| Contents | Pages | |
|---|---|---|
| Reference and Administrative Information |
||
| Report ofthe Trustees | 2-9 | |
| Independent Examiner's Report |
10 | |
| Statement ofFinancial Activities | ||
| Balance Sheet | 12 | |
| Notes tothe Financial Statements | 13-23 | |
| THE FOLLOWING PAGES AREFORMANAGEMENT | PURPOSES ONLY | |
| Unrestricted Funds - Income |
24 | |
| Unrestricted Funds - Expenditure |
25 | |
| Restricted Funds | 26 |
| FORTHE | YEARENDED | ||||
|---|---|---|---|---|---|
| 31OCTOBER2022 | |||||
| CHARITY | NAME: | The Vedic Society | ofSouthampton | ||
| CHARITY | REGISTRATION NU1NBER: | 263969 | |||
| PRINCIPAL OFFICE: | 79-195Radcliffe Road | ||||
| Northam | |||||
| Southampton | |||||
| SO14OPS | |||||
| HOLDING | TRUSTEES: | Avinas Patel | (Chairperson) | ||
| Latha Davda | |||||
| Jaldip Patel | |||||
| Pravin Patel | |||||
| Bhaskar Dave | |||||
| CHARITY | TRUSTEES (Executive | Committee): | |||
| Office Bearers | Sanjay Chandarana | (President) | |||
| Sanjay Davda | (Vice President) | ||||
| Priti Dave | (Secretary) | ||||
| Nikhyta Patel | (Assistant Secretary) | ||||
| Nikhil Chikal | (Treasurer) | ||||
| Shraddha Bhatt | (Assistant Treasurer) | ||||
| Committee | Members | Raj Kumar Chadda | (Co-Opted) | ||
| Sarika Chandarana | |||||
| Riva Kaimal | |||||
| Meten Lakhani | |||||
| Ravindra Parmar | (Co-Opted) | ||||
| Bharat Patel | |||||
| Jalpan Patel | |||||
| Jay Patel | Res Aug 22 | ||||
| Vijay Patel | (Co-Opted) | ||||
| Mansukh Pipalia |
|||||
| SECRETARY: | Priti Dave | ||||
| BANKERS: | TSBBank Plc | ||||
| Barclays Bank Plc | |||||
| NatWest Bank Plc | |||||
| INDEPENDENT EXAMINER: | Abraham 4Dobell | ||||
| Chartered Accountants | |||||
| 230 Shirley Road | |||||
| Southampton | |||||
| SO153HR |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Note | Funds | Funds | Funds | Funds | |||
| INCOME | |||||||
| Donations and legacies |
89,100 | 89,100 | 70,915 | ||||
| Other trading activities | 34,213 | 34,213 | 12,633 | ||||
| Investment income |
36 | 36 | 8 | ||||
| HMRC CJRS grants | 7,924 | ||||||
| TOTAL INCOME | 123,349 | 123,349 | 91,480 | ||||
| EXPENDITURE | |||||||
| Charitable activities |
101,756 | 101,756 | 37,373 | ||||
| TOTAL EXPENDITURE | 101,756 | 101,756 | 37,373 | ||||
| NET INCOME/NET | MOVEMENT IN | ||||||
| FUNDS FORTHE YEAR | 21,593 | 21,593 | 54,107 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 658,196 | 3,517 | 661,713 | 607,606 | ||
| Total funds carried | forward | f679,789 | K3,517 | f683,306 | /661,713 |
| DONATIO | NS AND LEGACIES |
||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Donations: | General | 89,100 | 89,100 | 70,915 | |
| Total Donations Received | K89,100 | f89,100 | 670,915 |
| OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| Festival events and other activities | 19,653 | 19,653 | 4,680 | |
| Car parking | 8,540 | 8,540 | 2,853 | |
| Subscriptions | 150 | 150 | ||
| Service Occupancy | 5,100 | 5,100 | 5,100 | |
| Music lessons | 770 | 770 | ||
| Total Other Trading Activities Income Received f34,213 | /34,213 | f12,633 | ||
| In2021 the income &om other trading activities of$12,633was | unrestricted. |
| 2022 | 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||||
| Funds | Funds | Funds | Funds | |||||||
| Bank interest | 36 | 36 | ||||||||
| Total Investment | Income | f36 | f36 | |||||||
| In2021 investment | income ofK8was unrestricted. | |||||||||
| ANALYSIS | OFEXPENDITURE | ON RAISING | FUNDS | AND CHARITABLE | ||||||
| ACTIVITIES | ||||||||||
| 2022 | 2021 | |||||||||
| Total | Total | |||||||||
| Worship | Funds | Funds | ||||||||
| Staffcosts | 21,156 | 21,156 | 20,942 | |||||||
