## ## |Governors|Narendra
Thakrar|Narendra
Thakrar|||| |---|---|---|---|---|---| ||Gorande
Bhatt||||| ||Mahendra
Patel||||| ||Rasika Patel||||| ||Ashit Roy Thakkar||||| ||Subahu
Patel||||| ||Ajay Jobanputra||||| ||Pradeep
Dhamecha||||| ||Rajubhai
Raichura||||| |Charity number|277833||||| |Principal address|Shri Sanatan
Hindu||Mandir||| ||P.O. Box700||||| ||Wembley||||| ||HAO 4TA||||| ||Shri Nathji Sanatan||Hindu|Mandir|| ||159-161Whipps|Cross Road|||| ||Leytonstone||||| ||E11 1NP||||| |Auditors|KLSA LLP||||| ||Kalamu
House||||| ||11Coldbath
Square||||| ||London||||| ||EC1R 5HL||||| |Bankers|Punjab
National|Bank (International)|||Ltd| ||188 Ealing Road||||| ||Wembley||||| ||Middlesex||||| ||HAO 4QD||||| |Website|www. svnuk. org||||| ## ## ||||||Page| |---|---|---|---|---|---| |Governors'|report||||1-4| |Independent|auditor's|report|||5-7| |Consolidated|statement||offinancial|activities|| |Group and Charity balance sheets|||||| |Consolidated|statement||ofcash flows||10| |Notes to the|consolidated||financial|statements|11-20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds|funds||funds|funds|| |||||2022|2022|2022|2021|2021|2021| ||||Notes||f|f|f|f|f| |Income and endowments|||from:||||||| |Donations||||1,153,855|10,244|1,164,099|513,233|4,527|517,760| |Other income||||33,865||33,865|94,960||94,960| |Total Income||||1,187,720|10,244|1,197,964|608,193|4,527|612,720| |d t|||||||||| |Raising funds||4||732,929||732,929|616,510||616,510| |Charitable
activities||||11,782||11,782|18,756||18,756| |Total expenditure||||744,711||744,711|635,266||635,266| |Net Income/(expenditure)|||for||||||| |the year/|||||||||| |Net movement|in funds|||443,009|10,244|453,253|(27,073)|4,527|(22,546)| |Fund balances|at 1 July|2021||13,650,659|4,527|13,655,186|13,677,732||13,677,732| |Fund balances|at 30June||||||||| |2022||||14,093,668|14,771|14,108,439|13,650,659|4,527|13,655,186| ## ## ## |||||Group|Group|Charity|Charity| |---|---|---|---|---|---|---|---| |||||2022|2021|2022|2021| |Fixed assets|||Notes|8|8|8|8| |Tangible assets|||10&11|16,373,950|16,484,470|16,373,950|16,484,469| |Investments|||12||||| |||||16,373,950|16,484,470|16,373,952|16,484,471| |Current assets|||||||| |Debtors||||2,094||150,577|77,378| |Cash at bank and|in|hand||540,891|149,754|332,038|39,864| |||||542,985|149,754|482,615|117,242| |Creditors: amounts
one year||falling due within||~276 587|~79038|~756 194|~46 5tl3| |Net current
liabilities||||326,398|70,716|326,421|70,739| |Creditors: amounts||falling due after|||||| |more than one year|||16|~2594,940|~2,900,000|~2,591,910|~2,900000| |Total assets less|current liabilities|||14,108,439|13,655,186|14,108,463|13,655,210| |Income funds|||||||| |Restricted Funds||||10,244|4,527|10,244|4,527| |Unrestricted
funds|||||||| |General unrestricted||funds||13,248,113|12,809,630|13,248,137|12,800,601| |Revaluation
reserve||||850,082|850,082|850,082|850,082| |||||14,108,439|13,655,186|14,108,463|13,655,210| ## ## ## |||||||2022||2021| |---|---|---|---|---|---|---|---|---| |||||Notes|f|||8| |Cash flows from operating||activities||||||| |Cash (used in)/generated|from operations|||18|||525,022|| |Investing
activities||||||||| |Proceeds from disposal|oftangible||fixed|assets|66,115|||| |Interest received||||||||| |Net cash used
In investing||activities|||||66,115|| |Financing
activities||||||||| |Proceeds from new bank|loan|||||||2,900,000| |Repayment
of bank loan|||||(200,000)|||(2,748,692)| |Net cash generated
from/(used)|||in|||||| |financing
activities|||||||(200,000)|| |Net (decrease)/increase|in|cash|and cash|||||| |equivalents|||||||391,137|| |Cash and cash equivalents||at beginning||ofyear|||149,754|| |Cash and cash equivalents||at end ofyear|||||540,891|| |Relating to:||||||||| |Cash at bank and
in hand|||||||540,891|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|that period, or in t
and future periods.
