2023-03-31-accounts

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			ID Tailor MBEJP DL,	President	President
			D H Nayee, Vice President
			C H Limbachia, Secretary
			A M Jariwala, Assistant Secretary
			B Panchal, Treasurer
			N Parmar, Assistant Treasurer
			A Limbachia, Committee Member
			M Marolia, Committee	Member
			0 Maru, Committee Member
			K Parekh Committee	Member		(Resigned		18/9/22)
			D Patel Committee member
			U Solanki, Committee	Member
			RValand, Committee	Member
			P Nayee Committee	Member		(Appointed		18/9/22)
			J Parekh Committee	Member		(Appointed		18/9/22
			KVara Committee Member		(Appointed		18/9/22)
			K Parekh Holding Trustee
			A Patel Holding Trustee
Charity registered		number	505959
Principal office			South Meadow Lane
			Preston
			PR1 8JN
Independent	auditors		MHA Moore and Smalley
			Richard House
			Winckley Square
			Preston
			PR1 3HP
Bankers			HSBC Pic
			40 Fishergate
			Preston
			PR12DP
Solicitors			Harrison Drury
			1aChapel Street
			Winckley Square
			Preston
			PR1 8BU

			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	funds	funds
		Note	2023 f	2023 E	2023	2023 E	2022 f
Income and endowments	from:
Donations and legacies Charitable activities Trading activities Investment income Other income —Covid Job Retention Scheme		2 3 4 5	4,480 129,505 66,642 45,765	202		4,480 129,707 66,642 45,765	23,849 145,225 13,925 49,453 3,659
Total income and endowments			246,392	202		246,594	236,111
Expenditure on:
Charitable activities		6	157,676	31,340	11,206	200,222	193,131
Total expenditure			157,676	31,340	11,206	200,222	193,131
Net income/(expenditure) before transfers			88,716	(31,138)	(11,206)	46,372	42,980
Transfers between funds		14
Net movement in funds			88,716	(31,138)	(11,206)	46,372	42,980
Total funds brought forward			1,287,344	1,490,547	124,855	2,902,749	2,859,766
Total funds carried forward			1,376,060	1,459,409	113,649	2,949,')18	2,902,746

					2023		2022
				Note	5
Fixed assets
Tangible assets				9		1,045,487		1,079,717
Investments				10		943,299		933,849
						1,988,786		2,013,566
Current assets
Debtors				11
Cash at bank	and	in	hand	12	963,166		891,436
					963,166		891,436
Creditors: amounts			falling due within one
year				13
					(2,834)		(2,256)
Net current	assets					960,332		889,180
Total assets	less	current liabilities				2,949,118		2,902,746
Creditors: amounts			falling due after more
than one year				13
Net assets						2,949,118		2,902,746
Charity funds Endowment funds				14		113,649		124,855
Restricted funds				14		1,459,409		1,490,547
Unrestricted	funds			14		1,376,060		1,293,965
						2,949,118		2,902,746

			2023	2022
Cash flows from operating	activities
Net cash flow from operating activities			45,346	40,855
Cash flow from investing	activities
Dividends, interest and rents from investments			45,765	56,069
Additions to investments			(9,450)
Purchase oftangible fixed assets			(9,932)	(2,082)
Net cash generated/(used)	by investing	activities	26,383	53,988
Change in cash and cash equivalent in		the year	71,729	94,844
Cash and cash equivalents	brought forward		891,437	795,592
Cash and cash equivalents	carried forward		963,166	891,436
Analysis ofcash and cash	equivalents
			2023f	2022f
Cash at bank Cash in hand			959,321 3,845	888,103 3333
			963,166	891,436
Reconciliation of net movement in funds to net cash flow from operating			activities
			2023	2022
				F.
Net (expenditure)/income for the year			46,372	42,980
Adjustment for:
Depreciation charges			44,163	45,180
Dividends, interest and rents from investments Decrease/(increase) in debtors Increase/(decrease) in creditors			(45,765) 576	(56,074) 9,331 (561
Net cash flow from operating	activities		45,346	40,856
The notes on pages 12to 24	form part of	these financial statements

onations and legac	ies
	Unrestricted	Restricted	Endowment	Total	Total
	funds	funds	funds	funds	funds
	2023f	2023 f	2023 6	2023 6	2022
Donations	4,480			4,480	23,849

ncome	from cha	ritable act	ivities
			Unrestricted	Restricted	Endowment	Total funds	Total funds
			funds	funds	funds
Society objectives			2023f	2023f	2023f	2023 6	2022 6
Grants							30,000
Prayer	hall donations		2,391			2,391	2,169
Prayer	hall Arati	box	40,286			40,286	39,477
Religious festivals			57,651			57,651	52,796
Samaj	Deep		6,170			6,170	7,130
General	cultural	activities	11,471	202		11,673	4,549
Language tuition			1,650			1,650	2,303
Elderly	group		9,886			9,886	6,801
Total			129,505	202		129,707	145,225

