2022-09-30-accounts - Vaishnav Sangh Of UK

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		Page
Trustees' Report	1	to	3
Trustees' Responsibility Statement
Report ofthe Independent Auditors	5	Io	7
Statement of Financial Activities	8	Io	9
Balance Sheet	10	Io	12
Cash Flow Statement		13
Notes to the Cash Flow Statement		14
Notes to the Financial Statements	15	to	23
Detailed Statement of Financial Activities	24	to	25

			STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES
		INCORPORATING		AN INCOME AND EXPENDITURE ACCOUNT
			FOR THE	YEAR ENDED	30SEPTEMBER 2022
							London
					Unrestricted	Restncted	Building
				Notes	fund 5	funds E	Fundf
INCOME AND ENDOWMENTS			FROM
Donations and legacies					584,515		19,733
Investment income					59,927
Total					644,442		19,733
EXPENDITURE ON
Raising funds
Raising donations	and legaaes
Charitable activities
Chantable costs					210,547
Governance costs					4,980
Other					298,737		160,377
Total					514,264		160,377
NET INCOME/(EXPENDITURE)					130,178		(140,644)
RECONCILIATION	OF FUNDS
Total funds brought	forward				364,017		2,245,147
TOTAL FUNDS CARRIED		FORWARD			494,195		2,104,503

							2022	2021
						Leicester
						Building	Total	Total
						Fund	funds	funds
					Notes	6	6	6
INCOME AND ENDOWMENTS				FROM
Donations	and legacies						604,248	380,312
Investment		income					59,927	61,114
Total							664,175	441,426
Charitable		activities
Donation Charitable	paid costs						210,547	34,386
Governance		costs					4,980	7,020
Other						10,806	469,920	389,185
Total						10,806	685,447	430,591
NET INCOME/(EXPENDITURE)						(10,806)	(21,272)	10,835
RECONCILIATION			OF FUNDS
Total funds		brought	forward			469,426	3,078,590	3,067,755
TOTAL FUNDS CARRIED FORWARD						458,620	3,057,318	3,078,590

		VAISHNAV SANGH OF	UK CIO REGISTERED N	UMBER' CE0175	13
			BALANCE SHEET
			30 SEPTEMBER 2022
						London
				Unrestricted	Restricted	Building
				fund	funds	Fund
			Notes	6	8	6
FIXEDASSETS
Tangible	assets		12	108,132		3,884,061
CURRENT ASSETS
Debtors			13	60,013		44,267
Cash at	bank and	in hand		358,363
				418,376		44,267
CREDITORS
Amounts	falling due within one year		14	(32,313)		(283,410)
NET CURRENT ASSETS				386,063		~239,143)
TOTAL	ASSETS	LESSCURRENT LIABILITIES		494,195		3,644,918
CREDITORS
Amounts	falling due after more than one year		15			(1,540,415)
NET ASSETS				494,195		2,104,503

		VAISHNAV	SANGH	OF	UK CIO REGISTERED NUMBER: CE017513	UK CIO REGISTERED NUMBER: CE017513	UK CIO REGISTERED NUMBER: CE017513
				BALANCE SHEET - continued
					30SEPTEMBER 2022
							2022	2021
						Leicester
						Building	Total	Total
						Fund	funds	funds
					Notes	8	8	8
FIXEDASSETS
Tangible assets						458,620	4,450,813	4,559,815
CURRENT ASSETS
Debtors					12		104,280	98,941
Cash at bank and in hand							358,363	224,693
							462,643	323,634
CREDITORS
Amounts falling due within one year					13		(315,723)	(196,090)
NET CURRENT ASSETS							146,920	127,544
TOTAL ASSETS LESSCURRENT			LIABILITIES			458,620	4,597,733	4,687,359
CREDITORS
Amounts falkng due after		more than	one year		14		(1,540,415)	(1,608,769)
NET ASSETS						458,620	3,057,318	3,078,590
FUNDS					16
Unrestricted funds.
General fund							494,195	364,017
Restncted funds
London Budding	Fund						2,104,503	2,245,147
Leicester Building	Fund						458,620	469,426
							2,563,123	2,714,573
TOTAL FUNDS							3,057,318	3,078,590

