| BRITTANIA HINDU | SHIVA TEMPLE TRUST | SHIVA TEMPLE TRUST | |
|---|---|---|---|
| TRUSTEES' REPORT AND FINANCIAL STATEMENTS | |||
| FOR THE YEAR ENDED 31 MARCH 2022 | |||
| CONTENTS | |||
| PAGE | |||
| LEGAL AND ADMINISTRATIVE | INFORMATION | ||
| 4-6 | REPORT OFTHE | TRUSTEES | |
| 7-9 | INDEPENDENT AUDITOR'S REPORT | ||
| 10 | STATEMENT OF FINANCIAL ACTIVITIES | ||
| BALANCE SHEET | |||
| 12 | STATEMENT OF CASH FLOWS | ||
| 13-21 | NOTES FORMING | PART OFTHE FINANCIAL STATEMENTS |
| YEAR ENDED 31 MARCH 2022 | YEAR ENDED 31 MARCH 2022 | YEAR ENDED 31 MARCH 2022 | YEAR ENDED 31 MARCH 2022 | YEAR ENDED 31 MARCH 2022 | |||||
|---|---|---|---|---|---|---|---|---|---|
| The Brittania Hindu (Shiva) Temple Trust, registered as a charity on, 7Aprg 1975Charity number 269067.The Trust is registered as |
Places ofWorship | ||||||||
| on 19August 2020. | |||||||||
| The governing document is the trust deeds (constitution) deposited with the Charity Commission |
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| Some documents the Trust name is referred as Britannia in place ofBRITTANIA. |
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| History | |||||||||
| The Brittania Hindu (Shiva) Temple Trust was created by the Hindu Association ofGreat Britain on 17August 1974with a |
governing | document | |||||||
| approved on the same day. |
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| The constitution was amended on 4 October 1975,26 July 1976,18August 1996,and 26 February 2016 |
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| Objectives | |||||||||
| Establishment ofa Hindu (Salva) temple or temples where the rituals are tradifion in Tamil ¹du,India and Ceylon (Sri Lanka). |
to be conducted with special emphasis on Saivaism according |
to the | |||||||
| Propagation of Hindu religion |
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| Establishing and running ofschools conducting religious classes and religious music and |
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| Other purposes conducive to the advancement ofHindu religion in general. |
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| ActiviTies towards objectives are carried out through the temple complex |
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| The Britannia Hindu Temple Trust objective is to give the Saivites in UK immigrated from sll over the world especially from |
Sri Lanka, | Fiji, Mauritius, | |||||||
| South Africa, India, and Malaysia the appropriiate environment, facilities, and opportunities to continue their faith and beliefs. |
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| Toachieve this objective the Trust established a Murugan Temple at Highgate, |
200A Archway Road, close to the city ofLondon, centrally |
located in | |||||||
| Greater London. | |||||||||
| The front entrance ofthe Temple complex has a porch with ornamental temple |
architecture (Gopuram), which isa landmark |
giving the | Temple | identity. | |||||
| The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benegt when |
reviewing | the | aims and | ||||||
| objectives, and in planning future activities. Ths main activities and the people |
who the charity aims to help are undertaken | to further | its charitable | ||||||
| purposes for public benefit. |
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| Facilities | |||||||||
| Wheelchair users have step free access from Wembury Road, through a wide |
side door, to the basement function hall, the |
library, and | the | disabled | |||||
| toilet facilitiss. | |||||||||
| A IIRfitting 13passengers with a step free access from Archway Road through |
a sgdlng door, operated by a push button assists the disabled, |
mothers | |||||||
| with young children, and elderly devotees and facilitates step free access to all the facilities in the temple complex. |
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| Religious Services | |||||||||
| Temple conducts prayers and poojas in the same way as conducted in Temples in Sri Lanka, and Tamil Nadu in India. Prayers and poojas |
are | ||||||||
| conducted 7days a week,4times a day, Morning at8.00and 11.30AM, Evening at 5.00and 8.00 PM, residents priests performing ths |
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| rituals and blessings. | |||||||||
| During pre-pandemic days Pirasatham (strictly vegetarian) food, cooked in the |
Temple kitchen was served to the devotees, | after the 11.30Pooja and | |||||||
