|Report ofthe Trustees||1|to|2|
|---|---|---|---|---|
|Independent
Examiner's
Report|||||
|Statement ofFinancial|Activities||||
|Balance Sheet||5|to|6|
|Notes to the Financial|Statements|7|to|10|
|Detailed Statement of|Financial Activities|11|to|12|
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|for the Year End|ed|31March 2021||||||
|---|---|---|---|---|---|---|---|
|||||||31.3.21|31.3.20|
|||||Um estricted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes|||f||
|INCOME AND|ENDOWMENTS FROM|||||||
|Donations
and legacies||||49,108||49,108|716|
|Other trading activities||||73,566||73,566|101,850|
|Investment
income||||6,000||6,000|8,873|
|Other income||||201,185||201,185||
|Total||||329,859||329,859|111,439|
|EXPENDITURE|ON|||||||
|Raising funds||||322||322|2,062|
|Charitable
activities||||||||
|Charity||||118,437||118,437|108,316|
|Governance
costs||||14,195||14)195|13,571|
|Total||||132,954||132,954|123,949|
|Net gains/(losses)|on|investments||(1,520)||(1,520)|(2,400)|
|NET INCOME/(EXPENDITURE)||||195,385||195,385|(14,910)|
|RECONCILIATION||OF FUNDS||||||
|Total funds brought||forward||1,005,433||1,005,433|1,020,343|
|TOTAL FUNDS|CARRIED FORWARD|||1,200,818||1,200,818|1,005,433|
|Balance Sheet
31March 2021||||||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|f||f||
|FIXEDASSETS||||||
|Tangible assets||454,344||454,344|459,027|
|Investments||90,285||90,285|91,805|
|||544,629||544,629|550,832|
|CURRENT ASSETS||||||
|Prepayments
and accrued income||3&410||3,410|539|
|Cash at bank and in hand||661,786||661,786|549,394|
|||665,196||665)196|549,933|
|CREDITORS||||||
|Amounts
falling due within one year|10|(9,007)||(9,007)|(95,332)|
|NET CURRENT ASSETS||656,189||656,189|454,601|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,200,818||1,200,818|1,005,433|
|NET ASSETS||1,200)818||1,200,818|1,005,433|
|FUNDS||||||
|Unreshdcted
funds||||1,200,818|1,005,433|
|TOTAL FUNDS||||1,200,818|1,005,433|
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|Notes to the Financial Statements|Notes to the Financial Statements|-continued|-continued|||
|---|---|---|---|---|---|
|for the Year Ended 31 March 2021||||||
|3.|INVESTMENT INCOME|||||
|||||31.3.21|31.3.20|
||Investment
income|||3,517|3,842|
||Deposit account interest|||2,483|5,031|
|||||6,000|8,873|
|4.|NET INCOME/(EXPENDITURE)|||||
||Nct income/(expenditure)
is|stated atter charging/(crediting):||||
|||||31.3.21|31.3.20|
||Depreciation
- owned assets|||13,322|498|
|5.|TRUSTEES' REMUNERATION||AND BENEFITS|||
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|The average|monthly
number ofem|ployees
during the year was as f|ollows:|||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|Staff||||2|2|
|No employees
received emoluments||in excess off60,000.||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES|||
||||Unrestricted|Restricted|Total|
||||fund|fund|fundsf|
|INCOME|AND ENDOWMENTS|FROM||||
|Donations|and legacies||716||716|
|Other trading activities|||101,850||101,850|
|Investment|income||8,873||8,873|
|Total|||111,439||111,439|
|EXPENDITURE ON||||||
|Raising funds|||2,062||2,062|
|Charitable|activities|||||
|Charity
Governance|costs||108,316
13,571||108,316
13,571|
||COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund|fund|funds|
||Total|||123,949||123,949|
||Net gains/(losses)|on investments||(2,400)||(2,400)|
||NKT INCOME/(EXPENDITURE)|||(14,910)||(14,910)|
||RECONCILIATION||OF FUNDS||||
||Total funds brought||forward|1,020,343||1,020,343|
||TOTAL FUNDS|CARRIED FORWARD||1,005,433||1,005,433|
