Bedford Hindu Temple and Community Trust Financial Statements
31 March 2025
Bedford Hindu Temple and Community Trust
Financial Statements
Year ended 31 March 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Independent auditor's report to the members | 4 |
| Statement of financial activities | 8 |
| Statement of financial position | 9 |
| Statement of cash flows | 10 |
| Notes to the financial statements | 11 |
Bedford Hindu Temple and Community Trust Trustees, Annual Report Year ended 31 March 2025 The trustees present Ihelr report and the finanoal slatemenis of the Charity for ihe year ended 31 March 2024. Reteronce and administrative detalls rtered charity narne: Bedford Hindu Temple and Community Trust Charlty Numb•r 18: 1185539 Prlnclpal Offleo: 5 Peel Street Bedlord Bedfordshire MK40 2HX Truslees are: Mr H swarnathan Dr R Kalhane Dr K Neelagiri Mr B Murali Mr G Vakiyopathi Dr V Vusiiikala Aeeountsnts Excel Accountants (Beds) Lid Excel House, 3 DLA(e Streel Bedlord. MK40 3HR
Bedford Hlndu Temple and Communlty Trust Trustee$. Annual Report IcDJWthwdJ Year ended 31 March 2025 Obl•dv• ind xtlYttl•¥ Tho owts ol th B•dl¢ryf HINlu T•npltr COmnNnftwTnI llre: To advance the Hindu rèl¥Jion, by the proVisn ol a placo ol YrshIP lor tho Flndu Comunty. ShNa Tèmpie. Actlvlli85 will Includ?.. - YSIng awarènès$ and unthrsiandiro of relJhJu5 bel1$ and pra¢tKes - carryiry out roligious ¥0110n acts - carrying out mlssbnary and ovtreach . the provlElcffj ol Fdace5 forthe wmmunltyto Use loi Clur ac11ve5 - the Provisic of places forthÈ eommunityto lor hèatth and wellEeing athitE$ Chjr chartty has accorfpllshed tts Mary9021 of eStl$hIng thè onty Hinth im• in Bedford. Foi the bet)elit oflh& eomNwnty. ar6 Th)w rfrguLgr perfOg moslol the pthjjas kn Ihe FIrK1 clèndar an 8ncouiag8d th8 m8mb8rs of Hhdu communty in and awound BÉd10rd lty pA¢1P01e in Ihe Hindu event& (hjr cornmunlty hall has been party reluthshed and 15 mainty b invqrtcuMur rat toachlw le Indian Cknical dance, vocal sirrfjing. latlg. 81c. W• hthve s81 commvnlty nn0¢1 group lo handl6 outreach and mi86ionary activmes Such as fcrt)d (bnabon and Feed the Ne8tychèty 8v8nts. r charlty has ith support fvom Bedlorf Borough org2n&8èd and u¢ld sevpral Opon Spars progr8mm8 forth8 b8n8fltof Èll ¢¢rr¥nunily. Thè TNstèa$ havtr'had re9ard' and pgrus8d Ihe Issued by the cOrnlon on publ benefit in 811 deu6ions that was rnade by th8 charty. No gtsnts werè mÈdE during th• p•riod. A& perfv wrns and rA)iecb'ves ol Ihe charitythus fdr we haye been used on Ihe 80cid benefits ID IhE communty not only in Bedlord tryjt $0 SUITOLGIng aroa&. VokJnio•rs in trJrctsn¥nvnily have bo8n tho rnaln stayol our charty. What8veF fuThJs hav8 been ra have been solely from the ¢trbull0Th8 Irom our rx)mmunlty vOteerS have beon verytictive in Ory&lli8inB Éverts, assisting n temple events and from Ihe core ol our orggni5alion. Achl•wm8Thts and p•rIOrn Our chaTty ha8 fLlfli led its prinarygoal of $ottit)g up at)d rtjnning the onWHindu Shiva lernF in 88dford for the b&n6frt oflhe tommunitynDi Dnly in B8dlord bul also lo I commwaty in large. Communlty members Are Imrnen8etybenefllted Iron Ihg vafiOU% 101Sglots8 arKI sr181 evants irtr8aslng awaienes5 aryl und8rsiaThling ol religious belefs and pradices and increased inlera¢tN)n leading to general Fln•ncl•l r¢tW raised tnoneythrough ¢Pwitth (bndbon (m)nihtkIti, OM off donatioTh and Hunth thJnath)nl and byfund r41n9 e¥en16 Ireligious actiymes and ¢uhur81 ev8ntsi Charttable Donati5.. Regulardonors DOnaOn8 Lumpsurn Small COntacsS thtiOnS ot(ering54onation box DonalonÈ- fund ralsing èvtrnt6 Tffj•l ¢hrlt•bfv Donotlty Interosl Income Gra received frorn CwrKil Glft Aid R¢imbuts¢m¢nt Totsl fvndi rl••d £69.829 £5,171 £3,289 £4.942 £4,613 £87 £3,904.00 £500.00 £16.275.00 £108B3 Suwlus funds ol £58,898 aenorated thrlng the year have neem a(ldto re8erves. Notontywil th898 fvnd¥ be ll fall bacopb"on in case of unlor8seen expenses or reduclon In Irom& lor th6 charty bvll b• aVaIlab 10 b8 apWi8d iowards thè e+)ity'& proptssed IQ PUTthase thÈ pr85sntty19asfjd propety shortly. A4 31st March 2025the bLx)k 188erwes slwd at £210,215 whlk8 r8s8Nes stOC¥J al £180,350. Trustèes do 1 fomseè any urthrtwnties about lh8 ch8rityconlinuiffj asoolng wn¢em. Truste•' rtwNlbllltleo *t•temEnt Tho trustsgs alo rospon$lN8 lorpreparing the Irusle8s' report and ihe lknandal statements In accorda applcablo Lqw and Unll8d Kin9dom AcwJnJNJ SiandaTrts Iunlted r>M Generally Accepted Actouniing PrathcÈl.
Bedford Hindu Temple and Community Trust Trustees, Annual Report (continued) Year ended 31 March 2025 The law appllcable lo charities in Engknd and Wales requires the charty trustees lo prepare financial statements for each year which gni8 a true and lair view of the slate ol affwrs ol the charity and of the incoming r8sourc8s and application of ie$our¢es, of thg Gharity for that period. In preparing these Ilnan¢ial slalements, the trust08s are required 10.. sel8Ct suttable accounting policies and then apply them consi8lentty'. . observe the methods and prinaplas in the applicab Charibes SORP,. ' make judgments and accounting estimates that are reasonable and prudent. slate wh&th8r applicabb UK Accounting Standards have boen follow8d, subjed lo any material departures disclosed explained in thg financiat Staternenls; prepare the financial slatemants on the golng concem basis unless It Is inaropriate lo wesume that the charity wll continue in business. The trusteès are respDnslble for keepir4J adequats accounting records Ihal are sufflclenl lo show explain the charity's transactions and drsclose vlth reasonable accuracy at any lime the financial position ol the charity and enable them lo ensure that the financial slalemgnls Comply with the Charities Act 2011, the applicablg Charrtigs (Accounts and Rewrtsl Regulations, and the provisions ol the Trust Deed. They are also responsible lor safeguarding the assets ol the charity and hence lor taking reasonabb stgP5 for the prevenJon and detsCtn ol fraud and ollr irregularities. 29th May The trustees. annual report was approved on ....................... 2025 and signed on bghall of th¢ Aod of trustees by.. H SWamathan Trustee
Bedford Hindu Temple and Communlty Trust Inde endent Examiner's re ort to the Trustees Year ended 31 March 2025 Gonstitutlon and Olms ol the charlty Rè$po¢tiv• R•sponslb1151188 of Trust809 and Indopwdonl Examiner As Ihp Trustees of 88dlord Hln(kn Temple and CommUrty Trust you are responsible for the eparatn of the accounts,. you consider that thè audit requirement ol S8cIK)n 43121 of the Charities Act 1993lthe Act) does not apply. It is my responsibilty lo Issue th58 rewrt on those accounts in accordanoe with the terms of RegUlatn 25 Regulalion 7 01 the Charilies {accounts and reports) ReguLqlions 1995 and slate, on the basis ol procedures specrfied the General DIrecon$ glvèn by the Charity, whether particular matters have come to my attentn. 8a$l$ ol Independent Examlnor's Roport My examinatSon was carried out in accordance th the General Dlreclions by the Charity Commission uThY8r Section 4317) Ib} of the Act. examination includes a review ol the accounting records kept by the ruslees of Bedford Hindu Temple and Communty Trust and a comparison ol the accounts wlh those records. It also Includes Considering any unusual items or dis¢losuros in the accounts and seeking explanations from y¢xJ as tw$lees concerning any such matters. The proeedures undgrtakgn do not provide all the evidence that would be roquir8d in any audit, and consequently I do Not gxpross an audit opinion on the view gwn by the accounts. Indap#ndènt Examin•rf¥ Ststgrngnt In connection wilh my examlnation, no mattel has rne to my attention.. 