,161
265
1,050
77,156
Total resources expended
48,160
78.471
NET INCOMINGIIOUTGOING)
RESOURCES
7.187
116,083)
RECONCILIATION OF FUNDS
Total funds brought forward
(20,540)
(4.457)
TOTAL FUNDS CARRIED FORWARD
(13,353)
{20,540)
The notes form part of these financial statements
Page 3

ND
SHARAD UTSAV
alan
e Sheet
At31 D
cem
er 2020
31.12.20
Unrestricted
fund
31.12.19
Total
funds
Notes
CURRENT ASSErs
Debtors
Cash at bank
1,239
539
859
1,778
859
CREDITORS
Amounts falling due within one year
(15,131)
{21,399)
NET CURRENT ASSETSI(LIABILITIES)
(13,353)
(20,540)
TOTAL ASSETS LESS CURRENT
LIABILITIES
{13,353)
120,540)
NET ASSETSI{LIABILITIES)
(13.353) (20,540)
FUNDS
Unreslricled funds
(13.353)
{20,540)
TOTAL FUNDS
(13,353) {20,540)
The notes fomi part of these financial statements
Page 4
continued...

ARAD
Balan￿ Sheet- continued
At31D
cember 2020
The charilable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audil of its flnancial statemenls for the
year ended 31 December 2020 in accordan￿ with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(al ensuring that the charitable company keeps accounting records Ihat comply with Sections
386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of ils surplus or deficit for each
financial year in a￿OrdanCe WFth Ihe requirements of Sections 394 and 395 and which
otherwise ￿MplY with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable lo the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part
15 of the Companies Act 2006 relating io charitable small companies and with the Financial
Reporting Standard for Smaller Entities {effective January 2015}.
The financial statements were approved by the Board of Trustees on
and were signed on its behalf by:
MRS J Bhadra -Trustee
S Som-Trustee
The notes fom) part of these financial statements
Page 5

NDON SHARAD JLTSAV
Notes to the Financial S
ements
f r th Year Ended 31 Dece
er 2020
ACCOUNTING POLICIES
Accounting convention
The financial slatements have been prepared under the historical cost convention, and in
accordance with the Financial Reporting Standard for Smaller Entities {effeclive April 2008},
the Companles Act 2006 and the requirements of the Statement of Recommended Practice,
Accounting and Reporting by Charities.
Incoming resources
All incoming resources are induded on the Statement of Financial Activities when the charity
is legally entitled to the income and the amount can be quantified with rgasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cost related lo the category. Where costs cannot be directly allributed to
particular headings they have been allocated to activities on a basis consistent with the use
of resou￿$.
Taxatlon
The charity is exempt from corporation Lax on its charitable activitles.
Fund accounting
Unreslricted funds can be used in accordance with the charitable objectives al the discretion
of the trustees.
Restricted funds can only be used for particular rastricted purposes within the objects of the
charity. Restrictions arise when specified by Ihe donor or when funds are raised for
particular restricted purposes.
Further explanation of th8 nature and purpose of each fund is included in the notes to th8
financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on
a straight line basis over the period of the lease.
ACTIVITIES FOR GENERATING FUNDS
31.12.20
31.12.19
Fundraising events
1,657
2,954
COSTS OF GENERATING VQLUNTARY INCOME
31.12.20
31.12.19
Support costs
4,923
Page 6

HARA
Notes to the Financial Statements - continued
f the Year Ended 31 De￿mber 2020
NEf INCOMINGI(OUTGOING) RESOURCES
Nel resources aré stated after chargingl(cr8diting)'.
31.12.20
31.12.19
Hlre of plant and machinery
2,238
TRUSTEES, REMUNERATION AND BENEFITS
There were no tnjstees, ramuneration or other benefits for the yoar endad
31 December 2020 nor for the year ended 31 December 2019
Trustees. expenses
There were no trustees, 8xpenses paid for Ihe year ended 31 December 2020 nor for the
year ended 31 December 2019.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20
31.12.19
Other debtors
1,239
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20
31.12.19
Other creditors
15,131
21.399
MOVEMENT IN FUNDS
Net
movement
in funds At 31.12.20
Al 1.1.20
Unrestricted funds
General fund
(20,540}
7,187
{13.353)
TOTAL FUNDS
120,5401
7.187
(13,353)
Page 7

