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|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|
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|||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|||
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|||||||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|
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|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.|||
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||||||||||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|
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|||||||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).|||
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|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|
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||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|
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|||||||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|
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|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|