##
##
|Reference and admnistrative
details ofthe charity,|its trustees|and advisers|
|---|---|---|
|Trustees'
report|||
|Independent
examiner's
report|||
|Statement offinancial
activities|||
|Balance sheet|||
|Statement ofcash flows|||
|Notes to the financial
statements|||
##
|Trustees|||D H Nayee, President|||||
|---|---|---|---|---|---|---|---|
||||ID Tailor MBEJP DL,|Vice President||||
||||A M Jariwala,
Secretary|||||
||||C H Limbachia,
Assistant
Secretary|||||
||||BPanchsl, Treasurer|||||
||||U Parmar, Assistant Treasurer|||(Expired 8/5/2020)||
||||N Parmar, Assistant Treasurer|||(Appointed|13/9/2020|
||||A Limbachia,
Committee
Member|||||
||||M Marolia, Committee|Member||||
||||BMaru, Committee
Member|||||
||||G Modesia Committee|member||( Retired|13/9/2020)|
||||K Parekh Committee|Member||||
||||D Patel Committee
member|||||
||||N Patel Committee
member||(Retired 13/9/2020)|||
||||U Solanki, Committee|Member||||
||||R Valand, Committee|Member||||
||||K Parekh
Holding Trustee|||||
||||A Patel
Holding Trustree|||||
|Charity registered||number|505959|||||
|Principal offic|||South Meadow
Lane|||||
||||Preston|||||
||||PR1 8JN|||||
|Independent|auditors||MHA Moors and Smaficy|||||
||||Richard House|||||
||||Winckley Square|||||
||||Preston|||||
||||PR1 3HP|||||
|Bankers|||HSBC Pic|||||
||||40 Fishergate|||||
||||Preston|||||
||||PR12DP|||||
|Solicitors|||Harrison
Drury|||||
||||1aChapel Street|||||
||||Winckley Square|||||
||||Preston|||||
||||PR1 8BU|||||
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|||||unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
||||Note|2021
f|2021
f.|2021
f|2021f|2020
f.|
|income and endowments||from:|||||||
|Donations
and legacies
Charitable
activities||||14,469
79,137|||14,469
79,137|36,172
142,035|
|Trading
activities
Investment
income||||2,516
43,886||8,233|2,516
52,119|15,504
65,004|
|Other income —Covld|Job||||||||
|Retention Scheme|||||6,090||6,090||
|Total income and endowments||||140,008|6,090|8,233|154,331|258,715|
|Expenditure
on:|||||||||
|Charitable
activities|||6|117,509|37,072|12,352|166,933|203,741|
|Total expenditure||||117,509|37,072|12,352|166,933|203,741|
|Net Income/(expenditure)
before transfers||||22,499|(30,982)|(4,119)|(12,602)|54,974|
|Transfers
between
funds|||14||||||
|Net movement
in funds||||22,499|(30,982)|(4,119)|(12,602)|54,974|
|Total funds brought|forward|||1,182,425|1,550,331|139,612|2,872,368|2,817,394|
|Total funds carried|forward|||1,204,924|1,519,349|135,493|2,859,766|2,872,368|
##
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||||Note|6
2021||f|2020||
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Tangible assets
Investments|||9
10||1,122,814
933,849|||1,135,776
933,849|
||||||2,056,663|||2,069,625|
|Current assets|||||||||
|Debtoi's|||11|9,331||26,241|||
|Cash at bank and|in|hand|12|796,592||783,566|||
|||||805,923||809,807|||
|Creditors:
amounts||falling due within one|||||||
|year|||13|(2,820)||(7,064)|||
|Net current assets|||||803,103|||802,743|
|Total assets less|current liabilities||||2,859,766|||2,872,368|
|Creditors:
amounts||falling due after more|||||||
|than one year|||13||||||
|Net assets|||||2,859,766|||2,872,368|
|Charity funds
Endowment
funds|||14||135,493|||139,612|
|Restricted funds|||14||1,519,349|||1,550,331|
