S H C A T R U S T E E S A N N U A L R E P O RT 2 0 2 1
R e g i s t r a t i o n # 1 1 6 9 7 0 7
CONTENTS
• Reference and administrative details ……………………2
• Report of the Trustees …………………………………...3
• Statement of Objectives.............................................................5
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Key Activities…………………... …………………………6
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Future Plans....…………………………………………….7
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Vote of Thanks……………………………………...……11
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number : 1169707
Registered & Operational address
St Marys’ Centre for The Communities Byfleet KT14 7LZ
Trustees :
List of Trustees, who served during the year and up to the date of this report were as follows:
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Ritesh Aswaney
-
Shashank Sharma
Bankers :
HSBC (UK) Plc 6 Commercial Way, Woking GU21 6EZ
CashPlus APS Financial Ltd PO Box 71064, London, SE1P 4ZE.
- Gurumurthy Pandit
REPORT OF THE TRUSTEES
The Trustees of SHCA present their report for the year ended 31 Dec 2021.
Reference and administrative information set out on page 2 forms part of this report. The financial statements comply with current statutory requirements spelt out in the CIO Constitution and The Charities Act, 2015. Gross receipts as of 31-Dec 2021 was £8,346.50.
The trustees and office bearers would like to thank the local community and residents of Woking for their support especially towards fundraising for Sewa International.
Sewa International provides free Oxygen Concentrators as life saving treatment from Covid-19 to support needy patients around the world who constantly need oxygen to support normal lung function.
CIO OBJECTIVES
Key Objectives
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Provision common place of worship
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Organising Yoga and Meditation workshops and session to spread awareness of health and wellbeing in the community
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Provision of facilities for religious functions and activities
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Provision of common place for Hindu cultural, educational and social activities
• Provision of understanding and discussion of the basic concept of the various schools of Hindu philosophy and the prime values of the Hindu way of life
KEY ACTIVITIES
| S# | Dates | Event | Purpose | Venue | Attendance |
|---|---|---|---|---|---|
| 1 | 11-Mar-2021 | Shivratri Event | Annual Shivratri event created a fervour amongst the community in association local community and people around Woking |
Online | 20 people |
| 2 | 03-Apr-2021 | Holi Mela | A Colourful theme based event to bring the entire Indian Community in Woking |
Online | 25 people |
| 3 | 05-August-2021 | Krishna Janmashtami | Annual Krishna Janmahstami event which brought in kids in around Woking. |
Online | 20 People |
| 3 | 11-Sep-2021 | Ganesh Festival | Annual Flagship Ganesh event at Woking to provide a flavour of Sarvajanik (community) Ganesh Festival |
Online | 50 people |
| 5 | 06-Nov-2021 | Diwali Festival | Annual Festival of Lights that helped the Woking Community congregate and celebrate the Festival with marked enthusiasm and close the yearly celebrations at peak |
Online | 25 people |
Other than the key activities above, we organised online weekly gatherings, 3 Satyanarayana Puja events, and a Donation Campaign to invite contributions for Sewa International Covid-19 Relief. All events were conducted online as the Byfleet Community Centre was closed due to Covid – 19 Pandemic.
FUTURE PLANS
1. Plan Sustainability : As we plan to grow our earned income to gradually fund more of our core running costs, allowing fundraising to focus on building a temple in / around Woking
2. New Trustees Recruitment : With the onboarding of a new set of trustees, we will be reflecting on strategy and future plans as well as refreshing SHCAs approach to fulfilling the core objectives with renewed vigour and fresh approaches to engage the community
3. Create a Reserves Policy : The Trustees have established a reserves policy that will be reviewed annually at every AGM to ensure that the appropriate levels of reserves are maintained and SHCA is able to continue to fund its activities without unnecessary disruption as a result of peaks and troughs in income
4. Collaborate with other Charitable Organisations by hosting joint events in order to help them realise benefits proportionally and in a supportive manner
THANKS
The trustees wish to thank the members of public, volunteers and registered members for their continued support and contributions. The trustees also wish to thank key individuals and their families who have reaffirmed their faith and trust with SHCA by providing financial support, time and positive energy and to all those who have participated in year round religious activities ……Thank you!
