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2022-12-31-accounts

Pages
Trustees' Annual
Report		 2to3
Statement of Financial Activities 4to4
Summary income and Expenditure Account 5to5
Balance Sheet 6to6
Statement ofCash flows 7to7
Notes to the Accounts 8to 13
Detailed Statement of Financial Activities 14 to 15

Sri Siddhi Vinayak Mandir Trustees Annual Report 05 October 2023 Page 3

for the year ended 31Decem ber 2022
Unrestricted
funds Total funds Total funds
2022 2022 2022 2021
Notes f E E E
Income and endowments
from:
Donations and legacies 16,637 16,637 11,522
Charitable activities 1,586 1,586 696
Other 56 56 4
Total 18,279 18,279 12,222
Expenditure on:
Other 14,962 14,962 7,348
Total 14,962 14,962 7,348
Net gains on investments
Net income 3,317 3,317 4,874
Transfers
between		 funds
Net income
gains/(losses)		 before other 3,317 3,317 4,874
Other gains and losses
Net movement
in funds		 3,317 3,317 4,874
Reconciliation
offunds:
Total funds brought forward 26,050 26,050 21,176
Total funds carried forward 29,367 29,367 26,050

2022 2021
f f
Income 18,279 12,222
Gross income for the year 18,279 12,222
Expenditure 14,962 7,348
Total expenditure
for the year		 14,962 7,348
Net income before tax for the year 3,317 4,874
Net income for the year 3,317 4,874

at 31December 2 at 31December 2 0 22
Company
No.		 Notes 2022 2021
f f
Current assets
Cash at bank and in hand 51,726 47,265
51,726 47,265
Creditors: Amount falling due within one year 10 (22,359) (21,215)
Net current assets 29,367 26,050
Total assets less current liabilities 29,367 26,050
Net assets excluding pension asset or liability 29,367 26,050
Tota I net assets 29,367 26,050
Unrestricted funds
General funds 29,367 26,050
29,367 26,050
Total funds 29,367 26,050

2022 2021
f f
Cash flows from operating activities
Net income per Statement of Financial Activities 3,317 4,874
Adjustments
for:
Dividends,
interest and		 rents from investments (56) (4)
Increase
in trade and other payables		 666 20,734
Net cash provided
by operating
activities		 3,927 25,604
Cash flows from investing activities
Dividends,
interest and		 rents from investments 56
Net cash from investing
activities		 56
Net cash from financing
activities
Net increase
in cash and cash equivalents		 3,983 25,608
Cash and cash equivalents at the beginning ofthe year 47,265
Cash and cash equivalents at the end ofthe year 51,248 25,608
Components
ofcash and cash equivalents
Cash and bank balances 51,726 47,265
51,726 47,265

Fund accoun Fund accoun ting ting
Unrestricted funds These are available for use at the discretion ofthe trustees in furtherance of the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees		 for particular
purposes.
Revaluation funds These are unrestricted
funds which include a revaluation		 reserve representing the
restatement
of investment
assets at their market values.
Restricted funds These are available for use subject to restrictions
imposed		 by the donor or through
terms of an appeal.
Income
Recognition of Income is included
in the Statement
of Financial Activities		 (SoFA) when the charity
income becomes entitled to, and virtually
certain to receive, the		 income and the amount of
the income can be measured
with sufficient
reliability.
Income with related Where income has related expenditure
the income and		 related expenditure is
expenditure reported
gross in the SoFA.
Donations and Voluntary
income received
by way ofgrants, donations
and gifts is included		 in the
legacies the SoFA when receivable
and
only when the Charity has		 unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the SoFA at the same time as the
donations and gifts gift/donation
to which it relates.
Donated services These are only included
in income (with an equivalent
amount
in expenditure)
and facilities where the benefit to the Charity
is reasonably
quantifiable,		 measurable and
material.
Volunteer help The value ofany volunteer
help received
is not included		 in the accounts.
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from revaluing
investments
to market		 value
revaluation of fixed at the end ofthe year.
assets
Gains/(losses) on This includes
any gain or loss on the sale of investments.
investment assets

