Chairman’s Report year 2020
The year ending 31st December 2020 has not been to our expectations. We could not continue with our usual religious and social activities due to Covid 19 guidelines. We had to close the temple from time to time as per Government Guidelines Temple members and devotees could not visit the temple or the community centre.
When we got a chance to comply with the Covid 19 Guidelines, we celebrated a few important dates in our Hindu calendar. All our members have been very cooperative in following the Government guidelines of the Covid19 pandemic.
Unfortunately, during the closure, we noticed that in the community centre part of the timber floor became unsafe due to rising damp caused damage to the joists and floorboards.
I hope the year 2021 will be better for the community.
Niranjan Vakharia
Ashfords Chartered Accountants Unaudited Financial Statements The Hindu Charitable Trust For the Year Ended 31 December 2020 Registered Charity Number: 258281 www.ashfords-accountants.co.uk
THE HINDU CHARITABLE TRUST 36 ALEXANDRA ROAD LEEDS WEST YORKSHIRE LS6 1RF REPORT AND ACCOUPtrs For the year end8d 31 December 2020 REGISTERED CHARtrY No 258281 CONTENTS PAGE INDEPENDENT EXAMINERS REPOFrr STATEMENT OF FINANCIAL ACTIVMES BALANCE SH NOTES TO THE ACCOUNTS &7
THE HINDU CHARITABLE TRUST Independent Examinerfs Report INDEPENDENT EXAMINERS REPORT TO THE TRUSTEE OF THE HINDU CHARrrABLE TRUST I report on the financial statemgnts of The Hindu Charitablg Trust for the year ended 31 DÈeember 2020 which compfise the Statem1 of Finanaal Actiwb"es. the Balance Sheet and Ihe related notes. This report is made soldy lo the (AriVs trustees. as a ixKly. W examinatK)n has been undertaken so that I might state to the charivs tnjstees those matters l am required to statè to them in an independent examiners report and for no other FyJrrx)se. Respective responsibilities of trustses and examiner The charity's trustees are respcffisible for the preparation ofthe finanoal statemènts. The tharitys executive council wnsiderthat an audit ¢s not required for this year under section 144 of the Charities Act 2011 llhe Charityes Act'l and that an Ind&EnI axaminab.on is needéd. It is my responsibility to '. 1 examine the finan<?al ststements Und the Secti 145 of Ihe charib.es Act 2011. 2 to follow the procedures laid down the general Directions given by Ihe Charity Comrnissionlunder secbon 14515Xbl ofthe Charities Act. and 3 to state whether particular matters have come to my attenticfj Basi$ af ind•ndent examinerfs statement My examinabon was carried out in accordan the general directiffls given by the Charity Commission. An examination indleS a rewew of the a¢counb"ng records kept by the charity and 8 ¢omparison of the financial statements presented with those records. It also includes consideration of any unusual items or disdosures in the finan¢ial stslements. and seeking explanab.ons from the trustees concerning any such matters. The w>cedures undertaken do not promde all the emdence that would be rèquired in an audit and consequenlly no wnion is given as to whethèr the finan(xal statements present a 'tru6 and fairf eW and report is limited to those mattets sèt <xJt in the ststernent bdow. Independent examinerfs statement In ¢onnection with my examinations, no material mattw5 have o)rne to my attention which gives me cause to beliève that in, any material respect 1 the 8eeounts.ng records We not kept in acccrfdance with SeCOn 130 of the chartti.es Artor 2 the accounts did not accord wth the accounb.ng rwds". or 3 the