					CASH FLOW STATEMENT
			FOR		THE YEAR ENDED 30 SEPTEMBER 2022
						2022	2021
					Nates	5	8
Cash flows from	operating		activities
Cash generated from operations						158,890	244,379
Interest paid Tax paid						(52,253) 205	(51,525) ~205)
Net cash provided	by operating activities					106,842	192,649
Cash flows from	investing		activities
Purchase oftangible fixed assets						(24,296)	(15,759)
Interest received						41	67
Net cash used in	investing	activities				~24,255)	~15,692)
Cash flows from	financing		activities
Loan repayments	in year					(116,164)	(105,304)
Net cash used in	finanang	activities				(116,164)	(105,304)
Change in cash	and cash		equivalents	in
the reporting period						(33,577)	71,653
Cash and cash equivalents			at the
beginning ofthe	reporting		period		2	224,693	153,040
Cash and cash equivalents			at the end	of
the reporting period					2	191,116	224,693

ACTIVITIES
					2022	2021
					F	6
Net (expenditure)/income		for the reporting	period (as per the Statement
of Financial Activities)					(21,272)	10,835
Adjustments for:
Depreciation charges					133,300	111,726
Interest received					(41)	(67)
Interest paid					52,253	51,525
(Increase)/decrease	in debtors				(5,544)	65,923
Increase in creditors					194	4,437
Net cash provided	by operations				158,890	244,379
ANALYSIS OF CASH AND		CASH EQUIVALENTS
					2022	2021
					6	F
Cash in hand					1,177	1,504
Notice deposits (less than 3months)					357,186	223,189
Overdrafts included	in bank	loans and overdrafts		falling due within one year	(167,247)
Total cash and cash	equivalents				191,116	224,693
ANALYSIS OF CHANGES		IN NET DEBT
				At 1.1021	Cash flow	At 30.9.22
				F	6	6
Net cash
Cash at bank and in	hand			224,693	133,670	358,363
Bank overdraft					(167,247)	(167,247)
				224,693	~33,577)	191,116
Debt
Debts falling due within 1 year				(163,970)	47,808	(116,162)
Debts falling due after 1 year				(1,608,769)	68,354	(1,540,415)
				(1,772,739)	116,162	(1,656,577)
Total				(1,548,046)	82,585	(1,465,461)

DONATIONS AND	LEG	ACIES
				2022f	2021 5
Donations - General	income for manoraths			567,384	360,812
Other Income				21,360
Building Fund collection		—London	Haveii	15,504	19,500
				604,248	380,312
INVESTMENT INCOME
				2022 6	2021f
Rents received				59,886	61,047
Deposit account interest				41	67
				59,927	61,114

T COSTS
	Unrestricted		Restricted	Total
		8	8	8
Premises costs		96,564		96,564
Wages		97,910		97,910
Health 8 Safety		2,124		2,124
Insurance		15,523		15,523
Other costs		26,829		26,829
Finance charges		5,750	52,253	58,003
Depreciation		14,271	118,930	133,201
Repairs and renewals		19,658		19,658
Computer costs		2,351		2,351
Legal and Professional	fees	7,177		7,177
Advertising		10580		10580
		298737	171 183	469 920

NANCE	COSTS
		Unrestricted	Restricted	Total
		f	6	6
Auditors	remuneration	4 980		4 980

STAF	F COSTS
		2022f	2021 7
Wages	and salanes	96,903	102,719
Other	pension costs	1 007	921
		97,910	103,640

