## **Trustees’ Annual Report for the period** ## **From 01.04.2023 Period start date To 31.03.2024 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 Donatons:
Regular donors - **£53,125**
Donaton Lumpsum -**£ 4,945**
Small contactless donatons**-** **£ 1,828**
Oferings-Donation Box**£**
**5,260**
Donations-Fund raising events - **£**
**4,422**
Total Charitable Donations
-
**£62,598**
Interest Income -**£**
**2,289**
Refund of advance paid**£**
**965**
Gift Aid Reimbursement**-**
**£14,324**
Total funds raised -
**£87,158**| |---|---|---|---| |5Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||Surplus funds of £ 40,531 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 £151,343 up to 31.03.24| |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
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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
MurtyVusirikala|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)** Venkataramana Murty Vusirikala **Full name(s)** Harve Swamynathan **Position (eg Secretary,** Chairperson Vice Chairperson **Chair, etc)** **Date** CtrIARtrY REGISTPATION NUMBER= 1185539 Bedford Hindu Temple and Community Trust Financial Statements 31 March 2024 Bedford Hindu Temple and Community Trust Financial Ststements Year ended 31 March 2024 Page Trustees. annual report oeoendenl auditorfs re(iort to the members Statement of financial activities Statement of financial DositK>n Statement of cash flows 10 Notes to the financial slalements 11 Bedford Hindu Temple and Community Trust Trustees. Annual Report Year ended 31 March 2024 The trustees p￿ent their repryl an¢J the fi￿181 stalements of Ihe chanty for Ihe year ended 31 March 2024. Releren¢e and Bdmlnlstrntl¥• detail Re￿￿er￿d£￿artty name: Bedford HSndu Tefflote and Communitv Trust Ch•rfly Numb•r l*.. 1185539 Prln¢lpal offi￿: S Peel Str881 88dlord edford5hir MK40 2HX Trustees ar•: Mf H Swam￿0th8n Dr R K8lhane Dr K Neelaa Mrs B Mufali Mr G Valawdpalhi Or V V￿￿kala Accountsnts Excel A¢counlanis18edsl Lt(I Excel House. 3 Ouke Strw. Bedlord. MK40 3HP Bedford Hindu Temple and Community Trust Trust6es' Annual RepofT icortttnu Year ended 31 March 2024 ,.)blectlv•5 and actlvlths Tl* obiocts ol the 8edlord Hindu Temple ond CommuThtyTrust wa". To advance Ihe Hindu rel￿10n. by ol a of M)rs￿P for Ihe Hirvju Community- Shi¥ Temple. Actvilies will inclua•-. . r4i&ng awareness and understaTrJiNJ ol relwts bdiets aTrJ pracoces o crn ¢xrt rdoiosJ5 devobonal act$ - Car￿n9 out missK)nary and oulrea¢h work - the provision of placès lor the cornmunity to ILY ¢)JluTrl actswbes o the wvisw)n of pws for Ihe c(JmmuThtyto us¢ for heallh ar¥J Y￿tsn9 ath"MS Achl•v•m•nts and p•rfomin Our charity has 8ccc*mFlk8h¢d rfs goal ol estaA$P¥rwJ the onty Hindu tom￿6 ￿ ￿lord. For tho benefit ol the community. ar8 ncrtv regularfy pwlonnw mosi of the p￿)8$ in the Hindu calendar and encovrag8d Ihe mombers ol Hindu Community in aThJ Bedf¢yd to parts¢ipate in Ihe Hindu events. Wfth the ￿mmunity h811 gelling rtsady sw, it wil b0 ready for US*J of lor addits)n* communily refaled activilies su¢h as heallh aTrJ educalth. w, M￿11811￿ etc. We have sel up 8 (￿M￿nItY connect group lo handle outr&ach and fflis5￿nary a¢1￿ti.¢$ as ft*)d Ilwaltrjn aThJ ctwtyvmits I vhkh were kopt on hold pondir¥J COM￿￿11()rt of Ph￿ 11 Fln4n¢lal rwl•w BHT ra6sed rnon8y thrcrtjgh chorilatts don8kn Imonllty dono1•)n. on• off ￿￿￿t￿)n Donati￿ Box09 and by fund raistThg events 1rdwa￿S aclMiie$, Key Mvkef3 meal donats'onl 8HT 58 holdirrfd the suWus yneraled as wN•sl In • permar*nt IAaco for ÈHT Ihat could not b• m•t Irom futurs intome and afso to rn8n8￿ unlLvese4n financial tlifficulbe$ to beneficiaries. funders and th8 public In fulure BHT awn lo on Itswien's heallh. infve in kxjking aftèr the community mental health. arts aTrJ craft cknAthn. Y(yJa IN ￿ a99 At thls mornenl 8HT *SJ rnt have any wKerlainty 01￿Y ¢(￿CeM. as BHT ha¥e feast$￿ Staternènt of Recommended Pra¢tir*lSORPI". and also have some re5eThe io lace unlcrfe58en fmncial cris Tru51ees'sypport each other in gNen lar9el 8L80 in¥G4¥e in revtw aTrJ re-re￿￿ unbl il 9ets accomk4ishad. 