2022-12-31-accounts

The trustees present their report with financial statements ofthe charity for Ihe year ended	The trustees present their report with financial statements ofthe charity for Ihe year ended	31 December	2022.The	2022.The
trustees have adapted the provisions ofthe Statements of Recommended Practice (SORP) 'Accounting			and Reporting
by Chariiliss' Issued in March 2008.
Structure overnance and mana ament
Governing document Tha charily is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Recruitment and appointment ofnsw trustees
The power ofappointing new trustees ofthe charily shall be vested in the trustees but in the event that there shell be no trustees the power ofappointment new trusteed shall be vested in whoever shall at that time be ihe
secretary of Sri Chsitanya Saraswat Math in India. The new trustee or new trustees or new hereof may be appointed at any time but so that	the total number of
truslees shall not fall below three and at no time exceed seven.
Related Parties
The trustees MR D Ewins and Ms EA Clilford are also trustees ofSri Chaitanya Saraswat		Math, a charitable
Company and is doseiy connected to Sri Chaitanya Saraswat Charilable Trust. Included under creditors K6,615 amount dus to Ths Sri Chaitanya Saraswst Math. There		are no specific
repayments terms for this amount.
Risk Management
The hostess have duty to identify and review the risks to which the charity is exposed and		lo ensure appropriate
controls are In place to provide reasonable assurance against fraud and error.
Ob]ectlvss and Aims
To advance the Hindu faith generally and in particular by the promotion oftha philosophy		ofthe Gaudlya
Sarsswata School ofHinduism. To advance ihe education ofihe public in the teachings	ofthe Gaudiya
Saraswata School ofHinduism to relieve poverly generally, and particularly by distribution		offood to protect
health and relieve sickness and to assist in the protection of health and relief ofsickness		particularly for	the
benefit ofthose people who have suffered from drug cralcohol dependency.
Volunteers
The trustees are very grateful io Ihe volunteers who helped by carrying cut fund. raising on our behalf. Many
volunteers give up their time to help, particularly atweekends and in the evenings and we are greatly indebted Ihe volunteem for their commitment and support, The staff deserves credit and praise for their skill and				to
enthusiastic efforts to provide a successful service to a growing range ofdonors. The trustees are very grateful
to the general public for their immense support and are actively seeking volunteers from	the focal communily,
especially the youth.
Ac le e and erfc s ce
charitable Activities
The main charitable activily is advancement ofeducation and relief of poverty, followed by advancement			of
health and religion.
Financial review
Reserves Policy The trustees have maintained the reserves ata level soas to fulfil the charities obtectlves		to play agreater rale		in the
advancement ofreligious activities, food distribution and religious educational programmes. This provides sufficient
funds to cover the donations and support costs.
On behalf ofthe trustees
S		Date

		Unrestricted	unde	Restricted	funds
		2022f	2021f	2022f	2021
Incoming resources		36,838	15,837		10,977
Direct expenses		(8,931)	(7,497)
Gross incoming	resource	27,907	8,340		10,977
Administrative expenses		(12,316)	(11,146)
Operating profit		15,591	(2,806)		10,977
Interest receivable
Met incoming resources for the financial year		15,597	~2,8DB)		10,977

	Notes		2022		2,021
			6
Fixed assets
Tangible assets			428,014		424,394
Current assets
Cash at bank and in hand		23,693		11,716
		23,693		11,716
Net current	assets		23,693		11,716
Net assets			451,?07		436,110
Capital and	reserves
Unrestricted fund Restricted fund Revaluation ofproperty			150,157 301,550		120,991 13,569 301,550
Trust funds			451,707		436,110
R Beta
Trustee
Approved on	behalf oftrustees on 12June 2023

Tangible fixed assets
		Fixtures, fitti
	Land and	ngs&equip
	buildings	ments	Total
	5	F	5
Cost
At 1 January 2022	418,534	52,703	471,237
Additions		5,493	5,493
At 31 December 2022	418,534	58,196	476,730
Depreciation
At 1 January 2022		46,843	46,843
Charge for the year		1,873	1,873
At 31 December 2022		48,716	48,716
Net book value
At 31 December 2022	418,534	9,480	428,014
At 31 December 2021	418,534	5,860	424,394

3	Unrestricted funds	Unrestricted funds	2,022	2021
			5
	At the start ofthe	financial year	120,991	123,797
	Net incoming resources forthe financial year		15,597	(2,806)
	Merged with unrestricted fund		13,569
	At the end ofthe	financial year	150,157	120,991
4	Restricted funds		2,022	2021
				5
	At the start ofthe	financial year	13,569	6,992
	Merged with unrestricted fund		(13,569)	10,977
	Used for building	extension		(4,400)
	At the end ofthe	financial year		13,569

		Unrestricted	funds	Restdcted funds
		2022	2021	2022	2021
			6	6	6
Sales
Donations received		36,838	15,837		10,977
Cost ofsales
Food distribution		4,568	3,339
Flowers, deity worship		3,165	3,277
Devotees allowances		1,198	881
		8,931	7,497
Premises costs:
Council tax and water		1,787	2,247
Light and heat		3,945	3,670
		5,732	5,917
General administrative	expenses:
Telephone and internet		620	607
Stationery and printing		176	53
Bank charges		119	7
Insurance		1,228	1,072
Repairs and maintenance		2,555	2,332
Depreciation		1,873	1,158
		6,571	5,229
Legal and professional	costs:
Other legal and professional		13
		13
Total administrative	expenses	12,316	11,146