| 8.00 PM pooja. This activity is stopped and totally withdrawn to stop the Covid-1 9virus spreading since itwas announced. |
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| During pre-pandemic days the temple was open from 8.00AM to9.30 PM with |
a break between 2.00 PM and 5.00 PM. | ||||||||
| During the pandemic lock down temple was not open to the public and the rituals were carried out by the resident priests. |
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| Following the Government Guidelines after lock-down been IIRed the opening |
hours were limited to9.30AM to 11.30AM with | a controlled | number of | ||||||
| devotees at the Temple floor. | |||||||||
| Pre-pandemic days Deities were taken in procession around inside the Temple |
on specified significant days also stopped | during ths | pandemic | times. | |||||
| Religious Cultural Activities |
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| The music ofNadhaswaram accompanied by Melam is a religious and cultural |
music played in almost all the Temple festivals |
in South | India, and in | ||||||
| Tamil speaking Northern, Eastern and Upcountry areas ofSrl Lanka, Mauritius, |
Malaysia, and Singapore. |
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| The Temple provides similar facilities In a small way during the 17-day annual |
festival and during some special events with | restrictions | considering | the | |||||
| neighbours around the temple. |
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| Othuvars trained in singing devotional songs participate on festival days. |
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| Kavadi (asemi-circular decorated artistic wooden structure is placed on ths shoulder ofthe devotees) Milk pots carrying in |
front ofthe | Deities | in | ||||||
| January Thai Poosam. | |||||||||
| Kantha Puranam recital vriith the guidance ofMrS.Mahesan former Chairman |
ofthe Religious education committee takes |
place for 14 | days before | ||||||
| Sooran Por, with the active participation ofthe devotees. |
| REPORT OF THE TRUSTEES | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YEAR ENDED 31 MARCH 2022 | ||||||||||||||||||
| Staff | ||||||||||||||||||
| Priests - The objective is to deliver good service with a control on base load | expenditure 2 full time residential |
Priests and | 1 part time priest are | |||||||||||||||
| employed. | ||||||||||||||||||
| Admin - Volunteers manned the basic admin duties. A qualified Accountant |
look affer the accounts. | |||||||||||||||||
| The Home offic licence was reinstated in February 2020.as before with A grade. Following the Home office |
regulations, | the Resident Market | Labour | |||||||||||||||
| Test (RMLT) was carried out to prove that there are no suitable local applicants, and |
2 new priests | were | selected | from | India and are now | employed. | ||||||||||||
| Security | ||||||||||||||||||
| The temple complex is monitored by CCTV. The resident trustee and other |
employees | ofthe Temple are also | responsible | for the security. | ||||||||||||||
| Safeguarding Poffcy |
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| The Trust undertakes to exercise proper care in the selection, appoinlmsnt, |
and training ofthose working | in | boih | paid | and voluntary | positions | with | |||||||||||
| children or vulnerable adults. |
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| The Trust will challenge any abuse ofpower by anyone in a position oftrust. |
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| The Trust acknowledges from the inception the need to provide a safe and |
caring environment for |
afi, with | the | full | acknowledgement | that | any | person can | ||||||||||
| be a victim ofabuse and the Temple should be a place where afi people feel | welcomed, respected, |
and | safe | from | any | abuse. | ||||||||||||
| The Trust accepts the UN Universal Dedaration of Human Rights and the International |
Covenant | of Human | Rights, proclaiming | that everyone | is entitled | |||||||||||||
| to afi the rights and freedom set forth therein, without distinction ofany kind |
such as race, colour, sex, language, | religion, | political or other | opinion, | ||||||||||||||
| national orsocial origin, property, birth, or other status. |
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| The Trust also advise the congregation, priests, all staff, and afi committee |
members | that everyone | has | a | responsibility | for the safety, well -being and | ||||||||||||
