Charlty reglstratlon number 262605
THE HINDU TEMPLE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

THE HINDU TEMPLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Tnfstees
Mr Umesh Chander Sharma
(Chairman)
MrArun Thakur (Treasurer)
Mr Davinder Kumar Anand
Mr M8hanÈa Shrestha
Mr Upinder Kumar Sharma
Mr Coossialsing Gopaul
Mr Surinder Paul Sharma
Mr Satinder Malholra
Mr 88lmukund Joshi
Charity numb8r
262605
Princlpal address
22 King Street
Southall
Middlesex
U82 4DA
Auditor
MBkesworth Audit Services Ltd
Unil 101, First Floor
C8rvantes House
5-9 Hèadstone Road
Harrow
HAI 1PD
Bankers
HSBC Bank PIC
Punjab National Bank IlntematSonall Limited
ICICI Bank

THE HINDU TEMPLE TRUST
CONTENTS
Pagè
Execajtive committee and twstees, annual report
St8tement of trustees, responsi￿lIdeS
Indewndent auditor's report
Statement of fin8nc¢al activities
Balance sheet
Notes to the financial statements
9-14

THE HINDU TEMPLE TRUST
REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their annual retK*t and financial st8lemenls for thè yèar ended 31 hlarch 2023.
The finanoial slatemènts have been preparerj iri accordance with the accounting pollcles set out In note 1 to the
rinancial stalements and comply with the charitys trust deed. the Charities Act 2011 and 'Accounting and Rep￿ting
by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (èffective 1 January
2019}.
Objectives and actlvltl
The Thain obje¢l of the charfty is the advancement of the Hindu religion. In older to a¢hiev8 Its aims the trust
continues to manage and Naintain the Hindu Temple at 22 King Street in South811, Middlesex.
The trustees have pald due regard to guidance issued by the Charity Commission in deciding what activitws they
should undertake.
Aehievem•nts and p•rfomiance
The Ternple's new building was opened for devotees on 21 July 2006. Free Hindi, mathotnatics and dance dasses
are held on every Saturday and Sunday. Fr￿ yoga classes are also held three times a week. Other sporting activity
such as table tennis is freely available wthin the premises for thè community.
Functions like Diwali. Karvachauth, Mavralras, Janamashatmi and Shovh8y8tr8 were vèry well attended and well
receivèd. App￿CIatIOn was received from tjevotees for succ@ssful arrangeTn8nl of events. The new hall and kitchen
8r8a are in constant use and they a￿ proving to be an additional asset to our Trust. Constant èfforts are ma(lts to
raise funds via arranging various functions.
Financlal ￿VIeW
The trust detrd aulhorises the trugtees to make and holcl investments using the general lunds of the charity. As of 31
March 2023. the Charity held £862.680 in its bank accounts and cash balance.
The charity record8d a surplus for the year amounting to £175.14812022.' £187,274). The charity does not hold any
funds as a ¢ustodi2n trustee.
Reservès Pollcy
It is the policy of the ¢harily to mainlain Un￿￿trICted funds Bt a kvel whlch will enable the Temple lo maintain it5
piemises and run ts nomial operations.
Risk Managèrnent
The trustees actively revSew the major risk which the charity faces on a wular basis and believe that rnaintaining
reserves al Current levels combined with an annual review of the controls over key financial systems. will provide
suffi(#ent resources In the event of adverse conditions.
Plans for fuiure perJod$
The trust￿9 look forward lo the activities of the Ternple prospering as a rèsult of the attra¢tions of its new building.
structure. governancè and managemènt
The charity is govemed by a Trust deed. The trustees a￿ committed to the followers ol The Sanatan Ohamia which
m8ans 'The Most Ancient Religion, an¢J the temple known as Shree Ram Man¢Jir is an id8al Pla￿ of worship and
depicts Hindu life in its totality.
The Iruslees named on page 1 have served throughout the year. Appointment of trustees is govemed by the Trust
deed of the ¢harity. The board of trustees is aulh0ri5ed lo appoint new Iruslees to fill vacancies arising through
resignation or death of an existing trustee. A trustee must be a life memb8r and must have pald the minimum
subscription of £501 before he or sha can be eligible lo stand for election as a trust￿. TTUStèes have to retire after 5
years in olfifje, but shall be ellgible for ￿-eleCtIOn at the next Irustees. election.

