REGISTERED CHARITY NUMBER: 503030 the Tr ees and forthe Y ar Ended 31 Ma Shri shan Mandir APM Accountants Limited 283a High Street Smethwick Birmingham West Midlands B66 3NJ
Shri Krishan M Conten s of the Financial Statement for th Year Ended 2022 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 5 to 10 Detailed Statsment of Financial Activities
hri Krishan M Re ort of the Trustees f r the Year Ended 31 Ma The trustees present their report with the financial statements of the charity for the year ended 31 May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporttng Standard applicable in the UK and Republic of Ireland <FRS 102) (effectwe 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming document, a deed of trust and consttlutes an unincorporatsd charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 503030 Principal address 123 Penn Road Woiverhampton WV3 ODiJ Trustees M L Sharma (President) S Sabhatwal S P Sharma B Bahri J Sharma J Kalia P N Puri (Treasurer) V P Jetley S Vaidya B Sharda V Khanna V Dhir Independent Examiner APM Accountants Limited 283a High Slreet Smethwick Birmingham West Midlands B66 3NJ Approved by order of the board of trustees on behalf by= and signed on its il j M L Sharma (President) - Trustee Page 1
Inde nt Examinerf Re ri Krishan Man ortto he Trustee5 of Independent examIneS report to the trustees of Shrl Krishan Mandir I report to the charity trustees on my examination of the accounts of Shri Krishan Mandir (the Trust) for the year ended 31 May 2022. Rosponsibllltles and basls of report As the charity trust*s of the Trust you are responsible for the Preparation of the accounts in accordance with the requirements ofthe Charities Act 2011 (Ihe Acf). I report in respect of my examination of the Trusvs accounts carried out under seclion 145 of the Acl and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145{51(bl of the Act. Independent examinerfs ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material Spect.. accounting re¢ords were not kept in respect of the Trust as required by section 130 of the the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements Conrning the form and content of accounts set out in the Charilies (Accounts and Reports) Regulab'ons 2008 other than any requirement that the accounts give a and fair view which is nol a matter considered as part of an independent examinalion. I have no cOnmS and have come across no olher matters in connection with the examinalion to which attention should be drawn in this port in order to enable a proper understanding of the accounts to be reached. OJ KUMAR CA APM Accountants Limited 283a High Street Smethwick Bimiingham West Midlands B66 3NJ Date. .. Page 2
Shri Krishan Mandir Statement of Financial Activities rthey Ended 31 Ma 2022 31.5.22 Unrestricted fund 31.5.21 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 73,855 48,461 Investrnent income (7,849) 9,971 Total 66,006 58,432 EXPENDITURE ON Raising funds 14,819 23,281 Other 41,999 30,967 Total 56,818 54,248 NET INCOME 9,188 4,184 RECONCILIATION OF FUNDS Totsl funds brought forward 995,827 991,643 TOTAL FUNDS CARRIED FORWARD 1,005.015 995,827 The notes fonn part of these financial statements Page 3
Shri Krishan Man Balance Sh 1Ma 2022 31.5.22 Unrestricted fund 31.5.21 Total funds Notes FIXED ASSETS Tangible assets 728,675 734,472 CURRENT ASSETS Debtors Cash at bank 12,500 264,771 12,500 249,606 277,271 262.106 CREDITORS Amounts falling due within one year 1931) {751) NET CURRENT ASSETS 276,340 261,355 TOTAL ASSETS LESS CURREpir LIABILITIES 1,005.015 995,827 NET ASSETS 1,005,015 995,827 FUNDS Unrestricted funds 10 1,005,015 995,827 TOTAL FUNDS 1,005,015 995,827 The fin nci I statements were approved by the Board of Trustees and authorised tor issue on and were signed on its behalf by.. M L Shama (President) - Trustee uri (Treasurer) - Trustee The notes form part of these financial statements Page 4
Shri Krishan Mandir otes to the Financial St8 for ar Ended 31 Ma ements 2022 ACCOUNTING POLICIES Basls of preparing the financial statements The financial statements of the charity, which is a public benefrt entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 102} (effective 1 January 2019),, Financial Reporting Standard 102 The Financial Reporting 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. Incorne All income is recognised in the Statement of Financial Activtties On the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliabty. Expenditure Liabilities are recognised as exp*nditure as soon as there is a legal or constructive obligakn'on commttting the charity lo 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. Expenditure 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 attribuled to particular headings they have been allocated lo activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the followng annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from tax on its charrtable activities. Fund a¢¢ounting Unrestricted funds can be u1 in accordan with Ihe charitable obiectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes wrthin the objecls of the Charity. Restriclions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 5 coth'nued...