8HT trustoe5 ha¥e fol$￿ thè key ￿ Ih8Y Fyocess ￿ oaty preparnli)n. oThJagom8nt honesty and communication. Truslees. r•sponslb11tt5e¥ *tat•m•nt The trustees are responsible for preparing Ihe truslees. and the finarKial slalemenls In accordance Ih applicabb law and United Kiwjom A￿)unting Star¥Jards {UThted Kingth)tn Genera￿ Accepted A￿Ounting Pracliol. Bedford Hindu Temple and Community Trust Trustees, Annual Report (continued) Year ended 31 March 2024 The law apP1kab￿ to th8ritses in Erykgnd ￿ Wa￿9 r￿ul￿$ the charity trUs￿e$ to wepare finanual sta￿78nts for aach y8ar which give a Irue and fair of the state of affaits ofthe charity and of incoming resources and awlicaiw ol reS￿r￿. ol the rjwity for that pericMJ. In preparing Iheso fin8ncrdl ststemonts. thtr trustees ar8 reqwr•d to.. . select suilabla accountiThJ Fd*ies aThJ Ihen apply Iham tons5slenty. . obsem tho moiiK4Js and Wndp*s In ChariJe¥ SORP.. • make judgments and e¥lwnai05 IJ￿1 ar¥J wLK1¢nL ' 618le wI￿ther applicablo UK AtttyJntir4J Sl8ThJ¥d5 have Idlow*d, subloct to any material dèpartures dls¢losed 8ThJ ¢Wa￿ad In th• (mr￿1 Stalem￿.. ' prepare the financial sthiemtsnts o>rvJ caKern is inapwopnats ￿ wosum• that the charity ¢onbnug in ￿j$#)￿S. The Iruslees arg r•sponSi￿e for ke￿r￿j thyewate 8co)unting r•ttrfds that ar8 surr￿￿&￿t lo show and explain the charty$ transaetions dischjse r6asonabSe Bccur8cy al any time the finan¢kql p)srtion ol Ihe Charity and 8nat4• Ihem to en%%e thai the fin8nG•al s￿￿￿ents c(Mnpty the Charities Acl 2011. the ap[Al￿tIO char￿0$ (Awwnts aTrJ Rep￿ts1 Regulalims. and the provisions ol the Trust Deed. Thoy we also re5FKrf￿bl• f¢y safewardiThJ lh• assets of the chanty and hen￿ Tor lakin9 roasonat4e step$ lorthe WeVenti￿ 0￿j t1etedion ol fraud and olhef irrepularl￿. The Iruslees, annual r•oort wa8 apwoved on 2nd 2024 8Th1 s*n8d on be￿1 ol Iht bowd ol MrH Trusteo Bedford Hindu Temple and Community Trust Inde endent Examiner's re ort to the Trustees Year ended 31 March 2024 Con*thutkin •nd dm• ofth• th• Rup•¢iiv• R•¥poNblblllll•* of Trn•l••B *nd hvlwnd•ffl t¥•mtr A5 th• Tru8t*¥ ￿ Bedkyd Hmdu T•mF4e are re¥￿$ble l¢y th• CW8i¢Jer that Ihè 8￿rt requmneni d seC￿n 43121 oltr* Chart￿ 19931V* Acii does fy)t appty 11 * my r•spon51bthty 10 Issue this repm ¢)n accounts In the ietms of 25 Regulat 7 01 Chante$18¢eounts and reponsi RegU￿t￿$ 1995 aThJ Stsle. b•31$ of prttèjures specfvd In Ihfr G•nèral OY8Chons gwen by Chanty, p*K44r maiiws h￿c￿n8 ￿ my att*itw. of knd•p•nd•nt Ey•nth•f• R•port My •￿M￿alK)n was carr￿ tyjl In ￿¢￿thnee th* Dirte*ttns iythe Chanty Commas8b)n under S•ctson 43171 Ib} ol the Aci examinakn I￿udeS a rnvThv of the accwbng rtctyds k•pi ty thé 8edlord Hinou TemrA• and a ctympan50n of thè *o￿ntI wth those r•cord$ h a180 C(Nlsideratyons ol any unusual I￿rnI L¥ dixS)sur•s m the and seekwoj exF4anakns you trustee¥ eoncerniTro any m8rer¥ Th• ￿¥0￿dureS L4knj•￿en do wowje 8U th• •Mdence be rw4u11￿ In any au(1rt 4nd I doThJl expwi ats ownui ￿ thè Trrnv tyvefi by Ihd•p•nd•ni EX￿￿n•￿$ 8t*t•nwt . propWacthr￿fya are ktpl Im 4101 . %cwnt¥ w• w•pared whth •gre•wih the ¥ty)untyry r•¢L¥ds •(%￿ntr￿ rnquir*m•nt¥ d th•*d. c 21 To In rnyoF4nth. atténkn S￿)Ubj bé ryd•rto kyopw Excel Ac￿n￿nIs IB¢dsl Lld Exctl Hau5e. 3 Ou*e Streei Bedlord MK40 3HR House 3 Slreel Bethoro Mk40 3HR 01234 86059) Fcc Bedford Hindu Temple and Community Trust Statement of Financial Activities Year ended 31 March 2024 Unrtelrf¢W Total Fund• Fund¥ 2024 2023 In¢omln9 R•sourc•J Cknations and 18gac*s Other trajing acti￿￿8$ Inv8slment Inwi& &ft Aid Grants Rclunds Tot*1 Incomlng 65,620 60.606 1.992 432 14.325 15.264 87.159 78.294 Exp•ndllUM Expenéilure on rai&ng fund$. t ol raisino d￿al￿Th and189 46.627 44.771 Total Exp•ndltur• 46.627 44.771 N•1 Incom• and n•1 rnov•m•nl In FuAd• AO.532 40,532 33 523 Reconciliation funds Toial lunds brought forw4rd 110.785 110,785 77.282 151.317 151.317 110.785 The statement of financial activities includes all 8ains and losses reco8nlsed in the year. All income and expenditure deri¥e from contin￿￿ zctlfft￿$. Bedford Hindu Temple and Community Trust Statement of Financial Position 31 March 2024 2024 X+23 Flxed Assfrts Tanoible fixed assot$ io 23.155 17.167 CurT•nt Asul¥ Income Tax on Gift Rewverablo Cosh at bank and in harKI 129,782 93.927 Cr¢dltors: amount duo wlthln on• year Cr8dilors.' 