1} which gives me reasonabkg cause lo b6fièvo that in any material reScl the trusteès havo not met Ihe requir8menls lo ensure that.. ' proper accounting records are kept lin accordance wilh section 4101 the Act),. and accounts ale prepared whh agree with ihe accounting words and compty with the accounliro requirements of the Act", or 21 To which in my opinion. attention shouhj be drawn In order to enable a proper under$landiro ol the a¢Unts to be reached. Excel Accounlants (Beds) Ltd Excel House, 3 D4Jk8 Street B8dlord. MK40 3HR SZ6SdA6607ffRA7ns 11 Lurke Street Bedford. MK40 3NZ Tel . 01234 860590 !.&..l.&../.a.5............................ tc
Bedford Hindu Temple and Community Trust Statement of Financial Activities Year ended 31 March 2025 Uftrngtrlctsd Total Funds Notss Funds 2025 2024 Incoming Rosource5 Donations and legacies Other trading activities Investment Income Grfl Aid Grants Refunds Total Incomlng 83,231 4.613 3.904 16,275 500 83,231 4,613 3,904 16.275 500 65,620 3.960 2.289 14,325 965 87.159 108.523 108,523 Expendlturo Expenditure on raising funds- Cost of ralslng donatn$ and leoacies 49.625 49,625 46,627 Totsl Expenditure 49.625 49,625 46,627 Nel Income and not movement In Funds 58,898 58.898 40,532 Reconciliation fund5 Totsl funds brougm foThvard 151,317 151,317 110.785 210,215 210,215 151,317 The statement of financial activitie5 include5 all galns and losses recogni5ed in the year. All income and expenditure derive from continuing activities.
Bedford Hindu Temple and Communlty Trust ststement of Financial Posftlon 31 March 2025 Notes 2025 2024 FIX Assets Tanglble fixed assets io 26.824 23.155 Currnnt Ass¢ts Ir9$ Tax on Gift Aid Recoverable Other Debtors Cash al bank and In hand li 3.088 180.350 129,782 Credltors: am¢)unl due within orbo year Creditors: amounts lalling due wthin on year 12 47 1,621 Net Currenl Assets 183,391 128.162 Total as8ets1988 current liabilities 210,215 151,317 Flnanced by: Unrestricted Fund Restricted Funds 210,215 151,317 Total Fund$ 13 210,215 151.317 These financial statements were approved by the board of trustees and authorlsed lor issue on . 2025, and are signgd on b8hf ol the board by: Mr H Swamynathan Trustèe
Bedtord Hindu Temple and Community Trust Statement ot Cash Flows Year ended 31 March 2025 Cash flows from oporating octivitios Net Income 58,898 Adiuslments lor.. Other Inl8rest weivabk and similar income -3.904 Changes in.. Tiade and other Debtors Trade arKI other credilois -3.088 -1,574 Cash generated from operations 50,333 Interest received 3,904 Nel cash from operating aclwitie5 54,237 Cash flows from Investlng 8¢llvltl•8 Purchase of tangible assets Nel cash used Sn investing acliviti'es N81 Inct•a¥e in ¢a$h and cash equlvalents Cash and cash equlvalents at beglnnlng ol year 50,568 Cash •nd Cash equlvalents at end of year 50,568
Bedford Hlndu Temple and Community Trust Notes to the Flnancelal Statemenls Year ended 31 March 2025 1. General Informatlon The charity is a public benefit enlity and a registered charity in Ergland and Wales and rs unincorporaled. The address of tho pri1P offrg is 5 Peel Street, Bedlord, B8dtordshire. MK40 2HX. 2. Statement of compllance These financial statements have been wepared in CoMpance with FRS 102, 'The Financial Reporting Standard aFplicablè In the UK and the Republie ol Ireland., the Statement ol Recommended Practice applicatAe to charities preparing their accounts in accordanc& wlh thè Financial Rèporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charitios Act 2011. 