| protection ofaff the devotees and to inform ths admin ofany unaccompanied | minors or vulnerable | adults | in the | Temple complex | for taking | appropriate | ||||||||||||
| proactive action. | ||||||||||||||||||
| The Trust advise everyone in the Temple to recognise that vulnerable adults |
have the riights to choose how they live and | should | be | treated with respect |
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| and dignity, regardless oftheir ethnic, gender, sexuality, disability, age, religious or cultural background. |
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| This policy and procedure will be updated regularly based on feed backs and will be treated as a living document. |
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| Promotion of Cultural Activities | ||||||||||||||||||
| Pre pandemic the Temple halls were used for social functions, cultural activities, wedding celebrations, remembrance |
ceremonies, | meetings, | and | |||||||||||||||
| religious discourse. | ||||||||||||||||||
| The Trust organises annual seminars where religious topics are discussed |
in depth. | |||||||||||||||||
| Founder's Day is a temple-organized event creating opportunities for young |
Hindus to participate | in Music and | Elocution | contests. | ||||||||||||||
| During the pandemic afi functions are put on halt. |
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| The Trust is an active member ofthe Hindu Council of United Kingdom, Interfaith groups, and the |
Federation | ofSalva | Temples | in United | Kingdom. | |||||||||||||
| This federation publishes an annual calendar giving sff auspicious times and |
a listing | of aff Hindu | events. | The | Federation | organises | a two-day | annual | ||||||||||
| conference inviting eminent Hindu scholars (Salva) and saints from many countries. This was the |
practice | during | pre-pandemic | but | during | Pandemic | ||||||||||||
| situation no such activity took place. |
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| Maintenance, Renovations Test Certificates |
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| The (Chariot) maintenance, gas pipe works boiler servicing and replacement, |
drainage repairs, pest control were |
carried | out on | a limited | scale. | |||||||||||||
| Contract works on refuse disposal was suspended and rubbish was disposed |
using ths council system without | any expenditure. | ||||||||||||||||
| Annual Testing ofelectriical appliances, Fire alarms, Firefighting systems were canied out. |
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| Funding Sources | ||||||||||||||||||
| Member's regular donation by standing order 0Membership Payments. |
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| Donation towards specific projects | ||||||||||||||||||
| General donations | ||||||||||||||||||
| Payments by devotees for special services provided in the Temple |
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| Payments by devotees for the priest service provided outside the Temple |
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| Payments for using the function hall. |
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| Rents received from investment properties ofthe Trust |
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| Giff Aid | ||||||||||||||||||
| Financial Review and Summary |
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| Please refer to Audited report. | ||||||||||||||||||
| The bank loan on 181Archway Road and on 1 Wembury Road ground flat |
is reduced | considerably | as it is a | repayment | loan. | |||||||||||||
| The Temple voluntary income isjust sufficien to meet ths current running cost ofths |
Temple | |||||||||||||||||
| The rental income is used to meet the major construction projects. |
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| Flexi bank loan was cleared, but the facility is operational. Funds are available to carry out the planned |
roof | project. Hence the financial | position ofthe | |||||||||||||||
| Trust is quits healthy. |
| REPORT OF THE TRUSTEES | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YEAR ENDED 31 MARCH 2022 | ||||||||||||||
| At the end ofthe year total reserves stood atf7,211,713,ofwhich 87,164,928 | related | to unrestricted | funds. The purpose for holding | funds | is explained | |||||||||
| in Note 14. | ||||||||||||||
| Investment Policy |
