2022-10-31-accounts

					To advance the Hindu Religion in accordance with the Swaminarayan
					Sampraday. This is done by holding religious services, festivals and to
Summary ofthe objects charity set out in its governing document				ofthe	provide education and other activities that will further the objects ofthe Trust. No financial private benefit is gained by those supporting the aims ofthe Trust and no harm arose from the purposes.
					The Trustees and management committee are aware ofthe Charity
					Commission requirements to manage the Trust and its objects for the
					purposes of public benefit and have complied with this duty in exercising
					powers and duties.
					The Temple does not charge for entry and runs primarily on donations
					from the congregation and activities such as cooking prasad offerings
					supported by volunteers to raise funds. The Temple is available for the
					congregation to undertake their religious activities both in the morning
					and evening for 365days a year. Where facilities are available for hire to
					the members ofthe congregation, these charges are maintained at
					reasonable levels to reflect community use.
Summary	ofthe main
activities undertaken			for	the	All Hindu festivals are celebrated so that the whole ofthe Hindu
public benefit in relation				to	Community can be part ofthe celebrations. Whilst paused during covid,
these objects (include			within		visits now continue from public service organisations and many schools
this section		the statutory			in the UK to learn about Hindu culture and religion. This is done with
declaration		that trustees		have	nominal or no charge as part of public benefit. The activities are run by
had regard		to the guidance			unpaid volunteers who give up many hours oftheir time to further the
issued by	the Charity				objects ofthe Trust and to provide benefit to the wider congregation. We
Commission		on public			actively encourage and rely on voluntary participation.
benefit)
					The temple operates an open-door policy and regularly has events
					interacting with local residents around the temple and other faith groups.
					Teaching is provided in how to read and write the Gujarati language and
					there are a host ofactivities to engage youth including classes on
					religions, culture, behaviour as well as activities such as trips and events.
					These are again operated by many volunteers offering their time to
					impart knowledge.
					During the reporting year, all activities continued to be gradually re-
					instated following the Covid 19pandemic, with a significant programme
					ofevents undertaken and lanned for future to su ort our Ob'ects.
Additional	details ofobjectives				and activities (Optional information)

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					Despite the above it was great to see many people throughout the
					community get together after a tough few years to support this
					anniversary event in many different ways.
					The contribution of the young members ofthe congregation in planning
					the above events and taking part in building activities makes it easy to
					maintain the temple building and keep it clean and tidy. Progress on
					lower community halI and fire alarm systems continued during the year,
					which required significant investment.
					The Youth Committee and Management Committee continue to organise
					events, religious and morals classes for the young children and
					congregation to take part in on Fridays and weekends These classes
					continue to see changes in numbers and rely on parents dedication and
					time also. The teachers and presenters who organise and take part in
					these activities are dedicated volunteers who also ensure that the
					children and adults enjoy coming to and being part oftheir classes.
					The Temple had an important part to play in ensuring a safe environment
					for which to attend, had regular reviews of its covid risk assessment,
					encouraged the congregation via announcements and on-line to adhere
					to government guidance etc. We were pleased with the support we had
					from all in complying with the requirements we set out.
					The members ofthe congregation who attend the temple are the main
					contributors offinancial donations by which the temple is managed and
					maintained. We would like to thank them but also to the members ofthe
					congregation and management committee who continue to provide their
					attendance, service and dedication in all our activities. Volunteers, young
					and old are essential in building the future skills, relationships, knowledge
					which are essential in advancing the objects of the trust.
					The operating costs of the temple continue to increase. Costs of utilities
Brief	statement		of	the	and ingredients have risen significantly and show little sign ofabating
charity's		policy	on	reserves	with such costs at least four times greater than previous years due to
					market and international factors. Most essential upgrades to community
					hall and Are detection were completed during the year to ensure that the
					building remains suitable to support the objects of the trust. This includes
					lifecycle costs as components come to the end oftheir useful life, such as
					CCTV.
					Funds are invested in cash deposits. Whilst returns have been minimal
					due to low interest rates, opportunities for longer term deposits are
					undertaken where cash balances are not deemed required in the near
					term.
					Reserves are maintained to ensure the operation ofthe Trust in the short
					to medium term and more importantly also to ensure sustainability and
					affordability in the long term for future generations as current levels of
					inflation erodes such reserves and increases costs. The Covid pandemic
					and unforeseen works to the lower hall highlighted the importance of
					having usable reserves to manage uncertainty.
					Dpp il i t i ddii I d ilCh g
AB					5 March 2012

									Shraa	Swaminarayan	Ternpie Cardiff	Ternpie Cardiff			509713
										Receipts and payments				accounts			Cc~ea
									For	the period from	01/1 1/2021		To		31/10/2022
~	a	~	o	s			~	~	~ ~
									Unrestricted funds		Restricted funds		Endowment funds		Total	funds	Last year
									to ths	naarsat R	tothe nearest	R	to ths nearest $		to the nearest E		to the nearest K
A1 Recel ts
										22$,7$4							11$,047
										11,471						11471	15,5$2
										1,81e						1,818	7,355
Solar Panel Feed		in Tariff								4075						4,075	4,51$
		ross		income			r
							AR)			-245,946							145,502
A2 Asset and		investment				sales,
(see table).
Loan Repaid	from		SSMB			UK											100,000
						u	oa										100,000
			Total			receipts
A3 Pa ents Property - Maintenance			&Equipment							41,201						41~,	54,300
Property - Running		Costs								34,233						34,233	19,130
Festivals and Learning										118,826						116,62$	10,410
OSce / Admin										3,659							5,455
Staff / Volunteer	Costs									16,4$7						16,48?	12,134
Grants and Donations
					Sub total					212,218						212,216	101,429
A4 Asset and		investment
urchases	see table
Loan Given	to SSM Oldham																100,000
					Sub total												100,000
		Total		payments						212,216						212,216	201+29
Net ofreceiptsl(payments)										33,730						33,730	44,073
A5 Transfers		between			funds
A6 Cash funds last year						end
Cash funds			this		year end					.688+28						688,528	654,798

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