|Unrestricted
funds|||14||1,204,924|||1,182,425|
||||||2,859,766|||2,872,368|
##
##
##
||||2021|2020|
|---|---|---|---|---|
|Cash flows from operating
activities|||||
|Net cash flow from operating
activities|||(9,428)|65,478|
|Cash flow from Investing
activities|||||
|Dividends,
interest and rents from investments|||52,119|65,004|
|Additions
to investments||||(16,000)|
|Purchase
oftangible
fixed assets|||~(29,665|(62,870|
|Net cash generated/(used)
by investing||activities|22,454|(13,866)|
|Change
in cash and cash equivalent|in the year||13,026|51,882|
|Cash and cash equivalents
brought|forward||783,566|731,684|
|Cash and cash equivalents
carried|forward||796,592|783,566|
|Analysis
ofcash and cash equivalents|||||
||||2021|2020|
||||6|F|
|Cash at bank|||794,313|781,722|
|Cash
in hand|||2,279|1,844|
||||796,592|783,566|
|Reconciliation
of net movement|In funds to net cash flow from operating||activities||
||||2021f|2020
6|
|Net (expenditure)/income
for the year|||(12,602)|54,974|
|Adjustment
for:
Depredation
charges
Dividends,
interest and rents from|investments||42,628
(52,119)|44,081
(65,004)|
|Decrease/(increase)
in debtors
Increase/(decrease)
in creditors|||16,910
(4,245)|(28,326)
(3,371)|
|Net cash flow from operating
activities|||(9,428)|65,748|
|The notes on pages 12to 24 form|part|of these financial statements|||
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##
|nations
and legaci|es|||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|Total|
||funds|funds|funds|funds|funds|
||2021|2021|2021|2021|2020|
||f|8|E||6|
|Donations|14,469|||14,469|36,172|
##
|come from charitable
acti|vities|||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total funds|Total funds|
||funds|funds|funds|||
|Society ob)ectlves|2021f|2021
8|2021
8|2021
f|2020|
|Grants||||||
|Prayer hall donations
Prayer hall Arati box
Religious festivals
Samaj Deep
General
cultural
activities|3,115
24,168
29,567
5,691
15,140|||3,115
24,168
29,56?
5,691
15,140|12,772
39,650
53,234
7,673
14,539|
|Language
tuition
Elderly group|1,320
136|||1,320
136|2,480
11,687|
|Total|79,137|||79,13?|142,035|
##
|rior year||||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total funds|Total funds|
||funds|funds|funds|||
|Society objectives|2020|2020
6|2020
f|2020f|2019|
|Grants|||||15,953|
|Prayer hall donations
Prayer hall Arti box
Religious festivals
Samaj Deep
General
cultural
activities|12,772
39,650
53,234
7,673
14,539|||12,772
39,650
53,234
7,673
14,539|9,176
41,163
56,697
4,776
11,573|
|Language
tuition
Elderly group|2,480
11,687|||2,480
11,687|2,770
10,105|
|Total|142,035|||142,035|152,413|
##
##
##
|ading
ac|tivities|||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|funds|funds|funds|Funds|
||||2021
f|2021
f.|2021
f|2021
f.|2020
f|
|Profit on sale of religious
Wedding
hall hire
Other rental income||items|1,031
1,329
156|||1,031
1,329
156|1,184
14,164
156|
|Total|||2,516|||2,516|15,504|
##
||||Unrestricted|Restricted|Endowment|Tote|I funds|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds|funds|||funds|
||||2021f|2021f|2021f||2021f|2020f|
|Bank
Rental|interest
income|receivable|1,411
42,475||8,233||9,644
42,475|26,867
38,137|
|Total|||43,886||8,233||52,119|65,004|
##
|||Unrostrlcted|Restricted|Endowment|Total funds|Total|
|---|---|---|---|---|---|---|
