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