Expenditure Expenditure
Recognition of Expenditure
is recognised
on an accruals basis. Expenditure
includes		 any VAT which
expenditure cannot be fully recovered,
and is reported
as part ofthe expenditure		 to which it
relates.
Expenditure on These comprise the costs associated
with attracting		 voluntary income, fundraising
raising funds trading costs and investment
management
costs.
Expenditure on These comprise the costs incurred
by the Charity
in the delivery of its		 activities and
charitable activities services
in the furtherance
of its objects, including		 the making of grants and
governance
costs.
Grants payable All grant expenditure
is accounted
for on an actual		 paid basis plus an accrual for
grants that have been approved
by the trustees at the end of		 the year but not yet
pa ICI.
Governance costs These include those costs associated
with meeting		 the constitutional and statutory
requirements
ofthe Charity,
including
any audit/independent		 examination
fees,
costs linked to the strategic management
ofthe Charity, together		 with a share of
other administration
costs.
Other expenditure These are support costs not allocated to a particular activity.

Unrestricted
funds Total funds
2021 2021 2021
Income and endowments from:
Donations and legacies 11,522 11,522
Other 4 4
Total 12,222 12,222
Expenditure on:
Other 7,348 7,348
Total 7,348 7,348
Net income 4,874 4,874
Net income before other
gains/(losses) 4,874 4,874
Other gains and losses:
Net movement in funds 4,874 4,874
Reconciliation offunds:
Total funds brought forward 21,176 21,176
Total funds carried forward 26,050 26,050
4 Income from donations and legacies
Unrestricted Total Total
2022 2021
f E E
16,637 16,637 11,522
5 Income from charitable activities
Unrestricted Total Total
2022 2021
f E
915 915 696
671 671
6 Income from other trading activities
Total Total
2022 2021
7 Other income
Unrestricted Total Total
2022 2021
f f f
56 56

Unrestricted Total Total
2022 2021
f f
9,604 9,604 4,704
Premises costs 4,569 4,569 1,786
Genera
I administrative		 costs 309 309 288
Legal and professional costs 480 480 570
9 Staff costs
No employee received emoluments in excess off60,000.
10 Creditors:
amounts falling due within one year
2022 2021
f f
Loans from trustees 21,400 20,734
Accruals 959 481
22,359 21,215
Restricted income funds:
Net current assets 29,367 29,367
Net debt 47,265 4,461 51,726

for the year ended 31D ecember 2022
Unrestricte
d funds Total funds Total funds
2022 2022 2022 2021
f f f f
Income and endowments from:
Donations
and legacies
16,637 16,637 11,522
16,637 16,637 11,522
Charitable
activities
915 915 696
671 671
1,586 1,586 696
Other trading activities
Other
56 56
56 56
Total income and endowments 18,279 18,279 12,222
Expenditure on:
Other expenditure
9,604 9,604 4,704
9,604 9,604 4,704
Premises costs
Rent 4,569 4,569 1,786
4,569 4,569 1,786
General administrative costs,
including
depreciation		 and
amortisation
Bank charges 65 65
General insurances 184 184 183
Stationery and printing 60 60
309 309 288
Legal and professional costs
Accountancy
and		 bookkeeping 480 480 570
480 480 570
Total ofexpenditure of other costs 14,962 14,962 7,348
Total expenditure 14,962 14,962 7,348
Net gains on investments
Net income 3,317 3,317 4,874
Sri Siddhi Vinayak Mandir
Detailed Statement of Financial Activities
Net income before other
gains/(losses)		 3,317 3,317 4,874
Other Gains
Net movement
in funds		 3,317 3,317 4,874
Reconciliation
offunds:
Total funds brought
forward		 26,050 21,176
Total funds carried forward 29,367 29,367 26,050