REGISTERED CHARITY NUMBER: 502515
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
FOR
SHREE GUJARATI HINDU SATSANG MANDAL

SHREE GUJARATI HINDU SATSANG MANDAL
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
Page
Report of the Trustees
Independent Examiner's Report
ststement of Financial Activities
Balanee Sheet
9 to 10
Notes lo the Flnancial Stalements
11 to 17
Detailed Statement of Financial A¢tivitie5
18 to 19

SHREE GUJARATI HtNDU SATSANG MANDAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
The trustees present their report with the financial statements of the charity for the year endcd 31 st December 2023. The
trustees have adopted the provisions of Accounting and Reporting by Chaiitie5.' Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (eff¢ctiv¢ l January 20 I9).
OBJECTIVES AND ACTIVITIES
Objectives 2nd aims
The consti￿tIOnal objectives ielate to the Hindu religion and the Gujarati community in Coventy and surrounding
districts. The objectives are to Promote the religion, maintain a place of worship, provide religious services and language
classes and encourage the religious, cultural and intellectual advancement of persons of the Hindu faith.
The management committee and the holding trustees have considered the Charity Commission's guidance on public
benefit and, in particular, the specific guidance given on charities and the advancement of religion. The work of the
temple gives rise to public benefit by enabling ordinary people to live out their Hindu faith as part of the community
through:
A) The maintenance of a place of Hindu worship with the services of a priest who is tasked to serve the deities and meet
the spiritual and religious needs of devotees.
B) The provision of resources for the teaching of the Hindu scriptures and developing theiT Hindu faith.
C) The provision of pastoral care lor the congregation and local people.
Volunteers
The Charity required approximately 15,000 hours of volunteevs efforts in the yeaT to cany out its obligations
particularly in the areas of maintenance, preparation and management of festivals, events, catering and administration.
It is difficult to attribute an economic value to this contribution that the volunteers make of their time but il is crucial to
the basic function of the Charity. The committee ensures that best value is derived from the efforts of the volunteers.
Page I

SHREE GUJARATI HINDU SATSANG MANDAL
REPORT OF THF TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Promote th¢ Hindu Reli ion
The organisation planned, promoted and provided Hindu religious services and activities to celebrate a range of festivals
and other cultLwal events appropriate for the Gujarati community in Coventy.
Maintain lace of Worshi
The organisation monitored, managed and maintained the Temple and its complex of community buildings at Harnall
Lane West. The age of the building results in the building requiring. regulaT attention. greater involvement of
profrssional help. developtnent of projects with fimd raising aspects. greater consideration of health and safety issues.
Provide Reli
ous Services
The organisation provided.. three r¢ligious services per day throughout the year, provided Hindu and registry wedding
services, organised monthly activities Suitable for Hindu young people, facilitatcd and welcomed school and other
organisational visits. Such visits have been limited due to building work being Ca￿led out but will continue once work is
complete.
Provide lan
la55es
The organisation supported its Gujarati school, (operated in house). The school provides lessons to learn the Gujarali
language. Students are taught to understand better their cultural traditions, background and customs of the community.
Lessons are held on Friday evening under the supervision of teachers. Such lessons continue to be limited due to
building work being carried out.
Encourd
e th¢ reli
ous cultural and intellectual advancement of
sons of the Hindu faith
All major religious festivals are celebrated. the Temple priest offers brief commentary on Hindu aspects weekly and at
times of festivals. The Temple hosts Spiri￿al speakers and guides.
Devotional Grou
The charity extend their support and work togeth¢r with the Bhajan Mandal and Mela Mandal devotional, spirittml and
religious groups which continue to meet regularly to promote faith and culture.
Charitable activities
The policy of arranging for local schools to organise visits to the Temple has continued (subject to building WO￿ being
carried out) and the Temple making small donations of gifts andlor support of good causes has continued.
We are, therefore, happy to report that we have achieved our objectives this year.
We can confimi that the activities of the Charity provide a public benefit to those who worship at our Temple and the
local community. The primary me&8ure of success or failure of these activities is the number of people making use of
the Temple and the services it provides. We have seen some in¢re&se in the numb¢r of people attending the Temple.
The number of people making use of the sports hall has not Significantly changed.
Issue5 outstandin
from last
ear5 re
A) Temple refurbishment:
Continue the execution of the nine-stsge plan subject to fees.
B) Religious and Social Activities..
Page 2