THE HINDU TEMPLE TRUST
REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
The trustèes who served during the yèar and up to the date of signature of the finan(xal ststements were..
Mr Umesh Chander Sharrna (Chairman)
MrArun Thekur (Treesurerl
Mr Davinder KumarAnand
Mr Mahznta Shr8stha
Mr Upinder Kumar Sharrna
Mr Coossialsing Gopaul
hAr Surinder Paul Sharma
Mr Sat4nder Malholra
Mr Balmukund Joshi
Auditor
The auditors, Makeswr>rth Audit Services Ltd. have indic3ted Ih¥r willingness to c￿ntInUe in office. The trustees will
prop¢)se a motion reappointing th¢ auditors at a megting of the truslees.
Disclosure of Infomiatlon to auditors
Each ofthè persons who arè Trustees at the b'rne when this Tfustee's ReFort is approved has confirmed that:
so far 8$ Ihat Trustsa is aware, there is no relevant audit informayon of which the charity'5 audltors are unaware.
and
that Trustee has tak¢n all the steps that ought to have been takèn as a Trustee in order io be aware of any
reJevar*t *tJdtl information and to est8blpsh that th¢ ¢harity5 audilors a￿ aware ofihat Infonnafion.
The report was approved by the Board of Trust888.
Mr Umesh Chandgf Sharma (Chairman)
Arun Thakui (Treasurer)
22 Jantjary 2024

THE HINDU TEMPLE TRUST
STATEMENT OF RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2023
The tiuslees are responsible for preparing the Report and the ftn2ncial stateménts in accordanc8 vAth applicAble
law and Unlted Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practieel-
The law applicable to charitses in England and Wales requires the trusteès to p￿pare finan¢ial statements for each
finanaal year which give a true and fair view of the stste of affairs of the charity and of thg *ncoming resour￿$ and
application of resources of the charity for that yeaT.
In preparing these financial statements. the trustees are required to..
select suitable ac¢ounting policies and then apply them consistently.,
observe the methods and prinaples in the Charitles SORP-,
make judg8menls and 8Stimates th8t are reasonable and prudent.,
state wh8ther applicable a¢¢ounting standards have been foll<)wed, subject to any materfal depathjres disclosed
and explained in th6 financial statèmgnts,. and
prepare the financ￿1 stat8rn8nts on the going COn￿M basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping sufficient St￿X>Ur1%1ng ￿CordS that disclos8 With reason8ble accuracy at any
time the financial position of the charity and enable them to ensur8 that the financial ststernents comply with the
Chariti8s Act 2011, the Charity IA¢¢ounts and R&portsl Regulations 2008 and the provisions of the trust deed. They
are also responsible lor 5af8guardin9 the a&sets of the charity and hence for tsking reasonable steps for the
preventlon and detection of fraud and other irregularib"es.

