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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 275804

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Hindu Temple - Bristol

Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

The Hindu Temple - Bristol

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11

The Hindu Temple - Bristol

Report of the Trustees for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

The main objective of the charity is to promote the culture and philosophy of the Hindu faith to its members, the Bristol Hindu community and the community at large.

The main activities are:

FINANCIAL REVIEW

Principal funding sources

The charity's principal source of funding is donations from its members. The majority of the expenditure goes towards the ongoing maintenance of the building plus the salaries of two part time priests. The reserves of the charity are retained to be used for the benefit of the charity as and when the Trustees see fit.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is governed by its constitution.

Trustees are appointed to the board via an election process and serve for 3 years. The outgoing Trustees are eligible for re-election. The board consists of 6 people, out of which at least three must be local residents of Bristol City.

The Trustees are highly respected and senior members of the community, bringing in their vast experience and knowledge to ensure the charity is running properly and according to its constitution.

The day to day running of the charity is carried out by the management committee, who are elected annually at the AGM.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

275804

Principal address

163b Church Road Redfield Bristol BS5 9LA

Trustees

Mr R Rajani Mr K Bajaj Mr B Pandya Dr P S Midha Ms B Kathrecha

Independent Examiner

Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

Page 1

The Hindu Temple - Bristol

Report of the Trustees for the Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Management Committee:-

Chairperson: Mrs Ila Shrimanker
Vice Chair: Mr Rasik Patel
Secretary Mr Nalinkumar Parekh
Treasurer: Mr Laxmicant Amratlal

Committee Members:-

Mr Kishore Shrimanker Mr Neelanjan Das Gupta Mr Preash Patel Mrs Ila Parekh Mr Pradhyuman Patel Mr Sanjay Sampat Mr Raghuveer Ramkumar Mr Piyush Patel Mr Ronak Patel

Volunteers provide valuable help and support to ensure all the activities and events are run efficiently and smoothly.

As in previous years we would like to thank our volunteers for their valued hard work and dedication during the year

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Mr R Rajani - Trustee

Page 2

Independent Examiner's Report to the Trustees of The Hindu Temple - Bristol

Independent examiner's report to the trustees of The Hindu Temple - Bristol

I report to the charity trustees on my examination of the accounts of The Hindu Temple - Bristol (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Dilip Patel

Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

Date: .............................................

Page 3

The Hindu Temple - Bristol

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
91,685
Investment income
2
15,010
Total
106,695
EXPENDITURE ON
Other
76,703
NET INCOME
29,992
RECONCILIATION OF FUNDS
Total funds brought forward
559,351
TOTAL FUNDS CARRIED FORWARD
589,343		 Restricted
fund
£
-
-
-
-
-
-
-		 2025
Total
funds
£
91,685
15,010
106,695
76,703
29,992
559,351
589,343		 2024
Total
funds
£
62,178
12,532
74,710
44,554
30,156
529,195
559,351

The notes form part of these financial statements

Page 4

The Hindu Temple - Bristol

Balance Sheet 31 March 2025

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
6
227,899
CURRENT ASSETS
Debtors
7
522
Cash at bank and in hand
365,900
366,422
CREDITORS
Amounts falling due within one year
8
(4,978)
NET CURRENT ASSETS
361,444
TOTAL ASSETS LESS CURRENT LIABILITIES
589,343
NET ASSETS
589,343
FUNDS
9
Unrestricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
-
-
-		 2025
Total
funds
£
227,899
522
365,900
366,422
(4,978)
361,444
589,343
589,343
589,343
589,343		 2024
Total
funds
£
209,591
814
350,936
351,750
(1,990)
349,760
559,351
559,351
559,351
559,351

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Trustee

............................................. Trustee

............................................. Trustee

The notes form part of these financial statements

Page 5

The Hindu Temple - Bristol

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate 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 the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 15% on reducing balance basis Fixtures and fittings - 5% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. INVESTMENT INCOME

INVESTMENT INCOME
2025 2024
£ £
Bank interest 15,010 12,532

3.

TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Page 6

continued...