8mwnts laling (h18 li 1.621 309 vl•t CuTh•nt A•J•t• 128.162 93.618 Total as¥•ii I￿% cuTh•nt114bllltbos 151,317 110.785 Fln•nc•d by.. Unreslrfcted Fund Reslrict8d Funds 151.317 110.785 Total Fund• 12 151.317 110.78i These financial ststemenls We￿ wved ty the b)ard and aul￿￿ed for wu8 on 2 Jur* 2024, and are si ned on behaNof Ihe t¥)ard Mr H Swarnynalhan Trusle? Bedford Hindu Temple and Community Trust Statement of Cash Flows Year ended 31 March 2024 2024 C•sh Il¢>ws from ¢yr•tlng •¢tl¥lll•% Net irKrMn• 40.532 AdJ'usbn8nls for. Cxher interest raceNabkn a￿1 sknlar -2.289 Ch8n￿S in.. Trnde ar￿ ¢Jlhtr cr•Jitcrt 1,312 Cash generated Ifom 39,554 toml ie¢efvod 2.289 Net cash wrairy o¢Jth"es 41.843 C•sh flows Irom inve•ting a¢ll¥i¢l•• Purchase of ￿ngIble assets -5.988 Net cash us•J In Investi￿ acts￿￿* Net Incr•ase In cash and ￿*h •pulv•l•nts ash and cash •qul¥alents at beglnning ol year 3S.855 Cash and cJ•h •qulval•nt• at end olyoaf 3S.85S Bedford Hindu Temple and Community Trust Notes to the Financeial Statement5 Year ènded 31 March 2024 -Gon•ral Infomiallon The charity is a wblic benefit enlty and a registered charity in EngfaThJ and Waes and is unincorporaled. The address ol the pm¢1￿ olfKe is S PÈel Street, Bedlord. BedfordshwÈ. MK40 2HX. I Stalom•nt of comollanee These financial stalements hav8 teen prepared in crynTlkgnce With FRS 102. The Financial Reporting StaThJard apoltable in the UK and Ihe R¢outyt ol Irelarkfj,. the Stalement of Recommended Practice appliG8bie to charities wepaisn9 thew Kcc*Jnts in aCCordar￿e witn ¢he Financial Rep)rtiNJ Standard appkable in Ihe UK and of Irdaod IFRS 1021 ICh3rili0s SORP {FRS 10211 and the Charbli8s 2011. 3. ￿cOUntIng pollel•* 8asls ol pr•oaratloD The financi?1 statements havè been ￿parerf the hlst(rfi¢al cost b&stS. 85 modiffftl by Ihe '•vaiuaD"on of certain financial as58ls aTrJ Iwbimios and inveslment propthes rne85urod at foir V8lu• thr￿9h in¢4me or eyp¢NUlur•. The fvianclal slatoments *• wepwed kn S￿*¥a, Is Ihe I￿11)nal ￿jrr￿CYOt the entity. aolng ¢onc•rn There arn matonal unwtainties 8brArt I￿ dwritys abltyto cwlkw. Fund x¢ountlng unreStr￿d funds are av8d8blo for us• ai th• tnjsthes ¢0 further anv ol charivs purpos•s. Oesw4nat8d luThJ¥ are urweglm.cted •afmark•J ty th¢ tr￿tee5 lor partitrjar fulure FYoJe¢t or commitment. Restsiciod funds ere subjected lo restridions C￿ thew exoeThJiluffj dectwed bv the dorKJr o. Ihrough the lerms of an appeal. fall into orva of Iwo srtrtL8S5e5.' ieslrictod Iricoriio funds or èndowment lunds. Bedford Hindu Temple and Community Trust Notes to the Financial Ststernents iwtht•dJ Year ended 31 March 2024 3. Accoun¢lng poll¢l¢s (¢ontlnuodl Incomlng ￿sO￿Tee$ .111 incoming resource5 are kthjwj in the statement oi f￿*a￿al aclMi*5 enlllknient hos passad to the chanty, il Is proba￿tr thal ihe economK benefits 8SSOCiated with the transactsm ¥￿1 flow to the charity aThJ the amount can b& rd4Wm¢asur•d. T￿ fo*yth"ry $Fe£rf￿ pckns are apFI￿1 lo par￿QjLqr C8leg0ri8s of Incomé . incomé from 9ranls L% recogntsed ttthi is e¥40enc4 of wrtiuemenl lo the gift. receipt i¥ prOba￿e an¢J its amtrjnt can be maasui8d r8l*t4y. . lryacy ir￿orne15 reC￿thd rttopt il probabl• ontitiement 1$ esWthod. . incwne from ¢S*)ètsd gcty>Js Is measwed 81 the lair value ol the urt￿8 Is Impracitsl io measure relrabty. In whith case the value is demieil frrmn Ihe (Thl lo the dcffl¢￿ or Ihe estimatad resale value. Donated facilibes and Servw are retNJnised in the acc(*Jnts I￿¢￿ed rf the value Can t reliably m?asur8d. No amtsJnt5 are inchjd￿ lor Ihe contri>Ulic￿ ol ger￿al volunlew5. ' Income from contracts for th¢ supptyof i8 re¢owws¢d *ith the delr¥ery of tho contracted serv¢￿. This Is ¢18$sif*d as l¥￿tricIed unkns ￿re 1$ 8 C(*btwlual req￿rement for it to be spent on a parlKular puryose and re¢umed il unspent. in whth ease it may be regarded as re$lricied. R••ourc•• •xp•nd•d ExpenditsJr8 15 recognised ￿ on accry￿￿ baso as a liablty is in￿rTed. Expenditure int￿deS aThy VAT %thith cannot ￿ lulty recovered, and is daurfknd wder of Ihe Statement of r￿n¢￿al aclivities ¢0 which It relates.. * expenditure on raisitvJ luThJs Ind￿)95 the ￿sts ol al athli89. wents, n￿chants￿e Iradirg acbwbes. and Iho Sè￿ of donated gxK#J5. 4 expenditure on charitable aclvth5 Indude5 all cosls by a ¢h8nty in undertaktng actiwbes thei fvrther its charitaL4e aims Ihe ol rts berffjficiaries. Nludwy thr)se supp(*1 ￿$ts and cosls relabng lo Ihe governance ol Ihe charity apportKy￿d lo charilabkn xtivfv5. . 0¢h￿ expendrture indudos al *xpen¢Jitin Ihal 15 relaled lo I￿￿J$ lorthe charty nor part of its ex￿￿11¢Ure on ¢harilable #cli￿￿8& l Costs are al*xaled to expendilure Catego￿S refie(*ng the use ol the r05wrcÈ. Di￿1 wsts attributatA8 10 a single ￿t￿ty￿re alkxa18d di¥8cbyto thal actiwty. Shared Costs afe apP￿0￿j beh%￿n the acti¥ilies io a ￿aS￿ble. ws15fiab￿ and consistent bas￿. Tart9lbl• •ss•ts Tangible assets a￿ Initialty recorded at cost. and stknsewttyslaied at C051 less ary accumulated deprecialion and irnpairmenl bsses. Any laThJib￿ assets 81 revalued amwrtts afe recorded al the lair value al the date of revaluat￿ less any subsewenl ￿MUla￿d d8swectsqlK)n aThJ subseovert accumulaled iThDairment h)Sses. Bedford Hindu Temple and Community Trust Notgs to tho Financial Statemonts Year ended 31 March 2024 3. Accounting poll¢lfrs f¢oniinrKdJ T*nglbl• as8•1¥ i¢oTriinu•O) incréase in IhÈ carrying arnounl of an ass81 as a rèsLdl of a revalualin. Is recA)grMstd in other recognised gains and losses. unless il reverses a charge IfK 1ft4Jainnenl that has prevthsly 088n rec(yJni50d a$ expenditure within the 51alernent of fmanual activities. Ath(￿a5e in the carwTrJ amwnl ol an o55el a$ a resutt ol revalualion. 