##
##
##
|CONTENTS|PAGE|
|---|---|
|LEGAL AND ADMINISTRATIVE
INFORMATION||
|REPORT OF THE TRUSTEES|2-11|
|INDEPENDENT AUDITOR'6 REPORT|12-14|
|STATEMENT OF FINANCIAL ACTIVITIES|15|
|BALANCE SHEET|16|
|STATEMENT OF CASHFLOWS|17|
|NOTES TO THE FINANCIAL STATEMENTS|18-30|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|FOR THE YEAR E|NDED 31ST|MARCH 202|2||||
|---|---|---|---|---|---|---|
|||||||2021|
||||||2022|Total|
||||Unrestricted|Restricted|Total|funds|
||||funds|funds
'|funds|(re-stated)|
|||Notes|8|6||5|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||4|1,932,035|5,454|1,937,489|997,457|
|Other trading
and contributing|||||||
|activities|||332,447||332,447|69,398|
|Investment
income|||104,644||104,644|81,913|
|Other income||||||34,310|
|Total income|||2,369,126|5,454|2,374,580|1,183,078|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Charitable
expenditure||8|1,268,097|9,472|1,277,569|1,038,781|
|Total expenditure|||1,268,097|9,472|1,277,569|1,038,781|
|NET INCOME|||1,101,029|(4,018)|1,097,011|144,297|
|Transfer between funds|||37,000|37,000|||
||||,1,138,029|(41,018)|1,097,011|144,297|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||16,774,260|885,929|17,660,189|17,515,892|
|TOTAL FUNDS CARRIED FORWARD|||17,912,289|844,911|16,757200|17660189|
##
##
##
|VENKATESWARA
BALitLII TEMPLE OF
gAA*E 6|VENKATESWARA
BALitLII TEMPLE OF
gAA*E 6|U
ITED KINGD|OM|||
|---|---|---|---|---|---|
|AS AT 31 7 MARCH 2022||||||
||||||2021|
|||Notes|2022
6||(re-stated)
E|
|FIXEDASSETS||||||
|Tangible Assets|||13,916,404||12,355,448|
|CURRENT ASSETS||||||
|Debtors' amounts
Debtors, amounts
Cash al bank|falkng due within one year
falkng due after one year|15
16|68,656
4,874,107|'|249,295
5,118,398|
||||4,942,763||5,367,693|
|CREDITORS:||||||
|AMOUNTS
FALLING DUE WITHIN ONE YEAR||17|(101,967)||(62,952)|
|NET CURRENT ASSETS|||4,840,796||5.304,741|
|TOTAL ASSETS|LESSCURRENT LIABILITIES||18757,200||17,660,189|
|FUNDS||||||
|Unrestncted
funds
Restricted funds||18
18|17,912,289
844.911
157
Ila||16,774,260
SS5,929
1,860,
IIQ|
##
|||LOWE||||||
|---|---|---|---|---|---|---|---|
|A
AT
1 TMAR
H||||||||
|||||2022||2021||
||||Notes|6|||5|
|CASHFLOWS FROM||||||||
|OPERATING ACTIVITIES||||||||
|Cash generated
from operalions|||21||1,382,188||89,196|
|INVESTING|ACTIVITIES|||||||
|Purchase oftangible fixed||assets||(1,731,093)||(372,144)||
|Disposal of|tangible fixed assets|||||||
|Investment|income received|||104,644||81,913||
|NET CASH|(USED IN)||||(1,626,449)||(290,231)|
|INVESTING|ACTIVITIES|||||||
|NET CASH|USED IN|||||||
|FINANCING|ACTIVITIES|||||||
|CHANGEIN|CASH||||(244,291)||(201,035)|
|AND CASH|EQUIVALENTS|||||||
|CASH AND|CASH EQUIVALENTS|||||||
|AT BEGINNING OF YEAR|||||5,118,398||5,319,433|
|CASH AND|CASH EQUIVALENTS|||||||
|AT END OF YEAR|||||4.81418||8,118,388|
##
##
##
##
##
##
##
##
##
##
##
##
|Freehold|buildings|1'/0 on cost|