3. Accountlng pollcles Bas18 ol weparatlon The tinancial slalemenls have been prepared on the historical eosl basls, as modified by the raluatIOn of certain financial assets and liabiliti8s and investment properties measured al fair value through income or expenditure. The linancial statemenis are prepared in sterfing, which is the lunclh)nal currency of the entily. Golng Concern There a no materlal uncertdnts'&s about thè charTVS abilty lo continue. Fund accounting Unrestricted funds are aVlable lor use al the discretK)n ol the trustees to further any ol the charitys purpose5. Designated funds are Unrestrted funds eaimarked by the Iruslees lor parti¢ular Ie project or commllmenl. Reslrlcled funds ara SubjIed io restrictions on Ihelr expenditure declared by the donor or through the terms ol an appeal, and fall into one ol two sub-das5es.' restricted income funds or endowment funds.
Bedford Hlndu Temple and Community Trust Notes lo the Flnanclal Statements (conllftu6d} Year ended 31 March 2025 3. Aceountlng pollcle5 (continued) Ineomlng r8sourcos All Incoming resources are includ8d in the statement ol flnan¢id activities when entitlement has passed to the charity. il is probabb that Ihe economic benefits associated th lh8 transaction will flow to the harity and th8 amount can be reliabty m8asured. Thg following specific policies arg appligd lo particular categories ol income.. • incomg from donallons or grants Is recognised when Ihere is evidence ol enlltlement to Ihe gilL recelpt Is probable and ils amounl can b8 measured reliabty- . legacy income is recognised when recelpt Is probable aTrJ enlitlemenl is eslablishod. ' income from donatèd goods is measur8d al the lair value ol the goods unl95s this is impractical to m8a5uig r81iably, in which case the value is derived from the cost lo the donor or th¢ estimated resale value. Donated facilities and services are recognised in the a¢(x)unls when received if the value can be reliably measured. No amounts are includgd foi the contributn of general volunloer5. . Income from conlra¢ts lor tho supply of SerV8S is recognised with the delwery ol the contracted service. This i% classified as unreslricled funds unless therp is a contractual requirement for it lo be spent on a partlcular purpose and retumed if unspent. in which case r( may be regarded as T9Stricted. Resourc9$ expend8d Expenditure 15 recognised on an arualS basis as a liabillty is incurred. Exp8ndlture includes any VAT which cannot be lully recovered, and is classified undar hgadings ol the statement ol financial aclfvhles to whl¢h it rek7tos'. ' expenditure on raising lunds includes the costs of 11 lundraising activities. events, non-¢harilab trading activities. and the sak ol donated goods. expenditure on ¢harilabl8 activities includes all costs incurr8d by a charity in undertaking activrties that further its charitablè aims for th8 bgnefil ol ils beneficiaries, including thos¢ support costs and costs rglatiry to the governance ol the charity apportioned lo charitable activities. • olher expenditure includes all expendilurg Ihal 15 neither related to raislng funds for the charity nor part ol ils expendilurg on oharitable aclivilies. All costs are allocated to expendhure categorles relledng the use ol the resource. Dir8Ct costs altributable to a single a¢tivlty are allocat1 directty lo that advity. Shared cost5 are 8PPOt*oned beknn the aclNities they contrlbute to on a reasonable, juslifiabK8 and consistent basi5. Tanglble assets Tanglbk8 assets are inalty recorded at cost. and subsequentty staled al cost less any accumulated dèpreoiation and impairment bsses. Any tangible assets carried al revalued amounts are rorded al the fair value al the dalè of revaluation18ss any subsequent accumulal8d doprlatIon and subsoquent accumulated impairment losses.