1$ recogni5￿1 in ¢)ther rocojnised wns anrf105￿. excopl lo which it offset$ any w6VI(KJ5 re¥aluaDon gatn, In whth ¢ose Ihe ILXS *ilhin other rec£#Jnis8d 98IM and sses on the stalement of (*￿n¢131 acliviues. Impalfm•nt offlx•d wds•ts A review lor Indi¢aiors ol impa¥wi is carfled (xjl at ￿ch repmi￿ ¢Jale. the fecoverable Brnounl ing 8$1iftwied ¥vherg such indicaim oxisl. Where Ihe ¢affwng vtho ex¢8eds the reco¥¢rabb am(xmL Ihg a$50t Is Inwired acc¢ydiryty. a80 FO)ssth r6*rn81 al reporting dale. For Ihe purF4)8•8 01 iryalrnwrt t•skng, ¥rt*n11 pomltde lo wtimbto the rK0￿rable gfftyjnt ol an Individual ossel. an estlmalels made ol the wtwerthe ￿￿￿nI d Ihe cashllgen¢falir¥J unil to whlch Iho ssel belongs. The cash*er*rnDry unrt is smallosl ideffttyfia￿e gr¥yJp of asse15 th81 Include5 Ihe assel 8NJ generatss cgsh inlhywJ that 01 th8 cash irdlr**s olhw assèts ¢Y grwps ol a5sels. For inwinnent 188tlng of goothwll. Ihe bus4n8ss c￿nakn r4. frtyn the 8cqui$itiw dale. allocated to eo¢h of Ihe caswnew that are expected lo benefit Irom the lyr￿￿188 of Iho of ¢kn•ss•ts or li•bili*e8 of the chantywg assigned to Iho$o unils. Fln•n¢l•l InitrumMts A financid assel or a Ii*hty is i¢¢wwsed ¢xty th• b¢ctyn*s • P•ty ks ¢tyiira¢tyJal pwsiom of tho imtrumonl. 885iG finan¢ial in$trum•nts •r• in1￿•11Y r•wr¥Md at Iho ¢y p•y8bl• indudirvJ arby reLqted Iransact￿n costs Currenl assets aTrJ cwrenl lialMhbfrS arn iuba•q• m•aSW￿ al ts cash c*ther cLMkl￿a￿0n •xp8cted lo be paid or re￿[¥¢￿ and Debt instrurnnts arn sub$eqwnty rr*osw¢(181 gm￿￿$¢4 COSL Where tnvesimoAts in sharos aro pu¢41¢ty Ir&Jgd ortheir fair valu& can olh8Ms& be nwaswod r61iabty. th& In￿lment Is subsequenty rnea5ured at fair ¥alJ8 wilh tharw in faK valvg r8CC4Jnised in irKom• and 8XP8ndilure. All othBr such iThv6slm8nL8 SubseqL￿)ty maswed al cost ￿$$ irryairn*nl Other flnan0￿ in51rurrents. in¢lKllrvJ deriv•Ow ore re¢r4nhed at I￿r ￿Ue. unless payft*nt f an a5sel is dÈfetyÈd be￿nd norma tyjsimss terns or fina￿ed at 8 rate ol intwesl that is not a rnartat rate. In which case Ihe asset is rr*a5wed al Ihe presenl value ofthe fututs Pay7r￿lS diswjnted al a Ma￿81 rate of inlerest lor a s*debl ins¥￿￿1. Other financial inslruments are 5ubsequenlty al lair with any d￿rge5 rec¥4nised In Ihe stalemerbt of finan¢Aal ac*TrAies. th8 exception ol he(kJw in51ruffwts ￿ a d6swal8d hedgirKJ relalionship 15 Bedford Hindu Temple and Community Trusl Notes to the Financlal Statements Y•ar ended 31 March 2024 3. kcountlng polici¢s (contlnu•dl FInan￿al InstrnmBnl• (contlnuédj Finanoal a55ets that are m&asured 8t cost OraMts￿5ed c05t are revitr￿d lorf*"ec•¥e ewdenc* ol IMpai￿ent at lh8 eTh1 of each raF¢)rI￿￿ dale. If there Is d)hB¢INe of irnpairrnenl, an impai￿?￿1 bs$ is Trcc¥Jnis8d n¢Jer the 8ppfopiiaie h8ading in slatemenl offKwal ￿1¥11•9$ Ihg inilid gain was r6¢0gnised. For all equity instruments re9ardths ol svJnifi¢ance, other fwniial assets Ihal 8r¢ ￿divIduallY signifi¢ant. Ihese are assessed iTrJThi1du￿1YI¢￿ impa¥￿1. Other finantial assets are erfher assessed w¥Jividually Of groupod on the bask8 ofwrnilw crnd￿l risk char•#erisks. Any reversals ol Impalrrwl ar¢ iec£¥n158d Immedialety, to lh8 •xtsnl th91 Ihe reversal d￿S not result In 4 carrying amourbt cd th8 finamal asset thai ex¢ee¢ts ￿lthO Ca￿ amjnt ha¥6 been had Ihe pairn¢nl not (￿l0￿5ty t4¢n rocwised. Dort•¢￿￿$ and 1•gA¢b•• Totsl Fund• 2024 T•tsl Fund• 202• Oon•¢sons Donallons 75.870 Olh•r tradlng •¢tivttl•¥ yo1￿ Fund• 2024 Tow Fund¥ 2023 Fundrw51r#J events 1.992 Inv••lrn•nT i￿•M• Totsl Funds 2024 Tot*1 Funds 2023 aank inlerest r￿*￿tI• Y289.06 432 Gosts ol Ajslng don•tSpn¥ •nd tspac••& Total Funds 2024 Total Funds 2023 46.627 Bedford Hindu Temple and Community Trust Ilotes to the Flnanclal Statèments Yg•r •nd•d 31 M¥r¢h 2024 8 siaff eo•l• averw4e head count ol 8nwh)ye85 the ￿r￿al Nil. rec•sv¢d ￿k40Y80 benefits OIn￿¢than £60.