THE HINDU TEMPLE TRUST
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE HINDU TEMPLE TRUST
Opinlon
We have a*Jdited the financial statements of Thé Hindu Tample Trust (the 'charity'l for the year ended 31 March
2023 which cotllprise the ststement of financial activities, the balance sheet and notes to the financial statements,
induding Slgnificant accounting r>olicies. The financial reporting framework that has b*n applied in th8ir preparation
is applicable law and United Kingdom Accounting Standards. including Finanual Reporting Stsndaid 102 The
Fin8n¢ial Reporting Standard applNGab18 in the UK and Republic of Ir81and (Unitèd Kingdom Generally Aec8pted
A¢¢ounting Pra¢ti£*}.
In our opinion, the financial stat6tnenis'.
give a true and fair view of the stat8 ol the charitys affairs as at 31 Marth 2023 and of ils incoming resources
and application of resoure95, lor the year then ended.,
have been woperly prepared in acc￿lanCe wlth United Kingdom Generdlly Accepted Accounting Pracllce.,
and
have been prepared in accordance with the requirorrtents of the Charities Act 2011.
8asts for opinSon
We conducted our audit in accordance wilh Int8rnational Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibllkies under Ihose standards are further dewribed in the Auditorfs ￿sponSIbilitieS fur the audrt of
the financial statements section of our report. We are independent of the charity in accord8nce with the ethical
requirements that are relevant to our audit of the financial slalements in the UK, including the FRC'S Ethical
Standard, and we have fulfr'lled our other ethical respon5ibiliti8s in accordance wlh these requirements. We believe
that tha audit eviden¢e we have obtained is sufficient and apFYopriate to provide a basis for our opinion.
Conclusions relating to going concèrn
In auditing the financial statements, we have conduded that the use of the going concern basis of accounling in the
preparation of the financial statements is appropriate.
Based on the work we have perfomed. we ha￿ not identified any materfal un￿rtaIntieS relating to events or
conditions that, individually OT collectively, rnay cast significant doubt on the charity's ability ￿ Gontinue as a going
concern for a peritxl tsf at leasl twelve months From when the financial statements are authorised for issue.
Our responsibilities and the rest)onsibililie$ of the trustees with respect to going concem are described in the
relevant sections of this report.
Other Infomiation
The other infortn81ic>n COWTtPrises the information includ8d in the annual report other Ihan the financial statements
and our auditors r8POrt thereon. The tnJstee3 are responsible for the other infom)ation contained wthin the annual
report. Our opinion on the financial statemgnts does not wver the other information and we do not 8xpress any form
of assurance ¢onclusion thereon. Our responsibility is to read th6 other infomiation and, in doing so, consider
whether the oth8r information is materially ineonsistent with the financial st&tement5 or our knowledge obtained in
the COL*rse ol the audit. or otherwise appears to be materially misstated. If we idenb.fy sueh material inconsistencies
or apparent maleriai misstatements, we S￿ Tequired to detemiine whether this gives rise lo a material misstalemenl
in the financial statements themselves. If. based on the work we have performed, we conclude that there is a
material misstatetTrent of this other infomialiorE. we are required lo report that fact.
We have nothing lo raport in this ragard.
Matttrrs on whlch we are roqulrgd to report by exceptlon
We have nothing to report in respect of the following rnatters in relation lo which the Ch8rit19$ (Accounts and
Reports) Regul8tion$ 2008 require Lts to report to you if, in our opinion-.
the information given in the financlal stalements Is Inconsistent in any material respect with the report- or
sufficient accounting records have not been k6pt-. or
the financial statements are not in aureement with th8 accounting r8cord$- or
we have not recelved all the infomation and explanalioris we require for our audit.

