Charity Registration No. 287810 **THE BRAHMIN SOCIETY NORTH LONDON** **TRUSTEES' REPORT AND ACCOUNTS** **FOR THE YEAR ENDED 31 AUGUST 2021** ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**||| |---|---|---| ||Harsha Trivedi|(Chair)| ||Gunvant Dave|(Vice Chair)| ||Ameet Kumar Sharma|(Secretary)| ||Ramnik Joshi|(Treasurer)| ||Hitesh Purohit|(Assist Treasurer)| ||Parul Jani|| ||Ashwin Thaker|| ||Chandrashekhar Thaker|| ||Trupti Joshi|| ||Vandanaben Joshi|| ||Bhavesh Yagnik|Resigned| ||Anjana Thaker|Resigned| ||Nilimaben Raval|Resigned| |Charity number|287810|| |Principal address|BSNL House|| ||128 East Lane|| ||Wembley|| ||Middlesex|| ||HA0 3NL|| |Website|www.bsnl.org.uk|| |Idependent Examiner|Puneet Kumar Sharma|| ||376 Essex Road|| ||London N1 3PF|| |Bankers|HSBC|| ||Watford & Harrow Commercial Centre|| ||1st Floor, Sunningdale|| ||The Belfry Business Park,|Colonial Way| ||Watford|| ||WD24 4LG|| **THE BRAHMIN SOCIETY NORTH LONDON CONTENTS** ||Page| |---|---| |Trustees' report|1 – 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the accounts|6 – 10| **THE BRAHMIN SOCIETY NORTH LONDON TRUSTEES' REPORT FOR THE YEAR ENDED 31 AUGUST 2021** The trustees present their report and accounts together with the independent examiner's report for the year ended 31 August 2021 ## **Governance and management** The Board of Trustees meet monthly in order to monitor the running of the charity. The day to day running of the charity is delegated to a sub committee comprising members of the Board of trustees.. The trustees who served during the year were: |Chair|Harsha Trivedi|| |---|---|---| |Vice Chair|Gunvant Dave|| |Secretary|Ameet Kumar Sharma|| |Treasurer|Ramnik Joshi|| |Membership|Chandrashekar Thaker|| |Building upkeep|Ashwin Thaker|| |Elders Group chair|Hitesh Purohit|| |Events management|Parul Jani|| |Grants/ Abhilasha Chair|Vandanaben Joshi|| |Trustee|Trupti Joshi|| |Asst.Secretary|Bhavesh Yagnik|Resigned on 17/01/2021| |Elders Group chair|Anjana Thaker|Resigned on 01/03/2021| |Trustee|Nilimaben Raval|Resigned on 10/02/2021| ## **Objectives and activities** The Brahmin Society North London is a charity with the following objects: - 1) To promote the advancement of the Hindu religion. 2) To promote relief of poverty and sickness. 3) To promote advancement in education. 4) To promote participation in healthy recreation. ## The main activities are: To provide the means and facilities for education, religious, cultural and recreational activities and where possible, provide Hindu 1) Priests for other communities. To support other local charitable organizations or institutions having objects similar to those of the Society provided they are of a 2) non-political nature. To promote and foster activities pertaining to the philosophy of the Hindu religion amongst the people of Greater London and 3) exchange views and ideas with communities of other religions. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. - 1 - ## **THE BRAHMIN SOCIETY NORTH LONDON TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021** ## **Achievements and performance** We have lived through another challenging year, with Covid 19 restrictions. Year 2021 started with hope as the vaccines were rolled out. The Brahmin Society North London continued to support the members by providing opportunities to connect with each other. The society endeavoured to carry out its activities as the previous year. Despite government’s decision to lift some restrictions on social gatherings, Trustees continued to provide activities for our Day Clubs - eClub, Ladies Club and Men's club, Open Mic, Yoga, Hanuman Chalisha, Bhajans, ets., via 'Zoom' platform to keep the members and their families safe. Organising events is always a challenge but to do so via social platforms requires vision and imagination. Trustees are indebted to those volunteers who came up with new ideas and executed those to perfection. Trustees and I are extremely grateful to all the volunteers for their commitment and hard work to the community. Going forward, we will keep reviewing our current position regarding holding Zoom programmes, as the Covid 19 situation is fluid. The trustees in charge of this review, will decide if it is safe to start activities in the BSNL hall. However, it may be prudent to continue