accounts did not comply wth the alable requirements &)nceming the form and ontenl of a¢counts set out in the CharitieslAccounts and Reports) Regulations 2008 other than any requirements that the account give a Irue and fai¢ vieN which is not a matter considered as part an indepndent eXaminab"¢. I h8ve no concems and have come across other matters in ¢yJnnectton with the exarTMnation to which attention should be drawn in this report in order to enable a Fwer understanding of the accounts to be reached. Pavanjeet Singh Bagri IBA, FCA. CTAI Chartered Accountant & Tax Ashfords Chartered Accountan15 28 October 2021 2 Manrx Court Manor Mill Lane Leeds LS118LQ
THE HINDU CHARITABLE TRUST FINANCIAL STATEMENTS STATEMENT OF HNANCIALACTIVITIES FOR THE YEAR ENDED 310ECEMBER 2020 Totsi Total Fwids Fd8 Funds 2020 2019 Income from Donations 19,267 19.267 58.055 Charitable activities HMRC JRS Grant 13,101 13,101 Insurarte aaim 1212 2.212 Total Income Expenditwe on Charitsble actVieS 51,798 51,798 72,788 T¢)tal Expenditure 51.798 51,798 72,788 N*t Incomellexpenditurel {17.1631 117.1631 114.4401 Reconclliation of fvnds . Fund balare5 Ought forward 1.319.258 1.319.258 1.333,69È Fund balan¢¢s t¥e fi)Tward 1 302 095 1 319 256
THE HINDU CHARITABLE TRUST FINANCIAL STATEMENTS BALANCE SHeeT AS AT 31 DECEMBER 2020 2020 2019 Fixed assets . Tangible assets 1.165596 1.1S7,341 1.16S596 1.157,341 Cktrrent assets Otrer debtors 3,617 Cash at bank and in hand 137,771 161.442 141.5T7 165.059 Liabilities Creditors . Arnount falling due *ithin one year 1078 3,1421 136.499 161.917 Total net assets The fund5 of the charity Unrestricted income funds General purposes fund Designated Fund IPioperties, Land, Fsxtures & Frt1rr etcl 141,822 1.160.273 169,014 1.19).244 095 Hon Chairnn- Mr Nirdnjan Vakharia Hon Se¢tary- Mr Chiwi &Aan Hon Treasurer- Mr Pd Sandhir Date:
THE HINDU CHARITABLE TRUST NOTES TOThE FINANCi4L STATEMENTS Fcfé THE YEAR ENDED 31 DECEMBER 2020 1 ACCOUNTING POU¢IES al Basis tsf finantsal ststemenls The financial 5tstements have been [Wad in wilh Slatetrwt of Reo)mmended Practir: Attfjunting and Rwting by Charities preparing thr accc¥Jnts in aco)rdan¢ with the Fin3noal Reporbng Standard applicable in the UK aThY RepublJ¢ of Irdand IFRS 1021 issued 16 July 2014 as atnended on 2 February 2016 and the Finana81 ReportirJ Standard app1K£e in Ihe UK and RepuNic of Ifdaryl (FRS 1021 and UK Generally A¢¢epted Accepting PrÈthcÈ as itaprAies frcm 1 January 2015. The Trustees rneet the definil.cfft da wAi¢ benefit entityunder FRS 101 Assets •xl lobilthe5 are initially rewgnised histWiC81 ojst u tran5acticffj value esS otherwis8 Staled in Ihe rvant arxxAJntmg w)liGy n(elsl. bl Tan9itAe fixed assets atNJ ¢J4)reoaiw- Frxwj a55ets are stated at Costs less aoxrnulated depreck9tion. The cost ol minora(klitis are rt (aptalkwj. Dwetiat is t¥ovwJed to write off LY)5t of ats ov8r their useful life ai the follwrvJ rates.. Fixtsjres and Frtthgs 25% reduw balanr£ cl Ino)ff- Ml Income is induded in Ihe Statementof Finanfial Acknties when the d)aiity is entiled to Ihe incxfft and the arnJnt can by quan11f with reascfiae acoJraLy. In(A)mÈ reNed by the way of grants is induded in full in Ihe Statementof Financial Acts1$ when realle. and mat¢hed to spe¢rfi¢ time peri(ts or expwthture where appr(yia. el Funding accWnlw- Unre51ricted lunds are avaiL8trAe for Ihe use at Ihe th5[xeb twstees in furU)erar of the generaj 0.e£leS of charity. n Going concem- There are no matenJ uncntw r*taJ to ety or tt)at (ast sign1ftt(bJbI the charivs ability lo ojntinue as a gK4ng Cc£m.