THE HINDU TEMPLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE HINDU TEMPLE TRUST
Responsibilltles of Trustees
As explained more fttlly in the statèment of responsibilities, the trustees trustéés are responsible for the preparation
of the financt815tatements and for being satisfied that th8y give a true and fair view, and for such int8mal control as
th8 trustees determine is necessary to enable the preparation ol financial statements that are freo from material
misst8tement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for
assessing the charity's ability k> continue as a going concem. disclosing, as applicable, matters related to going
concern and using the going conc8rn basis ol accounting unless the trLtstee5 eilh8r intend to cease operations, or
have no reallsth'¢ attemative but to do so.
Auditorfs responsibilitios for the audit of the financlal statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and raport in accordancè with the
Act and relevant regulations made OT having effect thereuryjer.
Our objectivès are to obtain r8asonable assurance about whether the financial ststements as a whole are free trom
material misstatement, whether due to fraud or error, and to issue an auditors report that includes our opinion.
R8asonabl¢ assurance is a high level of assurance bul is a guarantee that an audit conducted in accordance
ith ISAS IUKI will always detoct a material n)isstalement wh$n il exists. Misstslernents can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the econornic deusions of users taken on the basis of these financial ststements.
The extent to which our prDcedures are capable of detecting irregularitigs. including fraud, is detailed bdow.
Enquiry of trustees and those charged wth governan￿ as to actual and potenb.al litigation and claims.
Enquiry of Irustè6s. wMplIan￿ functions and rol98 to identtfy any instances (rf non-compli8n¢x with laws and
reguLgtions.
Reviewing finanual statement disclosures and testing to 5UPPOrting docurnenlation to assess compliance wth
applicable laws and regulations and accountti)g $landards-. and
Performing audit wort( over the risk of managgment override of controls, induding testing of joumals entries and
other adjustments for 8ppropriateness. evaluating the business r8lionale of significant trBll$8¢tw)ns outside the
normal course of business. and reviewing accounting estirnates for bias.
Because of the inherent lirnitalions of an audit, therg is a risk that we will not detect all i￿egUlarl￿8S, including those
leading to rnalerial misstatement in the financial statements or non-compliance with regulab'on. This risk increases
the rnore that compliance with law or regulation is removed from the events and transadions reflected in the
rinanci81 statements, as we will be less likely lo become aware of instances of non-compliance. The risk is also
greater regarding irregularities oc¢urring due to fraud rather than error, as fraud involves intèntional concealment.
forgery, collusitsn, (Knission or misrepresentation.
A furttr￿r descrlption of our resrx)n$sbilities is av8ilabfe on the Financial Reporting Council's website at.. https'.11
www.frc.￿g.ukJaudit0rsresponSibIlitI8$. This description lorms part of our audilols report.
Other mattgrs
Your attention is drawn to the fact that the charity has Prèpared financial statements in accordanTr with 'Accounting
and Reporting by Chariti&s.' Statement of Recommended Practice applicable to charities preparing their accoltnts in
aeeord8nce with the Financial Reporting Standard applicable in the UK and Republic of Irelsnd IFRS 1021. las
amended) in p￿fe[tr￿C￿ to the Accounting Reporting by Charities.. Statement of R8commended Pr8¢tice issued
on 1 April 2005 which is referred to in the extant regulations but has now been wsthdrawn.
This has been done In or(ler for the financial statements lo providfr a true and fair wew in accordance with current
Generalty Accepted Accounting Practic8.

THE HINDU TEMPLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE HINDU TEMPLE TRUST
Use of our report
This report is made solely to the Charity's trustees, as 8 body in accordance wilh Part 4 of The Charities IAccounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the Charity's
trustees those matters we ale requirecj to slate to them in an auditorfs report and for no other purpose. To the fullest
extent pemrtted by law, we do not accept or assume responsibility to ar>yone other than the Charity and the
Charity's trustees as è body. for our audit work, for this report, or for the opinions we have formed.
(Senior Statutory Auditor)
Indra Girl
22 January 2024
Chartored Certlfi•d Accountants
Statutory Auditor
Unit 101, First Floor, Cerventes House
S9 Headstone Road. Harrow. HA1 1PD
Makesworth Audit Services Ltd is eliglbla for appointmént as auditor of thè charity by virtue of its eligibility for
appointment as auditor of a company under sectKJn 1212 of the Companies Act 2006.

THE HINDU TEMPLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrestricted Unre5trictgd
funds
funds
2023
2022
Notes
Income from..
Donations and leg$oes
Investments
393,724
54,569
332,951
55,487
Total incom•
448,293
388,438
¢nditure on-
Charitable activities
273.145
201,164
Net income for the ygarl
Net mov•m•nt in funds
175,148
187,274
Fund balances at l April 2022
3.785,193 3,597,919
Fund balancas at 31 March 2023
3,960.341
3,785,193
The statement of financi818Ctivities includès all gains and lo&3es recognised in the year.
All income 8nd trxpenditure derive from C￿ntinUing activities.

