**REGISTERED CHARITY NUMBER: 279843**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2021**
## **for**
## **HINDU PRAGATI SANGHA**
KALA ATKINSON Chartered Certified Accountants
& Statutory Auditors
43 Upton Lane London E7 9PA
**HINDU PRAGATI SANGHA**
## **Contents of the Financial Statements for the Year Ended 31 December 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1|
|**Independent Examiner's Report**|2|
|**Statement of Financial Activities**|3|
|**Balance Sheet**|4|
|**Notes to the Financial Statements**|5 to 9|
|**Detailed Statement of Financial Activities**|10|
HJIqDV PRAGATISANGH
Report ofthe Trnstee8
for th* Year Ended 31 Deeember 2021
The trnstees present their ryrt with the 6nallct81 stat¢ellts of the ¢harity for the year cllded 31 Decellther2021. The
trttte5 have adopted the provisEons of Accowitillg and Reportillg by CIwrAiies: Statettlellt of Recollullended PtIce
applicable to ¢b8rities prepariDg their 2c£ouDts in attord8nce with the FiD8n¢y81 Reporting StsndaAI applicable ill the
UK 8nd Republic of Irel8ltd IFRS 102) (efftctive l January 2019).
Gov¢rJtiDg do¢uweDt
The obarity 15 coDtrolled by its 8overniDS docuuhenL a d¢¢d of trust awl constithtes sn vnioc0ry0rat ¢barity.
Regtstered Charlty
279843
Principal address
33 Rbondda Grove
London
E3 SAP
Trustees
Mr Anupam Das Choudh
MrDhirendra Kwo3TDatta
Mr Bidhu Bhu5hall GoswaTri
Mr D118rn1i Kumar Nath
Mr Tryado Hote
Mr PraDtosh R8njan Roy
Mr Brojeudra Lal Skntbrddlw
Indepelldellt knminer
KALA ATKENSON
ChArttt Certified AecountAnts
& Ststw Auditors
43 Uptoll IAtte
London
E7 9PA
Approved by order of the TrM)ard of on 13 October 2022 and s18tt¢d on hs beIlf by.
DhArendraKumarDatta
Page I
Independent Examiner's Report to the Trustee5 of
HINDU PRACATI SANGHA
Independent examiner's report to the trnstees of HINDU PRAGATI SANGHA
I report to the eharity trustees on my examination of the accourtts tsf HNDU PRAGATI SANGHA (the Trust) for the
year ended 31 December 2021.
R¢sp(pnsibilities #Nd ba5rs of report
As the charity trustees of the Twst you are responsible for the preparatton of the accounts in accordance with the
r¢quirem¢nts of the Charities Act 2011 {'the Act,).
I report in respect of my examination of the Twst's accounts Carried out under Section 145 of the Act and in Carrytng oui
my examination I have followed all appli¢able Directions given by the Charity Commission under section 14515llb) of
the Act.
Independent examiner's statement
I have completed my examination. I confirtn that nts Thaterial matters have come to my attention itt connection with the
examination giving me cause to believe that in any matertal respect..
accounting records ivere not kept in respect of the Tnt as required by section 130 tsf the Act: gr
the accounts do not accord with ¢hose re¢ords- or
the accounts do not ¢omply with the applicable requirements concerning th¢ fom) and content of a¢¢ounis set
out in the Charities (Accounts and Reports) Regulations 2008 other than any requiretnent that the accounts give
a true and fair view which is not a matter ¢onsidered as part of an independent examination.
I have no ¢on¢ems and have come acmss no other m?Iter5 in connectton with the ¢xamination to which attention should
be drawn in this rert in order to enable a proper understanding of th¢ to be reached.
FCC
A ATKtNSON
charted Certified Accountants
& Statutory Auditor5
43 Upton Lane
London
E7 9PA
Date: 13 October 2022
Page 2
## **HINDU PRAGATI SANGHA**
## **Statement of Financial Activities for the Year Ended 31 December 2021**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
40,745
Investment income
2
1
**Total**
40,746
**EXPENDITURE ON**
Raising funds
19,849
**NET INCOME**
20,897
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
579,447
**TOTAL FUNDS CARRIED FORWARD**
600,344|Restricted
fund
£
-
-
-
-
-
32,231
32,231|31.12.21
31.12.20
Total
Total
funds
funds
£
£
40,745
18,029
1
9
40,746
18,038
19,849
12,998
20,897
5,040
611,678
606,638
632,575
611,678|
|---|---|---|
The notes form part of these financial statements
Page 3
lBOINDU JPRAGA TI SANGElA
Balance Sheet 31 Decembel1' 2021
|Notes
FD ASSET§
Tangble assets
5
CUENT ASSETS
Cash at ba and in had
CREDITORS
Amounts falling due witin one year
6
NET CUNJ ASSETS
TOTAL ASSETS JE§S CURRENT
LIABILITIES
CREDITORS
Aolnts falling due afer more than one year
7
**NET ASSETS**
**FS**
**9**
Unresticted fnds
Resticted fnds
**TOTAL FS**|31.12.21
31.12.20
Unresticted
Restcted
Total
Total
fnd
fnd
fnds
fnds
£
£
**£**
**£**
657,098
32,231
689,329
689,329
12,728
12,728
15,252
(2,285)
(2,285)
(3,736)
10,443
10,443
11,516
667,541
32,231
699,772
700,845
(67,197)
(67,197)
(89,167)
600,344
32,231
632,575
611,678
600,344
579,447
32.31
32,231
632,575
611,678|
|---|---|
|||
The fi cial statements were approved by the Board of Trustees and authorised for issue on 13 October 2022 and were signed on its behalf by:
