## **Trustees’ Annual Report for the period** ## **From 01.04.2022 Period start date To 31.03.2023 Period end date** ## **Charity name: Bedford Hindu Temple and Community Trust** ## **Charity registration number: 1185539** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the Bedford Hindu Temple
and Community Trust are:
To advance the Hindu religion, by the
provision of a place of worship for the Hindu
Community – Shiva Temple.
Activities will include:
• raising awareness and understanding of
religious beliefs and practices
• carrying out religious devotional acts
• carrying out missionary and outreach work
• the provision of places for the community to
use for cultural activities
• the provision of places for the community to
use for health and wellbeing activities.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|Our charity has accomplished its primary
goal of establishing the only Hindu temple in
Bedford. For the benefit of the community,
we are now regularly performing most of the
poojas in the Hindu calendar and
encouraged the members of Hindu
community in and around Bedford to
participate in the Hindu events. With the
community hall getting ready shortly, it will
be ready for use of for additional community
related activities such as health and
education, yoga, meditation etc.
We have set up a community connect group
to handle outreach and missionary activities
such as food donation and charity events
( which were kept on hold pending
completion of phase 1).| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustees have ‘had regard’ and perused
the guidance issued by the Charity
Commission on public benefit in all decisions
that was made by the charity.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|No grants were made during the period .| |Policy on social investment
including program related
investment|Para 1.38|As per the aims and objectives of the charity
all investment and facilities thus far have
been focussed on the social benefits to the
community not only in Bedford but also
surrounding areas.| |Contribution made by
volunteers|Para 1.38|Volunteers in our community have been the
main strength to our charity. Whatever funds
have been raised have been solely from the
contributions from our community members.
Volunteers have been very active in
organising events, assisting in temple events
and form the core of our organisation.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Our charity has fulfilled its primary goal of
setting up and running the only Hindu Shiva
temple in Bedford for the benefit of the
community not only in Bedford but also to
the community at large. Community
members are immensely benefitted from the
various religious and social events
increasing awareness and understanding of
religious beliefs and practices and increased
social interaction leading to general
wellbeing.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 |set||| |---|---|---| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21||BHT raised money through charitable
donation (monthly donation, one off donation
and Hundi donation) and by fund raising
events ( religious activities and cultural
events)
Charitable Donations:
Regular donors -
**£41,274**
Donation Lumpsum -**£**
**7,848**
Small contactless donations**-** **£**
**2,399**
Oferings-Donation Box**£**
**9,085**
Donations-Fund raising events -**£**
**1,992**
Total Charitable Donations
-
**£62,598**
Interest Income -**£**
**432**
Gift Aid Reimbursement**-**
**£15,264**
Total funds raised -
**£78,294**| |---|---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||Surplus funds of £ 33,550 generated during
the year have been added to reserves and
retained which the trustees hope will be a fall
back option in case of unforeseen expenses
or reduction in income for the charity.| |Amount of reserves held|Para 1.22||Book reserves £110,712 up to 31.03.23| |Reasons for holding zero
reserves|Para 1.22||N/A| |Details of fund materially in
deficit|Para 1.24||N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||Trustees do not foresee any uncertainties.| **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
Our charity’s main source of funding is
donations from our community. Some funds
are also raised through community events| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| Other( **Report of serious There are no serious incidents that we incidents** ) **have not reported to you.** ## **Structure, Governance and Management** |Description of charity’s
trusts:||Bedford Hindu Temple and Community Trust| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|The Charity is constituted as a CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Appointment of charity trustees
(1) Apart from the first charity trustees, every
trustee must be appointed for a term of one
year by a resolution passed at a properly
convened meeting of the charity trustees.