			Unrestricted	Restricted	Endowment	Total funds	Total funds
			funds	funds	funds
Society objectives			2022f	2022f	2022	2022	2021f
Grants				30,000		30,000
Prayer	hall donations		2,169			2,169	3,115
Prayer	hall Arti box		39,477			39,477	24,168
Religious festivals			52,796			52,796	29,567
Samaj	Deep		7,130			7,130	5,691
General	cultural	activities	4,145	404		4,549	15,140
Language tuition			2,303			2,303	1,320
Elderly	group		6,801			6,801	136
Total			114,821	30,404		145,225	79,137

rading	activitie	s
				Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds	funds	Funds
				2023	2023	2023	2023	2022
				f		f	f
Profit on	sale of	religious	items	1,431			1,431	1,372
Wedding	hall hire			10,689			10,689	6,134
GHS Enlerprise		Income		54,522			54,542	6,419
Total				66,642			66,642	13,925

nvestment income
	Unrestdcted	Restricted	Endowment	Total funds	Total
	funds	funds	funds		funds
	2023f	2023f	2023f	2023 f.	2022 f
Bank interest receivable	3,189			3,189	8,385
Rental income	37,312			37,312	37,281
Interest on bonds	5,264			5,264	3,787
Total	45,765			45,765	49,453
Prior year
	Unrestricted	Restricted	Endowment	Total funds	Total
	funds	funds	funds		funds
	2022 f.	2022f	2022f	2022	2021 f
Bank interest receivable	8,385			8,385	9,644
Rental income	37,281			37,281	42,475
Interest on bonds	3,787			3,787
Total	49,453			49,453	52,119

Expenditure on	charitable activi	ties
		Unrestricted	Restricted	Endowment	Total funds	Total funds
		funds	funds	funds
		2023 2	2023f	2023 f	2023	2022f
Direct
365 day service	expenses					2,288
Religious festivals		8,245			8,245	4,953
General cultural	activities	8,303	606		8,909	2,857
Elderly group		4,315			4,315	1,b/1
Language tuition		1,863			1,863
Samaj Deep		4,114			4,114	2,848
Advertising		1,440			1,440	11,025
Wages and salaries (note 8)		15,556		11,206	26,762	34293
		43,836	606	11,206	55,648	59,835
Support
Telephone		1,265			1,265	1,548
Rates and water		4,841			4,841	5,632
Printing, postage	and stationery	1,181			1,181	2,296
General expenses		9,515			9,515	3,314
Insurance		10,107			10,107	10,885
Heat and light		17,561			17,561	20,504
Repairs and maintenance		52,591			52,591	9,236
Depreciation		13,429	30,734		44,163	45,180
Grant expenditure						30,000
Governance costs (note 7)		3,350			3,350	4,701
		113,840	30,734		144,574	133,296
Total		157,676	31,340	11,206	200,222	193,131

6	Expenditure on c Prior year	haritable activit	ies (Continue	d)
			Unrestricted	Restricted	Endowment	Total funds	Total funds
			funds	funds	funds
			2022 f	2022 f	2022f	2022 f	2021 f.
	Direct
	365day service	expenses	2,288			2,288	1,230
	Religious festivals		4,953			4,953	2,451
	r'anaral cidtural	activities	2,857			2,857	14,869
	Elderly group		1,571			1,571	96
	Language tuition						1,883
	Samaj Deep		2,848			2,848	2,831
	Advertising		11,025			11,025	946
	Wages and salaries (note 8)		7,535	3,659	10,638	21,832	27,247
	GHS Enterprise	salaries	12,461			12,461
			45,538	3,659	10,638	59,835	51,553
	Support
	Telephone Rates and water		1,548 5,632			1,548 5,632	1,253 7,515
	Printing, postage and stationery General expenses		2,296 1,694			2,296 1,694	2,789 1,966
	GHS Enterprise	other costs	1,620			1,620
	Insurance		10,885			10,885	13,208
	Heat and light		20,504			20,504	19,429
	Repairs and maintenance		9,236			9,236	23,088
	Depreciation		15,974	29,206		45,180	42,628
	Grant expenditure			30,000		30,000
	Governance costs (note 7)		4,701			4,701	3,504
			74,090	59,206		133,296	115,380
	Total		119,628	62,865	10,638	193,131	166,933
7	Governance costs
		Unrestricted		Restricted	Endowment	Total	Total
			funds	funds	funds	funds	funds
			2023f	2023f	2022f	2022f	2022f
	Accountancy		3,336			3,336	4,094
	Legalfees		14			14	607
			3,350			3,350	4,701