with Zoom option to include those members who are vulnerable and are shielding. Homeless Kitchen project has been an important project for BSNL, which allows our members to support the wider community. Unfortunately, due to Covid 19 risks, this project is temporarily on hold. ## **Financial review** BSNL finance have shown a decline in Donations, Membership and rental income. This has been impacted by our normal interactions in person at various religious and other events in previous years. The interest rates are also at a histortical low and the income from investments are minimal. The trustees do not expect any short term risk to BSNL assets. An appropriate and adequate insurance provisions, reviewed annually, have been made to mitigate such risks/potential losses. Regular risk assessments are undertaken for Health and safety issues and if necessary, action is taken to reduce or eliminate any risks identified. BSNL policy is that unrestricted funds, which have not been designated for specific use, should be maintained at a level equivalent to expenditure for 3 to 6 events. The trustees are of the opinion that reserves at this level would ensure, BSNL would be able continue activities at the current level, in the event that there is a significant drop in funding. This period would allow the Trustees to identify ways in which additional funds may be raised. I am pleased to confirm that, despite the financial difficulties, the level of reserves has been maintained throughout the year. Finally, Trustees would like to thank all the volunteers for devoting their invaluable time to BSNL and the members for being part of BSNL. On behalf of the board of trustees ## **Harsha Trivedi (Chair)** Trustee Dated: 22 Sept 2021 - 2 - ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRAHMIN SOCIETY NORTH LONDON** I report on the accounts for the year ended 31 August 2021 which are set out on pages 4 to 10. ## **Respective responsibilities of trustees and auditors** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed. ## It is my responsibility to: - examine the accounts under section 43 of the 1993 Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the 1993 Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examinier's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explantions from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a `true and fair' view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention. - 1) which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 41 of the 1993 Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met; or - 2) to which, in my opinion, attenion should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Puneet Kumar Sharma FCA** 376 Essex Road London N1 3PF Dated: 22 December 2021 - 3 - ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## **FOR THE YEAR ENDED 31 AUGUST 2021** |**Notes**
**Incoming resources from generated funds**
Voluntary income
**2**
Investment income
**3**
Incoming resources from charitable activities
**4**
Grants Received
**4a**
Other Income
**4b**
**Total incoming resources**
**Resources expended**
**Charitable activities**
Community programs
**5**
**Total resources expended**
**Net (expenditure)/income for the year/**
**Net movement in funds**
Fund balances at 1 September 2020
**Fund balances at 31 August 2021**|**Unrestricted**
**funds**
**£**
16,125
40,388
**56,513**
7,612
-
23,889
**88,014**
25,246
**25,246**
62,768
462,762
**525,530**|**Restricted**
**funds**
**£**
(18,794)
**(18,794)**
-
1,250
-
**(17,544)**
28,039
**28,039**
(45,583)
435,956
**390,373**|**Total**
**2021**
**£**
(2,669)
40,388
**37,719**
7,612
1,250
23,889
**70,470**
53,285
**53,285**
17,185
898,718
**915,903**|**Total**
**2020**
**£**
7,807
60,993| |---|---|---|---|---| |||||**68,800**
15,834
-
-| |||||**84,634**| |||||57,259| |||||**57,259**| |||||27,375
871,343| |||||**898,718**| - 4 - ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **BALANCE SHEET** ## **AS AT 31 AUGUST 2021** |**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors & Prepayments
**11**
Cash at bank and in hand
**Total Current Assets**
**Creditors: amounts falling due within one year**
**12**
**Net current assets**
**Total assets less current liabilities**
**Income funds**
Restricted funds
**13**
Unrestricted funds|**2021**
