REGISTERED CHARITY NUMBER: 503030 rtof Fin f the Year Ended 31 M Shri Kri an APM AccL)untsnts Limited 2838 Hlgh Street Smethwick Bimiingham West Midlands B66 3NJ
te of for 31 Page ReFY)rt of the Trustees Indep9ndent Examinerfs Report Statement of Financial Activities Balan Sheet Notes to the Finanaal Statements 5 to 10 Detailed Statement of Financial AdivitiBS 11 to 12
ort theT rEn The trustees present their reFQrt with the financial Stat8Trnts of the charlty for the year ended 31 May 2021. The trustees hav8 adopted the FwvisKJns of Accounting and Reporting by Chanties: Statement of Rewmmended Practi appIlble to charities preparing their accounts In accordatxe with the Financial Reporting Stsndafd applicable in thè UK and Republic of Irdand IFRS 102) (effective 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Goveming document The tharity is controlled by its goveming dccument, a deed of tnjst and tJ)nstitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DEfAIL8 Registered Charity number 503030 Principal addross 123 Penn Road Wolverhampton WV3 ODU Trustees M L shana (President) P Patel (Treasurer) Ideceasaj 27.6.201 S SabhanKal S P Shamia B Bahri J Shamia J Kalia P N Puri (Treasurer) V P Jedey S Vaidya 8 Sharda V Khanna V Dhir Indopendent Examiner APM Accountsnts Limited 283a High Stwt Smethwlck Bimiingham West Midlands 866 3NJ Approved by order of th8 board of trustees on . behalf by.. and signed on its M L Shamia Page 1
dent han ndir Independent •xamlnerf$ report to the trustee¥ of Shri Krlshan Mandlr I report to the charity Irustees on my examination of the ac(JJunts of Shri Krishan Mandlr (the Trust) for the year 31 May 2021. Responsibilftles and basis of report As the charity Iwstees of the Trust you are resFK)nsible for the prep*1( of the a(Xunts in accordan with the requirements ofthe Charities Aci 2011 {Ihe A¢V). I report in rpspect of my examination of the Trusfs acojunts carried out under section 145 of the Act arnl in rryIng out my examination I have followed all applicable D1reCtKs given by the Charity Commission under section 1445)(bl of the Act. Indep•ndent examin5 statom I have completed my eXamInatn. I confimi that no material matter5 have come to my attenlion in connection with tha examination gmng me e4use to believe that in any materlal respect.. accwnting record5 were not kept in respect of the Twst as required by section 130 of the the aUnts do not accord with tkne rrdS,. the accounts do not u)mply with the apFdicable requirements conceming lh8 fomi and Ixjntent of accounts set out in the Charities (Acc%)unts and RetK)rts) Regulations 2008 other than any requirement that the awunts give a true and fair view which is not a matter considered as part of an independent examination. I have no con(¥ms arKI have rne acrt)ss other matters in conne¢tion with the examination to whiGh attention should be drawn in this report in ordef to able a proper und8rstandiro of the aco)unts to be reached. OJ KUMAR CA PM Acrx)untsnts Limited 2838 High Street Smethwid( Blmingham West Midlands B66 3NJ PwJè 2
riKri atement of Finana I r the Year Ende 31.5.21 Unrestricted nd 31.5.20 Totsl funds Notes INCOME AND ENDOWMEKfs FROM th)natiorts and legao'es 48,461 84,485 Investhwnt income 9.971 4,870 Total 58,432 89,355 EXPENDITLIRE ON Raising funds 23,281 24.421 Other 30,967 43,409 Total 54.248 67,830 NEf INCOME 4,184 21.525 RECONCILIATION OF FUND8 Total funds broUt forward 991,643 970,118 TOTAL FUNDS CARRIED FORWARD 995,827 991.643 The Th)te$ fonTr part of these financtal statements Pw*3