Staff costs	were	as follows:
						2023 6	2022 f
Gross						24,999	32,716
Employer's	NIC					1,763	1,577
Total						26,762	34,293
						2022	2022
						No.	No.
Employees						'IO
No employee	received remuneration			amounting		to more than 660,000 in either year
Key management		personnel	are considered		to	be the following:
ID Tailor MBEJP DL, President
D H Nayee,	Vice	President
C H Lambachia,		Secretary
BPanchal, Treasurer

	Freehold	Fixtures
	property 8	and Fittings f	Total
Costs
At 1 April 2022	1,585,310	296,152	1,881,482
Additions		9,933	9,933
At 31 March 2023	1 585310	306 085	1&891395
Depreciation
At 1 April 2022	639,793	161,952	801,745
Charge for year	29,206	14,957	44,163
At 31 March 2023	668,999	176,909	845,908
Net book value
At 31 March 2023	916,311	129,176	1,045,487
At 31 March 2022	945,517	134,200	1,079,717

rustees believe that this valuation is still appropriate	for the property.
	2023f	2022 6
48West Cliff, Preston	540,000	540,000
Seva Bond 1	42,000	42,000
Seve Bond 2	105,000	95,550
54 South Meadow Lane	90,000	90,000
48 South Meadow Lane	166,299	166,299
	943,299	933,849

11	Debtors
						2023	2022
							6
	Prepayments	and accrued			income
	Amount due from subsidiary				undertaking
12	Cash at Bank
						2023	2022
						9
	Skipton Building Society					411,482	315,409
	Virgin Money					218,321	217,680
	HSBC					282,180	335,784
	HSBC —GHS	Enterprise				47,338	19,230
	Cash in Hand					3,845	3,333
						963,166	891,436
13	Creditors: Amounts		falling		due within one year
						2023	2022
						5	F
	Accruals and	deferred		income		2,834	2,258
						2,834	2,258

tatement of Current year	funds
			Balance at 1				Balance at
			April			Transfers	31 March
			2022	Income	Expenditure	in/(out)	2022
Unrestricted	funds
General funds			1,287,344	246,392	(157,676)		1,376,060
Endowment	funds
365 day service fund			124,855		(11,206)		113,649
Restricted funds
Temple restoration		fund	1,480,374		(29,206)		1,480,374
Stage lighting	fund		9,769		(1,528)		9,769
Cultural Activities			404	202	(606)
Total			2,902,746	246,594	(200,222)		2,949,118
r/or year
			Balance at 1				Balance at
			April			Transfers	31 March
			2021	Income	Expenditure	in/(out)	2022
Unrestricted	funds
General funds			1,204,924	202,048	(119,628)		1,287,344
Endowment	funds
365day service fund			135,493		(10,638)		124,855
Restricted funds
Coronavirus		Job		3,659	(3,659)
Retention Scheme
Temple restoration		fund	1,507,834		(27,460)		1,480,374
Stage lighting	fund		11,515		(1,746)		9,769
Covid India				30,000	(30,000)
Cultural Activities				404			404
Total			2,859,766	236,111	(193„131)		2,902,746

Analysis of net assets between fund	Analysis of net assets between fund	s
Current year
		Unrestricted	Restricted	Endowment	Total
		fundsf	fundsf	fundsf	fundsf
Tangible	fixed assets	126,078	927,006		1,045,487
Fixed asset investments		256,299	540,000	147,000	943,299
Current	assets	996,517		(33,351)	963,166
Creditors	due within one year	(2,834)			(2,834)
		1,376,060	1,459,409	113,649	2,949,118

rior year
		Unrestricted	Restricted	Endowment	Total
		fundsf	fundsf	fundsf	funds
Tangible	fixed assets	134,200	945,517		1,079,717
Fixed asset investments		256,299	540,000	137,550	933,849
Current assets		899,101	5,030	(12,695)	891,436
Creditors	due within one year	(2,256)			(2,256)
Creditors	due in more than one year
		1,287,344	1,490,547	124,855	2,902,746