LONDON SHARAD
AV
Notes to the Financial Statements- continued
rEnd
1 De￿M
er 2020
MOVEMENT IN FUNDS- Continued
Net movement in funds. included in the above are as follows=
Incoming Resources
reSoUr￿S
expended
Movement
in funds
Unrestricted funds
General fund
55,347
(48,160)
7,187
TOTAL FUNDS
55,347
(48,160)
7,187
Comparatives for movement In funds
Net
movement
in fltnds At 31.12.19
At 1.1.19
Unreslricted Funds
General fund
(4,457) (16,083)
(20,540)
TOTAL FUNDS
(4,4571 116,0831 (20,5401
Comparative nel movem6nt in funds, included in the above are as follows..
Incoming ReSoUr￿S
resources
expended
Movement
in funds
Unreslricted funds
General fund
62.388
(78,471) {16,083)
TOTAL FUNDS
62,388
178,471) {16,083)
A current year 12 months and prior year 12 months combined position Is as follows..
Net
movgment
At 1.1.19
In funds At 31.12.20
Unrestricted funds
General fund
(4,457)
18,896) {13,353)
TOTAL FUNDS
14,457)
(8,896) (13,353)
Page 8

NDON SHARAD UT
Not s to the Finan
or the Year Ende
I Statements - continued
31De
r 2020
MOVEMENT IN FUNDS - contlnued
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows..
Incoming Resources
resources
expended
Movement
in funds
Unrestr•cted funds
General fund
117,735
1126,6311
{8,896)
TOTAL FUNDS
117,735
(126.6311
18,8961
Page 9

LONDQN SHARAD
Detaile
Statemen
f Financial Activities
for the Year Ended 31 D
mber 2020
31.12.20
31.12.19
INCOMING RESOURCES
Voluntary income
Membership Fees
Donations
Gift aid
Sponsorship Income
15,200
6,971
6,379
300
9.877
21,194
8.697
14,448
28.850
54,216
Activities for generating funds
Fundraising events
1,657
2,954
Incoming resources from charitsble actlvitles
Charitable Activities
24,840
5.218
Total incoming resources
55,347
62,388
RESOURCES EXPENDED
Charitable activities
Advertising
246
265
Governance costs
Hire of plant and machinery
Accounlancy
2,238
500
1,050
2,738
1,050
Other resources expended
Pula Expenses
Cultural Program Expenses
Storage Costs
Charitable Donations
Venue Hire Charges
Artist Fees
11,058
155
2,777
19,379
3,402
2.390
12,220
3,344
2,457
4,639
25,170
6,343
39,161
54,173
Support costs
Managemerrt
Postage and stationery
Transport Costs
934
300
842
545
1,234
1,387
This page does not fom part of the statutory financial statements
Page 10

LONDON SHARAD UTSAV
Detailed Statement of Financial Activities
for the Year Ende
1 De
ber 2020
31.12.20
31.12.19
Finance
Bank charges
Human resources
Software licences
Other
Food & Refreshment
Other 2
Postag6 and stationery
Travel Expenses
158
133
2.643
13,935
706
1,274
7,520
1,980
7,520
Total resources expended
48,160
78.471
Net incomel{expendlture)
7,187
(16.083}
This page does not fomi part of the ststutory financial statemenls
Page11

REGISTERED COMPANY NUMBER.. 07386178 (England and Wales)
REGISTERED CHARiff NUMBER: 1160554
eT stee
and
talements forthe Year En
for
HARAD UTSAV
Unaudiled Fin
ncial
cem
r 2020
A S Kalsi & Co, Chartered A￿ountants
77 Holyhead Road
Birmingham
West Micllands
B21 OLG

ONDON SHARAD UT
Contents of the Financial Ststements
f r th Year Ended 31 D
ember 2020
Page
Report of the Trustees
Independent ExamineVs Report
statement of Financial Activities
Balance Sheet
4t05
Notes to the Financial Statements
6t09
Detailed Statement of Financial Activitles
10t0 11

LONDIIUSHARA
Re
rt ofthe Trustees
for the Year End d 31
ecember 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended
31 December 2020. The trustees have adopted the provisions of the Statement of Recommended
Practice (SORP) 'Accounting and Reporting by Charities, issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07386178 (England and Wales)
Registered Charity number
1160554
Registered office
77 HOLYHEAD ROAD
BIRMINGHAM
West Midlands
B21 OLG
Truslees
MRS J Bhadra
Mrs V Bhattacharya
Mrs D Goswami
A Guha
Mrs P Mukheryee
A K Mukhopadhyay
Mrs C Saha
Ssom
Truustee
Intems Manager
Trustee
Trustee
Trustee
Trustee
Housewife
Trustee
- appointed 1.1.20
resigned 16.7.20
appointed 1.1.20
- appointed 1.1.20
appointed 1.1.20
resigned 25.7.20
resigned 8.7.20
Company Secretary
Independent examlner
A S Kalsi & Co, Chartered Accountants
77 Holyhead Road
Bimiingham
West MidlarKIs
821 OLG
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
The charity is controlled by its goveming document, a deed of trust, and constitutes a limited
company, limited by guarantee. as defined by the Companies Act 2006.
Rlsk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to
ensure appropriate controls are in place to provide reasonable assuran￿ against fraud and error.
Approved by order of the board of trustees on
behalf by..
and signed on ils
MRS J Bhadra - Trustee
Page 1