THE HINDU TEMPLE TRUST
BALANCE SHEET
ASAT31 MARCH 2023
2023
2022
Note
Fixed a$sets
Tangible assets
10
3.041,440
3.070,333
Current assets
Debtors
C8sh 8t bank an¢ iJi hand
11
63.493
862.680
86.290
638.298
Creditors- amounts falling due within
one year
926,173
724,588
12
17.272}
19,7281
Net current assets
918.901
714.860
Total assets less cur￿n1 Ilabllltl
3,960,341
3,785,193
1￿cOl￿e fun¢ts
Unrestricted fund
3,960,&11
3,785,193
3,960.341
3,785,193
The finanaal st8krnents were approved by the Trustees on 22 Jan(Eary 2024
Mr Umesh
Trustee
hander Sharma IChaimian}
MrAnJn Thakur ITreasurerl
Trust¢•

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accounting poli¢ioS
Charlty Infomiation
The Hindts Temple Trust is an Unincorporated Chartty whose registered address is 22 King Stre8t, Southall,
Middlesex. U82 4DA.
1.1 Accountlng ¢onvention
The financial statements have been prepared in accordance with the Charlties Act 2011, FRS 102 "The
Financial Reporting Standard applicable in the UK and Reput￿lC of Ireland" l°FRS 102.1 and the Charities
SORP 'Accounting and Reporting by Charib'es: Ststement of Recommended Practice appli&gble to charits"8S
preparbng their accounts in accotdance with th8 Finartcial Raporting Stanclard applicable in the UK and
Republie of Ireland IFRS 1021. leffectSvt 1 January 20191- The Charty is 8 Public Benofil Entity as defined by
FRS 102.
The Charity has takgn advantage of the provisions in the SORP for charities not lo preparè a Slalemenl of
Cash Flows.
Thè financial statèments have departed from the Charities (Account5 and Reports) Regulations 2008 only to
the extent required to provide a true and fair vi8w. This departure has involved following tho Ststement ol
Recomtnended Pra¢tiix for charftles applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulatlons but which has since been withdrawn.
The financial statemgnts ar8 prèpared in sterling. which is the functional cvrren¢y of the Charity. Monetary
amounts in these financial statements are rounded to Ihe nearest £.
The financial statements have been prepared under the historical cost convention. Tha principal accounting
K>licies adopted are set out below.
1.2 Going conc#m
At the time of approving the the financial ststements, the Trustees have a reasonable gxpectation that the
Charity has adequate rÈsouTces to continue in 0￿rat1(￿al existence for the forese&8blg future. Thus the
trustè8s continue to adopt the going concem basis of accounting in prepaTing the finaneial ststements.
1.3 Charitable funds
Unrestricted funds are available for use 81 the di￿re110n of the truslees in fvrtherance of their d)aritable
objectives.
Restri¢ted funds are subject to specifi¢ ¢x)nditions by donors as lo how they may bè usod. The purposes and
uses of the restricted funds are sel out in the notes lo the financial statemenls.
Endowment funds are subject to specrfic conditions by donors that the Gapitsl must be maintained by the
chartly.
1.4 Incomè
Income is recognised when the charity is legally enlilled to it 8fter any perfomiance cond￿On¥ have been met,
the amounts can be measured reliably, an¢J it is probable Ihal in¢xme will be reoeived.
Cash donations ar8 rewgnlsed on rec￿pl Other donations are recognised once the charity has been notified
ol the donation, unless performancè ctsndilions require deferral of the amount. Income tax recoverable in
relation to donations reGeNgd under GiftAd or deeds of covenant is recognised al the lime of the donalion.
Legacies are recognised on reeeipt or othernise if the charity has been notified of an impending distribution.
the amount is known. and rÈGeipt 15 exp8¢ted. If the amount Ss noi known. the legacy is treated as a
contingent 8sseL

