||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|||||||||| |Some documents
the Trust name is referred as Britannia
in place ofBRITTANIA.|||||||||| |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.|||||||||| |The constitution
was amended
on 4 October 1975,26 July 1976,18August 1996,and 26 February 2016|||||||||| |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|||||||||| |Establishing
and running
ofschools conducting
religious classes and religious
music and|||||||||| |Other purposes
conducive
to the advancement
ofHindu
religion
in general.|||||||||| |ActiviTies towards objectives are carried out through
the temple complex|||||||||| |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.|||||||||| |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.|||||||||| |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.|||||||||| |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|||||||||| |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.|||||||||| |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.|||||||||| |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|||||||||| |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.||||||||| |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.|||||||||| |Othuvars
trained
in singing devotional
songs participate
on festival days.|||||||||| |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||||||||||||||||||| |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.||||||||||||||||||| |The Trust will challenge
any abuse ofpower by anyone
in a position oftrust.||||||||||||||||||| |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.||||||||||||||||||| |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|||| |and dignity, regardless
oftheir ethnic, gender, sexuality,
disability,
age, religious or cultural
background.||||||||||||||||||| |This policy and procedure
will be updated
regularly
based on feed backs and will be treated as a living document.||||||||||||||||||| |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.||||||||||||||||||| |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.||||||||||||||||||| |Maintenance,
Renovations
Test Certificates||||||||||||||||||| |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.||||||||||||||||||| |Funding Sources||||||||||||||||||| |Member's
regular donation
by standing
order 0Membership
Payments.||||||||||||||||||| |Donation towards specific projects||||||||||||||||||| |General donations||||||||||||||||||| |Payments
by devotees for special services provided
in the Temple||||||||||||||||||| |Payments
by devotees for the priest service provided
outside the Temple||||||||||||||||||| |Payments
for using the function
hall.||||||||||||||||||| |Rents received from investment
properties ofthe Trust||||||||||||||||||| |Giff Aid||||||||||||||||||| |Financial
Review and Summary||||||||||||||||||| |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.||||||||||||||||||| |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|||||||||||||| ||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.||||||||||| ||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.|||||||||||||| ||The disposable
income ofthe devotees is not healthy,
making the charitable
income||unstable.|However,
the investment|||||income is there to||||meet|any| ||unforeseen
problems.|||||||||||||| ||Recruitment
And Appointment
of New Trustees|||||||||||||| ||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.||||||||||| ||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;|||||||||||||| ||Select suitable accounting
policies and then apply them consistently|||||||||||||| ||Observe ths methods
and principles
in the charity SORP(FRS102)|||||||||||||| ||Make judgements
and estimates
that are reasonable
and prudent|||||||||||||| ||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.|||||||||||||| ||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|||||||| |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|