Bedford Hindu Temple and Communlty Trust Notes to the Flnanclal Statements (eonthu Year ènded 31 March 2025 3. Aceountlng pollcle$ (¢0ntlft) Tangible assets (contlnuod) An Increase in the carying amounl ol an asset as a result ol a revaluallon, Is recognised in other recognised gains and losses, unless it reverses a charge IOT Impalmienl that has prewously bg8n re¢ognlsed as expenditure within the statement ol financial activities. A decrease in the carrwng amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, oxcepl lo which il ollsels any prewous revaluation gain, in which case the loss is shown within other reGognised gwns arKI knsses on the statement ol Ilnancial activities. ImpalMnI of Ilxed asget9 A review lor indiealors ol impaitmonl is carried oui al each reporting dale, with th8 racovèrable amount being estimated wh8re such indicators exist. Where the carrying value exceeds the recover&e amount, th8 asset is impaired accordingly. Prior impairments are also reviewed lor posslble reversal at each reporting dale. For the purposes ol impairfflerrt lesling. when Tt is not possible lo estimate the recoverable amount ol an indwidual asset, an estimate is made of the rècoverablo amount ol the cash-generatlng unil lo which the asset belongs. The cash-generaling unit is the smallest Identttlable group of assols that includès the asset and generates cash inflows that largety independent of the cash inflows liom other assets or groups of assets. For impairment lestirbg of goodwill, the goodwill acqulred In a buslness combination is, from the acqLJlslllon date, lOCated lo each ol the cash-generating units thai are expected lo benefit from the synergies ot the ¢ombination. irrespective ol whether other assets or liabiltti&s ol the charity are assigned lo tho88 units. Flnanclal Instruments A linancial asset tsr a liriancial liabilty is r8cognisfjd only when th8 charity becomes a party to the contractual provisions ol the instrument. Basic financial Instruments are Inltlally rg¢oonised at the amount receivabl8 or payab Inclu(Jing any relate(I Iran5aclK)n costs. Gurrenl assets and current liabilities are subsequently measured al the ¢ash or other consideratn expected to be paid or received and nol discounted. Debt instruments are subs9qUgntty measured al amortised cost. Where investments in shares are publlcly traded or their lair value can othowso be measured reliabty. thè investment is subs¢qugnlly rnoasured at fair value with changes in fair vdue reeognised in incomè and exnditure. All other such Investments are subsgqugnlly measured al cost less imwrrnent. Other financial instruments, including derivatives, are inrtially recognlsed al lalr value, unlèss paym8nl lor an asset Is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments disGounled al a market rate ol interest lor a similar debt instrument. Other linancial instrurnents are subsequently measureé al fair value. with any chang8s recognised in the statement ol financial a¢livilies, with the exception of hedging instruments in a d9signaled hedging relationship. io
Bedford Hlndu Temple and Community Trust Notes lo the Financlal Statements (C¢1d} Yoar onded 31 March 2025 3. Accountlng pollcles (contlnued) Flnanclal In$lJumgnts (oontlnued) Financial assets that are rneasured al cost or amortised cost are reviewed lor objective evKlènce of impairment al Ihe enil ol each reporting dale.11 there is objectiv8 8vid8n¢g 01 impwrmenl, an impairment loss is recognised uThJer the appropriate heading in the stalem8nt of financial activities in which thg initi'al galn was recognised. For ali equity inslwments regardless of swJnrfKance, and other financial assets that are indlvidually slgnificanL these are assessed individually lor impaiimenl. Other linan¢ial assets arg either a8se888d Individually or grouped on the basSs ol similar credil risk characteristics. Any reversals ol impairment are recognise(J immediately, lo the exl&nl that the ièversal does not resuh in a carrying amunl of the financial asset that exceeds what the carrying amount would have been had the impaim)enl not previously been recognls8d. Donatlons and l•ga¢l•s T01 Funds 2025 Total Funds 2024 Donatlons Donalions 83,731 79,944 Other tr•ding actlvltlos Tolal Fund8 2025 Total Funds 2024 Fundralslng 8V8nts 4,613 3,960 Investm8rrt Income Total Fund8 2025 Total Funds 2024 Bank inleresl receivable 3,904 2,289 Cosls of ralslng donatlons and lègicies Tothl Funds 2025 Total Funds 2(Y24 Costs ol raising donations and aeies- Donatlons 49,625 46,627 Staff costs The total slafl costs and employee benèfits lor th6 r¢porting p9riod are anatysed as follows.. 2025 li