SHREE GUJARATI HINDU SATSANG MANDAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
The charity must continue to plan, host and arrange new or improved religious and social events in order to generate
irnproved levels of income to the general fund. Those tsnds can then be applied to the refurbishment work when
necessary.
C) Identify and recruit a longer tern] executive conunittee enabling long terni plan5 to be initiated and followed through.
Other matters arisin durin the
A): Temple Refurbislllnent..
The building extension and refurbishment program continued and the work is in the late stages of the niT]e-stage plan.
The program was held up this year when issues with the work in the kitchen were identified and required investigyation.
B) Religious and Social Activities..
In this year the temple continued to engage in planning, hosting and arranging improved religiou5 and Social events and
generafr improved levels of income to the general fund as more people attended the t¢rnple. In particular some cultural
drama presentations were n￿de.
C) Progress was made in recrniting a longer terni executive committee.
D} The new committee that acted from 21 May 2023 experienced significant challenges in the day to day numiT]g of the
charitys financials from previous trustees and inherited a very limited cash flow.
For th¢ future the following issues need to be addressed:
A) Templ¢ refurbislunent..
Continue the execution of the nine-stage plan subject to fees.
B) Religious and Social Activitie5'.
The charity must continue to plan. host and awdnge new or improved religious and social events in order to generate
improved levels of income to th¢ general fund. Those fimds can then be applied to the refurbishment work when
llecessary.
C) Continue to identify and recruit a longeT tenn executive committee members and develop longer terni planning.
FINANCIAL REVIEW
Reserves policy
Over and above the Restricted Funds, it is the policy of the Charity to maintain unrestricted reserves not committed or
invested in tangible assets, which are the free reserve5 of the Charity, at a level, which equates to approximately three
years unrestricted expendiNre. This should provide sufficient funds to cover operational Costs of the current activities of
the Charlty in the event of a significant decline in donations income. The period would then give sufficient time to
consider how the funding would be replaced or the activities changed.
In addition, the unrestricted reserves also need to be available to fimd future work anticipated on the Temple and any
other planned capital expenditure should the Charity be required to do so within a short tinlescale. The target levels for
free reserves have therefore not been achicved. For the foreseeable future, net incoming resources will be accumulated,
subject to the capital expenditure planned. until the target levels are achieved.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity was established in 1973 and 15 governed under the rules laid down in its Constitution of1973 as amended
on 24th November l991, 17th April 1994, 5th July 2012, 12th June 2016 and 23rd November 2019.
Page 3

SHREE GUJARATI HINDU SATSANG MANDAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
Charity and Holding Trustees of SGHSM are elected by members using a democratic electoral system and serve a terni
of two and four years respectively. New trustees do not receive fornial training but are guided in their duties by the
existing tn￿tees.
The Executive Committee (Charity Trustees) of SGHSM meet fortnightly (and ad hoc when required) to consider the
proper running of the Trust and its activities. There are time limited sub-committees which deal with specific issues and
matters as directed by the Executive Committee. Those sub-groups report to the Executive Committee, which then
considers their recommendations.
The Holding Trustees of SGHSM are responsible and entrusted by the membership to be the signatories and keep safe
custody of the Deeds of the freehold land of the Trust as its fixed asset. They meet the officers of the Charity for regular
briefings and when n¢c¢ssary m¢et the Executive Committee by invitation.
REFERENCE AND ADMINISTRATIVE DETAII
Registered Charity number
502515
Principal address
Harnall Lane West
Coventry
CVI 4EZ
Page 4