						2022	2021
Management						3	3
Pnests						3	3
No employees received emoluments		in excess of660,000
COMPARATIVES FOR THE STATEMENT OF FINANCIAL				ACTIVITIES
					London	Leicester
		Unrestricted	Restricted		Building	Building	Total
		fund	funds		Fund	Fund	funds
		6		6	8	f	6
INCOME AND
ENDOWMENTS FROM
Donations and legacies		360,812			19,500		380,312
Investment income		61,114					61,114
Total		421,926			19,500		441,426
EXPENDITURE ON
Charitable activities
Charitable costs		34,386					34,386
Governance costs		7,020					7,020
Other		243,277			136,128	9,780	389,185
Total		284,683			136,128	9,780	430,591
NET
INCOME/(EXPENDITURE)		137,243			(116,628)	(9,780)	10,835
RECONCILIATION	OF
FUNDS
Total funds brought	forward	226,774			2,361,775	479,206	3,067,755
TOTAL FUNDS CARRIED
FORWARD		364,017			2,245,147	469,426	3,078,590

TANGIBLE FIXED AS	S		ETS
					Fixtures
			Freehold		and		Computer
			property 8		fittings F	Artefact 5	equipment f	Totals F
COST
At 1 October 2021			4,580,937		168,040	49,599		4,798,576
Additions					16,408	7,149	739	24,296
At 30 September 2022			4,580,937		184,448	56,748	739	4,822,872
DEPRECIATION
At 1 October 2021			183,238		45,603	9,920		238,761
Charge for year			91,619		36,051	5,529	99	133,298
At 30 September 2022			274,857		81,654	15,449	99	372,059
NET BOOK VALUE
At 30 September 2022			4,306,080		102,794	41,299	640	4,450,813
At 30 September 2021			4,397,699		122,437	39,679		4,559,815
DEBTORS:AMOUNTS		FALLING DUE		WITHIN ONE YEAR
							2022 f	2021 8
Outstanding pledges							11,900	12,200
Other debtors							5,504	2,500
Tax								205
Accrued income							43,609	39,026
Prepayments							43,267	45,010
							104,280	98,941
CREDITORS: AMOUNTS			FALLING DUE WITHIN		ONE YEAR
							2022	2021
							5
Bank loans and overdrafts			(see note 16)				283,409	163,970
Trade creditors Social security and other Pensions			taxes				3,998 2,186 200	9,039 1,791 191
Net wages								5,104
Accruals and deferred	income						25,930	15,995
							315,723	196,090

				NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022
14.	CREDITORS: AMOUNTS			FALLING DUE AFTER MORE THAN ONE YEAR
							2022	2021
							F
	Bank loans (see note 16)						1,540,415	1,608,769
15.	LOANS
	An analysis ofthe	maturity		of	loans is given below
							2022	2021
							f	8
	Amounts falling due within			one year on demand:
	Bank overdrafts						167,247
	Bank loans						116,162	163,970
							283,409	163,970
	Amounts falling between			one	and	two years:
	Bank loans - 1-2years						116,162	163,970
	Amounts falling due between				two	and five years:
	Bank loans —2-5 years						338,487	491,911
	Amounts falling due in more than					five years;
	Repayable by instalments. Bank loans more 5 yr by			instal			1,085,766	952,888
16.	MOVEMENT IN FUNDS
							Net
						At	movement	At
						1.10.21	in funds	30.9.22
						8	f	F
	Unrestricted funds
	General fund					364,017	130,178	494,195
	Restricted funds
	London Building Fund Leicester Building Fund					2,245,147 469,426	(140,644) ~10,806)	2,104,503 458,620
						2,714,573	~151,450)	2,563,123
	TOTAL FUNDS					3,078,590	~21,272)	3,057,318
	Net movement in	funds,	included			in the above are as follows:
						Incoming	Resources	Movement
						resources f	expended 6	in funds 5
	Unrestricted funds
	General fund					644,442	(514,264)	130,178
	Restricted funds
	London Building Leicester Building	Fund Fund				19,733	(160,377) ~10,806)	(140,644) ~10,806)
						19,733	(171,183)	(151,450)
	TOTAL FUNDS					664,175	(685,447)	~21,272)