|||funds|funds|funds||funds|
|||2020
f|2020f|2020f|2020f|2019f|
|Bank
Rent|interest receivable
ofWest Cliff property|9,204
38,137||17,663|26,867
38,137|6,491
33,213|
|Total||47,341||17,663|65,004|39,704|
##
##
##
##
|penditure
on c|haritable
activiti|es|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total funds|Total funds|
|||funds|funds|funds|||
|||2021|2021|2021|2021|2020|
|||0||K|6|0|
|Direct|||||||
|365 day service expenses
Religious festivals
General
cultural
activities||1,230
2,451
14,869|||1,230
2,451
14,869|4,669
22,921
11,388|
|Elderly group
Language
tuition
Samaj Deep
Advertising
Wages and salaries (note 8)||96
1,883
2,831
946
8,805|6,090|12,352|96
1,883
2,831
946
27,247|4,715
713
4,690
1,776
17,493|
|||33111|6,090|12,352|51,553|68,365|
|Support
Telephone
Rates and water||1,253
7,515|||1,253
7,515|1,176
9,773|
|Printing,
postage and stationery
General expenses
Insurance||2,789
1,966
13,208|||2,789
1,966
13,208|2,778
2,668
12,715|
|Heat and light
Repairs and maintenance||19,429
23,088|||19,429
23,088|27,133
32,385|
|HP interest|||||||
|Depreciation
Governance
costs (note 7)||11,646
3,504|30,982||42,628
3,504|44,081
2,667|
|||84,398|30,982||115,380|135,376|
|Total||117,509|37,072|12,352|166,933|203,741|
##
##
##
||Expenditure
on charitable
activitie
Prior year|s (Continued)|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total funds|Total funds|
|||funds|funds|funds|||
|||2020
f|2020f|2020
f.|2020|2019
f|
||Direct||||||
||365 day service expenses
Religious festivals
General
cultural
activities|4,669
22,921
11,388|||4,669
22,921
11,388|691
18,996
8,686|
||Elderly group
Language
tuition
Samaj Deep
Advertising
Wages and salaries (note 8)|4,715
713
4,690
1,776
15,225||2,268|4,715
713
4,690
1,776
17,493|4,155
281
1,369
3,219
18,067|
|||66,097||2,268|68,365|55,464|
||Support
Telephone
Rates and water|1,176
9,773|||1,176
9,773|1,161
9,156|
||Printing,
postage and stationery
General expenses
Insurance|2,778
2,668
12,715|||2,778
2,668
12,715|2,966
1,788
11,183|
||Heat and light
Repairs and maintenance
HP interest|27133
32,385|||27 133
32,385|24,755
39,918
52|
||Depreciation
Governance
costs (note 7)|13,099
2,667|30,982||44,081
2,667|36,321
3,921|
|||104,394|30,982||135,376|131,221|
||Total|170,491|30,982|2,268|203,741|186,685|
|7|Governance
costs||||||
|overnance
costs||||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|Total|
||funds|funds|funds|funds|funds|
||2021
f|2021f|2021|2021|2020f|
|Accountancy|2,940|||2,940|2,667|
|Legal fees|564|||564||
||3,504|||3,504|2,667|
##
##
##
|aff costs w|ere as follows:|||
|---|---|---|---|
|||2021
f|2020
f|
|Gross||25,740|17,493|
|Employer's|NIC|1,507||
|Total||27,247|17,493|
|||2021|2020|
|||No.|No.|
|Employees||12|11|
##
##
##
##
||Freehold|Fixtures||
|---|---|---|---|
||property
f|and Fittings
F|Total
6|
|Costs||||
|At 1 April 2020
Additions|1,585,310|264,405
29,665|1,849,715
29,665|
|At 31 March 2021|1,585,310|294,070|1,879,380|
|Depreciation
At 1 April 2020|581,381|132,558|713,939|
||29,206|13,421|42,627|
|Charge for year||||
|At 31 March 2021|610,587|145,979|756,566|
|Net book value||||
|At 31 March 2021|974,723|148,091|1,122,814|
|At 31 March 2020|1,003,929|131,847|1,135,776|
##
##
|stees believe that|this valuation
is still appropriate
f|or the property.||
