Charity number: 1181371 **Sri Siddhi Vinayak Mandir** **REPORT OF THE CHARITY AND UNAUDITED ACCOUNTS FOR THE 369 DAY PERIOD ENDED 31/12/2021** **Prepared By:** DNS Associates Chartered Institute Of Management Accountants 382 Kenton Road Harrow, Middlesex England HA3 8DP ## **Sri Siddhi Vinayak Mandir** **FINANCIAL STATEMENTS FOR THE 369 DAY PERIOD ENDED 31/12/2021** ## **TRUSTEES** Naresh Kumar Guru Mahadevan Lakshmi Pachala Mahesh Sethuraman Ragupathy R Raja Raja Sreevats Ramakrishnan Venkataraman Satheesh Krishnamurthy ## **REGISTERED OFFICE** 10 Bronete Avenue Kingsmead Milton Keynes MK4 4LQ ## **CHARITY NUMBER** 1181371 ## **ACCOUNTANTS** DNS Associates Chartered Institute Of Management Accountants 382 Kenton Road Harrow, Middlesex England HA3 8DP page 1 ## **Sri Siddhi Vinayak Mandir** |**ACCOUNTS**|| |---|---| |**FOR THE 369 DAY PERIOD ENDED 31/12/2021**|| |**CONTENTS**|| ||Page| |Report of the Trustees|3| |Independent Examiner's Statement|4| |Accountant's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Accounts|9 to 12| |Detailed Statement of Financial Activities|11| page 2 ## **Sri Siddhi Vinayak Mandir** **TRUSTEES' REPORT FOR THE 369 DAY PERIOD ENDED 31/12/2021** The trustees present their report and accounts for the 369 day period ended 31/12/2021 ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the 369 day period under review was charitable incorporated organisation . ## **STRUCTURE GOVERNANCE AND MANAGEMENT** structure and governance text goes here The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 06/10/2022 Naresh Kumar Trustee page 3 **Sri Siddhi Vinayak Mandir** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE 369 DAY PERIOD ENDED 31/12/2021** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRI SIDDHI VINAYAK MANDIR** I report on the accounts of the company for the 369 day period ended 31/12/2021 . ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of . Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS STATEMENT** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. page 4 **Sri Siddhi Vinayak Mandir** ## **INDEPENDENT EXAMINER'S STATEMENT** **FOR THE 369 DAY PERIOD ENDED 31/12/2021** ## **INDEPENDENT EXAMINERS STATEMENT** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached ................................................... Date: DNS Associates Chartered Institute Of Management Accountants 382 Kenton Road Harrow, Middlesex England HA3 8DP page 5 **Sri Siddhi Vinayak Mandir** ## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF SRI SIDDHI VINAYAK MANDIR, FOR THE 369 DAY PERIOD ENDED 31/12/2021** In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sri Siddhi Vinayak Mandir for the 369 day period ended 31/12/2021 as set out on pages - to (1) from the company's accounting records and from information and explanations you have given us. As a practising member of the , we are subject to its ethical and other professional requirements which are detailed on their website. This report is made solely to the Board of Directors of Sri Siddhi Vinayak Mandir, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Sri Siddhi Vinayak Mandir and state those matters that we have agreed to state to the Board of Directors of Sri Siddhi Vinayak Mandir, as a body, in this report, in accordance with the requirements of the as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sri Siddhi Vinayak Mandir and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Sri Siddhi Vinayak Mandir has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Sri Siddhi Vinayak Mandir. You consider that Sri Siddhi Vinayak Mandir is exempt from the statutory audit requirement for the 369 day period. We have not been instructed to carry out an audit or a review of the accounts of Sri Siddhi Vinayak Mandir. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. ## DNS Associates Chartered Institute Of Management Accountants 382 Kenton Road Harrow, Middlesex England HA3 8DP page 6 ## **Sri Siddhi Vinayak Mandir** **Statement of Financial Activities for the year ended 31/12/2021** |**Income**
Income from generated funds