Compar	atives f	or movement in funds
				Net
			At	movement	At
			1 10.20	in funds	309.21
			6	6	6
Unrestricted funds
General	fund		226,774	137,243	364,017
Restricted funds
London Building Leicester Building		Fund Fund	2,361,775 479,206	(116,628) ~9,780)	2,245,147 469,426
			2,840,981	~126,408)	2,714,573
TOTAL	FUNDS		3,067,755	10,835	3,078,590

			Incoming	Resources	Movement
			resources	expended	in funds
			6	6	6
Unrestricted funds
General	fund		421,926	(284,683)	137,243
Restricted funds
London Building Leicester Building		Fund Fund	19,500	(136,128) ~9,780)	(116,628) ~9,780)
			19,500	(145,908)	(126,408)
TOTAL	FUNDS		441,426	(430,591)	10,835

A curren	t year 12	months and prior year 12 mo	nths combined position is as follows:
				Net
			At	movement	At
			11021	in funds	30.9.22
			F	6	f
Unrestricted funds
General	fund		226,774	267,421	494,195
Restricted funds
London Building Leicester Building		Fund Fund	2,361,775 479,206	(257,272) ~20,586)	2,104,503 458,620
			2,840,981	~277,858)	2,563,123
TOTAL	FUNDS		3,067,755	~10,437)	3,057,318

A curren follows:	t year 1	2 months and pnor year 12 m	onths combined net movement in fu	nds, included in th	e above are
			Incoming	Resources	Movement
			resources	expended	in funds
			5	6	6
Unrestricted funds
General	fund		1,066,368	(798,947)	267,421
Restricted funds
London	Building	Fund	39,233	(296,505)	(257,272)
Leicester Building		Fund		~20,586)	~20,586)
			39,233	(317,091)	(277,858)
TOTAL	FUNDS		1,105,601	(1,116,038)	~10,437)

		FOR THE YEAR ENDED 30S	EPTEMBER 2022
			2022	2021
				6
INCOME AND ENDOWMENTS
Donations and legacies
Donations —General income for manoraths			567,384	360,812
Other Income			21,360
Building Fund collection	—London	Havex	15,504	19,500
			604,248	380,312
Investment income
Rents received			59,886	61,047
Deposit account interest			41	67
			59,927	61,114
Total incoming resources			664,175	441,426
EXPENDITURE
Charitable activities
Donation paid				501
Catenng expenses			5,197	4,031
Manorath expenses			205,350	29,854
			210,547	34,386
Other
Wages			41,850	55,745
Pensions			1,007	921
Cleaning			3,460	1,329
Health and safety			2,124	2,141
Premises expenses			30,608	6,220
Computer equipment			99
Travel and subsistence			3,224	125
Depreciation offixtures and fittings			36,051	15,147
Depreciation offreehold	property		91,621	91,619
Depreciation of artefacts			5,529	4,960
			215,573	178,207
Support costs
Wages			55,053	46,974
Rent and rates			12,745	5,483
Insurance			15,523	15,465
Light and heat			39,893	18,664
Telephone			4,701	4,906
Postage and stationery			8,617	4,421
Sundnes			20,145	9,319
Advertising			10,580
			167,257	105,232

	FOR THE YEAR END	ED 30SEPTEMBER2022
		2022	2021
		6	6
		167,257	105,232
Bank charges		2,898	2,982
Bank loan interest		52,253	51,525
Repairs and renewals		19,658	15,052
Software licences		2,252	4,984
Loan arrangement	fees	2,852
Accountancy fees Legalfees		400 ~6777	898 30305
		254,347	210978
Governance costs
Auditors' remuneration		4,980	7,020
Total resources expended		685,447	430,591
Net (expenditure)/income		~21,272)	10,835