(rfJ)dur¥wJ y12023.. Nill. TFusl•• r•mun•T*tlon an• •XD•r o remuneration or other benefits fromempl*meni with the ¢harityor a related eniit¥ were recÈl¥td by the Irustets 10 T•Dqlbl• ftx•d •M•l• C¢> AI I AMI 2023 31 March 2024 Addl￿onS 17.167 4t 31 M•rch 2024 ZJ.155 D•pr*datior At 1 Aorll 2023 al￿ 31 March 2024 ¢arrylng •mvunl At 31 March 2024 23.1S5 Cr•d4torn: •moU￿1 hlllnq YAthin on• y•w 2024 1.621 12 An•lyil• of ch•rllabl• lund• Unr•sknri•d lund• At 1 W23 I￿l¥no At 31 Ilarch 2024 UnrosirK1ed fwd 110.785 87.159 46.627 151.317 110.785 78294 44.771 151.317 13 Analysls of chwys In Iirt d•bi 31 Mar 2024 Cosh 81 aThJ in haThl 35.855 129.782 CtrIARtrY REGISTPATION NUMBER= 1185539 Bedford Hindu Temple and Community Trust Financial Statements 31 March 2024 Bedford Hindu Temple and Community Trust Financial Ststements Year ended 31 March 2024 Page Trustees. annual report oeoendenl auditorfs re(iort to the members Statement of financial activities Statement of financial DositK>n Statement of cash flows 10 Notes to the financial slalements 11 Bedford Hindu Temple and Community Trust Trustees. Annual Report Year ended 31 March 2024 The trustees p￿ent their repryl an¢J the fi￿181 stalements of Ihe chanty for Ihe year ended 31 March 2024. Releren¢e and Bdmlnlstrntl¥• detail Re￿￿er￿d£￿artty name: Bedford HSndu Tefflote and Communitv Trust Ch•rfly Numb•r l*.. 1185539 Prln¢lpal offi￿: S Peel Str881 88dlord edford5hir MK40 2HX Trustees ar•: Mf H Swam￿0th8n Dr R K8lhane Dr K Neelaa Mrs B Mufali Mr G Valawdpalhi Or V V￿￿kala Accountsnts Excel A¢counlanis18edsl Lt(I Excel House. 3 Ouke Strw. Bedlord. MK40 3HP Bedford Hindu Temple and Community Trust Trust6es' Annual RepofT icortttnu Year ended 31 March 2024 ,.)blectlv•5 and actlvlths Tl* obiocts ol the 8edlord Hindu Temple ond CommuThtyTrust wa". To advance Ihe Hindu rel￿10n. by ol a of M)rs￿P for Ihe Hirvju Community- Shi¥ Temple. Actvilies will inclua•-. . r4i&ng awareness and understaTrJiNJ ol relwts bdiets aTrJ pracoces o crn ¢xrt rdoiosJ5 devobonal act$ - Car￿n9 out missK)nary and oulrea¢h work - the provision of placès lor the cornmunity to ILY ¢)JluTrl actswbes o the wvisw)n of pws for Ihe c(JmmuThtyto us¢ for heallh ar¥J Y￿tsn9 ath"MS Achl•v•m•nts and p•rfomin Our charity has 8ccc*mFlk8h¢d rfs goal ol estaA$P¥rwJ the onty Hindu tom￿6 ￿ ￿lord. For tho benefit ol the community. ar8 ncrtv regularfy pwlonnw mosi of the p￿)8$ in the Hindu calendar and encovrag8d Ihe mombers ol Hindu Community in aThJ Bedf¢yd to parts¢ipate in Ihe Hindu events. Wfth the ￿mmunity h811 gelling rtsady sw, it wil b0 ready for US*J of lor addits)n* communily refaled activilies su¢h as heallh aTrJ educalth. w, M￿11811￿ etc. We have sel up 8 (￿M￿nItY connect group lo handle outr&ach and fflis5￿nary a¢1￿ti.¢$ as ft*)d Ilwaltrjn aThJ ctwtyvmits I vhkh were kopt on hold pondir¥J COM￿￿11()rt of Ph￿ 11 Fln4n¢lal rwl•w BHT ra6sed rnon8y thrcrtjgh chorilatts don8kn Imonllty dono1•)n. on• off ￿￿￿t￿)n Donati￿ Box09 and by fund raistThg events 1rdwa￿S aclMiie$, Key Mvkef3 meal donats'onl 8HT 58 holdirrfd the suWus yneraled as wN•sl In • permar*nt IAaco for ÈHT Ihat could not b• m•t Irom futurs intome and afso to rn8n8￿ unlLvese4n financial tlifficulbe$ to beneficiaries. funders and th8 public In fulure BHT awn lo on Itswien's heallh. infve in kxjking aftèr the community mental health. arts aTrJ craft cknAthn. Y(yJa IN ￿ a99 At thls mornenl 8HT *SJ rnt have any wKerlainty 01￿Y ¢(￿CeM. as BHT ha¥e feast$￿ Staternènt of Recommended Pra¢tir*lSORPI". and also have some re5eThe io lace unlcrfe58en fmncial cris Tru51ees'sypport each other in gNen lar9el 8L80 in¥G4¥e in revtw aTrJ re-re￿￿ unbl il 9ets accomk4ishad. 8HT trustoe5 ha¥e fol$￿ thè key ￿ Ih8Y Fyocess ￿ oaty preparnli)n. oThJagom8nt honesty and communication. Truslees. r•sponslb11tt5e¥ *tat•m•nt The trustees are responsible for preparing Ihe truslees. and the finarKial slalemenls In accordance Ih applicabb law and United Kiwjom A￿)unting Star¥Jards {UThted Kingth)tn Genera￿ Accepted A￿Ounting Pracliol. Bedford Hindu Temple and Community Trust Trustees, Annual Report (continued) Year ended 31 March 2024 The law apP1kab￿ to th8ritses in Erykgnd ￿ Wa￿9 r￿ul￿$ the charity trUs￿e$ to wepare finanual sta￿78nts for aach y8ar which give a Irue and fair of the state of affaits ofthe charity and of incoming resources and awlicaiw ol reS￿r￿. ol the rjwity for that pericMJ. In preparing Iheso fin8ncrdl ststemonts. thtr trustees ar8 reqwr•d to.. . select suilabla accountiThJ Fd*ies aThJ Ihen apply Iham tons5slenty. . obsem tho moiiK4Js and Wndp*s In ChariJe¥ SORP.. • make judgments and e¥lwnai05 IJ￿1 