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| The Trust has 7 investment properties and one adjoining piece ofempty land, ofwhich 3are adjoining the Temple and |
4are opposite | the Temple. | ||||||||||||
| Rental income is used to service the Bank loans on the properties, renovations, |
maintenance, | legal | obligations letting |
agent's management | charges and, | |||||||||
| for meeting part ofthe Temple running cost and on projects costs for improving |
the facilities in | the | Temple complex. | Most ofthe tenants | are working | |||||||||
| and air circulation in the tlat during daytime is not ideal to prevent condensation |
causing dampness | and maintenance | problems. | |||||||||||
| Hence flats have to redecorated on an average every hvo years. |
||||||||||||||
| Funds Reserve Policy | ||||||||||||||
| The Trust do not want to use the surplus cash to pay off part ofthe Bank Loan. | ||||||||||||||
| Arranging a bank loan to carry out any project or purchase any additional investment |
property | is expensive and not guaranteed. |
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| Financial Risk | ||||||||||||||
| Increase in the Interest rate will have some adverse effect. Coming out ofthe European Union |
may | have an impact on | renting out the | properties. | ||||||||||
| Increase In the minimum wages, increase in the hourly rats ofthe skilled tradesman, |
Increase | in the costofbuilding | materials, | increase | in | airfreight are | ||||||||
| the items ihe Trust have keep a watch and make appropriate adjustment. |
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| The disposable income ofthe devotees is not healthy, making the charitable income |
unstable. | However, the investment |
income is there to | meet | any | |||||||||
| unforeseen problems. |
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| Recruitment And Appointment of New Trustees |
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| Trustees are appointed in accordance with the chariity's constitution. Afi Trustees act |
in a voluntary | capaciiy and comply with the code | for the Voluntary | |||||||||||
| and Community Sector. Relevant induction and training is provided for trustees |
as appropriate | to their individual role. |
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| Statement ofTrustees Responsibilities | ||||||||||||||
| The trustees are responsible for preparing the Report ofthe Trustees and the Financial Statements |
in accordance with |
applicable law and |
United | |||||||||||
| Kingdom Accounting Standards (UK GAAP) and SORP (FRS102). |
||||||||||||||
| The law applicable to charities in England and Wales, the Charities Act 2011 Charily |
||||||||||||||
| (Accounts 8 Reports) Regulations 2008 and the provisions ofthe trust deed requires |
the | |||||||||||||
| Trustees are responsible for preparing financial statements for each financial year, which give |
true | and fair view affairs | ofthe state ofthe charity | and of | ||||||||||
| incoming resources and application ofResources induding the income and expenditure ofthe |
charity for that period. | |||||||||||||
| In preparing those financial statements, the trustees are required to; |
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| Select suitable accounting policies and then apply them consistently |
||||||||||||||
| Observe ths methods and principles in the charity SORP(FRS102) |
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| Make judgements and estimates that are reasonable and prudent |
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| Prepare ths financial statements on the going concern basis unless it is |
inappropriate to presume that the charity |
wlfi continue | in business. | |||||||||||
| The trustees are responsible for keeping proper accounting records which disclose with reasonable |
accuracy at any | time the financial | position ofthe | |||||||||||
| charity and to enable them to ensure that the financial statements comply with |
the Charities Act 2011,the Charity Regulations | 2008, | and the provisions | |||||||||||
| ofthe trust deed. They are also responsible for safeguarding the assets ofthe |
charity | and hence for taking reasonable | steps for the prevention | and | ||||||||||
| detection offraud and other Irregularities. In this connection the Board ofTrustees have assigned |
the responsibilities | to aqualifie Accountant on a part |
||||||||||||
| time basis forguidance and in the preparation ofthe accounts before submitting |