Bedford Hlndu Temple and Community Trust Notes to Ihe Financial Statements 1eotNrfnuj Year ended 31 Maich 2025 8 Staff cos1$ imn Thg average head counl ol gmph)yees (knring the year was Nil. No employee received gmployeo bgneffts of more than £60,000 during the year12024: NIII. Truslee remungratlon and expon no remuneration or other benefits from employment with the charity or a related entity were received by thè trustees 10 Tanglble flx8d 888ets Equlpment Cost Al l April 2024 and 31 March 2025 Additlons 23,155 3,669 At 31 March 2025 26,824 01*110n At 1 April 2024 and 31 March 2025 At 31 Mareh 2025 26,824 2025 11 Other Debtors (Aravlnth Loan} 3,088 12 Crodllorg". amountg talling duo within one year 2025 Trade creditors 47 13 knaty$is of charrtabl• funds Unrgstrlcted lund8 At 1 April 2024 Irwm Experxliture At 31 Mar 2025 Unr8strlcted fund 151.317 108,5Y3 -49,625 210,215 110,785 78,294 44.771 210,215 14 Analysi$ of chang•s in n•t d•bt At l April 2024 flows At 31 Mor 2025 Cash ai bank aNI in haThJ 129,782 50,568 180,350 12
CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1st April 2024 start date To 31¥t March 2025 Charity name: Bedford Hindu Temple and Community Trust Charity registration number: 1185539 Objectives and Activities SORP reterere PaR 1.17 Summary of the purposes of the charity as set out in rts governing documenl 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 Communty- Shiva Temple. Activities will include.. raising awareness and under$t8nding of religious beliefs and practices carrying oul religious devotional acts carying 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 aclivilies. P8ra 1.17 1.19 Summary ofthe main activities in relation to those purposes for the public benefit. in particular, the aclivilies, proiecls or services identified in the accounts. Our charrty 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 F)oojas in the Hindu calendar and encouraged the members of Hindu community in and around Bedford lo participate in the Hindu events. Our community hall has been partly refurbished, and is being used for additional community related activities mainly to impart cultural related teaching like Indian Classical dance, v(Kal singing, table, violin etc. We have set up a community connect group to handle outreach and missionary activities such as f( donation and Feed the Needy Charty events. Our charty has with support from Bedford Borough organised and ¢ondu¢ted several Open Spaces PrOgramn for the benefit of all commun
Statement confimiing whether the Iruslees have had regard to the guidance issued by the Charity Commission on public benefit PaR 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 ma choose to include further statements where relevant 8bout-. SORP referen No grants were made during the period P*8 1.38 Policy on grant making As per the aims and objectives of the charity thus far we have been focussed on the social benefits to the community not only in Bedford but also surrounding areas. Pwa 1.38 Policy on social investment including program related investment Vdunteers in our community have been the main stay of 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 or anisalion. Pw8 1.38 Contribution made by volunteers Other Achievements and Perfomiance SORP ter Our charity has fulfilled ils primary goal of setting up and running the only Hindu Shiva temple in Bedford for the benefit of the communlty not only in Bedford bul also lo the community at large. Community members are immensely benefitted from the various religious and social events increasing awareness and understanding of religious beliets and practices and increased social interaction leading lo general wellbeing. Summary of the main achievemenls of Ihe charty, identifying the difference the charity's work has made to the circumslances of ils beneficiaries and any WKler benefits lo society as a whole. 1.20
Additional information (optional) You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1_41 Perfomiance of fundraising aclivrties against objectives sel 1.41 Investment performance against objectives Pwa 1.41 Other
Financial Review Review of the charity's financial position al 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 I religious activities and cUural events) Charirable Donations= Regular donors- £69,829 Donaiion Lumpsum - £ 5.171 Sniall contacilcss donations- £ 3,288 Offcrings-Donation Box £ 4,942 i)onaiions-F und raising events- £ 4,613 Totsl Charitable Donations- £87 843 Interl Incom¢- £ 3,904 Grants received from Council Gift Aid Reimburscn)ent- Total funds rnis¢d - £16275 £108.522 Slalemenl explaining thè policy for holding reserves slating why they are held P*• 1.22 Surplus funds of £ 55,674 generated during the year have been added lo reseThes. Nol only will these funds be a fall back option in case of unforeseen expenses or reduction in income for the charity bul also will be available to be applied towards the Charty's proposal to purchase the presently leased ro shortl As at 31° March 2025 the book reserves stood at £207,154 while cash reserves stood at £180,340. NA Amount of reserves held Pw• 1.22 Reasons for holding zero reserves Details of fund materially in deficrt Explanation of any uncertainties about the charity continuing as a going concern Pw• 1.22 P•rn 1.24 NA P•r• 1.23 Trustees do not foresee any uncertainties.