ar¥J wLK1¢nL ' 618le wI￿ther applicablo UK AtttyJntir4J Sl8ThJ¥d5 have Idlow*d, subloct to any material dèpartures dls¢losed 8ThJ ¢Wa￿ad In th• (mr￿1 Stalem￿.. ' prepare the financial sthiemtsnts o>rvJ caKern is inapwopnats ￿ wosum• that the charity ¢onbnug in ￿j$#)￿S. The Iruslees arg r•sponSi￿e for ke￿r￿j thyewate 8co)unting r•ttrfds that ar8 surr￿￿&￿t lo show and explain the charty$ transaetions dischjse r6asonabSe Bccur8cy al any time the finan¢kql p)srtion ol Ihe Charity and 8nat4• Ihem to en%%e thai the fin8nG•al s￿￿￿ents c(Mnpty the Charities Acl 2011. the ap[Al￿tIO char￿0$ (Awwnts aTrJ Rep￿ts1 Regulalims. and the provisions ol the Trust Deed. Thoy we also re5FKrf￿bl• f¢y safewardiThJ lh• assets of the chanty and hen￿ Tor lakin9 roasonat4e step$ lorthe WeVenti￿ 0￿j t1etedion ol fraud and olhef irrepularl￿. The Iruslees, annual r•oort wa8 apwoved on 2nd 2024 8Th1 s*n8d on be￿1 ol Iht bowd ol MrH Trusteo Bedford Hindu Temple and Community Trust Inde endent Examiner's re ort to the Trustees Year ended 31 March 2024 Con*thutkin •nd dm• ofth• th• Rup•¢iiv• R•¥poNblblllll•* of Trn•l••B *nd hvlwnd•ffl t¥•mtr A5 th• Tru8t*¥ ￿ Bedkyd Hmdu T•mF4e are re¥￿$ble l¢y th• CW8i¢Jer that Ihè 8￿rt requmneni d seC￿n 43121 oltr* Chart￿ 19931V* Acii does fy)t appty 11 * my r•spon51bthty 10 Issue this repm ¢)n accounts In the ietms of 25 Regulat 7 01 Chante$18¢eounts and reponsi RegU￿t￿$ 1995 aThJ Stsle. b•31$ of prttèjures specfvd In Ihfr G•nèral OY8Chons gwen by Chanty, p*K44r maiiws h￿c￿n8 ￿ my att*itw. of knd•p•nd•nt Ey•nth•f• R•port My •￿M￿alK)n was carr￿ tyjl In ￿¢￿thnee th* Dirte*ttns iythe Chanty Commas8b)n under S•ctson 43171 Ib} ol the Aci examinakn I￿udeS a rnvThv of the accwbng rtctyds k•pi ty thé 8edlord Hinou TemrA• and a ctympan50n of thè *o￿ntI wth those r•cord$ h a180 C(Nlsideratyons ol any unusual I￿rnI L¥ dixS)sur•s m the and seekwoj exF4anakns you trustee¥ eoncerniTro any m8rer¥ Th• ￿¥0￿dureS L4knj•￿en do wowje 8U th• •Mdence be rw4u11￿ In any au(1rt 4nd I doThJl expwi ats ownui ￿ thè Trrnv tyvefi by Ihd•p•nd•ni EX￿￿n•￿$ 8t*t•nwt . propWacthr￿fya are ktpl Im 4101 . %cwnt¥ w• w•pared whth •gre•wih the ¥ty)untyry r•¢L¥ds •(%￿ntr￿ rnquir*m•nt¥ d th•*d. c 21 To In rnyoF4nth. atténkn S￿)Ubj bé ryd•rto kyopw Excel Ac￿n￿nIs IB¢dsl Lld Exctl Hau5e. 3 Ou*e Streei Bedlord MK40 3HR House 3 Slreel Bethoro Mk40 3HR 01234 86059) Fcc Bedford Hindu Temple and Community Trust Statement of Financial Activities Year ended 31 March 2024 Unrtelrf¢W Total Fund• Fund¥ 2024 2023 In¢omln9 R•sourc•J Cknations and 18gac*s Other trajing acti￿￿8$ Inv8slment Inwi& &ft Aid Grants Rclunds Tot*1 Incomlng 65,620 60.606 1.992 432 14.325 15.264 87.159 78.294 Exp•ndllUM Expenéilure on rai&ng fund$. t ol raisino d￿al￿Th and189 46.627 44.771 Total Exp•ndltur• 46.627 44.771 N•1 Incom• and n•1 rnov•m•nl In FuAd• AO.532 40,532 33 523 Reconciliation funds Toial lunds brought forw4rd 110.785 110,785 77.282 151.317 151.317 110.785 The statement of financial activities includes all 8ains and losses reco8nlsed in the year. All income and expenditure deri¥e from contin￿￿ zctlfft￿$. Bedford Hindu Temple and Community Trust Statement of Financial Position 31 March 2024 2024 X+23 Flxed Assfrts Tanoible fixed assot$ io 23.155 17.167 CurT•nt Asul¥ Income Tax on Gift Rewverablo Cosh at bank and in harKI 129,782 93.927 Cr¢dltors: amount duo wlthln on• year Cr8dilors.' 8mwnts laling (h18 li 1.621 309 vl•t CuTh•nt A•J•t• 128.162 93.618 Total as¥•ii I￿% cuTh•nt114bllltbos 151,317 110.785 Fln•nc•d by.. Unreslrfcted Fund Reslrict8d Funds 151.317 110.785 Total Fund• 12 151.317 110.78i These financial ststemenls We￿ wved ty the b)ard and aul￿￿ed for wu8 on 2 Jur* 2024, and are si ned on behaNof Ihe t¥)ard Mr H Swarnynalhan Trusle? Bedford Hindu Temple and Community Trust Statement of Cash Flows Year ended 31 March 2024 2024 C•sh Il¢>ws from ¢yr•tlng •¢tl¥lll•% Net irKrMn• 40.532 AdJ'usbn8nls for. Cxher interest raceNabkn a￿1 sknlar -2.289 Ch8n￿S in.. Trnde ar￿ ¢Jlhtr cr•Jitcrt 1,312 Cash generated Ifom 39,554 toml ie¢efvod 2.289 Net cash wrairy o¢Jth"es 41.843 C•sh flows Irom inve•ting a¢ll¥i¢l•• Purchase of ￿ngIble assets -5.988 Net cash us•J In Investi￿ acts￿￿* Net Incr•ase In cash and ￿*h •pulv•l•nts ash and cash •qul¥alents at beglnning ol year 3S.855 Cash and cJ•h •qulval•nt• at end olyoaf 3S.85S Bedford Hindu Temple and Community Trust Notes to the Financeial Statement5 Year ènded 31 March 2024 -Gon•ral Infomiallon The charity is a wblic benefit enlty and a registered charity in EngfaThJ and Waes and is unincorporaled. The address ol the pm¢1￿ olfKe is S PÈel Street, Bedlord. BedfordshwÈ. MK40 2HX. I Stalom•nt of comollanee These financial stalements hav8 teen prepared in crynTlkgnce With FRS 102. The Financial Reporting StaThJard apoltable in the UK and Ihe R¢outyt ol Irelarkfj,. the Stalement of Recommended Practice appliG8bie to charities wepaisn9 thew Kcc*Jnts in aCCordar￿e witn ¢he Financial Rep)rtiNJ Standard appkable in Ihe UK and of Irdaod IFRS 1021 ICh3rili0s SORP {FRS 10211 and the Charbli8s 2011. 