| Festival events and | other activities' | expenses | 25,609 | 25,609 | 1,268 | |||||
| Premises | 28,287 | 28,287 | 11,499 | |||||||
| Repairs and | renewals | 21,819 | 21,819 | 878 | ||||||
| Support costs | 2,678 | 2,678 | 1,408 | |||||||
| Governance | costs | 2,207 | 2,207 | 1,378 | ||||||
| $101,756 | f101,756 | f37,373 |
| General | Total | Basis of | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Support | Governance | Funds | Apportionment | |||||||
| Publicity | 1,486 | 1,486 | Transactions | |||||||
| Communications | 1,002 | 1,002 | StaffTime | |||||||
| General office | 190 | 190 | StaffTime | |||||||
| Independent | Examiner's | fees | 800 | 800 | Governance | |||||
| Legal, professional | and licence fees | 1,407 | 1,407 | Governance | ||||||
| K2,678 | K2,207 | K4,885 | ||||||||
| 7. | ANALYSIS | OFSTAFFCOSTS, | TRUSTEE REMUNERATION | AND EXPENSES | ||||||
| 2022 2021 |
||||||||||
| Priest's salary | 20,802 20,587 |
|||||||||
| Employer's | Pension | Contribution | 354 | 355 | ||||||
| 621,156 /20, |
942 | |||||||||
| The average | number | ofemployees | during the year was | |||||||
| No employee | received emoluments | ofmore than f60,000during the | year (2021 - none). |
| 12. | CREDITORS: Amounts | falling due within one year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Accruals | 7,500 | 7,200 | ||
| Social Security and other | taxes | 440 | 868 | |
| Other creditors | 126 | 2,214 | ||
| K8,066 | f10,282 |
| 2022 | 202i | ||
|---|---|---|---|
| Financial | assets that are debt instruments | ||
| Financial | liabilities that are debt instruments | 8,066 | 10,282 |
| ANALYSIS OFNET ASSETSBETWEEN | FIJNDS | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| Tangible fixed assets | 347,823 | 347,823 | |
| Current assets | 340,032 | 3,517 | 343,549 |
| Current liabilities | (8,066) | - | (8,066) |
| Net assets at31October 2022 | f679,789 | K3,517 | f683,306 |
| 2022 | 2021 | |
|---|---|---|
| INCOME | ||
| Voluntary Income |
||
| Donations: General |
89,100 | 70,915 |
| Investment Income |
||
| Bank interest | 36 | |
| Charitable Activities |
||
| Festival events and other activities | 19,653 | 4,680 |
| Sub scriptions | 150 | |
| Car parking | 8,540 | 2,853 |
| Service Occupancy | 5,100 | 5,100 |
| Music lessons | 770 | |
| Other Income | ||
| HMRC CJRS grant | 7,924 | |
| TOTAL INCOME | f123,349 | f91,480 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| EXPENDITURE | |||||||
| Charitable Activities |
|||||||
| Priest's salary | 20,802 | 20,587 | |||||
| Priest's pension | 354 | 355 | |||||
| Festival events and | other activities' | expenses | 25,609 | 1,268 | |||
| Light and heat | 18,602 | 5,741 | |||||
| Water rates | 392 | 1,768 | |||||
| Refuse collection | 1,940 | 769 | |||||
| Repairs and renewals | 21,819 | 878 | |||||
| Insurance | 2,614 | 2,109 | |||||
| Cleaning expenses | 4,739 | 1,112 | |||||
| 96,871 | 34,587 | ||||||
| Support and Governance | Costs - | Charitable | Activities | ||||
| Telephone | 1,002 | 1,331 | |||||
| Independent Examiner's |
fees | 800 | 800 | ||||
| Legal, professional | and licence fees | 1,407 | 578 | ||||
| Printing and stationery |
1,486 | 77 | |||||
| Sundry expenses | 190 | ||||||
| 4,885 | 2,786 | ||||||
| TOTAL EXPENDITURE | F101,756 | 637,373 |
| RESTRICTED FUNDS | RESTRICTED FUNDS | ||
|---|---|---|---|
| FORTHE YEARENDED | |||
| 31OCTOBER2022 | |||
| 2022 | 2021 | ||
| GARDEN PROJECT | |||
| Donations received b/f | 1,937 | 1,937 | |
| BALANCE AVAILABLE FORTHEPROJECT | 1,937 | 1,937 | |
| PHILIPPINES FUND | |||
| Donations received b/f | 1,580 | 1,580 | |
| BALANCE AVAILABLE FORTHE FUND | 1,580 | 1,580 | |
| TOTAL RESTRICTED FUNDS | K3,517 | K3,517 |