THE HINDU CHARITABLE TRUST NOTES TO THE FINANCW STATEMENTS FOR ThE YEAR ENDED 31 DECEMBER 2020 2 VOLUNTEERS The Hindu Challtae Trust rdies Lxt vdunleer5 10 (ztryout Ihe rTBnagernenL administrati and generdl rnaintenance work. The trust has no paKI enwoyees or ld trusiees othwthan the tempje priest 3 DONATIONS Total Fund$ Totsl Funds 2019 Funds 2020 Private- 1nd1vKaI Dati$ Subscripti$ 19267 19.267 56,780 1,275 19 4 CHARITABLE ACTIVMES. INCOME Total Funds Totsl Fund5 FurN15 2020 2019 Bank interest Re(twed 293 293 5 CHARITABLE ACTIVITIES. EXPENDrfuRE untrid Funds Total Funds 2020 Totsl Funds 2019 Wages EmJoyer pen5Km- Nest Water rates Insurance Light & heat Repairs & mainlenanc Telephone & Intemet Legal Fees Bank tharges & Interest Advertisiw.Frt)st, pmtiThJ & stat. SundrE5 Cthning eXpseS Rdigiou5 & ¢uliurnl events Awuntancy 25.645 396 25.645 396 25.319 382 3,645 4,253 7,243 4.762 3.000 7.290 4.378 5,920 3.197 701 4,378 5.920 3.197 701 28 510 2.387 3,111 51 510 2.387 3.111 51 805 6.159 5,722 8.942 900 DeprecÉation: Fixhjres & fittings 1.7T4 1,774 2,366
THE HINDU CHARffABLE TRusr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 6 WAGES No remuneratkx paKI to Ihe Irustees n Ihe year. Th8 kfdges paKI lo the lests as follcws: Wag88'. 2020 2019 25,645 25,319 EOyeeS Lluring Ihe year There ts no key marogement ith rernUreralK. 7 TAXATION As a thafity. The HIrK Charitable TtU5t is exerry)t from tsx th incoft 3nd gains fallg with section 505 of Ihe Taxes A¢t 1988 or S256 of Ihe TaY2tion of ChargeatAe Gains Ad 1992 to U)e Èxtent that tt)esÈ a appled to ¢ts Charitab obiecls. No tax drges have artsw •) the dwrity. TANGIBLE FIXEO ASSETS Freehold Land FIxre$ & Fitting$ & Buildings Total Cost As At 01101r2020 Additions 1.150.244 10,029 102.785 1.253.029 10,029 As At 31112r2020 1 160 273 102785 1263 058 Depreciatio As At 01101r2019 Charge for the year 95,688 1.774 95,688 1.774 As At 31112r2019 Net Book Valuo As Al 31112r2019 1 160 273 1 165 596 As At 0110112019 1 157 341 Note.. During the year, Tangth rd assets Ef8 revalu based rn the ofthe Trustee. 9 CREDITORS Arwnts falling due wthin rme year 2020 2019 Olhw Crediltys 3,961 PAYE Payable 1,117
THÉ HINDU CHARITABLE TRUST NOTES TO THE FINAACLAL STATEmE1s FOR THE YEAR ENDEO 31 DECEMBER 2020 10 ANALYSIS OF NET ASss BETWEEN FUNOS Unr¢$trirted Funds Total Funds TarKJibk Frxed Assets 1.1flJ.273 ].1.273 Net CurrentAssets 141. 141.822 Net A95etsat 31 Decem 1.&)2.095 11 FUND ANALYSIS Balano at Inv)ming 31M2r2019 esour¢es (tgOing resour¢e$ Balance at 31112r2020 UnT8Stricted FuTrJs 1.319.258 51.798 1,302,095 1.319.258 1.302,095 12 STATEMENT OF FINANCIAL ACTIVITES cOmPAlTIVE NOTE FOR THE YEAR ENOED 31 DECEMBER 2020 Total Funds 2018 Fund5 Fund5 2019 Income frtyn Datn$ 58.055 5&055 91.416 Charitae tr 293 177 Giftmd Tax RefLnd5 14.651 Ttstsi Incon 106,244 Expenditure on charrtaa xtiwties 71788 72.918 Total Expendilu 72.788 72,788 72,918 Net inc0me1lexpendireI (14,4401 114,4401 33.326 Reconclatiors of fvnd5= Fund balarKes broLwJhtfcnYard 1.333.698 1.3U698 1.300.372 Fund balantes earrl8d toard 1.319.258 1.319.258 1.333.698 13 RELATEO PARTIES Ag al 31 December 2020. Llwe ere no rdaie¢J partytrans& 14 STATEMENT OF CASH FLOWS The Hirth Charitthe Twslhas dK)sen to lake lv2nwe dtsdosfft Èxemptk or$in 7.1B of FRS 102. where a small enlityis not required to¢omrty %ith Ihis seth.
