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2022-12-31-accounts

The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048) The Ipswich Hindu Samaj Limited(Charity No 1165048)
Income and Expenditure Account as at 31st Dec 2022 £.p
Income 2022 2021
Rest Unrest Total Budget Rest Unrest Total Budget
Full FamilyMembership 600.00 600.00 600.00 450.00 450.00 600.00
Single Membership 130.00 130.00 150.00 130.00 130.00 150.00
Life Membership - - 1,000.00 - - 900.00
Donations 11,228.38 11,228.38 6,000.00 5,800.99 5,800.99 6,000.00
Gift Aid Tax refund 3,492.55 3,492.55 3,500.00 2,949.85 2,949.85 3,500.00
Fund raising& Localgiving 5,867.60 5,867.60 1,500.00 - - 3,000.00
Restricted Grants - - - -
Unrestricted Grants - - 1,000.00 - - 1,000.00
Interest Received 173.88 173.88 50.00 7.39 7.39 100.00
Rent Received - - 100.00 - - 100.00
PM care donations - 3,647.00 - 3,647.00
Donations for Sustainabilityof Mandir 4,787.25 4,787.25 7,300.00 3,852.65 3,852.65 6,600.00
Total - 26,279.66 26,279.66 21,200.00 3,647.00 13,190.88 16,837.88 21,950.00
Expenditure
Postage 16.92 16.92 50.00 - 0.69 0.69 50.00
Stationary 26.88 26.88 200.00 - 2.69 2.69 200.00
Insurance & Advertising 212.80 212.80 250.00 - 212.80 212.80 250.00
Hire Charges - - 300.00 - - - 300.00
Fund RaisingExps 605.04 605.04 500.00 - 228.43 228.43 500.00
Professional Fees +NIC 109.00 109.00 250.00 - 19.00 19.00 500.00
Phone 501.35 501.35 500.00 - 461.28 461.28 500.00
Membership 100.00 100.00 150.00 - - - 150.00
Maintenance & Cleaningof Premises 220.05 220.05 500.00 - 105.75 105.75 1,000.00
Fixtures and Fittings - - 1,000.00 - - - 1,000.00
Office Furniture - - 300.00 - - - 300.00
Donation 150.00 150.00 - 30.00 30.00
Rent & Service Charges(incl. Insurance) 13,254.16 13,254.16 13,200.00 - 12,781.89 12,781.89 13,200.00
Electric 941.94 941.94 1,000.00 - 768.54 768.54 1,000.00
PM care donations remittance - 3,647.00 3,647.00
Repairs and Enharncement ofpremisses 932.00 932.00 2,000.00 - - - 2,000.00
Restricted Grants Expenses 143.88 - 143.88 694.75 - 694.75
Contingency - 1,000.00 - 1,000.00
Sub-total 143.88 17,070.14 17,214.02 21,200.00 4,341.75 14,611.07 18,952.82 21,950.00
Surplus /(deficit)of Income o v
143.88
-
9,209.52 9,065.64 694.75
-
1,420.19
-
2,114.94
-
-
Total - 26,279.66 26,279.66 21,200.00 3,647.00 13,190.88 16,837.88 21,950.00
Reserve at 1-1-22 1,552.53 73,198.28 74,750.81 2,247.28 74,618.47 76,865.75
Surplus/(Deficit)as above 143.88
-
9,209.52 9,065.64 694.75
-
1,420.19
-
2,114.94
-
-
Reserve at 31-12-22 1,408.65 82,407.80 83,816.45 1,552.53 73,198.28 74,750.81
Represented by :-
SundryCreditors 25.00
-
25.00
-
Other Asset -
Current Bank Account - 167.70
-
Deposit Bank Account 83,841.45 74,943.51
83,816.45 74,750.81 -
Note:-
1. Out of the current Reserve, £36,000 is ring fencecd to cover the cost of Rent, Service charge and Insurane up to the
optionof break of lease date on 5.11.25
2. The balance of the available reserve is intended to fully use against possible purchase of the premises in the future for
the Samaj
C.Patel.Treasurer C Patel
U Patel,Chair U Patel
Examined/ Audited : J Patel J Patel

Chairman’s report:

2022 has been another challenging year and in spite of that , with the help of committee members and volunteers IHS has enjoyed a successful year in organising events, visits from organisations, forging links with wider communities: all of which are good signs of an active and progressive community organisation. Wider Hindu community is beginning to utilise the premises which is great to see and hopefully will continue to do so. As some of founding members progress in life the baton has to be handed over to newer members of the community to take the IHS to higher levels. We hope that new faces to the committee come forward to run the organisation and with it new ideas and greater integration into the wider community.

It is time I feel for me personally to hand the reins over as I feel I have done what I can for past few years. For me there are different challenges to face and I sincerely hope that the IHS goes from strength to strength. I would like to thank each and every one of you for your hard work and support in whatever capacity you have given in running of IHS whilst I have been at the helm. Our culture and values have to be passed on the next generation and the same have to be made aware to the wider community, both of which need hard work persistence.

Thank you ALL once again.