Shree Swamlnarayan Templè Cardiff
509713
Receipts and payments accounts
CC16a
For the period
from
0111112023
3111012024
Section A Receipts and payments
Unrestrlcted
funds
to the noarn•t
Restricted
funds
Endowment
funds
Total funds
Last year
to tho n•amt £
to th• n•ar•st £
to th• n•ar••t £
to tho nearnst £
A1 Recelpts
Donallons
Gift
Inter¢$¢
Solar Panel Feed In Tariff
Grants And Donation9
Olhar
190,968
26,668
1.498
5.324
4528
190,966
28,668
1.498
0.324
156,4S4
59,683
2,451
4,421
1,36J
2,377
Sub total
Gross income for
AR)
238,994
228,984
221,751
A2 A888t and Inv8•tment $alg8,
(8ee lable).
Loan Re
aid from SSMB UK
Loan Repald from Swaminoryan Mandlr
Oldham
qoo,000
100.000
100,000
ub total
100.000
100,000
100,000
328,984
328,984
328,761
A3Pa
ments
Properly- M#int8nanc8 & Equlpment
Property- Runnlng Cojls
F98tivals and L8aming
Office l Admin
Staff I Volunteer Co¥16
Grants and Donatlong
Loan Repaid
118.840
44,733
42.583
7,708
21,352
2,021
10,000
115.840
44,733
42,683
7,708
36,139
43,283
45.399
8,203
22,422
2,257
15.000
2,021
10,000
Sub total
2H237
244,237
170,706
A4 Asset and Investment
pur¢haseg,
see table)
Purchasa of 30 Mard St
Loan to SwamSn•rayan Mandlr eromley
317.$00
200,000
200,000
200,000
200,000
Sub total
317.500
444,237
444.237
488.206
Net of receipts/(payments)
AS Transfers between funds
A6 Cash funds last year end
Cash funds this year end
115,253
115,253
181.454
527,074
411.821
527.074
411.821
688,528
527.074
CCXX R1 accounts ISSI
0110412025

Section B Statement of assets and liabilities at the end of the period
Unrestricted
funds
to n•arn•t £
Restricted
fund$
to nearnqt £
Endowment
fund8
to nwar8•t £
B1 Cash funds
Ca8
2.718
Bank Accounta l Bopd8
409,103
Total cash funds
411,821
la&￿ b•line48 r8c4*lB
unU$ll
Unre•trl¢ted
fund8
to nwr••t £
200,000
Re8trlcted
fund•
to noar••t £
Endowmgnt
funds
to ngamt£
Detalls
L08n to Shree Sw8min¥raygn Mandlr
Bromloy
82 Other monetary a880ts
Fund to whl¢h
••t b8lon
Curr•nt valu•
tlon•l
Details
Co•t loptlono
83 Inve8tment a88ets
Fund to whlch
ai•et belon
Uftre$lri¢te4
Unre8trict8d
Unro$trict¢d
Unr88trict8d
Unrestrictld
Curr•nt valu•
tlonal
Details
Land and Bulldlng14 M*rth￿ Plac4 & 30
Fixtures Fittings and Omam8rit8
Al¢trr8 I IdoS8. Muslcal In8trumen18
Kilchen l Offlca I Sound EquSpm8nl
Solar PAn•18 on roof
Co•t loptlon•D
84 Assets retalned for tho
charlty'$ own use
Fund to whleh
Amount du•
IlonBI
46.724
Wh•n du•
tlonal
Detalls
Loang
85 Llabllltle8
UnreBlri¢led
Slgned by ono or Iruglee8 on
behalf of all th¢ truslees
Slgnature
Print Nam•
Date of
roval
04103/2
CCXX R2 accounts (SS)
0110412025

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's report
on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
Shree Swaminarayan Temple Cardiff
On accounts for the year
ended
31FI October 2024
Charity no
(if any)
509713
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity ('Yhe Trust.) for the year ended 3111012024.
Re8ponslbilltle8 and AS the charty trustees, you are responsible for the preparation of the
basls of report accounts in accordance wlth the Charities Act 2011 ("the ACV).
I report in réspect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed 811 the applicable Directions given by the Charbty Commission
under section 145(5)(b) of the Act.
Independent I have completed my exarnination. I confirm that no material matters have
examlner's statement come to my attention in connection with the 8xamination which gives me
cause to believe that in, any material respect,:
the accounting records were not kept in accordance with section 130
of the Act,. or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable requirements
oncerning the form and content of accounts set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give 8 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
Signod:
Date:
2510312025
Name:
Vim81 Upadhyay
Relevant professional
qualification(s) or body
(If any):
Chartered Institute of Public Finance and Accountancy (CIPFA)
Address:
34 Twyn Y Fedwen. NThlhitchurch
Cardiff
CF14 1HU
IER
October 2018

Section B
Disclosure
Only complete if the examiner needs to hlghlight matters of concern (see CC32,
Independent examination of charity accounts: directions and guidance for
examiners).
Glve here detai18 of any
itsm8 that the examlner
Wi8he8 to di8cIo80.
No items to disc5ose
IER
October 2018

