OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Charit Number: 274942
Com an Number: 01340080 (England and Wales)
Re istered Office: Brahma jyoti
The Lea on Western Avenue
Denham
Buckinghamshire
UB9 4NA
Trustees: Trustees,
who are		 also directors under company
law, who served during the year and up to the
date of this report were as follows:
V D Nakarja
A Popat
K Nakarja
J Sakaria
S J Chatwani
H V Sakaria
Auditors: CapShire
Audit
Ltd
Chartered
Accountants		 and Statutory Auditors
86-90 Paul street
London
EC2 A 4NE
Bankers: Barclays Bank UK pic
Building 315,Heathrow Airport
Hounslow,
Middlesex
TW6 2JJ

PAGE
Trustees'
Annual
Report		 1-6
Independent Auditor's Report 7-9
Consolidated Statement of Financial activities
(Includes
an		 income and expenditure account) 10
Consolidated statement of financial position
Company
statement
of		 financial position 12
Consolidated Cashf low Statement 13
Notes to the Financial Statements 14-21

ancial
and		 other performance
indicators
duri		 ng
the year for the group were		 as follo ws:
Garou
2022		 ~Gro 2021
Total Income 2,822,709 852,266
Net income over expenditures 2,159,095 539,939
Unrestricted fund 2,944,702 2,762,707
Restricted fund 1,977,100 Nil

2022 2021
Notes Unrestricted Restricted Total Total
funds funds funds funds
F. E E
INCOME FROM:
Donations
and legacies		 848,182 1,974,204 2,822,386 851,498
Investment
income		 323 323 768
Total income 848 505 1 974 204 2 822 709 852 266
EXPENDITURE ON:
Charitable
activities:
Congregational
activities		 ~620 417 ~43 197 ~663 614 312 327
Total Expenditure ~620 417 ~43 197 663 614 312 327
NET INCOME 228,088 1,931,007 2,159,095 539,939
Transfers
between		 funds ~46 093 46 093
181,995 1,977,100 2,159,095 539,939
RECONCILIATION OF FUNDS:
Total funds brought forward 2 762 707 2 762 707 2 222 768
Total funds carried forward 15 E2 %44~72 F-~77~M F49~~2. &~62.~7

2022 2021
NOTE Unrestricted Restricted Total Total
funds funds funds funds
FIXEDASSETS
Tangible
assets		 7 242 202 7 242 202 7 236 178
7,242,202 7,242,202 7,236,178
CURRENT ASSETS
Work in progress 10 149,215 149,215
Debtors 11 21,376 21,376 46,899
Cash at bank and in hand 649 474 1 827 885 2 477 359 965 288
670,850 1,977,100 2,647,950 1,012,187
CREDITORS: Amounts falling
due within
one year		 12 723 592 ~723 592 727 017
NET CURRENT
ASSETS/(LIABILITIES)		 ~52 742 1 977 100 1 924 358 285 170
TOTAL ASSETSLESSCURRENT
LIABILITIES 7,189,460 1,977,100 9,166,560 7,521,348
CREDITORS: Amounts falling
due after more than one year 13 ~4244 758 ~4244 758 ~4758 641
NET ASSETS
REPRESENTED BY
Unrestricted
funds		 15 2,944,702 2,944,702 2,762,707
Restricted
funds		 15 1 977 100 1 977 100
TOTAL FUNDS E2~4MfL2 E1.32~799 64.~~Q2.

2022 2021
NOTE Unrestricted Restricted Total Total
funds funds funds funds
FIXEDASSETS
Tangible
assets		 7,242, 202 7,242, 202 7,236,178
Investments 100 100 100
7,242, 302 7,242, 302 7,236,278
CURRENT ASSETS
Debtors 39,834 149,215 189,049 35,866
Cash at bank and in hand 616 296 1 827 885 2 444 181 899 435
656,130 1,977,100 2,633,230 935,301
CREDITORS: Amounts
due within
one year		 falling 12 ~708 972 ~708 972 ~650 231
NET CURRENT
ASSETS/(LIABILITIES) ~52 842 1 977 100 1 924 258 285 070
TOTAL ASSETSLESSCURRENT
LIABILITIES 7,189,460 1,977,100 9,166,560 7,521,348
CREDITORS: Amounts falling
due after more than one year ~4244 758 ~4244 758 ~4758 641
NET ASSETS E2~~~ EL9.ZZ~9 E~5QZ EZ~~QZ
REPRESENTED BY
Unrestricted
funds		 15 2,944, 702 2,944, 702 2,762,707
Restricted
funds		 15 1 977 100 1 977 100
TOTAL FUNDS 82 94~422 52 977 1JI42 6L92~M2. 8~72 707