£
£
451,933
31,425
458,401
489,826
(25,856)
463,970
**915,903**
390,373
525,530
**915,903**|**2021**
£
£
451,933
31,425
458,401
489,826
(25,856)
463,970
**915,903**
390,373
525,530
**915,903**|**2020**

£
£
460,820
19,762
423,177
442,939
(5,041)
437,898
**898,718**
435,956
462,762
**898,718**|**2020**

£
£
460,820
19,762
423,177
442,939
(5,041)
437,898
**898,718**
435,956
462,762
**898,718**| |---|---|---|---|---| |||||| |||**915,903**||**898,718**| |||390,373
525,530||435,956
462,762| |||**915,903**||**898,718**| The accounts were approved by Trustees on 22 September 2021 Harsha Trivedi (Chair) **Trustee** Ramnik Joshi (Treasurer) **Trustee** - 5 - ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **NOTES TO THE ACCOUNTS** ## **FOR THE YEAR ENDED 31 AUGUST 2021** ## 1 **Accounting policies** ## 1.1 **Basis of preparation** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 1993. - 1.2 **Incoming resources** Donations and grants are dealt with in the year in which they are received. The income tax recoverable attributable to donations are dealt with in the year to which the donations relate. - 1.3 **Tangible fixed assets and depreciation** Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Freehold land No depreciation Freehold buildings Straight line over 50 years Fixtures, fittings & equipment Straight line over 5 years ## 2 **Voluntary income** |**Unrestricted**
**funds**
**£**
Donations and gifts
16,125
**Donations and gifts**
Unrestricted funds:
Donations and gifts
Reallocation-Portacabin Development
Gift aid
Restricted funds:
Reallocation-Portacabin Development
Refund - Portacabin Development
Refund HMRC - Gift Aid Tax
Funeral Support|**Restricted**
**funds**
**£**
(18,794)|**Total**
**2021**
**£**
(2,669)
471
13,919
1,735
16,125
(13,919)
(3,900)
(975)
-
(18,794)|**Total**
**2020**
**£**
7,807| |---|---|---|---| ||||1,323
-
6,267| ||||7,590| ||||-
-
-
217| ||||217| - 6 - ## **THE BRAHMIN SOCIETY NORTH LONDON NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021** ## **3 Investment income** |Rental income
Interest receivable
**4**
**Incoming resources from charitable activities**
Members subscriptions
Sundry programme receipts (Net)
Bhajan
eGroup Shivkatha
Hanuman Chalisa
Havan
Homeless Kitchen
Mahashivratri
Men's Club
Music Class
Harmonium Class
Navratri (Joint Navratri net income allocation)
Open Mike
AGM - Hanuman Chalisha
Bolly Aerobics
BSNL Navratri/Childrens Garba
Diwali
Elders Group
Football
Ladies Club
Mehfil/ Music event
Movie Night
Parents and Toddler Group
Childrens Xmas Party
BSNL Yoga
**4a**
**Grants Receivable**
Tesco Grant
**4b**
**Other Income**
Federation closing fund
Insurance compensation|**Unrestricted**
**funds**
**£**
38,951
1,437
**40,388**
**Unrestricted**
**funds**
**£**
3,669
3,943
**7,612**
**Receipts**
**£**
51
72
2,142
1,254
781
432
360
1,640
2,460
994
145
-
-
-
-
-
-
-
-
-
-
-
-
**10,331**|**Restricted**
**funds**
**£**
-
-
**-**
**Restricted**
**funds**
**£**
-
-
**-**
**Expenditure**
**£**
-
72
90
319
781
51
150
1,500
2,300
1,125
-
-
-
-
-
-
-
-
-
-
-
-
-
**6,388**|**Total**
**2021**
**£**
38,951
1,437
**40,388**
**Total**
**2021**
**£**
3,669
3,943
**7,612**
**Net**
**2021**
**£**
51
-
2,052
935
-
381
210
140
160
(131)
145
-
-
-
-
-
-
-
-
-
-
-
-
**3,943**
**2021**
1,250
**2021**
1,139
22,750
**23,889**|**Total**
**2020**
**£**
57,762
3,231| |---|---|---|---|---| |||||**60,993**| |||||**Total**
**2020**
**£**
6,786
9,048| |||||**15,834**| |||||**Net**
**2020**
**£**
179
-
-
2,036
-
534
754
1,043
-
2,153
443
(131)
10
218
(1,480)
1,475
(207)
732
1,340
4
(155)
(109)
209| |||||**9,048**| |||||**2020**
-| |||||**2020**
-
-| |||||-| - 7 - ## **THE BRAHMIN SOCIETY NORTH LONDON** ## **NOTES TO THE ACCOUNTS (CONTINUED)** ## **FOR THE YEAR ENDED 31 AUGUST 2021** |**5**
**Total resources expended**
**Unrestricted**
**funds**
**£**
Depreciation
-
Community programs
23,526
Grant funding of activities
1,720
Total
**25,246**
**6**
**Costs relating to community programs**
**Unrestricted**
**£**
Printing, postage, stationery & eMailings
1,313
Computer Software/ Hardware/Program
422
Membership software
1,318
Insurance
2,792
Water rates
452
Light and heat
4,092
Telephone
1,013
Cleaning
1,613
Repairs and maintenance + Gardening
9,194
Portacabin Demolition
-
Legal & Professional Fees-Structural Eng.