SHREE GUJARATI HINDU SATSANG MANDAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Truslees
President
Hitesh Mehta (appointed 21.05.2023)
Ranchhod Chauhan (resigned 21.05.2023)
Vice President
Rajesh Parekh (appointed 21.05.2023)
Arjunsinh Kosambia (resigned 21.05.2023)
Secretary
Hitesh Mehta (resigned 21.05.2023)
Nalin Pankhania (appointed 21.05.2023, resigned 02.04.2024)
Assistant Secretary
Shailesh Patel (appointed 21.05.2023)
Alpa Charan {appointed 21.05.2023)
Va5anti Chauhan (resigned 21.05.2023)
Acting Treasurer
Ashwin Rathod(appointed 21.05.2023)
Indravadan Damania (resigned 21.05.2023)
Asha Chauhan (appoint¢d 21.05.2023, resigned 29.10.2023)
2nd Assistant Treasurer
Kantilal Patel (resigned 21.05.2023)
Jaswant Chauhan (appointed 21.05.2023, resI￿ed 07,06,2023)
Management Committee Metnbers
Jasmine Chauhan (appointed 21.05.2023)
Gita Patel (appointed 21.05.2023)
Ashok Bhatti
Dhananjay Soni (appointed 21.05,2023}
Hitash Patel (appointed 21.05.2023)
Va5anti Chauhan (appointed 21.05.2023)
Harish Dhokia (appointed 21.05.2023)
Ramanbhai Misty (resigned 21.05.2023)
Dahyabhai Patel (resigned 21.05.2023)
Amratlal Prajapati (resigned 21.05.2023)
Navnitbhai Pafyl (resigned 21.05.2023)
Dinesh Bhatti (resigned 21.05.2023)
Alka Gandhi (resigned 21.05.2023)
Dhirajlal Bhimji Ghedia (resigned 21.05.2023)
Mohanlal Karasan Vegad (resigned 21.05.2023)
Satya Bhavnagri (appointed 21.05.2023, resigned 14.07.2023)
Holding Tn￿teeS
unsingh Kosambia (appoint¢d 21.05.2023)
Chandrakant Patel (appotnted 21.05.2023)
Raman Mistry (appointed 21.05.2023)
Kumud Rav (appointed 21.05.2023)
Indravadan Damania (appointed 21.05.2023)
Jaswantbhai Chauhan (resigned 21.05.2023)
Satyavan Kotecha (resigned 21.05.2023)
Harish Dhokia (resigned 21.05.2023)
Ranju Popat (resigned 21.05.2023)
Bankers
Lloyds TSB Bank PIC
30 High Street
Coventy
West Midlands
CVI 5RA
Page 5

SHREE GUJARATI HINDU SATSANG MANDAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2023
Approved by order of the board of trustees on 25th October 2024 and signed on its behalf by.,
T￿￿te¢
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
SHREE GUJARATI HINDU SATSANG MANDAL
Independent examiner's report to the trustees of Shree Gujarati Hindu Satsang Mandal
I report to the charity trnstees on my examination of the accounts of Shree Gujarati Hindu Satsang Mandal (the Trnst)
for the year ended 31 st December 2023.
Responsibilities and basis of report
As th¢ charity trustees of the Trust you arc responsible for the preparation of the accounts in accordance with the
r¢quirem¢nts of the Charities Art 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts caTried out under Section 145 of the Act and in carrying out
my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5){b) of
the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirni
that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified
Accountants, which is one of the listed bodies.
I have completed my examination. I confm that no material matters have come to my attention in connection with the
ex￿InatIon giving me cause to believe that in any mafrrial respect:
accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or
the accounts do not accord with those records. or
the accounts do not comply with th¢ applicable requirements concerning the forn and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 oth¢r than any requirement that the accounts give a
true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come acros5 no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
R Pau & Co Limited I Patani Associates Limitrd
PATANI & CO.
25th October 2024
covEKrRY CV6 6FG
TellFax: 024 7C08 4443
AND RKGISTERED AUDITORS
12-16 Station Street Ea51 Coventry CV6 5FJ
Tel.. 024 7666 2955 Fax.. 024 7658 1787
Web.. www.rpau.co.uk Email: info@rpau.co.uk
Page 7

SHREE GUJARATI HINDU SATSANG MANDAL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
fund
Restricted
funds
Not¢s
INCOME AND ENDOWMENTS FROM
Donations and legacies
255,810
303
256,113
247,839
Other activities
Investment income
35,033
2.021
35.033
2,021
49,754
443
Total
292,864
303
293,167
298,036
EXPENDITURE ON
Raising ￿ndS
119,984
119,984
103,799
Other
44,511
44,511
31,676
Total
164,495
164,495
135,475
Net gainsl(losses) on investments
(13,186)
NET INCOME
128,369
303
128,672
149,375
RECONCILIATION OF FUNDS
Total funds brought fonward
1,409,420
128,014
1,537,434
1,388,059
TOTAL FUNDS CARRIED FORWARD
1,537,789
128,317
1,666,106
1,537,434
The notes forni part of these financial statements
Page 8

SHREE GUJARATI HINDU SATSANG MANDAL
BALANCE SHEET
31ST DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
fund
Restricted
nds
Notes
FIXED ASSETS
Tangible assets
1,460,105
1,460,105
1,223,897
CURRENT ASSETS
Debiors
Cash at bank and in hand
38,762
45,837
38,762
174,154
51,366
264,204
128,317
84,599
128,317
212,916
315,570
CREDITORS
Amounts falling due within on¢ year
10
(6,915)
{6,915)
(2,033)
NET CURRENT ASSETS
77,684
128,317
206,001
313,537
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,537,789
128,317
1,666,106
1,537,434
NET ASSETS
1,537,789
128,317
1,666,106
,537,434
The notes fonn part of these fllmncial statements
Page 9
continued..

SHREE CUJARATK HINDU SATSANG MANDAL
BALANCE SHEET- continued
31ST DECEMBER 2023
FUNDS
Unrestricted funds
Restricted ￿ndS..
Property Maintenance fimd
Raj Bhog fund
Shiv Abhishek fvnd
1,537,789
1,409,420
76,201
36,966
15,150
76,201
36,966
14,847
128,317
128,014
TOTAL FUNDS
1,666,106
1,537,434
The financial statements were appToved by the Board of Trustees and authorised for issue on 25th October 2024 and
were signed on its behalf by..
Trustee
Trustee
Trustee
The notes forni part of these fmancial statements
Page 10

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The f￿ancIal statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of
R¢commended Prnctice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Keporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost
convention.
Donation and legacies
All Incoming resources are included OTh the Statement of Financial Activities when the Charity is legally entitled
to the income and the amount can be quatified with reasonable accuracy.
Expenditure
Liabilities are recognised as expendittwe as soon as there is a legal or constructive obligation committing the
harity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditur¢ is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocatsd to activities on a basis consistent with the use of
resources.
Tangible fixed assets
Tangible fixed assets are stated at historical cost less a¢¢umulat¢d depreciation.
Depreciation is provided at the followlng annual rates in order to write off asset over its estimated useful life.
Freehold land and buildings
Lift
Fixtures and fittings
Deities and jewellery
2% oncosl
200/0 on reducing balance
I 00/0 on reducing balance
no depreciation
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with th¢ Charitable objectives at the discretion of the tn￿tees.
Restricted funds can only be used for particular restrtcted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when fi￿ds are raised for particular restricted p￿￿OSe$.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirem¢nt benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
Debtors and creditors receivable I payable within one year
Debtors and creditors wilh no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are reCO￿lsed in the profit and loss account ID other
administrative expenses.
Pagell
continued...

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
OTHER ACTIVITIES
2023
2022
Hall hire
Religious and social activities
7,019
28,014
8,576
41,178
35,033
49,754
INVESTMENT INCOME
2023
2022
Deposit account interest
2,021
443
RAISING FUNDS
Raising donations and legacies
2023
2022
Staff costs
Rates, wafrr and insurance
Ligbt and heat
Telepbone
Printing and stationery
Sundries
Donations
Reli(yious and social activities
Repairs and maintenance
Cleaning and security
Groceries
34,967
4,632
11,373
679
656
1,732
14.160
22,722
6,192
13,320
9,551
43,736
5.745
8,071
538
770
1,496
6.265
13,373
4,913
17,967
925
119,984
103,799
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 3 1st December 2023 nor for the year
ended 315t December 2022.
Trustees, expenses
There wer¢ no tru5tees' expenses paid for the year ended 31st December 2023 nor for the year ended
3 1st December 2022.
Page 12
continued.-.