|---|---|---|
|Freehold|land|Not depreciated|
|Fixtures,|fittings and office equipment|15'/o straight
line basis|
|Deities and ornaments||2'/0 on cost|
|Gold||Not depreciated|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONA|TI|ON|S
AND LEG|A|CIES|||
|---|---|---|---|---|---|---|---|
||||||||2021|
|||||||2022|(re-stated)|
|||||||8|E|
|na|i ns and Le eci|||-|Unresbicted|||
|General||Donations||||1,726,378|745,788|
|Legacies||Receivable||||3,454|113,000|
|Covenanted|||Donations|||48,430|50,302|
|Project Donations||||||157,227|86,867|
|||||||1,935,489|995,957|
|Grants|Receivable for Core Activities - Restricted|||||||
|Sporting||Equals|||||1,500|
|Sandwell||Breathes||||2 MO||
|||||||2,000|1,500|
|||||||1,937,489|997,457|
|NOTE|5:|||||||
|OTHE|R TRADING AND|||CONTRIBUTING ACTIVITIES||||
||||||||2021|
|||||||2022
6|(re-stated)f|
|Youth|Camp|||||1,000||
|Commu|nit|y|Hall & Cultural||Income|42,046|2,826|
|Sponso|rsh|ip|Contributions||(Laddu etc)|289,401|66,572|
|||||||332,447|69,398|
|NOTE|6:|||||||
|INVE|TMENT INCOME|||||||
||||||||2021|
|||||||2022|(re-stated)|
|||||||6|5|
|Interest|on Deposit Accounts|||||31,984|59,433|
|Rental|Income|||||72,660|22,480|
|||||||104644|81,913|
|NOTE|7'.|||||||
|OTHE|R INCOME|||||||
||||||||2021|
|||||||2022|(re-stated)|
|||||||6|5|
|Corona|viru|s|Job Retention||Scheme||34,310|
||||||||34,310|
##
|Youth Camp|||
|---|---|---|
|Community|Hall & Cultural|Income|
|Sponsorship|Contributions|(Laddu etc)|
##
##
##
##
##
|CHARITABLE EXPE|N|DI|TURE|||
|---|---|---|---|---|---|
||||||2021|
|||||2022f|(re-stated)
6|
|EXPENDITURE ON|CHARITABLE ACTIVITIES|||||
|Priests' Salaries, NIC|and||Pensions|360,410|326,806|
|Statutory Visa and Permit|||Fees|24,020|4,813|
|Youth Expenses||||441|600|
|Temple Consumables||||194,442|99,240|
|Special Events||||24,007|12,920|
|Cultural
Programme|Expenses|||1,400||
|General Charitable
Expenses|||||4,874|
|Depreciation||||136,110|116,226|
|||||740,830|565,479|
|SUPPORT COSTS||||||
|Staff Salaries, NIC and||Pensions||110,248|103,262|
|Printing
and Stationery||||4,967|3,324|
|Postage and Carriage||||4,766|10,535|
|Telephone. and Fax||||7,752|7,977|
|Equipment
Maintenance||||7,022|4,925|
|Bank Charges and Interest||||19,207|10,367|
|Rates and Water||||9,961|8,157|
|Cleaning
and Refuse|Collection|||18,644|9,560|
|Light and Heat||||71,205|49,048|
|Site Maintenance,
Repairs and Security||||97,185|120,386|
|Insurance||||14,874|13,122|
|Equipment
and Marquee|||Hire|48,818|19,042|
|Depreciation||||34,027|29,057|
|||||448,676|388,762|
|GOVERNANCE
COSTS||||||
|Audit and Accountancy||Fees||16,317|16,001|
|Legal and Professional Fees||||66,682|62,815|
|Consultancy
Fees||||5,064|5,724|
|||||88,063|84,540|
|||||1,277,569|1,038,781|
##
##
##
##
##
|5TTAFF
OS|TS|||||
|---|---|---|---|---|---|
||||||2021|
|||||2022
6|(re-stated)f|
|Wages and salaries||||432,164|396,129|
