|||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| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ##