| FINANCIAL STATEMENTS FOR THE | ||
|---|---|---|
| YEAR ENDED 31STDECEMBER 2022 | ||
| CONTENTS | ||
| ~Pa e | ||
| Charity | information | |
| Trustees | Report | 3-5 |
| Independent Examiner's |
Report | |
| Statement of Financial | Activities | |
| Balance | Sheet | |
| Notes to the accounts | 9-14 |
| Management | Management | Committee | ||||||
|---|---|---|---|---|---|---|---|---|
| President | Ramanbhai C Barber, |
MBE,DL | ||||||
| Vice President | Anilbhai Chauhan |
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| Secretary | lllaben Majithia |
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| Assistant | Secretary | Bipinbhai Parmar |
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| Treasurer | Prabhaben Pankhania |
( | Interim) | |||||
| Assistant | Treasurer | Daxbhai Kandoi |
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| Funding | Officer | Nareshbhai Vaghela |
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| Committee | Members | |||||||
| Ushmaben | Kotecha | Mahendrabhai Makwana |
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| Naliniben | Mandalia | Prakashbhai Rathod |
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| Prafulbhai | Patel | Rajubhai Solanki |
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| Darsheetbhai | Chauhan | Shobhnaben Trivedi |
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| Co-opted Member | ||||||||
| Suryakantbhai Chauhan |
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| Ashokbhai Patel |
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| Jaswantbhai Joshi |
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| Holding | Trustees | Jivanbhai C Patel |
Chairman | |||||
| Jashvantlal R Chauhan, |
OBE | Secretary | ||||||
| Chandubhai Tank |
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| Late Kantilalbhai Chudasama |
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| Mbhootiben Acharya |
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| Charity | Number | 500704 | ||||||
| Charity | Offices | 84 Weymouth Street |
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| Leicester | ||||||||
| LE4 6FQ | ||||||||
| Independent | Examiner | K G Solanki &Co. | ||||||
| Chartered Accountants |
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| Hamilton House |
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| 315St Saviours Road | ||||||||
| Leicester | ||||||||
| LE54HG | ||||||||
| Bankers | National Westminster |
Bank pic |
| Notes | Designated | Llnrestrlcted | Total | |||
|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS | FROM | Unrestricted | 2022 | 2021 | ||
| F | ||||||
| Donations and legacies |
92,024 | 92,024 | 64,320 | |||
| Grants received | 13,392 | 139392 | 78,478 | |||
| Charitable activities |
9,905 | 9,905 | 5,165 | |||
| Fund raising ventures | 133,947 | 133,947 | 119,059 | |||
| Income from investments | 596 | 596 | 26 | |||
| Other incoming Resources |
41,960 | 41,960 | 54,257 | |||
| Total income | 291,824 | 291,824 | 321,305 | |||
| EXPENDITURE ON | ||||||
| Direct charitable expenditure |
8-10 | 91,772 | 91,772 | 46,398 | ||
| Governance costs |
12,320 | 12,320 | 5,108 | |||
| Other Expenditure | 11-12 | 233,488 | 233,488 | 227,394 | ||
| Total expenditure | 337,580 | 337,580 | 278,900 | |||
| NET MOVEMENT IN FUNDS FOR THE YEAR |
45,756 | 45756 | 42,405 | |||
| (45,756) | (45,756) | 42,405 | ||||
| TOTAL FUNDS BROUGHT FORWARD | 124,400 | 3,677,366 | 3,801,766 | 3,759,361 | ||
| TRANSFER TO MINIBUS REPLACEMENT RESERVE | ||||||
| TRANSFER TO PROPERTY MAINTENANCE | RESERVE | |||||
| TOTAL FUNDS CARRIED FORWARD | 124,400 | 3,631,610 | 3,756,010 | 3,801,766 |
| BALANCE | SHEET AT 31STDECEM | BER 2022 | ||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| FIXEDASSETS | NOTES | f. | ||||
| Tangible Fixed Assets - Unrestricted |
15 | 3,327,320 | 3,332,260 | |||
| CURRENT ASSETS | ||||||
| Debtors 8 prepayments | 16 | |||||
| Cash at bank and in |
hand | 17 | 476,500 | 506,834 | ||