to the external | auditor. | ||||||||||||
| Approval | ||||||||||||||
| The Report Is approved by Board ofTrustees. |
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| j5jQ„5j~g | ||||||||||||||
| g | MrS.M. Srikantha Chairman ofthe Trust Date |
| FOR THE YEAR ENDED 31 MARCH 2022 | FOR THE YEAR ENDED 31 MARCH 2022 | FOR THE YEAR ENDED 31 MARCH 2022 | |||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Total | Totai | ||||
| Notes | Funds | Funds 6 |
Funds 6 |
Fundsf | |||
| TOTAL INCOME | |||||||
| Donations and Legacies | 154,229 | 154,229 | 111,695 | ||||
| Other Trading Acitivities | 265,323 | 265,323 | 272,499 | ||||
| Income From Investments | 239 | 239 | 362 | ||||
| TOTAL INCOME | 419,791 | 419,791 | 384,556 | ||||
| TOTAL EXPENDITURE | |||||||
| Expenditure on Raising Funds |
181,957 | 181,957 | 143,076 | ||||
| Expenditure on Charitable |
activities | 95,538 | 95,538 | 116,480 | |||
| TOTAL EXPENDITURE | 277,495 | 277,495 | 259,556 | ||||
| NET INCOME | 142,296 | 142,296 | 125,000 | ||||
| RECONCILIATION OF FUNDS |
|||||||
| Total Funds Brought Forward | 7,022,632 | 46,784 | 7,069,417 | 6,944,416 | |||
| TOTAL FUNDS CARRIED FORWARD | 7164929 | 46784 | 7211713 | 7069416 | |||
| Continued Operations |
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| All amounts relate to continuing |
aciivities and all recognised | gains and losses are induded | in the | ||||
| statement offinancial activities. |
| BRITTANIA HINDU | SHIVA TEMPLE TRUST | ||||
|---|---|---|---|---|---|
| BALANCE SHEET | |||||
| AS AT 31STMARCH 2022 | |||||
| Notes | 2022 | 2021 | |||
| 6 | 6 | ||||
| FIXEDASSETS | |||||
| Tangible Assets | 2,614,824 | 2,630.820 | |||
| Investment Property |
4,390,000 | 4,390,000 | |||
| 7,004,824 | 7,020,820 | ||||
| CURRENT ASSETS | |||||
| Debtors | 33,681 | 35,493 | |||
| Cash At Bank And | In Hand | 574360 | 465,147 | ||
| 600,050 | 500,640 | ||||
| CREDITORS | |||||
| Amounts Falling Due Within One Year |
12 | (52,599) | (61,023) | ||
| NET CURRENT ASSETS | 555,452 | 439,617 | |||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 7 560.276 | 7460 437 | |||
| CREDITORS | |||||
| Amounts Falling Due After More Than One Year |
13 | (348,563) | (391,021) | ||
| NET ASSETS | 7,211713 | 7,069,416 | |||
| FUNDS | |||||
| Unrestricted Funds |
14 | 7,164,928 | 7,022,632 | ||
| Restricted Funds |
14 | 46,784 | 46,784 | ||
| 7,211,713 | 7,069,416 |
| Notes | Notes | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|
| 6 | 6 | |||||||
| Cash Flows From Operating | Activities: | |||||||
| Cash generated from |
operaUons | 16 | 109,715 | 94,398 | ||||
| Net cash provided by |
(used In) operating | activities | 499,949 | 94999 | ||||
| Cash Flows From Investing | Activites: | |||||||
| Purchase oftangible | fixed assets | (730) | (25,210) | |||||
| Interest received | 239 | 362 | ||||||
| Net cash provided by |
(used in) investing | activities | 491 | 24,848 | ||||
| Change In Cash And |
Cash | Equivalents | In The Reporting | Period | 109,224 | 69,550 | ||
| Cash And Cash Equivalents | At The Beginning | OfThe Reporting | Period | 465,145 | 395,595 | |||
| Cash And Cash Equivalents | At The End OfThe | Reporting | Period | 574,369 | 465,145 |
| Expenditure is accounted for on an accrual basis and |
been classified | under headings | under headings | that aggregates | that aggregates | that aggregates | that aggregates | all | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| cost related to the category. Where costs cannot be directly attributed | to particular | headings | they | ||||||||
| have been allocated to activities on a basis consistent | with ihe use ofresources. | ||||||||||
| Fundraising Costs |
|||||||||||
| Unrestricted funds can bs used in accordance viith the charitable objectives at the |
discretion | of | the Trustees. | ||||||||
| Voluntary Work |
|||||||||||
| Voluntary work is not included within these financial statements. |
|||||||||||
| Tangible Fixed Assets | |||||||||||
| Tangible Fixed Assets ars stated at historical cost less accumulated |
depreciation. | Depreciation | is provided at | rates | |||||||
| calculated to write offthe cost less estimated residual |
value ofeach asset over its | expected | useful life |
as follows. | |||||||
| Freehold Land &Building |
Not | depreciated | |||||||||
| Statues, Fixtures &Fittings cost | 1/3 | Reducing | Balance | ||||||||
| Furniture &Office Equipment cost |
1/3 | Reducing | Balance | ||||||||
| No depredation is provided on the Freehold Land and Buildings since the Trustees |