_� Cu-.f.kt Uu,ma;J,�c;.-_ Dhirendra Kumar Datta Trustee
Page 4
**HINDU PRAGATI SANGHA**
## **Notes to the Financial Statements for the Year Ended 31 December 2021**
## **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.
Fixtures, Fittings and Equipments : 0% Land and Buildings : 0%
## **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.
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
||31.12.21|31.12.20|
||£|£|
|Deposit account interest|1|9|
Page 5
continued...
**HINDU PRAGATI SANGHA**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021**
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**5.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2021 and 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|Unrestricted
fund
£
18,029
9
18,038
12,998
5,040
574,407
579,447
Freehold
property
£
635,336
635,336
635,336|Restricted
fund
£
-
-
-
-
-
32,231
32,231
Fixtures
and
fittings
£
53,993
53,993
53,993|Total
funds
£
18,029
9
18,038
12,998
5,040
606,638
611,678
Totals
£
689,329
689,329
689,329|
|---|---|---|---|
Page 6
continued...
**HINDU PRAGATI SANGHA**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021**
|**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|---|---|---|---|---|---|---|
|||||31.12.21||31.12.20|
||||||£|£|
||Bank loans and overdrafts (see note 8)||||1,925|3,376|
||Other creditors||||360|360|
||||||2,285|3,736|
|**7.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**|||**YEAR**|||
|||||31.12.21||31.12.20|
||||||£|£|
||Bank loans (see note 8)||||67,197|89,167|
|**8.**|**LOANS**||||||
||An analysis of the maturity of loans is given below:||||||
|||||31.12.21||31.12.20|
||||||£|£|
||Amounts falling due within one year on demand:||||||
||Bank loans||||1,925|3,376|
||Amounts falling due in more than five years:||||||
||Repayable by instalments:||||||
||Bank loans more 5 yr by instal||||67,197|89,167|
|**9.**|**MOVEMENT IN FUNDS**||||||
||||||Net||
|||||movement||At|
|||At|1.1.21|
in funds||31.12.21|
||||£||£|£|
||**Unrestricted funds**||||||
||General fund|579,447|||20,897|600,344|
||**Restricted funds**||||||
||Restricted fund|32,231|||-|32,231|
||**TOTAL FUNDS**|611,678|||20,897|632,575|
||Net movement in funds, included in the above are as follows:||||||
|||Incoming||
Resources||Movement|
|||resources||
expended||in funds|
||||£||£|£|
||**Unrestricted funds**||||||
||General fund|40,746||(19,849)||20,897|
||**TOTAL FUNDS**|40,746||(19,849)||20,897|
continued...
Page 7
**HINDU PRAGATI SANGHA**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2021**
## **9. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|At 1.1.20
£
574,407
32,231
606,638|Net
movement
in funds
£
5,040
-
5,040|At
31.12.20
£
579,447
32,231
611,678|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|18,038|(12,998)|5,040|
|**TOTAL FUNDS**|18,038|(12,998)|5,040|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|At 1.1.20
£
574,407
32,231
606,638|Net
movement
in funds
£
25,937
-
25,937|At
31.12.21
£
600,344
32,231
632,575|
|---|---|---|---|
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|58,784|(32,847)|25,937|
|**TOTAL FUNDS**|58,784|(32,847)|25,937|
continued...
Page 8
## **HINDU PRAGATI SANGHA**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2021**
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2021.
Page 9
**HINDU PRAGATI SANGHA**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2021**
|**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2021**|||
|---|---|---|
||31.12.21|31.12.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Mortgage Fund|-|6,390|
|Donation for Community|40,745|11,639|
||40,745|18,029|
|**Investment income**|||
|Deposit account interest|1|9|
|**Total incoming resources**|40,746|18,038|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Insurance|1,449|1,395|
|Light and heat|1,085|1,311|
|Telephone|349|432|
|Sundries|1,163|356|
|Water bill|673|-|
|Puja Shamogri|1,780|879|
|Proshad|1,209|602|
|Priest fees|1,074|672|
|Trade Refuse and Cleaning|1,554|267|
|Repair & Renewals|3,172|611|
|Accountancy|360|360|
|Mortgage Interest|5,981|6,113|
||19,849|12,998|
|Total resources expended|19,849|12,998|
|**Net income**|20,897|5,040|
This page does not form part of the statutory financial statements
Page 10