A COMPANY L A COMPANY L IMITED BYGUARANTEE IMITED BYGUARANTEE IMITED BYGUARANTEE
CONSOLIDATED CASHFLOW STATEMENT
FOR THE YEAR ENDED 31DECEMBER 2022
2022 2021
Net movements
in funds		 2,159,095 539,939
Depreciation 6,501 5,438
Movement
in work in progress		 (149,215)
Movements
in Debtors		 25,523 46,713
Movements
in Creditors		 ~121 564 ~239 134
Cash from operating
activities		 1,920,340 352,956
Cash flow from investment activities
Purchase
of tangible
fixed		 assets 12 525 ~809 962
Cash used in investment activities 12 525 ~809 962
Cash flow from financial activities
Additional
loans		 16,500 507,188
Capital repaid
on loans		 412 244 ~560 952
Cash from financial
activities		 395 744 53 764
Increase/(Decrease)
in cash		 and cash equivalent 1,512,071 (510,770)
Cash equivalent
at the start		 of the year 965 288 1 476 058
Cash and cash equivalent at the end of the year 6~~7~9
Anal
sis of movement
in		 net debt
At 01.01.2022 Cash flow Other non- At 31.12.2022
~cash
h
n es
f:
Cash
tch cash equivalents
Cash in hand
at bank		 965 288
6~i~L8		 1 512 071
5~~21		 2 477 359
Borrowings
Debt due within
one year
Debt due after one year		 (182,361)
~4758 641		 (118,139)
513 883		 (300,500)
~4244 758
6~4941 0 : 6u~72
Total

Unrestricted Unrestricted Restricted 2021 2021
funds funds Total
INCOME FROM:
Donations
and legacies		 851,498 851,498
Investments 768 768
Total income 852 266 852 266
EXPENDITURE ON:
Charitable
activities:
Congregational
activities		 ~312 327 ~312 327
Total Expenditure ~312 327 ~312 327
NET INCOME 539,939 539,939
Transfers
between		 funds
Net movement
in funds		 539,939 539,939
RECONCILIATION OF FUNDS:
Total funds
brought		 forward 2 222 768 2 222 768
Total funds carried forward
16

FOR TH E Y EAR ENDED 31DE
(Continued)		 CEMBER 2022
3. Donations
and legacies
Unrestricted Restricted 2022 2021
Funds Funds Total Total
E E
General
donations
Donations 689,210 1,974,204 2,663,414 762,142
Gift aid received 158 972 158 972 89 356
68424M82
4. Investment
Income
Unrestricted Restricted 2022 2021
Funds Funds Total Total
E
Interest
on deposits		 323 323 768
EZ65
5. Expenditure
on congregational		 activities
Unrestricted Restricted 2022 2021
Funds Funds Total Total
Analysis
of total expenditure
Charitable
activities;
Premises
cost
General
administrative
Repairs
& maintenance		 cost
contracts		 124,536
11,154
53,381		 124,536
11,154
53,381		 89,311
4,182
25,537
Governance
cost
Sermon and day to day
Donations
Interest
on bank loan
Bank & other charge		 costs 3,000
59,092
47,410
109,030
2,245		 3,000
59,092
47,410
109,030
2,245		 13,440
14,873
68,064
70,028
16,057
Depreciation
Functions
and religious
Exchange loss		 events 6,501
204,068		 43 197 6,501
204,068
43 197		 5,438
5,345
32
64.L19.2
64.L19 .2
Support Costs
The
costs
above
include
following:		 all support costs
of the		 charity. Support
cost		 comprises
the
Unrestricted Restricted 2022 2021
Funds Funds Total Total
F. E
Premises
cost
Office & administrative
General
maintenance
Interest
on bank loan		 cost
contracts		 90,017
5,786
13,564
109,030		 90,017
5,786
13,564
109,030		 68,578
3,541
7,951
70,028
Governance
cost
Bank & other charge
Depreciation		 3,000
2,245
6 501
623.~5		 3,000
2,245
6 501
62M2-*43.		 2,000
16,057
5 438