Additional information (optional) You ma choose to include further statements where relevant about.. Vvhile our charity's main source of funding is donations from our community some funds are also raised through Community events The charity's principal sources of funds lincluding any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted 1.46 Trustees do not foresee any risks facing our charity to run as hitherto. A description of the principal risks facing Ihe charity Pwa 1.46 OlherlReport of serious Incldentsl There are no serious incidents that v have not reported to you.
Structure, Governance and Management Description of charity's Irusls.. Type of governing document Bedford Hindu Temple and Community Trust Para 1.25 Constitution How is the charity constituted? {e.g unincorporated sqnr.iatinn C.IC)I Trustee selection methods including details of any conslilulional provisions e.g. election lo post or name of any person or body entrtled lo appoint one or more Iruslees Pata 1.25 The Charty is constituted as a CIO Para 1_25 In selecting individuals for appointment as charity trustees, the charity Iruslees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The present trustees votelelect the appointment of a new trustee. Additional information (optional) You ma choose to include further stalemenls where relevant about-. Policies and procedures adopted for the induction and training of Iruslees Pw8 1.51 The charity's organisational structure and any wider network wrth which the charity works P¥• 1.$1 Relationship wrth any related parties 1.s1 other Reference and Administrative details Chari name Other name the char uses Re islered chari number Charity's principal address Bedford Hindu Tem NA 1185539 5, Peel Street, Bedford MK40 2HX le and Communi Trust Char 's email bedfordhindutem le mail.com
Names of the charity trustees who manage the charity Dates acted if not for whole ear Trustee narne otfice Irf any) Name of person lor body) entitled to oint trustee ifan Dr. Venkataramana Muty Vusirikala Gunapalan Valaiyapathi Banumathy Murali Chairperson Bcdford Hindu Temple and Comniunity Trust Bedford Hindu Temple and Coniniunity Trust Bedford Hindu Temple and Community Trust Bedford Hindu Temple and Community Trust Bedford Hindu Temple and Community Trust Bedford Hindu Temple and Communitj. Trust Treasurer Dr. Kannan Neelagiri Dr. Raj Kathane Harve Swamynathan 10 11 12 13 14 15 16 17 18 19 20 Cor orate Iruslees- names of the directors at the date the re rtwasa roved Olrector name Name of Iruslees holding lit to property belonging to the charity Tru$lo0 n¥m¢ Dates •¢tsd rfnot lorvtholtr ••r
Funds held as custodian trustee5 on behalf of others Description of the assets NIL held in ca , Name and obieds ofthe I charty on whose behawthe assets are tte and hLnV Ihi5 falls wtihn the custodon Details of aaJ¥ents for safe custody and segregion of stKh assets from the ch8riWs own assets Addltlonal infomiallon loptlonal) Namos •nd addrnws of advtser51Opti¢)nal InfQrnut) Type (rf Name •d¥ls•r Namè ol Chlof exKutfv• or namés of wnlor stsff member5 Ioptlonal InfornMtlon) Exemptlons from dIlosUre R•a8on fornoTrdi8¢iosure of nol delals Other optlonal Inforniatlon Declarations TM tN8•¥5 deGlar• th•t thèy hov• *pprov•d the trusta•s' rnport above. Slgned on beh•ll olthe cMrlty• truthes Slgnalurn($) Full namels) Dr. Venkata1aThna Murty Vuswikala Harve Swamynathan Po$ltlon leg Secyetary. Chair. etc)