Donations|he|period|ofthe revision
and future
p|eriods where the re|vision affects both|current| |---|---|---|---|---|---|---|---| |||||||2022f|2021
f| ||Donations
and gifts|||||1,164,099|513,233| ||Other income|||||33,865|94,960| |||||||1,197,964|608,193| ||Induded
under other Income is CJRS516.5k (2021:95k), insurance||||claim 56.2k (2021.nil)|and gain on disposal|of equipment| ||amounting
toct1k.||||||| |4|Raising funds||||||| |||||||2022|2021| |||||||6|6| ||Cost of
eneratin|funds|||||| ||Administration
costs|||||323,177|301,961| ||Staff costs|||||352,356|258,980| ||Depreciation
and impairment|||||55,552|55,569| ||Cost of generating|funds||||731,085|616,510| ||Administration
costs||indude|finance cost of661,407 (2021:f114,513).|||| ||Charitable
activities||||||| ||Religious
activities|||||11,782|18,756| |||||||742,867|635,266| ||Analysis
by fund||||||| ||Unrestricted
funds|||||742,867|635,266| |||||||742,867|635,266| |5|Charitable
activities||||||| |||||||2022f|2021
6| ||Share ofgovernance||costs|(see note 6)||6,933|10,394| ||Share of support costs (see|||note 6)||4,849|8,362| |||||||11,782|18,756| ## ## ## |Support|costs|||||| |---|---|---|---|---|---|---| |||Support|Governance|2022|2021|Basis ofallocation| |||costs|costs|||| |||E|f|f|f|| |Audit fees|||4,633|4,633|4,450|Governance| |Non-Audit|fees||2,300|2,300|5,944|Governance| |Legal and|professional|4,849||4,849|8,362|Support| |||4,849|6,933|11,782|18,756|| |Analysed|between|||||| |Charitable|activities|4,849|6,933|11,782|18,756|| |
The average|
monthly
number
employees
during the|year was:|| |---|---|---|---| |||2022|2021| |||Number|Number| |Pujari||5|4| |Admin staff||11|11| |||16|15| |Employment|costs|2022
f|2021
E| |Wages and salaries||323,259|248,553| |Social security costs||29,097|10,427| ## ## ## |Group tangible
f|ixed|a|ssets||||| |---|---|---|---|---|---|---|---| |||||Land and buildings|Fixtures, fittings||Total| ||||||&|equipment|| |Cost|||||||| |At 1 July 2021||||17,330,450||213,707|17,544,157| |Disposals||||||(54,967)|(54,967)| |At 30June 2022||||17,330,450||158,740|17,489,190| |Depreciation
and|impairment||||||| |At 1 July 2021||||937,925||121,763|1,059,688| |Depreciation
charged||in|the year|55,486||66|55,552| |At 30June 2022||||993,411||121,829|1,115,240| |Carrying
amount|||||||| |At 30June 2022||||16,337,039||36,911|16,373,950| |At 30June 2021||||16,392,525||91,944|16,484,469| |The Board of Governors|||are of the opinion|that the market values of the freehold||properties|are not less than| |their book value at 30||June 2022.|||||| |Charity tangible|fixed assets||||||| |||||Land and bugdlngs|Fixtures, fittings||Total| ||||||&|equipment|| |Cost|||||||| |At 1 July 2021||||17,330,450||180,525|17,510,975| |Disposals||||||(54,967)|(54,967)| |At 30June 2022||||17,330,450||125,558|17,456,008| |Depreciation
and impairment|||||||| |At 1 July 2021||||937,925||8S,581|1,026,506| |Depreciation
charged||in|the year|55,486||66|55,552| |At 30June 2022||||993,411||88,647|1,082,058| |Carrying
amount|||||||| |At 30June 2022||||16,337,039||25,763|16,373,950| |At 30June 2021||||16,392,525||91,944|16,484,469| ## ## ## ## ||Group|Charity|| |---|---|---|---| |2022|2021|2022|2021| |||2|2| ||Shri Vall
Wales.|a|bh
Nidhi
—U|bh
Nidhi
—U|K holds|100% share capital of S|hrico Limited,
a co|mpany
inco|rporated
i|n England
&| |---|---|---|---|---|---|---|---|---|---|---| |13|Financial||instruments|||||2022||2021f| ||Carrying||amount offinancial|||assets||||| ||Equity instruments|||measured||at cost less impairment||||| ||Carrying||amount offinancial|||liabilities||||| ||Measured||at amortised||cost||2|808497|2|947 754| |14|Debtors|||||||||| ||||||||Group||Charity|| ||||||||2022|2021|2022|2021| ||Amounts||falling due||within|one year:|||f|f| ||Amounts||due from|subsidiary|||||148,483|77,378| ||Prepayments||||||2,094||2,094|| ||||||||2,094||150,577|77,378| |15|Creditors:||amounts|falling due within one year||||||| ||||||||Group||Charity|| ||||||||2022|2021|2022|2021| ||||||||f|f|f|f| ||Bankloans||||||108,090||108,090|| ||Taxation and social security||||||4,250|4,959||| ||Other creditors||||||57,196|43,504|45,104|43,504| ||Accruals|and deferred|||income||47,051|30,575|3,000|3,000| ||||||||216,587|79,038|156,194|46,504| ## ## |16|Creditors: amounts|Creditors: amounts|falling after more than one year||| |---|---|---|---|---|---| |||||2022|2021| |||||F|8| ||Loans|and Overdrafts|||| ||Bank loans|||2 700 000|2900000| ||Payable|within one|year|108,090|| ||Payable|after one year||2 591 910|2 900000| ## ||were they party to any transactions
that|were they party to any transactions
that|were|entered
in to by the Charity.|entered
in to by the Charity.|entered
in to by the Charity.||| |---|---|---|---|---|---|---|---|---| ||At the balance sheet date, the amount||owed|from Shrico Limited amounted|||tof148,494 (2021:77,378).|| ||One ofthe trustee's
has provided|a guarantee||for the CBILreceived||by the|charity,
amounting|to 62.7m as| ||at the year-end.|||||||| |18|Cash generated
from operations||||||2022f|2021
8| ||Surplus/
(Deficit) for the year||||||442,105|(22,546)| ||Adjustments
for:|||||||| ||Investment
income recognised
in|statement||offinancial|activities|||| ||Depreciation
and impairment
of tangible||fixed assets||||55,552|55,569| ||Movements
in working
capital:|||||||| ||Decrease/(increase)
in debtors||||||(2,094)|| ||(Decrease)/increase
in creditors||||||(229445599|48 668| ||Cash generated
from operations||||||525 022|15645| |9|Events after reporting
period
The charity has repaid a sum off250k||ofthe|loan post|balance sheet date.||||