| 476,500 | 506,834 | |||||
| Creditors: amounts | falling due | |||||
| within one year | 18 | 22,810 | 12,328 | |||
| 22,810 | 12,328 | |||||
| NET CURRENT ASSETS | 453,690 | 494,506 | ||||
| TOTALASSETS | 3,781,010 | 3,826,766 | ||||
| Represented by: |
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| CAPITAL | ||||||
| Restricted funds |
19 | 25,000 | 25,000 | |||
| Designated Unrestricted |
funds | 20 | 124,400 | 124,400 | ||
| Unrestricted funds |
20 | 3,631,610 | 3,756,010 | 3,677,366 | ||
| 3,781,010 | 3,826,766 |
| Freehold | land and buildings | Nil | ||
|---|---|---|---|---|
| Fixtures | and equipment | 15'/o | on reducing | balance basis |
| Minibus | 25'/o | on straight | line basis |
| Designated | Linrestricted | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|---|
| 4.Charitable | Trading | Unrestricted | |||||
| Funds | Funds | Total | Total | ||||
| E | E | ||||||
| Advertising income- |
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| Panchang/Sanatan Sandesh |
advertising | 9,905 | 9,905 | 5,165 | |||
| 9,905 | 9,905 | 5,165 | |||||
| 5.Fund raising ventures | |||||||
| Festival income and other activities | 49,406 | 49,406 | 28,548 | ||||
| Smriti Din | 755 | 755 | 624 | ||||
| 50,161 | 50,161 | 29,172 | |||||
| Manavta Day Care Centre income: |
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| HMRC JRS Grant | 50,384 | ||||||
| Leicester | City Council Social Care gran | 4,364 | 4,364 | ||||
| Leicester | City Council Covid grant | 27,358 | |||||
| Users' contribution | 79,423 | 79,423 | 12,145 | ||||
| 83,787 | 83,787 | 89,887 | |||||
| Total | 133,947 | 133,947 | 119,059 | ||||
| 6.Income from Investment | |||||||
| Bank interest | receivable | 596 | 596 | 26 | |||
| 7.Other Incoming resources | F | ||||||
| Hall hire | Temple | 35,531 | 35,531 | 17,823 | |||
| Centre | 5,180 | 5,180 | 35,837 | ||||
| Membership | fees | ||||||
| Ordinary | 688 | 688 | 36 | ||||
| Life members | 561 | 561 | 561 | ||||
| 41,960 | 41,960 | 54,257 | |||||
| 8.Direct Charitable expenditure |
E | E | |||||
| Premises insurance and utility expenses |
73,059 | 73,059 | 34,499 | ||||
| Donations made |
500 | 500 | 3,101 | ||||
| Fund-raising | venture expenses | ||||||
| Note 9 | 11,863 | 11,863 | 849 | ||||
| Other expenses- Note 10 |
6,350 | 6,350 | 7,949 | ||||
| 91,772 | 91,772 | 46,398 | |||||
| 9.Fund-raising venture |
expenditure | E | E | ||||
| Festival expenses | 11,863 | 11,863 | 799 | ||||
| Subscriptions | and affiliation fees | 50 | |||||
| 11,863 | 11,863 |
| ENDED 31S | TDECEMBER | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | 2022 | 2021 | |||||
| 10.Charitable Trading expenditure |
Funds | Funds | Total | Total | ||||
| Panchang/Sanatan | Sandesh | o,doo | v,Boo | T,eHe | ||||
| 6,350 | 6,350 | 7,949 | ||||||
| 11.Other Expenditure | ||||||||
| Unrestricted: | ||||||||
| Salaries | 80,057 | 80,057 | 69,818 | |||||
| Telephone, printing, | postage 8 stationery | 1,329 | 1,329 | 1,400 | ||||
| Depreciation | 4,940 | 4,940 | 8,560 | |||||
| Bank charges | 560 | 560 | 438 | |||||
| Sanatan Community Note |
&Leisure expenses 13 |
18,534 | ||||||
| Manavta Day |
Care | Centre expenses | ||||||
| Note | 12 | 146,602 | 146,602 | 128,644 | ||||
| 233,488 | 233,488 | 227,394 | ||||||
| Governance | Costs | |||||||
| Independent | examiner | fees | ||||||
| Mandir | 1,482 | 1,482 | 930 | |||||
| Manavta Day |
Care | Centre | 1,291 | 1,291 | 600 | |||
| Legal &Professional | fees | 8,897 | 8,897 | 2,928 | ||||
| Trustee indemnity |
cover | 650 | 650 | 650 | ||||
| 12,320 | 12,320 | 5,108 | ||||||
| 12.Manavta Day Care Centre |
Expenditure | |||||||
| Salaries | 97,581 | 97,581 | 79,028 | |||||
| Premises expenses | 22,527 | 22,527 | 38,511 | |||||
| Catering &volunteers |
expenses | 12,696 | 12,696 | 4,460 | ||||
| Minibus expenses | 5,840 | 5,840 | 2,318 | |||||
| Cleaning | 5,636 | 5,636 | 2,569 | |||||
| Administration | 2,322 | 2,322 | 1,758 | |||||
| 146,602 | 146,602 | 128,644 |
