##
|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|||
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|||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|||||
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|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|||