|8.|TANGIBLE FIXED||ASSETS||||
||||||Fixtures||
|||||Freehold|and||
|||||property|fittings|Totals|
||COST||||||
||At I April 2020|||557,016|23,119|580,135|
||Additions||||8,639|8,639|
||At 31March 2021|||557,016|31,758|588,774|
||DEPRECIATION||||||
||At 1 April 2020|||100462|20,846|121,108|
||Charge for year|||6,684|6,638|13,322|
||At 31March 2021|||106,946|27)484|134,430|
||NKT BOOK VALUE||||||
||At 31March 2021|||450,070|4,274|454,344|
||At 31 March 2020|||456,754|2,273|459,027|
##
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|9.|FIXEDASSETINVES|TMENTS|||
|---|---|---|---|---|
|||||Unlisted|
|||||investments|
||MARKET VALUE||||
||At I April 2020
Revaluations|||91)805
(1,520)|
||At 31 March 2021|||90,285|
||NKT BOOK VALUE||||
||At 31 March 2021|||90/85|
||At 31 March 2020|||91,805|
||There were no investment|assets outside the UK.|||
|10.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
||||31.3.21|31.3.20|
|||||f|
||Trade creditors|||(I)|
||Amounts
owed to group|undertakings||84,126|
||Other creditors||6,257|6,257|
||Accrued expenses||2,750|4,950|
||||9,007|95,332|
|11.|MOVEMENT
hV FUNDS||||
|11.|MOVEMENT
hV FUNDS||||
|---|---|---|---|---|
||Within the general fund two amounts|have been designated|by the trustees for specific purposes:||
||||2021|2020|
||Sangat Centre Building Fund||348,623|348,623|
||Building maintenance||35,740|50,000|
|12.|RELATED PARTY DISCLOSURES||||
##
|for thc Year E|n|ded|31March 2021|||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|INCOME AND||ENDOWMENTS||||
|Donations
and|legacies|||||
|Gills||||(3)|1|
|Donations||||560|715|
|Grants||||48,551||
|||||49,108|716|
|Other trading|activities|||||
|Hire ofHall|||||3,910|
|Fees||||73,566|97,940|
|||||73,566|101,850|
|Investment
income||||||
|Investment
income||||3,517|3,842|
|Deposit account||interest||2,483|5,031|
|||||6,000|8,873|
|Other income||||||
|Sundry Income||||300||
|Income from Sangat|||A Centre|200,885||
|||||201,185||
|Total incoming||resources||329&859|111,439|
|EXPENDITURE||||||
|Raising donations|||and legacies|||
|Hall Hire||||322|1,662|
|Donations|||||400|
|||||322|2,062|
|Charitable
activities||||||
|Wages||||76,683|76,683|
|Social security||||4,158|5,201|
|Postage and stationery||||2,053|3,717|
|Yoga Class Cost||||510|3,020|
|Social Activities||||395|8,305|
|||||83,799|96,926|
|Support costs||||||
|Management||||||
|Rates and water||||532|241|
|Carried forward||||532|241|
##
|for the Year Ended|3|1Ma|rch 2021|||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
||||||f|
|Management||||||
|Brought forward||||532|241|
|Insurance||||1,551|1,275|
|Light and heat||||3,415|2,368|
|Telephone||||1,375||
|Sundries||||241|178|
|Cleaning||||1&980|2,911|
|Repairs and Renewals||||2,174|1,923|
|Subscriptions|||||492|
|Building
Maintenance||cost||14,260||
|||||25,528|9,388|
|Finance||||||
|Bank charges||||2|2|
|Credit Card Charges||||1,424|1,500|
|||||1,426|1,502|
|Other||||||
|Travel and Subsistence||||1&000|500|
|Governance
costs||||||
|Accountancy
fees||||1,750|1,950|
|Legal fees||||1,290|1,290|
|Secretarial seivices||||10,625|9,685|
|Computer
and Consumable|||Cost||148|
|Freehold property||||6&684||
|Fixtures and fittings||||530|498|
|||||20,879|13,571|
|Total resources expended||||132,954|123,949|
|Net income/(expenditure)|||before gains and|||
|losses||||196,905|(12,510)|
|Realised recognised|gains||and losses|||
|Realised gains/(losses)||on fixed asset investments||(1,520)|(2,400)|
|Net income/(expenditure)||||195,385|(14,910)|