(2) In selecting individuals for appointment
as charity trustees, the charity trustees must
have regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Bedford Hindu Temple and Community Trust| |---|---| |Other name the charity uses|| |Registered charity number|1185539| |Charity’s principal address|5, Peel Street,
Bedford MK40 2HX
U.K.| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Harve Swamynathan|Chairperson||Bedford Hindu Temple
and CommunityTrust| ||Dr. Venkataramana
Murty Vusirikala|Vice Chairperson||Bedford Hindu Temple
and CommunityTrust| ||Gunapalan
Valaiyapathi|Treasurer||Bedford Hindu Temple
and CommunityTrust| ||Banumathy Murali|||Bedford Hindu Temple
and CommunityTrust| ||Dr. Kannan Neelagiri|||Bedford Hindu Temple
and CommunityTrust| ||Dr. Raj Kathane|||Bedford Hindu Temple
and CommunityTrust| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details N/A ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** Harve Swamynathan **Position (eg Secretary,** Chairperson **Chair, etc)** **Date** CHARrrY REGISTRATION NUMBER: 1185539 Bedford Hindu Temple and Communlty Trust Financial Statements 31 March 2023 £icefJccountants Excel House 3 Duke Street Bedlord. PAk40 3HR 01234 8605 Bedford Hindu Temple and Community Trust Flnancial Statements Year ended 31 March 2023 Pag• Trustees. annual report Independenl auditorfs report to the members Statement of financial activities Statement of financial position Statement of cash flows 10 Notes to the financial slatements 11 Bedford Hindu Temple and Community Trust Trustees. Annual Report Year ended 31 March 2023 The trustees present Iheir rep￿ and the fina[￿la1 statements of the charity for the year ended 31 March 2023. Reference and admlnlstratlve d•tsll$ Roglstered charlty namo Bedlord Hindu Temple and Communty Trust Charfty rnglstratlon numb•r 1185539 Prlnclpal offlco 5 Peel Street Bedford 8edfordshire MK40 2HX Tho tru*te•s Mr H Swamynathan Dr R Kalhane Dr K Neelagirl Mr B Murali Mr G Valaiyapathl Dr V Vusirikala Ac¢ountants Excd AC￿￿ntants Bets Ltd Structur•• gov•fnanc• and manag•m•nt Appointment of charity tru$toes 111 Apart from the first charity trustees, 8very trustee musl be appointed for a terni of one year by a resdulion pa$$¢d at a properly convened meeting of th6 charity Iruslee$. 121 In selecting individuals for appointment as charity Iruslees, the charity IN$lees musl have regard to the skills, knty￿edge and experience needed for the effective administration of th8 CIO Bedford Hindu Temple and Community Trust Trustees. Annual Report {wJthu• Year ended 31 March 2023 ObJectlv•s and actlvltlas The obJe¢l$ of the Bedford HirKlu Temple arKI Community Trusl are.. To advan¢e the Hindu religion, by the provision of a place of worship for the Hindu Cofflmunty- Shrva Temple. Activities will include.. o raising awareness and understanding ol relvJk)us bel￿ arKI o carying out religious devollonal acts o carrying out missionary and outreach thfyyk o the provision of ￿a¢eS for the communty to use for cultufal actNi￿S o the provision of places for the community lo use for health and wellbeing actNilies Achl•v•m•nt• and p•rformanc• Our charity has accom ￿l$hed As primary goal of eslablishirKJ the only Hindu temple in Bedford. For the benefit of the communrty, we aTr now regularfy performing most of the poojas In the Hindu calendar and encouraged the members of Hin(iu community in and around Bedford lo participale in the Hindu events. With the ¢ommunity hall getting ready SI￿￿y. it will be ready for use of for additional community related actfvitles such as health aThJ education. yoga, mediialion et¢. We have sel up a community connect group lo handle outreach and missK)nary activities such as food donatlon and charity events ( which were kept on hold pending Complet￿ft of phase 1). Flnanclal r•vl•w BHT raised money through charrtable donations and by fund raising events{r6ligious actfvttie8, key workers meal donation. Heritage tours and by Karaoke npJht. 