|Social security costs||||30,511|25,338|
|Other pension costs||||5983|8,601|
|||||470,658|430,068|
|The average|monthly|number ofemployees|during the year was as follows.|||
|Management|and administration|||8|8|
|Charity staff||||20|19|
|||||28|27|
##
##
##
##
##
##
##
##
||||||2021|
|---|---|---|---|---|---|
||||||Total|
||||Unrestricted|Restricted|funds|
||||funds|funds|(re-stated)|
||||6|6||
|INCOME AND ENDOWMENTS||FROM||||
|Donations
and legacies|||882,957|114,500|997,457|
|Other trading
activities|||69,398||69,398|
|Investment
income|||81,913||81,913|
|Other income|||34,310||34,310|
|Total income|||1,068,578|114,500|1,183,078|
|EXPENDITURE ON||||||
|Charitable
activities||||||
|Charitable
expenditure|||1,029,809|8,972|1,038,781|
|Total expenditure|||1,029,809|8,972|1,038,781|
|NET INCOME|||38,769|105,528|144,297|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||16,735,491|780,401|17,515,892|
|TOTAL FUNDS CARRIED FORWARD|||16,774,260|885,929|17,660,189|
##
##
|||||||||Fixtures|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Freehold||Gandhi|Fittings 8|||||||
||||||Land 8,||Peace|Office||Deities 8|||||
||||||Buildings||Centre|Equipment||Ornaments|Gold|||Total|
|||||||8|6|5||6|6|||6|
|COST|||||||||||||||
|As at 1stApril||2021 (re-stated)|||12,302,948||747,454|871,505||123,186|8,778|||14,053,871|
|Additions|||||1,623,889|||78,717||28,487||||1,731,093|
|Disposals|||||||||||||||
|As at 31st|March||2022||13,926,837||747,454|950,222||151,673|8778|||18784864|
|DEPRECIATION|||||||||||||||
|As at 1st April||2021 (re-stated)|||1,002,353||22,416|648,671||24,983||||1,698,423|
|Charge for|the|Year|||134,071||7,472|25,561||3,033||||170,137|
|As at 31st|March||2022||1,136.424||29,888|674.232||28,016||||1,868,560|
|NET BOOK VALUE|||||||||||||||
|As at 31st|March||2022||12,790,413||717,566|275,990|.|123,657|8,778|||13,916,404|
|As at 31st|March||2021||11,300,595||725,038|222,834||98,203|8,778||-|12,355,448|
|(re-stated)|||||||||||||||
|NOTE 15.'|||||||||||||||
|DEBTOR|' AM||NTS|FALLING DUE||WITHIN|ONE YEAR||||||||
|||||||||||||||2021|
|||||||||||||2022||(re-stated)|
|||||||||||||6||6|
|Gift Aid Recoverable|||||||||||15,872|||18,207|
|Other Debtors|||||||||||3,904|||38,647|
|Prepaid Expenses|||and Accrued Income||||||||48,880|||192,441|
||||||||||||68,656|||249,295|
|NOTE 16:|||||||||||||||
|DEBTORS|AMOUNTS|||FALLING DUE||AFTER|MORE THAN|ONE YEAR|||||||
|||||||||||||||2021|
|||||||||||||2022||(re-stated)|
|||||||||||||6||5|
|Loan - Tividale
Tirupathi
Provision
against loan||||Balaji Temple|||||||168,274
~768274||168,274
~7.68,274||
##
##
##
##
||||||||||2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022f|(re-stated)f|
|Trade Creditors|||||||13,873||37,939|
|Accrued Expenses and Deferred Income|||||||30,912||14,061|
|Taxation and Social Security||||||||7,069|6,564|
|Other Creditors|||||||50,113||4,388|
||||||||101,967||62,952|
|NOTE 17:||||||||||