-
Key Holder
-
Bank charges & interest
47
Sundry
390
Subscriptions
100
Supplies / Training
-
Grant Expenses
-
Web site
780
23,526
**7**
**Grants payable**
**Unrestricted**
**£**
Grants & Funding
1,720
Grants to institutions relating to community programs comprise:
BEHT - Education fund
400
GOSH Childrens Charity
300
UNICEF - Covid 19 Vaccinaid
1,020
Marie Curie
Water Aid
Go Dharmic - COVID 19 Appeal
1,720|**Restricted**
**funds**
**£**
8,887
19,152
-
**28,039**
**Restricted**
**£**
-
-
-
-
-
-
-
-
19,152
-
-
-
-
-
-
-
-
19,152
**Restricted**
**£**
-
-
-
-
-|**Total**
**2021**
**£**
8,887
42,678
1,720
**53,285**
**2021**
**£**
1,313
422
1,318
2,792
452
4,092
1,013
1,613
9,194
19,152
-
-
47
390
100
-
-
780
42,678
**2021**
**£**
1,720
400
300
1,020
1,720|**Total**
**2020**
**£**
8,887
47,372
1,000| |---|---|---|---| ||||**57,259**| ||||**2020**
**£**
1,440
262
-
2,507
730
4,552
1,448
8,770
19,427
-
1,250
1,400
114
933
600
134
3,084
720| ||||47,372| ||||**2020**
**£**
1,000| ||||400
-
-
150
150
300| ||||1,000| - 8 - ## **THE BRAHMIN SOCIETY NORTH LONDON NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2021** ## **8 Trustees** None of the trustees (or any persons connected with them) received any remuneration during the year. ## **9 Employees** There were no employees during the year. ## **10 Tangible fixed assets** |**Cost**
**As at 31 August 2020**
**Additions**
**Cost As at 31 August 2021**
**Depreciation**
As At 1 September 2020
Charge for the year
**Depreciation As At 31 August 2021**
**Net book value**
**As At 31 August 2021**
**As At 31 August 2020**
**11**
**Debtors**
Other Debtors
Prepayments
**12**
**Creditors: amounts falling due within one year**
Accruals and deferred income|**Freehold land**
**£**
207,175
-
207,175
-
-
-
**207,175**
**207,175**|**Freehold**
**buildings**
**£**
362,884
-
362,884
112,501
7,257
119,758
**243,126**
**250,383**|**Fixtures,**
**fittings &**
**equipment**
**£**
16,869
16,869
13,607
1,630
15,237
**1,632**
**3,262**
**2021**
**£**
25,701
5,724
**31,425**
**2,021**
**£**
**25,856**|**Total**
**£**
586,928
-| |---|---|---|---|---| |||||586,928| |||||126,108
8,887| |||||134,995| |||||**451,933**| |||||**460,820**| |||||**2020**
**£**
16,274
3,488| |||||**19,762**| |||||**2,020**
**£**
**5,041**| - 9 - **THE BRAHMIN SOCIETY NORTH LONDON NOTES TO THE ACCOUNTS (CONTINUED)** ## **FOR THE YEAR ENDED 31 AUGUST 2021** ## **13 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |**Restricted funds**
Building fund (Inc.Development project)
Homeless Kitchen
Tesco Grant
**Unrestricted Fund**
**14**
**Analysis of net assets between funds**
Fund balances at 31 August 2021 are represented by:
Tangible fixed assets
Net Current assets
Creditors: amounts falling due within one year|**Balance as at**
**31 August**
**2020**
**£**
435,956
-
-
**435,956**
**462,762**|**Incoming**
**resources**
**£**
(19,575)
781
1,250
**(17,544)**
**88,014**
**Unrestricted**
**funds**
**£**
163,831
368,403
(6,704)
**525,530**
**Movement**|**Resources**
**expended**
**£**
(27,258)
(781)
-
**(28,039)**
**(25,246)**
**Restricted**
**funds**
**£**
288,102
121,423
(19,152)
**390,373**
**in funds**|**Balance as at**
**31 August**
**2021**
**£**
389,123
-
1,250| |---|---|---|---|---| |||||**390,373**| |||||**525,530**| |||||**Total**
**£**
451,933
489,826
(25,856)| |||||**915,903**| - 10 -