Income from Investments
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Raised funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestricted**
**funds**
**£**
4
12,218
**12,222**
-
7,348
**7,348**
**4,874**
**4,874**
21,176
**26,050**|**Restricted**
**funds**
**£**
-
-
**-**
-
-
**-**
**-**
**-**
-
**-**|**2021**
**Total**
**£**
4
12,218
**12,222**
-
7,348
**7,348**
**4,874**
**4,874**
21,176
**26,050**|_2020_
_Total_
_£_
_29_
_18,302_| |---|---|---|---|---| |||||_18,331_| |||||_2,770_
_5,487_| |||||_8,257_| |||||_10,074_| |||||_10,074_
_11,103_| |||||_21,177_| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 7 **Sri Siddhi Vinayak Mandir** ## **BALANCE SHEET AT 31/12/2021** ||||**2021**||_2020_| |---|---|---|---|---|---| ||**Notes**||**£**||_£_| |**CURRENT ASSETS**|||||| |Cash at bank and in hand||47,265||_44,157_|| |||47,265||_44,157_|| |**CREDITORS: Amounts falling due within one year**|3|21,215||_22,981_|| |**NET CURRENT ASSETS**|||26,050||_21,176_| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|||26,050||_21,176_| |**CAPITAL AND RESERVES**|||||| |**Unrestricted funds**|**5**||||| |General fund|||26,050||_21,176_| ||||26,050||_21,176_| |For the year ending 31/12/2021 the company was entitled to exemption under section 477|||of the Companies||Act 2006| |relating to small companies.|||||| |The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act|||||| |2006.|||||| The directors acknowledge their 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. ## **Approved by the board of trustees on 06/10/2022 and signed on their behalf by** ............................. Naresh Kumar Trustee page 8 ## **Sri Siddhi Vinayak Mandir** ## **NOTES TO THE ACCOUNTS FOR THE 369 DAY PERIOD ENDED 31/12/2021** ## **1. ACCOUNTING POLICIES** ## **1a. Basis Of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **1d. Allocation And Apportionment Of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. ## **1g. Financial Guarantees** The company has not adopted amendments to FRS 26 in relation to financial guarantee contracts. Where the company enters into financial guarantee contracts to guarantee the indebtedness of other companies within its group, the company considers these to be insurance arrangements, and accounts for them as such. In this respect, the company treats the guarantee contract as a contingent liability until such time as it becomes probable that the company will be required to make a payment under the guarantee. page 9 ## **Sri Siddhi Vinayak Mandir** ## **2. EMPLOYEES** **----- Start of picture text -----**
2021 2020
No. No.
- -
Average number of employees
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£ £
Other creditors 21,215 22,981
21,215 22,981
4. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital.
5. UNRESTRICTED FUNDS
Brought Incoming Outgoing Carried
Transfers
forward resources resources forward
£ £ £ £ £
General fund 21,176 12,222 (7,348) - 26,050
-
21,176 12,222 (7,348) 26,050
6. RESTRICTED FUNDS
Brought Incoming Outgoing Carried
Transfers
forward resources resources forward
£ £ £ £ £
**----- End of picture text -----**
page 10 ## **Sri Siddhi Vinayak Mandir** **----- Start of picture text -----**
Incoming Resources
for the year ended 31/12/2021
2021 2020
£ £
Incoming resources
Incoming resources from generated funds
Investment income
Bank interest receivable 4 29
4 29
4 29
Charitable Activity
Donation 11,522 14,904
11,522 14,904
Charitable Activity 2
Special events 466 3,054
Archana tickets 230 344
696 3,398
12,218 18,302
12,222 18,331
**----- End of picture text -----**
page 11 ## **Sri Siddhi Vinayak Mandir** **----- Start of picture text -----**
Expenses
for the year ended 31/12/2021
2021 2020
£ £
Expenses
Costs of generating funds
Costs Of Generating Voluntary Income
-
Catering cost 2,770
-
2,770
-
2,770
Charitable Activities
Hall hire 1,786 1,375
Accountancy fees 570 480
Insurance 183 182
Bank charges 5 -
2,544 2,037
Governance Costs
Priest cost 4,704 3,050
Temple consumable 100 400
4,804 3,450
7,348 8,257
**----- End of picture text -----**
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