THE HINDU CHARITABLE TRUST Indepgndont Examinerfs Report INDEPENDENT EXAMINERS REPORT TO THE TRUSTEE OF THE HINDU CHARITABLE TRUST I report on the financial stal•m8nts ot The Hindu Charitable Trustfor the year ended 31 December 2020 which comprise the Statement of Financial Activibes. the Balance Sheet and the related notes. TS r8port is made Solely to Ihe charitys trustees. as a body. My oxamination has begn undertaken so that I might state lo the ¢h8ritys tnJstag$ those matters l arn required to stale to thom in an independonl examEners and for no other wrpose. Respective responsibilities of trusteès and examin•r The charity'$ tru$tses are responsible lor the prepaBtion of the fJnanLial statemanls. The ch8riV$ exèeutive council consider th81 an audit is not réquired for this year under saclion 144 of thè Charities Act 2011 llho Charil'es Aci'l and that an indepandent exarrination is needed. s my SPonSibl11ty to: l examine the financial staterrEnts under the section 145 of the Charities Act 2011. 2 to follow the procedures laid down in the general Directions given by the Charlty Commissionlunder section 14515llbl ofthe Charities ACL and 3 to stsle whèther particular matters have Come to my attention Basis of ind•pÈndent examiners ststement My examinatiry) was carried out in a¢cordance with the general directions given by the Charity Commissicfj. An examination includes are review of the 8¢counting rewds kept by the charity and a comparison of Ihg financial Statements presented with those records. It also includes consdtrration of any unusu31 items OT disdosures in the financial stslements. and seeking explanations from the trusteès Concerning any such m8tters. The procedures undertaken do not pmide all the evidence Ihal would be required in an audit and consequently no opinion is given as to whether the finanoal statements present a 'true and fairf vlew ar the roport is limited to those mattèrs s¢t out in t ststement below. Indgpgndent examln•Vs stat•nnt In connection with my examiwT81ions, no matari81 matters havo come to my attention vthich gives cause to believe that in, any material resp8¢1.' 1 th8 #e¢Intrng records wè not kept in acc(*dare with secuon 130 of the Chariti88 Act., or 2 the accounts did not ard with the accounting records; or 3 the accounts did not comply wth the applicable requirements ncem1j the fom) and content of accounts sel out in the CharttieslAccounts and Reports) Regulations 2008 other than afty rull8rnents that the account give a Irue and fairf whlch is not a matter considered as part an independenl examination. I have no ¢on¢ems and have come across other matters in connection with the examination to which attents'on should be drdwn in this report in ordorto enable a propèr understanding of ihe aco)unts to bè reached. Pavanj¢èt Singh Bagri IBA. FCA. CTAI Chartered Accountant & Tax Advisor Ashfords Chartered Accountants 28 OCtor 2021 2 Manor Court nor Mill Lane Leeds LS11 8LQ