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31ST DECEMBER 2023
STAFF COSTS
The average monthly number of employees during the year was as follows:
2023
2022
Priests
No employees received emoluments in excess of £60,000.
There are no high paid staff.
COMPAIL4TIVES FOR THE STATEM ENT OF FINANCIAL ACTIVITIES
Unreslrictcd
fund
Restricted
fLLnds
Total
funds
INCOME AND ENDOWMEIYTS FROM
Donations and legacies
247,536
303
247,839
Other activities
Investment income
49,754
443
49,754
443
Totsl
297,733
303
298,036
EXPENDITURE ON
Raising funds
103,799
103,799
Other
31,676
31.676
Total
135,475
135,475
Net gains/{losses) on inveslments
(13,186)
(L3,186)
NET tNCOME
149,072
303
149,375
RECONCILIATION OF FUNDS
Total fvnds brought fonvard
1,260,348
127,711
1,388,059
TOTAL FUNDS CARRIED FORWARD
1,409,420
128,014
1,537,434
Page 13
continued...

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
TANGIBLE FIXED ASSETS
Freehold
land and
buildings
Fixtures
and
fittings
Lift
COST OR VALUATION
At 1st January 2023
Additions
Disposals
1,386,517
253,793
66,345
118,547
At 31 st December 2023
1,640,310
66,345
118,547
DEPRECIATION
At 1st January 2023
Charge for year
266.723
31,886
64,478
373
87,909
3,064
At 3 1st December 2023
298,609
64,851
90,973
NET BOOK VALUE
At 31 st De¢¢mber 2023
1.341,701
1,494
27,574
At 31 st Decernber 2022
1,119,794
1,867
30,638
Deities
Jewellery
Tolals
COST OR VALUATION
At 1st January 2023
Additions
Disposals
63,747
21,117
7,852
1,643,008
274,910
(3,380)
(3.380)
At 3 1st December 2023
84,864
4.472
1,914,538
DEPRECIATION
At 1st January 2023
Charge for year
419,110
35,323
At 3 1st December 2023
454,433
NET BOOK VALUE
At 3 1st December 2023
84,864
4.472
1,460,105
At 3 1st December 2022
63,747
7,852
1,223,898
Cost or valuation at 3 1st Dec¢mber 2023 is represented by:
Freehold
land and
buildings
Fixtures
Lift
fittings
Cost
1,640,310
66,345
118,547
Page 14
continued...

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
TANGIBLE FIXED ASSETS - continued
Deities
Jewellery
Totals
Cost
84,864
4,472
1,914,538
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other debtors
Gift aid receivable
Prepayments
loo
37,535
1,127
50,187
1,179
38,762
51,366
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade credÉtors
PAYE and national insurance
Other creditors
1,209
824
1,924
4,991
6,915
2,033
ii.
MOVEMENT IN FUNDS
Net
movement
in fvnds
At
31112123
At 111123
Unrestricted funds
General ￿nd
1,409,420
128,369
1,537,789
Restricted fund5
Property Mainfrnance flmd
Raj Bhog fund
Shiv Abhishek fund
76,201
36.966
14.847
76,201
36,966
15,150
303
128,014
303
128,317
TOTAL FUNDS
1,537,434
128,672
1,666,106
Page 15
continued...

SHREE GUJARATI HINDU SATSANG MAIYDAL
NOTES TO THE FINANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31ST DECEMBER 2023
11.
MOVEMENT IN FUNDS - Continued
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
tn ￿ndS
Unrestrieted funds
General fund
292,864
(164,495)
128,369
Restricted fund5
Shiv Abhishek fund
303
303
TOTAL FUNDS
293,167
(164.495)
128,672
Comparatives for movement in funds
Net
movement
in fvnds
At
31112122
At 111122
Unrestricted funds
General fund
1,260,348
149,072
1,409,420
Restricted funds
Property Maintenance fund
Raj Bhog fund
Shiv Abhishek fund
76,201
36,966
14,544
76.201
36,966
14,847
303
127,711
303
128,014
TOTAL FUNDS
1,388,059
149,375
1,537,434
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
105ses
Movement
ill funds
Unrestricted funds
General fund
297,733
(135,475)
(13,186)
149,072
Restricted funds
Shiv Abhishek fund
303
303
TOTAL FUNDS
298,036
(135,475)
(13,186)
149,375
Pag¢ 16
contlnued...