uendenl Examiner's R
LONDO
SHA
DUT
AV
tees
I report on the accounts of the company for the year ended 31 December 2020, which are set out
on pages three to nin8.
Rèsponsibilities and basis of report
As the charity's trustees (and also the directors for the purposes of company law) you a
responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independanl examination. I have examined your charity's accounts as required under section 145
of the Charities Act 2011 Ilhe ACY). In carrying out my examination I have followed the Directions
given by the Charity Commission under section 145(5llb) of the 2011 Act.
My role is to slate whether any materral matters have come to my attention giving me cause to
believe:
that accounting records were not kept as required by section 386 of the Companies Act
2006,. or
that the accounts do not accord with those records., or
that the accounts do not comply with the accounling requirements of section 396 of th8
Companies Act 2006 and with the methods and principles of the Charities Statement of
Recommended Practice applicable to charFlies preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland. or
that there is further information needed for a proper understanding of the accounts.
Independent examinerfs statement
I have completed my examination and hav8 no COn￿mS in raspect of the matters (1) to (4) listed
above and, in connection with following the Directions of the Charity Commission I have found no
matters Ihal require drawing to your attention.
Ujjal Ghosh
A S Kalsi & Co, Chartered Accountants
77 Holyhead Road
Birmingham
West Midlands
B21 OLG
Date:
Page 2

NDON SHARAD
SAV
tem
nt of Financial Activiti
for the Year En
ed 31 December
020
31.12.20
Unrestricted
fund
31.12.19
Totsl
funds
Notes
INCOMING RESOURCES
Incoming resources from generated
funds
Voluntary income
Activities for generating funds
Incoming resources from charitable
actlvities
Charitable Acttvit18S
28,850
1,657
54,216
2,954
24,840
5,218
Totsl incomlng resources
55.347
62,388
RESOURCES EXPENDED
Costs of generatlng funds
Costs of generating voluntary income
Charitable activities
Charitable Activities
Govemance costs
Other resources oxpended
4,923
1,338
2,738
39,161
265
1,050
77,156
Total resources expended
48,160
78.471
NET INCOMINGIIOUTGOING)
RESOURCES
7.187
116,083)
RECONCILIATION OF FUNDS
Total funds brought forward
(20,540)
(4.457)
TOTAL FUNDS CARRIED FORWARD
(13,353)
{20,540)
The notes form part of these financial statements
Page 3

ND
SHARAD UTSAV
alan
e Sheet
At31 D
cem
er 2020
31.12.20
Unrestricted
fund
31.12.19
Total
funds
Notes
CURRENT ASSErs
Debtors
Cash at bank
1,239
539
859
1,778
859
CREDITORS
Amounts falling due within one year
(15,131)
{21,399)
NET CURRENT ASSETSI(LIABILITIES)
(13,353)
(20,540)
TOTAL ASSETS LESS CURRENT
LIABILITIES
{13,353)
120,540)
NET ASSETSI{LIABILITIES)
(13.353) (20,540)
FUNDS
Unreslricled funds
(13.353)
{20,540)
TOTAL FUNDS
(13,353) {20,540)
The notes fomi part of these financial statements
Page 4
continued...

ARAD
Balan￿ Sheet- continued
At31D
cember 2020
The charilable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audil of its flnancial statemenls for the
year ended 31 December 2020 in accordan￿ with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(al ensuring that the charitable company keeps accounting records Ihat comply with Sections
386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of ils surplus or deficit for each
financial year in a￿OrdanCe WFth Ihe requirements of Sections 394 and 395 and which
otherwise ￿MplY with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable lo the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part
15 of the Companies Act 2006 relating io charitable small companies and with the Financial
Reporting Standard for Smaller Entities {effective January 2015}.
The financial statements were approved by the Board of Trustees on
and were signed on its behalf by:
MRS J Bhadra -Trustee
S Som-Trustee
The notes fom) part of these financial statements
Page 5

NDON SHARAD JLTSAV
Notes to the Financial S
ements
f r th Year Ended 31 Dece
er 2020
ACCOUNTING POLICIES
Accounting convention
The financial slatements have been prepared under the historical cost convention, and in
accordance with the Financial Reporting Standard for Smaller Entities {effeclive April 2008},
the Companles Act 2006 and the requirements of the Statement of Recommended Practice,
Accounting and Reporting by Charities.
Incoming resources
All incoming resources are induded on the Statement of Financial Activities when the charity
is legally entitled to the income and the amount can be quantified with rgasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all cost related lo the category. Where costs cannot be directly allributed to
particular headings they have been allocated to activities on a basis consistent with the use
of resou￿$.
Taxatlon
The charity is exempt from corporation Lax on its charitable activitles.
Fund accounting
Unreslricted funds can be used in accordance with the charitable objectives al the discretion
of the trustees.
Restricted funds can only be used for particular rastricted purposes within the objects of the
charity. Restrictions arise when specified by Ihe donor or when funds are raised for
particular restricted purposes.
Further explanation of th8 nature and purpose of each fund is included in the notes to th8
financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on
a straight line basis over the period of the lease.
ACTIVITIES FOR GENERATING FUNDS
31.12.20
31.12.19
Fundraising events
1,657
2,954
COSTS OF GENERATING VQLUNTARY INCOME
31.12.20
31.12.19
Support costs
4,923
Page 6

