| Contents | Pages | |
|---|---|---|
| Reference and Administrative Information |
||
| Report ofthe Trustees | 2-9 | |
| Independent Examiner's Report |
10 | |
| Statement ofFinancial Activities | ||
| Balance Sheet | 12 | |
| Notes to the Financial Statements | 13-23 | |
| THEFOLLOWING PAGES AREFORMANAGEMENT | PURPOSES ONLY | |
| Unrestricted Funds - Income |
24 | |
| Unrestricted Funds - Expenditure |
25 | |
| Restricted Funds | 26 |
| HOLDING | TRUSTEES: | Avinas Patel | (Chairperson) |
|---|---|---|---|
| Laths Davda | |||
| Jaldip Patel | |||
| Pravin Patel | |||
| Bhaskar Dave | |||
| CHARITY | TRUSTEES (Executive | Committee): | |
| Office Bearers | Sanjay Chandarana | (President) | |
| Sanjay Davda | (Vice President) | ||
| Nikhyta Patel | (Secretary) | ||
| Sarika Chandarana | (Assistant Secretary) | ||
| Riva Kaimal | (Treasurer) | ||
| Shraddha Bhatt |
(Assistant Treasurer) | ||
| Committee | Members | Vinod Desai | |
| Dimple Sutaria | |||
| Meten Lakhani | |||
| Bharat Patel | |||
| Jalpan Patel | |||
| Mansukh Pipalia |
|||
| Nikhil Chikhal |
|||
| Vijay Patel | (Co-Opted) | ||
| Jayanthini Mahadevan |
(Co-Opted) | ||
| Raj Kumar Chadda | (Co-Opted) | ||
| SECRETARY: | Nikhyta Patel | ||
| BANKERSt | TSBBank Plc | ||
| Barclays Bank Plc | |||
| NatWest Bank Pic | |||
| INDEPENDENT EXAMINER: | Abraham &Dobell | ||
| Chartered Accountants |
|||
| 230 Shirley Road | |||
| Southampton | |||
| SO15 3HR |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Note | Funds | Funds | Funds | Funds | ||
| g | ||||||
| INCOME | ||||||
| Donations and legacies |
2 | 97,547 | 97,547 | 89,100 | ||
| Other trading activities | 3 | 90,587 | 90,587 | 34,213 | ||
| Invesnnent income |
4 | 553 | 553 | 36 | ||
| TOTAL INCOME | 188,687 | 188,687 | 123,349 | |||
| EXPENDITURE | ||||||
| Charitable activities |
167,644 | 167,644 | 101,756 | |||
| TOTAL EXPENDITURE | 167,644 | 167,644 | 101,756 | |||
| NET INCOME/(KXPENDIUTRE) | 21,043 | 21,043 | 21,593 | |||
| Gains on revaluation | offixed assets | 66,250 | 66,250 | |||
| NET MOVEMENT | IN FUNDS FOR | |||||
| THE YEAR | 87,293 | 87,293 | 21,593 | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 679,789 | f3,517 | K683,306 | 661,713 | ||
| Total funds carried forward | f767,082 | K3,517 | f770,599 | f683,306 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | g | ||||
| FIXEDASSETS | |||||
| Tangible fixed assets | 442,971 | 347,823 | |||
| TOTAL FIXEDASSETS | 442,971 | 347,823 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 22,709 | 22,852 | ||
| Cash at bank and in hand | 11 | 312,829 | 320,697 | ||
| TOTAL CURRENT ASSETS | 335,538 | 343,549 | |||
| LIABILITIES | |||||
| Creditors: Amounts falling due within one year |
12 | 7,910 | 8,066 | ||
| NET CURRENT ASSETS | 327,628 | 335,483 | |||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES/NET ASSETS | 14 | f770,599 | f683,306 | ||
| THE FUNDS OF THK CHARITY | 15 | ||||
| Unrestricted income funds |
700,832 | 679,789 | |||
| Revaluation reserve |
66,250 | ||||
| Total unrestricted funds |
767,082 | 679,789 | |||
| Restricted income funds | 3,517 | 3,517 | |||
| TOTAL CHARITY FUNDS | f770,599 | j683,306 |
| DONATIO | NS AND LEGACIES |