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
Icontinuod)
1.5 Expgndlture
Exp8nditure ts recognised once there is a legal or constructlve obligaUon to trénsfer economic benefit to a
third party. it is probable that a transfer of economic benefrts will be required in setUEmenl, and the amount of
the obligation can be measured reliably.
Expenditure ts classifieil by actlvty. The costs of each activty are madè up of the total of direct costs and
shared costs. including support costs involved in undèrtaking each activity. Direct Costs attributable to a single
activity are allocated di￿G11Y to that activity- Shared o)sts which contribtjte to more than one adivity and
support costs which are not attributsble to a slngle activity are apportioned belween those actlvities on a basis
consistent with the use ol resources. Central staff costs are allocated on the basis of lime spent, and
depre¢iation ch8rges are alk)cated on the portion of the asset's use.
1.6 Tanglble flx•d assets
Tangible fixed assets are instsalty measur8d at cost and subsequentty rn888ured at eos* or valuation, net of
depreciation and any impaiment Ioss88.
Depreciation is recogniséd so as to write off the cost valuation of assets less their residual values over their
useful lives on the followtng bases..
Land
Fre6hold buildings
Fixture and fittings
Jewellery
Hindu idols and deities
No depreci8tion
1 % straight line
1 % straight line
No depreciation
1% Stra￿ht line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and th8 C8rrying value of the asset, and is recognised in Ihe statement of financial a¢tivilies.
1.7 Impatrrnent of fixed assets
At each rewrtlng end date, the charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, th& recoverable amount of the asset is ests'mated in order lo detemiine the extent of the impaimient
loss lif anyl.
1.8 Cash and cash equivalents
Cash and cash eqliivalènts indude cash in hand. deposits held at call wth banks. other short-lerm liquid
investments with original maluribes of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financlal Instruments
Thè charity has elected to apply th8 provisions of Sèction 11 '8a$ic FinanciBI Instruments, and Sedion 12
'Oihgr Financi81 Instruments Issue8. of FRS 102 to all of its finanoal instruments.
Flnanci81 instnjments are recognised in the charity's balanc8 sheet when the charity becomes p8rty to the
contractual provisions of ihe instrutllenL
Financial as5els and liabilities are offset. with the nel amounts presented in the financial slalemenls, when
there is a legally enforceable right lo set off the reeognised amounts and there is an intention to settle on a nel
basis or to realise the asset and settle the liability simultaneoLssIy.
io-

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policios
IcontSnu•dl
Bas1¢ financial assets
Basic financial assets, which includé debtors and cash and bank balan￿s, are initially measured al
transactson price including transaction costs and are subsequentty carried at amortised cost using the effective
intèrest methcd unless the arrangement constitutes a financin9 tr8ns3ctson, where the transaction is
measured al the presonl value of thg future receipts discounted at a market rale ol interest Financial assets
classified as recelvable within one year are not amortised.
Baslc Ilnancial liabilities
Basie financAal liabilities. induding creditors and bank loans ar8 initialty recognised * transaction price unles5
the arrangement consiitutes a financlng transaction, where the debt instrument is measured at the present
walue of the future payments discounted al a matket rate of interest. Financial liabilitses ¢l¥ssified as payable
thin one year are not amortised.
Debt inslwments are subsequendy carried at amortised cost, using the effective interest ratè method.
Trade creditors are obligations to pay for g¢)ods or services that have been acquired in the ordinary course of
operations from suppliers. Amounis payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non¥current liabilities. Trade creditors are recognised inibally at
transaction price and subsequenrfy moasLrred at am0￿"Sed cost using the effective interest methixl.
Deracognffltion of financl41 Ilabllltl•s
Financial liabilities are derecognised when the charity'5 contractsjal obligations explre or are discharged or
Can￿lled.
1.10 Employee benefits
The cost of any unused holiday entiuemenl is recognSsecf in the perf(KJ In which the employee's services are
recoived.
Temilnation benefits ar8 recognis6d immediately as an gxpense when the charity Is dgmonstrably cornmitted
to temiinate the employment of an employee or to provide lemiination benefits.
Crltlcal accountlng estimates and judgemont6
In the application of the Charty's accounting policies. the th8 trustees are ￿quIred to make judgements,
ests'matas and assumption8 about the carrying amount of assets an(J liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical eXper￿nCe and other
factors that are considered lo be relevant. Actual results may drfter from these eslimatas.
The estimates and underlying assumpti￿5 are revi8w8d on an ongolng basis. Rèvisions lo accounting
astimat95 are recognised in the pèriod in which the estimate is Tevised where the revision affects only that
period, or in the period of the r8vi8ion and future periods where the revision offects both currenl and futur8
p8riods.
Donatlons and 1tr9a¢le5
Unrgstrl¢ted Unrestricted
funds
funds
2023
2022
Donations and grfts
393.724
332,951