3. ￿cOUntIng pollel•* 8asls ol pr•oaratloD The financi?1 statements havè been ￿parerf the hlst(rfi¢al cost b&stS. 85 modiffftl by Ihe '•vaiuaD"on of certain financial as58ls aTrJ Iwbimios and inveslment propthes rne85urod at foir V8lu• thr￿9h in¢4me or eyp¢NUlur•. The fvianclal slatoments *• wepwed kn S￿*¥a, Is Ihe I￿11)nal ￿jrr￿CYOt the entity. aolng ¢onc•rn There arn matonal unwtainties 8brArt I￿ dwritys abltyto cwlkw. Fund x¢ountlng unreStr￿d funds are av8d8blo for us• ai th• tnjsthes ¢0 further anv ol charivs purpos•s. Oesw4nat8d luThJ¥ are urweglm.cted •afmark•J ty th¢ tr￿tee5 lor partitrjar fulure FYoJe¢t or commitment. Restsiciod funds ere subjected lo restridions C￿ thew exoeThJiluffj dectwed bv the dorKJr o. Ihrough the lerms of an appeal. fall into orva of Iwo srtrtL8S5e5.' ieslrictod Iricoriio funds or èndowment lunds. Bedford Hindu Temple and Community Trust Notes to the Financial Ststernents iwtht•dJ Year ended 31 March 2024 3. Accoun¢lng poll¢l¢s (¢ontlnuodl Incomlng ￿sO￿Tee$ .111 incoming resource5 are kthjwj in the statement oi f￿*a￿al aclMi*5 enlllknient hos passad to the chanty, il Is proba￿tr thal ihe economK benefits 8SSOCiated with the transactsm ¥￿1 flow to the charity aThJ the amount can b& rd4Wm¢asur•d. T￿ fo*yth"ry $Fe£rf￿ pckns are apFI￿1 lo par￿QjLqr C8leg0ri8s of Incomé . incomé from 9ranls L% recogntsed ttthi is e¥40enc4 of wrtiuemenl lo the gift. receipt i¥ prOba￿e an¢J its amtrjnt can be maasui8d r8l*t4y. . lryacy ir￿orne15 reC￿thd rttopt il probabl• ontitiement 1$ esWthod. . incwne from ¢S*)ètsd gcty>Js Is measwed 81 the lair value ol the urt￿8 Is Impracitsl io measure relrabty. In whith case the value is demieil frrmn Ihe (Thl lo the dcffl¢￿ or Ihe estimatad resale value. Donated facilibes and Servw are retNJnised in the acc(*Jnts I￿¢￿ed rf the value Can t reliably m?asur8d. No amtsJnt5 are inchjd￿ lor Ihe contri>Ulic￿ ol ger￿al volunlew5. ' Income from contracts for th¢ supptyof i8 re¢owws¢d *ith the delr¥ery of tho contracted serv¢￿. This Is ¢18$sif*d as l¥￿tricIed unkns ￿re 1$ 8 C(*btwlual req￿rement for it to be spent on a parlKular puryose and re¢umed il unspent. in whth ease it may be regarded as re$lricied. R••ourc•• •xp•nd•d ExpenditsJr8 15 recognised ￿ on accry￿￿ baso as a liablty is in￿rTed. Expenditure int￿deS aThy VAT %thith cannot ￿ lulty recovered, and is daurfknd wder of Ihe Statement of r￿n¢￿al aclivities ¢0 which It relates.. * expenditure on raisitvJ luThJs Ind￿)95 the ￿sts ol al athli89. wents, n￿chants￿e Iradirg acbwbes. and Iho Sè￿ of donated gxK#J5. 4 expenditure on charitable aclvth5 Indude5 all cosls by a ¢h8nty in undertaktng actiwbes thei fvrther its charitaL4e aims Ihe ol rts berffjficiaries. Nludwy thr)se supp(*1 ￿$ts and cosls relabng lo Ihe governance ol Ihe charity apportKy￿d lo charilabkn xtivfv5. . 0¢h￿ expendrture indudos al *xpen¢Jitin Ihal 15 relaled lo I￿￿J$ lorthe charty nor part of its ex￿￿11¢Ure on ¢harilable #cli￿￿8& l Costs are al*xaled to expendilure Catego￿S refie(*ng the use ol the r05wrcÈ. Di￿1 wsts attributatA8 10 a single ￿t￿ty￿re alkxa18d di¥8cbyto thal actiwty. Shared Costs afe apP￿0￿j beh%￿n the acti¥ilies io a ￿aS￿ble. ws15fiab￿ and consistent bas￿. Tart9lbl• •ss•ts Tangible assets a￿ Initialty recorded at cost. and stknsewttyslaied at C051 less ary accumulated deprecialion and irnpairmenl bsses. Any laThJib￿ assets 81 revalued amwrtts afe recorded al the lair value al the date of revaluat￿ less any subsewenl ￿MUla￿d d8swectsqlK)n aThJ subseovert accumulaled iThDairment h)Sses. Bedford Hindu Temple and Community Trust Notgs to tho Financial Statemonts Year ended 31 March 2024 3. Accounting poll¢lfrs f¢oniinrKdJ T*nglbl• as8•1¥ i¢oTriinu•O) incréase in IhÈ carrying arnounl of an ass81 as a rèsLdl of a revalualin. Is recA)grMstd in other recognised gains and losses. unless il reverses a charge IfK 1ft4Jainnenl that has prevthsly 088n rec(yJni50d a$ expenditure within the 51alernent of fmanual activities. Ath(￿a5e in the carwTrJ amwnl ol an o55el a$ a resutt ol revalualion. 