Shri Krishan Ma dir to the Financial r Ended tatements - 2022 ntinued for th INVESTMENT INCOME 31.5.22 31.5.21 Bank interest received (7.8491 9,971 RAISING FUNDS Raising donations and legacies 31.5.22 31.5.21 Support cosls 67 Investment management Costs 31.5.22 31.5.21 Propety repairs 4,683 12,055 Aggregate amounts 14,819 23,281 TRUSTEES. REMUNERATION AND BENEFITS There were no tfUSt*s' remuneration or other b8nefits for the year ended 31 May 2022 nor for the year ended 31 May 2021. Trustees. expenses There were no truslees, expenses paid for the year ended 31 May 2022 nor for the year ended 31 May 2021. STAFF COSTS 31.5.22 31.5.21 Wages and salaries 14,800 13,100 14,800 13,100 The avorage monthly number of employees during the year was as follows.. 31.5.22 31.5.21 Staff Number No employees received emoluments in excess of £60,000. Page 6 continued...
Shri Krishan Man Notes to the Financial Statements - continued rthe Year ded 31 Ma 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 48,461 Investment income 9,971 Total 58,432 EXPENDITURE ON Raising funds 23,281 Other 30,967 Total 54,248 NET INCOME 4,184 RECONCILIATION OF FUNDS Total funds brought foThvard 991,643 TOTAL FUNDS CARRIED FORWARD 995,827 Page 7 continued...
Shri Krishan dir Notes lo the Financial Statements- continued forthe Y ar Ended 31 Ma TANGIBLE FIXED ASss Improvements Fixtures to and propety fittings Freehold property Tolals COST At 1 June 2021 Additions eA9,026 22,210 234,935 4.341 906,171 4,341 At 31 May 2022 649,026 22,210 239,276 910,512 DEPRECIATION At 1 June 2021 Charge for year 171,700 10,137 171.7(K) 10,137 At 31 May 2022 181,837 181.837 NET BOOK VALUE At 31 May 2022 649,026 22,210 57,439 728,675 At31 May2021 649,026 22,210 63,235 734,471 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.5.22 31.5.21 Other debtors 12,500 12,500 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.5.22 31.5.21 Trade credrtors Other credf(ors 181 750 750 931 751 10. MOVEMENT IN FUNDS Net movement in funds At 31.5.22 At 1.6.21 Unrestricted funds General fund 995,827 9,188 1,005,015 TOTAL FUNDS 995,827 9,188 1.005,015 Page 8 continued...
Sh ' Krishan M Notes t he Financial Statements - continued forlhe Y ar Ended 10. MOVEMEKf IN FUNDS - continued Net movement in funds, included in the above are as follows= Incoming Resour Movement resources expended in funds Unrestrlctsd funds General fund 66,006 (56,818) 9,188 TOTAL FUNDS 66,006 156,818) 9,188 Comparatives for movement in funds Net movement in funds At 31.5.21 At 1.6.20 Unrestricted funds General fund 991,643 4,184 995,827 TOTAL FUNDS g91,643 4,184 995,827 Comparative net movement in funds. included in the above are as follows.. Incoming Resources Movement resour expended in ftjnds Unrestricted funds General fund 58,432 (54,248) 4,184 TOTAL FUNDS 58,432 (54,248) 4,184 A current year 12 months and prior year 12 months combined posf(ion is as follows.. Net movement in funds Al 31.5.22 At 1.6.20 Unrestrlcted funds General fund 991,643 13,372 1,005,015 TOTAL FUNDS 991,643 13,372 1.005,015 Page 9 continued...
han Man Notes to the Financial Statements- continued for th ear Ende 022 10. MOVEMENT IN FUNDS- ¢ontinued A current year 12 months and prior year 12 months combined net movernent in funds, included in the above are as follows.. Incoming resources Resources Movement expended in funds Unrestricted funds General ftjnd 124,438 (111,066) 13,372 TOTAL FUNDS 124,438 (111,066) 13,372 11. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 May 2022. Page 10
Shn Krishan Man elailed Slatement of Financial Activities rthe Year End Ma 2022 31.5.22 31.5.21 INCOME AND ENDOWMENTS Donations and legacies Hall hire Donations Festival sales Gift relief Other income Insurance receipt 5,501 56.533 11.821 200 19,897 276 7,881 20,207 73,855 48,461 Investment income Bank interest received {7,849) 9,971 Total incoming resources 66,006 58,432 EXPENDITURE Other trading activities Depre¢iation of tangible fixed assets 10,136 11.159 Investment management costs Propety repairs 4,683 12,055 Other Wages 14,800 13,100 Support costs Management Insurance Light and heal Telephone Postage and ststionery Household Cleaning cosls Sundry and Festival Expenses 2,483 13,999 948 340 3,358 5,827 7,312 513 2,632 25.794 16,584 Finance Bank charges 35 Governance costs Accountancy and legal fees 1,370 1,350 Total resources expended 56,818 54,248 Net income 9,188 4,184 This page does not fomi part of the stalutory financial statemenls Page11