Balance Sheet
Surrey Hindu Cultural Association
As of Dec 31, 2021
| ACCOUNTS | Dec 31, 2021 |
|---|---|
| Assets | |
| Cash and Bank | |
| CashPlus | £19,019.62 |
| HSBC CB 62554364 | £22,853.15 |
| Total Cash and Bank | £41,872.77 |
| Other Current Assets | |
| Total Other Current Assets | £0.00 |
| Long-term Assets | |
| Total Long-term Assets | £0.00 |
| Total Assets | £41,872.77 |
| Liabilities | |
| Current Liabilities | |
| Total Current Liabilities | £0.00 |
| Long-term Liabilities | |
| Total Long-term Liabilities | £0.00 |
| Total Liabilities | £0.00 |
Balance Sheet - Surrey Hindu Cultural Association As of Dec 31, 2021
Created on Oct 15, 2022
Page 1 / 2
| Equity | |
|---|---|
| Retained Earnings | |
| Profit for all prior years | £36,541.08 |
| Profit between Jan 1, 2021 and Dec 31, 2021 | £3,011.75 |
| Owner's Equity | £2,319.94 |
| Total Retained Earnings | £41,872.77 |
| Total Equity | £41,872.77 |
Balance Sheet - Surrey Hindu Cultural Association As of Dec 31, 2021
Created on Oct 15, 2022
Page 2 / 2
Profit and Loss
Surrey Hindu Cultural Association
Date Range: Jan 01, 2021 to Dec 31, 2021
| ACCOUNTS | Jan 01, 2021 to Dec 31, 2021 |
|---|---|
| Income | |
| Direct Public Support - Individual Contributions | £2,467.38 |
| Direct Public Support – Individual Monthly Contribution Sri Satyanarana Puja Event |
£166.14 |
| Direct Public Support – Individual Monthly Contributions (SI/DD) | £606.60 |
| Donations for Covid-19 Relief Sewa International | £5,000.00 |
| Pongal & Lohri Festival | £106.38 |
| Total Income | £8,346.50 |
| Cost of Goods Sold | |
| Account Management Fees | £76.66 |
| Total Cost of Goods Sold | £76.66 |
| Gross Profit | £8,269.84 |
| As a percentage of Total Income | 99.08% |
| Operating Expenses | |
| Bank Service Charges | £253.29 |
| Donations to Other Charitable Institutions | £5,000.00 |
| Website – Hosting Expenses | £4.80 |
| Total Operating Expenses | £5,258.09 |
Profit and Loss - Surrey Hindu Cultural Association Date Range: Jan 01, 2021 to Dec 31, 2021
Created on Oct 15, 2022
Page 1 / 2
Net Profit As a percentage of Total Income
£3,011.75 36.08%
Profit and Loss - Surrey Hindu Cultural Association Date Range: Jan 01, 2021 to Dec 31, 2021
Created on Oct 15, 2022
Page 2 / 2
| Gurumurthy Pandit | Address | ||
|---|---|---|---|
| Business Account | Leodis Send Hill |
||
| Account held under company name: ASSOCIATION, (SHCA) |
SURREY HINDU CULTURAL | GU23 7HW Woking |
|
| Business type:Charity Sort code:08-71-99 Account number:07090051 |
Opening Balance:£18,963.26 Closing Balance:£19,019.62 |
||
| Currency:GBP | From 01/12/2021 to 31/12/2021 | ||
| Date Card ending in |
Description | Amount | Balance |
| 29/12/2021 1884 |
BANK IT-UNIQUE ANTAR UPADHYAYA | £15.00 | £19,019.62 |
| 29/12/2021 1884 |
BANK CAF21122253196CF 21122253196CF | £19.60 | £19,004.62 |
| 13/12/2021 1884 |
BANK CAF21120882445CF 21120882445CF | £11.76 | £18,985.02 |
| 06/12/2021 1884 |
BANK HARDE S B CHARITY | £10.00 | £18,973.26 |
Advanced Payment Solutions Limited (APS), trading as Cashplus Bank, is registered in England and Wales at Cottons Centre, Cottons Lane, London, SE1 2QG (No.04947027). APS is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA under Firm Reference Number (FRN)671140. APS provides credit facilities subject to approval and affordability, and where accounts continue to meet APS credit criteria. APS is authorised by the PRA and regulated by the FCA and the PRA. Our FRN is 671140. Please note, this statement can’t be used to provide proof of your address.
| AccountSummary | |
|---|---|
| OpeningBalance | 22,853.15 |
| PaymentsIn | 0.00 |
| PaymentsOut | 5.00 |
| ClosingBalance | 22.848.15 |
| YourCharitableBankAccountdetails | YourCharitableBankAccountdetails | YourCharitableBankAccountdetails | |||
|---|---|---|---|---|---|
| Date | Paymenttypeanddetaits | Paidout | Paidin | Balence | |
| 28Dec21 | BALANCE BROUGHT FORWARD | 22.853.15 | |||
| 22Jan22 | DR | TOTAL CHARGES | |||
| TO31DEC2021 | 5.00 | 22,848.15 | |||
| 28Jan22 | BALANCE CARRIED FORWARD | 22,848.15 |
| AER | EAR | ||||
|---|---|---|---|---|---|
| CreditInterestRates | balance | variable | DebitInterostRates | balance | variablo |
| Creditinterestisnotapplied | Debitinterest | 21.34% |