1$ recogni5￿1 in ¢)ther rocojnised wns anrf105￿. excopl lo which it offset$ any w6VI(KJ5 re¥aluaDon gatn, In whth ¢ose Ihe ILXS *ilhin other rec£#Jnis8d 98IM and sses on the stalement of (*￿n¢131 acliviues. Impalfm•nt offlx•d wds•ts A review lor Indi¢aiors ol impa¥wi is carfled (xjl at ￿ch repmi￿ ¢Jale. the fecoverable Brnounl ing 8$1iftwied ¥vherg such indicaim oxisl. Where Ihe ¢affwng vtho ex¢8eds the reco¥¢rabb am(xmL Ihg a$50t Is Inwired acc¢ydiryty. a80 FO)ssth r6*rn81 al reporting dale. For Ihe purF4)8•8 01 iryalrnwrt t•skng, ¥rt*n11 pomltde lo wtimbto the rK0￿rable gfftyjnt ol an Individual ossel. an estlmalels made ol the wtwerthe ￿￿￿nI d Ihe cashllgen¢falir¥J unil to whlch Iho ssel belongs. The cash*er*rnDry unrt is smallosl ideffttyfia￿e gr¥yJp of asse15 th81 Include5 Ihe assel 8NJ generatss cgsh inlhywJ that 01 th8 cash irdlr**s olhw assèts ¢Y grwps ol a5sels. For inwinnent 188tlng of goothwll. Ihe bus4n8ss c￿nakn r4. frtyn the 8cqui$itiw dale. allocated to eo¢h of Ihe caswnew that are expected lo benefit Irom the lyr￿￿188 of Iho of ¢kn•ss•ts or li•bili*e8 of the chantywg assigned to Iho$o unils. Fln•n¢l•l InitrumMts A financid assel or a Ii*hty is i¢¢wwsed ¢xty th• b¢ctyn*s • P•ty ks ¢tyiira¢tyJal pwsiom of tho imtrumonl. 885iG finan¢ial in$trum•nts •r• in1￿•11Y r•wr¥Md at Iho ¢y p•y8bl• indudirvJ arby reLqted Iransact￿n costs Currenl assets aTrJ cwrenl lialMhbfrS arn iuba•q• m•aSW￿ al ts cash c*ther cLMkl￿a￿0n •xp8cted lo be paid or re￿[¥¢￿ and Debt instrurnnts arn sub$eqwnty rr*osw¢(181 gm￿￿$¢4 COSL Where tnvesimoAts in sharos aro pu¢41¢ty Ir&Jgd ortheir fair valu& can olh8Ms& be nwaswod r61iabty. th& In￿lment Is subsequenty rnea5ured at fair ¥alJ8 wilh tharw in faK valvg r8CC4Jnised in irKom• and 8XP8ndilure. All othBr such iThv6slm8nL8 SubseqL￿)ty maswed al cost ￿$$ irryairn*nl Other flnan0￿ in51rurrents. in¢lKllrvJ deriv•Ow ore re¢r4nhed at I￿r ￿Ue. unless payft*nt f an a5sel is dÈfetyÈd be￿nd norma tyjsimss terns or fina￿ed at 8 rate ol intwesl that is not a rnartat rate. In which case Ihe asset is rr*a5wed al Ihe presenl value ofthe fututs Pay7r￿lS diswjnted al a Ma￿81 rate of inlerest lor a s*debl ins¥￿￿1. Other financial inslruments are 5ubsequenlty al lair with any d￿rge5 rec¥4nised In Ihe stalemerbt of finan¢Aal ac*TrAies. th8 exception ol he(kJw in51ruffwts ￿ a d6swal8d hedgirKJ relalionship 15 Bedford Hindu Temple and Community Trusl Notes to the Financlal Statements Y•ar ended 31 March 2024 3. kcountlng polici¢s (contlnu•dl FInan￿al InstrnmBnl• (contlnuédj Finanoal a55ets that are m&asured 8t cost OraMts￿5ed c05t are revitr￿d lorf*"ec•¥e ewdenc* ol IMpai￿ent at lh8 eTh1 of each raF¢)rI￿￿ dale. If there Is d)hB¢INe of irnpairrnenl, an impai￿?￿1 bs$ is Trcc¥Jnis8d n¢Jer the 8ppfopiiaie h8ading in slatemenl offKwal ￿1¥11•9$ Ihg inilid gain was r6¢0gnised. For all equity instruments re9ardths ol svJnifi¢ance, other fwniial assets Ihal 8r¢ ￿divIduallY signifi¢ant. Ihese are assessed iTrJThi1du￿1YI¢￿ impa¥￿1. Other finantial assets are erfher assessed w¥Jividually Of groupod on the bask8 ofwrnilw crnd￿l risk char•#erisks. Any reversals ol Impalrrwl ar¢ iec£¥n158d Immedialety, to lh8 •xtsnl th91 Ihe reversal d￿S not result In 4 carrying amourbt cd th8 finamal asset thai ex¢ee¢ts ￿lthO Ca￿ amjnt ha¥6 been had Ihe pairn¢nl not (￿l0￿5ty t4¢n rocwised. Dort•¢￿￿$ and 1•gA¢b•• Totsl Fund• 2024 T•tsl Fund• 202• Oon•¢sons Donallons 75.870 Olh•r tradlng •¢tivttl•¥ yo1￿ Fund• 2024 Tow Fund¥ 2023 Fundrw51r#J events 1.992 Inv••lrn•nT i￿•M• Totsl Funds 2024 Tot*1 Funds 2023 aank inlerest r￿*￿tI• Y289.06 432 Gosts ol Ajslng don•tSpn¥ •nd tspac••& Total Funds 2024 Total Funds 2023 46.627 Bedford Hindu Temple and Community Trust Ilotes to the Flnanclal Statèments Yg•r •nd•d 31 M¥r¢h 2024 8 siaff eo•l• averw4e head count ol 8nwh)ye85 the ￿r￿al Nil. rec•sv¢d ￿k40Y80 benefits OIn￿¢than £60.(rfJ)dur¥wJ y12023.. Nill. TFusl•• r•mun•T*tlon an• •XD•r o remuneration or other benefits fromempl*meni with the ¢harityor a related eniit¥ were recÈl¥td by the Irustets 10 T•Dqlbl• ftx•d •M•l• C¢> AI I AMI 2023 31 March 2024 Addl￿onS 17.167 4t 31 M•rch 2024 ZJ.155 D•pr*datior At 1 Aorll 2023 al￿ 31 March 2024 ¢arrylng •mvunl At 31 March 2024 23.1S5 Cr•d4torn: •moU￿1 hlllnq YAthin on• y•w 2024 1.621 12 An•lyil• of ch•rllabl• lund• Unr•sknri•d lund• At 1 W23 I￿l¥no At 31 Ilarch 2024 UnrosirK1ed fwd 110.785 87.159 46.627 151.317 110.785 78294 44.771 151.317 13 Analysls of chwys In Iirt d•bi 31 Mar 2024 Cosh 81 aThJ in haThl 35.855 129.782