HARA
Notes to the Financial Statements - continued
f the Year Ended 31 De￿mber 2020
NEf INCOMINGI(OUTGOING) RESOURCES
Nel resources aré stated after chargingl(cr8diting)'.
31.12.20
31.12.19
Hlre of plant and machinery
2,238
TRUSTEES, REMUNERATION AND BENEFITS
There were no tnjstees, ramuneration or other benefits for the yoar endad
31 December 2020 nor for the year ended 31 December 2019
Trustees. expenses
There were no trustees, 8xpenses paid for Ihe year ended 31 December 2020 nor for the
year ended 31 December 2019.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20
31.12.19
Other debtors
1,239
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.20
31.12.19
Other creditors
15,131
21.399
MOVEMENT IN FUNDS
Net
movement
in funds At 31.12.20
Al 1.1.20
Unrestricted funds
General fund
(20,540}
7,187
{13.353)
TOTAL FUNDS
120,5401
7.187
(13,353)
Page 7

LONDON SHARAD
AV
Notes to the Financial Statements- continued
rEnd
1 De￿M
er 2020
MOVEMENT IN FUNDS- Continued
Net movement in funds. included in the above are as follows=
Incoming Resources
reSoUr￿S
expended
Movement
in funds
Unrestricted funds
General fund
55,347
(48,160)
7,187
TOTAL FUNDS
55,347
(48,160)
7,187
Comparatives for movement In funds
Net
movement
in fltnds At 31.12.19
At 1.1.19
Unreslricted Funds
General fund
(4,457) (16,083)
(20,540)
TOTAL FUNDS
(4,4571 116,0831 (20,5401
Comparative nel movem6nt in funds, included in the above are as follows..
Incoming ReSoUr￿S
resources
expended
Movement
in funds
Unreslricted funds
General fund
62.388
(78,471) {16,083)
TOTAL FUNDS
62,388
178,471) {16,083)
A current year 12 months and prior year 12 months combined position Is as follows..
Net
movgment
At 1.1.19
In funds At 31.12.20
Unrestricted funds
General fund
(4,457)
18,896) {13,353)
TOTAL FUNDS
14,457)
(8,896) (13,353)
Page 8

NDON SHARAD UT
Not s to the Finan
or the Year Ende
I Statements - continued
31De
r 2020
MOVEMENT IN FUNDS - contlnued
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows..
Incoming Resources
resources
expended
Movement
in funds
Unrestr•cted funds
General fund
117,735
1126,6311
{8,896)
TOTAL FUNDS
117,735
(126.6311
18,8961
Page 9

LONDQN SHARAD
Detaile
Statemen
f Financial Activities
for the Year Ended 31 D
mber 2020
31.12.20
31.12.19
INCOMING RESOURCES
Voluntary income
Membership Fees
Donations
Gift aid
Sponsorship Income
15,200
6,971
6,379
300
9.877
21,194
8.697
14,448
28.850
54,216
Activities for generating funds
Fundraising events
1,657
2,954
Incoming resources from charitsble actlvitles
Charitable Activities
24,840
5.218
Total incoming resources
55,347
62,388
RESOURCES EXPENDED
Charitable activities
Advertising
246
265
Governance costs
Hire of plant and machinery
Accounlancy
2,238
500
1,050
2,738
1,050
Other resources expended
Pula Expenses
Cultural Program Expenses
Storage Costs
Charitable Donations
Venue Hire Charges
Artist Fees
11,058
155
2,777
19,379
3,402
2.390
12,220
3,344
2,457
4,639
25,170
6,343
39,161
54,173
Support costs
Managemerrt
Postage and stationery
Transport Costs
934
300
842
545
1,234
1,387
This page does not fom part of the statutory financial statements
Page 10

LONDON SHARAD UTSAV
Detailed Statement of Financial Activities
for the Year Ende
1 De
ber 2020
31.12.20
31.12.19
Finance
Bank charges
Human resources
Software licences
Other
Food & Refreshment
Other 2
Postag6 and stationery
Travel Expenses
158
133
2.643
13,935
706
1,274
7,520
1,980
7,520
Total resources expended
48,160
78.471
Net incomel{expendlture)
7,187
(16.083}
This page does not fomi part of the ststutory financial statemenls
Page11