Trustees, Annual Report for the period
Period start date
Period end date
Yr-.81'
From
01
2Q23
To li
Section A
Reference and administration details
Charity name
Shree Swaminarayan Temple Cardiff
Other names charity Is known by
Registered charity number (if any)
509713
Charlty's prlnclpal address
4 Merches Place
Grangetown
Cardiff
Postcode
CF116RD
Names of the charity trustses who manage the charty
Datss acted if not for wholè
Tru8to• namo
Offlco lif any)
Name of parson lor bodyl entltlod
toa
olnt tru8to6
Ifan
S K Hirani
D K Hirani
Kothari
K A Vaghani
A R Hirani
V L Varsani
Vice President
Names and addresses of advl8ers (Optional infomiatlon)
e of advlser
Name
Addr•88
NIA
Name of chlef executive or names of senlor staff members Ioptional infomiatlon)
NIA
Section B
Structure,
overnance and mana
ement
Descrlptlon of the charlty's tru8ts
Trust Deed
Type of governing document
How the charity is constituted
Trust
Trustee selection methods
Trustees elected by Members
TAR
March 2012

Addltlonal governance issues (Optional Infonnation)
Shree Swaminarayan Temple Cardiff is one of a number of spiritual and
wellbeing organisations in the UK and serves the congregation of Cardiff
and Its surrounding areas, by providing a place of worship, festivals,
education and related activities. It works closely with other public and
private sector organisations in Wales who have similar aims of promoting
education, faith, community activities and wellbeing. Moral and spiritual
operating guidance is provided by the head priest of the Bhuj Temple in
India.
You may choose to include
additional information, where
relevant, about..
policies and Pro￿dureS
adopted for the induction and
training of trustees.,
the charity's organisational
structure and any wider
nehvork with which the Charity
works;
• relationship with any related
parties,.
trustees, consideration of
major risks and the system
and procedures to manage
them.
Members elect Trustees and Management Committee. An elected
management committee, with eight nominated postholders, manages the
Charity activities. All the above are unpaid volunteers and no payments
are made to them by the Charity for their service.
Vvhere n8w Trustees are appointed, Trustee Guides and policies of the
Charity are made available to the new Trustee, with updates to Trustee
details held at the Charity Commission made as soon as possible
highlighting changes.
The temple continues to offer of further opportunities and events to
support people to take part the temples activities and meet its and userfs
objectives.
Operating cost8 due to utilities, bullding malntenance, product
sustainability and food ingredients inflation continue to escalate.
Opportunities are being considered to continue to reduce utilities usage
and increase generation as part of further sustainability measures.
However, this will put further pressure on reserves. Increased operating
regulatory requirements remaining Ghallenging and a risk to be managed.
Trustees have completed a review of the con8titution including
recommendations to be agreed of 3 yearly election cycles for Committee
Members.
The level of reserves will need to be managed closely, however there are
no other signrficant risks that are required to be reported for the financial
year ending 2024.
TAR
March 2012

Section C
Objectives and activities
To advance the Hindu Religion in accordance with the Swaminarayan
Sampraday. This is done by holding religious services, festivals and to
provide education and other activities that will further the objects of the
Trust. No financial private benefit is gained by those supporting the aims
of the Trust and no ham) arose from the purposes.
Summary ofthe objects of the
charlty set out In its
governlng document
The Trustees and management committee are aware of the Charity
Commission requirements to manage the Trust and its objects for the
purposes of public benefrt 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 or
organising events, are support8d by volunteers to raise funds. Significant
time and effort have been invested during the year by many volunteers in
expanding the offering and choice resulting in a consequential increase in
income from donations during the year
Summary of the maln
actlvlties undertaken for tho
publlc benefit in relation to
these objects (includ8 Within
thls sectlon the ststutory
declaratlon that trustees have
had regard to the guidance
issued by the Charlty
Commission on publlc
beneflt)
The Temple 18 available for the congregation to undertake their religious
activities both in the moming and evening for 365 days a year. Vthere
facilities are available for hire to the members of the congregation, these
charges continue to be maintained at rea80nable levels to reflect
community use.
All Hindu festiva18 are celebrated 80 that the whole of the Hindu
Community can be part of the celebrations. Many schools and public
service organisations visit the temple as a practical experienc8 to learn
about Hindu cutture and religion.
This is done with nominal or no charge as part of public benefit.
The temple operates an open-door policy and regularly has events
interacting with 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 of activities to engage youth including classes on
religions, culture, behaviour as well as activities such as trips and events.
These are operated by volunteers offering their time to impart knowledge,
A significant programme of new, interactive events held within and
externally to the temple have been undertaken and planned for future to
su
ort our Ob.
TAR
March 2012

