Registered number: 1180226
**HINDUISM SPIRITUAL WELFARE ORGANISATON DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **HINDUISM SPIRITUAL WELFARE ORGANISATON Director's Report and Unaudited Financial Statements For The Year Ended 31 December 2021**
## **Contents**
||**Page**|
|---|---|
|Director's Report|1|
|Income and Expenditure Account|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4|
|The following pages do not form part of the statutory accounts:||
|Detailed Income and Expenditure Account|5|
## **HINDUISM SPIRITUAL WELFARE ORGANISATON Company No. 1180226 Director's Report For The Year Ended 31 December 2021**
The director presents his report and the financial statements for the year ended 31 December 2021.
## **Directors**
The director who held office during the year were as follows: Shashi Panday
## **Small Company Rules**
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Shashi Panday Director
25/10/2022
Page 1
## **HINDUISM SPIRITUAL WELFARE ORGANISATON Income and Expenditure Account For The Year Ended 31 December 2021**
|**Notes**
**TURNOVER**
Cost of sales
**GROSS SURPLUS**
Administrative expenses
**OPERATING SURPLUS AND SURPLUS FOR THE**
**FINANCIAL YEAR**|**2021**
**£**
1,774
(650)
1,124
(741)
383|**2020**
**£**
920
(684)|
|---|---|---|
|||236
(62)|
|||174|
The notes on page 4 form part of these financial statements.
Page 2
## **HINDUISM SPIRITUAL WELFARE ORGANISATON Balance Sheet As At 31 December 2021**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Income and Expenditure Account
**MEMBERS' FUNDS**|**2021**
**£**
**£**
13,287
13,287
13,287
13,287
13,287
13,287
13,287|**2021**
**£**
**£**
13,287
13,287
13,287
13,287
13,287
13,287
13,287|**2020**
**£**
**£**
12,904
12,904
12,904
12,904
12,904
12,904
12,904|**2020**
**£**
**£**
12,904
12,904
12,904
12,904
12,904
12,904
12,904|
|---|---|---|---|---|
||13,287||12,904||
|||13,287||12,904|
|||13,287||12,904|
|||13,287||12,904|
|||13,287||12,904|
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Shashi Panday Director
25/10/2022
The notes on page 4 form part of these financial statements.
Page 3
## **HINDUISM SPIRITUAL WELFARE ORGANISATON Notes to the Financial Statements For The Year Ended 31 December 2021**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
## 1.2. **Turnover**
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
## **Sale of goods**
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
## **Rendering of services**
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
## 2. **Average Number of Employees**
Average number of employees, including directors, during the year was as follows: NIL (2020: NIL)
## 3. **Company limited by guarantee**
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
## 4. **General Information**
HINDUISM SPIRITUAL WELFARE ORGANISATON is a private company, limited by guarantee, incorporated in England & Wales, registered number 1180226. The registered office is 36A Birmingham Road, Perry Barr, Birmingham, West Midlands, B43 6NS.
Page 4
**HINDUISM SPIRITUAL WELFARE ORGANISATON Detailed Income and Expenditure Account For The Year Ended 31 December 2021**
|**TURNOVER**
Donations
**COST OF SALES**
Food and subsistence expenses
**GROSS SURPLUS**
**Administrative Expenses**
Computer software, consumables and website
Accountancy fees
**OPERATING SURPLUS AND SURPLUS FOR THE**
**FINANCIAL YEAR**|**2021**
**£**
**£**
1,774
650
(650)
1,124
491
250
(741)
383|**2021**
**£**
**£**
1,774
650
(650)
1,124
491
250
(741)
383|**2020**
**£**
**£**
920
684
(684)
236
62
-
(62)
174|**2020**
**£**
**£**
920
684
(684)
236
62
-
(62)
174|
|---|---|---|---|---|
||491
250||62
-||
|||1,124
(741)||236
(62)|
||||||
|||383||174|
Page 5