||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Donations: | General | 96,105 | 96,105 | 89,100 | |
| Gift Aid | 1,442 | 1,442 | |||
| Total Donations Received | f97,547 | f.- | f97,547 | f89,100 |
| OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|
| 2023 | 2022 | |||
| Unrestricted | Restricted | Total | Total | |
| Funds | Funds | Funds | Funds | |
| Festival events and other activiues | 43,038 | 43,038 | 19,653 | |
| Car parking | 41,877 | 41,877 | 8,540 | |
| Sub scriptions Service Occupancy |
244 5,100 |
244 5,100 |
150 5,100 |
|
| Music lessons | 328 | 328 | 770 | |
| Total Other Trading Activities Income Received f90,587 | f.90,587 | f34,213 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | Funds | Funds | |||
| Bank | interest | 553 | 553 | 36 | ||
| Total | Investment | Income | I553 | $553 | f36 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Worship | Funds | Funds | |||
| K | |||||
| Staff costs | 23,102 | 23,102 | 21,156 | ||
| Festival events and other activities' | expenses | 33,717 | 33,717 | 25,609 | |
| Premises | 38,333 | 38,333 | 28,287 | ||
| Repairs and | renewals | 53,962 | 53,962 | 21,819 | |
| Support costs | 16,171 | 16,171 | 2,678 | ||
| Governance | costs | 2,359 | 2,359 | 2,207 | |
| f167,644 | f,167,644 | f,101,756 |
| ANALYSIS | OF S | UPP | ORT AND G | OVERNAN | CE COSTS ( | CONTINUE | D) |
|---|---|---|---|---|---|---|---|
| General | Total | Basis of | |||||
| Support | Governance | Funds | Apportionment | ||||
| f. | |||||||
| Publicity | 985 | 985 | Transactions | ||||
| Communications | 547 | 547 | Staff Time | ||||
| General office | 189 | 189 | Staff Time | ||||
| Depreciation | 14,450 | 14,450 | Usage | ||||
| Independent | Examiner's | fees | 828 | 828 | Governance | ||
| Legal, professional | and | licence fees | 1,531 | 1,531 | Governance | ||
| f16,171 | K2,359 | f18,530 |
| ANALYSIS | OF STAFF COSTS | ,TRUSTEE REMUNERATIO | N AND EXPENSES |
|
|---|---|---|---|---|
| 2023 | 2022 | |||
| K | ||||
| Priest's salary and cover | 22,702 | 20,802 | ||
| Employer's | Pension Contribution | 400 | 354 | |
| f23,102 | f21,156 | |||
| The average | number ofemployees | during the year was | 2 | 2 |
| No employee | received emoluments | ofmore than f60,000 during the year (2022 -none). |
| TANGIBLE | FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|---|
| Krishna | |||||||
| Freehold | Statue & | ||||||
| Land &. | Community | Shrine | Building | ||||
| Buildings | Hall | Ornaments | Improvements | Total | |||
| g | |||||||
| Cost orValuation | |||||||
| At 1November | 2022 | 123,132 | 212,526 | 12,165 | - | 347,823 | |
| Additions | 43,348 | 43,348 | |||||
| Revaluations | 66,250 | - | 66,250 | ||||
| At 31October | 2023 | 123,132 | 212,526 | 78,415 | 43,348 | 457,421 | |
| Depreciation | |||||||
| At 1November | 2022 | ||||||
| Depreciation charge for the year |
14,450 | 14,450 | |||||
| At 31October | 2023 | 14,450 | 14,450 | ||||
| Net BookValues | |||||||
| At 31October | 2023 | f.123,132 | f212,526 | f78,415 | f28,898 | f442,971 | |
| At 31October | 2022 | f123,132 | f212,526 | f12,165 | f; | f347,823 |
| 12. | CREDITORS: Amounts | falling due within one year | ||