SHREE GUJARATI HINDU SATSANG MANDAL
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER 2023
MOVEMENT IN FUNDS- continued
Property Maintenanc¢ The property maintenance fi￿d represents funds set aside to provide for repalrs,
maintenance and refuybishment of the Charity's premises.
This was established in 1992. The fund received 366 donation5 of £10 l each from
individual members of the congregation. Interest received from this fund is
deposited into the Qu￿¢nt account and only be applied to the purchase of food
offerings made daily.
This was established in 2010. The fund receives donations of £1 O l from individual
members of the congregation. The interest earned from this flmd is applied to the
purchase of mill( offerings to Lord Shiva. As at 31 st December 2023 the fund had
150 donations of £101 each (31 st December 2022 147 donations of £10 l each).
Raj Bhog
Shiv Abhishek
12.
RELATED PARTY DISCLOSURES
There were no related party transartions for th¢ year ended 3 1st December 2023.
13.
BUILDING IMPROVEMENT FUND
The cash at bank and in hand unrestricted fimd balance of £45.837 irtcludes the separate bank account, (balance
at 31.12.2023 of £10,100). used to control all spending on the new building project. All monies used for
spending on the new building project are paid into this bank account so that all expenditure on the new building
project is made from this dedicated bank account for better control. Ther¢ ar¢ three main sources of payments
into that account, donations specifically for the new building project. external funding and the general fund.
2019
2020
2021
2022
2023
Opening balance
Net receipts from internal funds
Gift aid allocated to this fund
Donations received
Building project expenses
Bank charges
145.578
140,870
50,000
38,437
89,647
116.156
258,289
20,517
26,575
15,554
41,572
67,407
153,979
100,335
(42,751) (401,236) (268,399)
(21)
{77)
(82)
94,257
138,767
(98,965) (291,196)
(4)
Closing balance
£140,870
£38,437
£89,647
£116,156
£io,ioo
Page 17

SHREE GUJARATI HINDU SATSANG MANDAL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
funds
Restricted
funds
INCOME AND ENDOWMENTS
Donations and legaeies
Donations
Sundry income
Gift aid receivable
211,765
6,510
37,535
303
212,068
6,510
37,535
197,652
50,187
255,810
303
256,113
247,839
Other activities
Hall hire
Religious and social activities
7,019
28.014
7,019
28,014
8,576
41,178
35,033
35,033
49,754
Investment income
Deposit account interest
2,021
2,021
443
Total incoming resources
292,864
303
293.167
298.036
EXPENDITURE
Raising donations and legacies
Gross salaries and national insurance
Pensions
Rates, water and insurance
Light and heat
Telephone
Printing and stationery
Sundries
Donations
Religious and social activities
Repairs and maintenance
Cleaning and security
Groceries
34,198
769
4,632
11,373
679
656
1,732
14,160
22.722
6,192
13.320
9,551
34,198
769
4,632
11,373
679
656
1,732
14,160
22,722
6.192
13,320
9,551
42.975
761
5.745
8,071
538
770
1,496
6,265
13,373
4.913
17,967
925
119.984
119,984
103,799
Other
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
Bank interest and charges
35,323
3.380
917
35,323
3,380
917
30,682
994
39,620
39,620
31,676
This page does not forni part of the statutory financial statements
Page 18

SHREE GUJARATI HINDU SATSANG MANDAL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
2023
Total
funds
2022
Total
funds
Unrestricted
nds
Restri¢ted
fun(ts
Support costs
Governance costs
Professional fees
4,891
4,891
Total resources expended
164,495
164,495
135,475
Net Income before gains and losses
128,369
303
128,672
162,561
Realised reeognised gains and losses
R¢valuation of fixed assets
(13,186)
Net ineome
128,369
303
128,672
149,375
This page does not forni part of the statutory financial statements
Page 19