|---|---|---|---|
|||2021|2020|
|||6|F|
|48 West Cliff, Preston||540,000|540,000|
|Seva Bond 1||42,000|42,000|
|Seva Bond 2||95,550|95,550|
|54 South Meadow|Lane|90,000|90,000|
|48 South Meadow|Lane|166,299|166,299|
|||933,849|933,849|
##
||||17,505|
|---|---|---|---|
|CJRS Grant|||18,743|
|Cost ofsales|||(373)|
|Other expenditure|||(26,724)|
|Profit for the year|||9,151|
|Charitable
donation|to Gujarat|Hindu Society|(9,151)|
|Retained
profit||||
|Net assets||||
##
##
##
|11|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021f|2020
f|
||Prepayments
and accrued||||income||180|180|
||Amount|due from subsidiary|||undertaking||9,151|26,061|
||||||||9,331|26,241|
|12|Cash at Bank||||||||
||||||||2021f|2020|
||Sklpton
Building Society
Yorkshire
Bank||||||211,455
210,075|221,550
206,350|
||HSBC||||||372,783|353,822|
||Cash in|Hand|||||2,279|1,844|
||||||||796,592|783,566|
|13|Creditors:||Amounts|falling|due within one year||||
||||||||2021f|2020|
||Accruals||and deferred
income||||2,820|7,064|
||||||||2,820|7,064|
||Deferred||income||||||
||Deferred||income at 1 April||2020|||2,500|
||Resources deferred|||during|the year||||
||Amounts||released|from previous||years||(2,500)|
||Deferred||income at 31 March 2021||||||
##
##
##
|Current year|||||||
|---|---|---|---|---|---|---|
|||Balance at 1||||Balance at|
|||April|||Transfers|31 March|
|||2020|Income|Expenditure|ini(out)|2021|
|Unrestricted
funds|||||||
|General funds||1,182,425|140,008|(117,509)||1,204,924|
|Endowment
funds|||||||
|365day service fund||139,612|8,233|(12,352)||135,493|
|Restricted funds|||||||
|Coronavlrus|Job||6,090|(6,090)|||
|Retention Scheme|||||||
|Temple restoration
Stage lighting
fund|fund|1,536,897
13,434||(29,063)
(1,919)||1,507,834
11,515|
|Total||2,872,368|154,331|(166,933)||2,859,766|
|Prior year|||||||
|||Balance at 1||||Balance at|
|||April|||Transfers|31 March|
|||2019|Income|Expenditure|in/(out)|2020|
|Unrestricted
funds||||||1,182,425|
|General funds||1,108,253|240,648|(170,087)|3,611||
|Endowment
funds||||||139,612|
|365 day service fund||124,217|17,663|(2,268)|||
|Restricted funds|||||||
|Lottery
funding|for|3,611|||(3,611)|1,536,897|
|anniversary
project
Temple restoration|fund|1,565,960||(29,063)||13,434|
|Stage lighting
fund||15,353||(1,919)|||
|Total||2,817,394|258,715|(203,741)||2,872,368|
##
##
##
##
|each year from unrestricted
funds|each year from unrestricted
funds|in respect|ofdeprecation.||||
|---|---|---|---|---|---|---|
|Analysis
of net assets between||funds|||||
|Current year|||||||
||||Unrestricted|Restricted|Endowment|Total|
||||funds|fundsf|fundsf|fundsf|
|Tangible|fixed assets||148,091|974,723||1,122,814|
|Fixed asset investments|||258,356|540,000|135,493|933,849|
|Current|assets||801,297|4,626||805,923|
|Creditors|due within one year||(2,820)|||(2,820)|
|Creditors|due in more than one|year|||||
||||1,204,924|1,519,349|135,493|2,851,217|
|Prior year|||||||
||||Unrestricted|Restricted|Endowment|Total|
||||fundsf|fundsf|funds
f.|fundsf|
|Tangible|fixed assets||125,445|1,010,331||1,135,776|
|Fixed asset investments|||256,299|540,000|137,550|933,849|
|Current assets|||807,745||2,062|809,807|
|Creditors|due within one year||(7,064)|||(7,064)|
|Creditors|due in more than one|year|||||
||||1,182,425|1,550,331|139,612|2,872,368|
##
##