This is stated after charging
2022 2021
Depreciation
Auditor's
remuneration
Foreign exchange
loss		 6,501
3,000
47,197		 5,438
2,000
32

Group
and Charity
Land and
~Bii din		 Furniture
fixtures
~&el
eet		 Total
At Cost or valuation
At 01.01.22
Additions
in the year
At 31.12.22		 7,205,362
EZ~2%352.		 137,598
12 525		 7,342,960
12 525
6~2
Depreciation
At 01.01.22
Charge for the year
At 31.12.22		 106,782
6 501
612BDiu		 106,782
6 551
1~2~
Net book value
At 31.12.22
At 31.12.21 EL')0'2~
Cost at 31 December
2022 is rep		 resente d
by:
Land and
Build
i
a		 Furniture
fixtures
~&e ui
e
t		 Total
Land & Buildings
at cost
Impairment
of fixed assets		 I 8,156,324
~950 962
67 2~~~2		 150,123
6~1
1~2		 E
8,306,447
~950 962
67~~~
2022 2021 2021
Construction contract in progress G~ou ~Cha it ~Go u ~Cha it
Debtors: Amounts falling due within one year
2022 2021
~Gou ~Cha it ~Gr o ~Cha it
Prep ayments
Other debtors
Amount
due		 from fellow 21,376 21,376 35,866
11,033		 35,866
subsidiary 167 675
61523?69

Creditors:
Amounts
fa		 lling due with in
o		 ne year
2022 2021
G~ro ~Charit G~ro ~Charit
E
Trade creditors
Accruals
& deferred
income
Bank loans
Other loans (note-13)
Amount
due to fellow		 8,400
414,692
135,500
165,000		 408,472
135,500
165,000		 140,381
404,275
82,360
100,001		 404,275
82,360
100,001
Subsidiary 5Z58~7& 57~77 63 595
5654hZ5Z
Creditors:
Amounts
falling		 due after more than one year
2022 2021
G~oo C~ha it G~oo C~hi t
Bank loans
- due within
Other loans -due within		 1-2
1-2		 years 135,500 135,500 247,080 247,080
years(note-13) 719,750 719,750 757,500 757,500
Bank loans
—due within
Other loans -due within		 2-5
2-5		 years 2,624,007 2,624,007 741,240 741,240
years (note-13) 765,501 765,501 1,138,251 1,138,251
Bank loans
- due more		 than 5 years 7 874 575 7 874 575
6&255~6 54,Z55~&

Other L oans:
Analysis of the maturity
of		 other loan 2022 2021
Amounts falling due within 1 year: E16XQQQ f1QQJ1Q1
Amounts falling between
1-2years:		 f~1~ 6~~7QQ
Amounts falling due between 2-5 years: fZ65%Q1 KL138.251

Restricted funds
Donations 1,974,204 (43,197) 46,093 1,977,100
Unrestricted funds
General
fund		 2 762 707
EZM62~7		 848 505
82 EE2 7&9		 ~620 417
52666~6E2		 E ~46 093
-		 181 995
52 1551425.

Analysis
of net assets betwe		 en
funds
(i)
Group		 Unrestricted Restricted 2022 2021
Funds Funds Total Total
Tangible
fixed assets		 7,242,202 7,242, 202 7,236, 178
Current
assets		 670,850 1,977,100 2,647, 950 1,012,187
Current
liabilities
Non-current
liabilities		 (723,592)
~4244 758		 (723,592)
~4244 758		 (727,
~4758		 017)
641
82 9944 7
2		 El 92~0II 6~4
21MQ2		 E2 2EL2 707
(ii)
Charity		 Unrestricted Restricted 2022 2021
Funds Funds Total Total
Tangible
fixed assets		 7,242,202 7,242, 202 7,236,178
Investments 100 100 100
Current
assets		 656,130 1,977,100 2,633,230 935,301
Current
liabilities		 (708,972) (708,972) (650,231)
Non-current
liabilities		 ~4244 758 ~4244 758 ~4758 641