|ANALYSIS OF NET ASSETS BETWEEN F||NDS||||||||
||||||||||2022|
|||||||Unrestricted|Restricted||Total|
|||||||fundsf||funds|fundsf|
|Tangible
Fixed Assets||||||13,198,838|717,566||13,916,404|
|Current Assets
Current
Liabilities||||||4,815,418
101,967
17,912,289|127,345
844,911||4,942,763
~181,88
18,757,200|
|NOTE 18:||||||||||
|MOVEMENT
IN FUNDS||||||||||
||At 1stApril|||||Transfers||||
||2021||Incoming||Resources|Between|Gains|and|At 31st March|
||(re-stated)
f||Resources
f||Expended
f|Fundsf|Losses
f||2022f|
|Unrestricted
Funds||||||||||
|General
Fund|16,774,260||2,369,126||1,268,097|37,000|||17,912,289|
|Restricted Funds||||||||||
|Gandhi Peace Centre Fund|772,929||||7,472||||765,457|
|Yaga Sala Fund|113,000|||3,454||(37,000)|||79,454|
|Sandwell
Breathes Fund||||2,000|2,000|||||
|TOTAL FUNDS|17,660,189||2,374,580||1,277,569||||18,787,2811|
##
##
##
##
|Comparatives
for move|ment|s
in funds||||||
|---|---|---|---|---|---|---|---|
|||At 1st April|||Transfers||At 31stMarch|
|||2020|Incoming|Resources|Between|Gains and|2021|
|||(re-stated)
f|Resources|Expended
f|Funds
f|Losses
f|(re-stated)
f|
|Unrestricted
Funds||||||||
|General
Fund||16,735,491|1,068,578|1,029,809|||16,774,260|
|Restricted
Funds||||||||
|Gandhi Peace Centre Fund||780,401||7,472|||772,929|
|Sporting Equals Fund|||1,500|1,500||||
|Yaga Sale Fund|||113,000||||113,000|
|TOTAL FUNDS||17,515,892|1,183,078|1,038,781|||17,660,189|
|A current year 12months|and|prior years 12months
combined||position is as follows.||||
|||At 1st April|||Transfers|||
|||2020|Incoming|Resources|Between|Gains and|At 31stMarch|
|||(re-stated)
f|Resources
f|Expended
f|Fundsf|Losses
f|2022
f|
|Unrestricted
Funds||||||||
|General
Fund||16,735,491|3,437,704|2,297,906|37,000||17,912,289|
|Restricted
Funds||||||||
|Gandhi Peace Centre Fund||780,401||14,944|||765,457|
|Sporting Equals Fund|||1,500|1,500||||
|.Yaga Sale Fund|||116,454||(37,000)||79,454|
|Sandwell
Breathes Fund|||2,000|2,000||||
|TOTAL FUNDS||17,515,892|3,555,658|2,314,350|||18,757,200|
##
##
##
##
##
##
##
##
##
##
||||||||2021|
|---|---|---|---|---|---|---|---|
|||||||2022.|(re-stated)|
|||||||6||
|Net income|forthe|reporting
period (as per the Statement|||of Financial Activities)|1,097,011|144,297|
|Adjustments|for:|||||||
|Investment|income|recognised||in income and expenditure||(104,644)|(81,913)|
|Depreciation||||||170,137|145,283|
|Movements|in working||capital:|||||
|Decrease/(increase)||in|debtors|||180,639|(129,334)|
|Increase/(decrease)||in|creditors|||39,015|10,863|
|Cash generated
from|||operations|||1,382,158|89,196|
||||||Page 29|||
##
##
##
|NOTE 22:|||||||
|---|---|---|---|---|---|---|
|ANALYSIS OF CHANGES||IN NET FUNDS|||||
||||At 1st April||||
||||2021|||At 31stMarch|
||||(re-stated)
2|Cash
f|flow|2022
2|
|Net cash|||||||
|Cash at bank and|in hand||5118285|244281||4824181|
||||452$2$8|2|aa1|4sr418r|
##