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Donations and legacles
{Continuedl
Donations and gfft$
Donations
Gift aid refund8
Coronavirus job retention scheme grant
Other incoJne
330,231
63.493
257.358
49,069
1.524
25,000
393.724
332,951
Inv8stmènts
Unr•stric*ed Unrestri¢ted
funds
funds
2023
2022
Rental incomg
Interest ￿¢&1¥able
50,650
3.919
52,200
3,287
54,569
55,487
Charltsble aclivltles
Charitable Charltable
Expenditure Expenditu
2023
2022
Fundional expanses
Water rates and ￿un￿l taxes
Cleaning expenses
Insurance
Light and heat
Repairs and fflaintenance
Printing and stationary
F&stival aetivil*e$
General expenses
18,246
11,307
11,798
5,009
20,778
106,069
450
18,728
5.576
14,511
10,770
21,548
4,490
22,311
43,419
468
15,040
1.254
197,961
133,811
Share ol support costs Isee note 61
Share of govérnance costs (see note 61
68.884
6,300
59.733
7,620
273,145
201,164
12-

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Support costs
Support Govèmance
costs
costs
2023
Support Governance
costs
costs
2022
Staff costs
Depreclation
Telephong and intemèi
Bank charges
35,200
28,893
2,451
2.340
35,200
28.893
2,451
2.340
26.990
28,893
2,165
1,685
26.990
28.893
2.165
1,685
Audit fg8s
Legal and professional
3.600
2,700
3.600
2.700
7.620
7,620
Analysed between
Charitable activities
68,884
6,300
75,184
59,733
7,620
67,353
Governan￿ costs includes payments to the auditors of £3.60012022.' £nill for èudil fees.
Truste0$
None ol the trustees lor any persons ¢onnect8d with them) rtrceived any remuneralion or bertefits from the
charity during the yeaf.
Employees
Th8 8verage monthly number of efnployees dutlng the year was=
2023
Number
2022
Number
Employmgnt Costs
2023
2022
Wages and salaries
35.200
26,990
Theie were no employees whose annual remuneration was more than £60,000.
Taxatlon
The charity 18 exempt from tsx on income and gains falling within section 505 of the Taxes Act 1988 of section
252 of the Taxatlonof Chargeable Gains Act 1992 to the extent that thesa are applied to its charitable objects.
13-

THE HINDU TEMPLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
10 Tanglble flxed ass¢ts
Land and
bulldlog8
Jtrw¢llory Flxtures dnd
ttlngs
Hindu idols
and d•itk$
Total
Cost
At 1 April 2022
3,388.453
8,000
223,759
94,743
3,714.955
Al 31 M8r¢h 2023
3,388,453
8,000
223.759
94,743
3,714,955
Depreciation and impalmi¢nt
At 1 April 2022
Depreciation charged in the year
500,228
25,708
55,456
2,238
88,938
644,622
28,893
At 31 March 2023
525,936
57,694
89,885
673,515
Carrying amounl
At 31 March 2023
2,862.517
8,0
166,065
4,858
3,041,440
At 31 March 2022
2,888,225
8.￿0
168,303
5.805
3,070,333
All of the aLK>ve assets are used for charbtable purrK>se8.
11 Dobtors
2Q23
2022
Amounts fBlling due within one yèar
Other debtors
63,493
86,290
12 Credltors: amounts falllng due withln one y•ar
2023
2022
Other tsxation and social security
Trade creditors
Other credltors
Accruals and deferred In￿[ne
143
107
3.055
566
6,000
1,129
6,000
7,272
9.728
13 R•latèd party transactions
There were no disck)$8ble ielated party transaciions during the year12022- none).
14-