believe | that | |||||||||
| the expected life and residual value ofthe Buildings are such that the depreciation |
is | considered | |||||||||
| not material. | |||||||||||
| Taxation | |||||||||||
| The charity is a registered charity and is for taxation purposes entitled to exemption |
from United | Kingdom taxation | |||||||||
| on its charitable activities. |
|||||||||||
| Investment Property |
|||||||||||
| Investment property is shown at most recent valuation. Any aggregate |
surplus or deficit arising from changes | in | |||||||||
| fair value is recognised on the statements offinancial |
activity. | ||||||||||
| Cash and Cash Equivalents | |||||||||||
| Cash and cash equivalents include cash in hand and |
deposits held at call with banks. |
||||||||||
| Financial Instruments | |||||||||||
| The Charity has elected to apply the provisions ofSection 11"Basic |
Financial Instruments" |
ofFRS102to ag | |||||||||
| ofits financial instruments. |
|||||||||||
| Financial instruments are recognised in the Charity's |
balance sheet when the Chariity | becomes party | to the | ||||||||
| contractual provisions ofthe instrument. |
|||||||||||
| Financial assets and liabilities are offset, with the net | amounts presented in the financial statements, |
when | |||||||||
| there is a legally enforceable right toset offthe recognised amounts |
and there is an | intention | to | settle on a | |||||||
| net basis or to realise ths asset and settle the liability | simultaneously. |
| BRITTANIA HINDU | 8 | IVA TEMPLE TRUST | |||||
|---|---|---|---|---|---|---|---|
| NOTES TO THE FINANCIAL | STATEMENTS | —Continued | |||||
| FOR THE YEAR ENDED 31 | MARCH 2022 | ||||||
| NOTE: 2 DONATIONS AND |
LEGACIES | 2022f | 2021f | ||||
| Donations - Unrestricted | |||||||
| General charitable | income | 105,020 | 65,995 | ||||
| Covenanted income |
5,414 | 5,960 | |||||
| Undiyal | 31,450 | 20,099 | |||||
| GIR aid | 6,525 | 6,960 | |||||
| Furlough Grant |
1,620 | 12,363 | |||||
| Miscellenious Income( Bill Board rent 6yrs) |
4,200 | ||||||
| 154,229 | 111,377 | ||||||
| Donations - Restricted | |||||||
| Saiva Charity | 318 | ||||||
| 154,229 | 111,695 | ||||||
| Note 2.1 General charitable | Income | 2022f | 2021f | ||||
| Archanas | 1,924 | 11,357 | |||||
| Upyams &Festivals |
101,531 | 19,905 | |||||
| General Donations | 1,566 | 22,840 | |||||
| Special Evenis Upayam (Pothu) | 780 | ||||||
| Thedchanai | 776 | ||||||
| Priest Services | 480 | ||||||
| Items Abiseka &Homam | 295 | ||||||
| Flowers & Garland | 5,478 | ||||||
| Prasaadam 8 Annadhanam |
1,388 | ||||||
| Vastrams &Calendar Etc |
2,696 | ||||||
| 105,020 | 65,995 | ||||||
| NOTE: 3 OTHER TRADING |
ACTIVITIES | 2022f | 2021f | ||||
| Hall hire | 4,926 | 4,000 | |||||
| Rental income | 3.1 | 260,397 | 268,499 | ||||
| 255323 | 222 499 | ||||||
| Rental Income -3.1 | |||||||
| 2022 | 2021 | ||||||
| Shops | 85,620 | 91,482 | |||||
| Flats | 174,777 | 177,017 | |||||
| 280,397 | 268,499 |
| NOTE: 13 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| AMOUNTS FALLING DUE AFTER ONE YEAR LOANS |
2022f | 2021 | ||||||||
| Loan 1 | 181Archway | Road investment | 217,868 | 246,917 | ||||||
| Loan 2 | 1AWembury | Road investment | 130,695 | 144,104 | ||||||
| 343 563 | 351 331 | |||||||||
| The amount | owed to the bank isf381,792is secured | by a debunture | over | the Charity's | properties | and fixed | ||||
| and floating | charges over | the Charity's assets. | ||||||||
| NOTE: 14 | ||||||||||
| MOVEMENTS IN FUNDS |
||||||||||
| At 1 April | Incoming | Resources | Gains & | At 31 March | ||||||
| 2021 f |
Resources f |
Expended f |
Losses f |
2022 | ||||||
| Unrestricted | funds | |||||||||
| General fund |
4,821,740 | 419,791 | 277,494 | 4,964,037 | ||||||
| Revaluation | Fund | 2,200,892 | 2,200,892 | |||||||
| 7,022,632 | 419,791 | 277,494 | 7164929 | |||||||
| Restricted funds | ||||||||||
| ~hi hh |
46,784 | 46,784 | ||||||||
| TOTAL FUNDS | 7069416 | 419791 | 277494 | 7211713 | ||||||
| Purpose of | Unrestricted | Funds |
| NOTE: 15 ANALYSISOFNETASSETSBETWEENFUNDS |
||||
|---|---|---|---|---|
| f | ||||
| Unrestricted | Restricted | 2022 | 2021 | |
| Fundsf | Fundsf | Totalf | Totalf | |
| Tangible Assets | 2,614,824 | 2,614,824 | 2,630,820 | |
| Investments | 4,390,000 | 4,390,000 | 4,390,000 | |
| Current Assets | 608,050 | 608,050 | 500,640 | |
| LiabiliTies | (401,162) | (401,162) | (452,044) | |
| 7,211,713 | 7,211.713 | 7,069,416 |