Sh 31 31.5.21 Unrestsicted fund 31.5.20 Total fvrKIs FIXED ASSETS Tangible assets 734.471 734,621 CURRENT ASSErs Debtors Cash at bank 12,500 249,606 20,329 237,443 262,106 257,772 CREDITORS Amnts faNing dua ¥thIn one year (750) {750) NET CURRENT ASSErs 261,356 257,022 TOTAL ASSETS LESS CURREpir LIABILITIES 995,827 991,643 NET ASSETS 995,827 991,643 FUNDS Unrestricted ftjnds 10 995,827 991,643 TOTAL FUNDS 995,827 991,643 The financial statements were appmved by the Board of Trustees and authorised for issue on . and were signed on its beharf by: M L Shanna Presidentj- Trustee uri (Treasurer) - Trustee The notes fomi part of these financial statements Pago 4
riKri to the Fi rthey rEn ancial nts ACCOUNTING POLICIES Basis of preparing the financlal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP {FRS 102) 'Accounting and Reporting by Charrties: Statement of Recommended Practice applicable to charities preparrng their iunts in a¢(ffilan with the Financial Reporting StaThlard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)., Financial Reporting Standard 102 The Finanaal Reporting Stsndard appliixble in the UK and Rewblic of Ireland, and the Charities Act 2011. The finarrial statements have been prepa1 under the historical cost convention. Income JI income is recogni8&J in the Statement of Ftnan¢ial Activitie5 On the charfty has entidemenl to the funds, it is probable that the ino)me will recelved and the amnt (an be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructNe ctjligation committing the charity to that expenditure, il is probable that a transfer of economic beneffits will be required in setuement the amount of the oblFgation can be measured reliably. Expenditure is a(tounted for on an accruals basis and has been dassified under headings Ihat aggregate all cost r81ated to the category. Where costs cannot be directly atiributed to partlar headings they have been amocated to activities on a basis nSIStent with the use of resources. Tangiblo fixed assets Deprecialion ts provided at the following annual rates in order to wrfte off each asset over its estimated Us1 lrfe. Taxatlon The charity ts exempt from tax on its charitable actfvities. Fund accounting Unreslricted funds can be used in &cordance with the charitsble obiectsves at the discretion of the trustees. Restrtcted funds can only be used for particular restricted purposes vthin the obj'ects of the charity. Restrictions arise when specified by the donor or when funds are Rised for particular reslricted wrposes. Further exFlanation of the nature and purFKJse of each fvnd 1$ included in the notes to the finarjaI statements. cnntlnu8d...
Shri shan M the Fin Istst 2021 INVESTMENT INCOME 31.5.21 31.5.20 Bank interest received 9,971 4,870 RAISING FUNDS Raising donations and Iggacies 31.5.21 31.5.20 SupFK)rt costs Invesbmrt management costs 31.5.21 31.5.20 Property repairs 12.055 11,293 A99regate amounts 23,281 24,421 TRUSTEES. REMUNERATICX4 AND BENEFrrs The were no trustees. remuneration or other bgn9ffts for th8 year ended 31 May 2021 nor for the year ended 31 May 2020. Trustaos, expens6$ There were rw) trustees, exponses paid for the year ended 31 May 2021 for the year ended 31 May 2020. STAFF COSTS 31.5.21 31.5.20 Wage5 and sal 13.100 12,000 13.1 12,000 The average rrthhty number of n[AoyeeS during the year was as follows: 31.521 staff Number 31.5.20 No employees receivod emoluments in 8$$ of £60.000. Page 6 continued...
Shri Kri anm Not em d31Ma 21 COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTMTIES unStrICted tund INCOME AND ENDOWMENTS FROM Ck)nations and legaaes Investm8nt InMe 4,870 Total 89,355 EXPENDITURE ON Raising funds 24,421 43,409 Total 67,830 NET INCOME 21,525 RECONCILIATION OF FUNDS Total funds brought forward 970,118 TOTAL FUNDS CARRIED FORWARD 991,643 Page 7 ntinued...