| SHREE SANATAN | SHREE SANATAN | MANDIR &COMM | MANDIR &COMM | NITY | CENTRE | CENTRE | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| NOTES | TO ACCOUNTS FOR | THE | ||||||||
| YEAR ENDED 31STDECEMBER 2022 | ||||||||||
| Restricted | Unrestricted | 2022 | 2021 | |||||||
| Funds | Funds | Total | Total | |||||||
| 13.Sanatan Community &Leisure Centre expenses |
E | |||||||||
| Premises expenses Activity expenses |
4,245 t 1,2os |
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| Professional fees |
3,000 | |||||||||
| 18,534 | ||||||||||
| 14.Employee Emoluments |
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| The staff costs were: | ||||||||||
| 2022 | 2021 | |||||||||
| Wages &salaries | 169,079 | 141,641 | ||||||||
| Social security costs | 2,549 | 2,549 | ||||||||
| Pension costs | 6,010 | 4,657 | ||||||||
| 177,638 | 148,847 | |||||||||
| Average number |
ofemployees | 14 | ||||||||
| 15.FIXEDASSETS | ||||||||||
| UNRESTRICTED | Freehold | Deities | Fixtures | & | Minibus | Total | ||||
| land & | bldgs | equipment f |
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| Cost | ||||||||||
| At 1stJanuary 2022 | 3,283,274 | 16,054 | 254,325 | 11,000 | 3,564,653 | |||||
| Additions | ||||||||||
| At 31stDecember | 2022 | 3,283,274 | 16,054 | 254,325 | 11,000 | 3,564,653 | ||||
| Depreciation | ||||||||||
| At 1stJanuary 2022 | 221,394 | 10,999 | 232,393 | |||||||
| Provided in the year |
4,940 | 4,940 | ||||||||
| At 31stDecember | 2022 | 226,334 | 10,999 | 237,333 | ||||||
| Net book value | ||||||||||
| At 31st December | 2022 | 3,283,274 | 16,054 | 27,991 | 1 | 3,327,320 | ||||
| At 1stJanuary 2022 | 3,283,274 | 16,054 | 32,931 | 1 | 3,332,260 |
| 17.CASH AT BANK | AND | IN HAND | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cash at | bank | - Mandir - | Natwest | 161,420 | 130,382 | |||||
| Cash at | bank | - Mandir - | Natwest - |
Property | Maintenace | Reserve | 100,000 | 100,000 | ||
| Cash at | bank | —Sanatan | Community | &Leisure Centre | —Natwest | 43,348 | 42,383 | |||
| Cash at | bank | - Manavta | Day Care | Centre | - Natwest | 130,027 | ||||
| Cash at | bank | - Manavta | Day Care | Centre | - Natwest | Reserve account | 16.067 | 209,640 | ||
| Cash at | bank | - Manavta | Day Care | Centre | —Natwest | - | Designated | fund | 24,400 | 24,400 |
| Cash in | hand | - Mandir | 1,229 | 24 | ||||||
| Cash in | hand | —Manavta | Day Care | Centre | 9 | 5 | ||||
| 476,500 | 506,834 | |||||||||
| 18.CREDITORS: amounts falling due within |
one year | |||||||||
| Donations collected |
for relief | for any natural calamities |
4,051 | 4,051 | ||||||
| Accruals & prepaid |
income | 18,759 22,810 |
8,277 12,328 |
| APITAL | - RESTRICTED FUND | Other | |
|---|---|---|---|
| Restricted | Total | ||
| Funds | |||
| Balance | at 1stJanuary 2022 | 25,000 | 26,000 |
| Donation | received | ||
| Balance | at 31stDecember 2022 | 25,000 | 25,000 |
| APITAL - UNRESTRICTED FUND | APITAL - UNRESTRICTED FUND | APITAL - UNRESTRICTED FUND | Total | Other | Other | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Man avta | Property | ||||||||||
| Minibus | Maintenance | ||||||||||
| reserve | Reserve | Designated | Unrestricted | ||||||||
| E | E | F | F | ||||||||
| Balance at 1stJanuary 2022 | 24,400 | 100,000 | 124,400 | 3,677,366 | |||||||
| Net surplus | (45,756) | ||||||||||
| Transfer to designated minibus |
reserve | ||||||||||
| Transfer to property maintenance |
reserve | ||||||||||
| Balance at 31st December 2022 | 24,400 | 100,000 | 124,400 | 3,631,610 | |||||||
| RANSACTIONS WITH RELATED |
PARTIES | ||||||||||
| Apart from the following trustees/management |
committee | no payments | were made | to any other trustees | or | ||||||
| management committee during |
the | year (2021 | - f1,440) | ||||||||
| 2022 | 2021 | ||||||||||
| Honorarium paid to |
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| Vibhooti Acharya ( President |
) | 720 | |||||||||
| Kunal Nagar ( committee |
member | ) | 720 | ||||||||
| Total | 1,440 |