8HT is holding the surplus generated as reserve to invest in a permanent sAace for BHT that could not be met from fvlure income and also lo manage unforeseen finar￿la1 drfficullles lo ben8fici8ries, funders and the public In fvture BHT alm lo focus on women'$ health, involve in looking after the community mental health. arts and craft for children, Yoga for all age groups. Al this moment BHT do not have any uncertainty of any concem. as BHT have feasible Statement of Recommended Practice{SORP).' and also have some reseTre to face unforeseen financial crisis. Trustees, support each other in gNen tsrgel also involve in miew and re-review until it gels accompllshed. BHT trustees have follow Ihe key in their prO￿S are eaty preparatlon. engagement honesty and communication. BHT raised moMy through charitable donallon {monthly donation. one off donalton and Hundi donation) and by fund rarsirwJ events (relpJious actfvrtie$. Key workers meal donation) Tru$toos' re8pon$lbllltle• slat•mfynt The trustees are ￿SPOnsible for prepariro the trustees. report and the financial st8temenls in a¢¢ordance with applicable law and Unrted lQngdom Accounting Standards (Unrted Kingdom Generally Accepted Accounting PractKe). Bedford Hindu Temple and Community Trust Trustees. Annual Report{e¢nfrn Year ended 31 March 2023 The law aPpI￿able lo charities in England an¢J Wales requires the charity trusle8s lo prepare financial slalemenls for each year which give a true and fair vthv of the stale of affairs of th8 chanty and of the Incoming resources and application of resources. of the eharty for that period. In preparing these finaneial statements, the Iruslees a￿ required lo.. select sultsble accounting pdicies and then appty th8m cor￿ls1￿nty.' observe the methods and principle5 in the applicable CharIt￿9 SORP., make judgments and a￿OUntIng 8Stimales that a￿ reasonable and prudent: slate whether applicable UK Accounting Standards have been follo**d, subject to any ma18rial departu￿$ disdosed and explalned in the financial stalemenls. prepare the financlal statements on ￿ going concern basis unless il 15 inappropriate to presume that the charity will continue In buslness. The trustees are responsitAe for k8epirKJ adequate accounting records that are Sufficient lo show and explain the charty's Iransacllons 8nd disclose wrth reasonable accJJra¢y al any time the financlal position of the chanty and enable them to ensure Ihal the finan¢ial statements comply with the Charllles Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trusl Deed. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps lor the pffjventK)n and detection of fraud and olhor irregularities. The Irusle8s' annual report wa$ approved on 21 July 2023 and slgned on behaff of the board of Iruslees by.. amynalhan Trustee INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF Bedford Hindu Templ• and Communlty Trust ON ACCOUNTS FOR THE YEAR ENDED 31 March 2023 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's tru5tee5 consider that an audit is not required for this year (under Section 43121 of the Charltles Act 1993 (the Act)) and that an independent examination is needed. It is my ￿SponsIbl11ty to examine the accounts (under section 43 of the Act}. to follow the procedures laid down in the General Directlons given by the Charity Commission (under section 4317llbl of the Act), and to state whether partlcular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examlnation was carrled out In accordance with General Dlrertions given by the Charity Commissioners. An examinaiion includes a review of the accounting record5 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 account5, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit. and consequentty I do not express an audlt oplnion on the accounts. INDEPENDENT EXAMINER'S STATEMENT In the course of my examination. no matter has come to my attention 1. whlch glves me reasonable cause to believe that in. any material respert, the Iwstees have not met the requirements lo ensure thal '. proper accounting records are kept (in accordance with sectK>n 41 of the Act); and . a¢u)unts are prepared whi¢h vlilh th8 acujunting ro￿Kd$ and comply with the accounting requirements of the Act: or 2. To which. in my opinion, attention should be drawn in Ofder to enable a proper understandin8 of the accounts to be reached. EXCEL ACCOUNTAI￿s IBEDS) LTD Excel House 3 Duke Street B•dford Bgds MK40 3HR Date......... a.8.L.. (13 Bedford Hindu Temple and Community Trust Slatement of Financial Actlvitles Year ended 31 March 2023 2023 Unrestricted fund$ Total funds Incom• and ondowments Donations and legacies Other trading activities Investment income 75.870 1.992 432 75,870 1.992 432 Totsl Income 78.294 78,294 Expendltur• Expendilura on raising fijnds.. Costs of raising donattons and legaues Total •xp•ndlturo 44.771 44,771 44.771 44,771 N•t In¢omo and not mov•m•nl In funds 33.523 33,523 Roconclllatlon of funds Total fijnds broughl forward Total fund• ￿rrI¢d lo￿ard 77,262 77,262 110,785 110.785 The Stalemonl of financial actfvlt￿$ include8 811 gains losses recognised In the year. All Income and expenditure derlve from conlinuing activllbs. Th• n*)tss on p•ys 11 to 15 forni port olth•M fin￿cIal 8tat•monts. Bedford Hindu Temple and Community Trust Statement of Flnancial Position 31 March 2023 2023 Flx8d assets Tangible fixed assets 10 17,167 Current assats Cash al bank and in hand 93,927 Credltors: amounts falllng due wlthln on• y•ar Not Current a8sets 11 309 93,618 110.785 Total ￿80￿1088 currènt Il¥bllltl•8 Funds of thfr ¢harlty Unrestricted funds 110,785 Total charlty funds 12 110,785 These flnancial statements were approved by the board of trustees and authorlsed for issuè on 21 July 2023, and are signed on behalf of the board by.. Mr H Swamynalhan Trustee Th• notss on pages 1110 15 fomi p4rt of these finandal ¥t*temfrnts. Bedford Hindu Temple and Community Trust Stat•m•nt of Cash Flows Year ended 31 March 2023 2023 Cash flows from opgrating actlvltles Nel income 33,523 Adjustments fv." Other interest rec•ivable and simllar income {432} Ch8nges in.. Trad¢ and olher creditors 309 Cash generated from operations 33.400 Interest recelved 432 Net cash from opwating ac1iv1t￿S 33,832 Cash flow• from Inve8llng a¢tlvltl•8 Purchase of larffJible assets Net ¢a$h uséd In Investiry activitles {4,4441 14,4441 N•t Incrw• In ¢ash and ca•h equlval•nts C8•h and cash wulval•nts at btylnnlng of y•ar Cash and c￿h •qulv•l•nts at •nd of year 29,388 29.388 The note8 on pag•s 11 to 15 f•)rni of th￿* financlal 8tateThnts. 10 Bedford Hindu Temple and Community Trust Notes to the Financial Statements Year ended 31 March 2023 General Inforniatlon The charity is 8 public benefit enlity and a registered charity in England and Wales and 1$ unincorporated. The address of th8 principal offi¢e is 8 Russel Clos8. Bedford. Bedfordshi￿, MK41 7GB. Stat•m•nt of ¢ompllanco These linancial statements have been prepared in compliance with FRS 102, 'The Financial Reporting StarKlard applicable in the UK and the Republic of I￿land,. the Slalemenl of Recommended Practice applicable lo charities preparing their a¢counls in a¢¢ordance with the Financial Reporting Standard appl￿ble in the UK and Republic of Iraland IFRS 1021 {Charitie8 SORP IFRS 10211 and the Charities Acl 2011. Ac¢ountlng pollcles Bas18 of pr•paratlon The financial statements have l)een prepared on the hlstorl¢al cost basis, as modrfied by the revaluation of certain financial assets and Irabililies and inve$bnenl properties m6a5ured al fair value through income or expendituro. The financial statements are prepared in slerfing, whth is the furKtional ￿￿Tren￿ of the entity. Going ¢on¢orn There are no material unc•rtainli8s about the ¢haiiWs a￿lIty lo contin￿. Fund a¢¢ountlng un￿strICted funds are avallable for use at the discretion of the trustees lo further any of the chadty's purpos￿. Designated funds ar8 unre$tri¢ted fvnds earmarked by the trugtees for particular future prolect or ¢ommilment. Reslricled fvnds are subjected lo restrictions on their expendllure declared by the donor or through the terms of an appeal, and fall into one of two sub