an Note for oth nan temen 31Ma 20 TANGIBLE FIXED ASSETS lrnprovements Fixtures Freehold and propty propety fftb'ngs Totals COST At 1 June 2020 Additions 649,026 11,201 11.009 234,935 895,162 11.009 At 31 May2021 649,026 22,210 234.935 906,171 DEPRECIATION At 1 June 2020 Charge for year 160,541 11,159 160,541 11,159 At 31 May 2021 171,700 171,700 NEf BOOK VALUE At 31 May 2021 649,026 22.210 63.235 734,471 At 31 May 2020 649,026 11.201 74,394 734.621 DEBTORS: Amouiifs FALLING DUE THIN ONE YEAR 31.5.21 31.5.20 Other debtors Prepayments 12.500 12,500 7,829 12.500 20.329 CREDrroRS: AMOUNTS FALUNG DUE WIThIN ONE YEAR 31.5.21 31.5.20 Other ltorS 750 750 10. MOVEMENT IN FUNDS Net movement in fun¢ts At 31.5.21 A* 1.6.20 Unrestrlctsd funds General fund 991,643 4,184 995,827 TOTAL FUNDS 991,643 4,184 995,827 ntinued...
Shri shan M ir Notes lo th Fi Year En ancial 1Ma 10. MOVEMENT IN FUNDS- eontinuod Net nTh)vement in funds, indudwj in the abt)ve are as follows: Incoming Resources M)vemenl resour¢es expended in fvnds Unreslrlthd funds General fijnd 58.432 154.248) 4,184 TOTAL FUNDS (54,248) 4,184 C¢ynpara*ives for movement in fun(ts movement in fvnds At 31.5.20 At 1.6.19 Unrostricted funds General fund 970,118 21.525 991,643 TOTAL FUNDS 970,118 21,525 991,643 Comparalve net nv)vemerrt in bJnd$, induded in the above are as follows.. Inc%)ming Resources Movemenl resources expended in funds Unrestricted lund5 General fvnd 89,355 (67.830) 21.525 TOTAL FUNDS 89.355 167,830) 21,525 A current year 12 th3 aThg prwy year 12 mnths o)mbtred [ts¢ is as follows: Nel movemant in funds At 31.5.21 At 1.6.19 Unrestrlcted funds General lund 970,118 995,827 TOTAL FUNDS 970,118 25.709 995,827 Page 9 continu...
hri Krishan Man Ista - continued rth YearEn 10. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 o)mtiin&J net movement In funds, Induded in the above are as followd: Incoming Resources Movement resources expended in fvnds Unrestricted funds General fund 147,787 (122,078) 25,709 TOTAL FUNDS 147,787 (122,078) 25,709 11. RELATED PARTY D18CLOSUR&8 Th8r8 wer8 no related paty transactions for the year ended 31 May 2021. Page 10
Shri Kris etailed Ststem nan 31.5.21 31.5.20 INCOME AND ENDOWMENTS Donatlons and18gacles Hall hire Donalions Festival Sales Membership fees Gift lief Other incx)me Insurance reipt 21)0 19.897 276 1.899 63,977 2.0 427 16,173 7,881 20,207 48,461 84.485 Investment in¢omo Bank interest r1Ved 9,971 4,870 Total inming rnsources 58.432 89.355 EXPENDITURE Othor trading activiti•s 09preatrOn oftarYJible fixed assets 11,159 13.128 Investment managoment costs Property repairs 12,055 11,293 Other Wages 13.100 12.000 8upport costs Management Insuran Lrgm and heat Telephone Postsge and stationery AAJvertising Househokl Cleaning costs Sundry and Festival Expenses 5,827 7,312 513 3,232 13,800 1,637 112 200 4,282 6,194 300 2,632 16,584 29,457 Governance costs Donation Accountancy and legal fees 1.350 1.350 1,952 This pag6 d[ rkot fom) part Of statutory financial statements Pagé 11
Detail d S r th Year ment ot Financral 31 31.5.21 31.5.20 Total fesryjrces expeThJed 54.248 67,830 4,184 21,525 This pago does not form pat of the statutory financial statements Page 12