|---|---|---|---|---|
| 2023 | 2022 | |||
| g | ||||
| Accruals | 7,828 | 7,500 | ||
| Social Security and other | taxes | 440 | ||
| Other creditors | 82 | 126 | ||
| X7,910 | K8,066 |
| Financial | instruments measured at amortised cost comprise |
the following: | |
|---|---|---|---|
| 2023 | 2022 | ||
| K | |||
| Financial | assets that are debt instruments | ||
| Financial | liabilities that are debt instruments | 7,910 | 8,066 |
| ANALYSIS OFNKT ASSETSBETWEEN | FUNDS | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| Tangible fixed assets | 442,971 | 442,971 | |
| Current assets | 332,021 | 3,517 | 335,538 |
| Current liabilities | (7,910) | (7,910) | |
| Net assets at 31October 2023 | f767,082 | X3,517 | f770,599 |
| ANALYSIS OF C | HARI | T | ABLE FUND | S | ||||
|---|---|---|---|---|---|---|---|---|
| Gains on | ||||||||
| Revaluation | ||||||||
| At | Incoming | Outgoing | ofFixed | At | ||||
| 01,11.22 | Resources | Resources | Assets | 31.10.23 | ||||
| g | g | |||||||
| Analysis ofMovements General funds |
in Unrestricted Funds 679,789 |
188,687 | 167,644 | — | 700,832 | |||
| Revaluation reserve |
66,250 | 66,250 | ||||||
| Total Unrestricted | Funds | 679,789 | 188,687 | 167,644 | 66,250 | 767,082 | ||
| Analysis ofMovements Garden Project Philippines Fund |
in Restricted | Funds 1,937 1,580 |
1,937 1,580 |
|||||
| Total Restricted Funds | 3,517 | 3,517 | ||||||
| Total Funds | f683,306 | f188,687 | f.167,644 | f66,250 | f770,599 |
| 2023 | 2022 | |
|---|---|---|
| g | f. | |
| INCOME | ||
| Voluntary Income |
||
| Donations: General |
96,105 | 89,100 |
| Gift Aid | 1,442 | |
| Investment Income |
||
| Bank interest | 553 | 36 |
| Charitable Activities |
||
| Festival events and other activities | 43,038 | 19,653 |
| Subscriptions | 244 | 150 |
| Car parking | 41,877 | 8,540 |
| Service Occupancy | 5,100 | 5,100 |
| Music lessons | 328 | 770 |
| TOTAL INCOME | f188,687 | 6123,349 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| f. | |||||||
| EXPENDITURE | |||||||
| Charitable Activities |
|||||||
| Priest's salary | 22,702 | 20,802 | |||||
| Priest's pension | 400 | 354 | |||||
| Festival events and | other activities' | expenses | 33,717 | 25,609 | |||
| Light and heat | 23,789 | 18,602 | |||||
| Water rates | 3,707 | 392 | |||||
| Refuse collecbon | 2,584 | 1,940 | |||||
| Repairs and renewals | 53,962 | 21,819 | |||||
| Insurance | 2,761 | 2,614 | |||||
| Cleaning expenses | 5,492 | 4,739 | |||||
| 149,114 | 96,871 | ||||||
| Support and Governance | Costs - | Charitable | Activities | ||||
| Telephone | 547 | 1,002 | |||||
| Independent Examiner's |
fees | 828 | 800 | ||||
| Legal, professional | and licence fees | 1,531 | 1,407 | ||||
| Printing and stationery |
985 | 1,486 | |||||
| Depreciation | 14,450 | ||||||
| Sundry expenses | 189 | 190 | |||||
| 18,530 | 4,885 | ||||||
| TOTAL EXPENDITURE | f,167,644 | f101,756 |
| RESTRICTED FUNDS | RESTRICTED FUNDS | ||
|---|---|---|---|
| FORTHE YEARENDED | |||
| 31OCTOBER 2023 | |||
| 2023 | 2022 | ||
| f. | |||
| GARDEN PROJECT | |||
| Donations received b/f | 1,937 | 1,937 | |
| BALANCE AVAILABLE FOR THE PROJECT | 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 |