The Hindu Temple - Bristol

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

4. STAFF COSTS

The average monthly number of employees during the year was as follows:

Priests
No employees received emoluments in excess of £60,000.
5.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
62,178
Investment income
12,532
Total
74,710
EXPENDITURE ON
Other
44,554
NET INCOME
30,156
RECONCILIATION OF FUNDS
Total funds brought forward
529,195
TOTAL FUNDS CARRIED FORWARD
559,351
6.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 April 2024
106,325
Additions
-
At 31 March 2025
106,325
DEPRECIATION
At 1 April 2024
-
Charge for year
-
At 31 March 2025
-
NET BOOK VALUE
At 31 March 2025
106,325
At 31 March 2024
106,325		 2025
1
Restricted
fund
£
-
-
-
-
-
-
-
Murtis
£
13,563
-
13,563
-
-
-
13,563
13,563		 2024
2
Total
funds
£
62,178
12,532
74,710
44,554
30,156
529,195
559,351
Equipment
£
30,660
-
30,660
26,267
659
26,926
3,734
4,393		 2024
2
Total
funds
£
62,178
12,532
74,710
44,554
30,156
529,195
559,351

Page 7

continued...

The Hindu Temple - Bristol

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

6.
TANGIBLE FIXED ASSETS - continued
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Social security and other taxes
Pension control
Raja Ram Mohan Roy fund
Accrued expenses
9.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS		 Fixtures
and
fittings
£
137,452
24,421
161,873
52,785
5,454
58,239
103,634
84,667
At 1.4.24
£
559,351
559,351
Incoming
resources
£
106,695
106,695		 Books
Totals
£
£
643
288,643
-
24,421
643
313,064
-
79,052
-
6,113
-
85,165
643
227,899
643
209,591
2025
2024
£
£
522
814
2025
2024
£
£
-
721
108
284
984
984
3,886
1
4,978
1,990
Net
movement
At
in funds
31.3.25
£
£
29,992
589,343
29,992
589,343
Resources
Movement
expended
in funds
£
£
(76,703)
29,992
(76,703)
29,992		 Totals
£
288,643
24,421		 Totals
£
288,643
24,421
313,064
79,052
6,113
85,165
227,899
209,591
2024
£
814
2024
£
721
284
984
1
1,990
At
31.3.25
£
589,343		 2024
£
814
2024
£
721
284
984
1
1,990
589,343
29,992

Page 8

continued...

The Hindu Temple - Bristol

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.4.23
£
Unrestricted funds
General fund
529,195
TOTAL FUNDS
529,195
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
74,710
TOTAL FUNDS
74,710
A current year 12 months and prior year 12 months combined position is as follows:
At 1.4.23
£
Unrestricted funds
General fund
529,195
TOTAL FUNDS
529,195		 Net
movement
At
in funds
31.3.24
£
£
30,156
559,351
30,156
559,351
Resources
Movement
expended
in funds
£
£
(44,554)
30,156
(44,554)
30,156
Net
movement
At
in funds
31.3.25
£
£
60,148
589,343
60,148
589,343		 At
31.3.24
£
559,351
559,351
589,343

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 181,405 (121,257) 60,148
TOTAL FUNDS 181,405 (121,257) 60,148

Page 9

continued...

The Hindu Temple - Bristol

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 10

The Hindu Temple - Bristol

INCOME AND ENDOWMENTS
Donations and legacies
Arti and Navrarti donations
Members subscriptions
Sundry donations
Gift aid refund
Donation boxes
School visits
Rent/hall hire
Electricity board rent
Investment income
Bank interest
Total incoming resources
EXPENDITURE
Other
Functions - expenses
Food, drinks and rations
Support costs
Management
Wages
National insurance
Pensions
Rates and water
Insurance
Light and heat
Telephone
Printing, postage and stationery
Cleaning and sundries
Repairs and renewals
Finance
Bank charges
Other
Plant and machinery
Fixtures and fittings
Total resources expended
Net income		 Detailed Statement of Financial Activities
for the Year Ended 31 March 2025		 2025
£
9,203
422
37,100
19,039
22,135
346
3,340
100
91,685
15,010
106,695
2,417
1,626
4,043
23,898
10
487
598
2,357
11,811
959
595
4,917
20,674
66,306
241
659
5,454
6,113
76,703
29,992		 2024
£
6,302
713
37,993
-
12,087
260
4,823
-
62,178
12,532
74,710
1,435
2,067
3,502
21,026
(44)
225
269
2,296
1,787
768
52
3,873
5,436
35,688
133
775
4,456
5,231
44,554
30,156

This page does not form part of the statutory financial statements

Page 11