Additional detalls of objectives and actlvltles
O tional Infomiation
Activities are run by unpaid volunteers who give up Significant hours of
their time to further the objects of the Twst and to provide benefit to the
wider congregation. We actively encourage and rely on voluntary
participation.
No grants were awarded during the year to other entities.
You may choose to include
further statements, where
relevant, about:
policy on grantmaking.,
policy programme related
investment;
contribution made by
volunteers.
Activities and events are organised to support the aim of the Trust. The
temple relies on the attendance of its congregation and the local Hindu
population to support its activities. As has been mentioned above the
objects of the trust are furthered by the financial donations of those who
visit the temple, whether that be on a one off or regular basis.
The above is only possible and sustainable with continued support and
donation of time from individuals who provide voluntary selfless service.
Apart from wellbeing and spiritual enlightenment of themselves and
others, no financial wivate benefit is gained by those supporting the aims
of the Trust.
TAR
March 2012

Section D
Achievements and performance
Events and activities are undertaken with care and in accordance with
risk assessment.
Summary of the main
achievements of the charity
durlng the year
Activities included:
Celebration of various Hindu Festivals
Support for conferences and events in the UK
Education -Gujarati, spiritual and wellbeing, with innovative
experiences understanding the mind
Weekly youth seminar and activities
Facilitating over 40 School and public service visits to support
curriculum and understanding
Introduction and signposting of new events, planning for future
events and activities such as yoga and meditation based on
feedback from users
A highly successful Holi event bringing the festival of colour to a
wider audience
Daily temple opening and routine between 6.30 9.00 am and
16.00 19.00 pm, allowing congregation to attend the temple for
prayers, spiritual and mental wellbeing
Temple Anniversary celebrated on a grand scale
An active kitchen hub supporting offering to deities, activities and
income to support the running of the temple
A focus on increasing choice of offerings
Adopting the armed forces covenant and highlighting the impact
of Hate Crime
Hosting various saints from mother temple and celebrating the in
parallel the opening of a the New Ram Temple in India
Completion of 30 Mardy Street, a property OPPO8lte the temple to
further the Objects of the Temple and accommodation starting t o
be occupied
The construction works on 30 Mardy Street were substantially complete,
creating a ground floor facility providing additional teaching space and
first floor and second floor accommodation consisting of 5 rooms as a
'step Up, space in line with Objects of the Trust. The temple is grateful for
the volunteers who worked tirelessly to voluntarily to plan and undertake
tha works.
The Youth Committee and Management Committee continue to organi8e
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 pa￿nts, dedication and
time also. The teachers and presenters who organise and take part in
these activities are resolute volunteers who also ensure that the children
and adults enjoy coming to and being part of their classes.
The members of the congregation who attend the temple are the main
contributors of financial donations by which the temple is managed and
maintained. We would like to thank them but also to the members of the
congregation and management committee who continue to provide their
attendance, 8eNice and dedication in all our activities. Volunteers, young
and old are essential in building the future skills, relationships, knowledge
which are which are essential in advancing the objects of the trust.
TAR
March 2012

Section E
Financial review
The operating costs of the temple continue to increase. Costs of utilities,
insurances and ingredients have risen significantly and show little sign of
abating with such costs at least four times greater than previous years
due to market and intemational factors.
Brief statement of the
charity's pollcy on reserves
It is recognised that funds and reserves will be required to ensure that the
building remains suitable to support the objects of th8 trust for years to
come. This is to cover lifecycle costs as key building components come
to the end of their useful life. Funds are invested in cash depostts.
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 temi.
Funds may be loaned interest free to other entities for the short term,
where they have objects aligned to the objects of the Trust. Reserves are
maintained to ensur8 the operation of the Trust in the short to medium
term and more importantly also to ensure sustainability and affordability
in the long term for future generation8 as current levels of inflation erodes
such reserves and increases costs.
Opportunities to invest reserve8 in additional land and building assets to
leave and build a legacy continue to be considered by the Temple to
further the objects of the Temple and support the wider community In
alternative ways. This is subject to due diligence and development at the
end of the current reporting period.
Details of any funds materially
In deficit
NIA
Further financlal review detalls ¢Optlonal intormatlon)
As mentioned above, the main source of income is voluntary donations,
during a visit to the temple or online. Vllhere fund raising is undertaken for
other charities this is not recorded as trust income and expenditure but
given directly to those charities. No professional fundraisers are utilised.
You may choo80 to Include
additional information, where
levant about:
the charity's principal
sources of funds (includlng
any fundraising);
how expenditure has
supported the key objectives
of the charity.,
investment policy and
objectives including any
ethical investment policy
adopted.
This yearfs expenditure relates primarily to the continued construction
works at 30 Mardy Street, provision of a short temi loan to Bromley
Temple and that involving the effective operation of the building,
providing offerings of food and service to deities and the public and
organising festivals and youth activities.
All reserve fvnds during the year were invested primarily in cash deposrts
with one loan outstanding as highlighted in the financial return as at 31
October 2024. Capital preservation is of paramount importance to ensure
funds are available for the long term annual operating costs and
maintenance costs of the temple and to support its charitable objects.
Given the nature of investments, there are no specific ethical inve8tment
policy requirements.
TAR
March 2012

Section F
Other optional information
NIA
Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Slgned on behalf of the charlty's trustees
Slgnature(s)
Full name(s)
Karsan A Vaghani
Po8ltion (eg Secretary, Chalr,
Trustee
etc)
Dinesh K Hirani
Trustee
Date
5th Aprll 2025
TAR
March 2012